News for 'Finance Committee'

Shashi Tharoor to head Parliamentary Committee on IT

Shashi Tharoor to head Parliamentary Committee on IT

Rediff.com15 Sep 2019

The panel will likely play an important role as the Personal Data Protection Bill gets tabled in Parliament.

One nation, one election: Kovind panel may submit report today

One nation, one election: Kovind panel may submit report today

Rediff.com14 Mar 2024

The panel may recommend amending at last five articles of the Constitution to enable holding of simultaneous polls in the country.

Full text: President Murmu's R-Day eve address to the nation

Full text: President Murmu's R-Day eve address to the nation

Rediff.com25 Jan 2025

'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'

80 more flights get bomb threats, Rs 600 crore lost

80 more flights get bomb threats, Rs 600 crore lost

Rediff.com22 Oct 2024

Nearly 80 domestic and international flights received bomb threats in less than 24 hours that later turned out to be hoaxes, keeping thousands of passengers and security agencies on tenterhooks.

Anwar Ali's AIFF ban sparks outrage, Chhetri defends him

Anwar Ali's AIFF ban sparks outrage, Chhetri defends him

Rediff.com3 Oct 2024

Anwar was handed a four-month ban by All India Football Federation (AIFF) in early September with the governing body holding the player "guilty" of terminating his contract with Mohun Bagan in an unjust manner and signing a new deal with East Bengal, having returned to his parent club Delhi FC.

Pakistan gets $70 million for hosting Champions Trophy

Pakistan gets $70 million for hosting Champions Trophy

Rediff.com1 Aug 2024

The ICC has approved a budget of approximately USD 70 million for holding the Champions Trophy in Pakistan early next year.

Olympic boxing crisis deepens: India's fate uncertain

Olympic boxing crisis deepens: India's fate uncertain

Rediff.com1 Sep 2024

Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

PFI wanted to create Islamic movement, start civil war in India: ED

PFI wanted to create Islamic movement, start civil war in India: ED

Rediff.com18 Oct 2024

The federal agency issued a statement, saying it has attached fresh assets worth more than Rs 35 crore that are "beneficially-owned and controlled" by the PFI "in the name of various trusts, companies and individuals" as part of its ongoing probe against the outfit and entities linked to it.

'Idea behind SROs is not to make them more regulatory'

'Idea behind SROs is not to make them more regulatory'

Rediff.com25 Aug 2024

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'

Olympic boxing gender row deepens as Lin wins...

Olympic boxing gender row deepens as Lin wins...

Rediff.com2 Aug 2024

Taiwan's double world champion Lin Yu-ting, one of two boxers at the heart of a gender row, won her featherweight round of 16 bout against Uzbekistan's Sidora Turdibekova

Jay Shah emerges as strong contender for ICC top job

Jay Shah emerges as strong contender for ICC top job

Rediff.com20 Aug 2024

Greg Barclay not to opt for third term, all eyes on BCCI secretary Jay Shah

SC summons CS, fin secretaries of 16 states over pay report non-compliance

SC summons CS, fin secretaries of 16 states over pay report non-compliance

Rediff.com11 Jul 2024

Though seven opportunities have been granted to the states, it appears that full compliance has not been affected and several states are in default, it said.

ICAI, MCA secretary discuss road map to create big Indian companies

ICAI, MCA secretary discuss road map to create big Indian companies

Rediff.com24 Jun 2024

The Institute of Chartered Accountants of India (ICAI) has held discussions with ministry of corporate affairs (MCA) secretary Manoj Govil on the 'Aggregation of CA Firms' and the roadmap to create big Indian firms, a press statement by ICAI said.

Sensex ends down 166 points, Nifty settles below 24K

Sensex ends down 166 points, Nifty settles below 24K

Rediff.com6 Aug 2024

From the 30 Sensex pack, State Bank of India, Mahindra & Mahindra, Bharti Airtel, Titan, HDFC Bank, IndusInd Bank, Axis Bank and Bajaj Finance were the biggest laggards. JSW Steel, Tech Mahindra, Larsen & Toubro, Hindustan Unilever, HCL Technologies and Reliance Industries were among the gainers from the pack.

Yogi holds meet with ministers amid buzz about dissidence

Yogi holds meet with ministers amid buzz about dissidence

Rediff.com17 Jul 2024

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday met ministers from the state at his residence in Lucknow to discuss the upcoming assembly bypolls in 10 constituencies.

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

Rediff.com16 May 2024

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. During the meeting, ARCs will also seek clarity from the regulator on bank borrowing. While there is no regulatory ban in place, ARC sources said banks often refuse funding.

Rahul calls for JPC probe into stock market crash

Rahul calls for JPC probe into stock market crash

Rediff.com6 Jun 2024

He alleged that besides Modi and Shah, Finance Minister Nirmala Sitharaman had also commented on the stock markets ahead of elections, which has never happened in the past.

Budget 2024: What hospitality industry wants from Nirmalaji

Budget 2024: What hospitality industry wants from Nirmalaji

Rediff.com8 Jul 2024

Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods' in the upcoming Union Budget considering the sector's potential to play a key role in India's growth. They also want the government to consider incentives in the form of tax breaks or subsidies for adopting sustainable and eco-friendly practices, while asserting that the upcoming budget must accelerate the tourism agenda saying it is an opportunity to make Indian hospitality the emerging engine for GDP growth and employment generation.

