News for 'Economics Associate Director'

Charitable entity status cannot be denied to BCCI, rules tax tribunal

Charitable entity status cannot be denied to BCCI, rules tax tribunal

Rediff.com13 Nov 2021

The Income Tax Appellate Tribunal has accepted BCCI's submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective, reports Indivjal Dhasmana.

'They wanted to strike terror in India'

'They wanted to strike terror in India'

Rediff.com11 Mar 2023

'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'

Bengali theatre actor dropped from play after joining BJP

Bengali theatre actor dropped from play after joining BJP

Rediff.com12 Mar 2021

Kaushik Kar, had been invited by Palodhi's group Ichcheymoto' in 2019, to play a character whose name had a reference to the victim who was lynched in 2015 Dadri case on suspicion of eating beef.

Raut took 'active interest' in Patra Chawl project, ED tells court

Raut took 'active interest' in Patra Chawl project, ED tells court

Rediff.com17 Oct 2022

The ED probe pertains to alleged financial irregularities in the redevelopment of Patra Chawl, a tenement, and related financial transactions involving his wife and associates.

After Amazon, Flipkart fined for allowing sale of poor quality cookers

After Amazon, Flipkart fined for allowing sale of poor quality cookers

Rediff.com18 Aug 2022

The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1 lakh on e-commerce firm Flipkart for allowing sale of substandard domestic pressure cookers on its platform, in violation of mandatory standards. Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days. The central government routinely notifies the Quality Control Orders (QCOs), specifying compulsory conformity to a standard and use of the standard mark for a product to protect consumers from the risk of suffering injury and harm and in the interest of the public at large.

Tata-Mistry spat: What it means for minority and small shareholders

Tata-Mistry spat: What it means for minority and small shareholders

Rediff.com9 Apr 2021

Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies.

All In The Family In The Name Of Politics

All In The Family In The Name Of Politics

Rediff.com2 May 2023

With some variations, all regional political formations, whether in power presently or out of it, share some common features: Tight family control of the political apparatus, key members in elected or appointed positions, obvious wealth but not quite known sources of income, and family factionalism, sometimes open and bitter, notes Shreekant Sambrani.

Double taxation relief for Indian IT cos in Australia

Double taxation relief for Indian IT cos in Australia

Rediff.com11 Apr 2022

In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as part of the free trade deal inked. This may lead to savings up to $200 million each year for over 100 Indian IT companies operating in Australia. "The Government of Australia has agreed to amend the domestic taxation law to stop the taxation of offshore income of Indian firms providing technical services to Australia. "This will resolve the issue that the Indian government has raised about the double taxation avoidance agreement (DTAA) between the two governments for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income," said a commerce ministry official.

'I never thought that it's a pandemic story'

'I never thought that it's a pandemic story'

Rediff.com7 Sep 2022

'I never thought the European audience will love this film, but we had over 2,000 people at the screening.'

Mutual Funds' Rs 100 Trillion Opportunity

Mutual Funds' Rs 100 Trillion Opportunity

Rediff.com23 Mar 2023

Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.

Indian American named new White House LGBT liaison

Indian American named new White House LGBT liaison

Rediff.com11 Nov 2014

Indian American Aditi Hardikar has been appointed to a key White House position to liaison with LGBT as well as the Asian American and Pacific Islanders communities.

RBI's lack of support pushes up bond yields

RBI's lack of support pushes up bond yields

Rediff.com23 Feb 2021

The bond market is not in a mood to reason with the Reserve Bank of India (RBI) on keeping yields low. The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent. The yield was at 6 per cent a week ago. The RBI wants the yields to remain at 6 per cent, but bond dealers say the central bank will have to step up its bond-buying programme.

'Gurumurthy must be sacked from RBI'

'Gurumurthy must be sacked from RBI'

Rediff.com27 May 2022

'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'

Gold may decline to Rs 24,500 by Dec if rupee stays constant

Gold may decline to Rs 24,500 by Dec if rupee stays constant

Rediff.com2 Nov 2014

Gold prices are likely to decline further to around Rs 24,500 per 10 grams by December if the rupee continues to rule at the current level.

Chh'garh govt moves SC against suspended IPS officer

Chh'garh govt moves SC against suspended IPS officer

Rediff.com10 Jul 2021

According to police, the documents recovered during the raids revealed that Singh was allegedly involved in promoting enmity and hatching a conspiracy against the established government and public representatives and was booked under sedition charges.

Omicron impact: Two-wheeler sales take a severe knocking

Omicron impact: Two-wheeler sales take a severe knocking

Rediff.com26 Jan 2022

After a very weak December quarter and a poor year-to-date fiscal year volumes-when sales plunged to the lowest in nine years, the signs in the first 15 days of January haven't been encouraging either. "Though the severity of the current wave is not as high as the previous one, it has hit the sentiments hard impacting conversion of enquiries into sales," said Vinkesh Gulati, president, Federation of Automobile Dealers Association (FADA).

PMC case: Wadhawan's UK, UAE properties to be attached

PMC case: Wadhawan's UK, UAE properties to be attached

Rediff.com11 Oct 2019

ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.

Ajay Singh appointed press secretary to president

Ajay Singh appointed press secretary to president

Rediff.com16 Sep 2019

The Appointments Committee of the Cabinet, led by Prime Minister Narendra Modi, approved the appointment of Singh as Press Secretary to the President on contract basis initially for a period of one year or until further orders, the Department of Personnel and Training said in an order.

Covid-19 surge makes corporate India nervous about Q1

Covid-19 surge makes corporate India nervous about Q1

Rediff.com13 May 2021

Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.

