News for 'House and Union Finance'

Parliament's Budget session comes to an end

Parliament's Budget session comes to an end

Rediff.com25 Mar 2021

The session started on January 29 and was originally slated to end on April 8 but several members had urged Speaker Om Birla to end the session earlier as they focus on electioneering for the five assemblies.

Maha says no move to privatise power firms, employees call off strike

Maha says no move to privatise power firms, employees call off strike

Rediff.com4 Jan 2023

Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.

AAP seeks privilege motion against Jaitley for 'lying' in Parliament

AAP seeks privilege motion against Jaitley for 'lying' in Parliament

Rediff.com16 Dec 2015

Training guns on Jaitley, Ashutosh said the Union finance minister should come clean on the alleged irregularities in the Delhi and District Cricket Association.

Budget: MGNREGA funds cut by 13%

Budget: MGNREGA funds cut by 13%

Rediff.com1 Feb 2020

Sources in the Rural Development Ministry said the actual expenditure incurred in 2020-21 will be higher than the allocated funds and it will at least be at par with this year's total estimated expenditure of MGNREGS.

When Computer Baba Walked with Rahul

When Computer Baba Walked with Rahul

Rediff.com5 Dec 2022

What some of our leaders were up to on the weekend.

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

DHFL shares may get delisted post acquisition by Piramal

DHFL shares may get delisted post acquisition by Piramal

Rediff.com7 Jun 2021

Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.

When Santa Wore A Red Sari

When Santa Wore A Red Sari

Rediff.com1 Feb 2023

The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.

'In life as well as in politics, nothing is black or white'

'In life as well as in politics, nothing is black or white'

Rediff.com15 Dec 2023

'There was trust, but perhaps there was also this apprehension that given the supreme post of prime minister, Sonia Gandhi felt her authority may be a challenged.'

Punjab assembly passes resolution for transfer of Chandigarh, BJP walks out

Punjab assembly passes resolution for transfer of Chandigarh, BJP walks out

Rediff.com1 Apr 2022

In the past, the House has passed a number of resolutions urging the Central government to transfer Chandigarh to Punjab, Mann said.

Gift city to be part of this year's Union Budget

Gift city to be part of this year's Union Budget

Rediff.com4 Feb 2015

The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.

Census unlikely to take place before 2024 Lok Sabha elections

Census unlikely to take place before 2024 Lok Sabha elections

Rediff.com16 Dec 2022

Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.

What to watch for in today's 4-state RS polls

What to watch for in today's 4-state RS polls

Rediff.com10 Jun 2022

Here is the lowdown of the each state and parties.

'Biren Singh must step down and President's rule imposed immediately'

'Biren Singh must step down and President's rule imposed immediately'

Rediff.com5 Jul 2023

'The central government can stop further destruction... if they have the political will to do so.'

Petrol price up Rs 36 a litre, diesel 26.58 in less than 18 months

Petrol price up Rs 36 a litre, diesel 26.58 in less than 18 months

Rediff.com23 Oct 2021

Petrol and diesel prices were hiked for the fourth consecutive day on Saturday by 35 paise per litre, pushing the total increase in rates on petrol to Rs 36 per litre and on diesel to Rs 26.58 since early May 2020 when taxes on the two fuels were raised to record levels. Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels.

How right is it to use budget as tool to win polls, asks Sena

How right is it to use budget as tool to win polls, asks Sena

Rediff.com2 Feb 2021

Accusing the Centre of setting a new trend of playing "dirty politics" for votes through the budget, an editorial in Sena mouthpiece 'Saamana' said the allocation of more funds to poll-bound states is a kind of "bribery".

'Adani affair overshadowed Budget's stability, prudence'

'Adani affair overshadowed Budget's stability, prudence'

Rediff.com6 Feb 2023

'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'

BJP rolls out big guns to take on Congress over Parliament washout

BJP rolls out big guns to take on Congress over Parliament washout

Rediff.com20 Jul 2022

The government is ready for a debate in Parliament on price rise once Finance Minister Nirmala Sitharaman recovers from Covid-19, the Bharatiya Janata Party asserted on Wednesday and targeted Rahul Gandhi, saying he may be "unproductive politically" but should not hurt the legislature's productivity.

No tax on income up to Rs 7 lakh, surcharge cut to 25%

No tax on income up to Rs 7 lakh, surcharge cut to 25%

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman in her fifth Union Budget made five major announcements for the income tax assesse. She announced no changes in the old tax regime and confined her relief measures to the new tax regime. There have been no changes under the old tax regime.

'Problem is not with the Constitution'

'Problem is not with the Constitution'

Rediff.com11 Nov 2022

'The problem is with those who are entrusted with powers.'

