News for 'financial distress'

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.

7 big steps for Modi 2

7 big steps for Modi 2

Rediff.com30 May 2019

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.

Homebuyers turn to God for help in getting flats

Homebuyers turn to God for help in getting flats

Rediff.com31 Aug 2017

Thousands of homeowners across housing projects owned by Jaypee Infratech and the Amrapali Group are running out of options. Jaypee Infratech and Amrapali are among the 12 big corporate loan defaulters against which the RBI has ordered initiation of insolvency proceedings.

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.

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.

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.

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.

'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.

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.

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.

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.

Jobs, cash and other Indian headaches

Jobs, cash and other Indian headaches

Rediff.com8 Jan 2019

Is it time to take a relook at our economic theories? asks Ajit Balakrishnan.

Cloud kitchens: The future of India's food biz

Cloud kitchens: The future of India's food biz

Rediff.com27 Jul 2020

The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.

'$1.37bn pumped into real estate in smaller cities in 2015-18'

'$1.37bn pumped into real estate in smaller cities in 2015-18'

Rediff.com9 Aug 2019

'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.

'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.'

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.

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.

A year after #MeToo: What has changed?

A year after #MeToo: What has changed?

Rediff.com1 Nov 2019

A year ago, India's #MeToo movement witnessed women across India speak up against sexual harassment. Nikita Puri assesses what, if anything, has changed.

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

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.

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.

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

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.

'Recession is temporary, your capability is permanent'

'Recession is temporary, your capability is permanent'

Rediff.com27 Apr 2020

'You need to polish your skills and be prepared to be an asset in the 'new normal' work environment.' 'Access MOOCs (massive open online courses) and keep your brain razor sharp, despite not having a job offer or having your job offer rescinded.'

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.

'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.

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.

'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.'

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.

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.

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.

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.

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.

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.

AI opens doors to restaurants at its Nariman Point building

AI opens doors to restaurants at its Nariman Point building

Rediff.com18 Jun 2014

The loss-making and debt-laden government carrier has earlier leased space in the 22-storey building to banks and offices but this will be first time that commercial eateries will be allowed in the premises.

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.

Few lessons economies must learn from global crisis

Few lessons economies must learn from global crisis

Rediff.com1 Oct 2015

The World War I had been triggered by an assassination in then relatively unknown Serbia.

'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.'