News for 'Controller General of Accounts'

Explosion at major global port in Dubai causes huge fire

Explosion at major global port in Dubai causes huge fire

Rediff.com8 Jul 2021

The blast occurred in the container aboard the vessel, preparing to dock away from the Jebel Ali Port's main shipping line at around midnight.

Ukraine: India votes against Russia at UNSC

Ukraine: India votes against Russia at UNSC

Rediff.com25 Aug 2022

India for the first time on Wednesday voted against Russia during a "procedural vote" at the United Nations Security Council on Ukraine, as the 15-member powerful UN body invited Ukrainian President Volodymyr Zelenskyy to address a meeting through a video tele-conference.

Emergency-level AQI: Delhiites advised to limit outdoor activities

Emergency-level AQI: Delhiites advised to limit outdoor activities

Rediff.com12 Nov 2021

According to the Graded Response Action Plan (GRAP), the air quality is considered to be in the emergency category if the PM2.5 and PM10 levels continue to be above 300 micrograms per cubic metre and 500 micrograms per cubic metre respectively for 48 hours or more.

Ministries face cash crunch as winter session scrapped

Ministries face cash crunch as winter session scrapped

Rediff.com28 Dec 2020

The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.

AI crew was 'unprofessional': DGCA on 'urination' incident

AI crew was 'unprofessional': DGCA on 'urination' incident

Rediff.com6 Jan 2023

Holding that Air India's conduct appeared to be 'unprofessional', aviation regulator Directorate General of Civil Aviation (DGCA) on Thursday issued notices to the officials and crew of the New York-Delhi flight, asking why action should not be taken against them for 'dereliction' of duty while handling the November 26 'urination' incident.

Govt collects Rs 44,463 cr taxes in Q1

Govt collects Rs 44,463 cr taxes in Q1

Rediff.com2 Aug 2006

The government collected over 40 per cent more revenue from taxes at Rs 44,463 crore (Rs 444.63 billion) during the first quarter of this fiscal against Rs 31,668 during the corresponding period of 2005-06.

Ukraine war impact: Steel producers feel a new pinch in India

Ukraine war impact: Steel producers feel a new pinch in India

Rediff.com25 Mar 2022

Russia's war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. That's because input costs are spiralling out of control, leaving the big boys nearly as high and dry as the small, medium and secondary steel producers. Russia and Ukraine are major providers of steel and raw materials to the world.

What Happened In Bucha Is GRUESOME

What Happened In Bucha Is GRUESOME

Rediff.com6 Apr 2022

Ukraine alleges that Russian soldiers killed scores of civilians during its fight for and occupation of the Ukrainian town of Bucha and other cities and towns.

Capex Has Taken New Turn Under Sitharaman

Capex Has Taken New Turn Under Sitharaman

Rediff.com22 Jun 2022

The dividends for the economy from such a rapid rise in capital expenditure would be huge, observes A K Bhattacharya.

Gross tax mop up at Rs 2,57,558 cr

Gross tax mop up at Rs 2,57,558 cr

Rediff.com6 Mar 2006

The centre's gross tax collection rose by 21 per cent at Rs 2,57,558 crore (Rs 2575.58 billion) till January this fiscal thanks to buoyancy in service tax, income tax and corporate tax receipts.

BJP must take back control of the message

BJP must take back control of the message

Rediff.com9 Nov 2015

'The BJP can kill two birds with one stone by wresting back control of the message; and the steps are fairly obvious. Once the media is neutral, there is a level playing field,' argues Rajeev Srinivasan.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

Fiscal deficit up 31% to Rs 54,517 cr in Q1

Fiscal deficit up 31% to Rs 54,517 cr in Q1

Rediff.com1 Aug 2005

The Union government's fiscal deficit shot up by about 31 per cent to Rs 54,517 crore (Rs 545.17 billion) in the first quarter of this fiscal due to higher expenditure.

Why's Stalin Backing Arrested Minister?

