News for '-treasury'

No-trust vote against Imran likely to take place at 8.30 pm

No-trust vote against Imran likely to take place at 8.30 pm

Rediff.com9 Apr 2022

The Opposition parties need 172 members in the 342-member house to orchestrate the downfall of Prime Minister Khan.

Pak enacts law to allow Kulbhushan challenge his conviction

Pak enacts law to allow Kulbhushan challenge his conviction

Rediff.com17 Nov 2021

The law allowed Jadhav to challenge his conviction in the high court through a review process which was a requirement of the ICJ verdict.

US Fed cuts interest rate to almost zero

US Fed cuts interest rate to almost zero

Rediff.com16 Mar 2020

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.

Sensex, Nifty soar to record highs amid global rally

Sensex, Nifty soar to record highs amid global rally

Rediff.com20 Jan 2021

Among Sensex stocks, Maruti rose the most, followed by Tech Mahindra, Mahindra & Mahindra and Asian Paints. Gains in Reliance, TCS, Infosys, HCL Tech, HDFC and ICICI Bank also helped the barometer extend its rally for a second day.

Sensex ends 3-day rally; falls below 51,000

Sensex ends 3-day rally; falls below 51,000

Rediff.com4 Mar 2021

On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards - dropping up to 2.62 per cent. NSE Nifty closed with a loss of 164.85 points at 15,080.75.

Chelsea future uncertain after sanctions against owner Abramovich

Chelsea future uncertain after sanctions against owner Abramovich

Rediff.com10 Mar 2022

Britain said it had imposed asset freezes on Chelsea soccer club owner Roman Abramovich

Stock Markets Unconcerned About Inflation

Stock Markets Unconcerned About Inflation

Rediff.com24 Mar 2022

We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.

US slaps sanctions against Pakistan-based terrorists

US slaps sanctions against Pakistan-based terrorists

Rediff.com8 Feb 2018

The Trump Administration called on the Pakistani government to deny sanctuaries to 'dangerous' individuals and organisations.

Vanraj Bhatia's CHALLENGE for Lata Mangeshkar

Vanraj Bhatia's CHALLENGE for Lata Mangeshkar

Rediff.com11 May 2021

'It was one of the most difficult and complex songs of my career.'

RBI's lack of support pushes up bond yields

RBI's lack of support pushes up bond yields

Rediff.com23 Feb 2021

The bond market is not in a mood to reason with the Reserve Bank of India (RBI) on keeping yields low. The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent. The yield was at 6 per cent a week ago. The RBI wants the yields to remain at 6 per cent, but bond dealers say the central bank will have to step up its bond-buying programme.

Sensex rallies 558 pts on gains in RIL, HDFC Bank and L&T

Sensex rallies 558 pts on gains in RIL, HDFC Bank and L&T

Rediff.com27 Apr 2021

L&T was the top gainer in the Sensex pack, rising over 3 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank, SBI and HDFC Bank. NSE Nifty surged 168.05 points to 14,653.05.

Confusion In The Crypto Universe

Confusion In The Crypto Universe

Rediff.com23 Feb 2022

While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.

Are Banks In Good Shape?

Are Banks In Good Shape?

Rediff.com19 Apr 2022

Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.

Banks may take Rs 30,500-cr hit on rising bond yields

Banks may take Rs 30,500-cr hit on rising bond yields

Rediff.com14 Feb 2018

Out of the total potential loss, the share of state-run banks will be Rs 24,800 crore in FY18, while that of the private sector banks will be Rs 5,700 crore

Another day of adjournments at RS as Opposition keeps up protest

Another day of adjournments at RS as Opposition keeps up protest

Rediff.com7 Dec 2021

Rajya Sabha proceedings were adjourned for the day on Tuesday after repeated stoppages as opposition members continued to protest demanding the revocation of suspension of 12 members.

Sensex zooms 834 points; Nifty reclaims 14,500 level

Sensex zooms 834 points; Nifty reclaims 14,500 level

Rediff.com19 Jan 2021

Bajaj Finserv was the top gainer in the Sensex pack, rallying around 7 per cent, followed by Bajaj Finance, HDFC, L&T, ICICI Bank, Sun Pharma and NTPC. On the other hand, Tech Mahindra, ITC and M&M were the laggards.

Should RBI print money and finance govt's fiscal deficit?

Should RBI print money and finance govt's fiscal deficit?

Rediff.com15 Jun 2021

Experts disagree with the idea and the Reserve Bank of India (RBI), which has the sole right to print money, is not comfortable with it as well.

Biden picks Kashmiri-origin Sameera Fazili in WH team

Biden picks Kashmiri-origin Sameera Fazili in WH team

Rediff.com16 Jan 2021

In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.

Oppn members throw papers, torn placards in LS; 3 bills passed amid din

Oppn members throw papers, torn placards in LS; 3 bills passed amid din

Rediff.com29 Jul 2021

The Opposition intensified its noisy protests in Lok Sabha on Wednesday over Pegasus snooping, farm laws and other issues with some unruly members even hurling papers and torn placards in the House, but the government went ahead with its legislative agenda and three bills were passed amid the din.

Global Corruption Index And Its Imperialist Past

Global Corruption Index And Its Imperialist Past

Rediff.com20 Feb 2022

With corruption rankings, the White-Anglo-Saxon-White Caucasian countries have succeeded in discovering a replacement for the old form of imperialistically deracinating the rest of the world, argues Sudarshan Madabushi.

Trump signs 'hard-hitting sanctions' against Iran

Trump signs 'hard-hitting sanctions' against Iran

Rediff.com24 Jun 2019

Trump said the sanction will deny the Iranian Supreme leader access to financial instruments.

Rajya Sabha issues code of conduct for members ahead of budget session

Rajya Sabha issues code of conduct for members ahead of budget session

Rediff.com29 Jan 2022

As per the rules and regulations, members must not do anything that brings disrepute to the Parliament and affects their credibility, and members must utilise their position as Members of Parliament to advance general well-being of the people.

Karnataka minister, Congress chief nearly come to blows in House over 'insult to flag'

Karnataka minister, Congress chief nearly come to blows in House over 'insult to flag'

Rediff.com16 Feb 2022

Pandemonium prevailed in the Karnataka assembly on Wednesday with Minister for Rural Development and Panchayat Raj K S Eshwarappa and State Congress president D K Shivakumar charging towards each other stopping short of coming to blows.

Lesson For Rahul and Priyanka...

Lesson For Rahul and Priyanka...

Rediff.com16 Feb 2022

Measure each word you utter in public, advises Virendra Kapoor.

Debt schemes see worst ever outflows in FY20

Debt schemes see worst ever outflows in FY20

Rediff.com10 Apr 2020

Overall, the MF industry saw nearly Rs 5 trillion, or 18 per cent, of asset erosion in March, with the asset base shrinking to Rs 22.26 trillion from Rs 27.22 trillion at February-end.

Biden picks retired Army general Lloyd Austin to run Pentagon

Biden picks retired Army general Lloyd Austin to run Pentagon

Rediff.com8 Dec 2020

If confirmed by the Senate, the 67-year-old career military officer would be the first African-American to lead the Department of Defence.

Rishi Sunak's tweet lands tea company in hot water

Rishi Sunak's tweet lands tea company in hot water

Rediff.com25 Feb 2020

In a Twitter post last Friday, the 39-year-old son-in-law of Infosys co-founder Narayana Murthy is seen holding a bag of Yorkshire Tea along with the message: 'Quick Budget prep break making tea for the team. Nothing like a good Yorkshire brew.' It attracted a host of trolls and negative reactions, largely directed against the ruling Conservative Party but also targeted at Yorkshire Tea -- one of the UK's oldest tea brands.

In one of worst daily falls, Sensex tanks 1,939 points

In one of worst daily falls, Sensex tanks 1,939 points

Rediff.com26 Feb 2021

Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.

'Preserve Capital In 2022'

'Preserve Capital In 2022'

Rediff.com21 Dec 2021

'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'

Attacking Congress in RS, Modi invokes 1984 riots, Kashmiri Pandits

Attacking Congress in RS, Modi invokes 1984 riots, Kashmiri Pandits

Rediff.com9 Feb 2022

"The Congress in a way is in the grip of urban Naxals. That is why its thought has become negative," Modi alleged in his 90-minute speech.

Lalu sentenced to 14 years in prison in 4th fodder scam case

Lalu sentenced to 14 years in prison in 4th fodder scam case

Rediff.com24 Mar 2018

The court had on March 19 held the 69-year-old Rashtriya Janata Dal chief guilty along with 18 others in connection with the case - RC 38 A/96.

Fodder scam: Lalu pleads for leniency; sentencing tomorrow

Fodder scam: Lalu pleads for leniency; sentencing tomorrow

Rediff.com5 Jan 2018

The court to announce punishment against Lalu tomorrow at 2 pm via video conferencing.

Lalu convicted in 4th fodder scam case

Lalu convicted in 4th fodder scam case

Rediff.com19 Mar 2018

The court in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs 3.13 crore from the Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar.

HSBC, StanChart processed trillions of dollars in suspicious funds: Report

HSBC, StanChart processed trillions of dollars in suspicious funds: Report

Rediff.com21 Sep 2020

Some of the world's biggest banks including HSBC, JPMorgan Chase and Standard Chartered moved trillions of dollars identified as being potentially tied to money laundering or other crimes despite raising concerns about those transactions in filings with US regulators, reports South China Morning Post.

Naidu: Sacrilege of House is democratic but action is not?

Naidu: Sacrilege of House is democratic but action is not?

Rediff.com2 Dec 2021

The Rajya Sabha chairman said this was not the first time that such a suspension has happened. Starting in 1962 till 2010, members were suspended on 11 occasions in furtherance to motions moved by the governments of the day.

$1-bn outflows: FPIs turn wary of India on worsening Covid virus crisis

$1-bn outflows: FPIs turn wary of India on worsening Covid virus crisis

Rediff.com30 Apr 2021

Covid-19, US yields, dollar to weigh on equity flows in the near term.

Lalu awarded 5-yr jail term in third fodder scam case

Lalu awarded 5-yr jail term in third fodder scam case

Rediff.com24 Jan 2018

Former chief minister Jagannath Mishra was also found guilty in the case pertaining to fraudulent withdrawal of Rs 37.62 crore from the Chaibasa treasury in the 1990s.

'Current bull run calls for caution'

'Current bull run calls for caution'

Rediff.com3 Jan 2022

'It could tempt investors to pick stocks that are not fundamentally sound.'

Want to Play Safe? Opt for Money Market Fund

Want to Play Safe? Opt for Money Market Fund

Rediff.com3 Sep 2021

MMFs are a good option for the current environment, observes Sarbajeet K Sen.

Owaisi tears copy citizenship bill in Lok Sabha

Owaisi tears copy citizenship bill in Lok Sabha

Rediff.com9 Dec 2019

Owaisi alleged the bill was worse than the discriminatory laws brought by Hitler in Germany.