News for 'us treasury'

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."

Trust of crores of people my shield against Oppn abuse, says Modi in LS

Trust of crores of people my shield against Oppn abuse, says Modi in LS

Rediff.com8 Feb 2023

Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.

It's final: Rishi Sunak will face off with Liz Truss for British PM post

It's final: Rishi Sunak will face off with Liz Truss for British PM post

Rediff.com20 Jul 2022

Rishi Sunak on Wednesday clinched his place for the final leg of the race to succeed Boris Johnson and will go head-to-head with Foreign Secretary Liz Truss as one of two finalists to take charge as Conservative Party leader and British prime minister.

Rahul Gets Into World Cup Fever...

Rahul Gets Into World Cup Fever...

Rediff.com12 Nov 2022

What some of our leaders were up to on Friday, November 11.

Inflation driven by external factors a BIG challenge for India, US

Inflation driven by external factors a BIG challenge for India, US

Rediff.com11 Nov 2022

India and the US on Friday expressed concern over high inflation which is being driven by external factors and has become a challenge for both the nations. Speaking at the US-India Businesses and Investment Opportunities, Finance Minister Nirmala Sitharaman said in India the inflation challenges are prompted more by external factors. "So while the number today is in a manageable range, the challenges are largely due to the import of crude.

Pak SC finds Imran's arrest illegal, orders his immediate release

Pak SC finds Imran's arrest illegal, orders his immediate release

Rediff.com11 May 2023

In a major relief for Imran Khan, Pakistan's Supreme Court on Thursday declared the former prime minister's arrest "illegal" and ordered his immediate release after he was produced before a bench on its orders.

Will Dream Run For Banks Continue?

Will Dream Run For Banks Continue?

Rediff.com20 Jun 2023

It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com2 Aug 2022

The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.

Everyone Must Create An Emergency Corpus

Everyone Must Create An Emergency Corpus

Rediff.com11 Apr 2023

'Set aside around six months' monthly expenses for emergencies.' 'Keep this money in safe and liquid options, such as liquid funds and fixed deposits.'

Did Modi Ignore Sonia's Greeting?

Did Modi Ignore Sonia's Greeting?

Rediff.com8 Apr 2022

On Thursday, April 7, 2022, the Lok Sabha was adjourned sine die. MPs from the Treasury and Opposition benches met thereafter in the Speaker's chambers for an exercise in enforced bon homie.

New Interest Regime: Both Customers And Banks To Feel Pain

New Interest Regime: Both Customers And Banks To Feel Pain

Rediff.com29 Jun 2022

Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay.

Pervez Musharraf laid to rest in Karachi

Pervez Musharraf laid to rest in Karachi

Rediff.com7 Feb 2023

Several retired and serving military officers attend Pervez Musharraf's funeral prayers.

Meet Hrithik's GORGEOUS Cousin

Meet Hrithik's GORGEOUS Cousin

Rediff.com3 Jun 2022

There's a new star kid in town.

'Avoid Pausing SIPs'

'Avoid Pausing SIPs'

Rediff.com5 Apr 2023

'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Rediff.com11 May 2023

A video shared by Qureshi's Pakistan Tehreek-e-Insaf (PTI) party on Twitter shows plain-clothed men taking him away, with him waving at party workers before departing from the location where he was detained.

Will talk only after Rahul is allowed to speak: Cong on Parl logjam

Will talk only after Rahul is allowed to speak: Cong on Parl logjam

Rediff.com22 Mar 2023

Addressing a press conference, Congress general secretary Jairam Ramesh said efforts are being made since the last few days that a 'formula' or middle path is found with both the Opposition and the government relenting.

Inflation: Maintain 10-15% Investment In Gold

Inflation: Maintain 10-15% Investment In Gold

Rediff.com15 Jul 2022

Despite its recent underperformance, gold must be a part of your portfolio.

Why is Kangana Laughing Like That?

Why is Kangana Laughing Like That?

Rediff.com22 Jun 2022

Tara-Arjun promote their film... Kartik meets Ashutosh Gowariker... Hansika is on a dinner date...

Shinde lets cat out of bag, credits 'kalakar' Fadnavis for coup

Shinde lets cat out of bag, credits 'kalakar' Fadnavis for coup

Rediff.com4 Jul 2022

'Our numbers were less (than BJP's) but PM Narendra Modi blessed us. Modi Saheb told me before the swearing-in that he will extend all possible help to me. Amit Shah Saheb said he will stand behind us like a rock,' Shinde said. 'But the biggest kalakar (artist) is this one,' Shinde said, pointing to Fadnavis sitting to his right on the treasury benches.

BJP, Congress spar over Parliament logjam

BJP, Congress spar over Parliament logjam

Rediff.com21 Mar 2023

With the all-party meetings called by Rajya Sabha Chairperson Jagdeep Dhankhar and Lok Sabha Speaker Om Birla producing no breakthrough to end the deadlock in Parliament, Union ministers Piyush Goyal and Pralhad Joshi accused opposition parties of repeatedly 'insulting' Dhankhar.

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

No question of Rahul's apology, JPC demand 'non-negotiable': Jairam

Rediff.com18 Mar 2023

Senior Congress leader Jairam Ramesh on Saturday said he does not see a 'middle path' to end the logjam in Parliament as the Opposition's demand for a Joint Parliamentary Committee (JPC) probe into the Adani issue was 'non-negotiable' and the question of an apology over Rahul Gandhi's remarks in the United Kingdom does not arise.

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

Rediff.com17 Oct 2022

Assembly Speaker M Appavu said leaders of the two AIADMK factions submitted him 6 letters, including 4 from Palaniswami, asking for separate seating arrangement in the Assembly for their respective members.

'RBI should pause rate hikes'

'RBI should pause rate hikes'

Rediff.com27 Mar 2023

'It will send a very strong signal that it is now our time to grow.'

'Jai Shri Ram', 'Har Har Mahadev' heard during FM's budget speech

'Jai Shri Ram', 'Har Har Mahadev' heard during FM's budget speech

Rediff.com1 Feb 2022

Most of the members, including Prime Minister Narendra Modi, were seen wearing face masks. However, members had crowded the Lok Sabha chamber, while hardly a handful of others, including union ministers Dharmendra Pradhan and Piyush Goyal, were seen seated in the Rajya Sabha chamber.

ICICI Bank, Indian Bank hike lending rates

ICICI Bank, Indian Bank hike lending rates

Rediff.com1 Aug 2022

ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week. The rates have been increased across all tenors under the marginal cost of funds-based lending rate (MCLR) system, a move that will make EMIs expensive for those who availed loans benchmarked against the MCLR. Under the revised rates, effective August 1, ICICI Bank's one-year MCLR has increased by 15 basis points or 0.15 per cent to 7.90 per cent, while the overnight MCLR rose to 7.65 per cent, as per information posted on the bank's website.

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Rediff.com30 Sep 2022

Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. The hike has been effected in their benchmark rate linked to the repo rate, which increased by half a percentage point to 5.9 per cent. Even financial institutions like mortgage lender HDFC Ltd hiked the lending rate by 50 basis points effective Saturday.

PIX: The Cat in the Hat

PIX: The Cat in the Hat

Rediff.com22 Sep 2020

Need inspiration to wear the right hat?

Sunak allies find no space in Liz Truss cabinet

Sunak allies find no space in Liz Truss cabinet

Rediff.com7 Sep 2022

Prime Minister Liz Truss has unveiled one of the United Kingdom's most diverse cabinets, with key frontline posts going to ethnic minority members of Parliament, including Indian-origin Suella Braverman as the home secretary.

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

Rediff.com16 Apr 2023

Delhi Chief Minister Arvind Kejriwal was questioned for nearly nine hours by the Central Bureau of Investigation (CBI) on Sunday in the excise policy case, amid protests by his party as the Aam Aadmi Party chief claimed that the allegations of scam were false and the agency was acting at the Bharatiya Janata Party's behest.

BJP MLC Darekar booked in bank scam, din in Maha assembly

BJP MLC Darekar booked in bank scam, din in Maha assembly

Rediff.com15 Mar 2022

The complainant alleged that Darekar posed as a labourer, which was later found wrong.

India's forex reserves decline by $4.6 bn as RBI sells dollars

India's forex reserves decline by $4.6 bn as RBI sells dollars

Rediff.com18 Jun 2022

The fall in total reserves was mainly because of a decline in foreign currency assets worth $4.5 billion, the data showed.

Is Adani a Modi Crony?

Is Adani a Modi Crony?

Rediff.com11 Apr 2023

This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

Will RBI Rescue Banks Again?

Will RBI Rescue Banks Again?

Rediff.com20 Jul 2022

Many banks' profits will take a hit and a few of them could even end up being in the red because of treasury losses, triggered by a sudden spike in government bond yields in the rising interest rate cycle, notes Tamal Bandyopadhyay.

US Treasury offloads Citi stock for $12 billion

US Treasury offloads Citi stock for $12 billion

Rediff.com7 Dec 2010

During the financial crisis, the Treasury had invested a total of $45 billion in it and made a $5 billion commitment under the Asset Guarantee Program that was never funded.

India's deep discounts on Russian crude will stay

India's deep discounts on Russian crude will stay

Rediff.com6 Dec 2022

Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.

Biden's point person on Russian sanctions to visit India

Biden's point person on Russian sanctions to visit India

Rediff.com30 Mar 2022

In New Delhi, Singh will continue US administration's ongoing consultations with India, and advance a range of issues in the US-India economic relationship and strategic partnership.

Let Oppn have its say in Parliament: Naidu's advice to govt

Let Oppn have its say in Parliament: Naidu's advice to govt

Rediff.com8 Aug 2022

He underlined the need for patience in political life and said those seeking a change of guard should go back to the people to achieve it.

Banking Stocks: Time To Tread Cautiously

Banking Stocks: Time To Tread Cautiously

Rediff.com7 Nov 2022

The sector seems set for a rally that may be somewhat temporary.