News for 'Transaction Cost'

Year-end reminder: Some investing common sense

Year-end reminder: Some investing common sense

Rediff.com28 Dec 2014

Simple, sharp and witty... P V Subramanyam offers 12 mantras to become a successful investor

RBI relaxes norms on using other banks' ATMs in metro cities

RBI relaxes norms on using other banks' ATMs in metro cities

Rediff.com13 Oct 2014

The number of free transactions in a month at non-home ATMs is kept at three.

Why RBI should curb rise in rupee

Why RBI should curb rise in rupee

Rediff.com17 Mar 2014

The disturbing aspect about the fall is that it comes as the US and European economies are relatively more stable and improving

Committed to offering superior services: Voda Idea CEO to users

Committed to offering superior services: Voda Idea CEO to users

Rediff.com13 Aug 2021

Amid an existential crisis confronting the company, Vodafone Idea CEO Ravinder Takkar has reached out to consumers reaffirming the telco's commitment to continue providing "superior services and best-in-class propositions". Thanking users for their continued support as the company approaches first anniversary of 'Vi' branding, Takkar noted that Vi came with a promise of a better tomorrow, bringing the best in technology, services and solutions for the Digital India and Digital Bharat. The company will continue to deliver on this promise to keep users ahead, Takkar said in the mailer to consumers.

UPI: It's not only about transferring money

UPI: It's not only about transferring money

Rediff.com30 Aug 2016

The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs

Despite slew of records, problems still plague MGNREGA

Despite slew of records, problems still plague MGNREGA

Rediff.com25 Apr 2021

MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.

Modi Breaks Fresh Ground In Foreign Policy

Modi Breaks Fresh Ground In Foreign Policy

Rediff.com23 Mar 2022

'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.

'I have an issue with my father. Pls help'

'I have an issue with my father. Pls help'

Rediff.com14 Dec 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

With OCEN, small businesses have access to instant loans

With OCEN, small businesses have access to instant loans

Rediff.com6 Aug 2020

The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.

This govt was not in favour of retro tax: Fin Secy

This govt was not in favour of retro tax: Fin Secy

Rediff.com5 Aug 2021

The bill to nullify retrospective taxation offers a fair solution within the framework of Indian law and Parliamentary sovereignty to companies which have been subjected to such demands, Finance Secretary T V Somanathan said on Thursday. Finance Minister Nirmala Sitharaman introduced 'The Taxation Laws (Amendment) Bill, 2021' in the Lok Sabha that seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets. The Bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the day the retrospective tax legislation came into being)."

Clean tech is next hypergrowth opportunity for Mukesh Ambani

Clean tech is next hypergrowth opportunity for Mukesh Ambani

Rediff.com25 Jun 2021

Reliance Industries Ltd's focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and reduces investor worry, brokerages said. RIL chairman Mukesh Ambani at the company's 'Green AGM' on Thursday committed Rs 75,000 crore over the next three years to set up an integrated Green Energy Giga Complex across 5,000 acres in Jamnagar, Gujarat which will contain four giga factories. The complex, which would be one of the world's largest renewable manufacturing facilities, would have an integrated solar photovoltaic module factory, an energy storage battery factory, electrolyser manufacturing for hydrogen production, and manufacturing of fuel cells so that hydrogen can be used in transportation.

Inflation: Survey suggests change in weightage of food items

Inflation: Survey suggests change in weightage of food items

Rediff.com29 Jan 2021

The economic survey for 2020-21 has suggested revision in the weightage of food items to gauge the true picture of inflation in the country, and said new sources of price data also need to be incorporated in the wake of increasing retail e-commerce transactions. As per the survey, the current spike in consumer price-based retail inflation of food prices is mainly a supply-side phenomenon. The survey noted that the weights of all items in retail inflation are based on the NSO household consumption expenditure survey of 2011-12, adding the weight of food items in the index might have significantly decreased over the decade since then.

Planning to invest in house to rent out?

Planning to invest in house to rent out?

Rediff.com19 Jul 2021

To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.

ED probe conspiracy to defame me as I quit BJP: Khadse

ED probe conspiracy to defame me as I quit BJP: Khadse

Rediff.com8 Jul 2021

"I have earlier appeared for the inquiry five times. The Anti-Corruption Bureau (ACB) had filed a C-summary report in a Pune Court that there is no truth in the allegations and the case be closed," he said.

Cruellest cut? Cashback on e-payment at petrol pumps slashed

Cruellest cut? Cashback on e-payment at petrol pumps slashed

Rediff.com2 Aug 2018

'Dear Business Partner, Kindly note and inform your all customers that Digital Cashback has been revised from 0.75 per cent to 0.25 per cent with effect from August 1, 2018 across oil industry for all loyalty customers,' said the text message sent by State-owned oil companies to petrol pump operators.

Jan Dhan Yojana: Many questions remain

Jan Dhan Yojana: Many questions remain

Rediff.com30 Aug 2014

Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.

How GST may burden employee benefits

How GST may burden employee benefits

Rediff.com27 Sep 2017

Have companies overlooked the impact of GST on employee benefits such as health check-up facilities, mediclaim, mobile handsets, house lease, long service awards, employee welfare schemes, and so on, asks Anita Rastogi, partner-GST and indirect tax, PwC

RCom to sell tower, optic fibre business to PE firms

RCom to sell tower, optic fibre business to PE firms

Rediff.com4 Dec 2015

RCom intends to utilise the proceeds of the proposed transaction to reduce its debt.

Plan to Study Abroad? 13 TIPS for You

Plan to Study Abroad? 13 TIPS for You

Rediff.com29 Jun 2021

How you can make the most of a foreign education.

The man with the Rs 100 crore salary

The man with the Rs 100 crore salary

Rediff.com2 Jun 2021

'Personally, I have reached that stage where I think material things can't give you any satisfaction.'

Coal scam: India Inc backs Birla

Coal scam: India Inc backs Birla

Rediff.com12 Mar 2015

'Birla only made representations to then PM for coal blocks allocation.'

How to save yourself from financial frauds, online and offline

How to save yourself from financial frauds, online and offline

Rediff.com20 Sep 2021

India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."

Gold takes a beating, falls by Rs 3000 in a week

Gold takes a beating, falls by Rs 3000 in a week

Rediff.com14 Mar 2020

Gold price in Mumbai's physical market on Friday fell 31.1 per cent or Rs 1,351 to close at Rs 41,848 per 10 gramme. Friday's fall in per cent terms is worst after November 2015 and, in absolute terms, the worst after August 2013. Silver prices fell Rs 2,255 to close 5 per cent lower at Rs 43,085 per kg on Friday.

Air India stake sale: 14 firms in race to advise govt

Air India stake sale: 14 firms in race to advise govt

Rediff.com27 Oct 2017

Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.

Dr Reddy's sells US facility to UAE-based Neopharma

Dr Reddy's sells US facility to UAE-based Neopharma

Rediff.com2 Oct 2018

The plant and associated facilities focus on manufacturing or packaging Amoxicilin-based products, which include semi-synthetic penicillin

Pay all bills, make investments from one place

Pay all bills, make investments from one place

Rediff.com11 Aug 2017

BBPS allows you to pay electricity, telephone, water supply, gas and DTH bills. Its scope will be expanded to include other payments like school and university fees, government taxes, insurance premiums, mutual fund investments, even credit card bills.

Why RBI feels banks' asset quality 'may get dented'

Why RBI feels banks' asset quality 'may get dented'

Rediff.com29 Dec 2021

The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.

New To Crypto Investing? 7 Tips For You

New To Crypto Investing? 7 Tips For You

Rediff.com11 Feb 2022

Avoid thinking of investment as some 'become millionaire in a week' scheme, says Nikhil Sethi, founder and MD, Zuvomo, a crowdfunding firm. Always think of long term gains and plan your trades accordingly.

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

Rediff.com24 Jan 2020

Sources said much has been done to ease the tax burden of the middle classes in the last five years, and that such a measure affects only a limited segment of people when the focus should be to put money in rural areas. Archis Mohan reports.

Tata Sons now has majority stake in AirAsia

Tata Sons now has majority stake in AirAsia

Rediff.com29 Dec 2020

Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."

Is India finally moving towards a 'less cash' economy?

Is India finally moving towards a 'less cash' economy?

Rediff.com7 Sep 2016

The Unified Payment Interface could propel banking into a new era

Playing the stock markets? Filing returns can be tricky for you

Playing the stock markets? Filing returns can be tricky for you

Rediff.com13 Jun 2017

A salaried individual needs to file returns as a business owner if s/he has a high turnover while trading in stocks or futures & options, reveals Tinesh Bhasin.

At 28L, average CTC at ISB up by 8%

At 28L, average CTC at ISB up by 8%

Rediff.com24 Mar 2021

Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.

Each farmer is likely to get cash fertiliser subsidy of Rs 5,000 per year

Each farmer is likely to get cash fertiliser subsidy of Rs 5,000 per year

Rediff.com24 Sep 2020

The government's main rate setting panel suggested that this be done in two tranches of Rs 2,500 each in the kharif and rabi seasons.

Doing a SIP in stocks on your own? Beware!

Doing a SIP in stocks on your own? Beware!

Rediff.com29 Aug 2014

Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why

Why Indian abstract art is so valuable

Why Indian abstract art is so valuable

Rediff.com16 Dec 2019

What makes Indian abstract art more valuable is its relative rarity. V S Gaitonde, S H Raza and J Swaminathan are the only major names in modern Indian art known for their abstracts.

'RBI must intervene to reduce excess volatility in rupee'

'RBI must intervene to reduce excess volatility in rupee'

Rediff.com25 Sep 2018

'For the RBI, it is also strategic to allow the rupee to over-depreciate, then come and buy the rupee, and benefit from its appreciation. Speculators who have driven the rupee too low then make losses,' says Ashima Goyal.

Budget may do away with dividend distribution tax

Budget may do away with dividend distribution tax

Rediff.com27 Jan 2020

DDT is levied on dividends that a company pays its shareholders out of its profits. It is currently charged at the rate of 20.55 per cent, including a surcharge and education cess. Government may instead tax the shareholders receiving dividends, in a bid to help improve investor sentiment by addressing the multiplicity of taxes and bring down the effective tax rates for companies.

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

Swiping card to buy a car: Smart or risky?

Swiping card to buy a car: Smart or risky?

Rediff.com21 Oct 2014

You get a 45-day repayment window and reward points. But inability to pay back on time can be a problem.