News for 'National Treasury'

Gold surges Rs 4,000 to fresh lifetime high of Rs 1.37 lakh/10g

Gold surges Rs 4,000 to fresh lifetime high of Rs 1.37 lakh/10g

Rediff.com15 Dec 2025

Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,33,600 per 10 grams on Friday.

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Rediff.com9 Feb 2026

'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

Was Maduro's Capture A Warning Shot To China?

Was Maduro's Capture A Warning Shot To China?

Rediff.com24 Jan 2026

China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.

Fix a time, let's close Nehru chapter: Priyanka to Modi

Fix a time, let's close Nehru chapter: Priyanka to Modi

Rediff.com8 Dec 2025

Congress MP Priyanka Gandhi Vadra challenged Prime Minister Narendra Modi to a Lok Sabha debate on Jawaharlal Nehru's 'mistakes' to address criticisms and focus on current issues like unemployment and inflation.

'Will take care of it': Trump targets India over 'rice dumping'

'Will take care of it': Trump targets India over 'rice dumping'

Rediff.com9 Dec 2025

US President Donald Trump has said that India should not be "dumping" rice into the United States market and he will "take care" of it, while stressing that tariffs will solve the "problem" easily.

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Rediff.com6 Nov 2025

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.

J-K assembly erupts over BJP MLA's 'nationalist Hindus' remark

J-K assembly erupts over BJP MLA's 'nationalist Hindus' remark

Rediff.com29 Oct 2025

The Jammu and Kashmir legislative Assembly was disrupted after a BJP MLA alleged the government was neglecting some Kishtwar areas because "nationalist Hindus" reside there. The remarks were deemed communal by other members, leading to a heated debate.

BJP committing 'big sin': Priyanka on Vande Mataram row

BJP committing 'big sin': Priyanka on Vande Mataram row

Rediff.com8 Dec 2025

In a measured but scathing attack, Congress MP Priyanka Gandhi Vadra on Monday accused the Bharatiya Janata Party of committing a 'big sin' by creating a controversy over Vande Mataram and claimed that the government pushed for a debate on the national song as the West Bengal assembly polls were approaching.

US sanctions Indian national for shipping Iranian oil

US sanctions Indian national for shipping Iranian oil

Rediff.com11 Apr 2025

The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.

SA Treasury checks MTN application on Bharti

SA Treasury checks MTN application on Bharti

Rediff.com3 Sep 2009

The South African Treasury is processing an application from telecom major MTN related to various exchange control regulations for the proposed transaction with Bharti Airtel.

Rs 14,000 crore from World Bank used in Bihar polls: Jan Suraaj

Rs 14,000 crore from World Bank used in Bihar polls: Jan Suraaj

Rediff.com16 Nov 2025

Jan Suraaj Spokesperson and one of the key architects of the Party, Pavan Verma, levelled serious allegations that funds from the World Bank meant for some other project were diverted for the Bihar Assembly elections by the central government and distributed to women voters in the state.

Trump says US will bring 'tariffs down at some point'

Trump says US will bring 'tariffs down at some point'

Rediff.com11 Nov 2025

The US is "pretty close" to reaching a "fair trade deal" with India, President Donald Trump has said, adding that he will lower the tariffs imposed on Indian goods at "some point".

Structural gains, valuation support positive for PSU bank stocks

Structural gains, valuation support positive for PSU bank stocks

Rediff.com7 Oct 2025

Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.

US sanctions Indian companies over Iran oil trade

US sanctions Indian companies over Iran oil trade

Rediff.com31 Jul 2025

The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.

'We will come together': Trump official amid tariffs

'We will come together': Trump official amid tariffs

Rediff.com27 Aug 2025

Describing the India-United States relationship as 'very complicated', US Treasury Secretary Scott Bessent on Wednesday hoped that 'at the end of the day, we will come together.'

US warns: Tariffs on India could go up if...

US warns: Tariffs on India could go up if...

Rediff.com14 Aug 2025

United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if 'things don't go well' during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.

Pak ex-PM Imran Khan likely to be released from jail on June 11

Pak ex-PM Imran Khan likely to be released from jail on June 11

Rediff.com8 Jun 2025

The Islamabad high court is set to hear the petitions requesting the suspension of sentences to Khan and his wife Bushra Bibi in the 190 million Pound Al-Qadir Trust case on June 11.

Trump introduces 'Gold Card' for permanent US residency

Trump introduces 'Gold Card' for permanent US residency

Rediff.com20 Sep 2025

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.

Imposed tariffs on India for...: Trump admin tells SC

Imposed tariffs on India for...: Trump admin tells SC

Rediff.com4 Sep 2025

The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products as part of its strategy to address the war in Ukraine.

BJP wants to 'turn West Bengal into its colony': Mamata

BJP wants to 'turn West Bengal into its colony': Mamata

Rediff.com4 Sep 2025

West Bengal Chief Minister Mamata Banerjee accused the BJP-led Union government of compromising India's prestige before foreign powers, alleging a 'dictatorial mindset' and attempts to turn West Bengal into a 'colony'.

