News for 'Public Accounts of Committee'

Why Do Banks Hide Losses?

Why Do Banks Hide Losses?

Rediff.com21 Mar 2023

Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.

Defence import grew between 2017-21, fell last year: Govt data

Defence import grew between 2017-21, fell last year: Govt data

Rediff.com3 Feb 2023

Minister of State for Defence Ajay Bhatt said the major defence equipment that were imported included helicopters, aircraft radars, rockets, guns, assault rifles, missiles and ammunition.

The Curious Case of Sunil Mondal, MP

The Curious Case of Sunil Mondal, MP

Rediff.com9 Aug 2021

The MP from East Burdwan, who defected to the BJP last December, has been put on 'probation' by the TMC, which he wants to rejoin.

Lalu convicted in 5th fodder scam case, sentencing on Feb 21

Lalu convicted in 5th fodder scam case, sentencing on Feb 21

Rediff.com16 Feb 2022

He had already been granted bail in the Chaibasa Treasury Scam case in October 2020, and in the Deoghar Treasury Scam case in February 2020.

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Rediff.com8 Aug 2023

However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.

'These laws are equipped to suppress democracy'

'These laws are equipped to suppress democracy'

Rediff.com27 Dec 2023

'...by directing these draconian provisions against political and ideological opponents of the ruling group, minorities, and those who dare to dissent through and selective prosecution and prolonged incarceration as undertrials.'

5 states to vote from Nov 7 to 30; results on Dec 3

5 states to vote from Nov 7 to 30; results on Dec 3

Rediff.com9 Oct 2023

While the Congress is in power in Rajasthan and Chhattisgarh, Madhya Pradesh is ruled by the Bharatiya Janata Party, Telangana by the Bharat Rashtra Samithi and Mizoram by the Mizo National Front.

Modi govt avoiding debate on embarrassing issues like Adani: Tharoor

Modi govt avoiding debate on embarrassing issues like Adani: Tharoor

Rediff.com3 Feb 2023

Tharoor said people have incurred losses after their money which was invested in LIC, SBI was put by the government "in its friend's account".

'BJP was not fighting Congress or JD-S, but the very idea of Karnataka'

'BJP was not fighting Congress or JD-S, but the very idea of Karnataka'

Rediff.com16 May 2023

'By design or default, the BJP's election strategy militated against the very essence of Karnataka politics and the idea of Karnataka.'

'Never imagined I'll fight polls from area of scam-hit people'

'Never imagined I'll fight polls from area of scam-hit people'

Rediff.com22 Mar 2014

Senior Bharatiya Janata Party leader Murli Manohar Joshi, shifted to Kanpur Lok Sabha seat from Varanasi to accommodate Narendra Modi, on Friday made a veiled attack on sitting Congress MP and Coal Minister Sriprakash Jaiswal, saying he never imagined that one day he would have to fight elections from "constituency of people whose names cropped up in coal gate scam."

What questions did PAC ask on note ban?

What questions did PAC ask on note ban?

Rediff.com9 Jan 2017

'The committee has all the right to call anybody involved in the matter. But that will depend on the outcome of the January 20 meeting. We can call the PM on demonetisation if the members unanimously decide so.'

Fighting polls unitedly, high command will decide who will lead next govt: Pilot

Fighting polls unitedly, high command will decide who will lead next govt: Pilot

Rediff.com15 Sep 2023

Congress leader Sachin Pilot on Friday stressed that the party would fight the Rajasthan assembly polls "unitedly" and said that a decision on who would lead the next government would be taken by the high command after consultations with the newly-elected MLAs.

Adani speaks: Interest of my investors is paramount

Adani speaks: Interest of my investors is paramount

Rediff.com2 Feb 2023

Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller's accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose on the stock market, with the cumulative rout now nearing $108 billion in a week -- one of the biggest wipeouts in India's history. "After a fully subscribed follow-on public offering (of Adani Enterprises Ltd), yesterday's decision of its withdrawal would have surprised many.

