News for 'financial distress'

9% GDP growth is possible over 10-15 years, says FinMin

9% GDP growth is possible over 10-15 years, says FinMin

Rediff.com20 May 2015

Indian economy is expected to expand at 8.5-9 per cent over 10-15 year time frame once the structural issues hampering growth are addressed by the government.

'Centre working to locate Indian ISIS hostages,' says Punjab CM

'Centre working to locate Indian ISIS hostages,' says Punjab CM

Rediff.com15 May 2015

Punjab government on Friday said that the Centre was making all efforts to locate the whereabouts of the 39 Indian youths who had been held hostage for nearly a year by ISIS militants.

A 4-point formula to boost farm economy

A 4-point formula to boost farm economy

Rediff.com20 Feb 2019

The formula for success of farm economy is very simple -- farmers should be able to produce more from the same piece of land at reduced cost while minimising risk and be connected to market to get higher realisation for their produce, points out Siraj Chaudhry.

AGR woes: No decision on relief to telcos at crucial meet

AGR woes: No decision on relief to telcos at crucial meet

Rediff.com28 Feb 2020

Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.

Revealed: The secret to marital bliss

Revealed: The secret to marital bliss

Rediff.com23 Oct 2015

You can improve your chances for high marital quality by using the power of 'thank you' as a recent study suggests that showing gratitude and believing that your partner values you, directly influences how you behave in your marriage.

Heard about side-pocketing in MFs?

Heard about side-pocketing in MFs?

Rediff.com7 Feb 2019

Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.

Lakshmi Vilas Bank had dug its own grave

Lakshmi Vilas Bank had dug its own grave

Rediff.com4 Dec 2020

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.

Dear Modiji, an Indian's SoS from Turkey

Dear Modiji, an Indian's SoS from Turkey

Rediff.com13 May 2020

'Kindly have us airlifted at the earliest. We are in a very bad situation here.'

1 out of 10 professionals in metro cities face anxiety or depression!

1 out of 10 professionals in metro cities face anxiety or depression!

Rediff.com12 Apr 2018

What's even more worrying is the age distribution.

Banks, FIs cream bull run

Banks, FIs cream bull run

Rediff.com21 Aug 2003

Budget must provide a realistic road map

Budget must provide a realistic road map

Rediff.com14 Jan 2021

'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.

Fear of the future provokes mental health crisis

Fear of the future provokes mental health crisis

Rediff.com14 Sep 2020

The young are most vulnerable to self-harm and suicidal ideas at this time.

Can you let people die like this? SC flays states over pollution

Can you let people die like this? SC flays states over pollution

Rediff.com6 Nov 2019

"We have to make government responsible for this," the bench said and asked, "Why can't govt machinery stop stubble burning?"

Govt's fiscal stimulus package hopelessly inadequate: Chidambaram

Govt's fiscal stimulus package hopelessly inadequate: Chidambaram

Rediff.com18 May 2020

Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.

Can Modi 'develop' India by 2022?

Can Modi 'develop' India by 2022?

Rediff.com31 Oct 2017

'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.

How the economy stands to gain from bank recapitalisation move

How the economy stands to gain from bank recapitalisation move

Rediff.com25 Oct 2017

The move will have cascading effects for lot of related sectors

'Entrepreneurship in India is looked at with mistrust'

'Entrepreneurship in India is looked at with mistrust'

Rediff.com2 Aug 2019

'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'

How to become rich in 2015? 6 easy ways for you

How to become rich in 2015? 6 easy ways for you

Rediff.com31 Dec 2014

Here are six New Year Resolutions which will definitely help in achieving your financial goals in the long run.

Want to avoid cancer? Please read this

Want to avoid cancer? Please read this

Rediff.com14 May 2018

Cancer cells thrive in acidic environments.

Why ignoring the Bankruptcy Code will be a BIG mistake

Why ignoring the Bankruptcy Code will be a BIG mistake

Rediff.com4 Dec 2017

The initiation of IBC proceedings in respect of a debtor has certain drastic consequences on both day-to-day running of the business of a debtor and on all creditors generally.

Prime Minister Modi, left of centre?

Prime Minister Modi, left of centre?

