News for 'Central Bank of Sri Lanka'

Timeline: When cricket was held hostage by terrorism

Timeline: When cricket was held hostage by terrorism

Rediff.com15 Mar 2019

Cricket teams have previously abandoned tours amid outbreaks of violence.

Manorathangal Review: Anatomy of A Visionary Mindscape

Manorathangal Review: Anatomy of A Visionary Mindscape

Rediff.com15 Aug 2024

Through Manorathangal, M T Vasudevan Nair makes himself available to a whole new generation of uninitiated viewers, who can familiarise themselves with his rich body of work and hope to learn a thing or two about life in all its messy grandeur and flawed imperfections, notes Arjun Menon.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Remittances to India likely to see 23% drop: World Bank

Remittances to India likely to see 23% drop: World Bank

Rediff.com23 Apr 2020

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.

Money in Swiss banks: India slips to 74th place

Money in Swiss banks: India slips to 74th place

Rediff.com30 Jun 2019

The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.

The Illusion Of LAC Disengagement

The Illusion Of LAC Disengagement

Rediff.com9 Jul 2024

Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Rediff.com17 Jun 2021

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.

Is our money in the banks safe?

Is our money in the banks safe?

Rediff.com7 Nov 2019

'Clearly, the depositors of cooperative banks need the maximum protection.'

I can't bat like Pujara or Pujara can't bat like me: Shaw

I can't bat like Pujara or Pujara can't bat like me: Shaw

Rediff.com8 Jul 2023

Prithvi Shaw said every run would be very important for him in his endeavour to make a comeback to the Indian team.

Can India trust Gota and the Rajapaksas?

Can India trust Gota and the Rajapaksas?

Rediff.com5 Dec 2019

New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy.

India's economy to shrink by 3.2% in FY21: World Bank

India's economy to shrink by 3.2% in FY21: World Bank

Rediff.com8 Jun 2020

However, the Indian economy is expected to bounce back in 2021, the World Bank said.

PNB fraud raises stink over banks' risk management ability

PNB fraud raises stink over banks' risk management ability

Rediff.com16 Feb 2018

The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved

ADB cuts India's GDP forecast for FY23 to 7%

ADB cuts India's GDP forecast for FY23 to 7%

Rediff.com21 Sep 2022

The Asian Development Bank (ADB) on Wednesday slashed India's GDP growth forecast for FY23 to 7 per cent from the earlier estimate of 7.2 per cent mainly on account of higher inflation and a tight monetary policy. India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in its second supplement to Asian Development Outlook Report 2022 (ADO 2022). "However, GDP growth is revised down from ADO 2022's forecasts to 7 per cent for FY2022 (ending March 2023) and 7.2 per cent for FY2023 (ending March 2024) as price pressures are expected to adversely impact domestic consumption, and sluggish global demand and elevated oil prices will likely be a drag on net exports," ADB said.

Tea Industry On Tenterhooks About Ukraine Conflict

Tea Industry On Tenterhooks About Ukraine Conflict

Rediff.com16 Mar 2022

Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Rahul addresses poll rally in Karnataka's Kolar; targets Adani, Modi

Rahul addresses poll rally in Karnataka's Kolar; targets Adani, Modi

Rediff.com16 Apr 2023

It was in Kolar in 2019, during Lok Sabha election campaigning, that he made a remark on the Modi surname for which he was convicted of criminal defamation and stripped of his Parliament membership last month.

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Rediff.com4 Dec 2023

Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.

How India Can Defend Economy From Global Spillovers

How India Can Defend Economy From Global Spillovers

Rediff.com10 Nov 2023

While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.

Gokarn, Patel, Mohan: Who will be the next RBI chief?

Gokarn, Patel, Mohan: Who will be the next RBI chief?

Rediff.com5 Jul 2016

A committee headed by Patel recommended retail inflation targeting and a monetary policy committee.

Terror plot on US and Israeli missions: NIA takes over case

Terror plot on US and Israeli missions: NIA takes over case

Rediff.com29 Jun 2014

The National Investigation Agency has taken over the probe into the case of alleged hatching of a plot by Pakistan-based terror group to carry out suicide attacks on the US and Israeli consulates in South India.

Plot to target consulates: India seeks Malaysian help

Plot to target consulates: India seeks Malaysian help

Rediff.com17 Aug 2014

India has requested Malaysian authorities to hand over evidence against an arrested accused who was part of a conspiracy to plan and carry out terror strikes allegedly at the behest of ISI on the US and Israeli consulates in the southern part of this country.

'Fate has forced us to grieve'

'Fate has forced us to grieve'

Rediff.com20 Apr 2017

Barely weeks before he turned 22, a young fisherman was shot, allegedly by the Sri Lankan navy.

Buzz continues over Modi-Xi meet on SCO sidelines

Buzz continues over Modi-Xi meet on SCO sidelines

Rediff.com14 Sep 2022

The Shanghai Cooperation Organisation (SCO) will hold its first in-person summit in Samarkand in Uzbekistan on Thursday after two years, shaking off Covid fears and providing a rare opportunity for all its eight heads of state to meet on the sidelines of the event to have face-to-face talks on pressing global and regional issues of common concern.

Sensex, Nifty end lower on global concerns; Midcaps outperform

Sensex, Nifty end lower on global concerns; Midcaps outperform

Rediff.com10 Sep 2015

All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.

Modi @3: The view from the foreign office

Modi @3: The view from the foreign office

Rediff.com25 May 2017

Diplomats agree that amid stormy relations with China and Pakistan, Modi has posted impressive foreign policy successes, notes Aditi Phadnis.

Trump warns India of retaliation if it doesn't allow export of drug

Trump warns India of retaliation if it doesn't allow export of drug

Rediff.com7 Apr 2020

The US president said that he has sought help from Prime Minister Narendra Modi to allow the sale of Hydroxychloroquine tablets ordered by the US to treat the growing number of coronavirus patients in his country, hours after India banned the export of the anti-malarial drug.

India slips 10 spots to 68th on competitiveness index

India slips 10 spots to 68th on competitiveness index

Rediff.com9 Oct 2019

India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).

'RBI won't overcome trust deficit'

'RBI won't overcome trust deficit'

Rediff.com11 Dec 2018

'If Urjit Patel had resigned after the five-state elections results people would have taken a different view. So this was the right time for him to resign.' 'He rightly resigned as he felt the differences with the government were not getting settled.'

'Police is not concerned about why you are agitating'

'Police is not concerned about why you are agitating'

Rediff.com20 Dec 2019

'Human trafficking from Bangladesh is a regular phenomenon and those people come here to work or in search of greener pastures. They are all over the country. We are giving them legal recognition and making them citizens so that they don't have to live in fear,' says R Nataraj, AIADMK MLA from Tamil Nadu.

Will the markets see Santa Claus rally in December?

Will the markets see Santa Claus rally in December?

Rediff.com3 Dec 2015

Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.

Delhi needs govt that supports CAA, says Modi

Delhi needs govt that supports CAA, says Modi

Rediff.com4 Feb 2020

Addressing an election rally in Dwarka three days before the February 8 assembly elections, the prime minister said the national capital also needs a government that will give direction and not resort to blame games.

Markets end flat amid volatility; Nifty reclaims 7,900

Markets end flat amid volatility; Nifty reclaims 7,900

Rediff.com26 Aug 2014

Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.

'Less chances of a Doklam happening now'

'Less chances of a Doklam happening now'

Rediff.com14 May 2018

'Even if such a thing happens, it will not prolong for many days like Doklam did.' 'That is because both the leaders do not want it.'

Don't judge China with a fossilised mindset

Don't judge China with a fossilised mindset

Rediff.com22 Jan 2018

'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.

Cricket World Cup: All you wanted to know about the 14 venues

Cricket World Cup: All you wanted to know about the 14 venues

Rediff.com4 Feb 2015

The 14 grounds that will host matches during the February 14 - March 29 tournament in Australia and New Zealand.

CPEC: How Pakistan is losing out to China

CPEC: How Pakistan is losing out to China

Rediff.com10 Apr 2017

'The accusation that Pakistan risks losing sovereignty to China is emotive and has the potential to spread.' 'China will, however, remain intent on achieving its strategic ambitions of acquiring Gwadar port and securing a large chunk of Pakistan occupied Kashmir,' says former RA&W officer Jayadeva Ranade.

Is India reluctant to take its place in the new world order?

Is India reluctant to take its place in the new world order?

Rediff.com30 Apr 2014

'Crafting a coherent, transparent and consistent policy vis-a-vis our neighbours, leave alone the rest of the world, is unlikely to be high on the priority list of the new Indian government, which will be sworn in before June,' says Ramananda Sengupta.

Rajasthan becomes 3rd state to pass anti-CAA resolution

Rajasthan becomes 3rd state to pass anti-CAA resolution

Rediff.com25 Jan 2020

It is the second Congress-ruled state after Punjab to pass such a resolution. The Rajasthan Assembly passed by voice vote the resolution which also asked the Centre to withdraw the new fields of information proposed to be included in National Population Register (NPR), 2020.

Probe agencies destroying my reputation: Chidambaram

Probe agencies destroying my reputation: Chidambaram

Rediff.com26 Aug 2019

Chidamabaram's counsel told the top court that he is sought by ED to be "vicariously involved" in the INX Media money laundering case as he is the father of Karti Chidambaram, who according to the probe agencies tried to influence the Foreign Investment Promotion Board members.