News for 'Finance Committee'

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

Rediff.com20 Oct 2020

The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

Rediff.com29 Oct 2022

In the document, the global body expressed concerns over the increasing use of Internet and other information and communications technologies, including social media platforms, for terrorist purposes.

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

Rediff.com23 Mar 2023

The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.

New finance code is a step in the right direction

New finance code is a step in the right direction

Rediff.com18 Aug 2015

The first major aspect is that of the veto power to the governor.

Financial support for poor prisoners unable to afford bail: FM

Financial support for poor prisoners unable to afford bail: FM

Rediff.com1 Feb 2023

Addressing the inaugural session of the joint conference of chief ministers and chief justices of high courts in Delhi last year, Prime Minister Narendra Modi had appealed to them to give priority to cases related to undertrial prisoners languishing in jails and release them, as per law, based on human sensitivities.

China blocks India-US move to blacklist 26/11 terrorist

China blocks India-US move to blacklist 26/11 terrorist

Rediff.com20 Jun 2023

Beijing blocked the proposal that had been moved by the US and co-designated by India to blacklist Mir under the 1267 Al Qaeda Sanctions Committee of the UN Security Council as a global terrorist and subject him to assets freeze, travel ban and arms embargo.

Infrastructure development capex hiked by 33% to Rs 10 lakh crore for 2023-24

Infrastructure development capex hiked by 33% to Rs 10 lakh crore for 2023-24

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. "Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP.

Assam to hold socio-economic survey of indigenous Muslims; Cong cries foul

Assam to hold socio-economic survey of indigenous Muslims; Cong cries foul

Rediff.com3 Oct 2023

The decision is expected to provide a push for their development in healthcare, cultural identity, education, financial matters, skill development and women empowerment among others, the Chief Minister's Office said in a statement.

HRD's plan for 20 IIITs fails to get ministry nod

HRD's plan for 20 IIITs fails to get ministry nod

Rediff.com22 Jun 2010

A note issued by the HRD ministry for clearance of Expenditure Finance Committee has been returned by the finance ministry with the suggestion that the proposal may be considered during the 12th plan, official sources said.

India out of race for IMFC top post

India out of race for IMFC top post

Rediff.com3 Oct 2007

After a secret voting by the 24 members of IMFC last Friday, India, Italy and Canada were the only countries that remained in contention for the position, which was traditionally headed by Europe.

Why South India Is Unhappy With Modi

Why South India Is Unhappy With Modi

Rediff.com20 Feb 2024

On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.

Imran Khan's party says they've been denied access to him

Imran Khan's party says they've been denied access to him

Rediff.com6 Aug 2023

Khan, 70, was arrested from his home in Lahore on Saturday shortly after an Islamabad trial court found him guilty of 'corrupt practices' in the Toshakhana corruption case and sentenced him to three-year imprisonment.

Social media platforms being used to raise terror funds: NIA chief

Social media platforms being used to raise terror funds: NIA chief

Rediff.com17 Nov 2022

India has evidence that social media platforms are being used to raise terror funds, NIA director general Dinkar Gupta said on Thursday, underlining that the issue will be deliberated during a two-day international ministerial conference on countering terror financing.

Now, PAN As A Single Business ID

Now, PAN As A Single Business ID

Rediff.com19 Jan 2023

'Each state and central government body may be asked to update its system to ensure PAN is used as a common identification to access its services.'

Deloitte flags 3 Adani Port transactions; contractor named in Hindenburg report

Deloitte flags 3 Adani Port transactions; contractor named in Hindenburg report

Rediff.com31 May 2023

Auditor Deloitte flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.

CBI books dancer Leela Samson over irregularities

CBI books dancer Leela Samson over irregularities

Rediff.com14 Dec 2019

The Central Bureau of Investigation has booked ace Bharatnatyam dancer and former Chairperson of Sangeet Natak Akademi Leela Samson for alleged "unfruitful expenditure" in Rs 7.02-crore renovation project of Koothambalam auditorium of Kalakshetra Foundation, Chennai.

BIFR sets up asset sale committee for CCI: Mohite

BIFR sets up asset sale committee for CCI: Mohite

Rediff.com28 Jul 2003

The Board for Industrial and Financial Reconstruction has constituted an assets sale committee for selling off Cement Corporation of India as a whole or in parts after declaring it sick, Rajya Sabha was informed on Monday.

Trump says Indian-Americans would be voting for him

Trump says Indian-Americans would be voting for him

Rediff.com5 Sep 2020

"We have great support from India. We have great support from Prime Minister Modi. I would think that the Indian (American) people would be voting for Trump," the President told reporters at a White House news conference.

How INDIA Can Counter Modi's Popularity

How INDIA Can Counter Modi's Popularity

Rediff.com11 Jan 2024

What the INDIA alliance needs is neither a counter to Modi's tall personality and undiminished charisma nor a counter-narrative to his Hindutva agenda, now centred on the Ayodhya temple consecration on January 22, argues N Sathiya Moorthy.

