New Delhi: With the 2G spectrum issue getting caught in logjam in the JPC, the BJP on Friday sought to bring the matter to the forefront of Parliament's Public Accounts Committee saying the matter is pending and should be disposed of. The demand to settle the pending issue came at the first meeting of the newly-constituted PAC.
BJP member Prakash Javadekar raised the issue of PAC's draft report on 2G scam, saying it was still a pending agenda and sought to know when would it be taken up. PAC Chairman Murli Manohar Joshi has kept the 2G issue alive by mentioning in the documents circulated to the members that the "draft report on 'recent developments in the telecom sector, including allocation of 2G and 3G spectrum' was also circulated to members of the PAC (2011-12)."
When the previous committee came into being, Joshi had mentioned the draft report as a "pending agenda" of PAC. The draft report of the JPC on 2G scam had given a clean chit to Prime Minister Manmohan Singh and Finance Minister P Chidambaram. It had charged former Telecom Minister A Raja of misleading the PM on the issue of 2G spectrum allocation.
The JPC has not met after the draft report was circulated last month amid sharp differences between opposition and UPA members. Fifteen opposition members in the 30-member committee had rejected the draft and had expressed no confidence in panel chief PC Chacko....
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09:35 PM, May 17, 2013
Srinagar: Jammu and Kashmir State Accountability Commission (SAC) has ordered a regular enquiry into the alleged role of Deputy Chief Minister Tara Chand in the illegal appointments in urban local bodies. A Division bench of the Commission, comprising chairman Justice (retd) YP Nargotra and Justice (retd) Hakim Imtiyaz Hussain, on Monday directed for a regular enquiry into the allegations of misuse of official position by Chand in the illegal recruitments...
12:58 PM, May 14, 2013
New Delhi: CAG report commands respect and cannot be brushed aside but it cannot be the final word on an issue, the Supreme Court said on Thursday while noting that the auditor's findings cannot be gospel truth as it is subject to scrutiny by Parliament. A bench of justices KS Radhakrishnan and Dipak Misra said that CAG's report is always subject to parliamentary debates and it is possible that Public...
10:40 PM, May 09, 2013
London: Hackers compromised Twitter accounts of The Associated Press on Tuesday, sending out an erroneous tweet about an attack at the White House. The tweet said that there had been two explosions at the White House and President Barack Obama was injured. The attack on AP's Twitter account and AP Mobile Twitter account was preceded by a phishing attempt on AP's corporate network. The AP confirmed that its Twitter account...
11:46 PM, Apr 23, 2013
Washington: Social media accounts maintained by CBS News programs, "60 Minutes" and "48 Hours," were compromised on Saturday, the two programs' official Twitter accounts said. A post on the "60 Minutes" Twitter microblog account, @60Minutes, said, "PLEASE NOTE: Our Twitter account was compromised earlier today. We are working with Twitter to resolve." Another post read, "A message that was posted earlier to this account was not written or sent by...
10:44 AM, Apr 21, 2013
Mumbai: The Public Accounts Committee (PAC) of Maharashtra Legislature has indicted former Indian Olympic Association president (IOA) Suresh Kalmadi for irregularities in organising the Commonwealth Youth Games in 2008 at Pune and asked the state government to file a criminal case against him. The PAC report, which was tabled in the Legislative Assembly on Wednesday, also asked the government to submit an action taken report (ATR) to the committee within...
05:51 PM, Apr 17, 2013
Allahabad: The BJP on Friday attacked Rahul Gandhi for his comments about Prime Ministership saying it smacked of "shirking responsibility and enjoying power without accountability". "Rahul Gandhi's comments about Prime Ministership confirm that he, like his mother and Congress president Sonia Gandhi, does not want to take any type of accountability and keep enjoying power without accountability," BJP spokesman Shahnawaz Hussain told reporters in Allahabad. "What does the Congress Vice...
