Devidutta Tripathy And Manoj Kumar

Stories by Devidutta Tripathy And Manoj Kumar

As Rajan tightens screws, banks can still disguise bad debts

As Rajan tightens screws, banks can still disguise bad debts

Rediff.com   9 Dec 2015

ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.

India's economic growth seen picking up, RBI may hold rates steady

India's economic growth seen picking up, RBI may hold rates steady

Rediff.com   30 Nov 2015

RBI may hold rates steady as economic parametes are going strong, say experts.

Modi's gold deposit scheme fails to attract investors

Modi's gold deposit scheme fails to attract investors

Rediff.com   19 Nov 2015

Only 400 grams have been deposited so far.

Rajan says bringing down inflation would help stabilise rupee

Rajan says bringing down inflation would help stabilise rupee

Rediff.com   7 Nov 2015

The Reserve Bank of India Governor Raghuram Rajan said bringing down inflation would help stabilise the rupee.

India likely to cut corporate tax earlier than expected

India likely to cut corporate tax earlier than expected

Rediff.com   2 Nov 2015

Corporate tax is likely to be cut to 24%.

India eyes bankruptcy reform to ease decades of gridlock

India eyes bankruptcy reform to ease decades of gridlock

Rediff.com   30 Oct 2015

The changes would be the most ambitious overhaul to date of rules governing the liquidation or revival of companies in India.

India to pay savers less after RBI's latest rate cut, say sources

India to pay savers less after RBI's latest rate cut, say sources

Rediff.com   16 Oct 2015

After making a larger-than-expected cut of 50 basis points on September 29, Rajan urged the federal government to do its bit to accelerate growth through structural reforms.

Starbucks rival to launch India's biggest IPO in 3 years next week

Starbucks rival to launch India's biggest IPO in 3 years next week

Rediff.com   7 Oct 2015

Coffee Day Enterprises Ltd is backed by KKR & Co.

How India can achieve 8-10% GDP growth

How India can achieve 8-10% GDP growth

Rediff.com   17 Sep 2015

The government is aiming for an 8-10 per cent annual economic growth.

State pension funds may invest more in stocks

State pension funds may invest more in stocks

Rediff.com   16 Sep 2015

Finance Minister Arun Jaitley, who wants pension and insurance funds to invest more in equities and infrastructure.

Utility debts threaten Modi's power-for-all drive

Utility debts threaten Modi's power-for-all drive

Rediff.com   13 Sep 2015

Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.

Construction slowdown hits Modi's jobs promise

Construction slowdown hits Modi's jobs promise

Rediff.com   27 Aug 2015

Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes

Slowdown in construction hits Modi's jobs promise

Slowdown in construction hits Modi's jobs promise

Rediff.com   26 Aug 2015

Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.

Govt to raise USD 1.4 billion from Indian Oil share sale

Govt to raise USD 1.4 billion from Indian Oil share sale

Rediff.com   24 Aug 2015

Indian Oil Corporation's stake sale received overwhelming reponse from investors.

India will sell 10% stake in top state-run refiner Indian Oil Corp

India will sell 10% stake in top state-run refiner Indian Oil Corp

Rediff.com   21 Aug 2015

At the current market price of the stock, that stake would be valued at about $1.5 billion.

RIL, 10 others win payment bank permits

RIL, 10 others win payment bank permits

Rediff.com   19 Aug 2015

A total of 41 companies had applied for the permit

Bad debts cloud outlook for India's private sector banks

Bad debts cloud outlook for India's private sector banks

Rediff.com   18 Aug 2015

The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.

Exports contract 10.3% in July y-o-y

Exports contract 10.3% in July y-o-y

Rediff.com   14 Aug 2015

The trade deficit widened to $12.8 billion last month

Govt names private sector bosses to shake up 2 state banks

Govt names private sector bosses to shake up 2 state banks

Rediff.com   14 Aug 2015

It also named bosses for Bank of India, IDBI Bank Ltd and Punjab National Bank from within the state sector

Impact on rupee from China's yuan move to be temporary: CEA

Impact on rupee from China's yuan move to be temporary: CEA

Rediff.com   14 Aug 2015

The rupee fell 1.87 percent against the dollar this week, its biggest fall since late April.