News for 'System of National Accounts'

Old system is optional: PM Modi on farm laws

Old system is optional: PM Modi on farm laws

Rediff.com10 Feb 2021

The prime minister also said the government has offered to discuss clause by clause of the three farm laws and if there are any shortcomings it was ready to make changes.

SC asks states, UTs to clear salary, dues of lower court judges

SC asks states, UTs to clear salary, dues of lower court judges

Rediff.com19 May 2023

The SNJPC recommendations cover pay structure, pension and family pension and allowances besides dealing with the issue of establishing a permanent mechanism to determine subjects of service conditions of district judiciary.

Budget 2024: 'We have to be intelligent'

Budget 2024: 'We have to be intelligent'

Rediff.com1 Nov 2023

'The global situation is not very good.'

'Conditions not ripe to make rupee a hard currency'

'Conditions not ripe to make rupee a hard currency'

Rediff.com19 Nov 2023

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.

Should You Invest In NPS?

Should You Invest In NPS?

Rediff.com15 Apr 2024

'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'

Actor Gautami Tadimalla quits BJP after 25 years

Actor Gautami Tadimalla quits BJP after 25 years

Rediff.com23 Oct 2023

She said she has decided to resign from the party with a "heavy heart and disillusionment" and tagged BJP national president J P Nadda and the saffron party's TN chief K Annamalai among others in her social media post.

Who Can Dethrone The US Dollar?

Who Can Dethrone The US Dollar?

Rediff.com24 Jul 2023

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Trump's 'merit-based' visa scheme to replace lottery system

Trump's 'merit-based' visa scheme to replace lottery system

Rediff.com3 Aug 2017

The bill, Trump said, 'would represent the most significant reform to our immigration system in half a century'.

'New Laws Will Make India A Police State'

'New Laws Will Make India A Police State'

Rediff.com26 Dec 2023

'These new laws give complete (impunity) to the police.' 'Whatever little accountability the police had, all that is gone now.' 'There is no accountability mechanism against the police for abusing or misusing in the new laws.'

2.5 lakh girls among 13L females go missing from 2019 to 21; MP tops table

2.5 lakh girls among 13L females go missing from 2019 to 21; MP tops table

Rediff.com30 Jul 2023

According to the Union home ministry data, tabled in Parliament last week, 10,61,648 women above 18 years and 2,51,430 girls below that age went missing between 2019 and 2021 across the country.

The Normalcy Of Extrajudicial Killings In India

The Normalcy Of Extrajudicial Killings In India

Rediff.com29 Sep 2023

An unofficial and brutal justice system exists parallel to the official one, and it executes many times more of the accused than the official one executes convicts, points out Aakar Patel.

Why Trudeau Cannot Ignore Canadian Sikhs

Why Trudeau Cannot Ignore Canadian Sikhs

Rediff.com6 Oct 2023

Sikhs have more in the way of domestic clout and electoral representation in Canada than they do in India. No politician in Ottawa can ignore the concerns of a community with this level of representation, notes Devangshu Datta.

Sheena Bora Case: How did Indrani access Sheena's email account?

Sheena Bora Case: How did Indrani access Sheena's email account?

Rediff.com14 Feb 2020

The prosecution's pursuit of this tiny detail was because they believed the charge from Google, on Indrani's account, was to restore Sheena's Gmail account, via the Google account recovery toolkit, since Indrani did not have the password.

Trade settlement in rupee: Govt, RBI devise country-specific plan

Trade settlement in rupee: Govt, RBI devise country-specific plan

Rediff.com14 Dec 2022

The central government and the Reserve Bank of India have devised a country-specific plan towards implementation of overseas trade in rupee, people aware of the matter said. To start with, a small number of banks will be allowed to manage cross-border transactions in domestic currency with a particular country. "Small countries that are dollar-deficient have shown interest in doing trade in rupee.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

Lapses in banking system: Govt seeks RBI's views

Lapses in banking system: Govt seeks RBI's views

Rediff.com20 Feb 2018

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Rediff.com20 Mar 2024

Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.

Banks to now refer 28 large dud accounts to NCLT

Banks to now refer 28 large dud accounts to NCLT

Rediff.com13 Dec 2017

These together account for 40 per cent of bad loans of around Rs 4 trillion.

6 Jobs That Can Get A Six-Figure Salary

6 Jobs That Can Get A Six-Figure Salary

Rediff.com15 Feb 2024

Nikhil Anand, senior vice president, operations, at NLB Services explains why professionals who are adept at data, cloud computing and cybersecurity will earn well in 2024.

Budget hikes defence budget by 4.72%, focuses on 'deep tech'

Budget hikes defence budget by 4.72%, focuses on 'deep tech'

Rediff.com1 Feb 2024

The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.

PNB likely to face teething problems while upgrading system

PNB likely to face teething problems while upgrading system

Rediff.com19 Feb 2018

Upgradation to the new product (from Infosys) will stabilise by this month-end

Dowry deaths account for 40% to 50% of female homicides

Dowry deaths account for 40% to 50% of female homicides

Rediff.com31 Jan 2019

Uttar Pradesh accounts for the maxmium dowry deaths -- 11,800 women -- followed by Bihar at 5,992.

