News for 'People's Bank of China'

'A $5 trillion economy won't be a dream'

'A $5 trillion economy won't be a dream'

Rediff.com22 Jul 2022

'We have 750 districts across the country, and each district can create one cluster like Tirupur on any product of their choice.' 'This way, we can even have $3 trillion in exports.'

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.

Need to scrupulously follow existing pacts: India on eastern Ladakh row

Need to scrupulously follow existing pacts: India on eastern Ladakh row

Rediff.com15 Jul 2022

External affairs ministry spokesperson Arindam Bagchi said it is essential that "appropriate agreements between India and China of 1993 and 1996 are scrupulously followed".

Chinese soldier held on Indian side of LAC In Ladakh

Chinese soldier held on Indian side of LAC In Ladakh

Rediff.com9 Jan 2021

The capture of the Chinese soldier comes in the midst of an eight-month-long bitter border standoff between the two armies in eastern Ladakh.

Chinese troops transgressed LAC in Uttarakhand on Aug 30: Sources

Chinese troops transgressed LAC in Uttarakhand on Aug 30: Sources

Rediff.com28 Sep 2021

The transgression took place on August 30, and the Chinese troops returned from the area after spending few hours, they said.

BRICS may agree on $100 billion currency fund

BRICS may agree on $100 billion currency fund

Rediff.com28 Aug 2013

BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major emerging economies, a senior Chinese central bank official said.

India's hiring outlook ranked 2nd: Report

India's hiring outlook ranked 2nd: Report

Rediff.com14 Sep 2022

India has the best hiring outlook globally, second only to Brazil, with 54 per cent of companies surveyed planning to hire in the December quarter as against 51 per cent in the September quarter, according to a report by global staffing firm ManpowerGroup. The report titled "ManpowerGroup Employment Outlook Survey" showed that India has the strongest net employment outlook for the December quarter in the Asia-Pacific region, followed by China (46 per cent), and Australia (38 per cent). The global net employment outlook in the December quarter would stand at 30 per cent, down by three percentage points from the June-September quarter, yet six percentage points higher than the same period last year, the staffing firm said.

Want Stronger Rupee? Manage The Economy

Want Stronger Rupee? Manage The Economy

Rediff.com12 Jul 2022

India's politicians need to do a better job of managing the economy: Inflation control, productivity improvement, etc, asserts T N Ninan.

Army rescues 3 Chinese citizens lost in Sikkim

Army rescues 3 Chinese citizens lost in Sikkim

Rediff.com5 Sep 2020

The humanitarian gesture by the army came when it is dealing with an aggressive behaviour by the Chinese troops in eastern Ladakh.

Myths About Chinese Ship in Sri Lanka

Myths About Chinese Ship in Sri Lanka

Rediff.com24 Aug 2022

The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).

Reliance slips 59 places on Fortune list; ranks 155th

Reliance slips 59 places on Fortune list; ranks 155th

Rediff.com2 Aug 2021

Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday. Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017. Walmart continues to top the Fortune list with a revenue of $524 billion, followed by China's State Grid at $384 billion.

Sensex catches coronavirus, falls 458 points

Sensex catches coronavirus, falls 458 points

Rediff.com27 Jan 2020

Markets across the world are increasingly turning volatile on concerns over the global economic impact of the coronavirus after China announced sharp increases in the number of people affected in the outbreak, analysts said.

How India Can Tackle Security Challenges

How India Can Tackle Security Challenges

Rediff.com9 Jun 2022

India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).

Nearly 5mn Indians forced to flee their homes due to disasters in 2021: UN

Nearly 5mn Indians forced to flee their homes due to disasters in 2021: UN

Rediff.com17 Jun 2022

"The largest displacements in the context of disasters in 2021 occurred in China (6.0 million), the Philippines (5.7 million) and India (4.9 million). Most disaster displacements during the year were temporary," it said.

Why Indian telcos love China's Huawei, ZTE

Why Indian telcos love China's Huawei, ZTE

Rediff.com27 Dec 2018

'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'

Top Army commanders review situation along LAC in Ladakh

Top Army commanders review situation along LAC in Ladakh

Rediff.com17 Jun 2021

Top commanders of the Army on Thursday carried out a comprehensive review of India's overall security challenges including in eastern Ladakh as well as other sensitive areas along the Line of Actual Control with China on the first day of a two-day conference, people familiar with the development said.

India's Jobs Crisis

India's Jobs Crisis

Rediff.com25 Feb 2022

The number of Indians over 15 either working or looking for work is lower as a percentage than in the United States, China, Bangladesh or Pakistan, points out Aakar Patel.

Chinese troops fired shots in air: Indian Army

Chinese troops fired shots in air: Indian Army

Rediff.com8 Sep 2020

The use of firearms along the LAC marks a serious escalation in border tensions as the previous instance of shots being fired at the de-facto border was in 1975.

Chinese MoD reportedly seeks meeting with Rajnath in Moscow

Chinese MoD reportedly seeks meeting with Rajnath in Moscow

Rediff.com4 Sep 2020

According to information, the Chinese side conveyed to the Indian mission its keenness to have a meeting between the two defence ministers.

'Stock market was being sold false narrative for past few months'

'Stock market was being sold false narrative for past few months'

Rediff.com21 Apr 2022

'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.

Sensex tanks 807 pts as coronavirus alarm spreads

Sensex tanks 807 pts as coronavirus alarm spreads

Rediff.com24 Feb 2020

All Sensex components ended in the red, with Tata Steel cracking 6.39 per cent, followed by ONGC, Maruti, Titan, ICICI Bank, HDFC and Bharti Airtel.

'Whatever the government says, take with ton of salt!'

'Whatever the government says, take with ton of salt!'

Rediff.com18 Aug 2022

'The prospects for both India and the global economy is that we are headed towards a very difficult time.' 'I see very uncertain at least 8-10 months for both India and the rest of the world.'

AGR woes hit telecom, financial stocks; Sensex Nifty end in red

AGR woes hit telecom, financial stocks; Sensex Nifty end in red

Rediff.com18 Feb 2020

On the Sensex chart, Bharti Airtel was the biggest loser with nearly 3 per cent drop in its share price. It was followed by IndusInd Bank, Maruti Suzuki, HeroMoto Corp and Tata Steel.

IAF chief reviews operational preparedness along LAC

IAF chief reviews operational preparedness along LAC

Rediff.com4 Sep 2020

Air Chief Marshal Bhadauria asked the air warriors to maintain a very high-level of alertness considering the evolving situation in Pangong lake region in eastern Ladakh following China's unsuccessful attempts to occupy certain strategic points in the area, the officials said on Thursday.

Celebrating Astad Deboo!

Celebrating Astad Deboo!

Rediff.com13 Dec 2022

Two years ago this day, Astad Deboo, dancer extraordinaire, passed into the ages. A new exhibition Breaking Boundaries remembers the pioneer who redrew the margins of Indian dance.

Situation in India's banking sector is not grim at all: K V Kamath

Situation in India's banking sector is not grim at all: K V Kamath

Rediff.com17 Oct 2016

Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.

How To Fix The Jobs Crunch

How To Fix The Jobs Crunch

Rediff.com14 Feb 2023

The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.

Sensex ends 153 pts lower; Nifty slips below 12,100

Sensex ends 153 pts lower; Nifty slips below 12,100

Rediff.com20 Feb 2020

Asian Paints, HUL, TCS, Tech Mahindra, Reliance Industries, UltraTech Cement were among the top laggards in the Sensex pack.

How Basanti Devi Saved The Kosi River

How Basanti Devi Saved The Kosi River

Rediff.com28 Nov 2022

'I am happy that Kosi Ma is alive and now she is looking after us.' 'I am proud of what I did.'

India bolsters presence in Pangong lake area; military talks inconclusive

India bolsters presence in Pangong lake area; military talks inconclusive

Rediff.com2 Sep 2020

The sources also said another round of military talks between the two sides on Wednesday to defuse tensions in the area remained inconclusive. The talks lasted nearly seven hours.

WazirX controversy bares crypto's trade secrets in India

WazirX controversy bares crypto's trade secrets in India

Rediff.com25 Aug 2022

A few days back, Finance Minister Nirmala Sitharaman urged the start-up community and public to deal in cryptocurrency with caution because everything that was floating around was not currency. In the first week of August, the country's top nine crypto exchange platforms were summoned by the Directorate of Enforcement (ED) in Hyderabad. The exchanges were questioned for money laundering, especially over a number of Indian non-banking financial companies and their fintech partners for predatory lending practices in violation of the Reserve Bank of India (RBI) guidelines and by using tele-callers who misuse personal data and use abusive language to extort high interest rates from the loan takers.

'Government doesn't believe unemployment is a problem'

'Government doesn't believe unemployment is a problem'

Rediff.com9 Feb 2022

'Unemployment barely figures in the Budget except as a derived demand from the industry and infrastructure.' 'There is no effort at direct attack on unemployment.'

'Markets will be in consolidation mode for some time'

'Markets will be in consolidation mode for some time'

Rediff.com15 Jun 2022

'Investors need to expect steady returns over the next one to two years with bouts of high volatility.'

Is The BJP Stung By Rahul's Walk?

Is The BJP Stung By Rahul's Walk?

Rediff.com23 Dec 2022

Nowadays, our politics is habituated to sitting on a high pedestal, hobnobbing with world leaders, generating impressions of a superpower and returning to earth for the purpose of winning elections. In contrast, the yatra never left earth, observes Shyam G Menon.

RBI likely to cut interest rate again in June

RBI likely to cut interest rate again in June

Rediff.com8 May 2019

Monetary policy easing, coupled with the relaxation of lending rules and greater election-driven fiscal spending in the first quarter of 2019, will provide some support to growth during the first half of 2019-20 fiscal

Why India needs to get tough with China

Why India needs to get tough with China

Rediff.com10 Nov 2014

'It is certainly time for New Delhi to open up. Not only should it go ahead at full steam with the roads to the LAC, but the government must also allow tourists to visit these stunningly beautiful areas of Indian territory.'

Why Should Data Not Go Private?

Why Should Data Not Go Private?

Rediff.com21 Nov 2022

The development of private data sources is a hugely positive development. It should serve as a challenge to the government to improve its own record on producing timely and reliable statistics, points out T N Ninan.

'Economic growth: India has the potential to replace China'

'Economic growth: India has the potential to replace China'

Rediff.com27 Aug 2015

The country has already laid down a 'red carpet' for businesses.

Banks shouldn't decide rates, markets should: Rajan

Banks shouldn't decide rates, markets should: Rajan

Rediff.com8 Apr 2015

The corporate sector does not care from where the money is coming.

Paytm's gameplan to replicate China's biggest ecom in India

Paytm's gameplan to replicate China's biggest ecom in India

Rediff.com30 Apr 2015

Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.