News for 'New Development Bank'

Jorhat, Assam's Hidden Jewel

Jorhat, Assam's Hidden Jewel

Rediff.com2 May 2025

Jorhat has many attraction to offer for the discerning and offbeat traveller.

Markets open higher ahead of Budget presentation

Markets open higher ahead of Budget presentation

Rediff.com1 Feb 2025

From the 30-share blue-chip pack, ITC Hotels, IndusInd Bank, Mahindra & Mahindra, Sun Pharma, UltraTech Cement and NTPC were among the biggest gainers. Titan, Kotak Mahindra Bank, Nestle, Asian Paints, HCL Tech and ICICI Bank were among the laggards.

'Want To Stop Saving In PPF. Is It Ok?'

'Want To Stop Saving In PPF. Is It Ok?'

Rediff.com6 May 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Why Home Insurance Is A Must

Why Home Insurance Is A Must

Rediff.com17 Mar 2025

A home insurance policy covers damage from earthquakes, fires, explosions, floods, landslides, cyclones, storms, aircraft damage, and acts of terrorism.

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

Bloodbath: 'Markets Can Fall Further From Here'

Bloodbath: 'Markets Can Fall Further From Here'

Rediff.com28 Feb 2025

As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.

Pahalgam Attack: Unfinished Battle Against Terrorism

Pahalgam Attack: Unfinished Battle Against Terrorism

Rediff.com30 Apr 2025

The Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.

Equity markets likely to trade in positive territory on Friday

Equity markets likely to trade in positive territory on Friday

Rediff.com10 Apr 2025

Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Delhi has become Aapda-mukt: Modi in victory speech

Delhi has become Aapda-mukt: Modi in victory speech

Rediff.com8 Feb 2025

Hailing the Bharatiya Janata Party's Delhi assembly polls victory as 'historic', Prime Minister Narendra Modi on Saturday launched a stinging attack on the Aam Aadmi Party and the Congress, saying the country needs a serious political transformation and not politics of 'dhoort-ta (deceit) and moorkhta (foolishness)'.

GDP growth in FY25 estimated to be 6.3%: SBI research

GDP growth in FY25 estimated to be 6.3%: SBI research

Rediff.com19 Feb 2025

The State Bank of India (SBI), in its research, has estimated GDP growth during the current financial year (2024-25) to be 6.3 per cent, assuming that the NSO does not make major revisions to the erstwhile first and second quarter estimates.

Markets end in green; Sensex climbs 319 points

Markets end in green; Sensex climbs 319 points

Rediff.com16 Jan 2025

Equity benchmark indices Sensex and Nifty rallied for the third session on the trot, helped by a rally in global markets after lower-than-expected consumer inflation in the US ignited hopes of more rate cuts by the Federal Reserve. The 30-share BSE index climbed 318.74 points or 0.42 per cent to revisit 77,000 level at 77,042.82.

Can Your Bank Avoid Cyber Attacks?

Can Your Bank Avoid Cyber Attacks?

Rediff.com1 Dec 2023

The Union finance ministry will meet CEOs of public sector banks to discuss issues related to cybersecurity in the wake of the Rs 820 crore (Rs 8.2 billion) fraud that hit Kolkata-based UCO Bank last month.

Sensex tanks 455 points dragged by bank stocks

Sensex tanks 455 points dragged by bank stocks

Rediff.com18 Apr 2024

Titan Company, Axis Bank, NTPC, Tata Motors, ITC, Tech Mahindra, Bajaj Finserv, ICICI Bank, HDFC Bank and Bajaj Finance were the other laggards. Bharti Airtel, Power Grid, Infosys and Larsen & Toubro were among the gainers.

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

How Ajay Banga Can Change The World Bank

How Ajay Banga Can Change The World Bank

Rediff.com14 Apr 2023

The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.

India downgrades diplomatic ties with Pak, suspends Indus Water Treaty

India downgrades diplomatic ties with Pak, suspends Indus Water Treaty

Rediff.com24 Apr 2025

The Cabinet Committee on Security (CCS) met on Wednesday under the chairmanship of Prime Minister Narendra Modi and firmed up the responses to the terror attack.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

'Most Dargahs, Mosques Will Be Threatened'

'Most Dargahs, Mosques Will Be Threatened'

Rediff.com8 Apr 2025

'The new Waqf bill sows the seed for conflict in every town and village of India.'

