News for 'waiver'

Paranoid India Inc wants early conclusion of trade pact with US

Paranoid India Inc wants early conclusion of trade pact with US

Rediff.com26 Mar 2025

The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.

US trade official begins India visit days before Trump's reciprocal tariff kicks in

US trade official begins India visit days before Trump's reciprocal tariff kicks in

Rediff.com24 Mar 2025

Brendan Lynch, the assistant US trade representative for South and Central Asia, will pay a five-day visit to India beginning Tuesday, days before US President Donald Trump's tit-for-tat tariff kicks in. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials.

Why Mumbai's Luxe Homes Are Losing Their Shine

Why Mumbai's Luxe Homes Are Losing Their Shine

Rediff.com24 Apr 2025

Mumbai -- home to industry titans and Bollywood stars -- is witnessing a slow offtake of houses priced between Rs 10 crore and Rs 50 crore. Industry insiders and real estate watchers explain why.

Preity Zinta vs Congress over Rs 18 cr loan write-off, BJP link

Preity Zinta vs Congress over Rs 18 cr loan write-off, BJP link

Rediff.com25 Feb 2025

Earlier, Preity posted about the platform's growing cynicism, especially when people expressed appreciation for public figures.

Mumbai civic body to tax commercial buildings in slums

Mumbai civic body to tax commercial buildings in slums

Rediff.com4 Feb 2025

The Brihanmumbai Municipal Corporation (BMC) has decided to impose property tax on commercial establishments operating in slum areas and is also considering the levy of a Solid Waste Management (SWM) user charge in the future. The civic body is expecting to collect a total of Rs 5,200 crore in property tax during the next financial year. The BMC intends to levy an SWM charge on Mumbaikars in a phased manner though it would not be levied in FY 2025-26.

18 injured after plane crashes, flips on landing in Canada

18 injured after plane crashes, flips on landing in Canada

Rediff.com18 Feb 2025

Two runways at the airport will remain closed as officials investigate the incident, according to the airport's CEO Deborah Flint, CNN reported.

Baghel woos Chhattisgarh farmers with another loan waiver if voted to power

Baghel woos Chhattisgarh farmers with another loan waiver if voted to power

Rediff.com23 Oct 2023

The Baghel government had earlier said it fulfilled the 2018 promise and waived agriculture loans worth Rs 9,270 crore of 18.82 lakh farmers in the state.

Indo-US civil nuclear pact a crowning glory for Manmohan Singh

Indo-US civil nuclear pact a crowning glory for Manmohan Singh

Rediff.com27 Dec 2024

The landmark India-US civil nuclear deal of 2008, brokered during Manmohan Singh's tenure as Prime Minister, is seen as a crowning achievement in his foreign policy legacy. The agreement ended India's nuclear isolation, fostered a strategic partnership with the US, and opened doors to advanced technologies and defense cooperation. This historic deal also laid the groundwork for India's engagement with the global nuclear community.

US House recommends CAATSA waiver for India

US House recommends CAATSA waiver for India

Rediff.com15 Jul 2022

The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).

Going local for global: Bharat Global Ports to test waters at home first

Going local for global: Bharat Global Ports to test waters at home first

Rediff.com31 Mar 2025

The government is looking to give Bharat Global Ports a certain amount of domestic exposure after it set up the state-owned consortium to increase India's global maritime heft, officials aware of the development said. The intended domestic exposure is meant to give the consortium experience and build its credentials for international projects.

HC asks J-K MP Engineer Rashid to deposit Rs 4 lakh for Parl travel

HC asks J-K MP Engineer Rashid to deposit Rs 4 lakh for Parl travel

Rediff.com28 Mar 2025

The Delhi High Court has ordered Jammu and Kashmir MP Abdul Rashid Sheikh, alias Engineer Rashid, to deposit Rs 4 lakh with the prison authorities as travel expenses for attending Parliament. The court allowed Rashid to attend the ongoing Parliament session "in-custody" till April 4, but the NIA had raised concerns about him being a flight risk. Rashid has been lodged in Delhi's Tihar Jail since 2019 after the NIA arrested him in a 2017 terror-funding case.

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.

Cong woos MP farmers with loan waiver revival if voted to power in 2023 polls

Cong woos MP farmers with loan waiver revival if voted to power in 2023 polls

Rediff.com18 Dec 2022

Ahead of the last Assembly polls, Congress leader Rahul Gandhi had promised to implement a farm loan waiver scheme in the state if the party came to power.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

'Jai Bhavani, Jai Shivaji': Uddhav's reply to BJP's 'Jai Shri Ram'

'Jai Bhavani, Jai Shivaji': Uddhav's reply to BJP's 'Jai Shri Ram'

Rediff.com10 Mar 2025

Thackeray also drew a comparison between the current regime and Hitler.

Interest waiver: Banks start crediting accounts

Interest waiver: Banks start crediting accounts

Rediff.com4 Nov 2020

Banks have started refunding borrowers the compound interest charged on specified loan accounts during the moratorium period. Last week, the Reserve Bank of India (RBI) had asked all lending institutions, including non-banking financial companies, to ensure that the scheme of waiver of interest on interest for loans up to Rs 2 crore for the six-month moratorium period is implemented by November 5.

