News for 'Central Bank Governance Group'

Elections Are MUST For Democracy

Elections Are MUST For Democracy

Rediff.com8 Nov 2022

Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.

Agnipath will make youngsters better citizens: Top commanders

Agnipath will make youngsters better citizens: Top commanders

Rediff.com15 Jun 2022

"Only time will tell us about that but I am quite sure that if a youngster who has, as you said, got brainwashed (into terrorism), joins the services under the scheme and stays with us for four years, I am sure he will be a different person and probably more of an Indian than a radical as you brought out," the air marshal told reporters.

Record Rs 32,000 Crore Seized in Tax Raids

Record Rs 32,000 Crore Seized in Tax Raids

Rediff.com24 Jan 2022

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.

Govt acts tough against Greenpeace India, freezes bank accounts

Govt acts tough against Greenpeace India, freezes bank accounts

Rediff.com9 Apr 2015

In a tough action, the Government on Thursday barred Greenpeace India from receiving foreign funds with immediate effect by suspending its licence for six months and froze all its accounts, alleging it has "prejudicially" affected the country's public and economic interests.

Assam boat tragedy: CM bans private ferries, orders high-level probe

Assam boat tragedy: CM bans private ferries, orders high-level probe

Rediff.com9 Sep 2021

The CM said that initial probe indicated "mismanagement" to be the prime reason for the accident, which occurred on Wednesday evening.

Markets end flat amid consolidation; Metals outshine

Markets end flat amid consolidation; Metals outshine

Rediff.com6 Apr 2016

The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.

CAA to be implemented soon: Nadda

CAA to be implemented soon: Nadda

Rediff.com20 Oct 2020

"Due to the COVID-19 pandemic, its implementation got delayed. But as the situation is slowly improving, the work has started. The rules are now being framed and CAA will be implemented very soon. Under this act all the eligible people will definitely get Indian citizenship," Nadda told the social groups, who included Dalits, Gorkhas, Rajbanshis and other tribes.

Markets end flat amid consolidation; Fed action eyed

Markets end flat amid consolidation; Fed action eyed

Rediff.com21 Sep 2016

Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI

How Rajapaksa played his cards

How Rajapaksa played his cards

Rediff.com10 Nov 2018

Mahinda Rajapaksa recovered from his 2015 electoral losses, went to the people and campaigned about the injustice done to him. Without attempting to be subtle, he underscored his image of the Sinhala Buddhist warrior a la Dutugemunu, the king of Sri Lanka (164 BC to 140 BC) who led the military campaign against the invading warlord Elara.

Where are oil prices headed?

Where are oil prices headed?

Rediff.com17 Oct 2016

OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.

G-23's Shashi Tharoor has a vision for Congress, will others see it?

G-23's Shashi Tharoor has a vision for Congress, will others see it?

Rediff.com30 Sep 2022

By filing his nomination as Congress president on Friday, Shashi Tharoor has shown he is no 'quockerwodger' -- a word he introduced into our lexicon which means someone acting on the instructions of an influential third party.

Why RBI will most certainly cut rate on June 6

Why RBI will most certainly cut rate on June 6

Rediff.com3 Jun 2019

There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.

More bad news for the economy; Q2 GDP growth now pegged at 4.7%

More bad news for the economy; Q2 GDP growth now pegged at 4.7%

Rediff.com26 Nov 2019

India's growth outlook has weakened sharply this year, with a crunch that started with the non-banking finance institutions spreading to retail businesses, car-makers, home sales and heavy industries.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Profit booking, global cues subdue markets; Nifty holds 8,900

Profit booking, global cues subdue markets; Nifty holds 8,900

Rediff.com7 Sep 2016

Market participants are now awaiting Thursday's meeting of the European Central Bank

'If Kashmiri Pandits have to come back, then it has to be done honestly'

'If Kashmiri Pandits have to come back, then it has to be done honestly'

Rediff.com29 Mar 2022

'There is no point in just saying, 'hum wapas bhej denge (we will send Kashmiri Pandits back)'.'

Do the Supreme Court panel members support the farm laws?

Do the Supreme Court panel members support the farm laws?

Rediff.com13 Jan 2021

Where do the four members of the Supreme Court appointed panel to interface with farmers stand on the Modi government's farm laws?

