News for 'Finance Commission Report'

Fighting dharma yuddh against Centre, says Naidu; writes to Amit Shah

Fighting dharma yuddh against Centre, says Naidu; writes to Amit Shah

Rediff.com16 Mar 2018

The TDP supremo said he had not contacted any party yet but given the 'TDP's credibility' they were supporting the no-trust motion.

Govt told to improve accounting standards

Govt told to improve accounting standards

Rediff.com9 Jun 2003

An international seminar on accounting practices opened on Monday with Finance Commission chairman C Rangarajan asking the government to ensure better expenditure control for containing fiscal deficit.\n\n\n\n

ED chief's extension for FATF review, govt tells SC, won't be in office after November

ED chief's extension for FATF review, govt tells SC, won't be in office after November

Rediff.com8 May 2023

The Centre on Monday defended in the Supreme Court the third extension of service granted to Enforcement Directorate chief Sanjay Kumar Mishra, asserting it was due to a peer review being conducted by the Financial Action Task Force (FATF) this year and said he will retire this November.

Why Did Shah-Nadda Meet Veep?

Why Did Shah-Nadda Meet Veep?

Rediff.com11 Jan 2023

What some of our leaders were up to on Monday and Tuesday.

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Rediff.com28 Jul 2022

Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.

Extension for ED director illegal, tenure ends on July 31, amendments fine: SC

Extension for ED director illegal, tenure ends on July 31, amendments fine: SC

Rediff.com11 Jul 2023

The 1984-batch IRS officer was otherwise to remain in office till November 18, 2023, according to the notification issued by the government.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

C Rangarajan cleared for Rajya Sabha

C Rangarajan cleared for Rajya Sabha

Rediff.com30 Nov 2005

8 new ministers in Modi cabinet have criminal cases, says NGO report

8 new ministers in Modi cabinet have criminal cases, says NGO report

Rediff.com10 Nov 2014

Eight of the newly inducted ministers in the Union cabinet have criminal cases against them, a report released by election watchdog Non-Governmental Organisation's on Monday said.

Budget making exercise starts, health outlay may get 50% boost

Budget making exercise starts, health outlay may get 50% boost

Rediff.com30 Nov 2020

Outlay for infra is also expected to see a significant increase in view of the government's Rs 111-trillion investment plan under the national infrastructure pipeline to develop social and economic infrastructure over five years.

DHFL shares may get delisted post acquisition by Piramal

DHFL shares may get delisted post acquisition by Piramal

Rediff.com7 Jun 2021

Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.

Drugs case probe: Lookout notice against SAD's Majithia

Drugs case probe: Lookout notice against SAD's Majithia

Rediff.com22 Dec 2021

The state police have been looking for the Shiromani Akali Dal leader to arrest him.

Uddhav meets Modi over Maratha quota, cyclone aid

Uddhav meets Modi over Maratha quota, cyclone aid

Rediff.com9 Jun 2021

Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.

In final speech as VP Naidu deplores 'freebie culture'

In final speech as VP Naidu deplores 'freebie culture'

Rediff.com9 Aug 2022

The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.

Digital Competition Law Worries Big Tech

Digital Competition Law Worries Big Tech

Rediff.com18 Jan 2023

'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'

1,700 more fast track courts to be set up

1,700 more fast track courts to be set up

Rediff.com11 Aug 2006

Law Minister H R Bhardwaj told delegates that the Centre also plans to introduce a bill in Parliament to set up mobile rural courts known as 'Gram Nyayalayas' to make justice available at doorsteps to people in villages.

Ready for Kerala chief ministership if BJP wins: 'Metro man' Sreedharan

Ready for Kerala chief ministership if BJP wins: 'Metro man' Sreedharan

Rediff.com19 Feb 2021

He also said that the focus will be on developing infrastructure in a big way and bring the state out of the debt trap if the BJP wins the assembly polls that are likely to be held in April-May this year.

Why AAP is finding it tough to finance power tariff reduction

Why AAP is finding it tough to finance power tariff reduction

Rediff.com7 Feb 2014

Despite their promised and announced reduction in power prices, the Arvind Kejriwal-led Delhi government may want keep the issue on the burner for sometime longer, since none of the concerned players are ready to give an inch, and seem raring for a fight, says Upasna Pandey

Post-Imran Khan, Pak oppn eyes Nawaz return, President Alvi's ouster

Post-Imran Khan, Pak oppn eyes Nawaz return, President Alvi's ouster

Rediff.com8 Apr 2022

Pakistan Muslim League-Nawaz president and Leader of Opposition in National Assembly Shehbaz Sharif, 70, who is the Opposition's candidate for the new prime minister, will announce his possible government priorities after taking the oath.

403 infra projects have cost overruns of Rs 4 lakh crore

403 infra projects have cost overruns of Rs 4 lakh crore

Rediff.com26 Jul 2020

As many as 403 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.05 lakh crore owing to delays and other reasons, according to a report.

Promised GST revenue to states may get trimmed

Promised GST revenue to states may get trimmed

Rediff.com19 Dec 2019

If the protected growth in GST revenue is reduced to 10 per cent, the Centre would save more than Rs 25,000 crore in 2020-21 if none of the states show any revenue growth. This would nearly amount to 0.1 per cent of the gross fiscal deficit and help the government in avoiding fiscal slippage to some extent in subsequent years.

