Search results for 'Credit'

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

Rediff.com4 days ago

The Delhi Police's Financial Monitoring Cell prevented potential losses of Rs 1.53 crore in "digital arrest" scams across five states. Their Proactive Victim Identification and Protection Team intervened to save multiple victims, including senior citizens, from transferring additional money to fraudsters who impersonated officials and threatened arrest for fabricated crimes.

No dew, slower balls! How Windies stunned India

No dew, slower balls! How Windies stunned India

Rediff.com7 days ago

Pacer Keemo Paul discusses how West Indies bowlers effectively used slow balls on a gripping pitch and the absence of dew to secure a 24-run victory over India in the fourth T20I on Wednesday. He also highlighted captain Shai Hope's crucial century and strong team planning as key factors in their success.

'Immense joy and pride': Father hails Diksha Dagar's Asian Games silver

'Immense joy and pride': Father hails Diksha Dagar's Asian Games silver

Rediff.com5 Oct 2026

Indian golfer Diksha Dagar and her father, Narender Dagar, expressed immense pride and joy after India secured a silver medal in the women's team golf event at the 2026 Asian Games, highlighting years of dedication and hard work.

Hazlewood, Starc and Cummins keep defying age

Hazlewood, Starc and Cummins keep defying age

Rediff.com14 Oct 2026

Australia's veteran bowling attack, featuring Josh Hazlewood, Pat Cummins, Mitchell Starc, and Nathan Lyon, delivered a decisive performance in the first Test against South Africa in Durban. Their combined effort led Australia to a 214-run victory, with Hazlewood taking career-best figures. Captain Cummins lauded the bowlers' rigorous preparation and team-first approach, highlighting their continued effectiveness despite their age.

Rohit Sharma on finding the perfect formula to handle pressure

Rohit Sharma on finding the perfect formula to handle pressure

Rediff.com7 days ago

Rohit Sharma credits meticulous preparation, studying opposition bowlers and mental strength for handling pressure, while maintaining strong ODI form ahead of India's upcoming New Zealand and Sri Lanka series.

CAFE-III Norms Notified: Lighter Cars Get Softer Fuel Efficiency Targets, Heavier Vehicles Face Stricter Goals

CAFE-III Norms Notified: Lighter Cars Get Softer Fuel Efficiency Targets, Heavier Vehicles Face Stricter Goals

Rediff.com30 Sep 2026

India's Ministry of Power has notified the third phase of Corporate Average Fuel Economy (CAFE-III) norms for passenger vehicles, effective from April 1, 2027, which set relatively softer efficiency targets for lighter cars and demand greater improvements from heavier vehicles, a move expected to benefit manufacturers like Maruti Suzuki India.

'If there is passion for motorsport in India, then it makes sense to host F1 race'

'If there is passion for motorsport in India, then it makes sense to host F1 race'

Rediff.com11 Oct 2026

Alpine managing director Steve Nielsen, a veteran of Formula 1 since 1985, shares insights into his four-decade career, the sport's evolution from a niche interest to a global powerhouse, and the roles of Bernie Ecclestone and Liberty Media in its growth. He also discusses the potential return of the Indian Grand Prix, highlighting India's significant F1 fanbase.

Jaffer rues Rinku Singh's absence, says India missed a game-changer in 4th T20I vs Windies

Jaffer rues Rinku Singh's absence, says India missed a game-changer in 4th T20I vs Windies

Rediff.com6 days ago

Wasim Jaffer says India missed Rinku Singh's finishing prowess against West Indies, while cautioning against expecting Naman Dhir to bowl four overs and stressing his batting value.

Fake GST Credit Jumps To Rs 75,000 Cr In FY26

Fake GST Credit Jumps To Rs 75,000 Cr In FY26

Rediff.com29 Jul 2026

Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.

Don't Let Your Health Insurance Lapse

Don't Let Your Health Insurance Lapse

Rediff.com12 Oct 2026

Buying a policy is only the beginning. Health insurance is a long-term commitment that needs regular review as your age, health needs and family circumstances change.

4th T20I: Shreyas Iyer laments bowling failures as Windies set up Bengaluru decider

4th T20I: Shreyas Iyer laments bowling failures as Windies set up Bengaluru decider

Rediff.com7 days ago

India's captain Shreyas Iyer attributed the team's 24-run defeat against the West Indies in the fourth T20I to poor bowling execution. The loss levelled the five-match series 2-2, setting up a decider on Saturday. West Indies skipper Shai Hope and bowler Keemo Paul also shared their perspectives on the match and pitch conditions.

Apple Pay Debuts In India With Axis Bank Partnership

Apple Pay Debuts In India With Axis Bank Partnership

Rediff.com30 Sep 2026

Apple has officially launched its Apple Pay service in India, initially partnering with Axis Bank for Visa and Mastercard credit card users. The service allows secure, cashless transactions via iPhone, iPad, and Apple Watch using NFC technology, without requiring PINs or OTPs. This move is set to intensify competition in India's digital payments market, currently dominated by UPI and local players, with Apple planning to onboard more banks and expand merchant networks.

