News for 'House and Union Finance'

Despite PM's request TDP quits Union govt, but to remain in NDA fold

Despite PM's request TDP quits Union govt, but to remain in NDA fold

Rediff.com9 Mar 2018

The ministers quit their posts in protest against central govt to grant special category status to Andhra Pradesh.

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.

Abdullahs' house in Jammu built on encroached land: J-K admin

Abdullahs' house in Jammu built on encroached land: J-K admin

Rediff.com24 Nov 2020

The administration of the union territory as directed by the Jammu and Kashmir high court to make public land given under the controversial Roshni land scheme, since scrapped by a court, came out with the list of beneficiaries.

Government promises a house for all by 2022

Government promises a house for all by 2022

Rediff.com10 Jul 2014

The government has also proposed to set up a Mission on Low Cost Affordable Housing to be anchored in the National Housing Bank.

'Effect of Budget on elections is marginal'

'Effect of Budget on elections is marginal'

Rediff.com2 Feb 2023

'The BJP's real weapons are Hindutva, organisation and finance.'

RS passes bill to convert J-K into Union Territory

RS passes bill to convert J-K into Union Territory

Rediff.com5 Aug 2019

The legislation was passed by 125 votes in favour and 61 against.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

Doc, cop among 4 J-K employees sacked for terror links

Doc, cop among 4 J-K employees sacked for terror links

Rediff.com22 Nov 2023

In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.

Special Session: Even Cabinet Is In The Dark

Special Session: Even Cabinet Is In The Dark

Rediff.com14 Sep 2023

This form of government, where secrets and major decisions are kept from the Cabinet itself, appears to be continuing, which is why the speculation around this special session, asserts Aakar Patel.

Kerala FM is new chairman of GST Empowered Committee

Kerala FM is new chairman of GST Empowered Committee

Rediff.com25 Mar 2015

The GST, an indirect tax regime, is to be rolled out from April 2016.

House panel raps FinMin over dated NPA data

House panel raps FinMin over dated NPA data

Rediff.com17 Jan 2014

RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.

Union minister reaches out to opposition to break Parliament logjam

Union minister reaches out to opposition to break Parliament logjam

Rediff.com22 Mar 2018

The second leg of the budget session is of 23 days and all 14 days so far have been wasted.

'BJP will have no effect. Not even an iota'

'BJP will have no effect. Not even an iota'

Rediff.com18 Apr 2024

'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'

Budget a big boost for affordable housing segment

Budget a big boost for affordable housing segment

Rediff.com10 Jul 2019

Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh.

Sidda says Rs 60,000 cr needed a year to implement 5 poll guarantees

Sidda says Rs 60,000 cr needed a year to implement 5 poll guarantees

Rediff.com26 Jun 2023

He said, the fresh budget of the new Congress government, which he will be presenting on July 7, is likely to be of the size Rs 3,35,000 crore.

Army not being fair to women officers, remarks SC in case over delayed promotions

Army not being fair to women officers, remarks SC in case over delayed promotions

Rediff.com9 Dec 2022

The Supreme Court on Friday asked the Army to put its "house in order", saying that it feels that it has not been "fair" to the women officers who have alleged delay in promotions after being granted permanent commission on the directions of the top court in 2020.

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Rediff.com28 Jul 2022

Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.

3 RS seats for BJP in Karnataka, 1 for Congress; JD-S draws a blank

3 RS seats for BJP in Karnataka, 1 for Congress; JD-S draws a blank

Rediff.com11 Jun 2022

The ruling Bharatiya Janata Party in Karnataka had the last laugh as it won all the three Rajya Sabha seats it had contested in, out of total of four from the state that went for polls on Friday, while the Congress managed to win only one of the two seats to which it had fielded its candidates.

Geelani-led Hurriyat member chargesheeted in terror finance case

Geelani-led Hurriyat member chargesheeted in terror finance case

Rediff.com17 Jul 2015

A chargesheet was on Thursday filed by the Enforcement Directorate against Firdous Ahmad Shah, a member of Syed Ali Geelani's Hurriyat Conference, and another person for allegedly receiving money from Europe for use in terror financing.

After 2 weeks of uproar, Lok Sabha to debate price rise on Monday

After 2 weeks of uproar, Lok Sabha to debate price rise on Monday

Rediff.com29 Jul 2022

Both the government and the Opposition have accused each other of "running away" from a debate on the issue.

