News for 'Financial Services Authority'

Government appoints Ajay Bhushan Pandey as UIDAI chief

Government appoints Ajay Bhushan Pandey as UIDAI chief

Rediff.com21 Jul 2016

Pandey is a Maharashtra cadre IAS officer of 1984 batch.

India, Pakistan, Taliban On Same Page?

India, Pakistan, Taliban On Same Page?

Rediff.com30 Nov 2021

Delhi has come to accept the Taliban takeover in Kabul as a reality and seems increasingly unsure of its dogmatic view of the Taliban as a mere proxy of the Pakistani military and security establishment, observes Ambassador M K Bhadrakumar.

IRCTC enters top-100 m-cap league

IRCTC enters top-100 m-cap league

Rediff.com26 Feb 2020

With an m-cap of Rs 31,744 crore, IRCTC stood at 96th position in the overall market capitalisation ranking, the BSE data shows.

El Nino impact, slow growth are hurdles for new govt: Report

El Nino impact, slow growth are hurdles for new govt: Report

Rediff.com9 May 2014

Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.

The $30 bn Sale & Leaseback of India's Internet Economy

The $30 bn Sale & Leaseback of India's Internet Economy

Rediff.com23 Jul 2020

India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.

New NPA rules: Trouble brewing for large defaulters

New NPA rules: Trouble brewing for large defaulters

Rediff.com14 Feb 2018

Experts said the new framework has ensured that the focus has moved to creditor protection from debtor protection.

Note ban raises Bitcoin hopes, but RBI plays safe

Note ban raises Bitcoin hopes, but RBI plays safe

Rediff.com13 Dec 2016

Exchanges believe its legal status may now change, with the government pushing for digitised transactions.

Modi's socio-nomics starts to pay off

Modi's socio-nomics starts to pay off

Rediff.com16 Nov 2021

Here's what could be ahead for India: A $10-trillion economy by 2030-32, a Sensex at 1,00,000 by 2025, monthly GST revenues at Rs 2 trillion by 2024-25, 100 new unicorns by 2025, and poverty below 5 per cent by 2030, predicts R Jagannathan.

Markets end lower ahead of US Fed meet

Markets end lower ahead of US Fed meet

Rediff.com18 Jun 2013

Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.

5 secrets to have a happy and meaningful 2019

5 secrets to have a happy and meaningful 2019

Rediff.com17 Dec 2018

From Rihanna to Michael Bloomberg, get inspired from the best.

Sheena Bora Trial: Is Rahul afraid of Indrani?

Sheena Bora Trial: Is Rahul afraid of Indrani?

Rediff.com24 Jun 2022

'She seems to have disappeared off the face of the planet after telling different people different things.'

Telecom industry under tremendous stress; tariffs need to go up: Sunil Mittal

Telecom industry under tremendous stress; tariffs need to go up: Sunil Mittal

Rediff.com1 Jul 2021

Bharti Airtel chairman Sunil Mittal on Thursday said tariffs need to go up amid "tremendous stress" in the telecom sector, and Airtel will not hesitate to raise prices, but it will not do so unilaterally. The comments by the telecom czar came at a time when Airtel's rival Vodafone Idea has approached the government for a one-year moratorium on payment of spectrum instalment of over Rs 8,200 crore - due in April 2022. Cash-strapped VIL has told the telecom department that while it is working on raising new funding for the last six months, "investors are not willing to invest in the company because they believe that unless there is a significant improvement in consumer tariffs, the health of the industry will not recover and they will incur a loss on their investment".

Essar Steel: A perverse bankruptcy judgment

Essar Steel: A perverse bankruptcy judgment

Rediff.com30 Jul 2019

The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.

SC upholds decision to keep DND flyway toll-free

SC upholds decision to keep DND flyway toll-free

Rediff.com11 Nov 2016

"We refuse to grant any relief," the SC said.

'Disability pension of armed force was being misused'

'Disability pension of armed force was being misused'

Rediff.com7 Jul 2019

'What happened was that over a period of time, the data analytics showed that many were claiming it and that it was being misused'

Ericsson sees $27bn revenue from 5G for India, but at a cost

Ericsson sees $27bn revenue from 5G for India, but at a cost

Rediff.com18 Nov 2018

While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.

UK media watchdog fines Khalsa TV for violence, terror references

UK media watchdog fines Khalsa TV for violence, terror references

Rediff.com13 Feb 2021

Its order also includes a direction for the channel to broadcast a statement of Ofcom's findings on a date and in a form to be determined by the watchdog and also for KTV not to repeat the music video or the discussion programme found in breach of its rules.

'Married, but involved with another girl'

'Married, but involved with another girl'

Rediff.com13 Apr 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

Banks, end KYC-account freeze nonsense

Banks, end KYC-account freeze nonsense

Rediff.com7 May 2021

While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.

NCLT asks telecom department not to terminate Aircel's license and spectrum

NCLT asks telecom department not to terminate Aircel's license and spectrum

Rediff.com29 Nov 2019

The tribunal accepted the government's argument that licence or spectrum is a state asset over which Aircel had no right of ownership.

GIFT City expects relief from the companies law

GIFT City expects relief from the companies law

Rediff.com2 Mar 2016

The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres

States may now spend up to 50% of disaster funds to fight Covid

States may now spend up to 50% of disaster funds to fight Covid

Rediff.com24 Sep 2020

The move came after Prime Minister Narendra Modi told chief ministers of the seven worst affected states on Wednesday that his government has increased the states' limit to spend the SDRF to boost infrastructure to fight the pandemic.

Bidding for spectrum auction to start from March 1

Bidding for spectrum auction to start from March 1

Rediff.com6 Jan 2021

Bidding for the sixth round of spectrum auction for radiowaves worth Rs 3.92 lakh crore will start from March 1, according to a notice issued by the Department of Telecom on Wednesday. The long-awaited spectrum auction is being held after a gap of four years and over two years after the Telecom Regulatory Authority of India (Trai) calculated and recommended base price for the radiowaves. The DoT has fixed January 12 for the pre-bid conference and January 28 as the last date for seeking clarification to the notice.

'Gold will be the best asset class to invest in 2019'

'Gold will be the best asset class to invest in 2019'

Rediff.com24 Jul 2019

'Gold could return 10% to 12% in the next two-three years.'

ASK ANU: I've been sleeping with my best friend'

ASK ANU: I've been sleeping with my best friend'

Rediff.com4 Jul 2022

Mental health and life coach Anu Krishna tells you how to take control of your life.

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.

Of power, privatisation and politics

Of power, privatisation and politics

Rediff.com26 Aug 2021

As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.

Why are foreign banks marching out of retail banking?

Why are foreign banks marching out of retail banking?

Rediff.com27 Mar 2022

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.

Markets end in green as Fed rate hike fears dim

Markets end in green as Fed rate hike fears dim

Rediff.com18 Aug 2016

Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank

PMO to review cash transfer for gas subsidy

PMO to review cash transfer for gas subsidy

Rediff.com22 Oct 2014

Govt expects to save Rs 10,000 crore through this move.

US SEC to seek Sebi's cooperation 'crack' Infosys case

US SEC to seek Sebi's cooperation 'crack' Infosys case

Rediff.com25 Oct 2019

Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in a federal court in the US, based on the generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit.

LIC has invested Rs 55,000 cr in equity market

LIC has invested Rs 55,000 cr in equity market

Rediff.com9 Dec 2020

'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'

Lesser-known firms set to make a mark in oil and gas sector

Lesser-known firms set to make a mark in oil and gas sector

Rediff.com22 Jun 2021

India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.

Govt starts audit of FY18 GST returns

Govt starts audit of FY18 GST returns

Rediff.com9 Jan 2020

The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three.

Markets end flat; SBI gains over 2% as banking stocks rally

Markets end flat; SBI gains over 2% as banking stocks rally

Rediff.com9 Dec 2016

Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session

Markets gather pace on first day of Dec F&O series; banks, metals rise

Markets gather pace on first day of Dec F&O series; banks, metals rise

Rediff.com27 Nov 2015

The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.

'My father-in-law dominates our life. Pls help'

'My father-in-law dominates our life. Pls help'

Rediff.com5 Aug 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

US Is Back In Business In Afghanistan

US Is Back In Business In Afghanistan

Rediff.com13 Oct 2021

Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.

Indian hedge funds beat their peers in other emerging markets

Indian hedge funds beat their peers in other emerging markets

Rediff.com28 Dec 2020

The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.

1% GST in cash: FinMin clarifies on why it was necessary

1% GST in cash: FinMin clarifies on why it was necessary

Rediff.com28 Dec 2020

This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.