News for 'Payments Council of India'

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.

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.

'A bold step': Bankers, industry hail demonetisation move

'A bold step': Bankers, industry hail demonetisation move

Rediff.com9 Nov 2016

Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.

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.

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.'

New GST rates likely from April 1

New GST rates likely from April 1

Rediff.com18 Dec 2019

Proposals from the Centre's side include raising the 5 per cent slab to anywhere between 6 and 8 per cent, and doing away with the 12 per cent slab. A few states may oppose such a move because it involves hiking tax on items consumed by the poor. They have instead proposed raising the 18 per cent slab.

India to auction 56 oil and gas blocks on revamped terms

India to auction 56 oil and gas blocks on revamped terms

Rediff.com6 Jan 2014

The terms are the same as those suggested by a panel headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan for awarding future oil and gas block contracts.

Licences of 2 importers supplying rapid test kits cancelled

Licences of 2 importers supplying rapid test kits cancelled

Rediff.com1 May 2020

The central drug regulator has issued show cause notices to these two importers and asked to stop the import of rapid test kits based on the observation by the apex health research body Indian Council of Medical Research (ICMR).

Obama's new initiative to boost entrepreneurs, jobs in India

Obama's new initiative to boost entrepreneurs, jobs in India

Rediff.com27 Jan 2015

US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.

India brushes off concerns over gold import spike

India brushes off concerns over gold import spike

Rediff.com29 Apr 2015

Concern would kick in if imports stay at or over 100 tonnes a month.

Tax War: ICC wants BCCI's annual revenue slashed

Tax War: ICC wants BCCI's annual revenue slashed

Rediff.com8 Aug 2019

All the details from the meetings of the Committee of Administrators (CoA) held on July 6 and on June 29

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.

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.

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.

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.

'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.

'Poll time paid news undermines fair elections'

'Poll time paid news undermines fair elections'

Rediff.com30 Jul 2010

In a bid to check the phenomenon of paid news, the Press Council of India on Friday recommended among other things amendment to elections laws to declare any payment for publication of news as a corrupt practice.

Legislators cannot be debarred from practising as advocates: SC

Legislators cannot be debarred from practising as advocates: SC

Rediff.com25 Sep 2018

The apex court said that although the legislators are deemed to be public servants, their status is unique and certainly not one of a full-time salaried employee of any person, government, firm, corporation or concern as such.

2 crore bounty for Shami despite missing full IPL with injury!

2 crore bounty for Shami despite missing full IPL with injury!

Rediff.com6 May 2015

Delhi Daredevils will have to cough up Rs. 2 crore despite not getting the services of Indian paceman Mohammed Shami, who has been ruled out for atleast three months from competitive cricket due to a knee injury sustained during the World Cup.

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.

GST: Decision on real estate, lottery deferred till Sunday

GST: Decision on real estate, lottery deferred till Sunday

Rediff.com20 Feb 2019

Restricting the input credit is not a good idea for any sector, particularly real estate which requires more formalisation.

Exports fall for 6th straight month; down over 12%

Exports fall for 6th straight month; down over 12%

Rediff.com15 Sep 2020

Imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion.

Why cash flow analysis is essential for India Inc

Why cash flow analysis is essential for India Inc

Rediff.com20 Nov 2017

Cash flow-based analysis should throw up businesses better able to survive the transient effects of a working capital crunch, says Devangshu Datta.

How 3.2 million debit cards were compromised

How 3.2 million debit cards were compromised

Rediff.com24 Nov 2016

Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.

'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.

COA chief Rai non-committal on India's participation in Champions Trophy

COA chief Rai non-committal on India's participation in Champions Trophy

Rediff.com28 Apr 2017

The Supreme Court-appointed Committee of Administrator chief Vinod Rai was non-committal on being asked whether the COA will ask Team India to participate or allow them to boycott the ICC Champions Trophy, starting in the United Kingdom, on June 1.

Gambhir contributes two years' salary to coronavirus fund

Gambhir contributes two years' salary to coronavirus fund

Rediff.com2 Apr 2020

Cricketer-turned-politician Gautam Gambhir on Thursday said he will contribute his two years' salary as an MP to the Prime Minister-CARES fund to tackle the coronavirus pandemic sweeping through the country. The BJP's Lok Sabha member from East Delhi made the announcement on his Twitter page, urging people to come forward and donate generously.

GST collection slips below Rs 1 lakh cr mark in March

GST collection slips below Rs 1 lakh cr mark in March

Rediff.com1 Apr 2020

GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as the Covid-19 lockdown that shut most businesses compounded tax collection woes in an already sluggish economy. Goods and Services Tax (GST) mop-up in March recorded a 8.4 per cent decline over March 2019 collection of Rs 1.06 lakh crore. The collections were lower on account of dip in revenues from domestic transactions as well as imports.

GST to apply on passport services, issue of birth certificates

GST to apply on passport services, issue of birth certificates

Rediff.com30 Mar 2017

The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey.

Of dubious products & cautionary warnings

Of dubious products & cautionary warnings

Rediff.com30 Apr 2021

Are "dubious" new categories and "shady" new brands, financed and funded by avaricious investors trying to change the contours of the Indian marketplace forever, asks Sandeep Goyal?

AI to redeploy Northeast fleet on lucrative routes

AI to redeploy Northeast fleet on lucrative routes

Rediff.com4 Jan 2013

Move after the North Eastern Council failed to make viability payments to the carrier.

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.

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.

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.

Exports contract 10.21% in July; trade deficit narrows to $4.83 bn

Exports contract 10.21% in July; trade deficit narrows to $4.83 bn

Rediff.com14 Aug 2020

Sectors with positive growth during the month include rice, iron ore, oil seeds, oil meals, meat, dairy and poultry products, pharmaceuticals, coffee, engineering goods, and plastic.

Taxation, IP impediments for US biz in India: Banga

Taxation, IP impediments for US biz in India: Banga

Rediff.com26 Jan 2015

Taxation and intellectual property rights issue are some basic starting point impediments for US businesses in India, a top Indian-American CEO said on Monday.

CoWIN portal in Hindi, other languages from next week: Govt

CoWIN portal in Hindi, other languages from next week: Govt

Rediff.com17 May 2021

The CoWIN portal will be made available in Hindi and 14 regional languages by next week, while 17 more laboratories will be added to the INSACOG network to monitor the variants of COVID-19, the health ministry said on Monday.

Gold loses shine as most liquid asset status goes

Gold loses shine as most liquid asset status goes

Rediff.com24 Nov 2016

The concept of gold as an asset capable of getting anytime money is evaporating.

Umpire's Call to stay, ICC makes other changes to DRS

Umpire's Call to stay, ICC makes other changes to DRS

Rediff.com1 Apr 2021

Kohli had argued that the batsman should be declared out if the ball is hitting the stumps, even if marginally.

Competition Law in Digital Platform Era

Competition Law in Digital Platform Era

Rediff.com18 Jun 2021

Are we running a cricket match using football rules, asks Ajit Balakrishnan.