News for 'banking correspondent'

Markets end lower amid weak earnings from ITC, L&T

Markets end lower amid weak earnings from ITC, L&T

Rediff.com30 Oct 2015

The Sensex ended lower on unfavourable cues.

India reeling under cash crunch, but this mint can't print Rs 2,000 notes

India reeling under cash crunch, but this mint can't print Rs 2,000 notes

Rediff.com9 Dec 2016

In the third of a four-part series, Business Standard reporter travels to Nashik to assess how the currency press there is responding to demonetisation.

Amid industry gloom, some life insurers see rise in profits

Amid industry gloom, some life insurers see rise in profits

Rediff.com26 Aug 2013

HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.

How Modi's anti-corruption drive has helped

How Modi's anti-corruption drive has helped

Rediff.com10 Oct 2017

Rapid rise in disposal of corruption cases against govt employees has helped

Markets snap 3-day winning streak, Nifty holds 8,250; Midcaps outshine

Markets snap 3-day winning streak, Nifty holds 8,250; Midcaps outshine

Rediff.com20 Oct 2015

The index had risen over 585 points in the previous three sessions.

Govt wants rate cuts to revive growth

Govt wants rate cuts to revive growth

Rediff.com25 Sep 2017

Lower interest rates needed to boost manufacturing, officials say.

Nifty can rise to 9,400-9,425 in short term

Nifty can rise to 9,400-9,425 in short term

Rediff.com27 Apr 2017

The focus is on corporate results at one level but global news will also have an impact

India braces for lower growth forecast ahead of polls

India braces for lower growth forecast ahead of polls

Rediff.com7 Feb 2014

The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.

India Inc set for a tepid show in Q3

India Inc set for a tepid show in Q3

Rediff.com9 Jan 2015

Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.

After Bandhan, another micro lender in Bengal eyes the big league

After Bandhan, another micro lender in Bengal eyes the big league

Rediff.com13 Jul 2016

What is it about Arohan that puts it in the top league of microfinance institutions in the country?

What ails India's GDP figure?

What ails India's GDP figure?

Rediff.com16 Mar 2017

The new IIP series based on the new base year, is expected to lead to better capturing of ground data

Will the Fugitive Economic Offenders Bill of any real use?

Will the Fugitive Economic Offenders Bill of any real use?

Rediff.com12 Mar 2018

Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders

New simplified pension form for retired govt employees

New simplified pension form for retired govt employees

Rediff.com21 Feb 2014

The new 'Form 5' has been brought for the benefit of pensioners and it will record all information on the basis of self-attestation by the individual concerned, said Sanjay Kothari, Secretary, Department of Administrative Reforms, Public Grievances and Pension.

Muzaffarpur shelter home case: Minister resigns, accused's face blackened

Muzaffarpur shelter home case: Minister resigns, accused's face blackened

Rediff.com8 Aug 2018

'Brajesh Thakur spoke to half a dozen Union ministers, some Bihar ministers and Manju Verma's husband between the process of lodging the FIR against him on May 31 and his arrest on June 2.'

Sensex ends up 146 points on coal sector reforms

Sensex ends up 146 points on coal sector reforms

Rediff.com21 Oct 2014

Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.

Equity, debt or liquid: Which fund is most suitable for you?

Equity, debt or liquid: Which fund is most suitable for you?

Rediff.com21 May 2018

Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.

Sensex ends lower amid choppy trade; Sun Pharma, ITC drag

Sensex ends lower amid choppy trade; Sun Pharma, ITC drag

Rediff.com21 Jul 2015

Sensex dull at close, Infosys rules, ITC drags.

Rate cut hope, global cues buoy markets; Sensex closes up 265 points

Rate cut hope, global cues buoy markets; Sensex closes up 265 points

Rediff.com15 Jul 2015

Asia has opened largely in the green ahead of a raft of Chinese data due during the day.

Gold prices to remain low if US raises rates

Gold prices to remain low if US raises rates

Rediff.com30 Jul 2015

Gold is currently trading at Rs 25,200 for 10 grams.

'Investment spurt will ensure 5% GDP growth for India'

'Investment spurt will ensure 5% GDP growth for India'

Rediff.com8 Jan 2014

India's economic growth had slumped to a decade's low of five per cent in 2012-13.