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

Geopolitics, mkt volatility pose growth risks: FinMin

Geopolitics, mkt volatility pose growth risks: FinMin

Rediff.com27 Mar 2025

Geopolitical tensions, trade policy uncertainties, volatility in international commodity prices and financial market uncertainties pose considerable risks to India's economic growth in the coming year, the finance ministry cautioned on Wednesday. "Global trade continues to be affected by uncertainty in the policy environment... tariff-related developments in multiple countries have heightened trade-related risks, affecting investment and trade flows globally.

How BSP plans to regain OBC support ahead of UP polls in 2027

How BSP plans to regain OBC support ahead of UP polls in 2027

Rediff.com20 Apr 2025

The Bahujan Samaj Party (BSP) in Uttar Pradesh is reviving its 'brotherhood committees', a strategy used successfully in the 2007 elections, to bolster its support among Other Backward Castes (OBCs) ahead of the 2027 state assembly elections. These committees, to be formed in all 403 constituencies, aim to connect with 100 people from OBC communities in each village, acting as ambassadors of the party at the booth level. The BSP sees these committees as a counter to the Samajwadi Party's PDA pitch and a means to consolidate its scattered rural vote bank. The party is also highlighting the 'anti-Dalit' and 'anti-OBC' tactics of the Congress, BJP and SP, hoping to capitalize on perceived grievances and reposition itself as a champion of marginalized communities.

Markets hit all-time peaks on buying in banking, oil and auto

Markets hit all-time peaks on buying in banking, oil and auto

Rediff.com23 May 2024

Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil and auto shares and a record dividend payout by the RBI to the government. Regaining the 75,000 level after its best single-day gain since January 29, the 30-share BSE Sensex closed at all-time peak of 75,418.04, up by 1,196.98 points or 1.61 per cent over the last close.

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com31 Mar 2025

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Rediff.com3 Feb 2025

Lok Sabha on Monday turned into a battleground for the Delhi assembly polls with Bharatiya Janata Party member Ramvir Singh Bidhuri launching an all-out attack on the Aam Aadmi Party government, alleging that they 'looted' the national capital and turned it into 'hell'.

'Successful listing is true justice to RE development in country'

'Successful listing is true justice to RE development in country'

Rediff.com24 Dec 2023

'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'

PhysicsWallah files IPO papers via confidential route

PhysicsWallah files IPO papers via confidential route

Rediff.com21 Mar 2025

Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn reportedly plans to raise around Rs 4,500 crore through IPO.

Religare: Sebi rejects open offer by US-based entity

Religare: Sebi rejects open offer by US-based entity

Rediff.com28 Jan 2025

Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.

How Postmen Can Help Micro-Entrepreneurs

How Postmen Can Help Micro-Entrepreneurs

Rediff.com11 Jul 2024

'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.'

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Rediff.com2 Apr 2025

Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.

'Banking system has learnt lessons from 2008 crisis'

'Banking system has learnt lessons from 2008 crisis'

Rediff.com15 Mar 2024

'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'

India has lower exposure to US tariffs than APAC peers: Moody's

India has lower exposure to US tariffs than APAC peers: Moody's

Rediff.com25 Feb 2025

Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Moody's said most companies in its rated portfolio are domestic-focused with limited exposure to the US market.

Key takeaways from RBI's Monetary Policy

Key takeaways from RBI's Monetary Policy

Rediff.com6 Dec 2024

RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.

Yes Bank Q4 profit doubles to Rs 452 crore

Yes Bank Q4 profit doubles to Rs 452 crore

Rediff.com27 Apr 2024

Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. In the year-ago quarter, the bank logged a profit of Rs 202.43 crore. The private sector lender benefitted from write-back on income tax and interest on income tax returns, but the profits were limited by its inability to comply with the mandatory priority sector lending (PSL) requirements, its management said.

Gold Hits Rs 90K, Jewellery Demand Takes A Hit

Gold Hits Rs 90K, Jewellery Demand Takes A Hit

Rediff.com17 Mar 2025

The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).