News for 'Bangladesh Bank'

Low demand for goods from China, others sinks imports

Low demand for goods from China, others sinks imports

Rediff.com26 Feb 2023

A decline in demand from six of India's top 10 import partners -- China, Saudi Arabia, Iraq, South Korea, Australia, and Singapore -- resulted in India's imports hitting a 17-month low of $50.6 billion in January, showed the data compiled by the department of commerce. Shipments from South Korea, Australia, and Singapore declined by 14.1 per cent, 26.7 per cent, and 9.8 per cent, respectively. Among the 10, growth in inbound shipment was seen only in the case of the United Arab Emirates (12.1 per cent), the US (27.4 per cent), Russia (297.4 per cent), and Indonesia (22.9 per cent).

Rahul addresses poll rally in Karnataka's Kolar; targets Adani, Modi

Rahul addresses poll rally in Karnataka's Kolar; targets Adani, Modi

Rediff.com16 Apr 2023

It was in Kolar in 2019, during Lok Sabha election campaigning, that he made a remark on the Modi surname for which he was convicted of criminal defamation and stripped of his Parliament membership last month.

Yunus hits out at banking for not lending to poor

Yunus hits out at banking for not lending to poor

Rediff.com2 Feb 2007

Nobel Laureate Muhammad Yunus, founder of the micro-credit pioneer Grameen Bank in Bangladesh, hit out at banks on Friday for not providing loans to the poor and disadvantaged.

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Rediff.com12 Feb 2023

The meeting is believed to be called to chalk out the strategy of the Opposition in Rajya Sabha on Monday.

'I Was Fortunate To Fight The 1971 War'

'I Was Fortunate To Fight The 1971 War'

Rediff.com16 Dec 2022

'The 1971 War was our greatest military victory.' 'It had so many stories of exceptional valour and leadership.'

3rd blogger hacked to death in Bangladesh, Al Qaeda outfit owns up

3rd blogger hacked to death in Bangladesh, Al Qaeda outfit owns up

Rediff.com12 May 2015

A secular blogger in Bangladesh has been hacked to death in north-eastern Bangladesh in the third such deadly attack since the start of the year, police say.

'Govt Knows Demonetisation Is One Of Its Biggest Blunders'

'Govt Knows Demonetisation Is One Of Its Biggest Blunders'

Rediff.com9 Jan 2023

'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'

England's Curran most expensive player in IPL history

England's Curran most expensive player in IPL history

Rediff.com23 Dec 2022

England players were in demand as batter Harry Brook earned a Rs 13.25 crore winning from Sunrisers Hyderabad.

Asian Infra Investment Bank: An opportunity for India

Asian Infra Investment Bank: An opportunity for India

Rediff.com1 Apr 2015

China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.

India's Jobs Crisis

India's Jobs Crisis

Rediff.com25 Feb 2022

The number of Indians over 15 either working or looking for work is lower as a percentage than in the United States, China, Bangladesh or Pakistan, points out Aakar Patel.

'We want to usher in a new era in Indian banking'

'We want to usher in a new era in Indian banking'

Rediff.com24 Aug 2015

Bandhan Bank is the first bank to be launched in eastern India post Independence.

India's textile and apparel exports outshine pre-Covid numbers

India's textile and apparel exports outshine pre-Covid numbers

Rediff.com27 Dec 2021

Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.

Yunus summoned over unpaid tax of $1.5 million

Yunus summoned over unpaid tax of $1.5 million

Rediff.com24 Mar 2015

The Nobel laureate filed an application before the High Court.

India will catch up with China's growth in 2 years: World Bank

India will catch up with China's growth in 2 years: World Bank

Rediff.com14 Jan 2015

India will catch up with China's growth at 7 per cent during 2016-17, the World Bank has forecast, saying India's economy has recovered in the wake of the economic reform measures taken by the new Indian government, falling oil prices and lower interest rates.

'Kushti' in Kerala, 'dosti' in Tripura: Modi on Cong-CPI alliance

'Kushti' in Kerala, 'dosti' in Tripura: Modi on Cong-CPI alliance

Rediff.com11 Feb 2023

Modi claimed that some other parties were also helping the opposition alliance from behind but any vote for them will take Tripura several years backward.

India, A Miracle And A Wonder

India, A Miracle And A Wonder

Rediff.com16 Aug 2023

'There are many things we need to work on.' 'At the heart of it is, one, the extent of inequality, which is not good for democracy and nation; two, a structural decline on how a country ought to function, how people should be held accountable, whose role is what.'

India Overtakes UK. What Next?

India Overtakes UK. What Next?

Rediff.com6 Sep 2022

After 2014, our growth has been average of around 5%. If this continues, we will remain here like Egypt, Brazil, South Africa and Bangladesh, points out Aakar Patel.

What The RBI Can Do About The Rupee

What The RBI Can Do About The Rupee

Rediff.com3 Aug 2022

'To simply let the rupee depreciate to any level according to market forces will not be in the country's interests.'

Bank accounts with possible links to Burdwan blast case found

Bank accounts with possible links to Burdwan blast case found

Rediff.com4 Dec 2014

The Enforcement Directorate probing the money laundering aspect in the Burdwan blast case has unearthed a few suspect bank accounts and would probe whether they were linked to terror funding.

World Bank expects India's GDP growth to reach 8% by 2017

World Bank expects India's GDP growth to reach 8% by 2017

Rediff.com14 Apr 2015

India's GDP growth to reach 8% by 2017. says World Bank

'We are banking on Shikhar Dhawan in the World T20'

'We are banking on Shikhar Dhawan in the World T20'

Rediff.com7 Mar 2016

Virat Kohli has extolled Shikhar Dhawan's performance in the Asia Cup final win against hosts Bangladesh.

