News for 'Bank of France'

'US visa issues won't affect 2026 FIFA World Cup'

'US visa issues won't affect 2026 FIFA World Cup'

Rediff.com6 Apr 2025

France football great Marcel Desailly does not feel that visa issues relating to entering the United States will have any impact on the 2026 FIFA World Cup.

BSE: Stock Exchange That Refused To Die

BSE: Stock Exchange That Refused To Die

Rediff.com25 Jul 2025

The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.

No other fixes or solutions...: India on war in Gaza

No other fixes or solutions...: India on war in Gaza

Rediff.com24 Jul 2025

"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.

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.

Study Abroad Without Falling Into A Debt Trap

Study Abroad Without Falling Into A Debt Trap

Rediff.com20 May 2025

By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.

6 firms in fray for RBI's currency management project

6 firms in fray for RBI's currency management project

Rediff.com16 Mar 2025

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Rediff.com17 Jun 2021

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.

At G7 Summit, Modi urges global action against terrorism

At G7 Summit, Modi urges global action against terrorism

Rediff.com18 Jun 2025

Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.

Paris Olympics: France prepares against drone strikes, security threats

Paris Olympics: France prepares against drone strikes, security threats

Rediff.com23 May 2023

France will deploy 35,000 security agents and the military to secure the 2024 Olympic Games opening ceremony, a river parade through the heart of Paris, from security threats including drone strikes.

PIX: France down Ireland; Dutch overcome 10-man Gibraltar

PIX: France down Ireland; Dutch overcome 10-man Gibraltar

Rediff.com28 Mar 2023

France defender Benjamin Pavard made a spectacular comeback to the team as his superb second-half strike saw them beat Ireland 1-0 away in Euro 2024 qualifying Group B match.

'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.'

Bank Deposits: Strong Safety Net Needed

Bank Deposits: Strong Safety Net Needed

Rediff.com13 Apr 2023

If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.

Small ticket transactions drag avg retail payments value by 48% in 3 years

Small ticket transactions drag avg retail payments value by 48% in 3 years

Rediff.com27 Dec 2024

The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.

'Free Palestine' banner at UCL match irks French minister

'Free Palestine' banner at UCL match irks French minister

Rediff.com7 Nov 2024

UEFA to not place sanctions on PSG

'A Tsunami is coming on April 2': Oppn on Trump's tariff war

'A Tsunami is coming on April 2': Oppn on Trump's tariff war

Rediff.com28 Mar 2025

Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.

Israel bans operations of UN relief agency

Israel bans operations of UN relief agency

Rediff.com29 Oct 2024

The Israeli Parliament enacted a law prohibiting the United Nations Relief and Works Agency (UNRWA), the primary UN organisation assisting Palestinians, from operating within the country, CNN reported.

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Rediff.com22 Jun 2023

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Rediff.com17 Mar 2023

India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Although Credit Suisse is more relevant to India's financial system than Silicon Valley Bank (SVB), it has very limited operations, according to a report by Jefferies India. The Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivatives market and funded 60 per cent of assets from borrowings, of which 96 per cent are up to two months.

PIX: US men win 5th consecutive Olympics basketball gold

PIX: US men win 5th consecutive Olympics basketball gold

Rediff.com11 Aug 2024

There was no "Miracle on the Seine" at the Paris Olympics on Saturday as the United States men's basketball team did as expected by grinding out a 98-87 win over France to claim a fifth consecutive gold medal.

'Modi running around saying he has been offered 2036 Games'

'Modi running around saying he has been offered 2036 Games'

Rediff.com12 Aug 2024

French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.

Zheng storms into Pan Pacific Open Final; Shelton upsets Rublev

Zheng storms into Pan Pacific Open Final; Shelton upsets Rublev

Rediff.com26 Oct 2024

Zheng Qinwen saw off a spirited challenge from Diana Shnaider to secure a hard-fought 7-6(5), 6-3 win in their Pan Pacific Open semi-final on Saturday and set up a title clash against American Sofia Kenin.

