News for 'International Finance Centre'

No Party Can Solve Punjab's Problems!

No Party Can Solve Punjab's Problems!

Rediff.com15 Feb 2022

Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.

'Pakistan's backing for Taliban goes back many years'

'Pakistan's backing for Taliban goes back many years'

Rediff.com9 Aug 2021

'Throughout the nearly 20-year US-led war, State sponsorship from Pakistan has been a constant.'

The turnaround story of India's largest steel maker

The turnaround story of India's largest steel maker

Rediff.com29 Dec 2020

The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.

How Stalin is different from Karunanidhi, Jaya

How Stalin is different from Karunanidhi, Jaya

Rediff.com29 May 2021

Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.

What Budget has in store for regional rural banks

What Budget has in store for regional rural banks

Rediff.com27 Jan 2021

RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.

Cabinet approves 10% reservation for general category poor in J-K

Cabinet approves 10% reservation for general category poor in J-K

Rediff.com28 Feb 2019

The Union Cabinet also decided to promulgate an ordinance -- The Jammu and Kashmir Reservation (Amendment) Ordinance, 2019 -- to give reservation benefits to the people living along the International Border in Jammu and Kashmir, who often face shelling from across the border.

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.

Mamata skips CMs' meet, voices dissent on NCTC

Mamata skips CMs' meet, voices dissent on NCTC

Rediff.com16 Apr 2012

West Bengal Chief Minister Mamata Banerjee, who chose to skip the chief ministers' conference on internal security in New Delhi, on Monday voiced her dissent over the proposed National Counter Terrorism Centre and asked the Centre to play an "effective coordinating role" to counter Naxalism.

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.

TN assembly okays bill to exempt state from NEET

TN assembly okays bill to exempt state from NEET

Rediff.com13 Sep 2021

The Bills adopted in 2017 for the same purpose during the AIADMK regime did not get the President's assent.

TMC or BJP, big-ticket projects still a pipedream for Bengal

TMC or BJP, big-ticket projects still a pipedream for Bengal

Rediff.com8 Feb 2021

In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.

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).

NIA seizes Rs 1 cr, nearly 1 kg gold from Swapna Suresh's lockers

NIA seizes Rs 1 cr, nearly 1 kg gold from Swapna Suresh's lockers

Rediff.com24 Jul 2020

The investigation agency said during the custody, Suresh had disclosed that she had kept proceeds of the crime at the bank lockers and invested as deposits in various banks.

Sensex sinks 540 pts as Amazon-RIL clash spooks investors

Sensex sinks 540 pts as Amazon-RIL clash spooks investors

Rediff.com26 Oct 2020

Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.

ED registers money laundering case in Kerala gold smuggling

ED registers money laundering case in Kerala gold smuggling

Rediff.com22 Jul 2020

The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

Deregulation to make India a trillion-dollar geospatial economy

Deregulation to make India a trillion-dollar geospatial economy

Rediff.com8 Mar 2021

A business in India wanting access to maps and geospatial data would typically have to wait months before it got what it wanted. All this is set to change with the new guidelines on geospatial data, report Neha Alawadhi and Peerzada Abrar.

Congress, BJP spar over Yashwant Sinha's stinging column on economy

Congress, BJP spar over Yashwant Sinha's stinging column on economy

Rediff.com27 Sep 2017

Sinha, a former finance minister, hogged the limelight and started trending high on social media on Wednesday morning, after he criticised his own government for sinking the economy, in an article he penned for The Indian Express.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

How one man is changing young lives in India

How one man is changing young lives in India

Rediff.com4 Jun 2020

An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.

Farm laws repeal: Who Won, Who Lost

Farm laws repeal: Who Won, Who Lost

Rediff.com30 Nov 2021

Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.

Don't worry, will soon get back: COVID +ve Karnataka CM

Don't worry, will soon get back: COVID +ve Karnataka CM

Rediff.com3 Aug 2020

The Manipal Hospital where the 77-year-old leader is admitted said he was "doing well" and "clinically stable."

'RBI's whatever-it-takes approach insulated teconomy'

'RBI's whatever-it-takes approach insulated teconomy'

Rediff.com20 Jul 2021

'A strong foreign exchange reserve is the best safety net against global spillovers.'

'Wise for US to have a good relationship with India'

'Wise for US to have a good relationship with India'

Rediff.com24 Sep 2021

'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

Steely Stalin steals Modi's show too

Steely Stalin steals Modi's show too

Rediff.com2 May 2021

Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.

Surat set to get global diamond exchange in 3 years

Surat set to get global diamond exchange in 3 years

Rediff.com23 Oct 2017

Contract finally given for Rs 2,400-cr project, with GIFT City-like features

Covid has taken sheen off India's most exclusive clubs

Covid has taken sheen off India's most exclusive clubs

Rediff.com28 Oct 2020

Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.

Prez, Advani, Sonia pay homage to Jaitley at his home

Prez, Advani, Sonia pay homage to Jaitley at his home

Rediff.com24 Aug 2019

The BJP stalwart's body was later brought to his residence at Kailash Colony.

Full rupee convertibility in a few years: Rajan

Full rupee convertibility in a few years: Rajan

Rediff.com10 Apr 2015

Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.

COVID-19 Effect: Modi is unlikely to give up new powers

COVID-19 Effect: Modi is unlikely to give up new powers

Rediff.com5 May 2020

Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.

Economist Rajiv Kumar named as new VC of NITI Aayog

Economist Rajiv Kumar named as new VC of NITI Aayog

Rediff.com6 Aug 2017

The government also appointed Dr Vinod Paul, a pediatrician at the AIIMS, as a member of the NITI Aayog

EXPLAINED! How runaway fuel prices affect Indian economy

EXPLAINED! How runaway fuel prices affect Indian economy

Rediff.com21 Sep 2018

The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.

Jaitley says jobs, skill training among 10 key focus areas

Jaitley says jobs, skill training among 10 key focus areas

Rediff.com1 Feb 2017

He said the government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country, from 60 districts at present.

Auto sector gets relief but no word on cutting GST

Auto sector gets relief but no word on cutting GST

Rediff.com23 Aug 2019

The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.

Beijing grapples with Games legacy four years on

Beijing grapples with Games legacy four years on

Rediff.com11 Apr 2012

Four years after Beijing hosted a spectacular summer Olympics, China's bustling capital sees vastly improved public transport and infrastructure, but many of the venues built for the event languish unloved, underused and draining public finances.

COVID-19 biggest challenge since WW-II: PM Modi at G20

COVID-19 biggest challenge since WW-II: PM Modi at G20

Rediff.com22 Nov 2020

Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.

How to DEFEAT the NEXT Pandemic

How to DEFEAT the NEXT Pandemic

Rediff.com3 Nov 2021

Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.

How states can avail extra borrowing from the markets

How states can avail extra borrowing from the markets

Rediff.com20 May 2020

These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.

'GST structure is complex'

'GST structure is complex'

Rediff.com12 Mar 2015

A well-functioning GST will enhance tax compliance and boost growth: IMF