News for 'International Finance Service Centre'

Report on uniform GST rate by month end

Report on uniform GST rate by month end

Rediff.com16 Sep 2015

GST reform has been hanging fire since 2006-07.

Revealed: Modi's plans for the economy

Revealed: Modi's plans for the economy

Rediff.com3 Aug 2020

he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.

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.

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.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

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.

PNB scam fallout: Govt plans bank-holding company

PNB scam fallout: Govt plans bank-holding company

Rediff.com26 Feb 2018

While the formation of a holding company will not outright privatise State-owned banks, officials believe it will help the Centre deflect criticism arising out of the latest banking scams.

Arvind Subramanian likely to be chief economic advisor

Arvind Subramanian likely to be chief economic advisor

Rediff.com22 Aug 2014

Noted economist Arvind Subramanian is favoured as the choice for the government's Chief Economic Advisor (CEA).

A 10-step approach toward making cities real smart

A 10-step approach toward making cities real smart

Rediff.com2 Jun 2015

Smart cities must be very well equipped with technology and security systems alike.

3rd phase of Mumbai Metro may start in Dec

3rd phase of Mumbai Metro may start in Dec

Rediff.com27 Aug 2014

On Tuesday, the state-run Mumbai Metropolitan Region Development Authority, the planning body, indicated that it expected to award the contract before December, which would pave the way to kick start construction in the same month.

Are higher taxes responsible for India's economic slowdown?

Are higher taxes responsible for India's economic slowdown?

Rediff.com27 Sep 2017

The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.

Budget 2018: What young India needs from Modi Sarkar

Budget 2018: What young India needs from Modi Sarkar

Rediff.com31 Jan 2018

Education, jobs, health and more: Experts share their wishlist.

Inflation warrior Urjit Patel at the helm of RBI

Inflation warrior Urjit Patel at the helm of RBI

Rediff.com5 Sep 2016

The first task before him is to get used to the idea of working with the Monetary Policy Committee

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.

'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.

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

'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.'

Revealed: Politics behind the long walk home

Revealed: Politics behind the long walk home

Rediff.com31 Mar 2020

The Centre and state governments bonded and then fell apart during the longest lockdown walk.

RBI may escape govt's scrutiny for missing inflation target

RBI may escape govt's scrutiny for missing inflation target

Rediff.com17 Aug 2020

If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.

Dividend tax only on dividend income above Rs 10 lakh

Dividend tax only on dividend income above Rs 10 lakh

Rediff.com6 May 2016

The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.

Jaitley in DC: If only India's reforms had begun 20 years earlier...

Jaitley in DC: If only India's reforms had begun 20 years earlier...

Rediff.com17 Apr 2015

Finance Minister Arun Jaitley on his maiden visit as minister to Washington, DC, addresses two think thanks, leaves American Establishment impressed, reports Aziz Haniffa/Rediff.com.

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Rediff.com14 Sep 2019

'The idea is to have a separate and independent consultation on non-personal data, and decide the contours of how it should be regulated, whether as guidelines, rules, or a separate policy,' said a senior official at MeitY.

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

FinMin's new A-team to unveil a big bang Budget?

FinMin's new A-team to unveil a big bang Budget?

Rediff.com20 Oct 2014

The shift was sudden, quite unlike Shukla's departure from North Block, which had been anticipated for some months even before Singh''s first Budget.

COVID-19 hangs over the future like a spectre: RBI

COVID-19 hangs over the future like a spectre: RBI

Rediff.com10 Apr 2020

While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.

MORE banking reforms coming soon!

MORE banking reforms coming soon!

Rediff.com6 Nov 2017

Some measures announced in Indradhanush -- a 7-point Modi plan to revamp State-owned banks but not completed -- may be taken up again.

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.

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.

Mauritius in talks to review India tax treaty

Mauritius in talks to review India tax treaty

Rediff.com7 Oct 2015

Mauritius is biggest route for investment into India.

10 skills that really matter in the new normal

10 skills that really matter in the new normal

Rediff.com16 Sep 2020

Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.

So what's keeping Modi's junior ministers busy?

So what's keeping Modi's junior ministers busy?

Rediff.com11 Feb 2015

Empowered in the Modi government, junior ministers have enough on their plate.

Extend trading hours, brokers tell govt

Extend trading hours, brokers tell govt

Rediff.com12 Nov 2017

Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...

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

India Inc to government: Focus on GST, ease of doing biz

India Inc to government: Focus on GST, ease of doing biz

Rediff.com24 May 2016

Implementation of GST is expected to increase the gross domestic product of the country.

'Mumbai needs a CEO to become a global financial hub'

'Mumbai needs a CEO to become a global financial hub'

Rediff.com5 Dec 2014

There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.

Ahmedabad: Two steps forward, one step back

Ahmedabad: Two steps forward, one step back

Rediff.com11 Jun 2015

Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world

At 25, can Jet Airways restore its earlier leadership position?

At 25, can Jet Airways restore its earlier leadership position?

Rediff.com4 May 2018

A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.

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.

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.