News for 'Public Accounts Committee'

Vasundhara Raje Stares At Bleak Political Future

Vasundhara Raje Stares At Bleak Political Future

Rediff.com15 Sep 2023

Through gestures and decisions, the BJP high command has signalled that Raje may not be the lead actor but rather play a supporting role in a high-stakes election in its stamping ground.

NPAs under Mudra scheme rise to 5% for public sector banks

NPAs under Mudra scheme rise to 5% for public sector banks

Rediff.com24 Sep 2020

Former RBI governors Urjit Patel and Raghuram Rajan have also expressed worry about the Mudra scheme, particularly government's target-setting practice and the rising bad loans.

Rail tragedy: Cong alleges govt ignored CAG warning

Rail tragedy: Cong alleges govt ignored CAG warning

Rediff.com4 Jun 2023

The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.

IIM amendment bill proposing powers to Prez triggers autonomy debate

IIM amendment bill proposing powers to Prez triggers autonomy debate

Rediff.com30 Jul 2023

The bill to amend the IIM Act of 2017 was introduced in the Lok Sabha last Friday amid disruptions by opposition members over the Manipur violence issue.

FinMin disagrees with PAC's views on interest on tax refund

FinMin disagrees with PAC's views on interest on tax refund

Rediff.com8 Feb 2014

The Finance Ministry said it has followed standard practice and has not violated any Constitutional provision by not showing interest on tax refund as separate expenditure in the Budget.

Diwali firecrackers only from 7-10 pm in Mumbai: HC

Diwali firecrackers only from 7-10 pm in Mumbai: HC

Rediff.com7 Nov 2023

A division bench of Chief Justice D K Upadhyaya and Justice G S Kulkarni said while it was not going to order a ban on bursting of firecrackers, a balance needs to be struck considering the deteriorating air quality index (AQI) in the metropolis.

Parliament breach: 6th accused held, had destroyed evidence

Parliament breach: 6th accused held, had destroyed evidence

Rediff.com16 Dec 2023

A sixth arrest has been made in the Parliament security breach case -- Mahesh Kumawat from Rajasthan's Nagaur who was allegedly in contact with the other accused for the last two years for hatching the conspiracy and had destroyed their mobile phones to get rid of the evidence, police said on Saturday.

Inspired by Rahul Gandhi, Mahua left job in US and returned

Inspired by Rahul Gandhi, Mahua left job in US and returned

Rediff.com9 Dec 2023

The 14-year political journey of Trinamool Congress leader Mahua Moitra has encountered both upheaval and elevation, as her expulsion from Parliament in a cash-for-query case marked the culmination of her tumultuous parliamentary term.

'BJP will have no effect. Not even an iota'

'BJP will have no effect. Not even an iota'

Rediff.com18 Apr 2024

'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'

'Perform or make way for others': Kharge's stern message at Cong meet

'Perform or make way for others': Kharge's stern message at Cong meet

Rediff.com4 Dec 2022

Kharge said that while there are very responsible people in the party who were doing their duty, some people had assumed that lack of responsibility will be ignored.

Cong skipped meet to pick new CIC as he's Dalit: Modi

Cong skipped meet to pick new CIC as he's Dalit: Modi

Rediff.com7 Nov 2023

Prime Minister Narendra Modi on Tuesday attacked the Congress, saying it skipped the meeting convened to select the new Chief Information Commissioner (CIC) as he is a Dalit and this reflected the anti-Scheduled Castes mindset of the main opposition party.

Truth in the AI era

Truth in the AI era

Rediff.com19 Mar 2024

Can legislation enable this, asks Ajit Balakrishnan.

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.

AAP bags Delhi mayor, dy mayor posts; goons have lost, says Kejriwal

AAP bags Delhi mayor, dy mayor posts; goons have lost, says Kejriwal

Rediff.com22 Feb 2023

Aam Aadmi Party's Shelly Oberoi defeated the Bharatiya Janata Party's Rekha Gupta by a margin of 34 votes to become the mayor of Delhi, MCD officials announced on Wednesday.

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.

