News for 'Delegation of Financial Powers'

G20: From Aadhaar to UPI, 'Digital India' on display

G20: From Aadhaar to UPI, 'Digital India' on display

Rediff.com8 Sep 2023

A number of exhibitions at the Bharat Mandapam, the convention centre which will host key G20 summit meetings, will showcase India's technological prowess and innovation, and offer a multitude of unique experiences to the visitors.

7 Ways to Conquer Debt, Build Wealth

7 Ways to Conquer Debt, Build Wealth

Rediff.com25 Jan 2024

Break the chains of debt, invest in your future, and wave the flag of financial independence high. Freedom awaits, comrades. Let's conquer this battlefield together this Republic day, exhorts Vatsal Ramaiya.

Govt ushers in de-layering in bureaucracy, jt secretary reports to secretary

Govt ushers in de-layering in bureaucracy, jt secretary reports to secretary

Rediff.com29 Mar 2023

The Centre has taken a major step towards increasing efficiency in decision-making by empowering joint secretaries to report to secretaries directly, officials said on Wednesday.

Vice chiefs get free hand to boost security at terror targets

Vice chiefs get free hand to boost security at terror targets

Rediff.com28 Jul 2017

"In an unprecedented move, the ministry of defence (MoD) has decided to delegate substantial financial powers to the Armed Forces for undertaking works for perimeter security of sensitive military installations," the ministry said in a statement.

India's G20 Presidency Is Largest Ever

India's G20 Presidency Is Largest Ever

Rediff.com7 Sep 2023

The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.

Amid Doklam standoff, govt plans to speed up roads along China border

Amid Doklam standoff, govt plans to speed up roads along China border

Rediff.com21 Aug 2017

The CAG had taken a strong objection to the long delays by the BRO in constructing 61 strategically important roads.

68 per cent of army's equipment is in vintage category

68 per cent of army's equipment is in vintage category

Rediff.com13 Mar 2018

The army also stated that allocation of Rs 21,338 crore for modernisation is insufficient.

UCC Can Wait, Personal Law Reforms Can't

UCC Can Wait, Personal Law Reforms Can't

Rediff.com8 Aug 2024

Crucial reforms in Muslim personal law, especially laws related to inheritance and adoption, need to be initiated forthwith; historically speaking, without the State's backing, hardly has any reform taken place or allowed to prevail, asserts Mohammad Sajjad.

Deepak Parekh pitches for simpler corporate governance norms

Deepak Parekh pitches for simpler corporate governance norms

Rediff.com17 Nov 2022

Noted banker Deepak Parekh on Thursday pitched for simpler corporate governance norms that focus more on trust than just compliance, saying economics and ethics are not trade-offs but complementary. Behind each financial crisis there is a governance failure but it is the entire system that gets impacted, because an eruption of a corporate or financial crisis almost always means a tightening of rules and regulations and increased compliance for all, he said. The HDFC chairman, who was addressing a seminar on corporate governance organised by former Sebi chairman M Damodaran's advocacy Excellence Enablers in Mumbai, stressed that the ultimate objective should be that corporate governance systems must become simpler and not more complicated.

PSUs get more teeth; can decide on closure, divestment

PSUs get more teeth; can decide on closure, divestment

Rediff.com18 May 2022

The Cabinet on Wednesday empowered boards of state-owned companies to decide on the closure and divestment of units/subsidiaries. Presently, the Board of Directors of holding or parent public sector enterprises have been delegated certain powers to make equity investments to establish financial joint ventures and wholly-owned subsidiaries and undertake mergers/acquisitions, subject to certain ceilings of net worth. However, the Boards do not have powers for disinvestment or closure of their subsidiaries or units or stake in JVs, except for some limited powers given to Maharatna PSEs for minority stake disinvestment in their subsidiaries.

Govt nod for replacing DGCA with new regulator

Govt nod for replacing DGCA with new regulator

Rediff.com11 Jul 2013

The new regulatory body would be called the Civil Aviation Authority and would replace the Directorate General of Civil Aviation.

Top 10 Skills To Succeed At Work

Top 10 Skills To Succeed At Work

Rediff.com26 Mar 2024

Digital literacy is emerging as the professional language of 2024. It is the ability to process complex data sets, deploy critical communication technologies appropriately and validate your importance at your workplace, explains Jagdeep Kochar, managing director, Baker & Taylor India.

Beware! The Yellow Dragon Is Awake!

Beware! The Yellow Dragon Is Awake!

Rediff.com2 Nov 2023

Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.

'Sheikh Abdullah Was Genuinely Secular'

'Sheikh Abdullah Was Genuinely Secular'

Rediff.com9 May 2024

'Sheikh Abdullah ruled the state with secular values. Post 1953, when he was sacked, corruption took over governance.'

Power minister woos investors in US; meets PE giants Blackstone, Warburg

Power minister woos investors in US; meets PE giants Blackstone, Warburg

Rediff.com22 Apr 2016

The power minister briefed the investors on various steps undertaken by the government.

Govt plans another trip of foreign envoys to J-K

Govt plans another trip of foreign envoys to J-K

Rediff.com16 Feb 2021

Showcasing the efforts of the Centre for ensuring democracy at grass-roots level, the newly-elected members of the DDC would be meeting besides holding a meeting with a few prominent citizens and administrative secretaries.

Xi's China Dream Gets India Pushback

Xi's China Dream Gets India Pushback

Rediff.com15 Sep 2023

As India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.

Will Pawan Kalyan Be Washed Away In Andhra Politics?

Will Pawan Kalyan Be Washed Away In Andhra Politics?

Rediff.com24 Aug 2023

Many often stereotype Andhra Pradesh politics as being star-struck, but as Pawan Kalyan's political journey shows, stars are turning out to be a passing cloud.

G20 Summit: Dream Come True For India

G20 Summit: Dream Come True For India

Rediff.com11 Sep 2023

India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.

Watch Konkona's Killer Magic On OTT

Watch Konkona's Killer Magic On OTT

Rediff.com18 Jan 2024

Some of her best films are not available on streaming platforms, but Deepa Gahlot looks at her Hindi cinema oeuvre on OTT.

Foreign envoys in Kashmir to study situation on ground

Foreign envoys in Kashmir to study situation on ground

Rediff.com17 Feb 2021

A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.

ISIS terror funding: India meets global eco powers in Paris

ISIS terror funding: India meets global eco powers in Paris

Rediff.com13 Dec 2015

India along with major world economies is participating in the first-ever global meeting being held here to discuss and evolve mechanisms to combat the clandestine and largely undetected terrorist financing network of the Islamic State terror group.

ED to quiz Soren's ex-principal secy in PMLA case linked to Pooja Singhal

ED to quiz Soren's ex-principal secy in PMLA case linked to Pooja Singhal

Rediff.com14 Mar 2023

Ekka, who is embroiled in the controversy for allegedly signing official documents at a private place, was removed from the post following Bharatiya Janata Party's allegation of his conniving with middlemen.

Modi wants G20 to draw inspiration from 'vibrancy of Indian economy'

Modi wants G20 to draw inspiration from 'vibrancy of Indian economy'

Rediff.com24 Feb 2023

Prime Minister Narendra Modi on Friday expressed hope that G20 will draw inspiration from the vibrancy of the Indian economy and work towards bringing back stability, confidence and growth on the global landscape.

To boost perimeter security, govt sanctions Rs 1,487 cr to army

To boost perimeter security, govt sanctions Rs 1,487 cr to army

Rediff.com10 Feb 2018

Perimeter security will be strengthened at army bases under six commands, the sources said.

Maharashtra farmers call off long march to Mumbai

Maharashtra farmers call off long march to Mumbai

Rediff.com18 Mar 2023

The march had started from Dindori town, located around 195 km away from Mumbai, on March 12 demanding relief of Rs 600 per quintal to onion growers hit by price crash, 12-hour uninterrupted power supply to farmers, and waiver of farm loans.

Himalayan yogi influenced former NSE MD's decisions: Sebi order

Himalayan yogi influenced former NSE MD's decisions: Sebi order

Rediff.com12 Feb 2022

Ramkrishna gave 'frequent, arbitrary and disproportionate' increase in compensation to Subramanian when there was no evidence of any performance evaluation being done for him and nor was there any evidence to satisfy the rating of A+ given to him for giving such high increment.

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

Amit Shah assures statehood to J-K at appropriate time

Amit Shah assures statehood to J-K at appropriate time

Rediff.com13 Feb 2021

Replying to a discussion on the Jammu and Kashmir Reorganisation (Amendment) Bill, he also slammed some Opposition members for their claim that the proposed law negates the hopes of the region getting back its erstwhile statehood.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

2 charred bodies in car: Raj cops nab man linked to cow vigilante group

2 charred bodies in car: Raj cops nab man linked to cow vigilante group

Rediff.com17 Feb 2023

The family members of the deceased had named five men linked to the Bajrang Dal in their complaint to the police.

Who Is RESPONSIBLE For The NSE Mess?

Who Is RESPONSIBLE For The NSE Mess?

Rediff.com22 Feb 2022

In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.

Why India was made the Fall Guy at COP26

Why India was made the Fall Guy at COP26

Rediff.com17 Nov 2021

The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.

Budget merger: What it means for the Railways

Budget merger: What it means for the Railways

Rediff.com21 Sep 2016

Railways to have functional autonomy, bear salary burden

Former NSE MD-CEO Chitra Ramkrishna, her advisor ran a 'money-making scheme': Sebi

Former NSE MD-CEO Chitra Ramkrishna, her advisor ran a 'money-making scheme': Sebi

Rediff.com18 Feb 2022

Former NSE managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna and group operating officer and her advisor Anand Subramanian ran a 'money-making scheme' during their stint at the National Stock Exchange (NSE), markets regulator Securities and Exchange Board of India (Sebi) has alleged. The order passed by Sebi dated February 11 highlights frequent increase in the compensation package of without proper appraisal, documentation or file notings, and the involvement of the human resource (HR) head or the nomination and remuneration committee. Furthermore, the order talks about Subramanian being directed to "withdraw and surrender" to the unknown person a gross amount per month as "gratitude".

How Lalit Modi delayed signing of Kochi IPL team

How Lalit Modi delayed signing of Kochi IPL team

Rediff.com28 Jun 2022

According to one of the Kochi team co-owners, Modi had driven them to 'madness'.

A Serendipitous Civil Service Career

A Serendipitous Civil Service Career

Rediff.com22 Dec 2022

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.

Soon, it will be time to say: 'Bye Bye DGCA'

Soon, it will be time to say: 'Bye Bye DGCA'

Rediff.com20 Aug 2013

The Civil Aviation Authority of India Bill 2013, which was introduced by Minister of State for Civil Aviation K C Venugopal, would provide the CAA full operational and financial autonomy to regulate all issues concerning civil aviation safety and protect the interests of consumers in a fast-changing aviation scenario.

COP27 Does Little On Climate Change

COP27 Does Little On Climate Change

Rediff.com26 Nov 2022

The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.

For Taliban, US is Important

For Taliban, US is Important

Rediff.com9 Oct 2021

The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.