Why's Stalin Backing Arrested Minister?

Rediff.com15 Jun 2023

At the end of the day, Stalin expressing solidarity with an arrested colleague is one thing, especially if he too felt that the minister had been wronged, but for him to retain the person in office sets a bad precedent, which would not go unnoticed by voters, points out N Sathiya Moorthy.

Fiscal deficit in check till Jan

Fiscal deficit in check till Jan

Rediff.com7 Mar 2005

Reserve Bank supersedes boards of Srei firms

Reserve Bank supersedes boards of Srei firms

Rediff.com4 Oct 2021

The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.

'Keep booking profits when market makes fresh highs'

'Keep booking profits when market makes fresh highs'

Rediff.com4 Jan 2023

'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'

Fiscal deficit up at Rs 81,041 cr

Fiscal deficit up at Rs 81,041 cr

Rediff.com31 Oct 2003

The central government's fiscal deficit climbed to Rs 81,014 crore (Rs 810.14 billion) for the first six months of the financial year 2003-04.

Is your Partner Emotionally Distant?

Is your Partner Emotionally Distant?

Rediff.com17 Jan 2023

You need to remind yourself that your self-respect, self-love and time is more important than your partner's, advises Sybil Shiddell, country manager-India for Gleeden, a discreet extra marital dating Web site.

Meeting FY22 fiscal deficit target hinges on divestment

Meeting FY22 fiscal deficit target hinges on divestment

Rediff.com28 Dec 2021

After the government sought Parliament's nod for a second batch of supplementary demand for grants that will cause a hit of Rs 2.99 trillion to the exchequer, doubts suddenly arose about the government's ability to meet the Budget projections of reining in its fiscal deficit at 6.8 per cent of gross domestic product (GDP), or Rs 15.06 trillion, for the current financial year. Till now, many were of the opinion that the government would succeed in checking the deficit at a much lower figure than what was given in the Budget Estimates (BE). The government had sought Parliament's approval to spend Rs 3.74 trillion extra, but Rs 74,517.01 crore will be matched by equal savings on other heads.

Itolizumab, new drug for COVID-19 patients to cost Rs 8,000 per vial

Itolizumab, new drug for COVID-19 patients to cost Rs 8,000 per vial

Rediff.com13 Jul 2020

The company has received approval from the Drugs Controller General of India (DCGI) to market Itolizumab injection 25mg/5mL solution for emergency use in India for the treatment of cytokine release syndrome in moderate to severe acute respiratory distress syndrome (ARDS) due to COVID-19.

Fiscal deficit at Rs 1.1 trillion till Feb

Fiscal deficit at Rs 1.1 trillion till Feb

Rediff.com31 Mar 2004

The Centre's fiscal deficit mounted to Rs 110,470 crore (Rs 1.104 trillion) till February despite higher growth in tax collections.

'Cyber attackers are 10 steps ahead'

'Cyber attackers are 10 steps ahead'

Rediff.com4 Apr 2023

'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'

Tax mop up rises to Rs 2,30,839 cr

Tax mop up rises to Rs 2,30,839 cr

Rediff.com1 Feb 2006

The Centre's gross tax collection was up by about 19 per cent at Rs 2,30,839 crore (Rs 2308.39 billion) till December this fiscal backed by spurt in corporate earnings and imports.

Fiscal deficit dips to Rs 92,435 cr

Fiscal deficit dips to Rs 92,435 cr

Rediff.com30 Jan 2004

India's fiscal deficit has come down marginally to Rs 92,435 crore (Rs 924.35 billion) till December this fiscal from Rs 93,656 crore (Rs 936.56 billion) till November.

Fiscal deficit rises to Rs 92,068 cr

Fiscal deficit rises to Rs 92,068 cr

Rediff.com30 Nov 2005

India's fiscal deficit shot up by nearly 50 per cent to Rs 92,068 crore (Rs 920.68 billion) during the first seven months of 2005-06 despite a 24 per cent higher tax mop up.

