News for 'payments'

Trump's $100,000 H-1B visa fee rule kicks in; US releases FAQs

Trump's $100,000 H-1B visa fee rule kicks in; US releases FAQs

Rediff.com22 Sep 2025

The US Citizenship and Immigration Services (USCIS) in a 'H-1B FAQ' document, released on Sunday, said that the September 19 proclamation took an "important, initial, and incremental step" to reform the H-1B visa programme to curb abuses and protect American workers.

Sugar industry relieved as Centre allows 1.5 mt import

Sugar industry relieved as Centre allows 1.5 mt import

Rediff.com18 Nov 2025

Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.

Maha scraps controversial land deal involving Ajit Pawar's son

Maha scraps controversial land deal involving Ajit Pawar's son

Rediff.com7 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar says his son Parth was unaware that the land his company purchased in Pune belonged to the government. The controversial transaction has been cancelled, and a probe has been ordered.

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

Lenskart to launch IPO on Oct 31; aims to raise Rs 2,150-cr

Lenskart to launch IPO on Oct 31; aims to raise Rs 2,150-cr

Rediff.com26 Oct 2025

Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets.

How India Can Beat Global Tech Giants

How India Can Beat Global Tech Giants

Rediff.com18 Nov 2025

With a confident new generation of innovators, India now has the scale and self-belief to shape its own digital destiny marked by creation, observes Ajay Kumar chairman, UPSC.

ISL to get a tech makeover with video support system!

ISL to get a tech makeover with video support system!

Rediff.com17 Oct 2025

AIFF's RFP: No franchisee fee for clubs in ISL, commercial partner to provide video support system

Digital Arrest Scams: What You Must Know

Digital Arrest Scams: What You Must Know

Rediff.com11 Nov 2025

Senior citizens are particularly vulnerable due to their high savings, trust in authorities, and limited familiarity with online frauds.

How I Almost Lost My WhatsApp To A Scam

How I Almost Lost My WhatsApp To A Scam

Rediff.com19 Nov 2025

What looked like a delivery update quickly turned into a WhatsApp hijack, Rishika Shah discovered to her horror.

Indian-origin couple in Australia lose home for enslaving woman

Indian-origin couple in Australia lose home for enslaving woman

Rediff.com8 Nov 2025

An Indian-origin couple currently serving jail terms in Australia for enslaving a woman for eight years has been slapped with a fresh penalty and ordered to forfeit the proceeds from the sale of their home, police said.

The Delhi Blast: What We Know So Far

The Delhi Blast: What We Know So Far

Rediff.com20 Nov 2025

Ten days after the devastating car explosion near the Red Fort, in which 13 people lost their lives and several others were injured, investigators say the incident is part of a broader terror conspiracy involving a professional network of radicalised individuals based in Faridabad, Saharanpur and Kashmir.

How Fake PANs Help Hide Crooked Property Deals

How Fake PANs Help Hide Crooked Property Deals

Rediff.com23 Oct 2025

Quoting an incorrect PAN during property registration can invite penalties and prosecution.

Selling Land Is Not a Service, Rules Supreme Court

Selling Land Is Not a Service, Rules Supreme Court

Rediff.com12 Nov 2025

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.

Small ticket transactions drag avg retail payments value by 48% in 3 years

Small ticket transactions drag avg retail payments value by 48% in 3 years

Rediff.com27 Dec 2024

The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.

Fake ATS racket uses Pulwama threat to dupe Delhi man of Rs 9 lakh

Fake ATS racket uses Pulwama threat to dupe Delhi man of Rs 9 lakh

Rediff.com3 Nov 2025

A 32-year-old Delhi resident was allegedly duped of over Rs 9 lakh by a person posing as the chief of the Anti-Terrorism Squad (ATS) and accusing him of being involved in the Pulwama terror attack.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

Cashless Facility On Hold? How To Manage

Cashless Facility On Hold? How To Manage

Rediff.com15 Oct 2025

To handle the sudden loss of cashless facility, patients should maintain an emergency fund or a short-term credit line to manage all or part of hospitalisation costs.

US to continue using H-1B, other visa programmes

US to continue using H-1B, other visa programmes

Rediff.com13 Nov 2025

A US Homeland Security official says America will continue using the H-1B visa programme, emphasizing integrity and vetting, while highlighting increased naturalization rates under the Trump administration.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

Mumbai hostage-taker's work with govt under scanner

Mumbai hostage-taker's work with govt under scanner

Rediff.com31 Oct 2025

Maharashtra minister Dada Bhuse on Friday said he has sought a report regarding the work hostage-taker Rohit Arya had done with the education department.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

Vodafone Idea net loss narrows to Rs 5,524 crore in Q2

Vodafone Idea net loss narrows to Rs 5,524 crore in Q2

Rediff.com11 Nov 2025

Debt-ridden telecom operator Vodafone Idea on Monday said its consolidated net loss narrowed to Rs 5,524 crore in the second quarter ended September compared to the year-ago period, mainly on account of savings in finance cost on debt from banks and an increase in average revenue per user supported by a tariff hike.

