News for 'Line of Credit'

Who Says India Is Friendless?

Who Says India Is Friendless?

Rediff.com7 Jun 2025

The reality is that far from being friendless, India is better positioned in the world than at any point post-Cold War, asserts Shekhar Gupta.

'If India Thinks It Has Deterred Pakistan, It Is Very, Very Mistaken'

'If India Thinks It Has Deterred Pakistan, It Is Very, Very Mistaken'

Rediff.com23 May 2025

'There's a lot of sense in what Prime Minister Modi did, but the Indian government has to be really prepared for a really sharp escalation spiral.'

Karn puts brakes on Karun show to resuscitate MI's campaign

Karn puts brakes on Karun show to resuscitate MI's campaign

Rediff.com14 Apr 2025

Karn Sharma showed a lot of heart, says MI skipper Pandya

'Yes Bank has solved the asset quality problem'

'Yes Bank has solved the asset quality problem'

Rediff.com17 May 2025

'Now we have one of the best asset qualities in the industry.'

Is BJP The 'Party-Splitter' In TN Too?

Is BJP The 'Party-Splitter' In TN Too?

Rediff.com21 Jun 2025

Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts

Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts

Rediff.com15 Nov 2023

The stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. This, along with controlled credit costs, should aid the outlook of the stock which has been underperforming the markets for some time now. "We believe delivery of growth on guided lines, sustenance of NIMs near current levels, and controlled asset quality parameters aiding controlled credit costs should lead to strong profitability and drive re-rating of the stock," said analysts at JM Financial.

'It is a crime!': Hardik Pandya, on his no-ball fiasco

'It is a crime!': Hardik Pandya, on his no-ball fiasco

Rediff.com7 May 2025

Mumbai Indians captain Hardik Pandya classified the no-balls that he and his fellow-bowlers sent down as a "crime" in the aftermath of the three-wicket defeat to Gujarat Titans via the DLS method in a pulsating IPL encounter at the Wankhede stadium on Tuesday.

Let them attack, I'll anchor: Kohli's winning mantra

Let them attack, I'll anchor: Kohli's winning mantra

Rediff.com20 Apr 2025

Virat Kohli's unbeaten 73 off 54 balls led Royal Challengers Bangalore to a seven-wicket victory over Punjab Kings in the Indian Premier League (IPL) 2023.

Buttler scripts T20I record vs India...

Buttler scripts T20I record vs India...

Rediff.com26 Jan 2025

The record was previously held by West Indies batter Nicholas Pooran (592 runs in 20 matches).

UTI woos banks for fresh credit line

UTI woos banks for fresh credit line

Rediff.com27 Mar 2003

Mission: Impossible - The Final Reckoning Review: Mission Accomplished

Mission: Impossible - The Final Reckoning Review: Mission Accomplished

Rediff.com17 May 2025

The Final Reckoning, with all its startling ambition and scope, puts a dazzling display of stunt-work by Tom Cruise, applauds Mayur Sanap.

Benefited a lot from working with Jassibhai: Rana

Benefited a lot from working with Jassibhai: Rana

Rediff.com21 Feb 2025

India pacer Harshit Rana credited seasoned speedster Jasprit Bumrah for shaping his consistency and adaptability at the highest level.

Banks get 8 months to effect TCS on international credit card spend

Banks get 8 months to effect TCS on international credit card spend

Rediff.com31 Jul 2023

The central government has given banks and credit card entities six to eight months to put in place the requisite reporting mechanism and related features to collect tax at source on international credit card transactions, a senior bureaucrat told Business Standard. According to the bureaucrat, the plan to bring overseas credit cards under the Liberalised Remittance Scheme (LRS) has not been mothballed and is simply being deferred so that banks get adequate time to get the system up and running. The official expects the reporting mechanism to be ready in the given time, and the rule could be implemented in the next financial year (2024-25, or FY25).

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Rediff.com26 Dec 2024

Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

Rohit credits '3 pillars' for India's T20 World Cup triumph

Rohit credits '3 pillars' for India's T20 World Cup triumph

Rediff.com22 Aug 2024

Rohit Sharma said the feeling of winning the World Cup that ended India's decade-long drought in global tournaments could not be described in words.

Delhi Capitals 'hurting' after losing another WPL final

Delhi Capitals 'hurting' after losing another WPL final

Rediff.com16 Mar 2025

Delhi Capitals head coach Jonathan Batty says maybe the occasion got to the players as his team lost its third straight final in the Women's Premier League.

