News for 'Circular'

Anmol Bishnoi ordered Siddique's murder to create terror: Police

Anmol Bishnoi ordered Siddique's murder to create terror: Police

Rediff.com6 Jan 2025

The crime branch named 29 accused in the 4,590-page charge sheet, including 26 already arrested and three wanted persons, including Anmol Bishnoi, the brother of jailed gangster Lawrence Bishnoi.

Akasa Air faces DGCA heat for lapses

Akasa Air faces DGCA heat for lapses

Rediff.com15 Jan 2025

Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.

ISRO's SpaDeX satellites close in for historic docking

ISRO's SpaDeX satellites close in for historic docking

Rediff.com10 Jan 2025

The two Space Docking Experiment (SpaDeX) satellites that the Indian Space Research Organisation is hoping to unite are at a distance of 1.5 km and will be brought much closer on January 11, the space agency said on Friday.

What Went Wrong With ISRO's Latest Mission?

What Went Wrong With ISRO's Latest Mission?

Rediff.com19 Feb 2025

ISRO's vendor policy and quality control processes are under scanner.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

IOA row gets murkier as Usha lambasts Chaubey

IOA row gets murkier as Usha lambasts Chaubey

Rediff.com10 Oct 2024

Livid PT Usha declares no confidence bid against her illegal

Top-Up SIPs Make More Money Than SIPs

Top-Up SIPs Make More Money Than SIPs

Rediff.com27 Jan 2025

Meet the game-changer in mutual fund investments, explains Anamika Pareek.

Maha 'cash-for-votes': Man held at Ahmedabad airport

Maha 'cash-for-votes': Man held at Ahmedabad airport

Rediff.com20 Nov 2024

A man wanted by the Enforcement Directorate in a 'cash-for-votes' case-linked money laundering investigation in Maharashtra has been apprehended at the Ahmedabad international airport, official sources said on Wednesday.

Ketan Parekh among 3 banned from securities markets

Ketan Parekh among 3 banned from securities markets

Rediff.com3 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.

No detention, stopping departure under lookout circular, rules Delhi HC

No detention, stopping departure under lookout circular, rules Delhi HC

Rediff.com4 Jul 2022

The Delhi high court on Monday said a citizen cannot be detained, arrested, or prevented from leaving the country under a Look Out Circular (LOC) unless suspected to be involved in the commission or facing investigation or trial for cognizable offences under the law.

Govt extends I-T audit report filing date to Oct 7

Govt extends I-T audit report filing date to Oct 7

Rediff.com30 Sep 2024

The income tax department has extended the date for filing audit report for 2023-24 by 7 days till October 7. In a circular, the I-T department said considering the difficulties faced by taxpayers in electronic filing of various audit reports under the Income Tax Act, the deadline is being extended from September 30 to October 7.

What is RBI's February 12 circular all about?

What is RBI's February 12 circular all about?

Rediff.com12 Feb 2019

The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.

Madras HC stays lookout circular against Karti

Madras HC stays lookout circular against Karti

Rediff.com10 Aug 2017

Karti contended that the lookout circular was part of the Centre's 'political vendetta'.

ITR filing deadline for corporates extended by 15 days to Nov 15

ITR filing deadline for corporates extended by 15 days to Nov 15

Rediff.com26 Oct 2024

The income tax department on Saturday extended the deadline for filing income tax returns by corporates by 15 days till November 15 for assessment year 2024-25. In a circular, the Central Board of Direct Taxes (CBDT) said the deadline will be extended from the earlier target date of October 31. The new deadline for Assessment Year 2024-25 (for furnishing tax returns for fiscal 2023-24) is November 15.

BSE to discontinue weekly index derivatives on Sensex 50, Bankex

BSE to discontinue weekly index derivatives on Sensex 50, Bankex

Rediff.com3 Oct 2024

Leading stock exchange the BSE on Thursday announced the discontinuation of weekly index derivatives contracts on Sensex 50 and Bankex, following a new directive from markets regulator Sebi. In its circular, BSE said weekly index derivatives contracts on the Sensex 50 will be discontinued from November 14 after the expiry of existing contracts. No new weekly contracts will be generated.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

SpaDeX mission: Spacecraft placed in right orbit, ISRO eyes another feat

SpaDeX mission: Spacecraft placed in right orbit, ISRO eyes another feat

Rediff.com31 Dec 2024

Dubbed as a prelude to ISRO setting up its own Space Station by 2035, the PSLV-C60 mission would also make India join an elite club in achieving this feat which is expected to take place in the coming days.

RBI issues framework for reclassification of FPI to FDI

RBI issues framework for reclassification of FPI to FDI

Rediff.com11 Nov 2024

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.

Will US extradite Lawrence Bishnoi's brother to India?

Will US extradite Lawrence Bishnoi's brother to India?

Rediff.com21 Nov 2024

Anmol Bishnoi, the younger brother of jailed gangster Lawrence Bishnoi, has been arrested by US law enforcement authorities in Iowa. He is wanted in connection with several criminal cases in India, including the murder of NCP leader Baba Siddique and the firing outside actor Salman Khan's Mumbai home.

Rs 10 lakh bounty on Bishnoi's brother for order to 'kill Salman'

Rs 10 lakh bounty on Bishnoi's brother for order to 'kill Salman'

Rediff.com25 Oct 2024

The NIA has announced a reward of Rs 10 lakh for information leading to the arrest of Anmol Bishnoi, the younger brother of jailed gangster Lawrence Bishnoi, officials said on Friday.

'All Algo Orders Shall Be Tagged'

'All Algo Orders Shall Be Tagged'

Rediff.com14 Dec 2024

'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'

'Never Imagined Meeting Hardened Criminals'

'Never Imagined Meeting Hardened Criminals'

Rediff.com6 Feb 2025

'We have been fighting to treat political prisoners differently.' 'Except for Hyderabad and Kolkata, the concept of keeping political prisoners separate doesn't exist in India.'

Aadhaar not valid document to determine age, rules SC, overturns HC order

Aadhaar not valid document to determine age, rules SC, overturns HC order

Rediff.com24 Oct 2024

A bench comprising Justices Sanjay Karol and Ujjal Bhuyan, therefore, said the age of the deceased had to be determined from the date of birth mentioned in the school leaving certificate under Section 94 of the Juvenile Justice (Care and Protection of Children) Act, 2015.

Took 5 decades to realise mistake: HC on barring govt staff from joining RSS

Took 5 decades to realise mistake: HC on barring govt staff from joining RSS

Rediff.com25 Jul 2024

The Madhya Pradesh high court on Thursday said it took the Union government nearly five decades to realise that an "internationally renowned" organisation like Rashtriya Swayamsevak Sangh was wrongly placed in the list of organisations banned for government employees.

Brokerages revise fee as true-to-label norms kick in

Brokerages revise fee as true-to-label norms kick in

Rediff.com3 Oct 2024

Leading brokerages have revised their charges with the true-to-label norms by the Securities and Exchange Board of India (Sebi) kicking in from Tuesday.

Shivaji statue collapse: Look-out notice issued against sculptor

Shivaji statue collapse: Look-out notice issued against sculptor

Rediff.com3 Sep 2024

Jaydeep Apte, a Thane-based sculptor, had executed the contract to make the statue.

Uddhav Sena youth wing sweeps Mumbai varsity senate polls

Uddhav Sena youth wing sweeps Mumbai varsity senate polls

Rediff.com28 Sep 2024

The much-delayed election for ten seats was held on September 24 following a Bombay high court directive.

President Murmu to lead celebrations to mark 75 years of Constitution

President Murmu to lead celebrations to mark 75 years of Constitution

Rediff.com25 Nov 2024

A special website has also been created to mark the year-long celebrations, Union Culture Secretary Arunish Chawla told reporters during a briefing at the National Media Centre in New Delhi.

