News for 'Public Accounts Committee'

Pujara, Rahane, Pandya downgraded in BCCI central contracts

Pujara, Rahane, Pandya downgraded in BCCI central contracts

Rediff.com2 Mar 2022

Controversial keeper-batter Wriddhiman Saha, who has been dropped from the Test team, will still earn Rs 1 crore in annual income after being demoted from group B to C.

COVID-19 situation 'especially serious' in these 5 cities: MHA

COVID-19 situation 'especially serious' in these 5 cities: MHA

Rediff.com24 Apr 2020

'The situation is especially serious in major hotspot districts or emerging hotspots like Ahmedabad and Surat (Gujarat), Thane (Maharashtra), Hyderabad (Telangana), and Chennai (Tamil Nadu),' the MHA statement said.

Former Jharkhand CM Madhu Koda convicted in coal scam case

Former Jharkhand CM Madhu Koda convicted in coal scam case

Rediff.com13 Dec 2017

Koda, Basu and two accused public servants conspired to favour VISUL in the coal block allocation, the agency alleged.

Lalu gets 3.5-yr jail, Rs 10 lakh fine in fodder scam case

Lalu gets 3.5-yr jail, Rs 10 lakh fine in fodder scam case

Rediff.com6 Jan 2018

RJD sources said that the party would appeal against the verdict.

'Treat your vote as weapon': Priyanka slams Modi govt on PM's home turf

'Treat your vote as weapon': Priyanka slams Modi govt on PM's home turf

Rediff.com13 Mar 2019

Priyanka said the Modi government did not fulfil its promises of providing jobs to crores of people in the country.

Lalu Prasad convicted in fodder scam case, sent to jail

Lalu Prasad convicted in fodder scam case, sent to jail

Rediff.com23 Dec 2017

The quantum of punishment will be announced on January 3, 2018.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

Sachin's first speech in Rajya Sabha drowned out by Congress members

Sachin's first speech in Rajya Sabha drowned out by Congress members

Rediff.com21 Dec 2017

Tendulkar was slated to initiate a short duration discussion on the right to play and the future of sports in India, which was disrupted by the protests that led Chairman M Venkaiah Naidu to adjourn the House for the day.

Why RBI wants govt to dilute stake in banks

Why RBI wants govt to dilute stake in banks

Rediff.com1 Apr 2014

The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.

e-Rupee: An Idea Whose Time Has Come?

e-Rupee: An Idea Whose Time Has Come?

Rediff.com24 Nov 2022

The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.

2020 US Presidential election to be most expensive in history

2020 US Presidential election to be most expensive in history

Rediff.com29 Oct 2020

The Center for Responsive Politics said that an 'extraordinary influx' of political donations in the final months -- driven by a Supreme Court battle and closely watched races for the White House and Senate -- pushed total spending in the election past the previously estimated 11 billion dollars figure.

Govt agrees to Air India employees' main demands

Govt agrees to Air India employees' main demands

Rediff.com25 Aug 2021

The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.

Under Jal Jeevan Mission, 5 cr houses got water connection: Modi

Under Jal Jeevan Mission, 5 cr houses got water connection: Modi

Rediff.com2 Oct 2021

Speaking after interacting with gram panchayats and pani samitis/village water and sanitation committees (VWSC) on the Jal Jeevan Mission, Modi said the mission is not just about bringing water to people but it is also a decentralisation movement that is village and women-driven.

How BJP rose in Goa with Christian help

How BJP rose in Goa with Christian help

Rediff.com10 Jan 2022

It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Rediff.com11 Mar 2016

The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.

Mamata says BJP more dangerous than Maoists

Mamata says BJP more dangerous than Maoists

Rediff.com19 Jan 2021

Claiming that the Trinamool Congress is not perturbed over desertions by some leaders, she said politics is a solemn ideology and philosophy and one cannot change these everyday like clothes.

How RBI's reserves can boost the economy

How RBI's reserves can boost the economy

Rediff.com28 Dec 2018

The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Rediff.com3 Sep 2020

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.

Lalit Modi Was Born To Take Risks

Lalit Modi Was Born To Take Risks

Rediff.com30 Jul 2022

The IPL, which was perhaps the biggest gamble of his life, turned out to be the biggest success story ever, making Lalit Modi a cult in the echelons of global sport.

Facebook's lobbying practices in India may be probed before election

Facebook's lobbying practices in India may be probed before election

Rediff.com5 Mar 2019

The parliamentary committee on IT has recently been in the news for asking global representatives of Twitter, Facebook, WhatsApp and Instagram to present their views on misuse of social media platforms and its impact on citizens.

