News for 'Office of Management and Budget'

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.

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.

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.

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.

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?

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.

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.

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.

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.

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

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.

Rediff Q: Will this Budget be a gamechanger?

Rediff Q: Will this Budget be a gamechanger?

Rediff.com1 Feb 2017

Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.

Rescuing a threatened species -- the Manager

Rescuing a threatened species -- the Manager

Rediff.com27 Jan 2015

In leading companies in Information Age industries, the word "manager" is taking on a pejorative meaning -- something like "zamindar" -- a man who lived off other people's work and did no work himself, says Ajit Balakrishnan.

8 tax laws that CAs want changed in Budget 2017

8 tax laws that CAs want changed in Budget 2017

Rediff.com30 Jan 2017

The Institute of Chartered Accountants of India has shortlisted the changes it hopes to see in Budget 2017.

'Indian management control' clause still grey area for insurers

'Indian management control' clause still grey area for insurers

Rediff.com20 Mar 2015

The insurance sector is seeking clarity on the 'Indian management control' clause.

Kick-start likely for finance SEZs in Budget

Kick-start likely for finance SEZs in Budget

Rediff.com19 Feb 2015

Finance firms in these SEZs likely to get tax breaks.

'We have great expectations from this Budget'

'We have great expectations from this Budget'

Rediff.com24 Feb 2015

Single window clearances for realty must.

Lessons for the Finance Minister to present a transformative Budget

Lessons for the Finance Minister to present a transformative Budget

Rediff.com15 Feb 2016

Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.

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.

'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.'

All post offices to start working on new tech by 2015: FM

All post offices to start working on new tech by 2015: FM

Rediff.com17 Feb 2014

The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.

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.

'We compliment the FM for pro-India Budget'

'We compliment the FM for pro-India Budget'

Rediff.com28 Feb 2015

Gold assets are positive steps.

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.

'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.'

IndiGo names Pieter Elbers as new CEO, Ronojoy Dutta to retire on Sept 30

IndiGo names Pieter Elbers as new CEO, Ronojoy Dutta to retire on Sept 30

Rediff.com18 May 2022

The country's largest domestic budget carrier IndiGo on Wednesday announced the appointment of Pieter Elbers as its chief executive officer, replacing incumbent Ronojoy Dutta. Seventy-one year old Dutta, who came to helm the airline in January 2019, has decided to retire on September 30, after guiding the airline through the turbulent Covid period, IndiGo said in a statement. Elbers' appointment, which is subject to regulatory approvals, will be effective from on or before October 1, it said.

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

Rediff.com18 Feb 2022

Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.

Will GST manage to live up to expectations?

Will GST manage to live up to expectations?

Rediff.com10 Apr 2017

As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.

5G will make our cities smarter and society safer: Akash Ambani

5G will make our cities smarter and society safer: Akash Ambani

Rediff.com28 Feb 2023

5G ambulances will not just allow remote consultation, but would also be able to transit data and video to hospitals in real time, saving precious time for critical patients. 5G technology would also support the development of new educational applications, improve agriculture productivity, and aid search and rescue missions with high resolution cameras in disaster recovery zones.

Will KCR's BRS Make Any Impact In National Politics?

Will KCR's BRS Make Any Impact In National Politics?

Rediff.com24 Oct 2022

Maharashtra is the BRS' first target.

Discrepancies in CBI closure report in Jain's case: Vigilance

Discrepancies in CBI closure report in Jain's case: Vigilance

Rediff.com2 Jan 2023

The assistant director of the vigilance department had filed a written request before a special court, seeking two months' time to study the 'lacunae and discrepancies' in the CBI's closure report in the case to file an appropriate protest petition before it.

Gift city to be part of this year's Union Budget

Gift city to be part of this year's Union Budget

Rediff.com4 Feb 2015

The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.

4 smart ways to manage your home loan

4 smart ways to manage your home loan

Rediff.com8 Dec 2014

Start now, and sail through your tenure like a pro!

Brazil's President Rousseff loses impeachment vote, ousted from office

Brazil's President Rousseff loses impeachment vote, ousted from office

Rediff.com1 Sep 2016

Vice President Michel Temer was sworn in as new President.

'Event manager' Modi scores by shifting goalposts

'Event manager' Modi scores by shifting goalposts

Rediff.com31 Dec 2016

A scrutiny of the PM's statements in the last 12 weeks lays bare a stunning lack of homework for a policy that has affected each of the 1.25 billion people of India.

Akshay: Not doing films to break box office records

Akshay: Not doing films to break box office records

Rediff.com29 Apr 2015

The Gabbar Is Back star gets candid.

Moody's expresses doubts on higher revenue targets from tax, divestment

Moody's expresses doubts on higher revenue targets from tax, divestment

Rediff.com1 Feb 2021

Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment realisation as assumed in the Budget. The Union Budget 2021-22 has pegged a fiscal deficit of 9.5 per cent for the current financial year as against the consensus 7 per cent, and 6.8 per cent for 2021-22 with a market borrowing of around Rs 12 lakh crore. It also assumes Rs 1.75 lakh crore to be scooped up from divestment.

Indian crypto exchanges stay put in business after 'a year to forget'

Indian crypto exchanges stay put in business after 'a year to forget'

Rediff.com29 Dec 2022

The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.

Demonetisation = Up to 25% increase in monthly budget

Demonetisation = Up to 25% increase in monthly budget

Rediff.com29 Dec 2016

Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.