News for 'Department for Business'

41 firms facing probe donated Rs 2,471 cr to BJP: Petitioners

41 firms facing probe donated Rs 2,471 cr to BJP: Petitioners

Rediff.com23 Mar 2024

Senior advocate Prashant Bhushan, who appeared for the petitioners in the court, said at least 30 shell companies purchased electoral bonds worth over Rs 143 crore.

Is Nirav Modi in US? Cannot confirm, says state department

Is Nirav Modi in US? Cannot confirm, says state department

Rediff.com2 Mar 2018

The US Department of Justice declined to comment on Modi.

Jaishankar's response to US warning on Chabahar port

Jaishankar's response to US warning on Chabahar port

Rediff.com15 May 2024

Speaking at a programme in Kolkata on Tuesday night, he said that in the past, even the US has been appreciative of the fact that the Chabahar port has a larger relevance.

Demand of every patriotic Indian...: Rahul on Doda attack

Demand of every patriotic Indian...: Rahul on Doda attack

Rediff.com16 Jul 2024

'We cannot endanger our national security by indulging in false bravado, fake narratives and high-decibel whitewashing. As a nation, we have to collectively fight the scourge of cross-border terrorism'

Day 5 of Odisha I-T raids: Cash haul goes past Rs 300 cr

Day 5 of Odisha I-T raids: Cash haul goes past Rs 300 cr

Rediff.com10 Dec 2023

The marathon raids against Boudh Distillery Private Limited, its promoters and others entered the fifth day on Sunday.

SC to hear Kolkata rape-murder case first on Tuesday

SC to hear Kolkata rape-murder case first on Tuesday

Rediff.com20 Aug 2024

A bench headed by Chief Justice DY Chandrachud, which had taken cognisance of the incident, has kept the matter on top of the cause list for hearing at 10:30 am on Tuesday.

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Rediff.com9 Aug 2024

The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.

India AI mission to be key priority for telecom ministry

India AI mission to be key priority for telecom ministry

Rediff.com18 Jun 2024

Many who track the ministry and the technology sector closely believe that the space won't see much impact on the policymaking side, but the gestation time for regulations might get long, as now there could be a wider consensus-building exercise on policy matters under a coalition government.

How Modi plans to tackle spiralling trade deficit with Russia

How Modi plans to tackle spiralling trade deficit with Russia

Rediff.com8 Jul 2024

India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

'Imagine Dying Like This, And That Too In Delhi'

'Imagine Dying Like This, And That Too In Delhi'

Rediff.com29 Jul 2024

'They charge such high fees and offer us this safety. Our lives have become a mockery.'

Monsoon Will Be 'Above-Normal' This Year

Monsoon Will Be 'Above-Normal' This Year

Rediff.com26 Apr 2024

It is in more than a decade that the IMD has predicted 'above-normal' rains in the country.

'Pradhan Mantri Hafta Vasuli Yojana': Cong on electoral bonds

'Pradhan Mantri Hafta Vasuli Yojana': Cong on electoral bonds

Rediff.com18 Mar 2024

"Remember, the IT Department and the ED implement the Pradhan Mantri Hafta Vasuli Yojana. The State Bank of India implements the #ElectoralBondScam. And at the end of the day, all of these institutions report to the same person: the Finance Minister," Ramesh alleged.

India eyes T20 World Cup title after near misses

India eyes T20 World Cup title after near misses

Rediff.com30 May 2024

India remain bereft of a global title since winning the 2013 Champions Trophy.

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

Rediff.com15 Dec 2023

The last two I-T teams left the premises, one each in Odisha and Jharkhand, carrying with them a number of seized "incriminating documents" and data cloned from electronic gadgets in the early morning hours.

Andhra tops 'ease of doing business' ranking of states

Andhra tops 'ease of doing business' ranking of states

Rediff.com5 Sep 2020

Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.

Rented property income can't be business income

Rented property income can't be business income

Rediff.com21 May 2019

If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Rediff.com12 Feb 2024

Of the Rs 1.97 trillion that the government intends to spend on all 14 production-linked incentive (PLI) schemes, around Rs 41,000 crore remains unutilised as of now, according to a senior government official. This means that 80 per cent of the total allocated amount, or Rs 1.56 trillion, will be used to pay incentives to companies eligible to claim benefits over the next few years. The unutilised amount/savings result from undersubscription, lukewarm responses in the case of schemes such as textile, as well as a reduction in the allocation of schemes.

Postal Department to launch new services

Postal Department to launch new services

Rediff.com15 Jun 2005

The department of posts will start a service to distribute campaign material for companies and revamp its VPP service, to tap the high volume business segment.

After UP, Uttarakhand implements kanwar route eatery order

After UP, Uttarakhand implements kanwar route eatery order

Rediff.com19 Jul 2024

An Uttar Pradesh government spokesperson said a formal order for all eateries along the Kanwar Yatra route in the state was likely to be issued soon.

RBI raises GDP growth projection to 7.2% for FY25

RBI raises GDP growth projection to 7.2% for FY25

Rediff.com7 Jun 2024

The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released by the National Statistical Office (NSO) placed India's real gross domestic product (GDP) growth at 8.2 per cent in 2023-24. "During 2024-25 so far, domestic economic activity has maintained resilience," he said, adding that manufacturing activity continues to gain ground on the back of strengthening domestic demand.

