News for 'Letter of Credit'

Hopes dashed, why India Inc fears Modi now

Hopes dashed, why India Inc fears Modi now

Rediff.com10 Apr 2018

'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.

Raghuram Rajan: A victim of dirty politics

Raghuram Rajan: A victim of dirty politics

Rediff.com21 Jun 2016

Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.

Satyam scar lingers even after 7 years

Satyam scar lingers even after 7 years

Rediff.com8 Jan 2016

Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.

'This year brought me the worst and best experience of my life'

'This year brought me the worst and best experience of my life'

Rediff.com27 Nov 2018

Radhika Sharma/PTI catches up with the stars at the international film festival in Goa.

Neglect of 1992 scam led to Mallya, Modi frauds

Neglect of 1992 scam led to Mallya, Modi frauds

Rediff.com7 Mar 2018

'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.

Mullah Omar is alive and well in Karachi, says Afghan spy chief

Mullah Omar is alive and well in Karachi, says Afghan spy chief

Rediff.com29 Dec 2014

Taliban's reclusive leader Mullah Muhammad Omar is alive and hiding in the Pakistani city of Karachi, a top Afghan intelligence official has said, echoing a similar assessment by Western intelligence officials.

CBI likely to file more FIRs against Kingfisher

CBI likely to file more FIRs against Kingfisher

Rediff.com13 Oct 2015

SBI is likely to register more FIRs to bring into the ambit of probe the additional Rs 3,100 crore loans from 10 other nationalised banks on which the company has allegedly defaulted.

The secret behind Mukesh Bansal's success

The secret behind Mukesh Bansal's success

Rediff.com12 Feb 2016

People who have worked with Mukesh Bansal describe him as approachable and extremely polite but someone who likes to maintain a strict work schedule.

Veteran journalist Kuldip Nayar dead; Prez, PM, others pay tribute

Veteran journalist Kuldip Nayar dead; Prez, PM, others pay tribute

Rediff.com23 Aug 2018

President Ram Nath Kovind said he was 'a determined champion of democracy during the Emergency' and would be missed by his readers.

'No one expects from me to play a lead heroine'

'No one expects from me to play a lead heroine'

Rediff.com3 Sep 2019

'I've been tagged as a Punchnama girl, where I break everyone's hearts. I wanted to be a heroine in that film but what did they make me?'

I heard bin Laden take his last breath as I shot him: Ex-Navy SEAL

I heard bin Laden take his last breath as I shot him: Ex-Navy SEAL

Rediff.com13 Nov 2014

A former US Navy SEAL who claims he killed Osama bin Laden in Pakistan has said that he heard the world's most wanted man take his last breath after he pumped three bullets into the head of the al Qaeda chief.

REVEALED! The US soldier who shot down Osama

REVEALED! The US soldier who shot down Osama

Rediff.com6 Nov 2014

Meet Rob O'Neill, a man who grew up in a mining town in the US state of Montana. He's also the highly decorated US Navy SEAL who shot dead Osama bin Laden during the 2011 raid on the terrorist mastermind's secret lair in Pakistan.

Memories from Mrinalda

Memories from Mrinalda

Rediff.com30 Dec 2018

In this excerpt from a conversation with Samik Bandopadhyay, Mrinalda discusses three legendary actors he has worked with.

How to end tax uncertainty

How to end tax uncertainty

Rediff.com7 Sep 2015

Pushing people to litigation is a major source of tax uncertainty.

Bitcoin fails to gain currency with RBI

Bitcoin fails to gain currency with RBI

Rediff.com25 Dec 2013

Central bank raises red flag, warns of potential risk

Now, you can avail a home loan online!

Now, you can avail a home loan online!

Rediff.com5 Aug 2016

For those who find the online facility difficult, there is an electronic tutorial, and staff to assist you.

In a first, PMO assigns work for junior ministers

In a first, PMO assigns work for junior ministers

Rediff.com30 Jul 2016

Breaking a long tradition, the PMO has ensured that specific divisions in each ministry are allocated to junior ministers.

Why Sunil Godhwani's exit is a big blow to Religare

Why Sunil Godhwani's exit is a big blow to Religare

Rediff.com14 Sep 2017

Godhwani's exit comes at a time when the company's fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian.

The A to Z of Shah Rukh Khan

The A to Z of Shah Rukh Khan

Rediff.com2 Nov 2019

On the actor's 54th birthday on November 2, we write another tome about the boy with big dreams and a regrettable haircut, who defied incredible odds to become one of the most loved actors on the planet.

What can we expect from the Kim-Moon summit?

What can we expect from the Kim-Moon summit?

Rediff.com17 Sep 2018

'Much depends on Moon's persuasive skill to make both Trump and Kim shed some of their rigidity and be flexible to accommodate contrarian viewpoints,' says Dr Rajaram Panda.

