News for 'Finance and Investment Committee'

No big bang reforms, Govt's move to transform banks is confusing

No big bang reforms, Govt's move to transform banks is confusing

Rediff.com19 Aug 2015

The government package for public sector banks, announced last Friday, has been welcomed by the stock market with the PSU banking index booking smart gains.

CBI set to probe NSEL crisis

CBI set to probe NSEL crisis

Rediff.com27 Sep 2013

I-T dept investigating black money angle; FM hints against bailout for bourse's investors.

Mistry's ouster: How the tables turned at Bombay House

Mistry's ouster: How the tables turned at Bombay House

Rediff.com25 Oct 2016

What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets

Why Oil Min wants RIL to retain KG-D6 discoveries

Why Oil Min wants RIL to retain KG-D6 discoveries

Rediff.com16 Apr 2014

RIL may go to arbitration which may lead to further delay in production and extra cost associated with the arbitration.

How to abolish extreme poverty: A few important tips

How to abolish extreme poverty: A few important tips

Rediff.com5 Jul 2016

India could gain four times over by winding up dysfunctional subsidies.

Why derivatives are a Pyrrhic triumph for our equity markets

Why derivatives are a Pyrrhic triumph for our equity markets

Rediff.com22 Jul 2014

The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.

I'm all ears for suggestions that would benefit gaon, garib, kisan: Modi

I'm all ears for suggestions that would benefit gaon, garib, kisan: Modi

Rediff.com27 May 2015

Modi is optimistic that the reforms will be passed soon.

Mega projects continue to face delays: Ministry

Mega projects continue to face delays: Ministry

Rediff.com22 Aug 2013

According to the latest data, until May, 48.3 per cent of the total 207 projects worth Rs 1,000 crore (Rs 10 billion) or above, also termed as mega projects, faced delays and witnessed a cost overrun of 19.2 per cent from the originally-sanctioned Rs 656,000 to Rs 781,000.

Vodafone's ownership in Indian arm may be probed

Vodafone's ownership in Indian arm may be probed

Rediff.com10 Mar 2014

The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).

Can't leave too many people out of tax net: Parthasarathi Shome

Can't leave too many people out of tax net: Parthasarathi Shome

Rediff.com31 Jul 2013

Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.

FM for more reforms, wants end to impasse on coal, iron ore

FM for more reforms, wants end to impasse on coal, iron ore

Rediff.com27 Aug 2013

P Chidambaram says all options are on the table.

Will move Cabinet for further FDI liberalisation: Minister

Will move Cabinet for further FDI liberalisation: Minister

Rediff.com17 Jun 2013

Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.

Indian Muslims stay away from ISIS: US

Indian Muslims stay away from ISIS: US

Rediff.com27 May 2016

'We have seen in India that radical ideology has by and large not been successful in taking root.'

With new FDI rules, relief in sight for realtors

With new FDI rules, relief in sight for realtors

Rediff.com12 Nov 2014

Some developers point out that what comes in the way of low-cost housing is the sky-high price of land

'We negotiated a better deal': Here's what Centre told SC on Rafale

'We negotiated a better deal': Here's what Centre told SC on Rafale

Rediff.com12 Nov 2018

The document titled 'Details of the steps in the decision making process leading to the award of 36 Rafale fighter aircraft order' stated that the process as laid down in the Defence Procurement Procedure-2013 has been followed in procurement of the Rafale aircraft.

DIPP likely to expand definition of 'control'

DIPP likely to expand definition of 'control'

Rediff.com19 Jun 2013

May include 'influencing a company's major policy decisions' in the current meaning.

Surat set to get global diamond exchange in 3 years

Surat set to get global diamond exchange in 3 years

Rediff.com23 Oct 2017

Contract finally given for Rs 2,400-cr project, with GIFT City-like features

'Gadkari, Fadnavis promised me a Vidarbha state'

'Gadkari, Fadnavis promised me a Vidarbha state'

Rediff.com12 Jan 2018

'Four years ago, when Gadkari was BJP president, Fadnavis was president of the state BJP, I had gone on a fast unto death demanding separate statehood for Vidarbha.' 'They had come to meet me and promised that once the party comes to power at the Centre and in the state, we will get separate statehood.' 'Four years have passed, but no change is seen on the ground.'

Not just Mallya, government agency too a wilful defaulter

Not just Mallya, government agency too a wilful defaulter

Rediff.com10 Mar 2016

The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.

Bank NPAs are just the tip of the iceberg

Bank NPAs are just the tip of the iceberg

Rediff.com16 Feb 2016

Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.

'There will be social unrest in India'

'There will be social unrest in India'

Rediff.com6 Feb 2015

'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'

Big challenges before Urjit Patel

Big challenges before Urjit Patel

Rediff.com2 Sep 2016

Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.

From BJP's 3-0 loss to oil at $86.29, 12 numbers that defined 2018

From BJP's 3-0 loss to oil at $86.29, 12 numbers that defined 2018

Rediff.com28 Dec 2018

If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.

Why India Inc still fears MNCs

Why India Inc still fears MNCs

Rediff.com13 May 2016

Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.

5 ideas the Raksha Mantri must urgently act on

5 ideas the Raksha Mantri must urgently act on

Rediff.com10 Nov 2015

Amongst those who heard the message of the Bihar results would be Defence Minister Manohar Parrikar, whose realm is simultaneously the country's most complex and -- when something goes wrong -- the most emotive, says Ajai Shukla.

Budget should not only repair, but reboot economy

Budget should not only repair, but reboot economy

Rediff.com22 Dec 2017

A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.

After President's objection govt discusses ordinance issue

After President's objection govt discusses ordinance issue

Rediff.com20 Jan 2015

With President Pranab Mukherjee voicing his objection to the 'ordinance route', senior ministers met here on Tuesday to discuss how to ensure that the ordinances issued recently are followed up with legislative action in the upcoming budget session in February.

Rail PPP projects move at a snail's pace

Rail PPP projects move at a snail's pace

Rediff.com19 Jul 2013

Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.

Rajan leaves rates unchanged; warns of inflation risks

Rajan leaves rates unchanged; warns of inflation risks

Rediff.com9 Aug 2016

RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.

Govt strategy to unearth black money is a joke: Mohandas Pai

Govt strategy to unearth black money is a joke: Mohandas Pai

Rediff.com9 Dec 2015

'Reservation for the private sector is a bad idea.'

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

RIL lashes out at lack of stability in govt policy

RIL lashes out at lack of stability in govt policy

Rediff.com3 Sep 2013

RIL, which has faced numerous delays in getting approvals and shifting goal-posts, said the country did not have a stable policy regime and this was responsible for exit of global energy giants like Royal Dutch Shell, BHP Biliton of Australia, Statoil of Norway and Brazil's Petrobras.

'We have great expectations from this Budget'

'We have great expectations from this Budget'

Rediff.com24 Feb 2015

Single window clearances for realty must.

Budget 2018: What young India needs from Modi Sarkar

Budget 2018: What young India needs from Modi Sarkar

Rediff.com31 Jan 2018

Education, jobs, health and more: Experts share their wishlist.

Budget: Time to improve on the good work done

Budget: Time to improve on the good work done

Rediff.com2 Mar 2016

The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.

Why RBI needs to relook at the basic business of banking

Why RBI needs to relook at the basic business of banking

Rediff.com29 Oct 2015

PS banks need to pull up their socks to improve cash flows.

Govt to push insurance sector reforms despite opposition

Govt to push insurance sector reforms despite opposition

Rediff.com21 Dec 2014

Govt is keen to push reforms in the insurance sector.

GST should be a good and simple tax

GST should be a good and simple tax

Rediff.com19 May 2015

The GST will alter the very face of fiscal federalism in India.

Sensex, Nifty end at fresh highs for 2nd straight session

Sensex, Nifty end at fresh highs for 2nd straight session

Rediff.com5 Jun 2017

TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.

'Minimum government, maximum governance' in public sector banks

'Minimum government, maximum governance' in public sector banks

Rediff.com27 Aug 2014

The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.