US court calls tariffs illegal, Trump doubles down

US court calls tariffs illegal, Trump doubles down

Rediff.com30 Aug 2025

As one of the federal appeal courts in the United States ruled that most of tariffs imposed by Trump administration are not accordance with the laws, US President Donald Trump on Friday (local time) affirmed that all tariffs imposed on the countries will remain in effect, calling a recent ruling by a 'highly Partisan Appeals Court' incorrect.

Pak brought to its knees 'in the blink of an eye': Modi

Pak brought to its knees 'in the blink of an eye': Modi

Rediff.com17 Sep 2025

Prime Minister Narendra Modi addressed a gathering in Dhar, Madhya Pradesh, praising Indian soldiers and promoting the use of 'Swadeshi' goods. He also launched health and nutrition campaigns aimed at women and children.

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Rediff.com22 Sep 2025

Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

Impose tariffs on countries purchasing Russian oil: US to G7

Impose tariffs on countries purchasing Russian oil: US to G7

Rediff.com13 Sep 2025

The statement did not name any country. But the US has often blamed India and China for purchasing Russian oil even when there are no tariffs on Beijing for it.

Trump's $100K H-1B visa hike hits Indian workers hard

Trump's $100K H-1B visa hike hits Indian workers hard

Rediff.com20 Sep 2025

The Trump administration has announced a massive increase in H-1B visa fees, imposing a $100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.

Will Trump Pull The Plug On Russian Oil Sanctions?

Will Trump Pull The Plug On Russian Oil Sanctions?

Rediff.com27 Oct 2025

Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.

Gold surges Rs 5,080 to hit fresh peak of Rs 1.12 lakh/10 g in Delhi

Gold surges Rs 5,080 to hit fresh peak of Rs 1.12 lakh/10 g in Delhi

Rediff.com9 Sep 2025

Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.

Imran Khan arrested for corruption, causing loss to treasury: Pak minister

Imran Khan arrested for corruption, causing loss to treasury: Pak minister

Rediff.com9 May 2023

Pakistan's Interior Minister Rana Sanaullah on Tuesday said that former prime minister Imran Khan was arrested for causing loss to the national treasury in a corruption case.

Trump threw away ties with India for ....: US ex-NSA Sullivan

Trump threw away ties with India for ....: US ex-NSA Sullivan

Rediff.com2 Sep 2025

Sullivan remarks come amid the rising friction between Washington and New Delhi due to the 50 percent tariffs imposed on Indian goods, which include a 25 percent penalty for buying Russian oil.

Trump imposed sanctions on India to bring...: White House

Trump imposed sanctions on India to bring...: White House

Rediff.com20 Aug 2025

White House press secretary Karoline Leavitt on Tuesday once again claimed that United States President Donald Trump has ended the military conflict between India and Pakistan.

Trump hits back with 125% tariffs on China; 90-day relief for 75 nations

Trump hits back with 125% tariffs on China; 90-day relief for 75 nations

Rediff.com10 Apr 2025

The move by the US President came following a retaliatory move by China, where it increased its tariff on US goods from 34 per cent to 84 per cent starting April 10.

US may hold back secondary tariffs on India, says Trump

US may hold back secondary tariffs on India, says Trump

Rediff.com16 Aug 2025

There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.

Nadda apologises to Kharge in LS for 'mental balance' remark

Nadda apologises to Kharge in LS for 'mental balance' remark

Rediff.com29 Jul 2025

The Rajya Sabha witnessed heated exchanges between the Opposition and treasury benches after Leader of the House J P Nadda made some objectionable remarks against Leader of the Opposition Mallikarjun Kharge that he later withdrew and apologised.

Why I Want Parliament To Call Trump 'Greatest Liar Of The 21st Century'

Why I Want Parliament To Call Trump 'Greatest Liar Of The 21st Century'

Rediff.com1 Aug 2025

'Ordinary Indians are not happy with the tone and tenor of the American president.'

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Rediff.com16 Aug 2025

The US House Foreign Affairs Committee Democrats stated that imposing tariffs on India will not deter Russian President Vladimir Putin or address Russia's invasion of Ukraine.

Have mechanism to deal with US sanctions on India: Russia

Have mechanism to deal with US sanctions on India: Russia

Rediff.com20 Aug 2025

Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday.

'China, EU buy more': Jaishankar rejects criticism on Russian oil

'China, EU buy more': Jaishankar rejects criticism on Russian oil

Rediff.com21 Aug 2025

External Affairs Minister S Jaishankar defends India's purchase of Russian oil, stating it is not the largest purchaser and that the US had previously supported such actions to stabilize energy markets. He also addresses concerns about tariffs and trade relations with the US.

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

Rediff.com2 Sep 2025

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.