News for 'Transparency International'

'MPs' letter was given to Congress leadership 10 days ago'

'MPs' letter was given to Congress leadership 10 days ago'

Rediff.com19 Aug 2020

'This letter assumes significance as it is for the first time that a letter has been documented and collectively agreed upon.'

Finding a replacement for Sepp Blatter...

Finding a replacement for Sepp Blatter...

Rediff.com20 Jul 2015

The leadership of crisis-hit world football governing body FIFA gathered at their Zurich headquarters on Monday to set a date for the vote to replace outgoing president Sepp Blatter.

Pursuing foreign companies since mid-2020 for possible vaccine imports: Govt

Pursuing foreign companies since mid-2020 for possible vaccine imports: Govt

Rediff.com27 May 2021

Facing accusations of delay in placing orders for vaccines, the government on Thursday defended its vaccine procurement policy saying it has been pursuing Pfizer, J&J and Moderna since mid-2020 for the earliest possible imports, and has even waived local trials for well-established foreign vaccine makers.

Charges don't contain any allegations pertaining to fixing: Jayasuriya

Charges don't contain any allegations pertaining to fixing: Jayasuriya

Rediff.com16 Oct 2018

Sri Lankan cricket legend Sanath Jayasuriya on Tuesday refused to comment on the International Cricket Council's charge of non-cooperation in an ongoing anti-corruption probe.

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Rediff.com4 Sep 2020

In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.

How Tech Is Tackling Knotty HR Problems

How Tech Is Tackling Knotty HR Problems

Rediff.com2 Mar 2022

Tech is also being used to stem resignations, which have recorded a rise amid COVID-19.

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

Govt rejects Walmart-Flipkart's bid to enter food retail sector

Govt rejects Walmart-Flipkart's bid to enter food retail sector

Rediff.com1 Jun 2020

The department for promotion of industry and internal trade has rejected Walmart-backed Flipkart's proposal seeking approval for entry to the food retail sector, citing a regulatory issue, an official said on Monday. The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India.

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.

What US companies want from India: Stable policy

What US companies want from India: Stable policy

Rediff.com27 Jun 2020

Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.

Coronavirus declared global health emergency as death toll rises to 213

Coronavirus declared global health emergency as death toll rises to 213

Rediff.com31 Jan 2020

Hubei province, the epicentre of the outbreak, reported 5,806 confirmed cases, including 204 deaths, official media reported.

Time For RBI To Change Penalty Rules

Time For RBI To Change Penalty Rules

Rediff.com11 Nov 2021

Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.

Companies with worst corporate governance scores

Companies with worst corporate governance scores

Rediff.com19 Dec 2019

Recently listed companies scored 54, compared to 58 for the BSE100 firms and 61 for entities in the Sensex pack. The report noted that issues remain in IPO companies in which there seems to be a need to institutionalise governance practices.

William, Harry condemn BBC 'deceit' over Diana interview

William, Harry condemn BBC 'deceit' over Diana interview

Rediff.com21 May 2021

In separate statements following an independent inquiry's conclusion that the BBC "fell short of the high standards of integrity and transparency which are its hallmark", her sons blamed the controversial 1995 interview for her "fear and paranoia" that damaged their parents' relationship.

Authorities across Asia battle illegal gambling surge ahead of World Cup

Authorities across Asia battle illegal gambling surge ahead of World Cup

Rediff.com11 Jun 2018

Illegal gambling on the cup is prevalent in countries like Thailand and Malaysia, where football is hugely popular, but which don't have legal betting alternatives, gambling industry experts say.

What changed the India-US relationship forever

What changed the India-US relationship forever

Rediff.com3 Mar 2020

In the mid-1980s, India and the US struggled to arrive at sufficient confidence for Washington to even sell a supercomputer to India for monsoon prospecting. Now, the most sensitive military technologies, data, and intelligence resources are being shared. This would not have happened without that one, big deal that changed the fundamentals of India-US relations, notes Shekhar Gupta.

India never had more decisive government: Modi

India never had more decisive government: Modi

Rediff.com11 Oct 2021

Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.

Malegaon blast: No in-camera trial, but curbs put on media

Malegaon blast: No in-camera trial, but curbs put on media

Rediff.com1 Oct 2019

Special NIA Judge V S Padalkar said conducting the trial in a "transparent manner" was among the reasons for rejecting the NIA's plea.

How Taliban's funding continued over 20 years

How Taliban's funding continued over 20 years

Rediff.com9 Sep 2021

In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.

Will BCCI look into issues raised by Guha?

Will BCCI look into issues raised by Guha?

Rediff.com11 Jun 2017

Batting for larger transparency, the Central Information Commission (CIC) has urged the Committee of Administrators running the Board of Control for Cricket in India to look into the issues raised by historian Ramachandra Guha.

Twitter 'actioned' 133 URLs between May 26-Jun 25

Twitter 'actioned' 133 URLs between May 26-Jun 25

Rediff.com11 Jul 2021

Twitter received 94 grievances and 'actioned' 133 URLs between May 26 and June 25, the microblogging platform said in its maiden monthly compliance report as mandated by the IT rules.

