News for 'settlement'

SC urges Hindu women to make wills to avoid property disputes

SC urges Hindu women to make wills to avoid property disputes

Rediff.com19 Nov 2025

The Supreme Court of India has appealed to women, particularly Hindu women without sons, daughters, or husbands, to make wills to avoid potential property disputes, highlighting the increasing number of women with self-acquired property.

India votes for UN resolution on Palestine two-state solution

India votes for UN resolution on Palestine two-state solution

Rediff.com13 Sep 2025

The resolution, introduced by France, was adopted with an overwhelming 142 nations voting in favour, 10 against and 12 abstentions. Those voting against included Argentina, Hungary, Israel and the US.

China files complaint against India in WTO over EV, battery subsidies

China files complaint against India in WTO over EV, battery subsidies

Rediff.com15 Oct 2025

China has filed a complaint against India in the World Trade Organization (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. Commerce secretary Rajesh Agrawal said that the ministry will look at the detailed submissions made by China.

At fintech meet, Sitharaman flags weaponisation of tech

At fintech meet, Sitharaman flags weaponisation of tech

Rediff.com7 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance.

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Rediff.com3 Nov 2025

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

India to scale down Russian oil import: White House

India to scale down Russian oil import: White House

Rediff.com24 Oct 2025

The White House has claimed that India has begun 'scaling back' its oil purchases from Russia at the 'request' of President Donald Trump.

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.

Who Gets Your PF Money After You...

Who Gets Your PF Money After You...

Rediff.com4 Nov 2025

EPF nominations decide inheritance -- here's what happens if you don't file.

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

When A Bank Account Has No Nominee

When A Bank Account Has No Nominee

Rediff.com21 Aug 2025

Whenever possible, the karta or head of the family should openly discuss the future distribution of movable and immovable property with all legal heirs.

Banks to clear cheques within few hours from Oct 4: RBI

Banks to clear cheques within few hours from Oct 4: RBI

Rediff.com13 Aug 2025

The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours.

Banks Offer More Flexibility In Nominations

Banks Offer More Flexibility In Nominations

Rediff.com6 Nov 2025

Beginning November 1, 2025, bank customers can name up to four nominees for their accounts and lockers.

How To Build a Flexible Health Fund

How To Build a Flexible Health Fund

Rediff.com6 Nov 2025

'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'

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.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

NRIs can now invest in corp debt from special rupee vostro accounts

NRIs can now invest in corp debt from special rupee vostro accounts

Rediff.com3 Oct 2025

Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.

They don't like each other...: Trump on stalled Russia-Ukraine peace

They don't like each other...: Trump on stalled Russia-Ukraine peace

Rediff.com18 Oct 2025

During a bilateral lunch with the Ukrainian President in the White House, Trump reiterated his confidence in facilitating an end to the ongoing war.

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Rediff.com11 Dec 2024

The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.

Modi speaks with Zelenskyy ahead of Putin meet in China

Modi speaks with Zelenskyy ahead of Putin meet in China

Rediff.com30 Aug 2025

Prime Minister Narendra Modi conveyed to Ukranian President Volodymyr Zelenskyy that India supports all efforts to end the conflict in Ukraine during a phone conversation.

'Peace Is Fragile, Remains Vulnerable To Provocations'

'Peace Is Fragile, Remains Vulnerable To Provocations'

Rediff.com22 Oct 2025

'You cannot 'clear' your way to peace.' 'You need intelligence, calibrated force, impartial law enforcement, political neutrality, humanitarian returns and a sustained reconciliation plan.'

Now you can make final PF pension withdrawal after 3 years

Now you can make final PF pension withdrawal after 3 years

Rediff.com14 Oct 2025

The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.

SC asks Tamil politician Seeman to apologise in rape case

SC asks Tamil politician Seeman to apologise in rape case

Rediff.com12 Sep 2025

The Supreme Court has suggested Tamil film director and politician Seeman tender an unconditional apology to an actor who accused him of rape in 2011. The court is hearing Seeman's plea to quash the case against him.

