News for 'Office of Management and Budget'

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.

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!

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.

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.

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.

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 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.

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.

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 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.'

Budget: Here's what the industry leaders have to say

Budget: Here's what the industry leaders have to say

Rediff.com10 Jul 2014

The industry's reactions to the Budget have been mixed.

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.

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.

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.

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.

'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.'

All the Prime Minister's officers

All the Prime Minister's officers

Rediff.com16 Aug 2016

The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.

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.

Visionary Budget but devil lies in the implementation

Visionary Budget but devil lies in the implementation

Rediff.com2 Mar 2015

The government has provided a long-term vision.

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.

Golden tips to manage your money this new financial year

Golden tips to manage your money this new financial year

Rediff.com4 Apr 2016

If new goals have emerged, this is the time to make fresh investments.

Sitharaman bets big on infra spending to take highway to growth

Sitharaman bets big on infra spending to take highway to growth

Rediff.com1 Feb 2022

While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.

Hiring by e-commerce firms set to rise in 2022

Hiring by e-commerce firms set to rise in 2022

Rediff.com30 Dec 2021

From a location perspective, the last quarter saw Kolkata and Gurgaon as top regions for employment in these sectors and among roles, sales and office services stood out.

Leave Encashment: What You Must Know

Leave Encashment: What You Must Know

Rediff.com17 Feb 2023

'The number of leave accumulated sometimes goes up to 300.' 'The encashed amount is equivalent to almost 10 months' salary.'

Prabhu managed to save Indian Railways from being derailed

Prabhu managed to save Indian Railways from being derailed

Rediff.com22 Dec 2015

The 7th Pay Commission recommendations are a major challenge for the Railways.

Bengaluru incident: Go First grounds staff after DGCA notice

Bengaluru incident: Go First grounds staff after DGCA notice

Rediff.com10 Jan 2023

Aviation regulator Directorate Genral of Civil Aviation (DGCA) on Tuesday issued a show cause notice to Go First for 'multiple mistakes' that led to 55 Delhi flight passengers being left behind in a coach at Bangalore airport on Monday and the budget airline has apologised for the incident, saying it happened due to inadvertent oversight in reconciliation.

'Sonakshi, Huma gained 15 to 18 kilos'

'Sonakshi, Huma gained 15 to 18 kilos'

Rediff.com7 Nov 2022

'It was easy for them to gain weight.'

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."

Indian-Americans taking over US, says Biden

Indian-Americans taking over US, says Biden

Rediff.com5 Mar 2021

Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.

'Struggle Teaches You More Than Success'

'Struggle Teaches You More Than Success'

Rediff.com22 Nov 2022

'Struggle can be hard, difficult or smooth, but it is the period that defines your future and makes you who you are.'

How Will Gold Perform In 2023?

How Will Gold Perform In 2023?

Rediff.com2 Jan 2023

Given the prevailing uncertainties, investors must maintain a 10-15 per cent allocation to gold in 2023.

What Today's Millennials Want From Govt

What Today's Millennials Want From Govt

Rediff.com12 Feb 2022

Tax benefit on WFH expenses, regulatory clarity on cryptos figure high on their wish list.

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

Many firsts as Justice Chandrachud completes 100 days as CJI

Many firsts as Justice Chandrachud completes 100 days as CJI

Rediff.com16 Feb 2023

Chief Justice of India (CJI) D Y Chandrachud's first 100 days in office saw the Supreme Court take a giant leap towards reforms, especially making courts more technology-friendly, and ensuring relatively fast judicial appointments including those of eight judges to the apex court.

'We are not worried about Raabta's box office'

'We are not worried about Raabta's box office'

Rediff.com8 Jun 2017

'Some asked why Budapest?' 'I had two relatively new actors and a limited budget; Budapest gives you a rebate.' 'We have spent around Rs 32, 33 crores, which is very good.'

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

Investors bet big on cyclicals as economic recovery gathers pace

Investors bet big on cyclicals as economic recovery gathers pace

Rediff.com18 Feb 2021

sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.

Can Chidambaram keep his Budget team together?

Can Chidambaram keep his Budget team together?

Rediff.com17 Dec 2012

In less than five months of resuming charge of the finance ministry, Palaniappan Chidambaram has put in place virtually a new team to take charge of the government's fiscal policy management in the remaining months of its tenure. Will the celebrated economists and IAS officers share the required equation remains to be seen.