News for 'Board of Governors'

'India has adequate forex to manage challenges'

'India has adequate forex to manage challenges'

Rediff.com15 Jul 2015

India's forex reserves recently declined by $704 million to $354.517 billion.

Govt vs RBI: Why new rules could lead to more controversies

Govt vs RBI: Why new rules could lead to more controversies

Rediff.com20 Jun 2016

The final and most significant reset in the relations between the government and the RBI is the manner in which the process of appointing the governor and deputy governors of the central bank has been changed.

IITs being used for 'anti-India, anti-Hindu' activities: RSS mouthpiece

IITs being used for 'anti-India, anti-Hindu' activities: RSS mouthpiece

Rediff.com19 Jul 2015

Organiser, the Rashtriya Swayamsevak Sangh's organ, has alleged that prestigious institutes like Indian Institute of Technology were being turned into places for "anti-India and anti-Hindu" activities.

BJP man to be Goa CM; allies to get 2 Dy CM's posts

BJP man to be Goa CM; allies to get 2 Dy CM's posts

Rediff.com19 Mar 2019

The two would-be Dy CMs are Goa Forward Party chief Vijai Sardesai and Maharashtrawadi Gomantak Party MLA Sudin Dhavalikar.

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.

Cauvery row: Karnataka legislature special Session on Friday to take call on SC order

Cauvery row: Karnataka legislature special Session on Friday to take call on SC order

Rediff.com22 Sep 2016

The Cauvery Supervisory Committee had on September 19 asked Karnataka to release 3,000 cusecs per day but the Apex Court had on September 20 doubled the quantum.

Jung asks Kejriwal govt reasons for DCW chief's removal

Jung asks Kejriwal govt reasons for DCW chief's removal

Rediff.com30 Jan 2014

Lt Governor Najeeb Jung on Thursday returned to Delhi government the file on removal of DCW chairperson Barkha Singh seeking reasons for the proposed action even as Chief Minister Arvind Kejriwal justified its stand saying these bodies should not be headed by politicians.

RBI extends loan restructuring facility to India Inc

RBI extends loan restructuring facility to India Inc

Rediff.com6 Aug 2020

Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.

55-day Amarnath yatra to start on June 28

55-day Amarnath yatra to start on June 28

Rediff.com31 Jan 2013

The annual pilgrimage to the Himalayan cave shrine of Amarnath will begin on June 28 this year and it will be spread over 55 days. The yatra schedule was announced after a meeting of the Shri Amarnath Shrine Board chaired by SASB Chairman and Governor N N Vohra.

How RBI can prevent frauds

How RBI can prevent frauds

Rediff.com29 Oct 2020

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.

Yediyurappa expands Cabinet, 17 MLAs join as ministers

Yediyurappa expands Cabinet, 17 MLAs join as ministers

Rediff.com20 Aug 2019

This is the first Cabinet expansion after he assumed office on July 26 and proved his government's majority on the floor of the assembly on July 29.

Gavaskar bats for life; raises funds for child heart surgeries

Gavaskar bats for life; raises funds for child heart surgeries

Rediff.com17 Sep 2019

India's batting legend Sunil Gavaskar launched his new innings with a triple double century to support over 600 lifesaving heart surgeries for underprivileged children in India.

Google pushes UPI model of digital payments for US Fed

Google pushes UPI model of digital payments for US Fed

Rediff.com15 Dec 2019

In August, the Fed announced that it would develop a "new interbank 24x7x365 RTGS with integrated clearing functionality to support faster payments in the United States". The Fed Board asked for comments on FedNow by November. In reply to this, Google mentioned its experience of launching Google Pay -- Google's payments app which uses the UPI -- in India.

Digital currency race: China leads. India must catch up

Digital currency race: China leads. India must catch up

Rediff.com23 Oct 2020

India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.

Kansas killing an individual act, says foreign secretary Jaishankar

Kansas killing an individual act, says foreign secretary Jaishankar

Rediff.com4 Mar 2017

Jaishankar, who along with the Commerce Secretary Rita Teotia, held a series of meetings with top officials of the Trump's administration and Congressional leaders, said the tragic incident in Kansas featured in many of their discussions.

Tokyo Games' fate in hands of powerful IOC boss Bach

Tokyo Games' fate in hands of powerful IOC boss Bach

Rediff.com28 Feb 2020

Thomas Bach has virtually complete control over the body and by far the biggest influence on whether the Games will go ahead or not. With the Games having only been cancelled in the past due to World Wars One and Two, Bach will undoubtedly do everything in his power to protect the IOC's prime product

Rakesh Mohan tipped to be ED at the IMF

Rakesh Mohan tipped to be ED at the IMF

Rediff.com24 Sep 2012

Dr Mohan will be representing India along with Bangladesh, Bhutan and Sri Lanka on the 24-member Executive Board of the IMF.

Rajan's advice on PSU bank mergers

Rajan's advice on PSU bank mergers

Rediff.com12 Sep 2017

'I would say restore the banks to health, get active board composed of professionals, then there will be an ideal situation for merger.'

Bad loans situation may not have peaked yet, says Rajan

Bad loans situation may not have peaked yet, says Rajan

Rediff.com14 May 2015

Rajan was speaking at a news conference.

A Dalit leader who did much for himself

A Dalit leader who did much for himself

Rediff.com12 Oct 2020

Paswan was a minister under six different prime ministers, hardly out of government since he was first elected to the Lok Sabha in 1977, observes Virendra Kapoor.

Moratorium extended: Borrowers get time till Aug to repay loans

Moratorium extended: Borrowers get time till Aug to repay loans

Rediff.com22 May 2020

As a result of this moratorium, individuals' EMI payments of loans taken will not be deducted from their bank accounts, providing much needed liquidity to borrowers whose income has been disrupted due to the lockdown till May 31.

Urjit Patel's elevation shows govt's willingness to fight inflation

Urjit Patel's elevation shows govt's willingness to fight inflation

Rediff.com29 Aug 2016

investors will look to the new governor to continue the banking sector clean-up with the same urgency as Mr Rajan, who was targeting fully cleaned-up and provisioned balance sheets by March 2017

1 dead, 33 missing as boat sinks in Assam after hitting ferry steamer

1 dead, 33 missing as boat sinks in Assam after hitting ferry steamer

Rediff.com9 Sep 2021

The accident occurred when the private boat 'Ma Kamala' was headed to Majuli from Nimati Ghat and the government-owned ferry 'Tripkai' was coming from the riverine island.

'There is a need for more supervisors at the RBI'

'There is a need for more supervisors at the RBI'

Rediff.com19 Aug 2020

'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'

Voda's payments bank becomes first to shut shop

Voda's payments bank becomes first to shut shop

Rediff.com22 Jul 2019

Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.

Will Supreme Court finally end RBI's supreme conceit?

Will Supreme Court finally end RBI's supreme conceit?

Rediff.com12 Apr 2019

For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.

Obama weighed in on Biden's choice of Kamala Harris as VP nominee

Obama weighed in on Biden's choice of Kamala Harris as VP nominee

Rediff.com12 Aug 2020

Obama, the first Black American president, said Harris "is more than prepared for the job," adding that it is, "a good day for our country".

PCB gets green light for legal action against BCCI

PCB gets green light for legal action against BCCI

Rediff.com30 Dec 2016

The Board of Governors of the Pakistan Cricket Board on Friday gave approval for adopting legal recourse against the Board of Control for Cricket in India for not honouring the Memorandum of Understanding (MoU) between the two boards in 2014 to play bilateral series.

Inflation warrior Urjit Patel at the helm of RBI

Inflation warrior Urjit Patel at the helm of RBI

Rediff.com5 Sep 2016

The first task before him is to get used to the idea of working with the Monetary Policy Committee

Cricket Buzz: Arjun Tendulkar picked in Mumbai squad

Cricket Buzz: Arjun Tendulkar picked in Mumbai squad

Rediff.com26 Aug 2019

Arjun Tendulkar, son of cricket icon Sachin Tendulkar and a left-arm pacer, has been named in the 15-member Mumbai squad for the upcoming 'Bapuna Cup' to be held in Nagpur.

Make PCB accountable for Pak's poor show: Yousuf

Make PCB accountable for Pak's poor show: Yousuf

Rediff.com30 Mar 2016

Former Pakistan captain Muhammad Yousuf has urged the fact-finding committee of the PCB to not only blame the coach, captain and players for the national cricket team's dismal performance but also make the board officials accountable. "I told the committee that it is fine they are inquiring into the team's performances and those of the captain and coach but what about the board officials who are also responsible for the steep decline in our cricket," Yousuf told PTI to from Lahore. "Every time the team performs badly, the responsibility is put on the captain, coach and the players but I have never seen anyone in the board being held responsible," he added. The fact-finding committee was constituted by the Pakistan Cricket Board to probe into the team's poor performances in Asia Cup and World T20, as well as in earlier series against England and New Zealand. The committee includes Test captain Misbah-ul-Haq and senior batsman Younis Khan -- both of whom have not attended the first two days of the fact-finding committee's three-day meeting in Lahore.

Selecting next RBI chief: Scrap the committee, use the old system

Selecting next RBI chief: Scrap the committee, use the old system

Rediff.com28 Jun 2016

An early choice will also allow Mr Rajan to do some hand-holding.

Nikki Haley likely to be Secretary of State in Trump's cabinet

Nikki Haley likely to be Secretary of State in Trump's cabinet

Rediff.com17 Nov 2016

Trump's transition team spokesman Sean Spicer listed Haley as one of the candidates.

Shorts: NBA announces format for 2020-21 season

Shorts: NBA announces format for 2020-21 season

Rediff.com18 Nov 2020

All five teams from within a division will play all five teams from one other intraconference division twice at home, and all five teams from the remaining intraconference division twice on the road.

Rajan says India's current account deficit comfortable

Rajan says India's current account deficit comfortable

Rediff.com11 Dec 2014

Rajan said an interest rate cut won't by itself lead to higher economic growth

Run business schools like businesses

Run business schools like businesses

Rediff.com2 Dec 2019

The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.

Welcome hug for Ajit Pawar as Maha MLAs take oath

Welcome hug for Ajit Pawar as Maha MLAs take oath

Rediff.com27 Nov 2019

NCP leaders Ajit Pawar, Chhagan Bhujbal, Congress leaders and former chief ministers Ashok Chavan, Prithviraj and former speakers Dilip Walse Patil (NCP) and Haribhau Bagade of the Bharatiya Janata Party were among the members to take oath early.

Najam Sethi withdraws nomination for ICC president's post

Najam Sethi withdraws nomination for ICC president's post

Rediff.com1 Jun 2015

Former Pakistan Cricket Board chairman Najam Sethi withdrew his candidature for the ICC president's post and requested the PCB to nominate a former Test great instead.

Curtailing RBI Guv's veto powers is another flash point

Curtailing RBI Guv's veto powers is another flash point

Rediff.com25 Jul 2015

Urjit Patel panel wanted all members to be appointed by RBI

Car explodes near CRPF convoy in Jammu

Car explodes near CRPF convoy in Jammu

Rediff.com30 Mar 2019

A CRPF vehicle suffered slight damages in the rear side.