News for 'government treasuries'

Declined Trump's invite to US for Lord Jagannath: Modi in Odisha

Declined Trump's invite to US for Lord Jagannath: Modi in Odisha

Rediff.com20 Jun 2025

According to Misri's statement, Modi said he could not accept the invitation due to a pre-existing schedule, and invited Trump to visit India for the Quad Summit, likely later this year.

Pak ex-PM Imran Khan likely to be released from jail on June 11

Pak ex-PM Imran Khan likely to be released from jail on June 11

Rediff.com8 Jun 2025

The Islamabad high court is set to hear the petitions requesting the suspension of sentences to Khan and his wife Bushra Bibi in the 190 million Pound Al-Qadir Trust case on June 11.

US, Ukraine finally sign rare earth minerals deal

US, Ukraine finally sign rare earth minerals deal

Rediff.com1 May 2025

The United States and Ukraine have signed an 'economic partnership agreement,' giving Washington, DC access to Ukraine's rare earth minerals in return for creating an investment fund in the country, CNN reported.

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Rediff.com1 Feb 2025

Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.

ED conducts multi-state raids in Bihar constable recruitment 'scam'

ED conducts multi-state raids in Bihar constable recruitment 'scam'

Rediff.com19 Jun 2025

The agency seized documents like answer sheets, OMR codes, hand-written notes related to IDs and names of candidates apart from their education certificates, the sources said.

Foreign investment in Indian corporate bonds hits 10-year high in May

Foreign investment in Indian corporate bonds hits 10-year high in May

Rediff.com7 Jun 2025

Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion from Deutsche Bank, BlackRock, Morgan Stanley, Davidson Kempner, and Cerberus Capital, among others. The SP group sold three-year bonds, offering 19.75 per cent yield compounded annually and payable at maturity.

At G7 Summit, Modi urges global action against terrorism

At G7 Summit, Modi urges global action against terrorism

Rediff.com18 Jun 2025

Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Rediff.com15 Apr 2025

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.

Odisha govt no to sharing info on Puri Jagannath temple's treasury

Odisha govt no to sharing info on Puri Jagannath temple's treasury

Rediff.com29 Aug 2022

Shree Jagannath Temple Administration under the state law department, did not respond to the queries of Bolangir-based RTI activist Hemant Panda.

Well Done, Bharat Mata Defenders Group!

Well Done, Bharat Mata Defenders Group!

Rediff.com5 Jun 2025

Fifty-nine members of delegations visiting 33 world capitals, reaching millions of people, giving one message, in one language, in one voice -- is an unprecedented world movement, observes former BJP MP Tarun Vijay, former Chief Editor, Panchjanya, the RSS weekly.

Failed as CM, no 'cheap politics' on Pahalgam attack: Omar

Failed as CM, no 'cheap politics' on Pahalgam attack: Omar

Rediff.com29 Apr 2025

The Jammu and Kashmir assembly unanimously passed a resolution on Monday expressing shock and anguish over the terrorist attack in Pahalgam and resolved to fight resolutely to defeat the nefarious designs to disturb communal harmony and hinder progress.

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Rediff.com3 Apr 2025

Congress Parliamentary Party chairperson Sonia Gandhi has criticized the Waqf (Amendment) Bill, calling it a 'brazen assault' on the Constitution and part of the BJP's strategy to keep society in a 'permanent state of polarization.' She also spoke out against the One Nation, One Election Bill, calling it a 'subversion of the Constitution.' Gandhi further accused the Modi government of ignoring the women's reservation bill and other demands for reservation, and of 'dragging the country into an abyss' where the Constitution will only exist on paper. She also criticized the government for limiting the speaking time of the Leader of the Opposition in Parliament and for not allowing discussions on important issues like the working of the defense and external affairs ministries and the challenges posed by China on the border.

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Rediff.com28 May 2025

Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.

Won't give single drop of water to Haryana: Punjab passes resolution

Won't give single drop of water to Haryana: Punjab passes resolution

Rediff.com6 May 2025

The Punjab Assembly on Monday unanimously passed a resolution to not release any water from its share to Haryana, citing the state's water scarcity. The resolution also demanded the reorganization of the Bhakra Beas Management Board (BBMB) and the repeal of the Dam Safety Act of 2021. The decision comes amid a stand-off between the two states over the distribution of water from the Bhakra dam. The resolution was moved by Punjab's Water Resources Minister Barinder Kumar Goyal, who accused the BJP of trying to take away Punjab's water rights. The resolution was supported by all parties, including the opposition, which termed the Dam Safety Act of 2021 as an "attack" on the rights of Punjab. The resolution also criticized the BBMB, calling it a "puppet" of the BJP-led central government. The Punjab government maintains that the state does not have surplus water to spare and needs it for the upcoming paddy sowing season. The resolution has triggered strong reactions from the BJP, which has accused the Punjab government of politicising the issue.

