News for 'Controller of General Accounts'

What are Sex-Workers Doing With Cryptos?

What are Sex-Workers Doing With Cryptos?

Rediff.com9 Sep 2021

The OF saga has led to sex-workers looking at cryptocurrency as an alternative, notes Devangshu Datta.

No end in sight to price India pays for imported coal

No end in sight to price India pays for imported coal

Rediff.com6 Jul 2022

India always faces a Hobson's choice as far as feeding coal-fired generators goes - even if the government is reluctant to admit it. The country cannot do without shipping in the world's most polluting fuel from overseas. And it will continue to do so unless it decides to reduce demand by forcing citizens, farmers and businesses to live without electricity for part of the day, or use diesel generators to fire facilities.

Apr-Jun fiscal deficit at 51.6% of Budget estimates

Apr-Jun fiscal deficit at 51.6% of Budget estimates

Rediff.com31 Jul 2015

The fiscal deficit in the first three months of current fiscal stood at Rs 2.86 lakh crore or 51.6 per cent of Budget estimates for 2015-16.

Health expenditure in April trebles to Rs 13,000 crore

Health expenditure in April trebles to Rs 13,000 crore

Rediff.com17 Jun 2020

Experts say a large part of the expenditure in April was spent on heads such as creating infrastructure for testing capacity and procuring testing kits, among other things.

Xi Jinping: A princeling turned China's Mao 2.0

Xi Jinping: A princeling turned China's Mao 2.0

Rediff.com23 Oct 2022

Xi's ascent to power and the quick consolidation of his leadership of the party with a shock anti-graft campaign securing the title of the "core leader" of the party bequeathed only to Mao has indeed forced his rivals in the party to submission and caught the attention of the world.

Fiscal deficit zooms to 61% of Budget estimates in April-June quarter

Fiscal deficit zooms to 61% of Budget estimates in April-June quarter

Rediff.com29 Jul 2016

The fiscal deficit, gap between expenditure and revenue.

RBI allows retail investors to enter G-sec market, opens borrowing tap for govt

RBI allows retail investors to enter G-sec market, opens borrowing tap for govt

Rediff.com5 Feb 2021

In a major move aimed at encouraging small investors to become direct investors in government bonds or stated simply to an infinite source of lending to the government, the Reserve Bank on Friday said it will allow them to directly buy government debt, making India the first Asian country to do so and among a handful globally.

Covaxin's 50 pc efficacy adequate for Covid, say experts

Covaxin's 50 pc efficacy adequate for Covid, say experts

Rediff.com26 Nov 2021

The decline in the effectiveness of Covaxin, India's indigenous COVID-19 vaccine, from 77.8 per cent to 50 per cent during a Delta-driven case surge in April and May this year is neither bad nor surprising, say scientists.

Fiscal deficit breaches FY18 target at Nov-end

Fiscal deficit breaches FY18 target at Nov-end

Rediff.com29 Dec 2017

In absolute terms, the fiscal deficit -- the difference between expenditure and revenue -- was Rs 6.12 lakh crore during April-November 2017-18

Can Jagdeep Dhankar Handle The Rajya Sabha?

Can Jagdeep Dhankar Handle The Rajya Sabha?

Rediff.com26 Jul 2022

Running a fractious House full of members every bit as well versed in parliamentary law as the chair, has, in the past, reduced several Rajya Sabha chairmen to tears.

Corporate tax cut dents direct taxes mop up by 17%

Corporate tax cut dents direct taxes mop up by 17%

Rediff.com26 Nov 2019

While experts pointed out the impact of corporation tax cuts cannot yet figure in collections as most companies are yet to decide on their choice, government officials said a part reason for slow collection is the tax cut.

602 hospitals in India earmarked as dedicated COVID-19 facilities

602 hospitals in India earmarked as dedicated COVID-19 facilities

Rediff.com14 Apr 2020

These dedicated COVID-19 facilities will have a capacity of 1,06,719 isolation beds and 12,024 ICU beds reserved for such patients in the country.

