News for 'banking correspondent'

Tracking RBI's central concerns

Tracking RBI's central concerns

Rediff.com1 Dec 2015

Governor's statements will be weighed to gauge confidence level.

3 troublesome twins that will rock economy in 2018

3 troublesome twins that will rock economy in 2018

Rediff.com26 Dec 2017

The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.

Global Q2 gold demand slips 16% to 964 tonnes: WGC

Global Q2 gold demand slips 16% to 964 tonnes: WGC

Rediff.com14 Aug 2014

The overall gold demand during the second quarter of 2013 stood at 1,148 tonnes, the World Gold Council Q2 Demand Trends report said.

Wholesale inflation rises to 0.58% in Nov with onion remaining sore point

Wholesale inflation rises to 0.58% in Nov with onion remaining sore point

Rediff.com16 Dec 2019

Build up inflation rate in the financial year so far was 2 per cent compared to a build up rate of 4.56 per cent in the corresponding period of the previous year. Inflation in food articles as a group rose to 11.08 per cent during the month as against 9.80 per cent in the previous month, mainly driven by exorbitantly high onion prices, the rates of which spiked by over 172 per cent from a year-ago. The annual rate of inflation, based on monthly wholesale price index was at 0.16 per cent in October.

Hefty road taxes take their toll

Hefty road taxes take their toll

Rediff.com28 Aug 2006

The changing face of Kolkata's Kabuliwala

The changing face of Kolkata's Kabuliwala

Rediff.com30 Mar 2015

The Kabuliwalas of Kolkata, traditional moneylenders, have seen their numbers shrink.

How to make Jan Dhan Yojana a successful scheme

How to make Jan Dhan Yojana a successful scheme

Rediff.com8 Sep 2014

The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.

Reliance Cap Q1 net up at Rs 94.53 cr

Reliance Cap Q1 net up at Rs 94.53 cr

Rediff.com18 Jul 2006

Anil Ambani Dhirubhai Group company Reliance Capital Ltd on Tuesday posted over a three-fold rise in net profit after tax at Rs 94.53 crore (Rs 945.3 million) for the quarter ended June 30.

Investment recovery still quarters away

Investment recovery still quarters away

Rediff.com29 Aug 2014

Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.

Economic Survey: Government remains committed to fiscal consolidation

Economic Survey: Government remains committed to fiscal consolidation

Rediff.com27 Feb 2015

Enhanced revenue generation is a priority for the government.

India Inc's foreign borrowings unchanged at $3.72 bn in Jul

India Inc's foreign borrowings unchanged at $3.72 bn in Jul

Rediff.com25 Aug 2014

As many as 58 companies raised money from automatic route and 8 firms raised via approval route.

Ask Anil: About paying tax on FDs and MFs

Ask Anil: About paying tax on FDs and MFs

Rediff.com17 Dec 2020

Tax Guru Anil Rego answers your personal income tax queries

3 major factors that will drive the rupee in 2019?

3 major factors that will drive the rupee in 2019?

Rediff.com10 Dec 2018

Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.

5 careless tax mistakes you must avoid

5 careless tax mistakes you must avoid

Rediff.com12 Aug 2015

Or else, be ready for tax trouble...

Earnings of Sensex companies: March to be best in 7 quarters

Earnings of Sensex companies: March to be best in 7 quarters

Rediff.com11 Apr 2016

Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter

Markets pose smart recovery in late trades; Nifty ends above 7,850

Markets pose smart recovery in late trades; Nifty ends above 7,850

Rediff.com18 May 2016

Auto stocks are weighing on the indices.

Sensex ends below 27,000, IIP CPI data eyed; Infosys major loser

Sensex ends below 27,000, IIP CPI data eyed; Infosys major loser

Rediff.com12 Oct 2015

Participants are eyeing the Bihar elections.

PE investments fall 50% in first 6 months

PE investments fall 50% in first 6 months

Rediff.com30 Jun 2016

Unlike last year, investors turn cautious on e-commerce sector.

Apr-Jun fiscal deficit at 51.6% of Budget estimates

Apr-Jun fiscal deficit at 51.6% of Budget estimates

Rediff.com31 Jul 2015

The fiscal deficit in the first three months of current fiscal stood at Rs 2.86 lakh crore or 51.6 per cent of Budget estimates for 2015-16.

