News for 'Money Bill'

Rupee slumps 69 paise to all-time low of 92.18/USD

Rupee slumps 69 paise to all-time low of 92.18/USD

Rediff.com4 Mar 2026

Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.

Aadhaar legislation might be a Money Bill

Aadhaar legislation might be a Money Bill

Rediff.com2 Mar 2016

The Bill could be introduced in Lok Sabha very soon.

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com19 Mar 2026

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

Rediff.com20 Aug 2025

The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.

Governors can't withhold assent to bills for eternity: SC

Governors can't withhold assent to bills for eternity: SC

Rediff.com29 Aug 2025

The Supreme Court has questioned the practice of Governors withholding assent to bills indefinitely, stating that it renders the constitutional provision of 'as soon as possible' meaningless.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

Rediff.com3 Mar 2026

India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Rediff.com16 Dec 2025

A bill to repeal the MGNREGA and introduce a new rural employment law, the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), has been circulated among Lok Sabha members.

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Rediff.com26 Feb 2026

A man in Gurugram was arrested for allegedly defrauding a hotel by using a fake payment application to create screenshots of payments totaling Rs 6 lakhs, allowing him to stay for five months without paying.

SC grants bail to filmmaker Vikram Bhatt in cheating case

SC grants bail to filmmaker Vikram Bhatt in cheating case

Rediff.com19 Feb 2026

The Supreme Court has granted bail to filmmaker Vikram Bhatt and regularized the interim bail of his wife in a multi-crore rupees cheating case lodged in Rajasthan, involving allegations of misappropriated funds for a biopic project.

Iran Crisis Impact: India Braces for Oil Price Volatility

Iran Crisis Impact: India Braces for Oil Price Volatility

Rediff.com2 Mar 2026

Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.

Ramping up domestic LPG production to ensure supply: Sitharaman

Ramping up domestic LPG production to ensure supply: Sitharaman

Rediff.com17 Mar 2026

Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.

SC grants bail to filmmaker Vikram Bhatt, wife

SC grants bail to filmmaker Vikram Bhatt, wife

Rediff.com13 Feb 2026

The Supreme Court has granted bail to filmmaker Vikram Bhatt and his wife Shwetambari Bhatt in a cheating case involving alleged misappropriation of funds. The court ordered their release from Udaipur jail and issued notices to the complainant and the Rajasthan government.

Everyday Heroine: She Balances Her Job And Her Passion

Everyday Heroine: She Balances Her Job And Her Passion

Rediff.com5 Mar 2026

Thane-based Chitra Tambe, 28, opens up about how she juggles a full-time career and her growing passion while living in a joint family setup.

Soft hiring trends keep Info Edge on back foot

Soft hiring trends keep Info Edge on back foot

Rediff.com3 Feb 2026

Weakness in the information technology (IT) sector hiring has weighed on Info Edge (India) over the past year, leading to a 13 per cent correction in the stock during this period. While the company's 2025-26 (FY26) third-quarter (October-December/Q3) performance showed a marginal improvement, brokerages believe the IT hiring outlook remains weak due to macroeconomic uncertainty in the US.

Aadhaar upheld as money bill: Cong to move SC again

Aadhaar upheld as money bill: Cong to move SC again

Rediff.com26 Sep 2018

Sibal said the party will certainly move the court if amendments in the Aadhaar Act to be brought after this verdict are not brought in Rajya Sabha for discussion.

States can't move SC against Prez, Guv on bills: Centre

States can't move SC against Prez, Guv on bills: Centre

Rediff.com28 Aug 2025

The Centre has argued before the Supreme Court that state governments cannot use writ jurisdiction to challenge the actions of the President and Governor regarding bills passed by state assemblies, particularly concerning fundamental rights violations. The President seeks the Supreme Court's opinion on whether states can file writ petitions under Article 32 and the scope of Article 361.

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.'

Ramesh moves SC challenging decision to treat Aadhaar as money bill

Ramesh moves SC challenging decision to treat Aadhaar as money bill

Rediff.com7 Apr 2016

The Aadhaar Bill passed during Budget session last month, overruling amendments moved in Rajya Sabha.

London Court Denies Bail to Nirav Modi in PNB Fraud Case

London Court Denies Bail to Nirav Modi in PNB Fraud Case

Rediff.com7 Feb 2026

The High Court of Justice in London has rejected a fresh bail petition filed by diamantaire Nirav Modi, who is wanted in India in connection with the Rs 13,000 crore Punjab National Bank (PNB) fraud case.

Interest rates to remain at low level: RBI Guv

Interest rates to remain at low level: RBI Guv

Rediff.com6 Feb 2026

Reserve Bank Governor Sanjay Malhotra on Friday said the key policy rates will remain at low levels for a long period and may go down even further.

US lawmaker to introduce bill to completely eliminate H-1B visa programme

US lawmaker to introduce bill to completely eliminate H-1B visa programme

Rediff.com14 Nov 2025

An American lawmaker will be introducing a bill to "completely eliminate" the H-1B visa programme and take away the pathway to citizenship that it offers, "forcing" individuals to "return home" when their visa expires.

