News for 'Finance Conduct Authority'

All about the Indian financial code 2.0

All about the Indian financial code 2.0

Rediff.com18 Aug 2015

The finance ministry has put out a revised draft in public domain.

PM Modi, Saudi king ink agreement on fighting terror

PM Modi, Saudi king ink agreement on fighting terror

Rediff.com3 Apr 2016

India's ties with Saudi Arabia have been on an upswing over the last two decades based on burgeoning energy ties. Both sides are keen on expanding the economic ties in a range of areas besides the oil sector.

How tech alumni plan to raise 21,000 crore to fight COVID-19

How tech alumni plan to raise 21,000 crore to fight COVID-19

Rediff.com2 Jul 2020

Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.

Sebi frowns on plan to extend trading time on poll result day

Sebi frowns on plan to extend trading time on poll result day

Rediff.com5 May 2014

On May 16, the leads will start trickling in from morning but the final result is likely to come only after 3.30 pm, beyond trading time for the equities segment in India.

'In coming months, mutual fund industry will be stressed'

'In coming months, mutual fund industry will be stressed'

Rediff.com26 Jul 2019

'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'

CBI registers 46 cases in Saradha chit fund scam

CBI registers 46 cases in Saradha chit fund scam

Rediff.com4 Jun 2014

Central Bureau of Investigation on Wednesday registered a record number of 46 cases in a day in connection with its probe in the Rs 10,000-crore Saradha chit fund scam naming Trinamool Congress' sitting Rajya Sabha MP Kunal Ghosh as one of the accused.

Why India gets foreign borrowing wrong

Why India gets foreign borrowing wrong

Rediff.com4 Apr 2016

Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

Rediff.com20 Feb 2018

The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.

'Important for govt to accept economy is in distress'

'Important for govt to accept economy is in distress'

Rediff.com27 Jun 2019

'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'

It's a wrap for Winter Olympics!

It's a wrap for Winter Olympics!

Rediff.com26 Feb 2018

Olympic officials have showered praise on South Korea's Winter Games organisers for staging a successful event against the odds, but they have also left it with a warning: don't leave any white elephants behind.

65.61 per cent cast vote in third phase of LS polls

65.61 per cent cast vote in third phase of LS polls

Rediff.com23 Apr 2019

Complaints of electronic voting machine malfunctioning poured in from several booths on Tuesday during the third and largest phase of Lok Sabha polls which saw voters turning out in large numbers to cast their vote in 116 seats, including all constituencies of Gujarat and Kerala.

Kanhaiya 'actually organised' the event in JNU, cops tell HC

Kanhaiya 'actually organised' the event in JNU, cops tell HC

Rediff.com24 Feb 2016

According to the latest status report filed by the Delhi Police, Kanhaiya 'actively' participated in the 'unlawful' assembly in which 'anti-national' slogans were raised.

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Rediff.com23 Jun 2018

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.

PwC caught in USL-Mallya crossfire

PwC caught in USL-Mallya crossfire

Rediff.com28 Apr 2015

The agency did not seek a reappointment in FY12.

Congress urges SC to recall Rafale verdict; bad losers, replies BJP

Congress urges SC to recall Rafale verdict; bad losers, replies BJP

Rediff.com16 Dec 2018

The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.

Why the no-trust motion fell flat

Why the no-trust motion fell flat

Rediff.com21 Jul 2018

'The debate, by being mostly in Hindi, lost much of its educative relevance to the southern states.' 'All the prime minister's debating skills and oratorical prowess went over the heads of the South Indian audience,' points out B S Raghavan, the distinguished civil servant.

Budget allocation for maternity programme increased two fold

Budget allocation for maternity programme increased two fold

Rediff.com1 Feb 2019

The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.

Should Rajan have exercised more restraint?

Should Rajan have exercised more restraint?

Rediff.com21 Jun 2016

Mr Swamy has written letters to the Prime Minister's Office asking for Mr Rajan's services to be terminated.

Mirach to file $400 million defamation suit against Sahara

Mirach to file $400 million defamation suit against Sahara

Rediff.com17 Mar 2015

Sahara had initiated legal action against the US-based firm.

PM vows to take up problems faced by Indian workers in Qatar

PM vows to take up problems faced by Indian workers in Qatar

Rediff.com5 Jun 2016

Addressing Indian workers at a medical camp in downtown Doha, Modi said he is aware of the issues being faced by Indian workers and the companies that bring them here.

Buying a house? 5 things to watch out for

Buying a house? 5 things to watch out for

Rediff.com9 Dec 2014

If you're in the market for a new home, now may be the perfect time to make your purchase. But, before making an investment for lifetime, there are many factors that come into play and much to be considered.

Pak court summons 26/11 planner Lakhvi to appear in next hearing

Pak court summons 26/11 planner Lakhvi to appear in next hearing

Rediff.com6 Jan 2015

Lashkar-e-Tayiba operations commander Zaki-ur-Rehman Lakhvi, the 2008 Mumbai terror attack mastermind, was on Tuesday summoned by a Pakistani court to appear before it in the next hearing on the government's appeal against his bail in the 26/11 case.

Next demonetisation blow: Higher electricity bills

Next demonetisation blow: Higher electricity bills

Rediff.com3 Jan 2017

A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports.

PM @ RTI meet: People should have the right to question govt

PM @ RTI meet: People should have the right to question govt

Rediff.com16 Oct 2015

The Right to Information should not be limited to right to know but it should empower every citizen to question those in power, Prime Minister Narendra Modi said on Friday.

Had 'donated' Rs 70 lakh to LeT: Headley tells Mumbai court

Had 'donated' Rs 70 lakh to LeT: Headley tells Mumbai court

Rediff.com23 Mar 2016

Rana knew about my association with LeT. I informed him about the training imparted by me to LeT operatives. I disclosed to Rana that I was spying for LeT. This was four to five months before the 26/11 attacks," said Headley.

Charges of Favour to Reliance General Insurance: CBI probing former Irda chairman

Charges of Favour to Reliance General Insurance: CBI probing former Irda chairman

Rediff.com14 Oct 2014

Penalty for unapproved policy changes allegedly reduced from Rs 17,500 crore to Rs 20 lakh

Charges of Favour to Reliance General Insurance: CBI probing former Irda chairman

Charges of Favour to Reliance General Insurance: CBI probing former Irda chairman

Rediff.com14 Oct 2014

Penalty for unapproved policy changes allegedly reduced from Rs 17,500 crore to Rs 20 lakh

SC to hear PIL seeking protection for Kashmiris; Omar slams PM

SC to hear PIL seeking protection for Kashmiris; Omar slams PM

Rediff.com21 Feb 2019

The NHRC issued notice to the Union ministries of home and human resource development seeking a report over the reported ill-treatment of Kashmiri people in the aftermath of the attack.

When a US president wanted Indian minister sacked!

When a US president wanted Indian minister sacked!

Rediff.com21 Jan 2020

'Galbraith had a powerful ally in Washington -- not as blunt and direct as the ambassador -- but committed to see Krishna Menon go.' 'This was President Kennedy himself.'

'Digital payments have become a fashion statement'

'Digital payments have become a fashion statement'

Rediff.com17 Jan 2017

N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.

Trai recommends up to 81% cut in spectrum auction base price

Trai recommends up to 81% cut in spectrum auction base price

Rediff.com9 Sep 2013

Regulator has suggested a lower reserve price even in service areas where spectrum was sold in November 2012.

How governments can overcome land acquisition woes

How governments can overcome land acquisition woes

Rediff.com20 Mar 2017

The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.

What farmers fear the most

What farmers fear the most

Rediff.com30 Sep 2020

'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'

'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.'

Reality check: How Modi govt fared in reviving the economy

Reality check: How Modi govt fared in reviving the economy

Rediff.com13 Nov 2014

The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.

Scandal hit FIFA suspends bidding for 2026 World Cup

Scandal hit FIFA suspends bidding for 2026 World Cup

Rediff.com11 Jun 2015

Scandal-plagued FIFA postponed the bidding for the right to host the 2026 World Cup.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

4 golden rules to get higher credit card limit

4 golden rules to get higher credit card limit

Rediff.com25 Jul 2016

Warning: These tips are not for those who are already in a debt trap or struggling to meet expenses.

The disconnect between Budget and sector performance

The disconnect between Budget and sector performance

Rediff.com25 Feb 2015

There isn't much Budget could do directly to help sectors.

100% FDI in e-commerce exposes BJP's double standard

100% FDI in e-commerce exposes BJP's double standard

Rediff.com4 Apr 2016

"Not a single step has been taken by this government to empower small businesses in India," says Praveen Khandelwal, national secretary general of the Confederation of All India Traders and former treasurer of the Bharatiya Janata Party's Delhi unit.