News for 'Central Bank Governance Group'

IMF warns of huge financial hole as Greek vote looms

IMF warns of huge financial hole as Greek vote looms

Rediff.com3 Jul 2015

IMF report says billions more cash and debt relief needed

Why Xi Jinping 'fixed' Jack Ma

Why Xi Jinping 'fixed' Jack Ma

Rediff.com18 Jan 2021

Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.

ASK AJIT: Stocks to hold or exit

ASK AJIT: Stocks to hold or exit

Rediff.com8 Dec 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Scrapping vehicles in volumes to curb pollution will be a tough task

Scrapping vehicles in volumes to curb pollution will be a tough task

Rediff.com6 May 2021

For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.

How Modi's anti-corruption drive has helped

How Modi's anti-corruption drive has helped

Rediff.com10 Oct 2017

Rapid rise in disposal of corruption cases against govt employees has helped

Google tax: India likely to face US trade action

Google tax: India likely to face US trade action

Rediff.com20 Jul 2020

The US launched an investigation, focusing on whether the tax in India and other countries discriminated against American companies, were retroactive, and reflected unreasonable tax policy.

J-K political detenues shifted to MLA hostel amid manhandling claim

J-K political detenues shifted to MLA hostel amid manhandling claim

Rediff.com18 Nov 2019

According to the officials privy to the development, Centaur Hotel, owned by the Indian Tourism Development Corporation (ITDC), has submitted a bill of nearly Rs 3 crore to the home department for over 100 days of boarding and lodging of the detenues.

Pak govt takes control of Jaish headquarters amid global pressure

Pak govt takes control of Jaish headquarters amid global pressure

Rediff.com22 Feb 2019

A statement issued by the Interior Ministry also said the crackdown on Jaish 'has been taken in line with the decision of the NSC meeting'.

Divestment department gets a fancy name 'Dipam' but wings clipped

Divestment department gets a fancy name 'Dipam' but wings clipped

Rediff.com2 Mar 2016

The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.

Why global markets are feeling tremors from China's meltdown

Why global markets are feeling tremors from China's meltdown

Rediff.com25 Aug 2015

The WTO toolkit provides various instruments to deal with such situations - anti-dumping duties, countervailing duties and safeguard measures.

Sensex ends up 146 points on coal sector reforms

Sensex ends up 146 points on coal sector reforms

Rediff.com21 Oct 2014

Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.

Lockdown puts question mark over corporate results

Lockdown puts question mark over corporate results

Rediff.com20 Apr 2020

Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.

Have faith in me: PM assures Assam on citizenship bill

Have faith in me: PM assures Assam on citizenship bill

Rediff.com12 Dec 2019

PM Modi's assurance came against the backdrop of violent protests against the CAB.

Raghuram Rajan: A victim of dirty politics

Raghuram Rajan: A victim of dirty politics

Rediff.com21 Jun 2016

Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.

Rupee logs biggest drop in 2 months

Rupee logs biggest drop in 2 months

Rediff.com27 May 2014

Month end dollar demand from oil importers has forced rupee to trade weak.

Black money: ED summons bullion trader Pankaj Lodhiya

Black money: ED summons bullion trader Pankaj Lodhiya

Rediff.com14 Nov 2014

The Enforcement Directorate (ED) has summoned Rajkot-based bullion trader Pankaj Lodhiya, whose name figured in the list of black money holders submitted by the government to the Supreme Court, to probe if he was involved in hawala trade.

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Rediff.com13 Mar 2015

The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.

Retail inflation dips to 19-month low of 2.5% in Jan

Retail inflation dips to 19-month low of 2.5% in Jan

Rediff.com12 Feb 2019

Fruits, vegetables and eggs continued to witness deflationary trend during January this year, with their prices declining 4.18 per cent, 13.32 per cent and 2.44 per cent, respectively.

Foreign envoys in Kashmir to study situation on ground

Foreign envoys in Kashmir to study situation on ground

Rediff.com17 Feb 2021

A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.

Adani wants Aussie law to restrain greens from opposing coal mine

Adani wants Aussie law to restrain greens from opposing coal mine

Rediff.com7 Dec 2015

Adani's $15-billion Carmichael coal mine is stuck since 2010.

