News for 'National Finance Committee'

Will Thiruvanathapuram Elect Tharoor A 4th Time?

Will Thiruvanathapuram Elect Tharoor A 4th Time?

Rediff.com24 Apr 2024

24 hours before campaigning ends in Thiruvanathapuram, Archana Masih/Rediff.com discovers Shashi Tharoor and his BJP rival Rajeev Chandrasekhar are busy getting their message across to voters.

Good monsoon has positive spin-off on govt finances

Good monsoon has positive spin-off on govt finances

Rediff.com10 Aug 2016

Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

BJP manifesto promises to 'maintain peace in Northeast'

BJP manifesto promises to 'maintain peace in Northeast'

Rediff.com14 Apr 2024

In its election manifesto -- 'Sankalp Patra' -- the Bharatiya Janata Party has vowed to implement the Union Civil Code (UCC), maintain peace in the Northeast, among other key poll promises.

IFSCA looks to clear decks for startups' direct listing at GIFT City

IFSCA looks to clear decks for startups' direct listing at GIFT City

Rediff.com29 Aug 2023

The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special purpose acquisition companies (SPACs) to encourage domestic startups list at GIFT City, the country's only international financial services centre (IFSC). Under the current framework, to be eligible to list on IFSC exchanges, an issuing company should have operating revenue of at least $20 million in the preceding financial year and average pre-tax profits of at least $1 million during the preceding three financial years. An expert committee has noted these conditions have acted as hurdles to listing new-age companies, and they need a relook.

A peculiar problem plagues India's AI roadmap

A peculiar problem plagues India's AI roadmap

Rediff.com5 Jun 2019

National artificial intelligence unit stuck for lack of anchor department

If Modi Wants A Full Term...

If Modi Wants A Full Term...

Rediff.com17 Jun 2024

It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.

Plot to kill Pannun: Nikhil Gupta can be extradited to US, rules Czech court

Plot to kill Pannun: Nikhil Gupta can be extradited to US, rules Czech court

Rediff.com20 Jan 2024

Gupta, arrested in the Czech Republic on June 30 last year, is currently held in Prague's Pankrak prison.

EC reveals electoral bond donors, but not who gave which party

EC reveals electoral bond donors, but not who gave which party

Rediff.com15 Mar 2024

From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.

PM sets up committee to oversee reconstruction in Uttarakhand

PM sets up committee to oversee reconstruction in Uttarakhand

Rediff.com10 Jul 2013

Prime Minister Manmohan Singh on Monday constituted a Cabinet committee to oversee reconstruction and rehabilitation in flood-ravaged Uttarakhand.

IBC: Timely support from the judiciary is MUST

IBC: Timely support from the judiciary is MUST

Rediff.com16 Dec 2023

IBC has been revolutionary in many ways and is a formidable instrument for stress resolution. And despite the room for improvement, the overall effectiveness of IBC in the distress space is unmatched, notes Saloni Kothari.

Why South India Is Unhappy With Modi

Why South India Is Unhappy With Modi

Rediff.com20 Feb 2024

On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rediff.com20 Apr 2022

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department may have an adverse impact on the implementation of infrastructure (infra) projects in 2022-23 (FY23). While the Department for Promotion of Industry and Internal Trade (DPIIT) had sought Rs 10,267 crore from the finance ministry for FY23, it received Rs 8,348-crore allocation. For the National Industrial Corridor Development & Implementation Trust (NICDIT), the finance ministry has allocated Rs 1,500 crore instead of Rs 2,400 crore demanded for the project.

The Politics of Population

The Politics of Population

Rediff.com6 Feb 2024

In the Interim Budget, Finance Minister Nirmala Sitharaman announced that a high power committee would be set up to consider the challenges arising from 'fast population grown and demographic changes.' 'But who wants data? It pays to feed people's fears, insecurities and apprehensions. If such fears don't exist, they must be created,' her husband Parakala Prabhakar says in this fascinating excerpt from his book, The Crooked Timber of New India: Essays on a Republic in Crisis.

5-member committee to decide on new Andhra capital

5-member committee to decide on new Andhra capital

Rediff.com26 Apr 2014

The Centre has constituted a five-member expert committee to study various alternatives available to it to decide on a new capital for Andhra Pradesh.

NITI Aayog's artificial intelligence proposal gets FinMin's nod

NITI Aayog's artificial intelligence proposal gets FinMin's nod

Rediff.com10 Sep 2019

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

How Modi Lost While Winning

How Modi Lost While Winning

Rediff.com6 Jun 2024

For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.

