News for 'General Financial Rules'

Shivraj evades question on becoming MP CM again

Shivraj evades question on becoming MP CM again

Rediff.com2 Dec 2023

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday said his party would pull off a spectacular victory in the state assembly elections, but evaded a direct reply to a question whether he would be the chief minister for the fifth time, as he just said 'Bharatiya Janata Party Zindabad'.

The take-off and crash-landing of Jet's Naresh Goyal

The take-off and crash-landing of Jet's Naresh Goyal

Rediff.com4 Sep 2023

In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.

Emails show Air India top brass aware of 'peeing' incident

Emails show Air India top brass aware of 'peeing' incident

Rediff.com21 Jan 2023

According to e-mails accessed by ANI, the Air India cabin crew supervisor had reportedly sent out emails on November 27 at around 1 pm to the head of the Inflight Service Department (IFSD), base operations in India, Lead HR head of IFSD, and head of the northern region of IFSD and of complaints (customer care), informing them about the incident.

Check NCD's Credit Rating Before Investing

Check NCD's Credit Rating Before Investing

Rediff.com1 Feb 2023

An NCD's credit rating will tell you whether risk possibility is high or low. Instruments rated below AA are regarded as high-risk.

AAP leader says pre-poll tie-up with like-minded parties needed

AAP leader says pre-poll tie-up with like-minded parties needed

Rediff.com20 Apr 2023

He told PTI in an interview that parties that are still thinking of 'being the leader' of a possible united front against the Bharatiya Janata Party in the 2024 Lok Sabha polls have not understood the gravity of the situation at all.

'The Congress has to reboot'

'The Congress has to reboot'

Rediff.com8 Dec 2023

'Revanth Reddy mounted a spirited campaign in Telangana which turned around the fortunes of the Congress in six months.'

'Imran is the common enemy of US, China, Saudis'

'Imran is the common enemy of US, China, Saudis'

Rediff.com15 May 2023

'Nobody wants him to gain power.' 'But saying that all these players together conspired against Imran Khan and had him arrested would be in the realm of conjecture but possibilities cannot be ruled out.'

Extras: City's appeal against financial probe thrown out

Extras: City's appeal against financial probe thrown out

Rediff.com15 Nov 2019

News of all that transpired on and off the football field.

Market concentration of telecom sector leaders rises to 72% in FY23

Market concentration of telecom sector leaders rises to 72% in FY23

Rediff.com20 Jun 2023

Market concentration in the country's telecom sector continues to scale new heights despite government bailouts of public-sector Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), and private-sector Vodafone Idea. The combined revenue (or net sales) share of the country's top two telecom operators - Bharti Airtel and Reliance Jio - in the sector's total reached an all-time high of nearly 72 per cent in FY23 from 70.4 per cent in FY22 and around 60 per cent in FY20. The net sales of Reliance Jio and Bharti Airtel India were Rs 1.67 trillion in FY23, up 18.6 per cent from the Rs 1.4 trillion a year earlier.

Read This Before Filing I-T Returns

Read This Before Filing I-T Returns

Rediff.com18 Jul 2023

Penalties for non-disclosure or inaccurate disclosure of these details can be severe.

New rules freeze Indian credit market

New rules freeze Indian credit market

Rediff.com25 Apr 2014

Under Section 71 of the legislation, which took effect this month, corporate bond issuers have to create a debenture redemption reserve equivalent to at least 50% of a planned bond sale before the maturity of the security.

ED allowed to share information about economic offenders with 15 more agencies

ED allowed to share information about economic offenders with 15 more agencies

Rediff.com28 Nov 2022

The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.

Investors Must Avoid GREED!

Investors Must Avoid GREED!

Rediff.com26 Oct 2023

Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.

ETFs Vs Index Funds: Where To Invest?

ETFs Vs Index Funds: Where To Invest?

Rediff.com26 Sep 2023

Dwaipayan Bose highlights the similarities and contrasts between ETFs and Index Funds.

Pak Army Chief Is In No Mood To Forgive Imran Khan

Pak Army Chief Is In No Mood To Forgive Imran Khan

Rediff.com6 Mar 2023

The military establishment is in no mood to forgive or forget Imran's anti-military utterances, observes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.

Taxing The Rich To Please The Poor

Taxing The Rich To Please The Poor

Rediff.com15 May 2023

Taxing the rich will fetch nothing; only votes, argues Debashis Basu.

Know The Risks Of P2P Lending

Know The Risks Of P2P Lending

Rediff.com4 Jul 2023

Instead of being guided only by returns, investors should also factor in the risks of lending on these platforms.

Man who urinated on AI co-passenger absconding: Delhi Police

Man who urinated on AI co-passenger absconding: Delhi Police

Rediff.com5 Jan 2023

The Delhi Police sent multiple teams to nab the man, who had allegedly urinated on his female co-passenger on an Air India flight on November 26 last year, but he was absconding, officials said on Thursday.

India-Pak ties nosedive to new low in 2022 post Bilawal attack on Modi

India-Pak ties nosedive to new low in 2022 post Bilawal attack on Modi

Rediff.com23 Dec 2022

This year saw no improvement in bilateral ties as India accused Pakistan of cross-border infiltration and re-activation of terror-launching pads near the LoC.

Time To Shift To Non-Par Plans For Long Term

Time To Shift To Non-Par Plans For Long Term

Rediff.com10 May 2023

'Non-par plans returns are not market-linked. Hence, they can offer guaranteed returns.'

Maha to set up panel to strictly implement beef ban law

Maha to set up panel to strictly implement beef ban law

Rediff.com20 Mar 2023

The 'Maharashtra Gau Seva Aayog' (Maharashtra Commission for Cow Service) will supervise the rearing of livestock and assess which of them are unproductive and rendered unfit for milking, breeding, and carrying agricultural works etc, said the animal husbandry department official.

CAG flags financial gap of Rs 31,000 cr in telecom sector

CAG flags financial gap of Rs 31,000 cr in telecom sector

Rediff.com8 May 2015

DoT though failed to implement TRAI's recommendations to levy spectrum usage charge

Mining an opportunity: Firm, transparent laws key to attract investments

Mining an opportunity: Firm, transparent laws key to attract investments

Rediff.com8 Aug 2023

Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.

NDA Better For Economy Than INDIA In 2024

NDA Better For Economy Than INDIA In 2024

Rediff.com31 Aug 2023

What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan.

Breaking Up Business Groups Would Create More Problems

Breaking Up Business Groups Would Create More Problems

Rediff.com8 Jun 2023

Policies to break down the business group format are far more likely to be effective, argues Simon Commander.

Market Giving Sleepless Nights? Read This

Market Giving Sleepless Nights? Read This

Rediff.com30 Nov 2023

If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.

2014-15 a year of financial sector reforms

2014-15 a year of financial sector reforms

Rediff.com31 Mar 2015

The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

Karnataka: Cong demands arrest of BJP MLA, others for trader's suicide

Karnataka: Cong demands arrest of BJP MLA, others for trader's suicide

Rediff.com3 Jan 2023

Speaking to reporters after meeting the family, he said, as MLA of the locality, Arvind Limbavali is said to have tried to settle things.

Govt moves SC against stay on spectrum auction

Govt moves SC against stay on spectrum auction

Rediff.com15 Feb 2015

The case is likely to come up for hearing on Monday.

One year of Shinde govt: Politics overshadows governance

One year of Shinde govt: Politics overshadows governance

Rediff.com29 Jun 2023

The Sena and Shiv Sena-Uddhav Balasaheb Thackeray labelled each other gaddar (traitor) after Shinde's rebellion split their original party last year, while Deputy Chief Minister Devendra Fadnavis publicly asserted he had exacted revenge on Thackeray for his betrayal.

Bengal BJP hires 7 trains to ferry partymen for stir against TMC govt

Bengal BJP hires 7 trains to ferry partymen for stir against TMC govt

Rediff.com13 Sep 2022

Senior BJP leader and former state president of the party, Rahul Sinha, told PTI on Monday that all trains have either left from or would be leaving for their destinations in a few hours' time.

'Hindutva Is The New Normal'

'Hindutva Is The New Normal'

Rediff.com5 Dec 2023

'Barring Tamil Nadu and Kerala, the BJP will may make inroads in Karnataka, Andhra and Telangana in 2024.'

Cong promises Rs 2,000 monthly to women family heads in Karnataka

Cong promises Rs 2,000 monthly to women family heads in Karnataka

Rediff.com16 Jan 2023

'Gruha Lakshmi Yojana' is an attempt of the Congress party to share the 'burden of the exorbitant' LPG prices and the 'costly daily expenses' that a woman has to bear, the party said.

BBC chairman resigns after row over loan deal for BoJo

BBC chairman resigns after row over loan deal for BoJo

Rediff.com28 Apr 2023

The 67-year-old former Goldman Sachs banker, who has been the chairman of the UK taxpayer-funded licence fee-backed British Broadcasting Corporation (BBC), said the investigation found he had breached the governance code for public appointments.

Why electric two-wheelers missed the ambitious 1 million sales target

Why electric two-wheelers missed the ambitious 1 million sales target

Rediff.com1 Mar 2023

With just a month left in this financial year, electric two-wheeler sales, so far, are at just 62 per cent of the ambitious target of 1 million units set for 2022-23 by the NITI Aayog. According to VAHAN data, compiled by the Society of Manufacturers of Electric Vehicles (SMEV), 620,006 units of electric two-wheelers were sold across the country in FY23 until February 21. Though the industry may miss the 1-million target, sales in FY23 are already up 146 per cent from 249,621 units sold in FY22.

10 Reasons Why Dating Is Hard In India

10 Reasons Why Dating Is Hard In India

Rediff.com23 Sep 2022

Parental interference is a nuisance for young Indian daters, observes Ravi Mittal, CEO, Quack Quack, an online dating app. They either have a problem with the person their child is dating or with dating in general.

Is The Congress Doomed?

Is The Congress Doomed?

Rediff.com7 Dec 2023

The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Rediff.com13 May 2023

In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations. IBBI has called the exercise "crowdsourcing of ideas".

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Rediff.com28 Apr 2023

Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.