News for 'BASIS'

CJP founder says Sonam Wangchuk was forcibly dragged away, cops cite HC order

CJP founder says Sonam Wangchuk was forcibly dragged away, cops cite HC order

Rediff.com18 Jul 2026

Climate activist Sonam Wangchuk has been shifted to a hospital from Jantar Mantar after a 20-day hunger strike, with Delhi Police stating the move was in compliance with High Court directions and medical advice due to his deteriorating health. Protesters, however, alleged he was forcibly removed against his will.

If India Becomes A Doormat, The US Will Tread On It

If India Becomes A Doormat, The US Will Tread On It

Rediff.com3 days ago

The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

HC appoints special officer to manage TMC's frozen bank accounts

HC appoints special officer to manage TMC's frozen bank accounts

Rediff.com9 Jul 2026

The Calcutta High Court has appointed a retired judge as a special officer to manage the day-to-day expenses of the Mamata Banerjee-aligned Trinamool Congress (TMC) from three debit-frozen bank accounts. The accounts were frozen following a complaint by a rival TMC faction alleging they held proceeds of crime. The court allowed transactions for party expenses and legal costs, noting that the initial freezing lacked specific material basis and that the complainant had previously benefited from these accounts.

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com15 Jul 2026

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

India backs 14 nations' reminder to China over South China Sea claims

India backs 14 nations' reminder to China over South China Sea claims

Rediff.com14 Jul 2026

India has reiterated its support for freedom of navigation and unimpeded commerce in the South China Sea, backing a 2016 international arbitral tribunal ruling that rejected China's extensive territorial claims. This stance aligns with a recent joint statement by the US, UK, and other nations, emphasising peaceful resolution of maritime disputes under UNCLOS.

RBI caps holding period for immovable assets at 7 years, bars sale to borrowers

RBI caps holding period for immovable assets at 7 years, bars sale to borrowers

Rediff.com17 Jul 2026

The Reserve Bank of India (RBI) has mandated that banks must dispose of immovable assets acquired against bad loans within seven years through public auction, effective October 1, 2026, and has also barred their sale back to the original borrower or related parties.

Ram temple theft: 'Important documents' found in accused's house

Ram temple theft: 'Important documents' found in accused's house

Rediff.com15 Jul 2026

The police sealed the room in the rented house of the accused. The police have taken the DVR of the CCTV camera installed at Mishra's rented house into their custody, official sources said.

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Rediff.com10 Jul 2026

Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.

Nykaa's next glow-up lies in margin gains

Nykaa's next glow-up lies in margin gains

Rediff.com16 Jul 2026

FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com5 days ago

'I don't see fear becoming a dominant factor for retail investors.'

Why JPC Deferred Constitution Amendment Bill Report

Why JPC Deferred Constitution Amendment Bill Report

Rediff.com18 Jul 2026

The dramatic postponement came while members were voting on the committee's five principal recommendations, making it an unprecedented moment in the functioning of a parliamentary committee.

BJP slaps Rs 100 cr defamation notice on Omar Abdullah

BJP slaps Rs 100 cr defamation notice on Omar Abdullah

Rediff.com13 Jul 2026

The Jammu and Kashmir unit of the BJP has served a legal notice to Chief Minister Omar Abdullah, demanding a retraction and public apology for his allegations that the BJP attempted to bribe National Conference legislators to destabilise his government. The BJP has called the claims "false, baseless and defamatory" and warned of civil and criminal proceedings, including a Rs 100 crore defamation suit, if their demands are not met within seven days.

Why Paytm's First Bonus Issue Signals Strong Financial Health

Why Paytm's First Bonus Issue Signals Strong Financial Health

Rediff.com16 Jul 2026

One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.

Ram Temple Theft Hurt Devotees But...: Yogi

Ram Temple Theft Hurt Devotees But...: Yogi

Rediff.com15 Jul 2026

'The Ayodhya incident has certainly hurt the faith of all of us, of Ram devotees like us.'

DSA Leadership Crisis Deepens As Ad Hoc Committee Formed

DSA Leadership Crisis Deepens As Ad Hoc Committee Formed

Rediff.com14 Jul 2026

A factional feud has erupted within the Delhi Soccer Association (DSA), leading to the formation of a three-member ad hoc committee by a majority of its members. This committee aims to manage daily affairs and hold elections on August 30, bypassing current president Anuj Gupta, who has labelled the move "illegal" and plans legal action.

Special Olympics Bharat Football Team Aims For Third Consecutive Gothia Cup Title

Special Olympics Bharat Football Team Aims For Third Consecutive Gothia Cup Title

Rediff.com10 Jul 2026

India's Special Olympics Bharat football team is heading to Sweden to compete in the Gothia Cup 2026, aiming for their third consecutive title in the Special Olympics Trophy. The team, comprising players with intellectual disabilities, received a send-off from Sweden's ambassador, highlighting their role as national ambassadors. Their coach detailed the unique training methods involving actions and sign language.

Midcap, Smallcap Indices Scale Record Highs

Midcap, Smallcap Indices Scale Record Highs

Rediff.com14 Jul 2026

'Midcaps and smallcaps are the 'go-to segments' for retail investors.'

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

Bhaichung Bhutia: Messi needs another World Cup to match Maradona's legacy

Bhaichung Bhutia: Messi needs another World Cup to match Maradona's legacy

Rediff.com17 Jul 2026

Former India captain Bhaichung Bhutia believes Lionel Messi needs to win the 2026 World Cup to truly equal Diego Maradona's legendary status, despite Messi's 2022 triumph. Bhutia rates Maradona higher due to his single-handed 1986 World Cup victory, while also tipping Spain as slight favourites over Argentina in the upcoming final.

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Rediff.com16 Jul 2026

IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.

Why FIFA's New VAR Protocol Is Under Fire After Argentina's World Cup Run

Why FIFA's New VAR Protocol Is Under Fire After Argentina's World Cup Run

Rediff.com14 Jul 2026

A former FIFA referee has questioned the new VAR protocol after fresh controversy involving Argentina, warning that fan confidence in World Cup officiating has been "completely eroded."

Congress to oppose all bills, including on delimitation in monsoon session

Congress to oppose all bills, including on delimitation in monsoon session

Rediff.com16 Jul 2026

The Congress party is set to challenge the Modi government on a range of critical issues, including alleged theft of Ram temple donations, 'systemic corrosion' of the education system, and constitutional amendment bills related to delimitation and dismissal of ministers, during the upcoming Monsoon Session of Parliament.

El Nino effect severely impacts India's hydropower generation, pushing up power demand and coal reliance

El Nino effect severely impacts India's hydropower generation, pushing up power demand and coal reliance

Rediff.com15 Jul 2026

India's hydropower generation has been significantly constrained in July due to the El Nio effect, which has weakened the southwest monsoon and reduced reservoir levels. This decline, following a 21 per cent year-on-year drop in June 2026, is forcing greater reliance on coal generation and straining grid flexibility amidst rising power demand.

Why India's Historic Lord's Win Demands More Women's Test Cricket

Why India's Historic Lord's Win Demands More Women's Test Cricket

Rediff.com14 Jul 2026

Former India captain Shantha Rangaswamy advocates for the expansion of red-ball cricket in the women's game, citing India's emphatic 270-run victory over England at Lord's. She urges the BCCI to revive longer-format domestic competitions across all age groups, emphasizing that Test cricket is crucial for developing technically sound players.

'Paani Waali Train': 'This Is The Future Of Railway Mobility'

'Paani Waali Train': 'This Is The Future Of Railway Mobility'

Rediff.com18 Jul 2026

India has launched its first hydrogen-powered train, the 'Namo Green Rail', from Jind, Haryana, marking a significant step towards sustainable railway mobility. The 10-coach train, which emits only water vapour, is currently operating on the Jind-Sonipat route and represents a major technological advancement for the country's transport sector.

TN govt moves SC over reservation for converts to Islam

TN govt moves SC over reservation for converts to Islam

Rediff.com8 Jul 2026

The Tamil Nadu government has appealed to the Supreme Court against a Madras High Court judgment. The High Court ruled that individuals converting to Islam cannot claim reservation under the Backward Class (Muslim) category solely based on conversion, striking down a state Government Order that allowed such benefits.

