Search results for 'General Financial Rules'

Why electric two-wheelers missed the ambitious 1 million sales target

Why electric two-wheelers missed the ambitious 1 million sales target

Rediff.com1 Mar 2023

With just a month left in this financial year, electric two-wheeler sales, so far, are at just 62 per cent of the ambitious target of 1 million units set for 2022-23 by the NITI Aayog. According to VAHAN data, compiled by the Society of Manufacturers of Electric Vehicles (SMEV), 620,006 units of electric two-wheelers were sold across the country in FY23 until February 21. Though the industry may miss the 1-million target, sales in FY23 are already up 146 per cent from 249,621 units sold in FY22.

10 Reasons Why Dating Is Hard In India

10 Reasons Why Dating Is Hard In India

Rediff.com23 Sep 2022

Parental interference is a nuisance for young Indian daters, observes Ravi Mittal, CEO, Quack Quack, an online dating app. They either have a problem with the person their child is dating or with dating in general.

Is The Congress Doomed?

Is The Congress Doomed?

Rediff.com7 Dec 2023

The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Rediff.com13 May 2023

In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations. IBBI has called the exercise "crowdsourcing of ideas".

India Inc backs Army action, rules out impact on economy

India Inc backs Army action, rules out impact on economy

Rediff.com29 Sep 2016

India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Rediff.com28 Apr 2023

Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.

Roadmap of united anti-BJP front in 2024 discussed at mega Oppn meet

Roadmap of united anti-BJP front in 2024 discussed at mega Oppn meet

Rediff.com23 Jun 2023

A basic outline and roadmap for Opposition unity are likely to be deliberated upon with the contentious issue of seat sharing and leadership questions to be avoided for now.

Companies bag Rs 5000 crore 'Make in India' contracts

Companies bag Rs 5000 crore 'Make in India' contracts

Rediff.com4 Apr 2018

One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rediff.com21 Oct 2022

The 42-year-old is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback. Third placed in what is emerging as a three-way contest is Leader of the Commons Penny Mordaunt, who had polled third in the first round of parliamentary votes to shortlist candidates for the last leadership race.

Long-pending four labour codes may go live by June-end

Long-pending four labour codes may go live by June-end

Rediff.com6 Apr 2022

Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.

Draft rules tighten tax norms for MNCs

Draft rules tighten tax norms for MNCs

Rediff.com24 Dec 2015

The rules will affect Indian companies that take most decisions about their foreign subsidiaries.

Extension for ED director illegal, tenure ends on July 31, amendments fine: SC

Extension for ED director illegal, tenure ends on July 31, amendments fine: SC

Rediff.com11 Jul 2023

The 1984-batch IRS officer was otherwise to remain in office till November 18, 2023, according to the notification issued by the government.

Want To Send Your Car To The Graveyard?

Want To Send Your Car To The Graveyard?

Rediff.com1 Jun 2023

One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.

Who Really Killed Hardeep Singh Nijjar?

Who Really Killed Hardeep Singh Nijjar?

Rediff.com26 Sep 2023

'This whole story is going to become extremely murky and that discovering who is an agent of the Indian government is not necessarily a simple matter.' 'And that if Trudeau was to name (the person) who he thinks is the connection with the Indian government, that the Indian government will be sure to have some deniability and will be able to say he had nothing to do with us.'

Finance ministry rules out COO appointment in RBI

Finance ministry rules out COO appointment in RBI

Rediff.com14 Aug 2014

The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

Rediff.com18 Mar 2023

Senior Congress leader Jairam Ramesh on Saturday said he does not see a 'middle path' to end the logjam in Parliament as the Opposition's demand for a Joint Parliamentary Committee (JPC) probe into the Adani issue was 'non-negotiable' and the question of an apology over Rahul Gandhi's remarks in the United Kingdom does not arise.

India's bad loan problem is not a purely financial one!

India's bad loan problem is not a purely financial one!

Rediff.com3 Apr 2017

It is a national economic problem and one that requires a political solution hand in hand with a clear government commitment to stand behind core national assets, says Vinayak Chatterjee.

Land-for-jobs 'scam': Tejashwi questioned by CBI; ED quizzes sister Misa

Land-for-jobs 'scam': Tejashwi questioned by CBI; ED quizzes sister Misa

Rediff.com25 Mar 2023

Both the central agencies had recently initiated action in the case, with the CBI questioning Lalu Prasad and his wife and former Bihar chief minister Rabri Devi and the ED carrying out raids against the RJD chief's family.

'All of them were worried how they would survive'

'All of them were worried how they would survive'

Rediff.com3 Jul 2023

'Why is a powerful person called Amit Shah who camped in Manipur for three days not able to maintain law and order in the state?'

IRDAI mulls linking insurance frauds with individuals' credit score

IRDAI mulls linking insurance frauds with individuals' credit score

Rediff.com27 Jun 2022

The Insurance Regulatory and Development Authority of India (IRDAI) is considering a proposal to make insurance frauds a parameter for calculating credit scores in an attempt to put a lid on the increase in such activity. The proposal, which is a part of the recommendations made by a working group formed by Irdai and the General Insurance Council, suggests that insurance frauds should feature when the risk profiles of individuals are evaluated and should be used to calculate their credit scores. A poor credit score can deprive a person of financial services such as loans and credit cards, and deter him from indulging in fraud.

Kim is alive, but is he well enough to rule North Korea?

Kim is alive, but is he well enough to rule North Korea?

Rediff.com4 May 2020

'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.

The Politics Of Freebies

The Politics Of Freebies

Rediff.com22 May 2023

Why did Karnataka's economic prosperity fail to influence the nature of electoral promises made by political parties in the run-up to the assembly elections? asks A K Bhattacharya.

Will be 'doubly careful', says SpiceJet CMD after DGCA notice

Will be 'doubly careful', says SpiceJet CMD after DGCA notice

Rediff.com6 Jul 2022

SpiceJet will now be 'doubly careful' and strengthen inspection of aircraft before they leave to operate flights, airline's Chairman and Managing Director Ajay Singh said on Wednesday.

B-Schools: Consulting Tops Interns Hires

B-Schools: Consulting Tops Interns Hires

Rediff.com9 Nov 2022

...followed by financial services, IT, and sales and marketing.

What To Do With Investments In FY24

What To Do With Investments In FY24

Rediff.com12 Apr 2023

Avoid discontinuing your SIPs. Persist for at least 7-10 years.

EC delists 86 more fictitious political parties, total number at 357

EC delists 86 more fictitious political parties, total number at 357

Rediff.com13 Sep 2022

The Election Commission on Tuesday ordered the delisting of another 86 'non-existent' registered unrecognised political parties, raising the number of such organisations red flagged by the poll panel for failing to comply with electoral rules to 537.

No separate norm for lawmakers on suspension of conviction, sentence: SC

No separate norm for lawmakers on suspension of conviction, sentence: SC

Rediff.com29 Mar 2023

The bench said that it has to be in exceptional circumstances when the conviction needs to be stayed and it cannot be a norm.

'Hum Adani ke hain kaun': Cong targets Modi govt over Hindenburg report

'Hum Adani ke hain kaun': Cong targets Modi govt over Hindenburg report

Rediff.com6 Feb 2023

Adani group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. The group has maintained it complies with all laws and disclosure requirements.

SC's coal block ruling could add to woes of power cos

SC's coal block ruling could add to woes of power cos

Rediff.com26 Aug 2014

De-allocation could raise import bill by $3 billion, add to coal shortage.

Adani stocks rout: Opposition stalls Parliament, seeks probe

Adani stocks rout: Opposition stalls Parliament, seeks probe

Rediff.com3 Feb 2023

Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.

Complaints over flight cancellations, denial of boarding dip in FY22

Complaints over flight cancellations, denial of boarding dip in FY22

Rediff.com20 Aug 2022

As air travel gathered steam in financial year 2021-22 (FY22) after being restricted the previous year, fewer passengers were affected by flight cancellations. Directorate General of Civil Aviation (DGCA) figures show that there were 40 per cent fewer flyers in FY22 than in FY20, but 60 per cent fewer passengers were impacted by cancellations, and 80 per cent fewer passengers were denied boarding. FY20 was the last financial year when India's booming aviation industry carried out full-scale operations before being completely grounded for a couple of months due to the Covid-19 pandemic.

Dept of Public Enterprises now part of FinMin

Dept of Public Enterprises now part of FinMin

Rediff.com7 Jul 2021

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).

Twitter to form content moderation council for major decisions: Musk

Twitter to form content moderation council for major decisions: Musk

Rediff.com29 Oct 2022

Musk has not yet offered details about how his content moderation council will work.

5 MFs You Can Invest In

5 MFs You Can Invest In

Rediff.com16 Sep 2022

Nikunj Saraf, Vice President Choice Wealth, will answers your MF queries.

Time To Ladder Up Your FD Deposits

Time To Ladder Up Your FD Deposits

Rediff.com18 Apr 2023

'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'

Adani stock crash rocks Parliament for second day

Adani stock crash rocks Parliament for second day

Rediff.com3 Feb 2023

Proceedings in both Lok Sabha and Rajya Sabha were disrupted as Opposition members raised slogans demanding a discussion and a Joint Parliamentary Committee (JPC) probe into the fraud-allegation-triggered rout.

Leave Encashment: What You Must Know

Leave Encashment: What You Must Know

Rediff.com17 Feb 2023

'The number of leave accumulated sometimes goes up to 300.' 'The encashed amount is equivalent to almost 10 months' salary.'

UAE becomes first country to transition to 4-and-half day work week

UAE becomes first country to transition to 4-and-half day work week

Rediff.com7 Dec 2021

The United Arab Emirates on Tuesday announced to change its existing five-day workweek to a four-and-a-half day starting January 1, becoming the world's first country to make the employee-friendly transition as part of its efforts to improve productivity and work-life balance. According to the new schedule, Monday to Thursday the work timings would be from 7.30 am to 3.30 pm, followed by a half day on Friday from 7.30 am to 12.00 pm, said the UAE Government Media Office. Saturdays and Sundays are full-day holidays under the new rule.

TRS goes national, renamed as Bharat Rashtra Samiti

TRS goes national, renamed as Bharat Rashtra Samiti

Rediff.com5 Oct 2022

A resolution to this effect was passed at the party's general body meeting in Hyderabad, party sources said.

Switzerland may tighten anti-money laundering rules

Switzerland may tighten anti-money laundering rules

Rediff.com19 Jun 2015

Switzerland may tighten its anti-money laundering laws after a report by a government-appointed group found the country was still subject to financial crime.