News for 'International Finance Centre'

Full rupee convertibility in a few years: Rajan

Full rupee convertibility in a few years: Rajan

Rediff.com10 Apr 2015

Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

'Wise for US to have a good relationship with India'

'Wise for US to have a good relationship with India'

Rediff.com24 Sep 2021

'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'

Prez, Advani, Sonia pay homage to Jaitley at his home

Prez, Advani, Sonia pay homage to Jaitley at his home

Rediff.com24 Aug 2019

The BJP stalwart's body was later brought to his residence at Kailash Colony.

Steely Stalin steals Modi's show too

Steely Stalin steals Modi's show too

Rediff.com2 May 2021

Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.

Economist Rajiv Kumar named as new VC of NITI Aayog

Economist Rajiv Kumar named as new VC of NITI Aayog

Rediff.com6 Aug 2017

The government also appointed Dr Vinod Paul, a pediatrician at the AIIMS, as a member of the NITI Aayog

Jaitley says jobs, skill training among 10 key focus areas

Jaitley says jobs, skill training among 10 key focus areas

Rediff.com1 Feb 2017

He said the government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country, from 60 districts at present.

Covid has taken sheen off India's most exclusive clubs

Covid has taken sheen off India's most exclusive clubs

Rediff.com28 Oct 2020

Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.

EXPLAINED! How runaway fuel prices affect Indian economy

EXPLAINED! How runaway fuel prices affect Indian economy

Rediff.com21 Sep 2018

The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.

Beijing grapples with Games legacy four years on

Beijing grapples with Games legacy four years on

Rediff.com11 Apr 2012

Four years after Beijing hosted a spectacular summer Olympics, China's bustling capital sees vastly improved public transport and infrastructure, but many of the venues built for the event languish unloved, underused and draining public finances.

COVID-19 Effect: Modi is unlikely to give up new powers

COVID-19 Effect: Modi is unlikely to give up new powers

Rediff.com5 May 2020

Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.

Auto sector gets relief but no word on cutting GST

Auto sector gets relief but no word on cutting GST

Rediff.com23 Aug 2019

The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.

'GST structure is complex'

'GST structure is complex'

Rediff.com12 Mar 2015

A well-functioning GST will enhance tax compliance and boost growth: IMF

Reliance Power commissions world's largest solar project

Reliance Power commissions world's largest solar project

Rediff.com12 Nov 2014

The project is the largest investment undertaken by any private sector entity in CSP in India.

How states can avail extra borrowing from the markets

How states can avail extra borrowing from the markets

Rediff.com20 May 2020

These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.

COVID-19 biggest challenge since WW-II: PM Modi at G20

COVID-19 biggest challenge since WW-II: PM Modi at G20

Rediff.com22 Nov 2020

Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.

GST rate will be much more diluted than 27%: Jaitley

GST rate will be much more diluted than 27%: Jaitley

Rediff.com6 May 2015

The final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday.

'Something sinister in Urjit Patel's exit'?

'Something sinister in Urjit Patel's exit'?

Rediff.com30 Dec 2018

'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'

Stunning images of London's Little Venice

Stunning images of London's Little Venice

Rediff.com6 Apr 2012

A part that is hidden from most visitors is London's Little Venice.

World's 10 freest economies, India lags behind

World's 10 freest economies, India lags behind

Rediff.com29 Jan 2015

Hong Kong is the world's freest economy according to the Index of Economic Freedom 2015.

How to DEFEAT the NEXT Pandemic

How to DEFEAT the NEXT Pandemic

Rediff.com3 Nov 2021

Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.

'A time bomb is ticking towards a fiscal crisis in states'

'A time bomb is ticking towards a fiscal crisis in states'

Rediff.com8 Aug 2016

An interview with Amit Mitra, the finance minister of West Bengal.

How COVID-19 spoilt India's oil bonanza

How COVID-19 spoilt India's oil bonanza

Rediff.com1 May 2020

'The impact of COVID-19 on the economy has been so overwhelming that even a significant drop in global oil prices, which in normal times would have brought cheer, has posed new challenges for the government,' observes A K Bhattacharya.

Phase-I trials of 2 Indian Covid vaccines reveal 'excellent safety': Govt

Phase-I trials of 2 Indian Covid vaccines reveal 'excellent safety': Govt

Rediff.com15 Sep 2020

Phase-I clinical trials have revealed "excellent safety" of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd and their immunogenicity testing is now in progress, minister of state for health Ashwini Choubey informed the Rajya Sabha on Tuesday.

Govt profiteering off people's misery: Sonia on fuel prices

Govt profiteering off people's misery: Sonia on fuel prices

Rediff.com21 Feb 2021

The government has chosen to profiteer off people's misery and suffering, Gandhi said.

Needed: Urgent solutions to defend India well!

Needed: Urgent solutions to defend India well!

Rediff.com13 Feb 2020

'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.

Yuan is the 3rd most powerful currency in the IMF basket, what next?

Yuan is the 3rd most powerful currency in the IMF basket, what next?

Rediff.com10 Dec 2015

For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.

'Mumbai to be transformed in 10 years'

'Mumbai to be transformed in 10 years'

Rediff.com24 Apr 2007

Let me assure you that we will spare no efforts to ensure that quality of life in Mumbai is comparable to the best international cities, says Maharashtra chief minister.

Banking, auto shares steal the show as Sensex gains 580 points

Banking, auto shares steal the show as Sensex gains 580 points

Rediff.com2 Nov 2018

Investor sentiment got a big push after Brent crude, the international benchmark, dropped below the $73-mark to quote at a seven-month low of $72.65

The many battles that Amazon is fighting in India

The many battles that Amazon is fighting in India

Rediff.com8 Jul 2021

Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.

GST revenue at Rs 92,283 cr gets a bumper start

GST revenue at Rs 92,283 cr gets a bumper start

Rediff.com29 Aug 2017

So far, 38.38 lakh taxpayers accounting for 64.42 per cent of the total businesses, who had registered in July, filed returns.

Why Governor Dhankar is shooting darts at elected Mamata

Why Governor Dhankar is shooting darts at elected Mamata

Rediff.com4 May 2020

What makes Dhankar so outspoken? Could it because as governor he will be in the driver's seat if the Trinamool Congress performs below par in the elections next year? Shikha Shalini reports.

DHFL to open London office, provide loans to NRIs

DHFL to open London office, provide loans to NRIs

Rediff.com3 Apr 2008

The company has plans to open offices in the US, Singapore and other parts of West Asia such, such as Oman and Qatar in the next couple of years. "The NRI community is totally underserved. We want to tap the vast business potential arising from 2.5 crore (Rs 25 million) NRIs working abroad,'' said Kapil Wadhawan, vice chairman and managing director, DHFL.

India to get details of Swiss bank accounts from Sept 2018

India to get details of Swiss bank accounts from Sept 2018

Rediff.com23 Nov 2016

Switzerland will not share details about accounts held prior to September 2018.

The man who invested $2 bn in India

The man who invested $2 bn in India

Rediff.com2 Jun 2018

'In the end, investing is about people.' 'If you get the right people, they make things happen,' Mengistu Alemayehu tells Shyamal Majumdar.

Mary Kom adds another feather to her illustrious hat

Mary Kom adds another feather to her illustrious hat

Rediff.com31 Oct 2019

Mary Kom will represent the Asian bloc in the group

Now, a competition to choose 100 smart cities

Now, a competition to choose 100 smart cities

Rediff.com30 Mar 2015

States to give choices, Centre to decide by year-end.

Parliament passes FCRA Amendment Bill

Parliament passes FCRA Amendment Bill

Rediff.com23 Sep 2020

Minister of State for Home Nityanand Rai said the legislation was not against any NGO and is an effort to maintain transparency. This amendment is in the interest of good NGOs which want to do good work in the country.

Chidambaram favours easing rules for airlines to fly abroad

Chidambaram favours easing rules for airlines to fly abroad

Rediff.com11 Oct 2013

Finance Minister P Chidambaram has supported Civil Aviation Minister Ajit Singh's suggestion on doing away with a rule that bars Indian carriers from flying abroad unless they complete five years of service and own a 20-aircraft fleet.

US BPO to tap Indian global firms

US BPO to tap Indian global firms

Rediff.com15 May 2008

Outsource Partners International, a business process outsourcing company that provides finance and accounting services to clients in the US and UK through offshore resource centres in India, plans to target Indian global firms to scale up business.