News for 'Finance and Parliamentary'

Can The Congress Survive Till 2024?

Can The Congress Survive Till 2024?

Rediff.com31 May 2022

For the Congress to be taken seriously, it has to convince those around it that it could actually double its Lok Sabha seat share from the existing 52, and vote-share by a third more from the stagnating 20 per cent in 2014 and 2019, points out N Sathiya Moorthy.

What Awaits Rajapaksas After Monday's Mayhem?

What Awaits Rajapaksas After Monday's Mayhem?

Rediff.com10 May 2022

Gota has to decide if he could order elder brother Mahinda's arrest as the agent provocateur of Monday's violence. Then he has to prepare for an interim government, in which no one would now want to become a cabinet minister leave alone prime minister, explains N Sathiya Moorthy.

Govt reconstitutes various cabinet panels, Shah in all of them

Govt reconstitutes various cabinet panels, Shah in all of them

Rediff.com6 Jun 2019

Among the panels announced on Thursday is the Appointments Committee of Cabinet (ACC) to be headed by the prime minister with Shah as the other member.

Nothing yielded from Oppn meet at Pawar's residence: Sena

Nothing yielded from Oppn meet at Pawar's residence: Sena

Rediff.com24 Jun 2021

The Sena also suggested that Congress leader Rahul Gandhi should join Pawar's effort to unite the Opposition, only then can a consolidated front gain real strength.

Assam Accord: Govt forms 8-member panel for implementation

Assam Accord: Govt forms 8-member panel for implementation

Rediff.com2 Oct 2021

The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.

Don't pay workers wages during calamities, says House panel

Don't pay workers wages during calamities, says House panel

Rediff.com25 Apr 2020

Parliamentary standing committee on labour, led by Biju Janata Dal MP Bhartruhari Mahtab, has said in its report that it is unjustifiable for owners to pay workers' wages during natural calamities.

FinMin asks states to vaccinate bank, insurance staff on priority

FinMin asks states to vaccinate bank, insurance staff on priority

Rediff.com14 May 2021

The finance ministry on Friday asked state governments to accord priority to employees of banks and insurance companies for Covid-19 vaccination, saying they are exposed to high risks during these difficult times.

Modi's Credibility As Reformer In Tatters

Modi's Credibility As Reformer In Tatters

Rediff.com6 Dec 2021

His about-turn in the farm laws proves that he sees everything in just one dimension: Politics. That helps sometimes. But not always, observes T C A Srinivasa-Raghavan.

Bhupender Yadav: Minister To Watch Out For

Bhupender Yadav: Minister To Watch Out For

Rediff.com29 Nov 2021

As a politician, Yadav is amiable and a consensus-maker, not hamstrung by dogma.

MPs want ban on schemes promising very high returns

MPs want ban on schemes promising very high returns

Rediff.com17 May 2013

The Parliamentary Standing Committee on Finance, chaired by BJP leader and former Finance Minister Yashwant Sinha, which met on Friday to discuss the chit fund scam, was of the view that there should be a 'single law and a single regulator' to deal with investment schemes, sources said.

COVID-19 lockdown: Union ministers back to work

COVID-19 lockdown: Union ministers back to work

Rediff.com13 Apr 2020

The move to resume work in ministries comes nearly a month after the government issued work from home protocols in its fight against the coronavirus pandemic.

Watch LIVE! All the action in Parliament

Watch LIVE! All the action in Parliament

Rediff.com2 Dec 2016

Will the Parliament function today or the logjam continue? Watch.

How DTC may bring relief on I-T rates

How DTC may bring relief on I-T rates

Rediff.com30 Oct 2012

At a press conference on Monday, Finance Minister P Chidambaram said when the final version of the Bill was tabled in Parliament, the government would abide by the recommendations of the parliamentary standing committee on DTC.

SC ruling on individual guarantors brings top industrialists under IBC ambit

SC ruling on individual guarantors brings top industrialists under IBC ambit

Rediff.com22 May 2021

The verdict, upholding Centre's November 15, 2019, notification bringing personal guarantors of corporate debtors under the net of the IBC, assumes significance in view of the fact that various high-profile industrialists may now face insolvency proceedings along with their debt-ridden firms under the IBC.

How the richest candidates fared in the elections

How the richest candidates fared in the elections

Rediff.com24 May 2019

It was a mixed outing for super rich candidates as five of them emerged victorious and an equal number suffered defeat in the Lok Sabha polls.

Hope there are good debates in Parl: PM ahead of budget session

Hope there are good debates in Parl: PM ahead of budget session

Rediff.com31 Jan 2020

Modi said that he wanted a vast and qualitative discussion on financial issues in both the houses.

First-time DMK MPs feel left out, look to Stalin for help

First-time DMK MPs feel left out, look to Stalin for help

Rediff.com5 Jul 2019

The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.

No one can fill Ahmed Patel's void in Congress

No one can fill Ahmed Patel's void in Congress

Rediff.com26 Nov 2020

Patel's closeness to the Gandhi family was undeniable. But unlike others, he resisted the temptation to use it to leverage personal business, says Aditi Phadnis.

Probe into Jan 22 market crash, if. . .

Probe into Jan 22 market crash, if. . .

