News for 'financial hardship'

Myth and Reality of Manipur is in Its Sport

Myth and Reality of Manipur is in Its Sport

Rediff.com7 Aug 2021

Olympic Silver medalist Mirabai Chani's feat is a story of grit, dedication and desire, but it isn't unique. In Manipur, discovers Vaibhav Raghunandan.

Govt subsidies to fall 39% to Rs 4.33 lakh cr in FY22

Govt subsidies to fall 39% to Rs 4.33 lakh cr in FY22

Rediff.com1 Feb 2022

The government's subsidies on food, fertilisers and petroleum are estimated to decline by 39 per cent to Rs 4,33,108 crore this fiscal and fall further by 27 per cent to nearly Rs 3.18 lakh crore in 2022-23. In its revised Budget (RE) estimate for the 2021-22 fiscal, the government has pegged total subsidies to be at Rs 4,33,108 crore against the actual Budget estimate of Rs 7,07,707 crore in the previous financial year. Out of which, the food subsidy is estimated to decline to Rs 2,86,469 crore in the current fiscal from Rs 5,41,330 crore in 2020-21, while petroleum subsidy is estimated to fall to Rs 6,517 crore from Rs 38,455 crore in the said period.

Loss of Salaried Jobs in Lockdown: 17 million

Loss of Salaried Jobs in Lockdown: 17 million

Rediff.com2 Sep 2020

'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.

'We don't believe in Wickremesinghe'

'We don't believe in Wickremesinghe'

Rediff.com22 Jul 2022

'If Ranil Wickremesinghe starts repressing and suppressing the protesters who represent the people, that will pose a danger for him to continue in office.'

Delhi's Covid surge brings back lockdown scare among migrant workers

Delhi's Covid surge brings back lockdown scare among migrant workers

Rediff.com7 Jan 2022

With a surge in coronavirus cases in Delhi and its neighbouring cities, migrant workers and daily wagers fear another round of lockdown could push them into a severe financial crisis from which they might never recover.

Child sells bird food to help ailing sister

Child sells bird food to help ailing sister

Rediff.com13 Aug 2021

The Hottest Videos of the Week!

India's family structure helps in coping mentally during Covid-19

India's family structure helps in coping mentally during Covid-19

Rediff.com28 Mar 2020

Mental health issues of sports-persons is now a serious topic and recently Australia coach Justin Langer advocated the need to keep a tab on the younger lot as to how they are coping up with trying times.

About 10,000 Indians stranded in Saudi to be evacuated: Swaraj

About 10,000 Indians stranded in Saudi to be evacuated: Swaraj

Rediff.com1 Aug 2016

Her deputy V K Singh is leaving for Saudi Arabia to oversee the evacuation process, she said in a statement in both Houses of Parliament.

IAF releases details of recruitment plan under Agnipath scheme

IAF releases details of recruitment plan under Agnipath scheme

Rediff.com19 Jun 2022

Agniveers once enrolled into the Indian Air Force, will be governed under the Air Force Act 1950, for a period of four years.

Sri Lankan crisis worsens as new finance minister quits, dissidents may walk out

Sri Lankan crisis worsens as new finance minister quits, dissidents may walk out

Rediff.com5 Apr 2022

Sri Lanka's new Finance Minister Ali Sabry on Tuesday resigned, a day after President Gotabaya Rajapaksa appointed him after sacking his brother Basil Rajapaksa amidst the island nation's worst economic crisis.

Finance panel terms of references: 7 states, UTs seek change

Finance panel terms of references: 7 states, UTs seek change

Rediff.com8 May 2018

A memorandum, signed by the chief ministers or finance ministers of Andhra Pradesh, Puducherry, Karnataka, Delhi, West Bengal, Kerala and Punjab, said the terms were disruptive and a cause for concern.

Will you buy 1 lakh rakhis for India's soldiers?

Will you buy 1 lakh rakhis for India's soldiers?

Rediff.com31 Jul 2020

And, in turn, help 1,000 artisans earn Rs 5,000 at a time when they are struggling to cope with financial hardships during the COVID-19 pandemic.

