News for 'RATE'

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Jitters over LPG subsidy bill. It may top Rs 1 lakh cr in FY27

Jitters over LPG subsidy bill. It may top Rs 1 lakh cr in FY27

Rediff.com4 days ago

A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.

Delhi Capitals all-rounder Ashutosh Sharma joins Hampshire for One-Day Cup

Delhi Capitals all-rounder Ashutosh Sharma joins Hampshire for One-Day Cup

Rediff.com21 hours ago

Delhi Capitals all-rounder Ashutosh Sharma has been signed by English county Hampshire for the upcoming One-Day Cup. The move was facilitated by the GMR Group, which co-owns both teams. Sharma, known for his explosive batting and record-breaking T20 fifty, will bring his power-hitting skills to the 50-over domestic tournament in England.

Domestic Air Traffic Sees 12% Monthly Drop in June

Domestic Air Traffic Sees 12% Monthly Drop in June

Rediff.com4 hours ago

Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.

Vivo Y500 4G: Display To Battery, Here's What's New

Vivo Y500 4G: Display To Battery, Here's What's New

Rediff.com9 Jul 2026

Vivo has introduced the Y500 4G in select international markets. Compared with the Y500 5G, it features a slightly smaller 8,100 mAh battery and a rectangular rear camera module in place of the circular design.

RBI interest rate decision, US-Iran situation to be key market drivers this week

RBI interest rate decision, US-Iran situation to be key market drivers this week

Rediff.com1 Jun 2026

The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.

Bhaichung Bhutia: Messi needs another World Cup to match Maradona's legacy

Bhaichung Bhutia: Messi needs another World Cup to match Maradona's legacy

Rediff.com4 days ago

Former India captain Bhaichung Bhutia believes Lionel Messi needs to win the 2026 World Cup to truly equal Diego Maradona's legendary status, despite Messi's 2022 triumph. Bhutia rates Maradona higher due to his single-handed 1986 World Cup victory, while also tipping Spain as slight favourites over Argentina in the upcoming final.

Is Oil Price Spike Derailing FPI Comeback?

Is Oil Price Spike Derailing FPI Comeback?

Rediff.com4 days ago

FPIs have already withdrawn Rs 2.6 trillion from Indian equities in 2026, exceeding the outflows recorded in any previous full calendar year.

Shubman Gill Closes In On No 1 Ranking In ODIs

Shubman Gill Closes In On No 1 Ranking In ODIs

Rediff.com6 days ago

England's Harry Brook and India's Shreyas Iyer have made significant advancements in the ICC Men's T20I Player Rankings, with Brook entering the top 10 and Iyer rocketing 62 spots.

Should You Buy The Nothing Phone (4b)?

Should You Buy The Nothing Phone (4b)?

Rediff.com8 Jul 2026

Nothing has expanded its smartphone portfolio with the launch of the Nothing Phone (4b), a feature-packed mid-range handset that combines a Snapdragon processor, a large 6,000mAh battery, dual rear cameras and the brand's signature Glyph Bar design.

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Rediff.com7 hours ago

A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.

Rohit Sharma's ODI Career Nears End As BCCI Plans For Future

Rohit Sharma's ODI Career Nears End As BCCI Plans For Future

Rediff.com4 days ago

BCCI selectors have reportedly informed Rohit Sharma that they plan to move on from him after the ODI series against England.

US senators name India in sweeping Russia sanctions bill

US senators name India in sweeping Russia sanctions bill

Rediff.com6 days ago

A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.

Axar Patel Penalised For Delhi Capitals' Slow Over Rate

Axar Patel Penalised For Delhi Capitals' Slow Over Rate

Rediff.com12 May 2026

Delhi Capitals skipper Axar Patel has been fined Rs 12 lakh after his team maintained a slow over rate in their win against Punjab Kings in the Indian Premier League.

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

Rediff.com7 days ago

HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.

OnePlus N6 Arrives: 6 Features That Make It Worth A Look

OnePlus N6 Arrives: 6 Features That Make It Worth A Look

Rediff.com10 Jul 2026

OnePlus has strengthened its smartphone portfolio in India with the launch of the OnePlus N6, its most budget-friendly handset to date.

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

Nykaa's next glow-up lies in margin gains

Nykaa's next glow-up lies in margin gains

Rediff.com5 days ago

FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.

NBFC access to term money market may lift volumes by 40-60%

NBFC access to term money market may lift volumes by 40-60%

Rediff.com2 Jul 2026

The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.

Why Cashless Claims Get Denied

Why Cashless Claims Get Denied

Rediff.com6 days ago

If reimbursement becomes unavoidable, submit a complete file at the earliest.

'Is It A Demographic Curse?'

'Is It A Demographic Curse?'

Rediff.com8 Jul 2026

'The main problem the country faces is not low GDP growth, but low employment growth.'

What is hurting ease of doing business for Indian automakers?

What is hurting ease of doing business for Indian automakers?

Rediff.com13 Jul 2026

Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.

