News for 'India Ratings'

4 Rivers 6 Ranges Review: A Brave Drama

4 Rivers 6 Ranges Review: A Brave Drama

Rediff.com3 days ago

4 Rivers 6 Ranges finds its strongest moments in the moral conflict between non-violence, survival and the fight for freedom.

UPI charges: Govt rejects rollback amid Opposition outcry

UPI charges: Govt rejects rollback amid Opposition outcry

Rediff.com4 days ago

The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com27 Aug 2026

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.

New UPI Merchant Fee Ignites Fierce Political Debate

New UPI Merchant Fee Ignites Fierce Political Debate

Rediff.com5 days ago

The Indian government has introduced a 0.4% transaction fee on UPI payments above Rs 2,000 for merchants, effective October 15, sparking a political row. The Congress party has labelled it a "Modi tax" and accused the government of succumbing to US pressure, while the BJP has defended the move, clarifying that consumers will not be charged and small vendors are protected. The finance ministry reiterated that the charge is on merchants, not customers.

Opposition Demands Rollback Of UPI MDR Fee, Cites US Pressure

Opposition Demands Rollback Of UPI MDR Fee, Cites US Pressure

Rediff.com5 days ago

The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.

India Vs Pakistan In High-Stakes Hockey World Cup Clash

India Vs Pakistan In High-Stakes Hockey World Cup Clash

Rediff.com18 Aug 2026

India will face arch-rivals Pakistan in a crucial FIH Men's Hockey World Cup Pool D match, needing at least a draw to advance, while Pakistan must win to stay in the tournament.

Global Equities Face Correction Risk as Treasury Yields Climb

Global Equities Face Correction Risk as Treasury Yields Climb

Rediff.com3 Sep 2026

Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

Rediff.com20 Aug 2026

RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.

SBI Highlights RBI's 'Chalk and Cheese' Policy Signals, Creating Market Uncertainty

SBI Highlights RBI's 'Chalk and Cheese' Policy Signals, Creating Market Uncertainty

Rediff.com25 Aug 2026

State Bank of India's latest report highlights a 'chalk and cheese' divide in the Reserve Bank of India's recent policy communications, with the Monetary Policy Committee minutes showing a hawkish tone while the Governor's statements are more data-dependent, leading to market uncertainty regarding future interest rate hikes.

Law And Order Review: Criminally Bad!

Law And Order Review: Criminally Bad!

Rediff.com2 days ago

Law And Order not only delivers an outdated and amateurish gangster drama, but also manages to drag Mammootty's iconic Black character into the mess.

PM Modi calls for global UPI expansion to cut remittance costs

PM Modi calls for global UPI expansion to cut remittance costs

Rediff.com8 Sep 2026

Prime Minister Narendra Modi has urged the fintech sector to expand the global reach of India's Unified Payments Interface (UPI), connecting it with local systems in other countries to help the diaspora save on remittance costs.

How Global UPI Can Save Diaspora Billions In Remittance Costs

How Global UPI Can Save Diaspora Billions In Remittance Costs

Rediff.com8 Sep 2026

Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.

Asian Games Organisers Downplay Accommodation Issues, Blame 'Politicisation'

Asian Games Organisers Downplay Accommodation Issues, Blame 'Politicisation'

Rediff.com3 days ago

The Olympic Council of Asia (OCA) has dismissed concerns about organisational chaos at the Asian Games, attributing criticisms to attempts to "politicise" the event. Despite widespread issues like accommodation scarcity, lengthy check-ins, and athlete complaints, OCA officials insist challenges are normal and are being handled effectively. They also addressed a diplomatic complaint from South Korea regarding a historical figure at a welcome ceremony and defended cost-saving measures like container-style accommodation.

Indian Stocks Fall as West Asia Tensions Push Crude Oil Higher

Indian Stocks Fall as West Asia Tensions Push Crude Oil Higher

Rediff.com31 Aug 2026

Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Rediff.com7 Aug 2026

A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.

Kohli charms Shinde with humility in London, shares ideas on sports, youth talent

Kohli charms Shinde with humility in London, shares ideas on sports, youth talent

Rediff.com11 Sep 2026

Virat Kohli impressed Eknath Shinde with his humility during their London meeting, while the duo discussed Maharashtra's development, sports, youth talent and the cricketer's upcoming ODI milestones.

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rediff.com11 Sep 2026

Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.

How AI Is Poised To Transform Indian Healthcare

How AI Is Poised To Transform Indian Healthcare

Rediff.com8 Sep 2026

A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com6 days ago

'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.'

Ishan Kishan Joins Elite List As He Slams Maiden First-Class Double Ton In Duleep Trophy final

Ishan Kishan Joins Elite List As He Slams Maiden First-Class Double Ton In Duleep Trophy final

Rediff.com7 Sep 2026

Ishan Kishan continued his impressive form in crucial matches by scoring his maiden first-class double century, a blistering 250 off 301 balls, for East Zone against South Zone in the Duleep Trophy final before retiring hurt due to cramps.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Rahul Dravid On Vaibhav Sooryavanshi's Induction Into Test Team: Need To Be Patient

Rahul Dravid On Vaibhav Sooryavanshi's Induction Into Test Team: Need To Be Patient

Rediff.com28 Aug 2026

Former India captain and Head Coach Rahul Dravid has advised a patient approach for 15-year-old batting sensation Vaibhav Sooryavanshi, stating he requires 'a couple of seasons of red-ball cricket' to establish himself in the longest format.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com21 Aug 2026

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Rediff.com12 Aug 2026

India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.