Revealed: How PM Planned Demonetisation

Revealed: How PM Planned Demonetisation

Rediff.com8 Nov 2022

November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.

Deadline to issue Form 16 extended to July 10

Deadline to issue Form 16 extended to July 10

Rediff.com5 Jun 2019

However, the extension leaves the salaried taxpayers with a limited time-frame of just 20 days to file their income tax returns.

Lanka Opposition rejects President's invitation to join unity govt

Lanka Opposition rejects President's invitation to join unity govt

Rediff.com4 Apr 2022

President Gotabaya Rajapaksa on Monday fired Basil Rajapaksa from his post and invited the Opposition parties to join a unity Cabinet to tackle the raging public anger against the hardships caused by the economic crisis.

'RBI has given us 120 days to operationalise SFB'

'RBI has given us 120 days to operationalise SFB'

Rediff.com29 Jun 2021

Only when we are part of the same family, which will happen down the line, then, of course, we will give them (PMC depositors) all the assurance and the comfort.'

'Companies can't sack employees during lockdown'

'Companies can't sack employees during lockdown'

Rediff.com21 Apr 2020

'During the lockdown if you terminate your employee, then you will face action under the NDMA.' 'This will be the first time something like this will happen in the history of India.'

Sitharaman may announce 2nd coronavirus relief package this week

Sitharaman may announce 2nd coronavirus relief package this week

Rediff.com6 Apr 2020

The finance ministry is working on a second relief package for the Indian economy hit hard by the coronavirus outbreak and the 21-day nationwide lockdown imposed to curb the contagion, sources said. Last month, the government announced a Rs 1.70 lakh crore relief package in the form of foodgrains and cash transfers for the poor and vulnerable section of the society to help them deal with the hardships caused by the lockdown. Now, the government is working on a stimulus to be given to hard-hit sectors of the economy after the lockdown is lifted, sources said, adding that an announcement is expected in the next few days depending on the severity of the pandemic.

'I wish my mother was there to support me'

'I wish my mother was there to support me'

Rediff.com9 May 2021

Readers share their mom's special qualities.

Tokyo gold winners to get Rs 75 lakh from IOA

Tokyo gold winners to get Rs 75 lakh from IOA

Rediff.com23 Jul 2021

IOA also said that the member State Olympic Associations "will also receive a sum of Rs 15 lakh each, as a contribution from IOA towards developing sports infrastructure in the states and in encouraging more athletes to take up sports."

Pranab Mukherjee: The president who could never be PM

Pranab Mukherjee: The president who could never be PM

Rediff.com31 Aug 2020

It was a many splendoured political career, which ended at the presidential palace. But the prime minister's post eluded him, even though it was a position he openly aspired for.

Providing food security to migrants is the duty of government: SC

Providing food security to migrants is the duty of government: SC

Rediff.com29 Jun 2021

"The Right to Life as guaranteed by Article 21...gives the right to every human being to live a life of dignity with access to at-least bare necessities of life. To provide food security to impoverished persons is the bounden duty of all States and Governments," the top court observed while issuing a slew of directions on a plea of three activists.

Cauvery water row: SC upholds appeals against 2007 tribunal award

Cauvery water row: SC upholds appeals against 2007 tribunal award

Rediff.com9 Dec 2016

On October 18, the apex court had directed Karnataka to keep supplying Tamil Nadu with 2,000 cusecs of water till further orders.

'Life was very difficult for me as I was faced with too many challenges'

'Life was very difficult for me as I was faced with too many challenges'

Rediff.com18 Feb 2021

This beauty queen's story will inspire you.

Egyptians use Mo Salah mania to sell Ramadan products!

Egyptians use Mo Salah mania to sell Ramadan products!

Rediff.com16 May 2018

Manufacturers have plastered his image on traditional Ramadan products ranging from pillows to lanterns "famous" and paper cut-outs as they try to cash in on his success to offset economic hardships caused by the government's financial reforms.

Army anguished as govt rejects demand for higher pay

Army anguished as govt rejects demand for higher pay

Rediff.com4 Dec 2018

The MSP was introduced to the services recognising their unique service conditions and hardships.

