News for 'political finance'

Bangladeshi actor Shanto Khan, father killed during unrest

Bangladeshi actor Shanto Khan, father killed during unrest

Rediff.com8 Aug 2024

The Kolkata-based actors, several of whom have worked with Shanto Khan in Bangladeshi film projects, however, did not want to comment on the reasons for the killing, saying those were internal matters of another country.

Housing sales hit 11-year high at 1.73 lakh units: Knight Frank

Housing sales hit 11-year high at 1.73 lakh units: Knight Frank

Rediff.com4 Jul 2024

Indian real estate market remained buoyant in January-June this year, with housing sales hitting an 11-year high at 1.73 lakh units and office demand at a record 34.7 million square feet across eight major cities, according to Knight Frank. On an annual basis, housing sales rose 11 per cent to 173,241 units while leasing of office space grew 33 per cent to 34.7 million square feet during January-June this year across eight major cities. Shishir Baijal, chairman and managing director, Knight Frank India, said, "India's real estate market has been buoyant in the last few quarters owing to the strong economic fundamentals and stable socio-political conditions."

Amit Mitra likely to step down as Bengal finance minister

Amit Mitra likely to step down as Bengal finance minister

Rediff.com11 Jul 2021

Noted economist and senior Trinamool Congress leader Amit Mitra is likely to step down as the West Bengal finance minister and even retire from active politics due to ill health, party sources said on Sunday.

Cricketers Azad, Pathan bamboozle opponents at polls

Cricketers Azad, Pathan bamboozle opponents at polls

Rediff.com4 Jun 2024

WC star Azad beats state BJP heavyweight Ghosh from Bardhaman-Durgapur constituency

Budget: Nirmalaji's Chance To Revisit Fiscal Math

Budget: Nirmalaji's Chance To Revisit Fiscal Math

Rediff.com19 Jul 2024

Whether she will pare the fiscal deficit target of 5.1 per cent of GDP, using the record dividend received from the RBI, or expand flagship government programmes will be keenly watched.

Survey lauds the importance of capital markets in India's growth story

Survey lauds the importance of capital markets in India's growth story

Rediff.com22 Jul 2024

Capital markets are becoming more prominent in India's growth story, with an expanding share in capital formation and investment landscape on the back of technology, innovation and digitisation, according to the Economic Survey 2023-24 tabled in Parliament on Monday. Further, Indian markets are resilient to global geo-political and economic shocks, it added. "Despite heightened geo-political risks, rising interest rates and volatile commodity prices, Indian capital markets have been one of the best performing among emerging markets in FY24," the Economic Survey said.

All political parties are in favour of freebies: SC

All political parties are in favour of freebies: SC

Rediff.com23 Aug 2022

The bench said it has to balance the equity and it was not against any policy of the government or the scheme.

Must Watch: Stories From Around The World

Must Watch: Stories From Around The World

Rediff.com1 Oct 2024

Aseem Chhabra's Top 10 Films/ Series from TIFF 2024 includes films that he watched for the first time in Toronto. The films were impressive due to their rigor, passion, unique storytelling style and sometimes exploring the vulnerable sides of big name stars.

BJP hardliners blamed Sushil Modi for soft approach toward Nitish

BJP hardliners blamed Sushil Modi for soft approach toward Nitish

Rediff.com14 May 2024

Modi earned his spurs as a doughty leader of the Opposition in the assembly, a post he held till 2004 when he got elected to the Lok Sabha from Bhagalpur.

Olympic boxing crisis deepens: India's fate uncertain

Olympic boxing crisis deepens: India's fate uncertain

Rediff.com1 Sep 2024

Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.

'Doubts About Longevity Of Modi Govt'

'Doubts About Longevity Of Modi Govt'

Rediff.com24 Jun 2024

'I have serious doubts about the longevity of the NDA government and the longevity of the 18th Lok Sabha itself.'

SC strikes down electoral bonds as 'unconstitutional', orders disclosure of donors

SC strikes down electoral bonds as 'unconstitutional', orders disclosure of donors

Rediff.com16 Feb 2024

In a landmark judgment that delivered a big blow to the government, the Supreme Court on Thursday annulled the electoral bonds scheme, saying it violates the constitutional right to freedom of speech and expression as well as the right to information.

ECI Ruling: What Are Uddhav's Political Options?

ECI Ruling: What Are Uddhav's Political Options?

Rediff.com23 Feb 2023

Uddhav Thackeray and his followers have the option to stop riding a tiger and commence work around a more meaningful and enduring political ideology. It is an option Eknath Shinde's side may not have, supported as they were by the BJP, to maintain continuity of the old Sena, argues Shyam G Menon.

Nitish appoints new JD-U working president, seeks special status for Bihar

Nitish appoints new JD-U working president, seeks special status for Bihar

Rediff.com29 Jun 2024

The party's national executive meeting chaired by its president and Bihar Chief Minister Nitish Kumar flagged price rise and unemployment as "burning issues"

Regulating money in politics: India fares BADLY

Regulating money in politics: India fares BADLY

Rediff.com2 Apr 2012

India is among the lowest scoring countries on political finance regulation, according to a new report.

