Reaction to surge in applications, seemingly to hide identity as chit funds.
A key road connection between Srinagar, the last major town on the banks of the Alaknanda, and Rudraprayag, the junction where the roads to Badrinath and Kedarnath diverge, was broken on Monday night, following heavy downpour and landslides.
Just outside the Sashastra Seema Bal Academy campus, an entire colony, Shakti Vihar, which locals say had 100-150 houses, lies buried under the sand. Srinagar is counting its losses after the raging Alaknanda river destroyed much of what was located on its banks on the night of June 16.
Two major hydel projects being built by construction majors GVK and L&T have suffered severe damages in the floods which hit Uttarakhand last week.
The flood-hit religious destinations of Kedarnath, Badrinath, Yamunotri and Gangotri, where rescue operations are underway, would again record heavy rains from Thursday, the India Meteorological Department said on Friday. It also predicted "rather heavy showers" in Hemkund Sahib, another religious destination hit by flash floods and heavy rains, from Wednesday.
To revive the two state-run telecom operators, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), the government is likely to waive the one-time fee these telcos need to pay for retaining additional spectrum.
Might discuss Ordinance route tomorrow, note circulated among ministers listing discussion topics.
The YES Bank family tussle puts focus on RBI guidelines on appointment of directors.
Though independent directors acted in a manner less than desirable, they might not be held responsible.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
No clarity yet on whether multi-level structure would escape ban.
The company paid over Rs 231 crore over three years to a web of 135 fake firms.
An online search for Mumbai Street Company, which has stake in firm owned by Cobrapost editor, drew a blank.
But, despite the exits, RIL continued to top the list of stocks with maximum number of FII shareholders.
The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had favoured abolition of STT.
The three-year-old US law seeks to improve tax compliance involving foreign financial assets and offshore accounts.
Expected to be over 100% of long average period.
Television owners might have to again shell out a licence fee- this time to fund state-owned Prasar Bharati, which runs Doordarshan and All India Radio, if a government committee has its way.
This financial scheme is based on a virtual currency and is propagated by Russian businessman and financier Sergey Mavrodi.
Chief Minister Nitish Kumar's demand for special-category status still looks a far cry.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances