News for 'Department of Currency Management'

Markets end lower after Shanghai Composite cracks over 6%

Markets end lower after Shanghai Composite cracks over 6%

Rediff.com18 Aug 2015

Bank of Baroda ended flat after sharp gains in the previous session.

5 things Jaitley should do in a post-demonetisation Budget

5 things Jaitley should do in a post-demonetisation Budget

Rediff.com25 Jan 2017

Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.

Trump likely to pick Exxon Mobil CEO as his Secretary of State

Trump likely to pick Exxon Mobil CEO as his Secretary of State

Rediff.com11 Dec 2016

Tillerson, is currently on top of the list of Trump's Secretary of State because of his contacts with the world leaders, in particular Russian President Vladimir Putin, media reports said.

For a democracy, Modi's words are ominous

For a democracy, Modi's words are ominous

Rediff.com6 Feb 2017

'Modi followed a prime minister whose second term was marked by such tragic passivity that Indians, it would seem, are willing to go to great pains to help this one realise his ambitions for them.'

How govt plans to curb domestic circulation of black money

How govt plans to curb domestic circulation of black money

Rediff.com23 Nov 2015

The Central Board of Direct Taxes is set to rationalise I-T rules.

Summer stocks for your portfolio

Summer stocks for your portfolio

Rediff.com8 May 2019

Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.

RBI is 80! Milestones of an illustrious journey

RBI is 80! Milestones of an illustrious journey

Rediff.com2 Apr 2015

With a sole mandate of inflation targeting, RBI wears many hats.

Canada's Buffett is Thomas Cook's new travel partner

Canada's Buffett is Thomas Cook's new travel partner

Rediff.com5 Nov 2013

In its latest transition, the company will also double up as an investment vehicle.

Is RBI's forex swapping window actually useful?

Is RBI's forex swapping window actually useful?

Rediff.com4 Sep 2013

RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?

Ministries draw plans to go cashless after PM's diktat

Ministries draw plans to go cashless after PM's diktat

Rediff.com27 Nov 2016

A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments

US economy nearly stalls in Q1 as energy prices bite

US economy nearly stalls in Q1 as energy prices bite

Rediff.com29 Apr 2015

U.S. economic growth braked more sharply than expected in the first quarter.

Will the new RBI governor look at customer issues?

Will the new RBI governor look at customer issues?

Rediff.com29 Aug 2016

The average bank customer does not know about the Customer Charter because it was designed - under Mr Rajan's regime - to be a lame duck initiative from the start: violating the charter has no consequences, points out, Debashis Basu.

Regulating unlisted firms: More teeth for Sebi, but...

Regulating unlisted firms: More teeth for Sebi, but...

Rediff.com27 Nov 2017

Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

Rajan wants clarity on new bank licences by January

Rajan wants clarity on new bank licences by January

Rediff.com22 Aug 2013

The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

Don't leave diplomacy to diplomats

Don't leave diplomacy to diplomats

Rediff.com20 Jan 2014

The perfunctory management of external affairs has left India's foreign policy establishment largely unprepared to manage the consequences of dramatic international developments, says Nitin Pai.

Modi, Obama's new agenda to strengthen Indo-US ties

Modi, Obama's new agenda to strengthen Indo-US ties

Rediff.com6 Oct 2014

The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.

Nifty ends above 8,550 on GST hopes, monsoon

Nifty ends above 8,550 on GST hopes, monsoon

Rediff.com14 Jul 2016

ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.

Dear Mr Modi, Let's focus on IT to transform India!

Dear Mr Modi, Let's focus on IT to transform India!

Rediff.com23 Mar 2016

Information technology, not manufacturing or infrastructure, should be the focus of the government while implementing initiatives such as Make in India and Start Up India.

