News for 'Estimates Committee'

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com4 days ago

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

Haryana Labour Department Probe Uncovers Massive Work Slip Fraud

Haryana Labour Department Probe Uncovers Massive Work Slip Fraud

Rediff.com14 hours ago

Haryana Labour Minister Anil Vij reveals a major scam in the labour department, with nearly 90% of work slips examined found to be fake. An investigation into the Haryana Building and Other Construction Workers Welfare Board reveals potential losses of thousands of crores of rupees.

Pak may develop missiles capable of hitting US: Gabbard

Pak may develop missiles capable of hitting US: Gabbard

Rediff.com18 Mar 2026

In a testimony before the Senate Intelligence Committee, Gabbard, the Director of National Intelligence, also said that the threats to the US were set to expand collectively from more than 3,000 missiles at present to more than 16,000 missiles by 2035.

Trump to visit China in May to meet Xi

Trump to visit China in May to meet Xi

Rediff.com26 Mar 2026

US President Donald Trump will travel to China in May for a rescheduled summit with Chinese President Xi Jinping, following a postponement due to the war in Iran. The White House has announced the new dates and indicated a reciprocal visit to Washington DC is planned.

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Rediff.com15 Mar 2026

Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).

BJP Chief Rajeev Chandrasekhar Rejects Rahul Gandhi's Claims of BJP-CPI(M) Alliance in Kerala

BJP Chief Rajeev Chandrasekhar Rejects Rahul Gandhi's Claims of BJP-CPI(M) Alliance in Kerala

Rediff.com2 days ago

BJP state chief Rajeev Chandrasekhar dismisses Rahul Gandhi's charge of a BJP-CPI(M) understanding in Kerala as baseless, asserting the NDA is competitive and criticising Congress's performance.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com7 days ago

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

NCP (SP) Leader Calls for Withdrawal of 'Misguided' Transgender Bill

NCP (SP) Leader Calls for Withdrawal of 'Misguided' Transgender Bill

Rediff.com17 Mar 2026

NCP (SP) leader Anish Gawande has urged the government to withdraw the Transgender Persons Amendment Bill, 2026, arguing that it undermines the right to self-determination of gender identity and was drafted without adequate consultation.

IRIS Dena sinking: Navy sends Tarangini, Ikshak to assist Sri Lanka

IRIS Dena sinking: Navy sends Tarangini, Ikshak to assist Sri Lanka

Rediff.com5 Mar 2026

The vessel sank on March 4, 2026, approximately 20 nautical miles west of Galle, after reportedly being struck by a torpedo from a United States submarine.

ISRO Reveals Connector Flaw Behind NVS-02

ISRO Reveals Connector Flaw Behind NVS-02

Rediff.com26 Feb 2026

ISRO stated that the disengagement of at least one contact -- in both the main and redundant paths -- of a connector led to the failure of NVS-02.

Green signal for Rs 22,000 cr Mumbai-Navi Mumbai airport Metro project

Green signal for Rs 22,000 cr Mumbai-Navi Mumbai airport Metro project

Rediff.com27 Jan 2026

The Maharashtra Cabinet Infrastructure Committee has approved a 35-km Metro project to connect the Mumbai and Navi Mumbai international airports at a cost of over Rs 22,000 crore.

India wages war on cervical cancer with free HPV vax for girls

India wages war on cervical cancer with free HPV vax for girls

Rediff.com6 Mar 2026

The figures are grim. India accounts for around 19 per cent of global cervical cancer cases and 23 per cent of deaths.

IDFC First bank flags Rs 590 crore fraud in Haryana govt accounts

IDFC First bank flags Rs 590 crore fraud in Haryana govt accounts

Rediff.com22 Feb 2026

IDFC First Bank reported a Rs 590 crore fraud involving its employees and others in accounts held by the Haryana government. The bank has informed regulators and filed a police complaint, initiating internal reviews and forensic audits.

'Suddenly, LPG Supply Stopped On Sunday'

'Suddenly, LPG Supply Stopped On Sunday'

Rediff.com11 Mar 2026

'Nobody explained why. After that there was panic buying, there was hoarding -- and then nothing reached us.'

RBI pauses rate cuts, retains interest rate at 5.25%

RBI pauses rate cuts, retains interest rate at 5.25%

Rediff.com6 Feb 2026

After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

Highlights of Union Budget 2026-27

Highlights of Union Budget 2026-27

Rediff.com1 Feb 2026

Highlights of Union Budget 2026-27

Budget 2026 lays blueprint for a future-ready digital ecosystem

Budget 2026 lays blueprint for a future-ready digital ecosystem

Rediff.com9 Feb 2026

Budget 2026 is an intentional and ambitious one - From manufacturing growth to services supremacy, from technology consumption to AI-powered transformation. This is the blueprint for a $7 trillion economy built on intelligence, not just scale.

'Child Marriage Is Nothing But Child Rape'

'Child Marriage Is Nothing But Child Rape'

Rediff.com27 Feb 2026

'People don't believe that a 15-year-old girl subjected to sexual intercourse within a marriage is a victim of rape.'

Chinnaswamy Gets Greenlight To Host IPL Games

Chinnaswamy Gets Greenlight To Host IPL Games

Rediff.com17 Jan 2026

KSCA receives government permission to host international and IPL matches at Chinnaswamy Stadium

India to buy 114 Rafale jets in largest-ever arms push

India to buy 114 Rafale jets in largest-ever arms push

Rediff.com12 Feb 2026

The Indian Defence Ministry has approved the procurement of 114 Rafale fighter jets from France, a significant step towards bolstering the Indian Air Force's combat capabilities. The decision comes ahead of French President Emmanuel Macron's visit to India.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

Inflation rises to 3-month high of 1.33% in Dec; remains below RBI tolerance band

Inflation rises to 3-month high of 1.33% in Dec; remains below RBI tolerance band

Rediff.com12 Jan 2026

Retail inflation rose to a three-month high of 1.33 per cent in December 2025 mainly due to higher prices of kitchen essentials, including vegetables and protein-rich items.

'Most Mental Health Issues Start Before Age 25'

'Most Mental Health Issues Start Before Age 25'

Rediff.com29 Jan 2026

A large-scale international study published in the journal, Molecular Psychiatry, has been tracking over 7 lakh individuals and has shown that 34.6 per cent of mental disorders begin before the age of 14 years, 48.4 per cent before 18 years and 62.5 per cent by the age of 25 years.

Air, Water Purifiers: GST Council May Weigh 5% Levy

Air, Water Purifiers: GST Council May Weigh 5% Levy

Rediff.com30 Dec 2025

The GST Council at its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.

Why 3 Tigers Died In Kaziranga Within A Fortnight

Why 3 Tigers Died In Kaziranga Within A Fortnight

Rediff.com21 Jan 2026

Kaziranga remains a critical stronghold for tiger conservation in India, but the recent deaths underscore the growing challenges of managing a thriving population within a limited landscape.

Hydel power project on Chenab: Pak senator cries foul

Hydel power project on Chenab: Pak senator cries foul

Rediff.com29 Dec 2025

A Pakistani senator has warned that India's approval of a hydel power project on the Chenab River will further inflame tensions between the two countries, particularly in light of the suspended Indus Waters Treaty.

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Rediff.com10 Jan 2026

India's third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). This is expected to ease pressure on its balance sheet and enable the company to raise bank debt for capital expenditure.

Highlights of Reserve Bank's monetary policy

Highlights of Reserve Bank's monetary policy

Rediff.com5 Dec 2025

* Repo rate reduced by 25bps to 5.25 pc; * 4th rate cut, totalling 125 bps, since February 2025; * MPC also decided to continue with neutral stance; * GDP growth forecast for FY26 raised to 7.3 pc from 6.8 pc;

India's trade deficit with China may reach $106 billion in 2025: GTRI

India's trade deficit with China may reach $106 billion in 2025: GTRI

Rediff.com19 Dec 2025

India's trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday.

RBI's policy dilemma: To look at inflation or growth for rate action

RBI's policy dilemma: To look at inflation or growth for rate action

Rediff.com26 Nov 2025

The consumer price index (CPI)-based inflation hitting an all-time low in October would encourage the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to cut the policy repo rate in its upcoming December 3-5 meeting. However, the July-September GDP growth, expected to be above 7 per cent, may act as a deterrent.

Shifting My House Erased My Voter Record!

Shifting My House Erased My Voter Record!

Rediff.com9 Jan 2026

'I don't want to be called a new Indian voter when I am an old Indian voter.'

Messi event fiasco: Mamata accepts sports minister's resignation

Messi event fiasco: Mamata accepts sports minister's resignation

Rediff.com17 Dec 2025

West Bengal Chief Minister Mamata Banerjee on Tuesday accepted Aroop Biswas's resignation as the sports minister in the wake of the controversy over the mismanagement of football icon Lionel Messi's event last week, a senior leader of the ruling Trinamool Congress said.

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Rediff.com5 Dec 2025

From the Sensex firms, State Bank of India, Bajaj Finserv, Bajaj Finance, Maruti, HCL Tech, Larsen & Toubro, Mahindra & Mahindra and Infosys were among the major winners. However, Hindustan Unilever, Eternal, Tata Motors Passenger Vehicles, and Sun Pharma were among the laggards.

Several hurt as local poll results trigger violence in Kerala

Several hurt as local poll results trigger violence in Kerala

Rediff.com14 Dec 2025

According to an FIR registered at Edachery police station, around 200 people marched towards the Congress office carrying dangerous weapons and vandalised the building, causing damage estimated at around Rs five lakh.

Stock markets likely to stay range-bound

Stock markets likely to stay range-bound

Rediff.com6 Dec 2025

The Reserve Bank of India (RBI) on Friday delivered a 25 basis point (bps) repo rate cut analysts expected, driven by the strong 8.2 per cent GDP growth in the September quarter. However, analysts do not expect a runaway market rally as the impact of US tariffs continues.

Will RBI Cut Rates In December MPC Meet?

Will RBI Cut Rates In December MPC Meet?

Rediff.com1 Dec 2025

'Rate cut looks unlikely and there is reason to believe that the cycle is over.'

Will Xi Jinping's Enemies Stage A Coup?

Will Xi Jinping's Enemies Stage A Coup?

Rediff.com27 Nov 2025

If Xi Jinping is dethroned in the future, the instrument for that may well be embedded within the PLA, notes former foreign secretary Shyam Saran.

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.

Ahmedabad formally awarded hosting rights of 2030 CWG

Ahmedabad formally awarded hosting rights of 2030 CWG

Rediff.com26 Nov 2025

It was a mere formality for the general assembly of 74 members to put a seal of approval on India's bid after Ahmedabad was recommended as the proposed host of the centenary edition by the Commonwealth Sport's Executive Board last month. India last hosted the CWG in 2010 in Delhi.