News for 'Reconstruction'

Shorts: F2 driver, India's Jehan finishes second in Baku

Shorts: F2 driver, India's Jehan finishes second in Baku

Rediff.com11 Jun 2022

Anahat Singh seals berth for World Junior Squash C'ship after topping selection trials

PSBs recapitalised with Rs 3.10 lakh cr over 5 years

PSBs recapitalised with Rs 3.10 lakh cr over 5 years

Rediff.com7 Feb 2022

The government has recapitalised public sector banks (PSBs) by infusing over Rs 3.10 lakh crore in the last five fiscals, a majority of which was through issuance of recapitalisation bonds, Parliament was informed on Monday. "Government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years i.e., from 2016-17 to 2020-21, out of which Rs 34,997 crore were sourced through budgetary allocation and Rs 2,76,000 crore through issuance of recapitalisation bonds to these banks," Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha. He was responding to a host of questions asked by Congress party's Member of Parliament Manish Tewari.

Week 7: The Charred Cities Of Ukraine

Week 7: The Charred Cities Of Ukraine

Rediff.com7 Apr 2022

Thursday, April 7, marks week 7 of Vladimir Putin's invasion of Ukraine. Relentless Russian shelling and bombing have devasted large swathes of Ukraine and reconstruction -- if it happens -- will take many years and thousands of billions of dollars.

Imran Khan nominates former CJ of Pak as caretaker PM

Imran Khan nominates former CJ of Pak as caretaker PM

Rediff.com4 Apr 2022

Former information minister and senior leader of the Pakistan Tehreek-e-Insaf Party Fawad Chaudhry said that the premier made the decision after approval from the party's core committee.

Talent or Favouritism? The curious case of KL Rahul!

Talent or Favouritism? The curious case of KL Rahul!

Rediff.com20 Feb 2023

KL Rahul has been undergoing a lean patch, but his place in the Indian line-up isn't under any threat. Is it favouritism or talent?

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Rediff.com5 May 2023

The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.

Assam flood situation worsens; toll rises to 173 as 14 more die, 30 lakh hit

Assam flood situation worsens; toll rises to 173 as 14 more die, 30 lakh hit

Rediff.com2 Jul 2022

Many parts of Cachar district's severely affected Silchar town are still waterlogged.

Woods says he will play in this week's Masters

Woods says he will play in this week's Masters

Rediff.com5 Apr 2022

'My personal trainers and surgeons all said I could do this again. It's up to me to endure the pain'

Taliban: Time for India to think BOLD

Taliban: Time for India to think BOLD

Rediff.com25 Aug 2021

Like China, India too should connect the dots and move ahead with a long-term perspective in Afghanistan, advises Ambassador M K Bhadrakumar.

Will parties pay heed to concerns of Bhuj's earthquake survivors, experts?

Will parties pay heed to concerns of Bhuj's earthquake survivors, experts?

Rediff.com27 Nov 2022

As the election approaches, the earthquake survivors and the scientists urge political parties to take note of warning signs before it's too late.

'Pentagon didn't have to be asked': Biden if Putin uses nukes

'Pentagon didn't have to be asked': Biden if Putin uses nukes

Rediff.com12 Oct 2022

Biden, while not ruling out the meeting Putin at G20 meet, said that there are conditions attached.

Relief, rescue operations intensified in Joshimath; Modi calls Dhami

Relief, rescue operations intensified in Joshimath; Modi calls Dhami

Rediff.com8 Jan 2023

Officials said 13 more families living in houses with huge cracks were moved by the administration to safe locations on Sunday.

Diplomatic recognition for Taliban only after government formation: China

Diplomatic recognition for Taliban only after government formation: China

Rediff.com18 Aug 2021

"If we have to recognise a government, the first thing is that we will need to wait until the government is formed," Chinese foreign ministry spokesman Zhao Lijian said.

Will rebuild vandalised Hindu temple: Khyber-Pakhtunkhwa CM

Will rebuild vandalised Hindu temple: Khyber-Pakhtunkhwa CM

Rediff.com1 Jan 2021

Addressing a health card distribution ceremony in Peshawar, Chief Minister Khan said the government has issued orders to rebuild the temple. The attack on the temple in Terri village in Khyber Pakhtunkhwa's (KP) Karak district on Wednesday drew strong condemnation from human rights activists and the minority Hindu community leaders.

