News for 'Direct Benefit Transfers'

MCA Rethinks PM Internship Scheme

MCA Rethinks PM Internship Scheme

Rediff.com17 Nov 2025

With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.

'Nothing Will Affect Taxpayers' Benefits'

'Nothing Will Affect Taxpayers' Benefits'

Rediff.com11 Aug 2025

'There is no retrospective changing of the law, only its simplification.'

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

Equity Markets' Challenges: Weak Demand, High Valuation

Equity Markets' Challenges: Weak Demand, High Valuation

Rediff.com17 Feb 2026

Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.

New Air Ticket Refund Rules Will Help You

New Air Ticket Refund Rules Will Help You

Rediff.com27 Feb 2026

While this doesn't mean that air travel is now a breeze, what it does mean is that you now have more rights and more control over your money.

Haryana CM Saini Denies Opposition's Pension Cancellation Claims

Haryana CM Saini Denies Opposition's Pension Cancellation Claims

Rediff.com27 Feb 2026

Haryana Chief Minister Nayab Singh Saini has refuted claims by the opposition regarding the cancellation of old-age pensions, calling them baseless and politically motivated. He assured that the government is verifying discrepancies to ensure only eligible beneficiaries receive pensions and highlighted the increase in pension amounts and the number of beneficiaries under the current regime.

Direct Cash Transfer system pure magic: Chidambaram

Direct Cash Transfer system pure magic: Chidambaram

Rediff.com22 Dec 2012

We will roll out the scheme from January 1, says P Chidambaram.

Pentagon Purge Rocks Iran War

Pentagon Purge Rocks Iran War

Rediff.com3 Apr 2026

The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.

Sebi takes measures to deepen investors' participation in capital market

Sebi takes measures to deepen investors' participation in capital market

Rediff.com17 Dec 2025

Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.

UPI Goes Global, Fintech Hits A Wall

UPI Goes Global, Fintech Hits A Wall

Rediff.com1 Nov 2025

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'

Budget 2026: What Mutual Fund Industry Wants...

Budget 2026: What Mutual Fund Industry Wants...

Rediff.com28 Jan 2026

Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.

Nitish Kumar's Education Reforms: Top Grades Then Slide

Nitish Kumar's Education Reforms: Top Grades Then Slide

Rediff.com3 Nov 2025

The story of Bihar's educational reform is a lesson for all reforms done halfway.

UPA's cash transfer scheme: Sonia's explanation

UPA's cash transfer scheme: Sonia's explanation

Rediff.com15 Dec 2012

Congress president Sonia Gandhi on Saturday strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA.

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

'BJP Isn't Undefeatable In North India, But...'

'BJP Isn't Undefeatable In North India, But...'

Rediff.com19 Nov 2025

'...the electoral playing field is tilted significantly in its favour.'

RBI Eases KYC Deadline For Low-Risk Customers

RBI Eases KYC Deadline For Low-Risk Customers

Rediff.com13 Jun 2025

'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'

'Money Alone Does Not Buy Trust Or Votes'

'Money Alone Does Not Buy Trust Or Votes'

Rediff.com9 Oct 2025

'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'

Govt urges banks to close inoperative Jan Dhan accounts

Govt urges banks to close inoperative Jan Dhan accounts

Rediff.com7 Jul 2025

State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.

Direct govt subsidy for 1 LPG cylinder: PMO

Direct govt subsidy for 1 LPG cylinder: PMO

Rediff.com18 Apr 2013

Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.

RBI Warns Against Stablecoins, Backs CBDCs

RBI Warns Against Stablecoins, Backs CBDCs

Rediff.com13 Dec 2025

'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'

India now world's 5th largest economy: Sitharaman

India now world's 5th largest economy: Sitharaman

Rediff.com1 Feb 2020

Sitharaman also listed out various welfare schemes like affordable housing, direct benefit transfer and Ayushman Bharat.

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

Rediff.com27 Nov 2025

Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.

Want To Donate To A Political Party? Read This!

Want To Donate To A Political Party? Read This!

Rediff.com21 Nov 2025

Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN.

India makes 85% of digital payment through UPI: RBI Guv Malhotra

India makes 85% of digital payment through UPI: RBI Guv Malhotra

Rediff.com16 Oct 2025

About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.

What fintechs must do to scale up presence of e

What fintechs must do to scale up presence of e

Rediff.com24 Feb 2025

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

Rediff.com25 Nov 2025

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'

'From India-First To India-For-The-World'

'From India-First To India-For-The-World'

Rediff.com2 Jul 2025

'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Rediff.com11 Sep 2025

'No one can ignore PK's prediction about Nitish Kumar's party.'

Only 3-4 lakh found bogus in Ladki Bahin scheme; govt to release dues

Only 3-4 lakh found bogus in Ladki Bahin scheme; govt to release dues

Rediff.com19 Sep 2025

Maharashtra government to resume payments for most beneficiaries of the Ladki Bahin scheme after verification process found only a small percentage to be ineligible.

We began Rana extradition process, Modi govt benefited: Congress

We began Rana extradition process, Modi govt benefited: Congress

Rediff.com10 Apr 2025

The Congress party has claimed credit for the extradition of Tahawwur Rana, an accused in the 2008 Mumbai terror attacks, from the US, saying the Modi government did not initiate the process and merely benefited from the "mature, consistent and strategic diplomacy" begun under the UPA. Former Home Minister P Chidambaram said the government did not secure any breakthrough to make the extradition possible, nor is it the result of any grandstanding. He added that it was a testament to what the Indian state can achieve when diplomacy, law enforcement and international cooperation are pursued sincerely and without any kind of chest-thumping. Chidambaram detailed the UPA government's efforts in securing Rana's extradition, citing the registration of a case against him in 2009, diplomatic pressure on Canada and the US, and continued efforts despite legal setbacks. He highlighted the role of the UPA in securing Rana's conviction for other terrorism-related offences and the cooperation between the US and Indian agencies in gathering evidence and securing his extradition. The Congress leader further stated that it was the UPA's groundwork that paved the way for Rana's extradition, even after the change in government in 2014.

Rs 7,024 cr transferred under LPG cash subsidy scheme

Rs 7,024 cr transferred under LPG cash subsidy scheme

Rediff.com20 Mar 2015

Rs 7,024 cr transferred under LPG cash subsidy scheme.

Home Loans: Banks Roll Out Festive Offers

Home Loans: Banks Roll Out Festive Offers

Rediff.com6 Oct 2025

'Do exhaustive research and then select the one that best fits your budget and requirements.'

'No contact since his arrest': Wangchuk's wife moves SC

'No contact since his arrest': Wangchuk's wife moves SC

Rediff.com3 Oct 2025

Gitanjali Angmo, wife of climate activist Sonam Wangchuk, has filed a plea in the Supreme Court seeking his release from detention under the National Security Act. Wangchuk was detained following protests in Ladakh. The plea challenges his detention and alleges violations of due process.

UK Opens Up For Indian Students

UK Opens Up For Indian Students

Rediff.com8 Oct 2025

'Initiatives such as the Young Professionals Scheme also offer young graduates the chance to live and work in the UK after gaining experience.'

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Rediff.com18 Nov 2025

Debtor alleges evidence from OCI Ltd shows funds were "round-tripped" to Byju Raveendran despite his earlier sworn statements -- claims Byju's founders strongly reject.

TMC believes in Transfer My Commission: PM attacks Mamata

TMC believes in Transfer My Commission: PM attacks Mamata

Rediff.com18 Mar 2021

Prime Minister Narendra Modi Thursday attacked West Bengal Chief Minister Mamata Banerjee for pursuing "appeasement and vote bank politics" which were responsible for infiltration.

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Rediff.com15 Aug 2025

President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

'This Election Marks End Of Nitish-Lalu Era'

'This Election Marks End Of Nitish-Lalu Era'

Rediff.com11 Nov 2025

'If the RJD loses it would be out of power for nearly 25 years. Meanwhile, the JD-U will have survival issues if it gets less number of seats.'