News for 'National Bank Open'

Can RBI Win The War On Inflation?

Can RBI Win The War On Inflation?

Rediff.com13 Sep 2023

'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'

'Strongly oppose' India's abstention on Gaza vote at UN: Sonia

'Strongly oppose' India's abstention on Gaza vote at UN: Sonia

Rediff.com30 Oct 2023

Sonia aid the Congress has been consistent over the years in its strong belief that both the Palestinians and Israelis have the right to live in a just peace.

All about wilful fraudsters and errant banks

All about wilful fraudsters and errant banks

Rediff.com21 Jan 2016

Banks cannot shirk their responsibility in cases of frauds.

Banking, auto stocks pull Sensex down by 504 points

Banking, auto stocks pull Sensex down by 504 points

Rediff.com25 Sep 2019

After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 points, or 1.28 per cent, to 11,440.20.

PSU banks lost Rs 227 bn to frauds in 5 years

PSU banks lost Rs 227 bn to frauds in 5 years

Rediff.com15 Feb 2018

Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.

Modi opens coffers for Assam before polls, says past govts neglected development

Modi opens coffers for Assam before polls, says past govts neglected development

Rediff.com22 Feb 2021

"Those who ruled for decades since Independence believed Dispur was too distant from Delhi. 'Dilli ab door nahi aapke darwaaze par hai' (Delhi is not far now, it stands at your doorstep," he told a massive gathering.

6 Must-Visit Shiva Temples

6 Must-Visit Shiva Temples

Rediff.com9 Mar 2024

Explore some of the majestic temples dedicated to Lord Shiva across the country.

No breakthrough as India, China hold 20th round of talks

No breakthrough as India, China hold 20th round of talks

Rediff.com11 Oct 2023

India and China held two days of military talks in an "open and constructive manner" for an early and mutually acceptable resolution of the remaining issues along the Line of Actual Control in eastern Ladakh and agreed to maintain peace on the ground.

Constitution bench to hear electoral bonds matter from Oct 31

Constitution bench to hear electoral bonds matter from Oct 31

Rediff.com28 Oct 2023

A five-judge constitution bench of the Supreme Court is scheduled to commence hearing from October 31 a batch of pleas challenging the validity of the electoral bond scheme for political funding of parties.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com23 May 2023

Among the Sensex firms, Bajaj Finserv, Tata Motors, Asian Paints, ITC, IndusInd Bank, State Bank of India, Tata Steel, Wipro, Infosys and Maruti were the major gainers. Tech Mahindra, HCL Technologies, Kotak Mahindra Bank, Titan and Larsen & Toubro were the major laggards.

Selectively anonymous, selectively confidential: SC on poll bonds

Selectively anonymous, selectively confidential: SC on poll bonds

Rediff.com1 Nov 2023

The Supreme Court of India on Wednesday said the problem with electoral bonds scheme is that it provides for "selective anonymity" and "selective confidentiality" as the details are available with the State Bank of India (SBI) and can also be accessed by the law enforcement agencies.

SBI to charge for cash withdrawal beyond 4 free transactions per month

SBI to charge for cash withdrawal beyond 4 free transactions per month

Rediff.com29 Jun 2021

The country's largest lender SBI will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts. These customers will also be levied charges for cheque book beyond 10 leaves in a year. As per the revision in service charges for BSBD accounts, State Bank of India (SBI) will levy charges ranging from Rs 15 to Rs 75 for the "additional value added services" with effect from July 1, 2021.

India to get 3rd set of Swiss bank details, info on real estate this month

India to get 3rd set of Swiss bank details, info on real estate this month

Rediff.com12 Sep 2021

Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.

Can Modi's popularity secure victory for BJP in Rajasthan?

Can Modi's popularity secure victory for BJP in Rajasthan?

Rediff.com11 Oct 2023

It will try to exploit the infighting in the state's ruling Congress while it manages factionalism within its own ranks

HSBC eyes banking biz beyond metros

HSBC eyes banking biz beyond metros

Rediff.com19 Apr 2013

Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

BRICS pitches for using local currencies in international trade

BRICS pitches for using local currencies in international trade

Rediff.com2 Jun 2023

The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.

I was handed a hot potato with carte blanche: Naravane on LAC tensions

I was handed a hot potato with carte blanche: Naravane on LAC tensions

Rediff.com19 Dec 2023

In his memoir Four Stars of Destiny, Naravane recounts Singh's direction as well as a flurry of phone calls between the defence minister, external affairs minister, the national security advisor and the chief of defence staff that night on the sensitive situation.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

Banks report thin business in Mumbai

Banks report thin business in Mumbai

Rediff.com31 May 2012

Banks witnessed thin business in the nation's financial capital on Thursday following the nationwide bandh called by NDA and Left parties against the steep hike in petrol prices last week.

India sent Mehul Choksi deportation papers to Dominica: Antigua PM

India sent Mehul Choksi deportation papers to Dominica: Antigua PM

Rediff.com30 May 2021

The Dominica high court has stayed the removal of Choksi from its soil and put a gag order on the developments till the matter is heard in an open court on June 2.

You can design another system without flaws: CJI on election bonds

You can design another system without flaws: CJI on election bonds

Rediff.com2 Nov 2023

The electoral bonds scheme for funding political parties should not become a tool for "legitimisation of quid pro quo" between power centres and people who are benefactors of that power, the Supreme Court said on Thursday as it underscored the need for reducing the cash component in the electoral process.

Laudering prone nations on IBA list

Laudering prone nations on IBA list

Rediff.com10 May 2006

Emergency declared in New York city as torrential rain floods subways, roads

Emergency declared in New York city as torrential rain floods subways, roads

Rediff.com30 Sep 2023

The heaviest rainfall began to ease across hard-hit portions of Manhattan and Brooklyn late Friday morning, but another round is expected in the afternoon and could reinvigorate dangerous flooding.

Bahrain unrest gets to Indian banks

Bahrain unrest gets to Indian banks

Rediff.com8 Apr 2011

Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.

Will 2024 be a happy year for equity investors?

Will 2024 be a happy year for equity investors?

Rediff.com31 Dec 2023

tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.

Will Rohit, Ashwin Play Ranji Trophy Semis?

Will Rohit, Ashwin Play Ranji Trophy Semis?

Rediff.com28 Feb 2024

Only if we could have a Rohit versus Ashwin clash in the semis! What a perfect fill-up it would be for the resurgence of the Ranji Trophy.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

Why the govt should give greater autonomy to public banks

Why the govt should give greater autonomy to public banks

Rediff.com11 Sep 2014

Control over PSU banks is what is allowing the government to drive this scheme.

Israel strikes back at Syria after rocket attack

Israel strikes back at Syria after rocket attack

Rediff.com25 Oct 2023

The Israel Defence Forces on Wednesday said that it struck several Syrian military targets after rockets were fired from Syria toward Israeli communities in the Golan Heights.

Jet lenders mull open auction process

Jet lenders mull open auction process

Rediff.com24 Mar 2019

Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.

Electoral Bonds: 'No Setback For BJP'

Electoral Bonds: 'No Setback For BJP'

Rediff.com15 Feb 2024

'It's not really going to bring about purity in the election process.'

Short-Term FDs Best Bet In Rising-Rate Scenario

Short-Term FDs Best Bet In Rising-Rate Scenario

Rediff.com2 Jun 2022

'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'

Russian bank VTB to lend Essar $1 billion

Russian bank VTB to lend Essar $1 billion

Rediff.com11 Dec 2014

Russian bank VTB will open a $1 billion credit line to India's Essar Group.

Gill reveals India's game plan against Pakistan!

Gill reveals India's game plan against Pakistan!

Rediff.com9 Sep 2023

Shubman Gill said India's batters will have to dominate unlike last time when the top order was blown away for 66.

Wayanad May Not Be A Breeze For Rahul

Wayanad May Not Be A Breeze For Rahul

Rediff.com16 Apr 2024

Wayanad will continue to support Rahul but not to the same extent as in 2019, when his margin of victory had been enormous. Articulate, to the point and speaking in fluent Malayalam, CPI's Annie Raja, had the people who gathered to see her, listening in rapt attention, notes Shyam G Menon.

'I don't think I will die so fast'

'I don't think I will die so fast'

Rediff.com16 Nov 2023

'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'

Bank strike from January 21 deferred

Bank strike from January 21 deferred

Rediff.com19 Jan 2015

The decision is in response to the strike call given by United Forum Of Bank Unions, which has more than 10 lakh (1 million) employees and officers of banking Industry under its umbrella.

Banks closed tomorrow

Banks closed tomorrow

Rediff.com29 Sep 2004

Reserve Bank of India's offices in Mumbai and Navi Mumbai will remain open on Thursday but commercial and cooperative banks will remain closed to public on account of half-yearly closing of their accounts.

Key highlights of G20 New Delhi Leaders' declaration

Key highlights of G20 New Delhi Leaders' declaration

Rediff.com9 Sep 2023

Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.