News for 'Line of Credit'

'Trump Has Been Threatening India'

'Trump Has Been Threatening India'

Rediff.com25 Mar 2025

'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'

'He just needs to go about doing his routines'

'He just needs to go about doing his routines'

Rediff.com21 Nov 2024

'The real question here is that whenever you are going to play for India, when you are going to represent your national team, there is going to be pressure.'

HAL Addresses IAF Chief's Concerns

HAL Addresses IAF Chief's Concerns

Rediff.com12 Feb 2025

'Our production capacity ramp-up initiatives are expected to meet the critical requirements of our armed forces.'

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

IPL PIX: Rahul dazzles as DC hand CSK a thrashing!

IPL PIX: Rahul dazzles as DC hand CSK a thrashing!

Rediff.com5 Apr 2025

K L Rahul stroked a fluent half-century as a dominant Delhi Capitals outclassed Chennai Super Kings by 25 runs.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Valuations support ICICI Prudential Life despite margin challenges

Valuations support ICICI Prudential Life despite margin challenges

Rediff.com30 Jan 2025

ICICI Prudential Life Insurance (IPRU) disappointed the market even though some analysts said the Q3FY25 results were in line. Most analysts cut margin estimates. The insurer reported M9FY25 growth of 8.5 per cent year-on-year (Y-o-Y) in value of new business (VNB) premium to Rs 1,575 crore, while total annual premium equivalent (APE) grew 27.2 per cent to Rs 6,910 crore.

Will TDP, JD-U Toe BJP Line On Hindutva?

Will TDP, JD-U Toe BJP Line On Hindutva?

Rediff.com5 Jun 2024

The TDP and JD-U will have a lot to answer inside Parliament, day after day, session after session, notes N Sathiya Moorthy.

'Post acquisition funding cost will come down'

'Post acquisition funding cost will come down'

Rediff.com29 Jan 2025

'Earlier, our cost of funds was higher than most in the peer group.'

Siraj had a niggle but still kept on bowling: Bumrah

Siraj had a niggle but still kept on bowling: Bumrah

Rediff.com16 Dec 2024

Jasprit Bumrah revealed that Mohammed Siraj has been bowling with a niggle and praised him for fighting through pain.

Anuja Review: Oscar Hopeful Aims For The Heart

Anuja Review: Oscar Hopeful Aims For The Heart

Rediff.com6 Feb 2025

Palak and Anuja endear us to their bittersweet world, observes Sukanya Verma.

Flipkart-backed super.money aims to be among top five on UPI leaderboard

Flipkart-backed super.money aims to be among top five on UPI leaderboard

Rediff.com27 Aug 2024

Flipkart-backed fintech firm super.money is aiming to be among the top five players on the Unified Payments Interface (UPI) leaderboard by the end of this year, a senior company executive has said. The company, which rolled out its beta version in June this year, has processed about 10 million transactions till date. "We have a target of 100 million transactions for the end of the year.

Would have chosen Usha Vance as my VP, but...: Trump

Would have chosen Usha Vance as my VP, but...: Trump

Rediff.com21 Jan 2025

Usha Chilukuri Vance, the wife of newly sworn-in Vice President JD Vance, has made history as the first Indian-American and Hindu Second Lady of the United States. Usha, a lawyer and daughter of Indian immigrants, held the Bible during Vance's oath of office, signifying her role in supporting her husband's political journey. Her background and her husband's rise to the Vice Presidency highlight the growing political influence of Indian Americans and their increasing representation in national politics.

'Wasn't nice, but tactical decision to retire Tilak Verma'

'Wasn't nice, but tactical decision to retire Tilak Verma'

Rediff.com5 Apr 2025

Tilak Verma, who has two T20I hundreds for India and is one of the pillars of the core MI set-up, had scored just 25 off 23 balls, inclusive of two boundaries, when Mitchell Santner, with a career IPL strike-rate of 106, was sent in.

UTI woos banks for fresh credit line

UTI woos banks for fresh credit line

Rediff.com27 Mar 2003

Yogi rewards 75K cops with Rs 10K bonus, leave for Kumbh service

Yogi rewards 75K cops with Rs 10K bonus, leave for Kumbh service

Rediff.com28 Feb 2025

The Uttar Pradesh government has announced a special Rs 10,000 bonus and the 'Maha Kumbh Seva Medal' for 75,000 police personnel who served during the Maha Kumbh in Prayagraj. Chief Minister Yogi Adityanath praised the police force's efforts in managing the grand religious event, highlighting the event's economic impact and the transformation of the UP Police into a "Mitra Police." He also emphasized the state government's commitment to police welfare and infrastructure development, citing increased recruitment and budget allocation.

FA Cup PIX: Manchester City survive; Chelsea crash out

FA Cup PIX: Manchester City survive; Chelsea crash out

Rediff.com9 Feb 2025

Some lament the FA Cup having lost much of its romance in recent years, in the face of obsession with the Premier League, but this tie had it in bucket loads.

15-year-old Kartik stuns golf world, makes Asian Tour history

15-year-old Kartik stuns golf world, makes Asian Tour history

Rediff.com1 Feb 2025

15-year-old Indian amateur golfer Kartik Singh made history by becoming the youngest player from the subcontinent to make the cut in an Asian Tour event at the International Series India.

