News for 'Board of Governors'

'I was not a PM afraid of talking to the press'

'I was not a PM afraid of talking to the press'

Rediff.com19 Dec 2018

Several Congress leaders interpreted it as a dig at Prime Minister Modi who is yet to address a single press conference in his 54-month tenure.

Kris Kolluri to oversee ops at New Jersey's top public universities

Kris Kolluri to oversee ops at New Jersey's top public universities

Rediff.com4 Jul 2014

Kris Kolluri, a former New Jersey senior government official, was recently appointed the new chief executive officer of the Rowan University/Rutgers-Camden board of governors.

Banks turn a deaf ear to RBI diktat staying EMIs for 3 months

Banks turn a deaf ear to RBI diktat staying EMIs for 3 months

Rediff.com31 Mar 2020

With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid disruptions caused by the coronavirus outbreak. As part of measures to alleviate hardships faced by people, the Reserve Bank of India, on March 27, announced a slew of steps, including a three-month moratorium on loan repayments.

Why HRD ministry nixed all names for IIM-A chairman's post

Why HRD ministry nixed all names for IIM-A chairman's post

Rediff.com30 May 2016

This is reportedly the first time that the names recommended by a search committee have been shot down by the HRD ministry

Vyapam scam: SC agrees to hear plea seeking removal of MP Gov

Vyapam scam: SC agrees to hear plea seeking removal of MP Gov

Rediff.com6 Jul 2015

The Supreme Court on Monday agreed to hear a petition seeking removal of Madhya Pradesh Governor Ram Naresh Yadav on the ground of his alleged involvement in the scam in the massive admission and recruitment scam in the Madhya Pradesh Professional Examination Board.

'Independence came early because of the Naval Mutiny'

'Independence came early because of the Naval Mutiny'

Rediff.com8 Apr 2022

'These naval sailors should have been given due respect as freedom fighters.' 'February 18, 1946 should be as important as January 26 because that date changed everything.'

Australia's Stuart Law frontrunner for Pakistan head coach job

Australia's Stuart Law frontrunner for Pakistan head coach job

Rediff.com4 May 2016

Former Australia player Stuart Law has been confirmed as the Pakistan Cricket Board's first choice for the post of national team chief coach.

Delhi declares coronavirus as epidemic; shuts schools, halls till March 31

Delhi declares coronavirus as epidemic; shuts schools, halls till March 31

Rediff.com12 Mar 2020

The national capital has so far recorded six cases of coronavirus.

Should've asked Cong FMs: Sitharaman on Rahul's RBI remark

Should've asked Cong FMs: Sitharaman on Rahul's RBI remark

Rediff.com27 Aug 2019

The committee had eminent people on it and making any allegations like this is 'outlandish', Sitharaman said.

RBI will keep PSBs under strict watch

RBI will keep PSBs under strict watch

Rediff.com29 Dec 2018

RBI says haste in easing norms for banks harmful to economy.

2 Indian Americans likely to be in Biden admin's cabinet

2 Indian Americans likely to be in Biden admin's cabinet

Rediff.com18 Nov 2020

Murthy, who currently is the top Indian-American advisor to President-elect Joe Biden on COVID-19, is a potential pick for the post of Secretary of Health and Human Services and Stanford University Professor Arun Majumdar for the post of Secretary of Energy, The Washington Post and Politico said in their reports on Tuesday that mentions a list of potential picks for various Cabinet-level positions in the Biden administration.

Significant changes to FPI norms on anvil

Significant changes to FPI norms on anvil

Rediff.com24 May 2019

The group, headed by former RBI deputy governor H R Khan, has also pitched for liberalised investment cap, review of prohibited sectors for foreign investment for FPIs, permitting FPIs for off-market transactions and review of restriction on sovereign wealth funds for investment in corporate debt securities.

In boost for investment, Mauritius FPIs get category-I status

In boost for investment, Mauritius FPIs get category-I status

Rediff.com14 Apr 2020

Being part of category-I implies lower compliance burden, simplified know-your-customer norms and documentation requirements, and fewer investment restrictions.

Jim Corbett Still Lives Here

Jim Corbett Still Lives Here

Rediff.com14 Oct 2021

With his name or without, Jim Corbett continues to live on in his home in Uttarakahand's Kaladunghi and in the jungles he loved.

She is likely to replace Ben Bernanke as Fed chief

She is likely to replace Ben Bernanke as Fed chief

Rediff.com9 Oct 2013

Yellen is currently Vice Chairman of the Board of Governors of the Federal Reserve System.

Union backs Viral Acharya, asks govt to desist from undermining RBI

Union backs Viral Acharya, asks govt to desist from undermining RBI

Rediff.com29 Oct 2018

"We firmly hold that undermining the central bank is a recipe for disaster and government must desist," All India Reserve Bank Association said in a letter. The association said Acharya's comments about the government's interventionist role vis-a-vis the RBI has created a flutter across the nation. "This is, however, not a sudden outburst, but was waiting to happen due to long simmering discontent," the association said.

24 killed, hundreds injured as train derails in Turkey

24 killed, hundreds injured as train derails in Turkey

Rediff.com9 Jul 2018

As many as 362 passengers and six train staff were on board at the time of the incident.

God help our economy

God help our economy

Rediff.com1 Feb 2019

Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.

Banks and ARCs: Time to break the cosy relationship

Banks and ARCs: Time to break the cosy relationship

Rediff.com31 May 2021

Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.

