News for 'state finance department'

Compliant with Indian laws: CPR, Oxfam after I-T raids

Compliant with Indian laws: CPR, Oxfam after I-T raids

Rediff.com9 Sep 2022

The government has cancelled the FCRA registration of nearly 1,900 NGOs for violating various provisions of the law in the last five years. There were 22,762 FCRA-registered organisations till December-end 2021.

Maruti urges Guj Gov to rework Hansalpur plant agreement

Maruti urges Guj Gov to rework Hansalpur plant agreement

Rediff.com5 Mar 2014

Maruti Suzuki is keen that the Gujrat government revises payment condition in the agreement it signed with the former for setting up a plant in Hansalpur.

LG-Kejriwal tussle refuses to die down despite one-hour meeting

LG-Kejriwal tussle refuses to die down despite one-hour meeting

Rediff.com14 Jan 2023

Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.

Govt to create higher education financing agency

Govt to create higher education financing agency

Rediff.com2 Mar 2016

Entrepreneurship, education and training will be provided in 2,200 colleges, 300 schools, 500 government ITIs and 50 vocational training centres through massive open online courses.

New Covid strains may lead to spike in hospitalisation, fear experts

New Covid strains may lead to spike in hospitalisation, fear experts

Rediff.com27 Oct 2022

An immune-escape Covid-19 strain coupled with the natural spike in influenza and pneumonia cases during winters may lead to a rise in hospitalisation.

Niti Aayog's suggestions to improve governance in states

Niti Aayog's suggestions to improve governance in states

Rediff.com14 Aug 2015

Niti Aayog has come out with an initiative to improve governance in states.

Arun Jaitley cremated with state honours, hundreds pay last respect

Arun Jaitley cremated with state honours, hundreds pay last respect

Rediff.com25 Aug 2019

BJP workers and mourners queued up in large numbers outside the party headquarters since morning to pay their last respects to the leader.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Rediff.com6 Mar 2023

Confirming a meeting with the top management of the Adani Group, Life Insurance Corporation Chairman M R Kumar said on Sunday that the interaction had gone well. "There's nothing I can state as of now on the outcome of that meeting. "But yeah, we've had the meeting....we are quite happy about this meeting," Kumar said on the sidelines of the 22nd Global Conference of Actuaries in New Delhi.

Delhi allows home delivery of liquor for orders placed on app, website

Delhi allows home delivery of liquor for orders placed on app, website

Rediff.com1 Jun 2021

The move will boost the government's revenue at a time when Delhi's economy is struggling in view of the Covid-induced lockdown that has been in place since April 19.

Database State to Surveillance State

Database State to Surveillance State

Rediff.com31 Jan 2017

The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.

Rs 6,000 cr scam accused may get Maha cabinet berth

Rs 6,000 cr scam accused may get Maha cabinet berth

Rediff.com10 Aug 2022

All the Shiv Sena rebels who had resigned as ministers of the previous MVA government to join the Shinde camp were inducted into the new cabinet on Tuesday.

Himanta inducts 2 cabinet ministers, rejigs several seniors' portfolios

Himanta inducts 2 cabinet ministers, rejigs several seniors' portfolios

Rediff.com9 Jun 2022

The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.

The Many Portfolios Of Yogi Adityanath

The Many Portfolios Of Yogi Adityanath

Rediff.com4 Apr 2022

In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.

Fadnavis govt hit by another scam: Vinod Tawde faces graft allegations

Fadnavis govt hit by another scam: Vinod Tawde faces graft allegations

Rediff.com30 Jun 2015

Another minister -- Vinod Tawde -- has been accused of corruption in awarding contracts.

GST Council may take up e-game tax in December meet

GST Council may take up e-game tax in December meet

Rediff.com22 Oct 2022

It will also be new Revenue Secretary Sanjay Malhotra's first GST Council meeting. He will take charge after the incumbent Tarun Bajaj retires on November 30.

Will govt restart rupee-rouble trade?

Will govt restart rupee-rouble trade?

Rediff.com10 Mar 2022

The government may soon give the green light to bilateral trade between Russia and India in their national currencies to avoid any trade disruptions, multiple people aware of the matter said. While the Department of Commerce has recommended the proposal, an announcement is likely to be made by the finance ministry after further deliberations between the Department of Economic Affairs and Department of Financial Services. "The finance ministry will take a call on how to peg the two currencies," a senior government official told Business Standard. In the past, the two nations have had rupee-rouble trade, and when such an arrangement is implemented again, it will bypass the sanctions imposed on Russia by the West.

BJP strikes back as Kharge calls Modi a 'poisonous snake'

BJP strikes back as Kharge calls Modi a 'poisonous snake'

Rediff.com27 Apr 2023

Congress President M Mallikarjun Kharge on Thursday likened Prime Minister Narendra Modi to a "poisonous snake", drawing strong rebuke from the Bharatiya Janata Party which said "hate is coming out" with such comments and sought an apology from the veteran leader.

As fuel prices skyrocket, it's the Centre who earned the most

As fuel prices skyrocket, it's the Centre who earned the most

Rediff.com8 Jun 2018

The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

Pranab cremated with full state honours in shadow of pandemic

Pranab cremated with full state honours in shadow of pandemic

Rediff.com1 Sep 2020

Mukherjee's family and relatives paid their last respects clad in PPE kits while conforming to COVID-19 safeguards.

