News for 'Finance and Investment Committee'

How Modi plans to speed up projects

How Modi plans to speed up projects

Rediff.com10 Jun 2014

With Prime Minister Narendra Modi emphasising the need to kick-start investment in the country, the project monitoring group (PMG) under the Cabinet Secretariat has asked various government departments to start monitoring projects for which clearances have been facilitated through this mechanism.

Earning Rs 10 cr? Get ready for 35% income tax

Earning Rs 10 cr? Get ready for 35% income tax

Rediff.com22 Aug 2013

Cabinet likely to pave way for the 'super-rich' tax today.

Jaitley pushes for hike in insurance FDI

Jaitley pushes for hike in insurance FDI

Rediff.com24 Jul 2014

While the Congress will firm up its strategy once the ruling alliance tables the Bill, initial comments by its leaders have been encouraging.

EXPLAINED: How chit fund scams work

EXPLAINED: How chit fund scams work

Rediff.com12 Feb 2019

'Around 15 crore poor people have lost their money.'

Move forward on infrastructure, not back

Move forward on infrastructure, not back

Rediff.com5 Mar 2015

Shifting to a PPP model could repeat the errors of the past

As FinMin stepped back, loans to Mallya surged ahead

As FinMin stepped back, loans to Mallya surged ahead

Rediff.com14 Mar 2016

In 2010, ministry told its officers nominated on PSB boards to stay away from big-loan panels; central bank followed suit.

How Priyanka Gandhi can help Congress

How Priyanka Gandhi can help Congress

Rediff.com12 Feb 2019

'Priyanka Gandhi play is not only about winning allies and lifting spirits; it's also about cash'

No bumpy ride for startups as govt okays Rs 10,000 cr corpus

No bumpy ride for startups as govt okays Rs 10,000 cr corpus

Rediff.com22 Jun 2016

The government on Wednesday approved Rs 10,000 crore (Rs 100 billion) 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.

Small savers need to get aggressive

Small savers need to get aggressive

Rediff.com22 Mar 2016

Getting locked into instruments before the new regime kicks in would be a good strategy.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

Bond yields rally in May on rate cut hopes

Bond yields rally in May on rate cut hopes

Rediff.com30 May 2019

The bond market expects at least 25 basis points cut in the June 6 policy.

Business friendly state: Gujarat, Maharashtra fight for No.1 position

Business friendly state: Gujarat, Maharashtra fight for No.1 position

Rediff.com17 Feb 2016

The Make in India Week has become a platform for two Bharatiya Janata Party (BJP)-ruled states to jostle for the number one destination in India for investor funds.

FM holds meeting with key officials on Re slide

FM holds meeting with key officials on Re slide

Rediff.com12 Jun 2013

The high-level meeting comes against the backdrop of the rupee touching a record low of 58.98 to a dollar on Tuesday.

PM sets up monitoring group to track big projects

PM sets up monitoring group to track big projects

Rediff.com13 Jun 2013

The Prime Minister directed that a special cell be created immediately in the Cabinet Secretariat.

Senators urge Kerry to press India on trade during visit

Senators urge Kerry to press India on trade during visit

Rediff.com15 Jun 2013

Kerry is scheduled to head to India later this month for the fourth annual US-India Strategic Dialogue.

India Inc hails Railway Budget as pro-growth

India Inc hails Railway Budget as pro-growth

Rediff.com8 Jul 2014

Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.

'Tax cuts prove government is capable of taking decisive action'

'Tax cuts prove government is capable of taking decisive action'

Rediff.com3 Oct 2019

In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.

Recommendations of the Direct Taxes Code panel

Recommendations of the Direct Taxes Code panel

Rediff.com28 Aug 2019

The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.

GST: E-tailers, taxi aggregators will have to register

GST: E-tailers, taxi aggregators will have to register

Rediff.com21 Sep 2016

The FAQ also clarified that companies, including Titan, which supplies watches and jewels through their own websites will not be considered as e-commerce operators

Modi govt's puzzling divestment strategy

Modi govt's puzzling divestment strategy

Rediff.com18 Apr 2016

Doubts over implementation of a Cabinet-approved strategic sale policy are puzzling.

Crypto currency investors hit hard by RBI diktat to banks

Crypto currency investors hit hard by RBI diktat to banks

Rediff.com7 Apr 2018

'As an investor, I either have to exit my investments in the next three months or use dark pools or cash to transact. For a normal investor, it will be almost impossible to transact in bitcoin and other digital currencies.'

Tax sops likely for food sector

Tax sops likely for food sector

Rediff.com28 Sep 2005

Online gold trading will soon be a reality

Online gold trading will soon be a reality

Rediff.com6 Feb 2018

BSE proposes two models for making gold trading and investment transparent

I think, de facto, RBI is independent: Raghuram Rajan

I think, de facto, RBI is independent: Raghuram Rajan

Rediff.com5 Aug 2015

'Government of India has the right to give directions to RBI'.

All fiscal deficits are not evil

All fiscal deficits are not evil

Rediff.com23 Jun 2016

There is a case for analysing the fiscal deficit, separately for expenditure and investment.

How would history judge your tenure, Jaitley asks PM

How would history judge your tenure, Jaitley asks PM

Rediff.com3 Jan 2014

On the eve of Prime Minister Manmohan Singh's press conference on Friday, the Bharatiya Janata Party on Thursday asked him some probing questions, including how he thinks history would judge his tenure, "failure" to assert himself against corruption and "subversion" of constitutional institutions.

Aircel-Maxis case: ED seeks custodial interrogation of Chidambaram

Aircel-Maxis case: ED seeks custodial interrogation of Chidambaram

Rediff.com31 Oct 2018

The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.

Revised bidding norms for Air India likely soon

Revised bidding norms for Air India likely soon

Rediff.com7 Jun 2018

According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment.

Has the economy dramatically changed recently?

Has the economy dramatically changed recently?

Rediff.com22 Jun 2017

A V Rajwade wonders if the Modi sarkar is pursuing price stability at the cost of potential social instability in both rural and urban India.

Kelkar proposes tougher reforms

Kelkar proposes tougher reforms

Rediff.com24 Aug 2004

Vijay Kelkar, who headed the committee on tax reforms, on Tuesday warned that higher economic growth and foreign direct investment flow could not be achieved without hard fiscal reforms.

Sebi to reopen UTI cases

Sebi to reopen UTI cases

Rediff.com27 Oct 2003

Chidambaram, Pranab put pressure over interest rates: Subbarao

Chidambaram, Pranab put pressure over interest rates: Subbarao

Rediff.com15 Jul 2016

In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.

RBI bites the bullet, hikes interest rate by 0.25%

RBI bites the bullet, hikes interest rate by 0.25%

Rediff.com1 Aug 2018

For July-September, it pegged CPI-based retail inflation at 4.2 per cent which it saw firming up to 4.8 per cent in the second half of the current fiscal.

2006 WC scam: Beckenbauer defends transfer of funds to FIFA

2006 WC scam: Beckenbauer defends transfer of funds to FIFA

Rediff.com27 Oct 2015

Franz Beckenbauer, who headed Germany's 2006 World Cup organising committee, said on Monday a transfer of 6.7 million euros to world football's governing body FIFA in 2005 was a mistake but rejected claims it was a return of a loan to buy votes in favour of the country's World Cup bid.

Budget to revamp tax structure: FM

Budget to revamp tax structure: FM

Rediff.com27 Dec 2004

Two months ahead of the Budget for 2005-06, Finance Minister P Chidambaram on Monday promised to make tax structure simpler for petroleum, telecom, sugar and textiles sectors.

Buying life insurance? Please read this

Buying life insurance? Please read this

Rediff.com7 Aug 2018

Agents often influence customers into buying new products every year instead of continuing with their existing policies

Economy on 'upward curve', monsoon, GST to push growth: Jaitley

Economy on 'upward curve', monsoon, GST to push growth: Jaitley

Rediff.com1 Jun 2016

Finance Minister Arun Jaitley on Wednesday said the country is on an "upward curve" and a good monsoon, GST passage and increased infra and rural spending will further accelerate the growth.

When a Nobel Laureate comes to town!

When a Nobel Laureate comes to town!

Rediff.com14 Jan 2020

What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?

Expert panel wants CAG to pre-audit defence deals

Expert panel wants CAG to pre-audit defence deals

Rediff.com24 Jul 2015

An expert committee has recommended to Defence Minister Manohar Parrikar that supply of equipment need not be blocked even if bribery charges emerge.