News for 'Households Income'

88% people support extension of lockdown: Survey

88% people support extension of lockdown: Survey

Rediff.com1 May 2020

In Round 1, 62 per cent strongly supported the continuation of the lockdown and 24 per cent expressed some support.

Time to focus more on inequality than growth

Time to focus more on inequality than growth

Rediff.com13 Oct 2017

A new study shows that the bottom half of the population enjoyed only 15 per cent of national income in 2013-14, down sharply from 24 per cent in the early 1980s.

Did Savarkar Influence Godse on Women?

Did Savarkar Influence Godse on Women?

Rediff.com17 Feb 2022

Godse's choice fitted with the Hindutva world view in which the assertion of masculinity, power and virility -- both discursively and institutionally -- occupied the central position. His close association with Savarkar seems only to have sharpened his uncompromising views on women.

Highlights of Union Budget 2021-22

Highlights of Union Budget 2021-22

Rediff.com1 Feb 2021

Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.

Higher petrol, diesel consumption can help govt cut fuel cess: ICRA

Higher petrol, diesel consumption can help govt cut fuel cess: ICRA

Rediff.com25 Jun 2021

A rise in petrol and diesel consumption can help the government cut cesses on the fuels by Rs 4.5 a litre without impacting revenue collections of FY21, and help cool off the pressure on inflation, domestic rating agency ICRA said on Friday. Petrol consumption is estimated to increase 14 per cent in 2021-22 and diesel by 10 per cent on the lower base, rise in mobility and economic recovery, ICRA said. The rating agency added that it will result in an additional Rs 40,000 crore in revenue for the government through higher collections of the cess.

Wealth of 100 richest Indians grew by Rs 12,97,822 cr during Covid: Oxfam

Wealth of 100 richest Indians grew by Rs 12,97,822 cr during Covid: Oxfam

Rediff.com25 Jan 2021

India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.

Bayern Munich chief Hoeness quits, accepts jail term for tax evasion

Bayern Munich chief Hoeness quits, accepts jail term for tax evasion

Rediff.com14 Mar 2014

Uli Hoeness said on Friday he would accept a 3-1/2-year prison term for evading 27 million euros in taxes and resigned as president and chairman of Bayern Munich, the club he made into one of the world's most successful football dynasties.

Jan Dhan account deposits cross Rs 1 lakh cr

Jan Dhan account deposits cross Rs 1 lakh cr

Rediff.com10 Jul 2019

As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,00,495.94 crore as on July 3.

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Rediff.com17 Mar 2022

Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.

It will take India 600 days to vaccinate 1 billion people

It will take India 600 days to vaccinate 1 billion people

Rediff.com15 Apr 2021

The data gaps are inhibiting sound decisions. We need to know seroprevalence, infection, and vaccination rates. This is required in 200 cities of India, every week, suggests Ajay Shah.

Prices of subsidised LPG zoom 16% since Modi took charge

Prices of subsidised LPG zoom 16% since Modi took charge

Rediff.com4 Aug 2017

Global crude oil prices have slumped by 49 per cent during the same period

Must-read! A handy guide to working with millennials

Must-read! A handy guide to working with millennials

Rediff.com19 Oct 2018

The age of buying into ideologies just because they sound nice is long gone says Piyush Kedia.

Kerala floods: Despite the devastation, insurers face only Rs 1,000 cr claims

Kerala floods: Despite the devastation, insurers face only Rs 1,000 cr claims

Rediff.com29 Aug 2018

After the Chennai floods, insurance companies had got 50,000 claims worth Rs 4,800 crore.

World Bank sees India growing at 8.3% in 2021

World Bank sees India growing at 8.3% in 2021

Rediff.com8 Jun 2021

The World Bank on Tuesday projected India's economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is being hampered by an unprecedented second wave of the COVID-19, the largest outbreak in the world since the beginning of the deadly pandemic. The Washington-based global lender, in its latest issue of Global Economic Prospects released here, noted that in India, an enormous second COVID-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of Fiscal Year 2020/21, especially in services.

Banks in talks with temple trusts to push gold scheme

Banks in talks with temple trusts to push gold scheme

Rediff.com3 Dec 2015

Banks in talks with temple trusts to push gold scheme

The single woman's investment guide

The single woman's investment guide

Rediff.com2 Mar 2020

Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.

Budget evokes mixed reactions from market experts

Budget evokes mixed reactions from market experts

Rediff.com2 Mar 2013

Some term it as "good for capital market", while others saying it is not "market friendly".

Buying insurance cover: Do women matter?

Buying insurance cover: Do women matter?

Rediff.com3 Nov 2017

There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports

US Fed likely to hike rates: How should India cope?

