News for 'global trust'

Crucial to prevent Gaza war from escalating into regional crisis: Modi at G20

Crucial to prevent Gaza war from escalating into regional crisis: Modi at G20

Rediff.com22 Nov 2023

In his opening remarks at the virtual summit of Leaders of G20 countries, Modi made it clear that terrorism was "unacceptable" to everyone and the death of civilians, anywhere, was condemnable.

Sitharaman asks banks, FIs to ensure customers nominate heirs

Sitharaman asks banks, FIs to ensure customers nominate heirs

Rediff.com5 Sep 2023

Finance Minister Nirmala Sitharaman on Tuesday asked banks and other financial institutions to ensure that their customers must update nominees to help resolve the problem of unclaimed money in future. "I want the banking system, the financial ecosystem including the mutual funds, stock markets to keep in mind that when someone deals with his (customer's) money, the organisations will have to think about the future and ensure that customers nominate their heirs, give the name and address," Sitharaman said speaking at the Global Fintech Fest (GFF) in Mumbai. According to a report, the banking system alone has more than Rs 35,000 crore of unclaimed deposits, while the overall quantum of the unclaimed money is said to be more than Rs 1 lakh crore.

Maruti, most trusted car company: TNS

Maruti, most trusted car company: TNS

Rediff.com18 Dec 2006

Maruti Udyog Ltd has been rated the 'most trusted' passenger car company of the country, according to a survey by global research firm TNS.

'Only A Very Rich Man Can Stand For Elections'

'Only A Very Rich Man Can Stand For Elections'

Rediff.com8 May 2024

'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'

India Inc's missing whistle-blowers

India Inc's missing whistle-blowers

Rediff.com21 Jul 2022

The latest whistle-blower revelations of multiple shenanigans at global ride-hailing app Uber, coming thick and fast after serial exposes of various dodgy practices at Facebook, Apple, Amazon, Netflix, Google in the recent past raises uncomfortable questions about India Inc. If the FAANGs, Twitter and Uber can be guilty of multiple and diverse transgressions what's happening in Indian corporations? It can be nobody's case that India's largely family-owned and - managed private sector is a beacon of transparency or best corporate governance practices, bolstered as it is by an informal omerta among employees, managements and even boards.

We shouldn't be scared of China, be ready to compete, says Jaishankar

We shouldn't be scared of China, be ready to compete, says Jaishankar

Rediff.com30 Jan 2024

External Affairs Minister S Jaishankar on Tuesday said it was necessary to acknowledge that China will influence India's neighbouring countries, and India must not be scared of such "competitive politics".

President Murmu flags cost, use of English as hurdles to justice

President Murmu flags cost, use of English as hurdles to justice

Rediff.com28 Nov 2023

She said that access to justice for all has been a theme close to her heart and mentioned several steps taken to help economically disadvantaged sections of society to approach legal institutions for remedial action.

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Rediff.com28 Dec 2023

Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.

'Won't Allow Severe Cuts, It Will Destroy The Film'

'Won't Allow Severe Cuts, It Will Destroy The Film'

Rediff.com28 May 2024

'The chances of The Shameless passing through the censorship board in India are slim to none.'

Japan-Philippines Send Strong Message To China

Japan-Philippines Send Strong Message To China

Rediff.com23 Jul 2024

The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.

HUL's legacy brands foster more trust

HUL's legacy brands foster more trust

Rediff.com14 Jun 2013

Relatively new brands of HUL, such as Closeup, play second fiddle to other legacy brands such as Colgate from Colgate-Palmolive and Vicco.

Twitter's Agrawal latest Indian to head a global giant

Twitter's Agrawal latest Indian to head a global giant

Rediff.com30 Nov 2021

With his elevation as the CEO of Twitter, Parag Agrawal, in whom co-founder of the microblogging giant Jack Dorsey has "bone-deep" trust, joins the growing power club of Indian-origin executives helming US-based global multinationals. Twitter's outgoing CEO Dorsey announced on Monday that 37-year old Agrawal, an Indian Institute of Technology, Bombay and Stanford University alumnus, will be the company's new chief executive as he stepped down after 16 years at the company that he co-founded and helmed. A report in The New York Times said Agrawal will receive an annual salary of $1 million, in addition to bonuses, restricted stock units and performance-based stock units.

'Conditions not ripe to make rupee a hard currency'

'Conditions not ripe to make rupee a hard currency'

Rediff.com19 Nov 2023

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.

Indian biz most trusted, IT ranks highest

Indian biz most trusted, IT ranks highest

Rediff.com15 Feb 2010

India-based companies have emerged as the most trusted ones, with the technology sector being ranked the highest in terms of transparency and credibility, said a survey.

Adani Crisis: Stress Test For Indian Capitalism

Adani Crisis: Stress Test For Indian Capitalism

Rediff.com15 Feb 2023

In this round, the market has won. But it is still for Gautam Adani to decide whether he has lost or not, argues Shekhar Gupta.

How Edtech Will Benefit Students in 2024

How Edtech Will Benefit Students in 2024

Rediff.com15 Jan 2024

Learning will become genuinely global as a result of immersive experiences. Edtech advances will increase engagement, enhance knowledge and dissolve geographical barriers, says Anant Bengani, director, Zell Education.

Pannun 'Plot': 'Biden has received a wake up call'

Pannun 'Plot': 'Biden has received a wake up call'

Rediff.com4 Dec 2023

'US officials must grapple with the possibility that one of its closest partners attempted an extrajudicial killing on its soil.' 'This is not something that friends typically do to friends.'

Peace is necessary, but...: Modi on China threat

Peace is necessary, but...: Modi on China threat

Rediff.com13 Jul 2023

"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.

'Foxconn chief is backing Modi's Make-in-India'

'Foxconn chief is backing Modi's Make-in-India'

Rediff.com7 Sep 2023

India will be an important country in terms of manufacturing in future, Young Liu, chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are "very, very huge opportunities". "If there is no big change, India will be a very important country in terms of manufacturing in the future," Liu said.

What Funds Should You Invest In?

What Funds Should You Invest In?

Rediff.com20 Feb 2024

'Your decisions should not be driven by your view on the market, but by your objectives, risk appetite, and time horizon.'

'India is a trusted friend and important US ally'

'India is a trusted friend and important US ally'

Rediff.com4 May 2010

India is a trusted friend of the United States and an important ally in addressing the various global challenges, which both the countries faced, a top democratic senator has said.

How Should You Invest In A Bull Market?

How Should You Invest In A Bull Market?

Rediff.com29 Dec 2023

The rising market poses a dilemma for investors on whether to continue buying, reduce equity holding, or exit equities altogether.

FA chief quits, says cannot trust FIFA

FA chief quits, says cannot trust FIFA

Rediff.com4 Dec 2010

Roger Burden, acting chairman of the Football Association, has withdrawn his application for the permanent position saying he can no longer trust FIFA members after the failure of England's bid to host the 2018 World Cup.

Photographs That Speak A Million Words

Photographs That Speak A Million Words

Rediff.com7 May 2024

Check out the winners of the Sony World Photography Awards 2024. Now in its 17th year, the World Photography Organisation's awards ceremony is a major annual moment recognising the best photography in the world, celebrating the images and stories that have resonated with global audiences over the past year.

What Is A Start-Up Visa? How You Can Get One?

What Is A Start-Up Visa? How You Can Get One?

Rediff.com11 Mar 2024

Businesspersons who have the potential to contribute to the economy of a country are given a red carpet welcome by way of a start-up visa.

India, US in agreement on countering China's aggression: Rajnath

India, US in agreement on countering China's aggression: Rajnath

Rediff.com10 Nov 2023

The India-US strategic partnership is characterised by mutual trust and both sides are increasingly in agreement on key issues, such as countering China's aggression, promoting a free and open Indo-Pacific and addressing regional security challenges, Defence Minister Rajnath Singh said on Friday.

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore

Rediff.com22 Feb 2024

Fintech major PhonePe on Wednesday announced the launch of its homegrown Indus Appstore specifically for the Indian market, in a bid to compete with global incumbents like Google Play Store and Apple's App Store. The Indus Appstore is PhonePe's attempt at creating a more competitive and localised mobile app store economy for India, which is already the world's largest market for mobile apps.

Vishwaguru And Arundhati Roy

Vishwaguru And Arundhati Roy

Rediff.com20 Jun 2024

The go-ahead given to prosecute Arundhati Roy would be seen by supporters of freedom of speech as an announcement that the Right-Wing doesn't feel humbled by the results of the elections, argues Shyam G Menon.

India gets 5th set of Swiss bank account details

India gets 5th set of Swiss bank account details

Rediff.com9 Oct 2023

The details that have been shared include identification, account and financial information, including name, address, country of residence and tax identification number, as well as information concerning the reporting financial institution, account balance and capital income.

India's ambitious chip dream all set to be real

India's ambitious chip dream all set to be real

Rediff.com18 Feb 2024

Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.

Are Newbie Investors Prepared For Market Turbulence?

Are Newbie Investors Prepared For Market Turbulence?

Rediff.com28 Dec 2023

We have millions of newbie investors who are clueless about how to handle sudden and severe adverse market reactions, which arrive from time to time, observes Debashis Basu.

No trust vote, MP House adjourned over coronavirus

No trust vote, MP House adjourned over coronavirus

Rediff.com16 Mar 2020

Just after the brief address of the Governor, MLAs of the BJP raised the demand for a floor test, triggering an uproar. Minister for Parliamentary Affairs Govind Singh raised the issue of coronavirus threat in the country and also mentioned the Central government's advisory.

TCS ranked 3rd most-valued IT services brand globally

TCS ranked 3rd most-valued IT services brand globally

Rediff.com27 Jan 2021

Tata Consultancy Services (TCS) has been ranked the third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- secured spots in the top-10 global tally.

Artists launch trust to fund pension

Artists launch trust to fund pension

Rediff.com5 Dec 2006

Here's a trust fund that professes to replace investor-welfare with the welfare of the artist.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

'Not very hopeful': UN chief on peace between Ukraine-Russia

'Not very hopeful': UN chief on peace between Ukraine-Russia

Rediff.com8 Sep 2023

"The responsibilities of member states must be assumed by member states and let's not make the UN the scapegoat of the failures or of the negative actions that are committed by member states," he said.

FM defends move on GTB merger

FM defends move on GTB merger

Rediff.com19 Aug 2004

'60% of taxpayers will shift to new tax regime'

'60% of taxpayers will shift to new tax regime'

Rediff.com21 Feb 2024

'Personal income tax is growing by 27 per cent and most refunds have already been issued.'

'ITC aspires to double its business in five years'

'ITC aspires to double its business in five years'

Rediff.com21 Apr 2024

'While every year presents new challenges, it also provides opportunities for better growth and performance.'

On Ukraine we aren't neutral, we are on the side of...: Modi tells WSJ

On Ukraine we aren't neutral, we are on the side of...: Modi tells WSJ

Rediff.com20 Jun 2023

On the Ukraine conflict, Modi said, "Some people say that we are neutral. But we are not neutral. We are on the side of peace." "All countries should respect international law and the sovereignty of countries," he said.