News for 'Department of Finance'

EC slams Kharge over letter on turnout data, Cong hits back

EC slams Kharge over letter on turnout data, Cong hits back

Rediff.com10 May 2024

The poll panel said it found Kharge's letter, placed in the public domain in the middle of the ongoing electoral process, 'highly undesirable' and designed to create confusion, misdirection and impediment to the conduct of smooth, free and fair elections.

Must Watch: Stories From Around The World

Must Watch: Stories From Around The World

Rediff.com1 Oct 2024

Aseem Chhabra's Top 10 Films/ Series from TIFF 2024 includes films that he watched for the first time in Toronto. The films were impressive due to their rigor, passion, unique storytelling style and sometimes exploring the vulnerable sides of big name stars.

Revanth Reddy-led govt in Telangana to roll out 2 of 6 guarantees on Friday

Revanth Reddy-led govt in Telangana to roll out 2 of 6 guarantees on Friday

Rediff.com8 Dec 2023

He said with a view to releasing a white paper on the state's finances, the cabinet has asked the officials to furnish information on the expenditure made by the previous government from 2014 to December 7, 2023 on all departments in the state government and the purposes for which the expenditure was incurred.

'Should Have Bids For IDBI Before End Of FY'

'Should Have Bids For IDBI Before End Of FY'

Rediff.com10 Aug 2024

'We are in a position to start due diligence and private data room access shortly.'

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

Modi govt 3.0: Who is in, who is out

Modi govt 3.0: Who is in, who is out

Rediff.com10 Jun 2024

Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.

File tax return in mid-June, once all necessary info is available

File tax return in mid-June, once all necessary info is available

Rediff.com7 May 2024

Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024-25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000 processed. Early filing allows revisions without penalties.

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.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

RBI's decision on connected lending may curb India Inc's powers

RBI's decision on connected lending may curb India Inc's powers

Rediff.com18 Dec 2023

The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.

AAP-LG turf war continues over control of Services department

AAP-LG turf war continues over control of Services department

Rediff.com6 Jul 2018

Following the Supreme Court verdict which clipped the powers of the LG, the bone of contention between the Delhi government and his office continues to be control over the services department.

To trim finances, govt goes on austerity drive

To trim finances, govt goes on austerity drive

Rediff.com12 Jul 2011

The ministry asked all departments to cut avoidable expenditure, including seminars and conferences at five-star hotels and abroad, purchase of new vehicles, foreign travel and appointment of consultants.

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.

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Rediff.com29 Jul 2024

Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.

Are you a finance professional?

Are you a finance professional?

Rediff.com10 Dec 2004

Tata Motors Limited is looking for finance professionals.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Govt plans to make India self-reliant in edible oils

Govt plans to make India self-reliant in edible oils

Rediff.com1 Feb 2024

The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.

DMK ex-member Jaffer Sadiq, partners invested Rs 40-cr drug money films: ED

DMK ex-member Jaffer Sadiq, partners invested Rs 40-cr drug money films: ED

Rediff.com13 Apr 2024

The Enforcement Directorate made these claims in an official statement issued by the federal agency following its raids in this case at Chennai, Madurai and Tiruchirapalli on April 9.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Want to become a Master of Finance?

Want to become a Master of Finance?

Rediff.com19 Oct 2004

Alert: The two-year full-time Master of Finance and Control Programme for 2005-2007, from the Department of Financial Studies, University of Delhi South Campus.

'Brother' Kejriwal's govt announces Rs 1000 monthly aid for women above 18

'Brother' Kejriwal's govt announces Rs 1000 monthly aid for women above 18

Rediff.com4 Mar 2024

Delhi Finance Minister Atishi on Monday announced the 'Mukhyamantri Mahila Samman Yojana' for the 2024-25 fiscal, under which Rs 1,000 will be given monthly to women aged above 18 from the fiscal year 2024-25.

Finance ministry rules out COO appointment in RBI

Finance ministry rules out COO appointment in RBI

Rediff.com14 Aug 2014

The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.

Tax Sops Coming In Interim Budget!

Tax Sops Coming In Interim Budget!

