News for 'Controller General of Accounts'

How To Calculate Your Retirement Fund: A Step-by-Step Guide

How To Calculate Your Retirement Fund: A Step-by-Step Guide

Rediff.com21 Aug 2024

Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.

Health Premiums Rise: How To Stay Covered

Health Premiums Rise: How To Stay Covered

Rediff.com21 Aug 2024

Consider a combination of a base policy and a super top-up policy.

Aug tax mop-up gives boost to govt finances

Aug tax mop-up gives boost to govt finances

Rediff.com15 Oct 2023

The Union government's finances witnessed significant improvement in August after a stressful first four months of the current fiscal year. India's gross tax revenue, comprising both direct and indirect taxes, for the first five months of 2023-24 surged 16.5 per cent year-on-year (Y-o-Y) to Rs 11.8 trillion. During the April-July period, gross tax revenue increased by a mere 2.8 per cent compared to the Budget Estimate of 12.1 per cent growth for FY24.

Volume outperformance, steady results factored into Bajaj Auto's valuations

Volume outperformance, steady results factored into Bajaj Auto's valuations

Rediff.com25 Jul 2024

Bajaj Auto reported steady results in Q1FY25, with revenue surging 16 per cent year-on-year (Y-o-Y), operating profit registering a growth of 24 per cent Y-o-Y, and margins swelling 20.2 per cent. The profitability was aided by 50 basis points (bps) on the accrual of PLI benefits. The domestic prospects for two-wheelers are healthy, though the response to the newly launched CNG motorcycle is a key monitorable.

India's GDP Grows 7.6%, Beats China

India's GDP Grows 7.6%, Beats China

Rediff.com30 Nov 2023

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the fastest-growing major economy, as China posted a 4.9 per cent growth in July-September 2023.

HC orders Haryana govt to remove barricades at Shambhu border

HC orders Haryana govt to remove barricades at Shambhu border

Rediff.com11 Jul 2024

The Punjab and Haryana high court on Wednesday ordered the Haryana government to remove within a week the barricading set up at the Shambhu border near Ambala where farmers have been camping since February 13 when their 'Delhi Chalo' march was stopped.

How Front-Running Hurts MFs, Investors

How Front-Running Hurts MFs, Investors

Rediff.com26 Jun 2024

Cases of front-running mostly happen when large asset managers and intermediaries are involved in bulk trades as their transaction size is generally big enough to impact the stock price.

Growth, valuations support Ashok Leyland as competition rises in industry

Growth, valuations support Ashok Leyland as competition rises in industry

Rediff.com1 Jul 2024

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.

'There Has to Be Exemplary Punishments'

'There Has to Be Exemplary Punishments'

Rediff.com27 Aug 2024

'These allegations need to be treated with utmost seriousness.'

Assault case filed against director Ranjith, 4 actors under cloud

Assault case filed against director Ranjith, 4 actors under cloud

Rediff.com26 Aug 2024

The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.

56-inch chest, connection with God history now: Rahul's dig at Modi

56-inch chest, connection with God history now: Rahul's dig at Modi

Rediff.com10 Sep 2024

When asked about the Uniform Civil Code, Gandhi said he would comment on it only after he knows what is BJP's proposal.

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Rediff.com14 Jan 2024

The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.

Want To Have Steady Income? SWP Can Help

Want To Have Steady Income? SWP Can Help

Rediff.com2 Sep 2024

Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.

Strong growth prospects, mixed valuations seen for Info Edge stock

Strong growth prospects, mixed valuations seen for Info Edge stock

Rediff.com21 Aug 2024

Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.

From IPL humiliation to Test debut: The unbelievable rise of Yash Dayal

From IPL humiliation to Test debut: The unbelievable rise of Yash Dayal

Rediff.com9 Sep 2024

Yash Dayal's story is now one of resilience and redemption, proving that comebacks often speak louder than any setback.

