News for 'Care Ratings'

NBFCs draw flak for lax loan appraisal practices

NBFCs draw flak for lax loan appraisal practices

Rediff.com11 Apr 2025

Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

RBI changes policy stance to open window for a rate cut

RBI changes policy stance to open window for a rate cut

Rediff.com9 Oct 2024

The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.

IPL 2025: Can Siraj stop Pooran's rampage?

IPL 2025: Can Siraj stop Pooran's rampage?

Rediff.com11 Apr 2025

With 288 runs at a strike rate of 225, Nicholas Pooran is the top run-getter in IPL 2025, while Mohammed Siraj has been brilliant in Powerplay overs with 10 wickets in five games.

Retail inflation dips to nearly 6-year low of 3.34% in Mar

Retail inflation dips to nearly 6-year low of 3.34% in Mar

Rediff.com15 Apr 2025

Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.

Majority of iPhones sold in US will be made in India: Tim Cook

Majority of iPhones sold in US will be made in India: Tim Cook

Rediff.com2 May 2025

Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.

Why Are Girls Hitting Puberty Earlier?

Why Are Girls Hitting Puberty Earlier?

Rediff.com8 May 2025

Diets rich in sugar, processed foods, and unhealthy fats tend to result in quicker growth and earlier puberty, notes Dr Rohan Palshetkar, head of unit bloom IVF, DY Patil School of Medicine.

Narivetta Review: Tovino Thomas Is Exceptional

Narivetta Review: Tovino Thomas Is Exceptional

Rediff.com25 May 2025

Narivetta takes its cue from real-life incidents and fictionalises the ordeal through the experiences of a young cop caught in the crossfire between the police and tribals up in arms, notes Arjun Menon.

Gold ETFs Grow Popular in India

Gold ETFs Grow Popular in India

Rediff.com16 May 2025

'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'

Did RCB make a huge mistake letting Siraj go?

Did RCB make a huge mistake letting Siraj go?

Rediff.com3 Apr 2025

Siraj, named Player of the Match, dismantled RCB's top order with a fiery 3/19, leading GT to a dominant 8-wicket victory at the M. Chinnaswamy Stadium.

Credit-deposit growth gap widens amid tight liquidity, shows RBI data

Credit-deposit growth gap widens amid tight liquidity, shows RBI data

Rediff.com22 Mar 2025

Banking credit in the economy grew by 11.1 per cent year-on-year (Y-o-Y) in the fortnight ended March 7, while deposits grew at 10.2 per cent during the same period, which is a gap of around 90 basis points (bps), according to the latest data from the Reserve Bank of India (RBI).

How To Be Debt Free!

How To Be Debt Free!

Rediff.com5 Jun 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

'Retaliatory Tariffs By Us Won't Hurt US'

'Retaliatory Tariffs By Us Won't Hurt US'

Rediff.com22 Apr 2025

'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'

Gram Chikitsalay Review: Panchayat Redux

Gram Chikitsalay Review: Panchayat Redux

Rediff.com9 May 2025

Gram Chikitsalay uses the same template as Panchayat but with a fraction of its humour or charm, observes Deepa Gahlot.

With Old Visa Doors Closing, Indians Forge New Paths

With Old Visa Doors Closing, Indians Forge New Paths

Rediff.com5 May 2025

Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors.

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

Stopping cash rewards for chess players not ideal: Erigaisi

Stopping cash rewards for chess players not ideal: Erigaisi

Rediff.com11 Feb 2025

Grandmaster Arjun Erigaisi believes the government's recent decision to stop cash rewards for attaining GM and International Master titles is 'not ideal' for the parents of chess players.

IL&FS case: Sebi fines ICRA, CARE, India Ratings

IL&FS case: Sebi fines ICRA, CARE, India Ratings

Rediff.com26 Dec 2019

In three separate but similarly-worded orders, Sebi said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of the rating agencies.

The Royals Review: When Luxury Collides With Lameness

The Royals Review: When Luxury Collides With Lameness

Rediff.com9 May 2025

Be it as a source of fire, secret or endgame, everything is seen through the prism of sex and good looks in The Royals, observes Sukanya Verma.

Pioneer Hadjar flies two flags as an Arab in F1

Pioneer Hadjar flies two flags as an Arab in F1

Rediff.com24 Apr 2025

Born in Paris to Algerian scientist parents and competing with a French licence, the Racing Bulls driver stands out at the top level of the sport for his North African heritage as well as results.

