News for 'Controller General of Accounts'

What's Better? No-Cost EMI Or BNPL?

What's Better? No-Cost EMI Or BNPL?

Rediff.com13 Nov 2023

Ultimately, the choice between no-cost EMI and BNPL depends on an individual's financial situation, preferences, and ability to manage repayments responsibly.

Ex-Maha HM Anil Deshmukh gets bail in ED case

Ex-Maha HM Anil Deshmukh gets bail in ED case

Rediff.com4 Oct 2022

The court, however, stayed the order till October 13 to enable the ED to file an appeal against bail.

Syndicate Bank brass in damage control

Syndicate Bank brass in damage control

Rediff.com7 Aug 2014

The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.

Rawat Chopper Tragedy May Not Happen Again

Rawat Chopper Tragedy May Not Happen Again

Rediff.com16 Feb 2023

HAL helicopters will be equipped with an 'Obstacle Avoidance System' that warns pilots of any obstacles in their flight path.

Fiscal deficit touches 97% of Budget estimates

Fiscal deficit touches 97% of Budget estimates

Rediff.com28 Mar 2013

In absolute terms, the fiscal deficit, or gap between expenditure and revenue receipts, stood at over Rs 5.07 lakh crore (Rs 5.07 trillion) at the end of February, according to the data released by Controller General of Accounts on Thursday.

Army procures ration for 2.5L 'ghost' soldiers; questioned

Army procures ration for 2.5L 'ghost' soldiers; questioned

Rediff.com21 Aug 2012

The defence ministry's Controller General Defence Accounts has questioned the army for procuring ration for 14 lakh personnel during 2010-11 while its actual strength is only about 11.5 lakh.

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Rediff.com25 May 2023

Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.

Apr-Nov fiscal deficit at $76.2 billion: Govt

Apr-Nov fiscal deficit at $76.2 billion: Govt

Rediff.com31 Dec 2012

This is slightly better than the fiscal deficit position last year when it was 85.6 per cent of the Budget target.

Was sabotage behind Coromandel Exp entering loop line and hitting goods train?

Was sabotage behind Coromandel Exp entering loop line and hitting goods train?

Rediff.com3 Jun 2023

A thorough probe is underway, none of the authorities has so far talked about any possibility of a sabotage.

Fiscal deficit down at Rs 53,235 cr in H1

Fiscal deficit down at Rs 53,235 cr in H1

Rediff.com29 Oct 2004

Fiscal deficit has come down by over 34 per cent to Rs 53,235 crore (Rs 532.35 billion) in the first half of 2004-05 mainly due to government's expenditure control measures and higher tax mop up.

Country's April-May fiscal deficit at over 27%

Country's April-May fiscal deficit at over 27%

Rediff.com1 Jul 2009

The Centre's fiscal deficit for the first two months (April-May) of the current fiscal has increased to Rs 90,758 crore, which is 27.3 per cent of the Interim Budget estimate, according to the Controller General of Accounts data released on Tuesday. The Budget estimate for the fiscal deficit in the year 2009-10 is Rs 3,32,835 crore.

Sun Pharma's growth prospects look healthy; analysts positive on the stock

Sun Pharma's growth prospects look healthy; analysts positive on the stock

Rediff.com19 Jun 2023

Sun Pharmaceutical Industries (Sun Pharma) reported a turnaround in the January-March quarter of the 2022-23 financial year (Q4FY23), declaring a profit after tax (PAT) of Rs 1,984 crore versus a loss of Rs 2,277 crore in Q4FY22. However, that loss in FY22 was due to several exceptional one-time items -- with Rs 3,723.15 crore allocated to settlement of lawsuits in the US and other Exceptional Items adding up to Rs 3,935.75 crore. Adjusted for exceptional items, PAT in Q4FY22 amounts to Rs 2,155 crore, which is a year-on-year (YoY) growth of about 36 per cent.

