News for 'BASIS'

Confession statement of accused can't be basis for detention under NSA: SC

Confession statement of accused can't be basis for detention under NSA: SC

Rediff.com29 Sep 2026

The Supreme Court ruled that a confession statement cannot be the sole basis for detaining an individual under the National Security Act, quashing the preventive detention of Mulla Afroz and imposing a fine on the government for an illegal order.

Guess Which Shows Were Netflix Superhits!

Guess Which Shows Were Netflix Superhits!

Rediff.com1 days ago

We delivered a great slate led by Lock Upp, our first daily reality series, which drove the most viewing of any title on Netflix in India ever.

FCNR(B) Inflows Squeeze Private Bank Margins in Q2, Recovery Expected

FCNR(B) Inflows Squeeze Private Bank Margins in Q2, Recovery Expected

Rediff.com5 days ago

Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.

India's Smartphone Market Declines 20% in Q3 2026, Samsung Regains Top Spot

India's Smartphone Market Declines 20% in Q3 2026, Samsung Regains Top Spot

Rediff.com23 hours ago

India's smartphone market experienced a significant 20 per cent year-over-year decline in the third quarter of 2026, reaching its lowest level in a decade, primarily due to soaring memory chip prices that increased device costs. Samsung reclaimed the top position with a 17 per cent market share, while Chinese brands saw a decline in supplies.

Odisha Police Apprehend Eight In Major Motorcycle Theft Racket Bust

Odisha Police Apprehend Eight In Major Motorcycle Theft Racket Bust

Rediff.com20 hours ago

Police in Kendrapara, Odisha, have busted a motorcycle theft racket, apprehending eight individuals, including a minor, and recovering 11 stolen motorcycles. Further investigation is ongoing.

Ranji Trophy: Rain denies Puducherry a chance against Madhya Pradesh

Ranji Trophy: Rain denies Puducherry a chance against Madhya Pradesh

Rediff.com2 days ago

The Ranji Trophy Group A match between Puducherry and Madhya Pradesh concluded in a draw after persistent rain prevented any play on the final day. Madhya Pradesh secured three points due to their first-innings lead.

Buying A Car This Festive Season? Avoid These Loan Mistakes

Buying A Car This Festive Season? Avoid These Loan Mistakes

Rediff.com3 days ago

Choose a car loan that fits your budget, keeps EMIs manageable and saves you money on interest, not just one with attractive festive offers.

Can Banks Recover Deceased Person's Loan From Surviving Spouse?

Can Banks Recover Deceased Person's Loan From Surviving Spouse?

Rediff.com5 days ago

Marriage alone does not make a spouse liable for debt. The extent of liability depends on whether the spouse signed as a co-borrower or guarantor, or inherited assets.

ICICI Bank reports 22% surge in Q2 net profit, driven by strong loan book expansion

ICICI Bank reports 22% surge in Q2 net profit, driven by strong loan book expansion

Rediff.com6 days ago

ICICI Bank announced a significant 22.28 per cent increase in its consolidated net profit, reaching Rs 16,333.18 crore for the September quarter, primarily fuelled by a 30 per cent jump in its loan portfolio.

RBI MPC: Rate cuts off the table as inflation concerns mount

RBI MPC: Rate cuts off the table as inflation concerns mount

Rediff.com2 days ago

The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.

No quota benefits for backward class converts to Islam: SC

No quota benefits for backward class converts to Islam: SC

Rediff.com15 Oct 2026

The Supreme Court has ruled that social backwardness is not transferable from a Hindu social order to a non-Hindu social order upon religious conversion, meaning individuals converting to Islam cannot claim reservation benefits under the Backward Class (Muslim) category solely due to conversion.

CJP's Saurav Das, Ashutosh Ranka move HC for urgent hearing on custody

CJP's Saurav Das, Ashutosh Ranka move HC for urgent hearing on custody

Rediff.com3 days ago

Cockroach Janta Party (CJP) leaders Saurav Das and Ashutosh Ranka have approached the Delhi High Court for an urgent hearing to challenge the extension of their judicial custody. They were initially detained on October 13 for allegedly protesting at Jantar Mantar, a denotified site. The CJP claims bail proceedings are being deliberately delayed and argues that the special magistrate's order extending custody violates their 'Right to Liberty' and legal procedure, especially regarding surety acceptance.

IPO Guide: What To Check Before Investing

IPO Guide: What To Check Before Investing

Rediff.com3 days ago

'Read the prospectus as a capital allocator deciding whether the business deserves your capital at the offered price.'

RBI hikes repo rate by 25 bps to 5.50% as per market expectations

RBI hikes repo rate by 25 bps to 5.50% as per market expectations

Rediff.com7 Oct 2026

The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.

Delhi Police okays Diljit's concert a day after denying nod

Delhi Police okays Diljit's concert a day after denying nod

Rediff.com21 hours ago

Delhi Police initially denied permission for Diljit Dosanjh's October 30 concert at Jawaharlal Nehru Stadium due to security concerns. However, after a meeting with organisers BookMyShow Live and a detailed plan submission, permission has been reconsidered and granted, ensuring the concert will proceed as scheduled.

Rooney calls Man Utd players 'selfish' after Como thrashing

Rooney calls Man Utd players 'selfish' after Como thrashing

Rediff.com1 days ago

Manchester United legend Wayne Rooney has branded the club's players 'selfish' and 'like babies' following their 4-1 Champions League defeat to Como, after captain Bruno Fernandes publicly questioned the coaching staff's tactics.

Marc Faber: 'India Is In A Bear Market'

Marc Faber: 'India Is In A Bear Market'

Rediff.com2 days ago

'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'

Infosys sees 6.2% rise in Q2 net profit, reaches Rs 7,823 crore

Infosys sees 6.2% rise in Q2 net profit, reaches Rs 7,823 crore

Rediff.com21 hours ago

Indian IT major Infosys announced a 6.2 per cent increase in its consolidated net profit, reaching Rs 7,823 crore for the second quarter ending September 30, alongside a 10.2 per cent growth in revenue from operations.

Allahabad High Court: Medical Report Not Essential For POCSO Compensation

Allahabad High Court: Medical Report Not Essential For POCSO Compensation

Rediff.com1 days ago

The Allahabad High Court has ruled that survivors of sexual assault under the POCSO Act cannot be denied compensation solely because their medical report does not record physical injuries. The court directed authorities to pay Rs 3 lakh to a minor under the Uttar Pradesh Rani Lakshmi Bai Mahila Samman Kosh scheme, emphasising that absence of injury marks does not negate sexual assault allegations and that the scheme's provisions must be interpreted liberally.

Tiger Shroff shooting: 4 accused of supplying arms sent to police custody

Tiger Shroff shooting: 4 accused of supplying arms sent to police custody

Rediff.com1 days ago

Four individuals, including two women, have been remanded to police custody until October 26 in connection with the firing incident at actor Tiger Shroff's car. The accused, arrested in Delhi, are alleged to have supplied weapons to the shooters, with the women reportedly smuggling firearms to Mumbai. This brings the total arrests in the case to 10.

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Rediff.com12 Oct 2026

Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.

Delhi HC refuses relief to CJP leaders challenging judicial custody

Delhi HC refuses relief to CJP leaders challenging judicial custody

Rediff.com2 days ago

The Delhi High Court has refused to interfere with the judicial custody of Cockroach Janta Party (CJP) leaders Saurav Das and Ashutosh Ranka, who were detained for protesting at a de-notified site and allegedly violating a 'peace' bond.

Rupee plunges to 94.81 against US dollar, crude oil prices surge

Rupee plunges to 94.81 against US dollar, crude oil prices surge

Rediff.com1 days ago

The Indian rupee depreciated by 43 paise to close at 94.81 against the US dollar, influenced by a negative trend in domestic equity markets, surging crude oil prices, and significant foreign institutional investor outflows.

Nepal bans import, sales of Priyagold biscuits after FSSAI action

Nepal bans import, sales of Priyagold biscuits after FSSAI action

Rediff.com4 days ago

Nepal has banned the import, sale, and distribution of Priyagold biscuits, citing them as sub-standard. This decision follows India's food regulator FSSAI initiating legal proceedings against the manufacturer, Surya Food and Agro Ltd, for using cattle feed bran and other serious violations, and suspending its licence.

Indian Bonds See Worst Losing Streak in 30 Years as Crude, US Yields Remain Elevated

Indian Bonds See Worst Losing Streak in 30 Years as Crude, US Yields Remain Elevated

Rediff.com2 hours ago

Indian government bond yields have recorded their worst losing streak in three decades, rising for the tenth consecutive week, driven by elevated crude oil prices and increasing global yields. The rupee also weakened, and India's foreign exchange reserves saw a significant decline.

RBI Governor's Clear Message To Tata Sons On Listing

RBI Governor's Clear Message To Tata Sons On Listing

Rediff.com6 hours ago

His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public.

Missing Girl's Body Discovered In Well In Ballia

Missing Girl's Body Discovered In Well In Ballia

Rediff.com7 days ago

A seven-year-old girl, Ananya, who went missing on Thursday afternoon from her home in Ballia, Uttar Pradesh, was found dead in a well near her residence on Friday morning. Police have registered a case against an unidentified person and are investigating the incident.

Soorma Clinches Gold, Singh Bags Silver In Para Games Discus

Soorma Clinches Gold, Singh Bags Silver In Para Games Discus

Rediff.com4 days ago

India's Pranav Soorma secured a gold medal with an Asian record in the men's discus throw combined F51/52/53 event at the Asian Para Games in Nagoya on Tuesday. Compatriot Ram Ratan Singh also earned a silver medal in the same event. The placings were determined using the Raza Point System, which accounts for different classifications among athletes.

