News for 'System of National Accounts'

50 Years Of Emergency: Banality Of Evil, And A Warning

50 Years Of Emergency: Banality Of Evil, And A Warning

Rediff.com26 Jun 2025

While India today is vastly different from the India of 1975, the need for vigilance against authoritarianism remains the same, asserts Utkarsh Mishra.

It's Time to Update Army Regiment Names

It's Time to Update Army Regiment Names

Rediff.com2 Jul 2025

>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

NCERT drops Mughals, Delhi Sultanate from Class 7 books, adds Maha Kumbh

NCERT drops Mughals, Delhi Sultanate from Class 7 books, adds Maha Kumbh

Rediff.com27 Apr 2025

The National Council of Educational Research and Training (NCERT) has removed all references to the Mughals and Delhi Sultanate from its class 7 textbooks. The new textbooks, released this week, have been designed in line with the new National Education Policy (NEP) and the National Curriculum Framework for School Education (NCFSE) 2023, which emphasize incorporating Indian traditions, philosophies, knowledge systems, and local context into school education. The textbooks now include new chapters on ancient Indian dynasties, sacred geography, and government initiatives like Make in India and Beti Bachao, Beti Padhao. The revamp has been met with criticism from opposition parties who equate it with "saffronisation."

Heavy rains lash coastal K'taka for third straight day, red alert issued

Heavy rains lash coastal K'taka for third straight day, red alert issued

Rediff.com26 May 2025

Heavy monsoon rains battered Karnataka's coastal belt for the third consecutive day on Monday, severely disrupting normal life in Dakshina Kannada district, prompting authorities to issue a red alert and deploy disaster response teams. A red alert indicates extremely heavy rainfall of over 20 cm in 24 hours, and will remain in force for the next five days, according to the India Meteorological Department (IMD). Several parts of Mangaluru city reported waterlogging and traffic snarls, while minor incidents of landslides were reported from hilly regions across the district. The district administration has directed schools and composite colleges to remain shut on 27 and 28 following the IMD issuing a red alert. Instructions were also issued to relocate residents living in vulnerable hillside and riverside areas to safer locations. The authorities have sought prompt action from the National Highways Authority of India (NHAI) following complaints of water intrusion in residential areas due to ongoing highway construction works.

'PCB's earning from Champions Trophy exceeds target'

'PCB's earning from Champions Trophy exceeds target'

Rediff.com8 Apr 2025

The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.

90% of women in police force serving as constables: Report

90% of women in police force serving as constables: Report

Rediff.com15 Apr 2025

A new report, "India Justice Report 2025", highlights the stark gender disparity in India's police force, with less than 1,000 women holding senior positions like Director-Generals and Superintendents of Police. Despite growing awareness about the need for gender diversity in law enforcement, not a single state or Union Territory has met its target for women's representation in the police force. The report also emphasizes the significant challenges faced by the justice system as a whole, including infrastructural deficiencies, overcrowding in prisons, and inadequate staffing levels. The report calls for systemic reforms to address these issues and ensure a more equitable and accessible justice system for all.

SC stops IAF from releasing Operation Sindoor officer

SC stops IAF from releasing Operation Sindoor officer

Rediff.com23 May 2025

The Supreme Court has directed the Indian Air Force not to release Wing Commander Nikita Pandey from service. Pandey, who participated in Operation Balakot and Operation Sindoor, was denied a permanent commission despite being an expert fighter controller. The court raised concerns about the uncertainty faced by Short Service Commission (SSC) officers who are denied permanent commissions after years of service. The court emphasized the need for a system to accommodate all suitable SSC officers in permanent commissions, highlighting the excellent performance of women officers. The court has ordered the IAF to consider Pandey's case in a second selection board and has postponed the hearing to August 6.

Pooja Rani to move to 70-kg category to revive career

Pooja Rani to move to 70-kg category to revive career

Rediff.com26 Mar 2025

Two-time Asian champion boxer Pooja Rani is contemplating a move down to the 70kg weight class as she targets a comeback for the 2028 Los Angeles Games.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Mumbai-Goa highway to be ready by June, no more toll booths: Gadkari

Mumbai-Goa highway to be ready by June, no more toll booths: Gadkari

Rediff.com15 Apr 2025

Union Minister for Road Transport and Highways Nitin Gadkari has announced that the long-delayed Mumbai-Goa highway will be completed by June this year. He also revealed that a new toll policy will be announced within the next 15 days, which will eliminate physical toll booths across the country. Gadkari attributed the delay in the highway project to legal disputes and land acquisition issues. He expressed confidence in India's infrastructural future, stating that the country's road infrastructure will be better than that of the United States in the next two years.

2 Women, 1 Boat & A Journey Around The World

2 Women, 1 Boat & A Journey Around The World

Rediff.com2 Jun 2025

'The Pacific crossing was the longest and toughest leg.' 'Temperatures dropped near zero and they navigated through two cyclones.'

Op Sindoor post: Pune Student released from jail

Op Sindoor post: Pune Student released from jail

Rediff.com28 May 2025

A 19-year-old Pune student, arrested for a social media post concerning Indo-Pak hostilities, has been released from jail after the Bombay high court granted her bail while rebuking the Maharashtra government for "ruining her life" and turning her into a "hardcore criminal".

Why Did IMF Loan Pakistan Money During War?

Why Did IMF Loan Pakistan Money During War?

Rediff.com6 Jun 2025

It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra.

Pahalgam: India ramps up efforts for UN listing of LeT front

Pahalgam: India ramps up efforts for UN listing of LeT front

Rediff.com15 May 2025

An Indian delegation met top officials of the United Nations Office of Counter-Terrorism (UNOCT) and Counter-Terrorism Committee Executive Directorate here even as New Delhi stepped up efforts to designate The Resistance Front, a Lashkar-e-Tayyaba proxy, as a UN-listed terror outfit for its alleged involvement in the Pahalgam attack.

