News for 'New Development Bank'

How TCS And Mistral Will Deliver AI Solutions Globally

How TCS And Mistral Will Deliver AI Solutions Globally

Rediff.com28 May 2026

Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

Gaya's Vishnupad Corridor Project: 'Vikas Nahi, Vinash Hai'

Gaya's Vishnupad Corridor Project: 'Vikas Nahi, Vinash Hai'

Rediff.com16 May 2026

Priests see red over the Rs 2,390 crore project to overhaul infrastructure around one of Bihar's most significant pilgrimage site, particularly for those performing pind daan.

Kerala Cong MLA booked over corruption in bank appointments

Kerala Cong MLA booked over corruption in bank appointments

Rediff.com18 Oct 2025

The Vigilance and Anti-Corruption Bureau (VACB) has registered a case against Congress MLA I C Balakrishnan over alleged corruption in appointments at a local cooperative bank in Sultan Bathery. The allegation involves accepting bribes for facilitating appointments at the bank.

BRICS summit: Development bank to be finalised

BRICS summit: Development bank to be finalised

Rediff.com26 Nov 2012

South Africa's Deputy International Relations and Cooperation Minister Marius Fransman said this would give a major boost to some of the development needs of these countries.

Why Bengal Will Now Hand Over Infiltrators To BSF

Why Bengal Will Now Hand Over Infiltrators To BSF

Rediff.com21 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that Bangladeshi infiltrators detained in the state will be handed over to the BSF instead of being produced in courts, following a new rule. Instructions have been issued to the police and RPF to directly transfer detainees to the BSF at the Bangladesh border, with weekly reports submitted to the CMO.

Modi keen on early opening of New Development Bank's office in India

Modi keen on early opening of New Development Bank's office in India

Rediff.com15 Nov 2019

Modi also urged the BRICS Business Council to create a roadmap to achieve the $500 billion intra-BRICS trade target by the next summit.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com16 May 2026

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Rediff.com28 Apr 2026

Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.

Hand over Bangladeshi infiltrators to BSF, not courts, Suvendu tells police

Hand over Bangladeshi infiltrators to BSF, not courts, Suvendu tells police

Rediff.com21 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that Bangladeshi infiltrators detained in the state will be directly handed over to the BSF for deportation, bypassing court appearances, following a new rule.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

Rediff.com11 May 2026

The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.

Enforcement Directorate To Target Crypto Frauds, Terror Financing

Enforcement Directorate To Target Crypto Frauds, Terror Financing

Rediff.com1 May 2026

The Enforcement Directorate (ED) is shifting its focus to emerging financial crimes such as cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to Director Rahul Navin. The agency reported a high conviction rate and significant asset restitution to victims of financial fraud.

How UP Boosted Sugarcane Farmers' Income

How UP Boosted Sugarcane Farmers' Income

Rediff.com14 May 2026

The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.

Delhi Villages To Get Land Ownership Rights: What It Means

Delhi Villages To Get Land Ownership Rights: What It Means

Rediff.com20 Apr 2026

Residents of 31 villages in Delhi will soon receive ownership rights to their residential land within 'Lal Dora' limits, according to South Delhi BJP MP Ramvir Singh Bidhuri. Property cards will be issued to landowners, enabling them to secure bank loans.

Malicious actors staged DOS attacks on re-evaluation portal: CBSE

Malicious actors staged DOS attacks on re-evaluation portal: CBSE

Rediff.com2 Jun 2026

The CBSE reported that its re-evaluation portal faced a series of cyberattacks, including a denial-of-service attack, while students accessed the platform for verification and re-evaluation of answer books.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com27 May 2026

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

TMC's existential crisis: Can Mamata Banerjee's party survive the internal rebellion?

TMC's existential crisis: Can Mamata Banerjee's party survive the internal rebellion?

Rediff.com5 Jun 2026

A month after losing power in West Bengal and facing a rebellion by 58 MLAs, the Trinamool Congress (TMC) confronts an unprecedented challenge to Mamata Banerjee's absolute authority, raising questions about the party's survival and future.

Indian Engineer Investigated for Corruption After Discovery of 14 Crore in Assets

Indian Engineer Investigated for Corruption After Discovery of 14 Crore in Assets

Rediff.com11 Apr 2026

An Assistant Executive Engineer in Belagavi, India, is under investigation after the Lokayukta discovered disproportionate assets worth over 14 crore, including gold, silver, bank deposits, and properties.

Indian Engineer Investigated for Alleged Corruption After Discovery of Disproportionate Assets

Indian Engineer Investigated for Alleged Corruption After Discovery of Disproportionate Assets

Rediff.com11 Apr 2026

An Assistant Executive Engineer in Belagavi, India, is under investigation after authorities discovered disproportionate assets worth over Rs 14 crore, including gold, silver, bank deposits, and properties.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

VB-G RAM G Act from July 1, MGNREGA to be repealed

VB-G RAM G Act from July 1, MGNREGA to be repealed

Rediff.com11 May 2026

The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.

RBI To Enhance Security For Prepaid Payment Instruments

RBI To Enhance Security For Prepaid Payment Instruments

Rediff.com22 Apr 2026

The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.

ED Arrests Gameskraft Founders In Money Laundering Probe

ED Arrests Gameskraft Founders In Money Laundering Probe

Rediff.com8 May 2026

The Enforcement Directorate (ED) has arrested three founders of online gaming platform, Gameskraft, in an alleged fraud-linked money laundering case. Deepak Singh, Prithvi Raj Singh and Vikas Taneja have been taken into custody under the Prevention of Money Laundering Act (PMLA).

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rediff.com21 Apr 2026

The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

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.

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Rediff.com25 May 2026

The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.

Stock Markets Today: Sensex, Nifty50 Turn Volatile on West Asia Crisis

Stock Markets Today: Sensex, Nifty50 Turn Volatile on West Asia Crisis

Rediff.com20 Apr 2026

Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.

Tata Sons Dilemma: To List Or Not To List

Tata Sons Dilemma: To List Or Not To List

Rediff.com26 May 2026

The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Development bank: BRICS nations to take a call

Development bank: BRICS nations to take a call

Rediff.com26 Mar 2013

Finance Ministers of Brazil, Russia, India, China and South Africa, including P Chidambaram, are likely to prepare a report for consideration of their leaders on Wednesday in which they are expected to say that launching a BRICS bank is 'feasible and workable'.

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Rediff.com10 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.

Dawood Ibrahim Associate's Assets Frozen In Drug Probe

Dawood Ibrahim Associate's Assets Frozen In Drug Probe

Rediff.com30 Apr 2026

Assets worth Rs 3.78 crore belonging to drug kingpin Danish Merchant, a key associate of fugitive gangster Dawood Ibrahim, and his key aide were frozen under the SAFEMA and NDPS Act, an official said on Thursday.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

How Kapil Dev Is Transforming Indian Golf

How Kapil Dev Is Transforming Indian Golf

Rediff.com27 May 2026

Kapil Dev's efforts to attract sponsors and increase prize money in Indian golf are creating better opportunities for players to qualify for the Olympics and compete globally, according to DP World PGTI CEO Amandeep Johl.

Stock markets today: Sensex, Nifty50 in red amid volatile trade

Stock markets today: Sensex, Nifty50 in red amid volatile trade

Rediff.com7 May 2026

Indian benchmark indices Sensex and Nifty experienced volatile trade, declining in early deals before fluctuating, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties, particularly in West Asia.