News for 'National Financial Switch'

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.

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.

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.

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.

'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.

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.

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 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.

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.

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.

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.'

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.

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.

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.

Automakers in India gear up to launch affordable EVs

Automakers in India gear up to launch affordable EVs

Rediff.com22 Dec 2021

India's electric mobility goal, which has so far been riding on two wheels, is all set to graduate to four wheels. At least, the journey has begun. Hyundai Motor India said it would invest Rs 4,000 crore till 2028 to launch half-a-dozen electric vehicles (EVs) in India. It would eventually straddle premium and mass segments. The first of these - the electrified version of an internal combustion engine (ICE)-powered model - will go on sale as early as next year.

Why India was made the Fall Guy at COP26

Why India was made the Fall Guy at COP26

Rediff.com17 Nov 2021

The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.

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.

Time for Modi, Imran to talk

Time for Modi, Imran to talk

Rediff.com15 Mar 2021

Modi's hardline policy towards Pakistan and J&K has created numerous leverages and bargaining positions that New Delhi can bring to the bargaining table and translate into concessions, argues Ajai Shukla.

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'.

MSMEs need help again but not the way govt did last time

MSMEs need help again but not the way govt did last time

Rediff.com10 May 2021

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.

Coronavirus: Charities face crisis during UK shutdown

Coronavirus: Charities face crisis during UK shutdown

Rediff.com6 Apr 2020

The postponement of major sporting events during the coronavirus pandemic has left some British charities concerned about their survival, representatives have told Reuters, while others are worried about delivering services to vulnerable people.

How BJP rose in Goa with Christian help

How BJP rose in Goa with Christian help

Rediff.com10 Jan 2022

It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.

PCI sacks its president, contemplates criminal case

PCI sacks its president, contemplates criminal case

Rediff.com7 Apr 2015

The Paralympics Committee of India (PCI) has sacked its president Rajesh Tomar for the gross mismanagement at the recent National Para-Athletics Championship in Ghaziabad, where athletes suffered due to lack of proper facilities.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

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

No Indian is outsider in Bengal, BJP CM will be son of soil: PM

No Indian is outsider in Bengal, BJP CM will be son of soil: PM

Rediff.com24 Mar 2021

When the BJP forms government in Bengal, the chief minister will be a son of the soil, he said at the rally amid loud cheers from his supporters.

India's economy could prove to be 'most resilient' in subregion over long term: UN

India's economy could prove to be 'most resilient' in subregion over long term: UN

Rediff.com29 Dec 2020

India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.

Why gangsters like Vikas Dubey become formidable

Why gangsters like Vikas Dubey become formidable

Rediff.com17 Jul 2020

'Not unlike politicians who gravitate towards whoever is in power, mafia dons too have a great survival streak, switching loyalty to the party in power,' observes Virendra Kapoor a week after gangster Vikas Dubey was slain in an alleged encounter.

PM failed to address critical questions: Cong

PM failed to address critical questions: Cong

Rediff.com4 Apr 2020

Asserting that the way in which the entire country has fought the battle against coronavirus unitedly under Modi's leadership is laudable, BJP president J P Nadda asked party workers to spread the prime minister's message to light lamps or mobile phone torches at 9pm on Sunday among the masses.

Now, Indian Railway is going the EV way

Now, Indian Railway is going the EV way

Rediff.com3 Sep 2019

Railways is testing waters for locomotives to run on lithium-ion batteries, the most common ones used in electric vehicles.

The fault lines behind Cosmos Bank attack

The fault lines behind Cosmos Bank attack

Rediff.com15 Aug 2018

The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself

The Economy: What Modi must do after the lockdown

The Economy: What Modi must do after the lockdown

Rediff.com13 Apr 2020

'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.

Do not lower your EPF contribution

Do not lower your EPF contribution

Rediff.com27 Dec 2019

If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.

Why Americans voted for Trump in 2016

Why Americans voted for Trump in 2016

Rediff.com24 Apr 2018

Not for reasons related to personal financial problems or economic anxiety about the future, but...

Pawar slams BJP for defections; introspect, says Fadnavis

Pawar slams BJP for defections; introspect, says Fadnavis

Rediff.com28 Jul 2019

Fadnavis claimed the BJP was "beyond running behind anyone" as the people of India were with the party and the leadership of Prime Minister Narendra Modi.