News for 'payment security'

Health Insurance: What You Must Know!

Health Insurance: What You Must Know!

Rediff.com24 Jun 2024

Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.

3 Indians accused of killing Nijjar appear in court

3 Indians accused of killing Nijjar appear in court

Rediff.com8 May 2024

All three agreed to have the proceedings heard in English and each of them nodded that they understood the charges of first-degree murder and conspiring to murder Nijjar, the report said.

NSEL's formula to resolve payment crisis

NSEL's formula to resolve payment crisis

Rediff.com5 Aug 2013

Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues

FMCG supply gridlock: Demand falls, inventory adds up

FMCG supply gridlock: Demand falls, inventory adds up

Rediff.com22 Nov 2023

The supply chain for fast-moving consumer goods (FMCG) companies is seeing congestion due to persistently low demand. This has led to an increase in inventory days, with stocks accumulating at distributors and compelling them to extend higher credit periods to retailers. Distributors, Business Standard spoke to, revealed that demand inventory days have more than doubled in some cases, forcing them to offer credit terms as long as 45 days to retailers, as consumer offtake continues to face pressure.

Your Outstanding Income Tax Can Be Waived If...

Your Outstanding Income Tax Can Be Waived If...

Rediff.com16 Mar 2024

Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

Cashless payments: quicker and safer

Cashless payments: quicker and safer

Rediff.com23 Jun 2005

Why payment banks are not a good option

Why payment banks are not a good option

Rediff.com1 Dec 2014

Payment banks may not be viable option to attain financial inclusion.

Are you paying property tax? If not, read this now

Are you paying property tax? If not, read this now

Rediff.com11 Mar 2024

Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

Not perturbed over withdrawal of Payments Bank licences: Rajan

Not perturbed over withdrawal of Payments Bank licences: Rajan

Rediff.com7 Jun 2016

Last August, RBI gave in-principle approval to 11 applicants.

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

Is Son Preference Hurting India?

Is Son Preference Hurting India?

Rediff.com9 Feb 2024

A cultural preference for sons in India may be expressed as 'son preference' or 'daughter aversion', arising from patrilocality, patrilineality, the cost of dowry, and old-age support from sons.

Why KYC Is Important

Why KYC Is Important

Rediff.com5 Mar 2024

'Clients deemed higher-risk are required to update their KYC more frequently.'

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

Rediff.com22 Jan 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

'Middle Class Won't Be Affected By Indexation'

'Middle Class Won't Be Affected By Indexation'

Rediff.com26 Jul 2024

'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'

Improving working capital, project execution key to rally in BHEL's stock

Improving working capital, project execution key to rally in BHEL's stock

Rediff.com10 Dec 2023

Bharat Heavy Electricals Ltd (BHEL) is India's largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL's equipment and services. BHEL has historically held over 70 per cent market share in power projects.

Floating-rate savings bonds on RBI portal may not be instant hit

Floating-rate savings bonds on RBI portal may not be instant hit

Rediff.com1 Nov 2023

Retail investors could be hesitant to invest in floating rate savings bonds, as these specific bonds tend to be profitable only in a rising rate environment, according to market participants. The Reserve Bank of India has allowed subscriptions for floating-rate savings bonds, 2020, via retail direct - an online portal that enables individual investors to purchase government securities.

Reliance says deal with Future group is off after secured creditors vote it down

Reliance says deal with Future group is off after secured creditors vote it down

Rediff.com23 Apr 2022

Reliance Industries on Saturday said its Rs 24,713-crore deal with the Future Group cannot go ahead as secured creditors of the latter have voted against it.

3 Tips To Choose Home Loan Lender Wisely

3 Tips To Choose Home Loan Lender Wisely

Rediff.com20 Sep 2023

Your awareness about the effect of the home loan tenure and EMI on your loan empowers you to take better decisions, explains Gaurav Mohta.

'How can I build a corpus of Rs 2 cr in 2 years?'

'How can I build a corpus of Rs 2 cr in 2 years?'

Rediff.com4 Apr 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

Prize money for Olympic gold-winning athletes is a good start: Neeraj

Prize money for Olympic gold-winning athletes is a good start: Neeraj

Rediff.com11 Apr 2024

Star javelin thrower Neeraj Chopra on Thursday lauded World Athletics' decision to award USD 50,000 to all its gold-medallists in the Paris Olympic Games and said he would like to see such incentive being given in other global competitions as well.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

Paytm looking for non-banking CEO for payments bank

Paytm looking for non-banking CEO for payments bank

Rediff.com14 Sep 2015

In August, RBI allowed 11 business houses to start a payments bank.

