News for 'Controller of General Accounts'

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

Why India can't cut trade ties with China despite border clash

Why India can't cut trade ties with China despite border clash

Rediff.com22 Dec 2022

Former Niti Aayog Vice Chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth.

First batch of 278 stranded Indians evacuated from Sudan

First batch of 278 stranded Indians evacuated from Sudan

Rediff.com26 Apr 2023

India on Tuesday evacuated the first batch of 278 Indians from Sudan on board naval ship INS Sumedha and rushed in essential relief supplies for its remaining stranded citizens as ceasefire appeared to be holding in the strife-torn African country.

'Why should the CM be held accountable every time disasters happen?'

'Why should the CM be held accountable every time disasters happen?'

Rediff.com14 Aug 2019

'While it is very easy to blame the chief minister, the bureaucracy should be held accountable. Chief ministers come every five years but bureaucracy is a permanent setup. The bureaucracy is trained for handling such situations with alacrity.'

Internet ban lifted in Punjab, except in sensitive pockets

Internet ban lifted in Punjab, except in sensitive pockets

Rediff.com21 Mar 2023

The curbs to be remained in Tarn Taran, Ferozepur, Moga, Sangrur and Amritsar's Ajnala sub-division and a few areas in Mohali till Thursday noon.

Negligence Of Cybersecurity May Spoil The Party

Negligence Of Cybersecurity May Spoil The Party

Rediff.com28 Feb 2023

'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'

No lack of food, medicine; claims of shortage not true, Manipur tells SC

No lack of food, medicine; claims of shortage not true, Manipur tells SC

Rediff.com6 Sep 2023

The Manipur government dubbed as untrue the claim by the counsel for the committee appointed by the apex court to oversee relief and rehabilitation of the victims of ethnic violence that the people of the state were suffering on account of an economic blockade.

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.

UEFA to refund Liverpool fans after CL final chaos

UEFA to refund Liverpool fans after CL final chaos

Rediff.com7 Mar 2023

The final was delayed by 36 minutes after thousands of Liverpool supporters were unable to get into the Stade de France for the match

India's fiscal pain continues to get worse

India's fiscal pain continues to get worse

Rediff.com31 Jul 2020

Fiscal deficit had soared to seven-year high of 4.6 per cent of GDP in 2019-20, mainly on account of poor revenue realisation which dipped further towards the close of March because of the lockdown.

Why talk only about Manipur, asks BJP; Opposition hits back

Why talk only about Manipur, asks BJP; Opposition hits back

Rediff.com22 Jul 2023

The political war of words over Manipur intensified on Saturday with the BJP raising the incidents of atrocities against women in West Bengal and Rajasthan and questioning the 'silence' of the opposition, which termed it as a diversionary tactic to avoid debate on the situation in the north-eastern state.

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

Rediff.com2 Mar 2021

Taking lessons from that, I would think seamless digital payments is something you have to clearly have a roadmap for, the FM said.

Fiscal deficit widens to Rs 9.53 lakh crore at October-end

Fiscal deficit widens to Rs 9.53 lakh crore at October-end

Rediff.com27 Nov 2020

The Union government's fiscal deficit further widened to Rs 9.53 lakh crore, which is nearly 120 per cent of the annual budget estimate, at the end of October of the current financial year, according to official data released on Friday. The deficit widened mainly on account of poor revenue realisation. The lockdown imposed to curb spreading of coronavirus infections had significantly impacted business activities and in turn contributed to sluggish revenue realisation.

'Incorrect to say Article 370 has been abrogated'

'Incorrect to say Article 370 has been abrogated'

Rediff.com5 Aug 2023

'Article 370 laid down the edifice of the relationship between J-K and the Union of India.' 'If you look at the Article, what is there now is a provision which states that all provisions of the Constitution of India applies to J-K.' 'The veto that the state could exercise previously on most Union laws has ended.'

PM may announce these health sector initiatives in I-Day speech

PM may announce these health sector initiatives in I-Day speech

Rediff.com14 Aug 2022

Prime Minister Narendra Modi is likely to announce a host of initiatives for the health sector on Independence Day with the highlights being the 'Heal in India' and 'Heal by India' projects and a roadmap to eliminate sickle cell disease by 2047, official sources said.

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.

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.

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.

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.

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.

Fiscal deficit overshoots budget target in July on lower revenue collection

Fiscal deficit overshoots budget target in July on lower revenue collection

Rediff.com31 Aug 2020

The government had pegged the fiscal deficit for 2020-21 at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the budget presented by Finance Minister Nirmala Sitharaman in February.

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.

Fiscal deficit widens to 7-year high of 4.6% in FY20

Fiscal deficit widens to 7-year high of 4.6% in FY20

Rediff.com29 May 2020

The rise in the fiscal deficit, which is a reflection of the government's borrowing, was mainly on account of subdued tax collection. The revenue deficit also rose to 3.27 per cent, up from the revised estimate of 2.4 per cent of the GDP.

'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.'

BSE: Top gainers and losers

BSE: Top gainers and losers

Rediff.com30 Aug 2013

The 30-share Sensex ended up 219 points at 18,620 and the 50-share Nifty ended up 63 points at 5,472.

Sensex surges over 200 points, rupee recovers sharply

Sensex surges over 200 points, rupee recovers sharply

Rediff.com30 Aug 2013

The main gainers on the Sensex were Bajaj Auto, TCS, Cipla, HDFC, HDFC Bank.

'ISI controlled Osama's Abbottabad compound'

'ISI controlled Osama's Abbottabad compound'

Rediff.com28 Apr 2016

Investigative journalist Seymour Hersh claims that ISI got hold of bin Laden in 2006 after paying bribes to some of the tribal leaders

SC curbs BCCI's financial powers, auditor to scrutinise accounts

SC curbs BCCI's financial powers, auditor to scrutinise accounts

Rediff.com21 Oct 2016

The Supreme Court on Friday directed the Board of Control for Cricket in India (BCCI) not to release funds until the state associations file an affidavit implementing recommendations of Justice (Retd.) RM Lodha-led- panel. Issuing the direction, the apex court said the state associations cannot get any money from the national cricket body till the time they follow the Lodha committee's recommendations.

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.

Extended banking hours on March 30, 31

Extended banking hours on March 30, 31

Rediff.com25 Mar 2009

Special clearing (with return clearing on the same day) shall be conducted in the evening/night of March 30 and 31, with the approval of the president of the local clearing houses run by the RBI/agency bank. This measure has been taken to avoid operational convenience at the local centres so that the clearing instruments relating to government revenue received from the members of the public are realised and credited to government account by March 31, 2009.

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.

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.

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.

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.

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.

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.

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.