News for 'Credit Association'

Hamas official takes credit for kidnap, murder of Israeli teens

Hamas official takes credit for kidnap, murder of Israeli teens

Rediff.com21 Aug 2014

A senior Hamas official has admitted the militant group's involvement in the kidnapping and murders of three Israeli youngsters which sparked off the current violence in Gaza, contrary to the outfit's earlier claims that it had nothing to do with the killings.

Angry Prannoy questions Arjuna selection criteria

Angry Prannoy questions Arjuna selection criteria

Rediff.com17 Aug 2019

Star shuttler HS Prannoy on Saturday questioned the criteria for Arjuna Award selection, saying knowing people who can push a nomination is more important than performances on court.

MFIs' collections rebound in a big way, but delinquencies may surge

MFIs' collections rebound in a big way, but delinquencies may surge

Rediff.com8 Sep 2020

A vast majority of borrowers are in the essential services' supply chain with tiny and micro businesses, and this has sprung back.

HIT JODIS of a DIFFERENT KIND!

HIT JODIS of a DIFFERENT KIND!

Rediff.com14 Jul 2021

Joginder Tuteja looks at winning actor-director jodis, who have made Rs 100 crore movies and are returning for an encore.

The Mystery of Narayana Murthy's Retail Biz

The Mystery of Narayana Murthy's Retail Biz

Rediff.com2 Sep 2021

In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.

All you want to know about G-Secs

All you want to know about G-Secs

Rediff.com19 Feb 2021

There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.

God has answered our prayers: Neeraj's family

God has answered our prayers: Neeraj's family

Rediff.com8 Aug 2021

'Today, he has lived up to everyone's expectations and made India proud'

Badminton Asia Mixed Team C'ship cancelled

Badminton Asia Mixed Team C'ship cancelled

Rediff.com3 Feb 2021

The 2020 international calendar concluded with the three tournaments in the Asia leg which was conducted in Bangkok in successive weeks.

'V P Singh is needlessly maligned'

'V P Singh is needlessly maligned'

Rediff.com30 Dec 2021

'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'

HDFC-HDFC Bank: Great Marriage, But...

HDFC-HDFC Bank: Great Marriage, But...

Rediff.com1 Jun 2022

But there are challenges, observes Tamal Bandyopadhyay.

Petrol pumps won't accept card payments from tomorrow

Petrol pumps won't accept card payments from tomorrow

Rediff.com8 Jan 2017

To promote cashless transactions, the government had waived the Merchant Discount Rate on fuel purchase post demonetisation for consumers. But after the expiry of the 50-day window, the banks have decided to levy MDR on petrol pump owners.

Farmers should get more avenues to sell crops: PM

Farmers should get more avenues to sell crops: PM

Rediff.com1 Mar 2021

Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce.

Crisil sees 11% revenue growth for IT industry in FY22

Crisil sees 11% revenue growth for IT industry in FY22

Rediff.com7 Jul 2021

The Indian IT industry will stage a "strong recovery" in 2021-22 with a revenue growth of up to 11 per cent, ratings agency Crisil said on Wednesday. The recovery will be led by increasing outsourcing and accelerating digital transformation services mainly in sectors such as banking, financial services and insurance (BFSI), healthcare, retail and manufacturing, it said. As per Nasscom, the IT services industry grew 2.7 per cent to $99 billion in 2020-21.

Loan interest waiver: PSU banks may have to take Rs 2,000 cr hit

Loan interest waiver: PSU banks may have to take Rs 2,000 cr hit

Rediff.com4 Apr 2021

Public sector banks may have to bear a burden of Rs 1,800-2,000 crore arising due to a recent Supreme Court judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020, sources said. The judgement covers loans above Rs 2 crore as loans below this got blanket interest on interest waiver in November last year. Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers including the prompt one who did not avail moratorium.

How to pay safely for online transactions

How to pay safely for online transactions

Rediff.com12 Jan 2021

Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.

Meet 2020's New Debutant Directors

Meet 2020's New Debutant Directors

Rediff.com18 Mar 2020

Joginder Tuteja lists those who are expected to score big with their Bollywood debuts in the months to come.

Yogi effect? UP parties shy away from nominating criminals

Yogi effect? UP parties shy away from nominating criminals

Rediff.com27 Sep 2021

With the Yogi Adityanath government taking credit for cracking down on criminals and making it an election issue, political parties are now having a rethink on aligning with those who have a criminal background but also enjoy influence in their areas.

Gold is selling at a premium for the first time since Budget

Gold is selling at a premium for the first time since Budget

Rediff.com15 Nov 2019

The yellow metal now trades at a 0.5 per cent premium over its landed cost, compared to a 4 per cent discount in mid-September because jewellers have voluntarily withdrawn the display of cash price from their website.

GST on mobiles, fertiliser, garments may be hiked to 18%

GST on mobiles, fertiliser, garments may be hiked to 18%

Rediff.com12 Mar 2020

Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.

More pain in store for the Indian economy, says Goldman Sachs

More pain in store for the Indian economy, says Goldman Sachs

Rediff.com28 Aug 2019

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.

Now, ICICI Prudential MF is under Sebi lens

Now, ICICI Prudential MF is under Sebi lens

Rediff.com27 Aug 2018

Sebi had also ordered the fund house to compensate investors who had redeemed their units since the date of allotment of shares in the I-Sec IPO.

