News for 'International Bank Account Number'

Money laundering: We are looking at the tip of the iceberg

Money laundering: We are looking at the tip of the iceberg

Rediff.com14 Apr 2016

Occasionally, a whistle-blower releases sensitive financial data.

What does the nation get out of the CBI?

What does the nation get out of the CBI?

Rediff.com12 Mar 2018

'What does the nation get out of the CBI's fabulous infrastructure? Very little that is useful.'

Financial inequality highest in India, China: IMF

Financial inequality highest in India, China: IMF

Rediff.com4 May 2016

Many factors have been identified as key drivers of the inequality between rural and urban areas in China and India.

Just how bad are the bad loans?

Just how bad are the bad loans?

Rediff.com10 May 2016

Not all NPAs are treated as wilful defaulters.

India's mood: 'Pessimism, confusion, sadness'

India's mood: 'Pessimism, confusion, sadness'

Rediff.com4 Jun 2020

'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'

After Aadhaar fiasco, RuPay debit card to dent the exchequer

After Aadhaar fiasco, RuPay debit card to dent the exchequer

Rediff.com1 Sep 2014

The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.

Is this a good time to invest in gold bonds?

Is this a good time to invest in gold bonds?

Rediff.com2 May 2020

You also avoid capital gains tax during redemption in case the gold price is higher, making them tax efficient.

India favours full rupee convertibility to become top economy

India favours full rupee convertibility to become top economy

Rediff.com15 Apr 2015

India needs to move towards full capital account convertibility to become a leading global economy.

RBI sells special drawing rights to control fiscal deficit

RBI sells special drawing rights to control fiscal deficit

Rediff.com7 Mar 2014

The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.

Aadhaar and starvation deaths

Aadhaar and starvation deaths

Rediff.com26 Sep 2018

'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.

5 signs your debit card is at risk

5 signs your debit card is at risk

Rediff.com9 Jan 2019

Be careful if you find your postal mails/ bank and financial statements intercepted, pilfered or tampered with.

SC punctures RBI's efforts to fight bad loans

SC punctures RBI's efforts to fight bad loans

Rediff.com2 Apr 2019

RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.

In financial distress? Seek help, don't commit suicide

In financial distress? Seek help, don't commit suicide

Rediff.com18 Sep 2020

Shedding the stigma around failure, sharing issues with the family and seeking financial assistance from others can help alleviate distress and help people recover faster, says experts.

NBFC job losses mount as lending plummets

NBFC job losses mount as lending plummets

Rediff.com16 Jul 2019

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'

4 ways Nirmalaji's Budget is different

4 ways Nirmalaji's Budget is different

Rediff.com6 Mar 2021

But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.

State of economy: Glass half-empty or half-full?

State of economy: Glass half-empty or half-full?

Rediff.com14 Nov 2017

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.

Money lessons from Rohit Sharma's historic knock

Money lessons from Rohit Sharma's historic knock

Rediff.com19 Nov 2014

So what money lessons did we learn after watching Rohit Sharma's magnificent, world record inning unfold? Read on...

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

Rediff.com18 Feb 2022

Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.

The Little Guy is the Indian Person of the Year

The Little Guy is the Indian Person of the Year

Rediff.com8 Jan 2019

'No matter how many government schemes there are for the poor, the system works more for the privileged, less for the little guy,' notes T N Ninan.

E-toll collection on highways hits the fast lane

E-toll collection on highways hits the fast lane

Rediff.com23 Apr 2018

The project, anchored by National Highways Authority of India in partnership with National Payments Corporation of India, is gaining momentum, with big banks such as ICICI and non-bank entities like Paytm have also entered the arena.

Agusta scandal has put Congress on the back foot

Agusta scandal has put Congress on the back foot

Rediff.com3 May 2016

Whether it was the Bofors gun in 1986 or Italian helicopters in 2012, a leak or disclosure at the source overseas is like dynamite, and usually impossible to refute. They acquire a life of their own in the hands of the media, says T N Ninan.

