News for 'Foreign Exchange Crisis'

UK panel calls for India-Pakistan dialogue on Kashmir

UK panel calls for India-Pakistan dialogue on Kashmir

Rediff.com8 Nov 2019

"The political stars never quite aligned but a solution similar to the Northern Ireland Good Friday Agreement, with a soft border allowing locals to travel freely from one part of Kashmir to the other, will have to be the outcome of any peaceful solution," he noted.

Dump Masood Azhar project. Get real!

Dump Masood Azhar project. Get real!

Rediff.com14 Mar 2019

'A sense of purpose is lacking in India's diplomacy.' 'This is what happens when foreign policy becomes the stuff for grandstanding before the domestic audience,' says Ambassador M K Bhadrakumar.

China - Prospects and paradoxes

China - Prospects and paradoxes

Rediff.com8 Sep 2016

No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.

Revealed: Modi's plans for the economy

Revealed: Modi's plans for the economy

Rediff.com3 Aug 2020

he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.

Can PM Imran fix Pakistan?

Can PM Imran fix Pakistan?

Rediff.com18 Aug 2018

'Imran Khan hopes to fulfill the dreams of the founders of of Pakistan in establishing an Islamic Welfare State.' 'The grave situation of the economy makes realisation of this dream very difficult,' points out Colonel R N Ghosh Dastidar (retd).

Did a knee-jerk reaction by brokers trigger Friday's market mayhem?

Did a knee-jerk reaction by brokers trigger Friday's market mayhem?

Rediff.com17 Aug 2013

Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years

4 decades and still shining: How India's romance with gold peaked

4 decades and still shining: How India's romance with gold peaked

Rediff.com22 Sep 2014

Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.

Even Pakistan's growth rate is ahead of India's

Even Pakistan's growth rate is ahead of India's

Rediff.com3 Sep 2019

'Misplaced national priorities have brought the economy to a cul-de-sac,' says Ambassador M K Bhadrakumar.

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Balance of payments: Why we should not be complacent

Balance of payments: Why we should not be complacent

Rediff.com8 Oct 2015

Stability in currency markets was only restored from September.

How India can hurt China without going to war

How India can hurt China without going to war

Rediff.com3 Sep 2020

The time is ripe to extend the confrontation with the Chinese to the maritime domain, says former RA&W officer Krishan Varma.

Why is the stockmarket reacting like this?

Why is the stockmarket reacting like this?

Rediff.com24 Mar 2020

'If the epidemic is sharply contained in a month or two, we have a huge buying opportunity. 'If not, we are staring at a serious economic crisis, the contours of which we are totally unaware of,' warns Debashis Basu.

The battle we are really fighting today is for credibility: Rajan

The battle we are really fighting today is for credibility: Rajan

Rediff.com6 Apr 2016

'We don't know how much the Pay Commission outflow will be.'

Dialogue and terrorism can't happen at the same time

Dialogue and terrorism can't happen at the same time

Rediff.com25 Jul 2019

Pakistan's 'approach is one of getting even, an eye for an eye, or death by a thousand cuts.' 'The entire effort is to be the equal of India. Unfortunately, the reality is that this can never be the case.' 'India will always be the bigger, economically stronger, technologically more self-reliant country.' 'Therein, lies the dilemma Pakistan faces which leads it to perennial enmity with India,' notes Ambassador Gautam Bambawale in the Air Marshal Y V Malse Memorial Lecture 2019.

He helps Indian banks raise money in London

He helps Indian banks raise money in London

Rediff.com26 Aug 2016

In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story

'The next 15 to 20 years are India's decades'

'The next 15 to 20 years are India's decades'

Rediff.com3 Feb 2017

'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'

Why many Indians won't be able to afford air travel

Why many Indians won't be able to afford air travel

Rediff.com29 Mar 2019

'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'

Budget 2019: In a first, India to issue sovereign bonds in global market

Budget 2019: In a first, India to issue sovereign bonds in global market

Rediff.com6 Jul 2019

The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.

Asian Infra Investment Bank: An opportunity for India

Asian Infra Investment Bank: An opportunity for India

Rediff.com1 Apr 2015

China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.

Blinken arrives in India; to discuss various issues with leaders

Blinken arrives in India; to discuss various issues with leaders

Rediff.com27 Jul 2021

Blinken and Indian leaders on Wednesday will discuss a plethora of pressing issues such as the fluid situation in Afghanistan, regional security concerns, COVID-19 response and ways to boost Indo-Pacific engagement, people familiar with the agenda of talks said.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

Don't want Maldives to be another flashpoint, in talks with India: China

Don't want Maldives to be another flashpoint, in talks with India: China

Rediff.com9 Feb 2018

Chinese Foreign Ministry said international community should respect sovereignty and independence of the Maldives.

Modi, Morrison discuss keeping Indo-Pacific rules-based

Modi, Morrison discuss keeping Indo-Pacific rules-based

Rediff.com24 Sep 2021

Prime Minister Narendra Modi has met his Australian counterpart Scott Morrison in Washington, DC, ahead of the first in-person Quad meeting to be hosted by US President Joe Biden and discussed a broad range of issues of bilateral, regional and global importance, including the Indo-Pacific.

India's road map for a $5 trn self-reliant economy

India's road map for a $5 trn self-reliant economy

Rediff.com26 Jun 2020

'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.

Jet finally lands in NCLT as banks give up revival plan

Jet finally lands in NCLT as banks give up revival plan

Rediff.com17 Jun 2019

After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.

Can Modi government defy global challenges?

Can Modi government defy global challenges?

Rediff.com18 May 2015

World trade has been growing slower than world GDP since 2012.

Survey's take on economic challenges

Survey's take on economic challenges

Rediff.com27 Feb 2016

Resolving the TBS challenge comprehensively would require 4 Rs: Recognition, recapitalisation, resolution and reform.

From heroes to bystanders? Central banks' growth challenge

From heroes to bystanders? Central banks' growth challenge

Rediff.com1 Oct 2015

By piling more pressure on governments, central banks risk not accomplishing much and yet provoking a political backlash that could threaten their independence.

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Rediff.com27 Sep 2020

During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.

India may be entering a Goldilocks period

India may be entering a Goldilocks period

Rediff.com3 Apr 2019

'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.

5 economic lessons India can learn from China

5 economic lessons India can learn from China

Rediff.com17 Sep 2014

The biggest lesson China can teach India is that when it comes to sustaining a love affair with investors, nothing works better than an undervalued currency and its by-product: a current-account surplus.

'A smaller version of Kargil might happen'

'A smaller version of Kargil might happen'

Rediff.com22 Jun 2020

'If the situation escalates, then mini-scale firing might happen.'

Why this para athlete is anxious about the future

Why this para athlete is anxious about the future

Rediff.com22 Apr 2020

Sharad Kumar has been training in Ukraine since 2017 in his bid to win a medal at the Tokyo Paralympics, postponed to next year due to the pandemic.

What a Fed rate hike could mean for India

What a Fed rate hike could mean for India

Rediff.com3 Aug 2015

The majority in the markets believe that a September lift-off is likely.

Amitabh, Aishwarya among 500 Indians named in tax leak from Panama law firm

Amitabh, Aishwarya among 500 Indians named in tax leak from Panama law firm

Rediff.com4 Apr 2016

A leak of 11.5 million tax documents has revealed how the rich and powerful use tax havens to hide their wealth.

Why the panic over India, asks economist Paul Krugman

Why the panic over India, asks economist Paul Krugman

Rediff.com23 Aug 2013

The rupee's recent decline is sharp, yes, he says, but the tale would be scary if India was like the Asian crisis countries of 1997-98, or even Argentina in 2001, when large amounts of debt was denominated in foreign currency. According to him, India's percentage of external debt to GDP was around 20

Greece: Conservatives rise to power as Tsipras concedes defeat

Greece: Conservatives rise to power as Tsipras concedes defeat

Rediff.com8 Jul 2019

With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.

What message is Trump sending Imran?

What message is Trump sending Imran?

Rediff.com2 Sep 2018

'The US appears to think that Pakistan is highly vulnerable today due to its economic crisis and one more turn of the screw may bring about desired results,' says Ambassador M K Bhadrakumar.

25 SPECTACULAR frames of Lagaan

25 SPECTACULAR frames of Lagaan

Rediff.com15 Jun 2021

Lagaan's dream run on screen and off it is a much needed reminder of winning against all odds in these pandemic ravaged times, notes Sukanya Verma.

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.