News for 'BASIS'

How India's Digital Ecosystem Propelled UPI To Global Success

How India's Digital Ecosystem Propelled UPI To Global Success

Rediff.com6 hours ago

Arunachal Pradesh Chief Minister Pema Khandu highlighted that the success of UPI, which handles nearly half of the world's real-time digital transactions, stems from a collaborative ecosystem including financial inclusion, digital identity, and affordable internet. He attributed this digital payments revolution to the vision of PM Narendra Modi.

Govt mulls random drug tests for all pilots

Govt mulls random drug tests for all pilots

Rediff.com6 hours ago

The Civil Aviation Ministry and the DGCA are actively discussing to make psychoactive substance testing standards for all commercial pilots.

Home Flooded? Avoid These Insurance Claim Mistakes

Home Flooded? Avoid These Insurance Claim Mistakes

Rediff.com10 hours ago

Flood insurance claims can be rejected or reduced if homeowners do not understand what their policy actually covers.

SC prioritises probing sexual assault complaints in NEET protests

SC prioritises probing sexual assault complaints in NEET protests

Rediff.com1 days ago

The Supreme Court has directed its High-Powered Enquiry Committee to prioritise and immediately submit an interim report on complaints of sexual assault faced by women protesters during the July 20 NEET agitation at Jantar Mantar.

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Rediff.com3 days ago

Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com1 days ago

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

SC to set up special bench on OBC creamy-layer criteria

SC to set up special bench on OBC creamy-layer criteria

Rediff.com4 hours ago

The Supreme Court has agreed to constitute a special bench to address the Centre's plea regarding the applicability of its March 11 judgment on OBC creamy-layer criteria to candidates of the Civil Services Examination (CSE) 2025. The Department of Personnel and Training (DoPT) seeks to proceed with service allocation for 958 recommended candidates based on the creamy-layer determination applied before the verdict, citing potential unequal treatment and disruption to training schedules.

Arunachal BJP MP flags public concern over Chinese incursions

Arunachal BJP MP flags public concern over Chinese incursions

Rediff.com3 days ago

Arunachal Pradesh MP Tapir Gao underscores the critical importance of heeding local warnings regarding alleged Chinese incursions along the Line of Actual Control, amidst ongoing border tensions and official denials.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com1 days ago

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

How To Claim Unclaimed Bank Deposits

How To Claim Unclaimed Bank Deposits

Rediff.com4 days ago

A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.

Understanding The Impact Of New MDR On India's UPI Ecosystem

Understanding The Impact Of New MDR On India's UPI Ecosystem

Rediff.com6 hours ago

India's UPI system continues its rapid growth, dominating retail payments. Recent amendments to the Payment and Settlement Systems Act allow for targeted Merchant Discount Rates (MDR) on high-value merchant transactions, aiming to create a self-sustaining revenue model for the ecosystem while keeping P2P and low-value payments free. This move could generate significant revenue and encourage ecosystem participation.

Sports Ministry Firm On Asian Games Tennis Selection Criteria

Sports Ministry Firm On Asian Games Tennis Selection Criteria

Rediff.com3 hours ago

Five Indian tennis players were excluded from the Asian Games squad because they did not meet the Sports Ministry's stringent international ranking criteria, a decision that has drawn criticism from veteran players like Rohan Bopanna but is being upheld by authorities to maintain administrative integrity.

SAI defends Asian Games snub of five Indian tennis players

SAI defends Asian Games snub of five Indian tennis players

Rediff.com4 hours ago

SAI has defended the exclusion of five Indian tennis players from the Asian Games squad, saying they failed to meet the prescribed continental ranking criteria.

H1N1 Surge: Who Is Most Vulnerable?

H1N1 Surge: Who Is Most Vulnerable?

Rediff.com9 hours ago

Delhi is experiencing a significant surge in H1N1 (swine flu) cases, with over 1,777 infections reported this year, a six-fold increase from last year. Doctors highlight that children, the elderly, pregnant women, and those with chronic illnesses are most susceptible to severe infection. The rise has prompted increased inquiries about seasonal influenza vaccination, and medical experts are cautioning against self-medication and delayed consultation, urging early medical attention for severe symptoms.

LA28 Olympics: Over 6 Million Tickets Sold, Next Sale in 2027

LA28 Olympics: Over 6 Million Tickets Sold, Next Sale in 2027

Rediff.com4 days ago

Ticket sales for the 2028 Los Angeles Olympics have surpassed 6 million, with organizers planning the next public sale for 2027, featuring new sports like flag football and squash, and the return of cricket.

Footpaths for walking: SC asks states, UTs for update

Footpaths for walking: SC asks states, UTs for update

Rediff.com1 days ago

The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, directing all states and Union Territories to ensure proper, encroachment-free pedestrian spaces. The court emphasised that footpaths are integral to human life and safety, and states must respond to advisories issued by central ministries regarding their implementation.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com1 days ago

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

Titan's Jewellery Business Sparkles in Q1, Driving Robust Growth and Investor Confidence

Titan's Jewellery Business Sparkles in Q1, Driving Robust Growth and Investor Confidence

Rediff.com7 days ago

Titan Company reported a strong first-quarter performance for FY27, primarily driven by its jewellery segment, which saw a 30 per cent growth in sales. This robust Q1, coupled with expectations of continued outperformance, has led brokerages to raise earnings estimates and boosted the company's stock.

'If Earnings Growth Returns, Capital Can Flow Back To India'

'If Earnings Growth Returns, Capital Can Flow Back To India'

Rediff.com11 hours ago

'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Rediff.com3 hours ago

Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.

