News for 'Consumer Affairs Ministry'

Post COVID-19: 'IT industry will emerge stronger'

Post COVID-19: 'IT industry will emerge stronger'

Rediff.com10 Apr 2020

'We have to plan for whatever the new normal is.'

Nitish retains home; Dy CMs get finance, industry

Nitish retains home; Dy CMs get finance, industry

Rediff.com17 Nov 2020

A 14-member council of ministers was sworn in Patna by Governor Phagu Chauhan on Monday and the BJP bagged seven berths.

Has Mallya slipped the net of ED and CBI?

Has Mallya slipped the net of ED and CBI?

Rediff.com12 May 2016

Mallya might continue to elude ED, CBI interrogation in the short term but could still be extradited to India

113 per cent surge in corruption complaints: CVC

113 per cent surge in corruption complaints: CVC

Rediff.com2 Sep 2013

There has been a quantum jump in the number of complaints of corruption received by the Central Vigilance Commission last year as against those in 2011.

Decision likely soon on spot exchanges' regulator

Decision likely soon on spot exchanges' regulator

Rediff.com5 Aug 2013

In most developed markets, there are reporting agencies for spot markets and generally deals took place on the over-the-counter market.

The Importance Of Nancy Pelosi

The Importance Of Nancy Pelosi

Rediff.com3 Aug 2022

Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.

Centre cracks down on food prices

Centre cracks down on food prices

Rediff.com22 May 2016

Recommends delisting of chana futures, open to lowering sugar import duty

Pros & cons of allowing FIIs to trade on Indian commodity bourses

Pros & cons of allowing FIIs to trade on Indian commodity bourses

Rediff.com2 Jan 2015

The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.

'Swadeshi' goods: Paramilitary canteens put procurement on hold '

'Swadeshi' goods: Paramilitary canteens put procurement on hold '

Rediff.com20 May 2020

The Union home ministry on May 13 had declared that these canteens will only sell indigenous or "swadeshi" products from June 1 in a bid to give fillip to domestic industries.

For the forth straight day, Congress disrupts RS business

For the forth straight day, Congress disrupts RS business

Rediff.com11 Dec 2015

Because of the protest, Congress member Bhaskar Rapolu even refused to lay the Report of the Parliamentary Standing Committee on Energy.

Walmart-Flipkart negotiations enter final lap

Walmart-Flipkart negotiations enter final lap

Rediff.com4 May 2018

Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding

Why replacing branded drugs with generics won't be easy

Why replacing branded drugs with generics won't be easy

Rediff.com25 May 2017

Mandatory prescription of generic names is not a complete solution. Rather, in the absence of a range of approaches, it could mean passing the choice of selecting a drug from a doctor to a pharmacist, says Chandrakant Lahariya.

Cash withdrawal limits likely to continue

Cash withdrawal limits likely to continue

Rediff.com15 Dec 2016

Cash withdrawal limits likely to continue

Do you know how many Indians are jailed abroad?

Do you know how many Indians are jailed abroad?

Rediff.com20 Mar 2015

A map showing the number of Indians lodged in jails around the world, based on information from the Ministry of External Affairs.

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

Rediff.com7 Dec 2021

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.

'They should have asked students to get out of Ukraine weeks ago'

'They should have asked students to get out of Ukraine weeks ago'

Rediff.com7 Mar 2022

'An ambassador may not be sure whether there would be a war next month, but prudence requires him to take action to see to it that people leave early.' 'Because once the war starts, it will be very difficult to move out.'

Sensex swings over 600 points; finally settles lower at 35,905

Sensex swings over 600 points; finally settles lower at 35,905

Rediff.com27 Feb 2019

In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.

Scramble for supplies marks Day 1 of lockdown

Scramble for supplies marks Day 1 of lockdown

Rediff.com26 Mar 2020

Long queues outside grocery stores, inflated prices, difficulty in getting important items -- these were some of the problems encountered by people in the National Capital Region (NCR).

Small brands make big impact amid lockdown

Small brands make big impact amid lockdown

Rediff.com19 Apr 2020

Data from market research agency Nielsen shows that 152 new players entered the hygiene market in March as the lockdown was implemented to contain the spread of the coronavirus disease. The trend is expected to continue, the agency says, as hygiene and health emerge as key themes.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

Rs 1,300-cr cooking gas dole likely to be part of interim Budget

Rs 1,300-cr cooking gas dole likely to be part of interim Budget

Rediff.com14 Feb 2014

Although the future of Direct Benefits Transfer (DBT) on liquefied petroleum gas (LPG) is uncertain for now, the upcoming vote-on-account is likely to account for about Rs 1,300 crore that was transferred to the bank accounts of customers in the form of subsidy.

