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.

After facing flak over 'no Malayalam' diktat, Delhi hospital revokes order

After facing flak over 'no Malayalam' diktat, Delhi hospital revokes order

Rediff.com6 Jun 2021

The circular issued on Saturday read, "A complaint has been received regarding Malayalam language being used for communication in working places in GIPMER. Whereas maximum patients and colleagues do not know this language and feel helpless causing a lot of inconvenience."

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.

Bourses step up scrutiny of investors from Sikkim

Bourses step up scrutiny of investors from Sikkim

Rediff.com10 Aug 2022

Stock exchanges have increased scrutiny of investors domiciled in Sikkim, following reports of illegal routing of investments through the Northeast state to evade taxes. The National Stock Exchange (NSE) has directed its trading members (brokers) to re-verify and certify investors who have declared their permanent address as Sikkim. Further, brokers have been told to maintain a vigil on the location of devices used by Sikkim-based clients for trading to ensure these are genuine investors from the region.

Four judges, 5% of SC staff test positive for Covid

Four judges, 5% of SC staff test positive for Covid

Rediff.com9 Jan 2022

Four Supreme Court judges and almost five per cent of its staff have tested positive for COVID-19, official sources said on Sunday, as the national capital witnesses a sharp spike in coronavirus cases.

Maharashtra imposes night curfew from Jan 10

Maharashtra imposes night curfew from Jan 10

Rediff.com8 Jan 2022

Tightening restrictions in the face of surging COVID-19 cases, the Maharashtra Government on Saturday prohibited movement in public in groups of five or more from 5 in the morning to 11 at night, effective January 10 midnight.

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.

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.

Suspension of international flights extended till 'further notice'

Suspension of international flights extended till 'further notice'

Rediff.com28 Feb 2022

The suspension of scheduled international passenger flights in the country has been extended "till further orders", aviation regulator DGCA said on Monday.

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.

Many countries interested in bilateral rupee trade: Sitharaman

Many countries interested in bilateral rupee trade: Sitharaman

Rediff.com13 Sep 2022

Finance Minister Nirmala Sitharaman on Tuesday said many countries have evinced interest for bilateral trade in the rupee after the RBI announced a mechanism recently. Speaking at Mindmine Summit 2022, she said this along with other steps taken by the government is towards full capital account convertibility. "It isn't the rouble-rupee which was in the old format. "Now this (bilateral rupee trade) formulation, which I am glad the RBI has come up at a time which was so critical," she said when asked if India is ready for capital account convertibility.

Omicron scare: Sri Lanka bans travellers from 6 southern African countries

Omicron scare: Sri Lanka bans travellers from 6 southern African countries

Rediff.com27 Nov 2021

Sri Lanka will ban entry to most travellers from six southern African countries from Sunday, after a potentially more contagious new coronavirus variant called Omicron was identified in South Africa earlier this week, healthcare authorities said in Colombo on Saturday.

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.

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.

May 3 is deadline for subscribers to opt for higher pension

May 3 is deadline for subscribers to opt for higher pension

Rediff.com27 Feb 2023

The Employees' Provident Fund Organisation (EPFO) on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2014, to contribute up to 8.33 per cent of their actual salaries - as against 8.33 per cent of pensionable salary capped at Rs 15,000 a month - towards pension. The apex court gave a four-month window to enable opting for higher pensions.

Actor Kamal R Khan arrested over 'defamatory' tweet

Actor Kamal R Khan arrested over 'defamatory' tweet

Rediff.com30 Aug 2022

Khan was nabbed from the Mumbai airport late Monday night after he arrived from Dubai.

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.

NSE, BSE remove 3 Adani group stocks from short-term surveillance

NSE, BSE remove 3 Adani group stocks from short-term surveillance

Rediff.com17 Mar 2023

The National Stock Exchange (NSE) and the BSE has announced that three Adani group companies -- Adani Enterprises, Adani Power and Adani Wilmar -- will move out of the short-term additional surveillance measure (ASM). The stocks will be excluded from the short-term ASM framework with effect from March 17, according to separate circulars available on the exchanges. The NSE and the BSE had put the three Adani group firms, including the flagship firm Adani Enterprises, under the ASM framework on March 8.

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.

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.

Rashtrapati Bhavan's Mughal Gardens renamed Amrit Udyan

Rashtrapati Bhavan's Mughal Gardens renamed Amrit Udyan

Rediff.com28 Jan 2023

The renaming of the stretch and other institutions is in line with the Centre's effort to remove any trace of colonial mindset, it has maintained.

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.

