News for 'Central Bank Governance Group'

'India to remain a bright spot of the global economy'

'India to remain a bright spot of the global economy'

Rediff.com7 Jan 2016

China is estimated to grow at 6.7 per cent in 2016.

India in sweet spot as commodity prices are on uptick

India in sweet spot as commodity prices are on uptick

Rediff.com26 Jan 2021

The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.

We need Modi the Thanedar, not Chowkidar

We need Modi the Thanedar, not Chowkidar

Rediff.com8 Apr 2022

I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.

'Money pullback good for markets in the long run'

'Money pullback good for markets in the long run'

Rediff.com17 Nov 2016

Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.

Sensex ends in green; GDP data awaited

Sensex ends in green; GDP data awaited

Rediff.com27 Nov 2014

The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.

UP polls: Candidates leaving no stone unturned to woo voters

UP polls: Candidates leaving no stone unturned to woo voters

Rediff.com13 Feb 2022

Unusual means of connecting with the electorate are also being adopted by ministers in the Yogi Adityanath government, who are doing their bit to reach out to the voters.

How Non-BJP States Are Paying Back Modi-Shah

How Non-BJP States Are Paying Back Modi-Shah

Rediff.com13 May 2022

Non-BJP chief ministers are retaliating. If the Centre can use its agencies to threaten, intimidate and jail its rivals, so can they. The fightback will get more intense, observes Shekhar Gupta.

'India Inc can overcome hurdles in adopting new accounting standard'

'India Inc can overcome hurdles in adopting new accounting standard'

Rediff.com1 Sep 2015

From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.

Green policy flip-flops spook foreign investment firms

Green policy flip-flops spook foreign investment firms

Rediff.com26 Feb 2021

Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.

Retail inflation spikes to 3-year high; IIP shrinks to 3.8%

Retail inflation spikes to 3-year high; IIP shrinks to 3.8%

Rediff.com12 Dec 2019

During the month, inflation in vegetables shot up to 35.99 per cent, as against 26.10 per cent in October. Likewise, the prices of cereals and eggs grew at a faster pace of 3.71 per cent.

Do you know what impact investing is?

Do you know what impact investing is?

Rediff.com10 Jun 2019

'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.

Street expects FY16 rate cut of 75-100 bps

Street expects FY16 rate cut of 75-100 bps

Rediff.com6 Apr 2015

Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".

Govt sacks 21 'corrupt' tax officers

Govt sacks 21 'corrupt' tax officers

Rediff.com26 Nov 2019

With this, 85 officers, including 64 high ranking ones, have been compulsorily retired.

Verdict on Nirav Modi's extradition appeal likely in Jan 2022

Verdict on Nirav Modi's extradition appeal likely in Jan 2022

Rediff.com14 Dec 2021

The High Court in London on Tuesday began hearing Nirav Modi's appeal on the grounds of his mental health against extradition to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over the hearing at the Royal Courts of Justice to determine whether District Judge Sam Goozee's February ruling in favour of extradition was incorrect to overlook the diamond merchant's "high risk of suicide". The court heard of an additional assurance from the Indian authorities on November 13, which reiterates previous commitments of adequate specialist medical care and an ambulance at hand were Nirav to be extradited to Mumbai.

Naming of all defaulters will kill businesses: Rajan

Naming of all defaulters will kill businesses: Rajan

Rediff.com5 Apr 2016

The Reserve Bank had submitted a list of 150 top loan defaulters who owe banks more than Rs 500 crore in a sealed cover to the Supreme Court.

'I Was Fortunate To Fight The 1971 War'

'I Was Fortunate To Fight The 1971 War'

Rediff.com16 Dec 2022

'The 1971 War was our greatest military victory.' 'It had so many stories of exceptional valour and leadership.'

After 6 weeks of climb, Sensex takes a plunge

After 6 weeks of climb, Sensex takes a plunge

Rediff.com25 Nov 2014

The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.

Modi-India Inc meet: A move to boost confidence amid crisis

Modi-India Inc meet: A move to boost confidence amid crisis

Rediff.com8 Sep 2015

The meeting will focus on how to make the crisis an opportunity for India.

'I hope Dr Urjit Patel thinks beyond continuity'

'I hope Dr Urjit Patel thinks beyond continuity'

Rediff.com26 Aug 2016

'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.

