News for 'House and Union Finance'

AIIMS fire: Hospital functional, patients shifted back to wards

AIIMS fire: Hospital functional, patients shifted back to wards

Rediff.com18 Aug 2019

The AIIMS administration has initiated an internal inquiry to look into the cause of the fire and further strengthen preventive measure.

Opposition protests on snooping, other issues rock Rajya Sabha

Opposition protests on snooping, other issues rock Rajya Sabha

Rediff.com26 Jul 2021

Proceedings in Rajya Sabha were repeatedly disrupted on Monday before being called off for the day as opposition members protested on the alleged phone-tapping and other issues and demanded discussions on them in the House.

'His eyes reach every person in the state'

'His eyes reach every person in the state'

Rediff.com25 Mar 2021

'If Pinarayi Vijayan gets another term, Kerala will be a state where everybody has a house.'

How MPs guarded Chidambaram during his budget speech

How MPs guarded Chidambaram during his budget speech

Rediff.com17 Feb 2014

Sheela Bhatt recounts the tension, suspense and disruptions during P Chidambaram's interim budget in the Lok Sabha on Monday.

Nitish, Lalu, Sushil: Bihar's Complex Triangle

Nitish, Lalu, Sushil: Bihar's Complex Triangle

Rediff.com3 Sep 2022

Today, a friendship forged by common ideals behind prison walls has become a transactional understanding, notes Aditi Phadnis.

Corporate-run banks: Will depositors benefit?

Corporate-run banks: Will depositors benefit?

Rediff.com2 Dec 2020

The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.

Chidambaram rejecting wage hike demand 'unfortunate': AIBEA

Chidambaram rejecting wage hike demand 'unfortunate': AIBEA

Rediff.com11 Feb 2014

Bank employees body AIBEA, which is a major constituent of the United Forum of Bank Employees' Association that has called a nationwide strike, on Tuesday said Finance Minister P Chidambaram rejecting wage demands of bank employees is "unfortunate" and the strike was forced on them.

BJP hails Budget as 'Aatmanirbhar' push; Oppn says 'let-down like never before'

BJP hails Budget as 'Aatmanirbhar' push; Oppn says 'let-down like never before'

Rediff.com1 Feb 2021

The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.

Parliament disrupted over snooping law, Rafale row

Parliament disrupted over snooping law, Rafale row

Rediff.com21 Dec 2018

The two Houses would now meet on December 27 as there would be no sitting on December 24 and December 26 in view of Christmas.

BJP hails budget; old wine in new bottle, says Cong

BJP hails budget; old wine in new bottle, says Cong

Rediff.com5 Jul 2019

In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.

SC directs Karti Chidambaram to appear before CBI on Aug 23

SC directs Karti Chidambaram to appear before CBI on Aug 23

Rediff.com18 Aug 2017

A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud allowed Karti to be accompanied by a lawyer at the CBI headquarters during the questioning.

ED attaches Karti's assets worth Rs 54 crore in India, UK, Spain

ED attaches Karti's assets worth Rs 54 crore in India, UK, Spain

Rediff.com11 Oct 2018

The central probe agency issued a provisional order under the Prevention of Money Laundering Act for attachment of Indian assets in Kodaikanal and Ooty in Tamil Nadu and a flat in Delhi's Jorbagh. A cottage and house in Somerset in the UK and a tennis club located in Barcelona, Spain have also been attached as part of the same order, the agency said.

Fallout of PNB buying Audis for top bosses

Fallout of PNB buying Audis for top bosses

Rediff.com18 Jun 2020

The Centre has advised banks to make a 20 per cent reduction in expenditure related to non-core business activities, along with deferring "avoidable expenditure" on "purchase of staff cars", "refurbishment of guest houses" and on the interior decoration of administrative and back offices.

Jaitley undergoes surgery in US, advised 2-week rest

Jaitley undergoes surgery in US, advised 2-week rest

Rediff.com23 Jan 2019

Jaitley is now a minister without portfolio in the Narendra Modi government.

Households must prepare for hefty rise in LPG prices

Households must prepare for hefty rise in LPG prices

Rediff.com22 Feb 2022

Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.

Armed with populist Budget, govt stares at restricted fiscal room

Armed with populist Budget, govt stares at restricted fiscal room

Rediff.com24 Jan 2017

Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.

Exclusive Jaitley's wife: 'Don't expect miracles from the Budget'

Exclusive Jaitley's wife: 'Don't expect miracles from the Budget'

Rediff.com9 Jul 2014

"In view of our economic condition, I expect bitter-sweet Budget. I think the Budget will be good for the country. It can be bitter but may be sweet, too," says Dolly Jaitley.

Government mulls presenting Budget by Jan-end

Government mulls presenting Budget by Jan-end

Rediff.com22 Aug 2016

Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure

India's Approaching Democratic Crisis

India's Approaching Democratic Crisis

Rediff.com22 Nov 2021

India will either have to create a system in which certain geographical areas will wind up being permanent political outsiders at the Union level or it will have to create a system in which certain votes are weighted more heavily than others, observes Mihir S Sharma.

When Modi thumped the desk once too often

When Modi thumped the desk once too often

Rediff.com1 Feb 2018

The prime minister was often seen vigorously thumping the desk, prompting his Cabinet colleagues and NDA MPs to follow suit.

'DDCA scam': Delhi government appoints inquiry commission

'DDCA scam': Delhi government appoints inquiry commission

Rediff.com21 Dec 2015

The one-member commission of inquiry under former solicitor general Gopal Subramanium will probe the alleged irregularities in DDCA.

