News for 'national financial reporting authority'

Beware! The Yellow Dragon Is Awake!

Beware! The Yellow Dragon Is Awake!

Rediff.com2 Nov 2023

Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.

Karnataka HC calls for govt report on radical outfits behind hijab row

Karnataka HC calls for govt report on radical outfits behind hijab row

Rediff.com25 Feb 2022

The Karnataka high court on Friday said it has called for a report from the state government on the role of radical organisations behind the hijab controversy in the state.

Loan Default: Nitin Desai Lost Control Of Studio

Loan Default: Nitin Desai Lost Control Of Studio

Rediff.com2 Aug 2023

The financial creditor had approached district authorities in Raigad to take possession of ND Studio a few months ago.

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

More trouble for FIFA...Swiss authorities examine grants

More trouble for FIFA...Swiss authorities examine grants

Rediff.com25 Jun 2015

Swiss authorities are examining development grants made by FIFA around the world as part of their investigation.

Can India Get Nirav Modi, Vijay Mallya From The UK?

Can India Get Nirav Modi, Vijay Mallya From The UK?

Rediff.com1 Jun 2023

It is high time the Indian government signalled discomfort with the UK providing refuge to those accused of financial crimes in India, states Jaimini Bhagwati.

Gold Loans On RBI, Finance Ministry Radar

Gold Loans On RBI, Finance Ministry Radar

Rediff.com28 Mar 2024

Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.

'We have no policy to kill our enemies'

'We have no policy to kill our enemies'

Rediff.com28 Nov 2023

'Countries like Israel said openly that they will hunt people down. We have no such policy.' 'We have always been following the legal process of getting them (people wanted by India) through extradition.'

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

Rediff.com5 Feb 2024

India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.

Swiss authorities search FIFA HQ in corruption probe

Swiss authorities search FIFA HQ in corruption probe

Rediff.com3 Jun 2016

Swiss authorities have again searched the Zurich headquarters of FIFA and seized documents and electronic data in its corruption probe surrounding the global soccer body, the Swiss attorney general's office said on Friday.

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

Corporate affairs ministry assessing need to ramp up bench strength of NCLT

Corporate affairs ministry assessing need to ramp up bench strength of NCLT

Rediff.com22 Aug 2023

The Ministry of Corporate Affairs (MCA) is contemplating an increase to the existing strength of the National Company Law Tribunal (NCLT) benches to handle the growing case load. The ministry is currently analysing the time taken by each bench to dispose of matters and the total number of cases being handled by each bench. "We need to first determine our requirement, given that the NCLT handles both Company Act and insolvency and bankruptcy matters. "The latter constitutes the majority of the case burden.

'Mumbai needs a CEO to become a global financial hub'

'Mumbai needs a CEO to become a global financial hub'

Rediff.com5 Dec 2014

There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Rediff.com22 Jun 2023

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.

Pak removes Lakhvi, many others from terrorist watch list: Report

Pak removes Lakhvi, many others from terrorist watch list: Report

Rediff.com21 Apr 2020

The list in 2018 contained about 7,600 names. It has been reduced to under 3,800 in the past 18 months, according to Castellum.AI, a New York-based regulatory technology company. About 1,800 of the names have been removed since the beginning of March, according to data collected by Castellum.

India's National Security is being transformed

India's National Security is being transformed

Rediff.com22 Oct 2018

Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

Qatar sovereign fund in talks for stake in Reliance Retail

Qatar sovereign fund in talks for stake in Reliance Retail

Rediff.com26 Jul 2023

Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about $1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-growing Indian market and has entered into a discussion to buy about 1 per cent stake in Reliance Retail Ventures, sources with knowledge of the matter said. Talks, sources said, are at a preliminary stage and being led by an executive director on the board of parent Reliance Industries Ltd.

Panel says Big 4 auditing firms are not 'multinationals'

Panel says Big 4 auditing firms are not 'multinationals'

Rediff.com12 Nov 2018

'These firms do not contravene provisions of Chartered Accountants Act, 1949, which bar members of the countries not allowing Indians to practice accountancy in their jurisdiction to become chartered accountants in India,' said the committee, headed by Anurag Agarwal, a joint secretary in the ministry of corporate affairs, and such Indian audit firms cannot be equated with multi-national corporations.

