News for 'Bank or Post Office'

The Illusion Of LAC Disengagement

The Illusion Of LAC Disengagement

Rediff.com9 Jul 2024

Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).

DeMo was a good way of converting black money into white: SC judge

DeMo was a good way of converting black money into white: SC judge

Rediff.com31 Mar 2024

Justice BV Nagarathna said she had to dissent against the demonetisation move by the central government as in 2016, when the decision was announced, the Rs 500 and Rs 1,000 notes comprised 86 per cent of the total currency notes in circulation, and 98 per cent of it came back after they were banned.

I-T dept asks banks to report pre-note ban cash deposits

I-T dept asks banks to report pre-note ban cash deposits

Rediff.com8 Jan 2017

Banks, cooperative banks and post offices will have to report to the tax department all cash deposits between April 1 to November 9, 2016.

Chinese company shuts shop in Pakistan days after terror attack

Chinese company shuts shop in Pakistan days after terror attack

Rediff.com28 Mar 2024

Two days after five Chinese nationals were killed in a suicide attack at a hydropower project in Khyber Pakhtunkhwa in Pakistan, a Chinese company has suspended civil works and laid off hundreds of workers at another hydropower project in the same restive province, according to media reports on Thursday.

ED recovers Rs 35 cr from domestic help of J'khand minister's secretary

ED recovers Rs 35 cr from domestic help of J'khand minister's secretary

Rediff.com7 May 2024

The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.

Crypto firms see no long term impact of fall of US banks, investors unsure

Crypto firms see no long term impact of fall of US banks, investors unsure

Rediff.com15 Mar 2023

The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.

RBI extends deadline to exchange Rs 2,000 notes

RBI extends deadline to exchange Rs 2,000 notes

Rediff.com30 Sep 2023

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the system by another week, till October 7.

'Unjustified': Pak after India seizes nuclear cargo from ship

'Unjustified': Pak after India seizes nuclear cargo from ship

Rediff.com3 Mar 2024

Security agencies at Mumbai's Nhava Sheva port intercepted and seized the consignment of a Karachi-bound ship from China after it was found carrying a dual-use consignment with implications for Pakistan's nuclear and ballistic missile programmes.

Infosys selected for Rs 700 cr India Post project

Infosys selected for Rs 700 cr India Post project

Rediff.com9 Aug 2012

This project aims to transform India Post into a technology-enabled and autonomous market leader.

Safeguard Streedhan. Read To Know More

Safeguard Streedhan. Read To Know More

Rediff.com13 May 2024

Streedhan refers to gifts, money or property that a woman receives before her marriage, at the time of her marriage, during childbirth or widowhood, primarily from her parents, relatives or in-laws.

Even MBAs Find It Tough To Get Jobs

Even MBAs Find It Tough To Get Jobs

Rediff.com1 Jul 2024

'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Rediff.com10 Mar 2024

The Lokpal was functioning without its regular chief since Pinaki Chandra Ghose completed his term on May 27, 2022.

Govt invites applications for chief economic adviser post

Govt invites applications for chief economic adviser post

Rediff.com26 Oct 2021

The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month. Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.

HDFC Bank to launch slew of digital initiatives

HDFC Bank to launch slew of digital initiatives

Rediff.com25 Apr 2022

Having issued over 21 lakh cards since lifting of curbs last year, the country's largest private sector lender HDFC Bank is planning to launch a slew of digital initiatives over the next few quarters, a top official said. The Reserve Bank had barred HDFC Bank from issuing new credit cards following incidents of outages in the lender's internet banking /mobile banking/ payment utilities over the previous two years. The curbs were partially lifted after eight months in August last year. Finally, in March 2022, the RBI lifted all restrictions placed on the bank, including digital launches.

Bluechips Drive Markets To $5 Trillion

Bluechips Drive Markets To $5 Trillion

Rediff.com23 May 2024

The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).

Political Savvy Nirmalaji's Bold Budget

Political Savvy Nirmalaji's Bold Budget

Rediff.com3 Aug 2024

Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.

Why splitting banks' CMD post is a half-baked move

Why splitting banks' CMD post is a half-baked move

Rediff.com2 Jan 2015

Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.

Who Will Vote For Vijay, And Why?

Who Will Vote For Vijay, And Why?

Rediff.com14 Aug 2024

Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Market-linked pay for govt bank chiefs likely

Market-linked pay for govt bank chiefs likely

Rediff.com23 Jan 2015

The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.

Should You Deposit Money In FD?

Should You Deposit Money In FD?

Rediff.com18 Jan 2024

Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.

Kejriwal's family under house arrest, claims AAP

Kejriwal's family under house arrest, claims AAP

Rediff.com22 Mar 2024

Delhi Cabinet minister Atishi on Friday said the Aam Aadmi Party (AAP) is worried about the security of Chief Minister Arvind Kejriwal in Enforcement Directorate (ED) custody.

