 | Kerala budget 2023: Petrol, diesel prices to rise; non-electric cars, homes, land & liquor to be costlierThe budget allocated Rs 1,000 crore through Kerala Infrastructure Investment Fund Board (KIIFB) for development of Vizhinjam ring road as an industrial corridor. |
 | Centre scuttling alternative economic schemes of state by slapping financial burden: Kerala CMThe CM also said that BJP runs the government for the corporate houses, and it is they who are ignoring the poor. |
 | Detailed probe into masala bond proceeds imperative, ED informs Kerala High CourtThen the counsel for KIIFB submitted that RBI has not so far filed any response in the case as the court has suo motu impleaded RBI and issued notice to it. |
 | HC breather to former Kerala FM Isaac; directs ED not to issue further summons for two monthsThe Kerala High Court held that there is no justification for the petitioners being repeatedly summoned by the officers of the ED. |
 | Thomas Isaac trying to stall probe into masala bonds case: ED tells Kerala HCED is probing the contravention of regulations of the Foreign Exchange Management Act (FEMA) in the issuance of masala bonds by the Kerala Infrastructure Investment Fund Board. |
 | Kerala HC refuses to stay ED summons, but bars coercive stepsHowever, the court orally instructed the central agency not to take coercive steps pursuant to its impugned summonses. |
 | KIIFB moves Kerala HC against EDFurther, the RBI had given specific authorisation to KIIFB in 2018 to issue Rupee Denominated Bonds for Rs 2,672.8 crore under the extant RDB framework. |
 | It’s advantage Thomas Isaac in first round, Kerala HC upholds his ‘right to privacy’It depends on the subsequent satisfaction of the officer who is conducting the inquiry, it said. |
 | ED can't probe foreign transactions of KIIFB, notice to Isaac has no relevance: V D SatheesanSatheesan said the ED is supposed to investigate money laundering and in the instant matter there are no such allegations. |
 | KIIFB scam: ED a political tool of BJP, nothing else, says Thomas IsaacHe claimed that the ED probe into Kerala Infrastructure Investment Fund Board (KIIFB) has a "clear cut political objective" which was to hamper the development in the southern state. |
| INTERVIEW | Left has been dividing bread, now it’s time to bake some: Ex-Kerala FM Thomas IsaacT M Thomas Isaac, economist, CPM central committee member and two-time finance minister of Kerala, is on a party-imposed break from electoral politics. |
| Money laundering: ED asks Thomas Isaac to appear before it on August 11The ED is probing about KIIFB raising foreign fund through masala bonds. |
| Kerala has to hike infra investments in big way to build ‘Navakeralam’: Thomas IsaacThe state has to increase its investment in infrastructure significantly for the creation of a new Kerala (Navakeralam), said former finance minister T M Thomas Isaac. |
 | Off-budget borrowings: Centre cuts Rs 14k crore from Kerala’s eligible limitThis year it will go down by D3,578 cr from previously calculated NBC of D32,439 crore |
 | KIIFB borrowings not Kerala’s direct liabilities: KN BalagopalThe explanation was in a statement tabled in the assembly. |
 | Now, KIIFB recruits professionals on contract for govt with hefty salaryThe recently-formed department carved out of the planning and economic affairs department is directly monitored by the chief minister. |
 | Flyover, roads on Thiruvananthapuram medical college campus likely to open in MayFirst phase of the 717-crore project includes the development of roads leading to the medical college; initial work for the second phase has started. |
 | Proper debt management plan vital for Kerala: ExpertsV Nagarajan Naidu opined that the state should follow a growth-oriented strategy to tackle the debt menace. |
