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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.

Iran insists Strait of Hormuz closed as US vows 'freedom of navigation'

Iran insists Strait of Hormuz closed as US vows 'freedom of navigation'

Rediff.com12 Jul 2026

Iran's Persian Gulf Strait Authority (PGSA) has declared the Strait of Hormuz closed due to 'recent illegal movements' by the US military, demanding transit permits, while the US Central Command (CENTCOM) insists the strait is 'open to all vessels' and vows to ensure 'freedom of navigation'.

How super-sub Merino delivers when Spain needs him most...

How super-sub Merino delivers when Spain needs him most...

Rediff.com11 Jul 2026

Mikel Merino, the Arsenal midfielder, has once again proven to be Spain's late-game hero, scoring an 88th-minute winner against Belgium to send his team into the World Cup semi-finals. This follows his stoppage-time goal against Portugal in the last 16. Merino attributes his consistent clutch performances to thorough preparation, embodying the collective spirit praised by coach Luis de la Fuente.

Paraguayan Senator calls Mbappe 'son of a b****' in fiery outburst

Paraguayan Senator calls Mbappe 'son of a b****' in fiery outburst

Rediff.com9 Jul 2026

Paraguayan Senator Celeste Amarilla escalated her feud with French footballer Kylian Mbappe, calling him a "son of a b****" during a Senate speech. This follows an incident where Mbappe allegedly refused to shake goalkeeper Orlando Gill's hand after a FIFA World Cup match. Amarilla also claimed Mbappe called her "despicable," while France coach Didier Deschamps stated the controversy hasn't affected Mbappe's focus.

Foxconn arm acquires stake in India unit for $37.2 mn

Foxconn arm acquires stake in India unit for $37.2 mn

Rediff.com27 Jun 2026

Electronics manufacturing leader Foxconn has injected USD 37.2 million into its Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, increasing its stake to nearly 100 per cent. This investment reinforces Foxconn's commitment to iPhone manufacturing in India.

Trump aide Graham, who backed tariffs on India, passes away

Trump aide Graham, who backed tariffs on India, passes away

Rediff.com12 Jul 2026

US Republican Senator Lindsey Graham, a prominent ally of former President Donald Trump and an influential voice on American foreign policy, has passed away at 71 following a 'brief and sudden illness', leaving a significant void in Washington's political landscape.

ICC Rankings: Abhishek loses No 1 T20I spot as Kishan takes over

ICC Rankings: Abhishek loses No 1 T20I spot as Kishan takes over

Rediff.com1 Jul 2026

Ishan Kishan has ascended to the No.1 spot in the ICC T20I batting rankings, surpassing Abhishek Sharma after strong performances, including at the T20 World Cup. Jasprit Bumrah now leads the Test bowling rankings, while Travis Head is the top Test batter. The latest ICC rankings also show significant movements for other players across T20I and Test formats.

Govt cracks whip on Meta over child sexual abuse material on Instagram

Govt cracks whip on Meta over child sexual abuse material on Instagram

Rediff.com5 Jul 2026

The government has issued a stern notice to Meta on Child Sexual Exploitative and Abuse Material (CSEAM) in paid advertisements on Instagram, sources said on Sunday.

Stock markets today: Sensex, Nifty opened in red, then recovered

Stock markets today: Sensex, Nifty opened in red, then recovered

Rediff.com29 Jun 2026

Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.

Foxconn infuses Rs 351 crore into India arm

Foxconn infuses Rs 351 crore into India arm

Rediff.com26 Jun 2026

Electronics manufacturing leader Foxconn has injected USD 37.2 million into its Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, increasing its stake to nearly 100 per cent. This investment reinforces Foxconn's commitment to iPhone manufacturing in India.

Sourav Ganguly adds Hall of Fame to glorious legacy

Sourav Ganguly adds Hall of Fame to glorious legacy

Rediff.com8 Jul 2026

Former captain Sourav Ganguly received the perfect gift on his 54th birthday on Wednesday, becoming the latest Indian cricketer to be inducted into the ICC's Hall of Fame following a decision taken at the global body's annual conference in Edinburgh.

Yastika Bhatia: Karate Kid To Lord's History Maker

Yastika Bhatia: Karate Kid To Lord's History Maker

Rediff.com14 Jul 2026

Yastika Bhatia scripted history by becoming the first woman to score a Test century at Lord's. Here's the inspiring story of her journey from Baroda prodigy and ACL injury comeback to India's latest cricket hero.

