News for 'Union finance'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Urban India likely to account for 70% of GDP in FY26

Urban India likely to account for 70% of GDP in FY26

Rediff.com21 Feb 2026

India's urban areas are projected to contribute 70 per cent of gross domestic product in 2025-26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

Rediff.com1 Feb 2026

The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.

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.

Muraleedharan Claims BJP 'Irrelevant' in Kerala Ahead of Assembly Polls

Muraleedharan Claims BJP 'Irrelevant' in Kerala Ahead of Assembly Polls

Rediff.com30 Mar 2026

Congress leader K Muraleedharan has dismissed the BJP's influence in Kerala ahead of the Assembly elections, citing unfulfilled promises and a lack of tangible benefits for the state.

Congress Leader Venugopal Alleges Vijayan's Collusion with BJP in Open Letter

Congress Leader Venugopal Alleges Vijayan's Collusion with BJP in Open Letter

Rediff.com7 Apr 2026

AICC General Secretary K C Venugopal has released an open letter to Kerala Chief Minister Pinarayi Vijayan, alleging secret deals with BJP leaders and the central government, raising questions about the LDF government's functioning ahead of the Assembly elections.

Delhi bank staff held over cyber fraud targeting retired doctor

Delhi bank staff held over cyber fraud targeting retired doctor

Rediff.com15 Apr 2026

A Delhi court has granted transit remand to Telangana Police for two Delhi-based bank employees arrested in connection with a cyber fraud targeting a retired doctor in Hyderabad.

Day after Mehli Mistry's plaint, Venu Srinivasan resigns from Tata Navsari trust

Day after Mehli Mistry's plaint, Venu Srinivasan resigns from Tata Navsari trust

Rediff.com5 Apr 2026

Veteran industrialist Venu Srinivasan has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, following a challenge to his appointment by a former trustee.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

Harivansh elected unopposed as Rajya Sabha Deputy Chairman

Harivansh elected unopposed as Rajya Sabha Deputy Chairman

Rediff.com17 Apr 2026

Harivansh has been re-elected as the Deputy Chairman of Rajya Sabha unopposed, marking his third term in the position.

Hardeep Puri's daughter moves HC over Epstein links; seeks Rs 10 cr damages

Hardeep Puri's daughter moves HC over Epstein links; seeks Rs 10 cr damages

Rediff.com17 Mar 2026

Himayani Puri, daughter of Union Minister Hardeep Singh Puri, has filed a lawsuit in the Delhi High Court seeking the removal of defamatory social media content linking her to convicted sex offender Jeffrey Epstein and claiming damages of Rs 10 crore.

Sitharaman, TMC MP Saugata Roy spar over Hindi speech in Lok Sabha

Sitharaman, TMC MP Saugata Roy spar over Hindi speech in Lok Sabha

Rediff.com4 Dec 2025

Union Finance Minister Nirmala Sitharaman on Thursday lashed out at TMC MP Saugata Roy for objecting to her speaking in Hindi on a bill, pointing out that the translation technology allows members to listen to speeches in any language.

HC orders removal of content linking Hardeep Puri's daughter to Epstein

HC orders removal of content linking Hardeep Puri's daughter to Epstein

Rediff.com17 Mar 2026

The Delhi high court has ordered the removal of defamatory social media content falsely linking Union Minister Hardeep Singh Puri's daughter to convicted sex offender Jeffrey Epstein, protecting her reputation from malicious online attacks.

'Real Issue Is Land, Not Religion In Assam'

'Real Issue Is Land, Not Religion In Assam'

Rediff.com5 May 2026

'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'

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.

India Adopts Balanced AI Regulatory Approach

India Adopts Balanced AI Regulatory Approach

Rediff.com3 Mar 2026

An Indian AI Research Organisation official says India has adopted a balanced and pragmatic approach to AI regulation, avoiding the extremes of the US and EU models.

Bihar gets first BJP-led govt; Samrat Choudhary takes oath as CM

Bihar gets first BJP-led govt; Samrat Choudhary takes oath as CM

Rediff.com15 Apr 2026

Samrat Choudhary's appointment as Bihar's Chief Minister marks a significant milestone for the BJP, ushering in a new era of leadership in the state's political landscape.

Harivansh poised for re-election as RS deputy Chairman amid Oppn boycott

Harivansh poised for re-election as RS deputy Chairman amid Oppn boycott

Rediff.com16 Apr 2026

Harivansh is likely to be elected as the Rajya Sabha deputy chairman for a third term as the opposition has decided to boycott the election in protest.

Jammu & Kashmir Achieves High Rate of Public Grievance Resolution

Jammu & Kashmir Achieves High Rate of Public Grievance Resolution

Rediff.com2 Apr 2026

Jammu and Kashmir has shown significant progress in addressing public grievances through the JK Samadhan portal, achieving an 88 per cent disposal rate. District administrations and key departments have played a crucial role in this achievement, with high disposal rates and positive citizen feedback.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com8 Apr 2026

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com14 Apr 2026

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

As Iran Tensions Surge, India Leans On UAE

As Iran Tensions Surge, India Leans On UAE

Rediff.com13 Apr 2026

For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.

Mamata Banerjee Claims Central Forces Searched Her Car, Questions BJP Leaders' Exemption

Mamata Banerjee Claims Central Forces Searched Her Car, Questions BJP Leaders' Exemption

Rediff.com15 Apr 2026

West Bengal Chief Minister Mamata Banerjee has accused central forces of searching her car and criticised the BJP for alleged election misconduct during a rally in Islampur, Uttar Dinajpur district.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

K Muraleedharan Claims BJP 'Irrelevant' in Kerala Ahead of Assembly Polls

K Muraleedharan Claims BJP 'Irrelevant' in Kerala Ahead of Assembly Polls

Rediff.com30 Mar 2026

Congress leader K Muraleedharan has dismissed the BJP's influence in Kerala ahead of the Assembly elections, accusing the party of failing to fulfil its promises to the state.

Nirmala Sitharaman, the longest serving FM will present record 9th Budget on Feb 1

Nirmala Sitharaman, the longest serving FM will present record 9th Budget on Feb 1

Rediff.com30 Jan 2026

Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman tabled the first batch of Supplementary Demands for Grants for 2025-26 in the Lok Sabha, which seeks approval for a gross additional expenditure of Rs 1.32 lakh crore.

Small taxpayers get relief window for foreign asset disclosure

Small taxpayers get relief window for foreign asset disclosure

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs as she presented the Union Budget 2026-27.

Situation under control, energy security stable: Centre on West Asia crisis

Situation under control, energy security stable: Centre on West Asia crisis

Rediff.com26 Mar 2026

There is no cause for concern, as the overall situation arising out of the crisis is firmly under control, the Centre informed while briefing political parties at the all-party meet.

MCC has become 'Modi's Code of Campaigning': Cong's dig at EC

MCC has become 'Modi's Code of Campaigning': Cong's dig at EC

Rediff.com15 Mar 2026

The Congress party has accused the Modi government of abusing its power and distorting the Model Code of Conduct (MCC) during the upcoming assembly elections in Assam, Tamil Nadu, Kerala, West Bengal and Puducherry. The party alleges that the MCC has become 'Modi's Code of Campaigning' filled with defamation and lies.

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Rediff.com22 Mar 2026

Prime Minister Narendra Modi convened a meeting with senior ministers to assess the impact of the evolving situation in West Asia on India's crude oil, gas, petroleum, power, and fertiliser sectors, focusing on ensuring uninterrupted supply and stable logistics.

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

Why Capital Expenditure Needs Monitoring

Why Capital Expenditure Needs Monitoring

Rediff.com23 Feb 2026

After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.

All queries answered, Oppn backs govt on West Asia: Kiren Rijiju

All queries answered, Oppn backs govt on West Asia: Kiren Rijiju

Rediff.com25 Mar 2026

He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.

With Nirmala Sitharaman In This Pic Are...

With Nirmala Sitharaman In This Pic Are...

Rediff.com1 Feb 2026

We know what Mrs Sitharaman and Mr Chaudhary (who may soon be moving out of the finance ministry to head to Lucknow to take charge as president of the Bharatiya Janata Party's Uttar Pradesh unit) look like, but who are the others in these photographs?

Integrated Customs platform on cards in digitisation push

Integrated Customs platform on cards in digitisation push

Rediff.com16 Dec 2025

To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.

Sitharaman's 85-minute Budget speech skips poetry, not focus

Sitharaman's 85-minute Budget speech skips poetry, not focus

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget, focusing on investments and growth. The speech was marked by its business-like approach and lack of cultural references, while opposition members raised concerns about regional representation.