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About 389 results for "rediff money"

Black money: Truth behind FinMin's 'compliance window'

Modi@1: Where is the black money?

uttam Have you seen 'Modi @1 : Where is the black money?' on Rediff yet-You should... and now 43 minutes ago sadhuram agrawal RT @newsanalysisind : Jethmalani who called Modi as Vishnu avtar, & Jaitley who rep every where ..., 1 month ago
Silicon India

5 Things You Shouldn't Be Hiding From Income Tax Department

BENGALURU: The word Income Tax brings shivers down our spine when the financial year starts. We all spend our money and buy expensive items all year round but when it comes to paying taxes, most of us back off because people always back away for ...
 Silicon India3 hours ago

What are affluent Indians doing with their money?

Erm... it is not what Kunal Khemmu is doing here :-) The good folks at Visa have just released their most recent Visa Asia Pacific Affluent Study. And this is what we have learnt from it about affluent Indians: 1. They're young. The average age of India's affluent, according to the survey, is 34 years. Which isn't surprising considering India has more than half of its population under 25 and more than 65 per cent below the age of 35. BTW, this average age is lower than most Asia Pacific ...
 Rediff.com4 hours ago

Using gold deposit as CRR or SLR: Pros and cons

Any liquid money that gold replaces for CRR or SLR compliance will allow banks to use this 'extra' cash for lending to borrowers Has it ever happened to you that you enter an ATM to withdraw money only to return empty-handed because the bank was out of cash? Highly unlikely. This is because the Reserve Bank of India (RBI) has in place certain policy regulations that prevent such a scenario from occurring. The RBI does this with two tools of leverage, called CRR (Cash Reserve Ratio) and SLR ...
 Rediff.com11 hours ago

Yes Bank to infuse USD 1-bn capital through ADR

Yes Bank on Monday preferred to raise money through an ADR issue under its USD 1-billion capital infusion plan next fiscal. The Mid-sized private sector lender stressed that the court order in a case involving its promoters will not impact these ...
 Siasat Daily2 days ago YES Bank plans to raise $1-bn via ADR issue next fiscal  Hindu Business Line4 days ago Yes Bank plans $1-billion ADR issue next fiscal  Press Trust of India4 days ago YES Bank plans to raise $1 bn via ADR issue next fiscal  Business Today India4 days ago

IPL money laundering case: ED seeks legal assistance 'overseas'

Former IPL Chairman Lalit Modi with the owner of Royal Challengers Bangalore Vijay Mallya. Photograph: Getty Images The Enforcement Directorate (ED) has sought legal assistance from Singapore and Mauritius to take forward its probe in the alleged financial irregularities in the Indian Premier League tournament (IPL) and its former chairman Lalit Modi.  Officials said the agency has initiated the "legal procedures" to obtain from a court two Letters ...
 Rediff.com2 days ago Lalit Modi row: ED seeks assistance from Singapore, Mauritius to probe money laundering  Rediff.com2 days ago

Jaitley talks tough on black money, sells India story

  'This is the first year when I initiated some harsh measures to counter the black money menace and I have received the highest criticism' Union Finance Minister Arun Jaitley said in Silicon Valley on Tuesday that the government is going to get tough on black money and would soon announce a few strict measures. "I don't want to offend anybody but I think we have to get out of the cynical mindset. “I had a law passed in the parliament and in a few days I am going to announce the ...
 Rediff.com1 week ago Arvind Subramanian on how to tackle the menace of black money  Rediff.com1 week ago

Growth, fiscal deficit and the two prices of money

It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade. Even as the issue of the liability of foreign portfolio investors to pay minimum alternate tax is still to be resolved, another tax issue seems to have cropped up, at least for “India-focused” FPIs. One hopes that these issues get resolved soon and do not lead to a capital flight. To be sure, Governor Raghuram Rajan has claimed  that India has three layers of ...
 Rediff.com1 week ago

'Copa America prize money not in doubt '

‘As far as I understand, neither the Copa America nor the Libertadores Cup are at risk’ Venezuela fans are seen through a window during the Copa America match in Santiago, Chile. Photograph: Ricardo Moraes/Reuters South American soccer's governing body CONMEBOL has enough prize money to get through the Copa America but might struggle to meet its commitments for future tournaments, the head of Paraguay's APF said on Tuesday. Alejandro Dominguez was responding to media reports ...
 Rediff.com1 week ago

World anti-money laundering body deletes FIFA-related warning

'We don't have any direct evidence that financial institutions have done necessarily anything wrong' Swiss police officers stand in front of the entrance of the FIFA headquarters in Zurich. Photograph: Arnd Wiegmann/Reuters A world anti-money laundering body has deleted all trace of an alert it issued last week warning that financial institutions had not done enough to police suspicious financial activity by officials at FIFA, soccer's global governing body. FIFA scandal takes ugly turn ...
 Rediff.com1 week ago
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