News for 'Bharat Banking'

BJP's Ramji Ki Guarantee

BJP's Ramji Ki Guarantee

Rediff.com22 Jan 2024

Is 2024 a done deal for the BJP? It was a done deal five years ago itself, but it did not have a guarantee.
Now, with the temple consecration, it seems to have acquired a Ramji Ki Guarantee, notes Saisuresh Sivaswamy.

PM handed over Bharat Mata ka tukda to China: Rahul

PM handed over Bharat Mata ka tukda to China: Rahul

Rediff.com12 Feb 2021

His attack on the government came a day after Defence Minister Rajnath Singh assured Parliament that India has not conceded anything in the sustained talks with China and it will not allow even an inch of its territory to be taken away by anyone.

CBI arrests BRS leader Kavitha in Tihar jail in corruption case

CBI arrests BRS leader Kavitha in Tihar jail in corruption case

Rediff.com11 Apr 2024

The CBI on Thursday arrested Bharat Rashtra Samithi (BRS) leader K Kavitha in connection with a corruption case linked to the alleged Delhi excise policy scam, officials said.

Divestment target for FY25 may be lower with no new lofty plan

Divestment target for FY25 may be lower with no new lofty plan

Rediff.com9 Nov 2023

The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. "We are still evaluating the Budget estimates for FY25. "New big-ticket asset sales are unlikely.

Can Gambhir Magic Bring KKR Title 3?

Can Gambhir Magic Bring KKR Title 3?

Rediff.com21 Mar 2024

As captain, Gautam Gambhir won KKR its two titles. Now, as team mentor, can he inspire KKR to achieve glory?

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Rediff.com2 Sep 2020

Banks are in the process of getting a board-approved restructuring framework in line with the RBI's framework and eligibility defined by the central bank.

PSU stock froth persists: Q4 test for financial endurance

PSU stock froth persists: Q4 test for financial endurance

Rediff.com28 Mar 2024

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.

CSK seeking home comfort against rampaging KKR

CSK seeking home comfort against rampaging KKR

Rediff.com7 Apr 2024

Defending champions Chennai Super Kings will expect a lot more from their top-order as they aim to get their campaign back on track against a power-packed Kolkata Knight Riders in the IPL match in Chennai on Monday.

RBI to issue new Rs 20 bank notes

RBI to issue new Rs 20 bank notes

Rediff.com27 Apr 2019

All the bank notes in the denomination of Rs 20 issued by the RBI in the earlier series will continue to be legal tender, it clarified.

35 BRS leaders join Congress ahead of Telangana polls

35 BRS leaders join Congress ahead of Telangana polls

Rediff.com26 Jun 2023

The leaders met Congress president Mallikarjun Kharge, former party chief Rahul Gandhi in the presence of general secretary (organisation) KC Venugopal and Telangana Congress chief A Revanth Reddy.

Excise policy: AAP's Goa poll kickbacks detected in I-T, CBI probes, says ED

Excise policy: AAP's Goa poll kickbacks detected in I-T, CBI probes, says ED

Rediff.com31 Mar 2024

Statements of five 'Angadiya' firm operators have also been recorded by the ED to establish the "money trail" of this alleged Rs 45 crore bribe amount.

Electoral bonds: TMC 2nd largest beneficiary; Future Gaming DMK's top donor

Electoral bonds: TMC 2nd largest beneficiary; Future Gaming DMK's top donor

Rediff.com17 Mar 2024

Future Gaming of lottery king Santiago Martin was the biggest purchaser of electoral bonds at Rs 1,368 crore, of which nearly 37 percent went to the DMK.

'My Father Made Me What I Am'

'My Father Made Me What I Am'

Rediff.com17 Jun 2024

'Dharti par jo Rab hota hai, woh hai pitaah (There's a God on earth, and it's a Father).'

How Dropped Candidates Keep Busy

How Dropped Candidates Keep Busy

Rediff.com25 Apr 2024

Cricket climate change to medical practice, dropped candidates have their non-political life sorted.

Will a motto tweak to 'bahujan' help BSP regain lost ground?

Will a motto tweak to 'bahujan' help BSP regain lost ground?

Rediff.com11 Apr 2024

The bahujan hitai, bahujan sukhai motto was used in the press note issued by the BSP informing about the party chief Mayawati's election meetings in Nagpur (Maharashtra) on Thursday.

Are Markets In An Oversold Zone?

Are Markets In An Oversold Zone?

Rediff.com8 Nov 2023

'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.'

'Tamil voters don't like to be told what to do'

'Tamil voters don't like to be told what to do'

Rediff.com16 Apr 2024

'Modi is trying avenues to convince people why they should vote for the BJP.'

Micromax wants to give Bharat an option against China

Micromax wants to give Bharat an option against China

Rediff.com20 Nov 2020

With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.

Tracking Poll Mood On The Brahmaputra Mail

Tracking Poll Mood On The Brahmaputra Mail

Rediff.com2 May 2024

Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.

Swachh Bharat cess: Pay more for air travel, eating out!

Swachh Bharat cess: Pay more for air travel, eating out!

Rediff.com6 Nov 2015

The decision to impose 0.5 per cent cess will translate into a tax of 50 paise only on every Rs 100 worth of taxable services.

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Rediff.com8 Dec 2023

Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.

Ranveer-Kriti's Day Out In Varanasi

Ranveer-Kriti's Day Out In Varanasi

Rediff.com15 Apr 2024

Ranveer Singh, Kriti Sanon and Manish Malhotra visited the Kashi Vishwanath temple in Varanasi to offer prayers over the weekend.

