Santosh Tiwari &Amp; Vrishti Beniwal

Stories by Santosh Tiwari &Amp; Vrishti Beniwal

Import duty on gold may be raised to 6%

Import duty on gold may be raised to 6%

Rediff.com   16 Jan 2013

The finance ministry is considering raising import duty on gold by two percentage points to six per cent, as the surge in demand for the yellow metal threatens to further widen India's current account deficit.

It's business as usual at Attari-Wagah border

It's business as usual at Attari-Wagah border

Rediff.com   11 Jan 2013

During the 'lowering of flags' before sunset, the stern expression on the faces of the Border Security Force jawans might lead a first-time visitor to think it's because of the tension at the line of control two days earlier.

Package to remove foreign taxation glitches on anvil

Package to remove foreign taxation glitches on anvil

Rediff.com   11 Jan 2013

Norms for e-commerce likely, arm's-length pricing set for change.

'Large chunk of parallel economy out of tax net'

'Large chunk of parallel economy out of tax net'

Rediff.com   10 Jan 2013

Three entities entrusted with job submit reports on black money estimation.

Contours of proposed bank for BRICS in March

Contours of proposed bank for BRICS in March

Rediff.com   9 Jan 2013

The bank, however, may not start functioning before 2014 and is likely to have substantially less initial paid-up capital than the amount of $240 billion that is doing the rounds currently.

Day 1: 2,000 beneficiaries get cash through Aadhaar

Day 1: 2,000 beneficiaries get cash through Aadhaar

Rediff.com   2 Jan 2013

While about 2,000 beneficiaries were transferred an amount of Rs 35 lakh (Rs 3.5 million) on the Aadhaar platform, the figure is expected to go up on Thursday.

'There is a need to put pressure on IPO pricing'

'There is a need to put pressure on IPO pricing'

Rediff.com   27 Dec 2012

In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.

Cash transfer: Banks to have 1 branch per 1,000 people

Cash transfer: Banks to have 1 branch per 1,000 people

Rediff.com   27 Dec 2012

As the deadline for direct cash transfer for subsidies in 43 districts nears, the government has started the mapping of gram panchayats to provide banking services in remote parts of the country.

Shareholder directors' term in govt banks may be capped

Shareholder directors' term in govt banks may be capped

Rediff.com   20 Dec 2012

The government is planning to cap the term of shareholder and non-official directors on the boards of public-sector banks, insurance companies and financial institutions at six years.

Banks' holding company plan on hold

Banks' holding company plan on hold

Rediff.com   24 Nov 2012

Pranab Mukherjee proposed a separate entity for bank recapitalization.

Panel struggles to find Gokarn's replacement

Panel struggles to find Gokarn's replacement

Rediff.com   16 Nov 2012

Said to be considering a 2nd term for RBI deputy governor

Mittal for realistic spectrum pricing

Mittal for realistic spectrum pricing

Rediff.com   8 Nov 2012

He feels that the reserve price set by the government for the 2G spectrum auction was very high.

RBI, Sebi propose changes in RGESS investment norms

RBI, Sebi propose changes in RGESS investment norms

Rediff.com   6 Nov 2012

The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.

Kingfisher woes may lessen if it pays 10% loans

Kingfisher woes may lessen if it pays 10% loans

Rediff.com   27 Oct 2012

The outstanding loan amount is Rs 7,000 cr.

Large lenders asked to handhold small banks

Large lenders asked to handhold small banks

Rediff.com   25 Oct 2012

Move fuels fears of consolidation among unions of some small banks; won't force unification, clarifies finance ministry.

Govt may not be able to keep fiscal deficit at 5.1%

Govt may not be able to keep fiscal deficit at 5.1%

Rediff.com   22 Oct 2012

Spectrum auction and divestment proceeds likely to disappoint, subsidies are likely to overshoot the Budget target and there might also be some shortfall in tax collections.

Nationwide Aadhaar-based payment launch on Saturday

Nationwide Aadhaar-based payment launch on Saturday

Rediff.com   17 Oct 2012

210 millionth Aadhaar number to be handed over UPA Chairperson Sonia Gandhi to also be present.

NIB likely to be toothless in cutting project delays

NIB likely to be toothless in cutting project delays

Rediff.com   16 Oct 2012

PM-led body won't have jurisdiction over state-level issues that contribute most to delays.

Rs 25 lakh in service tax? File monthly returns

Rs 25 lakh in service tax? File monthly returns

Rediff.com   8 Oct 2012

Those paying more than Rs 25 lakh in service tax will soon have to file their returns every month instead of once in six months.

E-payment system likely to curb black money

E-payment system likely to curb black money

Rediff.com   8 Oct 2012

FinMin working to ensure all govt transactions are done electronically, says official