The story behind Nirmala's sari

The story behind Nirmala's sari

Rediff.com1 Feb 2025

Union Finance Minister Nirmala Sitharaman is often known for making statements with her sarees on Budget Day. Each year, she wears a saree that represents India's rich textile heritage and traditional craftsmanship, and this year was no different. This year, Sitharaman chose to wear a beautiful off white saree with intricate golden work, paired with a red blouse and a shawl while carrying her trademark 'bahi-khata', a tablet wrapped in a red-coloured cloth with a golden-coloured national emblem embossed on it.

'Trump uncertainty will not affect India investment'

'Trump uncertainty will not affect India investment'

Rediff.com17 Mar 2025

'There is no linkage as far as the Indian power-generating business is concerned.'

High points of Sitharaman's 8th Union Budget

High points of Sitharaman's 8th Union Budget

Rediff.com1 Feb 2025

These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.

The Scotsman Who Loves India

The Scotsman Who Loves India

Rediff.com18 Apr 2025

'You have to separate the concept of India as a nation State which is very young and the Upanishadic wisdom which is timeless.'

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.

Kesari Chapter 2 Review: Ahistorical, But Entertaining

Kesari Chapter 2 Review: Ahistorical, But Entertaining

Rediff.com19 Apr 2025

If you disregard history and are ready to watch Kesari 2 purely as an entertainer, you are definitely going to enjoy it, feels Utkarsh Mishra.

New norm for RuPay credit card use on UPI

New norm for RuPay credit card use on UPI

Rediff.com5 Oct 2022

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction, a recent NPCI circular said. RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments. "During credit card on-boarding on the apps, the device binding and UPI PIN setting process shall include and be construed as customer consent for credit card enablement for all types of transactions," the circular dated October 4 said.

Ranji Trophy Final: Sarwate leads Kerala's strong reply on Day 2

Ranji Trophy Final: Sarwate leads Kerala's strong reply on Day 2

Rediff.com27 Feb 2025

Aditya Sarwate's unbeaten 66 anchored Kerala's strong reply as the visitors reached 131/3 at stumps on Day 2 of the Ranji Trophy final, after restricting hosts Vidarbha to 379.

'Rohit's century a huge boost ahead of Champions Trophy'

'Rohit's century a huge boost ahead of Champions Trophy'

Rediff.com9 Feb 2025

Rohit Sharma smashed his 32nd ODI century -- a 90-ball 119 -- to guide India to a four-wicket victory over England.

IPL money inflow shot in the arm for county cricket

IPL money inflow shot in the arm for county cricket

Rediff.com13 Feb 2025

While GBP 50 million is earmarked for grassroots and recreational cricket, the 18 English county teams will get a share of GBP 470 million with larger pie allocated for those clubs that don't own a 'Hundred Franchise'.

HDFC Bank issues record credit cards in third quarter

HDFC Bank issues record credit cards in third quarter

Rediff.com24 Jan 2022

In the quarter gone by (Q3 of FY22), private lender HDFC Bank issued around 950,000 credit cards, its highest ever credit card issuance in any single quarter. Since the Reserve Bank of India (RBI) revoked the embargo on it in August 2021 to issue new credit cards, the lender has issued 1.37 million credit cards. This is according to a senior bank executive, who was present in an analysts' call after the lender's Q3 earnings. In Q3, we achieved the highest ever issuance, with 950,000 card issuances.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

India announces $1 bln credit line to Mongolia

India announces $1 bln credit line to Mongolia

Rediff.com17 May 2015

India announces $1 bln credit line to Mongolia.

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

'Treated Jallianwala Massacre With Sensitivity'

'Treated Jallianwala Massacre With Sensitivity'

Rediff.com6 Mar 2025

'When you are taking on something which is this big in India, there are so many pressures about wanting to do justice to them, so I am still scared.'

Bharti Airtel gets credit line of $2.5 bln from Chinese banks

Bharti Airtel gets credit line of $2.5 bln from Chinese banks

Rediff.com16 May 2015

Bharti Airtel has received financing commitments of up to $2.5 billion from top Chinese banks.

'Trump Wants To Avoid Conflict With China'

'Trump Wants To Avoid Conflict With China'

Rediff.com16 Jan 2025

'The President-elect firmly believes we can avoid conflict with the Chinese Communist party because they need our markets.'

ISL: FC Goa climb to 2nd spot with win over Odisha FC

ISL: FC Goa climb to 2nd spot with win over Odisha FC

Rediff.com6 Feb 2025

FC Goa secured a 2-1 victory over Odisha FC in the Indian Super League, climbing to second place in the standings.

Standalone health, private multi-line insurance players see more gains

Standalone health, private multi-line insurance players see more gains

Rediff.com28 Sep 2023

Core retail segments like motor and health continue to report strong growth of 19-20 per cent with competitive intensity still visible in the motor OD (owner driven) segment. Commercial lines reported muted growth. Group health remains a key driver. Among the listed companies, ICICI Lombard continues to trail in the motor section while Star Health has lost its Y-o-Y retail market share although its better on a sequential basis.

The Stumps Show: Can Bowlers Give India Edge On Day 2?

The Stumps Show: Can Bowlers Give India Edge On Day 2?

Rediff.com6 Dec 2024

At the end of the first day of play, it is the home side that is firmly in control, and India that is now reduced to chasing the game.

'It Was Always About The Bride'

'It Was Always About The Bride'

Rediff.com25 Feb 2025

'Her story, her life, her aspirations and struggles...' 'Indian weddings are not just about fuschia, pink and dancing. They have many nuances.'