Kingfisher Airlines: IDBI Bank GM conspired with Mallya

Kingfisher Airlines: IDBI Bank GM conspired with Mallya

Rediff.com23 Mar 2023

A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central Bureau of Investigation said in its supplementary chargesheet filed in a Mumbai court. Mallya is an accused in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The Central agency had recently filed a supplementary chargesheet before a special CBI court.

Paris Opening: Of Lady Gaga, cabaret and a mystery torchbearer

Paris Opening: Of Lady Gaga, cabaret and a mystery torchbearer

Rediff.com27 Jul 2024

Lady Gaga brings cabaret to Paris opening ceremony on the Seine

PIX: Paris all set for dazzling Olympics opening!

PIX: Paris all set for dazzling Olympics opening!

Rediff.com26 Jul 2024

A procession of barges will take nearly 7,000 athletes along the river past Paris's most famous landmarks, while more than 300,000 spectators will watch from the banks.

Where India's Rich Invest In...

Where India's Rich Invest In...

Rediff.com27 Nov 2024

The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.

RBI recognises FACE as fintech SRO

RBI recognises FACE as fintech SRO

Rediff.com29 Aug 2024

The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

Rediff.com24 Mar 2023

US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.

All You Need To Know About Paris 2024 Olympics

All You Need To Know About Paris 2024 Olympics

Rediff.com17 Jul 2024

Here is all the info one needs about the Paris 2024 Olympics: the dates, the venues, the opening ceremony, new sports and security issues.

Will heavy security dampen party vibes at Paris 2024?

Will heavy security dampen party vibes at Paris 2024?

Rediff.com21 Jul 2024

As Paris makes final preparations for the Summer Olympics, the grand opening ceremony along the river Seine on Friday has created an unprecedented security challenge that organisers hope won't dampen the party vibe

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

With eyes on the prize, Antil-led Paralympians take off to Paris

With eyes on the prize, Antil-led Paralympians take off to Paris

Rediff.com21 Aug 2024

The likes of Antil, who is bidding to become the first Indian to defend his Paralympics gold, will train at facilities near the French capital to acclimatise with the weather conditions there.

Paralympics opening to feature 100+ Indian athletes

Paralympics opening to feature 100+ Indian athletes

Rediff.com27 Aug 2024

More than 100 members of the Indian contingent, including 52 athletes from various sports, will take part in the Paris Paralympics opening ceremony, which will be held outside a stadium for the first time in the Games' history, here on Wednesday.

2024: Top 10 International Films

2024: Top 10 International Films

Rediff.com7 Dec 2024

Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.

All About Paris Olympics Opening Ceremony

All About Paris Olympics Opening Ceremony

Rediff.com19 Jul 2024

Unlike for previous Olympics, the Paris 2024 opening ceremony will not take place in a stadium.

Aakar Patel: China Flourishes While India Digs Up Past

Aakar Patel: China Flourishes While India Digs Up Past

Rediff.com7 Dec 2024

We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.

Profit-booking drags Sensex, Nifty down

Profit-booking drags Sensex, Nifty down

Rediff.com3 Apr 2024

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.

'Corporates need to support sports other than cricket in India'

'Corporates need to support sports other than cricket in India'

Rediff.com28 Jul 2024

Badminton is not as popular as cricket in India and therefore comparatively does not attract as many sponsors.

UK, France push India's economy to 7th spot

UK, France push India's economy to 7th spot

Rediff.com1 Aug 2019

According to data compiled by the World Bank, the UK's economy grew to $2.82 trillion and the French economy expanded to $2.78 trillion in 2018, against India's $2.73 trillion, showed the data.

Govt seeks details of Indians' money in Swiss banks

Govt seeks details of Indians' money in Swiss banks

Rediff.com19 Jun 2021

The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen since 2019, but said it is seeking details from Swiss authorities on the relevant facts along with their view on possible reasons for changes in the funds parked by individuals and entities in 2020. In a statement, the ministry said the deposits have halved but did not give numbers. Quoting data from Switzerland's central bank, PTI had reported on June 17 that funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 13-year high of 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell.

US, allies cut off Russian banks from SWIFT

US, allies cut off Russian banks from SWIFT

Rediff.com27 Feb 2022

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.