News for 'financial crisis'

RBI Warns Use Of CBDC As Crisis Safe Haven

RBI Warns Use Of CBDC As Crisis Safe Haven

Rediff.com14 Aug 2024

'The impact of CBDC on deposits and deposit insurance is largely unknown.'

Asia Cup: Know This About Sri Lanka?

Asia Cup: Know This About Sri Lanka?

Rediff.com5 Sep 2025

With six titles -- four more than Pakistan -- and unmatched consistency, Sri Lanka has quietly been the tournament's second-most dominant force.

How to resolve the financial crisis at IITs, IIMs

How to resolve the financial crisis at IITs, IIMs

Rediff.com12 Oct 2009

The recent controversy over faculty pay at the IITs and IIMs suggests that they need to radically reorient themselves as academic institutions

As Election Nears, Patna Gets Metro Boost

As Election Nears, Patna Gets Metro Boost

Rediff.com29 May 2025

The metro, it seems, is politics-proof -- even if it comes at a high cost.

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Rediff.com2 Jul 2025

The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.

Adani crisis may not have significant financial spillover risks: S&P

Adani crisis may not have significant financial spillover risks: S&P

Rediff.com14 Feb 2023

S&P Global Ratings on Tuesday said there will not be any significant direct financial spillover risks because of the problems being faced by the Adani group, though there can be some secondary impact such as banks undertaking extra due diligence while giving loans to corporate. S&P senior director (infrastructure & utilities ratings), Abhishek Dangra said as per external estimates, the exposure of the banking sector to Adani group companies is less than 1 per cent and also the credit ratings of the firms are not at 'distress level'.

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

Global funds' asset under custody see second-worst plunge amid market rout

Global funds' asset under custody see second-worst plunge amid market rout

Rediff.com12 Mar 2025

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.

Bangladesh Crisis: Advantage Tiruppur!

Bangladesh Crisis: Advantage Tiruppur!

Rediff.com6 Aug 2024

India's gain will be an additional business of $300 million to $400 million per month if 10-11% of Bangladesh's export is diverted to Indian hubs like Tiruppur.

Special Ops 2 Review: Dizzyingly Fast

Special Ops 2 Review: Dizzyingly Fast

Rediff.com18 Jul 2025

Special Ops 2 captures the spirit of the modern-day spy thriller and runs with it, observes Deepa Gahlot.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

'The Problem With Quick Fixes Is...'

'The Problem With Quick Fixes Is...'

Rediff.com8 Aug 2025

'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'

Cong axes Nirupam for 6 yrs over remarks against ally Uddhav Sena

Cong axes Nirupam for 6 yrs over remarks against ally Uddhav Sena

Rediff.com4 Apr 2024

Taking note of complaints of indiscipline and anti-party statements, Congress president Mallikarjun Kharge approved Nirupam's expulsion from the party for six years with immediate effect, an official communication from the party said.

'Dr Singh Didn't Take Orders From Sonia Gandhi'

'Dr Singh Didn't Take Orders From Sonia Gandhi'

Rediff.com30 Dec 2024

'Mrs Gandhi had nothing to do in the day-to-day working of Dr Singh's government.' 'People say Mrs Gandhi's office used to give orders, which is nonsense.'

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Promoter dilution in small, midcaps surges

Promoter dilution in small, midcaps surges

Rediff.com4 Oct 2024

The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis. Over 20 per cent of companies listed on BSE MidCap and BSE SmallCap have seen a decline in promoter holdings for five consecutive quarters, reveals data from DSP Mutual Fund, shared with Business Standard. In the latest June quarter, the figure stood at 22.6 per cent.

Moscow keen on revival of Russia-India-China troika

Moscow keen on revival of Russia-India-China troika

Rediff.com30 May 2025

Russian Foreign Minister Sergey Lavrov alleged that NATO is blatantly trying to lure India into anti-China intrigues.

Kerala mass murdererer who killed 5 was on drugs?

Kerala mass murdererer who killed 5 was on drugs?