SC upholds Aadhaar, says it's not needed for cellphones, banks

SC upholds Aadhaar, says it's not needed for cellphones, banks

Rediff.com27 Sep 2018

The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.

Railways to IAS: Where are the Women?

Railways to IAS: Where are the Women?

Rediff.com4 Apr 2019

Women's representation in government jobs is less than 15%.

He helps Indian banks raise money in London

He helps Indian banks raise money in London

Rediff.com26 Aug 2016

In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story

What CBI probe means for Mumbai, Navi Mumbai airports

What CBI probe means for Mumbai, Navi Mumbai airports

Rediff.com25 Aug 2020

Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.

Govt refuses to budge on September 30 e-com deadline

Govt refuses to budge on September 30 e-com deadline

Rediff.com27 Sep 2019

The e-commerce companies believe the government is using this exercise to take an unauthorised look into their financials, shareholding and operations.

Why farmers in UP are not protesting

Why farmers in UP are not protesting

Rediff.com16 Jan 2021

Robust procurement of paddy and wheat since 2017 and prompt payment to farmers have helped the UP government cultivate a positive and pro-farmer perception, defusing possible farm face-off situations.

Dr Patel, be a fox to Dr Rajan's lion and an Owl at all times

Dr Patel, be a fox to Dr Rajan's lion and an Owl at all times

Rediff.com22 Aug 2016

'It will be interesting to see how Dr Patel handles gadflies with the maturity of egregiously petulant three year olds.' 'That Dr Patel does not, in so far as we can tell, cause society matrons to gush like hormonal teenagers can only be a good thing for him.' 'Look where their febrile imaginations and breathless prose took his predecessor.'

'Demand for home loans is rising steadily'

'Demand for home loans is rising steadily'

Rediff.com19 Dec 2020

'We tightened our risk frameworks once the Covid crisis started.' 'We are slowly lightening this as we see economic activity pick up, salaries getting restored, and people getting back into jobs.'

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'

Data, AI can add $450-500 bn to India's GDP by 2025: Nasscom

Data, AI can add $450-500 bn to India's GDP by 2025: Nasscom

Rediff.com18 Aug 2020

Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.

PNB fraud is now pegged at Rs 12,717 crore

PNB fraud is now pegged at Rs 12,717 crore

Rediff.com27 Feb 2018

The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.

How Opposition Can Take On Modi's BJP

How Opposition Can Take On Modi's BJP

Rediff.com11 Aug 2022

The future challenger to Narendra Modi would be somebody who can bring the Hindus and Muslims together again. The Hindus as Hindus, not broken caste groups, asserts Shekhar Gupta.

Greek 'no': Losses but no panic for euro zone shares

Greek 'no': Losses but no panic for euro zone shares

Rediff.com6 Jul 2015

Banks bore the brunt of the sell-off.

From intolerance to new GDP numbers, Rajan had a view on all

From intolerance to new GDP numbers, Rajan had a view on all

Rediff.com18 Jun 2016

While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".

Markets end lower amid volatile trading session

Markets end lower amid volatile trading session

Rediff.com6 Jun 2013

BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.

Markets end flat amid choppy trade; Nifty holds 8,700

Markets end flat amid choppy trade; Nifty holds 8,700

Rediff.com14 Sep 2016

PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation

Realtors unhappy over RBI policy; seek interest cut in future

Realtors unhappy over RBI policy; seek interest cut in future

Rediff.com3 Feb 2015

Real estate biggies unhappy with status quo on RBI rate cut.

Why Rajan's rate cut decision surprised top RBI officials

Why Rajan's rate cut decision surprised top RBI officials

Rediff.com13 Mar 2015

Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.

I-T probe into NuPower hints at round-tripping

I-T probe into NuPower hints at round-tripping

Rediff.com14 Apr 2018

The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.

'Never suggested overnight banning of high value notes'

'Never suggested overnight banning of high value notes'

Rediff.com22 Nov 2016

'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'

Vaccination for COVID-19 will be voluntary: Govt

Vaccination for COVID-19 will be voluntary: Govt

Rediff.com18 Dec 2020

The ministry further stated that it was advisable to receive a complete schedule of the anti-coronavirus vaccine irrespective of past history of infection with COVID-19 as this will help in developing a strong immune response against the disease.