News for 'Circular'

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.'

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.

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.'

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.

'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.'

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.

No updated tax returns after facing searches by I-T department

No updated tax returns after facing searches by I-T department

Rediff.com11 Feb 2023

Persons and entities who have faced search or survey proceedings by the income tax department "in any previous year" will no longer be allowed to file updated tax returns. Earlier, it was proposed that an updated tax return cannot be filed, in case of search or survey proceedings in the relevant financial year and the preceding one.

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.

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.

Don't call too many meetings, no using filthy language, Bihar govt tells babus

Don't call too many meetings, no using filthy language, Bihar govt tells babus

Rediff.com19 May 2023

The Bihar government has advised heads of departments, district magistrates and other senior officials not to call too many meetings as it was affecting the work culture in the state. A recent circular issued by the general administration department said that meetings should not be called on verbal orders and subordinates should be respected.

Karnataka asks State-run temples to perform cow puja for Diwali

Karnataka asks State-run temples to perform cow puja for Diwali

Rediff.com20 Oct 2022

The Karnataka government has asked all State-run temples to organise 'Gou puja' (cow worship) on October 26 in view of 'Balipadyami', as part of the Deepavali festivities, with an intention to "protect and nurture" this ancient practice of the Sanatana Hindu Dharma.

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.

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.

'Slight mistake' in the circular forced BCCI to cancel meeting

'Slight mistake' in the circular forced BCCI to cancel meeting

Rediff.com2 Aug 2013

Board of Control for Cricket in India secretary Sanjay Patel has clarified that "a slight mistake" in the circular issued to summon Friday's Working Committee meeting in Delhi forced it to be called off.

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.

Amid row over Sanatan Dharma, Madras HC says it is...

Amid row over Sanatan Dharma, Madras HC says it is...

Rediff.com16 Sep 2023

Justice N Seshasayee said in his order on September 15 that the court is conscious of 'the very vociferous, and at time noisy debates on pro and anti Sanatan Dharma' and the court could not help pondering over with genuine concern for what is going around.

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.'

Supreme Court bar assn calls off meeting to discuss apology to CJI

Supreme Court bar assn calls off meeting to discuss apology to CJI

Rediff.com15 Mar 2023

The executive committee of the Supreme Court Bar Association (SCBA) on Wednesday decided to call off the general body meeting scheduled for March 16 to vote on resolutions seeking explanation from senior advocates Kapil Sibal and Neeraj Kishan Kaul for apologising to CJI DY Chandrachud on behalf of the bar body.

What's biggest challenge in Chandrayaan-3's landing on Moon?

What's biggest challenge in Chandrayaan-3's landing on Moon?

Rediff.com21 Aug 2023

The space strategist said that this shows that one should not take anything for granted in space exploration.

Buyer Liable To Pay EMI To Builder

Buyer Liable To Pay EMI To Builder

Rediff.com6 Feb 2023

A National Commission order held that the buyer was the borrower and so the bank was entitled to demand the EMI payments from him.

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.

I will win one Olympic medal, then only I'll retire: Dipa

I will win one Olympic medal, then only I'll retire: Dipa

Rediff.com5 Dec 2023

Having missed the World Championships in Belgium in October, Karmakar has a tough road ahead of her to qualify for the Paris Olympics 2024, but she wanted to stay positive and focus on her training.

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.

BSE, NSE to remain closed on Jun 29 on account of Bakrid

BSE, NSE to remain closed on Jun 29 on account of Bakrid

Rediff.com27 Jun 2023

Leading bourses BSE and NSE and money markets will remain closed on Thursday on account of Eid al-Adha also known as Bakrid. Earlier, the holiday was scheduled for June 28. The markets are now open on Wednesday. The change came after the Maharashtra government declared June 29 a public holiday as the festival of Bakrid falls on this day instead of June 28 declared earlier.

Sebi asks investors to link PAN with Aadhaar by March 31

Sebi asks investors to link PAN with Aadhaar by March 31

Rediff.com8 Mar 2023

Capital markets regulator Sebi on Wednesday asked all investors to link their PAN with Aadhaar number by March-end for continual and smooth transactions in the securities market. The non-compliance with this would be considered non-KYC compliant, and there could be restrictions on securities and other transactions until the Permanent Account Number (PAN) and Aadhaar are linked, Sebi said in a statement.

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.

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.

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.

NSE makes fresh attempt to settle TAP regulatory investigation

NSE makes fresh attempt to settle TAP regulatory investigation

Rediff.com20 Jul 2023

The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse. The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022. "NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi.

Bank Liable For Employee Oversight

Bank Liable For Employee Oversight

Rediff.com5 Jan 2024

The Commission concluded that the bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai.

Govt declares Canada-based Babbar Khalsa's Lakhbir Singh Landa as terrorist

Govt declares Canada-based Babbar Khalsa's Lakhbir Singh Landa as terrorist

Rediff.com30 Dec 2023

Landa currently resides in Edmonton, the capital of Alberta in Canada, and is a member of Babbar Khalsa International.

Shippers Are Worried About Red Sea Attacks

Shippers Are Worried About Red Sea Attacks

Rediff.com26 Dec 2023

'If attacks escalate, there is a risk the Suez Canal may be closed.'

BSE, NSE put NDTV under short-term 'surveillance' framework

BSE, NSE put NDTV under short-term 'surveillance' framework

Rediff.com29 May 2023

Leading bourses BSE and NSE will put the securities of NDTV, an Adani Group company, under the short-term ASM framework from Tuesday. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. New Delhi Television Ltd (NDTV) is shortlisted in the short-term Additional Surveillance Measure (ASM) framework Stage-I effective from May 30, the National Stock Exchange (NSE) and BSE said in two separate circulars on Monday.

Nitish all set to quit, Bihar to get new govt on Sunday: Source

Nitish all set to quit, Bihar to get new govt on Sunday: Source

Rediff.com27 Jan 2024

Bihar Chief Minister Nitish Kumar on Saturday appeared all set to make his second political volte face in less than three years, with a highly-placed source close to Kumar saying that the Janata Dal-United president is likely to tender his resignation by Sunday morning.

'Lochab violated WFI constitution, demand for nationals' postponement an attempt to stop wrestling'

'Lochab violated WFI constitution, demand for nationals' postponement an attempt to stop wrestling'

Rediff.com23 Dec 2023

Prem Chand Lochab's election to secretary general's post is in violation of WFI's constitution and he is now preventing the growth of wrestling in the country by demanding a postponement of the junior Nationals, said Darshan Lal, who had lost to him in the recent polls, on Saturday.

Why has Mahadev app not been shut, Baghel asks Modi

Why has Mahadev app not been shut, Baghel asks Modi

Rediff.com4 Nov 2023

'In Amit Shah's words, understand the chronology. The PM comes, the home minister comes and before that, the ED comes and then arrests (accused person) from a hotel. What was the Election Commission doing? How money reached here'

Maharashtra's Tulja Bhavani temple bans 'indecent' dress, does U-turn

Maharashtra's Tulja Bhavani temple bans 'indecent' dress, does U-turn

Rediff.com18 May 2023

The decision has been taken to maintain the sanctity of the religious place, he said.