News for 'Standing Committee of Finance'

'Important for govt to accept economy is in distress'

'Important for govt to accept economy is in distress'

Rediff.com27 Jun 2019

'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'

I-T slaps notice on NDTV promoters' transactions

I-T slaps notice on NDTV promoters' transactions

Rediff.com27 Apr 2016

Promoter entity RRPR - owned by Prannoy and Radhika Roy - says allegations baseless; replies to queries by Sebi.

Govt to push insurance sector reforms despite opposition

Govt to push insurance sector reforms despite opposition

Rediff.com21 Dec 2014

Govt is keen to push reforms in the insurance sector.

Even Congress will back GST bill: Jaitley

Even Congress will back GST bill: Jaitley

Rediff.com16 May 2016

The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.

Next-level GST talks on Wednesday

Next-level GST talks on Wednesday

Rediff.com18 Aug 2014

States' demand of compensation from Centre for loss of tax revenue not on agenda.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

FinMin to hear industry groups' tax issues every Wednesday

FinMin to hear industry groups' tax issues every Wednesday

Rediff.com18 Jul 2013

The ministry has been receiving representations from chambers of commerce and industry associations on tax-related issues and disputes that affect the industry as a whole or impact a large sections of the industry.

Maruti urges Guj Gov to rework Hansalpur plant agreement

Maruti urges Guj Gov to rework Hansalpur plant agreement

Rediff.com5 Mar 2014

Maruti Suzuki is keen that the Gujrat government revises payment condition in the agreement it signed with the former for setting up a plant in Hansalpur.

Officers cold to oversight cadre, RBI faces staff turmoil

Officers cold to oversight cadre, RBI faces staff turmoil

Rediff.com27 Jan 2020

The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

'There will be no reservations'

'There will be no reservations'

Rediff.com5 Nov 2019

'Why don't they suggest artificial intelligence training for SC/STs?' 'Why can't they be trained in computer programming?'

Deadlock continues over AIADMK merger talks

Deadlock continues over AIADMK merger talks

Rediff.com29 Apr 2017

AIADMK-Amma led by Palaniswami accused the O Panneerselvam faction of "refusing" to come for talks.

Pranab Mukherjee: The president who could never be PM

Pranab Mukherjee: The president who could never be PM

Rediff.com31 Aug 2020

It was a many splendoured political career, which ended at the presidential palace. But the prime minister's post eluded him, even though it was a position he openly aspired for.

Modi government making calibrated bid to weaken democracy: Manmohan Singh

Modi government making calibrated bid to weaken democracy: Manmohan Singh

Rediff.com21 Nov 2018

"The rule of law is under attack. History shall never forgive our present generation if the situation is not changed," the former PM said.

GST rollout on July 1; deadline for filing tax returns extended by 2 months

GST rollout on July 1; deadline for filing tax returns extended by 2 months

Rediff.com18 Jun 2017

As per the revised return filing timeline decided by the Council, for July, the sale returns will have to be filed by September 5 instead of August 10. Companies will have to file sale invoice for August with the GST Network by September 20 instead of September 10 earlier.

Govt may reconvene Parliament to push through reforms

Govt may reconvene Parliament to push through reforms

Rediff.com25 Aug 2015

The government on Tuesday said it may reconvene Parliament's Monsoon Session to get key legislations, including the pending GST bill, passed, maintaining it has an "open mind" on amendments to reform measures even as it began consultations with leaders of opposition parties.

Govt gives Rs 42,000 crore relief to telcos

Govt gives Rs 42,000 crore relief to telcos

Rediff.com21 Nov 2019

The Cabinet approved giving Bharti Airtel, Vodafone Idea Ltd and Reliance Jio an option to avail of a two-year moratorium on payments they were supposed to make in yearly installments for the spectrum bought in auctions.

REVEALED: What went wrong with bank loans

REVEALED: What went wrong with bank loans

Rediff.com20 Jun 2018

'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.

No change on gas price hike decision: Moily

No change on gas price hike decision: Moily

Rediff.com11 Jul 2013

Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerapa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014.

Two major tasks for Sitharaman

Two major tasks for Sitharaman

Rediff.com13 Jun 2019

First, the Insolvency and Bankruptcy Code, much-lauded as a game changer, needs serious reform. Second, some vital policy choices would need to be made as far as competition law is concerned., says Somasekhar Sundaresan.

