News for 'IT SHOULD BE MINIMUM 1 LAKH'

NCDEX all set to relaunch groundnut futures after more than 13 years

NCDEX all set to relaunch groundnut futures after more than 13 years

Rediff.com19 Jun 2023

After a gap of more than 13 years, the National Commodity and Derivatives Exchange (NCDEX) is all set to launch a futures contract in groundnut (in shell) to fill a void in oilseeds complex futures because of a ban in several high-volume commodities.

ICC World Cup final: PIX: It's a sea of blue at Motera

ICC World Cup final: PIX: It's a sea of blue at Motera

Rediff.com19 Nov 2023

Fans wearing the India jersey, carrying the Indian flag, laughing, joking and anticipating an India win are moving towards the Narendra Modi stadium. There are families, friends, children, adults, teenagers, middle aged and the senior citizen who have all painted the city blue.

In a first, Sebi mulls rules for fractional ownership in real estate

In a first, Sebi mulls rules for fractional ownership in real estate

Rediff.com22 May 2023

The Securities and Exchange Board of India (Sebi) has for the first time proposed to regulate online platforms offering fractional ownership in real estate, a model already popular in countries like the United States and UAE. In a consultation paper floated recently, the capital markets regulator stated that such fractional ownership of real estate assets was proposed to be brought as MSM (micro, small, medium) REITs under Sebi (Real Estate Investment Trusts) Regulations. This model allows investors to own a fraction or a small share in a real estate asset like buildings and office spaces, which could include warehouses, shopping centres, conference centres.

Rajasthan Royals fined for slow-over rate against Delhi

Rajasthan Royals fined for slow-over rate against Delhi

Rediff.com25 Sep 2021

Rajasthan Royals skipper Sanju Samson and his teammates have been fined for maintaining a slow over rate during their 33-run loss to Delhi Capitals.

Govt revises pensions under OROP effective from July 1, 2019

Govt revises pensions under OROP effective from July 1, 2019

Rediff.com23 Dec 2022

The decision taken at a meeting of the Union Cabinet presided over by Prime Minister Narendra Modi will result in an additional annual expenditure of Rs 8,450 crore, according to the defence ministry.

Telangana Polls: KCR's Affinity With Freebies

Telangana Polls: KCR's Affinity With Freebies

Rediff.com13 Nov 2023

The situation raises concerns about whether the promised freebies will once again push the state into a revenue deficit.

Farmers' mahapanchayat in Delhi on Monday; security beefed up

Farmers' mahapanchayat in Delhi on Monday; security beefed up

Rediff.com19 Mar 2023

The 'kisan mahapanchayat' will be held to press for a legal guarantee on the minimum support price, the SKM, an umbrella body of farmers' union, had said last month.

SC to hear PIL on states checking lynching of Muslims

SC to hear PIL on states checking lynching of Muslims

Rediff.com28 Jul 2023

The Supreme Court on Friday agreed to hear a plea filed by a women's organisation seeking directions to states to take immediate action in consonance with a 2018 verdict of the apex court to effectively deal with incidents of lynching and mob violence against Muslims by cow vigilantes.

MF Guru: 'Want Rs 50L for my child's education'

MF Guru: 'Want Rs 50L for my child's education'

Rediff.com21 Aug 2023

rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.

Swavalamban pension plan targets 80 lakh subscribers by FY15

Swavalamban pension plan targets 80 lakh subscribers by FY15

Rediff.com18 Sep 2014

Right now there are about 30 lakh (3 million) subscribers under the Swavalamban scheme.

IPL: Samson fined for slow over rate

IPL: Samson fined for slow over rate

Rediff.com22 Sep 2021

Rajasthan Royals captain Sanju Samson has been fined Rs 12 lakh for his side's slow over rate during their two-run win over Punjab Kings in an Indian Premier League match.

Maha farmer urges PM to ensure MSP, kills self over onion price crash

Maha farmer urges PM to ensure MSP, kills self over onion price crash

Rediff.com20 Sep 2022

The suicide note also stated about "foul language" used by people associated with a cooperative society and threat by lenders (finance firms), a police officer said on Monday.

Modi wins Vadodara LS seat by over 5.70 lakh votes

Modi wins Vadodara LS seat by over 5.70 lakh votes

Rediff.com16 May 2014

BJP's prime ministerial candidate Narendra Modi on Friday won Vadodara Lok Sabha seat by a margin of 5,70,128 votes.

Govt proposes host of incentives to revamp Special Economic Zones

Govt proposes host of incentives to revamp Special Economic Zones

Rediff.com14 Aug 2022

The commerce ministry is proposing a host of direct and indirect incentives such as deferral of import duties and exemption from export taxes to revamp Special Economic Zones through a new legislation, an official said. In the Union Budget this year, the government proposed to replace the existing law governing Special Economic Zones (SEZs) with a new legislation to enable states to become partners in 'Development of Enterprise and Service Hubs' (DESH). The official said the commerce ministry has sought views of different ministries, including finance, on the new bill.

