News for 'National System of Accounts'

Now, Karnataka Wants To Scrap NEET

Now, Karnataka Wants To Scrap NEET

Rediff.com26 Jul 2024

Karnataka has the highest number of medical seats in the country at 11,745, of which 3,750 seats were in government institutions and 7,995 seats were in private colleges.

India, Russia set $100 bn annual trade target by 2030

India, Russia set $100 bn annual trade target by 2030

Rediff.com9 Jul 2024

India and Russia on Tuesday set a target of $100 billion in annual trade volume by 2030 and vowed to develop a robust bilateral payment settlement mechanism using national currencies. The two sides also inked a total of nine agreements to further broadbase cooperation in a range of areas including in the economic domain following summit talks between Prime Minister Narendra Modi and Russian President Vladimir Putin.

'No need to panic on draft infra guidelines'

'No need to panic on draft infra guidelines'

Rediff.com24 May 2024

'It's a debatable topic, and we will submit our comments to the RBI by June 15.'

Mamata offers shelter to Bangladeshis amid violence

Mamata offers shelter to Bangladeshis amid violence

Rediff.com21 Jul 2024

Banerjee also appealed to the people of West Bengal not to get provoked over matters concerning the current situation in Bangladesh.

4 Months After Poor LS Score, How BJP Swept Vidarbha

4 Months After Poor LS Score, How BJP Swept Vidarbha

Rediff.com2 Dec 2024

'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'

Adulterated Drugs On Decline Amid Crackdown

Adulterated Drugs On Decline Amid Crackdown

Rediff.com10 Oct 2024

Rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.

EPFO logs nearly 20 lakh net new members in July

EPFO logs nearly 20 lakh net new members in July

Rediff.com23 Sep 2024

Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the labour ministry said on Monday. Union Labour Minister Mansukh Mandaviya said at a press conference that 10.52 lakh new or first-time workers subscribed to social security schemes run by Employees' Provident Fund Organisation (EPFO). The minister said almost 20 lakh net new members addition (19.94 lakh) was recorded in July this year.

Know How To Plan Your Taxes

Know How To Plan Your Taxes

Rediff.com5 Dec 2024

'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'

Ranji Trophy likely to be played in two halves in 2024-25 season

Ranji Trophy likely to be played in two halves in 2024-25 season

Rediff.com11 May 2024

Five Ranji Trophy league matches will be followed by white ball tournaments -- Syed Mushtaq Ali Trophy and Vijay Hazare Trophy.

After UPI and ULI, banks to set up Unified Recovery Interface

After UPI and ULI, banks to set up Unified Recovery Interface

Rediff.com9 Sep 2024

Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).

When A PM Miraculously Escaped Air Crash

When A PM Miraculously Escaped Air Crash

Rediff.com17 Feb 2025

Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.

Delhi's Air Is Forcing People To Migrate

Delhi's Air Is Forcing People To Migrate

Rediff.com25 Nov 2024

Some residents have already taken this step to relocate, either temporarily or permanently, some to their native places and others to clean-air destinations like Goa and Himachal Pradesh.

Deposits grew slower than loans

Deposits grew slower than loans

Rediff.com9 Jul 2024

Most lenders that have reported their April-June business update posted slower growth in deposits sequentially as compared to the loan growth in the April-June quarter of 2024-25 (FY25). Current and savings account (CASA) deposits continue to face pressure. Private-sector lenders YES Bank, Bandhan Bank, and RBL Bank saw their deposit growth contract by 0.5 per cent, 1.5 per cent, and 2 per cent, respectively.

Priyanka effect missing in Wayanad as voter turnout falls to 65%

Priyanka effect missing in Wayanad as voter turnout falls to 65%

Rediff.com14 Nov 2024

Brisk polling was seen for the Wayanad Lok Sabha and the Chelakkara assembly seats in Kerala as they witnessed a turnout of 20.54 and 19.08 per cent, respectively, after the first three hours of voting on Wednesday.

Delhi coaching centre breaks silence on 3 deaths, says...

Delhi coaching centre breaks silence on 3 deaths, says...

Rediff.com28 Jul 2024

The coaching centre at whose establishment three students died due to rain-induced flooding in the basement on Sunday condoled the loss of young lives and said they are fully committed to supporting the ongoing investigation.

England men's national selector Smith to leave role

England men's national selector Smith to leave role

Rediff.com21 Apr 2021

James Taylor, Smith's deputy, has had his job title change from England selector to head scout.

Tilak: The Man In His Times

Tilak: The Man In His Times

Rediff.com21 Sep 2024

Lokmanya Tilak lived a life replete with contradictions, although he modified many of his positions later in life.

12 industrial smart cities - A vital cog in India's development journey

12 industrial smart cities - A vital cog in India's development journey

Rediff.com13 Sep 2024

Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).

Dangerous narrative: BJP slams Rahul's remarks on Sikhs

Dangerous narrative: BJP slams Rahul's remarks on Sikhs

Rediff.com10 Sep 2024

"I condemn is the strongest terms the statement he has made about Sikhs not being able to wear turbans and kadas," the BJP leader from the Sikh community said.

How You Can Save Rs 17,500 In New Tax Regime

How You Can Save Rs 17,500 In New Tax Regime

Rediff.com24 Jul 2024

'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'

'Unemployment Is Higher Among Educated Youth'

'Unemployment Is Higher Among Educated Youth'

Rediff.com28 Jun 2024

'The more educated a young person is, the higher the chances of him or her remaining unemployed.'

Rajnath's military mantra: Synergised, swift, proportionate response

Rajnath's military mantra: Synergised, swift, proportionate response

Rediff.com5 Sep 2024

Defence Minister Rajnath Singh on Thursday called upon the top military brass to analyse the conflicts in Ukraine and Gaza as well as the current situation in Bangladesh to "predict" any future problems and stay prepared to deal with the "unexpected".

Students protesting coaching centre deaths detained

Students protesting coaching centre deaths detained

Rediff.com28 Jul 2024

A few students were detained after they staged a protest in Old Rajinder Nagar in New Delhi on Sunday, demanding action against those responsible for the deaths of three civil services aspirants at a coaching centre in the area, and compensation for their families.

NPS vs UPS: Which is Best for YOU?

NPS vs UPS: Which is Best for YOU?

Rediff.com6 Sep 2024

Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.

The Legend That Was Pritish Nandy

The Legend That Was Pritish Nandy

Rediff.com9 Jan 2025

He was colourful. He was dramatic. He was The Master of His Craft. There never will be an editor as versatile as Pritish Nandy, notes Nikhil Lakshman.

Hasina's dictatorship destroyed every Bangladeshi institution: Yunus

Hasina's dictatorship destroyed every Bangladeshi institution: Yunus

Rediff.com18 Aug 2024

The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."

Several unauthorised entities stopped from giving PAN card services

Several unauthorised entities stopped from giving PAN card services

Rediff.com18 Jan 2024

The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.

Is The World Spinning Out Of Control?

Is The World Spinning Out Of Control?

Rediff.com30 May 2024

The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).

Over 1,300 die during Hajj, extreme heat main cause

Over 1,300 die during Hajj, extreme heat main cause

Rediff.com24 Jun 2024

Saudi Arabia said on Sunday that as many as 1,301 people died during the Hajj pilgrimage, with 'numerous cases' due to heat stress and 'unauthorised' trips accounting for over four out of five of the deaths, CNN reported.

Retirement Funds: Customize Your Mix

Retirement Funds: Customize Your Mix

Rediff.com28 Sep 2024

Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.

NTA declares final NEET-UG results, toppers down to 17 from 61

NTA declares final NEET-UG results, toppers down to 17 from 61

Rediff.com26 Jul 2024

"The re-revised score cards are live now," a senior NTA official said.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Over 4 lakh students to lose 5 marks in NEET-UG after SC order

Over 4 lakh students to lose 5 marks in NEET-UG after SC order

Rediff.com24 Jul 2024

The NTA had treated the two options as correct answers to the Physics question and had granted four marks to those examinees who had marked these options.

Paytm Payments Bank MD and CEO Surinder Chawla quits

Paytm Payments Bank MD and CEO Surinder Chawla quits

Rediff.com9 Apr 2024

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.

Which City Sold Maximum Value Of Electoral Bonds?

Which City Sold Maximum Value Of Electoral Bonds?

Rediff.com27 Feb 2024

Mumbai accounts for the largest share of electoral bonds sold since inception.

RBI restrains commercial card payments by a network

RBI restrains commercial card payments by a network

Rediff.com16 Feb 2024

The Reserve Bank of India (RBI), on Thursday issued orders restraining commercial transactions routed through intermediaries by a card network. The central bank, without naming the card network, said the intermediary with an arrangement with the network, did not have the authorisation to function under the Payment and Settlement Systems (PSS) Act. This led the regulator to suspend the arrangement till further notice.

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

Fresh formal hiring at seven-month high in April, shows EPFO data

Fresh formal hiring at seven-month high in April, shows EPFO data

Rediff.com22 Jun 2024

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Thursday. In April, the number of new monthly subscribers under the Employees' Provident Fund (EPF) sequentially increased by 18.77 per cent to 887,438 from 747,146 in March.

Should You Invest In UPS Or NPS?

Should You Invest In UPS Or NPS?

Rediff.com4 Sep 2024

'Younger employees, who tend to have a higher risk appetite, will find NPS advantageous due to the potential gains from equity markets over time.'

Toxic air: Delhi reschedules winter break of schools

Toxic air: Delhi reschedules winter break of schools

Rediff.com8 Nov 2023

In view of air pollution in the national capital, the December winter break of all schools has been rescheduled and it will be now from November 9 to November 18, a circular of the Delhi Directorate of Education stated on Wednesday.