News for 'Finance Minister'

Why Is Mehli Mistry Against Noel Tata?

Why Is Mehli Mistry Against Noel Tata?

Rediff.com8 Oct 2025

Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.

Bihar Polls: Makhana Turns Into Political Hot Potato

Bihar Polls: Makhana Turns Into Political Hot Potato

Rediff.com10 Nov 2025

As it gains commercial viability, the food will likely become a powerful political currency.

Odisha Gives MLAs A 200% Pay Hike

Odisha Gives MLAs A 200% Pay Hike

Rediff.com23 Dec 2025

In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).

Saudi Pledges To Defend Pakistan Against Attack, India Says...

Saudi Pledges To Defend Pakistan Against Attack, India Says...

Rediff.com18 Sep 2025

Saudi Arabia and Pakistan have signed a 'Strategic Mutual Defence Agreement', pledging that any aggression against either nation would be treated as an attack on both.

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Rediff.com6 Sep 2025

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.

PIX: Prez feeds 'dahi-cheeni' to Sitharaman ahead of budget

PIX: Prez feeds 'dahi-cheeni' to Sitharaman ahead of budget

Rediff.com1 Feb 2025

As per established tradition, the finance minister met the President at the Rashtrapati Bhavan before heading to Parliament.

Former financial official executed in China over $ 57 mn bribery case

Former financial official executed in China over $ 57 mn bribery case

Rediff.com9 Dec 2025

China executed Bai Tianhui, a former top official of a state-owned financial firm, for accepting bribes totaling CNY 1.108 billion (about USD 157 million).

What's Nirmalaji Doing At Rezang La?

What's Nirmalaji Doing At Rezang La?

Rediff.com18 Jun 2025

Finance Minister Nirmala Sitharaman paid homage at the Rezang La War Memorial at Chushul in Ladakh on Tuesday, June 17, 2025.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

'Petrol, Diesel In GST? Not In Immediate Future'

'Petrol, Diesel In GST? Not In Immediate Future'

Rediff.com26 Sep 2025

'Tax cannot be emotional.'

Shapoorji Pallonji calls for public listing of Tata Sons

Shapoorji Pallonji calls for public listing of Tata Sons

Rediff.com10 Oct 2025

SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

PHOTOS: When netas roll out mats for Yoga Day

PHOTOS: When netas roll out mats for Yoga Day

Rediff.com21 Jun 2025

Take a look at our leaders taking to the yoga mats on this special day.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

Why Harsh Sanghvi Is So Important For Gujarat BJP

Why Harsh Sanghvi Is So Important For Gujarat BJP

Rediff.com21 Oct 2025

'He is a man of action and goes to the ground and solves the problem.' 'Be it the Air India crash of Ahmedabad, Morbi bridge collapse, Deesa blast or Gambhira bridge collapse, he is on the spot.'

Sensex jumps over 513 points on buying in IT stocks

Sensex jumps over 513 points on buying in IT stocks

Rediff.com19 Nov 2025

From the Sensex pack, HCL Tech, Infosys, Tata Consultancy Services, Hindustan Unilever, Sun Pharma and Titan were among the biggest gainers. In contrast, Tata Motors Passenger Vehicles, Maruti, Adani Ports and Bajaj Finance were among the laggards.

How well do you know these facts about Union Budget?

How well do you know these facts about Union Budget?

Rediff.com30 Jan 2025

Finance Minister Nirmala Sitharaman on February 1 will present a record eighth consecutive budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

Bindra report exposes flaws in India's sports administration

Bindra report exposes flaws in India's sports administration

Rediff.com30 Dec 2025

'Neither SAI nor state departments have a dedicated sports administration service. Instead, roles are filled by generalist civil servants or contractual staff, often lacking sector-specific expertise.'

CBI suffers setback as court frees Rubaiyya Sayeed kidnapping accused

CBI suffers setback as court frees Rubaiyya Sayeed kidnapping accused

Rediff.com2 Dec 2025

A special court has released Shafat Ahmed Shangloo, arrested by the CBI in connection with the 1989 kidnapping of Rubaiyya Sayeed. The court denied the CBI's request for custody, noting his absence in the charge sheet.

Vijay praises BJP-partnered Puducherry government

Vijay praises BJP-partnered Puducherry government

Rediff.com9 Dec 2025

Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.

6 immediate tasks for the new finance minister

6 immediate tasks for the new finance minister

Rediff.com28 May 2014

The government will have to allocate more resources for banks in the Budget.

