News for '-treasuries'

Shenaz Treasury Video: How to dress for a date on Valentine's Day

Shenaz Treasury Video: How to dress for a date on Valentine's Day

Rediff.com9 Feb 2018

From first date to a special date: The vlogger & former VJ covers it all.

Sky Is NOT The Limit For These Stars

Sky Is NOT The Limit For These Stars

Rediff.com26 Feb 2024

A picture of glamour and grit in the face of an emergency, the air hostess, flight attendant or air stewardess is often the hero we didn't know we needed.

ICICI Bank stock shines in a dull market on good Q3

ICICI Bank stock shines in a dull market on good Q3

Rediff.com31 Jan 2024

ICICI Bank reported good results for the October-December 2023 quarter (Q3), with 24 per cent year-on-year (Y-o-Y) growth in profit after tax (PAT). Net interest margin (NIM) dropped 10 bps quarter-on-quarter (Q-o-Q) to 4.43 per cent. Credit growth was at 19 per cent Y-o-Y (4 per cent Q-o-Q), while deposit growth was at 19 per cent Y-o-Y (3 per cent Q-o-Q).

Improving metrics keep Street positive on stocks of public-sector banks

Improving metrics keep Street positive on stocks of public-sector banks

Rediff.com30 Mar 2024

Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Given the growth and profitability expectations of an 18 per cent return on equity (RoE) over FY24-26, there is still a case for buying at the current levels. While the net interest margins or NIMs may remain range-bound or have a downward bias, there's optimism about possibly better opex ratios and lower non-performing assets (NPAs), plus scope for further credit cost reduction, and healthy treasury performances as interest rates trend down.

New treasury bills to allow flexibility Fin secy

New treasury bills to allow flexibility Fin secy

Rediff.com11 Aug 2009

He said the new short-term treasury bills will be part of the government's same borrowing programme. To meet its burgeoning expenditure, necessitated by the slowing down economy, the government has pegged its market borrowing at over Rs 4.5 lakh crore (Rs 4.5 trillion) for the current fiscal, bulk of which is being raised in the first half.

Nirmalaji Makes Her Point To The US

Nirmalaji Makes Her Point To The US

Rediff.com12 Apr 2023

Finance Minister Nirmala Sitharaman on Tuesday, April 11, 2023, met with US Treasury Secretary Janet Yellen in Washington, DC.

Reserve Bank of India may conduct OMO auction in first week of Nov

Reserve Bank of India may conduct OMO auction in first week of Nov

Rediff.com31 Oct 2023

Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and maturity of bonds. According to market participants, the Reserve Bank of India (RBI) will issue a notification on OMO sales by October 31. They speculate that the central bank might conduct the auctions in multiple tranches of Rs 10,000 crore.

Premji's elder son shifted from fin to treasury

Premji's elder son shifted from fin to treasury

Rediff.com3 Jul 2009

An MBA from Harvard Business School, Rishad, 32, joined the company almost two years ago as a business manager in the Banking and Finance division, which was then headed by Girish Paranjpe, the present joint CEO of the company's IT business. During his stint with GE Capital, Rishad was working in the treasury. Industry analysts say that Wipro is adhering to corporate standards, by treating the chairman's son at par with other employees.

US Treasury Secretary to visit India later this month

US Treasury Secretary to visit India later this month

Rediff.com12 Jun 2012

Aiming to further expand the bilateral economic engagement, US Treasury Secretary Timothy Geithner would travel to New Delhi and Mumbai later this month for the third annual meet of the US-India Economic and Financial Partnership.

Equity market valuation rises as US bond yields ease

Equity market valuation rises as US bond yields ease

Rediff.com18 Dec 2023

The Indian equity market valuation has been moving in tandem with the US 10-year treasury yield. While the benchmark US bond yield has witnessed a nearly 70 basis point decline since the end of October this year, dropping from 4.93 per cent to 4.23 per cent on Friday, the Sensex earnings yield has slipped by nearly 45 basis points - from 4.5 per cent to 4.05 per cent. Previously, Indian equities' earnings yields rose in sync with the US bond yields.

Was Modi Worried About Shyam Rangeela?

Was Modi Worried About Shyam Rangeela?

Rediff.com23 May 2024

Rangeela's presence in the fray could have been trifle uncomfortable for Modi. He may not have posed an electoral challenge to the prime minister, but Rangeela's public meetings could have seen people flocking, if only to hear him mimic Modi. In a completely Modi-centric election, the presence of a 'rival' -- if only for a smattering of audience at his meetings -- would not have been particularly appreciated by Modi, asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.

Looking To Invest Money For Short Term? Read This

Looking To Invest Money For Short Term? Read This

Rediff.com16 Jan 2024

These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.

