News for 'National Payments Commission of India'

J&J to pay Rs 25 lakh each to 67 victims of faulty ASR hip implants

J&J to pay Rs 25 lakh each to 67 victims of faulty ASR hip implants

Rediff.com31 May 2019

Of the 289 faulty hip implant victims identified, 93 patients had undergone revision surgeries. The company, however, said it could reach only 67 patients and would pay Rs 25 lakh each to the other 26 as well after verifying their claims and if those patients approached J&J.

Siddaramaiah sends Rs 100 cr defamation notice to Modi, Shah

Siddaramaiah sends Rs 100 cr defamation notice to Modi, Shah

Rediff.com7 May 2018

Modi has repeatedly attacked Siddaramaiah over alleged corruption, calling his government "seedha rupaiya sarkar" (government that takes bribe for every work) and "10 per cent commission government."

BEWARE! Fraud Journals On The Rise

BEWARE! Fraud Journals On The Rise

Rediff.com27 Nov 2021

Cloned journals have become more rampant in the post-pandemic world.

Merge NSEL with Financial Technologies, says regulator

Merge NSEL with Financial Technologies, says regulator

Rediff.com16 Sep 2014

Both Corporate Affairs and Finance Ministries are studying the feasibility of implementing the FMC's proposals.

7th Pay Panel arrears: For some, festive season has already begun

7th Pay Panel arrears: For some, festive season has already begun

Rediff.com3 Aug 2016

Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

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?

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.

Obama for higher share for India in IMF, other institutions

Obama for higher share for India in IMF, other institutions

Rediff.com25 Jan 2015

US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

How far has India gone on reforms since Narasimha Rao's regime

How far has India gone on reforms since Narasimha Rao's regime

Rediff.com5 Jan 2015

India still has to go a long way to implement reforms in various sectors.

ED arrests Jignesh Shah in NSEL money laundering scam

ED arrests Jignesh Shah in NSEL money laundering scam

Rediff.com13 Jul 2016

The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.

India's contract labour laws need to catch up with reality

India's contract labour laws need to catch up with reality

Rediff.com6 Sep 2016

Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.

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.

BJP trying hard, but it's Kejri again in Delhi

BJP trying hard, but it's Kejri again in Delhi

Rediff.com5 Feb 2020

Arvind Kejriwal is poised to return to power with a simple majority. Even if the BJP wins 20 to 25 seats, it will be seen as a victory, says R Rajagopalan.

Jignesh Shah, Massey step down from MCX-SX board

Jignesh Shah, Massey step down from MCX-SX board

Rediff.com9 Oct 2013

Jignesh Shah, the promoter of Financial Technologies India Ltd, on Wednesday resigned from the board of MCX Stock Exchange, amid continuing Rs 5,600 crore (Rs 56 billion) payment crisis at group company NSEL.

6 indicators of India's looming demographic disaster

6 indicators of India's looming demographic disaster

Rediff.com2 May 2016

India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus

Day after I-T raid, ex-K'taka dy CM's aide found hanging

Day after I-T raid, ex-K'taka dy CM's aide found hanging

Rediff.com12 Oct 2019

The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

We believe in action, not mere tokenism: Sitharaman

We believe in action, not mere tokenism: Sitharaman

Rediff.com4 Mar 2019

The Defence Minister said it has been decided to give women permanent commission in the Army, Navy and the Air Force like their male counterparts.

Trade unions stick to September 2 strike, reject govt's wage hike

Trade unions stick to September 2 strike, reject govt's wage hike

Rediff.com30 Aug 2016

Trade unions said Jaitley's minimum wage announcement is completely inadequate

Ola-Uber battle hots up, this time in UK

Ola-Uber battle hots up, this time in UK

Rediff.com7 Aug 2018

Ola said it has obtained licences to operate in South Wales and Greater Manchester, and will launch operations in South Wales by September.

High & mighty of India Inc faced the music in 2014

High & mighty of India Inc faced the music in 2014

Rediff.com2 Jan 2015

The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.

Consumer court orders fresh sample testing for Maggi

Consumer court orders fresh sample testing for Maggi

Rediff.com17 Aug 2015

The apex consumer court on Monday issued notice to Nestle India Limited on a Rs 640-crore or Rs 6.40 billion suit against it by the Centre.

She is training students for the armed forces

She is training students for the armed forces

Rediff.com3 Mar 2021

'Cracking the exam is 99 per cent hard work and persistence and maybe 1 per cent luck.'

Govt to merge NSEL with Financial Technologies

Govt to merge NSEL with Financial Technologies

Rediff.com21 Oct 2014

The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.

How measly spending may jeopardise India's security

How measly spending may jeopardise India's security

Rediff.com20 Feb 2014

The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.

All about the Indian financial code 2.0

All about the Indian financial code 2.0

Rediff.com18 Aug 2015

The finance ministry has put out a revised draft in public domain.

Check out all offers before taking car loan

Check out all offers before taking car loan

Rediff.com10 May 2019

Interest rate and tenure are not the only two factors to consider.

NSEL defaults but pays off small investors

NSEL defaults but pays off small investors

Rediff.com28 Aug 2013

After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.

Centre's agri market reform ordinance comes under fire

Centre's agri market reform ordinance comes under fire

Rediff.com7 Jun 2020

Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.

We've no idea what we are going to do in the next decade

We've no idea what we are going to do in the next decade

Rediff.com6 Jul 2019

'An era of fiscal pessimism is setting in, which, if not countered intellectually, is going to have the same effect as export pessimism has had,' notes T C A Srinivasa Raghavan.

#Notebandi: India's fisherfolk stare at a dark future

#Notebandi: India's fisherfolk stare at a dark future

Rediff.com21 Dec 2016

Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.

4 ways Nirmalaji's Budget is different

4 ways Nirmalaji's Budget is different

Rediff.com6 Mar 2021

But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.

Can the judiciary also reflect please?

Can the judiciary also reflect please?

Rediff.com26 Nov 2015

The nullifying of the NJAC Act has put the spotlight on the Judiciary. Concepts like transparency, being open to change, leading from front, management of perceptions that were reserved for the Executive earlier are now relevant for the Judiciary as well, says Sanjeev Nayyar.

HC sets aside NHRC order against AAP leader Somnath Bharti

HC sets aside NHRC order against AAP leader Somnath Bharti

Rediff.com26 Dec 2014

The Delhi high court on Friday set aside an National Human Rights Commission order holding Aam Aadmi Party leader Somnath Bharti guilty of "racial prejudice and unlawful acts" against 12 African women during his controversial midnight raid in Khirki Extension in South Delhi.

6 rules to draft an ideal Employment Code

6 rules to draft an ideal Employment Code

Rediff.com18 Feb 2018

Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.

New regulator to monitor crowdfunding likely

New regulator to monitor crowdfunding likely

Rediff.com29 May 2018

Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

Rediff.com28 Jul 2017

The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.

FMC bars NSEL, group cos from commodity auctions

FMC bars NSEL, group cos from commodity auctions

Rediff.com3 Oct 2013

The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.