News for 'asset declaration'

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Rediff.com18 May 2023

There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.

Is Stalin Slipping Up In A Poll Year?

Is Stalin Slipping Up In A Poll Year?

Rediff.com28 Apr 2023

ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.

198 crorepatis in fray for first phase of Gujarat polls

198 crorepatis in fray for first phase of Gujarat polls

Rediff.com1 Dec 2017

While the ruling Bharatiya Janata Party has given tickets to 76 'crorepati' candidates, the opposition Congress has fielded 60 such nominees. They are followed by seven from the Nationalist Congress Party, six from the Aam Aadmi Party and two from the Bahujan Samaj Party.

Jayalalithaa's Death: Will Sasikala Be Prosecuted?

Jayalalithaa's Death: Will Sasikala Be Prosecuted?

Rediff.com21 Oct 2022

Jayalalithaa was the third chief minister in Tamil Nadu to die in office, after her mentor M G Ramachandran (1987) and before that his mentor C N Annadurai (1969). The state government should have evolved protocols for the medical care of the incumbent, and institutional memory should have guided the government and officials in the matter, points out N Sathiya Moorthy.

Rahul Could Become Central to Anti-BJP Politics

Rahul Could Become Central to Anti-BJP Politics

Rediff.com27 Mar 2023

Anti-Congress regional parties may have felt the possible impact of Rahul's South-North yatra, pending a second East-West padayatra, observes N Sathiya Moorthy.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

RBI guv warns of balance sheet impairment, capital shortfall for banks

RBI guv warns of balance sheet impairment, capital shortfall for banks

Rediff.com11 Jan 2021

Available data obscures the true stress in bank books, and the pandemic will result in balance sheet impairments and capital shortfalls at lenders, RBI Governor Shaktikanta Das said on Monday. Balance sheet impairment and capital shortfalls will be more evident once the regulatory reliefs are rolled back, Das said in the bi-annual Financial Stability Report, asking lenders to augment capital.

A look at some of Mallya's little-known firms

A look at some of Mallya's little-known firms

Rediff.com14 Mar 2016

Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.

ED raids 26 locations in ABG Shipyard bank fraud case

ED raids 26 locations in ABG Shipyard bank fraud case

Rediff.com26 Apr 2022

As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.

The Minister Was Not Expecting Any Question On RTI!

The Minister Was Not Expecting Any Question On RTI!

Rediff.com13 Jan 2023

It is sad that the legislative pre-consultation on such an important bill is being done in a very biased manner, notes Shailesh Gandhi, former Central Information Commissioner, recounting his experience with Minister Rajeev Chandrashekhar.

New bill includes digital media in press registration law's ambit

New bill includes digital media in press registration law's ambit

Rediff.com16 Jul 2022

The Centre has also listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill.

SC clarifies on who can claim share in ancestral wealth

SC clarifies on who can claim share in ancestral wealth

Rediff.com23 May 2022

The Supreme Court (SC) recently declared that a Hindu father or the manager of a Hindu Undivided Family (HUF) has the power to make a gift of ancestral property for a 'pious purpose', but such an alienation can't be permitted 'out of love and affection'. A petitioner had filed a suit against his father and another person called KC Laxmana for partition and separate possession of his one-third share in the property, and for a declaration that the gift or settlement deed executed by his father in favour of the second defendant, KC Laxmana, be declared null and void. Bharat Chugh, former judge and advocate, says, "The plaintiff argued that the property belonged to the joint family (of which Laxmana was not a part), and transfer of property without his consent was not valid." The SC ruled that gifting out of natural love and affection cannot be interpreted as 'pious purpose'.

No car, no property: Mamata's worth Rs 16.72 lakh

No car, no property: Mamata's worth Rs 16.72 lakh

Rediff.com11 Mar 2021

The 66-year-old leader's income for the year 2019-20 was Rs 10,34,370.

IAF inducts India-made light combat helicopters 'Prachand'

IAF inducts India-made light combat helicopters 'Prachand'

Rediff.com3 Oct 2022

The 5.8-tonne twin-engine gunship chopper is armed with air-to-air missiles, 20 mm turret guns, rocket systems and other weapons.

Know How Stock Market Gains Are Taxed

Know How Stock Market Gains Are Taxed

Rediff.com25 Jan 2022

If the shares are purchased for investment, then it would be treated as a capital asset and taxed as capital gains.
But if the shares are bought and sold in a short duration repeatedly, then it would be taxed as business income, explains Amit Gupta.

Grilled for 2 hrs, Sonia Gandhi answers 27 of top 28 questions by ED

Grilled for 2 hrs, Sonia Gandhi answers 27 of top 28 questions by ED

Rediff.com21 Jul 2022

The Enforcement Directorate on Thursday questioned Congress chief Sonia Gandhi in a money laundering case related to the National Herald newspaper and summoned her for a second round of questioning in the case on July 25.

China to block resolution declaring JeM chief Azhar as global terrorist again

China to block resolution declaring JeM chief Azhar as global terrorist again

Rediff.com30 Oct 2017

China had in August extended by three months its technical hold on the proposal to list JeM founder Azhar as a global terrorist after having blocked the move in February this year at the United Nations.

Will EPS Now Take On The BJP?

Will EPS Now Take On The BJP?

Rediff.com29 Mar 2023

The EPS camp believes that the BJP was already arm-twisting the AIADMK into conceding more seats in the 2024 Lok Sabha elections 'than they deserve' observes N Sathiya Moorthy.

The poorest MPs in Parliament are...

The poorest MPs in Parliament are...

