News for 'Standing Committee of Finance'

Challenges before Vikram Limaye, the first outsider to head NSE

Challenges before Vikram Limaye, the first outsider to head NSE

Rediff.com20 Jul 2017

On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.

RIL's wait for higher gas price to get longer

RIL's wait for higher gas price to get longer

Rediff.com12 Oct 2013

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

Budget: Small taxpayers are big gainers

Budget: Small taxpayers are big gainers

Rediff.com1 Mar 2016

Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.

Tax demand on Vodafone, Cairn cannot be disputed: CBDT

Tax demand on Vodafone, Cairn cannot be disputed: CBDT

Rediff.com1 Mar 2016

Finance Minister Arun Jaitley, in his Budget speech on Monday, announced a new dispute resolution mechanism for such companies who are in confrontation with the taxman's action.

Four key lessons to revamp the ailing Railways

Four key lessons to revamp the ailing Railways

Rediff.com23 Feb 2015

Railways must pull back its share of freight traffic.

'Congress manifesto dangerous and unimplementable'

'Congress manifesto dangerous and unimplementable'

Rediff.com2 Apr 2019

The Finance Minister and senior party leader Arun Jaitley said the Congress does not deserve "even a single vote" for its promises, such as doing away with sedition law.

Xi, Modi have plan to avoid future Doklams

Xi, Modi have plan to avoid future Doklams

Rediff.com25 Oct 2017

'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'

GST: Who will assess the companies?

GST: Who will assess the companies?

Rediff.com4 Aug 2016

The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.

Despite the cut, EPF rate is still substantial

Despite the cut, EPF rate is still substantial

Rediff.com20 Dec 2016

'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'

Forget Rs 200 crore, Adanis can only be fined Rs 1 lakh now

Forget Rs 200 crore, Adanis can only be fined Rs 1 lakh now

Rediff.com7 Jul 2016

In its final order, the environment ministry had concluded that the upfront payment of Rs 200 crore as Environment Restoration Fund for violations and damage done was not permitted under the Environment Protection Act. Consequent to this order, the penalty that could be imposed on any confirmation of violation in the future is a maximum of Rs 1 lakh.

Unfazed by PSU banks' losses, Jaitley promises more funds

Unfazed by PSU banks' losses, Jaitley promises more funds

Rediff.com6 Jun 2016

Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.

Urjit Patel's resignation highlights risks to RBI's policy priorities: Fitch

Urjit Patel's resignation highlights risks to RBI's policy priorities: Fitch

Rediff.com12 Dec 2018

Fitch said the full implications of Patel's resignation will only become clearer once there is some indication of the RBI's policy approach under his replacement, Shaktikanta Das

The most powerful PMO in India's history

The most powerful PMO in India's history

Rediff.com10 Oct 2017

From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.

Did SA govt bribe FIFA's ex-official Warner to get 2010 World Cup hosting rights?

Did SA govt bribe FIFA's ex-official Warner to get 2010 World Cup hosting rights?

Rediff.com5 Jun 2015

According to reports across media, then president Thabo Mbeki and foreign minister Nkosazana Dlamini-Zuma approved the payment which the authorities again insisted on Friday was for a legitimate development project in the Caribbean.

'How can we go back to FTII without our demands being met?'

'How can we go back to FTII without our demands being met?'

Rediff.com31 Jul 2015

I&B ministry refuses to respond to striking FTII students, who insist that Gajendra Chauhan has to go.

A dummy's guide to GST

A dummy's guide to GST

Rediff.com4 Aug 2016

Here's everything you need to know about the Goods and Services Tax Bill.

Pressure on Azam Khan to apologise for sexist remarks

Pressure on Azam Khan to apologise for sexist remarks

Rediff.com26 Jul 2019

Speaker Om Birla he will hold a meeting with leaders of all parties and then take a decision.

Explained: What the RBI is telling banks

Explained: What the RBI is telling banks

Rediff.com25 May 2020

'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.

Foreign aid for Kerala: Union minister appeals to make 'one-time exception'

Foreign aid for Kerala: Union minister appeals to make 'one-time exception'

Rediff.com23 Aug 2018

National Disaster Management Authority had in 2016 suggested assistance offered as a goodwill gesture 'may' be accepted.

EXPLAINED: How chit fund scams work

EXPLAINED: How chit fund scams work

Rediff.com12 Feb 2019

'Around 15 crore poor people have lost their money.'

What to do when the taxman pops up online

What to do when the taxman pops up online

Rediff.com7 Mar 2016

Any company resident in a country has to pay both indirect taxes as well as Income Tax.

