Search results for 'BASIS'

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Rediff.com21 Jul 2026

Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.

TN to opposes Centre's delimitation plan, backs 543-seat Lok Sabha freeze

TN to opposes Centre's delimitation plan, backs 543-seat Lok Sabha freeze

Rediff.com8 Aug 2026

A meeting of Tamil Nadu MPs, led by Chief Minister C Joseph Vijay, unanimously decided to oppose the Union government's proposed delimitation exercise, demanding its complete withdrawal and an extension of the delimitation freeze for another 25 years.

6,562 EV Chargers Approved, None Installed Yet

6,562 EV Chargers Approved, None Installed Yet

Rediff.com5 Aug 2026

While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.

IPC provision on cruelty by husband extends to live-ins: SC

IPC provision on cruelty by husband extends to live-ins: SC

Rediff.com3 Aug 2026

The Supreme Court of India has expanded the scope of Section 498A of the Indian Penal Code, ruling that the provision dealing with cruelty by a husband or his relatives also applies to partners in live-in relationships. This landmark decision clarifies that a man in a live-in relationship can be prosecuted for cruelty if the relationship is "in the nature of marriage," aiming to prevent domestic violence and ensure legal protection for women in such unions.

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Rediff.com30 Jul 2026

Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.

25 US states move court against Trump's forced-labour tariffs

25 US states move court against Trump's forced-labour tariffs

Rediff.com4 Aug 2026

A coalition of 25 Democratic-ruled US states has filed a lawsuit against the Trump administration's decision to impose new tariffs on 60 economies, including India. The states contend that these tariffs, ostensibly aimed at combating forced labour, are illegal taxes that will raise costs for consumers and businesses, and were implemented without proper legal justification.

Supreme Court flags 'one-person structure' in Shiv Sena's constitution

Supreme Court flags 'one-person structure' in Shiv Sena's constitution

Rediff.com6 Aug 2026

The Supreme Court has questioned the amended constitution of the Shiv Sena, observing that it appeared to have made the party 'virtually a one-person structure' and raising concerns about democratic functioning within political parties.

Ram temple theft: Accused's wife gets fresh document deadline

Ram temple theft: Accused's wife gets fresh document deadline

Rediff.com30 Jul 2026

The Ayodhya Development Authority (ADA) has granted Supriya Mishra, wife of Luv Kush Mishra, who is accused in the Ram temple donation case, an additional week to provide documents for a house in her name that is under construction in Ayodhya's Saadatganj area, the police said.

Zuckerberg apologises for Modi post removal, Meta admits failures

Zuckerberg apologises for Modi post removal, Meta admits failures

Rediff.com5 Aug 2026

Meta Platforms CEO Mark Zuckerberg has issued an apology for the temporary removal of Prime Minister Narendra Modi's Facebook post, while company executives acknowledged significant content moderation failures, including issues with child sexual abuse material, deepfakes, and the paid boosting of certain content.

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Rediff.com21 Jul 2026

A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Rediff.com3 Aug 2026

Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.

Rajasthan HC grants 20-day parole to self-styled 'godman' Asaram

Rajasthan HC grants 20-day parole to self-styled 'godman' Asaram

Rediff.com4 Aug 2026

The Rajasthan high court has granted 20-day parole to self-styled "godman" Asaram, who is serving a life sentence in a 2013 case of sexually assaulting a minor, saying the state government failed to justify its decision to reject his parole application.

Bihar Recipe: Reenuka's Kala Chana Guguni

Bihar Recipe: Reenuka's Kala Chana Guguni

Rediff.com28 Jul 2026

Kala Chana Guguni is a Bihar staple. It surfaces at family gatherings or festive celebrations. And is usually whipped up when guests come visiting and homes are filled with laughter and stories.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Rediff.com5 Aug 2026

Bharti Airtel, India's second-largest telecom operator, reported a 37.3 per cent rise in consolidated net profit to 8,167 crore for Q1 FY27, driven by the addition of high-paying premium customers, despite missing Bloomberg consensus estimates.

Friday namaaz offered at Bhojshala after SC order

Friday namaaz offered at Bhojshala after SC order

Rediff.com31 Jul 2026

The Supreme Court has permitted Muslims to offer Friday prayers at a site adjacent to the Bhojshala-Kamal Maula complex in Dhar, Madhya Pradesh, following a High Court ruling that declared the complex a temple. This decision allowed prayers to resume after a previous ASI order was quashed.

Kuldeep Should Be Playing Regularly: Harbhajan

Kuldeep Should Be Playing Regularly: Harbhajan

Rediff.com10 Aug 2026

'If I was with the team, I would pick bowlers who I feel can pick wickets and win matches for me with the ball.'

Pellet guns cannot be banned outright, specific misuse to be examined: SC

Pellet guns cannot be banned outright, specific misuse to be examined: SC

Rediff.com30 Jul 2026

The Supreme Court has stated that a complete ban on pellet guns is not possible as long as existing advisories permit their use for crowd control in exceptional circumstances by security agencies. However, the court clarified that allegations of specific misuse can be examined on a case-by-case basis, particularly in light of recent protests against the NEET paper leak.

Root Back as England Test Captain, Fleming Appointed Head Coach

Root Back as England Test Captain, Fleming Appointed Head Coach

Rediff.com30 Jul 2026

Joe Root has been reappointed as England's Test captain, marking his return to the leadership role, while former New Zealand batter Stephen Fleming has been named the new head coach, following the departures of Ben Stokes and Brendon McCullum.

