News for 'foreign account'

Reformist candidate Masoud Pezeshkian wins Iran's presidential elections

Reformist candidate Masoud Pezeshkian wins Iran's presidential elections

Rediff.com6 Jul 2024

Pezeshkian gained the attention of people for his stance against the crackdown on the 2009 pro-democracy protests and the violence perpetrated by the notorious morality police in 2022 after Mahsa Amini's death.

FinMin declines to share Swiss bank accounts details

FinMin declines to share Swiss bank accounts details

Rediff.com23 Dec 2019

India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on Automatic Exchange of Information.

India, Russia set $100 bn annual trade target by 2030

India, Russia set $100 bn annual trade target by 2030

Rediff.com9 Jul 2024

India and Russia on Tuesday set a target of $100 billion in annual trade volume by 2030 and vowed to develop a robust bilateral payment settlement mechanism using national currencies. The two sides also inked a total of nine agreements to further broadbase cooperation in a range of areas including in the economic domain following summit talks between Prime Minister Narendra Modi and Russian President Vladimir Putin.

RBI extends deadline for shifting of current accounts till Oct 31

RBI extends deadline for shifting of current accounts till Oct 31

Rediff.com5 Aug 2021

The Reserve Bank of India (RBI) on Wednesday gave banks time till October 31 to comply with its guidelines on current account and overdraft facilities. The central bank indicated that it was in no mood to change the proposed rules, but would only allow for stretching the timeline for smoother implementation. The initial deadline had ended on July 31, leading to thousands of current accounts being closed or frozen by banks. Lenders had requested the RBI for some more time to resolve the operational issues in implementing the provisions of the August 2020 circular in letter and spirit.

Sensex ends 454 pts up on buying in IT stocks

Sensex ends 454 pts up on buying in IT stocks

Rediff.com6 Feb 2024

Among the Sensex firms, HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the major gainers.

Ayodhya's Ram temple gets FCRA nod, can receive forex donations

Ayodhya's Ram temple gets FCRA nod, can receive forex donations

Rediff.com18 Oct 2023

The Union home ministry has granted approval to the Shri Ram Janmbhoomi Teerth Kshetra to receive contributions from foreign sources for the construction of Ram temple in Ayodhya, its general secretary Champat Rai said on Wednesday.

Likely surge in prices due to Red Sea attacks: FinMin

Likely surge in prices due to Red Sea attacks: FinMin

Rediff.com30 Jan 2024

Prices may go up because of higher energy costs, caused by the rise in shipping charges, with commercial vessels taking a longer route to avoid the troubled Red Sea region, the finance ministry said on Monday. Iran-backed Houthi rebels of Yemen are repeatedly attacking ships in the Red Sea. While the global economy is grappling with challenges such as sticky inflation, sluggish growth, and mounting fiscal pressure, India's external sector could face "potential risks" due to the ongoing geopolitical tensions, according to the finance ministry's report on the review of the Indian economy.

HC orders takedown of post on centipede in Amul ice cream

HC orders takedown of post on centipede in Amul ice cream

Rediff.com5 Jul 2024

The Delhi high court has directed a Noida resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

Changing complexion: Adani stocks now have prominent investor base

Changing complexion: Adani stocks now have prominent investor base

Rediff.com24 Apr 2024

Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.

'They Wanted To Stop Us From Protesting Against Adani'

'They Wanted To Stop Us From Protesting Against Adani'

Rediff.com3 May 2024

'All those who participated in the agitation were branded as anti-nationals.'

CAA applicants need these documents to prove nationality, arrival date

CAA applicants need these documents to prove nationality, arrival date

Rediff.com12 Mar 2024

Applicants for Indian citizenship under the Citizenship (Amendment) Act 2019 (CAA) can submit any of nine documents, including valid or expired passport, ID cards and land tenancy records, to prove he or she is a national of Afghanistan or Bangladesh or Pakistan.

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rediff.com12 Jul 2024

Equity supply may hit Rs 6 trillion soon.

EC had red flagged electoral bonds in 2019

EC had red flagged electoral bonds in 2019

Rediff.com15 Feb 2024

The Election Commission (EC) had, in 2019, flagged its concerns in the Supreme Court on the changes made in several laws relating to political funding to facilitate the electoral bonds scheme, saying it will have 'serious repercussions' on transparency.

Above-normal monsoon likely to ease food prices: FinMin

Above-normal monsoon likely to ease food prices: FinMin

Rediff.com26 Apr 2024

With the prediction of an above normal monsoon in 2024, the government is expecting food prices to come down, the finance ministry's monthly economic report for March has said. The report, released on Thursday, said robust foreign inflows and comfortable trade deficits were expected to keep the rupee within a comfortable range. "Further easing of food prices is on the anvil as IMD (India Meteorological Department) has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good spatial and temporal distribution of the rainfall," the monthly report, released by the Department of Economic Affairs, said.

Review Your Mutual Fund Portfolios!

Review Your Mutual Fund Portfolios!

Rediff.com19 Aug 2024

'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'

Penny Stocks That Could Have Made You A Millionaire

Penny Stocks That Could Have Made You A Millionaire

Rediff.com27 Aug 2024

Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.

TDS On Dividend: 'Will This Create Tax Problem?'

TDS On Dividend: 'Will This Create Tax Problem?'

Rediff.com9 Jul 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Can Bangladesh Become A Secular Nation?

Can Bangladesh Become A Secular Nation?

Rediff.com16 Aug 2024

Pakistan wanted to be constitutionally communal, India wanted to be secular but is communalising itself. All three nations share a penal code, but they have amended their laws to enable the State to specifically target minorities, points out Aakar Patel.

Eyewitness account: The moment when Yeti Airlines plane crashed

Eyewitness account: The moment when Yeti Airlines plane crashed

Rediff.com16 Jan 2023

Eyewitnesses of the Nepalese passenger plane crash have said that they had a close shave as the Yeti Airlines plane, with 72 onboard, including five Indians, crashed near their settlement and a bomb-like blast was heard.

Parl panel to grill Twitter on blocking accounts of Prasad, Tharoor

Parl panel to grill Twitter on blocking accounts of Prasad, Tharoor

Rediff.com25 Jun 2021

After Twitter briefly blocked IT Minister Ravi Shankar Prasad from accessing his account for alleged copyrights violation, chairman of the parliamentary panel on information technology Shashi Tharoor on Friday said the same thing happened with him and the standing committee will be seeking an explanation from the social media firm over the temporary locking of their accounts and the rules it follows while operating in India.

In acceptance speech, Kamala warns Americans against re-electing Trump

In acceptance speech, Kamala warns Americans against re-electing Trump

Rediff.com24 Aug 2024

Kamala Harris used her forceful presidential acceptance speech to present herself as a leader who could unite the country to chart a 'new way forward' and warned Americans of 'extremely serious' consequences of putting her Republican rival Donald Trump back in the White House.

Time To Make Budget More Transparent

Time To Make Budget More Transparent

Rediff.com21 Jun 2024

The Budget should use the extra RBI surplus to better effect, suggests A K Bhattacharya.

Rupee Rebound Expected in April-June

Rupee Rebound Expected in April-June

Rediff.com2 Apr 2024

A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.

US remarks on Kejriwal's arrest unwarranted: MEA

US remarks on Kejriwal's arrest unwarranted: MEA

Rediff.com29 Mar 2024

India on Thursday said the United States State Department's recent remarks on the arrest of Delhi Chief Minister Arvind Kejriwal is 'unwarranted' and asserted the country is 'proud of its independent and robust democratic institutions' and committed to protect them from any form of undue external influences.

Palestinians have been denied their homeland: Jaishankar

Palestinians have been denied their homeland: Jaishankar

Rediff.com27 Mar 2024

He stated that what transpired on October 7 was a 'terrorist attack' but also acknowledged, in reference to the Israeli counteroffensive in Gaza, that every response must take into account something called international humanitarian law.

After 4 months, forex reserves once again above $600 bn

After 4 months, forex reserves once again above $600 bn

Rediff.com8 Dec 2023

India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. The forex reserves were last above the $600 billion mark on August 11 this year. "India's foreign exchange reserves stood at $604 billion as on December 1, 2023.

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