News for 'State for Finance'

When Will Vijay Smell The Coffee?

When Will Vijay Smell The Coffee?

Rediff.com10 Nov 2025

TVK cadres are worried, the leadership looks weak, and the party is not fully prepared for the 2026 elections, observes N Sathiya Moorthy.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

PSBs' share in household deposits falls to 63%; private banks gain ground

PSBs' share in household deposits falls to 63%; private banks gain ground

Rediff.com9 Sep 2025

Public sector banks (PSBs) have seen a sharp drop in household deposits from 70.6 per cent to 63 per cent in contrast with private banks, which witnessed a surge from 27.1 per cent to 34.1 per cent.

'We Carried BJP to Power, Now They Crush Us'

'We Carried BJP to Power, Now They Crush Us'

Rediff.com19 Nov 2025

'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'

Doctor kills wife by administering anaesthetic drug, arrested

Doctor kills wife by administering anaesthetic drug, arrested

Rediff.com16 Oct 2025

Despite being a doctor, Mahendra allegedly did not perform CPR. She was taken to a nearby hospital, where doctors declared her dead on arrival, Muni Reddy alleged. Postmortem and Forensic Science Laboratory (FSL) reports later confirmed the presence of anaesthetic substances in her organs, police said.

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'

How Your Grievances Can Be Fixed!

How Your Grievances Can Be Fixed!

Rediff.com14 Oct 2025

CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

Diwali bonanza! New GST reforms will lower tax burden, benefit small industries

Diwali bonanza! New GST reforms will lower tax burden, benefit small industries

Rediff.com15 Aug 2025

The finance ministry on Friday said it has proposed a two-slab GST rate structure to the Group of Ministers (GoM), along with special rates for select items.

Blue and grey-collar salaries in India rise 23% in two years

Blue and grey-collar salaries in India rise 23% in two years

Rediff.com30 Sep 2025

The salaries of India's blue- and grey-collar workforce have increased by 23 per cent over the past two years, reflecting the growing demand and opportunities for the skilled workforce, a report said on Tuesday.

Folks, The State Of The Indian Economy

Folks, The State Of The Indian Economy

Rediff.com31 Jan 2025

On Friday, January 31, 2025, Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-2025 in the Lok Sabha.

Bihar deputy CM lied to SC to escape 1995 mass murder trial: Prashant Kishor

Bihar deputy CM lied to SC to escape 1995 mass murder trial: Prashant Kishor

Rediff.com29 Sep 2025

Jan Suraaj Party founder Prashant Kishor alleges Bihar Deputy Chief Minister Samrat Choudhary escaped a murder trial by falsely claiming to be a minor. He demands Choudhary's dismissal and threatens to expose further financial irregularities.

Officials hint at 'political interests' behind Manipur ambush

Officials hint at 'political interests' behind Manipur ambush

Rediff.com5 Oct 2025

Security forces in Manipur have launched a major crackdown on the banned People's Liberation Army (PLA) following an ambush on an Assam Rifles convoy. Fifteen cadres have been arrested, including suspects directly involved in the attack. Investigations are underway to determine if the PLA has political patronage and if weapons looted during ethnic clashes are being used against security forces.

'Mahagathbandan Lost Steam After Vote Chori Campaign'

'Mahagathbandan Lost Steam After Vote Chori Campaign'

Rediff.com6 Nov 2025

'The campaign by the Mahagathbandan has failed to capture the imagination of the electorate given the fatigue factor with the Nitish government.'

Welfare over sops for industry: Mamata digs in ahead of polls

Welfare over sops for industry: Mamata digs in ahead of polls

Rediff.com26 Jun 2025

'The chief minister believes the poorest of the poor have the first right on government resources.'

Bajaj now third most valued finance group; overtakes SBI

Bajaj now third most valued finance group; overtakes SBI

Rediff.com30 Sep 2024

India's financial sector is dominated by large government-owned and private-sector banks.

After hotels, online travel portals come under GST lens

After hotels, online travel portals come under GST lens

Rediff.com18 Oct 2025

After issuing notices to hotels across the country for allegedly underpaying goods and services tax (GST) on restaurant services, the revenue department has now widened its scrutiny by seeking information from online travel platforms.

'I Can't Say On September 22, I Will Be With A Stick'

'I Can't Say On September 22, I Will Be With A Stick'

Rediff.com22 Sep 2025

'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'

Bihar polls or Trump tariffs?: Oppn on GST reforms

Bihar polls or Trump tariffs?: Oppn on GST reforms

Rediff.com4 Sep 2025

Victory wrested from regime that only listens when forced, the TMC said on GST exemption on insurance.

Sensex, Nifty end in red in volatile trade

Sensex, Nifty end in red in volatile trade

Rediff.com23 Sep 2025

Among Sensex firms, Trent, Tech Mahindra, Hindustan Unilever, UltraTech Cement, Asian Paints, Eternal and ITC were the major laggards. Selling in HDFC Bank and ICICI Bank also dragged the key indices. However, Axis Bank, Bajaj Finance, Maruti and State Bank of India were among the gainers.

