News for 'Utilisation of Funds'

How I Want To Make Our Planet Liveable

How I Want To Make Our Planet Liveable

Rediff.com30 Dec 2023

Nothing is more promising than countries putting aside hubris and ideological differences to invest in our shared future, observes Durga Sreenivasan, a delegate at COP28.

Nano City Haryana to raise funds through equity

Nano City Haryana to raise funds through equity

Rediff.com11 Nov 2009

The company is hopeful of acquiring 600 acres of land by January 2010.

'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

Rediff.com12 Jan 2024

'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'

PIL filed against Nitish over Kosi relief fund

PIL filed against Nitish over Kosi relief fund

Rediff.com21 Jun 2010

A public interest litigation was on Monday filed in the Patna high court against Bihar Chief Minister Nitish Kumar for allegedly not utilising the Rs five crore in funds received from Gujarat in 2008 for Kosi flood relief.Chhaya Sarkar filed the PIL alleging that the chief minister, who was the chairman of the state disaster management authority, had committed an offence under Section 53 of the Disaster Management Act, 2005 by not using the funds received from Gujarat.

'Midcaps, Smallcaps: Exercise Caution'

'Midcaps, Smallcaps: Exercise Caution'

Rediff.com21 Mar 2024

'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are still a considerable distance from being overstretched.'

'Black money be brought back for state funding of polls'

'Black money be brought back for state funding of polls'

Rediff.com14 Aug 2012

West Bengal Chief Minister Mamata Banerjee on Tuesday suggested that black money stashed away abroad be brought back to the country for state funding of elections.

At COP28, Modi proposes to host 2028 climate talks in India

At COP28, Modi proposes to host 2028 climate talks in India

Rediff.com2 Dec 2023

Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.

Bihar suspends teachers' training, deploys them for caste survey

Bihar suspends teachers' training, deploys them for caste survey

Rediff.com2 Aug 2023

In a letter, State Council of Educational Research and Training director Sajjan R urged competent authorities to immediately suspend all such teachers' training programmes.

Sitharaman asks banks, FIs to ensure customers nominate heirs

Sitharaman asks banks, FIs to ensure customers nominate heirs

Rediff.com5 Sep 2023

Finance Minister Nirmala Sitharaman on Tuesday asked banks and other financial institutions to ensure that their customers must update nominees to help resolve the problem of unclaimed money in future. "I want the banking system, the financial ecosystem including the mutual funds, stock markets to keep in mind that when someone deals with his (customer's) money, the organisations will have to think about the future and ensure that customers nominate their heirs, give the name and address," Sitharaman said speaking at the Global Fintech Fest (GFF) in Mumbai. According to a report, the banking system alone has more than Rs 35,000 crore of unclaimed deposits, while the overall quantum of the unclaimed money is said to be more than Rs 1 lakh crore.

Hathras: ED may probe if dubious funds used to fuel protests

Hathras: ED may probe if dubious funds used to fuel protests

Rediff.com6 Oct 2020

The ED may soon register a money laundering case to probe if dubious funds were used for allegedly fuelling caste-based protests in the wake of the alleged gang-rape and death of a Dalit woman in Uttar Pradesh's Hathras, officials said.

Expats can send up to Rs 10L to Indian relatives as govt amends FCRA rules

Expats can send up to Rs 10L to Indian relatives as govt amends FCRA rules

Rediff.com2 Jul 2022

In a notification, the home ministry also said if the amount exceeds, the individuals will now have 90 days to inform the government instead of 30 days earlier.

Orissa MNREGA funds: SC orders CBI probe

Orissa MNREGA funds: SC orders CBI probe

Rediff.com12 May 2011

A bench comprising Chief Justice S H Kapadia and justices K S Radhakrishnan and Swatanter Kumar directed the CBI to conduct the probe on the basis of the survey reports provided by the petitioner, CAG report and the National Institute of Rural Development.

