News for 'Bank of England'

Nirav Modi's extradition trial to begin on May 11

Nirav Modi's extradition trial to begin on May 11

Rediff.com29 Apr 2020

The five-day extradition trial of fugitive diamond merchant Nirav Modi will begin from May 11 in a part-remote setting, a UK court has ordered. Modi is fighting his extradition to India over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.

Political risks the stock markets face in 2018

Political risks the stock markets face in 2018

Rediff.com27 Dec 2017

Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.

Australia tour: Triangular ODI series schedule tweaked to give India rest

Australia tour: Triangular ODI series schedule tweaked to give India rest

Rediff.com2 Dec 2014

India will take on Australia in the second ODI of the tri-series, also involving England, on January 18, after Cricket Australia decided to swap the first two matches to give appropriate recovery time to the Indian players following the rescheduling of the four-Test series.

Sensex, Nifty lose their way, end on a negative note

Sensex, Nifty lose their way, end on a negative note

Rediff.com2 Nov 2017

A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.

Viral Acharya new RBI deputy governor

Viral Acharya new RBI deputy governor

Rediff.com28 Dec 2016

The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.

US imposes sanctions against Russian oligarchs, government officials

US imposes sanctions against Russian oligarchs, government officials

Rediff.com6 Apr 2018

The measures announced by the Treasury Department were also aimed at 17 senior Russian government officials. The state-owned Russian weapons trading company, Rosoboronexport, which has long-standing ties to Syria and its subsidiary, Russian Financial Corporation Bank were also targeted under new sanctions.

Celebrating the life of Nelson Mandela

Celebrating the life of Nelson Mandela

Rediff.com12 Feb 2019

Nelson Mandela, the hero of South Africa's struggle to end apartheid and establish democracy, is being honoured in a new visitor attraction on London's South Bank. Mandela: The Official Exhibition traces the story of the 20th century's most iconic freedom fighter and political leader through previously unseen film clips and photographs. It includes artefacts such as one of his hand-printed batik shirts and the ceremonial headdress awarded to Mandela upon his release from prison in 1990. The exhibition is designed to tour the world: after closing in London in June it will go to Paris. Here's a glimpse of what you can expect at the exhibit.

A roller-coaster ride for the rupee this December

A roller-coaster ride for the rupee this December

Rediff.com7 Dec 2017

The dollar-rupee rate could move in the opposite direction if dollar policy rates rise and the FPIs sell in December, says Devangshu Datta.

Brexit: IMF warns of repercussions for global economy

Brexit: IMF warns of repercussions for global economy

Rediff.com1 Jul 2016

The IMF has encouraged both the UK and the EU to work collaboratively towards a smooth transition.

Capitalism is 'under serious threat', says Raghuram Rajan

Capitalism is 'under serious threat', says Raghuram Rajan

Rediff.com12 Mar 2019

Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities.

Nirav Modi in custody, next hearing via video on Jan 2

Nirav Modi in custody, next hearing via video on Jan 2

Rediff.com4 Dec 2019

Modi appeared for his regular 28-day "call-over" appearance from London's Wandsworth prison at Westminster magistrates' court, where judge Gareth Branston reconfirmed that his extradition trial will begin on May 11 next year and will last five days.

Timeline: When cricket was held hostage by terrorism

Timeline: When cricket was held hostage by terrorism

Rediff.com15 Mar 2019

Cricket teams have previously abandoned tours amid outbreaks of violence.

DeMo: How much cash was deposited? 'Unprecedented challenge': Ex-RBI gov

DeMo: How much cash was deposited? 'Unprecedented challenge': Ex-RBI gov

Rediff.com27 Jun 2017

'Normally, the system is geared towards counting notes -- it is equipped to do x amount of work and one day you are asking them to do 20 x.' 'The processes involved are very complex.'

Return with passport: Supreme Court tells Vijay Mallya

Return with passport: Supreme Court tells Vijay Mallya

Rediff.com10 Mar 2016

Banks are seeking an order that Mallya should appear in person before the court.

How chance meeting with Gopichand shaped Manasi's gold

How chance meeting with Gopichand shaped Manasi's gold

Rediff.com8 Sep 2019

A 'chance meeting' with Pullela Gopichand near an auditorium lift was enough for Manasi Joshi to convince the national coach of her burning desire to become a world champion.

So near... Frustrated Belgium rues what might have been

So near... Frustrated Belgium rues what might have been

Rediff.com11 Jul 2018

Belgians tasted bitterness in their beer on Tuesday after their dreams of a first World Cup final were ended by the narrowest of margins by their bigger French neighbours.

Top 8 purchases at IPL Auction

Top 8 purchases at IPL Auction

Rediff.com19 Dec 2018

Jaydev Unadkat was the most expensive purchase to continue his good run at the auction.

Mallya extradition: UK court asks India to submit Mumbai jail video

Mallya extradition: UK court asks India to submit Mumbai jail video

Rediff.com31 Jul 2018

Mallya said the allegations of money laundering and stealing money against him are 'completely false'.

3 more UK cities added to Ola's roadmap

3 more UK cities added to Ola's roadmap

Rediff.com30 Mar 2019

Ola, which is now present in seven cities in the UK, said its easy-to-use app would transform commuting experiences in these areas providing the community with greater travel choice as well as quicker and easier access to cabs.

