News for 'National System of Accounts'

Who Will Win Sri Lanka's Presidential Poll?

Who Will Win Sri Lanka's Presidential Poll?

Rediff.com20 Sep 2024

'The Indian government is better prepared this time and has reached out to all contenders and not putting all eggs in one basket.'

6 Lessons From Vinesh's Olympic Journey

6 Lessons From Vinesh's Olympic Journey

Rediff.com17 Aug 2024

Vinesh Phogat is a reminder that true champions are not just defined by their medals but by their character and their impact on society.

NCERT axes caste-based discrimination in Class 6 books

NCERT axes caste-based discrimination in Class 6 books

Rediff.com21 Jul 2024

There are tweaks in references to B R Ambedkar's experience about the discrimination.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

''Baloch Are Humiliated As Indian Agents'

''Baloch Are Humiliated As Indian Agents'

Rediff.com9 Sep 2024

'It has been 14 years since I began living in exile and it's shocking that the situation in Balochistan has only worsened rather than improved.'

J&K First-Time Voters Will Be Deciding Factor

J&K First-Time Voters Will Be Deciding Factor

Rediff.com17 Sep 2024

'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'

Reformist candidate Masoud Pezeshkian wins Iran's presidential elections

Reformist candidate Masoud Pezeshkian wins Iran's presidential elections

Rediff.com6 Jul 2024

Pezeshkian gained the attention of people for his stance against the crackdown on the 2009 pro-democracy protests and the violence perpetrated by the notorious morality police in 2022 after Mahsa Amini's death.

B'desh crisis: 'India should not focus only on one person and party'

B'desh crisis: 'India should not focus only on one person and party'

Rediff.com18 Aug 2024

'We should be mindful that the religious minority community in one country is the majority in another (and) so treatment of the minority community in our respective countries will be an important variable in our relationship'

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

Nearly every Indian household has a bank account

Nearly every Indian household has a bank account

Rediff.com12 Feb 2015

More than 127 million new bank accounts have been opened.

No excuse for violence: US on attacks on Indian students

No excuse for violence: US on attacks on Indian students

Rediff.com16 Feb 2024

'The president and this administration have been working very, very hard to make sure we're doing everything we can to work with state and local authorities to try to thwart and disrupt those kinds of attacks and make it clear to anybody who might consider them that they'll be held properly accountable'

A Neat Tragedy Called NEET

A Neat Tragedy Called NEET

Rediff.com25 Jul 2024

NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.

YouTube removes 2.2 mn videos in India over norm violation in Oct-Dec

YouTube removes 2.2 mn videos in India over norm violation in Oct-Dec

Rediff.com27 Mar 2024

The latest report showed that between October and December 2023, over 2.25 million videos (2,254,902) were removed in India for violating YouTube's community guidelines. India topped the list of 30 countries in video removals.

Legion now hacks accountants' data

Legion now hacks accountants' data

Rediff.com14 Dec 2016

The hacking group say they will release information on those who help mask the rich.

'The real GDP was captured better'

'The real GDP was captured better'

Rediff.com1 Dec 2023

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'

India's richest 1% holds 40% wealth, says study

India's richest 1% holds 40% wealth, says study

Rediff.com20 Mar 2024

Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.

Defence Policy: India's Democracy Deficit

Defence Policy: India's Democracy Deficit

Rediff.com3 Jul 2024

One hopes the new Lok Sabha will mark a break from a dismal tradition -- lack of interest in defence and security policies, argues Colonel Anil A Athale.

What Is A Retirement Fund?

What Is A Retirement Fund?

Rediff.com20 May 2024

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

NEET paper leak: 'There must be a retest'

NEET paper leak: 'There must be a retest'

Rediff.com21 Jun 2024

'I do not think the scam is limited to 1,563 students. The number is too low to have caused such an inflation in the marks'

Delhi chokes on thick smog as air quality remains severe

Delhi chokes on thick smog as air quality remains severe

Rediff.com8 Nov 2023

Air quality in Delhi and its suburbs dropped to the severe category again on Wednesday morning, with smoke from post-harvest paddy straw burning in neighbouring states accounting for one-third of the air pollution in the national capital.

Can History Repeat Itself?

Can History Repeat Itself?

Rediff.com16 Jul 2024

Electoral setbacks and thwarted ambition can have an unpredictable effect on leaders,, observes Aditi Phadnis.

'Israel Will Engineer A Broader War'

'Israel Will Engineer A Broader War'

Rediff.com4 Oct 2024

'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'

CBI to probe coaching centre deaths, HC raps Delhi police

CBI to probe coaching centre deaths, HC raps Delhi police

Rediff.com2 Aug 2024

Criticising the police for arresting an SUV driver and blaming him for the incident, the high court said, "Mercifully, you have not challaned the rainwater for entering into the basement."

Lok Sabha elections as good as rigged: Jean Dreze

Lok Sabha elections as good as rigged: Jean Dreze

Rediff.com14 Apr 2024

Development economist Jean Dreze said the Indian democracy is currently navigating a crisis that is not only limited to the 'recent wave of authoritarianism' but also suppression of opposition voices by the ruling Bharatiya Janata Party.

CAG audit of GST reveals systemic flaws, not just glitches

CAG audit of GST reveals systemic flaws, not just glitches

Rediff.com28 Aug 2019

The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

NEET row: NTA DG shunted out; Centre orders CBI probe

NEET row: NTA DG shunted out; Centre orders CBI probe

Rediff.com23 Jun 2024

The Centre on Saturday night announced that the probe into alleged irregularities in the medical entrance exam NEET will be handed over to the CBI for a comprehensive investigation.

Israel claims Hamas rocket downed Gaza hospital

Israel claims Hamas rocket downed Gaza hospital

Rediff.com18 Oct 2023

However, Palestinian Ambassador to the United Nations, Riyad Mansour countered the Israeli prime minister's claim.

Electoral bond scheme deserved improvement, not scrapping: Amit Shah

Electoral bond scheme deserved improvement, not scrapping: Amit Shah

Rediff.com16 Mar 2024

Noting that he fully respects the Supreme Court order on electoral bonds, Union Home Minister Amit Shah on Friday said the scheme was introduced to end black money in politics and added that it should have been improved rather than scrapped.

PSU banks urged to review their gold loan portfolio

PSU banks urged to review their gold loan portfolio

Rediff.com13 Mar 2024

The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan. "We have asked banks to undertake comprehensive review of the gold loan business," financial services secretary Vivek Joshi told PTI.

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Rediff.com19 Jan 2024

The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.

Not James Bond movie ....: HC on repeated pleas for Kejriwal's removal as CM

Not James Bond movie ....: HC on repeated pleas for Kejriwal's removal as CM

Rediff.com10 Apr 2024

Observing that the petitioner was "making a mockery of the system", the court said, "Rs 50,000 costs on you. We will pass the order."

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

'EVMs are the most credible system available'

'EVMs are the most credible system available'

Rediff.com31 May 2018

'I know most of the politicians in this country and I know how fair-weather friends they can be.' 'If they get defeated in elections, they will blame it upon something that cannot respond to their allegations like the EVMs.'

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Rediff.com14 Jan 2024

The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.

Oppn hails electoral bonds ruling, takes swipe at BJP

Oppn hails electoral bonds ruling, takes swipe at BJP

Rediff.com15 Feb 2024

Leaders of several opposition parties on Thursday hailed the Supreme Court verdict striking down the electoral bonds scheme and termed it an important step in ensuring transparency in electoral funding.

RBI proposes stringent norms for wilful defaulters

RBI proposes stringent norms for wilful defaulters

Rediff.com21 Sep 2023

The Reserve Bank on Thursday proposed tighter norms for treatment of wilful defaulters under which banks and other lenders will be required to examine all accounts with outstanding amount of Rs 25 lakh and more to see if the borrower is deliberately not repaying the loan. The central bank has issued a 'Draft Master Direction on Treatment of Wilful Defaulters and Large Defaulters' on which comments have been invited till October 31. According to Reserve Bank of India (RBI), the draft Master Direction expands the scope for regulated entities which can classify borrowers as wilful defaulters and broadens the definition of wilful default.

'Despite Covid we don't care about health'

'Despite Covid we don't care about health'

Rediff.com7 Feb 2024

'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'

2 super high altitude firing ranges made in Arunachal

2 super high altitude firing ranges made in Arunachal

Rediff.com4 Oct 2023

Two super high altitude firing ranges were made available to the armed forces for the practice of various kinds of weapons and surveillance equipment in Arunachal Pradesh within an aerial distance of 50 kilometres from the highly sensitive Line of Actual Control, sources said.

COP28 clinches deal on transition away from fossil fuels

COP28 clinches deal on transition away from fossil fuels

Rediff.com13 Dec 2023

Adopted after nearly two weeks of hectic negotiations, the first Global Stocktake deal, being termed the UAE consensus, urges countries to accelerate efforts toward the phase-down of unabated coal power, which is a climb down after India and China strongly resisted the singling out of coal.