News for 'Institute of International Finance'

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rediff.com13 Feb 2021

Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.

Kamala Harris chooses all-women team for chief of staff, NSA, domestic policy advisor

Kamala Harris chooses all-women team for chief of staff, NSA, domestic policy advisor

Rediff.com4 Dec 2020

United States Vice President-elect Kamala Harris has named her Chief of Staff, Domestic Policy Advisor and National Security Advisor -- an all-women team -- which she said has the experience to hit the ground from day one.

Climate action plans of poorest nations to cost $1 trillion

Climate action plans of poorest nations to cost $1 trillion

Rediff.com30 Nov 2015

Climate action plans of poorest nations to cost $1 trillion.

Viral Acharya wants better disclosures by corporates

Viral Acharya wants better disclosures by corporates

Rediff.com2 Jul 2019

A lack of adequate disclosures raises the financing costs of corporate firms, especially sub-investment grade ones, and keeps the capital markets small, believes RBI deputy governor Viral Acharya.

RBI unveils reverse repo rate cut, other measures to cushion Covid-19 impact

RBI unveils reverse repo rate cut, other measures to cushion Covid-19 impact

Rediff.com17 Apr 2020

Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.

Sourav Ganguly takes charge as BCCI president

Sourav Ganguly takes charge as BCCI president

Rediff.com23 Oct 2019

The 47-year-old Ganguly was officially entrusted with the task of heading Indian cricket for the next nine months at the BCCI's General Body meeting in Mumbai, ending a tumultuous 33-month reign of the Supreme Court-appointed Committee of Administrators (CoA).

Rajan warns against compromising India's interest for FDI

Rajan warns against compromising India's interest for FDI

Rediff.com2 Feb 2015

Reserve Bank Governor Raghuram Rajan on Monday warned against compromising India's interest for the sake of attracting foreign investment and said the priority should be framing transparent policies as well as resolving contractual tax disputes quickly.

Myanmar military seizes power, Suu Kyi detained

Myanmar military seizes power, Suu Kyi detained

Rediff.com1 Feb 2021

Myanmar military television says that the military has taken control of the country for one year.

Regulating money in politics: India fares BADLY

Regulating money in politics: India fares BADLY

Rediff.com2 Apr 2012

India is among the lowest scoring countries on political finance regulation, according to a new report.

India, US to develop a forum for easier FDI inflow

India, US to develop a forum for easier FDI inflow

Rediff.com10 Oct 2014

It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.

Govt may slash defence budget by up to 40%

Govt may slash defence budget by up to 40%

Rediff.com6 May 2020

That would result in the military under-spending about Rs 80,000 crore over the financial year.

Rajan, Virmani in running for RBI deputy governor

Rajan, Virmani in running for RBI deputy governor

Rediff.com12 Sep 2008

Finance Minister P Chidambaram held informal consultations on Wednesday on possible candidates for the Reserve Bank deputy governor's post.

Raghuram Rajan: 'We Indians treat our economy and cricketers alike'

Raghuram Rajan: 'We Indians treat our economy and cricketers alike'

Rediff.com11 Oct 2013

'We are by no means anywhere nearing having external financing difficulties or internal financing difficulties. The government's credit is solid, there is absolutely no difficulty for the government in borrowing and it is borrowing effectively from the public today in a fairly free public debt market,' the RBI governor tells a meeting in Washington, DC

Appointment of chief economic adviser hits Modi hurdle

Appointment of chief economic adviser hits Modi hurdle

Rediff.com2 Oct 2014

Arvind Subramanian, a senior fellow at the Peterson Institute for International Economics, was informally recommended to the post by Finance Minister Arun Jaitley.

Audit cos to go digital for clearing lockdown hurdle

Audit cos to go digital for clearing lockdown hurdle

Rediff.com11 May 2020

There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.

BSc BioTech: What are the options available?

BSc BioTech: What are the options available?

Rediff.com12 Dec 2015

Overseas education consultant NNS Chandra offers advice on how to pick the right international career for you.

How to nail your student visa interview

How to nail your student visa interview

Rediff.com21 Nov 2018

Be well prepared. Support your argument clearly, precisely.

Arvind Subramanian is India's Chief Economic Advisor

Arvind Subramanian is India's Chief Economic Advisor

Rediff.com16 Oct 2014

Subramanian, a senior fellow at the Peterson Institute for International Economics in Washington, attended a news conference in New Delhi at which his appointment was announced.

What Nirmalaji said and meant

What Nirmalaji said and meant

Rediff.com23 Jul 2019

'A buoyant market economy is one which is led by the innovation and imagination of private persons,' notes Ajay Shah.

Budget: Yoga gets a special status

Budget: Yoga gets a special status

Rediff.com28 Feb 2015

Special status to Yoga by categorising its promotion as charitable.

