News for 'finance minister'

'We'll Keep Fighting!'

'We'll Keep Fighting!'

Rediff.com10 Mar 2025

'Don't take people lightly. People know everything.'

Maha portfolio allocation: Fadnavis gets Home, Ajit Finance, Shinde...

Maha portfolio allocation: Fadnavis gets Home, Ajit Finance, Shinde...

Rediff.com21 Dec 2024

Shiv Sena's Dadaji Bhuse is the new school education minister while Uday Samant continues to be the industries minister.

Govt to launch term loan for women, SC, ST entrepreneurs

Govt to launch term loan for women, SC, ST entrepreneurs

Rediff.com1 Feb 2025

The government will launch a Rs 2-crore term loan for 5 lakh first-time women, SC and ST entrepreneurs, Finance Minister Nirmala Sitharaman said on Saturday.

Pak hikes defence budget amid tension with India

Pak hikes defence budget amid tension with India

Rediff.com11 Jun 2025

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Why Scottish MP With India Connect Quit Politics

Why Scottish MP With India Connect Quit Politics

Rediff.com12 Aug 2025

Kate Forbes, the second highest minister in Scottish government has chosen family over politics. The realisation that she must spend more time with her baby came to her in an orphanage in Pune.

Oppn walks out of LS during Nirmala's budget speech

Oppn walks out of LS during Nirmala's budget speech

Rediff.com1 Feb 2025

Soon after the Lok Sabha met at 11 am, opposition MPs raised slogans over the January 29 stampede, which claimed 30 lives.

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Rediff.com20 Sep 2025

Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.

Sitharaman tables Economic Survey 2024-25 in LS

Sitharaman tables Economic Survey 2024-25 in LS

Rediff.com31 Jan 2025

Finance Minister Nirmala Sitharaman on Friday presented the Economic Survey 2024-25 in the Lok Sabha. The Economic Survey is an annual document presented by the government ahead of the Union Budget to review the state of the economy.

'This Shock May Trigger Suicides'

'This Shock May Trigger Suicides'

Rediff.com25 Sep 2025

'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'

Why Banks Are Speaking Local Languages

Why Banks Are Speaking Local Languages

Rediff.com4 Aug 2025

State-owned banks are prioritising local language skills in their hiring to improve customer service and reduce language barriers.

India portrays itself as US's closest friend, but...: Top Trump aide

India portrays itself as US's closest friend, but...: Top Trump aide

Rediff.com4 Aug 2025

Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.

Modi returns after Japan, China trip; calls SCO summit 'productive'

Modi returns after Japan, China trip; calls SCO summit 'productive'

Rediff.com1 Sep 2025

Describing the visit as "productive" in a post on X, the PM said he emphasised India's position on key global issues during his engagements.

Sensex rises 323 pts, Nifty rallies for 6th day

Sensex rises 323 pts, Nifty rallies for 6th day

Rediff.com10 Sep 2025

Among Sensex firms, Bharat Electronics rose the most by 4.26 per cent. HCL Tech gained 2.57 per cent, Bajaj Finance by 2.19 per cent, TCS by 1.99 per cent, Tech Mahindra by 1.88 per cent and Infosys by 1.85 per cent. Gains in Axis Bank and State Bank of India also supported the rally. However, Mahindra & Mahindra emerged as the biggest loser, falling by 2.47 per cent. Maruti dropped 1.53 per cent and Tata Motors by nearly 1 per cent due to profit-taking. UltraTech, Eternal and Power Grid were also among the laggards.

What Will FM's Budget Speech Focus On?

What Will FM's Budget Speech Focus On?

Rediff.com30 Jan 2025

The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.

BJP-AIADMK Gift Stalin An Election Issue

BJP-AIADMK Gift Stalin An Election Issue

Rediff.com16 Sep 2025

Amit Shah seemingly encouraging AIADMK dissident Sengottaiyan after party boss Edappadi K Palaniswami had removed his one-time mentor from all party posts has not gone down well with party cadres. They are now ready to buy Team EPS' theory that the BJP and Amit Shah are out to liquidate the AIADMK, points out N Sathiya Moorthy.

Modi-led Cabinet clears Union Budget 2025-26

Modi-led Cabinet clears Union Budget 2025-26

Rediff.com1 Feb 2025

This is the second Budget of the BJP-led NDA government in its third term in office.

Is That Flying Radha?

Is That Flying Radha?

Rediff.com23 Jul 2025

Glimpses from around the world that will make you smile and cry.

2.17 lakh fake notes of various denominations detected in FY25

2.17 lakh fake notes of various denominations detected in FY25

Rediff.com11 Aug 2025

As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

BJP issues three-line whip to MPs to be present in Parl on Friday

BJP issues three-line whip to MPs to be present in Parl on Friday

Rediff.com21 Mar 2025

Bharatiya Janata Party on Thursday issued a three-line whip to all of its Lok Sabha MPs asking them to be present in the House for the passing of the Union Budget 2025-26.

Fitch affirms India's sovereign rating at 'BBB-'

Fitch affirms India's sovereign rating at 'BBB-'

Rediff.com25 Aug 2025

Fitch Ratings on Monday affirmed India's sovereign rating at 'BBB-', with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. "India's ratings are supported by its robust growth and solid external finances," Fitch said, as it forecast GDP growth of 6.5 per cent in the fiscal year ending March 2026 (FY26), unchanged from FY25, and well above the 'BBB' median of 2.5 per cent.

Market forces decide rupee value, RBI not worried: Guv

Market forces decide rupee value, RBI not worried: Guv

Rediff.com8 Feb 2025

Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value.

Memes Galore After Budget

Memes Galore After Budget

Rediff.com1 Feb 2025

Netizens broke out into a meme fest as they welcomed Nirmala Sitharaman's tax break.

Real challenges for the Finance Minister

Real challenges for the Finance Minister

Rediff.com15 Feb 2007

The finance minister should worry more about long-term problems than short-term imbalances.

Sitharaman on how a nation creates wealth

Sitharaman on how a nation creates wealth

Rediff.com31 May 2025

Finance Minister Nirmala Sitharaman on Saturday said the government led by Narendra Modi refers entrepreneurs as wealth creators as the profit earned by them through ethical ways help drive development goals. "Wealth creation in India has never been a taboo in India.

Meet Nirmalaji's Budget Team

Meet Nirmalaji's Budget Team

Rediff.com30 Jan 2025

This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.

Setback for India? US revokes sanctions waiver for Chabahar port

Setback for India? US revokes sanctions waiver for Chabahar port

Rediff.com19 Sep 2025

India has said it will take all steps to protect its national interests and ensure comprehensive national security in all domains after Pakistan and Saudi Arabia signed a strategic defence pact.

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Rediff.com12 Aug 2025

Prime Minister Narendra Modi conveyed to Ukrainian President Volodymyr Zelenskyy that India remains committed to making every possible contribution for an early and peaceful solution to the conflict. Zelenskyy sought India's support in limiting Russian energy exports.

India Wants Pakistan Back On FATF 'Grey List'

India Wants Pakistan Back On FATF 'Grey List'

Rediff.com26 May 2025

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.

Centre Begins Historic Relocation of 30,000 Employees

Centre Begins Historic Relocation of 30,000 Employees

Rediff.com26 Jun 2025

The orders issued this month have selected ministries ranging from home affairs under Amit Shah to rural development, headed by Shivraj Singh Chouhan, to move to Building 3 -- currently named CCS-03 -- on Kartavya Path. The scale of the shift will be even larger than when most of Lutyens' Delhi's present crop of government buildings came up in the early 1930s.

Chidambaram hospitalised after he faints at Sabarmati Ashram

Chidambaram hospitalised after he faints at Sabarmati Ashram

Rediff.com8 Apr 2025

Senior Congress leader P Chidambaram fell unconscious at the Sabarmati Ashram in Ahmedabad on Tuesday and was taken to hospital. Sources said he probably fainted due to the heat after a hectic day. His son Karti later said on X that his father is fine and is being examined by doctors. The incident occurred during a prayer meeting at the ashram. Chidambaram was carried to an ambulance by other leaders. Earlier in the day, he attended the extended Congress Working Committee meeting at the Sardar Vallabhbhai Patel National Memorial.

Budget 2025: What states want from Sitharaman

Budget 2025: What states want from Sitharaman

Rediff.com20 Dec 2024

Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Rediff.com21 Aug 2025

Among Sensex firms, Bajaj Finserv, ICICI Bank, Reliance Industries, Bajaj Finance, Larsen & Toubro and Bharat Electronics were the major gainers. However, Power Grid, Eternal, Hindustan Unilever and Adani Ports were among the laggards.

Trump threw away ties with India for ....: US ex-NSA Sullivan

Trump threw away ties with India for ....: US ex-NSA Sullivan

Rediff.com2 Sep 2025

Sullivan remarks come amid the rising friction between Washington and New Delhi due to the 50 percent tariffs imposed on Indian goods, which include a 25 percent penalty for buying Russian oil.

How Modi Changed Indian Politics

How Modi Changed Indian Politics

Rediff.com17 Sep 2025

In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

Pahalgam attack: Modi chairs crucial cabinet meet on security

Pahalgam attack: Modi chairs crucial cabinet meet on security

Rediff.com23 Apr 2025

Shah briefed the prime minister on the attack and discussed the measures to be taken in its aftermath.

GST revenue hits record high of Rs 2.37 lakh cr in April

GST revenue hits record high of Rs 2.37 lakh cr in April

Rediff.com1 May 2025

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. The gross GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out on July 1, 2017. The net mop-up was Rs 1.92 lakh crore.

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

Rediff.com2 Sep 2025

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.