News for 'Investment Committee'

'UP results damaged Priyanka's political brand'

'UP results damaged Priyanka's political brand'

Rediff.com21 Mar 2022

'Priyanka did draw huge crowds and eventually all of those ended up voting for the Samajwadi Party.' 'The voters today are smart enough to vote for the party which they know is going to win or they know this party will come second, but no way will they vote for a party which will come third or fourth.'

Russia's Sputnik-V vaccine gets nod for use in India

Russia's Sputnik-V vaccine gets nod for use in India

Rediff.com12 Apr 2021

The Drugs Controller General of India will take a final call on the recommendation. If approved, it will be the third COVID-19 vaccine to be available in India.

Devendra Fadnavis to head CMs' panel on agriculture reform

Devendra Fadnavis to head CMs' panel on agriculture reform

Rediff.com2 Jul 2019

The committee has been tasked to come up with policy measures to boost agriculture exports, raise growth in food processing, attract investments in modern market infrastructure, value chains and logistics.

Farm laws repeal: Who Won, Who Lost

Farm laws repeal: Who Won, Who Lost

Rediff.com30 Nov 2021

Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.

Why Indians Study Medicine In Ukraine

Why Indians Study Medicine In Ukraine

Rediff.com2 Mar 2022

'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'

Qatar interested in hosting 2032 Olympic Games

Qatar interested in hosting 2032 Olympic Games

Rediff.com27 Jul 2020

It has invested billions of dollars in preparing for the 2022 soccer World Cup. However, human rights groups have criticised the treatment of migrant workers.

India 'A' vs NZ 'A': Panchal likely to lead in 'Tests', Rahane to play Duleep Trophy

India 'A' vs NZ 'A': Panchal likely to lead in 'Tests', Rahane to play Duleep Trophy

Rediff.com21 Aug 2022

Gujarat opener Priyank Panchal is likely to lead India 'A' in three four-day 'Tests' against New Zealand 'A'

At Chintan Shivir, Cong moots '1 family, 1 ticket' formula

At Chintan Shivir, Cong moots '1 family, 1 ticket' formula

Rediff.com13 May 2022

Sending out a clear message to Congress ranks, Sonia said the party will have to change its style of functioning with changing times and urged them to keep the organisation above their personal ambitions.

After Amazon, Flipkart fined for allowing sale of poor quality cookers

After Amazon, Flipkart fined for allowing sale of poor quality cookers

Rediff.com18 Aug 2022

The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1 lakh on e-commerce firm Flipkart for allowing sale of substandard domestic pressure cookers on its platform, in violation of mandatory standards. Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days. The central government routinely notifies the Quality Control Orders (QCOs), specifying compulsory conformity to a standard and use of the standard mark for a product to protect consumers from the risk of suffering injury and harm and in the interest of the public at large.

RIL-BP to invest $8-10 billion to produce more gas

RIL-BP to invest $8-10 billion to produce more gas

Rediff.com18 Oct 2013

They also voiced concerns over a double penalty being sought to be imposed on them for KG-D6 fields output not matching targets.

Farm reforms may help Cargill's expansion plans in India

Farm reforms may help Cargill's expansion plans in India

Rediff.com10 Oct 2020

Cargill believes the reforms would act as a catalyst in attracting private sector investment in building supply chains for taking Indian farm produce to national and global markets.

Can This Banker Get Srei Back To Business?

Can This Banker Get Srei Back To Business?

Rediff.com21 Oct 2021

A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.

Sensex falls 215 points in volatile trade post RBI policy

Sensex falls 215 points in volatile trade post RBI policy

Rediff.com8 Jun 2022

Equity benchmarks extended their decline for the fourth straight session on Wednesday, with the Sensex falling 214.85 points after the Reserve Bank raised the key interest rate by 50 basis points. Continuous foreign fund outflows and surging crude oil prices also weighed on markets. The 30-share BSE benchmark dropped 214.85 points or 0.39 per cent to settle at 54,892.49.

'India should start thinking about having its own crypto exchange and crypto currency'

'India should start thinking about having its own crypto exchange and crypto currency'

Rediff.com17 Dec 2021

'India should start leveraging rather than banning crypto.'

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

Rediff.com2 Nov 2022

On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).

Unwinding high indirect taxes on fuel is critical for economy: RBI's Das

Unwinding high indirect taxes on fuel is critical for economy: RBI's Das

Rediff.com23 Feb 2021

With inflation under control, the Monetary Policy Committee's (MPC's) job is to support growth because the economy had recovered well from the lows in the initial months of the pandemic, according to the panel's members, who met in the first week of this month. The minutes of the meeting show the Reserve Bank of India (RBI) governor in his statement said: "Given the sharp moderation in inflation along with a stable near-term outlook, monetary policy needs to continue with the accommodative stance to ensure that the recovery gains greater traction and becomes broad-based." Ashima Goyal, external member of the MPC, said: "The current macroeconomic configuration and its expected future evolution imply there is space for the MPC to continue to support the revival of the economy with inflation remaining in the target band."

India to become world's fastest growing economy: FinMin report

India to become world's fastest growing economy: FinMin report

Rediff.com10 Nov 2021

Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said. Rapid vaccination and teeming festivities will push India's ongoing recovery resulting in narrowing of demand-supply mismatches and greater employment opportunities, as per the monthly Economic Review prepared by the ministry.

