News for 'Indian Revenue Service'

Tips to crack Civil Services exam

Tips to crack Civil Services exam

Rediff.com21 Sep 2011

P Gopakumar, Asst Commissioner of Customs & Central Excise, Indian Revenue Service, Bangalore suggests some useful strategies to crack Civil services mains.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.

UPSC civil services exam to be held on August 24

UPSC civil services exam to be held on August 24

Rediff.com20 May 2014

The Union Public Service Commission (UPSC) preliminary examination is scheduled to be held on August 24.

Quick-service restaurants look to serve up new menus to deal with slump

Quick-service restaurants look to serve up new menus to deal with slump

Rediff.com2 Aug 2024

In the first quarter (Q1) of the ongoing financial year ending June 30, Westlife Foodworld, which operates McDonald's outlets in the South and West, reported an 88 per cent drop in net profit. While net sales remained flat, its same-store sales growth (SSSG) fell by 6.7 per cent, impacted by "subdued in-store business, although the off-premise segment saw positive same-store sales", the company said.

What Will RBI Governor's Agenda Be?

What Will RBI Governor's Agenda Be?

Rediff.com10 Dec 2024

As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street.

'Will It Be All-Out War? Or A Punitive Strike?'

'Will It Be All-Out War? Or A Punitive Strike?'

Rediff.com1 May 2025

'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'

US reciprocal tariffs to have limited impact on India: S&P

US reciprocal tariffs to have limited impact on India: S&P

Rediff.com19 Feb 2025

S&P Global Ratings on Wednesday said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports. YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.

India Inc profits crawl as sales stay sluggish

India Inc profits crawl as sales stay sluggish

Rediff.com24 Feb 2025

Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.

No knowledge: K'taka DGP on stepdaughter Ranya Rao's role in gold smuggling

No knowledge: K'taka DGP on stepdaughter Ranya Rao's role in gold smuggling

Rediff.com6 Mar 2025

The Director General of Police (DGP) of the Karnataka State Police Housing Corporation, Ramachandra Rao, has denied any knowledge of his stepdaughter Ranya Rao's alleged involvement in gold smuggling. Rao expressed deep distress over the incident, saying his reputation has been tarnished irreparably. He emphasised his lifelong dedication to honesty, integrity and discipline, and said his commitment to public service has always been his priority. Rao said he had no knowledge of the situation unfolding in his life and asked for fairness towards himself and his family. The DGP assured that if any laws were violated by Ranya, legal action would be taken.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

Guess which sector can actually gain from US tariff war?

Guess which sector can actually gain from US tariff war?

Rediff.com23 Apr 2025

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.

Congress must be party of hope, not resentment: Tharoor

Congress must be party of hope, not resentment: Tharoor

Rediff.com9 Apr 2025

Senior Congress leader Shashi Tharoor on Wednesday urged the party to be a party of hope, not resentment, a party of the future not just of the past, and a party with a positive narrative and not just criticism. He also slammed the BJP for trying to divide North from South, emphasizing the need for inclusivity and national harmony. Tharoor highlighted the importance of economic growth and equitable distribution of its benefits, calling for the Congress to remain the voice of the voiceless.

How to crack Civil Services exam 2011

How to crack Civil Services exam 2011

Rediff.com28 Sep 2011

In an online chat with readers on September 23, expert P Gopakumar, Asst Commissioner of Customs & Central Excise, Indian Revenue Service, Bangalore addressed reader queries related to cracking the Civil services exam 2011. For those who missed the live chat, here's the unedited transcript.

Events that shaped Indian businesses in 2024

Events that shaped Indian businesses in 2024

Rediff.com1 Jan 2025

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

Rediff.com6 Mar 2025

Kannada actress Ranya Rao's frequent trips to Dubai have come under intense scrutiny following her arrest for allegedly smuggling gold into India.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

Kerala girl tops civil services exams

Kerala girl tops civil services exams

Rediff.com4 May 2013

The IRS officer posted in Faridabad thought her friends were pulling her leg.

