News for 'House and Union Finance'

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.

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.

'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.'

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'.

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.'

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.

CBI arrests Karti Chidambaram

CBI arrests Karti Chidambaram

Rediff.com28 Feb 2018

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

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.

'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.'

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).

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.

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.

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.

'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.'

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.

Bihar got only fraction of Rs 1.25 lakh cr package promised by PM

Bihar got only fraction of Rs 1.25 lakh cr package promised by PM

Rediff.com16 Mar 2017

Rs 28,117.23 crore has been made available so far by the Centre for 30 schemes out of special package of Rs 1.25 lakh crore for the state announced by Prime Minister Narendra Modi.

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.

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.

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.

Congress forces RS adjournment over Uttarakhand

Congress forces RS adjournment over Uttarakhand

Rediff.com26 Apr 2016

Congress members trooped into the Well of the House, raising slogans against the government and Prime Minister Narendra Modi after Leader of the House and Union Finance Minister Arun Jaitley said no discussion other than on proclamation of President's Rule in Uttarakhand can take place.

'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.'

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.

Sidhu's TV trouble: Amarinder says may change portfolio

Sidhu's TV trouble: Amarinder says may change portfolio

Rediff.com22 Mar 2017

Sidhu asserted that he will continue to appear on The Kapil Sharma Show.

What surprises will PM spring this week?

What surprises will PM spring this week?

Rediff.com26 Dec 2016

From note ban result to Delhi's next L-G, a few things to look forward to.

Mahindra scouts for foreign partner to grow MF business

Mahindra scouts for foreign partner to grow MF business

Rediff.com27 Sep 2018

Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore

From Hashmi to Puranaanuru, Sitharaman waxes poetic

From Hashmi to Puranaanuru, Sitharaman waxes poetic

Rediff.com5 Jul 2019

While speaking of taxation, Sitharaman also quoted Sangam era Tamil classic's Yaanai Pugundha Nilam written by Pisirandhayar in Purananooru.

'Tell me your criticism': Modi hosts open house sessions with BJP MPs

'Tell me your criticism': Modi hosts open house sessions with BJP MPs

Rediff.com3 Aug 2016

Prime Minister Narendra Modi has started holding interactive sessions with his party MPs at which he wants them to open up. R Rajagopalan/Rediff.com reports on an unusual political exercise.

Indian Chamber of Commerce seeks lowering corporate tax to 25%

Indian Chamber of Commerce seeks lowering corporate tax to 25%

Rediff.com7 Jul 2014

It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.

Arun Jaitley takes oath for new Rajya Sabha term

Arun Jaitley takes oath for new Rajya Sabha term

Rediff.com15 Apr 2018

The finance minister could not take the oath earlier in Parliament due to his ill-health.

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.

Govt unleashes bold reforms; opens coal, mineral mining

Govt unleashes bold reforms; opens coal, mineral mining

Rediff.com16 May 2020

In her fourth tranche of the economic package, she said commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.

Chidambaram, BJP spar over his Article 370 comment

Chidambaram, BJP spar over his Article 370 comment

Rediff.com12 Aug 2019

The former union home and finance minister also alleged that the BJP-led National Democratic Alliance government would not have taken the bold decision had Jammu and Kashmir been a "Hindu-dominated" state.

Chidambaram sent to Tihar jail for 2 weeks in INX Media case

Chidambaram sent to Tihar jail for 2 weeks in INX Media case

Rediff.com5 Sep 2019

Chidambaram, who was accompanied by police personnel in the police bus, was put in a special cell in the Asia's biggest prison complex as per the orders of the CBI court.

Modi's ministers didn't mind Pranab scolding them

Modi's ministers didn't mind Pranab scolding them

Rediff.com21 Jul 2017

The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.

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.

Govt to infuse Rs 55,250 cr for strengthening banks

Govt to infuse Rs 55,250 cr for strengthening banks

Rediff.com30 Aug 2019

The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.

'$1.37bn pumped into real estate in smaller cities in 2015-18'

'$1.37bn pumped into real estate in smaller cities in 2015-18'

Rediff.com9 Aug 2019

'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.

Why is govt borrowing from the market?

Why is govt borrowing from the market?

Rediff.com24 Feb 2021

To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.

Pressure on Azam Khan to apologise for sexist remarks

Pressure on Azam Khan to apologise for sexist remarks

Rediff.com26 Jul 2019

Speaker Om Birla he will hold a meeting with leaders of all parties and then take a decision.

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.