News for 'foreign exchange department'

Beware, taxmen to watch your posts on social media

Beware, taxmen to watch your posts on social media

Rediff.com18 Nov 2016

Information gathered from a person's social media account will be matched with his or her declared income.

One year in jail: Is there hope for Subrata Roy?

One year in jail: Is there hope for Subrata Roy?

Rediff.com4 Mar 2015

The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.

Pros & cons of allowing FIIs to trade on Indian commodity bourses

Pros & cons of allowing FIIs to trade on Indian commodity bourses

Rediff.com2 Jan 2015

The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.

Govt clears 19 FDI proposals worth Rs 2,327 cr

Govt clears 19 FDI proposals worth Rs 2,327 cr

Rediff.com16 Jul 2014

The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore (Rs 23.26 billion).

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Rediff.com29 Jun 2016

Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.

Sushma-Lalit Modi row: Did PM tacitly help a fugitive, asks Congress

Sushma-Lalit Modi row: Did PM tacitly help a fugitive, asks Congress

Rediff.com15 Jun 2015

Congress charged the entire BJP and the government with "aiding and abetting" Lalit Modi, a fugitive.

Low inflation leaves enough room for RBI to cut rates

Low inflation leaves enough room for RBI to cut rates

Rediff.com26 May 2015

Analysts expect the Reserve bank to cut rates in next monetary policy.

We are very much alive in the series, says Root

We are very much alive in the series, says Root

Rediff.com16 Feb 2021

Despite the chastening defeat, Root said they were still in the series.

Black money probe put on a fast track

Black money probe put on a fast track

Rediff.com13 Jan 2015

Investigations against black money holders in Swiss bank accounts, known as the HSBC list, have been put on a fast-track as the CBDT has asked tax sleuths to quickly gather all foreign-based evidences in these cases and render final action by March-end.

Switzerland will share details of at least 50 Indian A/C holders

Switzerland will share details of at least 50 Indian A/C holders

Rediff.com16 Jun 2019

These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.

India's Dilemma in Sri Lanka

India's Dilemma in Sri Lanka

Rediff.com21 Sep 2020

Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.

FIPB clears Walt Disney's FDI proposal, 18 others

FIPB clears Walt Disney's FDI proposal, 18 others

Rediff.com24 Jul 2014

The Finance Ministry further said decision on seven FDI proposals has been deferred.

Why Cognizant is going slow in India

Why Cognizant is going slow in India

Rediff.com26 Feb 2019

Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.

AI has dues of over Rs 822 cr towards VVIP flights: RTI

AI has dues of over Rs 822 cr towards VVIP flights: RTI

Rediff.com6 Feb 2020

Air India had stopped the practice of issuing tickets on credit to government agencies for the travel of their officials in December last year because of accruing pending bills.

I-T gets fresh instructions to withold names of blackmoney holders

I-T gets fresh instructions to withold names of blackmoney holders

Rediff.com3 Jun 2015

The income tax department is asked to keep names of blackmoney holders under wraps.

Moily hints of relief to RIL on KG-D6 relinquishment issue

Moily hints of relief to RIL on KG-D6 relinquishment issue

Rediff.com16 Jun 2013

The Directorate General of Hydrocarbons (DGH) had recommended to the ministry that RIL be asked to give up 86% of its KG-D6 gas block area

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Sensex defies Greek bailout, reclaims 28,000

Sensex defies Greek bailout, reclaims 28,000

Rediff.com1 Jul 2015

Positive cues from the global market front aided the rally.

China backs Pakistan on Kashmir

China backs Pakistan on Kashmir

Rediff.com10 Oct 2019

'The scheduling of Imran Khan's visit to Beijing and its focus on the J&K situation underscores that Beijing shares the Pakistani concern that tensions with India are only going to escalate further in the period ahead,' says Ambassador M K Bhadrakumar.

10 Indian-Americans among 21 arrested for visa fraud in US

10 Indian-Americans among 21 arrested for visa fraud in US

Rediff.com6 Apr 2016

While the US government did not reveal the nationality of the arrested people, names released by authorities indicate that 10 of them are either Indians or of Indian-origin.

17 states, over 100 locations: ED launches massive crackdown on shell firms

17 states, over 100 locations: ED launches massive crackdown on shell firms

Rediff.com1 Apr 2017

The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.

No definite date to bring back black money: Govt

No definite date to bring back black money: Govt

Rediff.com3 Mar 2015

India has joined global efforts to combat global tax evasion.

Will Brexit be the end of May?

Will Brexit be the end of May?

Rediff.com10 Jul 2018

The Britain's ruling party is suffering a leadership challenge with Brexit Secretary David Davis and Foreign Secretary Boris Johnson dramatically resigning over their inability to support the terms and conditions drawn up to exit the European Union.

Beware! Reserve Bank does not give lottery prizes

Beware! Reserve Bank does not give lottery prizes

Rediff.com10 Dec 2014

Fraudulent emails exhorting people to deposit cash for reward are on the rise.

Pompeo, Gokhale say Pak must take action against terror groups

Pompeo, Gokhale say Pak must take action against terror groups

Rediff.com12 Mar 2019

Gokhale and Pompeo expressed satisfaction over the significant progress and the quality of the India-US Strategic Partnership

PlanComm convenes meeting to discuss mining issues

PlanComm convenes meeting to discuss mining issues

Rediff.com4 Nov 2013

The output has seen a decline due to the ban in Karnataka and Goa.

2 Indian-Americans arrested for H1B visa fraud

2 Indian-Americans arrested for H1B visa fraud

Rediff.com13 May 2015

The conspiracy with which Patel and Mohta are charged carries a maximum potential penalty of five years in prison and a $250,000 fine.

FPI investments from China likely to be capped at 5%

FPI investments from China likely to be capped at 5%

Rediff.com30 Jun 2020

Other measures being considered include relatively stringent KYC norms and a separate standard operating procedure for approval, renewal, and fresh investment from India's neighbouring countries.

US concerned over future government in Pak: Tillerson

US concerned over future government in Pak: Tillerson

Rediff.com5 Oct 2017

Tillerson said that he believed that the US has a partner in Pakistan.

Why Jaishankar refused to meet Pramila Jayapal

Why Jaishankar refused to meet Pramila Jayapal

Rediff.com20 Dec 2019

Jaishankar said that the resolution on Kashmir introduced by Jayapal in the House is not a fair characterisation of the situation in J-K. And also said that he has no interest in meeting the Congresswoman.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

Cairn Energy lays off 40% staff following India tax dispute

Cairn Energy lays off 40% staff following India tax dispute

Rediff.com23 Feb 2015

The company has not been able to sell its 9.8% stake in Cairn India

No holy cows to protect, says Jaitley on Aircel-Maxis

No holy cows to protect, says Jaitley on Aircel-Maxis

Rediff.com2 Mar 2016

As soon as the House met, AIADMK MPs trooped into the Well shouting slogans and demanded action from the government.

4 decades and still shining: How India's romance with gold peaked

4 decades and still shining: How India's romance with gold peaked

Rediff.com22 Sep 2014

Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.

Danger grows as Xi made 'Chairman of Everything'

Danger grows as Xi made 'Chairman of Everything'

Rediff.com15 Nov 2021

Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.

Everything you need to know about Dawood's auctioned properties

Everything you need to know about Dawood's auctioned properties

Rediff.com15 Nov 2017

Everything you need to know about the three properties belonging to Dawood Ibrahim, which were auctioned on Tuesday.

129 Indians among 130 students arrested in US immigration fraud

129 Indians among 130 students arrested in US immigration fraud

Rediff.com2 Feb 2019

Foreign students knowingly enrolled in the fake school to falsely maintain their student visa status and remain in the US, according to prosecutors.

India's electronics manufacturing dream

India's electronics manufacturing dream

Rediff.com20 Oct 2020

...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.

Norwegian national asked to leave India for violating visa norms

Norwegian national asked to leave India for violating visa norms

Rediff.com27 Dec 2019

Janne-Mette Johansson, a Norwegian national on a tourist visa, came under the scanner of Bureau of Immigration authorities over her suspected participation in an anti- Citizenship Amendment Act protest in the Kochi three days ago.

India is ready to play tough with China

India is ready to play tough with China

Rediff.com9 Oct 2019

'India's preference today seems to be to exploit the deepening chill in relations with China to breathe new life into its meandering partnership with the US,' argues Ambassador M K Bhadrakumar.