News for 'remittance'

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.

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

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

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.

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.

'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.

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.

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.

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.

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.

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

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.

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.

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.

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?

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.

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.'

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.

Modi2: What does the future hold for India's Muslims?

Modi2: What does the future hold for India's Muslims?

Rediff.com27 May 2019

Over two dozen Muslims have been elected to the Lok Sabha. This shows that all is not lost for India's Muslims, suggests Mohammad Sajjad.

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.

Analysts see FY16 CAD at 0.5-0.6% of GDP

Analysts see FY16 CAD at 0.5-0.6% of GDP

Rediff.com12 Mar 2015

Analysts see FY16 CAD at 0.5-0.6% of GDP.

Zakir Naik's NGO donated Rs 50 lakh to Rajiv Gandhi Trust

Zakir Naik's NGO donated Rs 50 lakh to Rajiv Gandhi Trust

Rediff.com10 Sep 2016

The NGO had given donations to an allied entity of RGF in 2011 which engages in promoting girl education and providing money to needy for meeting hospital expenses.

CBI ends 3-day recording of Teesta, husband's statement

CBI ends 3-day recording of Teesta, husband's statement

Rediff.com20 Jul 2015

Activist Teesta Setalvad on Monday recorded her statement before the CBI in connection with a case against her firm for alleged violation of FCRA.

The importance of trade

The importance of trade

Rediff.com4 Dec 2017

'We do India great disservice if we continue to perpetuate a flawed narrative on trade, one based on myths rather than facts,' says Hardeep Singh Puri.

Indian funds, HNIs eye slice of Alibaba mega IPO

Indian funds, HNIs eye slice of Alibaba mega IPO

Rediff.com14 Sep 2014

High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.

Airtel payments bank goes online with highest SB interest rate

Airtel payments bank goes online with highest SB interest rate

Rediff.com13 Jan 2017

Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.