Sensex, Nifty Flat as Geopolitical Tensions, Oil Prices Weigh

Sensex, Nifty Flat as Geopolitical Tensions, Oil Prices Weigh

Rediff.com5 days ago

Indian benchmark indices, Sensex and Nifty, closed almost unchanged due to profit-taking in blue-chip stocks, geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends, despite cooling US inflation offering some support.

Gill Blames India's Death Bowling For ODI Series Loss To England

Gill Blames India's Death Bowling For ODI Series Loss To England

Rediff.com1 days ago

India captain Shubman Gill attributed his team's 27-run defeat in the series-deciding third ODI against England to their inability to contain runs in the death overs, allowing England to post a formidable total of 388.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

Oppo Reno 16: Price, Features...

Oppo Reno 16: Price, Features...

Rediff.com7 Jul 2026

This series of smartphones will be available for purchase from July 9 through Amazon, Flipkart and Oppo India's online store. Buyers can choose from three eye-catching finishes, Starry White, Stellar Purple and Twilight Violet.

Private Banks Stocks Outshine PSU Peers In FY27

Private Banks Stocks Outshine PSU Peers In FY27

Rediff.com6 days ago

'Banking is the only sector that can see double-digit growth in FY27.'

Alienware 15: 7 Reasons It's A Serious Gaming Laptop

Alienware 15: 7 Reasons It's A Serious Gaming Laptop

Rediff.com5 days ago

The Alienware 15 is built for gamers and is equipped with AMD Ryzen processors, Nvidia GeForce RTX graphics, a fast 165Hz display and Alienware's advanced Cryo-tech cooling system.

Rasikh Salam Dar: IPL 2026's Most Under-Rated Hero

Rasikh Salam Dar: IPL 2026's Most Under-Rated Hero

Rediff.com1 Jun 2026

How Rasikh Salam Dar, the unsung hero from Kashmir, became a pivotal bowler for Royal Challengers Bengaluru in IPL 2026, contributing significantly to their championship victory.

The Great Collapse: How India's Big T20 Shake-Up Failed

The Great Collapse: How India's Big T20 Shake-Up Failed

Rediff.com13 Jul 2026

The Indian team, which looked invincible under Suryakumar Yadav, has suddenly hit rock bottom a few months after winning the T20 World Cup.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

Amazfit Helio Strap Pro Brings Advanced Fitness Tracking

Amazfit Helio Strap Pro Brings Advanced Fitness Tracking

Rediff.com2 Jul 2026

Amazfit has unveiled the Helio Strap Pro, a new fitness-focused wearable aimed at HYROX competitors and hybrid training enthusiasts.

'We'll win medals, but gold?': Mary Kom's CWG prediction

'We'll win medals, but gold?': Mary Kom's CWG prediction

Rediff.com5 hours ago

Six-time world champion and Olympic bronze-medallist M C Mary Kom believes Indian pugilists will secure a 'reasonably good medal haul' at the Commonwealth Games, though gold might be elusive, while expressing less certainty for the Asian Games. She also criticised the Boxing Federation of India's functioning and selection policies.

Why Policyholders Surrender Life Insurance Policies

Why Policyholders Surrender Life Insurance Policies

Rediff.com1 days ago

Understanding a product and assessing its suitability improve the chances of staying invested. Use life insurance mainly to cover risk, not to seek returns.

3rd ODI at Lord's could be Rohit's farewell as selectors prepare to look ahead

3rd ODI at Lord's could be Rohit's farewell as selectors prepare to look ahead

Rediff.com4 days ago

The third ODI between India and England at Lord's on Sunday could be Rohit Sharma's final game in international cricket with the national selection committee unlikely to pick the white-ball great beyond the ongoing series in the UK.

3 Idiots not based on Sonam Wangchuk: Aamir Khan

3 Idiots not based on Sonam Wangchuk: Aamir Khan

Rediff.com4 days ago

Bollywood actor Aamir Khan has clarified that his character Phunsukh Wangdu in the film "3 Idiots" was not based on activist Sonam Wangchuk, addressing a widespread misconception. Khan expressed concern over Wangchuk's ongoing hunger strike in Delhi, urging him to end it for his health.

SRH Skipper Pat Cummins Penalised For Slow Over Rate Against GT

SRH Skipper Pat Cummins Penalised For Slow Over Rate Against GT

Rediff.com13 May 2026

Sunrisers Hyderabad skipper Pat Cummins has been fined Rs 12 lakh for maintaining a slow over rate in the IPL match against Gujarat Titans.

Bill in US Senate proposes 100% tariffs on India, China for Russian oil

Bill in US Senate proposes 100% tariffs on India, China for Russian oil

Rediff.com4 days ago

The bill, introduced on Thursday, was conceived by Democrat Senator Richard Blumenthal and late Republican Senator Lindsey Graham and has the support of over 60 lawmakers.

'90% trials culminate in acquittals': SC questions UAPA conviction rates

'90% trials culminate in acquittals': SC questions UAPA conviction rates

Rediff.com18 May 2026

The Supreme Court has raised concerns about the low conviction rates under the Unlawful Activities (Prevention) Act (UAPA), noting that over 90 per cent of trials result in acquittals. The observations were made while granting bail to an accused in a narco-terrorism case.