News for 'central funds'

Cybercriminals fake courtroom, dupe MNC executive of Rs 59 lakh

Cybercriminals fake courtroom, dupe MNC executive of Rs 59 lakh

Rediff.com19 Sep 2024

In his complaint, the victim alleged that on September 12, he received a video call from a person claiming to be from the Telecom Regulatory Authority of India, who told him that his mobile number will be blocked.

Should you invest in long-duration funds?

Should you invest in long-duration funds?

Rediff.com31 Mar 2023

'The long maturity of these funds makes them well-suited for long-term financial goals such as saving for retirement or children's education or marriage.'

'Funds for central schemes being misused in UP'

'Funds for central schemes being misused in UP'

Rediff.com4 Feb 2012

Alleging that funds meant for central schemes were being misused by the Uttar Pradesh government even as the projects were running smoothly in other states, Congress star campaigner Priyanka Gandhi on Saturday exhorted electorates to realise the importance of their vote.

Landslide survivors' rehab key issue in Wayanad LS bypoll

Landslide survivors' rehab key issue in Wayanad LS bypoll

Rediff.com27 Oct 2024

Local residents have stressed that land acquisition for rehabilitation must be completed promptly, as it has been delayed after estate owners challenged it in the Kerala high court.

ED summons Abhishek Banerjee on November 9

ED summons Abhishek Banerjee on November 9

Rediff.com8 Nov 2023

The Enforcement Directorate (ED) has summoned Trinamool Congress MP Abhishek Banerjee to appear before it in Kolkata on November 9 in connection with the alleged school jobs scam, a TMC leader said on Wednesday.

Markets: 'India Will Be In A Brighter Position'

Markets: 'India Will Be In A Brighter Position'

Rediff.com8 Aug 2024

'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

What will happen to Rs 25K-cr undistributed fund in Sebi-Sahara accounts?

What will happen to Rs 25K-cr undistributed fund in Sebi-Sahara accounts?

Rediff.com15 Nov 2023

The undistributed funds totalling over Rs 25,000 crore lying with the capital markets regulator Sebi's account have come back into focus after the demise of Sahara Group's chief Subrata Roy. Roy passed away in Mumbai on Tuesday night at the age of 75 after battling a prolonged illness. He faced multiple regulatory and legal battles in connection with his group firms that were accused of circumventing regulations with ponzi schemes, allegations his group always denied.

Ayushman Bharat now covers all 70+ citizens; 4.5 cr families to benefit

Ayushman Bharat now covers all 70+ citizens; 4.5 cr families to benefit

Rediff.com12 Sep 2024

The Rs 5 lakh free health insurance cover would benefit senior citizens of around 4.5 crore families. Eligible beneficiaries would be issued a new distinct card under the scheme, the government said.

Hold On To Equity Funds in 2023

Hold On To Equity Funds in 2023

Rediff.com19 Jan 2023

Many investors want to exit equities now and re-enter when they begin to rise. Such timing is difficult to pull off.

What You Can Now Expect Every Election

What You Can Now Expect Every Election

Rediff.com6 Dec 2024

A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.

High Court Restores Construction Workers' Rights

High Court Restores Construction Workers' Rights

Rediff.com9 Nov 2024

Justices Arif S Doctor and Somasekhar Sundaresan held there was nothing in the MCC that would interfere with the Board's ongoing activities.

Sorry state of affairs: SC slams Uttarakhand for forest fires

Sorry state of affairs: SC slams Uttarakhand for forest fires

Rediff.com15 May 2024

Terming it a "very sorry state of affairs", the apex court said the state was just trying to find some excuse or the other.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Oct 2024

Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.

Is Priyanka A Political Tourist In Wayanad?

Is Priyanka A Political Tourist In Wayanad?

Rediff.com2 Nov 2024

When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.

RG Kar rape-murder case: Can of worms opened, but CBI still clueless

RG Kar rape-murder case: Can of worms opened, but CBI still clueless

Rediff.com9 Sep 2024

The investigators are unable to join several dots due to lack of evidence from the crime scene.

RBI seeks details of select NBFCs' loan book growth

RBI seeks details of select NBFCs' loan book growth

Rediff.com25 Sep 2024

The Reserve Bank of India (RBI) has sought granular data from select non-banking financial companies (NBFCs) on their loan book growth. The details sought are on the outstanding product-wise portfolio and the annualised interest charged on them. The annualised interest slabs mentioned are as follows: less than 10 per cent, 10-20 per cent, 20-30 per cent, 30-40 per cent, 40-50 per cent, and above 50 per cent.

'Living Standards For Indians Will Rise Steeply'

'Living Standards For Indians Will Rise Steeply'

Rediff.com5 Oct 2024

'It took us 75 years to reach a per capita income of $2,730.' 'According to IMF projections, it will take only five years to add another $2,000.'

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Champions Trophy to be held entirely in Pakistan: PCB

Champions Trophy to be held entirely in Pakistan: PCB

Rediff.com7 Jul 2024

PCB Chairman Mohsin Naqvi said the Champions Trophy would be held entirely in Pakistan.

