News for 'New Development Bank'

Abhishek Banerjee Accuses BJP Of False Promises

Abhishek Banerjee Accuses BJP Of False Promises

Rediff.com21 Apr 2026

TMC leader Abhishek Banerjee criticised the BJP for not fulfilling its promises to the people of West Bengal, highlighting the success and continuation of the state's 'Lakshmir Bhandar' scheme.

Himachal Pradesh: Duo Booked For Visa Fraud

Himachal Pradesh: Duo Booked For Visa Fraud

Rediff.com24 Apr 2026

Two individuals have been booked for allegedly defrauding a young man of Rs 20 lakhs under the guise of arranging a student visa for overseas education, according to police reports.

Variations very important for bowlers in T20 cricket: Prasidh Krishna

Variations very important for bowlers in T20 cricket: Prasidh Krishna

Rediff.com15 May 2026

Gujarat Titans pacer Prasidh Krishna discusses the importance of bowlers developing variations to combat the dominance of batters in the high-scoring environment of T20 cricket, emphasising the need for adaptability and skill execution.

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

SFBs' universal licence dream: It's a long road ahead

SFBs' universal licence dream: It's a long road ahead

Rediff.com23 Apr 2026

The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Rediff.com26 Apr 2026

A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.

What I Expect From A BJP Government In Bengal

What I Expect From A BJP Government In Bengal

Rediff.com6 May 2026

The BJP must respect Bengal's pluralistic ethos and with this historic mandate give the state the constructive change it truly deserves, expects Kolkata native Payal Singh Mohanka.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

India deplores attacks on ships in Strait of Hormuz at UNSC

India deplores attacks on ships in Strait of Hormuz at UNSC

Rediff.com29 Apr 2026

India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.

Ready for 'negotiations with dignity': Iranian Prez

Ready for 'negotiations with dignity': Iranian Prez

Rediff.com11 May 2026

Iranian President Masoud Pezeshkian stated that Iran is considering various paths to address regional tensions, including negotiations conducted with dignity and authority, while emphasising that military gains should be reinforced through diplomacy.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com13 May 2026

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

Vivo X300: Snapdragon 8 Gen 5, 200 MP Camera

Vivo X300: Snapdragon 8 Gen 5, 200 MP Camera

Rediff.com8 May 2026

The flagship Vivo X300 Ultra features a 6.82-inch 2K LTPO AMOLED display, the Snapdragon 8 Elite Gen 5 processor, a ZEISS-co-engineered 200MP triple camera system, and a 5800 mm vapour cooling system.

Industrial credit growth may clock 9-13% in H1CY26

Industrial credit growth may clock 9-13% in H1CY26

Rediff.com20 Apr 2026

The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.

India Post To Modernise Logistics Infrastructure

India Post To Modernise Logistics Infrastructure

Rediff.com7 May 2026

The government is planning a postal logistics infrastructure upgrade for India Post to modernise parcel facilities, aligning them with those in developed nations, according to Communications Minister Jyotiraditya Scindia.

Indian markets brace for volatility amid RBI policy, West Asia tensions

Indian markets brace for volatility amid RBI policy, West Asia tensions

Rediff.com5 Apr 2026

The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

TMC's Jyotipriya Mallick Discloses Assets Worth Over Rs 1.97 Crore in Election Affidavit

TMC's Jyotipriya Mallick Discloses Assets Worth Over Rs 1.97 Crore in Election Affidavit

Rediff.com7 Apr 2026

TMC candidate Jyotipriya Mallick, embroiled in a ration distribution scam case, declares assets worth over Rs 1.97 crore in his election affidavit, including details of his income, properties, and investments.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin. The arrest follows extensive surveillance and coordinated operations targeting transnational drug trafficking networks along the India-Myanmar border.

Abhishek Banerjee Accuses BJP Of False Promises In Bengal Poll Rally

Abhishek Banerjee Accuses BJP Of False Promises In Bengal Poll Rally

Rediff.com21 Apr 2026

TMC leader Abhishek Banerjee criticised the BJP for not fulfilling its promises, highlighting the continuation of West Bengal's welfare schemes and challenging the BJP to implement similar initiatives in their ruled states.

RBI mandates faster credit of inward remittances

RBI mandates faster credit of inward remittances

Rediff.com10 Apr 2026

The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.

Modi takes boat ride in Hooghly River, clicks photos

Modi takes boat ride in Hooghly River, clicks photos

Rediff.com24 Apr 2026

Prime Minister Narendra Modi took a boat ride on the Hooghly river in Kolkata, reaffirming his commitment to the development of West Bengal and the prosperity of its people. He shared photographs of the trip on social media, highlighting the cultural significance of the Ganga river for Bengalis.

NEET-UG 2026 Scrapped: What Students Must Do Now

NEET-UG 2026 Scrapped: What Students Must Do Now

Rediff.com12 May 2026

Based on the official NTA statement and government directives issued on Tuesday, May 12, 2026, here is a guide for students and parents about what they can do now.

RBI UPI Delay Plan Gets Banker Backing

RBI UPI Delay Plan Gets Banker Backing

Rediff.com21 Apr 2026

'It is a tradeoff between convenience and fraud prevention.'

Modi: TMC's 'Jungle Raj' In Bengal To End On May 4

Modi: TMC's 'Jungle Raj' In Bengal To End On May 4

Rediff.com23 Apr 2026

Prime Minister Narendra Modi asserted that the TMC's governance in West Bengal is nearing its end, citing corruption and unfulfilled promises. He highlighted the BJP's commitment to development and security, particularly for the fisherfolk and against infiltration.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Rediff.com20 Apr 2026

Indian benchmark indices, Sensex and Nifty, closed almost unchanged in a volatile session as investors reacted cautiously to mounting geopolitical headwinds and a significant jump in crude oil prices, with Brent crude surging to USD 94.68 per barrel.

Why Abhishek Banerjee Accuses BJP Of False Promises

Why Abhishek Banerjee Accuses BJP Of False Promises

Rediff.com21 Apr 2026

TMC leader Abhishek Banerjee criticised the BJP for not fulfilling its promises, highlighting the continuation of West Bengal's welfare schemes and challenging the BJP to match them in their ruled states.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin across the India-Myanmar border. The arrest follows extensive surveillance and investigations into transnational drug trafficking networks.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com8 Apr 2026

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'