News for '-finance-department'

Schools shut, leaves cancelled, blackout in many states as tensions soar

Schools shut, leaves cancelled, blackout in many states as tensions soar

Rediff.com8 May 2025

Several Indian states bordering Pakistan have implemented stringent security measures, including school closures, blackouts, and cancellation of leave for police and administrative personnel, in response to escalating tensions between India and Pakistan. These measures were taken after India conducted airstrikes on terror infrastructure in Pakistan in retaliation for the April 22 Pahalgam massacre. Punjab, Haryana, Rajasthan, Gujarat, and West Bengal have all implemented these precautionary measures.

Waqf Bill vote: BJD leaders seeks action own MP

Waqf Bill vote: BJD leaders seeks action own MP

Rediff.com5 Apr 2025

Senior leaders of the Biju Janata Dal (BJD) in India are calling for action against Rajya Sabha MP and national spokesperson Sasmit Patra for allegedly creating confusion among lawmakers regarding the Waqf (Amendment) Bill. The controversy arose after Patra, despite the party's announced opposition to the Bill, revealed he had voted in favor of it and stated that MPs could vote according to their conscience. The situation has led to accusations of a possible "deal" between the BJD and the Bharatiya Janata Party (BJP).

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

80 more flights get bomb threats, Rs 600 crore lost

80 more flights get bomb threats, Rs 600 crore lost

Rediff.com22 Oct 2024

Nearly 80 domestic and international flights received bomb threats in less than 24 hours that later turned out to be hoaxes, keeping thousands of passengers and security agencies on tenterhooks.

England's Pakistan tour hanging in balance

England's Pakistan tour hanging in balance

Rediff.com13 Sep 2024

'The Chairman has made it clear that relocating the series would damage the image of the PCB, and Rawalpindi and Multan should be used as the venues for the three-match series.'

Pakistan gets $70 million for hosting Champions Trophy

Pakistan gets $70 million for hosting Champions Trophy

Rediff.com1 Aug 2024

The ICC has approved a budget of approximately USD 70 million for holding the Champions Trophy in Pakistan early next year.

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Rediff.com30 Sep 2024

Union minister Nitin Gadkari has said the Maharashtra government's Ladki Bahin scheme, introduced to provide financial assistance to women, could affect the timely payment of subsidies in other sectors.

What's Holding Up Candidate Lists In Maharashtra?

What's Holding Up Candidate Lists In Maharashtra?

Rediff.com22 Oct 2024

The strains are telling as old friends and new enemies face each other in the battlefield.

Centre gives more powers to JK L-G; Oppn slams move

Centre gives more powers to JK L-G; Oppn slams move

Rediff.com13 Jul 2024

The L-G will take decisions on police, officers of all-India services such as the IAS and the IPS, and giving sanction for prosecution in various cases.

Want To Open PPF Account For Your Child?

Want To Open PPF Account For Your Child?

Rediff.com10 Sep 2024

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Rajasthan CM Confronts Dire Financial Crunch

Rajasthan CM Confronts Dire Financial Crunch

Rediff.com28 Dec 2023

Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.

Delhi minister loses portfolio after LG recalls files

Delhi minister loses portfolio after LG recalls files

Rediff.com9 Dec 2023

Kailash Gahlot was divested of the Law and Justice portfolio in the Aam Aadmi Party government on Friday, a day after Lieutenant Governor V K Saxena recalled files related to judicial infrastructure and administration in New Delhi as they remained pending with him for months, officials said.

Delhi govt reshuffle: Atishi gets finance, revenue; now holds 12 portfolios

Delhi govt reshuffle: Atishi gets finance, revenue; now holds 12 portfolios

Rediff.com30 Jun 2023

Atishi along with Saurabh Bharadwaj was inducted into the cabinet following the resignation of Manish Sisodia and Satyendar Jain after their arrest.

SC directs quick release of 2 UP officials held on HC orders in contempt case

SC directs quick release of 2 UP officials held on HC orders in contempt case

Rediff.com20 Apr 2023

The matter was mentioned for urgent hearing before a bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha, which took it up on board.

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

Rediff.com29 May 2023

Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

Ajit Pawar alleges Rs 500 cr scam in I&B when Fadnavis was CM in 2019

Ajit Pawar alleges Rs 500 cr scam in I&B when Fadnavis was CM in 2019

Rediff.com9 Mar 2023

Leader of Opposition in the Maharashtra legislative assembly Ajit Pawar on Thursday alleged that a scam of Rs 500 crore took place in the state information and publicity department during the tenure of the government led by Devendra Fadnavis.

Ahead of June 1 cabinet, Sidda meets officials on implementing poll guarantees

Ahead of June 1 cabinet, Sidda meets officials on implementing poll guarantees

Rediff.com29 May 2023

The chief minister on Monday held consultations with senior officials of finance, transport, food and civil supplies, energy and other departments and asked them to prepare a report on the implementation of the guarantees.

Provide Aadhaar cards to displaced people, SC directs UIDAI, Manipur govt

Provide Aadhaar cards to displaced people, SC directs UIDAI, Manipur govt

Rediff.com25 Sep 2023

Observing that it does not propose to run the administration in Manipur, the apex court said necessary verifications shall be carried out before issuing the Aadhaar cards expeditiously.

Next round of G20 meetings in Gujarat from March 27

Next round of G20 meetings in Gujarat from March 27

Rediff.com22 Mar 2023

Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.

