News for 'State-run Bank of India'

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Rediff.com27 May 2016

Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.

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.'

India scrambles to reduce oil bill inflated by sinking rupee

India scrambles to reduce oil bill inflated by sinking rupee

Rediff.com5 Sep 2013

Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.

Rupee hits four-month peak as shares hit record

Rupee hits four-month peak as shares hit record

Rediff.com9 Dec 2013

Traders said good dollar demand from importers including oil companies was seen at stronger rupee levels, limiting any further gains.

Sensex zooms 390 points to snap 3-day losing streak

Sensex zooms 390 points to snap 3-day losing streak

Rediff.com9 Oct 2014

Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.

Foreign airlines keen on investing in Indian aviation:Minister

Foreign airlines keen on investing in Indian aviation:Minister

Rediff.com14 May 2013

It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.

It's time we stop over-dependence on 'fickle FIIs': Parekh

It's time we stop over-dependence on 'fickle FIIs': Parekh

Rediff.com9 Nov 2014

Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.

Pawar slams BJP for defections; introspect, says Fadnavis

Pawar slams BJP for defections; introspect, says Fadnavis

Rediff.com28 Jul 2019

Fadnavis claimed the BJP was "beyond running behind anyone" as the people of India were with the party and the leadership of Prime Minister Narendra Modi.

Cauvery row: Opposition bandh near total in Tamil Nadu

Cauvery row: Opposition bandh near total in Tamil Nadu

Rediff.com5 Apr 2018

Rail and road blockade, demonstrations, and impromptu rallies by the Opposition marked the shutdown in the state affecting normal life to some extent.

Regulators monitoring firms that can crash the financial system

Regulators monitoring firms that can crash the financial system

Rediff.com30 Dec 2013

Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.

Modi govt's fiscal may get a helping hand from cooling crude oil prices

Modi govt's fiscal may get a helping hand from cooling crude oil prices

Rediff.com20 Aug 2014

Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .

Sensex slips for 3rd day ahead of GST debate, Europe hurts

Sensex slips for 3rd day ahead of GST debate, Europe hurts

Rediff.com2 Aug 2016

The NSE Nifty also moved up by 12 points to 8,648.35.

Jaitley promises better tax regime for companies

Jaitley promises better tax regime for companies

Rediff.com22 May 2015

The RBI holds its next policy meeting in early June.

Bears take a breather as Chinese markets stabilise

Bears take a breather as Chinese markets stabilise

Rediff.com8 Jan 2016

Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.

Top 8 cos add Rs 47,381 cr in market value; CIL, Bharti shine

Top 8 cos add Rs 47,381 cr in market value; CIL, Bharti shine

Rediff.com4 Nov 2013

While TCS, RIL, ONGC, CIL, HDFC Bank, Bharti, HDFC and HUL saw rise in their market capitalisation (m-cap), ITC and Infosys suffered losses.

Bangalore neighbourhood's toxic air threatens India's future

Bangalore neighbourhood's toxic air threatens India's future

Rediff.com22 May 2015

Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.

And the award goes to...7 star performers of India Inc

And the award goes to...7 star performers of India Inc

Rediff.com15 Dec 2014

BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India

Markets end flat ahead of F&O expiry; Tata Motors top loser

Markets end flat ahead of F&O expiry; Tata Motors top loser

Rediff.com27 May 2015

Sensex ends in green on boost from bluechip stocks.

Very tough times lie ahead for next govt

Very tough times lie ahead for next govt

Rediff.com25 Apr 2019

'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.

Mallya's sole regret: Kingfisher is not flying when oil is cheap!

Mallya's sole regret: Kingfisher is not flying when oil is cheap!

Rediff.com3 Mar 2016

Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".

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.

LIC chairman bullish on Indian markets

LIC chairman bullish on Indian markets

Rediff.com18 Sep 2014

The election of Prime Minister Narendra Modi along with the Reserve Bank of India's commitment to contain inflation have sparked the improved confidence.

What BJP has and Congress doesn't

What BJP has and Congress doesn't

Rediff.com3 May 2019

'One goal of the Congress would surely have been to rebuild its organisation so that it begins to match that of the BJP.' 'However, this has not happened, though Rahul Gandhi has been in the party for 15 years now,' says Aakar Patel.

Investors begin to return to UTI

Investors begin to return to UTI

Rediff.com30 May 2003

Development or caste: What will win Gorakhpur?

Development or caste: What will win Gorakhpur?

Rediff.com15 May 2019

The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.

RBI policy fails to cheer markets; Sensex ends flat

RBI policy fails to cheer markets; Sensex ends flat

Rediff.com7 Apr 2015

The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.

Volatile markets end flat; Sensex gains 25% in FY15

Volatile markets end flat; Sensex gains 25% in FY15

Rediff.com31 Mar 2015

On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.

GDP growth set to weaken, business wants reforms

GDP growth set to weaken, business wants reforms

Rediff.com27 Nov 2014

Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.

Rupee fate hinges on US tapering, oil cos' demand: Kochhar

Rupee fate hinges on US tapering, oil cos' demand: Kochhar

Rediff.com15 Nov 2013

The Reserve Bank has taken some steps to shore up the domestic currency.

Nervous Chennai braces for more rains in next 48 hours

Nervous Chennai braces for more rains in next 48 hours

Rediff.com6 Dec 2015

After a brief lull, intermittent rains lashed Chennai and its suburbs on Sunday, while the weatherman predicted more showers in Tamil Nadu over the next 48 hours.

Rupee falls to its weakest in 2 months

Rupee falls to its weakest in 2 months

Rediff.com11 Nov 2013

The previous bout of Fed withdrawal fears had threatened to spark a crisis of confidence in India -- sending the rupee to a record low of 68.85 in late August and leading to steep falls in bonds and stocks.

Maran to finalise SpiceJet stake sale soon

Maran to finalise SpiceJet stake sale soon

Rediff.com13 Jan 2015

A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities.

Lenders want to oversee Bhushan Steel operations

Lenders want to oversee Bhushan Steel operations

Rediff.com9 Aug 2014

Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.

Investors' wealth crosses Rs 100 trillion

Investors' wealth crosses Rs 100 trillion

Rediff.com4 Dec 2014

Creating history, leading exchange BSE on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.

Markets end lower on inflation concerns, weak commodity prices

Markets end lower on inflation concerns, weak commodity prices

Rediff.com13 Nov 2015

Sensex, Nifty end lower on global concerns.

Sensex ends above 31,800, Nifty over 9,800 for 1st time ever

Sensex ends above 31,800, Nifty over 9,800 for 1st time ever

Rediff.com12 Jul 2017

Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%

Deepak Parekh: The man with a penchant for doing things right

Deepak Parekh: The man with a penchant for doing things right

Rediff.com18 Mar 2015

Parekh ensures that he never forgets the importance of correctness.

Why soft loans will be hard on the exchequer

Why soft loans will be hard on the exchequer

Rediff.com24 Oct 2013

The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.

Hopeful that Modi will maintain good ties with neighbours: Hasina

Hopeful that Modi will maintain good ties with neighbours: Hasina

Rediff.com28 May 2014

Bangladesh Premier Sheikh Hasina on Wednesday said she was hopeful that Prime Minister Narendra Modi will play his role in maintaining good relations with neighbours, notwithstanding his "own ideas".

Gail plans to prepay ADB loan

Gail plans to prepay ADB loan

Rediff.com10 Nov 2003

The state-run gas transmission firm Gail (India) Ltd plans to prepay an expensive Rs 500 crore (Rs 5 billion) Asian Development Bank loan by raising debt from domestic market through a bonds issue in January.