Rediff.com23 Jan 2024

To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.

CM Kejriwal keeps crucial power, finance, home portfolios

CM Kejriwal keeps crucial power, finance, home portfolios

Rediff.com28 Dec 2013

Chief Minister Arvind Kejriwal on Saturday allocated portfolios to his six Cabinet colleagues while keeping the key departments of home, finance, power and vigilance with himself.

Nirmalaji And Why I Was Suspended!

Nirmalaji And Why I Was Suspended!

Rediff.com2 Feb 2024

'My protest was in the interest of the nation.' 'I am just doing my duty as a citizen of this country.'

'There's a de-emphasis on divestment'

'There's a de-emphasis on divestment'

Rediff.com12 Feb 2024

'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'

Karnataka portfolios: JD-S to get Finance, Congress gets Home

Karnataka portfolios: JD-S to get Finance, Congress gets Home

Rediff.com31 May 2018

The leaders of the two parties have held five rounds of talks since Wednesday to finalise the portfolio sharing arrangement between the partners.

15th Finance Commission report: Devolution for FY20-21 cut marginally

15th Finance Commission report: Devolution for FY20-21 cut marginally

Rediff.com2 Feb 2020

This is due to the newly formed Union Territories of Jammu and Kashmir, and Ladakh, which will get funds from the Centre's share, which means devolution will be for 28 states compared to 29 earlier.

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Rediff.com14 Jun 2023

Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.

Hit by leaks, wary finance ministry blocks non-government sites

Hit by leaks, wary finance ministry blocks non-government sites

Rediff.com19 Mar 2015

The ban has been in force since last Friday.

Social stock exchange sees its first listing

Social stock exchange sees its first listing

Rediff.com14 Dec 2023

Social stock exchange (SSE) saw its first listing on Wednesday, with SGBS Unnati Foundation becoming the first entity to take this route to avail financing. The foundation - engaged in vocational training of youth - raised Rs 1.8 crore from four investors. These include brokerage firm Zerodha and National Bank for Agriculture and Rural Development (Nabard).

Paytm Payments Bank fiasco: Independent directors raised concerns

Paytm Payments Bank fiasco: Independent directors raised concerns

Rediff.com18 Feb 2024

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Rediff.com16 Nov 2023

The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.

Ajit Pawar, others meet Fadnavis, not Shinde, over portfolios

Ajit Pawar, others meet Fadnavis, not Shinde, over portfolios

Rediff.com3 Jul 2023

A day after joining the Eknath Shinde-led Maharashtra government, Deputy Chief Minister Ajit Pawar and state minister Chhagan Bhujbal on Monday went to meet Deputy Chief Minister Devendra Fadnavis to discuss allocation of portfolios in the cabinet, sources said.

Akshay, Aamir star in new film for I-T department

Akshay, Aamir star in new film for I-T department

Rediff.com22 Jul 2010

two of the highest tax payers in Bollywood, will star in a documentary produced by the Income Tax Department to spread the message of tax compliance.

Paytm Crisis: StartUp Founders Take Note

Paytm Crisis: StartUp Founders Take Note

Rediff.com22 Feb 2024

Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.

AIIMS to examine NewsClick founder's health after SC direction

AIIMS to examine NewsClick founder's health after SC direction

Rediff.com27 Feb 2024

A bench of Justices B R Gavai and Sandeep Mehta asked the AIIMS director to constitute the board and submit a report to it in two weeks.

New Israeli settlements in West Bank illegal: Blinken

New Israeli settlements in West Bank illegal: Blinken

Rediff.com24 Feb 2024

The new Israeli settlements in the West Bank are illegal and inconsistent with international law, United States Secretary of State Antony Blinken has said, reversing a Trump-era policy.

Stopped from speaking, Mamata storms out of Niti Aayog meet

Stopped from speaking, Mamata storms out of Niti Aayog meet

Rediff.com27 Jul 2024

Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.

Rollout of new PLIs unlikely as govt eyes 'course correction'

Rollout of new PLIs unlikely as govt eyes 'course correction'

Rediff.com14 Oct 2023

The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.