Assam: 'Unemployment is a great danger'

Assam: 'Unemployment is a great danger'

Rediff.com27 Feb 2021

'There are more young people in Assam who are unemployed than possibly anywhere else.'

Raghuram Rajan was 'forced to quit'

Raghuram Rajan was 'forced to quit'

Rediff.com19 Jun 2016

Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.

Expose 'arrogant' and 'petty' Modi sarkar, Sonia tells partymen

Expose 'arrogant' and 'petty' Modi sarkar, Sonia tells partymen

Rediff.com6 May 2015

A combative Congress President Sonia Gandhi on Wednesday mounted a blistering attack on Prime Minister Narendra Modi, accusing him of running a government "of some people, by one person for a select few" and said he has not much to showcase even as the government completes one year.

Sports Shorts: We will have Olympics next year, says Coates

Sports Shorts: We will have Olympics next year, says Coates

Rediff.com29 Jul 2020

Russia asks World Athletics to postpone decision on possible expulsion.

What would happen if 'Kashmir's law' was applied to India Inc

What would happen if 'Kashmir's law' was applied to India Inc

Rediff.com28 Apr 2017

When powers vested by the Finance Bill 2017 begin to get mildly used, fellow Indians living in the corporate bubble will get a faint whiff of what life can be like when you run a grocery store in the streets of Kashmir or the North East.

Is it right to curb RBI governor's autonomy?

Is it right to curb RBI governor's autonomy?

Rediff.com29 Jul 2015

Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.

RBI plays to script, holds interest rate, but cuts growth outlook

RBI plays to script, holds interest rate, but cuts growth outlook

Rediff.com4 Oct 2017

The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.

Revive public investment to improve biz climate: Eco Survey

Revive public investment to improve biz climate: Eco Survey

Rediff.com27 Feb 2015

India must improve business climate.

'Farm laws will have to be repealed'

'Farm laws will have to be repealed'

Rediff.com11 Feb 2021

'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'

Passing GST Bill in its present form makes no sense: Moily

Passing GST Bill in its present form makes no sense: Moily

Rediff.com3 Jul 2015

The Bill has already been passed by the Lok Sabha.

TDP to boycott GoM meet on AP bifurcation

TDP to boycott GoM meet on AP bifurcation

Rediff.com12 Nov 2013

"Our party has decided not to attend the meeting with the GoM. Our main demand is that the GoM engage all stakeholders, including the Joint Action Committees, from different regions of the state in talks on the issue and address all concerns," TDP senior leader Gali Muddukrishnama Naidu said in Hyderabad on Tuesday.

At 50, can AIADMK reinvent itself?

At 50, can AIADMK reinvent itself?

Rediff.com15 Oct 2021

The AIADMK's staying power is not in question, but it has to regain the winning streak. That will require its leaders and leadership to re-wire themselves, to be able to re-think situations in ways different from what they had been accustomed to, suggests Sathiya Moorthy.

RBI staff go on mass leave today

RBI staff go on mass leave today

Rediff.com19 Nov 2015

RBI wants periodic revision of the pensions for its retired employees.

A Phenomenon Called Pranab Mukherjee

A Phenomenon Called Pranab Mukherjee

Rediff.com31 Aug 2020

Ambassador Venu Rajamony, who served as press secretary to President Pranab Mukherjee during his tenure, salutes the statesman and political legend, who passed into the ages on Monday.

Farewell, AVR

Farewell, AVR

Rediff.com26 Feb 2018

One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.

Monsoon session could derail GST deadline

Monsoon session could derail GST deadline

Rediff.com7 Jul 2015

Chairman of the committee S S Ahluwalia has sought an extension.

When a Nobel Laureate comes to town!

When a Nobel Laureate comes to town!

Rediff.com14 Jan 2020

What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?

Hong Kong's COVID-19 lessons for the world

Hong Kong's COVID-19 lessons for the world

Rediff.com22 Apr 2020

'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.

Govt open to Cong's idea of ring-fencing GST rate

Govt open to Cong's idea of ring-fencing GST rate

Rediff.com10 Jul 2016

Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week

'Demonetisation was illegal'

'Demonetisation was illegal'

Rediff.com14 May 2018

'I want the prime minister to be punished because he put our country in difficulties as he took this decision without Cabinet approval.' 'When he had already ordered the printing of new currency notes on May 19, 2016, why did he tell lies to the country?'