News for 'Public Accounts Committee'

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Rediff.com6 Mar 2023

Confirming a meeting with the top management of the Adani Group, Life Insurance Corporation Chairman M R Kumar said on Sunday that the interaction had gone well. "There's nothing I can state as of now on the outcome of that meeting. "But yeah, we've had the meeting....we are quite happy about this meeting," Kumar said on the sidelines of the 22nd Global Conference of Actuaries in New Delhi.

SC asks Centre, Manipur to ensure people's safety; urges to avoid hate speech

SC asks Centre, Manipur to ensure people's safety; urges to avoid hate speech

Rediff.com11 Jul 2023

The top court also took note of the submissions about objectionable public utterances by some groups and individuals.

Rahul readies Congress for Karnataka polls

Rahul readies Congress for Karnataka polls

Rediff.com16 May 2017

Buoyed by the recent victories in bypolls, Rahul was keen to revamp the state unit.

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Rediff.com12 Feb 2023

The meeting is believed to be called to chalk out the strategy of the Opposition in Rajya Sabha on Monday.

Lalu convicted in 5th fodder scam case, sentencing on Feb 21

Lalu convicted in 5th fodder scam case, sentencing on Feb 21

Rediff.com16 Feb 2022

He had already been granted bail in the Chaibasa Treasury Scam case in October 2020, and in the Deoghar Treasury Scam case in February 2020.

'Not counting caste is as political an act as counting it'

'Not counting caste is as political an act as counting it'

Rediff.com31 Oct 2023

'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'

BJP deploys 4 Union ministers to regain 14 Lok Sabha seats in UP

BJP deploys 4 Union ministers to regain 14 Lok Sabha seats in UP

Rediff.com19 Feb 2023

The seats held by the non-BJP parties in the state are Bijnor, Amroha, Moradabad, Sambhal, Raebareli, Ghosi, Lalganj, Jaunpur, Ambedkarnagar, Ghazipur, Shravasti, Mainpuri, Saharanpur and Nagina. Of these, Raebareli is held by Sonia Gandhi of the Congress.

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

Dalai Lama successor must be from within China, needs govt nod: Beijing

Dalai Lama successor must be from within China, needs govt nod: Beijing

Rediff.com10 Nov 2023

Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.

Will NDA grant Congress LOP post in Lok Sabha?

Will NDA grant Congress LOP post in Lok Sabha?

Rediff.com5 Jun 2014

Bharatiya Janata Party leader Sumitra Mahajan will be appointed Speaker of the 16th Lok Sabha on Friday. Other key parliamentary posts like that of Leader of Opposition, deputy Speaker, chairman of the Public Accounts Committee and head of the all-important standing committee on finance will be keenly contested.

Sonia Or Kharge: Who Will Be INDIA Chairperson?

Sonia Or Kharge: Who Will Be INDIA Chairperson?

Rediff.com30 Aug 2023

'Most leaders, from Lalu Yadav and Mamata to M K Stalin, respect and trust Sonia. She should continue unless she expressly declines.'

ECB under immense pressure to expunge racism in cricket

ECB under immense pressure to expunge racism in cricket

Rediff.com24 Mar 2022

The British government has supported to limit public funding for cricket unless it takes concrete steps to rid of racism

As food prices spiral, fight against inflation not over: RBI report

As food prices spiral, fight against inflation not over: RBI report

Rediff.com18 Jul 2023

The spike in food prices at the onset of the monsoon season has corroborated the Reserve Bank of India's (RBI's) view that the fight against inflation is far from over, the State of the Economy report of the central bank said. At the same time, the report said that the country is poised to become the fastest-growing major economy in the world, notwithstanding some sequential moderation in economic activity in June. Consumer Price Index (CPI)-based inflation rate increased to 4.8 per cent in June 2023, from 4.3 per cent in May, primarily on account of an increase in food inflation.

Cauvery water protests spread in K'taka; Mysuru seer joins farmers' stir

Cauvery water protests spread in K'taka; Mysuru seer joins farmers' stir

Rediff.com23 Sep 2023

The protests, which erupted after the Supreme Court refused to interfere with orders of the Cauvery Water Management Authority and the Cauvery Water Regulation Committee directing the state to release 5,000 cusecs of water to neighbouring Tamil Nadu, have intensified.

Part-time Prasar Bharati board member Vempati becomes its new CEO

Part-time Prasar Bharati board member Vempati becomes its new CEO

Rediff.com3 Jun 2017

Vempati previously worked with Infosys and now heads an online media company.

Congress gives breach of privilege notice against Amit Shah

Congress gives breach of privilege notice against Amit Shah

Rediff.com10 Aug 2023

The Congress on Thursday gave a notice in the Lok Sabha against alleged breach of privilege by Home Minister Amit Shah, accusing him of speaking untruth on Maharashtra farm widow Kalawati Bandurkar who Rahul Gandhi had met in 2008.

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

Govt decides to reduce 'disturbed areas' under AFSPA in NE: Shah

Govt decides to reduce 'disturbed areas' under AFSPA in NE: Shah

Rediff.com25 Mar 2023

Shah said for the first time in India's history, Modi prioritised security, peace and development in the northeast and as a result of it, the region is now rapidly heading on the path of peace and development.

Here's why TMC hasn't demanded JPC probe on Adani

Here's why TMC hasn't demanded JPC probe on Adani

Rediff.com16 Mar 2023

One of the reasons why the TMC decided not to demand a JPC is that the chairperson and most of its members would be from the BJP, he said, adding JPC means putting the issue under the carpet.

