News for 'payment systems act'

Gujarat polls: Congress promises farm loan waiver, Indira canteens, special quota

Gujarat polls: Congress promises farm loan waiver, Indira canteens, special quota

Rediff.com5 Dec 2017

The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.

Rafale will be game-changer, govt had no role in selecting partner: IAF chief

Rafale will be game-changer, govt had no role in selecting partner: IAF chief

Rediff.com3 Oct 2018

Meanwhile, Congress president Rahul Gandhi took a swipe at the Modi government and Anil Ambani over the Rafale issue, saying that in order to bag India's biggest defence contracts one has to be a "defaulter of Rs 45,000 crore" and have "no relevant experience".

How distorted laws are helping India Inc to bypass FDI rules

How distorted laws are helping India Inc to bypass FDI rules

Rediff.com3 Jan 2017

Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.

'IPC to be amended to punish racism against northeasterners,' says HC

'IPC to be amended to punish racism against northeasterners,' says HC

Rediff.com8 Jul 2015

Calling people of the northeastern region by "derogatory" names will soon become a non-bailable offence and land you in jail for up to five years.

Beware! Your employer can cut your salary sharply

Beware! Your employer can cut your salary sharply

Rediff.com8 Feb 2017

While diligent paperwork helps claim tax benefits, with employers under pressure from the government, any lapse in documentation by an employee will lead to sharp cuts in salary.

FULL TEXT of PM Modi's I-Day address

FULL TEXT of PM Modi's I-Day address

Rediff.com15 Aug 2019

Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.

US Senate passes sanctions bill against Russia, Iran, N Korea

US Senate passes sanctions bill against Russia, Iran, N Korea

Rediff.com28 Jul 2017

The bill now heads to the White House for President Donald Trump's approval.

Shikha Sharma on the new NPA rules and the future of Axis Bank

Shikha Sharma on the new NPA rules and the future of Axis Bank

Rediff.com19 May 2017

Axis Bank Managing Director & Chief Executive Officer Shikha Sharma on the new mechanism for non-performing loans, the bank's loan portfolio, industry outlook and the bank's future plans.

Coal scam: 'CBI is incapable of finding the truth'

Coal scam: 'CBI is incapable of finding the truth'

Rediff.com13 Jul 2017

'Officers have been made the scapegoat for political failure.' 'No effort has been made to find out who scuttled the prime minister's decision to introduce competitive bidding and why and at whose instance.'

Oil sector woes not addressed, firms reel under pressure

Oil sector woes not addressed, firms reel under pressure

Rediff.com1 Mar 2015

Custom duties, a major concern for the oil sector.

Sheena Bora Trial: The man with the pistol

Sheena Bora Trial: The man with the pistol

Rediff.com17 Jun 2019

'He had a carry bag made of plastic. One pistol came out of it. There was also a magazine which had three rounds. And a mobile and a Rs 100 currency note.' No prizes for guessing who that was...

Bribery, bad loans and India's nationalised banks

Bribery, bad loans and India's nationalised banks

Rediff.com15 Aug 2014

The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.

'Huge potential for affordable and middle-income housing to grow'

'Huge potential for affordable and middle-income housing to grow'

Rediff.com19 Dec 2017

Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.

Is RBI's forex swapping window actually useful?

Is RBI's forex swapping window actually useful?

Rediff.com4 Sep 2013

RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?

How to make Jan Dhan Yojana a successful scheme

How to make Jan Dhan Yojana a successful scheme

Rediff.com8 Sep 2014

The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.

'Aadhaar is a major national security risk'

'Aadhaar is a major national security risk'

Rediff.com27 Sep 2018

'If your data is hacked you cannot go to court. Only UIDAI can go to court.' 'UIDAI is lying that Aadhaar is completely secure.'

'No anti-worker steps will be taken by the government'

'No anti-worker steps will be taken by the government'

Rediff.com24 May 2016

'Now, we have a minimum pension of Rs 1,000 annually.'

What the government overlooked about the economy

What the government overlooked about the economy

Rediff.com18 Nov 2016

The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.

E-commerce draft policy plugs gifting loophole for foreign sites

E-commerce draft policy plugs gifting loophole for foreign sites

Rediff.com5 Mar 2019

Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.

