News for 'deficiency in service'

Can Vitamin Loss Lead To Shoulder Pain?

Can Vitamin Loss Lead To Shoulder Pain?

Rediff.com16 Sep 2024

rediffGURU Nidhi Gupta, a physiotherapist and the founder of the Merahki Holistic Wellness Company, answers your health-related queries.

Insurance Broker Fined Rs 1 Crore

Insurance Broker Fined Rs 1 Crore

Rediff.com19 Oct 2024

According to IRDAI, Marsh India had held the premium received from the clients in an Insurance Bank Account for more than 15 days and did not remit the premium to the insurer/reinsurer within the time limit of 15 days.

RBI curbs: JM Financial says nothing wrong with loan sanctioning process

RBI curbs: JM Financial says nothing wrong with loan sanctioning process

Rediff.com6 Mar 2024

JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order imposing restrictions on the company's financing business and asserted that there was "no material deficiencies" in its loan sanctioning process. The Reserve Bank on Tuesday imposed restrictions on JM Financial Products Ltd after it found the company indulged in various manipulations, including repeatedly helping a group of its customers to bid for various IPOs (initial public offerings) by using loaned funds. "After careful and detailed review of the order issued by the RBI on the action against JM Financial Products Ltd, we strongly believe that there have been no material deficiencies in our loan sanctioning process.

Can Drinking Water Fix Your Creatinine Levels?

Can Drinking Water Fix Your Creatinine Levels?

Rediff.com23 Oct 2024

rediffGURU Dr Vinod Kumar, a kidney health specialist at the Aster RV Hospital, Bengaluru, offers advice on how to keep your kidneys healthy and functioning well.

10 Tips For Healthy Knees, Strong Joints

10 Tips For Healthy Knees, Strong Joints

Rediff.com6 Dec 2024

If you are overweight, you will gradually complain of excruciating knee and joint pain while walking, running, squatting, sitting down and taking the stairs, warns Dr Anup Khatri.

Armed forces face shortage of 1.5 lakh personnel, maximum in Army: Govt

Armed forces face shortage of 1.5 lakh personnel, maximum in Army: Govt

Rediff.com27 Mar 2023

Bhatt said there is a shortage of 8,129 officers in the Indian Army that includes Army Medical Corps and Army Dental Corps.

Can Egg, Gluten, Diary Cause Bloating?

Can Egg, Gluten, Diary Cause Bloating?

Rediff.com14 Oct 2024

rediffGURU Shreya Shah answers diet and nutrition related questions.

MiG-29K planes face operation deficiencies: CAG

MiG-29K planes face operation deficiencies: CAG

Rediff.com26 Jul 2016

India's mainstream naval fighter jet plane MiG-29K faces operational deficiencies due to defects in engines, airframe and fly-by-wire system leading to very low availability.

'In No Rush To Say Economy Is Slowing Down'

'In No Rush To Say Economy Is Slowing Down'

Rediff.com7 Nov 2024

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

Why RBI imposed curbs on HDFC Bank for service outages

Why RBI imposed curbs on HDFC Bank for service outages

Rediff.com4 Dec 2020

The need to maintain people's confidence in digital banking resulted in the action against HDFC Bank for service outages, RBI Governor Shaktikanta Das said on Friday and exhorted lenders to invest more on the technology front.

Does Your Heel Hurt While Walking?

Does Your Heel Hurt While Walking?

Rediff.com19 Aug 2024

Heel pain can be due to plantar fasciitis, Achilles tendonitis or heel pad syndrome, says rediffGURU Dr Shakeeb Ahmed Khan.

Paralympics: India's Sachin Khilari earns silver in men's shot put

Paralympics: India's Sachin Khilari earns silver in men's shot put

Rediff.com4 Sep 2024

Sachin Khilari's silver is the 11th medal from athletics at the Paralympics.

HDFC Bank customers once again face service outage

HDFC Bank customers once again face service outage

Rediff.com30 Mar 2021

This is not for the first time that the customers of the bank have faced service outage. In fact, the bank has been penalised by the Reserve bank of India (RBI) for two major outages in the past. In December, the RBI temporarily barred HDFC Bank from launching new digital banking initiatives and issuing new credit cards after taking a serious view of service outages at the lender over the last two years.

