News for 'Business and Economy Class'

'I see this film as part of a larger conspiracy'

'I see this film as part of a larger conspiracy'

Rediff.com5 May 2023

'What The Kerala Story is trying to do is take the fake hate propaganda which we saw earlier only on WhatsApp to the big screen now.'

Why Modi visits so many countries

Why Modi visits so many countries

Rediff.com20 Apr 2018

'He is seeking to harness the power of Indian Diasporas to national (support for India in global capitals) and political (enhance the Bharatiya Janata Party's support base) ends.'

In financial distress? Seek help, don't commit suicide

In financial distress? Seek help, don't commit suicide

Rediff.com18 Sep 2020

Shedding the stigma around failure, sharing issues with the family and seeking financial assistance from others can help alleviate distress and help people recover faster, says experts.

Jet, IndiGo join low-fare war, offer big discounts

Jet, IndiGo join low-fare war, offer big discounts

Rediff.com13 Jan 2015

Private airlines Jet Airways and IndiGo joined the race for low-fares, offering their customers hefty discounts, after Air India rolled out a similar offer to challenge Vistara, the latest full-service entrant in the domestic market.

AAP's Sanjay Singh to send 33 migrants home by flights

AAP's Sanjay Singh to send 33 migrants home by flights

Rediff.com3 Jun 2020

The decision was praised by Delhi Chief Minister Arvind Kejriwal, who said it would be an inspiration for everyone.

Stay invested in gold for long-term benefits

Stay invested in gold for long-term benefits

Rediff.com3 Dec 2020

Despite price correction, policies that support the yellow metal will remain in place in the foreseeable future.

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Rediff.com17 Mar 2022

Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.

Germany to allow soccer matches sans fans?

Germany to allow soccer matches sans fans?

Rediff.com5 May 2020

German states are also set to allow the Bundesliga soccer league to resume matches, probably from May 15, under strict conditions without fans in stadiums, the sources said.

Rs 100 lakh crores will be invested in infrastructure: PM in I-Day speech

Rs 100 lakh crores will be invested in infrastructure: PM in I-Day speech

Rediff.com15 Aug 2019

The prime minister sought to allay slowdown concerns saying the fundamentals of the economy are strong, with low inflation and a potential to boost exports.

Sector-specific steps must, says India Inc

Sector-specific steps must, says India Inc

Rediff.com18 May 2020

Some sectors like aviation, hospitality, travel and tourism, and automobile have witnessed zero cash flow since the lockdown began.

5 ways India can create MORE jobs

5 ways India can create MORE jobs

Rediff.com21 Jan 2020

We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.

A witty banker, Aditya Puri, refused to lend to Vijay Mallya and Nirav Modi

A witty banker, Aditya Puri, refused to lend to Vijay Mallya and Nirav Modi

Rediff.com26 Oct 2020

Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.

'Walking the talk': Govt presents 50-day report card

'Walking the talk': Govt presents 50-day report card

Rediff.com22 Jul 2019

Javadekar asserted that the first 50 days have shown that Modi government's second term will be more effective and will build on the success of its previous tenure.

WATCH: Narendra Modi's inspiring speech at IIT-Madras

WATCH: Narendra Modi's inspiring speech at IIT-Madras

Rediff.com1 Oct 2019

Narendra Modi addressed the Indian Institute of Technology, Madras' graduating class of 2019.

Omicron scare: South Africa calls for immediate end to travel ban

Omicron scare: South Africa calls for immediate end to travel ban

Rediff.com29 Nov 2021

South Africa will remain on the lowest 'level 1' of its five-level lockdown strategy to fight the COVID-19 pandemic despite the global panic around the detection of the Omicron variant in the country, President Cyril Ramaphosa has announced .

Retail loan repayments see sharp decline in April

Retail loan repayments see sharp decline in April

Rediff.com14 Jun 2021

There has been a "sharp decline" in collection efficiencies in retail asset pools across asset classes in May due to the second wave of the pandemic, with microlenders witnessing a dip of up to 20 per cent, a report said on Monday. "ICRA has observed a sharp decline in the collections of its rated securitisation transactions in April 2021 (i.e. May 2021 payouts), following the rise of COVID-19 cases and imposition of lockdowns/movement restrictions which has impacted the operations and collection activities of the NBFCs and HFCs," the report from domestic rating agency ICRA said. A major part of the country was undergoing localised lockdowns till May-end in the second wave, which saw new cases top 4.14 lakh and resulted in over 4,500 deaths daily at its peak.

'Mid and small-caps are likely to outperform in FY22'

'Mid and small-caps are likely to outperform in FY22'

Rediff.com1 Jun 2021

'It is critical that the Covid curve does not have a fat tail and the chain is broken quickly.'

