News for '-rediff-archives'

No fans allowed for Pakistan's WC warm-up in Hyderabad

No fans allowed for Pakistan's WC warm-up in Hyderabad

Rediff.com26 Sep 2023

Pakistan's first warm-up match ahead of the World Cup will be played behind closed doors in Hyderabad for security reasons.

Raj Thackeray May Get 1 Lok Sabha Seat

Raj Thackeray May Get 1 Lok Sabha Seat

Rediff.com20 Mar 2024

The MNS joining the BJP-led alliance in Maharashtra could help it with a 'Thackeray versus Thackeray' narrative, fielding Raj Thackeray, an articulate speaker, to take on his cousin Uddhav Thackeray.

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

'Naming Sharath Kamal as flag bearer sent shockwaves'

'Naming Sharath Kamal as flag bearer sent shockwaves'

Rediff.com30 Mar 2024

Sharath Kamal a 'nondescript sportsman' to be flag-bearer in Paris Olympics, protest TN athletics officials against Kamal as flag bearer

Why RCB Must Buy Starc, Mujeeb

Why RCB Must Buy Starc, Mujeeb

Rediff.com6 Dec 2023

'If you look at their squad, with Cameron Green coming in, they have their biggest headache sorted. The middle muddle is sorted. They will have to sort out their bowling.'

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

Rediff.com8 Jan 2024

The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.

Olympics-bound Priyanka Goswami to train in Australia

Olympics-bound Priyanka Goswami to train in Australia

Rediff.com15 Dec 2023

Shooter Bhowneesh Mendiratta's proposal for financial assistance towards a week-long training camp with foreign coach Daniele Di Spigno has also been approved.

Markets fall for 2nd day on unabated foreign fund outflows

Markets fall for 2nd day on unabated foreign fund outflows

Rediff.com4 Oct 2023

Among the Sensex firms, Axis Bank fell over 4 per cent, emerging as the biggest laggard. State Bank of India, IndusInd Bank, NTPC, UltraTech Cement, Bajaj Finserv, Tata Steel, JSW Steel, Maruti and Larsen & Toubro were the other major laggards. Nestle, Hindustan Unilever, HDFC Bank, Tata Consultancy Services, Infosys, HCL Technologies, and Asian Paints were among the gainers.

UPI credit line: NPCI may go easy on interchange fee

UPI credit line: NPCI may go easy on interchange fee

Rediff.com8 May 2024

To increase the adoption of credit on United Payments Interface (UPI), National Payments Corporation of India (NPCI) is looking at an interchange fee for transactions lower than that for a credit-card transaction. Sources in the know said these charges could be 1-1.2 per cent. Fintech participants concur with the view that the interchange fee is expected to be lower than that for a credit-card transaction.

SC rejects govt plea, upholds Bengal's suit on CBI

SC rejects govt plea, upholds Bengal's suit on CBI

Rediff.com10 Jul 2024

The Central Bureau of Investigation is under the superintendence of the Union government as per the statutory scheme, the Supreme Court held on Wednesday while rejecting the Centre's objection to the maintainability of a lawsuit by West Bengal contesting the federal agency's action of pressing ahead with investigation of cases in the state despite withdrawal of general consent.

Battle for short term money likely to turn more intense in March

Battle for short term money likely to turn more intense in March

Rediff.com13 Mar 2024

The need for money among banks, especially for short-term funds, may turn more intense in the last month of the financial year to feed the demand for capital for tax payments and meet year-end targets. The mobilisation of funds via the certificate of deposits (CDs) has seen a threefold increase to over Rs 60,000 crore in the fortnight that ended February 23 from around Rs 20,000 crore in the fortnight of January 26, 2024, according to the Reserve Bank of India (RBI) data.

'I Want To Teach Assam CM A Lesson'

'I Want To Teach Assam CM A Lesson'

Rediff.com19 Aug 2024

'There is a saying in Assamese about inflicting pain on an adversary: He cut my hands with a sword and rubbed salt into my wounds.' 'This has never been the BJP's culture but it started happening openly and frequently under Himanta Biswa Sarma.'

WTA Player of Year Swiatek emulates Serena

WTA Player of Year Swiatek emulates Serena

Rediff.com12 Dec 2023

Storm Hunter and Elise Mertens picked up the Doubles Team of the Year award, China's Zheng Qinwen was named Most Improved Player while Russian Mirra Andreeva won Newcomer of the Year.

