News for 'Public Accounts Committee'

NIA conducts search at DU Prof Hany Babu's house in Noida

NIA conducts search at DU Prof Hany Babu's house in Noida

Rediff.com2 Aug 2020

The case pertains to the organisation of Elgar Parishad in Pune on December 31, 2017 which promoted enmity between various caste groups and led to violence, resulting in the loss of life and property and statewide agitation in Maharashtra, an NIA spokesperson said.

CEOs get finmin shield over frauds by bank officials

CEOs get finmin shield over frauds by bank officials

Rediff.com28 Jan 2020

With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance in dealing with large value frauds committed by bank officials.

BEWARE! Fraud Journals On The Rise

BEWARE! Fraud Journals On The Rise

Rediff.com27 Nov 2021

Cloned journals have become more rampant in the post-pandemic world.

Videocon insolvency: Lenders make U-turn, want fresh bids

Videocon insolvency: Lenders make U-turn, want fresh bids

Rediff.com20 Sep 2021

After getting rapped for accepting Vedanta group's bid that would give just 5 per cent of their outstanding loans, lenders to Videocon Industries on Monday approached the insolvency appellate tribunal NCLAT seeking fresh bids for the debt-laden consumer durable firm. Billionaire Anil Agarwal's Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15 per cent of the admitted claims of Rs 64,838.63 crore of lenders. SBI, the leading lender of Videocon Industries, has approached the National Company Law Appellate Tribunal (NCLAT) requesting for a rebidding of the 13 companies of the debt-ridden group, on account of strong observations against Rs 2,962 crore takeover bid by Anil Agarwal's Twin Star Technologies.

Gas leak: NGT slaps interim penalty of Rs 50 cr on LG Polymers India

Gas leak: NGT slaps interim penalty of Rs 50 cr on LG Polymers India

Rediff.com8 May 2020

A bench, headed by NGT Chairperson Justice Adarsh Kumar Goel, set up a five-member Committee to probe Thursday's gas leak incident in the chemical factory, in which 11 people were killed and 1,000 exposed, and submit a report before May 18.

RBI against separate regulator for payments system; issues dissent note

RBI against separate regulator for payments system; issues dissent note

Rediff.com19 Oct 2018

The regulator said that it is vested within its purview to regulate the bank account for payment systems and the settlement systems are finally posted in the books of account of banks with the RBI to attain settlement finality.

Why PM Modi lost 1 lakh followers on Twitter

Why PM Modi lost 1 lakh followers on Twitter

Rediff.com11 Feb 2019

Apart from Modi and Gandhi, some other accounts that lost a significant number of followers in the November crackdown were those of Kiren Rijiju, minister of state for home affairs; Bhupender Yadav, national general secretary of the Bharatiya Janata Party, and Anurag Thakur, chairman of the Parliamentary Committee on IT. Neha Alawadhi reports.

New crypto Bill to be introduced after Cabinet nod: Sitharaman

New crypto Bill to be introduced after Cabinet nod: Sitharaman

Rediff.com30 Nov 2021

Finance Minister Nirmala Sitharaman on Tuesday said the government is working out a new Bill on cryptocurrency which will be placed in the ongoing session of Parliament after approval of the Union Cabinet. The ongoing winter session is scheduled to end on December 23. Replying to a series of questions in the Rajya Sabha, she said the new Bill takes into account the rapidly changing dimensions in virtual currency space, and incorporate features of the earlier Bill that could not be taken up.

Calcutta HC will monitor CBI, SIT probe into WB post-poll violence

Calcutta HC will monitor CBI, SIT probe into WB post-poll violence

Rediff.com19 Aug 2021

Observing that there are "definite and proved" allegations that complaints of the victims of violence in the aftermath of the West Bengal assembly polls were not even registered, the Calcutta high court on Thursday ordered a Central Bureau of Investigation probe into all alleged cases of heinous crimes like rape and murder, while accepting the recommendations of a National Human Rights Commission panel.

Is India back to being 'Third World'?

Is India back to being 'Third World'?

Rediff.com13 May 2021

A feature of 'Third World-ism' is lack of accountability. Whether and how the Modi government is held to account politically is a matter for the future, observes T N Ninan.

KG basin controversy: SC seeks response from Reliance

KG basin controversy: SC seeks response from Reliance

Rediff.com16 Jan 2015

The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.