Study Uncovers Widespread Citation Manipulation By Research Paper Mills

Study Uncovers Widespread Citation Manipulation By Research Paper Mills

Rediff.com7 days ago

A new study analysing over 33,000 cancer journal articles has uncovered widespread citation manipulation by "research paper mills". These fraudulent organisations artificially inflate citation counts, a key academic performance metric, for thousands of articles. The suspect papers show unusually high citations but low readership, distorting scientific evidence and potentially slowing progress.

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

Rediff.com4 days ago

Avenue Supermarts (DMart) reported lower-than-expected Q2FY27 performance, with revenue growth of 18.4 per cent year-on-year but visible margin pressure, leading to a 4.5 per cent stock drop. The company faces challenges from lower-margin sales, operating cost pressures, and aggressive store expansion, impacting profitability despite improved same-store sales growth.

Delhi HC to hear Neha Bora's plea against 'peace' bond tomorrow

Delhi HC to hear Neha Bora's plea against 'peace' bond tomorrow

Rediff.com3 days ago

All India Students' Association (AISA) President Neha Bora has challenged a Delhi Police notice requiring her to execute a 'peace' bond, arguing it is vague and an attempt to suppress peaceful dissent.

NPS Central: Manage Your Pension Without PRAN

NPS Central: Manage Your Pension Without PRAN

Rediff.com1 days ago

Subscribers do not need to remember their PRAN to log in through this process.

Woman can be charged with gang rape if...: Delhi HC

Woman can be charged with gang rape if...: Delhi HC

Rediff.com15 Oct 2026

The Delhi High Court has ruled that a woman can be charged with gang rape under Section 376D of the Indian Penal Code (IPC) and Section 70 of the Bharatiya Nyaya Sanhita (BNS), stating there is no basis to restrict the term 'persons' in the law to only men.

Punjab bowlers set up dominant Ranji Trophy victory

Punjab bowlers set up dominant Ranji Trophy victory

Rediff.com2 days ago

Punjab secured a dominant seven-wicket victory over Chhattisgarh in their Group B Ranji Trophy clash in Mullanpur. Led by three-wicket hauls from spinners Harjas Singh and Emanjot Singh Chahal, Punjab first posted a massive 456, then bowled out Chhattisgarh twice, enforcing a follow-on. Despite a spirited second innings resistance from Chhattisgarh, Punjab comfortably chased a modest target of 86 runs. The article also briefly mentions other Ranji Trophy matches.

RBI's MPC begins deliberations, 25 bps rate hike anticipated

RBI's MPC begins deliberations, 25 bps rate hike anticipated

Rediff.com5 Oct 2026

The Reserve Bank of India's Monetary Policy Committee (MPC) has commenced its three-day meeting, with a majority of economists and bankers anticipating a 25 basis point rate hike to counter escalating inflation risks, particularly from West Asia conflicts.

TCS Reports Strong Q2 Earnings: Net Profit Up 15% to Rs 13,884 Crore

TCS Reports Strong Q2 Earnings: Net Profit Up 15% to Rs 13,884 Crore

Rediff.com8 Oct 2026

Tata Consultancy Services (TCS) announced a 15 per cent increase in net profit, reaching Rs 13,884 crore for the September quarter, driven by an 11.22 per cent rise in revenue from operations.

Why Financial Freedom Needs A Purpose

Why Financial Freedom Needs A Purpose

Rediff.com1 days ago

Perhaps we spend too much time planning how to become financially free and too little asking what we want to be free for, notes Harsh Roongta.

Direct Tax Collection Jumps 13.21% to Rs 13.38 Lakh Crore by Mid-October

Direct Tax Collection Jumps 13.21% to Rs 13.38 Lakh Crore by Mid-October

Rediff.com15 Oct 2026

India's net direct tax collection witnessed a robust 13.21 per cent increase, reaching approximately Rs 13.38 lakh crore between April 1 and October 14, primarily fuelled by a strong performance in corporate tax mop-up.

AITA Organises Free All-Women Tennis Coaching Course In New Delhi

AITA Organises Free All-Women Tennis Coaching Course In New Delhi

Rediff.com5 days ago

The All India Tennis Association (AITA) is conducting a free, all-women coaching course in New Delhi from October 24 to 30. This initiative aims to create a structured pathway for women in tennis coaching, supported by MYAS, SAI, and DLTA, and has attracted 48 entries.

RBI raises India's FY27 GDP growth forecast to 7.1% amid global headwinds

RBI raises India's FY27 GDP growth forecast to 7.1% amid global headwinds

Rediff.com7 Oct 2026

The Reserve Bank of India (RBI) has increased its GDP growth forecast for the current fiscal year (FY27) by 40 basis points to 7.1 per cent, acknowledging the resilience of domestic economic activity despite global headwinds and geopolitical tensions.