News for 'International Finance Centre'

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Budget: Experts seek higher farm investment, market reforms

Budget: Experts seek higher farm investment, market reforms

Rediff.com5 Jun 2014

In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.

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.

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.

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.

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.

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.

Cost of capital hurting domestic private investment: Jaitley

Cost of capital hurting domestic private investment: Jaitley

Rediff.com21 Sep 2015

Finance Minister Arun Jaitley on Monday said domestic private sector investments have been slow and high cost of capital was also affecting several sectors.

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.

Greece licks wounds after bailout vote

Greece licks wounds after bailout vote

Rediff.com16 Jul 2015

Greece awoke with a political hangover on Thursday after parliament approved a stringent bailout programme, thanks to the votes of the pro-European opposition, amid the worst protest violence this year.

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.

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.

Infosys bets big on blockchain technology

Infosys bets big on blockchain technology

Rediff.com27 Apr 2016

Infosys said it is in discussion with over 10 institutions globally for deploying the solution

China pledges $124bn for Silk Road, terms it 'project of the century'

China pledges $124bn for Silk Road, terms it 'project of the century'

Rediff.com14 May 2017

China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.

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.

Jaitley hints at tax regime of global standards

Jaitley hints at tax regime of global standards

Rediff.com30 Dec 2014

Finance Minister Arun Jaitley hints at a world class tax regime.

AAP alleges CWG-like scam in DDCA under Jaitley

AAP alleges CWG-like scam in DDCA under Jaitley

Rediff.com17 Dec 2015

The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.

He made education accessible to over 11,000 rural kids

He made education accessible to over 11,000 rural kids

Rediff.com22 Apr 2016

From 17 pre-school centres to 285 in less than five years - Hippocampus has brought the joy of learning to kids.

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.

'We will always fight this battle with our hands tied behind our back'

'We will always fight this battle with our hands tied behind our back'

Rediff.com23 Nov 2015

'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'

Apple may finally dip its toes in Indian retail pool

Apple may finally dip its toes in Indian retail pool

Rediff.com10 Sep 2019

Still, the earliest India will get to experience Apple online will be early 2020 and the company's first fully-owned signature store should be up around 2022 -- almost two decades after it had opened its first store worldwide, writes Nivedita Mookerji.

India, Singapore to step up anti-terror, economic cooperation

India, Singapore to step up anti-terror, economic cooperation

Rediff.com4 Oct 2016

Modi held comprehensive talks with Singapore Prime Minister Lee Hsien Loong on ways to enhance cooperation in key sectors including trade and investment.

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.

Why did BSE snap ties with foreign bourses?

Why did BSE snap ties with foreign bourses?

Rediff.com13 Feb 2018

Overseas bourses may take similar action and stop providing data on foreign indices and commodities traded in India, Ashish Chauhan, chief executive officer, BSE said.

Indian American named new White House LGBT liaison

Indian American named new White House LGBT liaison

Rediff.com11 Nov 2014

Indian American Aditi Hardikar has been appointed to a key White House position to liaison with LGBT as well as the Asian American and Pacific Islanders communities.

Govt rules out excise duty cut on petrol, diesel

Govt rules out excise duty cut on petrol, diesel

Rediff.com10 Sep 2018

A one rupee per litre cut in taxes would result in revenues being hit by Rs 30,000 crore on an annualised basis.

India's fiscal deficits: A short history

India's fiscal deficits: A short history

Rediff.com17 Mar 2017

India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.