3rd Wave Fears: India Inc trims FY22 growth outlook

3rd Wave Fears: India Inc trims FY22 growth outlook

Rediff.com16 Jun 2021

'While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.'

FDI shifting from China to India? 3 reasons why it's a joke!

FDI shifting from China to India? 3 reasons why it's a joke!

Rediff.com20 May 2020

'The belief that FDI will shift from China appears to be a strategy of politicians to keep the media busy, chasing irrelevant news to ward off pressure and questions about the government's plans to deal with COVID,' observes Debashis Basu.

'Corporates may not opt for downsizing right away'

'Corporates may not opt for downsizing right away'

Rediff.com16 Apr 2020

'We don't expect any immediate impact on salaried jobs.'

How the BJP has CHANGED India

How the BJP has CHANGED India

Rediff.com27 Aug 2021

Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.

REVEALED! How Vistara plans to take on the skies

REVEALED! How Vistara plans to take on the skies

Rediff.com23 Dec 2014

'India is a high-cost market but that is man-made. The government can change that with a stroke of the pen.'

Shiv Sena MP punches, assaults Air India manager with slippers

Shiv Sena MP punches, assaults Air India manager with slippers

Rediff.com23 Mar 2017

Gaikwad was travelling from Pune to New Delhi when the scuffle broke out over the sitting arrangement.

Vistara, AirAsia to boost their fleet size to 20 planes within a year

Vistara, AirAsia to boost their fleet size to 20 planes within a year

Rediff.com16 Jun 2016

Vistara has a three-class configuration with business, premium economy and economy cabins.

HSBC keen on retail broking

HSBC keen on retail broking

Rediff.com14 Dec 2007

Hongkong and Shanghai Banking Corporation (HSBC) is looking at entering the retail broking business to benefit from the rapidly growing middle class investors in India. It may scout for an existing retail broking house to hasten the pace of setting up business.

Bangladesh may overtake India this year

Bangladesh may overtake India this year

Rediff.com27 Oct 2020

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon, T N Ninan points out.

'We are in search of a Shiva to consume the poison from banking system'

'We are in search of a Shiva to consume the poison from banking system'

Rediff.com23 Nov 2020

'Should the government be in the business of running banks?' 'Particularly when it does not have the fiscal strength to continuously infuse capital into such banks?'

America rising anew: Biden tells US Congress

America rising anew: Biden tells US Congress

Rediff.com29 Apr 2021

Biden said that 100 days since he took the oath of office on January 20 and inherited the worst pandemic in a century and the worst economic crisis in a decade, America is on the move again, turning peril into possibility, crisis into opportunity and setback into strength.

Jet, Etihad woo passengers with 20-50% discounts

Jet, Etihad woo passengers with 20-50% discounts

Rediff.com24 Jul 2014

The 72-hour introductory joint special fare offer will be available from July 25 to July 27 for a travel period between September 1 and June 15, 2015 for flights within India and between September 1 and November 30 this year for flights to international destinations, the statements said.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

'We remain positive on India though there could be some blips on the way'

'We remain positive on India though there could be some blips on the way'

Rediff.com25 Oct 2021

'Slower-than-anticipated recovery can be a bigger risk this time than a liquidity-driven event -- at least for India.'

US added 160,000 jobs in April; jobless rate 5%

US added 160,000 jobs in April; jobless rate 5%

Rediff.com6 May 2016

The US economy added 160,000 jobs in April, extending the longest streak of private-sector job growth on record.

'We know whom Modi is batting for'

'We know whom Modi is batting for'

Rediff.com19 Jan 2021

'We will resist it.' 'Farmers will not let that happen.'

Sitharaman likely to focus on poor, farm sector next

Sitharaman likely to focus on poor, farm sector next

Rediff.com14 May 2020

Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.

What the rise in China's defence budget really means

What the rise in China's defence budget really means

Rediff.com24 May 2020

'China's opaque defence allocation processes are shrouded in mystery and have triggered security dilemmas among its neighbours and others,' notes China expert Srikanth Kondapalli.

India gets better for doing biz globally but still far behind China

India gets better for doing biz globally but still far behind China

Rediff.com30 Sep 2015

India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.

Budget: IT exemption limit may be raised to Rs 5 lakh

Budget: IT exemption limit may be raised to Rs 5 lakh

Rediff.com7 Jun 2019

'We have promised to ensure reduced tax rates.'

COVID Hero: He Feeds the Hungry

COVID Hero: He Feeds the Hungry

Rediff.com8 Jun 2021

N Kalyanasundaram started saving up last year so that he could feed the hungry during the second COVID lockdown.

'What honesty can you talk about when you openly buy MLAs?'

'What honesty can you talk about when you openly buy MLAs?'

Rediff.com14 Dec 2020

'What steps have the higher level of political leadership taken to remove corruption from the system and bring in honest governance?'