News for 'IT SHOULD BE MINIMUM 1 LAKH'

PM gave headline, blank page: Chidambaram on financial package

PM gave headline, blank page: Chidambaram on financial package

Rediff.com13 May 2020

Chidambaram said he would count every additional rupee the government infuses into the economy and examine what the poor, hungry and devastated migrant workers get after walking hundreds of kilometres to their home states.

Sebi directs mutual funds to invest more in own schemes

Sebi directs mutual funds to invest more in own schemes

Rediff.com4 Sep 2021

Under the new guidelines, the top 10 active equity schemes in terms of assets would collectively require investments of around Rs 365 crore -- up from mandated Rs 50 lakh at present -- in their own schemes.

'I had to shoot the film in 9 days with Rs 35 lakhs'

'I had to shoot the film in 9 days with Rs 35 lakhs'

Rediff.com3 Jun 2016

Filmmaker Suresh Krissna talks about directing films for television, a first-of-its-kind concept.

PMC Bank suitors face additional capital rider

PMC Bank suitors face additional capital rider

Rediff.com16 Mar 2021

Suitors for Punjab and Maharashtra Co-operative Bank (PMC Bank) may have to infuse additional capital of nearly Rs 750 crore so that the payout per depositor is more than the Rs 5 lakh sum assured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). The Reserve Bank of India (RBI) has also slotted its board meeting on March 19 in Mumbai - a fortnight short of the current deadline to find a resolution for the beleaguered bank and the moratorium placed on it comes to an end. Sources close to the PMC Bank transaction said that the central bank wants the suitors "to go the extra mile so that depositors can get more than the Rs 5 lakh insured by the DICGC". This is also to ensure that the new owners of the bank - who are to be issued a small finance bank (SFB) licence - are serious and have deep pockets.

Need an emergency loan? Go for gold loan

Need an emergency loan? Go for gold loan

Rediff.com8 Jan 2019

The amount you can raise via a gold loan is higher than you can get via a personal loan.

RBI fixes ceiling of 70 years for MD, CEO of bank

RBI fixes ceiling of 70 years for MD, CEO of bank

Rediff.com26 Apr 2021

The Reserve Bank of India (RBI) on Monday fixed the tenure of MD, CEO and whole-time director (WTD) in a private sector bank at 15 years and prescribed the maximum age of 70 years for such functionaries. These directives form part of the instructions issued by the RBI with regard to the chair and meetings of the board, composition of certain committees of the board, age, tenure and remuneration of directors, and appointment of the WTDs on Monday. The RBI said it would come out with a Master Direction on Corporate Governance in banks in due course.

Farmer dies at protest site near Tikri border

Farmer dies at protest site near Tikri border

Rediff.com17 Dec 2020

Jai Singh, a resident of Tungwali village in Bathinda district, and his brother had been part of the farmers' protest at the Haryana-Delhi border against the Centre's three farm laws for the last several days, according to Bharatiya Kisan Union (Ekta Ugrahan) leader Shingara Singh.

Committed to bring Uniform Civil Code, but after discussions: Shah

Committed to bring Uniform Civil Code, but after discussions: Shah

Rediff.com24 Nov 2022

Union Home Minister Amit Shah on Thursday said the Bharatiya Janata Party is committed to bring Uniform Civil Code (UCC) in the country but only after following all democratic processes and discussions on it.

No panic now so no free food-grains for migrants: Govt

No panic now so no free food-grains for migrants: Govt

Rediff.com10 May 2021

The government on Monday ruled out the possibility of free food-grains distribution to migrants saying there is no panic situation and no complete national lockdown unlike last year.

Lockdown in Maharashtra? Uddhav asks officials to prepare plan

Lockdown in Maharashtra? Uddhav asks officials to prepare plan

Rediff.com28 Mar 2021

The task force then recommended that the state government implement measures like a stricter lockdown to stem the rise in coronavirus positive cases.

