News for 'Business Facilitator'

India Inc draws govt attention on ease of doing business

India Inc draws govt attention on ease of doing business

Rediff.com19 Dec 2019

In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

What's A National Common Mobility Card?

What's A National Common Mobility Card?

Rediff.com19 Oct 2023

The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape. It enables travellers to pay for a cross-section of needs, including toll tax, retail shopping, and withdrawing money.

National pension system added 21.5% fewer corporate subscribers in 2023

National pension system added 21.5% fewer corporate subscribers in 2023

Rediff.com4 Mar 2024

The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes. Data collated from the Ministry of Statistics and Programme Implementation (MoSPI) reveals that the corporate component is voluntary in nature and saw 158,212 new subscribers in 2023 compared to 201,517 during 2022.

94 Indians leave Iraq; nearly 600 more to return this week

94 Indians leave Iraq; nearly 600 more to return this week

Rediff.com30 Jun 2014

As many as 94 Indians on Monday left Iraq after a "pro-active approach" initiated by the Indian officials there that would see nearly 600 nationals leaving the war-hit country to safety this week.

India's 1st Private Launchpad Preps For Liftoff

India's 1st Private Launchpad Preps For Liftoff

Rediff.com13 Feb 2024

Preparations are in the final stages by the Chennai-headquartered space-tech startup Agnikul Cosmos for the maiden launch of India's first-ever private launchpad and the second rocket launch by a private sector player.

Hospital bill? You can pay up to Rs 5 lakh through UPI

Hospital bill? You can pay up to Rs 5 lakh through UPI

Rediff.com8 Dec 2023

In a major decision, the RBI on Friday announced that UPI payment limit to hospitals and educational institutions will be raised to Rs 5 lakh from Rs 1 lakh at present and hiked the cap for e-mandates for recurring payments to Rs 1 lakh. Unveiling the December bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of Unified Payments Interface (UPI) transactions has been reviewed from time to time. "It is now proposed to enhance the UPI transaction limit for payment to hospitals and educational institutions from Rs 1 lakh to Rs 5 lakh per transaction," he said.

P2P Lending: Barking Up The Wrong Tree

P2P Lending: Barking Up The Wrong Tree

Rediff.com24 Jan 2024

P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.

How Indians Will Date in 2024

How Indians Will Date in 2024

Rediff.com6 Dec 2023

Ravi Mittal, CEO, Quack Quack, explains how casual dating will pave the way for manifest dating and more serious relationships in 2024.

Packaged food sector leaving consumers spoilt for choice with new launches

Packaged food sector leaving consumers spoilt for choice with new launches

Rediff.com28 Feb 2024

Over the past year, Amul has undergone a transformative journey, evolving from a dairy-centric entity to a comprehensive foods company. Since 2022, PepsiCo India, too, has embarked on extensive launches in the food category. Not to be left behind, ITC, which has been introducing an average of 100 fast-moving consumer goods (FMCG) products across categories every year, has also launched a number of packaged food items.

Was busy with work, didn't know what Raj Kundra was upto: Shilpa

Was busy with work, didn't know what Raj Kundra was upto: Shilpa

Rediff.com16 Sep 2021

According to the chargesheet, Shetty told the police that she did not know anything about the HotShots and Bollywood Fame apps, allegedly used by the accused for uploading and streaming obscene content.

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

Rediff.com28 Jun 2024

'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'

HSBC acquires Silicon Valley Bank's UK arm for 1 pound

HSBC acquires Silicon Valley Bank's UK arm for 1 pound

Rediff.com13 Mar 2023

The UK government announced on Monday that it has facilitated London-based banking major HSBC to buy the embattled UK arm of Silicon Valley Bank for 1 pound, securing the deposits of more than 3,000 customers worth around 6.7 billion pounds. Santa Clara, California-based Silicon Valley Bank - which specialised in lending to technology companies - was shut down by US regulators on Friday in what was the largest failure of a US bank since 2008. According to experts, although the UK arm of SVB was small with only around 3,000 business customers, its collapse would have presented a risk for the tech sector which is seen as crucial to Britain's economic growth.

Taiwan to open economic-cultural centre in Mumbai

Taiwan to open economic-cultural centre in Mumbai

Rediff.com6 Jul 2023

India on Thursday said it promotes engagement with Taiwan in several areas including trade and investment and Taipei's decision to open an economic and cultural centre in Mumbai should be seen in that context.

India's manufacturing activities fall to 5-month low in Sep

India's manufacturing activities fall to 5-month low in Sep

Rediff.com3 Oct 2023

Manufacturing activities in India fell to a five-month low in September as new orders rose at a softer pace, which tempered production growth, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell to 57.5 in September, down from 58.6 in August -- the lowest in five months. The September PMI data pointed to an improvement in overall operating conditions for the 27th straight month.

Will 'Make in India' reform trade, too?

Will 'Make in India' reform trade, too?

Rediff.com8 Feb 2015

An ambitious long-term vision to ensure economic connectivity between India and the rest of Southern Asia is critical to India's trade policy objectives.

Regulate Big Tech's AI Now!

Regulate Big Tech's AI Now!

Rediff.com21 Mar 2024

Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.

The business of Indian diplomacy is business

The business of Indian diplomacy is business

Rediff.com14 Jun 2016

Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.

