Search results for 'BASIS'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

Lok Sabha passes amended anti-paper leak bill, increasing jail terms and fines

Lok Sabha passes amended anti-paper leak bill, increasing jail terms and fines

Rediff.com29 Jul 2026

The Lok Sabha has approved an amendment to India's anti-paper leak law, introducing stricter punishments including jail terms of up to 10 years and fines of up to Rs 50 lakh, in response to recent large-scale student protests and the NEET paper leak case.

SIPs Keep Equity MF Inflows Above Rs 4 Trillion

SIPs Keep Equity MF Inflows Above Rs 4 Trillion

Rediff.com27 Jul 2026

At Rs 4.07 trillion, gross inflows were just shy of the record Rs 4.34 trillion mobilised in H2 of 2024, making it the second half-yearly period in which inflows crossed Rs 4 trillion.

Why Wipro's Q1 Net Profit Was Flat

Why Wipro's Q1 Net Profit Was Flat

Rediff.com18 Jul 2026

Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Strong Q1 for Eternal, market share gains likely for Blinkit

Strong Q1 for Eternal, market share gains likely for Blinkit

Rediff.com31 Jul 2026

Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.

Three more held in Kolkata NEET protest violence case; 14 arrests so far

Three more held in Kolkata NEET protest violence case; 14 arrests so far

Rediff.com26 Jul 2026

Three more persons were arrested on Sunday in connection with the violence during a protest here two days ago against the NEET paper leak, taking the total number of apprehended people to 14, the police said.

Nagaland's Sports Authority Of India Centre Set For Major Upgrade

Nagaland's Sports Authority Of India Centre Set For Major Upgrade

Rediff.com24 Jul 2026

The Sports Authority of India's Training Centre in Dimapur, Nagaland, will be upgraded to a National Centre of Excellence (NCOE) following an MoU with the state government. This multi-phase development will transform the 64-acre Multi-Disciplinary Sports Complex, providing enhanced facilities for athletes in various disciplines.

Parliament clears tougher anti-paper leak law amid Oppn walkout

Parliament clears tougher anti-paper leak law amid Oppn walkout

Rediff.com31 Jul 2026

Parliament on Thursday passed a bill to amend the anti-paper leak law to introduce stricter punishments, with the government expressing its commitment to go the extra mile to safeguard the interests of students, who are the country's future.

10 Inspiring Student Protests In Bollywood

10 Inspiring Student Protests In Bollywood

Rediff.com28 Jul 2026

Bollywood has captured the essence of India's youth activism and student protests, from fighting corruption in Yuvaa to demanding accountability in Rang De Basanti.

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

CIC raps MHA for denying RTI on FCRA renewal applications

CIC raps MHA for denying RTI on FCRA renewal applications

Rediff.com16 Jul 2026

The Central Information Commission has said the blanket denial of information sought on Foreign Contribution (Regulation) Act renewal applications by the Union ministry of home affairs "appears to be misplaced and without any basis", while observing that the CPIO prima facie "obstructed" the complainant's right to information.

Why Rs 5 Lakh Health Cover Falls Short

Why Rs 5 Lakh Health Cover Falls Short

Rediff.com28 Jul 2026

Marriage, childbirth, dependent parents and ageing increase the cover a person needs.

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Rediff.com25 Jul 2026

A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."

'Shah is scared; andhbhakts': Rahul sets off uproar in LS

'Shah is scared; andhbhakts': Rahul sets off uproar in LS

Rediff.com29 Jul 2026

Leader of Opposition Rahul Gandhi launched a scathing attack on Home Minister Amit Shah, alleging he authorised police excesses against student protesters and was 'scared' to face Parliament. Gandhi also accused the RSS of controlling India's education system and promoting 'andhbhakts'.

India's outward FDI falls sharply to $3 billion in June

India's outward FDI falls sharply to $3 billion in June

Rediff.com21 Jul 2026

India's outward foreign direct investment (FDI) plummeted by 47.9 per cent year-on-year to $3 billion in June 2026, according to the Reserve Bank of India (RBI), with declines across equity, debt, and guarantee commitments.

How Gen Z Can Build Wealth With 20% Rule

How Gen Z Can Build Wealth With 20% Rule

Rediff.com27 Jul 2026

'Users should protect their savings goals before allocating money to discretionary expenditure.'

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Rediff.com20 Jul 2026

Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.

After 16 Years, Lalit Modi Eyes India Return

After 16 Years, Lalit Modi Eyes India Return

Rediff.com22 Jul 2026

Former IPL chairman Lalit Modi has been cleared in most of the Enforcement Directorate's findings and penalties in the 2009 IPL South Africa FEMA case by an appellate tribunal. This verdict ends a 16-year legal battle, prompting Modi to announce his plans to return to India by late this year or early next year.

Bulldozer demolitions: SC asks aggrieved to approach HCs, extends protection

Bulldozer demolitions: SC asks aggrieved to approach HCs, extends protection

Rediff.com16 Jul 2026

The Supreme Court on Thursday refused to consider a batch of contempt petitions alleging that demolitions were carried out in violation of its 2024 judgment and asked aggrieved parties to approach the high courts concerned.

Ayodhya Ram Temple to train, certify priests for India, abroad

Ayodhya Ram Temple to train, certify priests for India, abroad

Rediff.com26 Jul 2026

The Ram temple trust's decision to establish a permanent institute for training and certifying Hindu priests is being seen by religious leaders and members of the Indian diaspora as a significant step towards addressing the growing demand for qualified 'archaks' (priests) not only in India but also overseas.

How Overuse Of 'Watch' Antibiotics Drives Global Resistance

How Overuse Of 'Watch' Antibiotics Drives Global Resistance

Rediff.com23 Jul 2026

A new study published in The Lancet Public Health journal reveals that almost all countries are overusing 'watch' class antibiotics, which are stronger drugs meant for specific conditions and contribute significantly to antibiotic resistance. The research developed a framework to assess appropriate antibiotic use and found that while many countries overuse antibiotics, particularly the 'watch' category, some also underuse 'reserve' antibiotics, potentially leaving patients with drug-resistant infections untreated. The study highlights a global inequality where lower-income countries need more specialised antibiotics but higher-income countries use them more.

Indian Chess Federation Unveils Landmark Stipend Programme For Young Players

Indian Chess Federation Unveils Landmark Stipend Programme For Young Players

Rediff.com20 Jul 2026

The All India Chess Federation (AICF) has disbursed Rs 42.3 lakh in quarterly stipends to 42 promising young chess players across India. This first-of-its-kind initiative aims to alleviate financial burdens, support coaching and travel, and nurture future champions, aligning with a vision to strengthen grassroots chess development.

Bhojshala row: SC to hear Muslim plea over alternate namaaz site on Friday

Bhojshala row: SC to hear Muslim plea over alternate namaaz site on Friday

Rediff.com22 Jul 2026

The Supreme Court agreed to hear on Friday a plea of the Muslim side alleging that the alternative site identified by the Madhya Pradesh government for offering namaaz was located too far from the disputed Bhojshala complex in Dhar.

Jaishankar raises market access, trade imbalance in talks with Yi

Jaishankar raises market access, trade imbalance in talks with Yi

Rediff.com22 Jul 2026

External Affairs Minister S Jaishankar met his Chinese counterpart Wang Yi in Manila, reiterating that peace and tranquillity in border areas are prerequisites for normal India-China relations. He stressed the importance of mutual respect, interest, and sensitivity, while also raising concerns about market access, trade imbalance, and supply chain uncertainties.

Relief for Abhishek Banerjee as HC halts demolition of TMC MP's office

Relief for Abhishek Banerjee as HC halts demolition of TMC MP's office

Rediff.com19 Jul 2026

The Calcutta High Court has ordered a status quo on the demolition of TMC MP Abhishek Banerjee's constituency office in South 24 Parganas. The court's directive prevents further demolition until a new hearing or the end of July, following a petition by Leaps and Bounds Private Limited, a company Banerjee is CEO of. The district administration had initiated demolition citing alleged construction without an approved plan.

Brokerages predict robust Q1 FY27 for RIL, driven by O2C, retail, and Jio

Brokerages predict robust Q1 FY27 for RIL, driven by O2C, retail, and Jio

Rediff.com17 Jul 2026

Brokerages are forecasting a strong first quarter (April-June/Q1) for Reliance Industries Ltd (RIL) in FY2026-27, with double-digit revenue growth, Ebitda increases of around 12 per cent, and net profit rising up to 10 per cent, primarily driven by its oil-to-chemicals (O2C), retail, and Jio businesses.

Himachal Pradesh on red alert as rainfall triggers landslides, schools declare holidays

Himachal Pradesh on red alert as rainfall triggers landslides, schools declare holidays

Rediff.com21 Jul 2026

Himachal Pradesh is on high alert with schools and colleges shut in several districts as heavy rainfall triggers landslides, flash floods, and road closures, prompting authorities to issue warnings and activate emergency centres.

New ITR Forms Demand More Tax Details

New ITR Forms Demand More Tax Details

Rediff.com24 Jul 2026

Taxpayers must provide more details to support deduction and exemption claims.

Investing all at once or little by little? The real answer might surprise you!

Investing all at once or little by little? The real answer might surprise you!

Rediff.com23 Jul 2026

The decision depends on factors like your capital on hand, investment timeframe, and comfort level with market fluctuations. In this blog, let us understand how both approaches work.

Inherited Gold: How Much Tax Will You Pay?

Inherited Gold: How Much Tax Will You Pay?

Rediff.com21 Jul 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Rediff.com23 Jul 2026

Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.

'I should've been India coach': Constantine blasts AIFF

'I should've been India coach': Constantine blasts AIFF

Rediff.com18 Jul 2026

Former India football coach Stephen Constantine has expressed deep disappointment over the national team's current decline, criticising the All India Football Federation for its decisions, including the appointment of Khalid Jamil as coach despite his lack of international experience. Constantine, who led India to a historic FIFA ranking of 96, believes he should still be managing the team and calls for wider structural reforms in Indian football.

SIT report on Ram Temple theft likely soon; may shape trust reforms

SIT report on Ram Temple theft likely soon; may shape trust reforms

Rediff.com16 Jul 2026

The Special Investigation Team (SIT) probing the alleged embezzlement of donations at the Ram temple in Ayodhya is expected to submit its final report to the Uttar Pradesh government shortly, sources said on Thursday.

FIDE's AICF Nomination Stirs Hornet's Nest

FIDE's AICF Nomination Stirs Hornet's Nest

Rediff.com25 Jul 2026

FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.

HC seeks fresh medical reports on Wangchuk, defers hospital shift plea

HC seeks fresh medical reports on Wangchuk, defers hospital shift plea

Rediff.com20 Jul 2026

The Delhi High Court is set to hear an appeal by Gitanjali J Angmo, wife of fasting activist Sonam Wangchuk, challenging a single judge's order that refused to interfere with his ongoing treatment at Safdarjung Hospital.

How 'Boss Scam' Cyber Fraud Targets Indian Companies

How 'Boss Scam' Cyber Fraud Targets Indian Companies

Rediff.com17 Jul 2026

India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

Rediff.com23 Jul 2026

L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.