News for 'International Finance Centre'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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.

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.

'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.'

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.

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.

When a Nobel Laureate comes to town!

When a Nobel Laureate comes to town!

Rediff.com14 Jan 2020

What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?

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.

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.

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.

Without Trump, the world stage will be poorer

Without Trump, the world stage will be poorer

Rediff.com6 Nov 2020

Trump was good for world peace. He didn't start a war anywhere, which is not something that can be said for most of his predecessors, observes Ambassador M K Bhadrakumar.

Will RBI's rate cut force banks to lend?

Will RBI's rate cut force banks to lend?

Rediff.com28 Apr 2020

'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.

The visionary who made Indian IT industry global

The visionary who made Indian IT industry global

Rediff.com7 Dec 2020

One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.

Tech partnerships in climate change can make the world a better place

Tech partnerships in climate change can make the world a better place

Rediff.com16 Oct 2015

For existing technologies, unless appropriate financing is available, deployment at scale is difficult.

India, Kyrgyzstan voice concern over extremism and terrorism

India, Kyrgyzstan voice concern over extremism and terrorism

Rediff.com12 Jul 2015

Seeking a peaceful and secure neighbourhood amidst threat of terrorism and extremism, India and Kyrgyzstan on Sunday signed four agreements including one on bolstering defence cooperation and holding annual joint military exercises.

States will get to levy additional taxes on top of 28% GST on petrol, diesel

States will get to levy additional taxes on top of 28% GST on petrol, diesel

Rediff.com29 Jun 2018

'If petro products are brought into GST, then there will be minor impact on the incidence of tax... and minor impact on prices. The price of petrol, diesel will continue to be driven by global factors'

A dummy's guide to GST

A dummy's guide to GST

Rediff.com7 May 2015

Here's everything you need to know about the Goods and Services Tax Bill.

A whopping Rs 4 lakh crore stuck in tax appeals

A whopping Rs 4 lakh crore stuck in tax appeals

Rediff.com27 Feb 2015

Total number of tax disputes in SC cross 10,000