News for 'Balasubramanian'

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

Rediff.com2 Aug 2026

The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.

India Achieves Quantum Cooling Milestone

India Achieves Quantum Cooling Milestone

Rediff.com20 Jun 2026

This is one of the coldest temperatures achieved in a research facility in India with more than 80 per cent domestically sourced components.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com26 Mar 2026

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

Bengal polls: EC tightens grip with strategic transfers

Bengal polls: EC tightens grip with strategic transfers

Rediff.com18 Mar 2026

The Election Commission has intensified preparations for the West Bengal Assembly elections by reshuffling senior officers and deploying IAS and IPS officers in key poll management roles.

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.

Non-metro push by qcom, ecom players may lift gig hirings

Non-metro push by qcom, ecom players may lift gig hirings

Rediff.com9 Feb 2026

Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.

Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in Dec

Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in Dec

Rediff.com14 Jan 2026

Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

STT hike in F&O to deter speculative trading: FM

STT hike in F&O to deter speculative trading: FM

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative trading in derivatives, which led to a sharp decline in the stock market.

Positive biz outlook nudges banks to hire for sales growth

Positive biz outlook nudges banks to hire for sales growth

Rediff.com16 Jan 2026

Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.

Equity MF Inflows Dip As Redemptions Spike

Equity MF Inflows Dip As Redemptions Spike

Rediff.com10 Jan 2026

2025 marked a shift in investor preference when it comes to MF schemes.

AVM Studios' M Saravanan Passes Away

AVM Studios' M Saravanan Passes Away

Rediff.com4 Dec 2025

AVM Studios launched the careers of Rajinikanth and Kamal Haasan.

Women Power India's Retail Push

Women Power India's Retail Push

Rediff.com5 Jan 2026

'It's harder to attract women initially, but once they come in, retention is significantly higher.'

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

Amazon enters India's $15 bn diagnostics market with At-Home testing

Amazon enters India's $15 bn diagnostics market with At-Home testing

Rediff.com23 Jun 2025

Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and receive digital reports directly via the Amazon app. Initially available in six cities-Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad-the service covers more than 450 PIN codes and offers access to over 800 diagnostic tests.

Record equity inflows in July push mutual funds' AUM beyond Rs 75 trn

Record equity inflows in July push mutual funds' AUM beyond Rs 75 trn

Rediff.com12 Aug 2025

Net inflows into equity mutual fund (MF) schemes scaled a record high in July as the market correction and a raft of new fund offerings (NFOs) lifted lump-sum collections. Active equity schemes raked in a net Rs 42,702 crore in July, going past the previous high of Rs 41,156 crore in December 2024. Systematic investment plan (SIP) inflows continued to scale new highs, rising over 4 per cent month-on-month (M-o-M) to Rs 28,464 crore.

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

NTK functionary hacked to death in Madurai, 4 held

NTK functionary hacked to death in Madurai, 4 held

Rediff.com17 Jul 2024

A senior functionary of Naam Tamilar Katchi was hacked to death by an unidentified gang in Tamil Nadu's Madurai on Tuesday, and four persons were arrested in connection with the murder, police said.

Budget And ULIPs: Should You Invest?

Budget And ULIPs: Should You Invest?

Rediff.com3 Feb 2025

'The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy policies for saving tax.' 'The tax-saving value proposition for the sector reduces.'

Why You Need A Child Insurance Plan

Why You Need A Child Insurance Plan

Rediff.com14 Nov 2024

'They take care of the problem: How can I ensure my child's education and other goals are not compromised, even if I am not around?'

He Wants To Set Up Fuel Stations In Space!

He Wants To Set Up Fuel Stations In Space!

Rediff.com20 Feb 2025

'It is our duty to keep space sustainable and free of debris.'

Qcom industry may add 150,000 gig workers in 2025

Qcom industry may add 150,000 gig workers in 2025

Rediff.com21 Feb 2025

Quick commerce (qcom) industry is poised to lead gig workforce hiring in 2025, propelled by a surge in demand for faster deliveries, expansion by existing players, entry of new competitors, and evolving consumer preferences in the post-pandemic era, according to industry experts. The qcom industry currently employs nearly 260,000 people - around 200,000 delivery personnel and 60,000 dark store workers, according to TeamLease Staffing.

Festive Hires: 1 Million Gig Workers, 250,000 Contractual Workers

Festive Hires: 1 Million Gig Workers, 250,000 Contractual Workers

Rediff.com17 Aug 2024

Companies like Flipkart, Amazon and Meesho as well as quick commerce ones like Blinkit, Zepto and Swiggy Instamart may create hundreds of thousands of seasonal jobs for the coming festival season.

MF licence aspirant list swells with new wave of AMCs ready to roll

MF licence aspirant list swells with new wave of AMCs ready to roll

Rediff.com24 Oct 2024

India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.

Want To Invest In Silver? Read This

Want To Invest In Silver? Read This

Rediff.com5 Dec 2023

Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'

In process of crafting policy for women officers' career growth: Army to SC

In process of crafting policy for women officers' career growth: Army to SC

Rediff.com5 Dec 2023

The bench granted the Army time till March 31, 2024 for drawing up a policy pursuant to an earlier direction on the career progression of women officers, and listed their plea in the first week of April next year.

'Investors must look at a mix of asset classes before investing'

'Investors must look at a mix of asset classes before investing'

Rediff.com27 Jul 2023

'We are in a sweet spot.' 'Equity, on a standalone basis, will continue to remain the asset class to stay invested in.'

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

Rediff.com10 May 2024

The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million SIP accounts despite a spike in market volatility. The number of accounts opened last month was almost 50 per cent higher than the registrations seen in March. "India's MF industry has reached yet another milestone with the SIP book crossing above Rs 20,000 crore in April 2024.

Festive Season To Create 700K Gig Jobs

Festive Season To Create 700K Gig Jobs

Rediff.com17 Oct 2023

'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'

Light rains bring respite from scorching heat in North India

Light rains bring respite from scorching heat in North India

Rediff.com20 Apr 2023

The weather department has said that the skies are expected to be partly cloudy for the next few days in Delhi.

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Rediff.com14 Sep 2023

As the market buzzes with news of Cipla promoters exiting the business through a stake sale and Ahmedabad-based Mehta family-led Torrent Pharmaceuticals racing to acquire its rival, Cipla, an analysis reveals that if the deal were to go through, both companies might need to divest as many as 15 brands to comply with Competition Commission of India (CCI) norms. A recent analysis by Bernstein shows that Cipla and Torrent share a presence in 332 products (based on product and molecule data from market research firm IQVIA). Bernstein analysts Nithya Balasubramanian and Parth Shah noted that, while this may appear as a high number, a significant portion of these products lack significance.

'SIPs Will Be Best Way Forward'

'SIPs Will Be Best Way Forward'

Rediff.com24 Jan 2023

'A fair bit should be allocated towards fixed income.'

What experts say about interim Budget 2024

What experts say about interim Budget 2024

Rediff.com2 Feb 2024

Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

'You're The Closest To My Heart'

'You're The Closest To My Heart'

Rediff.com13 May 2023

Readers give us a dekko of what their mothers mean to them.

Army not being fair to women officers, remarks SC in case over delayed promotions

Army not being fair to women officers, remarks SC in case over delayed promotions

Rediff.com9 Dec 2022

The Supreme Court on Friday asked the Army to put its "house in order", saying that it feels that it has not been "fair" to the women officers who have alleged delay in promotions after being granted permanent commission on the directions of the top court in 2020.

LIC's knock-on effect: New business premium of insurers drops 12%

LIC's knock-on effect: New business premium of insurers drops 12%

Rediff.com21 Apr 2023

Contrary to expectations, the new business premium (NBP) of life insurance companies dropped 12.62 per cent year-on-year (YoY) in March 2023 due to an over 30 per cent drop in Life Insurance Corporation (LIC) of India's premiums, albeit on a high base. Data released by the Life Insurance Council shows the industry racked up NBP of Rs 52,081 crore in March 2023, compared with Rs 59,608.83 crore in the year-ago period. NBP is the premium acquired from new policies in a year. It is the sum of the first-year premium and single premium, reflecting the total premium received from new businesses.

Insurance companies yet to see fire sale of high-value life policies

Insurance companies yet to see fire sale of high-value life policies

Rediff.com8 Mar 2023

Many life insurance companies are yet to see a sharp spike in the sale of high-value policies as was widely expected in the aftermath of the government's decision to tax income from insurance policies having an aggregate premium above Rs 5 lakh in a year.