News for 'Bank of India and Bank of Maharashtra'

Maharashtra not India's best: Report

Maharashtra not India's best: Report

Rediff.com25 Dec 2004

Rains claim 27 lives in 3 western Maharashtra districts

Rains claim 27 lives in 3 western Maharashtra districts

Rediff.com15 Oct 2020

Over 20,000 people were evacuated to safer places in these three districts. State capital Mumbai too witnessed water-logging in many areas after overnight rains on Thursday.

Can RBI Win The War On Inflation?

Can RBI Win The War On Inflation?

Rediff.com13 Sep 2023

'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'

Maharashtra top investment destination again

Maharashtra top investment destination again

Rediff.com22 Aug 2007

Maharashtra chief minister Vilasrao Deshmukh maintained that Maharashtra continues to remain the top destination for industrial investment in the country.

DeMo was a good way of converting black money into white: SC judge

DeMo was a good way of converting black money into white: SC judge

Rediff.com31 Mar 2024

Justice BV Nagarathna said she had to dissent against the demonetisation move by the central government as in 2016, when the decision was announced, the Rs 500 and Rs 1,000 notes comprised 86 per cent of the total currency notes in circulation, and 98 per cent of it came back after they were banned.

Migrants responsible for spreading Covid in Maharashtra: Raj Thackeray

Migrants responsible for spreading Covid in Maharashtra: Raj Thackeray

Rediff.com6 Apr 2021

Maharashtra Navnirman Sena chief Raj Thackeray on Tuesday said migrant workers from other states were responsible for the rapid spread of coronavirus in Maharashtra, which has been reporting a large number of new infections since the last few weeks.

Bank deposits may touch Rs 17 lakh crore by 30/12

Bank deposits may touch Rs 17 lakh crore by 30/12

Rediff.com3 Dec 2016

'With 27 days to go, the total bank deposits has come tantalisingly close to the Rs 14 lakh crores of banned notes which was in the financial system on November 8.' 'Black money hoarders may have actually laundered their black money into white,' argues Rajeev Sharma.

'Now China Is Afraid'

'Now China Is Afraid'

Rediff.com4 May 2024

'Ladakh will be dealt with in Modi's third term.'

'Tell Modi We Waited'

'Tell Modi We Waited'

Rediff.com18 May 2024

The MNS chief started his speech with the name of Nehru, then paused. After a few tense seconds, he resumed: "After Nehru, here is the only politician who will be PM for the third term."

Cong Crowdfunding Sees 20,400 Bot Attacks, 1,340 Data Theft Attempts

Cong Crowdfunding Sees 20,400 Bot Attacks, 1,340 Data Theft Attempts

Rediff.com21 Dec 2023

'Most of the bot attacks have originated from outside India.' 'Our firewalls are resilient and withstood the attacks.'

'Electoral Bonds Not To Affect Lok Sabha Polls'

'Electoral Bonds Not To Affect Lok Sabha Polls'

Rediff.com26 Mar 2024

'Election funding needs a little more transparency.'

11 Enchanting, Must-Visit Temples

11 Enchanting, Must-Visit Temples

Rediff.com19 Jan 2024

Steep yourself in the atmosphere of some of most revered Hindu temples in India.

'Congress Won't Ever Come To Power'

'Congress Won't Ever Come To Power'

Rediff.com10 Apr 2024

'For the last two elections, the Congress manifesto has been thrown into the dustbin.' 'This manifesto will also be thrown into the dustbin.'

Separatist ideology 'dead' in J-K, people reaise it as futile: Sajad Lone

Separatist ideology 'dead' in J-K, people reaise it as futile: Sajad Lone

Rediff.com26 Apr 2024

Lone, who is contesting the Lok Sabha polls from Baramulla constituency, said one of the reasons he wants to go to Parliament is to strive and advocate for the same set of laws for the children of Kashmir and the rest of the country.