What China's hiked defence spending means for India

What China's hiked defence spending means for India

Rediff.com23 Mar 2015

'Assuming the official defence allocations represent the true picture, the $142 billion figure still represents a phenomenal increase and surpasses that of Japan ($42 billion), India ($40 billion), South Korea ($33 billion) and several other Asian countries put together and shows that China is flexing its military muscle.'

Modi@1: Running out of luck on the economy

Modi@1: Running out of luck on the economy

Rediff.com21 May 2015

After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.

2 years of Raghuram Rajan: Many hits but some misses, too

2 years of Raghuram Rajan: Many hits but some misses, too

Rediff.com3 Sep 2015

We need a change in mindset, says the RBI Governor.

Few things RBI expects from the Modi government

Few things RBI expects from the Modi government

Rediff.com9 Dec 2014

The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.

Sensex@1-month closing high on Modi's housing push

Sensex@1-month closing high on Modi's housing push

Rediff.com25 Jun 2015

The breadth was neutral with 1,329 advances and 1,320 declines.

PM plans pre-Budget balm for note ban pain

PM plans pre-Budget balm for note ban pain

Rediff.com21 Dec 2016

Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.

UP polls: Parties put on war paint

UP polls: Parties put on war paint

Rediff.com27 Jun 2016

The BJP wants to win a state where it has been out of power for 15 years. The Congress wants to make its mark in a state where it has been a bit player for nearly 30 years. And the BSP wants to recapture power it lost 5 years ago.

Strong reforms must to pull economy out of morass

Strong reforms must to pull economy out of morass

Rediff.com28 Apr 2014

The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.

How India can emerge from the economic slump

How India can emerge from the economic slump

Rediff.com14 Aug 2017

A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.

Kejriwal's principal secretary questioned at CBI headquarters for nine hrs

Kejriwal's principal secretary questioned at CBI headquarters for nine hrs

Rediff.com16 Dec 2015

Delhi Chief Minister Arvind Kejriwal's Principal Secretary Rajendra Kumar was questioned again by the CBI on Wednesday in connection with a corruption case.

'SMEs are badly affected, business is down 50%'

'SMEs are badly affected, business is down 50%'

Rediff.com27 Dec 2016

'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'

'Government of India should penalise Tamil Nadu government for floods'

'Government of India should penalise Tamil Nadu government for floods'

Rediff.com25 Nov 2015

'The Chennai floods in particular clearly show there is a nexus between corruption, disaster, destruction and death.' 'Urban development in India is the source of all corruption.'

Sensex posts best gain in nearly 3 months on better monsoon forecast

Sensex posts best gain in nearly 3 months on better monsoon forecast

Rediff.com25 May 2016

Above normal monsoon forecast and strength in Asian equities lifted sentiments.

Tech partnerships in climate change can make the world a better place

Tech partnerships in climate change can make the world a better place

Rediff.com16 Oct 2015

For existing technologies, unless appropriate financing is available, deployment at scale is difficult.

Companies turn to insurers to cover cyber crime liability

Companies turn to insurers to cover cyber crime liability

Rediff.com20 Jun 2013

Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.

Note ban 'most terrible' decision of Modi government: Chidambaram

Note ban 'most terrible' decision of Modi government: Chidambaram

Rediff.com9 Feb 2017

The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.

Now, mint a fortune from stocks using mobile apps

Now, mint a fortune from stocks using mobile apps

Rediff.com27 Jul 2015

Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.

2018: Year of reckoning for India Inc

2018: Year of reckoning for India Inc

Rediff.com28 Dec 2018

A glance back at some of the important ups and down Indian Inc faced in 2018.

IT: Provide relief from service tax and VAT double taxation

IT: Provide relief from service tax and VAT double taxation

Rediff.com24 Feb 2016

The industry employs about 10 million workforce.

Here come the gold diggers ... again!

Here come the gold diggers ... again!

Rediff.com26 Oct 2013

The Unnao gold hunt is an exercise in softening Hindu sentiments in the bigger dig for votes in Uttar Pradesh in 2014