News for 'People's Bank of China'

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

Aakar Patel: China Flourishes While India Digs Up Past

Aakar Patel: China Flourishes While India Digs Up Past

Rediff.com7 Dec 2024

We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.

'Spy' YouTuber Jyoti Malhotra sent to 4-day police remand

'Spy' YouTuber Jyoti Malhotra sent to 4-day police remand

Rediff.com22 May 2025

Malhotra was among the 12 people arrested from Punjab, Haryana and Uttar Pradesh over the past two weeks on suspicion of espionage, with investigators suspecting the presence of a Pakistan-linked spy network operating in north India.

Optimistic about impact of Trump tariffs, RBI tells parliamentary panel

Optimistic about impact of Trump tariffs, RBI tells parliamentary panel

Rediff.com30 Apr 2025

The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.

Remittance tax: Cost of sending money home to rise for Indians in US

Remittance tax: Cost of sending money home to rise for Indians in US

Rediff.com17 May 2025

In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Tsari Yatra May Help Ease India China Tensions

Tsari Yatra May Help Ease India China Tensions

Rediff.com2 Jan 2025

Why can't the Indian government propose to the Chinese a corridor circumambulating the Holy Mountain where people from both sides could perform the yatra again? asks Claude Arpi.

'Spy' Jyoti Malhotra was in touch with Pak officer since 2023: Police

'Spy' Jyoti Malhotra was in touch with Pak officer since 2023: Police

Rediff.com22 May 2025

Malhotra, behind bars on suspicion of espionage, had been in touch with Ehsan-ur-Rahim alias Danish, the Pakistani staffer at the Pakistani High Commission, since November 2023, a source said.

Domestic investors pay hefty premiums for China exposure

Domestic investors pay hefty premiums for China exposure

Rediff.com30 Sep 2024

Indian investors are paying hefty premiums to invest in China markets, with stocks there posting their biggest weekly gain in nearly 16 years. Savvy investors were seen making a dash to invest in the only two China-focused exchange-traded funds (ETFs) available in the domestic markets. On Friday, Mirae Asset Hang Seng Tech ETF closed at Rs 16.9 on the NSE, nearly

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

'No Sane Pilot Would Shut Off Fuel'

'No Sane Pilot Would Shut Off Fuel'

Rediff.com21 Jul 2025

'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

'Trump Has Been Threatening India'

'Trump Has Been Threatening India'

Rediff.com25 Mar 2025

'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'

'Our goal is to make India 50% of overall biz'

'Our goal is to make India 50% of overall biz'

Rediff.com15 Jun 2025

'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Why 500,000 Indians Visited Vietnam

Why 500,000 Indians Visited Vietnam

Rediff.com3 Jul 2025

Stunning landscapes, natural beauty, clean beaches, cultural wealth, mouth-watering food, shopping options, safety for solo travellers, warm hospitality, easy visas, and connectivity make Vietnam a must-visit destination, discovers Ramesh Menon.

India Should Be Battle Ready With China

India Should Be Battle Ready With China

Rediff.com14 Aug 2024

'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

'We're Winning The War Against Terrorism'

'We're Winning The War Against Terrorism'

Rediff.com30 May 2025

'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'

'RBI will provide liquidity for monetary policy transmission'

'RBI will provide liquidity for monetary policy transmission'

Rediff.com10 Apr 2025

'We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.'

What The Next Census Will Discover

What The Next Census Will Discover

Rediff.com5 Jun 2025

The next Census' findings will help identify the extent of India's ageing population and vulnerability levels.

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.'

'Pahalgam attack has a Hamas footprint'

'Pahalgam attack has a Hamas footprint'

Rediff.com28 Apr 2025

'It was inspired by the Hamas attack and was like their attack -- well planned and well executed.'

Why Trump Wants All Wars To End

Why Trump Wants All Wars To End

Rediff.com13 Mar 2025

The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.

Gold Hits 1 Lakh: Hold, Buy or Sell?

Gold Hits 1 Lakh: Hold, Buy or Sell?

Rediff.com6 May 2025

'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'

Gold slumps by Rs 1,150/10 gm; silver declines Rs 300

Gold slumps by Rs 1,150/10 gm; silver declines Rs 300

Rediff.com16 Dec 2024

Gold prices slumped for the second straight session by Rs 1,150 to Rs 78,350 per 10 grams in the national capital on Monday on frantic selling by stockists and retailers, the All India Sarafa Association said. The precious metal of 99.9 per cent purity closed at Rs 79,500 per 10 grams on Friday.

Indian markets can rise 15% in a year: Chris Wood

Indian markets can rise 15% in a year: Chris Wood

Rediff.com28 Feb 2025

India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.

'Biggest Worry Should Be Pakistan'

'Biggest Worry Should Be Pakistan'

Rediff.com12 May 2025

'Right now, we have no relationship with Pakistan. And the relationship with China is not great.'

Protests In Communist China!

Protests In Communist China!

Rediff.com11 Jul 2022

Demonstrators hold up signs during a protest over the freezing of deposits by some rural-based banks outside a People's Bank of China building in Zhengzhou, Henan province, China

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Rediff.com25 Apr 2025

As in-person negotiations between India and the US kickstarted on Wednesday, Treasury Secretary Scott Bessent said he expected India to strike the first bilateral trade deal to avert President Donald Trump's reciprocal tariffs.

Beware! China, Pakistan's Bangladesh Games

Beware! China, Pakistan's Bangladesh Games

Rediff.com13 Aug 2024

Bangladesh is in turmoil, which is not good news for India, which shares a porous 4000 km border with it. There is a danger of fundamentalism growing there, and India has to move in to reset its ties with the new dispensation before China and Pakistan make capital out of it, alerts Ramesh Menon.

Modi, Vance welcome progress on Indo-US bilateral trade pact

Modi, Vance welcome progress on Indo-US bilateral trade pact

Rediff.com22 Apr 2025

Prime Minister Narendra Modi and US Vice President JD Vance have expressed satisfaction with the progress made in negotiations for a bilateral trade agreement. The two leaders met in New Delhi and discussed a range of bilateral issues, including cooperation in energy, defense, strategic technologies, and other areas. They also exchanged views on regional and global issues of mutual interest.

'In a way the India-Pakistan war is already on'

'In a way the India-Pakistan war is already on'

Rediff.com26 Apr 2025

'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

'Will It Be All-Out War? Or A Punitive Strike?'

'Will It Be All-Out War? Or A Punitive Strike?'

Rediff.com1 May 2025

'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'

'Banks will continue infrastructure projects financing'

'Banks will continue infrastructure projects financing'

Rediff.com26 May 2024

'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'