News for 'Finance and Parliamentary'

'Modi, Modi' countered with 'Adani, Adani' during Budget speech

'Modi, Modi' countered with 'Adani, Adani' during Budget speech

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman's Budget speech on Wednesday was marked by the usual thumping of benches by the ruling alliance members, but the loudest cheer was reserved for her announcement of income tax relief, which was welcomed by 'Modi, Modi' chants in Lok Sabha that also witnessed a few instances of protest by the Opposition.

Logjam persists in Parliament amid ruckus over Manipur

Logjam persists in Parliament amid ruckus over Manipur

Rediff.com31 Jul 2023

Parliament proceedings were adjourned for the day on Monday following protests by the opposition which has been demanding a statement from Prime Minister Narendra Modi in the House on the Manipur issue. In the Rajya Sabha, the opposition kept insisting on a discussion under Rule 267 of the House.

'My father was disappointed by Rahul Gandhi'

'My father was disappointed by Rahul Gandhi'

Rediff.com15 Dec 2023

'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'

Special Session: Even Cabinet Is In The Dark

Special Session: Even Cabinet Is In The Dark

Rediff.com14 Sep 2023

This form of government, where secrets and major decisions are kept from the Cabinet itself, appears to be continuing, which is why the speculation around this special session, asserts Aakar Patel.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Can't discuss some matters in Parliament: Govt on China

Can't discuss some matters in Parliament: Govt on China

Rediff.com30 Jan 2023

The government on Monday said that matters regarding Chinese intrusion can't be discussed in Parliament as it concerns the security of the country.

Lessons for the Finance Minister on corporate tax

Lessons for the Finance Minister on corporate tax

Rediff.com12 Oct 2015

The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.

At all-party meet, Oppn seeks discussion on Adani group in Parliament

At all-party meet, Oppn seeks discussion on Adani group in Parliament

Rediff.com30 Jan 2023

The government on Monday said it was willing to discuss every issue under rules during the Budget session of Parliament and sought the support of the Opposition in running the proceedings smoothly.

PIX: Parliament moves into its new home

PIX: Parliament moves into its new home

Rediff.com19 Sep 2023

In a historic transition, the Parliament moved into a swanky new complex on Tuesday, with Prime Minister Narendra Modi urging MPs to forget all past bitterness and start a new chapter and the introduction of the women's reservation bill taking centre stage.

Opposition vs govt duel in Parliament on Day 1 of no-trust motion

Opposition vs govt duel in Parliament on Day 1 of no-trust motion

Rediff.com8 Aug 2023

Sparks flew on the first day of the debate on the no-trust motion moved by the Congress with the Opposition on Tuesday asserting that it was forced to do so to break Prime Minister Narendra Modi's 'maun vrat' (vow of silence) on Manipur and the treasury benches hitting back saying it was a no-trust vote against a 'poor person's son' who has worked for the welfare of the people.

Unwell Nitish skips Chennai but Friday's Opposition conclave is very much on

Unwell Nitish skips Chennai but Friday's Opposition conclave is very much on

Rediff.com20 Jun 2023

Ill-health forced Bihar Chief Minister Nitish Kumar to cancel his scheduled visit to Chennai on Tuesday, where he was invited by his Tamil Nadu counterpart MK Stalin, a key aide of the Janata Dal-United leader said.

Is Nirmalaji Praying For The Economy In Tirupati?

Is Nirmalaji Praying For The Economy In Tirupati?

Rediff.com20 Oct 2022

What some of our leaders were up to on Wednesday, October 19.

'Kerala faces a very serious Constitutional crisis'

'Kerala faces a very serious Constitutional crisis'

Rediff.com8 Nov 2022

'The administration will come to a standstill because the governor will not cooperate with the finance minister.'

Prez candidate row: Jolt to Prachanda as ex-PM Oli's party withdraws support

Prez candidate row: Jolt to Prachanda as ex-PM Oli's party withdraws support

Rediff.com27 Feb 2023

The exit of CPN-UML may not immediately affect the Prachanda-led government, which is supported by the Nepali Congress which has 89 lawmakers in the House.

Parliamentary panel to quiz Urjit Patel on note ban on Wed

Parliamentary panel to quiz Urjit Patel on note ban on Wed

Rediff.com17 Jan 2017

Standing committee on finance to also focus on RBI autonomy and citizen's rights.

Why Chidambaram is a disaster as finance minister

Why Chidambaram is a disaster as finance minister

Rediff.com5 Feb 2014

'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.

Naidu expunges Sitharaman's reference to Sonia Gandhi in RS

Naidu expunges Sitharaman's reference to Sonia Gandhi in RS

Rediff.com1 Aug 2022

Rajya Sabha Chairman M Venkaiah Naidu on Monday expunged the references made by Finance Minister Nirmala Sitharaman to Sonia Gandhi in the House on July 28.

After 2 weeks of uproar, Lok Sabha to debate price rise on Monday

After 2 weeks of uproar, Lok Sabha to debate price rise on Monday

Rediff.com29 Jul 2022

Both the government and the Opposition have accused each other of "running away" from a debate on the issue.

House proceedings washed out for 7th day, Finance Bill not taken up

House proceedings washed out for 7th day, Finance Bill not taken up

Rediff.com13 Mar 2018

The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.

Digital Competition Law Worries Big Tech

Digital Competition Law Worries Big Tech

Rediff.com18 Jan 2023

'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'

Are These Parliament's Formidable MPs?

Are These Parliament's Formidable MPs?

Rediff.com2 Aug 2023

What would Parliament be without these nine ladies?

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

Rediff.com8 Feb 2023

Moitra brought two birthday caps in the House to press her argument that the businessman being most talked about had "topi-pehnau-ed" the government.

BJP rolls out big guns to take on Congress over Parliament washout

BJP rolls out big guns to take on Congress over Parliament washout

Rediff.com20 Jul 2022

The government is ready for a debate in Parliament on price rise once Finance Minister Nirmala Sitharaman recovers from Covid-19, the Bharatiya Janata Party asserted on Wednesday and targeted Rahul Gandhi, saying he may be "unproductive politically" but should not hurt the legislature's productivity.

Boris Johnson quits as UK lawmaker after...

Boris Johnson quits as UK lawmaker after...

Rediff.com10 Jun 2023

Johnson, 58, had been under investigation by a parliamentary inquiry looking into whether he misled the House of Commons about lockdown-breaking parties in Downing Street during the COVID-19 pandemic.

Here's what Sonia said about Adhir's remark on President Murmu

Here's what Sonia said about Adhir's remark on President Murmu

Rediff.com28 Jul 2022

"He has already apologised," Sonia Gandhi responded to the media on party's Adhir Chowdhury's 'rashtrapatni' remark.

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

LS worked for 45 hours, RS for 31 in Budget Session, says think tank

LS worked for 45 hours, RS for 31 in Budget Session, says think tank

Rediff.com6 Apr 2023

Lok Sabha could function for only 45 hours this Budget Session against its scheduled 133.6 hours because of daily disruptions and frequent adjournments, a think tank data has shown.

Sonia tears into Modi govt, says PM's actions speak far louder...

Sonia tears into Modi govt, says PM's actions speak far louder...

Rediff.com11 Apr 2023

"Religious festivals seem to have become occasions to intimidate and bully others -- a far cry from when they were occasions for joy and celebration. Instead, there is intimidation and discrimination only on account of their religion, food, caste, gender or language," Gandhi said.

Fiscal Responsibility Bill gets parliamentary nod

Fiscal Responsibility Bill gets parliamentary nod

Rediff.com29 Jul 2003

Parliament on Tuesday approved the long-awaited fiscal responsibility legislation after Finance Minister Jaswant Singh promised there would be no lowering of developmental expenditure.

Nitish keeps home, Tejashwi gets health; JD-U ministers get depts back

Nitish keeps home, Tejashwi gets health; JD-U ministers get depts back

Rediff.com17 Aug 2022

Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.

As Sidda-DKS take guard, Lingayats, Dalits jostle for key posts

As Sidda-DKS take guard, Lingayats, Dalits jostle for key posts

Rediff.com18 May 2023

Multiple challenges, particularly with regard to cabinet formation, stare at Siddaramaiah as he takes over as the new chief minister of Karnataka, nudging out party colleague and state Congress president D K Shivakumar -- who will now be his deputy.

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rediff.com20 Apr 2022

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department may have an adverse impact on the implementation of infrastructure (infra) projects in 2022-23 (FY23). While the Department for Promotion of Industry and Internal Trade (DPIIT) had sought Rs 10,267 crore from the finance ministry for FY23, it received Rs 8,348-crore allocation. For the National Industrial Corridor Development & Implementation Trust (NICDIT), the finance ministry has allocated Rs 1,500 crore instead of Rs 2,400 crore demanded for the project.

Rating agencies, partner ease Adani's pain

Rating agencies, partner ease Adani's pain

Rediff.com3 Feb 2023

After a tumultuous past few days that almost halved value of the Adani group, embattled tycoon Gautam Adani-led conglomerate had some pressure eased on Friday as two global rating firms stuck with their calls on its credit profile and its French partner backed its investments in the group firms. Also for the first time since January 24, shares of the group's flagship firm Adani Enterprises ended in positive territory after erasing an intraday loss of 35 per cent. Adani Ports and SEZ also ended 8 per cent higher. This is after a over $100-billion rout in value of group stock since the US short seller Hindenburg Research accused Adani group of stock manipulation and accounting fraud.

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rediff.com21 Oct 2022

The 42-year-old is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback. Third placed in what is emerging as a three-way contest is Leader of the Commons Penny Mordaunt, who had polled third in the first round of parliamentary votes to shortlist candidates for the last leadership race.

India will become world's third largest economy by 2027-28: Panagariya

India will become world's third largest economy by 2027-28: Panagariya

Rediff.com2 Feb 2023

Eminent economist Arvind Panagariya has said India is on the cusp of returning to a high growth trajectory and voiced confidence that the country will become the world's third-largest economy by 2027-28. Currently, India is the fifth largest economy "so it's another five years.We are already in (the year) 2023. "So 2027-28, India should be the third-largest economy," Panagariya, Columbia University Professor and former Vice Chairman of NITI Aayog, told PTI in an interview in New York.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

When Narasimha Rao Agreed To A JPC

When Narasimha Rao Agreed To A JPC

Rediff.com14 Apr 2023

There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.

Why Is Priyanka Running So Fast?

Why Is Priyanka Running So Fast?

Rediff.com13 Dec 2022

What some of our leaders were up to on Monday, December 12.

U'khand CM Dhami allots portfolios, keeps over 2 dozen depts for himself

U'khand CM Dhami allots portfolios, keeps over 2 dozen depts for himself

Rediff.com30 Mar 2022

These include home, industrial development (mining), justice, labour, excise, environment conservation and climate change, disaster management and rehabilitation and civil aviation.

Over Rs 911 crore allocated for CBI in Budget

Over Rs 911 crore allocated for CBI in Budget

Rediff.com1 Feb 2022

The agency was allocated Rs 835.39 crore to manage its affairs in 2021-22 which was later increased to Rs 870.50 crore in the Revised Estimates given in the Budget document released Tuesday by Finance Minister Nirmala Sitharaman.