How NSEL scam derailed commodity market in 2013

How NSEL scam derailed commodity market in 2013

Rediff.com25 Dec 2013

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.

National Spot Exchange payment crisis fears ebb

National Spot Exchange payment crisis fears ebb

Rediff.com3 Aug 2013

After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.

FinMin finds RBI a tough nut to crack

FinMin finds RBI a tough nut to crack

Rediff.com12 Jun 2017

North Block and Mint Road seem likely to now stick to the earlier convention of the RBI governor coming to Delhi and being the only MPC member meeting the finance minister and senior bureaucrats on pre-policy meetings

Monsoon: Damage control begins

Monsoon: Damage control begins

Rediff.com4 Jun 2015

The government will announce minimum support prices for kharif.

Finmin pins hope on vaccine drive for robust recovery in services sector

Finmin pins hope on vaccine drive for robust recovery in services sector

Rediff.com11 Feb 2021

FY22 will be the year to rebuild with the IMF projecting output growth at 11.5 per cent, economic survey at 11.0 per cent and the RBI's Monetary Policy Committee at 10.5 per cent.

Dairy farmers' stir: Milk may be introduced in mid-day meal

Dairy farmers' stir: Milk may be introduced in mid-day meal

Rediff.com18 Jul 2018

By official estimates, the country has a surplus of 300,000 tonnes of milk powder, which has led to dairies and other bulk buyers cutting liquid milk purchase thus affecting its price.

Customers in limbo as banks, RBI thrash out differences

Customers in limbo as banks, RBI thrash out differences

Rediff.com30 Aug 2021

The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.

By 2016, biometrics to plug PDS leakages

By 2016, biometrics to plug PDS leakages

Rediff.com18 Nov 2015

There are about 500,000 fair price shops in states and UTs combined.

Insolvency rules tweaked, help is at hand for home buyers

Insolvency rules tweaked, help is at hand for home buyers

Rediff.com10 Oct 2017

With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals.

Govt bans 118 Chinese mobile apps, including PUBG

Govt bans 118 Chinese mobile apps, including PUBG

Rediff.com2 Sep 2020

The banned apps include Baidu, Baidu Express Edition, Tencent Watchlist, FaceU, WeChat Reading and Tencent Weiyun, besides PUBG Mobile and PUBG Mobile Lite, according to an official statement.

'2022 will be blockbuster year for films'

'2022 will be blockbuster year for films'

Rediff.com19 Aug 2021

'We will see footfall returning to pre-COVID levels by January.'

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

Flood-ravaged Kerala's wait for full central aid could be long

Flood-ravaged Kerala's wait for full central aid could be long

Rediff.com26 Aug 2018

After the initial release of funds, the central government follows certain rules and guidelines before awarding the final aid to any state for a natural calamity.

Day after drub, ministers cagey on social media

Day after drub, ministers cagey on social media

Rediff.com10 Nov 2015

Most, save Jaitley and Venkaiah Naidu, were silent on Bihar polls; it was business as usual for the PM.

Modi sarkar's Operation Clean Sweep

Modi sarkar's Operation Clean Sweep

Rediff.com1 Oct 2014

Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.

Subsidised LPG cylinder quota to be hiked to 12

Subsidised LPG cylinder quota to be hiked to 12

Rediff.com17 Jan 2014

With Congress party vice president Rahul Gandhi making a strong pitch for raising LPG cap, Oil Minister M Veerappa Moily on Friday said the quota of subsidised cooking cylinders will be hiked to 12 from 9 per household.

Gold imports surge in November, but 70% lie unused

Gold imports surge in November, but 70% lie unused

Rediff.com10 Dec 2016

Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.

A Challenging US Visit for Modi

A Challenging US Visit for Modi

Rediff.com27 Sep 2021

This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.

BJP bids to win 2019 polls on PM's 'pro-poor' image

BJP bids to win 2019 polls on PM's 'pro-poor' image

Rediff.com15 May 2017

According to BJP strategists, PMJAY and the PM Ujjwala Yojana will form the nucleus of the Modi government's re-election campaign.