News for 'Finance Conduct Authority'

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.

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.

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.

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.

Black-money sleuths seek HSBC transaction data

Black-money sleuths seek HSBC transaction data

Rediff.com27 Feb 2015

The SIT will ask the RBI for transaction details over 15 years

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.

Draft GST law envisages harsher penalties for tax evaders

Draft GST law envisages harsher penalties for tax evaders

Rediff.com17 Jun 2016

The sentence could go up to three years if the evasion exceeds Rs 50 lakh (5 million).

Now, inherited Swiss bank accounts come under lens

Now, inherited Swiss bank accounts come under lens

Rediff.com3 Nov 2014

It has been in force since October 2011.

Jessica Lall murder case: Manu Sharma gets parole

Jessica Lall murder case: Manu Sharma gets parole

Rediff.com18 Dec 2013

Siddharth Vashisht alias Manu Sharma, who is undergoing life term for killing model Jessica Lall in 1999, was on Wednesday granted nine days parole by the Delhi high court to appear in post graduate exams.

Let's pray we see closure of bad loans

Let's pray we see closure of bad loans

Rediff.com20 Jan 2020

'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.

EC cuts short campaign period in West Bengal

EC cuts short campaign period in West Bengal

Rediff.com15 May 2019

The EC also ordered the removal of Principal Secretary (Home) Atri Bhattacharya and Additional Director General, CID, Rajiv Kumar from their postings in West Bengal.

26/11 trial delay: India summons Pak envoy to lodge protest

26/11 trial delay: India summons Pak envoy to lodge protest

Rediff.com25 Jul 2014

India on Friday summoned Pakistan's deputy high commissioner and lodged a strong protest against the adjournment of the ongoing Mumbai terror attack case trial in Pakistan.

India, Switzerland improve cooperation on tax matters

India, Switzerland improve cooperation on tax matters

Rediff.com10 Dec 2015

Many requests are pending with the Swiss authorities.

All you need to know about reforms to be voted on by FIFA

All you need to know about reforms to be voted on by FIFA

Rediff.com19 Feb 2016

World soccer's governing body, FIFA, is expected to pass wide-ranging reforms at a Congress in Zurich next Friday, when a new president will also be elected.

Several Akhilesh projects under Yogi scanner

Several Akhilesh projects under Yogi scanner

Rediff.com3 Aug 2017

The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.

Impossible to return to India: Mehul Choksi tells CBI

Impossible to return to India: Mehul Choksi tells CBI

Rediff.com8 Mar 2018

In a 7-page letter Choksi said, he was being threatened by the individuals with whom he has business relationship and due to the seizure of his assets, his employees, customers and creditors have started to show animosity towards him.

Why Jyotiraditya fell out with the Gandhis

Why Jyotiraditya fell out with the Gandhis

Rediff.com2 Jul 2021

In some ways, Jyotiraditya parting ways with the Gandhis was similar to the saga of the Gandhis and the Bachchans, largely a story of friendship that turned sour. A fascinating excerpt from Rasheed Kidwai's The House Of Scindias: A Saga Of Power, Politics And Intrigue.

Move away from fixed tax targets: Shome

Move away from fixed tax targets: Shome

Rediff.com6 May 2014

A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic scenario during the year.

How to prepare for SSC CGL exam 2016

How to prepare for SSC CGL exam 2016

Rediff.com18 Feb 2016

Lakhs of students appear for it every year. How are you preparing for it?

CBDT's proposal to lower tax collection target shot down

CBDT's proposal to lower tax collection target shot down

Rediff.com4 Apr 2019

The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal

Congress protests against Sushma in Lok Sabha; disrupts Parliament

Congress protests against Sushma in Lok Sabha; disrupts Parliament

Rediff.com12 Aug 2015

Congress on Wednesday sought to demolish Sushma Swaraj's claim of helping Lalit Modi on humanitarian grounds in Lok Sabha, saying she could have done it under a legal framework and demanded response from Prime Minister Narendra Modi.

Modi or Trump, who was wiser over the lockdown?

Modi or Trump, who was wiser over the lockdown?

Rediff.com14 May 2020

Could the Centre and the prime minister have achieved more than what they did on curbing the endemic spread through more of the Modi outreach, given his credibility and unchallenged ability to communicate with the masses, asks N Sathiya Moorthy.

Chidambaram flays govt after I-T, ED lens on son?s associates

Chidambaram flays govt after I-T, ED lens on son?s associates

Rediff.com2 Dec 2015

CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act

Make sure Lalit Modi returns to face trial: Chidambaram tells govt

Make sure Lalit Modi returns to face trial: Chidambaram tells govt

Rediff.com17 Jun 2015

Rejecting allegations of vendetta levelled against him and the United Progressive Alliance, former Finance Minister P Chidambaram on Wednesday demanded that the government should ensure that Lalit Modi returns to India to face the probe by the Enforcement Directorate on various charges, including money laundering.

EXPLAINED! How Kochhargate unfolded

EXPLAINED! How Kochhargate unfolded

Rediff.com20 Feb 2019

In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.

Greenpeace activist would do anti-national activities: Govt tells HC

Greenpeace activist would do anti-national activities: Govt tells HC

Rediff.com6 Feb 2015

According to the govt, Greenpeace activist Priya Pillai cannot be allowed to travel to London as she would indulge in anti-national activities.

'Entire banking community backs Bank of Maharashtra'

'Entire banking community backs Bank of Maharashtra'

Rediff.com23 Jun 2018

Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.

'It is a badle ki sarkar'

'It is a badle ki sarkar'

Rediff.com16 Oct 2019

'If somebody in your family listens more to your neighbour than you, then doesn't the fault lie with you also? This is what is happening in Kashmir.'

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

It took government 20 months to correct this error

It took government 20 months to correct this error

Rediff.com14 Jun 2013

Officers of the rank of Joint Secretaries will also be covered under a key directive to the Central Bureau of Investigation, Central Vigilance Commission and other departments in probing corruption with the government rectifying an error 20 months after it crept into an office order.

I-T dept slaps Rs 30-cr service tax notice on Amity

I-T dept slaps Rs 30-cr service tax notice on Amity

Rediff.com24 Jun 2013

The notice also said service tax amounting to Rs 28.08 crore (Rs 280.8 million), in addition to education cess of Rs 56 lakh and secondary and higher education cess of Rs 28 lakh (Rs 2.8 million) for the period between October 2007 and September 2012, should be recovered from Amity under the provision to sub-section 1 of section 73 of the Finance Act.

When companies override the regulators

When companies override the regulators

Rediff.com23 Mar 2016

Companies think they are too big to bow before regulators.

A day after release, Farooq meets Omar, Azad

A day after release, Farooq meets Omar, Azad

Rediff.com15 Mar 2020

Released on Friday after his detention under the stringent Public Safety Act (PSA) was revoked, former chief minister Farooq Abdullah drove from his residence to nearby Hari Nivas where his son, also a former chief minister, has been held first under preventive custody since February 5 under the PSA. The two warmly embraced.

10 reasons why your student visa can be rejected

10 reasons why your student visa can be rejected

Rediff.com13 May 2018

Students, watch out for these mistakes!

Indian-origin realty broker fined 1 million pounds in UK

Indian-origin realty broker fined 1 million pounds in UK

Rediff.com19 Jun 2013

Birmingham-based Gurpreet Singh Chadda, who was doing business of sale and rent-back of homes through Red2Black Homes and B&L Homes, has also been banned from working in the British financial services industry, besides a fine of 945,277 pounds (nearly Rs nine crore), the FCA said.

RBI chief's appointment: No clarity yet on selection panel's role

RBI chief's appointment: No clarity yet on selection panel's role

Rediff.com13 Jun 2016

This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.

RBI must regulate all deposit-taking companies: Subbarao

RBI must regulate all deposit-taking companies: Subbarao

Rediff.com13 Aug 2013

Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.