News for 'ease of doing business'

CBIC Goes Soft On GST Investigations

CBIC Goes Soft On GST Investigations

Rediff.com23 Apr 2024

The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.

Big Upset! USA stun Pakistan in T20 World Cup

Big Upset! USA stun Pakistan in T20 World Cup

Rediff.com7 Jun 2024

USA caused the biggest upset of the T20 World Cup when they shocked former champions Pakistan via the Super Over.

German Model For One Nation One Election

German Model For One Nation One Election

Rediff.com29 Feb 2024

The report is likely to recommend that India adopt the German model of 'constructive no-confidence' which stipulates that the unseating of a government must be immediately followed by the formation of a new one, which will serve out the remainder of the legislative term.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

High on G20 bonhomie, India readies 4th summit with African Union

High on G20 bonhomie, India readies 4th summit with African Union

Rediff.com3 Oct 2023

Keen to capitalise on the growing geopolitical support from African nations after the recently concluded G20 Summit, India is working with the African Union to hold the fourth India-Africa Forum Summit later this year in Kenya's Nairobi, sources said. Prime Minister Narendra Modi is expected to attend the mega meet along with as many as 50 African leaders, they added. First held in New Delhi in 2008, the India-Africa Forum Summit marked India's initial diplomatic efforts to seek a comprehensive partnership with the African bloc of nations as a whole, at a time when China had begun its own outreach.

Some states saw higher inflation than national average, shows data

Some states saw higher inflation than national average, shows data

Rediff.com17 Apr 2024

Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday. Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.

Bihar tops DIPP's real-time ease of doing biz ranking

Bihar tops DIPP's real-time ease of doing biz ranking

Rediff.com10 Jun 2016

Nitish Kumar-led Bihar is followed by Telangana and Jharkhand.

Airlines cancel 12 Mumbai routes due to congestion; airfares rise 193%

Airlines cancel 12 Mumbai routes due to congestion; airfares rise 193%

Rediff.com23 Feb 2024

Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed

10 Job Skills That Will Rule 2024

10 Job Skills That Will Rule 2024

Rediff.com2 Jan 2024

Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

Business optimism in India touches 11-month high on improved demand: Survey

Business optimism in India touches 11-month high on improved demand: Survey

Rediff.com3 Feb 2021

Bolstered by improved domestic demand, India's services sector expanded for the fourth consecutive month in January as business activities quickened and rising business optimism is set to sustain the growth momentum, a monthly survey said on Wednesday. The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output. The index was above the critical 50 mark that separates growth from contraction for the fourth month in a row during January.

PIX: Buttler ton as Royals pull off biggest IPL chase to beat KKR

PIX: Buttler ton as Royals pull off biggest IPL chase to beat KKR

Rediff.com17 Apr 2024

Rajasthan Royals pulled off the highest run chase in the history of IPL to edge Kolkata Knight Riders by two wickets.

How difficult is it to do business in India?

How difficult is it to do business in India?

Rediff.com29 Oct 2013

Amid India slipping to 134th spot in the ease of doing business ranking of 189 nations, Planning Commission member Arun Maira on Tuesday said "merely making comparisons" is not enough to improve business conditions.

India's jewellery business has lost its lustre

India's jewellery business has lost its lustre

Rediff.com14 Nov 2018

There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.

Can Your Bank Avoid Cyber Attacks?

Can Your Bank Avoid Cyber Attacks?

Rediff.com1 Dec 2023

The Union finance ministry will meet CEOs of public sector banks to discuss issues related to cybersecurity in the wake of the Rs 820 crore (Rs 8.2 billion) fraud that hit Kolkata-based UCO Bank last month.

On The Way To The Ram Mandir...

On The Way To The Ram Mandir...

Rediff.com22 Jan 2024

Saisuresh Sivaswamy/Rediff.com captures glimpses of the activity around the Ram temple on his iPhone 14 Pro.

Govt using probe agencies to do hafta-vasooli: Cong

Govt using probe agencies to do hafta-vasooli: Cong

Rediff.com24 Feb 2024

In his letter to Sitharaman, Venugopal said media reports have exposed the alleged "quid-pro-quo between BJP and several firms, which in a strange coincidence donated to it, after the Enforcement Directorate (ED), Income Tax Department (IT) and Central Bureau of Investigation (CBI) and others, raided or searched those enterprises".

