News for 'Finance Commission Report'

Indian crypto firms welcome US SEC approval for bitcoin ETF

Indian crypto firms welcome US SEC approval for bitcoin ETF

Rediff.com12 Jan 2024

The securities regulator's approval for the first US-listed exchange traded funds (ETF) to track bitcoin has given Indian cryptocurrency companies hope that the move would create domestic support for the digital assets. The US Securities and Exchange Commission (SEC) on Thursday approved 11 ETFs for bitcoin, perhaps the most popular virtual currency. It would enable investors to access bitcoin without challenges such as setting up wallets or accounts with crypto exchanges that have previously suffered cyberattacks or implosion.

3% fiscal deficit a challenge, admits Jaitley

3% fiscal deficit a challenge, admits Jaitley

Rediff.com24 Apr 2015

The 3 per cent target would now to reached a year later.

Govt mulls investment commission

Govt mulls investment commission

Rediff.com15 Jun 2004

Renewable energy: Avaada, others up the ante against conglomerates

Renewable energy: Avaada, others up the ante against conglomerates

Rediff.com24 Dec 2023

When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.

Swachch Bharat? Indian villagers still ignore water, sanitation, streetlights

Swachch Bharat? Indian villagers still ignore water, sanitation, streetlights

Rediff.com25 Jun 2015

Money allocated for rural India has increased, but expenditure of panchayats is not adequate and inconsistent

Pak courts flooded with petitions challenging poll results

Pak courts flooded with petitions challenging poll results

Rediff.com11 Feb 2024

The courts in Pakistan have been flooded with petitions as candidates, mostly backed by jailed former prime minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI), challenged the results of Thursday's general elections, alleging rigging.

Pay hike: Maharashtra readies for Rs 21,000-cr mega blow

Pay hike: Maharashtra readies for Rs 21,000-cr mega blow

Rediff.com8 Jul 2016

There are 1.9 million employees and 650,000 pensioners in Maharashtra.

After foreign minister, China sacks missing defence minister

After foreign minister, China sacks missing defence minister

Rediff.com24 Oct 2023

China also removed Finance Minister Liu Kun and appointed Lan Fo'an in his place. Liu is the third senior Cabinet minister to be replaced without any explanation.

Take action against extremists threatening Indians, Doval urges British NSA

Take action against extremists threatening Indians, Doval urges British NSA

Rediff.com7 Jul 2023

Doval raised the issue during his wide-ranging talks with Barrow, who is currently on a visit to India.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

For panchayats, financial freedom is a distant dream

For panchayats, financial freedom is a distant dream

Rediff.com10 Jun 2016

The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.

Aadhaar likely to be linked to GST registration

Aadhaar likely to be linked to GST registration

Rediff.com20 Sep 2019

The GST Council also decided that a committee of officers will be constituted to examine the simplification of forms for annual return and reconciliation statement.

13 terror financers in J-K identified: Officials

13 terror financers in J-K identified: Officials

Rediff.com24 Mar 2019

'Individuals have been found providing money to major terrorist groups, Hurriyat leaders, separatists and stone-pelters in Jammu and Kashmir.'

How the note purge affects India's states

How the note purge affects India's states

Rediff.com20 Dec 2016

The ripples from November 8 may be seen in next year's state budgets.

States demand more money from Centre ahead of Budget

States demand more money from Centre ahead of Budget

Rediff.com7 Feb 2016

We should work in unison to boost growth: FM

Covid-19: With great power comes great responsibility

Covid-19: With great power comes great responsibility

Rediff.com18 Jul 2020

Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.

We want details of who gave who: Cong on SC's electoral bond order

We want details of who gave who: Cong on SC's electoral bond order

Rediff.com11 Mar 2024

'This mega corruption scandal, as certified by the Supreme Court, will expose the unholy nexus between the BJP and its corrupt corporate masters'

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

Rediff.com8 Jan 2021

United Nations proscribed terrorist Lakhvi, 61, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department of Punjab province on Saturday.

Planning Commission job for Montek

Planning Commission job for Montek

Rediff.com16 Jun 2004

Eminent economist Montek Singh Ahluwalia was on Wednesday appointed deputy chairman of the Planning Commission.

FBI source had contact with Osama in 1993: Report

FBI source had contact with Osama in 1993: Report

Rediff.com26 Feb 2014

The Federal Bureau of Investigation placed a source in direct contact with Osama bin Laden in 1993 and ascertained that the Al Qaeda leader was looking to finance terror attacks in the United States, according to a media report.

EU Commission proposes $8 bn loan for Greece

EU Commission proposes $8 bn loan for Greece

Rediff.com17 Jul 2015

Under the Commission proposal, Greece would get the whole 7 billion in one go

Electoral bonds: SBI gets SC notice for not disclosing bond numbers

Electoral bonds: SBI gets SC notice for not disclosing bond numbers

Rediff.com15 Mar 2024

A five-judge Constitution bench headed by Chief Justice D Y Chandrachud, which was hearing an application filed by the Election Commission (EC) seeking a modification of the operative portion of its March 11 order in the electoral bonds case, directed its registrar (judicial) to ensure that the data filed earlier by the poll panel before it in a sealed cover be scanned and digitised.

How has Arun Jaitley fared as Finance Minister?

How has Arun Jaitley fared as Finance Minister?

Rediff.com8 Feb 2016

'The Budget that Mr Jaitley will present on February 29 will be crucial.'

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

Farmers tear-gassed again as talks with ministers inconclusive

Farmers tear-gassed again as talks with ministers inconclusive

Rediff.com17 Feb 2024

Union Agriculture and Farmer Welfare Minister Munda, Commerce and Industry Minister Piyush Goyal and Minister of State for Home Affairs Nityanand Rai represented the Centre at the meeting over the farmer unions' various demands, including a law guaranteeing a minimum support price (MSP) for crops. Punjab Chief Minister Bhagwant Mann also joined the meeting at the Mahatma Gandhi State Institute of Public Administration in Sector 26. The meeting started at around 8:45 pm on Thursday and lasted for around five hours.

Battered & bruised, Planning Commission loses more of its teeth

Battered & bruised, Planning Commission loses more of its teeth

Rediff.com3 Nov 2014

When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.

EC tells SC it can't be part of panel on freebies

EC tells SC it can't be part of panel on freebies

Rediff.com11 Aug 2022

The poll panel also referred to the reported strong oral observations of the top court against it during the last hearing on the PIL on the issue, saying they have "caused irreparable damage to the reputation of this institution built over the years".

'DDCA scam': Delhi government appoints inquiry commission

'DDCA scam': Delhi government appoints inquiry commission

Rediff.com21 Dec 2015

The one-member commission of inquiry under former solicitor general Gopal Subramanium will probe the alleged irregularities in DDCA.

Pak to stay on terror financing 'grey list' till Feb 2021

Pak to stay on terror financing 'grey list' till Feb 2021

Rediff.com23 Oct 2020

Pakistan failed to fulfil six of the 27 mandates so far as a result of which the country continues to be in the grey list of the FATF.

Does India really need a Pay Commission?

Does India really need a Pay Commission?

Rediff.com15 Jul 2016

The Pay Commission process is symptomatic of a national crisis within the Indian state.

Electoral bonds: Can India be democracy if..., asks SC

Electoral bonds: Can India be democracy if..., asks SC

Rediff.com15 Feb 2024

Democracy does not begin and end with elections and the integrity of election process is pivotal for sustaining the democratic form of government, the Supreme Court said on Thursday while striking down as unconstitutional the electoral bonds scheme for political funding.

For every rupee in govt kitty, 53 paise to come from taxes

For every rupee in govt kitty, 53 paise to come from taxes

Rediff.com1 Feb 2021

The government is also looking to earn 8 paise for every rupee from Union excise duty and 3 paise from customs duty. While, income tax will yield 14 paise to every rupee collection.

Major changes in finance ministry after Budget

Major changes in finance ministry after Budget

Rediff.com10 Jan 2017

Three key babus will make room for a new set of officers to carry the baton of Budget programmes.

ED issues fresh summons to Maha NCP chief Jayant Patil

ED issues fresh summons to Maha NCP chief Jayant Patil

Rediff.com15 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra was issued the first summons for appearance on May 12 but he had sought deferment for about 10 days citing some personal and official engagements.

Oppn hails electoral bonds ruling, takes swipe at BJP

Oppn hails electoral bonds ruling, takes swipe at BJP

Rediff.com15 Feb 2024

Leaders of several opposition parties on Thursday hailed the Supreme Court verdict striking down the electoral bonds scheme and termed it an important step in ensuring transparency in electoral funding.

'It is a no-brainer that there will be a very sharp rebound next year'

'It is a no-brainer that there will be a very sharp rebound next year'

Rediff.com29 Sep 2020

'The CEA suggested that could be as high as 19 per cent.'

Govt won't stop insurance agents' commission

Govt won't stop insurance agents' commission

Rediff.com24 Nov 2009

Minister of state for finance Namo Narain Meena said 'No' in a written reply to the Rajya Sabha when asked whether the government is considering any proposal to discontinue insurance agents' commission.

It's fiscal! Centre-state ties to undergo drastic change

It's fiscal! Centre-state ties to undergo drastic change

Rediff.com13 Apr 2017

There will be a dramatic alteration in the role the Centre and the states will play to shape India's fiscal and economic destiny, report Nitin Sethi and Ishan Bakshi.

Consumer finance: Smaller players fill the void

Consumer finance: Smaller players fill the void

Rediff.com4 Dec 2009

The exit of the big movers has meant more opportunities for local players such as Nambiar Finance, which is just one of the 1,465 non-deposit-taking NBFCs registered with the Mumbai office of the Reserve Bank of India.

Jaitley should have tightened the fiscal belt: Arvind Virmani

Jaitley should have tightened the fiscal belt: Arvind Virmani

Rediff.com7 Mar 2015

Budget has several small steps which will boost growth