News for 'Office of Management and Budget'

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".

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 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.

In ChatGPT's shadow, India readies for aggressive AI play

In ChatGPT's shadow, India readies for aggressive AI play

Rediff.com11 Mar 2023

The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.

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.

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 Movies From Around The World

2023's Must Watch Movies From Around The World

Rediff.com26 Dec 2023

2023 was a good year for international cinema with many strong films premiering at the Berlin, Cannes, Venice and Toronto film festivals.

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.

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 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.

Genpact CEO: 'We are investing $600 million over three years in AI'

Genpact CEO: 'We are investing $600 million over three years in AI'

Rediff.com7 Oct 2023

'AI is not a new thing for us. We started our AI journey in 2015.'

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

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.

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.

'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.'

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.

10 Films: Indian Cinema At Its Best

10 Films: Indian Cinema At Its Best

Rediff.com27 Dec 2023

Aseem Chhabra lists his favorite 2023 films -- a healthy blend of Bollywood, Hindi indies and some of the best work that is being done in Tamil, Malayalam, Kannada and Bengali cinema.

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.

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.

'We have great expectations from this Budget'

'We have great expectations from this Budget'

Rediff.com24 Feb 2015

Single window clearances for realty must.

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.

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.

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?

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.

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.

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.

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.

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.

'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.

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.

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.

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.

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.

'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.'

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.