News for 'Direct Benefit Transfer'

Was CIC Mahurkar Right In His Views?

Was CIC Mahurkar Right In His Views?

Rediff.com2 Dec 2022

'As CIC, you have the power to comment on policy matters. 'If you have very strong beliefs and you know your rulings will be reported, you will express your beliefs.'

Time for 'Big Bang' reforms to accelerate growth: Survey

Time for 'Big Bang' reforms to accelerate growth: Survey

Rediff.com27 Feb 2015

The Economic Survey called for improving business environment.

PM defends NPR in RS, says Oppn is misleading people

PM defends NPR in RS, says Oppn is misleading people

Rediff.com6 Feb 2020

Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said for the first time in decades, people of Jammu and Kashmir got benefits of reservation.

Customers in limbo as banks, RBI thrash out differences

Customers in limbo as banks, RBI thrash out differences

Rediff.com30 Aug 2021

The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.

Sisodia sent to ED remand till Mar 17; bail plea to be heard on Mar 21

Sisodia sent to ED remand till Mar 17; bail plea to be heard on Mar 21

Rediff.com11 Mar 2023

A Delhi court on Friday sent former Delhi deputy chief minister Manish Sisodia, arrested in a money laundering case related to the excise policy, to the Enforcement Directorate's custody till March 17.

Govt looks to save Rs 10,000 cr in cooking gas subsidies

Govt looks to save Rs 10,000 cr in cooking gas subsidies

Rediff.com7 Jun 2015

The world's largest cash transfer programme has eliminated around 40 million ghost connections

Few economic activities that ruled India in 2015

Few economic activities that ruled India in 2015

Rediff.com18 Dec 2015

For a long time, the Indian economy has been drifting without a credible monetary anchor.

Govt looking for common ground on GST; hopes to pass it soon

Govt looking for common ground on GST; hopes to pass it soon

Rediff.com27 Nov 2015

Govt looking for common ground on GST; hopes to pass it soon.

Worsening Centre, states relation poses a 'threat to federalism'

Worsening Centre, states relation poses a 'threat to federalism'

Rediff.com20 Oct 2020

When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.

Why retail fuel prices are likely to remain high

Why retail fuel prices are likely to remain high

Rediff.com9 Jan 2017

Govt unlikely to cut excise duties to compensate for higher global prices, say analysts.

Dawood funds terror acts in India, has unit to target leaders, bizmen: NIA

Dawood funds terror acts in India, has unit to target leaders, bizmen: NIA

Rediff.com8 Nov 2022

The D-Company has established a special unit to strike terror in people of India by attacking eminent personalities, including political leaders and businesspersons, the probe agency further claimed.

Weak crude oil may bring Rs 88,800-cr gains this year

Weak crude oil may bring Rs 88,800-cr gains this year

Rediff.com9 Aug 2015

Indian basket at 6-month low of $49.11 a bbl

'Muslims have retreated into themselves'

'Muslims have retreated into themselves'

Rediff.com22 Mar 2022

'It's like the BJP is mocking people: Do what you want, we'll still win.'

Clarity likely on taxing NFT as virtual digital asset

Clarity likely on taxing NFT as virtual digital asset

Rediff.com6 Jun 2022

Ahead of the first due date of advance tax payment on June 15, the government is likely to release guidelines on what will be covered within the ambit of virtual digital assets (VDA). To remove any ambiguity in the recently established tax framework for asset holders, the Central Board of Direct Taxes (CBDT) is currently preparing guidelines, said government officials in the know. The apex direct tax body will define non-fungible tokens (NFTs) and whether or not they fall within the purview of VDA.

Why cows have become a problem in UP

Why cows have become a problem in UP

Rediff.com5 May 2019

Hordes of cows rampage through the fields, eating everything in sight. This is after the UP government banned slaughter of cattle. As a result, farmers whose cows become old and are a liability simply sets them loose.

Elgar Parishad: No phone for Navlakha, no bail for 5 activists

Elgar Parishad: No phone for Navlakha, no bail for 5 activists

Rediff.com8 Jul 2022

A government lawyer told the Bombay high court on Friday that though prison inmates can talk to their relatives or lawyers on phone, she was not sure if the facility could be granted to activist Gautam Navlakha, an accused in the Elgar Parishad-Maoist links case.

Banks should pass on the rate benefit to customers: Shaktikanta Das

Banks should pass on the rate benefit to customers: Shaktikanta Das

Rediff.com5 Aug 2019

Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.

Modi wants RBI to prepare road map for financial inclusion

Modi wants RBI to prepare road map for financial inclusion

Rediff.com2 Apr 2015

PM has asked the Reserve Bank to prepare a 20-year road map for financial inclusion

'Citibank is more optimistic than RBI'

'Citibank is more optimistic than RBI'

Rediff.com16 Jul 2015

'This is clearly a much stronger government, a much strong Prime Minister's Office and a much more disciplined approach. There is an improvement of the work culture in the government -- people don't play golf in the mornings anymore. There is a huge attempt going on to making business easier,' says Rakesh Mohan, executive director at the IMF.

Nirmala attacks Oppn for creating false narrative around Budget

Nirmala attacks Oppn for creating false narrative around Budget

Rediff.com12 Feb 2021

She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.

Reinstate woman judicial officer who filed sexual harassment plaint: SC

Reinstate woman judicial officer who filed sexual harassment plaint: SC

Rediff.com10 Feb 2022

The Supreme Court on Thursday ordered the reinstatement of a former Madhya Pradesh woman judicial officer, who resigned in 2014 following an inquiry into her allegations of sexual harassment against a high court judge, saying her resignation cannot be construed to be voluntary.

Govt loosened purse strings with fiscal deficit in mind, willing to do more: FM

Govt loosened purse strings with fiscal deficit in mind, willing to do more: FM

Rediff.com28 Feb 2020

Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.

ONGC, OIL exempted from LPG subsidy payments this fiscal

ONGC, OIL exempted from LPG subsidy payments this fiscal

Rediff.com21 Apr 2015

The FinMin will pay Rs 5,324 crore (Rs 53.24 billion) for Jan-March.

Monthly rise in kerosene price to turn around oil sector's fortunes

Monthly rise in kerosene price to turn around oil sector's fortunes

Rediff.com14 Jul 2016

Inclusive of the July hike of 25 paise, a monthly increase of similar amount would result in a saving of Rs 2.25 a litre for the current financial year alone.

Tripura polls: BJP manifesto offers greater autonomy but silent on jobs, pension

Tripura polls: BJP manifesto offers greater autonomy but silent on jobs, pension

Rediff.com9 Feb 2023

The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.

Who knows when Aadhaar will be fixed?

Who knows when Aadhaar will be fixed?

Rediff.com17 Jan 2018

'Apparently the entire biometric database's demographic data is available, which means that every Aadhaar signup is wide open to identity theft.' 'The commoditisation of the method -- selling the log-in for Rs 500 -- indicates that scammers have already harvested whatever they wanted,' points out Devangshu Datta.

UIDAI plans to use face recognition for Aadhaar

UIDAI plans to use face recognition for Aadhaar

Rediff.com16 Jan 2018

However, the facility will be allowed on a need basis and can be used only in "fusion mode", which means people can use it only along with other existing means of authentication.

Goa polls: TMC promises Rs 5,000 dole a month scheme for women

Goa polls: TMC promises Rs 5,000 dole a month scheme for women

Rediff.com11 Dec 2021

The Trinamool Congress on Saturday promised to roll out a direct cash transfer scheme for women in Goa if it is voted to power in the state after the Assembly polls due in February next year.

Rajan softens stance on Jan Dhan, says it's a welcome scheme

Rajan softens stance on Jan Dhan, says it's a welcome scheme

Rediff.com30 Sep 2014

The RBI Governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.

New life for Aadhaar: Is it possible?

New life for Aadhaar: Is it possible?

Rediff.com23 Sep 2014

The key gain from using Aadhaar will be a drastic cut in impersonation and fictitious identities, thereby plugging a major loophole through which a lot of leakage in subsidy payment takes place.

Growing crops in space, reaping the benefits on Earth

Growing crops in space, reaping the benefits on Earth

Rediff.com3 Feb 2019

The ongoing experiments on Moon, Mars and elsewhere could translate into better crop yields and hardier plants that could thrive in inhospitable parts of the world, says Devangshu Datta.

Load-shedding will be illegal from April 2019

Load-shedding will be illegal from April 2019

Rediff.com8 Dec 2017

Discoms will not only be penalised for undue outages, they will not be able to bill you for losses.

Markets extend gains for the fourth straight day

Markets extend gains for the fourth straight day

Rediff.com22 Feb 2016

The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.

Oil firms stand to gain from weaker crude prices

Oil firms stand to gain from weaker crude prices

Rediff.com14 Aug 2014

Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.

After benefits of cheap oil, India counts cost of reduced Gulf remittances

After benefits of cheap oil, India counts cost of reduced Gulf remittances

Rediff.com25 May 2016

The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows

'India will leapfrog to be a data-rich nation in 5 years'

'India will leapfrog to be a data-rich nation in 5 years'

Rediff.com19 Feb 2016

Nilekani said new-age technology markets work on a winner-takes-all basis.

The pension dilemma: Ring in the old, out with the new?

The pension dilemma: Ring in the old, out with the new?

Rediff.com15 Feb 2023

With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.

IT Dept detects 'tax evasion worth crores' in raids linked to SP

IT Dept detects 'tax evasion worth crores' in raids linked to SP

Rediff.com21 Dec 2021

The Income Tax Department detected bogus expenditure claims and alleged transfer of share capitals worth crores of rupees through shell companies after it recently raided some entities in Karnataka and Uttar Pradesh, including people linked to the Samajwadi Party.

The challenges Modi govt faces in 2015

The challenges Modi govt faces in 2015

Rediff.com7 Jan 2015

Four specific areas will be watched carefully in the first half of FY16

Selling a house? This is how you can claim tax benefits

Selling a house? This is how you can claim tax benefits

Rediff.com19 Sep 2016

If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax