News for 'formal credit'

Victorious BJP to stake claim in Delhi, MP, Chhattisgarh, Rajasthan

Victorious BJP to stake claim in Delhi, MP, Chhattisgarh, Rajasthan

Rediff.com9 Dec 2013

A buoyant Bharatiya Janata Party on Sunday began the groundwork for government formation, with party president Rajnath Singh appointing observers to be sent to the four states where the party has emerged victorious.

Big opportunity in opening 150 million bank accounts in a year

Big opportunity in opening 150 million bank accounts in a year

Rediff.com21 Aug 2014

The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.

Indians at Aus Open: Yuki Bhambri fails to go beyond first round

Indians at Aus Open: Yuki Bhambri fails to go beyond first round

Rediff.com15 Jan 2018

Yuki Bhambri struggled to rein in his unforced errors and played well only in patches as his third Australian Open appearance ended with a straight-set first-round defeat at the hands of a seasoned Marcos Baghdatis, in Melbourne on Monday.

'Housing for All' scheme to be launched on June 25

'Housing for All' scheme to be launched on June 25

Rediff.com17 Jun 2015

The housing stock demand may increase further

Points to remember before closing a loan

Points to remember before closing a loan

Rediff.com24 Mar 2015

Remember to take important documents like no dues certificate.

BJP launches drive for donations to 'Modi for PM fund'

BJP launches drive for donations to 'Modi for PM fund'

Rediff.com14 Jan 2014

With Lok Sabha elections just months away, BJP on Tuesday launched a drive to collect donations for "Modi for PM fund" from the people and also inducted several former IITians into the party to give a fillip to its campaign.

Siachen tragedy: Mortal remains of remaining 8 soldiers recovered

Siachen tragedy: Mortal remains of remaining 8 soldiers recovered

Rediff.com9 Feb 2016

The army confirmed the recovery of the mortal remains of nine soldiers buried under Siachen Glacier avalanche debris on Tuesday evening.

After 12 years, RBI set to modify fit-and-proper norms for bank directors

After 12 years, RBI set to modify fit-and-proper norms for bank directors

Rediff.com30 Jul 2019

These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.

New banks to increase inclusion, create new jobs: Survey

New banks to increase inclusion, create new jobs: Survey

Rediff.com4 Jul 2013

According to the survey which drew responses from existing banks, NBFCs, corporate and industrial houses and other stakeholders, the setting up of new banks is considered significant in view of the fact that only 35 per cent of the country's population have formal bank accounts as compared to an average of 41 per cent in other developing economies.

Meet the DID Super Moms

Meet the DID Super Moms

Rediff.com2 Apr 2015

Watch DID Super Moms every Saturday and Sunday at 9 pm on Zee TV.

NIA to take over probe in DSP Davinder Singh case

NIA to take over probe in DSP Davinder Singh case

Rediff.com15 Jan 2020

The necessary formalities were being completed in Jammu as well as in the national capital before the probe agency, which has been credited with breaking the nexus between stone-pelters and separatists in Jammu and Kashmir, takes over the case, officials said.

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.

How Piramal Group plans to spread its wings

How Piramal Group plans to spread its wings

Rediff.com3 Nov 2017

Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.

Can Modi get Saudis to invest their promised $100 bn?

Can Modi get Saudis to invest their promised $100 bn?

Rediff.com6 Nov 2019

'The Saudis are in the driving seat in navigating the relations with India; they set its compass and calibrate its pace,' points out Ambassador M K Bhadrakumar.

Bharti Airtel to apply for payment bank

Bharti Airtel to apply for payment bank

Rediff.com29 Jan 2015

Kotak Mahindra Bank to have a 19.9% stake in the proposed banking venture.

Manufacturing may not generate jobs at the expected rate

Manufacturing may not generate jobs at the expected rate

Rediff.com24 Dec 2018

'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.

GST: These 27 items just got cheaper!

GST: These 27 items just got cheaper!

Rediff.com6 Oct 2017

Small and medium enterprises had complained of tedious compliance burden under the Goods and Services Tax

WATCH Ronit Roy make fine music

WATCH Ronit Roy make fine music

Rediff.com21 May 2020

'I hate 'fakeism'.' 'People don't love who you are, they love what you have achieved.' ' Only your success counts.'

Vishwaroop 2 Review: Slowest thriller ever made

Vishwaroop 2 Review: Slowest thriller ever made

Rediff.com12 Aug 2018

This is a film where random storylines are padded together with obscure Internet facts, observes Sreehari Nair.

GST woes: How Surat's powerloom industry is dying a slow death

GST woes: How Surat's powerloom industry is dying a slow death

Rediff.com21 Jul 2017

Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji.

