Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Commonwealth Games gold-medallist Krishna Poonia produced an impressive season's best effort of 62.25m to win gold at Halloween Throws Meet at Portland, United States on Tuesday.
'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'
Patrick Graham's crime documentary The Dupatta Killer gives all sides of the story and leaves it to the viewer to fill in the blanks, notes Deepa Gahlot.
Full of seduction and schemes, she'll use her sultry charms and slinky moves to trap and trick her fall guy until he's putty in her hands. Call her femme fatale, man-eater, gold-digger or temptress, morality be damned so long as she gets her way.
President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.
The commerce ministry is working on different scenarios to assess the possible fallout of reciprocal tariffs to be imposed by the US administration on April 2 on its key trading partners including India, sources said. US President Donald Trump has said that April 2 will be 'Liberation Day' as he plans to announce tariffs or import duties to bring down America's trade deficit, and promote the country's manufacturing.
On the other end of the spooky spectrum, there's the otherworld beauty looking for a do-gooder to help her restless spirit find peace.
'The championship was well fought this year.' 'Ding played better than expected. Gukesh was below his level, but good enough to beat Ding.'
'I am more optimistic about India than before.'
Neeraj emerged victorious with a season's best throw of 88.88 meters.
In 2022, he raced past Usain Bolt, 'the world's fastest man', to become the world's most written-about athlete. The attention has followed a stream of medals: Asian Games gold twice, an Olympic gold, and silver and gold at the World Athletics Championships.
Everyone in Bollywood seemed to have the same entry in their busy dairy schedules on April 24: Attend the grand screening of Sanjay Leela Bhansali's epic Web series, Heeramandi: The Diamond Bazaar.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.
'The strategic direction of the relationship will not be affected. But the perception has been affected.'
'A Gold-standard meeting! Javelin thrower & Olympic Gold medallist @Neeraj_chopra1 interacted with #TeamIndia ahead of the #U19T20WorldCup Final!'
The two cases shocked the tennis world with many fuming at how they were handled by the authorities.
'When so many young Baloch men and women are willingly volunteering as fighters and even suicide bombers.'
Gold has been a valuable and highly sought-after precious metal for coinage, jewellery, and other arts since long before the beginning of recorded history.
Harmilan Bains revealed that she struggled with depression after missing the Paris Olympic Games because of injury.
Commonwealth Games gold medalist and ace marksman Samresh Jung won gold while Olympic medallist Vijay Kumar settled for a bronze in 25 meter standard pistol event at the 57th National Shooting Championship at Dr Karni Singh Ranges in New Delhi on Saturday.
Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.
With Valentine's Day falling on a Friday, travel is picking up as people look for quick getaways.
Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional 'bahi-khata', to carry the Union Budget papers.
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.
Unlike Asia's other populous giant China, India have never made much of a splash at the Olympics, their seven-medal haul at the Tokyo Games a record for the nation. Adding cricket to the Olympic programme -- as is expected for the 2028 Los Angeles Games -- could help boost the tally.
Bollywood has a history of making heads turn -- theirs and everybody else's -- in shiny hair accessory.
The 35-year-old Jakhar had won the men's 10m air pistol gold with a world record effort in Croatia 2019 World Cup.
There could be no place more appropriate for Djokovic to finally break free of his tie with Margaret Court on 24 Grand Slam singles titles than in her own backyard at Melbourne Park, where he has won the Norman Brookes Challenge Cup 10 times.
Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan
Gold plunged by Rs 155 per ten gram on the bullion market in Mumbai on Monday due to heavy selling by stockists after a steep fall in global prices.
India defeated Sri Lanka by 19 runs in a low-scoring final to win the cricket gold medal in the Asian Games in Hangzhou on Monday.
'When the gold price rises rapidly, India's physical gold market remains on standby.'
'I want to thank all of you for your encouragement. 2024 has made me a better athlete and person. See you in 2025.'
'Historically, there hasn't been much representation around para-athletes from a brand perspective.' 'With their best medal tally in Paris, it has triggered considerable organic interest.'
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
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