Nineteen years later, remembering how terror struck Mumbai's lifeline on July 11, 2006.
There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.
The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Rising inflation and stagnant wages are forcing a number of salaried professionals to venture into the bike taxi service as part-time riders.
Delhi Zone's Rajit Gupta scored 332 out of 360 marks to bag the top rank in the IIT Joint Entrance Exam (Advanced).
India and Pakistan met again to decrease the huge trust deficit. There was no breakthrough as expected, but, it was not a bad news because both sides are talking, and talking a lot, says Sheela Bhatt, while reporting from Islamabad.
Justice Dinesh Pathak, allowing a writ petition filed by M/s Marion Biotech Private Limited, observed that he was surprised that Indian authorities are "trying to validate their proceedings" based on the judgement of the Supreme Court of the Republic of Uzbekistan.
'Visualise those 15 to 18 seconds: Fully loaded aircraft, pilot manually controlling with both hands (no autopilot immediately after takeoff), looking forward while switches are behind.'
Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.
Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted if the US will go ahead with imposing reciprocal tariffs on Indian products, according to experts. They said that these sectors could face additional customs duties from the Trump administration because of the high tariff differential or gap, which is the difference between the import duties imposed by the US and India on a product.
The Congress followed next with Rs 620 crore or 18.5 percent of the total expenses among the 32 national and regional parties whose records were analysed, the ADR said.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
Nayagam PP, a certified career counsellor and the founder of EduJob360, lists the top and emerging career streams in engineering.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
Sources close to the top BJP leadership tell me that Tharoor has already had secret meetings with the BJP's top brass and is waiting patiently to make his next move, reports Ramesh Menon.
Railways ramps up project to instal AI-based cameras that can recognise faces.
In a first-of-its-kind move, Delhi University's course for Gen Z students promises to unpack the emotional landmines of dating in the age of Instagram, Tinder and instant swipes,
The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.
In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.
Dr Karan Gupta offers guidance on how to pick the right international course and university.
The visit to Dhaka by the Pakistani military officials came after a delegation of Bangladeshi military officials toured Pakistan and held meetings with the three service chiefs.
'That's what women feel like on the inside when guys tease them on the road.'
But the Rohit Sharma-led team has it's fair share of problems in terms of picking an ideal playing XI.
India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.
Pakistani intelligence operatives were allegedly developing Haryana YouTuber Jyoti Malhotra, who was arrested on espionage charges, as an asset, said a senior Haryana police officer on Sunday.
https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm
Jyoti was among 12 people who have been arrested from Punjab, Haryana and Uttar Pradesh over the past two weeks on charges of espionage, with investigators pointing at an alleged Pakistan-linked spy network operating in north India.
A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.
'For the first time in this country, perhaps the first time anywhere, we are going to use backwardness index.' 'It is a fundamental shift in the discourse in the country's social justice.'
'A few answers for the reason of the crash will be known -- whether it was a technical fault, design issue, human error etc.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'There's too much coincidence in back-to-back failures of missions critical to national security.'
'I don't know whether the top Gujarati leaders of Indian politics (Prime Minister Narendra Modi and Union Home Minister Amit Shah) in Delhi realise that the narrative of HindiHinduHindustan will eventually destroy their own language too.'
Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release.
'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'
The launch of the first-ever direct train service from Delhi to Kashmir would be a big turning point in the Valley's mood and its integration with India. He had to thwart it at any cost, asserts Shekhar Gupta.
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