News for 'Immediate Payment Service'

RBI's priority lending norms may not mean quick relief for start-ups

RBI's priority lending norms may not mean quick relief for start-ups

Rediff.com14 Sep 2020

Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.

How to deal with different scores from credit bureaus

How to deal with different scores from credit bureaus

Rediff.com7 Sep 2016

If variation is over 50 points, write to the bank and bureau immediately to correct the discrepancy

Postmen to carry GPS devices from next week

Postmen to carry GPS devices from next week

Rediff.com26 Dec 2015

GPS devices will enable real-time money transactions

2 days after Cyclone Vardah, Chennai picks up the pieces

2 days after Cyclone Vardah, Chennai picks up the pieces

Rediff.com14 Dec 2016

While flight operations have already resumed, inter-intra state train services also were partially operating since Tuesday night, they said.

Why liquid funds are better than savings accounts for idle cash

Why liquid funds are better than savings accounts for idle cash

Rediff.com11 May 2017

When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.

When an American professor worked at the RBI...

When an American professor worked at the RBI...

Rediff.com10 Aug 2020

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.

Exporters want Budget to address slow tax refunds

Exporters want Budget to address slow tax refunds

Rediff.com25 Jan 2020

With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.

Paying online? Beware of free Wi-Fi

Paying online? Beware of free Wi-Fi

Rediff.com5 Oct 2018

Do not share your passwords or personal information with anyone.

Govt used GST compensation cess elsewhere, violated law: CAG

Govt used GST compensation cess elsewhere, violated law: CAG

Rediff.com25 Sep 2020

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Rediff.com3 Sep 2020

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.

Small traders hit by note ban, pain to linger for 3 quarters

Small traders hit by note ban, pain to linger for 3 quarters

Rediff.com11 Jan 2017

In 50 days, 60% of the work force was let off in retail, agri, textile and other sectors.

Body parts wash ashore next to Rio Olympic venue

Body parts wash ashore next to Rio Olympic venue

Rediff.com30 Jun 2016

Parts of a mutilated body washed up on the sands of Copacabana Beach in Rio de Janeiro on Wednesday, police said, just meters (yards) from where beach volleyball athletes will compete in the upcoming Olympics.

How govt plans to untangle the telecom mess

How govt plans to untangle the telecom mess

Rediff.com30 Oct 2019

Analysts have pointed out that with the dues arising out of the SC judgment there could soon be only two private telcos in the country, and not three - Reliance Jio, Bharti Airtel and Vodafone Idea - as now.

6 more airports to be auctioned under PPP model: FM

6 more airports to be auctioned under PPP model: FM

Rediff.com16 May 2020

These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.

Upset about bank fee on cash transactions?

Upset about bank fee on cash transactions?

Rediff.com14 Mar 2017

Don't fret, says Tinesh Bhasin.

How a police raid in February led to Raj Kundra

How a police raid in February led to Raj Kundra

Rediff.com22 Jul 2021

Five people in the know narrate the sordid story that is fast exploding into a pornography scandal, allegedly involving businessman Raj Kundra.

GSTN: The solution to India's tax problems

GSTN: The solution to India's tax problems

Rediff.com30 Jan 2016

'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.

Moody's raises red flag on demonetisation impact in short term

Moody's raises red flag on demonetisation impact in short term

Rediff.com24 Nov 2016

Moody's said implementation challenges, in addition to affecting growth and government revenues, will impact corporates by lowering sales volumes and cash flows.

EBay to spin off PayPal in 2015

EBay to spin off PayPal in 2015

Rediff.com30 Sep 2014

The board finally gives into the demands by activist investor Carl Icahn.

Boeing lease rates like to rise over MAX grounding

Boeing lease rates like to rise over MAX grounding

Rediff.com18 Mar 2019

Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.

Diageo to 'review' Tribunal order, says $40mn paid to Mallya

Diageo to 'review' Tribunal order, says $40mn paid to Mallya

Rediff.com11 Mar 2016

As part of their deal Diageo agreed to pay Mallya, $75 million for stepping down as chairman of United Spirits and for entering into a non-compete pact

'Corporate tax cuts will affect tax collection'

'Corporate tax cuts will affect tax collection'

Rediff.com13 Dec 2019

'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.

Want to buy Life insurance and Term plan?

Want to buy Life insurance and Term plan?

Rediff.com14 Jan 2019

Cover the spouse under the same policy. A joint life plan offers assurance that one will continue to receive the same financial care in case of an unforeseen loss of a partner, advises Pankaj Razdan.

Will you pay GST twice for using credit card? 7 myths busted

Will you pay GST twice for using credit card? 7 myths busted

Rediff.com3 Jul 2017

"This is completely untrue. Please do not re-circulate such message without checking it with authority," Adhia said.

Icra downgrades Jet Airways' loan

Icra downgrades Jet Airways' loan

Rediff.com24 Aug 2014

The company has finalised a three year business plan to increase revenue and control costs.

'Hear our cry, Let 9W fly': Jet Air employees

'Hear our cry, Let 9W fly': Jet Air employees

Rediff.com18 Apr 2019

With substantial number of employees having been with Jet Airways for around 20 years, getting another job is also not easy considering the age factor and the job market situation.

SC directs approved labs to conduct free COVID-19 tests

SC directs approved labs to conduct free COVID-19 tests

Rediff.com9 Apr 2020

The top court said the private hospitals including laboratories have an important role to play in containing the scale of the pandemic by extending philanthropic services in the hour of national crisis.

What to do if your MF is exposed to DHFL

What to do if your MF is exposed to DHFL

Rediff.com25 Jul 2019

Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.

Living cashless: How I travelled to 5 cities with Rs 600

Living cashless: How I travelled to 5 cities with Rs 600

Rediff.com28 Nov 2016

Readers tell us how they are managing without cash since November 8.

OROP row: No headway yet; two more veterans moved to hospital

OROP row: No headway yet; two more veterans moved to hospital

Rediff.com27 Aug 2015

No headway was made on Thursday in resolving sticky issues for OROP implementation during talks between agitating ex-servicemen and government even as two more veterans on indefinite hunger strike were shifted to the army hospital following doctor's advice.

NBFC lending to real estate sector down 48% in FY19

NBFC lending to real estate sector down 48% in FY19

Rediff.com25 Jul 2019

this move by the government is likely to iron out the current challenges for the NBFCs and in turn help the real estate sector.

K'taka govt announces Rs 1610 cr COVID-19 package

K'taka govt announces Rs 1610 cr COVID-19 package

Rediff.com6 May 2020

The government has also hiked excise duty by 11 percent, which is in addition to the 6 per cent that was announced in the budget, he said.

Tipping, the American way of life

Tipping, the American way of life

Rediff.com13 Jul 2016

Somebody should ask Hillary Clinton and Donald Trump their views on tipping, says Kishore Singh.

Now, Thailand, Spain ban Uber

Now, Thailand, Spain ban Uber

Rediff.com9 Dec 2014

The company faces regulatory hurdles in these countries

Successful demonetisation will help up revenues in long run: World Bank

Successful demonetisation will help up revenues in long run: World Bank

Rediff.com4 Jun 2017

Successful demonetisation will help in raising revenues on sustained basis as more and more people will come under the tax net, says a World Bank report.

How to protect yourself from ransomware hackers

How to protect yourself from ransomware hackers

Rediff.com25 Jul 2017

With thousands of people receiving ransom messages from cybercriminals every day, Devangshu Dutta explains how you can defeat the hackers.

'The financial system is shaken, but safe'

'The financial system is shaken, but safe'

Rediff.com6 Mar 2020

Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.

Military logistics pact: What's that about?

Military logistics pact: What's that about?

Rediff.com1 Sep 2016

The text of the logistics defence agreement has not been made public at this point of time. But Pentagon Press Secretary Peter Cook and US Department of Defence spokesperson, Commander Gary Ross give a gist of what it's all about.

When Mallya bought Lewis Hamilton's dad's home

When Mallya bought Lewis Hamilton's dad's home

Rediff.com19 Mar 2021

This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.

IL&FS now looks at restructuring, appoints consultant

IL&FS now looks at restructuring, appoints consultant

Rediff.com30 Sep 2018

Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.