News for 'National Financial Reporting Authority'

Post Pulwama, Pak remains safe haven for terrorists: US

Post Pulwama, Pak remains safe haven for terrorists: US

Rediff.com24 Jun 2020

The suspension of US aid to Pakistan, which was announced by President Donald Trump in January 2018, remained in effect throughout 2019, the State Department said.

Govt starts audit of FY18 GST returns

Govt starts audit of FY18 GST returns

Rediff.com9 Jan 2020

The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three.

Good news for stressed asset buyers

Good news for stressed asset buyers

Rediff.com12 Dec 2019

In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.

Modiji, whatever happened to competing with China?

Modiji, whatever happened to competing with China?

Rediff.com23 Oct 2020

Now we must first compete with Bangladesh. This is not what we had been promised, notes Aakar Patel.

India's GDP projected to slow to 6.6% post-demonetisation: IMF

India's GDP projected to slow to 6.6% post-demonetisation: IMF

Rediff.com22 Feb 2017

India's economy grew at 7.6 per cent in 2015-16.

How the NPS can benefit young investors

How the NPS can benefit young investors

Rediff.com1 Mar 2018

Raising equity exposure to 50 per cent in the National Pension Scheme will benefit young investors, provided they can stomach higher volatility.

Railways goes corporate, will scrap Rs 30,000 cr social subsidy

Railways goes corporate, will scrap Rs 30,000 cr social subsidy

Rediff.com18 May 2017

This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.

No cut in spectrum price as govt okays airwave auction

No cut in spectrum price as govt okays airwave auction

Rediff.com21 Dec 2019

Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.

Amarinder's Price for joining BJP...

Amarinder's Price for joining BJP...

Rediff.com21 Sep 2021

If the BJP wants to recruit him, it needs to make the supreme sacrifice -- of rolling back the three farm laws, because without that, Amarinder Singh is unlikely to cross over.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

PM surveys flood-hit Kerala, grants Rs. 500 cr emergency aid

PM surveys flood-hit Kerala, grants Rs. 500 cr emergency aid

Rediff.com18 Aug 2018

An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.

ISIS terror funding: India meets global eco powers in Paris

ISIS terror funding: India meets global eco powers in Paris

Rediff.com13 Dec 2015

India along with major world economies is participating in the first-ever global meeting being held here to discuss and evolve mechanisms to combat the clandestine and largely undetected terrorist financing network of the Islamic State terror group.

UK nails Dawood's frontman with CBI's help

UK nails Dawood's frontman with CBI's help

Rediff.com4 Sep 2008

According to the sources, the National Terrorist Financial Investigation Unit of New Scotland Yard began investigations against Salim Mohammed Ghaus Sheikh following a 'suspicious account' report given by the Citibank group.The UK probe agency came to know from newspapers that Ghaus was a wanted by CBI in Ghutka case. The Citibank reported to the British authorities about suspicious transaction of Rs 19 crore of Ghaus.CBI was immediately approached by the New Scotland yard.

Why Switzerland is as desperate as Adityanath for Noida airport to take off

Why Switzerland is as desperate as Adityanath for Noida airport to take off

Rediff.com5 Oct 2021

There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.

How Jio is denting the profits of incumbent operators

How Jio is denting the profits of incumbent operators

Rediff.com3 Sep 2018

According to JP Morgan, it seems that Jio is willing to go for the jugular in chasing market share if this hurts some of its standing rivals like Vodafone and Idea to a point from where they find it difficult to fight back.

Meet Nirav Modi's core team

Meet Nirav Modi's core team

Rediff.com22 Apr 2019

The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.

Job situation in India is not all that scary

Job situation in India is not all that scary

Rediff.com17 Jan 2018

7 million jobs will be created in formal sector in FY18

Banks given time till mid-Dec to deal with pesky calls

Banks given time till mid-Dec to deal with pesky calls

Rediff.com27 Nov 2013

Telecom Regulatory Authority of India Chairman Rahul Khullar said insurance companies have asked for 4-6 weeks to deal with unsolicited commercial call or SMS.

IL&FS scam: Major setback for the accounting firms

IL&FS scam: Major setback for the accounting firms

Rediff.com9 Aug 2019

The auditors -- the local arms of the Big Four global firms Deloitte Haskins & Sells and KPMG which has BSR & Associates as an affiliate here-had challenged the jurisdiction of the NCLT to ban them.

