News for 'Finance Conduct Authority'

Our institutions are at risk under Modi

Our institutions are at risk under Modi

Rediff.com19 Dec 2018

'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.

Does govt want me to repay banks or not, asks Mallya

Does govt want me to repay banks or not, asks Mallya

Rediff.com26 Jun 2018

Breaking his silence after a long time, to state the "factual position in response to the controversy unfortunately surrounding" him, Mallya said he had written letters to both the prime minister and the finance minister on April 15, 2016, to explain his side of the story. "No response was received from either of them," he said in a statement.

Half of the traders don't have PAN

Half of the traders don't have PAN

Rediff.com20 Nov 2013

Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.

URGENT: Oct 2 deadline for XLRI contest

URGENT: Oct 2 deadline for XLRI contest

Rediff.com1 Oct 2004

Lekh is an international competition conducted by XLRI, Jamshedpur.

'Google tax' may be deferred till September

'Google tax' may be deferred till September

Rediff.com14 May 2020

E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.

Railways goes corporate, will scrap Rs 30,000 cr social subsidy

Railways goes corporate, will scrap Rs 30,000 cr social subsidy

Rediff.com18 May 2017

This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.

Bond market freezes amid coronavirus scare

Bond market freezes amid coronavirus scare

Rediff.com25 Mar 2020

The volume in the anonymous trading platform, NDS-OM, was Rs 7,210 crore - less than half the normal volume, but not as bad as the start of the day indicated.

'Modi got himself an hour of free TV'

'Modi got himself an hour of free TV'

Rediff.com27 Mar 2019

Some parties complained to the Election Commission alleging violation of the model code.

Olympics: #GirlsGetItDone

Olympics: #GirlsGetItDone

Rediff.com7 Aug 2021

'Everyone wants to get involved when there is success.' 'But what about guaranteeing it?' 'Making sure girls have the opportunity to succeed all the time?'

Whatsapp Pay's India launch in jeopardy

Whatsapp Pay's India launch in jeopardy

Rediff.com6 Nov 2019

Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.

Yes Bank founder Rana Kapoor sent to custody till Mar 11

Yes Bank founder Rana Kapoor sent to custody till Mar 11

Rediff.com8 Mar 2020

The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money-laundering charges in Mumbai in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said.

SC gives CVC 2 weeks to complete probe against CBI chief

SC gives CVC 2 weeks to complete probe against CBI chief

Rediff.com26 Oct 2018

The top court said former Supreme Court judge A K Patnaik will oversee the CVC inquiry.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Pak didn't take sufficient action against LeT, JeM, says US terror report

Pak didn't take sufficient action against LeT, JeM, says US terror report

Rediff.com20 Sep 2018

However, the US praises India for its significant counter-terrorism actions.

Where have all the women bankers gone?

Where have all the women bankers gone?

Rediff.com7 Jan 2020

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.

Ban 2: No more Chinese firms in highway projects

Ban 2: No more Chinese firms in highway projects

Rediff.com1 Jul 2020

India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).

RBI wants to end lazy banking

RBI wants to end lazy banking

Rediff.com6 May 2020

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.

'Modi wants to do away with permanent government jobs'

'Modi wants to do away with permanent government jobs'

Rediff.com1 Sep 2020

The new government order to review the service record of employees who have completed 30 years in the job to identify inefficient or corrupt staff and retire them prematurely has invited the ire of labour unions, who believe that this is a step towards privatisation.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

Fresh Panama Paper leaks: Accused deny allegations

Fresh Panama Paper leaks: Accused deny allegations

Rediff.com22 Jun 2018

The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

RBI to crack whip on recovery agents, calls for restricting messaging apps

RBI to crack whip on recovery agents, calls for restricting messaging apps

Rediff.com28 Jan 2021

Digital lending apps extend small amounts at exorbitant rates. Payment delays invite messages to customer or close family members, often with sensitive information such as Aadhaar and PAN Card scans.

IAAF suppressed study of admitted dope cheats: Sunday Times

IAAF suppressed study of admitted dope cheats: Sunday Times

Rediff.com16 Aug 2015

World athletics' governing body has suppressed a 2011 survey that reveals that up to a third of the world's top competitors admitted using banned performance-enhancing techniques, Britain's Sunday Times and German broadcaster ARD/WDR reported.

Mumbai on tenterhooks as cyclone Nisarga approaches

Mumbai on tenterhooks as cyclone Nisarga approaches

Rediff.com3 Jun 2020

With the cyclone set to make landfall on Wednesday, Maharashtra and Gujarat activated their disaster response mechanism, deploying NDRF teams and evacuating people from areas likely to be hit.

Chidambaram files fresh plea in SC challenging arrest

Chidambaram files fresh plea in SC challenging arrest

Rediff.com24 Aug 2019

He said the plea pertained to his liberty, which was 'illegally curtailed'.

Where's plan to handle COVID-19 crisis: Cong asks govt

Where's plan to handle COVID-19 crisis: Cong asks govt

Rediff.com25 Apr 2020

"You cannot have a lockdown of people, and a lockout of the economy. That is not the way to formulate policy. We are not criticising, we are only saying it is time to rethink, we will support the government in every possible way," said Kapil Sibal.

US imposes tough sanctions on Russia

US imposes tough sanctions on Russia

Rediff.com17 Jul 2014

The US has slapped additional tough sanctions on Russia's financial services and energy sectors for the failure of Moscow to taken enough steps to address the volatile political situation in Ukraine.

When a Nobel Laureate comes to town!

When a Nobel Laureate comes to town!

Rediff.com14 Jan 2020

What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?

Pakistani court adjourns Mumbai attacks case for three weeks

Pakistani court adjourns Mumbai attacks case for three weeks

Rediff.com3 Oct 2013

A Pakistani anti-terrorism court on Thursday adjourned the Mumbai attacks case for three weeks after the prosecution said India had not submitted a report on the cross-examination of key witnesses by a Pakistani judicial commission.

How govt plans to buy med devices cheaply for Ayushman

How govt plans to buy med devices cheaply for Ayushman

Rediff.com15 Dec 2019

According to a senior government official, the plan is to do "collective bargaining" for certain medical devices and implants by assuring a bulk requirement to the manufacturers. "The requirement for these devices runs into millions. We assure them that the requirement is going to be in bulk. In return, they should offer us better rates," he said.

3 money lessons from Ramzan

3 money lessons from Ramzan

Rediff.com5 Jul 2016

The principles and lessons of Ramzan are not just applicable to Muslims, but contain the wisdom that can help one and all whether in life or with one's finances.

Time is running out for Lakshmi Vilas Bank

Time is running out for Lakshmi Vilas Bank

Rediff.com14 Nov 2019

'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.

India to get details of Swiss bank accounts from Sept 2018

India to get details of Swiss bank accounts from Sept 2018

Rediff.com23 Nov 2016

Switzerland will not share details about accounts held prior to September 2018.

How Economy Stalled Under Manmohan & Modi

How Economy Stalled Under Manmohan & Modi

Rediff.com11 Jul 2019

The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.

IAAF blocked study showing 'widespread doping among elite athletes'

IAAF blocked study showing 'widespread doping among elite athletes'

Rediff.com16 Aug 2015

"The IAAF's delaying publication for so long without good reason is a serious encroachment on the freedom of publication," the researchers said in a statement.

We cannot force centre to take quick decisions: SC to J-K govt

We cannot force centre to take quick decisions: SC to J-K govt

Rediff.com18 Nov 2014

The Supreme Court on Monday made it clear to the Jammu and Kashmir government that it cannot force the Centre to take quick decisions on its demand for Rs 44,000 crore for relief and rehabilitation of flood victims.

Pak judicial commission arrives in India for 26/11 probe

Pak judicial commission arrives in India for 26/11 probe

Rediff.com21 Sep 2013

An eight-member Pakistani judicial commission team crossed into India from the Wagah border check post in Punjab on Saturday to conduct the much-delayed cross-examination of witnesses in the 2008 Mumbai attacks, which claimed 166 lives.

Poll code helps FM better fiscal deficit target

Poll code helps FM better fiscal deficit target

Rediff.com6 May 2014

Many ministries couldn't use the allocated funds since it came into force, resulting in much-needed savings.

AP passes Bill to establish 3 capitals; Naidu, TDP MLAs held

AP passes Bill to establish 3 capitals; Naidu, TDP MLAs held

Rediff.com21 Jan 2020

17 MLAs of the TDP were suspended from the assembly for disrupting CM Jagan Mohan Reddy's address on the Andhra Pradesh Decentralisation and Inclusive Development of All Regions Bill, 2020.

How to get banks to restart lending to corporates

How to get banks to restart lending to corporates

Rediff.com17 Nov 2020

Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.