News for 'Scheme Information Document'

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Rediff.com6 Mar 2023

Confirming a meeting with the top management of the Adani Group, Life Insurance Corporation Chairman M R Kumar said on Sunday that the interaction had gone well. "There's nothing I can state as of now on the outcome of that meeting. "But yeah, we've had the meeting....we are quite happy about this meeting," Kumar said on the sidelines of the 22nd Global Conference of Actuaries in New Delhi.

Not one Maharashtra border village will go to Karnataka: Fadnavis

Not one Maharashtra border village will go to Karnataka: Fadnavis

Rediff.com23 Nov 2022

Maharashtra Deputy Chief Minister Devendra Fadnavis on Wednesday said no village in Maharashtra has sought merger with Karnataka recently, and there is no question of any border village "going anywhere".

EC wants parties to give info on financial viability of poll promises

EC wants parties to give info on financial viability of poll promises

Rediff.com4 Oct 2022

Amid a debate on the freebies, the Election Commission on Tuesday proposed amending the model code to ask political parties to provide authentic information to voters on the financial viability of their poll promises.

Will Renaming India Change Our Lives?

Will Renaming India Change Our Lives?

Rediff.com26 Oct 2023

Debates on changing the name of India to Bharat continue to spark a crisis of identity without answering moot questions that stare us in the face. Ramesh Menon asks a few of those questions that do not have easy answers.

Coming Soon: Cibil-Like Rating For Drivers

Coming Soon: Cibil-Like Rating For Drivers

Rediff.com27 Feb 2023

The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

US-based research firm alleges 'brazen' fraud by Adani; company calls it malicious, baseless

US-based research firm alleges 'brazen' fraud by Adani; company calls it malicious, baseless

Rediff.com25 Jan 2023

Well-known US activist investor Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale. Hindenburg, a US-based investment research firm that specialises in activist short-selling, said its two-year investigation reveals that "the Rs 17.8 trillion ($218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades." The report comes ahead of a Rs 20,000 crore follow-on share sale of Adani Group's flagship Adani Enterprises.

Army notifies Agnipath recruitment, here are the details

Army notifies Agnipath recruitment, here are the details

Rediff.com20 Jun 2022

The Army said 'Agniveers' would form a distinct rank in the Indian Army, which would be different from any other existing ranks.

Old Vs New Tax Regime: Which's Better?

Old Vs New Tax Regime: Which's Better?

Rediff.com16 Feb 2023

Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.

India's future is being held back by Adani Group: Hindenburg

India's future is being held back by Adani Group: Hindenburg

Rediff.com30 Jan 2023

US short seller Hindenburg Research has rejected Adani Group's charge that its report was an attack on India, saying a "fraud" cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations. Commenting on the 413-page response Adani Group released late on Sunday evening in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot". Hindenburg stood by its last week's report that said its two-year investigation found Adani Group "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".

Revamping your MF portfolio? What you must keep in mind

Revamping your MF portfolio? What you must keep in mind

Rediff.com13 Apr 2018

Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.

Jolt to Centre as SC stays demolition of 200 jhuggis in Delhi

Jolt to Centre as SC stays demolition of 200 jhuggis in Delhi

Rediff.com25 Apr 2022

The interim stay on demolition, granted by the Delhi high court earlier, was ending on Monday.

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Rediff.com1 Feb 2023

The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.

In Gujarat, BJP promises anti-radicalisation cell, Uniform Civil Code implementation

In Gujarat, BJP promises anti-radicalisation cell, Uniform Civil Code implementation

Rediff.com26 Nov 2022

It also assured that the amount of medical insurance coverage under the Ayushman Bharat scheme would be doubled from Rs 5 lakh to Rs 10 lakh.

The Power Of The Law... And Hope

The Power Of The Law... And Hope

Rediff.com29 May 2023

Sirf Ek Banda Kaafi Hai reminds us that we haven't run out of instances where even the most vulnerable can secure justice against the mighty, applauds Utkarsh Mishra.

US court sentences Indian to 3 years in jail for call centre fraud

US court sentences Indian to 3 years in jail for call centre fraud

Rediff.com18 Mar 2021

An Indian national from Gurgaon has been sentenced to three years in federal imprisonment on charges of call centre fraud that intended to cheat Americans of millions of dollars, a US attorney said.

Adani says examining legal options against Hindenburg

Adani says examining legal options against Hindenburg

Rediff.com26 Jan 2023

A day after Adani Group's shares took a beating as Hindenburg Research made damaging allegations against it, the group on Thursday said it is examining legal options to take "punitive action" against the US activist investor for its "reckless" attempt to sabotage a share-sale at the conglomerate's flagship firm. "The maliciously mischievous, unresearched report published by Hindenburg Research on January 24, 2023 has adversely affected the Adani Group, our shareholders and investors. "The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for Indian citizens," the group's lead head Jatin Jalundhwala said in a statement.

Rishi Sunak under pressure as minister resigns amid bullying row

Rishi Sunak under pressure as minister resigns amid bullying row

Rediff.com9 Nov 2022

Sunak said he accepted Williamson's resignation "with great sadness" and thanked him for his "personal support and loyalty".

'Investing is a loser's game'

'Investing is a loser's game'

Rediff.com5 Jul 2023

'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'

The many shortcomings of Aadhaar

The many shortcomings of Aadhaar

Rediff.com14 Apr 2022

Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.

'Fighting corruption is like a second freedom struggle'

'Fighting corruption is like a second freedom struggle'

Rediff.com5 Nov 2018

'We have to rise over our divisions.' 'Divisions within us allow unscrupulous politicians to divert attention from issues like corruption and governance.'

Ask Tax Guru: Your IT Queries Answered

Ask Tax Guru: Your IT Queries Answered

Rediff.com18 Apr 2022

Amit Gupta, MD, Sag Infotech, answers your personal income tax queries.

Modi launches Jan Dhan scheme, 1.5 cr bank accounts opened

Modi launches Jan Dhan scheme, 1.5 cr bank accounts opened

Rediff.com28 Aug 2014

Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.

Do you have personal income tax queries?

Do you have personal income tax queries?

Rediff.com27 Oct 2020

Filing your tax returns may seem like a lot of paperwork, but it is swift and smooth once you start with a clear plan, says Anil Rego.

Franklin Templeton AMC's senior officials, trustee fined

Franklin Templeton AMC's senior officials, trustee fined

Rediff.com14 Jun 2021

Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.

How to beat rising interest rates and save tax

How to beat rising interest rates and save tax

Rediff.com21 Feb 2018

What are FMPs and should you invest in them?

Ask MF Guru: 'Am I investing right?'

Ask MF Guru: 'Am I investing right?'

Rediff.com18 Mar 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Police raids home of Karachi suicide bomber's father

Police raids home of Karachi suicide bomber's father

Rediff.com28 Apr 2022

Pakistani security forces on Thursday raided the house of the father of the woman suicide bomber from Baloch Liberation Army (BLA) who blew herself up in Karachi University that killed three Chinese teachers and injured another.

Ponniyin Selvan: 1 Review: AWESOME!

Ponniyin Selvan: 1 Review: AWESOME!

Rediff.com30 Sep 2022

Watch this dream come true for Mani Ratnam and cinema on the largest screen possible, insists Sukanya Verma. Ponniyin Selvan: 1 Review

Full text: President's address to the nation on the eve of Republic Day 2023

Full text: President's address to the nation on the eve of Republic Day 2023

Rediff.com25 Jan 2023

Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.

No jail time for former TVU students

No jail time for former TVU students

Rediff.com3 May 2021

Four students of Indian origin have been served probation sentence and community service.

Can closed-end funds choke your portfolio?

Can closed-end funds choke your portfolio?

Rediff.com27 Sep 2018

One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.

How to invest in mutual funds: A beginner's guide

How to invest in mutual funds: A beginner's guide

Rediff.com18 May 2019

While investing in mutual funds, it is essential that you focus on the turnover rate percentage of a mutual fund, which is bought and sold every year.

No decision on countrywide roll-out of NRC: MHA to Parl panel

No decision on countrywide roll-out of NRC: MHA to Parl panel

Rediff.com2 Feb 2021

The Centre has not taken any decision on the roll-out of the National Register of Citizens (NRC) for the whole country, the Ministry of Home Affairs has told a parliamentary panel.

CBI, ED turn to tech-driven investigations to nail offenders amid Covid-19

CBI, ED turn to tech-driven investigations to nail offenders amid Covid-19

Rediff.com26 May 2021

The two central premier investigative agencies - Central Bureau of Investigation and Enforcement Directorate - have asked their officials to focus more on digital evidence, e-forums and social media to crack down on offenders. These are a crucial part of prosecution amid the second wave of the pandemic. The Income Tax Department is going full throttle on data analytics to issue notices in time-bound cases. Further, sleuths have been given electronic devices including laptops with secure connections, which keep data encrypted and inaccessible.

Available in January 2015: Modi govt's feats in e-book format

Available in January 2015: Modi govt's feats in e-book format

Rediff.com4 Dec 2014

With an eye on empowering the underprivileged by efficient and intelligent use of social media and creating awareness about the assistance available from the government, Prime Minister Narendra Modi has asked his ministers to list the achievements of their respective departments and ministries in an e-book format before December 31, 2014.

'GST collections will be Rs 1.3 TRILLION'

'GST collections will be Rs 1.3 TRILLION'

Rediff.com6 Jul 2022

'We revolutionised the system in a manner so that the chances of leakage will be much lower than it was in the beginning.'

SC rejects plea to stay sale of electoral bonds ahead of state polls

SC rejects plea to stay sale of electoral bonds ahead of state polls

Rediff.com26 Mar 2021

The Supreme Court on Friday dismissed a plea seeking stay on further sale of electoral bonds ahead of assembly elections.

Cabinet nod for Rs 1 lakh crore agri-infra fund

Cabinet nod for Rs 1 lakh crore agri-infra fund

Rediff.com8 Jul 2020

The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.

US wanted China to intervene against India in 1971 War

US wanted China to intervene against India in 1971 War

Rediff.com16 Dec 2021

On December 10, Kissinger began to encourage the Chinese to take action against India: 'If the People's Republic were to consider the situation on the Indian subcontinent a threat to security, and if it took measures to protect its security, the US would oppose efforts of others to interfere with the People's Republic.' On the 50th anniversary of India's greatest military victory, Claude Arpi recalls how the US suggested that China intervene militarily on Pakistan's side.