News for 'credit society'

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

Taali Review: Sushmita Is Applause-worthy

Taali Review: Sushmita Is Applause-worthy

Rediff.com15 Aug 2023

It would be unfair to accommodate Gauri's incredible journey in six episodes, but the makers have done justice by casting Sushmita Sen. She adds a touch of elegance and reform in some of the most challenging scenes, applauds Divya Nair.

NRIs: Pop Nationalism To Identity Supremacy

NRIs: Pop Nationalism To Identity Supremacy

Rediff.com21 Oct 2023

Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.

Cong hits out at Union minister Puri for Rahul criticism

Cong hits out at Union minister Puri for Rahul criticism

Rediff.com27 Mar 2023

The political discourse hit a new low on Monday with Union Minister Hardeep Singh Puri making disparaging remarks targeting Rahul Gandhi and the Congress paying him back in the same coin.

Cong blames state leadership for Guj rout, says it's time for introspection

Cong blames state leadership for Guj rout, says it's time for introspection

Rediff.com9 Dec 2022

Ramesh said the local leadership and admitted there were shortcomings in the party's campaign there.

Manipur women leaders say quota needed for fair representation

Manipur women leaders say quota needed for fair representation

Rediff.com21 Feb 2022

Despite the fact that the number of Manipuri women voters at more than 10.57 lakh, outnumber males (9.90 lakh) and are known to take the lead when it comes to civil society movements, women find it difficult to rise in electoral politics against the tradition of male dominance.

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

Merger with HDFC: RBI gives some leeway to HDFC Bank

Merger with HDFC: RBI gives some leeway to HDFC Bank

Rediff.com21 Apr 2023

In a mixed bag for HDFC Bank ahead of the parent HDFC's merger with itself, the Reserve Bank of India has declined to make exceptions on certain aspects, and has offered some leeway on others. The country's largest private sector lender, which is aiming to conclude the merger with the home finance major by July, had written to the central bank seeking certain forbearances after announcing the $40-billion merger in April last year. In an exchange filing this evening, HDFC Bank said it received a response from RBI on Thursday and also said that there are a few pending issues.

Shah, KCR lock horns on Hyderabad annexure celebrations

Shah, KCR lock horns on Hyderabad annexure celebrations

Rediff.com17 Sep 2022

The BJP and TRS took digs at each other over the celebrations marking the annexing of the erstwhile Nizam-ruled Hyderabad state to the Union of India, with the former slamming vote bank politics behind the lack of official commemoration so far while the ruling party warned against communal forces trying to divide the society.

Historic win for BJP in Gujarat; Cong posts worst performance

Historic win for BJP in Gujarat; Cong posts worst performance

Rediff.com8 Dec 2022

In winning a seventh term, the BJP also matched the Left Front's feat in West Bengal.

K'taka to consult with experts before introducing Bhagwad Gita in schools

K'taka to consult with experts before introducing Bhagwad Gita in schools

Rediff.com18 Mar 2022

Claiming that the cultural values among children were taking a beating, the minister said many people have demanded that moral science should be introduced.

Kerala Vande Bharat Express: Target 2024?

Kerala Vande Bharat Express: Target 2024?

Rediff.com28 Apr 2023

Prime ministers turning up with such frequency to launch trains is an indication of the political mileage resident in public transport. Will our railways step out of the government's shadow? After all, they are the ones manufacturing trains and running them, notes Shyam G Menon.

'Hindutva is the language you speak today'

'Hindutva is the language you speak today'

Rediff.com1 Jun 2023

'Education played the most significant role in entrenchment of Hindutva ideology in coastal Karnataka.' 'Teachers of most of the schools, junior colleges, degree colleges and universities are active agents of Hindutva propaganda.'

Centre won't share burden of farm-loan waivers

Centre won't share burden of farm-loan waivers

Rediff.com5 Apr 2017

Uttar Pradesh and Punjab have announced loan waivers for farmers, while Maharashtra has not despite Opposition pressure. Sanjeeb Mukherjee reports.

Protest with woman's body against scam-hit Kerala co-op bank kicks up row

Protest with woman's body against scam-hit Kerala co-op bank kicks up row

Rediff.com29 Jul 2022

He also said a total of Rs 38.75 crore, deposited by people in the Karavannur Cooperative bank in this district, which is now facing charges, had already been returned.

Now, ponzi schemes resurface in Bengal in a new avatar

Now, ponzi schemes resurface in Bengal in a new avatar

Rediff.com7 Dec 2014

Neither do they have a no-objection certificate from the state nor any kind of Reserve Bank of India permission.

Modi's Dilemma: China and Pakistan

Modi's Dilemma: China and Pakistan

Rediff.com8 May 2023

Mr Modi might have questions to ask himself on the most formidable strategic challenge before India that he inherited from the United Progressive Alliance: The triangulation between China and Pakistan. The failure to break out of it, or even loosen it a bit, is something to reflect on, notes Shekhar Gupta.

What Shah's cooperation ministry will do

What Shah's cooperation ministry will do

Rediff.com16 Jul 2021

New ministry will bring much-needed transparency in the functioning of the cooperatives, which so far have been riddled with allegations of political interference and mismanagement.

'Living on the edge keeps me going'

'Living on the edge keeps me going'

Rediff.com4 Feb 2023

'I channelise my despair and anger into telling relevant stories and through them, taking on those who have made it a business to be intolerant.'

e-Rupee: An Idea Whose Time Has Come?

e-Rupee: An Idea Whose Time Has Come?

Rediff.com24 Nov 2022

The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.

