News for 'System of National Accounts'

'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.'

COP28 clinches deal on transition away from fossil fuels

COP28 clinches deal on transition away from fossil fuels

Rediff.com13 Dec 2023

Adopted after nearly two weeks of hectic negotiations, the first Global Stocktake deal, being termed the UAE consensus, urges countries to accelerate efforts toward the phase-down of unabated coal power, which is a climb down after India and China strongly resisted the singling out of coal.

How We Can Have A Credible NIRF Ranking

How We Can Have A Credible NIRF Ranking

Rediff.com6 Apr 2023

Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.

'Despite Covid we don't care about health'

'Despite Covid we don't care about health'

Rediff.com7 Feb 2024

'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'

Consensus remains elusive on common BRICS currency

Consensus remains elusive on common BRICS currency

Rediff.com23 Aug 2023

Consensus remained elusive on a common BRICS currency as business leaders from the five-bloc nations debated the pivotal issue at a business forum on the periphery of a summit of the five-member bloc being hosted here by South Africa. In their two addresses at the Summit so far, the leaders of Brazil, Russia, India, China and South Africa have made no or scant references to the issue either. "The BRICS Business Forum discussed the international payments system in detail. "Participants also debated the question of whether a BRICS currency is possible or desirable, with strong views expressed both for and against and little consensus reached," Sim Tshabalala, chief executive of Standard Bank Group, told several hundred captains of industry from the partner countries and over 40 other nations across the globe at the Summit.

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

Why foreign brokerages remain bullish on Paytm stock

Why foreign brokerages remain bullish on Paytm stock

Rediff.com5 Mar 2024

Shares of One97 Communications (OCL), which provides financial services under the brand 'Paytm', and has a banking arm Paytm Payments Bank (PPBL), hit the 5 per cent upper circuit at Rs 428.10 on the National Stock Exchange (NSE) in Monday's (February 26) intraday trade. The up move in the stock on Monday came after the Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI), in post stock market hours, to look into the possibility of migrating PPBL customers, using the UPI handle '@paytm', to four-to-five other banks.

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.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

Amid strained ties, Trudeau joins G-20 meet; and says...

Amid strained ties, Trudeau joins G-20 meet; and says...

Rediff.com23 Nov 2023

Canadian Prime Minister Justin Trudeau highlighted the importance of coordinated G20 leadership and action to uphold the rule of law and international law and strengthen democratic systems, as he participated in a virtual G20 Leaders' Summit hosted by India.

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

India accounts for 50% of the world's hungry

India accounts for 50% of the world's hungry

Rediff.com17 Sep 2010

925 million people will suffer chronic hunger this year.

2014 and the question of accountability

2014 and the question of accountability

Rediff.com31 Jan 2014

Rahul Gandhi thinks his imaginary Congress is the silver bullet; Narendra Modi thinks he himself is the silver bullet; Arvind Kejriwal seems to think that neighbourhood councils are a silver bullet. But none of them is right, says Mihir S Sharma.

How Indian govt plans to use Jan Dhan accounts

How Indian govt plans to use Jan Dhan accounts

Rediff.com4 Sep 2015

The announcement comes on the first anniversary of the project.

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.

A PAN-based online system to resolve tax woes

A PAN-based online system to resolve tax woes

Rediff.com25 Nov 2015

The tax department is on a spree to ensure more taxpayers in the country use the PAN card.

Who Fared Better On Economy? Modi Or Manmohan

Who Fared Better On Economy? Modi Or Manmohan

Rediff.com15 Feb 2024

Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.

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.

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.

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.'

'India Offers Once In A Lifetime Opportunity To Create Wealth'

'India Offers Once In A Lifetime Opportunity To Create Wealth'

Rediff.com3 May 2024

'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'

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.

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

SBI declines to share quantum of money in suspended accounts

SBI declines to share quantum of money in suspended accounts

Rediff.com4 May 2017

The interest money which is not claimed by people due to religious obligations is kept in suspended bank accounts.

'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.

Indian economy's value to hit Rs 111.7 trillion in FY14

Indian economy's value to hit Rs 111.7 trillion in FY14

Rediff.com28 Jan 2015

The revision in base year of India's national accounts will increase the size of the economy to Rs 111.7 trillion in FY14, India Ratings (Ind-Ra) said on Wednesday.

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.

Dowry deaths account for 40-50% of female homicides in India: Report

Dowry deaths account for 40-50% of female homicides in India: Report

Rediff.com27 Nov 2018

In India the female homicide rate in 2016 was 2.8 per cent, higher than the rate in Kenya (2.6), Tanzania (2.5), Azerbaijan (1.8), Jordan (0.8) and Tajikistan (0.4).

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.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

'RSS is greatest threat to national security'

'RSS is greatest threat to national security'

Rediff.com19 Dec 2010

Congress general secretary Digvijay Singh, who had created a stir with his remarks on Hindu terror, attacked the Rashtriya Swayamsevak Sangh yet again at the AICC plenary session at New Delhi on Sunday.

UIDAI clears the air on linking Aadhaar with bank accounts

UIDAI clears the air on linking Aadhaar with bank accounts

Rediff.com19 Oct 2018

The Aadhaar-enabled payment system, or AEPS, allows consumers who don't have smartphones or debit cards to perform basic banking transactions like cash deposit, cash withdrawal, intrabank or interbank fund transfer, balance enquiry and obtaining a mini statement through biometric authentication at micro-ATMs.

With 11.5 crore accounts, Jan Dhan bags Guinness Record

With 11.5 crore accounts, Jan Dhan bags Guinness Record

Rediff.com20 Jan 2015

Prime Minister Narendra Modi announced the financial inclusion scheme in his first Independence Day speech last year.

Modi launches Jan Dhan scheme, 1.5 cr bank accounts opened

Modi launches Jan Dhan scheme, 1.5 cr bank accounts opened

Rediff.com28 Aug 2014

Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.

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.

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

'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.'

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.

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.'

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.