News for 'Department of Financial Services Additional'

Does the key to Digital India lie with your local cable operator?

Does the key to Digital India lie with your local cable operator?

Rediff.com19 Apr 2017

If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them

Who should the next RBI Governor be? Vote now!

Who should the next RBI Governor be? Vote now!

Rediff.com17 Aug 2016

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?

India expects to raise Rs 64,840 crore from spectrum auction

India expects to raise Rs 64,840 crore from spectrum auction

Rediff.com6 Jan 2015

Income will be higher as spectrum in 2,100-MHz band will also be auctioned

3 weeks after launch date, Aadhaar's virtual ID yet to roll out

3 weeks after launch date, Aadhaar's virtual ID yet to roll out

Rediff.com23 Mar 2018

The 16-digit randomly generated number by the Aadhaar system was supposed to be introduced by the UIDAI on March 1 and mandatorily deployed by companies using Aadhaar by June 1.

Why Mudra Bank is a major landmark in our growth process

Why Mudra Bank is a major landmark in our growth process

Rediff.com24 Mar 2015

For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.

'Long fight': PM asks ministers to plan 'slow' exit from lockdown

'Long fight': PM asks ministers to plan 'slow' exit from lockdown

Rediff.com7 Apr 2020

Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.

India's ambitious high-speed rail plans

India's ambitious high-speed rail plans

Rediff.com6 Apr 2015

The feasibility study of Delhi-Chennai corridor is being done in cooperation with Chinese Railways.

What you must know about China and coronavirus

What you must know about China and coronavirus

Rediff.com2 Apr 2020

How China's all powerful Communist party bungled the response to the coronavirus crisis.

Nokia's young retirees face an uncertain future

Nokia's young retirees face an uncertain future

Rediff.com20 May 2014

The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.

Spectrum auction: Trai to suggest reserve price for 3G, 4G

Spectrum auction: Trai to suggest reserve price for 3G, 4G

Rediff.com8 Sep 2014

For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February

Spectrum sale may add Rs 50,000 crore to exchequer

Spectrum sale may add Rs 50,000 crore to exchequer

Rediff.com17 Oct 2014

In return, BSNL should be allotted 1.2 MHz in the 1800-MHz band in each circle, subject to some conditions.

US payrolls surge in December in boost to economic outlook

US payrolls surge in December in boost to economic outlook

Rediff.com8 Jan 2016

The dollar moved higher, while prices for US government debt fell, as traders ramped up bets the Federal Reserve would raise interest rates in March

Heavy downpour brings Mumbai to a halt, 28 killed

Heavy downpour brings Mumbai to a halt, 28 killed

Rediff.com2 Jul 2019

Heavy rains lashing Mumbai since Sunday have thrown rail, air and road traffic out of gear, with several trains and flights being cancelled. With IMD forecast of heavy rains for Tuesday, the authorities declared a holiday in the city and adjoining regions, asking people to avoid stepping out of their houses.

How the 'mother of all tax reforms' actually evolved

How the 'mother of all tax reforms' actually evolved

Rediff.com20 Jul 2017

In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.

Entry of India, Pak to bolster SCO's strength: Xi

Entry of India, Pak to bolster SCO's strength: Xi

Rediff.com10 Jun 2018

He said countries should work for promoting open and inclusive cooperation for win-win outcomes.

Modi govt puts brakes on India's universal health plan

Modi govt puts brakes on India's universal health plan

Rediff.com27 Mar 2015

The decision to slash insurance coverage will have an impact on private health sector.

Smart cities or smart pilots?

Smart cities or smart pilots?

Rediff.com3 Oct 2015

To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion

Lashkar is a terror proxy of ISI: US lawmaker

Lashkar is a terror proxy of ISI: US lawmaker

Rediff.com13 Jun 2013

"We should make it clear to Pakistan that any LeT attack upon our homeland, they will bear responsibility for that because of their close relationship between ISI and LeT," Congressman Peter King said during a Congressional hearing on Wednesday.

Employment bonanza announced for H-1B spouses

Employment bonanza announced for H-1B spouses

Rediff.com25 Feb 2015

From May 26 onwards, the US Citizenship and Immigration Services will begin accepting applications for work visas from H-IB spouses, reports Aziz Haniffa/Rediff.com.

Centre pays higher price to keep pensioners happy

Centre pays higher price to keep pensioners happy

Rediff.com15 Feb 2017

Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.

November 1, 1984

November 1, 1984

Rediff.com21 Nov 2018

On Tuesday, November 20, 2018, 34 years and 19 days later after the horrific crimes, two men were sentenced to death and life in prison for their involvement in the anti-Sikh riots of 1984 in which over 3,000 Sikhs were killed. It was the first verdict after the riots-related cases were reopened by a Special Investigation Team in 2015. In his novel Man With The White Beard, Shah Alam Khan recalls a calamitous time in India's history.

What no party in UP wants to talk about

What no party in UP wants to talk about

Rediff.com21 Feb 2017

None of the political parties in UP has any effective plans to create jobs.

'India's dominance in IT will continue'

'India's dominance in IT will continue'

Rediff.com30 Aug 2016

'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'

Tata Tele-Bharti Airtel deal was done in 5 days

Tata Tele-Bharti Airtel deal was done in 5 days

Rediff.com13 Oct 2017

The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.

10 commandments for Modi Sarkar to curb black money

10 commandments for Modi Sarkar to curb black money

Rediff.com4 May 2017

A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.

2 years of Raghuram Rajan: Many hits but some misses, too

2 years of Raghuram Rajan: Many hits but some misses, too

Rediff.com3 Sep 2015

We need a change in mindset, says the RBI Governor.

Why US threats no longer perturb Pakistan

Why US threats no longer perturb Pakistan

Rediff.com22 Feb 2018

'If the US intention was to use the FATF platform to isolate Pakistan and impose sanctions against it, that is not going to work when influential countries such as Turkey, Iran, Saudi Arabia, China and Russia will not lend support to the US campaign,' says Ambassador M K Bhadrakumar.

Swiss move on taxes to help developing nations

Swiss move on taxes to help developing nations

Rediff.com24 Oct 2013

Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.

Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Rediff.com30 Apr 2016

Income-tax data released by FinMin after 15 years

300 'smart' villages to be developed in Gujarat

300 'smart' villages to be developed in Gujarat

Rediff.com1 May 2016

Gujarat govt will set up a Tribal university in the Narmada district, over 100 smart Ashram shalas, 10 new hostels for tribal girl students

Relaxed FDI norms to boost low cost housing

Relaxed FDI norms to boost low cost housing

Rediff.com11 Jul 2014

Income from renting of properties is taxed at a flat rate of 10%.

Arun Jaitley's Budget firsts

Arun Jaitley's Budget firsts

Rediff.com7 Sep 2016

Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.

Markets scale new peaks; Nifty ends above 8,100

Markets scale new peaks; Nifty ends above 8,100

Rediff.com3 Sep 2014

Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.

Jaitley explains why RBI rate cut will benefit the economy

Jaitley explains why RBI rate cut will benefit the economy

Rediff.com18 Nov 2014

Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.

PM Modi faces a bureaucratic test

PM Modi faces a bureaucratic test

Rediff.com9 Jun 2017

Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?

Aadhaar is against Arthashastra, Hadith and Bible

Aadhaar is against Arthashastra, Hadith and Bible

Rediff.com9 Oct 2017

It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Rediff.com15 Jul 2014

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).

An RBI governor, two finance ministers and a quiet war

An RBI governor, two finance ministers and a quiet war

Rediff.com30 Oct 2018

Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.

Who is the key man of Mallya empire abroad?

Who is the key man of Mallya empire abroad?

Rediff.com21 Mar 2016

In an SEC filing dating back to 1997, he figures as "J Vallabh".

When Venezuela's star stopped shining

When Venezuela's star stopped shining

Rediff.com18 Oct 2019

Devastation struck Venezuela when oil prices started collapsing in 1982, following a global oil glut. The country's economy contracted overnight.