News for 'Circular'

Why Lawyers Are Unhappy With ED Summons

Why Lawyers Are Unhappy With ED Summons

Rediff.com30 Jun 2025

'In no way can an advocate be considered responsible for his or her client's actions.'

NSE defers switching to Monday expiry after Sebi's consultation paper

NSE defers switching to Monday expiry after Sebi's consultation paper

Rediff.com28 Mar 2025

The National Stock Exchange (NSE) has deferred its plan to change the expiry day of all index and stock derivatives to Monday from Thursday until further notice following markets regulator Sebi's consultation paper. The shift, which was scheduled to take effect on April 4, 2025, would have seen all index and stock derivative contracts move from Thursday to Monday.

The Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

Air India crash creates rare insurance dilemma: Nominees also among dead

Air India crash creates rare insurance dilemma: Nominees also among dead

Rediff.com18 Jun 2025

There have been some cases where the entire family has perished or both spouses died in the crash, which are making the claims process particularly complex.

'After Quit India, There Could Be No Retreat'

'After Quit India, There Could Be No Retreat'

Rediff.com9 Aug 2025

On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

Modi inaugurates world's highest railway bridge in J-K

Modi inaugurates world's highest railway bridge in J-K

Rediff.com6 Jun 2025

After the Chenab bridge, Modi also inaugurated India's first cable-stayed rail bridge over the river Anji. The prime minister then walked on the Chenab rail bridge holding the tricolour.

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Rediff.com18 Jun 2025

In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.

'Every Indian Is A Potential Illegal Immigrant'

'Every Indian Is A Potential Illegal Immigrant'

Rediff.com11 Jul 2025

'The long term strategy is that this government wants to create a second class citizen list.'

Sisodia claims look out circular issued against him; CBI denies

Sisodia claims look out circular issued against him; CBI denies

Rediff.com21 Aug 2022

Sisodia on Sunday hit out at Prime Minister Narendra Modi.

'Maligned India': Govt defends cancelling US scribe's OCI card

'Maligned India': Govt defends cancelling US scribe's OCI card

Rediff.com5 Jun 2025

The Centre has defended in the Delhi high court its decision to cancel the overseas citizen of India (OCI) card of United States-based journalist Raphael Satter saying he maligned Indian institutions in the international arena through journalistic activities.

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

Rediff.com4 Jul 2025

'There are tall personalities who have utilised Mumbai and Maharashtra for their career growth, but they never thought it is their responsibility to learn Marathi.'

T'gana allows early leave for Muslim staffers during Ramzan; BJP slams move

T'gana allows early leave for Muslim staffers during Ramzan; BJP slams move

Rediff.com18 Feb 2025

The Telangana government has issued a circular allowing Muslim employees to leave offices an hour early during the holy month of Ramzan. The move has been criticized by the opposition Bharatiya Janata Party (BJP), which termed it "appeasement politics". The BJP questioned why similar measures are not extended during Hindu festivals. The ruling Congress party defended the decision, stating that such facilities are provided during various festivals and are not unique to Ramzan.

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Rediff.com29 May 2025

The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.

India's First Emperor

India's First Emperor

Rediff.com1 Jul 2025

Chandragupta Maurya was the first king to establish an empire in India. He died a monk.

NCW chief wants JNU to withdraw circular asking girls to 'draw a line'

NCW chief wants JNU to withdraw circular asking girls to 'draw a line'

Rediff.com28 Dec 2021

National Commission for Women chairperson Rekha Sharma has sought withdrawal of a 'misogynist' circular issued by the Jawaharlal Nehru University, which says girls are 'supposed to know how to draw a tangible line between them and their male friends.'

WFI to conduct selection trials for Asian Championship

WFI to conduct selection trials for Asian Championship

Rediff.com12 Mar 2025

The trials will select top wrestlers to represent India at the Asian Championship in Amman, Jordan from March 25-30.

Cash row judge absent from HC administrative panels

Cash row judge absent from HC administrative panels

Rediff.com28 Mar 2025

Justice Yashwant Varma, embroiled in the cash discovery row following a fire at his residence, has been excluded from all administrative committees of the Delhi High Court. The committees were recently reconstituted, with all other judges, including the Chief Justice, included. Justice Varma was previously a member of several committees. His work was withdrawn following a directive from the Chief Justice of India, who has also ordered an in-house inquiry into the allegations.

'Vaibhav ne hamare zilla ka naam roshan kiya hai'

'Vaibhav ne hamare zilla ka naam roshan kiya hai'

Rediff.com29 Apr 2025

At 14 years and 32 days, Suryavanshi became the youngest player to score a century in T20 cricket, dethroning Vijay Zol, aged 18 years and 118 days, when he scored 109 against Mumbai in 2013.

MP govt scraps circular on sterilisation, shifts official

MP govt scraps circular on sterilisation, shifts official

Rediff.com22 Feb 2020

The circular asked MPHWs to get at least one man sterilised in the current financial year, which ends on March 31 or else their salaries would be withheld and they would be given compulsory retirement.

IndusInd Bank may now face ICAI probe

IndusInd Bank may now face ICAI probe

Rediff.com14 Mar 2025

Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting to the tune of Rs 2,100 crore. The private sector lender, on March 10, disclosed about some discrepancies in its derivatives portfolio which could have an adverse impact of about 2.35 per cent of the bank's net worth as of December 2024 as per its internal review.