Rediff.com18 Feb 2008

The Parliamentary Standing Committee on Finance reportedly discussed market volatility on Monday, which was its second meeting on the issue.

The Politics behind Modi's Reshuffle

The Politics behind Modi's Reshuffle

Rediff.com8 Jul 2021

The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.

Sher Bahadur Deuba takes oath as Nepal's PM for record 5th time

Sher Bahadur Deuba takes oath as Nepal's PM for record 5th time

Rediff.com13 Jul 2021

The 75-year-old veteran politician and Nepali Congress President took the oath of office and secrecy from President Bidya Devi Bhandari during a swearing-in ceremony which was delayed by over two hours.

'A strong, decisive leadership is what India needs'

'A strong, decisive leadership is what India needs'

Rediff.com18 Jan 2021

'What matters is meeting the needs and expectations of the people who have voted to provide governance for the country.'

Jaitley to spend MP area development funds on Rae Bareli

Jaitley to spend MP area development funds on Rae Bareli

Rediff.com7 Oct 2018

However, Bajpai ruled out any possibility of an epic battle in the 2019 Lok Sabha elections between Sonia Gandhi and Arun Jaitley.

The Rajapaksas You Did Not Know

The Rajapaksas You Did Not Know

Rediff.com7 Apr 2022

From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.

Congress suggestions on GST preposterous, says Jaitley

Congress suggestions on GST preposterous, says Jaitley

Rediff.com25 Nov 2015

Jaitley's concerns are unlikely to cut much ice with the Congress.

Jaitley unlikely to be a minister in new govt on account of ill health

Jaitley unlikely to be a minister in new govt on account of ill health

Rediff.com24 May 2019

Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Rediff.com25 Jan 2019

Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.

Registration of 1,490 NBFCs cancelled

Registration of 1,490 NBFCs cancelled

Rediff.com8 Jan 2019

Kolkata tops the list with 617 cancellations, New Delhi stands second with 203, followed by Mumbai at 190.

Sonia asks Congress-ruled states to override farm laws

Sonia asks Congress-ruled states to override farm laws

Rediff.com28 Sep 2020

The Congress is strongly opposed to the three Central legislations which were signed into laws by President Ram Nath Kovind on Sunday.

Govt used GST compensation cess elsewhere, violated law: CAG

Govt used GST compensation cess elsewhere, violated law: CAG

Rediff.com25 Sep 2020

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.

43 ministers in Mamata's cabinet take oath

43 ministers in Mamata's cabinet take oath

Rediff.com10 May 2021

Three TMC leaders Amit Mitra, Bratya Basu and Rathin Ghosh were sworn-in virtually. Mitra is unwell and both Basu and Ghosh are recuperating from COVID-19.

Chidambaram to meet state FMs on Feb 14 on GST rollout

Chidambaram to meet state FMs on Feb 14 on GST rollout

Rediff.com11 Feb 2013

After discussions, there may be changes the Bill.

Bommai allocates portfolios, some ministers express displeasure

Bommai allocates portfolios, some ministers express displeasure

Rediff.com7 Aug 2021

The chief minister, who had on Wednesday expanded his new cabinet by inducting 29 ministers, had played it safe by and large retaining old faces, as 23 of them were Ministers in the previous Yediyurappa cabinet, while six were new.

Govt to conduct mock GST launch in Parliament on Wednesday

Govt to conduct mock GST launch in Parliament on Wednesday

Rediff.com27 Jun 2017

Officers from various departments including the finance ministry to be part of rehearsal event

What the rise in China's defence budget really means

What the rise in China's defence budget really means

Rediff.com24 May 2020

'China's opaque defence allocation processes are shrouded in mystery and have triggered security dilemmas among its neighbours and others,' notes China expert Srikanth Kondapalli.

Sensex zooms 428 points on trade deal boost

Sensex zooms 428 points on trade deal boost

Rediff.com13 Dec 2019

the broader NSE Nifty settled 114.90 points, or 0.96 per cent, higher at 12,086.70. Axis Bank was the top gainer in the Sensex pack, rallying 4.21 per cent, followed by Vedanta 3.75 per cent, SBI 3.39 per cent, Maruti 3.20 per cent, IndusInd Bank 3.07 per cent and Yes Bank 2.87 per cent. Bharti Airtel slipped 1.98 per cent, Kotak Bank 1.38 per cent, Bajaj Auto 0.88 per cent, Asian Paints 0.31 per cent, HDFC Bank 0.05 per cent and HUL 0.03 per cent.

How to get Parliament to debate the Budget

How to get Parliament to debate the Budget

Rediff.com20 Apr 2018

Let there be a rule that if the Budget is not passed and funds cannot be drawn from the Consolidated Fund of India, there will be a government shutdown as it happens in the United States, says A K Bhattacharya.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

Govt's stimulus package hopelessly inadequate: Chidambaram

Govt's stimulus package hopelessly inadequate: Chidambaram

Rediff.com18 May 2020

Senior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.

'Rahul does not want to be PM'

'Rahul does not want to be PM'

Rediff.com24 Aug 2021

'The Congress wants to deprive Modi another term in 2024 and for that they are ready to make any sacrifice.'