Opposing the Centre's stand that the PM CARES Fund was not a government fund, a lawyer told the Delhi High Court Wednesday that there was no factor to show that the fund was private in nature.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
'Think of the brain like a machine, and Alzheimer's is like rust.'
'Like a rusty machine breaks down, a rusty brain also breaks down. And when it breaks down, you have memory loss, cognitive issues and so on.'
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
It also opposed the suggestion that the contributions be transferred to the National Disaster Response Fund.
Observing that the issue concerning the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is 'not so simple' the high court asked the Centre to file a 'detailed and exhaustive' response in the matter.
The Sagara town police in Shivamogga district registered the case on Wednesday based on a complaint by Praveen K V, who alleged that @INCIndia, the official Twitter handle of the Congress, tried to create distrust among masses with its tweet by spreading 'baseless charges.'
As per the plea, the PM CARES trust, with Prime Minister Narendra Modi as its chairperson and ministers from departments of defence, home and finance as its members, was created with the prime objective of dealing with the emergency or distress caused by the coronavirus.
'Ultimately, everything has to be shared. That's why you have that talent. To share it. Unless you share, it won't continue.'
FIFA President Gianni Infantino announced on Friday that the world soccer's governing body has abandoned its controversial plans to sell a stake in the World Cup to private investors, following widespread backlash from major confederations and internal dissent.
The solicitor general said that the PM CARES Fund is a 'voluntary fund'. "It is a public trust. It is a body where you can make voluntary contributions and no budgetary allocations to the NDRF or SDRF are being touched. What has to be spent will be spent," the law officer said.
The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.
'I don't see fear becoming a dominant factor for retail investors.'
Marriage, childbirth, dependent parents and ageing increase the cover a person needs.
The firm, headed by Sunil Kumar Gupta, was appointed auditors of the PM's National Relief Fund in 2019, reports Archis Mohan
Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
A bench headed by Justice Ashok Bhushan and comprising justices R S Reddy and M R Shah said that voluntary contribution can always be made to the NDRF as there is no statutory bar under the Disaster Management Act.
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund was established in March last year with the primary objective to deal with any kind of emergency situation like the one currently posed by the COVID-19 outbreak and provide relief to those affected.
Young students are diverting their personal savings, originally intended for gadgets or college expenses, to fund their participation in the ongoing protests at Jantar Mantar, highlighting their commitment to issues affecting their future.
The Delhi high court on Friday advanced to December 10 the hearing on pleas to declare the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund a 'State' under the Constitution and a 'public authority' under the Right to Information Act to ensure transparency in its functioning.
'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'
UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.
The Supreme Court of India has strongly criticised comedian Samay Raina and YouTubers Ranveer Allahbadia and Ashish Chanchlani for failing to comply with its previous order regarding disability awareness. The court expressed dismay over Raina's non-compliance and his alleged insensitive remarks about persons with disabilities, urging the Centre to consider a stringent law against such derogatory comments.
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rediffGURU Ulhas Joshi answers your mutual fund queries.
If any corruption has taken place in the Brihanmumbai Municipal Corporation, which was ruled by the undivided Shiv Sena for more than two decades, then probe it, but also inquire into the work done by states during the pandemic, he said.
Interim All India Tennis Association (AITA) President Chintan Parikh has accused court-appointed administrator Justice (Retd.) Gita Mittal of financial exploitation and procedural bias, alleging that her actions are draining the sports body's finances and compromising its autonomy.
'It would have never crossed anybody's mind where life would have taken us or that Irrfanji would fall sick.'
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
The disbursal included Rs 1,000 crore for migrant welfare and over Rs 1,392 crore for procurement of Covid vaccine doses.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
L'Oral has announced its acquisition of a majority stake in Innovist, an Indian direct-to-consumer (D2C) personal care company, marking a significant expansion in India's rapidly growing beauty industry.
Families of five women suffering severe kidney infections after C-section deliveries at Kota's New Medical College Hospital (NMCH) have issued a 48-hour ultimatum to district authorities, demanding concrete timelines for kidney transplants. The women have undergone 32 rounds of dialysis, with families facing financial ruin and emotional distress.
Dharmendra Pradhan's resignation is significant because it punctures, however slightly, the perception that the Modi government never retreats under pressure. Every long-serving government eventually reaches a point where every institutional failure is identified with the leader himself. Removing the minister may have prevented that political burden from falling directly on Modi. Whether it also resolves the underlying crisis is another matter, notes Ramesh Menon.
Many Australian cricketers are looking to leave the IPL early amid fears they will be locked out of the country because of India's escalating COVID-19 crisis.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The fund generated a lot of interest immediately after Prime Minister Narendra Modi announced its formation of the fund in the last week of March after the COVID-19 outbreak and appealed for donations, prompting several private firms, government bodies and individuals, including celebrities, to donate money.
Net mutual fund inflows into active equity schemes in India plummeted by 40 per cent month-on-month in May, reaching a one-year low of 22,908 crore, primarily due to weaker lump-sum investments and increased redemptions amidst significant market volatility and global uncertainties.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
