News for 'National Treasury'

Outlook is sombre for Indian banks

Outlook is sombre for Indian banks

Rediff.com7 Jul 2015

In the April-June period, bond yields rose by 30 bps.

BJP, Opposition join hands to get quota bill passed in LS

BJP, Opposition join hands to get quota bill passed in LS

Rediff.com10 Aug 2021

The Lok Sabha on Tuesday passed the Constitution amendment bill to restore the power of states to make their own OBC lists after a thaw in the logjam as Opposition parties backed the legislation but demanded the removal of the 50 per cent cap on reservation, with many of them also calling for a caste-based census.

The Real Hero of the Economic Reforms

The Real Hero of the Economic Reforms

Rediff.com9 Jul 2021

It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.

India trims exposure to US govt securities at $57 billion

India trims exposure to US govt securities at $57 billion

Rediff.com23 Oct 2013

The country has reduced its holding of American treasury bills by as much as $1.9 billion compared to July when it stood at $58.9 billion.

US slaps sanctions on Syria

US slaps sanctions on Syria

Rediff.com30 Jun 2011

One of the four major branches of Syria's security forces, the Syrian Political Security Directorate, was designated for engaging in the commission of human rights abuses in Syria.

India's holdings of US securities touch 1-year high of $72.9bn

India's holdings of US securities touch 1-year high of $72.9bn

Rediff.com19 Aug 2014

In June 2013, the same stood at $ 61.2 billion. In April, the holding stood at $ 68.7 billion.

Sitharaman promises to ease KYC norms for FPIs

Sitharaman promises to ease KYC norms for FPIs

Rediff.com5 Jul 2019

Among other proposals, she said NRI portfolio route would be merged with the FPI route for seamless investment in stock markets.

Pakistan bans Hafiz Saeed-led JuD and its charity wing

Pakistan bans Hafiz Saeed-led JuD and its charity wing

Rediff.com21 Feb 2019

The JuD is believed to be the front organisation for the Lashkar-e-Tayiba.

Tech Savvy IS chief recruiter in India named global terrorist by US

Tech Savvy IS chief recruiter in India named global terrorist by US

Rediff.com16 Jun 2017

This is for the first time that the US has slammed sanctions against an ISIS leader in India.

Obama appoints advisor McDonough as chief of staff

Obama appoints advisor McDonough as chief of staff

Rediff.com26 Jan 2013

United States President Barack Obama appointed Denis R McDonough, one of his top foreign policy advisors and longtime trusted aide as his next Chief of Staff.

BJP, Oppn seek to rally support as farm bills reach Rajya Sabha

BJP, Oppn seek to rally support as farm bills reach Rajya Sabha

Rediff.com20 Sep 2020

The numbers, however, appear to be in favour of the ruling dispensation to get these bills passed from Rajya Sabha, while the lower house has already cleared them despite a key NDA member Shiromani Akali Dal vehemently opposing them.

Diesel at 100!!!

Diesel at 100!!!

Rediff.com22 Mar 2021

'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.

6 Indian public sector banks will cease to exist from Wed

6 Indian public sector banks will cease to exist from Wed

Rediff.com31 Mar 2020

As per the mega consolidation plan, Oriental Bank of Commerce and United Bank of India will merge into Punjab National Bank (PNB); Syndicate Bank into Canara Bank; Andhra Bank and Corporation Bank into Union Bank of India; and Allahabad Bank into Indian Bank. Following this merger, PNB will become second largest after the SBI, Canara Bank fourth, Union Bank of India fifth and Indian Bank seventh biggest public sector lender.

Battle lines in Indian politics have been drawn

Battle lines in Indian politics have been drawn

Rediff.com3 Mar 2021

Not all change is good, but this one is, applauds Shekhar Gupta.

NEET row: 4 teachers suspended after student was asked to remove innerwear

NEET row: 4 teachers suspended after student was asked to remove innerwear

Rediff.com9 May 2017

Responding to concerns expressed by members of the House on the issue, Chief Minister Pinarayi Vijayan said he would bring the matter to the Centre's notice and that the police have been asked to examine the incidents.

US sells last stake in GM, exits controversial rescue

US sells last stake in GM, exits controversial rescue

Rediff.com10 Dec 2013

The US government, that invested $49.5 billion in the Detroit automaker to save thousands of jobs at the height of the financial crisis five years ago, lost about $10 billion, Treasury Secretary Jacob Lew said on Monday.

JuD chief Hafiz Saeed to face trial on December 7

JuD chief Hafiz Saeed to face trial on December 7

Rediff.com30 Nov 2019

The cases have been registered in Lahore, Gujranwala and Multan for collection of funds for terror financing through assets/properties made and held in the names of Trusts/ Non Profit Organisations including Al-Anfaal Trust, Dawatul Irshad Trust and Muaz Bin Jabal Trust.

Stunning photos in the running for Nat Geo travel photo contest

Stunning photos in the running for Nat Geo travel photo contest

Rediff.com8 Apr 2019

National Geographic's Travel Photo Contest is open for entries and has already attracted incredible snaps from across the globe. Week 2 of the contest include images of a newborn lion being carried to safety in the jaws of its mother, a daredevil slackliner in the USA, and a penguin being chased by a fur seal. The international competition runs from 18 March to 3 May, with budding photographers able to enter their work in one of three categories: nature, cities and people.

Trump signs new order targeting North Korea's trade partners

Trump signs new order targeting North Korea's trade partners

Rediff.com21 Sep 2017

He praised the "very bold move" taken by China's central bank to stop financial transactions with North Korea.

Trump abruptly escorted from presser after shooting near White House

Trump abruptly escorted from presser after shooting near White House

Rediff.com11 Aug 2020

Trump returned to the briefing room minutes later, confirming a shooting near the White House and assured the reporters that things were under control.

Borrowing limit raised, but states remain cautious

Borrowing limit raised, but states remain cautious

Rediff.com19 May 2020

Going by the strict criteria set, only Maharashtra, Tamil Nadu, Gujarat, Karnataka, Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, and Haryana qualify for such extra borrowing, as of now.

Hafiz Saeed's arrest result of US 'great pressure': Trump

Hafiz Saeed's arrest result of US 'great pressure': Trump

Rediff.com18 Jul 2019

'After a ten year search, the so-called 'mastermind' of the Mumbai Terror attacks has been arrested in Pakistan. Great pressure has been exerted over the last two years to find him!' said Trump who is scheduled to meet Khan at his Oval Office on Monday, July 22.

Modi, Shah, Rahul, Uddhav among star campaigners for Bihar polls

Modi, Shah, Rahul, Uddhav among star campaigners for Bihar polls

Rediff.com9 Oct 2020

The Election Commission has reduced maximum number of campaigners for the recognised parties to 30 while for the unrecognised parties it would be not more than 20 in view of coronavirus pandemic, Additional Chief Electoral Officer (ACEO) Sanjay Kumar Singh said on Friday. The maximum number was earlier fixed at 40 for everybody.

Is US living on borrowed money? Its debt = $15 trillion

Is US living on borrowed money? Its debt = $15 trillion

Rediff.com22 May 2012

The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies.

Why benchmark rate for bank loans is still an illusion

Why benchmark rate for bank loans is still an illusion

Rediff.com13 Mar 2019

None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.

Sena stages walkout before voting on CAB

Sena stages walkout before voting on CAB

Rediff.com11 Dec 2019

The party had supported CAB in Lok Sabha. Sena MP said the govt did not give satisfactory answers to the concerns raised by the party.

BJP MLA who 'received Lalu's call' files FIR against him

BJP MLA who 'received Lalu's call' files FIR against him

Rediff.com27 Nov 2020

Lalan Kumar Paswan, who lodged the FIR with the vigilance department, held that the RJD chief's alleged act was tantamount to 'corruption' since, as a member of the legislative assembly, he was a 'public servant' whom Yadav had tried to entice away from 'performing the constitutional obligation of taking part in voting in the House'.

Ruckus in JK Assembly over NC worker's death

Ruckus in JK Assembly over NC worker's death

Rediff.com3 Oct 2011

Pandemonium broke out on Monday in the Jammu and Kashmir Assembly over an adjournment motion moved by the Opposition People's Democratic Party to discuss the death of a National Conference worker allegedly in police custody.

PNB scam: CBI seeks details of nostro transactions from 5 banks

PNB scam: CBI seeks details of nostro transactions from 5 banks

Rediff.com26 Feb 2018

The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.

On Pak's request, UNSC allows Hafiz Saeed to withdraw money

On Pak's request, UNSC allows Hafiz Saeed to withdraw money

Rediff.com27 Sep 2019

Pakistan in a letter to UN Security Council 1267 Committee has contended that Hafiz Saeed supports a family of four members, as a sole supporter, he is responsible for food, drink and clothes expenses for all family members.

This is what America owes India, others!

This is what America owes India, others!

Rediff.com22 Jul 2011

Like all governments, the United States borrows hard cash through Treasury bonds.

MCX board approves appointment of 5 new directors

MCX board approves appointment of 5 new directors

Rediff.com23 Oct 2013

The board of directors at its meeting held on October 22, approved the said appointments, the exchange said in a regulatory filing on Wednesday.

Geithner calls for flexible exchange rates

Geithner calls for flexible exchange rates

Rediff.com8 Nov 2010

Complimenting India on maintaining market linked exchange rate, US Treasury Secretary Timothy Geithner on Monday asked other key economies to move toward flexible exchange rate regime.

New PlanCom might alter focus, structure of Centre's schemes

New PlanCom might alter focus, structure of Centre's schemes

Rediff.com9 Dec 2014

If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.

This government is for the poor: Top quotes from Modi@Mathura speech

This government is for the poor: Top quotes from Modi@Mathura speech

Rediff.com25 May 2015

Highlights from PM Modi's Mathura speech to mark one year in power.

China's forex reserves surge to a new high in 2013

China's forex reserves surge to a new high in 2013

Rediff.com15 Jan 2014

China's forex reserves witnessed an increase of $509.7, a 12.8 per cent rise from 2012, People's Bank of China said.

BJP faces flak for free Covid vaccine promise in Bihar

BJP faces flak for free Covid vaccine promise in Bihar

Rediff.com22 Oct 2020

Congress leader Rahul Gandhi took a swipe at the BJP, saying one has to refer to the state-wise election schedule to know when one will have access to the vaccine. The BJP, however, said health is a state subject and its manifesto is for Bihar, not for the entire country, where it has promised that the state will buy the vaccine for its people.

Why markets are headed for worst 2-month drop since FY16

Why markets are headed for worst 2-month drop since FY16

Rediff.com26 Mar 2018

The trade-war between the US and China is prompting investors to flee from risky assets, such as equities, to safe-haven bets, such as gold and treasuries

BJP at 69, Congress at 50 in Rajya Sabha after polls

BJP at 69, Congress at 50 in Rajya Sabha after polls

Rediff.com24 Mar 2018

However, a majority in the Council of States will continue to elude the BJP-led National Democratic Alliance.

Geithner calls for closer economic ties

Geithner calls for closer economic ties

Rediff.com7 Apr 2010

The visiting US treasury secretary Timothy F Geithner today said Washington will closely work with New Delhi to promote a more balanced and greater economic cooperation between the two nations.