News for 'US Treasury'

Rahul's remarks in LS on Hindus, Modi expunged amid row

Rahul's remarks in LS on Hindus, Modi expunged amid row

Rediff.com2 Jul 2024

Holding up pictures of Lord Shiva, Guru Nanak, and Jesus Christ, he referred to Hinduism, Islam, Sikhism, Christianity, Buddhism and Jainism to underline the importance of fearlessness. He also cited the attributes of Lord Shiva and teachings of Guru Nanak, Jesus Christ, Buddha, and Mahavir to state that all religions and great people of the country have said "daro mat, darao mat (do not be scared, do not scare others)".

Fissures in Mahayuti? Ajit Pawar shares stage with ex-minister Nawab Malik

Fissures in Mahayuti? Ajit Pawar shares stage with ex-minister Nawab Malik

Rediff.com20 Aug 2024

Malik used to criticise the BJP-led Central government and the then opposition leader in Maharashtra, Devendra Fadnavis, when he was a cabinet minister in the erstwhile MVA government led by Uddhav Thackeray.

Banks Caught In A Trap

Banks Caught In A Trap

Rediff.com30 Aug 2024

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.

The Ishq Obsession

The Ishq Obsession

Rediff.com25 Jul 2024

Sukanya Verma looks at all the times Bollywood peddled its treasured ishq our way.

Modi joins Rahul vs Anurag showdown over 'caste'

Modi joins Rahul vs Anurag showdown over 'caste'

Rediff.com31 Jul 2024

As the row erupted in Parliament, the Congress said the Gandhi family's caste is martyrdom but the BJP-RSS will never understand that.

PM's reply to debate in both houses on July 2-3

PM's reply to debate in both houses on July 2-3

Rediff.com28 Jun 2024

Bharatiya Janata Party leader and former Union minister Anurag Thakur is likely to initiate the discussion on Motion of Thanks on the President's address in the Lok Sabha on Friday, with Prime Minister Narendra Modi's reply to the debate expected on July 2, sources said.

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Rediff.com17 Apr 2024

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.

US slaps fresh sanctions on Iran-based groups linked to Hamas funding

US slaps fresh sanctions on Iran-based groups linked to Hamas funding

Rediff.com27 Oct 2023

The US treasury department informed about the sanctions following the October 7 attacks on Israel by Hamas.

Results review: PSBs' net profit grows 16% to Rs 39,974 crore in Q1

Results review: PSBs' net profit grows 16% to Rs 39,974 crore in Q1

Rediff.com13 Aug 2024

Public sector banks (PSBs) posted 16.1 per cent year-on-year (Y-o-Y) growth in net profit at Rs 39,974 crore during the June 2024 quarter. While net interest income (NII) showed subdued growth of 7.1 per cent, provisions and contingencies declined by 10.5 per cent Y-o-Y. This aided the bottom line to show steady growth.

Guess Who 'Can't Wait' To See Pashmina's Debut?

Guess Who 'Can't Wait' To See Pashmina's Debut?

Rediff.com19 Mar 2024

Hrithik Roshan's cousin Pashmina Roshan is all set to make her debut in Ishq Vishk Rebound, and now, the film has got a release date.

Sensex plunges 617 points on profit booking

Sensex plunges 617 points on profit booking

Rediff.com30 May 2024

From the Sensex pack, Tata Steel, Titan, Tech Mahindra, Wipro, Bajaj Finserv, Bajaj Finance, Nestle India, Tata Motors and JSW Steel were the biggest laggards. ICICI Bank, Axis Bank, HDFC Bank, State Bank of India and Kotak Mahindra Bank were the gainers.

BJP's tally falls below 90 in Rajya Sabha, but...

BJP's tally falls below 90 in Rajya Sabha, but...

Rediff.com15 Jul 2024

The Bharatiya Janata Party's tally in Rajya Sabha has dipped below 90 for the first time in several years but the party and its allies are expected to not only recoup the their losses but also make some gains when by-elections to fill the existing vacancies are held in the coming weeks.

Domestic mutual funds roll out US bonds as yields hit multi-year high

Domestic mutual funds roll out US bonds as yields hit multi-year high

Rediff.com25 Oct 2023

After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.

Will take sides, won't let 'Miya' take over Assam: Himanta

Will take sides, won't let 'Miya' take over Assam: Himanta

Rediff.com27 Aug 2024

Replying to the motion, he said the crime rate has not increased if the population growth is taken into account.