Rajnath says more surgical strikes can't be ruled out

Rajnath says more surgical strikes can't be ruled out

Rediff.com4 Feb 2017

He also dismissed as 'a mere eye wash' the house arrest of Lashkar-e-Tayyaba chief Hafiz Saeed.

How to make GST work: Here's what the experts have to say

How to make GST work: Here's what the experts have to say

Rediff.com8 Aug 2016

Experts share their views on the steps that will help businesses become GST-ready.

Pilot study in 3 UTs shows why cash in lieu of PDS won't work

Pilot study in 3 UTs shows why cash in lieu of PDS won't work

Rediff.com3 Feb 2017

The research found that 50% of the people were receiving either nothing or less cash than they were entitled in lieu of the subsidised grains that were stopped under the pilots starting from September 2015 till May 2016.

Radia Tapes: CBI registers eight fresh preliminary enquiries

Radia Tapes: CBI registers eight fresh preliminary enquiries

Rediff.com23 Oct 2013

The Central Bureau of Investigation on Wednesday registered eight more preliminary enquiries in connection with issues related to intercepted phone calls of lobbyist Niira Radia against former Jharkhand Chief Minister Madhu Koda, Reliance Industries Limited and others in separate cases.

Secret behind Philips' success? It's 'Made in India'

Secret behind Philips' success? It's 'Made in India'

Rediff.com2 Feb 2015

Global management recognised India's potential.

Nanny Terror in New York

Nanny Terror in New York

Rediff.com16 Dec 2013

No theory would ever justify the public humiliation of the acting head of the consulate of a friendly country. Whatever be the eventual solution, grievous damage has been done to her personally and to the relations between the two countries, says Ambassador T P Sreenivasan.

Troubles for listed MNCs to increase in India

Troubles for listed MNCs to increase in India

Rediff.com25 Mar 2014

Compared to their Indian peers, MNCs have higher return ratios.

Modi & Obama's back-room boys broke impasse on N-deal in London

Modi & Obama's back-room boys broke impasse on N-deal in London

Rediff.com27 Jan 2015

The agreement was reached in intensive negotiations between contact groups that Obama and Modi had set up in September.

'Country comes first, trade with Pakistan comes second'

'Country comes first, trade with Pakistan comes second'

Rediff.com27 Sep 2016

'Trade cannot take place when there is no trust.'

US Fed likely to hike rates: How should India cope?

US Fed likely to hike rates: How should India cope?

Rediff.com15 Sep 2015

All evidence suggests that the US Federal Reserve will raise interest rates soon.

Uber, Baazee.com redux?

Uber, Baazee.com redux?

Rediff.com17 Dec 2014

The Information Technology Act needs another tweak to allow a different kind of information intermediary to flourish, says Ajit Balakrishnan.

Govt to push insurance sector reforms despite opposition

Govt to push insurance sector reforms despite opposition

Rediff.com21 Dec 2014

Govt is keen to push reforms in the insurance sector.

Confused about the Budget proposals? Please read this

Confused about the Budget proposals? Please read this

Rediff.com1 Mar 2015

Indian economy about to take-off

How the banking crisis will hit Indian economy

How the banking crisis will hit Indian economy

Rediff.com18 Jul 2016

A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.

Mines Bill passed, auction likely in June

Mines Bill passed, auction likely in June

Rediff.com20 Mar 2015

A bill to auction coal mines is also likely to be passed later.

10 reasons why India won't grow at 8% plus

10 reasons why India won't grow at 8% plus

Rediff.com16 Jun 2016

The prospects for strong, sustained economic reforms do not appear to be promising in India.

Don't leave finance to the financiers

Don't leave finance to the financiers

Rediff.com9 Sep 2014

A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.

The only purpose note ban served

The only purpose note ban served

Rediff.com4 Sep 2017

With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?

High & mighty of India Inc faced the music in 2014

High & mighty of India Inc faced the music in 2014

Rediff.com2 Jan 2015

The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.

FIFA scandal: Banks did not do enough, says global agency

FIFA scandal: Banks did not do enough, says global agency

Rediff.com22 Jun 2015

A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.

Government faces flak over Finance Bill in Rajya Sabha

Government faces flak over Finance Bill in Rajya Sabha

Rediff.com27 Mar 2017

The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.