News for 'remittance'

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.

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.

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.

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.

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

India cannot afford an overvalued rupee

India cannot afford an overvalued rupee

Rediff.com19 Sep 2014

It is high time to manoeuvre the rupee more effectively and predictably, even as it has to be recognised that such tweaking of the rupee needs to be accompanied by reforms to the real sector and factor markets.

Uniform tax rate for foreign portfolio investors

Uniform tax rate for foreign portfolio investors

Rediff.com29 Jan 2014

The new system would be especially beneficial for Qualified Foreign Investors.

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.

'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.

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.

EPFO settles 11 lakh claims in July, 43 lakh since April

EPFO settles 11 lakh claims in July, 43 lakh since April

Rediff.com6 Aug 2014

EPFO has recently issued Universal PF Account Numbers for 4.17 crore contributing members.

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?

RBI keeps rate unchanged, disappoints markets, industry

RBI keeps rate unchanged, disappoints markets, industry

Rediff.com3 Feb 2015

The Reserve Bank left interest rate unchanged.

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.'

Doha Bank gets licence to commence banking operations in India

Doha Bank gets licence to commence banking operations in India

Rediff.com12 Dec 2013

This licence will further enhance the niche role Doha Bank is playing and facilitating the movement of trade between Qatar and India.

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.

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.

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.

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.

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%.

Subbarao, Rajan and a monetary crisis

Subbarao, Rajan and a monetary crisis

Rediff.com15 Jul 2016

According to Subbarao, the pressure on the currency was inevitable.

Analysts bullish on Bitcoins for 2017

Analysts bullish on Bitcoins for 2017

Rediff.com27 Dec 2016

Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.

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.

2 things that will impact stock movement this week

2 things that will impact stock movement this week

Rediff.com18 Aug 2013

Rupee movement, global cues key for stocks this week: Experts

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.

The mystery behind the Rs 3 lakh crore deposits in 15 days

The mystery behind the Rs 3 lakh crore deposits in 15 days

Rediff.com9 Dec 2016

The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.

The story behind India's stagnant exports

The story behind India's stagnant exports

Rediff.com18 Apr 2017

The key reason for the country's stagnating exports is its failure to build a strong manufacturing base, says T N Ninan.

Note ban effect: I-T lens on 60,000 depositors

Note ban effect: I-T lens on 60,000 depositors

Rediff.com17 Apr 2017

Includes those dealing in high-value property and petrol pump owners

Forex scam: Banks face Sebi scrutiny

Forex scam: Banks face Sebi scrutiny

Rediff.com19 Oct 2015

State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.

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.

FY14 CAD estimated at $40 billion

FY14 CAD estimated at $40 billion

Rediff.com15 Jan 2014

With trade deficit falling 24% in Apr-Dec and stable capital flows, FY14 may end with a balance-of-payments surplus.

What rate cut means for India's financial markets

What rate cut means for India's financial markets

Rediff.com5 Oct 2016

FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down

Let's know what you did in Panama last summer

Let's know what you did in Panama last summer

Rediff.com12 Apr 2016

Promoters, who have a higher degree of accountability and public responsibility, should share more details about themselves.

Firing your buddy? Remember company first, friendship later

Firing your buddy? Remember company first, friendship later

Rediff.com5 Jun 2017

It is important to establish a professional boundary with your friend at work.

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.

Bombay high court extends Teesta Setalvad's interim bail for two weeks

Bombay high court extends Teesta Setalvad's interim bail for two weeks

Rediff.com24 Jul 2015

In a breather to social activist Teesta Setalvad and her husband, the Bombay high court on Friday granted the duo 17-day interim relief from arrest in a Central Bureau of Investigation case alleging that her company received Rs 1.8 crore from abroad without mandatory approval from Centre.

Rupee gains 106 paisa versus USD

Rupee gains 106 paisa versus USD

Rediff.com5 Sep 2013

The rupee appreciated further on Thursday, adding 106 paise to 66.01 against the dollar, after steps taken by new Reserve Bank of India Governor Raghuram Rajan to attract US currency inflows boosted market sentiment.

Sebi to consider legal cost recovery from penalties

Sebi to consider legal cost recovery from penalties

Rediff.com18 Mar 2014

The capital markets regulator has incurred litigation expenditure in the range of Rs 4-5 crore (Rs 40-50 million) in each of the past three financial years, while such expenses could be even higher in the current fiscal ending this month.

Should India charge Internet cos for market access?

Should India charge Internet cos for market access?

Rediff.com24 Sep 2018

'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.

How Indian banks will change by 2025

How Indian banks will change by 2025

Rediff.com24 Nov 2017

Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.