News for 'Public Accounts Committee'

'Mumbai will always be vulnerable'

'Mumbai will always be vulnerable'

Rediff.com6 Dec 2023

'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'

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.

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.

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

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.

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.

'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.'

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.

BCCI should restore public trust: Sports Minister

BCCI should restore public trust: Sports Minister

Rediff.com2 Aug 2013

With the Board of Control for Cricket in India's image taking a beating in the wake of Bombay High Court declaring its IPL spot-fixing probe "illegal and unconstitutional", Sports Minister Jitendra Singh advised the BCCI to work towards "restoring the trust" of the fans.

'India Inc can overcome hurdles in adopting new accounting standard'

'India Inc can overcome hurdles in adopting new accounting standard'

Rediff.com1 Sep 2015

From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.

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.

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.

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.

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.

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.

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.'

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.

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.

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".

Tokyo 2020 Olympics payments probe team established

Tokyo 2020 Olympics payments probe team established

Rediff.com25 May 2016

The Japanese Olympic Committee on Wednesday established a team to investigate whether any illegal payments were made during its successful bid for the Tokyo 2020 Olympics.

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.

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.

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.

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.

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.

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 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.

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.

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.

Adarsh scam: PAC slams defence ministry, Maharashtra govt

Adarsh scam: PAC slams defence ministry, Maharashtra govt

Rediff.com9 Dec 2013

A Parliamentary panel on Monday rapped the defence ministry and the Maharashtra government on the Adarsh Housing Society scam, saying there was "monumental failure" at all levels of governance with certain officials abusing their position.

'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.'

'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.' '

Adarsh a 'monumental failure' of governance: PAC

Adarsh a 'monumental failure' of governance: PAC

Rediff.com16 Oct 2013

A parliamentary panel has rapped the Defence ministry and the Maharashtra government for "monumental failure" at all levels of governance with certain officials abusing their position leading to the Adarsh Housing Society scam.

IOC president Bach urges Ukraine to drop Paris Olympics boycott threat

IOC president Bach urges Ukraine to drop Paris Olympics boycott threat

Rediff.com9 Feb 2023

Thomas Bach has called on Ukraine to drop threats of a boycott of the 2024 Olympics over the participation of Russian and Belarusian athletes.

Flood-prone states rapped for not enacting law on prevention

Flood-prone states rapped for not enacting law on prevention

Rediff.com22 Jul 2022

The standing committee on water resources, tabled in Lok Sabha, said only Manipur, Rajasthan and Uttarakhand and erstwhile state of Jammu & Kashmir had enacted legislation, though delineation and demarcation of flood plains are yet to be undertaken.

'Public sector banks fear being hounded by the 3Cs'

'Public sector banks fear being hounded by the 3Cs'

Rediff.com8 Dec 2017

'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'

11 Congress MPs write to LS speaker against BJP lawmakers for Rahul fake video

11 Congress MPs write to LS speaker against BJP lawmakers for Rahul fake video

Rediff.com8 Jul 2022

As many as 11 Lok Sabha MPs of the Congress have written to Speaker Om Birla against the "unethical conduct" of BJP parliamentarians Rajyavardhan Singh Rathore, Subrat Pathak and Bhola Singh of sharing a distorted and fake video of Rahul Gandhi that could pose a threat to the country's social fabric and demanded swift intervention.

Meira Kumar, a diplomat-turned-politician

Meira Kumar, a diplomat-turned-politician

Rediff.com22 Jun 2017

Daughter of former deputy PM late Jagjivan Ram, Kumar, 72, was also the first woman to occupy the high office of the LS speaker

Public holding norms: Sebi sent 191 reminders

Public holding norms: Sebi sent 191 reminders

Rediff.com5 Jun 2013

Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.