RBI likely to hold repo rate at 6.5% on June 8

RBI likely to hold repo rate at 6.5% on June 8

Rediff.com4 Jun 2023

The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts. Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8. The decision of the 43rd meeting of the MPC would be announced on Thursday, June 8.

Borrowers will soon be able to switch to fixed-rate regime: RBI

Borrowers will soon be able to switch to fixed-rate regime: RBI

Rediff.com10 Aug 2023

The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI. "The supervisory reviews undertaken by the Reserve Bank and the feedback and references from members of public have revealed several instances of unreasonable elongation of tenor of floating rate loans by lenders without proper consent and communication to the borrowers," he said.

Modi Bluster Missing From Budget

Modi Bluster Missing From Budget

Rediff.com26 Jul 2024

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.

Markets end higher on foreign fund inflows; Sensex up 242 points

Markets end higher on foreign fund inflows; Sensex up 242 points

Rediff.com2 May 2023

From the Sensex firms, Tech Mahindra, NTPC, Tata Steel, Maruti, Infosys, Power Grid, Larsen & Toubro, Axis Bank, Titan, Reliance Industries, Wipro and Mahindra & Mahindra were the biggest gainers. Sun Pharma, UltraTech Cement, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, State Bank of India and Nestle were among the laggards.

The NCP Leaders Under The Central Agencies' Scanner

The NCP Leaders Under The Central Agencies' Scanner

Rediff.com5 Jul 2023

Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?

BSE, NSE to remain closed on Jun 29 on account of Bakrid

BSE, NSE to remain closed on Jun 29 on account of Bakrid

Rediff.com27 Jun 2023

Leading bourses BSE and NSE and money markets will remain closed on Thursday on account of Eid al-Adha also known as Bakrid. Earlier, the holiday was scheduled for June 28. The markets are now open on Wednesday. The change came after the Maharashtra government declared June 29 a public holiday as the festival of Bakrid falls on this day instead of June 28 declared earlier.

'Stink of RSS': Cong moves EC against Modi's attack on manifesto

'Stink of RSS': Cong moves EC against Modi's attack on manifesto

Rediff.com8 Apr 2024

A delegation of Congress leaders met EC officials and raised several issues, including the use of pictures and large cut-outs of the prime minister in government buildings and colleges and demanded that those be removed to maintain a level-playing field in the upcoming parliamentary election.

Campaigning ends for third phase, high stakes for BJP

Campaigning ends for third phase, high stakes for BJP

Rediff.com5 May 2024

The stakes are significant for the BJP in this round as the party had in 2019 won an overwhelming majority of these seats, including all in Gujarat, Chhattisgarh, Bihar and Madhya Pradesh, that will go to polls on May 7.

Alert! Cheque Bounce May Land You In Jail

Alert! Cheque Bounce May Land You In Jail

Rediff.com18 May 2023

Keep sufficient funds in your bank account until the cheque is cleared.

'BJP will have to pay the price for misuse of power'

'BJP will have to pay the price for misuse of power'

Rediff.com22 Mar 2024

Various constituents of the INDIA bloc condemned Kejriwal's arrest and claimed that the BJP is scared of the outcome of the upcoming Lok Sabha polls and acting out of panic to create problems for the opposition.

Is Election Slipping Out Of Modi's Hands?

Is Election Slipping Out Of Modi's Hands?

Rediff.com1 May 2024

In nearly 100 seats, the BJP stands almost no chance of winning. In 200 seats, it is a direct fight between the BJP and the Congress where the BJP has an upper hand. In 243 seats, the BJP is pitted against regional parties and it is not going to be easy. That is why 400 seats may end up as a pipe dream, states Ramesh Menon, author of Modi Demystified: The Making of a Prime Minister.

CBI files FIR over actor Vishal's censor board graft charge

CBI files FIR over actor Vishal's censor board graft charge

Rediff.com5 Oct 2023

The CBI has lodged an FIR against three persons and unidentified officials of the Central Board of Film Certification (CBFC) over the allegations of actor Vishal that he had to pay Rs 6.5 lakh to get a certificate for his film Mark Antony, officials said on Thursday.