UPSC takes 31 pvt sector experts as jt secretaries

UPSC takes 31 pvt sector experts as jt secretaries

Rediff.com8 Oct 2021

Minister of state for personnel Jitendra Singh said it is a major step to place the right talent for the right role.

Officer who headed 2G, CWG probes gets BJP ticket from Sarojini Nagar

Officer who headed 2G, CWG probes gets BJP ticket from Sarojini Nagar

Rediff.com2 Feb 2022

He was permanently absorbed into the ED cadre in 2014 and has headed some high-profile investigations into the 2G spectrum allocation case, the 2010 Commonwealth Games, the money laundering cases against former Union finance minister P Chidambaram and his son Karti Chidambaram, Andhra Pradesh chief minister Y S Jagan Mohan Reddy and former Jharkhand chief minister Madhu Koda, the Aircel Maxis and VVIP choppers case.

Experts put their heads together on Plan Panel's new avatar

Experts put their heads together on Plan Panel's new avatar

Rediff.com26 Aug 2014

Suggestions made by the different experts have been noted and would be forwarded to Prime Minister Narendra Modi.

PM announces Rs 1,000 cr for cyclone relief in Odisha, Bengal, Jharkhand

PM announces Rs 1,000 cr for cyclone relief in Odisha, Bengal, Jharkhand

Rediff.com28 May 2021

Prime Minister Narendra Modi on Friday reviewed the post-cyclone situation and damages caused by Cyclone Yaas in the state at a meeting in Bhubaneswar where Odisha government demanded long term solutions to mitigate problems of repeated cyclones and provision of disaster resilient power systems.

Early introduction of VAT mooted

Early introduction of VAT mooted

Rediff.com5 Aug 2003

The Twelfth Finance Commission chairman C Rangarajan said on Tuesday that he was in favour of an early implementation of the value added tax regime.

Free vaccination, scrapping of NEET in Congress Puducherry manifesto

Free vaccination, scrapping of NEET in Congress Puducherry manifesto

Rediff.com28 Mar 2021

A homemaker in every family would get a monthly assistance of Rs 1,000, the manifesto said.

Will try to introduce GST Bill in current session: Jaitley

Will try to introduce GST Bill in current session: Jaitley

Rediff.com1 Dec 2014

The government has proposed to implement GST from April 1, 2016, and the new Finance Commission may be set up ahead of its schedule to look into the issues related to the new indirect tax regime.

GST timeline: Twists and turns along the way

GST timeline: Twists and turns along the way

Rediff.com4 Aug 2016

The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.

Maha to make voter registration mandatory for students above 18 years

Maha to make voter registration mandatory for students above 18 years

Rediff.com25 Nov 2022

State Higher and Technical Education Minister Chandrakant Patil also said that the government will introduce four-year degree courses from June 2023 as mandated under the National Education Policy and the universities will have to implement the decision.

FM seeks additional Rs 2.35 lakh crore to meet expenses

FM seeks additional Rs 2.35 lakh crore to meet expenses

Rediff.com14 Sep 2020

Of the total cash outgo Rs 40,000 crore is towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program and Rs 33,771.48 crore have been sought for direct benefit transfer under Pradhan Mantri Jan Dhan Yojana and National Social Assistance Programme.

BJP will give employment to every household: Shah in Tripura

BJP will give employment to every household: Shah in Tripura

Rediff.com11 Feb 2018

Shah said a BJP government would protect and promote the cultural heritage and values of tribals.

Russia admits to 'significant' troop losses in Ukraine war

Russia admits to 'significant' troop losses in Ukraine war

Rediff.com8 Apr 2022

Kremlin spokesman Dmitry Peskov briefly admitted that Russia had suffered a 'significant' loss of its troops in Ukraine, calling the casualties 'a huge tragedy' for the country in an interview with Sky News.

Railways goes corporate, will scrap Rs 30,000 cr social subsidy

Railways goes corporate, will scrap Rs 30,000 cr social subsidy

Rediff.com18 May 2017

This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.

Tsunami fallout: Surcharge stays

Tsunami fallout: Surcharge stays

Rediff.com10 Feb 2005

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

Rediff.com11 May 2022

The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm's bid for Ambuja Cements. According to bankers, Jindal's contribution will be a combination of share sale and debts raised by pledging the stake of the target entities with private equities. The JSW Group chairman has offered $7 billion for Ambuja Cements, including $2.5 billion of investments from private equities, the Financial Times reported on Tuesday.

JPC report on 2G scam submitted to Lok Sabha speaker

JPC report on 2G scam submitted to Lok Sabha speaker

Rediff.com29 Oct 2013

The controversial report of the Joint Parliamentary Committee, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Tuesday submitted to Lok Sabha Speaker Meira Kumar.

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.

Five-Year Plans officially declared dead from FY17

Five-Year Plans officially declared dead from FY17

Rediff.com24 Sep 2016

The Niti Aayog is preparing 15-year vision document that will replace the Five-Year Plan from the next financial year