News for 'financial issues'

Bihar govt restricts 35% women jobs quota to permanent residents

Bihar govt restricts 35% women jobs quota to permanent residents

Rediff.com8 Jul 2025

The Bihar cabinet has decided to restrict the 35 per cent quota for women in government jobs to only permanent residents of the state, ahead of upcoming elections.

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

Rediff.com12 Jul 2025

The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo's parent company Oravel Stays Private Limited for the assessment year 2020-21. The tax demand was issued under Section 56(2) (viib) of the Income Tax Act, commonly known as the "angel tax" provision, which applies when unlisted companies issue shares at a value exceeding their "fair" market price.

Will India-UK FTA Be Boon For British Cars?

Will India-UK FTA Be Boon For British Cars?

Rediff.com28 Jul 2025

For UK automakers, market access to India will be limited by quantity caps and phased tariff cuts, especially on petrol, diesel and electric vehicles.

Can India do without Russian oil?

Can India do without Russian oil?

Rediff.com10 Aug 2025

'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Rediff.com7 Jul 2025

Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.

Shocking: HC slams copy-paste confessions in Mumbai train blasts case

Shocking: HC slams copy-paste confessions in Mumbai train blasts case

Rediff.com22 Jul 2025

The Bombay High Court has repeatedly flagged the 'copy-paste' culture in confessional and witness statements in chargesheets, calling it a 'dangerous' trend. This issue was highlighted again after the acquittal of the 2006 Mumbai train blasts accused, with the court noting similarities in their confessional statements.

177 security personnel die by suicide since 2019 in Chhattisgarh: Govt

177 security personnel die by suicide since 2019 in Chhattisgarh: Govt

Rediff.com17 Jul 2025

The Chhattisgarh assembly was informed that 177 security and police personnel, including those from paramilitary forces, have committed suicide in the state in the last six-and-a-half years. Family, personal issues, and health problems are cited as reasons.

Should You Take Possesion Of House Without An OC?

Should You Take Possesion Of House Without An OC?

Rediff.com14 May 2025

Taking possession without an OC can lead to legal complications, denial of utilities such as water and electricity, hurdles in availing home loans or reselling the property, and even eviction.

Bhagwant Mann In Tight Spot Over Urban Push

Bhagwant Mann In Tight Spot Over Urban Push

Rediff.com13 Aug 2025

The land pooling policy aims to kick-start a new wave of urbanisation in the predominantly rural state.

Retail Algo: Trust Data, Not Hype

Retail Algo: Trust Data, Not Hype

Rediff.com6 Aug 2025

'Begin with a small investment, observe performance, then scale up gradually.'

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

'National Sports Bill will usher in new era for sports in India'

'National Sports Bill will usher in new era for sports in India'

Rediff.com19 Jul 2025

Parliamentary Affairs Minister Kiren Rijiju feels that the National Sports Governance Bill, which is set to be tabled in the monsoon session beginning on Monday, will usher in a 'new era' for sports in India.

The Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.

6 Smart Ways To Manage Money During Tough Times

6 Smart Ways To Manage Money During Tough Times

Rediff.com23 Jun 2025

Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan

Trump issues order to dismantle Voice of America

Trump issues order to dismantle Voice of America

Rediff.com17 Mar 2025

United States President Donald Trump has ordered the dismantling of the government-funded news agency Voice of America (VOA), accusing it of promoting biased media reports, as reported by Fox News.

ITR Filing: Your Essential Document Checklist

ITR Filing: Your Essential Document Checklist

Rediff.com22 Jul 2025

Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing.

Challenges Before The New Data Law

Challenges Before The New Data Law

Rediff.com28 Jul 2025

DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com19 Aug 2025

Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.

71% Of Train Mishaps Linked To Derailment

71% Of Train Mishaps Linked To Derailment

Rediff.com7 Jul 2025

Between 2015 and 2023, around 543 train accidents occurred, resulting in 805 deaths.

India to focus on global financial issues at IMF meet

India to focus on global financial issues at IMF meet

Rediff.com18 Apr 2012

At the IMF, India is expected to link announcement of additional resources to the IMF to the implementation of 2012 quota reform.

Byju's Founders to Sue Investors

Byju's Founders to Sue Investors

Rediff.com18 Jul 2025

'Byju's founders reserve all rights to bring actions against those parties that have caused damage to them personally and to their businesses.'

UNSC report on Pahalgam cites TRF claim, Lashkar link

UNSC report on Pahalgam cites TRF claim, Lashkar link

Rediff.com30 Jul 2025

A UN Security Council report states that The Resistance Front (TRF) claimed responsibility for the Pahalgam terror attack and published a photograph of the attack site. The report also cites assertions that the attack could not have happened without the support of Pakistan-based Lashkar-e-Tayyiba (LeT).

Trump Effect: Study Loan Surge to Ease in FY26

Trump Effect: Study Loan Surge to Ease in FY26

Rediff.com11 Jul 2025

Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.

China, Pak listening, Jaishankar reminds SCO of its '3 evils' pitch

China, Pak listening, Jaishankar reminds SCO of its '3 evils' pitch

Rediff.com15 Jul 2025

Jaishankar said the UN Security Council condemned the attack and underlined the need to hold perpetrators, organisers, financiers and sponsors of the reprehensible act and bring them to justice.

This couldn't occur without money support: FATF on Pahalgam attack

This couldn't occur without money support: FATF on Pahalgam attack

Rediff.com17 Jun 2025

The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.

Sebi revises REITs, InvITs disclosure norms for offer documents

Sebi revises REITs, InvITs disclosure norms for offer documents

Rediff.com7 May 2025

Sebi on Wednesday revised the disclosure requirements for Real Estate Investment Trusts and Infrastructure Investment Trusts, revising norms related to financial information in offer documents and post-listing disclosures. Under the new rules, REITs and InvITs issuing offer documents or follow-on offers must disclose audited financial statements for the last three financial years and a stub period, if applicable, Sebi said in two separate circulars.

Maha govt declares Ganeshotsav as state festival, to 'bear expenses'

Maha govt declares Ganeshotsav as state festival, to 'bear expenses'

Rediff.com11 Jul 2025

The Maharashtra government has officially declared the Sarvajanik Ganeshotsav as the 'State Festival of Maharashtra', emphasizing its commitment to preserving and promoting the festival's cultural legacy. The government has also addressed issues related to POP idols and pledged financial support for celebrations.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

Mutual Funds Emerge As Financiers For M&A Deals

Mutual Funds Emerge As Financiers For M&A Deals

Rediff.com6 Feb 2025

'Growth for some companies has been hard to come by and this is a smart way to get there.'

11th Fail To IIT: Pani Puri Seller's Inspiring Story

11th Fail To IIT: Pani Puri Seller's Inspiring Story

Rediff.com7 Jul 2025

Harsh Gupta's first JEE attempt was plagued by ill-health. But he did not give up.

India mulls to buy more S-400 missile systems from Russia after Op Sindoor

India mulls to buy more S-400 missile systems from Russia after Op Sindoor

Rediff.com27 Jun 2025

The Indian side would prefer to get S-500 air defence system which has more range than the S-400 but it would require a clearance from the top Russian leadership for its sale, they said.

Top 10 Courses For Commerce Students After Class 12

Top 10 Courses For Commerce Students After Class 12

Rediff.com2 Jun 2025

In today's dynamic economic landscape, commerce and management education is crucial for a global career, says Nayagam PP.

Ex Aus pacer urges overseas players to skip remainder of IPL

Ex Aus pacer urges overseas players to skip remainder of IPL

Rediff.com16 May 2025

'If I had to make a call whether to head back to India and finish the tournament, it would be an easy decision. It's a no from me. Lives and safety are the most important thing, not pay cheques.'

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Rediff.com25 Jun 2025

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year.

US tariff tide may lift India's exports, reckons NITI Aayog

US tariff tide may lift India's exports, reckons NITI Aayog

Rediff.com15 Jul 2025

India has a comparative edge over key competitors in a majority of products it exports to the US and stands to gain market share as the US raises tariffs on its major trade partners, NITI Aayog said on Monday. In its quarterly trade report, it recommended that the government fast-track the India-US free trade agreement with time-bound goals to resolve non-tariff barriers and finalise digital trade rules on data flows and e-signatures to support services exports.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

SC refuses to entertain HDFC Bank CEO's plea challenging FIR by Lilavati Trust

SC refuses to entertain HDFC Bank CEO's plea challenging FIR by Lilavati Trust

Rediff.com4 Jul 2025

The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay high court.

Not pressing panic button on rare-earth supplies: Tata Motors

Not pressing panic button on rare-earth supplies: Tata Motors

Rediff.com3 Jul 2025

'The reported deal between the European Union and China should mitigate it (shortage) for the medium to long term. Let's wait and watch how this plays out.'

The Indian Techie Who Broke The Internet

The Indian Techie Who Broke The Internet

Rediff.com4 Jul 2025

Indian engineer Soham Parekh, who was caught juggling multiple full-time Silicon Valley jobs, sparked both a viral meme storm and a fierce debate on remote work, ethics and startup hiring processes.