News for 'Revising Committee'

'The State must be more tolerant of dissent than it is now'

'The State must be more tolerant of dissent than it is now'

Rediff.com2 Jun 2023

'Nearly 13,000 individuals have been charged for sedition since 2010.' 'If the Supreme Court stay ever gets vacated, arrests will follow immediately.'

Why South India Is Unhappy With Modi

Why South India Is Unhappy With Modi

Rediff.com20 Feb 2024

On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.

Poll expenditure caps for candidates hiked ahead of assembly elections

Poll expenditure caps for candidates hiked ahead of assembly elections

Rediff.com6 Jan 2022

The election expenditure limit for candidates has been hiked to Rs 95 lakh from Rs 70 lakh for Lok Sabha elections and to Rs 40 lakh from Rs 28 lakh for assembly polls, the Election Commission said on Thursday citing a law ministry notification.

'Can't hide behind...': Yadav, Palshikar to NCERT

'Can't hide behind...': Yadav, Palshikar to NCERT

Rediff.com10 Jun 2023

The National Council for Educational Research and Training (NCERT), however, said the withdrawal of anyone's association is out of question as textbooks at the school level are developed on the basis of knowledge and understanding on a given subject and at no stage, individual authorship is claimed.

Asian Games: Major controversies that rocked India!

Asian Games: Major controversies that rocked India!

Rediff.com20 Sep 2023

Here are some of the controversies, which cast a shadow on Indian sport as the athletes prepared for the Asian Games.

RCap lenders allowed to go for another round of bidding

RCap lenders allowed to go for another round of bidding

Rediff.com2 Mar 2023

The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing insolvency process. A two-member bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and call for a higher bid. The appellate tribunal permitted the CoC to continue with the challenge mechanism and invite bids after two weeks.

Unruffled By Pitch, RBI Governor Bats Like Dravid

Unruffled By Pitch, RBI Governor Bats Like Dravid

Rediff.com19 Dec 2023

While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Jul 2023

The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.

'Link PSU pay to performance'

'Link PSU pay to performance'

Rediff.com2 Jun 2008

The second central public sector units (PSU) pay revision committee report has suggested a new classification of state-owned companies linking salaries and remuneration to productivity and performance.

Govt to introduce Delhi services bill in LS on Tuesday

Govt to introduce Delhi services bill in LS on Tuesday

Rediff.com31 Jul 2023

The Delhi services bill which seeks to replace an ordinance that mandated the creation of an authority for transfers and postings of senior officers in the Delhi government is listed for introduction in the Lok Sabha on Tuesday.

Ghulam Nabi Azad declines Sonia Gandhi's offer to lead J-K campaign

Ghulam Nabi Azad declines Sonia Gandhi's offer to lead J-K campaign

Rediff.com17 Aug 2022

Congress president Sonia Gandhi Tuesday appointed former Jammu and Kashmir chief minister Ghulam Nabi Azad as the party's campaign committee chief in the union territory, but he declined the offer.

Pahlaj Nihalani: 'I will see Mr Prasoon Joshi in court'

Pahlaj Nihalani: 'I will see Mr Prasoon Joshi in court'

Rediff.com9 Nov 2018

'Everybody knows about Prasoon Joshi's friendship with Aamir Khan.' 'No one is surprised that Thugs Of Hindostan was given an all-clear censor certification out of turn.'

Now, CBI summons Kejriwal for questioning; AAP cries foul

Now, CBI summons Kejriwal for questioning; AAP cries foul

Rediff.com14 Apr 2023

Kejriwal has been asked to be present at the agency headquarters at 11 am to answer queries of the investigating team.

Air India bans peeing incident accused for 4 months

Air India bans peeing incident accused for 4 months

Rediff.com19 Jan 2023

An airline official said the ban is with immediate effect and is in addition to the 30-day ban it had imposed on the individual earlier.

HC dismisses govt appeal accusing Reliance of 'fraud'

HC dismisses govt appeal accusing Reliance of 'fraud'

Rediff.com9 May 2023

The Delhi high court has rejected a government challenge to an arbitration panel award that had ruled in favour of Reliance Industries Ltd in a dispute over gas migration from fields operated by state-owned ONGC in the KG basin. The government had slapped a provisional penalty of $1.55 billion on Reliance for "unjust enrichment" from gas migrating from the ONGC-operated KG-D5 block to the private firm's adjoining KG-D6 area. It had sought $175 million in additional profit petroleum from Reliance and its UK partner BP Plc.

Pahlaj Nihalani ko gussa kyon aata hain

Pahlaj Nihalani ko gussa kyon aata hain

Rediff.com27 Feb 2017

'We've no objections to women wearing lipstick under a burqa. But the film shows these women doing unmentionable things,'

Benefits of ATM cassette-swaps

Benefits of ATM cassette-swaps

Rediff.com10 Apr 2023

The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.

UBS sees inflation overshooting RBI target by 60 bps this quarter to 6.8%

UBS sees inflation overshooting RBI target by 60 bps this quarter to 6.8%

Rediff.com13 Sep 2023

Analysts are divided on their retail price inflation forecast, with some saying the first quarter numbers will overshoot the RBI target by as much as 60 bps while others are softer in their estimate. Consumer price inflation retreated from its 15-month peak of 7.4 per cent in July to 6.8 per cent in August, much lower than the market expectations, despite vegetable prices remaining elevated at 26.1 per cent. Food inflation eased to 9.9 per cent from 11.5 per cent, led by some cooling of inflation in vegetables, cereals, pulses and milk.

Deloitte flags 3 Adani Port transactions; contractor named in Hindenburg report

Deloitte flags 3 Adani Port transactions; contractor named in Hindenburg report

Rediff.com31 May 2023

Auditor Deloitte flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.

Salary windfall for PSU staff soon

Salary windfall for PSU staff soon

Rediff.com31 May 2008

Over 210,000 executives in estimated 240 central public sector undertakings are in for a bonanza with a pay revision committee recommending a massive hike in their annual cost-to-company. The hike ranges between 379 per cent at the highest level and 57 per cent at the lowest across companies and levels.

RBI keeps repo rate and FY24 GDP growth forecast unchanged at 6.5%

RBI keeps repo rate and FY24 GDP growth forecast unchanged at 6.5%

Rediff.com8 Jun 2023

The Reserve Bank of India on Thursday opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent as inflation moderates. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5 per cent.

Gyanvapi case: SC to hear Muslim side's plea against HC order

Gyanvapi case: SC to hear Muslim side's plea against HC order

Rediff.com18 May 2023

The Supreme Court agreed to hear on Friday a plea challenging the Allahabad high court order of conducting a 'scientific survey', including carbon dating, to determine the age of a 'Shivling' which was said to have been found at the Gyanvapi mosque complex in Varanasi.

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

OROP panel report can't be enforced as statement of govt policy: SC

OROP panel report can't be enforced as statement of govt policy: SC

Rediff.com16 Mar 2022

The apex court said there is no legal mandate that pensioners who held the same rank must be given the same amount of pension as it upheld the Centre's decision to give OROP in defence forces.

Fitch retains India growth forecast at 7% for FY23, cuts projections for next 2 yrs

Fitch retains India growth forecast at 7% for FY23, cuts projections for next 2 yrs

Rediff.com6 Dec 2022

Fitch Ratings on Tuesday retained India's economic growth forecast at 7 per cent for the current fiscal, but cut projections for the next two financial years saying the country is not impervious to global developments. In its December edition of the Global Economic Outlook, Fitch projected India's GDP to grow at 7 per cent in the current fiscal, at a slower rate of 6.2 per cent in 2023-24 and at 6.9 per cent in 2024-25. In September, Fitch projected 7 per cent growth for the current fiscal, followed by 6.7 per cent in 2023-24 and 7.1 per cent growth in 2024-25.

Independent valuers give Rs 13,000 crore liquidation value for Reliance Capital

Independent valuers give Rs 13,000 crore liquidation value for Reliance Capital

Rediff.com1 Dec 2022

Independent valuers have given a liquidation value of up to Rs 13,000 crore for Reliance Capital, sources said. The Reliance Capital administrator, in the Committee of Creditors (CoC) meeting held on Wednesday, presented the valuation reports of the independent valuers - Duff & Phelps and RBSA, to the lenders. According to sources, independent valuers Dufff & Phelps and RBSA have given a liquidation value of around Rs 13,000 crore for Reliance Capital (RCAP).

Pause now, lower later: Repo rate cuts may start by year-end

Pause now, lower later: Repo rate cuts may start by year-end

Rediff.com18 Apr 2023

Higher for longer' may be the narrative in the developed markets, but interest rates might not stay high for very long in India, with a section of the market expecting rate cuts to begin this year. The six-member Monetary Policy Committee of Reserve Bank of India (RBI) decided to keep interest rates unchanged at 6.5 per cent in the April review - after hiking the policy repo rate in six previous meetings. RBI Governor Shaktikanta Das emphasised that the pause was only for the April policy and that the central bank was ready to act if the situation demanded.

FIH happy with new draft of HI constitution

FIH happy with new draft of HI constitution

Rediff.com29 Aug 2022

The FIH also stated that the draw of the Men's Hockey World Cup, to be hosted jointly by Bhubaneswar and Rourkela from January 13 to 29 next year, will take place as per schedule on September 8.

Cuts in textbooks arbitrary, drop our names, Palshikar, Yadav tell NCERT

Cuts in textbooks arbitrary, drop our names, Palshikar, Yadav tell NCERT

Rediff.com10 Jun 2023

Palshikar and Yadav, who were chief advisors for the original Political Science books for classes 9 to 12, said, "While the modifications have been justified in the name of rationalisation, we fail to see any pedagogic rationale at work here. We find that the text has been mutilated beyond recognition. There are innumerable and irrational cuts and large deletions without any attempts to fill the gaps created.

Gupkar to take non-locals as voters issue to people

Gupkar to take non-locals as voters issue to people

Rediff.com17 Oct 2022

Masoodi said all the participants are against giving voting rights to non-locals as "it will be tantamount to the disenfranchisement of the local voters."

SC defers scientific survey of 'Shivling' at Gyanvapi till next hearing

SC defers scientific survey of 'Shivling' at Gyanvapi till next hearing

Rediff.com19 May 2023

The Allahabad high court on May 12 ordered determination of the age of the structure claimed to be 'Shivling' using modern technology.

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

Rediff.com23 Mar 2023

The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.

HC on Udta Punjab: Censors need not to be overly critical

HC on Udta Punjab: Censors need not to be overly critical

Rediff.com10 Jun 2016

Justices S C Dharmadhikari and Shalini Phansalkar-Joshi said it will pass orders in the case on June 13 after it concluded hearing arguments on the petition filed by Phantom Films, producer of Udta Punjab, against an order of the revising committee of the Central Board of Film Certification that suggested changes in the film.

PM security breach: SC panel finds Ferozepur SSP at fault

PM security breach: SC panel finds Ferozepur SSP at fault

Rediff.com25 Aug 2022

A Supreme Court-appointed committee to probe the security breach during Prime Minister Narendra Modi's visit to Punjab in January has found that the Ferozepur Senior Superintendent of Police failed to discharge his duty though sufficient force was available.

Covid surge: K'taka makes face masks mandatory in indoor locations

Covid surge: K'taka makes face masks mandatory in indoor locations

Rediff.com22 Dec 2022

The government also decided to make face masks mandatory in closed spaces and airconditioned rooms.

HDFC hikes home loan rate; PNB ups MCLR

HDFC hikes home loan rate; PNB ups MCLR

Rediff.com1 Jun 2022

Mortgage lender HDFC Ltd on Wednesday announced an increase in its benchmark lending rate by 5 basis points (bps), a move that will make loans dearer for both existing and new borrowers. This is the third hike effected by HDFC in the last one month. "HDFC increases its Retail Prime Lending Rate (RPLR) on housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from June 1, 2022," the housing finance company said in a statement.

Now, Punjab-based NGO moves SC seeking stay on Udta Punjab

Now, Punjab-based NGO moves SC seeking stay on Udta Punjab

Rediff.com15 Jun 2016

The Udta Punjab row continues...

J-K admin denies including non-locals to voter list

J-K admin denies including non-locals to voter list

Rediff.com20 Aug 2022

The clarification was issued through an advertisement in local dailies after facing political backlash, including from parties perceived close to the government.

All India Football Federation elections on September 2

All India Football Federation elections on September 2

Rediff.com23 Aug 2022

The elections to the AIFF Executive Committee will be held on September 2 and aspiring candidates can file fresh nominations from August 25, the returning officer announced.

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Rediff.com30 Sep 2022

Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. The hike has been effected in their benchmark rate linked to the repo rate, which increased by half a percentage point to 5.9 per cent. Even financial institutions like mortgage lender HDFC Ltd hiked the lending rate by 50 basis points effective Saturday.