News for 'National Treasury'

Uproar in LS over TMC MP's remarks against Scindia

Uproar in LS over TMC MP's remarks against Scindia

Rediff.com11 Dec 2024

"Mr Kalyan Banerjee rose in this House and said sorry. But I will say that we all come to this House with the spirit of contribution to the nation's development...but we also come with a sense of self respect.

Trump, Xi hold talks, agree to resume trade negotiations

Trump, Xi hold talks, agree to resume trade negotiations

Rediff.com6 Jun 2025

The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both countries.

Gold nears Rs 1 lakh-mark on weak dollar

Gold nears Rs 1 lakh-mark on weak dollar

Rediff.com21 Apr 2025

Gold prices inched closer to the psychological mark of Rs 1 lakh per 10 grams as the bullion rates surged Rs 1,650 in the national capital on Monday on weak dollar and uncertainties over US-China trade war driving demand. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity reached Rs 99,800 per 10 grams on Monday. Its value had declined Rs 20 to close at Rs 98,150 on Friday.

Trump admits to 'transition problems' with tariff plan

Trump admits to 'transition problems' with tariff plan

Rediff.com11 Apr 2025

Amid the tumbling stock market in the United States, following the White House clarification of tariffs on China to be at least 145 per cent and an earlier announcement of a 90-day pause on tariffs for over 75 countries, President Donald Trump addressed the challenges associated with his tariff policy, stating that there would be 'transition problems'.

Janet Yellen becomes US' 1st woman treasury secretary

Janet Yellen becomes US' 1st woman treasury secretary

Rediff.com26 Jan 2021

Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.

BJP vs Cong in Parl over DK Shivakumar's 'changing Constitution' remark

BJP vs Cong in Parl over DK Shivakumar's 'changing Constitution' remark

Rediff.com24 Mar 2025

The Rajya Sabha, India's upper house of parliament, was adjourned on Monday without transacting any business due to a heated exchange between the ruling Bharatiya Janata Party (BJP) and the opposition Congress over the issue of reservations to Muslims in public contracts in Karnataka. The BJP accused Congress of seeking to amend the Constitution to provide reservations based on religion, while Congress asserted its commitment to protecting the Constitution. The debate centered around a statement by a senior Congress leader, who was reportedly advocating for changing the Constitution to provide reservations for Muslims.

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Rediff.com3 Apr 2025

Congress Parliamentary Party chairperson Sonia Gandhi has criticized the Waqf (Amendment) Bill, calling it a 'brazen assault' on the Constitution and part of the BJP's strategy to keep society in a 'permanent state of polarization.' She also spoke out against the One Nation, One Election Bill, calling it a 'subversion of the Constitution.' Gandhi further accused the Modi government of ignoring the women's reservation bill and other demands for reservation, and of 'dragging the country into an abyss' where the Constitution will only exist on paper. She also criticized the government for limiting the speaking time of the Leader of the Opposition in Parliament and for not allowing discussions on important issues like the working of the defense and external affairs ministries and the challenges posed by China on the border.

2 Indian-origin faces in new Canadian PM's cabinet

2 Indian-origin faces in new Canadian PM's cabinet

Rediff.com15 Mar 2025

Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.

Gold at fresh record high of Rs 91,950/10 gm

Gold at fresh record high of Rs 91,950/10 gm

Rediff.com19 Mar 2025

Gold prices advanced Rs 700 to reach a new lifetime high of Rs 91,950 per 10 grams in the national capital on Wednesday on the back of continued buying by jewellers ahead of wedding season, according to the All India Sarafa Association. Besides, increased tensions in the Middle East and concerns about the US economic slowdown have kept the demand for safe-haven assets intact.

Waqf bill debate finale to Budget session ending with over 100% productivity

Waqf bill debate finale to Budget session ending with over 100% productivity

Rediff.com4 Apr 2025

Parliament's approval of the Waqf (Amendment) Bill, a contentious piece of legislation aimed at reforming Waqf bodies, has sparked strong reactions from the opposition, who allege that the bill was "bulldozed" through Parliament. The bill, considered the government's most consequential legislation in its third term, was passed with comfortable majorities in both the Lok Sabha and Rajya Sabha despite opposition claims of a lack of consultation and an intrusion into religious affairs. Other notable bills approved during the session included the Finance Bill, Appropriation Bill, Immigration and Foreigners Bill, and Tribhuvan Sahkari University Bill. The session, which saw high productivity, also witnessed debates on issues such as economic distress, delimitation, and the three-language policy. While the government touted its achievements, the opposition criticized the government's approach and vowed to challenge the Waqf bill in court.

