News for 'House and Union Finance'

Gujarat, Himachal: BJP Faces AAP Challenge

Gujarat, Himachal: BJP Faces AAP Challenge

Rediff.com22 Mar 2022

AAP's presence in both states has complicated the contests for the BJP and its Congress rival.

No jail for Chidambaram for now, CBI custody extended by 1 day

No jail for Chidambaram for now, CBI custody extended by 1 day

Rediff.com2 Sep 2019

CBI had lodged an FIR on May 15, 2017, alleging irregularities in Foreign Investment Promotion Board clearance granted to INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as union finance minister.

Budget 2021: Sitharaman again opts for 'bahi-khata'

Budget 2021: Sitharaman again opts for 'bahi-khata'

Rediff.com1 Feb 2021

Finance Minister Nirmala Sitharaman on Monday used her trademark 'bahi-khata', a ledger wrapped in a red-coloured cloth, to carry Budget documents as she arrived in Parliament House to present her third straight Budget. Sitharaman, India's first full-time woman finance minister, had in July 2019 ditched the colonial legacy of a Budget briefcase for the traditional 'bahi-khata' to carry Union Budget papers. She used the same last year and again on Monday.

DHFL resolution: Lenders back Piramal's bid

DHFL resolution: Lenders back Piramal's bid

Rediff.com16 Jan 2021

Piramal Enterprises' bid for debt-ridden DHFL received the most votes from lenders at the close of the voting process on Friday, sources said. Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital. Voting was done on various parameters, including qualitative and quantitative.

Old Vs New Tax Regime: Which's Better?

Old Vs New Tax Regime: Which's Better?

Rediff.com16 Feb 2023

Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.

GST on under-construction flats slashed to 5%

GST on under-construction flats slashed to 5%

Rediff.com24 Feb 2019

The council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent.

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Rediff.com19 Dec 2019

They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.

'New bank licences has put RBI, system in credible light'

'New bank licences has put RBI, system in credible light'

Rediff.com9 Apr 2014

Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.

My action was natural, says BJP MLA who thrashed student

My action was natural, says BJP MLA who thrashed student

Rediff.com16 Feb 2016

Delhi BJP MLA O P Sharma, who is at the centre of a controversy in connection with the violence in Patiala House court complex, on Tuesday claimed that a group of people had hit him and that his action as "natural".

Protests continue in Parliament; Budget passed without discussion

Protests continue in Parliament; Budget passed without discussion

Rediff.com14 Mar 2018

The bills were passed by voice vote.

Stock market open on Budget day but not for MF holders

Stock market open on Budget day but not for MF holders

Rediff.com31 Jan 2020

Mutual funds subscriptions and redemptions will not be permitted on February 1 because all the fund houses in their scheme information documents have declared Saturday and Sunday as "non-business day".

Kashmir: 'An example of Nehru's failed political model'

Kashmir: 'An example of Nehru's failed political model'

Rediff.com21 Aug 2016

A day after Finance Minister Arun Jaitley criticised Nehruvian model of development, saying it had held the country back, Union Minister Jitendra Singh on Sunday termed Jammu and Kashmir a glaring example of the "failure" of Nehru's political model.

Jaya meets PM; doesn't rule out support to govt in RS

Jaya meets PM; doesn't rule out support to govt in RS

Rediff.com3 Jun 2014

Tamil Nadu Chief Minister J Jayalalithaa on Tuesday met Prime Minister Narendra Modi and did not rule out the support of her party All India Anna Dravida Munnetra Kazhagam to his government in the Rajya Sabha where the ruling National Democratic Alliance is in a minority.

Rishi Sunak vs Liz Truss race for British PM ends, results on Monday 6 pm IST

Rishi Sunak vs Liz Truss race for British PM ends, results on Monday 6 pm IST

Rediff.com2 Sep 2022

The race to replace Boris Johnson as the Conservative Party leader and the British prime minister entered the final countdown stage on Friday, when voting officially closes for Tory members to choose between former chancellor Rishi Sunak or Foreign Secretary Liz Truss.

New-look Budget may skip levy on cars, consumer durables...

New-look Budget may skip levy on cars, consumer durables...

Rediff.com2 Dec 2016

Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.

Covid: Parliament adjourned sine die 11 days before schedule

Covid: Parliament adjourned sine die 11 days before schedule

Rediff.com24 Mar 2020

The session, which was earlier scheduled to conclude on April 3, is now likely to be adjourned sine die on March 23, sources said.

BJP MLA attacks JNU student protesting outside Patiala House court

BJP MLA attacks JNU student protesting outside Patiala House court

Rediff.com15 Feb 2016

Violence broke out in Patiala house court complex when groups of lawyers attacked journalists, students and teachers of the JNU.

Kerala: Over 4 lakh still in relief camps; 3 lakh houses cleaned

Kerala: Over 4 lakh still in relief camps; 3 lakh houses cleaned

Rediff.com27 Aug 2018

The CM urged all Malayalis to donate one month salary to rebuild the state, where the death toll has now touched 302.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

How Jaitley made good friends even among opponents

How Jaitley made good friends even among opponents

Rediff.com24 Aug 2019

Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."

