News for 'financial distress'

Modi reforms flicker in rural India, other big challenges remain

Modi reforms flicker in rural India, other big challenges remain

Rediff.com13 May 2016

While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity

#MumbaiRains: 'Stay safe,' says Bollywood

#MumbaiRains: 'Stay safe,' says Bollywood

Rediff.com30 Aug 2017

'Mumbai stands tall yet again.' Bollywood raves about the city's resilience.

How liquid is your portfolio?

How liquid is your portfolio?

Rediff.com28 Apr 2016

Besides return and risk, investors also need to weigh the liquidity of the instrument they are putting money in

Parliament work washed out for 5th day over demonetisation

Parliament work washed out for 5th day over demonetisation

Rediff.com23 Nov 2016

Opposition members kept on shouting 'Pradhan Mantri sadan me aao'.

Corporate debt restructuring cases to come under scanner

Corporate debt restructuring cases to come under scanner

Rediff.com7 Sep 2013

The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).

Loan recast has gone 'out of control': RBI

Loan recast has gone 'out of control': RBI

Rediff.com17 Nov 2013

Till March 2011, things were manageable.

Now, it's advantage for home buyers

Now, it's advantage for home buyers

Rediff.com5 Sep 2013

RBI's move to link loan payment to construction progress is likely to bring down property prices.

Guard against retail asset bubble: RBI to banks

Guard against retail asset bubble: RBI to banks

Rediff.com20 Nov 2014

The central bank says that PSU banks need to generate more internal capital and that the government should cut stake.

Why resource-rich economies are in trouble

Why resource-rich economies are in trouble

Rediff.com11 Feb 2016

Countries with abundant resources are faring worse in terms of development than those with less.

IMD or Skymet: Who got monsoon forecast right?

IMD or Skymet: Who got monsoon forecast right?

Rediff.com12 Oct 2017

While the IMD had forecast a 'normal' monsoon for the entire season, Skymet stated that rain this year would be 'below normal', report Sanjeeb Mukherjee and Sahil Makkar.

As oil plummets, how much pain still looms for US energy firms?

As oil plummets, how much pain still looms for US energy firms?

Rediff.com12 Jan 2015

With nearly a quarter of U.S. energy shares' value wiped out by oil's six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this month.

Economic Survey paints a sobering picture

Economic Survey paints a sobering picture

Rediff.com1 Feb 2017

Overall, the Survey warned that unless shifts in the vision of development were articulated and embraced, the Indian economy would lose the chance to move to a high-growth trajectory.

Whatever happened to job creation?

Whatever happened to job creation?

Rediff.com9 Aug 2017

The government must realise that it has very little time to recover itself, its reputation, its legacy - and India's fortunes,says Mihir S Sharma.

6 states in 18 months: BJP vs Cong

6 states in 18 months: BJP vs Cong

Rediff.com7 Aug 2017

Elections in Gujarat, Himachal Pradesh, Karnataka, Chhattisgarh, Madhya Pradesh and Rajasthan will see the BJP and Congress in direct contest.

How Centre's WhatsApp messages crashed MGNREGA

How Centre's WhatsApp messages crashed MGNREGA

Rediff.com26 Oct 2016

Centre's off-the-record instructions through WhatsApp and a squeeze on funds brought the rural work programme to collapse after a roaring first half of the year.

RBI rate cut to drive growth, banks must follow suit: India Inc

RBI rate cut to drive growth, banks must follow suit: India Inc

Rediff.com29 Sep 2015

India Inc on Wednesday said the Reserve Bank's move to cut interest rate by 0.50 per cent is "pro-growth" and exhorted banks to transmit the lower interest rate to borrowers to revive demand and kick-start the investment cycle.

They don't know what Rs 6,000 means for farmers: PM

They don't know what Rs 6,000 means for farmers: PM

Rediff.com3 Feb 2019

Speaking at the inauguration and laying of foundation schemes of various schemes, Modi said, Leh and Ladakh will also be benefited by this.

Rising inequality can lead to conflict

Rising inequality can lead to conflict

Rediff.com15 Feb 2017

Democracies avoid serious political turbulence only so long as they ensure that the relative level of inequality between the rich and the poor does not become excessively large, says Vice President M Hamid Ansari.

'India poised for a sustained bull market'

'India poised for a sustained bull market'

Rediff.com28 May 2014

Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.

Celebrity speak: What is the best thing about Budget?

Celebrity speak: What is the best thing about Budget?

Rediff.com2 Mar 2016

Here's what celebrities had to say about Arun Jaitley's Budget.

Government faces flak over Finance Bill in Rajya Sabha

Government faces flak over Finance Bill in Rajya Sabha

Rediff.com27 Mar 2017

The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.

Why Modi has forgotten the middle class

Why Modi has forgotten the middle class

Rediff.com27 Feb 2018

'The middle class you can hurt anytime. For revenues, politics, pleasure, anything,' notes Shekhar Gupta.

Has the promise of 'sabka vikas' failed?

Has the promise of 'sabka vikas' failed?

Rediff.com3 May 2017

While the widespread feeling is that employment growth has been sluggish, some argue that, since sabka vikas slogan will most probably not deliver, Mr Modi and the BJP are going in for an unambiguous strategy of Hindu consolidation, says Subir Roy.

Bankruptcy law: State - 1; market - 0

Bankruptcy law: State - 1; market - 0

Rediff.com16 May 2016

The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision

Public sector banks: Mr Modi's nightmare?

Public sector banks: Mr Modi's nightmare?

Rediff.com15 Jun 2015

Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.

The mistakes Daiichi Sankyo made in the Ranbaxy deal

The mistakes Daiichi Sankyo made in the Ranbaxy deal

Rediff.com12 May 2016

The FDA actions eventually led to a $500-million fine for Ranbaxy as well as the effective mothballing of many of its Indian factories.

'I feel incredibly lucky to be alive after coming so close to death'

'I feel incredibly lucky to be alive after coming so close to death'

Rediff.com12 Sep 2016

Jyoti Vyas was seven months pregnant when two planes flew into the Twin Towers on September 11, 2001. She ran down 77 flights of stairs and 15 years later, she remembers how she survived the tragedy almost unscathed.

Balance of payments: Why we should not be complacent

Balance of payments: Why we should not be complacent

Rediff.com8 Oct 2015

Stability in currency markets was only restored from September.

Why our judiciary continues to ail

Why our judiciary continues to ail

Rediff.com22 Apr 2015

The recent meeting of chief justices and chief ministers skirted vital issues, which could have helped in improving the efficiency in the functioning of courts

Mr Jaitley, why is the income tax department hiding data?

Mr Jaitley, why is the income tax department hiding data?

Rediff.com13 Nov 2014

Our income tax department should bring out monthly bulletin as well as annual reports providing insights into the nature of our direct tax segments, points out R Vaidyanathan.

The doctor who brings hope to the seriously ill

The doctor who brings hope to the seriously ill

Rediff.com12 Jun 2018

'Healthcare is so expensive that while it saves lives, it destroys more lives socially and financially.' 'While the poor gets wiped out, a middle-class man goes to a corporate hospital and after the treatment, he ends up below the poverty line.' 'Generally, hospitals would like to have patients who need procedures and operations.' 'They are not so fond of palliative care.' 'How much can be made from one hour of counselling? And how much can be made from one hour of an operation?'

Explained: The meaning of Sushma's Vietnam visit

Explained: The meaning of Sushma's Vietnam visit

Rediff.com31 Aug 2018

'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.

'Budget presents Jaitley with 3 rare opportunities'

'Budget presents Jaitley with 3 rare opportunities'

Rediff.com23 Feb 2016

'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'

Jaitley unveils fire-fighting Budget to placate voters, sustain growth

Jaitley unveils fire-fighting Budget to placate voters, sustain growth

Rediff.com29 Feb 2016

A strong showing will be vital to Narendra Modi's chances of a second term.

Budget a 'big jumla' of Modi govt: Oppn

Budget a 'big jumla' of Modi govt: Oppn

Rediff.com1 Feb 2018

The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.

What Nandan plans to do at Infosys

What Nandan plans to do at Infosys

Rediff.com26 Aug 2017

New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.

India Inc staring at huge losses from overseas arms

India Inc staring at huge losses from overseas arms

Rediff.com8 Jun 2015

Companies write off investments, shed assets as initial projections go haywire

RBI dashes hopes of a rate cut for now

RBI dashes hopes of a rate cut for now

Rediff.com8 Nov 2014

Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.

RBI is likely to cut rates on April 5

RBI is likely to cut rates on April 5

Rediff.com4 Apr 2016

The policy statement by the RBI governor is also expected to be upbeat.

Nepal quake: Don't rush to Everest just yet, warn experts

Nepal quake: Don't rush to Everest just yet, warn experts

Rediff.com4 May 2015

Perhaps it's these "fatal attractions" that have failed to deter mountaineers -- even for the time being, from continuing to dream of making it to Everest top, despite a slew of avalanches, triggered by the deadly April 25 Nepal temblor, which left 19 climbers, including sherpa mountain guides, dead and several more injured.