News for '-treasury'

Right Time To Invest In Govt Bonds

Right Time To Invest In Govt Bonds

Rediff.com4 Nov 2022

Investors not comfortable investing directly may take the mutual fund route, where they get exposure to a diversified portfolio of bonds.

Why Nitish-Tejashwi Sacked 81 Doctors

Why Nitish-Tejashwi Sacked 81 Doctors

Rediff.com27 Jan 2023

Some doctors were absent from duty for 20 years, others for 15, some for 12. About 64 doctors remained absent from duty for more than five years.

Murmu, Sinha in fray for Presidential poll after scrutiny of papers

Murmu, Sinha in fray for Presidential poll after scrutiny of papers

Rediff.com30 Jun 2022

Mody, the returning officer for the presidential election, said 115 nomination papers of 94 persons were received till Wednesday, of which 107 were rejected for not meeting the required criteria.

Rupee sinks 60 paise to close at all-time low of 77.50/USD

Rupee sinks 60 paise to close at all-time low of 77.50/USD

Rediff.com9 May 2022

The rupee extended its losses and slumped 60 paise to close at a record low of 77.50 (provisional) against the US dollar on Monday, pressured by the strength of the American currency overseas and unabated foreign fund outflows. Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks. At the interbank foreign exchange market, the rupee opened lower at 77.17 against the greenback, and finally settled for the day at 77.50, down 60 paise over its previous close.

Will Kerala Go North-East Way To BJP?

Will Kerala Go North-East Way To BJP?

Rediff.com13 Mar 2023

If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.

Modi urges people to visit historical railway stations in their vicinity

Modi urges people to visit historical railway stations in their vicinity

Rediff.com31 Jul 2022

The railways observed a week of Azadi ki Rail Gadi, from July 18-23, through 27 trains and 75 railway stations, across 24 states that are linked to the Indian freedom struggle.

Banks' Romance With Profit Will End In March

Banks' Romance With Profit Will End In March

Rediff.com1 Mar 2023

The drop in net interest margin will separate the men from the boys, explains Tamal Bandyopadhyay.

Cong raises heat against Irani as MPs protest in Parliament

Cong raises heat against Irani as MPs protest in Parliament

Rediff.com29 Jul 2022

Congress MPs staged a protest in front of the Gandhi statue in Parliament complex demanding an apology from the government for Irani's confrontation with Congress president Sonia Gandhi on Thursday.

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Rediff.com28 Jul 2022

Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.

US Wants To Be Friends With Taliban?

US Wants To Be Friends With Taliban?

Rediff.com4 Feb 2022

Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.

Imran Khan to hold office till caretaker PM is appointed

Imran Khan to hold office till caretaker PM is appointed

Rediff.com4 Apr 2022

Imran Khan will continue to be the prime ninister of Pakistan until the appointment of a caretaker premier, according to a notification issued by President Arif Alvi on Monday.

China puts hold on proposal at UN to blacklist 26/11 LeT handler

China puts hold on proposal at UN to blacklist 26/11 LeT handler

Rediff.com17 Sep 2022

China has put a hold on a proposal moved at the United Nations by the United States and co-supported by India to designate Lashkar-e-Taiba (LeT) terrorist Sajid Mir, one of India's most wanted terrorists and the main handler of the deadly 2008 Mumbai attacks, as a global terrorist.

Dj vu? Analysts ring warning bell on market rally

Dj vu? Analysts ring warning bell on market rally

Rediff.com16 Sep 2022

It has mostly been a one-way street for markets that have moved up sharply since July. The front-line indices - the S&P BSE Sensex and the Nifty50 - have gained 6.7 per cent and 7.3 per cent, respectively, in the past three months. The rally in mid- and small-caps has been sharper, with both indices surging 14 per cent and 9 per cent, respectively, during this period. This sharp run has made analysts at Jefferies cautious.

Landmark moment for nation: PM Modi on OBC bill

Landmark moment for nation: PM Modi on OBC bill

Rediff.com12 Aug 2021

Hailing the passage of a bill that restores states' rights to identify Other Backward Classes, Prime Minister Narendra Modi said on Wednesday that it underscores his government's commitment to ensuring dignity, opportunity and justice to the marginalised sections.

Don't Miss Signs Of Economic Slowdown!

Don't Miss Signs Of Economic Slowdown!

