News for 'International Finance Service Centre'

This start-up believes in skilling India's youth

This start-up believes in skilling India's youth

Rediff.com18 Mar 2015

Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.

Budget, the other casualty of COVID-19

Budget, the other casualty of COVID-19

Rediff.com7 Apr 2020

'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.

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.

Flaws in India's GST defeats its purpose

Flaws in India's GST defeats its purpose

Rediff.com16 Sep 2015

There is much work to be done to design a good GST.

Stalin Needs to Think Fast, Act Faster

Stalin Needs to Think Fast, Act Faster

Rediff.com4 Sep 2021

Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.

'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.'

ED registers money laundering case in Kerala gold smuggling

ED registers money laundering case in Kerala gold smuggling

Rediff.com22 Jul 2020

The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.

Covid impact: Imports of digital thermometers rise 2,410%

Covid impact: Imports of digital thermometers rise 2,410%

Rediff.com27 Jul 2021

From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.

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.

After facing criticism, govt may rewrite airport privatisation policy

After facing criticism, govt may rewrite airport privatisation policy

Rediff.com5 Oct 2020

In the upcoming round of privatisation, unviable airports are likely to be clubbed with six main airports and a prospective bidder may be restricted to bid for two airports.

The chinks in India's arbitration laws

The chinks in India's arbitration laws

Rediff.com22 Oct 2020

Treaty

How to make unsmart cities smart

How to make unsmart cities smart

Rediff.com10 Sep 2014

The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.

AIIMS fire: Hospital functional, patients shifted back to wards

AIIMS fire: Hospital functional, patients shifted back to wards

Rediff.com18 Aug 2019

The AIIMS administration has initiated an internal inquiry to look into the cause of the fire and further strengthen preventive measure.

A dummy's guide to GST

A dummy's guide to GST

Rediff.com4 Aug 2016

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

Budget offers a 'mixed bag' for capital markets; tax sop for MFs

Budget offers a 'mixed bag' for capital markets; tax sop for MFs

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.

What Budget has in store for regional rural banks

What Budget has in store for regional rural banks

Rediff.com27 Jan 2021

RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.

Email security policy soon: Minister

Email security policy soon: Minister

Rediff.com23 Dec 2013

The policy will be announced shortly, Minister of State for Communications and IT Milind Deora said on Monday.

'India's IT system is safe and secure'

'India's IT system is safe and secure'

Rediff.com23 Mar 2018

'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'

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.

After Assam, Bihar assembly passes GST bill

After Assam, Bihar assembly passes GST bill

Rediff.com16 Aug 2016

Bihar became the first non-NDA state and overall second after the BJP-ruled Assam to pass GST bill.

Bureaucratic hurdles dampen investors in India

Bureaucratic hurdles dampen investors in India

Rediff.com14 Dec 2015

Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

TN assembly okays bill to exempt state from NEET

TN assembly okays bill to exempt state from NEET

Rediff.com13 Sep 2021

The Bills adopted in 2017 for the same purpose during the AIADMK regime did not get the President's assent.

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

Sebi lines up reforms, to boost infrastructure projects

Sebi lines up reforms, to boost infrastructure projects

Rediff.com22 Mar 2015

The markets regulator made it easier for banks to acquire control in listed companies.

Experts fear multiple tax slabs and cess will complicate GST

Experts fear multiple tax slabs and cess will complicate GST

Rediff.com4 Nov 2016

"At present, there are two main rate slabs under which sa majority of goods are covered -- five per cent and 12.5 per cent -- which will now increase to three (five per cent, 12 per cent and 18 per cent).Will this result in multiple litigations is anybody's guess."

Havells will enter AC, washing machine space with Rs 1,600-cr Lloyd buyout

Havells will enter AC, washing machine space with Rs 1,600-cr Lloyd buyout

Rediff.com21 Feb 2017

Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.

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

Four US investment banks offer support for London after Brexit vote

Four US investment banks offer support for London after Brexit vote

Rediff.com7 Jul 2016

JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector

Amazon did not help when debt mounted amid lockdown: Future promoters

Amazon did not help when debt mounted amid lockdown: Future promoters

Rediff.com4 Jan 2021

Amazon provided mere "lip service" and failed to provide any help to the debt-laden Future Group as the retail major suffered massive setback amid the COVID-induced lockdown and faced possible insolvency or debt restructuring, Future Group's promoters said in a letter to the e-commerce giant. This is the first time Future Group promoters have written to Amazon after the parties were embroiled in a legal battle over the sale of Future's retail assets to Reliance Industries. The letter from the promoters, including Kishore Biyani, was written on December 31. It alleged that Amazon's actions "lacked good faith" during the March to August period, when the group's retail business was severely hit by the lockdown.

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.

NLD rate cut impact: details sought

NLD rate cut impact: details sought

Rediff.com14 Nov 2005

EU expresses concern over CAB, Kashmir restrictions

EU expresses concern over CAB, Kashmir restrictions

Rediff.com10 Dec 2019

The EU ambassador to India hoped the principle of equality will be upheld in the CAB. He also said that Pak must take action against terror groups.

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.

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.

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.

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.

Eco Survey pegs GDP growth at 7% for current fiscal

Eco Survey pegs GDP growth at 7% for current fiscal

Rediff.com4 Jul 2019

The fiscal deficit, as per the survey, deteriorated to 5.8 per cent of the GDP as compared to 3.4 per cent for 2018-19 estimated in the interim Budget.

'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.