India lost Rs 90K cr to false trade invoicing, says US think-tank

India lost Rs 90K cr to false trade invoicing, says US think-tank

Rediff.com6 Jun 2019

In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year

World anti-money laundering body deletes FIFA-related warning

World anti-money laundering body deletes FIFA-related warning

Rediff.com23 Jun 2015

A world anti-money laundering body has deleted all trace of an alert it issued last week warning that financial institutions had not done enough to police suspicious financial activity by officials at FIFA.

US to donate 200 ventilators to India

US to donate 200 ventilators to India

Rediff.com19 May 2020

The first tranche of 50 expected to arrive soon as part of efforts to strengthen bilateral cooperation in the fight against the COVID-19 pandemic

Infrastructure: Govt policy inconsistent

Infrastructure: Govt policy inconsistent

Rediff.com25 Mar 2015

Corporatisation of NHAI was one of the achievements of the NDA govt.

DeMo led to wider taxpayers' base, more household savings

DeMo led to wider taxpayers' base, more household savings

Rediff.com29 Jan 2018

New filers reported an average income, in many cases, close to the income tax threshold of Rs 250,000, limiting the early revenue impact.

Is our money in the banks safe?

Is our money in the banks safe?

Rediff.com7 Nov 2019

'Clearly, the depositors of cooperative banks need the maximum protection.'

Mumbai could be submerged by 2050: Study

Mumbai could be submerged by 2050: Study

Rediff.com30 Oct 2019

"Built on what was a series of islands, the city's historic downtown core is particularly vulnerable," the NYT said.

Why sports in India is struggling to make a mark

Why sports in India is struggling to make a mark

Rediff.com29 Dec 2015

A Parliamentary Standing Committee praised the government for the wrestling and boxing facilities at the Sports Authority of India's Sonepat Center but pointed out that "excellence needs to be replicated for other sports disciplines".

Government adopts UPA's Aadhaar Bill

Government adopts UPA's Aadhaar Bill

Rediff.com7 Mar 2016

The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.

Trump imposes sanctions on Turkey, says prepared to 'swiftly destroy' its economy

Trump imposes sanctions on Turkey, says prepared to 'swiftly destroy' its economy

Rediff.com15 Oct 2019

The order gives the state and treasury departments authority to consider and impose sanctions on individuals, entities or associates of the Turkish government involved in actions that endanger civilians or lead to the further deterioration of peace, security and stability in northeast Syria.

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

Rediff.com20 Oct 2020

The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.

Why Nirav Modi reminds me of Nick Leeson

Why Nirav Modi reminds me of Nick Leeson

Rediff.com1 Mar 2018

Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.

Pakistan bans Hafiz Saeed-backed terror outfit

Pakistan bans Hafiz Saeed-backed terror outfit

Rediff.com1 Jul 2017

Pakistan has quietly banned Tehreek-e-Azaadi Jammu and Kashmir, a new front for Hafiz Saeed's Jamaat-ud-Dawa, as international pressure on the country grew, including from a global watchdog, to combat terror and its funding.

Units without effluent treatment plants won't be allowed: SC

Units without effluent treatment plants won't be allowed: SC

Rediff.com22 Feb 2017

If industrial units do not have functional PETPs, then they will not be allowed to function any more, the court said.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

RBI's identity has been damaged: Former gov

RBI's identity has been damaged: Former gov

Rediff.com10 Jan 2017

'For the RBI, for a central bank, reputational risk is the worst risk.' 'Credibility is the worst risk,'

'I've created 7 million jobs this year'

'I've created 7 million jobs this year'

Rediff.com20 Jan 2018

'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'

Crisis at LAC due to Modi's mismanagement: Sonia

Crisis at LAC due to Modi's mismanagement: Sonia

Rediff.com23 Jun 2020

Addressing the Congress Working Committee, the president of the party said, ""Misfortunes do not come singly. India has been hit by a terrible economic crisis, a pandemic of huge proportions and, now, by a full-blown crisis on the borders with China. Much of each crisis is attributable to the mismanagement of the BJP-led National Democratic Alliance government and the wrong policies pursued by it."

Are our hard earned money safe under the new banking bill?

Are our hard earned money safe under the new banking bill?

Rediff.com18 Dec 2017

The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.

Black money: Switzerland agrees to share information with India

Black money: Switzerland agrees to share information with India

Rediff.com16 Jun 2017

The issue of black money has been a matter of great debate in India and Switzerland has been long perceived as one of the safest havens for the illicit wealth

'Google tax' may be deferred till September

'Google tax' may be deferred till September

Rediff.com14 May 2020

E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.