World Bank ranking of states not based on facts: Tamil Nadu

World Bank ranking of states not based on facts: Tamil Nadu

Rediff.com16 Sep 2015

Tamil Nadu says it's intriguing only BJP-ruled states top the list, while industrialised states are given a go-by.

Looking For Long-Term Investment?

Looking For Long-Term Investment?

Rediff.com19 Apr 2024

This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.

43 Nifty, 27 Sensex stocks trade above 200-DMA. Analysts see more upside

43 Nifty, 27 Sensex stocks trade above 200-DMA. Analysts see more upside

Rediff.com8 Jul 2023

With the markets scaling new highs, as many as 43 stocks from the Nifty50 index and 27 of the 30 scrips that are part of the S&P BSE Sensex are trading above their respective 200-day moving average (DMA). The 200-DMA is seen as one of the most relevant trend indicators by investors and traders, who believe that stocks and indices trading above this level possess strength and are likely to rally in the short to medium term, while the ones trading below this level are viewed as bearish and expected to see a sell-off. Wipro, UPL, Kotak Mahindra Bank, Hindalco, Infosys, Cipla, and Adani Enterprises are the only stocks from the Nifty50 pack that are still below their respective 200-DMA, the exchange data suggests.

Modi refers to 'Quit India' to target opposition bloc

Modi refers to 'Quit India' to target opposition bloc

Rediff.com6 Aug 2023

Prime Minister Narendra Modi on Sunday accused the opposition of playing 'negative politics' and said now the entire country is rooting for corruption, dynasty and appeasement to 'quit India'.

Monsoon fury: 169 dead as rains batter south India, Maharashtra

Monsoon fury: 169 dead as rains batter south India, Maharashtra

Rediff.com12 Aug 2019

The flooding in Kerala, Karnataka and Maharashtra has left people without homes and brought about destruction worth crores.

Country celebrates historic Ram temple consecration with religious zeal

Country celebrates historic Ram temple consecration with religious zeal

Rediff.com23 Jan 2024

Several states declared a holiday for schools, while government offices, other establishments and public sector banks remained closed for half a day.

6 Places To Visit For A Memorable Diwali

6 Places To Visit For A Memorable Diwali

Rediff.com9 Nov 2023

You can have a traditional Diwali celebration with your family at these special spots.

View Consumption Survey Numbers With Caution

View Consumption Survey Numbers With Caution

Rediff.com15 Mar 2024

Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.

Govt extends tenure of 4 PSBs' top officials

Govt extends tenure of 4 PSBs' top officials

Rediff.com27 Aug 2021

Four state-owned banks on Friday said the government has extended tenures of their top officials, including managing director and chief executive officers (MD and CEOs) of Punjab National Bank and Bank of Maharashtra. Besides, the government has extended the tenures of executive directors of Punjab National Bank (PNB), Union Bank of India and Central Bank of India. The government sent notifications to these banks on Thursday, informing them about the extensions given to the top-level officials.

Thousands to reach Mumbai as city gears up for rival Sena Dussehra rallies

Thousands to reach Mumbai as city gears up for rival Sena Dussehra rallies

Rediff.com5 Oct 2022

A railway official said a train has been booked for the Dussehra rally from Nanded city in central Maharashtra.

Foreign companies' interest in India fades, shows data

Foreign companies' interest in India fades, shows data

Rediff.com19 Aug 2022

George Acland from Great Britain ran a coffee plantation in Sri Lanka and set up India's first jute mill in 1855. He raised capital and imported the machinery for the mill on the banks of the Hooghly in West Bengal. His company wasn't a great success, but his pioneering work paved the way for India to dominate the jute industry.

Why banks are unwilling to support the sugar industry

Why banks are unwilling to support the sugar industry

Rediff.com14 Mar 2015

ugar mills in UP owe thousands of crores to cane farmers.