Sensex rebounds 180 points, Nifty reclaims 10,700 mark

Sensex rebounds 180 points, Nifty reclaims 10,700 mark

Rediff.com26 Dec 2018

The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 per cent.

PMO seeks clarity on status of CEC's pet project

PMO seeks clarity on status of CEC's pet project

Rediff.com1 Mar 2012

The Prime Minister's Office has sought clarity on a Rs 57-crore project of Chief Election Commissioner S Y Quraishi to establish an India International Institute of Democracy and Election Management at Dwarka in New Delhi as the Cabinet note did not contain comments from various union ministries.

Should we be afraid of corporates entering banking?

Should we be afraid of corporates entering banking?

Rediff.com10 Dec 2020

If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not reaction, observes Tamal Bandyopadhyay.

Infosys bets big on blockchain technology

Infosys bets big on blockchain technology

Rediff.com27 Apr 2016

Infosys said it is in discussion with over 10 institutions globally for deploying the solution

Modi govt must continue with inflation targeting: Subbarao

Modi govt must continue with inflation targeting: Subbarao

Rediff.com25 Mar 2021

Inflation targeting has worked well and the government must stay with it, and the framework is going to work well in the period ahead also, former RBI Governor D Subbarao said on Thursday. He also said low inflation contributes to sustainable growth. Addressing the 'Times Network India Economic Conclave' virtually, Subbarao said the government's proposal to privatise some public sector units is not akin to selling family silver but it is a route for putting India on a sustainable growth path.

60% Indians suffer financial exclusion

60% Indians suffer financial exclusion

Rediff.com23 Jan 2008

According to NABARD, around 60% of India's population lacks access to financial institutions.

Global vaccine supply hit due to Covid surge in India:

Global vaccine supply hit due to Covid surge in India:

Rediff.com28 May 2021

The 'terrible' surge of the coronavirus cases in India has severely impacted COVAX's vaccine supply in the second quarter of this year to the extent that there will be a shortfall of 190 million doses by the end of June, according to a joint statement by the WHO, UNICEF, GAVI and CEPI.

NEP, 4-year undergrad programme gets DU's implementation approval

NEP, 4-year undergrad programme gets DU's implementation approval

Rediff.com1 Sep 2021

The implementation of the NEP and four-year undergraduate programme were approved by the Standing Committee on Academic Matters and the Academic Council last week.

AI seeks $740 mn loan to buy 6 Boeing planes

AI seeks $740 mn loan to buy 6 Boeing planes

Rediff.com7 Aug 2017

While the government is working on final contours for a strategic divestment of its stake in loss-making Air India, the airline is ready with plans to fly to more overseas destinations.

The man the Greeks hate the most

The man the Greeks hate the most

Rediff.com14 Jul 2015

Wolfgang Schauble has done right by the Euro zone, but the Greeks believe that doesn't necessarily mean he has done right by them.

'Bengal has a lot to learn from Gujarat'

'Bengal has a lot to learn from Gujarat'

Rediff.com30 Mar 2021

'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'

When RBI governors fought for the bank's autonomy

When RBI governors fought for the bank's autonomy

Rediff.com5 Nov 2018

Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself.

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.

30 cos may float IPOs in Oct-Nov to mop up Rs 45,000 cr

30 cos may float IPOs in Oct-Nov to mop up Rs 45,000 cr

Rediff.com26 Sep 2021

Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.

Rupee rebounds 54 paise to 2-month high of 61.39 vs dollar

Rupee rebounds 54 paise to 2-month high of 61.39 vs dollar

Rediff.com10 Oct 2013

The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at the interbank foreign exchange market.

Christine Lagarde appointed new IMF chief

Christine Lagarde appointed new IMF chief

Rediff.com28 Jun 2011

French Finance Minister Christine Lagarde on Tuesday became the first woman to head the International Monetary Fund after its executive board chose her over Mexican central bank governor Agustin Carstens.

'Sashi' has large shoes to fill as HDFC Bank's new boss

'Sashi' has large shoes to fill as HDFC Bank's new boss

Rediff.com13 Aug 2020

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.

Why Moody's outlook on India need to be viewed with scepticism

Why Moody's outlook on India need to be viewed with scepticism

Rediff.com18 Oct 2021

The improved outlook on the Government of India announced by rating agency Moody's might need to be viewed with some scepticism. There is no doubt the performance of the Indian economy has sharply improved from the deep trough it hit last year. But the ability of the second largest global ratings agency to assess an upside and downside before events make everyone wise about India has been dismal for a long time, as the chart shows.

Pak failed to contain terror funding: FATF members

Pak failed to contain terror funding: FATF members

Rediff.com21 Jun 2019

India's stand at the FATF plenary and other related discussions have always been consistent regarding Pakistan.