News for 'funds release'

Restoration of J-K statehood after assembly polls: Amit Shah

Restoration of J-K statehood after assembly polls: Amit Shah

Rediff.com8 Sep 2024

On the Opposition's poll promise of statehood restoration, Shah said, "I want to ask Farooq Abdullah and Rahul Gandhi, who is going to restore the statehood. You cannot give it back. Why are you misleading the public?"

100 metric tonnes of gold shifted from UK to Indian vaults

100 metric tonnes of gold shifted from UK to Indian vaults

Rediff.com31 May 2024

India has moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24, sources said on Friday. This is one of the biggest movements of gold undertaken by the country since 1991, when pledging a substantial part of the gold holding to tide over a foreign exchange crisis resulted in its movement out of vaults. The country's overall gold holding increased 27.46 metric tonnes in FY24 and it stands at 822 metric tonnes, as per official data.

Hope funds for my preparations are released, says shooter Sidhu

Hope funds for my preparations are released, says shooter Sidhu

Rediff.com17 Mar 2016

India's top pistol shooter Heena Sidhu is hoping funds sanctioned to her by the government as part of its TOP scheme for her Olympic preparations are released on time. "Going into the Olympics, I hope that the funds meant for my preparation will be released on time so that my training doesn't suffer. There are lot of paperwork, it's a long process normally. OGQ has been doing a lot too," Sidhu said on the sidelines of an event in New Delhi on Thursday. The current world record holder and former world No. 1 secured an Olympic quota for the country in January after she led from start to claim gold medal in women's 10-m air pistol at the last Asia Olympic Qualifiers for Shooting. Asked about her preparation, she said," I am just following the process. This is not the time to make changes in your game. There will be a test event in Rio in April, and I will get an understanding after that if I need to make any minor adjustments or not. The climate in India and Brazil are similar."

Is Engineer Rashid Kashmir's Most Popular Leader?

Is Engineer Rashid Kashmir's Most Popular Leader?

Rediff.com13 Sep 2024

If Rashid cannot be the king, he could be the kingmaker after October 8 when the results to the J&K assembly are declared.

'Quad is here to stay': Modi's message to China at Leaders' Summit

'Quad is here to stay': Modi's message to China at Leaders' Summit

Rediff.com22 Sep 2024

Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.

Are Russia, Ukraine On Brink Of Nuclear Conflict?

Are Russia, Ukraine On Brink Of Nuclear Conflict?

Rediff.com2 Sep 2024

With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal

Please Send Payal's Film To The Oscars!

Please Send Payal's Film To The Oscars!

Rediff.com9 Sep 2024

How wonderful it would be for all of us to watch the Oscar ceremony on March 2, 2025 and watch AWIAL win an Oscar, notes Aseem Chhabra.

Maulvi arrested in Guj over plot to kill Hindu leader

Maulvi arrested in Guj over plot to kill Hindu leader

Rediff.com4 May 2024

Surat police commissioner Anupam Singh Gehlot identified the arrested accused as Maulvi Sohel Abubakr Timol (27), who worked at a thread factory as a manager and offered private tuition on Islam to Muslim children.

Prof Shoma Sen walks out of prison after 6 years

Prof Shoma Sen walks out of prison after 6 years

Rediff.com17 Apr 2024

Elgar Parishad-Maoist links case accused and former Nagpur University professor Shoma Sen was released from a prison in Mumbai on Wednesday afternoon, an official said.

'Will BJP Be In A Majority Forever?'

'Will BJP Be In A Majority Forever?'

Rediff.com19 Sep 2024

'If the country felt very strongly about the BJP, then why did the country not put money where the mouth is?'

Politically-vitiated narrative: Sitharaman on bias against non-BJP states

Politically-vitiated narrative: Sitharaman on bias against non-BJP states

Rediff.com5 Feb 2024

Sitharaman added that no Union finance minister can play with the Finance Commission's recommendations.

'Making A Film Is Like Going To War'

'Making A Film Is Like Going To War'

Rediff.com31 Jul 2024

'I promise you, you've never seen her do anything like this.' 'It is a complete reinvention of Janhvi Kapoor.'

