News for 'settlement'

INCREASE Your Health Insurance NOW!

INCREASE Your Health Insurance NOW!

Rediff.com15 Apr 2025

'Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.'

With Old Visa Doors Closing, Indians Forge New Paths

With Old Visa Doors Closing, Indians Forge New Paths

Rediff.com5 May 2025

Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors.

'They Don't Want To Hear The Word Waqf'

'They Don't Want To Hear The Word Waqf'

Rediff.com15 May 2025

'So, they have taken away the word Waqf from the Bill.' 'It will now be known as the UMEED Act.'

150 years of BSE: When 100 banks failed and took stockbrokers with them

150 years of BSE: When 100 banks failed and took stockbrokers with them

Rediff.com27 Apr 2025

Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.

The Stunning Mumbai Airport's Terminal 2!

The Stunning Mumbai Airport's Terminal 2!

Rediff.com27 Apr 2025

Mumbai airport

China retaliates with 84% levies on US exports

China retaliates with 84% levies on US exports

Rediff.com9 Apr 2025

China on Wednesday hit back at United States President Donald Trump's tariffs on Chinese exports with 84 per cent levies on its imports from America, intensifying the trade war between the top two economies of the world.

Stock exchanges ease technical glitch norms for brokers

Stock exchanges ease technical glitch norms for brokers

Rediff.com4 Apr 2025

The exchanges have also revised the instances which will be considered a technical glitch excluding instances where the broker is not at fault.

9 Errors In JEE Mains Exam Answers Sparks Outrage

9 Errors In JEE Mains Exam Answers Sparks Outrage

Rediff.com15 Apr 2025

The National Testing Agency is facing criticism on social media for alleged errors in the answer keys for the JEE (Joint Entrance Examination) Main Session 2, 2025.

Shutdown after fresh clashes in curfew-hit Churachandpur, several hurt

Shutdown after fresh clashes in curfew-hit Churachandpur, several hurt

Rediff.com19 Mar 2025

Fresh clashes broke out between people belonging to Zomi and Hmar tribes in Manipur's Churachandpur district, hours after a peace settlement was reached between the apex bodies of the two communities. The Zomi Students' Federation imposed a shutdown in the district after a group of men tried to take down a flag of a Zomi militant outfit. Several persons were injured in the clashes. Meanwhile, MLAs and tribal organisations appealed for peace, urging the administration to take necessary measures to restore law and order.

Conversion to Islam bona fide if done by free-will, with sound mind: HC

Conversion to Islam bona fide if done by free-will, with sound mind: HC

Rediff.com2 Apr 2025

The HC said this while dismissing a petition by Taufik Ahmad who had sought quashing of proceedings against him on charges of rape and unlawful religious conversion of a Hindu girl to Islam through misrepresentation under the UP anti-conversion law.

Daughter has right to educational expenses: SC

Daughter has right to educational expenses: SC

Rediff.com9 Jan 2025

The Supreme Court of India has ruled that a daughter has an indefeasible right to secure educational expenses from her parents, who can be compelled to provide necessary funds within their means. This ruling came in a matrimonial dispute where a daughter studying in Ireland refused to accept Rs 43 lakh given by her father towards her studies, which was part of the total alimony being paid to her mother. The court stated that the daughter has a fundamental right to pursue her education and that the parents can be compelled to provide necessary funds within their financial resources. The court also granted a decree of divorce by mutual consent to the estranged couple, directing them to abide by the terms of a settlement agreement they had reached.

'Chandrayaan data to be crucial for settlement on moon'

'Chandrayaan data to be crucial for settlement on moon'

Rediff.com23 Aug 2023

India's lunar mission Chandrayaan-3 holds immense potential for gathering critical data and will significantly contribute to the understanding of the Moon, a former top National Aeronautics and Space Administration (NASA) official has said, describing India-United States space partnership further moving to the moon.

Formal Hirings Drop 3% in Jan

Formal Hirings Drop 3% in Jan

Rediff.com21 Mar 2025

Of the 823,000 new subscribers in January, the share of young people (18 to 25 age group) declined to 57.07% (470,000) from 57.28% (485,066) in the preceding month.

Man offers water to cheetahs in MP; disciplinary action initiated

Man offers water to cheetahs in MP; disciplinary action initiated

Rediff.com6 Apr 2025

In the clip of about 40 seconds, a man is seen pouring water from a can into a pan, following which five cheetahs sitting under the shadow in the vicinity walk up to the utensil and start drinking the water.

US drops Trump's envoy from Ukraine talks on Putin's request

US drops Trump's envoy from Ukraine talks on Putin's request

Rediff.com14 Mar 2025

United States President Donald Trump's special envoy for Russia-Ukraine negotiations, Keith Kellogg, has been excluded from high-level discussions aimed at ending the war in Ukraine, according to a report in NBC News.

Taxpayers can file settlement claims till Sep 30

Taxpayers can file settlement claims till Sep 30

Rediff.com8 Sep 2021

The income tax (I-T) department on Tuesday extended the deadline for filing settlement applications for eligible taxpayers till September 30, as the income tax settlement commission (ITSC) ceased to exist from February 1. This comes amid interim relief provided by some high courts, directing acceptance of applications of settlement even after February 1. To dispose the pending settlement applications as on January 31, the central government has constituted Interim Board for Settlement.

Why Stalin Is Pushing Keeladi Over Indus Valley

Why Stalin Is Pushing Keeladi Over Indus Valley

Rediff.com2 Jun 2025

'It has the potential to sow seeds of furthering discord when the direction of the discourse is aimed at propagating the perceived supremacy of 'cultural nationalism' from a distant past over the prevailing dominance of 'Constitutional nationalism',' argues N Sathiya Moorthy.

India's export performance remains uninspiring amid weak global position

India's export performance remains uninspiring amid weak global position

Rediff.com7 Apr 2025

March 31 marked 10 years since the Modi government introduced its first Foreign Trade Policy (FTP 2015-20) that lasted for 8 years before the current FTP 2023 came in. Here is a brief assessment. In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20 and to raise India's share in world exports from 2 per cent to 3.5 per cent.

RBI announces measures for international trade settlement in rupees

RBI announces measures for international trade settlement in rupees

Rediff.com11 Jul 2022

The Reserve Bank on Monday asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency. Before putting in place this mechanism, banks will require prior approval from the Foreign Exchange Department of the Reserve Bank of India (RBI), the central bank said in a circular. "In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR, it has been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR," it said.

About 2K illegal houses to be razed in Ahmedabad's Bangladeshi den

About 2K illegal houses to be razed in Ahmedabad's Bangladeshi den

Rediff.com29 Apr 2025

Ahmedabad civic authorities launched a massive demolition drive on Tuesday, razing over 2,000 illegally constructed houses and properties in the Chandola Lake area. The operation, which involved around 50 teams equipped with earthmovers and 2,000 police personnel, was carried out days after illegal Bangladeshi immigrants were detained from these settlements. The Gujarat High Court declined to stay the action, observing that the dwellings were situated on the periphery of the water body and therefore subject to demolition under the Land Revenue Code. Authorities also demolished the illegal farmhouse of Lalu Pathan, alleged mastermind behind the encroachments, who is suspected to have helped illegal immigrants obtain rental accommodation and Aadhaar cards.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

Byju's suspended RP, former promoters move NCLAT

Byju's suspended RP, former promoters move NCLAT

Rediff.com6 Feb 2025

Former Resolution Professional of insolvency-bound edtech firm Byju's has moved appellate tribunal NCLAT challenging disciplinary action recommended against him by the Bengaluru bench of NCLT.

Sudhir Ghosh: The MP Who Foresaw Quad

Sudhir Ghosh: The MP Who Foresaw Quad

Rediff.com17 Mar 2025

After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.

Sinner accepts doping ban: What it means for tennis

Sinner accepts doping ban: What it means for tennis

Rediff.com15 Feb 2025

Sinner's ban began on February 9 and will end on May 4 while he can return to training on April 13. The French Open main draw is scheduled to begin on May 25.

Ministership or freedom: SC gives Senthil Balaji a choice

Ministership or freedom: SC gives Senthil Balaji a choice

Rediff.com23 Apr 2025

The Supreme Court of India has asked DMK leader V Senthil Balaji to choose between his ministerial post in Tamil Nadu and his freedom. The court expressed concern over Balaji's reinstatement as a minister despite being granted bail in a money laundering case related to the "cash-for-job" scam. The court fears that Balaji's presence as a minister could influence witnesses in the case. The court has given Balaji until April 28 to make a decision.

Ukraine war: Trump, Putin agree on immediate ceasefire in energy, infra

Ukraine war: Trump, Putin agree on immediate ceasefire in energy, infra

Rediff.com19 Mar 2025

Trump has made clear his intention to mediate a resolution between the two nations, emphasising the need for a swift de-escalation of violence.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

SC reserves order on Chhattisgarh pastor's burial, but hopes for amicable solution

SC reserves order on Chhattisgarh pastor's burial, but hopes for amicable solution

Rediff.com22 Jan 2025

The Supreme Court of India is set to rule on the case of a pastor whose body has been lying in a mortuary for 15 days due to a dispute over his burial site in a Chhattisgarh village. The court expressed concern over the delay and urged for an amicable settlement, while the Chhattisgarh government insisted on the designated burial area for Christian tribals being 20-30 kilometers away from the family's village. The court will deliver its verdict after hearing arguments from both sides.

India moves to T+1 settlement from Friday: Here's what experts say

India moves to T+1 settlement from Friday: Here's what experts say

Rediff.com27 Jan 2023

Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle. About 200 stocks, which account for more than 80 per cent of India's market capitalisation, will be settled on a next-day basis, with effect from January 27. This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.

When will stock exchanges start T+1 settlement cycle?

When will stock exchanges start T+1 settlement cycle?

Rediff.com9 Nov 2021

India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.

Why Govt Is In No Hurry On Digital Competition Bill

Why Govt Is In No Hurry On Digital Competition Bill

Rediff.com17 Mar 2025

'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'

SC sets aside NCLAT order against Byju's

SC sets aside NCLAT order against Byju's

Rediff.com23 Oct 2024

In a significant verdict, the Supreme Court on Wednesday set aside the National Company Law Appellate Tribunal's (NCLAT) verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's. A bench of Chief Justice D Y Chandrachud, and Justices J B Pardiwala and Manoj Misra also reversed the order of the NCLAT approving Byju's Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI) and directed the cricket board to deposit the settlement amount of Rs 158.9 crore with a committee of creditors.

India-China relations cannot be normal...: Jaishankar

India-China relations cannot be normal...: Jaishankar

Rediff.com4 Dec 2024

Jaishankar said India-China ties have been abnormal since 2020 when peace and tranquillity in border areas were disturbed due to Chinese actions.

SC praises protesting farmer leader as he breaks fast

SC praises protesting farmer leader as he breaks fast

Rediff.com28 Mar 2025

Farmer leader Jagjit Singh Dallewal, who was on an indefinite hunger strike in support of various demands, has broken his fast after the Punjab government intervened and dispersed protesting farmers at Khanauri and Shambhu borders. The Supreme Court lauded Dallewal's efforts and acknowledged the government's action, while also asking for a status report on the situation. Contempt proceedings against the Punjab chief secretary and Director General of Police for not complying with the court's order of providing medical aid to Dallewal were dropped.

EXPLAINED: Trump's reciprocal tariffs

EXPLAINED: Trump's reciprocal tariffs

Rediff.com3 Apr 2025

Here is a list of Q & As to explain these issues and implications of the US move.

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

Hindu outfit calls for out-of-court settlement of Gyanvapi dispute

Hindu outfit calls for out-of-court settlement of Gyanvapi dispute

Rediff.com17 Aug 2023

The Muslims side said that they have received the letter and it will be deliberated upon in a meeting.

'Prabhakaran's Biggest Blunder Was Rajiv Gandhi's Murder'

'Prabhakaran's Biggest Blunder Was Rajiv Gandhi's Murder'

Rediff.com12 Mar 2025

'This was a decision taken and executed by Prabhakaran and his intelligence chief Pottu Amman. Both were convinced that the assassination would not be linked to them.'

Kirloskars latest business family to feud over settlement

Kirloskars latest business family to feud over settlement

Rediff.com17 Jul 2021

Sanjay Kirloskar, promoter of Kirloskar Brothers, moves Supreme Court to enforce a family settlement signed in 2009.