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

Will The GST Cut Make A Difference?

Will The GST Cut Make A Difference?

Rediff.com22 Sep 2025

These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.

Sitharaman urges India Inc to invest more and expand capacities

Sitharaman urges India Inc to invest more and expand capacities

Rediff.com18 Sep 2025

Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.

Why The Americans Were Opposed To Agni

Why The Americans Were Opposed To Agni

Rediff.com6 Nov 2025

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'

'My God, The Number Of Meetings We Had On GST!'

'My God, The Number Of Meetings We Had On GST!'

Rediff.com22 Sep 2025

'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'

Don't buy Russian oil, impose tariff on China: Trump to NATO

Don't buy Russian oil, impose tariff on China: Trump to NATO

Rediff.com13 Sep 2025

Trump's post on Truth Social comes a day after the US asked G7 countries to impose tariffs on countries purchasing oil from Russia.

'Lost Rs 50L In Trading. HELP!'

'Lost Rs 50L In Trading. HELP!'

Rediff.com31 Oct 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

'India-US ties not criteria for New Delhi-Russia relations'

'India-US ties not criteria for New Delhi-Russia relations'

Rediff.com28 Sep 2025

Lavrov, who addressed the UN General Assembly shortly before External Affairs Minister S Jaishankar's speech at the high-level General Debate, said India and Russia share a "particularly privileged strategic partnership".

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

Modi won't bow down to foreign pressure: Putin on US tariffs

Modi won't bow down to foreign pressure: Putin on US tariffs

Rediff.com3 Oct 2025

Russian President Vladimir Putin announced his upcoming visit to India in December and expressed his intention to address the trade imbalance between the two countries, particularly concerning India's crude oil imports from Russia. He also lauded India's independent stance on international issues and highlighted the strong relationship between the two nations.

Passenger vehicle retails surge 35% during Navratri; total Sep sales grow 6%

Passenger vehicle retails surge 35% during Navratri; total Sep sales grow 6%

Rediff.com7 Oct 2025

Passenger vehicle retail sales shot up 35 per cent year-on-year during the nine-day Navratri period this year, helping the overall registrations last month grow 6 per cent, as offtakes remained muted in the first 21 days of the month and only took off after the roll-out of new GST rates on September 22, dealer' body FADA said on Tuesday.

Why Harsh Sanghvi Is So Important For Gujarat BJP

Why Harsh Sanghvi Is So Important For Gujarat BJP

Rediff.com21 Oct 2025

'He is a man of action and goes to the ground and solves the problem.' 'Be it the Air India crash of Ahmedabad, Morbi bridge collapse, Deesa blast or Gambhira bridge collapse, he is on the spot.'

Why Is Mehli Mistry Against Noel Tata?

Why Is Mehli Mistry Against Noel Tata?

Rediff.com8 Oct 2025

Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.

FinMin Raps PSBs on Property Doc Delays

FinMin Raps PSBs on Property Doc Delays

Rediff.com4 Aug 2025

State Bank of India has 18,000 pending cases and Bank of Baroda has around 1,000 cases.

Woman duped of Rs 3.75 crore with Jaggi Vasudev deepfake

Woman duped of Rs 3.75 crore with Jaggi Vasudev deepfake

Rediff.com11 Sep 2025

A retired woman in Bengaluru was allegedly defrauded of Rs 3.75 crore by scammers using an AI-generated deepfake video of spiritual leader Sadhguru Jaggi Vasudev to promote a fraudulent online trading platform.

No phone call between Modi and Trump on Russian oil: MEA

No phone call between Modi and Trump on Russian oil: MEA

Rediff.com17 Oct 2025

India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.

Maharashtra leads in FPO ease of doing business; MP loses crown

Maharashtra leads in FPO ease of doing business; MP loses crown

Rediff.com4 Sep 2025

Maharashtra has topped the list of states with the most favourable ecosystem for the growth of Farmer Producer Organisations (FPOs), replacing Madhya Pradesh, which has slipped to second place, according to the latest Ease of Doing Business for FPOs (EoDBF) ranking.

'Ek baar aap GST dekh lo': PM's nudge ushered in biggest GST reform in 8 yrs

'Ek baar aap GST dekh lo': PM's nudge ushered in biggest GST reform in 8 yrs

Rediff.com7 Sep 2025

'Ek baar aap GST dekh lo!' - Prime Minister Narendra Modi's gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning of a mammoth exercise to overhaul the tangled goods and services tax regime. And the final outcome is a significantly simplified system with lower tax rates and easier compliance for businesses.

Provident Fund Problems? Your Qs Answered

Provident Fund Problems? Your Qs Answered

Rediff.com13 Oct 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.