News for 'consumer affairs department'

India bars all international flights, insists on work from home

India bars all international flights, insists on work from home

Rediff.com19 Mar 2020

The central government said the railways and civil aviation ministry must suspend all concessional travel on trains and flights, except for students, patients and disabled people.

31 ministers join Nitish govt, RJD gets lion's share

31 ministers join Nitish govt, RJD gets lion's share

Rediff.com17 Aug 2022

The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.

MP CM allocates portfolios, Scindia loyalists get key ministries

MP CM allocates portfolios, Scindia loyalists get key ministries

Rediff.com13 Jul 2020

The 28 new ministers who joined the Chouhan cabinet on July 2 include 20 of cabinet rank and eight ministers of state.

LIC valuation delay may push IPO plan beyond FY22

LIC valuation delay may push IPO plan beyond FY22

Rediff.com19 Dec 2021

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. Even after the valuation, there are several regulatory processes that have concluded, the official said.

India, fastest-growing major economy, likely to grow 6.4% in 2022: UN

India, fastest-growing major economy, likely to grow 6.4% in 2022: UN

Rediff.com19 May 2022

As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private consumption and investment, according to a UN report. The UN Department of Economic and Social Affairs said in its World Economic Situation and Prospects (WESP) report released on Wednesday that the war in Ukraine has upended the fragile economic recovery from the pandemic, triggering a devastating humanitarian crisis in Europe, increasing food and commodity prices and globally exacerbating inflationary pressures. The global economy is now projected to grow by only 3.1 per cent in 2022, down from the 4.0 per cent growth forecast released in January 2022.

Sebi doesn't want FMC under its purview

Sebi doesn't want FMC under its purview

Rediff.com18 Sep 2013

The Sebi Act deals with securities and the definition of securities, according to the Securities Contracts Act, doesn't include commodities.

Masks, hand sanitiser declared 'essential commodities'

Masks, hand sanitiser declared 'essential commodities'

Rediff.com14 Mar 2020

These items will remain under essential commodities segment till June-end, a move aimed at ensuring availability at reasonable prices and cracking down on hoarders/black marketeers.

Biden picks Kashmiri-origin Sameera Fazili in WH team

Biden picks Kashmiri-origin Sameera Fazili in WH team

Rediff.com16 Jan 2021

In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.

BJP bids to win 2019 polls on PM's 'pro-poor' image

BJP bids to win 2019 polls on PM's 'pro-poor' image

Rediff.com15 May 2017

According to BJP strategists, PMJAY and the PM Ujjwala Yojana will form the nucleus of the Modi government's re-election campaign.

Decision likely soon on spot exchanges' regulator

Decision likely soon on spot exchanges' regulator

Rediff.com5 Aug 2013

In most developed markets, there are reporting agencies for spot markets and generally deals took place on the over-the-counter market.

National e-com policy to be announced within 12 months: Govt

National e-com policy to be announced within 12 months: Govt

Rediff.com26 Jun 2019

The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.

How new norms will regulate direct selling

How new norms will regulate direct selling

Rediff.com19 Sep 2016

Compliance costs and legal scrutiny could rise.

NSEL and MCX set to reconstitute boards

NSEL and MCX set to reconstitute boards

Rediff.com27 Aug 2013

Slew of resignations at NSEL over past month in the wake of scrutiny; MCX gaps caused by new-age norms for commexes.

Prices of tomatoes, onions and potatoes to remain benign

Prices of tomatoes, onions and potatoes to remain benign

Rediff.com24 Aug 2021

Several experts are of the view that inflationary pressure, including that in food items, may build from October with economic activity gathering steam. However, the price movement in three key items of tomato, onions and potatoes, commonly known as TOP, may give some solace in the months to come. Traders and market watchers said the price movement in all the three will remain within the band sans any unusual spikes.

Govt in firefighting mode to bring down onion prices

Govt in firefighting mode to bring down onion prices

Rediff.com24 Oct 2013

Govt floated import tender, allowed import without fumigation.

Meet the man who ensured food supply during lockdown

Meet the man who ensured food supply during lockdown

Rediff.com26 May 2020

'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'

NSEL fiasco: Exchange-broker-client nexus under lens

NSEL fiasco: Exchange-broker-client nexus under lens

Rediff.com27 Sep 2013

Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.

Brokers on the warpath against FT group, NSEL

Brokers on the warpath against FT group, NSEL

Rediff.com14 Aug 2013

Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Rediff.com3 Sep 2017

In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.

In their modified role, junior ministers no longer pushovers

In their modified role, junior ministers no longer pushovers

Rediff.com9 Jul 2016

The men and women in Modi's revamped council of ministers have been carefully selected and a delicate balance between administrative experience and balance of power has been maintained.

Gold imports surge in November, but 70% lie unused

Gold imports surge in November, but 70% lie unused

Rediff.com10 Dec 2016

Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

Ringing Bells under lens for alleged FEMA violation

Ringing Bells under lens for alleged FEMA violation

Rediff.com16 Mar 2016

The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.

So what's keeping Modi's junior ministers busy?

So what's keeping Modi's junior ministers busy?

Rediff.com11 Feb 2015

Empowered in the Modi government, junior ministers have enough on their plate.

Centre cracks down on food prices

Centre cracks down on food prices

Rediff.com22 May 2016

Recommends delisting of chana futures, open to lowering sugar import duty

Black money: 300 accounts in HSBC list have no cash!

Black money: 300 accounts in HSBC list have no cash!

Rediff.com6 Nov 2014

The SIT found and reported that there was no amount shown in almost 289 HSBC Geneva entries, while 122 of them were repeated twice in the same list.

Modi sarkar's Operation Clean Sweep

Modi sarkar's Operation Clean Sweep

Rediff.com1 Oct 2014

Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.

Global economy could shrink by almost 1% in 2020: UN

Global economy could shrink by almost 1% in 2020: UN

Rediff.com2 Apr 2020

With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt. The contraction could be even higher if governments fail to provide income support and help boost consumer spending.

NSEL crisis: SIT to probe criminal offence

NSEL crisis: SIT to probe criminal offence

Rediff.com3 Sep 2013

Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.

UP govt recommends CBI probe in IAS officer's death

UP govt recommends CBI probe in IAS officer's death

Rediff.com22 May 2017

Tiwari's family had alleged that he was murdered at the behest of corrupt officers as he was about to expose a "scam" in the department of food, civil supplies and consumer affairs in Bengaluru where he was posted as commissioner.

Electronics industry faces BIS certification challenge

Electronics industry faces BIS certification challenge

Rediff.com18 Jun 2013

Bureau has registered just one product so far despite 1,500 applications.

Tension in Kashmir as separatists, 150 Jamaat leaders are detained

Tension in Kashmir as separatists, 150 Jamaat leaders are detained

Rediff.com23 Feb 2019

The detentions come ahead of a crucial hearing on Article 35-A in Supreme Court which is likely to take place on Monday. The article, incorporated into the Indian Constitution in 1954, grants special rights and privileges to the citizens of Jammu and Kashmir.

Kashmir receives fresh rainfall; Army beings rescue operations

Kashmir receives fresh rainfall; Army beings rescue operations

Rediff.com1 Apr 2015

With the flood threat continuing to loom large over the valley, the Army has started the evacuation process in Srinagar as the city experienced fresh rainfall on Tuesday.

Cash withdrawal limits likely to continue

Cash withdrawal limits likely to continue

Rediff.com15 Dec 2016

Cash withdrawal limits likely to continue

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

Sitharaman takes stock of coronavirus impact on economy

Sitharaman takes stock of coronavirus impact on economy

Rediff.com21 Mar 2020

While the meetings on Friday were preliminary discussions, it is learnt that sectors like tourism; hospitality; aviation; micro, small and medium enterprises (MSMEs); and livestock have sought deferring loan repayments and temporary tax holidays in specific cases to help them tide over the steep fall in economic activity.

Fadnavis allocates portfolios; BJP retains key depts

Fadnavis allocates portfolios; BJP retains key depts

Rediff.com6 Dec 2014

Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.

K V Thomas: Politically engineering food for all

K V Thomas: Politically engineering food for all

Rediff.com30 Aug 2013

When KV Thomas took over as minister of state for food and consumer affairs (independent charge) on January 19, 2011, he was tasked with taking forward one single, important objective: expedite the implementation of the National Food Security Bill.

Why replacing branded drugs with generics won't be easy

Why replacing branded drugs with generics won't be easy

Rediff.com25 May 2017

Mandatory prescription of generic names is not a complete solution. Rather, in the absence of a range of approaches, it could mean passing the choice of selecting a drug from a doctor to a pharmacist, says Chandrakant Lahariya.