News for 'Finance and Commerce Ministers'

PMO steps in to speed up GST refunds for exporters

PMO steps in to speed up GST refunds for exporters

Rediff.com9 Mar 2018

The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports

Pranab cremated with full state honours in shadow of pandemic

Pranab cremated with full state honours in shadow of pandemic

Rediff.com1 Sep 2020

Mukherjee's family and relatives paid their last respects clad in PPE kits while conforming to COVID-19 safeguards.

Budget may open window for big-ticket foreign investments

Budget may open window for big-ticket foreign investments

Rediff.com26 Jan 2021

The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

In his inimitable style, Rahul Bajaj ruffles FM's feathers

In his inimitable style, Rahul Bajaj ruffles FM's feathers

Rediff.com2 Dec 2019

In a recent awards event, industrialist Rahul Bajaj said that India Inc was afraid of criticising the Narendra Modi government, The comment drew flak from Finance Minister Nirmala Sitharam who said spreading one's own impression "can hurt national interest".

Mr Modi needs to do more than a prime minister does

Mr Modi needs to do more than a prime minister does

Rediff.com13 Apr 2015

Mr Modi must stop talking, and start writing

Andhra tops 'ease of doing business' ranking of states

Andhra tops 'ease of doing business' ranking of states

Rediff.com5 Sep 2020

Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.

Highlights of Union Budget 2020-21

Highlights of Union Budget 2020-21

Rediff.com1 Feb 2020

The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.

With an eye on job creation, MSMEs set to get a boost in Budget

With an eye on job creation, MSMEs set to get a boost in Budget

Rediff.com20 Jan 2016

Monetary incentives under Skill India to small entrepreneurs, capital infusion into technology fund to help businesses expand operations

'Nokia's Chennai arm to have no work if tax issue unresolved'

'Nokia's Chennai arm to have no work if tax issue unresolved'

Rediff.com12 Feb 2014

The warning came after Nokia Chairman and interim chief executive officer Risto Siilasmaa met Commerce Minister Anand Sharma and tax authorities in a bid to resolve the Rs 21,153-crore (Rs 211.53 billion) liability it faces.

Row over tax laws for SEZs

Row over tax laws for SEZs

Rediff.com15 Sep 2003

Pranab to talk to PM on SEZ tax tangle

Pranab to talk to PM on SEZ tax tangle

Rediff.com7 Nov 2008

External Affairs Minister Pranab Mukherjee, who heads an Empowered Group of Ministers on Special Economic Zones, is likely to consult Prime Minister Manmohan Singh to resolve the dispute between finance and commerce ministries over tax exemption for export profits from the zones.

How have Modi and his mantris fared?

How have Modi and his mantris fared?

Rediff.com27 May 2016

We ask you to rate the pradhan sevak and his ministers on four criteria: Vision. Execution. Efficiency. And their response to the public.

Here's what US has to tell India on smart cities

Here's what US has to tell India on smart cities

Rediff.com28 Apr 2015

US Ambassador Richard Verma's tips to the Indian states.

Sagarmala project: Poor planning on container traffic haunting shippers

Sagarmala project: Poor planning on container traffic haunting shippers

Rediff.com31 Mar 2022

Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.

Govt to unveil sops for exporters

Govt to unveil sops for exporters

Rediff.com29 May 2009

The government will unveil measures in the Budget for helping exporters who are hit hard by recession in the developed economies, new Commerce and Industry Minister Anand Sharma said on Friday.

Devas shareholders to continue seizing Indian assets abroad

Devas shareholders to continue seizing Indian assets abroad

Rediff.com23 Jan 2022

Unfazed by the Supreme Court upholding winding up of the company, shareholders of Devas Multimedia will continue to seek seizure of Indian government assets abroad to collect $1.2 billion the firm has been awarded by arbitration tribunals for cancellation of a satellite deal but are open for talks to settle the issue, their counsel said. "The decision by the Supreme Court does not change anything. The Modi government and the Indian courts cannot rewrite the facts. "Their flimsy allegations of fraud will never stand up in courts outside of India," said Matthew D McGill, partner at Gibson, Dunn & Crutcher, and lead counsel for several Devas' shareholders.

Govt must decide on DEPB's future

Govt must decide on DEPB's future

Rediff.com21 Feb 2011

Government should make it clear as to whether the Duty Entitlement Passbook scheme will continue beyond June.

Further rate hike by RBI to impact growth

Further rate hike by RBI to impact growth

Rediff.com18 Jan 2011

A week ahead of the RBI reviewing the monetary policy with expectations of a policy rate hike, Commerce and Industry Minister Anand Sharma has cautioned that raising cost of borrowing "may not be suitable" tool to rein in inflation.

FM urged to remove angel tax

FM urged to remove angel tax

Rediff.com18 Feb 2016

The e-commerce sector is also fraught with redundant taxation laws that need immediate overhaul

'Doubtful if key bills can be passed in this Parliament session'

'Doubtful if key bills can be passed in this Parliament session'

Rediff.com5 Feb 2014

Finance Minister P Chidambaram on Wednesday said it was doubtful whether any key legislation, except for the vote-on-account, would be passed in the current session of Parliament.

'India's IT system is safe and secure'

'India's IT system is safe and secure'

Rediff.com23 Mar 2018

'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'

Soon, India will unveil the much-delayed foreign trade policy

Soon, India will unveil the much-delayed foreign trade policy

Rediff.com28 Jan 2015

The much-delayed Foreign Trade Policy (FTP), which will roll out steps to boost exports, is expected to be unveiled soon.

EPS to back BJP's presidential candidate, but that's not all

EPS to back BJP's presidential candidate, but that's not all

Rediff.com24 May 2017

With both the factions pledging their support, the BJP believes that the natural corollary is for them to now merge and retain the two-leaves election symbol, a view shared by the prime minister as well.

Modi to give Xi the personal touch in Ahmedabad

Modi to give Xi the personal touch in Ahmedabad

Rediff.com17 Sep 2014

Narendra Modi will turn 64, playing host to the visiting Chinese leader in Ahmedabad on Wednesday

India Inc wants FM to continue stimulus

India Inc wants FM to continue stimulus

Rediff.com5 Jan 2010

The 2009 Budget had raised the rate of MAT to 15 per cent. The industry wants it to be lowered to at least 10 per cent in the forthcoming Budget.

The men behind Sitharaman's 2nd Budget

The men behind Sitharaman's 2nd Budget

Rediff.com30 Dec 2019

Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.

2021 is the new 1991, believes Kumar Birla, predicts Capex Mahotsav

2021 is the new 1991, believes Kumar Birla, predicts Capex Mahotsav

Rediff.com27 Nov 2021

'The force of reforms. The force of investment. The force of formalisation. The force of digital and green technology. And the force of youth and entrepreneurship. I am convinced that these 5 forces will propel India's rise over the next several decades,' predicts Kumar Mangalam Birla, chairman, Aditya Birla group.

Amit Mitra named chairman of GST panel

Amit Mitra named chairman of GST panel

Rediff.com19 Feb 2016

He will succeed Kerala Finance Minister K M Mani.

Why BJP should be grateful to Rahul Bajaj

Why BJP should be grateful to Rahul Bajaj

Rediff.com20 Dec 2019

'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.

General Budget or Interim Budget?

General Budget or Interim Budget?

Rediff.com31 Jan 2019

General Budget is a terminology earlier used to differentiate between the Union Budget with the Railway Budget. Full-fledged budgets are titled "Union Budget", while interim Budgets are titled just that.

Mufti announces portfolios, holds on to key ministries

Mufti announces portfolios, holds on to key ministries

Rediff.com4 Mar 2015

Major portfolios like home, finance and education were on Tuesday allocated to People's Democratic Party ministers by Jammu and Kashmir Chief Minister Mufti Mohammed Sayeed who will himself hold the charge of home ministry.

Round 3: How Sitharaman plans to revive economy

Round 3: How Sitharaman plans to revive economy

Rediff.com14 Sep 2019

In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.

Some truths investors won't tell FM on his Singapore trip

Some truths investors won't tell FM on his Singapore trip

Rediff.com21 Jan 2013

India needs administrative reforms that make it easy for investors to do business in the country. Currently, it is more difficult to do business in India than in Rwanda, Pakistan, Nepal, Kenya, Nigeria and Bangladesh.

Sonia asks Congress-ruled states to override farm laws

Sonia asks Congress-ruled states to override farm laws

Rediff.com28 Sep 2020

The Congress is strongly opposed to the three Central legislations which were signed into laws by President Ram Nath Kovind on Sunday.

Goyal focuses on exports, industry growth

Goyal focuses on exports, industry growth

Rediff.com8 Jun 2019

Work on a dozen decisions to start by next week.

India to fully fund current account deficit in FY14: Chidambaram

India to fully fund current account deficit in FY14: Chidambaram

Rediff.com12 Aug 2013

Chidambaram also said the government will take steps to curb imports of gold, silver, oil and luxury goods.

Online shopping, cab services to turn costlier

Online shopping, cab services to turn costlier

Rediff.com2 Mar 2015

Many online retail websites follow 'aggregator' model.

Thoughts for the Budget Day

Thoughts for the Budget Day

Rediff.com23 Feb 2015

For growth in export, continuous gain in productivity is essential.

The Congress house is on fire... and it's spreading

The Congress house is on fire... and it's spreading

Rediff.com3 Feb 2015

The number of disgruntled leaders in the party is swelling.