News for 'Office of Management and Budget'

Will the markets continue to scale new peaks post Budget?

Will the markets continue to scale new peaks post Budget?

Rediff.com30 Jan 2018

Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.

Sensex, Nifty extend gains for 4th day; all eyes on Budget

Sensex, Nifty extend gains for 4th day; all eyes on Budget

Rediff.com4 Jul 2019

Top gainers in the Sensex pack included Bharti Airtel, Tata Motors, IndusInd Bank, Kotak Bank, Hero MotoCorp, Asian Paints and PowerGrid, which rose up to 2.53 per cent.

When Santa Wore A Red Sari

When Santa Wore A Red Sari

Rediff.com1 Feb 2023

The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.

2023's Must Watch Web Series

2023's Must Watch Web Series

Rediff.com28 Dec 2023

Deepa Gahlot picks 10 Web series that was worth the viewer's while.

What the Budget has for banks and regulators

What the Budget has for banks and regulators

Rediff.com3 Mar 2015

The proposed IFC disrupts existing regulatory structures.

Budget 2020: Key demands of the IT sector

Budget 2020: Key demands of the IT sector

Rediff.com16 Dec 2019

A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.

'Don't Stop Your SIPs!'

'Don't Stop Your SIPs!'

Rediff.com12 May 2023

'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'

Govt can't escape responsibility: HC on Maha deaths

Govt can't escape responsibility: HC on Maha deaths

Rediff.com6 Oct 2023

The Maharashtra government on Friday told the Bombay high court that the state-run hospitals in Nanded and Chhatrapati Sambhajinagar which recently saw a spurt in patient deaths faced a heavy inflow of extremely critical patients from private hospitals.

Cabinet expansion will reflect 'budget focus & priorities': PM

Cabinet expansion will reflect 'budget focus & priorities': PM

Rediff.com4 Jul 2016

Prime Minister Narendra Modi was on Monday quoted as saying that Tuesday's expansion of his ministry will reflect "budget focus and priorities".

In Centre's fire sale: land, factories, apartments, office space

In Centre's fire sale: land, factories, apartments, office space

Rediff.com27 Jan 2020

Processes are at an advanced stage for a number of assets of the Centre and central public sector enterprises (CPSEs) to be monetised. The assets include office space, apartments, factories, land, power transmission assets, sports stadia, gas pipelines, and telecom assets.

Centre forms Cauvery Water Management Authority

Centre forms Cauvery Water Management Authority

Rediff.com1 Jun 2018

The Tamil Nadu government welcomed the decision, hailing it as a 'grand victory for the 'Amma (Jayalalithaa) government' and the state's farmers'.

U'khand to deploy BRO team in Joshimath for smooth Char Dham Yatra

U'khand to deploy BRO team in Joshimath for smooth Char Dham Yatra

Rediff.com21 Feb 2023

A Border Roads Organisation team will be stationed in Joshimath to monitor the yatra on a day-to-day basis and ensure immediate treatment of cracks on roads or any other problem that might arise, the chief minister said.

Congress's 5 poll guarantees in Karnataka to have 'conditions apply' clause?

Congress's 5 poll guarantees in Karnataka to have 'conditions apply' clause?

Rediff.com19 May 2023

Will the new Congress government implement the five 'guarantees' that helped it in part to wrest power from the Bharatiya Janata Party in toto or will they now add a "conditions apply" clause?

Another Gujarat cadre IAS officer gets plum posting in Modi govt

Another Gujarat cadre IAS officer gets plum posting in Modi govt

Rediff.com4 Nov 2014

In yet another secretary-level change, government appointed Hasmukh Adhia, a 1981 Gujarat cadre IAS officer, as the new Financial Services Secretary replacing G S Sandhu.

Why stocks of listed REITs are risky bets in the near term

Why stocks of listed REITs are risky bets in the near term

Rediff.com28 Feb 2023

In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.

Obama promises to get US budget in shape

Obama promises to get US budget in shape

Rediff.com26 Nov 2008

US President-elect Barack Obama today promised to do whatever possible to revive stalled economic growth in the short run and insisted that there is no question of being in any danger of an environment of "over-reach".

Budget misses scrappage policy which is key for CV revival

Budget misses scrappage policy which is key for CV revival

Rediff.com8 Jul 2019

The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.

How HCL managed to report such robust growth

How HCL managed to report such robust growth

Rediff.com31 Jan 2015

The first reason is engineering services, says Anant Gupta

Should you invest in IT stocks? Here's what experts say

Should you invest in IT stocks? Here's what experts say

Rediff.com17 Mar 2023

An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.

FinMin goes for reshuffle ahead of Budget

FinMin goes for reshuffle ahead of Budget

Rediff.com29 Dec 2015

An announcement has barred the entry of journalists in the finance ministry.

Replaced officer will continue to handle chopper case: DefMin

Replaced officer will continue to handle chopper case: DefMin

Rediff.com30 Nov 2013

The ministry had on Friday decided to replace Chatterjee as joint secretary and acquisition manager (Air), in-charge of handling the chopper deal, which is facing cancellation in view of bribery allegations, and the multi-billion dollar 126 combat aircraft deal of the Air Force.

CEOs expect tax cuts in Budget 2017

CEOs expect tax cuts in Budget 2017

Rediff.com2 Jan 2017

Majority expect economy to slow down, but are satisfied with Modi govt's performance.

How FM plans to tackle air pollution and save environment

How FM plans to tackle air pollution and save environment

Rediff.com1 Feb 2021

The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.

'Budget is growth-oriented, part populist & investment friendly'

'Budget is growth-oriented, part populist & investment friendly'

Rediff.com28 Feb 2015

Experts hail Budget 2015 as a progressive, growth oriented one.

'We are not going back to licence raj'

'We are not going back to licence raj'

Rediff.com18 Sep 2023

'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'

How the Budget could improve the lot of Indian cities

How the Budget could improve the lot of Indian cities

Rediff.com22 Jan 2018

There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.

Budget gets a thumbs-up from the industry

Budget gets a thumbs-up from the industry

Rediff.com10 Jul 2014

The captains of Indian industry described Narendra Modi government's maiden budget as one with "the right intent and in the right direction".

Budget 2016: Dalal Street demands industry status

Budget 2016: Dalal Street demands industry status

Rediff.com8 Feb 2016

Demand among several pre-Budget representation by BSE Brokers' forum

Budget has set ambitious goals, clear vision

Budget has set ambitious goals, clear vision

Rediff.com3 Mar 2015

The Budget decides to take the lead in revving up infrastructure.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

Budget 2012: Maruti, Honda, M&M to raise vehicle prices

Budget 2012: Maruti, Honda, M&M to raise vehicle prices

Rediff.com16 Mar 2012

Finance Minister Pranab Mukherjee on Friday announced raising of excise duty to 12 per cent from 10 per cent at present.

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rediff.com21 Oct 2022

The 42-year-old is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback. Third placed in what is emerging as a three-way contest is Leader of the Commons Penny Mordaunt, who had polled third in the first round of parliamentary votes to shortlist candidates for the last leadership race.

EPFO may appoint fund managers, raise pension age next month

EPFO may appoint fund managers, raise pension age next month

Rediff.com25 Feb 2015

A formal sector worker can contribute towards pension scheme till the age of 58.

Jai Ram Thakur elected leader of BJP legislative party in Himachal

Jai Ram Thakur elected leader of BJP legislative party in Himachal

Rediff.com25 Dec 2022

Former chief minister Jai Ram Thakur, who was on Sunday elected the leader of the Bharatiya Janata Party legislative party in Himachal Pradesh, hit out at the Congress, alleging its government was failing to deliver on poll promises and leaders were moving in different directions.

Secret behing the success of Indian Bank

Secret behing the success of Indian Bank

Rediff.com20 Feb 2023

Indian Bank expects recoveries to be more than slippages in this financial year, which will result in improved asset quality.

Budget is credible but badly packaged

Budget is credible but badly packaged

Rediff.com1 Mar 2016

As for structural reform, there are signs if one looks hard enough.

Indian wealth managers rush in as foreign players exit

Indian wealth managers rush in as foreign players exit

Rediff.com25 Feb 2016

Experts say a lot of new wealth is being generated by promoters selling their stake.

Mutual fund investors to gain from Budget sops

Mutual fund investors to gain from Budget sops

Rediff.com3 Mar 2016

Investors were stuck in old schemes though they were suspended because of tax implications.

US budget deficit to come down to $583 billion in 2014

US budget deficit to come down to $583 billion in 2014

Rediff.com12 Jul 2014

US budget deficit to come down to $583 billion in 2014