News for 'House and Union Finance'

Pakistan unlikely to exit FATF's grey list: Report

Pakistan unlikely to exit FATF's grey list: Report

Rediff.com21 Oct 2020

The Paris-based global watchdog for curbing terror financing and money laundering will hold its virtual plenary session from October 21 to 23. It will review Pakistan's progress on the 27-point action plan.

How the Companies Act is likely to change

How the Companies Act is likely to change

Rediff.com19 Nov 2019

The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.

'Jaitley is lying about labour reforms'

'Jaitley is lying about labour reforms'

Rediff.com31 Aug 2016

'You cannot treat workers like beggars.'

Bid to distort history: Chidambaram on Modi's Nehru remark

Bid to distort history: Chidambaram on Modi's Nehru remark

Rediff.com11 Feb 2022

In an interview with PTI, Chidambaram also stressed that no Congress MLA elected in the upcoming assembly polls can be poached by the Bharatiya Janata Party in Goa this time, saying 'our house is well-guarded' and though the 'thief' is still out there, the people 'will teach him a lesson'.

Delhi riots rock LS again, to be discussed after Holi

Delhi riots rock LS again, to be discussed after Holi

Rediff.com3 Mar 2020

Amid the din in which BJP and Congress members tried to shove each other and some members banged the door leading to the secretary general's desk, Birla adjourned the House for the day.

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

Should you accumulate this stock for 15-20 years?

Should you accumulate this stock for 15-20 years?

Rediff.com4 Dec 2020

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

CJI impeachment: Jaitley says Cong's plan to move SC is 'suicidal'

CJI impeachment: Jaitley says Cong's plan to move SC is 'suicidal'

Rediff.com24 Apr 2018

He said the Congress party is capable of dragging the judges into an unsavoury controversy and make them controversial 'should their judicial opinion not appear favourable in the cases in which the party has an interest'.

Cong calls for another meet, invites Pilot as crisis worsens

Cong calls for another meet, invites Pilot as crisis worsens

Rediff.com13 Jul 2020

The current crisis began Friday night when the Rajasthan Police sent a notice to Pilot, asking him to record his statement over an alleged attempt to bring down the government.

Indian economy witnessing strong recovery: Sitharaman

Indian economy witnessing strong recovery: Sitharaman

Rediff.com12 Nov 2020

Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Addressing a press conference to announce more stimulus measures to boost growth, she said macro-economic indicators are pointing towards recovery. She noted that COVID-19 active cases have declined from over 10 lakh to 4.89 lakh with case fatality rate (CFR) at 1.47 per cent.

Heritage buildings won't be demolished under Central vista: Govt

Heritage buildings won't be demolished under Central vista: Govt

Rediff.com31 May 2021

While the main building of the National Archives will remain intact, its annexe will be demolished and a new building will be constructed, officials said.

'Not too many surprises, not too many gimmicks, and welcome consistency'

'Not too many surprises, not too many gimmicks, and welcome consistency'

Rediff.com2 Feb 2022

'The term 'pro-growth' must be qualified somewhat because, while a rising tide will lift all boats, it will not necessarily do so equally.'

No tax relief for these home buyers

No tax relief for these home buyers

Rediff.com3 Feb 2020

There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.

Karti confronted with Indrani at Mumbai prison

Karti confronted with Indrani at Mumbai prison

Rediff.com4 Mar 2018

Karti and Mukerjea were brought face-to-face and questioned by the CBI team for about four hours.

5 proposals govt will discuss with RBI on November 19

5 proposals govt will discuss with RBI on November 19

Rediff.com12 Nov 2018

There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.

The faces from Gujarat in new Modi Cabinet

The faces from Gujarat in new Modi Cabinet

Rediff.com7 Jul 2021

Influential Patel community leader Parshottam Rupala, minister in the first Narendra Modi government Mansukh Mandaviya and three-time MP Darshana Jardosh, all from Gujarat, were among those inducted in the Union cabinet on Wednesday.

REWIND: Events that shaped India in the past week

REWIND: Events that shaped India in the past week

Rediff.com15 Dec 2016

We bring you some of the best pictures from across the nation in the last one week.

Twice suspended, Mumbai cop Waze now dismissed from service

Twice suspended, Mumbai cop Waze now dismissed from service

Rediff.com11 May 2021

A 1990-batch officer of the Maharashtra cadre, Waze, also known as an "encounter cop", was earlier suspended after his arrest by the National Investigation Agency in the SUV-cum-murder case on March 13.

