News for 'financial distress'

Kejriwal alleges scam in MCD; demands CBI probe

Kejriwal alleges scam in MCD; demands CBI probe

Rediff.com3 Feb 2016

Delhi CM Arvind Kejriwal said the govt will extend a loan of Rs 551 crore to two civic bodies; and alleged a situation was being created through the ongoing strike to prepare grounds for imposition of central rule.

Budget 2016: Modi's panacea for rural India is as hopeless as ever

Budget 2016: Modi's panacea for rural India is as hopeless as ever

Rediff.com7 Mar 2016

In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.

Why China's market fall is good news

Why China's market fall is good news

Rediff.com9 Jul 2015

Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.

Decoding Modi govt's economic priorities

Decoding Modi govt's economic priorities

Rediff.com29 May 2015

Modi govt has a unique style of working, say experts.

New NPA norms: RBI offers some breather

New NPA norms: RBI offers some breather

Rediff.com31 Jan 2014

The Reserve Bank of India (RBI) has offered some leeway to banks for early detection and resolution of bad loans. Under the new regime kicking off from April 1, lenders can finance 50 per cent of the outstanding loan value, RBI said in Framework for Revitalising Distressed Assets in the Economy, released on Thursday.

Sahara enters the fray for its own Grosvenor House hotel!

Sahara enters the fray for its own Grosvenor House hotel!

Rediff.com27 May 2015

Other bidders include Abu Dhabi Investment Authority.

So what if the situation is tough, realty will bounce back soon

So what if the situation is tough, realty will bounce back soon

Rediff.com31 Jul 2015

According to Knight Frank, in the second half of 2015, launches will be down 52 per cent (from 37,643 in the second half of 2014) to 18,000, while absorption will improve 24 per cent.

Hemant Kanoria: The man behind Srei's success

Hemant Kanoria: The man behind Srei's success

Rediff.com11 Apr 2016

Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.

PM announces higher aid for rain-affected farmers

PM announces higher aid for rain-affected farmers

Rediff.com8 Apr 2015

Farmers have suffered a lot on account of natural calamities.

'Jan Aakrosh': Opposition hits the streets against note ban

'Jan Aakrosh': Opposition hits the streets against note ban

Rediff.com28 Nov 2016

Opposition parties are holding nation-wide protests against the currency ban on Monday as part of the Jan Aakrosh Diwas to agitate against demonetisation.

India, Qatar ink 7 agreements to boost cooperation

India, Qatar ink 7 agreements to boost cooperation

Rediff.com5 Jun 2016

Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.

Oh, for a crisis!

Oh, for a crisis!

Rediff.com30 May 2016

The prime minister seems to have turned his face away from the business of introducing serious reform, says T N Ninan.

Sebi lines up reforms, to boost infrastructure projects

Sebi lines up reforms, to boost infrastructure projects

Rediff.com22 Mar 2015

The markets regulator made it easier for banks to acquire control in listed companies.

Few takers for rural job scheme, says govt, SBI data differs

Few takers for rural job scheme, says govt, SBI data differs

Rediff.com9 Dec 2015

SBI data shows the per-capita payouts for scheme have shot up this year.

'BJP must become a more mainstream party'

'BJP must become a more mainstream party'

Rediff.com24 Feb 2017

'If the BJP wins UP and one or two other states, it could get emboldened and press ahead with its reckless agenda, as well as its divisive agenda.' 'If the BJP fails to form the government in UP and suffers a setback in Punjab and maybe one other state, it could go either way: It could become more reckless or pull back, pause and take stock, moderate its position.'

'We'll remonetise what Modi demonetised'

'We'll remonetise what Modi demonetised'

Rediff.com29 Mar 2019

Congress president Rahul Gandhi said the Nyay plan is a game changer and that the scheme is "fiscally perfectly doable" and will not be implemented rashly.

Govt, RBI to tackle inflation, create sound framework: Rajan

Govt, RBI to tackle inflation, create sound framework: Rajan

Rediff.com8 Sep 2014

RBI aiming to bring down headline number to 8% by end of this year and to 6% by the end of next year.

Rains lash Kerala again; toll rises to 163 in 2 states

Rains lash Kerala again; toll rises to 163 in 2 states

Rediff.com14 Aug 2019

Around six lakh people have been housed in over 2000 relief camps in the two states.

New lamps for old, but the genie's missing

New lamps for old, but the genie's missing

Rediff.com21 May 2017

Times without count we have bought more complex procedures in the name of simplification, says Shreekant Sambrani.

Waves of global protectionism may nix 'Make in India' dream

Waves of global protectionism may nix 'Make in India' dream

Rediff.com30 Mar 2017

Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements

The past is not a foreign country

The past is not a foreign country

Rediff.com5 Mar 2016

'Despite a quarter century since India began the uphill battle of moving away from its peculiar hybrid of imperial-feudal-socialism, it remains distressingly -- and sometimes reassuringly -- the country I left in 1986,' says Rahul Jacob.

8/11 and after: The going won't be easy for some more time

8/11 and after: The going won't be easy for some more time

Rediff.com31 Dec 2016

The bigger worry is that its effects could linger well into the next financial year.

'The system is holding Indians back'

'The system is holding Indians back'

Rediff.com1 Sep 2018

'I went to slums in India which were quite destitute, where people were clearly really struggling, but typically there is a sort of sense of purpose.' 'People are hustling.' 'What that tells you is that if the country was so organised in a way to give these people opportunity, then they would make something of it.'

Cyclone Ockhi: Centre offers all aid to Kerala; death toll reaches 25

Cyclone Ockhi: Centre offers all aid to Kerala; death toll reaches 25

Rediff.com4 Dec 2017

Defence Minister Nirmala Sitharaman on Monday visited cyclone-hit Kerala and assured the state of all help while asserting that rescue operations would continue till every missing fishermen was brought back safely.

Why fuelling growth should be a national priority

Why fuelling growth should be a national priority

Rediff.com2 Apr 2015

Over the past few months, macro parameters have improved.

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

Rate cut possible only if inflation eases: Rajan

Rate cut possible only if inflation eases: Rajan

Rediff.com29 Aug 2016

He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent

Working with Ratan Tata

Working with Ratan Tata

Rediff.com27 Mar 2019

Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.

'Economy has been growing at around 5% the last 7-8 years'

'Economy has been growing at around 5% the last 7-8 years'

Rediff.com21 Jun 2019

'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'

Economists find GDP data intriguing, say figures don't add up

Economists find GDP data intriguing, say figures don't add up

Rediff.com1 Mar 2017

They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.

SpiceJet discount offer unlikely to get ministry go-ahead

SpiceJet discount offer unlikely to get ministry go-ahead

Rediff.com28 Jul 2014

The airline has launched a series of discount offers since January this year.

Why Jaitley is under no pressure to present a populist Budget

Why Jaitley is under no pressure to present a populist Budget

Rediff.com15 Jan 2018

The dates of general elections in 2019 and the presentation of the final Budget of the Modi government are so far removed from each other that Jaitley is not under any pressure to present a populist Budget. Instead, he could well unveil an array of schemes and proposals that he believes are necessary for the economy, even if a few of them could be unpopular, says A K Bhattacharya.

Cauvery water row: SC upholds appeals against 2007 tribunal award

Cauvery water row: SC upholds appeals against 2007 tribunal award

Rediff.com9 Dec 2016

On October 18, the apex court had directed Karnataka to keep supplying Tamil Nadu with 2,000 cusecs of water till further orders.

Why FY19 is likely to be a volatile year for Indian equities

Why FY19 is likely to be a volatile year for Indian equities

Rediff.com1 Apr 2018

It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.

2 key reasons why India's banking system is in a mess

2 key reasons why India's banking system is in a mess

Rediff.com30 Mar 2018

In the atmosphere created by the reaction to the PNB fraud and RBI's resolution framework, "don't lend, don't resolve" is bound to become the bankers' new mantra, says T T Ram Mohan.

Young India can make us a $4 trillion economy

Young India can make us a $4 trillion economy

Rediff.com27 Mar 2018

India on track to be third largest consumer economy by 2025.

Will the new Real Estate Act be a game changer?

Will the new Real Estate Act be a game changer?

Rediff.com11 May 2016

The Act envisages that the states and Centre will formulate specific rules for real estate regulation.

Mirach to file $400 million defamation suit against Sahara

Mirach to file $400 million defamation suit against Sahara

Rediff.com17 Mar 2015

Sahara had initiated legal action against the US-based firm.

Coronavirus: Are you anxious, worried? Read this!

Coronavirus: Are you anxious, worried? Read this!

Rediff.com30 Mar 2020

'Restrict the amount of time you spend on social media.' 'We have people who are glued to it from morning to night, which is certainly not what we recommend.' 'And do not take the stuff that you read on WhatsApp as sacrosanct.' 'A lot of it is absolutely nonsense.'

Universal Basic Income? Telangana has the answer

Universal Basic Income? Telangana has the answer

Rediff.com24 Jul 2018

Telangana's Rythu Bandhu policy is an embryonic UBI, or rather embryonic QUBI (a quasi-universal basic income, pronounced Kyoo-Bee). And it could potentially also be the future of agricultural policy in India, says Arvind Subramanian.