News for 'personal finance issues'

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Rediff.com27 Sep 2020

During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.

'You are lying': Anurag Thakur on 'goli maro' chants

'You are lying': Anurag Thakur on 'goli maro' chants

Rediff.com1 Mar 2020

"If you have questions on the economy, you should ask those..," he said when media persons kept fielding questions about his alleged hate speech.

Your Car Queries Answered

Your Car Queries Answered

Rediff.com19 Jul 2021

Auto experts from CarJasoos answer all your questions related to buying, selling or maintenance of new cars.

Buying life insurance? Please read this

Buying life insurance? Please read this

Rediff.com7 Aug 2018

Agents often influence customers into buying new products every year instead of continuing with their existing policies

How wise men in FinMin can ideally allocate budget to ministries

How wise men in FinMin can ideally allocate budget to ministries

Rediff.com1 Jun 2015

The Ministry of Finance or Commerce would certainly need a larger hospitality budget than the Ministry of Agriculture.

Why Citi is exiting India

Why Citi is exiting India

Rediff.com10 May 2021

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!

Planning to invest in NBFCs? Please read this

Planning to invest in NBFCs? Please read this

Rediff.com18 Jun 2018

Keep a close eye on credit quality, financials of NBFCs before investing. These instruments should not constitute more than 15 to 20 per cent of your debt portfolio.

J-K to annul all actions taken under Roshni land scheme

J-K to annul all actions taken under Roshni land scheme

Rediff.com1 Nov 2020

The scheme initially envisaged conferment of proprietary rights of around 20.55 lakh kanals of land (1,2,50 hectares) to occupants of which 15.85 per cent of land was approved for vesting of ownership rights.

Should you go for higher credit limit?

Should you go for higher credit limit?

Rediff.com31 May 2016

Read on to understand the pros and cons of higher credit limit

Govt's fiscal stimulus package hopelessly inadequate: Chidambaram

Govt's fiscal stimulus package hopelessly inadequate: Chidambaram

Rediff.com18 May 2020

Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.

Taliban loves cricket: Afghanistan Board CEO

Taliban loves cricket: Afghanistan Board CEO

Rediff.com16 Aug 2021

Afghanistan will play T20 World Cup, says media manager.

PM-CARES not a govt fund; audit reports on website: Centre tells HC

PM-CARES not a govt fund; audit reports on website: Centre tells HC

Rediff.com23 Sep 2021

The PM CARES Fund is not a Government of India fund and the amount collected by it does not go to the Consolidated Fund of India, the Delhi High Court has been informed.

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

Rediff.com1 Jun 2021

Following is the gist of the controversy over sudden transfer of West Bengal Chief Secretary Alapan Bandyopadhyay, who retired on Monday, to Delhi and related rules.

The Postmaster's Cut

The Postmaster's Cut

Rediff.com5 Nov 2021

'One evening, my mother announced during dinner that we would open a Cumulative Time Deposit account in the post office. 'My father froze. 'The handful of curd rice that he had just put into his mouth remained there for a few extra seconds.' Colonel K Thammayya Udupa (retd) recalls an important decision that changed his family's life forever.

Why Enforcement Directorate is targeting Ajit Pawar

Why Enforcement Directorate is targeting Ajit Pawar

Rediff.com3 Jul 2021

'No action will be taken against Ajit Pawar. I am sure.'

Official Take: Why Rs 500 and Rs 1,000 notes were scrapped

Official Take: Why Rs 500 and Rs 1,000 notes were scrapped

Rediff.com9 Nov 2016

The finance ministry has issued a note which says that the government and the RBI's move to take out Rs 500 and Rs 1,000 banknotes from circulation will help India towards cash-less economy where most transactions are done electronically and that can be tracked.

PIX: President Kovind confers Padma awards on 73

PIX: President Kovind confers Padma awards on 73

Rediff.com8 Nov 2021

President Ram Nath Kovind presented Padma awards to 73 individuals, some posthumously, at a ceremony held in the Rashtrapati Bhavan here on Monday.

SC rejects plea to stay sale of electoral bonds ahead of state polls

SC rejects plea to stay sale of electoral bonds ahead of state polls

Rediff.com26 Mar 2021

The Supreme Court on Friday dismissed a plea seeking stay on further sale of electoral bonds ahead of assembly elections.

GST on mobile phones hiked to 18%, makers cry foul

GST on mobile phones hiked to 18%, makers cry foul

Rediff.com14 Mar 2020

The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.

Why Franklin-type fiascos will keep happening

Why Franklin-type fiascos will keep happening

Rediff.com5 May 2020

'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.

35,000 tax notices on the way, says FM

35,000 tax notices on the way, says FM

Rediff.com14 Mar 2013

The Minister assured that the I-T department would take a benign view of assessees volunteering to file returns and clear their dues and interest.

'Shooting Star Trek is very unique'

'Shooting Star Trek is very unique'

Rediff.com16 Oct 2020

'You are working with the best of the lot.' 'The best part is that they treat you equally, unlike in India.'

TAX GURU: How to calculate tax on property sold?

TAX GURU: How to calculate tax on property sold?

Rediff.com15 Dec 2021

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

Modi prefers total control in his hands

Modi prefers total control in his hands

Rediff.com5 Jun 2019

'Modi personally provides the higher direction of the ministry and the minister then works with bureaucrats on implementation,' points out Aakar Patel.

PM is honest only on paper, like his OBC status: Mayawati

PM is honest only on paper, like his OBC status: Mayawati

Rediff.com15 May 2019

Mayawati alleged that the prime minister had crossed all limits of decency in terming the Bahujan Samaj Party her personal property.

Jaitley's comments 'cheap': Yashwant Sinha

Jaitley's comments 'cheap': Yashwant Sinha

Rediff.com29 Sep 2017

It appears the row over the article penned by senior Bharatiya Janata Party leader Yashwant Sinha refuses to die down.

Moody's slams govt's attempt to curtail RBI's independence

Moody's slams govt's attempt to curtail RBI's independence

Rediff.com11 Dec 2018

Moody's assumes that the RBI will continue to pursue price and financial stability and implement policies towards these goals.

Abdullahs' house in Jammu built on encroached land: J-K admin

Abdullahs' house in Jammu built on encroached land: J-K admin

Rediff.com24 Nov 2020

The administration of the union territory as directed by the Jammu and Kashmir high court to make public land given under the controversial Roshni land scheme, since scrapped by a court, came out with the list of beneficiaries.

Fugitive Economic Offenders bill may take ordinance route

Fugitive Economic Offenders bill may take ordinance route

Rediff.com1 Mar 2018

Even existing cases might come under the proposed law, including those of Vijay Mallya, Nirav Modi and Mehul Choski. But, the law would not cover earlier cases.

FIFA working on ways to deal with Coronavirus fallout

FIFA working on ways to deal with Coronavirus fallout

Rediff.com31 Mar 2020

A spokesperson for FIFA told Reuters that they were aware that there were "serious financial problems on account of the coronavirus outbreak."

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

Rediff.com25 Feb 2021

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

RBI just dashed hopes of India Inc to add banking to their empire

RBI just dashed hopes of India Inc to add banking to their empire

Rediff.com26 Nov 2021

The Reserve Bank on Friday accepted most of the recommendations of its working group on corporate ownership of private sector banks, by allowing unrestrained promoter shareholding in the first five years of operations and hiking the same to 26 per cent after 15 years from the extant 15 per cent and also the new capital requirements. The move will benefit leading banks like Kotak Mahindra Bank and IndusInd Bank, among others, which have been seeking more time from the regulator to divest their stakes for many years now. Accepting 21 of the 33 recommendations of the internal working group, the central bank said the remaining suggestions are under its consideration.

Uber rape aftermath: Police take steps to ensure foolproof licensing system

Uber rape aftermath: Police take steps to ensure foolproof licensing system

Rediff.com12 Dec 2014

In the aftermath of the Uber rape case, police and transport department are working together to frame a foolproof system that will ensure that no person with criminal antecedents gets a licence, the Delhi police chief said on Friday.

AIIMS Nurses Union go on indefinite strike

AIIMS Nurses Union go on indefinite strike

Rediff.com14 Dec 2020

As around 5,000 nurses went on strike from the afternoon hampering patient care services at the premier hospital, AIIMS Director Randeep Guleria in a video message termed the strike in the time of pandemic as "inappropriate and unfortunate".

Govt all set to introduce Rs 20 coins

Govt all set to introduce Rs 20 coins

Rediff.com7 Mar 2019

The face of the new Rs 20 coin shall bear the 'Lion Capitol of Ashoka Pillar' with 'Satyameva Jayate' inscribed below.

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

Now, Sebi does not want RBI on its board

Now, Sebi does not want RBI on its board

Rediff.com28 Feb 2019

Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".

'Don't want these ugly scenes to be seen': Rajya Sabha adjourned for the day

'Don't want these ugly scenes to be seen': Rajya Sabha adjourned for the day

Rediff.com28 Dec 2018

The only business that the House could transact was laying of official papers on the table of the House.

Quad leaders discuss 'challenge' posed by China: US NSA

Quad leaders discuss 'challenge' posed by China: US NSA

Rediff.com13 Mar 2021

Leaders of the United States, India, Australia and Japan did discuss the 'challenge' posed by China during the first meeting of the Quad, and they made clear that none of them have any 'illusions' about Beijing, US National Security Advisor Jake Sullivan has said.