News for 'state finance department'

Hard work rewards Himanta Biswa Sarma with CM's mantle

Hard work rewards Himanta Biswa Sarma with CM's mantle

Rediff.com9 May 2021

Sarma's eyes, according to those close to him, were always set on the top job in Assam. However, the leader who owed his early rise to two former chief ministers from the Congress had to toil for many years with dogged determination to achieve his goal.

Watch out for Michael Patra at RBI!

Watch out for Michael Patra at RBI!

Rediff.com5 Feb 2020

'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.

Prolonged lockdown to make India's water crisis worse

Prolonged lockdown to make India's water crisis worse

Rediff.com4 May 2020

Making water available is always a serious challenge in the summer for all public authorities. This year, the challenge is higher when hand-washing at every opportunity has become a necessity. So keeping potable water lines running without a glitch has become most necessary.

Low profile, yet outspoken, Trai's Vaghela knows how to take tough calls

Low profile, yet outspoken, Trai's Vaghela knows how to take tough calls

Rediff.com8 Oct 2020

Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.

Who will bell the Ponzi schemes?

Who will bell the Ponzi schemes?

Rediff.com16 Nov 2015

Even Delhi does not have a full-time registrar of chits.

Pak will buy F-16s from others if US fails to fund: Aziz

Pak will buy F-16s from others if US fails to fund: Aziz

Rediff.com3 May 2016

The two nations had agreed on $700 million deal under which Pakistan was to pay $270 million (Rs 179 crore) from its national funds to purchase eight F-16s while the US was supposed to finance the rest of the amount from its Foreign Military Financing fund.

In its zeal to sell A-I, govt goes slow on others

In its zeal to sell A-I, govt goes slow on others

Rediff.com13 Oct 2021

The Centre's push to sell Air India on priority has led to delays in other strategic divestment proposals, such as privatising United India Insurance, as well as ongoing transactions, such as Shipping Corporation of India (SCI) and Bharat Petroleum Corporation (BPCL), revealed multiple officials involved in the process. The Department of Investment and Public Asset Management (DIPAM) is yet to take new privatisation recommendations of the NITI Aayog to the core group of secretaries on disinvestment (CGD) headed by the Cabinet secretary, said one of the officials. The priority now is to ensure all approvals for Air India are in place since the government intends to hand over the national carrier as early as this month.

Exactly how much does Vodafone Idea owe the govt?

Exactly how much does Vodafone Idea owe the govt?

Rediff.com6 Mar 2020

VIL pegs dues at Rs 21,533 cr, less than half of DoT estimate. During a meeting with Vodafone Group CEO Nick Read, Telecom Minister Ravi Shankar Prasad made it clear that the government is against a monopoly in the telecom sector, and wants Vodafone Idea to survive and remain invested in India.

NSE in firefighting mode to minimise reputational harm after Sebi's order

NSE in firefighting mode to minimise reputational harm after Sebi's order

Rediff.com28 Feb 2022

The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.

Kamala Harris chooses all-women team for chief of staff, NSA, domestic policy advisor

Kamala Harris chooses all-women team for chief of staff, NSA, domestic policy advisor

Rediff.com4 Dec 2020

United States Vice President-elect Kamala Harris has named her Chief of Staff, Domestic Policy Advisor and National Security Advisor -- an all-women team -- which she said has the experience to hit the ground from day one.

Finmin pins hope on vaccine drive for robust recovery in services sector

Finmin pins hope on vaccine drive for robust recovery in services sector

Rediff.com11 Feb 2021

FY22 will be the year to rebuild with the IMF projecting output growth at 11.5 per cent, economic survey at 11.0 per cent and the RBI's Monetary Policy Committee at 10.5 per cent.

Govt readies plan to boost demand with infra spend, cash transfer

Govt readies plan to boost demand with infra spend, cash transfer

Rediff.com11 Jun 2020

This includes an infrastructure push which may lead to the government spending more than its budgeted capital expenditure for 2020-21. There are also discussions on increasing the scope and quantum of direct cash transfers to the beneficiaries who need it the most.

GST collection crosses Rs 1 trillion for third straight month in May

GST collection crosses Rs 1 trillion for third straight month in May

Rediff.com6 Jun 2019

Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20.

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