News for 'Finance and Parliamentary'

Gujarat, Himachal: BJP Faces AAP Challenge

Gujarat, Himachal: BJP Faces AAP Challenge

Rediff.com22 Mar 2022

AAP's presence in both states has complicated the contests for the BJP and its Congress rival.

31 ministers join Nitish govt, RJD gets lion's share

31 ministers join Nitish govt, RJD gets lion's share

Rediff.com17 Aug 2022

The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.

Modi Ignores Vajpayee's Mahaul Mantra

Modi Ignores Vajpayee's Mahaul Mantra

Rediff.com12 Sep 2022

Never before has the need for creating an ambience for economic policy reforms been as critical as it is now, points out A K Bhattacharya.

Pinarayi cabinet: K K Shailaja out, son-in-law in

Pinarayi cabinet: K K Shailaja out, son-in-law in

Rediff.com18 May 2021

CPI-M veteran Pinarayi Vijayan was elected its Parliamentary party leader, paving the way for his successive stint as chief minister of Kerala.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

With 4 new ministers, Karnataka now has 6 in Union council

With 4 new ministers, Karnataka now has 6 in Union council

Rediff.com7 Jul 2021

With Prime Minister Narendra Modi on Wednesday inducting four new faces from Karnataka into his ministry, and chemicals and fertilisers minister D V Sadanda Gowda resigning ahead of the reshuffle, the state's representation in the Union council of ministers now stands at six.

Rajya Sabha clocks 99.80% productivity in Budget Session

Rajya Sabha clocks 99.80% productivity in Budget Session

Rediff.com7 Apr 2022

This is the Upper House's third best productive session in the last 14 sessions since the Monsoon Session (243rd Session) of 2017, the Rajya Sabha officials said.

Nitish Kumar, The King Of Somersaults

Nitish Kumar, The King Of Somersaults

Rediff.com16 Aug 2022

Wait for a while before he does another somersault... But one thing is reasonably certain -- the twice betrayed BJP may not embrace him again, predicts Virendra Kapoor.

Urjit Patel to submit written answers to questions raised by MPs

Urjit Patel to submit written answers to questions raised by MPs

Rediff.com27 Nov 2018

The RBI governor, who made a presentation about the state of the economy as well about the world economy to the 31-member Parliamentary Standing Committee on Finance, stayed clear of controversial questions like government invoking special powers.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

'Most countries won't forgive deaths of children'

'Most countries won't forgive deaths of children'

Rediff.com22 Nov 2022

'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'

Party colleagues rally behind Imran as Pak set to elect new PM

Party colleagues rally behind Imran as Pak set to elect new PM

Rediff.com10 Apr 2022

Despite the government's hectic efforts to avoid voting on the no-confidence motion against Khan, the joint Opposition succeeded in its month-long efforts to oust Khan from the prime minister's office as 174 members of the 342-member National Assembly voted against him in the wee hours of Sunday after a day of high drama.

Parliament's winter session to begin from Nov 18

Parliament's winter session to begin from Nov 18

Rediff.com21 Oct 2019

In the last two years, winter sessions have been convened on November 21 and ended in the first week of January.

Some parties speaking language of Pak on CAB: PM Modi

Some parties speaking language of Pak on CAB: PM Modi

Rediff.com11 Dec 2019

The prime minister during his party's parliamentary meeting, said that the bill will be written in golden letters for people who are persecuted on the basis of religion

Modiji, A Sure Shot Way To Win 2024

Modiji, A Sure Shot Way To Win 2024

Rediff.com12 May 2022

Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.

Only repealing of agri laws will end protest: Farmers

Only repealing of agri laws will end protest: Farmers

Rediff.com5 Dec 2020

Undeterred by the winter chill, thousands of farmers have stayed put at various border points of Delhi for the past nine days as part of their protest against the Centre's farm laws.

Stalin's Son Rises In The Party Of The Rising Sun

Stalin's Son Rises In The Party Of The Rising Sun

Rediff.com1 Dec 2022

His likable boy-next-door face and casual approach to public speaking have a unique appeal for the younger generation, but it stops there, observes N Sathiya Moorthy.

Yediyurappa allocates portfolios to new ministers

Yediyurappa allocates portfolios to new ministers

Rediff.com21 Jan 2021

A week after expanding his cabinet, Karnataka Chief Minister B S Yediyurappa on Thursday allocated portfolios to the seven new inductees and also effected a reshuffle of the departments of some ministers.

'BJP is focused on economic growth'

'BJP is focused on economic growth'

Rediff.com2 Feb 2022

'I see in the BJP an attempt to get growth and redistribution of resources.' 'For growth you need growth of the economy.'

Modi Cabinet reshuffle: Who got what

Modi Cabinet reshuffle: Who got what

Rediff.com8 Jul 2021

Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.

Sitharaman, Goyal, Pradhan become members of key Cabinet committees

Sitharaman, Goyal, Pradhan become members of key Cabinet committees

Rediff.com12 Sep 2017

After her elevation as defence minister, Sitharaman has become a member of the cabinet committee on security headed by the prime minister.

Lok Sabha witnesses continuous ruckus over Pegasus

Lok Sabha witnesses continuous ruckus over Pegasus

Rediff.com3 Aug 2021

More than five questions and supplementaries, mostly related to agriculture and horticulture, were taken up before the proceedings were first adjourned till noon. The Question Hour went on for nearly 40 minutes.

