News for 'Standing Committee on Finance'

Not allowed to speak, BJP MLA stands on Delhi assembly bench

Not allowed to speak, BJP MLA stands on Delhi assembly bench

Rediff.com10 Jun 2016

Gupta was demanding that a fact-finding committee report on an alleged water tanker scam during Sheila Dikshit's tenure be made public and a calling attention motion on the matter. Speaker Ram Niwas Goel rejected the demand.

RBI Governor Is A Trapeze Artist

RBI Governor Is A Trapeze Artist

Rediff.com28 Dec 2022

Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay.

PSB reforms only on paper; 10 don't even have chairman

PSB reforms only on paper; 10 don't even have chairman

Rediff.com10 Aug 2021

The talk of governance reforms at public-sector banks seems to remain on paper, as a majority of them continue to be working with just a handful board members. Half of the board seat at these banks have been vacant. Ten of the 12 public-sector banks, even large ones like Punjab National Bank, Canara Bank and Union Bank of India - all except State Bank of India (SBI) and Bank of Baroda - don't even have a chairman. In 2014, while splitting the post of chairman & managing director (CMD), the government had decided to appoint non-executive chairmen at these banks. SBI, which has an executive chairman and four managing directors, was an exception.

Tax panel seeks major changes to reassessment rules

Tax panel seeks major changes to reassessment rules

Rediff.com20 Aug 2019

The I-T officer can go back up to six years to scrutinise the books of accounts of the assessees.

Goodbye over, govt looks at future plans

Goodbye over, govt looks at future plans

Rediff.com20 Jun 2016

With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.

Govt tries to break Oppn ranks on Insurance Bill

Govt tries to break Oppn ranks on Insurance Bill

Rediff.com5 Aug 2014

The government is making behind-the-scenes offers to other parties in a bid to break them but as long as the Congress is firm on the decision, there is little that the government can achieve on the Insurance Bill.

Pak wants vegetables, other edible items from India

Pak wants vegetables, other edible items from India

Rediff.com29 Aug 2022

Pakistan's Finance Minister Miftah Ismail on Monday said the government can consider importing vegetables and other edible items from India following the destruction of standing crops due to massive floods, three years after Islamabad downgraded trade ties with New Delhi over the Kashmir issue.

Australia topple India as ICC tweaks WTC rules

Australia topple India as ICC tweaks WTC rules

Rediff.com20 Nov 2020

The change in WTC rule, prompted by the disruption caused by the COVID-19 pandemic, allowed Australia (82.22%) to leapfrog India (75) to the top of the standings

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Rediff.com30 Sep 2022

Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.

Three-year term is short for RBI Governor: Rajan

Three-year term is short for RBI Governor: Rajan

Rediff.com30 Jun 2016

Raghuram Rajan, whose current three-year tenure ends on September 4, has already said no to a second term.

Implementation of tax reforms unlikely before 2016

Implementation of tax reforms unlikely before 2016

Rediff.com23 Dec 2013

Years of wait before DTC, GST are rolled out

All political parties are in favour of freebies: SC

All political parties are in favour of freebies: SC

Rediff.com23 Aug 2022

The bench said it has to balance the equity and it was not against any policy of the government or the scheme.

Investors pushing back more on top executive pay hikes

Investors pushing back more on top executive pay hikes

Rediff.com28 Jul 2022

Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.

Tharoor stands by 'Hindu Pak' remark; Cong urges caution, BJP seeks apology

Tharoor stands by 'Hindu Pak' remark; Cong urges caution, BJP seeks apology

Rediff.com12 Jul 2018

The ruling party sharply countered the comment, saying the Congress had "demeaned and defamed" Hindus of India.

Parliament's Budget session to begin on February 23

Parliament's Budget session to begin on February 23

Rediff.com30 Jan 2015

Budget session will begin on February 23 and conclude on May 8

NCLT to get a boost with more staff, Benches

NCLT to get a boost with more staff, Benches

Rediff.com17 Mar 2020

The government is also planning to set up specialised Benches for competition law to reduce the burden of the appellate tribunal, which is referred to on all matters from company law and IBC to competition law and the national financial reporting authority.

Bharat Jodo Yatra at J-K's Samba under tight security after Jammu twin blasts

Bharat Jodo Yatra at J-K's Samba under tight security after Jammu twin blasts

Rediff.com22 Jan 2023

The Congress said the foot march, being led by party leader Rahul Gandhi, will proceed according to its schedule and reach Jammu on Monday afternoon.

Inflation targeting: Rajan's stance risks stand-off with govt

Inflation targeting: Rajan's stance risks stand-off with govt

Rediff.com9 Aug 2014

Reserve Bank of India (RBI) Governor Raghuram Rajan has set himself a target of lowering consumer inflation and is even ready to raise rates to achieve it, risking friction with the new government, if he is seen as overstepping.

Modi pays tribute to Abe Shinzo at state funeral, meets Kishida

Modi pays tribute to Abe Shinzo at state funeral, meets Kishida

Rediff.com27 Sep 2022

Prime Minister Narendra Modi on Tuesday offered a floral tribute to former Japanese premier Shinzo Abe at his state funeral in Tokyo.

