News for 'Finance Committee'

India, Russia call for 'uncompromising' global fight against terrorism

India, Russia call for 'uncompromising' global fight against terrorism

Rediff.com5 Dec 2025

India and Russia have called for an uncompromising global fight against terrorism without hidden agendas and double standards. Prime Minister Narendra Modi asserted that the menace is a direct attack on the values of humanity.

Make demergers tax-neutral, biz houses nudge govt

Make demergers tax-neutral, biz houses nudge govt

Rediff.com26 Nov 2025

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.

Abolish or reduce tax on air purifiers in Delhi, HC tells GST Council

Abolish or reduce tax on air purifiers in Delhi, HC tells GST Council

Rediff.com24 Dec 2025

The Delhi High Court has directed the GST Council to consider lowering or abolishing the goods and services tax on air purifiers, citing worsening air quality in the national capital. The court has asked the council to meet at the earliest, even via video conference if necessary, to address the issue.

Amid India protests, Yunus govt takes responsibility of Dipu Das' family

Amid India protests, Yunus govt takes responsibility of Dipu Das' family

Rediff.com24 Dec 2025

Yunus's office, meanwhile, reconfirmed that financial and welfare assistance would be provided to Das' family, and relevant authorities would remain in close contact with them in the coming period.

Assam varsity shut after protest against VC over corruption charges

Assam varsity shut after protest against VC over corruption charges

Rediff.com2 Dec 2025

Students at Tezpur University in Assam have shut down the institution, protesting against Vice Chancellor Shambhu Nath Singh over allegations of corruption and financial irregularities. The shutdown has led to the cancellation of end-term examinations and has garnered support from teachers and non-teaching staff.

Ex-India pacer Prasad set to contest in KSCA elections

Ex-India pacer Prasad set to contest in KSCA elections

Rediff.com15 Aug 2025

Former India pacer Venkatesh Prasad had served as a vice-president from 2013 to 2016 when Anil Kumble was the KSCA president.

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

2 copper coins, one golden stick...: Banke Bihari treasury inspection ends

2 copper coins, one golden stick...: Banke Bihari treasury inspection ends

Rediff.com19 Oct 2025

The 'Toshkhana' (treasury) of the Banke Bihari temple in Mathura, locked since 1971, was opened for inspection under the supervision of a Supreme Court-appointed committee. The inventory included copper coins, stones, silver and golden sticks.

How RBI Governor Fared In The First Year

How RBI Governor Fared In The First Year

Rediff.com29 Dec 2025

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.

MCA Rethinks PM Internship Scheme

MCA Rethinks PM Internship Scheme

Rediff.com17 Nov 2025

With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

EAC-PM chair calls for raising investment rate

EAC-PM chair calls for raising investment rate

Rediff.com20 Nov 2025

India needs to increase the investment rate to 34-35 per cent from 31-32 per cent currently to achieve a growth rate of 7 per cent and above, said S Mahendra Dev, chairman, economic advisory council (EAC) to the Prime Minister, on Wednesday.

Govt approves schemes worth Rs 45,000 cr to boost exports

Govt approves schemes worth Rs 45,000 cr to boost exports

Rediff.com12 Nov 2025

The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.

CAG to conduct pan-India audit on ease of doing biz for MSMEs

CAG to conduct pan-India audit on ease of doing biz for MSMEs

Rediff.com20 Nov 2025

The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.

Year of the Woman: How India's Sportswomen Owned 2025

Year of the Woman: How India's Sportswomen Owned 2025

Rediff.com30 Dec 2025

They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.

Airfares May Surge After Court Order

Airfares May Surge After Court Order

Rediff.com19 Dec 2025

The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.

Will Xi Jinping's Enemies Stage A Coup?

Will Xi Jinping's Enemies Stage A Coup?

Rediff.com27 Nov 2025

If Xi Jinping is dethroned in the future, the instrument for that may well be embedded within the PLA, notes former foreign secretary Shyam Saran.

IBBI ends 'going concern' sales under liquidation

IBBI ends 'going concern' sales under liquidation

Rediff.com28 Oct 2025

IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process.

Naxal-hit districts down to three from six: Home Ministry

Naxal-hit districts down to three from six: Home Ministry

Rediff.com15 Oct 2025

The Ministry of Home Affairs reports a significant reduction in the number of districts most affected by Naxalism, highlighting the government's efforts to combat Left Wing Extremism.

'NPS Will Exceed 30% Growth This Financial Year'

'NPS Will Exceed 30% Growth This Financial Year'

Rediff.com17 Oct 2025

'The informal sector can grow at a 100 per cent rate -- we have to plan big.'

Will 1600 Number Stop Scam Calls?

Will 1600 Number Stop Scam Calls?

Rediff.com20 Nov 2025

Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital arrest scams.

