News for 'New Development Bank'

Sensex jumps 938 pts, Nifty settles above 23,400 on bargain buying

Sensex jumps 938 pts, Nifty settles above 23,400 on bargain buying

Rediff.com16 Mar 2026

Indian stock market benchmarks Sensex and Nifty rebounded by over 1% on Monday, driven by value-buying in banking stocks after a three-day slump. Key gainers included UltraTech Cement, HDFC Bank, and Mahindra & Mahindra.

Modi Vows to End 'Fear' and Corruption in West Bengal

Modi Vows to End 'Fear' and Corruption in West Bengal

Rediff.com9 Apr 2026

Prime Minister Narendra Modi criticised the Mamata Banerjee government in West Bengal, promising development, accountability, and an end to corruption if the BJP wins the upcoming assembly elections.

Tata Sons IPO Buzz Grows Amid Trust Rift

Tata Sons IPO Buzz Grows Amid Trust Rift

Rediff.com17 Apr 2026

If Tata Sons is listed, the special veto rights of Tata Trusts, under Article 121A, may have to go away.

Modi Accuses TMC of Appeasement Politics, Banerjee Alleges BJP's Delimitation Plot

Modi Accuses TMC of Appeasement Politics, Banerjee Alleges BJP's Delimitation Plot

Rediff.com12 Apr 2026

Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee engaged in a war of words during election rallies, with Modi accusing the TMC of supporting divisive forces and Banerjee alleging the BJP plans to divide the state.

Banerjee Promises to Drive BJP Out of Bengal, Then Delhi

Banerjee Promises to Drive BJP Out of Bengal, Then Delhi

Rediff.com2 Apr 2026

West Bengal Chief Minister Mamata Banerjee has vowed to remove the BJP from power in West Bengal and then at the national level, accusing the Election Commission of favouring the BJP and criticising the opposition parties.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

CBI Cracks Down on Builder-Financial Institution Nexus with Multi-State Raids

CBI Cracks Down on Builder-Financial Institution Nexus with Multi-State Raids

Rediff.com14 Apr 2026

The CBI conducted searches at 77 locations across eight states, registering 22 new cases related to a nexus between builders and financial institutions, allegedly defrauding homebuyers.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

Abhishek Banerjee Accuses BJP of Neglecting Balurghat Despite 'Double-Engine' Government

Abhishek Banerjee Accuses BJP of Neglecting Balurghat Despite 'Double-Engine' Government

Rediff.com31 Mar 2026

TMC leader Abhishek Banerjee criticised the BJP's development record in Balurghat, alleging neglect despite the constituency having a BJP MP and MLA. He challenged the BJP to present a report card of their work and compared it unfavourably to the TMC government's initiatives.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

PM Modi Blasts Mamata Banerjee's Government, Urges Voters to Oust TMC

PM Modi Blasts Mamata Banerjee's Government, Urges Voters to Oust TMC

Rediff.com9 Apr 2026

Prime Minister Narendra Modi criticised the Mamata Banerjee government in West Bengal, citing misrule and corruption, and urged voters to elect the BJP for development and progress.

Maharashtra Leaders Pay Tribute to Ambedkar's Legacy of Social Justice

Maharashtra Leaders Pay Tribute to Ambedkar's Legacy of Social Justice

Rediff.com14 Apr 2026

Maharashtra's Governor and Chief Minister, along with other state leaders, paid tribute to Dr. B.R. Ambedkar on his 135th birth anniversary, recognising his profound impact on social justice, equality, and the Indian Constitution.

Chautala Slams Haryana Government Over Crop Procurement Failures

Chautala Slams Haryana Government Over Crop Procurement Failures

Rediff.com10 Apr 2026

Former Haryana deputy chief minister Dushyant Chautala has criticised the state government for failing to ensure proper crop procurement arrangements and timely compensation for farmers affected by unseasonal rain.

'Real Issue Is Land, Not Religion In Assam'

'Real Issue Is Land, Not Religion In Assam'

Rediff.com5 May 2026

'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'

LIC Offices Open on Tuesday Following Irdai Advisory

LIC Offices Open on Tuesday Following Irdai Advisory

Rediff.com30 Mar 2026

LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.

World Bank flags how India failed to rein in debt in several states

World Bank flags how India failed to rein in debt in several states

Rediff.com5 Feb 2026

India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.

Haryana Police Unveils 'Abhedya' App to Tackle Cyber Threats

Haryana Police Unveils 'Abhedya' App to Tackle Cyber Threats

Rediff.com21 Mar 2026

The Haryana Police have launched 'Abhedya', a mobile application designed to curb cybercrime, extortion, and threatening calls. This initiative makes Haryana the first state in India to introduce such a measure, aiming to protect citizens from various forms of digital harassment.

