News for 'System of National Accounts'

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".

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.

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.

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.

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.'

'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'.

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.

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.

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.

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.

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.

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.

'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.

'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.'

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.

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.

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

Why gold import computation went wrong

Why gold import computation went wrong

Rediff.com9 Jan 2025

The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.

SC collegium recommends Justice Varma's transfer; lawyers to go on strike

SC collegium recommends Justice Varma's transfer; lawyers to go on strike

Rediff.com24 Mar 2025

The Supreme Court collegium has confirmed the transfer of Delhi High Court Justice Yashwant Varma to his parent Allahabad High Court. This decision comes after an inquiry was initiated against Justice Varma regarding the alleged discovery of a large amount of cash at his official residence. The transfer recommendation was made public in a resolution uploaded on the Supreme Court's website. The alleged cash discovery occurred following a fire at Varma's residence in Delhi on March 14, 2025. The apex court collegium, headed by Chief Justice Sanjiv Khanna, has also constituted a three-member inquiry committee to further investigate the matter.

Should You Take Possesion Of House Without An OC?

Should You Take Possesion Of House Without An OC?

Rediff.com14 May 2025

Taking possession without an OC can lead to legal complications, denial of utilities such as water and electricity, hurdles in availing home loans or reselling the property, and even eviction.

Eliminate online betting, gambling apps, YSRCP MP urges govt

Eliminate online betting, gambling apps, YSRCP MP urges govt

Rediff.com26 Mar 2025

A strong demand was made in the Lok Sabha to eliminate online betting and gambling applications. YSRCP member Maddila Gurumoorthy urged the government to set up a dedicated task force to take action against betting and gambling apps. He also asked the government to draft regulations for such applications and launch awareness campaigns about the dangers of online betting. Other issues raised included deposit insurance coverage for bank depositors, representation of Scheduled Castes in the Kerala government, challenges faced by nurses, and the need for paramilitary forces in Jharkhand during upcoming Hindu festivals.

How to make India an electronic & semiconductor products nation

How to make India an electronic & semiconductor products nation

Rediff.com11 Jul 2024

A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an "electronic and semiconductor products" nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force's recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology & IP (intellectual property) acquisition, a member of the panel revealed.

Pak used 300-400 Turkish drones to target 36 places from Leh to Sir Creek

Pak used 300-400 Turkish drones to target 36 places from Leh to Sir Creek

Rediff.com9 May 2025

Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.

What Will FM's Budget Speech Focus On?

What Will FM's Budget Speech Focus On?

Rediff.com30 Jan 2025

The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.

RBI enhances UPI Lite wallet limit to Rs 5,000

RBI enhances UPI Lite wallet limit to Rs 5,000

Rediff.com9 Oct 2024

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant payment system through mobile phones. A limit of Rs 500 per transaction and an overall limit of Rs 2,000 per UPI Lite wallet, is presently applicable, with the facility of auto-replenishment. Unveiling the October bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das also said the per-transaction limit in UPI123Pay will be enhanced to Rs 10,000 from the current Rs 5,000.

Kash Patel takes oath on Bhagavad Gita as FBI director

Kash Patel takes oath on Bhagavad Gita as FBI director

Rediff.com22 Feb 2025

Kash Patel took oath as the ninth director of the Federal Bureau of Investigation (FBI) on the Bhagavad Gita and spoke about how a first-generation Indian kid is living the American dream, reflecting on his heritage.

'Nothing Wrong If We Rewrite The Constitution'

'Nothing Wrong If We Rewrite The Constitution'

Rediff.com20 May 2025

'The time has come to have a relook at the Constitution as every document has a shelf life.'

NPCI Lists Digital Scam Warning Signs

NPCI Lists Digital Scam Warning Signs

Rediff.com18 Dec 2024

UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.

FD Rate Cuts: Balance Returns With Safety

FD Rate Cuts: Balance Returns With Safety

Rediff.com16 Apr 2025

'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'

How Shastri Buried Pakistan's Kashmir Dream

How Shastri Buried Pakistan's Kashmir Dream

Rediff.com3 Jun 2025

The high point of the 19 Shastri months was the 22-day war that he fought against great odds and won in principle, even if military historians often call it a stalemate. Pakistan saw a great opportunity to conquer Kashmir and lost. It was the last time they had the relative strength militarily and diplomatically to take Kashmir. Shastri's resolve buried that dream forever, points out Shekhar Gupta.

Why The South Is Worried About Delimitation

Why The South Is Worried About Delimitation

Rediff.com28 Feb 2025

'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Rediff.com8 May 2025

In a strong retaliation to the Pahalgam massacre, India's armed forces early Wednesday destroyed nine terror sites including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long 'measured and non-escalatory' mission.

Liberation of Balochistan and Sindh must top the agenda

Liberation of Balochistan and Sindh must top the agenda

Rediff.com25 Apr 2025

Terrorism and insurgency in J&K had subsided when India demolished East Pakistan -- for the simple reason that Pakistan understands power. We need to follow Chanakya's dictum of Saam, Daam, Dand, Bhed for strategising against Pakistan, asserts Lieutenant General Prakash Katoch (Retd). The ground truth is that unless we are prepared to acknowledge our shortcomings, including massive intelligence failures, punish those responsible and take corrective actions, we will continue in the same vein, asserts Lieutenant General Prakash Katoch (Retd).

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Rediff.com13 Mar 2025

The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.

Collegium system is a 'fool proof': Ex-CJI Lalit

Collegium system is a 'fool proof': Ex-CJI Lalit

Rediff.com18 Feb 2023

"When the matter reaches the SC collegium, there is a fully perfect situation, whether the name be accepted or not to be accepted. It's not as if it is a whimsical exercise taken by someone. It's a fool proof arrangement," he said.

What The Budget Has For Senior Citizens

What The Budget Has For Senior Citizens

Rediff.com3 Feb 2025

'The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the hands of senior citizens.'