DDCA row: Arun Jaitley to sue Arvind Kejriwal, 5 other AAP leaders

DDCA row: Arun Jaitley to sue Arvind Kejriwal, 5 other AAP leaders

Rediff.com20 Dec 2015

Hitting back at Delhi Chief Minister Arvind Kejriwal for making "false and defamatory" statements against him, Union Finance Minister Arun Jaitley is slapping criminal and civil defamation cases against him and five other AAP leaders in Delhi courts on Monday.

PM to lead International Yoga day celebration at Ranchi

PM to lead International Yoga day celebration at Ranchi

Rediff.com20 Jun 2019

The Delhi Police has asked commuters to avoid Rajpath and its connecting roads on Friday morning as nearly 30,000 people are expected to throng the Red Fort on the occasion of International Day of Yoga, traffic officials said.

Time to END Bank Nationalisation

Time to END Bank Nationalisation

Rediff.com30 Jul 2021

Nationalisation has served its purpose. It's time to move ahead, keeping majority ownership of the government in a few banks to serve the people, argues Tamal Bandyopadhyay.

Triple talaq bill stalled in RS as govt, Oppn lock horns

Triple talaq bill stalled in RS as govt, Oppn lock horns

Rediff.com31 Dec 2018

Amid a stalemate between the government and the Opposition over the issue, the House failed to transact any significant business and was adjourned for the day.

Did the FM even read Economic Survey, asks Chidambaram

Did the FM even read Economic Survey, asks Chidambaram

Rediff.com1 Feb 2020

Slamming the Budget, senior Congress leader P Chidambaram on Saturday said the Modi government was in complete denial that the economy faces a "grave macro economic challenge" and it has given up on reviving the economy, accelerating growth or creating jobs. There is nothing in the Budget that leads one to believe that growth will revive in 2020-21 and the claim of 6 to 6.5 per cent growth next year is "astonishing and even irresponsible", the former finance minister said at a press conference.

Nationwide strike hits banking services of PSBs on Day 1

Nationwide strike hits banking services of PSBs on Day 1

Rediff.com15 Mar 2021

Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.

Impeachment notice a 'revenge petition': Jaitley

Impeachment notice a 'revenge petition': Jaitley

Rediff.com20 Apr 2018

While Jaitley posted his hard-hitting response to the opposition's move in Facebook, BJP fielded its spokesperson Meenakshi Lekhi, who is also a lawyer, to take on the Congress.

Rahul, Mamata engage in war of words over Saradha scam

Rahul, Mamata engage in war of words over Saradha scam

Rediff.com19 Apr 2014

Barbs were on Saturday traded between Rahul Gandhi and Mamata Banerjee over the Saradha scam in West Bengal which defrauded lakhs, with the Congress vice-president accusing her government of inaction and the chief minister targeting P Chidamabaram.

Star-studded economic panel marks Stalin's break with past

Star-studded economic panel marks Stalin's break with past

Rediff.com22 Jun 2021

Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.

India needs to spend $1.4 trillion on infra to become $5 trillion economy

India needs to spend $1.4 trillion on infra to become $5 trillion economy

Rediff.com31 Jan 2020

Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.

'Goli maarna band karo': Cong reacts to Thakur in LS

'Goli maarna band karo': Cong reacts to Thakur in LS

Rediff.com3 Feb 2020

Belligerent Congress members, who were in the Well, shouted slogans against the minister and asked 'Aapka goli kaha hai (where is your bullet?)', an apparent reference to the minister's controversial remarks. Some members also shouted 'Goli maarna band karo (Stop shooting)'. Whenever Thakur was responding to supplementaries during the Question Hour, the members began sloganeering against him.

The Congress house is on fire... and it's spreading

The Congress house is on fire... and it's spreading

Rediff.com3 Feb 2015

The number of disgruntled leaders in the party is swelling.

Fadnavis files nomination for Maharashtra polls

Fadnavis files nomination for Maharashtra polls

Rediff.com4 Oct 2019

Fadnavis, the first Bharatiya Janata Party chief minister of the state, filed his papers from the Nagpur South-West constituency.

Karunanidhi saw the 2G episode -- from the leak of the CAG report to the weak defence put forth by Congress leaders -- as politically motivated

Karunanidhi saw the 2G episode -- from the leak of the CAG report to the weak defence put forth by Congress leaders -- as politically motivated

Rediff.com9 Apr 2021

Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.

'The sooner we junk the rhetoric of freebies, the better'

'The sooner we junk the rhetoric of freebies, the better'

Rediff.com1 Sep 2022

'Welfare schemes are not a necessary evil, they are a necessary good.'

A Messiah For Humanity Passes Into The Ages

A Messiah For Humanity Passes Into The Ages

Rediff.com31 Jan 2022

Where does one find a man who shows no bitterness or animosity towards Hindus, even after a frenzied Hindu mob burnt his house down?, Jyoti Punwani asks in this tribute to a truly extraordinary Indian.

Jaitley suffering from kidney ailment, may undergo transplant

Jaitley suffering from kidney ailment, may undergo transplant

Rediff.com6 Apr 2018

'I am being treated for kidney related problems and certain infections that I have contracted,' he said in a tweet.

Surcharge on income of super-rich hiked to 15%

Surcharge on income of super-rich hiked to 15%

Rediff.com29 Feb 2016

The Finance Minister, however, left the current income tax slabs unchanged.

Why was Dinesh Trivedi 'allowed' to speak? Trinamool questions RS chair

Why was Dinesh Trivedi 'allowed' to speak? Trinamool questions RS chair

Rediff.com14 Feb 2021

The Trinamool Congress (TMC) on Sunday alleged that Dinesh Trivedi, who resigned from the Rajya Sabha on Friday, took the 'House for a ride' and was 'allowed' to use the floor of the House for his 'devious political ends'.