News for 'Public Accounts Committee'

SC verdict will impact all sports bodies: Mudgal

SC verdict will impact all sports bodies: Mudgal

Rediff.com22 Jan 2015

Welcoming the Supreme Court verdict barring N Srinivasan from contesting any BCCI election on grounds of conflict of interest, head of IPL-6 spot-fixing and betting probe committee Justice Mukul Mudgal said that it will have far reaching ramifications as it will also impact on all sports bodies.

4 ways Nirmalaji's Budget is different

4 ways Nirmalaji's Budget is different

Rediff.com6 Mar 2021

But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.

'Vigilant for every inch of land': Amit Shah on Ladakh row

'Vigilant for every inch of land': Amit Shah on Ladakh row

Rediff.com18 Oct 2020

The home minister also said that the government is committed to protecting the sovereignty and security of the country.

AFSPA: 'A symbol of oppression, an object of hate'

AFSPA: 'A symbol of oppression, an object of hate'

Rediff.com10 Dec 2021

The Supreme Court found enough grounds to order a CBI probe into 1,528 extra-judicial killings in Manipur between 2000 and 2012.

India set to introduce Sports Fraud Bill to curb corruption

India set to introduce Sports Fraud Bill to curb corruption

Rediff.com30 Jul 2015

The spot-fixing and betting scandal in the Indian Premier League has prompted the government to push for introduction of Sports Fraud Bill in the Parliament in the ongoing monsoon session, Sports Minister Sarbananda Sonowal said on Thursday.

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Rediff.com17 Mar 2022

Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.

PSU banks write off over Rs 1.06 lakh cr in last 5 years

PSU banks write off over Rs 1.06 lakh cr in last 5 years

Rediff.com23 Dec 2014

Public banks may have a tough time in 2015 as they had to write off Rs 1 trillion.

Ministry permits video conferencing board meets till June 30

Ministry permits video conferencing board meets till June 30

Rediff.com21 Mar 2020

Companies will have to follow all requirements laid out under rules for holding board meetings via video conferencing such as recording of these proceedings, ensuring availability of proper equipment among others.

Fitch sees RBI holding interest rates through FY22

Fitch sees RBI holding interest rates through FY22

Rediff.com9 Apr 2021

Fitch Solutions sees RBI keeping benchmark interest rates unchanged during the fiscal to March 2022 following its decision to buy Rs 1 lakh crore of government bonds. "We had initially expected another policy rate cut to arrest the rise in government bond yields since the Union Budget announcement in February. "However, having an explicit bond purchase guidance from the RBI following the announcement of the G-SAP will also achieve a similar effect, if not even be more effective than a rate cut on capping the increase in bond yields," it said in a note. The Reserve Bank of India (RBI) held its policy repurchase (repo) rate unchanged at 4 per cent at its monetary policy meeting on April 7.

TN brings back Covid curbs as cases rise

TN brings back Covid curbs as cases rise

Rediff.com8 Apr 2021

As fresh Covid-19 cases continued to increase, the Tamil Nadu government on Thursday announced reintroduction of curbs like permission only for 50 per cent seating capacity in cinemas and ban on select activities effective April 10, to help prevent the spread of the virus.

RBI may get bigger role to clean up NPA mess

RBI may get bigger role to clean up NPA mess

Rediff.com27 Mar 2017

Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.

Assam NRC data goes offline; it's safe, says MHA

Assam NRC data goes offline; it's safe, says MHA

Rediff.com13 Feb 2020

The data was not available for a couple of days and it created panic in the public, mostly among the people excluded from the list as the rejection certificates were yet to be issued.

Narendra Modi is not Donald Trump

Narendra Modi is not Donald Trump

Rediff.com21 Jan 2021

The danger to India's democracy is coming from recourse to mobocracy encouraged by the anti-Modi gang, argues Vivek Gumaste.

Cong sources say Rahul to continue till new chief appointed

Cong sources say Rahul to continue till new chief appointed

Rediff.com3 Jul 2019

Congress sources also said speculation that Motilal Vora would be appointed as interim party president are incorrect.

Defence ministry report ignores Ladakh stand-off

Defence ministry report ignores Ladakh stand-off

Rediff.com14 Jan 2022

The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.

Maha polls: Maximum City gives minimum seats to Cong

Maha polls: Maximum City gives minimum seats to Cong

Rediff.com24 Oct 2019

In 2014, the Congress had won five seats in Mumbai, which has 36 assembly segments.

How home loan borrowers stand to gain from this RBI move

How home loan borrowers stand to gain from this RBI move

Rediff.com15 Dec 2018

Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

Faulty hip implants: Centre to ask J&J to compensate victims

Faulty hip implants: Centre to ask J&J to compensate victims

Rediff.com30 Aug 2018

Once the patients are identified, the government will decide on the quantum of compensation in each case and then approach J&J for claim settlement.

US On Diplomacy Road With Taliban?

US On Diplomacy Road With Taliban?

Rediff.com29 Sep 2021

There is growing acceptance of the idea in the international community that engaging the Taliban government is a far better approach than ostracising it, observes Ambassador M K Bhadrakumar.

One mn bank staff to go on strike on August 22

One mn bank staff to go on strike on August 22

Rediff.com8 Aug 2017

The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default

RBI urged to provide names of big loan defaulters

RBI urged to provide names of big loan defaulters

Rediff.com27 May 2019

The CIC's directive came while deciding on a plea by Lucknow-based activist Nutan Thakur, who had based her RTI application on some media reports that RBI deputy governor Viral Acharya in a lecture in 2017 had said accounts of some loan defaulters have been sent to banks for resolution.

Govt scraps consumer expenditure survey over 'data quality'

Govt scraps consumer expenditure survey over 'data quality'

Rediff.com16 Nov 2019

The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18. The government has, however, termed it a "draft" report, reports Somesh Jha.

Why is RBI allergic to 55-year-old bankers?

Why is RBI allergic to 55-year-old bankers?

Rediff.com6 Oct 2020

Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.

CIA apologises for spying on US senators

CIA apologises for spying on US senators

Rediff.com1 Aug 2014

The chief of the Central Intelligence Agency on Friday apologised for the United States' spy agency's surveillance of computers used by lawmakers and their staffers involved in investigating the organisation's harsh interrogation techniques.

US expands investigations against offshore tax evasion

US expands investigations against offshore tax evasion

Rediff.com27 Feb 2014

Since 2009, the Department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial.

Should we scrap quarterly job surveys?

Should we scrap quarterly job surveys?

Rediff.com16 Jan 2019

A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.

LCH: Lessons For Indian Defence

LCH: Lessons For Indian Defence

Rediff.com15 Dec 2021

It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.

Delhi polls: Here's what BJP manifesto promises

Delhi polls: Here's what BJP manifesto promises

Rediff.com31 Jan 2020

Delhi BJP chief Tiwari said each poor family will be provided good quality, subsidised 'atta' (wheat flour) at a rate of Rs 2 per kilogram. The BJP will bring an ambitious 'Samridh Delhi Infrastructure Scheme', with a provision of Rs 10,000 crore, to ensure "focussed and priority" development of roads, flyovers, foot over-bridges and other key infrastructure projects, the manifesto stated. The manifesto promises to set up a 'Colonies Development Board' for undertaking development of various civic amenities.

PSBs get more teeth to checkmate defaulters

PSBs get more teeth to checkmate defaulters

Rediff.com23 Nov 2018

The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.

Opposition parties not invited to all-party meet slam govt

Opposition parties not invited to all-party meet slam govt

Rediff.com19 Jun 2020

The Lalu Prasad-led Rashtriya Janata Dal MPs, including his daughter Misa Bharti and Manoj Jha, also staged a protest at Mahatma Gandhi's statue inside the Parliament complex and contended that despite being the chief opposition party in Bihar and the single largest party in the Assembly, it was not invited.

Will Farmers Defeat BJP?

Will Farmers Defeat BJP?

Rediff.com21 Sep 2021

Extended rounds of negotiations having failed, farm leaders now reckon that their best chance to pressure the government lay in defeating the BJP in the coming assembly poll, particularly in UP, observes Virendra Kapoor.

'We can go up to 1 crore vaccinations a day'

'We can go up to 1 crore vaccinations a day'

Rediff.com31 Mar 2021

'Ultimately, we have to understand that we don't have the supply at the population scale. 'Therefore, it has to be prioritised.' 'That's what the government has done.'

The E-Comm Debate In India

The E-Comm Debate In India

Rediff.com19 Oct 2021

Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Rediff.com23 Feb 2019

A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.

Stalin Prepares For Battle Of 2024

Stalin Prepares For Battle Of 2024

Rediff.com6 May 2022

The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.

Farmers stir has changed politics and policy-making

Farmers stir has changed politics and policy-making

Rediff.com4 Dec 2021

The Centre's retreat from the farm laws is likely to have a significant bearing on the fate of laws that the Centre has made, for instance, in labour and electricity, predicts A K Bhattacharya.

Sushma Swaraj is no pushover

Sushma Swaraj is no pushover

Rediff.com20 Jun 2015

Bharatiya Janata Party leader Sushma Swaraj is a fighter who follows her own code. Those who think she's a pushover are making a mistake, says Aditi Phadnis

Barcelona announce board changes after resignations

Barcelona announce board changes after resignations

Rediff.com14 Apr 2020

The departing directors had criticised the club's handling of a social media scandal and expressed doubts about the board's ability to handle the implications of the COVID-19 pandemic, which has led to a 70% players' pay cut.

MSMEs get early Diwali, GST refund in 30 days

MSMEs get early Diwali, GST refund in 30 days

Rediff.com23 Aug 2019

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities.