The PAC, headed by Congress lawmaker K V Thomas, is keen to find out the details of huge loans given by the banks to corporates including the basis on which such favours were extended.
Shambhavi has been at the forefront of protests demanding the resignation of new principal Poonam Kumria, days after several female students were allegedly harassed by unidentified men during a fest at the college.
Elevated food price-led inflation could become a sore point for markets, which they seem to be ignoring at current levels, observe analysts. Retail inflation in India - as measured by the Consumer Price Index (CPI) - came in at a three-month high of 6.52 per cent in January 2023, compared with 5.72 per cent in December and 5.88 per cent in November 2022. The inflation print for February, according to Madan Sabnavis, chief economist at Bank of Baroda, will be critical for the Reserve Bank of India's monetary policy committee.
Running a fractious House full of members every bit as well versed in parliamentary law as the chair, has, in the past, reduced several Rajya Sabha chairmen to tears.
In a tough action, the Government on Thursday barred Greenpeace India from receiving foreign funds with immediate effect by suspending its licence for six months and froze all its accounts, alleging it has "prejudicially" affected the country's public and economic interests.
The Congress, by and large, focused on local issues in this election and its campaign also was run by state leaders initially.
Let's wait for the monetary policy on February 8 -- to see how it complements the fiscal commitments, points out Tamal Bandyopadhyay.
Proceedings in both Lok Sabha and Rajya Sabha were disrupted as Opposition members raised slogans demanding a discussion and a Joint Parliamentary Committee (JPC) probe into the fraud-allegation-triggered rout.
The court in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs 3.13 crore from the Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar.
The trio said the top court had relied upon 'patently incorrect' claims made by the government in an unsigned note given in a sealed cover in the court.
MPs asked if the platforms have the right to take down or suspend accounts.
The delegation demanded that those responsible for the act should be brought to book as the issue was serious.
The Rajya Sabha on Wednesday approved the bill giving primacy to Delhi's Lieutenant Governor (L-G) over the elected government after high drama in the House that saw uproar by the opposition and a walkout by MPs of parties like the BJD, SP, Congress and the YSRC.
Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.
India's expectation of Twitter complying with the country's rules for social media platforms will not change with its takeover by Elon Musk, according to a senior minister.
The Philippines' foreign ministry confirmed in a statement that one of its nationals had died while working at a resort south of the capital Doha. It said its embassy was "working with legal authorities to ascertain more details of his passing".
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
Main opposition Bharatiya Janata Party on Monday once again targeted Prime Minister Manmohan Singh in Rajya Sabha on missing files pertaining to coal mines allocation saying the scam is "monumental" and demanded that he clarify on it.
It is sad that the legislative pre-consultation on such an important bill is being done in a very biased manner, notes Shailesh Gandhi, former Central Information Commissioner, recounting his experience with Minister Rajeev Chandrashekhar.
Prashant Kishor, the man who led Narendra Modi and Nitish Kumar to victory, has his task cut out for him as he tries to secure victory for the Congress in Punjab and Uttar Pradesh
Banks have raised concerns over the new international trade settlement in rupee, fearing that facilitation of such a mechanism could result in them facing the ire of economic sanctions by the West, people aware of the matter said. Large banks with overseas operations have sought clarity and assurance from the Reserve Bank of India (RBI) that they will not be targeted with sanctions for facilitating rupee trade with a sanction-hit country such as Russia. The present payment mechanism is a shift from earlier such arrangements, like the one with sanction-hit Iran, which involved banks facilitating settlement of international trade that did not have business in the sanctioned nation.
Special Judge M K Nagpal fixed May 12 for consideration of the charge sheet after the CBI submitted that the prosecution sanction against Sisodia has already been procured from the competent authorities.
The court fixed the matter for July 28 for order on cognisance.
The award-winning journalist was killed in July last while covering clashes between Afghan troops and the Taliban in Spin Boldak district of Kandahar city.
The Hyderabad Heist is a blow-by-blow account of an audacious theft committed in 2018, and a recounting of how the Hyderabad Police combined technology and human intelligence to crack the case.
In an interview to ANI, Union Home Minister Rajnath Singh spoke on various issues, including the Balakot air strikes to the status of Kashmir to the party's manifesto.
The UGC chairperson stressed that foreign varsities with campuses in the country can only offer full-time programmes in physical mode and not online or distance learning.
A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.
A bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha took note of the plea of social activist Jaya Thakur, a Madhya Pradesh-based doctor, and issued notices to the central government and all the states and UTs.
Implementation of the reforms through a special purpose vehicle is a way to seek greater accountability.
The government has reconstituted a high level committee for the disposal of enemy properties that have been left behind by those who migrated and took up citizenship of Pakistan and China.
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
'There should be total transparency in the system.'
US e-commerce giant Amazon has written to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its audit committee, providing data and alleging that there have been significant financial irregularities to the prejudice of public shareholders, banks, creditors, and third-party suppliers. Amazon has said this warrants a thorough and independent examination of all relevant facts and related-party transactions, including of past financial years, by an independent agency. Separately, Amazon has written to Securities and Exchange Board of India Chairman Ajay Tyagi, seeking the withdrawal of the regulator's conditional approval granted to FRL related to the merger deal between the Future group and Reliance.
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company. It has also put the company under protection of moratorium and directed the suspended board of directors to assist the IRP to run the company during insolvency proceedings.
Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines, a view the Congress party had voiced in the past after huge notional losses were projected in reports on 2G and coal allocation scams.
I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
Among those killed were eight from TMC, and one worker each of the BJP, the CPI-M, the Congress and the ISF.
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