News for 'System of National Accounts'

'Palestinians live in an open prison'

'Palestinians live in an open prison'

Rediff.com29 Jan 2024

'Israelis arrested us before this war and continue to do so -- even more so -- now.'

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

Rediff.com10 Aug 2022

The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is what common citizen invested in post office savings, the oldest and the largest banking system in the country. The system serves the investment needs of urban and rural clients through schemes such as savings bank, recurring deposits, time deposits, national savings certificates, kisan vikas patras, public provident fund, monthly income account scheme, sukanya samriddhi accounts and senior citizens savings scheme.

Monsoon covers Delhi, Mumbai together, breaks 62-year-old record

Monsoon covers Delhi, Mumbai together, breaks 62-year-old record

Rediff.com25 Jun 2023

While it hit the national capital two days before schedule, its entry into the financial capital is two weeks late, the Met office said.

If they're charging us...: Trump rakes up India tax issue

If they're charging us...: Trump rakes up India tax issue

Rediff.com21 Aug 2023

During his first term as the US president, Trump described India as a "tariff king" and in May 2019, terminated India's preferential market access.

Govt delaying judges' appointment till...: Cong

Govt delaying judges' appointment till...: Cong

Rediff.com17 Jan 2023

The Congress' attack comes after Law Minister Rijiju wrote to Chief Justice of India D Y Chandrachud suggesting the inclusion of representatives from the Union and state governments in the Supreme Court and high court collegiums.

EPF Withdrawal Claim Rejected? Here's Help

EPF Withdrawal Claim Rejected? Here's Help

Rediff.com3 Oct 2023

Post your financial planning queries for rediffGURU and financial planning expert, Colonel Sanjeev Govila.

Rail tragedy: Cong alleges govt ignored CAG warning

Rail tragedy: Cong alleges govt ignored CAG warning

Rediff.com4 Jun 2023

The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.

India to get its own index to quantify heat impact next yr: IMD chief

India to get its own index to quantify heat impact next yr: IMD chief

Rediff.com3 May 2023

India will launch its own composite index next year to quantify the impact of heat on its population and generate impact-based heat wave alerts for specific locations, the India Meteorological Department (IMD) has said.

5 states to vote from Nov 7 to 30; results on Dec 3

5 states to vote from Nov 7 to 30; results on Dec 3

Rediff.com9 Oct 2023

While the Congress is in power in Rajasthan and Chhattisgarh, Madhya Pradesh is ruled by the Bharatiya Janata Party, Telangana by the Bharat Rashtra Samithi and Mizoram by the Mizo National Front.

Lessons To Be Learnt From Nitin Desai's Death

Lessons To Be Learnt From Nitin Desai's Death

Rediff.com25 Aug 2023

We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.

'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.

'Not counting caste is as political an act as counting it'

'Not counting caste is as political an act as counting it'

Rediff.com31 Oct 2023

'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'

Why Is The Modi Sarkar Mum On The Security Breach?

Why Is The Modi Sarkar Mum On The Security Breach?

Rediff.com19 Dec 2023

Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.

Dalai Lama successor must be from within China, needs govt nod: Beijing

Dalai Lama successor must be from within China, needs govt nod: Beijing

Rediff.com10 Nov 2023

Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.

Was sabotage behind Coromandel Exp entering loop line and hitting goods train?

Was sabotage behind Coromandel Exp entering loop line and hitting goods train?

Rediff.com3 Jun 2023

A thorough probe is underway, none of the authorities has so far talked about any possibility of a sabotage.

NPS: Want To Know About SLW?

NPS: Want To Know About SLW?

Rediff.com10 Nov 2023

When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum.

CBI meant to investigate crimes, not railway accidents: Kharge to PM

CBI meant to investigate crimes, not railway accidents: Kharge to PM

Rediff.com6 Jun 2023

In his letter to Modi, Kharge hit out at the railway minister for seeking a Central Bureau of Investigation probe, saying the law enforcement agency is meant to investigate crimes, not railway accidents.

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.

These Scientists Shaped India

These Scientists Shaped India

Rediff.com15 Aug 2023

I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.

Morgan Stanley ups target price of IT stocks by up to 29%

Morgan Stanley ups target price of IT stocks by up to 29%

Rediff.com5 Oct 2023

Morgan Stanley has increased the target prices of certain information technology (IT) stocks by as much as 29 per cent, anticipating an improvement in earnings in the near future. Within the IT and engineering research and development (ER&D) services sector, it is now more optimistic about growth and margin estimates for 2024-25 (FY25).

Farmer takes on cybercriminal, recovers lakhs lost in fraud

Farmer takes on cybercriminal, recovers lakhs lost in fraud

Rediff.com19 Feb 2023

Pawan Kumar Soni, a 55-year-old farmer based in Sri Ganganagar City in Rajasthan, became a victim of a cyber fraud when his 26-year-old son Harsh Vardhan opened a link from a phishing message that flashed on his mobile phone.

India's New Silk Route

India's New Silk Route

Rediff.com9 Oct 2023

The enduring legacy of trade routes lies in shared stories and religious diversity. Can the India-Middle East-Europe Economic corridor harness this legacy to empower nations, asks Arundhuti Dasgupta.

Will 2023 Be A Repeat Of 2015?

Will 2023 Be A Repeat Of 2015?

Rediff.com5 Jun 2023

States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.

'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?'

Global Dark Economy Clouds Hover Over India

Global Dark Economy Clouds Hover Over India

Rediff.com30 Aug 2023

'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.

NGO sues BBC for Rs 10,000 cr over Modi documentary, Delhi HC issues notice

NGO sues BBC for Rs 10,000 cr over Modi documentary, Delhi HC issues notice

Rediff.com22 May 2023

An NGO claimed that its documentary cast a slur on the reputation of India, its judiciary and Prime Minister Narendra Modi.

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.

'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.

'INDIA is prepared for any surprises coming out of Mr Modi's bag'

'INDIA is prepared for any surprises coming out of Mr Modi's bag'

Rediff.com18 Sep 2023

'The government has been anti our civilisational values.' 'My fear would be that they erode that some more to have their way and to consolidate their power.'

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.

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.

Why You Should NOT Give Your Child Or Young Teen A Smartphone

Why You Should NOT Give Your Child Or Young Teen A Smartphone

Rediff.com26 Jul 2023

Screen time expert Emily Cherkin discusses the risks you must consider.

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.

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.

'Trapped workers played cricket'

'Trapped workers played cricket'

Rediff.com1 Dec 2023

'I decided to send a bat and a ball which was smaller in size so that it shouldn't get stuck in the pipe. And with that, they had a little good time.'

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.

'Mumbai will always be vulnerable'

'Mumbai will always be vulnerable'

Rediff.com6 Dec 2023

'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'

'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 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.