Search results for ' Extant'

Can Social Media Age Bans Work?

Can Social Media Age Bans Work?

Rediff.com7 Aug 2026

At what age should society stop regulating life choices and allow people to make their own?

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

Pollution curbs in Delhi-NCR as AQI turns 'poor' in May

Pollution curbs in Delhi-NCR as AQI turns 'poor' in May

Rediff.com19 May 2026

The Commission for Air Quality Management (CAQM) has implemented stage one measures in Delhi-NCR under the Graded Response Action Plan (GRAP) as air quality declined to the 'poor' category.

NEET paper leak: Parl panel summons NTA, CBI over exam conduct

NEET paper leak: Parl panel summons NTA, CBI over exam conduct

Rediff.com28 May 2026

A parliamentary panel has summoned officials from the Union Education Ministry, the National Testing Agency (NTA), and the CBI to address concerns regarding the conduct of examinations.

NEET-UG leak: CBI briefs parliamentary panel on probe progress

NEET-UG leak: CBI briefs parliamentary panel on probe progress

Rediff.com29 May 2026

The CBI Director has updated a parliamentary panel on the NEET-UG paper leak investigation, while education ministry officials outlined measures for a fair retest.

RBI mandates faster credit of inward remittances

RBI mandates faster credit of inward remittances

Rediff.com10 Apr 2026

The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.

RBI's forex gains jump 52% in FY26, balance sheet swells

RBI's forex gains jump 52% in FY26, balance sheet swells

Rediff.com30 May 2026

The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.

All banking cos to deduct TDS on interest income beyond Rs 50,000 a year

All banking cos to deduct TDS on interest income beyond Rs 50,000 a year

Rediff.com30 Mar 2026

The Income Tax Department has clarified the applicability of TDS (Tax Deducted at Source) on interest income for banking companies under the Income Tax Act, 2025, aligning it with the Banking Regulation Act, 1949.

RBI To Enhance Security For Prepaid Payment Instruments

RBI To Enhance Security For Prepaid Payment Instruments

Rediff.com22 Apr 2026

The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

RBI may rationalise board norms, shift focus to strategy, policy

RBI may rationalise board norms, shift focus to strategy, policy

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.

Investment Advisors Heavily Concentrated in Five Metros, Hindering Financial Inclusion

Investment Advisors Heavily Concentrated in Five Metros, Hindering Financial Inclusion

Rediff.com1 Apr 2026

A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.

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.

Relief for Delhiites as air improves, GRAP-3 curbs lifted

Relief for Delhiites as air improves, GRAP-3 curbs lifted

Rediff.com3 Jan 2026

The Commission for Air Quality Management (CAQM) has revoked restrictions imposed under GRAP 3 in Delhi-NCR following improvements in air quality. Non-essential construction and demolition activities are now allowed to restart, and restrictions on vehicles have been lifted.

SC allows Indore student barred over meme to write Class 10 exam

SC allows Indore student barred over meme to write Class 10 exam

Rediff.com13 Feb 2026

The Supreme Court has allowed a minor boy, rusticated from an Indore school for circulating an objectionable meme, to appear for his Class 10 examination, directing the CISCE to issue an admit card.

How To Join The Indian Navy

How To Join The Indian Navy

Rediff.com16 Jan 2026

The Indian Navy is inviting applications for the 10+2 (class 12) BTech Cadet Entry Scheme 2026 for recruitment of permanent commissioned officers in its executive and technical branches.

'False and fabricated': India rejects reports on pausing US defence talks

'False and fabricated': India rejects reports on pausing US defence talks

Rediff.com9 Aug 2025

The Indian Defence Ministry has refuted media reports suggesting a pause in defence purchases from the US, clarifying that procurement processes are ongoing despite tariff tensions between the two countries.

ED books Myntra, directors in Rs 1,654-cr FEMA violation case

ED books Myntra, directors in Rs 1,654-cr FEMA violation case

Rediff.com23 Jul 2025

The Enforcement Directorate has registered a FEMA case against Myntra and related entities for allegedly violating FDI guidelines, with contravention amounting to over Rs 1,654 crore.

RBI allows banks to give loans to manufacturers using gold as raw material

RBI allows banks to give loans to manufacturers using gold as raw material

Rediff.com30 Sep 2025

The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.

The Extant Contest: Win COOL Prizes!

The Extant Contest: Win COOL Prizes!

Rediff.com21 Aug 2015

Answer correctly and win!

SBI slams Anil Ambani. says RCom loan account is 'fraud'

SBI slams Anil Ambani. says RCom loan account is 'fraud'

Rediff.com2 Jul 2025

State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and to report the name of its erstwhile director -- Anil Ambani to the Reserve Bank of India (RBI), according to a regulatory filing. Reliance Communications in a regulatory filing said that it has received a letter dated June 23, 2025 from the State Bank of India (SBI) to this effect.

Govt discontinues Gold Monetisation Scheme; banks may continue

Govt discontinues Gold Monetisation Scheme; banks may continue

Rediff.com25 Mar 2025

The government has decided to discontinue the Gold Monetisation Scheme (GMS) starting from Wednesday in view of the evolving market conditions, the finance ministry said. However, the banks may continue their short term gold deposit schemes (1-3 years), the ministry said in the statement on Tuesday. Till November 2024, approximately 31,164 kilograms of gold have been mobilised under GMS.