Former AAP minister Satyendar Jain booked in CCTV project

Former AAP minister Satyendar Jain booked in CCTV project

Rediff.com19 Mar 2025

The Delhi government's Anti-Corruption Branch (ACB) has registered a case against former PWD minister and senior AAP leader Satyendar Jain over alleged corruption in a Rs 571-crore CCTV project. According to the ACB, Jain allegedly accepted a bribe of Rs 7 crore to waive the liquidated damages penalty of Rs 16 crore imposed on Bharat Electronics Limited (BEL). The project, which was executed when he was a PWD minister in the previous Arvind Kejriwal government, was related to the installation of 1.4 lakh CCTV cameras across all 70 assembly constituencies.

Women Voters: The Rising Power Transforming Politics

Women Voters: The Rising Power Transforming Politics

Rediff.com15 Jan 2025

'Women' as a political constituency appears to be an idea that has come of age. It is changing India in ways that we only dimly understand, asserts Aditi Phadnis.

Buying Property? Read This

Buying Property? Read This

Rediff.com4 Nov 2024

'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'

MVA manifesto promises period leaves, free cervical cancer vaccine

MVA manifesto promises period leaves, free cervical cancer vaccine

Rediff.com10 Nov 2024

The opposition Maha Vikas Aghadi on Sunday released its manifesto for the Maharashtra assembly polls, promising free cervical cancer vaccines for girls aged 9 to 16 and and two optional leave days for women employees during menstruation.

Rs 2,541 cr boost for tourism, 50 destinations to be developed

Rs 2,541 cr boost for tourism, 50 destinations to be developed

Rediff.com1 Feb 2025

India's Finance Minister Nirmala Sitharaman has announced an ambitious plan to develop the country's top 50 tourist destinations in a "challenge mode", with the aim of boosting employment-led growth and attracting international visitors. The Ministry of Tourism has received a significant budget increase for 2025-2026, with a focus on enhancing tourism infrastructure, promoting domestic and international travel, and ensuring the safety of tourists, particularly women. The government plans to promote homestays, improve connectivity to tourist spots, and provide performance-linked incentives to states that demonstrate effective destination management. The budget also includes investments in public enterprises, skill development programs, and initiatives to promote medical tourism and spiritual tourism.

Suspense remains over CAATSA waiver to India on S400 purchase

Suspense remains over CAATSA waiver to India on S400 purchase

Rediff.com24 Nov 2021

The United States has not made a determination yet on any potential Countering America's Adversaries Through Sanctions Act (CAATSA) waiver to India with regard to its purchase of S-400 missile defence system from Russia, the Biden Administration said Tuesday.

After Kejriwal, Rahul Gandhi woos Gujarat voters with farm loan waiver

After Kejriwal, Rahul Gandhi woos Gujarat voters with farm loan waiver

Rediff.com5 Sep 2022

Addressing the 'parivartan sankalp rally' in Ahmedabad, Gandhi made a host of promises to people of Gujarat, where the assembly polls are due later this year, including creation of 10 lakh new jobs, building 3,000 English medium schools and free education to girls.

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rediff.com28 Nov 2024

Students from de-notified tribes, nomadic tribes and semi-nomadic tribes will receive coaching fees of up to 1,20,000 and additional benefits for preparing for entrance examinations such as JEE, NEET, CLAT and the NDA.

How loan waivers will hurt the states

How loan waivers will hurt the states

Rediff.com27 Dec 2018

Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.

Kejriwal announces 6 guarantees for Gujarat farmers, including loan waiver

Kejriwal announces 6 guarantees for Gujarat farmers, including loan waiver

Rediff.com2 Sep 2022

Announcing yet another pre-poll "guarantee" in Gujarat, Aam Aadmi Party convener Arvind Kejriwal on Friday said his party, if voted to power in the state, will waive farm loans and also create a mechanism to buy produce from farmers at Minimum Support Price (MSP).

101 farmers to continue march towards Delhi

101 farmers to continue march towards Delhi

Rediff.com7 Dec 2024

Punjab farmer leader Sarwan Singh Pandher said on Saturday that they have not received any message from the Centre for talks to address their issues and said a group of 101 farmers will again begin their march to Delhi on December 8.

Punjab DGP, MHA director meet fasting farmer leader Dallewal

Punjab DGP, MHA director meet fasting farmer leader Dallewal

Rediff.com15 Dec 2024

The Punjab Police chief, Gaurav Yadav, and a senior officer from the Ministry of Home Affairs, Mayank Mishra, visited fasting farmer leader Jagjit Singh Dallewal at the Khanauri border point between Punjab and Haryana. They enquired about his health and heard his demands. Dallewal has been on a fast-unto-death since November 26 to press the Centre to accept the agitating farmers' demands, including a legal guarantee of MSP on crops. The visit came after the Supreme Court directed the Centre and Punjab government representatives to meet Dallewal and provide him medical help.

Farmers to defy prohibitory orders, march to Delhi

Farmers to defy prohibitory orders, march to Delhi

Rediff.com6 Dec 2024

A 'jatha' of 101 farmers will embark on a foot march to Delhi at 1 pm on Friday from the Shambhu border protest site, farmer leader Sarwan Singh Pandher said on Thursday.

Farmers marching to Delhi tear-gassed; Haryana suspends internet

Farmers marching to Delhi tear-gassed; Haryana suspends internet

Rediff.com6 Dec 2024

A 'jatha' of 101 farmers Friday began its foot march to Delhi from their protest site at Shambhu border, but was stopped a few metres away by a multilayered barricading.

Cong badly exposed: Modi seizes on Kharge's remarks

Cong badly exposed: Modi seizes on Kharge's remarks

Rediff.com1 Nov 2024

Prime Minister Narendra Modi Friday said the Congress stands 'badly exposed' in front of people for promising to them what the party knows it will never be able to deliver.

India's GDP expected to grow at 6.5% in Q2 FY25

India's GDP expected to grow at 6.5% in Q2 FY25

Rediff.com6 Nov 2024

Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.

Loan interest waiver: PSU banks may have to take Rs 2,000 cr hit

Loan interest waiver: PSU banks may have to take Rs 2,000 cr hit

Rediff.com4 Apr 2021

Public sector banks may have to bear a burden of Rs 1,800-2,000 crore arising due to a recent Supreme Court judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020, sources said. The judgement covers loans above Rs 2 crore as loans below this got blanket interest on interest waiver in November last year. Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers including the prompt one who did not avail moratorium.

Farmer leader Dallewal's fast-unto-death enters Day 17, condition worsens

Farmer leader Dallewal's fast-unto-death enters Day 17, condition worsens

Rediff.com13 Dec 2024

Dallewal has been on a fast-unto-death at the Khanauri border since November 26 to press the Centre to accept demands including a legal guarantee to the MSP on crops.

Heavy security arrangements in place ahead of farmers' Delhi march

Heavy security arrangements in place ahead of farmers' Delhi march

Rediff.com5 Dec 2024

A group of 101 farmers will march to Delhi on Friday from the Shambhu border protest site, farmer leader Sarwan Singh Pandher has said. The march will begin at 1 p.m. and the group will face heavy police and security presence. The farmers are demanding a legal guarantee for minimum support price of crops, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases and "justice" for the victims of the 2021 Lakhimpur Kheri violence. The farmers have been camping at the Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces.

Indians deeply love you: Manmohan had told Bush during 2008 US trip

Indians deeply love you: Manmohan had told Bush during 2008 US trip

Rediff.com27 Dec 2024

Former Indian Prime Minister Manmohan Singh's effusive praise of US President George W Bush during their 2008 meeting in the White House is revisited as a testament to their close relationship and the impact of the landmark Indo-US civil nuclear deal. Singh's statement, while drawing criticism from the Left and BJP, highlighted the transformative nature of the relationship between the two democracies. The article explores the context of their meeting and the broader significance of their relationship in the context of the Indo-US nuclear deal.

Rural women drive Rs 27,000 crore financial inclusion transactions

Rural women drive Rs 27,000 crore financial inclusion transactions

Rediff.com8 Oct 2024

Enterprising women business correspondents, known as BC Sakhis, have facilitated transactions worth Rs 27,000 crore in Uttar Pradesh, earning Rs 75 crore in commission over the past four and a half years. BC Sakhis, appointed under the nationwide women empowerment programme, are members of self-help groups (SHGs) who are trained and certified to provide banking and financial services in rural areas.

In defence of farm loan waivers

In defence of farm loan waivers

Rediff.com26 Dec 2018

Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.

Fasting farmer leader advised hospitalisation

Fasting farmer leader advised hospitalisation

Rediff.com16 Dec 2024

Jagjit Singh Dallewal, a 70-year-old Punjab farmer leader, is on his 21st day of a hunger strike demanding the Indian government address farmers' concerns, including a legal guarantee of MSP on crops. His health has deteriorated, and doctors have recommended immediate hospitalization. However, Dallewal, a cancer patient, has refused medical treatment.

Kisan panchayat called on Jan 4 as Dallewal's hunger strike enters Day 34

Kisan panchayat called on Jan 4 as Dallewal's hunger strike enters Day 34

Rediff.com29 Dec 2024

Jagjit Singh Dallewal, a farmer leader, is on an indefinite hunger strike that has entered its 34th day. The Supreme Court has criticized the Punjab government for not shifting Dallewal to a hospital, while farmer leaders have said they are following Gandhian principles and it is up to the government to decide whether to use force to evict him. The farmers are protesting for several demands, including a legal guarantee for a minimum support price (MSP) for crops. The protests have reached a decisive stage, with the SKM (Non-Political) and Kisan Mazdoor Morcha calling for a Punjab bandh on Monday.