01:17 AM, Apr 13, 2013
New Delhi: Worried who will read some of your personal and saved emails and conversation after you are dead? Google now has a solution for that. Google has launched an inactive account manager feature that can be used as a digital will. Google is asking people what they want to happen to their digital photos, documents and other virtual belongings in case they die or become incapacitated. An Inactive Account...
01:32 PM, Apr 12, 2013
Kolkata: Heralding a new era of education, the Institute of Chartered Accountants of India (ICAI) will soon have a TV channel for its members as well as those studying accountancy, its chief said here on Monday. "We will start a 24-hour TV channel for our members and students. It will have interesting programmes to make learning interesting. It will take another two to three months," ICAI president Subodh Kumar Agrawal...
06:13 PM, Apr 08, 2013
>Asserting that India has to sort many internal issues, Finance Minister P Chidambaram on Monday said containing fiscal deficit, current account deficit and inflation are big challenges that country is facing currently. However, he maintained that the problems were being addressed and that fiscal deficit will reach the target of 3 per cent in 2016-17. ...
06:40 PM, Apr 01, 2013
Nurturing the ambition to make it big in the finance arena, a 23-year-old Delhi girl has qualified as chartered accountant, cost accountant, and also company secretary - becoming possibly the youngest person to complete all the three professional accounting courses. A Delhi University commerce graduate, Pallavi Sachdeva admires ICICI Bank chief Chanda Kochhar as a role model and has already got her dream job with an offer from international finance...
10:08 AM, Apr 01, 2013
Terming the current account deficit at 6.7 per cent of GDP in the December quarter as "far too high", Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday said the country needs a strategy to deal with the problem. ...
03:46 AM, Mar 29, 2013
India's current account deficit (CAD) widened from 5.4 per cent in the July-September quarter to a record high of 6.7 per cent of GDP in the October-December quarter, driven mainly by huge trade deficit, said a release by the Reserve Bank of India. This is much higher than the 6.4 per cent estimated by a CNBC-TV18 poll. ...
05:33 PM, Mar 28, 2013
A plan to seize up to 10 per cent of savings accounts in Cyprus to help pay for a (EURO)15.8 billion ($20.4 billion) financial bailout was met with fury on Monday, and the government shut down banks until later this week while lawmakers wrangled over how to keep the island nation from bankruptcy. ...
06:35 AM, Mar 19, 2013
An aspiring chartered accountant and a taxi driver committed suicide in New Delhi by hanging themselves in separate incidents, police said on Sunday. Upma Singh, 21, a chartered accountancy student, hanged herself from a ceiling fan at her rented house in Laxmi Nagar in east Delhi on Sunday morning, police said. ...
03:37 AM, Mar 18, 2013
India's record-high current account deficit is a chief worry as it is increasing the dependence on foreign investments, the government's top economic adviser said on Tuesday, making the country vulnerable to a sudden stop and reversal in fund inflows. ...
03:59 PM, Mar 05, 2013
The Indian Army launched its official Twitter account on Friday. The account, which goes by the Twitter handle @adgpi, has already attracted more than a thousand followers. ...
01:10 PM, Mar 03, 2013
The Reserve Bank on Thursday welcomed the General Budget, saying it has laid the foundation for lowering fiscal and current account deficits, apart from supporting both domestic and foreign investments. The central bank said the government's net market borrowing target of around Rs 5 lakh crore (budget estimate for the next fiscal is Rs 4.84 lakh crore) is manageable. ...
05:46 PM, Feb 28, 2013
The last hope of Sahara Group to get more time to refund Rs 24,000 crore to its investors was on Monday dashed in the Supreme Court which dismissed its plea and pulled it up for not complying court's earlier order to return the money by first week of February. A bench headed by Chief Justice Altamas Kabir, which had earlier extended the deadline to two companies of the group for...
06:47 PM, Feb 25, 2013
Hackers breached the Twitter account of fast-food chain Burger King, posting the online equivalent of graffiti and sometimes making little sense. ...
11:36 AM, Feb 19, 2013
