News for 'National Financial Switch'

'Mumbai will always be vulnerable'

'Mumbai will always be vulnerable'

Rediff.com6 Dec 2023

'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'

Corporate affairs ministry assessing need to ramp up bench strength of NCLT

Corporate affairs ministry assessing need to ramp up bench strength of NCLT

Rediff.com22 Aug 2023

The Ministry of Corporate Affairs (MCA) is contemplating an increase to the existing strength of the National Company Law Tribunal (NCLT) benches to handle the growing case load. The ministry is currently analysing the time taken by each bench to dispose of matters and the total number of cases being handled by each bench. "We need to first determine our requirement, given that the NCLT handles both Company Act and insolvency and bankruptcy matters. "The latter constitutes the majority of the case burden.

FIFA looks to start World Cup in Qatar 1 day earlier

FIFA looks to start World Cup in Qatar 1 day earlier

Rediff.com10 Aug 2022

Normally the ceremony is conducted before the kick-off of the first game of the tournament.

India moves to T+1 settlement from Friday: Here's what experts say

India moves to T+1 settlement from Friday: Here's what experts say

Rediff.com27 Jan 2023

Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle. About 200 stocks, which account for more than 80 per cent of India's market capitalisation, will be settled on a next-day basis, with effect from January 27. This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.

Want to deposit money in your A/C? Drop it in any ATM

Want to deposit money in your A/C? Drop it in any ATM

Rediff.com16 Apr 2015

The RBI plans to increase e-smart facility.

Asian Games: Wushu athlete goes incommunicado

Asian Games: Wushu athlete goes incommunicado

Rediff.com23 Sep 2023

Wushu athlete Mepung Lamgu has gone incommunicado since being denied visa to travel to China for the Asian Games.

Is it time to end a 150-year-old tradition and move to a Jan-Dec financial year?

Is it time to end a 150-year-old tradition and move to a Jan-Dec financial year?

Rediff.com22 Dec 2016

The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.

ED arrests J-K ex-minister Lal Singh in educational trust case

ED arrests J-K ex-minister Lal Singh in educational trust case

Rediff.com8 Nov 2023

Singh was under investigation by the federal agency as part of the case lodged under the Prevention of Money Laundering Act (PMLA) against an educational trust run by his wife and former legislator Kanta Andotra, they said.

It's a good time to start paying for financial advice

It's a good time to start paying for financial advice

Rediff.com29 Sep 2016

Since there are many and complicated choices, retail investors stand to benefit

ZEE's Subhash Chandra bets on white-label ATMs

ZEE's Subhash Chandra bets on white-label ATMs

Rediff.com21 Jan 2015

It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Rediff.com4 Dec 2023

Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Rediff.com19 Jun 2023

The unidentified youths shot Nijjar, a designated terrorist, inside the premises of Guru Nanak Sikh Gurdwara Sahib, of which he was the head, at Surrey at 8:27 pm (local time) on Sunday, they said.

E-Visa for Swedish nationals soon: President

E-Visa for Swedish nationals soon: President

Rediff.com2 Jun 2015

He addressed a seminar on India and Sweden in Stockholm.

Morocco banned from next two African Nations Cups

Morocco banned from next two African Nations Cups

Rediff.com7 Feb 2015

Morocco have been banned from the next two African Nations Cup tournaments as punishment for withdrawing from hosting the 2015 finals over fears of the spread of the Ebola virus.

Is The Congress Doomed?

Is The Congress Doomed?

Rediff.com7 Dec 2023

The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.

Noted economist Abhijit Sen, advocate of MSP, passes away

Noted economist Abhijit Sen, advocate of MSP, passes away

Rediff.com30 Aug 2022

Economist Abhijit Sen, a former Planning Commission member and one of the country's foremost experts on rural economy, died on Monday night. He was 72.

Crypto firms see no long term impact of fall of US banks, investors unsure

Crypto firms see no long term impact of fall of US banks, investors unsure

Rediff.com15 Mar 2023

The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.

Mikes in our Parliament are silenced: Rahul tells British MPs

Mikes in our Parliament are silenced: Rahul tells British MPs

Rediff.com6 Mar 2023

Congress leader Rahul Gandhi told British parliamentarians in London on Monday that functioning microphones in the Lok Sabha are often silenced against the Opposition.

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Who will blink first? Govt or Twitter?

Who will blink first? Govt or Twitter?

Rediff.com29 Jun 2021

Twitter can probably afford to wait it out. But would it have the moral courage to do so? asks Devangshu Datta.

When walking would suffice, Sable ran...

When walking would suffice, Sable ran...

Rediff.com7 Aug 2022

At Birmingham, Avinash Sable became the first non-Kenyan to win a medal since 1994 at the Commonwealth Games.

Modi sounds bugle for Mumbai civic polls, says no dearth of funds for city

Modi sounds bugle for Mumbai civic polls, says no dearth of funds for city

Rediff.com19 Jan 2023

When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.

Why cryptocurrencies will continue to grow in India

Why cryptocurrencies will continue to grow in India

Rediff.com6 Jan 2022

The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.

K'taka BJP MLC alleges Rs 21,473cr tender 'scam', targets CM's son

K'taka BJP MLC alleges Rs 21,473cr tender 'scam', targets CM's son

Rediff.com18 Jun 2021

The BJP MLC, who had switched his loyalty from the Janat Dal-Secular to the BJP two years ago, alleged that the "entire state" including ministers, had been talking about Vijayendra's interference in the administration.

B School Curricula: Time for A Reset?

B School Curricula: Time for A Reset?

Rediff.com21 Sep 2021

... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.

Households in southern states more indebted than rest

Households in southern states more indebted than rest

Rediff.com28 Sep 2021

Household indebtedness is higher in the southern states as compared to the other parts of the country, a report said on Tuesday. Citing the All India Debt and Investment Survey (AIDIS) data from 2013-2019, domestic agency India Ratings said household indebtedness both in rural and urban areas was higher in southern states than rest of India. In 2019, Telangana with 67.2 per cent had the highest proportion of its rural households indebted and Nagaland with 6.6 per cent had the lowest proportion of its rural households indebted.

How Kamalpreet battled depression to shine at Tokyo Olympics

How Kamalpreet battled depression to shine at Tokyo Olympics

Rediff.com31 Jul 2021

The COVID-19 lockdown had wreaked havoc on her mental health to such an extent that discus thrower Kamalpreet Kaur had started trying her hand in cricket to handle the psychological toll of the shutdown.

ASK AJIT: 'This stock hits circuits often. What to do?'

ASK AJIT: 'This stock hits circuits often. What to do?'

Rediff.com29 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

How Tech Is Tackling Knotty HR Problems

How Tech Is Tackling Knotty HR Problems

Rediff.com2 Mar 2022

Tech is also being used to stem resignations, which have recorded a rise amid COVID-19.

Beware of Chinese Bearing Gifts

Beware of Chinese Bearing Gifts

Rediff.com10 Jan 2022

Chinese Foreign Minister Wang Yi on Sunday met Sri Lanka's top leadership and discussed a host of issues, including the debt crisis faced by the island nation, investments, promoting tourism and the fight against the COVID-19 pandemic as the two countries marked the 65th anniversary of diplomatic ties.

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Rediff.com30 Sep 2021

The Union cabinet on Wednesday approved the roll-out of the 'PM POSHAN in Schools' scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.

'India should start thinking about having its own crypto exchange and crypto currency'

'India should start thinking about having its own crypto exchange and crypto currency'

Rediff.com17 Dec 2021

'India should start leveraging rather than banning crypto.'

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

Has Online Education CHANGED Your Kids?

Has Online Education CHANGED Your Kids?

Rediff.com18 Apr 2022

An astrologer told Ramesh Menon that he was increasingly having worried parents asking him about the future of their children who were showing serious behavioural changes like lack of tolerance towards others, shunning social interaction, and even violent behaviour. They were worried because they had never ever seen such traits in their children before the pandemic.

Iceland Changes You Forever

Iceland Changes You Forever

Rediff.com25 Oct 2022

The story of Iceland is the story of life, notes Payal Singh Mohanka after a recent journey to that fascinating land.

E-wallets fast becoming the cards of choice

E-wallets fast becoming the cards of choice

Rediff.com22 Apr 2022

In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.

'I am here because of my parents' sacrifice'

'I am here because of my parents' sacrifice'

Rediff.com15 Jun 2021

'If I talk about my parents' sacrifices, this conversation will never end,' says Lieutenant Loveneet Singh.

Third accused in Kitty Kumaramangalam murder case arrested

Third accused in Kitty Kumaramangalam murder case arrested

Rediff.com12 Jul 2021

Robbed ornaments worth over Rs 50 lakh has also been recovered from the possession of the accused who was arrested from Madhya Pradesh, officials said.

Bahraini overtures to Kenya-born runners attract medals, controversy

Bahraini overtures to Kenya-born runners attract medals, controversy

Rediff.com18 Aug 2016

Every year, hordes of foreign runners flock to Kenya's high-altitude training camps in the hope that some of the nation's long distance-running magic will rub off on them, embracing the motto, 'if you can't beat them, join them'.

Sudden rise of online higher education

Sudden rise of online higher education

Rediff.com4 Aug 2020

Will Covid-19 permanently change higher education, asks Ajit Balakrishnan.