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Free speech suffered a blow: Rajan on Ashoka University exits
Eminent economist Raghuram Rajan has said free speech suffered a "grievous blow" in India with the resignations of Pratap Bhanu Mehta and Arvind Subramanian from the Ashoka University and that the......
Cash crunch sparks diplomatic war between India and Pakistan
Pakistan has lodged a strong protest with India over its diplomats in the high commission allegedly not being allowed to withdraw their salaries, which is paid in US dollars, by the bank.......
Covid Wanes, Credit Card Spending Rises
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'Manojit Saha reports. Illustration: Uttam Ghosh/Rediff.com Indians are spending on their credit......
How RBI's bar on Mastercard impacts Indian banks
The RBI ban is only on fresh issuances, while the existing cards business remains unimpacted. The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying......
How Zeta acquired Unicorn status in the very first round of funding
In the start-up world, hitting the $1-billion mark, which accords the “Unicorn” tag, is a milestone. Illustration: Uttam Ghosh/Rediff.com Enterprises typically reach the milestone only......
Profits: Govt banks ahead of private banks
Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal......
75% BSE 500 stocks below all-time highs despite index touching record
The underperformance of the bulk of BSE 500 stocks is a classic case of polarisation, where investors are lapping up stocks of sectors that are likely to do well going ahead. Around 75 per cent,......
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