News for 'international payments'

Farmers reel under double whammy of drought and fund crunch

Farmers reel under double whammy of drought and fund crunch

Rediff.com19 Dec 2018

Many farmers in drought hit states are seeking MGNREGA work but the state government's coffers do not have enough fund to pay the salaries of these workers.

IndiGo confident of operating at 50% capacity

IndiGo confident of operating at 50% capacity

Rediff.com17 Jun 2020

With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.

DeMo@1: Banks happy as digital activity picks up

DeMo@1: Banks happy as digital activity picks up

Rediff.com8 Nov 2017

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.

New ICC president gets cracking

New ICC president gets cracking

Rediff.com25 Nov 2020

Greg Barclay, confirmed as chairman of the ICC, said they were contracted to deliver them within the current broadcasting agreement.

Good news for consumers, LPG to cost less in New Year

Good news for consumers, LPG to cost less in New Year

Rediff.com31 Dec 2018

A 14.2-kg subsidised LPG cylinder will cost Rs 494.99 in Delhi, while non-subsidised LPG rates have been cut by a steep Rs 120.50 per cylinder

Italian Marines case: UN tribunal upholds India's conduct

Italian Marines case: UN tribunal upholds India's conduct

Rediff.com2 Jul 2020

India accused the two Italian marines on board the MV Enrica Lexie, an Italian flagged oil tanker, of shooting dead two Indian fishermen off the Kerala coast on February 15, 2012.

26/11 attack mastermind Lakhvi arrested in Pakistan

26/11 attack mastermind Lakhvi arrested in Pakistan

Rediff.com2 Jan 2021

Lakhvi, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

Saudi Arabia to provide cash-strapped Pakistan $3 billion

Saudi Arabia to provide cash-strapped Pakistan $3 billion

Rediff.com23 Oct 2018

The Pakistani PM is now scheduled to travel to Malaysia next week and to China on November 3 to seek financial assistance from the two friendly countries.

Night curfew: New Year parties, travel plans fizzle out

Night curfew: New Year parties, travel plans fizzle out

Rediff.com24 Dec 2020

Miffed hotels, restaurants stare at huge losses on account of advance planning for events that they now have to shelve.

SC to examine ED's power to attach ancestral assets in PMLA cases

SC to examine ED's power to attach ancestral assets in PMLA cases

Rediff.com11 Oct 2021

The Supreme Court has agreed to examine the legal issue of whether the Enforcement Directorate can attach ancestral properties of the accused under the Prevention of Money Laundering Act as 'proceeds of crime.'

RBI just dashed hopes of India Inc to add banking to their empire

RBI just dashed hopes of India Inc to add banking to their empire

Rediff.com26 Nov 2021

The Reserve Bank on Friday accepted most of the recommendations of its working group on corporate ownership of private sector banks, by allowing unrestrained promoter shareholding in the first five years of operations and hiking the same to 26 per cent after 15 years from the extant 15 per cent and also the new capital requirements. The move will benefit leading banks like Kotak Mahindra Bank and IndusInd Bank, among others, which have been seeking more time from the regulator to divest their stakes for many years now. Accepting 21 of the 33 recommendations of the internal working group, the central bank said the remaining suggestions are under its consideration.

'Putin is playing Russian roulette'

'Putin is playing Russian roulette'

Rediff.com25 Feb 2022

'There is a cost to war.' 'The West knows that and so does Putin.' 'The point is, how much of the cost are both sides willing to pay?'

BCCI grows richer with new deal

BCCI grows richer with new deal

Rediff.com21 Aug 2019

Cricketers are the highest profile athletes and enjoy rockstar status in the world's second most populous country

How to pay safely for online transactions

How to pay safely for online transactions

Rediff.com12 Jan 2021

Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.

Many reasons why Jet Air may miss the flight path, once again

Many reasons why Jet Air may miss the flight path, once again

Rediff.com28 Oct 2020

If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.

Soccer: 'Make Carrick United manager for rest of season'

Soccer: 'Make Carrick United manager for rest of season'

Rediff.com23 Nov 2021

Roma teenager Afena-Gyan plays down apparent racist remark.

Post-Ukraine, Finance Minister Must Revisit Budget

Post-Ukraine, Finance Minister Must Revisit Budget

Rediff.com23 Mar 2022

Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.

All problems to be resolved in 2020: Sahara's Subrata Roy

All problems to be resolved in 2020: Sahara's Subrata Roy

Rediff.com12 Feb 2020

'Two esteemed foreign investors with huge funds are coming with us in our real estate and city development businesses.'

From state bodies to players, BCCI releases funds for all

From state bodies to players, BCCI releases funds for all

Rediff.com13 Apr 2017

The Board of Control for Cricket in India released pending payments to various stakeholders which include Test match centres, state bodies, match fee of India players besides salary of coaches and commentators.

When Pranab clashed with Manmohan, twice

When Pranab clashed with Manmohan, twice

Rediff.com8 Sep 2020

Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.

For Taliban, US is Important

For Taliban, US is Important

Rediff.com9 Oct 2021

The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.

Naresh Goyal to step down as Jet chairman, quit board

Naresh Goyal to step down as Jet chairman, quit board

Rediff.com25 Mar 2019

Wife Anita Goyal and one nominee of Etihad Airways PJSC would also step down from the board.

Draft ecommerce policy to ensure goods sold online meet standards

Draft ecommerce policy to ensure goods sold online meet standards

Rediff.com15 Mar 2021

Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.

FPIs get relief as dividend tax kept at par with treaty rates

FPIs get relief as dividend tax kept at par with treaty rates

Rediff.com2 Feb 2021

'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a big cash flow relief for FPIs.'

'Probe important': Court extends Aryan Khan's NCB custody

'Probe important': Court extends Aryan Khan's NCB custody

Rediff.com4 Oct 2021

The court, in its order, noted that the investigation in the case was of prime importance and considering this aspect, the further presence of the accused before the NCB was necessary.

Kalrock to invest Rs 1K crore as Jet readies to take wings

Kalrock to invest Rs 1K crore as Jet readies to take wings

Rediff.com19 Oct 2020

The winning bid attracted over 99 per cent votes, with lenders overwhelmingly voting for a revival instead of recovery through liquidation.

Cairn, govt discuss LTCG tax and Vivad se Vishwas scheme

Cairn, govt discuss LTCG tax and Vivad se Vishwas scheme

Rediff.com22 Feb 2021

During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.

AGR woes: No decision on relief to telcos at crucial meet

AGR woes: No decision on relief to telcos at crucial meet

Rediff.com28 Feb 2020

Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.

Sri Lanka's Gunathilaka gets six-match ban for misconduct

Sri Lanka's Gunathilaka gets six-match ban for misconduct

Rediff.com27 Jul 2018

Sri Lanka all-rounder Danushka Gunathilaka has been banned for six international matches for breaching code of conduct regulations, Sri Lanka Cricket said.

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Rediff.com22 Dec 2021

Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?

SC okays credit shell for airfare refund during lockdown

SC okays credit shell for airfare refund during lockdown

Rediff.com1 Oct 2020

In a major relief to passengers, whose flights got cancelled due to the Covid-19 lockdown, the Supreme Court on Thursday accepted the recommendations of the Director General of Civil Aviation (DGCA) to refund ticket fares and also approved a credit shell scheme which will be valid till March 31.

IL&FS to file bankruptcy for its offshore firms in UAE

IL&FS to file bankruptcy for its offshore firms in UAE

Rediff.com4 Sep 2020

A tribunal consented with the decision of the newly constituted board of the IL&FS and observed that the initiation of bankruptcy proceedings was the best option for the two firms.

Govt agrees to Air India employees' main demands

Govt agrees to Air India employees' main demands

Rediff.com25 Aug 2021

The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.

Private sector involvement in defence R&D made easier

Private sector involvement in defence R&D made easier

Rediff.com20 Oct 2020

Defence Minister Rajnath Singh on Tuesday unveiled a new version of the procurement manual of the premier military research institute Defence Research and Development Organisation featuring simplified procedures for the involvement of the private sector in various research and development projects.

Aryan Khan's bail plea to be heard on Oct 13

Aryan Khan's bail plea to be heard on Oct 13

Rediff.com11 Oct 2021

Aryan Khan was arrested on October 3. He is currently in judicial custody and lodged at the Arthur Road prison in Mumbai.

Ex-Playboy model buys troubled Romanian club

Ex-Playboy model buys troubled Romanian club

Rediff.com4 Jun 2020

A former Playboy model has completed a takeover of debt-ridden top division club AFC Hermannstadt.

Evergrande isn't China's Lehman moment

Evergrande isn't China's Lehman moment

Rediff.com28 Oct 2021

Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.

Government takes up pay cut, layoffs with India Inc

Government takes up pay cut, layoffs with India Inc

Rediff.com6 Apr 2020

A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.

BCCI clears dues of players; says won't let anyone suffer

BCCI clears dues of players; says won't let anyone suffer

Rediff.com10 Apr 2020

The Board of Control for cricket in India has cleared the quarterly dues of all its centrally-contracted cricketers and vowed not to let anyone suffer despite the uncertainty triggered by the coronavirus pandemic, which has caused financial blowback in other countries. Major cricket boards like England and Australia have indicated that players will have to take pay cuts.