News for 'Bank In Trouble'

Gold loses shine as most liquid asset status goes

Gold loses shine as most liquid asset status goes

Rediff.com24 Nov 2016

The concept of gold as an asset capable of getting anytime money is evaporating.

In Lok Sabha speech, Modi taunts Congress, defends CAA

In Lok Sabha speech, Modi taunts Congress, defends CAA

Rediff.com6 Feb 2020

Replying to a debate on Motion of Thanks to the President's Address in Lok Sabha, Modi also attacked the Congress for its politics in the last seven decades, saying the party's politics of last 70 years has been such that no Congress leader can be self-sufficient.

4 of Modi's mantris are facing a tough battle in Bihar

4 of Modi's mantris are facing a tough battle in Bihar

Rediff.com18 May 2019

Ravi Shankar Prasad in Patna Sahib, Ram Kripal Yadav in Pataliputra, R K Singh in Arrah and Ashwani Choubey in Buxar are all having a tough time.

Revised GDP numbers out of govt's hat!

Revised GDP numbers out of govt's hat!

Rediff.com17 Dec 2018

Whatever the claims about the new GDP numbers being technically superior to earlier estimates, their public credibility depends on their passing some reality checks, argues T N Ninan.

'What is the Modi government afraid of?'

'What is the Modi government afraid of?'

Rediff.com3 Feb 2020

'By transferring the case to the NIA without the Maharashtra government's consent clearly indicates they want to play mischief.'

Mallya dismisses speculation of Force India sale

Mallya dismisses speculation of Force India sale

Rediff.com10 Jun 2017

Troubled Force India co-owner Vijay Mallya dismissed speculation of a possible sale of his team to Australian David Brabham or Formula One's former commercial supremo Bernie Ecclestone.

How you can live your retirement in style

How you can live your retirement in style

Rediff.com10 Jul 2015

Just avoid these credit card mistakes and live your second innings in style, says Rajiv Raj

Euro holds up in face of Greek 'No'

Euro holds up in face of Greek 'No'

Rediff.com6 Jul 2015

The euro skidded to a 6-week low of 133.700 yen in the early session.

'Accept it or not, I'm the CM candidate'

'Accept it or not, I'm the CM candidate'

Rediff.com4 Jan 2017

'My election slogan will be 'kaam bolta hai.' 'Those who have lined up outside the banks will also line up on voting day and vote against the BJP.'

'Economy really needs a booster shot'

'Economy really needs a booster shot'

Rediff.com24 Nov 2017

'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'

At 20, she financed her own MBA

At 20, she financed her own MBA

Rediff.com3 Oct 2007

23 year old Preeti Mehta was determined to do an MBA after her graduation. The high cost of doing an MBA did not deter her from pursuing her dreams. Here she speaks about her experience of taking an education loan and how she plans to repay the same.

US court issues show-cause to Sahara in $350-mn lawsuit

US court issues show-cause to Sahara in $350-mn lawsuit

Rediff.com22 Jun 2015

A spokesperson said Sahara group is not into business with Trinity.

Why blame DeMo and GST? Slowdown was on for over a decade

Why blame DeMo and GST? Slowdown was on for over a decade

Rediff.com12 Oct 2017

Watchdogs of the economy have not been barking and it is high time we noticed it, says Shreekant Sambrani.

Hemmed in, UBS shuts P-note biz

Hemmed in, UBS shuts P-note biz

Rediff.com24 Jan 2017

Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business

Bandhan CMD: 'We have 28 million MSMEs to who we can lend'

Bandhan CMD: 'We have 28 million MSMEs to who we can lend'

Rediff.com19 Jun 2015

'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.

Cong-NCP defectors lead to disgruntlement in BJP, Sena

Cong-NCP defectors lead to disgruntlement in BJP, Sena

Rediff.com30 Sep 2019

Ahead of the assembly elections, the saffron allies may be ecstatic over the swelling, but it's a double-edged sword with many older leaders wondering what they have got after putting in years of hard work, reports Radhika Ramaseshan

The Indian tycoon who sparked talk of UAE aid

The Indian tycoon who sparked talk of UAE aid

Rediff.com29 Aug 2018

For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.

The RBI has lost credibility and needs a revamp

The RBI has lost credibility and needs a revamp

Rediff.com16 Jan 2017

'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'

Modi's Jammu-Kashmir policy has created space for Pak to misbehave: Rahul

Modi's Jammu-Kashmir policy has created space for Pak to misbehave: Rahul

Rediff.com16 Aug 2017

"He (Modi) has created an environment in Jammu and Kashmir of hatred and anger, and the only people who benefit from violence and hatred are the Pakistanis," the Congress vice president said.

Sonia Gandhi: 'Saviour-in-chief' of the Congress

Sonia Gandhi: 'Saviour-in-chief' of the Congress

Rediff.com11 Aug 2019

Once considered the unlikely heir to the political legacy of the Gandhi family, Sonia has earned the distinction of being the longest serving president of India's grand old party.