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

Rediff.com25 Dec 2023

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.

Kavitha forced S C Reddy to pay Rs 25 cr to AAP: CBI

Kavitha forced S C Reddy to pay Rs 25 cr to AAP: CBI

Rediff.com13 Apr 2024

Reddy, who was an accused in a money-laundering case linked to the alleged liquor scam in Delhi, had turned an approver in the case that is being probed by the Enforcement Directorate (ED). The CBI is yet to file a chargesheet against him.

India Inc's Q2 show may fail to dazzle

India Inc's Q2 show may fail to dazzle

Rediff.com16 Oct 2023

India's corporate sector is likely to report a slowdown in revenue growth and earnings for the July-September 2023 period (Q2FY24), according to earnings estimates by brokerages, after the country's top listed companies posted higher than expected profits for the first quarter. The combined net profit of Nifty50 companies, based on brokerage estimates, is expected to have grown by 19.6 per cent year-on-year (Y-o-Y) to Rs 1.75 trillion in Q2FY24 - a sharp deceleration from 37.6 per cent Y-o-Y growth in the combined earnings of index companies in the April-June 2023 period. According to estimates, the combined earnings in the second quarter would be down 8.8 per cent on a quarter-on-quarter (Q-o-Q) basis and the lowest in the past three quarters.

Bharat Bandh: Rail services disrupted, roads blocked across country

Bharat Bandh: Rail services disrupted, roads blocked across country

Rediff.com10 Sep 2018

As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Q1 results: India Inc profit surges 65% but shows lopsided growth

Q1 results: India Inc profit surges 65% but shows lopsided growth

Rediff.com15 Aug 2023

There has been a sharp recovery in the headline corporate earnings in the April-June 2023 quarter (Q1FY24), after a dismal showing by early bird companies. The combined net profit of the 983 listed companies that have declared their quarterly results, so far, was up 64.7 per cent year-on-year to record a high of Rs 2.68 trillion in the first quarter, but growth in earnings remained lopsided because most of the incremental gains came from a handful of companies. Moreover, the quarterly numbers showed a continued slowdown in revenue growth.

Is Election Commission Scared Of Modi?

Is Election Commission Scared Of Modi?

Rediff.com25 May 2024

This election will be remembered for being the first election where the Election Commission failed to take action on gross violations involving the ruling party that repeatedly used religion, communal slurs, lies and undocumented allegations, observes Ramesh Menon.

Keshubhai's son Bharat rejoins BJP before LS polls

Keshubhai's son Bharat rejoins BJP before LS polls

Rediff.com23 Dec 2013

In a major blow to the recently formed Gujarat Parivartan Party floated by former Gujarat chief minister Keshubhai Patel, his son Bharat on Monday rejoined the Bharatiya Janata Party in Ahmedabad.

Rs 8 trillion of banks loans will be restructured!

Rs 8 trillion of banks loans will be restructured!

Rediff.com16 Sep 2020

What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.

'What expertise does DBS have to run an Indian bank?'

'What expertise does DBS have to run an Indian bank?'

Rediff.com3 Dec 2020

'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'

Uddhav defends 'patriot' use at INDIA rally speech in Mumbai

Uddhav defends 'patriot' use at INDIA rally speech in Mumbai

Rediff.com19 Mar 2024

Thackeray had addressed the audience as his deshbhakt and deshpremi brothers and sisters" instead of the traditional invocation of "Hindu brothers and sisters" at the Shivaji Park gathering in Mumbai.

G20: World leaders hail Modi's 'decisive leadership'

G20: World leaders hail Modi's 'decisive leadership'

Rediff.com10 Sep 2023

With India's G20 presidency ensuring several tangible outcomes, world leaders at the two-day summit in New Delhi hailed Prime Minister Narendra Modi for his 'decisive leadership' and for championing the voice of the Global South, sources said on Sunday.

FM urges pvt banks to ensure smooth liquidity for MSMEs

FM urges pvt banks to ensure smooth liquidity for MSMEs

Rediff.com15 Jun 2020

The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective rollout of ECLGS and uninterrupted liquidity to Indian MSMEs in this difficult time.

Anil Ambani appears before ED in Yes Bank case

Anil Ambani appears before ED in Yes Bank case

Rediff.com19 Mar 2020

Reliance group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said. The agency is expected to record the statement of Ambani under the Prevention of Money Laundering Act. The 60-year-old businessman arrived at the ED office in Ballard Estate around 9.30 am.

Modi says J-K breathes freely after Art 370 abrogation; silent on polls

Modi says J-K breathes freely after Art 370 abrogation; silent on polls

Rediff.com7 Mar 2024

After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".

Modi Is Being Outnumbered And Out-Rallied

Modi Is Being Outnumbered And Out-Rallied

Rediff.com30 Apr 2024

This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.

'The BJP Is An Ocean'

'The BJP Is An Ocean'

Rediff.com4 Mar 2024

'You are one of the drops that make that ocean, but when you leave it makes no difference to the ocean.'

Where Will BJP Stand After Modi?

Where Will BJP Stand After Modi?

Rediff.com5 Jun 2024

The lack of clarity on who is next in line, when the time comes, as indeed it will one day some day, reflects poorly on the management of the world's largest political party. It scarcely need be said that a squabble between the contenders, Shah and Yogi, is exactly what the doctor ordered for the Opposition, notes Krishna Prasad.