News for 'budget debate'

How not to do a no-trust vote

How not to do a no-trust vote

Rediff.com21 Jul 2018

'Friday's parliamentary confrontation obviously was a precursor, or a trailer, to use a pop culture reference, to the real show awaiting the nation,' says Saisuresh Sivaswamy.

FM hopes for 'political solution' to end Prez rule in Delhi

FM hopes for 'political solution' to end Prez rule in Delhi

Rediff.com31 Jul 2014

The Centre on Thursday hoped that "some political solution" would emerge paving the way for formation of a popular government in Delhi as political parties questioned the delay in this regard and said it was hurting infrastructure in the national capital.

Fiscal Responsibility Bill gets parliamentary nod

Fiscal Responsibility Bill gets parliamentary nod

Rediff.com29 Jul 2003

Parliament on Tuesday approved the long-awaited fiscal responsibility legislation after Finance Minister Jaswant Singh promised there would be no lowering of developmental expenditure.

Why a flop called SEZ remains attractive to politicians

Why a flop called SEZ remains attractive to politicians

Rediff.com2 Sep 2020

SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.

Ruckus in TN assembly; AIADMK members suspended

Ruckus in TN assembly; AIADMK members suspended

Rediff.com7 Apr 2010

AIADMK MLAs were on Wednesday suspended till Friday by Tamil Nadu Assembly Speaker R Avudaiyappan after they were evicted from the House en masse for creating rumpus over remarks made by a ruling DMK member.

Why Jaitley's fiscal deficit math is turning more difficult

Why Jaitley's fiscal deficit math is turning more difficult

Rediff.com9 Feb 2016

On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.

Likely: Tax on long-term capital gains on shares

Likely: Tax on long-term capital gains on shares

Rediff.com17 Jan 2018

'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.

REVEALED: Government plans for post May 3 India

REVEALED: Government plans for post May 3 India

Rediff.com1 May 2020

Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.

Maharashtra to shut down 44 toll plazas

Maharashtra to shut down 44 toll plazas

Rediff.com10 Jun 2014

In an important decision ahead of the assembly polls, the Maharashtra government on Monday announced closure of 44 toll plazas, a move that comes in the backdrop of protests over levy of road tax in the state.

Lok Sabha passes bill to give NIA more teeth

Lok Sabha passes bill to give NIA more teeth

Rediff.com15 Jul 2019

The amendments will also allow the NIA to probe cyber crimes and cases of human trafficking.

Why be afraid of businessmen owning banks?

Why be afraid of businessmen owning banks?

Rediff.com15 Dec 2020

Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.

Sonia Gandhi: Address the root causes of Naxalism

Sonia Gandhi: Address the root causes of Naxalism

Rediff.com20 May 2010

'The rise of Naxalism is a reflection of the need for our development initiatives to reach the grass roots, especially in our most backward tribal districts.'

Opposition accuses govt of ignoring farmers

Opposition accuses govt of ignoring farmers

Rediff.com21 Jul 2009

Opposition parties on Monday slammed the government for ignoring the interests of farmers and said funds allocated in the General Budget for agriculture ministry were not sufficient.

Road map for India's PSU divestment soon: Fin secy

Road map for India's PSU divestment soon: Fin secy

Rediff.com15 Jul 2009

The government will retain 51 per cent stake in all public sector units, finance secretary Ashok Chawla said. The government has proposed to mop up Rs 1,100 crore (Rs 11 billion) this fiscal from divestment of stake in PSUs.

Service tax on cashless mediclaim: Will you suffer?

Service tax on cashless mediclaim: Will you suffer?

Rediff.com26 Mar 2010

Union Budget 2010-11 seeks to impose service tax on the services rendered by the hospitals where the payment is made to them by insurance companies and/or the TPAs. How will this affect you?

Strikes: Railways lost 40% business

Strikes: Railways lost 40% business

Rediff.com11 Mar 2010

The Indian Railways lost about 40 per cent of its business due to disturbance including Maoist violence and agitations.

Won't sign death warrant of farmers: Cong in RS on farm bills

Won't sign death warrant of farmers: Cong in RS on farm bills

Rediff.com20 Sep 2020

Rajya Sabha took up the discussion on The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill that have already been passed by Lok Sabha.

How Jaitley made good friends even among opponents

How Jaitley made good friends even among opponents

Rediff.com24 Aug 2019

Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."

GST reflects spirit of one nation, one determination: PM @ Niti Aayog meet

GST reflects spirit of "one nation, one determination": PM @ Niti Aayog meet

Rediff.com23 Apr 2017

PM Modi on Sunday called upon states to "speed up capital expenditure and infrastructure creation" to spur economic growth.

Introducing GST will solve issues faced by e-commerce industry

Introducing GST will solve issues faced by e-commerce industry

Rediff.com18 Feb 2016

Online companies would look forward to an integrated and uniform approach for tax laws and regulatory policies

Mehbooba meets Amit Shah; no clarity on J&K government

Mehbooba meets Amit Shah; no clarity on J&K government

Rediff.com18 Mar 2016

The sources said consultations with some of the ministries have been undertaken and the state may soon witness the end of governor's rule.