Unlock 2.0: States urged to ease shopping hour curbs

Unlock 2.0: States urged to ease shopping hour curbs

Rediff.com21 Jul 2020

The demands from retailers are fourfold: One, allow kiranas, general trade stores, supermarkets, hypermarkets, and wholesalers to operate every day of the week till 9 pm. Two, ensure uniform and regular opening of all categories of retail. Three, hassle-free movement of goods and employees, and four, lift bans on malls in states like Maharashtra.

Drone rules eased: 5 forms, fees lowered, no curbs on foreign firms

Drone rules eased: 5 forms, fees lowered, no curbs on foreign firms

Rediff.com26 Aug 2021

The ministry of civil aviation has eased the rules regarding drone operations in the country by reducing the number of forms that need to be filled to operate them from 25 to 5 and the decreasing the types of fees charged from the operator from 72 to 4.

PIX: Alcaraz flees the bees at Indian Wells

PIX: Alcaraz flees the bees at Indian Wells

Rediff.com15 Mar 2024

Carlos Alcaraz swatted aside a swarm of bees and world number six Alexander Zverev to reach the semi-finals at Indian Wells.

India Inc to government: Focus on GST, ease of doing biz

India Inc to government: Focus on GST, ease of doing biz

Rediff.com24 May 2016

Implementation of GST is expected to increase the gross domestic product of the country.

Japan-Philippines Send Strong Message To China

Japan-Philippines Send Strong Message To China

Rediff.com23 Jul 2024

The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.

Govt okays maritime aircraft among Rs 84,560-cr defence buy

Govt okays maritime aircraft among Rs 84,560-cr defence buy

Rediff.com16 Feb 2024

The proposals cleared by the DAC include new-generation anti-tank mines, air defence tactical control radar, heavy-weight torpedoes, medium-range maritime reconnaissance and multi-mission maritime aircraft, flight refueller aircraft and software-defined radios.

'2024 may be one of the best years for debt markets'

'2024 may be one of the best years for debt markets'

Rediff.com2 Feb 2024

'Investors with higher risk appetite and longer horizon (more than one year) can invest in longer-duration funds like corporate bond funds, long-duration funds and gilt funds for maximum gain.'

As Covid situation eased, auto sales revved up in June

As Covid situation eased, auto sales revved up in June

Rediff.com1 Jul 2021

Major automakers, including Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Kia, Toyota and Honda, on Thursday reported healthy growth in passenger vehicles sales in June, recovering from the disruptions induced by the second wave of COVID-19. The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May. Its domestic dispatches to dealers last month stood at 130,348 units, up from 35,293 units in May, as easing of COVID-related restrictions helped the auto major to dispatch more units to dealerships.

India ranks 130 in ease of doing biz list; jumps 12 spots

India ranks 130 in ease of doing biz list; jumps 12 spots

Rediff.com28 Oct 2015

India ranks 130 in ease of doing biz report; jumps 12 spots

India business is back on growth path, says Unilever

India business is back on growth path, says Unilever

Rediff.com23 Oct 2020

After a strict lockdown impacting sales, India has returned to the growth path again, Anglo-Dutch FMCG major Unilever has said. The return of growth of India business, along with Brazil and continued recovery in China, helped the company's emerging markets clock a growth of 5.3 per cent in the September 2020 quarter.

World's best countries to do business, India slips to 134

World's best countries to do business, India slips to 134

Rediff.com30 Oct 2013

India has slipped three positions to 134th spot in the latest ease-of-doing business list, which is topped by Singapore, according to World Bank.

In layoff season, social networks are stepping up to help ease the anxiety

In layoff season, social networks are stepping up to help ease the anxiety

Rediff.com27 Jan 2023

Manisha Sharma (name changed) was always among the high achievers in her company. She was recognised and rewarded for those efforts as well. Mid-December 2022, however, she received a jolt: an email informing her that she had been laid off - along with several of her colleagues. Sharma worked for a big tech firm, which had decided to downsize. And just like that, she was asked to go. "It did come as a shock," she says. "I did not take calls for the first two days, but then realised there is no point in beating oneself up for a situation that's not in your hand. "I thought let this be an opportunity to take a break. I'll now start looking for a job," she adds.

