News for 'National Insurance'

Why TN Has Challenged NEET in Supreme Court

Why TN Has Challenged NEET in Supreme Court

Rediff.com22 Feb 2023

As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.

Sponsors put CA on notice as ball-tampering scandal engulfs a nation

Sponsors put CA on notice as ball-tampering scandal engulfs a nation

Rediff.com26 Mar 2018

The incident, which Australian captain Steve Smith said involved senior players hatching a plan to tamper with the ball during a game against rival South Africa, also threatens to upset current negotiations over broadcast rights.

Now you will get your salary, pension even on bank holidays

Now you will get your salary, pension even on bank holidays

Rediff.com4 Jun 2021

In order to further enhance customer convenience, and to leverage the 24x7 availability of real-time gross settlement (RTGS), NACH which is currently available on bank working days, is proposed to be made available on all days of the week effective from August 1, 2021, RBI's Shaktikanta Das said.

In RS govt poohpoohs concerns over lack of nuclear safety

In RS govt poohpoohs concerns over lack of nuclear safety

Rediff.com4 Aug 2022

Union minister Jitendra Singh assured the members of the Rajya Sabha on Thursday that there is better nuclear safety in India as compared to many other countries and there are enough safeguards in the Indian nuclear plants.

Will Govt Cut PSBs Loose?

Will Govt Cut PSBs Loose?

Rediff.com28 Jul 2022

Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Rediff.com13 May 2020

The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.

Agnipath scheme voluntary, those having problem don't join: HC

Agnipath scheme voluntary, those having problem don't join: HC

Rediff.com13 Dec 2022

After the scheme was unveiled, protests erupted in several states against the scheme.

Why Is Govt Silent On Adani Controversy?

Why Is Govt Silent On Adani Controversy?

Rediff.com31 Jan 2023

So far the government has been silent on the charges being levelled, even after the stock price rout. Perhaps it is hoping for the share price to settle so that the matter goes away, predicts Aakar Patel.

After 20 years, privatisation programme in India off to 'Maharaja' start

After 20 years, privatisation programme in India off to 'Maharaja' start

Rediff.com27 Jan 2022

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

Adani slips to No 30, group stocks lose Rs 12 lk cr in 1 month

Adani slips to No 30, group stocks lose Rs 12 lk cr in 1 month

Rediff.com26 Feb 2023

Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.

India slips 2 spot to 132 in UN Human Development Index

India slips 2 spot to 132 in UN Human Development Index

Rediff.com8 Sep 2022

Human Development -- a measure of a nation's health, education, and average income -- has declined for two years in a row.

Military Needs Soldiers, Not Contract Labour

Military Needs Soldiers, Not Contract Labour

Rediff.com13 Jun 2022

While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).

This Budget Is Harder Than Last Year's

This Budget Is Harder Than Last Year's

Rediff.com28 Jan 2022

The challenges before the coming Budget are more daunting than those in 2021, reveals A K Bhattacharya.

RS adjourned sine die; Goyal says punish erring MPs

RS adjourned sine die; Goyal says punish erring MPs

Rediff.com11 Aug 2021

Rajya Sabha was adjourned sine die on Wednesday evening, two days ahead of the scheduled end of the Monsoon session, after the passage of four bills including on the OBC list and state-run insurance companies.

'This is not where children abandon their parents'

'This is not where children abandon their parents'

Rediff.com4 Apr 2023

'This is about children caring for their parents and helping them with assistance.'

Gujarat/Himachal's 2024 Message For Modi

Gujarat/Himachal's 2024 Message For Modi

Rediff.com10 Dec 2022

The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.

Jan Dhan Yojana turns 6, has 40 crore beneficiaries, says govt

Jan Dhan Yojana turns 6, has 40 crore beneficiaries, says govt

Rediff.com28 Aug 2020

"The PMJDY has been the foundation stone for the Modi government's people-centric economic initiatives. "Whether it is direct benefit transfers, Covid-19 financial assistance, PM-KISAN, increased wages under MGNREGA, life and health insurance cover, the first step was to provide every adult with a bank account, which PMJDY has nearly completed," Nirmala Sitharaman said on the sixth anniversary of the scheme.

Should you opt for National Pension System?

Should you opt for National Pension System?

Rediff.com23 May 2016

On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.

Delhi HC seeks govt, petitioners' responses to pleas against Agnipath

Delhi HC seeks govt, petitioners' responses to pleas against Agnipath

Rediff.com15 Dec 2022

The Delhi high court on Thursday reserved its judgment on a batch of petitions challenging the Centre's Agnipath scheme for recruitment in armed forces.

Sitharaman highlights 'significant reforms' in US investors' meet

Sitharaman highlights 'significant reforms' in US investors' meet

Rediff.com12 Oct 2021

Finance Minister Nirmala Sitharaman on Tuesday highlighted "significant reforms" undertaken by the government including National Monetisation Pipeline (NMP) and National Infrastructure Pipeline (NIP) as she met institutional investors in Boston. Sitharaman arrived in the US on Monday for a week-long trip to attend the annual meet of the World Bank and IMF in Washingon as well as G20 Finance Ministers and Central Bank Governors (FMCBG) meeting. During the official visit to the US, Sitharaman is expected to meet US Treasury Secretary Janet Yellen.

