News for 'international payments'

The missing pieces in Jet Air's revival plan

The missing pieces in Jet Air's revival plan

Rediff.com7 Nov 2020

After 18 months of closure, what really could be salvaged? And the answer sadly is, precious little, Patience, perseverance and plenty of moolah is the way forward even assuming intent is in place, says Anjuli Bhargava.

2 Babbar Khalsa terrorists held in Delhi; arms, ammunition recovered

2 Babbar Khalsa terrorists held in Delhi; arms, ammunition recovered

Rediff.com8 Sep 2020

The duo were planning targeted killings in various north Indian states on the directions of Khalistan movement leaders sponsored by Pakistan's Inter-Services Intelligence, they said.

Tax War: ICC wants BCCI's annual revenue slashed

Tax War: ICC wants BCCI's annual revenue slashed

Rediff.com8 Aug 2019

All the details from the meetings of the Committee of Administrators (CoA) held on July 6 and on June 29

Now, mobile remittances transfer from UAE to India

Now, mobile remittances transfer from UAE to India

Rediff.com22 May 2012

This is the first time a bank has introduced a real-time international account to account money transfer service via mobile phones anywhere in the world, a statement here said.

Post COVID travel: 10 things to know

Post COVID travel: 10 things to know

Rediff.com21 Jul 2020

Gloves, masks, vitamin C, wet wipes and sanitisers are the new essentials you have to move around with.

India's economy projected to record stronger recovery in 2021: UNCTAD

India's economy projected to record stronger recovery in 2021: UNCTAD

Rediff.com18 Mar 2021

India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report which said the country's current fiscal year budget points to a shift towards demand-side stimulus, with an uptick in public investment. The report, 'Out of the frying pan ...Into the fire?' published Thursday as an update to the Trade and Development Report 2020 by UN Conference on Trade and Development (UNCTAD) said the global economy is set to grow by 4.7 per cent this year, faster than the 4.3 per cent predicted in September 2020, thanks in part to a stronger recovery in the US, where progress in distributing vaccines and a fresh fiscal stimulus of $1.9 trillion are expected to boost consumer spending.

Amazon-Future dispute: Kishore Biyani may look for mutual settlement

Amazon-Future dispute: Kishore Biyani may look for mutual settlement

Rediff.com3 Nov 2020

Experts say Future group will look for an out-of-court settlement with help from Reliance in the Amazon matter.

Indo-American Chamber slams new e-com rules

Indo-American Chamber slams new e-com rules

Rediff.com6 Jul 2021

The proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, that are envisioned to protect consumer interests, may further compound the impact of multiplicity of regulations on the e-commerce sector, the Indo-American Chamber of Commerce (IACC) had told the ministry of consumer affairs. IACC, the apex bilateral chamber for Indo-US business, had told the government that the proposed amendments would increase compliance liabilities that risk severely impairing the growth of the sector.

A two-year saga nearing closure at Infosys

A two-year saga nearing closure at Infosys

Rediff.com19 Feb 2019

The matter pertains to the Rs 173.8 million severance offer given to former CFO Rajiv Bansal in October 2015 when he was allegedly forced to step down due to differences with then chief executive Vishal Sikka over the acquisition of Israeli technology firm Panaya for $200 million.

MakeMyTrip-PayPal tie-up for flight bookings to India

MakeMyTrip-PayPal tie-up for flight bookings to India

Rediff.com30 Jul 2012

The company is offering an inaugural discount of $20 per booking for international flights paid for using PayPal till August 15, 2012.

Has Modi's Vaccine Diplomacy Failed?

Has Modi's Vaccine Diplomacy Failed?

Rediff.com26 Apr 2021

What is foreign policy worth if it stands disconnected from domestic realities? Make no mistake, the horrifying visuals of the human suffering in metropolitan India is only the tip of the iceberg. The vast swathes of the hinterland are heaving with untold sorrows, notes Ambassador M K Bhadrakumar.

RBI may have to restructure its key committees

RBI may have to restructure its key committees

Rediff.com30 Nov 2018

The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.

'Not a shining India, but there is a feel-good factor'

'Not a shining India, but there is a feel-good factor'

Rediff.com15 Nov 2018

'Life will not improve overnight; it will happen in a gradual manner.'

How 3.2 million debit cards were compromised

How 3.2 million debit cards were compromised

Rediff.com24 Nov 2016

Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.

Why Facebook and Google are under I-T scanner

Why Facebook and Google are under I-T scanner

Rediff.com17 Jul 2019

Taxmen have come across instances where global firms - charged a withholding tax of 6 per cent - are underreporting the exact income they earned from an Indian user.

How start-ups can survive the pandemic

How start-ups can survive the pandemic

Rediff.com22 Jun 2020

While you cannot avoid the delay in payments from your customers, you must come up with new ideas on building your internal cashflow system to ensure that the cash crunch within the organisation is minimal, suggests Naval Goel.

Covid second wave won't sting economy

Covid second wave won't sting economy

Rediff.com21 Jun 2021

The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.

RBI deputy governor fires salvo at government

RBI deputy governor fires salvo at government

Rediff.com27 Oct 2018

Governments that did not respect the central bank's independence would sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined the regulatory institution, Deputy Governor Viral Acharya warned.

MobiKwik continues to deny any data breach, but will do forensic audit

MobiKwik continues to deny any data breach, but will do forensic audit

Rediff.com31 Mar 2021

If the data breach is found to be genuine, and if the company is found guilty on the grounds of dereliction of duty, or misleading the general public and the RBI about the data breach, actions taken against it will be severe, the person quoted above said.

Banks recall over 32 lakh debit cards; govt seeks details

Banks recall over 32 lakh debit cards; govt seeks details

Rediff.com20 Oct 2016

The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank

Australia's women to receive same prize money as men

Australia's women to receive same prize money as men

Rediff.com15 Oct 2019

Cricket Australia (CA) said it will ensure its women's team earn the same prize money as men's squads at the Twenty20 World Cup by topping up the winnings paid out by the sport's world governing body.

PMO monitoring Rafale deal can't be seen as interference: Govt to SC

PMO monitoring Rafale deal can't be seen as interference: Govt to SC

Rediff.com4 May 2019

The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.

ICC to react after jury's final verdict on 4th charge

ICC to react after jury's final verdict on 4th charge

Rediff.com1 Nov 2011

The International Cricket Council reserved its reaction on the conviction of Pakistani cricketers Salman Butt and Mohammed Asif on spot-fixing charges till the jury decides on the fourth accusation of latter's acceptance of corrupt payments.

CAS says City did not break FFP rules but failed to cooperate

CAS says City did not break FFP rules but failed to cooperate

Rediff.com29 Jul 2020

The FFP regulations are designed to stop clubs running up big losses through spending on players. They also ensure sponsorship deals are based on their real market value and are genuine commercial agreements and not ways for owners to pump cash into a club to get around the rules.

Is India planning to take a loan from IMF?

Is India planning to take a loan from IMF?

Rediff.com29 Jul 2013

A rapidly deteriorating balance of payments may warrant that but the political climate is too risky

Stimulus packages: Panagariya cautions Modi govt about going overboard

Stimulus packages: Panagariya cautions Modi govt about going overboard

Rediff.com19 Apr 2020

India should take 'measured approach' with stimulus packages to deal with COVID-19 by limiting interventions to the provision of food, shelter and basic necessities of life for all; forbearance on payments of outstanding loans; and extra provision of working capital including what will be necessary to cover outstanding wages from lockdown period to enterprises.

Sports Shorts: We will have Olympics next year, says Coates

Sports Shorts: We will have Olympics next year, says Coates

Rediff.com29 Jul 2020

Russia asks World Athletics to postpone decision on possible expulsion.

BCCI announces monetary benefits to former players, umpires

BCCI announces monetary benefits to former players, umpires

Rediff.com9 Nov 2015

The Board of Control for Cricket in India, on Sunday, announced a slew of monetary benefits for former cricketers, both domestic and international, including monthly and one-time payments, just a day before the Annual General Body Meeting of the Board in Mumbai on Sunday.

UP govt notifies land for Rs 16,000 cr Noida's Jewar airport

UP govt notifies land for Rs 16,000 cr Noida's Jewar airport

Rediff.com21 Jan 2019

The airport would comprise two runways and handle 70 million passengers and 3 million tonnes cargo annually when fully developed.

Ask Anil: Your Tax Queries Answered

Ask Anil: Your Tax Queries Answered

Rediff.com28 Jan 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

RBI curbs on PMC Bank spreads panic among customers

RBI curbs on PMC Bank spreads panic among customers

Rediff.com24 Sep 2019

As per the RBI directions to PMC Bank, withdrawals have been capped at Rs 1,000 per account and the bank is not allowed to make any fresh loans.

How both car owners and govt stand to gain from FASTags

How both car owners and govt stand to gain from FASTags

Rediff.com9 Dec 2019

While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.

How Paytm managed to meet the note ban rush

How Paytm managed to meet the note ban rush

Rediff.com7 Dec 2016

Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.

How yoga helps physical and mental health

How yoga helps physical and mental health

Rediff.com21 Jun 2020

'Yoga is magic!' 'Other than keeping me physically fit, it helps me be calm and emotionally balanced. It gives me a lot of energy that keeps me productive throughout the day.'

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

Rediff.com2 Jan 2021

Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.

Yatra ends merger pact, sues Ebix in US for breach of terms

Yatra ends merger pact, sues Ebix in US for breach of terms

Rediff.com7 Jun 2020

Ebix had signed the agreement last year to acquire Gurugram-based Yatra Online for an enterprise value of $338 million (about Rs 2,327 crore) in an all-stock deal. The deal was supposed to conclude in the October-December quarter after regulatory approvals but went through several extensions, according to regulatory filings with the US Securities and Exchange Commission.

GST revenue at Rs 92,283 cr gets a bumper start

GST revenue at Rs 92,283 cr gets a bumper start

Rediff.com29 Aug 2017

So far, 38.38 lakh taxpayers accounting for 64.42 per cent of the total businesses, who had registered in July, filed returns.

Get a credit card this Onam!

Get a credit card this Onam!

Rediff.com13 Sep 2016

Let the festivities and celebrations begin; get yourself a credit card this Onam. Shop with it, earn reward points, make your family happy but remember to never go overboard or miss your payments, says Rajiv Raj

Update available: How your digital wallet is becoming safer after demonetization

Update available: How your digital wallet is becoming safer after demonetization

Rediff.com19 Dec 2016

With the use of e-wallets gaining momentum after the note ban, e-wallet service providers have doubled down on developing new security features in their apps. Sharath Chowdary reports.

Pandemic pushed 37 million into extreme poverty: Gates Foundation

Pandemic pushed 37 million into extreme poverty: Gates Foundation

Rediff.com15 Sep 2020

The report said the global economy will lose $12 trillion or more by the end of 2021 despite spending of $18 trillion in trying to stimulate growth around the world.