A Budget With An Eye On Elections

A Budget With An Eye On Elections

Rediff.com10 Feb 2023

Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.

Rs 19,000 cr black money detected in ICIJ, HSBC cases

Rs 19,000 cr black money detected in ICIJ, HSBC cases

Rediff.com21 Jul 2017

Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.

How to get Parliament to debate the Budget

How to get Parliament to debate the Budget

Rediff.com20 Apr 2018

Let there be a rule that if the Budget is not passed and funds cannot be drawn from the Consolidated Fund of India, there will be a government shutdown as it happens in the United States, says A K Bhattacharya.

Budget session likely in second week of July

Budget session likely in second week of July

Rediff.com13 Jun 2014

The Budget session of the 16th Lok Sabha will begin in the second week of July, revealed Parliamentary Affairs Minister Venkaiah Naidu on Thursday.

Bhupendra strikes conciliatory note with Nitin Patel ahead of swearing-in

Bhupendra strikes conciliatory note with Nitin Patel ahead of swearing-in

Rediff.com13 Sep 2021

Gujarat Deputy Chief Minister Nitin Patel on Monday said he was not unhappy with the Bharatiya Janata Party's decision to select Bhupendra Patel as the state's next chief minister, soon after the CM-designate met him at his residence in Ahmedabad in the morning.

Why e-commerce policy may not take shape this year

Why e-commerce policy may not take shape this year

Rediff.com26 Sep 2018

The final policy may be out only after formation of the new government, according to sources

Race to replace UK PM Johnson gains pace after Sunak's announcement

Race to replace UK PM Johnson gains pace after Sunak's announcement

Rediff.com9 Jul 2022

Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.

China approves 3-child policy with sops

China approves 3-child policy with sops

Rediff.com20 Aug 2021

The decision to permit the third child came after this month's once-in-a-decade census showed that China's population grew at the slowest pace to 1.412 billion amid official projections that the decline may begin as early as next year.

House panel raps FinMin over dated NPA data

House panel raps FinMin over dated NPA data

Rediff.com17 Jan 2014

RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.

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.

EC tells SC it can't be part of panel on freebies

EC tells SC it can't be part of panel on freebies

Rediff.com11 Aug 2022

The poll panel also referred to the reported strong oral observations of the top court against it during the last hearing on the PIL on the issue, saying they have "caused irreparable damage to the reputation of this institution built over the years".

AP Assembly suspends 22 MLAs for 2 days

AP Assembly suspends 22 MLAs for 2 days

Rediff.com17 Jun 2013

Twenty two legislators belonging to the Telangana Rashtra Samithi and the Bharatiya Janata Party along with two independent MLAs associated with them were on Monday suspended from the Andhra Pradesh assembly for two days for constantly disrupting proceedings of the House on the Telangana statehood issue.

Budget Session likely to begin from January 31

Budget Session likely to begin from January 31

Rediff.com4 Jan 2017

The early tabling of the financial Budget ends a 70-year tradition.

Par panel calls for review of Rangarajan gas price formula

Par panel calls for review of Rangarajan gas price formula

Rediff.com18 Dec 2013

The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.

Top jurists want change in collegium system

Top jurists want change in collegium system

Rediff.com29 Jul 2014

Several top jurists on Monday pushed for scrapping the existing collegium system where judges appoint judges but government's plans to bring a bill to make the process of appointments more transparent may take some more time.

Govt to seeks jurists' views on bill to scrap collegium system

Govt to seeks jurists' views on bill to scrap collegium system

Rediff.com27 Jul 2014

Displaying earnest, government will seek the views of jurists and former judges on the proposed Judicial Appointments Commission bill it plans to bring in Parliament to replace the present collegium system where judges appoint judges.

Clause 6 of Assam Accord cannot be implemented: BJP leader Himanta

Clause 6 of Assam Accord cannot be implemented: BJP leader Himanta

Rediff.com17 Feb 2021

Senior Assam minister Himanta Biswa Sarma on Wednesday said the government cannot implement the recommendations of the central panel on Clause 6 of the Assam Accord, as those are "far from legal reality".

RBI working overtime to meet Rajan's licence deadline

RBI working overtime to meet Rajan's licence deadline

Rediff.com30 Sep 2013

After the screening, the shortlisted candidates will be vetted by an external committee, to be headed by former RBI governor, Bimal Jalan.

Swamy seeks suspension of India-Abu Dhabi air pact

Swamy seeks suspension of India-Abu Dhabi air pact

Rediff.com11 Jul 2013

Janata Party chief Subramanian Swamy on Thursday sought suspension of the new bilateral air services agreement between India and Abu Dhabi, saying prima facie it appeared to be linked with Jet-Etihad deal.

Can't leave too many people out of tax net: Parthasarathi Shome

Can't leave too many people out of tax net: Parthasarathi Shome

Rediff.com31 Jul 2013

Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.

Meet the 3 experts appointed by SC in Pegasus probe

Meet the 3 experts appointed by SC in Pegasus probe

Rediff.com27 Oct 2021

Three experts on cyber security, digital forensics, networks and hardware were roped in by the Supreme Court on Wednesday to "enquire, investigate and determine" whether Pegasus spyware was used for snooping on citizens and their probe would be monitored by former apex court judge R V Raveendran.