News for 'government treasuries'

Fadnavis vows to put Azmi in jail as Akhilesh backs his MLA

Fadnavis vows to put Azmi in jail as Akhilesh backs his MLA

Rediff.com5 Mar 2025

Samajwadi Party MLA Abu Asim Azmi, suspended from the Maharashtra assembly over his remarks praising Mughal emperor Aurangzeb, will be '100 per cent' put in jail, Chief Minister Minister Devendra Fadnavis said in the legislative council.

Colombia agrees to take back migrants, Trump pauses tariffs

Colombia agrees to take back migrants, Trump pauses tariffs

Rediff.com27 Jan 2025

US President Donald Trump has imposed tariffs and a travel ban on Colombia after the South American nation refused to accept two American military planes deporting undocumented Colombians. The move comes after President Trump announced mass deportations of illegal immigrants and warned countries of consequences if they refuse to accept them. Colombian President Gustavo Petro, in a post on X, said that the US cannot treat Colombian migrants as criminals and denied the entry of American planes carrying Colombian migrants into Colombian territory. Trump responded by imposing a 25% tariff on all goods coming into the US, a travel ban and immediate visa revocations on Colombian government officials, and visa sanctions on all party members, family members and supporters of the Colombian government. The US also announced enhanced customs and border protection inspections of all Colombian nationals and cargo on national security grounds. In retaliation, Colombia announced a 25% import tariff on American products.

Trump pauses tariffs on Mexico, Canada negotiations continue

Trump pauses tariffs on Mexico, Canada negotiations continue

Rediff.com3 Feb 2025

Trump on February 1 had announced tariffs on major US trading partners Canada, Mexico and China. He imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.

Puri Jagannath temple's Ratna Bhandar reopened after 46 years

Puri Jagannath temple's Ratna Bhandar reopened after 46 years

Rediff.com14 Jul 2024

The reopening of the Ratna Bhandar became a major political issue during the recently held assembly elections in the state.

BJP MP seeks privilege motion against Rahul Gandhi over LS speech

BJP MP seeks privilege motion against Rahul Gandhi over LS speech

Rediff.com4 Feb 2025

BJP MP Nishikant Dubey has written to Lok Sabha Speaker Om Birla seeking initiation of breach of privilege proceedings against Congress leader Rahul Gandhi for making "blatant lies and vilification campaign" during his speech in the House. Dubey alleged that Gandhi used his parliamentary privilege to spread canards without authenticating his charges and distorted historical facts during his speech. Gandhi had claimed that mobile phones were not made in India but only assembled here, China has captured the Indian territory, and India had sent Foreign Minister S Jaishankar to the US to get an invite for Prime Minister Narendra Modi for US President Donald Trump's swearing-in ceremony. He also made allegations related to the electoral rolls for the Maharashtra Assembly polls and the law for the appointment of the elections commissioner. Dubey accused Gandhi of misusing the Constitution's Article 105, which accords privileges to parliamentarians for their comments made inside the Lok Sabha and the Rajya Sabha. He urged the Speaker to initiate proceedings against Gandhi, alleging that Parliament's records and proceedings are a testimony to his irresponsible attitude.

Gurdwaras, churches to be next target: Oppn on Waqf bill

Gurdwaras, churches to be next target: Oppn on Waqf bill

Rediff.com13 Feb 2025

'They want to snatch the land and give it to their friends'

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

Foreign investors net sellers of Indian bonds in Oct

Foreign investors net sellers of Indian bonds in Oct

Rediff.com5 Nov 2024

Foreign investors were net sellers of domestic debt in October for the first time since the official inclusion of Indian government bonds in the JP Morgan bond indices, with net outflow worth Rs 4,697 crore. This marked the second instance in the current calendar year where foreign portfolio investors (FPIs) were net sellers in a month.

Imran Khan, wife sentenced to 14 and 7 years in jail for corruption

Imran Khan, wife sentenced to 14 and 7 years in jail for corruption

Rediff.com18 Jan 2025

A Pakistani court sentenced jailed former prime minister Imran Khan and his wife Bushra Bibi to 14 and 7 years in prison respectively after finding them guilty of corruption in the 190 million pounds al-Qadir Trust case. The verdict was announced in a makeshift court set up in Adila jail where Khan is currently lodged. Khan has been convicted for "corrupt practices" and "misuse of authority", while his wife has been convicted for "involvement in illegal activities". The court also ordered the confiscation of the land of Al-Qadir University set up by them. Supporters of Khan's Pakistan Tehreek-e-Insaf (PTI) party staged a protest outside Parliament House, demanding his release. Khan claims all cases against him were politically motivated.

Why Banks' Liquidity Will Go Into Deficit Mode

Why Banks' Liquidity Will Go Into Deficit Mode

Rediff.com16 Sep 2024

The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

Anurag Thakur repeats 'property to Muslim' claim, Cong hits back

Anurag Thakur repeats 'property to Muslim' claim, Cong hits back

Rediff.com28 Apr 2024

The BJP leader said the Congress wants to divide the country on the basis of religion and region.

Oppn submits notice for moving no-trust motion against 'partisan' Veep

Oppn submits notice for moving no-trust motion against 'partisan' Veep

Rediff.com10 Dec 2024

Opposition parties on Tuesday submitted a notice to move a motion for removing Vice President Jagdeep Dhankhar for allegedly conducting the House in a partisan manner.

What prompted Oppn to move no-trust against Dhankhar

What prompted Oppn to move no-trust against Dhankhar

Rediff.com11 Dec 2024

Kharge alleged that Dhankhar is working as a government spokesperson and acting like a school headmaster, often sermonising experienced opposition leaders and preventing them from speaking in the House.

'Pakistan Has Come A Long Way Since March 3, 2009'

'Pakistan Has Come A Long Way Since March 3, 2009'

Rediff.com22 Feb 2025

'International cricket is incomplete without Pakistan.'

Regrettable: BJP on INDIA bloc's no-trust move against VP

Regrettable: BJP on INDIA bloc's no-trust move against VP

Rediff.com10 Dec 2024

BJP Rajya Sabha MP Dinesh Sharma has rejected the opposition's move to impeach Vice-President Jagdeep Dhankhar, calling it an attempt to disrupt House proceedings. Sharma claims there are no valid grounds to impeach Dhankhar, who is also the ex-officio chairman of the Rajya Sabha. The opposition parties submitted a notice to move a motion for removing Dhankhar for allegedly conducting the Upper House in a partisan manner. However, Sharma defended Dhankhar's conduct and asserted that he has been impartial in his role as chairman.

Major ruckus in Parliament over 'Cong-Soros' link

Major ruckus in Parliament over 'Cong-Soros' link

Rediff.com9 Dec 2024

Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

Rediff.com13 Dec 2024

Stock Market News today, PSU banks: The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok Sabha elections, Union Budget 2024, a slowdown in corporate earnings, and sticky inflation. Geopolitical tensions - particularly between Israel and Iran in West Asia - along with various stimulus announcements by China and yen carry trade rocked the equity markets throughout the year.

Opposition decries 'Hindification' of laws

Opposition decries 'Hindification' of laws

Rediff.com5 Dec 2024

Opposition members in Rajya Sabha on Thursday accused the government of imposing Hindi by bringing new bills with titles only in that language, a charge the treasury bench contested while alleging they were stuck with a colonial mindset.

Simultaneous polls bill introduced with 269 votes in favour, 198 against

Simultaneous polls bill introduced with 269 votes in favour, 198 against

Rediff.com17 Dec 2024

Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday, with the opposition terming the move 'dictatorial' and Law Minister Arjun Ram Meghwal asserting that the legislation would not tamper with the powers enjoyed by states.

Bumper kharif production to lower food inflation in coming months: FinMin

Bumper kharif production to lower food inflation in coming months: FinMin

Rediff.com26 Nov 2024

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.

Massive brawl, Jai Shree Ram slogans: High drama inside J-K assembly

Massive brawl, Jai Shree Ram slogans: High drama inside J-K assembly

Rediff.com7 Nov 2024

At least three MLAs were marshalled out on the directions of Speaker Abdul Rahim Rather but the brawl ensued due to resistance put up by the opposition members.