Preamble not removed from NCERT textbooks: Govt

Preamble not removed from NCERT textbooks: Govt

Rediff.com7 Aug 2024

Union Education Minister Dharmendra Pradhan on Wednesday said the Preamble to the Constitution is very well there in NCERT textbooks of Class VI as he refuted charges made in this regard by Congress president Mallikarjun Kharge.

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Rediff.com25 Jul 2024

Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. This resurgence is primarily driven by strong demand for high-yield bonds from international investors amid improving liquidity conditions and reduced hedging costs. Indian companies raised ~32,619 crore through overseas bonds in the first half of 2024, surpassing the total amount raised via such instruments in the entire 2023, which stood at ~31,218 crore, according to PRIME Database. In comparison, ~45,237 crore was raised in 2022 and ~1.05 trillion was secured in 2021.

FPIs' investment value rises 13% to $738 bn in Dec quarter

FPIs' investment value rises 13% to $738 bn in Dec quarter

Rediff.com14 Feb 2024

The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached $738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar. The value of FPIs investment was at $651 billion in the September quarter of the current fiscal. On a year-on-year basis, the value of such investments rose 26 per cent from $584 billion in December 2022.

Promises made in poll manifestos not corrupt practice: SC

Promises made in poll manifestos not corrupt practice: SC

Rediff.com27 May 2024

The Supreme Court has said that commitments made by political parties in their election manifestos will not amount to 'corrupt practice' under the election laws.

Hope voice of Opposition will be allowed in LS: Rahul Gandhi

Hope voice of Opposition will be allowed in LS: Rahul Gandhi

Rediff.com27 Jun 2024

Gandhi said the Opposition wanted the House to function "often and well" and added that it was very important that cooperation happens on the basis of trust.

'Dangerous precedent': RS Chairman slams Oppn walkout

'Dangerous precedent': RS Chairman slams Oppn walkout

Rediff.com3 Jul 2024

Pointing out the instance of Kharge entering the Well of the Rajya Sabha on Friday, Dhankhar said, "It was extremely painful to notice that even the Leader of the Opposition walked into the Well of the House and that was a disgrace to parliamentary conduct and proprietary."

Obama to contribute 5% of his salary to Treasury

Obama to contribute 5% of his salary to Treasury

Rediff.com4 Apr 2013

Obama plans to write checks to Treasury on a monthly basis, effective March 1, but will cut the first check in April.

'Nothing shocks me about Indian relationships'

'Nothing shocks me about Indian relationships'

Rediff.com11 Mar 2024

'Nobody really talks about the middle of relationships or the mundane parts... (When the end comes) we think, "Wow, this is the worst time of my life. This is horrible. It's never been worse". But actually, I feel the endings are what makes us who we are.'

'Jai Shri Ram, NEET-NEET': Slogans fly in Lok Sabha on Day 1

'Jai Shri Ram, NEET-NEET': Slogans fly in Lok Sabha on Day 1

Rediff.com24 Jun 2024

The Lok Sabha witnessed a display of linguistic diversity on Monday, with the newly-elected MPs taking their oaths in English and Indian languages, including Sanskrit, Hindi, Dogri, Bengali, Assamese and Odia.

'You are not Hindu': In maiden speech as LoP, Rahul stings BJP

'You are not Hindu': In maiden speech as LoP, Rahul stings BJP

Rediff.com1 Jul 2024

Leader of Opposition Rahul Gandhi launched a no-holds-barred attack on the Bharatiya Janata Party in the Lok Sabha on Monday, saying the leaders of the ruling party are not Hindus as they engage in "violence and hate" round the clock, drawing massive protests from the treasury benches, with Prime Minister Narendra Modi accusing the Congress leader of calling the entire Hindu community violent.

RBI conducts 4-day VRRR auction as overnight rates fall below repo

RBI conducts 4-day VRRR auction as overnight rates fall below repo

Rediff.com6 Feb 2024

The Reserve Bank of India (RBI) on Monday did a four-day variable rate reverse repo (VRRR) auction to reduce liquidity in the banking system as the overnight money market rates fell below the repo rate, said market participants. The repo rate is 6.50 per cent. Banks parked Rs 18,750 crore at the auction against a notified amount of Rs 50,000 crore at a weighted average rate of 6.49 per cent.

New treasury bills to allow flexibility Fin secy

New treasury bills to allow flexibility Fin secy

Rediff.com11 Aug 2009

He said the new short-term treasury bills will be part of the government's same borrowing programme. To meet its burgeoning expenditure, necessitated by the slowing down economy, the government has pegged its market borrowing at over Rs 4.5 lakh crore (Rs 4.5 trillion) for the current fiscal, bulk of which is being raised in the first half.

Premji's elder son shifted from fin to treasury

Premji's elder son shifted from fin to treasury

Rediff.com3 Jul 2009

An MBA from Harvard Business School, Rishad, 32, joined the company almost two years ago as a business manager in the Banking and Finance division, which was then headed by Girish Paranjpe, the present joint CEO of the company's IT business. During his stint with GE Capital, Rishad was working in the treasury. Industry analysts say that Wipro is adhering to corporate standards, by treating the chairman's son at par with other employees.

Shenaz Treasury Video: How to dress for a date on Valentine's Day

Shenaz Treasury Video: How to dress for a date on Valentine's Day

Rediff.com9 Feb 2018

From first date to a special date: The vlogger & former VJ covers it all.

US Treasury Secretary to visit India later this month

US Treasury Secretary to visit India later this month

Rediff.com12 Jun 2012

Aiming to further expand the bilateral economic engagement, US Treasury Secretary Timothy Geithner would travel to New Delhi and Mumbai later this month for the third annual meet of the US-India Economic and Financial Partnership.

World Bank president Ajay Banga in TIME's 100 most influential people list

World Bank president Ajay Banga in TIME's 100 most influential people list

Rediff.com17 Apr 2024

World Bank president Ajay Banga is among the Indians who have made it to the prestigious Times's list of 100 most influential people in the world released on Wednesday. Time's profile of the former Mastercard CEO, written by US Treasury Secretary Janet Yellen, said, "It's not easy to find a leader with the skill and drive to take on the monumental task of transforming an essential institution, but since becoming World Bank president last June, Ajay Banga has done just that." She said Banga comes to the World Bank after leading a global organisation through which he brought millions of unbanked people into the digital economy.

'BJP Takes Electorate For Granted In Its Arrogance'

'BJP Takes Electorate For Granted In Its Arrogance'

Rediff.com1 Jun 2024

'The ceaseless process of privatisation is shrinking the space of reservation.' 'Where will reservation go if you keep privatising?'

FPI net investment in debt market in October third highest in CY23

FPI net investment in debt market in October third highest in CY23

Rediff.com13 Nov 2023

Foreign portfolio investors' (FPIs') net investment in the domestic debt market in October was the third highest during the current calendar year as foreign investors rushed to lock in higher returns amid global uncertainty and geo-political tensions, market participants said. FPI inflows in debt stood at Rs 6, 322 crore in October against Rs 768 crore in September, according to data on the National Securities Depository Limited (NSDL). Market participants said that the majority of the inflows were channelled through corporate bonds.

Modi's Rahul-Sized Headache

Modi's Rahul-Sized Headache

Rediff.com3 Jul 2024

For the first time, Modi is eyeball to eyeball with his bete noire, sitting a few feet across him. Given the last 10 years, a confrontation between them was unavoidable, inevitable, points out Saisuresh Sivaswamy.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

Owaisi raises 'Jai.....!' slogan at LS oath-taking, expunged

Owaisi raises 'Jai.....!' slogan at LS oath-taking, expunged

Rediff.com25 Jun 2024

After taking oath, he hailed his state Telangana, Bhimrao Ambedkar, apart from raising the AIMIM's slogan for Muslim, along with the West Asian country.

NDA MPs stand in Rajya Sabha in solidarity with Dhankhar

NDA MPs stand in Rajya Sabha in solidarity with Dhankhar

Rediff.com20 Dec 2023

As soon as the House resumed at noon, Joshi said, "In protest against the action of their party's former president (Rahul Gandhi) and in your honour and in honour of the Constitution, we would participate in the Question Hour while remaining standing in silence. We request for your permission".

RIL raises Rs 2,587 cr via sale of treasury stocks

RIL raises Rs 2,587 cr via sale of treasury stocks

Rediff.com4 Jan 2010

A formal announcement by the company is expected anytime, sources added. Treasury stock refers to shares of a company which are not issued to the public, as some are kept in the company's treasury to be used to create extra cash when needed.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

What Are Money Market Funds?

What Are Money Market Funds?

Rediff.com15 Jul 2024

MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.

'This Is An Andhra Pradesh-Bihar Budget'

'This Is An Andhra Pradesh-Bihar Budget'

Rediff.com24 Jul 2024

From the word go, Bihar growled its needs out when an MP from the state said aloud: "Give something for Bihar also, Madam." Every time the Budget mentioned cities and towns in Andhra Pradesh, "Kursi Bachao" was the call from Congress MPs.