News for 'Credit Association'

Tea Industry On Tenterhooks About Ukraine Conflict

Tea Industry On Tenterhooks About Ukraine Conflict

Rediff.com16 Mar 2022

Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.

Veteran actor Shaukat Azmi passes away at 93

Veteran actor Shaukat Azmi passes away at 93

Rediff.com22 Nov 2019

Kaifi's acting credits include "Bazaar", "Umrao Jaan" and Mira Nair's Oscar nominated film "Salaam Bombay!".

India's heaviest rocket blasts off with OneWeb India's 36 broadband satellites

India's heaviest rocket blasts off with OneWeb India's 36 broadband satellites

Rediff.com23 Oct 2022

The heaviest rocket of the Indian Space Research Organisation -- LVM3-M2/OneWeb India-1 -- blasted off from the Sriharikota spaceport on Sunday to place 36 broadband communication satellites into the Low Earth Orbit (LEO) for a UK-based customer.

'I am getting repeated mails from Income Tax department'

'I am getting repeated mails from Income Tax department'

Rediff.com29 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

You lose more by deferring your EMIs for 3 months

You lose more by deferring your EMIs for 3 months

Rediff.com1 Apr 2020

In a note to customers, the country's largest lender State Bank of India said, 'Interest shall continue to accrue on the outstanding portion of the term Loan during the moratorium period'. The accrued interest will be collected by the lender in the form of additional EMIs from those borrowers who opt for the three-month moratorium.

Lessons from the Franklin fiasco

Lessons from the Franklin fiasco

Rediff.com27 Apr 2020

Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.

'India needs 6 carriers like the Vikrant'

'India needs 6 carriers like the Vikrant'

Rediff.com2 Sep 2022

'... To ensure that the vast Indian Ocean Region remain peaceful.'

Economic recovery yet to attain durability: Icra

Economic recovery yet to attain durability: Icra

Rediff.com19 Jan 2022

Rating agency Icra on Wednesday said while there is some evidence of the economic recovery becoming broad-based in the third quarter of fiscal 2022, it is yet to attain the durability being sought by the Monetary Policy Committee (MPC) as a precursor to policy transmission. The agency expects the real GDP to expand 6-6.5 per cent year-on-year in the third quarter of FY2022 (+8.4 per cent in Q2 FY2022). It also sees the RBI maintaining the status quo in the upcoming monetary policy review to be held in February.

This chat is over now: Are personal loans cheaper than credit card loans?

This chat is over now: Are personal loans cheaper than credit card loans?

Rediff.com18 Nov 2013

Harshala Chandorkar of CIBIL will answer your queries on personal loans in an online chat between 3 pm and 4 pm on November 18.

Ranji: Dhapola's fiery spell puts U'khand in command

Ranji: Dhapola's fiery spell puts U'khand in command

Rediff.com27 Dec 2022

Dhapola's feat did not miss the attention of the BCCI secretary Jay Shah who termed it as one of the finest bowling performances of the tournament.

Moody's expresses doubts on higher revenue targets from tax, divestment

Moody's expresses doubts on higher revenue targets from tax, divestment

Rediff.com1 Feb 2021

Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment realisation as assumed in the Budget. The Union Budget 2021-22 has pegged a fiscal deficit of 9.5 per cent for the current financial year as against the consensus 7 per cent, and 6.8 per cent for 2021-22 with a market borrowing of around Rs 12 lakh crore. It also assumes Rs 1.75 lakh crore to be scooped up from divestment.

BharatPe co-founder Nakrani lauds board action on unseating Grover

BharatPe co-founder Nakrani lauds board action on unseating Grover

Rediff.com7 Mar 2022

BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.

No penal/compound interest to be levied during loan moratorium: SC

No penal/compound interest to be levied during loan moratorium: SC

Rediff.com23 Mar 2021

The Supreme Court has refused to interfere with the government and RBI's loan moratorium policy, and declined to extend the six-month loan moratorium period.

'Some love me, many hated me'

'Some love me, many hated me'

Rediff.com19 Jul 2022

'N Chandra told me, "Arree yaar, don't get heavy on me now! This is a Hindi movie so leave your logic at home".'

India-Vietnam sign logistics pact allowing use of each other's bases

India-Vietnam sign logistics pact allowing use of each other's bases

Rediff.com8 Jun 2022

The memorandum of understanding on mutual logistics support is the first such major agreement that Vietnam has signed with any country.

How Bollywood's writers are fighting back

How Bollywood's writers are fighting back

Rediff.com20 Feb 2020

'The writer remains the most creative force in the process.' 'Producers need to be inventive in how they reward good writing.'

PPF: Why Timing Is Important

PPF: Why Timing Is Important

Rediff.com14 Apr 2022

While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.

GCA terminates tainted cricketer Gautam's contract

GCA terminates tainted cricketer Gautam's contract

Rediff.com7 Nov 2019

Gautam, a former Karnataka wicketkeeper-batsman, was earlier on Thursday arrested by the Bengaluru Central Crime Branch along with Abrar Kazi for allegedly accepting money to spot-fix in the scandal-ridden Karnataka Premier League (KPL).

Moody's ups India's FY22 growth projection to 13.7%

Moody's ups India's FY22 growth projection to 13.7%

Rediff.com25 Feb 2021

Moody's on Thursday upped India's growth projection for the next financial year beginning April 1, to 13.7 per cent, from 10.8 per cent estimated earlier, on the back of normalisation of activity and growing confidence in the market with the rollout of COVID-19 vaccine. For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

How 'special meeting' with Raina spurred MI youngster Tilak...

How 'special meeting' with Raina spurred MI youngster Tilak...

Rediff.com4 Apr 2022

Tilak Varma's lucid style of strokeplay must have brought a wide grin on Suresh Raina's face while watching him reverse sweep Ravichandran Ashwin for a six.

SC upholds validity of amendment to FCRA provisions, says strict rule must

SC upholds validity of amendment to FCRA provisions, says strict rule must

Rediff.com8 Apr 2022

The top court noted many recipients of foreign contributions had not utilised the same for the purposes for which they were registered or granted prior permission under the Act.

Franklin Templeton shuts 6 MF schemes. Should you worry?

Franklin Templeton shuts 6 MF schemes. Should you worry?

Rediff.com24 Apr 2020

Industry body Association of Mutual Funds in India on Friday assured investors that a majority of fixed income mutual funds assets are invested in superior credit quality securities and such schemes have appropriate liquidity to ensure normal operations. The statement by the industry body came after Franklin Templeton Mutual Fund voluntarily decided to wind up its six debt schemes citing redemption pressure and lack of liquidity in bond markets due to the coronavirus pandemic.

Lakshya creates history with maiden Super 500 title

Lakshya creates history with maiden Super 500 title

Rediff.com16 Jan 2022

India's Lakshya Sen secured his maiden Super 500 title by winning the Yonex-Sunrise India Open with a stunning straight-game victory over reigning world champion Loh Kean Yew of Singapore in the men's singles final in New Delhi on Sunday.

'How much more Indian can my film get?'

'How much more Indian can my film get?'

Rediff.com13 Oct 2022

'These accusations of my film being a copy only makes our chances at the Academy harder.'

4 senior citizens brought down realtor Supertech's big plans

4 senior citizens brought down realtor Supertech's big plans

Rediff.com1 Sep 2021

It was the relentless pursuit of justice over a decade by a group of senior citizens that resulted in the Supreme Court's order for demolition of the illegal 40-storey twin towers of a real estate group in Noida.

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

Rediff.com19 Aug 2021

The Reserve Bank of India (RBI) has increased its gold purchases, as part of its foreign exchange (forex) reserves. In the first half (H1) of calendar year 2021 (CY21), the addition of gold to India's forex reserves has been the highest - on a half-yearly basis -at 29 tonnes. Now, the RBI's gold holding - as a proportion of its forex reserves - has for the first time crossed 700 tonnes.

WazirX controversy bares crypto's trade secrets in India

WazirX controversy bares crypto's trade secrets in India

Rediff.com25 Aug 2022

A few days back, Finance Minister Nirmala Sitharaman urged the start-up community and public to deal in cryptocurrency with caution because everything that was floating around was not currency. In the first week of August, the country's top nine crypto exchange platforms were summoned by the Directorate of Enforcement (ED) in Hyderabad. The exchanges were questioned for money laundering, especially over a number of Indian non-banking financial companies and their fintech partners for predatory lending practices in violation of the Reserve Bank of India (RBI) guidelines and by using tele-callers who misuse personal data and use abusive language to extort high interest rates from the loan takers.

'It's ok to be mediocre': Grp Cpt Varun told students of his school

'It's ok to be mediocre': Grp Cpt Varun told students of his school

Rediff.com10 Dec 2021

He was conferred with the Shaurya Chakra in August for averting a possible mid-air accident after his Tejas light combat aircraft suffered a major technical glitch last year.

What Today's Millennials Want From Govt

What Today's Millennials Want From Govt

Rediff.com12 Feb 2022

Tax benefit on WFH expenses, regulatory clarity on cryptos figure high on their wish list.

RBI extends deadline for shifting of current accounts till Oct 31

RBI extends deadline for shifting of current accounts till Oct 31

Rediff.com5 Aug 2021

The Reserve Bank of India (RBI) on Wednesday gave banks time till October 31 to comply with its guidelines on current account and overdraft facilities. The central bank indicated that it was in no mood to change the proposed rules, but would only allow for stretching the timeline for smoother implementation. The initial deadline had ended on July 31, leading to thousands of current accounts being closed or frozen by banks. Lenders had requested the RBI for some more time to resolve the operational issues in implementing the provisions of the August 2020 circular in letter and spirit.

Franklin's voting process on six funds draws flak

Franklin's voting process on six funds draws flak

Rediff.com15 Jan 2021

There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.

Challenge Before Rahul's Bharat Jodo Yatra

Challenge Before Rahul's Bharat Jodo Yatra

Rediff.com26 Sep 2022

People may line up to see Rahul Gandhi, given he is currently, the only major politician speaking of inflation and unemployment in an India bombarded daily by Right-wing delusion. The challenge is how to transfer the goodwill into votes when the object of curiosity is surrounded by usual suspects and sycophants, observes Shyam Menon.

Struggled early, but plan was to take it deep: Rizwan

Struggled early, but plan was to take it deep: Rizwan

Rediff.com3 Nov 2021

Former Australia fast bowler Brett Lee is confident Aaron Finch and Co. can bounce back from their crushing group stage defeat at the hands of England provided their top-order fires in the upcoming matches of the T20 World Cup.

Helmet review

Helmet review

Rediff.com3 Sep 2021

Helmet's sole attribute are its three actors. Aparshakti Khurana, Abishek Banerjee and Ashish Verma have an effortless witty quality and breezy camaraderie, observes Sukanya Verma.

Shane Warne's career highlights

Shane Warne's career highlights

Rediff.com4 Mar 2022

Factbox on former Australian spinner Shane Warne, who died on Friday at the age of 52.

80D Limit Available? Opt For Health Check-up

80D Limit Available? Opt For Health Check-up

Rediff.com4 Mar 2022

You can avail of tax deduction on expenses incurred on preventive health check-ups. This provision is beneficial to younger people who don't exhaust their Section 80D limit with their health insurance premium.

'It's ok to be mediocre': Group Cpt Varun Singh wrote to students of his school in Sep

'It's ok to be mediocre': Group Cpt Varun Singh wrote to students of his school in Sep

Rediff.com15 Dec 2021

'Whatever you work towards, be dedicated, do your best. Never go to bed thinking I could have put in more effort'

The Girl Who Flew Across The World

The Girl Who Flew Across The World

Rediff.com18 Aug 2022

'I've always wanted to be a pilot; setting records is the icing on the cake.'