News for 'Finance Committee'

Plot to kill Pannun: Nikhil Gupta can be extradited to US, rules Czech court

Plot to kill Pannun: Nikhil Gupta can be extradited to US, rules Czech court

Rediff.com20 Jan 2024

Gupta, arrested in the Czech Republic on June 30 last year, is currently held in Prague's Pankrak prison.

After foreign minister, China sacks missing defence minister

After foreign minister, China sacks missing defence minister

Rediff.com24 Oct 2023

China also removed Finance Minister Liu Kun and appointed Lan Fo'an in his place. Liu is the third senior Cabinet minister to be replaced without any explanation.

Kharge slams party MP for 'separate country' remark

Kharge slams party MP for 'separate country' remark

Rediff.com2 Feb 2024

Union Minister Piyush Goyal on Friday sought an apology from the Congress for the controversial statement by party MP that suggested a call for a separate south nation over fiscal injustice, but the opposition party's president said it stands for a united nation and will not tolerate any such call.

BCCI earns Rs 350-crore net income in the fiscal 2012-13

BCCI earns Rs 350-crore net income in the fiscal 2012-13

Rediff.com22 Aug 2013

The Cricket Board posted net income of Rs 350 crore, while its gross revenue stood at Rs 950 crore during the fiscal 2012-13.

'Rs 1.7 trillion may be GST average collection next FY'

'Rs 1.7 trillion may be GST average collection next FY'

Rediff.com18 Feb 2024

'We crossed Rs 1.7 trillion in three months this financial year.'

International Boxing Association derecognised by IOC

International Boxing Association derecognised by IOC

Rediff.com22 Jun 2023

Boxing is part of the Paris 2024 Olympics but the qualification bouts and the competition are being run by the IOC and not the IBA, as was the case in Tokyo.

Mumbai a finance hub: The right path?

Mumbai a finance hub: The right path?

Rediff.com13 Jul 2007

The High-Powered Expert Committee report sounds impatient on various issues like capital account convertibility.

'Tax buoyancy can't continue year after year'

'Tax buoyancy can't continue year after year'

Rediff.com16 Feb 2024

'The revenue projection arises out of all sectors doing well and the formalisation of the economy helps in making sure the tax domain gets widened.'

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

If Modi Wants A Full Term...

If Modi Wants A Full Term...

Rediff.com17 Jun 2024

It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.

Boris Johnson quits as UK lawmaker after...

Boris Johnson quits as UK lawmaker after...

Rediff.com10 Jun 2023

Johnson, 58, had been under investigation by a parliamentary inquiry looking into whether he misled the House of Commons about lockdown-breaking parties in Downing Street during the COVID-19 pandemic.

MCC recommends limiting bilateral ODIs

MCC recommends limiting bilateral ODIs

Rediff.com12 Jul 2023

'In many ways, cricket is growing and, on the surface, seems financially strong. However, we are increasingly seeing a game which focuses on a powerful few, as opposed to a democratic and inclusive approach for the benefit of the whole sport.'

B-Schools Struggle With Placements

B-Schools Struggle With Placements

Rediff.com8 Feb 2024

'There is a behavioural shift and conservativeness with companies cutting down on manpower and rationalising the number of people.'

5-member committee to decide on new Andhra capital

5-member committee to decide on new Andhra capital

Rediff.com26 Apr 2014

The Centre has constituted a five-member expert committee to study various alternatives available to it to decide on a new capital for Andhra Pradesh.

24 die at Maha hospital in 1 day, including 12 infants

24 die at Maha hospital in 1 day, including 12 infants

Rediff.com2 Oct 2023

Twenty-four deaths, including that of 12 infants, have been reported in the last 24 hours in a government hospital in Nanded, a top Maharashtra health official said on Monday.

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Rediff.com16 Feb 2024

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.

PM sets up committee to oversee reconstruction in Uttarakhand

PM sets up committee to oversee reconstruction in Uttarakhand

Rediff.com10 Jul 2013

Prime Minister Manmohan Singh on Monday constituted a Cabinet committee to oversee reconstruction and rehabilitation in flood-ravaged Uttarakhand.

A peculiar problem plagues India's AI roadmap

A peculiar problem plagues India's AI roadmap

Rediff.com5 Jun 2019

National artificial intelligence unit stuck for lack of anchor department

BCCI keeping 'all options open' on RTI

BCCI keeping 'all options open' on RTI

Rediff.com25 Apr 2018

The Law Commission had said that the BCCI should be brought under the RTI Act, noting that it falls under the definition of a public authority which has received substantial financing from the government.

Nilekani, KV Kamath on SC-appointed Adani row probe panel

Nilekani, KV Kamath on SC-appointed Adani row probe panel

Rediff.com2 Mar 2023

The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations and other regulatory aspects related to stock markets.

The Politics of Population

The Politics of Population

Rediff.com6 Feb 2024

In the Interim Budget, Finance Minister Nirmala Sitharaman announced that a high power committee would be set up to consider the challenges arising from 'fast population grown and demographic changes.' 'But who wants data? It pays to feed people's fears, insecurities and apprehensions. If such fears don't exist, they must be created,' her husband Parakala Prabhakar says in this fascinating excerpt from his book, The Crooked Timber of New India: Essays on a Republic in Crisis.

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

Rediff.com17 Jan 2023

Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.

How Modi Lost While Winning

How Modi Lost While Winning

Rediff.com6 Jun 2024

For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rediff.com20 Apr 2022

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department may have an adverse impact on the implementation of infrastructure (infra) projects in 2022-23 (FY23). While the Department for Promotion of Industry and Internal Trade (DPIIT) had sought Rs 10,267 crore from the finance ministry for FY23, it received Rs 8,348-crore allocation. For the National Industrial Corridor Development & Implementation Trust (NICDIT), the finance ministry has allocated Rs 1,500 crore instead of Rs 2,400 crore demanded for the project.

If you can't afford onions, don't eat for 2-4 months: Maha Min

If you can't afford onions, don't eat for 2-4 months: Maha Min

Rediff.com22 Aug 2023

Maharashtra minister Dada Bhuse said the decision to impose export duty should have been taken with proper coordination.

Global economy can bounce back: Chidambaram

Global economy can bounce back: Chidambaram

Rediff.com21 Apr 2013

India's policy focus in recent months has been, on containment of fiscal deficit, along with measures that would boost investment levels in the economy.

'BJP will have no effect. Not even an iota'

'BJP will have no effect. Not even an iota'

Rediff.com18 Apr 2024

'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'

Maximum tenure of 5 years for chiefs of CBI and ED, says SC

Maximum tenure of 5 years for chiefs of CBI and ED, says SC

Rediff.com11 Jul 2023

The Supreme Court on Tuesday upheld the validity of two central laws and the corresponding rules that provide for a maximum tenure of five years for the directors of the CBI and Enforcement Directorate.

Cong skipped meet to pick new CIC as he's Dalit: Modi

Cong skipped meet to pick new CIC as he's Dalit: Modi

Rediff.com7 Nov 2023

Prime Minister Narendra Modi on Tuesday attacked the Congress, saying it skipped the meeting convened to select the new Chief Information Commissioner (CIC) as he is a Dalit and this reflected the anti-Scheduled Castes mindset of the main opposition party.

Markets fall as investors turn cautious ahead of RBI monetary policy review

Markets fall as investors turn cautious ahead of RBI monetary policy review

Rediff.com8 Aug 2023

From the Sensex pack, Power Grid, Mahindra & Mahindra, JSW Steel, HCL Technologies, Sun Pharma, Nestle, IndusInd Bank, Reliance Industries, Bharti Airtel and ITC were the major laggards. Tech Mahindra, Wipro, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank, Titan and ICICI Bank were among the major gainers.

New competition law likely to open up settlement route for cartels

New competition law likely to open up settlement route for cartels

Rediff.com30 Jan 2023

In a relief to industry, the government has accepted a parliamentary panel's recommendation on allowing cartels to opt for the settlement scheme under the Competition Amendment Bill, according to official sources. The proposed Bill seeks to introduce a clause for settlement and commitment that offers any enterprise against which an inquiry has been initiated to file an application for settlement. The Parliamentary Committee on Finance had suggested including cartels in the scope for settlement "as a pragmatic recourse to the whole process".

NITI Aayog's artificial intelligence proposal gets FinMin's nod

NITI Aayog's artificial intelligence proposal gets FinMin's nod

Rediff.com10 Sep 2019

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.

Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt

Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt

Rediff.com26 Nov 2023

State higher education minister R Bindhu has directed a three-member team, comprising the principal secretary of higher education, and Cochin University's vice-chancellor and registrar, to inquire into the stampede incident, an official release said.

PM security breach: Punjab govt to soon send action taken report to Centre

PM security breach: Punjab govt to soon send action taken report to Centre

Rediff.com15 Mar 2023

The action being contemplated is based on the findings submitted by a Supreme Court-appointed committee which probed the security breach during Modi's visit.

Sensex, Nifty end at record closing highs

Sensex, Nifty end at record closing highs

Rediff.com6 Jul 2023

From the Sensex pack, Mahindra & Mahindra emerged as the biggest gainer, climbing nearly 5 per cent. Power Grid, Tata Motors, Reliance Industries, NTPC, Axis Bank, Nestle, Kotak Mahindra Bank, Asian Paints and Wipro were among the other major gainers. Maruti, HCL Technologies, Bajaj Finance, IndusInd Bank, Infosys and Tata Steel were among the laggards.

BJP knocks off Congress and others, corners 6 parliamentary panels

BJP knocks off Congress and others, corners 6 parliamentary panels

Rediff.com4 Oct 2022

Opposition parties have not been given the chairmanship of any of the four key parliamentary panels including the committee on home affairs and information technology, which were with the Congress, in the latest rejig announced on Tuesday.

Carnatic musicians boycott Madras Academy event over Award to TM Krishna

Carnatic musicians boycott Madras Academy event over Award to TM Krishna

Rediff.com21 Mar 2024

Several Carnatic musicans have pulled out of Madras Music Academy's annual December conference to protest the Sangita Kalanidhi award to classical vocalist T M Krishna, who they allege has 'glorified Periyar' and vilified the Carnatic music community.

Did RBI Know About Demonetization?

Did RBI Know About Demonetization?

Rediff.com1 Jun 2023

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

Explained: Kelkar committee report on Indian economy

Explained: Kelkar committee report on Indian economy

Rediff.com1 Oct 2012

According to the report, Indian economy is headed for a "perfect storm" worse than 1991 because government's cashflow by March 2013 is threatening to be Rs 110,000 crore (Rs 1,100 billion) more in the red than the expected Rs 500,000 crore (Rs 5,000 billion).