Key factors that dented DLF's performance in Q3

Key factors that dented DLF's performance in Q3

Rediff.com10 Feb 2015

DLF has a land bank of 295 million sq ft, of which 50 million sq ft is under development.

'Bond market likely to see a major correction'

'Bond market likely to see a major correction'

Rediff.com5 Oct 2017

It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.

What is tax buoyancy, how it works for the economy?

What is tax buoyancy, how it works for the economy?

Rediff.com16 Nov 2015

If the surge in tax collections is sustainable, the finance minister has the elbow room to shoot for a fiscal deficit

Modi's infrastructure splurge revives investment in India

Modi's infrastructure splurge revives investment in India

Rediff.com13 Oct 2015

Encouragingly, the recovery also appears to be becoming broad-based

Cash crisis: Aaj ki taaza khabar!

Cash crisis: Aaj ki taaza khabar!

Rediff.com15 Nov 2016

Aaj ka taaza khabar

Coming of the second 'Bombay Club'

Coming of the second 'Bombay Club'

Rediff.com22 Mar 2018

Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.

DLF Q2 net profit up by 9% at Rs 109 crore

DLF Q2 net profit up by 9% at Rs 109 crore

Rediff.com13 Nov 2014

Its net profit stood at Rs 100.05 crore (Rs 1 billion) in the year-ago period.

Why US kept cool during India-Pak crisis

Why US kept cool during India-Pak crisis

Rediff.com4 Mar 2019

'Traditionally, the US tried to tamp down tensions whenever a crisis situation arose and deputed officials from Washington to travel to Delhi to counsel restraint.' 'This time around, no US envoy flew down to Delhi -- not even when tensions spiked and a flashpoint was reached last week,' points out Ambassador M K Bhadrakumar.

IT sector beats financial firms in salary payouts

IT sector beats financial firms in salary payouts

Rediff.com8 Jun 2014

Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.

Sensex falls most in over 3 weeks, down 414pts on global sell-off

Sensex falls most in over 3 weeks, down 414pts on global sell-off

Rediff.com1 Aug 2014

The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.

Cabinet clears 14 changes to Companies Act

Cabinet clears 14 changes to Companies Act

Rediff.com3 Dec 2014

The move is aimed at making it easier to do business in India.

Railway revival: A race against time

Railway revival: A race against time

Rediff.com1 Jun 2016

The railways continue to lose market share with an actual fall in the number of passengers and stagnant freight tonnage, says Subir Roy.

Policy makers can brace for good times ahead

Policy makers can brace for good times ahead

Rediff.com5 Sep 2014

While the US is definitely recovering, Europe, Japan and, now, China are all going through another wave of what some fear could be a multi-year slowdown.

IAF told to save dwindling squadrons till Rafale arrives

IAF told to save dwindling squadrons till Rafale arrives

Rediff.com20 Apr 2015

Defence Minister Manohar Parrikar has asked the Indian Air Force to focus on safety and conservation of available resources as he interacted with top commanders in New Delhi just days after India decided to buy 36 Rafale jets.

Can Indian elephant take on Chinese dragon? 'Not in the next 20 years'

Can Indian elephant take on Chinese dragon? 'Not in the next 20 years'

Rediff.com28 Apr 2015

'If India and China come together, 40 per cent of the world's people are going to be prosperous'

Budget should encourage financial savings: CII

Budget should encourage financial savings: CII

Rediff.com9 Jul 2014

Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.

How the Tatas are fighting job scams

How the Tatas are fighting job scams

Rediff.com30 Mar 2015

A high-level three-member committee is formed to grow awareness about fraudulent job offers.

Sensex gains nearly 100 points ahead of July F&O expiry

Sensex gains nearly 100 points ahead of July F&O expiry

Rediff.com30 Jul 2014

Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.

Investors: Beware of your broker

Investors: Beware of your broker

Rediff.com27 Apr 2018

If you leave too much money lying in your trading account or hand over your securities to brokers, there is always the risk that they could use it to trade in the markets.

Why RBI should do more to prevent rupee appreciation

Why RBI should do more to prevent rupee appreciation

Rediff.com13 Mar 2015

The rupee has not depreciated enough against other currencies.