Sensex jumps 487 points on optimism over India-EU FTA

Sensex jumps 487 points on optimism over India-EU FTA

Rediff.com28 Jan 2026

From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.

Sensex bounces back on buying in metal, bank stocks

Sensex bounces back on buying in metal, bank stocks

Rediff.com27 Jan 2026

Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.

'Online Real Money Games Are A Menace'

'Online Real Money Games Are A Menace'

Rediff.com21 Aug 2025

'There are cases of suicides, and middle-class families losing their entire family savings.'

Aadhaar cleared through Money Bill route: Why Modi cannot use this option every time

Aadhaar cleared through Money Bill route: Why Modi cannot use this option every time

Rediff.com18 Mar 2016

The Centre needs to have dialogue with the Opposition instead of letting politics come in the way; it needs to stoop to conquer, says Aditi Phadnis.

Govt may bring laws on Aadhaar, bankruptcy as money bills

Govt may bring laws on Aadhaar, bankruptcy as money bills

Rediff.com14 Dec 2015

The apex court had permitted only voluntary use of Aadhaar for welfare programmes including MGNREGA, all pension schemes, provident fund and Pradhan Mantri Jan Dhan Yojna.

Is AI Really Boosting India's Economy?

Is AI Really Boosting India's Economy?

Rediff.com12 Feb 2026

'The real risk is not that AI will fail to transform India's economy.'
'The risk is that it already is -- while our measurement systems continue to look the other way,' observes Nishant Sahdev, a theoretical physicist at the University of North Carolina.

Governor can't send bills to Prez after second assembly approval: SC

Governor can't send bills to Prez after second assembly approval: SC

Rediff.com21 Aug 2025

The Supreme Court has ruled that a Governor cannot send bills to the President for consideration if the state assembly has already cleared them for a second time. The court was questioning the Centre over the powers of the Governor when it comes to granting assent to bills.

NPCI sets up unit to scale up digital infra beyond payments

NPCI sets up unit to scale up digital infra beyond payments

Rediff.com5 Jan 2026

Moving beyond digital payments, the National Payments Corporation of India (NPCI), the operator of Unified Payments Interface, is planning to add more muscle to the country's digital infrastructure by setting up a fourth subsidiary, NPCI Tech Solutions Ltd (NTSL).

Gameskraft sacks 120 staff post real-money gaming ban

Gameskraft sacks 120 staff post real-money gaming ban

Rediff.com18 Sep 2025

Online gaming firm Gameskraft on Thursday said it is laying off 120 employees as it navigates new regulatory landscape post the passage of the Online Gaming Bill, 2025.

Stricter safeguards on cards for life funds

Stricter safeguards on cards for life funds

Rediff.com16 Dec 2025

The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.

Rise and Fall Of Real-Money Gaming Firms

Rise and Fall Of Real-Money Gaming Firms

Rediff.com15 Sep 2025

India has nearly 490 million online gamers, and an estimated Rs 10,000 crore is spent every month on online gaming transactions.

Student ends life after fight with friends over splitting bar bill

Student ends life after fight with friends over splitting bar bill

Rediff.com22 Sep 2025

A 19-year-old engineering student allegedly died by suicide in Hyderabad, following a financial dispute with friends over sharing the cost of a party bill, police said on Monday.

BJP states defend Governor's power to assent to Bills in SC

BJP states defend Governor's power to assent to Bills in SC

Rediff.com26 Aug 2025

BJP-ruled states argued in the Supreme Court that governors and the President have autonomy in assenting to bills passed by state assemblies, asserting that courts cannot mandate assent.

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

Congress calls Indo-US trade pact a 'surrender'

Congress calls Indo-US trade pact a 'surrender'

Rediff.com7 Feb 2026

The Congress party has criticized the Indo-US trade agreement, calling it a 'surrender' of India's self-esteem and interests, and a betrayal of Indian farmers and MSMEs.

Strong order book, outlook to support defence stocks

Strong order book, outlook to support defence stocks

Rediff.com26 Jan 2026

The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).

Economic Survey 2026: India must run marathon and sprint simultaneously

Economic Survey 2026: India must run marathon and sprint simultaneously

Rediff.com29 Jan 2026

According to the Economic Survey 2026, the appropriate stance for 2026 is therefore one of strategic sobriety rather than defensive pessimism.

Strong demand drivers likely to cushion TaMo

Strong demand drivers likely to cushion TaMo

Rediff.com31 Jan 2026

A pickup in freight rates, rising fleet utilisation and a long-awaited replacement cycle are breathing fresh life into India's commercial vehicle (CV) market, strengthening the investment case for Tata Motors' CV arm (TMCV). Despite a broadly steady December quarter (Q3) performance, brokerages remain divided on whether the upswing is strong enough to offset margin pressures.