News for 'Public Accounts Committee'

#MeToo: COA seeks BCCI CEO's response on anonymous post

#MeToo: COA seeks BCCI CEO's response on anonymous post

Rediff.com13 Oct 2018

The allegations by an unnamed person, who claimed to be an ex-colleague of Johri at the Discovery Channel, were posted on Twitter by an author, Harnidh Kaur, who later stated that she did not want the charges published nor her name used in the context.

Women take over the reins to mark 'Women Farmers' Day'

Women take over the reins to mark 'Women Farmers' Day'

Rediff.com18 Jan 2021

A large number of women from various states reached the sites of protest against the Centre's three farm laws that has been going on for over 50 days now.

Jump in COVID cases, lockdowns add uncertainty to growth outlook: RBI's Das

Jump in COVID cases, lockdowns add uncertainty to growth outlook: RBI's Das

Rediff.com22 Apr 2021

The uncertainty created by the jump in COVID-19 infections and localised lockdowns prompted RBI Governor Shaktikanta Das and other members of the rating setting panel MPC to unanimously vote for status quo in interest rates and an accommodative policy stance to support growth, as per minutes of the meeting released on Thursday. "The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committee (MPC) which ended on April 7. The renewed jump in COVID-19 infections in several parts of the country and the associated localised and regional lockdowns add uncertainty to the growth outlook, he observed, as per the minutes of the meeting released by the central bank.

Govt may now cap prices of antibiotics

Govt may now cap prices of antibiotics

Rediff.com7 Oct 2019

The intention of the government is to cap prices of drugs that are essential and which the public widely uses.

RBI Guv pitches for continued policy support to revive growth

RBI Guv pitches for continued policy support to revive growth

Rediff.com20 Aug 2021

All members of the Monetary Policy Committee (MPC) -- Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das -- had unanimously voted to keep the policy repo rate unchanged at 4 per cent after the three-day meet of the panel earlier this month. Further, except Varma, other members voted to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. Varma expressed reservations on this part of the MPC resolution, according to the minutes.

Congress, BJP lock horns over PM's 'security breach'

Congress, BJP lock horns over PM's 'security breach'

Rediff.com5 Jan 2022

A political slugfest broke out on Wednesday between the Bharatiya Janata Party and the Congress after Prime Minister Narendra Modi's cavalcade, in a major security breach, got stranded on a flyover, 30 km away from Hussainiwala in Punjab, as a group of protesting farmers blocked his route.

What Budget has in store for regional rural banks

What Budget has in store for regional rural banks

Rediff.com27 Jan 2021

RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.

UK Parliament to consider debate on farmers' protests

UK Parliament to consider debate on farmers' protests

Rediff.com4 Feb 2021

British Parliament's Petitions Committee will consider a Westminster Hall debate in the House of Commons complex on the issue of farmers protests and press freedom in India after an online petition attracted over 106,000 signatures.

Corporatising OFBs: An idea whose time has come

Corporatising OFBs: An idea whose time has come

Rediff.com25 Aug 2020

'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.

What the new OTT/social/digital media policy says

What the new OTT/social/digital media policy says

Rediff.com25 Feb 2021

The salient features of the new OTT/social media policy announced by the Information Technology Minister Ravi Shankar Prasad and Information and Broadcasting Minister Prakash Javadekar on February 25, 2021.

Sonia Gandhi named interim Congress chief after marathon meet

Sonia Gandhi named interim Congress chief after marathon meet

Rediff.com11 Aug 2019

The Congress Working Committee finally accepted Rahul Gandhi's resignation during its second meeting of the day.

Prashant Kishor Doesn't Have A Magic Wand

Prashant Kishor Doesn't Have A Magic Wand

Rediff.com26 Apr 2022

Since when have elections become rocket science that you need to hire highly-priced specialists?And even if in the age of social media every party needs to present its best face, is Prashant Kishor the only one with such expertise, especially when his record is mixed with more losses than election wins to his credit? asks Virendra Kapoor.

After 12 years, RBI set to modify fit-and-proper norms for bank directors

After 12 years, RBI set to modify fit-and-proper norms for bank directors

Rediff.com30 Jul 2019

These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.

China's rising threat to India's exports

China's rising threat to India's exports

Rediff.com30 Jul 2018

Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.

Govt for panels to monitor FCI godowns

Govt for panels to monitor FCI godowns

Rediff.com30 Jun 2011

To ensure effective distribution and supply of foodgrains through rations shops, the food ministry has called for creating advisory committees of experts in places where godowns of Food Corporation of India (FCI) and other state agencies are located.

Airfare for 1-hour journeys may be capped at Rs 2,500

Airfare for 1-hour journeys may be capped at Rs 2,500

Rediff.com3 May 2016

The government also said it will hold consultations with the airlines to explore the possibility of curbing the menace of charging exorbitant airfares during emergency situations.

PMO sets up 10 panels to deal with post lockdown situation

PMO sets up 10 panels to deal with post lockdown situation

Rediff.com29 Mar 2020

The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.

BJP says Punjab cops stopped workers from reaching rally site

BJP says Punjab cops stopped workers from reaching rally site

Rediff.com6 Jan 2022

Punjab BJP chief Ashwani Sharma said a large number of buses and other vehicles carrying BJP workers and other people were prevented from reaching the rally site.

Ladakh Standoff: Govt, Opposition consensus essential

Ladakh Standoff: Govt, Opposition consensus essential

Rediff.com19 Jun 2020

'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.

