News for 'banking correspondent'

Desperate Russia opens doors for foreign militaries

Desperate Russia opens doors for foreign militaries

Rediff.com26 Aug 2015

So keen is Moscow that India buy its helicopter -- Kamov-226T -- that President Vladimir Putin personally took up the issue with PM Narendra Modi during their summit meeting last year

Markets end lower on caution over key reforms; IT, real estate bleed

Markets end lower on caution over key reforms; IT, real estate bleed

Rediff.com20 Jul 2015

Sensex ends lower; govt schemes in focus.

Don't undermine the strides made by Jan-Dhan

Don't undermine the strides made by Jan-Dhan

Rediff.com4 May 2016

The assessment of PMJDY should be done within the context of the programme.

Why Washington Post's coverage of Kashmir is not credible

Why Washington Post's coverage of Kashmir is not credible

Rediff.com3 Oct 2019

'The Post's coverage is not an authentic public discourse guided by unbiased Western intellectuals, but a slanted doomsday propaganda orchestrated by Indians and expatriate Indians,' argues Vivek Gumaste.

Weak rupee, SBI earnings drag Sensex, Nifty lower

Weak rupee, SBI earnings drag Sensex, Nifty lower

Rediff.com11 Aug 2015

Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.

Why dollar's rise against euro won't impact rupee much

Why dollar's rise against euro won't impact rupee much

Rediff.com9 Sep 2014

On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.

Jewellers go hi-tech to boost sales

Jewellers go hi-tech to boost sales

Rediff.com29 Dec 2018

Many offer personalised ornaments with 3D printed images and engraved names to lure customers in a scenario of high gold prices.

Sensex vaults 460 points as prospects of Fed rate hike wane

Sensex vaults 460 points as prospects of Fed rate hike wane

Rediff.com9 May 2016

Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each

Nifty gave one bullish signal

Nifty gave one bullish signal

Rediff.com10 Jan 2017

Nifty recorded higher highs in the past week.

Hiring activity picks up in Aug: Naukri

Hiring activity picks up in Aug: Naukri

Rediff.com22 Sep 2014

Apart from the telecom and BPO sector, IT and banking sector and auto and pharma experienced significant year-on-year growth during August.

'Mr Naipaul, forget about it'

'Mr Naipaul, forget about it'

Rediff.com26 Aug 2018

'I don't think you have anything to say to me and I certainly don't have anything to say to you.' Bharat Bhushan recalls his encounters with V S Naipaul.

Budget 2017-18 could be populist in nature

Budget 2017-18 could be populist in nature

Rediff.com12 Dec 2016

The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.

How much does he know? Jaitley says on Rahul; Congress hits back

How much does he know? Jaitley says on Rahul; Congress hits back

Rediff.com6 Jun 2018

The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.

Sensex races to 7-month high, retakes 26k on oil, Q4 data

Sensex races to 7-month high, retakes 26k on oil, Q4 data

Rediff.com26 May 2016

Sensex surged 486 points or 1.9%.

5 ways we can fix India's unemployment crisis

5 ways we can fix India's unemployment crisis

Rediff.com27 Aug 2019

Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.

Are farmers in India and China losing the plot?

Are farmers in India and China losing the plot?

Rediff.com8 May 2019

Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.

India's Q3 gold demand surges 39% to 225.1 tonnes: WGC

India's Q3 gold demand surges 39% to 225.1 tonnes: WGC

Rediff.com13 Nov 2014

The overall third quarter demand in the country for 2013 stood at 161.6 tonnes, WGC Gold Demand Trends report showed.

Bears grip markets on tepid earnings, reforms uncertainty

Bears grip markets on tepid earnings, reforms uncertainty

Rediff.com24 Jul 2015

Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

Sensex hits seven-month high on positive GDP data

Sensex hits seven-month high on positive GDP data

Rediff.com1 Jun 2016

Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.

Fiscal deficit in Apr-Sep period balloons to 20-year high

Fiscal deficit in Apr-Sep period balloons to 20-year high

Rediff.com1 Nov 2016

If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.

