News for 'BASIS'

ICC approves pink ball trials and coach access in Test matches

ICC approves pink ball trials and coach access in Test matches

Rediff.com1 Jun 2026

The ICC has approved trialling the use of pink balls in Test matches to maximise play in bad light, along with allowing coaches on the field during drinks breaks. Cricket Canada has been suspended due to breaches of membership obligations.

Carrick to stay Manchester United head coach until 2028

Carrick to stay Manchester United head coach until 2028

Rediff.com22 May 2026

Initially appointed on an interim basis to replace Ruben Amorim, the former United midfielder, Michael Carrick has exceeded expectations and transformed the mood around Old Trafford, with the club's players backing him for the job.

Enforcement Directorate Raids Dawood Gang's Drug Trafficker's Assets

Enforcement Directorate Raids Dawood Gang's Drug Trafficker's Assets

Rediff.com2 Jun 2026

The Enforcement Directorate conducted raids across Maharashtra and Gujarat as part of a money laundering investigation against Mohammad Salim Dola, an alleged drug trafficker associated with the Dawood Ibrahim gang.

US makes U-turn on 'return to home country' order for green cards

US makes U-turn on 'return to home country' order for green cards

Rediff.com30 May 2026

The US Department of Homeland Security has clarified that not all immigrants seeking green cards will be required to return to their home country to make such applications, partially walking back a previous announcement.

SC releases draft regulations on use of AI in courts

SC releases draft regulations on use of AI in courts

Rediff.com4 Jun 2026

The draft regulations for use of AI in courts 'shall apply to the use, deployment, or integration of AI in any judicial, adjudicatory or administrative function of the Supreme Court of India, high courts, and all courts including the Tribunals and statutory Commissions performing adjudicatory functions, within the territory of India'.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

How Gujarat Police Cracked Down On Cyber Fraud

How Gujarat Police Cracked Down On Cyber Fraud

Rediff.com1 Jun 2026

Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Rediff.com21 May 2026

India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.

Smart Tips: How To Save LTCG, File ITR

Smart Tips: How To Save LTCG, File ITR

Rediff.com2 Jun 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

How RCB Built A Winning Team At The IPL Auction

How RCB Built A Winning Team At The IPL Auction

Rediff.com1 Jun 2026

Royal Challengers Bengaluru's director of cricket, Mo Bobat, discusses the importance of strategic team building at the IPL auction and the team's focus on skill and character in player selection.

Supreme Court Calls For Expedited Trial In Darshan Murder Case

Supreme Court Calls For Expedited Trial In Darshan Murder Case

Rediff.com15 May 2026

The Supreme Court has directed a Bengaluru court to expedite the hearing in the Renukaswamy murder case involving actor Darshan and others, expressing concern over the slow progress of the trial.

No plans to sell temple gold, clarifies govt

No plans to sell temple gold, clarifies govt

Rediff.com19 May 2026

The government has refuted rumours of a monetisation scheme for gold held by temple trusts and religious institutions, clarifying that such claims are false and misleading.

Man Held For Stealing Jewellery From Ranchi Wedding

Man Held For Stealing Jewellery From Ranchi Wedding

Rediff.com21 May 2026

Ranchi Police have arrested a 39-year-old man from Madhya Pradesh for allegedly stealing jewellery worth Rs 16 lakh from a wedding ceremony. The accused, who was not an invitee, was apprehended based on technical surveillance and CCTV footage analysis.

India U-20 To Face Uzbekistan In AFC Asian Cup Qualifiers

India U-20 To Face Uzbekistan In AFC Asian Cup Qualifiers

Rediff.com28 May 2026

The Indian Under-20 men's team has been drawn into Group B alongside Uzbekistan, Syria, and Bangladesh for the AFC U-20 Asian Cup China 2027 Qualifiers, scheduled to take place in Tashkent from August 25 to September 6.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Cyber Fraud Racket Busted; Three Arrested In Delhi

Cyber Fraud Racket Busted; Three Arrested In Delhi

Rediff.com9 May 2026

Delhi Police have arrested three individuals from Gujarat, Rajasthan, and Madhya Pradesh for allegedly providing mule bank accounts used to route over Rs 1.22 crore in proceeds from various cyber fraud schemes.

Criminal law can't target every in-law in marital disputes: SC

Criminal law can't target every in-law in marital disputes: SC

Rediff.com25 May 2026

The Supreme Court on Monday said criminal law cannot be permitted to be set in motion against every relative of the husband in a matrimonial dispute merely on the basis of omnibus allegations lacking a specific factual foundation.

Main Accused In Dewas Blast Arrested On Return From China

Main Accused In Dewas Blast Arrested On Return From China

Rediff.com21 May 2026

Police in Madhya Pradesh have arrested the main suspect in the Dewas firecracker factory blast that killed six workers. The accused was apprehended at Delhi airport upon his return from China.

IPL 2026: Arshdeep Singh Faces Ban Call For Alleged Racist Remark

IPL 2026: Arshdeep Singh Faces Ban Call For Alleged Racist Remark

Rediff.com16 May 2026

Retired spinner Laxman Sivaramakrishnan demands strict action against Arshdeep Singh for the Punjab Kings pacer's alleged racist remarks directed at Mumbai Indians batter Tilak Varma.

Why Bengal's Annapurna Yojana Form Requires Extensive Details

Why Bengal's Annapurna Yojana Form Requires Extensive Details

Rediff.com28 May 2026

West Bengal minister Agnimitra Paul defended the detailed application form for the Annapurna Yojana scheme, stating it ensures benefits reach only Indian citizens. She also announced stringent waste-related penalties and a 'Swachh App' to improve urban cleanliness.

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

Rediff.com29 May 2026

IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

WFI Appeals High Court Order On Vinesh Phogat's Asian Games Trial

WFI Appeals High Court Order On Vinesh Phogat's Asian Games Trial

Rediff.com28 May 2026

The Wrestling Federation of India (WFI) has appealed to the Supreme Court against a Delhi High Court order that permitted wrestler Vinesh Phogat to participate in the selection trials for the 2026 Asian Games.

Want To Exchange Gold? Read This First

Want To Exchange Gold? Read This First

Rediff.com1 Jun 2026

'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'

Man Held With Opium Worth Rs 15 Lakh In Jharkhand

Man Held With Opium Worth Rs 15 Lakh In Jharkhand

Rediff.com19 May 2026

A 28-year-old man was arrested with 2.9 kg of opium in Jharkhand's Chatra district. Police also seized 170 kg of poppy husk in a separate operation.

Better execution can push up HAL stock to higher altitude

Better execution can push up HAL stock to higher altitude

Rediff.com27 May 2026

Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

Odisha Couple Assault Case: More Arrests Made

Odisha Couple Assault Case: More Arrests Made

Rediff.com21 May 2026

Police in Odisha have made further arrests in connection with the assault on a couple in Berhampur, after a video of the attack went viral on social media.

Hamilton finally cracks Ferrari code in Canada

Hamilton finally cracks Ferrari code in Canada

Rediff.com25 May 2026

Lewis Hamilton celebrated his strongest performance yet in Ferrari red after finishing second at the Canadian Grand Prix on Sunday, crediting behind-the-scenes changes and a fresh approach to car setup for finally unlocking his potential with the Italian team.

Ghaziabad Madrassas Sealed After Teen Murder Case

Ghaziabad Madrassas Sealed After Teen Murder Case

Rediff.com2 Jun 2026

Authorities in Ghaziabad intensified verification drives and sealed three unrecognised madrassas in the Khoda area following the murder of a 17-year-old boy. The incident has led to heightened security measures and political reactions.

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Rediff.com3 May 2026

Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.

New ITR Rules Taxpayers Must Know About

New ITR Rules Taxpayers Must Know About

Rediff.com2 Jun 2026

"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."

Health Ministry: 42 Drug Samples Fail Quality Tests

Health Ministry: 42 Drug Samples Fail Quality Tests

Rediff.com21 May 2026

The central drugs laboratories found 42 drug samples manufactured by various firms to be "not of standard quality (NSQ)" in its monthly drug alert for April, Union health ministry officials said on Thursday. Further, the state drug testing laboratories have identified 127 drug samples as NSQ, they said.

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com20 May 2026

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

'Ideologically, D K Shivakumar Is Rather RSS-ish'

'Ideologically, D K Shivakumar Is Rather RSS-ish'

Rediff.com3 Jun 2026

'Shivakumar's relationship with the BJP and the RSS is not adversarial in the way Siddaramaiah's has been.' 'Siddaramaiah has publicly attacked the RSS on record; Shivakumar has made no such statement at any point.' 'He vociferously defended the Karnataka government's celebration of Ram temple consecration with RSS-ish arguments.'

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

Rediff.com29 May 2026

The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve durability, and reduce production costs, with a pilot project expected soon.