'Do you have to endanger your sovereignty for peanuts of foreign money?'

'Do you have to endanger your sovereignty for peanuts of foreign money?'

Rediff.com23 Jul 2019

'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'

Government addresses the Achilles heel of fiscal management

Government addresses the Achilles heel of fiscal management

Rediff.com1 Mar 2016

The government has at last commenced important structural reforms.

Should Tokyo be the guinea pig for Olympics experiment?

Should Tokyo be the guinea pig for Olympics experiment?

Rediff.com9 Jun 2021

In this pandemic, why can't we have multiple locations for various disciplines, all of it then merged into a virtual convergence called the Olympics instead of one massive event in one city, asks Shyam G Menon.

Opposition misleading people on issue of tribal, forest land: PM

Opposition misleading people on issue of tribal, forest land: PM

Rediff.com6 Apr 2015

He said that such a campaign will hurt the interests of the country.

Fate of Insurance, Coal bills hangs in balance

Fate of Insurance, Coal bills hangs in balance

Rediff.com20 Dec 2014

With only two working days left in the winter session of parliament, the fate of the government's economic reform agenda, particularly the Insurance Bill and the Coal Bill, hangs in balance in view of strong opposition by some parties.

India announces more tax sops

India announces more tax sops

Rediff.com27 Jul 2009

Finance Minister Pranab Mukherjee on Monday announced a slew of concessions, including a 1 per cent interest subsidy for lower and middle income housing loans, and exempted road repair and maintenance services from the ambit of service tax.

Mayawati is the new-age Shahjahan, says BJP

Mayawati is the new-age Shahjahan, says BJP

Rediff.com20 Feb 2009

The opposition BJP today sought to brand Uttar Pradesh Chief Minister Mayawati as a "new-age Shahjahan" apparently over spending of a huge amount of money over setting up of parks and memorials in the state.

No intention to monetise govt debt: Pranab

No intention to monetise govt debt: Pranab

Rediff.com14 Jul 2009

Amid ballooning fiscal deficit, the government on Tuesday categorically said that it has 'no intention' to monetise its debt, which implies that it will not directly borrow from the Reserve Bank of India. As fiscal deficit is projected to be at 6.8 per cent of gross domestic product this fiscal and the government has pegged its market borrowings at around Rs 4 lakh crore (Rs 4 trillion) for 2009-10.

NCAER report pegs fiscal deficit at 5.1%

NCAER report pegs fiscal deficit at 5.1%

Rediff.com17 Nov 2013

FY14 economic growth rate pegged at 4.8-5.3%, WPI inflation set to rise

Won't spare anyone involved in Delhi riots: Amit Shah

Won't spare anyone involved in Delhi riots: Amit Shah

Rediff.com11 Mar 2020

Facing opposition criticism over alleged inaction by the Delhi police during the violence last month, Shah appreciated the police for not allowing the riots to spiral.

'I've created 7 million jobs this year'

'I've created 7 million jobs this year'

Rediff.com20 Jan 2018

'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'

Such hullabaloo over INS Vishal!

Such hullabaloo over INS Vishal!

Rediff.com9 Mar 2020

The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose. This is as much about turf as about funding. explains Ajai Shukla.

India should not bank on America: Yashwant Sinha

India should not bank on America: Yashwant Sinha

Rediff.com2 Aug 2009

India should be wary of Pakistan, Yashwant Sinha, senior leader of the Bharatiya Janata Party, tells Aasha Khosa.

World-class stations not possible: Lalu

World-class stations not possible: Lalu

Rediff.com7 Jul 2009

BJP member Ananth Kumar was debating Mamata Banerjee's promise to upgrade 309 stations as 'model' ones, of which 137 were in West Bengal. Intervening, Lalu Prasad Yadav said, "World-class station banana to ek soch hai. Yeh banna to hai nahi. Aap pareshan kyon ho rahe hain? In this connection, he said during his tenure also he had proposed to upgrade Patna station which never happened.

Why Motilal Oswal sees over 20% equity return in 2018

Why Motilal Oswal sees over 20% equity return in 2018

Rediff.com16 Dec 2017

Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

In LS, Opposition criticises Shah over Delhi riots

In LS, Opposition criticises Shah over Delhi riots

Rediff.com11 Mar 2020

As the government came under attack from the Opposition during the debate on the recent communal riots in the national capital that have claimed over 50 lives, the BJP members alleged that the violence was a pre-planned conspiracy and the home minister and authorities took pro-active steps to control the situation.

No-trust vote: Who supports whom

No-trust vote: Who supports whom

Rediff.com20 Jul 2018

All eyes will be on the All India Anna Dravida Munnetra Kazhagam, Biju Janata Dal and the Sena itself to see which way they vote.

RBI, govt will work to contain inflation at 4%: Modi

RBI, govt will work to contain inflation at 4%: Modi

Rediff.com8 Aug 2016

It would also be the last policy of Rajan