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Congress leader moves SC for probing Hindenburg's Adani group claims

Congress leader moves SC for probing Hindenburg's Adani group claims

Rediff.com14 Feb 2023

A plea has been filed in the Supreme Court seeking investigation under the supervision of a sitting apex court judge against the Adani group of companies in light of the allegations made by the US-based Hindenburg Research.

Bangladesh visit: PM uses new VVIP aircraft for 1st time

Bangladesh visit: PM uses new VVIP aircraft for 1st time

Rediff.com26 Mar 2021

Prime Minister Narendra Modi on Friday went from Delhi to Dhaka on a new custom-made VVIP aircraft, using it for the first time on a foreign journey.

India probes eye drop linked to vision loss in US

India probes eye drop linked to vision loss in US

Rediff.com4 Feb 2023

A three-member team each from the Central Drugs Standard Control Organisation (CDSCO) and the State Drug Controller visited the plant in Tamil Nadu's Kancheepuram, 40 km from Chennai, on Friday after the company recalled the eye drop.

Gold glitters but Muthoot, Manappuram may stay pale

Gold glitters but Muthoot, Manappuram may stay pale

Rediff.com3 Mar 2023

Despite gold prices hitting record highs, analysts aren't gung-ho about the outlook for gold financiers Muthoot Finance and Manappuram Finance. This, they said, was due to intense competition from banks, coupled with stagnating loan books and likely pressure on margins.

Protest with woman's body against scam-hit Kerala co-op bank kicks up row

Protest with woman's body against scam-hit Kerala co-op bank kicks up row

Rediff.com29 Jul 2022

He also said a total of Rs 38.75 crore, deposited by people in the Karavannur Cooperative bank in this district, which is now facing charges, had already been returned.

Himachal Pradesh: Stalemate between Adani Group, truckers ends after 67 days

Himachal Pradesh: Stalemate between Adani Group, truckers ends after 67 days

Rediff.com20 Feb 2023

The cement plants at Barmana (Bilaspur district) and Darlaghat (Solan district) had closed operations on December 14 due to the dispute between the company and truckers engaged in the carriage of cement and clinkers. According to a government statement, Chief Minister Sukhvinder Singh Sukhu said, "We have arrived at consensus, thereby protecting the interests of both the truck-operator unions and the management, besides welfare of all others who were being directly or indirectly hit by the stalemate."

How Social Media Turned Porn Biz Upside Down

How Social Media Turned Porn Biz Upside Down

Rediff.com27 Aug 2022

Social media allowed them to connect even more directly with potential clients, and gave them multiple new marketing and outreach channels, explains Devangshu Datta.

Why Start-Ups Are Melting Down

Why Start-Ups Are Melting Down

Rediff.com13 Apr 2023

PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.

Collectors' items: Some of these exotic pets cost Rs 150,000!

Collectors' items: Some of these exotic pets cost Rs 150,000!

Rediff.com3 Jul 2022

White-lipped tamarin is a type of monkey that lives in the Amazon area of Brazil and Bolivia. Prevost's squirrel is a colourful species from the forests in the Thai-Malay Peninsula and nearby islands. Sugar gliders are tiny marsupials - 6.3 to 8.3 inches in length - native to Australia.

Why Modi chooses protectionism over pragmatism

Why Modi chooses protectionism over pragmatism

Rediff.com7 Oct 2020

'There can be no dispute over the adverse impact such a policy will surely have on India's manufacturing competitiveness,' notes A K Bhattacharya.

Call to treat widows with dignity grows after Maharashtra village shows way

Call to treat widows with dignity grows after Maharashtra village shows way

Rediff.com20 May 2022

Days after Herwad village in Maharashtra's Kolhapur district passed a resolution to ban the customs associated with widowhood to maintain women's "right to live with dignity", those spearheading the campaign are now following up with the state government, demanding that a law be framed to end the "regressive" traditions.

Are You At Risk Of LOSING Your JOB?

Are You At Risk Of LOSING Your JOB?

Rediff.com11 Jul 2022

Remember, the security of your job primarily depends on two major factors -- how relevant you are for the organisation and how the organisation is aligned to its stakeholders (investors, clients and employees)

SC to hear Congress leader's PIL for Adani probe on Friday

SC to hear Congress leader's PIL for Adani probe on Friday

Rediff.com15 Feb 2023

The Supreme Court on Wednesday agreed to hear on February 17 a fresh plea of a Congress leader seeking investigation under the supervision of a sitting apex court judge against the Adani group of companies in light of the allegations made by the US-based Hindenburg Research.

