News for 'Tamil Nadu Finance'

Sasikala rejects TN panel report on Jaya death, 'ready to face' probe

Sasikala rejects TN panel report on Jaya death, 'ready to face' probe

Rediff.com19 Oct 2022

Expelled AIADMK leader Sasikala has said that she is ready to face all enquiries against her over the death of former Tamil Nadu chief minister Jayalalithaa.

PTR audio row: Stalin refuses to wade into 'cheap politics'

PTR audio row: Stalin refuses to wade into 'cheap politics'

Rediff.com2 May 2023

In his first response to the issue, Stalin, president of the ruling DMK, said Palanivel Thiaga Rajan (PTR) has already responded to the matter twice.

Atishi to be 3rd woman and youngest CM of Delhi

Atishi to be 3rd woman and youngest CM of Delhi

Rediff.com17 Sep 2024

Delhi is set to get its third woman chief minister, after Congress' Sheila Dikshit and Bharatiya Janata Party's Sushma Swaraj, as Aam Aadmi Party leader Atishi has been chosen to succeed Arvind Kejriwal.

'Brand Stalin' Shows Annamalai His Place

'Brand Stalin' Shows Annamalai His Place

Rediff.com11 Jun 2024

If Tamil Nadu voters preferred the DMK combine, it owed to the Modi-Annamalai combo's ideological battle which often crossed the line of political decency and also challenged 'Tamil pride', argues N Sathiya Moorthy.

'The govt cannot release funds to states on request'

'The govt cannot release funds to states on request'

Rediff.com19 Mar 2024

'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'

CEC Rajiv Kumar, a strong critic of exit polls, demits office

CEC Rajiv Kumar, a strong critic of exit polls, demits office

Rediff.com18 Feb 2025

Rajiv Kumar, the 25th chief election commissioner of India, has demitted office after a nearly three-year tenure marked by both electoral successes and allegations of bias from opposition parties. Kumar oversaw the 2024 Lok Sabha elections and the Jammu and Kashmir assembly polls, among other major elections. During his tenure, he implemented reforms across various aspects of the Election Commission's functioning, including structural, technological, capacity development, communication, international cooperation, and administration. However, he faced criticism from opposition parties and activists on several issues, including the efficacy of Electronic Voting Machines, alleged fudging of voter data, and being "lenient" on the ruling BJP. While the Commission responded to the allegations, Kumar often defended himself and the poll authority through poetry. In his farewell address, Kumar expressed concerns about the timing of petitions raising doubts over poll processes and the impact of freebie promises on the fiscal health of the state. He also criticized the practice of showing early trends on counting day by news channels, calling it "nonsense". Kumar's tenure was marked by numerous controversies, with opposition parties and activists alleging bias and irregularities. While the Election Commission defended its actions, the allegations cast a shadow over his time in office.

'AI Has Pushed India 5 To 7 Years Behind!'

'AI Has Pushed India 5 To 7 Years Behind!'

Rediff.com19 Sep 2024

'Unfortunately, most of our students use AI to replace knowledge when they should be using the AI tools to enhance their knowledge.' 'I am sorry to say, even those students who have opted to study AI have no idea what AI is.'

'GST execution has been extremely bad'

'GST execution has been extremely bad'

Rediff.com10 Jul 2021

'From the tiniest to mid-level organisations and even some at the lower end of the large-scale ones would say that computerisation and the extensive documentation and regulatory requirements for GST have made the compliance process worse in many cases.'

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

Rediff.com1 Feb 2025

India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.

Four Indians charred to death in US multi-vehicle road accident

Four Indians charred to death in US multi-vehicle road accident

Rediff.com4 Sep 2024

Four Indian nationals, including a young woman, lost their lives and several others were injured in a tragic multi-vehicle road accident in the US state of Texas during the Labour Day weekend.

Why Was TN's Finance Minister Removed?

Why Was TN's Finance Minister Removed?

Rediff.com11 May 2023

Palanivel Thiaga Rajan was on the hit-list, not because the chief minister was unhappy with his performance, but because there were constant complaints from other ministers that he was sitting on their files far too long, observes N Sathiya Moorthy.

GST rates on host of goods rejigged

GST rates on host of goods rejigged

Rediff.com19 Oct 2024

Term life insurance policies, and senior citizens' health insurance premium are likely to be exempted from GST as most members of a state ministerial panel favoured cutting taxes to benefit the common man, an official said on Saturday. The GoM to decide on GST on health and life insurance premiums in its meeting on Saturday decided to exempt GST on premiums paid by individuals, other than senior citizens, for health insurance with coverage of up to Rs 5 lakh. However, 18 per cent GST will continue to be levied for health insurance cover of over Rs 5 lakh.

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Rediff.com1 Apr 2024

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.

Led by Modi-Shah, BJP to carpet-bomb TN

Led by Modi-Shah, BJP to carpet-bomb TN

Rediff.com15 Dec 2020

For the first 90 days of 2021, from January 5 onwards, one Union minister will visit one district in Tamil Nadu every week till the assembly election.

DMK to weigh 'all options' against TN guv over Balaji sacking

DMK to weigh 'all options' against TN guv over Balaji sacking

Rediff.com30 Jun 2023

Sources said there was no need 'immediately' to look into legal aspects or consider anything else (such as the possibility of political interests over the dismissal and a counter-strategy to frustrate it), as the dismissal was now on hold.

Sitharaman to explain Budget in 15 states

Sitharaman to explain Budget in 15 states

Rediff.com1 Feb 2021

The finance minister will also visit the school in Tamil Nadu where she studied from KG to Class 5.

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

Tyger Capital to list by next year, targets Rs 20,000 crore book

Tyger Capital to list by next year, targets Rs 20,000 crore book

Rediff.com12 Jul 2024

Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.

MFIs' asset quality takes heatwave hit

MFIs' asset quality takes heatwave hit

Rediff.com28 Aug 2024

The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers' incomes and collections, coupled with rumours of loan waivers, according to Sa-Dhan. Jiji Mammen, executive director and chief executive officer of Sa-Dhan, said loans with 90+ days past due (dpd) rose to 1.2 per cent in June 2024, compared to 0.9 per cent in June 2023. The 90+ dpd also increased from 1.16 per cent in March 2024.

Why Modi govt is going all out for Stalin visit

Why Modi govt is going all out for Stalin visit

Rediff.com16 Jun 2021

The Modi government wants to have a smooth relationship with the DMK government.

How much do you know about the finance minister?

How much do you know about the finance minister?

Rediff.com28 Feb 2013

How much do you know about the finance minister?

Budget 2025: Defence Must Be The Priority

Budget 2025: Defence Must Be The Priority

Rediff.com31 Jan 2025

'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.

Stalin rejects Sitharaman's Jaya assault claim; EPS says he witnessed attack

Stalin rejects Sitharaman's Jaya assault claim; EPS says he witnessed attack

Rediff.com13 Aug 2023

Stalin, in an interview to a daily, has refuted the FM's allegations, saying "everyone present in the Assembly knew it was a drama enacted by herself," referring to the late Jayalalithaa.

Finance panel okays 7 IIMs, 10 NITs

Finance panel okays 7 IIMs, 10 NITs

Rediff.com10 Jun 2009

The process of setting up of seven IIMs, 374 degree colleges and 10 NITs has been set inmotion with the Expenditure Finance Committee (EFC) approvingthe proposals in this regard.

We Haven't Seen This In 39 Years!

We Haven't Seen This In 39 Years!

Rediff.com22 Aug 2024

Dr T V Somanathan is the first finance secretary to be appointed Cabinet secretary since 1985. His appointment at this juncture seems to carry much meaning for the forthcoming trajectory of reforms and restructuring of India's steel frame.

Sanatan Dharma row: BJP slams INDIA bloc, questions Mumbai meet agenda

Sanatan Dharma row: BJP slams INDIA bloc, questions Mumbai meet agenda

Rediff.com4 Sep 2023

What he has said is shocking and shameful, former Union minister and BJP leader Ravi Shankar Prasad said, noting that the son of Tamil Nadu Chief Minister M K Stalin has repeated his remarks.

Amid Annamalai buzz, DMK, AIADMK fight hard

Amid Annamalai buzz, DMK, AIADMK fight hard

Rediff.com17 Apr 2024

BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.

Is Stalin Slipping Up In A Poll Year?

Is Stalin Slipping Up In A Poll Year?

Rediff.com28 Apr 2023

ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.

DMK veteran Anbazhagan passes away at 97

DMK veteran Anbazhagan passes away at 97

Rediff.com7 Mar 2020

He was a nine-time MLA, one-time Lok Sabha member and former finance minister of Tamil Nadu and a close friend of former Chief Minister late Karunanidhi.

'Minister has converted ED into an extended arm of the BJP'

'Minister has converted ED into an extended arm of the BJP'

Rediff.com11 Jan 2024

'Now the political boss decides, and the ED acts.'

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Rediff.com5 Jan 2024

Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.

Former Karnataka CM S M Krishna passes away

Former Karnataka CM S M Krishna passes away

Rediff.com10 Dec 2024

Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.

SC summons CS, fin secretaries of 16 states over pay report non-compliance

SC summons CS, fin secretaries of 16 states over pay report non-compliance

Rediff.com11 Jul 2024

Though seven opportunities have been granted to the states, it appears that full compliance has not been affected and several states are in default, it said.

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

Rediff.com17 Oct 2022

Assembly Speaker M Appavu said leaders of the two AIADMK factions submitted him 6 letters, including 4 from Palaniswami, asking for separate seating arrangement in the Assembly for their respective members.

Out on bail, Dinakaran meets aunt Sasikala in Bengaluru jail

Out on bail, Dinakaran meets aunt Sasikala in Bengaluru jail

Rediff.com6 Jun 2017

Will just sit back and see, said Dinakaran over AIADMK merger.

Unwell Nitish skips Chennai but Friday's Opposition conclave is very much on

Unwell Nitish skips Chennai but Friday's Opposition conclave is very much on

Rediff.com20 Jun 2023

Ill-health forced Bihar Chief Minister Nitish Kumar to cancel his scheduled visit to Chennai on Tuesday, where he was invited by his Tamil Nadu counterpart MK Stalin, a key aide of the Janata Dal-United leader said.

Will Annamalai's 'DMK Files' Help BJP?

Will Annamalai's 'DMK Files' Help BJP?

Rediff.com17 Apr 2023

Will Annamalai's attacks on the DMK revert the anti-BJP feeling in Tamil Nadu, asks N Sathiya Moorthy.

'This Is An Andhra Pradesh-Bihar Budget'

'This Is An Andhra Pradesh-Bihar Budget'

Rediff.com24 Jul 2024

From the word go, Bihar growled its needs out when an MP from the state said aloud: "Give something for Bihar also, Madam." Every time the Budget mentioned cities and towns in Andhra Pradesh, "Kursi Bachao" was the call from Congress MPs.

Meet Nirmalaji's Core Budget Team

Meet Nirmalaji's Core Budget Team

Rediff.com23 Jul 2024

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.

'Adani Wasn't There At Meeting'

'Adani Wasn't There At Meeting'

Rediff.com14 Nov 2024

'That was my mistake.' 'Gautam Adani was not involved in forming the Maharashtra government.' 'Adani was not there in the meeting.' 'The meeting was at his guest house and we were sitting in his guest house.'