News for 'Business Line'

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

Rediff.com28 Jul 2026

Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.

Ather Bets Big On Konarc, Supply Crunch To Continue

Ather Bets Big On Konarc, Supply Crunch To Continue

Rediff.com1 Sep 2026

With Konarc, the company has moved deeper into the mass-market e2W segment.

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Rediff.com31 Aug 2026

Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.

Cong issues three-day LS, RS whip to its MPs ahead of FCRA Bill debate

Cong issues three-day LS, RS whip to its MPs ahead of FCRA Bill debate

Rediff.com7 Aug 2026

The Congress party has issued a whip to its MPs in both the Rajya Sabha and Lok Sabha, mandating their presence from August 10-12 for discussions on "very important" issues. This directive comes amidst reports of potential debates on the Foreign Contribution (Regulation) Amendment Bill, 2026, and a Constitution Amendment Bill concerning delimitation, though the government's official business list did not explicitly mention these.

What Went Wrong For India At The Hockey World Cup

What Went Wrong For India At The Hockey World Cup

Rediff.com25 Aug 2026

India's Hockey World Cup campaign ended in disappointment after a 5-3 defeat to Argentina, highlighting persistent defensive issues and a struggle to perform against top-ranked teams. The team's problems, including conceding early goals and a lack of intensity, had been building throughout the year.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

Govinda Warns Wife Sunita: 'Stay Within Your Limits'

Govinda Warns Wife Sunita: 'Stay Within Your Limits'

Rediff.com17 Aug 2026

Govinda has strongly reacted to his wife Sunita Ahuja's recent comments regarding his public appearances with Roopa co-star Komal Rani Swarnkar, accusing her of attempting to damage his reputation and sabotage his film comeback.

Why Are Thousands of GST Appeals Pending?

Why Are Thousands of GST Appeals Pending?

Rediff.com24 Aug 2026

GSTAT has crossed 75,000 filings but disposed of only 83 cases, highlighting the huge backlog facing India's new GST appeals tribunal.

The Secret Tukaram Mundhe Won't Reveal

The Secret Tukaram Mundhe Won't Reveal

Rediff.com28 Aug 2026

Whether it's a five-star banquet hall, a school lunch supplier, a blood bank, or a Bollywood actors' surrogate advertisements, Tukaram Mundhe seems to have an opinion, a bye-law, and very possibly an inspection team on standby.

Three goals in 17 minutes sink FC Goa in AFC Champions League Two clash

Three goals in 17 minutes sink FC Goa in AFC Champions League Two clash

Rediff.com12 Aug 2026

FC Goa's AFC Champions League Two campaign concluded with a 0-3 loss to Turkmenistan's FC Arkadag, relegating the Indian club to the AFC Challenge League, the third tier of Asian club football.

Delhi's Nepali workers anxiously await news of loved ones

Delhi's Nepali workers anxiously await news of loved ones

Rediff.com26 Aug 2026

As devastating flash floods swept through parts of Nepal, triggered by torrential rains and a surge in the Bhote Koshi River, Nepali residents and workers in Delhi spent Wednesday anxiously trying to reach family and friends back home, with reports of deaths and hundreds missing causing widespread worry.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com18 Aug 2026

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

Hockey World Cup: Coach Fulton highlights defensive woes after England defeat

Hockey World Cup: Coach Fulton highlights defensive woes after England defeat

Rediff.com17 Aug 2026

India's men's hockey team suffered a 4-2 defeat against England in their second Hockey World Cup pool match, with head coach Craig Fulton and player Manpreet Singh attributing the loss to defensive lapses, particularly in the third quarter. The team now faces a crucial match against arch-rivals Pakistan, needing to improve their defensive discipline and penalty corner conversion.

Will Khalifa 2: The Legacy Be Made? Because...

Will Khalifa 2: The Legacy Be Made? Because...

Rediff.com24 Aug 2026

If Khalifa: The Ruler continues to bleed at the box office, the odds of a big-budget sequel materialising drop to practically zero. The harsh reality of franchise filmmaking is incredibly simple: If the 'ruler' fails to conquer, absolutely no one is going to care about the 'legacy', no matter how many superstars you cram onto a poster.

Toxic Review: All Yash, No Glory

Toxic Review: All Yash, No Glory

Rediff.com26 Aug 2026

Purely relying on Yash's aura to the point of draining him dry, Toxic doesn't have an smidgen of storytelling in its body rolling in sex, shock and sounds of bullets fired at anyone and everyone.

Who Derailed Tarique Rahman's India Visit?

Who Derailed Tarique Rahman's India Visit?

Rediff.com25 Aug 2026

Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.

'Ethanol Blending Has Not Led to Sugar's Price Rise'

'Ethanol Blending Has Not Led to Sugar's Price Rise'

Rediff.com1 Sep 2026

'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'

Applying For US Student Visa? Avoid These 9 Mistakes

Applying For US Student Visa? Avoid These 9 Mistakes

Rediff.com17 Aug 2026

When you apply for a US visa, you need to be clear and honest about why you chose this course or country and what you plan to do with the qualification afterwards -- whether you will be returning home or building a career abroad, says Sonal Kapoor, global chief business officer, Prodigy Finance.

'We Travelled Peacefully By Road From Imphal To Guwahati'

'We Travelled Peacefully By Road From Imphal To Guwahati'

Rediff.com24 Aug 2026

'People have been facing significant difficulties due to skyrocketing airfares, and road transportation was inaccessible until now.'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

Will Kuldeep Make Way For Saransh Jain For Second Test Vs Sri Lanka?

Will Kuldeep Make Way For Saransh Jain For Second Test Vs Sri Lanka?

Rediff.com21 Aug 2026

With Kuldeep Yadav looking ineffective, India could look towards including off-spinner Saransh Jain in the playing XI in the second Test in Colombo, especially looking at three left-handers in the Sri Lankan top seven.

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

Rediff.com23 Jul 2026

State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.

Jio Platforms' IPO key driver for RIL stock

Jio Platforms' IPO key driver for RIL stock

Rediff.com27 Jul 2026

Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Rediff.com12 Aug 2026

N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

India Women squander lead, split points with China in hockey World Cup opener

India Women squander lead, split points with China in hockey World Cup opener

Rediff.com16 Aug 2026

India played an impressive opening match at the Women's Hockey World Cup, securing a 2-2 draw against Olympic silver medallists China, with goals from Navneet Kaur and Deepika.

We may apply for universal banking licence within a year

"We may apply for universal banking licence within a year"

Rediff.com13 Aug 2026

Equitas Small Finance Bank (SFB) Managing Director and CEO P N Vasudevan stated, "We may end up applying within a year" for a universal banking licence, while also targeting a nearly threefold increase in advances to Rs 1.2 trillion over the next five years.

Test cricket is my ultimate goal, so I model my game around red ball: Devdutt Padikkal

Test cricket is my ultimate goal, so I model my game around red ball: Devdutt Padikkal

Rediff.com18 Aug 2026

Devdutt Padikkal on Tuesday asserted that Test cricket remains his "ultimate goal", and subtle technical adjustments to his batting has helped him make an instant impact in the ongoing first Test against Sri Lanka in Galle.

Khalifa Review: Prithviraj Can't Save Bland Thriller

Khalifa Review: Prithviraj Can't Save Bland Thriller

Rediff.com21 Aug 2026

Khalifa wants to build a universe, but struggles to build a compelling film, leaving Prithviraj Sukumaran to carry a derivative thriller almost entirely on his shoulders laments Sreeju Sudhakaran.

Shweta Tiwari, Shalini Passi, Mallika Sherawat Join The Traitors 2

Shweta Tiwari, Shalini Passi, Mallika Sherawat Join The Traitors 2

Rediff.com31 Jul 2026

'I have seen many a traitor. I can identify them very easily.'

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

From 0-1 to 4-1: East Bengal script stunning comeback in AFC Champions League

From 0-1 to 4-1: East Bengal script stunning comeback in AFC Champions League

Rediff.com12 Aug 2026

East Bengal staged a stunning comeback from 0-1 down to beat Al Arabi SC 4-1 in extra time and seal their place in the AFC Champions League Two group

A Mom-Son Japanese Odyssey

A Mom-Son Japanese Odyssey

Rediff.com25 Aug 2026

Researching Japan was like going down a rabbit hole. There is just so much to see and do, but I finally decided we would stick to the 'Golden Route' of Tokyo, Osaka and Kyoto, notes Radhika Mittal.

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Rediff.com7 Aug 2026

A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.

Maharashtra to amend law to make Marathi mandatory for cab drivers

Maharashtra to amend law to make Marathi mandatory for cab drivers

Rediff.com13 Aug 2026

The Maharashtra government has proposed amendments to the Maharashtra Motor Vehicles Rules, 1989, making 'working knowledge of Marathi language' mandatory for cab drivers, with non-compliance potentially leading to suspension or revocation of driving licences.

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Rediff.com9 Jul 2026

IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

Rediff.com8 Aug 2026

Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.