Divestment of BPCL, Air India to be completed in FY22: FM

Divestment of BPCL, Air India to be completed in FY22: FM

Rediff.com1 Feb 2021

The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU banks and one general insurance company, in the next fiscal year beginning April 1. The amount is lower than the record Rs 2.10 lakh crore which was budgeted to be raised from CPSE disinvestment in the current fiscal year. However, the COVID-19 pandemic impacted the government's CPSE stake sale programme, and the target has been lowered to Rs 32,000 crore in the Revised Estimates.

Why Every Indian Must Use the RTI Act

Why Every Indian Must Use the RTI Act

Rediff.com14 Jul 2021

'Sometimes we succeed, sometimes we don't.' 'But you can use the RTI to improve the future.'

LS passes assisted reproductive tech bill that omits LGBTQ, singles

LS passes assisted reproductive tech bill that omits LGBTQ, singles

Rediff.com1 Dec 2021

The Lok Sabha on Wednesday passed a bill to regulate and supervise assisted reproductive technology clinics, with various members urging the government not to exclude single parents and the LGBTQ community from using this procedure.

'For the BJP, Nitish was a use-and-throw politician'

'For the BJP, Nitish was a use-and-throw politician'

Rediff.com18 Aug 2022

'The only thing that makes Nitish Kumar acceptable to Biharis, to the Mahagatbandhan allies, is the BJP.'

Delhi HC grants bail to journalist in espionage case

Delhi HC grants bail to journalist in espionage case

Rediff.com4 Dec 2020

Freelance journalist Rajeev Sharma was arrested on September 14 by the Delhi Police Special Cell which has claimed that he was "found to be in possession of some defence-related classified documents".

Big changes in I-T return forms. Read to find the details

Big changes in I-T return forms. Read to find the details

Rediff.com1 Jun 2020

Those spending over Rs 2 lakh on foreign travel, incurring more than Rs 1 lakh electricity bills, or depositing over Rs 1 crore in current account will have to mandatorily file ITR even if their total income is below the taxable limit. The last date for filing has been extended to Nov 30 from Jul 31.

Situation getting out of hand: Amarinder to Centre on farmer's stir

Situation getting out of hand: Amarinder to Centre on farmer's stir

Rediff.com27 Nov 2020

Despite heavy security deployment, groups of farmers from Punjab managed to reach near two Delhi border points on Friday morning after breaking police barricades in Haryana.

'Demonetisation didn't impact even 0.001% of black money'

'Demonetisation didn't impact even 0.001% of black money'

Rediff.com17 Nov 2021

'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'

Cabinet may approve Rs 1,000/month min pension tomorrow

Cabinet may approve Rs 1,000/month min pension tomorrow

Rediff.com27 Feb 2014

According to sources, the proposal is listed in the agenda of the meeting of the Union Cabinet scheduled for Friday.

Why Air Indias' privatisation sailed & BPCL's is dragging on

Why Air Indias' privatisation sailed & BPCL's is dragging on

Rediff.com19 Dec 2021

Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.

What FM's stimulus package 2.0 offers

What FM's stimulus package 2.0 offers

Rediff.com14 May 2020

On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.

Budget 2022: Insurers want investment limit of 80C hiked

Budget 2022: Insurers want investment limit of 80C hiked

Rediff.com26 Jan 2022

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.

India, China border spat: Bird group's EV hatchback plans in limbo

India, China border spat: Bird group's EV hatchback plans in limbo

Rediff.com15 Apr 2021

The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.

BJP's Varun Gandhi calls for engaging with protesting farmers

BJP's Varun Gandhi calls for engaging with protesting farmers

Rediff.com5 Sep 2021

Bharatiya Janata Party MP Varun Gandhi on Sunday described farmers, who have been protesting against three farm laws, as 'our own flesh and blood' and suggested that the government should re-engage with them in reaching common ground.

