News for 'Controller of General Accounts'

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

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.

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.

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.

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

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.

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.

Pakistani court freezes Musharraf's accounts, confiscates his property

Pakistani court freezes Musharraf's accounts, confiscates his property

Rediff.com19 Jul 2016

The judge said the attitude of the accused left no option for the court, but to freeze Musharraf's bank accounts and confiscate his property.

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).

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.

Kolkata market fire brought under control after 2 days

Kolkata market fire brought under control after 2 days

Rediff.com18 Sep 2018

At the moment the process of "cooling down" was on at the Bagree Market and 15 fire tenders have been pressed into service for it.

Will General Bakshi be India's first CDS?

Will General Bakshi be India's first CDS?

Rediff.com19 Dec 2016

'In the present era of strategic uncertainty and rapidly changing threats, no military professional now disputes the unavoidable necessity of a joint planning staff for the planning and conduct of joint operations so that integrated operations can be planned 'top down',' says Brigadier Gurmeet Kanwal (retd).

PMO twitter account to be handed over to new dispensation: PMO

PMO twitter account to be handed over to new dispensation: PMO

Rediff.com21 May 2014

Under sharp attack, the Prime Minister's Office on Wednesday said the twitter account @PMOIndia has been "secured" by the microblogging company and will be handed over to the new dispensation which will take over next week.

Fiscal deficit touches 128.5% of budget estimate

Fiscal deficit touches 128.5% of budget estimate

Rediff.com28 Feb 2020

While presenting the Union Budget to Parliament earlier this month, Finance Minister Nirmalal Sitharaman had raised fiscal deficit target to 3.8 per cent of the GDP from 3.3 per cent pegged earlier for 2019-20 due to revenue shortage.

2014 and the question of accountability

2014 and the question of accountability

Rediff.com31 Jan 2014

Rahul Gandhi thinks his imaginary Congress is the silver bullet; Narendra Modi thinks he himself is the silver bullet; Arvind Kejriwal seems to think that neighbourhood councils are a silver bullet. But none of them is right, says Mihir S Sharma.

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.

CAG finds accounts clean in supplementary audit: MCX-SX

CAG finds accounts clean in supplementary audit: MCX-SX

Rediff.com25 Aug 2014

The company's accounts were audited by CAG as its shareholders include public sector banks.

Shunglu panel suggests changes in CAG, CVC

Shunglu panel suggests changes in CAG, CVC

Rediff.com30 Oct 2011

Amidst a debate on controversies surrounding some of the Comptroller and Auditor General reports, the high level committee that went into the Commonwealth Games related projects, has suggested changes in the functioning and structure of top audit and vigilance bodies like the Comptroller and Auditor General making it a three-member body.

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.

Fiscal deficit stands at 71.6% of Budget estimates

Fiscal deficit stands at 71.6% of Budget estimates

Rediff.com30 Nov 2012

Estimates (BE), slightly better than 74.4 per cent in the same period a year ago, according to Controller General of Accounts (CGA) data released on Friday.

SC asks Centre, Manipur to ensure people's safety; urges to avoid hate speech

SC asks Centre, Manipur to ensure people's safety; urges to avoid hate speech

Rediff.com11 Jul 2023

The top court also took note of the submissions about objectionable public utterances by some groups and individuals.

Angry at govt's silence, mob of women ransacks Manipur minister's home

Angry at govt's silence, mob of women ransacks Manipur minister's home

Rediff.com24 May 2023

The house of Manipur PWD Minister Konthoujam Govindas in Bishnupur district was vandalised on Wednesday by a group of people claiming that the government in the strife-torn state is not doing enough to protect locals from militants belonging to another community, officials said.

BCCI vs Lodha panel: Attorney General urges SC to recall order

BCCI vs Lodha panel: Attorney General urges SC to recall order

Rediff.com20 Jan 2017

The Attorney General of India Mukul Rohatgi, on Friday, asked the Supreme to recall its order on the BCCI in the case regarding the Lodha recommendations to be followed by the Indian cricket board.

Fiscal deficit for Apr-Jul at Rs 2.64 lakh cr

Fiscal deficit for Apr-Jul at Rs 2.64 lakh cr

Rediff.com31 Aug 2012

Fiscal deficit in the first four months of 2012-13 stood at 51.5 per cent of the budget estimates -- slightly better compared to 55.4 per cent in the same period a year ago -- according to Controller General of Accounts (CGA) data released on Friday.

Remark on PM: SC transfers 3 FIRs against Pawan Khera to Lucknow

Remark on PM: SC transfers 3 FIRs against Pawan Khera to Lucknow

Rediff.com20 Mar 2023

Extending the interim bail till April 10, a bench comprising Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala took note of the facts that three FIRs were lodged against Khera.

NCB busts Zambada, biggest LSD cartel on darknet, arrests 3

NCB busts Zambada, biggest LSD cartel on darknet, arrests 3

Rediff.com1 Aug 2023

The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.

10 Largecaps Stocks To Lead Bulls Charge

10 Largecaps Stocks To Lead Bulls Charge

Rediff.com3 Oct 2023

These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.

Fiscal deficit above target for 2nd month in a row

Fiscal deficit above target for 2nd month in a row

Rediff.com30 Sep 2020

The Union Government's fiscal deficit remained above the annual target for second month in row at the end of August, mainly on account of the impact of lockdown on revenue collections. According to the data released by the Controller General of Accounts (CGA), fiscal deficit during April-August was at 109.3 per cent of the annual target estimated in the Budget.