Will demonetisation lead to a rate cut, leading to higher quantum of lending?Anup Roy finds out.Illustration: Uttam Ghosh/Rediff.com The jury may be still out on the effects of demonetisation, but a consensus is developing that it will bring down the interest rate. Yields on the 10-year government bond, a benchmark of the prevalent rate in the economy, have fallen more than 25 basis points since Prime Minister Narendra Modi scrapped Rs 1,000 and Rs 500 notes on November 8. Banks opened on ... Rediff.com, 2 weeks ago
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By Anup Ghosh, Founder and CEO of Invincea 1. A series of cyberattacks will be classified as major terrorist attacks. "Cryin' won't help you, prayin' won't do you no good" from When the Levee Breaks by Led Zeppelin Terrorists want to create ...Information Security Today, 3 days ago
Jamshedpur : Tata Steel today organised the Jamshedpur Run-a-thon. More than 4,700 registered candidates across three categories, including dignitaries from Tata Steel, employees from other companies, students from various institutions and schools ...Tata Group, 6 days ago
FAIRFAX, Va.--( BUSINESS WIRE )-- Invincea ,the machine learning next-generation antivirus company with the #1 malware detection rate in the industry, today announced that the company has raised $10 million in strategic growth capital. ORIX Growth ...Citybizlist, 1 week ago ORIX : Invincea Brings Another $10M to DC Cybersecurity Funding Boom 4 Traders, 2 weeks ago Invincea Raises $10 Million in Strategic Growth Capital Digital Journal, 2 weeks ago Invincea Ranked Number 258th Fastest Growing Company in North America on Deloitte's 2016 Technology Fast 500 Enhanced Online News, 2 weeks ago
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RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.Anup Roy/Business Standard reports from Mumbai.Illustration: Uttam Ghosh/Rediff.com The rupee touched a record low on Thursday, November 24, but retreated on intervention by the Reserve Bank of India even though the central bank is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world. The rupee may touch 70 a ...Rediff.com, 1 week ago
Rithvik U. from the Stag Academy continued his fine form as he emerged victor in the finals of the Cadet boys category of the 3rd Telangana State Stag Inter District and State Ranking Table Tennis championships being conducted by the Stag Table ...Deccan Chronicle, 1 week ago
Actress Vidya Balan, who has been married to producer Siddharth Roy Kapur for almost four years, says she calls her husband Zampano, a character from the Italian film 'La Strada.' Asked how has she saved husband Siddharth's name on her phone, ...Times of India, 2 weeks ago
After 45 years of independence, a total of 108 veteran artists, dramatists, writers and media personalities, who are well known as Swadhin Bangla Betar Kendra 'Shabdo Sainik', have been recognised as freedom fighter for their important roles during ...Daily Observer, 2 weeks ago
25 years of India's liberalisation Calling business establishments like Infosys, GMR, GVK, Wipro etc. as children of 1991 reforms, former Union Minister and Congress's Member of Parliament P. Chidambaram said now the space to create efficient ...Observer Research Foundation, 2 weeks ago
'A government can't just take away public money, and the RBI can't extinguish its liability.''The RBI has to honour the value any time a person with legal and taxed money lays claim on the value,' Anup Roy points out. Many, including some in the government, are saying that the withdrawal of high value currency notes will lead to a windfall to the Centre through dividends earned from the Reserve Bank of India, but people familiar with the RBI balance sheet say that is unlikely the case. What ...Rediff.com, 2 weeks ago
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