Search results for 'BASIS'

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com6 days ago

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

DoT directs telcos to deny new SIMs to subscribers with nine or more connections

DoT directs telcos to deny new SIMs to subscribers with nine or more connections

Rediff.com19 Aug 2026

The Department of Telecommunications (DoT) has instructed telecom operators to refuse new mobile connections to individuals who already possess nine or more SIM cards, effective from August 24, 2026.

North Zone's Duleep Trophy selection sparks controversy, raises questions

North Zone's Duleep Trophy selection sparks controversy, raises questions

Rediff.com5 days ago

North Zone coaches Ajay Sharma and Sarandeep Singh are under scrutiny for controversially dropping Sanat Sangwan, the Ranji Trophy's third-highest run-scorer, for the Duleep Trophy quarter-final against West Zone, opting instead for Yash Dhull, who had a significantly poorer Ranji season.

Asian Games Tennis: India's Top Women's Singles Players Dropped from Squad

Asian Games Tennis: India's Top Women's Singles Players Dropped from Squad

Rediff.com5 days ago

India's top women's singles players, including Sahaja Yamalapalli, Vaishnavi Adkar, and Vaidehee Chaudhari, have been excluded from the Asian Games tennis squad after the Sports Ministry pruned the list, leaving the national challenge without its leading singles contenders.

India face uphill battle for Hockey World Cup semi-finals, need big win vs Argentina

India face uphill battle for Hockey World Cup semi-finals, need big win vs Argentina

Rediff.com5 days ago

India's chances of reaching the Hockey World Cup semi-finals are slim, requiring a significant victory against Argentina and favourable results from the Netherlands-England match. The team must overcome their finishing struggles and defensive concerns to keep their hopes alive.

EC unlawfully recognised Shinde faction: Sena-UBT tells SC

EC unlawfully recognised Shinde faction: Sena-UBT tells SC

Rediff.com11 Aug 2026

The Uddhav Thackeray faction has told the Supreme Court that the Election Commission's decision to recognise the Eknath Shinde-led unit as the "real Shiv Sena" and grant it the 'bow-and-arrow' symbol was unlawful. Senior advocate Kapil Sibal argued that a split in a legislature party cannot, by itself, amount to a split in the political party, challenging the very basis of the poll panel's jurisdiction and its disregard for the party's 2018 constitution.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com7 days ago

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com7 days ago

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Rediff.com19 Aug 2026

The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.

Hope returns to Old Trafford as Carrick plots Manchester United's rise back to the top

Hope returns to Old Trafford as Carrick plots Manchester United's rise back to the top

Rediff.com20 Aug 2026

Michael Carrick aims to build on Manchester United's revival, balancing renewed confidence, squad reinforcements and Champions League demands while pushing the club toward sustained success among England's Premier League elite.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com19 Aug 2026

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Rediff.com1 Aug 2026

Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Rediff.com20 Aug 2026

The Supreme Court, in a 6:3 majority verdict, has ruled that the expansive, labour-friendly definition of 'industry' from its 1978 Bangalore Water Supply and Sewerage Board judgement will not be used for interpreting the Industrial Relations Code of 2020. However, the 'triple test' from the 1978 verdict will still apply to pending cases under the now-repealed 1947 Industrial Disputes Act.

Who is 'real' Sena? Decide rebel MLAs' fate first, Uddhav camp tells SC

Who is 'real' Sena? Decide rebel MLAs' fate first, Uddhav camp tells SC

Rediff.com18 Aug 2026

The Uddhav Thackeray-led faction of the Shiv Sena told the Supreme Court on Tuesday that the Election Commission's (EC) determination as to which group constitutes the political party should come after a decision on the disqualification proceedings against the MLAs, who have deserted their camp.

Got underworld threats over 'Kala Hiran', says filmmaker

Got underworld threats over 'Kala Hiran', says filmmaker

Rediff.com20 Aug 2026

Filmmaker Amit Jani has approached the Supreme Court challenging the Delhi High Court's order to remove the teaser and promotional material for his film 'Kala Hiran: The Battle for Legacy', following a plea by Salman Khan alleging violation of his personality rights. Jani asserts the film does not feature Salman Khan or Lawrence Bishnoi and argues against judicial censorship.