Banks urge RBI for boards' workload mgmt

Banks urge RBI for boards' workload mgmt

Rediff.com19 Nov 2024

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.

K'taka, Gujarat bag e-governance awards

K'taka, Gujarat bag e-governance awards

Rediff.com24 Nov 2006

Karnataka and Gujarat have bagged the Computer Society of India-Nihilent awards for best e-governance, while Andhra Pradesh got the award for best e-governance project in the country.

Emergency Review: Kangana's Disaster

Emergency Review: Kangana's Disaster

Rediff.com17 Jan 2025

Kangana Ranaut's decline as an actor feels complete, observes Utkarsh Mishra.

RS adjourned amid uproar over recovery of cash from Singhvi's seat

RS adjourned amid uproar over recovery of cash from Singhvi's seat

Rediff.com6 Dec 2024

Rajya Sabha Chairman Jagdeep Dhankhar on Friday said a wad of currency notes was recovered by security staff from the seat allotted to Congress MP Abhishek Manu Singhvi.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Rediff.com30 Sep 2024

Union minister Nitin Gadkari has said the Maharashtra government's Ladki Bahin scheme, introduced to provide financial assistance to women, could affect the timely payment of subsidies in other sectors.

'Avoid Panic Selling. Nifty To Hit 29,263'

'Avoid Panic Selling. Nifty To Hit 29,263'

Rediff.com21 Jan 2025

'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'

Janet Yellen becomes US' 1st woman treasury secretary

Janet Yellen becomes US' 1st woman treasury secretary

Rediff.com26 Jan 2021

Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.

Cong hand with anti-India foreign forces, Sonia Gandhi should explain: BJP

Cong hand with anti-India foreign forces, Sonia Gandhi should explain: BJP

Rediff.com10 Dec 2024

The BJP accused Congress leaders of colluding with foreign forces to destabilize India and demanded Sonia Gandhi to disclose her role in a George Soros Foundation-funded organization's activities. The ruling party also attacked Rahul Gandhi, calling him a "pawn" for his protests against the Adani issue.

Shenaz's 5 Most Peaceful Places In India

Shenaz's 5 Most Peaceful Places In India

Rediff.com26 Sep 2024

Inflencer and vlogger Shenaz Treasury chooses her favourite quiet spots.

Fadnavis, Shinde, Pawar take oath again as MVA protests

Fadnavis, Shinde, Pawar take oath again as MVA protests

Rediff.com7 Dec 2024

Two days after being sworn in as Maharashtra Chief Minister, Devendra Fadnavis on Saturday took oath as an MLA along with deputy CMs Eknath Shinde and Ajit Pawar, while the opposition Maha Vikas Aghadi boycotted the ceremony alleging EVM misuse.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Won't do anything that...: Maldives President in India

Won't do anything that...: Maldives President in India

Rediff.com7 Oct 2024

The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.

'A vote on Manipur would be very uncomfortable for the government'

'A vote on Manipur would be very uncomfortable for the government'

Rediff.com7 Aug 2023

'If the business before the House is suspended under Rule 267 it will mean the government has recognised that there is great urgency (to discuss the Manipur violence).' 'Government doesn't want to recognise that at all.'

Those born with a silver spoon in mouth....: Ajit Pawar slams Oppn

Those born with a silver spoon in mouth....: Ajit Pawar slams Oppn

Rediff.com29 Aug 2024

Pawar urged people not to fall prey to the Opposition's "fake campaigns", highlighting government schemes for the youth, women, Warkaris (followers of Lord Vithoba) and others.

Dividend spurs hope for Rs 1 trn cut in govt borrowing

Dividend spurs hope for Rs 1 trn cut in govt borrowing

Rediff.com24 May 2024

The Reserve Bank of India's (RBI's) record surplus transfer to the government has raised hopes among bond traders that the government might reduce its gross borrowing for the current financial year (2024-25/FY25) by up to Rs 1 trillion. The RBI approved a dividend of Rs 2.11 trillion for the central government for 2023-24, marking an increase of roughly 141 per cent from 2022-23 (FY23). In addition, the contingency risk buffer has been raised to 6.5 per cent from the previous 6 per cent.