The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.
The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.
TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.
The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.
'She was not a yes person. She would tell the truth and her feelings to Indira Gandhi, and Indira Gandhi would value her opinion. The same was the case with Rajiv Gandhi who would value her opinion.'
India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.
Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.
A CAG report has revealed significant deficiencies in the management and security of prisons in Odisha, including shortages of staff, infrastructure, and equipment, raising concerns about the safety and welfare of inmates and the public.
The Indian rupee depreciated significantly against the US dollar, reaching a new all-time low due to rising oil prices, a strong dollar, and ongoing geopolitical concerns. Domestic equity market declines and foreign investment outflows further contributed to the rupee's weakness.
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
The Allahabad High Court has ruled that interfaith live-in relationships are legal and protected under the Constitution, granting protection to a couple facing threats from the woman's family.
IDF chief stressed the urgent need for legislative measures, including a conscription law, a reserve duty law, and an extension of mandatory military service.
Election officials in Tamil Nadu have seized cash, liquor, drugs, and other goods valued at 178.78 crore as part of efforts to curb illegal inducements during the election period.
Election officials in Tamil Nadu have seized cash, liquor, drugs, and other goods valued at 178.78 crore as part of efforts to curb illegal inducements during the election period.
Odisha Police have arrested a man from West Bengal for his alleged involvement in an online investment fraud case involving Rs 12.33 crore.
The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The Gauhati High Court has established a fast-track court to expedite the trial proceedings in the Zubeen Garg death case, following the singer's death in Singapore. The court will be headed by Sharmila Bhuyan, and the decision aims to ensure timely justice.
The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.
Uttar Pradesh Chief Minister Yogi Adityanath has directed officials to promptly address public grievances, including farmer harassment, land encroachments, and infrastructure issues, during a 'Janta Darshan' event.
18 Indian-flagged vessels with 485 Indian seafarers still remain in the western Persian Gulf region
The UN Security Council will vote on a Bahrain-proposed resolution regarding the Strait of Hormuz, aiming to ensure freedom of navigation amid concerns and opposition from some members.
CPI(M) general secretary M A Baby has denied any alliance or discussions with the SDPI for the upcoming Kerala Assembly elections, refuting allegations made by the UDF.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions
CPI(M) general secretary M A Baby has denied any alliance or discussions with the SDPI for the upcoming Kerala Assembly elections, refuting allegations made by the UDF.
Suzuki Motorcycle India Ltd (SMIPL) has revised its domestic two-wheeler sales growth estimate for FY27 downwards from 7-8 per cent, citing rising commodity costs due to the ongoing West Asia conflict and its impact on consumer affordability.
A 22-year-old man in Kushinagar, Uttar Pradesh, has been sentenced to death for the rape and murder of a minor in a swift trial under the POCSO Act.
A Delhi court acquitted a man accused of attempted murder due to the prosecution's failure to establish his identity as the assailant beyond a reasonable doubt.
Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.
Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.
Piyush Goyal on Friday rejected reports suggesting that India is planning to hold off trade deal with the United States for several months.
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
A veterinarian at the Tavarekoppa Lion and Safari Zoo in Shivamogga, India, died after being attacked by a hippopotamus while providing medical care.
Robin Liu steps down as India CEO of OnePlus. The company shares key updates on its India operations and future strategy. Here's what it means for the brand and market.
A special PMLA court in Ahmedabad rejected the bail plea of IAS officer Rajendrakumar Patel, arrested by the Enforcement Directorate in a bribery-linked money laundering case. The court cited evidence suggesting Patel's involvement in money laundering and the receipt of substantial bribe money.
The Supreme Court of India has expressed concern over the continued prevalence of domestic abuse and crimes against women, highlighting that these issues are symptomatic of a deeper societal problem rooted in patriarchy, despite economic and legal advancements.
A Delhi court has acquitted a health club owner of sexual harassment charges, citing vague allegations, inconsistencies in the complainant's testimony, and a flawed police investigation.
The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.
'Portfolios built in these phases often deliver the strongest outcomes over time.'
Despite Iran allowing 'non-hostile vessels' through the Strait of Hormuz, marine insurance premiums are expected to remain elevated due to persistent high-risk classifications and ongoing geopolitical tensions, with experts cautioning that the threat of attacks and collateral damage still exists.