RIL raises Rs 2,587 cr via sale of treasury stocks

RIL raises Rs 2,587 cr via sale of treasury stocks

Rediff.com4 Jan 2010

A formal announcement by the company is expected anytime, sources added. Treasury stock refers to shares of a company which are not issued to the public, as some are kept in the company's treasury to be used to create extra cash when needed.

Fodder scam: SC refuses to issue notice on CBI plea against bail to Lalu

Fodder scam: SC refuses to issue notice on CBI plea against bail to Lalu

Rediff.com27 Mar 2023

A bench of Justices Ajay Rastogi and Bela M Trivedi said it is not issuing notice but tagging the matter with the pending similar appeal also filed by the CBI.

Should You Invest In Liquid Rate ETF?

Should You Invest In Liquid Rate ETF?

Rediff.com2 Apr 2024

'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'

After 4 months, forex reserves once again above $600 bn

After 4 months, forex reserves once again above $600 bn

Rediff.com8 Dec 2023

India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. The forex reserves were last above the $600 billion mark on August 11 this year. "India's foreign exchange reserves stood at $604 billion as on December 1, 2023.

Sitharaman's sixth budget speech is also her shortest

Sitharaman's sixth budget speech is also her shortest

Rediff.com1 Feb 2024

She also holds the distinction of delivering the longest budget speech at two hours and forty minutes in 2020.

Budget 2024: 'We have to be intelligent'

Budget 2024: 'We have to be intelligent'

Rediff.com1 Nov 2023

'The global situation is not very good.'

Day after Fadnavis's letter to Pawar, Patel meets both dy CMs

Day after Fadnavis's letter to Pawar, Patel meets both dy CMs

Rediff.com8 Dec 2023

On Thursday, Fadnavis wrote a letter to Ajit Pawar opposing NCP leader Nawab Malik sitting on a treasury bench seat.

'WHO ARE YOU?' She Screamed

'WHO ARE YOU?' She Screamed

Rediff.com13 Feb 2024

'You should ask your boyfriend that,' the stranger replied. 'We've never met in person. We've been talking for two years. Met on Words with Friends on Valentine's Day two years ago when you were travelling in Bali, shooting your Instagram videos.' A sobering excerpt about love and relationships from Shenaz Treasury's lively new book, All He Left Me Was a Recipe: Lessons From My Break-Ups.

HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008

HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008

Rediff.com30 Jan 2024

Foreign portfolio investors (FPIs) sold shares worth Rs 20,170 crore ($2.4 billion) recently. This marked the fifth-highest weekly outflow from overseas funds since the beginning of 2008 and the largest since the last week of March 2020. Due to the Covid scare, FPIs had sold shares worth Rs 21,951 crore during that week, causing the market to decline by nearly 20 per cent.

Rs Least Volatile Against $ In 30 Years

Rs Least Volatile Against $ In 30 Years

Rediff.com5 Jan 2024

Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.

Rupee makes a strong comeback in 2023 on back of strong portfolio inflows

Rupee makes a strong comeback in 2023 on back of strong portfolio inflows

Rediff.com8 Jul 2023

After falling 10 per cent against the greenback in 2022, the rupee staged a comeback in 2023 as it appreciated, albeit marginally, on the back of strong portfolio inflows, in addition to timely intervention by the Reserve Bank of India. The Indian unit appreciated by 0.16 percent in six months until June 28. The rupee stood in third place in terms of appreciation against the US dollar among the 12 Asian currencies and in 12th place of the 23 emerging-market currencies.

What If Modi Scores Below 200 Seats...

What If Modi Scores Below 200 Seats...

Rediff.com11 Apr 2024

If the BJP gets only 200 seats and wants to remain in power, Modi will have to make way -- either for a proxy of his choice, or for an internal rival, predicts Nilanjan Mukhopadhyay.

Improved cost ratios to boost State Bank of India's profitability

Improved cost ratios to boost State Bank of India's profitability

Rediff.com26 Feb 2024

India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.

Uniform Civil Code bill tabled in Utt'khand assembly amid Jai Shri Ram chants

Uniform Civil Code bill tabled in Utt'khand assembly amid Jai Shri Ram chants

Rediff.com6 Feb 2024

Several Bharatiya Janata Party-ruled states in the country, including Gujarat and Assam, have expressed their keenness to follow the Uttarakhand UCC as a model.

The RBI Way Of Firefighting

The RBI Way Of Firefighting

Rediff.com8 Apr 2024

Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.

Obama, McCain eye Buffett as next treasury chief

Obama, McCain eye Buffett as next treasury chief

Rediff.com8 Oct 2008

Though Buffett, chief of the Berkshire Hathaway holding company, supported Obama in the race for the White House, McCain was all praise for Buffett's contribution to the global economic crisis.

Plot to kill Pannun: FBI chief to visit India next week

Plot to kill Pannun: FBI chief to visit India next week

Rediff.com7 Dec 2023

It is expected that FBI chief Wray will hold talks with senior Indian security officials.