'It was not just an operation against NewsClick'

'It was not just an operation against NewsClick'

Rediff.com10 Oct 2023

The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.

HC orders status quo, Kukis put off mass burial on Amit Shah's request

HC orders status quo, Kukis put off mass burial on Amit Shah's request

Rediff.com3 Aug 2023

Hours before a planned mass burial of Kuki-Zomi people killed in Manipur's ethnic violence, the state's high court on Thursday ordered that status quo be maintained at the proposed burial site in Churachandpur district, while ITLF, an apex tribal body also said it was postponing burial service plans following requests from the Union home minister.

Can public sectors banks clean up the rot within?

Can public sectors banks clean up the rot within?

Rediff.com20 Aug 2014

The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.

Why Raghuram Rajan Raced At RBI

Why Raghuram Rajan Raced At RBI

Rediff.com13 Jan 2023

The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.

PSU banks account for over 90% of total bad loans in FY'14

PSU banks account for over 90% of total bad loans in FY'14

Rediff.com26 Nov 2014

Gross NPAs of public and private sector banks stood at Rs 2.41 lakh crore and 26,571 crore respectively.

SC order on CEC appointment: Rijiju says judges are for judicial work

SC order on CEC appointment: Rijiju says judges are for judicial work

Rediff.com18 Mar 2023

Law Minister Kiren Rijiju on Saturday invoked the constitutional 'Lakshman Rekha' guiding different institutions, including the executive and the judiciary, and wondered that if judges become part of administrative appointments, who would carry out judicial work.

WFI rejects wrestlers' allegations; claims protest is motivated

WFI rejects wrestlers' allegations; claims protest is motivated

Rediff.com21 Jan 2023

The Wrestling Federation of India (WFI) has rejected all the allegations, including that of sexual harassment against its president Brij Bhushan Sharan Singh.

ECB under immense pressure to expunge racism in cricket

ECB under immense pressure to expunge racism in cricket

Rediff.com24 Mar 2022

The British government has supported to limit public funding for cricket unless it takes concrete steps to rid of racism

AAP gets Rs 163-cr recovery notice for political ads

AAP gets Rs 163-cr recovery notice for political ads

Rediff.com12 Jan 2023

The recovery notice issued by the Directorate of Information and Publicity (DIP) also includes the interest on the amount and makes it mandatory for the ruling party in Delhi to pay the whole amount within 10 days, the sources said.

Parliament nod for data protection bill, to come into force in 10 months

Parliament nod for data protection bill, to come into force in 10 months

Rediff.com9 Aug 2023

The Rajya Sabha on Wednesday passed the Digital Personal Data Protection Bill 2023 by voice vote following a walkout by opposition members over the Manipur issue.

Has India's 'Bad Bank' Worked Or Not?

Has India's 'Bad Bank' Worked Or Not?

Rediff.com26 Sep 2023

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank, by 2021-2022. Only 10 per cent of this has been executed.

Delhi L-G directs recovery of Rs 97cr spent on political ads from AAP

Delhi L-G directs recovery of Rs 97cr spent on political ads from AAP

Rediff.com20 Dec 2022

Delhi Lieutenant Governor V K Saxena has directed the chief secretary to recover Rs 97 crore from the Aam Aadmi Party for political advertisements it published in the guise of government advertisements, official sources said.

FinMin disagrees with PAC's views on interest on tax refund

FinMin disagrees with PAC's views on interest on tax refund

Rediff.com8 Feb 2014

The Finance Ministry said it has followed standard practice and has not violated any Constitutional provision by not showing interest on tax refund as separate expenditure in the Budget.

IOC president Bach urges Ukraine to drop Paris Olympics boycott threat

IOC president Bach urges Ukraine to drop Paris Olympics boycott threat

Rediff.com9 Feb 2023

Thomas Bach has called on Ukraine to drop threats of a boycott of the 2024 Olympics over the participation of Russian and Belarusian athletes.

