News for 'Public Provident Fund'

Ministry moots corporate funding for zoos

Ministry moots corporate funding for zoos

Rediff.com6 Dec 2011

The Union Ministry of Environment and Forests has mooted corporate funding of zoos and recruitment of volunteers to give a fillip to Indian zoos, on the lines of the foreign zoos, to make them a great attraction for tourists.

Nirbhaya Fund gets additional Rs 1,000 crore in interim Budget

Nirbhaya Fund gets additional Rs 1,000 crore in interim Budget

Rediff.com17 Feb 2014

The Cabinet has already cleared two proposals that will receive support from the fund.

Will quit politics if charges against wife proved: Himanta

Will quit politics if charges against wife proved: Himanta

Rediff.com14 Sep 2023

Gogoi and Sarma have been locked in a war of words on 'X' since Wednesday on the issue of the chief minister's wife's company allegedly being given a credit subsidy of Rs 10 crore.

Sebi's daily transfer diktat to further pinch brokers

Sebi's daily transfer diktat to further pinch brokers

Rediff.com7 Feb 2023

The Securities and Exchange Board of India (Sebi) has proposed measures mandating daily upstreaming of all investor funds from stockbrokers to clearing corporations (CCs). The step, aimed at reducing risk on client funds, will further deplete brokers' revenues as they will lose interest income with transfers being done daily. At present, stockbrokers convert the surplus funds into bank guarantees (BG) or fixed deposit (FD) receipts which earns them extra income.

Lessons to revive the public sector banks

Lessons to revive the public sector banks

Rediff.com2 Mar 2016

The need to allow government shareholding in public sector banks to come down below 51 per cent

Who Fared Better On Economy? Modi Or Manmohan

Who Fared Better On Economy? Modi Or Manmohan

Rediff.com15 Feb 2024

Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.

Nasscom plans Rs 100 crore innovation fund

Nasscom plans Rs 100 crore innovation fund

Rediff.com26 Jul 2007

The fund will have a corpus of Rs 100 crore (Rs 1 billion), which could be increased to Rs 150-200 crore (Rs 1.5 to Rs 2 billion) in the next two years.

PM's photo, national flag, emblem can be used for PM CARES: PMO tells HC

PM's photo, national flag, emblem can be used for PM CARES: PMO tells HC

Rediff.com18 Jan 2022

In an affidavit submitted before a division bench of Chief Justice Dipankar Datta and Justice M S Karnik, PMO Under Secretary Pradeep Srivastava said the PM's photograph, name and national emblem were also used in the Prime Minister's National Relief Fund (PMNRF).

Why the Indian middle-class need to pay more tax

Why the Indian middle-class need to pay more tax

Rediff.com7 Mar 2016

When the state is unable to provide adequately for the bottom half of the population, should it be giving tax benefits to the well-off?

North America's first Gandhi museum opens in Houston

North America's first Gandhi museum opens in Houston

Rediff.com6 Oct 2023

The Eternal Gandhi Museum is the only Gandhi-related museum in the United States, dedicated to Gandhi, to preserve and promote his ever-lasting legacy of nonviolent conflict resolution.

How you can get up to Rs 7 lakh+ tax exemption

How you can get up to Rs 7 lakh+ tax exemption

Rediff.com18 Jan 2017

Salaried employees get several benefits under Sections 80C, 80D, 80G and others.

Maratha quota activist Jarange ends hunger strike on 17th day after meeting Shinde

Maratha quota activist Jarange ends hunger strike on 17th day after meeting Shinde

Rediff.com14 Sep 2023

Shinde announced that his government is committed to providing reservation to the Maratha community.

'How to make Rs 60 lakhs grow quickly?'

'How to make Rs 60 lakhs grow quickly?'

Rediff.com9 Nov 2023

rediffGURU and financial planning expert Colonel Sanjeev Govila will answer your personal finance-related questions.

Got a job? Invest, but avoid these mistakes

Got a job? Invest, but avoid these mistakes

Rediff.com12 Mar 2019

Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.

DRDO Biggest Hindrance To Atmanirbharta In Defence

DRDO Biggest Hindrance To Atmanirbharta In Defence

Rediff.com26 Mar 2024

DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).

8% savings bonds scheme not closed, but interest rate lowered

8% savings bonds scheme not closed, but interest rate lowered

Rediff.com3 Jan 2018

The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.

NSE arm launches India's 1st REITs and InvITs index

NSE arm launches India's 1st REITs and InvITs index

Rediff.com11 Apr 2023

NSE Indices Ltd, an arm of the National Stock Exchange (NSE), on Tuesday launched the country's first-ever Real Estate Investment Trusts and Infrastructure Investment Trusts index -- Nifty REITs and InvITs Index. The index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE, the exchange said in a statement. A real estate investment trust (REIT) or an infrastructure investment trust (InvIT) is an investment vehicle that owns revenue-generating real estate or infrastructure assets.

Finfluencers: Real Or Fake Experts?

Finfluencers: Real Or Fake Experts?

Rediff.com27 Jul 2023

A mass fan following or a large number of views on a YouTube channel can't possibly constitute 'credentials'.

U'khand to deploy BRO team in Joshimath for smooth Char Dham Yatra

U'khand to deploy BRO team in Joshimath for smooth Char Dham Yatra

Rediff.com21 Feb 2023

A Border Roads Organisation team will be stationed in Joshimath to monitor the yatra on a day-to-day basis and ensure immediate treatment of cracks on roads or any other problem that might arise, the chief minister said.

Time to create mother of all mutual funds

Time to create mother of all mutual funds

Rediff.com7 Dec 2017

The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.

$1.2-billion loan dispute: Byju's legal battle worries key investor

$1.2-billion loan dispute: Byju's legal battle worries key investor

Rediff.com12 Jun 2023

The legal battle between Byju's and lenders in the US on the edtech firm's $1.2-billion term loan B (TLB), along with the company skipping an interest payment of $40 million on the loan, has made the other investor Davidson Kempner Capital Management, "extremely concerned", according to the people familiar with the matter. They said Byju's has closed a Rs 2,000-crore ($250 million) round from the US-based investment firm and it may stop or consider slowing down the flow of various tranches of that capital to the company. It may also decide not to provide any new funding or participate in any such round in the future, the sources said.

Protests against new PF rules turn violent in Bengaluru

Protests against new PF rules turn violent in Bengaluru

Rediff.com19 Apr 2016

At least two Karnataka State Road Transport Corporation buses and one of Bengaluru Metropolitan Transport Corporation have been set on fire, they said.

The Crisis at India's public sector banks

The Crisis at India's public sector banks

Rediff.com26 Feb 2018

The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

Want to invest? Look at NSC

Want to invest? Look at NSC

Rediff.com7 May 2019

NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity.

10 popular ways to save tax

10 popular ways to save tax

Rediff.com21 Mar 2018

Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula

Chandrababu Naidu gets regular bail in Skill Development Corpn case

Chandrababu Naidu gets regular bail in Skill Development Corpn case

Rediff.com20 Nov 2023

The court converted Naidu's four-week interim medical bail in this case into absolute bail and ordered the former chief minister's release on regular bail, considering his age, old age-related ailments, non-flight risk and other reasons.

2024 Interim Budget: Mistakes Nirmalaji Can Avoid

2024 Interim Budget: Mistakes Nirmalaji Can Avoid

Rediff.com11 Oct 2023

Pre-Budget excercise next month should scrupulously avoid adventurism of all types and refrain from making excessively ambitious projections on revenue and expenditure numbers for 2023-24, suggests A K Bhattacharya.

Saudi wealth fund's Rs 11,367 cr cheque for RIL

Saudi wealth fund's Rs 11,367 cr cheque for RIL

Rediff.com18 Jun 2020

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.

Ford Foundation officer connived with Sabrang for fund grant: CBI

Ford Foundation officer connived with Sabrang for fund grant: CBI

Rediff.com3 Feb 2017

The chargesheet also said they did not maintain exclusive books of account for receipt of foreign contribution and Sabrang could not produce segregated books of accounts for checking.

'Aim to make FAME scheme more transparent'

'Aim to make FAME scheme more transparent'

Rediff.com14 Apr 2023

'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'

Alternatives to China: Vietnam, India slug it out for semiconductor investments

Alternatives to China: Vietnam, India slug it out for semiconductor investments

Rediff.com16 Oct 2023

India and Vietnam are vying with each other to woo semiconductor companies to their country. With the tension between the US and China escalating, and Taiwan getting vulnerable both countries are trying to present themselves as alternative destinations for global players. Vietnam, which started the effort as early as 2010, has got a leg-up after US President Joe Biden's visit last month.

Doc, cop among 4 J-K employees sacked for terror links

Doc, cop among 4 J-K employees sacked for terror links

Rediff.com22 Nov 2023

In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

'Banking system has learnt lessons from 2008 crisis'

'Banking system has learnt lessons from 2008 crisis'

Rediff.com15 Mar 2024

'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'

Will Odisha Show Faith In Naveen Patnaik Again?

Will Odisha Show Faith In Naveen Patnaik Again?

Rediff.com11 Mar 2024

The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.

PPF, post office savings interest rates may fall

PPF, post office savings interest rates may fall

Rediff.com29 Sep 2015

Banks have been reluctant to transmit the entire policy rate cut by RBI to borrowers.

Trump halts funding to WHO, says it failed in basic duty

Trump halts funding to WHO, says it failed in basic duty

Rediff.com15 Apr 2020

The Trump administration has accused WHO of taking side with China in the coronavirus outbreak that has brought America's economy to a standstill.