'Govt banks rarely take note of RBI directives'

'Govt banks rarely take note of RBI directives'

Rediff.com20 Jun 2018

'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'

AirAsia in buyout talks as share fall put loans at risk: Sources

AirAsia in buyout talks as share fall put loans at risk: Sources

Rediff.com30 Oct 2015

AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.

Why many think RBI's surprise rate cut is not positive

Why many think RBI's surprise rate cut is not positive

Rediff.com5 Mar 2015

he reason behind the cut in policy rate seems to be a slowing economy

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

9 tips to crack a job interview

9 tips to crack a job interview

Rediff.com10 Aug 2015

Arrive early, dress formally and be confident

Why Sharif picked Gen Bajwa as Pakistan army chief

Why Sharif picked Gen Bajwa as Pakistan army chief

Rediff.com27 Nov 2016

General Qamar Bajwa, his colleagues say, is a firm opponent of extremism and terrorism. He may prove even more forceful in the fight against terrorism than his predecessor, who is credited with launching Operation Zarb-i-Azb, which helped lower the frequency of terrorist attacks.

DeMo: Jaitley's Report Card

DeMo: Jaitley's Report Card

Rediff.com7 Nov 2017

'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.

Did Modi ignore Xi's betrayal in Ladakh?

Did Modi ignore Xi's betrayal in Ladakh?

Rediff.com16 Oct 2020

Did Xi deliver a message to Modi at Mamallapuram, which though couched in a velvet glove was time-bound? What was that message? It is clear Indian/Israeli/US spy satellites would not have missed detecting Chinese troop movements towards the Ladakh-Tibet frontier. Then why did some important functionaries in the Government of India choose to only ask the Russians about this in April 2020? Was Russian reassurance of Chinese troop movements being part of a routine exercise the reason that the Leh-based XIV Corps did not mobilise itself for its annual summer exercises near the LAC? A fascinating excerpt from Iqbal Chand Malhotra's new book Red Fear: The China Threat.

Few flaws that are plaguing India's agriculture

Few flaws that are plaguing India's agriculture

Rediff.com23 Dec 2014

India must do away with policy paralysis to ensure growth in agriculture.

Sena not to ally with BJP, to go solo in 2019 polls

Sena not to ally with BJP, to go solo in 2019 polls

Rediff.com23 Jan 2018

The Shiv Sena passed a resolution not to align with the Bharatiya Janata Party.

'Money pullback good for markets in the long run'

'Money pullback good for markets in the long run'

Rediff.com17 Nov 2016

Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.

'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.'

Fitch sees moderate impact on GDP from notes ban

Fitch sees moderate impact on GDP from notes ban

Rediff.com25 Nov 2016

"A significant decline in the growth number for this quarter is highly likely, but for the fiscal year as a whole the decline may still be relatively moderate," Fitch Asia-Pacific Sovereigns Group Director Thomas Rookmaaker said.

Women's Day Special: Get your finances in good shape!

Women's Day Special: Get your finances in good shape!

Rediff.com8 Mar 2015

You are already a superwoman! Now add another feather to your cap by driving your own financial planning.

RBI may soon allow interoperability of Post payment bank ATMs

RBI may soon allow interoperability of Post payment bank ATMs

Rediff.com4 Jul 2016

The vertical will be based out of Bengaluru.

Vague repayment offers from Nirav Modi: PNB

Vague repayment offers from Nirav Modi: PNB

Rediff.com15 Feb 2018

PNB is fully committed to its clean banking policy. That is why we are the first one to detect and report this to the various law enforcement agencies," PNB's CMD Sunil Mehta said on Thursday.

State of economy: Glass half-empty or half-full?

State of economy: Glass half-empty or half-full?

Rediff.com14 Nov 2017

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.

'Twiplomacy' fast tracks Pietersen's visa clearance for India trip

'Twiplomacy' fast tracks Pietersen's visa clearance for India trip

Rediff.com10 Mar 2014

The Ministry of External Affairs (MEA) on Monday informed that the necessary clearance regarding former England batsman Kevin Pietersen's visa was received from the Union Sports Ministry paving the way for his upcoming visit to India.

Postmen to carry GPS devices from next week

Postmen to carry GPS devices from next week

Rediff.com26 Dec 2015

GPS devices will enable real-time money transactions

Bobby Jindal announces to run for US president in 2016

Bobby Jindal announces to run for US president in 2016

Rediff.com25 Jun 2015

Indian-American Bobby Jindal on Wednesday night announced his candidature for the 2016 US presidential elections, making him the 13th Republican aspirant to target the White House in this election cycle.