News for 'foreign exchange department'

Devas-Antrix Deal: International Tribunal asks India to pay damages

Devas-Antrix Deal: International Tribunal asks India to pay damages

Rediff.com28 Jul 2016

An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.

14 members of Taliban govt in UNSC's terrorism blacklist

14 members of Taliban govt in UNSC's terrorism blacklist

Rediff.com8 Sep 2021

Specially designated global terrorist Sirajuddin Haqqani, who carries a reward of $10 million US bounty on his head, is the acting interior minister while his uncle -- Khalil Haqqani -- has been named as acting minister for refugees.

Bitcoin investors, exercise caution

Bitcoin investors, exercise caution

Rediff.com20 Feb 2018

Limit your investment in cryptocurrencies and make sure you have current holdings in your own custody until regulatory cloud blows over, experts tell Sanjay Kumar Singh.

RBI refuses to share inspection reports with intel agencies

RBI refuses to share inspection reports with intel agencies

Rediff.com3 Mar 2015

RBI has cited "legal impediments" in sharing the reports.

Border not yet demarcated, there will always be problems: China

Border not yet demarcated, there will always be problems: China

Rediff.com1 Sep 2020

Instead of "the dragon and the elephant compete with each other", "the dragon and the elephant dance together, Chinese Foreign Minister Wang Yi said.

FDI in 2013 dips 3% to $22 billion

FDI in 2013 dips 3% to $22 billion

Rediff.com30 Mar 2014

In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.

Karti Chidambaram's office searched by ED

Karti Chidambaram's office searched by ED

Rediff.com16 Dec 2015

The Enforcement Directorate on Wednesday searched the office of Karti Chidambaram, son of former Finance Minister P Chidambaram, in connection with its probe against firms owned by his friends.

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.

The intriguing tale of India's trade with North Korea

The intriguing tale of India's trade with North Korea

Rediff.com16 Jun 2018

India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.

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).

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.

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.

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.

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.

How India can win future wars

How India can win future wars

Rediff.com30 Oct 2020

Future, even present, wars -- at least those involving such tech giants as China -- include hi-tech battlefields, which a Pakistan-obsessed India has not sufficiently prioritised. Today's generals plan on how to disrupt an enemy city's power supplies, rail networks, airports, ports, and government departments, not just by bombing or torpedoing them; they also examine the option of tripping up the computer networks that run these, notes David Devadas.

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.

How Obama, Trump, Biden Greeted Modi...

How Obama, Trump, Biden Greeted Modi...

Rediff.com28 Sep 2021

Did Prime Minister Modi receive a different kind of reception at the Biden White House on Friday than he has has been used to at the American president's home?

EPFO may now get to invest in cash-starved infra sector

EPFO may now get to invest in cash-starved infra sector

Rediff.com10 Nov 2020

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.

How 1996 World Cup is back to haunt FPIs

How 1996 World Cup is back to haunt FPIs

Rediff.com10 Jun 2020

The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.

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.

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

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.

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.

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.

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.

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.

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.

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.

'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.

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.

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.

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.

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.

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.

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.

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.

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.

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.