News for 'Circular'

Office circular not a gag order: Air India

Office circular not a gag order: Air India

Rediff.com26 May 2010

The 'gag order' was one of the crucial issues on which a section of its employees went on a flash strike on Tuesday, disrupting Air India's flight schedules.

Special trading session: Markets settle at new closing highs

Special trading session: Markets settle at new closing highs

Rediff.com2 Mar 2024

Among the Sensex firms, Tata Steel, Tata Motors, Asian Paints, Wipro, State Bank of India and Larsen & Toubro were the major gainers. ICICI Bank, NTPC, Axis Bank and Mahindra & Mahindra were among the laggards.

J-K NIT declares early winter vacation amid protests over social media post

J-K NIT declares early winter vacation amid protests over social media post

Rediff.com30 Nov 2023

Non-local students left the institute in the afternoon in a convoy of 15 vehicles under security escort to Jammu for onward journey to their respective home states, officials said.

What You Should Know About LRS

What You Should Know About LRS

Rediff.com3 Aug 2023

Keep track of your foreign remittances to avoid giving incorrect declarations as these could be held against you.

FPIs from Mauritius to face greater scrutiny after tax treaty revision

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Rediff.com18 Apr 2024

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by taxpayers. The Mauritius government had in February decided to amend the double taxation avoidance agreement (DTAA) with India to align with the Organisation for Economic Co-operation and Development's proposal on base erosion and profit shifting. Although the agreement between India and Mauritius was signed on March 7, the protocol of the amendment was made public for the first time on Wednesday, said legal experts.

Lower provisions drive ICICI Bank to report 18.5% growth in Q4

Lower provisions drive ICICI Bank to report 18.5% growth in Q4

Rediff.com27 Apr 2024

ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions. On a standalone basis, the second largest private sector lender showed a 17.4 per cent growth in its profit after tax at Rs 10,708 crore for the reporting quarter against Rs 9,122 crore in the year-ago period. For fiscal 2023-24, its standalone net profit grew to Rs 40,888 crore from Rs 31,896 crore a year ago.

Court raps police for issuing summons on WhatsApp, tells DCPs to take action

Court raps police for issuing summons on WhatsApp, tells DCPs to take action

Rediff.com31 May 2023

A Delhi court has taken a serious view of the practice of service of summons on witnesses through WhatsApp by police personnel and said the officials do not seem to have respect for superior orders.

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.'

'Indian wrestlers under threat and harassment by WFI members'

'Indian wrestlers under threat and harassment by WFI members'

Rediff.com15 Feb 2024

Olympic medallist Bajrang Punia urged world governing body UWW to reimpose suspension on Wrestling Federation of India.

Recipe: Bethica's Foxtail Millet Uttapam

Recipe: Bethica's Foxtail Millet Uttapam

Rediff.com13 Mar 2024

What a way to begin the morning!

Bomb threats: HC seeks police's school evacuation plan

Bomb threats: HC seeks police's school evacuation plan

Rediff.com7 May 2024

Justice Subramonium Prasad said though police have filed a status report listing the standard operating procedure for bomb detection and disposal squads and the guidelines to deal with bomb threats in schools, they have not submitted data on several key aspects.

As North India reels under severe heatwave, rain drenches TN, Kerala in south

As North India reels under severe heatwave, rain drenches TN, Kerala in south

Rediff.com20 May 2024

Temperatures remained above 45 degrees Celsius in large parts of Rajasthan, Haryana, Delhi, Chandigarh and Uttar Pradesh, affecting daily life as many chose to remain indoors in the afternoon.

Relief for Raj Thackeray as HC quashes FIR on 2010 civic poll code breach

Relief for Raj Thackeray as HC quashes FIR on 2010 civic poll code breach

Rediff.com10 Nov 2023

An FIR was registered against Thackeray under Section 188 (disobedience to order by a public servant) of the Indian Penal Code at the time for violation of a police notice asking him not to stay within the limits of Kalyan Dombivali Municipal Corporation in Thane district.

Karnataka water situation turns grim, Rs 5,000 fine imposed for...

Karnataka water situation turns grim, Rs 5,000 fine imposed for...

Rediff.com8 Mar 2024

Amidst a severe water crisis, the Karnataka Water Supply and Sewerage Board banned the usage of drinking water for car washing, gardening, construction, water fountains and road construction and maintenance. It also imposed a fine of Rs 5,000, if the order is violated.

Mallya went abroad 4 times after 'Look Out' Circular

Mallya went abroad 4 times after 'Look Out' Circular

Rediff.com10 Mar 2016

Beleaguered businessman Vijay Mallya had made at least four trips abroad before his controversial March 2 departure since a look-out notice was issued by CBI on October 16 last to know his movements.

Asian Games: Direct entries for Bajrang, Vinesh; decision questioned

Asian Games: Direct entries for Bajrang, Vinesh; decision questioned

Rediff.com18 Jul 2023

The WFI ad-hoc panel on Tuesday handed Olympic medallist Bajrang Punia and World Championship medallist Vinesh Phogat direct entries into the Asian Games.

Gandhigiri To Recover Bad Loans

Gandhigiri To Recover Bad Loans

Rediff.com21 Nov 2023

Every defaulter is not a wilful defaulter who has the capability of paying back and is yet not servicing the bank loan, observes Tamal Bandyopadhyay.

Markets at record highs; Sensex ends up 1,245 points

Markets at record highs; Sensex ends up 1,245 points

Rediff.com1 Mar 2024

Equity benchmark indices Sensex and Nifty hit their all-time high levels on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive momentum in the equity markets. The 30-share BSE Sensex jumped 1,139.04 points to 73,639.34 -- its all-time peak -- in the late afternoon trade.

Bajrang moves court against WFI's national trials

Bajrang moves court against WFI's national trials

Rediff.com29 Feb 2024

'We will appear in the trials only if the ad-hoc panel or the government conducts it. How can a suspended body announce the trials.'

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.

Don't mention caste, religion of litigants: SC to registry

Don't mention caste, religion of litigants: SC to registry

Rediff.com7 Feb 2024

The Supreme Court asked its registry officials on Wednesday to comply with a recent order of the court in which it was directed that the practice of mentioning the caste or religion of litigants must be shunned.

'Today's actors can't read Hindi scripts'

'Today's actors can't read Hindi scripts'

Rediff.com12 Jan 2024

Javed Akhtar says he has to write Hindi dialogues in the Roman script for the new generation of actors today because 'they can't read anything else'.

MHA seeks report from Bengal govt on attacks on ED teams

MHA seeks report from Bengal govt on attacks on ED teams

Rediff.com9 Jan 2024

The home ministry also asked the state government to send details of the action taken following the attacks on the central probe agency teams, the sources said.

Private bank profits see impact of alternate investment fund provisions

Private bank profits see impact of alternate investment fund provisions

Rediff.com29 Jan 2024

The bottom lines of several private sector banks have taken a hit following the recent guidelines released by the Reserve Bank of India (RBI) on alternate investment fund (AIF) investments. Last month, the RBI announced that regulated entities, such as banks, non-bank lenders, and home financiers, cannot invest in AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders. In case an entity had already made such an investment, they must liquidate the investment or make 100 per cent provision, RBI had said.

Congress meets EC, seeks action against Modi for 'wealth redistribution' remark

Congress meets EC, seeks action against Modi for 'wealth redistribution' remark

Rediff.com22 Apr 2024

A delegation of Congress leaders met the Election Commission and handed over complaints against the prime minister, alleging that he has trampled upon and violated the model code and directions of the poll body.

Unclaimed insurance funds higher in agent-sold policies: Analysts

Unclaimed insurance funds higher in agent-sold policies: Analysts

Rediff.com4 Mar 2024

The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.

