News for 'Controller of General Accounts'

Seshan wanted to halt polls after Rajiv Gandhi's assassination: Book

Seshan wanted to halt polls after Rajiv Gandhi's assassination: Book

Rediff.com17 Apr 2025

A new book by former West Bengal governor Gopal Krishna Gandhi claims that former chief election commissioner T N Seshan proposed an immediate halt to the general election process after Rajiv Gandhi's assassination in 1991 and even offered to become home minister. Gandhi, who was joint secretary to then president R Venkatraman, writes that Seshan was the one who broke the news of the assassination to the president and arrived at the Rashtrapati Bhawan "super-fast" that night. According to Gandhi's account, Seshan told Venkatraman that he felt the election process needed to be stopped and that he was ready to take on the role of home minister if necessary. However, Prime Minister Chandra Shekhar and Cabinet Secretary Naresh Chandra assured the president that the situation was under control and that there was no need to pause the election process. Seshan's suggestions were ultimately ignored, but he did manage to postpone the second and third phases of polling.

Is BJP The 'Party-Splitter' In TN Too?

Is BJP The 'Party-Splitter' In TN Too?

Rediff.com21 Jun 2025

Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.

7 Money Secrets Rich People Don't Want You To Know

7 Money Secrets Rich People Don't Want You To Know

Rediff.com24 Apr 2025

Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan

Budget 2025: Nirmalaji May Set Fiscal Deficit At 4.4%

Budget 2025: Nirmalaji May Set Fiscal Deficit At 4.4%

Rediff.com19 Dec 2024

'We have to retain some fiscal headroom without compromising on the promised fiscal consolidation roadmap.'

'China Was Single Most Important External Factor In This Conflict'

'China Was Single Most Important External Factor In This Conflict'

Rediff.com15 May 2025

'Every decision India makes along the LoC, it must also consider implications along the LAC.'

Markets In Meltdown: What Should You Do?

Markets In Meltdown: What Should You Do?

Rediff.com8 Apr 2025

'Investors should continue with their SIPs, especially during market corrections.' 'For those looking to start new SIPs, beginning with large-cap funds is a prudent strategy, followed by flexi-cap and value-oriented approaches.'

Cong warns its leaders over controversial remarks on Pahalgam attack

Cong warns its leaders over controversial remarks on Pahalgam attack

Rediff.com29 Apr 2025

The Congress on Monday distanced itself from the controversial comments of some of its leaders on the Pahalgam terror attack, saying that only the recent CWC resolution and the views expressed by AICC chief Mallikarjun Kharge, Rahul Gandhi and authorised AICC office-bearers represent its position. The opposition party's assertion comes in the wake of remarks by leaders like Vijay Wadettiwar, Mani Shankar Aiyar, Shashi Tharoor, Tariq Hameed Karra and Saifuddin Soz that have triggered a row, with the BJP alleging that some from the opposition party were speaking "Pakistan's language".

Growth worries, competitive pressures weigh on Trent stock performance

Growth worries, competitive pressures weigh on Trent stock performance

Rediff.com15 Apr 2025

The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.

Pak used 300-400 Turkish drones to target 36 places from Leh to Sir Creek

Pak used 300-400 Turkish drones to target 36 places from Leh to Sir Creek

Rediff.com9 May 2025

Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Rediff.com8 May 2025

In a strong retaliation to the Pahalgam massacre, India's armed forces early Wednesday destroyed nine terror sites including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long 'measured and non-escalatory' mission.

Is The World Spinning Out Of Control?

Is The World Spinning Out Of Control?

Rediff.com30 May 2024

The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).

HC orders panel to rehabilitate Murshidabad riot victims

HC orders panel to rehabilitate Murshidabad riot victims

Rediff.com18 Apr 2025

The Calcutta High Court has ordered the formation of a three-member committee to identify and rehabilitate people displaced by violence during protests over the Waqf (Amendment) Act in Murshidabad district. The court also extended the deployment of Central Armed Police Force (CAPF) in the area. The committee will consist of officials from the National Human Rights Commission (NHRC), West Bengal Human Rights Commission (WBHRC), and the State Legal Services Authority (SLSA). It will be responsible for identifying displaced persons, assessing damage to properties, collecting FIR data, facilitating FIR filing, and overseeing the well-being of displaced individuals. The state government has been instructed to provide necessary infrastructure to the committee and report on its progress by May 15. The court also directed the state to formulate a rehabilitation scheme for displaced persons, including the construction of damaged houses and shops, compensation for lost livelihoods, and protection for families of those who died in the violence.

Kesari 2: What *Really* Happened

Kesari 2: What *Really* Happened

Rediff.com16 Apr 2025

The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.

India Should Tread Warily On Battlefield

India Should Tread Warily On Battlefield

Rediff.com1 May 2025

Pakistan has warned the international community that any military moves by India shall be 'responded to assuredly and decisively... onus of any escalatory spiral and its consequences shall squarely lie with India.' Implicit in the statement is a veiled threat that even a nuclear threshold may be reached if push comes to shove, warns Ambassador M K Bhadrakumar.

'GDP Numbers Will Be A Distant Memory'

'GDP Numbers Will Be A Distant Memory'

Rediff.com30 Nov 2024

Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran.

