'Why should I resign? I am no thief, there is no scam'

'In a complex situation a PM coming was not necessary' IMAGE: Manipur Chief Minister N Biren Singh. Photograph: Shrikant Singh/ANI Photo With ethnic violence gradually subsiding, Manipur Chief......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Modi Bluster Missing From Budget

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon. IMAGE: Finance Minister Nirmala Sitharaman leaves for Parliament to present the......

Why are small saving schemes no longer lucrative?

Bangalore-based certified financial planner Anil Rego says small saving schemes used to provide a cushion when interest rates were around six per cent. These schemes gave extra income of two per......

'Cut in small savings rates win-win for government'

The Centre's move to slash interest rates on all small savings schemes, is a 'win-win' for the government and the banks, leading to a better monetary policy transmission, says a Nomura report.......

Interest on small savings may be market-linked

The government has set up a committee to look into deregulating interest rates on small savings instruments such as public provident fund schemes, a move aimed at linking them to market rates. The......

No takers for small savings scheme

The National Small Savings Fund (NSSF), which used to be a major avenue for people to park money, is losing out to banks, mutual funds and insurance companies. The NSSF's net collections in 2007-08......

What Virat-Anushka are doing for Covid relief

IMAGE: Relatives carry a COVID-19 patient on oxygen support for admission at the Patna Medical College and Hospital, May 6, 2021. Photograph: PTI Photo   Anushka Sharma and Virat Kohli have......