Markets crash: Pollster Pradeep Gupta 'open to probe'

Markets crash: Pollster Pradeep Gupta 'open to probe'

Rediff.com22 Jun 2024

Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.

The 58-year-old woman overseeing India's $4.7 trillion equities market

The 58-year-old woman overseeing India's $4.7 trillion equities market

Rediff.com12 Mar 2024

Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.

Fresh formal job creation declines to six-month low, shows EPFO data

Fresh formal job creation declines to six-month low, shows EPFO data

Rediff.com23 Nov 2023

Fresh formal job creation cooled for the second consecutive month to decline to a six-month low in September, signalling a downturn in the labour markets this financial year. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined by 6.45 per cent to 891,583 in September from 953,092 in August, shows the latest payroll data released by the Employees' Provident Fund Organisation (EPFO). Besides, the net payroll additions -- calculated by taking into account the number of new subscribers, the number of exits, and the return of old subscribers -- increased by 14.9 per cent to 1.72 million in September from 1.49 million in August.

India to fence entire 1,643-km Myanmar border, free movement to end

India to fence entire 1,643-km Myanmar border, free movement to end

Rediff.com6 Feb 2024

The move could virtually put an end to the Free Movement Regime prevalent along the porous border.

HAL: Non performance, nil accountability

HAL: Non performance, nil accountability

Rediff.com4 Feb 2019

facilities at Bangalore one understands the financial year end frenzy at these establishments and the slipshod slippages in timeframes, quality of overhaul, servicing and quality control across the board, for aircraft and equipment alike,' says Group Captain Murli Menon (retd).

Take allegations seriously, not looking to provoke, Trudeau tells India

Take allegations seriously, not looking to provoke, Trudeau tells India

Rediff.com21 Sep 2023

Canadian Prime Minister Justin Trudeau Thursday reiterated that there are "credible allegations" that should be taken "extremely seriously" as he urged the Government of India to work with his country to allow justice to follow its course in the killing of a Khalistani extremist leader.

Power Grid Corporation's prospects factored in at current valuations

Power Grid Corporation's prospects factored in at current valuations

Rediff.com8 Mar 2024

Power Grid Corporation (PGCIL) intends to ramp up its capex substantially through the next two financial years. The Public Sector Undertaking (PSU) utility posted flat consolidated revenues of Rs 10,700 crore in the third quarter of the current financial year (Q3FY24) and reported 7 per cent year on year (Y-o-Y) growth in net profit to Rs 4,000 crore. The Q3FY24 capex stood at Rs 3,440 crore and capitalisation at Rs 1,780 crore, taking the 9MFY24 total to Rs 8,700 crore capex and Rs 5,800 crore capitalisation, respectively.

Swachh Bharat Not A Game Changer

Swachh Bharat Not A Game Changer

Rediff.com2 Apr 2024

If we as citizens, do not take ownership of public places, public facilities and public conveniences, Swachh Bharat will remain just a hollow slogan, notes Biswajit Dasgupta.

How to fix India's flawed banking system

How to fix India's flawed banking system

Rediff.com26 Feb 2018

What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.

In India, people have mobile phones, but no bank accounts: Modi

In India, people have mobile phones, but no bank accounts: Modi

Rediff.com15 Aug 2014

Pradhan Mantri Jan Dhan Yojana scheme will help in bringing the benefits of formal banking system to even the poorest of poor.

Will Vasundhara Endorse Gehlot's Schemes

Will Vasundhara Endorse Gehlot's Schemes

Rediff.com4 Dec 2023

The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.

Odd-even on anvil as Delhi's air quality dips close to 'severe plus'

Odd-even on anvil as Delhi's air quality dips close to 'severe plus'

Rediff.com17 Nov 2023

An improvement in the wind speed November 21 onwards might bring air pollution levels down.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

12 bank accounts and Rs 1.78 lakh crore bad debt

12 bank accounts and Rs 1.78 lakh crore bad debt

Rediff.com14 Jun 2017

The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore

NEW! Generals involved in national security talks

NEW! Generals involved in national security talks

Rediff.com26 Oct 2020

The future can only get better if we continue to break silos and work as integrated teams focussed on promoting national interests, recommends Sanjeev Nayyar.

Daily UPI transactions jump 50% to 36 crore: RBI governor

Daily UPI transactions jump 50% to 36 crore: RBI governor

Rediff.com6 Mar 2023

Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36 crore, which is up 50 per cent from 24 crore in February 2022. In value terms, these transactions are worth Rs 6.27 lakh crore, registering a growth of 17 per cent from Rs 5.36 lakh crore in February 2022, the governor told reporters while launching the Digital Payments Awareness Week at the RBI headquarters in Mumbai this afternoon. He also said the overall monthly digital payment transactions crossed over Rs 1,000-crore-mark each month during the past three months.