Festive cheer: Prices of petrol, diesel cut

Festive cheer: Prices of petrol, diesel cut

Rediff.com4 Nov 2021

Petrol price on Thursday was cut by Rs 6.07 per litre and diesel price by Rs 11.75 in Delhi as oil companies passed on a record reduction in excise duty rates to consumers. Buckling under pressure, the government had on Wednesday cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to give reprieve to consumers battered by record high retail fuel prices. Since states charge local sales tax or VAT not just on the base price but also on the excise duty levied by the centre, the total incidence of price reduction is higher.

How Reliance Retail plans to become 'atmanirbhar'

How Reliance Retail plans to become 'atmanirbhar'

Rediff.com15 Sep 2022

A few days ago, Reliance Retail surprised the market by acquiring the Campa brand from Delhi-based Pure Drinks Ltd for Rs 22 crore. A successful cola brand in the eighties, especially in North India, Campa Cola thrived when Coke exited India in the late seventies. When the Atlanta-based major returned and PepsiCo set base in India, it went down fighting.

'Wah Modiji, Wah': Oppn slams ban on words critical of govt in Parliament

'Wah Modiji, Wah': Oppn slams ban on words critical of govt in Parliament

Rediff.com14 Jul 2022

Congress general secretary Randeep Surjewala also said, "Saheb knows his qualities very well". He also shared a copy of the news report.

HDFC may review card rate

HDFC may review card rate

Rediff.com11 Jun 2003

Fiscal deficit at Rs 1,27,975 crore

Fiscal deficit at Rs 1,27,975 crore

Rediff.com1 Jun 2005

The Centre's fiscal deficit was up marginally by 1.6 per cent at Rs 1,27,975 crore (Rs 1279.75 billion) during 2004-05 from Rs 1,25,960 crore (Rs 1259.60 billion) in 2003-04, despite efforts to cut wasteful spending and push up revenue.

Fiscal deficit falls by 2.3%

Fiscal deficit falls by 2.3%

Rediff.com31 Jan 2005

Fiscal deficit fell marginally by 2.3 per cent to Rs 90,239 crore (Rs 902. 39 billion) in the first nine months of the financial year 2004-05 mainly due to higher tax mop-up.

After 40% rise in Q1, capital expenditure dropped in July

After 40% rise in Q1, capital expenditure dropped in July

Rediff.com8 Sep 2020

Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.

Fiscal deficit up at Rs 52,509 cr

Fiscal deficit up at Rs 52,509 cr

Rediff.com30 Sep 2004

The fiscal deficit of the Centre surged by 21 per cent to Rs 52,509 crore (Rs 525.09 billion) in the first five months of 2004-05.

Taliban seek participation at UNGA, nominate envoy

Taliban seek participation at UNGA, nominate envoy

Rediff.com22 Sep 2021

The nomination sets up a confrontation between the Taliban and Afghanistan's fallen government envoy, Gram Isakuzai, who has held his post so far.

Weightlifting federation probe reveals corruption, doping cover-ups

Weightlifting federation probe reveals corruption, doping cover-ups

Rediff.com4 Jun 2020

The International Weightlifting Federation (IWF) was plagued by decades of corruption orchestrated by autocratic former president Tamas Ajan, said Richard McLaren after he led an independent investigation into the governing body. McLaren, the Canadian law professor whose findings in July 2016 led to Russia being banned from all international athletic competitions, including the Rio Olympics, told reporters on Thursday that the IWF was rife with corruption. This included vote buying, doping cover-ups and $10.4 million in cash that cannot be accounted for.

PM to launch COVID vaccination drive on Jan 16 at 10.30 am

PM to launch COVID vaccination drive on Jan 16 at 10.30 am

Rediff.com14 Jan 2021

Modi is also likely to launch the Co-WIN (COVID Vaccine Intelligence Network) App, a digital platform created for real-time monitoring of COVID-19 vaccine delivery and distribution.