News for 'Ministry is Ministry of Consumer Affairs'

Small brands make big impact amid lockdown

Small brands make big impact amid lockdown

Rediff.com19 Apr 2020

Data from market research agency Nielsen shows that 152 new players entered the hygiene market in March as the lockdown was implemented to contain the spread of the coronavirus disease. The trend is expected to continue, the agency says, as hygiene and health emerge as key themes.

The Importance Of Nancy Pelosi

The Importance Of Nancy Pelosi

Rediff.com3 Aug 2022

Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.

Railways to cut down delays, boost major projects

Railways to cut down delays, boost major projects

Rediff.com21 Oct 2015

The railways ministry has a capex target of Rs 1 lakh crore for the financial year.

PNB fraud: 'Probability of bank scams is much higher in PSBs'

PNB fraud: 'Probability of bank scams is much higher in PSBs'

Rediff.com19 Feb 2018

The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe

By 2016, biometrics to plug PDS leakages

By 2016, biometrics to plug PDS leakages

Rediff.com18 Nov 2015

There are about 500,000 fair price shops in states and UTs combined.

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

Rediff.com7 Dec 2021

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.

BJP has little room or need for others

BJP has little room or need for others

Rediff.com10 Nov 2014

Narendra Modi's ministry expansion makes disdain clear for others who are supposedly allies, quite unlike the Vajpayee-led National Democratic Alliance.

Profit on diesel sale swells to Rs 1.90/litre

Profit on diesel sale swells to Rs 1.90/litre

Rediff.com1 Oct 2014

Profit on sale of diesel swelled to Rs 1.90 per litre as oil ministry awaits return of Prime Minister Narendra Modi to cut rates.

Arvind Subramanian's GDP claim has stirred up a hornet's nest

Arvind Subramanian's GDP claim has stirred up a hornet's nest

Rediff.com12 Jun 2019

Subramanian's paper comes at a time when concerns have been raised in various quarters about the official economic growth numbers. The Economic Advisory Council-PM said the Base Year of India's income calculations were shifted to 2011-12 on the basis of recommendations of several committees with experts in national income accounting.

BJP bids to win 2019 polls on PM's 'pro-poor' image

BJP bids to win 2019 polls on PM's 'pro-poor' image

Rediff.com15 May 2017

According to BJP strategists, PMJAY and the PM Ujjwala Yojana will form the nucleus of the Modi government's re-election campaign.

Sitharaman reviews state of economy with regulators

Sitharaman reviews state of economy with regulators

Rediff.com7 Nov 2019

The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.

Virtual currencies are like Ponzi schemes: Finmin warns investors

Virtual currencies are like Ponzi schemes: Finmin warns investors

Rediff.com29 Dec 2017

Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

Why RBI should have cut rates

Why RBI should have cut rates

Rediff.com6 Oct 2017

A cut in rates would have encouraged the banks to lend aggressively on the retail front.

Day after drub, ministers cagey on social media

Day after drub, ministers cagey on social media

Rediff.com10 Nov 2015

Most, save Jaitley and Venkaiah Naidu, were silent on Bihar polls; it was business as usual for the PM.

E-commerce firms ride Make in India to reach rural markets

E-commerce firms ride Make in India to reach rural markets

Rediff.com18 Apr 2016

Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.

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

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.

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.

Veg oil import may fall first time in 6 years

Veg oil import may fall first time in 6 years

Rediff.com24 Mar 2017

Oilseed output to surpass its previous record of 32.75 mt in 2013-14 to 33.59 mt this year

'They should have asked students to get out of Ukraine weeks ago'

'They should have asked students to get out of Ukraine weeks ago'

Rediff.com7 Mar 2022

'An ambassador may not be sure whether there would be a war next month, but prudence requires him to take action to see to it that people leave early.' 'Because once the war starts, it will be very difficult to move out.'

Customers in limbo as banks, RBI thrash out differences

Customers in limbo as banks, RBI thrash out differences

Rediff.com30 Aug 2021

The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.

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.

.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

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.

'2022 will be blockbuster year for films'

'2022 will be blockbuster year for films'

Rediff.com19 Aug 2021

'We will see footfall returning to pre-COVID levels by January.'

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.

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.

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

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.

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.

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.

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.'

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.

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.

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.

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.

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.

'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.'