Why markets jumped 70% in 8 months

Why markets jumped 70% in 8 months

Rediff.com24 Nov 2020

And why markets could give up 25 per cent of all these gains made since March 2020

Aadhaar: Private entities can't store individuals' data anymore

Aadhaar: Private entities can't store individuals' data anymore

Rediff.com3 Jan 2019

The amendment says that UIDAI can now give directions as it may consider necessary to any entity in the Aadhaar ecosystem

Country is under undeclared emergency: Yashwant Sinha

Country is under undeclared emergency: Yashwant Sinha

Rediff.com9 May 2018

Sinha said the data on economic growth put out by the Central government cannot be trusted.

Funds swindled by Nirav Modi could be much higher

Funds swindled by Nirav Modi could be much higher

Rediff.com13 Dec 2019

Only 40 per cent of the forensic information required was made available by PNB and as such, there is no way that one can put a cap on the total value of LoUs issued. He is the second Indian to be declared a fugitive economic offender, after liquor baron Vijay Mallya.

Jaitley welcomes Panama expose, says none will be spared

Jaitley welcomes Panama expose, says none will be spared

Rediff.com4 Apr 2016

Jaitley said, "I welcome this investigation. I think it is a healthy step that these kind of exposes are being made. I have been repeatedly saying that the world is now going to increasingly become more transparent, countries are cooperating with each other and slowly all this information is going to come out as a result of various global initiatives which have been launched."

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

China hails Modi victory. This is why

China hails Modi victory. This is why

Rediff.com23 May 2019

There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.

'As a manager, Rajan hasn't been very good for the RBI'

'As a manager, Rajan hasn't been very good for the RBI'

Rediff.com18 Jun 2016

'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.

Demonetisation: Opposition deposits ire in Rajya Sabha

Demonetisation: Opposition deposits ire in Rajya Sabha

Rediff.com16 Nov 2016

Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.

Passenger sues Air India for personal data breach: What happens now?

Passenger sues Air India for personal data breach: What happens now?

Rediff.com14 Jul 2021

Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.

Kashmir and Palestine: A similar story

Kashmir and Palestine: A similar story

Rediff.com11 Dec 2020

The people in both places have lived in a state of denial, refusing to accept the bald fact that resorting to violence against an infinitely superior force is suicidal, observes T N Ninan.

Raids in ministries exposes racket of selling documents to corporates

Raids in ministries exposes racket of selling documents to corporates

Rediff.com12 Mar 2015

6 locations in New Delhi and 2 in Mumbai were raided.

SC ruling on individual guarantors brings top industrialists under IBC ambit

SC ruling on individual guarantors brings top industrialists under IBC ambit

Rediff.com22 May 2021

The verdict, upholding Centre's November 15, 2019, notification bringing personal guarantors of corporate debtors under the net of the IBC, assumes significance in view of the fact that various high-profile industrialists may now face insolvency proceedings along with their debt-ridden firms under the IBC.

Brexit: What India's business leaders have to say

Brexit: What India's business leaders have to say

Rediff.com24 Jun 2016

What will be the impact on the Euro itself? Will it devalue and to what extent?

Pakistan Can't Use Taliban to Threaten India

Pakistan Can't Use Taliban to Threaten India

Rediff.com3 Sep 2021

India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.

Sonia, Shinde visit Mahabodhi temple

Sonia, Shinde visit Mahabodhi temple

Rediff.com10 Jul 2013

Congress President Sonia Gandhi and Union Home Minister Sushil Kumar Shinde on Wednesday visited the Mahabodhi temple at Bodh Gaya which was rocked by multiple explosions on Sunday.

What economists and FM Sitharaman discussed in pre-Budget meet

What economists and FM Sitharaman discussed in pre-Budget meet

Rediff.com17 Jun 2019

Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.

India likely to get a booster on crude oil and trade fronts

India likely to get a booster on crude oil and trade fronts

Rediff.com15 Jul 2015

With Iran reaching an agreement on its nuclear programme, India is expected to be one of the major gainers.

Centre, EC take contrary stands in SC on electoral bonds

Centre, EC take contrary stands in SC on electoral bonds

Rediff.com10 Apr 2019

'Secrecy allowed in the electoral bonds scheme legalises anonymity'

Average inflation dips to 6-yr low of 3.3% in 2017-18: Survey

Average inflation dips to 6-yr low of 3.3% in 2017-18: Survey

Rediff.com29 Jan 2018

The decline in inflation was broad-based across major commodity groups except housing and fuel and light.