Tightening India-US 10-year bond yield spread puts rupee under pressure

Tightening India-US 10-year bond yield spread puts rupee under pressure

Rediff.com25 Aug 2023

One of the key factors contributing to the decline in the value of the rupee against the US dollar is the tightening yield spread between the 10-year India government bond and the US government bond. The yield on 10-year Indian government bonds is now only 295 basis points higher than that of US 10-year treasury bonds, the lowest since January 2007. Lower spread means lower incentive for foreign investors to invest in rupee assets, which adversely affects foreign capital inflows into the country and weighs on the rupee-dollar exchange rate.

Banks bid 2.5x against Rs 1.75 trn at VRR auction

Banks bid 2.5x against Rs 1.75 trn at VRR auction

Rediff.com1 Jan 2024

Banks submitted bids amounting to Rs 4.75 trillion, around 2.5 times of the notified amount of Rs 1.75 trillion, at the Variable Rate Reverse Repo (VRR) auction conducted by the Reserve Bank of India (RBI) on December 22, a day after the liquidity deficit in the banking system widened to Rs 2.5 trillion. In the most recent VRR auction held by the RBI on December 15, bids totaling 2.7 times the notified amount were received. Banks secured Rs 1 trillion at a weighted average rate of 6.63 per cent.

Offshore syndication of loans at 15-yr high, zooms to $21 bn in '23

Offshore syndication of loans at 15-yr high, zooms to $21 bn in '23

Rediff.com15 Jan 2024

Funds raised by India Inc. through offshore loan syndication hit a 15-year high in 2023 with companies and banks raising $21.4 billion, the highest since 2007. The momentum is expected to continue in 2024 as well with over $4 billion fund raising expected in the first three months of this year. Companies raise funds, both onshore and offshore, depending on interest rates and activities. Funds raised offshore can be deployed in overseas activities.

Will make my stand on Nawab Malik known after...: Ajit Pawar

Will make my stand on Nawab Malik known after...: Ajit Pawar

Rediff.com8 Dec 2023

Maharashtra Deputy Chief Minister Ajit Pawar said on Friday that he would first speak with Nawab Malik to understand the former minister's position about his political affiliation before explaining his Nationalist Congress Party group's stand on the matter.

Faux pas by Treasury Bench on a Food Security Bill clause

Faux pas by Treasury Bench on a Food Security Bill clause

Rediff.com27 Aug 2013

It was a faux pas by Treasury Benches members when they voted against a clause in the Food Security Bill in the Lok Sabha on Monday night, thinking it was a division on an amendment moved by the Leader of the Opposition Sushma Swaraj.

Cong appoints observers in 4 states ahead of results

Cong appoints observers in 4 states ahead of results

Rediff.com4 Dec 2023

The Congress has appointed observers to coordinate meetings of its legislature party in four states where assembly election results will be declared on Sunday.

Nirmala, Kharge spar in Rajya Sabha over 'weak women' remark

Nirmala, Kharge spar in Rajya Sabha over 'weak women' remark

Rediff.com19 Sep 2023

Rajya Sabha witnessed heated exchanges between the treasury and opposition benches after Congress leader Mallikarjun Kharge made remarks on the manner in which political parties select women candidates from weaker sections and raised the issue of 'delayed' GST payments to non-Bharatiya Janata Party ruled states.

Buying in index majors help Sensex gain 330 points

Buying in index majors help Sensex gain 330 points

Rediff.com30 Oct 2023

Among the Sensex firms, UltraTech Cement, Reliance Industries, ICICI Bank, HDFC Bank, Bharti Airtel, IndusInd Bank, State Bank of India, Tata Consultancy Services, Larsen & Toubro, Kotak Mahindra Bank and State Bank of India were the major gainers. In contrast, Tata Motors, Maruti, Axis Bank, Mahindra & Mahindra, ITC, NTPC, Tata Steel and Bajaj Finserv were the major laggards.

Govt using probe agencies to do hafta-vasooli: Cong

Govt using probe agencies to do hafta-vasooli: Cong

Rediff.com24 Feb 2024

In his letter to Sitharaman, Venugopal said media reports have exposed the alleged "quid-pro-quo between BJP and several firms, which in a strange coincidence donated to it, after the Enforcement Directorate (ED), Income Tax Department (IT) and Central Bureau of Investigation (CBI) and others, raided or searched those enterprises".

Record FPI inflows in debt market mark over 6-year high in December

Record FPI inflows in debt market mark over 6-year high in December

Rediff.com9 Jan 2024

Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.

Uddhav meets Ajit Pawar for first time since NCP split

Uddhav meets Ajit Pawar for first time since NCP split

Rediff.com19 Jul 2023

The former chief minister noted that he had worked with Pawar in his cabinet and knew his style of functioning. Pawar was Thackeray's deputy in the previous Maha Vikas Aghadi government.