News for 'cash recovery'

Polls: EC surveillance teams seize over Rs 16 cr in 5 states

Polls: EC surveillance teams seize over Rs 16 cr in 5 states

Rediff.com19 Nov 2013

Over Rs 16 crore in cash has been seized till now by EC-appointed surveillance teams and check squads in five poll-bound states, with Rajasthan topping the chart with the recovery of Rs 7.13 crore.

Concern over Lord Jagannath's Rs 545 cr in Yes Bank

Concern over Lord Jagannath's Rs 545 cr in Yes Bank

Rediff.com7 Mar 2020

The law minister last month told the assembly that of the lord's total Rs 626.44 crore, Rs 592 crore was kept in Yes Bank. While Rs 545 crore was in the bank as fixed deposits, the remaining Rs 47 crore was in a flexi account.

ONGC, OIL exempted from LPG subsidy payments this fiscal

ONGC, OIL exempted from LPG subsidy payments this fiscal

Rediff.com21 Apr 2015

The FinMin will pay Rs 5,324 crore (Rs 53.24 billion) for Jan-March.

Moody's slashes India growth forecast to 0.2% for 2020

Moody's slashes India growth forecast to 0.2% for 2020

Rediff.com28 Apr 2020

Stating that the economic costs of shutdown of the global economy are accumulating rapidly, Moody's projected that all G-20 advanced economies would contract by 5.8 per cent in 2020.

Aryan Khan's chats hint at international drug nexus: NCB to court

Aryan Khan's chats hint at international drug nexus: NCB to court

Rediff.com4 Oct 2021

The NCB, which got the remand of Aryan Khan and the other eight accused from the court till Thursday, also claimed that in the WhatsApp chats he is discussing modes of payment to be done for procurement (of drugs) and that several code names are being used.

'Probe important': Court extends Aryan Khan's NCB custody

'Probe important': Court extends Aryan Khan's NCB custody

Rediff.com4 Oct 2021

The court, in its order, noted that the investigation in the case was of prime importance and considering this aspect, the further presence of the accused before the NCB was necessary.

Markets remain weak, banking shares dip further

Markets remain weak, banking shares dip further

Rediff.com23 Apr 2013

BSE mid-cap index slipped 0.6% at 6,266. Small-cap index held on to gains and traded unchanged at 6,034.

January likely to see IPOs worth Rs 8,000 crore

January likely to see IPOs worth Rs 8,000 crore

Rediff.com12 Jan 2021

RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.

3 sectors to watch for as economic growth picks up

3 sectors to watch for as economic growth picks up

Rediff.com12 Jan 2021

Overall, the credit profiles of players will be supported by healthy balance sheets and liquidity. Prudence in capital and development expenditure, efficient working-capital management, and recent equity raising will help sustain credit metrics in FY22.

How safe is your money at banks and stock exchanges?

How safe is your money at banks and stock exchanges?

Rediff.com18 Jul 2017

Recent incidents suggest these safeguards perform well in simulated conditions and mock drills, but often fall short when actual threats emerge.

AI has dues of over Rs 822 cr towards VVIP flights: RTI

AI has dues of over Rs 822 cr towards VVIP flights: RTI

Rediff.com6 Feb 2020

Air India had stopped the practice of issuing tickets on credit to government agencies for the travel of their officials in December last year because of accruing pending bills.

TCS Q1 net profit jumps 23.4% to Rs 7,340 crore

TCS Q1 net profit jumps 23.4% to Rs 7,340 crore

Rediff.com10 Jul 2018

Revenue up 15.8% at Rs 34,261 crore over year-ago period.

Japan's Matsuyama makes history with Masters win

Japan's Matsuyama makes history with Masters win

Rediff.com12 Apr 2021

Hideki Matsuyama overcame a potentially ruinous moment to become the first Japanese man to win a major championship with a one-shot Masters victory over Will Zalatoris at Augusta National on Sunday.

JeM planned terror attacks in Delhi, sourcing weapons from Bihar: J-K DGP

JeM planned terror attacks in Delhi, sourcing weapons from Bihar: J-K DGP

Rediff.com14 Feb 2021

Following the arrest of a top terrorist who had made a video of National Security Advisor Ajit Doval's office, it has come to light that Pakistan-based terror outfit Jaish-e-Mohammad is planning a strike in Delhi, Jammu and Kashmir police chief Dilbag Singh said on Sunday.

Ballia firing: Court sends main accused to 14-day custody

Ballia firing: Court sends main accused to 14-day custody

Rediff.com19 Oct 2020

Dhirendra Pratap Singh allegedly shot dead Jai Prakash Pal Gama, 46, on Thursday following a quarrel over the allotment of ration shops at Durjanpur village in Ballia's Reoti area. Senior administration and police officials were present at the meeting when the incident took place.

'Rating agencies are like Bollywood'

'Rating agencies are like Bollywood'

Rediff.com11 Feb 2021

'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.

Sensex reclaims 26,000 to end near four-month high

Sensex reclaims 26,000 to end near four-month high

Rediff.com26 Apr 2016

Recovery in bluechips and gains in European markets helped the rally.

India begins lockdown 3.0; more cars, people on the roads

India begins lockdown 3.0; more cars, people on the roads

Rediff.com4 May 2020

Massive crowds thronged liquor stores, more vehicles plied on roads and cab-hailing platforms resumed services as India entered the third phase of the lockdown on Monday with further easing of curbs except in containment zones in the shadow of the highest rate of recovery yet from coronavirus.

'Demonetisation gives Modi a powerful narrative for 2019'

'Demonetisation gives Modi a powerful narrative for 2019'

Rediff.com6 Sep 2018

'If the Modi government is successful in extraditing a high-profile fugitive such as Vijay Mallya or Nirav Modi before the 2019 election, the government will be able to link demonetisation to this and turn it into a positive.'

Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

Rediff.com9 Jan 2015

On Thursday, Oil Minister Dharmendra Pradhan had stated that the government was reworking the subsidy-sharing formula.

Planning to invest directly in equities? Read this!

Planning to invest directly in equities? Read this!

Rediff.com8 Jan 2021

Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.

COVID-19 outbreak credit negative for India's retail industry: Icra

COVID-19 outbreak credit negative for India's retail industry: Icra

Rediff.com30 Mar 2020

The anticipated adverse impact on the economy and consequent uncertainty around employment prospects is likely to result in lower purchasing power.

Markets are sending clear message

Markets are sending clear message

Rediff.com24 Dec 2020

The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.

Hardship set to linger

Hardship set to linger

Rediff.com31 Dec 2016

With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.

Oil Ministry seeks Rs 26,000 crore as fuel subsidy for Q3

Oil Ministry seeks Rs 26,000 crore as fuel subsidy for Q3

Rediff.com10 Feb 2014

The Petroleum Ministry has asked for Rs 26,000 crore (Rs 260 billion) as fuel subsidy for the third quarter of this financial year, but the finance ministry is inclined to provide only Rs 10,000 crore (Rs 100 billion) cash support.

Do SBI Cards' bad loans have a deeper meaning?

Do SBI Cards' bad loans have a deeper meaning?

Rediff.com2 Nov 2020

If credit card delinquency spells trouble, there may be questions with regard to the much bigger retail sub-categories of car and housing loans, notes T N Ninan.

'Another 600 to 700 points fall is possible'

'Another 600 to 700 points fall is possible'

Rediff.com25 Jan 2022

'This fall is nothing. We could see worse if everybody hits the panic button.'

Fitch: India to rely on next budget for oil subsidies

Fitch: India to rely on next budget for oil subsidies

Rediff.com18 Nov 2013

The government allocated Rs 650 billion for petroleum subsidies in FY14, of which Rs 450 billion was used to pay oil marketing companies for the subsidy gap incurred in the previous financial year.

US billionaire buys OCM for $37 mn

US billionaire buys OCM for $37 mn

Rediff.com4 Oct 2006

US billionaire investor Wilbur Ross has made his debut in India by buying out the troubled textile maker OCM for $37 million in an all cash deal.

MFs see strong inflows in October

MFs see strong inflows in October

Rediff.com20 Nov 2018

In October, the contribution through SIPs rose to Rs 79.85 billion, up 42% compared to the same month last year.

You lose more by deferring your EMIs for 3 months

You lose more by deferring your EMIs for 3 months

Rediff.com1 Apr 2020

In a note to customers, the country's largest lender State Bank of India said, 'Interest shall continue to accrue on the outstanding portion of the term Loan during the moratorium period'. The accrued interest will be collected by the lender in the form of additional EMIs from those borrowers who opt for the three-month moratorium.

Shopian encounter: Captain charged with attempt to destroy evidence

Shopian encounter: Captain charged with attempt to destroy evidence

Rediff.com24 Jan 2021

Captain Bhoopendra Singh had also provided wrong information to his superiors and the police about the recovery made during the staged encounter, the charge sheet filed by the Special Investigation Team (SIT) of the Jammu and Kashmir Police before the chief judicial magistrate in Shopian said.

How India's Covid-19 stimulus differs from other nations'

How India's Covid-19 stimulus differs from other nations'

Rediff.com13 May 2020

Modi's Atma Nirbhar Bharat Abhiyan or Self-reliant India Mission is about 10 per cent of India's GDP in 2019-20 and would rank behind Japan, the US, Sweden, Australia and Germany. But unlike most of the relief packages announced globally, Rs 20 lakh crore is not entirely in new spending and includes Rs 1.7 lakh crore package the government had announced in March as well as the steps taken by the Reserve Bank of India (RBI) such as liquidity enhancing measures and interest rate cuts.

UPS donates $2 million for quake-hit

UPS donates $2 million for quake-hit

Rediff.com30 Nov 2005

March mayhem suggests Indian equities losing sheen

March mayhem suggests Indian equities losing sheen

Rediff.com15 Apr 2015

Materials and utilities were the worst-performing sectors in March.

Here are the highlights of RBI's monetary policy

Here are the highlights of RBI's monetary policy

Rediff.com4 Aug 2015

The central bank was widely expected to maintain status quo.

Covid-19 pandemic was a boon for online biz

Covid-19 pandemic was a boon for online biz

Rediff.com17 Nov 2020

Education technology, grocery, fashion, food delivery and UPI payments surpassed volumes or revenues of February, in the September-October period.

Bad debts: Banks may have to make provision for Rs 2.2 trn

Bad debts: Banks may have to make provision for Rs 2.2 trn

Rediff.com16 Jan 2020

Bankers said they are looking outside the bankruptcy courts and will be able to resolve a few debts in the power sector before January-end.

BJP hails Budget as 'Aatmanirbhar' push; Oppn says 'let-down like never before'

BJP hails Budget as 'Aatmanirbhar' push; Oppn says 'let-down like never before'

Rediff.com1 Feb 2021

The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.

No proposal to increase diesel prices as of now: Moily

No proposal to increase diesel prices as of now: Moily

Rediff.com24 Sep 2013

Moily insisted that no proposal has been moved to the Cabinet for raising diesel rates beyond the 40-50 paise a litre monthly increase, which has been implemented since January.