Parliament's Public Accounts Committee has called leading industrialists, including Ratan Tata and Anil Ambani, and corporate lobbyist Niira Radia to appear before the panel in connection with the 2G spectrum scam which it is probing.
Murali Manohar Joshi, chairman of the Public Accounts Committee, said on Thursday that no decision had been taken regarding the offer made by Prime Minister Dr Manmohan Singh to appear before the PAC for questioning in the 2G Spectrum scam.
Journalists, whose names have cropped up in the 2G scam tapes, will face the Public Accounts Committee, PAC Chairman Murli Manohar Joshi has said.
A cursory look at the speech revealed that the telling lines where he says that he has nothing to hide and makes the offer of appearing before the PAC, "I sincerely believe that like Caesar's wife, the prime minister should be above suspicion and it is for this reason that I am prepared to appear before the PAC even though there i no precedent of this."
Minutes after Prime Minister Dr Manmohan Singh's speech at the 83rd Congress plenary on Monday, where he offered to appear before the Public Accounts Committee in the wake of scams that have rocked the nation, he came under the fire of the Opposition.
Prime Minister Dr Manmohan Singh, speaking on the second day of the Congress plenary meet on Monday in New Delhi, said the PM's post should be above suspicion and that he is ready to appear before the Public Accounts Committee in the 2G spectrum scam even though there was no precedent to do so.
The defence ministry received the bags from a French firm at a cost of 11.86 million Francs, a parliamentary panel said.
Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.
'I had sought help but did not receive any support. Nobody was there.'
Jaswant Singh could stick out like a sore thumb for BJP even in the Lok Sabha after its attempt to remove him from the Chairmanship of the Public Accounts Committee has been virtually rejected by Speaker Meira Kumar.
The Central Board of Direct Taxes was pulled up by the Public Accounts Committee for delay in tax recovery from the hosts of the 1996 cricket World Cup.
Jaswant refuses to step down as PAC chairman
Expelled Bharatiya Janata Party leader Jaswant Singh on Tuesday rejected the party's demand to step down as chairman of the parliamentary Public Accounts Committee, saying a decision on this could be taken only by the Lok Sabha speaker and not by the party.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
A meeting of the Parliament's Public Accounts Committee (PAC) on Wednesday witnessed a verbal slugfest between its chairman Adhir Ranjan Chowdhury and MPs from the ruling National Democratic Alliance as the Congress leader sought to raise the issue of COVID-19 vaccination drive for discussion in the panel, sources said.
'There is no question that Putin's preference will be to avoid unpleasantness with Trump, leave alone a collision course,' observes Ambassador M K Bhadrakumar.
The government had taken kickbacks when coffins meant for Kargil martyrs were purchased, she said.
The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.
'The approach today is, instead of giving loans to 100 MSMEs, let us give one loan to a big-ticket corporate.' 'And so many of these big fish deceived the banks and the banks are in the doldrums now with high NPAs.'
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Four more people die in Uttar Pradesh floods, as the overall toll rises to 67.
Or do you think there is a realistic chance of the government being brought down?
The government refuses to make available the Central Vigilance Commissioner's report on defence purchases to the Public Accounts Committee.
The committee said the defence ministry had refused to provide the Central Vigilance Commission report on the matter.
Congress members repeatedly stormed the well raising anti-government slogans forcing Deputy Speaker P M Sayeed to adjourn the House for the day.
Leader of Opposition Suvendu Adhikari objected to Roy's elevation, arguing that the MLA, who had crossed over to the ruling Trinamool Congress last month after winning the polls on a BJP ticket, cannot be considered a legislator of the saffron camp.
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
The boycott is on the issue of government's refusal to part with a CVC report to the Parliament's Public Accounts Committee.
The opposition is demanding the defence ministry provide the Central Vigilance Commission's report on arms purchases during the Kargil conflict to the Public Accounts Committee.
The defence minister said it could not be given to the Public Accounts Committee.
The Reserve Bank on Wednesday approved a Rs 2.11 lakh crore dividend payout to the central government for 2023-24, more than double the amount it paid for the previous 2022-23 financial year. The decision was taken at the 608th meeting of the Central Board of Directors of the Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das.
The opposition has been demanding that all the documents relating to the Kargil purchases be tabled in the House and a full discussion be allowed on the issue.
The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.
Congress president Mallikarjun Kharge has called for tough decisions and unity within the party after the Congress suffered electoral defeats in Maharashtra and Haryana. In a meeting with top party leaders, Kharge highlighted the need to strengthen the organization from the grassroots, fix accountability, and address internal bickering. He also urged leaders to remain united and avoid public criticism of each other. The Congress chief expressed concern over the party's performance in state elections despite a strong showing in the Lok Sabha polls earlier this year. He acknowledged the need to learn from the setbacks and improve the party's strategy and communication to counter its rivals' propaganda.
IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'
He said the multi-party committee formed by the Speaker in Himachal Pradesh would discuss all issues about street vending on October 3. Singh's remarks came a day after the Congress top brass chided him over his remarks on mandatory display of names by the street vendors and told him that no one was allowed to go against the party's policies and ideologies.
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
