News for 'Controller of General Accounts'

Champions Trophy: Sending Team To Pakistan Would Be Dangerous

Champions Trophy: Sending Team To Pakistan Would Be Dangerous

Rediff.com9 Dec 2024

Even a whiff of an incident like the violent 1989 shirt-ripping attack on Krishnamachari Srikkanth by a Karachi spectator would be ruinous. It would set back the ties further, derail an ongoing tournament, and harden Indian attitudes on playing Pakistan anywhere at all, asserts Shekhar Gupta.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Sebi bans Vijay Mallya from securities market for 3 years

Sebi bans Vijay Mallya from securities market for 3 years

Rediff.com26 Jul 2024

Sebi on Friday barred fugitive businessman Vijay Mallya from the securities markets and restrained him from associating with any listed firm for three years in the matter of routing of funds to the Indian securities market using overseas bank accounts with UBS AG. The Indian government has been attempting to extradite Mallya from the United Kingdom to face fraud charges related to his now-defunct company Kingfisher Airlines. Mallya has been living in the United Kingdom since March 2016.

India must focus on mind training of athletes: Prakash

India must focus on mind training of athletes: Prakash

Rediff.com6 Aug 2024

Shocked at the way Lakshya Sen succumbed to pressure in the men's singles badminton bronze medal play-off at the Paris Olympics, the legendary Prakash Padukone said it's high time players learn to withstand pressure, become accountable and start delivering results after receiving support.

Pharma companies fight fakes with smart packaging

Pharma companies fight fakes with smart packaging

Rediff.com10 Oct 2024

Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.

Centre Plans To Raise Rs 7.5 Trillion...

Centre Plans To Raise Rs 7.5 Trillion...

Rediff.com6 Apr 2024

...to fund the revenue gap. Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half.

Beware! Markets Headed For Downturn

Beware! Markets Headed For Downturn

Rediff.com26 Nov 2024

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.

SC rules in favor of Delhi govt, gives control over services except police

SC rules in favor of Delhi govt, gives control over services except police

Rediff.com11 May 2023

Hearing the Centre versus the Delhi government over the issue of demarcation of power, a constitution bench headed by Chief Justice D Y Chandrachud said an elected government needs to have control over the administration.

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

Is Your Boss Micromanaging You?

Is Your Boss Micromanaging You?

Rediff.com16 Oct 2024

Micromanagers feel the need to be involved in every decision, hence they will avoid delegating tasks and spend a lot of time focusing on minor details rather than the bigger picture, says Sonica Aron, founder of the HR consultancy firm, Marching Sheep.

India faces high debt, but sustainable for now: NCAER

India faces high debt, but sustainable for now: NCAER

Rediff.com3 Jul 2024

At nearly 82 per cent of GDP, India's public debt is very high, but the country doesn't face debt sustainability issue on account of high growth rate and higher share of local currency debt, NCAER Director General Poonam Gupta has said. Participating in an event organised by NCAER, Gupta said India's high debt levels are sustainable for now because of higher real or nominal GDP and as most of the debt is held in rupee.

Volume growth, lower costs positive for Coal India's outlook

Volume growth, lower costs positive for Coal India's outlook

Rediff.com9 Aug 2024

Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.

'Individuals focused on monetary gain': P T Usha hits back

'Individuals focused on monetary gain': P T Usha hits back

Rediff.com29 Sep 2024

IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

Iranian attack appears to have been defeated: Biden

Iranian attack appears to have been defeated: Biden

Rediff.com2 Oct 2024

The Iranian missile attack on Israel appears to have been defeated and ineffective, United States President Joe Biden said, hours after Tehran fired nearly 200 missiles at Israel.

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.

Spend Wisely On A Credit Card!

Spend Wisely On A Credit Card!

Rediff.com10 Jul 2024

'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'

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.

To become developed nation by 2047, India needs stronger army: Rajnath

To become developed nation by 2047, India needs stronger army: Rajnath

Rediff.com1 Oct 2023

Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.

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.

HC wants govt control on crowdfunding for treatment of rare diseases

HC wants govt control on crowdfunding for treatment of rare diseases

Rediff.com9 Jul 2021

'I do not want every Tom, Dick and Harry to collect money. Is there any state control over this collection of funds via crowdfunding?'

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.

'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.'

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.

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.

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.

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.

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.

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.

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.

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".

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.'

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.

'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.'