News for 'New Data Rules Force Banks'

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.

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Rediff.com4 Sep 2020

In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.

Modi and the art of event management

Modi and the art of event management

Rediff.com29 Jul 2020

Aakar Patel looks forward to Prime Minister Modi's speech at the bhoomi pujan for the Ram temple in Ayodhya next week. It will be entertaining and stirring, predicts Aakar, and make lots of promises that he most likely won't be able to keep.

Guidelines for ITES sector eased, new norms to facilitate WFH

Guidelines for ITES sector eased, new norms to facilitate WFH

Rediff.com5 Nov 2020

The new rules are aimed at providing a strong impetus to the industry and positioning India as one of the most competitive IT jurisdictions in the world.

SMS, voice calls restored on prepaid mobiles in J-K

SMS, voice calls restored on prepaid mobiles in J-K

Rediff.com18 Jan 2020

In order to consider giving mobile Internet connectivity on such SIM cards, the telecom service providers will have to verify the credentials of the subscribers.

India's labour laws force employers to use 5 billion sheets of paper!

India's labour laws force employers to use 5 billion sheets of paper!

Rediff.com14 Mar 2016

It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.

How Insolvency Process is being Gamed

How Insolvency Process is being Gamed

Rediff.com15 Jul 2021

The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.

Battle for Hyderabad: Stage set for municipal polls on Tuesday

Battle for Hyderabad: Stage set for municipal polls on Tuesday

Rediff.com30 Nov 2020

As many as 74,44,260 voters would exercise their franchise using ballot papers to elect their representatives in the 150-ward Greater Hyderabad Municipal Corporation, according to official data.

Modi must change rules of the game for 'Make in India'

Modi must change rules of the game for 'Make in India'

Rediff.com30 Sep 2015

Along with the US and China, India could be a big enough force in global manufacturing

India's debt burden: How politicians, business tycoons messed it up

India's debt burden: How politicians, business tycoons messed it up

Rediff.com30 Jun 2016

India is Asia's other bad debt headache.

GDP shrinks, pandemic 'act of god' saves Modi govt

GDP shrinks, pandemic 'act of god' saves Modi govt

Rediff.com1 Sep 2020

Even in this darkest hour of a crumbling economy and raging disease, there is hardly a murmur of protest against the government, observes Sumit Bhattacharya.

US Wants To Be Friends With Taliban?

US Wants To Be Friends With Taliban?

Rediff.com4 Feb 2022

Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.

Ahead of polls, TN grants 10.5% quota for Vanniyars

Ahead of polls, TN grants 10.5% quota for Vanniyars

Rediff.com26 Feb 2021

The Tamil Nadu Assembly on Friday passed a bill providing internal reservation of 10.5 per cent for Vanniyars, a most backward community in government jobs and in admission to educational institutions.

The man who cracked the Rs 3,700 crore online scam

The man who cracked the Rs 3,700 crore online scam

Rediff.com10 Feb 2017

With just 10 detectives under his leadership and in about three weeks' time, Senior Superintendent of Police of Uttar Pradesh's Special Task Force Amit Pathak cracked an online digital racket that swindled 600,000 people and is now worth Rs 3,700 crore and counting.

Why Dalits are Angry with Yogi Adityanath

Why Dalits are Angry with Yogi Adityanath

Rediff.com22 Nov 2021

'Is baar vote jati par nahi, kaam par milega.'

It's time to name and shame defaulters

It's time to name and shame defaulters

Rediff.com4 Dec 2018

Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.

'They have turned a majority of Hindus to Muslim haters'

'They have turned a majority of Hindus to Muslim haters'

Rediff.com4 Jan 2022

'A Muslim is lynched somewhere, and you forward the video of the lynching through WhatsApp.' 'So, you participate in that lynching without actually doing it. You endorse it without being a party to it.'

Viral Acharya and 7 economists who quit

Viral Acharya and 7 economists who quit

Rediff.com25 Jun 2019

Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.

Faceless IT assessment, citizen's charter from today: PM

Faceless IT assessment, citizen's charter from today: PM

Rediff.com13 Aug 2020

"The emphasis is on making every rule, law, policy people-centric, and public-friendly. This is the use of the new governance model and the country is getting its results," Prime Minister Modi said while speaking at the launch of a platform for 'Transparent Taxation -- Honoring the Honest'.

Govt unlikely to tweak GST rates on non-essential items

Govt unlikely to tweak GST rates on non-essential items

Rediff.com1 Jun 2020

Retaining the GST rate assumes importance since states are under pressure to increase their revenues, hit hard by lockdown. Also, the Centre has not fully compensated states for their revenue losses on account of GST for 2019-20.

'PM's Parliament speech was jumlebaazi'

'PM's Parliament speech was jumlebaazi'

Rediff.com11 Feb 2022

'It will take a long time for people's memory to be misled by a prime minister who is so arrogant and who refuses to acknowledge his own faults.'

China allows couples to have 3 children amid ageing population

China allows couples to have 3 children amid ageing population

Rediff.com31 May 2021

Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.

The Events of 2018

The Events of 2018

Rediff.com27 Dec 2018

A glance back at some important events that occurred in 2018.

What Sebi's multi-cap circular is all about

What Sebi's multi-cap circular is all about

Rediff.com23 Sep 2020

The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options.

Scrapping vehicles in volumes to curb pollution will be a tough task

Scrapping vehicles in volumes to curb pollution will be a tough task

Rediff.com6 May 2021

For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.

Why high food inflation is good news for the farmer

Why high food inflation is good news for the farmer

Rediff.com14 Jan 2020

While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.

Identity politics gaining ground in Bengal ahead of polls

Identity politics gaining ground in Bengal ahead of polls

Rediff.com2 Mar 2021

Bengal, where the electoral discourse has mostly steered clear of divisive agenda, has been drawn into the vortex with the TMC and the BJP accusing each other of fanning communal sentiments ahead of elections.

Economy: Modi II will have to undo Modi I's damage

Economy: Modi II will have to undo Modi I's damage

Rediff.com31 Aug 2019

'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.

'PM has no clear roadmap for $5 trillion economy'

'PM has no clear roadmap for $5 trillion economy'

Rediff.com11 Feb 2020

Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.

Covid-19: With great power comes great responsibility

Covid-19: With great power comes great responsibility

Rediff.com18 Jul 2020

Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.

One year of Raghuram Rajan: A spring in his step

One year of Raghuram Rajan: A spring in his step

Rediff.com1 Sep 2014

The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.

How did Nirav Modi pull off PNB fraud?

How did Nirav Modi pull off PNB fraud?

Rediff.com25 Oct 2019

Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.

3 troublesome twins that will rock economy in 2018

3 troublesome twins that will rock economy in 2018

Rediff.com26 Dec 2017

The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.

What 2018 Economics Nobel means for growth-hungry India

What 2018 Economics Nobel means for growth-hungry India

Rediff.com23 Oct 2018

India has remained obsessed with cheap capital and infrastructure spending when instead the central constraint on Indian development remains the abysmal quality of Indians' skills, says Mihir Sharma.

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Rediff.com18 Nov 2016

Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.

4 trends that shaped Indian industry in 2017

4 trends that shaped Indian industry in 2017

Rediff.com26 Dec 2017

From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.

Revealed: BJP's 'Mission Bengal' strategy

Revealed: BJP's 'Mission Bengal' strategy

Rediff.com18 Nov 2020

Amit Shah, who missed campaigning in Bihar, made a two-day trip to Bengal starting November 5 to oversee BJPs preparedness for the state polls.

RBI won't answer why note exchange wasn't allowed till Mar 31

RBI won't answer why note exchange wasn't allowed till Mar 31

Rediff.com26 Mar 2017

The Central Bank has stonewalled almost every RTI query pertaining to demonetisation citing one or the other reason.

Rupee hits four-month peak as shares hit record

Rupee hits four-month peak as shares hit record

Rediff.com9 Dec 2013

Traders said good dollar demand from importers including oil companies was seen at stronger rupee levels, limiting any further gains.

What Modi said in Lok Sabha on jobs, Rafale, grand alliance

What Modi said in Lok Sabha on jobs, Rafale, grand alliance

Rediff.com7 Feb 2019

'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.'