News for 'Finance and Investment Committee'

New bank licences: Sebi scans listed applicants, group firms

New bank licences: Sebi scans listed applicants, group firms

Rediff.com10 Nov 2013

The scrutiny is expected to be over this month itself.

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

How Suresh Prabhu plans to transform the Indian Railways

How Suresh Prabhu plans to transform the Indian Railways

Rediff.com14 Dec 2015

'Making the railways better is a different type of a challenge.'

Govt goes all out to woo investors

Govt goes all out to woo investors

Rediff.com28 May 2014

On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.

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

Tata firms to collaborate for better performance

Tata firms to collaborate for better performance

Rediff.com18 Aug 2014

Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.

Sensex tumbles 261 points, Nifty near 4-month low

Sensex tumbles 261 points, Nifty near 4-month low

Rediff.com27 Apr 2015

The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

'Kerala may have suffered losses of around Rs 20,000 crore'

'Kerala may have suffered losses of around Rs 20,000 crore'

Rediff.com23 Aug 2018

Kerala has seen one of the worst floods in its history during this monsoon. From August 8 to 20, nearly 223 people have lost their lives, 33 are missing and around 1.2 million individuals from 3,02,441 families are in 3,941 relief camps. Initial losses are estimated to be around Rs 200 billion (Rs 20,000 crore). With the rescue measures in its last leg, the Kerala government is looking at raising funds to rebuild the state. In an interaction with Gireesh Babu and T E Narasimhan, Kerala Finance Minister T M Thomas Isaac says he has a three-pronged strategy to raise funds. Edited Excerpts.

Infosys gets a month to fix GSTN glitches

Infosys gets a month to fix GSTN glitches

Rediff.com19 Sep 2017

Group of ministers to review progress every fortnight.

EXCLUSIVE: What the 'Modi Sarkar' will do

EXCLUSIVE: What the 'Modi Sarkar' will do

Rediff.com30 Apr 2014

Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.

Budget: IT exemption limit may be raised to Rs 5 lakh

Budget: IT exemption limit may be raised to Rs 5 lakh

Rediff.com7 Jun 2019

'We have promised to ensure reduced tax rates.'

Why there is nothing surprising about the rupee slide

Why there is nothing surprising about the rupee slide

Rediff.com13 Jun 2013

The rupee is being driven into a vicious circle.

When it comes to Ponzi schemes, India's regulators have miles to go

When it comes to Ponzi schemes, India's regulators have miles to go

Rediff.com17 Nov 2015

NBFCs which have not met Sebi criteria will face tough action.

US passes bill to slash Pakistan's defence aid to $150 million

US passes bill to slash Pakistan's defence aid to $150 million

Rediff.com2 Aug 2018

The legislation, the National Defense Authorisation Act-2019, gets rid of the certification requirements for Pakistan's action against the Haqqani Network and it also gets rid of the authority to reimburse Pakistan for counter-terrorism.

Surat set to have a world-class diamond bourse

Surat set to have a world-class diamond bourse

Rediff.com3 Jun 2014

The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.

Behind the scenes: The making of India's largest private insurer

Behind the scenes: The making of India's largest private insurer

Rediff.com10 Aug 2016

Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal

'New bank licences has put RBI, system in credible light'

'New bank licences has put RBI, system in credible light'

Rediff.com9 Apr 2014

Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.

Trouble brewing for Xi?

Trouble brewing for Xi?

Rediff.com1 Sep 2018

The Chinese leader is today facing some open, or less subtle, criticism from within the party and from liberal intellectuals who are increasingly concerned by the concentration of power in his hands and the increasing authoritarianism of the regime, says Claude Smadja.

BJP's election loss could bring focus back to reforms

BJP's election loss could bring focus back to reforms

Rediff.com9 Nov 2015

The National Democratic Alliance won 64 seats.

A good Budget, Mr Jaitley!

A good Budget, Mr Jaitley!

Rediff.com10 Mar 2016

'On the tax front, most of the Budget proposals are sensible'.

Economic Affairs Secy: 'Rs should settle at 69-70'

Economic Affairs Secy: 'Rs should settle at 69-70'

Rediff.com1 Oct 2018

'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'

Be prepared to pay more for your insurance policy

Be prepared to pay more for your insurance policy

Rediff.com7 Sep 2016

The premium on insurance policies will get costlier by 3 per cent to 7 per cent, depending upon the rate fixed by the GST Council from April 1, 2017, says Harjot Singh Narula.

Sensex ends 205 points lower; Nifty holds 8,500

Sensex ends 205 points lower; Nifty holds 8,500

Rediff.com21 Jul 2016

Private lenders were among the top losers along with RIL.

How India lost Rs 50,000 crore in taxes

How India lost Rs 50,000 crore in taxes

Rediff.com16 Apr 2016

Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.

India recorded 8% annual average growth in 11th Plan

India recorded 8% annual average growth in 11th Plan

Rediff.com20 Feb 2014

As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.

How Nitin Gadkari plans to make Indian roads safe and pollution-free

How Nitin Gadkari plans to make Indian roads safe and pollution-free

Rediff.com25 Aug 2016

The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.

He helps Indian banks raise money in London

He helps Indian banks raise money in London

Rediff.com26 Aug 2016

In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story

Regulating unlisted firms: More teeth for Sebi, but...

Regulating unlisted firms: More teeth for Sebi, but...

Rediff.com27 Nov 2017

Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.

Is Modi sarkaar wary of being politically unpopular?

Is Modi sarkaar wary of being politically unpopular?

Rediff.com25 Aug 2015

The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.

'For better growth figures, we need healthier banks'

'For better growth figures, we need healthier banks'

Rediff.com16 May 2016

Arun Jaitley interview.

'The government would want to privatise the railways'

'The government would want to privatise the railways'

Rediff.com29 Sep 2016

'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'

No big-ticket announcements likely in Railway Budget

No big-ticket announcements likely in Railway Budget

Rediff.com3 Feb 2015

Budget is likely to focus on infrastructure creation in the N-E

Sebi begins nearly 200 attachment proceedings to recover money

Sebi begins nearly 200 attachment proceedings to recover money

Rediff.com6 Nov 2013

Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.

4 areas that Modi govt should focus on in its '1st real Budget'

4 areas that Modi govt should focus on in its '1st real Budget'

Rediff.com12 Feb 2015

FM should avoid proposals such as to tax financial transactions and fringe benefits

The unfinished business of Kargil

The unfinished business of Kargil

Rediff.com29 Jul 2013

The failure to restructure our armed forces in line with contemporary needs 14 years after the Kargil war will impose strategic costs beyond just delays and scandals, says Nitin Pai

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

'Google tax' looms large: Online products may cost more

'Google tax' looms large: Online products may cost more

Rediff.com23 Mar 2016

Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.

Payments bank dreams go awry before take-off

Payments bank dreams go awry before take-off

Rediff.com27 May 2016

Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.

Arvind Subramanian, RBI advisor make case for rate cut

Arvind Subramanian, RBI advisor make case for rate cut

Rediff.com18 Jun 2015

RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.