Big-ticket divestment in the offing

Big-ticket divestment in the offing

Rediff.com14 Mar 2016

Market players say the government is likely to attempt, at least, one big-ticket sale this month.

Mamata claims fear of NRC drove 11 people to suicide

Mamata claims fear of NRC drove 11 people to suicide

Rediff.com25 Sep 2019

Government sources had claimed on Tuesday that four persons have committed suicide in fear of NRC so far, while four others had died while waiting in queues to procure the requisite papers.

Mohalla Assi Review: All sound, no fury

Mohalla Assi Review: All sound, no fury

Rediff.com16 Nov 2018

'Philosophy, politics and practicality cross paths in Mohalla Assi's ambitious premise.' 'Except it is directed in such an unwieldy fashion that instead of rich satire, what emerges is a lumbering flab of incoherence and opinion glut,' notes Sukanya Verma.

Was a painless demonetisation possible?

Was a painless demonetisation possible?

Rediff.com22 Nov 2016

The demonetisation move will force the Modi government to battle with a policy dichotomy, says N Sathiya Moorthy.

Can Modi 'develop' India by 2022?

Can Modi 'develop' India by 2022?

Rediff.com31 Oct 2017

'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.

'For sustained growth, investment is absolutely critical'

'For sustained growth, investment is absolutely critical'

Rediff.com31 Oct 2019

The economy could grow at 6-6.5 per cent this fiscal year (2019-20 or FY20), said Chief Economic Advisor Krishnamurthy Subramanian, revising his earlier estimate of 7 per cent in the Economic Survey. In an interaction with Arup Roychoudhury, he said supply-side measures, including corporation tax cuts, will boost consumption and demand, and non-tax revenue may make up for shortfall in tax revenues.

Curfew relaxed in strife-hit Saharanpur

Curfew relaxed in strife-hit Saharanpur

Rediff.com28 Jul 2014

With the situation improving in violence-hit Saharanpur, the district authorities on Monday relaxed curfew for four hours in the new city area to allow people to buy their daily need items from markets which were directed to remain open.

No decision yet on Nirav Modi's bail appeal

No decision yet on Nirav Modi's bail appeal

Rediff.com11 Jun 2019

Justice Ingrid Simler at the Royal Courts of Justice in London concluded the hearing and said as the matter was of "some importance", she would take some time to consider it and hand down her ruling on Wednesday.

Overdue on credit card payment? Help at hand from RBI

Overdue on credit card payment? Help at hand from RBI

Rediff.com23 Feb 2015

If you are panic-stricken because of your inability to repay even your minimum amount due on your credit card, help is at hand.

Loan recast has gone 'out of control': RBI

Loan recast has gone 'out of control': RBI

Rediff.com17 Nov 2013

Till March 2011, things were manageable.

Can the Kiwis halt the Indian juggernaut in first ODI?

Can the Kiwis halt the Indian juggernaut in first ODI?

Rediff.com21 Oct 2017

Hardly challenged in a dominating run this season, India once again start as overwhelming favourites when they take on an inconsistent-but-gritty New Zealand in a three-match One-Day International series, starting in Mumbai, on Sunday.

Facing procedural problems with your investments? Here's help!

Facing procedural problems with your investments? Here's help!

Rediff.com4 Jul 2016

Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.

Senior citizens unhappy with Budget

Senior citizens unhappy with Budget

Rediff.com15 Mar 2007

The Senior Citizens' Savings Scheme 2004 offers 9 per cent rate of interest on deposits. But most banks offer 9 per cent or more interest rate these days.

How CIBIL keeps an eye on your credit card usage

How CIBIL keeps an eye on your credit card usage

Rediff.com29 Dec 2015

You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!

Country is under undeclared emergency: Yashwant Sinha

Country is under undeclared emergency: Yashwant Sinha

Rediff.com9 May 2018

Sinha said the data on economic growth put out by the Central government cannot be trusted.

'Nationalism, not Hindutva will be the big theme for 2019'

'Nationalism, not Hindutva will be the big theme for 2019'

Rediff.com11 Feb 2019

'It is less polarising than Hindutva.'

United Spirits says it has found fund diversions by Mallya entities

United Spirits says it has found fund diversions by Mallya entities

Rediff.com10 Jul 2016

Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman

Time to worry about India's economic future

Time to worry about India's economic future

Rediff.com18 Jan 2017

'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.

'Modi killed our hopes on Dec 31'

'Modi killed our hopes on Dec 31'

Rediff.com13 Jan 2017

'Make cash available now, don't put people into suffering.' 'You should not come to a situation where the operation was successful and the patient is dying.' 'What did not happen in India for several years, you cannot do in 50 days.' 'This is agony and pain.'

'India Calling' moment for Prem Watsa as his funds get aggressive

'India Calling' moment for Prem Watsa as his funds get aggressive

Rediff.com13 Aug 2015

Fairfax Financial Holdings made three investments in a month