News for 'Finance Commission Report'

5 things FM ignored in the Budget

5 things FM ignored in the Budget

Rediff.com2 Mar 2015

Union Budget 2015 cuold have included few smaller reforms.

HC grants interim bail to SAD leader Majithia in drugs case

HC grants interim bail to SAD leader Majithia in drugs case

Rediff.com11 Jan 2022

SAD leader Bikram Singh Majithia, facing arrest in an NDPS case, involving sale, purchase and manufacturing of drugs among other offences, was on Monday granted anticipatory bail by the Punjab and Haryana High Court.

How Taliban's funding continued over 20 years

How Taliban's funding continued over 20 years

Rediff.com9 Sep 2021

In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.

Does the economy need fiscal stimulus? Debate rages on

Does the economy need fiscal stimulus? Debate rages on

Rediff.com11 Jun 2019

The reform priorities are clear: enhance savings, improve productivity. Just 25 basis points of moving interest rate up or down would not boost investment: Former RBI Governor Y V Reddy.

Why Jaitley feels all subsidies must be rationalised

Why Jaitley feels all subsidies must be rationalised

Rediff.com19 Jan 2015

The government's subsidy bill towards oil, fertilisers runs into lakhs of crores of rupees.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

Who will be PM Modi's choice for President?

Who will be PM Modi's choice for President?

Rediff.com9 Jun 2022

Political observers are keen to see if the BJP will now be guided by its more firmly entrenched ideological dominance in picking a face solidly identified with its core planks, or if it will choose a person tilted more to its electoral calculations. Or, whether its pick will be an ode to its core supporters or a outreach to relatively new groups of votaries.

Modi's pre-poll gift: DA hiked by 3%

Modi's pre-poll gift: DA hiked by 3%

Rediff.com19 Feb 2019

The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.

Insurance: Rs 100 cr entry cap for new players may be removed

Insurance: Rs 100 cr entry cap for new players may be removed

Rediff.com8 Apr 2022

The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up an insurance business in a bid to facilitate the entry of multiple players such as standalone micro insurers and niche players. Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai), said it should be left to the regulator instead to decide what should be the entry fee for interested players, depending on the size of the business and operations. According to the current norms, insurers are required to have a minimum paid-up capital of Rs 100 crore.

Future Retail shuts Big Bazaar as RIL plans takeover

Future Retail shuts Big Bazaar as RIL plans takeover

Rediff.com28 Feb 2022

Future Retail has shut most of its Big Bazaar stores since February 25 (Friday) and its website is also down as it missed lease payments to Reliance Industries (RIL). RIL will open most of the 200 Future Retail stores as Reliance stores in the next week and it is in the process of taking stock, re-branding, and transferring 30,000 Future Retail and Future Lifestyle employees on to the rolls of its manpower and staffing firm Reliance SMSL, according to a source. The first tranche of stores are set to be opened as early as in the next two days.

Roadmap to implement SC order on women officers ready: Army chief

Roadmap to implement SC order on women officers ready: Army chief

Rediff.com20 Feb 2020

Indian Army has taken the initiative to induct women in rank and file, and the first batch of 100 women soldiers is undergoing training at Corps of Military Police Centre and School, he said.

Rahul's NYAY: Where will the money come from?

Rahul's NYAY: Where will the money come from?

Rediff.com27 Mar 2019

Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries

Was this why Murmu was moved out of J&K?

Was this why Murmu was moved out of J&K?

Rediff.com10 Aug 2020

G C Murmu rarely speaks in public and when he does, his statements are always in lockstep with the thinking within this government.

Is Pawar, not Uddhav, Running Maharashtra?

Is Pawar, not Uddhav, Running Maharashtra?

Rediff.com9 May 2022

The perception is rapidly gaining ground that though the chief minister is from the Shiv Sena, the government is being run by the NCP.

'Arrest Chitra, find others involved in NSE scam'

'Arrest Chitra, find others involved in NSE scam'

Rediff.com22 Feb 2022

'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'

Horse-trading, cross-voting fears as 4 states head to RS polls

Horse-trading, cross-voting fears as 4 states head to RS polls

Rediff.com9 Jun 2022

Polling for 16 Rajya Sabha seats in four states will be held on Friday amid allegations of attempts at horse-trading by rival parties which have corralled their MLAs in hotels and scenic resorts, prompting the Election Commission to appoint special observers and order videography of the entire exercise.

Financial stability, waste management top Delhi municipality's agenda

Financial stability, waste management top Delhi municipality's agenda

Rediff.com23 May 2022

According to senior officials, nine additional commissioners have been allocated departments and office spaces at different floors of the Civic Centre, while three deputy commissioners were also appointed.

Election Commissioner Ashok Lavasa resigns

Election Commissioner Ashok Lavasa resigns

Rediff.com18 Aug 2020

Lavasa would soon be joining the Asian Development Bank as vice president

Budget 2020: Farm experts pitch for scrapping GST on agri-inputs

Budget 2020: Farm experts pitch for scrapping GST on agri-inputs

Rediff.com18 Dec 2019

Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.

Anurag Thakur raises 'kill traitors' slogan at poll rally

Anurag Thakur raises 'kill traitors' slogan at poll rally

Rediff.com28 Jan 2020

Addressing the meeting in support of BJP candidate from Rithala, Manish Chaudhary, Singh raised the pitch of nationalism as he linked opposition parties with anti-CAA protests in Shaheen Bagh and with alleged anti-India slogans, and then asked the crowd to raise the controversial slogan.

Will the funds for rural India reach the poor?

Will the funds for rural India reach the poor?

Rediff.com2 Mar 2016

Sustained rural poverty can't be eradicated without capacity building.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

Adani Green Energy to raise $1.8 bn from foreign banks

Adani Green Energy to raise $1.8 bn from foreign banks

Rediff.com12 Sep 2020

The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country's first manufacturing-linked solar power plant of 8 GW.

UDAY, to revive govt power distribution cos, is a flop

UDAY, to revive govt power distribution cos, is a flop

Rediff.com11 Oct 2019

The power ministry is planning to start a second version of UDAY, aimed only at reducing the losses of discoms and improving the quality of power supply.

Taxpayers can file settlement claims till Sep 30

Taxpayers can file settlement claims till Sep 30

Rediff.com8 Sep 2021

The income tax (I-T) department on Tuesday extended the deadline for filing settlement applications for eligible taxpayers till September 30, as the income tax settlement commission (ITSC) ceased to exist from February 1. This comes amid interim relief provided by some high courts, directing acceptance of applications of settlement even after February 1. To dispose the pending settlement applications as on January 31, the central government has constituted Interim Board for Settlement.

The Dust Of Development

The Dust Of Development

Rediff.com1 Jan 2022

So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.

FinMin declines to share Swiss bank accounts details

FinMin declines to share Swiss bank accounts details

Rediff.com23 Dec 2019

India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on Automatic Exchange of Information.

UP bizman Peeyush Jain arrested; Rs 177 cr unaccounted cash found

UP bizman Peeyush Jain arrested; Rs 177 cr unaccounted cash found

Rediff.com27 Dec 2021

The finance ministry on Monday said the recent raid on perfume trader Peeyush Jain's house in Kanpur, from where more than Rs 177 cr unaccounted cash was unearthed, was the "biggest ever seizure of cash" by an enforcement agency. The December 26 raid, which resulted in Jain's arrest, included searches at Jain's residential/factory premises in Kannauj, where about Rs 17 crore in cash have been recovered, the ministry said in a release. Further searches are underway at Jain's residential/factory premises in Kannauj.

Air India takeover: Montek bats for the Tatas

Air India takeover: Montek bats for the Tatas

Rediff.com7 Oct 2021

No other corporate house in India is in a better position than Tata group for the takeover of debt-laden airline Air India, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said on Thursday. Tata Sons has emerged as the top bidder for the takeover of the state-run airline but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah. "You can't have a better corporate, with a better position than the Tatas, we can hand it (state-run airline Air India) over," he said while replying to a question in a virtual event.

UK minister Rishi Sunak releases 5-pound Gandhi coin to mark Diwali

UK minister Rishi Sunak releases 5-pound Gandhi coin to mark Diwali

Rediff.com4 Nov 2021

Available in a range of standards, including gold and silver, the special collectors' coin is designed by Heena Glover and features an image of a lotus, India's national flower, alongside one of Gandhi's most famous quotes -- "My life is my message".

IPO Is Right Time For LIC To Take Hard Decisions

IPO Is Right Time For LIC To Take Hard Decisions

Rediff.com2 Mar 2022

LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.

Pak continues to remain on FATF 'Grey List'

Pak continues to remain on FATF 'Grey List'

Rediff.com26 Feb 2021

The global agency said there are "serious deficiencies" on the part of the country in checking terror-financing and it lacks an effective system to deal with it.

Will take action on Dhingra panel's findings on Vadra: Khattar

Will take action on Dhingra panel's findings on Vadra: Khattar

Rediff.com28 Apr 2017

Khattar noted that the court has not given permission to make the report of the commission public.

Jharkhand suspends mining secretary Pooja Singhal arrested for MGNREGS scam

Jharkhand suspends mining secretary Pooja Singhal arrested for MGNREGS scam

Rediff.com12 May 2022

Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.

Budget 2019: 'It was a fine balancing act'

Budget 2019: 'It was a fine balancing act'

Rediff.com8 Jul 2019

'If some measures are implemented quickly, they can help revive growth.'

Renewable energy: Investments may cross $15 bn in 2022

Renewable energy: Investments may cross $15 bn in 2022

Rediff.com24 Dec 2021

After witnessing cloudy skies this year, the country's renewable energy sector is expected to boom with a likely investment of over $15 billion in 2022 as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target. India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power projects.

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

Rediff.com8 May 2022

The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.

Rs 177 cr cash, 23 kg gold found from UP bizman

Rs 177 cr cash, 23 kg gold found from UP bizman

Rediff.com27 Dec 2021

The searches since December 22, which resulted in Jain's arrest, also included searches at the trader's residential/factory premises in Kannauj, wherein about Rs 17 crore in cash, 23 kg of gold and 600 kg sandalwood oil having a market value of about Rs 6 crore have been recovered, the ministry said in a release.

On Amit Shah's 'OROP' jibe, Omar's 'ODOMOS' reply

On Amit Shah's 'OROP' jibe, Omar's 'ODOMOS' reply

Rediff.com28 Jan 2019

Responding to Shagh, National Conference leader Omar Abdullah said the country was suffering from too much "ODOMOS- overdose of only Modi only Shah".

PM to discuss India's position on Ukraine during Europe visit

PM to discuss India's position on Ukraine during Europe visit

Rediff.com1 May 2022

As Prime Minister Narendra Modi embarks on a tour of three European nations, India on Sunday once again called for the cessation of hostilities in Ukraine and resolution of the conflict through dialogue and diplomacy, noting that was an appreciation of its position on the crisis by its partner countries.