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Industrial Credit And Investment Corporation

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'Modi, Shah have to start eating fish to win Bengal'

'At this moment, the Trinamool has an edge.' IMAGE: Narendra Damodardas Modi, the Bharatiya Janata Party's leading campaigner, at an election rally in West Bengal. Photograph: Ashok Bhaumik/PTI......

Rahul's 'Hum Do Hamare Do' won't hurt Modi

It's time Rahul Gandhi became attuned to the reality of the 21st century instead of recycling failed political jargon of the 20th century,' argues Virendra Kapoor. Illustration: Uttam......

Saudi-Indian bromance: What next?

'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar. IMAGE: Prime......

FULL TEXT of PM Modi's I-Day address

Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.  IMAGE: Prime Minister Narendra Modi addresses the nation......

Who will buy Citi's consumer business?

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay. Photograph: Mike......

Covid effect: Banks prefer govt bonds to giving loans

This trend has not been seen in nearly two decades, barring 2016 — the year of demonetisation. Illustration: Dominic Xavier/Rediff.com Record liquidity infusion by the central bank in the......

MSMEs need help again but not the way govt did last time

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.......

Cloud on banking stocks on NPA concerns amid second wave of pandemic

The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%. Illustration: Uttam Ghosh/Rediff.com The second wave of the Covid......

Mutual fund assets soar 41% to Rs 31.43 lakh cr in FY'21

Assets under management with the mutual fund industry jumped a whopping 41 per cent in fiscal 2021 to Rs 31.43 lakh crore, despite a minor 1 per cent decline in March, says a report. Illustration:......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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