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

'Stench' of Nassar scandal will dog USA Gymnastics for years

'Stench' of Nassar scandal will dog USA Gymnastics for years

Rediff.com26 Jan 2018

The scandal stemming from longtime USA Gymnastics doctor Larry Nassar's sexual abuse of young female athletes could take a financial toll on the sports federation for years, sponsorship executives said.

GST transitional issues: What more needs to be done

GST transitional issues: What more needs to be done

Rediff.com6 Jun 2017

An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails

The big hits and misses from Modi's cabinet

The big hits and misses from Modi's cabinet

Rediff.com5 Dec 2015

A brief report card on Modi's ministers.

Rajya Sabha washed out over currency notes issue

Rajya Sabha washed out over currency notes issue

Rediff.com8 Aug 2017

Congress forced four adjournments of the proceedings in the RS over what it called as 'biggest scam of this century'.

Sonia charges PM Modi with making 'blatant U-turn' on transparency

Sonia charges PM Modi with making 'blatant U-turn' on transparency

Rediff.com6 May 2015

Congress President Sonia Gandhi on Wednesday attacked Prime Minister Narendra Modi for his "blatant U-turn" on the issue of transparency.

No Sir! The Oscars weren't boring at all!

No Sir! The Oscars weren't boring at all!

Rediff.com5 Mar 2018

'The way the winners react and the speeches they deliver.' 'That is where the fun happens, when the actors and other winners let down their guard, challenge the system, talk about issues that should matter to us,' says Aseem Chhabra.

Pvt bankers can apply for top jobs at govt banks

Pvt bankers can apply for top jobs at govt banks

Rediff.com26 Feb 2015

The Finance Ministry has invited private sector bankers.

JPC report on 2G tabled in LS amid din, DMK walks out

JPC report on 2G tabled in LS amid din, DMK walks out

Rediff.com9 Dec 2013

The controversial report of the JPC, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Monday tabled in Lok Sabha amid pandemonium.

Stalemate continues as OPS camp sticks to demand

Stalemate continues as OPS camp sticks to demand

Rediff.com24 Apr 2017

The OPS-led faction said the rival camp headed by Tamil Nadu Chief Minister K Palaniswami was 'in a state of confusion'..

RBI keeps repo rate unchanged at 6.5%

RBI keeps repo rate unchanged at 6.5%

Rediff.com5 Dec 2018

RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%

DDCA inquiry was pressured to name a certain 'VIP' says probe panel chief

DDCA inquiry was pressured to name a certain 'VIP' says probe panel chief

Rediff.com11 Jan 2016

The DDCA probe panel chief has informed the Centre that he was under "pressure" for naming some individuals, including a "VIP", in his report on the cricket body's affairs.

It's still a man's world, women sidelined in India Inc

It's still a man's world, women sidelined in India Inc

Rediff.com4 Sep 2015

When it comes to key hands-on management positions, India Inc is still largely run by men.

What the Raksha Mantri needs to do

What the Raksha Mantri needs to do

Rediff.com4 Sep 2017

'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).

Rio Olympic: 1st allegation of corruption crops up

Rio Olympic: 1st allegation of corruption crops up

Rediff.com18 Dec 2015

In the first allegation of corruption linked to next year's Olympics in Rio de Janeiro, Epoca magazine reported that construction company Carioca Engenharia allegedly bribed the speaker of the lower house of Congress in order to secure funds for a massive port area regeneration project.

Chennai turns into an island, thousands rendered homeless; more rains predicted

Chennai turns into an island, thousands rendered homeless; more rains predicted

Rediff.com3 Dec 2015

Chennai on Wednesday turned a virtual island after unprecedented rains in 100 years pounded the city, shutting the airport and rendering thousands homeless.

CPEC: How Pakistan is losing out to China

CPEC: How Pakistan is losing out to China

Rediff.com10 Apr 2017

'The accusation that Pakistan risks losing sovereignty to China is emotive and has the potential to spread.' 'China will, however, remain intent on achieving its strategic ambitions of acquiring Gwadar port and securing a large chunk of Pakistan occupied Kashmir,' says former RA&W officer Jayadeva Ranade.

Govt goes all out to woo investors

Govt goes all out to woo investors

Rediff.com28 May 2014

On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.

Sebi wants govt banks as 'public' shareholders in stock exchanges

Sebi wants govt banks as 'public' shareholders in stock exchanges

Rediff.com19 Mar 2014

The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.