Opposition continues protests in RS over suspension of MPs

Opposition continues protests in RS over suspension of MPs

Rediff.com6 Dec 2021

Rajya Sabha proceedings were adjourned for the day on Monday amid protests by Opposition parties over their demand to revoke the suspension of 12 members of the House.

AAP invites BJP's Yashwant Sinha to guide Delhi budget

AAP invites BJP's Yashwant Sinha to guide Delhi budget

Rediff.com9 Mar 2016

The Delhi assembly has chosen former Union Minister Yashwant Sinha as 'margdarshak' to guide the city government's budget.

House remains paralysed for 9th day, LS passes 2 bills

House remains paralysed for 9th day, LS passes 2 bills

Rediff.com15 Mar 2018

The Payment of Gratuity (Amendment) Bill and The Specific Relief (Amendment) Bill passed amid din.

Budget Session of Parliament ends a day ahead of schedule

Budget Session of Parliament ends a day ahead of schedule

Rediff.com7 Apr 2022

In the Rajya Sabha, Chairman M Venkaiah Naidu could not read out his customary closing remarks that sum up the business conducted in the House during the session, as Shiv Sena and other opposition MPs created a ruckus.

Fintechs may shift to secure products after RBI order on consumer loans

Fintechs may shift to secure products after RBI order on consumer loans

Rediff.com23 Nov 2023

Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.

Lok Sabha passes supplementary grants without debate

Lok Sabha passes supplementary grants without debate

Rediff.com21 Mar 2023

On March 13, Minister of State for Finance Pankaj Chaudhary had tabled the second batch of supplementary demands for grants in the House amounting to a total of Rs 2,70,508.89 crore.

India first, citizen first, says Modi ahead of Budget Session

India first, citizen first, says Modi ahead of Budget Session

Rediff.com31 Jan 2023

"The ray of hope being seen by the world will glow brighter -- for this, I firmly believe the finance minister will make all efforts to meet these aspirations," Modi said.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

Oppn terms Centre's economic package 'big zero'

Oppn terms Centre's economic package 'big zero'

Rediff.com13 May 2020

The BJP hailed teh package, saying it reflected the government's commitment towards creating jobs and stimulating the economy.

No-Confidence Motion: 'Not About Numbers, But Of Morality'

No-Confidence Motion: 'Not About Numbers, But Of Morality'

Rediff.com7 Aug 2023

'We wanted the PM to speak, and he just refused to -- now we have the opportunity, not just in the Lok Sabha, but also in the Rajya Sabha, to lay the government on the mat.'

Why RBI Is Worried About The Rise In Personal Loans

Why RBI Is Worried About The Rise In Personal Loans

Rediff.com28 Nov 2023

In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.

Modi hails budget as 'people-friendly and progressive'

Modi hails budget as 'people-friendly and progressive'

Rediff.com1 Feb 2022

"An important aspect of this budget is the welfare of the poor," Modi said.

What PMO will do for affordable housing

What PMO will do for affordable housing

Rediff.com12 Apr 2017

Realty players want single window clearance for all affordable projects, reports Karan Choudhury.

Are These Parliament's Formidable MPs?

Are These Parliament's Formidable MPs?

Rediff.com2 Aug 2023

What would Parliament be without these nine ladies?

SIP wave hits record level, more to come

SIP wave hits record level, more to come

Rediff.com30 Jan 2024

India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.

Maha govt to buy London house where Ambedkar stayed

Maha govt to buy London house where Ambedkar stayed

Rediff.com24 Jan 2015

The government of Maharashtra has decided to acquire the 2,050 sq ft three-storey house in London where Dr Babasaheb Ambedkar once lived.

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.

Lok Sabha clears 3 criminal law bills in absence of Opposition

Lok Sabha clears 3 criminal law bills in absence of Opposition

Rediff.com20 Dec 2023

The Lok Sabha on Wednesday passed three bills to replace the colonial-era criminal laws by voice vote.

Budget: Delhi police allocated Rs 10,355 cr, focus on force modernisation

Budget: Delhi police allocated Rs 10,355 cr, focus on force modernisation

Rediff.com1 Feb 2022

The Delhi police has been allocated Rs 10,355.29 crore in the Union Budget for 2022-23, an increase of Rs 1,701.03 crore from the last fiscal, officials said on Tuesday.