RS adjourned amid din over Opposition's no-trust notice

RS adjourned amid din over Opposition's no-trust notice

Rediff.com11 Dec 2024

Rajya Sabha proceedings were adjourned for the day on Wednesday afternoon without transacting any business amid uproar by treasury and opposition benches over the no-trust notice against the House Chairman and the George Soros issue.

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

My dignity, self-esteem deeply hurt by Rahul: BJP MP from Nagaland

My dignity, self-esteem deeply hurt by Rahul: BJP MP from Nagaland

Rediff.com19 Dec 2024

A BJP MP from Nagaland has alleged that Congress leader Rahul Gandhi came "very close" to her and "shouted" at her during a protest outside the Parliament, making her feel "uncomfortable." The incident has led to a war of words between the ruling BJP and the opposition Congress, with both sides accusing each other of misconduct. The BJP has demanded an apology from Rahul Gandhi, while the Congress has denied the allegations.

MP: 'Disabled' govt employee 'seen dancing', probe sought

MP: 'Disabled' govt employee 'seen dancing', probe sought

Rediff.com14 Feb 2025

A students' organization in Madhya Pradesh has demanded an inquiry after a woman, recently selected in the government service in the disabled quota, was seen dancing in a viral social media video. The woman, however, denied any irregularity in her appointment, claiming that she suffers from 45 percent disability due to bone-related problems. She stated that she is able to walk and even dance for short periods due to implants from surgery following a serious hip injury.

Trinamool MP submits written apology for remarks against Scindia

Trinamool MP submits written apology for remarks against Scindia

Rediff.com12 Dec 2024

Lok Sabha Speaker Om Birla on Thursday said that Trinamool Congress MP Kalyan Banerjee has submitted a written apology for his remarks against Union Minister Jyotiraditya Scindia besides apologising in the House.

Colombia agrees to take back migrants, Trump pauses tariffs

Colombia agrees to take back migrants, Trump pauses tariffs

Rediff.com27 Jan 2025

US President Donald Trump has imposed tariffs and a travel ban on Colombia after the South American nation refused to accept two American military planes deporting undocumented Colombians. The move comes after President Trump announced mass deportations of illegal immigrants and warned countries of consequences if they refuse to accept them. Colombian President Gustavo Petro, in a post on X, said that the US cannot treat Colombian migrants as criminals and denied the entry of American planes carrying Colombian migrants into Colombian territory. Trump responded by imposing a 25% tariff on all goods coming into the US, a travel ban and immediate visa revocations on Colombian government officials, and visa sanctions on all party members, family members and supporters of the Colombian government. The US also announced enhanced customs and border protection inspections of all Colombian nationals and cargo on national security grounds. In retaliation, Colombia announced a 25% import tariff on American products.

Uproar in Rajya Sabha over Kharge's 'unparliamentary' remark

Uproar in Rajya Sabha over Kharge's 'unparliamentary' remark

Rediff.com11 Mar 2025

The Rajya Sabha witnessed an uproar on Tuesday over an unparliamentary remark by Leader of Opposition Mallikarjun Kharge, who apologized to the Chair while clarifying that it was meant for the government that was "trying to create a regional divide" in the country. The controversy stemmed from a statement by Education Minister Dharmendra Pradhan, who slammed the Tamil Nadu government for its stand on the three-language policy under the National Education Policy (NEP). Kharge's use of a Hindi expression, deemed unparliamentary, sparked outrage from the treasury benches. He subsequently apologized for the remark, stating it was directed at the government's policies and not the Chair.

'As He Was Taken To The Gallows, He Proclaimed 'Bharat Mata ki Jai'

'As He Was Taken To The Gallows, He Proclaimed 'Bharat Mata ki Jai'

Rediff.com12 Jun 2025

Standing near the noose, he recited a couplet in which he said he wished nothing but to sacrifice his life for the motherland. Utkarsh Mishra remembers Ram Prasad Bismil on the revolutionary leader's 128th birth anniversary.

Fadnavis vows to put Azmi in jail as Akhilesh backs his MLA

Fadnavis vows to put Azmi in jail as Akhilesh backs his MLA

Rediff.com5 Mar 2025

Samajwadi Party MLA Abu Asim Azmi, suspended from the Maharashtra assembly over his remarks praising Mughal emperor Aurangzeb, will be '100 per cent' put in jail, Chief Minister Minister Devendra Fadnavis said in the legislative council.

US Treasury's David Malpass bags World Bank's top job

US Treasury's David Malpass bags World Bank's top job

Rediff.com5 Apr 2019

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.

Stalin to challenge Waqf Bill in SC, gets AIADMK support

Stalin to challenge Waqf Bill in SC, gets AIADMK support

Rediff.com3 Apr 2025

Tamil Nadu Chief Minister and DMK president M K Stalin announced that his party will file a case in the Supreme Court against the Waqf Bill passed in the Lok Sabha. The opposition AIADMK expressed solidarity with the DMK's stance, while the BJP members staged a walkout from the Assembly in protest. The CM argued that the amendment was passed at the behest of a few allies despite opposition from majority parties and that it is an attack on the Constitution and religious harmony. The DMK claims the bill threatens the autonomy of the Waqf Board and the Muslim minority population.

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

Lok Sabha to take up Waqf bill today; BJP, allies issue whip

Lok Sabha to take up Waqf bill today; BJP, allies issue whip

Rediff.com2 Apr 2025

The Lok Sabha, India's lower house of Parliament, will debate the contentious Waqf (Amendment) Bill on Wednesday. The bill has been met with strong opposition from several parties who claim it is unconstitutional. The government, however, insists the bill aims to improve the management of Waqf properties in India by bringing transparency and efficiency.

First part of Budget Session ends with heated debates

First part of Budget Session ends with heated debates

Rediff.com14 Feb 2025

The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.

The Finance Minister Who Changed India

The Finance Minister Who Changed India

Rediff.com28 Dec 2024

Dr Manmohan Singh first embossed himself on the national consciousness when as India's finance minister he flagged off economic reforms which changed this nation forever.

Major ruckus in Parliament over 'Cong-Soros' link

Major ruckus in Parliament over 'Cong-Soros' link

Rediff.com9 Dec 2024

Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.

Lalu gets bail in Dumka treasury case; paves way for his release from jail

Lalu gets bail in Dumka treasury case; paves way for his release from jail

Rediff.com17 Apr 2021

The court directed him neither to leave the country without permission nor change his address and mobile number during the bail period.

Trump pauses tariffs on Mexico, Canada negotiations continue

Trump pauses tariffs on Mexico, Canada negotiations continue

Rediff.com3 Feb 2025

Trump on February 1 had announced tariffs on major US trading partners Canada, Mexico and China. He imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

Bangladesh launches $5 billion graft probe against Hasina

Bangladesh launches $5 billion graft probe against Hasina

Rediff.com24 Dec 2024

An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling $5 billion in the Rooppur nuclear power plant, according to a media report.

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Rediff.com1 Feb 2025

Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.

Send him to UP, says Yogi as Maha assembly suspends Abu Azmi

Send him to UP, says Yogi as Maha assembly suspends Abu Azmi

Rediff.com5 Mar 2025

Samajwadi Party MLA Abu Asim Azmi was on Wednesday suspended from the Maharashtra legislative assembly till the ongoing budget session ends on March 26, over his remarks eulogizing Mughal emperor Aurangzeb.

Lok Sabha adjourned sine die amid din, Speaker warns of action

Lok Sabha adjourned sine die amid din, Speaker warns of action

Rediff.com20 Dec 2024

Lok Sabha was adjourned sine die on Friday amid protests by opposition and treasury benches over the alleged insult to Dr B R Ambedkar and directions by Speaker Om Birla to members against holding demonstrations at any gate of Parliament.

Massive brawl, Jai Shree Ram slogans: High drama inside J-K assembly

Massive brawl, Jai Shree Ram slogans: High drama inside J-K assembly

Rediff.com7 Nov 2024

At least three MLAs were marshalled out on the directions of Speaker Abdul Rahim Rather but the brawl ensued due to resistance put up by the opposition members.

'Pakistan Has Come A Long Way Since March 3, 2009'

'Pakistan Has Come A Long Way Since March 3, 2009'

Rediff.com22 Feb 2025

'International cricket is incomplete without Pakistan.'

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

What prompted Oppn to move no-trust against Dhankhar

What prompted Oppn to move no-trust against Dhankhar

Rediff.com11 Dec 2024

Kharge alleged that Dhankhar is working as a government spokesperson and acting like a school headmaster, often sermonising experienced opposition leaders and preventing them from speaking in the House.

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

Simultaneous polls bill introduced with 269 votes in favour, 198 against

Simultaneous polls bill introduced with 269 votes in favour, 198 against

Rediff.com17 Dec 2024

Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday, with the opposition terming the move 'dictatorial' and Law Minister Arjun Ram Meghwal asserting that the legislation would not tamper with the powers enjoyed by states.

Won't do anything that...: Maldives President in India

Won't do anything that...: Maldives President in India

Rediff.com7 Oct 2024

The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.