News for 'Finance Minister'

The mistakes Finance Ministers make

The mistakes Finance Ministers make

Rediff.com10 Mar 2007

In the seven intervening years since his "dream" Budget of 1997, the only thing that doesn't seem to have changed about him is his name.

Modi to move to new office, PMO gets new address: Seva Teertha

Modi to move to new office, PMO gets new address: Seva Teertha

Rediff.com12 Feb 2026

For decades, several key government offices and ministries functioned from fragmented and ageing infrastructure spread across multiple locations in the Central Vista area.

GST Cut: How Much Will States Lose?

GST Cut: How Much Will States Lose?

Rediff.com15 Sep 2025

Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit.

FPIs withdraw Rs 36,000 cr in Jan amid global uncertainties

FPIs withdraw Rs 36,000 cr in Jan amid global uncertainties

Rediff.com3 Feb 2026

Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly Rs 36,000 crore (about $3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in the near future.

Violent protests continue in Nepal, minister's houses targeted

Violent protests continue in Nepal, minister's houses targeted

Rediff.com10 Sep 2025

The protesters shouted slogans such as KP Chor, Desh Chhod (K P Sharma Oli is a thief, quit the country), "Take action against corrupt leaders".

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

Lok Sabha rejects Oppn motion to remove Om Birla as Speaker

Lok Sabha rejects Oppn motion to remove Om Birla as Speaker

Rediff.com11 Mar 2026

The Lok Sabha rejected a resolution seeking the removal of Om Birla as Speaker by a voice vote amidst opposition protests and demands for an apology from Home Minister Amit Shah.

Budget themes paint it as a reformative exercise

Budget themes paint it as a reformative exercise

Rediff.com11 Feb 2026

The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.

Sunetra Pawar Takes Charge

Sunetra Pawar Takes Charge

Rediff.com10 Feb 2026

Nationalist Congress Party leader Sunetra Pawar on Tuesday took charge as Maharshtra's deputy chief minister, a fortnight after her husband Ajit Pawar died in an air crash.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

'Finance minister should emulate Chanakya'

'Finance minister should emulate Chanakya'

Rediff.com27 Feb 2008

If the FM can levy education cess to meet the cost of education, then why not defense cess for defense cost, health cess, food cess, and so on. What are the tax collections meant for, asks Kanu H Doshi, partner of Kanu Doshi Associates, chartered accountants, Mumbai.

Global trade getting weaponised through tariffs: Sitharaman

Global trade getting weaponised through tariffs: Sitharaman

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Wednesday said global trade is increasingly "getting weaponised" through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage.

GST Council To Consider 5% GST For Air, Water Purifiers

GST Council To Consider 5% GST For Air, Water Purifiers

Rediff.com12 Jan 2026

Any reduction on purifiers would need consensus among state finance ministers.

Railways gets record Rs 2.78 lakh cr capex; focus on new lines, safety

Railways gets record Rs 2.78 lakh cr capex; focus on new lines, safety

Rediff.com1 Feb 2026

The Budget allocation includes the construction of new lines and the purchase of locomotives, wagons, and coaches, among other works.

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

Rediff.com25 Nov 2025

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'

Ajit Pawar's Balancing Act With Muslims

Ajit Pawar's Balancing Act With Muslims

Rediff.com3 Feb 2026

Ajit Pawar became a ray of hope for Muslims, the only man in power who could resolve their grievances.

Saini Targets Rivals, Courts OBCs in Punjab

Saini Targets Rivals, Courts OBCs in Punjab

Rediff.com1 Mar 2026

Haryana Chief Minister Nayab Singh Saini addressed the 'Saini Samaj' in Punjab, appealing to the OBC community ahead of the upcoming state elections. He criticized rival parties for neglecting OBCs and highlighted the BJP's commitment to their welfare.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

PNB fraud case: Finance Minister Jaitley blames bank management, auditors

PNB fraud case: Finance Minister Jaitley blames bank management, auditors

Rediff.com21 Feb 2018

Without naming either the alleged kingpin of the fraud, billionaire jeweller Nirav Modi, or Punjab National Bank, Jaitley questioned the ethics of some businesses in the country and asked as to why the bank's internal and external auditors could not detect the fraud which had been going on for 7 long years.

