News for 'Line of Credit'

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.

PIX: Villarreal shock Barcelona; Napoli, Inter held

PIX: Villarreal shock Barcelona; Napoli, Inter held

Rediff.com19 May 2025

Villarreal fought back to shock Barcelona 3-2 on Sunday, handing the LaLiga champions their first league defeat since late December.

PM proposes USD 1bn line of credit for connectivity with ASEAN

PM proposes USD 1bn line of credit for connectivity with ASEAN

Rediff.com21 Nov 2015

PM Modi proposed a USD one billion line of credit to promote projects that support physical and digital connectivity between India and ASEAN.

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.

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.

'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.

'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.'

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.

'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.

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.

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.'

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.

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'.

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.

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.

'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.'

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.

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.

'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.'

Covid Wanes, Credit Card Spending Rises

Covid Wanes, Credit Card Spending Rises

Rediff.com8 Sep 2021

'Spends are likely to increase from the current levels because recovery is yet to fully be over.'

Credit card spends touch all-time high of Rs 1.16 trillion in July

Credit card spends touch all-time high of Rs 1.16 trillion in July

Rediff.com31 Aug 2022

Credit card spends touched an all-time high of Rs 1.16 trillion in July, registering a growth of 6.5 per cent on a month-on-month basis and 54 per cent year-on-year, latest data put out by the Reserve Bank of India revealed. Spends have topped the Rs 1 trillion level for five consecutive months now. Industry participants are expecting further tailwinds in credit card spends with the onset of the festive season, where spends typically remain at an elevated level.

Karnataka beat Vidarbha for fifth Vijay Hazare crown

Karnataka beat Vidarbha for fifth Vijay Hazare crown

Rediff.com19 Jan 2025

Karnataka won their fifth Vijay Hazare Trophy title, defeating Vidarbha by 36 runs in a high-scoring final. Smaran Ravichandran's stylish century (101 off 92) and Abhinav Manohar's blistering 79 off 42 propelled Karnataka to a commanding total of 348 for 6. Dhruv Shorey's third consecutive century (110) went in vain for Vidarbha, who were all out for 312 in 48.2 overs despite Harsh Dubey's explosive 63 off 30 balls.

BJP shouldn't give Oscar win credit to Modi: Kharge

BJP shouldn't give Oscar win credit to Modi: Kharge

Rediff.com14 Mar 2023

Actor and Samajwadi Party MP Jaya Bachchan said she was happy that the House was discussing the most important ambassadors of the country, the film fraternity.

'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.'

How Kohli inspired team-mates and rivals at Kotla

How Kohli inspired team-mates and rivals at Kotla

Rediff.com30 Jan 2025

Virat Kohli's presence was enough to inspire and overwhelm his teammates and opponents alike in one of the most keenly followed matches in the history of Ranji Trophy.

Criticism unfair! Don't write off SA in WTC final: ABD

Criticism unfair! Don't write off SA in WTC final: ABD

Rediff.com12 Jan 2025

AB de Villiers feels the criticism that has come South Africa's way is unwarranted and they have rather done well to reach the WTC final despite experiencing "so many changes" in the last three to five years.

How to improve your credit score this Eid

How to improve your credit score this Eid

Rediff.com12 Sep 2016

Sacrifice these common misconceptions to improve your credit score this Eid

When Modi's offer 'alarmed' Trump's security detail

When Modi's offer 'alarmed' Trump's security detail

Rediff.com17 Mar 2025

'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.

Was watching movie when I was told I was playing: Iyer

Was watching movie when I was told I was playing: Iyer

Rediff.com6 Feb 2025

A surprise late night call from India captain Rohit Sharma alerted Shreyas Iyer about replacing Virat Kohli in Thursday's first ODI against England.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.

Uddhav takes swipes at Centre, BJP during inauguration Metro lines in Mumbai

Uddhav takes swipes at Centre, BJP during inauguration Metro lines in Mumbai

Rediff.com3 Apr 2022

Thackeray inaugurated Lines 2-A and 7 of Mumbai Metro, which connect the western suburbs of Andheri and Dahisar.

Exporters demand fiscal incentives, credit at affordable rates in Budget

Exporters demand fiscal incentives, credit at affordable rates in Budget

Rediff.com24 Nov 2022

Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.

How to make the most of RBI's new customer-friendly credit card rules

How to make the most of RBI's new customer-friendly credit card rules

Rediff.com9 May 2022

The Reserve Bank of India (RBI) announced new rules for credit cards, applicable from July 1. "These directions cover the general and conduct regulations relating to credit, debit and co-branded cards which shall be read along with prudential, payment and technology & cyber security related directions applicable to credit, debit and co-branded cards, as issued by the Reserve Bank," the circular by RBI said. Business Standard culled out key rules from the list, and asked financial experts for advice on them, along with the thumb rules one needs to follow while using credit cards.

Women's HIL: Jansen stars as Odisha Warriors hammer Bengal Tigers

Women's HIL: Jansen stars as Odisha Warriors hammer Bengal Tigers

Rediff.com20 Jan 2025

The two sides had played out a 1-1 draw three days ago in Ranchi with the Odisha Warriors then winning the penalty shootout thanks to goalkeeper Jocelyn Bartram's heroics.

Budget will revitalise agri sector, rural economy

Budget will revitalise agri sector, rural economy

Rediff.com4 Feb 2025

Recent documents by NITI Aayog and periodic labour force surveys on employment show that the importance of agriculture is rising in the Indian economy.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

Time To Avoid Stock Markets?

Time To Avoid Stock Markets?

Rediff.com9 Oct 2024

The narrative on China is changing post the recent stimulus measures, and it will be hard for global investors to ignore the Chinese markets.

How Australia's plans were altered on Day 4

How Australia's plans were altered on Day 4

Rediff.com29 Dec 2024

'...there was a time there where it could have been 250 or 270 (run lead) or maybe even less there for a bit.'

De-risking loan portfolio likely a top priority for new Bandhan CEO

De-risking loan portfolio likely a top priority for new Bandhan CEO

Rediff.com15 Oct 2024

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.

ISL: Odisha beat East Bengal to extend unbeaten streak

ISL: Odisha beat East Bengal to extend unbeaten streak

Rediff.com12 Dec 2024

Odisha FC overcame East Bengal FC 2-1 in Kolkata on Thursday to extend their unbeaten streak in this Indian Super League season to five games.