'Lockdown should be extended for another 15 days'

'Lockdown should be extended for another 15 days'

Rediff.com2 Apr 2020

'In the first phase, you might allow 30 per cent of the workforce to come in and see how it goes,' says industrialist Harsh Goenka.

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

BRICS may agree on $100 billion currency fund

BRICS may agree on $100 billion currency fund

Rediff.com28 Aug 2013

BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major emerging economies, a senior Chinese central bank official said.

2020: Equities will remain in favour

2020: Equities will remain in favour

Rediff.com27 Jan 2020

Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.

Slowing wholesale inflation: Is it time now for rate cut?

Slowing wholesale inflation: Is it time now for rate cut?

Rediff.com15 Nov 2014

Fall in both WPI and CPI inflation to pressure RBI, say analysts

What FM's stimulus package 2.0 offers

What FM's stimulus package 2.0 offers

Rediff.com14 May 2020

On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.

Rogue ARCs must be punished

Rogue ARCs must be punished

Rediff.com6 Jan 2022

Why can't we have a sunset clause for the ARCs, which is a global norm? questions Tamal Bandyopadhyay.

India's digital health mission likely to face privacy issues

India's digital health mission likely to face privacy issues

Rediff.com11 Oct 2021

Lack of clarity on data-sharing persists, public health experts sceptic about the pilot that was run in six Union territories as benchmark for national roll-out

Centre may offer an exit window to cryptocurrency holders

Centre may offer an exit window to cryptocurrency holders

Rediff.com12 Apr 2021

The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

Ad industry fears note ban will hit 2016 growth as spending slows

Ad industry fears note ban will hit 2016 growth as spending slows

Rediff.com1 Dec 2016

Ban on high-value currency sends advertising industry into a tailspin.

'You can't crunch 2 years of learning into 2 or 3 months'

'You can't crunch 2 years of learning into 2 or 3 months'

Rediff.com3 Sep 2021

'There are large cohorts of students who cannot recognise the alphabet or numbers.' 'We are suggesting schools 'start early and end late'.'

In Tharoor's Loss Lies His Win

In Tharoor's Loss Lies His Win

Rediff.com7 Oct 2022

The 136-year-old baby, argues Shyam G Menon, is taking a tiny step to tackling the biggest dread of old age: Change.

Arrest of a Banker

Arrest of a Banker

Rediff.com3 Nov 2020

This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.

Exit polls' ripple effect: Rupee seen gaining as lotus blooms

Exit polls' ripple effect: Rupee seen gaining as lotus blooms

Rediff.com13 May 2014

The Street had factored in the NDA win, owing to which the appreciation in the rupee is expected to be limited

Indian biz confidence falls to pre-Modi levels: Deutsche Borse

Indian biz confidence falls to pre-Modi levels: Deutsche Borse

Rediff.com27 May 2015

Indian firms have seen a significant fall in orders in the year-to-date period.

'Ceasefire now in Punjab Congress'

'Ceasefire now in Punjab Congress'

Rediff.com21 Sep 2021

'If the Congress wants to keep the ship afloat, it will have to bury the differences.'

Cabinet nod for Rs 1 lakh crore agri-infra fund

Cabinet nod for Rs 1 lakh crore agri-infra fund

Rediff.com8 Jul 2020

The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.

Revealed: Govt's COVID-19 vaccination plan

Revealed: Govt's COVID-19 vaccination plan

Rediff.com8 Dec 2020

The modus operandi for immunising the country's 1.35 billion population in stages has been thrashed out in more than one meeting among top government officials in the health ministry and the Prime Minister's Office.

'How can I as a citizen of this country remain silent?'

'How can I as a citizen of this country remain silent?'

Rediff.com7 Feb 2022

'Why should my vaccine certificate, which I got paying my own money, have the picture of the prime minister?'

How BRICS Is Expanded Is Crucial

How BRICS Is Expanded Is Crucial

Rediff.com25 Jun 2022

With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.

Sensex, Nifty close in the green on infra, PSU & auto stocks

Sensex, Nifty close in the green on infra, PSU & auto stocks

Rediff.com22 Nov 2017

Telecom, metal and healthcare came as dampeners.

Why Subramanian Swamy is wrong in criticising RBI Governor Raghuram Rajan

Why Subramanian Swamy is wrong in criticising RBI Governor Raghuram Rajan

Rediff.com14 May 2016

Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets