News for 'Circular'

Article 370: Gupkar parties hope for favourable verdict

Article 370: Gupkar parties hope for favourable verdict

Rediff.com10 Dec 2023

The Bharatiya Janata Party said that there should not be any politics on the Supreme Court ruling and everyone should respect it.

Tussle between Nitish govt, Bihar Guv over appointment of VCs escalates

Tussle between Nitish govt, Bihar Guv over appointment of VCs escalates

Rediff.com23 Aug 2023

The ongoing tussle between the Nitish Kumar government and the Raj Bhavan further escalated with the Bihar education department inviting applications for the post of vice-chancellors (VC) in different universities days after Governor (Chancellor) Rajendra Vishwanath Arlekar's secretariat issued a similar advertisement.

Happy Days Are Back For Lalu's Clan

Happy Days Are Back For Lalu's Clan

Rediff.com11 Aug 2022

'It is bustling with activity. This is after years,' observes a security person near the big iron main gate at 10, Circular Road.

SC bar association wants Sibal, Kaul to explain apology to CJI

SC bar association wants Sibal, Kaul to explain apology to CJI

Rediff.com9 Mar 2023

The Supreme Court Bar Association (SCBA) will convene its special GBM on March 16 to consider resolutions seeking explanation from senior advocates Kapil Sibal and Neeraj Kishan Kaul for apologising to the top court after a heated exchange of words between the Chief Justice of India and SCBA president Vikas Singh last week on allotment of land at 'Appu Ghar' for lawyers' chambers.

Journalist-activist Aakar Patel stopped at airport from flying to US

Journalist-activist Aakar Patel stopped at airport from flying to US

Rediff.com6 Apr 2022

Patel said that he was prevented from travelling to the US despite a Gujarat court order granting him permission "specifically" for the said trip.

K'taka imposes 7-day home quarantine for flyers from high-risk nations

K'taka imposes 7-day home quarantine for flyers from high-risk nations

Rediff.com1 Jan 2023

The government decided to enhance surveillance and containment effort within the state by tracking and quarantining the primary and secondary contacts of the COVID-positive persons.

Market structure to face shorter IPO timeline test: Industry players

Market structure to face shorter IPO timeline test: Industry players

Rediff.com18 Aug 2023

The shift to a shorter T+3 settlement cycle for initial public offerings (IPOs) will be a big test of the domestic market structure, requiring players in the ecosystem to work harder to meet the squeezed timelines, according to industry insiders. The Securities and Exchange Board of India (Sebi), has announced that the transition to the T+3 cycle will be voluntary starting next month and mandatory from December 1. The new mechanism will necessitate quicker confirmations from banks and speedy verification of permanent account numbers (PANs) for all applicants.

Govt to consider PLI scheme for chemical and petrochemical industry: FM

Govt to consider PLI scheme for chemical and petrochemical industry: FM

Rediff.com27 Jul 2023

Finance Minister Nirmala Sitharaman on Thursday said the government will consider the Production Linked Incentive (PLI) scheme for Chemicals and Petrochemicals sector to make India a manufacturing hub for such products. In view of stringent pollution control regulations and rising labour cost, she said, global manufacturers in the chemical industry are looking at diversifying their products and production capability and India stands out as an alternative destination for manufacturing. Besides, India offers a large domestic market, she said while addressing the third edition of the summit on 'Global Chemicals and Petrochemicals Manufacturing Hubs in India'.

SC can't be used as platform to escalate tension in Manipur: CJI

SC can't be used as platform to escalate tension in Manipur: CJI

Rediff.com10 Jul 2023

The SC said at most it can give directions to the authorities to make the situation better and for that it needs assistance of different groups and positive suggestions.

DGCA tells airlines how to handle unruly passengers

DGCA tells airlines how to handle unruly passengers

Rediff.com6 Jan 2023

The guidelines come in the wake of back-to-back two urination incidents on Air India flights last year.

Sahastra Seema Bal frowns on WhatsApp, Truecaller use by troops

Sahastra Seema Bal frowns on WhatsApp, Truecaller use by troops

Rediff.com3 Mar 2022

Officials said on Thursday that the force recently issued a circular also asking its troops and other staff to avoid sharing official orders on WhatsApp and desist from discussing and sharing operational matters over social media.

Many cases may have to be reopened after SC ruling on borrowers' voice

Many cases may have to be reopened after SC ruling on borrowers' voice

Rediff.com4 Apr 2023

The Supreme Court's decision to allow borrowers a chance to be heard before their accounts are flagged as fraudulent by lenders is expected to result in several cases being reopened where the borrower is aggrieved because of such classification, bankers said. Still, the reopening of cases would not be automatic. A borrower who is aggrieved by the 'fraud' classification will have to approach the bank and consequently, the bank will take the necessary steps so that the apex court's order is followed in letter and spirit, they said.

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

Court issues fresh summons to BBC, Wikimedia, US library over documentary row

Court issues fresh summons to BBC, Wikimedia, US library over documentary row

Rediff.com8 Jul 2023

They said according to the Hague Convention, the service upon a foreign entity had to be served through the prescribed rules.

ISRO to launch Chandrayaan 3 with new launch vehicle LVM-3 on July 14

ISRO to launch Chandrayaan 3 with new launch vehicle LVM-3 on July 14

Rediff.com6 Jul 2023

The Indian Space Research Organisation (ISRO) on Thursday announced that its lunar mission Chandrayaan-3 will be launched on July 14 from the space port at Sriharikota in Andhra Pradesh.

SC cancels LOC against TMC's Abhishek Banerjee, wife

SC cancels LOC against TMC's Abhishek Banerjee, wife

Rediff.com28 Jul 2023

The Supreme Court on Friday ordered withdrawal of the Look Out Circular (LOC) issued against Trinamool Congress MP Abhishek Banerjee and his wife Rujira in connection with the money laundering cases against them linked to an alleged coal smuggling scam in West Bengal.

Bihar govt provides 'Z-plus' security to Tejashwi

Bihar govt provides 'Z-plus' security to Tejashwi

Rediff.com12 Aug 2022

Governor Phagu Chauhan and Chief Minister Nitish Kumar have also been provided with 'Z-plus' security.

How To Invest In Gold, Silver?

How To Invest In Gold, Silver?

Rediff.com22 Dec 2023

Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.

Aakar Patel stopped at airport again despite court order

Aakar Patel stopped at airport again despite court order

Rediff.com8 Apr 2022

The court on Thursday directed the CBI to withdraw a Look-Out Circular issued against Patel in a case of an alleged violation of the Foreign Contributions Regulation Act and apologise to him.

Nitish's Red Roses For Lalu

Nitish's Red Roses For Lalu

Rediff.com18 Aug 2022

Chief Minister Nitish Kumar walked to 10, Circular Road, from his home at 1, Aney Marg to meet his old comrade-turned political adversary-turned ally.

'Supreme Court verdict on Article 370 is a missed opportunity'

'Supreme Court verdict on Article 370 is a missed opportunity'

Rediff.com11 Jan 2024

'On hard cases like this one, the Supreme Court has only episodically stood against Parliament and the executive government.' 'I worry that this decision sets a precedent where President's rule is imposed in another state... and during the operation of President's rule, the state is fundamentally altered.'

SC protection for filmmaker Leena Manimekalai in goddess Kaali poster row

SC protection for filmmaker Leena Manimekalai in goddess Kaali poster row

Rediff.com20 Jan 2023

The Supreme Court on Friday granted interim protection from coercive action to filmmaker Leena Manimekalai in connection with FIRs registered against her in various states over a controversial poster of her upcoming documentary film showing goddess Kaali smoking a cigarette.

Deboard flyers who refuse to wear face mask in plane: DGCA to airlines

Deboard flyers who refuse to wear face mask in plane: DGCA to airlines

Rediff.com8 Jun 2022

Besides, airport operators must take help of the local police and security agencies and levy fines on people not wearing face masks, the DGCA said in a circular.

Noida: Ex-IIS officer kills lawyer wife over property

Noida: Ex-IIS officer kills lawyer wife over property

Rediff.com11 Sep 2023

A 61-year-old lawyer suffering from cancer was found dead inside her house in Noida in a posh locality, with the police Monday arresting her former Indian Information Service (IIS) officer husband and charged him with the murder.

Brokers body seeks three-month extension from Sebi for KYC validation

Brokers body seeks three-month extension from Sebi for KYC validation

Rediff.com17 May 2023

Brokers have requested for a three-month extension from the Securities and Exchange Board of India (Sebi) for the validation of Know Your Client (KYC) records. In a letter to Sebi, industry body -- Association of National Exchanges Members of India (Anmi) -- has cited various issues and concerns raised by its members that have hampered the smooth completion of the validation process within the stipulated timeline. The Sebi circular had given KYC Registration Agencies (KRAs) a timeline of 180 days, ending on April 30, 2023, to validate client KYCs.

Why Is The Modi Sarkar Mum On The Security Breach?

Why Is The Modi Sarkar Mum On The Security Breach?

Rediff.com19 Dec 2023

Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.

IPOs: Sebi streamlines payment process via UPI

IPOs: Sebi streamlines payment process via UPI

Rediff.com20 Apr 2022

Capital markets regulator Sebi on Wednesday streamlined the payment of processing fee through the Unified Payments Interface (UPI) system for shares applied for and allotted during an initial public offering (IPO). In addition, the regulator has devised a new reporting format for capturing the data of all ASBA (Application Supported by Block Amount) applications unblocked by Self Certified Syndicate Banks (SCSBs) and their corresponding date of actual unblock. The new format has been put in place after reviewing the performance of SCSBs on timely unblocking of application amounts and feedback received from market intermediaries, Sebi said in a circular.

Will Tata Steel's global stride with new deal aid profitability?

Will Tata Steel's global stride with new deal aid profitability?

Rediff.com21 Nov 2023

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.

Want To Opt For EPF-EPS Joint Scheme?

Want To Opt For EPF-EPS Joint Scheme?

Rediff.com2 Mar 2023

Before opting for this scheme, consider how EPS is calculated.

Army-run school in J-K stokes row over hijab diktat, amends order after protests

Army-run school in J-K stokes row over hijab diktat, amends order after protests

Rediff.com27 Apr 2022

An Army-run school in Baramulla district has stoked a controversy by asking its staff to avoid wearing the hijab during school hours, prompting criticism from Jammu and Kashmir's mainstream political parties.

World entering a highly disruptive green energy era, says Mukesh Ambani

World entering a highly disruptive green energy era, says Mukesh Ambani

Rediff.com7 Aug 2023

Reliance Industries (RIL's) annual report released on Sunday highlighted the company's focus on new energy solutions, with chairman and managing director (MD) Mukesh Ambani stating that the age of fossil fuels will not continue much longer. RIL has sought shareholders' approval to give Ambani another five-year term as MD till 2029 at nil salary. The recently demerged Jio Financial Services, which "will leverage the prowess of digital and retail businesses", was expected to be listed soon.

Banks, trade bodies urged to push cross-border rupee trade

Banks, trade bodies urged to push cross-border rupee trade

Rediff.com7 Sep 2022

Reserve Bank and the finance ministry on Wednesday asked top management of banks and representative of trade bodies to push exports and import transactions in rupee. It was stressed during a meeting that banks should connect with their foreign counterparts for opening special rupee vastro accounts to facilitate cross-border trade in Indian currency rather than popular mode dollar, sources said. Trade associations and their foreign trading partners should explore opportunities to make use of the framework, sources added.

Recipe: BBQ Veggies, Chicken And Pineapple

Recipe: BBQ Veggies, Chicken And Pineapple

Rediff.com18 Jul 2023

Throwing a BBQ party for family and friends? It's time to take detailed notes from the Mehrotras.

After killing wife, ex-IIS officer hid in store room

After killing wife, ex-IIS officer hid in store room

Rediff.com12 Sep 2023

As dramatic as it gets, but a former Indian Information Service (IIS) officer kept hiding inside a store room for more than 10 hours after killing his wife even as police teams along with a dog squad searched his property.

In debate over NPS and EPFO returns, one retirement fund edges ahead

In debate over NPS and EPFO returns, one retirement fund edges ahead

Rediff.com12 Jun 2023

If you work for 30 years, a two per cent difference in pension returns can reduce your final retirement nest egg by 40 per cent. The Rs 9-trillion National Pension System (NPS) seems to be delivering incrementally higher returns than the twice-as-large Employees' Provident Fund Organisation (EPFO), shows a Business Standard analysis of data over the last seven years for the two retirement fund bodies. An investor who put in Rs 100 in retirement savings seven years ago would have seen her NPS nest egg grow to Rs 182 by 2023, according to the analysis based on the Pension Fund Regulatory and Development Authority's recently released Handbook of National Pension System Statistics 2023.

Recipe: Mayur's Ragi Dosa

Recipe: Mayur's Ragi Dosa

Rediff.com17 May 2023

Make the ragi batter in advance and store it in the refrigerator. It comes handy when you're short of time in the kitchen.

ISRO succeeds in placing PSLV's 4th stage rocket in lower orbit

ISRO succeeds in placing PSLV's 4th stage rocket in lower orbit

Rediff.com30 Jul 2023

While the mission is a follow-up to the PSLV-C55 TeLEOS-2 mission launched in April this year, scientists in Sunday's mission will place the fourth stage of the PSLV rocket in a lower orbit.

Aakar Patel sues CBI for contempt as agency challenges relief

Aakar Patel sues CBI for contempt as agency challenges relief

Rediff.com8 Apr 2022

The Central Bureau of Investigation on Friday approached a Delhi court seeking revision of its order directing the agency to withdraw a Look Out Circular issued against Aakar Patel even as the activist filed a contempt plea against the agency, stating that he was not allowed to leave the country once again despite the court's order.

2000 Notes: What RBI Learnt From 2016

2000 Notes: What RBI Learnt From 2016

Rediff.com19 Oct 2023

The communication was clear, transparent and worded in a manner that did not induce any fear in the minds of the people, point out A K Bhattacharya.

State has duty to recognise queer unions, says CJI Chandrachud

State has duty to recognise queer unions, says CJI Chandrachud

Rediff.com18 Oct 2023

Chief Justice of India D Y Chandrachud on Tuesday said the State has an obligation to recognise unions entered into by queer couples and grant them benefit under the law.