M&A wave set to sweep over South cement market, say industry experts

M&A wave set to sweep over South cement market, say industry experts

Rediff.com6 Aug 2024

UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. In the wake of one of the country's most expensive deals in recent times, cement majors may slug it out to add smaller firms from the region to their portfolio. UltraTech's buy is the latest in the four deals the southern market has seen in less than a year, with Adani Cement being the other buyer.

'60% of taxpayers will shift to new tax regime'

'60% of taxpayers will shift to new tax regime'

Rediff.com21 Feb 2024

'Personal income tax is growing by 27 per cent and most refunds have already been issued.'

Fiscal deficit for 2021-22 at 6.7% of GDP, lower than earlier estimate

Fiscal deficit for 2021-22 at 6.7% of GDP, lower than earlier estimate

Rediff.com31 May 2022

Fiscal deficit for 2021-22 worked out to be 6.71 per cent of the gross domestic product (GDP), lower than 6.9 per cent projected by the Finance Ministry in the revised Budget Estimates, according to government data released on Tuesday. Unveiling the revenue-expenditure data of the Union government for 2020-21, the Controller General of Accounts (CGA) said that the fiscal deficit in the absolute terms was be Rs 15,86,537 crore (provisional).

Delhi records over 100 mm rains; woman, infant fall into drain

Delhi records over 100 mm rains; woman, infant fall into drain

Rediff.com1 Aug 2024

Six weather stations across Delhi recorded over 100 mm of rain in a single day, the India meteorological department (IMD) said on Thursday, categorising it as an "extremely intense spell".

Fiscal deficit for 1st 10 months of FY23 widens

Fiscal deficit for 1st 10 months of FY23 widens

Rediff.com28 Feb 2023

The central government's fiscal deficit touched 67.8 per cent of the full-year target at the end of January due to higher expenses and lower revenue realisations, according to official data released on Tuesday. In actual terms, the fiscal deficit or gap between the expenditure and revenue collection during April-January period stood at Rs 11.9 lakh crore, as per the data from the Controller General of Accounts (CGA). The fiscal deficit in the comparable period of 2021-22 was 58.9 per cent of that year's Revised Estimate (RE) in the Budget.

Jadeja: A thoroughbred who found his own course

Jadeja: A thoroughbred who found his own course

Rediff.com30 Jun 2024

Even while bringing the curtains down on his T20I stint, Jadeja was in the shadows of the icons.

Time To Make Budget More Transparent

Time To Make Budget More Transparent

Rediff.com21 Jun 2024

The Budget should use the extra RBI surplus to better effect, suggests A K Bhattacharya.

The Formidable Editor, Vimla Patil

The Formidable Editor, Vimla Patil

Rediff.com3 Oct 2024

Vimla Patil always stressed the importance of proving wrong the perception that women were women's worst enemies. And it iss a lesson I carried forward with me all through my career, learning empathy, understanding and ways to help as I went along. Sathya Saran, who succeeded Mrs Patil as Femina's editor, pays homage to the well-known journalist who passed into the ages on September 29, 2024.

'Israel Will Engineer A Broader War'

'Israel Will Engineer A Broader War'

Rediff.com4 Oct 2024

'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'

The Threats To India's Prosperity

The Threats To India's Prosperity

Rediff.com22 Jul 2024

Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.

Fiscal deficit touches 32.6% of annual target till August

Fiscal deficit touches 32.6% of annual target till August

Rediff.com30 Sep 2022

The central government's fiscal deficit touched 32.6 per cent of the annual target in the current financial year till August as against 31.1 per cent recorded a year ago, according to official data released on Friday. In actual terms, the fiscal deficit -- the difference between expenditure and revenue --- was Rs 5,41,601 crore during the April-August period of this financial year. Fiscal deficit is an indicator of the government's borrowings from the market.

Gawli is 71-72 years old, not what he was in 1980s, says SC

Gawli is 71-72 years old, not what he was in 1980s, says SC

Rediff.com15 Jul 2024

The Supreme Court on Monday said it would like to examine the plea of the Maharashtra government, challenging the remission granted to gangster-turned-politician Arun Gawli who is serving a life sentence in a murder case.