Intermittent Fasting: 8 Mistakes To Avoid

Intermittent Fasting: 8 Mistakes To Avoid

Rediff.com8 May 2024

Intermittent fasting, when not carried out under professional guidance, comes with its fair share of woes and health issues, warns Jashan Vij, a health coach and fat loss expert.

Byju Raveendran promises to pay July salary to staff once he gets control of accounts

Byju Raveendran promises to pay July salary to staff once he gets control of accounts

Rediff.com20 Aug 2024

Edtech firm Think and Learn, which owns Byju's brand, has not paid the July salary to employees as the company was unable to access its accounts due to a temporary stay granted by the Supreme Court on the NCLAT's decision, a top official said on Tuesday. On August 2, the National Company Law Appellate Tribunal (NCLAT) approved the Rs 158.9 crore dues settlement with BCCI and set aside insolvency proceedings against Byju's.

RBI bars IIFL Finance from disbursing gold loans

RBI bars IIFL Finance from disbursing gold loans

Rediff.com4 Mar 2024

The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the Reserve Bank of India (RBI) pertain to only the gold loan business.

Banks Bound To Honour Bearer Cheque

Banks Bound To Honour Bearer Cheque

Rediff.com25 Jan 2024

The National Commission held that any individual possessing a bearer instrument is legally entitled to encash it, and the bank is bound to honour such an instrument when it is presented for payment.

WazirX Breach: 'Recovering Stolen Crypto Is Hard'

WazirX Breach: 'Recovering Stolen Crypto Is Hard'

Rediff.com22 Jul 2024

'A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.'

Why Are Bengaluru IT Workers Protesting?

Why Are Bengaluru IT Workers Protesting?

Rediff.com5 Aug 2024

'The overwhelming evidence from various studies and reports indicates that the current work culture in the IT sector, characterised by excessive hours, has severe consequences for health, productivity, and overall quality of life.'

Kargil@25: Lessons Learnt

Kargil@25: Lessons Learnt

Rediff.com26 Jul 2024

India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.

Angry with your bank? Here's how to file a consumer complaint

Angry with your bank? Here's how to file a consumer complaint

Rediff.com11 Apr 2011

Really frustrated by a company's attitude? Read this quick guide to filing a consumer complaint.

How To Control Diabetes In Kids?

How To Control Diabetes In Kids?

Rediff.com7 May 2024

rediffGURU Dr Deepa Suvarna, a pediatrician with over 25 years of experience, offers expert advice on how you can protect your child from common ailments and keep them healthy.

How Crash Diets Affect Your Heart, Body

How Crash Diets Affect Your Heart, Body

Rediff.com30 Jan 2024

Drastically cutting weight can result in nutritional deficiencies, depriving the body of essential nutrients needed for its optimal functioning.

Zomato, McDonald's fined Rs 1 lakh for delivering non-veg in place of veg

Zomato, McDonald's fined Rs 1 lakh for delivering non-veg in place of veg

Rediff.com13 Oct 2023

The company is in the process of filing an appeal against the order, Zomato said in a regulatory filing.

MakeMyTrip asked to compensate customer

MakeMyTrip asked to compensate customer

Rediff.com28 Jul 2011

Holding the tour agency guilty of providing deficient service to its customer Sweta Singh, District Consumer Dispute Redressal Forum president C K Chaturvedi asked it pay her Rs 15,000 as compensation besides refunding another sum of Rs 57,000 to her that she had spent due to botched up management of her trip by the agency.

Consumer is king, sellers beware!

Consumer is king, sellers beware!

Rediff.com17 Sep 2009

Despite its shortcomings, the consumer act is still a handy weapon for consumers to ensure accountability as well as compensation for defective goods and deficient services. It is one of the nicest gifts we, through our government, have given to ourselves as consumers.

Moody's ups India's growth forecast to 6.7% for 2023

Moody's ups India's growth forecast to 6.7% for 2023

Rediff.com1 Sep 2023

Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum. "Strong services expansion and capital expenditures propelled India's 7.8 per cent real GDP growth in the second (April-June) quarter from a year ago. "We have accordingly raised our 2023 calendar year growth forecast for India from 5.5 per cent to 6.7 per cent," Moody's said in its Global Macro Outlook. - el nino

The RBI Way Of Firefighting

The RBI Way Of Firefighting

Rediff.com8 Apr 2024

Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.

