News for 'Controller General of Accounts'

Indian Army showed world enough is enough: Gen Naravane on Galwan standoff

Indian Army showed world enough is enough: Gen Naravane on Galwan standoff

Rediff.com17 Dec 2023

It took India and the Indian Army to show to the world that enough is enough and to challenge the neighbourhood bully, he said.

Will Ideology Trump Personalities And Issues in TN Again?

Will Ideology Trump Personalities And Issues in TN Again?

Rediff.com15 Mar 2024

According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.

SC seeks OROP payment plan from Centre within a week

SC seeks OROP payment plan from Centre within a week

Rediff.com13 Mar 2023

The Supreme Court on Monday said the ministry of defence cannot take law in its own hands by issuing communication on payment of One Rank-One Pension (OROP) arrears in four instalments.

'Chances of sabotage are very remote'

'Chances of sabotage are very remote'

Rediff.com12 Jun 2023

'To avoid accountability and cover the mismanagement of the head of the department, they create this kind of sabotage theory.' 'If it's a sabotage theory, then the higher-level officials can go scot-free.'

SC sets aside HC order for removal of Himachal DGP

SC sets aside HC order for removal of Himachal DGP

Rediff.com12 Jan 2024

In a relief to senior Indian Police Service (IPS) officer Sanjay Kundu, the Supreme Court on Friday set aside the Himachal Pradesh high court direction to remove him from the post of state Director General of Police over allegations that he tried to pressure a businessman who claimed to have received a threat to his life from his partners.

Why is next US Surgeon General Vivek Murthy worried?

Why is next US Surgeon General Vivek Murthy worried?

Rediff.com8 Dec 2020

Dr Vivek H Murthy, the next surgeon general of the United States, wonders whether social media is worsening one of the biggest problems in the world today -- loneliness.

Will This DGCA Plan Reduce Pilot Fatigue?

Will This DGCA Plan Reduce Pilot Fatigue?

Rediff.com6 Nov 2023

Increasing cases of aviators in India complaining of fatigue and in some cases leading to death have spurred the DGCA to bring in draft rules to reduce stress.

Done Your Review Of Your 2023 Finances?

Done Your Review Of Your 2023 Finances?

Rediff.com18 Dec 2023

Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

Rediff.com11 Oct 2023

Debt management is going to be a worry for the Vedanta group until FY25 at least. However, the restructuring of business divisions in Vedanta India could lead to an unlocking of values. The group structure is fairly complex. Anil Agarwal-led Vedanta Resources (VRL), which is London-listed, has a lot of debt on the balance sheet. It will have to repay $1 billion in secured bonds by January 2024 and at least another $300 million in calendar 2024.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

If Mahua is expelled...: Cong's Adhir Ranjan Chowdhury warns Speaker

If Mahua is expelled...: Cong's Adhir Ranjan Chowdhury warns Speaker

Rediff.com2 Dec 2023

Ahead of the Winter session of Parliament beginning on December 4, the Congress' Lok Sabha leader Adhir Ranjan Chowdhury on Saturday wrote to Speaker Om Birla, saying the expulsion of Trinamool Congress MP Mahua Moitra from Parliament is an 'extremely serious punishment and has very wide ramifications'.

Make plans to evacuate Indians from Sudan, orders Modi

Make plans to evacuate Indians from Sudan, orders Modi

Rediff.com21 Apr 2023

According to an official statement, Modi, at a high-level meeting, instructed relevant officials to remain vigilant, closely monitor developments in Sudan and evaluate safety of Indian nationals there.

US cop jokes after mowing down Indian student; New Delhi seeks action

US cop jokes after mowing down Indian student; New Delhi seeks action

Rediff.com13 Sep 2023

Jaahnavi Kandula was killed in January after she was struck by a police vehicle driven by officer Kevin Dave.

