News for 'System of National Accounts'

Nirmalaji's New Headache: Food Scheme Extension

Nirmalaji's New Headache: Food Scheme Extension

Rediff.com5 Jan 2023

The free food scheme is driven by electoral considerations, but its long-term fiscal risks outweigh the short-term gains, cautions A K Bhattacharya.

'Modi trying to turn nation into chowkidars'

'Modi trying to turn nation into chowkidars'

Rediff.com18 Mar 2019

Gandhi stepped up the attack a day after Bharatiya Janata Party intensified its "Main bhi chowkidar" campaign with Modi and other party leaders, including its president Amit Shah prefixing the word chowkidar to their names in their Twitter profile.

India Caucus chiefs ask Biden to not penalise India for buying S-400

India Caucus chiefs ask Biden to not penalise India for buying S-400

Rediff.com27 Oct 2021

Two powerful US Senators have urged President Joe Biden not to impose provisions of the punitive Countering America's Adversaries Through Sanctions Act against India for buying the S-400 surface-to-air missile system from Russia.

4.7 mn Covid deaths in India, says WHO; govt objects

4.7 mn Covid deaths in India, says WHO; govt objects

Rediff.com5 May 2022

India has been consistently objecting to the methodology adopted by the WHO to project excess mortality estimates based on mathematical models, the Union Health Ministry said in a statement.

Biden hails Russia's ouster from UN human rights council

Biden hails Russia's ouster from UN human rights council

Rediff.com8 Apr 2022

The 193-member UN General Assembly on Thursday voted to adopt a draft resolution moved by the US to suspend Russia from the Geneva-based United Nations Human Rights Council (UNHRC) over allegations that Russian soldiers killed civilians while retreating from towns near the Ukrainian capital Kyiv.

PM may announce these health sector initiatives in I-Day speech

PM may announce these health sector initiatives in I-Day speech

Rediff.com14 Aug 2022

Prime Minister Narendra Modi is likely to announce a host of initiatives for the health sector on Independence Day with the highlights being the 'Heal in India' and 'Heal by India' projects and a roadmap to eliminate sickle cell disease by 2047, official sources said.

Why RBI feels banks' asset quality 'may get dented'

Why RBI feels banks' asset quality 'may get dented'

Rediff.com29 Dec 2021

The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.

'Heat wave kills people on a large scale'

'Heat wave kills people on a large scale'

Rediff.com23 Feb 2023

'Already, the temperature has touched 39 degrees in some parts of Gujarat and now we are in the last week of February.' 'We need to activate the heat action plan from March 1.'

India warns of terror groups in Africa controlling political agenda

India warns of terror groups in Africa controlling political agenda

Rediff.com6 Oct 2022

Muraleedharan said that terrorist groups such as Al-Shabaab have put in place elaborate revenue collection networks, to support their terrorist activities.

FULL TEXT of PM's address to the nation

FULL TEXT of PM's address to the nation

Rediff.com31 Dec 2016

The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.

Quad ministers oppose 'unilateral' move to change status quo in China seas

Quad ministers oppose 'unilateral' move to change status quo in China seas

Rediff.com3 Mar 2023

The top diplomats of Quad nations on Friday denounced as "inadmissible" any use or threat of use of nuclear weapons in the Ukraine war and strongly opposed any "unilateral actions" that seek to change the status quo in the South and East China Seas, a region that has witnessed increasing Chinese military offensive.

Army unearths illegal call exchanges used by Pak spies

Army unearths illegal call exchanges used by Pak spies

Rediff.com10 Jun 2021

The officials said Pakistani intelligence operatives have adopted the modus operandi of investing in illegal call exchanges that switch Voice over Internet Protocol (VoIP) calls to normal Indian mobile calls.

A Chor-Police Potboiler

A Chor-Police Potboiler

Rediff.com7 Mar 2023

The Hyderabad Heist is a blow-by-blow account of an audacious theft committed in 2018, and a recounting of how the Hyderabad Police combined technology and human intelligence to crack the case.

It's high time India built a competitive banking system

It's high time India built a competitive banking system

Rediff.com21 Sep 2015

Multiple organisations of different kinds with overlapping goals would be a dream situation for those who believe in competition and innovation.

India home to 18 of 20 cities with most severe rise in PM2.5 pollution: Report

India home to 18 of 20 cities with most severe rise in PM2.5 pollution: Report

Rediff.com17 Aug 2022

The report Air Quality and Health in Cities combined ground-based air quality data with satellites and models to produce air quality estimates for cities around the world.

CBI/ED Raids And The Danger To The Republic

CBI/ED Raids And The Danger To The Republic

Rediff.com24 Aug 2022

Within a few hours of Nitish Kumar leaving the NDA, entirely reasonable people were speculating as to how the CBI or ED could be used against him or his party, notes Mihir S Sharma.

