The government has decided to chalk out a two-year programme to push financial inclusion initiatives by banks to bring it in line with the unique identity plan for the country.
Amid reports that Indian corporate giant Reliance Industries was mobilising funds for its acquisition, global petrochemical major LyondellBasell has said it has not yet received a final bid.
The country's largest lender, State Bank of India, has chalked out strategies to grow aggressively in overseas markets, especially Singapore, in this fiscal, a top SBI official said.
He was all smiles on Sunday but there were times earlier this year when Rafael Nadal's uncle and coach Toni feared his nephew was struggling to recover from the darkest period of his career.
Top male swimmers are so frustrated by the controversy that they are even threatening to whip out their old trunks and trail in last if it means they keep their credibility.
Human rights situation deteriorated in much of Asia and Pacific region in the first quarter of this year, with conflicts in Sri Lanka and Pakistan adversely affecting innocent civilians, global human rights body Amnesty International said on Thursday.
Sevilla sealed their place in the last four of the King's Cup on Wednesday when they lost their quarter-final second-leg 1-0 at home to Deportivo Coruna but went through 3-1 on aggregate.
The announcement has been enabled by the IMF's recent announcement of a framework for issuance of notes to the official sector. These notes will allow investments in the IMF to be treated as international reserves. Therefore, RBI will be able to invest a portion of its foreign reserves in the IMF.
Preparing herself for the gruelling hard court season ahead, Sania Mirza advanced to the semi-finals of the USD 50,000 ITF Challenger tournament in Lexington, USA, after Lindsay Lee-Waters withdrew from the contest on Saturday.
Swimming's top nations are setting their sights on how to deal with midnight finishes during the Rio 2016 Olympics.
The ten-year-old girl from Mumbai is the youngest-ever in swimming history to complete the 10km Bermuda Round the Sound Open Swimathon in the Atlantic Ocean. Her feat on October 18 also made her the first Indian to win a gold medal in the under-12 category, and put her in contention for a place in the next edition of the Limca Book of Records.
In a bid to safeguard their firms against fraud, many multinational companies are contacting Certified Fraud Examiners for checking their accounts and financial transactions.
Consumer finance schemes and credit card purchases are gradually enjoying a greater share in the sale of consumer durables.
Mexico coach Sven-Goran Eriksson was fired on Thursday, less than 24 hours after his team lost 3-1 to Honduras in a World Cup qualifier. The Swede's position has been the subject of frequent speculation after several away defeats including two World Cup reverses in Honduras and one in Jamaica.
Troubled financial services firm Citigroup is inviting bids for selling its Japanese brokerage unit, Nikko Cordial, in an effort to raise over $5 billion, a media report says.
Serena Williams saved three match points and Novak Djokovic revived his stuttering Australian Open preparations in fierce heat at the Sydney International on Wednesday.
We live under the most liberal trade regime in history not because the WTO enforces it, but because important countries - rich and poor alike - find greater openness to be in their best interest.
Former champions Bengal put themselves in a difficult situation to qualify for the semi-finals after being held to a 1-1 draw by a fighting Manipur in their second Group A quarter-final league match of the Santosh Trophy in Chennai on Thursday.
The Indian economy is slowing, and earnings are at greater risk than most realise.
Seven public sector entities including the Life Insurance Corporation and State Bank of India on Friday submitted expressions of interest to the Pension Fund Regulatory and Development Authority
The chief of the country's second largest public-sector lender said interest rates should fall as and when inflation eases, but pointed out the need to lower deposit rates first.
These dreams are likely to burst - and may blow away your financial future in the process.
A Serbian protest over the result of the men's 100 metres butterfly final Saturday, when Milorad Cavic was beaten by 0.01 seconds by American Michael Phelps, was rejected by the sport's governing body, FINA.
Virdhawal Khade's campaign in the 200 metres freestyle sunk without a trace at the Water Cube. The Kolhapur boy clocked 1:51.86 seconds and finished seventh in the eight-man Heat 4 and overall 48th on the chart.
Arsenal will face Twente Enschede after the teams were paired in the Champions League third qualifying round draw.
The world's top four players will face off at the Cincinnati Masters on Saturday as Roger Federer, Andy Murray, Rafa Nadal and Novak Djokovic go head-to-head in two mouth watering semi-finals.
ICICI Bank will release Rs 100 crore (Rs 1 billion) over 5 years through Fabindia's subsidiary, Artisans Micro Finance.
Organisers of the 2010 New Delhi Commonwealth Games should show urgency, including in the preparation of home athletes, the Commonwealth Games Federation said on Wednesday.
However, for those investors, who are simply looking at earning a return inline with the markets, index funds are great.
Saina Nehwal thrashed Indonesia's Pia Zebadiah Bernadet to enter the women's singles final in the Yonex Chinese Taipei Open Grand Prix Gold badminton tournament on Saturday. The world No 14-ranked Indian, who became the first Indian woman to win a four-star badminton tournament at the Philippines Open in 2006, won the semi-final 21-7, 21-11.
Ace Indian shuttler P Kashyap reached the final of the Open Volant d'Or after beating Pablo Abian of Spain in a gruelling last-four encounter in Toulouse, France.
Steve Finn helped England dominate Australia in another Ashes Test at Edgbaston on Friday to take a 2-1 series lead. A day later, there were celebrations across China as Beijing won the rights to host the 2022 Winter Olympics. And, on Sunday, Premier League club Arsenal finally won bragging rights after beating Chelsea 1-0 to clinch the Community Shield to kick-start their season on a positive note. Rediff.com has all this and a lot more action from the week gone by, snapped right here!
Gilles Simon scored a 6-4, 6-4 victory over defending champion Dmitry Tursunov at the Indianapolis Championships on Sunday.
The report quoted unnamed sources at Land Rover as saying, "It is definitely Tata. There is one final meeting and so long as there is no last minute hitches, which are not expected, then an announcement will be made on Friday." The final details would be worked out in the next six weeks, it added. The report also quoted a union official as saying that Mahindra's bid fell flat because of links to a private equity firm as the Indian firm was working with Apollo.
Rafael Nadal beat Roger Federer 7-5 3-6 7-6 3-6 6-2 to become the first Spaniard to win the Australian Open title on Sunday.
Eight-year-old Swapnali Yadav says she now wants to conquer the English Channel.
The finance minister is required to submit the Budget to the Parliament usually on the last day of February so that the Lok Sabha has one month to review and modify the Budget proposals.
The government is pushing state-owned banks to offer interest rates on housing loans up to Rs 20 lakh (Rs 2 million) at pre-2004 levels.
Reliance Industries, the country's largest private oil company, is seeking oil and gas fields in Kurdistan.
Growth rates in sales and profits have been low in Q2 FY08 as expected while the stock markets are still high. What should investors do?
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances