News for 'International Financial Services Centre'

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.

Digitising insurance policies is free for customers

Digitising insurance policies is free for customers

Rediff.com18 Aug 2014

Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.

'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.

Why Modi's visit to Saudi Arabia is important

Why Modi's visit to Saudi Arabia is important

Rediff.com3 Apr 2016

King Salman and Narendra Modi will find common ground to intensify cooperation against jihadi terrorism, says Tarun Vijay, MP.

Why is Harsh Mariwala getting into aquatherapy?

Why is Harsh Mariwala getting into aquatherapy?

Rediff.com31 Oct 2018

'Hardly any aqua centres exist in India though they are popular abroad.' 'Water is known for its buoyancy which reduces pressure on joints. So, you can exercise effectively underwater, provided you have the right experts guiding you,' Harsh Mariwala tells Viveat Susan Pinto.

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.

Walmart CEO Doug McMillon in India to take on Amazon

Walmart CEO Doug McMillon in India to take on Amazon

Rediff.com16 Apr 2019

Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.

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

Needed: Urgent solutions to defend India well!

Needed: Urgent solutions to defend India well!

Rediff.com13 Feb 2020

'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.

Looking into WhatsApp privacy policy changes: Govt

Looking into WhatsApp privacy policy changes: Govt

Rediff.com19 Jan 2021

WhatsApp has drawn massive criticism from users globally, including India over concerns that data was being shared with its parent company, Facebook. WhatsApp, on its part, has maintained that messages on the platform are end-to-end encrypted and that neither WhatsApp nor Facebook can see the private messages on WhatsApp's platform.

6 Indian ventures among world's most innovative infra projects

6 Indian ventures among world's most innovative infra projects

Rediff.com13 Nov 2014

Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.

What Gulf slowdown! IndiGo, GoAir to expand ops to West Asia

What Gulf slowdown! IndiGo, GoAir to expand ops to West Asia

Rediff.com8 Mar 2017

Travels to Gulf accounted for 40% of India's international air traffic in 2016.

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

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.

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.

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

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.

With Jet off the radar, skies are wide open for Tata's airlines

With Jet off the radar, skies are wide open for Tata's airlines

Rediff.com12 Jun 2019

Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.

TV journalists have become politicians!

TV journalists have become politicians!

Rediff.com9 Jan 2021

India's news broadcasters are a national shame that have polarised Indians, observes Vanita Kohli-Khandekar.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

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.

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.

Model GST Law: A mixed bag of good, bad and ugly

Model GST Law: A mixed bag of good, bad and ugly

Rediff.com14 Jul 2016

It is doubtful that our political masters are even aware of the features of the Model Law.

Firms irked by RBI's order to store payments data in India

Firms irked by RBI's order to store payments data in India

Rediff.com20 Apr 2018

While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space

'Drone attacks are an evolving threat'

'Drone attacks are an evolving threat'

Rediff.com23 Jul 2021

'India needs offensive and defensive security measures to protect itself.'

Needed: A new policy for the Indian Diaspora

Needed: A new policy for the Indian Diaspora

Rediff.com20 Jan 2020

On matters relating to the Diaspora, the Centre needs to call the shots, suggests Ambassador T P S Sreenivasan.

Is India prepared to tackle a Sony like cyber attack?

Is India prepared to tackle a Sony like cyber attack?

Rediff.com31 Dec 2014

A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval

How cross-border listings will help India

How cross-border listings will help India

Rediff.com18 Mar 2019

Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.

Paramilitary forces waiting on govt to decide on OROP-like demand

Paramilitary forces waiting on govt to decide on OROP-like demand

Rediff.com27 Oct 2015

With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.

IL&FS fallout: Lessons for the rating agencies

IL&FS fallout: Lessons for the rating agencies

Rediff.com13 Jun 2019

Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.

Govt seeks India Inc's view on economic revival

Govt seeks India Inc's view on economic revival

Rediff.com22 Apr 2020

Officers across departments and ministries have been asked to speak to people across sectors for 'SWOT' analysis of issues for revival of the economy.

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.

Budget 2020: Will ATF, natural gas come under GST?

Budget 2020: Will ATF, natural gas come under GST?

Rediff.com5 Dec 2019

5 commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of GST's purview given the revenue dependence of state governments on these sectors.

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).

Why Budget 2020 will be different

Why Budget 2020 will be different

Rediff.com1 Jan 2020

In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.

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.

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.

Indian carriers may not get leeway on flying abroad

Indian carriers may not get leeway on flying abroad

Rediff.com23 Jul 2014

Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.

'India is a great place to do business, come back. Jai Hind'

'India is a great place to do business, come back. Jai Hind'

Rediff.com13 Apr 2018

Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.

India's National Security is being transformed

India's National Security is being transformed

Rediff.com22 Oct 2018

Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.