Gold likely to hold ground; silver braces for volatility

Gold likely to hold ground; silver braces for volatility

Rediff.com8 Feb 2026

Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Rediff.com29 Jan 2026

The value of the rupee, which has slipped to the 92 per dollar mark, does not accurately reflect India's stellar economic fundamentals, the Economic Survey said on Thursday.

Economic Survey 2026: India must run marathon and sprint simultaneously

Economic Survey 2026: India must run marathon and sprint simultaneously

Rediff.com29 Jan 2026

According to the Economic Survey 2026, the appropriate stance for 2026 is therefore one of strategic sobriety rather than defensive pessimism.

How did Sensex fare on Budget days since 2014

How did Sensex fare on Budget days since 2014

Rediff.com1 Feb 2026

In the 15 Union Budget presentation days of the Narendra Modi government since it came to power in 2014, the BSE benchmark Sensex has ended in negative territory eight times.

Sunetra Pawar becomes Maharashtra's first woman deputy CM

Sunetra Pawar becomes Maharashtra's first woman deputy CM

Rediff.com31 Jan 2026

Sunetra Pawar, wife of late NCP leader Ajit Pawar, was sworn in as Maharashtra's first woman deputy Chief Minister after being elected as the leader of the NCP legislature wing.

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

Rediff.com26 Feb 2026

India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.

Double-Decker Buses Set To Boost Delhi Tourism

Double-Decker Buses Set To Boost Delhi Tourism

Rediff.com2 Mar 2026

The 63-seater open-top bus, manufactured by Ashok Leyland's arm Switch Mobility, was gifted to the city's tourism department as a corporate social responsibility initiative.

Swiss finance minister says US tax deal can be reached

Swiss finance minister says US tax deal can be reached

Rediff.com27 Jan 2013

Meeting planned with U.S. Attorney General in coming weeks

Sensex jumps 944 points on value-buying in oil, auto, banking stocks

Sensex jumps 944 points on value-buying in oil, auto, banking stocks

Rediff.com2 Feb 2026

Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers. Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were the laggards.

Modi holds 'Pariksha Pe Charcha' on Brahmaputra cruise

Modi holds 'Pariksha Pe Charcha' on Brahmaputra cruise

Rediff.com21 Dec 2025

Prime Minister Narendra Modi interacted with students on a cruise ship on the Brahmaputra River during a 'Pariksha Pe Charcha' programme on the second day of his Assam visit.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

No outlay for Chabahar port, India cuts Bangladesh aid

No outlay for Chabahar port, India cuts Bangladesh aid

Rediff.com1 Feb 2026

It is learnt that India was mulling various options relating to the project after Trump administration threatened a 25 per cent additional tariff on countries doing business with Tehran.

'Where is Guru Dakshina coming from?': Priyank Kharge targets RSS

'Where is Guru Dakshina coming from?': Priyank Kharge targets RSS

Rediff.com16 Feb 2026

Priyank Kharge accused the RSS of money laundering, demanding transparency in their financial dealings and questioning their exemption from laws applicable to other organizations.

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Rediff.com1 Feb 2026

The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.

GST Made Easy From Nov 1

GST Made Easy From Nov 1

Rediff.com25 Oct 2025

Nearly 96 per cent of new applicants will benefit from this simplified approval route.

Was Ajit preparing to quit the NDA?: Fadnavis on NCP merger

Was Ajit preparing to quit the NDA?: Fadnavis on NCP merger

Rediff.com1 Feb 2026

On reports of the BJP opposing the NCP merger, Fadnavis asserted that his party hasn't opposed anyone.

F1 drops Bahrain, Saudi Arabia races over Middle East crisis

F1 drops Bahrain, Saudi Arabia races over Middle East crisis

Rediff.com15 Mar 2026

Formula One has cancelled the Bahrain and Saudi Arabian Grands Prix scheduled for April due to escalating Middle East tensions, reducing the 2026 F1 calendar from 24 to 22 races.

Rajiv Gandhi: 'I Can't Sack People'

Rajiv Gandhi: 'I Can't Sack People'

Rediff.com18 Feb 2026

'When I met the prime minister, he asked me, "Dr Ganguly, what do you do with people in your company who lie to you?"' 'I said, "Prime Minister, we counsel them and give them a gentle warning. If they lie again, they are sacked".' '"This is my problem,'" Rajiv responded. "I can't sack people in government".' A revealing excerpt from former Hindustan Lever Chairman Dr Ashok S Ganguly's We Are Our Future: Reflections On Life.