Protests over price rise wash out Rajya Sabha proceedings

Protests over price rise wash out Rajya Sabha proceedings

Rediff.com4 Apr 2022

In the Upper House of Parliament, Chairman M Venkaiah Naidu did not allow adjournment notices moved by opposition members on the issue of price rise, prompting members of the Congress, the Trinamool Congress, the Left parties, the Dravida Munnetra Kazhagam, the Aam Aadmi Party, the Nationalist Congress Party, the Rashtriya Janata Dal and the Shiv Sena to create an uproar.

TN seeks special package of Rs 1K cr to address water crisis

TN seeks special package of Rs 1K cr to address water crisis

Rediff.com21 Jun 2019

The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.

Bhupendra Patel takes oath as Gujarat CM, allots portfolios

Bhupendra Patel takes oath as Gujarat CM, allots portfolios

Rediff.com13 Dec 2022

Patel was administered the oath as the 18th chief minister by Governor Acharya Devvrat at a function held at the Helipad Ground near the new Secretariat.

Manipur done; suspense continues over next Goa, U'khand CMs

Manipur done; suspense continues over next Goa, U'khand CMs

Rediff.com20 Mar 2022

Incumbents Pushkar Singh Dhami and Pramod Sawant are the clear favourites but face some opposition

Is Stalin Slipping Up In A Poll Year?

Is Stalin Slipping Up In A Poll Year?

Rediff.com28 Apr 2023

ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.

'This will encourage states to go for their own monetisation programmes'

'This will encourage states to go for their own monetisation programmes'

Rediff.com30 Aug 2021

'They are also sitting on huge public sector assets without many returns.'

FinMin to kick-start Budget 2022-23 exercise on October 12

FinMin to kick-start Budget 2022-23 exercise on October 12

Rediff.com21 Sep 2021

The finance ministry will kick-start the exercise to prepare the Union Budget for financial year 2022-23 (FY23) from October 12, according to an official notification released on Monday. "The pre-Budget meetings as well as the meetings to discuss the revised estimates will start from October 12 and will continue till the second week of November," according to the Budget circular of the Department of Economic Affairs' Budget Division. The Union Budget is expected to be announced on February 1, as has been the practice of the past few years.

President gives nod to CrPC, merger of Delhi civic bodies bills

President gives nod to CrPC, merger of Delhi civic bodies bills

Rediff.com19 Apr 2022

The CrPC (Identification) Bill empowers the police to obtain physical and biological samples of convicts and those accused of crimes while the DMC (Amendment) Bill, 2022 seeks to unify the three civic bodies in the national capital.

CBI seizes AgustaWestland helicopter from builder in DHFL scam

CBI seizes AgustaWestland helicopter from builder in DHFL scam

Rediff.com30 Jul 2022

The CBI has been carrying out searches at various locations for the past few days to locate assets acquired from the proceeds of the scam, officials said.

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Rediff.com1 Feb 2022

Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent, followed by Sun Pharma, IndusInd Bank, L&T, ITC and HCL Tech.

'India has increased its hard power'

'India has increased its hard power'

Rediff.com18 Sep 2023

'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'

Jumbled seating 'new normal' as Parliament commences

Jumbled seating 'new normal' as Parliament commences

Rediff.com14 Sep 2020

While nearly 200 members were present in the Lok Sabha chamber, a little over 30 were seated in the visitors' gallery located above the main chamber.

Modi alleging I did nothing for Assam not true: Manmohan

Modi alleging I did nothing for Assam not true: Manmohan

Rediff.com11 Apr 2016

"I don't want to be decided by the prime minister but he knows what he is saying is not true," Singh told reporters after casting his vote at Dispur Government High School in Guwahati.

'Country can't wait if one House of Parliament does not work'

'Country can't wait if one House of Parliament does not work'

Rediff.com24 Dec 2014

With the government pushing key reform measures like insurance and coal block allocation, Finance Minister Arun Jaitley said the country cannot wait even if one of the Houses of Parliament "waits indefinitely".

BJP releases Gujarat manifesto on the eve of voting

BJP releases Gujarat manifesto on the eve of voting

Rediff.com8 Dec 2017

Unlike the 2012 manifesto, the BJP has chosen not to make any extravagant promises.

Jaitley to present Union Budget on Feb 28

Jaitley to present Union Budget on Feb 28

Rediff.com21 Jan 2015

Finance Minister Arun Jaitley to present Union Budget on February 28.

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.

PSB Bull Run: Time For Govt To Reap Riches

PSB Bull Run: Time For Govt To Reap Riches

Rediff.com19 Jul 2023

Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.

'Private Sector Is Not Firing At 100%'

'Private Sector Is Not Firing At 100%'

Rediff.com4 Feb 2023

'They have started becoming an important player, but not at the same level as they were in the earlier part of the decade.'

Record 19 Oppn MPs suspended from RS for week after ruckus over price rise

Record 19 Oppn MPs suspended from RS for week after ruckus over price rise

Rediff.com26 Jul 2022

While seven of the suspended MPs belonged to the TMC, six were from the DMK, three from the Telangana Rashtra Samithi, two from the Communist Party of India-Marxist and one from the Communist Party of India.