How Virat Kohli's videos helped Australia's McSweeney

How Virat Kohli's videos helped Australia's McSweeney

Rediff.com12 Oct 2026

Australia 'A' batter Nathan McSweeney attributed his success in the recent one-day series against India A to studying Virat Kohli's technique against spinners on YouTube. McSweeney was named player of the series after scoring 194 runs, helping Australia A win the series 2-1. He highlighted the importance of adapting to Indian conditions and executing strategies learned from top players.

Ishan Kishan credits clear mind for epic Duleep Trophy knock against South Zone

Ishan Kishan credits clear mind for epic Duleep Trophy knock against South Zone

Rediff.com7 Sep 2026

Ishan Kishan, after scoring an epic 270 in the Duleep Trophy final, revealed that freeing his mind from overthinking and expectations has been crucial to his recent success. He emphasised focusing solely on scoring runs and winning matches, a change that came after a turbulent phase in his career, including losing his BCCI central contract. Kishan highlighted the importance of domestic cricket for reflection and growth, enabling him to return stronger.

Rahul Gandhi's Congress Janta Party

Rahul Gandhi's Congress Janta Party

Rediff.com13 Oct 2026

With the anti-Gyanesh Kumar campaign, Rahul Gandhi is showing he is determined to not let anyone else claim credit for what follows, notes Saisuresh Sivaswamy.

How Crypto Fraudsters Duped 500 Investors Of Rs 10 Crore

How Crypto Fraudsters Duped 500 Investors Of Rs 10 Crore

Rediff.com11 Oct 2026

Telangana police have arrested two individuals from Andhra Pradesh in connection with a large-scale cryptocurrency investment fraud. The accused allegedly operated a Ponzi scheme through a fake website, cheating around 500 victims of over Rs 10 crore by promising to double investments and offering commissions for recruiting new members.

GST Council Oct 7 Meet: What Businesses Want!

GST Council Oct 7 Meet: What Businesses Want!

Rediff.com16 Sep 2026

Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.

Bhuvneshwar Never Chased an India Comeback. Ashwin Explains Why

Bhuvneshwar Never Chased an India Comeback. Ashwin Explains Why

Rediff.com13 Oct 2026

Ravichandran Ashwin discusses Bhuvneshwar Kumar's recall to the T20I squad, attributing it to his consistent IPL performance without chasing rewards. He also touches upon Mohammed Shami's potential comeback, his relationships with Jasprit Bumrah and Virat Kohli, and predicts India and South Africa as strong contenders for the 2027 ODI World Cup.

'History will be kinder to you': Gambhir bids Agarkar farewell

'History will be kinder to you': Gambhir bids Agarkar farewell

Rediff.com7 Oct 2026

India head coach Gautam Gambhir paid tribute to outgoing chief selector Ajit Agarkar, acknowledging his role in India's three ICC trophy wins during his tenure. Agarkar's term ended on Tuesday, and he did not seek an extension, with Pragyan Ojha stepping in as interim chief selector.

Nana Patekar Dies At 76

Nana Patekar Dies At 76

Rediff.com8 Oct 2026

Nana Patekar has passed away in Goa after suffering a heart attack on Thursday morning.

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Rediff.com17 Sep 2026

The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.

Roston Chase Backs Shai Hope Ahead of IPL Mini-Auction

Roston Chase Backs Shai Hope Ahead of IPL Mini-Auction

Rediff.com10 Oct 2026

Roston Chase calls Shai Hope underrated after his 45-ball T20I century powered the West Indies to a record chase, strengthening the skipper's case ahead of the IPL mini-auction.

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Rediff.com29 Jul 2026

Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.

Rising Inflation? Protect Your Money Now

Rising Inflation? Protect Your Money Now

Rediff.com29 Sep 2026

'Separate needs from wants and minimise discretionary spending.'

32 medals! Haryana celebrates its Asian Games stars

32 medals! Haryana celebrates its Asian Games stars

Rediff.com5 Oct 2026

Haryana's athletes, who secured an impressive 32 medals including 14 gold at the Aichi-Nagoya Asian Games, received a warm welcome from Sports Minister Gaurav Gautam. The minister and Chief Minister Nayab Singh Saini lauded their performance, highlighting the state's significant contribution to India's overall medal tally and its strong sporting culture.

At UNGA, Sharif thanks Trump for 'timely intervention' in 2025 conflict with India

At UNGA, Sharif thanks Trump for 'timely intervention' in 2025 conflict with India

Rediff.com26 Sep 2026

Pakistan's Prime Minister Shehbaz Sharif used his UN General Assembly address to thank former US President Donald Trump for his "timely intervention" in the 2025 conflict with India, a claim India consistently denies. Sharif also raised the Kashmir issue and discussed the Indus Waters Treaty, while touting Pakistan's role in mediating US-Iran peace.

Gold loans, commercial realty fuel NBFC credit surge in May

Gold loans, commercial realty fuel NBFC credit surge in May

Rediff.com8 Jul 2026

Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.

