News for 'Money Bills'

Kejriwal blitzkrieg not enough to overwhelm BJP in Delhi

Kejriwal blitzkrieg not enough to overwhelm BJP in Delhi

Rediff.com4 Jun 2024

Delhi Chief Minister Arvind Kejriwal mounted a blazing campaign in the hot summer after he was released from the Tihar jail on interim bail on May 10, drawing huge crowds at rallies and roadshows, but it proved insufficient to propel his Aam Aadmi Party past the Bharartiya Janata Party challenge in the national capital.

States' own versions of farm Bills are falling short on farmers' needs

States' own versions of farm Bills are falling short on farmers' needs

Rediff.com17 Nov 2020

Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.

Real Estate Bill cleared; Home buyers to get a fair deal

Real Estate Bill cleared; Home buyers to get a fair deal

Rediff.com10 Mar 2016

The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.

LS panel cites Moitra for Hiranandani's Dubai status, national security, illegal gratification

LS panel cites Moitra for Hiranandani's Dubai status, national security, illegal gratification

Rediff.com9 Nov 2023

The Lok Sabha ethics committee has cited the threats India faces from State and non-State cyber actors to indict Trinamool Congress MP Mahua Moitra for sharing her log-in credentials with businessman Darshan Hiranandani, noting that he has residency rights in Dubai and has close relatives who are foreign nationals.

Railways To Begin Hiring Again

Railways To Begin Hiring Again

Rediff.com17 Jun 2024

With a large number of Indian youth aspiring to work in the railways, delays in filling up railway job vacancies were a point of criticism against the BJP in the run-up to the elections.

US Senate passes sweeping financial reforms Bill

US Senate passes sweeping financial reforms Bill

Rediff.com16 Jul 2010

The law will check taxpayers' money from being used to pay for the financial mismanagement of institutions.

Motor Vehicles Bill gets President's nod

Motor Vehicles Bill gets President's nod

Rediff.com9 Aug 2019

Under the law, Rs 10,000 fine would be levied for not giving way to emergency vehicles and for driving despite disqualification. Aggregators violating driving licence norms will be fined up to Rs 100,000.

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Rediff.com1 Sep 2021

Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).

New law to regulate money lending proposed

New law to regulate money lending proposed

Rediff.com9 Apr 2010

The objective of the new legislation is to have a uniform law regulating money lending, removing the existing abuses and malpractices in the business and to protect the debtor, particularly farmers, from payment of abnormal interest rates.

Explained: What the 3 new agri Bills are all about

Explained: What the 3 new agri Bills are all about

Rediff.com18 Sep 2020

Three key agriculture Bills, approved by the Lok Sabha, are facing staunch opposition from within the ruling coalition with senior minister Harsmirat Kaur Badal resigning in protest and farmers hitting the street.

Dividend spurs hope for Rs 1 trn cut in govt borrowing

Dividend spurs hope for Rs 1 trn cut in govt borrowing

Rediff.com24 May 2024

The Reserve Bank of India's (RBI's) record surplus transfer to the government has raised hopes among bond traders that the government might reduce its gross borrowing for the current financial year (2024-25/FY25) by up to Rs 1 trillion. The RBI approved a dividend of Rs 2.11 trillion for the central government for 2023-24, marking an increase of roughly 141 per cent from 2022-23 (FY23). In addition, the contingency risk buffer has been raised to 6.5 per cent from the previous 6 per cent.

'No One Thought Of The Pride Of Women Then?'

'No One Thought Of The Pride Of Women Then?'

Rediff.com22 May 2024

'When our daughters, wrestlers Sakshi Malik and Vignesh Phogat, were protesting at the Jantar Mantar, the police kicked them with their shoes.'

Data Bill: Why Nasscom, mobile body are worried

Data Bill: Why Nasscom, mobile body are worried

Rediff.com28 Dec 2019

The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.

New chit fund Bill to have more teeth

New chit fund Bill to have more teeth

Rediff.com29 Apr 2013

Copies of the bill, to be moved by Finance Minister Amit Mitra tomorrow for consideration and passage, were circulated among members on the first day of a two-day special session of the Assembly on Monday.

How To Avoid Motor Insurance Claim Rejection

How To Avoid Motor Insurance Claim Rejection

Rediff.com18 Jun 2024

Do not get repair work started without informing the insurer as the latter like to carry out end-to-end verification of damages and documents before approving a claim.

Bill that makes firing staff easier passed in parliament

Bill that makes firing staff easier passed in parliament

Rediff.com23 Sep 2020

Labour Minister Santosh Gangwar said, the purpose of labour reforms is to provide a transparent system to suit the changed business environment.

Contractors must be held accountable for shoddy construction: Karnataka HC

Contractors must be held accountable for shoddy construction: Karnataka HC

Rediff.com8 Jun 2023

The high court also directed that engineers involved in shoddy constructions using public money be brought to book.

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

'We Are Voting For The Next Chief Minister'

'We Are Voting For The Next Chief Minister'

Rediff.com27 Sep 2024

A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.

Will the Fugitive Economic Offenders Bill of any real use?

Will the Fugitive Economic Offenders Bill of any real use?

Rediff.com12 Mar 2018

Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders

Budget Must Focus On Raising Revenue

Budget Must Focus On Raising Revenue

Rediff.com18 Jul 2024

With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options, points out A K Bhattacharya.

