News for 'Public Provident Fund'

Operation Sindoor: The Precision Of Surprise

Operation Sindoor: The Precision Of Surprise

Rediff.com16 May 2025

'You can be sure that the Pakistanis knew when the Indian Air Force aircraft took off, which type these were, and what their likely targets were.' 'The question was: How would they determine that the IAF wanted to fire, and when to bounce them?', notes Shekhar Gupta.

Twitter labels BBC as 'government-funded media'

Twitter labels BBC as 'government-funded media'

Rediff.com10 Apr 2023

The taxpayer-funded licence fee supported UK media corporation said it has contacted the social media giant over the designation on its @BBC account to resolve the issue "as soon as possible".

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

Trump signs executive order to 'eliminate' Education Dept

Trump signs executive order to 'eliminate' Education Dept

Rediff.com21 Mar 2025

Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.

Deshmukh told me extorted funds routed to Maha NCP chief: Ex-cop Param Bir

Deshmukh told me extorted funds routed to Maha NCP chief: Ex-cop Param Bir

Rediff.com13 Aug 2024

Singh asserted that Deshmukh set a staggering collection target of Rs 100 crore for his officers, specifically from Mumbai, while also discussing plans to target key opposition figures, including former Chief Minister Devendra Fadnavis of the Bharatiya Janata Party.

Mulayam comes clear on birthday celebrations, says no public funds were spent

Mulayam comes clear on birthday celebrations, says no public funds were spent

Rediff.com23 Nov 2014

With his "extravagant" birthday celebrations drawing flak and questions being raised on the source of funds, Samajwadi Party supremo Mulayam Singh Yadav on Sunday asserted that state money was not spent on the celebrations and dubbed those making it an issue as "ignorant".

'Stop some poll guarantees': K'taka Cong MLA draws ire

'Stop some poll guarantees': K'taka Cong MLA draws ire

Rediff.com26 Nov 2024

The ruling party MLA from Vijayanagara suggested that the election guarantees have made it difficult to provide houses to the poor in the state.

Sebi board decides to tighten SME IPO norms and more

Sebi board decides to tighten SME IPO norms and more

Rediff.com19 Dec 2024

The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.

'Don't Compel Us To Study Hindi!'

'Don't Compel Us To Study Hindi!'

Rediff.com17 Mar 2025

'We are not opposed to any Indian language. We are against Hindi imposition.'

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

Rediff.com30 Dec 2024

The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024 on the back of falling slippages and steady credit demand. The RBI also flagged concern over a sharp rise in write-offs, especially among private sector banks (PVBs), which could be partly masking worsening asset quality in unsecured lending segment and dilution in underwriting standards.

'Blaming India Is Pakistan's Go-To Excuse'

'Blaming India Is Pakistan's Go-To Excuse'

Rediff.com25 Mar 2025

'Neither are Baloch insurgents capable of breaking up Pakistan, nor has Pakistan learned any lessons from the 1971 debacle that led to the country's dismemberment.'

Verma to make public major PF defaulters

Verma to make public major PF defaulters

Rediff.com27 Jun 2003

The Union Labour Minister Sahib Singh Verma said on Friday that he would soon make public the names and other details of the major provident fund defaulters.

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Govt to provide PF subsidy for 4 million jobs lost during pandemic

Govt to provide PF subsidy for 4 million jobs lost during pandemic

Rediff.com4 Dec 2020

Under the Atmanirbhar Bharat Rozgar Yojana announced by the Centre to incentivise formal sector job creation, all 'new employees', who were never a part of the EPF system in the past, and those who made an exit from employment during the Covid-19 pandemic from March 1, 2020, to September 30, 2020, will be eligible for the benefit.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

Good news! Interest rate on PPF, NSC, post office savings hiked

Good news! Interest rate on PPF, NSC, post office savings hiked

Rediff.com11 Nov 2011

The government has hiked the interest rate on Public Provident Fund account (PPF) to 8.6 per cent from 8 per cent. The investment ceiling has been raised to Rs 1 lakh a year.

Govt to provide sufficient funds to recapitalise banks: FM

Govt to provide sufficient funds to recapitalise banks: FM

Rediff.com29 Mar 2016

Jaitley said that the banks have to play an important role in achieving the higher growth rate.

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Rediff.com26 Sep 2024

Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Rediff.com29 Feb 2024

The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.

Your next star might come from public ground: HC tells BCCI

Your next star might come from public ground: HC tells BCCI

Rediff.com4 Jul 2022

The bench was hearing a Public Interest Litigation (PIL) filed by Bombay HC lawyer

Info on parties funding essential for voters, rules SC in electoral bonds case

Info on parties funding essential for voters, rules SC in electoral bonds case

Rediff.com15 Feb 2024

Holding that the electoral bonds scheme was not fool-proof, the Supreme Court said on Thursday that information about funds received by a political party is essential for voters to exercise their freedom to vote effectively.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

Yogi holds cabinet meet at Maha Kumbh, takes holy dip at Sangam

Yogi holds cabinet meet at Maha Kumbh, takes holy dip at Sangam

Rediff.com22 Jan 2025

The Cabinet meeting and the holy dip comes on a day that marks the first anniversary of the consecration ceremony of the Ram temple in Ayodhya.

What the revised Direct Tax Code offers

What the revised Direct Tax Code offers

Rediff.com16 Jun 2010

EEE continues for PF, life insurance and NPS; capital gains from stocks, equity funds may become a part of ordinary income.

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

All you wanted to know about EPF and PPF

All you wanted to know about EPF and PPF

Rediff.com7 Feb 2011

PPF is a typical savings tool but one has to invest for the long term. This means there is an asset-class mismatch.

Why it makes sense to invest in small savings schemes

Why it makes sense to invest in small savings schemes

Rediff.com4 Oct 2018

Those willing to take a higher risk for higher returns can look at AAA-rated non-convertible debentures from reputed issuers.

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Rediff.com30 Sep 2024

Union minister Nitin Gadkari has said the Maharashtra government's Ladki Bahin scheme, introduced to provide financial assistance to women, could affect the timely payment of subsidies in other sectors.

Kejriwal predicts how many seats AAP will win in Delhi poll

Kejriwal predicts how many seats AAP will win in Delhi poll

Rediff.com3 Feb 2025

The party had won 67 seats in the 2025 assembly polls and 62 in the 2020 elections.

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

Breaking the vault: Will MSCI grant HDFC Bank access?

Breaking the vault: Will MSCI grant HDFC Bank access?

Rediff.com17 Apr 2024

HDFC Bank's latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.

Kerala nurse faces execution in Yemen despite blood money payment

Kerala nurse faces execution in Yemen despite blood money payment

Rediff.com2 Jan 2025

Nimisha Priya, an Indian nurse sentenced to death in Yemen for the alleged murder of a Yemeni national, faces imminent execution despite the payment of blood money. Despite the lack of bilateral ties between India and war-torn Yemen, family members and human rights activists are clinging to hope for a last-minute pardon. The family has raised funds through a crowdfunding campaign to cover legal fees and negotiations, and is prepared to pay any additional amount required. However, the execution order received presidential approval despite ongoing proceedings, leaving little time for intervention. Priya's family is burdened by debt and seeks urgent support from the Indian government to save her life.

Could Adani Settle With US Accusers?

Could Adani Settle With US Accusers?

Rediff.com23 Nov 2024

Though a settlement will provide respite from a long legal battle, legal experts say it may create a perception of guilt.

'Second Coming' For TN's Autonomy Panel, But...

'Second Coming' For TN's Autonomy Panel, But...

Rediff.com18 Apr 2025

Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.