News for 'System of National Accounts'

Fresh formal hiring at seven-month high in April, shows EPFO data

Fresh formal hiring at seven-month high in April, shows EPFO data

Rediff.com22 Jun 2024

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Thursday. In April, the number of new monthly subscribers under the Employees' Provident Fund (EPF) sequentially increased by 18.77 per cent to 887,438 from 747,146 in March.

Several unauthorised entities stopped from giving PAN card services

Several unauthorised entities stopped from giving PAN card services

Rediff.com18 Jan 2024

The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.

New era for yoga: Historic Asian Games debut looms

New era for yoga: Historic Asian Games debut looms

Rediff.com5 Sep 2024

If approved, yoga could debut as a demonstration sport in the 2026 Games in Nagoya, Japan, marking a significant milestone in its journey from a spiritual practice to a recognised competitive discipline.

Paytm Payments Bank MD and CEO Surinder Chawla quits

Paytm Payments Bank MD and CEO Surinder Chawla quits

Rediff.com9 Apr 2024

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.

Go For Both NPS and MFs

Go For Both NPS and MFs

Rediff.com22 Jul 2024

Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.

England men's national selector Smith to leave role

England men's national selector Smith to leave role

Rediff.com21 Apr 2021

James Taylor, Smith's deputy, has had his job title change from England selector to head scout.

Which City Sold Maximum Value Of Electoral Bonds?

Which City Sold Maximum Value Of Electoral Bonds?

Rediff.com27 Feb 2024

Mumbai accounts for the largest share of electoral bonds sold since inception.

How APAAR ID Can Benefit Students

How APAAR ID Can Benefit Students

Rediff.com29 Apr 2024

DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.

RBI restrains commercial card payments by a network

RBI restrains commercial card payments by a network

Rediff.com16 Feb 2024

The Reserve Bank of India (RBI), on Thursday issued orders restraining commercial transactions routed through intermediaries by a card network. The central bank, without naming the card network, said the intermediary with an arrangement with the network, did not have the authorisation to function under the Payment and Settlement Systems (PSS) Act. This led the regulator to suspend the arrangement till further notice.

SC rejects pleas on 100% EVM-VVPAT verification, paper ballot voting

SC rejects pleas on 100% EVM-VVPAT verification, paper ballot voting

Rediff.com26 Apr 2024

Pronouncing the judgement, Justice Khanna said the court has rejected all the petitions, including those seeking resorting back to ballot papers in elections.

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

It's back to the drawing board for payment banks

It's back to the drawing board for payment banks

Rediff.com15 Mar 2024

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

Rediff.com17 May 2024

India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

Nearly 650 people killed in Bangladesh violence: UN report

Nearly 650 people killed in Bangladesh violence: UN report

Rediff.com17 Aug 2024

Nearly 650 people have been killed in the recent unrest in Bangladesh between July 16 and August 11, the United Nations Human Rights Office has said in a preliminary report, suggesting a thorough, impartial and transparent investigation into reports of extrajudicial killings, arbitrary arrests and detentions.

JD-U among NDA allies back Waqf Amendment Bill, say not anti-Muslim

JD-U among NDA allies back Waqf Amendment Bill, say not anti-Muslim

Rediff.com8 Aug 2024

The TDP and the LJP also supported the Bill being sent to a parliamentary committee for further examination.

Will Japan Instability Derail India Ties?

Will Japan Instability Derail India Ties?

Rediff.com8 Nov 2024

There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.

NEET issue to reverberate in Parl, exam's credibility under question: Oppn

NEET issue to reverberate in Parl, exam's credibility under question: Oppn

Rediff.com24 Jun 2024

The credibility of the examination system has also come under question, they said.

In acceptance speech, Kamala warns Americans against re-electing Trump

In acceptance speech, Kamala warns Americans against re-electing Trump

Rediff.com24 Aug 2024

Kamala Harris used her forceful presidential acceptance speech to present herself as a leader who could unite the country to chart a 'new way forward' and warned Americans of 'extremely serious' consequences of putting her Republican rival Donald Trump back in the White House.

Toxic air: Delhi reschedules winter break of schools

Toxic air: Delhi reschedules winter break of schools

Rediff.com8 Nov 2023

In view of air pollution in the national capital, the December winter break of all schools has been rescheduled and it will be now from November 9 to November 18, a circular of the Delhi Directorate of Education stated on Wednesday.

What led to basement flooding which killed 3 students

What led to basement flooding which killed 3 students

Rediff.com29 Jul 2024

According to the officials, the three-storey coaching institute, surrounded by residential and commercial establishments, had permission to use the basement as a store room, but it was being used as library in violation of the rules.