Centre protecting Adani as BJP gets poll funding: Cong

Centre protecting Adani as BJP gets poll funding: Cong

Rediff.com14 Mar 2023

Chief Minister Bhupesh Baghel asked why the prime minister and Centre were scared of ordering a probe into the fraud committed by the Adani Group.

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Rediff.com7 Sep 2023

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.

The Curious Case of Sunil Mondal, MP

The Curious Case of Sunil Mondal, MP

Rediff.com9 Aug 2021

The MP from East Burdwan, who defected to the BJP last December, has been put on 'probation' by the TMC, which he wants to rejoin.

PSB reforms only on paper; 10 don't even have chairman

PSB reforms only on paper; 10 don't even have chairman

Rediff.com10 Aug 2021

The talk of governance reforms at public-sector banks seems to remain on paper, as a majority of them continue to be working with just a handful board members. Half of the board seat at these banks have been vacant. Ten of the 12 public-sector banks, even large ones like Punjab National Bank, Canara Bank and Union Bank of India - all except State Bank of India (SBI) and Bank of Baroda - don't even have a chairman. In 2014, while splitting the post of chairman & managing director (CMD), the government had decided to appoint non-executive chairmen at these banks. SBI, which has an executive chairman and four managing directors, was an exception.

Pak unblocks Wikipedia after site stands firm on blasphemous content

Pak unblocks Wikipedia after site stands firm on blasphemous content

Rediff.com7 Feb 2023

Pakistan Prime Minister Shehbaz Sharif has ordered authorities to unblock Wikipedia "with immediate effect", days after the country's telecommunications watchdog banned the online encyclopedia for its failure to remove offensive and blasphemous content.

Lawful surveillance data destroyed every 6 months, govt tells HC

Lawful surveillance data destroyed every 6 months, govt tells HC

Rediff.com13 Sep 2023

The matter came up before Justice Subramonium Prasad who listed it for hearing on October 16.

Manipur: Political Will, Legal Process Need Of Hour

Manipur: Political Will, Legal Process Need Of Hour

Rediff.com15 Sep 2023

No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.

RBI Rules Make It Difficult To Attract Talent

RBI Rules Make It Difficult To Attract Talent

Rediff.com5 Jun 2023

A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.

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.

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.

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Rediff.com31 Aug 2023

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

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.

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.

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.

Top 500 ranking, no online class: Rules for foreign universities in India

Top 500 ranking, no online class: Rules for foreign universities in India

Rediff.com8 Nov 2023

The guidelines have been prepared in line with the National Education Policy (NEP) 2020 that has envisioned that top universities in the world will be facilitated to operate in India.

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.

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.

What does govt have to do with Adani issue, asks BJP

What does govt have to do with Adani issue, asks BJP

Rediff.com3 Feb 2023

The SEBI and the RBI will look into it. Let their reports come in, BJP MP Mahesh Jethmalani said.

Ladakh groups to intensify stir to press for statehood

Ladakh groups to intensify stir to press for statehood

Rediff.com16 Feb 2023

Environmental activist and educator Sonam Wangchuk said democracy has been compromised in Ladakh and the local people have no say in decision-making.

Assembly Polls: What Google, Meta Are Up To

Assembly Polls: What Google, Meta Are Up To

Rediff.com6 Nov 2023

'There is a huge risk of misinformation and disinformation, and targeted campaigns that could potentially happen against candidates or to push certain narratives.'

Manipur unrest: BJP MLA moves SC against HC order on ST status to Meiteis

Manipur unrest: BJP MLA moves SC against HC order on ST status to Meiteis

Rediff.com7 May 2023

Gangmei in his appeal said the HAC "was a necessary and proper party and the proceedings before the high court were vitiated on account of not making the HAC a party".

Curfew, mobile internet snapped in Manipur over violence during tribal stir

Curfew, mobile internet snapped in Manipur over violence during tribal stir

Rediff.com3 May 2023

Thousands of agitators took part in the rally, during which violence between tribals and non-tribals was reported in Torbung area, a senior police officer said.

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.

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.

Did RBI Know About Demonetization?

Did RBI Know About Demonetization?

Rediff.com1 Jun 2023

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.