Harper to be on hot seat at Tuesday caucus after chief of staf...

Yashwant Sinha heads Parliament's Standing Committee on Finance In the wake of by the multi-crore Saradha Group scam in West Bengal, Parliaments standing committee on finance today decided to summon Reserve (RBI) Governor D Subbarao and (Sebi) ...

New Delhi: Against the backdrop of recent chit fund controversy in West Bengal, a Parliamentary committee on Friday slammed such schemes with demands for putting in place a single regulator to oversee their functioning or scrapping them altogether.

Wants govt to come up with clear stand on new airports constructed within 150km of existing ones. The Parliamentary Standing Committee on transport tourism and culture, which has been questioning the closure of the HAL Airport for commercial flight ...

The finance standing committee of Parliament is likely to recommend scrapping of the Chit Fund Act, 1982, as the existing web of state and central regulations is so porous that preventing a Saradha-type scam was next to impossible. After hearing finance, tax ...

Parliament's secretive joint standing committee on intelligence is to have the final say on how much of a classified report on the R206 million security upgrade at President Jacob Zuma's private home to make public. The committee meets behind closed ...

Gordhan told parliament's standing committee on finance yesterday that he had encountered growing optimism around the world when it came to South Africa and the continent as a whole. "That optimism is about new resource discoveries. It's about the ...

A Parliamentary Standing committee strongly felt that the huge demurrage cost of about Rs 665 crore incurred by state-run oil marketing companies (OMCs) between 2009 and 2012 was avoidable and not due to uncontrollable factors. Owing to their ...

After the Saradha chit fund scam, the mushrooming of Ponzi schemes has got the MPs worried. Parliament's standing committee on finance is all set to look into any possible loophole in the government's mechanism in checking such financial frauds. Saubhadra ...

A Parliamentary panel has recommended removal of the provision of 26 per cent profit sharing by coal and lignite miners with project-affected people and replacing it with a system based on royalty payments by the firms concerned. The amendment was ...