News for 'Finance Minister'

CBI Investigates Possible Contract Killing Of Adhikari Aide

CBI Investigates Possible Contract Killing Of Adhikari Aide

Rediff.com12 May 2026

The CBI is investigating the murder of Suvendu Adhikari's aide, Chandranath Rath, suspecting it was a meticulously planned contract killing. The investigation involves forensic analysis and examination of potential interstate criminal links.

Mumbai's iconic Air India building set to become Maha govt hub soon

Mumbai's iconic Air India building set to become Maha govt hub soon

Rediff.com29 Apr 2026

The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

GST: Jaitley to meet state finance ministers tomorrow

GST: Jaitley to meet state finance ministers tomorrow

Rediff.com21 Apr 2015

The Bill was introduced in the Lok Sabha in December.

Budget 2026: Key numbers to be watched

Budget 2026: Key numbers to be watched

Rediff.com1 Feb 2026

Here are the key numbers to watch out for in the Union Budget for 2025-26:

She Wore Purple! 9 Times Nirmala Sitharaman Wowed Us!

She Wore Purple! 9 Times Nirmala Sitharaman Wowed Us!

Rediff.com2 Feb 2026

Union Finance Minister Nirmala Sitharaman is well-known for donning saris that speak as powerfully as her budget speech. Each Budget Day, she selects a drape that pays tribute to India's amazing textile heritage and the mastery of its artisans.

Centre to retain states' tax share at 41% for next five years

Centre to retain states' tax share at 41% for next five years

Rediff.com1 Feb 2026

The 16th Finance Commission, led by Arvind Panagariya, has recommended maintaining the states' share in central taxes at 41% for the five-year period starting April 1, 2026. The government has accepted this recommendation, with Rs 1.4 lakh crore allocated to states for FY 2026-27 as Finance Commission Grants.

Finance Minister Sitharaman faces an economy under pressure

Finance Minister Sitharaman faces an economy under pressure

Rediff.com31 May 2019

A stern articulator with outspoken views and a dignified personality, Sitharaman now bears the responsibility of steering the economy which has witnessed sluggish growth in recent quarters.

The finance minister and a tale of two issues

The finance minister and a tale of two issues

Rediff.com18 Sep 2012

IDBI Bank's recent overseas money raising experience points to renewed interest in India.

The 20 challenges that the finance minister faces!

The 20 challenges that the finance minister faces!

Rediff.com22 Feb 2011

The Union Budget 2011-12 is just round the corner. On February 28, even as Finance Minister Pranab Mukherjee announces his Budget proposals there are a lot of challenges that face him.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

Budget session from Jan 28; Union Budget on February 1

Budget session from Jan 28; Union Budget on February 1

Rediff.com9 Jan 2026

The Budget session of Parliament will be held from January 28 to April 2, featuring the President's address, the Economic Survey, and the presentation of the general Budget.

Revised ITR deadline extended with penalty in Budget 2026

Revised ITR deadline extended with penalty in Budget 2026

Rediff.com1 Feb 2026

The FM proposed a rule-based automated process for small taxpayers in FY27 Budget.

11 Items That Got Cheaper Post-Budget

11 Items That Got Cheaper Post-Budget

Rediff.com2 Feb 2026

What items did Indian Finance Minister Nirmala Sitharaman make cheaper?

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the country's pharmaceuticals industry.

Ambitious, futuristic: PM Modi lauds Sitharaman's 9th Budget

Ambitious, futuristic: PM Modi lauds Sitharaman's 9th Budget

Rediff.com1 Feb 2026

Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Rediff.com5 Feb 2026

The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Send your Budget wishlist to the Finance Minister!

Send your Budget wishlist to the Finance Minister!

Rediff.com15 Jan 2015

You too can send in your suggestion of what the Budget should be like.

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Rediff.com10 Apr 2026

Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Rediff.com15 May 2026

With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.

Who will be India's next Finance Minister?

Who will be India's next Finance Minister?

Rediff.com26 Jun 2012

India's finance minister Pranab Mukherjee is all set to become the next President of the country.

Germany plans to host G-20 finance ministers' meet

Germany plans to host G-20 finance ministers' meet

Rediff.com25 Jan 2010

Welcoming Obama's financial sector reform proposals, German finance minister Wolfgang Schaeuble said on Sunday he plans to convene a meeting of the G-20 finance ministers in Berlin ahead of the G-20 summit in Canada in June.

Union Budget 2026: Fiscal deficit target set at 4.3%

Union Budget 2026: Fiscal deficit target set at 4.3%

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for FY27, continuing the path of fiscal consolidation. The government aims to reduce the debt-to-GDP ratio to 55.6% by BE 2026-27 and further to around 50% by March 2031.

Income-tax: What the finance minister has in store

Income-tax: What the finance minister has in store

Rediff.com28 Feb 2011

In a relief to individual tax payers, the government on Friday changed the slabs cutting the rate to 10 per cent for income up to Rs five lakh, while leaving the threshold limit for tax-free income unchanged at Rs 1.6 lakh.

A look at P Chidambaram's legacy as finance minister

A look at P Chidambaram's legacy as finance minister

Rediff.com28 Jul 2014

In Mr Chidambaram's third stint as finance minister, which lasted till his government was voted out in May this year, he had a fairly pressing crisis to deal with.

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Rediff.com20 Mar 2026

Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

How the finance minister defended his Budget

How the finance minister defended his Budget

Rediff.com1 Mar 2011

The forward process is on, the Finance Minister Pranab Mukherjee tells NDTV 24x7.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

Narayana Murthy's son-in-law named UK finance minister

Narayana Murthy's son-in-law named UK finance minister

Rediff.com14 Feb 2020

The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to leave the European Union.

'Real Issue Is Land, Not Religion In Assam'

'Real Issue Is Land, Not Religion In Assam'

Rediff.com5 May 2026

'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'

JD-U reveals why it ceded Bihar's reins to BJP after Nitish exit

JD-U reveals why it ceded Bihar's reins to BJP after Nitish exit

Rediff.com23 Apr 2026

The JD(U) stated that it supported the BJP for the Bihar chief minister's post to reciprocate past support, as the new government prepares for a vote of confidence.

Anil Ambani seeks debt treatment like Sterling's Sandesaras'

Anil Ambani seeks debt treatment like Sterling's Sandesaras'

Rediff.com24 Mar 2026

Industrialist Anil Ambani has approached the Supreme Court seeking a court-facilitated debt resolution similar to the one provided to Sterling group's Nitin and Chetan Sandesara, and five other members of their families.

Amid US blockade of Hormuz, India emphasises safe maritime passage

Amid US blockade of Hormuz, India emphasises safe maritime passage

Rediff.com16 Apr 2026

External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.

'Finance Minister has done an admirable job': PM

'Finance Minister has done an admirable job': PM

Rediff.com7 Jul 2009

Prime Minister Manmohan Singh hailed the Union Budget 2009-10, which was presented by Finance Minister Pranab Mukherjee on the floor of the Parliament on Monday.

Bihar gets first BJP-led govt; Samrat Choudhary takes oath as CM

Bihar gets first BJP-led govt; Samrat Choudhary takes oath as CM

Rediff.com15 Apr 2026

Samrat Choudhary's appointment as Bihar's Chief Minister marks a significant milestone for the BJP, ushering in a new era of leadership in the state's political landscape.