News for 'Transparency Initiative'

Now, our netas won't be able to influence us through Facebook

Now, our netas won't be able to influence us through Facebook

Rediff.com27 Apr 2018

The social media giant promised that news and views will be checked for veracity and pejorative content will be weeded out.

US Treasury's David Malpass bags World Bank's top job

US Treasury's David Malpass bags World Bank's top job

Rediff.com5 Apr 2019

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.

Consequences of 'CEO exits' at Indian IT companies

Consequences of 'CEO exits' at Indian IT companies

Rediff.com22 Jun 2023

Indian IT services companies have seen several CEO changes that have, over the past few months, led to some crucial exits at the mid-senior level in a trend that is likely to continue. According to a recent Motilal Oswal report, "Movement of mid-to-senior leadership at IT services firms is a reality, partially on account of multiple CEO-level changes.

Public sector banks' total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks' total profit crosses Rs 1 lakh crore-mark in FY23

Rediff.com21 May 2023

Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings. From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results. These 12 PSBs witnessed 57 per cent increase in total profit compared to Rs 66,539.98 crore earned in 2021-22.

Will India join e-commerce deal at WTO?

Will India join e-commerce deal at WTO?

Rediff.com29 Nov 2022

India is unlikely to join the ongoing negotiations for a plurilateral deal on e-commerce at the World Trade Organization (WTO), notwithstanding a change in stance on data localisation and cross-border flow of data. Under the new draft digital personal data protection (DPDP) Bill, put out on Friday for public consultation, the government has proposed free cross-border flow of data with 'friendly' nations, significantly easing its earlier stance on data localisation. India has so far stayed out of a group of 87 countries, including the US, European Union, China, and Japan that are negotiating trade-related aspects on e-commerce since December 2017.

Why I-T Department Selected 68,000 Cases

Why I-T Department Selected 68,000 Cases

Rediff.com21 Mar 2023

Transactions were allegedly not reported correctly in the tax returns for FY20.

It's official: Siddaramaiah to be Karnataka CM; Shivakumar his deputy

It's official: Siddaramaiah to be Karnataka CM; Shivakumar his deputy

Rediff.com18 May 2023

Ending days of suspense, the Congress on Thursday announced Siddaramaiah as the next chief minister of Karnataka and D K Shivakumar as his only deputy in the soon-to-formed cabinet.

FIFA suspends Spain's soccer chief Luis Rubiales over kiss

FIFA suspends Spain's soccer chief Luis Rubiales over kiss

Rediff.com26 Aug 2023

FIFA on Saturday suspended Spanish federation chief Luis Rubiales from all soccer-related activities

Getting Married? Plan Finances First!

Getting Married? Plan Finances First!

Rediff.com23 Oct 2023

For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.

Can Vijay Succeed Where Rajini Couldn't?

Can Vijay Succeed Where Rajini Couldn't?

Rediff.com2 Feb 2024

Will Vijay will go the most successful MGR/Jayalalithaa way, or that of Vijayakanth, Seeman or Kamalahaasan, or will he end up as another Rajinikanth who cries wolf at the last minute and quits the scene even before it all had really begun, asks N Sathiya Moorthy.

Economy poised to do better, says CEA Nageswaran

Economy poised to do better, says CEA Nageswaran

Rediff.com31 Jan 2023

Indian economy is poised to do better on the back of reforms undertaken by the government and is expected to clock a 6.5-7 per cent growth in the remaining part of the decade, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Tuesday. Addressing reporters here after the tabling of the Economic Survey in Parliament by Finance Minister Nirmala Sitharaman, Nageswaran said that by and large, inflation is likely to be "well behaved" in FY2023-24 barring headwinds. "My optimism is that in the coming decade, rest of the decade, the potential GDP growth, without taking into account export potential, because global economy is still rife with uncertainty, the growth rate would be around 6.5 to 7 per cent, rather than between 6 per cent and 6.5 per cent," he said.

UEFA to refund Liverpool fans after CL final chaos

UEFA to refund Liverpool fans after CL final chaos

Rediff.com7 Mar 2023

The final was delayed by 36 minutes after thousands of Liverpool supporters were unable to get into the Stade de France for the match

SCO members should respect sovereignty, territorial integrity: Doval

SCO members should respect sovereignty, territorial integrity: Doval

Rediff.com29 Mar 2023

National Security Advisor Ajit Doval on Wednesday said that the Shanghai Cooperation Organisation members should respect the sovereignty and territorial integrity and seek no unilateral military superiority in adjacent areas.

NEVER Say These 10 Things In A Job Interview

NEVER Say These 10 Things In A Job Interview

Rediff.com18 Sep 2023

rediffGURU Ashwini Dasgupta offers tips on how to navigate job interviews.

At G7, India pledges to protect free speech

At G7, India pledges to protect free speech

Rediff.com28 Jun 2022

Leaders of the powerful G7 grouping and its five partner countries, including India, have said that they are committed to open public debate and the free flow of information online and offline while guarding the freedom, independence and diversity of civil society actors.

Avoid going to media with...: Kharge to Cong leaders

Avoid going to media with...: Kharge to Cong leaders

Rediff.com17 Sep 2023

He said the people are looking for an alternative and the Congress' victories in Himachal Pradesh and Karnataka elections are clear proof of this.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Tata to invest 4 bn to build EV battery plant in UK

Tata to invest 4 bn to build EV battery plant in UK

Rediff.com19 Jul 2023

Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.

No new cars, exchange books: Tejashwi's code for RJD ministers

No new cars, exchange books: Tejashwi's code for RJD ministers

Rediff.com20 Aug 2022

The RJD heir apparent issued the commandments on his official Twitter handle, whereby party ministers have been forbidden from purchasing new cars and also from allowing visitors to touch feet.

Byju's starts new sale process to check mis-selling

Byju's starts new sale process to check mis-selling

Rediff.com16 Jan 2023

Edtech firm Byju's has rolled out a 4-tier tech-driven internal sales process replacing its existing direct sales process to check mis-selling, the company said on Monday. The development comes against the backdrop of summons issued to the company by child rights body National Commission for Protection of Child Rights (NCPCR) over allegations that the edtech firm is indulging in malpractices to lure parents and children to buy their courses. Under the new sales model, interested customers having minimum monthly income of Rs 25,000 will be eligible to buy courses from Byju's and will need to give consent for placing the order and before closing of the sales.

China succumbs to pressure, shares Covid situation with WHO

China succumbs to pressure, shares Covid situation with WHO

Rediff.com30 Dec 2022

They agreed to continue technical exchanges to help end the epidemic worldwide as soon as possible, it said.

'Business-govt ties should be more transparent'

'Business-govt ties should be more transparent'

Rediff.com23 Jul 2007

Excerpts from Prime Minister Manmohan Singh's speech at the release of the book The Indian CEO: A Portrait of Excellence on July 18 in New Delhi.

'Bid was transparent and in compliance with norms'

'Bid was transparent and in compliance with norms'

Rediff.com27 Apr 2010

Stung by allegations of irregularities in their initial bid, Rajasthan Royals on Tuesday insisted that the consortium neither flouted any norms nor hid any information from the BCCI about its shareholding pattern.

CoinSwitch holds Rs 1,083 cr of users' assets

CoinSwitch holds Rs 1,083 cr of users' assets

Rediff.com7 Jan 2023

CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.

Will Jio MF Disrupt MF Business?

Will Jio MF Disrupt MF Business?

Rediff.com21 Aug 2023

While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.

Is Biden Using Trudeau To Get Back At Modi?

Is Biden Using Trudeau To Get Back At Modi?

Rediff.com25 Sep 2023

Once the Canadian investigation runs its course, Ottawa may put on the public domain further accusations passing for "evidence" -- and that could happen at some point closer to our general election. All in all, the big question is, what is it that the US is really up to, asks Ambassador M K Bhadrakumar.

