News for 'People's Bank of China'

Do you know what impact investing is?

Do you know what impact investing is?

Rediff.com10 Jun 2019

'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.

China's mandarins get candid about problems ahead

China's mandarins get candid about problems ahead

Rediff.com19 Mar 2015

Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.

China may legalise private property

China may legalise private property

Rediff.com8 Mar 2004

The National People's Congress is hearing a proposal to provide a legal guarantee for private entrepreneurs.

India, China disengage in Gogra; all temporary structures dismantled

India, China disengage in Gogra; all temporary structures dismantled

Rediff.com7 Aug 2021

"All temporary structures and other allied infrastructure created in the area by both sides have been dismantled and mutually verified. The landform in the area has been restored by both sides to the pre-standoff period," the Army said in a statement.

Why China is bad news for the markets

Why China is bad news for the markets

Rediff.com6 Jan 2016

Markets will continue to remain volatile till the Chinese economy shows some signs of stability

Xi Jinping and Pomegranate Seeds

Xi Jinping and Pomegranate Seeds

Rediff.com8 Sep 2021

Why is China's supreme leader promoting Han Chauvinism so aggressively, asks Claude Arpi.

China lets yuan fall again, Asia might see more pain

China lets yuan fall again, Asia might see more pain

Rediff.com31 Aug 2015

China's move to devalue its currency has exposed the fragility of its economy.

Regulatory changes may usher new dawn for insurers

Regulatory changes may usher new dawn for insurers

Rediff.com24 Dec 2022

The regulatory changes brought in by the insurance regulator and the amendments proposed to the Insurance Act by the Centre may herald a new dawn for the sector in India. This may result in insurers bringing out more consumer-led products, top honchos of general insurance companies of the country concurred at the Business Standard BFSI Insight Summit 2022.

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Rediff.com23 Oct 2022

BJP spokesperson Sambit Patra claimed that the home ministry's decision to cancel the FCRA licences of the Rajiv Gandhi Foundation and the Rajiv Gandhi Charitable Trust for alleged violation of laws has "exposed" their corruption.

India's poverty rate lowest, says World Bank

India's poverty rate lowest, says World Bank

Rediff.com5 Oct 2015

In South Asia, the poverty would fall to 13.5 per cent in 2015.

GM, Ford switch off India ops but unable to exit

GM, Ford switch off India ops but unable to exit

Rediff.com25 Jan 2023

Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.

Difficult for India to reach $5 trn GDP a year ahead of IMF's FY27 projection

Difficult for India to reach $5 trn GDP a year ahead of IMF's FY27 projection

Rediff.com16 Mar 2023

It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on Tuesday that the government is taking steps to make the country a $5-trillion economy at a date earlier than the IMF's projection. In that context, it would not be difficult to meet the projection in the third quarter of FY27.

Modi 2.0: Setbacks And Failures

Modi 2.0: Setbacks And Failures

Rediff.com30 Mar 2023

Overall, the record of the second term reveals a contradiction between the image and the reality. The image, especially on media and social media, is one of the man at the height of his power, and unstoppable. The reality on governance is someone who has found it difficult to get things implemented and unsure of what to do next, points out Aakar Patel.

China's leadership has failed in economic reforms

China's leadership has failed in economic reforms

Rediff.com26 Aug 2015

Rumours that Mr Xi was a market reformer appear to have been exaggerated.

China seeks high-speed rail link between Kunming and Kolkata

China seeks high-speed rail link between Kunming and Kolkata

Rediff.com17 Jun 2015

The 2800 kilometer rail route could be a critical component for the Bangladesh-China-India-Myanmar corridor that seeks cross border trade and flow of people

Look, what China's navy is up to!

Look, what China's navy is up to!

Rediff.com14 Feb 2016

'China's moves are of direct significance to India, which will closely monitor Chinese naval activity in the Bay of Bengal and the Indian Ocean not least because of Chinese maps depicting claims over the Andaman and Nicobar Islands.'

Ambani among those setting up family business offices in Singapore

Ambani among those setting up family business offices in Singapore

Rediff.com7 Feb 2023

Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.

India's state banks ready for a big transformation

India's state banks ready for a big transformation

Rediff.com1 Apr 2015

India's state banks are under pressure to improve profitability.

Why 2017 is crucial for China

Why 2017 is crucial for China

Rediff.com9 Feb 2017

'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.

China's supercomputer Tianhe-1 shut down after twin blasts in Tianjin

China's supercomputer Tianhe-1 shut down after twin blasts in Tianjin

Rediff.com13 Aug 2015

The office building housing Chinese supercomputer Tianhe-1, one of the world's fastest supercomputers, suffered damage.

China: Man guns down 3 judges, kills himself

China: Man guns down 3 judges, kills himself

Rediff.com1 Jun 2010

In yet another gory social revenge attack in China, a bank security team leader angry over the way his divorce case was handled barged into a local court and opened fire with a machine gun on Tuesday, killing three judges and injuring three more before turning the weapon on himself.

