News for 'first-review'

India Extends 4% Retail Inflation Target for RBI Until 2031

India Extends 4% Retail Inflation Target for RBI Until 2031

Rediff.com25 Mar 2026

The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.

'Dhurandhar The Revenge Is A Monumental Masterpiece'

'Dhurandhar The Revenge Is A Monumental Masterpiece'

Rediff.com19 Mar 2026

'Both Dhurandhar films in the spy universe have carved out legendary benchmarks for Indian cinema, and they'll be studied for generations across the globe.'

Want To Plan Your Tax Savings? Read This

Want To Plan Your Tax Savings? Read This

Rediff.com28 Jan 2026

The most common mistake is investing without assessing suitability and long-term implications.

RBI's Monetary Policy Committee sees scope for more rate cut

RBI's Monetary Policy Committee sees scope for more rate cut

Rediff.com18 Oct 2025

Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.

Govt abruptly terminates IMF ED Subramanian's services 6 months ahead of tenure

Govt abruptly terminates IMF ED Subramanian's services 6 months ahead of tenure

Rediff.com4 May 2025

In an unexpected move, the government has terminated services of K V Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure. The move comes days before the IMF executive board is to consider financial aid for debt-ridden Pakistan.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.

Pak gets $1 bn as second tranche from IMF; budget under scanner

Pak gets $1 bn as second tranche from IMF; budget under scanner

Rediff.com14 May 2025

The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.

'Attention Comes With Pressure And Responsibility'

'Attention Comes With Pressure And Responsibility'

Rediff.com27 May 2025

'Tomorrow I will go back home, clean my bed, pay my rent, all the normal things that a person does.' 'I'll still be the same person for my friends, my parents.' 'That grounding is the real thing, rather than the feeling of having made it.'

How To Manage Your Mutual Funds

How To Manage Your Mutual Funds

Rediff.com30 Dec 2024

Let reason, not emotion, guide your decisions.

Windfall profit tax on crude oil hiked

Windfall profit tax on crude oil hiked

Rediff.com31 Oct 2023

The government on Tuesday increased the windfall profit tax on crude oil produced in the country and reduced the levy on exports of diesel. The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil was increased to Rs 9,800 per tonne from Rs 9,050 a tonne, according to an official notification. SAED on the export of diesel was reduced to Rs 2 per litre from Rs 4 a litre and on jet fuel or ATF to nil from Rs 1, the notification said.

Windfall tax on crude cut; levy on diesel, ATF exports hiked

Windfall tax on crude cut; levy on diesel, ATF exports hiked

Rediff.com2 Sep 2023

The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official notification said. The tax, levied in the form of special additional excise duty or SAED, on domestically produced crude oil was reduced to Rs 6,700 per tonne from Rs 7,100 a tonne. SAED on the export of diesel was increased to Rs 6 per litre from Rs 5.50 a litre and on jet fuel or ATF to Rs 4 per litre from Rs 2, the notification said.

Paris Gets A Dose Of Oppenheimer

Paris Gets A Dose Of Oppenheimer

Rediff.com12 Jul 2023

Paris got its fill of Oppenheimer, when the Hollywood film premiered at the Cinema Le Grand Rex in the city, and had A-listers walk down the red carpet.

Govt cuts windfall gains tax on domestic crude to nil

Govt cuts windfall gains tax on domestic crude to nil

Rediff.com16 May 2023

The government has cut windfall gains tax on domestically-produced crude oil to nil while continuing the rate at zero on the export of diesel and ATF. The government has slashed the special additional excise duty (SAED) on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) to nil from Rs 4,100 per tonne with effect from Tuesday, an official order dated May 15 said. This is the second time that the levy, which was introduced in July last year in the form of a cess to tax supernormal gains of oil producers and fuel exporters, has been cut to nil for domestically-produced oil.

Windfall tax back on oil produced by ONGC, others

Windfall tax back on oil produced by ONGC, others

Rediff.com19 Apr 2023

The government has brought back the windfall profit tax on domestically produced crude oil after international prices firmed up while the levy on export of diesel has been cut to nil, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) is now Rs 6,400 per tonne with effect from Wednesday, the order dated April 18 said. At the last revision on April 4, windfall tax on domestically produced crude oil was cut to nil as international oil prices dipped below $75 per barrel.

Windfall tax on crude oil, export of diesel and ATF cut

Windfall tax on crude oil, export of diesel and ATF cut

Rediff.com16 Feb 2023

The government has cut windfall profit tax on export of diesel and ATF to their lowest while also reducing the levy on domestically-produced crude in line with softening international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuels like petrol, diesel and aviation turbine fuel (ATF).

Windfall tax on crude oil, export of diesel, ATF cut

Windfall tax on crude oil, export of diesel, ATF cut

Rediff.com17 Jan 2023

The government has reduced the windfall profit tax levied on domestically-produced crude oil as well as on the export of diesel and ATF, in line with softening international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 1,900 per tonne from Rs 2,100 per tonne, the order dated January 16, said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).

Governors are chancellors not because of sweet will of states: Khan

Governors are chancellors not because of sweet will of states: Khan

Rediff.com21 Nov 2022

He also rejected queries on whether a "cleansing act" was going on in the universities.

Can Modi improve vaccination rollout?

Can Modi improve vaccination rollout?

Rediff.com19 Apr 2021

'In India, there's currently evidence the Centre has not managed a smooth vaccine rollout.' 'It is now falling back on blaming states, which are facing vaccine shortages,' points out Devangshu Datta.