Sreeshankar, Sathyanathan secure spots in Commonwealth Games long jump final

Sreeshankar, Sathyanathan secure spots in Commonwealth Games long jump final

Rediff.com27 Jul 2026

Indian long jumpers M Sreeshankar and Lokesh Sathyanathan have successfully qualified for the men's long jump final at the Commonwealth Games. Sreeshankar achieved direct qualification by surpassing the 8m standard, while Sathyanathan advanced as one of the top-12 performers. Sreeshankar, recovering from a career-threatening injury, expressed excitement despite challenging conditions.

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

SC refuses to review hate speech ruling on Anurag Thakur, Parvesh Verma

SC refuses to review hate speech ruling on Anurag Thakur, Parvesh Verma

Rediff.com3 Aug 2026

The Supreme Court has dismissed a review petition challenging its earlier decision that no cognisable offence was made out against BJP leaders Anurag Thakur and Parvesh Verma for their alleged hate speeches during the 2020 anti-CAA protests in Delhi.

What you need to know about new Anti-Paper Leak Amendment Bill

What you need to know about new Anti-Paper Leak Amendment Bill

Rediff.com29 Jul 2026

The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.

Bengal Police bust Pakistan-linked honeytrap network targeting ministers

Bengal Police bust Pakistan-linked honeytrap network targeting ministers

Rediff.com4 Aug 2026

West Bengal police have unearthed a sophisticated Pakistan-linked honeytrap network targeting state ministers, their families, and other high-profile individuals, leading to the arrest of a third suspect, Aditya Singh, an alleged associate of Jaish-e-Mohammed operative Hamim Mondal.

Jio Platforms' IPO key driver for RIL stock

Jio Platforms' IPO key driver for RIL stock

Rediff.com27 Jul 2026

Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.

'Mid- Small-Caps May Deliver More Selective Returns'

'Mid- Small-Caps May Deliver More Selective Returns'

Rediff.com28 Jul 2026

'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'

Badrinath donation theft: Temple ex-officer arrested after 4-hr grilling

Badrinath donation theft: Temple ex-officer arrested after 4-hr grilling

Rediff.com18 Jul 2026

The probe into the alleged Badrinath Temple donation theft case is gaining pace as former temple officer of Badrinath Temple Rajendra Chauhan has been arrested by the Special Investigation Team (SIT) following four hours of questioning on Friday.

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Rediff.com1 Aug 2026

ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.

Can Auqib Nabi Continue His Wicket Ways In Tests? Here's What Pathan Said

Can Auqib Nabi Continue His Wicket Ways In Tests? Here's What Pathan Said

Rediff.com4 Aug 2026

Former India all-rounder Irfan Pathan believes Jammu and Kashmir pacer Auqib Nabi's biggest strength lies in his ability to force top batters into errors while defending, rather than relying on raw pace.

'BJP Feels They Can Get Away With Anything'

'BJP Feels They Can Get Away With Anything'

Rediff.com6 Aug 2026

'I remember that Indira Gandhi was virtually worshipped as a goddess. The kind of power wielded by Indira Gandhi in the early 1970s was much more than what Modi does today, but in just three years down the line Indira Gandhi faced defeat.' 'So you cannot take people's sentiments for granted. That is a lesson that the BJP should learn.'

Minister Jitendra Singh rebuts Rahul Gandhi's claims on Amit Shah

Minister Jitendra Singh rebuts Rahul Gandhi's claims on Amit Shah

Rediff.com29 Jul 2026

Union Minister Jitendra Singh refuted Rahul Gandhi's allegations in Lok Sabha that Home Minister Amit Shah ordered firing on students protesting the NEET fiasco. Singh clarified that no bullets were fired, only tear gas was used, and the authority to order firing rests with a magistrate, not a minister. He also dismissed Gandhi's claims about Shah's cavalcade and foreign travel, criticising the opposition leader for making unsubstantiated remarks during a heated parliamentary debate.

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

Rediff.com27 Jul 2026

Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

When Nifty Jumped 200 Points In ONE MINUTE

When Nifty Jumped 200 Points In ONE MINUTE

Rediff.com5 Aug 2026

The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.

Saffron jersey row deepens rift within Hockey India

Saffron jersey row deepens rift within Hockey India

Rediff.com31 Jul 2026

A controversy has erupted within Hockey India over the national teams' new saffron jerseys, replacing the traditional blue.

Bill to expedite paper leak trials to be tabled in Parliament

Bill to expedite paper leak trials to be tabled in Parliament

Rediff.com25 Jul 2026

India is set to introduce a new amendment to its anti-paper leak law in the Lok Sabha, aiming to establish fast-track courts across all states and union territories for swift trials and significantly harsher penalties for exam malpractices, including jail terms of 5 to 10 years and fines up to Rs 50 lakh for individuals, and up to Rs 10 crore for organised crimes.

GenZ Protests: 'First Thing Police Should Have Done Was Negotiate'

GenZ Protests: 'First Thing Police Should Have Done Was Negotiate'

Rediff.com31 Jul 2026

'But they had nothing to negotiate as the government did not negotiate. It is completely the fault of the government as they dumped it on the police.'

Rs 10, Rs 20 Polymer Notes Approved

Rs 10, Rs 20 Polymer Notes Approved

Rediff.com28 Jul 2026

RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.

Education Loans: What You Must Know

Education Loans: What You Must Know

Rediff.com31 Jul 2026

Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.

Apple achieves record June quarter revenue, but faces challenges

Apple achieves record June quarter revenue, but faces challenges

Rediff.com31 Jul 2026

Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.