As Iran Tensions Surge, India Leans On UAE

As Iran Tensions Surge, India Leans On UAE

Rediff.com13 Apr 2026

For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com3 Apr 2026

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

'Betrayed again': Modi accuses TMC of denying Bengal women 33% quota

'Betrayed again': Modi accuses TMC of denying Bengal women 33% quota

Rediff.com19 Apr 2026

Prime Minister Narendra Modi has accused the Trinamool Congress (TMC) of betraying women by obstructing the passage of the Constitution (131st Amendment) Bill, 2026, which aimed to reserve 33 per cent of seats in Parliament and state assemblies for women. Modi asserted that women in West Bengal would punish the TMC in the upcoming assembly elections.

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Rediff.com3 Apr 2026

Aranmula, Kerala, prepares for Assembly elections with a focus on development, health sector performance, and religious sentiments, as incumbent Health Minister Veena George faces challenges from Congress and BJP candidates.

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Rediff.com10 Apr 2026

The Hazaribag Superintendent of Police (SP) Office treasury scam has seen further developments with more arrests and a significant increase in the embezzlement amount to 28 crore. The investigation continues, with authorities pursuing leads in Bihar and freezing suspicious accounts.

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Rediff.com15 Apr 2026

Union Home Minister Amit Shah has promised to expel infiltrators from West Bengal and secure the border if the BJP wins the upcoming assembly elections. He accused Chief Minister Mamata Banerjee of neglecting North Bengal and favouring Muslims in budget allocations.

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Rediff.com19 Jan 2026

ICICI Bank, Eternal, Titan, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. However, InterGlobe Aviation, Tech Mahindra, Hindustan Unilever and Bajaj Finance were among the gainers.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.

Modi Vows to Transform Bengal with Six Guarantees

Modi Vows to Transform Bengal with Six Guarantees

Rediff.com9 Apr 2026

Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, criticising the TMC government and promising development and accountability.

TMC Leader Banerjee Criticises Modi Government's Economic Policies

TMC Leader Banerjee Criticises Modi Government's Economic Policies

Rediff.com3 Apr 2026

Senior TMC leader Abhishek Banerjee criticised the Modi government's economic policies, citing rising prices and hardships caused by demonetisation and lockdown measures during an election rally in West Bengal.

Why is it necessary for a Commodity trader to track metal prices daily?

Why is it necessary for a Commodity trader to track metal prices daily?

Rediff.com21 Apr 2026

Commodity markets, especially the metals, are among the most volatile segments of the Indian financial ecosystem. To traders involved in commodity trading, it is not only helpful to keep track of the daily price changes but also necessary to make informed trading decisions. Commodities like gold, silver, copper, and aluminium react to many different factors, which makes it imperative for commodity traders to watch out for metal prices every day.

Venugopal Files Defamation Suit Over Election Accusations

Venugopal Files Defamation Suit Over Election Accusations

Rediff.com5 Apr 2026

Congress leader K C Venugopal has filed a defamation complaint against a Haryana-based man, alleging politically motivated accusations ahead of the Kerala Assembly elections.

'Let's Think Of Around 15% Returns Over 12 Months'

'Let's Think Of Around 15% Returns Over 12 Months'

Rediff.com14 Apr 2026

'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'

Don't allow...: UP CM amid Noida workers' violence

Don't allow...: UP CM amid Noida workers' violence

Rediff.com15 Apr 2026

Adityanath had earlier referred to a conspiracy angle behind the violence during the protest, which is currently under police investigation.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Ashwini Vaishnaw: BJP to End TMC's 15-Year Rule in West Bengal

Ashwini Vaishnaw: BJP to End TMC's 15-Year Rule in West Bengal

Rediff.com7 Mar 2026

Railway Minister Ashwini Vaishnaw asserted that the BJP will form the government in West Bengal after the upcoming assembly elections, ending the Trinamool Congress's 15-year rule. He criticised the TMC for vote-bank politics, hindering development, and failing to protect women, while promising unprecedented development under a BJP government.

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Rediff.com31 Mar 2026

Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.

The Luv Kush Factor: Why BJP Picked Samrat Choudhary

The Luv Kush Factor: Why BJP Picked Samrat Choudhary

Rediff.com15 Apr 2026

The BJP will use Samrat Choudhary to make a dent into Nitish Kumar's traditional social support base of Kurmi and Koeri/Kushwaha communities.

Court Drops Corruption Charges in Guruashish Construction Cheating Case After CBI Report

Court Drops Corruption Charges in Guruashish Construction Cheating Case After CBI Report

Rediff.com12 Mar 2026

A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Rediff.com19 Mar 2026

Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.

Kerala heads to key polls: 2.71 cr voters to decide LDF-UDF-NDA contest

Kerala heads to key polls: 2.71 cr voters to decide LDF-UDF-NDA contest

Rediff.com9 Apr 2026

Kerala is set to hold its Assembly election, with the ruling LDF aiming for a historic third term, the UDF seeking a comeback, and the NDA striving to gain a foothold in the state's political landscape.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com20 Mar 2026

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.