'Economics Nobel' for research into prosperity of nations

The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A......

UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

Why is Wayanad Quiet About Tragedy?

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Take e-banking to rural areas: Murthy

Terming payment systems as the backbone of a nation's financial infrastructure, N R Narayana Murthy, chief mentor of Infosys, on Wednesday called for widening the reach of the electronic payment......

SBI to ink ATM deals with HDFC Bank, ICICI Bank

State Bank of India, is tying up with two private sector peers, HDFC Bank and ICICI Bank, for sharing the ATM network.The public sector giant is opening its ATM network for the first time to any......

Banking tech body plans payment solutions entity

The Institute for Development and Research in Banking Technology, a wholly owned subsidiary of the Reserve Bank of India, is planning to float a domestic payments solutions company on the lines of......

Govt May Save Over Rs 70K Cr In FY25

Illustration: Dominic Xavier/Rediff.com   The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget......