News for 'Finance Ministers Office'

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.

K'taka actor-turned politician Sumalatha may join BJP, announcement on Friday

K'taka actor-turned politician Sumalatha may join BJP, announcement on Friday

Rediff.com9 Mar 2023

According to reports Sumalatha, an independent MP, is likely to announce her decision to join the BJP in a press meet at Mandya on Friday.

Ashok Khemka among 9 IAS officers transferred in Haryana

Ashok Khemka among 9 IAS officers transferred in Haryana

Rediff.com4 Mar 2019

The IAS officer, who was posted for nearly 15 months in the sports and youth affairs department, headed by Minister Anil Vij, has been transferred over 45 times in his career so far.

Kharge says his mic was turned off, Opposition walks out of RS

Kharge says his mic was turned off, Opposition walks out of RS

Rediff.com26 Jul 2023

Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday claimed he was 'insulted' as his mic was turned off while he was speaking in the House the previous day.

Is It Time For 5 Regional RBIs?

Is It Time For 5 Regional RBIs?

Rediff.com7 Feb 2023

Despite its admirable competence and proven track record, the RBI doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year, points out T C A Srinivasa Raghavan.

French firm cancels sale of 500-yr-old Nataraj idol stolen from TN temple

French firm cancels sale of 500-yr-old Nataraj idol stolen from TN temple

Rediff.com16 Dec 2022

The efforts drew the spontaneous appreciation of Union Finance Minister Nirmala Sitharaman.

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Rediff.com14 Jun 2023

Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.

Goa Chief Minister Parrikar heads to US for treatment

Goa Chief Minister Parrikar heads to US for treatment

Rediff.com7 Mar 2018

Before leaving for Mumbai on Tuesday, Parrikar held a series of meetings, including one with senior state ministers.

Jaitley in ICU, is 'haemodynamically stable': AIIMS

Jaitley in ICU, is 'haemodynamically stable': AIIMS

Rediff.com9 Aug 2019

Prime Minister Narendra Modi, Home Minister Amit Shah, Lok Sabha Speaker Om Birla, Union Health Minister Harsh Vardhan and Minister of State for Health Ashwini Choubey are at the hospital to enquire about his health condition.

Stalin's Latest Headache

Stalin's Latest Headache

Rediff.com22 Dec 2023

CM Stalin has a procedural problem. Nominating new ministers would entail his having to seek formal permission from governor R N Ravi. Stalin does not want to interact with the person of this governor, as far as possible, predicts N Sathiya Moorthy.

FM 'in the dark' on PM's minority lending letter

FM 'in the dark' on PM's minority lending letter

Rediff.com14 Mar 2007

Finance Minister P Chidambaram today said he was in the dark about a letter from the Prime Minister's Office stating that 15 per cent priority sector lending should be targeted at minorities.

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rediff.com21 Oct 2022

The 42-year-old is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback. Third placed in what is emerging as a three-way contest is Leader of the Commons Penny Mordaunt, who had polled third in the first round of parliamentary votes to shortlist candidates for the last leadership race.

Sitharaman assures angry PMC depositors of changes in law

Sitharaman assures angry PMC depositors of changes in law

Rediff.com10 Oct 2019

At the press interaction, Sitharaman said secretaries from the department of financial services and economic affairs will be meeting a deputy governor of RBI soon to look into the "shortcomings" of the functioning of multi-state cooperative banks and see if any amendments can be made to the laws.

ED's Rajeshwar Singh to retire; may contest UP polls on BJP ticket

ED's Rajeshwar Singh to retire; may contest UP polls on BJP ticket

Rediff.com20 Aug 2021

A BTech and PhD in police, human rights and social justice, Singh joined the federal anti-money laundering investigations agency in 2009 on deputation from Uttar Pradesh where he was serving as a state police service officer.

CEOs get finmin shield over frauds by bank officials

CEOs get finmin shield over frauds by bank officials

Rediff.com28 Jan 2020

With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance in dealing with large value frauds committed by bank officials.

Jaswant Singh's meeting phobia

Jaswant Singh's meeting phobia

Rediff.com17 Dec 2002

Infosys given time till Sep 15 to resolve I-T portal glitches

Infosys given time till Sep 15 to resolve I-T portal glitches

Rediff.com23 Aug 2021

Finance Minister Nirmala Sitharaman on Monday conveyed to Infosys CEO Salil Parekh in no uncertain terms the government's "deep disappointment and concern" over the continuing glitches in the new income tax filing portal and set September 15 as the deadline for the software major to resolve all snags. As glitches continued to mar the functioning of the portal even after over two months of its launch, Sitharaman summoned Infosys MD & CEO Parekh at her office here to know the reasons for not resolving the snags in the portal. A statement issued by the Income Tax Department said that during the meeting the finance minister emphasised that there is a need for putting in more resources and efforts on the part of Infosys so that the much delayed delivery of agreed services is ensured.

Labour ministry engages with job portals over skilling ecosystem

Labour ministry engages with job portals over skilling ecosystem

Rediff.com11 Feb 2022

The labour ministry on Thursday held discussions with representatives of private job portals, including Naukri, Monster, LinkedIn, Indeed and TimesJobs. The ministry held discussions towards strengthening the 'Employment and Skilling Ecosystem' in India, an official release said. Sunil Barthwal, secretary, ministry of labour and employment held a meeting on 10th February 2022 with representatives of the top private job portals of the country, the release said.

Narendra Modi Cabinet gets 21 new ministers

Narendra Modi Cabinet gets 21 new ministers

Rediff.com9 Nov 2014

Former Goa Chief Minister Manohar Parrikar and three others were on Sunday inducted into the Union Cabinet as Prime Minister Narendra Modi expanded his Council of Ministers, bringing in 21 new ministers as Shiv Sena kept away from the exercise.

Carnatic Music Goes From Raga To Rage

Carnatic Music Goes From Raga To Rage

Rediff.com29 Mar 2024

They all seem to forget that the Music Academy is as much an independent institution as T M Krishna is an individual musician. In drawing those red lines for the Academy management, they do not even seem to recognise that they too have crossed a red line themselves, points out N Sathiya Moorthy.

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Rediff.com13 May 2023

In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations. IBBI has called the exercise "crowdsourcing of ideas".

OROP protest outside Jaitley's residence ends, MoS meets veterans

OROP protest outside Jaitley's residence ends, MoS meets veterans

Rediff.com18 Jan 2016

Ex-servicemen seeking changes in government's OROP scheme on Monday shifted their protest back to Jantar Mantar in New Delhi from outside Finance Minister Arun Jaitley.

Is Stalin Slipping Up In A Poll Year?

Is Stalin Slipping Up In A Poll Year?

Rediff.com28 Apr 2023

ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.

New power tariff policy approved

New power tariff policy approved

Rediff.com24 Dec 2005

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Why CBI went after Sebi officers for Saradha, not Sahara

Why CBI went after Sebi officers for Saradha, not Sahara

Rediff.com15 Apr 2021

It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.

Glitches in new I-T portal: FinMin, Infy to meet on June 22

Glitches in new I-T portal: FinMin, Infy to meet on June 22

Rediff.com21 Jun 2021

Two weeks since the much talked about new income tax return filing portal was launched, technical glitches continue to mar the site, an issue finance ministry officials will take up in a meeting with Infosys -- the vendor which provided the IT solution -- at a meeting on Tuesday. Several stakeholders have submitted written inputs highlighting the issues facing the portal as well as areas that need to be fixed. At the company's annual shareholder meeting, Infosys had on Saturday stated that it is working to resolve the issues and has already succeeded on some fronts.

'Problem is not with the Constitution'

'Problem is not with the Constitution'

Rediff.com11 Nov 2022

'The problem is with those who are entrusted with powers.'

FM to meet sectoral regulators to take stock of the economy

FM to meet sectoral regulators to take stock of the economy

Rediff.com6 Nov 2019

The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs.

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Rediff.com24 Jun 2023

Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.

Why India's Growth Rate Has Suffered

Why India's Growth Rate Has Suffered

Rediff.com28 Mar 2023

'80% of the rural and urban population don't have enough purchasing power.'

'In life as well as in politics, nothing is black or white'

'In life as well as in politics, nothing is black or white'

Rediff.com15 Dec 2023

'There was trust, but perhaps there was also this apprehension that given the supreme post of prime minister, Sonia Gandhi felt her authority may be a challenged.'

Probe into DDCA will continue, says Kejriwal

Probe into DDCA will continue, says Kejriwal

Rediff.com8 Jan 2016

A defiant CM Kejriwal said the commission of inquiry constituted by Delhi government will continue its probe into alleged irregularities into the DDCA affairs.

Atanu Chakraborty made secretary, dept of expenditure

Atanu Chakraborty made secretary, dept of expenditure

Rediff.com30 Oct 2019

Senior bureaucrat Atanu Chakraborty has been appointed as the department of expenditure secretary on Wednesday, replacing G C Murmu who was named as the first Jammu and Kashmir lieutenant governor last week.

2021-22 Economic Survey may revert to one volume after eight years

2021-22 Economic Survey may revert to one volume after eight years

Rediff.com15 Nov 2021

The Economic Survey released before next year's Budget could become a single volume, reverting to the practice followed till FY14. "There is so much to write about the Indian economy's performance in the past year. "Most of the exciting themes will be covered in what used to be considered Part II," said a senior government official who is part of the preparations for the Survey.

The Remarkable Life And Legacy Of Oommen Chandy

The Remarkable Life And Legacy Of Oommen Chandy

Rediff.com22 Jul 2023

'Oommen Chandy always had time for his people and valued their voices.' 'There was no rest for him as long as the betterment of his fellow citizens was at stake.' Ambassador Venu Rajamony, who knew the former Kerala chief minister for half a century, salutes a beloved leader who worked tirelessly for the welfare of its people.

'Political situation in Punjab has been somewhat volatile'

'Political situation in Punjab has been somewhat volatile'

Rediff.com26 Apr 2023

'The politics that is now being played in Punjab doesn't contribute towards peace and tranquillity.'

'Electoral Bonds Biggest Scam In India'

'Electoral Bonds Biggest Scam In India'

Rediff.com10 Apr 2024

'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'

'Gurumurthy must be sacked from RBI'

'Gurumurthy must be sacked from RBI'

Rediff.com27 May 2022

'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'

Now Adhir seeks unconditional apology from Smriti for insulting Prez Murmu

Now Adhir seeks unconditional apology from Smriti for insulting Prez Murmu

Rediff.com31 Jul 2022

However, he pointed out that the manner in which Smriti Irani was taking the name of President in the House was not proper and in consonance with the status and position of the President.