Swiss gold exports to India near Rs 1-trillion in 2014

Swiss gold exports to India near Rs 1-trillion in 2014

Rediff.com15 Dec 2014

Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.

How FMCG firms plan to boost growth in rural India

How FMCG firms plan to boost growth in rural India

Rediff.com6 Nov 2019

Although large companies like Nestle, Dabur or HUL have been impacted by this slowdown in demand, it was the small, local players that have been hit harder.

Demonetisation: Why Rs 4.5 lakh crore may vanish from the system

Demonetisation: Why Rs 4.5 lakh crore may vanish from the system

Rediff.com23 Nov 2016

The government could carry out the demonetisation exercise over periodic intervals along with its surprise element, says Soumya Kanti Ghosh.

Hopes of rating upgrade set to strengthen rupee

Hopes of rating upgrade set to strengthen rupee

Rediff.com29 Aug 2014

Growth in India's gross domestic product for the June quarter of 2013-14, as well as for the entire 2014-15, was 4.7%.

Why India needs bankruptcy code urgently

Why India needs bankruptcy code urgently

Rediff.com19 Jun 2015

The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.

Winsome Diamonds in death wheeze: Auditors

Winsome Diamonds in death wheeze: Auditors

Rediff.com7 Mar 2014

The auditors have discovered lack of confirmation of balances from 14 overseas buyers as claimed by Winsome Diamonds.

Post FM's lifeline, markets to see best Monday so far in 2019?

Post FM's lifeline, markets to see best Monday so far in 2019?

Rediff.com24 Aug 2019

Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.

Indians can invest up to $2,50,000 overseas annually

Indians can invest up to $2,50,000 overseas annually

Rediff.com3 Feb 2015

Encouraged by foreign exchange reserves touching record levels, the Reserve Bank on Tuesday doubled the annual overseas investment ceiling for individuals to $2,50,000.

iGate Q1 net down 9%, forex headwinds remain key concern

iGate Q1 net down 9%, forex headwinds remain key concern

Rediff.com10 Apr 2014

Going ahead iGate will have to maintain a healthy order book to sustain growth.

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

Govt flags deflation as new challenge for economy

Govt flags deflation as new challenge for economy

Rediff.com2 Sep 2015

The WPI has been in the negative zone since November.

Markets end in red ahead of the FOMC meet; metal & oil shares drag

Markets end in red ahead of the FOMC meet; metal & oil shares drag

Rediff.com27 Oct 2015

Pharma major Lupin and mortgage lender HDFC were the top losers.

Jan Dhan target to be met, but only on paper

Jan Dhan target to be met, but only on paper

Rediff.com6 Oct 2014

As the Jan-Dhan scheme completes a month since its official launch, reports coming in from various parts of the country suggest the stated target of 75 million new accounts will be achieved much before January 26 next year.

Black money case: List of 627 foreign account holders given to SC

Black money case: List of 627 foreign account holders given to SC

Rediff.com29 Oct 2014

The Centre on Wednesday placed a list of names of 627 Indian account holders in HSBC bank, Geneva in the black money case before the Supreme Court which asked a Special Investigation Team to go through the list and take appropriate action in accordance with law.

'Round tripping of jewellery on the rise '

'Round tripping of jewellery on the rise '

Rediff.com14 Nov 2014

Indian exporters are said to be exporting gold jewellery with minimum value addition to get a higher gold import quota for domestic market after imports linked to exports under the 80:20 rule.

How Modi's financial inclusion can become a success

How Modi's financial inclusion can become a success

Rediff.com30 Apr 2015

The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.

Sensex ends flat at 29,136

Sensex ends flat at 29,136

Rediff.com16 Feb 2015

Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.

Spend options before govt from note ban bonanza

Spend options before govt from note ban bonanza

Rediff.com2 Dec 2016

The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.

Sensex ends 190 points higher led by Infosys; Nifty reclaims 7,900

Sensex ends 190 points higher led by Infosys; Nifty reclaims 7,900

Rediff.com18 Apr 2016

Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin