News for 'personal finance issues'

SC to examine if its 2022 PMLA verdict needs revision

SC to examine if its 2022 PMLA verdict needs revision

Rediff.com18 Oct 2023

The Supreme Court said on Wednesday it will examine whether its 2022 verdict upholding the Enforcement Directorate's (ED) powers to arrest and attach property involved in money laundering under PMLA required any reconsideration.

'Democracy is at risk, its pillars are getting weakened'

'Democracy is at risk, its pillars are getting weakened'

Rediff.com30 Oct 2023

'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'

'If there's one person who should quit, it is Jaitley'

'If there's one person who should quit, it is Jaitley'

Rediff.com5 Nov 2018

'The finance minister has messed up the economy.'

'Kerala CM, ministers shameless': Guv steps up attack

'Kerala CM, ministers shameless': Guv steps up attack

Rediff.com13 Dec 2023

The Governor and the ruling LDF in the state have been at loggerheads since the Supreme Court verdict quashing the reappointment of Gopinath Ravindran as VC of Kannur University and berating the Left government for its "unwarranted intervention" in the matter.

Amid strained ties, Trudeau joins G-20 meet; and says...

Amid strained ties, Trudeau joins G-20 meet; and says...

Rediff.com23 Nov 2023

Canadian Prime Minister Justin Trudeau highlighted the importance of coordinated G20 leadership and action to uphold the rule of law and international law and strengthen democratic systems, as he participated in a virtual G20 Leaders' Summit hosted by India.

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

'You can't compare Modi and Dr Singh'

'You can't compare Modi and Dr Singh'

Rediff.com21 Feb 2024

'The sense of Constitutional propriety and political morality seems to be vanishing fast.' 'There are many things in today's politics of governance which Manmohan Singh would have never dreamt of saying or doing.'

When Pranab said, Sonia will not make me PM

When Pranab said, Sonia will not make me PM

Rediff.com6 Dec 2023

"No, she will not make me the PM," was Dr Pranab Mukherjee's cryptic response in a reference to Sonia Gandhi when he was asked by his daughter Sharmistha Mukherjee about his chances of becoming the prime minister in 2004.

What Does Ranjan Pai's Re-Entry Mean For Byju's?

What Does Ranjan Pai's Re-Entry Mean For Byju's?

Rediff.com1 Dec 2023

'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'

24 die at Maha hospital in 1 day, including 12 infants

24 die at Maha hospital in 1 day, including 12 infants

Rediff.com2 Oct 2023

Twenty-four deaths, including that of 12 infants, have been reported in the last 24 hours in a government hospital in Nanded, a top Maharashtra health official said on Monday.

If Nitish is made INDIA convenor...: Tejashwi

If Nitish is made INDIA convenor...: Tejashwi

Rediff.com3 Jan 2024

Bihar Chief Minister Nitish Kumar was an experienced leader and it would be great if a proposal came to make him the convenor of the Indian National Developmental Inclusive Alliance (INDIA), his deputy Tejashwi Yadav said on Wednesday.

What Pranab Da Thought About Sonia Gandhi

What Pranab Da Thought About Sonia Gandhi

Rediff.com9 Dec 2023

Pranab's earlier fear of Sonia relying too heavily on a coterie due to her lack of experience turned out to be unfounded. As per Pranab, Sonia had her close advisers but she did not follow anyone's advice blindly. A fascinating excerpt from Sharmistha Mukherjee's Pranab, My Father: A Daughter Remembers.

'MSME, gold will grow faster than any other segment'

'MSME, gold will grow faster than any other segment'

Rediff.com10 Apr 2023

'The market has picked up for commercial vehicles. We are very close to pre-pandemic levels.'

'Investors shouldn't get into a waiting game'

'Investors shouldn't get into a waiting game'

Rediff.com23 Jan 2024

'Sell part of your portfolio where you're making good money, especially in small caps and mid caps.' 'The money which you take home is yours. The money which is there on paper is not yours.

Electoral bonds: Can India be democracy if..., asks SC

Electoral bonds: Can India be democracy if..., asks SC

Rediff.com15 Feb 2024

Democracy does not begin and end with elections and the integrity of election process is pivotal for sustaining the democratic form of government, the Supreme Court said on Thursday while striking down as unconstitutional the electoral bonds scheme for political funding.

Insurance policies with premiums over Rs 5 lakh to be taxable

Insurance policies with premiums over Rs 5 lakh to be taxable

Rediff.com1 Feb 2023

This will not affect the tax exemption provided to the amount received on the death of a person insured. It will also not affect insurance policies issued till March 31, 2023

India's Top Social Media Influencers

India's Top Social Media Influencers

Rediff.com3 Jan 2024

In a nation of 1.4 billion people, where a potential new creator is born every second, we pick 25 influencers who have ruled social media this year.

Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt

Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt

Rediff.com26 Nov 2023

State higher education minister R Bindhu has directed a three-member team, comprising the principal secretary of higher education, and Cochin University's vice-chancellor and registrar, to inquire into the stampede incident, an official release said.

Nitin Patel gets finance after Shah intervenes; assumes charge

Nitin Patel gets finance after Shah intervenes; assumes charge

Rediff.com31 Dec 2017

Rupani announced in Gandhinagar that the finance portfolio had been given to Patel and that the issue was over now.

Caste Is Missing In Prohibition Debates

Caste Is Missing In Prohibition Debates

Rediff.com5 Feb 2024

The point made by sociologist M N Srinivas, that it represented a Sanskritic act that was linked to caste, is never raised in Indian debates and the disapproval of drink is almost universal, notes Aakar Patel.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

'I failed 2 start-ups and lost Rs 2 crores. Pls help'

'I failed 2 start-ups and lost Rs 2 crores. Pls help'

Rediff.com22 Nov 2023

rediffGURU Chandu Nair advises entrepreneurs and enterprises about how to create and build their business.

RBI may introduce CBDC in call money market soon

RBI may introduce CBDC in call money market soon

Rediff.com5 Sep 2023

The Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) for transactions for interbank borrowing or call money market, sources said on Tuesday. The pilot in the wholesale segment, known as the Digital Rupee -Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities. "RBI is now planning to go into the interbank borrowing market.

It's Raining Bharat Ratnas!

It's Raining Bharat Ratnas!

Rediff.com14 Feb 2024

In the 76 years since India gained independence, 53 recipients of the Bharat Ratna have been there. That's less than one every year, which is a healthy ratio given there is the sanctity of this gem of an award to preserve. But four recipients for the year were announced in a few days in addition to one announced earlier. That took the total number in 2024 to five in less than a month, the highest for any year, post-Independence, notes Shyam G Menon.

Want To Invest Money For Your Parents?

Want To Invest Money For Your Parents?

Rediff.com9 Jun 2023

Senior citizens should avoid putting their entire retirement corpus in SCSS.

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

PAN to be invalid if not linked with Aadhaar by March 2023

PAN to be invalid if not linked with Aadhaar by March 2023

Rediff.com24 Dec 2022

The Income Tax department Saturday issued an advisory that those permanent account numbers (PAN) which are not linked with Aadhaar by the end of March next year will be rendered "inoperative". "What is mandatory, is necessary. Don't delay, link it today!" the department said in a public advisory. "As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar before 31.3.2023. From 1.04.2023, the unlinked PAN shall become inoperative," it said.

Women Must Have Cover 10 Times Their Income

Women Must Have Cover 10 Times Their Income

Rediff.com20 Jun 2023

'If something unfortunate happens to an earning member, the family loses the crucial income which would have gone towards paying off debts, meeting the cost of children's higher education, or towards the upkeep of elderly parents.'

Elgar accused Vernon Gonsalves, Arun Ferreira walk out of jail

Elgar accused Vernon Gonsalves, Arun Ferreira walk out of jail

Rediff.com5 Aug 2023

The apex court on July 28 granted bail to the two accused, noting that the actual involvement of Gonsalves and Ferreira in any terrorist act has not surfaced from any third-party communications.

17th LS took decisions for which generations waited for long: Modi

17th LS took decisions for which generations waited for long: Modi

Rediff.com10 Feb 2024

As the adjournment of Parliament for an indefinite period with the Rajya Sabha also adjourning sine die kickstarts the final countdown for the general elections, Modi said the last five years were a period of "reform, perform and transform" with the country moving towards "big changes" at a fast pace.

Ajit Pawar, Praful Patel in Delhi to meet Shah amid standoff over portfolios

Ajit Pawar, Praful Patel in Delhi to meet Shah amid standoff over portfolios

Rediff.com13 Jul 2023

In a surprise development on July 2, the Sharad Pawar-led NCP split as his nephew Ajit Pawar and almost three dozen MLAs joined the ruling Shiv Sena-BJP alliance. Ajit Pawar and eight other NCP leaders were sworn in as ministers.

How To Make Banks Treat Customers Fairly

How To Make Banks Treat Customers Fairly

Rediff.com10 Apr 2023

Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

'Hundreds of Palestinians will be killed'

'Hundreds of Palestinians will be killed'

Rediff.com9 Oct 2023

'Israel has received an extremely hard and rude reminder that it cannot go ahead and talk of normalisation of relations with other Arab countries without addressing the issues pertaining to Palestine.'

A Film About Sex Not Seen In India Before

A Film About Sex Not Seen In India Before

Rediff.com26 Oct 2023

'Agra is about sexuality and sexual repression, and the relationship of sexuality to the physical spaces that we are in.'

Delhi LG removes AAP govt nominees from discom boards

Delhi LG removes AAP govt nominees from discom boards

Rediff.com11 Feb 2023

The ruling Aam Aadmi Party termed the LG's orders removing Shah and Gupta from the boards of discoms "illegal and unconstitutional". The LG does not have the power to issue such orders, it claimed.

Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

Rediff.com11 Oct 2023

Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase their volatility, according to analysts. The demerger plan, which would result in six separate listed entities, would require approval from shareholders, lenders and other statutory bodies. "We believe that a separate listing of different businesses would reduce the fungibility of cash flows across businesses and increase the volatility of cash flows.

'I am the most raided person in India'

'I am the most raided person in India'

Rediff.com4 Dec 2020

'If there is anyone who is a victim of vendetta politics, it is me.'

Now, ED summons Mallya in IDBI fraud case

Now, ED summons Mallya in IDBI fraud case

Rediff.com11 Mar 2016

Sources said Mallya has also been asked to furnish documents related to his personal finances

Personal laws must be constitutionally compliant: Jaitley

Personal laws must be constitutionally compliant: Jaitley

Rediff.com16 Oct 2016

He said there is a fundamental distinction between religious practices, rituals and civil rights.