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

Lok Sabha passes Finance Bill 2025 with 35 amendments

Lok Sabha passes Finance Bill 2025 with 35 amendments

Rediff.com25 Mar 2025

The Lok Sabha on Tuesday passed the Finance Bill 2025, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements.

Uproar in Rajya Sabha over Kharge's 'unparliamentary' remark

Uproar in Rajya Sabha over Kharge's 'unparliamentary' remark

Rediff.com11 Mar 2025

The Rajya Sabha witnessed an uproar on Tuesday over an unparliamentary remark by Leader of Opposition Mallikarjun Kharge, who apologized to the Chair while clarifying that it was meant for the government that was "trying to create a regional divide" in the country. The controversy stemmed from a statement by Education Minister Dharmendra Pradhan, who slammed the Tamil Nadu government for its stand on the three-language policy under the National Education Policy (NEP). Kharge's use of a Hindi expression, deemed unparliamentary, sparked outrage from the treasury benches. He subsequently apologized for the remark, stating it was directed at the government's policies and not the Chair.

Gold ETFs Grow Popular in India

Gold ETFs Grow Popular in India

Rediff.com16 May 2025

'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'

Uproar in LS over TMC MP's remarks against Scindia

Uproar in LS over TMC MP's remarks against Scindia

Rediff.com11 Dec 2024

"Mr Kalyan Banerjee rose in this House and said sorry. But I will say that we all come to this House with the spirit of contribution to the nation's development...but we also come with a sense of self respect.

Elon Musk-led DOGE cancels aid for 'voter turnout in India'

Elon Musk-led DOGE cancels aid for 'voter turnout in India'

Rediff.com16 Feb 2025

The United States Department of Government Efficiency (DOGE), led by Elon Musk has announced cancelling a $22 million funding intended for 'voter turnout in India' on Saturday (Local Time).

Stalin to challenge Waqf Bill in SC, gets AIADMK support

Stalin to challenge Waqf Bill in SC, gets AIADMK support

Rediff.com3 Apr 2025

Tamil Nadu Chief Minister and DMK president M K Stalin announced that his party will file a case in the Supreme Court against the Waqf Bill passed in the Lok Sabha. The opposition AIADMK expressed solidarity with the DMK's stance, while the BJP members staged a walkout from the Assembly in protest. The CM argued that the amendment was passed at the behest of a few allies despite opposition from majority parties and that it is an attack on the Constitution and religious harmony. The DMK claims the bill threatens the autonomy of the Waqf Board and the Muslim minority population.

Imran Khan arrested for corruption, causing loss to treasury: Pak minister

Imran Khan arrested for corruption, causing loss to treasury: Pak minister

Rediff.com9 May 2023

Pakistan's Interior Minister Rana Sanaullah on Tuesday said that former prime minister Imran Khan was arrested for causing loss to the national treasury in a corruption case.

Kharge's 'thousands' killed in Kumbh stampede remark sparks row in Parl

Kharge's 'thousands' killed in Kumbh stampede remark sparks row in Parl

Rediff.com3 Feb 2025

RS Chairman Dhankhar called Kharge making the claim a "very sad moment" and asked him to withdraw his statement, the Leader of Opposition insisted the government give the correct figures and continued with his speech.

Waqf bill debate finale to Budget session ending with over 100% productivity

Waqf bill debate finale to Budget session ending with over 100% productivity

Rediff.com4 Apr 2025

Parliament's approval of the Waqf (Amendment) Bill, a contentious piece of legislation aimed at reforming Waqf bodies, has sparked strong reactions from the opposition, who allege that the bill was "bulldozed" through Parliament. The bill, considered the government's most consequential legislation in its third term, was passed with comfortable majorities in both the Lok Sabha and Rajya Sabha despite opposition claims of a lack of consultation and an intrusion into religious affairs. Other notable bills approved during the session included the Finance Bill, Appropriation Bill, Immigration and Foreigners Bill, and Tribhuvan Sahkari University Bill. The session, which saw high productivity, also witnessed debates on issues such as economic distress, delimitation, and the three-language policy. While the government touted its achievements, the opposition criticized the government's approach and vowed to challenge the Waqf bill in court.

RBI Guv hints at more rate cuts in coming months

RBI Guv hints at more rate cuts in coming months

Rediff.com9 Apr 2025

After effecting two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra on Wednesday hinted at another reduction in key policy rate by changing the central bank's monetary stance to 'accomodative' from 'neutral', which may further lower EMIs for consumers.