Govt to sell 15-20% stake in Railway arm

Govt to sell 15-20% stake in Railway arm

Rediff.com8 Sep 2020

The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.

Confused About Health Insurance?

Confused About Health Insurance?

Rediff.com3 Dec 2021

Do you have health insurance/mediclaim queries? Rakesh Kaul, chief distribution officer, Edelweiss General Insurance, will answer your queries.

Modi like an 'arrogant king': Priyanka to farmers

Modi like an 'arrogant king': Priyanka to farmers

Rediff.com20 Feb 2021

Likening Prime Minister Narendra Modi to the character of an arrogant king, 'ahankari raja', from stories of yore, Congress general secretary Priyanka Gandhi Vadra on Friday said he is unable to understand that the 'jawan' who has kept the country safe is also the son of a farmer.

Vizhinjam Port: Between Protest, Promise And Reality

Vizhinjam Port: Between Protest, Promise And Reality

Rediff.com1 Dec 2022

Big-ticket investments taking off is crucial for Kerala given the years it lost to labour militancy courtesy the same political forces currently in power, explains Shyam G Menon.

'Can I buy two insurance policies for a car?'

'Can I buy two insurance policies for a car?'

Rediff.com23 Sep 2022

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

When Will Banks End Customer Harassment?

When Will Banks End Customer Harassment?

Rediff.com30 Aug 2022

The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.

Taxmen told to dispose of 5-year-old pending cases by March

Taxmen told to dispose of 5-year-old pending cases by March

Rediff.com31 Dec 2019

There are about 31,000 pending cases, locking revenue worth Rs 500 crore.

MF GURU: 'Please suggest good SIPs'

MF GURU: 'Please suggest good SIPs'

Rediff.com9 Dec 2021

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

Assam CM alleges PFI hand behind Darrang violence

Assam CM alleges PFI hand behind Darrang violence

Rediff.com25 Sep 2021

Sarma said his government had prepared a dossier on PFI and would be taking action against the outfit in the state.

Expect all 18+ to be vaccinated by Dec 2021: Govt in Lok Sabha

Expect all 18+ to be vaccinated by Dec 2021: Govt in Lok Sabha

Rediff.com23 Jul 2021

Asked if the government has decided to administer the COVID-19 vaccine to the entire population free of cost on priority basis and if so, the target fixed to administer the doses, the health minister said according to Revised Guidelines for Implementation of National COVID Vaccination Program, which came into effect from June 21, all citizens aged 18 years and above, irrespective of their income status, are entitled to free vaccination at all government vaccination centres.

'Atiq's murder could have been remote-controlled'

'Atiq's murder could have been remote-controlled'

Rediff.com19 Apr 2023

'The prowess with which they executed the shootings unmistakably bear the imprint of someone who has had professional training.'

Rs 1 cr annual package for SBI's new CFO

Rs 1 cr annual package for SBI's new CFO

Rediff.com11 Jun 2020

For the first time, the bank is recruiting the CFO from outside its experienced talent pool of top management.

12 Oppn parties back farmers' nationwide protest call on May 26

12 Oppn parties back farmers' nationwide protest call on May 26

Rediff.com23 May 2021

Farmers from various parts of the country are protesting at Delhi borders against the three farm laws brought by the Centre, alleging that the legislations will hamper farming.

Ban Loss-Making Companies' IPOs!

Ban Loss-Making Companies' IPOs!

Rediff.com20 Oct 2022

The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.

India fighting Covid with all its might: Modi

India fighting Covid with all its might: Modi

Rediff.com30 May 2021

In his monthly Mann ki Baat broadcast, Modi noted that the country was also faced with several natural disasters, including cyclones, landslide and earthquakes, during the pandemic, and said more lives were saved than the past with the Centre, states and local administration coming together to carry out relief and rescue operations.

Pulses import likely to fall to record low this year

Pulses import likely to fall to record low this year

Rediff.com12 Jul 2019

India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year.