News for 'Lines of Credit'

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.

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.

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).

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.

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.

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.

UTI woos banks for fresh credit line

UTI woos banks for fresh credit line

Rediff.com27 Mar 2003

'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.

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.

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.

'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.'

IPL 2025: 'Nitish Rana played an incredible knock'

IPL 2025: 'Nitish Rana played an incredible knock'

Rediff.com31 Mar 2025

New Zealand batting great Kane Williamson praised Nitish Rana's match-winning 36-ball 81 against Chennai Super Kings on Sunday.

'Emphasis was on focussing on our skills, not the opposition's'

'Emphasis was on focussing on our skills, not the opposition's'

Rediff.com10 Mar 2025

There were moments in past tournaments where we weren't able to finish games or capitalise on crucial situations. But this time, we learned from those experiences,

F1: Verstappen edges Norris for Japanese GP pole

F1: Verstappen edges Norris for Japanese GP pole

Rediff.com5 Apr 2025

World champion Max Verstappen took pole position for the Japanese Grand Prix on Saturday, stunning the McLarens with a late flying lap.

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.

'U-turn' vs 'game changer': Caste census sparks war of words

'U-turn' vs 'game changer': Caste census sparks war of words

Rediff.com1 May 2025

Caste census politics took centre stage on Thursday with the Congress terming the government's decision as a 'diversionary tactic' and a move for headlines management and the Bharatiya Janata Party saying it has exposed the difference between the Centre's 'true intentions' and the 'empty sloganeering' of the opposition party.

What will be the right playing combos for India in CT?

What will be the right playing combos for India in CT?

Rediff.com20 Jan 2025

Raina also laid emphasis on how Kuldeep Yadav could be a lynchpin in India's success.

When India Threatened Lahore To Stop Pakistan's Moves In J&K

When India Threatened Lahore To Stop Pakistan's Moves In J&K

Rediff.com28 May 2025

In what was perhaps the most critical meeting before full-scale war broke out, Shastri defined India's immediate war objectives to his defence minister, army, and air force chiefs: 'To defend against Pakistan's attempts to grab Kashmir by force and to make it abundantly clear that Pakistan would never be allowed to wrest Kashmir from India; To destroy the offensive power of Pakistan's armed forces...' A fascinating excerpt from Shiv Kunal Verma's must-read 1965: A Western Sunrise India's War With Pakistan.

Israel Took 6 Days, India Nailed In 2!

Israel Took 6 Days, India Nailed In 2!

Rediff.com15 May 2025

'For weeks, months and years, it would continue to be debated if India should have pushed the early advantage and decapacitated Pakistan militarily.' 'India refused to bite the provocatively proverbial bullet and escalate it into a full-fledged war,' notes N Sathiya Moorthy.

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

Rediff.com22 Jan 2025

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. On a standalone basis, the largest private sector lender's net profit came at Rs 16,735.50 crore for the period, up from Rs 16,372.54 crore in the year-ago period, but marginally down from the preceding quarter's Rs 16,820.97 crore.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

CSK Vs MI: Who Bowled Best?

CSK Vs MI: Who Bowled Best?

Rediff.com24 Mar 2025

Here are how the bowlers fared on a wicket that was gripping and not easy for batters.

'We want to create an all-weather franchise'

'We want to create an all-weather franchise'

Rediff.com10 Dec 2024

'We have seen something do very well when the times are good but maybe not as well when the times are bad.'

Self-belief brings Axar renewed success

Self-belief brings Axar renewed success

Rediff.com3 Mar 2025

Axar also patted fellow spinner Varun Chakravarthy (5/42) for coming up with a match-winning spell.

After The Ceasefire: What Can India Expect?

After The Ceasefire: What Can India Expect?

Rediff.com12 May 2025

'One good outcome of Operation Sindoor -- perhaps, its best outcome -- could be that India has resumed meaningful contact directly with Pakistan at the military-to-military level,' observes Ambassador M K Bhadrakumar.

'Want To Stop Saving In PPF. Is It Ok?'

'Want To Stop Saving In PPF. Is It Ok?'

Rediff.com6 May 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

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.

GT Vs MI: Who Bowled Best? VOTE!

GT Vs MI: Who Bowled Best? VOTE!

Rediff.com30 Mar 2025

Here's how the bowlers fared in Ahmedabad...

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.

'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.'

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.

Archie and friends celebrate Holi in new comic book

Archie and friends celebrate Holi in new comic book

Rediff.com14 Mar 2025

Archie Comics has released a new story featuring the celebration of Holi in India. The 10-page story, titled "Celebration Surprise," appears in "The World of Betty & Veronica digest #38." Co-CEO of Archie Comic Publications Nancy Silberkleit said the story was inspired by her own experiences celebrating Holi in India and her desire to celebrate Om Arora, the owner of Delhi-based Variety Book Depot, who has been a long-time distributor of Archie Comics in India.

Trump's Tariffs: India Should Be Worried

Trump's Tariffs: India Should Be Worried

Rediff.com4 Apr 2025

While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.

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.

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.

Exiting Markets Now Could Cost You

Exiting Markets Now Could Cost You

Rediff.com21 Apr 2025

Investors should avoid making drastic changes to their asset allocation during a market correction.

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.

PIX: Chhetri scores on return as India trounce Maldives

PIX: Chhetri scores on return as India trounce Maldives

Rediff.com19 Mar 2025

First win for India since Nov 2023 and first under coach Manolo Marquez.