Scamsters dupe SII of over Rs 1cr posing as Adar Poonawala

Scamsters dupe SII of over Rs 1cr posing as Adar Poonawala

Rediff.com11 Sep 2022

An FIR was launched against some unidentified persons for cheating the SII for more than Rs 1 crore, said the officials on Sunday.

Renovation of Kejriwal's residence cost Rs 52 crore: Report to LG

Renovation of Kejriwal's residence cost Rs 52 crore: Report to LG

Rediff.com25 May 2023

The cost of Rs 52.71 crore included Rs 33.49 crore spent on the construction of the house and Rs 19.22 crore on a camp office for the chief minister, the report said, citing records of the Public Works Department (PWD).

CBI grills Satya Pal Malik for 5 hrs over his claim in bribery cases

CBI grills Satya Pal Malik for 5 hrs over his claim in bribery cases

Rediff.com28 Apr 2023

A Central Bureau of Investigation team on Friday arrived at the Som Vihar residence of former Jammu and Kashmir governor Satya Pal Malik in connection with its probe in the alleged insurance "scam" in the Union territory which came to light after his statement that he was offered bribes to clear related files, officials said.

CBI searches home of Satya Pal Malik's ex-aide, others in insurance scam

CBI searches home of Satya Pal Malik's ex-aide, others in insurance scam

Rediff.com17 May 2023

The Central Bureau of Investigation on Wednesday conducted searches at the premises of Sunak Bali, who was an aide of Satya Pal Malik when he was the governor of Jammu and Kashmir, and 11 other locations in Delhi and Rajasthan in the alleged insurance scam case, officials said.

Stalin sacks PTR as finance minister, gives him IT and digital services

Stalin sacks PTR as finance minister, gives him IT and digital services

Rediff.com11 May 2023

Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.

Five guarantees: Karnataka cabinet to decide on June 2

Five guarantees: Karnataka cabinet to decide on June 2

Rediff.com31 May 2023

Asserting that his government will implement the five poll 'guarantees' promised ahead of the assembly polls, Karnataka Chief Minister Siddaramaiah on Wednesday said officials have shared their inputs on financial implications, and the cabinet will meet on June 2 to decide on the implementation.

CBI calls J-K ex-governor Satya Pal Malik for questioning in insurance 'scam'

CBI calls J-K ex-governor Satya Pal Malik for questioning in insurance 'scam'

Rediff.com22 Apr 2023

The Central Bureau of Investigation has asked former Jammu and Kashmir governor Satya Pal Malik to answer certain queries in connection with an alleged insurance scam in the Union Territory, officials said on Friday.

The Importance Of Being Siddaramaiah

The Importance Of Being Siddaramaiah

Rediff.com19 May 2023

Siddaramaiah, who hails from the shepherd Kuruba caste, holds the record for presenting the highest number of Budgets in Karnataka -- 13 so far. He has often spoken about how he was mocked in 1994 before he presented his first Budget. 'Some people asked, "Can he count sheep?",' Siddaramaiah told a regional news channel.

US snubs Pak journalist's question over I-T surveys at BBC offices

US snubs Pak journalist's question over I-T surveys at BBC offices

Rediff.com16 Feb 2023

Notably, Pakistani journalist Ali, cited the BBC documentary on the 2002 Gujarat riots and said he "regretted" that no US official had criticized it, while the US State Department highlighted the close relationship between the two countries, especially over shared values.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

Why Amit Mitra is important to Mamata

Why Amit Mitra is important to Mamata

Rediff.com27 Nov 2021

No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.

Fodder scam case: J'khand HC defers hearing into Lalu's petition

Fodder scam case: J'khand HC defers hearing into Lalu's petition

Rediff.com9 Apr 2022

73-year-old Prasad is in custody following his conviction and sentence by a Central Bureau of Investigation court in February in a fodder scam case involving embezzlement of over Rs 139 crore from Doranda treasury.

Fodder scam: Lalu Prasad gets bail in Doranda Treasury case

Fodder scam: Lalu Prasad gets bail in Doranda Treasury case

Rediff.com22 Apr 2022

The former Bihar Chief Minister was sentenced to five years in prison and slapped a fine of Rs 60 lakh by a special CBI court in Ranchi in connection with the fifth fodder scam case involving embezzlement of over Rs 139 crore by Doranda treasury.

Jharkhand govt forms panel to probe ropeway accident

Jharkhand govt forms panel to probe ropeway accident

Rediff.com20 Apr 2022

The committee will submit its report in two months and its chairperson can invite any expert of any institution in the country to help in the probe into the April 10 tragedy, a notification by Jharkhand tourism department said.

Group Mediclaim: 7 Benefits To Know

Group Mediclaim: 7 Benefits To Know

Rediff.com12 Jul 2022

Sanil Basutkar, Co-founder, HealthySure, lists the benefits of availing a group health insurance policy.

LG-Kejriwal tussle refuses to die down despite one-hour meeting

LG-Kejriwal tussle refuses to die down despite one-hour meeting

Rediff.com14 Jan 2023

Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.

Will Kerala Go North-East Way To BJP?

Will Kerala Go North-East Way To BJP?

Rediff.com13 Mar 2023

If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.

100% lockdown not required, but...: Maha health minister

100% lockdown not required, but...: Maha health minister

Rediff.com5 Jan 2022

Tope stressed on the need to impose restrictions wherever there is crowding.