Hope for 'open, inclusive' Islamic govt in Afghanistan: China

Hope for 'open, inclusive' Islamic govt in Afghanistan: China

Rediff.com16 Aug 2021

China on Monday expressed the hope that the Taliban will stand by its commitment of establishing an "open and inclusive" Islamic government in Afghanistan and will ensure a peaceful transition of power without violence and terrorism.

TMC calls meet as chorus grows for Partha's removal

TMC calls meet as chorus grows for Partha's removal

Rediff.com28 Jul 2022

Amid demands for expulsion of arrested West Bengal minister Partha Chatterjee by Trinamool Congress leaders, the party convened a meeting on Thursday evening.

The Designer Who Dressed Rashmika, Tejasswi

The Designer Who Dressed Rashmika, Tejasswi

Rediff.com25 Mar 2022

Soham Acharya presented his nature-inspired fashion collection at the ongoing FDCI x Lakme Fashion Week.

CBI team recreates sequence of events at Sushant's flat

CBI team recreates sequence of events at Sushant's flat

Rediff.com22 Aug 2020

When they arrived, CBI sleuths were accompanied by Rajput's cook Neeraj, another domestic help Deepesh Sawant and the actor's flat-mate Siddharth Pithani. These three were present in the flat when Rajput was found hanging in his room.

U'khand CM Dhami reviews preparations in Kedarnath ahead of PM's visit

U'khand CM Dhami reviews preparations in Kedarnath ahead of PM's visit

Rediff.com3 Nov 2021

Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday visited Kedarnath to review the preparations in view of Prime Minister Narendra Modi's visit to the Himalayan temple on November 5.

Even as old ones lie unsolved, new cases head to bankruptcy courts

Even as old ones lie unsolved, new cases head to bankruptcy courts

Rediff.com30 Mar 2021

Even as lenders are getting ready to send more companies to bankruptcy courts from this week, several old cases are still awaiting resolution with no clarity on the completion of the process. This includes some high profile cases from the first list of 40 companies including Videocon Industries, Bhushan Power and Steel and Lavasa Corporation, sent by the Reserve Bank of India (RBI) for resolution. The delay is mainly due to litigation and late clarifications by various government agencies including the Reserve Bank of India and litigation by the Enforcement Directorate.

Tokyo Olympic torch relay stirs mixed emotions

Tokyo Olympic torch relay stirs mixed emotions

Rediff.com24 Mar 2021

The four-month event has been hit by several high-profile runner cancellations as celebrities have pulled out, citing late notice and worries about drawing crowds during the pandemic.

64,827 KP families left Kashmir in 1990s due to militancy: MHA

64,827 KP families left Kashmir in 1990s due to militancy: MHA

Rediff.com26 Apr 2022

As many as 14,091 civilians and 5,356 security force personnel lost their lives to militancy in Jammu and Kashmir between the 1990s, when militancy first reared its head in the valley, and 2020.

The miracle of the hand

The miracle of the hand

Rediff.com20 Mar 2019

The hospital that draws patients from all over India giving them hope by saving limbs and wants you to know that skin donation gives life to burn victims.

Taliban calls China as a 'friend', welcomes investment

Taliban calls China as a 'friend', welcomes investment

Rediff.com10 Jul 2021

'China is a friendly country and we welcome it for reconstruction and developing Afghanistan'

PSBs will only lead bad bank, pvt banks also need to support: SBI

PSBs will only lead bad bank, pvt banks also need to support: SBI

Rediff.com6 May 2021

State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, State Bank of India managing director Swaminathan J said on Thursday. If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all. The government is yet to announce the specific contours of the NARC or the bad bank and has also only said that it is willing to provide some sovereign guarantee to help the platform.

Australia's Pucovski out for six months

Australia's Pucovski out for six months

Rediff.com18 Feb 2021

Will Pucovski is to have surgery on his right shoulder and is likely to be sidelined for up to six months

SBI to pick up 49% stake in Yes Bank

SBI to pick up 49% stake in Yes Bank

Rediff.com6 Mar 2020

From the appointed date, the authorised capital of the private sector bank would stand altered to Rs 5,000 crore and the number of equity shares at 2,400 crore having face value of Rs 2 each.

