The finance ministry on Wednesday allowed all private sector banks to participate in government-related business, like collection of taxes. pension payments and small savings schemes. At the moment, only few large private sector are allowed to conduct government-related business.
There is no plan to direct over the top (OTT) communications players who generate large amounts of traffic to give a 'fair and proportionate' share of their revenues to telecom network operators, the communications ministry has said. A senior official allayed any such apprehension by saying: "We have no proposal of this kind or anything like this which we are working on. "There is no fresh reference on this matter to the regulator (Trai)," he said. The ministry's view is significant as telecom network operators have been escalating this issue since July when Trai issued a consultation paper called 'Regulatory Mechanism Over OTT Communication Services and Selective Banning of OTT Services'.
'A good film is a good film.' 'If you enjoy watching it on Netflix, it should be equally fun to watch it in a theatre.'
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
'Congress leaders who are making strategy for the Congress to win elections have not even won a class monitor elections.' 'When you have not contested school monitor elections, what will you know about the ground reality?'
Microsoft, like many tech firms, is not a model of diversity.
Biden told reporters in Hanoi in the Vietnamese capital that he also raised the importance of respecting human rights with Prime Minister Modi.
Post your financial planning queries for rediffGURU and financial planning expert, Colonel Sanjeev Govila.
Since nothing irritates Lijo Jose Pellissery more than a throwaway critical judgment, Sreehari Nair carefully presents his opinions about Malaikottai Vaaliban, a good two weeks after he first saw the movie.
The Supreme Court on Monday said the ministry of defence cannot take law in its own hands by issuing communication on payment of One Rank-One Pension (OROP) arrears in four instalments.
Following a campaign, Pele in the dictionary, legendary football Pele has now been added as an adjective in the dictionary.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'
Make sure buying a house won't lead to compromises on other crucial financial goals.
Putin said the 'policy' pursued by Modi is the main 'guarantor' of relations between the two countries.
Pepsi will pay USD 3.13 million to resolve a charge of racial discrimination related to criminal background checks for job screenings, which led to disproportionate exclusion of 'black' applicants.
Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.
'Sri Ayodhyaji will emerge as the greatest centre of cultural togetherness, universal harmony, vasudeva kutumbakam, compassion, and love for every single living being on this Earth.'
The shrinking sales of residential apartments have forced real estate developers in Pune to even pay the monthly home loan installments of their customers who have lost jobs due to the economic slowdown.
A growth scheme not only leads to lower tax payments than the dividend option. but also allows any income that is not withdrawn to compound, explains Harsh Roongta.
'Usually, we are always worried that we are missing out something in life.' 'We are very keen for the audience to have this as a cinema experience in theatres.' 'You get the rare chance to be patient.'
The Uttarakhand assembly on Wednesday passed a stricter anti-conversion Bill making unlawful conversion a cognisable and non-bailable offence punishable with imprisonment for a term of at least three to a maximum of 10 years.
Zudio was the standout performer as it tapped into the pentup demand in small-town India, at a pace never seen before, notes Indrajit Gupta, co-founder and director, Founding Fuel.
Seeking to energise his second term, US President Obama on Tuesday said he will issue an executive order to raise the minimum wage for government contract workers to $10.10 an hour, a step which he argued would help reduce poverty in the country.
This is the second death of Russian lawmakers within a week in the same Odisha hotel.
For the world's women cricketers, financial parity with their male counterparts remains a distant dream but India's decision to boost the pay packets of its top female players is further evidence that the winds of change are blowing through the game.
In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!
While one can file an updated return, there are certain caveats, warns rediffGURU Mihir Tanna.
A 5 per cent GST rate kicked in on Monday on pre-packed and labelled food items such as cereals, pulses and flour weighing less than 25 kg.
'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'
They all seem to forget that the Music Academy is as much an independent institution as T M Krishna is an individual musician. In drawing those red lines for the Academy management, they do not even seem to recognise that they too have crossed a red line themselves, points out N Sathiya Moorthy.
'In a secular society where women are treated equally by law, I want the same equal status for my daughters in society, on par with all the boys.'
Congress sitting MLA Saleh Mohammad, is hoping to buck the trend of anti-incumbency in the seat, and believes people will vote for his development work and not along religious lines.
The International Cricket Council joined the world in mourning the death of anti-apartheid icon Nelson Mandela, saying that the former South African President was a "towering symbol of resistance" who would inspire generations to come.
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect from Wednesday.
Chanting "hands up, don't shoot" and "no justice, no peace", the crowd, estimated to be over 60,000, along with 16 members of Floyd's family, some of whom flew down to Houston, marched about a mile from Discovery Green Park to City Hall under the scorching sun.
If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.
Images from India vs Australia 3rd T20 International in Guwahati on Tuesday.