BCCI's accounts not frozen, NZ series should go on: Justice Lodha

BCCI's accounts not frozen, NZ series should go on: Justice Lodha

Rediff.com4 Oct 2016

With the BCCI threatening to call off the ongoing series between India and New Zealand, the Justice R M Lodha led panel on Tuesday clarified that they didn't direct the banks to freeze the accounts of the Board and it should carry on with its routine expenses. Fuming at the defiance of its recommendations, the Supreme Court-appointed Lodha panel had "directed" banks, where BCCI holds accounts, not to disburse "large" funds to the state associations, a decision taken by the Board at its Special General Meeting on September 30.

What Was The Most Dangerous Decade Post Independence?

What Was The Most Dangerous Decade Post Independence?

Rediff.com12 Sep 2023

The competition for the worst or most perilous 10 years has always been between the 1960s and the 1980s, points out Shekhar Gupta.

R&D firms should compensate trial injuries: DCGI

R&D firms should compensate trial injuries: DCGI

Rediff.com7 Dec 2010

The Drugs Controller General of India, the apex drug regulator, has included a new clause in the trial approval letters, making these firms also accountable for any possible adverse event.

'You should have a mix of equity, gold, fixed income'

'You should have a mix of equity, gold, fixed income'

Rediff.com10 Jul 2023

'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'

Merger with HDFC: RBI gives some leeway to HDFC Bank

Merger with HDFC: RBI gives some leeway to HDFC Bank

Rediff.com21 Apr 2023

In a mixed bag for HDFC Bank ahead of the parent HDFC's merger with itself, the Reserve Bank of India has declined to make exceptions on certain aspects, and has offered some leeway on others. The country's largest private sector lender, which is aiming to conclude the merger with the home finance major by July, had written to the central bank seeking certain forbearances after announcing the $40-billion merger in April last year. In an exchange filing this evening, HDFC Bank said it received a response from RBI on Thursday and also said that there are a few pending issues.

India presses 2 aircraft, ship in Op Kaveri to bring back nationals from Sudan

India presses 2 aircraft, ship in Op Kaveri to bring back nationals from Sudan

Rediff.com24 Apr 2023

India on Monday launched 'Operation Kaveri' to evacuate its nationals from violence-hit Sudan.

Fiscal deficit lower at 5.7 per cent in FY'12: CGA

Fiscal deficit lower at 5.7 per cent in FY'12: CGA

Rediff.com31 May 2012

The government's fiscal deficit during 2011-12 worked out to be 5.7 per cent of the GDP, lower than 5.9 per cent projected in the revised estimates in the Budget.

SC upholds bail granted to ex-Maharashtra HM Anil Deshmukh

SC upholds bail granted to ex-Maharashtra HM Anil Deshmukh

Rediff.com11 Oct 2022

The Supreme Court on Tuesday refused to interfere with the Bombay high court order granting bail to former Maharashtra home minister Anil Deshmukh in a money laundering case.

Peeing incident: 6 unions urge DGCA to revoke action against AI pilot

Peeing incident: 6 unions urge DGCA to revoke action against AI pilot

Rediff.com24 Jan 2023

Citing various aspects, the forum has appealed to the DGCA to "withdraw the harsh punishment and suspension of the PIC". it said.

How well is GST really doing?

How well is GST really doing?

Rediff.com2 Jul 2018

Is the curated and limited data put out by the central government sufficient enough to pass a judgement on the trend in GST collections, particularly that of the Centre?

SC orders status quo on management control of gurdwaras

SC orders status quo on management control of gurdwaras

Rediff.com7 Aug 2014

The Supreme Court on Thursday directed rival groups Shiromani Gurdwara Parbhandhak Committee and Haryana Sikh Gurdwara Management Committee to maintain status quo on the management control of Gurdwaras in Haryana till further orders and directed the state government to take all steps to maintain law and order.

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Rediff.com1 Nov 2022

A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.

