News for 'People's Bank of China'

'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.

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

What every investor must know about the bull run

What every investor must know about the bull run

Rediff.com16 Jul 2020

'When fund managers talk of being bullish for the long term, they assume strong economic growth.' 'That is what they have assumed every year, naively believing the pronouncements and promises of ministers.' 'Unfortunately, they have been wrong year after year,' observes Debashis Basu, editor, www.moneylife.in.

Answered: When COVID-19 will end

Answered: When COVID-19 will end

Rediff.com24 Jul 2020

'"The end" depends on two things.' 'Either you develop a vaccine which is effective or if you have a drug, you can terminate this infection very quickly.' 'Otherwise, you have to depend on herd immunity.' 'I think it should happen earlier. Far earlier, than we can imagine or achieve 'herd immunity'.'

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.

'India becoming 3rd largest economy is not far away'

'India becoming 3rd largest economy is not far away'

Rediff.com4 Dec 2019

'The Indian State needs to focus on healthcare, education, infrastructure and law and order, and get out of all these regulatory cholesterols.' 'Then, India will fly.'

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.

Economy will determine Modi's political future

Economy will determine Modi's political future

Rediff.com23 Jul 2020

'Mr Modi has a huge opportunity before him.' 'Whether he grabs it the way Mrs Gandhi did in 1969 or squanders it as he did in 2014 will determine his economic legacy,' notes T C A Srinivasa-Raghavan.

Why are US, British, Russian spy chiefs in Delhi?

Why are US, British, Russian spy chiefs in Delhi?

Rediff.com14 Sep 2021

The Western powers appear to regard Delhi as the most logical destination in the region in these extraordinary times -- as a counterpoint to the ascendance of political Islam and a rising red star over Afghanistan, observes Ambassador M K Bhadrakumar.

New York, New Jersey see drop in COVID-19 deaths

New York, New Jersey see drop in COVID-19 deaths

Rediff.com28 Apr 2020

As the states showed progress in fighting the deadly contagion, governors Andrew Cuomo and Philip Murphy have begun to offer details on reopening in the months ahead.

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.

'There will be a drastic drop with the lockdown'

'There will be a drastic drop with the lockdown'

Rediff.com27 Mar 2020

'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'

'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.'

3 reasons why fall in crude prices won't benefit India

3 reasons why fall in crude prices won't benefit India

Rediff.com10 Mar 2020

Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.

Who all were behind Mehul Choki's 'abduction'?

Who all were behind Mehul Choki's 'abduction'?

Rediff.com7 Jun 2021

Fugitive Diamantaire Mehul Choksi who is held in Dominica after his mysterious disappearance from Antigua and Barbuda has alleged that his "friend" Barbara Jabarica was instrumental in his abduction which involved musclemen claiming to be Antiguan Police and mercenaries looking like Indians. The police have started the investigation after receiving a complaint from Choksi, Antigua Prime Minister Gaston Browne said.

Something bigger is afoot than just shifting the LAC a couple of km in Ladakh

Something bigger is afoot than just shifting the LAC a couple of km in Ladakh

Rediff.com27 Jun 2020

The government must figure out what the Chinese game plan is and thwart the endgame before it is upon us, possibly in early winter, advises David Devadas.

India needs to adapt to the world of tomorrow

India needs to adapt to the world of tomorrow

Rediff.com10 Sep 2020

In another 2-3 weeks, coronavirus will chariot India to overtake the United States. In March, Modi had exhorted the nation to celebrate India's impending success over the virus by clanging metal plates. Make no mistake, India is losing this momentous war under his captaincy, notes Ambassador M K Bhadrakumar.

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.

How many ATMs were opened after DeMo?

How many ATMs were opened after DeMo?

Rediff.com7 Dec 2018

179 million debit cards were issued during December 2016 to June 2018. A mere 2,000 ATMs were opened in the same period.

Lava plans to turn up the heat on Chinese brands

Lava plans to turn up the heat on Chinese brands

Rediff.com8 Feb 2021

Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards. Instead of trying to fight with brands having massive war chests, it will pass on the benefits to consumers by offering them phones at lower prices.

India among world's worst performing economies: Abhijit Banerjee

India among world's worst performing economies: Abhijit Banerjee

Rediff.com29 Sep 2020

Stating that India's economic stimulus was not adequate, Banerjee said, the measures did not increase consumption spending of lower income people as the government was not willing to put money in the hands of the low income population.

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.

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

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.

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 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.

Terrorism biggest threat to humanity: PM at BRICS meet

Terrorism biggest threat to humanity: PM at BRICS meet

Rediff.com28 Jun 2019

Modi said that there was an immediate need to strengthen the WTO, fighting protectionism, ensuring energy security and work together to fight terrorism.

'Shopping for clothes won't be a priority'

'Shopping for clothes won't be a priority'

Rediff.com28 May 2020

'Fear psychosis has gripped the entire world.' 'Nobody is going to enter shops freely in the next 5, 6 months.' 'Secondly, the priority has changed.' 'Now that they have seen the bottom of the economy, people will prefer to save for tomorrow.'

Ladakh standoff: No chance of war!

Ladakh standoff: No chance of war!

Rediff.com29 May 2020

'For the moment in Eastern Ladakh, it is unlikely there will be any more escalation of this conflict,' observes Colonel S Dinny (retd) who served as Commanding Officer of an infantry battalion deployed in the Pangong Tso area.

What ails the Indian economy?

What ails the Indian economy?

Rediff.com6 Sep 2019

Dr Rakesh Mohan, former RBI deputy governor, and Dr Pronab Sen, former chairman of the Indian Statistical Commission discuss the issues facing the Indian rural and manufacturing sectors and what the government must possibly do to improve demand and perk up the Indian economy

A surprise rate cut likely?

A surprise rate cut likely?

Rediff.com1 Feb 2016

A rate cut will bring positive sentiment around the Budget.

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.

Biden's secretary of state will be...

Biden's secretary of state will be...

Rediff.com16 Nov 2020

'Biden's promise of returning to 'normalcy' after Trump appears to mean that the same old politicians, who are responsible for the 'endless wars' in Afghanistan, Iraq and Syria, are being brought out of the woodwork after four years,' notes Ambassador M K Bhadrakumar.

How companies deal with coronavirus panic

How companies deal with coronavirus panic

Rediff.com17 Mar 2020

Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.

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.

Indian IT industry finds no mention in first US presidential debate

Indian IT industry finds no mention in first US presidential debate

Rediff.com28 Sep 2016

China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America

'Pakistan knows its game is up'

'Pakistan knows its game is up'

Rediff.com26 Aug 2019

'We have to stay one step ahead of Pakistan'

WARNING! India may have 13L COVID-19 cases by mid-May

WARNING! India may have 13L COVID-19 cases by mid-May

Rediff.com25 Mar 2020

The report, compiled by COV-IND-19 Study Group, an interdisciplinary team of researchers, said while India seems to have done well in controlling the number of confirmed cases compared to other countries like the United States and Italy in the early phase of the pandemic, the country is critically missing a key component in this assessment -- the number of truly affected cases.

Virtual eco providing over a lakh jobs: Study

Virtual eco providing over a lakh jobs: Study

Rediff.com8 Apr 2011

Fast growing virtual online currencies and digital work worth $ 3 billion is providing real income opportunities to people in developing countries with more than 100,000 people in countries like China and India earning a living through online games and websites disseminating micro-tasks, a World Bank study says.

Why are Tibetans leaving India?

Why are Tibetans leaving India?

Rediff.com2 Dec 2019

Tibetan refugees in India face a bleak future, says Greg C Bruno.