News for 'Finance Ministers Office'

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

UP cracks down on illegal cough syrup trade, 75 arrested

UP cracks down on illegal cough syrup trade, 75 arrested

Rediff.com20 Dec 2025

Uttar Pradesh authorities have registered 74 cases and arrested 75 people in connection with the illegal storage and sale of codeine-based cough syrup. A minister alleges links to the Samajwadi Party and an SIT is investigating.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

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.

Now, Kerala Guv seeks action against finance minister, CM says no

Now, Kerala Guv seeks action against finance minister, CM says no

Rediff.com26 Oct 2022

Kerala Governor Arif Mohammed Khan has written to Chief Minister Pinarayi Vijayan seeking 'constitutionally appropriate' action against Finance Minister K N Balagopal for making a speech 'undermining unity', a demand turned down by the CM.

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

Rediff.com1 Feb 2026

Sitharaman in her budget speech said that the customs proposal "aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty".

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.

'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.

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.

Aiyar versus Tharoor: Congress's men of letters in war of letters

Aiyar versus Tharoor: Congress's men of letters in war of letters

Rediff.com12 Mar 2026

A public exchange of open letters between Congress leaders Mani Shankar Aiyar and Shashi Tharoor reveals a significant rift over foreign policy, particularly concerning Israel and the Sabarimala temple issue.

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.

Pak's finance minister resigns ahead of polls

Pak's finance minister resigns ahead of polls

Rediff.com20 Feb 2013

Abdul Hafeez Shaikh on Tuesday resigned as Pakistan's Finance Minister amid mounting speculation that he would play a key role in the caretaker administration that is expected to oversee the next general election scheduled for mid-May.

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Rediff.com28 Feb 2026

A Haryana government employee has been arrested in connection with the Rs 590 crore IDFC First Bank fraud case, which involved state government accounts and led to the recovery of nearly Rs 556 crore within 24 hours.

Tarique Rahman Sworn In As Bangladesh PM

Tarique Rahman Sworn In As Bangladesh PM

Rediff.com18 Feb 2026

Lok Sabha Speaker Om Birla and Foreign Secretary Vikram Misri attended the swearing-in ceremony.

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.

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.

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.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

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.

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.

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.

Post-Ukraine, Finance Minister Must Revisit Budget

Post-Ukraine, Finance Minister Must Revisit Budget

Rediff.com23 Mar 2022

Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.

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".

Integrated Customs platform on cards in digitisation push

Integrated Customs platform on cards in digitisation push

Rediff.com16 Dec 2025

To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.

Will Budget 2026 Break Sunday Rule?

Will Budget 2026 Break Sunday Rule?

Rediff.com20 Dec 2025

Officials said the government is keen to conform to the convention of the Union Budget for 2026-2027 being presented on February 1 despite it falling on a Sunday in 2026.

How has Arun Jaitley fared as Finance Minister?

How has Arun Jaitley fared as Finance Minister?

Rediff.com8 Feb 2016

'The Budget that Mr Jaitley will present on February 29 will be crucial.'

'Pakistan Treats Afghanistan As Its Province'

'Pakistan Treats Afghanistan As Its Province'

Rediff.com2 Mar 2026

'The unexpected turn of events and assertion of sovereignty by the Taliban has baffled the Pakistan security establishment.'

Has US Repeated Its Iraq Mistake?

Has US Repeated Its Iraq Mistake?

Rediff.com11 Mar 2026

Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.

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.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Rediff.com12 Feb 2026

Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.

Delhi pollution worsens: HC questions 18% GST on air purifiers

Delhi pollution worsens: HC questions 18% GST on air purifiers

Rediff.com26 Dec 2025

The Delhi High Court has asked the central government why it cannot reduce the GST on air purifiers, considering the poor air quality in Delhi. The court's concern is that the current 18% GST makes air purifiers unaffordable for the common man.

'Budget Likely To Be Non-Event For Markets'

'Budget Likely To Be Non-Event For Markets'

Rediff.com31 Jan 2026

'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'

'Could Ajit Pawar Have Known?'

'Could Ajit Pawar Have Known?'

Rediff.com7 Nov 2025

'Everyone involved in this transaction must be punished and penalised.'

Now, Karnataka Governor refuses to address legislature

Now, Karnataka Governor refuses to address legislature

Rediff.com21 Jan 2026

Karnataka Governor Thaawarchand Gehlot has refused to address the joint sitting of the state legislature, prompting government intervention. The reasons are unclear, but follow similar incidents in other states.

India flags 'huge mountain of debt' in developed nations as matter of concern

India flags 'huge mountain of debt' in developed nations as matter of concern

Rediff.com22 Jan 2026

The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.

Budget 2025: FM announces 1.5 lakh rural post offices

Budget 2025: FM announces 1.5 lakh rural post offices

Rediff.com1 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday announced the government's plan to transform India into a large logistics organisation with 1.5 lakh rural post offices.

'People Knew Manmohan Singh Had No Vested Interest'

'People Knew Manmohan Singh Had No Vested Interest'

Rediff.com29 Nov 2025

'Maybe he was wrong, but they believed he genuinely meant what he said.'

Australian PM ties knot at 62; Modi wishes newlyweds

Australian PM ties knot at 62; Modi wishes newlyweds

Rediff.com29 Nov 2025

Albanese, 62, who is divorced with an adult son, proposed to Haydon, 46, at The Lodge on Valentine's Day last year.

Postcard to the Finance Minister: Tell him your Budget wishlist!

Postcard to the Finance Minister: Tell him your Budget wishlist!

Rediff.com24 Feb 2016

As citizens, here's an opportunity for you to tell Finance Minister Arun Jaitley the reforms you would like to see in various sectors, what needs to be rectified, what needs to be strengthened, what needs to be dumped. So take some time off write a postcard to the finance minister.