Iran targets ship crossing Hormuz with US Navy 'support'

Iran targets ship crossing Hormuz with US Navy 'support'

Rediff.com7 Jul 2026

Iran's state broadcaster IRIB reported that the Qatari oil tanker "Al-Raqayat" was targeted in the Strait of Hormuz after allegedly ignoring Iranian warnings and attempting to transit with US Navy support. This incident follows the expiry of a US-Iran agreement to halt strikes and comes amidst escalating tit-for-tat attacks in the vital waterway, raising concerns about maritime security.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

Badrinath donation row: BKTC staffer suspended; U'khand sets up probe panel

Badrinath donation row: BKTC staffer suspended; U'khand sets up probe panel

Rediff.com7 Jul 2026

An employee of the Shri Badrinath-Kedarnath Temple Committee (BKTC) has been suspended following a preliminary inquiry into alleged irregularities in the management of donations at Badrinath Dham. Both the BKTC and the Uttarakhand government have launched separate investigations into the matter, which gained attention after social media allegations and a formal complaint. The government committee is expected to submit its report within 15 days.

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.

Iran hatched fresh plot to kill Trump, Israel alerts US

Iran hatched fresh plot to kill Trump, Israel alerts US

Rediff.com10 Jul 2026

The latest development comes as diplomatic efforts between Washington and Tehran continue despite renewed hostilities. CNN reported that US and Iranian officials are still working towards a nuclear agreement by mid-August, even as preparations for possible military action have continued in parallel.

'Investors Should Prepare For Frequent Market Swings'

'Investors Should Prepare For Frequent Market Swings'

Rediff.com13 Jul 2026

'Rather than deploying all their money at once, investors should invest gradually.' 'A staggered approach is the better strategy because volatility is likely to persist.'

How Embraer's New Jet Certifications Will Reshape Indian Regional Aviation

How Embraer's New Jet Certifications Will Reshape Indian Regional Aviation

Rediff.com7 Jul 2026

Brazilian aerospace company Embraer has secured type certification from India's aviation regulator, DGCA, for three of its commercial jets (E195-E2, E190, and E195). This approval, alongside an existing certification for its E175 jet, paves the way for Embraer to expand its presence in India's regional aviation market, supported by a strategic MoU with Adani Defence & Aerospace for a Final Assembly Line in Dholera, Gujarat.

Former England pacer Liam Plunkett swaps cricket for baseball, nails strikeout

Former England pacer Liam Plunkett swaps cricket for baseball, nails strikeout

Rediff.com27 Jun 2026

Former England cricketer Liam Plunkett swapped his cricket colours for a baseball glove on Friday, playing his first game for independent American club Oakland Ballers and even claiming a strikeout.

Sandeep Patil Takes On Mentoring Role For Mumbai Cricket

Sandeep Patil Takes On Mentoring Role For Mumbai Cricket

Rediff.com24 Jun 2026

Former India cricketer Sandeep Patil has been appointed as the mentor for Mumbai cricket teams across all levels by the Mumbai Cricket Association.

Sinner ends Djokovic's dream in straight sets, faces Zverev for Wimbledon crown

Sinner ends Djokovic's dream in straight sets, faces Zverev for Wimbledon crown

Rediff.com11 Jul 2026

Defending champion Jannik Sinner ended Novak Djokovic's latest bid to claim a record 25th Grand Slam title in ruthless fashion with a 6-4, 6-4, 6-4 win to reach the Wimbledon final on Friday.

Raj Nidimouru: 'I Can't Take Credit For Samantha's Success'

Raj Nidimouru: 'I Can't Take Credit For Samantha's Success'

Rediff.com13 Jul 2026

'Samantha has been a consistent draw at the box office long before Maa Inti Bangaaram.'

Sonali Kulkarni: 'I Don't Like To Prove Who I Am'

Sonali Kulkarni: 'I Don't Like To Prove Who I Am'

Rediff.com1 Jul 2026

Did you know Sonali Kulkarni was recommended by Mani Ratnam at the very beginning of her career?

Know Christopher Nolan's Movies Before You Watch Odyssey

Know Christopher Nolan's Movies Before You Watch Odyssey

Rediff.com16 Jul 2026

From Following to Oppenheimer, here's why Christopher Nolan remains cinema's greatest modern blockbuster auteur.

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com14 Jul 2026

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

Portugal star Ronaldo links up with Drake after Croatia victory

Portugal star Ronaldo links up with Drake after Croatia victory

Rediff.com4 Jul 2026

Cristiano Ronaldo met Canadian music superstar Drake after Portugal's dramatic 2-1 World Cup win over Croatia, with the Portugal captain celebrating his first-ever World Cup knockout goal before a quarter-final clash against Spain.

INS Mahendragiri Set To Boost Naval Power

INS Mahendragiri Set To Boost Naval Power

Rediff.com8 Jul 2026

With over 75 per cent indigenous content, the frigate is among the most self-reliant frontline warships built in India.

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.

Govt summons Meta over Instagram ads promoting child abuse material

Govt summons Meta over Instagram ads promoting child abuse material

Rediff.com3 Jul 2026

India's IT Minister Ashwini Vaishnaw has directed officials to summon Meta regarding Instagram ads promoting child sexual abuse material, following a BBC investigation. This action comes shortly after the government also questioned Meta about WhatsApp's planned username feature, citing concerns over increased online fraud and cybercrimes.

I just want to get completely drunk, says Sabalenka after Wimbledon exit

I just want to get completely drunk, says Sabalenka after Wimbledon exit

Rediff.com6 Jul 2026

World number one Aryna Sabalenka expressed deep frustration after her Wimbledon title hopes were dashed by Naomi Osaka in a straight-sets fourth-round defeat.

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

Rediff.com9 Jul 2026

The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.

Maha rains: 13 dead in 4 days; rain to continue till July 8

Maha rains: 13 dead in 4 days; rain to continue till July 8

Rediff.com6 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis has warned of a possible cloudburst-like spell in Nashik on Tuesday and stated that the state machinery is on high alert, with heavy rains expected to continue until July 8. Citizens are urged to avoid unnecessary travel as authorities manage landslides, swollen rivers, and rescue operations.

IMD issues orange alert for Mumbai; heavy rain, thunderstorms likely

IMD issues orange alert for Mumbai; heavy rain, thunderstorms likely

Rediff.com29 Jun 2026

The India Meteorological Department (IMD) has issued an orange alert for Mumbai, predicting heavy to very heavy rainfall, thunderstorms, lightning, and gusty winds for the next few days. The forecast extends through Friday, with a brief yellow alert on Tuesday. Neighbouring Palghar is under a red alert, and Raigad is under an orange alert for five days.

They made me better: Prabhsimran credits Yuvraj, Ponting for India breakthrough

They made me better: Prabhsimran credits Yuvraj, Ponting for India breakthrough

Rediff.com9 Jul 2026

Prabhsimran Singh credited mentor Yuvraj Singh's tactical guidance and Punjab Kings head coach Ricky Ponting's unwavering faith for his growth, saying both played a pivotal role in earning his maiden India T20I call-up.

Inside Oval Office: What forced Trump to scrap Iran ceasefire

Inside Oval Office: What forced Trump to scrap Iran ceasefire

Rediff.com10 Jul 2026

US President Donald Trump has abruptly withdrawn from a peace deal with Iran, citing fresh intelligence of Iranian assaults on commercial vessels in the Strait of Hormuz. The decision, made just a fortnight after celebrating the deal, has led to a significant military escalation in the region, with the US launching extensive counter-operations against Iranian military infrastructure.

Gill closes in on No 1; Bumrah tops Test bowling rankings

Gill closes in on No 1; Bumrah tops Test bowling rankings

Rediff.com24 Jun 2026

India's Shubman Gill has ascended to the second position in the ICC ODI batting rankings, propelled by strong performances against Afghanistan. Meanwhile, New Zealand's Matt Henry has joined India's Jasprit Bumrah as the world's top-ranked Test bowler, marking a significant achievement for both players in the latest ICC updates.

The 10 Best Indian Films Of 2026 So Far

The 10 Best Indian Films Of 2026 So Far

Rediff.com8 Jul 2026

From Ikkis to Balan: The Boy, these are the 10 Indian films that truly deserved the loudest applause in the first half of 2026.

Infinix Launches Pininfarina-Designed Note 60 Pro With 6,500 mAh Battery

Infinix Launches Pininfarina-Designed Note 60 Pro With 6,500 mAh Battery

Rediff.com1 Jul 2026

Luxury design by Pininfarina meets everyday performance in the latest Infinix Note 60 series smartphone.

Mumbai On Red Alert For Extremely Heavy Rain

Mumbai On Red Alert For Extremely Heavy Rain

Rediff.com4 Jul 2026

The India Meteorological Department has issued a red alert for Mumbai, forecasting extremely heavy rainfall and gusty winds over the weekend. The city has already experienced over 100 mm of rain in the last 24 hours, leading to delays in local train services, though public transport remains operational.