News for 'Board of Governors'

Raisi's Instagram post urges Iranians to pray for him

Raisi's Instagram post urges Iranians to pray for him

Rediff.com19 May 2024

Raisi's condition currently remains unknown, Iranian state news agency IRNA has reported, after the helicopter he was traveling in crashed in the country's East Azerbaijan Province.

Americans Must Depend On Hope And Prayer

Americans Must Depend On Hope And Prayer

Rediff.com13 Jul 2024

The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.

5 killed, over 100 injured as storm hits Bengal's Jalpaiguri

5 killed, over 100 injured as storm hits Bengal's Jalpaiguri

Rediff.com1 Apr 2024

West Bengal Chief Minister Mamata Banerjee, who rushed to the district late on Sunday night, assured the people of all help from the administration.

Who is responsible for the mess in Pakistan cricket?

Who is responsible for the mess in Pakistan cricket?

Rediff.com22 Jan 2024

Inzamam ul Haq blames ousted PCB Interim Committee chairman Zaka Ashraf for mess in Pakistan cricket

ED issues 2 summons to Kejriwal, registers new case

ED issues 2 summons to Kejriwal, registers new case

Rediff.com17 Mar 2024

The Enforcement Directorate has issued two summons to Delhi Chief Minister Arvind Kejriwal to appear for questioning on March 18 and 21, official sources said Sunday.

Why Don't These Banks Have A Chairman?

Why Don't These Banks Have A Chairman?

Rediff.com29 Jun 2023

UCO Bank, Bank of Maharashtra, Bank of India, Indian Overseas Bank, Indian Bank, and Central Bank of India don't have a non-executive chairman.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

Baltimore mishap: '1 Indian crew sustained minor injury, rest safe'

Baltimore mishap: '1 Indian crew sustained minor injury, rest safe'

Rediff.com27 Mar 2024

One of the 22 Indian crew manning a crippled cargo ship which collided against a bridge in Baltimore has suffered a 'minor injury' while the rest are all safe aboard the vessel, owners of the Singapore-flagged ship said on Wednesday.

Reliance shareholders approve appointment of Aramco chairman on board

Reliance shareholders approve appointment of Aramco chairman on board

Rediff.com21 Oct 2021

Shareholders of Reliance Industries have approved the appointment of Saudi Aramco Chairman Yasir Al-Rumayyan on the company board, with less than 2 per cent of votes cast against the proposal. Disclosing the results of shareholder votes on the appointment, Reliance in a regulatory filing said 98.03 per cent of votes were cast in favour of the resolution to appoint Al-Rumayyan for three years. As many as 10.89 crore shares or 1.96 per cent voted against the resolution, while 3.23 crore votes were declared invalid due to lack of proper authorisation, it said.

J&K Polls Bristles With Strange Possibilities

J&K Polls Bristles With Strange Possibilities

Rediff.com16 Aug 2024

'If, as happened in Baramulla during the 2024 Lok Sabha election, the youth in the Valley get triggered enough to jump into the wider fray, the end result would be difficult to predict, especially as the state's post-August 5, 2019 political format remains substantially fragmented and foggy,' points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.

Uniform KYC Norms On The Cards

Uniform KYC Norms On The Cards

Rediff.com20 Mar 2024

'The committee has been constituted. Different government departments and FSDC members are part of it.'

Govt tweaks rules, 1st division in BA/MA made must for IIM directors' post

Govt tweaks rules, 1st division in BA/MA made must for IIM directors' post

Rediff.com13 Nov 2023

The Centre has notified new norms for the appointment of directors of Indian Institutes of Management (IIMs), making it mandatory for applicants to have first class degrees in both Bachelor's and Master's, along with a PhD or equivalent from a reputed institute.

65 Ukrainian PoWs among 74 killed in Russian military plane crash

65 Ukrainian PoWs among 74 killed in Russian military plane crash

Rediff.com24 Jan 2024

Officials said that Moscow has dispatched a panel of inquiry to probe into the incident.

PCB boss unhappy: What really happened in Pak vs India tie?

PCB boss unhappy: What really happened in Pak vs India tie?

Rediff.com17 Oct 2023

Zaka Ashraf back in Pakistan, discussing 'incidents' in India with senior board officials

Plane carrying Wagner chief who took on Putin crashes, all 10 onboard killed

Plane carrying Wagner chief who took on Putin crashes, all 10 onboard killed

Rediff.com24 Aug 2023

According to Rosaviatsia, the Russian government's aviation agency, an individual with Prigozhin's name was on board.

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

Rediff.com16 May 2024

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. During the meeting, ARCs will also seek clarity from the regulator on bank borrowing. While there is no regulatory ban in place, ARC sources said banks often refuse funding.

Banks, FinTech Need IT Experts Urgently!

Banks, FinTech Need IT Experts Urgently!

Rediff.com14 Feb 2024

Senior bankers point out that while they will eventually attract qualified professionals, onboarding them takes time.

Does RBI's board have the skill to handhold the management?

Does RBI's board have the skill to handhold the management?

Rediff.com18 Dec 2018

If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.

Arthur, Bradburn and Puttick resign from PCB

Arthur, Bradburn and Puttick resign from PCB

Rediff.com19 Jan 2024

Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.

Kejriwal used 'scam' money to stay at luxury Goa hotel: ED

Kejriwal used 'scam' money to stay at luxury Goa hotel: ED

Rediff.com11 Jul 2024

Delhi Chief Minister Arvind Kejriwal 'directly used' part of the alleged Rs 100 crore generated from the 'kickbacks' of the Delhi excise policy 'scam' by staying in a luxury hotel in Goa, the Enforcement Directorate (ED) has claimed in its charge sheet filed against the Aam Aadmi Party supremo.

9 dead, 41 injured as goods train hits Kanchanjunga Express in Bengal

9 dead, 41 injured as goods train hits Kanchanjunga Express in Bengal

Rediff.com17 Jun 2024

Three rear compartments of the Kanchanjunga Express derailed under the impact of the collision by the locomotive of the goods train from behind, the police officer said.

IIM amendment bill proposing powers to Prez triggers autonomy debate

IIM amendment bill proposing powers to Prez triggers autonomy debate

Rediff.com30 Jul 2023

The bill to amend the IIM Act of 2017 was introduced in the Lok Sabha last Friday amid disruptions by opposition members over the Manipur violence issue.

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Rediff.com7 Sep 2023

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.

Portfolio rejigs of RBI deputy governors soon

Portfolio rejigs of RBI deputy governors soon

Rediff.com10 Jan 2019

Given the pressure from India Inc and the banking fraternity, it is surmised that the portfolio rejig will take place before April.

RBI tighten norms for personal loans

RBI tighten norms for personal loans

Rediff.com16 Nov 2023

The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances. The risk weight on unsecured consumer loans has been raised by 25 percentage points. The new regulations, however, will not be applicable on housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery, the Reserve Bank said in a circular.

Shaktikanta Das named new RBI Governor

Shaktikanta Das named new RBI Governor

Rediff.com11 Dec 2018

He will be the first bureaucrat to head the central bank in almost five years.

As BJP embraces Chirag Paswan, Paras threatens revolt

As BJP embraces Chirag Paswan, Paras threatens revolt

Rediff.com14 Mar 2024

There are unconfirmed reports that the BJP has offered to appoint Paras as governor and a berth in the Bihar cabinet to his nephew Prince Raj. M I Khan reports.

Jolt to another TN minister as, HC orders trial in graft case

Jolt to another TN minister as, HC orders trial in graft case

Rediff.com26 Feb 2024

The trial court shall, as far as practicable, conduct trial from day to day, and complete the same on or before July 31, 2024, the judge added.

BCCI's visit to Pakistan: What did they discuss?

BCCI's visit to Pakistan: What did they discuss?

Rediff.com6 Sep 2023

Binny and Shukla travelled to Pakistan following an invitation to members of the Asian Cricket Council

Sec 144 clamped in Bengal village after protests for TMC leader's arrest

Sec 144 clamped in Bengal village after protests for TMC leader's arrest

Rediff.com10 Feb 2024

Local women with sticks and brooms in their hands took out processions in different areas of Sandeshkhali as the protests intensified on the second day on Friday.

Baltimore mishap: Indian crew onboard Dali 'healthy'

Baltimore mishap: Indian crew onboard Dali 'healthy'

Rediff.com1 Apr 2024

The Indian crew onboard a crippled container vessel that collided against a key bridge in Baltimore last week is healthy , according to a nonprofit organisation that has been in touch with the personnel.

Meet Urjit Patel, RBI's 24th Governor

Meet Urjit Patel, RBI's 24th Governor

Rediff.com20 Aug 2016

As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank

Bihar govt transfers over 100 bureaucrats amid political turmoil

Bihar govt transfers over 100 bureaucrats amid political turmoil

Rediff.com27 Jan 2024

The transferred officers included 22 IAS, 79 IPS, 45 Bihar Administrative Service officers

Can Your Bank Avoid Cyber Attacks?

Can Your Bank Avoid Cyber Attacks?

Rediff.com1 Dec 2023

The Union finance ministry will meet CEOs of public sector banks to discuss issues related to cybersecurity in the wake of the Rs 820 crore (Rs 8.2 billion) fraud that hit Kolkata-based UCO Bank last month.

Iranian Nuclear Deterrent On the Horizon

Iranian Nuclear Deterrent On the Horizon

Rediff.com17 Jun 2024

The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..

RBI Governor seeks more teeth to effectively regulate PSBs

RBI Governor seeks more teeth to effectively regulate PSBs

Rediff.com12 Jun 2018

RBI has cited at least 10 areas where it has no control over PSBs.

Urjit Patel resigns as RBI Governor citing personal reasons

Urjit Patel resigns as RBI Governor citing personal reasons

Rediff.com10 Dec 2018

Patel, 55, who took over as the 24th Governor of the central bank on September 5, 2016, had the shortest tenure since 1992.

'Something unique in the mitti and paani of Bharat'

'Something unique in the mitti and paani of Bharat'

Rediff.com9 Feb 2024

'There is something in our desh ki mitti that has held us together.'
'So many conquerors, colonisers, cultures came and went, but we withstood them and rose up again.'

Don't allow non-Hindus beyond flagpole of temples, HC directs TN

Don't allow non-Hindus beyond flagpole of temples, HC directs TN

Rediff.com31 Jan 2024

Justice S Srimathy of the HC's Madurai Bench gave the judgement while hearing a plea from D Senthilkumar, who sought directions to the respondents to permit Hindus alone to the Arulmigu Palani Dhandayuthapani Swamy temple and its sub-temples.

Paytm Crisis: StartUp Founders Take Note

Paytm Crisis: StartUp Founders Take Note

Rediff.com22 Feb 2024

Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.