News for 'Ministry of Finance'

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

Rediff.com1 Feb 2026

The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.

Stormy first part of Budget Session ends

Stormy first part of Budget Session ends

Rediff.com13 Feb 2026

The first leg of the Budget session concluded with debates over the India-US trade deal and a former army chief's memoir, and will reassemble on March 9.

Budget 2026 boosts healthcare spend, drugs relief

Budget 2026 boosts healthcare spend, drugs relief

Rediff.com1 Feb 2026

The government on Sunday gave a strong push to upgradation and expansion of healthcare infrastructure, medical education and pharma sector with the Union Budget 2026-27 announcing a slew of steps, including those aimed at making India a global hub for allied healthcare professionals and biopharma manufacturing.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Nirmala Sitharaman: 'Focus Of Budget Was To Keep Stable Growth Going'

Nirmala Sitharaman: 'Focus Of Budget Was To Keep Stable Growth Going'

Rediff.com6 Feb 2026

'We kept this Budget on a larger plank, rather than on one incident, however serious.'

Why Budget 2026 Deserves 8.5/10

Why Budget 2026 Deserves 8.5/10

Rediff.com2 Feb 2026

This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.

Tenure of 16th Finance Commission extended till Nov 30

Tenure of 16th Finance Commission extended till Nov 30

Rediff.com14 Oct 2025

The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman.

Tarique Rahman Sworn In As Bangladesh PM

Tarique Rahman Sworn In As Bangladesh PM

Rediff.com18 Feb 2026

Lok Sabha Speaker Om Birla and Foreign Secretary Vikram Misri attended the swearing-in ceremony.

Operation Sindoor Inspires Rise In Defence Budget

Operation Sindoor Inspires Rise In Defence Budget

Rediff.com4 Feb 2026

'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'

BMW driver faces culpable homicide charge in Sep Delhi accident

BMW driver faces culpable homicide charge in Sep Delhi accident

Rediff.com23 Jan 2026

Delhi Police inform court that a BMW driver involved in a fatal accident last September is charged with culpable homicide for allegedly delaying medical assistance to the victim.

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

New national policy pegs Rs 200 trn investment in power sector by '47

New national policy pegs Rs 200 trn investment in power sector by '47

Rediff.com22 Jan 2026

The government on Wednesday put out the draft of a new policy that projects the country's power sector will need Rs 50 trillion in investments by 2032 and Rs 200 trillion by 2047, proposing ambitious reforms in generation, transmission and distribution.

Budget Gets a New Address

Budget Gets a New Address

Rediff.com23 Jan 2026

Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.

Lessons from Operation Sindoor: Defence budget up by 15%

Lessons from Operation Sindoor: Defence budget up by 15%

Rediff.com1 Feb 2026

In 2025-26, the government allocated Rs 6,81,210 crore for defence budget.

Don't Expect Tax Relief In This Budget!

Don't Expect Tax Relief In This Budget!

Rediff.com27 Jan 2026

After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.

How The Taxman Plans To Close Cases Faster

How The Taxman Plans To Close Cases Faster

Rediff.com11 Feb 2026

Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

No outlay for Chabahar port, India cuts Bangladesh aid

No outlay for Chabahar port, India cuts Bangladesh aid

Rediff.com1 Feb 2026

It is learnt that India was mulling various options relating to the project after Trump administration threatened a 25 per cent additional tariff on countries doing business with Tehran.

Budget 2026: VB-G RAM G gets Rs 95,000 cr; MGNREGA Rs 30,000 cr

Budget 2026: VB-G RAM G gets Rs 95,000 cr; MGNREGA Rs 30,000 cr

Rediff.com1 Feb 2026

The total expenditure on the MGNREGA programme, as per the revised estimates from 2025-26, was Rs 88,000 crore, while initially, a sum of Rs 86,000 crore was allocated.

Ajit 'dada' Pawar: Always the bridesmaid, never the bride

Ajit 'dada' Pawar: Always the bridesmaid, never the bride

Rediff.com28 Jan 2026

Ajit Pawar, who was the finance and planning minister, would have tabled his budget for 2026-27 next month when the state legislature's budget session begins in Mumbai on February 23.

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Rediff.com9 Feb 2026

'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'

Sebi calls for sharper IPO disclosures on risk factors, valuation rationale

Sebi calls for sharper IPO disclosures on risk factors, valuation rationale

Rediff.com16 Jan 2026

Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Thursday called for sharper disclosures in IPO (initial public offering) offer documents, particularly around risk factors, valuation rationale, objects of the issue, and utilisation of proceeds.

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com11 Jan 2026

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Rediff.com5 Jan 2026

The project is aimed at enabling faster movement of security forces and military equipment during exigencies, while also improving connectivity to Arunachal Pradesh, Manipur and other north eastern states.

Naxal-hit districts down to three from six: Home Ministry

Naxal-hit districts down to three from six: Home Ministry

Rediff.com15 Oct 2025

The Ministry of Home Affairs reports a significant reduction in the number of districts most affected by Naxalism, highlighting the government's efforts to combat Left Wing Extremism.

'Record the phone call, I am killing your sister': Husband to Delhi commando's brother

'Record the phone call, I am killing your sister': Husband to Delhi commando's brother

Rediff.com29 Jan 2026

A Delhi Police SWAT commando died after allegedly being brutally assaulted by her husband, who reportedly announced the killing during a phone call with the victim's brother. The family alleges prolonged torture and dowry harassment.

India-US Deal Shields Farmers

India-US Deal Shields Farmers

Rediff.com4 Feb 2026

New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com7 Jan 2026

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

How Winter Session Sets Stage For Budget

How Winter Session Sets Stage For Budget

Rediff.com5 Jan 2026

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman tabled the first batch of Supplementary Demands for Grants for 2025-26 in the Lok Sabha, which seeks approval for a gross additional expenditure of Rs 1.32 lakh crore.

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com7 Jan 2026

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

500% US Tariff Threat Looms Over India

500% US Tariff Threat Looms Over India

Rediff.com9 Jan 2026

A 500 per cent tariff would effectively shut out India's goods and services exports to the US.

Taskaree: The Smuggler's Web Review: A Neeraj Pandey thriller

Taskaree: The Smuggler's Web Review: A Neeraj Pandey thriller

Rediff.com15 Jan 2026

It is difficult to make conveyor belt and baggage-scanning scenes thrilling -- which is how most people trying to sneak out through the Green Channel are caught -- but Neeraj Pandey and co-director Raghav M Jairath and co-writer Vipul K Rawal make sure there is enough going on to make the series watchable, raves Deepa Gahlot.

3.84 Trillion Spent On These Weapons...

3.84 Trillion Spent On These Weapons...

Rediff.com2 Jan 2026

The largest tranche came in July, in the wake of Operation Sindoor, with the DAC according acceptance of necessity -- or initial approval -- for 10 capital acquisition proposals amounting to approximately 1.05 trillion through indigenous sourcing.

Why 2026 Is Crucial Year For India's Military

Why 2026 Is Crucial Year For India's Military

Rediff.com14 Jan 2026

'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'

PM Internship Scheme Sees Lower Take-Up

PM Internship Scheme Sees Lower Take-Up

Rediff.com16 Dec 2025

While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.

FinMin: No Directions Given to LIC on Investments

FinMin: No Directions Given to LIC on Investments

Rediff.com2 Dec 2025

'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'