News for 'National Housing Bank'

Lawyers cannot be sued for 'deficiency in service': SC

Lawyers cannot be sued for 'deficiency in service': SC

Rediff.com15 May 2024

The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.

NIA searches Akhil Gogoi's house, seizes papers

NIA searches Akhil Gogoi's house, seizes papers

Rediff.com26 Dec 2019

The activist, who advises various farmer organisations, was arrested when Assam was witnessing widespread protests against the Citizenship (Amendment) Act.

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

Key provisions of CAA may violate Indian Constitution: US report

Key provisions of CAA may violate Indian Constitution: US report

Rediff.com22 Apr 2024

Key provisions of the Citizenship Amendment Act (CAA) which came into law this year may violate certain provisions of India's Constitution, a report issued by an independent research wing of the United States Congress has claimed.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

Sensex ends 107 points lower in choppy trade

Sensex ends 107 points lower in choppy trade

Rediff.com1 Feb 2024

Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

India Won't See A Changed Modi!

India Won't See A Changed Modi!

Rediff.com23 Jul 2024

For now, Modi's government appears singularly focussed on demonstrating that it is not in any way inhibited by the BJP's loss of a majority, and will continue along its patented path of bulldozing all opposition and doing just as it likes, asserts Prem Panicker.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

Political Savvy Nirmalaji's Bold Budget

Political Savvy Nirmalaji's Bold Budget

Rediff.com3 Aug 2024

Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.

Is Rahul Dividing India To Rule?

Is Rahul Dividing India To Rule?

Rediff.com3 Jul 2024

Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.

NHB hikes interest rates on bonds

NHB hikes interest rates on bonds

Rediff.com30 Nov 2004

The National Housing Bank on Tuesday hiked the interest rates on its capital gains bonds by 0.25-0.35 per cent effective from December 1.

Have a home loan from HDFC? Be ready to pay higher EMI

Have a home loan from HDFC? Be ready to pay higher EMI

Rediff.com28 Feb 2023

Housing finance major HDFC and state-run Punjab National Bank on Tuesday announced up to 25 basis points increase in their lending interest rates, making their new and old loans expensive for consumers. The revised rates would be effective from March 1. Mortgage lender HDFC has increased its retail prime lending rate by 25 basis points to a minimum of 9.20 per cent.

How home loans help you save taxes

How home loans help you save taxes

Rediff.com12 Sep 2007

The average age of person/s having own residential homes has come down from 42 in 2000-01 to 31 years in 2006-07? Do you know how this has become possible. Tax sops on home loans is the biggest catalyst to begin with.

Naidu At Helm, Amaravati Comes Alive

Naidu At Helm, Amaravati Comes Alive

Rediff.com12 Jun 2024

Locals have witnessed real estate prices skyrocket from a historic low of Rs 6,000 per square yard (in 2020) during Jagan Mohan Reddy's regime to around Rs 40,000 to Rs 50,000 per square yard after elections.

Loan moratorium: SC ruling clears overhang for banks

Loan moratorium: SC ruling clears overhang for banks

Rediff.com24 Mar 2021

Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs.

Housing cos pin hope on cheaper loans

Housing cos pin hope on cheaper loans

Rediff.com22 Nov 2016

As PM talks of lower lending rates, housing companies prepare to cash in.

'Israelis have no morals, no ethics'

'Israelis have no morals, no ethics'

Rediff.com29 Jan 2024

'How can you shoot somebody raising a white flag, even if he's a fighter, when he's surrendered?'

How banking system changed post Nirav Modi scam

How banking system changed post Nirav Modi scam

Rediff.com26 Nov 2020

'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'

Gaza-Israel: Who Remembers The Innocent Dead?

Gaza-Israel: Who Remembers The Innocent Dead?

Rediff.com13 Oct 2023

Israelis and Palestinians bury their dead.

Indian Managers Are Conquering The World

Indian Managers Are Conquering The World

Rediff.com7 Dec 2023

'MNCs now recognise India's capacity for innovation and its pivotal role in substantive contributions to global product development.'

How sentiments have changed for banks

How sentiments have changed for banks

Rediff.com2 May 2020

Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about banking stocks.

How we cracked Batla House terror case

How we cracked Batla House terror case

Rediff.com28 Dec 2020

'Information trickled in that these phone numbers were switched off when there were blasts in Jaipur, Ahmedabad, and at the time of the Delhi blasts.

They Are Missing Their Loved Ones

They Are Missing Their Loved Ones

Rediff.com31 Oct 2023

An installation with pictures of hostages abducted by Hamas in Tel Aviv.

Kejriwal's arrest: INDIA plans mega rally on March 31

Kejriwal's arrest: INDIA plans mega rally on March 31

Rediff.com24 Mar 2024

The opposition's Indian National Developmental Inclusive Alliance (INDIA) will hold a 'maha rally' at Delhi's Ramlila Maidan on March 31 to safeguard the country's interests and democracy, Aam Aadmi Party leader Gopal Rai said on Sunday.

RBI unlikely to tinker with key rates

RBI unlikely to tinker with key rates

Rediff.com2 Jun 2021

The Reserve Bank's rate-setting panel, Monetary Policy Committee (MPC), began its three-day deliberations on Wednesday amid expectations of a status quo on benchmark rate mainly on account of uncertainty over the impact of the second wave of COVID-19 pandemic. Moreover, the fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced on Friday. The RBI had kept key interest rates unchanged at the last MPC meeting held in April.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

MFs own larger slice of small and midcap stocks

MFs own larger slice of small and midcap stocks

Rediff.com10 Apr 2024

Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs' average holding in the National Stock Exchange Nifty Smallcap 250 Index stood at 9 per cent at the end of the October-December quarter of 2023-24 (FY24), up from 7.76 per cent in the same quarter of 2022-23.

Home loan rates to drop, if EPF...

Home loan rates to drop, if EPF...

Rediff.com14 Feb 2005

In what could bring down home loan rates, the Employees Provident Fund board is toying with the idea of investing in mortgage-backed securities as part of its multi-pronged strategy to raise returns on its assets.

US to donate 1.6 cr vaccines to India and 17 other Asian nations

US to donate 1.6 cr vaccines to India and 17 other Asian nations

Rediff.com22 Jun 2021

Of the 4.10 crore to be shared through COVAX, 1.40 crore will go to Latin America and the Caribbean nations and 1.60 crore to Asia.

Buyer Liable To Pay EMI To Builder

Buyer Liable To Pay EMI To Builder

Rediff.com6 Feb 2023

A National Commission order held that the buyer was the borrower and so the bank was entitled to demand the EMI payments from him.

Israel-Hamas truce begins, 13 hostages to be freed from Gaza

Israel-Hamas truce begins, 13 hostages to be freed from Gaza

Rediff.com24 Nov 2023

The Qatari spokesperson stated that Mossad will provide the Qataris with a list of Palestinian inmates who are likely to be released.

Govt banks penalised peons, cashiers over rising NPAs

Govt banks penalised peons, cashiers over rising NPAs

Rediff.com13 Dec 2019

Most of those punished were managers across different scales, from Scale 7 (general managers) to Scale 1 (officers). However, at least one bank - Oriental Bank of Commerce - revealed that 17 single-window operators (SWOs), five head cashiers, two clerks, one clerk-cum-cashier, and one peon-cum-housekeeper were among those penalised for staff delinquency. Punishments against these employees included withholding of increment, demotion for one year, and censure under provisions of the bipartite settlement.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

Traders brace for impact of Paytm crisis

Traders brace for impact of Paytm crisis

Rediff.com8 Feb 2024

It's mid-morning and the two-kilometre stretch from Rashbehari Avenue to Gariahat Market is bustling with activity. Dotted with saree shops and hawker stalls that sell everything, from hairpins, hangers and towels to hosiery, mobile phone covers and kurtas, this is one of South Kolkata's busiest shopping areas. And it is beginning to wake up to the Paytm crisis.

Joe Biden to visit India next month for G20 summit

Joe Biden to visit India next month for G20 summit

Rediff.com23 Aug 2023

United States President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday.

Beware, An Angry River!

Beware, An Angry River!

Rediff.com11 Jul 2023

Glimpses of havoc caused by flooding in Kullu, Patiala and Chandigarh due to incessant rain on Monday, July 10, 2023.

Govt will extend free ration scheme for 5 years: Modi

Govt will extend free ration scheme for 5 years: Modi

Rediff.com5 Nov 2023

Prime Minister Narendra Modi on Saturday said the government will extend for five years the free ration scheme, Pradhan Mantri Garib Kalyan Anna Yojana, covering 80 crore poor people.

Delhi services bill: Why Opposition is arranging ambulances

Delhi services bill: Why Opposition is arranging ambulances

Rediff.com28 Jul 2023

From issuing whips to arranging ambulances for their ailing leaders, opposition parties from the newly-formed Indian National Developmental Inclusive Alliance (INDIA) bloc are making all-out efforts to ensure that they get 100 per cent attendance of their MPs in the Rajya Sabha to give the Bharatiya Janata Party a tough fight on the Delhi services bill next week.

BJD to oppose no-trust vote, support Delhi services bill

BJD to oppose no-trust vote, support Delhi services bill

Rediff.com1 Aug 2023

The Biju Janata Dal will support the bill replacing the Delhi services ordinance and oppose the no-confidence motion proposed by various opposition parties against the government, the party's Rajya Sabha member Sasmit Patra said on Tuesday.