News for 'state finance department'

Biden proposes over $25 bn spend in Indo-Pacific to out-compete China

Biden proposes over $25 bn spend in Indo-Pacific to out-compete China

Rediff.com10 Mar 2023

This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.

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.

Ajit Pawar back as deputy CM for 3rd time in 4 yrs

Ajit Pawar back as deputy CM for 3rd time in 4 yrs

Rediff.com2 Jul 2023

Pawar, who was also the deputy CM in the previous Uddhav Thackeray-led Maha Vikas Aghadi (MVA) government, which was in power from November 2019 to June 2022, enjoys the image of a grassroot leader and an able administrator.

I-T raids Maha dy CM Ajit Pawar's family, realtors

I-T raids Maha dy CM Ajit Pawar's family, realtors

Rediff.com7 Oct 2021

Pawar said he was upset that his three sisters were dragged into this.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

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.

In ChatGPT's shadow, India readies for aggressive AI play

In ChatGPT's shadow, India readies for aggressive AI play

Rediff.com11 Mar 2023

The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.

ED allowed to share information about economic offenders with 15 more agencies

ED allowed to share information about economic offenders with 15 more agencies

Rediff.com28 Nov 2022

The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

UN names Hafiz Saeed's brother-in-law as 'global terrorist'

Rediff.com17 Jan 2023

Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.

Bhupendra Patel takes oath as Gujarat CM, allots portfolios

Bhupendra Patel takes oath as Gujarat CM, allots portfolios

Rediff.com13 Dec 2022

Patel was administered the oath as the 18th chief minister by Governor Acharya Devvrat at a function held at the Helipad Ground near the new Secretariat.

Unwell Nitish skips Chennai but Friday's Opposition conclave is very much on

Unwell Nitish skips Chennai but Friday's Opposition conclave is very much on

Rediff.com20 Jun 2023

Ill-health forced Bihar Chief Minister Nitish Kumar to cancel his scheduled visit to Chennai on Tuesday, where he was invited by his Tamil Nadu counterpart MK Stalin, a key aide of the Janata Dal-United leader said.

Stalin's Latest Headache

Stalin's Latest Headache

Rediff.com22 Dec 2023

CM Stalin has a procedural problem. Nominating new ministers would entail his having to seek formal permission from governor R N Ravi. Stalin does not want to interact with the person of this governor, as far as possible, predicts N Sathiya Moorthy.

Maharashtra imposes cap on spending

Maharashtra imposes cap on spending

Rediff.com28 Oct 2004

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.

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

Uddhav strips 9 rebel ministers of portfolios, reassigns to others

Uddhav strips 9 rebel ministers of portfolios, reassigns to others

Rediff.com27 Jun 2022

Maharashtra Chief Minister Uddhav Thackeray has handed over portfolios of nine rebel ministers, who are currently camping in Guwahati, to other ministers.

NASA, ISRO to send joint space missions

NASA, ISRO to send joint space missions

Rediff.com22 Jun 2023

"On space, we will be able to announce that India is signing the Artemis Accords, which advance a common vision for space exploration for the benefit of all humankind," a senior administration official said hours before the meeting between Prime Minister Narendra Modi and President Joe Biden in the Oval Office.

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.

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.

China puts hold on proposal at UN to blacklist 26/11 LeT handler

China puts hold on proposal at UN to blacklist 26/11 LeT handler

Rediff.com17 Sep 2022

China has put a hold on a proposal moved at the United Nations by the United States and co-supported by India to designate Lashkar-e-Taiba (LeT) terrorist Sajid Mir, one of India's most wanted terrorists and the main handler of the deadly 2008 Mumbai attacks, as a global terrorist.

TN governor re-allocates Balaji's portfolios, wants him dropped

TN governor re-allocates Balaji's portfolios, wants him dropped

Rediff.com16 Jun 2023

Tamil Nadu Governor R N Ravi on Friday re-allocated the portfolios held by arrested state Minister V Senthil Balaji, on the recommendations of Chief Minister M K Stalin but "has not agreed" to the minister continuing in the cabinet, the Raj Bhavan said.

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.

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.

Govt Misses Divestment Target

Govt Misses Divestment Target

Rediff.com19 Jan 2023

Ahead of the Budget, the government has achieved almost half the divestment target of Rs 65,000 crore. FY23 divestment receipts are unlikely to be anywhere close to the budgeted target.

'Firecracker blast' reported from TMC leader's house in Bengal's Birbhum

'Firecracker blast' reported from TMC leader's house in Bengal's Birbhum

Rediff.com22 May 2023

Another explosion "linked to illegal firecrackers" took place in West Bengal on Monday, the third such blast within a span of just seven days.

National summit on financial services at GIFT City

National summit on financial services at GIFT City

Rediff.com19 Feb 2014

Gujarat Chief Minister Narendra Modi was the Chief Guest at the event.

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.

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.

'Biren Singh must step down and President's rule imposed immediately'

'Biren Singh must step down and President's rule imposed immediately'

Rediff.com5 Jul 2023

'The central government can stop further destruction... if they have the political will to do so.'

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.

G20 Summit: Startups hope Delhi Declaration to help ease capital access

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Rediff.com11 Sep 2023

The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.

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.

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.

Germany 'takes note' of Rahul's disqualification

Germany 'takes note' of Rahul's disqualification

Rediff.com30 Mar 2023

As Germany took note of Rahul Gandhi's disqualification from Lok Sabha, the Bharatiya Janata Party on Thursday accused the Congress of 'inviting foreign powers' for interference in India's internal matters and the Opposition party hit back, alleging that its rival was attempting to divert attention from the Adani issue.

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.

PSU Disinvestment: Modi Missing The Bus

PSU Disinvestment: Modi Missing The Bus

Rediff.com3 Oct 2023

'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'

Special Session: Even Cabinet Is In The Dark

Special Session: Even Cabinet Is In The Dark

Rediff.com14 Sep 2023

This form of government, where secrets and major decisions are kept from the Cabinet itself, appears to be continuing, which is why the speculation around this special session, asserts Aakar Patel.

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.

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.