Don't buy Russian oil, impose tariff on China: Trump to NATO

Don't buy Russian oil, impose tariff on China: Trump to NATO

Rediff.com13 Sep 2025

Trump's post on Truth Social comes a day after the US asked G7 countries to impose tariffs on countries purchasing oil from Russia.

Noel Tata, two others block Mehli Mistry's reappointment as trustee

Noel Tata, two others block Mehli Mistry's reappointment as trustee

Rediff.com28 Oct 2025

Tata Trusts chairman Noel Tata and two other powerful trustees considered close to him blocked the reappointment of late Ratan Tata's close associate and businessman Mehli Mistry as trustee, deepening the rift at the philanthropic arm that controls the holding company of Tata Group, people familiar with the matter said.

Yay or nay? Rate Sitharaman's 8th Budget!

Yay or nay? Rate Sitharaman's 8th Budget!

Rediff.com1 Feb 2025

Finance Minister Nirmala Sitharaman presented her eighth budget on Saturday.

MGNREGA bulldozed, right to work demolished: Sonia

MGNREGA bulldozed, right to work demolished: Sonia

Rediff.com22 Dec 2025

This comes a day after President Droupadi Murmu gave her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, which replaces the MGNREGA and has a provision for 125 days of wage employment for rural workers.

Sensex down 278 points; Nifty ends below 26,000

Sensex down 278 points; Nifty ends below 26,000

Rediff.com18 Nov 2025

Among Sensex firms, Tech Mahindra, Infosys, Bajaj Finance, Bajaj Finserv, Eternal, Adani Ports, Hindustan Unilever and Bharat Electronics were the major laggards. However, Bharti Airtel, Axis Bank, Asian Paints and Titan were among the gainers.

Govt for nil GST on insurance premium for individuals

Govt for nil GST on insurance premium for individuals

Rediff.com20 Aug 2025

The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.

PSBs' share in household deposits falls to 63%; private banks gain ground

PSBs' share in household deposits falls to 63%; private banks gain ground

Rediff.com9 Sep 2025

Public sector banks (PSBs) have seen a sharp drop in household deposits from 70.6 per cent to 63 per cent in contrast with private banks, which witnessed a surge from 27.1 per cent to 34.1 per cent.

Folks, The State Of The Indian Economy

Folks, The State Of The Indian Economy

Rediff.com31 Jan 2025

On Friday, January 31, 2025, Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-2025 in the Lok Sabha.

Fadnavis downplays Ajit Pawar's fund remarks; denies rift with Shinde

Fadnavis downplays Ajit Pawar's fund remarks; denies rift with Shinde

Rediff.com23 Nov 2025

Maharashtra Chief Minister Devendra Fadnavis addressed concerns about discriminatory fund allocation and reports of a rift with Deputy CM Eknath Shinde, dismissing both as unfounded.

Govt approves schemes worth Rs 45,000 cr to boost exports

Govt approves schemes worth Rs 45,000 cr to boost exports

Rediff.com12 Nov 2025

The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

Gujarat cabinet rejig: A look at new ministerial portfolios

Gujarat cabinet rejig: A look at new ministerial portfolios

Rediff.com18 Oct 2025

Gujarat Chief Minister Bhupendra Patel allocated portfolios following a major cabinet reshuffle, with Harsh Sanghavi becoming Deputy CM and receiving Home and Industries. New ministers, including Rivaba Jadeja, were also assigned responsibilities.

India to submit updated climate goals in December: Yadav

India to submit updated climate goals in December: Yadav

Rediff.com18 Nov 2025

India will publish its revised Nationally Determined Contribution (NDC) for the 2035 period by December, Environment Minister Bhupender Yadav said on Monday, while urging developed nations to achieve net zero targets ahead of their current timelines.

'I Can't Say On September 22, I Will Be With A Stick'

'I Can't Say On September 22, I Will Be With A Stick'

Rediff.com22 Sep 2025

'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'

Will The GST Cut Make A Difference?

Will The GST Cut Make A Difference?

Rediff.com22 Sep 2025

These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.

'We Carried BJP to Power, Now They Crush Us'

'We Carried BJP to Power, Now They Crush Us'

Rediff.com19 Nov 2025

'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'

IndiGo Board Unsure If CEO Must Go

IndiGo Board Unsure If CEO Must Go

Rediff.com9 Dec 2025

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'