News for 'finance ministry'

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

Budget Gets a New Address

Budget Gets a New Address

Rediff.com23 Jan 2026

Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.

Finance ministry rejects NTPC's FPO

Finance ministry rejects NTPC's FPO

Rediff.com16 May 2008

The power ministry had approached the department of disinvestment in August 2007 for approval for NTPC's FPO, which could fetch the company nearly Rs 6,000 crore to part-finance its expansion programme.

How The Taxman Plans To Close Cases Faster

How The Taxman Plans To Close Cases Faster

Rediff.com11 Feb 2026

Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty.

Tarique Rahman Sworn In As Bangladesh PM

Tarique Rahman Sworn In As Bangladesh PM

Rediff.com18 Feb 2026

Lok Sabha Speaker Om Birla and Foreign Secretary Vikram Misri attended the swearing-in ceremony.

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Rediff.com5 Jan 2026

The project is aimed at enabling faster movement of security forces and military equipment during exigencies, while also improving connectivity to Arunachal Pradesh, Manipur and other north eastern states.

No funds for new schemes, says finance ministry

No funds for new schemes, says finance ministry

Rediff.com5 Jun 2020

The finance ministry has asked all ministries and departments not to initiate any new scheme in the current financial year and said that there is a need to use resources prudently in the wake of the COVID-19 crisis. However, funds for schemes under the Pradhan Mantri Garib Kalyan Package, the Aatmanirbhar Bharat Abhiyan package and any other special package or announcement would be allocated, according to an office memorandum by the department of expenditure, which comes under the finance ministry.

Why India's Japan Connection Is Important

Why India's Japan Connection Is Important

Rediff.com7 Mar 2026

In a region increasingly shaped by competition and coercion, such collaboration strengthens security without confrontation, builds capacity without dependency and promotes order without domination, points out Dr Kumar.

Nirmala Sitharaman: 'Focus Of Budget Was To Keep Stable Growth Going'

Nirmala Sitharaman: 'Focus Of Budget Was To Keep Stable Growth Going'

Rediff.com6 Feb 2026

'We kept this Budget on a larger plank, rather than on one incident, however serious.'

Finance ministry toughens stand on indirect FDI

Finance ministry toughens stand on indirect FDI

Rediff.com1 Oct 2007

The finance ministry is of the view that all interests -- direct and indirect -- should be taken into account and that there should not be any threshold for calculating total effective foreign shareholding in a company.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

BSNL gets even with finance ministry

BSNL gets even with finance ministry

Rediff.com23 Jul 2003

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.

Why Budget 2026 Deserves 8.5/10

Why Budget 2026 Deserves 8.5/10

Rediff.com2 Feb 2026

This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com11 Jan 2026

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the country's pharmaceuticals industry.

The tussle: Finance ministry vs. regulators

The tussle: Finance ministry vs. regulators

Rediff.com14 Dec 2012

The distance between North Block and Mint Road has been growing for quite some time. The latest evidence of tension is the finance ministry's decision to introduce a clause in the Banking Amendment Bill allowing banks to trade in commodity futures, despite the central bank's reservations on the issue.

Why I Cycled From Kashmir To Kanyakumari

Why I Cycled From Kashmir To Kanyakumari

Rediff.com24 Feb 2026

'That journey across India has changed me forever.'

RBI, finance ministry lock horns

RBI, finance ministry lock horns

Rediff.com6 Dec 2005

Reserve Bank has expressed dissent at the finance ministry panel's suggestion on allowing foreign institutional investors to issue Participatory Notes and allowing them to take exposure in India's debt instruments.

Finance ministry cover for PSU insurance 'cartel'

Finance ministry cover for PSU insurance 'cartel'

Rediff.com5 Jul 2012

Diktat to four general insurance companies says 'avoid competition' in any corporate or group account

The truth behind finance ministry's fiscal mess

The truth behind finance ministry's fiscal mess

Rediff.com15 Jun 2011

A quick assessment of the ground reality will tell you that it is a reflection of the finance ministry's mistaken faith in factors beyond its control.

Goyal runs finance ministry, but Jaitley's watching

Goyal runs finance ministry, but Jaitley's watching

Rediff.com26 Jun 2018

While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.

FIPB shifted to finance ministry

FIPB shifted to finance ministry

Rediff.com31 Jan 2003

Finance ministry to advise on spectrum

Finance ministry to advise on spectrum

Rediff.com9 Dec 2008

The telecom ministry has referred the matter of number of 3G spectrum slots in each circle to the Finance Ministry.

'This Isn't Day One Of AI; It Is Hour One'

'This Isn't Day One Of AI; It Is Hour One'

Rediff.com20 Feb 2026

'When a technology is this fundamental, a country should have its own version of it, rather than relying on whether someone else chooses to build it for you.'

Railways gets record Rs 2.78 lakh cr capex; focus on new lines, safety

Railways gets record Rs 2.78 lakh cr capex; focus on new lines, safety

Rediff.com1 Feb 2026

The Budget allocation includes the construction of new lines and the purchase of locomotives, wagons, and coaches, among other works.

PM to reallocate finance ministry work soon

PM to reallocate finance ministry work soon

Rediff.com29 Jun 2012

PMO joint secretary Subrahmanyam to play a key ro#8804 full-time finance minister likely before October

Budget 2026: Sports goods sector gets Rs 500 cr boost; Rs 900 cr for Khelo India

Budget 2026: Sports goods sector gets Rs 500 cr boost; Rs 900 cr for Khelo India

Rediff.com1 Feb 2026

The government's flagship Khelo India programme received an allocation of Rs 924.35 crore.

She Wore Purple! 9 Times Nirmala Sitharaman Wowed Us!

She Wore Purple! 9 Times Nirmala Sitharaman Wowed Us!

Rediff.com2 Feb 2026

Union Finance Minister Nirmala Sitharaman is well-known for donning saris that speak as powerfully as her budget speech. Each Budget Day, she selects a drape that pays tribute to India's amazing textile heritage and the mastery of its artisans.

Stung by shift from finance ministry, Garg seeks VRS

Stung by shift from finance ministry, Garg seeks VRS

Rediff.com25 Jul 2019

It was not immediately clear when Garg submitted his voluntary retirement scheme application to the government. It was also not known if the government would accept the application. If he hadn't applied for VRS, he would have retired from government service at the end of October 2020 on attaining of 60 years of age. Garg did not answer phone calls seeking his comments.

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Rediff.com16 Feb 2026

Prime Minister Narendra Modi is scheduled to visit Israel for two days to discuss bilateral and regional issues, marking his second visit to the Jewish state and highlighting the growing strategic partnership between India and Israel.

UN report links JeM to Red Fort blast, warns of women-only terror wing

UN report links JeM to Red Fort blast, warns of women-only terror wing

Rediff.com13 Feb 2026

A UN Security Council report indicates that Pakistan-based Jaish-e-Mohammed (JeM) was reportedly linked to a terror attack on the Red Fort in New Delhi. The report also highlights JeM's activities, including the establishment of a women-only wing and its presence in the region.

Shubhashis Gangopadhyay to join finance ministry

Shubhashis Gangopadhyay to join finance ministry

Rediff.com15 Jan 2008

The appointment, expected shortly, will come in the backdrop of tax expert Parthasarathy Shome recently resigning from the post of adviser to Finance Minister P Chidambaram.

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

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.

Celebration follows speculation in finance ministry

Celebration follows speculation in finance ministry

Rediff.com16 Jun 2012

As finance ministry officials remained glued to news flashes on the LCD screens in their rooms, others were constantly monitoring news on the web. The support staff got its share of the news feed by keeping a close watch on politicians visiting North Block, reports Vrishti Beniwal