News for 'Ease of Doing Business'

Rocky Aur Rani Kii Prem Kahani Review: Soch Nayi, Swad Wahi

Rocky Aur Rani Kii Prem Kahani Review: Soch Nayi, Swad Wahi

Rediff.com28 Jul 2023

Rocky Aur Rani Kii Prem Kahani packs in abundant entertainment and hat tips to the KJo brand, observes Sukanya Verma.

Coming Soon: Cibil-Like Rating For Drivers

Coming Soon: Cibil-Like Rating For Drivers

Rediff.com27 Feb 2023

The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa.

With lockdown easing, monkeys are back to trouble Shimla

With lockdown easing, monkeys are back to trouble Shimla

Rediff.com15 May 2020

Having developed a taste for what humans eat, the monkeys are wreaking havoc in Shimla, reports Ashwani Sharma.

Info Edge: Investors should wait for sell-off to end before making fresh entry

Info Edge: Investors should wait for sell-off to end before making fresh entry

Rediff.com21 Feb 2023

Although Info Edge delivered good results in the October-December quarter of the 2022-23 financial year (Q3FY23), the management guidance flagged visible weakness in the IT segment. That seems to have spooked investors who downgraded valuations for a very highly-valued company. The stock dropped by over 9 per cent as the market responded to the guidance and its implications more than the results.

India remains an attractive FDI destination

India remains an attractive FDI destination

Rediff.com14 Sep 2021

India remains an attractive destination for foreign direct investments (FDI) on account of healthy prospects of economic growth and its skilled workforce, according to a survey by Deloitte. A large proportion of international business leaders remain confident in India's short- and long-term prospects and are readying plans to make additional and first-time investments in the country, it said on Tuesday. "The survey, which questioned 1,200 business leaders of multinational corporations in the US, UK, Japan and Singapore, found that India remains an attractive destination for investments, scoring highly for its skilled workforce and prospects for economic growth," the survey - India's FDI Opportunity - said.

Govt eases environment rules to push investments

Govt eases environment rules to push investments

Rediff.com7 Aug 2014

Rules for mining, roads, power and irrigation projects relaxed.

Services activity hits 11-year high in June

Services activity hits 11-year high in June

Rediff.com5 Jul 2022

India's services sector activities touched the highest mark since April 2011 amid ongoing improvements in demand conditions, even as cost pressures in the service economy remained stubbornly high, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 58.9 in May to 59.2 in June -- its highest mark since April 2011. For the eleventh straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Rediff.com15 Jul 2023

Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.

Ease fiscal deficit, look at higher spend for future: Assocham president to FM

Ease fiscal deficit, look at higher spend for future: Assocham president to FM

Rediff.com18 Jan 2021

As spending on infrastructure has three times the desired impact, the government's Rs 111 trillion National Infrastructure Pipeline should be accelerated: Assocham president, Vineet Aggarwal

Moody's cuts India's GDP forecast to 7.7% for 2022, from 8.8%

Moody's cuts India's GDP forecast to 7.7% for 2022, from 8.8%

Rediff.com1 Sep 2022

Moody's Investors Service on Thursday slashed India's economic growth projection for 2022 to 7.7 per cent, saying that rising interest rates, uneven monsoon, and slowing global growth will dampen economic momentum on a sequential basis.

Amrit kaal's 1st budget fulfils dreams of...: Modi

Amrit kaal's 1st budget fulfils dreams of...: Modi

Rediff.com1 Feb 2023

The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.

Scoop Review: TERRIFIC Show!

Scoop Review: TERRIFIC Show!

Rediff.com2 Jun 2023

Even those with no knowledge of the inner workings of the media and police, would find Scoop absorbing as a human drama and the story of the resilience of a woman, her family and true friends, applauds Deepa Gahlot.

Travellers from G20 nations can use UPI in India: RBI

Travellers from G20 nations can use UPI in India: RBI

Rediff.com8 Feb 2023

The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood.