Air India acquires first A350 aircraft through GIFT City

Air India acquires first A350 aircraft through GIFT City

Rediff.com29 Sep 2023

Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.

RBI directs pvt banks to have at least two wholetime directors

RBI directs pvt banks to have at least two wholetime directors

Rediff.com26 Oct 2023

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.

Dhankhar-Kharge letter war over suspensions continues

Dhankhar-Kharge letter war over suspensions continues

Rediff.com25 Dec 2023

In his reply to a letter written by Dhankhar, Kharge said the Chairman's letter 'unfortunately justifies the autocratic and arrogant attitude of the Government towards Parliament'.

Magicpin app crashes under tomato demand, stocks sold out within 10 mins

Magicpin app crashes under tomato demand, stocks sold out within 10 mins

Rediff.com1 Aug 2023

Hyperlocal delivery platform magicpin experienced an overwhelming surge in demand at 9 am on Monday, causing its app to crash, leaving users temporarily unable to access the platform. The increased traffic came after the firm announced its "tomatoes @ Rs70" initiative last week in partnership with National Cooperative Consumers Federation of India (NCCF) and Open Network for Digital Commerce (ONDC). This led to magicpin's tomato stocks depleting within the first 10 minutes, leaving many buyers struggling to order.

Bhujbal's resignation not accepted; CM can clarify: Fadnavis

Bhujbal's resignation not accepted; CM can clarify: Fadnavis

Rediff.com4 Feb 2024

The disclosure by Chhagan Bhujbal that he resigned as a minister last November has put a focus on the Maratha quota tightrope the Eknath Shinde-led government is walking amid restlessness in OBCs, with Shiv Sena-Uddhav Balasaheb Thackeray claiming Bhujbal and the Bharatiya Janata Party are hand in glove.

Indigo passenger hits pilot after over 10 hour delay

Indigo passenger hits pilot after over 10 hour delay

Rediff.com15 Jan 2024

In the short video clip, other crew members could be seen shouting at the passenger after he hit the pilot.

Indian Economy To Grow At Robust 6.6%: World Bank

Indian Economy To Grow At Robust 6.6%: World Bank

Rediff.com11 Jan 2023

'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.

What Are PhonePe's Expansion Plans?

What Are PhonePe's Expansion Plans?

Rediff.com17 Apr 2023

'We want to achieve overall profitability, and then we would go for an IPO.'

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

40-year-old fintech gurus need 60-year-olds to handhold them

40-year-old fintech gurus need 60-year-olds to handhold them

Rediff.com19 Mar 2024

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.

Transformed Ayodhya turns a page with temple pivot

Transformed Ayodhya turns a page with temple pivot

Rediff.com22 Jan 2024

On Monday, a new chapter will be written in Ayodhya's and the country's history with the consecration ceremony at the newly-built Ram temple which will be attended by Prime Minister Narendra Modi and over 7,000 guests.

A 'billionloans' for small businesses

A 'billionloans' for small businesses

Rediff.com16 Mar 2017

Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Delhi services bill to be taken up in Lok Sabha next week

Delhi services bill to be taken up in Lok Sabha next week

Rediff.com28 Jul 2023

The Union Cabinet on Tuesday gave its nod to the Government of National Capital Territory of Delhi (Amendment) Bill, which will replace the ordinance promulgated by the Centre on May 19.

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Rediff.com16 Nov 2023

The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.

Why India Is Buying 5 Argentine Lithium Mines

Why India Is Buying 5 Argentine Lithium Mines

Rediff.com2 Jan 2024

The Centre will invest around Rs 200 crore over five years for the exploration and development of these mines.

Indian woman who fell from Singapore cruise ship dies

Indian woman who fell from Singapore cruise ship dies

Rediff.com2 Aug 2023

The Indian couple was on a four-day cruise on the Spectrum of the Seas which was on the way back to Singapore from Penang on Monday morning when the 70-year-old Jakesh woke up to find his wife missing from their room.

Note ban part of strategy to combat black money, terror funding: Centre to SC

Note ban part of strategy to combat black money, terror funding: Centre to SC

Rediff.com16 Nov 2022

The submissions were made in an affidavit filed in response to a batch of pleas challenging the Centre's 2016 demonetisation decision.

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

Union Budget '24: Realty players' high-rise expectations

Union Budget '24: Realty players' high-rise expectations

Rediff.com11 Jan 2024

During 2023, the Indian real estate sector - both housing and commercial - witnessed buoyancy fuelled by demand, supply, and absorption, and the sector is banking on the upcoming Budget to keep the momentum going. Mumbai-based Sattva Group wants the government to focus on the critical pillars for long-term growth. The company emphasised on the infrastructure boom with increased allocation, lower goods and services tax (GST) rates, incentives for affordable housing and single-window clearance to fast-track projects and support liquidity.

Nurture a career in agri-business

Nurture a career in agri-business

Rediff.com6 Apr 2005

The Indian Institute of Plantation Management, Bangalore, invites applications for its Post Graduate Diploma in Agri-Business & Plantation Management.

Maharashtra assembly okays bill making it easy to cut trees

Maharashtra assembly okays bill making it easy to cut trees

Rediff.com28 Jul 2023

The Maharashtra legislative assembly on Friday passed a bill empowering local tree authorities to allow the felling of all types of trees without referring matters to the State Tree Authority.