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Tag: parliamentary

RBI governor appears before Parliamentary panel; assures steps to strengthen banking system

RBI governor appears before Parliamentary panel; assures steps to strengthen banking system

Finance
RBI Governor Urjit Patel today faced tough questions from a parliamentary panel on bad loans, bank frauds, cash crunch and other issues even as he assured the members that steps were being taken to strengthen the system, sources said. Sources present at the meeting of the Parliamentary Standing Committee on Finance said the RBI Governor expressed confidence of tiding over the crisis regarding non-performing assets (NPAs). Some members of the committee, headed by senior Congress leader Veerappa Moily, sought to know about the reasons for recent instances of ATMs running out of cash and why enough steps were not taken to tackle banking frauds. Patel told the panel that steps were being taken to strengthen the banking system. "We are confident that we will be able to tide over the crisis," a ...
Dozens of Parliamentary email accounts hacked

Dozens of Parliamentary email accounts hacked

Technology
A cyberattack on Parliament has compromised dozens of email accounts belonging to parliamentarians, according to Sky sources.On Saturday hackers attacked the email server for Parliament. This prompted the digital security team to shut down external access to MPs and peers' email accounts, which are still unavailable.While the attack has now been contained, preliminary investigations suggest that there may have been a compromise of a large number of communications, potentially including those between constituents and their elected officials.Parliament's digital security team is continuing to investigate the attack.But a statement from a parliamentary spokesperson confirmed claims by Sky sources and stated that "significantly fewer than 1% of the 9,000 accounts on the parliamentary network" ...
Macron's party wins majority in French parliamentary elections

Macron's party wins majority in French parliamentary elections

World
June 19 (UPI) -- Despite a record-low turnout, French President Emmanuel Macron's party won the majority of seats in parliamentary elections Sunday.Macron's centrist party, La République en Marche (the Republic on the Move), won 350 seats out of a total 577 on a platform to reduce worker protections and labor restrictions.The election results indicate Macron's party will be a formidable force in French politics, especially as the more traditional conservative and socialist parties lost several seats and will find it difficult to form a competing block against La République en Marche."This evening despite an alarmingly low turnout, the triumph of Emmanuel Macron is indisputable, the defeat of the left is unavoidable, the defeat of the Socialist party is without appeal, the right is facing a