News for 'Credit Association'

How NBFC crisis has hit India's textile industry

How NBFC crisis has hit India's textile industry

Rediff.com12 Jul 2019

Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.

33 of 95 BSE100 cos INCREASED CAPEX

33 of 95 BSE100 cos INCREASED CAPEX

Rediff.com4 Feb 2021

Acquisitions may have played a role in much of the increase.

Passenger sues Air India for personal data breach: What happens now?

Passenger sues Air India for personal data breach: What happens now?

Rediff.com14 Jul 2021

Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.

Airtel has capacity to withstand $5 bn AGR payout: Moody's

Airtel has capacity to withstand $5 bn AGR payout: Moody's

Rediff.com26 Feb 2020

Bharti recorded $5 billion liability for past-due AGR fees, but is still completing its self-assessment to determine the final amount.

Back to the wall, will Choksi still manage to pull off a trick or two?

Back to the wall, will Choksi still manage to pull off a trick or two?

Rediff.com12 Jun 2021

Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.

Jet Air may get Rs 500 cr interim funding from banks

Jet Air may get Rs 500 cr interim funding from banks

Rediff.com22 Feb 2019

Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.

Get ready to pay more for smartphones, calls

Get ready to pay more for smartphones, calls

Rediff.com2 Mar 2015

At present, 70% of the mobile handsets sold in India are imported.

Sops to exporters under MEIS may be extended till March 31

Sops to exporters under MEIS may be extended till March 31

Rediff.com22 Oct 2019

Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.

24 new ministers take oath in Gujarat, team Rupani out

24 new ministers take oath in Gujarat, team Rupani out

Rediff.com17 Sep 2021

Governor Acharya Devvrat administered the oath to 10 cabinet ministers and 14 ministers of state, including five ministers of state with independent charge.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

Auto dealers sceptical about signs of recovery

Auto dealers sceptical about signs of recovery

Rediff.com10 Sep 2020

Dealers say the significant increase in sales was driven by a need to plug the diminishing inventory as most dealerships were transitioning from BS-IV to BS-VI when the Covid-19 lockdown was announced.

Govt and the bogey of content regulation

Govt and the bogey of content regulation

Rediff.com13 Feb 2021

Even if it wants to censor what you read, watch, or consume, the amount of content online is so huge that it is physically impossible for any government to do it, notes Vanita Kohli-Khandekar.

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'

For first time in a month, Sensex posts weekly loss

For first time in a month, Sensex posts weekly loss

Rediff.com8 Jun 2019

Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.

Bank board picks Dinesh Khara as new SBI chairman

Bank board picks Dinesh Khara as new SBI chairman

Rediff.com29 Aug 2020

Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.

I don't have to stoop to conquer: Bedi hits back at Gambhir

I don't have to stoop to conquer: Bedi hits back at Gambhir

Rediff.com4 Aug 2019

Gautam Gambhir launched a scathing attack on Bishan Singh Bedi after Navdeep Saini's dream debut in international cricket.

Rahul Dravid vs Greg Chappell: The Untold Story

Rahul Dravid vs Greg Chappell: The Untold Story

Rediff.com8 Dec 2021

The only way for Dravid to sort out the mess was by forcing a showdown and getting Chappell removed as coach. That possibility was remote as Dravid neither had the ears of the BCCI nor was he the sort to confront knotty issues head on. A fascinating excerpt from Pradeep Magazine's Not Just Cricket: A Reporter's Journey through Modern India.

BCCI set to launch vaccination drive for cricketers

BCCI set to launch vaccination drive for cricketers

Rediff.com30 Jan 2021

'We are working on having the IPL in India and we are hopeful that we would be able to organise it'

What is the controversy over Powar's appointment, Raman's exit

What is the controversy over Powar's appointment, Raman's exit

Rediff.com14 May 2021

Raman was removed by Lal and Naik's CAC, which reinstated Ramesh Powar, who was removed from the same post in 2018.

Revisiting 1983 in Hindi Movies

Revisiting 1983 in Hindi Movies

Rediff.com27 Dec 2021

Kapil Dev's historic World Cup win wasn't the only highlight of 1983. Sukanya Verma looks back how the year treated Bollywood.

