News for 'remittance'

Lessons from Tripura

Lessons from Tripura

Rediff.com6 Mar 2018

'The Communist rule in Tripura was exceptional while it lasted for a quarter century in giving good governance.' 'The chief minister himself was the paragon of virtues in his dedication in public life.' 'But all that still didn't add up when the BJP's dream merchants came up with their famous 'development agenda'.' 'One thing that emerges indisputably in the Tripura election results is that needs and aspirations more or less narrow down to one little word -- jobs,' says M K Bhadrakumar.

India's push to offer banking for all stumbles on empty accounts

India's push to offer banking for all stumbles on empty accounts

Rediff.com12 Jun 2015

The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.

NEET 2018: What's new about the medical entrance exam?

NEET 2018: What's new about the medical entrance exam?

Rediff.com9 Feb 2018

Now candidates can appear for NEET any number of times.

Peaceful and secure neighbourhood will yield 'rich dividends' for SAARC, says India

Peaceful and secure neighbourhood will yield 'rich dividends' for SAARC, says India

Rediff.com16 Mar 2016

India said it firmly believes that a peaceful and secure neighbourhood will yield "rich dividends" for SAARC nations.

How the blockchain can transform the financial world

How the blockchain can transform the financial world

Rediff.com12 Jul 2016

The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.

Why India is expected to weather global volatility

Why India is expected to weather global volatility

Rediff.com5 Oct 2015

India's real GDP growth is set to exceed 7 per cent for CY-2015.

The big flaws that nailed payments banks

The big flaws that nailed payments banks

Rediff.com30 May 2016

The RBI has created a stunted business model by which payment banks are supposed to shoulder the noble objective of financial inclusion without being able to make much money.

Winsome becomes a headache for banks and investors

Winsome becomes a headache for banks and investors

Rediff.com6 Dec 2013

The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.

Indian banks scale down Singapore exposure

Indian banks scale down Singapore exposure

Rediff.com4 Aug 2014

Move comes after the country's monetary authority tightened credit norms

An India-Israel reset is overdue

An India-Israel reset is overdue

Rediff.com23 Nov 2016

India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.

Is Rajan panel report a setback for poor states?

Is Rajan panel report a setback for poor states?

Rediff.com26 Sep 2013

The Raghuram Rajan committee report for evolving a composite development index of states, submitted to the finance ministry today, has a note of dissent from member Shaibal Gupta.

2007 Hyd blasts: Bombs made in Mangalore; financed from Gulf

2007 Hyd blasts: Bombs made in Mangalore; financed from Gulf

Rediff.com13 Sep 2013

Investigators from the National Investigating Agency have found that the bombs used in the August 25, 2007 Hyderabad blasts that killed 42 people, were prepared in the heart of Mangalore city, and the finances came from a dedicated network in Saudi Arabia. Vicky Nanjappa reports.

HC stays proceedings against Sonia's aide in DA case

HC stays proceedings against Sonia's aide in DA case

Rediff.com26 Aug 2013

Congress president Sonia Gandhi's close aide Vincent George on Monday got some relief from the Delhi high court which stayed trial court proceedings against him in a 12-year-old disproportionate assets case.

S&P maintains negative outlook on India's rating

S&P maintains negative outlook on India's rating

Rediff.com20 Aug 2013

Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.

Why the Sensex tanked over 700 points in intra-day trade

Why the Sensex tanked over 700 points in intra-day trade

Rediff.com16 Aug 2013

The rupee on Friday touched an all-time low of 62.03 to a dollar, spooking the equities market and dragging the Sensex down to 18,621.39 in the afternoon.

With US interest rates heading upwards, how will India fare?

With US interest rates heading upwards, how will India fare?

Rediff.com17 Jun 2016

Higher interest rates in the US do not necessarily coincide with capital outflows.

Stringent law on anvil for services data

Stringent law on anvil for services data

Rediff.com26 Oct 2015

A Collection of Services Trade Statistics Act is being thought of.

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

CBI fined Rs 10,000 in Navy war room leak case

CBI fined Rs 10,000 in Navy war room leak case

Rediff.com14 Nov 2014

The Central Bureau of Investigation has faced the ire of a special court which imposed Rs 10,000 cost on it for "unnecessarily" delaying the proceedings by not appointing a prosecutor in the 2006 Naval War Room leak case in which five persons, including three former naval officers and an ex-Wing Commander, face trial.

It's high time India built a competitive banking system

It's high time India built a competitive banking system

Rediff.com21 Sep 2015

Multiple organisations of different kinds with overlapping goals would be a dream situation for those who believe in competition and innovation.

'Modi is a clean, determined man, ambitious of his place in history'

'Modi is a clean, determined man, ambitious of his place in history'

Rediff.com16 May 2014

'A change of government will bring about a lot of changes because everything is frozen for the last two years. So, the frozen energies of India will be released.' Swadeshi Jagran Manch convenor Swaminathan Gurumurthy discusses the Modi phenomenon with Shobha Warrier/Rediff.com

India wants UAE as top partner in trade, counter-terrorism: PM

India wants UAE as top partner in trade, counter-terrorism: PM

Rediff.com16 Aug 2015

Ahead of his talks with the Emirati leadership, Prime Minister Narendra Modi has said the Gulf region is vital for India's economic, energy and security interests.

Panama leaks have taught the Indian rich a lesson

Panama leaks have taught the Indian rich a lesson

Rediff.com7 Apr 2016

'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'

How the super rich stash money abroad

How the super rich stash money abroad

Rediff.com21 Nov 2017

'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'

Fate of India and Gulf nations intertwined: Swaraj

Fate of India and Gulf nations intertwined: Swaraj

Rediff.com21 Aug 2014

Amid escalation in violence in a number of Gulf countries, India on Thursday expressed deep concern over the rise of fanaticism, extremism and terrorism in parts of the Arab region, saying they are tearing apart the fabric of societies as well as affecting regional stability.

How to make India a hotspot for foreign investors

How to make India a hotspot for foreign investors

Rediff.com30 Mar 2016

Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.

How the salaried class will come under black money Act

How the salaried class will come under black money Act

Rediff.com20 Jul 2015

Non-reporting of overseas income by employers may be categorised as 'abetment' under the Act.

Banks will now be encouraged to extend long-term loans

Banks will now be encouraged to extend long-term loans

Rediff.com11 Jul 2014

Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.

Growth, fiscal deficit and the two prices of money

Growth, fiscal deficit and the two prices of money

Rediff.com25 Jun 2015

It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade

PNB reports Rs 11,400 cr fraud involving jeweller Nirav Modi, suspends 10

PNB reports Rs 11,400 cr fraud involving jeweller Nirav Modi, suspends 10

Rediff.com14 Feb 2018

While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.

Pravasi Special: Bharat Mata and her children

Pravasi Special: Bharat Mata and her children

Rediff.com8 Jan 2015

Over the years, pravasis have become a constituency, to be tapped, cultivated, and honoured, or at the very minimum to be listened to, says Ambassador B S Prakash.

Why were these workers forced to go home?

Why were these workers forced to go home?

Rediff.com14 Dec 2016

Migrant workers are leaving Gujarat, PM Modi's home state, as they have no work.

The real enemies of social media

The real enemies of social media

Rediff.com25 Nov 2016

The trolls on Twitter, the rumour mongers on WhatsApp and the serial abusers on Facebook are the enemies of social media.

Can Pakistan afford to antagonise the Gulf kingdom?

Can Pakistan afford to antagonise the Gulf kingdom?

Rediff.com11 Apr 2015

How long can Pakistan remain neutral in the Saudi Arabia-led Yemen conflict?

India's defence suffered during Antony's stewardship: Modi

India's defence suffered during Antony's stewardship: Modi

Rediff.com8 Apr 2014

Launching a fresh attack on Defence Minister A K Antony, Narendra Modi on Tuesday charged that the country's defence had suffered seriously during his stewardship and said he owed an explanation to the people for this.

Spice Group's Modi plans shifting base to India

Spice Group's Modi plans shifting base to India

Rediff.com26 Jul 2013

Bhupendra Kumar Modi is the founder of $2-billion Spice Group.

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.

Odds don't favour gold now

Odds don't favour gold now

Rediff.com16 Mar 2015

Finance Minister must be hoping that Indians get over gold-addiction.

Payments bank dreams go awry before take-off

Payments bank dreams go awry before take-off

Rediff.com27 May 2016

Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.

The tale of the 16 ED notices to Lalit Modi

The tale of the 16 ED notices to Lalit Modi

Rediff.com25 Jun 2015

Here's a closer look at the showcause notices issued to Lalit Modi