News for 'personal finance issues'

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Rediff.com12 Aug 2022

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.

Biden blocks investments in Ukraine rebel regions, plans new sanctions

Biden blocks investments in Ukraine rebel regions, plans new sanctions

Rediff.com22 Feb 2022

The executive order also provides authority to impose sanctions on any person determined to operate in those areas of Ukraine.

10 Reasons Startups Fail

10 Reasons Startups Fail

Rediff.com4 Jul 2022

What is your USP?
Why should your customers come to only you and nobody else? What particular problem are you solving? Solve these puzzles before launching a stat up suggests Rajiv Talreja.

LOVE GURU: Is my boyfriend bored of me?

LOVE GURU: Is my boyfriend bored of me?

Rediff.com3 Oct 2022

'You shouldn't marry because the relationship has become a habit', warns Love Guru.

Congress reforms: Sonia to form advisory group

Congress reforms: Sonia to form advisory group

Rediff.com15 May 2022

The Congress president also announced that a compact task force will be set up to drive the process of internal reforms that are essential.

TCS bags electronic passport mandate from MEA

TCS bags electronic passport mandate from MEA

Rediff.com8 Feb 2022

Tata Consultancy Services (TCS) has bagged -- from the Ministry of External Affairs -- the contract for delivering electronic passports (e-passports), according to sources. This deal is in addition to the second phase of implementing the Passport Seva Program, which the company got from the ministry. Players such as Thales India and HP participated in this deal, which is expected to be of Rs 1,000-1,200 crore.

Short-Term FDs Best Bet In Rising-Rate Scenario

Short-Term FDs Best Bet In Rising-Rate Scenario

Rediff.com2 Jun 2022

'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Rediff.com22 Dec 2021

Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?

Prashant Kishor meets Sharad Pawar for 3rd time in a fortnight

Prashant Kishor meets Sharad Pawar for 3rd time in a fortnight

Rediff.com23 Jun 2021

These meetings with Pawar has fuelled speculations about the possibility of opposition parties coming together to form a third front against the Bharatiya Janata Party.

Loan default case: ED quizzes ex-CFO of Kingfisher Airlines

Loan default case: ED quizzes ex-CFO of Kingfisher Airlines

Rediff.com11 Mar 2016

The agency is also investigating the overall financial structure of Kingfisher Airlines.

A Serendipitous Civil Service Career

A Serendipitous Civil Service Career

Rediff.com22 Dec 2022

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.

In final speech as VP Naidu deplores 'freebie culture'

In final speech as VP Naidu deplores 'freebie culture'

Rediff.com9 Aug 2022

The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.

'Budget 2018 certainly obliged the masses'

'Budget 2018 certainly obliged the masses'

Rediff.com20 Feb 2018

It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.

If You Live On Rent, You Have To Pay TDS

If You Live On Rent, You Have To Pay TDS

Rediff.com21 Mar 2022

'Tenants who pay rent above the threshold limit must be extra cautious about TDS fillings.'

Carlyle deal: SAT allows PNB Housing Fin to hold EGM

Carlyle deal: SAT allows PNB Housing Fin to hold EGM

Rediff.com21 Jun 2021

Setting aside Sebi's direction, the Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the shareholders' meeting on Tuesday to consider the proposed Rs 4,000 crore-investment by private equity firm Carlyle and others in the mortgage firm. However, results of the shareholders' voting will not be disclosed till further directions from the tribunal. The ruling comes hours after PNB Housing Finance informed stock exchanges that it has appealed against Sebi's direction on June 18 wherein it was asked to defer consideration of the proposed capital infusion proposal till a valuation of the company's shares is done by a registered independent valuer.

20-30% new products may be open to USFDA inspection

20-30% new products may be open to USFDA inspection

Rediff.com23 May 2022

With all major US export-oriented drug manufacturing plants in the country up for inspection in 2022, some estimates peg that at least 20-30 per cent of the new product launches lined up for the US will be subject to on-site inspection by the US Food and Drug Administration (USFDA). The last two years saw limited physical inspections due to travel restrictions during the pandemic. "Pre-Covid, the frequency and number of inspections of manufacturing plants in India by USFDA had increased significantly," analysts from ICICI Securities Research noted. "With growing ANDA filings, especially for complex products. "We expect this trend to return with the environment normalising," analysts from ICICI Securities Research noted.

Is my portfolio good?'

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Aligarh Muslim University Needs Urgent Reforms!

Aligarh Muslim University Needs Urgent Reforms!

Rediff.com7 Mar 2023

Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?

Will Govt BAN Cryptos?

Will Govt BAN Cryptos?

Rediff.com14 Jul 2021

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.

Budget, polls, choice of President: Can Modi get it right?

Budget, polls, choice of President: Can Modi get it right?

Rediff.com25 Jan 2022

There will be no second term for President Kovind and no elevation for Vice President Naidu.

LG-Kejriwal tussle refuses to die down despite one-hour meeting

LG-Kejriwal tussle refuses to die down despite one-hour meeting

Rediff.com14 Jan 2023

Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.

11 govt banks don't have a chairman!

11 govt banks don't have a chairman!

Rediff.com14 Sep 2021

The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.

The 'Vodafone' amendment is more than a retrospective issue

The 'Vodafone' amendment is more than a retrospective issue

Rediff.com22 Jul 2014

The text of the Income tax amendment is so wide and so riddled with ambiguities that it deserves to be scrapped for those reasons alone, says N S Nigam.

Nirmala Sitharaman: More HITS than MISSES

Nirmala Sitharaman: More HITS than MISSES

Rediff.com10 Aug 2021

Nirmala Sitharaman is proving to be a better finance minister than her initial rookie status might have led people to expect, observes T N Ninan.

Who Is RESPONSIBLE For The NSE Mess?

Who Is RESPONSIBLE For The NSE Mess?

Rediff.com22 Feb 2022

In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.

5 ways to avoid money tiffs with your partner

5 ways to avoid money tiffs with your partner

Rediff.com7 May 2015

Money is a touchy topic for most of us. Money fights between couples are all about control and freedom. Keeping the communication channels open and respecting each other's attitudes can help couples manage finance better.

Will Telangana issue cloud over Food Bill this monsoon session?

Will Telangana issue cloud over Food Bill this monsoon session?

Rediff.com4 Aug 2013

A heavy agenda including the ordinance on the Food Security Bill awaits the Monsoon session of Parliament beginning on Monday amid expectations that the short sitting will be more businesslike and smooth as compared to the din and dust in the last few sessions.

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

Rediff.com28 Oct 2022

In the audio clip, he is heard directing the attack on Chabad House during Mumbai 26/11 terror attacks.

When Will Banks End Customer Harassment?

When Will Banks End Customer Harassment?

Rediff.com30 Aug 2022

The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.

What economists and FM Sitharaman discussed in pre-Budget meet

What economists and FM Sitharaman discussed in pre-Budget meet

Rediff.com17 Jun 2019

Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.

'India @70, Modi @3.5 and a job applicant @ 80': FM's jibe at Sinha

'India @70, Modi @3.5 and a job applicant @ 80': FM's jibe at Sinha

Rediff.com28 Sep 2017

Taking a jibe at Yashwant Sinha, the finance minister said that he doesn't have luxury of being former finance minister.

SC orders fresh norms for providing ex gratia to kin of Covid victims

SC orders fresh norms for providing ex gratia to kin of Covid victims

Rediff.com1 Jul 2021

The Supreme Court on Wednesday directed the National Disaster Management Authority (NDMA) to issue fresh guidelines for providing minimum standards of financial help to families of those who lost their lives to COVID-19.

Lakshmi Vilas Bank may decide on proposed meVB

Lakshmi Vilas Bank may decide on proposed meVB

Rediff.com6 Nov 2020

With a potential liability of Rs 750-800 crore, sources say Clix Capital's stand on the matter would be crucial in finalising the merger valuation.

If Sebi has its way, 'promoter group' may have a new definition

If Sebi has its way, 'promoter group' may have a new definition

Rediff.com11 May 2021

Markets regulator Sebi on Tuesday proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods for promoters' and other shareholders post an IPO. In a consultation paper, the watchdog has also suggested streamlining the disclosures requirement of group companies. The Securities and Exchange Board of India (Sebi) has sough comments from public on the proposals till June 10.

Will strengthen spirit of cooperation during Europe visit: PM

Will strengthen spirit of cooperation during Europe visit: PM

Rediff.com1 May 2022

In a statement, Modi said he will be visiting Berlin on May 2 at the invitation of German Chancellor Olaf Scholz, following which he will travel to Copenhagen on May 3-4 at the invitation of his Danish counterpart Mette Frederiksen to hold bilateral engagements and also participate in the Second India-Nordic Summit.

Another co-operative bank in trouble, this time in Bengaluru

Another co-operative bank in trouble, this time in Bengaluru

Rediff.com14 Jan 2020

After the Reserve Bank of India restricted the Sri Guru Raghavendra Co-operative Bank from doing business with immediate effect and capped the withdrawal limit at Rs 35,000, depositors on Tuesday queued up outside the bank's branches in Bengaluru. The regulatory body said the bank will continue to undertake banking business with restrictions until its financial position improves.

Covid: SC miffed over delay in framing guidelines for death certificates

Covid: SC miffed over delay in framing guidelines for death certificates

Rediff.com3 Sep 2021

Solicitor General Tushar Mehta, appearing for the Centre, assured the court that everything is under consideration.

BEST options to beat higher home loan payout

BEST options to beat higher home loan payout

Rediff.com10 Sep 2018

It makes sense to shift to a home loan provider offering a lower interest rate or make occasional prepayments by using bonuses or other windfalls, says Sanjay Kumar Singh.

Modi is prepared to stake his personal reputation when national interests so dictate

Modi is prepared to stake his personal reputation when national interests so dictate

Rediff.com15 Sep 2016

'The book has immense value because it reveals the inner workings of the think-tank which appears to provide facts and insights to Modi, though he himself takes the final decisions and articulates them in his characteristic rhetorical style,' says Ambassador T P Sreenivasan.