The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.
Police are investigating the bank accounts of those arrested in connection with the sexual harassment and religious conversion case involving women employees of an IT firm in Nashik to determine if they received funds for illegal activities. A special investigation team (SIT) is handling the case.
In a strategic move for the upcoming West Bengal elections, the BJP has announced its first candidate list, highlighted by Suvendu Adhikari challenging Mamata Banerjee in both Nandigram and Bhabanipur.
Indian pistol and rifle shooters are determined to continue their winning streak at the ISSF World Cup in Granada, Spain, despite missing key players.
The high-pitched campaign for the first phase of West Bengal assembly elections concluded with the BJP and TMC focusing on electoral rolls and dietary habits, while making promises to voters. Voting is scheduled in 152 constituencies across north Bengal and southern districts, with over 3.60 crore electors eligible to vote. A record number of Central paramilitary forces have been deployed, and several districts have been identified as highly sensitive.
Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.
CRISIL Ratings predicts that the share of bank loans in NBFCs' overall borrowings will increase to 44-45 per cent by FY27, driven by elevated bond yields and softening bank lending rates.
The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.
Sonam Maskar finished fifth in the women's 10m air rifle final at the World Cup in Granada, as India concluded their campaign with one gold medal. Wang Zifei of China won gold in the event.
In India's title-winning ICC Women's World Cup, Richa scored 235 runs in eight innings at an average of 39.16 and a strike rate of over 133, with a brilliant, innings-saving 94 against South Africa as her best knock.
India's retail inflation marginally increased to 3.4 per cent in March, up from 3.21 per cent in February, primarily due to an uptick in certain food items and the initial impact of the West Asia crisis on fuel prices, according to government data.
Indian batter Jemimah Rodrigues admitted the team was short of runs in the opening women's T20I against South Africa, but emphasised the series offers a valuable opportunity for the batting unit, especially the allrounders, to prepare for the upcoming World Cup.
India's unemployment rate for individuals aged 15 and older increased to 5.1 per cent in March 2026, up from 4.9 per cent in February, primarily due to a rise in joblessness in urban areas, according to government data.
OpenAI reports India is a leading AI market with strengths in coding, data analysis, and reasoning, but adoption is heavily concentrated in top cities, highlighting a significant regional disparity.
Sunrisers Hyderabad, buoyed by the emergence of young pace bowlers Praful Hinge and Sakib Husain, are confident heading into their IPL match against Chennai Super Kings. The uncapped duo made an immediate impact in the previous match, giving SRH a new edge.
Three police personnel in Pune, including a social media influencer, are accused of extorting a college principal by threatening to falsely implicate him in a sexual harassment case.
Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.
A man in Bengaluru was arrested for uploading a misleading video claiming a person was under the influence of a 'zombie drug,' leading to public panic and misinformation.
'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.'
New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.
The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.
Police in Una, Himachal Pradesh, are investigating the alleged sexual assault of a class 6 student who was reportedly abducted and held captive for several hours.
The Indian government and opposition parties are set for a showdown in Parliament over a Constitution amendment bill concerning the implementation of the women's quota law and the delimitation exercise. The Opposition is concerned about the potential impact of delimitation on the political representation of southern states.
Amritpal Singh Mehron, the main suspect in the murder of social media influencer Kanchan Kumari, has been arrested after being deported to India from the Middle East.
Amritpal Singh Mehron, the primary suspect in the murder of social media influencer Kanchan Kumari, has been arrested after being deported to India from the Middle East. He was apprehended at Delhi's airport and is now in police custody.
The BJP has nominated the mother of a victim in the RG Kar case from Panihati constituency for the upcoming West Bengal elections, aiming to leverage public outrage over the incident. This move is part of a broader strategy to challenge the ruling TMC by highlighting issues of women's safety and governance.
Several opposition parties on Wednesday decided to jointly oppose the delimitation provisions in the Constitution amendment bill in Parliament, even as they reiterated support for women's reservation, with Mallikarjun Kharge alleging the move is politically motivated.
A political controversy has erupted in West Bengal following the emergence of an alleged video purportedly showing Humayun Kabir claiming links with senior BJP leaders and efforts to defeat Chief Minister Mamata Banerjee in the upcoming Assembly elections.
The TMC has accused the BJP of instigating unrest in Malda, West Bengal, and criticised Prime Minister Modi for allegedly spreading misinformation regarding women's safety in the state. The BJP denies the allegations, asserting that the TMC is responsible for lawlessness.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The men's doubles competition at the 87th UTT Senior National Table Tennis Championships saw top-seeded West Bengal crash out, with Tamil Nadu's M.R. Balamurugan and Siddhesh Pande causing a major upset.
A 55-year-old man, Ganesh Kashinath Pawar, accused in a cheque bounce case, died of a heart attack at Beed district jail in Maharashtra. He was in judicial custody after failing to appear in court.
The Trinamool Congress (TMC) has shared a purported video of Humayun Kabir, alleging a BJP conspiracy to influence the West Bengal elections. The video claims Kabir discussed strategies to divert minority votes and received funds for the plan. The BJP has denied the allegations, while Kabir claims the video is AI-generated and threatens legal action.
The Supreme Court has criticised the Ghaziabad police's investigation into the rape and murder of a four-year-old girl, summoning senior officials and demanding a court-monitored probe.
A political controversy has erupted in West Bengal following the emergence of an alleged video of Humayun Kabir, purportedly claiming links with senior BJP leaders and efforts to defeat Chief Minister Mamata Banerjee in the upcoming Assembly elections.
Film folk attended the prayer service for Manish Malhotra's mother in Mumbai.
Whether it's a movie or walking on the ramp -- Nimrat Kaur was the showstopper for Jajaabor by the husband-wife duo, Kanika Sachdev and Neelanjan Ghosh at the Lakme Fashion Week x FDCI -- she practises, practises, practises.
Everybody Loves Sohrab Handa is a well-acted, smartly written murder mystery with a finely tuned performances from Vinay Pathak and the rest of the cast, notes Sreeju Sudhakaran.
Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.
'Who among Opposition party MPs has so much power that they raise some issue and the government implements it? The answer is no one except Raghav Chadha.'
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