News for 'System of National Accounts'

'Modi and Trudeau will sacrifice our dreams'

'Modi and Trudeau will sacrifice our dreams'

Rediff.com9 Oct 2023

As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.

How dengue in India is linked to climate change

How dengue in India is linked to climate change

Rediff.com25 Nov 2023

The transmission of dengue is closely associated with three key factors -- rainfall, humidity and temperature -- that dictate the geographies in which it spreads and the transmission rate of the viral infection caused by the dengue virus (DENV), and transmitted to humans through the bite of infected mosquitoes.

'You will succeed as long as you remember that the project is bigger than you'

'You will succeed as long as you remember that the project is bigger than you'

Rediff.com30 Aug 2023

'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.

'Cheaper, faster, safer': India, Singapore launch real-time payments link

'Cheaper, faster, safer': India, Singapore launch real-time payments link

Rediff.com22 Feb 2023

In the first such collaboration for India, the country's flagship payments platform, the Unified Payments Interface (UPI), and Singapore's PayNow payment system have launched a real-time cross-border payment linkage system. The linkage, which was launched by Prime Minister (PM) Narendra Modi and Singapore's PM Lee Hsien Loong on Tuesday, was kicked off by a live cross-border transaction between Reserve Bank of India Governor Shaktikanta Das and Monetary Authority of Singapore managing director Ravi Menon, using mobile phones.

Why 810 Million Indians Need Free Rations

Why 810 Million Indians Need Free Rations

Rediff.com20 Nov 2023

Is it a case of poor targeting of a welfare scheme, or is it a reflection of the government's desire to expand the scope of this benefit to secure greater electoral dividends? asks A K Bhattacharya.

Manmohan Singh, Chief Architect Of Modi's Schemes

Manmohan Singh, Chief Architect Of Modi's Schemes

Rediff.com3 Mar 2023

Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.

India 'Stay Calm' About Kraken: Experts

India 'Stay Calm' About Kraken: Experts

Rediff.com16 Jan 2023

The Kraken COVID-19 variant accounts for almost 41 per cent of all Covid infections.

Impartial audit essential for resilient economy: Das

Impartial audit essential for resilient economy: Das

Rediff.com25 Oct 2021

Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is important for the country as public expenditure decisions are based on these reports. Observing that there is a need to improve the quality and depth of audit, he said the Reserve Bank has taken a host of steps in consultation with the Institute of Chartered Accountants of India (ICAI) for improving the audit of banks and financial institutions.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

RBI allows credit cards to be linked to UPI platform

RBI allows credit cards to be linked to UPI platform

Rediff.com8 Jun 2022

The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to make payments using the popular platform. At present, UPI facilitates transactions by linking savings or current accounts through users' debit cards. "...it is proposed to allow linking of credit cards to UPI," RBI Governor Shaktikanta Das said while announcing the regulatory moves, along with the bi-monthly policy review.

Why Auditors Quitting Big Clients Is Complicated

Why Auditors Quitting Big Clients Is Complicated

Rediff.com18 Sep 2023

Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.

'India Inc can overcome hurdles in adopting new accounting standard'

'India Inc can overcome hurdles in adopting new accounting standard'

Rediff.com1 Sep 2015

From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.

CPM member introduces bill to regulate appointment of judges, AAP opposes

CPM member introduces bill to regulate appointment of judges, AAP opposes

Rediff.com9 Dec 2022

The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.

NPS: Best For Retirement, Tax Saving

NPS: Best For Retirement, Tax Saving

Rediff.com6 Mar 2023

NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.

Term Deposits: Banks Must Offer Higher Rates

Term Deposits: Banks Must Offer Higher Rates

Rediff.com14 Nov 2022

That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.

How RBI plans to check banking fraud

How RBI plans to check banking fraud

Rediff.com29 Aug 2022

As part of its efforts to strengthen customer protection, Reserve Bank is considering setting up a fraud registry to create a database of fraudulent websites, phones and various modus operandi used for digital fraud. Such a database will help prevent these fraudsters from repeating the fraud as the websites or phone numbers would be blacklisted, RBI executive director Anil Kumar Sharma said on Monday. "There is no definite timeline for setting up of the fraud registry.

Quick decision-making needed for combat-readiness: Rajnath

Quick decision-making needed for combat-readiness: Rajnath

Rediff.com14 Nov 2022

Defence Minister Rajnath Singh on Monday said swift and transparent decision-making and availability of optimal resources were needed for a country's combat readiness.

'There is not a major worry on the price front'

'There is not a major worry on the price front'

Rediff.com7 Sep 2023

'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'

The Perils Of Democracy In Pakistan

The Perils Of Democracy In Pakistan

Rediff.com26 May 2023

Pakistan still has to acquire the patience you need in a democracy. The patience to accept that even if I do not like the government I have, I must wait till the next election to change it, explains Shekhar Gupta.

'Argentina have worked out where to hurt Croatia'

'Argentina have worked out where to hurt Croatia'

Rediff.com13 Dec 2022

Croatia were not the favourites to reach the last four again but they came through two penalty shootouts in a repeat of their 2018 exploits.

'India's IT system is safe and secure'

'India's IT system is safe and secure'

Rediff.com23 Mar 2018

'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'

The Theme Of Budget 2023 Will Be....

The Theme Of Budget 2023 Will Be....

Rediff.com13 Jan 2023

'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'

Breaking Up Business Groups Would Create More Problems

Breaking Up Business Groups Would Create More Problems

Rediff.com8 Jun 2023

Policies to break down the business group format are far more likely to be effective, argues Simon Commander.

