News for 'International Finance Centre'

Govt tightens purse strings: Only schemes that spent well to get more funds

Govt tightens purse strings: Only schemes that spent well to get more funds

Rediff.com13 Jan 2016

Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.

Reading India's OBOR boycott right

Reading India's OBOR boycott right

Rediff.com9 Jun 2017

We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.

These 5 states account for 70% exports: Survey

These 5 states account for 70% exports: Survey

Rediff.com30 Jan 2018

On the other hand, 16 or half of all states and Union Territories account for only 3 per cent of all exports.

DoT gives telcos breathing space on AGR non-payment

DoT gives telcos breathing space on AGR non-payment

Rediff.com23 Jan 2020

Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

1,700 more fast track courts to be set up

1,700 more fast track courts to be set up

Rediff.com11 Aug 2006

Law Minister H R Bhardwaj told delegates that the Centre also plans to introduce a bill in Parliament to set up mobile rural courts known as 'Gram Nyayalayas' to make justice available at doorsteps to people in villages.

Who will clean the Indian education system?

Who will clean the Indian education system?

Rediff.com5 Sep 2020

'Education is disconnected from social reality and does not even attempt to solve the real problems of our country,' observe Peehu Pardeshi and Sandeep Pandey.

The new face of economic team at North Block

The new face of economic team at North Block

Rediff.com6 Jan 2015

Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats

How govt plans to ensure PNB-style scams don't ever happen

How govt plans to ensure PNB-style scams don't ever happen

Rediff.com20 Feb 2018

Govt tells PSBs to integrate banking systems, rotate staff as a policy

Government nurses call off nationwide strike

Government nurses call off nationwide strike

Rediff.com3 Sep 2016

Nurses in government hospitals across the country on Saturday called off their indefinite strike after reaching a compromise with the Centre, in a major relief for Delhi and some other cities battling rising cases of dengue and chikungunya.

It's a wrap for Winter Olympics!

It's a wrap for Winter Olympics!

Rediff.com26 Feb 2018

Olympic officials have showered praise on South Korea's Winter Games organisers for staging a successful event against the odds, but they have also left it with a warning: don't leave any white elephants behind.

India to sign more tax treaties

India to sign more tax treaties

Rediff.com17 Nov 2004

India is expected to sign Double Taxation Avoidance Treaties with more countries as part of measures to ensure smoother international trade, a senior finance ministry official said on Wednesday.

UNSC sanctions Islamic State's South Asia Branch

UNSC sanctions Islamic State's South Asia Branch

Rediff.com15 May 2019

IS-Khorasan was sanctioned for its links with Al Qaeda and involvement in several deadly attacks in Afghanistan and Pakistan that killed over 150 people.

What will Sharif do now?

What will Sharif do now?

Rediff.com25 Jul 2017

The Panama verdict will decide how Pakistan handles its leadership problems.

Despite govt's diktat, gold round-tipping is still flourishing

Despite govt's diktat, gold round-tipping is still flourishing

Rediff.com2 Jan 2019

Round-tipping creates the opportunity for exporters to source funds at a much cheaper cost, which they divert to some other business.

DeMo@1: Banks happy as digital activity picks up

DeMo@1: Banks happy as digital activity picks up

Rediff.com8 Nov 2017

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.

Raid row intensifies: Congress, AAP demand Jaitley's resignation

Raid row intensifies: Congress, AAP demand Jaitley's resignation

Rediff.com16 Dec 2015

In a further escalation of the confrontation between the Congress and the government, the opposition party claimed that a committee constituted by the Delhi government has found 'gross financial irregularities' in the DDCA during that period.

Government mulls presenting Budget by Jan-end

Government mulls presenting Budget by Jan-end

Rediff.com22 Aug 2016

Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure

What you must know about a kidney transplant

What you must know about a kidney transplant

Rediff.com8 Apr 2018

A kidney transplant can improve the quality and longevity of life, says Shruti Tapiawala.