Rajya Sabha loses 40 of 50 working hours during first 2 weeks

Rajya Sabha loses 40 of 50 working hours during first 2 weeks

Rediff.com31 Jul 2021

With disruptions continuing, the productivity of Rajya Sabha fell to 13.70 per cent during the second week of the ongoing monsoon session from 32.20 per cent during the first week, resulting in an overall productivity of 21.60 per cent for the first two weeks.

Prasad says social media platforms should follow Indian law

Prasad says social media platforms should follow Indian law

Rediff.com11 Feb 2021

A day after his ministry rebuked Twitter for not complying with its orders to take down inflammatory content, Information Technology Minister Ravi Shankar Prasad said social media platforms cannot give differential treatment while handling problems on Capitol Hill and the Red Fort.

FinMin asks states to vaccinate bank, insurance staff on priority

FinMin asks states to vaccinate bank, insurance staff on priority

Rediff.com14 May 2021

The finance ministry on Friday asked state governments to accord priority to employees of banks and insurance companies for Covid-19 vaccination, saying they are exposed to high risks during these difficult times.

JD-U's Harivansh likely NDA choice for RS Dy Chairman

JD-U's Harivansh likely NDA choice for RS Dy Chairman

Rediff.com6 Aug 2018

Rajya Sabha Chairman M Venkaiah Naidu announced in the House that the election will be held at 11 am on August 9.

Race for new Pak PM: Shehbaz files nomination; PTI to withdraw lawmakers

Race for new Pak PM: Shehbaz files nomination; PTI to withdraw lawmakers

Rediff.com10 Apr 2022

The move came hours after Khan was removed from office through a no-confidence vote held early Sunday morning, becoming the first premier in the country's history to be sent home after losing the trust of the House.

Karnataka withdraws night curfew order within 24 hrs

Karnataka withdraws night curfew order within 24 hrs

Rediff.com24 Dec 2020

The decision to impose night curfew for nine days from 11 pm to 5 am starting from Thursday was taken on Wednesday in line with the Centre's advice, amid concerns over a new COVID-19 variant spreading in the United Kingdom.

Ethical Code to keep doctor, drugmaker nexus at bay not mandatory yet

Ethical Code to keep doctor, drugmaker nexus at bay not mandatory yet

Rediff.com22 Aug 2022

'Gift-giving' - from free dinners and drug samples to promotional merchandise - seems to be driving drugmakers' marketing - a marketing prescription deeply entrenched in the industry. This is a well-oiled racket that sees pharmaceutical (pharma) companies 'gifting' doctors to push their respective drugs under the guise of marketing. But is there a cure in sight to end this unhealthy alliance? The recent controversy following the income-tax raids on Bengaluru-based drugmaker Micro Labs, makers of popular paracetamol brand Dolo-650, has brought this to the fore, again.

Who Benefits From Imran Khan Attack?

Who Benefits From Imran Khan Attack?

Rediff.com4 Nov 2022

The rather amateurish, even ham-handed, attack would lend some credence to a 'false flag' theory, of the PTI leadership staging this incident, to provide new impetus to a flagging agitation, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.

'A bad situation, but I don't despair'

'A bad situation, but I don't despair'

Rediff.com13 Jan 2022

'India is a founding and permanent member of this 'club of shame': Journalists are murdered on account of what they write or intend to write, but nobody is finally brought to justice in such cases.'

India Staring At Another Mandir-Masjid Conflict?

India Staring At Another Mandir-Masjid Conflict?

Rediff.com1 Jun 2022

'Why were they silent when over 128 temples and shrines including Shivlings were broken down at the time of the construction of the Kashi Vishwanath corridor?' a Varanasi resident asks Rashme Sehgal.

Will consider testifying in impeachment probe: Trump

Will consider testifying in impeachment probe: Trump

Rediff.com18 Nov 2019

Trump floated the possibility of him testifying before the Congress after House Speaker Nancy Pelosi suggested the president has every opportunity to testify himself.

Parl panel on IT to take up 'fake TRP' issue: Sources

Parl panel on IT to take up 'fake TRP' issue: Sources

Rediff.com10 Oct 2020

Congress MP and member of the panel Karti Chidambaram had requested Tharoor to take up the matter and call the officials of the Information and Broadcasting Ministry before the committee to seek clarification and remedial measures.

PM security breach: BJP wants Punjab home minister, DGP sacked

PM security breach: BJP wants Punjab home minister, DGP sacked

Rediff.com6 Jan 2022

Punjab Bharatiya Janata Party leaders met the governor in Chandigarh on Thursday, demanding the dismissal of the state's home minister Sukhjinder Singh Randhawa and the police chief over the security breach during the prime minister's visit to Punjab.

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.

How can you use such words for PM: HC to Umar Khalid

How can you use such words for PM: HC to Umar Khalid

Rediff.com20 May 2022

A bench of Justices Siddharth Mridul and Rajnish Bhatnagar was hearing Khalid's plea challenging a trial court's order which had on March 24 dismissed his bail application in the case.

The Election Festival Is Here!

The Election Festival Is Here!

Rediff.com18 Oct 2022

After the Gujarat and Himachal elections and the municipal polls in Mumbai and Delhi, Karnataka, Rajasthan, MP and Chhattisgarh will elect new assemblies next year leading up to the Lok Sabha election in April-May 2024, points out Virendra Kapoor.

Puberty not sole factor in transgender eligibility, says IOC

Puberty not sole factor in transgender eligibility, says IOC

Rediff.com29 Jul 2021

'When it comes to advantages and disadvantages there is more to learn, there is always more science.'

Coming Soon! RBI's CBDCs Revolution

Coming Soon! RBI's CBDCs Revolution

Rediff.com20 Aug 2021

If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.

Govt to infuse Rs 55,250 cr for strengthening banks

Govt to infuse Rs 55,250 cr for strengthening banks

Rediff.com30 Aug 2019

The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.

Jalan panel for review of economic capital framework in every 5 years

Jalan panel for review of economic capital framework in every 5 years

Rediff.com27 Aug 2019

It also recommended that the RBI accounting year (July-June) may be brought in sync with the fiscal year (April to March) from the financial year 2020-21 as it could reduce the need for interim dividend being paid by the central bank.

WTA threatens to pull out of tournaments in China over Peng

WTA threatens to pull out of tournaments in China over Peng

Rediff.com19 Nov 2021

An outcry over the whereabouts of Chinese tennis star Peng Shuai escalated on Friday as the Women's Tennis Association (WTA) said it was prepared to pull its tournaments out of China if they were not satisfied with the response to her sexual assault allegation.

The Importance of Smriti Irani

The Importance of Smriti Irani

Rediff.com19 Jul 2021

Being made a member of the Cabinet Committee on Political Affairs makes her an important player in BJP politics, observes Rashme Sehgal.

Bypolls: BJP trounces SP in strongholds, AAP loses in Punjab

Bypolls: BJP trounces SP in strongholds, AAP loses in Punjab

Rediff.com26 Jun 2022

Consolidating its position, the Bharatiya Janata Party wrested high-profile Rampur and Azamgarh Lok Sabha seats in Uttar Pradesh from the Samajwadi Party and won three assembly seats, including that of Chief Minister Manik Saha, in Tripura in by-election results announced on Sunday.

How Insolvency Process is being Gamed

How Insolvency Process is being Gamed

Rediff.com15 Jul 2021

The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.

HC to hear bail pleas of Umar Khalid, Sharjeel Imam together after SC sedition hearing

HC to hear bail pleas of Umar Khalid, Sharjeel Imam together after SC sedition hearing

Rediff.com29 Apr 2022

The court further observed that Imam, also a former JNU student, and Khalid were stated to be 'co-conspirators' in the case and it would thus hear both the two bail applications together.

Why Prashant Kishor Is Eyeing Bihar

Why Prashant Kishor Is Eyeing Bihar

Rediff.com21 May 2022

The JD-U, may be the BJP's partner for now. But it is a party at all only because of Nitish Kumar. The day Nitish Kumar exits, the JD-U will split into hundreds of pieces. Obviously, Prashant Kishor is setting himself up as the vessel that will collect all the pieces and put them together in some sort of political instrument, explains Aditi Phadnis.

11 govt banks don't have a chairman!

11 govt banks don't have a chairman!

Rediff.com14 Sep 2021

The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.

Is A Vaccine Booster Needed?

Is A Vaccine Booster Needed?

Rediff.com20 Dec 2021

'There is no emergency of a third wave that we are rushing for booster doses.'

Agusta case: Centre says PM didn't strike any deal with Italy

Agusta case: Centre says PM didn't strike any deal with Italy

Rediff.com29 Apr 2016

In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.