Anjali Singh &Amp;Amp; Subrata Panda

Stories by Anjali Singh &Amp;Amp; Subrata Panda

AHPI, Star Health in spat over cashless service

AHPI, Star Health in spat over cashless service

Rediff.com   15 Sep 2025

If cashless services are suspended, AHPI said, its member hospitals will continue to treat Star Health policyholders, but patients will have to pay upfront and later seek reimbursements directly from the insurer.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com   12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

Why Hospitals Are Spending Money On IT

Why Hospitals Are Spending Money On IT

Rediff.com   11 Sep 2025

60 per cent of hospitals are directing investments towards IT capability building, 50 per cent towards business intelligence tools and data lakes, and a significant share into AI-led use cases such as clinical documentation (72 per cent), decision support systems (64 per cent) and imaging (60 per cent).

'No Indian insurer can ignore bancassurance'

'No Indian insurer can ignore bancassurance'

Rediff.com   8 Sep 2025

'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com   5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

India Inc lukewarm to bank loans

India Inc lukewarm to bank loans

Rediff.com   4 Sep 2025

Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com   2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

EV makers hope for festive spark to light up sales

EV makers hope for festive spark to light up sales

Rediff.com   27 Aug 2025

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com   26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

'Banca channel key to achieve insurance for all'

'Banca channel key to achieve insurance for all'

Rediff.com   23 Aug 2025

'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'

It's Pouring Car Discounts!

It's Pouring Car Discounts!

Rediff.com   18 Aug 2025

For hatchbacks and sedans, offers range between Rs 40,000 and Rs 80,000 while SUVs and multi-purpose vehicles carry benefits exceeding Rs 1 lakh.

ICICI revises minimum balance requirement for new savings a/cs

ICICI revises minimum balance requirement for new savings a/cs

Rediff.com   14 Aug 2025

ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1. The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.

'Yes Bank's Commercial Banking Segment Would Grow'

'Yes Bank's Commercial Banking Segment Would Grow'

Rediff.com   12 Aug 2025

'MIB which is a part of retail, will grow in the range of 20 per cent.'

Indian Pharma Majors Ready With Weight Loss Drugs

Indian Pharma Majors Ready With Weight Loss Drugs

Rediff.com   12 Aug 2025

Prices for Indian consumers are expected to come down significantly from the current Rs 17,000-Rs 26,000 monthly.

EV car sales nearly double in July; two-wheeler demand slips: FADA data

EV car sales nearly double in July; two-wheeler demand slips: FADA data

Rediff.com   10 Aug 2025

Retail sales of electric passenger vehicles (ePVs) nearly doubled in July 2025, surging 93 per cent year-on-year (Y-o-Y) to 15,528 units, even as overall passenger vehicle (PV) retail volumes declined marginally. In contrast, electric two-wheeler (e2W) sales dropped by 4.3 per cent to 102,973 units, according to the Federation of Automobile Dealers Associations (Fada) data.

Oben Electric's Rorr EZ Sigma e-bike gets an upgrade

Oben Electric's Rorr EZ Sigma e-bike gets an upgrade

Rediff.com   7 Aug 2025

The model is powered by Oben's in-house LFP (lithium iron phosphate) battery technology, which the company claims offers greater temperature tolerance and lifespan.

Auto firms align dispatches with retail demand amid stock pileup

Auto firms align dispatches with retail demand amid stock pileup

Rediff.com   4 Aug 2025

Manufacturers of passenger vehicles (PVs) in the first half of the calendar year (2025) reported a modest 0.5 per cent year-on-year increase in wholesale dispatches, while retail sales grew 2.5 per cent for the same period, reflecting a calibrated approach by automakers amid elevated dealership inventories and cautious consumer sentiment. According to the Society of Indian Automobile Manufacturers (Siam), dispatches rose marginally to 2.16 million units, up from 2.15 million units a year earlier.

No infra bond issuances in FY26

No infra bond issuances in FY26

Rediff.com   26 Jul 2025

Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.

'India is fastest growing market for SME segment'

'India is fastest growing market for SME segment'

Rediff.com   21 Jul 2025

'India is a big market for StanC, and it is also fastest growing economy in the world.'

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com   18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.