News for 'Finance and Parliamentary'

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.

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.

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

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.

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.

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.

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.

Political bigwigs, film celebrities turn up to vote

Political bigwigs, film celebrities turn up to vote

Rediff.com18 Apr 2019

As the second phase of polling commenced on Thursday amid heightened security, bigwigs came out to cast their votes for constituting the 17th Lok Sabha. Among those who took to their respective polling booths were former Finance Minister P Chidambaram, actor-turned-politician Rajinikanth, BJP candidate from Bengaluru South Tejasvi Surya, and defence minister Nirmala Sitharaman, among others.

Budget Session from Monday, Centre to push triple talaq bill

Budget Session from Monday, Centre to push triple talaq bill

Rediff.com28 Jan 2018

Following the address by President Ram Nath Kovind, the economic survey will be tabled in the two Houses.

FDI row: No breakthrough at PM's dinner for BJP leaders

FDI row: No breakthrough at PM's dinner for BJP leaders

Rediff.com22 Nov 2012

Prime Minister Manmohan Singh's dinner on Thursday for the Bharatiya Janata Party top brass failed to break the impasse over the Foreign Direct Investment in retail issue with the opposition party insisting on a discussion in Parliament on it under provisions which entail voting.

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.

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.

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.

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.

Be punctual, avoid work from home: PM to ministers

Be punctual, avoid work from home: PM to ministers

Rediff.com12 Jun 2019

The prime minister also asked senior ministers to hand-hold the new incumbents, sources said after the meeting.

Direct Taxes Code review on, says FM

Direct Taxes Code review on, says FM

Rediff.com29 Oct 2012

Finance Minister P Chidambaram on Monday said he is reviewing the Direct Taxes Code (DTC) Bill and it will be introduced in Parliament after taking into account the recommendations of the Parliamentary panel.

Shah slams 'undemocratic' politics of Rahul Gandhi

Shah slams 'undemocratic' politics of Rahul Gandhi

Rediff.com9 Feb 2018

Modi asked MPs to inform the masses about various pro-people features of the budget.

Question mark over BJP members' participation in JPC

Question mark over BJP members' participation in JPC

Rediff.com17 Oct 2012

A big question mark looms over whether Bharatiya Janata Party members in the Joint Parliamentary Committee on 2G spectrum allocation case will attend Thursday's meeting with the Opposition still adamant that Prime Minister Manmohan Singh and Finance Minister P Chidambaram should be examined by the panel.

Portfolios allocated to ministers in Rajasthan; Gehlot keeps 9, Pilot 5

Portfolios allocated to ministers in Rajasthan; Gehlot keeps 9, Pilot 5

Rediff.com27 Dec 2018

Apart from the chief minister and deputy chief minister, 13 cabinet and 10 ministers of state were allocated portfolios.

BJP's diktat to MPs: Be present all day in Parliament

BJP's diktat to MPs: Be present all day in Parliament

Rediff.com10 Mar 2015

The Bharatiya Janata Party on Tuesday asked its MPs to be present all day long in both Houses of Parliament for passage of crucial bills including the land bill coming up in Lok Sabha and the coal and mines bills in Rajya Sabha.

Govt for UPA-style bailout of NBFCs

Govt for UPA-style bailout of NBFCs

Rediff.com26 Dec 2019

In 2009, the UPA government, had announced a slew of measures to boost liquidity in NBFCs. These included a scheme for providing liquidity support to NBFCs having assets size of over Rs 100 crore through a SPV.

SC verdict on Aadhaar puts private firms in a spot

SC verdict on Aadhaar puts private firms in a spot

Rediff.com27 Sep 2018

There is some hope for these companies, with Finance Minister Arun Jaitley saying there was a need for legislative backing for private companies that were using Aadhaar. Adding that a careful reading of the judgment is required, Jaitley said this could be "temporary".

'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.'

Cong members question Jaswant's role on license fee reduction

Cong members question Jaswant's role on license fee reduction

Rediff.com14 Feb 2012

Congress members in the Joint Parliamentary Committee looking into the 2G scam today sought to turn tables on the Bharatiya Janata Party by raising questions as to why the then Finance Minister Jaswant Singh approved a proposal of the Telecom Ministry in 2003 on reduction in licence fee without examining its financial implications.

Team Modi reshuffle: 4 ministers promoted to Cabinet rank

Team Modi reshuffle: 4 ministers promoted to Cabinet rank

Rediff.com3 Sep 2017

Dharmendra Pradhan, Mukhtar Abbas Naqvi, Nirmala Sitharaman and Piyush Goyal have been elevated to Cabinet ministers.

Why more women are needed in Parliament

Why more women are needed in Parliament

Rediff.com2 Sep 2018

India will benefit hugely if the representation of women in Parliament is increased to a just level.

'Sometimes in politics, there is a need to take two steps back to forge ahead'

'Sometimes in politics, there is a need to take two steps back to forge ahead'

Rediff.com20 Jul 2021

'There is a need for the Congress to introspect.' 'Introspection means to find out where we have gone wrong in the last eight-ten years, how we have gone wrong, where we have failed to succeed.'

Bhupendra strikes conciliatory note with Nitin Patel ahead of swearing-in

Bhupendra strikes conciliatory note with Nitin Patel ahead of swearing-in

Rediff.com13 Sep 2021

Gujarat Deputy Chief Minister Nitin Patel on Monday said he was not unhappy with the Bharatiya Janata Party's decision to select Bhupendra Patel as the state's next chief minister, soon after the CM-designate met him at his residence in Ahmedabad in the morning.

Budget 2012: Government keen on early enactment of DTC Bill

Budget 2012: Government keen on early enactment of DTC Bill

Rediff.com16 Mar 2012

Union Finance Minister Pranab Mukherjee on Friday expressed firm commitment to enact the Direct Taxes Code (DTC) Bill at the earliest, after expeditious examination of the report of the Parliamentary Standing Committee.

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.

Will this be the 'most productive' Parliament session?

Will this be the 'most productive' Parliament session?

Rediff.com4 Aug 2019

Union ministers said Parliament passing over two dozen Bills was evidence of increased productivity of Narendra Modi government 2.0.

'PM's Parliament speech was jumlebaazi'

'PM's Parliament speech was jumlebaazi'

Rediff.com11 Feb 2022

'It will take a long time for people's memory to be misled by a prime minister who is so arrogant and who refuses to acknowledge his own faults.'

Yashwant Sinha on DTC and Services Tax

Yashwant Sinha on DTC and Services Tax

Rediff.com24 Oct 2011

As chairman of the parliamentary standing committee on finance, former finance minister, Yashwant Sinha, says he is committed to expediting the legislative work associated with important Bills, including the direct taxes code (DTC) and Goods and Servies Tax.

No public access to 2G files till probe gets over: CIC

No public access to 2G files till probe gets over: CIC

Rediff.com27 Jan 2013

Documents related to 2G spectrum allocation cannot be accessed by the public till the Joint Parliamentary Committee completes its probe and submits its report, the Central Information Commission has stated. The JPC, which is probing the high-profile scam, has directed the finance ministry not to reveal any information till it completes the probe.

WATCH LIVE: All the action in Parliament

WATCH LIVE: All the action in Parliament

Rediff.com21 Dec 2015

The DDCA issue is likely to create ruckus in Parliament on Monday with parties looking to target Finance Minister Arun Jaitley as he is "practically the number two in the government".

I-T exemption limit may be hiked to Rs 3 lakh

I-T exemption limit may be hiked to Rs 3 lakh

Rediff.com24 Feb 2012

A Parliamentary committee scrutinising the Direct Taxes Code (DTC) Bill will recommend raising of the annual income tax exemption limit to Rs 3 lakh.

Chronology: GST's 17-year roller coaster ride

Chronology: GST's 17-year roller coaster ride

Rediff.com30 Jun 2017

After 17 tumultuous years, a nationwide Goods and Services Tax (GST) will rollout from midnight of June 30, overhauling India's convoluted indirect taxation system and unifying the $2 trillion economy with 1.3 billion people into a single market.