Search results for ' Time New Bank'

Israel rescues Indian workers held hostage in West Bank

Israel rescues Indian workers held hostage in West Bank

Rediff.com1 days ago

Ten Indian construction workers were rescued from a West Bank village where they had been held for over a month after being stripped of their passports. Palestinians lured the workers to the village with the promise of work and then took their passports and tried to use them to cross into Israel. The workers were rescued in an overnight operation led by the Israeli Population and Immigration Authority, the IDF, and the Justice Ministry. They have been transferred to a safe location until their employment status is determined.

Pakistan's Saud Shakeel timed out after falling asleep!

Pakistan's Saud Shakeel timed out after falling asleep!

Rediff.com2 days ago

Saud was playing for State Bank in the final and he was waiting for his turn to bat when two wickets fell in two balls, pacer Muhammad Shahzad dismissing Umar Amin and Fawad Alam.

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com3 days ago

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Holi comes once a year, but Jumma 52 times: Sambhal cop sparks row

Holi comes once a year, but Jumma 52 times: Sambhal cop sparks row

Rediff.com2 days ago

A police officer in Sambhal, Uttar Pradesh, has sparked outrage after suggesting that those uncomfortable with Holi colors should remain indoors, drawing criticism from opposition parties who accused him of bias and demanded action. The officer's remarks came during a peace committee meeting ahead of Holi, which coincides with Friday prayers during Ramzan. Opposition leaders condemned the statements, calling them "condemnable" and accusing the officer of acting as a "BJP agent." They demanded action against him for his "political statement." The incident comes after violence erupted in Sambhal last year during protests against a court-ordered survey of a Mughal-era mosque.

'Maha Kumbh is not a hub of glamour and 5-star culture'

'Maha Kumbh is not a hub of glamour and 5-star culture'

Rediff.com9 Feb 2025

Since the beginning of the Maha Kumbh last month, many influencers, models and actors have had their brief moment in the sun of virality: model-turned-sadhvi Harsha Richaria, garland seller Mona Lisa, 'IIT baba' Abhay Singh and actor Mamata Kulkarni to name a few.

GST rates will come down further: Sitharaman

GST rates will come down further: Sitharaman

Rediff.com8 hours ago

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". She said that the revenue neutral rate (RNR) has come down from 15.8 per cent at the time of the launch of GST on July 1, 2017, to 11.4 per cent in 2023.

Forex reserves drop $1.78 bn to $638.7 bn

Forex reserves drop $1.78 bn to $638.7 bn

Rediff.com1 days ago

India's forex reserves dropped by $1.78 billion to $638.7 billion in the week ended February 28, the RBI said on Friday.

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com1 days ago

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

Coop Bank Faces RBI Curbs, Depositors Panic

Coop Bank Faces RBI Curbs, Depositors Panic

Rediff.com14 Feb 2025

'We deposited money just yesterday, but they did not say anything...'

Good times are ahead: Puri on natural gas availability

Good times are ahead: Puri on natural gas availability

Rediff.com17 Feb 2025

Ongoing strategic investment into assets abroad, alongside gas purchases being made by India, will soon allow the country to access as much gas as it needs, Petroleum and Natural Gas Minister Hardeep Singh Puri said on the sidelines of India Energy Week (IEW 2025).

'I Had To Fight Nasir Saab For...'

'I Had To Fight Nasir Saab For...'

Rediff.com1 days ago

'He had wanted to present me in the likes of the heroines of the 60s whose churidar-kurta look with winged eyeliner and bouffant had captivated fashionistas at the time.'

Don't Blame Tax Rate For Market Volatility

Don't Blame Tax Rate For Market Volatility

Rediff.com1 days ago

'Tax rate and stock markets are entirely two different things.'

Why ED slapped Rs 611-cr notice on Paytm

Why ED slapped Rs 611-cr notice on Paytm

Rediff.com5 days ago

The Enforcement Directorate on Monday said it has issued a Rs 611 crore show cause notice to Paytm's parent company and linked entities for "contravention" of the FEMA on various counts.

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com2 days ago

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.

Telangana tunnel collapse: Silt removal intensified to rescue workers

Telangana tunnel collapse: Silt removal intensified to rescue workers

Rediff.com6 days ago

Rescue efforts to reach eight people trapped inside a partially collapsed tunnel in Telangana have been intensified with an increased deployment of personnel and equipment. Scientists from the National Geophysical Research Institute (NGRI) have located four of the trapped workers using Ground Penetrating Radar (GPR). The damaged conveyor belt is expected to be repaired by Monday, allowing for easier removal of debris. The Chief Minister is scheduled to visit the site and hold a review meeting with officials. The condition of the four located workers is said to be grim.

T'gana tunnel collapse: 4 trapped workers located but....

T'gana tunnel collapse: 4 trapped workers located but....

Rediff.com7 days ago

Eight persons -- engineers and labourers have been trapped under the collapsed roof of the Srisailam Left Bank Canal (SLBC) tunnel since February 22 and the rescue operations are on in full swing to pull them out to safety .

India's forex reserve jumps by $4.76 billion to $640.48 billion

India's forex reserve jumps by $4.76 billion to $640.48 billion

Rediff.com28 Feb 2025

India's forex reserve jumped by $4.76 billion to $640.48 billion in the week ended February 21, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $2.54 billion to $635.72 billion.

