News for 'state-for-finance'

Hopes up on eve of Cabinet reshuffle

Hopes up on eve of Cabinet reshuffle

Rediff.com23 May 2003

PM makes stopover in Berlin on way to BRICS Summit in Brazil

PM makes stopover in Berlin on way to BRICS Summit in Brazil

Rediff.com13 Jul 2014

Prime Minister Narendra Modi arrived in Berlin for an overnight stopover on his way to Brazil for the Brazil, Russia, India, China and South Africa (BRICS) Summit meeting that will address regional crises and security threats to restore a climate of peace while advancing global economic stability.

PM Narendra Modi leaves for Brazil on Sunday

PM Narendra Modi leaves for Brazil on Sunday

Rediff.com12 Jul 2014

Prime Minister Narendra Modi leaves for Brazil on Sunday for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development bank and seek reforms of the United Nations and international financial organisations.

Ranjana Kumar to be Nabard chief

Ranjana Kumar to be Nabard chief

Rediff.com10 Oct 2003

Indian Bank chairperson Ranjana Kumar, who turned around the ailing PSU bank last fiscal, is slated to take over as head of National Bank for Agriculture and Rural Development within a week.

PM's 'chopper chori' remark disrupts Parliament

PM's 'chopper chori' remark disrupts Parliament

Rediff.com9 May 2016

The Congress how could the prime minister make such allegations when the defence minister had not stated this in his reply to debates on the controversy in both Rajya Sabha and Lok Sabha last week and sought to know which court was Modi quoting.

FII cap in SBI may be raised

FII cap in SBI may be raised

Rediff.com11 Mar 2003

Seven MNCs delist between Apr-Dec 02

Seven MNCs delist between Apr-Dec 02

Rediff.com4 Mar 2003

Only seven multinational companies have delisted from Indian stock exchanges between April and December last year and their market capitalisation as a proportion of total market cap on exchanges is negligible.

How black money holders can avoid prosecution

How black money holders can avoid prosecution

Rediff.com3 Mar 2015

he government will allow holders of black money abroad to declare their wealth.

'Like any great leader, Modi demands performance'

'Like any great leader, Modi demands performance'

Rediff.com21 Mar 2018

'We are making a transition from governance to campaign mode.' 'The speed of execution is picking up,' says Union Minister Jayant Sinha.

E-refund of income tax from April

E-refund of income tax from April

Rediff.com8 Jan 2004

In a bid to make tax collection paperless and hassle-free, Centre will start E-refund of income tax from April, having put in place E-filing of tax deduction at source and tax information network.

Direct tax collections up 23% in Apr-Dec

Direct tax collections up 23% in Apr-Dec

Rediff.com7 Jan 2004

The direct tax collections rose by about 23 per cent to Rs 64,230 crore (Rs 642.30 billion) in April-December 2003 mainly due to an impressive mop up from the corporate sector.

LG, Pentafour among excise duty evaders: Adsul

LG, Pentafour among excise duty evaders: Adsul

Rediff.com29 Jul 2003

LG Electronics and Pentafour Industries are among the six companies whose premises had been raided for evasion of total central excise duty of Rs 1,159.35 crore (Rs 11,593.5 million) in 2002-03, Rajya Sabha was informed on Tuesday.

Interest rates should drop further: Adsul

Interest rates should drop further: Adsul

Rediff.com26 Jul 2003

The interest rates for lending as well as on deposits should be brought down further to reduce the cost of funds for industry and consumers in the country, Union Minister of State for Finance Anandrao Adsul said on Saturday.

Govt to prepay Rs 5188 cr ADB loan

Govt to prepay Rs 5188 cr ADB loan

Rediff.com12 Dec 2003

The government plans to prepay Rs 5,188 crore (Rs 51.88 billion) worth of high cost debts of Asian Development Bank in the current fiscal, after having prepaid Rs 6,378 crore (Rs 63.78 billion) to the World Bank a few days back.

'Tax collections to exceed target'

'Tax collections to exceed target'

Rediff.com11 Dec 2003

Minister of State for Finance Shripad Naik on Thursday exuded confidence that the overall tax collection would exceed the budget target of Rs 2,41,460 crore (Rs 2,414.60 billion) this fiscal.

SBI plans JV with IT company

SBI plans JV with IT company

Rediff.com5 Dec 2003

State Bank of India is planning a joint venture with a reputed IT company in a bid to bring its technology level at par with the private and foreign banks.

India grew at 5.9% in last decade

India grew at 5.9% in last decade

Rediff.com5 Dec 2003

The ongoing reforms and stress on infrastructure development and fiscal consolidation would have a positive influence on GDP growth, which averaged 5.9 per cent during 1992-2003.

Govt looking for common ground on GST; hopes to pass it soon

Govt looking for common ground on GST; hopes to pass it soon

Rediff.com27 Nov 2015

Govt looking for common ground on GST; hopes to pass it soon.

Essar group overdues total Rs 1,039 crore

Essar group overdues total Rs 1,039 crore

Rediff.com17 Dec 2002

The overdues of Essar group as reported by ICICI, IDBI, IFCI and the RBI totaled Rs 1,039 crore, Minister of State for Finance and Company Affairs Anandrao Adsul said Tuesday.

Has the Sahara group defaulted on its tax dues?

Has the Sahara group defaulted on its tax dues?

Rediff.com17 Dec 2002

Who's telling the truth? The government? Or the high-profile group with interests in para banking, aviation, real estate and the media?

Has the Sahara group defaulted on its tax dues?

Has the Sahara group defaulted on its tax dues?

Rediff.com16 Dec 2002

Who's telling the truth about the Sahara India group? The government of India? Or the high-profile corporate group with interests in para banking, aviation, real estate and the media?

Minister's PA caught taking bribe

Minister's PA caught taking bribe

Rediff.com22 May 2003

CBI sources said a crack team raided a place where Perumal Swamy alias Babu was accepting a bribe of Rs 400,000 from an IRS official Anurag Vardhan.

PM to seek budget inputs from experts at NITI meeting

PM to seek budget inputs from experts at NITI meeting

Rediff.com3 Feb 2015

Experts will give their inputs for Budget.

What DeMo really achieved

What DeMo really achieved

Rediff.com18 Sep 2017

Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.

Why we forget our 'non-high caste' heroes

Why we forget our 'non-high caste' heroes

Rediff.com6 Jul 2016

'Should a leader with such an impeccable record of public life, struggles, meritorious performance and heroism in politics like Babu Jagjivan Ram be weighed on caste and not reviewed for his real worth?' asks Tarun Vijay.

'Tax collections to be on target in FY04'

'Tax collections to be on target in FY04'

Rediff.com21 Nov 2003

Revenue collections will be on target at around Rs 2,50,000 crore (Rs 2,500 billion) this fiscal in view of the impressive direct tax mop-up, Minister of State for Finance Shripad Naik said on Friday.

Further rate cuts of up to 0.75% expected in 2015: Experts

Further rate cuts of up to 0.75% expected in 2015: Experts

Rediff.com4 Mar 2015

The central bank may need to further ease the rates by 50-75 bps.

Finance ministry, RBI agree on key change

Finance ministry, RBI agree on key change

Rediff.com31 Aug 2015

The MPC states that the 4 external members will have a tenure of four years each.

House proceedings washed out for 7th day, Finance Bill not taken up

House proceedings washed out for 7th day, Finance Bill not taken up

Rediff.com13 Mar 2018

The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.

Parliament witnesses chaotic scenes as opposition takes on government

Parliament witnesses chaotic scenes as opposition takes on government

Rediff.com26 Jul 2017

The opposition battled it out with the Centre over farmer issues, the suspension of 6 MPs and the privileges of MPs.

What Jaitley's three Budgets tell us

What Jaitley's three Budgets tell us

Rediff.com30 Jan 2017

Never before in post-reforms India have Union Budgets seen a steady reduction in fiscal deficit for five consecutive years, points out A K Bhattacharya.

GST logjam: Panel suggests dropping 1% additional tax

GST logjam: Panel suggests dropping 1% additional tax

Rediff.com4 Dec 2015

The panel suggested inclusion of alcohol and petroleum products in GST, as is being demanded by the Congress.

Vijay Mallya arrested in London, gets bail

Vijay Mallya arrested in London, gets bail

Rediff.com20 Apr 2017

India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8

Unfazed by PSU banks' losses, Jaitley promises more funds

Unfazed by PSU banks' losses, Jaitley promises more funds

Rediff.com6 Jun 2016

Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.

About 80 items likely on GST exemption list

About 80 items likely on GST exemption list

Rediff.com23 Nov 2016

Grains, non-mineral water might be on the list; biscuits, butter and cheese might attract GST

Sangh mutiny against Modi, Shah if BJP fails to win UP

Sangh mutiny against Modi, Shah if BJP fails to win UP

Rediff.com21 Jan 2017

'The disquiet in the Sangh is, of course, over demonetisation.' 'But more than that, it is about the growing centralisation in the running of the government and party,'

PM's advisor on why NPAs of banks could rise

PM's advisor on why NPAs of banks could rise

Rediff.com21 Aug 2013

The gross NPAs of some public sector banks, including State Bank of India and Punjab National Bank have crossed 4 per cent of the total assets at the end of March, 2013.

Measures taken to stem rupee fall: Chidambaram

Measures taken to stem rupee fall: Chidambaram

Rediff.com20 Aug 2013

The government has taken a number of steps to stem the depreciation of rupee including moderation in demand of non-essential imports and enhancing supply of capital flows, Finance Minister P Chidambaram said.

G20 promises more steps to boost global GDP by $2 trillion

G20 promises more steps to boost global GDP by $2 trillion

Rediff.com21 Sep 2014

Although as per the IMF-OECD estimates, an incremental growth of 1.8 per cent in global GDP is achievable