US Fed likely to hike rates: How should India cope?

Rediff.com15 Sep 2015

All evidence suggests that the US Federal Reserve will raise interest rates soon.

Why dominant castes want 'backward' status

Why dominant castes want 'backward' status

Rediff.com29 Oct 2015

Ground surveys have found that several members of the dominant castes are in economic conditions quite similar to that of peer communities with the advantage of quotas.

Black swimmers still under-represented in the pool

Black swimmers still under-represented in the pool

Rediff.com15 Jul 2021

When it comes to diversity, swimming has a way to go.

Angus Deaton wins Nobel Prize for economics

Angus Deaton wins Nobel Prize for economics

Rediff.com13 Oct 2015

Deaton was at a loss when asked what the future held.

116 ex-babus urge PM to provide free vaccination to all citizens

116 ex-babus urge PM to provide free vaccination to all citizens

Rediff.com21 May 2021

The central government should provide for free vaccination to all Indian citizens and greatly ramp up RT-PCR testing in both rural and urban areas, a group of former civil servants said on Thursday in an open letter to Prime Minister Narendra Modi.

How India can address the Great Slowdown

How India can address the Great Slowdown

Rediff.com2 Jan 2020

'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.

Panel slams govt on uniform cap on subsidised LPG

Panel slams govt on uniform cap on subsidised LPG

Rediff.com12 Dec 2012

A Parliamentary Panel has "deplored" the government for capping the supply of subsidized LPG to 6 cylinders per households, saying that such restrictions should not be placed on people having income below a threshold.

Naveen Patnaik will be Odisha CM for Life

Naveen Patnaik will be Odisha CM for Life

Rediff.com19 Aug 2021

Because he knows Odisha; and Odisha knows him, observes Aditi Phadnis.

How insurance literate are you?

How insurance literate are you?

Rediff.com22 Nov 2006

Indian families have to become more insurance literate to manage risks

New inflation index to impact DA, 30 mn govt staff to get more pay

New inflation index to impact DA, 30 mn govt staff to get more pay

Rediff.com16 Oct 2020

However, the hike in salary for government officials may take some time as the Centre had earlier this year decided to put a freeze on any hike in the DA of its employees till July, 2021, owing to the Covid-19 pandemic.

ITC adopting disruptive business models as part of strategy reset

ITC adopting disruptive business models as part of strategy reset

Rediff.com11 Aug 2021

ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.

How to Fight Slowdown: Demand Revival Is Key

How to Fight Slowdown: Demand Revival Is Key

Rediff.com20 Jan 2020

'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.

Banks, NBFCs are India's new m-cap kings

Banks, NBFCs are India's new m-cap kings

Rediff.com28 Sep 2017

'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'

Want advice on your insurance worries? Send your questions

Want advice on your insurance worries? Send your questions

Rediff.com10 Sep 2019

Here's how you can make buying insurance the cakewalk that it is, says Anit Jain

'Govt must not throw away money to corporates'

'Govt must not throw away money to corporates'

Rediff.com25 Sep 2019

'You can't take money from Shaktikanta Das (the RBI governor) and give it to Nirmala Sitharaman (the Union finance minister). She will blow it away on Modi.'

Long road ahead for consumer durable firms

Long road ahead for consumer durable firms

Rediff.com16 Sep 2020

Analysts expect firms to shift focus to online platforms to boost sales in these Covid-19-impacted times.

The Magic of Katha

The Magic of Katha

Rediff.com8 Nov 2019

'If we're able to make a child laugh or feel happy to come to school, more than half the battle is won,' Katha Founder Geeta Dharmarajan tells Geetanjali Krishna.

How India can get back on high growth path

How India can get back on high growth path

Rediff.com25 Oct 2019

'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.

2022 promises to be a year of mega surprises

2022 promises to be a year of mega surprises

Rediff.com4 Dec 2017

Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.

A year after, Jet Air's lenders, employees still await payments

A year after, Jet Air's lenders, employees still await payments

Rediff.com17 Apr 2020

Though NCLT has extended window to find a buyer, bankers don't see much hope of a deal.

Want to buy a home? Shift to a less costly city

Want to buy a home? Shift to a less costly city

Rediff.com13 Aug 2009

A study of households with an annual income of Rs 3 lakh (Rs 300,000) to Rs 10 lakh (Rs 1 million) in seven cities shows substantial variations in the type of houses they can afford to buy.

What is the logic behind Andhra Pradesh division

What is the logic behind Andhra Pradesh division

Rediff.com19 Feb 2014

Is Hyderabad the reason Telangana wants separation from Andhra Pradesh? Or has perceived backwardness of the Telangana region fuelled demand for a separate state? Mayank Mishra reports