'Ukraine has been consistently unhelpful to India's concerns'

'Ukraine has been consistently unhelpful to India's concerns'

Rediff.com8 Mar 2022

'If the Russian forces do capture Kyiv and set up some sort of provisional government, they might run into an insurgency, for which the geography is just right, it could prove costly for them.' 'In that event, the whole exercise could turn out to be counter-productive -- and costly in both foreign policy and domestic terms.'

Vodafone Idea, COAI push for urgent relief measures

Vodafone Idea, COAI push for urgent relief measures

Rediff.com27 Feb 2020

In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.

Our orbiter already located Vikram lander: ISRO chief

Our orbiter already located Vikram lander: ISRO chief

Rediff.com4 Dec 2019

ISRO chief's comments came after NASA said that it had found the remains of the Vikram lander by its Lunar Reconnaissance Orbiter and credited the discovery to Chennai-based amateur astronomer and engineer Shanmuga Subramanium.

GDP expansion likely at 4.9% in FY20, 5.5% in FY21: Moody's

GDP expansion likely at 4.9% in FY20, 5.5% in FY21: Moody's

Rediff.com4 Feb 2020

Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth.

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Rediff.com20 Aug 2018

Kerala floods take a toll on small businesses, NBFCs brace for losses

RBI orders forensic audit of MobiKwik systems

RBI orders forensic audit of MobiKwik systems

Rediff.com31 Mar 2021

The Reserve Bank has asked troubled digital wallet firm MobiKwik, which is facing data breach allegations, to get a forensic audit done without any delay. Though the Gurugram-based firm has been claiming that its systems are secure and that there is no basis to the allegations of data breach, a group of hackers on Tuesday said that they accessed personal and financial data of nearly 10 crore MobiKwik customers. On Wednesday, sources in the know of the development told PTI that the RBI has ordered an immediate forensic audit of the company's systems by a certified auditor. When contacted, an RBI spokesperson refused to comment. MobiKwik refused to give a direct answer to a query on whether the RBI has ordered a forensic audit.

'Imran Khan's praise of India was a surprise'

'Imran Khan's praise of India was a surprise'

Rediff.com28 Mar 2022

'The India-Pakistan relationship is in a deep freeze, though it could be a lot worse had there not been a new LoC ceasefire a year ago.' 'The India-Pakistan relationship will only start to thaw if the Pakistani military decides it's prepared to push for detente.'

In Kedarnath, PM predicts a decade of development

In Kedarnath, PM predicts a decade of development

Rediff.com5 Nov 2021

Addressing a gathering of priests and devotees, he said the redevelopment of centres of faith in India shows the country's growing pride in its ancient saints and philosophers like Adi Guru Shankaracharya and Swami Vivekananda.

What Shah's cooperation ministry will do

What Shah's cooperation ministry will do

Rediff.com16 Jul 2021

New ministry will bring much-needed transparency in the functioning of the cooperatives, which so far have been riddled with allegations of political interference and mismanagement.

Oxygen diversion may not hurt industry just yet

Oxygen diversion may not hurt industry just yet

Rediff.com22 Apr 2021

However, a prolonged and intense second wave that curtails oxygen supply to industries for a longer-than-expected period will exacerbate downside risk in affected sectors

Why education loans can be a nightmare

Why education loans can be a nightmare

Rediff.com29 Aug 2018

If you default, it will affect your credit score and your career.

Travel, hospitality industries stare at Rs 5-trn revenue loss

Travel, hospitality industries stare at Rs 5-trn revenue loss

Rediff.com20 Apr 2020

Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.

'Rs 30,000 crore NBFC loans are at risk'

'Rs 30,000 crore NBFC loans are at risk'

Rediff.com19 Nov 2019

'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'

RBI's TLTRO 2.0 gets cold-shoulder from banks

RBI's TLTRO 2.0 gets cold-shoulder from banks

Rediff.com25 Apr 2020

Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.

Jacqueline's TOP 10 songs

Jacqueline's TOP 10 songs

Rediff.com10 May 2021

From Madhuri's Ek Do Teen to her most recent number, Dil De Diya in Radhe: Your Most Wanted Bhai, the actress has enhanced so many of Bollywood's item numbers with her presence.

Jewellers divided on calling off strike; Delhi shops still shut

Jewellers divided on calling off strike; Delhi shops still shut

Rediff.com21 Mar 2016

Some jewellers kept their shops shut in Mumbai as well.

Yes Bank fraud case: Wadhawan brothers get bail

Yes Bank fraud case: Wadhawan brothers get bail

Rediff.com20 Aug 2020

Justice Bharati Dangre granted them bail as the Enforcement Directorate failed to file its charge sheet in the case within the stipulated 60-day period.

'Shastri has moulded India into world beaters'

'Shastri has moulded India into world beaters'

Rediff.com10 Jun 2021

'I am particularly happy that an Indian has done such a superb job as the coach because people always talk about foreign coaches, but Shastri has dashed all those views.'

Nirav Modi's brother charged in $2.6 m fraud in New York

Nirav Modi's brother charged in $2.6 m fraud in New York

Rediff.com20 Dec 2020

Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.