News for 'National Treasury'

Indian-origin Rishi Sunak says he is running for British PM

Indian-origin Rishi Sunak says he is running for British PM

Rediff.com8 Jul 2022

Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.

If talks can happen with China, why not with other neighbour: Farooq

If talks can happen with China, why not with other neighbour: Farooq

Rediff.com19 Sep 2020

"Border skirmishes have been rising and people are dying... A way has to be found to deal with this. Except for talks... As you are talking to China to attempt that it withdraws (from Ladakh border), we should also talk to our (other) neighbour to find a way to get out of this situation," he said in Lok Sabha during the Zero Hour amid protests from treasury benches.

Why Bank HRs Are Under Pressure Suddenly

Why Bank HRs Are Under Pressure Suddenly

Rediff.com10 Nov 2022

Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.

Attacking Congress in RS, Modi invokes 1984 riots, Kashmiri Pandits

Attacking Congress in RS, Modi invokes 1984 riots, Kashmiri Pandits

Rediff.com9 Feb 2022

"The Congress in a way is in the grip of urban Naxals. That is why its thought has become negative," Modi alleged in his 90-minute speech.

Lalu will get bail on Nov 9, Nitish's farewell next day: Tejashwi

Lalu will get bail on Nov 9, Nitish's farewell next day: Tejashwi

Rediff.com23 Oct 2020

The votes for the state assembly polls will be counted on November 10. Prasad is in judicial custody in Jharkhand capital Ranchi after his conviction in fodder scam cases. He was recently granted bail by the Jharkhand High Court in the case related to Chaibasa treasury but could not come out of jail as his bail plea in another case of fraudulent withdrawals from Dumka treasury is being heard.

Sensex rallies 558 pts on gains in RIL, HDFC Bank and L&T

Sensex rallies 558 pts on gains in RIL, HDFC Bank and L&T

Rediff.com27 Apr 2021

L&T was the top gainer in the Sensex pack, rising over 3 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank, SBI and HDFC Bank. NSE Nifty surged 168.05 points to 14,653.05.

Jhunjhunwala-backed Akasa Air to start flying from 2022

Jhunjhunwala-backed Akasa Air to start flying from 2022

Rediff.com12 Oct 2021

In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.

India among world's biggest stakeholders in US economy

India among world's biggest stakeholders in US economy

Rediff.com5 Sep 2013

Let's take a look at countries holding biggest stake in United States's Treasury securities.

In LS replay, govt, oppn unite to pass states OBC quota bill in Rajya Sabha

In LS replay, govt, oppn unite to pass states OBC quota bill in Rajya Sabha

Rediff.com11 Aug 2021

A constitutional amendment bill to restore the powers of the states to make their own OBC lists was passed by Parliament on Wednesday, with the opposition and treasury benches joining hands in the Rajya Sabha to approve the legislation.

Modi must speak more often in Parliament: Pranab in last book

Modi must speak more often in Parliament: Pranab in last book

Rediff.com5 Jan 2021

According to Mukherjee, the mere physical presence of the prime minister in Parliament makes a tremendous difference to the functioning of this institution.

Banking, public transport services hit on day 1 of Bharat bandh

Banking, public transport services hit on day 1 of Bharat bandh

Rediff.com29 Mar 2022

A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29 to protest against the government policies affecting workers, farmers, and people.

Don't bother about numbers: PM to Oppn ahead of LS session

Don't bother about numbers: PM to Oppn ahead of LS session

Rediff.com17 Jun 2019

Speaking to the media ahead of the commencement of the 17th Lok Sabha, Modi said he is hopeful that this session will be productive.

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Record 19 Oppn MPs suspended from RS for week after ruckus over price rise

Record 19 Oppn MPs suspended from RS for week after ruckus over price rise

Rediff.com26 Jul 2022

While seven of the suspended MPs belonged to the TMC, six were from the DMK, three from the Telangana Rashtra Samithi, two from the Communist Party of India-Marxist and one from the Communist Party of India.

Quoting Nehru, Modi singles out Congress in Lok Sabha speech

Quoting Nehru, Modi singles out Congress in Lok Sabha speech

Rediff.com8 Feb 2022

Replying to the debate in Lok Sabha on Motion of Thanks to President Ram Nath Kovind's address to the Parliament, Modi said the Congress' 'arrogance' has not gone away despite multiple electoral defeats and its 'misdeeds' seem to indicate that it has made up its mind not to come to power for the next 100 years.

Australian state allows sports fans back in stadiums

Australian state allows sports fans back in stadiums

Rediff.com9 Jun 2020

As Australia moves ahead with relaxing a lockdown to curb the spread of the coronavirus, a state government gave the all clear for more than 2,000 fans to attend an Australian Rules Football game at a stadium in Adelaide this weekend. Australia has suffered at least 102 COVID-19 deaths and about 7,200 infections, but it has not reported a death for more than a week, and new cases have dwindled to less than 20 daily.

Why the Afghans LOST the War

Why the Afghans LOST the War

Rediff.com16 Aug 2021

When corruption eats into the vitals of a nation, the State structures decompose and collapse. And when the leadership loses respect of the people, the war is lost, asserts Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.

Former Barca defender accused of links with Mexican drug lord

Former Barca defender accused of links with Mexican drug lord

Rediff.com10 Aug 2017

US sanctions Mexico captain Rafa Marquez for alleged drug ties 'I deny categorically any type of relation with this organization'

'Bengal, Kerala, Tamil Nadu will challenge BJP'

'Bengal, Kerala, Tamil Nadu will challenge BJP'

Rediff.com30 Apr 2021

'If Kerala votes back the LDF, if Tamil Nadu brings the DMK and if Bengal votes for the Trinamool, we will project a formidable opposition to the BJP.'

Indian-Americans taking over US, says Biden

Indian-Americans taking over US, says Biden

Rediff.com5 Mar 2021

Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.

How Kashmir internal issue, UN monitoring it: Cong leader

How Kashmir internal issue, UN monitoring it: Cong leader

Rediff.com6 Aug 2019

Union minister Mukhtar Abbas Naqvi said a "headless Congress" has now also become "brainless".

Meet Amit Khare, Modi's New Advisor

Meet Amit Khare, Modi's New Advisor

Rediff.com25 Oct 2021

His career as a bureaucrat has been somewhat colourless, which suggests his current elevation is simply a matter of being at the right place at the right time.

MHA guideline has 2-year jail term for violation of lockdown

MHA guideline has 2-year jail term for violation of lockdown

Rediff.com25 Mar 2020

The Union home ministry has issued strict guidelines for the enforcement of the 21-day complete nationwide lockdown in the wake of the covid-19 pandemic, invoking the National Disaster Management Act which may result in imprisonment of up to two years for any violation. All government offices, the offices of state and Union territory governments, autonomous institutions, public corporations, commercial, private, industrial establishments shall remain closed, the guidelines issued by the ministry said.

Oppn alleges leak of budget proposals to media ahead of presentation

Oppn alleges leak of budget proposals to media ahead of presentation

Rediff.com1 Feb 2019

Some members held placards of news reports about unemployment figures.

Another day of adjournments at RS as Opposition keeps up protest

Another day of adjournments at RS as Opposition keeps up protest

Rediff.com7 Dec 2021

Rajya Sabha proceedings were adjourned for the day on Tuesday after repeated stoppages as opposition members continued to protest demanding the revocation of suspension of 12 members.

Will enter into talks with all neighbours to bring peace: Imran Khan

Will enter into talks with all neighbours to bring peace: Imran Khan

Rediff.com20 Aug 2018

Khan stressed on taking austerity measures, working on tax reforms instead of taking loans, rooting out corruption.

Harris' win latest in growing list of desi lawmakers

Harris' win latest in growing list of desi lawmakers

Rediff.com8 Nov 2020

Countries across the world -- from the United States, the United Kingdom, Canada to Singapore and New Zealand, are witnessing phenomenal strides by Indian-origin politicians, who are now taking on influential and prominent roles in governments and cabinets.

Microsoft keen to buy TikTok in US

Microsoft keen to buy TikTok in US

Rediff.com3 Aug 2020

TikTok has stressed that its US user data is already stored on US-based servers and backed up in Singapore, and is therefore not subject to Chinese law as some US officials have feared.

10 stocks from 5 sectors to stay on Ferris wheel

10 stocks from 5 sectors to stay on Ferris wheel

Rediff.com13 Oct 2022

India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.

RS to take up triple talaq bill on Tuesday

RS to take up triple talaq bill on Tuesday

Rediff.com29 Jul 2019

The ruling BJP has issued a whip to its MPs, asking them to ensure their presence in the House.

26/11 mastermind Hafiz Saeed gets 10-year jail term

26/11 mastermind Hafiz Saeed gets 10-year jail term

Rediff.com19 Nov 2020

Saeed-led JuD is the front organisation for the Lashkar-e-Tayiba which is responsible for carrying out the 2008 Mumbai attack that killed 166 people, including six Americans.

Is The Taliban Breaking Away From Pakistan?

Is The Taliban Breaking Away From Pakistan?

Rediff.com18 Jan 2022

The Taliban's main challenge comes on the financial and economic front and there Pakistan doesn't have the capacity to be of any meaningful help, observes Ambassador M K Bhadrakumar.

Inflation situation 'very alarming': Kaushik Basu

Inflation situation 'very alarming': Kaushik Basu

Rediff.com22 Jul 2021

India's wholesale price-based inflation is at a 30-year high, leading to a "very alarming" situation for the country, former World Bank chief economist Kaushik Basu said on Thursday. He, however, doesn't see any risk of hyperinflation, but cautioned that if retail inflation follows wholesale prices, it might lead to "inflationary crisis". Participating in a virtual event organised by the Asia Society, India, Basu said the inflationary situation in India is at a "very risky bend".

India raises exposure to US govt securities at $70.1 bln in May

India raises exposure to US govt securities at $70.1 bln in May

Rediff.com17 Jul 2014

Foreign residents increased their holdings of long-term US securities in May; net purchases were $34.6 billion.

Banks' NPAs never went away, they were only hidden

Banks' NPAs never went away, they were only hidden

Rediff.com26 May 2022

Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.

Foreigner arrested for blast outside Hafiz Saeed's house

Foreigner arrested for blast outside Hafiz Saeed's house

Rediff.com25 Jun 2021

A foreign national has been arrested by Pakistani security agencies in connection with the car bomb blast outside the house of the 2008 Mumbai terror attack mastermind and chief of the banned Jamat-ud-Dawa (JuD) Hafiz Saeed in Lahore, according to media reports.

Pending probe, NSE sets aside Rs 4K-crore co-location revenue

Pending probe, NSE sets aside Rs 4K-crore co-location revenue

Rediff.com10 Aug 2020

The market watchdog had directed that pending completion of the probe, revenues from the co-location facility - starting September 2016 - be transferred to a separate bank account.

El Salvador's crypto foray offers a cautionary tale for other countries

El Salvador's crypto foray offers a cautionary tale for other countries

Rediff.com6 Oct 2021

The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.

Are Banks In Good Shape?

Are Banks In Good Shape?

Rediff.com19 Apr 2022

Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.

7 things that cost a lot more than Mangalyaan

7 things that cost a lot more than Mangalyaan

Rediff.com24 Sep 2014

The events of September 24 have not only earned the country a whole lot of interest but also showed the world how a lot more can be accomplished with a shoestring budget.