India at CWG: Gymnast Patra eyes medal for better life

India at CWG: Gymnast Patra eyes medal for better life

Rediff.com21 Mar 2018

The 26-year-old artistic gymnast was included in India's CWG squad after he filed a writ petition in the Delhi High Court when his name was initially omitted owing to a tussle between the Gymnastics federation and the Indian Olympic Association.

Indian-origin techie charged with $10m COVID-19 relief fraud

Indian-origin techie charged with $10m COVID-19 relief fraud

Rediff.com14 May 2020

Shashank Rai, 30, allegedly sought millions of dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act from two different banks by claiming to have 250 employees earning wages when, in fact, no employee worked for his alleged business.

'It's an amazing feeling to win Rs 1 crore'

'It's an amazing feeling to win Rs 1 crore'

Rediff.com25 Oct 2021

'During the Fastest Finger First round, my body was shivering.' 'I was both happy and nervous looking at him.'

Lockdown cannot be lifted in one go, PM tells parties

Lockdown cannot be lifted in one go, PM tells parties

Rediff.com8 Apr 2020

Likening the situation in the country to a "social emergency", Prime Minister Narendra Modi on Wednesday made it clear that the nationwide lockdown to contain the spread of Covid-19 cannot be lifted in one go on April 14, asserting that the priority of his government is to "save each and every life".

'People are dying. We are helpless'

'People are dying. We are helpless'

Rediff.com17 May 2021

'Some VIP or minister should come to the ward and see how people are suffering.' 'The pain and suffering of the relatives of the patients who are admitted; let them hear their desperate pleas for medicines and oxygen and ventilators and ICU beds; the cries of the kith and kin of doctors and nurses who are being eaten by the pandemic.'

Google tax mop-up drops 30% in Q1

Google tax mop-up drops 30% in Q1

Rediff.com16 Jul 2020

E-commerce companies that fall within the scope of the equalisation levy include Adobe, Uber, Udemy, Zoom.us, Expedia, Alibaba, Ikea, LinkedIn, Spotify, and eBay.

Continue releasing 2000 cusecs of Cauvery water to TN: SC tells Karnataka

Continue releasing 2000 cusecs of Cauvery water to TN: SC tells Karnataka

Rediff.com18 Oct 2016

The Supreme Court on Tuesday retained its direction to Karnataka to release 2000 cusecs of Cauvery water per day to Tamil Nadu till further orders.

PM transfers Rs 19,500 cr to nearly 10 cr farmers under PM-KISAN

PM transfers Rs 19,500 cr to nearly 10 cr farmers under PM-KISAN

Rediff.com9 Aug 2021

Under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Centre provides an annual financial benefit of Rs 6,000 to eligible beneficiary farmers in three equal four-monthly installments of Rs 2,000 each.

'Before I leave this world, I want one Indian to get that medal'

'Before I leave this world, I want one Indian to get that medal'

Rediff.com19 Jun 2021

'The gold medal that slipped out of my hand at the Rome Olympics must come to us.'

Strikes, lockouts haunt Bengal jute industry

Strikes, lockouts haunt Bengal jute industry

Rediff.com5 Feb 2013

Given the hardships faced by the jute mill industry in West Bengal, one of the few surviving manufacturing sectors in the state, industry experts say a strike threat is looming large, which could lead to more lockouts.

Why should RBI be answerable to SC, asks Deepak Parekh

Why should RBI be answerable to SC, asks Deepak Parekh

Rediff.com3 Jul 2020

The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.

This Ramzan, poor Muslims struggle for food in lockdown

This Ramzan, poor Muslims struggle for food in lockdown

Rediff.com23 May 2020

With mosques shut, workers and daily wage workers are left to fend for themselves, underscoring once again the magnitude of the crisis of unemployment and poverty triggered by the lockdown, which began on March 25 to stem the spread of the coronavirus.

First salary: From Rs 1500 to starting my own company

First salary: From Rs 1500 to starting my own company

Rediff.com16 Dec 2019

Hari Krishnan Nair from Chennai shares his inspiring story.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.