Explained: What tokenisation means and how it will affect card users

Explained: What tokenisation means and how it will affect card users

Rediff.com17 Sep 2021

The Reserve Bank of India (RBI) recently said no entity in the card transaction or payment chain, apart from the card issuers and card networks, will be allowed to store sensitive user data from January 1, 2022. Instead, in transactions card data will be converted to tokens.

'Restaurant should be sanitised well'

'Restaurant should be sanitised well'

Rediff.com12 Oct 2020

'A hand sanitiser needs to be placed on every table.'

Jan Dhan accounts more vulnerable to frauds: RBI

Jan Dhan accounts more vulnerable to frauds: RBI

Rediff.com23 May 2016

Third parties can be used to launder the proceeds of fraud schemes by criminals who gain illegal access to deposit accounts by recruiting them as 'money mules'

Budget 2022: Insurers want investment limit of 80C hiked

Budget 2022: Insurers want investment limit of 80C hiked

Rediff.com26 Jan 2022

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.

PIX: Sex industry resumes in the new normal

PIX: Sex industry resumes in the new normal

Rediff.com10 Aug 2020

Sex workers around the world are the hardest hit in these times of social distancing.

Tata Motors launches Tigor EV @ Rs 11.99 lakh

Tata Motors launches Tigor EV @ Rs 11.99 lakh

Rediff.com31 Aug 2021

Tata Motors on Tuesday launched its second electric vehicle -- Tigor EV, catering to the personal segment in the domestic market, priced between Rs 11.99 lakh and Rs 13.14 lakh (ex-showroom). The model comes in three variants, priced at Rs 11.99 lakh, Rs 12.49 lakh and Rs 12.99 lakh. A dual tone top-end trim is tagged at Rs 13.14 lakh. The auto major has already achieved success with its first electric model, Nexon EV and now commences deliveries of Tigor EV from around 150 sales outlets in 70 cities across the country.

Faster roll out of 5G to have greater impact: Airtel

Faster roll out of 5G to have greater impact: Airtel

Rediff.com21 Apr 2022

Telecom service operator Airtel on Thursday urged the government not to charge high fees for allotting 5G spectrum, saying a faster roll out of the next-generation telecommunication network can have more benefits than collecting revenue in upfront cost. Sunil Bharti Mittal, chairman of Bharti Enterprises which runs the country's second largest telco, said that there are a variety of applications across sectors ranging from healthcare to video interactions, which will make 5G a technology to be introduced as soon as possible. "5G is important and that's why we keep on requesting the government to make the 5G as an enabler for hundreds of things that we develop in the country, to keep the spectrum at affordable pricing, to not load the industry too much," Mittal said at the Times Network India Economic Conclave.

'Amit Shah was told India has lost 26 of 65 patrolling points in Ladakh'

'Amit Shah was told India has lost 26 of 65 patrolling points in Ladakh'

Rediff.com13 Feb 2023

'Our villagers used to go up to Finger 4 and Finger 6, but today the Chinese are there.' 'Since April 2020, Chinese troops have blocked Indian troops from reaching at least ten patrolling points running from the Depsang plains in the north to Pangong Tso lake in the south.'

'After many rocking years, we needed a rocky year'

'After many rocking years, we needed a rocky year'

Rediff.com3 Jan 2023

'Criticism is one thing, and cynicism is quite another.' 'However, we are undaunted by this negativity because we know the truth.'

RBI diktat to banks on opening current accounts

RBI diktat to banks on opening current accounts

Rediff.com6 Aug 2020

The move will avoid hoodwinking the system and reduce the blind spots, which will ultimately lead to protection of depositors' money.

Uber to hire 500 engineers for its India tech centres

Uber to hire 500 engineers for its India tech centres

Rediff.com13 May 2022

Uber Technologies said it is doing a fresh round of recruitment for its India tech centres and is planning to hire 500 more tech employees by December. The app-based mobility and delivery company has a 1,000-member tech team across its centres in Hyderabad and Bengaluru. The firm said the hiring plan is a testament to Uber's commitment to India, and its recognition of the engineering talent in the country. Uber hired 250 engineers to its India teams in 2021.

RBI not comfortable with cryptocurrenciy like Bitcoin

RBI not comfortable with cryptocurrenciy like Bitcoin

Rediff.com13 Sep 2017

The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies, flagging a slew of concerns.