'Why India' to 'Why Not India': Modi on change his reforms have brought

'Why India' to 'Why Not India': Modi on change his reforms have brought

Rediff.com19 Dec 2020

Prime Minister Narendra Modi on Saturday hard sold his government's reforms spanning from manufacturing to taxation to labour, saying they have changed the world perception about the country from 'why India' to 'why not India' and went on to quote record foreign investment during the pandemic as a testimony to that. Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers. The reforms in the last six years have influenced in changing the sentiment of the industry from 'why India' to 'why not India' in investing.

Soccer PICS: Leicester win Community Shield

Soccer PICS: Leicester win Community Shield

Rediff.com8 Aug 2021

PSG make winning start as Messi arrival looms

Jewellers' stir enters 9th day; loss pegged at Rs 60,000 crore

Jewellers' stir enters 9th day; loss pegged at Rs 60,000 crore

Rediff.com9 Mar 2016

Over 300 associations, that consists of over 3 lakh manufacturers, retailers, wholesalers and artisans among others, are participating the nationwide stir.

Now, loans for all your lifestyle needs

Now, loans for all your lifestyle needs

Rediff.com4 Dec 2019

You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.

There were times I wanted to give up: Mithali

There were times I wanted to give up: Mithali

Rediff.com4 Jul 2021

'I am still very passionate to go out there, be there in the middle and win games for India. I know there is still room for improvements in terms of my batting and that is something I am working on... There are certain dimensions I would like to add to my batting...'

Ranji: Shorey's ton in vain as Jharkhand oust Delhi

Ranji: Shorey's ton in vain as Jharkhand oust Delhi

Rediff.com27 Feb 2022

A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.

'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.'

Bullion traders slam duty move, gold markets shut for 3 days

Bullion traders slam duty move, gold markets shut for 3 days

Rediff.com2 Mar 2016

Association will write a letter to Finance Minister Arun Jaitley to demand a rollback.

Cabinet nods Rs 6,268 crore export subsidy for sugar

Cabinet nods Rs 6,268 crore export subsidy for sugar

Rediff.com29 Aug 2019

The subsidy will be credited to bank accounts of farmers against cane price dues and are compliant with WTO norms. This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka.

Atkan Chatkan review

Atkan Chatkan review

Rediff.com9 Sep 2020

'No amount of Sivamani's finger-snapping music can shake off the bechara burden Lydian Nadhaswaram's real-life piano prodigy is forced to carry,' notes Sukanya Verma.

India's shooters draw blank for second day running

India's shooters draw blank for second day running

Rediff.com25 Jul 2021

Deepak Kumar and Divyansh Singh Panwar finished a lowly 26th and 32nd respectively in the men's 10 metres Air Rifle event of the Tokyo Olympics on Sunday

Cash-to-GDP ratio could hit 14-15%, the highest since independence

Cash-to-GDP ratio could hit 14-15%, the highest since independence

Rediff.com15 Oct 2020

It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

Rediff.com25 Dec 2019

It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.

Refunds to come slow as airline revenues choke

Refunds to come slow as airline revenues choke

Rediff.com2 Apr 2020

International airlines are offering affected passengers an option of refund, vouchers, discounts on future bookings, and the opportunity to hold tickets for up to two years following travel bans.

London Confidential review

London Confidential review

Rediff.com21 Sep 2020

At 70 minutes long, London Confidential is a crisp watch, notes Joginder Tuteja.

Tata Motors pips Mahindra in vehicle registration

Tata Motors pips Mahindra in vehicle registration

Rediff.com11 Aug 2020

With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.

Jewellers' strike against excise duty enters 7th day

Jewellers' strike against excise duty enters 7th day

Rediff.com8 Mar 2016

The industry is estimated to have incurred a loss of Rs 10,000 crore (Rs 100 billion).

Up against excise duty, bullion traders shut shops for 2nd day

Up against excise duty, bullion traders shut shops for 2nd day

Rediff.com3 Mar 2016

Finance Minister Arun Jaitley in the Budget for 2016-17 had proposed 1 per cent excise duty on jewellery without input credit or 12.5 per cent with input tax credit on jewellery.

Covid air pocket leaves flyers with forced vouchers

Covid air pocket leaves flyers with forced vouchers

Rediff.com6 Apr 2020

International and Indian airlines are refusing to refund cash and giving credit that can be used later.

Saurashtra batsman Jackson slams selectors; calls for transparency

Saurashtra batsman Jackson slams selectors; calls for transparency

Rediff.com4 Sep 2019

A frustrated Sheldon Jackson called for transparency from the national selectors after he was ignored from the India 'A' and Duleep squads despite consistent performances in the domestic circuit last season.