Inside Tokyo's decision to delay the Olympics

Inside Tokyo's decision to delay the Olympics

Rediff.com27 Mar 2020

It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.

Even 10 years after Satyam, audit quality remains a concern

Even 10 years after Satyam, audit quality remains a concern

Rediff.com14 Jan 2019

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Inflation likely to be high in Q2: Das

Inflation likely to be high in Q2: Das

Rediff.com6 Aug 2020

Das said that global economic activity has remained fragile and the surge in COVID-19 cases has subdued early signs of revival.

FinMin sets up panel on unclaimed PPF, small savings deposits

FinMin sets up panel on unclaimed PPF, small savings deposits

Rediff.com3 Sep 2014

The Committee, which has been set up in pursuance of the announcement made by the Minister in his Budget speech, will also suggest whether the unclaimed deposit should come to government or be kept in a separate account.

ICAI red-flags auditor selection process at PSU banks

ICAI red-flags auditor selection process at PSU banks

Rediff.com5 Apr 2015

The current process for selecting auditors could compromise their "independence".

US Fed cuts interest rate to almost zero

US Fed cuts interest rate to almost zero

Rediff.com16 Mar 2020

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.

'BJP's wish of being the only party not possible'

'BJP's wish of being the only party not possible'

Rediff.com30 Aug 2022

'A one-party State is not possible in a diverse country like India.'

China top buyer of Indian steel under lockdown

China top buyer of Indian steel under lockdown

Rediff.com30 Jun 2020

In the first two months of the current fiscal, Indian exports of finished steel reportedly grew by almost 76 per cent on a YoY basis and China alone accounted for close to 60 per cent of the increase.

Bonanza for around 30 mn industrial workers

Bonanza for around 30 mn industrial workers

Rediff.com11 Mar 2020

The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees.

No plan to print currency notes to tide over crisis: Sitharaman

No plan to print currency notes to tide over crisis: Sitharaman

Rediff.com26 Jul 2021

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the finance minister said, "No Sir". Many economists and experts have suggested to the government to print more currency notes to tide over the difficult economic situation with a view to support the economy ravaged by the spread of COVID-19, and protect jobs.

Owaisi in UP: Should SP, BSP, Congress worry about Muslim votes?

Owaisi in UP: Should SP, BSP, Congress worry about Muslim votes?

Rediff.com26 Sep 2021

Asaduddin Owaisi's AIMIM, which is going to contest next year's Uttar Pradesh Assembly polls on the promise of creating leadership among Muslims, has created unease in the political parties that so far considered the members of the minority community as their core "vote bank".

India-born US judge will decide antitrust case against Google

India-born US judge will decide antitrust case against Google

Rediff.com22 Oct 2020

India-born US district judge Amit Mehta, an Obama appointee, has been assigned the justice department's crucial lawsuit against internet search giant Google.

RBI tightens fit-and-proper criteria for directors on PSB boards

RBI tightens fit-and-proper criteria for directors on PSB boards

Rediff.com5 Aug 2019

Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards

US-based firm prepares class-action suit against Infosys

US-based firm prepares class-action suit against Infosys

Rediff.com22 Oct 2019

In a statement, Rosen Law Firm said it is investigating potential securities claims on behalf of shareholders of Infosys resulting from allegations that the company may have issued materially misleading business information to the investing public.

CVC, CBI corruption complaints may be probed under Lokpal, says panel

CVC, CBI corruption complaints may be probed under Lokpal, says panel

Rediff.com7 Dec 2015

Citing overlapping of functions, a parliamentary committee on Monday recommended integrating Central Vigilance Commission and anti-corruption wing of the Central Bureau of Investigation to work directly under the command and control of Lokpal to deal with corruption cases.

Are hashtags really political ads?

Are hashtags really political ads?

Rediff.com10 Apr 2021

The Election Commission has done its homework pretty well on political hashtags, observes ad guru Sandeep Goyal.

Tax panel seeks major changes to reassessment rules

Tax panel seeks major changes to reassessment rules

Rediff.com20 Aug 2019

The I-T officer can go back up to six years to scrutinise the books of accounts of the assessees.

CBI needs a surgical strike

CBI needs a surgical strike

Rediff.com20 Nov 2018

'The downslide has been rapid leading up to the number one and number two of the organisation flinging against each other horrendous accusations of bribery and tampering with investigations for personal gain, and the latest petition to the Supreme Court by the joint director of the CBI, M K Sinha, opening a veritable Pandora's Box of repulsive skeletons,' notes B S Raghavan, the distinguished civil servant who witnessed the CBI's birth.