Budget is anti-farmer, anti-people and anti-country: Mamata

Budget is anti-farmer, anti-people and anti-country: Mamata

Rediff.com1 Feb 2021

"This is a budget to deceive the masses. It's an anti-farmer, anti-people and anti-country budget," Banerjee said while addressing the inaugural ceremony of Uttar Banga Utsav.

Why the 'sponsorless' mutual funds could be a good idea

Why the 'sponsorless' mutual funds could be a good idea

Rediff.com27 Jan 2023

The Securities and Exchange Board of India (Sebi) has just released a proposal to alter the regulations pertaining to the sponsor system for mutual funds. One of the reasons for the proposed changes is that there are two conflicting regulations that need to be clarified. The other reason is that the sponsor system may itself be outdated as it stands, and the proposed changes would allow new entities such as private equity funds and portfolio management services to enter this space.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

How govt helped PSBs trim losses

How govt helped PSBs trim losses

Rediff.com8 Aug 2019

While the government has infused huge capital into PSBs, the same has largely been used to mitigate losses and has failed to contribute meaningfully to credit growth.

Cancer hospital launched by Modi opened last year, claims Mamata

Cancer hospital launched by Modi opened last year, claims Mamata

Rediff.com7 Jan 2022

West Bengal Chief Minister Mamata Banerjee asserted that she had last year inaugurated the second campus of the Chittaranjan National Cancer Institute which Prime Minister Narendra Modi dedicated to the nation on Friday.

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Rediff.com8 Jun 2022

The home minister said the northeast and the Left-wing extremism-affected areas in the country are tribal-dominated regions and security is a precursor to development there.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

LIC's stake in listed companies at 10-year low

LIC's stake in listed companies at 10-year low

Rediff.com8 Nov 2021

LIC owns 3.69 per cent of the total listed universe based on available disclosures, the lowest since at least June 2009.

Banking, public transport services hit on day 1 of Bharat bandh

Banking, public transport services hit on day 1 of Bharat bandh

Rediff.com29 Mar 2022

A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29 to protest against the government policies affecting workers, farmers, and people.

IAF releases details of recruitment plan under Agnipath scheme

IAF releases details of recruitment plan under Agnipath scheme

Rediff.com19 Jun 2022

Agniveers once enrolled into the Indian Air Force, will be governed under the Air Force Act 1950, for a period of four years.

'We expect bigger crowd for Amarnath Yatra'

'We expect bigger crowd for Amarnath Yatra'

Rediff.com19 May 2022

'Definitely, crowd management will be a challenge, but we will ensure we have enough forces at hand to take care of any situation.'

A health cover for diabetics

A health cover for diabetics

Rediff.com28 Jun 2013

Group policies are more suitable for diabetics; these are negotiable & flexible.

Justify different pay scale for Agniveers, regular sepoys: HC

Justify different pay scale for Agniveers, regular sepoys: HC

Rediff.com14 Dec 2022

"If the job profile is same, then how you justify different pay? A lot will depend on the job profile. Get instructions on this and put it on an affidavit," a bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad told Additional Solicitor General Aishwarya Bhati who was representing the Centre.

Piramal weighs options on 5% stake buy in Axis Bank

Piramal weighs options on 5% stake buy in Axis Bank

Rediff.com27 Jan 2014

Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore

Oaktree emerges highest bidder for debt-ridden DHFL

Oaktree emerges highest bidder for debt-ridden DHFL

Rediff.com14 Dec 2020

US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The committee of creditors had fixed December 14 as the last for submission of revised bids. According to the sources, Oaktree raised the bid to Rs 36,646 crore, including Rs 1,000 crore for insurance and Rs 3,000 crore of interest earned, while Piramal Enterprises offered Rs 35,550 crore, including Rs 300 for insurance and Rs 3,000 of interest earned.

2021: How to organise your financial documents

2021: How to organise your financial documents

Rediff.com5 Jan 2021

The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.

What Future plans to do after its deal with RIL was rejected

What Future plans to do after its deal with RIL was rejected

Rediff.com25 Apr 2022

Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.

When Will Modi Privatise Public Sector Banks?

When Will Modi Privatise Public Sector Banks?

Rediff.com20 Oct 2021

Unlike any other national asset, which is typically sold to the highest bidder, the profile of the bidder is the most important criterion for a licence to bank, and even for acquiring more than 5 per cent stake, explains Tamal Bandyopadhyay.

After 3 months of slide LIC hopes to spring back in June

After 3 months of slide LIC hopes to spring back in June

Rediff.com4 Jul 2020

With the lockdown being eased gradually, providing more and more digital solutions, for service delivery and procurement of new policies, is what the corporation is focussing on.

Covid: Some good news for ESI subscribers

Covid: Some good news for ESI subscribers

Rediff.com18 Sep 2020

ESI subscribers to get Covid unemployment allowance within 15 days of claim. Payment will be made into bank account of the insured and Aadhaar will be used for identification.