Sunil Gavaskar remembers his captain Ajit Wadekar

Sunil Gavaskar remembers his captain Ajit Wadekar

Rediff.com16 Aug 2018

My captain no more, but will always be with me, says Sunil Gavaskar

Buzz: Fawad back in Pakistan Test squad after decade

Buzz: Fawad back in Pakistan Test squad after decade

Rediff.com7 Dec 2019

The 34-year-old replaced Iftikhar Ahmed, who managed only 44 runs in four innings in the recent tour of Australia where Pakistan lost both Tests.

RBI panel wants single policy rate regime

RBI panel wants single policy rate regime

Rediff.com16 Mar 2011

At present, the repo rate acts as the policy rate when liquidity is in deficit mode while reverse repo becomes the operating rate when there liquidity is surplus.

Ashes: McGrath predicts 10-0... 'because Aus already 5-0 up'

Ashes: McGrath predicts 10-0... 'because Aus already 5-0 up'

Rediff.com1 Jun 2015

Pace legend Glenn McGrath, who has often predicted results of Australia's Test rubbers, forecast yet another 5-0 clean sweep by his country against England in the upcoming Ashes series.

Wimbledon first-round losers will be financial winners

Wimbledon first-round losers will be financial winners

Rediff.com30 Apr 2014

First-round singles losers at this year's Wimbledon championships will receive 27,000 pounds ($45,400) prize money as organisers continue to help the sport's lesser lights make ends meet.

Mallya's sole regret: Kingfisher is not flying when oil is cheap!

Mallya's sole regret: Kingfisher is not flying when oil is cheap!

Rediff.com3 Mar 2016

Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".

PIX: Euphoric France dreams of World Cup glory after 20-year wait

PIX: Euphoric France dreams of World Cup glory after 20-year wait

Rediff.com11 Jul 2018

France began dreaming of World Cup glory after a two-decade wait after Les Bleus on Tuesday defeated Belgium to reach the final

Clouds over Britain's financial sector after Brexit vote

Clouds over Britain's financial sector after Brexit vote

Rediff.com24 Jun 2016

A leave vote means the future of Britain's financial services industry is now hanging in the balance.

Will Ashwin miss Australia ODIs for county cricket?

Will Ashwin miss Australia ODIs for county cricket?

Rediff.com30 Aug 2017

The off-spinner said he wants to play all the four games for Worcestershire even though he might get called up for the forthcoming One-Day International series against Australia next month.

WEF creates task force with Rajan to study global financial system

WEF creates task force with Rajan to study global financial system

Rediff.com27 Jan 2016

The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.

Rupee snaps 2-day losing streak vs dollar, up 4 paise

Rupee snaps 2-day losing streak vs dollar, up 4 paise

Rediff.com17 Jul 2015

The dollar index was trading lower by 0.03 per cent against its major global rivals today.

A tightrope walk for next RBI governor

A tightrope walk for next RBI governor

Rediff.com4 Jul 2016

Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.

How Kohli's absence in Asia Cup hits Star India's plans

How Kohli's absence in Asia Cup hits Star India's plans

Rediff.com18 Sep 2018

While it is difficult to put a number on how much the impact on the ad sales tally could be, it is quite possible the broadcaster will not be able to make its Rs 2-billion target, says Urvi Malvania.

Barrack no. 12 in Arthur Road jail kept ready for Nirav Modi

Barrack no. 12 in Arthur Road jail kept ready for Nirav Modi

Rediff.com11 Jun 2019

If lodged in the barrack, Modi is likely to get three square metre personal space and he will be provided a cotton mat, pillow, bed-sheet and blanket.

AMAZING Super Bowl PIX: Families take centre-stage after Eagles stun Patriots

AMAZING Super Bowl PIX: Families take centre-stage after Eagles stun Patriots

Rediff.com5 Feb 2018

For the Eagles, who previously lost title games in 1981 and 2005, the win capped a remarkable late-season charge that most observers considered unthinkable when starting quarterback Carson Wentz suffered a season-ending injury in December.

Here's why 2018 World Cup favourites feel optimistic

Here's why 2018 World Cup favourites feel optimistic

Rediff.com2 Dec 2017

The favourites to win next year's World Cup in Russia were given navigable paths to the last 16 with the coaches of Germany, Brazil, Argentina and Spain having reason to feel reasonably optimistic after Friday's draw.

Rupee steady at 66.84 as RBI keeps rates on hold

Rupee steady at 66.84 as RBI keeps rates on hold

Rediff.com9 Aug 2016

Foreign capital inflows also boosted the rupee value against the dollar

Sterling posts biggest fall vs euro in 6 years

Sterling posts biggest fall vs euro in 6 years

Rediff.com24 Aug 2015

The pound lost as much as 2 per cent, a fall not seen since early 2009

2019 World Cup is last chance for Dale Steyn

2019 World Cup is last chance for Dale Steyn

Rediff.com6 Aug 2018

Dale Steyn is determined to make next year's World Cup his limited overs swansong and thinks his experience could make a big difference to South Africa's otherwise raw white ball pace attack.

Decision making and business in India

Decision making and business in India

Rediff.com1 Jul 2010

Why strategic initiatives should be taken based more on a vision and entrepreneurial "gut-based" decision process in India, writes Arvind Singhal

Vijay Mallya: The reluctant poster boy of bad debt

Vijay Mallya: The reluctant poster boy of bad debt

Rediff.com8 Mar 2016

Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support