IBA promises transparency at women's world championship

IBA promises transparency at women's world championship

Rediff.com15 Mar 2023

The IBA has also welcomed the presence of an IOC monitoring group, which would "see first-hand IBA's best practices regarding technical and competitions rules, specifically its heralded bout review process," the federation said.

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

Rediff.com29 Oct 2022

In the document, the global body expressed concerns over the increasing use of Internet and other information and communications technologies, including social media platforms, for terrorist purposes.

India's National Security is being transformed

India's National Security is being transformed

Rediff.com22 Oct 2018

Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.

Obama campaign announces Asian American panel

Obama campaign announces Asian American panel

Rediff.com9 Jul 2008

The campaign said that, "the committee is comprised of diverse American communities of supporters, including those from Asian-American, South-Asian American, and Pacific Islander background, who will help raise funds to elect Senator Barack Obama as president and to strengthen and expand the Democratic Party."

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

Rediff.com20 Oct 2020

The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.

China blocks India-US move to blacklist 26/11 terrorist

China blocks India-US move to blacklist 26/11 terrorist

Rediff.com20 Jun 2023

Beijing blocked the proposal that had been moved by the US and co-designated by India to blacklist Mir under the 1267 Al Qaeda Sanctions Committee of the UN Security Council as a global terrorist and subject him to assets freeze, travel ban and arms embargo.

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

Rediff.com17 Jan 2023

Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.

Is Ajit Doval Failing India On Security?

Is Ajit Doval Failing India On Security?

Rediff.com14 Oct 2023

It is when one looks away from the immediate song and dance and at the granular detail of what has been going on since 2014 that one realises what the quality and competence of thinking and execution is in this project we call New India, asserts Aakar Patel.

Social media platforms being used to raise terror funds: NIA chief

Social media platforms being used to raise terror funds: NIA chief

Rediff.com17 Nov 2022

India has evidence that social media platforms are being used to raise terror funds, NIA director general Dinkar Gupta said on Thursday, underlining that the issue will be deliberated during a two-day international ministerial conference on countering terror financing.

Infrastructure development capex hiked by 33% to Rs 10 lakh crore for 2023-24

Infrastructure development capex hiked by 33% to Rs 10 lakh crore for 2023-24

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. "Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP.

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Rediff.com29 Nov 2022

The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.

Trump says Indian-Americans would be voting for him

Trump says Indian-Americans would be voting for him

Rediff.com5 Sep 2020

"We have great support from India. We have great support from Prime Minister Modi. I would think that the Indian (American) people would be voting for Trump," the President told reporters at a White House news conference.

Imran Khan's party says they've been denied access to him

Imran Khan's party says they've been denied access to him

Rediff.com6 Aug 2023

Khan, 70, was arrested from his home in Lahore on Saturday shortly after an Islamabad trial court found him guilty of 'corrupt practices' in the Toshakhana corruption case and sentenced him to three-year imprisonment.

AMU's Governance Structure Is Democratic, Not Divine

AMU's Governance Structure Is Democratic, Not Divine

Rediff.com18 Mar 2023

These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.

BSP Beyond Behenji

BSP Beyond Behenji

Rediff.com15 Jan 2024

'It is an existential crisis. We cannot recover lost ground through social media. We need to forge alliances and reshape our ideological contours.'

Special Session: Even Cabinet Is In The Dark

Special Session: Even Cabinet Is In The Dark

Rediff.com14 Sep 2023

This form of government, where secrets and major decisions are kept from the Cabinet itself, appears to be continuing, which is why the speculation around this special session, asserts Aakar Patel.

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Rediff.com14 Jun 2023

Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.

California's first woman Attorney General Kamala Harris seeks re-election

California's first woman Attorney General Kamala Harris seeks re-election

Rediff.com28 Feb 2014

California Attorney General Kamala D Harris announced on February 12 that she would be seeking re-election to the post.

India, China responsible for Doha deadlock: US official

India, China responsible for Doha deadlock: US official

Rediff.com13 Sep 2011

Since the Doha negotiations began in 2001, the world has changed dramatically, Deputy US Trade Representative Michael Punke stated before the US Senate Finance Committee.

How INDIA Can Counter Modi's Popularity

How INDIA Can Counter Modi's Popularity

Rediff.com11 Jan 2024

What the INDIA alliance needs is neither a counter to Modi's tall personality and undiminished charisma nor a counter-narrative to his Hindutva agenda, now centred on the Ayodhya temple consecration on January 22, argues N Sathiya Moorthy.