News for 'IT SHOULD BE MINIMUM 1 LAKH'

BJP MLA in UP gets 25-year jail for raping minor, faces disqualification

BJP MLA in UP gets 25-year jail for raping minor, faces disqualification

Rediff.com15 Dec 2023

Ahsan Ullah Khan, the additional district and session judge of the MP-MLA court in Sonbhadra, also imposed a fine of Rs 10 lakh on Gond which would be used in the rape survivor's rehabilitation.

Forcing children below 3 years to attend preschool an illegal act: Gujarat HC

Forcing children below 3 years to attend preschool an illegal act: Gujarat HC

Rediff.com5 Sep 2023

A group of parents of children who did not complete six years as on June 1, 2023 sought to challenge the state government's notification dated January 31, 2020 prescribing the age limit for admission to Class 1 in the academic year 2023-24.

Haryana farmers heading towards Punjab tear-gassed, clash with cops

Haryana farmers heading towards Punjab tear-gassed, clash with cops

Rediff.com23 Feb 2024

Police on Friday used tear gas to disperse Haryana farmers heading towards Khanauri on Punjab's border with the state where farmers, mostly from Punjab, have been camping since last week after their 'Delhi Chalo' march was halted by security forces.

Bill in LS to check paper leak in govt exams proposes Rs 1 cr fine

Bill in LS to check paper leak in govt exams proposes Rs 1 cr fine

Rediff.com5 Feb 2024

At present, there is no specific substantive law to deal with unfair means adopted or offences committed by various entities involved in the conduct of public examinations by the central government and its agencies.

Punjab's Water Woes And Stubble Burning

Punjab's Water Woes And Stubble Burning

Rediff.com26 Oct 2023

Irrigation woes have contributed to the problem of stubble burning in the state, reports Sarthak Choudhury.

'Ok to reduce insurance due to premium?'

'Ok to reduce insurance due to premium?'

Rediff.com29 Nov 2022

Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.

Women's Premier League: 409 players to go under hammer

Women's Premier League: 409 players to go under hammer

Rediff.com7 Feb 2023

Out of 409 players, 246 are Indians and 163 are overseas of which eight are from the associate nations.

India becoming world's 5th largest economy is no ordinary feat: Modi

India becoming world's 5th largest economy is no ordinary feat: Modi

Rediff.com8 Sep 2022

Prime Minister Narendra Modi on Thursday said India has become the fifth largest economy in the world and this is not an ordinary achievement. "Every Indian is feeling proud of it. We need to maintain this enthusiasm," Modi said. He was virtually addressing beneficiaries of various government schemes and those present at a mega medical camp organised in Olpad area of Surat city in Gujarat, where the Assembly polls are due later this year.

Punjab farmers' 'rail roko' ends, 600 trains affected

Punjab farmers' 'rail roko' ends, 600 trains affected

Rediff.com30 Sep 2023

Farmers on Saturday evening ended their three-day 'rail roko' stir that hit the movement of trains, causing inconvenience to passengers in Punjab and Haryana.

PPF: Why Timing Is Important

PPF: Why Timing Is Important

Rediff.com14 Apr 2022

While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.

Mumbai Indians fined for slow over rate against Punjab

Mumbai Indians fined for slow over rate against Punjab

Rediff.com14 Apr 2022

Mumbai Indians were fined for maintaining a slow over rate during their IPL 2022 match against Punjab Kings at the MCA International Stadium in Pune on Wednesday.

What Are Multi-Asset Allocation Funds?

What Are Multi-Asset Allocation Funds?

Rediff.com21 Feb 2024

Since MAAFs invest across multiple asset classes, they offer diversification.

Bharat Rice to be sold at Rs 29/kg in retail market from next week

Bharat Rice to be sold at Rs 29/kg in retail market from next week

Rediff.com2 Feb 2024

The Centre on Friday said it will sell 'Bharat Rice' in the retail market at Rs 29 per kg from next week to give relief to the common man and has also directed traders to disclose rice/paddy stock, as part of its efforts to control prices that have risen by around 15 per cent in the last one year. In a press conference, Union Food Secretary Sanjeev Chopra exuded confidence that these two measures along with the various restrictions of exports will help in cooling down the prices. Seeking to dispel market rumours, he categorically said the government has no plans to lift restrictions on rice exports any time soon.