Jay Shah to head ICC's Finance and Commercials Affairs committee

Jay Shah to head ICC's Finance and Commercials Affairs committee

Rediff.com12 Nov 2022

Shah will have the responsibility of heading ICC's most important committee. Al the major financial policy decisions are taken by the F&CA committee before it is ratified by the ICC board

'New I-T Act Will Be Prospective In Nature'

'New I-T Act Will Be Prospective In Nature'

Rediff.com2 Sep 2025

'...so cases that arose under the existing Act will be adjudicated under the old provisions.' 'Care has been taken to ensure that the new I-T Act does not give rise to interpretational issues.'

Panel formed to review Puri Jagannath Temple security

Panel formed to review Puri Jagannath Temple security

Rediff.com3 Sep 2025

The Shree Jagannath Temple Managing Committee (SJTMC) has formed a sub-committee, headed by former Lt Governor of Jammu and Kashmir, Girish Chandra Murmu, to suggest measures to ensure full protection of the temple in light of recent security breaches.

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

FinMin Pushes RBI for Faster Fraud Shield

FinMin Pushes RBI for Faster Fraud Shield

Rediff.com8 Oct 2025

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions.

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Rediff.com28 Mar 2025

Jio Finance, a wholly owned subsidiary of Jio Financial Services, is likely to delay its maiden bond issue of Rs 3,000 crore, originally scheduled for this month. The decision comes amid expectations of softening yields in April because the Reserve Bank of India's (RBI's) monetary policy committee (MPC) is widely expected to cut the policy repo rate by another 25 basis points, sources said.

India signals willingness to cut Russian oil? US lawmaker says...

India signals willingness to cut Russian oil? US lawmaker says...

Rediff.com4 Sep 2025

An influential US lawmaker claims his visit to India helped catalyze "early signals" that New Delhi may reduce its imports of Russian oil, a step he described as "meaningful" in weakening Moscow's ability to fund its war in Ukraine.

Sensex falls 97 pts on relentless foreign fund outflows

Sensex falls 97 pts on relentless foreign fund outflows

Rediff.com30 Sep 2025

Among Sensex firms, ITC, Bharti Airtel, Trent, Bajaj Finserv, Titan and Reliance Industries were the major laggards. However, UltraTech Cement, Adani Ports, Tata Motors, Bharat Electronics, Bajaj Finance and Hindustan Unilever were among the major gainers.

Ajit Pawar's son faces probe over Rs 300 cr Pune land deal

Ajit Pawar's son faces probe over Rs 300 cr Pune land deal

Rediff.com6 Nov 2025

Maharashtra Revenue Minister assures investigation into an alleged land deal involving a company linked to Deputy Chief Minister Ajit Pawar's son, Parth Pawar, after receiving a formal complaint.

1 in 3 Decade-Old Tax Cases Still Unheard

1 in 3 Decade-Old Tax Cases Still Unheard

Rediff.com12 Nov 2025

'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.'

Another Test, another big defeat! What's plaguing West Indies?

Another Test, another big defeat! What's plaguing West Indies?

Rediff.com4 Oct 2025

West Indies players want to make a name, a living but Caribbean is struggling with finances: Chase

'Bihar Doesn't Predict Outcomes In Bengal, UP'

'Bihar Doesn't Predict Outcomes In Bengal, UP'

Rediff.com25 Nov 2025

'The question for the TMC is not whether it can hold its bastions, but whether it can expand effectively into regions where the BJP already possesses a good ecosystem.'

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

No Time Cap on Tax Pleas: FinMin

No Time Cap on Tax Pleas: FinMin

Rediff.com24 Jul 2025

'As a result of delays, the desired reliefs are not coming for taxpayers.'

'Inflation-targeting worked, no major revamp required'

'Inflation-targeting worked, no major revamp required'

Rediff.com31 Oct 2025

Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.

SC Verdict Instills Hope For Real Estate Reforms

SC Verdict Instills Hope For Real Estate Reforms

Rediff.com24 Sep 2025

'The directives to enhance last-mile funding, consider revival funds, and systemic reforms across the sector are expected to revive stalled projects, improve accountability, and accelerate the delivery of affordable and mid-income housing.'

Bareilly cleric's aides get Rs 1.25 cr power theft notices

Bareilly cleric's aides get Rs 1.25 cr power theft notices

Rediff.com6 Oct 2025

Five associates of controversial cleric Maulana Tauqeer Raza have been issued recovery notices of over Rs 1.25 crore for alleged power theft at e-charging stations in Bareilly. Authorities are cracking down on illegal activities linked to the cleric and his associates.

Can This Man Improve India-US Relations?

Can This Man Improve India-US Relations?

Rediff.com2 Sep 2025

The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.

Why Bhaichung Bhutia is opposed to AIFF's MRA move

Why Bhaichung Bhutia is opposed to AIFF's MRA move

Rediff.com7 Apr 2025

The All India Football Federation decided to form an eight-member task force to look into the Master Rights Agreement (MRA) negotiations with its commercial partner Football Sports Development Ltd