News for 'State for Finance'

Modi convenes CCS meeting amid escalating tension after Iran attack

Modi convenes CCS meeting amid escalating tension after Iran attack

Rediff.com2 Mar 2026

Prime Minister Narendra Modi will chair a meeting of the Cabinet Committee of Security (CCS) in Delhi to discuss the global situation following the attack on Iran and the killing of Iranian Supreme Leader Ayatollah Ali Khamenei.

Delhi Police Crackdown: Woman Detained Under Anti-Drug Trafficking Law

Delhi Police Crackdown: Woman Detained Under Anti-Drug Trafficking Law

Rediff.com13 Mar 2026

Delhi Police have detained a 41-year-old woman, Sonia, under the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PIT-NDPS) Act for alleged drug trafficking.

IPO-bound Tata Capital bets on green energy financing, tech push for growth

IPO-bound Tata Capital bets on green energy financing, tech push for growth

Rediff.com3 Oct 2025

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday.

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Rediff.com28 Feb 2026

A Haryana government employee has been arrested in connection with the Rs 590 crore IDFC First Bank fraud case, which involved state government accounts and led to the recovery of nearly Rs 556 crore within 24 hours.

Punjab Budget Prioritises Security and Surveillance

Punjab Budget Prioritises Security and Surveillance

Rediff.com8 Mar 2026

The Punjab government has allocated Rs 11,577 crore to home affairs, justice, and jails in the 2026-27 budget, focusing on strengthening institutional capacity, technology-driven surveillance, and prison security.

Rajpal Yadav's sentence suspended in cheque bounce case

Rajpal Yadav's sentence suspended in cheque bounce case

Rediff.com18 Mar 2026

The Delhi High Court has extended the suspension of actor Rajpal Yadav's sentence in cheque bounce cases until April 1, acknowledging his 'substantial' payment towards the outstanding amount.

Iran's defence minister, Guards commander killed in US-Israel strikes: Report

Iran's defence minister, Guards commander killed in US-Israel strikes: Report

Rediff.com28 Feb 2026

A joint attack by the United States and Israel on Iran has triggered a massive military confrontation in the Middle-East.

19 US states sue Trump admin over new fee on H-1B visas

19 US states sue Trump admin over new fee on H-1B visas

Rediff.com13 Dec 2025

Nineteen United States states have sued the Trump administration over its 'unlawful' decision to impose a $100,000 fee on new H-1B visa petitions, warning that the move will worsen labour shortages in key sectors such as health care, education and technology.

Saini Targets Rivals, Courts OBCs in Punjab

Saini Targets Rivals, Courts OBCs in Punjab

Rediff.com1 Mar 2026

Haryana Chief Minister Nayab Singh Saini addressed the 'Saini Samaj' in Punjab, appealing to the OBC community ahead of the upcoming state elections. He criticized rival parties for neglecting OBCs and highlighted the BJP's commitment to their welfare.

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Rediff.com21 Feb 2026

The ruling is expected to have wide-ranging consequences for global trade, businesses, consumers, inflation trends and household finances across the country.

Budget hollow, directionless; ignoring people's hardships: Opposition

Budget hollow, directionless; ignoring people's hardships: Opposition

Rediff.com1 Feb 2026

The Congress party has strongly criticized the Union Budget, calling it 'lacklustre' and 'disappointing,' claiming it fails to address the needs of farmers, unemployed youth, and other key sectors.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Rediff.com28 Jan 2026

'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

Neither Israel Nor Iran Wants A Quick End To The War

Neither Israel Nor Iran Wants A Quick End To The War

Rediff.com23 Mar 2026

Israel wishes to continue its bombing campaign until Iran's military and industrial infrastructure are degraded to a point where it ceases to pose a threat to Israel. Iran, for its part, has learnt from its experience in the 12-day war of last June. Any ceasefire, it believes, will only be a prelude to another attack on itself. It is determined to convey that any attack on Iran will impose heavy costs on Israel, the US, America's allies in the Gulf -- and on the world at large, points out T T Ram Mohan.

F1 drops Bahrain, Saudi Arabia races over Middle East crisis

F1 drops Bahrain, Saudi Arabia races over Middle East crisis

Rediff.com15 Mar 2026

Formula One has cancelled the Bahrain and Saudi Arabian Grands Prix scheduled for April due to escalating Middle East tensions, reducing the 2026 F1 calendar from 24 to 22 races.

Overseas residents eligible to invest in Indian equities

Overseas residents eligible to invest in Indian equities

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment scheme.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

Sitharaman takes part in customary halwa ceremony

Sitharaman takes part in customary halwa ceremony

Rediff.com28 Jan 2026

Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for the preparation of the Union Budget 2026-27, to be unveiled on February 1 in the Lok Sabha.

Hyderabad: Money Lenders Arrested in Suicide Abetment Case

Hyderabad: Money Lenders Arrested in Suicide Abetment Case

Rediff.com2 Mar 2026

Four money lenders have been arrested in Hyderabad for allegedly abetting the suicide of a family of three due to harassment over loan repayment.

GST Council To Consider 5% GST For Air, Water Purifiers

GST Council To Consider 5% GST For Air, Water Purifiers

Rediff.com12 Jan 2026

Any reduction on purifiers would need consensus among state finance ministers.

Was Ajit preparing to quit the NDA?: Fadnavis on NCP merger

Was Ajit preparing to quit the NDA?: Fadnavis on NCP merger

Rediff.com1 Feb 2026

On reports of the BJP opposing the NCP merger, Fadnavis asserted that his party hasn't opposed anyone.

Sunetra Pawar Takes Charge

Sunetra Pawar Takes Charge

Rediff.com10 Feb 2026

Nationalist Congress Party leader Sunetra Pawar on Tuesday took charge as Maharshtra's deputy chief minister, a fortnight after her husband Ajit Pawar died in an air crash.

Sebi Alerts Investors to Fake STT Payment Demands

Sebi Alerts Investors to Fake STT Payment Demands

Rediff.com26 Feb 2026

Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Rediff.com5 Feb 2026

The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Rediff.com11 Feb 2026

'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Rediff.com5 Mar 2026

A Lenovo study reveals that Indian enterprises are planning to increase their investments in Artificial Intelligence (AI) at a higher rate than other countries in the Asia-Pacific region.

Sensex crashes over 1K points on selling in metal, IT stocks

Sensex crashes over 1K points on selling in metal, IT stocks

Rediff.com13 Feb 2026

Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to across-the-board selloff, especially in metal, IT and commodity stocks, tracking sluggish global markets.

Don't Expect Tax Relief In This Budget!

Don't Expect Tax Relief In This Budget!

Rediff.com27 Jan 2026

After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Rediff.com14 Oct 2025

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.

Budget: Where the rupee comes from, where it goes

Budget: Where the rupee comes from, where it goes

Rediff.com1 Feb 2026

Around 24 paise will come from borrowings and other liabilities, 10 paise from non-tax revenue like disinvestment, and 2 paise from non-debt capital receipts, the Budget documents showed.

Sunetra Pawar becomes Maharashtra's first woman deputy CM

Sunetra Pawar becomes Maharashtra's first woman deputy CM

Rediff.com31 Jan 2026

Sunetra Pawar, wife of late NCP leader Ajit Pawar, was sworn in as Maharashtra's first woman deputy Chief Minister after being elected as the leader of the NCP legislature wing.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

Stock markets end higher; ITC, banks lead recovery

Stock markets end higher; ITC, banks lead recovery

Rediff.com6 Feb 2026

Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Bengaluru Man Murdered; Woman and Two Others Arrested

Bengaluru Man Murdered; Woman and Two Others Arrested

Rediff.com2 Mar 2026

A man was found murdered in his Bengaluru home, and three individuals, including a woman involved in a relationship with the deceased, have been arrested in connection with the crime.

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the country's pharmaceuticals industry.

Why India's Japan Connection Is Important

Why India's Japan Connection Is Important

Rediff.com7 Mar 2026

In a region increasingly shaped by competition and coercion, such collaboration strengthens security without confrontation, builds capacity without dependency and promotes order without domination, points out Dr Kumar.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

Islamic State's 'finance chief' killed in coalition airstrike

Islamic State's 'finance chief' killed in coalition airstrike

Rediff.com11 Dec 2015

The finance chief of Islamic State has been killed in a United States-led coalition airstrike, an American military spokesperson said.