IndiGo, Air India plan to buy 170 wide-body planes

IndiGo, Air India plan to buy 170 wide-body planes

Rediff.com25 Apr 2024

In little over a year, Air India and IndiGo have announced plans to purchase up to 170 wide-body planes as they bet on ambitious expansion and efforts also continue to make India a global aviation hub. Also, the two carriers' orders usher in European aircraft maker Airbus into the country's wide-body space, which has traditionally been dominated by US major Boeing. If narrow-body aircraft orders of Air India, IndiGo and Akasa Air are added to the list, the order book is well over 1,200 planes and that too in less than 14 months or since February 2023.

Bill Gates donates $10 million to S Africa

Bill Gates donates $10 million to S Africa

Rediff.com22 Nov 2007

The South African Federation of the Urban Poor on Thursday disclosed this in statement saying the money was donated by the Bill and Melinda Gates Foundation. The money would be directed through the Slum/Shack Dwellers International, which is based in South Africa.

The new Motor Vehicles Bill: What's it all about

The new Motor Vehicles Bill: What's it all about

Rediff.com1 Aug 2019

The much-needed amendments will improve road safety, facilitate citizens in their dealings with transport departments, strengthen rural transport, public transport and last-mile connectivity through automation, computerisation and online services.

Have You Heard Of Crotonville?

Have You Heard Of Crotonville?

Rediff.com9 May 2024

The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.

'Tax buoyancy can't continue year after year'

'Tax buoyancy can't continue year after year'

Rediff.com16 Feb 2024

'The revenue projection arises out of all sectors doing well and the formalisation of the economy helps in making sure the tax domain gets widened.'

Pension bill to limit investment option

Pension bill to limit investment option

Rediff.com1 Jun 2006

The proposed PFRDA bill, aimed at setting up a regulator and manage a new pension system, will not allow pension schemes to invest their money in individual stocks.

Data Bill: Industry experts fear massive implementation hurdles

Data Bill: Industry experts fear massive implementation hurdles

Rediff.com12 Dec 2019

If the Personal Data Protection Bill gets passed in its present form, a new class of companies and entities could emerge. The sole job of these new entities would be to manage the consent for data usage of a user.Banks, healthcare firms and fintech companies, among others, fear that sharing non-personal data with the government may hurt business interests. Banks also fear the threat of data misuse.

Bill Gates steps down from Microsoft board to focus on philanthropy

Bill Gates steps down from Microsoft board to focus on philanthropy

Rediff.com14 Mar 2020

Microsoft on Friday (local time) announced that its co-founder Bill Gates has stepped down from the company's board of directors to dedicate more time to his philanthropic priorities including global health and education. Gates will, however, continue to serve as the technology advisor to Microsoft CEO Satya Nadella.

Don't want Kejriwal performing official duties if granted bail: SC

Don't want Kejriwal performing official duties if granted bail: SC

Rediff.com7 May 2024

The bench has divided the hearing on Kejriwal's petition against his arrest into two parts. His main petition challenges his arrest by the ED and seeks it to be declared as illegal, while the second aspect pertains to grant of interim bail keeping in mind the ongoing Lok Sabha polls. The court has reserved the order on the issue of grant of interim bail.

Data protection bill to be introduced in winter session

Data protection bill to be introduced in winter session

Rediff.com16 Nov 2019

The proposals are mostly based on a report submitted by Justice B N Srikrishna in July 2018. The draft Bill has since gone through at least two updates based on inputs received from industry, report Yuvraj Malik and Peerzada Abrar.

Lok Sabha passes Motor Vehicles Amendment bill

Lok Sabha passes Motor Vehicles Amendment bill

Rediff.com23 Jul 2019

Transport and highways minister Nitin Gadkari said he is here "not to show any dream" but to fulfil promises made on better, smoother roads and latest transport technology.

Chennai Open: Sumit Nagal to spearhead Indian challenge

Chennai Open: Sumit Nagal to spearhead Indian challenge

Rediff.com1 Feb 2024

Sumit Nagal, who recently became the first Indian to beat a seeded player in a Grand Slam tournament, will spearhead the Indian challenge in the men's singles competition of the Chennai Open ATP Challenger 100 tournament beginning on Sunday.

FM promises reasonable compliance window under black money law

FM promises reasonable compliance window under black money law

Rediff.com6 Apr 2015

Arun Jaitley has promised a compliance window under the new black money law for persons with overseas funds to come clean.

Citizenship Bill row: Protests greet Modi in Assam

Citizenship Bill row: Protests greet Modi in Assam

Rediff.com8 Feb 2019

The prime minister witnessed the protests when he travelled to the Raj Bhavan in Guwahati, where he will spend the night, from Lokopriya Gopinath Bordoloi International Airport.

Kejriwal: From anti-corruption crusader to liquor scam accused

Kejriwal: From anti-corruption crusader to liquor scam accused

Rediff.com21 Mar 2024

In his absence, the party stares at uncertainty as many of its other senior leaders are either in jail or in political obscurity.

A Salute To An IAF Legend

A Salute To An IAF Legend

Rediff.com12 Sep 2024

'There cannot be anyone like Air Marshal Keelor -- he was so difficult to emulate.' Air Commodore Nitin Sathe (retd) salutes War Hero Air Marshal Denzil Keelor PVSM, KC, AVSM, VrC who passed into the ages last month.

LS passes bill allowing voluntary use of Aadhaar

LS passes bill allowing voluntary use of Aadhaar

Rediff.com4 Jul 2019

The amended bill also provides for a stiff Rs 1 crore penalty and a jail term for private entities for storing Aadhaar data.

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Rediff.com16 Nov 2023

The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.

6 ways to save on your utility bill

6 ways to save on your utility bill

Rediff.com24 Feb 2009

Saving money on your utility bills doesn't have to mean wearing your winter coat inside, forking over the money for a new heating or cooling unit - or convincing your landlord to replace it.