News for 'Finance and Parliamentary'

Not surprisingly, Boris Johnson has not returned my calls: Rishi Sunak

Not surprisingly, Boris Johnson has not returned my calls: Rishi Sunak

Rediff.com12 Aug 2022

Rishi Sunak has revealed that his former boss, Boris Johnson, has not returned any of his messages and calls since he resigned from his cabinet as chancellor, implying tension between the duo as the British Indian former minister battles it out in a tough race to be elected the next leader of the UK's governing Conservative Party.

Gadkari wants to use forex reserves to fund infra projects

Gadkari wants to use forex reserves to fund infra projects

Rediff.com11 Aug 2021

Union Road Transport and Highways Minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India's rising foreign exchange reserves for funding road projects, saying the country needs low cost finance for such infrastructure projects. Addressing a virtual event organised by industry body CII, Gadkari further said that the National Highways Authority of India (NHAI) should also have a financial arm like the power ministry's Power Finance Corporation (PFC). "We have a surplus of dollar reserves in the country. I have decided to talk with the RBI Governor, about how we can formulate a policy by which we can use this foreign exchange reserves for development of infrastructure in the country," he said.

Govt calls all-party meet on Sri Lanka as Tamil parties seek intervention

Govt calls all-party meet on Sri Lanka as Tamil parties seek intervention

Rediff.com17 Jul 2022

During a meeting of parties convened on Sunday ahead of the Monsoon Session of Parliament, Tamil Nadu-based Dravida Munnetra Kazhagam and All India Anna Dravida Munnetra Kazhagam demanded India intervene in the neighbouring country which is facing a debilitating economic crisis.

As Budget session convenes, Oppn seeks debate on Adani row, govt to go by rules

As Budget session convenes, Oppn seeks debate on Adani row, govt to go by rules

Rediff.com30 Jan 2023

The session will commence with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities.

Lanka's anti-govt stir ends, protestors swear by systemic change

Lanka's anti-govt stir ends, protestors swear by systemic change

Rediff.com10 Aug 2022

The protesters left the main anti-government protest camp at Galle Face promenade where they had been staging sit-ins since April 9, branding it as the 'Gota go home village' (Rajapaksa go home).

Pegasus spyware 'non-issue', says minister amid Parliament logjam

Pegasus spyware 'non-issue', says minister amid Parliament logjam

Rediff.com30 Jul 2021

As yet another day of Lok Sabha proceedings were adjourned due to vociferous protests, Joshi, the Union parliamentary affairs minister, urged the protesting members to allow the House to function while speaking during the Question Hour.

Cabinet okays inclusion of communities from 5 states in ST list

Cabinet okays inclusion of communities from 5 states in ST list

Rediff.com14 Sep 2022

The government on Wednesday approved the inclusion of certain communities in the lists of Scheduled Tribes in Chhattisgarh, Tamil Nadu, Karnataka, Himachal Pradesh and Uttar Pradesh, fulfilling long-pending demands from these states.

Speaker withdraws suspension of 4 Congress MPs

Speaker withdraws suspension of 4 Congress MPs

Rediff.com1 Aug 2022

A week after suspending them from the House for 'unruly' behaviour, Lok Sabha Speaker Om Birla on Monday revoked the suspension of four Congress members, after seeking assurance from the Opposition that they will not bring placards to the House.

Huge blow for UK PM as Rishi Sunak and Sajid Javid quit as ministers

Huge blow for UK PM as Rishi Sunak and Sajid Javid quit as ministers

Rediff.com6 Jul 2022

In a big blow to embattled British Prime Minister Johnson, two of his senior Cabinet colleagues, including Chancellor Rishi Sunak, resigned on Tuesday, as they expressed their loss of confidence in his leadership amidst a spate of scandals.

Covid cases with variants of concern rose from 10% in May to 51% till June 20

Covid cases with variants of concern rose from 10% in May to 51% till June 20

Rediff.com28 Jun 2021

The panel was informed that the economic impact of the second wave of viral infection was "asynchronous in its onset and wider in its spread particularly in rural hinterland", a source said.

India Wants World's Money, But Not World's Modernity

India Wants World's Money, But Not World's Modernity

Rediff.com14 Oct 2022

A bit of economic reforms stalled and decisions delayed -- what Narayana Murthy spoke of -- don't hurt if a country's compassionate and inclusive social fabric has survived intact; if the country is happy, observes Shyam G Menon.

