News for 'Treasury'

Inflation: Maintain 10-15% Investment In Gold

Inflation: Maintain 10-15% Investment In Gold

Rediff.com15 Jul 2022

Despite its recent underperformance, gold must be a part of your portfolio.

Why is Kangana Laughing Like That?

Why is Kangana Laughing Like That?

Rediff.com22 Jun 2022

Tara-Arjun promote their film... Kartik meets Ashutosh Gowariker... Hansika is on a dinner date...

Trust of crores of people my shield against Oppn abuse, says Modi in LS

Trust of crores of people my shield against Oppn abuse, says Modi in LS

Rediff.com8 Feb 2023

Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.

'Jai Shri Ram', 'Har Har Mahadev' heard during FM's budget speech

'Jai Shri Ram', 'Har Har Mahadev' heard during FM's budget speech

Rediff.com1 Feb 2022

Most of the members, including Prime Minister Narendra Modi, were seen wearing face masks. However, members had crowded the Lok Sabha chamber, while hardly a handful of others, including union ministers Dharmendra Pradhan and Piyush Goyal, were seen seated in the Rajya Sabha chamber.

Shinde lets cat out of bag, credits 'kalakar' Fadnavis for coup

Shinde lets cat out of bag, credits 'kalakar' Fadnavis for coup

Rediff.com4 Jul 2022

'Our numbers were less (than BJP's) but PM Narendra Modi blessed us. Modi Saheb told me before the swearing-in that he will extend all possible help to me. Amit Shah Saheb said he will stand behind us like a rock,' Shinde said. 'But the biggest kalakar (artist) is this one,' Shinde said, pointing to Fadnavis sitting to his right on the treasury benches.

Imran Khan indicted in Toshakhana case; handed over to NAB for 8 days

Imran Khan indicted in Toshakhana case; handed over to NAB for 8 days

Rediff.com11 May 2023

Khan was arrested on Tuesday in the case, sparking massive country-wide protests by his supporters.

Pervez Musharraf laid to rest in Karachi

Pervez Musharraf laid to rest in Karachi

Rediff.com7 Feb 2023

Several retired and serving military officers attend Pervez Musharraf's funeral prayers.

How Biden's trade team could influence relations between the two countries

How Biden's trade team could influence relations between the two countries

Rediff.com7 Jan 2021

India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.

Pak SC finds Imran's arrest illegal, orders his immediate release

Pak SC finds Imran's arrest illegal, orders his immediate release

Rediff.com11 May 2023

In a major relief for Imran Khan, Pakistan's Supreme Court on Thursday declared the former prime minister's arrest "illegal" and ordered his immediate release after he was produced before a bench on its orders.

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

Rediff.com17 Oct 2022

Assembly Speaker M Appavu said leaders of the two AIADMK factions submitted him 6 letters, including 4 from Palaniswami, asking for separate seating arrangement in the Assembly for their respective members.

BJP MLC Darekar booked in bank scam, din in Maha assembly

BJP MLC Darekar booked in bank scam, din in Maha assembly

Rediff.com15 Mar 2022

The complainant alleged that Darekar posed as a labourer, which was later found wrong.

ICICI Bank, Indian Bank hike lending rates

ICICI Bank, Indian Bank hike lending rates

Rediff.com1 Aug 2022

ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week. The rates have been increased across all tenors under the marginal cost of funds-based lending rate (MCLR) system, a move that will make EMIs expensive for those who availed loans benchmarked against the MCLR. Under the revised rates, effective August 1, ICICI Bank's one-year MCLR has increased by 15 basis points or 0.15 per cent to 7.90 per cent, while the overnight MCLR rose to 7.65 per cent, as per information posted on the bank's website.

Everyone Must Create An Emergency Corpus

Everyone Must Create An Emergency Corpus

Rediff.com11 Apr 2023

'Set aside around six months' monthly expenses for emergencies.' 'Keep this money in safe and liquid options, such as liquid funds and fixed deposits.'

Will talk only after Rahul is allowed to speak: Cong on Parl logjam

Will talk only after Rahul is allowed to speak: Cong on Parl logjam

Rediff.com22 Mar 2023

Addressing a press conference, Congress general secretary Jairam Ramesh said efforts are being made since the last few days that a 'formula' or middle path is found with both the Opposition and the government relenting.

'Avoid Pausing SIPs'

'Avoid Pausing SIPs'

Rediff.com5 Apr 2023

'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'

Will Dream Run For Banks Continue?

Will Dream Run For Banks Continue?

Rediff.com20 Jun 2023

It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay.

India's forex reserves decline by $4.6 bn as RBI sells dollars

India's forex reserves decline by $4.6 bn as RBI sells dollars

Rediff.com18 Jun 2022

The fall in total reserves was mainly because of a decline in foreign currency assets worth $4.5 billion, the data showed.

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Rediff.com30 Sep 2022

Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. The hike has been effected in their benchmark rate linked to the repo rate, which increased by half a percentage point to 5.9 per cent. Even financial institutions like mortgage lender HDFC Ltd hiked the lending rate by 50 basis points effective Saturday.

Sunak allies find no space in Liz Truss cabinet

Sunak allies find no space in Liz Truss cabinet

Rediff.com7 Sep 2022

Prime Minister Liz Truss has unveiled one of the United Kingdom's most diverse cabinets, with key frontline posts going to ethnic minority members of Parliament, including Indian-origin Suella Braverman as the home secretary.

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."

Biden's point person on Russian sanctions to visit India

Biden's point person on Russian sanctions to visit India

Rediff.com30 Mar 2022

In New Delhi, Singh will continue US administration's ongoing consultations with India, and advance a range of issues in the US-India economic relationship and strategic partnership.

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Rediff.com11 May 2023

A video shared by Qureshi's Pakistan Tehreek-e-Insaf (PTI) party on Twitter shows plain-clothed men taking him away, with him waving at party workers before departing from the location where he was detained.

BJP, Congress spar over Parliament logjam

BJP, Congress spar over Parliament logjam

Rediff.com21 Mar 2023

With the all-party meetings called by Rajya Sabha Chairperson Jagdeep Dhankhar and Lok Sabha Speaker Om Birla producing no breakthrough to end the deadlock in Parliament, Union ministers Piyush Goyal and Pralhad Joshi accused opposition parties of repeatedly 'insulting' Dhankhar.

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

Rediff.com18 Mar 2023

Senior Congress leader Jairam Ramesh on Saturday said he does not see a 'middle path' to end the logjam in Parliament as the Opposition's demand for a Joint Parliamentary Committee (JPC) probe into the Adani issue was 'non-negotiable' and the question of an apology over Rahul Gandhi's remarks in the United Kingdom does not arise.

Will RBI Rescue Banks Again?

Will RBI Rescue Banks Again?

Rediff.com20 Jul 2022

Many banks' profits will take a hit and a few of them could even end up being in the red because of treasury losses, triggered by a sudden spike in government bond yields in the rising interest rate cycle, notes Tamal Bandyopadhyay.

'RBI should pause rate hikes'

'RBI should pause rate hikes'

Rediff.com27 Mar 2023

'It will send a very strong signal that it is now our time to grow.'

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

Let Oppn have its say in Parliament: Naidu's advice to govt

Let Oppn have its say in Parliament: Naidu's advice to govt

Rediff.com8 Aug 2022

He underlined the need for patience in political life and said those seeking a change of guard should go back to the people to achieve it.

Rupee falls 20 paise to close at record low of 78.13/USD

Rupee falls 20 paise to close at record low of 78.13/USD

Rediff.com13 Jun 2022

The rupee plunged 20 paise to close at an all-time low of 78.13 against the US dollar on Monday, as a lacklustre trend in domestic equities and stronger greenback overseas weighed on investor sentiments. Forex traders said weak Asian currencies and persistent foreign capital outflows were the other major factors that dragged the local unit down. At the interbank foreign exchange market, the local currency opened at 78.20 and witnessed an intra-day high of 78.02 and a low of 78.29 against the US dollar.

Imran Khan skips no-confidence assembly session

Imran Khan skips no-confidence assembly session

Rediff.com9 Apr 2022

Very few members of the treasury benches were seen in attendance.

Landmark moment for nation: PM Modi on OBC bill

Landmark moment for nation: PM Modi on OBC bill

Rediff.com12 Aug 2021

Hailing the passage of a bill that restores states' rights to identify Other Backward Classes, Prime Minister Narendra Modi said on Wednesday that it underscores his government's commitment to ensuring dignity, opportunity and justice to the marginalised sections.

India's deep discounts on Russian crude will stay

India's deep discounts on Russian crude will stay

Rediff.com6 Dec 2022

Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.

Banking Stocks: Time To Tread Cautiously

Banking Stocks: Time To Tread Cautiously

Rediff.com7 Nov 2022

The sector seems set for a rally that may be somewhat temporary.

US Wants To Be Friends With Taliban?

US Wants To Be Friends With Taliban?

Rediff.com4 Feb 2022

Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.

'No vaccination, no salary' for govt employees in Firozabad

'No vaccination, no salary' for govt employees in Firozabad

Rediff.com2 Jun 2021

As per the order, if an employee does not take Covid vaccine, the department will initiate action and stop their salary for the month of May.

Rupee sinks 60 paise to close at all-time low of 77.50/USD

Rupee sinks 60 paise to close at all-time low of 77.50/USD

Rediff.com9 May 2022

The rupee extended its losses and slumped 60 paise to close at a record low of 77.50 (provisional) against the US dollar on Monday, pressured by the strength of the American currency overseas and unabated foreign fund outflows. Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks. At the interbank foreign exchange market, the rupee opened lower at 77.17 against the greenback, and finally settled for the day at 77.50, down 60 paise over its previous close.

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

Rediff.com16 Apr 2023

Delhi Chief Minister Arvind Kejriwal was questioned for nearly nine hours by the Central Bureau of Investigation (CBI) on Sunday in the excise policy case, amid protests by his party as the Aam Aadmi Party chief claimed that the allegations of scam were false and the agency was acting at the Bharatiya Janata Party's behest.

Rishi Sunak warns of 'very difficult decisions' in first cabinet meet

Rishi Sunak warns of 'very difficult decisions' in first cabinet meet

Rediff.com26 Oct 2022

Prime Minister Rishi Sunak on Wednesday held his first Cabinet meeting with the new team as he prepares for his debut at Prime Minister's Questions, the first big test of Britain's Indian-origin premier's leadership.

US blacklists South Africa's Gupta family over widespread corruption

US blacklists South Africa's Gupta family over widespread corruption

Rediff.com10 Oct 2019

The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.