News for 'National Treasury'

No room for Nawab Malik in govt, Fadnavis tells Ajit Pawar

No room for Nawab Malik in govt, Fadnavis tells Ajit Pawar

Rediff.com7 Dec 2023

In his letter to Ajit Pawar, who too is a deputy CM, Fadnavis said Malik has the right to attend the assembly as an MLA and added that "we (the BJP) do not harbour any personal animosity or grudge" against him.

Trump declares national emergency to build border wall

Trump declares national emergency to build border wall

Rediff.com16 Feb 2019

Trump's move followed a rare show of bipartisanship on Thursday when legislators voted to fund large swaths of the government and avoid a repeat of the recent five-week government shutdown.

Opposition vs govt duel in Parliament on Day 1 of no-trust motion

Opposition vs govt duel in Parliament on Day 1 of no-trust motion

Rediff.com8 Aug 2023

Sparks flew on the first day of the debate on the no-trust motion moved by the Congress with the Opposition on Tuesday asserting that it was forced to do so to break Prime Minister Narendra Modi's 'maun vrat' (vow of silence) on Manipur and the treasury benches hitting back saying it was a no-trust vote against a 'poor person's son' who has worked for the welfare of the people.

Rahul's Expulsion And The Casualties

Rahul's Expulsion And The Casualties

Rediff.com7 Apr 2023

One fallout of Rahul Gandhi's disqualification will be reflected in the Opposition's role in Parliament and related institutions.

Amid 'surprise' buzz, Parliament session to begin from Monday

Amid 'surprise' buzz, Parliament session to begin from Monday

Rediff.com17 Sep 2023

The unusual timing of the session has left everyone wondering, even though the main standout feature on the listed agenda is a special discussion on Parliament's journey of 75 years starting from the "Samvidhan Sabha" (Constituent Assembly).

China blocks India-US move to blacklist LeT terrorist 2nd time in 2 days

China blocks India-US move to blacklist LeT terrorist 2nd time in 2 days

Rediff.com20 Oct 2022

Hafiz Talha Saeed is a senior leader of the LeT and is the head of the cleric wing of the terrorist organisation.

Hindu-Canadians asked to go back to India: Trudeau's party leader

Hindu-Canadians asked to go back to India: Trudeau's party leader

Rediff.com21 Sep 2023

The Khalistan movement leader is trying to provoke Hindu Canadians to react and divide the Hindu and Sikh communities in Canada, Arya said.

US, Taliban hold talks over $ 3.5 bn frozen Afghan bank reserves

US, Taliban hold talks over $ 3.5 bn frozen Afghan bank reserves

Rediff.com29 Jul 2022

A US special envoy met senior Taliban representatives in Tashkent, Uzbekistan, and discussed the issue of Afghan central bank reserves.

Sensex falls 289 points to close below 58K

Sensex falls 289 points to close below 58K

Rediff.com23 Mar 2023

State Bank of India was the biggest loser in the Sensex pack, shedding 1.69 per cent, followed by Asian Paints, Kotak Mahindra Bank, HCL Technologies, Reliance Industries, Wipro, IndusInd Bank, Infosys, Power Grid and HDFC twins. In contrast, Nestle, Maruti, Bharti Airtel, Tata Motors, ITC and Hindustan Unilever were among the gainers.

Rupee slips below 81 against US dollar for first time

Rupee slips below 81 against US dollar for first time

Rediff.com23 Sep 2022

The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong american currency and risk-off sentiment among investors. Forex traders said escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite. Further, the strength of the American currency in the overseas market, a negative trend in domestic equities, and risk-off moods amid escalation of geopolitical risk in Ukraine weighed on the local unit.

PIX: Parliament moves into its new home

PIX: Parliament moves into its new home

Rediff.com19 Sep 2023

In a historic transition, the Parliament moved into a swanky new complex on Tuesday, with Prime Minister Narendra Modi urging MPs to forget all past bitterness and start a new chapter and the introduction of the women's reservation bill taking centre stage.