Law platform challenges Delhi HC's 'right to be forgotten' order

Law platform challenges Delhi HC's 'right to be forgotten' order

Rediff.com14 Jul 2026

Legal database platform India Kanoon has approached the Delhi High Court, challenging a single-judge order that recognised an individual's 'right to be forgotten' and directed the platform to de-index and disable 'name-based search functionality' for certain judicial orders.

NIA conducts nationwide raids to bust ISIS-backed plot; 12 held

NIA conducts nationwide raids to bust ISIS-backed plot; 12 held

Rediff.com8 Jul 2026

The National Investigation Agency (NIA) conducted nationwide searches across 10 states and one Union Territory, targeting an online terror radicalisation conspiracy linked to ISIS and AQIS. The operation, which led to the seizure of digital devices, is part of an ongoing investigation into a plot to establish an Islamic state in India through violent jihad. So far, 11 individuals and one juvenile have been arrested in connection with the case.

Ahmedabad blasts: Why HC upheld death sentence for 38 IM terrorists

Ahmedabad blasts: Why HC upheld death sentence for 38 IM terrorists

Rediff.com14 Jul 2026

A division bench of justices AY Kogje and Samir Dave, in its July 7 judgment cited the "humongous" conspiracy, the intention to spread widespread terror and the large number of casualties as key reasons for affirming the punishment.

Bombay HC upholds right to protest, quashes externment order

Bombay HC upholds right to protest, quashes externment order

Rediff.com3 Jul 2026

The Bombay High Court has quashed a year-long externment order against a political leader, ruling that involvement in agitations and protests against the government cannot be the sole basis for such orders. Justice Madhav Jamdar stated that externment for opposing government decisions affects fundamental rights, including freedom of speech and expression.

Toddler run over by SDO's SUV in Patna; driver dies by suicide

Toddler run over by SDO's SUV in Patna; driver dies by suicide

Rediff.com10 Jul 2026

A man driving a sub-divisional officer's car allegedly ran over a two-and-a-half-year-old child in Patna's posh DPS Colony and was later found hanging in a room near the incident site, the police said.

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Rediff.com11 Jul 2026

Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.

Why Cashless Claims Get Denied

Why Cashless Claims Get Denied

Rediff.com15 Jul 2026

If reimbursement becomes unavoidable, submit a complete file at the earliest.

Should You Buy 30-Year Government Bonds?

Should You Buy 30-Year Government Bonds?

Rediff.com14 Jul 2026

Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.

SC orders interim space for Friday namaaz at disputed Bhojshala site

SC orders interim space for Friday namaaz at disputed Bhojshala site

Rediff.com14 Jul 2026

The Supreme Court has directed that a separate open space be provided adjacent to the disputed Bhojshala site in Madhya Pradesh's Dhar for offering namaz on Fridays, pending the final resolution of the case. The court emphasised the sensitive nature of the matter and urged both Hindu and Muslim sides to exercise patience.

Ram Temple theft: Police trace accuseds' money trail to land deals, new homes

Ram Temple theft: Police trace accuseds' money trail to land deals, new homes

Rediff.com11 Jul 2026

The police investigating the "embezzlement" of donations at the Ram temple in Ayodhya have scrutinised the bank accounts of relatives of the eight arrested accused as they seek to establish the money trail behind the alleged diversion of funds, sources said on Friday.

Meerut SSP defends police action amid protests over SC student's death

Meerut SSP defends police action amid protests over SC student's death

Rediff.com10 Jul 2026

Meerut SSP Avinash Pandey has defended the police's handling of a Scheduled Caste college student's death, asserting that all actions were evidence-based. He warned against disturbing law and order and appealed for peace, even as an alleged threat call to his PRO surfaced and police arrested several protesters involved in a recent demonstration.

Property Sales Fall, Discounts In Focus

Property Sales Fall, Discounts In Focus

Rediff.com13 Jul 2026

Avoid builders with very large commitments.

Anxiety Grows Over SIR Verification

Anxiety Grows Over SIR Verification

Rediff.com15 Jul 2026

The population is gripped by anxiety against arbitrariness and the cruelty of a state that sells its actions as minimum government, asserts Aakar Patel.