News for 'Treasury Committee'

China blocks Indo-US proposal to list Pak-based Makki a global terrorist

China blocks Indo-US proposal to list Pak-based Makki a global terrorist

Rediff.com17 Jun 2022

Makki is a US-designated terrorist and brother-in-law of Lashkar-e-Tayiba chief and 26/11 mastermind Hafiz Saeed.

'Soul of democracy sucked out': Oppn to boycott new Parliament inauguration

'Soul of democracy sucked out': Oppn to boycott new Parliament inauguration

Rediff.com24 May 2023

Modi will inaugurate the new Parliament building on May 28 following an invitation by Lok Sabha Speaker Om Birla.

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Rediff.com30 Sep 2022

Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. The hike has been effected in their benchmark rate linked to the repo rate, which increased by half a percentage point to 5.9 per cent. Even financial institutions like mortgage lender HDFC Ltd hiked the lending rate by 50 basis points effective Saturday.

Imran Khan to hold office till caretaker PM is appointed

Imran Khan to hold office till caretaker PM is appointed

Rediff.com4 Apr 2022

Imran Khan will continue to be the prime ninister of Pakistan until the appointment of a caretaker premier, according to a notification issued by President Arif Alvi on Monday.

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.

'They will kill us, lynch us'

'They will kill us, lynch us'

Rediff.com8 Aug 2023

'The Manipur government is a government now ruled by the mob.'

Cong raises heat against Irani as MPs protest in Parliament

Cong raises heat against Irani as MPs protest in Parliament

Rediff.com29 Jul 2022

Congress MPs staged a protest in front of the Gandhi statue in Parliament complex demanding an apology from the government for Irani's confrontation with Congress president Sonia Gandhi on Thursday.

Banking Stocks: Time To Tread Cautiously

Banking Stocks: Time To Tread Cautiously

Rediff.com7 Nov 2022

The sector seems set for a rally that may be somewhat temporary.

Will talk only after Rahul is allowed to speak: Cong on Parl logjam

Will talk only after Rahul is allowed to speak: Cong on Parl logjam

Rediff.com22 Mar 2023

Addressing a press conference, Congress general secretary Jairam Ramesh said efforts are being made since the last few days that a 'formula' or middle path is found with both the Opposition and the government relenting.

Jet Airways fails to attract new bidders

Jet Airways fails to attract new bidders

Rediff.com2 Sep 2019

There are only three entities left in the fray now - Russian Fund Treasury RA Partners, Panama-based investment firm Avantulo Group and South American conglomerate Synergy Group Corp.

PSB Bull Run: Time For Govt To Reap Riches

PSB Bull Run: Time For Govt To Reap Riches

Rediff.com19 Jul 2023

Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.

Tory rebels want Rishi Sunak to replace Liz Truss as UK PM

Tory rebels want Rishi Sunak to replace Liz Truss as UK PM

Rediff.com14 Oct 2022

The poll found that among those who voted for the Conservatives at the last election, 62 per cent said that party members had made the wrong choice when the race was shortlisted between Truss and Sunak.

BJP, Congress spar over Parliament logjam

BJP, Congress spar over Parliament logjam

Rediff.com21 Mar 2023

With the all-party meetings called by Rajya Sabha Chairperson Jagdeep Dhankhar and Lok Sabha Speaker Om Birla producing no breakthrough to end the deadlock in Parliament, Union ministers Piyush Goyal and Pralhad Joshi accused opposition parties of repeatedly 'insulting' Dhankhar.

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

Rediff.com18 Mar 2023

Senior Congress leader Jairam Ramesh on Saturday said he does not see a 'middle path' to end the logjam in Parliament as the Opposition's demand for a Joint Parliamentary Committee (JPC) probe into the Adani issue was 'non-negotiable' and the question of an apology over Rahul Gandhi's remarks in the United Kingdom does not arise.

US not in a rush to recognise Taliban govt: White House

US not in a rush to recognise Taliban govt: White House

Rediff.com9 Sep 2021

'No one in this administration, not the President nor anyone on the national security team, would suggest that the Taliban are respected and valued members of the global community'

A word of caution for investors as market risks rise

A word of caution for investors as market risks rise

Rediff.com19 Mar 2021

The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that have now hit $70 a barrel (Brent) coupled with inflation woes and fear of sporadic lockdown across major economic hubs back home as Covid cases rise have chased the bulls away. In the short-term, analysts expect the markets to remain volatile as they react to news flow - both from overseas and developments back home. Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs), including India.

Race to replace UK PM Johnson gains pace after Sunak's announcement

Race to replace UK PM Johnson gains pace after Sunak's announcement

Rediff.com9 Jul 2022

Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.

Rajya Sabha issues code of conduct for members ahead of budget session

Rajya Sabha issues code of conduct for members ahead of budget session

Rediff.com29 Jan 2022

As per the rules and regulations, members must not do anything that brings disrepute to the Parliament and affects their credibility, and members must utilise their position as Members of Parliament to advance general well-being of the people.

Pak lawmakers condemn Parrikar's 'hell' remarks

Pak lawmakers condemn Parrikar's 'hell' remarks

Rediff.com2 Sep 2016

Parrikar had compared the neigbouring country to "hell" and asserted that it should stop human rights violations in Balochistan.

In RS, Modi thumps chest, says he alone is more than a match for entire Oppn

In RS, Modi thumps chest, says he alone is more than a match for entire Oppn

Rediff.com9 Feb 2023

Amid slogan shouting by MPs from the Trinamool Congress, the Congress and other opposition parties from the Well of the House, Modi began replying to the debate on the motion thanking the President for her address to the joint sitting of Lok Sabha and Rajya Sabha at the start of the Budget Session, and accused the Congress of adopting only 'tokenism' to solving problems the country faced.