Rediff.com10 Feb 2016

Prime Minister Narendra Modi has managed to pull off what was unimaginable a year back -- adopting a much-needed centre-left approach, says Devanik Saha.

Investing in stocks? Good monsoon may still be a gamble

Investing in stocks? Good monsoon may still be a gamble

Rediff.com16 May 2016

A good monsoon would translate into demand pickup across multiple sectors.

3 reasons why fall in crude prices won't benefit India

3 reasons why fall in crude prices won't benefit India

Rediff.com10 Mar 2020

Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.

TN seeks special package of Rs 1K cr to address water crisis

TN seeks special package of Rs 1K cr to address water crisis

Rediff.com21 Jun 2019

The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.

Gold may continue to boost economy

Gold may continue to boost economy

Rediff.com4 Dec 2015

Gold import in the December quarter is estimated to come down.

Why did Modi shoot down farm loan waivers?

Why did Modi shoot down farm loan waivers?

Rediff.com31 Jan 2019

Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.

How Skymet weathered the storm

How Skymet weathered the storm

Rediff.com10 Aug 2016

If Jatin Singh is right in the long run and his morphed business can help reduce farmer distress, Skymet will provide a service of far more value from where it began

India Inc pitches for rate cut to prop up growth

India Inc pitches for rate cut to prop up growth

Rediff.com17 Jan 2019

CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.

Investors see windfall from India's restructured discom bonds

Investors see windfall from India's restructured discom bonds

Rediff.com27 Jul 2015

Restructured debt from Indian power distributors lures investors

Crypto currency investors hit hard by RBI diktat to banks

Crypto currency investors hit hard by RBI diktat to banks

Rediff.com7 Apr 2018

'As an investor, I either have to exit my investments in the next three months or use dark pools or cash to transact. For a normal investor, it will be almost impossible to transact in bitcoin and other digital currencies.'

Opposition readies to use Urjit's resignation in House battle

Opposition readies to use Urjit's resignation in House battle

Rediff.com11 Dec 2018

Opposition leaders plan to go to the people to create awareness, as well as protest the "erosion of RBI's credibility" in Parliament, in the coming days and weeks to build public opinion against the Modi government's move to take away the RBI reserves, reports Archis Mohan.

Defence budget inadequate, may affect military preparedness: Parl panel

Defence budget inadequate, may affect military preparedness: Parl panel

Rediff.com10 Mar 2017

Coming down hard on the government for meagre increase in allocation for armed forces in the last few years, the Parliamentary Standing Committee on Defence said the outlay cannot even fulfill the basic requirements of the armed forces.

Rajan sets inflation fight, bank books clean-up as priorities

Rajan sets inflation fight, bank books clean-up as priorities

Rediff.com27 Aug 2015

Reserve Bank Governor Raghuram Rajan on Thursday said the central bank will continue its focus on taming inflation, speeding up resolution of distressed projects and ensuring enough capital for banks through balance sheet clean-up.

Why Bharat will fail to cheer India Inc in FY20

Why Bharat will fail to cheer India Inc in FY20

Rediff.com1 Apr 2019

Falling incomes and longer winter to translate into lower demand for at least some months.

With deal value at record high of $56.2 billion, M&As made it big in 2016

With deal value at record high of $56.2 billion, M&As made it big in 2016

Rediff.com24 Feb 2017

The surge in deal value is largely due to the $12.9 bn Essar-Rosneft deal

PSU banks put Rs 14,000-cr bad loans on the block

PSU banks put Rs 14,000-cr bad loans on the block

Rediff.com15 Jun 2015

Punjab National Bank has the largest share.

No politics on nation's economics, urges Chidambaram

No politics on nation's economics, urges Chidambaram

Rediff.com3 Feb 2014

India needs a place where all regulators could gather and function as in a war room.

Raghuram Rajan's mantras for growth

Raghuram Rajan's mantras for growth

Rediff.com23 Sep 2015

In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.

Jindal brothers sign $976 million power deal

Jindal brothers sign $976 million power deal

Rediff.com4 May 2016

While the deal would help reduce debt at Jindal Steel, it would also be a boon for State Bank of India, which has been trying to broker an agreement between the companies