Railways reduces speed of Vande Bharat till Kavach is operational

Railways reduces speed of Vande Bharat till Kavach is operational

Rediff.com27 Jun 2024

The Railway Board has reduced the speed of semi-high speed trains Gatimaan Express and Vande Bharat from 160 kmph to 130 kmph till the automatic train protection system gets operational.

How Front-Running Hurts MFs, Investors

How Front-Running Hurts MFs, Investors

Rediff.com26 Jun 2024

Cases of front-running mostly happen when large asset managers and intermediaries are involved in bulk trades as their transaction size is generally big enough to impact the stock price.

DMK ex-member Jaffer Sadiq, partners invested Rs 40-cr drug money films: ED

DMK ex-member Jaffer Sadiq, partners invested Rs 40-cr drug money films: ED

Rediff.com13 Apr 2024

The Enforcement Directorate made these claims in an official statement issued by the federal agency following its raids in this case at Chennai, Madurai and Tiruchirapalli on April 9.

Must Watch: Stories From Around The World

Must Watch: Stories From Around The World

Rediff.com1 Oct 2024

Aseem Chhabra's Top 10 Films/ Series from TIFF 2024 includes films that he watched for the first time in Toronto. The films were impressive due to their rigor, passion, unique storytelling style and sometimes exploring the vulnerable sides of big name stars.

PSU banks urged to review their gold loan portfolio

PSU banks urged to review their gold loan portfolio

Rediff.com13 Mar 2024

The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan. "We have asked banks to undertake comprehensive review of the gold loan business," financial services secretary Vivek Joshi told PTI.

SEE: Ayodhya Ram Mandir, with Donald Trump in New York

SEE: Ayodhya Ram Mandir, with Donald Trump in New York

Rediff.com19 Aug 2024

People in large numbers participated in the India Day Parade held in New York, United States.

Air India deboards woman after argument with crew

Air India deboards woman after argument with crew

Rediff.com7 Mar 2024

In a statement, an Air India spokesperson said a passenger travelling in business class was off boarded on the advice of the captain following some argument with members of the crew before the scheduled pushback.

CBIC Goes Soft On GST Investigations

CBIC Goes Soft On GST Investigations

Rediff.com23 Apr 2024

The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.

Sunak under Oppn fire over 'VIP access' for Infosys

Sunak under Oppn fire over 'VIP access' for Infosys

Rediff.com5 Feb 2024

A readout of the meeting reportedly said Lord Johnson "made clear that he was keen to see a bigger Infosys presence in the UK and would be happy to do what he could to facilitate that".

GST Council's fitment committee likely to consider dropping 12% slab

GST Council's fitment committee likely to consider dropping 12% slab

Rediff.com5 Jun 2024

The fitment committee under the Goods and Services Tax (GST) Council, comprising central and state officials, has begun a rate rationalisation exercise afresh, checking the possibility of dropping some of the rates, particularly the 12 per cent slab, to achieve a revenue-neutral structure, a senior official with direct knowledge of the matter

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

'Pitch kaisa hain?': India tackle unknown Caribbean surfaces

'Pitch kaisa hain?': India tackle unknown Caribbean surfaces

Rediff.com17 Jun 2024

Rohit's pitch inquiry, Kohli and Jadeja bat with high intensity

Indians in Russia to seek Modi's help to build Hindu temple

Indians in Russia to seek Modi's help to build Hindu temple

Rediff.com8 Jul 2024

The Indian community in Russia are eagerly waiting for Prime Minister Narendra Modi's visit to Moscow and will be seeking his support to build a Hindu temple in the country, a new Indian school building and the availability of more direct flights to India.

'RSS Has Never Told People To Vote For The BJP'

'RSS Has Never Told People To Vote For The BJP'

Rediff.com31 Jul 2024

'No one is propagating RSS ideology as a government officer.'

NCLT asks telecom department not to terminate Aircel's license and spectrum

NCLT asks telecom department not to terminate Aircel's license and spectrum

Rediff.com29 Nov 2019

The tribunal accepted the government's argument that licence or spectrum is a state asset over which Aircel had no right of ownership.

'Should Have Bids For IDBI Before End Of FY'

'Should Have Bids For IDBI Before End Of FY'

Rediff.com10 Aug 2024

'We are in a position to start due diligence and private data room access shortly.'

'RCB off the ventilator but still in the ICU'

'RCB off the ventilator but still in the ICU'

Rediff.com5 May 2024

After a comfortable victory over Gujarat Titans, former India all-rounder Ajay Jadeja believes Royal Challengers Bengaluru's bowlers have started to click in IPL 2024.

'Aim to reach 1 billion tonnes coal output by FY 2027'

'Aim to reach 1 billion tonnes coal output by FY 2027'

Rediff.com21 Jul 2024

'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'

Spice row: Govt plans greater scrutiny, SOPs

Spice row: Govt plans greater scrutiny, SOPs

Rediff.com13 May 2024

The government is formulating guidelines on the use of ethylene oxide (ETO) in samples of spices for the domestic market and exports, people aware of the matter said, as it plans to step up efforts to make quality checks more stringent. ETO, a flammable, colourless gas, is typically used as a disinfectant. It is also used as a sterilising agent and an insecticide to reduce microbial contamination in spices. However, its use is considered carcinogenic, beyond permissible limits.