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

SC to live-stream its constitution bench proceedings from Sep 27

SC to live-stream its constitution bench proceedings from Sep 27

Rediff.com22 Sep 2022

A unanimous decision was taken by the 30 judges of the apex court in the full court meeting headed by Chief Justice of India U U Lalit held on Tuesday evening to implement an apex court verdict of 2018 in the Swapnil Tripathi case.

Invest in logistics stocks, but selectively

Invest in logistics stocks, but selectively

Rediff.com27 Apr 2023

Logistic players have seen a sharp correction at the bourses over the past six months as intense competition from new-age-tech startups, higher freight rates, and weak macros dented listed players' growth outlook. Analysts warn that the emergence of tech-based startups could weigh on organised players' profit-pool, and can potentially erode their market share. Thus, a stock-specific strategy would be prudent at this juncture with focus on companies that are rapidly innovating and investing in technology.

'EC should investigate against the background of 2002 communal incidents'

'EC should investigate against the background of 2002 communal incidents'

Rediff.com2 Dec 2022

'A political party taking the law into its hands is objectionable, especially in the context of the 2002 incidents in Gujarat.'

EC issues revised guidelines for transparency in party funds

EC issues revised guidelines for transparency in party funds

Rediff.com27 Feb 2014

The Election Commission on Thursday issued a set of draft "revised" guidelines to political parties asking them not to give cash to their candidates in a bid to curb the menace of black money in elections.

Many firsts as Justice Chandrachud completes 100 days as CJI

Many firsts as Justice Chandrachud completes 100 days as CJI

Rediff.com16 Feb 2023

Chief Justice of India (CJI) D Y Chandrachud's first 100 days in office saw the Supreme Court take a giant leap towards reforms, especially making courts more technology-friendly, and ensuring relatively fast judicial appointments including those of eight judges to the apex court.

'HDFC merger template for faster growth'

'HDFC merger template for faster growth'

Rediff.com20 Jul 2023

'If we want faster growth and want greater flow of credit towards the private sector, it's important to have many more of such large entities.'

Fund mobilisation through equity, debt routes down 20% to Rs 11 lakh cr in 2022

Fund mobilisation through equity, debt routes down 20% to Rs 11 lakh cr in 2022

Rediff.com26 Dec 2022

Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.

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'.

Brahmos misfire: HC seeks Centre's stand on IAF officer's plea against sacking

Brahmos misfire: HC seeks Centre's stand on IAF officer's plea against sacking

Rediff.com14 Mar 2023

A bench of Justices Suresh Kumar Kait and Neena Bansal Krishna issued notice on the petition by the former wing commander, who was posted as engineering officer at the relevant time, and granted the Centre six weeks to file its response.

Canada to make Covid report mandatory for fliers from China

Canada to make Covid report mandatory for fliers from China

Rediff.com1 Jan 2023

The Canadian government announced that this new requirement will come into effect on January 5, at which point travellers aged two and older will need to provide proof of a negative test before leaving for Canada.

Delhi HC to hear pleas against Agnipath scheme on July 20

Delhi HC to hear pleas against Agnipath scheme on July 20

Rediff.com12 Jul 2022

Defence forces are the organisations that adopt the most transparent recruitment process, the Delhi high court on Tuesday orally observed while fixing July 20 to hear several pleas challenging the Centre's Agnipath scheme.

Greatest challenge before judiciary is...: CJI on I-Day

Greatest challenge before judiciary is...: CJI on I-Day

Rediff.com15 Aug 2023

Chief Justice of India (CJI) D Y Chandrachud on Tuesday said the greatest challenge before the Indian judiciary is to eliminate barriers to accessing justice and make sure that the judiciary is inclusive and accessible to the last person in the line.

'No shell company in Mauritius; Hindenburg allegations false, baseless'

'No shell company in Mauritius; Hindenburg allegations false, baseless'

Rediff.com10 May 2023

In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.