Parliament session highlights: Lok Sabha, Rajya Sabha adjourned sine die
Lok Sabha and Rajya Sabha highlights: Here are the news updates on the developments in the Parliament
 "Rajya Sabha")
New Delhi: Members in the Rajya Sabha during ongoing Parliament session, in New Delhi, Wednesday, July 3, 2024. (Photo: PTI)
Parliament session highlights: Rajya Sabha MP Jaya Bachchan walked out along with the other Opposition MPs after objecting to the tone and language used by Speaker Dhankhar.
The Centre is set to introduce the Banking Laws (Amendment) Bill, 2024 which seeks to increase the option for nominees per bank account to four, from existing one, among others. Another proposed change relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh, which was fixed almost six decades ago. As per the revised list of business of Lok Sabha, Finance Minister Nirmala Sitharaman is scheduled to introduce the Banking Laws (Amendment) Bill, 2024 later in the day. In addition, the Bill also seeks to give greater freedom to banks in deciding the remuneration to be paid to statutory auditors.
The Centre is set to introduce the Banking Laws (Amendment) Bill, 2024 which seeks to increase the option for nominees per bank account to four, from existing one, among others. Another proposed change relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh, which was fixed almost six decades ago. As per the revised list of business of Lok Sabha, Finance Minister Nirmala Sitharaman is scheduled to introduce the Banking Laws (Amendment) Bill, 2024 later in the day. In addition, the Bill also seeks to give greater freedom to banks in deciding the remuneration to be paid to statutory auditors.
The Bill also seeks to redefine the reporting dates for banks for regulatory compliance to the 15th and last day of every month instead of the second and fourth Fridays. The Bill, which was approved by the Union Cabinet last Friday, proposes to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. The announcement about this was made by the Finance Minister in her 2023-24 Budget speech.
Congress General Secretary and MP Jairam Ramesh moved a privilege motion notice in the Rajya Sabha, against Union Education Minister Dharmendra Pradhan, accusing him of misleading the House (Rajya Sabha) on the issue of removal of Preamble from NCERT textbooks. "I hereby give notice of a question of privilege under Rule 187 of the Rules of Procedure and Conduct of Business in the Council of States (Rajya Sabha) against Dharmendra Pradhan, Minister of Education for having misled the House," the Congress leader said in the notice.
11:02 AM
Parliament update: Lok Sabha, Rajya Sabha adjourned sine die
9:34 AM
Waqf Bill: LS adopts motion naming 21 of its members to be part of joint committee of Houses
Joint committee of Parliament on Waqf (Amendment) Bill to also have 10 members from Rajya Sabha.
9:25 AM
All Opposition parties feel Rajya Sabha chairman's approach is partial, says Cong leader Ajay Maken
Opposition not getting importance it should; if Opposition's voice doesn't resonate in Rajya Sabha, where will it in a democracy, says Cong leader Ajay Maken.
9:15 AM
Samajwadi MP Awadhesh Prasad on BJP ST,SC MPs meeting with PM Modi over SC's observation on creamy layer
8:44 AM
Parliament update: Opposition walks out from Rajya Sabha after Jaya Bachchan-Dhankar spat
8:24 AM
Rajya Sabha Chairman Dhankar cannot disrespect MP Jaya Bachchan, says Shiv Sena (UBT)'s Priyanka Chaturvedi
8:12 AM
Object to tone used by Rajya Sabha Chair, seek apology from him: Samajwadi Party MP Jaya Bachchan
7:39 AM
Parliament LIVE update: Waqf Bill sent to Joint Parliamentary Committee
7:31 AM
NDA stands for ‘No Data Available’ government, says Congress MP Karti Chidambaram
Claiming that there was no data on disabled people seeking services through the Ayushman Bharat scheme, Congress MP Karti Chidambaram called the ruling NDA government a ‘No Data Available’ government.
7:04 AM
Parliament news update: Govt introduces Banking Laws (Amendment) Bill, 2024, in Lok Sabha
6:54 AM
MEA Jaishankar responds to questions on Indians recruited in Russian army
External Affairs Minister S Jaishankar responded that as of now 91 Indian nationals were recruited, 8 of whom have passed away. Fourteen have been discharged and 69 are awaiting release.
6:51 AM
Parliament LIVE news: Congress MP seeks details on new COVID strains
Congress MP Manickam Tagore on Friday asked the government to share the details of the emergence and characteristics of KP-1 and KP-2 strains of the SARS-CoV-2 virus.
6:36 AM
Parliament news update: RJD MPs hold protest, demanding special status for Bihar
6:14 AM
Govt to table banking laws bill in LS, seeks to raise nominees per a/c to 4
Union Finance Minister Nirmala Sitharaman will introduce new Bills including the Banking Laws (Amendment) Bill, 2024 to amend the Reserve Bank of India Act, the Banking Regulation Act and the State Bank of India Act among others in the Lok Sabha on Friday.
5:10 AM
Preamble in NCERT books: Ramesh moves privilege notice against Pradhan
Congress General Secretary and MP Jairam Ramesh moved a privilege motion notice in the Rajya Sabha, against Union Education Minister Dharmendra Pradhan, accusing him of misleading the House (Rajya Sabha) on the issue of removal of Preamble from NCERT textbooks.
Topics : Narendra Modi Rahul Gandhi Samajwadi Party BJP Congress All India Trinamool Congress Lok Sabha Rajya Sabha
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First Published: Aug 09 2024 | 10:50 AM IST
