News for 'state finance department'

Govt wants PSUs to ramp up dividends, share buybacks

Govt wants PSUs to ramp up dividends, share buybacks

Rediff.com28 May 2020

This comes at a time when the COVID-19 crisis is expected to derail the government's revenue maths for 2020-21, hitting the mop-up from sources such as taxes and divestment.

Modi reconstitutes Niti Aayog; Shah ex-officio member

Modi reconstitutes Niti Aayog; Shah ex-officio member

Rediff.com6 Jun 2019

Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

Revealed: Politics behind the long walk home

Revealed: Politics behind the long walk home

Rediff.com31 Mar 2020

The Centre and state governments bonded and then fell apart during the longest lockdown walk.

Trump proposes to convert US grant to Pakistan into loan

Trump proposes to convert US grant to Pakistan into loan

Rediff.com23 May 2017

However, the Trump administration has left it for the State Department to take a final call on the issue.

TMC or BJP, big-ticket projects still a pipedream for Bengal

TMC or BJP, big-ticket projects still a pipedream for Bengal

Rediff.com8 Feb 2021

In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.

Work on Modi Sarkar's last full Budget begins this week

Work on Modi Sarkar's last full Budget begins this week

Rediff.com10 Sep 2017

As per practice a vote-on-account or approval for essential government spending for a limited period is taken in the election year and a full-fledged budget presented by the new government.

Vedanta confirms bidding for govt's stake in BPCL

Vedanta confirms bidding for govt's stake in BPCL

Rediff.com18 Nov 2020

The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).

Subsidy for jobs creation, IT relief for homes: FM

Subsidy for jobs creation, IT relief for homes: FM

Rediff.com12 Nov 2020

Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer's contribution (12 per cent of wages) totalling 24 per cent of wages would be given to establishments for two years, she said. Under the Aatmanirbhar Bharat Rozgar Yojana, every Employees' Provident Fund Organisation (EPFO)-registered establishment taking new employees would get this subsidy.

Bengal woos investors with govt land

Bengal woos investors with govt land

Rediff.com30 Dec 2015

'Scarcity of land in Bengal is a myth.'

Dept of Post, Mahindras, Sun Pharma join banking race

Dept of Post, Mahindras, Sun Pharma join banking race

Rediff.com4 Feb 2015

The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.

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