News for 'transparency'

Adani Group posts record EBITDA of Rs 90K cr in FY25

Adani Group posts record EBITDA of Rs 90K cr in FY25

Rediff.com22 May 2025

Adani Group's portfolio companies posted their highest-ever pre-tax profit (EBITDA) of about Rs 90,000 crore in the fiscal year ended March 31 and had a cash balance to cover 21 months of debt servicing, the ports-to-energy conglomerate said on Thursday. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) has more than tripled in six years - from Rs 24,870 crore in 2018-19 to Rs 89,806 crore in 2024-25 (April 2024 to March 2025).

LIC Hits Back At USTR Bias Claim

LIC Hits Back At USTR Bias Claim

Rediff.com5 Apr 2025

LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.

Handbags, wrist watches, other luxury items above Rs 10 lakh to attract 1% TCS

Handbags, wrist watches, other luxury items above Rs 10 lakh to attract 1% TCS

Rediff.com23 Apr 2025

Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. TCS at 1 per cent rate is currently being levied on motor vehicles costing above Rs 10 lakh effective January 1, 2025.

The Kannada Film That Trumps Adolescence

The Kannada Film That Trumps Adolescence

Rediff.com9 Jun 2025

The unspoken subject of Mithya is violence, and the big zinger here is our recognition that the movie is showing us the makings of a juvenile delinquent -- perhaps the finest since Truffaut unleashed his Antoine Doinel, applauds Sreehari Nair.

Algorithmic management of work led to decline in job quality: ILO report

Algorithmic management of work led to decline in job quality: ILO report

Rediff.com25 Apr 2025

Algorithmic management (AM) in India has led to a decline in job quality, with "clear" evidence of increased monitoring, surveillance and work intensity, noted International Labour Organisation (ILO) in its latest report.

'It stinks! Rabada's failed drug test not a personal issue'

'It stinks! Rabada's failed drug test not a personal issue'

Rediff.com5 May 2025

Former Australia captain Tim Paine has slammed the lack of transparency surrounding Kagiso Rabada's failed drug test.

'India definitely downed a few Pakistani planes'

'India definitely downed a few Pakistani planes'

Rediff.com12 May 2025

The Indian military also acknowledged suffering some losses but declined to provide the details as the operations are going on.

Srinagar Airfares Drop After Govt Intervention

Srinagar Airfares Drop After Govt Intervention

Rediff.com25 Apr 2025

Airlines waive cancellation and rescheduling fees and boost flight capacity from Srinagar.

Why India's medical device makers are moving to Vietnam, Malaysia

Why India's medical device makers are moving to Vietnam, Malaysia

Rediff.com14 Mar 2025

A large number of medical device-manufacturing units have been forced to move to Vietnam and Malaysia due to delays, inconsistent timelines, and a lack of transparency in licensing processes, according to the Parliamentary Standing Committee on Health and Family Welfare.

Advances worth 8cr to TOPS athletes unaccounted for

Advances worth 8cr to TOPS athletes unaccounted for

Rediff.com30 Apr 2025

As per the official procedure, athletes have to submit bills within 15 days of the completion of a training or competition for which advance has been disbursed.

'PCB's earning from Champions Trophy exceeds target'

'PCB's earning from Champions Trophy exceeds target'

Rediff.com8 Apr 2025

The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.

'South Asian region, world cannot afford India, Pak confrontation'

'South Asian region, world cannot afford India, Pak confrontation'

Rediff.com30 Apr 2025

The United Nations Secretary-General, Antonio Guterres, has called for de-escalation between India and Pakistan, expressing deep concern over rising tensions following a terrorist attack in Jammu and Kashmir. Guterres reiterated his condemnation of the attack and urged both sides to avoid a confrontation, which he described as catastrophic. The Secretary-General has also offered his good offices to support de-escalation efforts. The President of the UN General Assembly, Philemon Yang, has also expressed concern over the escalating violence and called for a resolution through diplomatic means. Meanwhile, Pakistan has denied any involvement in the attack and reiterated its commitment to fighting terrorism.