Role of creditors to be probed in Nitin Desai death case: Fadnavis

Role of creditors to be probed in Nitin Desai death case: Fadnavis

Rediff.com3 Aug 2023

Shelar demanded that Desai's death should not be treated just as a case of accidental death, but must be dealt with from a larger perspective.

India abstains on resolution calling for Russia to pay reparations

India abstains on resolution calling for Russia to pay reparations

Rediff.com15 Nov 2022

India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.

Odisha train mishap: Railways seeks CBI probe, here's why

Odisha train mishap: Railways seeks CBI probe, here's why

Rediff.com4 Jun 2023

Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.

Rs 1.25 lakh cr black money confiscated by Modi govt: Ashwini Vaishnaw

Rs 1.25 lakh cr black money confiscated by Modi govt: Ashwini Vaishnaw

Rediff.com12 Dec 2022

Black money to the tune of "Rs 1.25 lakh crore" has been confiscated by the Modi government, Union Minister Ashwini Vaishnaw said on Monday and asserted transparency is a key aspect of the present dispensation's good governance model. The minister for railways said similarly, to ensure transparency, benami properties worth Rs 4,300 crore were attached and registration of 1.75 lakh companies cancelled. Talking to reporters at the Rail Bhawan, Vaishnaw said in his long public service, Prime Minister Narendra Modi has "perfected a model of good governance that started in Gujarat".

Aadhaar not mandatory for bank accounts, phones... for now

Aadhaar not mandatory for bank accounts, phones... for now

Rediff.com13 Mar 2018

The deadline of March 31 has been postponed till the apex court delivers its final judgment.

Bourses step up scrutiny of investors from Sikkim

Bourses step up scrutiny of investors from Sikkim

Rediff.com10 Aug 2022

Stock exchanges have increased scrutiny of investors domiciled in Sikkim, following reports of illegal routing of investments through the Northeast state to evade taxes. The National Stock Exchange (NSE) has directed its trading members (brokers) to re-verify and certify investors who have declared their permanent address as Sikkim. Further, brokers have been told to maintain a vigil on the location of devices used by Sikkim-based clients for trading to ensure these are genuine investors from the region.

RS nod to bill for new system of appointing judges

RS nod to bill for new system of appointing judges

Rediff.com5 Sep 2013

A Constitutional Amendment Bill paving way for the creation of a Judicial Appointments Commission to replace the present collegium system to appoint judges to higher courts was passed in the Rajya Sabha on Thursday amid high drama with the Bharatiya Janata Party walking out.

Can Modi Broker Peace In Ukraine?

Can Modi Broker Peace In Ukraine?

Rediff.com10 Apr 2023

Only the future will tell if Modi can leave his mark on the Ukraine crisis. Nonetheless, it is both a challenge and an opportunity for India's diplomacy, notes Rup Narayan Das.

'National lockdown could have been avoided'

'National lockdown could have been avoided'

Rediff.com7 Apr 2020

'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'

Modiji, Do You Have A Plan To Improve Education?

Modiji, Do You Have A Plan To Improve Education?

Rediff.com30 Jan 2023

When was the last time we heard this government speaking of the disaster in primary education, rather than Ganga cruises and cheetahs? Less money -- Rs 88,000 crore -- was spent by the Union government on education in its last Budget than has been allocated to the Bullet train, notes Aakar Patel.

'Narasimha Rao was a prime minister with an open mind'

'Narasimha Rao was a prime minister with an open mind'

Rediff.com2 May 2023

'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'

Rebuild system, restore credibility of govt: Mufti tells ministers

Rebuild system, restore credibility of govt: Mufti tells ministers

Rediff.com2 Mar 2015

J&K CM Mufti Mohammed Sayeed on Monday asked his ministers to work to rebuild the system and to restore credibility.

Insolvency system gets going, 600 professionals sign up

Insolvency system gets going, 600 professionals sign up

Rediff.com13 Jan 2017

Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.

Guidelines to improve quality control at audit firms in place

Guidelines to improve quality control at audit firms in place

Rediff.com21 Nov 2022

The National Financial Reporting Authority (NFRA) has issued guidelines to inspect select audit firms to identify areas and opportunities for improvement in the audit firm's system of quality control, a statement said. "Inspections will consist firm-wide review of audit quality and individual file reviews on test-check basis to evaluate the level of compliance with applicable auditing standards and quality control policy and processes," NFRA said. The selection of the audit firm or the auditor for such inspection by NFRA would be based on assessment of risks in the audit environment.

How Adani Saga Affects Indian Banks

How Adani Saga Affects Indian Banks

Rediff.com27 Feb 2023

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.

India had 64 lakh COVID-19 infections by May: National serosurvey

India had 64 lakh COVID-19 infections by May: National serosurvey

Rediff.com11 Sep 2020

Seropositivity was the highest in the age group of 18-45 years (43.3 per cent), followed by those between 46-60 years (39.5 per cent) and it was the lowest among those aged above 60 (17.2 per cent).

India's COVID-19 death rate lower than many developed nations: Experts

India's COVID-19 death rate lower than many developed nations: Experts

Rediff.com10 Apr 2020

Suggesting that a relatively young Indian population may be one of the reasons for the low mortality rate due to the pandemic, experts have attributed the high number of fatalities in countries like Italy and Spain to their elderly population which are more susceptible to developing complications after contracting the infection.