News for 'remittance'

11 schemes that may have won Modi the 2019 election

11 schemes that may have won Modi the 2019 election

Rediff.com29 May 2019

Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.

Big opportunity in small & payment banks for IT cos: Nasscom

Big opportunity in small & payment banks for IT cos: Nasscom

Rediff.com6 Sep 2015

The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.

Lost your job? 6 lessons to tide over the crisis

Lost your job? 6 lessons to tide over the crisis

Rediff.com7 Jun 2016

Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.

PM Modi looks forward to productive G20 meet in China

PM Modi looks forward to productive G20 meet in China

Rediff.com2 Sep 2016

PM Modi to travel to Vietnam before going to China to attend G20 summit.

Mallya diverted Rs 3,700 cr bank loan to F1, IPL and for pvt jet sorties: ED

Mallya diverted Rs 3,700 cr bank loan to F1, IPL and for pvt jet sorties: ED

Rediff.com18 Jun 2018

The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.

1st set of differential bank licences by month-end: Rajan

1st set of differential bank licences by month-end: Rajan

Rediff.com4 Aug 2015

RBI had received 72 applications for small finance bank licences.

CAD dips to $8.2 billion in September quarter

CAD dips to $8.2 billion in September quarter

Rediff.com23 Dec 2015

India's balance of payments in negative territory.

Sun Group and I are not tax dodgers, says Kalanithi Maran

Sun Group and I are not tax dodgers, says Kalanithi Maran

Rediff.com24 Jul 2015

Maran challenged reports that he and another company official have been summoned as accused by a Delhi court in two tax evasion cases

India, Singapore agree to deepen economic and defence ties

India, Singapore agree to deepen economic and defence ties

Rediff.com1 Jun 2018

Modi hailed the close defence cooperation between the two countries and welcomed the completion of the logistics agreement between the two navies.

Bandhan gets equity investment of Rs 1,600 crore

Bandhan gets equity investment of Rs 1,600 crore

Rediff.com20 Jan 2015

Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.

Why govt's digital payment app has lost steam

Why govt's digital payment app has lost steam

Rediff.com4 Dec 2017

The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem

PNB fraud: More heads to roll in the jewellery sector

PNB fraud: More heads to roll in the jewellery sector

Rediff.com19 Feb 2018

Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks

India beats China, becomes biggest gold consumer

India beats China, becomes biggest gold consumer

Rediff.com28 Oct 2015

India's jewellery consumption in Sept quarter increases 5% to 193 tonnes.

Rollback of RBI's liquidity curbs likely by October: Barclays

Rollback of RBI's liquidity curbs likely by October: Barclays

Rediff.com6 Sep 2013

Steps announced by new RBI Governor Raghuram Rajan could attract $10 billion of forex inflows in the next three months and this could be a material near-term positive for the rupee, which has lost 20 per cent since January, the London-based banking and financial services company said.

Why did 24 Indians die off the Panama coast?

Why did 24 Indians die off the Panama coast?

Rediff.com3 Feb 2016

Lack of opportunities coupled with a desire to get rich quick in the West is fueling Punjab's human trafficking problem.

Final norms on small, payments banks by November: RBI

Final norms on small, payments banks by November: RBI

Rediff.com30 Sep 2014

Draft guidelines for Small Banks and Payments Banks were issued by the RBI in July and comments were invited till August 28.

VVIP scam: Court issues fresh warrant against Christian Michel

VVIP scam: Court issues fresh warrant against Christian Michel

Rediff.com7 Jan 2017

A special court on Saturday issued fresh summons against three accused in a money laundering case related to the Rs 3,600 crore VVIP chopper deal in which it had earlier issued an open-ended non-bailable warrant against British national and alleged middleman Christian Michel James.

Does strong rupee reflect economic strength?

Does strong rupee reflect economic strength?

Rediff.com23 May 2017

There is merit in considering whether merchandise exports can be facilitated by halting if not reversing the rupee's appreciation, says T N Ninan.

Agusta case: CBI remand of Christian Michel extended

Agusta case: CBI remand of Christian Michel extended

Rediff.com11 Dec 2018

The probe agency sought nine days further remand of Michel for his custodial interrogation saying he was not cooperating in the investigation of the case.

Obama's new initiative to boost entrepreneurs, jobs in India

Obama's new initiative to boost entrepreneurs, jobs in India

Rediff.com27 Jan 2015

US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.

India may see current account surplus after 7 yrs: Nomura

India may see current account surplus after 7 yrs: Nomura

Rediff.com19 Jan 2015

Nomura has forecast the rupee at 61.6 against the dollar in Q1 and at 62 by Q4 of 2015.