'Really proud of Prince'

'Really proud of Prince'

Rediff.com28 Mar 2025

Deservingly, Shardul Thakur got the Player of The Match award fir his four wickets and Marsh couldn't have been more generous in his praise.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

SC bats for 'one rank one pension' for all ex-HC judges

SC bats for 'one rank one pension' for all ex-HC judges

Rediff.com19 May 2025

The Supreme Court on Monday directed uniform pension benefits for all retired high court judges, irrespective of their mode of appointment or tenure, saying "one rank one pension has to be the norm in respect of a constitutional office".

'Pakistan Working Committee': BJP slams Cong for doubting Balakot strike

'Pakistan Working Committee': BJP slams Cong for doubting Balakot strike

Rediff.com3 May 2025

The BJP on Saturday accused the Congress of repeatedly supplying "oxygen" to Pakistan, and slammed the opposition party for its leader Charanjit Singh Channi's remarks questioning the veracity of Balakot air strikes after the 2019 Pulwama terror attack. BJP national spokesperson Sambit Patra alleged that the Congress is full of pro-Pakistan leaders who make statements against India's interests, and mocked the party for its letter that had advised its functionaries to toe the official line on the issue. Patra also criticized other Congress leaders for their comments on the Pulwama and Pahalgam terror attacks, accusing them of lowering the morale of the armed forces. He further slammed the Congress for claiming credit for the government's announcement of the caste census and said the party never carried out the exercise during its over 60-year stint in power.

Inside Story of Why Abhishek Nayar Was Let Go by BCCI

Inside Story of Why Abhishek Nayar Was Let Go by BCCI

Rediff.com17 Apr 2025

The Indian cricket team's assistant coach Abhishek Nayar has been sacked just eight months

India Should Tread Warily On Battlefield

India Should Tread Warily On Battlefield

Rediff.com1 May 2025

Pakistan has warned the international community that any military moves by India shall be 'responded to assuredly and decisively... onus of any escalatory spiral and its consequences shall squarely lie with India.' Implicit in the statement is a veiled threat that even a nuclear threshold may be reached if push comes to shove, warns Ambassador M K Bhadrakumar.

The Sikandar You Must Watch Instead

The Sikandar You Must Watch Instead

Rediff.com2 Apr 2025

Salman Khan's Sikandar may not be the spectacle one hoped it would be. Many decades ago, Sohrab Modi made the historical extravaganza Sikandar that continues to inspire audiences today.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

PIX: Injury halts Dimitrov's charge on struggling Sinner

PIX: Injury halts Dimitrov's charge on struggling Sinner

Rediff.com8 Jul 2025

Novak Djokovic reached the Wimbledon quarter-finals for the 16th time but it proved a hard day's work at his Centre Court office.

Patidar opens up on captaining Kohli

Patidar opens up on captaining Kohli

Rediff.com23 Mar 2025

Patidar made a bright beginning to his stint as RCB captain, leading his side to a seven-wicket win over Kolkata Knight Riders in the opening game of the IPL 2025 in Kolkata on Saturday.

Buttler gutted: 'Am I part of the problem or solution'

Buttler gutted: 'Am I part of the problem or solution'

Rediff.com27 Feb 2025

Embattled England captain Jos Buttler will spend the next few weeks analyzing whether he is "part of the problem or the solution" before taking a call on his future as the team's leader following the Champions Trophy ouster after a stunning defeat to Afghanistan.

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Rediff.com23 Apr 2025

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.

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.

Key takeaways from RBI's Monetary Policy

Key takeaways from RBI's Monetary Policy

Rediff.com6 Dec 2024

RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.

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.

'High Probability Of Lowering Repo Rate'

'High Probability Of Lowering Repo Rate'

Rediff.com5 Feb 2025

'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

Oppn questions 'US-brokered' ceasefire; BJP hails Modi

Oppn questions 'US-brokered' ceasefire; BJP hails Modi

Rediff.com10 May 2025

Hours after, however, firing from the Pakistani side was reported in Akhnoor sector in Jammu and Kashmir. Drones were also seen in the Pir Panjal area.

'Retirement In Your Hands, But Playing For India Not'

'Retirement In Your Hands, But Playing For India Not'

Rediff.com6 Jan 2025

'If the chairman of selectors believes in the future health of Indian cricket, he has the power to decide whether your career should end now, whether you get a few more matches, or one more series.'

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.

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

How Much Do Weddings Cost These Days?

How Much Do Weddings Cost These Days?

Rediff.com14 Dec 2024

Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.