Does Modi govt have an Afghan Policy?

Does Modi govt have an Afghan Policy?

Rediff.com28 Aug 2021

The flawed Indian policy toward Afghanistan is missing the woods for the trees. The Modi government doesn't have a 'big picture', observes Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.

Public sector bankers have got away for too long

Public sector bankers have got away for too long

Rediff.com25 Nov 2021

Nothing has ever been done to make bank officers accountable, except for the rare actions when there is a public controversy, argues Debashis Basu.

Yes Bank to function normally from Wed, ATMs full of cash: Kumar

Yes Bank to function normally from Wed, ATMs full of cash: Kumar

Rediff.com17 Mar 2020

SBI has announced an investment of Rs 7,250 crore in Yes Bank through the acquisition of 725 crore shares at Rs 10 each.

Sonu Sood habitual offender of illegal construction: BMC tells HC

Sonu Sood habitual offender of illegal construction: BMC tells HC

Rediff.com12 Jan 2021

Bollywood actor Sonu Sood is a 'habitual offender' who keeps carrying out unauthorised construction work in a residential building in suburban Juhu despite demolition action initiated on two occasions in the past, the Mumbai civic body stated in its affidavit filed in the Bombay high court on Tuesday.

India gets $1.75 bn World Bank loan for health, private investment

India gets $1.75 bn World Bank loan for health, private investment

Rediff.com1 Jul 2022

The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth. Of the total loan, $1 billion will go towards the health sector, while the rest $750 million will be in the form of development policy loan (DPL) to fill the financing gaps through private sector investment in the economy. The World Bank Board of Executive Directors approved two complementary loans of $500 million each to support and enhance India's health sector.

Uttarakhand: BJP wins historic 2nd term, but Dhami loses his seat

Uttarakhand: BJP wins historic 2nd term, but Dhami loses his seat

Rediff.com11 Mar 2022

The defeat of Dhami who led the BJP's campaign against the Congress in the state throws up a big question before the saffron party on the issue of choosing the next chief minister.

Finally, Centrum comes to the rescue of beleaguered PMC Bank

Finally, Centrum comes to the rescue of beleaguered PMC Bank

Rediff.com18 Jun 2021

Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank. Centrum Financial Services was one of the applicants for takeover of the PMC Bank. "This 'in-principle' approval has been accorded in specific pursuance to the Centrum Financial Services Limited's offer dated February 1, 2021, in response to the expression of interest notification (November 3, 2020) published by the PMC Bank Ltd," the RBI said in a statement.

'Father of banking reforms', M Narasimham, passes away

'Father of banking reforms', M Narasimham, passes away

Rediff.com21 Apr 2021

New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee.

Maha govt tables joint panel report on Shakti Bill

Maha govt tables joint panel report on Shakti Bill

Rediff.com22 Dec 2021

The draft bill provides for capital punishment for crimes against women and children, specifies deadline of 30 days to complete the probe since the day the complaint in such cases is lodged and puts the onus on social media platforms as well as internet provider companies to share the data for police investigation.

Sale of Reliance Capital's assets gets resounding response

Sale of Reliance Capital's assets gets resounding response

Rediff.com3 Dec 2020

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.

Afghan Army chief cancels India visit due to Taliban offensive

Afghan Army chief cancels India visit due to Taliban offensive

Rediff.com26 Jul 2021

Gen Ahmadzai was scheduled to arrive in New Delhi on Tuesday on a three-day visit to explore ways to deepen bilateral military ties in the backdrop of the Taliban carrying out offensive operations across Afghanistan following the withdrawal of foreign forces.

China to host third FMs' meet on Afghanistan on March 30, India kept out

China to host third FMs' meet on Afghanistan on March 30, India kept out

Rediff.com28 Mar 2022

China will host the third meeting of the foreign ministers of Afghanistan's neighbours in Tunxi, central China's Anhui province, on March 30-31, the spokesperson said.

Will Yes Bank function smoothly from Wed? Doubts remain

Will Yes Bank function smoothly from Wed? Doubts remain

Rediff.com17 Mar 2020

Lifting of deposit withdrawal moratorium on March 18 could open flood gates and will require a calibrated approach along with active support and signaling from the RBI, government and investor banks.