News for 'Standing Committee on Finance'

Modi has become a great reformer

Modi has become a great reformer

Rediff.com18 May 2020

Whether it took the corona crisis to bring about the transformation, or otherwise, the change ought to be welcome, notes Virendra Kapoor.

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.

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.

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.

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.

Pak bans JuD, FIF; arrests JeM chief Masood Azhar's brother

Pak bans JuD, FIF; arrests JeM chief Masood Azhar's brother

Rediff.com5 Mar 2019

According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.

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.

'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?'

British PM rebukes Trump for 'loser terrorist' tweet

British PM rebukes Trump for 'loser terrorist' tweet

Rediff.com15 Sep 2017

"I never think it's helpful for anybody to speculate on what is an ongoing investigation," May said.

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.

On 135th foundation day, Cong vows to fight NRC, CAA

On 135th foundation day, Cong vows to fight NRC, CAA

Rediff.com28 Dec 2019

The leaders alleged that those who had no contribution in the freedom struggle wanted to spread fear 'in the name of nationalism', suppress the voice of people and were questioning the legacy of Congress.

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

Absolutely convinced that PM is corrupt: Rahul

Absolutely convinced that PM is corrupt: Rahul

Rediff.com22 Sep 2018

The prime minister must clear his stand on the Rafale deal after Hollande's remarks, he said.

Can Sitharaman get the defence dinosaur moving?

Can Sitharaman get the defence dinosaur moving?

Rediff.com13 Sep 2017

The defence minister has 20 months to learn the military's ethos, culture and to publicly bat for an organisation that feels increasingly marginalised and underappreciated.

Policy for strategic sale in place; PSUs to sell idle assets

Policy for strategic sale in place; PSUs to sell idle assets

Rediff.com29 Feb 2016

For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.

Why Kerala can never forget the Flood of '99

Why Kerala can never forget the Flood of '99

Rediff.com24 Aug 2018

Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.

EC seeks Centre's response on petitions to defer Union Budget

EC seeks Centre's response on petitions to defer Union Budget

Rediff.com7 Jan 2017

Chief Election Commissioner Nasim Zaidi has written to Cabinet Secretary P K Sinha who is likely to consult the parliamentary affairs ministry before framing his response on the government's plans to advance the budget presentation to February 1, sources said.

RBI Guv: Choose a professional, not a Sangh Parivar loyalist

RBI Guv: Choose a professional, not a Sangh Parivar loyalist

Rediff.com30 Jun 2016

The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.

COVID-19 can reset wrongs done to invisible millions

COVID-19 can reset wrongs done to invisible millions

Rediff.com23 Jun 2020

'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.

Why bank chiefs are worried about their pay structure

Why bank chiefs are worried about their pay structure

Rediff.com29 Mar 2019

The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.

After robberies, banks stop cash transactions in south Kashmir

After robberies, banks stop cash transactions in south Kashmir

Rediff.com6 May 2017

The cash transactions have been stopped at the branches belonging to the Jammu and Kashmir Bank and Ellaquai Dehati Bank.

The NPA problem: 'There is no silver bullet'

The NPA problem: 'There is no silver bullet'

Rediff.com24 May 2017

Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.

Steps to broaden govt securities' market in coming weeks: Rajan

Steps to broaden govt securities' market in coming weeks: Rajan

Rediff.com15 Nov 2013

A 13-member group, headed by RBI Executive Director R Gandhi, has made various recommendations on G-Sec market, retail participation and interest rate derivatives market.

Trade unions stick to September 2 strike, reject govt's wage hike

Trade unions stick to September 2 strike, reject govt's wage hike

Rediff.com30 Aug 2016

Trade unions said Jaitley's minimum wage announcement is completely inadequate

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.

BCCI backs ICC revamp plan

BCCI backs ICC revamp plan

Rediff.com23 Jan 2014

Set to benefit immensely from the structural overhaul of the ICC, the BCCI today unanimously backed the plan which would cede executive decision-making in world cricket to India, Australia and England.

'Bad banks' make a comeback

'Bad banks' make a comeback

Rediff.com9 Jun 2018

The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.

'The economy is reviving, foreign investors are favouring India'

'The economy is reviving, foreign investors are favouring India'

Rediff.com7 Oct 2014

Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.

'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.

India's homoeopathic state of mind

India's homoeopathic state of mind

Rediff.com11 Oct 2017

A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.

ICC could not have found a better leader than Srinivasan, says BCCI

ICC could not have found a better leader than Srinivasan, says BCCI

Rediff.com26 Jun 2014

The Board of Control for Cricket in India congratulated its president-in-exile N Srinivasan for being elected as the first chairman of the ICC, saying there could not have been a better person for the position.

Sushma-Lalit Modi row: Did PM tacitly help a fugitive, asks Congress

Sushma-Lalit Modi row: Did PM tacitly help a fugitive, asks Congress

Rediff.com15 Jun 2015

Congress charged the entire BJP and the government with "aiding and abetting" Lalit Modi, a fugitive.

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.

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.'

2014-15 a year of financial sector reforms

2014-15 a year of financial sector reforms

Rediff.com31 Mar 2015

The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.

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.

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.

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

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...'