India's women's Hockey World Cup dream dashed after goalless draw with Australia

India's women's Hockey World Cup dream dashed after goalless draw with Australia

Rediff.com1 days ago

India's campaign in the FIH Women's World Cup concluded after a goalless draw against Australia in their final second-round match.

North Zone's Duleep Trophy selection sparks controversy, raises questions

North Zone's Duleep Trophy selection sparks controversy, raises questions

Rediff.com2 days ago

North Zone coaches Ajay Sharma and Sarandeep Singh are under scrutiny for controversially dropping Sanat Sangwan, the Ranji Trophy's third-highest run-scorer, for the Duleep Trophy quarter-final against West Zone, opting instead for Yash Dhull, who had a significantly poorer Ranji season.

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com3 days ago

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

DoT directs telcos to deny new SIMs to subscribers with nine or more connections

DoT directs telcos to deny new SIMs to subscribers with nine or more connections

Rediff.com6 days ago

The Department of Telecommunications (DoT) has instructed telecom operators to refuse new mobile connections to individuals who already possess nine or more SIM cards, effective from August 24, 2026.

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

Asian Games Tennis: India's Top Women's Singles Players Dropped from Squad

Asian Games Tennis: India's Top Women's Singles Players Dropped from Squad

Rediff.com2 days ago

India's top women's singles players, including Sahaja Yamalapalli, Vaishnavi Adkar, and Vaidehee Chaudhari, have been excluded from the Asian Games tennis squad after the Sports Ministry pruned the list, leaving the national challenge without its leading singles contenders.

India face uphill battle for Hockey World Cup semi-finals, need big win vs Argentina

India face uphill battle for Hockey World Cup semi-finals, need big win vs Argentina

Rediff.com2 days ago

India's chances of reaching the Hockey World Cup semi-finals are slim, requiring a significant victory against Argentina and favourable results from the Netherlands-England match. The team must overcome their finishing struggles and defensive concerns to keep their hopes alive.

EC unlawfully recognised Shinde faction: Sena-UBT tells SC

EC unlawfully recognised Shinde faction: Sena-UBT tells SC

Rediff.com11 Aug 2026

The Uddhav Thackeray faction has told the Supreme Court that the Election Commission's decision to recognise the Eknath Shinde-led unit as the "real Shiv Sena" and grant it the 'bow-and-arrow' symbol was unlawful. Senior advocate Kapil Sibal argued that a split in a legislature party cannot, by itself, amount to a split in the political party, challenging the very basis of the poll panel's jurisdiction and its disregard for the party's 2018 constitution.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com4 days ago

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com4 days ago

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Rediff.com6 days ago

The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.

Hope returns to Old Trafford as Carrick plots Manchester United's rise back to the top

Hope returns to Old Trafford as Carrick plots Manchester United's rise back to the top

Rediff.com5 days ago

Michael Carrick aims to build on Manchester United's revival, balancing renewed confidence, squad reinforcements and Champions League demands while pushing the club toward sustained success among England's Premier League elite.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com5 days ago

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Rediff.com1 Aug 2026

Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Rediff.com4 days ago

The Supreme Court, in a 6:3 majority verdict, has ruled that the expansive, labour-friendly definition of 'industry' from its 1978 Bangalore Water Supply and Sewerage Board judgement will not be used for interpreting the Industrial Relations Code of 2020. However, the 'triple test' from the 1978 verdict will still apply to pending cases under the now-repealed 1947 Industrial Disputes Act.

Who is 'real' Sena? Decide rebel MLAs' fate first, Uddhav camp tells SC

Who is 'real' Sena? Decide rebel MLAs' fate first, Uddhav camp tells SC

Rediff.com7 days ago

The Uddhav Thackeray-led faction of the Shiv Sena told the Supreme Court on Tuesday that the Election Commission's (EC) determination as to which group constitutes the political party should come after a decision on the disqualification proceedings against the MLAs, who have deserted their camp.

Got underworld threats over 'Kala Hiran', says filmmaker

Got underworld threats over 'Kala Hiran', says filmmaker

Rediff.com5 days ago

Filmmaker Amit Jani has approached the Supreme Court challenging the Delhi High Court's order to remove the teaser and promotional material for his film 'Kala Hiran: The Battle for Legacy', following a plea by Salman Khan alleging violation of his personality rights. Jani asserts the film does not feature Salman Khan or Lawrence Bishnoi and argues against judicial censorship.

ICE detains Indian-origin guitarist, green-card holder grandmother in US

ICE detains Indian-origin guitarist, green-card holder grandmother in US

Rediff.com7 days ago

Two Indian-origin individuals, Pritesh Walia, a jazz guitarist, and Venkata Vasamsetty, a green-card holder grandmother, have been detained by US Immigration and Customs Enforcement (ICE) in separate cases, highlighting the Trump administration's intensified deportation and enforcement drive.

Planning To Invest In A House? Check Rental Yield

Planning To Invest In A House? Check Rental Yield

Rediff.com5 days ago

Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.

Man assaults wife over menstruation during Andaman honeymoon; booked

Man assaults wife over menstruation during Andaman honeymoon; booked

Rediff.com16 Aug 2026

A woman in Gorakhpur has filed an FIR against her husband, mother-in-law, and sister-in-law, alleging domestic violence during their honeymoon in the Andaman and Nicobar Islands, triggered by her menstruation. She also accused her in-laws of dowry harassment, claiming they demanded branded articles and humiliated her over dowry. The woman was allegedly thrown out of her marital home 45 days after the wedding.