Sameer Wankhede claims he and wife getting death threats

Sameer Wankhede claims he and wife getting death threats

Rediff.com22 May 2023

The CBI recently filed an FIR against Wankhede for allegedly seeking Rs 25 crore bribe for not framing the SRK's son Aryan Khan in the drugs-on-cruise case.

What If China, America Make Up?

What If China, America Make Up?

Rediff.com13 Feb 2025

Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.

Meet Nirmalaji's Budget Team

Meet Nirmalaji's Budget Team

Rediff.com30 Jan 2025

This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.

The Great Indian Wedding Season

The Great Indian Wedding Season

Rediff.com4 Oct 2024

With November 22, 23 and 24 being among the most auspicious dates for marriage this year, hotels across the country are all booked, as are wedding-related ancillary services.

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

TaMo in driver's seat to combat headwinds

TaMo in driver's seat to combat headwinds

Rediff.com20 Mar 2025

Automobile giant Tata Motors' shares were in demand on Wednesday as the stock rallied as much as 3.69 per cent to hit an intraday high of Rs 671.80 per share, before settling 3.18 per cent higher at Rs 668.45. By comparison, the BSE Sensex settled 0.10 per cent, or 72.56 points, lower at 74,029.76.

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

IT Firms to Offer 3-6% Hikes

IT Firms to Offer 3-6% Hikes

Rediff.com17 Feb 2025

IT attrition rate is expected to be around 12% to 13% this year.

New RBI Guv promises to do 'what is best for the economy'

New RBI Guv promises to do 'what is best for the economy'

Rediff.com11 Dec 2024

A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy. "Let me first go, join, understand the turf ... Here it is a different role," Malhotra said, speaking to reporters in front of North Block.

After 3 years, a bureaucrat to head Sebi

After 3 years, a bureaucrat to head Sebi

Rediff.com28 Feb 2025

Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

Want A US Visa? Pray to Lord Hanuman!

Want A US Visa? Pray to Lord Hanuman!

Rediff.com20 Feb 2025

As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.

US sanctions hit Russian oil supply to India; March supplies may be hit

US sanctions hit Russian oil supply to India; March supplies may be hit

Rediff.com23 Jan 2025

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

Sameer Wankhede's eventful NCB stint to end on Dec 31

Sameer Wankhede's eventful NCB stint to end on Dec 31

Rediff.com17 Dec 2021

The tenure of Indian Revenue Service officer Sameer Wankhede with the Narcotics Control Bureau, which was marked by controversy, would end on December 31, official sources said on Friday.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

IT aims for the sky after Accenture's Q4 results

IT aims for the sky after Accenture's Q4 results

Rediff.com5 Oct 2024

Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.

'GST Council Should Jack Up Rates'

'GST Council Should Jack Up Rates'

Rediff.com30 Nov 2024

'Rates go up, revenues go up, and the need for compensation diminishes.'

Sensex rises 227 points on buying in blue-chip stocks

Sensex rises 227 points on buying in blue-chip stocks

Rediff.com30 Jan 2025

From the 30-share blue-chip pack, Bharti Airtel, Power Grid, Bajaj Finance, Nestle, Mahindra & Mahindra, Reliance Industries, Asian Paints, IndusInd Bank, Hindustan Unilever and HDFC Bank were the biggest gainers. Bajaj Finance climbed nearly 2 per cent after the company reported an 18 per cent increase in its consolidated net profit to Rs 4,308 crore for the December quarter.

The defence Budget for this year is...

The defence Budget for this year is...

Rediff.com1 Feb 2025

Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.

Factors that will support credit access of India Inc in FY26

Factors that will support credit access of India Inc in FY26

Rediff.com13 Jan 2025

Fitch Ratings on Monday said India's steady GDP growth outlook, improved banking sector's financial health and expected interest-rate cuts in 2025 will support credit access for corporates in FY26.