News for 'Finance Commission'

Why Term Plan Is Better For Home Loan Liability

Why Term Plan Is Better For Home Loan Liability

Rediff.com28 Sep 2022

If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.

FM allocates nearly Rs 40 crore for Lokpal

FM allocates nearly Rs 40 crore for Lokpal

Rediff.com1 Feb 2021

A total of Rs 39.67 crore has been allocated to the Lokpal for the next fiscal, according to Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman.

Freebies: Nothing Called A Free Lunch

Freebies: Nothing Called A Free Lunch

Rediff.com28 Oct 2022

To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.

Jaitley raps UPA government on quality of fiscal management

Jaitley raps UPA government on quality of fiscal management

Rediff.com20 Mar 2015

The finance minister said the economy had been slowing.

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.

The curious case of $1-billion SBI loan to debt ridden-Sri Lanka

The curious case of $1-billion SBI loan to debt ridden-Sri Lanka

Rediff.com31 May 2022

The Ministry of External Affairs (MEA) on March 17 had announced that State Bank of India (SBI) would extend a term loan of $1 billion to Sri Lanka, fully guaranteed by the Indian government, and this was part of India's financial aid to the troubled island nation. Ministry of External Affairs (MEA) spokesperson Arindam Bagchi was quoted saying by news agency PTI that the loan would be used for importing food, medicines, and other essential items. "India has always stood with the people of Sri Lanka and we will continue to extend all possible support at this juncture.

GoM on Telangana satisfied over work on division of state

GoM on Telangana satisfied over work on division of state

Rediff.com21 Mar 2014

The Telangana Group of Ministers on Friday reviewed the progress made by the Andhra Pradesh government with regards to the bifurcation of the state on various fronts.

Bhima Koregaon: Is Milind Ekbote Being Protected?

Bhima Koregaon: Is Milind Ekbote Being Protected?

Rediff.com3 Feb 2022

The former BJP corporator was named by a villager in a police complaint made three days before the January 1, 2018 violence at Bhima Koregaon. Yet, the police did not include his name in the FIR.

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