Search results for 'Business India'

Longest Nifty Losing Streak Since Covid

Longest Nifty Losing Streak Since Covid

Rediff.com4 days ago

'India is collateral damage. There is no way that foreign investors are going to bring money in India despite our yields also going up.'

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com22 Sep 2026

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

Father's 30-year-old gun helps Kynan Chenai strike Asian Games gold

Father's 30-year-old gun helps Kynan Chenai strike Asian Games gold

Rediff.com16 hours ago

Indian shooter Kynan Chenai secured a trap mixed team gold at the Asian Games, attributing his success to a 30-year-old gun barrel borrowed from his father, Darius. This vintage barrel, which helped his father win national championships, proved to be Kynan's lucky charm, and he has no plans of returning it. The article also details his performance alongside Neeru Dhanda and his father's continued mentorship.

Ashok Gehlot Slams Centre Over New UPI Transaction Charges

Ashok Gehlot Slams Centre Over New UPI Transaction Charges

Rediff.com17 Sep 2026

Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.

Tata Trusts: What Maharashtra Charity Commissioner Is Looking At

Tata Trusts: What Maharashtra Charity Commissioner Is Looking At

Rediff.com1 days ago

A letter sent by the Sir Dorabji Tata Trust to Venu Srinivasan, Tata Trusts vice-chairman and nominee director on Tata Sons, a day before the Tata Sons board meeting on September 17, is at the centre of deliberations.

Rising Inflation? Protect Your Money Now

Rising Inflation? Protect Your Money Now

Rediff.com2 days ago

'Separate needs from wants and minimise discretionary spending.'

Why Tata Sons IPO May Get Lower Valuation

Why Tata Sons IPO May Get Lower Valuation

Rediff.com5 days ago

Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.

'Your Emotional Quotient Is Your Investing Superpower'

'Your Emotional Quotient Is Your Investing Superpower'

Rediff.com1 hour ago

'The most effective investment approach is one that aligns with an investor's temperament, risk tolerance, and decision-making style.'

SC to hear plea seeking CEC Gyanesh Kumar's suspension

SC to hear plea seeking CEC Gyanesh Kumar's suspension

Rediff.com1 days ago

The Supreme Court has agreed to hear a Public Interest Litigation (PIL) next week that seeks the suspension of Chief Election Commissioner (CEC) Gyanesh Kumar and challenges the alleged unilateral decision-making within the Election Commission without the approval of two other Election Commissioners.

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

No BIS, no sale from 2027: Smartphone screen protectors face new rule

No BIS, no sale from 2027: Smartphone screen protectors face new rule

Rediff.com22 Sep 2026

The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

Why Tata Trusts Should Let Go Of Tata Sons

Why Tata Trusts Should Let Go Of Tata Sons

Rediff.com16 Sep 2026

A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.

Why MP Fuel Pumps Will Stop Accepting High-Value UPI Payments

Why MP Fuel Pumps Will Stop Accepting High-Value UPI Payments

Rediff.com18 Sep 2026

Fuel pump dealers in Madhya Pradesh plan to stop accepting UPI payments exceeding Rs 2,000 for petrol and diesel from October 16, citing concerns over the proposed Merchant Discount Rate (MDR). The Confederation of All India Traders (CAIT) has urged the government to reconsider the MDR imposition, warning it could hinder digital payment adoption and impact traders' profits.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com15 Sep 2026

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

Sitharaman Defends UPI MDR Decision Amidst Opposition Criticism

Sitharaman Defends UPI MDR Decision Amidst Opposition Criticism

Rediff.com5 days ago

Finance Minister Nirmala Sitharaman has strongly refuted Opposition allegations that the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on specific UPI transactions above Rs 2,000 was influenced by external pressure. She clarified that the decision was a professional one made by the payment ecosystem, not a government imposition or a tax on consumers, with collected funds distributed among banks and UPI entities to ensure a sustainable digital payments framework.

Soundarya Shetty Is A Baddie Bigg Boss

Soundarya Shetty Is A Baddie Bigg Boss

Rediff.com23 Sep 2026

While Soundarya Shetty is currently busy making waves inside the Bigg Boss 13 Kannada house, her fashion game is already doing plenty of damage outside it.

Tata Sons listing looms after RBI rejects plea on NBFC status

Tata Sons listing looms after RBI rejects plea on NBFC status

Rediff.com12 Sep 2026

The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com17 Sep 2026

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

Prahaar: When 26/11 Became A Film Spectacle

Prahaar: When 26/11 Became A Film Spectacle

Rediff.com19 hours ago

The moment it became clear that Maharashtra Chief Minister Devendra Fadnavis would launch the trailer of the Hindi film Prahaar: The Untold Story of Ujjwal Nikam it became obvious that the spectacle was more political than cinematic.