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Rediff.com4 Dec 2023

Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.

Pakistan suffers major power outage across cities

Pakistan suffers major power outage across cities

Rediff.com23 Jan 2023

According to the Ministry of Energy, the system of frequency of the national grid went down at 7:34 am local time, resulting in the breakdown.

Regulators monitoring firms that can crash the financial system

Regulators monitoring firms that can crash the financial system

Rediff.com30 Dec 2013

Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.

10 ways the Price Waterhouse fallout changed auditing in India

10 ways the Price Waterhouse fallout changed auditing in India

Rediff.com10 Apr 2015

PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.

'Kerala CM, ministers shameless': Guv steps up attack

'Kerala CM, ministers shameless': Guv steps up attack

Rediff.com13 Dec 2023

The Governor and the ruling LDF in the state have been at loggerheads since the Supreme Court verdict quashing the reappointment of Gopinath Ravindran as VC of Kannur University and berating the Left government for its "unwarranted intervention" in the matter.

How UK became Global Money Laundromat

How UK became Global Money Laundromat

Rediff.com12 Sep 2023

A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.

'Rahul comes across as INDIA's villain'

'Rahul comes across as INDIA's villain'

Rediff.com1 Feb 2024

'It is not his doing, but Rahul Gandhi is forced by circumstances.' 'In taking political decisions, everything has to get his clearance.'

Lessons To Be Learnt From Nitin Desai's Death

Lessons To Be Learnt From Nitin Desai's Death

Rediff.com25 Aug 2023

We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.

Dead patients getting treatment under PM-JAY? Health Ministry replies

Dead patients getting treatment under PM-JAY? Health Ministry replies

Rediff.com17 Aug 2023

The reports also claim that the same beneficiary had been found to avail treatment at two hospitals at the same time.

India gets details of hundreds of Swiss bank accounts in 4th tranche

India gets details of hundreds of Swiss bank accounts in 4th tranche

Rediff.com10 Oct 2022

India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.

Farmers refuse to cremate dead protester till case booked

Farmers refuse to cremate dead protester till case booked

Rediff.com23 Feb 2024

Farmer leaders participating in the 'Delhi Chalo' agitation on Friday said the cremation of Shubhkaran Singh, who died amid clashes between Haryana Police and Punjab farmers, will not take place till the Punjab government registers a case against those responsible it.

Extras: City's appeal against financial probe thrown out

Extras: City's appeal against financial probe thrown out

Rediff.com15 Nov 2019

News of all that transpired on and off the football field.

McKinsey's secret $5-billion fund in spotlight: Financial Times

McKinsey's secret $5-billion fund in spotlight: Financial Times

Rediff.com7 Jun 2016

The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.

Assam govt seeks public opinion on law against polygamy

Assam govt seeks public opinion on law against polygamy

Rediff.com21 Aug 2023

Sharing a government public notice on 'X', formerly Twitter, Sarma appealed to the people to send their suggestions on the proposed law to ban polygamy in Assam.

The story of tax havens and financial secrecy

The story of tax havens and financial secrecy

Rediff.com29 Apr 2016

Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.

Uttar Pradesh adds 126,000 new investors in April; Maharashtra loses pull

Uttar Pradesh adds 126,000 new investors in April; Maharashtra loses pull

Rediff.com15 Jun 2023

The state with the most people has displaced the state with the largest economy in terms of investor additions. Uttar Pradesh (UP) added 126,000 new investors in April, reveals National Stock Exchange (NSE) disclosures. This is higher than Maharashtra's 118,000. Maharashtra, which is home to India's financial capital of Mumbai, has traditionally been the biggest source of investors.

BCCI complies with national anti-doping agency

BCCI complies with national anti-doping agency

Rediff.com9 Aug 2019

The BCCI had been vehemently opposed to signing up with NADA, claiming that it is an autonomous body, not a National Sports Federation and does not rely on government funding.

Women entrepreneurs can generate 150-170 mn jobs in India: Report

Women entrepreneurs can generate 150-170 mn jobs in India: Report

Rediff.com19 Feb 2020

Accelerating quantity and quality of entrepreneurship towards benchmarks from high-performing countries and Indian states can create over 30 million women-owned enterprises, of which 12 million can generate employment, a joint report by Bain & Company and Google said.