News for 'Open Market Committee'

CITU-led union threatens strike over passage of coal Bill

CITU-led union threatens strike over passage of coal Bill

Rediff.com10 Dec 2014

According to coal ministry officials, the Bill is likely to be introduced in the Lok Sabha on Wednesday. The Coal Mines (Special Provisions) Ordinance, 2014 was brought in October this year in the wake of the Supreme Court's decision cancelling 214 coal blocks.

Farmers must call off chakka jam in the national interest

Farmers must call off chakka jam in the national interest

Rediff.com5 Feb 2021

The government and the farmers must come back to the negotiating table with only the interest of the country in mind, suggests Vivek Gumaste.

Sensex climbs 213 points as auto stocks advance

Sensex climbs 213 points as auto stocks advance

Rediff.com3 Oct 2017

Firm Asian cues and a higher opening of European markets reflecting a rally on Wall Street, where all three US indices hit new records following strong economic data, bolstered trading sentiments here

Slow moving insurance sector needs a push from the new Bill

Slow moving insurance sector needs a push from the new Bill

Rediff.com5 Nov 2014

The Bill will come up for discussion in the upcoming winter session of the Parliament.

Farmers stir: SC indicates panel to resolve deadlock

Farmers stir: SC indicates panel to resolve deadlock

Rediff.com16 Dec 2020

Multiple pleas have been filed in the top court seeking a direction to authorities to immediately remove the farmers, saying commuters are facing hardships due to the road blockades and the gatherings might lead to an increase in the number of COVID-19 cases.

For the time being, the rupee takes the centrestage

For the time being, the rupee takes the centrestage

Rediff.com23 Oct 2018

'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.

Inflation data point to more rate cuts

Inflation data point to more rate cuts

Rediff.com20 Apr 2015

Food and fuel are two perennial areas of concern.

Why IL&FS crisis has made investors so nervous

Why IL&FS crisis has made investors so nervous

Rediff.com9 Oct 2018

Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.

The rise & fall & rise again of statistics

The rise & fall & rise again of statistics

Rediff.com22 Apr 2021

Ajit Balakrishnan on the surprising drivers of mathematical innovation.

Why wallet cos want full KYC for transactions below Rs 10K waived

Why wallet cos want full KYC for transactions below Rs 10K waived

Rediff.com22 Feb 2018

Customers have other options available to them to do low-value transactions, if wallets start mandating full KYC and would switch to those.

Coming Soon! RBI's CBDCs Revolution

Coming Soon! RBI's CBDCs Revolution

Rediff.com20 Aug 2021

If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.

Rabi procurement starts slowly across North India

Rabi procurement starts slowly across North India

Rediff.com19 Apr 2020

In MP, farmers say sales under new 'Sauda Patrak' method below MSP; Haryana mustard farmers wait for their turn to sell. The annual purchases of major rabi crops in North India largely wheat, mustard and also chana to some extent have been delayed as most cereal mandis were closed in the aftermath of the nationwide coronavirus lockdown.

BSE wants Sebi to raise ceiling on depository holding

BSE wants Sebi to raise ceiling on depository holding

Rediff.com7 Mar 2017

Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.

COVID-19: Maha's only green zone falls in Red Corridor

COVID-19: Maha's only green zone falls in Red Corridor

Rediff.com14 May 2020

Gadchiroli, located over 900 km from Mumbai in the state's Vidarbha region and having a population of around 12 lakh, has not reported a single COVID-19 case yet. The authorities are mindful that if at all any COVID-19 case comes to light in the district, it will come from outside and hence, they have enhanced efforts and are closely monitoring migrant workers entering the territory.

All you want to know about social bourses

All you want to know about social bourses

Rediff.com22 Jul 2019

A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.

Sebi tweaks norms for bankrupt cos, FPOs

Sebi tweaks norms for bankrupt cos, FPOs

Rediff.com16 Dec 2020

Continuing efforts to boost the capital market, Sebi on Wednesday decided to tweak the 25 per cent minimum public shareholding requirement for companies undergoing insolvency process, segregate assets as well as liabilities of mutual funds, and ease norms governing promoter participation in follow-on public offers. For the mutual fund segment, the watchdog also relaxed the profitability criteria and mandated minimum Rs 100 crore net worth requirement for entities to become sponsors of mutual funds. The board of Sebi, at its meeting on Wednesday, also cleared amendment regulations pertaining to market intermediaries to avoid duplication of proceedings before the designated authority and the designated member.

DoT to consult more on net-neutrality rules

DoT to consult more on net-neutrality rules

Rediff.com16 Apr 2015

DoT will have wider consultations with all stakeholders.

New takeover code cramps leg room for promoters

New takeover code cramps leg room for promoters

Rediff.com3 Oct 2011

Regulation 3 (3) of the new law, which deals with open offer obligations of persons acting in concert, has increased the liabilities of promoter group shareholders beyond what was conceived by the Achuthan committee, according to three experts, including two who were part of the committee.

'RBI need to cut by 100 bps in one shot'

'RBI need to cut by 100 bps in one shot'

Rediff.com30 Mar 2020

'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'

2 key farm bills get Parliament nod; Oppn creates ruckus in RS

2 key farm bills get Parliament nod; Oppn creates ruckus in RS

Rediff.com20 Sep 2020

The two bills -- Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 -- were passed by Lok Sabha on Thursday.

Fed holds rates, what now?

Fed holds rates, what now?

Rediff.com18 Sep 2015

It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.

Why not try the VAT model with farm laws?

Why not try the VAT model with farm laws?

Rediff.com8 Feb 2021

If eight states could join the VAT system much after the rollout date and after seeing how it works, why can't the same apply to states opposed to the farm laws, asks A K Bhattacharya.

Protesting farmers stay firm as Delhi shivers at 1.1C

Protesting farmers stay firm as Delhi shivers at 1.1C

Rediff.com1 Jan 2021

The government and the farm unions had reached some common ground on Wednesday to resolve the protesting farmers' concerns over rise in power tariff and penalties for stubble burning, but the two sides remained deadlocked over the main contentious issues of the repeal of three farm laws and a legal guarantee for MSP.

Sensex plunges 434 points post RBI policy; rate-sensitive stocks tank

Sensex plunges 434 points post RBI policy; rate-sensitive stocks tank

Rediff.com4 Oct 2019

Top laggards in the Sensex pack included Kotak Bank, ICICI Bank, HDFC Bank, Tata Motors, L&T, SBI, Tata Steel and Axis Bank, falling up to 3.46 per cent.

Fears of coronavirus pandemic spreading Olympic unease

Fears of coronavirus pandemic spreading Olympic unease

Rediff.com27 Feb 2020

Five months before the Olympics opening ceremony in Tokyo, health authorities around the world are scrambling to contain outbreaks of the flu-like virus which has infected about 80,000 and killed more than 2,700 people, the vast majority in China.

'We will have to time what we want to do'

'We will have to time what we want to do'

Rediff.com12 Oct 2020

'Willing to spend is different from when to spend and how much to spend'

What govt can do with Rs 176,000 cr transfer from RBI

What govt can do with Rs 176,000 cr transfer from RBI

Rediff.com27 Aug 2019

The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.

IL&FS case reveals what India's resolution mechanism is lacking

IL&FS case reveals what India's resolution mechanism is lacking

Rediff.com1 May 2021

The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.

Won't allow business over hunger; need law on MSP: Rakesh Tikait

Won't allow business over hunger; need law on MSP: Rakesh Tikait

Rediff.com8 Feb 2021

Farmer leader Rakesh Tikait said business over hunger will not be allowed in the country and once again demanded a law on minimum support price (MSP) for crops along with the repeal of new contentious agri-marketing laws.

Monetary policy specialist Patra is new RBI dy guv

Monetary policy specialist Patra is new RBI dy guv

Rediff.com15 Jan 2020

Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.

After Galwan standoff, India eyes free trade deal with US

After Galwan standoff, India eyes free trade deal with US

Rediff.com20 Jun 2020

The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.

How RBI is putting the onus on banks

How RBI is putting the onus on banks

Rediff.com8 Apr 2015

Tuesday's policy announcement had a regulatory and development component.

Many initiatives on amenities in railways but progress still long way

Many initiatives on amenities in railways but progress still long way

Rediff.com25 May 2015

The ministry has also decided to offer station for redevelopment by inviting open bids from companies.

Blow to BCCI: Amicus Curiae sticks to most of Lodha Reforms

Blow to BCCI: Amicus Curiae sticks to most of Lodha Reforms

Rediff.com16 May 2018

The only major point, where the amicus suggested a change was reverting to the five-man selection panel from the current three-member committee. It also suggested a change in 'Test Players Only' clause to minimum 20 first-class matches.

A year of Shaktikanta Das: The hits & misses as RBI guv

A year of Shaktikanta Das: The hits & misses as RBI guv

Rediff.com11 Dec 2019

The career bureaucrat-turned-central banker walked into the 19th floor corner room of the Reserve Bank on December 12, 2018. Since February 2019, the Das-led RBI has cut the repo rate by a whopping 135 basis points to support the sagging growth, including an unprecedented 35 bps reduction in August. As he completes one year at the helm, woes in the NBFC sector, overall health of the banking sector and steeply falling economic growth are among the major challenges that needs to be tackled sooner than later.

IBC amendment: Why it's important to get the language right

IBC amendment: Why it's important to get the language right

Rediff.com19 Mar 2018

While the basic premise and spirit of the Code will remain the same, the commas and the full-stops in the draft report being prepared by a high-level committee will make interpretation of the law simpler

Inside Tokyo's decision to delay the Olympics

Inside Tokyo's decision to delay the Olympics

Rediff.com27 Mar 2020

It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.

How has the RBI governor fared in Year1?

How has the RBI governor fared in Year1?

Rediff.com17 Dec 2019

'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.

WANTED! Independent oversight of reform process

WANTED! Independent oversight of reform process

Rediff.com2 Dec 2015

Leading sponsors of football's world governing body have demanded independent oversight of FIFA's reform process in an open letter published on Tuesday ahead of a key meeting to finalise proposed reforms at the scandal-plagued organisation.

Shorts: Harikrishna slips to 10th spot at Champions Chess

Shorts: Harikrishna slips to 10th spot at Champions Chess

Rediff.com28 Dec 2020

Six players -- Dubov, Nakamura, Aronian, Carlsen, Radjabov and So -- share the lead with 4.5 points after eight rounds.