Kerala budget 2023: Petrol, diesel prices to rise; non-electric cars, homes, land & liquor to be costlier

The budget allocated Rs 1,000 crore through Kerala Infrastructure Investment Fund Board (KIIFB) for development of Vizhinjam ring road as an industrial corridor.

published on : 3rd February 2023

Centre scuttling alternative economic schemes of state by slapping financial burden: Kerala CM

The CM also said that BJP runs the government for the corporate houses, and it is they who are ignoring the poor.

published on : 17th January 2023

Detailed probe into masala bond proceeds imperative, ED informs Kerala High Court

Then 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.

published on : 16th November 2022

HC breather to former Kerala FM Isaac; directs ED not to issue further summons for two months   

The Kerala High Court held that there is no justification for the petitioners being repeatedly summoned by the officers of the ED.

published on : 10th October 2022

Thomas Isaac trying to stall probe into masala bonds case: ED tells Kerala HC

ED 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.

published on : 25th September 2022

Kerala HC refuses to stay ED summons, but bars coercive steps

However, the court orally instructed the central agency not to take coercive steps pursuant to its impugned summonses.

published on : 17th August 2022

KIIFB moves Kerala HC against ED

Further, 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.

published on : 13th August 2022

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.

published on : 12th August 2022

ED can't probe foreign transactions of KIIFB, notice to Isaac has no relevance: V D Satheesan

Satheesan said the ED is supposed to investigate money laundering and in the instant matter there are no such allegations.

published on : 11th August 2022

KIIFB scam: ED a political tool of BJP, nothing else, says Thomas Isaac 

He 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.

published on : 11th August 2022

INTERVIEW | Left has been dividing bread, now it’s time to bake some: Ex-Kerala FM Thomas Isaac

T M Thomas Isaac, economist, CPM central committee member and two-time finance minister of Kerala, is on a party-imposed break from electoral politics.

published on : 7th August 2022

Money laundering: ED asks Thomas Isaac to appear before it on August 11

The ED is probing about KIIFB raising foreign fund through masala bonds.

published on : 4th August 2022

Kerala has to hike infra investments in big way to build ‘Navakeralam’: Thomas Isaac

The 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.

published on : 25th July 2022

Off-budget borrowings: Centre cuts Rs 14k crore from Kerala’s eligible limit

This year it will go down by D3,578 cr from previously calculated NBC of D32,439 crore

published on : 22nd July 2022

KIIFB borrowings not Kerala’s direct liabilities: KN Balagopal

The explanation was in a statement tabled in the assembly.

published on : 21st July 2022

Now, KIIFB recruits professionals on contract for govt with hefty salary

The recently-formed department carved out of the planning and economic affairs department is directly monitored by the chief minister.

published on : 14th June 2022

Flyover, roads on Thiruvananthapuram medical college campus likely to open in May

First phase of the 717-crore project includes the development of roads leading to the medical college; initial work for the second phase has started.

published on : 2nd May 2022

Proper debt management plan vital for Kerala: Experts

V Nagarajan Naidu opined that the state should follow a growth-oriented strategy to tackle the debt menace.

published on : 10th March 2022