News for 'European Central Bank'

America's toughest ever sanctions on Iran come into force

America's "toughest ever" sanctions on Iran come into force

Rediff.com5 Nov 2018

The sanctions have a singular purpose, denying the world's largest state sponsor of terrorists the capacity to do things like they did this past couple weeks, attempted assassination campaign in the heart of Europe, said US Secretary of State Mike Pompeo.

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.

Pay hike for government staff: What impact it will have on the economy

Pay hike for government staff: What impact it will have on the economy

Rediff.com29 Jun 2016

Experts said the higher pay out will boost consumption demand.

With a British adieu to EU, it's farewell to a Fed rate hike for now

With a British adieu to EU, it's farewell to a Fed rate hike for now

Rediff.com24 Jun 2016

Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week

The world's worst natural disasters in 2018

The world's worst natural disasters in 2018

Rediff.com31 Dec 2018

The world endured bushfires, drought, tsunamis and earthquakes in 2018.

Euro 2016: French floods, strikes cast pall over tournament

Euro 2016: French floods, strikes cast pall over tournament

Rediff.com5 Jun 2016

The swollen Seine receded on Sunday, but between flood damages, strikes and terror fears, France was firmly stuck in the doldrums just five days before the Euro football tournament. Thick grey clouds hung over Paris as the muddy Seine slowly inched back from a three-decade high that saw it burst its banks in places, forcing the Louvre and Orsay museums to shut their doors to evacuate priceless works. But while crowds thronged to photograph the river -- Paris's star attraction this weekend -- residents in nearby towns picked through their devastated homes, with insurers estimating damages of at least 600 million euros ($681 million). Several towns remained on alert after the floods left four people dead in the Paris region this week, and over 11,000 homes were without electricity. In Paris several metro stations remained shut as a precaution.

Markets at 2-year high, Sensex reclaims 29K peak

Markets at 2-year high, Sensex reclaims 29K peak

Rediff.com6 Mar 2017

The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.

Volatility is the new normal for Indian equities

Volatility is the new normal for Indian equities

Rediff.com27 Jun 2016

The derivatives expiry on Thursday is also expected to add to the volatility.

Trump fear forces old enemies to thaw ties

Trump fear forces old enemies to thaw ties

Rediff.com30 Oct 2018

'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.

Nirav Modi extradition request submitted to UK authorities

Nirav Modi extradition request submitted to UK authorities

Rediff.com4 Aug 2018

If the absconding jeweller is traced in Britain, the extradition request to the UK government could follow a similar course as the case of embattled liquor tycoon Vijay Mallya

Why did 17 million Indians leave India last year?

Why did 17 million Indians leave India last year?

Rediff.com13 Nov 2018

When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.

Energy, health care sectors gain from Modi's UK visit

Energy, health care sectors gain from Modi's UK visit

Rediff.com15 Nov 2015

Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.

Mallya consults 'formidable' lawyer to defend him

Mallya consults 'formidable' lawyer to defend him

Rediff.com15 May 2017

Award-winning lawyer, Claire Montgomery, the Queen's Counsel, is likely to fight the Indian government's attempt to extradite him to India.

Sensex ends in green amid volatility; FMCG gains, metals slip

Sensex ends in green amid volatility; FMCG gains, metals slip

Rediff.com16 Jun 2015

Sensex in green in afternoon trade.

India still remains on Mark Mobius' 'buy list'

India still remains on Mark Mobius' 'buy list'

Rediff.com27 Aug 2015

'We want to make sure we stay in India and we have very high hopes from India,' says Mark Mobius.

'There will be a drastic drop with the lockdown'

'There will be a drastic drop with the lockdown'

Rediff.com27 Mar 2020

'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'

Why Modi sarkar must first push reforms in NDA-ruled states

Why Modi sarkar must first push reforms in NDA-ruled states

Rediff.com21 Aug 2015

The better performing states throw up more employment opportunities including at unskilled levels.

How India paid the price for 'EPW types'

How India paid the price for 'EPW types'

Rediff.com30 Sep 2016

Had it not been for the intellectual dominance and political legitimacy of the Leftist philosophy since 1970, would EPW have become what it did? After all, there were other more established journals around then, says T C A Srinivasa-Raghavan.

Two Americas football bosses arrested as FIFA corruption scandal deepens

Two Americas football bosses arrested as FIFA corruption scandal deepens

Rediff.com3 Dec 2015

Switzerland's Federal Office of Justice (FOJ) named the men as Alfredo Hawit of Honduras, acting president of the CONCACAF federation and a FIFA vice-president, and Juan Angel Napout of Paraguay, head of the South American football federation CONMEBOL. CONCACAF administers football in North and Central America and the Caribbean.

