News for 'People's Bank of China'

'Indian Army has stopped PLA quickly and strongly'

'Indian Army has stopped PLA quickly and strongly'

Rediff.com10 Jun 2020

'The Indian Army is fully prepared for a long and permanent deployment if the PLA does not retreat.'

No difference with govt on PoK, but on Article 370: Tharoor

No difference with govt on PoK, but on Article 370: Tharoor

Rediff.com20 Sep 2019

'If the government says that the Balakot airstrike was effective and terrorists were killed then they should have shown some proofs'

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

'$5 trillion economy by 2024 does not seem possible'

'$5 trillion economy by 2024 does not seem possible'

Rediff.com15 Jan 2020

'We are at $2.7 trillion and 2024 is not far away.' 'The country will need to grow by 9% every year for 5 years continuously and raise the aggregate investment rate to 38% of GDP to achieve the government's target of turning India into a $5 trillion economy.' 'Given the fact that we are only growing at about 5% and our investment rates are only about 30%, it may take a number of years before we can reach that targeted level.'

We were resolute and strong: Jaishankar on border issue

We were resolute and strong: Jaishankar on border issue

Rediff.com26 Feb 2021

Talking about dealing with the border issue faced by India, Jaishankar, without naming any country or going into details, said, "You know again we did what we had to do. There was a very active debate which still continues to this day. It is natural for people to offer advice, often on matters which they may not have particular knowledge of, that are a human trait. But again if there was what came through it was that we were resolute, we were strong about protecting our interests."

'If Congress wins Gujarat, markets could tank 10%'

'If Congress wins Gujarat, markets could tank 10%'

Rediff.com12 Dec 2017

A'Market valuation is another concern.'
'India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'

How To Invest in 2022: Market Gurus' Gyaan

How To Invest in 2022: Market Gurus' Gyaan

Rediff.com31 Dec 2021

'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'

How Xiaomi passed the Covid lockdown test

How Xiaomi passed the Covid lockdown test

Rediff.com16 Apr 2021

'One out of three phones sold in India is a Xiaomi phone.'

Markets could remain on shaky ground

Markets could remain on shaky ground

Rediff.com23 Mar 2015

Markets could slide again owing to conditions in Europe and the US.

SEE: India deploys tanks, infantry combat vehicles near LAC

SEE: India deploys tanks, infantry combat vehicles near LAC

Rediff.com27 Sep 2020

'The Fire and Fury Corps is the only formation of the Indian Army and also in the world to have actually deployed mechanised forces in such harsh terrain. The maintenance of the tanks, infantry combat vehicles and heavy guns is a challenge in this terrain. To ensure crew and equipment readiness, adequate arrangements are in place for both man and machine'

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Rediff.com4 Sep 2020

In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.

Amid LAC row, Army to upgrade 'night-blind' infantry combat vehicles

Amid LAC row, Army to upgrade 'night-blind' infantry combat vehicles

Rediff.com8 Sep 2020

The current fleet of BMP-2/2Ks was first inducted into the Army in 1985 and it has been the mainstay of the mechanised infantry since then.

Post lockdown, Modi must be bold to revive economy

Post lockdown, Modi must be bold to revive economy

Rediff.com28 Apr 2020

'Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy,' advises Akash Prakash.

Oil slides to new 11-year low as Saudi-Iran row cuts chance of output curbs

Oil slides to new 11-year low as Saudi-Iran row cuts chance of output curbs

Rediff.com6 Jan 2016

Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market

IMF, Pak reach agreement on 2nd review of $6bn bailout package

IMF, Pak reach agreement on 2nd review of $6bn bailout package

Rediff.com28 Feb 2020

The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.

Legendary investor Jim Rogers: My biggest disappointment is how little Modi has done

Legendary investor Jim Rogers: My biggest disappointment is how little Modi has done

Rediff.com9 Sep 2015

Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.

Stock Markets Unconcerned About Inflation

Stock Markets Unconcerned About Inflation

Rediff.com24 Mar 2022

We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.

How BRICS plans to combat tax evasion

How BRICS plans to combat tax evasion

Rediff.com4 Sep 2017

The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape

Rahul accuses Modi govt of destroying informal economy

Rahul accuses Modi govt of destroying informal economy

Rediff.com31 Aug 2020

He cited demonetisation, 'wrong' GST and the lockdown as three examples of government's attempt to destroy the informal sector, that provides 90 per cent jobs to people.

Wanted! A National Security Strategy

Wanted! A National Security Strategy

Rediff.com31 May 2021

India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).

'All border situations were resolved through diplomacy'

'All border situations were resolved through diplomacy'

Rediff.com26 Aug 2020

'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'

Ladakh standoff: Must ensure stability on ground, says MEA

Ladakh standoff: Must ensure stability on ground, says MEA

Rediff.com24 Sep 2020

At a virtual media briefing, Ministry of External Affairs (MEA) Spokesperson Anurag Srivastava said disengagement of troops is a complex process which would require mutually agreed 'reciprocal actions'.

Arvind Subramanian: 'Brace for slower growth'

Arvind Subramanian: 'Brace for slower growth'

Rediff.com24 Dec 2018

'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'

'What Rahul Gandhi says today, PM Modi does tomorrow'

'What Rahul Gandhi says today, PM Modi does tomorrow'

Rediff.com22 Jun 2021

'We are only amplifying the voice of scientists and experts. We are gathering information by talking to experts and are sharing it. If the government chooses to ignore that, what can we do?'

Fiscal stimulus is not the need of the hour

Fiscal stimulus is not the need of the hour

Rediff.com27 Mar 2020

What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.

'Chowkidar chor hai': Rahul's no-holds-barred attack on PM

'Chowkidar chor hai': Rahul's no-holds-barred attack on PM

Rediff.com20 Sep 2018

Gandhi was referring to prime minister's 'silence' on Rafale fighter aircraft deal with France and the Modi government's 'failure' to bring fugitive businessman Vijay Mallya to book.

Indian Oil, RIL, Tata Motors among world's 500 largest companies

Indian Oil, RIL, Tata Motors among world's 500 largest companies

Rediff.com23 Jul 2015

Companies are ranked by total revenues.

Chinese, Indian soldiers pelt stones at each other during incursion bid in Ladakh

Chinese, Indian soldiers pelt stones at each other during incursion bid in Ladakh

Rediff.com16 Aug 2017

Soldiers of the People's Liberation Army tried to enter the Indian side in two areas--Finger Four and Finger Five-- twice.

India won't seek IMF funds in five years: Rajan

India won't seek IMF funds in five years: Rajan

Rediff.com11 Oct 2013

The country has enough forex reserves to meet the demand.

Staying out of RCEP will come at a cost

Staying out of RCEP will come at a cost

Rediff.com5 Nov 2019

It became increasingly clear that the real negotiations the government had to conduct were with Indian business which was wary of yet another free trade agreement, points out T N Ninan.

Youth ask for jobs, govt says look at moon: Rahul in Maha

Youth ask for jobs, govt says look at moon: Rahul in Maha

Rediff.com13 Oct 2019

He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.

'We are facing a loss of Rs 15,000 crore per day'

'We are facing a loss of Rs 15,000 crore per day'

Rediff.com29 May 2020

'The government has stopped our earnings due to the lockdown and must do something for our earnings to restart.'

India still remains on Mark Mobius' 'buy list'

India still remains on Mark Mobius' 'buy list'

Rediff.com27 Aug 2015

'We want to make sure we stay in India and we have very high hopes from India,' says Mark Mobius.

Anil Ambani for boosting Rupee-RMB-Dollar trade

Anil Ambani for boosting Rupee-RMB-Dollar trade

Rediff.com21 May 2013

Billionaire industrialist Anil Ambani on Monday said business leaders from India and China should enhance Rupee-RMB-Dollar trade for furthering co-operation between the two nations.

E-com giants may see 25% jump in sales

E-com giants may see 25% jump in sales

Rediff.com10 Aug 2020

Instead of making the sellers bleed, experts say, e-commerce giants Amazon and Flipkart have roped in banks to offer discounts to buyers.

No systemic risks to Chinese economy: Premier

No systemic risks to Chinese economy: Premier

Rediff.com22 Jan 2015

Li is currently attending the WEF annual meeting in Davos in back drop of release of the annual GDP figures by China highlighting the continuation of the slowdown of the world's second largest economy.

Snapdeal all set to raise $500 million

Snapdeal all set to raise $500 million

Rediff.com3 Aug 2015

The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal

India can grow at 10% if reforms continue to kick in: Mark Mobius

India can grow at 10% if reforms continue to kick in: Mark Mobius

Rediff.com3 Jun 2016

Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing

Connaught Place 6th most expensive office location in the world

Connaught Place 6th most expensive office location in the world

Rediff.com30 Dec 2014

Delhi's Connaught Place is the 6th most expensive location in the world.

Modi@1: The govt report card reads 'average'!

Modi@1: The govt report card reads 'average'!

Rediff.com18 May 2015

The global economy may just be entering a new phase.