News for 'Public Accounts Committee'

'Never imagined I'll fight polls from area of scam-hit people'

'Never imagined I'll fight polls from area of scam-hit people'

Rediff.com22 Mar 2014

Senior Bharatiya Janata Party leader Murli Manohar Joshi, shifted to Kanpur Lok Sabha seat from Varanasi to accommodate Narendra Modi, on Friday made a veiled attack on sitting Congress MP and Coal Minister Sriprakash Jaiswal, saying he never imagined that one day he would have to fight elections from "constituency of people whose names cropped up in coal gate scam."

How We Can Have A Credible NIRF Ranking

How We Can Have A Credible NIRF Ranking

Rediff.com6 Apr 2023

Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.

NEET row: NTA DG shunted out; Centre orders CBI probe

NEET row: NTA DG shunted out; Centre orders CBI probe

Rediff.com23 Jun 2024

The Centre on Saturday night announced that the probe into alleged irregularities in the medical entrance exam NEET will be handed over to the CBI for a comprehensive investigation.

Can public sectors banks clean up the rot within?

Can public sectors banks clean up the rot within?

Rediff.com20 Aug 2014

The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.

What questions did PAC ask on note ban?

What questions did PAC ask on note ban?

Rediff.com9 Jan 2017

'The committee has all the right to call anybody involved in the matter. But that will depend on the outcome of the January 20 meeting. We can call the PM on demonetisation if the members unanimously decide so.'

Modi's Edifice Complex

Modi's Edifice Complex

Rediff.com18 Apr 2024

To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.

PSU banks account for over 90% of total bad loans in FY'14

PSU banks account for over 90% of total bad loans in FY'14

Rediff.com26 Nov 2014

Gross NPAs of public and private sector banks stood at Rs 2.41 lakh crore and 26,571 crore respectively.

'No government ever stooped so low'

'No government ever stooped so low'

Rediff.com30 Oct 2023

'It is violation of the Model Code of Conduct.' 'It is a penal offence under the IPC to exert undue influence on voters.' 'Under the election law, it is a corrupt practice.'

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.

Do top execs of PSBs need a pay overhaul?

Do top execs of PSBs need a pay overhaul?

Rediff.com4 Jul 2023

In FY23, the State Bank of India (SBI) reported a 57.4 per cent jump in its net profit to Rs 55,684.17 crore. But the chairman of the country's largest bank, Dinesh Khara's annual pay for this creditable performance was just Rs 37 lakh (his peers at state-run banks are no better off). Look at his private bank rivals - most pocketed in excess of Rs 7 crore annually - plus stock options.

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.

Election 2024: The Big Fights In Kerala

Election 2024: The Big Fights In Kerala

Rediff.com1 Apr 2024

Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.

Cong promises caste survey, interest-free farm loan in Rajasthan manifesto

Cong promises caste survey, interest-free farm loan in Rajasthan manifesto

Rediff.com21 Nov 2023

The party also promised reservation to minorities on basis of their population after the caste census.

Sisodia manufactured opinion to back pre-conceived excise policy: CBI

Sisodia manufactured opinion to back pre-conceived excise policy: CBI

Rediff.com27 May 2023

Sisodia was unhappy with the recommendations, so he asked the then excise commissioner Rahul Singh to seek public opinion by placing the Dhawan Committee report on web site, the agency alleged in the chargesheet.

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Rediff.com16 Feb 2024

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

Review plea filed against SC verdict on same-sex marriage

Review plea filed against SC verdict on same-sex marriage

Rediff.com1 Nov 2023

The review plea by one of the petitioners Udit Sood has been filed with the apex court registry.

State must end sexual violence by mobs: SC on Manipur

State must end sexual violence by mobs: SC on Manipur

Rediff.com11 Aug 2023

Expressing anguish over the manner in which women were subjected to grave atrocities in Manipur, the Supreme Court has said that mobs use sexual violence to send a message of subordination to the other community and the state is bound to stop this.

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.

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.

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.

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.

Modi wins historic 3rd term, but BJP misses majority mark

Modi wins historic 3rd term, but BJP misses majority mark

Rediff.com5 Jun 2024

Prime Minister Narendra Modi was on Tuesday poised to form the government for a third consecutive term with the Bharatiya Janata Party-led National Democratic Alliance getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity.

'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.

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.

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.

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.

'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.'

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.

Truth in the AI era

Truth in the AI era

Rediff.com19 Mar 2024

Can legislation enable this, asks Ajit Balakrishnan.

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.

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.

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.

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.

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.

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.

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.