Public sector banks: Mr Modi's nightmare?

Public sector banks: Mr Modi's nightmare?

Rediff.com15 Jun 2015

Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.

Defence import grew between 2017-21, fell last year: Govt data

Defence import grew between 2017-21, fell last year: Govt data

Rediff.com3 Feb 2023

Minister of State for Defence Ajay Bhatt said the major defence equipment that were imported included helicopters, aircraft radars, rockets, guns, assault rifles, missiles and ammunition.

Why Do Banks Hide Losses?

Why Do Banks Hide Losses?

Rediff.com21 Mar 2023

Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.

SC rejects legal status for same-sex marriage, bats for queer rights

SC rejects legal status for same-sex marriage, bats for queer rights

Rediff.com17 Oct 2023

Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.

President Patil's secret mantra for Cabinet

President Patil's secret mantra for Cabinet

Rediff.com5 Jul 2009

The Union Cabinet and its committees have been given a new 'mantra' by President Pratibha Patil and asked to clear every proposal only after ensuring that it meets the requisites of equity or inclusiveness, innovation and public accountability.The Cabinet Secretariat has shot out a 'secret' demi official letter to all secretaries in the government, citing the President's diktat.

Jump in small savings to burden govt

Jump in small savings to burden govt

Rediff.com22 Nov 2017

The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.

'Some home ministers, DGs corrupt; auction police stations'

'Some home ministers, DGs corrupt; auction police stations'

Rediff.com17 Nov 2023

'Earlier in my career DGs were nearly 100 per cent honest.' 'By the time I retired, many DGs have not been honest.' 'One DG asking me to go and meet a home minister whom everybody knew is a corrupt guy.' '

Modi govt avoiding debate on embarrassing issues like Adani: Tharoor

Modi govt avoiding debate on embarrassing issues like Adani: Tharoor

Rediff.com3 Feb 2023

Tharoor said people have incurred losses after their money which was invested in LIC, SBI was put by the government "in its friend's account".

Why Raghuram Rajan Raced At RBI

Why Raghuram Rajan Raced At RBI

Rediff.com13 Jan 2023

The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.

Adani speaks: Interest of my investors is paramount

Adani speaks: Interest of my investors is paramount

Rediff.com2 Feb 2023

Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller's accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose on the stock market, with the cumulative rout now nearing $108 billion in a week -- one of the biggest wipeouts in India's history. "After a fully subscribed follow-on public offering (of Adani Enterprises Ltd), yesterday's decision of its withdrawal would have surprised many.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Suburban trains: Public lifeline bleeds Railways

Suburban trains: Public lifeline bleeds Railways

Rediff.com20 Nov 2007

Expressing concern over the huge losses, the Standing Committee on Railways has asked the authorities to look into the specific reasons for substantial losses and initiate urgent steps to improve their functioning without imposing additional financial burden on travelling public.

CAG refuses to share Rafale audit details, cites breach of Parliament

CAG refuses to share Rafale audit details, cites breach of Parliament

Rediff.com15 Jan 2019

The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament, the CAG said.

WFI rejects wrestlers' allegations; claims protest is motivated

WFI rejects wrestlers' allegations; claims protest is motivated

Rediff.com21 Jan 2023

The Wrestling Federation of India (WFI) has rejected all the allegations, including that of sexual harassment against its president Brij Bhushan Sharan Singh.

SC rues delay by speakers, hopes decision soon in Mukul Roy case

SC rues delay by speakers, hopes decision soon in Mukul Roy case

Rediff.com22 Nov 2021

The Supreme Court Monday rued the 'general practice' of speakers delaying decisions on pleas seeking disqualification of lawmakers and the subsequent arguments that courts should 'stay away,' while hoping that the West Bengal assembly speaker would decide on such a plea against Mukul Roy who defected to the Trinamool Congress from the Bharatiya Janata Party after the state polls.

AAP gets Rs 163-cr recovery notice for political ads

AAP gets Rs 163-cr recovery notice for political ads

Rediff.com12 Jan 2023

The recovery notice issued by the Directorate of Information and Publicity (DIP) also includes the interest on the amount and makes it mandatory for the ruling party in Delhi to pay the whole amount within 10 days, the sources said.

SC order on CEC appointment: Rijiju says judges are for judicial work

SC order on CEC appointment: Rijiju says judges are for judicial work

Rediff.com18 Mar 2023

Law Minister Kiren Rijiju on Saturday invoked the constitutional 'Lakshman Rekha' guiding different institutions, including the executive and the judiciary, and wondered that if judges become part of administrative appointments, who would carry out judicial work.

'BJP was not fighting Congress or JD-S, but the very idea of Karnataka'

'BJP was not fighting Congress or JD-S, but the very idea of Karnataka'

Rediff.com16 May 2023

'By design or default, the BJP's election strategy militated against the very essence of Karnataka politics and the idea of Karnataka.'

Delhi L-G directs recovery of Rs 97cr spent on political ads from AAP

Delhi L-G directs recovery of Rs 97cr spent on political ads from AAP

Rediff.com20 Dec 2022

Delhi Lieutenant Governor V K Saxena has directed the chief secretary to recover Rs 97 crore from the Aam Aadmi Party for political advertisements it published in the guise of government advertisements, official sources said.

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Rediff.com8 Aug 2023

However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.

More capital for public sector banks? Hardly a solution

More capital for public sector banks? Hardly a solution

Rediff.com3 Aug 2015

Quarterly results of many of these banks show significant losses.