Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.
A priest of the Jagannath Temple in Puri is setting up a 300-room luxury resort with a strong spiritual focus, aiming to offer a "satvik" experience to pilgrims and travellers seeking spiritual serenity with modern comforts. The beachside project, valued at Rs 200 crore, will be a pure vegetarian and non-liquor retreat, offering a blend of spiritual tranquillity and luxury hospitality. The 'Jagannatham' project, being built on a seven-acre beachfront plot, is expected to open in 14-16 months, before the Rath Yatra of 2026.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.
There are some speculations over some rejigging in the A+ category following the retirement of stalwarts Rohit Sharma, Virat Kohli and Ravindra Jadeja from T20 Internationals.
Union Home Minister Amit Shah has refuted claims made by Tamil Nadu Chief Minister M K Stalin regarding fund allocation and delimitation, accusing him of spreading misinformation and engaging in diversionary tactics. Shah asserted that the Modi government has provided significant financial support to Tamil Nadu and denied claims of any reduction in Parliamentary representation for the state following delimitation. He also criticized the DMK government's handling of law and order, citing issues such as drug trafficking and corruption. Shah expressed confidence in the BJP's prospects in the upcoming Assembly elections, predicting a larger victory than in Maharashtra and Haryana.
Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.
The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi, and others on charges of money laundering in the National Herald case. The chargesheet, filed on April 9, names Congress leaders Sam Pitroda and Suman Dubey as accused persons. The case pertains to the alleged fraudulent takeover of properties valued over Rs 2,000 crore belonging to the Associated Journals Limited (AJL), the publisher of the National Herald news platform. The ED alleges that Young Indian, a private company "beneficially owned" by Sonia Gandhi and Rahul Gandhi, "acquired" AJL properties for a mere Rs 50 lakh, significantly undervaluing its worth. The case has been transferred to Special Judge Vishal Gogne's court for further proceedings.
The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.
Royal Challengers Bengaluru all-rounder Krunal Pandya revealed his mindset behind bowling a bouncer out of the blue to Kolkata Knight Riders record-signing Venkatesh Iyer during the opening match of Indian Premier League 2025, at the Eden Gardens in Kolkata, on Saturday.
The 18 year old from an impoverished family in Chennai won the Carrom World Cup, but the title has not changed either her or her father, an autorickshaw driver.
News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.
'Salman's bad phase is going on for the last five-six years.'
The standout performers for DC with the ball were Kuldeep Yadav (2-17 in 4 overs) and Vipraj Nigam (2-18 in 4 overs).
'With a very stable technology with limited functionalities, a large network has spanned out.'
The first quarter has scored mostly flops, with just one blockbuster (Chhaava) and a smattering of those which have recovered costs.
Propelled by strong demand and lower costs, the country's largest airline, InterGlobe Aviation (IndiGo), reported solid operational performance in the 2024-25 (FY25) October-December quarter (Q3). While demand was driven by the festival season, year-end increase, and higher consumer spending, lower fuel and rental costs helped deliver a beat at the operating profit level.
Vipraj Nigam's all-round heroics not only sealed a sensational win for Delhi Capitals but also announced his arrival on the IPL stage in style.
Recalling his detention during Hiteshwar Saikia's tenure as Assam Chief Minister, Union Home Minister Amit Shah on Saturday said that during the Congress government in Assam, he was beaten up and had jail food for seven days in the state.
The Naxalites, 10 of whom are women, turned themselves in before senior officials of the state police and the Central Reserve Police Force (CRPF), he added.
The train was heading to Kamakhya station in Assam's Guwahati from Bengaluru.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
Deva saw low collections at the box office over the weekend.
Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience.
Amidst a severe water crisis, the Karnataka Water Supply and Sewerage Board banned the usage of drinking water for car washing, gardening, construction, water fountains and road construction and maintenance. It also imposed a fine of Rs 5,000, if the order is violated.
UPI topped Rs 24 trillion in value of transactions and 19 billion in volume for the first time after becoming operational in April 2016.
Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.
Lord's suffers a loss of 4 million pounds in ticket sales due to India's absence in WTC final.
The Union health ministry has been allocated Rs 99,858.56 crore in the Budget 2025-2026, an around 11 per cent hike over the Rs 89,974.12 crore in the budget (revised estimates) of 2024-2025 with the government announcing setting up daycare cancer centres at all district hospitals over the next three years.
A home insurance policy covers damage from earthquakes, fires, explosions, floods, landslides, cyclones, storms, aircraft damage, and acts of terrorism.
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh, targeting everything from unemployment to crop productivity enhancement across the country. Presenting her eighth budget speech in Parliament, Sitharaman positioned agriculture as "the first engine of growth" and unveiled the Prime Minister Dhan-Dhaanya Krishi Yojana, a flagship program targeting 100 agri-districts grappling with low productivity, moderate crop intensity, and below-average credit parameters.
'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.'
Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the "State of the Economy" in the Reserve Bank of India (RBI) monthly bulletin said.
A Mumbai court sentenced filmmaker Ram Gopal Varma to three months imprisonment in a cheque bounce case and issued a non-bailable arrest warrant against him.
In a major decision, the RBI on Friday announced that UPI payment limit to hospitals and educational institutions will be raised to Rs 5 lakh from Rs 1 lakh at present and hiked the cap for e-mandates for recurring payments to Rs 1 lakh. Unveiling the December bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of Unified Payments Interface (UPI) transactions has been reviewed from time to time. "It is now proposed to enhance the UPI transaction limit for payment to hospitals and educational institutions from Rs 1 lakh to Rs 5 lakh per transaction," he said.
Within India, people are selecting destinations via routes such as Lakshadweep, Alappuzha, the Sundarbans, Goa and Kochi for pre-wedding parties.
Among Sensex shares, Mahindra & Mahindra, Bharti Airtel, Bajaj Finance, Zomato, Nestle, Bajaj Finserv, Maruti and Titan were the biggest gainers. Sun Pharma, Power Grid, Tata Consultancy Services, Tech Mahindra, Asian Paints and Tata Motors were among the laggards.
Delhi Capitals have never won the IPL despite featuring top talent over the years. Under Axar Patel's leadership, they will hope IPL 2025 finally ends their title drought.
There's clearly no limit to how dramatic a wedding can be.
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