News for 'Public Accounts Committee'

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

SC reinstates Alok Verma as director but clips his wings

SC reinstates Alok Verma as director but clips his wings

Rediff.com8 Jan 2019

The apex court said that he won't be allowed to take any major policy decision till the high-powered committee considers the issue of "divestment of power and authority".

Will Modi's big ticket reforms help the banking sector?

Will Modi's big ticket reforms help the banking sector?

Rediff.com29 May 2018

Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.

A politician who means business

A politician who means business

Rediff.com5 Apr 2018

'She really doesn't care if she is called heartless.' 'For her, the job needs to be done. That's all that matters.'

Finance hub? Budget may snub Mumbai

Finance hub? Budget may snub Mumbai

Rediff.com20 Feb 2008

Many financial sector reforms suggested by the Percy Mistry Committee may not figure in Budget 2008-09.

How can it come out in the open: Justice Ganguly on girl's affidavit

How can it come out in the open: Justice Ganguly on girl's affidavit

Rediff.com16 Dec 2013

With Additional Solicitor General Indira Jaising making excerpts from the law intern's affidavit public, former Supreme Court judge A K Ganguly, accused of sexually harassing the intern, today questioned how could a confidential statement be made public.

Kamal Nath moves SC against EC removing him as 'star campaigner'

Kamal Nath moves SC against EC removing him as 'star campaigner'

Rediff.com31 Oct 2020

The poll panel on Friday took note of alleged breach of 'ethical and dignified behaviour' and revoked the 'star campaigner' status of the Congress leader. While the political party pays for the expenditure of a star campaigner, the candidate pays for the expenditure of other campaigners.

BCCI misleading people on several key issues: Lodha panel

BCCI misleading people on several key issues: Lodha panel

Rediff.com4 Oct 2016

Taking strong exception to the Board of Control for Cricket in India 'misleading' everyone on key issues such as disbursement of large amount of funds to state associations, the Supreme Court-appointed Justice Rajendra Mal Lodha-panel on Tuesday said it is unfortunate that their directions have been 'misinterpreted'.

Why flights are unlikely to resume any time soon

Why flights are unlikely to resume any time soon

Rediff.com10 May 2020

'Indian aviation cannot resume without at least three major airports being functional. If Delhi, Mumbai, Bengaluru, and Kolkata are shut, there is little chance that airlines will start flying even if the government gives the go-ahead.'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Rediff.com12 Feb 2019

"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.

US State Department releases Hillary's Benghazi emails

US State Department releases Hillary's Benghazi emails

Rediff.com22 May 2015

The US State Department on Friday released a part of emails by former secretary of state Hillary Clinton related to a 2012 terrorist attack on the US consulate in Libya's Benghazi.

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

SC forms 12-member national task force for Covid response

SC forms 12-member national task force for Covid response

Rediff.com8 May 2021

The bench said the Union Cabinet Secretary will be the convenor of the task force and may nominate an officer not below the rank of Additional Secretary to depute for him, when necessary.

SC order on RBI circular: How it will hit banks

SC order on RBI circular: How it will hit banks

Rediff.com3 Apr 2019

Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.

Rs 19,000 cr black money detected in ICIJ, HSBC cases

Rs 19,000 cr black money detected in ICIJ, HSBC cases

Rediff.com21 Jul 2017

Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.

'What expertise does DBS have to run an Indian bank?'

'What expertise does DBS have to run an Indian bank?'

Rediff.com3 Dec 2020

'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'

88% of all Covid deaths in age group of above 45 yrs: Govt

88% of all Covid deaths in age group of above 45 yrs: Govt

Rediff.com24 Mar 2021

People aged 45 and above account for about 88 per cent of all COVID-19 deaths in India making them the most vulnerable section, the Union health ministry said on Wednesday, a day after the government opened up vaccinations for all those in the age bracket from April 1.

New compensation norms for private, foreign bank honchos

New compensation norms for private, foreign bank honchos

Rediff.com4 Nov 2019

The regulator said if the variable pay is up to 200 per cent of the fixed pay, at least 50 per cent of it should be in non-cash, and if the variable pay is above 200 per cent, 67 per cent of it should be paid via non-cash instruments.

A year after #MeToo: What has changed?

A year after #MeToo: What has changed?

Rediff.com1 Nov 2019

A year ago, India's #MeToo movement witnessed women across India speak up against sexual harassment. Nikita Puri assesses what, if anything, has changed.

Banks should pass on the rate benefit to customers: Shaktikanta Das

Banks should pass on the rate benefit to customers: Shaktikanta Das

Rediff.com5 Aug 2019

Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.

All you want to know about social bourses

All you want to know about social bourses

Rediff.com22 Jul 2019

A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.