OnePlus dials into Bharat to beat competition

OnePlus dials into Bharat to beat competition

Rediff.com27 Oct 2019

In October, OnePlus said, it recorded Rs 500 crore of revenue in only the first two days of the festive sale on Amazon.in. The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year.

'We are losing our independence more and more'

'We are losing our independence more and more'

Rediff.com19 Sep 2022

'Laws have been used in a way to serve the needs of the current regime and its authoritarian ideology.'

Ajit Pawar denies links with firm under ED lens

Ajit Pawar denies links with firm under ED lens

Rediff.com2 Jul 2021

Maharashtra Deputy Chief Minister Ajit Pawar on Friday said he did not have any connection with Guru Commodity Services Pvt Ltd which is under the Enforcement Directorate's (ED) scanner, though a sugar mill owned by the company is being run by one of his relatives.

Smartphone sales growth slows to 14% in 2017

Smartphone sales growth slows to 14% in 2017

Rediff.com5 Jan 2018

Trends like bundled offers and 4G-LTE feature phones could become mainstream in 2018

Will Regional Parties Come To Congress Or...

Will Regional Parties Come To Congress Or...

Rediff.com22 Aug 2022

Some of the Congress's new-found enthusiasm for hitting the streets will show its result in the Gujarat, Himachal Pradesh, and Karnataka elections. That is when we will know if the Congress will go to the regional parties or the parties will come to the Congress.

Home loans to businessmen riskier than salaried class: Report

Home loans to businessmen riskier than salaried class: Report

Rediff.com24 Jul 2014

Borrowers who contribute over 40 per cent of residential unit's have greater willingness to pay.

'I told them India was like a giant jumbo jet. It would take off slowly and be unstoppable'

'I told them India was like a giant jumbo jet. It would take off slowly and be unstoppable'

Rediff.com10 Jan 2023

This doctor couple put their faith in India. And in return India has put faith in them.

US Treasury's David Malpass bags World Bank's top job

US Treasury's David Malpass bags World Bank's top job

Rediff.com5 Apr 2019

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.

SC upholds validity of amendment to FCRA provisions, says strict rule must

SC upholds validity of amendment to FCRA provisions, says strict rule must

Rediff.com8 Apr 2022

The top court noted many recipients of foreign contributions had not utilised the same for the purposes for which they were registered or granted prior permission under the Act.

Jhunjhunwala-backed Akasa Air to start flying from 2022

Jhunjhunwala-backed Akasa Air to start flying from 2022

Rediff.com12 Oct 2021

In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.

'What we need now is spending'

'What we need now is spending'

Rediff.com30 Dec 2021

'The classic thing we need as a country is the virtuous cycle where you have robust demand which leads to more capital spending which in turn leads to more job creation and more money in the hands of people.'

TT legend Chandrasekhar passes away in Chennai

TT legend Chandrasekhar passes away in Chennai

Rediff.com12 May 2021

Former India table tennis player Venugopal Chandrasekhar died at a private hospital in Chennai on Wednesday due to COVID-19 related complications.

In search for revival in Punjab, Akali Dal rediscovers its Sikh roots

In search for revival in Punjab, Akali Dal rediscovers its Sikh roots

Rediff.com16 May 2022

There are clear signs that the party is re-starting its journey to relevance by going back to its core Panthic agenda, on the basis of which it was founded over a century ago, reports Sai Manish.

'The more prudent thing would be to buy on dips'

'The more prudent thing would be to buy on dips'

Rediff.com14 Apr 2022

'The recent correction in indices has made the markets cheaper to invest for the long term.'

Airlines' body concerned over high tax regime

Airlines' body concerned over high tax regime

Rediff.com12 Dec 2013

High taxes on the jet fuel, which goes up as high as 40 per cent in some states, coupled with higher airport charges in the form of user development and airport development fee, which have cascading effect on the air fares, have had a negative impact on the domestic passenger demand in India.

Decks clear for the birth of India's 2nd largest PSB

Decks clear for the birth of India's 2nd largest PSB

Rediff.com28 Mar 2019

The proposed amalgamation will make Bank of Baroda, which will merge the other two lenders with itself, the second largest public sector bank after State Bank of India in place of Punjab National Bank.

Will General Munir Take On Imran Khan?

Will General Munir Take On Imran Khan?

Rediff.com24 Nov 2022

If General Asim Munir, Pakistan's new army chief, wants to help defuse the current polarised atmosphere and shepherd civilian politicians towards negotiations on an acceptable date for elections, he may need to distance himself from any perception of needless hostility to Imran Khan, explains Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.

US intel says Covid not a bio-weapon, unsure about its origins

US intel says Covid not a bio-weapon, unsure about its origins

Rediff.com28 Aug 2021

The United States intelligence community has failed to reach any firm conclusion on the exact origin of COVID-19 and is split on whether it leaked from a lab in China or emerged in nature, even though it does not believe the virus was developed as a biological weapon, according to results of a detailed review ordered by President Joe Biden.

SC terms filing of sedition cases as disturbing trend

SC terms filing of sedition cases as disturbing trend

Rediff.com26 Aug 2021

The bench expressed displeasure over the trend of filing of sedition cases just after senior advocate F S Nariman made opening submissions on behalf of Singh, saying 'the gentleman has served as the Additional Director General of Police (ADGP) and was acting as the Director of the Police Academy and now the proceedings under section 124A (sedition) of the IPC have been initiated against him'.

FPIs sold Indian stocks, bonds worth $ 7 bn since April

FPIs sold Indian stocks, bonds worth $ 7 bn since April

Rediff.com4 Jun 2018

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively

All eyes on RBI as rate cut looms large

All eyes on RBI as rate cut looms large

Rediff.com1 Apr 2019

According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.