Markets rebound on firm global trends

Markets rebound on firm global trends

Rediff.com29 Sep 2023

Among the Sensex firms, NTPC climbed over 3 per cent emerging as the biggest gainer. Tata Motors, Sun Pharma, Tata Steel, State Bank of India, UltraTech Cement, JSW Steel, Bajaj Finance, Reliance, ICICI Bank and IndusInd Bank were the other major gainers. Power Grid, HCL Technologies, Tech Mahindra, Tata Consultancy Services, Infosys and Titan were among the laggards.

6 Lessons From Vinesh's Olympic Journey

6 Lessons From Vinesh's Olympic Journey

Rediff.com17 Aug 2024

Vinesh Phogat is a reminder that true champions are not just defined by their medals but by their character and their impact on society.

In a first: RBI conducts two VRRR auctions in one day

In a first: RBI conducts two VRRR auctions in one day

Rediff.com7 Feb 2024

The Reserve Bank of India (RBI) conducted two overnight variable rate reverse repo (VRRR) auctions on Tuesday, marking the first instance of such action in a single day. The move aimed to reduce liquidity from the banking system, which has been largely in deficit mode for the past four months. Market participants noted that the central bank held the second VRRR auction due to its awareness of funds being released to banks during the day.

ICC World Cup: The underdog triumphs we'll never forget!

ICC World Cup: The underdog triumphs we'll never forget!

Rediff.com15 Oct 2023

Let's delve into six remarkable underdog triumphs at the ICC World Cup

Markets hit fresh lifetime highs; Sensex gains 370 points

Markets hit fresh lifetime highs; Sensex gains 370 points

Rediff.com28 Dec 2023

Among the Sensex firms, NTPC, Mahindra & Mahindra, Power Grid, Nestle, Tata Motors, ITC, Bharti Airtel and Kotak Mahindra Bank were the major gainers. In contrast, Larsen & Toubro, Wipro, JSW Steel, UltraTech Cement, and Asian Paints were among the laggards.

Mental strength is what makes Kohli, Shami alike: Mhambrey

Mental strength is what makes Kohli, Shami alike: Mhambrey

Rediff.com11 Apr 2024

Mhambrey further said Kohli's work ethics have rubbed on the young cricketers in Indian team.

Bengal CID refuses to give Shajahan Sheikh's custody to CBI

Bengal CID refuses to give Shajahan Sheikh's custody to CBI

Rediff.com5 Mar 2024

The Enforcement Directorate (ED) is likely to move the Calcutta high court on Wednesday against the West Bengal government for not handing over suspended Trinamool Congress leader Shajahan Sheikh's custody to the Central Bureau of Investigation (CBI), a highly placed source said.

Defence Policy: India's Democracy Deficit

Defence Policy: India's Democracy Deficit

Rediff.com3 Jul 2024

One hopes the new Lok Sabha will mark a break from a dismal tradition -- lack of interest in defence and security policies, argues Colonel Anil A Athale.

Reliance, Tata on TIME's list of world's most influential companies

Reliance, Tata on TIME's list of world's most influential companies

Rediff.com30 May 2024

Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.

'Errant Policemen Must Be Punished'

'Errant Policemen Must Be Punished'

Rediff.com13 Aug 2024

'This government is not in the hands of M K Stalin but in the hands of the bureaucracy -- the IAS and IPS.'

CBI draws flak for not objecting to Chanda Kochhar, husband's interim bail

CBI draws flak for not objecting to Chanda Kochhar, husband's interim bail

Rediff.com10 Oct 2023

The Supreme Court on Tuesday questioned the CBI over not objecting to repeated extension of the two-week interim bail granted in January this year to former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi asked Additional Solicitor General SV Raju, appearing for the CBI, as to why the probe agency did not resist repeated extension of interim bail granted to them by the Bombay high court on January 9. "This order is of January 9 and interim bail was granted for only two weeks. Why have you not resisted? Why are you permitting it to continue for such a long period?