L&T likely to outperform guidance after strong Q1 FY25 performance

L&T likely to outperform guidance after strong Q1 FY25 performance

Rediff.com2 Aug 2024

L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.

'BJP Won't Win Even 10 Seats In J&K'

'BJP Won't Win Even 10 Seats In J&K'

Rediff.com4 Sep 2024

'We put the seed of BJP's ideology in Jammu, watered it, nurtured it for four decades and when it was time to reap the fruits of those efforts, the fruits are being sold out to the very same people who worked hard to uproot this tree.' 'Shockingly, our own people are letting this happen and nobody from Delhi bothers to even listen to us.'

Severe heatwave likely in northwest, east in next 5 days: IMD

Severe heatwave likely in northwest, east in next 5 days: IMD

Rediff.com10 Jun 2024

The heat wave is likely to impact parts of Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Punjab, Haryana, Delhi, Rajasthan, Madhya Pradesh, Jharkhand, Odisha and Gangetic West Bengal, the Met office said.

Sorry state of affairs: SC slams Uttarakhand for forest fires

Sorry state of affairs: SC slams Uttarakhand for forest fires

Rediff.com15 May 2024

Terming it a "very sorry state of affairs", the apex court said the state was just trying to find some excuse or the other.

Fiscal deficit touches 21.2% of annual target in Q1

Fiscal deficit touches 21.2% of annual target in Q1

Rediff.com29 Jul 2022

The central government's fiscal deficit touched 21.2 per cent of the annual target in the June quarter as against 18.2 per cent in the year-ago period, according to official data. The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that are needed by the government.

Should Nirmalaji Be Worried?

Should Nirmalaji Be Worried?

Rediff.com8 Dec 2023

The deficit stood over Rs 8 trillion in the first seven months of the current financial year. Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up the Centre's revenues.

Kabhi Jeet, Mostly Haar

Kabhi Jeet, Mostly Haar

Rediff.com23 Nov 2024

The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.

Fiscal deficit touched 82.7% of full year target at end of Feb

Fiscal deficit touched 82.7% of full year target at end of Feb

Rediff.com31 Mar 2022

The Centre's fiscal deficit at the end of February stood at 82.7 per cent of the full year budget target, mainly on account of higher expenditure, according to government data released on Thursday. In the last financial year, the fiscal deficit or gap between the expenditure and revenue was 76 per cent of the Revised Estiamate (RE) of 2020-21. In actual terms, the deficit stood at Rs 13,16,595 crore at the end of February this year, as per the data released by the Controller General of Accounts (CGA).

'No preparedness planning, no accountability, no action plan'

'No preparedness planning, no accountability, no action plan'

Rediff.com8 May 2021

'This government did not have any plan for safety stocks of essential medicines.'

DGCA lists steps to deal with hacking aircraft navigation system

DGCA lists steps to deal with hacking aircraft navigation system

Rediff.com24 Nov 2023

Aviation watchdog DGCA has issued a circular to airlines and the Airports Authority of India (AAI) on measures to deal with threats from jamming and spoofing of the Global Navigation Satellite System (GNSS) amid reports of such interference in the Middle East.

Should You Invest In Gilt Funds?

Should You Invest In Gilt Funds?

Rediff.com4 Jul 2024

By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.

J&K Polls Bristles With Strange Possibilities

J&K Polls Bristles With Strange Possibilities

Rediff.com16 Aug 2024

'If, as happened in Baramulla during the 2024 Lok Sabha election, the youth in the Valley get triggered enough to jump into the wider fray, the end result would be difficult to predict, especially as the state's post-August 5, 2019 political format remains substantially fragmented and foggy,' points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.

'Can I Buy 75L Mercedes With SIPs?'

'Can I Buy 75L Mercedes With SIPs?'

Rediff.com18 Jul 2024

rediffGURU Dev Ashish answers your personal finance and mutual fund queries