News for 'National System of Accounts'

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.

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.

'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.'

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.

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.

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.

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'

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.

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.

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.

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.'

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."

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.

Wanted! A National Security Strategy

Wanted! A National Security Strategy

Rediff.com31 May 2021

India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).

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.

'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.'

Old system is optional: PM Modi on farm laws

Old system is optional: PM Modi on farm laws

Rediff.com10 Feb 2021

The prime minister also said the government has offered to discuss clause by clause of the three farm laws and if there are any shortcomings it was ready to make changes.

Trump's 'merit-based' visa scheme to replace lottery system

Trump's 'merit-based' visa scheme to replace lottery system

Rediff.com3 Aug 2017

The bill, Trump said, 'would represent the most significant reform to our immigration system in half a century'.

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.

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."

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.

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.

Lapses in banking system: Govt seeks RBI's views

Lapses in banking system: Govt seeks RBI's views

Rediff.com20 Feb 2018

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator

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.

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.

Banks to now refer 28 large dud accounts to NCLT

Banks to now refer 28 large dud accounts to NCLT

Rediff.com13 Dec 2017

These together account for 40 per cent of bad loans of around Rs 4 trillion.

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.

'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.'

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.

PNB likely to face teething problems while upgrading system

PNB likely to face teething problems while upgrading system

Rediff.com19 Feb 2018

Upgradation to the new product (from Infosys) will stabilise by this month-end

Dowry deaths account for 40% to 50% of female homicides

Dowry deaths account for 40% to 50% of female homicides

Rediff.com31 Jan 2019

Uttar Pradesh accounts for the maxmium dowry deaths -- 11,800 women -- followed by Bihar at 5,992.

Why foreign brokerages remain bullish on Paytm stock

Why foreign brokerages remain bullish on Paytm stock

Rediff.com5 Mar 2024

Shares of One97 Communications (OCL), which provides financial services under the brand 'Paytm', and has a banking arm Paytm Payments Bank (PPBL), hit the 5 per cent upper circuit at Rs 428.10 on the National Stock Exchange (NSE) in Monday's (February 26) intraday trade. The up move in the stock on Monday came after the Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI), in post stock market hours, to look into the possibility of migrating PPBL customers, using the UPI handle '@paytm', to four-to-five other banks.

Consensus remains elusive on common BRICS currency

Consensus remains elusive on common BRICS currency

Rediff.com23 Aug 2023

Consensus remained elusive on a common BRICS currency as business leaders from the five-bloc nations debated the pivotal issue at a business forum on the periphery of a summit of the five-member bloc being hosted here by South Africa. In their two addresses at the Summit so far, the leaders of Brazil, Russia, India, China and South Africa have made no or scant references to the issue either. "The BRICS Business Forum discussed the international payments system in detail. "Participants also debated the question of whether a BRICS currency is possible or desirable, with strong views expressed both for and against and little consensus reached," Sim Tshabalala, chief executive of Standard Bank Group, told several hundred captains of industry from the partner countries and over 40 other nations across the globe at the Summit.

How We Can Have A Credible NIRF Ranking

How We Can Have A Credible NIRF Ranking

Rediff.com6 Apr 2023

Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.

In India, people have mobile phones, but no bank accounts: Modi

In India, people have mobile phones, but no bank accounts: Modi

Rediff.com15 Aug 2014

Pradhan Mantri Jan Dhan Yojana scheme will help in bringing the benefits of formal banking system to even the poorest of poor.

HAL: Non performance, nil accountability

HAL: Non performance, nil accountability

Rediff.com4 Feb 2019

facilities at Bangalore one understands the financial year end frenzy at these establishments and the slipshod slippages in timeframes, quality of overhaul, servicing and quality control across the board, for aircraft and equipment alike,' says Group Captain Murli Menon (retd).

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

Amid strained ties, Trudeau joins G-20 meet; and says...

Amid strained ties, Trudeau joins G-20 meet; and says...

Rediff.com23 Nov 2023

Canadian Prime Minister Justin Trudeau highlighted the importance of coordinated G20 leadership and action to uphold the rule of law and international law and strengthen democratic systems, as he participated in a virtual G20 Leaders' Summit hosted by India.

How to fix India's flawed banking system

How to fix India's flawed banking system

Rediff.com26 Feb 2018

What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.