Gaya deaths: Army says no mortar shell was fired

Gaya deaths: Army says no mortar shell was fired

Rediff.com9 Mar 2023

According to a statement from Colonel Dushyant Singh Chauhan, the administrative commandant of Danapur Cantonment on the outskirts of the state capital, 'no clearance' was given for mortar firing at the Deuri Dumri firing range in Gaya.

Maha revises Covid curbs for beauty salons, gyms

Maha revises Covid curbs for beauty salons, gyms

Rediff.com9 Jan 2022

The Maharashtra government on Sunday revised the COVID-19-related restrictions for gyms and beauty salons, allowing them to operate at 50 per cent capacity from January 10 midnight.

Abhay's AMAZING Ganpati

Abhay's AMAZING Ganpati

Rediff.com9 Sep 2022

Abhay Gaikwad from Punawale, Pune, decided to do something special for Ganeshotsav this year.

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.

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.

India cancels international flights till Dec 31

India cancels international flights till Dec 31

Rediff.com26 Nov 2020

International scheduled flights, however, may be allowed on selected routes by the competent authority on a case-to-case basis, the circular added.

'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.'

AWESOME! Warina Wears Recyled PET Bottles

AWESOME! Warina Wears Recyled PET Bottles

Rediff.com13 Oct 2022

The Loveyatri actress demonstrated how to look stylish without harming Mother Earth.

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.

Colocation case: NSE receives Rs 300 crore from Sebi

Colocation case: NSE receives Rs 300 crore from Sebi

Rediff.com24 May 2023

The National Stock Exchange (NSE) has received Rs 300 crore from the Securities and Exchange Board of India (Sebi) following relief from the Supreme Court (SC), which is hearing an appeal by the market regulator in the colocation case. The court on March 20 asked Sebi to return Rs 300 crore to the NSE from the Rs 1,107 crore the exchange had deposited as part of the disgorgement in the case. The NSE had given an undertaking that it will return the entire amount to Sebi if the latter wins its appeal before the SC.

TDS rules: Online gaming bonus, incentives taxable if withdrawn, says CBDT

TDS rules: Online gaming bonus, incentives taxable if withdrawn, says CBDT

Rediff.com24 May 2023

The Central Board of Direct Taxes (CBDT) on Monday clarified that any deposit in the form of bonus or incentives credited in a user account will be considered net winnings, and subject to tax deduction, in case of withdrawal. If these are used only for playing, then it's not liable for tax deducted at source (TDS). Further, in case net winnings do not exceed Rs 100 a month, the applicable tax need not be deducted.

Udupi students say they will not go to college without hijab

Udupi students say they will not go to college without hijab

Rediff.com15 Mar 2022

Will not go to college without hijab: Udupi students

EC defers Bihar municipal polls after HC declares quotas for OBCs illegal

EC defers Bihar municipal polls after HC declares quotas for OBCs illegal

Rediff.com4 Oct 2022

The order that was passed less than a week ahead of the first phase of polls scheduled on October 10 throws a spanner in the election process.

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.

Future bleak: Biyani defaults on Rs 19.16 crore loan repayment

Future bleak: Biyani defaults on Rs 19.16 crore loan repayment

Rediff.com30 Mar 2022

Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 19.16 crore to Punjab National Bank, Canara Bank and Union Bank of India under the one-time restructuring plan. This is the second default by FEL this month. The due date for payment of Rs 19.16 crore was March 28, FEL said in a regulatory filing.

Uday Kotak will be non-executive board member in Kotak Mahindra Bank

Uday Kotak will be non-executive board member in Kotak Mahindra Bank

Rediff.com15 Jul 2023

Ahead of the end of his term as the Kotak Mahindra Bank's chief executive and managing director, Uday Kotak has said he will be a "non-executive board governance member and a strategic shareholder" going ahead. In the private sector lender's annual report, the last such message from him as the MD and CEO before he relinquishes the position at the end of 2023, Kotak reminisced about the institution's journey, pointing out that Rs 10,000 invested in 1985 is worth over Rs 300 crore today. "Going forward, I see my role as a non-executive board governance member and a strategic shareholder with a long term perspective of nurturing a world class institution," Kotak said in the annual report.

Cybersecurity norms for portfolio managers in place

Cybersecurity norms for portfolio managers in place

Rediff.com29 Mar 2023

Capital markets regulator Sebi on Wednesday came out with a cybersecurity framework for all portfolio managers having an asset base of at least Rs 3,000 crore. The new guidelines will come into force from October 1, 2023, the Securities and Exchange Board of India (Sebi) said in a circular. Under the framework, Sebi asked portfolio managers to report all cyber-attacks and breaches experienced by them within 6 hours of detecting such incidents.