ISRO's POEM-4 successfully re-enters Earth's atmosphere

ISRO's POEM-4 successfully re-enters Earth's atmosphere

Rediff.com5 Apr 2025

The Indian Space Research Organisation (ISRO) announced that the fourth edition of the PSLV Orbital platform Experiment Module (POEM-4), used for the space docking experiment mission, has successfully re-entered the Earth's atmosphere. The module, a repurposed spent upper stage of the Polar Satellite Launch Vehicle, impacted at 02:33 UTC (08:03 IST) on April 04, 2025, in the Indian Ocean. This successful re-entry signifies ISRO's commitment to mitigating space debris and contributing to the long-term sustainability of the outer space environment. POEM-4 had hosted 24 payloads during its mission life, yielding valuable science data. ISRO and the United States Space Command (USSPACECOM) closely monitored the module's orbit decay and predicted the re-entry date. This event showcases ISRO's proactive approach to responsible space operations.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

ED seizes Rs 1.5 cr from L2: Empuraan producer's company

ED seizes Rs 1.5 cr from L2: Empuraan producer's company

Rediff.com5 Apr 2025

The Enforcement Directorate (ED) has seized Rs 1.5 crore in cash from the premises of a chit fund company owned by Gokulam Gopalan, one of the producers of the Malayalam movie "L2: Empuraan", in connection with foreign exchange law violations. The searches were conducted at locations in Kozhikode, Kerala and Chennai, Tamil Nadu. The ED alleged that the company collected subscription to chit funds from persons residing outside India without due permission and violated regulations framed by the Reserve Bank of India (RBI).

'Diabolical act': SC resolution condemns Pahalgam terror attack

'Diabolical act': SC resolution condemns Pahalgam terror attack

Rediff.com23 Apr 2025

The Supreme Court of India strongly condemned the terrorist attack in Pahalgam, Kashmir, that killed at least 26 people, mostly tourists. The court observed a moment of silence in tribute to the victims and expressed condolences to their families. The attack was described as an affront to the values of humanity and the sanctity of life. The Supreme Court Bar Association and other legal bodies also condemned the attack and expressed solidarity with the victims and their families.

IMF imposes 11 new conditions on Pak, warns against tensions with India

IMF imposes 11 new conditions on Pak, warns against tensions with India

Rediff.com18 May 2025

The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.

Stock exchanges ease technical glitch norms for brokers

Stock exchanges ease technical glitch norms for brokers

Rediff.com4 Apr 2025

The exchanges have also revised the instances which will be considered a technical glitch excluding instances where the broker is not at fault.

Mission: Impossible - The Final Reckoning Review: Mission Accomplished

Mission: Impossible - The Final Reckoning Review: Mission Accomplished

Rediff.com17 May 2025

The Final Reckoning, with all its startling ambition and scope, puts a dazzling display of stunt-work by Tom Cruise, applauds Mayur Sanap.

Why Lalu Prasad Expelled His Elder Son Over FB post

Why Lalu Prasad Expelled His Elder Son Over FB post

Rediff.com28 May 2025

'It was really difficult for Laluji to expel his son from the party and sever family ties with him.'

Railways reduces advance train booking time to 60 days

Railways reduces advance train booking time to 60 days

Rediff.com17 Oct 2024

All bookings done up to October 31 under the Advance Reservation Period of 120 days will remain intact, it added.

Why lakhs leave their footwear behind at Ram Temple every day

Why lakhs leave their footwear behind at Ram Temple every day

Rediff.com2 Mar 2025

The Ayodhya municipal corporation is grappling with a unique problem: a massive pile of abandoned footwear left behind by devotees at the Ram temple. This issue has arisen due to a change in crowd management measures, leading to a long journey to retrieve shoes for many visitors, causing them to leave the temple barefoot.

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.

Securities market fraud: How to avoid being misled

Securities market fraud: How to avoid being misled

Rediff.com30 Apr 2025

The Securities and Exchange Board of India (Sebi), in a circular dated April 11, 2025, warned investors about rising fraud and manipulation linked to the securities market on social media platforms.

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'.

HC orders holding Mumbai university polls on schedule

HC orders holding Mumbai university polls on schedule

Rediff.com21 Sep 2024

A division bench of Justices AS Chandurkar and Rajesh Patil stayed the government's September 19 circular, temporarily postponing the election.

ITC Hotels lists at Rs 188 on BSE, Rs 180 on NSE

ITC Hotels lists at Rs 188 on BSE, Rs 180 on NSE

Rediff.com29 Jan 2025

Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, listed on the stock exchanges on Wednesday. The stock listed at Rs 188 on the BSE, while on the NSE it began the trade at Rs 180. Later the stock declined 5 per cent to Rs 178.60 on the BSE.

Banks can now declare ex-IL&FS directors 'wilful defaulters'

Banks can now declare ex-IL&FS directors 'wilful defaulters'

Rediff.com8 Apr 2025

The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected.

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.

'Jai Hind' to replace 'Good Morning' in Haryana schools from Aug 15

'Jai Hind' to replace 'Good Morning' in Haryana schools from Aug 15

Rediff.com9 Aug 2024

The move, initiated by the Haryana government, aims to "instill a deep sense of patriotism and national pride" among students, the directorate of school education, said in the circular issued on Thursday.