News for 'settlement'

'Steeped in fanaticism, serial borrower': India shreds Pak at UN

'Steeped in fanaticism, serial borrower': India shreds Pak at UN

Rediff.com23 Jul 2025

India's Permanent Representative to the UN Ambassador Parvathaneni Harish said that the Indian sub-continent offers a "stark contrast" in terms of progress, prosperity and development models.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Succession Vacuum Fuels Family Feuds In India Inc

Succession Vacuum Fuels Family Feuds In India Inc

Rediff.com9 Aug 2025

Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.

EPFO adds nearly 22 lakh members in June

EPFO adds nearly 22 lakh members in June

Rediff.com20 Aug 2025

Retirement fund body EPFO recorded a 13.46 per cent year-on-year growth in net member addition of 21.89 lakh in June, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organisation's (EPFO) provisional payroll data for June 2025 showed a net addition of 21.89 lakh members, marking the highest recorded addition since payroll data tracking began in April 2018, a labour ministry statement said.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

Why Homebuyers Lose to Builders

Why Homebuyers Lose to Builders

Rediff.com18 Aug 2025

Many buyers skip or misread critical provisions in builder-buyer agreements.

Glad I didn't end up like Raja: Man after bride elopes with lover

Glad I didn't end up like Raja: Man after bride elopes with lover

Rediff.com17 Jun 2025

A settlement was facilitated by the officials of the local Bisauli police between both the families who mutually agreed to part ways. Items gifted during the wedding, including jewellery and household items, were returned. Neither side has pursued any legal action, according to an officer.

Soldiers missing after Uttarkashi cloudburst hit Army camp

Soldiers missing after Uttarkashi cloudburst hit Army camp

Rediff.com6 Aug 2025

A cloudburst triggered devastating flashfloods in the Harsil area of Uttarkashi district, Uttarakhand, with at least 8-10 Indian Army personnel reported missing from a camp in the lower Harsil region.

Sebi opens sandbox to fractional share pitch

Sebi opens sandbox to fractional share pitch

Rediff.com30 Jul 2025

The Securities and Exchange Board of India (Sebi) has approved a proposal from a startup to test fractional shares in its innovation sandbox, marking a potential shift in the Indian equity landscape. This represents a change in stance from 2021, when Sebi rejected a similar proposal in the regulatory sandbox, primarily due to concerns over the custody of fractional shares.

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Rediff.com8 Aug 2025

The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is equal to 0.01 per cent.

Putin: Ukraine War Wouldn't Happened If Trump Had Been President

Putin: Ukraine War Wouldn't Happened If Trump Had Been President

Rediff.com16 Aug 2025

'We had very narrow negotiations that were quite useful.'

Confused by Too Many Mutual Fund Options? Do it This Way!

Confused by Too Many Mutual Fund Options? Do it This Way!

Rediff.com18 Aug 2025

When the market is down, you can buy more units, which offers you the rupee cost averaging. But the question here is, with so many options available in the market, which one should you choose? Keep reading to get the answer.

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Rediff.com12 Aug 2025

Prime Minister Narendra Modi conveyed to Ukrainian President Volodymyr Zelenskyy that India remains committed to making every possible contribution for an early and peaceful solution to the conflict. Zelenskyy sought India's support in limiting Russian energy exports.

Ganga, Yamuna overflow in UP; 13 districts flooded

Ganga, Yamuna overflow in UP; 13 districts flooded

Rediff.com4 Aug 2025

Incessant rainfall in Uttar Pradesh has caused floods in 13 districts, with major rivers like Ganga and Yamuna exceeding danger levels. Varanasi, Prayagraj, and other cities are severely affected, leading to displacement and disruption of daily life.

Rs 295 crore spent on Modi's foreign visits in 3 yrs

Rs 295 crore spent on Modi's foreign visits in 3 yrs

Rediff.com24 Jul 2025

The Indian government has released data detailing the expenses incurred on Prime Minister Narendra Modi's foreign visits from 2021 to 2025, including trips to the US, France, and other countries.

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

Rediff.com26 Aug 2025

'We have created massive infrastructure in the past six years.'

Cloudburst behind Uttarkashi flash floods? Experts differ

Cloudburst behind Uttarkashi flash floods? Experts differ

Rediff.com6 Aug 2025

Experts question whether a cloudburst caused the recent flash flood in Uttarkashi, India, citing insufficient rainfall and other potential factors like ice chunks, rockfalls, or landslides.

Digital debt collection makes strides as lenders use tech to cut visits

Digital debt collection makes strides as lenders use tech to cut visits

Rediff.com4 Aug 2025

"We currently manage collections for over 98 million retail and small-business loan accounts, covering a loan book of about $250 billion," says Rishabh Goel, cofounder and chief executive officer (CEO) of Credgenics, a software-as-a-service platform for debt collection. With more than 700 million smartphone users and over 450 million UPI users, digital access is everywhere.

