News for 'migration'

Plane grounded in France: Guj police begin hunt to nab agents

Plane grounded in France: Guj police begin hunt to nab agents

Rediff.com26 Dec 2023

He said most of the passengers on the chartered plane that returned from France were from districts of Banaskantha, Patan, Mehsana and Anand.

Recipe: Swarupa's Muri Ghonto

Recipe: Swarupa's Muri Ghonto

Rediff.com21 Aug 2024

This Muri Ghonto recipe has its origins in former East Bengal, present-day Bangladesh.

Is The Worst Over For IT Industry?

Is The Worst Over For IT Industry?

Rediff.com25 Jan 2024

Certain changes in the past two or three years could have a long-term structural impact on the IT services market.

BSE calls off merger of GIFT City unit with NSE

BSE calls off merger of GIFT City unit with NSE

Rediff.com24 May 2024

The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India International Exchange (India INX), with NSE International Exchange (NSE IX), a similar unit floated by rival National Stock Exchange (NSE), according to sources familiar with the development. BSE and NSE had been in discussions for the merger for over a year, but it has yielded no results, they said.

Base rate migration:RBI may announce sunset clause

Base rate migration:RBI may announce sunset clause

Rediff.com12 Jul 2010

Banks had approached the Reserve Bank of India for such a clause for all BPLR-linked loans, which would have otherwise forced them to administer two types of benchmarks -- base rate and BPLR -- for many years if a borrower refused to switch to the base rate.

How Co-living Is Helping Young Millennials

How Co-living Is Helping Young Millennials

Rediff.com20 Mar 2024

'Factors such as working professionals seeking better lifestyles, traditional housing challenges, community and networking, and urban migration for jobs are driving the growth in the co-living segment.'

Wagner's 'forced' retirement signals unrest in the Kiwi camp

Wagner's 'forced' retirement signals unrest in the Kiwi camp

Rediff.com5 Mar 2024

New Zealand's former star batter Ross Taylor has suggested that fast bowler Neil Wagner's retirement was "forced", hinting at the possibility of unrest in the Kiwi camp.

Article 370: Justice Kaul suggests a reconciliation panel

Article 370: Justice Kaul suggests a reconciliation panel

Rediff.com11 Dec 2023

Supreme Court judge Sanjay Kishan Kaul on Monday recommended setting up of an 'impartial truth and reconciliation commission' to probe and report on human rights violations by both state and non-state actors in Jammu and Kashmir since the 1980s, saying the 'wounds need healing'.

Almost fell asleep: Biden on debate debacle against Trump

Almost fell asleep: Biden on debate debacle against Trump

Rediff.com3 Jul 2024

The White House acknowledged that Biden did not have a "great (debate) night,", but asserted that he knew how to get things done and is ready to run the country for the next four years.

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

Heavy rain lashes parts of country, cripples Mumbai

Heavy rain lashes parts of country, cripples Mumbai

Rediff.com8 Jul 2024

The monsoon spelt mayhem in several parts of the country on Monday, particularly Mumbai where local train services and flight operations were hit and everyday life disrupted as well as Assam that was grappling with floods yet again.

'400 paar slogan did a great disservice to BJP'

'400 paar slogan did a great disservice to BJP'

Rediff.com16 Jun 2024

'If all we do is keep on celebrating, then next time you might find that the BJP government is out of Maharashtra'

Migration to urban areas is good: World Bank

Migration to urban areas is good: World Bank

Rediff.com13 Mar 2009

Taking a dig at India and other countries that believe economic activities must be spread geographically to benefit the poor, a new World Bank report has called for concentration of production, mobility of people and economic integration to lift rural people out of poverty. Population shift from villages to cities is natural and should be encouraged, it said.

Ready For Some Dark Love On OTT?

Ready For Some Dark Love On OTT?

Rediff.com3 May 2024

Holidays turn into horror, Bhansali brand of razzmatazz and tons more on OTT this week.

RBI tells finmin that PNB misled it on SWIFT migration

RBI tells finmin that PNB misled it on SWIFT migration

Rediff.com5 Apr 2018

'PNB had confirmed compliance with the RBI's prescription in its circular of August 3, 2016, which has now turned out to be factually incorrect,' Minister of State for Finance Shiv Pratap Shukla said in Rajya Sabha on Tuesday.

Tata Indicom users will now migrate to Tata Docomo

Tata Indicom users will now migrate to Tata Docomo

Rediff.com19 Oct 2011

Tata Indicom's CDMA, GSM, 3G and Photon platforms will now be available under the unified brand Tata Docomo.

High-value insurance policies in the slow lane after tax overhaul

High-value insurance policies in the slow lane after tax overhaul

Rediff.com28 Nov 2023

High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year's Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of 'less than Rs 5 lakh', mainly originating from smaller cities. During this year's Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit linked insurance plans or ULIPs) with an aggregate premium exceeding Rs 5 lakh, and the maturity amount, would not be exempt from tax.

India's GDP will reach $5 trillion in 2026: Arvind Panagariya

India's GDP will reach $5 trillion in 2026: Arvind Panagariya

Rediff.com15 Dec 2023

India will become the world's third largest economy by 2026 as its GDP in current dollar terms will reach $5 trillion in that year and further rise to $5.5 trillion in 2027, former Niti Aayog vice chairman Arvind Panagariya said on Friday. Delivering the 18th C D Deshmukh Memorial Lecture titled 'India at 125: Reclaiming the Lost Glory and Returning the Global Economy to the Old Normal', he said it is unlikely that GDP in current dollar terms of either Germany or Japan will cross $5 trillion-mark in the coming three years. Japan will have to sustain a growth rate of 3.5 per cent in current dollar terms to reach $5.03 trillion in 2027 from its 2022 level of $4.2 trillion, he said.

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

300 fresh COVID-19 cases, 3 deaths in Kerala

300 fresh COVID-19 cases, 3 deaths in Kerala

Rediff.com21 Dec 2023

Kerala Health Minister Veena George said that despite the increase in COVID cases in Kerala, there was nothing to be concerned about as the hospitals were well-prepared to handle the virus infection.

T+0 settlement: Sebi for 2-phase implementation

T+0 settlement: Sebi for 2-phase implementation

Rediff.com30 Dec 2023

The Securities and Exchange Board of India (Sebi) is contemplating the implementation of a same-day settlement cycle, known as T+0, in two phases. This is seen as a preliminary step towards instantaneous settlement. The shorter T+0 settlement cycle is being considered for the equity cash segment as an optional mechanism, in addition to the current T+1 (Trade plus one day) cycle.

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

Govt proposal to stop migration from drought-hit Bihar areas

Govt proposal to stop migration from drought-hit Bihar areas

Rediff.com26 Sep 2013

Drought hit Bihar plans to increase the number of days of work from 100 to 150 under the rural job scheme to check migration of the poorest of poor in search of livelihood by providing employment opportunity locally.

Kerala reports 3 Covid deaths, 292 fresh cases

Kerala reports 3 Covid deaths, 292 fresh cases

Rediff.com20 Dec 2023

On Tuesday, state health minister Veena George had said that despite the increase in COVID cases in Kerala, there was nothing to be concerned about as the state was well prepared to handle the virus infection.

'I was trying to discover myself'

'I was trying to discover myself'

Rediff.com18 Mar 2024

'In 2009, I was trying to discover myself as an actor, and that's when the journey started. I'm 41 years old and have been associated with this film for 16 years.'

Want to migrate to Nithyananda's 'Kailaasa'?

Want to migrate to Nithyananda's 'Kailaasa'?

Rediff.com16 Dec 2019

'It's a moot point if Kailaasa will ever evolve beyond being a haven for a fugitive from justice,' notes Devangshu Datta.

Digital to overtake TV in revenues by end of 2024

Digital to overtake TV in revenues by end of 2024

Rediff.com6 Mar 2024

It has been a slow year for the Indian media and entertainment (M&E) business. After two years of double-digit growth, it grew at just about 8 per cent in 2023 over 2022. It now stands at Rs 2.33 trillion in advertising and pay revenues.