2024 an inflection point in race to become unicorn

2024 an inflection point in race to become unicorn

Rediff.com28 Feb 2025

Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

After 3 years, a bureaucrat to head Sebi

After 3 years, a bureaucrat to head Sebi

Rediff.com28 Feb 2025

Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.

Telangana tunnel collapse: 72 hours on, no contact with 8 trapped workers yet

Telangana tunnel collapse: 72 hours on, no contact with 8 trapped workers yet

Rediff.com25 Feb 2025

Rescue efforts continue in Telangana for eight people trapped in a collapsed tunnel, but hopes for their survival are fading as experts from the Geological Survey of India and the National Geographical Research Institute have been brought in. The tunnel is filled with debris, making the rescue operation extremely difficult. Despite relentless efforts by the Indian Army, Navy, NDRF, and other agencies, no breakthrough has been achieved so far.

Banks post sixth year of profit growth in FY24, bad loans decline further

Banks post sixth year of profit growth in FY24, bad loans decline further

Rediff.com27 Dec 2024

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.

Rs 1 Trillion Welfare Funds Idle in States

Rs 1 Trillion Welfare Funds Idle in States

Rediff.com25 Feb 2025

The Pradhan Mantri Awas Yojana-Grameen has the highest unutilised amount (Rs 13,111 crore) compared to any other centrally sponsored scheme.

Telangana tunnel rescue ops will be complete in 2 days: Minister

Telangana tunnel rescue ops will be complete in 2 days: Minister

Rediff.com27 Feb 2025

Telangana Minister Uttam Kumar Reddy on Wednesday said the TBM that is struck inside will be cut into pieces by using gas cutters and removed. After this, the Army, Navy, Rat Miners and NDRF teams will make another serious effort to rescue the eight persons who are missing, without compromising their own safety.

Vidarbha name unchanged squad for Ranji Trophy final

Vidarbha name unchanged squad for Ranji Trophy final

Rediff.com24 Feb 2025

Vidarbha, who have remained unbeaten in the premier domestic competition this season, qualified for the summit clash after a commanding 80-run win over defending champions Mumbai.

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

Review: Naah-daniyan!

Review: Naah-daniyan!

Rediff.com1 days ago

Nadaaniyan's lack of charm, chemistry and cheek fails to create any ripples sighs Sukanya Verma.

How Modi Has Changed Babus

How Modi Has Changed Babus

Rediff.com4 days ago

At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.

Pak Fans Enjoy 1st ICC Contest In 29 Years

Pak Fans Enjoy 1st ICC Contest In 29 Years

Rediff.com20 Feb 2025

The National Bank Stadium in Karachi saw a huge number of fans cheering on and enjoying a rare time out at the cricket even as New Zealand outplayed the hosts in the opening game of the Champions Trophy on Wednesday.

Nifty May End In Red For Record 5th Month

Nifty May End In Red For Record 5th Month

Rediff.com25 Feb 2025

The last time this happened was in 1996.

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Rediff.com21 Feb 2025

Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06.

What fintechs must do to scale up presence of e

What fintechs must do to scale up presence of e

Rediff.com24 Feb 2025

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.

Fakhar Zaman ruled out of Champions Trophy

Fakhar Zaman ruled out of Champions Trophy

Rediff.com21 Feb 2025

The left-handed batter suffered a muscular strain while fielding in the opening over against New Zealand at Karachi's National Bank Stadium on February 19.

PIX: PSG thrash Lille; Atletico go top of LaLiga

PIX: PSG thrash Lille; Atletico go top of LaLiga

Rediff.com6 days ago

A summary of Saturday's action in Ligue 1, LaLiga and Bundesliga.

T'gana tunnel collapse: Govt hopes to end rescue ops in 2 days

T'gana tunnel collapse: Govt hopes to end rescue ops in 2 days

Rediff.com26 Feb 2025

A team of experts involved in rescuing eight people trapped in a partially collapsed tunnel in Telangana have reached the end of the tunnel, but debris is hindering further progress. The rescue operation, described as one of the most complex in the world, continues with experts from the Indian Army, Navy, NDRF, and GSI working tirelessly to find a breakthrough. Despite continuous efforts and oxygen pumping, there has been no contact with the trapped individuals.

'Oracle Was Little Late To Cloud Game'

'Oracle Was Little Late To Cloud Game'

Rediff.com26 Feb 2025

'We also realised that locking customers to our Cloud was not fair to them.'

Road, rail, coal may dominate National Monetisation Pipeline 2.0

Road, rail, coal may dominate National Monetisation Pipeline 2.0

Rediff.com20 Feb 2025

Roads, railways, and coal together are likely to account for 70 per cent of the government's takings from the upcoming second edition of the National Monetisation Pipeline (NMP), set to run from FY26 to FY30. In comparison, these three sectors are estimated to have contributed 66 per cent in the first edition of the NMP - FY22 to FY25.

Final snan begins as Maha Kumbh 2025 to conclude today

Final snan begins as Maha Kumbh 2025 to conclude today

Rediff.com26 Feb 2025

The 45-day Maha Kumbh in Prayagraj concluded on Mahashivratri with a record-breaking number of pilgrims taking a holy dip at the Triveni Sangam. Over 65 crore pilgrims participated in the event, which took place once every 12 years.

Shaktikanta Das appointed principal secretary to PM

Shaktikanta Das appointed principal secretary to PM

Rediff.com22 Feb 2025

P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.