News for 'Ministry is Ministry of Consumer Affairs'

Lalit Modi resigned from 6 firms ahead of passport revocation

Lalit Modi resigned from 6 firms ahead of passport revocation

Rediff.com22 Jun 2015

Five of these have wound up since, according to records of the Ministry of Corporate Affairs

Why tur dal is set to cost Rs 200 per kg again

Why tur dal is set to cost Rs 200 per kg again

Rediff.com26 Apr 2016

Now, government is also contracting imports.

NSEL fiasco: Stockbrokers, portfolio managers under scanner

NSEL fiasco: Stockbrokers, portfolio managers under scanner

Rediff.com6 Aug 2013

They induced HNIs to trade on spot market commodity exchange with promise of high returns.

A Challenging US Visit for Modi

A Challenging US Visit for Modi

Rediff.com27 Sep 2021

This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.

India Inc hails reboot bid, buckles up to deliver

India Inc hails reboot bid, buckles up to deliver

Rediff.com16 Apr 2020

While FMCG companies were not barred from carrying out their operations during the 21-day lockdown, since most manufacture staples and essential products, capacity utilisation remained poor, owing to the restricted movement of raw materials, finished goods, and labour.

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

Rediff.com16 Sep 2013

IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.

Gold imports surge in November, but 70% lie unused

Gold imports surge in November, but 70% lie unused

Rediff.com10 Dec 2016

Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.

Parliament Nuggets: 175 mobile phones are stolen per day in Delhi

Parliament Nuggets: 175 mobile phones are stolen per day in Delhi

Rediff.com14 Mar 2017

Here is some interesting information released by the government in response to questions posed by MPs in Parliament on Tuesday.

Religious minorities in India felt increasingly vulnerable in 2017: US report

Religious minorities in India felt increasingly vulnerable in 2017: US report

Rediff.com30 May 2018

The report states that while the national government sometimes spoke out against incidents of violence, local political leaders often did not, and at times made public remarks that individuals could interpret as condoning violence.

.32 revolvers, guns & more: Modi's 'arm aadmi' sarkar

.32 revolvers, guns & more: Modi's 'arm aadmi' sarkar

Rediff.com9 Oct 2014

National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports

Reliance to hold its first-ever virtual AGM on July 15

Reliance to hold its first-ever virtual AGM on July 15

Rediff.com22 Jun 2020

In a regulatory filing, Reliance -- the country's most valuable company - said, 'The 43rd AGM will be held on Wednesday, July 15, 2020 at 2 pm though video conferencing / other audio-visual means.'

'Why would Shiv Sena target Kangana Ranaut?'

'Why would Shiv Sena target Kangana Ranaut?'

Rediff.com11 Sep 2020

'There was no fight between the Shiv Sena and her.' 'But if she is still targeting the Shiv Sena, then only she can talk about the reason behind it.'

PM Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties

PM Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties

Rediff.com29 Oct 2019

Prime Minister Modi arrived in Riyadh late Monday night on a two-day visit to Saudi Arabia to participate in the high-profile financial summit Future Investment Initiative, dubbed "Davos in the desert", an initiative of Saudi Crown Prince Mohammed bin Salman.

Has Mallya slipped the net of ED and CBI?

Has Mallya slipped the net of ED and CBI?

Rediff.com12 May 2016

Mallya might continue to elude ED, CBI interrogation in the short term but could still be extradited to India

Dealing with bitcoins? Do so at your own risk

Dealing with bitcoins? Do so at your own risk

Rediff.com14 Dec 2017

Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.

Has Modi Sarkar delivered on Budget 2014?

Has Modi Sarkar delivered on Budget 2014?

Rediff.com4 Feb 2019

Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.

TaxiForSure to raise $100 mn, to expand to 100 cities

TaxiForSure to raise $100 mn, to expand to 100 cities

Rediff.com15 Jan 2015

The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.

'Essential goods' classification puts e-commerce cos in a tizzy

'Essential goods' classification puts e-commerce cos in a tizzy

Rediff.com26 Mar 2020

'It is unclear whether clothing or home items qualify as essential items. A lot of professionals are working from home, and they need electronics for their productivity. Does this qualify as essential?'

