News for 'Infrastructure Investment Bank'

'We have taught the Chinese some lessons'

'We have taught the Chinese some lessons'

Rediff.com5 Feb 2024

'In Eastern Ladakh the Chinese attempted salami slicing.' 'Our response has been superb. Our military has responded magnificently.'

'Growth has to take place through private investments'

'Growth has to take place through private investments'

Rediff.com13 Mar 2017

'We need to further catalyse economic growth and the government needs to increase revenue,' says G K Agarwal, BJP's national spokesperson on economic affairs.

Renewable energy: Avaada, others up the ante against conglomerates

Renewable energy: Avaada, others up the ante against conglomerates

Rediff.com24 Dec 2023

When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.

Investing provident fund money in PE funds would be a disaster

Investing provident fund money in PE funds would be a disaster

Rediff.com27 Jul 2015

Private-equity funds made an average annual return of just 7 per cent between January 2007 and December 2013 while the Sensex was up 11 per cent.

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Rediff.com9 Jul 2019

Tamal Bandyopadhyay details HDFC Bank's digital journey.

Why Amazon may delay $1-bn investment plans in India

Why Amazon may delay $1-bn investment plans in India

Rediff.com23 Jan 2019

Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.

Jaitley promotes India as an investment hotspot

Jaitley promotes India as an investment hotspot

Rediff.com21 Jan 2015

Finance Minister Arun Jaitley who is in Davos to showcase India as an investment destination at the World Economic Forum (WEF), on Wednesday promised India has a "lot in the pipeline" for global investors even as he plans to take up with Switzerland the issue of black money stashed in banks there.

Why Indian banks face a serious crisis

Why Indian banks face a serious crisis

Rediff.com22 Mar 2016

Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.

Monday Market Crash: Advice For Investors

Monday Market Crash: Advice For Investors

Rediff.com14 Mar 2023

'Such big falls are quite frequent these days, so do not try to time this market.' 'Use big dips to accumulate quality stocks.'

As banks tighten purse strings, NBFCs lure retail investors

As banks tighten purse strings, NBFCs lure retail investors

Rediff.com16 Aug 2019

The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.

Budget's focus is to provide basic amenities to poor, Modi tells BJP

Budget's focus is to provide basic amenities to poor, Modi tells BJP

Rediff.com2 Feb 2022

The focus of the Union Budget is on providing basic amenities to the poor, middle class and youth, Prime Minister Narendra Modi said on Wednesday, and asserted that it is imperative that India becomes self-reliant.

'Govt can sell some firms to recapitalise banks'

'Govt can sell some firms to recapitalise banks'

Rediff.com26 Feb 2016

Last year, the government had announced to infuse Rs 70,000 crore in PSU banks.

Citi, Goldman acquire stake in ICSA India

Citi, Goldman acquire stake in ICSA India

Rediff.com18 Jan 2007

Hyderabad-based ICSA (India) is divesting 14 per cent of its stake to Citigroup Venture Capital International Growth Partnership Mauritius for $30 million

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

More capital for public sector banks? Hardly a solution

More capital for public sector banks? Hardly a solution

Rediff.com3 Aug 2015

Quarterly results of many of these banks show significant losses.

Anshuman Jain backs a new venture in India

Anshuman Jain backs a new venture in India

Rediff.com13 May 2016

Anshuman Jain became the co-head of Deutsche Bank in 2012 along with Juergen Fitschen.

UBS to invest $40 mn in Hyderabad service centre

UBS to invest $40 mn in Hyderabad service centre

Rediff.com27 Jun 2006

UBS has already recruited 180 people in the city.

Bachchans invest $250K in Singapore firm for minority stake

Bachchans invest $250K in Singapore firm for minority stake

Rediff.com21 May 2015

Meridian Tech Pte has its development centre in Hyderabad.

PSU Disinvestment: Modi Missing The Bus

PSU Disinvestment: Modi Missing The Bus

Rediff.com3 Oct 2023

'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'

Lockdown in India impacted 40mn migrants: World Bank

Lockdown in India impacted 40mn migrants: World Bank

Rediff.com23 Apr 2020

According to the report, the magnitude of internal migration is about two-and-a-half times that of international migration.

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

Rediff.com6 Jul 2019

As a percentage of the aggregate Budget expenditure, it is 12 per cent.

Cost of capital hurting domestic private investment: Jaitley

Cost of capital hurting domestic private investment: Jaitley

Rediff.com21 Sep 2015

Finance Minister Arun Jaitley on Monday said domestic private sector investments have been slow and high cost of capital was also affecting several sectors.

Banks will now be encouraged to extend long-term loans

Banks will now be encouraged to extend long-term loans

Rediff.com11 Jul 2014

Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Rediff.com27 Jan 2023

Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.

'HDFC merger template for faster growth'

'HDFC merger template for faster growth'

Rediff.com20 Jul 2023

'If we want faster growth and want greater flow of credit towards the private sector, it's important to have many more of such large entities.'

BRICS bank to create a $100 billion contingency fund

BRICS bank to create a $100 billion contingency fund

Rediff.com28 Mar 2013

The decision was taken at the BRICS Summit in Durban which also launched a Business Council to encourage investment and trade in member countries and to expand business cooperation.

8 small cities that offer attractive investment opportunities

8 small cities that offer attractive investment opportunities

Rediff.com18 Jul 2016

Place your bets only on cities where you can easily monitor and where there's visible growth.

India's farm subsidy high: World Bank

India's farm subsidy high: World Bank

Rediff.com28 Jan 2004

Warning that India's farm subsidy had mounted to 5.6 per cent of agriculture GDP, the World Bank on Wednesday said the country should instead be investing more in rural education, social and infrastructure development.

SoftBank willing to fund Ola, but with a rider

SoftBank willing to fund Ola, but with a rider

Rediff.com4 Oct 2017

Growing the number of electric vehicles on Ola's platform is part of the terms SoftBank has put forth for the funding

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

Rediff.com19 Jun 2018

In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy

After 15 months, RBI allows AmEx to acquire new credit card customers

After 15 months, RBI allows AmEx to acquire new credit card customers

Rediff.com25 Aug 2022

The Reserve Bank of India has on Wednesday lifted the ban on new customer acquisition by American Express which was imposed with effect from May 2021 due to non-compliance with local data storage norms. "In view of the satisfactory compliance demonstrated by American Express Banking Corp. with the Reserve Bank of India (RBI) circular dated April 6, 2018, on Storage of Payment System Data, the restrictions imposed, vide order dated April 23, 2021, on onboarding of new domestic customers have been lifted with immediate effect," RBI said. Similar bans were imposed on Diners Club International and Mastercard previously.

World Bank keeps faith in India story

World Bank keeps faith in India story

Rediff.com30 Oct 2015

The Bank suggested reforms in infrastructure sector.

Gathered inputs from 15L people for 3rd term road map: Modi

Gathered inputs from 15L people for 3rd term road map: Modi

Rediff.com10 Feb 2024

Modi said that for nearly one and a half years he has been putting in place details of new schemes to give new pace to the country's development and curb poverty.

Moody's to upgrade India's rating in 2 years if reforms are 'tangible'

Moody's to upgrade India's rating in 2 years if reforms are 'tangible'

Rediff.com20 Sep 2016

Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms

Budget 2022: India Inc pitches for more reforms and tax stability

Budget 2022: India Inc pitches for more reforms and tax stability

Rediff.com16 Dec 2021

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.

Investors budget for growth on Feb 1; tax sops for salaried expected

Investors budget for growth on Feb 1; tax sops for salaried expected

Rediff.com24 Jan 2023

Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.

US Exim Bank plans $5-bn corpus for India

US Exim Bank plans $5-bn corpus for India

Rediff.com8 Nov 2010

India to get a major financial boost from the US for development of infrastructure.

Govt likely to unveil new DFI framework in Budget

Govt likely to unveil new DFI framework in Budget

Rediff.com21 Jan 2021

Industry players believe the new DFI model will be initially risk capital, which will then be used to mobilise additional resources from development agencies such as World Bank.

Indian firms' subsidiaries in Cyprus face bank tax hit

Indian firms' subsidiaries in Cyprus face bank tax hit

Rediff.com20 Mar 2013

Network18 Group has $260,000 in island-nation.