Why More Private Invits Are Shifting to Public Listings

Why More Private Invits Are Shifting to Public Listings

Rediff.com7 Sep 2026

At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).

Congress Slams Government Over New UPI Charges, Cites US Pressure

Congress Slams Government Over New UPI Charges, Cites US Pressure

Rediff.com5 days ago

The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".

Top Seeds Face Early Challenges At Asian Junior Classical Chess

Top Seeds Face Early Challenges At Asian Junior Classical Chess

Rediff.com20 Aug 2026

The Asian Junior Classical Championship in Mumbai saw top seed Mayank Chakraborty win his opening match, while other leading contenders Vignesh Advaith Vemula and Akhilbay Imangali were held to draws. The girls' section witnessed several upsets, with lower-rated players securing draws or victories against higher-rated opponents. The tournament features a strong field of 85 players from nine federations, including International Masters and FIDE Masters.

Sensex, Nifty pare gains on mixed global cues

Sensex, Nifty pare gains on mixed global cues

Rediff.com4 Sep 2026

The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.

BCCI confirms Indian cricketers' accommodation for Asian Games in Japan

BCCI confirms Indian cricketers' accommodation for Asian Games in Japan

Rediff.com8 Sep 2026

BCCI Vice-President Rajiv Shukla has confirmed that Indian cricketers participating in the upcoming Asian Games in Japan will stay in designated accommodation provided by the Organising Committee, which, while comfortable, will not be five-star hotels due to scarcity in Nagoya. Both BCCI and IOA have addressed the arrangements, ensuring player comfort and suitable facilities.

Vaibhav Sooryavanshi has what it takes to rule world cricket: Srikkanth

Vaibhav Sooryavanshi has what it takes to rule world cricket: Srikkanth

Rediff.com5 Sep 2026

Kris Srikkanth backs 15-year-old Vaibhav Sooryavanshi to become a world cricket superstar, citing his fearless batting, Duleep Trophy heroics, IPL dominance and potential across all three formats.

Deep Dasgupta recalls how Anil Kumble would reprimand him for not appealing

Deep Dasgupta recalls how Anil Kumble would reprimand him for not appealing

Rediff.com2 Sep 2026

Anil Kumble's relentless on-field intensity was so intimidating that even his wicketkeeper sometimes appealed despite knowing the batter was not out.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

1st Test: Sri Lanka fight back as India push towards big first-innings total

1st Test: Sri Lanka fight back as India push towards big first-innings total

Rediff.com16 Aug 2026

Sri Lanka fought back with seven wickets from Prabath Jayasuriya and Keshara Nuwantha on rain-hit Day 2 of the first Test, but Devdutt Padikkal's superb 167 powered India to 460-9.

The Revolutionaries Review: Flawed Portrayal Of Independence Struggle

The Revolutionaries Review: Flawed Portrayal Of Independence Struggle

Rediff.com11 Sep 2026

The Revolutionaries never draws you into its world nor explains the mind and motivation of its heroes or even the mood within a nation they're going through so much trouble for, observes Sukanya Verma.

Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design

Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design

Rediff.com2 Sep 2026

India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.

Don't travel abroad, don't buy gold: Modi's advice despite GDP growth

Don't travel abroad, don't buy gold: Modi's advice despite GDP growth

Rediff.com1 Sep 2026

Prime Minister Narendra Modi lauded India's 7.8 per cent GDP growth, achieved despite global conflicts and instability. He emphasised the importance of Swadeshi and self-reliance for a developed India by its 100th year of Independence, urging citizens to avoid unnecessary foreign expenditures.

T20 World Cup: Pakistan women's team fined for slow over rate vs India

T20 World Cup: Pakistan women's team fined for slow over rate vs India

Rediff.com16 Jun 2026

Pakistan have been fined five per cent of their match fee for maintaining a slow over-rate against India in their Group A match of the ICC Women's T20 World Cup played at Edgbaston in Birmingham on Sunday.

RBI net bought $561 mn in June, first purchase since Feb

RBI net bought $561 mn in June, first purchase since Feb

Rediff.com26 Aug 2026

The Reserve Bank of India (RBI) net bought $561 million in June, marking its first net purchase since February, following three consecutive months of net sales. This move coincided with a series of government and RBI measures to attract foreign capital, leading to a 0.36 per cent appreciation of the rupee against the dollar.

708 Runs, 10 Wickets: Duleep Trophy Final Yawn!

708 Runs, 10 Wickets: Duleep Trophy Final Yawn!

Rediff.com8 Sep 2026

What should have been a top-draw domestic red-ball clash to kick off the new season featuring some of India's Test stars has quickly turned into a lopsided contest, courtesy of a lifeless pitch heavily loaded in favour of the batters.