News for 'Financial Conduct Authority'

Will Jaitley present his 6th full Budget next year?

Will Jaitley present his 6th full Budget next year?

Rediff.com6 Dec 2018

A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.

Call drop penalty to cost telcos Rs 200 cr per quarter, says Trai

Call drop penalty to cost telcos Rs 200 cr per quarter, says Trai

Rediff.com13 Nov 2015

Trai said the reports that compensation was not feasible were based on wrong inputs.

Tracing the chequered life of V G Siddhartha

Tracing the chequered life of V G Siddhartha

Rediff.com31 Jul 2019

Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

Rediff.com19 Jun 2018

In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy

Another Sarabjit: Indian 'spy' dies mysteriously in Pak jail

Another Sarabjit: Indian 'spy' dies mysteriously in Pak jail

Rediff.com12 Apr 2016

Ill-fated Kirpal from Gurdaspur has reportedly been acquitted of bomb blast charges by the Lahore high court but his death sentence could not be commuted because of unknown reasons.

CBDT probes 50 IRS officers for suggesting to tax super-rich

CBDT probes 50 IRS officers for suggesting to tax super-rich

Rediff.com26 Apr 2020

In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.

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.

PM surveys flood-hit Kerala, grants Rs. 500 cr emergency aid

PM surveys flood-hit Kerala, grants Rs. 500 cr emergency aid

Rediff.com18 Aug 2018

An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.

RBI tells PNB to pay up LoU dues to other banks

RBI tells PNB to pay up LoU dues to other banks

Rediff.com16 Feb 2018

RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.

Of Gaurakshaks and data privacy

Of Gaurakshaks and data privacy

Rediff.com12 Oct 2018

What if the digital records of a food delivery service are leaked? What if a tech-savvy gaurakshak scans those records and discovers who the beef-eaters are? What happens next? Devangshu Datta highlights the risks posed by leaks of digital databases.

Homebuyers turn to God for help in getting flats

Homebuyers turn to God for help in getting flats

Rediff.com31 Aug 2017

Thousands of homeowners across housing projects owned by Jaypee Infratech and the Amrapali Group are running out of options. Jaypee Infratech and Amrapali are among the 12 big corporate loan defaulters against which the RBI has ordered initiation of insolvency proceedings.

KFA-IDBI case: ED files charge sheet against Mallya, others

KFA-IDBI case: ED files charge sheet against Mallya, others

Rediff.com14 Jun 2017

The agency has stated in detail in the charge sheet how funds of about Rs 400 crore were moved abroad in alleged violation of rules.

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.

Maha records 25 COVID-19 deaths in 24 hrs; 9 in Mumbai

Maha records 25 COVID-19 deaths in 24 hrs; 9 in Mumbai

Rediff.com9 Apr 2020

"Both the number of new patients and that of deaths are highest for a single day so far," an official said. 79 persons tested positive for COVID-19 during the day, taking the number of such cases in the country's financial capital to 775, the civic body said.

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.

NDTV's Prannoy Roy booked for FDI norms violation

NDTV's Prannoy Roy booked for FDI norms violation

Rediff.com22 Aug 2019

It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.

Paramilitary forces waiting on govt to decide on OROP-like demand

Paramilitary forces waiting on govt to decide on OROP-like demand

Rediff.com27 Oct 2015

With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.

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.

IS recruit Abu got 'scholarship' from Zakir Naik's NGO: NIA

IS recruit Abu got 'scholarship' from Zakir Naik's NGO: NIA

Rediff.com22 Nov 2016

Abu Anas was arrested by the NIA in January for allegedly planning to carry out a terror strike ahead of Republic Day.

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.

The greatest threat to our democracy post 1975

The greatest threat to our democracy post 1975

Rediff.com19 Feb 2020

'Refusing to implement the CAA-NRC, as some states have done via resolutions in state assemblies, is a violation of the Constitution; an attempt to alter the fundamental structure of our democracy and a recipe for anarchy,' argues Vivek Gumaste.

Companies bag Rs 5000 crore 'Make in India' contracts

Companies bag Rs 5000 crore 'Make in India' contracts

Rediff.com4 Apr 2018

One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails

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

5 arrested after cops raid homes of Left-wing activists across states

5 arrested after cops raid homes of Left-wing activists across states

Rediff.com28 Aug 2018

The raids were carried out as part of a probe into the violence between Dalits and the upper caste Peshwas at Koregaon-Bhima village near Pune after an event called Elgar Parishad, or conclave, on December 31 last year.

Real purpose of SGM is to undermine us: COA writes to BCCI

Real purpose of SGM is to undermine us: COA writes to BCCI

Rediff.com5 Jun 2018

The BCCI secretary after requisition from 20 affiliated units had issued a circular to conduct a SGM in New Delhi, in order to discuss policy matters with regards to decisions taken by the Vinod Rai-led committee.

Jan-Dhan not perfect, but its progress is laudable

Jan-Dhan not perfect, but its progress is laudable

Rediff.com5 May 2016

The government scheme has a long way to go before its ultimate goals of universal financial inclusion and financial literacy are achieved.

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.

Sri Lanka bowling coach banned, skipper Mathews to meet police

Sri Lanka bowling coach banned, skipper Mathews to meet police

Rediff.com19 Jan 2016

Sri Lanka captain Angelo Mathews will appear before police on Tuesday to record a statement in connection with a match-fixing scandal that has led to the suspension of a fast bowling coach.

Farmer's kin claim his suicide was due to stress over crop loss

Farmer's kin claim his suicide was due to stress over crop loss

Rediff.com22 Apr 2015

The family of the farmer from Rajasthan, who on Wednesday committed suicide at a public rally in the national capital, claimed that he took the extreme step due to "unexpected loss" of his crops.

Infosys says it has nothing to hide on severance pay to former CFO Rajiv Bansal

Infosys says it has nothing to hide on severance pay to former CFO Rajiv Bansal

Rediff.com21 Oct 2016

Rajiv Bansal's severance payment was Rs 17.38 crore

'Kaha ghotala hua hain batao': Lalu dismisses IT raids

'Kaha ghotala hua hain batao': Lalu dismisses IT raids

Rediff.com19 May 2017

Lalu expressed his resolve to unite the opposition against Bharatiya Janata Party in the next general election.

Ex-RBI Governor to join Singapore B-school as visiting fellow

Ex-RBI Governor to join Singapore B-school as visiting fellow

Rediff.com1 May 2014

In his new role, Subbarao will take part in various activities at NUS Business School, the Institute of South Asian Studies and the Monetary Authority of Singapore.

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.

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.

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.

Why is UIDAI cracking down on individuals hoarding Aadhaar data?

Why is UIDAI cracking down on individuals hoarding Aadhaar data?

Rediff.com13 Apr 2016

Private firms' offer to print Aadhaar details on plastic card a breach of law

Rs 10cr cash, 10kg gold found at UP babu's home

Rs 10cr cash, 10kg gold found at UP babu's home

Rediff.com20 Apr 2017

It has conducted searches against four bureaucrats based in Uttar Pradesh and Uttarakhand over the last three days.

Football's reputation at stake! Swiss police raid UEFA headquarters

Football's reputation at stake! Swiss police raid UEFA headquarters

Rediff.com7 Apr 2016

Swiss police raided the headquarters of the European soccer body UEFA on Wednesday to gather information about a contract signed by Gianni Infantino, now head of the global soccer body FIFA, that was reported in the Panama Papers.

13 cities in India among world's most polluted

13 cities in India among world's most polluted

Rediff.com21 Feb 2015

Pollution is impacting the lifespan of Indians.

Artificial Intelligence: 5 things every job-seeker should know

Artificial Intelligence: 5 things every job-seeker should know

Rediff.com26 Jun 2018

It won't take away your jobs. It won't destroy you.