Buyback through exchanges to be phased out: Sebi

Buyback through exchanges to be phased out: Sebi

Rediff.com20 Dec 2022

Capital markets regulator Sebi on Tuesday decided to gradually phase out buyback of shares by companies through the stock exchange route to address the drawbacks associated with the existing mechanism. Sebi chairperson Madhabi Puri Buch said the regulator has chosen the tender offer route for share buyback as the present mode is vulnerable to favouritism. "This is a glide path and will lead to the phasing out of the present buyback mode (through stock exchange route)," she told reporters after its board meeting in Mumbai.

Rate cut possible only if inflation eases: Rajan

Rate cut possible only if inflation eases: Rajan

Rediff.com29 Aug 2016

He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent

India looks at Commonwealth boost for small businesses

India looks at Commonwealth boost for small businesses

Rediff.com14 Mar 2017

For many years now, India has given the Commonwealth short shrift so its support for the Commonwealth trade initiative signals a renewed interest in the body.

Services sector growth falls to 4-month low in July

Services sector growth falls to 4-month low in July

Rediff.com3 Aug 2022

India's services sector lost momentum in July as demand was curtailed by competitive pressures, elevated inflation and unfavourable weather, a monthly survey said on Wednesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months. For the 12th straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

India's services sector activity expands in Sep

India's services sector activity expands in Sep

Rediff.com5 Oct 2021

India's services sector activity continued to expand in September, supported by favourable underlying demand amid the easing of COVID-19 restrictions, but lost some momentum from August's 18-month high level, a monthly survey said on Tuesday. The seasonally adjusted India Services Business Activity Index fell from 56.7 in August to 55.2 in September, but remained well above its long-run average. "Despite easing from August, the rate of expansion was marked and the second-fastest since February 2020," the survey said.

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

India Inc seeks ease of doing biz in return for 'Make in India' call

India Inc seeks ease of doing biz in return for 'Make in India' call

Rediff.com13 Sep 2015

India Inc is seeking at least quarterly interactions with senior government representatives to establish a channel of communication and help change the opinion at the highest level.

New India ready to take risks, innovate: Modi to diaspora in Germany

New India ready to take risks, innovate: Modi to diaspora in Germany

Rediff.com3 May 2022

Modi said the young and aspirational India understood the need for political stability to achieve faster development and had ended three decades of instability by mere touch of a button.

From March, you can start a business in Mumbai and Delhi in just 4 days

From March, you can start a business in Mumbai and Delhi in just 4 days

Rediff.com17 Jan 2017

Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.

Ease of doing biz is fine but what about corporate ethics

Ease of doing biz is fine but what about corporate ethics

Rediff.com17 Sep 2015

Over the past year we have heard a lot about policy reforms to improve the ease of doing business in India.

Low demand for goods from China, others sinks imports

Low demand for goods from China, others sinks imports

Rediff.com26 Feb 2023

A decline in demand from six of India's top 10 import partners -- China, Saudi Arabia, Iraq, South Korea, Australia, and Singapore -- resulted in India's imports hitting a 17-month low of $50.6 billion in January, showed the data compiled by the department of commerce. Shipments from South Korea, Australia, and Singapore declined by 14.1 per cent, 26.7 per cent, and 9.8 per cent, respectively. Among the 10, growth in inbound shipment was seen only in the case of the United Arab Emirates (12.1 per cent), the US (27.4 per cent), Russia (297.4 per cent), and Indonesia (22.9 per cent).

'If BJP Is Not Re-Elected, Foreign Investors May Sell'

'If BJP Is Not Re-Elected, Foreign Investors May Sell'

Rediff.com15 Jun 2023

'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'

'I see a deep connection between the sea and the human soul'

'I see a deep connection between the sea and the human soul'

Rediff.com18 May 2023

After being caught in the perfect storm and conquering near death at sea four years ago, Abhilash Tomy has made seafaring history by coming second in the world's most difficult ocean race. As he sailed to the finish line to welcoming cheers, holding the Indian flag, his remarkable story tells us the amazing things human beings can do.

'Equities can deliver potentially superior returns'

'Equities can deliver potentially superior returns'

Rediff.com23 Feb 2023

'Investors should ideally consider equity allocations from a medium-to-long term perspective.'

