News for 'Bank or Post Office'

SEE: Suvendu Adhikari's convoy attacked in Cooch Behar

SEE: Suvendu Adhikari's convoy attacked in Cooch Behar

Rediff.com5 Aug 2025

The convoy of West Bengal's Leader of Opposition, Suvendu Adhikari, was allegedly attacked by TMC workers during a protest in Cooch Behar. Bulletproof glasses of Adhikari's vehicle were smashed. TMC denies involvement, calling it a 'well-scripted drama'.

Correct Bogus I-T Deductions Today!

Correct Bogus I-T Deductions Today!

Rediff.com30 Jul 2025

One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.

Why IPO-bound OYO seeks to rename parent firm

Why IPO-bound OYO seeks to rename parent firm

Rediff.com30 May 2025

OYO founder Ritesh Agarwal has invited name suggestions for its parent firm Oravel Stays, in a strategic move as the global travel tech platform prepares to launch its IPO and looks to have more premium segment offerings. There is a high possibility that the name chosen through the exercise may end up being the name of the premium hotels app that OYO has been working to launch in the near future, people familiar with the strategy told PTI.

Hospitality Business Needs People, Not AI

Hospitality Business Needs People, Not AI

Rediff.com15 Jul 2025

With the rise of wellness tourism and experiential travel, specialised jobs are being created in spa management, event planning and local experience curation, besides social media management.

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

Will Language Politics Help Didi Win 4th Term?

Will Language Politics Help Didi Win 4th Term?

Rediff.com14 Aug 2025

Will Mamata's bhasha andolan campaign sway Bengal's bhadralok before the 2026 election in the TMC's favour?

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

How India Posts trained its postmen into bank officials

How India Posts trained its postmen into bank officials

Rediff.com1 Sep 2018

Each postman has undergone a three-tier training process, after which they were evaluated by the National Institute of Banking and Finance and given certificates.

Will Vijay's CM Googly Win TN Poll Match?

Will Vijay's CM Googly Win TN Poll Match?

Rediff.com5 Jul 2025

Vijay is counting on what was once proclaimed as his last filmi outing, Jana Nayagan, or 'People's Hero', to do the trick for him, when it releases on January 9, 2026, only months before the assembly poll, observes N Sathiya Moorthy.

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

Rediff.com15 Aug 2025

Jammu and Kashmir Chief Minister Omar Abdullah briefed Prime Minister Narendra Modi on a devastating cloudburst in Kishtwar district that claimed 60 lives and injured over 100. Abdullah expressed condolences and assured assistance, while also questioning potential administrative lapses.

Is Your Savings Account Losing You Money?

Is Your Savings Account Losing You Money?

Rediff.com23 Apr 2025

One should avoid keeping excessive funds in one's savings account.

8 Investing Lessons From The Ultra Rich

8 Investing Lessons From The Ultra Rich

Rediff.com4 Aug 2025

The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.

Chh'garh cop killed in Maoist blast 2 days before daughter's birthday

Chh'garh cop killed in Maoist blast 2 days before daughter's birthday

Rediff.com10 Jun 2025

He had promised his daughter that he would be there, come what may, a kin said. But fate had a different plan.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Banks report muted treasury book gains

Banks report muted treasury book gains

Rediff.com7 Aug 2024

Banks reported muted treasury gains during April-June of FY25 (Q1FY25) following Reserve Bank of India's (RBI's) revised norms on investment portfolio effective from April 1, 2024, despite softening of government bond yields. "Banks have reported muted treasury gains during Q1 of FY25 despite softening of yields across the curve. "The main reason was change in the investment valuation and classification guidelines by the RBI.

Why 'Post Bank of India' is not a workable idea

Why 'Post Bank of India' is not a workable idea

Rediff.com11 Mar 2014

The prospect of India Post turning into a bank sounds like a capital idea, especially since we are talking about inclusive banking.

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

Govt seeks RBI nod to launch India Post Payments bank

Govt seeks RBI nod to launch India Post Payments bank

Rediff.com18 Apr 2018

The IPPB, which is currently running pilot services in Raipur and Ranchi, needs a go-ahead from RBI for the software used for system integration

Red alert in many states as monsoon covers India; 2 killed U'khand

Red alert in many states as monsoon covers India; 2 killed U'khand

Rediff.com29 Jun 2025

The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.

A promise kept: How Ratan Tata helped an Army officer's son

A promise kept: How Ratan Tata helped an Army officer's son

Rediff.com10 Oct 2024

"I mentioned to sir (Ratan Tata) that the son of a fellow army officer was handicapped below the waist and needed a job," he told PTI from Pune where he now lives. "Vijay Bisht, son of my then colleague in M&G area HQ Lt Col B S Bisht, had sustained severe leg injuries after falling from a horse and I came to know he was looking for a job," he added. Tata said the needful would be done. And it was.

Professor Mahmudabad sent to judicial custody

Professor Mahmudabad sent to judicial custody

Rediff.com21 May 2025

A court in Sonipat on Tuesday remanded in judicial custody till May 27 Ali Khan Mahmudabad, the head of Ashoka University's political science department who was arrested for his social media posts related to Operation Sindoor, his lawyer said.

Retail inflation eases to over 6-yr low of 2.1% in June

Retail inflation eases to over 6-yr low of 2.1% in June

Rediff.com14 Jul 2025

Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon.

Capgemini to buy WNS for $3.3 bn in AI boost

Capgemini to buy WNS for $3.3 bn in AI boost

Rediff.com8 Jul 2025

French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.

How Will Nuns' Arrest Affect Kerala Politics?

How Will Nuns' Arrest Affect Kerala Politics?

Rediff.com6 Aug 2025

The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.

CBI repatriation rate doubles, brings back 134 over 5 years

CBI repatriation rate doubles, brings back 134 over 5 years

Rediff.com17 Jul 2025

The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Shaktikanta Das appointed principal secretary to PM

Shaktikanta Das appointed principal secretary to PM

Rediff.com22 Feb 2025

P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.

FD Rate Cuts: Balance Returns With Safety

FD Rate Cuts: Balance Returns With Safety

Rediff.com16 Apr 2025

'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'

How to Ensure Life Insurance Claims After Tragedy

How to Ensure Life Insurance Claims After Tragedy

Rediff.com17 Jul 2025

If nominees pass away, distribution is governed by succession laws of insured's religion.

'Cinema's Greatest Challenge Is Reels'

'Cinema's Greatest Challenge Is Reels'

Rediff.com5 Aug 2025

'I don't know how long cinema will survive.'

Rs 2000 notes: Rs 7,581 cr still with the public

Rs 2000 notes: Rs 7,581 cr still with the public

Rediff.com1 Jul 2024

The Reserve Bank of India (RBI) on Monday said 97.87 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, has declined to Rs 7,581 crore at the close of business on June 28, 2024.

Is Bank Demanding Payment Of Dues?

Is Bank Demanding Payment Of Dues?

Rediff.com14 Jun 2024

'Save the entire chain of e-mail exchanges so that you have documented evidence to show you informed the bank about the issue.'

Liverpool crash: Driver held over attempted murder

Liverpool crash: Driver held over attempted murder

Rediff.com27 May 2025

Man arrested on suspicion of attempted murder after Liverpool parade crash

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

RBL Bank: Strange Corner Office Changes

RBL Bank: Strange Corner Office Changes

Rediff.com5 Jul 2022

One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.

How Postmen Can Help Micro-Entrepreneurs

How Postmen Can Help Micro-Entrepreneurs

Rediff.com11 Jul 2024

'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.'

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Rediff.com30 Jun 2025

While acknowledging that they needed strong allies for a chance in the assembly polls, AIADMK cadres seemingly prefer actor-politician Vijay's Tamilaga Vettri Kazhagam to the BJP, owing to the latter's 'communal agenda' and consequent hardline Hindutva image, explains N Sathiya Moorthy.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

US: Pro-Palestinian protest leader taken away in handcuffs

US: Pro-Palestinian protest leader taken away in handcuffs

Rediff.com15 Apr 2025

Immigration officials on Monday detained Mohsen Mahdawi, an organiser of pro-Palestinian protests last year at Columbia University, after he arrived at the Vermont immigration office, hoping to begin the final step to becoming a US citizen, CNN reported.

Plan panel objects to govt funding for India Post bank

Plan panel objects to govt funding for India Post bank

Rediff.com2 Aug 2013

The DoP has moved a Cabinet note for the government to provide Rs 500 crore (Rs 5 billion) as initial capital to India Post towards starting a bank.