Disha Salian death: MLAs seek Aaditya Thackeray's resignation

Disha Salian death: MLAs seek Aaditya Thackeray's resignation

Rediff.com26 Mar 2025

Disha Salian, former manager of Bollywood actor Sushant Singh Rajput, died on June 8, 2020, after falling off the 14th floor of a residential building in Mumbai's Malad area, six days before Rajput allegedly committed suicide in his apartment in Bandra.

Inconsequential without Lalu Prasad: Nitish snubs Rabri Devi

Inconsequential without Lalu Prasad: Nitish snubs Rabri Devi

Rediff.com25 Mar 2025

Bihar Chief Minister Nitish Kumar engaged in a heated exchange with Leader of the Opposition Rabri Devi in the Legislative Council, dismissing her as "inconsequential" without her husband, RJD president Lalu Prasad. The spat stemmed from RJD MLCs wearing badges promoting quota hikes passed during Tejashwi Yadav's tenure as Deputy CM, which Nitish Kumar perceived as an attempt to claim credit for the populist move. Kumar also remarked that Rabri Devi was only propped up by her husband when he was in trouble, referring to her becoming Chief Minister in 1997 while Lalu Prasad faced corruption charges. The war of words between the two rivals has intensified, with the RJD accusing Kumar of losing his mental balance and being unfit to rule.

'Bull Market Has Ended'

'Bull Market Has Ended'

Rediff.com6 Mar 2025

'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'

BJP vs Cong in Parl over DK Shivakumar's 'changing Constitution' remark

BJP vs Cong in Parl over DK Shivakumar's 'changing Constitution' remark

Rediff.com24 Mar 2025

The Rajya Sabha, India's upper house of parliament, was adjourned on Monday without transacting any business due to a heated exchange between the ruling Bharatiya Janata Party (BJP) and the opposition Congress over the issue of reservations to Muslims in public contracts in Karnataka. The BJP accused Congress of seeking to amend the Constitution to provide reservations based on religion, while Congress asserted its commitment to protecting the Constitution. The debate centered around a statement by a senior Congress leader, who was reportedly advocating for changing the Constitution to provide reservations for Muslims.

Lok Sabha to take up Waqf bill today; BJP, allies issue whip

Lok Sabha to take up Waqf bill today; BJP, allies issue whip

Rediff.com2 Apr 2025

The Lok Sabha, India's lower house of Parliament, will debate the contentious Waqf (Amendment) Bill on Wednesday. The bill has been met with strong opposition from several parties who claim it is unconstitutional. The government, however, insists the bill aims to improve the management of Waqf properties in India by bringing transparency and efficiency.

MP: 'Disabled' govt employee 'seen dancing', probe sought

MP: 'Disabled' govt employee 'seen dancing', probe sought

Rediff.com14 Feb 2025

A students' organization in Madhya Pradesh has demanded an inquiry after a woman, recently selected in the government service in the disabled quota, was seen dancing in a viral social media video. The woman, however, denied any irregularity in her appointment, claiming that she suffers from 45 percent disability due to bone-related problems. She stated that she is able to walk and even dance for short periods due to implants from surgery following a serious hip injury.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

Thousands Protest Against Trump In US

Thousands Protest Against Trump In US

Rediff.com6 Feb 2025

On Wednesday, protests erupted across the United States in response to President Donald Trump's recent actions.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

2 Indian-origin faces in new Canadian PM's cabinet

2 Indian-origin faces in new Canadian PM's cabinet

Rediff.com15 Mar 2025

Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

First part of Budget Session ends with heated debates

First part of Budget Session ends with heated debates

Rediff.com14 Feb 2025

The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.

Akhilesh claims 'shivling' under UP CM's house

Akhilesh claims 'shivling' under UP CM's house

Rediff.com30 Dec 2024

The former chief minister said the BJP government is getting excavation done at various places to hide its failure and to divert attention from the issues related to the public.

Trinamool MP submits written apology for remarks against Scindia

Trinamool MP submits written apology for remarks against Scindia

Rediff.com12 Dec 2024

Lok Sabha Speaker Om Birla on Thursday said that Trinamool Congress MP Kalyan Banerjee has submitted a written apology for his remarks against Union Minister Jyotiraditya Scindia besides apologising in the House.

Modi recites Neeraj's poem to counter Kharge in RS

Modi recites Neeraj's poem to counter Kharge in RS

Rediff.com6 Feb 2025

Prime Minister Narendra Modi took a jibe at Leader of Opposition Mallikarjun Kharge in Rajya Sabha on Wednesday, saying the poem that Kharge recited to criticize the BJP government was written during the reign of Congress. Modi also read out a poem written by renowned Hindi poet Gopaldas Neeraj to attack the Congress.