News for 'National Housing Bank'

Modi refers to 'Quit India' to target opposition bloc

Modi refers to 'Quit India' to target opposition bloc

Rediff.com6 Aug 2023

Prime Minister Narendra Modi on Sunday accused the opposition of playing 'negative politics' and said now the entire country is rooting for corruption, dynasty and appeasement to 'quit India'.

How has the RBI governor fared in Year1?

How has the RBI governor fared in Year1?

Rediff.com17 Dec 2019

'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.

Interest on home loans set to rise

Interest on home loans set to rise

Rediff.com11 Jan 2006

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

Why BJP Retained Coastal Karnataka

Why BJP Retained Coastal Karnataka

Rediff.com17 May 2023

'We will win all the 28 Lok Sabha seats in 2024.'

SC asks Reserve Bank for list of defaulters of over Rs 500-cr loan

SC asks Reserve Bank for list of defaulters of over Rs 500-cr loan

Rediff.com16 Feb 2016

SC expressed surprise that no steps were taken for recovery.

TAX GURU: 'Can this help save capital gain tax?'

TAX GURU: 'Can this help save capital gain tax?'

Rediff.com8 Jun 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

A Rainy Day Check-List for Chennaiites

A Rainy Day Check-List for Chennaiites

Rediff.com18 Dec 2023

If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.

Reliance Cap gets NHB nod for home loan business

Reliance Cap gets NHB nod for home loan business

Rediff.com14 Jan 2009

It has also got the Reserve Bank's nod to set up a non-banking finance company subsidiary for its consumer loan business, which would primarily focus on vehicle loans and lending to SMEs. Both HFC and consumer finance subsidiaries would be in place in the next two months, and the employees currently working with the related businesses at Reliance Consumer Finance Ltd would be relocated to the new entities.

Assam's 4th major eviction drive sees lathicharge, protests

Assam's 4th major eviction drive sees lathicharge, protests

Rediff.com16 Feb 2023

The drive met with opposition in Tinsukia in upper Assam leading to lathicharge by the security forces, while in Sonitpur the alleged illegal settlers claimed that it was launched about a week before the stipulated date.

Those who were left out can apply for new bank licence: Rajan

Those who were left out can apply for new bank licence: Rajan

Rediff.com4 Apr 2014

The RBI has agreed to consider the application of India Post in consultation with the government.

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Rediff.com2 May 2022

The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.

Adani, Jindal, Ambani are in race to buy Videocon's assets

Adani, Jindal, Ambani are in race to buy Videocon's assets

Rediff.com10 Feb 2022

With the Adani and Jindal groups and Mukesh Ambani-owned Reliance Industries joining the race to buy Videocon Industries' (VIL's) assets, lenders are expecting aggressive bids for VIL's consumer durables and overseas oil assets, which are to be sold in separate auctions. The entire asset sale exercise is expected to be completed in the next six months, said a banker. A promoter entity of Naveen Jindal-owned Jindal Steel and Power has also evinced interest in the second round of bids for VIL's consumer durable business. The deadline to submit bids for VIL's assets ended on February 2.

US House approves $1.1 trillion spending bill, averts shutdown

US House approves $1.1 trillion spending bill, averts shutdown

Rediff.com12 Dec 2014

The US House of Representatives averted a government shutdown on Thursday, narrowly passing a $1.1 trillion spending bill despite strenuous Democratic objections to controversial financial provisions.

Not good for bilateral ties, Jaishankar warns Canada over Indira killers' float

Not good for bilateral ties, Jaishankar warns Canada over Indira killers' float

Rediff.com8 Jun 2023

India on Thursday warned Canada against giving space to separatists and extremists elements, saying it was not good for the bilateral ties, days after a video of a float, depicting the assassination of former Prime Minister Indira Gandhi, at a parade in Brampton went viral on social media.

How Sajjan Jindal 'reshaped' banking code through tweets!