HDFC Bank, Axis, Kotak Mahindra See Robust Deposit Growth in Q2

HDFC Bank, Axis, Kotak Mahindra See Robust Deposit Growth in Q2

Rediff.com13 Oct 2026

India's leading private-sector banks, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, reported robust deposit growth in the July-September quarter (Q2FY27), significantly aided by the Reserve Bank of India's concessional FCNR(B) swap window.

Darren Sammy outlines West Indies' strategy to conquer India in T20I series

Darren Sammy outlines West Indies' strategy to conquer India in T20I series

Rediff.com13 Oct 2026

West Indies head coach Darren Sammy emphasised the critical importance of winning both powerplays (batting and bowling) to defeat India in the ongoing T20I series. He highlighted the team's struggle to contain India in the initial overs while bowling and stressed the need for improvement. Sammy also defended all-rounder Roston Chase, praising his discipline and tactical understanding amidst criticism of his selection.

Archer Dhiraj Bommadevara's Unwavering Focus On Los Angeles Olympics

Archer Dhiraj Bommadevara's Unwavering Focus On Los Angeles Olympics

Rediff.com9 Oct 2026

Dhiraj Bommadevara, India's top recurve archer, expresses no regrets despite missing an individual medal at his second Asian Games. He highlights his Games-record qualification score and team silver medals, viewing the experience as crucial for his preparation for the 2028 Los Angeles Olympics. Bommadevara emphasizes learning from past failures, the importance of a positive team environment, and the need to focus on improvement rather than dwelling on mistakes.

India Rejects US Influence Claims Over UPI MDR Policy

India Rejects US Influence Claims Over UPI MDR Policy

Rediff.com17 Sep 2026

The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.

UPI Usage Holds Firm Despite MDR Backlash

UPI Usage Holds Firm Despite MDR Backlash

Rediff.com1 Oct 2026

UPI processed an average 802 million transactions a day in September, about 1 per cent more than the 792 million a day over the same period in August.

UPI MDR Framework Needs Rationalisation to Protect Public Trust: IIT Bombay Report

UPI MDR Framework Needs Rationalisation to Protect Public Trust: IIT Bombay Report

Rediff.com11 Oct 2026

A report by IIT Bombay suggests that the proposed Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions needs rationalisation before implementation to safeguard public trust in the digital payments system, highlighting that UPI's long-term economic benefits outweigh potential incremental income from merchant fees.

Banking system liquidity slips to lowest in 3 weeks amid credit growth

Banking system liquidity slips to lowest in 3 weeks amid credit growth

Rediff.com24 Jul 2026

India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.

India's late gold rush: Kumkum, Pranavi script Asian Games history

India's late gold rush: Kumkum, Pranavi script Asian Games history

Rediff.com3 Oct 2026

India concluded its Asian Games campaign in Nagoya with a creditable fourth place, securing 85 medals, including 21 golds. The final days saw a surge in gold medals, notably from the cricket and hockey teams, and historic individual wins by 17-year-old archer Kumkum Mohod and golfer Pranavi Urs.

Wrestler Deepak Punia Clinches Second Asian Games Medal In 97kg Category

Wrestler Deepak Punia Clinches Second Asian Games Medal In 97kg Category

Rediff.com3 Oct 2026

Indian wrestler Deepak Punia secured a bronze medal in the men's 97kg category at the Asian Games, defeating Mongolia's Gankhuyang Ganbataar. This marks his second Asian Games medal, following a silver in 2023, and adds to his impressive international record including a 2019 World Championships silver.

NPCI Chief Explains Limited Impact Of UPI Charges

NPCI Chief Explains Limited Impact Of UPI Charges

Rediff.com24 Sep 2026

NPCI chief Dilip Asbe stated that only about 10 per cent of the total value of UPI transactions might see charges passed to consumers under the merchant discount rate (MDR). He clarified that large corporates are expected to absorb most costs, and a significant portion of transactions will remain charge-free. A new fund from MDR collection is also proposed to boost UPI acceptance among small merchants.

NPCI Chief Clarifies UPI Transaction Charges Impact On Consumers

NPCI Chief Clarifies UPI Transaction Charges Impact On Consumers

Rediff.com24 Sep 2026

NPCI chief Dilip Asbe stated that only about 10% of UPI transaction value might see charges passed to consumers, primarily from large corporates already absorbing credit card fees. He highlighted that 80% of Merchant Discount Rate (MDR) would come from businesses with over Rs 1,000 crore turnover, and a significant portion of transactions will remain charge-free. A new fund, potentially Rs 3,000 crore, will also be created from MDR collection to support small merchants and accelerate UPI acceptance.

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Rediff.com11 Jul 2026

Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.

Mumbai Mayor Ritu Tawde fined, faces warrant threat in 2016 assault case

Mumbai Mayor Ritu Tawde fined, faces warrant threat in 2016 assault case

Rediff.com8 Oct 2026

Mumbai Mayor Ritu Tawde has been fined Rs 1,000 by a city court for her repeated non-appearance in a 10-year-old assault case. The court warned that failure to appear at the next hearing on November 2 for framing of charges could lead to a warrant and cancellation of bail bonds. The case stems from a 2016 incident at a BMC school.