News for 'National Housing Bank Act'

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Rediff.com12 Feb 2023

The meeting is believed to be called to chalk out the strategy of the Opposition in Rajya Sabha on Monday.

House remains paralysed for 9th day, LS passes 2 bills

House remains paralysed for 9th day, LS passes 2 bills

Rediff.com15 Mar 2018

The Payment of Gratuity (Amendment) Bill and The Specific Relief (Amendment) Bill passed amid din.

NPAs: Why debt recovery has become a huge headache for banks

NPAs: Why debt recovery has become a huge headache for banks

Rediff.com3 Sep 2018

According to a government reply in Lok Sabha, as on June 30, 2017, there were about 109,598 cases pending across debts recovery tribunals, with recovery dues of Rs 635,500 crore.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Budget: A delicate balancing act with rural push

Budget: A delicate balancing act with rural push

Rediff.com2 Feb 2017

Jaitley's Budget has the potential to change the face of Modi's Bharat

RBI to discuss issuance of sovereign bonds with govt: Das

RBI to discuss issuance of sovereign bonds with govt: Das

Rediff.com8 Jul 2019

Expressing his satisfaction over the government's move to slash fiscal deficit target, Das said it will help improve investment by the private sector as crowding out impact will be less.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

DRDO scientist's custody extended in espionage case

DRDO scientist's custody extended in espionage case

Rediff.com10 May 2023

Seeking the extension of police custody of Defence Research and Development Organisation (DRDO) scientist Pradeep Kurulkar, arrested on charges of providing confidential information to a Pakistani agent, the prosecution told a special court on Tuesday they have received the forensic report of devices seized from him and some images, videos and files that were deleted earlier have been retrieved now.

India can fight China, but not with a divided house

India can fight China, but not with a divided house

Rediff.com9 Nov 2021

We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.

ED raids Nirav Modi's Mumbai house; seizes valuables worth Rs 5,716 cr

ED raids Nirav Modi's Mumbai house; seizes valuables worth Rs 5,716 cr

Rediff.com19 Feb 2018

The agency has so far seized diamonds, gold jewellery and other precious stones worth Rs 5,716 crore in the case and summoned Modi and Choksi, the promoter of Gitanjali Gems, to appear before it on February 23 at its Mubai zonal office.

Banking licence aspirants scramble to meet RBI norms

Banking licence aspirants scramble to meet RBI norms

Rediff.com19 Jun 2013

With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.

Will Govt Cut PSBs Loose?

Will Govt Cut PSBs Loose?

Rediff.com28 Jul 2022

Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.

Is India Distancing Itself From Israel?

Is India Distancing Itself From Israel?

Rediff.com27 Dec 2023

India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.

Challenges facing the 3 musketeers of Indian banking

Challenges facing the 3 musketeers of Indian banking

Rediff.com6 Feb 2019

What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Rediff.com9 Jul 2019

Tamal Bandyopadhyay details HDFC Bank's digital journey.

US vetoes UN resolution on immediate Gaza ceasefire; UK abstains from voting

US vetoes UN resolution on immediate Gaza ceasefire; UK abstains from voting

Rediff.com9 Dec 2023

The 15-nation Council met on Friday to vote on the resolution tabled by the United Arab Emirates and backed by over 90 member states. The resolution got the backing of 13 Council members who voted in its favour while the United Kingdom abstained.

RBI for 100% self-sufficiency in banknote manufacturing

RBI for 100% self-sufficiency in banknote manufacturing

Rediff.com28 Mar 2022

Reserve Bank of India Governor Shaktikanta Das on Monday stressed on achieving 100 per cent self-sufficiency in banknote manufacturing in the near future. He was speaking after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), to the nation in Mysuru. BRBNMPL, a wholly-owned subsidiary of the RBI, has set up Varnika with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes.

'At the end of war, our aim is to ensure Hamas will...'

'At the end of war, our aim is to ensure Hamas will...'

Rediff.com13 Oct 2023

'Hamas terrorists are hiding in Gaza city inside tunnels, underneath houses and inside buildings populated with innocent Gaza civilians. Civilians of Gaza city evacuate south for your own safety and the safety of your families and distance yourself from Hamas terrorists who are using you as human shields'

Mangaluru blast accused 'inspired' by global terrorist outfit

Mangaluru blast accused 'inspired' by global terrorist outfit

Rediff.com21 Nov 2022

Police found materials that go into making bomb from the rented house in Mysuru of Mangaluru autorickshaw blast accused Mohammed Shariq, who was 'influenced and inspired' by a global terrorist organisation, a senior police officer said on Monday.

Ring worth Rs 10 cr, watch valued at Rs 1.4 cr: Raid on Nirav Modi's house

Ring worth Rs 10 cr, watch valued at Rs 1.4 cr: Raid on Nirav Modi's house

Rediff.com24 Mar 2018

Officials said the Enforcement Directorate along with the Central Bureau of Investigation launched fresh searches on March 22 at the Samudra Mahal luxury residential flats of Modi in Mumbai's Worli area which resulted in the recovery of fresh valuables.

PNB fraud: ED files chargesheet against Mehul Choksi's wife, others

PNB fraud: ED files chargesheet against Mehul Choksi's wife, others

Rediff.com6 Jun 2022

The ED has filed a fresh chargesheet against absconding jeweller Mehul Choksi, his wife Priti and others under the anti-money laundering law in connection with the over Rs 13,000-crore PNB loan fraud case, officials said on Monday. This is the first prosecution complaint filed by the central agency against Choksi's wife Priti Pradyotkumar Kothari. She has been charged by the Enforcement Directorate (ED) with "helping her husband in layering of the proceeds of crime".

CRPF used hi-tech gadgets to neutralise Kashmiri Pandit killers

CRPF used hi-tech gadgets to neutralise Kashmiri Pandit killers

Rediff.com2 Mar 2023

Bullet-proof vehicles, wall-through radars and drones are some of the new gadgets inducted by the Central Reserve Police Force into its counter-insurgency operations in Kashmir, leading to precision-based actions against terrorists.

Manmohan Singh, Chief Architect Of Modi's Schemes

Manmohan Singh, Chief Architect Of Modi's Schemes

Rediff.com3 Mar 2023

Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.

RBI unveils reverse repo rate cut, other measures to cushion Covid-19 impact

RBI unveils reverse repo rate cut, other measures to cushion Covid-19 impact

Rediff.com17 Apr 2020

Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.

Israel's Gaza Offensive And The US Dilemma

Israel's Gaza Offensive And The US Dilemma

Rediff.com13 Oct 2023

Israel needs to come terms with the new reality that they are no longer invincible or the dominant power in the West Asian region, observes Ambassador M K Bhadrakumar.

'Modi is playing vote bank politics with citizenship bill'

'Modi is playing vote bank politics with citizenship bill'

Rediff.com21 Jun 2018

'Why is the RSS trying to destroy the indigenous culture of Assam and its language?' 'If these migrants settle in Assam, they will overwhelm the 47 per cent of people who speak Assamese.'

The Credila Success Story

The Credila Success Story

Rediff.com10 Jul 2023

Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.

Winter session begins today, farm law repeal among 26 bills on agenda

Winter session begins today, farm law repeal among 26 bills on agenda

Rediff.com29 Nov 2021

The government's agenda also includes the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

'My children call her Gullu Aunty'

'My children call her Gullu Aunty'

Rediff.com1 Nov 2023

'Whenever she joined any of our family functions, she was so good, so simple.'

'No shell company in Mauritius; Hindenburg allegations false, baseless'

'No shell company in Mauritius; Hindenburg allegations false, baseless'

Rediff.com10 May 2023

In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.

'Hundreds of Palestinians will be killed'

'Hundreds of Palestinians will be killed'

Rediff.com9 Oct 2023

'Israel has received an extremely hard and rude reminder that it cannot go ahead and talk of normalisation of relations with other Arab countries without addressing the issues pertaining to Palestine.'

TAX GURU: 'Can this help save capital gain tax?'

TAX GURU: 'Can this help save capital gain tax?'

Rediff.com8 Jun 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Kerala rains: NDRF man's brave act to rescue sick child goes viral

Kerala rains: NDRF man's brave act to rescue sick child goes viral

Rediff.com12 Aug 2018

A photograph of Kumar snapped while scurrying across the bridge with the child two days ago, has gone viral on the social media with people showering praise on him.

Lok Sabha okays Bill to ban financing of weapons of mass destruction

Lok Sabha okays Bill to ban financing of weapons of mass destruction

Rediff.com7 Apr 2022

External Affairs Minister S Jaishankar said the passage of the amendment will strengthen India's national security and its global position.

Not good for bilateral ties, Jaishankar warns Canada over Indira killers' float

Not good for bilateral ties, Jaishankar warns Canada over Indira killers' float

Rediff.com8 Jun 2023

India on Thursday warned Canada against giving space to separatists and extremists elements, saying it was not good for the bilateral ties, days after a video of a float, depicting the assassination of former Prime Minister Indira Gandhi, at a parade in Brampton went viral on social media.

Can Cong buck alternating govt trend in Rajasthan?

Can Cong buck alternating govt trend in Rajasthan?

Rediff.com9 Oct 2023

Since 1993, when the BJP came to power after a stint of President's rule, the state has alternated between the Congress and the BJP.

Aadhaar Act contravenes right to life and personal liberty

Aadhaar Act contravenes right to life and personal liberty

Rediff.com17 Oct 2017

Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.

Why Papua New Guinea is critical to India's 'Act East' policy

Why Papua New Guinea is critical to India's 'Act East' policy

Rediff.com10 May 2016

President Pranab Mukherjee's recent visit to the Pacific Island nation is path-breaking, but much more needs to be done, says Dr Rahul Mishra.

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Rediff.com2 May 2022

The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.

Assam's eviction drive in forest land hits over 12,000 people

Assam's eviction drive in forest land hits over 12,000 people

Rediff.com14 Feb 2023

The Assam government on Tuesday began clearing nearly 1,900 hectares of forest and government land in Sonitpur district, affecting 12,000-odd people who were allegedly staying there illegally for decades, a senior official said.