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

Rediff.com16 Apr 2023

Delhi Chief Minister Arvind Kejriwal was questioned for nearly nine hours by the Central Bureau of Investigation (CBI) on Sunday in the excise policy case, amid protests by his party as the Aam Aadmi Party chief claimed that the allegations of scam were false and the agency was acting at the Bharatiya Janata Party's behest.

Bihar assembly speaker, minister engage in an unusual spat

Bihar assembly speaker, minister engage in an unusual spat

Rediff.com17 Mar 2021

Speaker Vijay Kumar Sinha, who was a minister himself in the previous National Democratic Alliance government, was visibly shaken at the disdain shown towards the Chair by Samrat Chaudhary who holds the Panchayati Raj portfolio.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

Haryana assembly passes anti-conversion bill amid Congress walkout

Haryana assembly passes anti-conversion bill amid Congress walkout

Rediff.com22 Mar 2022

Similar bills in the recent past have been passed in the Bharatiya Janata Party-ruled states.

US will ban Tiktok on Sep 15 unless an American company buys it: Trump

US will ban Tiktok on Sep 15 unless an American company buys it: Trump

Rediff.com4 Aug 2020

Technology giant Microsoft is in talks with TikTok's parent company ByteDance to buy its US operation.

BJP's no-trust motion against Chhattisgarh govt defeated

BJP's no-trust motion against Chhattisgarh govt defeated

Rediff.com28 Jul 2022

The no-confidence motion moved by the opposition Bharatiya Janata Party against the Congress government in Chhattisgarh where assembly polls are due next year, was defeated by voice vote in the state Legislative Assembly on Thursday.

Sensex zooms 834 points; Nifty reclaims 14,500 level

Sensex zooms 834 points; Nifty reclaims 14,500 level

Rediff.com19 Jan 2021

Bajaj Finserv was the top gainer in the Sensex pack, rallying around 7 per cent, followed by Bajaj Finance, HDFC, L&T, ICICI Bank, Sun Pharma and NTPC. On the other hand, Tech Mahindra, ITC and M&M were the laggards.

Wanted! Skilled insurance professionals

Wanted! Skilled insurance professionals

Rediff.com7 Apr 2009

The Indian insurance sector is lacking adequate specialised skilled professionals in areas like actuarial science and treasury management, the Rakesh Mohan Committee on Financial Sector Assessment has said.

Lok Sabha to take up Triple Talaq bill on Thursday

Lok Sabha to take up Triple Talaq bill on Thursday

Rediff.com24 Jul 2019

The bill, which criminalises instant divorce by Muslim men and seeks jail term for the guilty, was the first draft legislation tabled by the Narendra Modi government in this first session after it took oath of office for a second term in May.

Will Kerala Go North-East Way To BJP?

Will Kerala Go North-East Way To BJP?

Rediff.com13 Mar 2023

If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.

Indian-origin Rishi Sunak says he is running for British PM

Indian-origin Rishi Sunak says he is running for British PM

Rediff.com8 Jul 2022

Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.

Microsoft keen to buy TikTok in US

Microsoft keen to buy TikTok in US

Rediff.com3 Aug 2020

TikTok has stressed that its US user data is already stored on US-based servers and backed up in Singapore, and is therefore not subject to Chinese law as some US officials have feared.

Lalu convicted in 4th fodder scam case

Lalu convicted in 4th fodder scam case

Rediff.com19 Mar 2018

The court in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs 3.13 crore from the Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar.

Sensex sinks 792 points; closes below 35k-mark

Sensex sinks 792 points; closes below 35k-mark

Rediff.com5 Oct 2018

Sentiments were also bearish largely in tandem with a sell-off in global markets as US Treasury yields surged to multi-year highs on robust economic data and comments from the Federal Reserve, sparking fears of accelerating inflation, brokers said.

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.

Ministers meet Sonia, seek Congress support in Parliament

Ministers meet Sonia, seek Congress support in Parliament

Rediff.com7 Jun 2019

Parliamentary Affairs Minister Pralhad Joshi on Friday met Congress parliamentary party chief Sonia Gandhi, seeking her party's cooperation for smooth functioning of the Parliament session beginning June 17.

In LS replay, govt, oppn unite to pass states OBC quota bill in Rajya Sabha

In LS replay, govt, oppn unite to pass states OBC quota bill in Rajya Sabha

Rediff.com11 Aug 2021

A constitutional amendment bill to restore the powers of the states to make their own OBC lists was passed by Parliament on Wednesday, with the opposition and treasury benches joining hands in the Rajya Sabha to approve the legislation.

On Pak's request, UNSC allows Hafiz Saeed to withdraw money

On Pak's request, UNSC allows Hafiz Saeed to withdraw money

Rediff.com27 Sep 2019

Pakistan in a letter to UN Security Council 1267 Committee has contended that Hafiz Saeed supports a family of four members, as a sole supporter, he is responsible for food, drink and clothes expenses for all family members.

US slaps new sanctions on Iran after missile test

US slaps new sanctions on Iran after missile test

Rediff.com3 Feb 2017

The ballistic missile launch was the first by Iran since Trump became President.

RS to take up triple talaq bill on Tuesday

RS to take up triple talaq bill on Tuesday

Rediff.com29 Jul 2019

The ruling BJP has issued a whip to its MPs, asking them to ensure their presence in the House.