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

F1 PIX: Verstappen leads Red Bulls to one-two finish in Miami

F1 PIX: Verstappen leads Red Bulls to one-two finish in Miami

Rediff.com8 May 2023

Max Verstappen won the Miami Grand Prix from ninth on the starting grid with a masterful display of tyre management on Sunday.

'His best is yet to come and we are going to see some fireworks'

'His best is yet to come and we are going to see some fireworks'

Rediff.com5 Apr 2023

De Villiers backed India and Mumbai Indians' batter Suryakumar Yadav, who has witnessed a sudden dip in form, advising him to focus on what has worked in the past.

FDI inflows seen to grow further in the New Year

FDI inflows seen to grow further in the New Year

Rediff.com21 Dec 2021

A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.

Flying to be cheaper, norms eased for Indian airlines to fly abroad

Flying to be cheaper, norms eased for Indian airlines to fly abroad

Rediff.com15 Jun 2016

Details were not immediately available ahead of a planned government briefing.

'Markets may remain sideways'

'Markets may remain sideways'

Rediff.com29 Aug 2022

'The idea is to invest where there is opportunity.'

Budget: CII wants govt to decriminalise GST, slash I-T rates

Budget: CII wants govt to decriminalise GST, slash I-T rates

Rediff.com20 Nov 2022

Industry body CII has pitched for a reduction in personal income tax rates, decriminalisation of the goods and services tax and a relook at the capital gains tax rates as part of its agenda presented to the government for the forthcoming Budget. Arguing that the GST law already contains adequate penal provisions for deterrence against evasion of taxes, CII has suggested decriminalisation of GST law. Also, the applicability of prosecution provisions should not be based on the absolute amount of tax evasion but should be based on real intent to evade the taxes and a certain percentage of the tax payable, it stated.

Manufacturing activity touches 8-month high in July

Manufacturing activity touches 8-month high in July

Rediff.com1 Aug 2022

India's manufacturing sector activity hit the highest level in eight months in July, driven by a significant rise in business orders, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index rose from 53.9 in June to 56.4 in July, reflecting the strongest improvement in the health of the sector in eight months. The July PMI data pointed to an improvement in overall operating conditions for the 13th straight month.

Political turmoil in Tamil Nadu worries business circles

Political turmoil in Tamil Nadu worries business circles

Rediff.com30 Sep 2014

Executives feel political and other turmoil will hit plans, funds flow; govt says fears valid but will prove wrong.

Rupee trade: Two Russian banks get RBI nod for special vostro account

Rupee trade: Two Russian banks get RBI nod for special vostro account

Rediff.com29 Sep 2022

The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB - the largest and second largest bank of Russia - are the first foreign lenders to receive this approval after the central bank announced the norms on INR trade in July. Both lenders have branch presence in India. Earlier this month, state-run UCO Bank received the RBI's approval to open a special Vostro account with Gazprombank of Russia. While the Kolkata-based lender is in the process of opening the account, the bank has received requests from various foreign lenders for opening such an account.

Govt rushes to ease green norms for industry

Govt rushes to ease green norms for industry

Rediff.com4 Jan 2015

There is a proposal to term forests as areas so notified and not include plantations on private land.

'Build portfolio in mid-, small caps via SIPs'

'Build portfolio in mid-, small caps via SIPs'

Rediff.com11 May 2023

'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'

Services sector activities expand modestly in February: Survey

Services sector activities expand modestly in February: Survey

Rediff.com4 Mar 2022

Services sector activities in India picked up marginally in February on the back of better demand conditions and the retreat of the coronavirus pandemic but the rate of expansion was the second-slowest since last July and subdued by historical standards, according to a monthly survey. Reflecting a moderate rate of expansion, the seasonally adjusted IHS Markit India Services Business Activity Index rose to 51.8 in February from 51.5 in January. "The upturn was attributed by panellists to greater bookings, better demand conditions and the retreat of the pandemic. "That said, the latest increase was subdued by historical standards, with some companies indicating that growth was dampened by competitive pressures, COVID-19 and higher prices," the survey released on Friday said.