You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

Rediff.com24 Jul 2024

He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?

Jay Shah elected unopposed as next ICC chairman

Jay Shah elected unopposed as next ICC chairman

Rediff.com27 Aug 2024

Jay Shah will take over as the next chairman of the ICC in December after he emerged as the sole nominee for the high-profile job

Budget 2024: What India Inc wants from Nirmalaji

Budget 2024: What India Inc wants from Nirmalaji

Rediff.com20 Jun 2024

India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.

Two candidates in jail on terror charges win: Can they take oath?

Two candidates in jail on terror charges win: Can they take oath?

Rediff.com5 Jun 2024

Engineer Rashid has been lodged in the Tihar jail since August 9, 2019 on charges of alleged terror financing, while Singh has been booked under the National Security Act and sent to the Dibrugarh jail of Assam.

FinMin rejects plea to double minimum EPS pension

FinMin rejects plea to double minimum EPS pension

Rediff.com12 Feb 2024

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.

BCCI boss part of ICC committee

BCCI boss part of ICC committee

Rediff.com14 Oct 2016

The International Cricket Council seemed to have mend fences with the Board of Control for Cricket in India as president Anurag Thakur is now officially a part of the powerful Finance and Commercial Affairs after completion of its board meeting, in Cape Town, on Friday.

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

Rediff.com15 Sep 2024

US lenders represented by Glas Trust have countered Byju's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion Term Loan B along with interest. The founder of Think and Learn (TLPL) and owner of Byju's brand, Byju Raveendran, had about a week ago said that verified debt on the company is only Rs 20 crore as per insolvency proceedings and he may not have to pay any money to the US lenders represented by Glas Trust.

Assam to table compulsory Muslim marriage, divorce registration bill

Assam to table compulsory Muslim marriage, divorce registration bill

Rediff.com22 Aug 2024

Sarma also claimed that marriages of minors were registered by the Kazis earlier, but the proposed bill will prohibit any such move.

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

Muthoot Finance's chairman dies after falling from 4th floor

Muthoot Finance's chairman dies after falling from 4th floor

Rediff.com7 Mar 2021

Mathai George George Muthoot joined the family business as an office assistant and in 1979 he became the managing director and group chairman in February 1993.

Govt cuts customs duty on 3 cancer drugs

Govt cuts customs duty on 3 cancer drugs

Rediff.com23 Jul 2024

The government proposes to cut custom duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to nil.

Rajiv Mehrishi appointed Finance Secretary

Rajiv Mehrishi appointed Finance Secretary

Rediff.com11 Nov 2014

He was last month appointed as Secretary in Department of Economic Affairs in place of his batchmate Arvind Mayaram, who was first shifted to Tourism and then to Minority Affairs Ministry.

Finance Ministry officials grilled

Finance Ministry officials grilled

Rediff.com28 Jan 2011

As the debate on revealing names of those who had stashed money abroad was hotting up, a Parliamentary panel grilled finance ministry officials on why the confidentiality clause was put in tax treaties in the first place.

Dy CM Maurya's cryptic remark points to rift in UP BJP

Dy CM Maurya's cryptic remark points to rift in UP BJP

Rediff.com17 Jul 2024

He also urged all the ministers, MLAs, and public representatives to respect party workers.

Cabinet Committee on Security meets after IAF air strikes in Pak

Cabinet Committee on Security meets after IAF air strikes in Pak

Rediff.com26 Feb 2019

National Security Advisor Ajit Doval and other top officials of the prime minister's office and the security apparatus were present at the meeting.

Women's boxing at risk? Boxers fight to stay in the ring

Women's boxing at risk? Boxers fight to stay in the ring

Rediff.com24 Jul 2024

The IOC said it would not organise the tournament in 2028, leading to fears the sport might be excluded from future Games.

Monetary Policy's Strong Message To NBFCs

Monetary Policy's Strong Message To NBFCs

Rediff.com14 Oct 2024

The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.

IBA gender tests on two boxers were illegitimate: IOC

IBA gender tests on two boxers were illegitimate: IOC

Rediff.com4 Aug 2024

The gender tests conducted by the International Boxing Association (IBA) on two female fighters at last year's world championships that led to their disqualification were illegitimate and lacked credibility

50 crore windfall for North Eastern states as BCCI approves funding

50 crore windfall for North Eastern states as BCCI approves funding

Rediff.com9 Oct 2017

The Finance Committee of the Board of Control for Cricket in India decided to allocate a fund of Rs 50 crore for infrastructure development of the North Eastern states, informed Cricket Association of Bengal joint secretary Avishek Dalmiya.

Kerala FM is new chairman of GST Empowered Committee

Kerala FM is new chairman of GST Empowered Committee

Rediff.com25 Mar 2015

The GST, an indirect tax regime, is to be rolled out from April 2016.

'Our objective is to keep improving Casa ratio'

'Our objective is to keep improving Casa ratio'

Rediff.com15 Aug 2024

'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.'