From Aquaguard salesman to entrepreneur

From Aquaguard salesman to entrepreneur

Rediff.com20 Dec 2019

Prof B Ravishankar from Mylapore, Chennai shares his inspiring story.

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.

Economic Survey: Indian markets resilient despite global volatility

Economic Survey: Indian markets resilient despite global volatility

Rediff.com26 Feb 2016

The Survey also said that the borrowings by banks have increased significantly.

Is India better placed to weather monetary storm than China?

Is India better placed to weather monetary storm than China?

Rediff.com10 Mar 2014

India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.

GDP data belies note ban fears; economy grows at 7%

GDP data belies note ban fears; economy grows at 7%

Rediff.com28 Feb 2017

India's growth slowed in three months through December from a revised 7.4% expansion in the previous quarter, but it was much stronger than expected.

Services attract highest FDI despite Make in India push

Services attract highest FDI despite Make in India push

Rediff.com9 Jul 2015

Services attract highest foreign direct investment, despite Make in India push.

Permissions of 71 TV channels cancelled: Govt

Permissions of 71 TV channels cancelled: Govt

Rediff.com8 Aug 2013

Permissions of 71 TV channels have been cancelled by the information and broadcasting ministry for various reasons after a comprehensive review of the companies operating them, Lok Sabha was informed on Thursday.

Modi and Manmohan: After one year, spot the differences

Modi and Manmohan: After one year, spot the differences

Rediff.com11 May 2015

There are actually great similarities between the two PM

Kingfisher Airlines posts Rs 822 crore Q3 loss

Kingfisher Airlines posts Rs 822 crore Q3 loss

Rediff.com12 Feb 2014

The airline which has not flown for more than a year, had reported a loss of Rs 755.17 crore (Rs 7.55 billion) a year earlier, Kingfisher said in a filing to the BSE.

India to grow at 5.4% in Q2, says Assocham

India to grow at 5.4% in Q2, says Assocham

Rediff.com28 Nov 2013

The second-quarter GDP numbers are scheduled to be announced on Friday.

Modest uptick in corporation tax paints not-too-rosy a picture

Modest uptick in corporation tax paints not-too-rosy a picture

Rediff.com30 Sep 2016

Advance corporation tax collections grew 8 per cent in H1FY17 against 6 per cent last year. A moderate pick up in advance corporation tax collections suggest the sector might not witness significantly high growth in FY17, says Dilasha Seth.

Home ministry serves notice 2 NGOs run by Teesta Setalvad

Home ministry serves notice 2 NGOs run by Teesta Setalvad

Rediff.com19 Jun 2015

Two non-government organisations run by social activist Teesta Setalvad and her husband have been served notice by the home ministry for alleged violations of the Foreign Contribution Regulation Act and asked to reply within 15 days.

Tata Motors top gainer as Sensex turns upbeat over Hillary's chances

Tata Motors top gainer as Sensex turns upbeat over Hillary's chances

Rediff.com8 Nov 2016

The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.

WATCH: Flood waters wash away cars in Mumbai's Shantivan

WATCH: Flood waters wash away cars in Mumbai's Shantivan

Rediff.com31 Aug 2017

Residents yet to recover from shock as Dahisar river in spate leaves behind a wake of destruction.

Has the economy dramatically changed recently?

Has the economy dramatically changed recently?

Rediff.com22 Jun 2017

A V Rajwade wonders if the Modi sarkar is pursuing price stability at the cost of potential social instability in both rural and urban India.

India's share in M&As of emerging nations is a mere 5.1%

India's share in M&As of emerging nations is a mere 5.1%

Rediff.com4 Oct 2013

India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.

Buying insurance cover: Do women matter?

Buying insurance cover: Do women matter?

Rediff.com3 Nov 2017

There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports

Sensex scales 17-month high; gains 446 points at close

Sensex scales 17-month high; gains 446 points at close

Rediff.com6 Sep 2016

In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each

India to grow at 5-year high of 7.6% in 2015-16

India to grow at 5-year high of 7.6% in 2015-16

Rediff.com8 Feb 2016

India said its economy grew 7.3 percent in the October-December quarter.

Is Modi govt weakening HAL?

Is Modi govt weakening HAL?

Rediff.com16 Jan 2019

With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.