News for 'letter of credit'

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

Villain, victim or scapegoat?

Villain, victim or scapegoat?

Rediff.com18 May 2018

'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'

Best tips to ease your top-up loan burden

Best tips to ease your top-up loan burden

Rediff.com27 Jan 2015

By consolidating borrowings, the total EMI burden and interest cost can be reduced.

Jaitley colluded with Mallya, says Rahul; BJP hits back

Jaitley colluded with Mallya, says Rahul; BJP hits back

Rediff.com13 Sep 2018

The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.

Yoga irrelevant without country-wide liquor ban: Nitish

Yoga irrelevant without country-wide liquor ban: Nitish

Rediff.com19 Jun 2016

"Yoga is a natural treatment process but liquor addicts cannot perform it. Yoga would be irrelevant unless a ban is imposed on sale of liquor across the country," the Bihar CM said at meeting in Palamau district.

Employees colluded in LoU scam, PNB chief admits to ED

Employees colluded in LoU scam, PNB chief admits to ED

Rediff.com3 Mar 2018

According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.

'Deeply pained', says dismissed foreign secretary Sujatha Singh

'Deeply pained', says dismissed foreign secretary Sujatha Singh

Rediff.com30 Jan 2015

Axed from the post of foreign secretary two days ago, a "deeply pained" Sujatha Singh on Friday hit back saying that stories were being "planted" in the media to tarnish her reputation after having served for 39 years.

New currency notes: What you must know

New currency notes: What you must know

Rediff.com9 Nov 2016

The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know

Amex's elusive black card now in Indian pockets

Amex's elusive black card now in Indian pockets

Rediff.com10 Mar 2014

According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.

Vague repayment offers from Nirav Modi: PNB

Vague repayment offers from Nirav Modi: PNB

Rediff.com15 Feb 2018

PNB is fully committed to its clean banking policy. That is why we are the first one to detect and report this to the various law enforcement agencies," PNB's CMD Sunil Mehta said on Thursday.

Railways seek reimbursement for IRCTC service charge waiver

Railways seek reimbursement for IRCTC service charge waiver

Rediff.com10 Mar 2017

IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class

The half story-teller, half businessman

The half story-teller, half businessman

Rediff.com24 May 2017

Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.

How well is GST really doing?

How well is GST really doing?

Rediff.com2 Jul 2018

Is the curated and limited data put out by the central government sufficient enough to pass a judgement on the trend in GST collections, particularly that of the Centre?

India's First Surgical Strike

India's First Surgical Strike

Rediff.com6 Nov 2019

'Shastri told General Chaudhuri, 'I want to reach Lahore before they enter Kashmir'.' 'Today, many regard this initiative of Shastri as the first surgical strike.' A revealing excerpt from Dr Sandeep Shastri's Lal Bahadur Shastri: Politics And Beyond.

How CM Modi showed us what PM Modi would be like

How CM Modi showed us what PM Modi would be like

Rediff.com28 Mar 2019

The expectation that Mr Modi would be a major reformer, capable of reinvigorating the Indian economy, were based on a complete misreading of both his actions and his performance as Gujarat chief minister, says Mihir S Sharma.

Govt changes norm for widows' pension

Govt changes norm for widows' pension

Rediff.com24 Sep 2013

The Ministry of Personnel, Public Grievances and Pensions has received representations from various quarters to do away with the condition of applying for family pension through 'Form 14' as it was causing inconvenience to widows, who find it difficult and 'embarrassing' to present themselves before two gazetted officers or persons of repute for attestation.

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

Rediff.com20 Feb 2018

The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.

Indian Football Roundup: FC Goa seal play-off berth; Chennai in drivers' seat

Indian Football Roundup: FC Goa seal play-off berth; Chennai in drivers' seat

Rediff.com18 Feb 2019

FC Goa became the second Hero Indian Super League side to book their place in the play-offs after a convincing 3-0 win over Kerala Blasters FC in Margao Monday.

Russian city bans Yoga to stifle spread of religious cults

Russian city bans Yoga to stifle spread of religious cults

Rediff.com30 Jun 2015

At the centre of the crackdown are two studios holding classes for Hatha Yoga -- a set of asanas or postures involving deep breathing and tough physical exercises, which as per Hindu mythology was first practised by Lord Shiva.

Mumbai's Art Deco marvels

Mumbai's Art Deco marvels

Rediff.com8 Nov 2019

'Art Deco was the last of the truly international styles.'

'Sex education should be introduced in school'

'Sex education should be introduced in school'

Rediff.com15 Jul 2019

'As a society, why are we not talking about the one thing because of which we are born today?'

Is Modi govt weakening HAL?

Is Modi govt weakening HAL?

Rediff.com16 Jan 2019

With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.

How to protect your online data from hackers

How to protect your online data from hackers

Rediff.com28 Jul 2017

Beware, it's not just criminals who want your data!

How the govt plans to keep sugar price steady

How the govt plans to keep sugar price steady

Rediff.com7 Apr 2017

Government allows duty-free import of 500,000 tonnes raw sugar till June 12. At present, India levies an import duty of 40% on sugar

Dr Reddy's buys 8 US drugs from Teva, Allergan for $350 million

Dr Reddy's buys 8 US drugs from Teva, Allergan for $350 million

Rediff.com13 Jun 2016

The combined sales of the branded versions of the products in the US is about $3.5 billion.

Sheena Bora trial: The cop can't remember

Sheena Bora trial: The cop can't remember

Rediff.com26 Mar 2018

'Dalvi, you are saying you asked a question, but don't remember the answer?' asks Pasbola incredulously. 'Yes.' 'You are lying.'

What makes this Patna girl India's Top Model

What makes this Patna girl India's Top Model

Rediff.com12 Sep 2016

Pranati Rai Prakash is a bundlehouse of talent.

With eye on 2014, Cong reaches out to minorities with special schemes

With eye on 2014, Cong reaches out to minorities with special schemes

Rediff.com24 Dec 2013

The Congress is banking on minority-oriented schemes like those providing medical aid, skill development and promoting leadership among women to reach out to Muslims ahead of the Lok Sabha elections.

Make a non-Gandhi Cong prez, dares Modi; Rahul targets govt on note-ban, Rafale

Make a non-Gandhi Cong prez, dares Modi; Rahul targets govt on note-ban, Rafale

Rediff.com16 Nov 2018

Gandhi said the BJP, in power in Madhya Pradesh since 2003, is only working for a few rich people.

Mouth wide open, both feet in

Mouth wide open, both feet in

Rediff.com27 Nov 2018

The imprudent, not to mention immature, attack on Prime Minister Narendra Modi by Congress leaders, especially on the election trail, can only be read as a sign of nerves on the eve of an important poll battle.

'Article 15's success tells me that love works'

'Article 15's success tells me that love works'

Rediff.com15 Jul 2019

'Whether it is Mulk or Article 15, I am talking about love and against hatred.'

What makes Mallya a 'wilful defaulter'?

What makes Mallya a 'wilful defaulter'?

Rediff.com3 Sep 2014

Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.

RIL asks OilMin to announce new gas price on May 13

RIL asks OilMin to announce new gas price on May 13

Rediff.com29 Apr 2014

While a new formula for pricing of all domestically produced natural gas was notified on January 10 and published in Gazettee on January 17, the Election Commission last month asked the government to defer its implementation till general elections are completed.

New Volkswagen CEO warns staff of 'massive cutbacks'

New Volkswagen CEO warns staff of 'massive cutbacks'

Rediff.com7 Oct 2015

New Volkswagen Chief Executive Matthias Mueller warned staff on Tuesday to brace for "massive cutbacks" in response to the diesel emissions scandal that has hammered the company's stock and reputation.

Hopes dashed, why India Inc fears Modi now

Hopes dashed, why India Inc fears Modi now

Rediff.com10 Apr 2018

'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.

I-T dept collects over Rs 3,500 crore from non-filers

I-T dept collects over Rs 3,500 crore from non-filers

Rediff.com24 Mar 2015

The I-T department expects that some more revenue would be garnered.

'This year brought me the worst and best experience of my life'

'This year brought me the worst and best experience of my life'

Rediff.com27 Nov 2018

Radhika Sharma/PTI catches up with the stars at the international film festival in Goa.

Raghuram Rajan: A victim of dirty politics

Raghuram Rajan: A victim of dirty politics

Rediff.com21 Jun 2016

Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.

Neglect of 1992 scam led to Mallya, Modi frauds

Neglect of 1992 scam led to Mallya, Modi frauds

Rediff.com7 Mar 2018

'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.

'No one expects from me to play a lead heroine'

'No one expects from me to play a lead heroine'

Rediff.com3 Sep 2019

'I've been tagged as a Punchnama girl, where I break everyone's hearts. I wanted to be a heroine in that film but what did they make me?'