RS clocks 99% productivity in 1st part of budget session

RS clocks 99% productivity in 1st part of budget session

Rediff.com12 Feb 2021

Parliament will now meet on March 8 for the second part of the Budget session.

Channi keeps 14 portfolios, Amarinder's ministers retain theirs

Channi keeps 14 portfolios, Amarinder's ministers retain theirs

Rediff.com29 Sep 2021

Punjab Chief Minister Charanjit Singh Channi on Tuesday allocated portfolios to the new ministers, keeping 14 departments with himself and giving home affairs to deputy chief minister Sukhjinder Singh Randhawa and health to other deputy O P Soni.

This govt was not in favour of retro tax: Fin Secy

This govt was not in favour of retro tax: Fin Secy

Rediff.com5 Aug 2021

The bill to nullify retrospective taxation offers a fair solution within the framework of Indian law and Parliamentary sovereignty to companies which have been subjected to such demands, Finance Secretary T V Somanathan said on Thursday. Finance Minister Nirmala Sitharaman introduced 'The Taxation Laws (Amendment) Bill, 2021' in the Lok Sabha that seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets. The Bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the day the retrospective tax legislation came into being)."

Lok Sabha adjourned after passage of 2 bills amid uproar

Lok Sabha adjourned after passage of 2 bills amid uproar

Rediff.com27 Jul 2021

Discussion on the two bills could not take place as Opposition members continued to stage protests demanding a discussion on the Pegasus snooping allegations and the farmers' demand of repealing the three new agri laws.

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rediff.com13 Feb 2021

Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.

Verbal duel in House over Adhir calling PM 'infiltrator', FM 'Nirbala'

Verbal duel in House over Adhir calling PM 'infiltrator', FM 'Nirbala'

Rediff.com2 Dec 2019

Joshi said the Congress is 'led by an infiltrator' and is targeting Modi who hails from a humble family and is a popular leader.

After being left out, Rajnath inducted in key Cabinet panels

After being left out, Rajnath inducted in key Cabinet panels

Rediff.com6 Jun 2019

The change came amid reports that the presence of Amit Shah, who was made home minister in the second Narendra Modi dispensation after Singh held the charge in the first between 2014-19, in all eight committees had highlighted his position as the second most powerful person in the new government.

Parliament adjourned for the day over Pegasus protests

Parliament adjourned for the day over Pegasus protests

Rediff.com29 Jul 2021

Lok Sabha on Thursday passed two bills before the proceedings were adjourned for the day amid continuous protests by opposition members over the Pegasus spying row and farmers' issue.

Oppn members throw papers, torn placards in LS; 3 bills passed amid din

Oppn members throw papers, torn placards in LS; 3 bills passed amid din

Rediff.com29 Jul 2021

The Opposition intensified its noisy protests in Lok Sabha on Wednesday over Pegasus snooping, farm laws and other issues with some unruly members even hurling papers and torn placards in the House, but the government went ahead with its legislative agenda and three bills were passed amid the din.

Why Railways' financial health is off track

Why Railways' financial health is off track

Rediff.com11 Sep 2021

In 2019-20, the capital expenditure of Indian Railways (IR) increased 60 per cent over 2016-17. The draft National Railways plan envisages a further increase in IR's capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support. In 2016-17, while 11 per cent of its capital expenditure (capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent. A 2015 Committee on Restructuring Railways had flagged that over-reliance on borrowings could exacerbate the financial situation of Railways.

LS adjourned sine die amid coronavirus outbreak

LS adjourned sine die amid coronavirus outbreak

Rediff.com23 Mar 2020

Amid the coronavirus outbreak, various states have announced partial or complete lockdown and also there is increased focus on social distancing to curb the spread of the deadly virus which has infected over 400 people in the country.

'Modi wants to raise standard of living'

'Modi wants to raise standard of living'

Rediff.com31 Jan 2022

'So you have welfare programmes, you reach out to the poor, you cut out the middlemen, you cut out the leakages and you try to raise the standard of living.'

Job alert: Parliament may soon hire students as interns

Job alert: Parliament may soon hire students as interns

Rediff.com24 Feb 2017

Taking a leaf from the US, Canada and the UK, where students and research scholars get to work with Parliamentary panels, Lok Sabha Speaker Sumitra Mahajan is pushing for induction of interns in the Parliamentary standing committees.

Lakhimpur violence condemnable, but what about...?: Sitharaman in US

Lakhimpur violence condemnable, but what about...?: Sitharaman in US

Rediff.com13 Oct 2021

The Lakhimpur Kheri violence, in which four farmers were killed, is "absolutely condemnable," Finance Minister Nirmala Sitharaman has said, emphasising that there are issues of such nature happening in other parts of India equally which should be raised "when they happen and not when it suits others" because there is a Bharatiya Janata Party government in Uttar Pradesh.

Of power, privatisation and politics

Of power, privatisation and politics

Rediff.com26 Aug 2021

As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.

Mukul Roy appointed PAC chairman in WB assembly

Mukul Roy appointed PAC chairman in WB assembly

Rediff.com9 Jul 2021

BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.

Parliament Winter Session likely to begin from Nov 18

Parliament Winter Session likely to begin from Nov 18

Rediff.com16 Oct 2019

A formal decision is expected to be announced next week after the meeting of the Union Cabinet.

2nd Covid wave triggers downward re-rating for infra sector

2nd Covid wave triggers downward re-rating for infra sector

Rediff.com30 Apr 2021

Developers grappling with labour shortage and getting construction material to sites could be among a list of problems.