Ramoji Rao, The Telugu Colossus

Ramoji Rao, The Telugu Colossus

Rediff.com10 Jun 2024

Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.

Rs 500, 1000 notes scrapped; ATMs, banks closed tomorrow

Rs 500, 1000 notes scrapped; ATMs, banks closed tomorrow

Rediff.com8 Nov 2016

The people of India have 50 days, from November 10 to December 30, to deposit notes of Rs 500 and Rs 1,000 in any Bank or Post Office.

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

Beware Of This SCAM!

Beware Of This SCAM!

Rediff.com3 May 2024

'Avoid rushing into any financial transactions or disclosing personal information.'

IDBI Bank back in black in FY21 after five years

IDBI Bank back in black in FY21 after five years

Rediff.com5 May 2021

The bank expects to grow loan book by 10 per cent in the current financial year with calibrated exposure to corporate accounts and thrust on the retail segment.

Paytm Crisis: StartUp Founders Take Note

Paytm Crisis: StartUp Founders Take Note

Rediff.com22 Feb 2024

Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.

How To Avoid TDS?

How To Avoid TDS?

Rediff.com14 May 2024

'Tax is not required to be deducted from specified payments if a recipient files a self-declaration with the deductor for no deduction of tax.'

Kanpur: Man held for hate posts on FB; Sec 144 imposed ahead of Friday prayers

Kanpur: Man held for hate posts on FB; Sec 144 imposed ahead of Friday prayers

Rediff.com10 Jun 2022

It has also been decided to make heavy deployment of forces in some pockets of Kanpur ahead of Friday prayers, police said.

RBI panel recommends NE banking overhaul

RBI panel recommends NE banking overhaul

Rediff.com7 Oct 2008

The committee headed by RBI's Deputy Governor Usha Thorat made a series of recommendations that include increasing banking penetration and strengthening of Regional Rural banks and Urban Co-operative banks in the region. It said post offices, traditional institutions and NGOs need to be co-opted by the banking industry so as to encourage economic activities.

Infosys plans to roll out Rs 700-cr project for India Post in 2yrs

Infosys plans to roll out Rs 700-cr project for India Post in 2yrs

Rediff.com6 Dec 2012

It would help the PSU transform its banking and insurance operations cross 150,000 post offices in the country.

'Brand Stalin' Shows Annamalai His Place

'Brand Stalin' Shows Annamalai His Place

Rediff.com11 Jun 2024

If Tamil Nadu voters preferred the DMK combine, it owed to the Modi-Annamalai combo's ideological battle which often crossed the line of political decency and also challenged 'Tamil pride', argues N Sathiya Moorthy.

Jharkhand IAS officer Singhal bought properties from MGNREGA 'cut': ED

Jharkhand IAS officer Singhal bought properties from MGNREGA 'cut': ED

Rediff.com20 Jul 2022

Suspended Jharkhand IAS officer Pooja Singhal was paid "commission" by subordinate staff from MGNREGA funds of Khunti district which she and her husband subsequently utilised for acquiring various properties, the Enforcement Directorate (ED) claimed in a statement on Wednesday.

Urgent! Update Financial Details!

Urgent! Update Financial Details!

Rediff.com6 Dec 2023

Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.

Ayodhya's Ram temple gets FCRA nod, can receive forex donations

Ayodhya's Ram temple gets FCRA nod, can receive forex donations

Rediff.com18 Oct 2023

The Union home ministry has granted approval to the Shri Ram Janmbhoomi Teerth Kshetra to receive contributions from foreign sources for the construction of Ram temple in Ayodhya, its general secretary Champat Rai said on Wednesday.

'I can't do JEE, I'm a loser': Girl ends life in Kota

'I can't do JEE, I'm a loser': Girl ends life in Kota

Rediff.com29 Jan 2024

An 18-year-old student preparing for the Joint Entrance Examination (JEE) allegedly hanged herself at her home in Kota on Monday, leaving behind a suicide note saying sorry to her parents and calling herself a 'loser'.

FIR reveals how CBI officers compromised probe for kickbacks

FIR reveals how CBI officers compromised probe for kickbacks

Rediff.com15 Jan 2021

CBI officials booked for graft by the central probe agency were not only receiving regular kickbacks for compromising investigation, but were also acting as conduits to bribe their peers on behalf of companies accused of siphoning off crores of public money from banks, the FIR against them alleges.

Postal Dept to use its network for proposed Payment Bank

Postal Dept to use its network for proposed Payment Bank

Rediff.com28 Feb 2015

Post Office has 1,54,000 rural branches.