News for 'General Category'

Be Careful About Festival Loan Offers

Be Careful About Festival Loan Offers

Rediff.com1 Dec 2023

'Look not just at the interest rate but also the processing fee.'

Third gender marked as 'caste' in Bihar's caste-based survey

Third gender marked as 'caste' in Bihar's caste-based survey

Rediff.com7 Apr 2023

Many has termed the state government's move of considering 'third gender' a separate caste in the ongoing exercise as a 'criminal act'

'Banking system has learnt lessons from 2008 crisis'

'Banking system has learnt lessons from 2008 crisis'

Rediff.com15 Mar 2024

'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'

HC questions govt over poor infra for security at Subramanian Swamy's house

HC questions govt over poor infra for security at Subramanian Swamy's house

Rediff.com31 Oct 2022

The court was informed by the central government that a security review of Swamy's private house, where he would be residing after vacating the government-allotted bungalow, has been undertaken.

Ahead of Model Code of Conduct, Raje announces free electricity to farmers

Ahead of Model Code of Conduct, Raje announces free electricity to farmers

Rediff.com6 Oct 2018

Raje said the electricity infrastructure in the state was in bad shape when she came to power, adding that the government turned the situation around by infusing nearly Rs 40,000 crore.

TN allows liquor only at IPL, investors' summit, bans in marriage halls

TN allows liquor only at IPL, investors' summit, bans in marriage halls

Rediff.com25 Apr 2023

The government denied granting permission to serve liquor at wedding halls, even as the opposition parties slammed the ruling Dravida Munnetra Kazhagam's move to dilute the total prohibition policy.

Unemployment rises across religions, social groups

Unemployment rises across religions, social groups

Rediff.com22 Feb 2019

The problem of unemployment is spread across the economy.

Share tips on defaulters and win up to Rs 20 lakh

Share tips on defaulters and win up to Rs 20 lakh

Rediff.com9 Mar 2023

With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to Rs 20 lakh to informants for sharing information about the assets of defaulters. The reward may be granted in two stages -- interim and final. While the interim reward amount will not exceed two and a half per-cent of the reserve price of the asset regarding which tips was provided or Rs 5 lakh, whichever is less and the final reward amount will not exceed 10 per cent of the dues recovered or Rs 20 lakh, whichever is less.

'Markets may experience turbulence'

'Markets may experience turbulence'

Rediff.com22 Nov 2023

'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'

PSUs in fast lane on capex push, top 10 shares nearly double

PSUs in fast lane on capex push, top 10 shares nearly double

Rediff.com14 Sep 2023

Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.

Thirteen clubs to vie for ISL promotion

Thirteen clubs to vie for ISL promotion

Rediff.com12 Aug 2023

The I-League 2023-24 will be organised with 13 participating clubs on a home-and-away double round-robin basis for a total of 156 matches in the season.

Flipkart eyes profitability ahead of IPO

Flipkart eyes profitability ahead of IPO

Rediff.com22 Jan 2024

Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.

HC directs former BJP MP Swamy to vacate govt bungalow in 6 weeks

HC directs former BJP MP Swamy to vacate govt bungalow in 6 weeks

Rediff.com14 Sep 2022

The Delhi high court on Wednesday directed former Bharatiya Janata Party Rajya Sabha member Subramanian Swamy to hand over possession of his government bungalow to the estate officer within six weeks.

Air India's LWP scheme stinks of nepotism

Air India's LWP scheme stinks of nepotism

Rediff.com7 Aug 2020

If the idea of LWP scheme is to only weed out around 600 employees and subsequently save the carrier Rs 10 crore a month, the management could have easily laid off the retired employees, who had an advantage over others by dint of having 'connections' internally and in the corridors of the ministry of civil aviation, say Air India staff.

'Prefer largecap to midcaps and smallcaps'

'Prefer largecap to midcaps and smallcaps'

Rediff.com31 Oct 2023

'Midcap and smallcap indices are trading in the expensive zone.'

Will Vasundhara Endorse Gehlot's Schemes

Will Vasundhara Endorse Gehlot's Schemes

Rediff.com4 Dec 2023

The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.

How Index Funds Can Help Manage Risks

How Index Funds Can Help Manage Risks

Rediff.com21 Dec 2023

Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks

Mukesh Ambani's security cover upgraded to Z+

Mukesh Ambani's security cover upgraded to Z+

Rediff.com29 Sep 2022

The government has upgraded the security cover of billionaire industrialist Mukesh Ambani to the top category of 'Z+' after a review of perceived threat perception to him by central intelligence and security agencies, official sources said on Thursday.

NFO collections shrink in 2022 as new equity fund launches dry up

NFO collections shrink in 2022 as new equity fund launches dry up

Rediff.com28 Dec 2022

Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches this year eclipsing the 2021 tally. Industry insiders cite the absence of launches in popular categories as the reason behind lower collections this year. Typically, only NFOs in popular categories from major fund houses rake in the moolah.

How Rajbhar's return to NDA will help the BJP in UP

How Rajbhar's return to NDA will help the BJP in UP

Rediff.com16 Jul 2023

The SBSP can impact around 10 Lok Sabha seats and 40 assembly seats in 7-8 districts in Uttar Pradesh, according to poll analysts.

No political statements on scrapping Muslim quota please, says SC

No political statements on scrapping Muslim quota please, says SC

Rediff.com9 May 2023

The Supreme Court on Tuesday took serious exception to political statements being made on the sub-judice matter related to the withdrawal of four percent Muslim quota in Karnataka, saying "some sanctity needs to be maintained".

JioMart morphs into e-marketplace to take on Amazon and Flipkart

JioMart morphs into e-marketplace to take on Amazon and Flipkart

Rediff.com26 Sep 2022

Reliance Retail's digital commerce platform JioMart will morph into an e-marketplace offering multiple brands - from electronics, consumer durables, fashion and lifestyle, beauty, home, kitchen, and grocery - as it girds up to take on the likes of Amazon and Flipkart ahead of the festival season sales. India's largest retailer was in the process of onboarding third-party sellers these past few months, further increasing its selection across categories multifold. Its website and application offers general merchandise as well.

'Most difficult operation done by any army in the world'

'Most difficult operation done by any army in the world'

Rediff.com18 Apr 2023

'Khalistan would have been in existence today, but for the army.'

Humpy, Harika to spearhead India's challenge in Asian Games

Humpy, Harika to spearhead India's challenge in Asian Games

Rediff.com9 Jul 2023

The men's team comprises Grandmasters D Gukesh, Gujrathi, Erigaisi, P Harikrishna and R Praggnanandhaa.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

Good response from fans for Indore Test

Good response from fans for Indore Test

Rediff.com6 Nov 2019

Over 40 per cent of the total season tickets of the India-Bangladesh Test beginning November 14 have been sold out so far in the last four days.

EC notice to Mamata over appeal to Muslim voters

EC notice to Mamata over appeal to Muslim voters

Rediff.com7 Apr 2021

She has been asked to respond to the notice within the next 48 hours.

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

Downgrades may pressure Voltas stock, quality control norms could impact sales

Downgrades may pressure Voltas stock, quality control norms could impact sales

Rediff.com2 Nov 2023

In the July to September quarter of 2023-24 (Q2FY24), Voltas' revenues grew by 29.7 per cent year-on-year (Y-o-Y), but the adjusted net profit was down by 63 per cent Y-o-Y. The revenues hit Rs 2,290 crore, led by growth in the Unitary Cooling Products segment (up 15.4 per cent Y-o-Y, and in the EMP (Electromechanical project) business (up 66.8 per cent Y-o-Y). The UCP revenue rose to Rs 1,200 crore in Q2FY24, driven by volume growth despite weak consumer spending - the three-year annual growth is 18 per cent.

What's A Factor-Based Fund?

What's A Factor-Based Fund?

Rediff.com2 Nov 2023

'No human bias is involved as happens in active funds.'

Set up delimitation panel for SC/ST quota, SC tells govt

Set up delimitation panel for SC/ST quota, SC tells govt

Rediff.com23 Nov 2023

While asking the Centre to set up the delimitation panel, the top court, however, said it cannot direct Parliament to amend or make laws for giving proper representation to other communities that form part of the STs as that would amount to "venturing into the legislative domain".

UPSC to act against 2 for falsely claiming selection in IAS

UPSC to act against 2 for falsely claiming selection in IAS

Rediff.com26 May 2023

The case relates to Aysha Makrani (from Madhya Pradesh) and Tushar (from Haryana) who fraudulently claimed that they have been finally recommended by the Commission in the civil services examination 2022 against two roll numbers of genuinely recommended candidates, it said.

Why India's airlines are so often developing snags

Why India's airlines are so often developing snags

Rediff.com18 Jul 2022

With airlines reporting multiple technical malfunction incidents, aviation regulator DGCA on Monday said it conducted spot checks and found that there is an insufficient number of engineering personnel certifying planes of various carriers before their departure. Before each departure, an aircraft is checked and certified by an aircraft maintenance engineer (AME). The DGCA has now issued guidelines for airlines on the deployment of AME personnel and directed them to comply by July 28.

Bihar caste survey out; OBCs, EBCs 63% of population

Bihar caste survey out; OBCs, EBCs 63% of population

Rediff.com2 Oct 2023

According to the data released in Patna by Development Commissioner Vivek Singh, the state's total population stood at a little over 13.07 crore, out of which the EBCs (36 per cent) were the largest social segment followed by the OBCs at 27.13 per cent.

Rahman's 'Jai Ho' played twice at Macron's banquet for Modi

Rahman's 'Jai Ho' played twice at Macron's banquet for Modi

Rediff.com16 Jul 2023

Set to tune by celebrated music composer A R Rahman, Jai Ho received an Academy Award for Best Original Song at the 81st Academy Awards in 2009, and also won in the category of 'Best Song Written for a Motion Picture' at the 52nd Grammy Awards in 2010.

SC unhappy over Gujarat HC deferring rape survivor's abortion plea

SC unhappy over Gujarat HC deferring rape survivor's abortion plea

Rediff.com19 Aug 2023

In a special sitting on a Saturday, a bench of Justices B V Nagarathna and Ujjal Bhuyan observed that there should be a sense of urgency in such cases and not a 'lackadaisical attitude' of treating the matter as any normal case and just adjourning it.

Interested in operations management?

Interested in operations management?

Rediff.com10 Jun 2009

Indira Gandhi National Open University (IGNOU) announces admissions to its Post Graduate Diploma in Operations Management (PGDOM).

Are These The Right Mutual Fund Investments?

Are These The Right Mutual Fund Investments?

Rediff.com26 Oct 2023

rediffGURU Vivek Lala answers your income tax and personal finance queries.

Has Sanatana Dharma Met Its Electoral Match In Caste Census?

Has Sanatana Dharma Met Its Electoral Match In Caste Census?

Rediff.com5 Oct 2023

It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.

Can't kill a child: SC on termination of 26-week pregnancy

Can't kill a child: SC on termination of 26-week pregnancy

Rediff.com12 Oct 2023

"Do you want us to tell the doctors at AIIMS to stop the fetal heart?" the bench, also comprising Justices J B Pardiwala and Manoj Misra, asked the counsel appearing for the 27-year-old woman.