PACS
To call Sebi chief before PAC or not: Centre, Opposition trade barbs
A dispute arose in parliament's Public Accounts Committee over calling SEBI Chairperson Madhabi Puri Buch to discuss SEBI's functioning. TMC's Sougata Roy demanded her presence, while BJP's Nishikant Dubey opposed, citing procedural rules. The issue stems from Hindenburg Research's allegations against Buch, which she has denied.
PAC meet: TMC's Saugata Roy demands calling SEBI chief, BJP's Nishikant Dubey objects citing rules
Trinamool Congress leader Saugata Roy has called for SEBI chairperson Madhabi Puri Buch to appear before Parliament's Public Accounts Committee over conflict of interest allegations. BJP's Nishikant Dubey opposed the demand, citing procedural rules. The controversy began with allegations from Hinderburg Research, which Buch has denied.
Centre to announce new cooperative policy next 2-3 months, says Coop secretary
The new National Cooperative Policy is nearing completion and will be announced within the next 2-3 months, according to Cooperation Secretary Ashish Kumar Bhutani. A 47-member committee, led by former Union minister Suresh Prabhu, has drafted the policy. Additionally, around 65,000 Primary Agricultural Cooperative Societies will be computerised by February next year.
From performance of Jal Jeevan mission to policy on OBCs, Parliamentary panels get down to work
Key parliamentary committees in New Delhi have begun addressing issues such as reservation for Scheduled Castes and Scheduled Tribes in public sector undertakings and the audit of the Jal Jeevan Mission. These committees, which include members from both Lok Sabha and Rajya Sabha, will discuss various subjects throughout the week.
Public Accounts Committee to look into allegations against Sebi Chief Madhabi Puri Buch
The parliamentary Public Accounts Committee (PAC) is set to investigate allegations against Sebi chief Madhabi Puri Buch. The inquiry follows claims of conflict of interest and corrupt practices. The PAC, led by Congress leader KC Venugopal, will review the performance of regulatory bodies, including Sebi, later this month.
Harris's polling numbers are less rosy as compared to Trump? Here's what super PAC president says
Supporters of Kamala Harris shouldn't be overly optimistic and sanguine about recent polls showing her ahead of Donald Trump.
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Kamala Harris super PAC founder says public polls are too optimistic
Chauncey McLean, president of Future Forward, the main outside spending group backing Kamala Harris' presidential bid, revealed that their internal polling shows a much closer race than public polls suggest. Speaking at an event hosted by the University of Chicago Institute of Politics on Monday, McLean highlighted this concern.
Congress' Venugopal to head PAC, 4 newly formed panels go to BJP
Senior Congress leader K C Venugopal has been appointed as the head of the Parliament's Public Accounts Committee (PAC), which monitors government expenditure, according to the Lok Sabha Secretariat. The announcement also included the formation of four other parliamentary panels, with Lok Sabha Speaker Om Birla constituting the Estimates and Public Undertakings committees to be chaired by BJP leaders.
Musk-backed PAC under investigation for potential violations of Michigan laws
A political action committee backed by Elon Musk is being investigated in Michigan for potential violations of state laws, according to a spokesperson for the Michigan secretary of state's office. The investigation focuses on the Musk-backed America PAC, which has been collecting detailed voter information from Michigan residents and others after they submitted their personal data via a "register to vote" section on the PAC's website.
US-Japan security talks focus on bolstering military cooperation amid rising China threat
Japan and the U.S. will hold high-level defense talks in Tokyo on Sunday to enhance military cooperation against rising threats from China. Key discussions include upgrading U.S. command structures in Japan, strengthening missile production, and reaffirming U.S. nuclear deterrence commitments. The talks will also see Japan's defense minister engage in trilateral discussions with U.S. and South Korean counterparts. This meeting underscores Japan’s growing military collaboration with the U.S. and South Korea, and its efforts to bolster its domestic defense industry through increased arms production and exports.
Kanwar Yatra: Traffic to take a hit in Noida and Ghaziabad from today; Check advisory here
Traffic in Noida and Ghaziabad faced disruptions starting Saturday due to restrictions imposed for the kanwar yatra, lasting until Aug 5. Key exits at Kalindi Kunj border were closed, affecting traffic flow to Delhi, while diversions were in place for Meerut-bound vehicles. Heavy vehicles were already restricted on the DME from July 22.
Is Elon Musk distancing himself from Donald Trump? This is what he has to say
Entrepreneur Elon Musk has distanced himself from reports that he has committed $45 million every month to support Donald Trump’s election campaign. He has extended his support to Trump and praised the former president. He has had many issues with the Democrats and the Biden administration. Musk spoke out against ‘cult personality’ in a recent interview.
Elon Musk leads Silicon Valley rally behind Donald Trump
Elon Musk's decision to throw his vast fortune behind Donald Trump's presidential candidacy confirms the rise of a growing right-wing bloc in the traditionally liberal Silicon Valley. Closing out Trump's fellow travelers in Silicon Valley are top executives from Palantir, a data analytics firm co-founded by Thiel that specializes in national security work.
Is Elon Musk supporting Donald Trump financially? What has changed his views?
Elon Musk has extended his support to Donald Trump immediately after the assassination attempt on the former President. He has extended both political and financial support to Trump.