Yes Bank Q4 profit doubles to Rs 452 crore

Yes Bank Q4 profit doubles to Rs 452 crore

Rediff.com27 Apr 2024

Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. In the year-ago quarter, the bank logged a profit of Rs 202.43 crore. The private sector lender benefitted from write-back on income tax and interest on income tax returns, but the profits were limited by its inability to comply with the mandatory priority sector lending (PSL) requirements, its management said.

Debate rages on: Is Ronaldo better than Messi?

Debate rages on: Is Ronaldo better than Messi?

Rediff.com1 Dec 2023

The Portuguese superstar now has scored the most first-division goals in football history, he has 527 career league goals with 61 goals alone in 2023.

Television prices may go up by 10% in April due to rising open cell rates

Television prices may go up by 10% in April due to rising open cell rates

Rediff.com15 Mar 2024

Consumers may have to shell out more to buy television panels as manufacturers say they may raise prices again in April. The industry has been facing this issue of price rise post the pandemic and open cell prices have gone up by around 30 per cent in the last one year. And, television panel manufacturers expect this trend to continue.

High vegetable prices push retail inflation to 4-month high

High vegetable prices push retail inflation to 4-month high

Rediff.com12 Jan 2024

Retail inflation rose at the fastest pace in four months in December 2023 at 5.69 per cent, on account of an increase in prices of vegetables, pulses, and spices, according to government data released on Friday. The annual inflation based on Consumer Price Index (CPI) was at 5.55 per cent in November and 5.72 per cent in the year-ago month. As per the data released by the National Statistical Office (NSO), the rate of price rise in the food basket, which constitutes nearly half of the CPI, increased to 9.53 per cent in December 2023, as against 8.7 per cent in the preceding month, and 4.19 per cent in December 2022.

Blow for Bangladesh! Litton Das out of Asia Cup...

Blow for Bangladesh! Litton Das out of Asia Cup...

Rediff.com30 Aug 2023

Litton Das was ruled out of the tournament because of viral fever.

From a record high, Sensex sinks by 931 points at close

From a record high, Sensex sinks by 931 points at close

Rediff.com20 Dec 2023

Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined. HDFC Bank was the only gainer from the pack. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

David Beckham to attend India-NZ World Cup semi-final

David Beckham to attend India-NZ World Cup semi-final

Rediff.com14 Nov 2023

The India-Sri Lanka game witnessed two cricket legends, Sachin Tendulkar and Muttiah Muralitharan, taking part in a short event during a drinks break in the second half of the match.

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

Infosys gets Rs 341 crore tax demand for assessment year 2020-21

Infosys gets Rs 341 crore tax demand for assessment year 2020-21

Rediff.com1 Apr 2024

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order. The Bengaluru-headquartered company said it is in the process of evaluating the impact of the order on its financial statements for the quarter and year ending March 31, 2024. Infosys also said it is evaluating filing an appeal against this order.

No coercive steps against Wankhede in Sushant drugs case, says HC

No coercive steps against Wankhede in Sushant drugs case, says HC

Rediff.com1 Apr 2024

The Bombay high court on Monday said no coercive steps shall be taken against IRS officer Sameer Wankhede till April 10 on notices issued to him on the NCB's preliminary inquiry over irregularities in a drugs case related to actor Sushant Singh Rajput's death.

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.

Adani's Sri Lanka port JV gets $553 mn from US

Adani's Sri Lanka port JV gets $553 mn from US

Rediff.com8 Nov 2023

DFC is the US government's development finance institution. Adani Ports and Special Economic Zone Limited (APSEZ) in a statement said that the US fund will support the development of deepwater shipping container terminal in the Port of Colombo.

Why Do We Overspeed On An Expressway?

Why Do We Overspeed On An Expressway?

Rediff.com8 Feb 2024

The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Rediff.com15 Apr 2024

From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Rediff.com16 Feb 2024

Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering (IPO) in the next two weeks, aiming for an $11 billion IPO valuation target. The Bengaluru-based firm plans to raise an estimated $1 billion (Rs 8,300 crore) through the IPO this year. The company is targeting a valuation in the range of $10-11 billion, and it currently has approximately $800 million in cash from the previous funding round, according to sources.

RIL in talks for stake in Tata Play, may buy Disney's 30% share

RIL in talks for stake in Tata Play, may buy Disney's 30% share

Rediff.com16 Feb 2024

Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.