News for 'Markets Authority'

SC slams Ramdev, Balkrishna; rejects apology over Patanjali misleading ads

SC slams Ramdev, Balkrishna; rejects apology over Patanjali misleading ads

Rediff.com10 Apr 2024

Ramdev and Balkrishna have tendered an "unconditional and unqualified apology" before the apex court over advertisements issued by the firm making tall claims about the medicinal efficacy of its products.

Delhi's Janpath Market shut for Covid norm violation

Delhi's Janpath Market shut for Covid norm violation

Rediff.com12 Jul 2021

Delhi was under a lockdown from April 19 to May 30 during the second wave of the Covid pandemic. Markets were allowed to open from June 7 under a phased reopening plan of the city government.

Litchi Heats Up Election Season In Muzaffarpur

Litchi Heats Up Election Season In Muzaffarpur

Rediff.com19 May 2024

'The local support from our MP is nil. He never comes to see our farms.'

'FAME must include tractors and LCVs'

'FAME must include tractors and LCVs'

Rediff.com15 Jun 2024

'The scheme excludes tractors, light commercial vehicles, and medium and heavy commercial vehicles.'

Foreign cos get GST relief on loans to Indian arms

Foreign cos get GST relief on loans to Indian arms

Rediff.com28 Jun 2024

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Additional fees, commissions, or related payments - over and above the amount charged as interest - on these loans will attract GST at 18 per cent, the Central Board of Indirect Taxes and Customs (CBIC) has said.

'Govt won't privatise GIC Re at this stage'

'Govt won't privatise GIC Re at this stage'

Rediff.com5 May 2024

'Because it is the only public sector company in this sector, currently.'

Pre-monsoon rains claim 11 lives in Kerala in a week

Pre-monsoon rains claim 11 lives in Kerala in a week

Rediff.com25 May 2024

As heavy rains continue to lash Kerala, the India meteorological department on Friday issued an orange alert in eight districts in Kerala for Friday.

Indians in Russia to seek Modi's help to build Hindu temple

Indians in Russia to seek Modi's help to build Hindu temple

Rediff.com8 Jul 2024

The Indian community in Russia are eagerly waiting for Prime Minister Narendra Modi's visit to Moscow and will be seeking his support to build a Hindu temple in the country, a new Indian school building and the availability of more direct flights to India.

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Rediff.com17 Apr 2024

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.

Tracking non-food retail inflation trends in India

Tracking non-food retail inflation trends in India

Rediff.com4 Sep 2024

Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

Don't sell Ulips as investment products: Irdai to insurance companies

Don't sell Ulips as investment products: Irdai to insurance companies

Rediff.com24 Jun 2024

The Insurance Regulatory and Development Authority of India (IRDAI) has asked life insurance companies not to advertise unit-linked plans as investment products in a recent circular.

Dj vu? Analysts ring warning bell on market rally

Dj vu? Analysts ring warning bell on market rally

Rediff.com16 Sep 2022

It has mostly been a one-way street for markets that have moved up sharply since July. The front-line indices - the S&P BSE Sensex and the Nifty50 - have gained 6.7 per cent and 7.3 per cent, respectively, in the past three months. The rally in mid- and small-caps has been sharper, with both indices surging 14 per cent and 9 per cent, respectively, during this period. This sharp run has made analysts at Jefferies cautious.

Udhayanidhi Stalin And The Sound of Silence

Udhayanidhi Stalin And The Sound of Silence

Rediff.com11 Oct 2024

Tamil Nadu's Deputy Chief Minister Udhayanidhi Stalin has reacted to Andhra Pradesh counterpart Pawan Kalyan's out-of-turn taunts with a one-liner, 'Let's wait', and thereby hangs a tale, notes N Sathiya Moorthy.

India can sustain 8% growth, even higher: RBI bulletin

India can sustain 8% growth, even higher: RBI bulletin

Rediff.com19 Mar 2024

India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin published on Tuesday. Over the period 2021-24, gross domestic product (GDP) growth has averaged above 8 per cent. The global economy is losing steam, with growth slowing in some of the most resilient economies and high frequency indicators, pointing to further levelling in the period ahead, said the article authored by a team led by RBI Deputy Governor Michael Debabrata Patra.

'Cancelling Adani Project Not Good Sign'

'Cancelling Adani Project Not Good Sign'

Rediff.com30 Sep 2024

'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'

How WCT20 Can Help Boost Trade

How WCT20 Can Help Boost Trade

Rediff.com17 Jun 2024

Global consumer preferences can be influenced through music, films, literature, yoga and sports because they create interest and a sense of familiarity that can help our businesses to access foreign markets, suggests T N C Rajagopalan.

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.

Over 85% Billionaires Are Upper Castes

Over 85% Billionaires Are Upper Castes

Rediff.com24 Jun 2024

While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.

Top teams perform on tour, not just at home: Hayden

Top teams perform on tour, not just at home: Hayden

Rediff.com21 Aug 2024

Indian batting stalwart Virat Kohli and Australia's Steve Smith would be more than keen to stamp their authority in the upcoming Border-Gavaskar series in which runs would be "at a premium", feels Australian great Matthew Hayden.

Regulate Big Tech's AI Now!

Regulate Big Tech's AI Now!

Rediff.com21 Mar 2024

Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.

