News for 'Department of Economic Affairs Ministry of Finance'

Hardik Patel fallout: Home Secy Goyal gets the boot

Hardik Patel fallout: Home Secy Goyal gets the boot

Rediff.com31 Aug 2015

The Narendra Modi government on Monday sprang a surprise when it appointed senior IAS officer Rajiv Mehrishi as Union home secretary in place of incumbent L C Goyal, who sought voluntary retirement after taking over the charge seven months ago.

What Are The Aims Of India's Indo-Pacific Policy?

What Are The Aims Of India's Indo-Pacific Policy?

Rediff.com26 Jun 2023

India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.

Budget 2020: Govt clarifies on NRI tax

Budget 2020: Govt clarifies on NRI tax

Rediff.com3 Feb 2020

The ministry said it was an anti-abuse provision amid growing instances of NRIs shifting their stay in low or no-tax jurisdiction to avoid tax payment in India.

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Rediff.com13 Mar 2015

The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.

Demonetisation: Centre files caveat, SC may hear plea on Nov 15

Demonetisation: Centre files caveat, SC may hear plea on Nov 15

Rediff.com10 Nov 2016

The PIL filed by Delhi-based lawyer Vivek Narayan Sharma has termed the notification of DEA as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes

FinMin not stamping postal bank plan

FinMin not stamping postal bank plan

Rediff.com7 Apr 2014

Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.

How India can boost infrastructure projects

How India can boost infrastructure projects

Rediff.com12 Jul 2016

To attract capital into infrastructure projects, the ratings system needs a fresh look.

Economists in India: Endangered species?

Economists in India: Endangered species?

Rediff.com21 Jul 2016

The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.

Govt focuses on countryside in cash distress

Govt focuses on countryside in cash distress

Rediff.com14 Nov 2016

For the urban population, recalibration of ATMs has already started and they will start dispensing the new Rs 2,000 currency notes from Monday or Tuesday.

Panel suggestions likely to lessen farmers' woes

Panel suggestions likely to lessen farmers' woes

Rediff.com24 Apr 2018

Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.

Why RBI should have cut rates

Why RBI should have cut rates

Rediff.com6 Oct 2017

A cut in rates would have encouraged the banks to lend aggressively on the retail front.

At current rate, all Indians will be vaccinated by Sept 2022

At current rate, all Indians will be vaccinated by Sept 2022

Rediff.com28 Jun 2021

865 million Indian adults require vaccination.

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Rediff.com3 Oct 2016

About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government

Govt report card shows slow start to key projects

Govt report card shows slow start to key projects

Rediff.com3 Mar 2015

The 'Smart Cities' project is one that has faced many hurdles.

The most powerful PMO in India's history

The most powerful PMO in India's history

Rediff.com10 Oct 2017

From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.

FinMin not in favour of tightening FDI norms in pharma

FinMin not in favour of tightening FDI norms in pharma

Rediff.com15 Oct 2013

The Department of Industrial Policy and Promotion in its draft Cabinet has proposed to further tighten the rules for foreign direct investment in brownfield pharmaceutical sector.

'At least 100 tonnes of gold can be mined a year in India'

'At least 100 tonnes of gold can be mined a year in India'

Rediff.com8 Feb 2018

While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Rediff.com1 Mar 2018

Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.

Modi govt has been slow to match its rhetoric in reforms: US

Modi govt has been slow to match its rhetoric in reforms: US

Rediff.com6 Jul 2016

US State Department's report said that this has resulted in many investors retreating slightly from their once forward-leaning support of the BJP-led government

Who will bell the Ponzi schemes?

Who will bell the Ponzi schemes?

Rediff.com16 Nov 2015

Even Delhi does not have a full-time registrar of chits.

FDI from China drops to $141 million in 4 years

FDI from China drops to $141 million in 4 years

Rediff.com25 Oct 2018

Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures

Govt's stake sale plans set for a Diwali boost

Govt's stake sale plans set for a Diwali boost

Rediff.com24 Jul 2014

The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.