'I have grown some steel in my psyche'

'I have grown some steel in my psyche'

Rediff.com4 Jan 2023

'I'm 79 + now, and I've been doing all this since my late 20s.' 'Sometimes the ideological war extends to the home as well.' 'Many nights I couldn't sleep when someone close to me uttered the smallest insult.' 'It would cause me a lot of pain. But one has to be honest to oneself.'

Egypt deports key official of Nirav Modi's firm

Egypt deports key official of Nirav Modi's firm

Rediff.com12 Apr 2022

Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav Modi bank fraud case, was "deported" from Cairo on Tuesday after a long diplomatic and legal process, officials said in New Delhi. A CBI team had gone to Egypt's capital to bring back 50-year-old Parab, who was allegedly kept in illegal confinement in a Cairo suburb by Modi, the fugitive diamantaire, they said. The CBI had been chasing Parab, deputy general manager (finance) in Modi's Firestar Diamond and understood to be a key witness to the Letters of Undertaking (LoU) submitted to the Punjab National Bank (PNB) to siphon off over Rs 7,000 crore, they said.

'We've to change how we look at old age'

'We've to change how we look at old age'

Rediff.com3 Feb 2023

'We always think of retirement as a time to settle down, that it is the sunset of our lives.' 'Instead of calling it retirement, we must call it 're-tyre-ing', that is putting a new set of tyres and going on a new journey.'

India's richest 1% own more than 40% of total wealth: Oxfam

India's richest 1% own more than 40% of total wealth: Oxfam

Rediff.com16 Jan 2023

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

ED raids 26 locations in ABG Shipyard bank fraud case

ED raids 26 locations in ABG Shipyard bank fraud case

Rediff.com26 Apr 2022

As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.

Agnipath will make youngsters better citizens: Top commanders

Agnipath will make youngsters better citizens: Top commanders

Rediff.com15 Jun 2022

"Only time will tell us about that but I am quite sure that if a youngster who has, as you said, got brainwashed (into terrorism), joins the services under the scheme and stays with us for four years, I am sure he will be a different person and probably more of an Indian than a radical as you brought out," the air marshal told reporters.

'Nari shakti', festivals, spirituality themes of this year's states' tableaux

'Nari shakti', festivals, spirituality themes of this year's states' tableaux

Rediff.com26 Jan 2023

"Nari shakti" and women empowerment dominated the theme of tableaux of Kerala, Karnataka, Tamil Nadu, Maharashtra and Tripura at the Republic Day parade here on Thursday.

Get Ready For Ranbir's SUPERPOWERS in Brahmastra!

Get Ready For Ranbir's SUPERPOWERS in Brahmastra!

Rediff.com15 Jun 2022

Full credit to Ayan Mukerji for venturing into the 'Astraverse', says Deepa Gahlot.

SBI launches its first dedicated branch for start-ups in Bengaluru

SBI launches its first dedicated branch for start-ups in Bengaluru

Rediff.com16 Aug 2022

State Bank of India (SBI) on Tuesday announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country here, to facilitate and support them. The branch launched by SBI chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city. "...overall we are in a position to provide end-to-end services to start-ups, with that in mind this particular start-up branch is the first start-up branch we are starting, from the capital city of start-ups- Bengaluru.

How the wealth of India's richest can make a difference

How the wealth of India's richest can make a difference

Rediff.com16 Jan 2023

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday. Releasing the India supplement of its annual inequality report on the first day of the World Economic Forum Annual Meeting in Davos, rights group Oxfam International said that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school. "A one-off tax on unrealized gains from 2017-2021 on just one billionaire, Gautam Adani, could have raised Rs 1.79 lakh crore, enough to employ more than five million Indian primary school teachers for a year," it added.

Rubber Prices, The Church, BJP's Kerala Ambitions

Rubber Prices, The Church, BJP's Kerala Ambitions

Rediff.com10 Apr 2023

With elections elsewhere in India showing that multi-pronged contests usually work to the BJP's favour, the party can gain if it hangs on stubbornly. In the meantime, any additional support helps. That is why the archbishop's comment attracted political traction in Kerala, observes Shyam G Menon.

When 'national pride' trumps obvious questions

When 'national pride' trumps obvious questions

Rediff.com22 Dec 2021

Should we not stop uncritically celebrating NRIs' elevation without regard to what kind of companies they are getting to run, and the nature of their products or business practices, asks T N Ninan.

No, Friends is Not The Best Sitcom Ever!

No, Friends is Not The Best Sitcom Ever!

Rediff.com14 Jul 2023

'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.

Bank fraud: ED registers money laundering case against ABG Shipyard

Bank fraud: ED registers money laundering case against ABG Shipyard

Rediff.com17 Feb 2022

The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.

In final speech as VP Naidu deplores 'freebie culture'

In final speech as VP Naidu deplores 'freebie culture'

Rediff.com9 Aug 2022

The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.

Banks And Fintech Both Need Each Other

Banks And Fintech Both Need Each Other

Rediff.com2 Dec 2021

The fundamental issue between banks and fintech would be who will own the customer and who will be the service provider.

A Budget With An Eye On Elections

A Budget With An Eye On Elections

Rediff.com10 Feb 2023

Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.

In Tharoor's Loss Lies His Win

In Tharoor's Loss Lies His Win

Rediff.com7 Oct 2022

The 136-year-old baby, argues Shyam G Menon, is taking a tiny step to tackling the biggest dread of old age: Change.

The Best Of Yash Chopra On OTT

The Best Of Yash Chopra On OTT

Rediff.com11 May 2023

Deepa Gahlot lists the most popular Yash Chopra films -- the ones he directed, not produced (yes, so that means no DDLJ) -- that can be watched on OTT.