SC to hear Rana Ayyub's plea against ED summons on Monday

SC to hear Rana Ayyub's plea against ED summons on Monday

Rediff.com22 Jan 2023

Grover had said a summons was issued by the special court in Ghaziabad against Ayyub for January 27 and therefore the matter be listed urgently.

Can Congress repeat 2018 poll magic in Chhattisgarh?

Can Congress repeat 2018 poll magic in Chhattisgarh?

Rediff.com13 Oct 2023

Here is a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the ruling Congress in Chhattisgarh.

GST Compensation Fund: Centre to get bigger share

GST Compensation Fund: Centre to get bigger share

Rediff.com27 Mar 2017

Any residual amount left in the Compensation Fund after five year compensation period shall be shared equally between the Centre and the states.

SC to hear Rana Ayyub's plea against ED summons

SC to hear Rana Ayyub's plea against ED summons

Rediff.com17 Jan 2023

The Supreme Court on Tuesday agreed to hear the petition of journalist Rana Ayyub challenging the summons issued to her by a special Prevention of Money Laundering Act (PMLA) court in Ghaziabad in a money laundering case lodged against her by the Enforcement Directorate (ED).

'Satta ka khel': BJP vs Cong over Baghel-Mahadev app row

'Satta ka khel': BJP vs Cong over Baghel-Mahadev app row

Rediff.com4 Nov 2023

The Congress alleged that the claims made by the ED against Baghel are part of a "conspiracy" hatched by the BJP to tarnish the Chhattisgarh chief minister's image and asserted that the people of the state would give a befitting reply to such tactics in the upcoming Assembly poll.

Share of low-cost money in bank deposits dips in FY23 amid clamour for FDs

Share of low-cost money in bank deposits dips in FY23 amid clamour for FDs

Rediff.com12 Apr 2023

The share of low-cost money in total deposits continued to take a knock at the close of FY23 as banks engaged in intense competition by offering higher interest rates on term money to garner funds amid tight liquidity conditions. The share of current accounts and saving accounts (CASA) in total deposits declined by 2-4 per cent by end of March 2023 from March 2022 figure, according to BSE filings by private banks. The ease of movement of funds on digital platforms and the deployment of money by businesses from current accounts also played a role in dwindling the share of CASA money.

Use of Indian languages key for increasing internet access in India: Report

Use of Indian languages key for increasing internet access in India: Report

Rediff.com13 Mar 2024

Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.

5 really SMART tips to get funds for your start-up

5 really SMART tips to get funds for your start-up

Rediff.com30 Dec 2019

It is very important for founders and entrepreneurs to do thorough background research about the investors, before confirming any association, says Nikesh Patadia.

Sitharaman brushes aside army's concerns over shortage of funds

Sitharaman brushes aside army's concerns over shortage of funds

Rediff.com11 Apr 2018

Vice Chief of Army Staff Lt Gen Sarath Chand had told the parliamentary panel that inadequate allocation of funds in the defence budget for 2018-19 will hit the army's modernisation plan.

Are tax-saving funds good?

Are tax-saving funds good?

Rediff.com9 Apr 2005

Tax-saving funds add value to your portfolio, but you must ensure that your ELSS investments are always in tune with your risk-appetite.

Which fund is most suitable for you?

Which fund is most suitable for you?

Rediff.com10 Jul 2018

I would advise at least a 7 year investment time frame for Equity Investing

CBI charges Malayalam author Zacharia, 4 others in FCRA case

CBI charges Malayalam author Zacharia, 4 others in FCRA case

Rediff.com13 Dec 2021

The Central Bureau of Investigation has filed a charge sheet against noted Malayalam author Paul Zacharia and four others including two charitable organisations in a case related to embezzlement of foreign funds.

End-use of IPO funds under lens

End-use of IPO funds under lens

Rediff.com2 Nov 2009

Ministry of corporate affairs directs Registrar of Companies to conduct quarterly scrutiny

12 state bodies won't use funds till further orders: BCCI tells SC

12 state bodies won't use funds till further orders: BCCI tells SC

Rediff.com26 Oct 2016

The Board of Control for Cricket in India informed the Supreme Court on Tuesday that 12 of its member associations have kept the funds received by the cricket body in term deposit and they will not utilise them until further orders of the apex court.

Home ministry recommends CBI probe into NGO Oxfam India

Home ministry recommends CBI probe into NGO Oxfam India

Rediff.com6 Apr 2023

The Union home ministry on Thursday recommended a Central Bureau of Investigation probe into the affairs of the Indian arm of the global NGO Oxfam for alleged violation of the Foreign Contribution (Regulation) Act, sources said.

India to extend funds to developing nations

India to extend funds to developing nations

Rediff.com3 Jun 2003

India will extend new credit lines to developing countries from the corpus of India Development Initiative Fund.\n\n\n\n

SC orders states to pay Covid compensation to victims' kin at earliest

SC orders states to pay Covid compensation to victims' kin at earliest

Rediff.com18 Jul 2022

The Supreme Court on Monday directed all states and Union territories to ensure payment of compensation to family members of Covid-19 victims without wasting any time.

Why Congress under Baghel is sitting pretty in Chhattisgarh

Why Congress under Baghel is sitting pretty in Chhattisgarh

Rediff.com10 Oct 2023

Here is a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the ruling Congress in Chhattisgarh.

How Much Did Govt Spend On Minorities?

How Much Did Govt Spend On Minorities?

Rediff.com4 Apr 2023

The ministry of minority affairs informed the Lok Sabha that in 2022-2023, it had been allotted Rs 5,020.5 crore (Rs 50.20 billion); in the Revised Estimates, it had got Rs 2,612.66 crore (Rs 26.12 billion); and had spent, until the end of March this year, Rs 712.5 crore (Rs 7,12 billion).

HC upholds Kejriwal's arrest, says law applies equally to all

HC upholds Kejriwal's arrest, says law applies equally to all

Rediff.com9 Apr 2024

In a massive setback to Delhi Chief Minister Arvind Kejriwal, the Delhi high court on Tuesday dismissed his petition challenging his arrest in a money laundering case stemming from the alleged excise scam, saying there was no contravention of legal provisions.

How To Start A Business: 14 Tips

How To Start A Business: 14 Tips

Rediff.com1 Apr 2024

Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.

How to build an emergency fund in three easy steps

How to build an emergency fund in three easy steps

Rediff.com29 Nov 2017

Financial planning advisor Amar Pandit explains the most important steps for accumulating a contingency fund but cautions that this money should be spent wisely.

Govt puts Ford Foundation on 'watch list'; curbs on funding

Govt puts Ford Foundation on 'watch list'; curbs on funding

Rediff.com24 Apr 2015

In a fresh crackdown on foreign fundings to NGOs, the Union Home Ministry has put the Ford Foundation of the USA on its "watch list" and ordered that all funds coming from the international organisation have to be routed only with its nod due to "national security concerns".

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

Reduce choppiness in debt funds with SIPs

Reduce choppiness in debt funds with SIPs

Rediff.com20 Dec 2013

In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rediff.com20 Apr 2022

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department may have an adverse impact on the implementation of infrastructure (infra) projects in 2022-23 (FY23). While the Department for Promotion of Industry and Internal Trade (DPIIT) had sought Rs 10,267 crore from the finance ministry for FY23, it received Rs 8,348-crore allocation. For the National Industrial Corridor Development & Implementation Trust (NICDIT), the finance ministry has allocated Rs 1,500 crore instead of Rs 2,400 crore demanded for the project.

Contractors must be held accountable for shoddy construction: Karnataka HC

Contractors must be held accountable for shoddy construction: Karnataka HC

Rediff.com8 Jun 2023

The high court also directed that engineers involved in shoddy constructions using public money be brought to book.

BSNL, MTNL failed to use most of the govt funds

BSNL, MTNL failed to use most of the govt funds

Rediff.com30 Dec 2012

During financial year 2011-12, MTNL was able to use only 14.66 per cent of the Budget estimate, while BSNL reported a better performance, according to a report by the standing committee on information technology.