Search results for 'credit'

Head, Marsh, Green centuries power Australia to huge win

Head, Marsh, Green centuries power Australia to huge win

Rediff.com24 Aug 2025

Travis Head, Mitchell Marsh and Cameron Green smashed blistering hundreds as Australia steamrollered South Africa by 276 runs in the third and final One-Day International.

Mehul Choksi's bail plea rejected by Belgian court

Mehul Choksi's bail plea rejected by Belgian court

Rediff.com30 Aug 2025

The bail plea of fugitive diamonds trader Mehul Choksi, wanted in India in connection with over Rs 6300-crore fraud in the Punjab National Bank (PNB), has again been turned down by a court of appeal in Belgium, just ahead of his extradition hearing before a court in that country, officials said. The court rejected the appeal on strong reasons conveyed by the CBI to the Belgian prosecution that Choksi had escaped from many jurisdictions earlier as well to evade legal proceedings and may flee to another country if let out on bail, they said.

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Rediff.com28 Aug 2025

The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

Ruthless Sinner whips Bublik to reach US Open quarter-finals

Ruthless Sinner whips Bublik to reach US Open quarter-finals

Rediff.com2 Sep 2025

Defending US Open champion Jannik Sinner continued his stellar run at the hardcourt Grand Slams with a 6-1, 6-1, 6-1 hammering of Kazakh 23rd seed Alexander Bublik on Monday to make the quarter-finals at Flushing Meadows.

Modi seeks unanimous election of Radhakrishnan as VP

Modi seeks unanimous election of Radhakrishnan as VP

Rediff.com19 Aug 2025

The National Democratic Alliance's vice presidential candidate C P Radhakrishnan was felicitated at a meeting of the ruling bloc's MPs in the presence of Prime Minister Narendra Modi and other Union ministers. He is expected to file his nomination soon.

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.

'Rs 12cr cash, jewellery': Cong MLA arrested in betting racket

'Rs 12cr cash, jewellery': Cong MLA arrested in betting racket

Rediff.com23 Aug 2025

The federal probe agency also said it seized Rs 12 crore in cash (including about Rs crore in foreign currency), gold jewellery worth Rs 6 crore, silver about 10 kg along with four vehicles following raids launched on Friday in multiple states.

FPIs dump equities worth Rs 21,000 cr in first half of Aug

FPIs dump equities worth Rs 21,000 cr in first half of Aug

Rediff.com17 Aug 2025

Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee.

How Women Voters Cemented Nitish Kumar's Political Fortress

How Women Voters Cemented Nitish Kumar's Political Fortress

Rediff.com6 Sep 2025

For nearly two decades, Nitish Kumar has cultivated women as a distinct constituency. 'To create a broader vote base, he thought it would be better to bring women to electoral politics.'

Khalid Jamil era begins with spectacular win!

Khalid Jamil era begins with spectacular win!

Rediff.com29 Aug 2025

CAFA Nations Cup: Gurpreet, defenders earn India win over Tajikistan

Siraj, Krishna and A Crucial Bowling Partnership

Siraj, Krishna and A Crucial Bowling Partnership

Rediff.com4 Aug 2025

'Siraj gives everything for India, and it is credit to him for that, the way he approaches cricket.'

Slowing credit growth, margin pressure await banks in 2025

Slowing credit growth, margin pressure await banks in 2025

Rediff.com1 Jan 2025

In 2025 banks are in for challenges such as pressure on margins and slowing credit growth. With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. However, deposit rates are expected to adjust more gradually, which could impact the net interest margin (NIM) - a key measure of profitability for banks.

Andaaz 2 Review: Tacky Romance

Andaaz 2 Review: Tacky Romance

Rediff.com8 Aug 2025

The sheer awfulness of Andaaz 2 really doesn't deserve anyone's time or attention, warns Mayur Sanap.

How Modi Changed Indian Politics

How Modi Changed Indian Politics

Rediff.com17 Sep 2025

In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.

We can beat anyone now, says Chirag Shetty

We can beat anyone now, says Chirag Shetty

Rediff.com2 Sep 2025

Chirag and his longtime partner Satwiksairaj Rankireddy won the men's doubles bronze last week

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

Mamata hits out at BJP over voter list 'deletions', attacks EC

Mamata hits out at BJP over voter list 'deletions', attacks EC

Rediff.com28 Aug 2025

West Bengal Chief Minister Mamata Banerjee accused the BJP of 'linguistic terror' and plotting to delete Bengali voters from electoral rolls, vowing to protect voting rights.

Duleep Trophy: Tough outing for Shami on return to red-ball cricket

Duleep Trophy: Tough outing for Shami on return to red-ball cricket

Rediff.com28 Aug 2025

East keep North in check at 308/6 on Day 1 of the Duleep Trophy quarter-finals in Bengaluru on Thursday.

GST rejig, S&P upgrade may not bring FIIs to Indian equities quickly

GST rejig, S&P upgrade may not bring FIIs to Indian equities quickly

Rediff.com20 Aug 2025

Recent developments - proposed changes to the goods and services tax (GST) rates and S&P Global Ratings' upgrade of India's long-term sovereign credit rating to BBB, with a stable outlook, - may not be enough to bring foreign investors back to Indian markets in a rush, feel analysts.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

'What makes Siraj so special is...'

'What makes Siraj so special is...'

Rediff.com6 Aug 2025

Former England all-rounder Moeen Ali feels India pacer Mohammed Siraj's big heart and his steadfast refusal to back down in the face of adversity sets him apart from the rest and makes him a difficult proposition for any batter.

In Tokyo, Modi pitches India's growth amid US tariff row

In Tokyo, Modi pitches India's growth amid US tariff row

Rediff.com29 Aug 2025

Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.

Was Eknath Shinde Behind Jarange Patil's Agitation?

Was Eknath Shinde Behind Jarange Patil's Agitation?

Rediff.com4 Sep 2025

'Shinde, via Jarange Patil, is making his moves to become the sole leader of the oppressed, poor, backward Marathas in Maharashtra.'

Theatre Commands Will Target China, Pakistan

Theatre Commands Will Target China, Pakistan

Rediff.com29 Aug 2025

The final contours of the theaterisation process could involve the establishment of two integrated theatre commands to counter Pakistan and China, along with a third maritime theatre command.

Sebi Cracks Down on Top Finfluencer

Sebi Cracks Down on Top Finfluencer

Rediff.com22 Aug 2025

'We have carried out a big search operation on a big name in this industry.'

Warne's mentor, Australia's saviour- Simpson ... passes away

Warne's mentor, Australia's saviour- Simpson ... passes away

Rediff.com16 Aug 2025

Former Australia Test captain Bob Simpson, who ushered in the country's modern-day golden era of cricket as its coach, has died aged 89, Cricket Australia said on Saturday.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

Modi And The Art Of Practising External Affairs

Modi And The Art Of Practising External Affairs

Rediff.com3 Sep 2025

'Personalities are temporary, policies provide for stability.' 'With the former, when personalities change so does the nature of the relationship.' 'Policies and structures, on the other hand, are idiot-proof, as well as maverick-resistant,' explains Saisuresh Sivaswamy.

ED summons Anil Ambani on Aug 5, issues look out circular

ED summons Anil Ambani on Aug 5, issues look out circular

Rediff.com2 Aug 2025

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.

'To chase down 350 is a fantastic effort; Credit to Australia'

'To chase down 350 is a fantastic effort; Credit to Australia'

Rediff.com23 Feb 2025

England skipper Jos Buttler expressed delight in Ben Duckett's record-breaking knock even as he hailed Australia for chasing down a massive total of 352 runs in the ICC Champions Trophy Group B match in Lahore on Saturday.

Trump's 50% tariffs on India kick in; to hit exports

Trump's 50% tariffs on India kick in; to hit exports

Rediff.com27 Aug 2025

On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.

Son Heung-min joins LAFC in record MLS transfer deal

Son Heung-min joins LAFC in record MLS transfer deal

Rediff.com7 Aug 2025

Son Heung-min said he is "here to win" after he joined Los Angeles FC for a record Major League Soccer transfer fee, ending a decade-long stint at Tottenham Hotspur.

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

Cold handshake, hot words: Townsend, Ostapenko clash at US Open

Cold handshake, hot words: Townsend, Ostapenko clash at US Open

Rediff.com28 Aug 2025

'She told me I had no class, I have no education and to see what happens when we get outside the US.'

Want To Study AI Abroad?

Want To Study AI Abroad?

Rediff.com21 Aug 2025

'For tech fields like AI-DS, the US, Canada, UK, Germany and Australia are popular due to strong research and industry links', says rediffGURU Dr Karan Gupta.

BFSI sector to add 2.5 lakh jobs by 2030

BFSI sector to add 2.5 lakh jobs by 2030

Rediff.com21 Aug 2025

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.

'Was confident of India winning Oval Test'

'Was confident of India winning Oval Test'

Rediff.com5 Aug 2025

Ganguly, who is credited for transforming the Indian Test side from a struggling group into a formidable force, particularly in overseas conditions, revealed he was confident of India taking the remaining four wickets on the final day to pull off an extraordinary win.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

Three things that could curb bank credit growth this year

Three things that could curb bank credit growth this year

Rediff.com8 Jan 2025

Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand. There are three reasons for this: a statistical high-base effect given the strong growth seen last financial year, revision in risk weights by the Reserve Bank of India (RBI), and relatively slower economic activity.