NLD rate cut impact: details sought

NLD rate cut impact: details sought

Rediff.com14 Nov 2005

COVID-19 can reset wrongs done to invisible millions

COVID-19 can reset wrongs done to invisible millions

Rediff.com23 Jun 2020

'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.

BJP releases Gujarat manifesto on the eve of voting

BJP releases Gujarat manifesto on the eve of voting

Rediff.com8 Dec 2017

Unlike the 2012 manifesto, the BJP has chosen not to make any extravagant promises.

Reasons behind the fall in oil prices

Reasons behind the fall in oil prices

Rediff.com24 Nov 2014

Saudi Arabia's deep pockets and a strong financial system could help the country to ride out a low-price environment in order to protect its market share.

One more Covid-19 death takes toll to 10; cases cross 500

One more Covid-19 death takes toll to 10; cases cross 500

Rediff.com24 Mar 2020

As 32 states and Union Territories imposed complete lockdown till March 31, the Centre asked them to clamp curfew wherever necessary in the wake of people defying lockdown orders.

Don't be scared of Modi, make Shivaji statue tallest: Sena to Maha CM

Don't be scared of Modi, make Shivaji statue tallest: Sena to Maha CM

Rediff.com19 Nov 2018

Decreasing the height of Shivaji's statue to make Sardar Patel's statue look taller is 'narrow and distorted mindset', the Sena said in an editorial in party mouthpiece Saamana.

India's jewellery business has lost its lustre

India's jewellery business has lost its lustre

Rediff.com14 Nov 2018

There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.

This ex-investment banker is changing rural lives

This ex-investment banker is changing rural lives

Rediff.com9 Nov 2018

Gaurav Mehta, one of 100 'Young Global Leaders', is tapping entrepreneurs inside rural Indians.

Cover for NBFC deposits unlikely

Cover for NBFC deposits unlikely

Rediff.com22 Dec 2003

Insurance coverage for deposits in non-banking finance companies is unlikely to be provided as Reserve Bank of India has expressed reservations over the move.

Trinamool, other opposition parties to boycott midnight GST meet

Trinamool, other opposition parties to boycott midnight GST meet

Rediff.com28 Jun 2017

A final call will be taken by Congress president Sonia Gandhi on Thursday.

All about the politics of Budget

All about the politics of Budget

Rediff.com4 Mar 2015

The finance minister defended the change in the tax rates.

How Kerala 'lost' the battle against Adani

How Kerala 'lost' the battle against Adani

Rediff.com11 Nov 2020

Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.

Global stressed asset players rethinking India

Global stressed asset players rethinking India

Rediff.com28 Jan 2019

The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.

China shuts down 13 cities as coronavirus death toll climbs to 26

China shuts down 13 cities as coronavirus death toll climbs to 26

Rediff.com24 Jan 2020

By Thursday, 830 confirmed cases of pneumonia, caused by the novel coronavirus (2019-nCoV), had been reported in 29 provincial-level regions in the country.

Surat set to have a world-class diamond bourse

Surat set to have a world-class diamond bourse

Rediff.com3 Jun 2014

The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.

Why Nirav Modi reminds me of Nick Leeson

Why Nirav Modi reminds me of Nick Leeson

Rediff.com1 Mar 2018

Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.

Plan panel, IMF warn over rising deficit

Plan panel, IMF warn over rising deficit

Rediff.com16 Jan 2004

International Monetary Fund on Friday warned the Centre of high fiscal deficit that could come in the way of sustaining high growth in the economy, which clocked 8.4 per cent rise in the second quarter of 2003-04.

Smart City competition gets underway

Smart City competition gets underway

Rediff.com3 Jul 2015

The Centre has asked the state governments to nominate cities and towns for inclusion under Smart Cities Mission as the first stage of the competition has started.

India takes yet another step to trace black money stashed abroad

India takes yet another step to trace black money stashed abroad

Rediff.com20 May 2015

India to hold one-to-one meetings with global counterparts to trace blackmoney.

Vodafone for conciliation on tax dispute

Vodafone for conciliation on tax dispute

Rediff.com19 Nov 2015

The Supreme Court had ruled in Vodafone's favour in 2012.