Global leaks: Why ED can't probe these 'culprits'

Global leaks: Why ED can't probe these 'culprits'

Rediff.com19 Nov 2019

This is because no prosecution complaint has been filed in any of these cases under the Black Money Act.

Black money: India, Switzerland expect auto info exchange by 2018

Black money: India, Switzerland expect auto info exchange by 2018

Rediff.com15 Jun 2016

Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year

Delhi increases fine for not wearing mask from Rs 500 to Rs 2,000

Delhi increases fine for not wearing mask from Rs 500 to Rs 2,000

Rediff.com19 Nov 2020

The chief minister said the Delhi government was implementing from November 19 its decision to reserve 80 per cent of ICU beds in private hospitals for COVID-19 patients.

RBI may escape govt's scrutiny for missing inflation target

RBI may escape govt's scrutiny for missing inflation target

Rediff.com17 Aug 2020

If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.

10 Tips To Make Social Media Work For You

10 Tips To Make Social Media Work For You

Rediff.com27 Dec 2021

Whatever you do, don't be boring.

'Modi's political capital has taken a very big beating in the Nirav Modi case'

'Modi's political capital has taken a very big beating in the Nirav Modi case'

Rediff.com1 Mar 2018

'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'

Meet India's Latest Billionaire

Meet India's Latest Billionaire

Rediff.com15 Apr 2022

'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'

'Distinguish between legitimate funds and black money'

'Distinguish between legitimate funds and black money'

Rediff.com10 Feb 2015

The list includes 1,195 Indians with funds totalling $4.1 billion.

It's raining summer placements at B-schools this year

It's raining summer placements at B-schools this year

Rediff.com19 Nov 2018

Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.

As Fatca comes closer, 5 million folios risk closure

As Fatca comes closer, 5 million folios risk closure

Rediff.com21 Jul 2016

Fatca aims to track all US residents with non-US accounts and US citizens, too.

Budget 2020: FY21 growth rate likely to be pegged at 6-6.5%

Budget 2020: FY21 growth rate likely to be pegged at 6-6.5%

Rediff.com6 Jan 2020

It is also likely to assume a deflator of around 4 per cent. That could take the nominal GDP outlook for FY21 to around 10 per cent. It is this nominal GDP forecast on the basis of which the finance ministry is calculating key Budget targets like the fiscal deficit as a percentage of GDP and tax revenue growth for the coming year.

Credit card-related errors that you MUST avoid

Credit card-related errors that you MUST avoid

Rediff.com24 Jul 2019

If the credit card is not used judiciously, it can cause havoc with one's personal finances, warns Sarbajeet K Sen.

'Tighten policy stance to fight inflation'

'Tighten policy stance to fight inflation'

Rediff.com28 May 2010

The Reserve Bank will have to continue to tighten its monetary policy stance to arrest the runaway inflation numbers, which is expected to harden further in the medium-term on account of the rising commodity prices in international markets, a senior economist said on Friday.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

NSE asks brokers to strictly follow rules for investor funds

NSE asks brokers to strictly follow rules for investor funds

Rediff.com12 Mar 2015

NSE asks brokers to strictly follow rules for investor funds.

Day 9: Aaj ki Taaza Khabar

Day 9: Aaj ki Taaza Khabar

Rediff.com17 Nov 2016

I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.

How Indian IT giants are playing catch-up in consultancy

How Indian IT giants are playing catch-up in consultancy

Rediff.com18 Jan 2022

The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.

RBI hikes agri loans limit, expects 7.4% GDP growth in FY20

RBI hikes agri loans limit, expects 7.4% GDP growth in FY20

Rediff.com7 Feb 2019

Here are the key decisions announced by the Reserve Bank of India on Thursday.

BJP rejects reports of Shah promising Ram Temple before 2019

BJP rejects reports of Shah promising Ram Temple before 2019

Rediff.com14 Jul 2018

In a tweet, the party said Ram Temple was not on the agenda of Shah during his one-day trip to Hyderabad.