Bharat Jodo Yatra at J-K's Samba under tight security after Jammu twin blasts

Bharat Jodo Yatra at J-K's Samba under tight security after Jammu twin blasts

Rediff.com22 Jan 2023

The Congress said the foot march, being led by party leader Rahul Gandhi, will proceed according to its schedule and reach Jammu on Monday afternoon.

Maha cabinet expansion before August 15; Fadnavis to get Home

Maha cabinet expansion before August 15; Fadnavis to get Home

Rediff.com7 Aug 2022

Top government sources also said the civic polls in the state, delayed due to the OBC reservation issue being heard by the Supreme Court, are likely to be held in October after getting a clarification from the apex court.

Rampur bypolls: BJP woos Pasmanda Muslims to capture Azam Khan's fortress

Rampur bypolls: BJP woos Pasmanda Muslims to capture Azam Khan's fortress

Rediff.com29 Nov 2022

According to poll observers, there are about 3.88 lakh voters in Rampur assembly constituency and of them, about 2.27 lakh, about 60 per cent, are Muslims.

FinMin officials to brief Parliamentary panel on note-ban 20/1

FinMin officials to brief Parliamentary panel on note-ban 20/1

Rediff.com14 Jan 2017

Parliament's PAC rejects BJP MP Kirit Somaiya's plea that the briefing be postponed.

Jagdeep Dhankar's Rajya Sabha Challenge

Jagdeep Dhankar's Rajya Sabha Challenge

Rediff.com11 Aug 2022

As vice president and ex-officio chairman of the Rajya Sabha, Jagdeep Dhankar is inheriting a troubled legacy. Although the government faces no real numerical challenges in the Upper House, political and legal challenges are there aplenty.

Govt rejigs Cabinet Committees; Smriti finds place in crucial panel on political affairs

Govt rejigs Cabinet Committees; Smriti finds place in crucial panel on political affairs

Rediff.com13 Jul 2021

Union ministers Virendra Kumar, Kiren Rijiju and Anurag Singh Thakur have been included in the rejigged Cabinet Committee on Parliamentary Affairs headed by Defence Minister Rajnath Singh, according to a notification issued by the Cabinet Secretariate last night.

Budget Session: Opposition to corner govt over China, Pegasus

Budget Session: Opposition to corner govt over China, Pegasus

Rediff.com30 Jan 2022

The session will begin with President Ram Nath Kovind's address to the Lok Sabha and Rajya Sabha assembled together in the Central Hall and chambers of both the Houses in view of the COVID-19 situation.

Census unlikely to take place before 2024 Lok Sabha elections

Census unlikely to take place before 2024 Lok Sabha elections

Rediff.com16 Dec 2022

Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.

LG-Kejriwal tussle refuses to die down despite one-hour meeting

LG-Kejriwal tussle refuses to die down despite one-hour meeting

Rediff.com14 Jan 2023

Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.

'Hum Adani ke hain kaun': Cong targets Modi govt over Hindenburg report

'Hum Adani ke hain kaun': Cong targets Modi govt over Hindenburg report

Rediff.com6 Feb 2023

Adani group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. The group has maintained it complies with all laws and disclosure requirements.

Senior Cong leader Indira Hridayesh passes away

Senior Cong leader Indira Hridayesh passes away

Rediff.com13 Jun 2021

Leader of Opposition in the Uttarakhand Assembly Indira Hridayesh passed away after suffering a cardiac arrest in New Delhi on Sunday.

Rajapaksa faces new crisis as dissidents plan to ditch govt

Rajapaksa faces new crisis as dissidents plan to ditch govt

Rediff.com5 Apr 2022

The dissidents, led by former president Sirisena's Sri Lanka Freedom Party, would leave the ruling Sri Lanka Podujana Peramuna coalition with its 14 Members of Parliament, party sources said after their meeting with the President on Monday.

Oppn protest over price rise, Sonia at ED disrupts Parl proceedings for 3rd day

Oppn protest over price rise, Sonia at ED disrupts Parl proceedings for 3rd day

Rediff.com21 Jul 2022

Lok Sabha proceedings were adjourned for the day on Thursday following a request from the government that the Indian Antarctic Bill, 2022 be taken up for consideration when Opposition members are also present in the House.

Nirmalaji and the Rising Onion

Nirmalaji and the Rising Onion

Rediff.com9 Dec 2019

Uttam Ghosh offers his take on Finance Minister Nirmala Sitharaman's remarks on the rising prices of onions in the Lok Sabha.

'Marathi manoos are not solidly with Shinde'

'Marathi manoos are not solidly with Shinde'

Rediff.com17 Nov 2022

The recent migration of marquee investments from Maharashtra to Gujarat seems to have rekindled the Marathi manoos sentiment.

Opposition appeals for revocation of suspension, govt seeks good behaviour

Opposition appeals for revocation of suspension, govt seeks good behaviour

Rediff.com27 Jul 2022

The demand was made by the Nationalist Congress Party, the Trinamool Congress and the Dravida Munnetra Kazhagam.

Budget Session of Parliament to begin today with President's address

Budget Session of Parliament to begin today with President's address

Rediff.com31 Jan 2022

The Budget Session of Parliament will commence on Monday and is scheduled to conclude on April 8 wherein the first part of the session will extend up to February 11, said the Lok Sabha Secretariat on Sunday.

'Do 81 crore Indians deserve highly subsidised food grains?'

'Do 81 crore Indians deserve highly subsidised food grains?'

Rediff.com6 Jan 2023

'The decision to supply free food grains is not an economically sound decision because the government will find it very difficult in future to charge anything for food grains.'

India emerged stronger despite pandemic: PM

India emerged stronger despite pandemic: PM

Rediff.com23 Mar 2021

Addressing the BJP parliamentary party meeting, Modi said he relished all these challenges during the pandemic and the country also overcame them.

Latest TV debate sees Rishi Sunak win over voters

Latest TV debate sees Rishi Sunak win over voters

Rediff.com5 Aug 2022

Former chancellor Rishi Sunak convincingly won over an audience of Conservative Party members in a head-to-head television debate with rival Foreign Secretary Liz Truss in the leadership contest to elect a new Tory party leader and British prime minister.

Budget 2022: Centre may not target sharp fiscal correction

Budget 2022: Centre may not target sharp fiscal correction

Rediff.com28 Dec 2021

While presenting her 2021-22 Union Budget, Finance Minister Nirmala Sitharaman had set a fiscal deficit target of 6.8 per cent of nominal gross domestic product (GDP) against the 2020-21 Revised Estimate of 9.5 per cent. The fiscal correction in the upcoming 2022-23 Union Budget is unlikely to be that steep. Even as discussions among top Budget-makers are ongoing, the fiscal deficit target for 2022-23 may likely be in the range of 6.5-6.8 per cent.

First part of budget session to end on February 13

First part of budget session to end on February 13

Rediff.com31 Jan 2021

Rajya Sabha Chairman M Venkaiah Naidu also made a fervent appeal to the leaders of various parties at an all-party meeting to ensure smooth and effective functioning of the House during the Budget Session.

'Government is selling people's trust in LIC'

'Government is selling people's trust in LIC'

Rediff.com17 Feb 2022

'The entire value of LIC is created by its shareholders because after the initial invest net of Rs 5 crores in 1956, the government has not given any additional capital to the LIC.' 'If the corporation has expanded and emerged as the biggest financial institution in the country, it is only because of the policyholders.'

Record 19 Oppn MPs suspended from RS for week after ruckus over price rise

Record 19 Oppn MPs suspended from RS for week after ruckus over price rise

Rediff.com26 Jul 2022

While seven of the suspended MPs belonged to the TMC, six were from the DMK, three from the Telangana Rashtra Samithi, two from the Communist Party of India-Marxist and one from the Communist Party of India.

BJP not to announce CM face in Assam before polls: State chief

BJP not to announce CM face in Assam before polls: State chief

Rediff.com8 Mar 2021

The BJP will not announce the chief ministerial candidate before the Assam polls and a decision in this regard will be taken by its Parliamentary Board at the time of forming the next government, the saffron party state unit president Ranjeet Kumar Dass said on Monday.

Panel bats for abolishing LTCG on start-up investments

Panel bats for abolishing LTCG on start-up investments

Rediff.com16 Sep 2020

A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.

The Election Festival Is Here!

The Election Festival Is Here!

Rediff.com18 Oct 2022

After the Gujarat and Himachal elections and the municipal polls in Mumbai and Delhi, Karnataka, Rajasthan, MP and Chhattisgarh will elect new assemblies next year leading up to the Lok Sabha election in April-May 2024, points out Virendra Kapoor.

'I am not going to ask for Tamil Nadu FM's job'

'I am not going to ask for Tamil Nadu FM's job'

Rediff.com7 Apr 2021

'The financial situation of Tamil Nadu is much worse than it was in 2016.' 'The finance minister's is a horrendous job.' 'I am certainly not going to ask for it.'

Was This The Right Time For Agnipath?

Was This The Right Time For Agnipath?

Rediff.com7 Jul 2022

'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'