SC collegium recommends Justice Varma's transfer; lawyers to go on strike

SC collegium recommends Justice Varma's transfer; lawyers to go on strike

Rediff.com24 Mar 2025

The Supreme Court collegium has confirmed the transfer of Delhi High Court Justice Yashwant Varma to his parent Allahabad High Court. This decision comes after an inquiry was initiated against Justice Varma regarding the alleged discovery of a large amount of cash at his official residence. The transfer recommendation was made public in a resolution uploaded on the Supreme Court's website. The alleged cash discovery occurred following a fire at Varma's residence in Delhi on March 14, 2025. The apex court collegium, headed by Chief Justice Sanjiv Khanna, has also constituted a three-member inquiry committee to further investigate the matter.

Manipur BJP leader's house torched for supporting Waqf Act

Manipur BJP leader's house torched for supporting Waqf Act

Rediff.com7 Apr 2025

The house of the BJP Minority Morcha's Manipur president, Asker Ali, was set on fire by a mob allegedly for supporting the Waqf Amendment Act. The incident happened at Lilong in Thoubal district on Sunday night. Ali had expressed his support for the Act on social media on Saturday. An irate mob gathered outside his residence around 9 pm, vandalised it and later set it on fire. Following the incident, Ali posted a video on social media, apologising for his earlier statement. He also expressed opposition to the Act.

Will empower Muslim women: Govt tables Waqf Bill in Rajya Sabha

Will empower Muslim women: Govt tables Waqf Bill in Rajya Sabha

Rediff.com3 Apr 2025

The bill aims to include all the Muslims sects in the Waqf board, Rijiju said.

Smile, Nod, Suffer: Are You Too Nice At Work?

Smile, Nod, Suffer: Are You Too Nice At Work?

Rediff.com23 Apr 2025

Organisations that reward constant optimism and penalise negativity create environments where employees feel pressured to hide their struggles, notes Sonica Aron, founder of HR consultancy firm Marching Sheep.

Andhra intelligence ex-chief held in Mumbai actress harassment case

Andhra intelligence ex-chief held in Mumbai actress harassment case

Rediff.com22 Apr 2025

Former intelligence chief PSR Anjaneyulu has been arrested in connection with a case involving the alleged harassment of Mumbai-based actor-model Kadambari Narendra Kumar Jethwani. Anjaneyulu is one of the three IPS officers who are under suspension for allegedly "hastily arresting" and "harassing" Jethwani without proper investigation in a case filed against her during the erstwhile YSRCP regime. The arrest comes after a complaint filed by Jethwani against the alleged harassment, and the subsequent investigation revealed the involvement of several IPS officers. This case highlights the ongoing scrutiny of officials from the previous YSRCP government by the current TDP-led government.

SC judges make assets public, CJI owns 2015 Maruti Swift

SC judges make assets public, CJI owns 2015 Maruti Swift

Rediff.com6 May 2025

The Supreme Court of India has made public the asset details of its judges, including Chief Justice Sanjiv Khanna who has Rs 55.75 lakh in a fixed deposit, a three-bedroom DDA flat in south Delhi, and a four-bedroom apartment measuring 2,446 square feet in the Commonwealth Games Village. The court has also uploaded the complete process of appointments to the high courts and the Supreme Court on its website for public awareness.

Caste census: Opposition parties claim victory

Caste census: Opposition parties claim victory

Rediff.com30 Apr 2025

As the Centre announced the inclusion of caste enumeration in the next census on Wednesday, opposition parties said it is a victory for their long-standing demand and sought time-bound implementation.

NBFCs draw flak for lax loan appraisal practices

NBFCs draw flak for lax loan appraisal practices

Rediff.com11 Apr 2025

Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.

EC refuses to upload Form 17C showing booth-wise votes: Kejriwal

EC refuses to upload Form 17C showing booth-wise votes: Kejriwal

Rediff.com7 Feb 2025

On the eve of counting of votes for the Delhi Assembly elections, AAP national convenor Arvind Kejriwal accused the Election Commission (EC) of refusing to upload Form 17C, which contains details of votes polled per booth in each Assembly segment. In response, the Aam Aadmi Party (AAP) has launched a website where it has uploaded Form 17C data for all the Assembly seats. Kejriwal stated that ensuring such transparency should have been the responsibility of the apex poll body. The office of the chief electoral officer responded by saying that the rule requiring presiding officers to furnish Form 17C to polling agents was complied with on the day of polling.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

'We're ready': India gears up to host 2030 CWG

'We're ready': India gears up to host 2030 CWG

Rediff.com10 Apr 2025

India is confident of securing the hosting rights for the 2030 Commonwealth Games, despite Canada and Nigeria expressing interest in bidding for the event.

Pak gets $1 bn IMF loan despite India's strong objection

Pak gets $1 bn IMF loan despite India's strong objection

Rediff.com10 May 2025

India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.

Upholding constitutional ethos hallmark of CJI Sanjiv Khanna's tenure

Upholding constitutional ethos hallmark of CJI Sanjiv Khanna's tenure

Rediff.com13 May 2025

Some of his directives had the Supreme Court judges disclose their assets whereas the row over the discovery of cash from a sitting judge's official residence paved way for inquiry.

'Muslims Have Been Misled By Opposition'

'Muslims Have Been Misled By Opposition'

Rediff.com2 Apr 2025

'Muslims need to work according to strategy and not fall into the trap of Opposition parties.'

Internet suspended in Bengal town rocked by violence over Waqf

Internet suspended in Bengal town rocked by violence over Waqf

Rediff.com9 Apr 2025

The situation in Muslim-dominated Murshidabad district of West Bengal, which was marred by incidents of violence following protests over the Waqf (Amendment) Act, was calm and peaceful on Wednesday with no reports of any untoward incident. Prohibitory orders were clamped in and around Raghunathganj and Suti police station areas and large police force deployed in all sensitive areas of the district, especially in and around Jangipur town, where a large number of people had assembled on Tuesday afternoon, demanding the withdrawal of the legislation. Internet connectivity remained suspended within the areas under the Jangipur sub-division to prevent the spread of any disinformation. Protestors, who had gathered in large numbers on the NH-12 in the Jangipur area to protest against the Waqf Bill, hurled stones at the police who were deployed in the area, on Tuesday afternoon. A couple of vehicles belonging to the police were allegedly torched during the protest and police had to resort to lathi-charge and use tear gas shells to bring the situation under control. A few policemen were injured in the stone pelting. Police have also detained a few people in connection with the incident. West Bengal Governor C V Ananda Bose condemned the incident and said attempts to disturb the law and order situation in the state "should be put down with an iron hand". The opposition BJP alleged that the law and order situation in the state was "crumbling" under Chief Minister Mamata Banerjee, who was busy with "minority appeasement". The Waqf (Amendment) Bill was passed by the Lok Sabha on Thursday, and by the Rajya Sabha in the early hours of Friday after marathon debates in both Houses of Parliament. The Act aims to streamline the management of Waqf properties (assets permanently donated by Muslims for religious or charitable purposes) with provisions to safeguard heritage sites and promote social welfare. It also seeks to improve governance by enhancing transparency in property management, streamlining coordination between Waqf boards and local authorities and protecting stakeholders' rights.

K'taka Guv forwards 4% Muslim quota bill to President's assent

K'taka Guv forwards 4% Muslim quota bill to President's assent

Rediff.com16 Apr 2025

Karnataka Governor Thaawarchand Gehlot has reserved the Bill pertaining to four percent reservation for Muslims in government contracts for the President's assent, citing constitutional concerns. The Bill, which has been a subject of controversy in Karnataka, was passed by both houses of the state legislature amid protests from the opposition BJP. The Governor's decision to reserve the Bill highlights the ongoing debate over the constitutionality of religious-based reservations in India.

Will Sitharaman's Debt-GDP vs Fiscal Deficit Gamble Pay Off?

Will Sitharaman's Debt-GDP vs Fiscal Deficit Gamble Pay Off?

Rediff.com21 Feb 2025

Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings.

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

US tariffs: Exporters must be ready to prove origin of goods to Customs

US tariffs: Exporters must be ready to prove origin of goods to Customs

Rediff.com15 Apr 2025

President Donald Trump of the United States has imposed 'reciprocal tariffs' on imports from various countries. With this abandonment of the policy to impose the same tariffs on imports from most countries, nearly all governments, businesses, and economists are busy examining the short- and medium-term implications of this change.

Now you can help in drafting Income-Tax rules

Now you can help in drafting Income-Tax rules

Rediff.com18 Mar 2025

Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. The Income Tax Bill, 2025 was introduced in Parliament last month and is currently under examination by the Select Committee for detailed consideration.

BJP wasn't in power then: EC sources on duplicate voters

BJP wasn't in power then: EC sources on duplicate voters

Rediff.com10 Mar 2025

Amid opposition allegations of manipulation of electoral rolls, sources in the Election Commission Monday said the matter related to duplicate voter identity card numbers is a 'legacy issue' with such cards being issued even between 2008 and 2013 when the Bharatiya Janata Party-led National Democratic Alliance was not in power.

How To Handle A Competitive Colleague?

How To Handle A Competitive Colleague?

Rediff.com17 Apr 2025

rediffGURU Kanchan Rai, founder of the Let Us Talk Foundation, offers career advice on how to deal with a competitive colleague in a professional manner.

Azhar's name off the stand? He says no way!

Azhar's name off the stand? He says no way!

Rediff.com20 Apr 2025

Former India captain Mohammed Azharuddin plans to approach the Telangana High Court to challenge the Hyderabad Cricket Association (HCA) Ombudsman's order to remove his name from the North Stand at the Rajiv Gandhi International Stadium.

2% Finfluencers SEBI-Registered, 33% Give Stock Tips

2% Finfluencers SEBI-Registered, 33% Give Stock Tips

Rediff.com21 Mar 2025

Investors aged 26 to 30 consider the number of followers as a key parameter for trust. However, more than half of investors, who deemed an influencer's registration status as extremely important, were unaware of their actual registration status.

Violent protests against Waqf Act rock parts of Bengal

Violent protests against Waqf Act rock parts of Bengal

Rediff.com12 Apr 2025

Protests against the Waqf Act turned violent in parts of West Bengal on Friday, with demonstrators setting ablaze vehicles, disrupting traffic and rail movement, and injuring several policemen. The unrest erupted in Suti, Murshidabad district, where protesters defied prohibitory orders, hurled stones at security personnel, and torched police vans and public buses during processions. Police responded with lathi charges and tear gas, while some officers were forced to seek refuge in a nearby mosque. Similar protests were held in Malda and Kolkata, prompting Governor C V Ananda Bose to direct the state government to take swift action against those responsible. The governor also contacted Union Home Minister Amit Shah and held discussions with Chief Minister Mamata Banerjee. The Waqf (Amendment) Bill, which was recently passed by both houses of Parliament, aims to improve the management of Waqf properties, safeguarding heritage sites and promoting social welfare.

Col assault case: Army seeks fair probe; Punjab DGP assures stern action

Col assault case: Army seeks fair probe; Punjab DGP assures stern action

Rediff.com25 Mar 2025

The Indian Army has demanded a fair and time-bound investigation into the assault of Colonel Pushpinder Singh Bath by 12 Punjab Police personnel. The incident occurred on March 13-14 over a parking dispute in Patiala. The Punjab Police has assured justice and set up a special investigation team to probe the matter. The Army and Punjab Police have reiterated their commitment to maintaining the long-standing bonhomie between the two forces.

US Visa Cancellations: Indians Hit Hardest

US Visa Cancellations: Indians Hit Hardest

Rediff.com19 Apr 2025

'If you follow the law, America offers opportunities. But those who violate the law will face the consequences.'

Cash row: CJI assures bar leaders on demand to withdraw judge's transfer

Cash row: CJI assures bar leaders on demand to withdraw judge's transfer

Rediff.com27 Mar 2025

The Chief Justice of India (CJI) Sanjiv Khanna has assured bar leaders that he will consider their demand for withdrawal of the collegium's recommendation to transfer Delhi High Court's Justice Yashwant Varma. The decision came after representatives of six bar associations of different high courts met with the CJI and other collegium members. The bar associations are protesting the proposed repatriation of Justice Varma to his parent high court, alleging that the evidence in a fire incident at his residence was tampered with. The bar associations have also raised concerns about the non-registration of an FIR in the incident.