Private Hospitals to Add 34,000 Beds by FY29

Private Hospitals to Add 34,000 Beds by FY29

Rediff.com17 Apr 2025

Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years

Phule Review: No Sensationalism Here

Phule Review: No Sensationalism Here

Rediff.com25 Apr 2025

It this era of sensationalism, we should appreciate director Anant Mahadevan for treating Phule with calm and composure and not going overboard, notes Hemant Waje.

Wipro's health care deals get an artificial intelligence booster shot

Wipro's health care deals get an artificial intelligence booster shot

Rediff.com8 Mar 2024

Information technology (IT) giant Wipro has a strong pipeline of large artificial intelligence (AI)-led deals in the health care vertical, according to a senior company executive. Health care stands as the third-largest vertical for Wipro, contributing roughly 14 per cent to the company's overall revenue. Moreover, while most other verticals reported negative growth, health care demonstrated robust growth of 9.9 per cent year-on-year and 7.5 per cent quarter-on-quarter in constant currency during the October-December quarter.

F-1 Visa Changes: What Indian Students Should Do

F-1 Visa Changes: What Indian Students Should Do

Rediff.com11 Apr 2025

Pananjay Tiwari, founder and director of Impel Overseas Education, explains how the new changes can impact Indian students who are applying to US universities and those who are already studying in the US.

Private banks' bottom line remains healthy in Q1, bad loans inch up

Private banks' bottom line remains healthy in Q1, bad loans inch up

Rediff.com7 Aug 2024

Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.

'Pro-Mamata Sentiment Among Muslims Is A Reality'

'Pro-Mamata Sentiment Among Muslims Is A Reality'

Rediff.com21 Apr 2025

'Mamata needs to address the anger and resentment among various sections of the Hindu community because low-scale communal violence has always paid richer electoral dividends for the BJP.'

Why Are Child TB Cases Rising?

Why Are Child TB Cases Rising?

Rediff.com17 Apr 2025

Children below the age of 15 years account for about 10 to 12 per cent of India's overall TB burden.

'RBI Not Overly Concerned About GDP'

'RBI Not Overly Concerned About GDP'

Rediff.com6 Dec 2024

'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

New Income Tax Bill: What YOU Must KNOW

New Income Tax Bill: What YOU Must KNOW

Rediff.com1 Feb 2025

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.

Experts say regular health check-ups must amid rising heart attacks

Experts say regular health check-ups must amid rising heart attacks

Rediff.com13 Apr 2025

Recent reports of heart attacks occurring while dancing, driving, or even walking have raised concerns about the condition's unpredictability. Experts emphasize the importance of regular health check-ups to detect underlying heart diseases and prevent sudden cardiac events. Factors contributing to the rise include unhealthy lifestyles, genetic predisposition, and inadequate sleep. The article highlights the need for increased public awareness and stricter implementation of government programs to address the growing trend of heart attacks, particularly among younger individuals.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Pahalgam Attack: 'Munir Would Have Known'

Pahalgam Attack: 'Munir Would Have Known'

Rediff.com6 May 2025

'Pakistan's only concern has been while they were on the FATF watch list was to distance their State institutions and organs from any direct connection with the actual execution of militancy inside Kashmir.'

3 Out Of 5 Cancer Patients Die In India

3 Out Of 5 Cancer Patients Die In India

Rediff.com3 Mar 2025

The mortality-to-incidence ratio for India was 64.47 per cent in 2022, the highest while comparing the top 10 countries with the highest number of cancer incidences.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

Rural markets drive FMCG sector; outpace urban areas

Rural markets drive FMCG sector; outpace urban areas

Rediff.com6 Feb 2025

The FMCG industry in India achieved a 10.6% growth in value terms in the December quarter of 2024, driven largely by rural markets, which have surpassed the large urban markets in growth for the fourth consecutive quarter. Festive demand and consumption-driven growth played a key role, with overall volume up 7.1% despite inflationary pressures. However, the industry also saw a "preference shift of consumers towards smaller packs" due to high food inflation. Local manufacturers continue to outperform larger FMCG companies, fueled by consistent volume growth.

Vietnam: A Wonderful Place For A Holiday

Vietnam: A Wonderful Place For A Holiday

Rediff.com12 May 2025

Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.

Trump slaps 26% reciprocal tariffs on India, 34% on China

Trump slaps 26% reciprocal tariffs on India, 34% on China

Rediff.com3 Apr 2025

US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."

New era! Patidar to lead RCB in IPL 2025

New era! Patidar to lead RCB in IPL 2025

Rediff.com13 Feb 2025

IPL franchise Royal Challengers Bengaluru on Thursday named Rajat Patidar as its captain for the upcoming season starting March 21.

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com6 Mar 2025

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.