News for 'global-financial-crisis'

Global economic outlook most favourable since 2008

Global economic outlook most favourable since 2008

Rediff.com27 Feb 2015

Outlook for external sector is the most favourable.

At $51 billion India 9th largest FDI recipient in 2019

At $51 billion India 9th largest FDI recipient in 2019

Rediff.com16 Jun 2020

The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.

Top bankers who are back in India after a successful innings abroad

Top bankers who are back in India after a successful innings abroad

Rediff.com4 Aug 2016

They are small town boys who went on to make it big in global financial powerhouses.

Monetary policy specialist Patra is new RBI dy guv

Monetary policy specialist Patra is new RBI dy guv

Rediff.com15 Jan 2020

Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.

July was particularly bad for manufacturing sector

July was particularly bad for manufacturing sector

Rediff.com1 Aug 2017

The Nikkei India Manufacturing Purchasing Managers' Index (PMI) stood at 47.9 in July, down from 50.9 in June, its lowest mark since February 2009, and highlighted the first deterioration in business conditions in 2017 so far.

A fourth of BSE 500 scrips below January 2008 levels

A fourth of BSE 500 scrips below January 2008 levels

Rediff.com16 Jan 2017

Infrastructure and real estate prominently feature as wealth destroyers.

Foreign investors sell record amount of Indian shares in August

Foreign investors sell record amount of Indian shares in August

Rediff.com1 Sep 2015

Delay in the recovery in earnings has led Macquarie, Barclays and Ambit to downgrade Indian shares over the last few days.

India's road map for a $5 trn self-reliant economy

India's road map for a $5 trn self-reliant economy

Rediff.com26 Jun 2020

'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.

Post COVID, Indians are not afraid to travel!

Post COVID, Indians are not afraid to travel!

Rediff.com10 Aug 2020

Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.

Apple, Starbucks gave good returns to shareholders: Report

Apple, Starbucks gave good returns to shareholders: Report

Rediff.com11 Aug 2014

Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.

Fiscal stimulus is not the need of the hour

Fiscal stimulus is not the need of the hour

Rediff.com27 Mar 2020

What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.

Dubai starts a swanky tram service

Dubai starts a swanky tram service

Rediff.com12 Nov 2014

Giving a fillip to Dubai's transport network, the $1.25 billion tram has started services.

How Nirmalaji compares with earlier FMs

How Nirmalaji compares with earlier FMs

Rediff.com6 Jan 2020

While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?

All's not well with the Indian economy, cautions Citigroup

All's not well with the Indian economy, cautions Citigroup

Rediff.com8 Aug 2016

A strong investment recovery is essential for India to sustain high GDP growth rates in the medium term

RBI wants to end lazy banking

RBI wants to end lazy banking

Rediff.com6 May 2020

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.

Want to buy a house? Now is the time!

Want to buy a house? Now is the time!

Rediff.com17 Jul 2020

'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.

GDP grew in double digits twice in UPA era, but slowed down too

GDP grew in double digits twice in UPA era, but slowed down too

Rediff.com20 Aug 2018

Data on the new series given by a panel on real sector statistics shows that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11. There are some years for which the new figures show a deceleration in growth as well. The new series has 2011-12 as the base year while the earlier series had 2004-05 and 1993-94.

Real reason behind the failure of govt's gold schemes

Real reason behind the failure of govt's gold schemes

Rediff.com16 May 2017

Of the 1,000 surveyed by IIM-A, only five were aware about the government-sponsored gold schemes

Global economy could shrink by almost 1% in 2020: UN

Global economy could shrink by almost 1% in 2020: UN

Rediff.com2 Apr 2020

With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt. The contraction could be even higher if governments fail to provide income support and help boost consumer spending.

Indians' average wealth soars 400% in 2005-15

Indians' average wealth soars 400% in 2005-15

Rediff.com10 May 2016

This compares poorly to other developed markets as the average wealth of a person in Australia has increased by over 100 per cent and in Canada by over 50 per cent in the same period.

Moody's downgrades subdebt ratings of 11 Indian banks

Moody's downgrades subdebt ratings of 11 Indian banks

Rediff.com5 Sep 2013

Moody's Investors Service on Thursday downgraded subordinated debt ratings of 11 Indian banks, including SBI, ICICI Bank and HDFC Bank.

Rajan reacts to FM: 2/3rds of my term was in BJP rule

Rajan reacts to FM: 2/3rds of my term was in BJP rule

Rediff.com31 Oct 2019

Former RBI governor Raghuram Rajan, who faced a stinging attack from Finance Minister Nirmala Sitharaman for presiding over the "worst phase" of the Indian banking sector, on Thursday reminded her that two-third of his tenure as the head of the central bank was under the Bharatiya Janata Party government.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

Rediff.com9 Jan 2020

At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.

How reliable is India's GDP figure?

How reliable is India's GDP figure?

Rediff.com18 Jun 2020

'Given that the economy is going through a slowdown, further downward revisions of the 2019-2020 growth estimates cannot be ruled out,' notes A K Bhattacharya.

India slips 10 spots to 68th on competitiveness index

India slips 10 spots to 68th on competitiveness index

Rediff.com9 Oct 2019

India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).

Sell or Stay Invested in soaring markets?

Sell or Stay Invested in soaring markets?

Rediff.com27 Jan 2021

'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'

Warren Buffett denies that Berkshire Hathaway 'too big to fail'

Warren Buffett denies that Berkshire Hathaway 'too big to fail'

Rediff.com3 May 2015

Focus on Berkshire's size has grown over the years as it has amassed more than 80 businesses

Will the new RBI governor look at customer issues?

Will the new RBI governor look at customer issues?

Rediff.com29 Aug 2016

The average bank customer does not know about the Customer Charter because it was designed - under Mr Rajan's regime - to be a lame duck initiative from the start: violating the charter has no consequences, points out, Debashis Basu.

Mallya loses $1.55 billion assets case in UK court

Mallya loses $1.55 billion assets case in UK court

Rediff.com8 May 2018

Judge Andrew Henshaw refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that a consortium of 13 Indian banks were entitled to recover funds amounting to nearly $1.55 billion.

Market crash: These are the biggest wealth destroyers

Market crash: These are the biggest wealth destroyers

Rediff.com8 Jan 2016

Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.

Rajan issue: Rating action depends on policies, not personalities, says Fitch

Rajan issue: Rating action depends on policies, not personalities, says Fitch

Rediff.com20 Jun 2016

For India, Fitch Ratings has 'BBB-' rating.

Post lockdown, Modi must be bold to revive economy

Post lockdown, Modi must be bold to revive economy

Rediff.com28 Apr 2020

'Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy,' advises Akash Prakash.

Worse news awaits the economy

Worse news awaits the economy

Rediff.com1 Nov 2019

'Without bold action to deal with our banking crisis, count on the economy's doldrums to continue for much longer than most of us anticipate,' says Rahul Jacob.

Internal factors pulled down India's economic growth: IMF

Internal factors pulled down India's economic growth: IMF

Rediff.com4 Apr 2014

India needs to strengthen its economic growth, says IMF.

Raghuram Rajan slams breakdown in global monetary coordination

Raghuram Rajan slams breakdown in global monetary coordination

Rediff.com31 Jan 2014

Industrial countries cannot at this point wash their hands off developing economises and say we will do what we need to, and you do the adjustment you need to, says RBI Governor.

ArcelorMittal's one big India success is in Kolkata

ArcelorMittal's one big India success is in Kolkata

Rediff.com2 Jan 2014

What started in 2009 as a five-location service has seen a steep expansion.

Sovereign external borrowing: A tightrope walk for govt

Sovereign external borrowing: A tightrope walk for govt

Rediff.com26 Jul 2019

Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.

'PM has no clear roadmap for $5 trillion economy'

'PM has no clear roadmap for $5 trillion economy'

Rediff.com11 Feb 2020

Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.

Fundamentals of India are strong: Indra Nooyi

Fundamentals of India are strong: Indra Nooyi

Rediff.com16 Nov 2013

The company, which has invested more than Rs 10,000 crore in India since the entry in 1989.