Fresh curbs unlikely as gold imports fall sharply

Fresh curbs unlikely as gold imports fall sharply

Rediff.com28 Dec 2014

In the first fortnight of December, the gold imports have fallen to about 25 tonnes, from 150 tonnes during entire November

Sheena Bora Trial: A year of tortuous twists and turns

Sheena Bora Trial: A year of tortuous twists and turns

Rediff.com18 Dec 2019

When the hearings resume January 3, you wonder how many things will change and how many things will remain forever the same, as the Sheena Bora trial moves ahead.

Can Bangladesh repeat 2007 World Cup performance against India?

Can Bangladesh repeat 2007 World Cup performance against India?

Rediff.com14 Jun 2017

Professionalism will be pitted against passion when defending champions India square off with Bangladesh in the second semi-final of the ICC Champions Trophy, in Birmingham on Thursday.

RIL to sell gas at current rate as govt defers price revision

RIL to sell gas at current rate as govt defers price revision

Rediff.com28 Mar 2014

Oil Minister M Veerappa Moily approved continuation of the existing rate of $4.2 per million British thermal units until the new government, which will be in place in May, decides on implementation of the new price formula.

RBI slaps Rs 6.5 cr penalty on 6 PSU banks

RBI slaps Rs 6.5 cr penalty on 6 PSU banks

Rediff.com23 Aug 2013

The RBI on Friday imposed a fine of Rs 6.5 crore (Rs 65 million) on six public sector banks including IDBI Bank, Dena Bank and Indian Bank, for violation of customer identification or KYC norms and anti-money laundering guidelines.

10 lesser known facts about newly-crowned Wimbledon champion Sania Mirza

10 lesser known facts about newly-crowned Wimbledon champion Sania Mirza

Rediff.com14 Jul 2015

Sunita Iyer, lists the10 lesser known facts about the golden girl of Indian tennis.

Sensex falls 362 points to end at 23,191

Sensex falls 362 points to end at 23,191

Rediff.com16 Feb 2016

The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.

Monarchs who abdicated in 21st century

Monarchs who abdicated in 21st century

Rediff.com19 May 2017

A list of monarchs who abdicated after 2000.

When designer Sabyasachi shamed women who can't wear a sari

When designer Sabyasachi shamed women who can't wear a sari

Rediff.com15 Feb 2018

'If you tell me you do not know how to wear a saree, I would say shame on you.'

Chidambaram for mobilising resources from insurance, pension sectors

Chidambaram for mobilising resources from insurance, pension sectors

Rediff.com18 Jun 2013

The finance minister was speaking after launching the maiden IDF scheme of IIFCL Mutual Fund in New Delhi on Tuesday.

RBI governors and their bittersweet relationship with the govt

RBI governors and their bittersweet relationship with the govt

Rediff.com2 Apr 2015

Erstwhile RBI governors, including Raghuram Rajan never had cordial relations with the government.

10 Things You Didn't Know About Gone With The Wind

10 Things You Didn't Know About Gone With The Wind

Rediff.com15 Mar 2019

Did you know that Clark Gable nearly didn't say 'Frankly, my dear I don't give a damn' in Gone With The Wind? Or the film's India connections?

Pujara 10/10; Bumrah 9/10: Aussie Report Card

Pujara 10/10; Bumrah 9/10: Aussie Report Card

Rediff.com8 Jan 2019

How India's players fared in Australia.

The real reason behind Rajan's exit

The real reason behind Rajan's exit

Rediff.com30 Jun 2016

The government seemed unhappy with Raghuram Rajan's interest rate policy.

'Irrfan is one of the world's greatest actors'

'Irrfan is one of the world's greatest actors'

Rediff.com26 Jul 2018

'You can't take your eyes off him.'

Digvijaya blames Congress leaders for Goa fiasco

Digvijaya blames Congress leaders for Goa fiasco

Rediff.com17 Mar 2017

He said had the alliance with Goa Forward gone through, the Congress would have got majority in the state and that it was unfair to now make him a "villain".

'Amit Shah has accomplished Sardar Patel's unfinished task'

'Amit Shah has accomplished Sardar Patel's unfinished task'

Rediff.com9 Aug 2019

'Nehru's hegemonic politics has been responsible for many ills, which undoubtedly includes Kashmir'

7 big steps for Modi 2

7 big steps for Modi 2

Rediff.com30 May 2019

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.

Nagpal row: UP govt tries to save face, Congress wakes up

Nagpal row: UP govt tries to save face, Congress wakes up

Rediff.com3 Aug 2013

The suspension of Durga Shakti Nagpal, a young IAS officer, is likely to be withdrawn by the Uttar Pradesh government as the case has become extremely high-profile.

Why she said NO to reservation

Why she said NO to reservation

Rediff.com16 Feb 2017

'My parents have taught me that there is nothing more valuable than humanity.' 'I have seen poor and deserving people striving to get ahead in life and how reservation helps them.' 'At the same time I have seen rich kids with well to do parents still taking advantage of reservation.' 'I cannot be an opportunist. I cannot be a hypocrite.' 'I cannot say I believe in humanity and equality and do exactly the opposite.'