FIFA finance watchdog member arrested on corruption charges

FIFA finance watchdog member arrested on corruption charges

Rediff.com7 Sep 2014

FIFA faces more embarrassment after a member of its financial watchdog was arrested on suspicion of corruption and money-laundering in the Cayman Islands.

'Modi's political capital has taken a very big beating in the Nirav Modi case'

'Modi's political capital has taken a very big beating in the Nirav Modi case'

Rediff.com1 Mar 2018

'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'

Why is Modi telling us to remember something we haven't been allowed to forget?

Why is Modi telling us to remember something we haven't been allowed to forget?

Rediff.com17 Aug 2021

Have we been allowed to forget Partition? Isn't Partition the reason many Hindus cannot bring themselves to trust Muslims? So many Muslims born after 1947 have told me with anguish: "How long will we be blamed for Partition?" notes Jyoti Punwani.

Buzz: Cricket Australia sacks employee for abortion tweets

Buzz: Cricket Australia sacks employee for abortion tweets

Rediff.com30 Jul 2018

In a startling revelation, a former Cricket Australia employee, on Monday, alleged she was sacked because she campaigned for improved abortion rights and criticised the state government on social media.

An open letter to the RBI governor

An open letter to the RBI governor

Rediff.com11 Jan 2019

Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.

Senate okays Indian-American Neomi Rao for federal judgeship

Senate okays Indian-American Neomi Rao for federal judgeship

Rediff.com14 Mar 2019

She will replace controversial Brett Kavanaugh who endured a bitter confirmation battle last year after President Donald Trump named him to the US Supreme Court.

Tripura CPM leader sleeps on bed of cash to fulfil dream

Tripura CPM leader sleeps on bed of cash to fulfil dream

Rediff.com19 Oct 2013

A Communist Party of India-Marxist leader in Marxist-ruled Tripura who lay on a bed of cash withdrawn from his own bank account to fulfil a long cherished dream, is in deep trouble with his party.

'Demolish Maradu flats': SC orders Rs 25L compensation to owners

'Demolish Maradu flats': SC orders Rs 25L compensation to owners

Rediff.com27 Sep 2019

The top court said that it was not against anyone but the primary concern is illegal constructions in Coastal Regulation Zone areas, which eventually lead to natural disasters.

Cong aims to 'win hearts' with 'Ab Hoga Nyay' campaign

Cong aims to 'win hearts' with 'Ab Hoga Nyay' campaign

Rediff.com7 Apr 2019

The campaign's main theme song 'Main hi toh Hindustan hoon' has been penned by Javed Akhtar.

Did Jaitley have prior knowledge of Urjit Patel's decision?

Did Jaitley have prior knowledge of Urjit Patel's decision?

Rediff.com11 Dec 2018

Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation

West Bengal: Debt-ridden state faces uphill task

West Bengal: Debt-ridden state faces uphill task

Rediff.com8 Jul 2016

The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.

Communally cleaved Nandigram awaits Mamata-Suvendu clash

Communally cleaved Nandigram awaits Mamata-Suvendu clash

Rediff.com20 Jan 2021

A blood-soaked Nandigram made Mamata Banerjee what she is today and underpins the hopes of the combustible West Bengal leader of clinching a third straight term in office.

Centre pays higher price to keep pensioners happy

Centre pays higher price to keep pensioners happy

Rediff.com15 Feb 2017

Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.

National Medical Commission Bill: Busting misconceptions

National Medical Commission Bill: Busting misconceptions

Rediff.com3 May 2018

Dr Arun Jamkar, former vice chancellor, Maharashtra University of Health Sciences, makes a strong case for reforming Indian medical education and believes that the National Medical Commission Bill is historic.

PM lays foundation stone of new Parliament building

PM lays foundation stone of new Parliament building

Rediff.com10 Dec 2020

Pujaris from the Sringeri Math Karnataka did the rituals for the 'bhoomi pujan' at the new Parliament building site.

Democrats hacked again!

Democrats hacked again!

Rediff.com13 Aug 2016

The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.

Ex-Chinese diplomat asks China to 'adjust' stand on Azhar

Ex-Chinese diplomat asks China to 'adjust' stand on Azhar

Rediff.com6 Jan 2017

"First, is Azhar a terrorist? Second, was the Pathankot attack perpetrated by the Jaish-e-Mohammed group? To the first question, the answer should be yes," he said.

RBI plans to use unclaimed money on depositors' education

RBI plans to use unclaimed money on depositors' education

Rediff.com21 Jan 2014

As per the proposal, the banking sector deposits which have not been claimed for 10 years or more will be transfered to 'Depositor Education and Awareness Fund Scheme'.

Oppn to corner govt over Delhi riots, demand Shah's resignation

Oppn to corner govt over Delhi riots, demand Shah's resignation

Rediff.com1 Mar 2020

'I think there must be some sort of a nexus between the rioters and a section of police officials which resulted in gruesome killings and arson'