Bhushan files fresh review plea in SC over contempt verdict

Bhushan files fresh review plea in SC over contempt verdict

Rediff.com1 Oct 2020

Bhushan, who has already deposited Re 1 as fine with the apex court's registry on September 14, has filed two separate review petitions in the contempt case. The first review plea on September 14 had challenged the August 14 verdict convicting him for the contempt of court, while the second plea has been filed against the August 31 sentencing order which imposed the fine.

Umpiring in WI vs Aus game was atrocious, says Holding

Umpiring in WI vs Aus game was atrocious, says Holding

Rediff.com7 Jun 2019

West Indies great Michael Holding slammed what he saw as "atrocious" umpiring during his country's 15-run defeat by Australia in the Cricket World Cup at Nottingham's Trent Bridge.

The Best Indian Wines

The Best Indian Wines

Rediff.com2 Jul 2020

Indian wines are getting better all the time, says Alok Chandra.

6 pleas filed in SC seeking review of Ayodhya verdict

6 pleas filed in SC seeking review of Ayodhya verdict

Rediff.com6 Dec 2019

While five pleas have been filed by Maulana Mufti Hasbullah, Moulana Mahfoozur Rehman, Mishbahuddin, Mohd Umar and Haji Nahboob, who are all supported by the All India Muslim Personal Law Board, the sixth one has been filed by Mohammad Ayub.

Sebi board unlikely to relax curbs on PNs

Sebi board unlikely to relax curbs on PNs

Rediff.com11 Aug 2008

This will be the first review meeting after the curbs were imposed on Participatory Notes last year, sources said adding, "You don't expect the first review meeting to relax curbs." Participatory notes are the instruments through which unregistered foreign players invest in Indian securities.

Infosys gets a month to fix GSTN glitches

Infosys gets a month to fix GSTN glitches

Rediff.com19 Sep 2017

Group of ministers to review progress every fortnight.

PM Modi reviews GST ahead of July 1 roll-out

PM Modi reviews GST ahead of July 1 roll-out

Rediff.com5 Jun 2017

All goods and services have been put in slabs of 5%, 12%, 18% and 28%

Inflation: What will the RBI do?

Inflation: What will the RBI do?

Rediff.com14 Jun 2011

The central bank will appear vacuous if it holds fire next week following its ultra hawkish guidance at the last monetary policy review.

Shettar's faction demands Dy CM, home and revenue

Shettar's faction demands Dy CM, home and revenue

Rediff.com5 Aug 2011

The war between the two factions in the Bharatiya Janata Party's Karnataka unit continues, with pressure being mounted on newly-appointed Chief Minister Sadananda Gowda. Gowda, who held his first review meeting on Friday, now faces the challenges posed to him by the faction led by BJP leader Jagadish Shettar. Shettar was also a frontrunner for the coveted CM's post. Shettar and his supporters have demanded the following portfolios -- deputy chief minister, Home and Revenue.

ArcelorMittal rapped: Orissa project delay

ArcelorMittal rapped: Orissa project delay

Rediff.com17 Sep 2009

The Orissa government on Thursday pulled up ArcelorMittal, for "not making any investment" so far in its proposed 12mtpa greenfield steel plant at Keonjhar, questioned its "actual intentions".

Govt staff may lose job if they don't perform

Govt staff may lose job if they don't perform

Rediff.com12 Dec 2008

The government employees could lose their job after 20 years of service if they failed to come up to the expectations of their superiors under a new system of assessment suggested on Friday.

Frontliners weigh on markets; Sensex ends in red

Frontliners weigh on markets; Sensex ends in red

Rediff.com28 Jul 2009

The NSE Nifty ended at 4,564 -- down eight points. The market breadth was failry positive. Out of 2,745 stocks traded, 1,709 advanced while 945 declined. The rest were unchanged.

Broadcast bonanza sets the Premier League apart

Broadcast bonanza sets the Premier League apart

Rediff.com2 Jun 2016

Premier League clubs enjoyed record revenues of 3.3 billion pounds ($4.76 billion) in 2014-15 thanks to broadcast deals that will be even more lucrative next season, according to Deloitte.

PM to take up Sarabjit case with Pakistan

PM to take up Sarabjit case with Pakistan

Rediff.com24 Mar 2006

Dalbir Kaur, sister of the condemned man, told the PM, 'I am a daughter of Punjab, please save my brother'.

What rate cut means for India's financial markets

What rate cut means for India's financial markets

Rediff.com5 Oct 2016

FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down

Ministries to face CMP test

Ministries to face CMP test

Rediff.com22 Jun 2004

RBI cuts key rate by 0.25%; loans to be cheaper

RBI cuts key rate by 0.25%; loans to be cheaper

Rediff.com2 Aug 2017

The banking sector in India is reeling under Rs 8 lakh crore of non performing assets (NPAs) or bad loans, of which PSU banks alone account for over Rs 6 lakh crore.

Post poll debacle, Mulayam does a Sonia

Post poll debacle, Mulayam does a Sonia

Rediff.com17 Jun 2014

Samajwadi Party supremo Mulayam Singh Yadav and Congress president Sonia Gandhi may be poles apart on most counts, but they seem to be acting in a strikingly similar manner when it comes to fixing responsibility for the debacle of their respective parties in the recently concluded LokSabha poll. Sharat Pradhan reports

Save lives, fight air pollution

Save lives, fight air pollution

Rediff.com25 Feb 2015

Air that people breathe in Indian cities is among the worst in the world.

President rejects Yakub Memon's mercy plea

President rejects Yakub Memon's mercy plea

Rediff.com30 Jul 2015

Barring any last-minute reprieve, Yakub Memon, the lone death row convict in the March 12, 1993 Mumbai blasts case, will be hanged at 7 am on Thursday morning.