News for 'Bank of China'

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

Remittance tax: Cost of sending money home to rise for Indians in US

Remittance tax: Cost of sending money home to rise for Indians in US

Rediff.com17 May 2025

In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.

Sensex drops 315 points at close; HUL down 4%

Sensex drops 315 points at close; HUL down 4%

Rediff.com24 Apr 2025

Bharti Airtel, ICICI Bank, Eternal, Mahindra & Mahindra, HCL Technologies, HDFC Bank, Kotak Mahindra Bank, Tata Consultancy Services and Bajaj Finance were also among the laggards.

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Rediff.com16 Apr 2025

From the Sensex shares, IndusInd Bank jumped 7.12 per cent. Axis Bank, Adani Ports, Asian Paints, Bharti Airtel, State Bank of India and ITC were also among the gainers. Maruti, Infosys, Tata Motors, Larsen & Toubro, NTPC and Bajaj Finance were among the laggards.

Sensex climbs 295 points on sustained foreign fund inflows

Sensex climbs 295 points on sustained foreign fund inflows

Rediff.com5 May 2025

From the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Eternal, Power Grid, ITC, Tata Motors, Asian Paints and Hindustan Unilever were among the gainers. Among the laggards, Kotak Mahindra Bank tanked 4.57 per cent

'Indian Stocks Unlikely To Give Significant Returns In 12 Months'

'Indian Stocks Unlikely To Give Significant Returns In 12 Months'

Rediff.com30 May 2025

'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

Sensex, Nifty end in red on rising India-Pak tensions

Sensex, Nifty end in red on rising India-Pak tensions

Rediff.com8 May 2025

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

Sensex reclaims 78K-level; Nifty surges 414 points

Sensex reclaims 78K-level; Nifty surges 414 points

Rediff.com17 Apr 2025

From the Sensex firms, Eternal, ICICI Bank, Bharti Airtel, Sun Pharma, State Bank of India, Bajaj Finserv, Kotak Mahindra Bank and Reliance Industries were among the biggest gainers. Tech Mahindra and Maruti were the laggards.

Sensex jumps 1,131 points; reclaims 75K

Sensex jumps 1,131 points; reclaims 75K

Rediff.com18 Mar 2025

From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers. However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.

Chinese banks may get Rs 7,000 cr from 3 Anil Ambani firms

Chinese banks may get Rs 7,000 cr from 3 Anil Ambani firms

Rediff.com20 Aug 2020

Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution plan, with the DoT getting nothing if the proposed plan goes ahead.

Moody's on how Trump's tariffs will hurt the economy

Moody's on how Trump's tariffs will hurt the economy

Rediff.com16 Apr 2025

Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession.

Special Ops 2 Review: Dizzyingly Fast

Special Ops 2 Review: Dizzyingly Fast

Rediff.com18 Jul 2025

Special Ops 2 captures the spirit of the modern-day spy thriller and runs with it, observes Deepa Gahlot.

China to grow at 11.3% in 2007: World Bank

China to grow at 11.3% in 2007: World Bank

Rediff.com12 Sep 2007

The World Bank now projects Gross Domestic Product growth of 11.3 per cent in 2007, but below 11 per cent in 2008, the World Bank's China Quarterly Update said.

Why Did IMF Loan Pakistan Money During War?

Why Did IMF Loan Pakistan Money During War?

Rediff.com6 Jun 2025

It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra.

Rare earth curbs to hit EV, RE, defence sectors

Rare earth curbs to hit EV, RE, defence sectors

Rediff.com28 Jun 2025

India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.

'Spy' YouTuber Jyoti Malhotra sent to 4-day police remand

'Spy' YouTuber Jyoti Malhotra sent to 4-day police remand

Rediff.com22 May 2025

Malhotra was among the 12 people arrested from Punjab, Haryana and Uttar Pradesh over the past two weeks on suspicion of espionage, with investigators suspecting the presence of a Pakistan-linked spy network operating in north India.

Sensex, Nifty surge over 2% on rally in global markets

Sensex, Nifty surge over 2% on rally in global markets

Rediff.com15 Apr 2025

All the BSE sectoral indices closed in the green. BSE Realty, Auto, Capital Goods and Industrials were lead gainers, jumping up to 5 per cent. IndusInd Bank was the lead gainer among Sensex shares, surging by 6.84 per cent. Tata Motors rallied 4.50 per cent. Larsen & Toubro, Axis Bank, Adani Ports, HDFC Bank, ICICI Bank and HCL Tech were also among the gainers. ITC and Hindustan Unilever were the only laggards.

'Trump Has Been Threatening India'

'Trump Has Been Threatening India'

Rediff.com25 Mar 2025

'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'

Gold rises Rs 70 to hit a fresh peak of Rs 98,170/10g

Gold rises Rs 70 to hit a fresh peak of Rs 98,170/10g

Rediff.com17 Apr 2025

Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams.

'Spy' Jyoti Malhotra was in touch with Pak officer since 2023: Police

'Spy' Jyoti Malhotra was in touch with Pak officer since 2023: Police

Rediff.com22 May 2025

Malhotra, behind bars on suspicion of espionage, had been in touch with Ehsan-ur-Rahim alias Danish, the Pakistani staffer at the Pakistani High Commission, since November 2023, a source said.

Beware! China, Pakistan's Bangladesh Games

Beware! China, Pakistan's Bangladesh Games

Rediff.com13 Aug 2024

Bangladesh is in turmoil, which is not good news for India, which shares a porous 4000 km border with it. There is a danger of fundamentalism growing there, and India has to move in to reset its ties with the new dispensation before China and Pakistan make capital out of it, alerts Ramesh Menon.

Maldives to get 'non-lethal' arms, training from China

Maldives to get 'non-lethal' arms, training from China

Rediff.com6 Mar 2024

The Maldives will get free 'non-lethal' military equipment and training from China's military under a newly inked agreement with Beijing, President Mohamed Muizzu has said, underlining that it would further strengthen the Indian Ocean island nation's independence and autonomy.

Sensex, Nifty join global selloff on trade war fears

Sensex, Nifty join global selloff on trade war fears

Rediff.com4 Apr 2025

Tata Steel was the biggest loser in the Sensex pack, sliding 8.59 per cent, followed by Tata Motors, Larsen & Toubro, Adani Ports, IndusInd Bank, Tech Mahindra, Reliance Industries, Sun Pharmaceutical, HCL Technologies, Tata Consultancy Services, Infosys, and NTPC, were the major laggards. On the other hand, Bajaj Finance, HDFC Bank, Nestle India, ICICI Bank, ITC, Asian Paints and Axis Bank were among the gainers.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Rediff.com11 Apr 2025

From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.

'Banks will continue infrastructure projects financing'

'Banks will continue infrastructure projects financing'

Rediff.com26 May 2024

'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Why Trump Wants All Wars To End

Why Trump Wants All Wars To End

Rediff.com13 Mar 2025

The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.

Fresh US tariffs unnerve investors; Sensex down 380 points

Fresh US tariffs unnerve investors; Sensex down 380 points

Rediff.com9 Apr 2025

State Bank of India, Tech Mahindra, Larsen & Toubro, Tata Steel, Sun Pharma, Infosys, HCL Tech, Axis Bank, Tata Consultancy Services and NTPC were among the biggest laggards among Sensex shares. Nestle, Hindustan Unilever, Titan, Power Grid, UltraTech Cement and ITC were among the gainers.

'Retaliatory Tariffs By Us Won't Hurt US'

'Retaliatory Tariffs By Us Won't Hurt US'

Rediff.com22 Apr 2025

'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'

'RBI will provide liquidity for monetary policy transmission'

'RBI will provide liquidity for monetary policy transmission'

Rediff.com10 Apr 2025

'We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.'

India needs to end reliance on China for critical minerals: Survey

India needs to end reliance on China for critical minerals: Survey

Rediff.com22 Jul 2024

India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.

'No Sane Pilot Would Shut Off Fuel'

'No Sane Pilot Would Shut Off Fuel'

Rediff.com21 Jul 2025

'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'

Young Buyers Power Lamborghini's India Drive

Young Buyers Power Lamborghini's India Drive

Rediff.com31 Mar 2025

India ranks 6th in the Asia-Pacific region for the Italian super luxury carmaker.

Equity markets likely to trade in positive territory on Friday

Equity markets likely to trade in positive territory on Friday

Rediff.com10 Apr 2025

Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

'Pakistan Can't Sustain A Long War'

'Pakistan Can't Sustain A Long War'

Rediff.com6 May 2025

'Pakistan is economically very weak and will not be able to sustain a war for long.'