'The Judiciary Is Like A Black Hole'

'The Judiciary Is Like A Black Hole'

Rediff.com16 Oct 2024

'People don't know about the immense pressures that come with this position -- every decision a judge takes affects real people and their lives.' 'This is not a job that one can take lightly.' A

Inflation seen closer to target in FY26: RBI report

Inflation seen closer to target in FY26: RBI report

Rediff.com22 May 2024

The Reserve Bank of India's (RBI's) state of the economy report observed that any durable alignment of headline retail inflation with the target of 4 per cent could recommence in the second half of FY25 and sustain until numbers closer to the target are seen during the course of FY26, dashing hopes of any reduction in the policy repo rate in the current financial year. The report, authored by RBI staffers, including Deputy Governor in charge of monetary policy Michael Patra, said though headline numbers may fall in July and August due to base effect, it is likely to reverse in September.

Sudden downpour floods Delhi, Mumbai gets a respite

Sudden downpour floods Delhi, Mumbai gets a respite

Rediff.com10 Jul 2024

A sudden downpour in Delhi caught citizens off guard and caused heavy waterlogging and traffic jams on Tuesday while Mumbai breathed a sigh of relief as showers stopped a day after heavy rain brought the metropolis to its knees.

GST anti-profiteering authority pulls up Nestle

GST anti-profiteering authority pulls up Nestle

Rediff.com12 Dec 2019

The National Anti-Profiteering Authority has ordered FMCG major Nestle to deposit Rs 73.15 crore with Consumer Welfare Fund for not passing GST rate reduction benefit to consumers. Refuting the charges, Nestle said the benefits largely have been passed on by way of reduction of MRP or by way of increase in grammage.

'Will end year with a growth rate of over 30 per cent'

'Will end year with a growth rate of over 30 per cent'

Rediff.com13 Apr 2024

'In life insurance, it is about creating distribution capacity and solutions for customers. We are constantly working on that.'

GOAT, Vijay's Failed Political Launch Vehicle

GOAT, Vijay's Failed Political Launch Vehicle

Rediff.com9 Sep 2024

Vijay has a lot of young and middle-aged women fans, but as voters, they are possibly now with the DMK, or remain with the AIADMK. Recapturing this constituency would have helped Vijay's political launch and the GOAT script and dialogues could have gone a long way in helping out. But the kind of script and screenplay and the unusually and equally unnecessary long run-time (3 hours, 3 minutes) that GOAT offers takes the film experience over the heads of those that are not familiar with secret agents and uranium theft in Tamil cinema, observes N Sathiya Moorthy.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

India likely to grow by 7.5% in Q1, says article in RBI Bulletin

India likely to grow by 7.5% in Q1, says article in RBI Bulletin

Rediff.com21 May 2024

India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday. The Indian economy has demonstrated marked resilience in the face of geopolitical headwinds impacting the supply chain, said an article on the state of the economy published in the May Bulletin.

Claims Can't Be Rejected For Missing Docs

Claims Can't Be Rejected For Missing Docs

Rediff.com13 Jun 2024

In its master circular on general insurance products, which takes immediate effect, Irdai specified, 'The customer may be required to submit only those documents directly related to claim settlement.'

Sudha Murty takes oath as RS MP

Sudha Murty takes oath as RS MP

Rediff.com14 Mar 2024

Engineer-turned-philanthropist Sudha Murty on Thursday took oath as Rajya Sabha MP in the presence of her husband N R Narayana Murthy.

Uncle Sam's Dollar Ponzi Scheme

Uncle Sam's Dollar Ponzi Scheme

Rediff.com12 Jul 2024

US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.

Covid originated in animals at Wuhan market and spread to humans: Studies

Covid originated in animals at Wuhan market and spread to humans: Studies

Rediff.com28 Feb 2022

The first study used spatial analysis to show that the earliest known COVID-19 cases, diagnosed in December 2019, were centered on the Wuhan market.

Companies Join Battle Against Sugar, Salt

Companies Join Battle Against Sugar, Salt

Rediff.com15 Jul 2024

Mondelez, Coca-Cola, PepsiCo and Nestle India have been working on bringing down the sugar, salt, and sodium content.

Why Drug Prices Won't Increase This Year

Why Drug Prices Won't Increase This Year

Rediff.com5 Apr 2024

The government has been stringent with pricing changes. Prices of 651 essential medicines came down from April 1, 2023 by 6.73 per cent with the government capping ceiling prices of these drugs.

10 Safe Stocks To Bet In Volatile Market

10 Safe Stocks To Bet In Volatile Market

Rediff.com20 Mar 2023

10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.

Gold, Silver May Sparkle This Financial Year

Gold, Silver May Sparkle This Financial Year

Rediff.com12 Apr 2024

Since the last nine years, gold investors have made money each year, while gains in silver have been consistent only in the last five years.

21 Int'l bodies urge CJI for swift resolution of Adani coal imports case

21 Int'l bodies urge CJI for swift resolution of Adani coal imports case

Rediff.com24 May 2024

The letter comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a "fraud" by the Adani Group by selling low-grade coal as high-value fuel in 2013.

Over 130 schools in Delhi-NCR get bomb threat; IS angle suspected

Over 130 schools in Delhi-NCR get bomb threat; IS angle suspected

Rediff.com1 May 2024

The Delhi Police said it has conducted a thorough check of all schools that received the bomb threat but found nothing.

PV or CV at TN plant? TaMo to decide based on trends

PV or CV at TN plant? TaMo to decide based on trends

Rediff.com15 Mar 2024

Tata Motors will soon submit a detailed report on the upcoming manufacturing plant in Tamil Nadu's Ranipet district and a decision, on whether the facility will churn out passenger or commercial vehicles, will be taken by the company on the basis of market trends, state's industries minister TRB Rajaa said on Thursday. "They are keeping the options open, and market trends will determine it (the type of vehicles the plant will make). "They will quickly come up with a detailed report on that," Rajaa said.