Bad-loan market may soon see flurry of activities

Bad-loan market may soon see flurry of activities

Rediff.com29 Nov 2021

Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

Committed to bring Uniform Civil Code, but after discussions: Shah

Committed to bring Uniform Civil Code, but after discussions: Shah

Rediff.com24 Nov 2022

Union Home Minister Amit Shah on Thursday said the Bharatiya Janata Party is committed to bring Uniform Civil Code (UCC) in the country but only after following all democratic processes and discussions on it.

Russia will play a major role in India's energy sector

Russia will play a major role in India's energy sector

Rediff.com10 May 2022

Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.

Will Modi's farm reforms ensure food security?

Will Modi's farm reforms ensure food security?

Rediff.com16 Oct 2020

Prime Minister Narendra Modi on Friday said the government is committed towards procurement of agri crops at minimum support price (MSP) and termed it as an important part of the country's food security. He further said that efforts are being made to improve mandi infrastructure so that MSP buying continues in a scientific way.

RS okays 74% FDI in insurance; majority of directors to be Indians, says FM

RS okays 74% FDI in insurance; majority of directors to be Indians, says FM

Rediff.com18 Mar 2021

The Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent, with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.

Stalin's Son Rises In The Party Of The Rising Sun

Stalin's Son Rises In The Party Of The Rising Sun

Rediff.com1 Dec 2022

His likable boy-next-door face and casual approach to public speaking have a unique appeal for the younger generation, but it stops there, observes N Sathiya Moorthy.

China to invest $8.5 billion to upgrade Pak's rail network, build gas pipeline

China to invest $8.5 billion to upgrade Pak's rail network, build gas pipeline

Rediff.com9 Jun 2016

This project is part of $46 billion China-Pakistan Economic Corridor (CPEC) package and is covered under the CPEC Framework Agreement.

'The govt has done a lot to set the investment climate right'

'The govt has done a lot to set the investment climate right'

Rediff.com18 May 2015

'The transmission sector is going to be the next sunrise industry.'

No victors in Ukraine war, everyone will lose, says Modi in Berlin

No victors in Ukraine war, everyone will lose, says Modi in Berlin

Rediff.com2 May 2022

India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.

What You Must Know About Small Savings

What You Must Know About Small Savings

Rediff.com19 Apr 2021

'Decide on an asset allocation you are comfortable with and stick to it for the long term.'

Sebi plans stress tests, liquid holdings for debt MFs

Sebi plans stress tests, liquid holdings for debt MFs

Rediff.com23 Sep 2020

This is aimed at improving liquidity in all schemes and would help them to meet sudden redemption pressures, said Sebi chairman Ajay Tyagi.

Who will cover cost of postponing Tokyo Games?

Who will cover cost of postponing Tokyo Games?

Rediff.com28 Mar 2020

Tokyo 2020 Olympics organising committee president Yoshiro Mori has told international federations that deciding who foots the bill for postponing the Games to 2021 will be a 'major challenge', Olympic news website insidethegames reported on Saturday.

Indian dream suddenly turns sour for these American companies

Indian dream suddenly turns sour for these American companies

Rediff.com13 Feb 2019

While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.

Chinese cos: Scores of CAs, company secretaries, cost accountants under lens

Chinese cos: Scores of CAs, company secretaries, cost accountants under lens

Rediff.com21 Aug 2022

Scores of chartered accountants, company secretaries and cost accountants are currently under the regulatory scanner for alleged violations of the companies law with respect to setting up of certain Chinese companies and their subsidiaries in India, according to officials. The apex bodies of chartered accountants and company secretaries, ICAI and ICSI, have together received around 400 complaints on the issue and necessary actions have been initiated. The Institute of Cost Accountants of India has also initiated action against some of their members in the matter.

ED slaps money laundering case on Franklin MF

ED slaps money laundering case on Franklin MF

Rediff.com4 Mar 2021

The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.

Govt to bring bill to ban pvt cryptos in winter session

Govt to bring bill to ban pvt cryptos in winter session

Rediff.com23 Nov 2021

Currently, there is no regulation or any ban on the use of cryptocurrencies in the country.

'Farm income will double in 2024'

'Farm income will double in 2024'

Rediff.com4 Feb 2019

'To bring about a paradigm shift in farmers's income, we need to change our approach to agriculture, and transit from the narrow prism of cultivation to a full-fledged enterprise, by building all associated supply chain linkages.' 'This alone will make the farmer an entrepreneur in his own right.'

BharatPe: 'Why should I resign?'

BharatPe: 'Why should I resign?'

Rediff.com12 Apr 2022

'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Rediff.com10 Oct 2022

Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.

China aggressor against India, says next US envoy to Beijing

China aggressor against India, says next US envoy to Beijing

Rediff.com21 Oct 2021

China has been an aggressor against India along the Himalayan border, a top American diplomat nominated by President Joe Biden as his next envoy to Beijing has told lawmakers, stating that the US must hold the Chinese government accountable for failing to play by the rules.

Govt nominees likely on more Sebi panels

Govt nominees likely on more Sebi panels

Rediff.com12 Sep 2019

While experts' views are divided, the move is aimed at improving the coordination between the government and the regulator.

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

Rediff.com4 May 2022

Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.