News for 'Highlights of Union Budget'

'Cheerful' ads that are miles away from the truth

'Cheerful' ads that are miles away from the truth

Rediff.com12 Apr 2016

At a time when more and more of government spending is done by states, the impression you get from these large advertisements could well reflect the slogan of Emergency days: the nation is on the move, says T N Ninan.

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Rediff.com8 Jun 2022

The home minister said the northeast and the Left-wing extremism-affected areas in the country are tribal-dominated regions and security is a precursor to development there.

BJP banking on Yediyurappa, makes him key mascot for assembly polls

BJP banking on Yediyurappa, makes him key mascot for assembly polls

Rediff.com5 Mar 2023

The octogenarian, who has already announced his retirement from electoral politics, is sought to be put on the pedestal by the governing party's central leaders.

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.

India's Rs 15 trillion solution to boost economy

India's Rs 15 trillion solution to boost economy

Rediff.com1 Feb 2018

India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.

Jaitley gives big push to Digital India; no tax on PoS machines

Jaitley gives big push to Digital India; no tax on PoS machines

Rediff.com1 Feb 2017

The minister also exempted components from taxes to encourage domestic manufacturing of these devices.

Modi: Cong busy digging my grave, while I'm working for poor

Modi: Cong busy digging my grave, while I'm working for poor

Rediff.com12 Mar 2023

On his sixth visit this year to Karnataka, where assembly elections are due by May, he also asserted that the 'double engine' government is a necessity for the fast-paced development of the state.

Modi backs Sitharaman!

Modi backs Sitharaman!

Rediff.com1 Apr 2021

When Nirmala Sitharaman announced her new privatisation policy, there were serious doubts if the move had the BJP's full political backing. All those doubts were dispelled when her initiatives were endorsed by Modi in Parliament, observes A K Bhattacharya.

India losing $10.3 bn per year due to tax abuse

India losing $10.3 bn per year due to tax abuse

Rediff.com22 Nov 2020

India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday. The State of Tax Justice report said globally countries are losing a total of over $427 billion in taxes each year to international corporate tax abuse and private tax evasion. This is costing countries altogether the equivalent of nearly 34 million nurses' annual salaries every year -- or one nurse's annual salary every second.

'Government doesn't care for workers'

'Government doesn't care for workers'

Rediff.com19 Dec 2017

'On December 5, the government called unions for pre-Budget consultations.' '12 trade unions were called and the time allotted was one hour which means 5 minutes for each union.' 'We were asked to present our views in about four minutes.' 'That itself is a reflection of how serious the government is about workers' demands.'

Modi@9: Congress asks 9 questions, BJP calls them 'bundle of lies'

Modi@9: Congress asks 9 questions, BJP calls them 'bundle of lies'

Rediff.com26 May 2023

The Congress released a booklet 'Nau saal, Nau sawaal', asking nine questions from Modi. The BJP rejected the Congress' criticism as a 'bundle of lies and mountain of deception' and said the questions are born out of 'pathological hatred' of the PM.

Cong sticks to JPC demand, BJP objects to attack on PM

Cong sticks to JPC demand, BJP objects to attack on PM

Rediff.com8 Feb 2023

During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.

Clarity needed on tax framework for IT industry: Nasscom

Clarity needed on tax framework for IT industry: Nasscom

Rediff.com1 Feb 2021

The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.

Modi govt to achieve 50-million LPG connection target by August 15

Modi govt to achieve 50-million LPG connection target by August 15

Rediff.com20 Jul 2018

Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts

Madam Raksha Mantri: Where's the money for guns, submarines, warships?

Madam Raksha Mantri: Where's the money for guns, submarines, warships?

Rediff.com3 Sep 2017

'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.

The HOT new study abroad destinations for Indians

The HOT new study abroad destinations for Indians

Rediff.com22 Oct 2021

As per Western Union's study on overseas education, 22 per cent students prefer new and unconventional study destinations such as Ireland, Turkey and Spain.

Annual infrastructure spending hiked to Rs 6 lakh crore

Annual infrastructure spending hiked to Rs 6 lakh crore

Rediff.com1 Feb 2018

Our country needs massive investment in access of Rs 50 lakh crore in infrastructure to increase growth of GDP and integrate the nation with a network of roads, airports, railways, inland water and to provide good quality services to the people: FM

Labour, tax reforms to boost apparel, leather sectors: Survey

Labour, tax reforms to boost apparel, leather sectors: Survey

Rediff.com31 Jan 2017

Indian companies struggle in face of a set of common challenges related to logistics, labour regulations, tax and tariff policy

What exactly happened at the Opposition meeting

What exactly happened at the Opposition meeting

Rediff.com3 Feb 2018

Rahul Gandhi stressed the importance of an electoral understanding in UP if the BJP is to be defeated in the Lok Sabha polls.

Who will decide Rail fares from next year?

Who will decide Rail fares from next year?

Rediff.com20 Dec 2016

The Union Cabinet will soon take a call on setting up Railway Development Authority of India, an independent regulator, which will decide on passenger and freight rates

UP has biggest responsibility to make India powerful: Modi

UP has biggest responsibility to make India powerful: Modi

Rediff.com28 Feb 2022

His remarks at the Maharajganj rally come against the backdrop of the war in Ukraine from where India is trying evacuate thousands of its citizens. Modi, however, did not specifically mention the crisis.