'Three Days' Banking Strike Is A Big Issue'

'Three Days' Banking Strike Is A Big Issue'

Rediff.com23 Sep 2026

'There will be some inconvenience to people. But we have given one-month notice to the government one month ago.'

Irdai proposes phased reduction in insurer expense limits, new commission framework

Irdai proposes phased reduction in insurer expense limits, new commission framework

Rediff.com6 days ago

The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.

Now, Google to share child abuse case details with govt

Now, Google to share child abuse case details with govt

Rediff.com22 Sep 2026

Search engine major Google will also start sharing details of child sexual abuse cases and repeat offenders with the cybercrime division of the Indian Cybercrime Coordination Centre (I4C) of the Ministry of Home Affairs.

Finance Minister Explains UPI MDR Structure And Impact

Finance Minister Explains UPI MDR Structure And Impact

Rediff.com5 days ago

Finance Minister Nirmala Sitharaman clarified that the proposed Merchant Discount Rate (MDR) on select high-value UPI transactions is not a tax or cess, and its collections will not go to the government. She explained that MDR is a charge within the digital payments ecosystem, shared among participants to maintain infrastructure, and will not be passed on to consumers. The NPCI's new framework, effective October 15, applies a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, with most transactions remaining free and small merchants exempt.

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

Rediff.com19 Sep 2026

Shapoorji Pallonji Mistry's statement will be watched closely against the backdrop of the listing battle as well as the Tata leadership contest, with veto votes being cast over the reappointment of N Chandrasekaran as chairman of Tata Sons for a third term.

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Rediff.com18 Sep 2026

The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.

GST Council To Review Tax On UPI Merchant Fees

GST Council To Review Tax On UPI Merchant Fees

Rediff.com6 days ago

The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Rediff.com20 Sep 2026

Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.

'If Earnings Growth Returns, Capital Can Flow Back To India'

'If Earnings Growth Returns, Capital Can Flow Back To India'

Rediff.com25 Aug 2026

'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'

4 India-based companies face US sanctions over Iran trade

4 India-based companies face US sanctions over Iran trade

Rediff.com25 Aug 2026

The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.

Top Pharma Firms Maintain Volume Growth Amid Market Shift to Chronic Therapies

Top Pharma Firms Maintain Volume Growth Amid Market Shift to Chronic Therapies

Rediff.com22 Sep 2026

India's 10 largest pharmaceutical companies have consistently maintained positive average volume growth throughout 2026, while smaller rivals have experienced more erratic performance, driven by a market shift towards chronic and sub-chronic therapies.

Paytm CEO Foresees Increased Profitability From New UPI Charges

Paytm CEO Foresees Increased Profitability From New UPI Charges

Rediff.com16 Sep 2026

Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.

'Day 1 At IIT-Bombay Was Frightening'

'Day 1 At IIT-Bombay Was Frightening'

Rediff.com1 hour ago

'There was a huge cultural gap. I could not understand the slang, the Mumbai lingo, and would often feel left out during conversations. Since I had studied in the Hindi medium till then, I could not understand English,' says Anup Raaj, an alumnus of IIT-B and founder of InstaPreps AI, a confidence-building platform for students, and coaching institute 7Classes.

10 IPO Checks Before You Invest

10 IPO Checks Before You Invest

Rediff.com17 Sep 2026

Dig into the prospectus. Use the prospectus to understand the business and its risks.

'This 2,000 MDR Limit Is Bogus'

'This 2,000 MDR Limit Is Bogus'

Rediff.com21 Sep 2026

'These limits will change. Very soon restrictions, restrictions will come.'

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Rediff.com22 Jun 2026

Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.

Why NCP (SP) Calls UPI MDR A 'Betrayal'

Why NCP (SP) Calls UPI MDR A 'Betrayal'

Rediff.com21 Sep 2026

The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.

Boxer Parveen Hooda Aims For Asian Games Redemption After Ban

Boxer Parveen Hooda Aims For Asian Games Redemption After Ban

Rediff.com16 Sep 2026

Indian boxer Parveen Hooda is set to compete in the Asian Games, aiming to win a medal after her previous bronze was revoked due to a WADA suspension for whereabouts failures. Her comeback journey has been marked by significant challenges, including changing weight categories multiple times, overcoming injuries, and adapting her training to a new division. Hooda is determined to prove herself and achieve a podium finish, viewing it as unfinished business.

NSE IPO: 'Demand Is Unexpectedly Large'

NSE IPO: 'Demand Is Unexpectedly Large'

Rediff.com16 Sep 2026

Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.

Rohit Sharma Still Has Unfinished Business

Rohit Sharma Still Has Unfinished Business

Rediff.com22 Jul 2026

The Hitman still probably hurts over missing World Cup glory in 2011 and his stellar career rightfully deserves one last hurrah at the ODI World Cup.