How Many Sensex Companies Bought Electoral Bonds?

How Many Sensex Companies Bought Electoral Bonds?

Rediff.com30 Mar 2024

Collectively, these companies spent Rs 628 crore (Rs 6.28 billion) on political contributions in the past five years, according to their annual reports.

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Rediff.com29 Jul 2024

Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Rediff.com5 Jun 2024

A day after facing massive erosion from their wealth, equity investors became richer by Rs 13.22 lakh crore on Wednesday with markets making a strong comeback. The 30-share BSE Sensex jumped 2,303.19 points, or 3.20 per cent, to settle at 74,382.24. During the day, it rallied 2,455.77 points, or 3.40 per cent, to 74,534.82.

Can't fight elections, don't have money: Sitharaman

Can't fight elections, don't have money: Sitharaman

Rediff.com27 Mar 2024

Union Finance Minister Nirmala Sitharaman on Wednesday said she declined the offer of the Bharatiya Janata Party to contest elections pleading that she did not have the 'kind of funds' required for fighting the Lok Sabha polls.

Yogi holds meet with ministers amid buzz about dissidence

Yogi holds meet with ministers amid buzz about dissidence

Rediff.com17 Jul 2024

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday met ministers from the state at his residence in Lucknow to discuss the upcoming assembly bypolls in 10 constituencies.

What Happens If Biden Drops Out?

What Happens If Biden Drops Out?

Rediff.com11 Jul 2024

The Democrats have elected a set of state representatives who will act as an electoral panel. These representatives will have to pick someone else. This could be Vice President Kamala Harris, who is widely seen as a top contender, but is not popular, points out Aakar Patel.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

Stopped from speaking, Mamata storms out of Niti Aayog meet

Stopped from speaking, Mamata storms out of Niti Aayog meet

Rediff.com27 Jul 2024

Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

BJP States Go All Out With Populist Schemes

BJP States Go All Out With Populist Schemes

Rediff.com20 Jul 2024

Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.

When Politics Scuttles Economic Reforms

When Politics Scuttles Economic Reforms

Rediff.com14 Mar 2022

People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

EC slams Kharge over letter on turnout data, Cong hits back

EC slams Kharge over letter on turnout data, Cong hits back

Rediff.com10 May 2024

The poll panel said it found Kharge's letter, placed in the public domain in the middle of the ongoing electoral process, 'highly undesirable' and designed to create confusion, misdirection and impediment to the conduct of smooth, free and fair elections.

Sri Lanka: 'Political stability must be restored'

Sri Lanka: 'Political stability must be restored'

Rediff.com7 May 2022

'For the common man, the economic conditions are not going to get better.'

TN's Technocrat Finance Minister Faces First Test

TN's Technocrat Finance Minister Faces First Test

Rediff.com12 Aug 2021

Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.

Unjustly targeted, demoralising: BJP's Jayant Sinha on showcause

Unjustly targeted, demoralising: BJP's Jayant Sinha on showcause

Rediff.com23 May 2024

Sinha said that he was not invited for "any party events, rallies or organizational meetings".

Electoral Bonds Exposes Weakness In India's Institutions

Electoral Bonds Exposes Weakness In India's Institutions

Rediff.com22 Feb 2024

When a strong executive decides it wants something, even something that is dangerous and unconstitutional, there is little resistance from within to stop it, notes Aakar Patel.

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

Rediff.com25 Apr 2024

'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'

SBI submits electoral bond details to Election Commission

SBI submits electoral bond details to Election Commission

Rediff.com12 Mar 2024

The State Bank of India (SBI) on Tuesday evening submitted details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order.

I-T sleuths raid unrecognised political parties across India

I-T sleuths raid unrecognised political parties across India

Rediff.com7 Sep 2022

The income tax department on Wednesday conducted raids in multiple states as part of a pan-India tax evasion probe against certain registered unrecognised political parties (RUPP) and their alleged dubious financial transactions, official sources said.

Unemployment: Disease Lies In Education

Unemployment: Disease Lies In Education

Rediff.com24 Jun 2024

In tackling India's unemployment problem, look beyond the finance minister and focus on the education minister, points out Gurbachan Singh.

'Difference between NDA and INDIA is a mere 50 seats'

'Difference between NDA and INDIA is a mere 50 seats'

Rediff.com11 Jun 2024

'Someone who cannot even take his cabinet into confidence, how will he take the NDA alliance into confidence?'

Electoral bonds were a scandal: Amartya Sen

Electoral bonds were a scandal: Amartya Sen

Rediff.com26 Feb 2024

Eminent economist and Nobel laureate Amartya Sen on Monday described the electoral bonds scheme as a scandal and welcomed the Supreme Court's recent judgment annulling it.

Suvendu's Career Hinges On Tamluk

Suvendu's Career Hinges On Tamluk

Rediff.com25 May 2024

'The life of his political career is dependent on success in this constituency.'