News for 'Funds Transfer Scheme'

How to make unsmart cities smart

How to make unsmart cities smart

Rediff.com10 Sep 2014

The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.

The mystery behind the Rs 3 lakh crore deposits in 15 days

The mystery behind the Rs 3 lakh crore deposits in 15 days

Rediff.com9 Dec 2016

The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.

What PM told the nation: 'Secrecy was essential for this action'

What PM told the nation: 'Secrecy was essential for this action'

Rediff.com9 Nov 2016

Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

Rediff.com29 Dec 2014

SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.

Opposition calls the Budget 'anti-poor, anti-middle class'

Opposition calls the Budget 'anti-poor, anti-middle class'

Rediff.com28 Feb 2015

Opposition calls the Budget 'hollow and plain'.

Fighting black money: Modi has failed to keep his promise

Fighting black money: Modi has failed to keep his promise

Rediff.com11 Apr 2016

In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.

Modi's search for an economic ideology

Modi's search for an economic ideology

Rediff.com10 Mar 2015

The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.

Two years of Modi: How the govt has fared in 7 key areas

Two years of Modi: How the govt has fared in 7 key areas

Rediff.com22 Jul 2016

'Success will require political skill, not just economic expertise'

Abhijit Banerjee and the mystique of the Nobel Prize

Abhijit Banerjee and the mystique of the Nobel Prize

Rediff.com2 Nov 2019

Does Abhijit Banerjee's Nobel Prize help India reduce extreme poverty, asks Rajeev Srinivasan.

Lies being spread on land bill by 'perverted minds': Modi

Lies being spread on land bill by 'perverted minds': Modi

Rediff.com19 Apr 2015

Only national service can save the nation, and not politics: Modi

What is the future of GST?

What is the future of GST?

Rediff.com30 Jul 2019

With less than five months left for the report of the Fifteenth Finance Commission to be submitted, its chairman N K Singh said the report will have fiscal road map for states, depending on their current situation.

Scam helped Rose Valley create Rs 2,500-cr assets

Scam helped Rose Valley create Rs 2,500-cr assets

Rediff.com9 Apr 2015

Rose Valley is one of the biggest money businesses after Sahara.

Sebi makes fresh bid to find Sahara investors; sets deadline

Sebi makes fresh bid to find Sahara investors; sets deadline

Rediff.com24 Aug 2014

Sebi sets Sept 30 deadline to apply for Sahara refund

Economic Survey: National Solar Mission scaled up 5-fold to 100,000 MW

Economic Survey: National Solar Mission scaled up 5-fold to 100,000 MW

Rediff.com27 Feb 2015

2015 is going to witness new agreements on climate change.

FinMin, watchdogs worried about Sahara-NSEL ties

FinMin, watchdogs worried about Sahara-NSEL ties

Rediff.com22 Aug 2013

The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.

The only purpose note ban served

The only purpose note ban served

Rediff.com4 Sep 2017

With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?

Banks should pass on the rate benefit to customers: Shaktikanta Das

Banks should pass on the rate benefit to customers: Shaktikanta Das

Rediff.com5 Aug 2019

Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.

'Citibank is more optimistic than RBI'

'Citibank is more optimistic than RBI'

Rediff.com16 Jul 2015

'This is clearly a much stronger government, a much strong Prime Minister's Office and a much more disciplined approach. There is an improvement of the work culture in the government -- people don't play golf in the mornings anymore. There is a huge attempt going on to making business easier,' says Rakesh Mohan, executive director at the IMF.

PlanCom struggles with the big picture

PlanCom struggles with the big picture

Rediff.com15 May 2014

Since 2004, Montek Singh Ahluwalia, one of the commission's longest serving deputy chairmen, has been trying to mould it to fit into the new economic order, without much to show for his efforts.

'Economists are talking nonsense:' HDFC Bank MD

'Economists are talking nonsense:' HDFC Bank MD

Rediff.com30 Nov 2016

'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'

The three parties get battle-ready

The three parties get battle-ready

Rediff.com22 Jan 2014

The Congress,BJP and AAP have carved out clear constituencies for themselves. Some of them may overlap with one another, but they seem to have positioned themselves well, says A K Bhattacharya.

