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Bank credit growth falls below 10% after 5 years

Bank credit growth falls below 10% after 5 years

Rediff.com18 Sep 2014

For the fortnight ended September 5, annual credit growth in the banking system fell to 9.68 per cent, data released by the Reserve Bank of India showed.

India, China sign business deals worth $3.4 billion

India, China sign business deals worth $3.4 billion

Rediff.com18 Sep 2014

IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.

No free lunch: Rajan on ATM transactions

No free lunch: Rajan on ATM transactions

Rediff.com16 Sep 2014

Second authentication for small value payments through credit cards can be reduced subject to conditions.

'Make in India' gets Rs 1,000-cr boost

'Make in India' gets Rs 1,000-cr boost

Rediff.com16 Sep 2014

Aim of the project is to boost manufacturing on a sustainable basis and through it, overall economic growth.

Brand USA pitches America as tourism hub

Brand USA pitches America as tourism hub

Rediff.com14 Sep 2014

During the mission, Brand USA announced the launch of the 'USA Discovery Program' for the Indian travel trade.

StartupWave for entrepreneurs in smaller cities

StartupWave for entrepreneurs in smaller cities

Rediff.com13 Sep 2014

Virtual incubation platform StartupWave has been adopted by close to 190 entrepreneurs.

Soon, you can visit Times Square in Mumbai!

Soon, you can visit Times Square in Mumbai!

Rediff.com13 Sep 2014

The proposal is divided into multiple phases and for the first phase the Union Ministry of Tourism sanctioned Rs 5 cr.

HMT Watches: An iconic brand bids farewell

HMT Watches: An iconic brand bids farewell

Rediff.com13 Sep 2014

Manufacture will soon be stopped at Bangalore and Tumkur in Karnataka and Ranibagh in Uttarakhand.

Sun Pharma seeks shareholders' nod for Rs 12,000-crore QIP

Sun Pharma seeks shareholders' nod for Rs 12,000-crore QIP

Rediff.com12 Sep 2014

Sun Pharma stated the company wanted shareholders' approval to "issue, offer and allot equity shares or non-convertible securities, other than warrants, up to an amount of Rs 12,000 crore ($2 billion), to qualified institutional buyers pursuant to a QIP."

Divestment gets a boost with three big PSU stake sales

Divestment gets a boost with three big PSU stake sales

Rediff.com11 Sep 2014

Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.

ICICI Bank goes for 1:5 stock split

ICICI Bank goes for 1:5 stock split

Rediff.com10 Sep 2014

This is the first time ICICI Bank has gone for a share split.

Guarantor can also be named wilful defaulter

Guarantor can also be named wilful defaulter

Rediff.com10 Sep 2014

RBI rule, applicable prospectively, also for non-group guarantors.

India's 10 highest paid CEOs

India's 10 highest paid CEOs

Rediff.com10 Sep 2014

Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.

Moody's points to fiscal, inflation worries

Moody's points to fiscal, inflation worries

Rediff.com9 Sep 2014

The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.

Centre favours cancellation of 'illegal' coal blocks

Centre favours cancellation of 'illegal' coal blocks

Rediff.com9 Sep 2014

But reiterates that licences of 46 blocks in operation should be retained.

Why dollar's rise against euro won't impact rupee much

Why dollar's rise against euro won't impact rupee much

Rediff.com9 Sep 2014

On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.

Gowda's first 100 days as rail minister fail to impress

Gowda's first 100 days as rail minister fail to impress

Rediff.com9 Sep 2014

Gowda has also failed to offer clarity on reforming the Railway Board.

CII calls for gargantuan investment push

CII calls for gargantuan investment push

Rediff.com8 Sep 2014

The Confederation of Indian Industry has pegged the requirement for investment at Rs 280 lakh crore ($4.7 trillion) for five years beginning 2014-15 to make the economy grow by seven per cent a year on an average.

Minister reiterates commitment to 24/7 power

Minister reiterates commitment to 24/7 power

Rediff.com8 Sep 2014

The Supreme Court order on what to do with the coal blocks allotted to power companies between 1993 and 2013, which it has already termed illegal, is likely on Tuesday.

Rajan reiterates hawkish view on price rise

Rajan reiterates hawkish view on price rise

Rediff.com6 Sep 2014

Also says PSU banks divestment to be considered after improvement in governance

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