Delhi air 'very poor', unlikely to improve for another 3 days

Delhi air 'very poor', unlikely to improve for another 3 days

Rediff.com15 Nov 2021

No improvement in the air quality in Delhi-NCR is expected for another three days, authorities said on Monday, as the Supreme Court directed the Centre to call an emergency meeting to decide on measures like stopping non-essential constructions, transport and power plants by Tuesday evening.

I-T dept to share PAN, bank details with 10 intel agencies

I-T dept to share PAN, bank details with 10 intel agencies

Rediff.com24 Jul 2020

The income tax department will share PAN and bank account details of any entity with 10 investigative and intelligence agencies, including the CBI and NIA, under the integrated counter-terrorism platform NATGRID, according to an official order.

Did the Budget ignore the fiscal crisis?

Did the Budget ignore the fiscal crisis?

Rediff.com16 Jul 2019

'The Budget numbers presented severely underestimate the magnitude of the unstated fiscal crisis that we went through in 2018-2019, which cannot be conceivably be fully reversed in 2019-2020,' points out Rathin Roy, director, National Institute of Public Finance and Policy.

Malls suffer around Rs 3,000 cr loss due to lockdowns

Malls suffer around Rs 3,000 cr loss due to lockdowns

Rediff.com28 May 2021

Mall owners have incurred a loss of around Rs 3,000 crore during the ongoing second wave of the COVID-19 pandemic over the last eight weeks due to lockdowns and restrictions imposed by various states across the country. In the wake of the second pandemic wave, around 25 per cent of the business of the retail side across categories has been lost and this is going to impact the mall owners as well, according to Shopping Centres Association of India (SCAI) Chairman Mukesh Kumar. However, mall owners would go ahead and complete their under-construction projects as they anticipate demands for commercial and office space once the pandemic recedes, the SCAI said.

Troops fought for 17-20 hrs with Chinese in Ladakh: ITBP

Troops fought for 17-20 hrs with Chinese in Ladakh: ITBP

Rediff.com14 Aug 2020

In its first official account of the standoff between the two militaries, the ITBP revealed how its troops "not only effectively used shield to protect themselves but also responded fiercely to advancing PLA (Chinese People's Liberation Army) troops and brought the situation under control". "The ITBP has recommended the names of 21 men who faced the Chinese during the face-offs and skirmishes in May-June this year for gallantry," it said.

April-Jan fiscal deficit at $86 bn, crosses full year target

April-Jan fiscal deficit at $86 bn, crosses full year target

Rediff.com28 Feb 2014

In his interim budget on February 17, Finance Minister P Chidambaram said the fiscal deficit would not cross 4.6 per cent of GDP, revising an earlier target of 4.8 per cent.

'BJP is in a Rustom-Sohrab situation'

'BJP is in a Rustom-Sohrab situation'

Rediff.com27 Apr 2022

'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'

Army unearths illegal call exchanges used by Pak spies

Army unearths illegal call exchanges used by Pak spies

Rediff.com10 Jun 2021

The officials said Pakistani intelligence operatives have adopted the modus operandi of investing in illegal call exchanges that switch Voice over Internet Protocol (VoIP) calls to normal Indian mobile calls.

Why there was an SMS outage this week

Why there was an SMS outage this week

Rediff.com11 Mar 2021

Instead of relying on technology that is not in their control, businesses should stop using SMS based OTPs and start using other software-based or hardware-based token authentication, which are in their control, says Venkata Satish Guttula.

Murthy-Amazon tax dispute draws in son-in-law Sunak

Murthy-Amazon tax dispute draws in son-in-law Sunak

Rediff.com14 Jun 2021

"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.

Continuous measures needed to curb pollution: SC tells govt, states

Continuous measures needed to curb pollution: SC tells govt, states

Rediff.com24 Nov 2021

The Supreme Court Wednesday asked the Centre and the NCR states to continue implementing for few days the measures to ensure improvement in air quality, saying that preventive actions are needed in anticipation to curb pollution even as it wondered what signals are being sent to the world.