Markets end flat on lacklustre global cues

Markets end flat on lacklustre global cues

Rediff.com14 Dec 2018

Among sectoral indices, telecom led the chart, spurting 3.08 per cent, followed by oil and gas.

Tokyo Olympics chief met official who now has coronavirus

Tokyo Olympics chief met official who now has coronavirus

Rediff.com19 Mar 2020

Tokyo 2020 Olympics chief Yoshiro Mori attended a meeting on March 10 that included the deputy head of the Japanese Olympic Committee (JOC) who tested positive for the new coronavirus this week, officials said. Mori, 82, has not been tested because he has no symptoms of the virus and does not meet testing requirements, an official from Mori's office said. Chief Cabinet Secretary Yoshihide Suga told reporters Prime Minister Shinzo Abe met Mori on March 16, without providing details.

Interim COO at RBI not possible: FinMin

Interim COO at RBI not possible: FinMin

Rediff.com21 Aug 2014

The central bank said its board of directors had approved the broad contours of the proposals.

Why Urjit Patel said, 'I quit'

Why Urjit Patel said, 'I quit'

Rediff.com10 Dec 2018

The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.

What govt can do with Rs 176,000 cr transfer from RBI

What govt can do with Rs 176,000 cr transfer from RBI

Rediff.com27 Aug 2019

The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.

Two cheers for the Budget!

Two cheers for the Budget!

Rediff.com10 Feb 2021

While a DFI will help banks derisk their loan portfolios, creation of a bad bank will clean up their balance sheets.

SBI to pick up 49% stake in Yes Bank

SBI to pick up 49% stake in Yes Bank

Rediff.com6 Mar 2020

From the appointed date, the authorised capital of the private sector bank would stand altered to Rs 5,000 crore and the number of equity shares at 2,400 crore having face value of Rs 2 each.

How must govt use RBI's Rs 1.76 lakh crore

How must govt use RBI's Rs 1.76 lakh crore

Rediff.com30 Aug 2019

'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'

Congress workers heckle Urjit Patel at Kolkata airport

Congress workers heckle Urjit Patel at Kolkata airport

Rediff.com15 Dec 2016

The agitated workers waved black flags and chanted slogans against him.

Why Urjit Patel met PM Modi

Why Urjit Patel met PM Modi

Rediff.com12 Nov 2018

The meeting came amid a face-off between the central bank and the finance ministry over issues ranging from appropriate size of reserves that RBI must maintain to ease of lending norms to step up growth in an election year.

Trump picks desi Nikki Haley to be US ambassador to UN

Trump picks desi Nikki Haley to be US ambassador to UN

Rediff.com23 Nov 2016

The South Carolina governor has become the first woman and minority to join Trump's administration.

Ashoka University chancellor says founders never interfered

Ashoka University chancellor says founders never interfered

Rediff.com21 Mar 2021

In a strong counter to the narrative building around reasons for the exit of Professor Pratap Bhanu Mehta, Ashoka University Chancellor Rudrangshu Mukherjee has said the institution remains committed to academic freedom and intellectual independence while its Board of Trustee Chairman Ashish Dhawan promised an open line of communication.

Why is RBI copying US Fed?

Why is RBI copying US Fed?

Rediff.com14 Oct 2020

'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.

Ops in Kashmir very people friendly: Army chief

Ops in Kashmir very people friendly: Army chief

Rediff.com29 Jun 2018

"The message we want these children to go back with, is that if terrorist activities and stone-pelting stops in Kashmir, it too can prosper like Delhi or other big cities, and perhaps even better," Gen Rawat said.

Fadnavis escapes unhurt after his chopper crash-lands in Latur

Fadnavis escapes unhurt after his chopper crash-lands in Latur

Rediff.com25 May 2017

Fadnavis had gone to Latur in Marathwada region when the mishap occurred.

Thaw in ties? Kejriwal meets Jung, discusses better coordination

Thaw in ties? Kejriwal meets Jung, discusses better coordination

Rediff.com10 Jun 2015

Issues like the need to have better coordination between the Lt Governor and the AAP government figured in the meeting.

Combative Smriti Irani is!

Combative Smriti Irani is!

Rediff.com29 Jul 2021

The combativeness reflects her insistence not to meekly acquiesce to what has been going on in Raisina Hill for years or decades, observes Kartikeya Tanna.

Expert group on new bank licences to hold 1st meeting on Nov 1

Expert group on new bank licences to hold 1st meeting on Nov 1

Rediff.com29 Oct 2013

Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.

Over 12,000 pilgrims begin Amarnath Yatra amid tight security

Over 12,000 pilgrims begin Amarnath Yatra amid tight security

Rediff.com2 Jul 2015

The first batch of over 12,000 yatris (pilgrims) left for the cave shrine located at 14,500 feet above the sea level from the two base camps.

RBI to discuss issuance of sovereign bonds with govt: Das

RBI to discuss issuance of sovereign bonds with govt: Das

Rediff.com8 Jul 2019

Expressing his satisfaction over the government's move to slash fiscal deficit target, Das said it will help improve investment by the private sector as crowding out impact will be less.

When Gandhi-Jinnah First Met

When Gandhi-Jinnah First Met

Rediff.com2 Oct 2021

No plaque marks the historic meeting place of the fathers of two nations. And no history textbook tells us about that first meeting and their mutual admiration, common ethos and comradeship.