Typo Can't Be Basis For Denial Of Claim

Typo Can't Be Basis For Denial Of Claim

Rediff.com2 May 2024

The State Commission concluded the insurer could not take advantage of a typographical error on the bank's part to repudiate a legitimate claim, points out Jehangir B Gai.

What Are Natural Sources For Vitamins D And B12?

What Are Natural Sources For Vitamins D And B12?

Rediff.com8 Jan 2024

rediffGURU and wellness expert Roopashree Sharma tells you how you can use natural methods to improve your health.

eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts

eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts

Rediff.com24 Nov 2023

The Reserve Bank of India's latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its 'eCOM' and 'Insta EMI Card' products may not have serious implications on the non-banking finance company's profitability, provided the ban is lifted within six to eight weeks, analysts said. "In a surprise move, the RBI has asked Bajaj Finance to stop sanction and disbursal under two of its digital lending products. "While the move is negative, the speed of correction will be key to reinstate products," global brokerage Jefferies said in a report.

Read this before going for private locker service

Read this before going for private locker service

Rediff.com2 Sep 2016

Private players offer convenience for slightly higher rental than banks.

Deloitte, too, refuses to offer non-audit services to clients

Deloitte, too, refuses to offer non-audit services to clients

Rediff.com17 Feb 2020

Deloitte India would not provide non-audit services to all listed companies and other entities where public money is involved such as banks and insurance companies, if they are its audit clients.

Current epidemic law can't handle future crisis, needs overhaul, says panel

Current epidemic law can't handle future crisis, needs overhaul, says panel

Rediff.com13 Feb 2024

The panel headed by Justice (retired) Ritu Raj Awasthi has submitted its report to the government, calling for an exhaustive overhaul of the law.

Consumer court raps Alliance Comnet

Consumer court raps Alliance Comnet

Rediff.com21 Jul 2003

A Delhi consumer court has ordered a medical transcription education institute to pay compensation of Rs 10,000, along with refunding course fees of Rs 25,000, to each of the aggrieved 9 students for duping them by promising jobs after the training.

HDFC Bank is working with RBI for restarting banned services

HDFC Bank is working with RBI for restarting banned services

Rediff.com17 Jun 2021

HDFC Bank on Thursday said network outages that led to a regulatory ban on new credit card sales were not due to transaction volumes, and affirmed that it continues to stay in touch with the RBI for restarting the services but giving a timeline for it will be difficult. The bank said it is on its way to creating a new technology architecture for the future as part of the "digital factory" and "enterprise factory" initiative. But, it conceded that outages will continue under the older system though it will be working to minimise the time taken to bring the service back. In December 2020, the RBI took the unprecedented step of stopping the largest private sector lender from selling any new credit cards and also launching new digital services, because of a series of network outages.

India to clock GDP growth of 6.5% in FY'24; to meet fiscal deficit target of 5.9%: CEA

India to clock GDP growth of 6.5% in FY'24; to meet fiscal deficit target of 5.9%: CEA

Rediff.com1 Sep 2023

Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August. India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period. India's economy in Q1 grew at the fastest pace in a year, on the shoulders of a boost in capital expenditure both at central and state levels, along with stronger consumption demand, especially in rural areas, and improved performance in the services sector, he said.

New SC ruling on insurance services

New SC ruling on insurance services

Rediff.com18 Feb 2010

A five-judge Constitution bench headed by Chief Justice K G Balakrishnan, Justices R V Raveendra, D K Jain, P Sathasivam and J M Panchal ruled the insurance company cannot be precluded from recovering the compensation from carrier as long as the complaint was jointly filed or under the power of attorney granted by the assured (consginor).

Why Are Airport Roofs Collapsing?

Why Are Airport Roofs Collapsing?

Rediff.com1 Jul 2024

Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?

5 Myths About Diabetes You Shouldn't Believe

5 Myths About Diabetes You Shouldn't Believe

Rediff.com14 Nov 2023

Prioritising portion control fosters a healthier approach to well-being in the long run, explains Shilpa Joshi.