Rediff.com25 Feb 2025

A 23-year-old man, identified as Afan, has been arrested for allegedly killing six people, including his 13-year-old brother, in Kerala. Police suspect that Afan was under the influence of drugs and have found evidence of drug use. The murders took place across three houses in the Venjaramoodu area near the state capital. Afan's mother, who survived the attack, is hospitalized. The victims also include Afan's grandmother, a young woman said to be his lover, his paternal uncle, and his uncle's wife. Police are investigating the motive behind the murders.

AI 171 Crash: 'Mood Is Grim' At Tata HQ

AI 171 Crash: 'Mood Is Grim' At Tata HQ

Rediff.com13 Jun 2025

The crash has dealt a blow to the conglomerate's efforts to turn around Air India, especially following its merger with Vistara in 2024.

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

BSE: Stock Exchange That Refused To Die

BSE: Stock Exchange That Refused To Die

Rediff.com25 Jul 2025

The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.

Is This The Right Time To Stay Invested In Small Caps?

Is This The Right Time To Stay Invested In Small Caps?

Rediff.com28 Apr 2025

Why try to time the market when time in the market works better? History shows that patient investors who stay the course often walk away with the real rewards, says Ramalingam Kalirajan.

CM Stalin opts out of Governor Ravi's 'At Home' reception

CM Stalin opts out of Governor Ravi's 'At Home' reception

Rediff.com26 Jan 2025

Tamil Nadu Chief Minister M K Stalin did not attend the traditional 'At Home' reception hosted by Governor R N Ravi on Republic Day. Stalin instead visited Madurai to participate in events celebrating the cancellation of the Centre's tungsten mining initiative. The Chief Minister and his cabinet colleagues boycotted the event, following suit with the ruling DMK's allies, including the Congress party. Governor Ravi, who has been critical of the DMK regime, had targeted the Stalin-led government in his Republic Day Eve address, alleging that many state-run universities in Tamil Nadu were in a dire financial crisis. In Madurai, CM Stalin, recalling his assurance that tungsten mining would not be allowed while he remained in office, said the village elders visited him in Chennai and invited him for the felicitation function. He said rather than praising him, it is the people who should be greeted, thanked and felicitated. The union government recently announced its decision to annul the auctioning of the mining rights.

Did Pahalgam Attack Have A UN Angle?

Did Pahalgam Attack Have A UN Angle?

Rediff.com8 May 2025

Pakistan was waiting for an opportunity to bring the Jammu and Kashmir issue to the global agenda and resorted to the terrorism route to provoke India, observes Ambassador T P Sreenivasan.

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

Rediff.com26 May 2025

The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Rediff.com26 Jun 2025

Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.

Income Rise To Boost Household Asset Rebuilding

Income Rise To Boost Household Asset Rebuilding

Rediff.com4 Sep 2024

Households are likely to remain the primary net lenders to the economy in the coming decades.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

Adani crisis: No negative actions so far by lenders, investors, says Crisil

Adani crisis: No negative actions so far by lenders, investors, says Crisil

Rediff.com29 Nov 2024

Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce certain discretionary capital expenditure (capex) depending on developments in financial markets and future capital availability, has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, it said in a bulletin.

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

Want To Invest In Banking Sector Funds?

Want To Invest In Banking Sector Funds?

Rediff.com29 Jan 2025

The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Rediff.com21 Jun 2025

Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

The landmark 1991 budget was Manmohan's trial by fire

The landmark 1991 budget was Manmohan's trial by fire

Rediff.com27 Dec 2024

Dr Manmohan Singh, the architect of India's economic reforms, had to literally face a trial-by-fire to ensure widespread acceptance of his path-breaking Union Budget of 1991 that saw the nation rise from its darkest financial crises.

7 Blasts, 11 Minutes: When Mumbai's Heart Was Bombed

7 Blasts, 11 Minutes: When Mumbai's Heart Was Bombed

Rediff.com11 Jul 2025

Nineteen years later, remembering how terror struck Mumbai's lifeline on July 11, 2006.