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Indian Army's shopping list worth Rs 300 billion

Indian Army's shopping list worth Rs 300 billion

Rediff.com27 Aug 2020

'The equipment that you make for us must be the best in the world so that it complements the Indian soldier who is without doubt the very best in the world.'

Wastewater containing coronavirus may be potential threat

Wastewater containing coronavirus may be potential threat

Rediff.com25 Aug 2020

According to the scientists, sewage leaking into natural watercourses might lead to infection with the novel coronavirus SARS-CoV-2 via airborne spray.

Letter lays open cracks in Congress on CWC eve

Letter lays open cracks in Congress on CWC eve

Rediff.com23 Aug 2020

As the debate over the issue of leadership raged, another group of leaders put their weight behind the Gandhi family on Sunday, calling for Sonia Gandhi to stay or Rahul Gandhi to take charge again.

Govt banks to need capital up to Rs 2.1 trn over next 2 yrs: Moody's

Govt banks to need capital up to Rs 2.1 trn over next 2 yrs: Moody's

Rediff.com21 Aug 2020

PSBs dominate India's banking system, meaning any failure could jeopardise financial stability, as such, we expect government support will remain forthcoming, said Moody's.

SC gives Prashant Bhushan 2 days to reconsider statement

SC gives Prashant Bhushan 2 days to reconsider statement

Rediff.com20 Aug 2020

The top court on August 14 held Bhushan guilty of criminal contempt for his derogatory tweets against the judiciary saying they cannot be said to be a fair criticism of the functioning of the judiciary made in the public interest.

Banks set to restructure loans up to Rs 8.4 lakh cr

Banks set to restructure loans up to Rs 8.4 lakh cr

Rediff.com19 Aug 2020

Unlike the earlier experience post the global financial crisis, where nearly 90 per cent of the restructuring happened in the corporate loans, the non-corporate segment, which includes small businesses, agricultural loans and retail lending, will account for a higher share this time.

'It is not easy to be a gatekeeper of financial stability'

'It is not easy to be a gatekeeper of financial stability'

Rediff.com19 Aug 2020

'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'

Job creation will be a big challenge in urban India

Job creation will be a big challenge in urban India

Rediff.com17 Aug 2020

The situation could become more acute as millions of migrants who had returned to their villages during the lockdown come back to the towns for higher wages and better livelihoods.

This weapon scanned the sky for drones during PM's speech

This weapon scanned the sky for drones during PM's speech

Rediff.com15 Aug 2020

Prime Minister Narendra Modi had hoisted the national flag and addressed the nation from the ramparts of the Red Fort. He said that it was an occasion to remember freedom fighters who laid down their lives for the freedom of the country.

SC finds Bhushan guilty of contempt, sentencing on Aug 20

SC finds Bhushan guilty of contempt, sentencing on Aug 20

Rediff.com14 Aug 2020

A contemnor can be punished with simple imprisonment for a term which may extend up to six months or with a fine of up to Rs 2,000 or with both.

Tight security, COVID-19 norms in place for I-Day

Tight security, COVID-19 norms in place for I-Day

Rediff.com13 Aug 2020

There will be around 4,000 security personnel at the Red Fort and they will stand in adherence with social distancing norms.

If not for loan recast, banks' NPAs would have touched 20-year high

If not for loan recast, banks' NPAs would have touched 20-year high

Rediff.com10 Aug 2020

The major beneficiaries of loan recasting will be sub-Rs 500 crore corporate exposures and retail exposures, which were earlier expected to see the highest increase in NPAs in percentage terms.

When an American professor worked at the RBI...

When an American professor worked at the RBI...

Rediff.com10 Aug 2020

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.

With OCEN, small businesses have access to instant loans

With OCEN, small businesses have access to instant loans

Rediff.com6 Aug 2020

The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.

Why reduce the bank CEO to a titular head!

Why reduce the bank CEO to a titular head!

Rediff.com4 Aug 2020

'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.

Why 'country of origin' clause may turn out to be a big farce

Why 'country of origin' clause may turn out to be a big farce

Rediff.com3 Aug 2020

A hot sale of a Chinese product, whether assembled in India or anywhere else in the world, may make the country of origin rule fall by the wayside. Moreover, its execution is challenging for businesses as there are no clear guidelines or definitions from the authorities on what constitutes 'country of origin'.

What I learnt from fighting COVID-19

What I learnt from fighting COVID-19

Rediff.com3 Aug 2020

'Social distancing, wearing masks and hygiene should be practised more strictly.'' 'People should not assemble in close spaces as the micro droplets may hang in the air and can last for a longer time.'

How did the Twitter hack happen?

How did the Twitter hack happen?

Rediff.com31 Jul 2020

The hack may have been done by a rogue Twitter employee, or it may have been a smart hack into the Twitter system, or a social hack where someone conned Twitter's employees into giving them access,' suspects Devangshu Datta.

Modiji, this is your last chance

Modiji, this is your last chance

Rediff.com31 Jul 2020

'The most important thing to do is to stop taxing citizens so brutally,' recommends T C A Srinivasa-Raghavan.

When will Modi shuffle his ministers?

When will Modi shuffle his ministers?

Rediff.com30 Jul 2020

Far more important than governance is to ensure how different states get necessary representation a'The pressure to expand the council of ministers will come from states where the BJP has formed a government after ousting the Congress,' predicts A K Bhattacharya.

PM asks bankers to ensure stable credit growth

PM asks bankers to ensure stable credit growth

Rediff.com30 Jul 2020

During a three-hour long virtual meeting with CEOs of large public and private sector banks along with heads of NBFCs, the prime minister assured them that the government is ready to take all steps to support the financial sector.

Govt to go ahead with divestment of 23 PSUs: Sitharaman

Govt to go ahead with divestment of 23 PSUs: Sitharaman

Rediff.com27 Jul 2020

Sitharaman said the government wants to sell stake in public sector companies at a time when it fetches the right price.

Vikas Dubey encounter breathes new life into Opposition in UP

Vikas Dubey encounter breathes new life into Opposition in UP

Rediff.com27 Jul 2020

cution' of the Brahmins in the regime of Adityanath, a Rajput, accused of pandering to his caste's interests. Radhika Ramaseshan reports.

Tacos! The perfect monsoon recipe

Tacos! The perfect monsoon recipe

Rediff.com25 Jul 2020

Enjoy the rains with this mouthwatering recipe!

Modi needs to listen to good advice

Modi needs to listen to good advice

Rediff.com21 Jul 2020

Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.

'Ban on Chinese imports will cripple economy'

'Ban on Chinese imports will cripple economy'

Rediff.com21 Jul 2020

'The ban on Chinese imports is a suicidal step.' 'This will result not only in economic depression, but in a chaotic situation.'

Robots to the rescue in times of coronavirus

Robots to the rescue in times of coronavirus

Rediff.com19 Jul 2020

From scanning hospital entrants to disinfecting hospital areas and floors, robots are being roped in for tasks considered high-risk, says Peerzada Abrar.

Govt issues notice to Twitter after recent hacking scandal

Govt issues notice to Twitter after recent hacking scandal

Rediff.com18 Jul 2020

The government has also demanded information on vulnerability exploited by attackers and modus operandi of the attack, and sought details of remedial measures taken by Twitter to mitigate the impact of the hacking incident.

How Spencer's plans to turn around Natures Basket

How Spencer's plans to turn around Natures Basket

Rediff.com16 Jul 2020

The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.

Maharashtra, TN account for 50% of active COVID-19 cases: Govt

Maharashtra, TN account for 50% of active COVID-19 cases: Govt

Rediff.com15 Jul 2020

The health ministry said that 86 per cent of the total active cases were recorded in 10 states of the country.

How SBI plans to save Rs 1,000 crore

How SBI plans to save Rs 1,000 crore

Rediff.com14 Jul 2020

SBI chief Rajnish Kumar said the focus going forward will be on cost reduction, rationalisation and reskilling of workforce, improving staff productivity and redeployment of workforce from admin offices to sales roles.

'For every gang, the financier is the kingpin'

'For every gang, the financier is the kingpin'

Rediff.com14 Jul 2020

'In a gang, the person who controls the finances is the most important key person.' 'Cut the finances of a gang and it will vanish.'

Why advertisers are boycotting Facebook

Why advertisers are boycotting Facebook

Rediff.com14 Jul 2020

'This is the first time there has been an attempt to use market forces to counter disinformation on social media,' notes Devangshu Datta.

A well-planned surrender: Kin of slain cop on Dubey's arrest

A well-planned surrender: Kin of slain cop on Dubey's arrest

Rediff.com9 Jul 2020

The arrest happened in a very well-planned way as first Dubey was in Faridabad and in just 12 hours he reached the door of Mahakal (in Ujjain), Kamalkant Mishra said.

Tinder, PUBG among 89 apps army asks troops to delete

Tinder, PUBG among 89 apps army asks troops to delete

Rediff.com9 Jul 2020

Some of the 89 apps are among those which the Centre has already banned stating "they are engaged in activities which are prejudicial to sovereignty and integrity of India, defence of India, the security of the state and public order".

Cabinet nod for Rs 1 lakh crore agri-infra fund

Cabinet nod for Rs 1 lakh crore agri-infra fund

Rediff.com8 Jul 2020

The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.

PNB ready to disburse Rs 16,000 crore in loans

PNB ready to disburse Rs 16,000 crore in loans

Rediff.com6 Jul 2020

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'

India needs Rs 50-60 lakh cr FDI to boost economy: Gadkari

India needs Rs 50-60 lakh cr FDI to boost economy: Gadkari

Rediff.com2 Jul 2020

Gadkari said, infrastructure sector including highways, airports, inland waterways, railways, logistic parks, broad gauge and metro, apart from MSMEs can attract large scale foreign investment.

The Best Indian Wines

The Best Indian Wines

Rediff.com2 Jul 2020

Indian wines are getting better all the time, says Alok Chandra.

Ban 2: No more Chinese firms in highway projects

Ban 2: No more Chinese firms in highway projects

Rediff.com1 Jul 2020

India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).

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