'For Pakistan Army, Imran Is A No-Go'

'For Pakistan Army, Imran Is A No-Go'

Rediff.com19 Feb 2024

'Will Imran compromise with the army? We are all human beings. We all compromise.'

Shooters surveyed Salman's Panvel farmhouse before Bandra house attack

Shooters surveyed Salman's Panvel farmhouse before Bandra house attack

Rediff.com19 Apr 2024

Two men arrested for firing outside Bollywood superstar Salman Khan's residence in Mumbai had conducted a survey of his farm house at Panvel in adjoining Raigad district four days before the shooting incident, police said on Thursday.

Paytm's Q1 earnings may be a blip; analysts positive on the stock

Paytm's Q1 earnings may be a blip; analysts positive on the stock

Rediff.com1 Aug 2023

While analysts assessed One97 Communications (Paytm) Q1FY24 results as in-line with guidance, the market was disappointed and the stock fell by around 5 per cent. Paytm reported a net loss of Rs 360 crore, but revenue grew 39 per cent year-on-year (YoY) to Rs 2,340 crore. It was supported by strong growth in gross merchandising value (GMV), higher disbursements and the addition of subscription devices.

Key highlights of G20 New Delhi Leaders' declaration

Key highlights of G20 New Delhi Leaders' declaration

Rediff.com9 Sep 2023

Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.

Paytm: Still on course to achieve its guidance of going cashflow positive

Paytm: Still on course to achieve its guidance of going cashflow positive

Rediff.com13 Sep 2023

The One97 Communications stock saw a surge in interest as the company's operating performance update for August was considered positive by the Street. In addition, there was a news buzz as the company released a new hitech soundbox, which has longer battery life and processes all major cards. The performance indicates that the company, which is better known by its Paytm brandname, is still on course to achieve its guidance of going cashflow positive by the end of the 2023-24 financial year (FY24).

Maha Guv speaks to minister over Arnab's security, health

Maha Guv speaks to minister over Arnab's security, health

Rediff.com9 Nov 2020

The governor had earlier conveyed to Deshmukh his concern over the manner in which Goswami was arrested, the statement said.

The 58-year-old woman overseeing India's $4.7 trillion equities market

The 58-year-old woman overseeing India's $4.7 trillion equities market

Rediff.com12 Mar 2024

Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

Rediff.com29 May 2023

The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Rediff.com1 Mar 2024

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.

Travellers from G20 nations can use UPI in India: RBI

Travellers from G20 nations can use UPI in India: RBI

Rediff.com8 Feb 2023

The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood.

Fuel to SpiceJet only on immediate payment, say oil cos

Fuel to SpiceJet only on immediate payment, say oil cos

Rediff.com17 Dec 2014

SpiceJet grounded all its aircraft due to payment woes

Govt issues LoI to Tatas for sale of Air India

Govt issues LoI to Tatas for sale of Air India

Rediff.com11 Oct 2021

The government on Monday issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline's debt. Subsequent to that, an LoI has now been issued to Tata confirming the government's willingness to sell its 100 per cent stake in the airline.

Street disappointed with SBI Card's Q4 performance

Street disappointed with SBI Card's Q4 performance

Rediff.com8 May 2024

SBI Cards & Payment Services reported mixed results for the January-March quarter (Q4) of FY24. While it managed to deliver strong earnings growth, it saw a perceptible decline in net interest margin (NIM) and suffered deteriorating asset quality. Taken together, the market was disappointed with the share dropping 3.5 per cent.

Applying For Home Loan? Read This!

Applying For Home Loan? Read This!

Rediff.com15 Feb 2024

Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.

FM announces revamped credit guarantee scheme for MSMEs

FM announces revamped credit guarantee scheme for MSMEs

Rediff.com1 Feb 2023

In her Budget 2023-24 presentation, she also said the Centre will launch the 'Dekho Apna Desh' initiative to promote domestic tourism.

Digital transactions will soon exceed cash in India: Modi

Digital transactions will soon exceed cash in India: Modi

Rediff.com21 Feb 2023

Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country. Modi after the launch of the cross-border connectivity between the UPI and PayNow of Singapore said about 74 billion transactions amounting to more than Rs 126 trillion, which is approximately 2 trillion Singapore dolla, was done through UPI in 2022. "Many experts are estimating that very soon India's digital wallet transactions are going to overtake cash transactions," he said.