News for 'India Reserve'

In a first, Red Fort to echo Vande Mataram on Independence Day

In a first, Red Fort to echo Vande Mataram on Independence Day

Rediff.com13 Aug 2026

For the first time in Independence Day celebrations, 'Vande Mataram' will be rendered at the Red Fort complex during the 79th anniversary on August 15, followed by the recitation of the National Anthem, marking 150 years of the National Song's legacy.

Before Toxic, 15 Films That Broke Their Directors' Moulds

Before Toxic, 15 Films That Broke Their Directors' Moulds

Rediff.com5 days ago

From Sanjay Leela Bhansali and S S Rajamouli to Sundar C and Ayan Mukerji, these 15 filmmakers took a wild detour from their comfort zones, with wildly different results.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

FCRA bill sent to JPC amid strong Oppn protests

FCRA bill sent to JPC amid strong Oppn protests

Rediff.com12 Aug 2026

The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.

Dinesh Trivedi's Dhaka Challenge Has Begun

Dinesh Trivedi's Dhaka Challenge Has Begun

Rediff.com8 Aug 2026

Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com13 Aug 2026

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

Indian Gymnast Protistha Samanta Advances To Vault Final

Indian Gymnast Protistha Samanta Advances To Vault Final

Rediff.com26 Jul 2026

Indian gymnast Protistha Samanta has successfully qualified for the women's vault final at the Commonwealth Games, finishing fifth in the qualification round. While Samanta secured her spot, fellow Indian gymnasts Pranati Nayak, Eshitaa Rewale, and Nishka Agarwal did not advance in individual or all-around events. The Indian women's team also finished ninth in the overall team competition.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com8 Aug 2026

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

Rediff.com2 Aug 2026

The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Rediff.com11 Aug 2026

The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.

We may apply for universal banking licence within a year

"We may apply for universal banking licence within a year"

Rediff.com13 Aug 2026

Equitas Small Finance Bank (SFB) Managing Director and CEO P N Vasudevan stated, "We may end up applying within a year" for a universal banking licence, while also targeting a nearly threefold increase in advances to Rs 1.2 trillion over the next five years.

One Hospitalisation Can Ruin Your Retirement Goals

One Hospitalisation Can Ruin Your Retirement Goals

Rediff.com14 Aug 2026

If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

Rediff.com28 Jul 2026

Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.

Congress Challenges BJP On Women's Reservation Stance

Congress Challenges BJP On Women's Reservation Stance

Rediff.com22 Apr 2026

Maharashtra Congress president Harshwardhan Sapkal criticised the BJP's stance on women's reservation, challenging them to reject ideological texts like the Manusmriti. He accused the BJP of using the issue for political gains and misrepresenting Congress president Mallikarjun Kharge's remarks.

Shah says 'debate', Oppn hits back with 'resign' as protests rock LS

Shah says 'debate', Oppn hits back with 'resign' as protests rock LS

Rediff.com12 Aug 2026

Home Minister Amit Shah has offered to hold a comprehensive debate in Parliament on student protests and other pressing issues, but Congress leader Rahul Gandhi has swiftly rejected the proposal, demanding accountability for actions against students.

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Rediff.com3 Aug 2026

Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

Rediff.com10 Aug 2026

Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.

Unable to find Old Monk rum in stores? This is why

Unable to find Old Monk rum in stores? This is why

Rediff.com5 Aug 2026

Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.

Rs 10, Rs 20 Polymer Notes Approved

Rs 10, Rs 20 Polymer Notes Approved

Rediff.com28 Jul 2026

RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Rediff.com6 Aug 2026

Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.

BIS to scale up silver hallmarking, expand lab network amid rising demand

BIS to scale up silver hallmarking, expand lab network amid rising demand

Rediff.com9 Aug 2026

The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.

Sensex Climbs 374 Points on Heavyweight Buying, Nifty Ends Flat

Sensex Climbs 374 Points on Heavyweight Buying, Nifty Ends Flat

Rediff.com6 Aug 2026

Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.

RBI allows banks to link bulk deposit rates to liquidity profile

RBI allows banks to link bulk deposit rates to liquidity profile

Rediff.com31 Jul 2026

The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.

Trump aide Graham, who backed tariffs on India, passes away

Trump aide Graham, who backed tariffs on India, passes away

Rediff.com12 Jul 2026

US Republican Senator Lindsey Graham, a prominent ally of former President Donald Trump and an influential voice on American foreign policy, has passed away at 71 following a 'brief and sudden illness', leaving a significant void in Washington's political landscape.

'Saffron Has Never Been Traditional Colour Of Indian Hockey': Dhanraj

'Saffron Has Never Been Traditional Colour Of Indian Hockey': Dhanraj

Rediff.com30 Jul 2026

Hockey legend Dhanraj Pillay has voiced his displeasure over the Indian hockey team's decision to adopt saffron as its primary jersey colour, arguing that the blue jersey has been the sport's long-standing identity for decades.

Captaincy Change Won't Fix India Women's Team Problems: Anjum Chopra

Captaincy Change Won't Fix India Women's Team Problems: Anjum Chopra

Rediff.com22 Jul 2026

Former India women's cricket captain Anjum Chopra believes that merely replacing Harmanpreet Kaur as captain will not solve the fundamental issues plaguing the team, citing a significant lack of quality back-up options across all departments.

Centre defends CEC law in SC, says PM's integrity cannot be questioned

Centre defends CEC law in SC, says PM's integrity cannot be questioned

Rediff.com30 Jul 2026

Defending the law for regulating appointment procedures of the chief election commissioner and the deputies, the Centre on Thursday told the Supreme Court that it would be wrong to assume that the prime minister and the other ministers would act in "bad faith" and against "democracy" because they have a numerical majority in the selection procedure.

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

Rediff.com25 Jul 2026

ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

The Week's OTT Releases: Main Vaapas Aaunga, Governor, Operation Safed Sagar

The Week's OTT Releases: Main Vaapas Aaunga, Governor, Operation Safed Sagar

Rediff.com7 Aug 2026

Discover the top OTT releases this week, featuring a compelling mix of Hindi dramas like Imtiaz Ali's Main Vaapas Aaunga and Manoj Bajpayee's Governor, alongside regional and international titles.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

Vinesh Phogat Confirms Appeal Against Brij Bhushan's Acquittal In Sexual Harassment Case

Vinesh Phogat Confirms Appeal Against Brij Bhushan's Acquittal In Sexual Harassment Case

Rediff.com3 Aug 2026

World Championships medallist Vinesh Phogat announced that women wrestlers will appeal a Delhi court's decision to acquit former Wrestling Federation of India chief Brij Bhushan Sharan Singh and Vinod Tomar in a sexual harassment case.

RBI Governor Discusses Future Of Digital Payment Merchant Discount Rate

RBI Governor Discusses Future Of Digital Payment Merchant Discount Rate

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.

'Mid- Small-Caps May Deliver More Selective Returns'

'Mid- Small-Caps May Deliver More Selective Returns'

Rediff.com28 Jul 2026

'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

Why make Vaibhav Sooryavanshi vice-captain now? Bhogle questions

Why make Vaibhav Sooryavanshi vice-captain now? Bhogle questions

Rediff.com31 Jul 2026

Veteran commentator Harsha Bhogle has raised concerns over the appointment of 15-year-old Vaibhav Sooryavanshi as East Zone's vice-captain for the Duleep Trophy, citing his limited red-ball experience, while selectors defend the decision as a long-term learning opportunity.

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.