First act, then think: Oppn has field day over 2000 note ban

First act, then think: Oppn has field day over 2000 note ban

Rediff.com20 May 2023

Image used for representational purpose only. Photograph: Jayanta Dey/Reuters The Congress also said demonetisation has come a full circle and added that the Rs 2,000 note was a "band-aid to cover up the foolish decision of demonetising" Rs 500 and Rs 1,000 notes.

Indian-American Vivek Murthy becomes youngest surgeon general

Indian-American Vivek Murthy becomes youngest surgeon general

Rediff.com16 Dec 2014

Thirty-seven-year-old Indian-American physician Vivek Hallegere Murthy has been confirmed as the 19th surgeon general of America by the United States senate. He is youngest person and first person of Indian-origin to hold the post.

Akhilesh to expand UP cabinet, expected to take more control

Akhilesh to expand UP cabinet, expected to take more control

Rediff.com17 Jul 2013

The much speculated expansion of the Uttar Pradesh cabinet will take place on Thursday. Chief Minister Aklhilesh Yadav, who gave indications to that effect on Tuesday, is all set for enlarging the size of his 56-member council of ministers.

Why Bajirao is India's greatest cavalry general

Why Bajirao is India's greatest cavalry general

Rediff.com23 Dec 2015

Bajirao, an unorthodox leader, faced much opposition during his lifetime from the Brahmins of Pune. In the last hundred years or so, he has been ignored due to caste politics in Maharashtra where he has become a 'non person' for having been born a Brahmin, says Colonel Anil A Athale (retd).

Stock Picks: 10 Value Bets For Rich Payoffs

Stock Picks: 10 Value Bets For Rich Payoffs

Rediff.com7 Nov 2023

10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.

Pervez Musharraf: Leopard Never Changed Its Spots

Pervez Musharraf: Leopard Never Changed Its Spots

Rediff.com10 Feb 2023

To consider Pervez Musharraf a real force for peace is an absurdity, declares Ambassador T P Sreenivasan.

PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

Rediff.com31 Jan 2023

The affidavit was filed in response to a petition seeking a direction to declare the PM CARES Fund a 'State' under the Constitution to ensure transparency in its functioning.

What's capping rally in SBI shares?

What's capping rally in SBI shares?

Rediff.com27 May 2023

Given the uncertain macroeconomic conditions, most brokerages have turned slightly cautious on the pace of growth in State Bank of India's (SBI's) earnings going ahead. While they don't see any significant risk arising for now, its sheer balance sheet size and systematic importance has nudged them to cut earnings estimates for fiscal year 2023-24 (FY24) and 2024-25 (FY25) up to 5 per cent. India's largest state-owned bank, on Thursday, reported standalone net profit of Rs 16,694.51 crore for Q4FY23.

Fiscal deficit at 16% of govt estimate

Fiscal deficit at 16% of govt estimate

Rediff.com24 Jun 2009

Excise collections for April have been badly hit, resulting the fiscal deficit touching 16 per cent of target in the very first month itself, which could douse expectations of interest rate cuts.

When India Hosted The First Asian Games

When India Hosted The First Asian Games

Rediff.com23 Sep 2023

Seventy two years ago, a newly independent India ventured to hold the the first Asian Games in Delhi with meager resources.

CBI quizzes TMC MP Abhishek Banerjee's wife in coal scam

CBI quizzes TMC MP Abhishek Banerjee's wife in coal scam

Rediff.com14 Jun 2022

The CBI had interrogated Rujira in February last year ahead of the West Bengal assembly elections.

One in eight recoverees suffer from long Covid, says comprehensive Lancet study

One in eight recoverees suffer from long Covid, says comprehensive Lancet study

Rediff.com5 Aug 2022

One in eight adults who are infected with SARS-CoV-2 experience long term symptoms due to Covid-19, according to one of the most comprehensive studies on the viral disease to date published in The Lancet journal on Friday.

TCNS deal may raise debt, near-term profitability risks for ABFRL: Analysts

TCNS deal may raise debt, near-term profitability risks for ABFRL: Analysts

Rediff.com16 May 2023

Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.