News for 'Bharat Financial Inclusion'

Full text: President Murmu's R-Day eve address to the nation

Full text: President Murmu's R-Day eve address to the nation

Rediff.com25 Jan 2025

'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'

'US Wants To Use India To Beat Up China'

'US Wants To Use India To Beat Up China'

Rediff.com10 Apr 2025

'Don't play the American game... India is too big for a US game.'

Bharat Jodo Yatra 2.0: Rahul to walk from Gujarat to Meghalaya

Bharat Jodo Yatra 2.0: Rahul to walk from Gujarat to Meghalaya

Rediff.com8 Aug 2023

Congress MP Rahul Gandhi will embark on a fresh padayatra (foot march) from Gujarat to Meghalaya and during that period leaders and workers of the party's Maharashtra unit would criss-cross the state, Maharashtra Pradesh Congress Committee president Nana Patole said on Tuesday.

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

Udaan, 'Bharat ka e-commerce' see huge surge in business

Udaan, 'Bharat ka e-commerce' see huge surge in business

Rediff.com31 Mar 2021

Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year.

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

Yamuna to pollution: Challenges await for new Delhi govt

Yamuna to pollution: Challenges await for new Delhi govt

Rediff.com20 Feb 2025

While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.

Vikram Akula is back where he belongs

Vikram Akula is back where he belongs

Rediff.com26 Sep 2017

In 2012, Akula quit as chairman of Bharat Financial Inclusion (formerly SKS Microfinance), which he'd founded and led to a successful initial public offering

Trent may replace Bajaj Finserv in Sensex rejig in December

Trent may replace Bajaj Finserv in Sensex rejig in December

Rediff.com24 Sep 2024

Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

Gates Foundation offers to help monitor Jan-Dhan Yojana

Gates Foundation offers to help monitor Jan-Dhan Yojana

Rediff.com19 Sep 2014

Bill & Melinda Gates Foundation (BMGF) has offered to help in monitoring of the progress made with regard to Pradhan Mantri Jan Dhan Yojana (PMJDY), the flagship financial inclusion scheme of the government.

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Rediff.com6 Jul 2024

The Nifty 50 index is poised for a revamp as the revised futures and options (F&O) stock selection criteria is seen paving the way for newly listed companies to join the benchmark index, which is tracked by passive funds with combined assets under management of more than ~3.5 trillion ($44 billion). For the first time in six years, the market regulator Securities and Exchange Board of India (Sebi) has tweaked the stock selection process for the derivatives segment that clocks a turnover of ~400 trillion daily.

Nifty holds 8,500 amid choppy trades; Broader markets outshine

Nifty holds 8,500 amid choppy trades; Broader markets outshine

Rediff.com22 Jul 2016

The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.

Want To Buy A Mercedes? A BMW? An Audi?

Want To Buy A Mercedes? A BMW? An Audi?

Rediff.com30 Sep 2024

From attractive EMIs to assured buyback guarantees, luxury carmakers have lined up a slew of offers to woo customers this festival season to address dwindling sales amid rising inventories.

Will RBI's new Guv usher a growth-propping rate cut in 2025?

Will RBI's new Guv usher a growth-propping rate cut in 2025?

Rediff.com22 Dec 2024

The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. Das, a career bureaucrat who in 2016 oversaw Prime Minister Narendra Modi's highly disruptive demonetisation move, left a lasting legacy as he demitted office towards the end of 2024 after expertly navigating monetary policy for six years, the highlight of which was steering India's recovery through the pandemic.

Card-less cash withdrawal to be enabled at all ATMs soon, says RBI

Card-less cash withdrawal to be enabled at all ATMs soon, says RBI

Rediff.com8 Apr 2022

In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs.

Free ration, healthcare: What BJP's manifesto promises

Free ration, healthcare: What BJP's manifesto promises

Rediff.com14 Apr 2024

Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.

G20: From Aadhaar to UPI, 'Digital India' on display

G20: From Aadhaar to UPI, 'Digital India' on display

Rediff.com8 Sep 2023

A number of exhibitions at the Bharat Mandapam, the convention centre which will host key G20 summit meetings, will showcase India's technological prowess and innovation, and offer a multitude of unique experiences to the visitors.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Rediff.com23 Jul 2024

The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

Want to play safe in 2017? Bet on banks

Want to play safe in 2017? Bet on banks

Rediff.com6 Jan 2017

Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins

How Indian banks will change by 2025

How Indian banks will change by 2025

Rediff.com24 Nov 2017

Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.