Need a scholarship to complete your science degree?

Need a scholarship to complete your science degree?

Rediff.com7 Oct 2022

The deadline to apply for the L'Oral India's For Young Women in Science scholarship programme is October 16, 2022.

As AIFs rise in popularity, PMS industry feels the heat

As AIFs rise in popularity, PMS industry feels the heat

Rediff.com12 Jul 2023

Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.

Proposal to make 6 airbags mandatory in cars deferred by a year to October '23

Proposal to make 6 airbags mandatory in cars deferred by a year to October '23

Rediff.com29 Sep 2022

The government has deferred the implementation of the proposal to make six airbags mandatory in passenger cars by one year to October 1, 2023, Road Transport and Highways Minister Nitin Gadkari said on Thursday. The government had earlier planned to make six airbags mandatory in eight-seater vehicles for enhanced safety of occupants from October 1, 2022. "Considering the global supply chain constraints being faced by the auto industry and its impact on the macroeconomic scenario, it has been decided to implement the proposal mandating a minimum of 6 Airbags in Passenger Cars (M-1 Category) w.e.f 01st October 2023," Gadkari said in a tweet.

India used to depend on others, but now...: President Murmu

India used to depend on others, but now...: President Murmu

Rediff.com31 Jan 2023

In her first address to the joint sitting of Parliament as the Budget session began, she said 'Amrit Kaal', described by the government as the 25-year period culminating in the centenary of India's independence, is the time to build an India which is 'aatmanirbhar' (self reliant) and also fulfils its humanitarian obligations.

On Biden's roadmap: Citizenship to 5 lakh Indians, 'Muslim ban' to go

On Biden's roadmap: Citizenship to 5 lakh Indians, 'Muslim ban' to go

Rediff.com8 Nov 2020

US President-elect Joe Biden will work towards providing a roadmap to American citizenship for nearly 11 million undocumented immigrants, including over 500,000 from India, and will also establish a minimum admission number of 95,000 refugees annually.

'A TDS refund is only possible by way of...'

'A TDS refund is only possible by way of...'

Rediff.com18 Jan 2023

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

AI to pay Rs 75 lakh each to M'lore crash victims

AI to pay Rs 75 lakh each to M'lore crash victims

Rediff.com20 Jul 2011

The families of victims of the Air India Express crash in Mangalore last year are entitled to a minimum compensation of Rs 75 lakh each, the Kerala high court held on Wednesday.

Budget 2022: Industry bodies urge govt to reduce tax burden

Budget 2022: Industry bodies urge govt to reduce tax burden

Rediff.com13 Dec 2021

Engineering Export Promotion Council (EEPC) of India has urged the Centre to extend lower corporate tax benefit to Limited Liability Partnerships (LLPs) and proprietary firms as it would make funds available with MSMEs and boost private investment cycle. A body of direct tax professionals also sought for reduction of tax burden on individuals and requested the government to raise the income tax exemption limit at Rs 2.5 lakh to Rs 4 lakh per annum in the upcoming budget for 2022-23 fiscal. EEPC India chairman Mahesh Desai claimed around 84 per cent of small businesses are being denied the benefit of lower corporate tax which was aimed at providing industrial units with more investible surplus.

Investing In ETFs? 7 Things You Must Know

Investing In ETFs? 7 Things You Must Know

Rediff.com4 Sep 2023

Dwaipayan Bose examines the seven important factors that investors about exchange traded funds must know before they start investing/trading in them.

Exports from SEZ up by 31% to Rs 4.76 lakh crore

Exports from SEZ up by 31% to Rs 4.76 lakh crore

Rediff.com28 Jun 2013

Out of 389 SEZs notified, 170 are operational, Export Promotion Council for export-oriented units and special economic zones (EPCES) said in a statement.

Cabinet approves Rs 5.66 lakh cr mega spectrum auction plan

Cabinet approves Rs 5.66 lakh cr mega spectrum auction plan

Rediff.com22 Jun 2016

The auction will help operators augment expansion of high-speed 4G voice and data services in the world's second largest mobile phone market.

Laloo to cost only Rs 1.21 lakh

Laloo to cost only Rs 1.21 lakh

Rediff.com19 Oct 2003

RJD leaders will now have to hand over a minimum of Rs 1.21 lakh towards the party fund if they want him to attend programmes they organise.

IPL: KKR fined for slow-over rate against Mumbai Indians

IPL: KKR fined for slow-over rate against Mumbai Indians

Rediff.com24 Sep 2021

Kolkata Knight Riders have been fined for maintaining a slow-over rate during their seven-wicket win against Mumbai Indians in the Indian Premier League match in Abu Dhabi on Thursday.

Will Jobs Be An Electoral Issue In State Polls?

Will Jobs Be An Electoral Issue In State Polls?