Over 130 schools in Delhi-NCR get bomb threat; IS angle suspected

Over 130 schools in Delhi-NCR get bomb threat; IS angle suspected

Rediff.com1 May 2024

The Delhi Police said it has conducted a thorough check of all schools that received the bomb threat but found nothing.

Manipur govt to invoke 'no work no pay' rule for employees

Manipur govt to invoke 'no work no pay' rule for employees

Rediff.com27 Jun 2023

A circular issued on Monday night by GAD Secretary Michael Achom said: "In pursuance of the meeting chaired by the Chief Minister on June 12 and decision taken at para 5-(12) of the proceedings, all employees drawing their salaries from General Administration Department, Manipur Secretariat are informed that no work, no pay may be invoked to all those employees who do not attend their official duty without authorised leave."

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

Rediff.com17 Nov 2023

BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech firm, sources said. The couple were to travel to New York late on Thursday for vacation when they were stopped at the airport on the basis of a look out circular issued by the Economic Offences Wing (EoW) of the Delhi police. EoW is investigating complaints of payments being made at BharatPe to fake human resource consultancies allegedly operated by Grover and family. They have also been accused of backdating invoices to use funds.

'Democracy is at risk, its pillars are getting weakened'

'Democracy is at risk, its pillars are getting weakened'

Rediff.com30 Oct 2023

'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'

Home Loans: To Top Up Or Not To Top Up?

Home Loans: To Top Up Or Not To Top Up?

Rediff.com6 May 2024

The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.

Forget football, these Brits are obsessed with kabaddi!

Forget football, these Brits are obsessed with kabaddi!

Rediff.com26 Mar 2024

Dawtrey said he was planning to quit his job in May and travel to India to train in an academy affiliated with Pro Kabaddi side UP Yoddha.

Kerala govt's suit against Centre sent to Constitution bench

Kerala govt's suit against Centre sent to Constitution bench

Rediff.com1 Apr 2024

The Supreme Court on Monday referred to a five-judge Constitution bench a suit filed by the Kerala government raising the issue of ceiling on net borrowing.

New norm for RuPay credit card use on UPI

New norm for RuPay credit card use on UPI

Rediff.com5 Oct 2022

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction, a recent NPCI circular said. RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments. "During credit card on-boarding on the apps, the device binding and UPI PIN setting process shall include and be construed as customer consent for credit card enablement for all types of transactions," the circular dated October 4 said.

RBI's foreign exchange risk move may not hit rupee for now

RBI's foreign exchange risk move may not hit rupee for now

Rediff.com11 Dec 2023

Market participants do not expect any immediate impact on the rupee from the Reserve Bank of India's (RBI's) a "comprehensive" master direction aimed at strengthening the framework for hedging foreign exchange risks. RBI Governor Shaktikanta Das, in his monetary policy statement, revealed that the central bank is poised to issue a master direction to consolidate guidelines for all types of forex transactions. But this development, according to market players, is more of a directional guidance than a mandatory directive.

Insurance: How You Can Lose Money

Insurance: How You Can Lose Money

Rediff.com22 Mar 2024

In numerous instances, family members are unaware of an insurance policy's existence, let alone its details.

Will RBI Governor Get An Extension?

Will RBI Governor Get An Extension?

Rediff.com9 Jan 2024

'After a long time, we have a governor who is approachable. The RBI's interactions with us are now much better.'

Want A Mediclaim Policy For Mental Illness?

Want A Mediclaim Policy For Mental Illness?

Rediff.com28 Mar 2023

'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'

New uniform in Lakshadweep schools: Cong warns of protests

New uniform in Lakshadweep schools: Cong warns of protests

Rediff.com12 Aug 2023

The leader also said the Congress would also intensify its protests against the Lakshadweep administration's move to permit liquor outlets in the archipelago.

WFI to challenge its suspension next week

WFI to challenge its suspension next week

Rediff.com4 Jan 2024

A defiant Wrestling Federation of India (WFI) will challenge its suspension by the Sports Ministry in court next week and has also called for an Executive Committee meeting in New Delhi on January 16 to discuss the way forward.