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RBI likely to hike rates by 50 bps as inflation breaches tolerance band

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

Rediff.com4 days ago

Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.

Delhi SIR: Voter rolls fall 37.4% in affluent constituencies

Delhi SIR: Voter rolls fall 37.4% in affluent constituencies

Rediff.com1 Sep 2026

Delhi's draft electoral rolls show a significant reduction in voters, with affluent constituencies experiencing a higher percentage drop (37.4%) compared to areas with unauthorised colonies and Jhuggi-Jhopdi clusters (35.7%). Overall, 47.5 lakh voters have been excluded, with officials noting Delhi's exclusion rate is the highest among states undertaking Special Intensive Revision. Citizens have until September 30 to file claims and objections before the final roll is published on November 4.

Stock Markets Today: Sensex, Nifty Show Resilience Amid Global Caution

Stock Markets Today: Sensex, Nifty Show Resilience Amid Global Caution

Rediff.com21 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.

Sourav Ganguly breaks silence on death threats, police investigating

Sourav Ganguly breaks silence on death threats, police investigating

Rediff.com14 Aug 2026

Former India cricket captain Sourav Ganguly has publicly addressed the alleged death threats received by him and his family over the past six months, stating that the matter has been reported to the police and expressing confidence in their action.

RBI's Concessional Forex Swap Facility Mobilises $40.82 Billion

RBI's Concessional Forex Swap Facility Mobilises $40.82 Billion

Rediff.com1 Aug 2026

The Reserve Bank of India's concessional swap facility, designed to boost foreign currency inflows, has successfully attracted USD 40.82 billion by July 31, 2026, with a significant portion coming from Foreign Currency Non-Resident (Bank) deposits.

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Rediff.com7 Aug 2026

Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Rediff.com12 Aug 2026

India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.

ArcelorMittal reports 62% drop in Q2 net income to $683 million

ArcelorMittal reports 62% drop in Q2 net income to $683 million

Rediff.com31 Jul 2026

ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Rediff.com30 Jul 2026

Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.

Sensex, Nifty Flat as Geopolitical Tensions, Oil Prices Weigh

Sensex, Nifty Flat as Geopolitical Tensions, Oil Prices Weigh

Rediff.com16 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed almost unchanged due to profit-taking in blue-chip stocks, geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends, despite cooling US inflation offering some support.

Sourav Ganguly adds Hall of Fame to glorious legacy

Sourav Ganguly adds Hall of Fame to glorious legacy

Rediff.com8 Jul 2026

Former captain Sourav Ganguly received the perfect gift on his 54th birthday on Wednesday, becoming the latest Indian cricketer to be inducted into the ICC's Hall of Fame following a decision taken at the global body's annual conference in Edinburgh.

Ganguly's ICC Hall of Fame induction draws warm tributes from Sachin, Yuvraj

Ganguly's ICC Hall of Fame induction draws warm tributes from Sachin, Yuvraj

Rediff.com9 Jul 2026

Tributes continued to pour in for former India captain Sourav Ganguly a day after he was inducted into the ICC Hall of Fame, with batting great Sachin Tendulkar and former all-rounder Yuvraj Singh congratulating one of India's most successful captains.

Ganguly, Anjum Chopra, Pietersen inducted into ICC Hall of Fame

Ganguly, Anjum Chopra, Pietersen inducted into ICC Hall of Fame

Rediff.com12 Jul 2026

Former Indian captains Sourav Ganguly and Anjum Chopra, along with ex-England skipper Kevin Pietersen, have been inducted into the International Cricket Council's prestigious Hall of Fame during a ceremony in Edinburgh, recognising their significant contributions to the sport.

Andhra Covid Deaths Trigger Southern Alert

Andhra Covid Deaths Trigger Southern Alert

Rediff.com15 Jul 2026

'There is no need for panic as there is widespread protective immune memory in the population from vaccination as well as prior infections.'

Sehwag revives Lord's balcony memory as Sourav Ganguly turns 54

Sehwag revives Lord's balcony memory as Sourav Ganguly turns 54

Rediff.com8 Jul 2026

Virender Sehwag paid a heartfelt tribute to former India captain Sourav Ganguly on his 54th birthday on Wednesday, recalling the famous shirt-waving celebration at Lord's that remains one of the most memorable moments in Indian cricket.

Sensex jumps 575 points, Nifty ends above 25,300

Sensex jumps 575 points, Nifty ends above 25,300

Rediff.com15 Oct 2025

Among Sensex firms, Bajaj Finance and Bajaj Finserv were the biggest gainers. Asian Paints, Larsen & Toubro, Trent, UltraTech Cement, Eternal and Adani Ports were also among the winners. However, Tata Motors, Infosys, Tech Mahindra and Axis Bank were among the laggards.

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Rediff.com26 Jan 2026

Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record Rs 5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

Rediff.com16 May 2026

The Directorate of Revenue Intelligence (DRI) seized cocaine valued at 13.2 crore from two passengers in separate operations at the Chhatrapati Shivaji Maharaj International Airport.

India's Unemployment Rate Climbs to 11-Month High in May

India's Unemployment Rate Climbs to 11-Month High in May

Rediff.com16 Jun 2026

India's unemployment rate reached an 11-month high of 5.5 per cent in May, up from 5.2 per cent in April, according to the National Statistics Office, indicating a softening labour market as labour-force participation also eased.