As EVs rise in India, a requiem for Kolkata's electric trams

As EVs rise in India, a requiem for Kolkata's electric trams

Rediff.com4 Jul 2023

Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.

Rahul readies Congress for Karnataka polls

Rahul readies Congress for Karnataka polls

Rediff.com16 May 2017

Buoyed by the recent victories in bypolls, Rahul was keen to revamp the state unit.

'Gaza is running out of water, electricity, even body bags'

'Gaza is running out of water, electricity, even body bags'

Rediff.com16 Oct 2023

'Answer to killing civilians cannot be to kill more civilians. Imposing a siege and bombarding civilian infrastructure in a densely populated area will not bring peace and security to the region'

SC rues delay by speakers, hopes decision soon in Mukul Roy case

SC rues delay by speakers, hopes decision soon in Mukul Roy case

Rediff.com22 Nov 2021

The Supreme Court Monday rued the 'general practice' of speakers delaying decisions on pleas seeking disqualification of lawmakers and the subsequent arguments that courts should 'stay away,' while hoping that the West Bengal assembly speaker would decide on such a plea against Mukul Roy who defected to the Trinamool Congress from the Bharatiya Janata Party after the state polls.

Regulatory woes torpedo PE/VC deals in e-pharma sector

Regulatory woes torpedo PE/VC deals in e-pharma sector

Rediff.com27 Jun 2023

With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Rediff.com6 Jul 2023

Congress leader Sachin Pilot on Thursday expressed happiness that the Congress party has taken cognisance of the issues raised by him about welfare of youth and corruption under the previous Vasundhara Raje government in Rajasthan, and asserted the party will contest the assembly polls unitedly to secure a massive victory.

Flood-prone states rapped for not enacting law on prevention

Flood-prone states rapped for not enacting law on prevention

Rediff.com22 Jul 2022

The standing committee on water resources, tabled in Lok Sabha, said only Manipur, Rajasthan and Uttarakhand and erstwhile state of Jammu & Kashmir had enacted legislation, though delineation and demarcation of flood plains are yet to be undertaken.

11 Congress MPs write to LS speaker against BJP lawmakers for Rahul fake video

11 Congress MPs write to LS speaker against BJP lawmakers for Rahul fake video

Rediff.com8 Jul 2022

As many as 11 Lok Sabha MPs of the Congress have written to Speaker Om Birla against the "unethical conduct" of BJP parliamentarians Rajyavardhan Singh Rathore, Subrat Pathak and Bhola Singh of sharing a distorted and fake video of Rahul Gandhi that could pose a threat to the country's social fabric and demanded swift intervention.

Part-time Prasar Bharati board member Vempati becomes its new CEO

Part-time Prasar Bharati board member Vempati becomes its new CEO

Rediff.com3 Jun 2017

Vempati previously worked with Infosys and now heads an online media company.

Will NDA grant Congress LOP post in Lok Sabha?

Will NDA grant Congress LOP post in Lok Sabha?

Rediff.com5 Jun 2014

Bharatiya Janata Party leader Sumitra Mahajan will be appointed Speaker of the 16th Lok Sabha on Friday. Other key parliamentary posts like that of Leader of Opposition, deputy Speaker, chairman of the Public Accounts Committee and head of the all-important standing committee on finance will be keenly contested.

Jump in small savings to burden govt

Jump in small savings to burden govt

Rediff.com22 Nov 2017

The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.

Public sector banks: Mr Modi's nightmare?

Public sector banks: Mr Modi's nightmare?

Rediff.com15 Jun 2015

Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.

CAG refuses to share Rafale audit details, cites breach of Parliament

CAG refuses to share Rafale audit details, cites breach of Parliament

Rediff.com15 Jan 2019

The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament, the CAG said.