News for 'Expected Credit'

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

Mission: Impossible - The Final Reckoning Review: Mission Accomplished

Mission: Impossible - The Final Reckoning Review: Mission Accomplished

Rediff.com17 May 2025

The Final Reckoning, with all its startling ambition and scope, puts a dazzling display of stunt-work by Tom Cruise, applauds Mayur Sanap.

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

Shepherd credits 'see ball, hit ball' mantra for victory

Shepherd credits 'see ball, hit ball' mantra for victory

Rediff.com8 Apr 2024

The burly Guyanese all-rounder turned on the beast mode to hammer four sixes and two fours in the final over off South African pacer Anrich Nortje to collect 32 runs

'Jofra Archer is going to get better and better'

'Jofra Archer is going to get better and better'

Rediff.com6 Apr 2025

Rajasthan Royals pacer Jofra Archer upped the ante against Punjab Kings on Saturday night by striking twice in the opening over in Mullanpur on Saturday.

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

Rediff.com9 Apr 2025

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

Rediff.com29 Apr 2025

Indian auto component exporters may suffer a hit of 2,700 crore to 4,500 crore on their earnings after the imposition of steep US tariffs on key automotive parts, credit rating agency ICRA said in a note on Monday. The new 25 per cent tariff on engines, transmission, electrical components, and other auto parts may moderate the overall auto component industry's revenue growth to 6-8 per cent in 2025-26 (FY26), down from an earlier projection of 8-10 per cent.

Bengal BJP ex-chief Dilip Ghosh, 60, marries party colleague

Bengal BJP ex-chief Dilip Ghosh, 60, marries party colleague

Rediff.com18 Apr 2025

The couple met during morning walks, and the relationship grew over time.

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

India to be 3rd largest economy by 2028: Morgan Stanley

India to be 3rd largest economy by 2028: Morgan Stanley

Rediff.com13 Mar 2025

India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.

Vances at Akshardham

Vances at Akshardham

Rediff.com21 Apr 2025

US Vice President JD Vance and his family began their four-day trip to India with a visit to the Swaminarayan Akshardham Temple in Delhi. The Vances, along with their three children dressed in Indian attire, spent an hour at the temple, admiring its intricate architecture and receiving a traditional welcome. The visit comes amid ongoing trade negotiations between the US and India.

Who Says India Is Friendless?

Who Says India Is Friendless?

Rediff.com7 Jun 2025

The reality is that far from being friendless, India is better positioned in the world than at any point post-Cold War, asserts Shekhar Gupta.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

Banks offer new credit lines, expect defaults

Banks offer new credit lines, expect defaults

Rediff.com26 Mar 2020

To ease pressure due to the coronavirus lockdown, corporate have asked banks and the government for a six-month liquidity line, so that they can pay off their suppliers and employees.

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.

$120 mn investments, $250 mn credit line to fund Chabahar port growth

$120 mn investments, $250 mn credit line to fund Chabahar port growth

Rediff.com14 May 2024

India's 10-year bilateral contract with Iran for the operation of Chabahar Port is likely to bring in an investment of approximately $370 million. This comprises a direct investment of $120 million from India for infrastructure development and a $250 million line of credit to Iran, Business Standard has learnt. With the $120 million committed for port development, India is set to procure advanced equipment, such as rail-mounted quay cranes, rubber-tyred gantry cranes (also known as transtainers), reach stackers, and forklifts.

US Tariffs May Prompt RBI Rate Cut: Economists

US Tariffs May Prompt RBI Rate Cut: Economists

Rediff.com8 Apr 2025

'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'

VOTE For Ananya's Best Performance

VOTE For Ananya's Best Performance

Rediff.com22 Apr 2025

So far, her appeal's limited to OTT but with Kesari 2, the 26 year old charms the big screen as well.

Ponting ecstatic after Punjab's 'season-defining' win

Ponting ecstatic after Punjab's 'season-defining' win

Rediff.com16 Apr 2025

Punjab Kings' (PBKS) head coach Ricky Ponting on Tuesday said his team's thrilling 16-run win over defending champions Kolkata Knight Riders (KKR) could be a "season-defining" victory in the Indian Premier League (IPL).

Union Budget '24: Realty players' high-rise expectations

Union Budget '24: Realty players' high-rise expectations

Rediff.com11 Jan 2024

During 2023, the Indian real estate sector - both housing and commercial - witnessed buoyancy fuelled by demand, supply, and absorption, and the sector is banking on the upcoming Budget to keep the momentum going. Mumbai-based Sattva Group wants the government to focus on the critical pillars for long-term growth. The company emphasised on the infrastructure boom with increased allocation, lower goods and services tax (GST) rates, incentives for affordable housing and single-window clearance to fast-track projects and support liquidity.

Delhi Capitals 'hurting' after losing another WPL final

Delhi Capitals 'hurting' after losing another WPL final

Rediff.com16 Mar 2025

Delhi Capitals head coach Jonathan Batty says maybe the occasion got to the players as his team lost its third straight final in the Women's Premier League.

'We want to create an all-weather franchise'

'We want to create an all-weather franchise'

Rediff.com10 Dec 2024

'We have seen something do very well when the times are good but maybe not as well when the times are bad.'

Our campaign is as good as over: Rizwan admits

Our campaign is as good as over: Rizwan admits

Rediff.com23 Feb 2025

Pakistan captain Mohammad Rizwan admitted that his team's Champions Trophy campaign is effectively over following their six-wicket defeat to India

Sunil Narine's one secret that changed Kuldeep's career

Sunil Narine's one secret that changed Kuldeep's career

Rediff.com30 Mar 2025

I learned a lot from Sunil Narine when I was with KKR: Kuldeep Yadav

No signs of systemic risk build-up in bank credit: RBI's Michael Patra

No signs of systemic risk build-up in bank credit: RBI's Michael Patra

Rediff.com22 Sep 2023

India's bank credit remains resilient and is showing no signs of systematic risk, Reserve Bank of India (RBI) Deputy Governor Michael Patra said on Monday. A copy of the speech was uploaded on the RBI website on Thursday. "Bank credit is monitored as a lead indicator of overheating. Our assessment, based on a menu of approaches, indicates that current rates of credit expansion are not pointing to systemic stress building up. Illustratively, the credit gap - the difference between the credit to GDP ratio and its trend - is currently negative," said Patra, while delivering a speech in Cambodia.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts

Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts

Rediff.com15 Nov 2023

The stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. This, along with controlled credit costs, should aid the outlook of the stock which has been underperforming the markets for some time now. "We believe delivery of growth on guided lines, sustenance of NIMs near current levels, and controlled asset quality parameters aiding controlled credit costs should lead to strong profitability and drive re-rating of the stock," said analysts at JM Financial.

All England C'ships: Satwik thanks Chirag as they roll into 2nd round

All England C'ships: Satwik thanks Chirag as they roll into 2nd round

Rediff.com13 Mar 2025

The 24-year-old from Amalapuram expressed his gratitude to his partner for being there during this challenging time.

Consumption Funds: What You Must Know

Consumption Funds: What You Must Know

Rediff.com7 Feb 2025

Invest in these funds through the SIP route with at least a seven-year horizon.

Debt To Wealth: Young People, Read This!

Debt To Wealth: Young People, Read This!

Rediff.com17 Mar 2025

'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'

Budget sets a comprehensive blueprint for India's economic growth

Budget sets a comprehensive blueprint for India's economic growth

Rediff.com4 Feb 2025

Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.

Why China Shield's Pakistan's Terror Agenda

Why China Shield's Pakistan's Terror Agenda

Rediff.com16 May 2025

'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.

The ambitious plans of Flipkart-backed super.money

The ambitious plans of Flipkart-backed super.money

Rediff.com17 Dec 2024

Flipkart-backed super.money is on an expansion spree and plans to expand its range of offerings in credit and wealth management after launching its operations in July this year. The Bengaluru-based fintech company is on track to roll out credit products such as credit on Unified Payments Interface (UPI), unsecured credit cards, and personal loans within the first half of the next calendar year (2025).

'I Didn't Work Because Of Lack of Good Offers'

'I Didn't Work Because Of Lack of Good Offers'

Rediff.com22 Apr 2025

'It's important to keep doing your work. Do what you understand and don't expect much.'

'Fearless batters are pushing powerplay scores up'

'Fearless batters are pushing powerplay scores up'

Rediff.com28 Mar 2025

Gujarat Titans' assistant coach Parthiv Patel on Friday said 'fearlessness' among batters was the reason for the huge powerplay scores in the ongoing Indian Premier League (IPL).

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Rediff.com7 Apr 2025

Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

Paris 2024: 'Expect more than 10 shooting medals for India'

Paris 2024: 'Expect more than 10 shooting medals for India'

Rediff.com13 Jun 2024

Bindra admitted that hopes will be high on the Indian shooting contingent in Paris after having notched up seven medals - India's best-ever tally - at the Tokyo Olympics.

Banks urge RBI for boards' workload mgmt

Banks urge RBI for boards' workload mgmt

Rediff.com19 Nov 2024

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.