'That I Am Close To The BJP is Rubbish'

'That I Am Close To The BJP is Rubbish'

Rediff.com16 Sep 2024

'Who are Omar Abdullah and Mehbooba Mufti to issue certificates?'

UP's social media policy: Rs 8 lakh for influencers, jail for 'objectionable' posts

UP's social media policy: Rs 8 lakh for influencers, jail for 'objectionable' posts

Rediff.com29 Aug 2024

The move triggered sharp reaction from the opposition, which has accused the state's BJP government of trying to stifle freedom of expression.

Cong releases manifesto for Himachal polls, promises 1L jobs, free electricity

Cong releases manifesto for Himachal polls, promises 1L jobs, free electricity

Rediff.com5 Nov 2022

On the implementation of the old pension scheme, Baghel said Rajasthan and Chhattisgarh have written to the Central government to return the people's money with the National Pension System to implement the old pension scheme, but they refused.

How Much Was SRK Paid For Kabhi Haan Kabhi Naa?

How Much Was SRK Paid For Kabhi Haan Kabhi Naa?

Rediff.com4 Jun 2024

Bollywood is full of interesting stories and anecdotes. We bring you some fun facts!

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Rediff.com27 Jun 2024

The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.

Elections, festivities, and pollution weigh on India's cement demand

Elections, festivities, and pollution weigh on India's cement demand

Rediff.com24 Nov 2023

India's cement demand has consistently shown double-digit growth over the past few quarters, primarily driven by infrastructure spending. However, dealers and industry executives note that state elections, festival season, and, in some markets, weddings and pollution may temporarily disrupt this demand story. While the festival season typically sees a slowdown in construction activity, some dealers anticipate this lull extending throughout the entire month as multiple states enter election mode.

Election jitters drive FPI selloff to $3.5 bn

Election jitters drive FPI selloff to $3.5 bn

Rediff.com20 May 2024

Foreign portfolio investors (FPI) have pulled out $3.5 billion from India's equity markets so far this month. The selling comes on the back of election-induced volatility and the rotation of flows from India to China, where stocks are available at half the valuations. If the selling pressure remains at the current level, this will be the highest FPI pullout since January 2023.

Wayanad rescue will take a few more days: Kerala CM

Wayanad rescue will take a few more days: Kerala CM

Rediff.com1 Aug 2024

Kerala Chief Minister Pinarayi Vijayan on Thursday said the rescue mission in the landslide-hit Mundakkai region of Wayanad could take a few more days, and appointed a cabinet sub-committee of four ministers to coordinate the rescue efforts.

Pak summons Indian envoy, calls for Yasin Malik's release

Pak summons Indian envoy, calls for Yasin Malik's release

Rediff.com19 May 2022

Pakistan has summoned India's charge d'affaires in Islamabad to the ministry of foreign affairs and handed over a demarche to him conveying Islamabad's strong condemnation of the framing of "fabricated charges" against Kashmiri separatist leader Yasin Malik.

ATS unearths NEET racket in Maharashtra, teacher held

ATS unearths NEET racket in Maharashtra, teacher held

Rediff.com24 Jun 2024

The Anti-Terrorism Squad (ATS) has arrested a Zilla Parishad school teacher from Latur in Maharashtra and registered a case against four persons after it emerged that a racket was being operated to help NEET students willing to pay money to crack the exam, police said on Monday.

India likely to grow by 7.5% in Q1, says article in RBI Bulletin

India likely to grow by 7.5% in Q1, says article in RBI Bulletin

Rediff.com21 May 2024

India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday. The Indian economy has demonstrated marked resilience in the face of geopolitical headwinds impacting the supply chain, said an article on the state of the economy published in the May Bulletin.

Explained: Why Wikipedia often appeals for funds

Explained: Why Wikipedia often appeals for funds

Rediff.com4 Jul 2022

This was not the first time "Wiki" - a widely used, free resource - was appealing for funds. Finally, reports indicated that Google had agreed to pay for Wikipedia content.

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs

In a first: RBI conducts two VRRR auctions in one day

In a first: RBI conducts two VRRR auctions in one day

Rediff.com7 Feb 2024

The Reserve Bank of India (RBI) conducted two overnight variable rate reverse repo (VRRR) auctions on Tuesday, marking the first instance of such action in a single day. The move aimed to reduce liquidity from the banking system, which has been largely in deficit mode for the past four months. Market participants noted that the central bank held the second VRRR auction due to its awareness of funds being released to banks during the day.