IPL: Williamson fined for SRH's slow over-rate

IPL: Williamson fined for SRH's slow over-rate

Rediff.com30 Mar 2022

Sunrisers went down to Rajasthan Royals by 61 runs in a one-sided game played at the MCA stadium in Pune on Tuesday.

Self-Employed? How To Get Term Insurance?

Self-Employed? How To Get Term Insurance?

Rediff.com13 Feb 2024

A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.

RBI fines Axis, IDBI Bank for various violations

RBI fines Axis, IDBI Bank for various violations

Rediff.com8 Apr 2022

Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines. The central bank has also slapped a fine of Rs 90 lakh on IDBI Bank. A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for non-compliance of certain directions issued by RBI, the regulator said in a release.

How Family Can Help You Save Taxes

How Family Can Help You Save Taxes

Rediff.com20 Apr 2023

Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?

Govt approves 100% DA, Rs 1,000 minimum monthly pension

Govt approves 100% DA, Rs 1,000 minimum monthly pension

Rediff.com28 Feb 2014

The move will benefit 50 lakh (5 million) employees and 30 lakh (3 million) pensioners.

'Govt wakes up only when you come on the roads'

'Govt wakes up only when you come on the roads'

Rediff.com22 Feb 2024

'Had they agreed to our demands that we raised two years ago, we would have never started our agitation again.'

Now, Hyundai plans car for Rs 1.2 lakh

Now, Hyundai plans car for Rs 1.2 lakh

Rediff.com19 Oct 2007

Terming as "impossible" the Rs 1 lakh car that Tatas propose to roll out, particularly on safety aspects, Hyundai on Friday said it would like to bring an entry level car with a minimum price tag of $3000 like the one Renault is planning.

Fight for justice proving an expensive affair for wrestlers

Fight for justice proving an expensive affair for wrestlers

Rediff.com28 Apr 2023

'We will buy coolers if the need arises. It's very hot out there. We had brought Rs two lakh cash with us but have already spent about 5-6 lakh rupees so far.'

Festive bonanza: SBI, HDFC offer home loans at 8.40%

Festive bonanza: SBI, HDFC offer home loans at 8.40%

Rediff.com12 Oct 2022

Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 per cent as part of their festive offerings. SBI in a statement said that its home loan book has topped the Rs 6 lakh crore mark, a first in the industry. The leading lender said it is offering up to 25 bps discount on interest rate to new home loan borrowers, making the entry level rate at 8.40 per cent and the offer will run up to January 31, 2023.

'You can't compare Modi and Dr Singh'

'You can't compare Modi and Dr Singh'

Rediff.com21 Feb 2024

'The sense of Constitutional propriety and political morality seems to be vanishing fast.' 'There are many things in today's politics of governance which Manmohan Singh would have never dreamt of saying or doing.'

Ford India offers final severance package for Chennai unit employees

Ford India offers final severance package for Chennai unit employees

Rediff.com6 Sep 2022

Ford India has offered a "final revised severance package" for its employees at the Chennai unit, which is on average equivalent to 130 days of gross wages per completed year of service. The company said this was rolled out in the absence of any suitable alternative buyer. As part of the earlier package, employees were offered 115 days of gross wages for each completed year of service, which was later revised to 124 days.

Major achievement that no life was lost during cyclone: Shah

Major achievement that no life was lost during cyclone: Shah

Rediff.com17 Jun 2023

Electricity will be restored in affected areas by June 20, he said, talking to reporters in Bhuj, the headquarters of the Kutch district which bore the brunt of the cyclone.

'No one knows who funds the BJP'

'No one knows who funds the BJP'

Rediff.com16 Feb 2024

'Who has given how much money to which party, the people of India must know this fact.'

Rs 18,000 to Rs 2.5 lakh: Govt notifies pay hike for staff

Rs 18,000 to Rs 2.5 lakh: Govt notifies pay hike for staff

Rediff.com26 Jul 2016

There shall be two dates for grant of increment - January 1 and July 1 every year - instead of the existing July 1 only.

Onion output to hit record high of 203 lakh tonnes in 2015-16

Onion output to hit record high of 203 lakh tonnes in 2015-16

Rediff.com17 Apr 2016

Onion output dropped to 189.2 lakh tonnes in 2014-15 crop year due to poor rains

IPL 2022: Delhi Capitals fined for slow over-rate against LSG

IPL 2022: Delhi Capitals fined for slow over-rate against LSG

Rediff.com8 Apr 2022

Delhi Capitals were fined for maintaining a slow over-rate during their six-wicket defeat against Lucknow Super Giants at the DY Patil Stadium in Navi Mumbai on Thursday.

How the wealth of India's richest can make a difference

How the wealth of India's richest can make a difference

Rediff.com16 Jan 2023

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday. Releasing the India supplement of its annual inequality report on the first day of the World Economic Forum Annual Meeting in Davos, rights group Oxfam International said that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school. "A one-off tax on unrealized gains from 2017-2021 on just one billionaire, Gautam Adani, could have raised Rs 1.79 lakh crore, enough to employ more than five million Indian primary school teachers for a year," it added.

Looking For Guaranteed Long-Term Returns?

Looking For Guaranteed Long-Term Returns?

Rediff.com8 Dec 2023

These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.

Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes

Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes

Rediff.com2 Sep 2023

When billionaire Warren Buffet started his first fund in 1956 with eleven investors, he invested a token amount of $100 of his own money as "skin in the game". Buffet denies it but he is credited with coming up with the term describing those running a fund risk some of their own money in it. The mutual fund (MF) industry has more than Rs 81,200 crore riding on its schemes, shows a Business Standard analysis of data on sponsor and associate contributions from the Association of Mutual Funds in India (Amfi).

India's richest 1% own more than 40% of total wealth: Oxfam

India's richest 1% own more than 40% of total wealth: Oxfam

Rediff.com16 Jan 2023

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday.

How must govt use RBI's Rs 1.76 lakh crore

How must govt use RBI's Rs 1.76 lakh crore

Rediff.com30 Aug 2019

'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'

'Minimum government, maximum governance' in public sector banks

'Minimum government, maximum governance' in public sector banks

Rediff.com27 Aug 2014

The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.

'Family first, nation nothing': Modi's scathing attack on Oppn meet

'Family first, nation nothing': Modi's scathing attack on Oppn meet

Rediff.com18 Jul 2023

"They (opposition parties) are not concerned about the development of the children of the country's poor. Their common minimum programme is to increase corruption for their family. Democracy means 'of the people, by the people, for the people'. But these dynastic parties have the mantra of 'of the family, by the family, for the family'. For them, their family is first, and the nation is nothing," he said.

Adani bags Dharavi redevelopment project with Rs 5069 cr bid

Adani bags Dharavi redevelopment project with Rs 5069 cr bid

Rediff.com29 Nov 2022

The group has put in a Rs 5,069 crore bid for the redevelopment of one of the largest slum sprawls in the world, outbidding DLF, which had quoted Rs 2,025 crore, chief executive officer of the project S V R Srinivas said.

Will Phase 6 Stun BJP?

Will Phase 6 Stun BJP?

Rediff.com28 May 2024

In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.

Railways sacked 1 'non-performer' every 3 days since July 2021

Railways sacked 1 'non-performer' every 3 days since July 2021

Rediff.com24 Nov 2022

Ashwini Vaishnaw has repeatedly warned officials "to take VRS and sit at home" if they did not perform.

Reforms can generate 8 lakh jobs: World Bank

Reforms can generate 8 lakh jobs: World Bank

Rediff.com18 Jun 2007

Making a case for India to relax labour laws, World Bank has said such a move can generate more than eight lakh regular jobs in the manufacturing sector.