The law student who made Supreme Court history

The law student who made Supreme Court history

Rediff.com23 Oct 2018

A petition filed by Swapnil Tripathi, a final year student studying at the National Law University, Jodhpur, prompted the Supreme Court to allow live streaming of the opaque proceedings within.

BCCI invites applications for MSK Prasad and Gagan Khoda's replacements

BCCI invites applications for MSK Prasad and Gagan Khoda's replacements

Rediff.com18 Jan 2020

Along with the senior selection committee, the entire women's selection panel will be overhauled

Telcos want level-playing field with satellite companies

Telcos want level-playing field with satellite companies

Rediff.com18 Nov 2020

The move comes a few days after billionaire businessman Elon Musk tweeted that his Starlink internet services would be available in India as soon as it gets regulatory approvals next year. Musk's Starlink, which plans to have a constellation of 40,000 low-orbit satellites, recently started offering high-speed internet in the US as part of its beta launch phase.

Interest on home, auto loans to be linked to new benchmarks from April 1

Interest on home, auto loans to be linked to new benchmarks from April 1

Rediff.com5 Dec 2018

The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month

What Capt Amarinder Singh told Sonia Gandhi before quitting as CM

What Capt Amarinder Singh told Sonia Gandhi before quitting as CM

Rediff.com19 Sep 2021

"Notwithstanding my personal anguish, I hope this will not cause any damage to the hard-earned peace and development in the state," Singh wrote in his letter to Gandhi

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Rediff.com18 Sep 2021

Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".

Toolkit row: Twitter calls out intimidation by police

Toolkit row: Twitter calls out intimidation by police

Rediff.com27 May 2021

Twitter said it will continue to be strictly guided by principles of transparency, a commitment to empowering every voice on the service, and protecting freedom of expression and privacy under the rule of law.

Imran says world will be responsible if war breaks out

Imran says world will be responsible if war breaks out

Rediff.com14 Aug 2019

"The world's eye is on Kashmir and on Pakistan...I will be the ambassador who raises Kashmir's voice at every international forum," he said.

FDI from Cayman Islands to India jumps three-fold

FDI from Cayman Islands to India jumps three-fold

Rediff.com9 Jun 2020

Similarly, FDI from Cyprus too increased by about three-times to $879 million in the last financial year from $296 million in 2018-19.

Online gold trading will soon be a reality

Online gold trading will soon be a reality

Rediff.com6 Feb 2018

BSE proposes two models for making gold trading and investment transparent

What a post-COVID-19 world may look like

What a post-COVID-19 world may look like

Rediff.com6 May 2020

'Whatever else may or may not happen, China and its people are likely to pay a very heavy price for the lack of transparency of its Communist regime,' predicts Colonel Anil A Athale (retd).

SC refuses to direct BCCI to e-auction IPL media rights

SC refuses to direct BCCI to e-auction IPL media rights

Rediff.com28 Aug 2017

A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chadrachud did not consider the plea of BJP leader Subramanian Swamy that the ongoing tendering process for awarding media rights for the IPL events be stayed and e-auctioning directed.

How Barcelona players planned to fund Neymar's return

How Barcelona players planned to fund Neymar's return

Rediff.com31 Oct 2019

Barcelona were so keen to bring Neymar back from Paris St Germain that the players were ready to accept delays to salary payments in order for the club to afford the Brazilian

India's excess Covid deaths may be between 3.4- 4.9mn: Study

India's excess Covid deaths may be between 3.4- 4.9mn: Study

Rediff.com21 Jul 2021

India's official COVID-19 tally on Wednesday was 4,18,480 (4.18 lakh), the third highest in the world after the US and Brazil.

QS Rankings Top 200: IIT-Bombay dips to rank 172

QS Rankings Top 200: IIT-Bombay dips to rank 172

Rediff.com11 Jun 2020

In the 2021 QS rankings announced in London on Wednesday, IIT Bombay continues to be the best-ranked Indian institute at 172, a 20-slot dip from the 2020 ranking.

India, UK unveil 10-year roadmap to boost trade

India, UK unveil 10-year roadmap to boost trade

Rediff.com4 May 2021

Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.

'India going to be one of the largest economies in the world'

'India going to be one of the largest economies in the world'

Rediff.com10 Apr 2017

Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Rediff.com18 Nov 2020

Pages for the Bharatiya Janata Party's Bihar arm (BJP Bihar), Janata Dal-United, and Chirag Paswan (of the Lok Janshakti Party) saw between Rs 15 lakh and Rs 30 lakh in ad spends.

China's defence budget=$175 bn. India's=$46 bn

China's defence budget=$175 bn. India's=$46 bn

Rediff.com14 Mar 2018

'If the Chinese intent is to be gauged based on its aggression in the South China Sea, greater forays in the Indian Ocean, a hawk's attitude towards Taiwan, flying its fighters repeatedly over the Senkaku islands in the East China Sea and creating strategic assets globally, there would be a requirement for strategic partnerships for India,' says Brigadier S K Chatterji (retd).