News for '-nirmala'

Interim Budget: No, Just A True Vote On Account!

Interim Budget: No, Just A True Vote On Account!

Rediff.com1 Feb 2024

She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.

Dear Nirmalaji, increase home loan deduction limit

Dear Nirmalaji, increase home loan deduction limit

Rediff.com8 Jan 2021

A businesswoman from Gujarat tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.

Suvendu's Career Hinges On Tamluk

Suvendu's Career Hinges On Tamluk

Rediff.com25 May 2024

'The life of his political career is dependent on success in this constituency.'

Dear Nirmalaji, please make cooking oil cheaper

Dear Nirmalaji, please make cooking oil cheaper

Rediff.com5 Jan 2021

A newspaper vendor from Neknoor in Maharashtra tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.

Had to move court for telecast of Ayodhya event in Tamil Nadu: BJP

Had to move court for telecast of Ayodhya event in Tamil Nadu: BJP

Rediff.com22 Jan 2024

The Bharatiya Janata Party vs ruling Dravida Munnetra Kazhagam battle over live telecast of the Ayodhya Ram temple consecration in Tamil Nadu shrines reached the Supreme Court on Monday, with the apex court asking the authorities to act in accordance with the law and not based on any oral instructions.

12 Modi Myths Election Results Busted

12 Modi Myths Election Results Busted

Rediff.com11 Jun 2024

'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.

Mumbai police detain 3 youths from Gujarat over bomb threat email to RBI

Mumbai police detain 3 youths from Gujarat over bomb threat email to RBI

Rediff.com28 Dec 2023

The police said that the threat email was sent from the accused, Mohammed Arshil's ID.

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rediff.com13 Feb 2021

Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.

'Economy Is Not Creating Enough Jobs'

'Economy Is Not Creating Enough Jobs'

Rediff.com27 May 2024

'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'

Capex hiked by a modest 11% to Rs 11.11 lakh crore

Capex hiked by a modest 11% to Rs 11.11 lakh crore

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday made a modest increase of 11 per cent in capital expenditure (capex) to Rs 11.11 lakh crore for the next financial year as private investment picks up. The government had hiked capex by 37.5 per cent to Rs 10 lakh crore for the current fiscal. Against this, the government expects to spend Rs 9.5 lakh crore in the financial year ending March 2024.

Budget: Tourism infra to be developed on Lakshadweep, other ports

Budget: Tourism infra to be developed on Lakshadweep, other ports

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday said projects for port connectivity, tourism infrastructure and amenities will be taken up 'on our islands, including Lakshadweep' to address the 'emerging fervour' for domestic tourism in the country.

Indian economy witnessed profound positive transformation in last 10 years: FM

Indian economy witnessed profound positive transformation in last 10 years: FM

Rediff.com1 Feb 2024

Structural reforms, pro-people programmes and employment opportunities helped the economy get new vigour, the finance minister said. After contracting by 5.8 per cent in 2020-21, the economy recorded a growth of 9.1 per cent in 2021-22.

Will Thiruvanathapuram Elect Tharoor A 4th Time?

Will Thiruvanathapuram Elect Tharoor A 4th Time?

Rediff.com24 Apr 2024

24 hours before campaigning ends in Thiruvanathapuram, Archana Masih/Rediff.com discovers Shashi Tharoor and his BJP rival Rajeev Chandrasekhar are busy getting their message across to voters.

Dry Day Review: Jitendra Kumar Gets A Thumbs Up Again

Dry Day Review: Jitendra Kumar Gets A Thumbs Up Again

Rediff.com22 Dec 2023

There is an authenticity and sense of purpose about Dry Day which is appealing, observes Deepa Gahlot.

Rs 47.66 lakh cr: Size of Sitharaman's sixth budget

Rs 47.66 lakh cr: Size of Sitharaman's sixth budget

Rediff.com1 Feb 2024

The size of Budget 2024-25 has increased 6.1 per cent to Rs 47.66 lakh crore because of the rise in expenditure and higher allocation for capital expenditure and social sector schemes.

Why BJP seniors are rattled by Nirmala's elevation

Why BJP seniors are rattled by Nirmala's elevation

Rediff.com5 Sep 2017

The BJP's faces for 2019 will be Dharmendra Pradhan, Piyush Goyal, Nirmala Sitharaman, Yogi Adityanath and Devendra Fadnavis, says R Rajagopalan.

'Nobody's Asking Where Money Will Come For Freebies'

'Nobody's Asking Where Money Will Come For Freebies'

Rediff.com24 May 2024

'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'

Tablet in a red pouch, FM presents 3rd paperless Budget

Tablet in a red pouch, FM presents 3rd paperless Budget

Rediff.com1 Feb 2024

Sitharaman, India's first full-time woman finance minister, had in July 2019 ditched the colonial legacy of a Budget briefcase for the traditional 'bahi-khata' to carry Union Budget papers.

Nirmala critical of Rajan's 'one-eyed king' phrase

Nirmala critical of Rajan's 'one-eyed king' phrase

Rediff.com18 Apr 2016

Union Minister Nirmala Sitharaman was on Monday critical of RBI Governor Raghuram Rajan's description of Indian economy as the "one-eyed king in the land of the blind", saying better words should have been used.

Dear Nirmalaji, let homemakers get a salary

Dear Nirmalaji, let homemakers get a salary

Rediff.com22 Jan 2021

Hatneihoi Hangshing, a law student from Nagaland, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Events linked to Ram temple banned, says Sitharaman; TN govt denies charge

Events linked to Ram temple banned, says Sitharaman; TN govt denies charge

Rediff.com21 Jan 2024

Citing a Tamil daily's reportage, Union Finance Minister Nirmala Sitharaman on Sunday alleged that the Tamil Nadu government administered temples have barred puja for Lord Ram on the day of the consecration of the grand temple in Ayodhya, which was dismissed by the state as a false news with ulterior motives.

How Modi govt brought economy back on track: White Paper

How Modi govt brought economy back on track: White Paper

Rediff.com8 Feb 2024

The 54-page document tabled in Parliament detailed how the Modi-government pull the economy from being counted among the most fragile-five in the world to being the fasted growing and the most attractive investment destination.

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

Rediff.com2 Mar 2021

Taking lessons from that, I would think seamless digital payments is something you have to clearly have a roadmap for, the FM said.

BJP manifesto promises to 'maintain peace in Northeast'

BJP manifesto promises to 'maintain peace in Northeast'

Rediff.com14 Apr 2024

In its election manifesto -- 'Sankalp Patra' -- the Bharatiya Janata Party has vowed to implement the Union Civil Code (UCC), maintain peace in the Northeast, among other key poll promises.

No 'spectacular announcement' likely in February 1 Budget: Sitharaman

No 'spectacular announcement' likely in February 1 Budget: Sitharaman

Rediff.com7 Dec 2023

Finance Minister Nirmala Sitharaman on Thursday said the budget to be presented on February 1, 2024 would not have any "spectacular announcement" as it would be a vote on account in run up to the general elections. "It is a matter of truth that February 1, 2024 budget that will be announced will just be a vote on account because we will be in an election mode. "So the budget that the government presents will just be to meet the expenditure of the government till a new government comes to play," she said.

Dear Nirmalaji, please reduce the tax on diesel

Dear Nirmalaji, please reduce the tax on diesel

Rediff.com6 Jan 2021

A truck driver from Kerala tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.

Aid for Maldives cut, Bhutan gets largest share from MEA pie

Aid for Maldives cut, Bhutan gets largest share from MEA pie

Rediff.com1 Feb 2024

In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with the allocation of Rs 2,068 crore.

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Rediff.com24 Feb 2024

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet's nod to bring amendments to the existing SEZ Act, 2005 late last year. The plan, thereafter, was to introduce the Bill in the winter session of Parliament. Cabinet's approval remains pending.

BJP banks on 'Modi magic' to tide over Rajput ire

BJP banks on 'Modi magic' to tide over Rajput ire

Rediff.com21 Apr 2024

Facing protests from a section of the Rajput community over Union Minister Parshottam Rupala's remarks, the Bharatiya Janata Party in Rajasthan's Chittorgarh -- a Rajput-dominated seat -- is hoping that the 'Modi factor' and the development work undertaken by his government will help it retain the Lok Sabha constituency.

Women's unemployment rate at 16-month low; labour participation declines

Women's unemployment rate at 16-month low; labour participation declines

Rediff.com14 Feb 2024

The unemployment rate for women was last this low around Diwali in 2022. The unemployment rate has dropped for women from 14.9 per cent in December 2023 to 11 per cent in January 2024, according to data from the Centre for Monitoring Indian Economy (CMIE). It was higher in January 2023 at 13.5 per cent.

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Rediff.com25 Apr 2024

In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.

Base effect to hit life insurers' March biz

Base effect to hit life insurers' March biz

Rediff.com21 Mar 2024

New business premium (NBP) growth of life insurers in March is expected to be weak owing to the high base effect in the year-ago period due to revision in taxation norms for high-value policies, insurers said. In the Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit-linked insurance plans or Ulips) with an aggregate premium exceeding Rs 5 lakh would be taxed. This rule came into effect on April 1, 2023. In March 2023, the NBP of life insurance companies witnessed a strong growth after the tax announcement. Premiums rose by 14.45 per cent year-on-year (Y-o-Y) to Rs 59,608.83 crore in March 2023 from Rs 52,081.12 crore.

Health ministry's allocation hiked by 12.59% to Rs 90,659 cr

Health ministry's allocation hiked by 12.59% to Rs 90,659 cr

Rediff.com1 Feb 2024

The government also announced that healthcare cover under the Ayushman Bharat insurance scheme will be extended to all ASHA and anganwadi workers and helpers.

Nirmalaji, don't waste this chance!

Nirmalaji, don't waste this chance!

Rediff.com10 Dec 2019

'When growth drops precipitously from 7% to 4.5% in four quarters, it is for all practical purposes a recession' notes T N Ninan.

How will the markets fare in the Budget week?

How will the markets fare in the Budget week?

Rediff.com28 Jan 2024

Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.

Why TVs Are Going To Cost More

Why TVs Are Going To Cost More

Rediff.com5 Feb 2024

'On the final product, there can be an increase of a minimum of 10 per cent in February and March.'

Dear Nirmalaji: 'Everybody should be given a job'

Dear Nirmalaji: 'Everybody should be given a job'

Rediff.com13 Jan 2021

Dhrupadi Ghosh, who works for a magazine in Kolkata, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.

'Nation forgot us': Manipur women traders mull election boycott

'Nation forgot us': Manipur women traders mull election boycott

Rediff.com5 Apr 2024

Questioning the relevance of the electoral process amidst the ongoing turmoil, the women traders from various market associations, are contemplating a boycott of the polls with their major grievance being -- 'the nation forgot Manipur'.

National pension system added 21.5% fewer corporate subscribers in 2023

National pension system added 21.5% fewer corporate subscribers in 2023

Rediff.com4 Mar 2024

The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes. Data collated from the Ministry of Statistics and Programme Implementation (MoSPI) reveals that the corporate component is voluntary in nature and saw 158,212 new subscribers in 2023 compared to 201,517 during 2022.