The Village of Heroes

The Village of Heroes

Rediff.com7 Jul 2023

The village in Maharashtra has continuously sent soldiers to the Army since World War I. Every other person you meet is a soldier or a retired soldier or is aspiring to be a soldier.

The challenges before China's strongman

The challenges before China's strongman

Rediff.com23 Jan 2014

Xi Jinping has accumulated great power, but he faces trials that are just as great, says Claude Smadja.

How Indian banks will change by 2025

How Indian banks will change by 2025

Rediff.com24 Nov 2017

Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.

How can Indian banks prevent data theft?

How can Indian banks prevent data theft?

Rediff.com7 Nov 2016

After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.

Sino-India talks must continue to resolve issues: Beijing

Sino-India talks must continue to resolve issues: Beijing

Rediff.com14 Feb 2022

"On the border issue, China always maintains that we should follow through on treaties and agreements we signed and we jointly uphold peace and tranquility at the border region," Foreign Ministry spokesman Wang Wenbin said while responding to Jaishankar's remarks.

Watch out for Modi's robust engagement with China

Watch out for Modi's robust engagement with China

Rediff.com11 May 2015

'Building on the potential for closer ties is the changing narrative in each country about the other. The Chinese narrative on India has become significantly more positive over the past few years,' says Walter Andersen and Zhong Zhenming.

China's turmoil is both economic and political

China's turmoil is both economic and political

Rediff.com10 Sep 2015

The chaos on its stock markets, a fierce battle between the old and new guard in the Communist Party and the restive border provinces of Tibet and Xinjiang forebode tough times ahead for China, says Claude Arpi.

MNREGA world's largest public works programme: World Bank

MNREGA world's largest public works programme: World Bank

Rediff.com8 Jul 2015

India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 per cent of the country's population, the World Bank has said.

93% CEOS Plan To Hire More Employees

93% CEOS Plan To Hire More Employees

Rediff.com12 Apr 2023

Many CEOs said they plan to give special leave to women employees so as to encourage their participation in the workforce.

China deployed J-20 fighters near LAC days before incursion bid

China deployed J-20 fighters near LAC days before incursion bid

Rediff.com31 Aug 2020

The deployment of strategic bomber aircraft is also still on by the Chinese

9 Crypto Exchanges Under ED Gaze

9 Crypto Exchanges Under ED Gaze

Rediff.com22 Aug 2022

About 300 fintech firms are under investigation by the ED for allegedly partnering 38 non-banking financial companies for predatory lending practices to charge borrowers high interest rates.

Day after skirmishes, army officers of India, China meet in Leh

Day after skirmishes, army officers of India, China meet in Leh

Rediff.com16 Aug 2017

Official sources said Tuesday's incident at Pangong and ways to maintain peace and tranquility along the Sino-India border in Ladakh were discussed at length at the border personnel meeting.

Terrorism alive in J-K, can be finished only by...: Farooq Abdullah

Terrorism alive in J-K, can be finished only by...: Farooq Abdullah

Rediff.com20 Jan 2023

Abdullah said both Kashmiri Pandits and Muslims suffered and even his workers and ministers were killed in large numbers since the eruption of terrorism.

Economies could shrink by mid-century due to scarce water: World Bank

Economies could shrink by mid-century due to scarce water: World Bank

Rediff.com4 May 2016

Global warming can cause extreme floods and droughts and can mean snowfall is replaced by rain, with higher evaporation rates.

Pangong bridge area under illegal Chinese occupation: MEA

Pangong bridge area under illegal Chinese occupation: MEA

Rediff.com6 Jan 2022

"As regards reports about a bridge being made by the Chinese side on Pangong Lake, the government has been monitoring this activity closely," External Affairs Ministry Spokesperson Arindam Bagchi said.

'PLA is into 'salami slicing' of Indian territory'

'PLA is into 'salami slicing' of Indian territory'

Rediff.com13 Jul 2022

'This reluctance to respond forcefully to Chinese PLA provocations and outright aggression has as much to do with Prime Minister Modi personally, as with the institutional mindset of the MEA or even the Indian Army.' 'They are scarred by the 1962 War and are still cowed by China.'

China's strategic push in the Middle East

China's strategic push in the Middle East

Rediff.com19 Jan 2016

Why is Xi Jinping visiting Saudi Arabia, Egypt and China this week? Former RA&W officer Jayadeva Ranade explains the significance of China's outreach to the Middle East.

India eyes alternative markets for tea export

India eyes alternative markets for tea export

Rediff.com19 Mar 2022

India is looking to develop alternative export markets for tea such as Iraq, Saudi Arabia, the US, Japan and Tunisia in view of the Russian invasion of Ukraine, people aware of the matter said. Meetings are being held with buyers in some of these countries in virtual mode, with the help of diplomatic missions located there. Similar meetings for the remaining countries have also been planned.

US allows India, China, 6 others to buy Iranian oil

US allows India, China, 6 others to buy Iranian oil

Rediff.com5 Nov 2018

Italy, Greece, South Korea, Taiwan and Turkey also figure in the list released by Pompeo, who said over 20 countries have cut their oil imports from Iran, reducing purchases by more than one million barrels per day.