'My Father Made Me What I Am'

'My Father Made Me What I Am'

Rediff.com17 Jun 2024

'Dharti par jo Rab hota hai, woh hai pitaah (There's a God on earth, and it's a Father).'

US: Indian student hammered to death by drug addict he was helping

US: Indian student hammered to death by drug addict he was helping

Rediff.com30 Jan 2024

Vivek Saini, a part-time clerk at a store that sheltered Faulkner, had shown kindness to the accused for almost two days and provided him with chips, a coke, water, and even a jacket for warmth, M9 News Channel reported on Sunday.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

HC seeks RIL response on govt's plea accusing firm of siphoning off gas

HC seeks RIL response on govt's plea accusing firm of siphoning off gas

Rediff.com15 Sep 2023

The Delhi high court (HC) division Bench on Thursday sought a response from Reliance Industries (RIL) and others regarding the government's appeal against the Mukesh Ambani-owned conglomerate and others for fraudulently and unjustly enriching themselves by draining gas from their deposits, amounting to over $1.5 billion. The Centre had appealed against the single-judge Bench order of the Delhi HC on May 9, which had dismissed its petition. Justice Anup Jairam Bhambhani had upheld the international arbitration award of July 24, 2018, in favour of the RIL-led consortium. The consortium includes UK-based BP Plc and Niko Resources of Canada.

CAA will be implemented before LS polls, says Amit Shah

CAA will be implemented before LS polls, says Amit Shah

Rediff.com10 Feb 2024

He said in categorical terms that CAA was brought in to provide citizenship and not to take away anyone's citizenship.

FPIs from Mauritius to face greater scrutiny after tax treaty revision

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Rediff.com18 Apr 2024

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by taxpayers. The Mauritius government had in February decided to amend the double taxation avoidance agreement (DTAA) with India to align with the Organisation for Economic Co-operation and Development's proposal on base erosion and profit shifting. Although the agreement between India and Mauritius was signed on March 7, the protocol of the amendment was made public for the first time on Wednesday, said legal experts.

Banks seek more time to migrate to base-rates

Banks seek more time to migrate to base-rates

Rediff.com17 Feb 2010

Banks have urged the Reserve Bank of India to allow time till July to implement the proposed base-rate model, which was introduced by the apex bank early this month to bring in transparency in the lending.

Fundraising via SME IPOs touches new high in FY24

Fundraising via SME IPOs touches new high in FY24

Rediff.com2 Apr 2024

The initial public offerings (IPOs) by small and medium enterprises (SMEs) hit a new high in 2023-2024 (FY24). In this financial year, data from the Prime Database showed that 190 companies raised Rs 5,579 crore through the SME IPO route. This financial year's tally bettered the fundraising in the previous financial year when 125 companies raised Rs 2,235 crore.

Adani, Tata eye bigger pie in Mumbai power distribution

Adani, Tata eye bigger pie in Mumbai power distribution

Rediff.com6 May 2024

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.

SC to share case info with advocates through WhatsApp

SC to share case info with advocates through WhatsApp

Rediff.com25 Apr 2024

The announcement on integration of WhatsApp with its Information and Communications Technology (ICT) services was made by the CJI before a nine-judge bench headed by him commenced the hearing on the vexed legal question arising from the petitions about whether private properties can be considered "material resources of the community" under Article 39(b) of the Constitution, which is a part of the Directive Principles of State Policy (DPSP).

It's raining job promises in Odisha

It's raining job promises in Odisha

Rediff.com13 May 2024

Despite declining by three percentage points in 2022-23 (FY23) compared to FY19, Odisha's unemployment rate remains higher than the average in India.

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Rediff.com12 Apr 2024

Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on the back of robust demand for utility vehicles, industry body SIAM said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), the overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.

Moody's raises India's 2024 growth forecast to 6.8%

Moody's raises India's 2024 growth forecast to 6.8%

Rediff.com4 Mar 2024

Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.