News for 'Indian Revenue Service'

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

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.

Rain wreaks havoc in Kerala; floods houses, disrupts power

Rain wreaks havoc in Kerala; floods houses, disrupts power

Rediff.com30 May 2025

Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

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.

Indian IT firms to see revenue decelerate by 5%: S&P Global Ratings

Indian IT firms to see revenue decelerate by 5%: S&P Global Ratings

Rediff.com25 May 2023

Macroeconomic (macro) concerns, along with a cautious approach towards discretionary information technology (IT) spending, will see the revenue for Indian IT firms decelerate by 5 per cent through 2024-25 (FY25), from the highs of 12-18 per cent in 2022-23, said analysts from S&P Global Ratings. "The reason behind this slow growth is a macro slowdown. "Customers are cutting their discretionary IT spending, especially on projects that take longer to deliver quantifiable outcomes. "We also acknowledge that there are still strong economic headwinds for the next few years," said Spencer Ng, associate director, corporate ratings, S&P Global Ratings, over a call in a media briefing.

IT stocks bleed: Nifty IT at 9-mth low

IT stocks bleed: Nifty IT at 9-mth low

Rediff.com13 Mar 2025

Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.

Red alert in many states as monsoon covers India; 2 killed U'khand

Red alert in many states as monsoon covers India; 2 killed U'khand

Rediff.com29 Jun 2025

The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.

Not All Need Subsidies: Finance Secy

Not All Need Subsidies: Finance Secy

Rediff.com31 Mar 2025

'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Rediff.com2 May 2025

Bajaj Finance, IndusInd Bank, State Bank of India, Maruti, Tata Motors, ITC, Tata Steel and Reliance Industries were also among the gainers. Nestle, NTPC, Kotak Mahindra Bank, Power Grid and Titan were among the laggards.

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.

Starlink deal: What it actually means for Airtel, RIL

Starlink deal: What it actually means for Airtel, RIL

Rediff.com14 Mar 2025

India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains

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.

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.

Sunita or Atishi, who will replace Kejriwal as Delhi CM?

Sunita or Atishi, who will replace Kejriwal as Delhi CM?

Rediff.com15 Sep 2024

Chief Minister Arvind Kejriwal's unexpected announcement to resign after two days kicked up a strong buzz on Sunday over the names of his wife Sunita and his ministers Atishi and Gopal Rai as his possible replacement.

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.

What does Delhi loss mean for aam aadmi CM Kejriwal?

What does Delhi loss mean for aam aadmi CM Kejriwal?

Rediff.com8 Feb 2025

The Aam Aadmi Party (AAP), led by Arvind Kejriwal, suffered a major setback in the Delhi Assembly elections, losing to the Bharatiya Janata Party (BJP). The loss marks a significant blow to Kejriwal's national ambitions and raises questions about the future of the party. The AAP had been in power in Delhi for the past 10 years and had also formed a government in Punjab. Despite the defeat, the party still holds 13 MPs from Punjab and Delhi. The article examines the factors that contributed to the AAP's defeat, including allegations of corruption, poor civic facilities, and the BJP's relentless attacks. It also explores the impact of the loss on Kejriwal's national aspirations and the party's future.

As Election Nears, Patna Gets Metro Boost

As Election Nears, Patna Gets Metro Boost

Rediff.com29 May 2025

The metro, it seems, is politics-proof -- even if it comes at a high cost.

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rediff.com3 Jun 2025

So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.

How Indian Weddings Got So Big, Glitzy

How Indian Weddings Got So Big, Glitzy

Rediff.com20 Nov 2024

What was once a solemn Vedic ritual is today a celebration for the entire extended family. And why not? With families living in distant cities, even continents, weddings are seen as an occasion for cousins and uncles to congregate under one roof for two or three days, observes Ambi Parmeswaran.

'If You're Chewing Gum, That's Plastic'

'If You're Chewing Gum, That's Plastic'

Rediff.com5 Jun 2025

'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'

GST collections indicate economic revival, say experts

GST collections indicate economic revival, say experts

Rediff.com1 Mar 2025

Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Rediff.com4 Apr 2025

Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

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.

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 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.

Majority of iPhones sold in US will be made in India: Tim Cook

Majority of iPhones sold in US will be made in India: Tim Cook

Rediff.com2 May 2025

Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.

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.

AI Redefines India's IT Workforce

AI Redefines India's IT Workforce

Rediff.com15 Apr 2025

'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'

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.

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.

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.

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.

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 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.'

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.

'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.

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.