Elon Musk pledges $45 million a month towards fund to elect Donald Trump as President
Elon Musk plans to donate $45 million monthly to America PAC in support of Donald Trump's presidential campaign. Other backers include prominent figures like Joe Lonsdale and Kelly Craft. Trump, who survived a shooting, has gained support from wealthy donors like Musk.
Elon Musk donates huge amount to Pro-Trump PAC ahead of 2024 election. Will he endorse Republican nominee as well?
Elon Musk has made a large donation to America PAC, a group supporting Donald Trump in the 2024 election. This donation is Musk's largest political contribution to date, though he has not endorsed any candidate publicly.
Jolt to Biden's re-election campaign as donors hold back USD 90 million pledged earlier
A major setback has hit President Joe Biden's re-election campaign as a group of fundraisers has decided to withhold $90 million in pledged contributions if he remains the Democratic presidential candidate. The New York Times reported on Friday that the frozen funds include multiple eight-figure commitments, as informed by anonymous sources due to the sensitivity of the situation. This decision follows Biden's poor debate performance on June 27 against Donald Trump, which has led to diminished support from key allies.
Plan to set up coop bank, milk producers' union in every district of country: Amit Shah
Union Cooperation Minister Amit Shah outlined the government's ambitious plans during the 'Sahkar se Samriddhi' programme marking the 102nd International Day of Cooperatives. He announced targets to establish cooperative banks and milk producers' unions in every district, and to set up multipurpose agriculture credit societies in two lakh panchayats lacking cooperative institutions within five years.
Crypto money is poised to sway US polls
Cryptocurrency executive Ryan Selkis, from Messari, spoke at an event celebrating Trump's NFTs, emphasizing the political influence of the 50 million U.S. crypto holders.
Bajaj Chetak 2901 launched in India under Rs 1 lakh. Check price, features
Bajaj Auto has recently unveiled the latest addition to its electric scooter range, the Chetak 2901. Priced at INR 95,998 (ex-showroom, Bangalore), this model comes in five vibrant colors: Red, White, Black, Lime Yellow, and Azure Blue. The Chetak 2901 is equipped with a sturdy metal body and advanced technological features, making it a standout in the electric scooter market.
'Lakshmir Bhandar' tilted scales for Mamata, poor candidate choice cost BJP steeply: I-PAC chief
Pratik Jain, co-founder and director of I-PAC, credited Mamata Banerjee's 'Lakshmir Bhandar' scheme for women in West Bengal as the key factor behind Trinamool Congress' 2024 victory. He highlighted BJP's flawed candidate choices and negative campaigns for the party's defeat in West Bengal. Jain revealed the agency's strategies that empowered rural women and countered BJP's narrative, leading to TMC's landslide win. He also shared insights on campaign adjustments and internal challenges faced during the elections.
Cooperation Minister reviews progress of pilot grain storage projects launched in 11 states
The National Level Coordination Committee (NLCC) chaired by Ashish Kumar Bhutani reviewed India's grain storage project progress initiated by the Ministry of Cooperation.
Blackstone CEO Schwarzman to back Trump, Axios reports
Schwarzman, one of the biggest political donors on Wall Street, plans to donate to Trump and various Republican Senate candidates, the report said, citing a statement from the investment management company's CEO.
The young backroom players playing a big role in this year's polls
These are grads hired in large numbers by consulting firms specialising in communication and public relations, and well entrenched in the political space.
PM Modi launches world's largest grain storage programme entailing investment of Rs 1.25 lakh cr
The prime minister talked about various initiatives taken by the government in the last 10 years for the growth of the cooperative sector as part of its vision of "Sahakar se Samridhi", and specifically highlighted the creation of a specific ministry for the cooperative sector. Through a separate ministry, efforts are being made to strengthen cooperatives in the country, he said.
PM Modi inaugurates 11 godowns in PACS under world's largest grain storageplan in coop sector
Addressing a gathering here, the prime minister said the cooperative sector is instrumental in shaping a resilient economy and propelling the development of rural areas. "Today we have launched the world's largest storage scheme for our farmers. Under this, thousands of warehouses and thousands of godowns will be constructed across the country," he said.
SC orders appointment of man as constable in UP's PAC whose selection was cancelled for concealing info on criminal case
The apex court noted that when the man had applied for the job on February 12, 2004, there was no criminal case registered or pending against him. However, five days after submitting the application, he got implicated in a criminal case in which he was subsequently acquitted by the trial court in September 2004.
Uttarakhand government seeks more paramilitary forces amid Haldwani unrest
In response to the turmoil in Haldwani's Banbhoolpura during an anti-encroachment operation, over two dozen individuals have been apprehended, with five arrests made so far. Law enforcement is reviewing CCTV footage to identify those involved in stone pelting and arson. Chief Secretary Radha Raturi has requested additional Central Armed Police Force (CAPF) companies to maintain law and order. Curfew has been lifted in most areas, and investigations are ongoing. Legal action, including charges under the National Security Act (NSA) and Unlawful Activities (Prevention) Act (UAPA), is underway against the culprits.
Amit Shah says 241 PACS operating Jan Aushadi Kendras; now rural poor can get affordable medicines
Cooperation Minister Amit Shah announced that 241 Primary Agricultural Credit Societies (PACS) have established Jan Aushadi Kendras in rural areas, extending the availability of affordable generic medicines to the rural poor and farmers. Previously concentrated in urban areas, the move aims to benefit a broader population, offering quality medicines at significantly lower costs.
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