Why Did Shah-Nadda Meet Veep?

Why Did Shah-Nadda Meet Veep?

Rediff.com11 Jan 2023

What some of our leaders were up to on Monday and Tuesday.

India gets $1.75 bn World Bank loan for health, private investment

India gets $1.75 bn World Bank loan for health, private investment

Rediff.com1 Jul 2022

The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth. Of the total loan, $1 billion will go towards the health sector, while the rest $750 million will be in the form of development policy loan (DPL) to fill the financing gaps through private sector investment in the economy. The World Bank Board of Executive Directors approved two complementary loans of $500 million each to support and enhance India's health sector.

Atma Nirbhar Bharat is way to get growth back: PM Modi

Atma Nirbhar Bharat is way to get growth back: PM Modi

Rediff.com2 Jun 2020

Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.

Cong sees 'silent undercurrent' against BJP in west UP

Cong sees 'silent undercurrent' against BJP in west UP

Rediff.com19 Apr 2024

The Congress on Friday claimed that a 'silent undercurrent' is brewing across western Uttar Pradesh against the 'failures' of the Modi government, as it flagged issues such as 'neglect' of sugarcane farmers and examination paper leaks.

FPIs pulled out Rs 3,400 cr in just 3 trading sessions in Nov

FPIs pulled out Rs 3,400 cr in just 3 trading sessions in Nov

Rediff.com5 Nov 2023

Foreign Portfolio Investors' (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.

Airtel to lean on its 180 mn digital users to propel payments bank business

Airtel to lean on its 180 mn digital users to propel payments bank business

Rediff.com5 Nov 2021

Bharti Airtel aims to leverage its 180 million plus digital service customers and its wide presence in rural areas to grow its payment bank business. "We are well placed as we can leverage the 180 million plus customers we have across our digital assets. "We offer a plethora of services such as lucrative interest rates, gift cards, FASTag, telecom recharges, payments and debit cards. "Our large merchant base of more than eight million allows us to drive both engagement and monetisation.

Watch out for these stocks this monsoon

Watch out for these stocks this monsoon

Rediff.com28 Apr 2017

What stocks will gain from a normal monsoon?

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

WhatsApp bets big on payments biz in India, plans big investments

WhatsApp bets big on payments biz in India, plans big investments

Rediff.com15 Apr 2022

A day after getting permission to raise its Unified Payments Interface (UPI) user base to 100 million, WhatsApp on Thursday said it has plans to make significant investments in 'payments on WhatsApp' across India, including India-first features and driving adoption. The company, however, did not share details of its plans. The Meta-owned messaging app got its first greenlight for its payments service from the National Payments Council of India (NPCI) in November 2020 with a cap of 20 million users. A year later, in November 2021, the limit was raised to 40 million users.

Reliance Industries net profit jumps 27% in Q2

Reliance Industries net profit jumps 27% in Q2

Rediff.com27 Oct 2023

Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.

Modi adds many feathers in reforms cap in 2016, but more to go

Modi adds many feathers in reforms cap in 2016, but more to go

Rediff.com23 Dec 2016

Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM

Huge win for India as G20 adopts New Delhi declaration

Huge win for India as G20 adopts New Delhi declaration

Rediff.com9 Sep 2023

"Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration," Modi said while addressing the second session of the Summit at the Bharat Mandapam in New Delhi.

Sensex soars 500 points; Nifty at 11-month high

Sensex soars 500 points; Nifty at 11-month high

Rediff.com11 Jul 2016

Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.

Mentioning Ukraine at G20 opening, Modi calls for mending fences

Mentioning Ukraine at G20 opening, Modi calls for mending fences

Rediff.com9 Sep 2023

In his opening remarks at the G20 Leaders' Summit at the Bharat Mandapam in New Delhi, Modi said the 21st century is a time of giving new direction to the world.

Budget has brought back 'hope' into the economy: BJP

Budget has brought back 'hope' into the economy: BJP

Rediff.com10 Jul 2014

BJP on Thursday said while claiming the exercise had brought back "hope" into the economy by charting a roadmap for the country's economic resurgence.

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

Rediff.com15 Sep 2017

In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.