Customs, excise mop-up may see Rs 1-trillion shortfall in FY23

Customs, excise mop-up may see Rs 1-trillion shortfall in FY23

Rediff.com8 Nov 2022

The Centre is staring at a combined shortfall of up to Rs 1 trillion in excise and Customs revenues in the current financial year (FY23) compared to the Budget estimates (BE), mainly because of duty cuts on edible oil and petroleum products. The government set a target of Rs 3.35 trillion for excise and Rs 2.13 trillion for Customs mop-up for FY23 while presenting the Budget in February. "As excise duty collection is mainly driven by diesel volumes, we might see a clear gap in the level budgeted for FY23, following the reduction in cesses on petrol and diesel in May. We are expecting somewhere between Rs 80,000 crore and Rs 1 trillion dip in excise and customs duty collections," a senior government official told Business Standard.

Business growth remains robust for Bajaj Finance, M&M Financial Services

Business growth remains robust for Bajaj Finance, M&M Financial Services

Rediff.com12 Oct 2023

MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.

Despite Modi govt's best efforts...: Cong on fresh charges against Adani

Despite Modi govt's best efforts...: Cong on fresh charges against Adani

Rediff.com31 Aug 2023

The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.

Kofi Annan: The 'teflon' UN secretary-general

Kofi Annan: The 'teflon' UN secretary-general

Rediff.com21 Aug 2018

'Kofi Annan will be remembered more for his Nobel Prize and related glory rather than Rwanda and Volcker,' notes Ambassador T P Sreenivasan with whom he worked in the UN.

Analysts turn cautious on Asian markets; India remains an outlier

Analysts turn cautious on Asian markets; India remains an outlier

Rediff.com30 Aug 2023

The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.

PROTECT Your Money From Rising Prices!

PROTECT Your Money From Rising Prices!

Rediff.com10 Jul 2023

Rishi Piparaiya lists three simple steps to manage the impact of rising prices and protect your financial future

India's Apr-Oct fiscal deficit at 36% of FY22 target

India's Apr-Oct fiscal deficit at 36% of FY22 target

Rediff.com30 Nov 2021

The Union government's fiscal deficit works out to be Rs 5.47 lakh crore or 36.3 per cent of the budget estimates at the end of October 2021 on the back of improvement in revenue collection, according to the data released by the Controller General of Accounts (CGA) on Tuesday. The deficit figures in the current fiscal appear better than the previous financial year when the gap between expenditure and revenue had soared to 119.7 per cent of the last year's Budget Estimates (BE) mainly on account of a jump in expenditure to deal with the COVID-19 pandemic. In absolute terms, the fiscal deficit was Rs 5,47,026 crore at the end of October, the CGA said.

Covid pandemic can be controlled by early next year, says panel

Covid pandemic can be controlled by early next year, says panel

Rediff.com18 Oct 2020

The panel also stated that without the lockdown the country would have witnessed a peak of over 140 lakh cases.

'Palestinians live in an open prison'

'Palestinians live in an open prison'

Rediff.com29 Jan 2024

'Israelis arrested us before this war and continue to do so -- even more so -- now.'

Expansion, value unlocking key triggers for NTPC

Expansion, value unlocking key triggers for NTPC

Rediff.com19 Sep 2023

The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.

Strong growth prospects for the affordable housing finance sector

Strong growth prospects for the affordable housing finance sector

Rediff.com6 Oct 2023

The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

Amritpal's uncle flown to Assam as search enters day 4

Amritpal's uncle flown to Assam as search enters day 4

Rediff.com21 Mar 2023

Over 100 people have been arrested so far in the crackdown, according to Punjab Police.

Breaking Up Business Groups Would Create More Problems

Breaking Up Business Groups Would Create More Problems

Rediff.com8 Jun 2023

Policies to break down the business group format are far more likely to be effective, argues Simon Commander.

Govt failed in Manipur, PM indifferent, says INDIA in memo to governor

Govt failed in Manipur, PM indifferent, says INDIA in memo to governor

Rediff.com30 Jul 2023

In a memorandum submitted to Manipur Governor Anusuiya Uikey, the 21 opposition MPs who signed the document demanded urgent rehabilitation and resettlement of the affected people to bring peace and harmony to the state.

13,000 shifted to shelters in Manipur amid sporadic violence

13,000 shifted to shelters in Manipur amid sporadic violence

Rediff.com5 May 2023

The Imphal Valley in Manipur, which remained peaceful for most of Friday, witnessed sporadic clashes later in the day as more security forces were rushed in from other states by road and air to calm down a state which had witnessed bloody ethnic rioting over the last 48 hours.

Pilots Fume as DGCA Moves to Ban Perfumes

Pilots Fume as DGCA Moves to Ban Perfumes

Rediff.com6 Oct 2023

DGCA's move seeks to ban perfumes for pilots as they have alcohol and can affect the results of breathanalyser tests. But the FAA and EASA have different standards, says senior journalist Shobha John.

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Rediff.com6 Jul 2023

Congress leader Sachin Pilot on Thursday expressed happiness that the Congress party has taken cognisance of the issues raised by him about welfare of youth and corruption under the previous Vasundhara Raje government in Rajasthan, and asserted the party will contest the assembly polls unitedly to secure a massive victory.

State must end sexual violence by mobs: SC on Manipur

State must end sexual violence by mobs: SC on Manipur

Rediff.com11 Aug 2023

Expressing anguish over the manner in which women were subjected to grave atrocities in Manipur, the Supreme Court has said that mobs use sexual violence to send a message of subordination to the other community and the state is bound to stop this.

Rise In Drunk Staff At Airports

Rise In Drunk Staff At Airports

Rediff.com3 Oct 2023

189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year increase.

Despite a mixed 1st quarter, cement sector's FY24 outlook looks concrete

Despite a mixed 1st quarter, cement sector's FY24 outlook looks concrete

Rediff.com1 Sep 2023

Cement companies posted mixed figures for the first quarter of the 2023-24 financial year (Q1FY24). Volume growth was robust at 17 per cent year-on-year (Y-o-Y) - on an aggregate basis - for 15 cement companies, with revenue growth at 15 per cent. Aggregate earnings before interest, taxes, depreciation, and amortisation (Ebitda) were up 8.8 per cent Y-o-Y and 1.2 per cent quarter-on-quarter (Q-o-Q).

Capex in Q1 could be close to Rs 1.5 trillion

Capex in Q1 could be close to Rs 1.5 trillion

Rediff.com4 Aug 2022

The Centre's capital expenditure (capex) outlay for the April-June quarter (first quarter, or Q1) of 2022-23 (FY23) could be close to Rs 1.5 trillion, Business Standard has learnt. As a percentage of full-year capex Budget Estimates (BE) of Rs 7.5 trillion, this could be at similar levels to the trends in the past few fiscal years. It is in the July-September quarter (Q2) of FY23 that capex is expected to pick up, when a bulk of the long-term capex loans to states are expected to be expended.

Aadhaar not mandatory for bank accounts, phones... for now

Aadhaar not mandatory for bank accounts, phones... for now

Rediff.com13 Mar 2018

The deadline of March 31 has been postponed till the apex court delivers its final judgment.

Imran Khan indicted in Toshakhana case; handed over to NAB for 8 days

Imran Khan indicted in Toshakhana case; handed over to NAB for 8 days

Rediff.com11 May 2023

Khan was arrested on Tuesday in the case, sparking massive country-wide protests by his supporters.

Multiple controls hindering trade growth in India: Survey

Multiple controls hindering trade growth in India: Survey

Rediff.com9 Jul 2014

As per the survey, the trade sector that comprises wholesale and retail grew by 4.8 per cent to Rs 14.79 lakh crore (Rs 14.79 trillion) in 2012-13, accounted for 15.8 per cent share in the gross domestic product.

NPS: Best For Retirement, Tax Saving

NPS: Best For Retirement, Tax Saving

Rediff.com6 Mar 2023

NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.