'Disinflationary stance allows for rate cuts'

'Disinflationary stance allows for rate cuts'

Rediff.com8 Feb 2024

'Investment creates capacity and reduces inflation. Income, employment, and savings rise.'

Want To Know About Tech Of The Future?

Want To Know About Tech Of The Future?

Rediff.com11 Dec 2023

Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

Rediff.com10 Jun 2022

The reopening of schools and colleges has sparked a crisis in the edtech sector with falling valuations, slowing funding rounds and faltering investor sentiment. In a totally altered, post-pandemic landscape where students are back at school and colleges, companies are scrambling to revert to bricks-and-mortar tuition centres and adopting a hybrid model of offline and online education. Demand for online tuition has fallen, affecting the revenue of edtech companies in recent months. After two years of booming revenues, some experts say the sector is looking at a possible meltdown.

Govt's plan to let ED share info with GSTN irks opposition ruled states

Govt's plan to let ED share info with GSTN irks opposition ruled states

Rediff.com11 Jul 2023

Several opposition ruled states expressed concern over Centre's decision to allow enforcement directorate (ED) to share information with GST Network, with finance minister of AAP-ruled Punjab Harpal Singh Cheema on Tuesday saying it amounts to 'tax terrorism' and scaring small business. The finance ministry, through a notification, brought in an amendment to the provisions of Prevention of Money Laundering Act (PMLA), 2002, as per which GSTN, which handles the technology backbone of Goods and Services Tax, has been included in the list of entities with which ED will share information. At the 50th GST Council meeting on Tuesday, Aam-Aadmi Party ruled Delhi and Punjab voiced concerns over the notification and demanded a discussion.

LIC's market share drops to 59% till September from 68.7% in a year

LIC's market share drops to 59% till September from 68.7% in a year

Rediff.com10 Oct 2023

The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in September 2022 -- a drop of 975 basis points -- owing to shortcomings in the product and distribution side of business. However, the market share saw a marginal uptick from the 57.37 per cent recorded in August this year. According to the monthly business data released for September 2023 by the Life Insurance Council, the NBP of LIC up to September 2023 stood at Rs 92,462.62 crore as compared to about Rs 1.25 trillion in the same period a year ago.

Reliance Industries Q2 net falls 15% on weak oil business

Reliance Industries Q2 net falls 15% on weak oil business

Rediff.com30 Oct 2020

A plunge in fuel demand after the raging pandemic forced people to stay home and stifled the economy dealt a body blow to the firm's traditional cash cow oil refining and petrochemicals, even as consumer-facing businesses, which account for 35 per cent of the oil-to-telecom-to-retail conglomerate's revenues, continued to do well.

Regulatory framework for large unlisted firms by MCA in the works

Regulatory framework for large unlisted firms by MCA in the works

Rediff.com4 Oct 2023

The ministry is of the opinion that there is a need for a rigorous regime for large unlisted companies, in contrast with the current "light-touch" regulation. "There is a defined regime for listed companies, by the Securities and Exchange Board of India (Sebi). "There is a view in the ministry that it needs to look at a framework for large unlisted companies," the senior official said.

Credit-deposit ratio inched up in Q3

Credit-deposit ratio inched up in Q3

Rediff.com29 Feb 2024

Credit-to-deposit (CD) ratio of major public sector and private sector banks during the October-December quarter of FY24 inched up as compared to the previous quarter though government-owned lenders reported a lower rate than their private peers. CD ratio is the ratio of the funds that banks lend as compared to the funds raised in the form of deposits. The CD ratio of top public sector banks (PSBs) - State Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank - was lower than their private counterparts.

IITs mull new placement model to ease student stress

IITs mull new placement model to ease student stress

Rediff.com28 Nov 2019

Experts believe modifying the placement model is a good decision given the changes that campus recruitment has undergone globally, says Vinay Umarji.

'This is unbelievable phase for Indian sports'

'This is unbelievable phase for Indian sports'

Rediff.com29 Aug 2023

Athletes lauded for their performances on National Sports Day