'Budget 2018 certainly obliged the masses'

'Budget 2018 certainly obliged the masses'

Rediff.com20 Feb 2018

It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.

How to reverse India's trade deficit

How to reverse India's trade deficit

Rediff.com24 Apr 2017

A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.

Foreign aid for Kerala: Union minister appeals to make 'one-time exception'

Foreign aid for Kerala: Union minister appeals to make 'one-time exception'

Rediff.com23 Aug 2018

National Disaster Management Authority had in 2016 suggested assistance offered as a goodwill gesture 'may' be accepted.

Internet access has to be an open platform; it can't be a walled garden: Nandan Nilekani

Internet access has to be an open platform; it can't be a walled garden: Nandan Nilekani

Rediff.com16 Feb 2016

Nandan Nilekani talks about moving towards a cashless economy and freedom of Internet, among others

Sensex ends up 116 points, Nifty closes at record high

Sensex ends up 116 points, Nifty closes at record high

Rediff.com30 Mar 2017

The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high

What will Sharif do now?

What will Sharif do now?

Rediff.com25 Jul 2017

The Panama verdict will decide how Pakistan handles its leadership problems.

The coup that changed India's Diaspora policy

The coup that changed India's Diaspora policy

Rediff.com7 Jan 2015

As India gears up to honour its pravasis on January 9 to mark their contribution in the nation's development, rediff.com presents perspectives from eminent writers on the Diaspora. Kicking off the series is Ambassador T P Sreenivasan, who points out that the change of the Diaspora policy put in place by Rajiv Gandhi following the military coup in Fiji and his decision to stand by them, was the one defining moment in India's dealings with its overseas family.

How best to nurse the weak banks back to health

How best to nurse the weak banks back to health

Rediff.com5 Nov 2018

The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.

Balance of payments: Why we should not be complacent

Balance of payments: Why we should not be complacent

Rediff.com8 Oct 2015

Stability in currency markets was only restored from September.

Why Modi is absolutely wrong to compare Kerala with Somalia

Why Modi is absolutely wrong to compare Kerala with Somalia

Rediff.com13 May 2016

Comparing a state like Kerala with a nation like Somalia shows disconnect unbecoming of a prime minister, says Uttaresh Venkateshwaran.

Losing Bihar's middle ground

Losing Bihar's middle ground

Rediff.com21 Jul 2017

Why are far right Hindu organisations growing in strength? Why is there a rising subscription to Neo-Wahabism, the Saudi Arabian version of contemporary Islam?

It will be difficult to fill Hamid Ansari's shoes

It will be difficult to fill Hamid Ansari's shoes

Rediff.com10 Jul 2017

'It is to be fervently hoped that a person as rational and brilliant as Hamid Ansari will not be allowed to wilt and simply wither away.'

15 takeaways from the Balakot air strike

15 takeaways from the Balakot air strike

Rediff.com11 Mar 2019

Indians must remember that Pakistanis hate losing to India, at war or in cricket, says Sanjeev Nayyar.

Another shocker! Rupee hits new bottom against Pound

Another shocker! Rupee hits new bottom against Pound

Rediff.com20 Aug 2013

The rupee has depreciated by about 25 per cent in the past three months, from close to Rs 83 in mid-May, while it was even higher at about Rs 80 against the British Pound in March.

Markets plunge: 263 stocks crash on BSE

Markets plunge: 263 stocks crash on BSE

Rediff.com20 Aug 2013

In line with a weak stock market where benchmark Sensex plunged nearly 300 points, as many as 263 stocks hit their respective one-year lows on BSE on Monday.

Rest easy, the economy is not back to 1991: Kaushik Basu

Rest easy, the economy is not back to 1991: Kaushik Basu

Rediff.com19 Aug 2013

Recently, Prime Minister Manmohan Singh had also ruled out the possibility of India witnessing a repeat of the 1991 balance of payments crisis and reversing the path to globalisation of economy.

RBI junks rumours of controlling FII money

RBI junks rumours of controlling FII money

Rediff.com16 Aug 2013

Top sources in RBI blamed 'unwarranted rumours' about controls on foreign institutional investors' money to the nearly 770 point drop in the benchmark Sensex and rupee dipping to its lowest levels.

Aadhaar must for opening bank a/c, transaction over Rs 50K

Aadhaar must for opening bank a/c, transaction over Rs 50K

Rediff.com16 Jun 2017

The government in Budget 2017 has already mandated seeding of Aadhaar number with Permanent Account Number to avoid individuals using multiple PANs to evade taxes.