Market maturity fuelled India's IPO boom, say i-bankers

Market maturity fuelled India's IPO boom, say i-bankers

Rediff.com30 Oct 2025

The domestic initial public offering (IPO) market is experiencing a significant surge, fuelled by the financialisation of savings, digital ease of investing, and expanding participation from both retail and institutional investors, investment bankers said on Wednesday.

Making Robots To Help Humanity

Making Robots To Help Humanity

Rediff.com24 Nov 2025

'Our vision is to innovate as many products as we can and solve as many problems as possible.'

How to Beat the Festive Debt Trap

How to Beat the Festive Debt Trap

Rediff.com5 Nov 2025

Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.

Hearing on Vi's plea over additional AGR demand deferred

Hearing on Vi's plea over additional AGR demand deferred

Rediff.com6 Oct 2025

The Supreme Court on Monday deferred to October 13 the hearing on a plea of telecom major Vodafone Idea Ltd seeking quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17.

Non-metro cities fuel India's online Diwali sales

Non-metro cities fuel India's online Diwali sales

Rediff.com20 Oct 2025

Non-metro cities drove this year's online Diwali shopping boom, accounting for nearly three-quarters of total e-commerce volume, with tier 3 cities contributing over 50 per cent, according to industry data. As per the industry data analysis of over 4.25 crore shipments by logistics intelligence platform ClickPost, these regions now represent the fastest and largest drivers of festive e-commerce, solidifying non-metro India's role as the epicentre of order volumes and growth.

Was US India's Ally Or Foe In The 1962 War?

Was US India's Ally Or Foe In The 1962 War?

Rediff.com18 Nov 2025

What appeared to be a generous act of friendship was, in truth, a manoeuvre within a much larger strategic game. The United States used the 1962 war not just to aid India but to test how far it could be pulled into the Western fold, points out Dr Kumar.

Vijay's TVK not a recognised political party: EC

Vijay's TVK not a recognised political party: EC

Rediff.com17 Oct 2025

The Election Commission of India informed the Madras High Court that actor Vijay's TVK is not a recognised political party during a hearing regarding a PIL seeking its derecognition following a stampede at a party rally.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

Local body polls soon? Maha cabinet takes 21 decisions in single day

Local body polls soon? Maha cabinet takes 21 decisions in single day

Rediff.com4 Nov 2025

A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.

'India's best example is technology': Modi while inviting global investors

'India's best example is technology': Modi while inviting global investors

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Thursday invited global businesses to participate in the growth story of India, which is the fastest growing large economy of the world.

Clean Chit for Air India, Says CEO Wilson

Clean Chit for Air India, Says CEO Wilson

Rediff.com30 Oct 2025

'We're always looking at how we can keep improving, keep getting better, and keep learning.'

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

ED arrests UP agent for duping investors through 'QFX' Ponzi fraud

ED arrests UP agent for duping investors through 'QFX' Ponzi fraud

Rediff.com26 Sep 2025

The Enforcement Directorate (ED) has arrested an agent based in Uttar Pradesh for allegedly defrauding investors through the 'QFX' Ponzi scheme. The agent, Navab Hassan, has been remanded to ED custody for nine days. This is the second arrest in the case, which involves multiple FIRs across several states.

Moody's downgrades Tata Motors' outlook over JLR incident

Moody's downgrades Tata Motors' outlook over JLR incident

Rediff.com29 Sep 2025

Moody's Ratings on Monday downgraded Tata Motors' outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover which has led to a complete production halt. The rating agency affirmed the Mumbai-based auto major's Ba1 corporate family rating (CFR).

Today IS the last day for ITR filing; no extension

Today IS the last day for ITR filing; no extension

Rediff.com15 Sep 2025

The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025.

'Shah Rukh Fighting Shah Rukh, Falling, Tumbling...'

'Shah Rukh Fighting Shah Rukh, Falling, Tumbling...'

Rediff.com12 Nov 2025

'In almost every film, Shah Rukhbhai has done a lot of his own stunts.'

EC bars bulk SMSes, political ads in Bihar's 'silent hour'

EC bars bulk SMSes, political ads in Bihar's 'silent hour'

Rediff.com14 Oct 2025

The Election Commission has warned against the use of bulk SMSes and audio messages during the 48-hour 'silence period' before the conclusion of voting in the Bihar assembly polls. The EC has also mandated pre-certification of political advertisements on electronic media, including social media.

Ola Electric founder booked after employee's suicide

Ola Electric founder booked after employee's suicide

Rediff.com20 Oct 2025

A case has been registered against the founder of Ola Electric and other senior officials following the suicide of an engineer who accused them of harassment and non-payment of dues.