News for 'Electronic Funds Transfer'

Govt loosened purse strings with fiscal deficit in mind, willing to do more: FM

Govt loosened purse strings with fiscal deficit in mind, willing to do more: FM

Rediff.com28 Feb 2020

Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.

Socially inclusive Budget, lays roadmap for growth: Hinduja

Socially inclusive Budget, lays roadmap for growth: Hinduja

Rediff.com28 Feb 2015

Hinduja Group Chairman S P Hinduja on Saturday hailed the Modi government's Budget as "socially inclusive" that lays a clear roadmap for placing India on double digit growth trajectory in the medium term.

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair

Rediff.com16 Aug 2018

According to sources, the postal bank will tie up with other banks and financial companies to offer products like loans, mutual funds, and insurance policies to its customers.

Sukanya scheme attractive even without tax benefit

Sukanya scheme attractive even without tax benefit

Rediff.com13 May 2016

Many hurdles that investors could have faced after enrolling for the scheme have been removed.

Forex violations: ED slaps Rs 660-cr notice on Videocon

Forex violations: ED slaps Rs 660-cr notice on Videocon

Rediff.com14 Nov 2014

The notice, under provisions of the Foreign Exchange Management Act, has been issued by the Mumbai office of the agency after its probe found that the group has 'contravened' the law as it failed to comply with Reserve Bank of India norms by not declaring funds generated by some wholly owned subsidiaries the group had raised overseas few years back, according to ED sources.

'India will leapfrog to be a data-rich nation in 5 years'

'India will leapfrog to be a data-rich nation in 5 years'

Rediff.com19 Feb 2016

Nilekani said new-age technology markets work on a winner-takes-all basis.

Police raid German soccer HQ over 2006 World Cup payment

Police raid German soccer HQ over 2006 World Cup payment

Rediff.com3 Nov 2015

Police raided the Frankfurt headquarters of Germany's football association (DFB) on Tuesday and searched the homes of officials to investigate suspected tax evasion linked to the awarding of the 2006 World Cup, prosecutors said.

10-15% cards used only for online transactions: RBI report

10-15% cards used only for online transactions: RBI report

Rediff.com23 Apr 2014

India is one of the fastest-growing countries in the plastic money segment, with close to 350 million debit cards and 19 million credit cards in circulation.

Meet Pradeep Singh Kharola: Air India's turnaround man

Meet Pradeep Singh Kharola: Air India's turnaround man

Rediff.com29 Nov 2017

Kharola leads from the front. As a team player, he also uses technology to improve processes whether it is training or assessing metrics, a key trait that would help to improve service quality of the national carrier.

Stimulus package: 'Bank lending targets unfeasible'

Stimulus package: 'Bank lending targets unfeasible'

Rediff.com2 Jun 2020

Former RBI governor R Gandhi said that the RBI needs to re-introduce a one-time restructuring package and mere moratoriums will not suffice in unprecedented times like the COVID-19 pandemic.

Is Modi govt weakening HAL?

Is Modi govt weakening HAL?

Rediff.com16 Jan 2019

With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.

How EPFO proposals will impact you

How EPFO proposals will impact you

Rediff.com23 Mar 2015

The deduction will be higher and net take-home pay will fall.

How will AUKUS pact impact India?

How will AUKUS pact impact India?

Rediff.com23 Sep 2021

The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).

Lessons from the Sharepro scam

Lessons from the Sharepro scam

Rediff.com30 Mar 2016

After every corporate announcement, check your demat and bank accounts for necessary credits.

Rangarajan shares his vision on 'Make in India'

Rangarajan shares his vision on 'Make in India'

Rediff.com14 Mar 2015

On the present government's 'Make in India' campaign, C Rangarajan, former chairman of the Prime Minister's Economic Advisory Council, says it is important to first ask for whom it is being made.

Modi pitches for mobile banking, Jaitley for digital payment

Modi pitches for mobile banking, Jaitley for digital payment

Rediff.com25 Nov 2016

"You can download mobile applications provided by banks on your phones and I want to urge political leaders, teachers, youth to give training to people on mobile banking," Modi said.

EPFO launches online registration facility for firms

EPFO launches online registration facility for firms

Rediff.com30 Jun 2014

Tomar had discussed the two proposals with trade unions on June 24 and assured that the government will take at least two weeks to take a decision.

