News for 'House and Union Finance'

Chat: How will the Budget impact taxpayers?

Chat: How will the Budget impact taxpayers?

Rediff.com1 Mar 2016

Finance Minister Arun Jaitley on Monday did not change tax slabs but offered a relief of Rs 3,000 to the salaried with income below Rs 5 lakh per year.

On the road with the Chidambarams

On the road with the Chidambarams

Rediff.com28 Mar 2014

During campaigning, P Chidambaram has been addressing villagers, explaining his efforts to improve life in the constituency and blaming the state government for not supporting him. He has also been introducing his son in the 10 villages across 250 km.

Goyal mimes, Athawale struggles, Rahul gets serious

Goyal mimes, Athawale struggles, Rahul gets serious

Rediff.com2 Feb 2017

The finance minister's Budget presentation is a sombre affair, yes, but it wasn't as if the Lok Sabha was all serious through the speech.

NBFCs: Budget fulfills long standing demand

NBFCs: Budget fulfills long standing demand

Rediff.com2 Mar 2016

The Union Budget 2016-17 has cheered the NBFC sector

PM announces 21-day nationwide lockdown from midnight

PM announces 21-day nationwide lockdown from midnight

Rediff.com25 Mar 2020

In his second national broadcast in a week on the pandemic raging across much of the world with the number of infections rising in India, Modi made a fervent appeal to the countrymen not to cross the 'lakshman rekha' of their homes in the next three weeks.

Can Gujarat's GIFT city be Asia's next financial hub?

Can Gujarat's GIFT city be Asia's next financial hub?

Rediff.com5 Aug 2020

'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'

Mr PM, the Bangladeshi taka is doing better than the rupee!

Mr PM, the Bangladeshi taka is doing better than the rupee!

Rediff.com6 Sep 2013

Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.

Chidambaram sent to 4-day CBI custody till Aug 26

Chidambaram sent to 4-day CBI custody till Aug 26

Rediff.com23 Aug 2019

"Considering the facts and circumstances, I am of the view that police custody is justified," the judge said.

Valuation, low payout hit reverse mortgage

Valuation, low payout hit reverse mortgage

Rediff.com22 May 2008

In the last couple of years, reverse mortgage (RM) has been touted aggressively as a product that will allow the elderly to unlock the value of their house. In fact, in the last two Union Budgets, the finance minister has made a special mention about it.

Jayalalithaa is ignorant: Chidambaram

Jayalalithaa is ignorant: Chidambaram

Rediff.com22 Mar 2014

In a blistering counter attack against Tamil Nadu Chief Minister J Jayalalithaa a day after she questioned his victory in last polls and slammed his economic policies, Union Finance Minister P Chidambaram on Saturday accused her of making 'sweeping charges' ignorant of cases pending against herself.

'Sometimes in politics, there is a need to take two steps back to forge ahead'

'Sometimes in politics, there is a need to take two steps back to forge ahead'

Rediff.com20 Jul 2021

'There is a need for the Congress to introspect.' 'Introspection means to find out where we have gone wrong in the last eight-ten years, how we have gone wrong, where we have failed to succeed.'

Shah confirms pan-India NRC; not in WB, says Mamata

Shah confirms pan-India NRC; not in WB, says Mamata

Rediff.com20 Nov 2019

"The process of NRC will be carried out across the country. No one irrespective of their religion should be worried. It is just a process to get everyone under the NRC," the Union home minister said replying to a supplementary during Question Hour in the Upper House.

Tax sops for small I-T payers, hike in super-rich surcharge

Tax sops for small I-T payers, hike in super-rich surcharge

Rediff.com29 Feb 2016

The Budget has levied a pollution cess on petrol, diesel cars and SUVs and offered a one-time compliance window for domestic black money holders slapping a tax and penalty of 45 per cent.

Smart City project & key schemes set for launch next month

Smart City project & key schemes set for launch next month

Rediff.com29 May 2015

Smart city projects to be launched in June, other housing schemes to follow.

Maharashtra govt under strain as pressure builds

Maharashtra govt under strain as pressure builds

Rediff.com19 Apr 2021

The Uddhav Thackeray-led regime is performing a veritable balancing act. The lack of coordinated strategies, the weakening authority of the leadership, growing disgruntlement among its constituents, the inability to set a narrative, and poor damage control mechanisms have seen it lurch from one crisis to another, reports Dhaval Kulkarni

In Haryana, Khattar's problems stretch beyond farmers' protest

In Haryana, Khattar's problems stretch beyond farmers' protest

Rediff.com2 Aug 2021

Apart from the second pandemic upsurge in Haryana which devastated its cities and villages, in most districts panchayats stopped inviting BJP-JJP leaders to social gatherings, while a few announced a boycott.

Economic crisis: 'Modi should consult Manmohan'

Economic crisis: 'Modi should consult Manmohan'

Rediff.com25 Sep 2019

'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'

Pranab cremated with full state honours in shadow of pandemic

Pranab cremated with full state honours in shadow of pandemic

Rediff.com1 Sep 2020

Mukherjee's family and relatives paid their last respects clad in PPE kits while conforming to COVID-19 safeguards.

Dalit bomb blows up BJP's election strategy

Dalit bomb blows up BJP's election strategy

Rediff.com21 Jul 2016

Series of controversies related to Dalit issues have come at a time when the BJP has launched a massive campaign to win back Uttar Pradesh.

Full Text: What Prez Obama said at the State of the Union Address

Full Text: What Prez Obama said at the State of the Union Address

Rediff.com29 Jan 2014

Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.

Why this Businessman Quit Kerala

Why this Businessman Quit Kerala

Rediff.com26 Jul 2021

Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?

Naidu as VP nominee balances north-south politics of NDA

Naidu as VP nominee balances north-south politics of NDA

Rediff.com18 Jul 2017

He has served BJP in several capacities, will also be a saviour for the NDA in the Rajya Sabha, where they are still in minority.

So what's keeping Modi's junior ministers busy?

So what's keeping Modi's junior ministers busy?

Rediff.com11 Feb 2015

Empowered in the Modi government, junior ministers have enough on their plate.

How will Modi deal with 'Dravidian' Stalin?

How will Modi deal with 'Dravidian' Stalin?

Rediff.com16 Jun 2021

Indications are that Modi will have words of encouragement for Stalin, and the meeting is likely to be much less acrimonious than critics of either would want it to be. notes N Sathiya Moorthy.

6 key changes in tax rules and their impact

6 key changes in tax rules and their impact

Rediff.com6 Jul 2019

Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.

RSS arm says divestment of Air India, BPCL was 'uncalled for'

RSS arm says divestment of Air India, BPCL was 'uncalled for'

Rediff.com2 Dec 2019

In a resolution passed at its national assembly in Haridwar, the SJM said the Modi government's proposed strategic divestment of PSEs was an "imprudent business decision" and "against national interest".

INX Media: Delhi court summons Chidambaram, son Karti

INX Media: Delhi court summons Chidambaram, son Karti

Rediff.com25 Mar 2021

A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.

Ajay Piramal bets highly on infrastructure, realty

Ajay Piramal bets highly on infrastructure, realty

Rediff.com22 Oct 2015

Ajay Piramal bets highly on infrastructure, realty

Loan moratorium: SC ruling clears overhang for banks

Loan moratorium: SC ruling clears overhang for banks

Rediff.com24 Mar 2021

Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs.

Budget: Here's what the common man wants

Budget: Here's what the common man wants

Rediff.com9 Feb 2011

The Budget refers to the 'Annual Financial Statement', laid before both the Houses of Parliament (Lok Sabha and Rajya Sabha).

The Marie Antoinette of Indian politics

The Marie Antoinette of Indian politics

Rediff.com6 Jun 2020

'Everybody knows that any solution would upstage and expose official bungling.' 'That is something Mrs Sitharaman's masters will not allow.' 'No matter how high the cost in human misery, they will squander a fortune on the unnecessary Central Vista extravaganza,' notes Sunanda K Datta-Ray.

GST woes: How Surat's powerloom industry is dying a slow death

GST woes: How Surat's powerloom industry is dying a slow death

Rediff.com21 Jul 2017

Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji.

Arun Jaitley, BJP's man for all seasons, passes away

Arun Jaitley, BJP's man for all seasons, passes away

Rediff.com24 Aug 2019

Jaitley will be cremated on Sunday afternoon at the Nigambodh Ghat, BJP leader Sudhanshu Mittal said.

GoM on caste-based census to meet on Thursday

GoM on caste-based census to meet on Thursday

Rediff.com29 Jun 2010

The first meeting of the Group of Ministers on inclusion of caste categories in the census is likely to be held on July 1.

Mumbai: Relief for commuters as longest-ever BEST bus strike ends

Mumbai: Relief for commuters as longest-ever BEST bus strike ends

Rediff.com17 Jan 2019

The workers' union has accepted the '10-step' pay hike to be granted to them by way of an interim measure by the civic transport undertaking's management.

'Hindu Rashtra won't keep India together'

'Hindu Rashtra won't keep India together'

Rediff.com26 Aug 2021

'Non-separation of religion from politics is India's most daunting challenge'

Budget: Anil Ambani, Birla keen to set up banks

Budget: Anil Ambani, Birla keen to set up banks

Rediff.com2 Feb 2011

India is considering allowing new private sector banks, including by industrial houses, and a roadmap for the same could be announced in the annual Union Budget to be presented later this month.

Budget could permit new private banks

Budget could permit new private banks

Rediff.com2 Feb 2011

India is considering allowing new private sector banks, including by industrial houses, and a roadmap for the same could be announced in the annual Union Budget to be presented later this month.

Budget: Is the old tax regime good for you?

Budget: Is the old tax regime good for you?

Rediff.com5 Feb 2020

In an online chat with Rediff.com readers, personal finance expert Anil Rego answered queries about the new tax regime announced in the Union Budget.

The unholy nexus between politics and business

The unholy nexus between politics and business

Rediff.com27 Jun 2016

The recent revelations come six years after another round of tapes stole the limelight.