India-Pakistan: 'China Could Create Problems'

India-Pakistan: 'China Could Create Problems'

Rediff.com7 May 2025

'If there is a military standoff eyeball to eyeball on the western border, the Chinese could create problems by making movements in the north, in our northeast, which could involve us tying down some forces there so that could stretch our military actions.'

'Early Retirement: Smart Move Or Stupid Idea?'

'Early Retirement: Smart Move Or Stupid Idea?'

Rediff.com21 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

7 Secrets That Can Make You A Crorepati

7 Secrets That Can Make You A Crorepati

Rediff.com7 Apr 2025

Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan

What's on MCA's agenda for Pune T20I?

What's on MCA's agenda for Pune T20I?

Rediff.com29 Jan 2025

The MCA later had to apologise for the mismanagement, which was promptly addressed, but the governing body is keen to avoid any such incident.

'I Am Dying For My Country'

'I Am Dying For My Country'

Rediff.com14 Apr 2025

It took Udham Singh 21 years to avenge the massacre of Jallianwala Bagh. And 34 years for his remains to return to India after execution in a British prison.

'Tahawwur Rana Won't Get Solitary Confinement, But...'

'Tahawwur Rana Won't Get Solitary Confinement, But...'

Rediff.com11 Apr 2025

'It is ensured that no adversaries or people who oppose Tahawwur Rana's philosophy are housed in the same ward or jail.' 'Additionally, it is ensured that he does not have any prior contacts within that jail.' 'So, the lodgment of such a high-profile prisoner is done very carefully.'

Shoe pinches for most large footwear companies

Shoe pinches for most large footwear companies

Rediff.com11 Mar 2025

Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

Rediff.com9 Mar 2025

Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

Adulterated Drugs On Decline Amid Crackdown

Adulterated Drugs On Decline Amid Crackdown

Rediff.com10 Oct 2024

Rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.

Debt To Wealth: Young People, Read This!

Debt To Wealth: Young People, Read This!

Rediff.com17 Mar 2025

'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'

Why analysts have downgraded growth and margin expectations of Dabur

Why analysts have downgraded growth and margin expectations of Dabur

Rediff.com14 Jan 2025

Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.

Delhi stampede: Oppn slams govt, seeks Vaishnaw's resignation

Delhi stampede: Oppn slams govt, seeks Vaishnaw's resignation

Rediff.com16 Feb 2025

Opposition parties in India have demanded the resignation of Railway Minister Ashwini Vaishnaw after a stampede at New Delhi railway station killed 18 people. They blamed the government for "gross mismanagement" and accused them of "covering up" the death toll. The stampede occurred on Saturday night as passengers rushed to board trains for the Maha Kumbh festival in Prayagraj. The Congress, the Left, Trinamool Congress, and the Rashtriya Janata Dal have all criticized the government's handling of the situation, while BJP leaders have defended the government. The incident has highlighted the failure of the Railways and the government to make adequate arrangements for the large number of devotees travelling to Prayagraj.

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Rediff.com21 Feb 2025

Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.

SWP Vs FD: Why An SWP Win Hands Down

SWP Vs FD: Why An SWP Win Hands Down

Rediff.com18 Mar 2025

The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.

SC uploads probe report, with photos, video of 'cash recovery' at judge home

SC uploads probe report, with photos, video of 'cash recovery' at judge home

Rediff.com23 Mar 2025

The Supreme Court of India has released an inquiry report into the alleged discovery of a large amount of cash at the residence of Delhi High Court judge Yashwant Varma. The report, which includes photos and videos, was uploaded on the court's website. Chief Justice of India Sanjiv Khanna has formed an in-house committee to investigate the matter and has asked the Delhi High Court Chief Justice to not assign any judicial work to Justice Varma. Justice Varma has denied the allegations, claiming they are part of a conspiracy to frame him. The inquiry report, submitted by the Delhi High Court Chief Justice, has been made public and calls for a deeper probe into the incident. The incident has raised concerns about judicial accountability and has prompted the Congress party to call for strong measures to uphold public trust in the judiciary.

How To Stay Safe From UPI Frauds

How To Stay Safe From UPI Frauds

Rediff.com2 Dec 2024

Link your UPI app to a separate bank account or wallet that has only a limited sum.

What Modi Can Learn From Trump's DOGE

What Modi Can Learn From Trump's DOGE

Rediff.com28 Nov 2024

'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).

Why did Trump thank Pakistan?

Why did Trump thank Pakistan?

Rediff.com5 Mar 2025

Trump thanked the Government of Pakistan for "helping arrest this monster".

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Market Storm: Radhika Gupta's Advice for Investors

Market Storm: Radhika Gupta's Advice for Investors

Rediff.com16 Jan 2025

Gripped with fear as an investor following a 12 per cent market fall? Here's Radhika Gupta's advice to investors.

Planning A New Year Hol? Book Soon!

Planning A New Year Hol? Book Soon!

Rediff.com4 Dec 2024

Demand for the Christmas period is expected to rise further in the coming days.

GDP growth slows to 2-year low of 5.4% in Q2

GDP growth slows to 2-year low of 5.4% in Q2

Rediff.com29 Nov 2024

India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-24 fiscal. The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.

Siemens stock drops rapidly as management flags growth challenges ahead

Siemens stock drops rapidly as management flags growth challenges ahead

Rediff.com31 Dec 2024

Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.