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

Rediff.com12 Jul 2022

Observing that the issue concerning the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is 'not so simple' the high court asked the Centre to file a 'detailed and exhaustive' response in the matter.

'Ranbir Is Utterly Butterly Delicious'

'Ranbir Is Utterly Butterly Delicious'

Rediff.com2 Sep 2024

'All through the making of Dil Daulat Aur Duniya, Rajesh Khanna never acknowledged me.' 'Dev Anand couldn't carry off a dhoti in Insaaniyat. He told me that he would never wear one again.' 'Shammi Kapoor and I began on an icy note during Raajkumar, but once the cold vibes thawed, we became the best of buddies.'

Centre Plans To Raise Rs 7.5 Trillion...

Centre Plans To Raise Rs 7.5 Trillion...

Rediff.com6 Apr 2024

...to fund the revenue gap. Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half.

Plea in SC for court-monitored SIT probe into electoral bonds scheme

Plea in SC for court-monitored SIT probe into electoral bonds scheme

Rediff.com14 May 2024

A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for hearing at the earliest.

'I Wanted To Make A Happy Film'

'I Wanted To Make A Happy Film'

Rediff.com4 Jul 2024

'I wanted people to know that women across all ages have an exciting life.'

HSBC's AMC acquires L&T Mutual Fund business for $425 million

HSBC's AMC acquires L&T Mutual Fund business for $425 million

Rediff.com24 Dec 2021

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of L&T. The divestment of the mutual fund business is in line with the strategic objective of L&T Finance Holdings of unlocking value from its subsidiaries to strengthen its balance sheet, it stated in a press release. The data from the Association of Mutual Funds in India (Amfi) shows L&T Mutual Fund (MF) has average assets under management (AAUM) worth Rs 78,273.80 crore, while HSBC MF has AAUM of Rs 11,314.32 crore as in the July-September quarter.

TAX GURU: 'How to claim refund of excess tax on pension fund?'

TAX GURU: 'How to claim refund of excess tax on pension fund?'

Rediff.com25 Jul 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

India eyes multiple mineral pacts with about a dozen countries in Africa

India eyes multiple mineral pacts with about a dozen countries in Africa

Rediff.com8 Jun 2024

India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.

Energy from urine? IIT-Palakkad researchers show how

Energy from urine? IIT-Palakkad researchers show how

Rediff.com15 Feb 2024

Researchers from the Indian Institute of Technology-Palakkad (IIT-Palakkad) have introduced a pioneering method of generating renewable energy from human urine.

Sarfira Review: Akshay Does It Again! Yawn.

Sarfira Review: Akshay Does It Again! Yawn.

Rediff.com11 Jul 2024

Throughout its 155 minutes, every scene is doused in blaring background music and melodrama. Disappointment alone won't do, it must feel like a full blown catastrophe, observes Sukanya Verma.

'Unbelievable after six years my mother got bail'

'Unbelievable after six years my mother got bail'

Rediff.com6 Apr 2024

'I was laughing and crying at the same time. Right now, just extremely happy that she will be out and amongst us soon.'

Corruption eating vitals of country's economy: Allahabad HC

Corruption eating vitals of country's economy: Allahabad HC

Rediff.com2 Feb 2023

The applicant allegedly indulged in a conspiracy with the officers of the Noida Development Authority funnelled several crores of rupees from the public fund released for the construction of a cricket stadium with a pavilion building at Integrated sports complex at Noida.

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

Rediff.com19 Jul 2024

Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.

Smallcaps primed for Rs 20,000 crore capital club

Smallcaps primed for Rs 20,000 crore capital club

Rediff.com1 Jan 2024

The upper market capitalisation (mcap) threshold for midcap and smallcap stocks in the mutual fund (MF) industry's revised list of stocks, to be announced this month, is set to see the second-highest yearly rise in the past five years. The list was first announced in 2018, and it has been revised every six months since then. According to estimates released by Nuvama Alternative & Quantitative Research, the upper threshold for the midcap and smallcap universes could come in at Rs 66,700 crore and Rs 21,900 crore in the next list.