SC lifts stay on reporting Muzaffarpur shelter home case

SC lifts stay on reporting Muzaffarpur shelter home case

Rediff.com20 Sep 2018

There cannot be a 'blanket ban' on media reporting on cases of rape and sexual abuse, it said.

Andaman & Nicobar can attract Hong Kong investments

Andaman & Nicobar can attract Hong Kong investments

Rediff.com9 Jun 2020

'Leaders of the Indian community in Hong Kong had broached the idea of developing the Andaman and Nicobar islands for investment and setting up manufacturing units,' points out Rup Narayan Das.

Achche din for IPO investors

Achche din for IPO investors

Rediff.com9 Mar 2018

2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.

'We will sweep polls if we don't make silly mistakes'

'We will sweep polls if we don't make silly mistakes'

Rediff.com14 Sep 2017

'Our priority will be to settle land disputes in Bihar, which I believe is the root cause of almost all crime in the state.'

Future Retail files caveat in Delhi HC against Amazon

Future Retail files caveat in Delhi HC against Amazon

Rediff.com3 Nov 2020

Kishore Biyani led-Future Group has filed a caveat before the Delhi high court requesting it to be heard if any plea is filed by e-commerce major Amazon over its Rs 24,713 crore deal with Mukesh Ambani-led RIL. Anticipating a move by Amazon, which had got an interim arbitration award in its favour, putting the announced deal on hold, the Future Group firm has moved the Delhi high court.

Women and girls getting raped left, right and centre: SC

Women and girls getting raped left, right and centre: SC

Rediff.com7 Aug 2018

The court referred the NCRB data and said 38,947 women were raped in India in 2016. "What is to be done? Girls and women are getting raped left, right and centre," the bench said."

India saved $9 bn through Aadhaar, says Nilekani in US

India saved $9 bn through Aadhaar, says Nilekani in US

Rediff.com13 Oct 2017

'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.

Superman or not, Raghuram Rajan has indeed made a difference

Superman or not, Raghuram Rajan has indeed made a difference

Rediff.com28 Oct 2013

He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.

DeMo: Jaitley's Report Card

DeMo: Jaitley's Report Card

Rediff.com7 Nov 2017

'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.

PM calls for enhancing counter-terror cooperation with ASEAN

PM calls for enhancing counter-terror cooperation with ASEAN

Rediff.com21 Nov 2015

He suggested evolving specific plans for cooperation with the 10-memeber grouping in key areas of maritime security, counter-piracy and humanitarian and disaster relief.

India must stop being the West's digital colony

India must stop being the West's digital colony

Rediff.com17 Oct 2019

'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.

What the future holds for Indian students abroad

What the future holds for Indian students abroad

Rediff.com6 May 2020

All you need to know about intakes, proficiency tests and visas.

Mamata vs CBI: All you need to know about the showdown

Mamata vs CBI: All you need to know about the showdown

Rediff.com5 Feb 2019

With the Supreme Court ordering Kolkata Police Commissioner Rajeev Kumar to appear before the Central Bureau of Investigation, the agency will finally be able to question the top cop in cases arising out of the Saradha chit fund scam probe.

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

Rediff Q: Will this Budget be a gamechanger?

Rediff Q: Will this Budget be a gamechanger?

Rediff.com1 Feb 2017

Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.

HIGHLIGHTS: Union Budget 2017-18

HIGHLIGHTS: Union Budget 2017-18

Rediff.com1 Feb 2017

Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.

How Aadhaar card can make your life easier

How Aadhaar card can make your life easier

Rediff.com19 Oct 2015

Supreme Court allows more instruments to use the biometric card.

Let's stop making cash the villain

Let's stop making cash the villain

Rediff.com14 Jan 2020

Ajit Balakrishnan offers a New Year resolution for our policy-makers.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

Congress shows cash books to EC, BJP looks away

Congress shows cash books to EC, BJP looks away

Rediff.com7 Dec 2014

Congress received donations worth over Rs 66 crore and NCP garnered about Rs 14 crore from individuals and business entities in fund contributions of over Rs 20,000 in the last financial year while BJP was among the parties which did not disclose such details to the Election Commission till the November 30 deadline.

Desi trainer aircraft makes maiden flight

Desi trainer aircraft makes maiden flight

Rediff.com31 May 2016

The test flight is a victory for public sector undertaking Hindustan Aeronautics Limited, which has strongly backed the Hindustan Turbo Trainer-40 project, defying a skeptical Indian Air Force