Art 370 won't be restored even if Indira Gandhi returns: Amit Shah

Art 370 won't be restored even if Indira Gandhi returns: Amit Shah

Rediff.com13 Nov 2024

Union Home Minister Amit Shah on Wednesday asserted that Article 370, which granted special status to Jammu and Kashmir, will not be restored even if Congress stalwart and late PM Indira Gandhi comes down from heaven.

Plan To Invest In Target Maturity Funds?

Plan To Invest In Target Maturity Funds?

Rediff.com12 Dec 2022

TMFs invest in a public index, so investors know beforehand which instruments the fund will invest in.

Many MPs not keen to donate funds to PM CARES

Many MPs not keen to donate funds to PM CARES

Rediff.com2 Apr 2020

Many feel that the money from their MPLADS should go directly to a district hospital in their respective constituencies rather than a central fund like PM CARES. Archis Mohan reports.

100 Indian Elephants March To New York

100 Indian Elephants March To New York

Rediff.com5 Sep 2024

Why is the Big Apple welcoming our pachyderms? And how is India teaching the world about living with wildlife?

'Putting coal-fired plants is like committing a sin'

'Putting coal-fired plants is like committing a sin'

Rediff.com17 Aug 2024

'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'

New Gold Bonds Depend On Market Conditions

New Gold Bonds Depend On Market Conditions

Rediff.com28 Sep 2024

The government does not seem keen on issuing fresh gold bonds given the overall cost and rising gold prices.

Why There Is A Surge In Demat Accounts

Why There Is A Surge In Demat Accounts

Rediff.com6 Sep 2024

The total number of demat accounts in the country stood at 171.1 million as of August 31.

Mamata, BJP trade verbal blows over NIA team attack in Bengal

Mamata, BJP trade verbal blows over NIA team attack in Bengal

Rediff.com6 Apr 2024

West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.

TISS withdraws sacking notice for 105 staffers amid backlash

TISS withdraws sacking notice for 105 staffers amid backlash

Rediff.com30 Jun 2024

In the circular, the TISS said all 55 faculty and 60 non-teaching staff were appointed under programmes funded by Tata Education Trust and were on a contractual basis with exact programme period.

BJP will implement UCC in J'khand, tribals excluded: Amit Shah

BJP will implement UCC in J'khand, tribals excluded: Amit Shah

Rediff.com3 Nov 2024

Shah, while releasing the saffron party's manifesto 'Sankalp Patra' for the upcoming assembly elections in Jharkhand, announced that a Displacement Commission would be formed to ensure rehabilitation of people displaced by industries and mines in the state.

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

Rediff.com30 Jun 2024

An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.

Modi 3.0: Allies' Pressure Will Differ

Modi 3.0: Allies' Pressure Will Differ

Rediff.com10 Jun 2024

While the coalition will not be unstable because of pressures, the effort from partners will be to constantly remind the central government and the BJP how much it is dependent on them.

SBI's Q1 net profit almost flat at Rs 17,035 crore

SBI's Q1 net profit almost flat at Rs 17,035 crore

Rediff.com3 Aug 2024

State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. The country's biggest lender had posted a net profit of Rs 16,884 crore in the April-June quarter of 2023-24. The bank's total income increased to Rs 122,688 crore in the first quarter against Rs 108,039 crore a year ago, SBI said in a regulatory filing.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

Centre protecting Adani as BJP gets poll funding: Cong

Centre protecting Adani as BJP gets poll funding: Cong

Rediff.com14 Mar 2023

Chief Minister Bhupesh Baghel asked why the prime minister and Centre were scared of ordering a probe into the fraud committed by the Adani Group.

'Don't Panic! India Is An Oasis Of Calm!'

'Don't Panic! India Is An Oasis Of Calm!'

Rediff.com8 Aug 2024

'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'

Time To Lock In Fixed Income?

Time To Lock In Fixed Income?

Rediff.com17 Oct 2024

'Young investors should focus more on equity, while retired senior citizens should prioritise fixed income.' 'Mid-career investors should aim for a balanced allocation.'

Is This What India Will Spend On Defence?

Is This What India Will Spend On Defence?

Rediff.com24 Jul 2024

Going by this Budget's estimate of government spending of Rs 48.2 trillion, the government has allocated a significantly lower percentage to defence -- 12.9 per cent.

Marxist leader Anura Dissanayake wins Sri Lanka's presidential vote

Marxist leader Anura Dissanayake wins Sri Lanka's presidential vote

Rediff.com22 Sep 2024

Anura Kumara Dissanayake, the leader of the Marxist Janatha Vimukthi Peramuna's (JVP) broader front National People's Power (NPP), on Sunday consolidated his lead in the Sri Lanka's presidential election.

Govt cites UPA's response, says no concept of national disaster

Govt cites UPA's response, says no concept of national disaster

Rediff.com10 Aug 2024

The clarification came amid a demand, including from Leader of Opposition in the Lok Sabha Rahul Gandhi, that the landslide tragedy in Kerala's Wayanad be declared a national disaster.