News for 'BASIS'

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.

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Rediff.com22 Jun 2026

Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.

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.

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Rediff.com1 Jul 2026

Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.

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.

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.

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.

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.

'Entire truth...': Champat Rai breaks silence on Ram temple donation

'Entire truth...': Champat Rai breaks silence on Ram temple donation

Rediff.com7 Jul 2026

Former Ram temple trust chief Champat Rai has stated he will address all allegations of donation embezzlement against him only after the Special Investigation Team (SIT) submits its final report. Rai, who observed 'maun dharan' (silence) on the matter, highlighted that the SIT's preliminary report has already been made public. The trust has appointed an interim general secretary and acknowledged the theft from donation boxes, while also appreciating Rai's contributions.

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.

Crucial Ram temple trust meeting today amid donation row

Crucial Ram temple trust meeting today amid donation row

Rediff.com6 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to hold a critical meeting in Ayodhya to address the ongoing probe into alleged donation theft and the resignations of its general secretary and a trustee. The meeting will review the SIT report and discuss potential appointments.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

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

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.

Indian Railways Allows Bulky Sports Gear On Trains

Indian Railways Allows Bulky Sports Gear On Trains

Rediff.com25 Jun 2026

The Indian Railway Ministry has issued a new circular allowing sportspersons to carry oversized and bulky sports equipment, such as javelins, on trains. This relaxation, however, excludes pole-vault poles due to technical feasibility. The equipment can be transported in designated luggage spaces on a priority basis, subject to freight charges, and existing weight limits will not apply.

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

'People Want To Kill Me'

'People Want To Kill Me'

Rediff.com9 Jul 2026

'My wife was disturbed. She didn't know how to sleep next to me. It was traumatising.' 'I remember having a frankie at a roadside stall, and a lady came to me and shouted, 'Oh my God!'' 'I said, 'No, no, no... I'm just an actor'.

'Red cards are not overturned by political phone calls'

'Red cards are not overturned by political phone calls'

Rediff.com6 Jul 2026

Thierry Henry, including the UEFA, Belgium and several football figures questioned FIFA's late decision to suspend USA's Folarin Balogun's World Cup ban.

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.

NBFC access to term money market may lift volumes by 40-60%

NBFC access to term money market may lift volumes by 40-60%

Rediff.com2 Jul 2026

The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.

'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.

Google challenges Delhi HC ruling on keyword bidding

Google challenges Delhi HC ruling on keyword bidding

Rediff.com10 Jul 2026

Google has challenged a Delhi High Court single-judge bench ruling that held it liable for trademark infringement by allowing competitors to bid on and use the 'Hindware' trademark as keywords in its Google Ads programme. Google argues that keyword bidding promotes competition and is a globally accepted norm, citing previous rulings that allowed the practice. The tech giant contends that the Trade Marks Act does not distinguish between coined and generic words for such infringements.

Property Sales Fall, Discounts In Focus

Property Sales Fall, Discounts In Focus

Rediff.com13 Jul 2026

Avoid builders with very large commitments.

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.

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.

Now rebel TMC camp approaches EC, stakes claim over party

Now rebel TMC camp approaches EC, stakes claim over party

Rediff.com2 Jul 2026

A rebel faction of the Trinamool Congress, led by Ritabrata Banerjee, has formally staked claim to the party's name and symbol before the Election Commission, alleging widespread support and opposing the current leadership's "dynastic politics." The main TMC leadership has strongly criticised the Election Commission for granting an audience to expelled members, accusing the BJP of influencing the poll body.

International gains revive appetite for global MFs

International gains revive appetite for global MFs

Rediff.com8 Jul 2026

International mutual fund schemes have seen a significant resurgence in investor interest, attracting approximately Rs 7,600 crore in net inflows over the past year, a stark reversal from previous outflows, driven by their strong outperformance against domestic markets and limited AI-linked investment opportunities in India.

Pati Patni Aur Woh Do Arrives On OTT This July

Pati Patni Aur Woh Do Arrives On OTT This July

Rediff.com6 Jul 2026

It's a rainy July, and the best way to enjoy it is to curl up on your couch and watch the telly.

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.

SC to hear appeals challenging verdict declaring Bhojshala as Saraswati temple

SC to hear appeals challenging verdict declaring Bhojshala as Saraswati temple

Rediff.com13 Jul 2026

The Supreme Court has agreed to hear appeals challenging the Madhya Pradesh High Court's decision to designate the Bhojshala complex as a Goddess Saraswati temple, a ruling that also quashed Muslim prayer rights at the historic site.

'Investors Should Prepare For Frequent Market Swings'

'Investors Should Prepare For Frequent Market Swings'

Rediff.com13 Jul 2026

'Rather than deploying all their money at once, investors should invest gradually.' 'A staggered approach is the better strategy because volatility is likely to persist.'

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com25 Jun 2026

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

Rediff.com9 Jul 2026

The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.

Are You A Freelancer? Here's An ITR Guide

Are You A Freelancer? Here's An ITR Guide

Rediff.com13 Jul 2026

Tax treatment depends on the activity and manner of earning income.

India initiates anti-dumping investigations against three Chinese products

India initiates anti-dumping investigations against three Chinese products

Rediff.com25 Jun 2026

India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.

Bengal rape-murder case: Police examine shack as possible crime scene

Bengal rape-murder case: Police examine shack as possible crime scene

Rediff.com7 Jul 2026

Investigators probing the alleged rape and murder of an 11-year-old girl in Baruipur, West Bengal, suspect one of the accused took the victim to a shack where two others were present before the crime, with the three allegedly consuming intoxicants prior to the assault.

FC Barcelona acquire Egyptian forward Hamza Abdelkarim on three-year deal

FC Barcelona acquire Egyptian forward Hamza Abdelkarim on three-year deal

Rediff.com23 Jun 2026

FC Barcelona have signed Egypt forward Hamza Abdelkarim on a three-year deal, the LaLiga club said in a statement on Tuesday.

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com14 Jul 2026

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

Smallcap Funds Surge; Experts Urge Discipline

Smallcap Funds Surge; Experts Urge Discipline

Rediff.com8 Jul 2026

Smallcap funds give investors access to businesses that can grow much faster than the broader economy.

How to Finish CAT 2026 Syllabus By August

How to Finish CAT 2026 Syllabus By August

Rediff.com10 Jul 2026

As a part of Rediff's CAT 2026-prep series, MBA expert Patrick D'souza explains how you can maximise your preparation and complete your syllabus by August 2026.