News for 'Consumer Affairs Ministry'

BJP has little room or need for others

BJP has little room or need for others

Rediff.com10 Nov 2014

Narendra Modi's ministry expansion makes disdain clear for others who are supposedly allies, quite unlike the Vajpayee-led National Democratic Alliance.

Reliance to hold its first-ever virtual AGM on July 15

Reliance to hold its first-ever virtual AGM on July 15

Rediff.com22 Jun 2020

In a regulatory filing, Reliance -- the country's most valuable company - said, 'The 43rd AGM will be held on Wednesday, July 15, 2020 at 2 pm though video conferencing / other audio-visual means.'

'Why would Shiv Sena target Kangana Ranaut?'

'Why would Shiv Sena target Kangana Ranaut?'

Rediff.com11 Sep 2020

'There was no fight between the Shiv Sena and her.' 'But if she is still targeting the Shiv Sena, then only she can talk about the reason behind it.'

PMO in overdrive as Modi's ministers hit pause button

PMO in overdrive as Modi's ministers hit pause button

Rediff.com10 Sep 2014

Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.

Sitharaman reviews state of economy with regulators

Sitharaman reviews state of economy with regulators

Rediff.com7 Nov 2019

The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.

Govt cancels visas of all foreign nationals travelling from China

Govt cancels visas of all foreign nationals travelling from China

Rediff.com6 Feb 2020

In the travel advisory, the Health Ministry again asked people to refrain from travelling to China in view of the coronavirus outbreak in its Hubei province and said travellers on return from the neighbouring country could be quarantined.

PM Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties

PM Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties

Rediff.com29 Oct 2019

Prime Minister Modi arrived in Riyadh late Monday night on a two-day visit to Saudi Arabia to participate in the high-profile financial summit Future Investment Initiative, dubbed "Davos in the desert", an initiative of Saudi Crown Prince Mohammed bin Salman.

Virtual currencies are like Ponzi schemes: Finmin warns investors

Virtual currencies are like Ponzi schemes: Finmin warns investors

Rediff.com29 Dec 2017

Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

Rediff.com16 Sep 2013

IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.

Arvind Subramanian's GDP claim has stirred up a hornet's nest

Arvind Subramanian's GDP claim has stirred up a hornet's nest

Rediff.com12 Jun 2019

Subramanian's paper comes at a time when concerns have been raised in various quarters about the official economic growth numbers. The Economic Advisory Council-PM said the Base Year of India's income calculations were shifted to 2011-12 on the basis of recommendations of several committees with experts in national income accounting.

Religious minorities in India felt increasingly vulnerable in 2017: US report

Religious minorities in India felt increasingly vulnerable in 2017: US report

Rediff.com30 May 2018

The report states that while the national government sometimes spoke out against incidents of violence, local political leaders often did not, and at times made public remarks that individuals could interpret as condoning violence.

In China, Modi to push for expediting industrial parks

In China, Modi to push for expediting industrial parks

Rediff.com12 May 2015

Beijing wants assurance that its investments won't come under scrutiny

'Essential goods' classification puts e-commerce cos in a tizzy

'Essential goods' classification puts e-commerce cos in a tizzy

Rediff.com26 Mar 2020

'It is unclear whether clothing or home items qualify as essential items. A lot of professionals are working from home, and they need electronics for their productivity. Does this qualify as essential?'

E-commerce firms ride Make in India to reach rural markets

E-commerce firms ride Make in India to reach rural markets

Rediff.com18 Apr 2016

Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.

What Brought Economy to Its Knees

What Brought Economy to Its Knees

Rediff.com12 Aug 2021

A combination of demonetisation, a poorly and hurriedly implemented GST, and more recently the "botched up" lockdown of the economy to control the spread of Covid has brought the economy to its knees.

Has Modi Sarkar delivered on Budget 2014?

Has Modi Sarkar delivered on Budget 2014?

Rediff.com4 Feb 2019

Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.

