News for 'financial distress'

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

'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.

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

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.

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.

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.

'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.'

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.

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.

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 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.

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.

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.

'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.'

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.

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.

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.

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.

Hopes dashed, why India Inc fears Modi now

Hopes dashed, why India Inc fears Modi now

Rediff.com10 Apr 2018

'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.

Budget 2018: A tough balancing act for Jaitley

Budget 2018: A tough balancing act for Jaitley

Rediff.com31 Jan 2018

The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.

Why banks are uncomfortable with bankruptcy code

Why banks are uncomfortable with bankruptcy code

Rediff.com4 Oct 2017

Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues

'India needs businessmen in Parliament'

'India needs businessmen in Parliament'

Rediff.com14 Apr 2019

'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan

'It was a privilege to bring our country men home'

'It was a privilege to bring our country men home'

Rediff.com8 Feb 2016

'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'

Finding double-digit growth in India's GDP fog

Finding double-digit growth in India's GDP fog

Rediff.com17 Mar 2015

Investors are sceptical that the economy could have picked up so much steam.

Why India needs bankruptcy code urgently

Why India needs bankruptcy code urgently

Rediff.com19 Jun 2015

The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.

Football Extras: USA's Morgan scores 100th to down Aus

Football Extras: USA's Morgan scores 100th to down Aus

Rediff.com5 Apr 2019

News of all that's transpired on and off the football field

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.'

Andhra, Telangana farm loan wavier calls don't hold merit: Rajan

Andhra, Telangana farm loan wavier calls don't hold merit: Rajan

Rediff.com5 Aug 2014

Generally, a district collector declares crops in his area as being affected due to a catastrophe, which automatically triggers favourable treatment of bank loans, under which the affected dud loans are not treated as bad loans, Rajan said.

Tata Steel may sell stake in group cos to Tata Sons

Tata Steel may sell stake in group cos to Tata Sons

Rediff.com25 Jun 2013

Needs funds for Odisha plant expansion, to cut high debt.

Mirach hits back at Sahara; offers to buy out overseas hotels

Mirach hits back at Sahara; offers to buy out overseas hotels

Rediff.com6 Feb 2015

Mirach Capital rejected accusations of indulging in forgery.

Opposition slams govt in LS over state of the economy

Opposition slams govt in LS over state of the economy

Rediff.com27 Aug 2013

Citing rising prices, slowdown in growth and depreciation of rupee among the problems facing the economy, the opposition members said in the Lok Sabha that they feared the repeat of the 1991 crisis when the country had to mortgage gold as it failed to meet short-term debt obligations.

Budget is credible but badly packaged

Budget is credible but badly packaged

Rediff.com1 Mar 2016

As for structural reform, there are signs if one looks hard enough.

Continue releasing 2000 cusecs of Cauvery water to TN: SC tells Karnataka

Continue releasing 2000 cusecs of Cauvery water to TN: SC tells Karnataka

Rediff.com18 Oct 2016

The Supreme Court on Tuesday retained its direction to Karnataka to release 2000 cusecs of Cauvery water per day to Tamil Nadu till further orders.

Is Modi's best nowhere near good enough?

Is Modi's best nowhere near good enough?

Rediff.com6 Apr 2018

The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.

When companies override the regulators

When companies override the regulators

Rediff.com23 Mar 2016

Companies think they are too big to bow before regulators.

18 things that will shape India's economy this year

18 things that will shape India's economy this year

Rediff.com8 Jan 2018

As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.