Sebi asks Indiabulls to take a few corrective measures

Sebi asks Indiabulls to take a few corrective measures

Rediff.com5 Mar 2022

Market regulator Securities and Exchange Board of India (Sebi) in its investigation against Indiabulls Housing Finance has found the mortgage financier non-compliant with regards to unavailability of certain information on its website as well as its internal policy. Thereby, it has directed the company to take corrective measures and inform the stock exchanges in a months' time. Several public interest litigations (PILs) and FIRs were filed against Indiabulls Housing Finance back in 2019, alleging irregularities, siphoning of funds, and other violations committed by the promoters of the company.

Trump first US ex-president to face criminal charge, expected to surrender on Monday

Trump first US ex-president to face criminal charge, expected to surrender on Monday

Rediff.com31 Mar 2023

Donald Trump has been indicted by a Manhattan grand jury on charges related to paying off a porn star during his 2016 presidential campaign, making him the first former US president to face a criminal charge and upending his bid to retake the White House in 2024.

Meet FM's A-team behind Budget 2022

Meet FM's A-team behind Budget 2022

Rediff.com31 Jan 2022

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.

Maharashtra imposes cap on spending

Maharashtra imposes cap on spending

Rediff.com28 Oct 2004

Govt likely to miss capex target for FY 21-22

Govt likely to miss capex target for FY 21-22

Rediff.com14 Apr 2022

Only 80.6 per cent of the Rs 6-trillion allocation has been spent by February, data from the Controller General of Accounts shows.

AIADMK-BJP Snipe At Each Other

AIADMK-BJP Snipe At Each Other

Rediff.com26 May 2023

The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.

Was Narasimha Rao India's Best Prime Minister?

Was Narasimha Rao India's Best Prime Minister?

Rediff.com22 Aug 2023

'He told senior journalists a few days after the Babri Masjid demolition, 'Jo hua theek hua. Maine isliye hone diya ki BJP ki rajniti hamesha ke liye khatam ho jaye.'

'Govt equity in Vodafone Idea hinges on stock recovery'

'Govt equity in Vodafone Idea hinges on stock recovery'

Rediff.com31 Oct 2022

The conversion of interest into equity stake for the government in Vodafone Idea (Vi) will be decided after the telecommunications (telecom) company's stock price stabilises above Rs 10, India's largest mobile tower installation company Indus Towers has said in its second-quarter report. The board of Vi had, in January, approved the conversion of Rs 16,130 crore worth of interest on adjusted gross revenue dues into equity for the government. This will give the government around 33 per cent stake in Vi.

Himachal CM Sukhu to expand cabinet, Vikramaditya among new ministers

Himachal CM Sukhu to expand cabinet, Vikramaditya among new ministers

Rediff.com7 Jan 2023

The swearing-in ceremony of the new ministers would take place at the Raj Bhavan in Shimla on January 8 at 10 am, the sources said on Saturday.

Sharif meets US Secretary of State Kerry, talks counterterrorism

Sharif meets US Secretary of State Kerry, talks counterterrorism

Rediff.com21 Oct 2013

Visiting Pakistan Prime Minister Nawaz Sharif on Monday met United States Secretary of State John Kerry and discussed a wide range of bilateral and regional issues, the state department said.

Govt saved Rs 10,000 crore in interest costs in FY22

Govt saved Rs 10,000 crore in interest costs in FY22

Rediff.com9 Jun 2022

Union finance secretary T V Somanathan recently said the Centre had saved Rs 10,000 crore in FY22 on interest payments after adopting new accounting mechanisms for central government agencies and centrally sponsored schemes (CSS) for state governments. Speaking at an event, Somanathan said due to these, there was an unspent balance of Rs 1.2 trillion with state agencies from CSS as on March 31, 2022. This means this amount will be reduced from the Centre's borrowing for now and it can be considered a short-term saving for the exchequer.

Govt invites applications for chief economic adviser post

Govt invites applications for chief economic adviser post

Rediff.com26 Oct 2021

The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month. Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.

Kailash Gehlot presents Delhi budget, remembers Sisodia

Kailash Gehlot presents Delhi budget, remembers Sisodia

Rediff.com23 Mar 2023

The Delhi government's budget size for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the preceding year.

'We are closing loopholes exploited by highest level of taxpayers'

'We are closing loopholes exploited by highest level of taxpayers'

Rediff.com3 Feb 2023

'...Market-linked debentures, high-value insurance, exemptions from capital gains by investment in real estate, etc.' 'So, there are a number of measures directed at collecting a fair share from higher income individuals.'

Raising funds for jihad is treason, rules Lahore HC

Raising funds for jihad is treason, rules Lahore HC

Rediff.com27 Jan 2022

Inciting the public to raise funds for jihad (holy war) is not allowed to individuals or any organisation in Pakistan and is considered as treason, the Lahore high court has ruled even as it dismissed appeals of two terrorists convicted for raising funds for a proscribed terror outfit.

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Rediff.com9 Aug 2022

Banks have raised concerns over the new international trade settlement in rupee, fearing that facilitation of such a mechanism could result in them facing the ire of economic sanctions by the West, people aware of the matter said. Large banks with overseas operations have sought clarity and assurance from the Reserve Bank of India (RBI) that they will not be targeted with sanctions for facilitating rupee trade with a sanction-hit country such as Russia. The present payment mechanism is a shift from earlier such arrangements, like the one with sanction-hit Iran, which involved banks facilitating settlement of international trade that did not have business in the sanctioned nation.

India led G20 very well to date, but...: US

India led G20 very well to date, but...: US

Rediff.com3 Mar 2023

India as the G20 host has a 'unique role' to play in bringing about an end to the war in Ukraine due to its 'longstanding historical' ties to Russia, the United States has said, expressing hope to work closely with New Delhi to find a way to stop the conflict.