'India among top countries in illegal wildlife trade'

'India among top countries in illegal wildlife trade'

Rediff.com14 Jun 2022

'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'

Some people recced shop: Udaipur tailor to cops days before murder

Some people recced shop: Udaipur tailor to cops days before murder

Rediff.com29 Jun 2022

Kanhaiya Lal also mentioned that the controversial post was shared on Facebook inadvertently by his son who was playing a game on his mobile phone and that he was not aware of this.

Restrictions on PMC Bank extended for 3 months till March 2022

Restrictions on PMC Bank extended for 3 months till March 2022

Rediff.com28 Dec 2021

The restrictions on Punjab and Maharashtra Cooperative (PMC) Bank has been extended for another three months till the end of March next year. Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process. The central bank had prepared a draft scheme of amalgamation and the same was placed in the public domain on November 22 as part of seeking suggestions and objections, if any, from members, depositors and other creditors of PMC Bank and USFB.

Barber shops, beauty parlours to reopen in Maha from June 28

Barber shops, beauty parlours to reopen in Maha from June 28

Rediff.com26 Jun 2020

A revised set of guidelines, issued in the night as part of the government's 'Mission Begin Again' phase four, said only select services like hair cut and dyeing, waxing and threading will be allowed as of now in these outlets.

The Gloves Are Off In Tamil Nadu

The Gloves Are Off In Tamil Nadu

Rediff.com10 Jul 2023

Stalin is preparing the DMK to go the whole hog in making 'federalism', 'Tamil self-respect' and 'communal cohesiveness' the party's poll plank next year, and package the BJP and its possible allies, as 'divisive' and 'reactionary', predicts N Sathiya Moorthy.

Naik seeks protection, duty-free LNG

Naik seeks protection, duty-free LNG

Rediff.com30 Jan 2003

Petroleum Minister Ram Naik sought, on Thursday, excise duty cut on petroleum products to check adverse impact of excessive volatality in international crude oil prices on domestic prices

Banks process nearly 2 mn e-mandates for auto-payment

Banks process nearly 2 mn e-mandates for auto-payment

Rediff.com27 Oct 2021

Nearly two million e-mandates for recurring payments have been registered with banks and card networks after the Reserve Bank of India (RBI) made it mandatory from October 1 to take prior consent of a customer before debiting her account, sources in know of the matter said. Industry estimates peg the recurring transactions at approximately 2.5 per cent of the total volume of transactions, and about 1.5 per cent in terms of value. Of these, around 75 per cent of domestic recurring transactions, and about 85 per cent international recurring payments are below Rs 5,000.

Domino's, Honda join other MNCs, apologise over Kashmir posts

Domino's, Honda join other MNCs, apologise over Kashmir posts

Rediff.com9 Feb 2022

These companies join the likes of other global firms Hyundai, Suzuki, Toyota, KFC, and Pizza Hut which have also apologised for social media posts by their business associates in Pakistan supporting Kashmir Solidarity Day following backlash in India and call for boycott of their products.

Hotels, restaurants barred from levying service charge

Hotels, restaurants barred from levying service charge

Rediff.com4 Jul 2022

Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.

'Serve food on banana leaves in restaurants'

'Serve food on banana leaves in restaurants'

Rediff.com8 Oct 2020

Readers share tips and suggestions for restaurants.

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.

Saral Suraksha Bima: What You Must Know

Saral Suraksha Bima: What You Must Know

Rediff.com22 Mar 2021

'It is a good match for those aged 25-30, who have just started working and need a basic product.'

Migrant child becomes 2nd to die in US custody in December

Migrant child becomes 2nd to die in US custody in December

Rediff.com26 Dec 2018

The death came when the government is partially shutdown over the dispute of funding for the border wall.

As India begins its G-20 presidency, here's what Modi said

As India begins its G-20 presidency, here's what Modi said

Rediff.com1 Dec 2022

India's G20 priorities will be shaped in consultation with not just our G20 partners, but also our fellow-travellers in the global South, whose voice often goes unheard, he said.

Family of 4 Indians freezes to death along US-Canada border

Family of 4 Indians freezes to death along US-Canada border

Rediff.com22 Jan 2022

The Manitoba Royal Canadian Mounted Police (RCMP) on Thursday said that the bodies of four people -- two adults, a teen and an infant -- were found on the Canadian side of the US-Canada border near Emerson.