News for 'Transparency Initiative'

Spice row: Govt plans greater scrutiny, SOPs

Spice row: Govt plans greater scrutiny, SOPs

Rediff.com13 May 2024

The government is formulating guidelines on the use of ethylene oxide (ETO) in samples of spices for the domestic market and exports, people aware of the matter said, as it plans to step up efforts to make quality checks more stringent. ETO, a flammable, colourless gas, is typically used as a disinfectant. It is also used as a sterilising agent and an insecticide to reduce microbial contamination in spices. However, its use is considered carcinogenic, beyond permissible limits.

Afghan pacer Naveen slapped with 20-month ban

Afghan pacer Naveen slapped with 20-month ban

Rediff.com18 Dec 2023

Afghanistan pacer Naveen-ul-Haq was on Monday handed a 20-month ban from participating in the International League T20

BJP scores surprise hat-trick in Haryana; NC-Cong wrest J-K

BJP scores surprise hat-trick in Haryana; NC-Cong wrest J-K

Rediff.com8 Oct 2024

The Bharatiya Janata Party on Tuesday clinched a stunning hat-trick win in Haryana overcoming anti-incumbency and dashing Congress' hopes of a comeback while the National Conference-Congress combine pulled off a spectacular victory in maiden elections in Jammu and Kashmir after abrogation of Article 370 in 2019.

Pricing key challenge for health insurance of older citizens: Experts

Pricing key challenge for health insurance of older citizens: Experts

Rediff.com23 Apr 2024

The insurance regulator's move to prod insurance companies to sell health products to all age groups, including those above 65, is aimed at increasing penetration though there would be challenges on pricing due to higher risk perception, experts said. While there was no regulatory cap on age for health insurance policies, most companies had an internal policy which did not allow them to sell health insurance products to persons over 65.

Cashless Health Claims To Be Approved In 1 Hour

Cashless Health Claims To Be Approved In 1 Hour

Rediff.com30 May 2024

Health insurance policy-holders will be able to avail a discount on the premium payable if there were no claims made in the previous year, according to the circular released by the regulator.

India a safe haven for investors, says Mark Mobius

India a safe haven for investors, says Mark Mobius

Rediff.com2 Nov 2023

Amid current geopolitical challenges and a slowdown in global growth, veteran emerging market investor Mark Mobius called India a safe haven for investors, backed by a stable government. The renowned investor, who is excited about the opportunities available in India, said the country is now the second largest in the portfolio of Mobius Capital Partners after Taiwan. Calling India a "land of opportunities and innovation", he said that his optimism about India is driven by the stable government and young demographic, with an average age of 27 years.

Meet Nirmalaji's Core Budget Team

Meet Nirmalaji's Core Budget Team

Rediff.com23 Jul 2024

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.

Free ration, healthcare: What BJP's manifesto promises

Free ration, healthcare: What BJP's manifesto promises

Rediff.com14 Apr 2024

Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.

RBI initiates inspection of Syndicate Bank

RBI initiates inspection of Syndicate Bank

Rediff.com5 Aug 2014

Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.

'SC ruling cause of concern for mining industry'

'SC ruling cause of concern for mining industry'

Rediff.com16 Aug 2024

'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'

SLC invites retired judges to form independent panel

SLC invites retired judges to form independent panel

Rediff.com8 Nov 2023

The committee will consist of retired Supreme Court judges S I Imam and Rohini Marasinghe, and Irangani Perera, retired High Court judge.

Parrikar gets down to work, promises transparency in defence deals

Parrikar gets down to work, promises transparency in defence deals

Rediff.com10 Nov 2014

A day after taking charge as Defence Minister, Manohar Parrikar on Monday said he would focus on "targeted completion" of works to strengthen the armed forces.

Companies Join Battle Against Sugar, Salt

Companies Join Battle Against Sugar, Salt

Rediff.com15 Jul 2024

Mondelez, Coca-Cola, PepsiCo and Nestle India have been working on bringing down the sugar, salt, and sodium content.

SC to hear batch of pleas on NEET-UG row tomorrow

SC to hear batch of pleas on NEET-UG row tomorrow

Rediff.com7 Jul 2024

The Supreme Court will hear on Monday a batch of pleas related to the controversy-ridden medical entrance exam National Eligibility-cum-Entrance Test-Undergraduate (NEET-UG) 2024, including those alleging irregularities and malpractices in the May 5 test and seeking a direction to conduct it afresh.

SC to share case info with advocates through WhatsApp

SC to share case info with advocates through WhatsApp

Rediff.com25 Apr 2024

The announcement on integration of WhatsApp with its Information and Communications Technology (ICT) services was made by the CJI before a nine-judge bench headed by him commenced the hearing on the vexed legal question arising from the petitions about whether private properties can be considered "material resources of the community" under Article 39(b) of the Constitution, which is a part of the Directive Principles of State Policy (DPSP).

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

Big blow to Siddaramaiah as Guv sanctions his prosecution

Big blow to Siddaramaiah as Guv sanctions his prosecution

Rediff.com17 Aug 2024

Karnataka Governor Thaawarchand Gehlot on Saturday accorded sanction for prosecution of Chief Minister Siddaramaiah in connection with Mysuru Urban Development Authority (MUDA) site allotment 'scam', giving a major jolt to the nearly 15 month old Congress government.

Chandrachud completes a year of landmark verdicts as CJI

Chandrachud completes a year of landmark verdicts as CJI

Rediff.com8 Nov 2023

Besides launching initiatives for technological, administrative and infrastructural improvement, Chandrachud, like his illustrious father Y V Chandrachud, who was the Chief Justice of India for the longest time from February 22, 1978 to July 11, 1985, kept delivering significant verdicts in the last one year.

CII asks startups to keep their valuations 'as realistic as possible'

CII asks startups to keep their valuations 'as realistic as possible'

Rediff.com29 Apr 2024

The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

Rediff.com25 Apr 2024

'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

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.

RBI bars IIFL Finance from disbursing gold loans

RBI bars IIFL Finance from disbursing gold loans

Rediff.com4 Mar 2024

The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the Reserve Bank of India (RBI) pertain to only the gold loan business.

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Rediff.com26 Jun 2024

'Aspiring doctors have put in years of their lives to study in preparation for NEET exams as they start studies from Class 9 to get good marks.' 'And today, after the NEET paper leak, these students even after getting good marks are unable to get admission in any good medical college (because of inflated merit marks due to the paper leak).' 'They are thinking, was it worthwhile to study so hard for the examinations to become a doctor?'

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Okay To Live Apart When You're Married?

Okay To Live Apart When You're Married?

Rediff.com13 Sep 2024

While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.

SC gets on judicial grid, national data of cases becomes available

SC gets on judicial grid, national data of cases becomes available

Rediff.com14 Sep 2023

Chief Justice of India DY Chandrachud on Thursday said the Supreme Court has onboarded the National Judicial Data Grid (NJDG), a repository of data on pendency and disposal of cases right from taluka to the national level.

As Khattar gest LS ticket, Saini likely to be fielded from his seat

As Khattar gest LS ticket, Saini likely to be fielded from his seat

Rediff.com13 Mar 2024

Khattar, who represented the Karnal seat, said newly appointed Chief Minister Nayab Singh Saini will take care of the constituency now.

Meta And Google Get Ready For Lok Sabha Polls

Meta And Google Get Ready For Lok Sabha Polls

Rediff.com30 Mar 2024

Meta is working closely with the Election Commission. This enables the Commission to flag unlawful content.

Five coast guards killed in plane collision at Japan's airport

Five coast guards killed in plane collision at Japan's airport

Rediff.com3 Jan 2024

In a shocking incident at Haneda Airport, Japan Airlines Flight 516, en route from New Chitose Airport, erupted into flames just after landing on Runway C at approximately 5.47 pm (local time) on Tuesday, Japanese public broadcaster NHK reported.

Countering 'lifeblood' of terror should be priority: NSA Doval

Countering 'lifeblood' of terror should be priority: NSA Doval

Rediff.com6 Dec 2022

Describing Central Asia as India's "extended neighbourhood", Doval said New Delhi accords "highest priority" to this region, adding Afghanistan is an important issue "concerning all of us".

Contempt plea against SBI for seeking more time for electoral bond names

Contempt plea against SBI for seeking more time for electoral bond names

Rediff.com7 Mar 2024

In its verdict last month, the top court directed the SBI to furnish the details to the Election Commission (EC) by March 6.

India-listed multinational arms outclass parent firms' valuations

India-listed multinational arms outclass parent firms' valuations

Rediff.com28 Feb 2024

It's not only the Indian markets that command a valuation premium over their global peers; shares of subsidiaries of India-listed multinational companies (MNCs) also trade at rich valuations compared to their parent companies. An analysis of 12-month forward price-to-earnings (P/E) and price-to-book (P/B) multiples of domestically listed MNCs shows that most quotes have a premium ranging from 2.1x to 6x that of their parent. Similarly, P/B, in most cases, is significantly higher in the domestic market.

Poonam Pandey fake death: A dangerous gamble with public trust

Poonam Pandey fake death: A dangerous gamble with public trust

Rediff.com3 Feb 2024

While the cause itself is undoubtedly worthy of attention, the method employed raises concerns about the dangers of misinformation and the responsibility of news outlets in our information age.

To become developed nation by 2047, India needs stronger army: Rajnath

To become developed nation by 2047, India needs stronger army: Rajnath

Rediff.com1 Oct 2023

Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Rediff.com19 Jan 2024

The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.

Tax poser in the way of Hyundai local arm listing

Tax poser in the way of Hyundai local arm listing

Rediff.com15 Feb 2024

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.

Cong resolves to make INDIA an 'electoral success'

Cong resolves to make INDIA an 'electoral success'

Rediff.com16 Sep 2023

The Congress on Saturday resolved to make the Indian National Developmental Inclusive Alliance (INDIA) an 'ideological and electoral success' to free the country from 'divisive politics' and ensure that people get a government that is sensitive and accountable.