News for 'National Payment Council of India'

Why Didn't India Reach Out to the Taliban?

Why Didn't India Reach Out to the Taliban?

Rediff.com10 Sep 2021

If New Delhi finds itself out in the cold in Afghanistan, both the Congress-led UPA and BJP-led NDA have only themselves to blame. Each has been in power for a full decade from 2001, without reaching out to the Taliban, points out Ajai Shukla.

India's tennis players ponder coronavirus fall-out

India's tennis players ponder coronavirus fall-out

Rediff.com14 Apr 2020

India's tennis players -- both current and former -- are not just counting financial losses as they cope with the fallout of the coronavirus pandemic. The closure of the Pro Tour means that doubles exponent Purav Raja is set to lose at least $50,000 in this lockdown period, according to his own assessment. Prajnesh Gunneswaran, Jeevan Nedunchezhiyan and Divij Sharan can't exactly tell how much they would lose but considering the fact that they are consistently in contention to be in Grand Slam main draws, the massive financial hit is not difficult to assess.

What Make in India? Tata Power penalised for using indigenous parts!

What Make in India? Tata Power penalised for using indigenous parts!

Rediff.com18 May 2017

Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part

How real is Modi govt's concern for MSMEs?

How real is Modi govt's concern for MSMEs?

Rediff.com17 Jun 2020

While the Narendra Modi government has stuck to its stand that pending payment is Rs 12,343 crore, MSMEs calim outstanding amount is Rs 2-3 trillion. Moreover, MSME ministry's SAMADHAN portal has been of little help.

SJM warns govt over 'dangerous' GM mustard

SJM warns govt over 'dangerous' GM mustard

Rediff.com28 Oct 2022

The Swadeshi Jagran Manch (SJM) on Friday opposed a regulatory body's recommendation for environmental release of genetically modified mustard, calling it "dangerous" and urged the Centre to ensure that the crop's seed is not allowed to be planted "now or ever". In a letter to Union Environment Minister Bhupender Yadav, the RSS-affiliated organisation accused the Genetic Engineering Appraisal Committee (GEAC) of functioning in an "irresponsible fashion" and said the claims made in support of genetically modified (GM) mustard were "completely untrue, unsubstantiated and wrongly projected". "Swadeshi Jagran Manch has all along been opposing this dangerous and unneeded GM mustard being brought in through the backdoor as a public sector genetically modified organism (GMO)," organisation co-convenor Ashwani Mahajan said in the letter.

Russia-Ukraine conflict takes toll on Indian exporters

Russia-Ukraine conflict takes toll on Indian exporters

Rediff.com14 Mar 2022

The apparel and engineering sectors have already witnessed the trend in the past one week. If this continues, it can have an impact on the overall export demand in the coming months, considering that Europe is the largest national export market for India.

Booking train tickets online, buying petrol to become cheaper

Booking train tickets online, buying petrol to become cheaper

Rediff.com4 Mar 2016

The government is also considering mandating payments beyond a prescribed threshold only in card/digital mode.

How govt plans to improve GST compliance

How govt plans to improve GST compliance

Rediff.com13 Dec 2019

To improve compliance, govt may introduce lottery reward for filing GST. The Consumer Welfare Fund, where anti-profiteering proceeds are deposited, will be used to reward the lucky winners on monthly and annual bases. The prize money, yet to be fixed, may run into several lakhs of rupees for the annual draw, and about Rs 50,000 for monthly draws.

Travel, hospitality industries stare at Rs 5-trn revenue loss

Travel, hospitality industries stare at Rs 5-trn revenue loss

Rediff.com20 Apr 2020

Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.

Aviation Industry Vulnerable To Cyberattacks

Aviation Industry Vulnerable To Cyberattacks

Rediff.com9 Jun 2022

Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.

COVID-19: Govt bans export of anti-malarial drug

COVID-19: Govt bans export of anti-malarial drug

Rediff.com25 Mar 2020

Indian Council of Medical Research Director General Balram Bhargava had on Monday recommended the use of hydroxychloroquine for treating healthcare workers handling suspected or confirmed coronavirus cases.

COVID-19: BMC to use Wankhede Stadium as quarantine facility

COVID-19: BMC to use Wankhede Stadium as quarantine facility

Rediff.com16 May 2020

'The said premises will be used for emergency staff of 'A' Ward and quarantine the person whoever is in contact with a positive COVID-19 patient and are not symptomatic.'

India must stop being the West's digital colony

India must stop being the West's digital colony

Rediff.com17 Oct 2019

'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.

How US companies are helping India fight coronavirus

How US companies are helping India fight coronavirus

Rediff.com16 Apr 2020

A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.

After 1962 China war stock markets fell 16%, gold 30%

After 1962 China war stock markets fell 16%, gold 30%

Rediff.com18 Jun 2020

The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.

GST on mobile phones hiked to 18%, makers cry foul

GST on mobile phones hiked to 18%, makers cry foul

Rediff.com14 Mar 2020

The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.

Pandemic moving eastwards, says Govt; reviews situation with 5 states

Pandemic moving eastwards, says Govt; reviews situation with 5 states

Rediff.com5 May 2021

A rise in the number of daily COVID-19 cases and mortality has been observed in Assam, West Bengal, Odisha, Bihar and Jharkhand, indicating the pandemic is moving eastwards, the Union health ministry said.

COVID-19 crisis: How YMCA helps the economically weak

COVID-19 crisis: How YMCA helps the economically weak

Rediff.com25 Apr 2020

'It is only natural that in such a national crisis, we should lend a helping hand to the less privileged members of our communities.'

26/11 attack mastermind Lakhvi arrested in Pakistan

26/11 attack mastermind Lakhvi arrested in Pakistan

Rediff.com2 Jan 2021

Lakhvi, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department.

The intriguing tale of India's trade with North Korea

The intriguing tale of India's trade with North Korea

Rediff.com16 Jun 2018

India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.

What Lessons can India Learn from Japan?

What Lessons can India Learn from Japan?

Rediff.com8 Apr 2020

'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.

4 things that could change India in 2016

4 things that could change India in 2016

Rediff.com8 Jan 2016

More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.

BCCI to felicitate 'Fab Five' but Kumble ignored

BCCI to felicitate 'Fab Five' but Kumble ignored

Rediff.com30 Mar 2017

However, it is not known why former captain and current national coach Anil Kumble, an equal contributor along with these five during Indian cricket's golden phase, has not been included in the felicitation list.

Have traders lost faith in Modi government?

Have traders lost faith in Modi government?

Rediff.com2 Mar 2020

CAIT has attributed its displeasure to the economic downturn, and indifferent attitude of ministers/officials towards domestic trade.

COVID-19 impact: Foreign players not available for IPL till April 15 due to fresh visa restrictions

COVID-19 impact: Foreign players not available for IPL till April 15 due to fresh visa restrictions

Rediff.com12 Mar 2020

The government issued a fresh advisory with a ban on all existing foreign visas, except a few categories like diplomatic and employment, till April 15 in the wake of new positive cases of novel coronavirus in the country.

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

Rediff.com8 Jan 2021

United Nations proscribed terrorist Lakhvi, 61, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department of Punjab province on Saturday.

The main task before the next Modi government

The main task before the next Modi government

Rediff.com27 May 2019

Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.

10 laws that changed how India does business

10 laws that changed how India does business

Rediff.com6 Jan 2020

Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.

From Google to Visa, all phone a friend in US over RBI diktat

From Google to Visa, all phone a friend in US over RBI diktat

Rediff.com21 Jul 2018

Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.

BCCI agrees to work with NADA, but...

BCCI agrees to work with NADA, but...

Rediff.com18 Mar 2019

The Indian cricket board will work with the National Anti-Doping Agency for a period of six months, while attaching another rider to the tripartite agreement along with WADA

To counter OBOR, India plans to 'bridge' the gap with Asean

To counter OBOR, India plans to 'bridge' the gap with Asean

Rediff.com18 Jul 2017

These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.

'India is trapped in the political economy of incumbents who block change'

'India is trapped in the political economy of incumbents who block change'

Rediff.com22 Feb 2016

The non-oil, non-finance sector of the economy is under severe stress.

Time to END Bank Nationalisation

Time to END Bank Nationalisation

Rediff.com30 Jul 2021

Nationalisation has served its purpose. It's time to move ahead, keeping majority ownership of the government in a few banks to serve the people, argues Tamal Bandyopadhyay.

'What I earn is in my real wallet, not an e-wallet I can't even hold!'

'What I earn is in my real wallet, not an e-wallet I can't even hold!'

Rediff.com23 Dec 2016

From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.

Centre gets pat on back from SC on ex gratia for Covid victims' kin

Centre gets pat on back from SC on ex gratia for Covid victims' kin

Rediff.com23 Sep 2021

The Supreme Court Thursday appreciated the Centre's step to grant ex gratia assistance to the kin of those who died due to COVID-19 saying it has to take judicial notice of the fact that what India has done, no other country has been able to do.

GST draft law brings all online purchases under its purview

GST draft law brings all online purchases under its purview

Rediff.com15 Jun 2016

The tax, in lieu of local levies, will be imposed at the first point of a financial transaction.

Why this Businessman Quit Kerala

Why this Businessman Quit Kerala

Rediff.com26 Jul 2021

Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?

Can't pay Rs 4 lakh aid to COVID-19 victims' kin: Centre to SC

Can't pay Rs 4 lakh aid to COVID-19 victims' kin: Centre to SC

Rediff.com20 Jun 2021

Replying to the notice issued, the Central government said that ex-gratia amount cannot be paid due to financial constraints and other factors.

CBI probe in Embraer deal to continue; new blacklisting policy soon: Parrikar

CBI probe in Embraer deal to continue; new blacklisting policy soon: Parrikar

Rediff.com25 Oct 2016

Embraer cannot escape Indian laws just because it has struck a settlement with American authorities, Parrikar said.

UNHCHR action on CAA is illegal, violates UN norms

UNHCHR action on CAA is illegal, violates UN norms

Rediff.com6 Mar 2020

Interestingly, India had objected to the establishment of a UNHCHR when it was proposed by the US at the Vienna Conference on Human Rights in July 1993 and the whole proposal was remitted to the General Assembly in New York because India and others said that the whole issue should be examined in detail, says Ambassador T P Sreenivasan, who had led the Indian delegation for negotiating the terms of the HCHR.