'Nothing Will Affect Taxpayers' Benefits'

'Nothing Will Affect Taxpayers' Benefits'

Rediff.com11 Aug 2025

'There is no retrospective changing of the law, only its simplification.'

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.

In UNGA, India votes against Israeli settlements in Palestine

In UNGA, India votes against Israeli settlements in Palestine

Rediff.com12 Nov 2023

India voted in favour of a resolution that condemns Israeli settlement activities in the Occupied Palestinian Territory.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

ED summons Anil Ambani on Aug 5, issues look out circular

ED summons Anil Ambani on Aug 5, issues look out circular

Rediff.com2 Aug 2025

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.

Senior citizens can cancel gift deed if children...: HC

Senior citizens can cancel gift deed if children...: HC

Rediff.com19 Mar 2025

The Madras High Court has ruled that senior citizens can cancel gift or settlement deeds executed in favor of their children or close relatives if they fail to take care of them, even if it was not explicitly mentioned in the conditions imposed in the deeds. The court said the love and affection being the consideration, which can be traced out in the Settlement Deed, would be sufficient to hold that such love and affection was an implied condition that the senior citizen will be taken care of by the beneficiary of the Settlement Deed or gift deed.

How To Tackle Credit Card Debt

How To Tackle Credit Card Debt

Rediff.com12 Aug 2025

'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'

Pak reaffirms desire for normal ties with India, seeks dialogue

Pak reaffirms desire for normal ties with India, seeks dialogue

Rediff.com5 Jul 2025

Pakistan has reiterated its desire for normal neighbourly relations with India, while also criticizing India's decision to put the Indus Waters Treaty in abeyance. The Foreign Office spokesperson emphasized Pakistan's commitment to diplomacy and regional cooperation.

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Rediff.com18 Jun 2025

In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

Rediff.com30 Jun 2025

The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.

How to Choose Right Home Insurance

How to Choose Right Home Insurance

Rediff.com28 Jul 2025

Understand policy inclusions and exclusions to avoid surprises during claims.

'Keeladi Could Be Older Than Indus Valley'

'Keeladi Could Be Older Than Indus Valley'

Rediff.com3 Jul 2025

'There is no doubt about the antiquity of Tamil Nadu.'

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Rediff.com5 Aug 2025

A cloudburst in the high altitude villages of Dharali in Uttarkashi district of Uttarakhand led to flash floods, causing damage to houses and sweeping away structures. Several people are feared buried under debris.

A Deal Is Possible Only On Trump's Terms

A Deal Is Possible Only On Trump's Terms

Rediff.com31 Jul 2025

For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.

Deportation of Bengali migrants to B'desh sparks panic in Bengal village

Deportation of Bengali migrants to B'desh sparks panic in Bengal village

Rediff.com30 Jul 2025

Families in West Bengal allege that Delhi Police illegally detained and deported their relatives, living and working in Delhi, to Bangladesh. They claim the deportations were based on the fact that they spoke Bengali.

Why is PM not denying Trump's claims? Rahul doubles down

Why is PM not denying Trump's claims? Rahul doubles down

Rediff.com30 Jul 2025

The Congress party has launched a scathing attack on Prime Minister Narendra Modi, accusing him of being unable to deny US President Donald Trump's claims of mediating a ceasefire between India and Pakistan due to a 'weak wicket' and potential cover-ups. Congress leaders assert that Modi's silence implies a tacit acceptance of Trump's assertions, potentially driven by pressure for a favorable trade deal.

'The Problem With Quick Fixes Is...'

'The Problem With Quick Fixes Is...'

Rediff.com8 Aug 2025

'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

India, EU 'very near' to concluding FTA: Goyal

India, EU 'very near' to concluding FTA: Goyal

Rediff.com10 Jun 2025

Commerce and Industry Minister Piyush Goyal on Tuesday said India and the 27-nation EU bloc are "really very near" to concluding talks for the proposed free trade agreement, with only a few issues left to be resolved.

Border row with India will take time to settle, open to talks: China

Border row with India will take time to settle, open to talks: China

Rediff.com30 Jun 2025

Defence Minister Rajnath Singh, in his meeting with Chinese counterpart Dong Jun in Qingdao on June 26, proposed that India and China should solve the "complex issues" under a structured roadmap comprising steps to de-escalate tensions along the frontiers and rejuvenate the existing mechanism to demarcate the borders.

Height of...: Sonia slams Modi's 'shameful silence' on Gaza 'genocide'

Height of...: Sonia slams Modi's 'shameful silence' on Gaza 'genocide'

Rediff.com29 Jul 2025

Gandhi urged the prime minister to speak out "clearly, boldly and forthrightly" on behalf of the legacy that India has long represented.

Trump gives two-week deadline to Iran before military action

Trump gives two-week deadline to Iran before military action

Rediff.com20 Jun 2025

United States President Donald Trump has opened a two-week window for diplomacy with Iran before deciding on military action, aiming to restart stalled negotiations amid Israel's bombing campaign, CNN reported.