Rediff.com31 May 2019

YSR Congress MP Goddeti Madhavi has declared assets of just about Rs 1 lakh whereas the BJP's Pragya Singh Thakur, at 4th poorest, is worth Rs 4.44 lakh.

'Demonetisation didn't impact even 0.001% of black money'

'Demonetisation didn't impact even 0.001% of black money'

Rediff.com17 Nov 2021

'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'

Sunny Deol files nomination from Gurdaspur

Sunny Deol files nomination from Gurdaspur

Rediff.com29 Apr 2019

Deol reminded voters of the patriotic character he played in Gadar and referred to his 'dhai kilo ka haath' from another movie.

Black money: When disclosure is easier said than done

Black money: When disclosure is easier said than done

Rediff.com13 Jul 2015

Meeting the disclosure norms isn't very easy.

Pak Opposition leader Shehbaz Sharif placed on no-fly list

Pak Opposition leader Shehbaz Sharif placed on no-fly list

Rediff.com17 May 2021

The interior minister said Shehbaz had not submitted any medical documents for travelling abroad or specified the treatment for his illness.

Compliance window for domestic black money opens on June 1

Compliance window for domestic black money opens on June 1

Rediff.com31 May 2016

Persons making disclosure of unaccounted assets will be given time up to November 30 to pay taxes

Bank fraud: ED registers money laundering case against ABG Shipyard

Bank fraud: ED registers money laundering case against ABG Shipyard

Rediff.com17 Feb 2022

The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Rediff.com21 Jun 2022

'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'

Highlights of Union Budget 2022-23

Highlights of Union Budget 2022-23

Rediff.com1 Feb 2022

Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.

Kashmir Files spreading hate, stop it, says Farooq

Kashmir Files spreading hate, stop it, says Farooq

Rediff.com16 May 2022

Abdullah said if the gap between the communities is to be bridged, the hateful campaigns like The Kashmir Files film and incessant Hindu-Muslim debates on the media have to be stopped.

NCLT orders insolvency proceedings against Supertech

NCLT orders insolvency proceedings against Supertech

Rediff.com25 Mar 2022

Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group. The NCLT said "there has been a default in payment of the financial debt" and appointed Hitesh Goyal as the Interim Resolution Professional (IRP) superseding the board of Supertech Ltd.

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Rediff.com2 May 2022

The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.

How Bajaj Auto plans to manage surplus funds

How Bajaj Auto plans to manage surplus funds

Rediff.com20 Mar 2021

Bajaj Auto has amended its dividend distribution policy as it seeks to reward its shareholders and boost return ratios. The amended policy will also consider the surplus the company has when calculating the dividend payout as a percentage of profits after tax, the Pune-based firm said in a stock exchange filing on Thursday.

Reliance shareholders approve appointment of Aramco chairman on board

Reliance shareholders approve appointment of Aramco chairman on board

Rediff.com21 Oct 2021

Shareholders of Reliance Industries have approved the appointment of Saudi Aramco Chairman Yasir Al-Rumayyan on the company board, with less than 2 per cent of votes cast against the proposal. Disclosing the results of shareholder votes on the appointment, Reliance in a regulatory filing said 98.03 per cent of votes were cast in favour of the resolution to appoint Al-Rumayyan for three years. As many as 10.89 crore shares or 1.96 per cent voted against the resolution, while 3.23 crore votes were declared invalid due to lack of proper authorisation, it said.

Rahul was misled to consider Channi as poor: Sidhu's wife

Rahul was misled to consider Channi as poor: Sidhu's wife

Rediff.com8 Feb 2022

Aam Aadmi Party's chief ministerial candidate Bhagwant Mann too questioned separately Gandhi's description of Channi as belonging to 'gareeb ghar', asking 'from which angle, is he poor'.

72 crorepatis in Modi's new council of ministers

72 crorepatis in Modi's new council of ministers

Rediff.com8 Jul 2016

With the latest expansion of the Union Council of Ministers, the total number of crorepatis there has risen to 72, while the number of those with declared criminal cases is up at 24, a study said.

1 in 4 UP MLAs has a criminal case; 8 out of 10 are crorepatis

1 in 4 UP MLAs has a criminal case; 8 out of 10 are crorepatis

Rediff.com13 Mar 2017

83 MLAs from the BJP, 11 from the SP, four from the BSP, one from the Congress and three Independents have declared serious criminal cases against themselves in their affidavits.

OPS invites EPS, Sasikala to join hands; Palaniswami rejects

OPS invites EPS, Sasikala to join hands; Palaniswami rejects

Rediff.com18 Aug 2022

Incidentally, Pannerselvam's call for unity also pertained to deposed AIADMK leader VK Sasikala and her nephew TTV Dhinakaran.

SC judge opts out of hearing Mallya's plea against ED move

SC judge opts out of hearing Mallya's plea against ED move

Rediff.com20 Jan 2020

Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya's petition against the confiscation of his properties by the Enforcement Directorate.

UK's PM-in-waiting Liz Truss remains committed to India ties

UK's PM-in-waiting Liz Truss remains committed to India ties

Rediff.com5 Sep 2022

Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.

12 PSBs Post Profit Of Rs 256.85 Billion

12 PSBs Post Profit Of Rs 256.85 Billion

Rediff.com14 Dec 2022

Collectively, the pack of 12 has posted a 50 per cent rise in profits -- Rs 25,685 crore. On a quarter-on-quarter basis (that is, September over June), the rise is 68 per cent. Public sector banks have never had such a stellar performance, explains Tamal Bandyopadhyay.

If China And India Go To War At Sea...

If China And India Go To War At Sea...

Rediff.com12 Dec 2022

The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.