Mid-, small-cap stocks on a roll but experts see bubble ahead

Mid-, small-cap stocks on a roll but experts see bubble ahead

Rediff.com23 Aug 2016

market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Rediff.com25 Nov 2020

The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).

Additional tax deduction of Rs 1.5 L on interest on home loans

Additional tax deduction of Rs 1.5 L on interest on home loans

Rediff.com5 Jul 2019

Finance Minister Nirmala Sitharaman on Friday said the government is proposing additional tax deduction of Rs 1.5 lakh on interest paid on home loans taken up to March 2020 for purchase of house up to Rs 45 lakh.

Never met Peter or Indrani Mukerjea, says Karti

Never met Peter or Indrani Mukerjea, says Karti

Rediff.com22 Aug 2019

On the arrest of P Chidambaram, Karti said, "This is like a staged reality show to have all these dramatic visuals on television. There is no reason for this kind of drama... It's not done in an honest investigation.

Cong, govt spar in LS over donations to PM Cares Fund

Cong, govt spar in LS over donations to PM Cares Fund

Rediff.com15 Mar 2021

The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund was established in March last year with the primary objective to deal with any kind of emergency situation like the one currently posed by the COVID-19 outbreak and provide relief to those affected.

Jaitley's Budget strains BJP ties with allies

Jaitley's Budget strains BJP ties with allies

Rediff.com3 Feb 2018

The BJP leadership believes these parties are flexing their muscles in the run-up to the Lok Sabha polls for better seat-sharing deals.

How to revive the real estate sector

How to revive the real estate sector

Rediff.com22 Nov 2019

'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.

Is Pawar, not Uddhav, Running Maharashtra?

Is Pawar, not Uddhav, Running Maharashtra?

Rediff.com9 May 2022

The perception is rapidly gaining ground that though the chief minister is from the Shiv Sena, the government is being run by the NCP.

Puri film toh abhi baaki hai: PM on his govt's 100 days

Puri film toh abhi baaki hai: PM on his govt's 100 days

Rediff.com12 Sep 2019

'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'

Protests in LS over Anurag Thakur's Nehru-Gandhi remarks

Protests in LS over Anurag Thakur's Nehru-Gandhi remarks

Rediff.com18 Sep 2020

The ruckus began during the procedure for the introduction of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020.

'No precedent to postpone Budget'

'No precedent to postpone Budget'

Rediff.com1 Feb 2017

'After the presentation of the Budget, the House will be adjourned.'

Modi's quota: Utmost secrecy, precise execution

Modi's quota: Utmost secrecy, precise execution

Rediff.com10 Jan 2019

Thus it was that for the first time in the history of the republic a constitutional amendment was announced and passed by Parliament within 72 hours, reports R Rajagopalan.

Passing of GST now only a matter of time?

Passing of GST now only a matter of time?

Rediff.com15 Jun 2016

According to the draft, in the northeastern states the threshold is at Rs 500,000.

US, allies cut off Russian banks from SWIFT

US, allies cut off Russian banks from SWIFT

Rediff.com27 Feb 2022

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Rediff.com27 Sep 2020

During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.

Yes Bank founder Rana Kapoor's ED custody extended till Mar 16

Yes Bank founder Rana Kapoor's ED custody extended till Mar 16

Rediff.com11 Mar 2020

The ED said that the investigation further revealed that there are 78 companies owned by the accused and his family members and it needed to probe whether the money went into these companies.

CBI arrests Karti Chidambaram

CBI arrests Karti Chidambaram

Rediff.com28 Feb 2018

The former finance minister's only child was arrested at Chennai airport.

RS okays 74% FDI in insurance; majority of directors to be Indians, says FM

RS okays 74% FDI in insurance; majority of directors to be Indians, says FM

Rediff.com18 Mar 2021

The Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent, with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.

'Very challenging for govt to earn more income'

'Very challenging for govt to earn more income'

Rediff.com4 Jul 2019

'The government's projections for 2019-2020 will be disappointing big time.'

A long legal battle awaits Chidambarams

A long legal battle awaits Chidambarams

Rediff.com1 Mar 2018

The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.

U'khand crisis: HC orders floor test in assembly on March 31

U'khand crisis: HC orders floor test in assembly on March 31

Rediff.com29 Mar 2016

The Uttarakhand high court on Tuesday ordered a floor test in the assembly on March 31, giving a new turn to the political events in the state where President's Rule was imposed on Sunday.

Ask Ajit: 'Sold shares in panic. What to do now?'

Ask Ajit: 'Sold shares in panic. What to do now?'

Rediff.com1 Jun 2021

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