Coming Soon! Simplified Bank Customer Claim Rules

Coming Soon! Simplified Bank Customer Claim Rules

Rediff.com7 Aug 2025

The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer.

Uttarakhand probes demographic changes in Dehradun

Uttarakhand probes demographic changes in Dehradun

Rediff.com17 Oct 2025

The Uttarakhand government has ordered an investigation into alleged demographic changes in the Pachhadun area of Dehradun and other regions, following concerns raised by residents and political parties.

After hotels, online travel portals come under GST lens

After hotels, online travel portals come under GST lens

Rediff.com18 Oct 2025

After issuing notices to hotels across the country for allegedly underpaying goods and services tax (GST) on restaurant services, the revenue department has now widened its scrutiny by seeking information from online travel platforms.

Sebi sets Rs 25-cr minimum trade size for block deals

Sebi sets Rs 25-cr minimum trade size for block deals

Rediff.com8 Oct 2025

Markets regulator Sebi on Wednesday overhauled the block deal framework for stock exchanges, by setting a minimum trade size limit of Rs 25 crore and introducing two trading windows with tighter price limits and enhanced disclosure norms. The latest move by the Securities and Exchange Board of India (Sebi) aims to ensure greater transparency and efficiency in the execution of large trades.

Kerala puts PM SHRI project on hold under CPI pressure

Kerala puts PM SHRI project on hold under CPI pressure

Rediff.com30 Oct 2025

The Kerala government will review the implementation of the Centre's PM SHRI scheme in the state following controversies and concerns. A cabinet sub-committee has been formed to study the scheme, and further proceedings are on hold pending the committee's report.

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

Houses among 50 structures damaged due to land sinking in J-K's Poonch

Houses among 50 structures damaged due to land sinking in J-K's Poonch

Rediff.com9 Sep 2025

Land sinking in a village in Jammu and Kashmir's Poonch district has damaged about 50 structures, mostly residential houses. A minister has assured relief and rehabilitation.

Don't demean Hindu society: SC on Hindu Succession Act

Don't demean Hindu society: SC on Hindu Succession Act

Rediff.com25 Sep 2025

The Supreme Court has observed that it would move cautiously while examining challenges to provisions of the Hindu Succession Act, 1956, and that it would be wary of shattering the Hindu social structure and its basic tenets that have been in existence for thousands of years.

Man elopes with sister-in-law, brother-in-law with his sister

Man elopes with sister-in-law, brother-in-law with his sister

Rediff.com16 Sep 2025

A man from Bareilly eloped with his sister-in-law, leading his brother-in-law to run away with the man's sister in retaliation. Both families reached an amicable settlement, avoiding legal action.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Diyas Are Being Made, Diwali Is Coming!

Diyas Are Being Made, Diwali Is Coming!

Rediff.com11 Sep 2025

Every year before Diwali, the lanes of Kumbharwada are filled with the sight of artisans at their wheels, shaping clay into diyas, pots, and other festive items.

No ego now: SC dissolves marriage, advises couple to focus on child

No ego now: SC dissolves marriage, advises couple to focus on child

Rediff.com20 Aug 2025

The Supreme Court of India dissolved a marriage, instructing the couple to prioritize their child's well-being and set aside personal differences.

Bank OTS scheme not a borrower's right without upfront payment: SC

Bank OTS scheme not a borrower's right without upfront payment: SC

Rediff.com18 Sep 2025

The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.

Divorce granted... Chahal's massive settlement REVEALED

Divorce granted... Chahal's massive settlement REVEALED

Rediff.com20 Mar 2025

Indian cricketer Yuzvendra Chahal and his estranged wife Dhanashree Verma have been granted a divorce by mutual consent by a family court in Mumbai.

Sebi Runs Lean Again As 2 Whole-time Member Positions Remain Vacant

Sebi Runs Lean Again As 2 Whole-time Member Positions Remain Vacant

Rediff.com11 Oct 2025

'Periods of vacancy, which have become more common in recent years, can affect the pace of decision-making.'

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

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.