Taxmen allowed to waive or reduce interest due from assessee with riders

Taxmen allowed to waive or reduce interest due from assessee with riders

Rediff.com5 Nov 2024

The income tax department has allowed tax officials to either waive or reduce interest payable by a taxpayer, subject to specified conditions. Under the Income Tax Act Section 220 (2A), if a taxpayer fails to pay the tax amount specified in any demand notice, he/she is liable to pay interest at 1 per cent per month for the period of delay in making the payment. The Act also empowers Principal Chief Commissioner (PrCCIT) or Chief Commissioner (CCIT) or Principal Commissioner (PrCIT) or Commissioner rank officers to reduce or waive the amount interest due to be paid.

'RBI has a tough balancing act to do'

'RBI has a tough balancing act to do'

Rediff.com1 Jan 2025

'Inflation is not good for industry. Nor for the economy as a whole.'

RBI directs gold loan providers to review policies and practices

RBI directs gold loan providers to review policies and practices

Rediff.com1 Oct 2024

The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps. The central bank also told them to closely monitoring their gold loan portfolios amid significant growth observed in this segment vis--vis some lenders. Additionally, the RBI, through a circular, instructed these lenders to ensure adequate controls over outsourced activities and third-party service providers.

Cashless Health Claims To Be Approved In 1 Hour

Cashless Health Claims To Be Approved In 1 Hour

Rediff.com30 May 2024

Health insurance policy-holders will be able to avail a discount on the premium payable if there were no claims made in the previous year, according to the circular released by the regulator.

The history behind India's iconic circular Parliament

The history behind India's iconic circular Parliament

Rediff.com10 Dec 2020

The existing building is a British-era building, designed by Edwin Lutyens and Herbert Baker who were responsible for planning and construction of New Delhi.

'Our higher growth is coming from retail lines'

'Our higher growth is coming from retail lines'

Rediff.com5 Oct 2024

'There is more expansion in the industry happening in retail lines, so we will continue to focus on those lines.'

Extradition process begins to bring back Lawrence Bishnoi's Brother from US

Extradition process begins to bring back Lawrence Bishnoi's Brother from US

Rediff.com2 Nov 2024

Both Lawrence and Anmol Bishnoi have been named as wanted accused in the April 14 firing incident outside the Bollywood actor Salman Khan's Galaxy Apartment in Mumbai's Bandra area.

HC fines Nashik jailor Rs 25,000 for rejecting parole to inmate

HC fines Nashik jailor Rs 25,000 for rejecting parole to inmate

Rediff.com21 Nov 2024

The Bombay High Court has imposed a Rs 25,000 fine on a Nashik prison jailor for illegally rejecting a prisoner's parole application. The court stated that the jailor's decision contravened the law and was based on a government circular that is inconsistent with existing prison rules. The court has ordered the jailor to reconsider the parole application and forward it to the appropriate authority for a decision.

ISRO To Sign Off 2024 With SpaDex

ISRO To Sign Off 2024 With SpaDex

Rediff.com23 Dec 2024

India is marching towards becoming the fourth country in the world to have space docking technology.

Foreign cos get GST relief on loans to Indian arms

Foreign cos get GST relief on loans to Indian arms

Rediff.com28 Jun 2024

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Additional fees, commissions, or related payments - over and above the amount charged as interest - on these loans will attract GST at 18 per cent, the Central Board of Indirect Taxes and Customs (CBIC) has said.

Baba Siddique's shooters practiced firing in Raigad: Police

Baba Siddique's shooters practiced firing in Raigad: Police

Rediff.com22 Oct 2024

The three gunmen involved in the killing of Nationalist Congress Party leader Baba Siddique in Mumbai practiced firing near a waterfall in adjoining Raigad district before executing the murder, police officials said on Tuesday citing their investigation.

Insider trading norms for MFs to be applicable from Nov 1

Insider trading norms for MFs to be applicable from Nov 1

Rediff.com22 Oct 2024

All transactions in the units of an asset management company's mutual funds exceeding Rs 15 lakh executed by designated persons, trustees, or their immediate relatives must be reported to the compliance officer within two business days from such transactions, Sebi said on Tuesday. The threshold of Rs 15 lakh could be either in a single transaction or multiple transactions within a quarter, per PAN, across all schemes except exempted ones. The new rules will be applicable from November 1, the Securities and Exchange Board of India (Sebi) said in a circular.