Detained for Pahalgam attack, JK man jumps into river, drowns

Detained for Pahalgam attack, JK man jumps into river, drowns

Rediff.com5 May 2025

The body of a 22-year-old man was found in a river in Jammu and Kashmir's Kulgam district, sparking allegations that he was picked up by security forces for questioning after a terror attack. PDP leader Mehbooba Mufti, National Conference Lok Sabha member Aga Ruhullah Mehdi, and Jammu and Kashmir Minister Sakina Ittoo have demanded a judicial probe into the death of Imtiyaz Ahmad Magray.

Why So Much Hatred For English?

Why So Much Hatred For English?

Rediff.com21 Jul 2025

There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.

'Impractical, cheap stunt': Oppn on one nation, one poll

'Impractical, cheap stunt': Oppn on one nation, one poll

Rediff.com18 Sep 2024

Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.

US Visa Cancellations: Indians Hit Hardest

US Visa Cancellations: Indians Hit Hardest

Rediff.com19 Apr 2025

'If you follow the law, America offers opportunities. But those who violate the law will face the consequences.'

America is a nation of immigrants: Biden aid amid H-1b debate

America is a nation of immigrants: Biden aid amid H-1b debate

Rediff.com11 Jan 2025

Ahead of Trump's inauguration here on January 20, the debate on foreign guest workers visas for highly skilled professionals, the H-1B, has intensified which has literally created divisions in both the Democratic and the Republican parties.

'Strongest evidence' of life outside earth found

'Strongest evidence' of life outside earth found

Rediff.com17 Apr 2025

Researchers have detected hints of molecules known to be produced by marine organisms on the exoplanet K2-18 b, providing "the strongest evidence yet" of life outside the Solar System. While the discovery is exciting, more data is needed to confirm whether the molecules are indeed produced by life or through other chemical processes. The exoplanet, over 8.5 times as massive as Earth, lies 120 light-years from Earth and orbits the star 'K2-18'.

Did You Know What Defence Ministry Did This Year?

Did You Know What Defence Ministry Did This Year?

Rediff.com20 Jun 2025

India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.

Why Do We Believe Israel, And Not Iran?

Why Do We Believe Israel, And Not Iran?

Rediff.com20 Jun 2025

At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

The price of building India: Why cement remains in the 28% GST slab

The price of building India: Why cement remains in the 28% GST slab

Rediff.com7 May 2025

The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.

Can Bangladesh Become A Secular Nation?

Can Bangladesh Become A Secular Nation?

Rediff.com16 Aug 2024

Pakistan wanted to be constitutionally communal, India wanted to be secular but is communalising itself. All three nations share a penal code, but they have amended their laws to enable the State to specifically target minorities, points out Aakar Patel.

Indian EVMs tamper-proof: EC after US intel chief's remark

Indian EVMs tamper-proof: EC after US intel chief's remark

Rediff.com12 Apr 2025

The Congress demanded that the government and the Election Commission come clean on the EVM issue and urged the Supreme Court to take suo motu cognisance of the matter.

'IIFCL book can grow to Rs 4 trn by FY28'

'IIFCL book can grow to Rs 4 trn by FY28'

Rediff.com4 Jun 2025

'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'

Catalyst behind defence sector stocks regaining ground

Catalyst behind defence sector stocks regaining ground

Rediff.com24 Mar 2025

After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.

'Media Frenzy Has Ruined Justice Varma's Reputation'

'Media Frenzy Has Ruined Justice Varma's Reputation'

Rediff.com16 Apr 2025

'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'

Why Are Child TB Cases Rising?

Why Are Child TB Cases Rising?

Rediff.com17 Apr 2025

Children below the age of 15 years account for about 10 to 12 per cent of India's overall TB burden.

Tech Failures Behind UPI Outages

Tech Failures Behind UPI Outages

Rediff.com16 Apr 2025

An hour-long disruption could affect around 40 million UPI transactions.

Modi had intel 3 days before Pahalgam attack, but...: Kharge

Modi had intel 3 days before Pahalgam attack, but...: Kharge

Rediff.com6 May 2025

Kharge claimed that the Centre accepted "intelligence failure" in an all-party meeting and said it should be held accountable for "not reinforcing" security arrangements in Kashmir to protect people.

I-T has withdrawn Rs 65 cr from our bank accounts, claims Cong

I-T has withdrawn Rs 65 cr from our bank accounts, claims Cong

Rediff.com21 Feb 2024

Party treasurer Ajay Maken has claimed that "democracy will be over if the action of probe agencies goes unchecked" and said the Congress has full faith in the judiciary.

Major PSU banks to go live on account aggregator system by July-end

Major PSU banks to go live on account aggregator system by July-end

Rediff.com21 Jul 2022

After the finance minister directed public sector banks to join the account aggregator (AA) ecosystem, 5-6 major ones, including State Bank of India (SBI) and Bank of Baroda are expected to go live by July-end. Sahmati, an industry alliance for the AA ecosystem, has been working with PSU banks to get them onboarded for quite some time now. So far, Union Bank of India and Punjab National Bank (PNB) have gone live on the AA ecosystem. While Union Bank has been live for a while, PNB went live earlier this month.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

Journalist mistakenly added to Trump's Yemen war plans group

Journalist mistakenly added to Trump's Yemen war plans group

Rediff.com25 Mar 2025

Security experts have warned that using Signal for discussions of this nature violates every established protocol for handling classified information.

India's Auto Parts Industry Eyes Major US Expansion

India's Auto Parts Industry Eyes Major US Expansion

Rediff.com19 Mar 2025

An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion - nearly a fivefold increase from $21 billion currently