The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
The share of investments held by the top 10 investors across smallcap mutual fund schemes has been on a decline, falling to a 14-month low in March 2025, shows an analysis of data from the Association of Mutual Funds in India (Amfi). The median smallcap scheme has 2.03 per cent of its investments coming from the top 10 investors, compared to 2.43 per cent a year ago.
The Maharashtra government, led by a coalition of the BJP and Shiv Sena, has admitted that it cannot increase the monthly financial aid under the Ladki Bahin Yojana to Rs 2,100, as promised during the 2024 assembly polls. The government cites severe financial stress as the reason. Social Justice Minister Sanjay Shirsat, a Shiv Sena leader, has said that the scheme will continue with the existing amount of Rs 1,500, but the increase is not feasible at this time. The minister also accused the Finance Department, led by Ajit Pawar, of diverting funds from his department without his knowledge. He called for a law to ensure that the social justice and tribal affairs departments receive their allocated funds. The statement comes as an embarrassment for the Mahayuti government, which had heavily campaigned on the promise of increasing the Ladki Bahin Yojana aid.
Lando Norris won the Austrian Grand Prix and revived his Formula One title bid after fending off championship-leading McLaren team mate Oscar Piastri under race-long pressure on Sunday.
Shriram Finance's (SHFL's) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25).
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
Citing evolving needs and aspirations of the citizens, he said that the civil service must adapt to contemporary challenges to remain relevant.
'My job is to provide people with a bouquet of options they can choose from.'
"For instance, you generally buy your military gear from Russia. That's a way to kind of get under the skin of America, if you go to buy your armaments from Russia."
'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'
rediffGURU Nayagam PP offers a detailed guide to equip you with effective strategies, tactics and tips to help you excel in the upcoming IIT-JEE exam 2025.
NCP (SP) leader Supriya Sule has criticized the Maharashtra government's decision to make Hindi a mandatory third language in schools, stating that it will not tolerate any undermining of the Marathi language. Sule also criticized the state's implementation of the National Education Policy (NEP) 2020, expressing concerns about its potential impact on students and teachers. She also questioned the appointment of a retired bureaucrat as the chief economic advisor to the chief minister and criticized the state's performance in areas like fiscal deficit management and the Jal Jeevan Mission.
President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.
TOEFL is a standardised test to measure the English language abilities of non-native speakers wishing to enrol in English-speaking universities.
For KKR, IPL 2025 is slipping away rapidly. They need more than just a few tactical tweaks - they need clarity of leadership and bold but sensible changes in their playing XI.
Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the "not-too-distant future" as the two countries have found a place that works for them. "So the idea is when they put the right person and India put the right person on the other side of the table, and we've managed, I think, to be in a very, very good place," Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit in Washington on Monday.
'I want to say to my Muslim friends that if they want to free Islam from the curse of terrorism, they have to embrace spirituality and yoga helps that. Yoga promotes serenity.'
Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
Delhi International Airport Limited (DIAL), which operates India's largest airport, dismissed the expert committee report as "inaccurate", claiming it relied on "probabilities, hypothesis, and conjectures" rather than empirical data or complete documentation.
Kalyan Chaubey alluded to lack of goals from the Indian strikers, which he said could be one of the reasons for the poor show by the team under Manolo Marquez.
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
Sudharsan highlighted his strong partnership with Gill, both on and off the field.
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
Not only does yoga help beat stress, it also helps them stay agile physically and mentally, say CEOs.
Yogini Samiksha Shetty shows you how to unwind and calm your mind with yoga.
Carlos Alcaraz, 22, reached his eighth Grand Slam semi-final and will continue his quest for a third successive Wimbledon title.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Quiet vacationing is a valuable tool to manage stress and maintain well-being during busy periods. It's not a replacement for a full vacation but a way to cope with breaks.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
Replace processed and packaged foods with whole, unprocessed foods like fruits, green vegetables, whole grains and lean proteins, says Dr Gaurav Kumar Patil.
"With Shubman, our vision is not limited to one or two seasons; it's long-term" - Gujarat Titans COO Colonel Arvinder Singh, on choosing Gill as captain over senior players
The most common mistake people make is trying to do everything on their own.
Fostering kindness doesn't require grand gestures; even the smallest acts can create a ripple effect, cultivating a more harmonious and effective work culture.
Amid a spike in Covid-19 cases, the Centre on Monday reviewed with states and Union territories the preparedness for pandemic management and the progress of vaccination.
Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.
Fuelled by rising disposable incomes and growing awareness about disciplined investing, monthly SIP inflows across the mutual fund industry could scale up to Rs 40,000 crore over the next 18-?24 months, according to Madhu Nair, CEO of Union Asset Management Company (AMC). SIP inflows stood at Rs 25,925 crore in March, although the industry has witnessed a declining trend over the past four months amid heightened market volatility triggered by frequent US tariff changes.
Currently, the NAPCC has eight active missions across sectors like water, energy, and agriculture, aimed at addressing climate change.
The Reserve Bank on Thursday asked banks to improve their ability to manage stressed assets, but said there was nothing alarming about an unexpected rise in the non-performing assets (NPA) levels this fiscal.