Maruti Suzuki poised for sustained sales growth in FY27 despite Q1 margin contraction

Maruti Suzuki poised for sustained sales growth in FY27 despite Q1 margin contraction

Rediff.com10 Aug 2026

Maruti Suzuki India (MSIL) reported a mixed Q1 FY27, with record quarterly sales driving strong revenue growth, but operating performance was below expectations due to higher commodity and other costs impacting margins. Brokerages anticipate sustained sales growth for the company in the current fiscal year, supported by new launches, robust demand, and significant capacity expansion.

ICE detains Indian-origin guitarist, green-card holder grandmother in US

ICE detains Indian-origin guitarist, green-card holder grandmother in US

Rediff.com18 Aug 2026

Two Indian-origin individuals, Pritesh Walia, a jazz guitarist, and Venkata Vasamsetty, a green-card holder grandmother, have been detained by US Immigration and Customs Enforcement (ICE) in separate cases, highlighting the Trump administration's intensified deportation and enforcement drive.

Planning To Invest In A House? Check Rental Yield

Planning To Invest In A House? Check Rental Yield

Rediff.com20 Aug 2026

Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.

Man assaults wife over menstruation during Andaman honeymoon; booked

Man assaults wife over menstruation during Andaman honeymoon; booked

Rediff.com16 Aug 2026

A woman in Gorakhpur has filed an FIR against her husband, mother-in-law, and sister-in-law, alleging domestic violence during their honeymoon in the Andaman and Nicobar Islands, triggered by her menstruation. She also accused her in-laws of dowry harassment, claiming they demanded branded articles and humiliated her over dowry. The woman was allegedly thrown out of her marital home 45 days after the wedding.

India Plans 300 Satellites, Space Station By 2035

India Plans 300 Satellites, Space Station By 2035

Rediff.com10 Aug 2026

'The prime minister has given us the task of taking at least 300 satellites to orbit in the next five to six years.'

SC forms panel to probe police action during student protests

SC forms panel to probe police action during student protests

Rediff.com20 Aug 2026

The Supreme Court has established a five-member high-powered committee, led by former top court judge Justice R Subhash Reddy, to investigate allegations of police excesses against student protesters and violence against police personnel during recent demonstrations in Delhi.

Jewellery worth Rs 50 lakh vanishes from Lucknow woman's SBI locker

Jewellery worth Rs 50 lakh vanishes from Lucknow woman's SBI locker

Rediff.com14 Aug 2026

A widow in Kanpur has alleged that jewellery worth approximately Rs 50 lakh vanished from her State Bank of India (SBI) locker, leading police to register an FIR against the branch manager and unidentified staff members. The complainant, Rashmi Arora, discovered the locker empty after a period of non-operation and a bank merger.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com20 Aug 2026

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com14 Aug 2026

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Rediff.com31 Jul 2026

Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Rediff.com12 Aug 2026

'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'

Vijay's 'gift' leaves MLA singing his praises in assembly

Vijay's 'gift' leaves MLA singing his praises in assembly

Rediff.com19 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

TN pleads in SC for reservation benefits for Muslim converts

TN pleads in SC for reservation benefits for Muslim converts

Rediff.com7 Aug 2026

The Supreme Court has reserved its decision on a plea by the Tamil Nadu government challenging a Madras High Court verdict. The High Court had ruled that individuals converting to Islam are not automatically entitled to reservation benefits under the Backward Class (Muslim) category solely based on their conversion.

SBI's Q1 net profit surges 14% to Rs 24,113 crore, driven by robust core income and reduced provisions

SBI's Q1 net profit surges 14% to Rs 24,113 crore, driven by robust core income and reduced provisions

Rediff.com7 Aug 2026

State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

Building Multiple Layers Health Cover Is A Must

Building Multiple Layers Health Cover Is A Must

Rediff.com17 Aug 2026

Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs.

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com7 days ago

It's not about how much you earn -- it's about how you borrow and repay.

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

Rediff.com16 Aug 2026

The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

Is UP Governor Needling Yogi?

Is UP Governor Needling Yogi?

Rediff.com17 Aug 2026

'Some people may not like what I am saying, but shortcomings have to be pointed out. These deficiencies should be rectified within the next three months.' 'This is Gorakhpur, where our CM himself resides. If such shortcomings exist here, then what will happen?'

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

Rediff.com8 Aug 2026

Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com20 Aug 2026

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

Can India Defend Chess Olympiad Double, End Winner's Curse?

Can India Defend Chess Olympiad Double, End Winner's Curse?

Rediff.com18 Aug 2026

'Being the defending champions certainly gives us confidence, but every Olympiad is a new event and starts from scratch.'

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.