News for 'personal finance issues'

Kerala's strategy helped contain Covid first wave: Ex-health minister

Kerala's strategy helped contain Covid first wave: Ex-health minister

Rediff.com29 Jan 2022

The former minister said even days before the Centre issued guidelines and protocols in identifying and containing the disease, the state commenced its preparations to fight the possible outbreak of the disease.

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.

Stalin's Son Rises In The Party Of The Rising Sun

Stalin's Son Rises In The Party Of The Rising Sun

Rediff.com1 Dec 2022

His likable boy-next-door face and casual approach to public speaking have a unique appeal for the younger generation, but it stops there, observes N Sathiya Moorthy.

3 RS seats for BJP in Karnataka, 1 for Congress; JD-S draws a blank

3 RS seats for BJP in Karnataka, 1 for Congress; JD-S draws a blank

Rediff.com11 Jun 2022

The ruling Bharatiya Janata Party in Karnataka had the last laugh as it won all the three Rajya Sabha seats it had contested in, out of total of four from the state that went for polls on Friday, while the Congress managed to win only one of the two seats to which it had fielded its candidates.

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

Rediff.com18 Feb 2022

Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.

Climate Change: India Must Walk The Talk

Climate Change: India Must Walk The Talk

Rediff.com25 Nov 2021

India lost around 38.5 thousand hectares of tropical forest in the last decade. Nearly 14 per cent of the country's tree cover! It is one thing for Modi to announce that India will reach a net-zero level of emissions in 2070. But if it is serious, it needs to start today, points out Ramesh Menon.

Modi to present India's climate action plan at COP26 summit

Modi to present India's climate action plan at COP26 summit

Rediff.com31 Oct 2021

During his three-day UK visit until Tuesday, Modi is listed to address the COP26 summit with a national statement about India's climate action plan in the afternoon session on Monday, ahead of Australian Prime Minister Scott Morrison and Pakistan Prime Minister Imran Khan.

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.

'Where did Kapil Sharma learn to act like this?'

'Where did Kapil Sharma learn to act like this?'

Rediff.com7 Oct 2022

'Karenge aur kaam, sir. Zindagi bahut choti hai, ideas bahut sare hain.'

'Rajapaksa didn't trust India, tilted towards China'

'Rajapaksa didn't trust India, tilted towards China'

Rediff.com15 Jul 2022

'A fragile Sri Lanka will have a serious impact on the security of India.'

CBI leaking Aircel-Maxis chargesheet to media: Chidambaram

CBI leaking Aircel-Maxis chargesheet to media: Chidambaram

Rediff.com28 Aug 2018

Special Judge O P Saini issued notice to the agency and sought its response by October 8.

'NMP is very tough to execute'

'NMP is very tough to execute'

Rediff.com6 Sep 2021

'There will be political opposition, and this monetisation will require continued political will.'

Modi to meet Kamala Harris; Japanese, Australian PMs today

Modi to meet Kamala Harris; Japanese, Australian PMs today

Rediff.com23 Sep 2021

Prime Minister Narendra Modi on Thursday is scheduled to have as many as eight meetings, including with Vice President Kamala Harris, on the first working day of his current US trip.

Advance tax collection rises 54% to Rs 4.60 lakh cr

Advance tax collection rises 54% to Rs 4.60 lakh cr

Rediff.com17 Dec 2021

The finance ministry on Friday said advance tax collection increased by 53.50 per cent to Rs 4.60 lakh crore so far this fiscal year, indicating recovery in the economy. Direct tax collections for 2021-22, as on December 16, show that net collections are at Rs 9.45 lakh crore compared to Rs 5.88 lakh crore over the year-ago period, representing an increase of 60.8 per cent, the ministry said in a statement. "The net collection (as on December 16) in FY22 has registered a growth of 40 per cent over the corresponding period of previous year when the net collection was Rs 6,75,409.5 crore, and a growth of 40.93 per cent over the corresponding period of 2018-19 when the net collection was Rs 6,70,739.1 crore," it said.

Mauritius' plans to exit 'grey list' hits COVID roadblock

Mauritius' plans to exit 'grey list' hits COVID roadblock

Rediff.com19 Jun 2020

The country was, in February, put on the list of jurisdictions that require increased monitoring. These are done to counter money-laundering, terrorist financing, and proliferation financing in a more efficient manner.

Shashi Tharoor to head Parliamentary Committee on IT

Shashi Tharoor to head Parliamentary Committee on IT

Rediff.com15 Sep 2019

The panel will likely play an important role as the Personal Data Protection Bill gets tabled in Parliament.

