News for 'Tamil Nadu Finance'

How right is it to use budget as tool to win polls, asks Sena

How right is it to use budget as tool to win polls, asks Sena

Rediff.com2 Feb 2021

Accusing the Centre of setting a new trend of playing "dirty politics" for votes through the budget, an editorial in Sena mouthpiece 'Saamana' said the allocation of more funds to poll-bound states is a kind of "bribery".

Vaiko, Alagiri spell trouble for the BJP

Vaiko, Alagiri spell trouble for the BJP

Rediff.com24 Mar 2014

The BJP's hobnobbing with M K Alagiri and ally Vaiko's controversial demands has the potential to rock the BJP's boat in Tamil Nadu, says N Sathiya Moorthy.

GST: 11 states may see Rs 9,500 cr revenue loss this year

GST: 11 states may see Rs 9,500 cr revenue loss this year

Rediff.com22 Aug 2017

Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre

How Stalin is different from Karunanidhi, Jaya

How Stalin is different from Karunanidhi, Jaya

Rediff.com29 May 2021

Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.

GST: Centre borrows, transfers Rs 6,000 cr to 16 states, 2 UTs

GST: Centre borrows, transfers Rs 6,000 cr to 16 states, 2 UTs

Rediff.com23 Oct 2020

The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two union territories, including Maharashtra, Gujarat, Bihar, Assam, Delhi and J&K, the finance ministry said on Friday. Last week, the Centre gave in to the demands of opposition-ruled states to borrow and fund the GST compensation shortfall.

P Chidambaram's mother passes away

P Chidambaram's mother passes away

Rediff.com7 Jun 2013

Union Finance Minister P Chidambaram's mother Lakshmi Palaniappan died on Friday. She was 92, her family said.

Centre gives nod for Chennai Monorail project

Centre gives nod for Chennai Monorail project

Rediff.com20 Nov 2014

Under the 20.68 km-long monorail project, services will be provided between Poonamalle and Kathipara with a link from Porur to Vadapalani in Chennai, a senior UD Ministry official said.

Stalin Needs to Think Fast, Act Faster

Stalin Needs to Think Fast, Act Faster

Rediff.com4 Sep 2021

Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.

TN Farmer commits suicide after financiers seize tractor

TN Farmer commits suicide after financiers seize tractor

Rediff.com13 Mar 2016

The incident that came to light on Saturday came days after a farmer was beaten up by the police in the state over non-payment of loan.

India tightens grip over illegal import of Chinese crackers

India tightens grip over illegal import of Chinese crackers

Rediff.com30 Sep 2014

Tightening its grip over illegal import of Chinese crackers which are reportedly flooding the Indian market, the Centre has issued a public notification warning importers and public of the legal consequences they would face if involved with it.

FinMin sends Rajan report to PlanCom for 'necessary action'

FinMin sends Rajan report to PlanCom for 'necessary action'

Rediff.com13 Oct 2013

Rajan Committee has evoked divergent reactions from the states.

Chidambaram, a bold reformer and taskmaster

Chidambaram, a bold reformer and taskmaster

Rediff.com30 Nov 2008

From a hard core Leftist in the late 1960s to being the liberal face, Palaniappan Chidambaram combines in him the qualities of a bold reformer, experienced administrator and a taskmaster in whatever assignment is given to him.

Govt begins work on four new ultra mega power projects

Govt begins work on four new ultra mega power projects

Rediff.com24 Aug 2014

The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.

Madras HC upholds govt order on admissions

Madras HC upholds govt order on admissions

Rediff.com2 Jul 2007

It directed unaided colleges to admit students under management quota through counselling.

PHOTOS: Bus, car trapped in crater as Chennai road caves in

PHOTOS: Bus, car trapped in crater as Chennai road caves in

Rediff.com10 Apr 2017

No one was injured in the incident that triggered panic among road users, even as police cordoned off the area and diverted traffic.

How will Modi deal with 'Dravidian' Stalin?

How will Modi deal with 'Dravidian' Stalin?

Rediff.com16 Jun 2021

Indications are that Modi will have words of encouragement for Stalin, and the meeting is likely to be much less acrimonious than critics of either would want it to be. notes N Sathiya Moorthy.

India gets $1.75 bn World Bank loan for health, private investment

India gets $1.75 bn World Bank loan for health, private investment

Rediff.com1 Jul 2022

The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth. Of the total loan, $1 billion will go towards the health sector, while the rest $750 million will be in the form of development policy loan (DPL) to fill the financing gaps through private sector investment in the economy. The World Bank Board of Executive Directors approved two complementary loans of $500 million each to support and enhance India's health sector.

SBI banks on wind power

SBI banks on wind power

Rediff.com28 Dec 2009

The country's largest lender will set up wind power projects in Maharashtra (9 Mw), Tamil Nadu (5 Mw) and Gujarat (1.5 Mw) - with a combined capacity of 15.5 Mw - for its captive consumption at various SBI offices and branches in these three states.

Happy to breathe air of freedom: Chidambaram

Happy to breathe air of freedom: Chidambaram

Rediff.com4 Dec 2019

"I will address a press conference tomorrow. I am happy that the Supreme Court passed the order granting bail," added Chidambaram.

Neither dukandar nor chowkidar helps Muslims: Owaisi

Neither dukandar nor chowkidar helps Muslims: Owaisi

Rediff.com10 Aug 2023

Lashing out at both the opposition and ruling fronts led by the Congress and the Bharatiya Janata Party, the All India Majlis-e-Ittehadul Muslimeen MP Asaduddin Owaisi on Thursday said that neither dukandar nor chowkidar opens their mouths when Muslims are oppressed.

House proceedings washed out for 7th day, Finance Bill not taken up

House proceedings washed out for 7th day, Finance Bill not taken up

Rediff.com13 Mar 2018

The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.

India to be 2nd largest economy: Chidambaram

India to be 2nd largest economy: Chidambaram

Rediff.com10 Jul 2007

Though poverty had not been eradicated, the level of poverty had come down. 'Money alone did not decide whether a man is rich or poor, Chidambaram said.

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Rediff.com27 Jan 2023

Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.

Karunanidhi saw the 2G episode -- from the leak of the CAG report to the weak defence put forth by Congress leaders -- as politically motivated

Karunanidhi saw the 2G episode -- from the leak of the CAG report to the weak defence put forth by Congress leaders -- as politically motivated

Rediff.com9 Apr 2021

Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.

Tableau row: Rajnath tries to pacify Mamata, TMC says 'dignity hurt'

Tableau row: Rajnath tries to pacify Mamata, TMC says 'dignity hurt'

Rediff.com18 Jan 2022

In his letter, Singh hinted since the Central Public Works Department's tableau already featured Bose, West Bengal's float was not included for the parade, without saying it in so many words.

Education loans: Over Rs 12,000 cr disbursed

Education loans: Over Rs 12,000 cr disbursed

Rediff.com9 Feb 2007

As much as Rs 12,106 crore (Rs 121.06 billion) was disbursed as educational loans to needy students last fiscal, Union Finance Minister P Chidambaram said in Sivaganga, Tamil Nadu on Friday.

With eye on UP, Modi likely to reshuffle Cabinet by May 19

With eye on UP, Modi likely to reshuffle Cabinet by May 19

Rediff.com10 May 2016

The rejig may take place before the assembly election results for Assam, Kerala, West Bengal, Tamil Nadu and Puducherry.

Shaktikanta Das first RBI governor under Modi to get extension

Shaktikanta Das first RBI governor under Modi to get extension

Rediff.com29 Oct 2021

The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years upto December 2024, according to an official order.

Is BJP moving closer to Amma?

Is BJP moving closer to Amma?

Rediff.com4 Nov 2016

Though the 2019 alliance talks, if any, are a long way off, CM Jaya's current state of health and her long hospitalisation maybe a facilitating factor for the AIADMK to consider any BJP initiative favourably at the time, says N Sathiya Moorthy.

Old Indian icon becomes French Ambassador

Old Indian icon becomes French Ambassador

Rediff.com11 Feb 2017

This is the second deal between Peugeot and the C K Birla group. Last month, the two groups entered a "long-term" partnership, with an initial investment in capital expenditure of close to Rs 700 crore, for vehicle and power-train manufacturing in Tamil Nadu.

$ 1.213 bn: Cost of tsunami rehabilitation

$ 1.213 bn: Cost of tsunami rehabilitation

Rediff.com29 Apr 2005

While the needs of Tamil Nadu have been assessed at $ 868.3 mn, those for Andhra Pradesh, Kerala and Pondicherry have been estimated at $ 72.6 mn, $ 157.7 mn and $ 114.4 mn, respectively.

No VAT, if states not ready: FM

No VAT, if states not ready: FM

Rediff.com16 Mar 2005

Cattle slaughter rules is not a prestige issue, open to suggestions: Government

Cattle slaughter rules is not a prestige issue, open to suggestions: Government

Rediff.com4 Jun 2017

Environment Minister Harsh Vardhan said the intention behind the notification was not to harm any particular group.

When The Party Ends And Reality's Cold Light Shines Through...

When The Party Ends And Reality's Cold Light Shines Through...

Rediff.com9 Jun 2023

There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Why this Businessman Quit Kerala

Why this Businessman Quit Kerala

Rediff.com26 Jul 2021

Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?