New Delhi: The parliamentary panel on information technology will continue to be chaired by Congress leader Shashi Tharoor, whose decisions to summon Facebook executives and take up the suspension of 4G internet services in J&K had drawn criticism from the committee's BJP members, some of whom had even sought his ouster.

Lok Sabha Speaker Om Birla in consultation with Rajya Sabha Chairman M Venkaiah Naidu on Tuesday announced the composition of several reconstituted parliamentary standing committees, with former Union Minister and Akali Dal MP Harsimrat Kaur Badal being made a member of the panel on external affairs.

Badal recently resigned from the Union Cabinet in protest against the farm bills.

According to the list released by the Lok Sabha Secretariat, Tharoor will continue to chair the Parliamentary Standing Committee on Information and Technology.

A bitter slugfest had broken out between Tharoor and BJP MP and member of the parliamentary panel of information technology Nishikant Dubey over the suspension of 4G services in Jammu and Kashmir and summoning of Facebook executives over alleged misuse of the social media platform for hate-speech.

Besides Tharoor, various other Congress leaders who were critical of the government as chairperson of their respective parliamentary panels have been retained.

Congress leader Anand Sharma will continue to chair the parliamentary panel on home affairs and Jairam Ramesh will remain the head of the panel on environment and science and technology.

The chairperson of all parliamentary standing committees have been retained.

YSR Congress's Vijaysai Reddy has been reappointed the chairperson of the Parliamentary Standing Committee on Commerce, Samajwadi Party's Ram Gopal Yadav of Health, TRS's K Keshava Rao of Industry, TMC's Sudip Bandyopadhyay of Food, Consumer Affairs and Public Distribution, BJD's Bhartruhari Mahtab of Labour.

DMK's Kanimozhi will continue to lead the panel on chemicals and fertilizers and JD(U)'s Rajiv Ranjan Singh will head the panel on energy.

All remaining chairpersons of the parliamentary standing committees, most of who are from the BJP, have also not been changed.

The department-related parliamentary standing committees are constituted for a period of one year and comprise 21 members from Lok Sabha and 10 from Rajya Sabha.

 

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New Delhi (PTI): Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global cues, according to the All India Sarafa Association.

The precious metal of 99.9 per cent purity had surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams on Monday. The metal rose by Rs 6,000 over the previous four days, trading at record highs.

"Gold prices witnessed profit booking and remained volatile, with the yellow metal slipping towards the USD 4,275 level in global markets and staying under pressure," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said.

Echoing sentiments, Dilip Parmar, Research Analyst, HDFC Securities, said, "Domestic gold prices also softened, curtailing a four-day advance. These losses were, however, notably mitigated by the persistent weakness in the Indian Rupee which quoted at a record low level".

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In the local bullion markets, silver prices also depreciated by Rs 1,000 to Rs 1,98,500 per kilogram (inclusive of all taxes). The white metal had ended flat at Rs 1,99,500 per kg, also its all-time high level, as per the association.

Parmar added that physical jewellery demand is expected to be subdued commensurate with the onset of the inauspicious period, investment demand is forecast to remain robust, a tendency driven by prevailing risk-averse market sentiments.

In the international markets, spot gold snapped a five-day winning streak, declining by USD 27.80, or 0.65 per cent, to USD 4,277.42 per ounce.

"Gold prices experienced a modest decline, easing following five consecutive sessions of appreciation, as market participants strategically positioned themselves ahead of a critical suite of US economic data releases this week," Dilip Parmar said.

These incoming reports are poised to offer significant clarity regarding the Federal Reserve's predilection for implementing further interest-rate cuts, a key macroeconomic catalyst for the non-yielding asset, he added.

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Spot silver also dropped by USD 1.07, or 1.67 per cent, to USD 63.02 per ounce in the overseas markets.

Bullion prices are trading lower as caution prevails ahead of US nonfarm payroll (NFP) data to be released later in the day, which will show NFP figures of both October and November, Praveen Singh, Research Analyst, Mirae Asset ShareKhan, said.