Rediff.com28 Oct 2022

Don't be surprised if growth in the second half of the financial year drops below 4%, which is where it was in the year before the pandemic, warns T N Ninan.

Roopa Ganguly breaks down in RS over WB killings, demands Prez Rule in state

Roopa Ganguly breaks down in RS over WB killings, demands Prez Rule in state

Rediff.com25 Mar 2022

Ganguly broke down as she raised the issue of eight people, including two children, being burnt to death in Bogtui village in Birbhum, saying to be born in West Bengal is not a crime.

Lalu fined Rs 6000 in 2009 model poll code violation case

Lalu fined Rs 6000 in 2009 model poll code violation case

Rediff.com8 Jun 2022

Rashtriya Janata Dal chief Lalu Prasad was fined Rs 6,000 by a court in Jharkhand's Palamu district on Wednesday for violating the model code of conduct during the 2009 assembly elections in the state.

SBI launches its first dedicated branch for start-ups in Bengaluru

SBI launches its first dedicated branch for start-ups in Bengaluru

Rediff.com16 Aug 2022

State Bank of India (SBI) on Tuesday announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country here, to facilitate and support them. The branch launched by SBI chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city. "...overall we are in a position to provide end-to-end services to start-ups, with that in mind this particular start-up branch is the first start-up branch we are starting, from the capital city of start-ups- Bengaluru.

Foreign Fund Flows Remain Weak For Banks

Foreign Fund Flows Remain Weak For Banks

Rediff.com3 Oct 2022

Based on the current momentum, the funds likely to be raised through the RBI's relaxed window would be $3.5 billion-$4 billion.

Abe Shinzo's Final Journey

Abe Shinzo's Final Journey

Rediff.com12 Jul 2022

Three days after he was shot while delivering a speech in the western Japanese city of Nara, Abe Shinzo, Japan's longest serving prime minister, began his final journey in Tokyo.

Lower bad loans push PSU banks' profitability in June quarter

Lower bad loans push PSU banks' profitability in June quarter

Rediff.com11 Aug 2022

Public sector banks have raked in more profits in the three months ended June on the back of a persistent decline in bad loans and the trend may have a positive bearing on their balance sheets in the coming quarters. In the June quarter, Bank of Maharashtra (BoM) and State Bank of India (SBI) were in the lowest quartile as far as Gross Non Performing Assets (NPAs) and net NPAs were concerned, according to an analysis of the quarterly financial numbers published by the public sector lenders. Cumulatively, all the 12 public sector banks reported a profit of about Rs 15,306 crore in the three months ended June, registering an annual growth of 9.2 per cent. However, leading public sector lenders -- SBI and PNB -- posted lower profits in the June quarter.

Jagdeep Dhankhar to take oath as 14th Vice President of India today

Jagdeep Dhankhar to take oath as 14th Vice President of India today

Rediff.com11 Aug 2022

President Droupadi Murmu will administer the Oath of Office to the elected Vice President of India Jagdeep Dhankhar at Rashtrapati Bhavan at 11.45 am on Thursday.

Banks' bottom line improves as bad loans continue to fall

Banks' bottom line improves as bad loans continue to fall

Rediff.com16 Feb 2022

Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.

Lalu appears before CBI court in fodder scam case

Lalu appears before CBI court in fodder scam case

Rediff.com23 Nov 2021

Special CBI judge Prajesh Kumar, who had last week ordered the former Bihar chief minister to appear in person, fixed November 30 as the next date of hearing.

Guv stages unprecedented walkout amid high drama at TN assembly

Guv stages unprecedented walkout amid high drama at TN assembly

Rediff.com9 Jan 2023

Tamil Nadu Governor R N Ravi on Thursday staged an unprecedented walkout from the state assembly following a face-off with Chief Minister M K Stalin over the former's customary address to members of the house in its first session of the year.

'No vaccination, no salary' for govt employees in Firozabad

'No vaccination, no salary' for govt employees in Firozabad

Rediff.com2 Jun 2021

As per the order, if an employee does not take Covid vaccine, the department will initiate action and stop their salary for the month of May.

How Did Emma Chamberlain Get Patiala Maharaja's Choker?

How Did Emma Chamberlain Get Patiala Maharaja's Choker?

