'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
Tamil Nadu cadre IAS officer K Rajaraman on Friday took charge as the new telecom secretary. His joining comes following the superannuation of Anshu Prakash on September 30. "Shri K Rajaraman, IAS (TN:89) takes charge as Secretary, @DoT_India in presence of senior officials of the department," a PIB tweet said. He was serving as the additional secretary for investments at the Department of Economic Affairs before being promoted to the position of secretary, DoT.
Indian-American businessman Sanjay Govil is convinced Twenty20 cricket can be the next big cultural import into the United States, following a trail blazed by yoga and Bollywood-style weddings.
Cummins is one of cricket's most recognised players as a top performer in all three formats (test, one day and T20) who led Australia to the test and one-day world championships last year.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
The International Financial Services Centre Authority (IFSCA) plans to operationalise the framework for direct listing of companies at International Financial Services Centre (IFSC) exchanges by the end of the year, said Chairperson K Rajaraman. He added that the amendments would be notified within three months. Further, the GIFT City regulator is also considering the launch of separate payments system regulations - similar to that of the real time gross settlement (RTGS) for banking within a few months.
The long-awaited 5G spectrum auction is expected to be held in May this year if the Telecom Regulatory Authority of India (Trai) submits by March its recommendations on the rules regarding the sale process, according to a senior official of the telecom department. Telecom Minister Ashwini Vaishnaw earlier this month said the Trai has informed that it will submit its recommendations for the 5G auction by March and the Department of Telecommunications (DoT) is simultaneously firming up other processes to hold the auction at the earliest. "Trai has indicated that they will send it (recommendations) by March. "Thereafter, it will take us a month to make a decision around it," telecom secretary K Rajaraman told PTI.
'At a time when massive strides are being made in bringing 5G technology to India, and with TSPs ramping up their infrastructure, it is unacceptable that a large number of complaints over quality issues continue to come in, even from major urban areas.'
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
The government is planning to roll out 5G testbed in early January to enable small and medium enterprises and other industry players to test their solutions on a working platform, a top Department of Telecom official said on Thursday. For the promotion of 5G indigenous technology, DoT in March 2018, had approved a multi-institute collaborative project to set up an indigenous 5G Test Bed at a total cost of Rs 224 crore. A testbed consists of a specific environment including hardware, software, operating system, and network configuration to test a product or service.
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
The JNU administration's decision to ask historian Thapar to submit her CV for assessment for her continuation as professor emerita drew sharp criticism from various quarters.
In a significant push to popularise cricket in the US, a $120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US. Major League Cricket (MLC), the first professional Twenty20 Cricket League in the US, announced Thursday that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led by a group of America's leading business leaders. It said that with an additional commitment of $76 million in further fundraising over the next 12 months in place, MLC plans to deploy more than $120 million to launch the country's first-ever professional T20 league.
'If he were to drop even one nuclear weapon on Europe, it would start a nuclear war that would destroy everybody.'
Rediff readers shared photographs of sparrows.
'Putin is in danger of losing face in his Ukrainian adventure. His bluster is a response to this.'
'He is not that crazy.' 'He is driven by a deep sense of Russian power have been diminished.'
'By taking over these reactors, it will ensure Ukraine's supply of electricity is cut off.'
'Putin is just flexing his muscles. He is not going to do anything. He is not that crazy.'
The external current account deficit remains our biggest worry today.
Economists say there aren't many options with the government at present, given the drought-like situation which would only spur its spending.
By way of illustration, there have been increasingly frequent reports in the press of proposals for India to provide special funds to support overseas investments by public sector resource firms so as to ensure security of supply for key minerals and fuels.
US-based retailer Walmart is setting up a research centre in India to develop technologies and solutions for its global e-commerce business.
A top Indian-origin neurologist and his doctor wife were killed when their single-engine aircraft, which he was flying, crashed into a corn field in Ohio shortly after takeoff, US authorities said on Monday.
'When human beings develop these dangerous toys and leave their control in the hands of aggressive megalomaniac politicians, the threat of a nuclear holocaust is always lurking on the horizon.'
Squandering of taxpayer money over the Commonwealth Games highlights the sad lack of financial governance.
A new committee chaired by former Chief Economic Advisor Shankar Acharya will examine the feasibility of having a 'new financial year' to coincide with the calendar year.
Reader Neeta and Venky Rajaraman sent us a photograph.
The government on Wednesday constituted the 13 Finance Commission, which would look into sharing of taxes between Union and the States, under the chairmanship of former finance secretary Vijay Kelkar.
In the latest edition of #India-Photos we bring you pictures of temples from across the country.
The US media world is suddenly agog with reports of Kosmix, a start up that could change the way people search the web, which also could be a potential threat to search engines like Google or Yahoo.
The first tranche of 50 expected to arrive soon as part of efforts to strengthen bilateral cooperation in the fight against the COVID-19 pandemic
Eminent economists, during a panel discussion on Friday warned that India's GDP is likely to grow at a lower 5.6-6.25 per cent this year but said inflation would stabilise at 6-7 per cent in the country.
A panel will examine the merits and demerits of various dates for the commencement of the financial year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances