Cook up a Raksha Bandhan meal for your sis. Head into the kitchen and surprise her with a meal that will make her real khush.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
If that name means nothing to you, you're not alone. It meant nothing to most people we met that day either. Including, as it turned out, some of them standing right next to his tomb.
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.
The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.
Rashmika Mandanna has replaced Sai Pallavi as the lead in the highly anticipated M S Subbulakshmi biopic.
In part 3 of a Rediff series exploring new careers for aspiring professionals, Sanjay Salunkhe, founder of Jaro Education highlights how young professionals can adapt to the evolving AI-driven landscape in the creative industry.
Nepal's Hindu groups have sought an all-party discussion on restoring Hindu-nation status within three months.
From ancient gurus to pioneering educationists and social reformers, India's history is peopled by remarkable teachers who saw learning as a force for change.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.
US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
'If planets are, as many of your own geophysicists argue, bodies shaped by their own gravity and expressing internal processes, then by that measure, I am not an exception.'
'Earlier, Ganeshotsav was social. Now it is all about social media.'
Construction of the approved reactor projects is expected to take five to six years after receiving financial approval.
Its unresolved, noncommittal conclusion is exactly the sort of anticlimactic reality Daayra wants to bring our attention to. Neither justice nor revenge can undo the fate met by the world's Nirbhayas or Arushis, observes Sukanya Verma.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
Ahead of Ganeshotsav, which commences on September 14, Rediff's Divya Nair visits a workshop in Mumbai where young girls, most of them first-timers, are using their brushes to bring Lord Ganesha to life.
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
Hollywood actor Brad Pitt believes artificial intelligence could be a boon for mid-budget filmmaking by making visual effects more accessible. However, he expresses caution regarding AI's use in replicating actors' performances and raises concerns about body scanning and digital likeness ownership. Pitt also shared his thoughts on AI-generated music and his upcoming film projects.
'I wanted to push the buttons further and see what can come out of putting Taapsee in this intense role where she has to deep-dive into a woman and her sense of great loss.'
The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.
A new study reveals that despite China's significant control over global rare earth mining and processing, its dominance has a critical weakness: the US and Japan hold the majority of core patents for advanced rare earth functional material technologies. This technological gap means China lags in higher-value applications, impacting its strategic advantage in the industry.
If an OTT series can make a young person curious about the armed forces, make a family understand the sacrifices made by those in uniform, or simply make someone walk up to a veteran and say, "Thank you for your service," then it has achieved something far more important than merely getting its history right, notes Air Commodore Nitin Sathe (retd).
Highly capable professionals frequently lose out to candidates with similar qualifications simply because their applications are better structured, more relevant, and easier for both AI and recruiters to interpret, says Chetan Mangalwedhe, founder of TalentiFi-X.
Make the most of the monsoon with these hatke experiences.
'Ultimately, everything has to be shared. That's why you have that talent. To share it. Unless you share, it won't continue.'
The multi-generational ensemble of world-class musicians dedicated to the masterful compositions and enduring legacy of the legendary sitar-musician.
'Raghav and I complement each other. He talks to me a lot about form and how he approaches his characters. Our paths are different, but we both are very much aligned emotionally.'
'We often lament that even now no mainstream actor wants to come out as openly gay. But Chapal Bhaduri has not hidden his sexuality. He has been open about his relationship with a man for decades. He could well be our first out mainstream actor.'
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony blending Scottish heritage and a strong message of sustainability. King Charles III declared the Games open, highlighting efforts to combat plastic pollution. The event featured a unique indoor setting, an early athletes' parade including the Indian contingent, and diverse musical and cultural performances, setting a new precedent for the multi-sport event.
An independent think tank on policing has called for a multi-agency investigation into the recent unearthing of a spurious Mounjaro (tirzepatide) injection manufacturing racket in Gurugram, offering free-of-cost forensic expertise.
Doctors in Ghaziabad successfully performed reconstructive surgery on an 11-year-old girl who survived a rare cervical cancer, creating a new cervix and vagina to restore bodily function and improve her quality of life.
From Lionel Messi and Cristiano Ronaldo to Cape Verde's fairytale run, VAR controversies and unforgettable fan moments, relive the memories that made the 2026 FIFA World Cup the biggest and most dramatic tournament in history.
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.
'A film that puts a Malayali collector, a Malayali general, and a Malayali gangster all in the same national plot does not feel pan-Indian. It feels like a school play where only one family showed up,' notes Binu Alex after watching the Mohanlal-Mammootty starrer Patriot.