Chocolates no more milk products

Chocolates no more milk products

Rediff.com30 Sep 2004

Why RBI should have cut rates

Why RBI should have cut rates

Rediff.com6 Oct 2017

A cut in rates would have encouraged the banks to lend aggressively on the retail front.

FM cancels pre-Budget talks

FM cancels pre-Budget talks

Rediff.com12 Dec 2002

Lalit Modi resigned from 6 firms ahead of passport revocation

Lalit Modi resigned from 6 firms ahead of passport revocation

Rediff.com22 Jun 2015

Five of these have wound up since, according to records of the Ministry of Corporate Affairs

PNB fraud: 'Probability of bank scams is much higher in PSBs'

PNB fraud: 'Probability of bank scams is much higher in PSBs'

Rediff.com19 Feb 2018

The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

ATM transaction charges may rise

ATM transaction charges may rise

Rediff.com19 Feb 2019

Interchange fee is the amount charged by ATM operators for every transaction.

E-commerce draft policy plugs gifting loophole for foreign sites

E-commerce draft policy plugs gifting loophole for foreign sites

Rediff.com5 Mar 2019

Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.

Electronics industry faces BIS certification challenge

Electronics industry faces BIS certification challenge

Rediff.com18 Jun 2013

Bureau has registered just one product so far despite 1,500 applications.

Veg oil import may fall first time in 6 years

Veg oil import may fall first time in 6 years

Rediff.com24 Mar 2017

Oilseed output to surpass its previous record of 32.75 mt in 2013-14 to 33.59 mt this year

Black money: 300 accounts in HSBC list have no cash!

Black money: 300 accounts in HSBC list have no cash!

Rediff.com6 Nov 2014

The SIT found and reported that there was no amount shown in almost 289 HSBC Geneva entries, while 122 of them were repeated twice in the same list.

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

Rediff.com24 Jan 2020

Sources said much has been done to ease the tax burden of the middle classes in the last five years, and that such a measure affects only a limited segment of people when the focus should be to put money in rural areas. Archis Mohan reports.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

Delhi starvation deaths: Girls had no food for 8-9 days, say docs

Delhi starvation deaths: Girls had no food for 8-9 days, say docs

Rediff.com26 Jul 2018

Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.

TaxiForSure to raise $100 mn, to expand to 100 cities

TaxiForSure to raise $100 mn, to expand to 100 cities

Rediff.com15 Jan 2015

The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.

RBI policy endorses government estimates on growth, inflation

RBI policy endorses government estimates on growth, inflation

Rediff.com7 Jun 2016

RBI said more monetary transmission to support growth continues to be critical.

With GST on agenda, Monsoon Session from July 18

With GST on agenda, Monsoon Session from July 18

Rediff.com29 Jun 2016

The session will have 20 working days for now.

Dealing with bitcoins? Do so at your own risk

Dealing with bitcoins? Do so at your own risk

Rediff.com14 Dec 2017

Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.

NSEL confident of settling dues ahead of schedule

NSEL confident of settling dues ahead of schedule

Rediff.com19 Aug 2013

Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.

No change on gas price hike decision: Moily

No change on gas price hike decision: Moily

Rediff.com11 Jul 2013

Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerapa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014.

Hyderabad woman vet raped, killed; 4 arrested

Hyderabad woman vet raped, killed; 4 arrested

Rediff.com30 Nov 2019

Chief Minister K Chandrashekar Rao's son and Municipal Administration Minister K T Rama Rao said he would 'personally monitor the case'.

Profit on diesel sale swells to Rs 1.90/litre

Profit on diesel sale swells to Rs 1.90/litre

Rediff.com1 Oct 2014

Profit on sale of diesel swelled to Rs 1.90 per litre as oil ministry awaits return of Prime Minister Narendra Modi to cut rates.

Apple's India growth @ 6-year low

Apple's India growth @ 6-year low

Rediff.com13 Dec 2017

Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.