FinMin, watchdogs worried about Sahara-NSEL ties

FinMin, watchdogs worried about Sahara-NSEL ties

Rediff.com22 Aug 2013

The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.

ATM transaction charges may rise

ATM transaction charges may rise

Rediff.com19 Feb 2019

Interchange fee is the amount charged by ATM operators for every transaction.

RBI policy endorses government estimates on growth, inflation

RBI policy endorses government estimates on growth, inflation

Rediff.com7 Jun 2016

RBI said more monetary transmission to support growth continues to be critical.

Coming soon: The crack down on shell companies

Coming soon: The crack down on shell companies

Rediff.com25 Sep 2017

Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.

Gas price to be hiked from April 2014

Gas price to be hiked from April 2014

Rediff.com27 Jun 2013

The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.

With GST on agenda, Monsoon Session from July 18

With GST on agenda, Monsoon Session from July 18

Rediff.com29 Jun 2016

The session will have 20 working days for now.

Post COVID-19: 'IT industry will emerge stronger'

Post COVID-19: 'IT industry will emerge stronger'

Rediff.com10 Apr 2020

'We have to plan for whatever the new normal is.'

Note ban pain set to get worse with US Fed rate hike

Note ban pain set to get worse with US Fed rate hike

Rediff.com16 Dec 2016

An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.

Black money: 300 accounts in HSBC list have no cash!

Black money: 300 accounts in HSBC list have no cash!

Rediff.com6 Nov 2014

The SIT found and reported that there was no amount shown in almost 289 HSBC Geneva entries, while 122 of them were repeated twice in the same list.

Hyderabad woman vet raped, killed; 4 arrested

Hyderabad woman vet raped, killed; 4 arrested

Rediff.com30 Nov 2019

Chief Minister K Chandrashekar Rao's son and Municipal Administration Minister K T Rama Rao said he would 'personally monitor the case'.

Electronics industry faces BIS certification challenge

Electronics industry faces BIS certification challenge

Rediff.com18 Jun 2013

Bureau has registered just one product so far despite 1,500 applications.

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

Rediff.com24 Jan 2020

Sources said much has been done to ease the tax burden of the middle classes in the last five years, and that such a measure affects only a limited segment of people when the focus should be to put money in rural areas. Archis Mohan reports.

What Brought Economy to Its Knees

What Brought Economy to Its Knees

Rediff.com12 Aug 2021

A combination of demonetisation, a poorly and hurriedly implemented GST, and more recently the "botched up" lockdown of the economy to control the spread of Covid has brought the economy to its knees.

Fadnavis allocates portfolios; BJP retains key depts

Fadnavis allocates portfolios; BJP retains key depts

Rediff.com6 Dec 2014

Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.

What ministers are doing to control soaring food prices

What ministers are doing to control soaring food prices

Rediff.com16 Jun 2016

The country had imported 5.5 million tonnes of pulses last year.

How NSEL scam derailed commodity market in 2013

How NSEL scam derailed commodity market in 2013

Rediff.com25 Dec 2013

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

NSEL confident of settling dues ahead of schedule

NSEL confident of settling dues ahead of schedule

Rediff.com19 Aug 2013

Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.

China's Huawei all set to start manufacturing in booming India

China's Huawei all set to start manufacturing in booming India

Rediff.com16 Jul 2015

Pending final approvals, Huawei would become the first big-name Chinese phone maker to manufacture hardware in India's growing market.

National Spot Exchange payment crisis fears ebb

National Spot Exchange payment crisis fears ebb

Rediff.com3 Aug 2013

After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.

India's start-up world booms with 100,000 new firms in 2014

India's start-up world booms with 100,000 new firms in 2014

Rediff.com11 Sep 2015

About 80 per cent of the companies that are registered are essentially non-IT.

E-commerce draft policy plugs gifting loophole for foreign sites

E-commerce draft policy plugs gifting loophole for foreign sites

Rediff.com5 Mar 2019

Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.