Factbox: Potential successors to RBI chief Rajan

Factbox: Potential successors to RBI chief Rajan

Rediff.com28 Jun 2016

Here is some background on the candidates seen as potential successors to Rajan at the RBI

Prolonged lockdown to make India's water crisis worse

Prolonged lockdown to make India's water crisis worse

Rediff.com4 May 2020

Making water available is always a serious challenge in the summer for all public authorities. This year, the challenge is higher when hand-washing at every opportunity has become a necessity. So keeping potable water lines running without a glitch has become most necessary.

All the Prime Minister's officers

All the Prime Minister's officers

Rediff.com16 Aug 2016

The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.

CBDT shelves proposal to tax India-dedicated funds

CBDT shelves proposal to tax India-dedicated funds

Rediff.com18 Jan 2017

CBDT circular issued last month had raised multiple taxation concerns.

Plea in SC against ban on Rs 500, Rs 1,000 notes

Plea in SC against ban on Rs 500, Rs 1,000 notes

Rediff.com9 Nov 2016

The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".

Govt to lower long-term capital gains tax to boost start-ups

Govt to lower long-term capital gains tax to boost start-ups

Rediff.com16 Jan 2016

Jaitley assured that both the banking system and the government will make the resources available to them.

Biden's Taiwan Threat Rattles China

Biden's Taiwan Threat Rattles China

Rediff.com24 May 2022

Key to China's decision regarding Taiwan will be its leadership's assessment whether the US will come to Taiwan's defence, explains Jayadeva Ranade, the former senior RA&W officer and China expert.

New Fema rules stump foreign-owned MFs

New Fema rules stump foreign-owned MFs

Rediff.com5 Nov 2019

Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.

AGR woes: No decision on relief to telcos at crucial meet

AGR woes: No decision on relief to telcos at crucial meet

Rediff.com28 Feb 2020

Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.

PNB fraud: 'Probability of bank scams is much higher in PSBs'

PNB fraud: 'Probability of bank scams is much higher in PSBs'

Rediff.com19 Feb 2018

The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe

So what's keeping Modi's junior ministers busy?

So what's keeping Modi's junior ministers busy?

Rediff.com11 Feb 2015

Empowered in the Modi government, junior ministers have enough on their plate.

Jaitley and his team deserve compliments

Jaitley and his team deserve compliments

Rediff.com2 Mar 2016

The Budget chose to stick to an ambitious disinvestment programme for 2016-17.

Modi, team to start pre-Budget consultations next week

Modi, team to start pre-Budget consultations next week

Rediff.com14 Dec 2019

In the 2020-21 Budget, the prime minister and the finance minister are keen to stamp their narrative, after various rollbacks following the previous Budget, said top government sources. Besides the scheduled meetings, the sources said, the Prime Minister's Office is expected to hold several meetings with top secretaries and officials on various ongoing schemes, their performance and also how some of them could be tweaked for better results.

FDI in retail may not be allowed, hints Nirmala

FDI in retail may not be allowed, hints Nirmala

Rediff.com27 May 2014

The BJP-led government may not permit foreign retailers to open mega stores in the country as such a move may adversely impact small traders and farmers, new Commerce and Industry Minister Nirmala Sitharaman indicated.

Govt preparing game plan to check corporate frauds: Pilot

Govt preparing game plan to check corporate frauds: Pilot

Rediff.com11 Sep 2013

The measures needed for implementing this new system would start rolling in few weeks, the minister added.

Chidambaram conspired with son, says CBI charge sheet

Chidambaram conspired with son, says CBI charge sheet

Rediff.com19 Oct 2019

The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.

Davos: PM to meet 100 CEOs; FM to skip WEF

Davos: PM to meet 100 CEOs; FM to skip WEF

Rediff.com21 Jan 2018

Budget forces last minute change in finance minister's plans.