News for 'International Money Matters'

Money lessons from Rohit Sharma's historic knock

Money lessons from Rohit Sharma's historic knock

Rediff.com19 Nov 2014

So what money lessons did we learn after watching Rohit Sharma's magnificent, world record inning unfold? Read on...

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Rediff.com28 Jun 2024

To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said. In a bid to cut the delay in processing incentive claims, the government is looking at switching to a quarterly disbursement of incentives. Currently, in most schemes, incentives are annual.

$120 mn investments, $250 mn credit line to fund Chabahar port growth

$120 mn investments, $250 mn credit line to fund Chabahar port growth

Rediff.com14 May 2024

India's 10-year bilateral contract with Iran for the operation of Chabahar Port is likely to bring in an investment of approximately $370 million. This comprises a direct investment of $120 million from India for infrastructure development and a $250 million line of credit to Iran, Business Standard has learnt. With the $120 million committed for port development, India is set to procure advanced equipment, such as rail-mounted quay cranes, rubber-tyred gantry cranes (also known as transtainers), reach stackers, and forklifts.

Who Will Be The Next SBI Chief?

Who Will Be The Next SBI Chief?

Rediff.com14 May 2024

'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'

Why Brian McMillan has stayed away from cricket

Why Brian McMillan has stayed away from cricket

Rediff.com9 Jan 2024

Disillusioned with the 'politics' in South African cricket administration, Brian McMillan decided to stay away from the game.

Sebi Has Strong Case Against Hindenburg

Sebi Has Strong Case Against Hindenburg

Rediff.com4 Jul 2024

If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.

Key investors may drag Byju's to NCLT

Key investors may drag Byju's to NCLT

Rediff.com21 Feb 2024

A consortium of shareholders with over 30 per cent stake in cash-strapped Byju's might approach the National Company Law Tribunal (NCLT) seeking a management change, if the extraordinary general meeting (EGM) scheduled for Friday failed to yield an 'amicable settlement' or faced further delays, sources said. Earlier this month, these shareholders had issued a notice calling for an EGM to address "persistent issues", including a change in management. They will vote for a revamp of the existing board, an exercise which would include asking Byju Raveendran to step down as chief executive officer (CEO) and relinquish his operational role, according to sources.

56-inch chest, connection with God history now: Rahul's dig at Modi

56-inch chest, connection with God history now: Rahul's dig at Modi

Rediff.com10 Sep 2024

When asked about the Uniform Civil Code, Gandhi said he would comment on it only after he knows what is BJP's proposal.

Switzerland steps up efforts to tackle black money menace

Switzerland steps up efforts to tackle black money menace

Rediff.com12 Nov 2015

Switzerland has come under international pressure, including from India, amid concerns that black money is stashed in Swiss banks.

June 22 GST Council meet may give relief to foreign airlines

June 22 GST Council meet may give relief to foreign airlines

Rediff.com21 Jun 2024

The Goods and Services Tax (GST) Council, scheduled to meet on June 22, could take a call on ending uncertainty on taxing foreign airlines and shippers as regards certain services, a senior official in the know told Business Standard. He said the Council was expected to decide on exempting the services in question from GST - aircraft lease rentals, maintenance, crew salaries, etc. These services are provided by foreign airlines to their Indian operations.

'I Quit My Job Because I Was Miserable'

'I Quit My Job Because I Was Miserable'

Rediff.com7 Oct 2024

Delhi-based Shubham Chakraborty, 32, a management graduate from XLRI, Jamshedpur, tells us how he fought anxiety and stress due to poor workplace management.

Mayank Yadav likely to return on April 27: Morkel

Mayank Yadav likely to return on April 27: Morkel

Rediff.com22 Apr 2024

Morkel said Mayank's recent start in bowling shows promising progress, with efforts now directed towards hitting the 150 kmph mark consistently.

'A tribal President will be a great showpiece internationally'

'A tribal President will be a great showpiece internationally'

Rediff.com4 Jul 2022

'But will there be matching action as far as tribals are concerned on the ground?'

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Rediff.com1 Jul 2024

The government is expediting visa-related issues to bring technicians to India from any country, not just China, as and when required, to ensure the smooth implementation of the flagship production-linked incentive (PLI) scheme aimed at boosting domestic manufacturing. "If those under the PLI scheme need to get their equipment installed, we try to expedite the ability to get technicians into India from any country, whichever it may be," Union Commerce and Industry Minister Piyush Goyal told Business Standard in an interview.

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

Black money: India signs multilateral agreement

Black money: India signs multilateral agreement

Rediff.com26 Jan 2012

The agreement, convention on mutual administrative assistance in tax matters, is a multilateral agreement of 31 other nations.

Grilled for 5 hrs, here's what Delhi minister told ED

Grilled for 5 hrs, here's what Delhi minister told ED

Rediff.com30 Mar 2024

Gahlot says he has no knowledge of Nair living in his official accommodation, AAP's Goa activities

'I Can't Talk To My Parents About My Film'

'I Can't Talk To My Parents About My Film'

Rediff.com31 May 2024

'That's how big this taboo is.' 'It would be difficult for them to understand what I am trying to show with Jaggi.'

You Can Reduce Tax By...

You Can Reduce Tax By...

Rediff.com22 Feb 2024

What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.

East Bengal approach Delhi HC over Anwar's suspension

East Bengal approach Delhi HC over Anwar's suspension

Rediff.com13 Sep 2024

Anwar Ali, his current side East Bengal, and parent club Delhi FC on Thursday moved the Delhi High Court and sought a stay on the suspension imposed on the player.

Black money: Switzerland agrees to share information with India

Black money: Switzerland agrees to share information with India

Rediff.com16 Jun 2017

The issue of black money has been a matter of great debate in India and Switzerland has been long perceived as one of the safest havens for the illicit wealth

There is simply no escape from printing money

There is simply no escape from printing money

Rediff.com29 Apr 2020

'This is not without risk because extraordinary steps taken in exceptional times have the habit of becoming habits until the next crisis intervenes,' warns T N Ninan.

'There's concrete proof of corporate-political nexus'

'There's concrete proof of corporate-political nexus'

Rediff.com29 Mar 2024

'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'

IPL venue in chaos: Sawai Man Singh stadium sealed over unpaid dues

IPL venue in chaos: Sawai Man Singh stadium sealed over unpaid dues

Rediff.com24 Feb 2024

Rajasthan Cricket Association's (RCA) office and its academy were also sealed, along with the stadium.

Time For India To Revisit Western Alliances

Time For India To Revisit Western Alliances

Rediff.com4 Nov 2024

It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.

Hindujas' RCap buy faces further delay

Hindujas' RCap buy faces further delay

Rediff.com24 May 2024

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.

Getting future-ready: Govt may tweak IBC to factor in climate change

Getting future-ready: Govt may tweak IBC to factor in climate change

Rediff.com7 May 2024

The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.

NEET paper leak: CBI arrests 2 in Patna, grills 3 in Gujarat

NEET paper leak: CBI arrests 2 in Patna, grills 3 in Gujarat

Rediff.com27 Jun 2024

The Central Bureau of Investigation (CBI) on Thursday made its first arrests in the National Eligibility-cum-Entrance Test (Undergraduate) (NEET-UG) paper leak case, taking two people in custody in Patna while three candidates in Gujarat who had allegedly solicited help to clear the exam recorded their statements with the probe agency, officials said.

No cancer-causing agents in our products: MDH on quality claims

No cancer-causing agents in our products: MDH on quality claims

Rediff.com29 Apr 2024

MDH Spices has denied allegations that its products have traces of cancer-causing agent ethylene oxide (ETO), calling them "untrue" and "lacking any substantiating evidence." "Amid speculations doing rounds that there is presence of ETO in our products, we clarify and state unequivocally that these claims are untrue and lack any substantiating evidence," a statement released by the company said.

Adani Saga: Sebi Seeks Overseas Info On FPIs

Adani Saga: Sebi Seeks Overseas Info On FPIs

Rediff.com10 May 2023

Sebi is learnt to have written to several regulators including those in Bermuda, Luxembourg, and Switzerland, seeking detailed information on some FPIs.

How Front-Running Hurts MFs, Investors

How Front-Running Hurts MFs, Investors

Rediff.com26 Jun 2024

Cases of front-running mostly happen when large asset managers and intermediaries are involved in bulk trades as their transaction size is generally big enough to impact the stock price.

Rajiv Gandhi: 'I Trust Prabhakaran'

Rajiv Gandhi: 'I Trust Prabhakaran'

Rediff.com21 Oct 2024

As Prabhakaran was leaving his house, Rajiv Gandhi called his son Rahul and asked him to fetch his (Gandhi's) bulletproof jacket. He put the jacket on Prabhakaran's back and remarked with his usual charming smile: "Take care of yourself."

'Gill Is Clueless About Captaincy'

'Gill Is Clueless About Captaincy'

Rediff.com17 Jul 2024

'I am not a Shubman Gill hater but I feel Ruturaj is a better option because he has scored runs in tougher situations.'

Excise policy: ED questions another Delhi minister

Excise policy: ED questions another Delhi minister

Rediff.com30 Mar 2024

The Enforcement Directorate questioned Delhi minister Kailash Gahlot for about five hours on Saturday and recorded his statement in connection with a money-laundering investigation linked to the Aam Aadmi Party government's now-scrapped excise policy, officials said.

Modi's fight against black money gets a fillip

Modi's fight against black money gets a fillip

Rediff.com9 Oct 2020

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

Will try to resume international flights before Aug: Puri

Will try to resume international flights before Aug: Puri

Rediff.com23 May 2020

All scheduled commercial passenger flights have been suspended in India since March 25 when the Modi government imposed a lockdown to contain the novel cornavirus pandemic.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

Why K V Kamath calls Indian banking system the best in 50 years

Why K V Kamath calls Indian banking system the best in 50 years

Rediff.com14 Mar 2024

'I don't think we have ever seen such alignment of everything that we need in the banking sector.'

HC seeks NCB's preliminary probe details against Sameer Wankhede

HC seeks NCB's preliminary probe details against Sameer Wankhede

Rediff.com18 Apr 2024

On Thursday, the bench, after perusing the plea copy, noted that Wankhede had approached the Central Administrative Tribunal, too, against the notices issued to him by the NCB.

'People who have bags full of black money, all that will be out now'

'People who have bags full of black money, all that will be out now'

Rediff.com9 Nov 2016

'It will cause problems for people who deal in small amounts of cash.' 'I hope it does not cause law and order problems.'