Rediff.com11 May 2022

While social media has been agog about Emma's necklace, Maharaja Bhupinder Singh's grandson Captain Amarinder Singh (retd), the former Punjab chief minister, hasn't said anything yet.

Investors' wealth plummets over Rs 6.80 lakh cr in 3 days

Investors' wealth plummets over Rs 6.80 lakh cr in 3 days

Rediff.com20 Jan 2022

Investors' wealth has eroded by over Rs 680,441 crore in three days of market fall amid weak global trends and muted domestic sentiments. Extending its losses for the third straight day, BSE benchmark Sensex on Thursday finished below the 60,000-level, weighed by hectic selling in IT, energy and finance stocks amid a sell-off in European equities. The index has lost 1,844.29 points in three sessions.

BJP launches its own yatra in MP to counter Rahul's Bharat Jodo

BJP launches its own yatra in MP to counter Rahul's Bharat Jodo

Rediff.com27 Nov 2022

The politically crucial Malwa-Nimar region of Madhya Pradesh played a key role in propelling the Congress to power in 2018 after a gap of 15 years and the party is utilising the Rahul Gandhi-led Bharat Jodo Yatra to strengthen its position in the belt a year ahead of the assembly polls.

Want Minimal Risk Investment? Liquid Funds Best Bet

Want Minimal Risk Investment? Liquid Funds Best Bet

Rediff.com5 Sep 2022

The returns from liquid funds, currently, look better than what savings accounts of leading banks are offering, points out Sarbajeet K Sen.

A Banking Year Marked By Three Cs

A Banking Year Marked By Three Cs

Rediff.com5 Jan 2023

RBI Governor Shaktikanta Das kept the red flag on cryptocurrencies flying, warning that the next financial crisis can be triggered by private cryptocurrencies if such speculative instruments are allowed to grow.

BJP disrupts Bengal governor's speech over civic poll violence

BJP disrupts Bengal governor's speech over civic poll violence

Rediff.com7 Mar 2022

High drama was witnessed on the first day of the budget session of the West Bengal assembly on Monday as Governor Jagdeep Dhankhar was forced to table his inaugural address with Bharatiya Janata Party legislators staging a protest in the House over alleged violence in the recently concluded civic elections in the state.

Cong urges Muslim community to back it in Guj polls, asks to defeat AIMIM, AAP

Cong urges Muslim community to back it in Guj polls, asks to defeat AIMIM, AAP

Rediff.com21 Jul 2022

State Congress president Jagdish Thakor urged Muslim leaders, including Pirzada, to frame a time-bound programme targeting 60 assembly seats with sizable Muslim population.

Imran Khan nominates former CJ of Pak as caretaker PM

Imran Khan nominates former CJ of Pak as caretaker PM

Rediff.com4 Apr 2022

Former information minister and senior leader of the Pakistan Tehreek-e-Insaf Party Fawad Chaudhry said that the premier made the decision after approval from the party's core committee.

China stalls India, US bid to blacklist JeM chief's brother

China stalls India, US bid to blacklist JeM chief's brother

Rediff.com11 Aug 2022

China has put a hold on a proposal by the United States and India at the United Nations to blacklist Abdul Rauf Azhar, the brother of Jaish-e Mohammed (JEM) chief Masood Azhar and a senior leader of the Pakistan-based terror organisation.

Adani Ports junks Myanmar plans

Adani Ports junks Myanmar plans

Rediff.com27 Oct 2021

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year. APSEZ, the largest port developer in India, is part of the globally diversified Adani Group. "The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.

US blacklists South Africa's Gupta family over widespread corruption

US blacklists South Africa's Gupta family over widespread corruption

Rediff.com10 Oct 2019

The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.

How Rahul Gandhi Rattled The BJP

How Rahul Gandhi Rattled The BJP

Rediff.com3 Feb 2022

The first round has clearly gone to Rahul. Now all eyes on Prime Minister Modi's reply to the debate on motion of thanks, when one can be sure he will respond in his characteristic style.

A word of caution for investors as market risks rise

A word of caution for investors as market risks rise

Rediff.com19 Mar 2021

The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that have now hit $70 a barrel (Brent) coupled with inflation woes and fear of sporadic lockdown across major economic hubs back home as Covid cases rise have chased the bulls away. In the short-term, analysts expect the markets to remain volatile as they react to news flow - both from overseas and developments back home. Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs), including India.