News for 'IT SHOULD BE MINIMUM 1 LAKH'

Odisha Gives MLAs A 200% Pay Hike

Odisha Gives MLAs A 200% Pay Hike

Rediff.com23 Dec 2025

In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).

Govt removes minimum export price on onion

Govt removes minimum export price on onion

Rediff.com13 Sep 2024

The government on Friday scrapped a minimum price threshold that it had set previously for exports of onion as it looked to pass on the benefit of international glut to Indian farmers. The government had previously fixed a $550 per tonne as the minimum export price (MEP), which essentially meant farmers could not sell their produce overseas at lower than this rate.

Gujarat Titans win but Shubman Gill fined Rs 12 lakh

Gujarat Titans win but Shubman Gill fined Rs 12 lakh

Rediff.com20 Apr 2025

Gujarat Titans captain Shubman Gill was fined Rs 12 lakh after his side maintained a slow over-rate during their seven-wicket win over Delhi Capitals.

Under 40 Founders Power Rs 31 Trillion

Under 40 Founders Power Rs 31 Trillion

Rediff.com30 Jan 2026

Interestingly, with 83 per cent of entrepreneurs being first-generation founders, the list reflects India's growing spirit of entrepreneurship and leadership.

Rs 24 lakh shock for Samson... here's why

Rs 24 lakh shock for Samson... here's why

Rediff.com10 Apr 2025

Rajasthan Royals skipper Sanju Samson has been fined Rs 24 lakh after his team maintained a slow over-rate during their match against Gujarat Titans in the Indian Premier League.

Shreyas Iyer fined Rs 12 lakh for slow over-rate vs CSK

Shreyas Iyer fined Rs 12 lakh for slow over-rate vs CSK

Rediff.com1 May 2025

"As this was his team's first offence of the season, under Article 2.22 of the IPL Code of Conduct, which pertains to minimum over-rate offences, Shreyas Iyer was fined Rs 12 Lakh," read an IPL media advisory on Thursday.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

Irdai proposes internal ombudsman to address claims up to Rs 50 lakh

Irdai proposes internal ombudsman to address claims up to Rs 50 lakh

Rediff.com24 Jul 2025

The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints. The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.

SC fines 10 Raj dental colleges Rs 10 cr each over admission breaches

SC fines 10 Raj dental colleges Rs 10 cr each over admission breaches

Rediff.com20 Dec 2025

The Supreme Court of India has imposed a fine of Rs 10 crore each on 10 private dental colleges in Rajasthan for irregularities in admissions, citing blatant illegality and willful violation of rules. The court also directed the state government to deposit Rs 10 lakh for failing to adhere to legal procedures.

Centre launches Rs 4,531 cr mkt access support scheme

Centre launches Rs 4,531 cr mkt access support scheme

Rediff.com1 Jan 2026

The government on Wednesday launched Rs 4,531 crore market access support (MAS) intervention scheme for a six-year period (FY26-31) to improve global reach, visibility and competitiveness of Indian exporters through 'structured and outcome-oriented' interventions.

'Can EPF+SIP Sustain Me Till 75?'

'Can EPF+SIP Sustain Me Till 75?'

Rediff.com10 Dec 2025

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

Time To Raise Health Insurance Cover

Time To Raise Health Insurance Cover

Rediff.com17 Nov 2025

'Buy early and review the sum insured regularly.'
'Combining individual or family policies with corporate cover, along with top-ups and wellness programmes, can help maintain strong health protection throughout life.'

Why patience matters more than timing for multibagger stocks

Why patience matters more than timing for multibagger stocks

Rediff.com27 Jan 2026

When it comes to multibagger stocks, patience trumps market timing. Investors who stay invested in fundamentally strong stocks build wealth in the long term, and investors who wait for perfect entry points usually end up confused, late, or out of the market. Here, we will explore the role of patience in multibagger stock investments.

How EPF Protects Your Family After You

How EPF Protects Your Family After You

Rediff.com10 Dec 2025

EPF doesn't just build your retirement fund -- it also provides free life insurance up to Rs 7 lakh under the EDLI scheme.

Forced to Buy Home Loan Insurance? Know Your Rights

Forced to Buy Home Loan Insurance? Know Your Rights

Rediff.com4 Feb 2026

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Uddhav Sena-MNS manifesto promises free power, allowance for domestic helps

Uddhav Sena-MNS manifesto promises free power, allowance for domestic helps

Rediff.com4 Jan 2026

Shiv Sena (UBT) and MNS release a joint manifesto for Mumbai civic polls, promising free power, allowances for domestic helps, and property tax waivers.

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

NDA promises jobs to 1 cr youth, Rs 2000 for SC students

NDA promises jobs to 1 cr youth, Rs 2000 for SC students

Rediff.com31 Oct 2025

The NDA released its manifesto for the Bihar assembly polls, promising jobs, infrastructure development, and social welfare programs.

Pandya fined Rs 12 lakh for MI's slow over-rate vs GT

Pandya fined Rs 12 lakh for MI's slow over-rate vs GT

Rediff.com30 Mar 2025

Skipper Hardik Pandya was fined Rs 12 lakh for Mumbai Indians's slow over-rate in the Indian Premier League match against Gujarat Titans in Ahmedabad on Saturday.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

Anti-graft body Lokpal wants 7 BMWs worth Rs 5 cr

Anti-graft body Lokpal wants 7 BMWs worth Rs 5 cr

Rediff.com21 Oct 2025

The Lokpal, India's anti-corruption ombudsman, has issued a tender for the procurement of seven BMW 3 Series 330Li cars, estimated to cost around Rs 5 crore.

'Want To Retire At 47 With 5 Cr'

'Want To Retire At 47 With 5 Cr'

Rediff.com22 Oct 2025

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

Rs 50K Scholarship For BTech, Medical Students

Rs 50K Scholarship For BTech, Medical Students

Rediff.com26 Sep 2025

Selected candidates will receive financial assistance of up to Rs 50,000 per year to cover tuition fees, academic materials and other essential educational expenses.

Weaker Rupee: Plan Overseas Goals

Weaker Rupee: Plan Overseas Goals

Rediff.com26 Dec 2025

Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.

Wedding Planning Hacks From A Bride-To-Be

Wedding Planning Hacks From A Bride-To-Be

Rediff.com1 Dec 2025

Weddings today are not just events, they are full-blown productions. Between Instagram aesthetics, Pinterest pressure, relatives with opinions and budgets that magically stretch themselves, brides often find themselves overwhelmed long before the pheras begin.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.

How To Get An MBA From IIT Madras

How To Get An MBA From IIT Madras

Rediff.com12 Sep 2025

The two-year executive MBA degree programme is aimed at providing mid-career working professionals with functional and integrative perspective to imbibe contemporary management knowledge to lead a modern business organization.

Siddaramaiah reveals why he met Modi in Delhi

Siddaramaiah reveals why he met Modi in Delhi

Rediff.com18 Nov 2025

Karnataka Chief Minister Siddaramaiah met Prime Minister Narendra Modi and insisted on demands pertaining to the state, including on Fair Recovery Price of sugarcane, All India Institute of Medical Sciences for Raichur, the release of flood relief among others.

Retail Investors Hit 17-Year High In Equity Options

Retail Investors Hit 17-Year High In Equity Options

Rediff.com25 Nov 2025

They accounted for 39.1 per cent of the premium paid to trade equity options in September 2025.

World's Top Schools Set Sights On India

World's Top Schools Set Sights On India

Rediff.com3 Nov 2025

In the academic year 2024-2025, the IB had 258 authorised schools in India, up from 183 schools in 2019.

'RJD-Cong Will Win 160-170 Seats'

'RJD-Cong Will Win 160-170 Seats'

Rediff.com13 Nov 2025

'When maximum voter participation occurs, they do not vote to re-elect the incumbent government. They vote to change it.' 'How can anyone credibly suggest that crores of young voters -- particularly the unemployed youth -- would vote to re-elect an existing government that has demonstrably failed them?'

Entrance Exams After Class 12 In 2026

Entrance Exams After Class 12 In 2026

Rediff.com16 Dec 2025

Nayagam PP, founder of Edujob360, offers a list of the top entrance exams, their timelines, eligibility criteria, exam patterns and preparation strategies to help you plan the year ahead.

Get ready to pay more for Uber, Ola during peak hours

Get ready to pay more for Uber, Ola during peak hours

Rediff.com2 Jul 2025

The road transport ministry has allowed cab aggregators to charge up to two times the base fare during peak hours, as against 1.5 times earlier, while for non-peak hours the fare has to be a minimum of 50 per cent of the base fare.

HC directs Air India to pay Rs 35,000 to passenger over hair in food

HC directs Air India to pay Rs 35,000 to passenger over hair in food

Rediff.com18 Oct 2025

The Madras High Court has directed Air India to pay Rs 35,000 to a passenger who suffered health complications after consuming food containing hair on a flight. The court partly allowed Air India's appeal against a lower court's order for a larger compensation.

Patidar, Cummins fined for slow over-rate in RCB-SRH tie

Patidar, Cummins fined for slow over-rate in RCB-SRH tie

Rediff.com24 May 2025

While Cummins was fined Rs 12 lakh, as it was his team's first offence of the season under the IPL's Code of Conduct, Patidar was docked Rs 24 lakh as a member of the playing eleven of the second-time offender, RCB.

SIPs To Retirement Plan: Money Qs Answered

SIPs To Retirement Plan: Money Qs Answered

Rediff.com2 Sep 2025

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

'I'm In A Debt Trap. Help!'

'I'm In A Debt Trap. Help!'

Rediff.com17 Sep 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Minimum wage revision will benefit 70 lakh workers: Dattatreya

Minimum wage revision will benefit 70 lakh workers: Dattatreya

Rediff.com16 Sep 2016

The government has also revised the minimum wages for unskilled non-farm workers upwards by 42 per cent to Rs 350 per day

Blue and grey-collar salaries in India rise 23% in two years

Blue and grey-collar salaries in India rise 23% in two years

Rediff.com30 Sep 2025

The salaries of India's blue- and grey-collar workforce have increased by 23 per cent over the past two years, reflecting the growing demand and opportunities for the skilled workforce, a report said on Tuesday.