How Sajjan Jindal 'reshaped' banking code through tweets!

Rediff.com26 Dec 2017

If tweets can do so much, why do we need an independent regulator and multiple committees discuss and recommend policy?

Mangaluru blast accused 'inspired' by global terrorist outfit

Mangaluru blast accused 'inspired' by global terrorist outfit

Rediff.com21 Nov 2022

Police found materials that go into making bomb from the rented house in Mysuru of Mangaluru autorickshaw blast accused Mohammed Shariq, who was 'influenced and inspired' by a global terrorist organisation, a senior police officer said on Monday.

We don't work to benefit corporate houses, Modi tells Oppn

We don't work to benefit corporate houses, Modi tells Oppn

Rediff.com3 Mar 2015

He urged Congress-run states to also help elevate the poor.

DDA stops demolition drive in Mehrauli; HC orders status quo till Feb 16

DDA stops demolition drive in Mehrauli; HC orders status quo till Feb 16

Rediff.com14 Feb 2023

The high court further asked the Delhi Development Authority to state its stand on a batch of petitions challenging the action and also seeking a bar on the demolition till a fresh "demarcation report" is prepared.

Opposition to let House function, hold Centre responsible for disruption

Opposition to let House function, hold Centre responsible for disruption

Rediff.com16 Jul 2018

During the meeting, the parties also decided to unitedly move forward in fielding a joint candidate for the post of deputy chairman of Rajya Sabha, which fell vacant after the retirement of P J Kurien on July 1.

S&P on why recession unlikely to hit India

S&P on why recession unlikely to hit India

Rediff.com21 Sep 2022

Global rating agency S&P on Tuesday said even though the US and the Euro zone are headed to recession, India is unlikely to face the impact given the "not so coupled" nature of its economy with the global economy. "Indian economy is a lot decoupled from the global economy than we normally think of, given its large domestic demand, even though you (India) are a net importer of energy. "But you have enough forex reserves on one hand and your companies have managed to maintain healthy balance sheets," Paul F Gruenwald, S&P global chief economist and managing director, told reporters in Mumbai.

Owaisi hopes to snatch communally-sensitive Godhra from BJP

Owaisi hopes to snatch communally-sensitive Godhra from BJP

Rediff.com28 Nov 2022

Godhra is one of the 14 seats which the AIMIM is contesting in the next month's elections to the 182-member Gujarat assembly.

For homebuyers, affordability has become a BIG issue

For homebuyers, affordability has become a BIG issue

Rediff.com12 Oct 2022

The real estate market has seen a decline in affordability due to the recent rise in median loan rates as a result of the 50 basis points (bps) hike in repo rates by the Reserve Bank of India (RBI). A cumulative increase of 0.95 per cent in median home loan rate has impacted the purchase affordability and purchase decisions of homebuyers, according to the Affordability Index by Knight Frank. The Affordability Index tracks the EMI (equated-monthly instalment) to income ratio for an average household.

Common man bogged down by corruption, remarks SC in case to debar criminal MPs

Common man bogged down by corruption, remarks SC in case to debar criminal MPs

Rediff.com24 Feb 2023

The common man in India is bogged down by corruption and there is a need to fix accountability at all levels, the Supreme Court observed on Friday as it dealt with a petition seeking debarment of those against whom charges have been framed in criminal cases from contesting elections.

Asian Infra Investment Bank: An opportunity for India

Asian Infra Investment Bank: An opportunity for India

Rediff.com1 Apr 2015

China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.

BJP Going All Out To Win Karnataka, But...

BJP Going All Out To Win Karnataka, But...

Rediff.com27 Jan 2023

The Congress and JD-S have made much of Amit Shah's remarks about milk co-operatives. 'If the Opposition harps on the statement, it could add to the narrative that Gujarat was trying to take over Karnataka.'

What PM told the nation: 'Secrecy was essential for this action'

What PM told the nation: 'Secrecy was essential for this action'

Rediff.com9 Nov 2016

Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.

In Messi's hometown, hope builds ahead of World Cup final

In Messi's hometown, hope builds ahead of World Cup final

Rediff.com17 Dec 2022

Messi's image is everywhere, adorning the sides of buildings.

IUML member moves resolution in RS seeking Sachar report implementation

IUML member moves resolution in RS seeking Sachar report implementation

Rediff.com10 Feb 2023

A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.

In RS, Modi thumps chest, says he alone is more than a match for entire Oppn

In RS, Modi thumps chest, says he alone is more than a match for entire Oppn

Rediff.com9 Feb 2023

Amid slogan shouting by MPs from the Trinamool Congress, the Congress and other opposition parties from the Well of the House, Modi began replying to the debate on the motion thanking the President for her address to the joint sitting of Lok Sabha and Rajya Sabha at the start of the Budget Session, and accused the Congress of adopting only 'tokenism' to solving problems the country faced.

Assam's eviction drive in forest land hits over 12,000 people

Assam's eviction drive in forest land hits over 12,000 people

Rediff.com14 Feb 2023

The Assam government on Tuesday began clearing nearly 1,900 hectares of forest and government land in Sonitpur district, affecting 12,000-odd people who were allegedly staying there illegally for decades, a senior official said.

President Rajapaksa still in Sri Lanka: Parliament Speaker

President Rajapaksa still in Sri Lanka: Parliament Speaker

Rediff.com11 Jul 2022

"President of Sri Lanka Gotabaya Rajapaksa is still in the country, I made a mistake in the (BBC) interview," Speaker Abeywardena told ANI in a telephone call.

DHFL shares may get delisted post acquisition by Piramal

DHFL shares may get delisted post acquisition by Piramal

Rediff.com7 Jun 2021

Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.

Tata AIG, ICICI Lombard join race for RCap's assets

Tata AIG, ICICI Lombard join race for RCap's assets

Rediff.com28 Mar 2022

Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in the race for RCap's assets. The final day to submit an expression of interest (EoI) was March 25 and the bidders will now get access to the latest information about RCap before they make financial bids.

Joshimath: NTPC Not Responsible: Power Secy

Joshimath: NTPC Not Responsible: Power Secy

Rediff.com16 Jan 2023

In a letter to the chief secretary, government of Uttarakhand, Union Power Secretary Alok Kumar said the land subsidence in Joshimath was a very old issue, dating back to 1976, and the construction of the 4x130 megawatt Tapovan Vishnugad project started only in 2006 by NTPC.

The Village of Heroes

The Village of Heroes

Rediff.com7 Jul 2023

The village in Maharashtra has continuously sent soldiers to the Army since World War I. Every other person you meet is a soldier or a retired soldier or is aspiring to be a soldier.

Inflation to further decline, assures Sitharaman

Inflation to further decline, assures Sitharaman

Rediff.com14 Dec 2022

Finance minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there is no fear of stagflation in India. Replying to the debate on first batch of Supplementary Demands for Grants 2022-23 in Lok Sabha, the finance minister said inflation has come down and it is now in the tolerable band of the RBI. Inflation has been declining since April 2022 and it is declining further, she said.

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Rediff.com14 Dec 2016

The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.

Disengagement plan at Pangong Tso finalised: Rajnath on China row

Disengagement plan at Pangong Tso finalised: Rajnath on China row

Rediff.com11 Feb 2021

As per the agreement reached by the two sides, India and China will withdraw the forward deployment in a phased and coordinated manner, the defence minister said.

NCLT orders insolvency proceedings against Supertech

NCLT orders insolvency proceedings against Supertech

Rediff.com25 Mar 2022

Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group. The NCLT said "there has been a default in payment of the financial debt" and appointed Hitesh Goyal as the Interim Resolution Professional (IRP) superseding the board of Supertech Ltd.