News for 'New Development Bank'

Leverage moderating across Adani firms: BofA

Leverage moderating across Adani firms: BofA

Rediff.com12 Nov 2025

The Adani group, which operates across multiple infrastructure sectors, with 12 listed entities in India and a combined market capitalisation of about $200 billion, remains "anchored by strong assets and robust cash flows", according to a Bank of America (BofA) report.

Bihar doesn't want 'katta sarkar': Modi repeats jibe

Bihar doesn't want 'katta sarkar': Modi repeats jibe

Rediff.com8 Nov 2025

Prime Minister Narendra Modi on Saturday claimed that people were not voting for the Rashtriya Janata Dal-helmed opposition in Bihar as they fear that if voted to power, its regime will 'put katta to their heads and order them to hold their hands up'.

Sporadic violence in Bangladesh ahead of Hasina verdict

Sporadic violence in Bangladesh ahead of Hasina verdict

Rediff.com17 Nov 2025

Sporadic violence erupts across Bangladesh as the nation awaits a special tribunal verdict against former Prime Minister Sheikh Hasina in a case of alleged crimes against humanity. Security is heightened, and authorities are on high alert.

'Kerala Has Done Very Well In Eradicating Poverty'

'Kerala Has Done Very Well In Eradicating Poverty'

Rediff.com26 Nov 2025

'Poverty eradication is a continuous process. There is no full stop to it.'

India makes 85% of digital payment through UPI: RBI Guv Malhotra

India makes 85% of digital payment through UPI: RBI Guv Malhotra

Rediff.com16 Oct 2025

About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

How Your Grievances Can Be Fixed!

How Your Grievances Can Be Fixed!

Rediff.com14 Oct 2025

CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.

Was US India's Ally Or Foe In The 1962 War?

Was US India's Ally Or Foe In The 1962 War?

Rediff.com18 Nov 2025

What appeared to be a generous act of friendship was, in truth, a manoeuvre within a much larger strategic game. The United States used the 1962 war not just to aid India but to test how far it could be pulled into the Western fold, points out Dr Kumar.

'We Have To Blame Ourselves, Not Macaulay'

'We Have To Blame Ourselves, Not Macaulay'

Rediff.com27 Nov 2025

'We kept importing educational models from outside that had no connection to our cultural and intellectual strengths.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Nov 2025

Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Stock markets would remain closed on Wednesday for the Guru Nanak Gurpurab holiday.

ISRO's 'Bahubali' rocket injects heaviest satellite in orbit

ISRO's 'Bahubali' rocket injects heaviest satellite in orbit

Rediff.com2 Nov 2025

The heaviest communication satellite to be launched from the Indian soil onboard a new generation, homegrown 'Bahubali' rocket was successfully placed into the intended orbit on Sunday, the Indian Space Research Organisation said.

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Rediff.com18 Oct 2025

A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.

'Why Would A Doctor Become A Suicide Bomber?'

'Why Would A Doctor Become A Suicide Bomber?'

Rediff.com21 Nov 2025

'Why would a highly qualified doctor with a promising future choose to wage war against his own country?'

Gopichand Hinduja dies in London at 85

Gopichand Hinduja dies in London at 85

Rediff.com4 Nov 2025

Gopichand P Hinduja, chairman of globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as 'GP' in business circles, Gopichand P. Hinduja was unwell for past few weeks and died in a London hospital, they said.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com20 Oct 2025

Equity market investors would track global trends, foreign fund movement and quarterly earnings in a holiday-shortened week ahead, analysts said. Stock exchanges BSE and NSE will conduct a special Muhurat trading session on Tuesday, October 21.

FinMin Pushes RBI for Faster Fraud Shield

FinMin Pushes RBI for Faster Fraud Shield

Rediff.com8 Oct 2025

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions.

Sebi chief slams repeated outages at exchanges

Sebi chief slams repeated outages at exchanges

Rediff.com4 Nov 2025

Days after an outage at MCX, Sebi chairman Tuhin Kanta Pandey on Tuesday expressed his displeasure over "repeated" instances of breakdowns at exchanges.

Pak turns to ADB for $7 bn railway funding after China backs out

Pak turns to ADB for $7 bn railway funding after China backs out

Rediff.com29 Aug 2025

Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.

An OC Is A Must When You Buy A Home

An OC Is A Must When You Buy A Home

Rediff.com4 Nov 2025

For homebuyers, the OC is not just an administrative formality but the very basis of lawful possession. Without it, the property is deemed unauthorised, exposing buyers to risks such as eviction, denial of utilities, or even demolition.

UPI Goes Global, Fintech Hits A Wall

UPI Goes Global, Fintech Hits A Wall

Rediff.com1 Nov 2025

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'

Missing Thackerays And A Bulldozer At Marathi School

Missing Thackerays And A Bulldozer At Marathi School

Rediff.com21 Nov 2025

If the Thackerays don't save a Marathi school in their backyard, who will, wonders Syed Firdaus Ashraf.

Time To Raise Health Insurance Cover

Time To Raise Health Insurance Cover

Rediff.com17 Nov 2025

'Buy early and review the sum insured regularly.'
'Combining individual or family policies with corporate cover, along with top-ups and wellness programmes, can help maintain strong health protection throughout life.'

Kashi Dazzles With Over 2,600,000 Diyas

Kashi Dazzles With Over 2,600,000 Diyas

Rediff.com6 Nov 2025

Once a quiet riverside ritual, Dev Deepawali has evolved into UP's largest soft-power spectacle -- merging faith, art, enterprise into a global cultural brand that reflects state's growing confidence.

'Hidma's Death Is Death Of Maoist Insurgency'

'Hidma's Death Is Death Of Maoist Insurgency'

Rediff.com20 Nov 2025

'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'

India Inc hits bond mkt to raise over Rs 17,500 cr

India Inc hits bond mkt to raise over Rs 17,500 cr

Rediff.com15 Oct 2025

Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

Fitch raises India's FY26 GDP forecast to 6.9%

Fitch raises India's FY26 GDP forecast to 6.9%

Rediff.com10 Sep 2025

Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9 per cent for current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led demand.

Nehru's Journey: 12 Historic Places

Nehru's Journey: 12 Historic Places

Rediff.com14 Nov 2025

As we celebrate the 136th anniversary of Jawaharlal Nehru's birth, let's embark on a journey to places in India, and across the world, that had a connection with India's first prime minister.

'Bihar Supplies Labour To The World...'

'Bihar Supplies Labour To The World...'

Rediff.com12 Nov 2025

'...yet struggles to convert that human capital into domestic productivity.'

'We Forced NDA To Talk About Jobs'

'We Forced NDA To Talk About Jobs'

Rediff.com13 Nov 2025

'When the BJP wanted the election to focus on 'ghuspathiya' and promises that look like pies in the sky, we forced them to talk about jobs, giving free 125 units of power, and addressing women's indebtedness.'

New Development Bank: A good move for infrastructure financing

New Development Bank: A good move for infrastructure financing

Rediff.com21 Aug 2014

Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.

India to go dry soon, warns Asian Development Bank

India to go dry soon, warns Asian Development Bank

Rediff.com20 Aug 2014

India's per capita average annual water availability is reducing.

Smallcaps Face Their Toughest Samvat Yet

Smallcaps Face Their Toughest Samvat Yet

Rediff.com18 Oct 2025

'Defence, capital goods, engineering, capital market-related stocks, autos, and cement sectors are my bullish bets for Samvat 2082.'

'NPS Will Exceed 30% Growth This Financial Year'

'NPS Will Exceed 30% Growth This Financial Year'

Rediff.com17 Oct 2025

'The informal sector can grow at a 100 per cent rate -- we have to plan big.'

RJD pointed a katta at Cong's head: Modi in Bihar

RJD pointed a katta at Cong's head: Modi in Bihar

Rediff.com2 Nov 2025

Prime Minister Narendra Modi on Sunday claimed that the Congress had been unwilling to accept Tejashwi Yadav as the Indian National Developmental Inclusive Alliance (INDIA) chief ministerial candidate and relented only after the Rashtriya Janata Dal pointed a 'katta', an unlicensed country-made gun, at its head.

BJP files complaint against Rahul Gandhi over remarks on PM

BJP files complaint against Rahul Gandhi over remarks on PM

Rediff.com31 Oct 2025

The BJP has filed a complaint with the Election Commission against Rahul Gandhi for his alleged derogatory remarks against Prime Minister Narendra Modi during recent rallies in Bihar.

'Educated Youth Voted RJD, Uneducated Youth Voted JD-U'

'Educated Youth Voted RJD, Uneducated Youth Voted JD-U'

Rediff.com19 Nov 2025

'When you compare Bihar's poverty from its earlier times, then there is a huge difference. Things have improved a lot. And migration has played an important role in reducing poverty.'

'BJP Isn't Undefeatable In North India, But...'

'BJP Isn't Undefeatable In North India, But...'

Rediff.com19 Nov 2025

'...the electoral playing field is tilted significantly in its favour.'