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

BFI postpones elections citing cramped timeline

BFI postpones elections citing cramped timeline

Rediff.com26 Mar 2025

Boxing Federation of India postponed its election scheduled for March 28, saying it's "impossible to complete the process within originally planned timelines" after the Delhi and Himachal Pradesh high courts directed the body to reinstate the names omitted from the electoral college.

'400 girls lost to love jihad': Kerala BJP leader sparks row

'400 girls lost to love jihad': Kerala BJP leader sparks row

Rediff.com11 Mar 2025

George stated that a girl should be married off by the time she is 22 or 23 and that such decency should be maintained.

India, China set to resume Mansarovar yatra; agree on flight services

India, China set to resume Mansarovar yatra; agree on flight services

Rediff.com18 Apr 2025

India is preparing to resume the Kailash Mansarovar Yatra, a pilgrimage to Mount Kailash in Tibet, after a three-year hiatus. The decision comes as part of efforts to improve relations between India and China, which have been strained since a military standoff in 2020. The two countries have also agreed in principle to resume flight services between them.

Allahbadia row: Panel seeks law amendments to tackle abusive online content

Allahbadia row: Panel seeks law amendments to tackle abusive online content

Rediff.com13 Feb 2025

A parliamentary panel has asked the Information and Broadcasting Ministry to submit a note on amendments needed in existing laws to clamp down on controversial content like the one involving YouTuber Ranveer Allahbadia. Members from different parties voiced concern over Allahbadia's crass comments at a YouTube programme and called for stringent measures to punish him and to ensure that such an incident does not recur. The committee's chairperson and BJP MP Nishikant Dubey shared their concerns at the meeting attended by Information and Broadcasting Secretary Sanjay Jaju and other senior ministry officials.

Govt lifts ban on Wrestling Federation of India

Govt lifts ban on Wrestling Federation of India

Rediff.com11 Mar 2025

The Sports Ministry on Tuesday lifted its suspension on the Wrestling Federation of India, paving the way for the organisation of domestic tournaments.

Ahead of Modi-Trump meet, India revamps tariff structure

Ahead of Modi-Trump meet, India revamps tariff structure

Rediff.com11 Feb 2025

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.

India, China to resume Mansarovar Yatra, direct flights

India, China to resume Mansarovar Yatra, direct flights

Rediff.com28 Jan 2025

India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to 'stabilise and rebuild' ties.

Cong lodges complaints with EC against Modi, Shah

Cong lodges complaints with EC against Modi, Shah

Rediff.com14 Nov 2024

The Congress has lodged complaints with the Election Commission against Prime Minister Narendra Modi and Home Minister Amit Shah, accusing them of making 'false, divisive, malicious and slanderous' statements during their recent election campaign.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

EC directs X to take down BJP's clip on Muslim quota

EC directs X to take down BJP's clip on Muslim quota

Rediff.com7 May 2024

Election Commission on Tuesday directed social media platform 'X' to 'immediately' take down an animated video shared by the Karnataka unit of the BJP related to the row over reservation for the Muslim community.

Owaisi raises 'Jai.....!' slogan at LS oath-taking, expunged

Owaisi raises 'Jai.....!' slogan at LS oath-taking, expunged

Rediff.com25 Jun 2024

After taking oath, he hailed his state Telangana, Bhimrao Ambedkar, apart from raising the AIMIM's slogan for Muslim, along with the West Asian country.

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Rediff.com3 May 2024

From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.

RBI tighten norms for personal loans

RBI tighten norms for personal loans

Rediff.com16 Nov 2023

The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances. The risk weight on unsecured consumer loans has been raised by 25 percentage points. The new regulations, however, will not be applicable on housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery, the Reserve Bank said in a circular.

Payout to top NBFC execs on RBI radar

Payout to top NBFC execs on RBI radar

Rediff.com5 Jul 2024

Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator's scrutiny. Top industry officials said this is a follow-through on the Reserve Bank of India's (RBI's) circular of April 29, 2022, which asked NBFCs in the "middle" and "upper" layer of its four-tiered scale-based regulatory (SBR) framework to put in place a board-approved compensation policy.

C S Setty: SBI's New Boss

C S Setty: SBI's New Boss

Rediff.com1 Jul 2024

'You will see him frequently asking customers -- especially retail -- about service experience, pain points, areas of improvement and suggestions.'

Govt defends Great Nicobar project amid criticism, cites national interest

Govt defends Great Nicobar project amid criticism, cites national interest

Rediff.com26 Aug 2024

The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.

MPC refuses to drop its guard on inflation

MPC refuses to drop its guard on inflation

Rediff.com22 Apr 2024

Most members of the Reserve Bank of India's monetary policy committee (MPC) decided to stick to the course on bringing retail inflation to the target of 4 per cent while voting for maintaining status quo in the April review, except external member Jayanth Varma who voted for a 25 bps cut in the repo rate. "I believe that the extant monetary policy setting is well positioned," RBI governor Shaktikanta Das said in the minutes of the policy review, which came out on Friday. "Monetary policy transmission is continuing and inflation expectations of households are also getting further anchored.