Indian Shooters Secure Silver At ISSF World Cup In Munich

Indian Shooters Secure Silver At ISSF World Cup In Munich

Rediff.com30 May 2026

Indian shooters Manu Bhaker and Samrat Rana won a silver medal in the 10m air pistol mixed team event at the ISSF World Cup in Munich. The duo scored 483.6 in the final, finishing behind China's Qianxun Yao and Kai Hu.

RBI Achieves Near-Perfect Application Processing Rate

RBI Achieves Near-Perfect Application Processing Rate

Rediff.com1 Jun 2026

The Reserve Bank of India (RBI) announced that it processed 99.9 per cent of applications within the prescribed timeline under its Citizen's Charter in May 2026. The central bank handled 18,763 applications, showcasing efficient processing across various functions.

Young Shooter Parth Mane Impresses At ISSF World Cup

Young Shooter Parth Mane Impresses At ISSF World Cup

Rediff.com27 May 2026

Young Parth Rakesh Mane finished seventh in the men's 10m air rifle competition at the ISSF World Cup in Munich. The 18-year-old shooter from Maharashtra also broke the junior national record in qualification. Other Indian shooters participated in the event, with mixed results.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

Shekhawat Secures Gold At Kumar Surendra Singh Shooting Championship

Shekhawat Secures Gold At Kumar Surendra Singh Shooting Championship

Rediff.com4 May 2026

Rajasthan's Anjali Shekhawat won gold in the women's 10m air pistol event at the 24th Kumar Surendra Singh Memorial Shooting Championship. Haryana's Kanak Budhwar secured silver, and Punjab's Agam Ranjit Kaur Grewal took bronze. Haryana also dominated the team event.

Kane Williamson retires at 35, ending a legendary era

Kane Williamson retires at 35, ending a legendary era

Rediff.com12 Jun 2026

The 35-year-old finishes as New Zealand's all-time leading international run-scorer with 19,346 runs, including 48 centuries and six double-centuries. Williamson's retirement means he will play no further part in the BlackCaps current Test series in England, with a replacement player to be confirmed in due course.

Manu Bhaker And Samrat Rana Clinch Silver At ISSF World Cup

Manu Bhaker And Samrat Rana Clinch Silver At ISSF World Cup

Rediff.com30 May 2026

Indian shooters Manu Bhaker and Samrat Rana won a silver medal in the 10m air pistol mixed team event at the ISSF World Cup in Munich, narrowly missing gold to China.

Banks Make Record Profits, But Worry Because...

Banks Make Record Profits, But Worry Because...

Rediff.com16 Jun 2026

The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.

Krunal Pandya recalls Virat Kohli's emotional night in RCB glory

Krunal Pandya recalls Virat Kohli's emotional night in RCB glory

Rediff.com27 Apr 2026

Krunal Pandya calls RCB's 2025 title win deeply emotional

Sourav Ganguly Biopic 'Dada' Starts Production with Rajkummar Rao as Lead

Sourav Ganguly Biopic 'Dada' Starts Production with Rajkummar Rao as Lead

Rediff.com1 Apr 2026

Filming has commenced on 'Dada', the biographical movie about Indian cricket legend Sourav Ganguly, with Rajkummar Rao in the lead role and Vikramaditya Motwane directing.

India's unemployment rate rises to six-month high of 5.2% in April

India's unemployment rate rises to six-month high of 5.2% in April

Rediff.com15 May 2026

India's unemployment rate for individuals aged 15 years and above reached a six-month peak of 5.2 per cent in April 2026, according to the latest Periodic Labour Force Survey (PLFS) data.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Shiva Narwal Shoots Gold At ISSF Junior World Cup

Shiva Narwal Shoots Gold At ISSF Junior World Cup

Rediff.com21 Apr 2026

Shiva Narwal secured gold in the men's 10m air pistol event at the ISSF Junior World Cup, with Chirag Sharma winning bronze.

'Lights, Camera, Cricket!' - Ganguly biopic 'Dada' goes on floors

'Lights, Camera, Cricket!' - Ganguly biopic 'Dada' goes on floors

Rediff.com1 Apr 2026

Filming begins on Sourav Ganguly biopic 'Dada', with Rajkummar Rao in the lead and Vikramaditya Motwane directing the much-anticipated project.

India's Services Sector Growth Eases to 14-Month Low

India's Services Sector Growth Eases to 14-Month Low

Rediff.com6 Apr 2026

India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.

National trials: Manu Bhaker emerges victorious in 10m pistol event

National trials: Manu Bhaker emerges victorious in 10m pistol event

Rediff.com10 Mar 2026

Olympian Manu Bhaker emerged victorious in the women's 10m pistol event at the national selection trials, showcasing her shooting prowess.

Abhishek Sharma Leads IPL 2026 MVPI

Abhishek Sharma Leads IPL 2026 MVPI

Rediff.com12 May 2026

Abhishek Sharma continues to lead the IPL 2026 MVPI table, highlighting a worrying trend where batters overwhelmingly dominate the top positions and only one bowler features in the top 20. Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 54.

How Akshay Sharma Secured His First PGTI Win In Five Years

How Akshay Sharma Secured His First PGTI Win In Five Years

Rediff.com24 Apr 2026

Akshay Sharma secured his third DP World PGTI title with a stellar performance, ending a five-year title drought. His error-free round of 64 led him to a one-shot victory over Dhruv Sheoran.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.