Crypto firms see no long term impact of fall of US banks, investors unsure

Crypto firms see no long term impact of fall of US banks, investors unsure

Rediff.com15 Mar 2023

The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.

Banks Made Profits of Rs 1.57 Trillion!

Banks Made Profits of Rs 1.57 Trillion!

Rediff.com13 Sep 2022

If the banks throw caution to the winds for building loan books, the hydra-headed bad loans may resurface and spoil the party, warns Tamal Bandyopadhyay.

'Maun vrat on Manipur': Cong asks 3 questions to Modi

'Maun vrat on Manipur': Cong asks 3 questions to Modi

Rediff.com8 Aug 2023

As the lower house took up the motion moved by Gogoi, there were heated exchanges between the opposition and treasury benches after Parliamentary Affairs Minister Pralhad Joshi wondered why Rahul Gandhi's name as lead speaker was withdrawn at the last minute.

'You have started hating India': Cong hits back at Modi

'You have started hating India': Cong hits back at Modi

Rediff.com25 Jul 2023

Modi slammed the Indian National Developmental Inclusive Alliance (INDIA) as the most directionless the country has ever seen and cited reviled names, such as East India Company and Indian Mujahideen, to assert that people cannot be misled merely by the use of the country's name.

'Special place': 10 women MPs share memories of old Parliament

'Special place': 10 women MPs share memories of old Parliament

Rediff.com18 Sep 2023

The MPs representing various political parties offered heartfelt tributes to the building that has been the epicentre of India's democratic journey.

Parliament logjam can be resolved if Oppn ready to talk: Amit Shah

Parliament logjam can be resolved if Oppn ready to talk: Amit Shah

Rediff.com18 Mar 2023

Union Home Minister Amit Shah on Friday said the current logjam in Parliament could end if the Opposition and the government sit for a discussion and both move two steps forward.

Singapore's Shanmugaratnam joins club of PIO leaders dominating world politics

Singapore's Shanmugaratnam joins club of PIO leaders dominating world politics

Rediff.com2 Sep 2023

He is among several leaders of Indian heritage who have ascended to the highest echelon of public service globally.

Canada's allies were reluctant over its accusations against India: Report

Canada's allies were reluctant over its accusations against India: Report

Rediff.com20 Sep 2023

Weeks before Canada made an explosive allegation implicating Indian officials in the killing of Sikh separatist leader Hardeep Singh Nijjar, Canadian officials sought public condemnation of the murder from their allies, including the United States, but were met with reluctance, The Washington Post reported.

Govt, Oppn spar over who did more for space mission

Govt, Oppn spar over who did more for space mission

Rediff.com21 Sep 2023

During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.

Cong sticks to JPC demand, BJP objects to attack on PM

Cong sticks to JPC demand, BJP objects to attack on PM

Rediff.com8 Feb 2023

During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.

Women's quota to run for 15 years, includes SC/ST, unlikely for 2024 polls

Women's quota to run for 15 years, includes SC/ST, unlikely for 2024 polls

Rediff.com19 Sep 2023

The government on Tuesday introduced a constitutional amendment bill reserving 33 per cent seats for women in the Lok Sabha and state assemblies, reviving a proposal pending for years and blending history, politics and societal imperatives on the first day in the new Parliament building.

Inflation driven by external factors a BIG challenge for India, US

Inflation driven by external factors a BIG challenge for India, US

Rediff.com11 Nov 2022

India and the US on Friday expressed concern over high inflation which is being driven by external factors and has become a challenge for both the nations. Speaking at the US-India Businesses and Investment Opportunities, Finance Minister Nirmala Sitharaman said in India the inflation challenges are prompted more by external factors. "So while the number today is in a manageable range, the challenges are largely due to the import of crude.

RS adjourned amid ruling party ruckus over Rajasthan

RS adjourned amid ruling party ruckus over Rajasthan

Rediff.com4 Aug 2023

Rajya Sabha was adjourned for the day on Friday amid an uproar in the House over the issue of law and order situation in Rajasthan.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

Rising Interest Rates: What Scheme To Invest?

Rising Interest Rates: What Scheme To Invest?

Rediff.com2 Aug 2022

Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.

Trinamool, AAP, BRS, SP march with Congress against Modi govt

Trinamool, AAP, BRS, SP march with Congress against Modi govt

Rediff.com6 Apr 2023

Opposition parties, including the Congress, Trinamool Congress, Bharat Rashtra Party and Samajwadi Party, came together in a show of unity on Thursday and accused the Modi government of getting the second half of the budget session washed out, while asserting that if this attitude continues, the country will move towards a "dictatorship".

Ahead of Budget session, BJP plans nationalism campaign for masses

Ahead of Budget session, BJP plans nationalism campaign for masses

Rediff.com17 Feb 2016

Party leaders and workers will try to build up public opinion against the alleged anti-national activities in the central varsity and in support of action against people involved in it.

SC rejects plea against dismantling of INS Viraat

SC rejects plea against dismantling of INS Viraat

Rediff.com12 Apr 2021

The SC took note of the fact that the Ministry of Defence has refused to accept the representation of private firm Envitech Marine Consultants Pvt Ltd that the decommissioned aircraft carrier be preserved.

Ajay Banga poised to become World Bank chief unopposed

Ajay Banga poised to become World Bank chief unopposed

Rediff.com30 Mar 2023

Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious post. In February, President Joe Biden announced that the US would be nominating Banga to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history." The World Bank on Wednesday closed a month-long window for nominations for its next president, with no alternatives announced to 63-year-old Banga.

Sensex closes 415 points higher; crosses 60K

Sensex closes 415 points higher; crosses 60K

Rediff.com6 Mar 2023

Among Sensex stocks, Tata Motors rose the most by 2.79 per cent. NTPC, Reliance Industries, Infosys, TCS, HDFC twins, Tata Motors, ITC, Power Grid and Bajaj Finserv were among the major gainers. Tata Steel fell the most by 1.22 per cent. L&T, Sun Pharmaceuticals, IndusInd Bank and Ultratech Cement were among the losers.

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

Rediff.com8 Feb 2023

Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.

'Congress must make electoral adjustments'

'Congress must make electoral adjustments'

Rediff.com25 Apr 2023

'So must the Opposition where it is the dominant party in the state.' 'That is neither problematic nor impossible to achieve.'

Did Modi Ignore Sonia's Greeting?

Did Modi Ignore Sonia's Greeting?

Rediff.com8 Apr 2022

On Thursday, April 7, 2022, the Lok Sabha was adjourned sine die. MPs from the Treasury and Opposition benches met thereafter in the Speaker's chambers for an exercise in enforced bon homie.

Imran Khan skips no-confidence assembly session

Imran Khan skips no-confidence assembly session

Rediff.com9 Apr 2022

Very few members of the treasury benches were seen in attendance.

RIL raises $4 bn in India's largest-ever foreign currency bonds issue

RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Rediff.com6 Jan 2022

Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an Indian entity. The oil-to-telecom conglomerate plans to use the proceeds of the three tranche issues to retire existing borrowings. The issue was "nearly 3 times oversubscribed with a peak order book aggregating around $11.5 billion," the company said in a statement. This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd's $2.2 billion US dollar bonds issue of 2014.

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."

'Soul of democracy sucked out': Oppn to boycott new Parliament inauguration

'Soul of democracy sucked out': Oppn to boycott new Parliament inauguration

Rediff.com24 May 2023

Modi will inaugurate the new Parliament building on May 28 following an invitation by Lok Sabha Speaker Om Birla.

Trust of crores of people my shield against Oppn abuse, says Modi in LS

Trust of crores of people my shield against Oppn abuse, says Modi in LS

Rediff.com8 Feb 2023

Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.