News for 'System of National Accounts'

Lanka allows docking of Chinese ship at port amid India's concern

Lanka allows docking of Chinese ship at port amid India's concern

Rediff.com13 Aug 2022

The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.

Russian missiles hit 'critical infrastructure' in Ukraine's Odesa

Russian missiles hit 'critical infrastructure' in Ukraine's Odesa

Rediff.com3 Apr 2022

Russian missile strikes hit 'critical infrastructure' in Ukraine's southern port city of Odesa on Sunday morning, Serhii Bratchuk, spokesman of the Operational Staff of Odesa regional military administration said.

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Rediff.com26 Apr 2022

Thousands of demonstrators have hit the streets since April 9, as the government ran out of money for vital imports; prices of essential commodities have skyrocketed and there are acute shortages in fuel, medicines and electricity supply.

Led by new-gen investors, mobile trading gets a big boost

Led by new-gen investors, mobile trading gets a big boost

Rediff.com21 Jul 2022

A new generation of investors has taken to stock trading on mobile phones with a renewed zeal, driven mainly by social changes after the Covid-19 pandemic breakout. The proportion of the cash market turnover ascribed to mobile phones has jumped from 5.3 per cent in June 2019 to 18.7 per cent in June this year, reveals BSE data. The share of mobile trading on the National Stock Exchange (NSE) for June this year stood at 19.5 per cent.

'BCCI should become player centric'

'BCCI should become player centric'

Rediff.com22 Sep 2022

'There should be total transparency in the system.'

Need to balance national interest, right to privacy: SC on Aadhaar issue

Need to balance national interest, right to privacy: SC on Aadhaar issue

Rediff.com24 Jan 2018

A five-judge constitution bench headed by Chief Justice Dipak Misra, hearing a petitions challenging Aadhaar, said no system in the world was secure and the issue was not as to how data is collected, but how the information so collected are used or misused.

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Rediff.com12 Aug 2022

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.

Did FB fail to stop hate-filled user content in India?

Did FB fail to stop hate-filled user content in India?

Rediff.com24 Oct 2021

Internal documents at Facebook show "a struggle with misinformation, hate speech and celebrations of violence" in India, the company's biggest market, with researchers at the social media giant pointing out that there are groups and pages "replete with inflammatory and misleading anti-Muslim content" on its platform, US media reports have said.

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

Rediff.com2 Mar 2021

Taking lessons from that, I would think seamless digital payments is something you have to clearly have a roadmap for, the FM said.

Rlys to buy 100,000 more wagons amid freight, coal demand

Rlys to buy 100,000 more wagons amid freight, coal demand

Rediff.com4 Apr 2022

Amid rising demand for coal freight and an aggressive push towards diversifying its freight basket, Indian Railways is planning to buy 100,000 more wagons over the next three fiscal years. The procurement plan will majorly comprise BOXN wagons, which are used to transport coal, said a senior Ministry of Railways official. Notably, the railways recently floated a sizeable tender worth Rs 35,000 crore of wagons, which had been in the pipeline since 2018. "Our Budget Estimates for freight increase were conservative.

Zee urges tribunal to dismiss IndusInd Bank's insolvency plea

Zee urges tribunal to dismiss IndusInd Bank's insolvency plea

Rediff.com23 Feb 2022

IndusInd Bank had moved NCLT claiming default of Rs 83.08 crore against the media & entertainment firm. The petition, to initiate insolvency proceedings against ZEEL, has been filed under section 7 of the Insolvency & Bankruptcy Code (IBC).

'No hope left' in SC, it can never be independent: Sibal

'No hope left' in SC, it can never be independent: Sibal

Rediff.com8 Aug 2022

Rajya Sabha member of Parliament and senior advocate, Kapil Sibal, has expressed his displeasure over some of the recent judgments passed by the Supreme Court saying he has 'no hope left' in the institution.

How India will be toll plaza free in 2 years

How India will be toll plaza free in 2 years

Rediff.com22 Dec 2020

The central government has finalised GPS-based toll collection to ensure seamless movement of vehicles across the country.

'Joshimath can't be saved. It's too late'

'Joshimath can't be saved. It's too late'

Rediff.com12 Jan 2023

'The entire public needs to be evacuated immediately. Any day, the entire town can collapse.'

RuPay takes on Visa and Mastercard with a little govt help

RuPay takes on Visa and Mastercard with a little govt help

Rediff.com30 Mar 2021

RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system.

Survey pegs 2021-22 GDP growth at 9.2%

Survey pegs 2021-22 GDP growth at 9.2%

Rediff.com31 Jan 2022

India's Gross Domestic Product (GDP) is expected to expand by 9.2 per cent in the current financial year, according to the Economic Survey 2021-22 tabled in the parliament on Monday. "Advance estimates suggest that the Indian economy is expected to witness real GDP expansion of 9.2 per cent in 2021-22 after contracting in 2020-21. "This implies that overall economic activity has recovered past the pre-pandemic levels," Economic Survey noted. Almost all indicators show that the economic impact of the "second wave" in Q1 was much smaller than that experienced during the full lockdown phase in 2020-21 even though the health impact was more severe, it said.

Why China Is Worried About Hong Kong

Why China Is Worried About Hong Kong

Rediff.com7 Apr 2022

'Although Hong Kong weathered many a storm and displayed a remarkable resilience to bounce back, the developments in the territory have raised question marks with regard to its future stability and prosperity.' A revealing excerpt from Rup Narayan Das's Hong Kong Conundrum: Pangs of Transition.

'Aadhaar is a major national security risk'

'Aadhaar is a major national security risk'

Rediff.com27 Sep 2018

'If your data is hacked you cannot go to court. Only UIDAI can go to court.' 'UIDAI is lying that Aadhaar is completely secure.'

BRICS bank: A giant step towards reforming the world system

BRICS bank: A giant step towards reforming the world system

Rediff.com18 Jul 2014

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.

Justice Chandrachud bats for use of technology by judiciary

Justice Chandrachud bats for use of technology by judiciary

Rediff.com6 Sep 2022

Supreme Court judge Justice DY Chandrachud, who has been asking lawyers to adopt technological interventions, on Tuesday said that he saw someone recording the court's proceedings on a cell phone and wondered "how can he do so", but then he realised this was not a big deal as nothing is confidential in an open court hearing.

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Rediff.com18 Sep 2021

Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".

Five years of GST: Recovery of input tax credit still a struggle

Five years of GST: Recovery of input tax credit still a struggle

Rediff.com27 Jun 2022

Agra has long been known for the Taj Mahal, but it is also a manufacturing hub filled with micro, small and medium enterprises (MSMEs) that make everything from electronic components to metal products, from paints and chemicals to footwear. And five years after the introduction of the Goods and Services Tax (GST), the MSMEs here complain that while the indirect tax regime has been transformative, cutting out the need to file multiple taxes, its biggest drawback has been the delay in credit refunds. Whoever you speak to - MSME owners, tax lawyers, or industry bodies like the National Chambers of Industries and Commerce (NCIC), Agra Footwear Manufacturers and Exporters Chamber (AFMEC) and Agra Shoe Manufacturers Association (ASMA) - they all emphasise that the GST continues to face some key challenges.

NSDL ropes in IIT to beef up systems

NSDL ropes in IIT to beef up systems

Rediff.com3 Apr 2007

The National Securities and Depository is looking at increasing the number of demat accounts by restructuring its IT infrastructure.

SC to live-stream its constitution bench proceedings from Sep 27

SC to live-stream its constitution bench proceedings from Sep 27

Rediff.com22 Sep 2022

A unanimous decision was taken by the 30 judges of the apex court in the full court meeting headed by Chief Justice of India U U Lalit held on Tuesday evening to implement an apex court verdict of 2018 in the Swapnil Tripathi case.

Rise and rise of the Rs 10,000 shares

Rise and rise of the Rs 10,000 shares

Rediff.com15 Dec 2021

There are more of them now and the total value of such companies--out of reach for small retail players--may surprise you. Shares topping the five-figure price mark were rare ten years ago. A look at March-end figures across the listed universe in 2011 shows only one such share. There were two by 2013.

After FPIs, domestic brokers' lobby voices concern over T+1 settlement

After FPIs, domestic brokers' lobby voices concern over T+1 settlement

Rediff.com11 Nov 2020

The move will increase working capital requirement for brokers, raise the work load on the system and will leave little room for contingencies.

Court orders release of Ansals in 1997 Uphaar fire case, victim cries 'injustice'

Court orders release of Ansals in 1997 Uphaar fire case, victim cries 'injustice'

Rediff.com19 Jul 2022

A Delhi court on Tuesday ordered the release of real estate tycoons Sushil and Gopal Ansal against the jail term already undergone by them in a case of tampering with evidence in the case related to the 1997 Uphaar cinema fire, which had claimed 59 lives.

If your bank goes bust, how much money will you get?

If your bank goes bust, how much money will you get?

Rediff.com18 Feb 2020

'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.

Planet Earth welcomes 8th billion inhabitant

Planet Earth welcomes 8th billion inhabitant

Rediff.com15 Nov 2022

Planet Earth welcomed its 8th billion inhabitant on Tuesday, a remarkable milestone for humanity that is set to propel India to become the world's most populous country next year, surpassing China amid rising global challenges.

'Come December 31, we will be a better nation'

'Come December 31, we will be a better nation'

Rediff.com9 Nov 2016

'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'

NSE co-location case: Probe shifts towards money trail, illicit gains

NSE co-location case: Probe shifts towards money trail, illicit gains

Rediff.com21 Feb 2022

As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.

India to get 3rd set of Swiss bank details, info on real estate this month

India to get 3rd set of Swiss bank details, info on real estate this month

Rediff.com12 Sep 2021

Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.

China's PLA extends unprecedented military drills around Taiwan

China's PLA extends unprecedented military drills around Taiwan

Rediff.com8 Aug 2022

China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.

New margin norms are bad news for traditional brokers

New margin norms are bad news for traditional brokers

Rediff.com7 Sep 2020

Market players said the new norms were more suited for online brokers, where clients were typically internet savvy.

Coming Soon! RBI's CBDCs Revolution

Coming Soon! RBI's CBDCs Revolution

Rediff.com20 Aug 2021

If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.

GDP likely to grow at 5.8% in Oct-Dec: SBI report

GDP likely to grow at 5.8% in Oct-Dec: SBI report

Rediff.com18 Feb 2022

The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report- Ecowrap. The country's economy expanded by 8.4 per cent in the second quarter of 2021-22, to cross pre-pandemic levels. However, the GDP growth in July-September period was slower than the 20.1 per cent expansion in the previous quarter.

'Booking is like boarding a train after reservation'

'Booking is like boarding a train after reservation'

Rediff.com7 Jun 2021

'Some are doing one vaccination with one mobile number and the second with another.' 'Creating more accounts will not multiply the number of slots.'

Why the US has sanctioned Putin's daughters

Why the US has sanctioned Putin's daughters

Rediff.com7 Apr 2022

Asked why the United States was targeting Putin's daughters, a senior Biden administration official said the US thought they could be in control of some of their father's assets.

US-orchestrated UN report on Uygur Muslims illegal, null and void: China

US-orchestrated UN report on Uygur Muslims illegal, null and void: China

Rediff.com1 Sep 2022

The UN report stated that China has committed to "other predominantly Muslim communities" in Xinjiang Uyghur Autonomous Region

Covid runs rampant in China as govt seems absent

Covid runs rampant in China as govt seems absent

Rediff.com26 Dec 2022

One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.