News for 'Central Bank Governance Group'

Farewell, AVR

Farewell, AVR

Rediff.com26 Feb 2018

One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.

India reports 4th coronavirus death; Total up to 173

India reports 4th coronavirus death; Total up to 173

Rediff.com19 Mar 2020

As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.

Curious case of the firm that handles 'Get PSB loans in 59 mins'

Curious case of the firm that handles 'Get PSB loans in 59 mins'

Rediff.com30 Dec 2018

Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.

RBI issues draft charter of customer rights

RBI issues draft charter of customer rights

Rediff.com23 Aug 2014

No discrimination on basis of gender, age, religion, caste and physical ability.

Rel Cap, HSBC break SBI monopoly as PF manager

Rel Cap, HSBC break SBI monopoly as PF manager

Rediff.com29 Jul 2008

The monopoly of the state-owned State Bank of India in managing provident fund totalling about Rs 2.5 lakh crore (Rs 2.5 trillion) on Tuesday ended with government allowing three private players including ICICI and HSBC a piece of the cake.

8 SIMI men shot dead in encounter hours after daring jailbreak

8 SIMI men shot dead in encounter hours after daring jailbreak

Rediff.com31 Oct 2016

The eight terrorists had escaped from the Central Jail in Bhopal in the wee hours, killing a security guard and scaling the prison wall with the help of bed sheets, following which some officials responsible for jail security have been suspended.

India in SCO: Opportunities and challenges

India in SCO: Opportunities and challenges

Rediff.com22 Jun 2016

It is important the SCO focus strongly on economic development and regional integration that leads to greater benefits for the least developed regions of member-countries, writes Sana Hashmi.

Possible we are not growing at 7 pc: Raghuram Rajan

Possible we are not growing at 7 pc: Raghuram Rajan

Rediff.com26 Mar 2019

Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".

In Chennai, Rs 10 crore in new notes, 127 kg of gold unearthed

In Chennai, Rs 10 crore in new notes, 127 kg of gold unearthed

Rediff.com9 Dec 2016

The seizure occurred during raids at eight premises of a group engaged in sand mining in Tamil Nadu.

The Huge Bihar Scam: Rs 1,000 crore and counting

The Huge Bihar Scam: Rs 1,000 crore and counting

Rediff.com3 Sep 2017

The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.

'Contemplated travelling to Kabul airport dressed as an Afghan'

'Contemplated travelling to Kabul airport dressed as an Afghan'

Rediff.com21 Aug 2021

'Afghanistan is a beautiful country but has no luck as far as lasting peace is concerned'

Mr Mallya's case is only the tip of the iceberg

Mr Mallya's case is only the tip of the iceberg

Rediff.com18 Mar 2016

The clean-up process begun by the Reserve Bank of India runs the risk of spiralling out of control.

Setback for Adani; Queensland vetoes $900 mn loan proposal

Setback for Adani; Queensland vetoes $900 mn loan proposal

Rediff.com12 Dec 2017

The Adani group had applied for the Northern Australia Infrastructure Facility loan for building the 388-km rail line to connect the Carmichael coal mine to the sea port.

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Rediff.com18 Nov 2016

Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.

In LoP absence, govt starts CVC appointment process

In LoP absence, govt starts CVC appointment process

Rediff.com21 Jul 2014

While Lok Sabha Speaker is yet to decide on Leader of Opposition, the Centre on Monday went ahead with the process of appointment of Central Vigilance Commissioner and sought nominations of eligible candidates from all secretaries.

Markets riding for a fall unless budget delivers

Markets riding for a fall unless budget delivers

Rediff.com25 Feb 2015

India is Asia's third-best performing equity market.

LSE, Deutsche Borse set to create world's biggest exchange

LSE, Deutsche Borse set to create world's biggest exchange

Rediff.com17 Mar 2016

If it goes ahead, the combination would create the world's biggest exchange by revenue.

India can grow at 10% if reforms continue to kick in: Mark Mobius

India can grow at 10% if reforms continue to kick in: Mark Mobius

Rediff.com3 Jun 2016

Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing

Sitaram Yechury compares Sabarimala protests to Babri demolition

Sitaram Yechury compares Sabarimala protests to Babri demolition

Rediff.com19 Oct 2018

Why not triple talaq line to Sabarimala, Yechury asks Centre

How India can become a world power

How India can become a world power

Rediff.com8 Apr 2019

'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'

The visionary who made Indian IT industry global

The visionary who made Indian IT industry global

Rediff.com7 Dec 2020

One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.

Greek PM keeps lid on party rebellion to pass bailout vote

Greek PM keeps lid on party rebellion to pass bailout vote

Rediff.com23 Jul 2015

The legislation passed with 230 votes in the 300-seat chamber.

State of economy: Glass half-empty or half-full?

State of economy: Glass half-empty or half-full?

Rediff.com14 Nov 2017

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.

Can terms of reference of Finance Commissions be changed?

Can terms of reference of Finance Commissions be changed?

Rediff.com9 May 2018

With the creation of the state of Telangana, additions were made to ToRs of the 14th Finance Commission to make recommendations for the newly created states after the reorganisation of Andhra Pradesh.

NCLAT orders liquidation of Amtek Auto

NCLAT orders liquidation of Amtek Auto

Rediff.com16 Aug 2019

Amtek Auto was among the first list of 12 companies which were referred by the RBI in 2017 to respective banks for initiation of insolvency process for defaults.

I am being hunted, will not speak to the media, says Vijay Mallya

I am being hunted, will not speak to the media, says Vijay Mallya

Rediff.com13 Mar 2016

Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts

Few lessons economies must learn from global crisis

Few lessons economies must learn from global crisis

Rediff.com1 Oct 2015

The World War I had been triggered by an assassination in then relatively unknown Serbia.

Top moments from the week gone by

Top moments from the week gone by

Rediff.com20 Apr 2015

Here's a collection of some of the best photos, taken last week, from around the globe.

FATF condemns Pulwama attack; says Pak failed to curb terror finance

FATF condemns Pulwama attack; says Pak failed to curb terror finance

Rediff.com22 Feb 2019

The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies

WEF Davos to host 40 govt heads; India to have strong presence

WEF Davos to host 40 govt heads; India to have strong presence

Rediff.com15 Jan 2014

Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.

Bulls to give a thumbs up to BJP's election victory

Bulls to give a thumbs up to BJP's election victory

Rediff.com20 Oct 2014

Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.

India's fiscal policy has to become more conservative

India's fiscal policy has to become more conservative

Rediff.com9 Mar 2016

India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.

Why did Nirmalaji deviate from fiscal deficit target?

Why did Nirmalaji deviate from fiscal deficit target?

Rediff.com21 Feb 2020

The government should have mentioned clearly the specific structural reforms that were responsible for the deviation from the fiscal deficit target by half a percentage point, says A K Bhattacharya.

Is North Korea behind ransomware attack?

Is North Korea behind ransomware attack?

Rediff.com16 May 2017

PIO finds similarities between WannaCry code and other tools created by Lazarus Group in the past.

Post note ban, separatists and Maoists feel 'fund-starved', says Jaitley

Post note ban, separatists and Maoists feel 'fund-starved', says Jaitley

Rediff.com20 Aug 2017

Union Finance Minister Arun Jaitley today said demonetisation left Maoists in many parts of India and separatists in Jammu and Kashmir "fund starved".

Inflation makes a big hole in consumers' pockets

Inflation makes a big hole in consumers' pockets

Rediff.com27 Dec 2019

Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.

NDA MP: 'The farmer is extremely furious'

NDA MP: 'The farmer is extremely furious'

Rediff.com10 Jun 2017

'The farmer is furious because the MP government is trying to crush their agitation violently.' 'Such actions will have nation-wide repercussions.' 'Why this drama (Shivraj Chouhan's fast) after violently crushing the farmers' agitation?' 'He should resign immediately.'

Vijay Mallya: The reluctant poster boy of bad debt

Vijay Mallya: The reluctant poster boy of bad debt

Rediff.com8 Mar 2016

Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support

Survey cheers markets; Sensex ends 179 points higher

Survey cheers markets; Sensex ends 179 points higher

Rediff.com26 Feb 2016

The Survey shows fiscal consolidation despite slowdown in growth.

CBI raids Prannoy Roy's properties in 4 locations, 'witch-hunt' says NDTV

CBI raids Prannoy Roy's properties in 4 locations, 'witch-hunt' says NDTV

Rediff.com5 Jun 2017

The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.