While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
Digipin promises to revolutionise location-based services in India with safeguards.
There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
Traders in Karnataka are raising concerns over GST demand notices based on UPI transaction data. A tax official defends the action, stating it's within the law and recipients can respond with documentation.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
Irrespective of how busy your schedule is, we should always take out some time for the family, away from the gadgets that distance us, says Dr Upneet Kaur.
The killings of Gopal Khemka and his son Gunjan, seven years apart, bear a striking resemblance, reports M I Khan.
'I wouldn't change a single shot even if I could, the film is just perfect even with a supposedly flawed script!' Celebrating Sholay's 50th anniversary on August 15 with a special series, where contemporary film folk analyse the cult classic.
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
'$125 million for the hull and the remaining of over $350 million for liability.'
Ashok Mehlan's daughter Sheetal is among the first batch of girls to graduate from NDA.
JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.
'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'
Initially, we will look to take a small batch of a few hundred students, with a plan to increase this to 5,000 students in the next five years, and eventually 10,000 by 2036.'
'Take care Maa, flight take off karne wala hai, wapas aakar baat karti hoon.'
The delayed timing of J&K Lieutenant Governor Manoj Sinha's admission has more to do with deflecting the thrust of the Opposition attack on the prime minister and Union home minister during the monsoon session of Parliament, points out Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now individuals having long-term capital gains of up to Rs 1.25 lakh in a fiscal year can also file ITR-1.
'India's farmers will be unable to compete with the US, given the subsidies that the latter provides its farmers.'
Former separatist leader Bilal Gani Lone criticizes the Hurriyat Conference for its irrelevance and Pakistan for creating problems in Jammu and Kashmir, urging a new approach for the region's future.
Going by political tradition, another formation will likely come to power in Karnataka in the next assembly election, due 2028. And if that happens, Mr Shivakumar will have to sit it out till 2033, points out Aditi Phadnis.
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
The police claim businessman Ashok Sao paid Umesh Yadav Rs 400,000 to kill Gopal Khemka last Friday.
The Indian pharmaceutical industry is likely to benefit from a major wave of patent expiries in the US, as small-molecule drugs worth $63.7 billion are expected to go off-patent between 2025-29, a 65 per cent rise over the previous five years, according to a report by Antique stock broking limited.
Annapoorna chain of restaurants owner Srinivasan is seen purportedly highlighting concerns over varying GST rates. In the second video, Srinivasan was seen purportedly apologising in person to the Finance Minister.
'Donald Trump's ideas would result in a prolonged recession that would cost 3.4 million jobs'.
The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ITR-7, filed by trusts and charitable institutions, was notified on May 11.
The BJP had no option but to get Jagdeep Dhankhar out of its way for the sake of the Modi government's stability, reveals Sheela Bhatt, the legendary political journalist.
Skoda India sees growth in automatics and network expansion as key drivers to reach 3 per cent market share, with EV plans and a new SUV also in the works.
Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."
'The Pakistan establishment keeps him well protected.'
'Now we have one of the best asset qualities in the industry.'
The Budget 2009 has spared small businesses from a lot of administrative hassles. Finance Minister Pranab Mukherjee has submitted that small businesses below the turnover of Rs 40 lakh (Rs 4 million) have the option of declaring income at 8 per cent of their turnover and pay taxes accordingly.
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction. Projecting a stable outlook for the banking sector, Moody's said although the operating environment of Indian banks will remain favourable in the next fiscal, their asset quality will deteriorate moderately after substantial improvements in recent years, with some stress in unsecured retail loans, microfinance loans and small business loans.
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
'What is going on is the under counting of the migration population in urban areas.' 'It has been going on in the last few censuses.'
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
With more than 1.2 million Indians stuck in green card backlogs, investor-driven EB-5 programme sees rising interest as a secure route for migration to the US.
Harsh Gupta's first JEE attempt was plagued by ill-health. But he did not give up.
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
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