SC to hear plea for full insurance of all bank deposits

SC to hear plea for full insurance of all bank deposits

Rediff.com16 Oct 2019

The plea, filed by Delhi-based Bejon Kumar Misra, said the Centre and RBI should be directed to ensure complete insulation and insurance of the hard-earned deposited money of people in various co-operative banks, including nationalised banks, by enacting an appropriate measure of 100 per cent insurance coverage towards the deposited amount.

Why reduce the bank CEO to a titular head!

Why reduce the bank CEO to a titular head!

Rediff.com4 Aug 2020

'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.

Congress may get prestigious PAC, hints Naidu

Congress may get prestigious PAC, hints Naidu

Rediff.com26 Jun 2014

The Congress may get chairmanship of the prestigious Public Accounts of Committee but still there is no guarantee whether it will get the post of Leader of the Opposition in the Lok Sabha.

How must govt use RBI's Rs 1.76 lakh crore

How must govt use RBI's Rs 1.76 lakh crore

Rediff.com30 Aug 2019

'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'

Health ministry ready to roll out COVID-19 vaccine in around a week

Health ministry ready to roll out COVID-19 vaccine in around a week

Rediff.com5 Jan 2021

Addressing a press briefing, Union Health Secretary Rajesh Bhushan said healthcare workers and frontline workers need not register themselves as their database has been populated on to the Co-WIN vaccine delivery management system in a bulk manner.

ICAI to be part of global body

ICAI to be part of global body

Rediff.com2 Nov 2004

Make BCCI fully transparent in all its functions: CIC tells COA

Make BCCI fully transparent in all its functions: CIC tells COA

Rediff.com10 Jun 2017

The Central Information Commission (CIC) on Friday urged the Supreme Court-appointed Committee of Administrators running the Board of Control for Cricket in India to 'immediately initiate efforts' to look into the issues raised by historian Ramachandra Guha in his resignation letter.

What will the new RBI guv focus on Dec 14 meet?

What will the new RBI guv focus on Dec 14 meet?

Rediff.com13 Dec 2018

The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.

Tokyo 2020 bans booze, high-fives and autograph hunting for fans

Tokyo 2020 bans booze, high-fives and autograph hunting for fans

Rediff.com23 Jun 2021

Alcohol sales have been restricted in and around Tokyo after health officials warned drinking would encourage close contact, loud speaking and mingling in bars that could help spread the virus.

Uthra murder: Husband given double life term for killing wife using cobra

Uthra murder: Husband given double life term for killing wife using cobra

Rediff.com13 Oct 2021

A sessions court in Kerala on Wednesday awarded double life sentence in the Uthra murder case to the victim's husband for killing his wife using a cobra, saying the crime was 'definitely diabolic, cruel, heinous and dastardly' and committed with 'unparalleled wickedness.'

Why companies are chary of independent directors

Why companies are chary of independent directors

Rediff.com18 Jan 2019

As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.

Why PSBs put Rs 1-trn bad loans on sale

Why PSBs put Rs 1-trn bad loans on sale

Rediff.com24 Jan 2019

Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.

Ask schools to refund excess fee: HC to Delhi govt

Ask schools to refund excess fee: HC to Delhi govt

Rediff.com24 Jan 2014

The Delhi high court on Friday directed the city government to bring into effect the recommendations of a panel suggesting over 200 private unaided schools to return excess fees to parents with interest.

BCCI CEO Johri accused of sexual harassment

BCCI CEO Johri accused of sexual harassment

Rediff.com13 Oct 2018

The Committee of Administrator on Saturday sought an explanation from Board of Control for Cricket in India's CEO Rahul Johri after an anonymous account of alleged sexual harassment by him was shared on social media as part of the ongoing #metoo movement.

NPA policy: Stressed assets may be put on the block

NPA policy: Stressed assets may be put on the block

Rediff.com5 May 2017

The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

Why Ind-WI ODI shifted away from Wankhede, asks MCA

Why Ind-WI ODI shifted away from Wankhede, asks MCA

Rediff.com13 Oct 2018

Miffed MCA asks CoA for reasons for moving ODI to CCI

Tharoor: 'Scindia's shallowness and hollowness of convictions'

Tharoor: 'Scindia's shallowness and hollowness of convictions'

Rediff.com11 Mar 2020

'Scindia's willingness to consort with the BJP, a party he has rightly, and eloquently, excoriated in various speeches and statements in the recent past suggest a shallowness and hollowness of convictions and principles.'

BJP's pro-OBC agenda comes up against caste census demand

BJP's pro-OBC agenda comes up against caste census demand

Rediff.com30 Aug 2021

A BJP source admitted that a census will inevitably reconfirm the numerical majority of the OBCs. 'That will overturn social equations and consign the upper castes to a twilight zone of marginalisation. The RSS won't accept it.' Radhika Ramaseshan reports.

Disclose ministers' travel expenses proactively: CIC panel to Govt

Disclose ministers' travel expenses proactively: CIC panel to Govt

Rediff.com24 May 2015

The Prime Minister's Office not disclosing information about expenses incurred on foreign visits of the Prime Minister nothwithstanding, a Central Information Commission-constituted panel has recommended not only putting out such details proactively by all ministries but regular updating as well.

Loan restructuring: 'Whoever needs relief should get it'

Loan restructuring: 'Whoever needs relief should get it'

Rediff.com25 Aug 2020

'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'