Railway Board restructuring gets green flag

Railway Board restructuring gets green flag

Rediff.com4 Sep 2020

The board will now be headed by Vinod Kumar Yadav as chairman and CEO, and it will have four other members.

Corporatising OFBs: An idea whose time has come

Corporatising OFBs: An idea whose time has come

Rediff.com25 Aug 2020

'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.

Will BCCI clear India's tour of South Africa amid Omicron?

Will BCCI clear India's tour of South Africa amid Omicron?

Rediff.com3 Dec 2021

The fate of India's upcoming tour of South Africa amid the trepidation triggered by new COVID-19 variant Omicron will be addressed when the Board of Control for Cricket in India holds its 90th Annual General Meeting in Kolkata on Saturday.

Apr-Aug fiscal deficit at 66.5 per cent of Budget estimate

Apr-Aug fiscal deficit at 66.5 per cent of Budget estimate

Rediff.com30 Sep 2015

The fiscal deficit in the first five months of the current fiscal ended August stood at Rs 3.69 lakh crore, or 66.5 per cent, of Budget estimates for 2015-16.

Sushant's father calls Rhea a 'murderer'

Sushant's father calls Rhea a 'murderer'

Rediff.com27 Aug 2020

Sushant Singh Rajput's father K K Singh alleged that Rhea Chakraborty is the "murderer" of his son and demanded her arrest.

9 WARNING Signs Your Teen Is Suicidal

9 WARNING Signs Your Teen Is Suicidal

Rediff.com2 Nov 2021

Quite often, you'd see teens not taking a bath for days or ignoring self-care prior to their self-harm attempts.

'The more India poses a threat to China...'

'The more India poses a threat to China...'

Rediff.com26 May 2022

'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'

Nirmalaji must wield the whip. Often

Nirmalaji must wield the whip. Often

Rediff.com18 Feb 2021

'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.

SC flags possible misuse of funds received through electoral bonds

SC flags possible misuse of funds received through electoral bonds

Rediff.com24 Mar 2021

The Supreme Court Wednesday flagged the issue of possible misuse of funds received through electoral bonds by political parties for illegal purposes like terrorism and asked the Centre whether there was any 'control' over how these funds were put to use.

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

Rediff.com20 Oct 2020

The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.

Pakistan is 'arsonist' disguising itself as 'fire-fighter': India at UNGA

Pakistan is 'arsonist' disguising itself as 'fire-fighter': India at UNGA

Rediff.com25 Sep 2021

"We keep hearing that Pakistan is a 'victim of terrorism'. This is the country which is an arsonist disguising itself as a fire-fighter. Pakistan nurtures terrorists in their backyard in the hope that they will only harm their neighbours," India's first secretary Sneha Dubey said in the UN General Assembly on Friday.

Fiscal deficit in Apr-Dec crosses 95% of annual target

Fiscal deficit in Apr-Dec crosses 95% of annual target

Rediff.com31 Jan 2014

Country's fiscal deficit touched Rs 516,390 crore or 95.2 per cent of the annual target during April-December, the Controller General of Accounts said.

Which way is Pakistan headed?

Which way is Pakistan headed?

Rediff.com12 Oct 2020

With the maulana fully committed and PML (N) cadres prepared to court arrest, this would be the first time where both Punjabis and Pakhtuns would be standing up against the Pakistan army, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.

Achche din eludes both Centre and states

Achche din eludes both Centre and states

Rediff.com28 Nov 2017

Data released earlier by CAG shows capital expenditure by the Centre had contracted 9.2 per cent in Q2

Land reforms fail, only 5% of India's farmers control 32% land

Land reforms fail, only 5% of India's farmers control 32% land

Rediff.com18 May 2016

The average land given to the rural landless is small and falling, from 0.95 acres in 2002 to 0.88 acres in 2015 - a 7.4 per cent drop over 13 years-and a slowdown is evident in the process of taking land away from rich landlords, the RTI data reveal.

How India Won The 1971 War

How India Won The 1971 War

Rediff.com3 Dec 2021

December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).