Markets end lower on May F&O expiry; Sensex sheds 58 points

Markets end lower on May F&O expiry; Sensex sheds 58 points

Rediff.com28 May 2015

Sensex eneded lower on poor perfromance by financials and IT stocks.

Battle of Malegaon: The Maratha army's Muslim Heroes

Battle of Malegaon: The Maratha army's Muslim Heroes

Rediff.com10 Apr 2018

At the Battle of Malegaon, Muslim soldiers in the Maratha army defied the British army for a full month when they had no hope of victory as the Chhatrapati and Peshwa had already surrendered.

Fire ravages Notre Dame cathedral, spire collapses

Fire ravages Notre Dame cathedral, spire collapses

Rediff.com16 Apr 2019

The fire sent flames and huge clouds of grey smoke billowing into the Paris sky as stunned Parisians and tourists watched on in sheer horror.

Modi's majority rule is no better than a coalition. Here's why

Modi's majority rule is no better than a coalition. Here's why

Rediff.com25 Oct 2018

It is worth reconsidering if this fascination with either having a single party majority or Modi's leadership or, indeed, both, is such a great idea for India, says Udit Misra.

Can India crack the Russian market?

Can India crack the Russian market?

Rediff.com28 Dec 2014

Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport

PM Modi to address opening plenary @WEF

PM Modi to address opening plenary @WEF

Rediff.com16 Jan 2018

The keynote address will be given by United States President Donald Trump

Equity raising? India Inc in wait-and-watch mode for now

Equity raising? India Inc in wait-and-watch mode for now

Rediff.com29 Oct 2014

Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.

Sushma Swaraj in Iran with an aim to boost ties

Sushma Swaraj in Iran with an aim to boost ties

Rediff.com16 Apr 2016

India has been eyeing deeper energy ties with Iran and has already lined up $20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.

Volkswagen chief faces grilling by board over diesel scandal

Volkswagen chief faces grilling by board over diesel scandal

Rediff.com23 Sep 2015

Volkswagen is under huge pressure to act, with its shares down more than a third in value since the crisis broke, and the bad news still coming.

Dealing with North Korea: What are the world's options?

Dealing with North Korea: What are the world's options?

Rediff.com24 Jul 2017

After Pyongyang tests a missile potentially capable of reaching the US, Dr Rajaram Panda explores the realistic -- and peaceful -- options before Donald Trump and the international community at large.

How time and again India managed to come out of financial crisis

How time and again India managed to come out of financial crisis

Rediff.com19 Sep 2015

Though Narendra Modi doesn't know it, he is a victim of this deep-rooted infection.

Make in India? It's tough, say steel manufacturers

Make in India? It's tough, say steel manufacturers

Rediff.com24 Apr 2015

The country imported 9.31 million tonnes (mt) of steel in FY15.

TOP moments of the week that was

TOP moments of the week that was

Rediff.com15 Jun 2015

Here's a glimpse of all that happened around the world last week.

Football Briefs: Giggs named Wales manager

Football Briefs: Giggs named Wales manager

Rediff.com15 Jan 2018

News of all that's transpired on and off the football field

How to save democracy from Facebook

How to save democracy from Facebook

Rediff.com7 Apr 2018

All the fixes require either the enactment of a data-protection law, or the amendment of our existing competition law. This can take many years. However, there is an opportunity for the government to act immediately if it wishes to, says Sunil Abraham.

SHOCKING! Aadhaar gives OUR personal info to foreign firms

SHOCKING! Aadhaar gives OUR personal info to foreign firms

Rediff.com18 Feb 2018

'The most valuable personal sensitive information of present and future citizens has been made available to foreign data firms and governments and non-State actors for all time to come,' says Gopal Krishna.

The 'foreign hand' in India's election 2019

The 'foreign hand' in India's election 2019

Rediff.com27 Mar 2019

How will the Modi Sarkar's likely return affect other nations?

Weak oil dictates mutual fund winners and losers in 2014

Weak oil dictates mutual fund winners and losers in 2014

Rediff.com16 Jan 2015

Investors attribute some of the growth in Indian stocks, that saw Bombay's benchmark BSE index rise nearly a third in 2014, to the election of a pro-business government in May, under Prime Minister Narendra Modi.

'Recovery could be a couple of quarters away'

'Recovery could be a couple of quarters away'

Rediff.com13 Dec 2017

'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'

Investment advice from a Guru

Investment advice from a Guru

Rediff.com29 Oct 2018

'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'

Why US won't declare Pak a 'terrorist State'

Why US won't declare Pak a 'terrorist State'

Rediff.com14 Aug 2017

The question really is whether the US can be persuaded to embark on a path of calibrated and stronger sanctions on Pakistan.