Revealed! 628 Indians hold Rs 4,479-cr dirty money in a Swiss bank

Revealed! 628 Indians hold Rs 4,479-cr dirty money in a Swiss bank

Rediff.com12 Dec 2014

Out of these, no balance has been found in case of 289 accounts

How festering issues led to shutdown of a university

How festering issues led to shutdown of a university

Rediff.com16 Dec 2013

Madurai Kamaraj University in Tamil Nadu, which has been rocked by student protests over the last few days, closed down two days ago. A Ganesh Nadar visits the campus to find out what went wrong.

Budget not excellent but just above average

Budget not excellent but just above average

Rediff.com12 Mar 2015

This Budget plans for an increase to 10.3% of GDP from 9.9%.

Why girls start dropping out of school in class 9

Why girls start dropping out of school in class 9

Rediff.com26 Oct 2013

Education is not simply a private affair whereby we can say that good money buys good education and little money buys not-so-good education, says Shubhashis Gangopadhyay

Wanted! Clean energy investors

Wanted! Clean energy investors

Rediff.com19 Apr 2016

Renewable energy is mistakenly restricted to electricity.

Growth in India is dependent on pace of reforms: CLSA

Growth in India is dependent on pace of reforms: CLSA

Rediff.com20 Aug 2014

China's economy is in transition, with rising wage costs and massive overcapacity.

Budget: IT exemption limit may be raised to Rs 5 lakh

Budget: IT exemption limit may be raised to Rs 5 lakh

Rediff.com7 Jun 2019

'We have promised to ensure reduced tax rates.'

Oil ministry to cut ONGC's subsidy burden, adjust its cess payment

Oil ministry to cut ONGC's subsidy burden, adjust its cess payment

Rediff.com8 Dec 2014

According to a new subsidy sharing formula, the payout of upstream oil producers like ONGC is to be reduced to the extent of Rs 4,500 per tonne oil development cess they pay to the government, sources privy to the development said.

Voda-Idea merger: Breaking down the numbers

Voda-Idea merger: Breaking down the numbers

Rediff.com20 Mar 2017

The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.

Budget 2016 shows Modi is a reformer in retreat

Budget 2016 shows Modi is a reformer in retreat

Rediff.com1 Mar 2016

The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.

Modi's Budget, in policy shift, to focus on rural India

Modi's Budget, in policy shift, to focus on rural India

Rediff.com29 Feb 2016

Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.

Modi@1: Disappointing record on security

Modi@1: Disappointing record on security

Rediff.com18 May 2015

'There is simply no evidence of any new or clear policy direction in internal security, and mounting evidence of policy incoherence.' 'Worse, the promise of giving the common man -- and, more importantly, woman -- a greater sense of security has been utterly belied. Indeed, with an escalation of communal posturing and rhetoric, there is a broader sense of uncertainty,' says Ajai Sahni.

Rediff Q: Will this Budget be a gamechanger?

Rediff Q: Will this Budget be a gamechanger?

Rediff.com1 Feb 2017

Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.

How does a falling rupee affect you?

How does a falling rupee affect you?

Rediff.com18 May 2015

There are some advantages of a falling rupee.

Whatever happened to Jaitley's single demat idea?

Whatever happened to Jaitley's single demat idea?

Rediff.com30 Jan 2017

Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.

Layoffs rampant in India? Read how other nations deal with it

Layoffs rampant in India? Read how other nations deal with it

Rediff.com17 Jun 2015

Temporary workers not only lack job security, they get less pay and an inferior overall package.

FULL TEXT of PM's address to the nation

FULL TEXT of PM's address to the nation

Rediff.com31 Dec 2016

The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.

Kejriwal's 'swaraj', a year on

Kejriwal's 'swaraj', a year on

Rediff.com15 Feb 2016

From his run-ins with the Centre to his political knack to sail through choppy waters, the Delhi CM has shown uncommon talent in running a 'common man's' government.

'Our children have only hunger written in their destiny'

'Our children have only hunger written in their destiny'

Rediff.com8 Oct 2016

In villages in Palghar district -- in Mumbai's backyard -- more than 254 children have died from malnutrition.