PM releases Rs 20,946 cr for farmers under PM-KISAN

PM releases Rs 20,946 cr for farmers under PM-KISAN

Rediff.com2 Jan 2022

Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per year is provided to the eligible farmer families, payable in three equal installments of Rs 2,000. The PM-KISAN scheme was announced in the February 2019 Budget.

BJP's mission is to work for country: PM at party office bearers' meet

BJP's mission is to work for country: PM at party office bearers' meet

Rediff.com21 Feb 2021

BJP general secretary Arun Singh said that during the course of the meet, discussions will be held on farm laws, Aatmanirbhar Bharat and upcoming state polls.

BJP Punjab manifesto: 75% quota for locals in govt jobs

BJP Punjab manifesto: 75% quota for locals in govt jobs

Rediff.com12 Feb 2022

The BJP-led National Democratic Alliance released its manifesto for the February 20 Punjab polls on Saturday, promising a slew of sops for various sections, including 75 per cent reservation in all government jobs for youngsters from the state, an unemployment allowance, 35 per cent reservation for women in government jobs and massive infrastructure development.

Why India is a poor country of very rich people

Why India is a poor country of very rich people

Rediff.com12 Feb 2020

'Nowhere amidst the efflorescence of 13 military bands, 16 marching contingents and 22 tableaux was there any hint that far from being a rich country of poor people, the closely guarded secret is that India is a poor country of extremely rich people,' notes Sunanda K Datta-Ray.

3 takeaways from the Finance Bill amendments

3 takeaways from the Finance Bill amendments

Rediff.com10 Apr 2017

A more vigilant Opposition and a more aware civil society including the media could have certainly helped keep a check on an unhealthy trend, says A K Bhattacharya.

To condemn every man as rapist is not advisable: Irani on marital rape issue

To condemn every man as rapist is not advisable: Irani on marital rape issue

Rediff.com2 Feb 2022

The government's endeavour, she said, is to protect women in this country in collaboration with state governments.

You can question Modi's 3 mantris in Twitter 'Talkathon' today

You can question Modi's 3 mantris in Twitter 'Talkathon' today

Rediff.com30 May 2015

As part of the National Democratic Alliance government's media blitzkrieg to highlight achievements made during its one-year rule, three Union ministers will participate in a 'talkathon' session today during which they will answer questions posted on Twitter.

Prez censures Delhi violence; says govt vigilant amid LAC standoff

Prez censures Delhi violence; says govt vigilant amid LAC standoff

Rediff.com29 Jan 2021

President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Rediff.com2 Sep 2022

Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.

Mamata promises better railway amenities

Mamata promises better railway amenities

Rediff.com3 Jul 2009

Union Railway Minister Mamata Banerjee presented the Railway Budget for 2009-10 in Parliament on Friday.

India's gold obsession needs a correction

India's gold obsession needs a correction

Rediff.com16 Mar 2015

India's gold obsession needs a correction.

'India's macros are one of the best in the world'

'India's macros are one of the best in the world'

Rediff.com26 Feb 2016

Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.

Will Rishi Sunak move next door, into 10, Downing Street?

Will Rishi Sunak move next door, into 10, Downing Street?

Rediff.com14 Jan 2022

As Boris Johnson's "partygate" troubles mount and members of his own Conservative Party demand he step down as the British prime minister, one name is doing the rounds as a frontrunner to take charge -- his Indian-origin chancellor and Downing Street neighbour Rishi Sunak.

Climate deal emerges at COP26, India intervenes on fossil fuel

Climate deal emerges at COP26, India intervenes on fossil fuel

Rediff.com14 Nov 2021

Negotiators from nearly 200 countries have accepted a new climate agreement after the COP26 summit in Glasgow concluded its extra time plenary on Saturday with a deal, which recognises India's intervention for the world to 'phase down' rather than "phase out" fossil fuels.

Lok Sabha passes bill to modify list of SCs in Tamil Nadu

Lok Sabha passes bill to modify list of SCs in Tamil Nadu

Rediff.com20 Mar 2021

A bill to modify the list of scheduled castes in Tamil Nadu by grouping of seven castes which presently exist as separate castes, was passed by the Lok Sabha on Friday.

Centre ups infra projects offering to Rs 111-trillion

Centre ups infra projects offering to Rs 111-trillion

Rediff.com30 Apr 2020

The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in December 2019 when it was pegged at Rs 100 trillion.

Modi not keen about Parliament's winter session

Modi not keen about Parliament's winter session

Rediff.com10 Nov 2017

The government says MPs will be busy campaigning in Gujarat. The Opposition counters this, saying campaigning for elections in 5 states was held in the midst of the Budget session earlier this year.

Delhi violence: Tikait, Yogendra Yadav, Medha Patkar among 37 booked

Delhi violence: Tikait, Yogendra Yadav, Medha Patkar among 37 booked

Rediff.com28 Jan 2021

As many as 37 farmer leaders, including Rakesh Tikait, Yogendra Yadav, Darshan Pal and Gurnam Singh Chaduni, have been named in a first information report in connection with the violence during the tractor parade that left 300 police personnel injured even as two farmer unions on Wednesday withdrew from the agitation against the farm laws.

Survey calls for 'policy vigilance'

Survey calls for 'policy vigilance'

Rediff.com29 Jan 2018

... if high oil prices persist or stock prices correct sharply.