Give Agniveers A Chance!

Give Agniveers A Chance!

Rediff.com10 Jul 2024

Such public domain discussions affect their morale and dedication -- and that, if anything, will definitely affect combat-effectiveness, asserts Vice Admiral Biswajit Dasgupta (retd).

Can't fight elections, don't have money: Sitharaman

Can't fight elections, don't have money: Sitharaman

Rediff.com27 Mar 2024

Union Finance Minister Nirmala Sitharaman on Wednesday said she declined the offer of the Bharatiya Janata Party to contest elections pleading that she did not have the 'kind of funds' required for fighting the Lok Sabha polls.

Who Will Win Sri Lanka's Presidential Poll?

Who Will Win Sri Lanka's Presidential Poll?

Rediff.com20 Sep 2024

'The Indian government is better prepared this time and has reached out to all contenders and not putting all eggs in one basket.'

INDIA bloc PM will be...: Shashi Tharoor

INDIA bloc PM will be...: Shashi Tharoor

Rediff.com4 May 2024

'The PM who is first among equals, who has to listen to others, take their point of view into account and who would have to be a good manager'

6 Lessons From Vinesh's Olympic Journey

6 Lessons From Vinesh's Olympic Journey

Rediff.com17 Aug 2024

Vinesh Phogat is a reminder that true champions are not just defined by their medals but by their character and their impact on society.

When And How To Withdraw Your NPS Funds

When And How To Withdraw Your NPS Funds

Rediff.com23 Jul 2024

Ramalingam Kalirajan dives into the specifics of NPS withdrawal rules to help you understand the conditions under which and when partial withdrawals are allowed.

Modi invokes Emergency in Rajya Sabha speech, Opposition walks out

Modi invokes Emergency in Rajya Sabha speech, Opposition walks out

Rediff.com3 Jul 2024

Prime Minister Narendra Modi Wednesday took the Congress to the cleaners over making the 2024 general elections about the protection of the Constitution, saying Indians voted on the plank only once when they threw out the Indira Gandhi government in 1977 after the Emergency.

J&K First-Time Voters Will Be Deciding Factor

J&K First-Time Voters Will Be Deciding Factor

Rediff.com17 Sep 2024

'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'

''Baloch Are Humiliated As Indian Agents'

''Baloch Are Humiliated As Indian Agents'

Rediff.com9 Sep 2024

'It has been 14 years since I began living in exile and it's shocking that the situation in Balochistan has only worsened rather than improved.'

NCERT axes caste-based discrimination in Class 6 books

NCERT axes caste-based discrimination in Class 6 books

Rediff.com21 Jul 2024

There are tweaks in references to B R Ambedkar's experience about the discrimination.

B'desh crisis: 'India should not focus only on one person and party'

B'desh crisis: 'India should not focus only on one person and party'

Rediff.com18 Aug 2024

'We should be mindful that the religious minority community in one country is the majority in another (and) so treatment of the minority community in our respective countries will be an important variable in our relationship'

Reformist candidate Masoud Pezeshkian wins Iran's presidential elections

Reformist candidate Masoud Pezeshkian wins Iran's presidential elections

Rediff.com6 Jul 2024

Pezeshkian gained the attention of people for his stance against the crackdown on the 2009 pro-democracy protests and the violence perpetrated by the notorious morality police in 2022 after Mahsa Amini's death.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

India has no intention of capturing land of other nations: Rajnath

India has no intention of capturing land of other nations: Rajnath

Rediff.com17 Dec 2022

The defence minister also took an indirect dig at Gandhi for "doubting" the government's intention in the handling of the border row with China and said politics can not be done on the basis of "falsehood".

A Neat Tragedy Called NEET

A Neat Tragedy Called NEET

Rediff.com25 Jul 2024

NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.

No excuse for violence: US on attacks on Indian students

No excuse for violence: US on attacks on Indian students

Rediff.com16 Feb 2024

'The president and this administration have been working very, very hard to make sure we're doing everything we can to work with state and local authorities to try to thwart and disrupt those kinds of attacks and make it clear to anybody who might consider them that they'll be held properly accountable'

Banks may seek your OK for fund transfer to your account

Banks may seek your OK for fund transfer to your account

Rediff.com28 Aug 2019

Under the proposed mechanism, the finance ministry has said banks will notify customers when someone tries to deposit money in their accounts, a government official said.

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

'Israel Will Engineer A Broader War'

'Israel Will Engineer A Broader War'

Rediff.com4 Oct 2024

'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'