Jagdeep Dhankar's Rajya Sabha Challenge

Jagdeep Dhankar's Rajya Sabha Challenge

Rediff.com11 Aug 2022

As vice president and ex-officio chairman of the Rajya Sabha, Jagdeep Dhankar is inheriting a troubled legacy. Although the government faces no real numerical challenges in the Upper House, political and legal challenges are there aplenty.

ASK AJIT: Will these shares make me rich?

ASK AJIT: Will these shares make me rich?

Rediff.com30 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

Finally, Mumbai to get a grand makeover

Finally, Mumbai to get a grand makeover

Rediff.com3 Feb 2015

Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.

Huge difference between pre- and post-2014 India, Modi tells diaspora in Bali

Huge difference between pre- and post-2014 India, Modi tells diaspora in Bali

Rediff.com15 Nov 2022

Prime Minister Narendra Modi on Tuesday asserted that there is a "huge difference" between pre- and post-2014 India, saying the country is now moving ahead at an "unprecedented speed and scale" as he showcased the achievements of his term in power to the Indian diaspora in Indonesia.

Households Happier With Budget Than Markets

Households Happier With Budget Than Markets

Rediff.com18 Feb 2022

Evidently, households see a brighter future after the Budget, reveals Mahesh Vyas.

All eyes on GDP forecast by Economic Survey despite recent misses

All eyes on GDP forecast by Economic Survey despite recent misses

Rediff.com31 Jan 2022

The pre-budget Economic Survey, which is tabled in Parliament ahead of the Union Budget to present the state of the economy and suggest policy prescriptions, quite often misses on the GDP forecast, sometimes by a significant margin. This time, Finance Minister Nirmala Sitharaman will table the Economic Survey for 2021-22 in the Lok Sabha on Monday soon after the President's address to both Houses of Parliament. She will present the Union Budget for the next financial year beginning April 1, 2022, on Tuesday.

Sitharaman bets big on infra spending to take highway to growth

Sitharaman bets big on infra spending to take highway to growth

Rediff.com1 Feb 2022

While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.

Few expectations of the 'aam aadmi' from Union Budget 2015

Few expectations of the 'aam aadmi' from Union Budget 2015

Rediff.com25 Feb 2015

Common people expect the government to be aggressive and opt for growth related measures in the upcoming Budget.

Youngest Rajapaksa brother stopped from boarding flight to Dubai

Youngest Rajapaksa brother stopped from boarding flight to Dubai

Rediff.com12 Jul 2022

Sri Lanka's former finance minister Basil Rajapaksa, who is the youngest brother of President Gotabaya Rajapaksa, was stopped from boarding a flight to Dubai on Monday evening, local media reported.

Kalyan Singh cremated, top leaders attend funeral

Kalyan Singh cremated, top leaders attend funeral

Rediff.com23 Aug 2021

The two-time CM, who had also been the Rajasthan Governor, died at a Lucknow hospital on Saturday after prolonged illness.

Centre to waive interest on loans up to Rs 2 crore

Centre to waive interest on loans up to Rs 2 crore

Rediff.com3 Oct 2020

In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.

UPSC takes 31 pvt sector experts as jt secretaries

UPSC takes 31 pvt sector experts as jt secretaries

Rediff.com8 Oct 2021

Minister of state for personnel Jitendra Singh said it is a major step to place the right talent for the right role.

After NDA's show of strength, Amit Shah files nomination from Gandhinagar

After NDA's show of strength, Amit Shah files nomination from Gandhinagar

Rediff.com30 Mar 2019

A galaxy of top leaders, including Union ministers Rajnath Singh and Nitin Gadkari and leaders of BJP's allies such as Shiv Sena chief Uddhav Thackeray, Shiromani Akali Dal supremo Parkash Singh Badal and Lok Janshakti Party founder Ram Vilas Paswan were present with Shah.

'Don't underestimate efforts of jawans in Uttarakhand'

'Don't underestimate efforts of jawans in Uttarakhand'

Rediff.com24 Jun 2013

Rejecting criticism of tardy relief operations in flood-ravaged Uttarakhand, Union Finance Minister P Chidambaram has said government was making all efforts and complimented armed forces personnel for their untiring efforts in rescuing the stranded people.

Anurag Thakur's remark on Mahatma kicks up row in RS

Anurag Thakur's remark on Mahatma kicks up row in RS

Rediff.com11 Feb 2021

Noting that the nation got freedom from the British through 'andolans' (protests), he said by that logic Mahatma Gandhi should have been the biggest 'andolanjivi'.

Marked by some historic events, Budget Session of Parliament comes to a close

Marked by some historic events, Budget Session of Parliament comes to a close

Rediff.com12 Apr 2017

The Rajya Sabha approved 15 legislations during the session while the Lok Sabha passed 23 bills, including the GST bills.

Ministries to get the same budget funds as last year

Ministries to get the same budget funds as last year

Rediff.com18 Jan 2021

The government, it would seem, is reserving its firepower to spend on big-ticket items that will be announced in the Budget, reports Subhomoy Bhattacharjee.

Why banks are hesitant to lend more to real estate sector

Why banks are hesitant to lend more to real estate sector

Rediff.com25 Feb 2019

Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.

Cong resists move to present U'khand budget bill in RS

Cong resists move to present U'khand budget bill in RS

Rediff.com10 May 2016

Congress members also vociferously pressed for a discussion on the Comptroller and Auditor General report.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.