Rediff.com5 Oct 2023

Youth unemployment (ages 15 to 29) is higher than the national average of 12.4 per cent in Telangana (14.2 per cent) and Rajasthan (13 per cent), followed by Chhattisgarh (6.7 per cent) and MP (6 per cent).

'How can SIPs help me pay my loans?'

'How can SIPs help me pay my loans?'

Rediff.com17 Nov 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.

Mumbai airport switches to green energy sources

Mumbai airport switches to green energy sources

Rediff.com10 Oct 2022

Adani group-AAI operated Mumbai airport on Monday said it has switched to green energy sources, fulfilling 95 per cent of its requirement from hydro and wind and the rest 5 per cent from solar power. The facility witnessed a rise in natural energy procurement with 57 per cent green consumption in April to a whopping 98 per cent between May to July, and finally attained 100 per cent utilisation of renewable sources of energy in August, the private airport operator said in a statement. Mumbai Airport was the first in India to launch hybrid technology which has been solely running on green energy since April, thus enabling an efficient and low carbon future for aviation, as part of efforts to reduce carbon footprint, it said.

Shivraj 'mama' emerges as hero of BJP victory in MP

Shivraj 'mama' emerges as hero of BJP victory in MP

Rediff.com4 Dec 2023

The longest-serving Bharatiya Janata Party chief minister and popularly known as mama (maternal uncle) and 'paon-paon wale bhaiya' (foot soldier), Shivraj Singh Chouhan has emerged as the hero of his party's stunning victory in the state assembly elections.

Govt to sell up to 1.5% in ONGC to raise Rs 3,000 cr

Govt to sell up to 1.5% in ONGC to raise Rs 3,000 cr

Rediff.com29 Mar 2022

The government will this week sell up to 1.5 per cent of its stake in the country's top oil and gas producer ONGC to raise about Rs 3,000 crore. The Offer For Sale (OFS) by the government will be open on March 30 and 31, Oil and Natural Gas Corporation (ONGC) said in a stock exchange filing on Tuesday. "The promoter (the government) proposes to sell up to 94,352,094 equity shares of the company, (representing 0.75 per cent of the total paid-up equity share capital of the company) on March 30, 2022 (to non-retail investors) and on March 31, 2022 (to retail investors) with an option to additionally sell 94,352,094 equity shares (in case of oversubscription)," it said.

When Will Yogi Have His Film City?

When Will Yogi Have His Film City?

Rediff.com26 Apr 2023

'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'

New bills propose death for mob lynching, rape of minor, sedition V2.0

New bills propose death for mob lynching, rape of minor, sedition V2.0

Rediff.com11 Aug 2023

Anyone endangering sovereignty or integrity of India may get a maximum punishment of life imprisonment while those involved in mob lynching and rape of minor may be given the maximum punishment of death sentence.

Uber India gears up for electric future but...

Uber India gears up for electric future but...

Rediff.com19 Jun 2023

By 2025, Uber projects that 25,000-30,000 cars -- or 12 to 16 per cent of vehicle additions -- would be EVs, reports Surajeet Das Gupta.

Modi@9: Congress asks 9 questions, BJP calls them 'bundle of lies'

Modi@9: Congress asks 9 questions, BJP calls them 'bundle of lies'

Rediff.com26 May 2023

The Congress released a booklet 'Nau saal, Nau sawaal', asking nine questions from Modi. The BJP rejected the Congress' criticism as a 'bundle of lies and mountain of deception' and said the questions are born out of 'pathological hatred' of the PM.

Did 'Modi Ki Guarantee' Work Its Magic?

Did 'Modi Ki Guarantee' Work Its Magic?

Rediff.com3 Dec 2023

Narendra D Modi and his party campaigned in these elections uncharacteristically without any big ideas. Of course, winning each election at all costs could be a big idea as well, observes Shekhar Gupta.

Mumbai captain Rohit Sharma fined Rs 12 lakh for slow over-rate

Mumbai captain Rohit Sharma fined Rs 12 lakh for slow over-rate

Rediff.com20 Apr 2015

Mumbai Indians captain Rohit Sharma has been fined after his team maintained a slow over rate during Sunday's Indian Premier League match against Royal Challengers Bangalore.

Here's some good news for air travellers in India

Here's some good news for air travellers in India

Rediff.com21 Dec 2022

Aviation security watchdog BCAS has recommended installation of scanners based on computer tomography technology at airports whereby passengers will not be required to take out electronic devices from their hand baggage before going through the scanner. Currently, the scanners used at airports provide a two-dimensional view of the objects inside a hand baggage. Jaideep Prasad, Joint Director General of the Bureau of Civil Aviation Security (BCAS), on Wednesday said the regulator has proposed installing scanners based on computer tomography technology at airports that will provide a three-dimensional view of the objects in hand baggage.

Saral Jeevan Bima, a standard life product launched

Saral Jeevan Bima, a standard life product launched

Rediff.com16 Oct 2020

The Saral Jeevan Bima product to be offered by all life insurance companies will be a non-linked non-participating individual pure-risk premium life insurance plan.