'Arrest Chitra, find others involved in NSE scam'

'Arrest Chitra, find others involved in NSE scam'

Rediff.com22 Feb 2022

'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'

What acquisition of Citi's retail biz means for Axis Bank

What acquisition of Citi's retail biz means for Axis Bank

Rediff.com12 Apr 2022

Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.

'Jewellery worth Rs 24-25 crores was transferred'

'Jewellery worth Rs 24-25 crores was transferred'

Rediff.com25 Nov 2022

Indrani was spiritedly telegraphing details of the jewellery from the back of the court...

CM Soren targets Congress, makes it easy for BJP's 'Operation Lotus'

CM Soren targets Congress, makes it easy for BJP's 'Operation Lotus'

Rediff.com28 Mar 2022

Given the dismal show of the Congress in the recently concluded assembly polls and the JMM eating into its vote bank, the possibility of Congress MLAs switching sides is not bleak, reports R Krishna Das.

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rediff.com13 Feb 2021

Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.

Direct tax mop up rises 14.1% to Rs 8.74 lakh cr in Apr-Dec 2018

Direct tax mop up rises 14.1% to Rs 8.74 lakh cr in Apr-Dec 2018

Rediff.com7 Jan 2019

As much as Rs 3.64 lakh crore has been collected as advance tax, which is 14.5 per cent higher than the advance tax collections during the same period last year.

Raids on Taapsee, Anurag: FM says they were raided in 2013 too

Raids on Taapsee, Anurag: FM says they were raided in 2013 too

Rediff.com5 Mar 2021

Asked to comment on the raids, Sitharaman spoke of the 2013 raids not being an issue and they suddenly become one now.

Overburdened by debt? This company may be of help

Overburdened by debt? This company may be of help

Rediff.com27 Oct 2022

'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'

'We have enough risk capital'

'We have enough risk capital'

Rediff.com10 Dec 2021

'Should we shortchange our investors by exiting early?'

Terror groups JeM, LeT targeting India still operate from Pak: US

Terror groups JeM, LeT targeting India still operate from Pak: US

Rediff.com17 Dec 2021

US Secretary of State Antony Blinken, in the 2020 Country Reports on Terrorism issued on Thursday, said that regionally, terrorist groups continued to operate from Pakistan.

Invest through MF route in mid-caps

Invest through MF route in mid-caps

Rediff.com20 Dec 2019

The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.

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.

Here's some good news for central govt employees

Here's some good news for central govt employees

Rediff.com24 May 2019

Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Rediff.com2 Sep 2020

Banks are in the process of getting a board-approved restructuring framework in line with the RBI's framework and eligibility defined by the central bank.

Your home loan queries answered!

Your home loan queries answered!

Rediff.com24 Dec 2019

Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries

Pak's LeT, JeM have hundreds of fighters, camps in Afghanistan: UN report

Pak's LeT, JeM have hundreds of fighters, camps in Afghanistan: UN report

Rediff.com30 May 2022

The 13th report of the Analytical Support and Sanctions Monitoring Team cites a UN Member State as saying that Jaish-e-Mohammed (JeM), a Deobandi group ideologically closer to the Taliban "maintains eight training camps in Nangarhar, three of which are directly under Taliban control."

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Rediff.com3 Sep 2020

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.

India made max requests to foreign financial intel agencies in '18-'19

India made max requests to foreign financial intel agencies in '18-'19

Rediff.com24 Jul 2020

The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.

Sell household gold, revive the economy

Sell household gold, revive the economy

Rediff.com30 Jun 2020

'There is a misconception that gold is a dead asset in India.' 'Around 30 per cent of agriculture loans are collateralised by gold, Soumya Kanti Ghosh and Saket Hishikar, economists at the SBI, point out.

'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.'

For some Union ministers, Rajasthan's crushing defeat is personal

For some Union ministers, Rajasthan's crushing defeat is personal

Rediff.com9 Dec 2013

The BJP's victory in the desert state was so absolute that the Congress failed to open its electoral account in 17 of Rajasthan's 33 districts! P B Chandra reports.

Governor Caught In Centre-Tamil Nadu Crossfire

Governor Caught In Centre-Tamil Nadu Crossfire

Rediff.com20 Apr 2022

The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Rediff.com19 Dec 2019

They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.

FM to hold review meeting with lenders on loan recast scheme

FM to hold review meeting with lenders on loan recast scheme

Rediff.com31 Aug 2020

The focus of the meeting will be on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies and identifying borrowers, and discussing issues that require addressing for smooth and speedy implementation.