News for 'Indian Bank Aims'

Sino-India disengagement in eastern Ladakh complete: Rajnath

Sino-India disengagement in eastern Ladakh complete: Rajnath

Rediff.com21 Feb 2021

The country will not allow any "unilateral action" on its border and will pay any cost to thwart such attempts, he told the Bharatiya Janata Yuva Morcha's state conference.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

Moody's slashes India's 2020 GDP growth to 2.5%

Moody's slashes India's 2020 GDP growth to 2.5%

Rediff.com27 Mar 2020

Moody's Investors Service on Friday slashed its estimate of India's GDP growth during the 2020 calendar year to 2.5 per cent from an earlier estimate of 5.3 per cent, on account of the rising economic cost of the coronavirus pandemic.

How the BJP has CHANGED India

How the BJP has CHANGED India

Rediff.com27 Aug 2021

Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.

PM releases Rs 20,946 cr for farmers under PM-KISAN

PM releases Rs 20,946 cr for farmers under PM-KISAN

Rediff.com2 Jan 2022

Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per year is provided to the eligible farmer families, payable in three equal installments of Rs 2,000. The PM-KISAN scheme was announced in the February 2019 Budget.

PM transfers Rs 19,500 cr to nearly 10 cr farmers under PM-KISAN

PM transfers Rs 19,500 cr to nearly 10 cr farmers under PM-KISAN

Rediff.com9 Aug 2021

Under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Centre provides an annual financial benefit of Rs 6,000 to eligible beneficiary farmers in three equal four-monthly installments of Rs 2,000 each.

India, China agree to talk to achieve complete disengagement

India, China agree to talk to achieve complete disengagement

Rediff.com25 Jun 2021

India and China on Friday agreed to hold the next round of military talks at an early date to achieve the objective of complete disengagement in remaining friction points in eastern Ladakh amid fresh sparring between the two sides on the prolonged Line of Actual Control (LAC) standoff.

Thousands join 'Run to the moon' in aid of Covid-hit coaches, support staff

Thousands join 'Run to the moon' in aid of Covid-hit coaches, support staff

Rediff.com25 Jun 2020

As many as 14,000 runners from across 15 countries will be lining up to take part in a nearly month-long initiative to raise funds for coaches and support staff in various sports amid the COVID-19 pandemic, the organisers said on Thursday. Championed by celebrated national badminton coach Pullela Gopichand, and Arjuna Awardees Ashwini Nachappa and Malathi Holla, 'Run to the Moon' will conclude on July 21 to coincide with the 51st anniversary of man's first landing on the moon.

New tax portal a mess, why change during ITR filing time, says Tharoor

New tax portal a mess, why change during ITR filing time, says Tharoor

Rediff.com6 Jul 2021

Senior Congress leader Shashi Tharoor on Tuesday attacked the Centre over the glitches in the new income tax portal, alleging that even after spending Rs 4,200 crore on it, the government had "failed" to make it user-friendly and created a "mess" instead.

Companies with turnover up to Rs 400 cr now in 25% tax bracket

Companies with turnover up to Rs 400 cr now in 25% tax bracket

Rediff.com5 Jul 2019

Finance Minister Nirmala Sitharaman said: "This will cover 99.3 per cent of the companies. Now only 0.7 per cent of companies will remain outside this rate."

G20: Modi presents '5-I vision' to use tech for social benefit

G20: Modi presents '5-I vision' to use tech for social benefit

Rediff.com28 Jun 2019

Addressing a G20 Summit session, Modi also presented his '5-I' vision to maximise digital technology for social benefit.

It's official: Ola will go for IPO in next few years

It's official: Ola will go for IPO in next few years

Rediff.com4 Mar 2020

The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.

CEOs want strict safety norms, not lockdown to tackle Covid surge

CEOs want strict safety norms, not lockdown to tackle Covid surge

Rediff.com19 Apr 2021

Partial lockdown measures may impact movement of labour & goods, they say.

Why Voda Idea's options for survival are narrowing

Why Voda Idea's options for survival are narrowing

Rediff.com14 Jul 2021

Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.

WTC Final: 5 Reasons Why India Lost

WTC Final: 5 Reasons Why India Lost

Rediff.com24 Jun 2021

What went wrong for India in the World Test Championship Final against New Zealand?

'Politicians look at bankers as villains'

'Politicians look at bankers as villains'

Rediff.com29 May 2018

'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'

India made max requests to foreign financial intel agencies in '18-'19

India made max requests to foreign financial intel agencies in '18-'19

Rediff.com24 Jul 2020

The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.

All eyes on Uttar Pradesh, even Paytm's

All eyes on Uttar Pradesh, even Paytm's

Rediff.com4 Jan 2017

The firm chooses UP for payments bank launch in February. Karan Choudhury reports.

Indian consumers respond to softer oil, food prices

Indian consumers respond to softer oil, food prices

Rediff.com22 Oct 2014

For now, the upside appears to offset damage done to exports by weaker global demand.

Heard of Moglix, little Indian company that has Alibaba in its sights?

Heard of Moglix, little Indian company that has Alibaba in its sights?

Rediff.com4 Aug 2017

The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.

India is home to 1/3rd of the world's poor: IMF

India is home to 1/3rd of the world's poor: IMF

Rediff.com9 Oct 2014

These figures are based on purchasing power parity of 2005.

Spot the difference between Indian taxmen and their global peers

Spot the difference between Indian taxmen and their global peers

Rediff.com20 Apr 2015

India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.

What India Inc says about Budget 2022

What India Inc says about Budget 2022

Rediff.com2 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?

Chanda Kochhar contests bonus clawback, ESOP termination

Chanda Kochhar contests bonus clawback, ESOP termination

Rediff.com20 May 2019

Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.

CBI lodges fresh FIR against Nirav Modi, approaches Interpol

CBI lodges fresh FIR against Nirav Modi, approaches Interpol

Rediff.com17 Feb 2018

The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.

Demonetisation poll: Have you gone cashless?

Demonetisation poll: Have you gone cashless?

Rediff.com8 Nov 2017

Take the poll and let us know!

Rs 50K to 20 crores: 5 govt friendly funding schemes for women

Rs 50K to 20 crores: 5 govt friendly funding schemes for women

Rediff.com6 Mar 2019

Did you know that women can avail for a loan of upto Rs 20 crores to set up a manufacturing business?

India Inc pitches for rate cut to prop up growth

India Inc pitches for rate cut to prop up growth

Rediff.com17 Jan 2019

CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.

Markets fall for 8th straight session; Tata Steel cracks 6%

Markets fall for 8th straight session; Tata Steel cracks 6%

Rediff.com10 May 2019

Other losers included HCL Tech, Yes Bank, IndusInd Bank, TCS, ONGC, Bajaj Finance, PowerGrid, Vedanta, Asian Paints, NTPC and Hero MotoCorp, which shed up to 4.07 per cent.

Why India's forex kitty is all set to swell

Why India's forex kitty is all set to swell

Rediff.com24 Apr 2019

Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.

Utility debts threaten Modi's power-for-all drive

Utility debts threaten Modi's power-for-all drive

Rediff.com13 Sep 2015

Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.

Can the Taliban Survive?

Can the Taliban Survive?

Rediff.com3 Sep 2021

The US intends first to cripple the Afghan government financially through sanctions, freezing of assets, denial of access to international banking, etc, and then proceed to do pretty much what it wants to do with scant regard for Afghanistan's sovereignty, predicts Ambassador M K Bhadrakumar.

'Economy is not bad as it was during the first wave'

'Economy is not bad as it was during the first wave'

Rediff.com11 Jun 2021

'While there has been an impact on economic activity, it is not as profound as the lockdown last year.'

'An assault on the common man': Rahul targets PM on DeMo

'An assault on the common man': Rahul targets PM on DeMo

Rediff.com30 Aug 2018

The Congress president said the PM should apologise for the note ban decision.

Code for India: A venture designed to help Indians

Code for India: A venture designed to help Indians

Rediff.com16 Aug 2013

An Indian American Silicon Valley entrepreneur has launched a unique initiative designed to get techies to volunteer their time to develop software and applications that will benefit people in India and other developing countries.

'Modi has wasted his time with religious things'

'Modi has wasted his time with religious things'

Rediff.com16 Jan 2020

'Outside investors don't want to get tangled up in a religious war.'

Arch of world's highest railway bridge on Chenab river in J-K completed

Arch of world's highest railway bridge on Chenab river in J-K completed

Rediff.com5 Apr 2021

The 1.3-kilometre-long bridge aims to boost connectivity to the Kashmir Valley and it is being constructed at a cost of Rs 1,486 crore as part of the Udhampur-Srinagar-Baramulla Railway Link project

US Is Back In Business In Afghanistan

US Is Back In Business In Afghanistan

Rediff.com13 Oct 2021

Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.

This is the next battleground for PhonePe, Amazon and Google

This is the next battleground for PhonePe, Amazon and Google

Rediff.com10 Oct 2020

The size of the Indian financial services market could touch around $340 billion in the next few years.

Adani's ambitious plans for Mumbai airport

Adani's ambitious plans for Mumbai airport

Rediff.com3 Sep 2020

Adani said he expected the number of flyers in the country to grow five-fold, which means India would require 200 additional airports to handle over 1 billion domestic and international passengers across the tier-1, -2 and -3 cities.