Why Is Modi Chipping Away At EPFO?

Why Is Modi Chipping Away At EPFO?

Rediff.com4 Oct 2021

Will the EPFO be required to deduct tax at source or will the employee have to calculate the tax and pay it separately?

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Rediff.com19 Apr 2022

Prime Minister Mahinda Rajapaksa became the only member of the family to retain a cabinet position in his younger brother Gotabaya Rajapaksa's new cabinet of 17 ministers appointed on Monday, as the island nation was facing the worst economic crisis.

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

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.

CAs scramble to fathom new whistleblowing law

CAs scramble to fathom new whistleblowing law

Rediff.com2 Nov 2021

Chartered accountants are readying themselves for a higher onus on individuals to report violations that they come across as part of their work. There has been a scramble to understand the implications as the non-compliance with laws and regulations (NOCLAR) comes into effect in less than six months. It is applicable from April 1, 2022 after being deferred earlier because of the Covid-19 pandemic.

Overburdened by debt? This company may be of help

Overburdened by debt? This company may be of help

Rediff.com27 Oct 2022

'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Rediff.com19 Apr 2022

A statement issued by the Prime Minister's Office on Monday said that Mahinda Rajapaksa intends to propose a new Constitutional Amendment to the cabinet in order to fulfil the people's aspirations.

India projected to surpass China as most populous country by 2023: UN report

India projected to surpass China as most populous country by 2023: UN report

Rediff.com11 Jul 2022

Th report predicted that the world population is to reach eight billion by mid-November 2022.

'Should We Hand Over PSBs To Private Sector'?

'Should We Hand Over PSBs To Private Sector'?

Rediff.com10 Aug 2022

'We have to think of the repercussions if public sector banks are privatised and if they go to foreign hands.'

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.

Gujarat: Former TV anchor Isudan Gadhvi is AAP's CM candidate

Gujarat: Former TV anchor Isudan Gadhvi is AAP's CM candidate

Rediff.com4 Nov 2022

The Aam Aadmi Party on Friday named former TV anchor and journalist Isudan Gadhvi as its chief ministerial candidate for next month's assembly elections in Gujarat.

What Tamil Nadu Does Today, India May Do Tomorrow

What Tamil Nadu Does Today, India May Do Tomorrow

Rediff.com23 Mar 2023

Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.

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.

Infra Brushstrokes For The Budget

Infra Brushstrokes For The Budget

Rediff.com30 Jan 2023

7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.

Govt begins process to amend IPC, CrPC; seeks suggestions from stake holders

Govt begins process to amend IPC, CrPC; seeks suggestions from stake holders

Rediff.com23 Mar 2022

Mishra said the department-related parliamentary standing committee on home affairs in its 146th report had recommended that there is a need for a comprehensive review of the criminal justice system of the country.

You will soon be able to withdraw cash from digital wallets

You will soon be able to withdraw cash from digital wallets

Rediff.com8 Apr 2021

The Reserve Bank of India (RBI) on Wednesday proposed to make interoperability mandatory for digital payments firms. It also allowed users to withdraw cash from e-wallets and fintech companies to process RTGS and NEFT transactions. The RBI expressed dissatisfaction over prepaid payment instruments' (PPIs') failure to migrate towards full-KYC (know your customer) PPIs, and therefore interoperability, even two years after guidelines were issued.

Indian economy poised for further growth in 2023 despite global headwinds

Indian economy poised for further growth in 2023 despite global headwinds

Rediff.com2 Jan 2023

The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.

We need Modi the Thanedar, not Chowkidar

We need Modi the Thanedar, not Chowkidar

Rediff.com8 Apr 2022

I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.

'If Darshan Solanki had got some support at IIT...'

'If Darshan Solanki had got some support at IIT...'

Rediff.com15 Feb 2023

'In IIT, most faculty members have a bias against SC/ST students.' 'SC/ST and OBC students have no idea whom to approach for support.'

'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.'

Why Is Nepal Keeping This Indian In Jail?

Why Is Nepal Keeping This Indian In Jail?

Rediff.com10 Jun 2022

'Seven months he has been in jail for no reason.'

Is Peace in Ukraine Possible?

Is Peace in Ukraine Possible?

Rediff.com10 Apr 2023

The responsibility for peace in Ukraine now rests in the hands of the two principal belligerents, Russia and the US, and the prime victim of this great power rivalry, Ukraine, points out Nitin Desai.

'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.'

Suspense remains over CAATSA waiver to India on S400 purchase

Suspense remains over CAATSA waiver to India on S400 purchase

Rediff.com24 Nov 2021

The United States has not made a determination yet on any potential Countering America's Adversaries Through Sanctions Act (CAATSA) waiver to India with regard to its purchase of S-400 missile defence system from Russia, the Biden Administration said Tuesday.