News for 'Public Accounts Committee'

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.'

Kunal Kamra seeks Rs 25L from IndiGo over flying ban

Kunal Kamra seeks Rs 25L from IndiGo over flying ban

Rediff.com1 Feb 2020

Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.

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.

'It is not easy to be a gatekeeper of financial stability'

'It is not easy to be a gatekeeper of financial stability'

Rediff.com19 Aug 2020

'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'

US state sues China on coronavirus handling

US state sues China on coronavirus handling

Rediff.com22 Apr 2020

'The Chinese government lied to the world about the danger and contagious nature of COVID-19, silenced whistleblowers, and did little to stop the spread of the disease'

We need a Sudarshan Chakra for PSB revival

We need a Sudarshan Chakra for PSB revival

Rediff.com27 Nov 2017

'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.

Rafale papers stolen, Centre tells SC; accuses The Hindu of contempt

Rafale papers stolen, Centre tells SC; accuses The Hindu of contempt

Rediff.com7 Mar 2019

The AG said the country needs the Rafale jet to defend itself 'from F-16 fighter planes that recently bombed us'.

FB removes Cong-linked pages; party says none official

FB removes Cong-linked pages; party says none official

Rediff.com1 Apr 2019

While accounts/pages linked to the Congress party appeared to be large in number, the following or reach of pro-BJP accounts was several times more.

At what rate did GDP grow under Manmohan Singh?

At what rate did GDP grow under Manmohan Singh?

Rediff.com28 Nov 2018

Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.

Mudra loans led to a 28% rise in jobs

Mudra loans led to a 28% rise in jobs

Rediff.com7 Nov 2019

After taking benefit of the scheme, jobs increased by around 11 mn in establishments that took loans.

1% GST in cash: FinMin clarifies on why it was necessary

1% GST in cash: FinMin clarifies on why it was necessary

Rediff.com28 Dec 2020

This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

The 5 wise men who will decide corporate loan recast

The 5 wise men who will decide corporate loan recast

Rediff.com31 Aug 2020

Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.

Data privacy: Tension between big technology firms and govt boils over

Data privacy: Tension between big technology firms and govt boils over

Rediff.com22 Mar 2021

There is a perception getting built inside the government that big technology companies -- a common term used for firms like Facebook, Google, Twitter, Amazon and the like - are becoming very powerful and present multiple threats to entire nations and their citizens today. The digital ecosystem is replete with CSAM (child sexual abuse material), fake news, drug trade, radicalisation, trolling among other social vices. Given the network effect that these platforms have, it is important to ensure that these platforms are not misused.

It's Congress vs Congress after Delhi poll debacle

It's Congress vs Congress after Delhi poll debacle

Rediff.com13 Feb 2020

A day after the party's rout in Delhi elections, the knives are out in the Congress with leaders blaming each other and raising questions on whether the party has outsourced the task of defeating the Bharatiya Janata Party to others.

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.

Time For RBI To Change Penalty Rules

Time For RBI To Change Penalty Rules

Rediff.com11 Nov 2021

Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.

'Opposition MPs have become agents of unrest'

'Opposition MPs have become agents of unrest'

Rediff.com23 Dec 2021

'Today, we being the majority pass a law and if the Opposition parties do not like it, they throw files at the Chair, and beat up women marshals.'

Transport strike in Delhi today; schools shut

Transport strike in Delhi today; schools shut

Rediff.com19 Sep 2019

The UFTA is an umbrella body representing 41 associations and unions of goods and passenger segments, including trucks, buses, autos, tempos, maxi-cabs and taxis plying in the Delhi-NCR region.

What You Must Know About Small Savings

What You Must Know About Small Savings

Rediff.com19 Apr 2021

'Decide on an asset allocation you are comfortable with and stick to it for the long term.'

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.

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.

Economy gaining traction with pick-up in manufacturing activity: RBI

Economy gaining traction with pick-up in manufacturing activity: RBI

Rediff.com17 Aug 2021

The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.

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.

'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.

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.

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.

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for 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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.