News for 'Business Standard the Finance Ministry'

Questions to ask about the Bad Bank

Questions to ask about the Bad Bank

Rediff.com3 Mar 2021

Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay.

'Revive the Railways? Go back to the 1950s' model'

'Revive the Railways? Go back to the 1950s' model'

Rediff.com13 Jul 2015

'There is tension between the zones all the time.'

Govt mulls easing NPA norms

Govt mulls easing NPA norms

Rediff.com18 Jan 2021

Move to increase 90-day window to 120 days to give more time to borrowers to service loans.

Toyota, Mitsui, Marubeni to sign first set of pricing pacts

Toyota, Mitsui, Marubeni to sign first set of pricing pacts

Rediff.com12 Nov 2014

APAs are part of govt's aim to move to a non-adversarial tax regime.

Bhanu Pratap Sharma is new Banks Board Bureau chief

Bhanu Pratap Sharma is new Banks Board Bureau chief

Rediff.com13 Apr 2018

Govt reconstitutes body, says will not interfere in senior PSB appointments

Modi mantra: Lean cabinet, not so lean PMO

Modi mantra: Lean cabinet, not so lean PMO

Rediff.com15 Oct 2014

The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.

Jaitley should practise what he preaches

Jaitley should practise what he preaches

Rediff.com29 Jan 2019

'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

Red signal to bullet train from Maharashtra govt

Red signal to bullet train from Maharashtra govt

Rediff.com21 Dec 2015

Expresses inability to provide land for train terminal in Bandra-Kurla Complex, a cash cow for MMRDA

Ahmedabad bullet train might miss Mumbai stop

Ahmedabad bullet train might miss Mumbai stop

Rediff.com24 Dec 2014

The Mumbai town planning agency has said it can't spare land in the commercial BKC area for a terminal due to demand from private firms

Why Budget 2020 will be different

Why Budget 2020 will be different

Rediff.com1 Jan 2020

In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.

Modi's Rs 65k-cr disclosure on I-Day didn't mean black money

Modi's Rs 65k-cr disclosure on I-Day didn't mean black money

Rediff.com20 Aug 2015

Earlier, Arun Jaitley had said 60 prosecutions had been launched on the 'HSBC list'.

'In 5 years, we might see Rs 30k cr flowing into stock markets from EPF'

'In 5 years, we might see Rs 30k cr flowing into stock markets from EPF'

Rediff.com6 Jul 2015

'EPFO's investments this financial year should be Rs 1 lakh crore'

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

Rediff.com9 Apr 2018

CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.

COVID-19 lockdown: Union ministers back to work

COVID-19 lockdown: Union ministers back to work

Rediff.com13 Apr 2020

The move to resume work in ministries comes nearly a month after the government issued work from home protocols in its fight against the coronavirus pandemic.

PNB eyes Rs 5,500 crore net profit in Q2

PNB eyes Rs 5,500 crore net profit in Q2

Rediff.com11 Jun 2018

However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19

Customers in limbo as banks, RBI thrash out differences

Customers in limbo as banks, RBI thrash out differences

Rediff.com30 Aug 2021

The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.

India-Asean services FTA in limbo over retail FDI

India-Asean services FTA in limbo over retail FDI

Rediff.com15 Apr 2014

Thailand, Indonesia want unconditional access to India's multi-brand retail space.

Bilateral investment treaty unlikely to address tax worries

Bilateral investment treaty unlikely to address tax worries

Rediff.com4 May 2015

Public purpose is not defined in any treaty that India has signed.

Sharp tax cuts on gold among steps mooted by NITI panel

Sharp tax cuts on gold among steps mooted by NITI panel

Rediff.com4 Mar 2018

While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.

How Centre's WhatsApp messages crashed MGNREGA

How Centre's WhatsApp messages crashed MGNREGA

Rediff.com26 Oct 2016

Centre's off-the-record instructions through WhatsApp and a squeeze on funds brought the rural work programme to collapse after a roaring first half of the year.

National IPR Policy to be delayed further

National IPR Policy to be delayed further

Rediff.com28 May 2015

The draft is now with ministries.

Amundi buy of Pioneer makes it sponsor of 2 funds

Amundi buy of Pioneer makes it sponsor of 2 funds

Rediff.com23 Jan 2017

One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.

Taking stock of Budget promises

Taking stock of Budget promises

Rediff.com23 Feb 2015

Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.

GST delay to cast shadow on Budget

GST delay to cast shadow on Budget

Rediff.com5 Dec 2016

Consensus seems a problem before the current session of Parliament ends.

India's very popular rural employment scheme faces tough times

India's very popular rural employment scheme faces tough times

Rediff.com4 Feb 2015

Timely payment under the MGNREGA is essential as it is a demand-driven scheme.

Govt's capital spend in H1 might jump 25% this year

Govt's capital spend in H1 might jump 25% this year

Rediff.com29 Jun 2015

In 2014-15, capital expenditure in the April-September period was Rs 99,100 crore.

How FinMin plans to keep a check on tax avoidance by MNCs

How FinMin plans to keep a check on tax avoidance by MNCs

Rediff.com9 Oct 2015

The government is studying suggestions on checking instances of double non-taxation and 'treaty shopping'

Govt to issue 'outcome budget' this week

Govt to issue 'outcome budget' this week

Rediff.com5 Feb 2018

The idea is to monitor centrally sponsored schemes, partly funded schemes, loans, programmes and any other endeavour into which funds are pumped.

Ex-SBI chief's book is frank, but is it fearless?

Ex-SBI chief's book is frank, but is it fearless?

Rediff.com4 Dec 2021

Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.

GST roll-out may be delayed, admits FinMin

GST roll-out may be delayed, admits FinMin

Rediff.com16 Aug 2016

A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment

Pvt players may run freight, passenger trains in India

Pvt players may run freight, passenger trains in India

Rediff.com21 Mar 2015

Inviting private sector in Indian Railways is a good idea.

Fresh Panama Paper leaks: Accused deny allegations

Fresh Panama Paper leaks: Accused deny allegations

Rediff.com22 Jun 2018

The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.

FDI norms may be eased to attract bidders for Air India

FDI norms may be eased to attract bidders for Air India

Rediff.com28 Oct 2019

In the aviation sector, 100 per cent FDI is allowed under automatic route for MRO (maintenance, repair, overhaul), ground handling, and aircraft purchase.

To attract more FDIs, govt mulling changes in MRP labeling norms

To attract more FDIs, govt mulling changes in MRP labeling norms

Rediff.com11 Dec 2017

India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.

Modicare: Niti Aayog gets tough, seeks 'realistic' estimates

Modicare: Niti Aayog gets tough, seeks 'realistic' estimates

Rediff.com21 Feb 2018

The government would be setting up a National Health Protection Council, National Governance Board and National Health Agency before roll-out of the scheme on August 15.

764,266 consumers step on gas to 'Giveitup'

764,266 consumers step on gas to 'Giveitup'

Rediff.com6 Jul 2015

Govt diverts Rs 253-crore subsidy savings to the poor.

'Digital payments have become a fashion statement'

'Digital payments have become a fashion statement'

Rediff.com17 Jan 2017

N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.

How did Pandemic Affect Bank Deposits?

How did Pandemic Affect Bank Deposits?

Rediff.com27 Aug 2021

The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.