ADB scales down India's economic growth forecast to 10%

ADB scales down India's economic growth forecast to 10%

Rediff.com22 Sep 2021

The Asian Development Bank on Wednesday revised down India's economic growth forecast for the current fiscal to 10 per cent, from 11 per cent predicted earlier, citing the adverse impact of the second wave of the pandemic. The growth forecast for India in fiscal year 2021 (ending in March 2022) was revised down, as the spike in COVID-19 cases during May dented the recovery, the Asian Development Bank (ADB) said in its latest economic outlook. "The outbreak, however, dissipated faster than anticipated, resulting in several states easing lockdown measures and returning to more normal travel patterns.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

Rediff.com8 Feb 2023

Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.

RBI tells finmin that PNB misled it on SWIFT migration

RBI tells finmin that PNB misled it on SWIFT migration

Rediff.com5 Apr 2018

'PNB had confirmed compliance with the RBI's prescription in its circular of August 3, 2016, which has now turned out to be factually incorrect,' Minister of State for Finance Shiv Pratap Shukla said in Rajya Sabha on Tuesday.

India 2022: Huge Economic Challenges

India 2022: Huge Economic Challenges

Rediff.com30 Sep 2022

Every patriot should learn from our history and recognise that celebrating size will neither negate nor obscure the huge economic challenges that India faces, asserts Rathin Roy.

80 killed in Bangladesh building collapse

80 killed in Bangladesh building collapse

Rediff.com24 Apr 2013

In Photos: 80 killed in Bangladesh building collapse

India, Pakistan and the story of lost trading opportunity

India, Pakistan and the story of lost trading opportunity

Rediff.com15 Apr 2021

Despite being a neighbour, Pakistan has never accounted for more than 2 per cent of India's total exports, and its share in India's total imports is less than 1 per cent. On the other hand, bilateral trade between India and Bangladesh has increased five times.

Prospects For India's Youth: Cloudy, With High Chance Of Thunder And Lightning

Prospects For India's Youth: Cloudy, With High Chance Of Thunder And Lightning

Rediff.com6 Oct 2022

The country's demographic dividend is dissipating, with seriously adverse consequences for young India, asserts Shankar Acharya, former Chief Economic Adviser to the Government of India.

How NBFC crisis has hit India's textile industry

How NBFC crisis has hit India's textile industry

Rediff.com12 Jul 2019

Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.

'Mughals had nothing to do with Mughal Gardens at Rashtrapati Bhavan'

'Mughals had nothing to do with Mughal Gardens at Rashtrapati Bhavan'

Rediff.com3 Feb 2023

'William Mustoe, the director of horticulture during British rule, named the Presidential Palace garden after the Mughals.' 'He simply kept the name because it was made on the pattern of a Mughal garden.''He simply kept the name Mughal gardens because it was made on the pattern of Mughal garden.'

Peace Nobel for Bangladesh's micro-credit pioneer

Peace Nobel for Bangladesh's micro-credit pioneer

Rediff.com13 Oct 2006

Muhammad Yunus is the 66-year-old Bangladeshi behind the Grameen Movement micro-banking system.

Sensex retreats from 1-week high; real estate, banks fall

Sensex retreats from 1-week high; real estate, banks fall

Rediff.com13 Jan 2015

The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.

Bulldozers raze British era building at Patna collectorate after SC nod

Bulldozers raze British era building at Patna collectorate after SC nod

Rediff.com15 May 2022

The complex, parts of which are over 250 years old, is situated on the banks of the Ganga and is endowed with high ceilings, huge doors, and hanging skylights.

Bangladesh: Owners of collapsed building held, toll 336

Bangladesh: Owners of collapsed building held, toll 336

Rediff.com27 Apr 2013

Rana Plaza, the eight-storey commercial building that collapsed on Wednesday, housed five garment units supplying Western clothes retailers, a branch of a private bank and about 300 shops.

PFI, 8 other outfits banned under UAPA for 5 years for terror links

PFI, 8 other outfits banned under UAPA for 5 years for terror links

Rediff.com28 Sep 2022

The Centre has imposed a ban on the Popular Front of India (PFI) and several of its associates for their alleged terror activities.

Amid LAC row, Chinese foreign minister may visit India this month

Amid LAC row, Chinese foreign minister may visit India this month

Rediff.com16 Mar 2022

If the visit takes place, it will be the first trip by a senior Chinese leader to India after the eastern Ladakh standoff between the two countries began in May 2020.

World T20: Afridi banks on record at Eden Gardens against India

World T20: Afridi banks on record at Eden Gardens against India

Rediff.com13 Mar 2016

It has traditionally been a battle between India's batting and Pakistan's bowling whenever the arch-rivals have met on a cricket field and Pakistan captain Shahid Afridi reckons the trend will continue in their World Twenty20 contest on Saturday. The Pakistan captain is looking to bank on his team's winning record against India the iconic Eden Gardens in Kolkata. Pakistan have defeated India in all four matches that have played at the Eden Gardens. "We have good memories of the ground," Afridi said. "We have played well at this ground, we know the conditions and the pitch suits us as well." Pakistan were the last team to land in India, putting aside safety concerns that led to the switching of their match against India from Dharamsala to Kolkata's Eden Gardens.

Influential Matua leader joins Modi government

Influential Matua leader joins Modi government

Rediff.com7 Jul 2021

A graduate by education, Santanu, the eldest son of former Trinamool Congress minister Manjul Krishna Thakur, was more into the development of the Matuas through various social services run by the Thakurbari in Thakurnagar and was never into politics.

How Basanti Devi Saved The Kosi River

How Basanti Devi Saved The Kosi River

Rediff.com28 Nov 2022

'I am happy that Kosi Ma is alive and now she is looking after us.' 'I am proud of what I did.'