Should Banks Be Closed On ALL Saturdays?

Should Banks Be Closed On ALL Saturdays?

Rediff.com25 Jul 2023

Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.

14-year-old girl raped, thrown into furnace in Rajasthan

14-year-old girl raped, thrown into furnace in Rajasthan

Rediff.com3 Aug 2023

A 14-year-old girl was allegedly murdered and her body was burnt in a coal furnace in Rajasthan's Bhilwara district, the police said on Thursday.

Obama campaign announces Asian American panel

Obama campaign announces Asian American panel

Rediff.com9 Jul 2008

The campaign said that, "the committee is comprised of diverse American communities of supporters, including those from Asian-American, South-Asian American, and Pacific Islander background, who will help raise funds to elect Senator Barack Obama as president and to strengthen and expand the Democratic Party."

BCCI set to introduce contract system for women cricketers

BCCI set to introduce contract system for women cricketers

Rediff.com24 May 2015

The BCCI officially announced that India's international women's cricketers will be brought under the ambit of gradation payment like their male counterparts as it was discussed at the recently held finance committee meeting in Delhi.

RBI Rules Make It Difficult To Attract Talent

RBI Rules Make It Difficult To Attract Talent

Rediff.com5 Jun 2023

A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.

RBI supersedes Abhyudaya Co-op Bank board for poor governance

RBI supersedes Abhyudaya Co-op Bank board for poor governance

Rediff.com25 Nov 2023

The Reserve Bank on Friday superseded the board of the city-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of the lender. In what can be seen as a step that should allay depositors' concerns, the central bank did not put any restrictions or moratorium on deposit withdrawals because of the comfort it gets on the bank's finances, according to people in the know. "(The) action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank.

Modi replaces top finance mandarin Mayaram in 1st major shake up

Modi replaces top finance mandarin Mayaram in 1st major shake up

Rediff.com16 Oct 2014

Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.

'Democracy is at risk, its pillars are getting weakened'

'Democracy is at risk, its pillars are getting weakened'

Rediff.com30 Oct 2023

'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'

AMU's Governance Structure Is Democratic, Not Divine

AMU's Governance Structure Is Democratic, Not Divine

Rediff.com18 Mar 2023

These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.

'Finance ministry supported NSE in fight with MCX'

'Finance ministry supported NSE in fight with MCX'

Rediff.com22 Mar 2014

Chary also says some government officials have played an important role in favouring organisations that MCX competes with.

BSP Beyond Behenji

BSP Beyond Behenji

Rediff.com15 Jan 2024

'It is an existential crisis. We cannot recover lost ground through social media. We need to forge alliances and reshape our ideological contours.'

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Rediff.com29 Nov 2022

The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.

Govt changes biz models to attract private investments in infra

Govt changes biz models to attract private investments in infra

Rediff.com9 Sep 2014

The move is part of a larger initiative by the government to speed up work in the highway sector.

Pranab and Modi worked as a team: Sharmishtha Mukherjee

Pranab and Modi worked as a team: Sharmishtha Mukherjee

Rediff.com12 Dec 2023

Sharmishtha, who has quit politics, also clarified that she has not tried to tweak her father's views about anyone.

Adani issue, ED raids set to rock Parliament, again

Adani issue, ED raids set to rock Parliament, again

Rediff.com12 Mar 2023

The opposition parties will meet on Monday morning to evolve their strategy in both Houses of Parliament after protests by them on the Hindenburg-Adani issue overshadowed most of the first half of the Budget session.

Indian-American filmmaker indicted for campaign finance fraud

Indian-American filmmaker indicted for campaign finance fraud

Rediff.com24 Jan 2014

Indian-American filmmaker Dinesh D'Souza, who had made a documentary on US President Barack Obama, has been indicted on charges of violating federal campaign finance laws.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

What Pranab Da Thought About Sonia Gandhi

What Pranab Da Thought About Sonia Gandhi

Rediff.com9 Dec 2023

Pranab's earlier fear of Sonia relying too heavily on a coterie due to her lack of experience turned out to be unfounded. As per Pranab, Sonia had her close advisers but she did not follow anyone's advice blindly. A fascinating excerpt from Sharmistha Mukherjee's Pranab, My Father: A Daughter Remembers.

'No government ever stooped so low'

'No government ever stooped so low'

Rediff.com30 Oct 2023

'It is violation of the Model Code of Conduct.' 'It is a penal offence under the IPC to exert undue influence on voters.' 'Under the election law, it is a corrupt practice.'

RBI Governor Wants Bankers To Be Like Dravid

RBI Governor Wants Bankers To Be Like Dravid

Rediff.com20 Nov 2023

The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.

America loves India: Trump

America loves India: Trump

Rediff.com5 Jul 2020

Prime Minister Modi on Saturday congratulated President Trump and the people of the US on the country's 244th Independence Day, saying as the world's largest democracies "we cherish freedom and human enterprise that this day celebrates".