CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.
Governor Raghuram Rajan has asked his colleagues to ensure that the central bank is not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared.
'It is very rare, particularly in our film industry, for a couple to be so devoted to one another.'
'The Elephant Whisperers is a hopeful story of respect and cooperation with nature in an era rife with conflict and threat to our beautiful planet.'
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
A team of wildlife experts from South Africa returned to their country on Friday from India where they inspected the holding facility where the cheetahs will be released.
The World Nature Photography Awards announced the winners of their 2020 competition, showcasing an array of talented photographers from around the world. The grand prize winner award went to Thomas Vijayan for his image of the endangered Bornean orangutan. Vijayan spent hours up a tree, waiting to see if one of the local orangutans would use it to cross over to a nearby island. Take a look at some of the jaw-dropping images.
Exploring India hopes to bust myths surrounding ghosts. 'The only way to defeat fear is by facing it. If that happens, we'll just deal with it,' say Exploring India's founders.
It also said the cheetahs will be allowed to move out of KNP and will not necessarily be "recaptured unless they venture into areas where they are in significant danger".
A summary of sports events and persons who made news on Thursday.
Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.
The mine is likely to yield 37 million tonnes of kimberlite, containing about 27.4 million carats of diamonds and has a life of 25 years.
'Which fund manager in the world will put money into a company that hasn't filed its annual account?'
The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
The Ministry of Environment and Forests has shot down the Andhra Pradesh Government's proposal to convert the existing two-lane highway passing through India's largest Nagarjunasagar-Srisailman Tiger Reserve into four lanes.
'What the RBI is doing is trying to catch the mouse when they have to catch the tiger.'
Shiv Sena (Uddhav Balasaheb Thackeray)'s Rajya Sabha MP Sanjay Raut walked out of Mumbai's Arthur Road jail on Wednesday evening, hours after a special court granted him bail in a money laundering case.
Uddhav Thackeray and his followers have the option to stop riding a tiger and commence work around a more meaningful and enduring political ideology. It is an option Eknath Shinde's side may not have, supported as they were by the BJP, to maintain continuity of the old Sena, argues Shyam G Menon.
Growing trees means much more than strewing seeds around; it takes an understanding of local climatic conditions, indigenous strains and partnership with local communities.
Shah Rukh Khan's weathered intensity, grizzly charisma and trademark wit lends Pathaan's all-out, devil-may-care antics a sense of purpose that evades mindless acts of mayhem, cheers Sukanya Verma.
It has been a slow 2022 thus far for the primary markets. In the last 8 months, only 16 companies have raised Rs 40,311 crore via the initial public offer (IPO) route, data from PRIME Database suggests. In comparison, 63 companies had raised a cumulative Rs 1.18 trillion via the IPO route in 2021. A large part of the funds raised in 2022 were on account of the two IPOs - Life Insurance Corporation of India (LIC) and logistics firm Delhivery - that raised a total of over Rs 26,000 crore between themselves.
Assam Chief Minister Himanta Biswa on Tuesday said that the Centre is likely to sign a peace accord with militant organisations from the state's Adivasi communities within September.
Edtech unicorn Vedantu has laid off 424 employees, about 7 per cent of its workforce, according to a blog post shared by the Bengaluru-based firm. This comes as the focus in the edtech space has shifted to profitability, according to experts. The lay-off comes days after the company fired 200 contractual and full-time employees, at a time when offline schools and colleges are opening up and learning is evolving into a more nuanced blended delivery model with a mix of online and offline.
The monkeys can't take their eyes off the snake, and Geetanjali Krishna has forgotten to breathe.
At least 21 persons have died and thousands were marooned in villages across eight districts of Uttar Pradesh where release of water from dams in Nepal have caused major floods, even as large parts of the state were heading towards a drought-like situation due to scanty monsoon rain.
One of India's foremost wildlife photographers Rathika Ramasamy shares her most favourite photographs that'll make you go 'wow'.
The Kerala government has made it clear that it would not provide security to any woman of menstruating age visiting the shrine, as per Devaswom Board Minister K Surendran.
The letter was written by 49 eminent personalities, including filmmakers Mani Ratnam, Anurag Kashyap, Shyam Benegal, actor Soumitra Chatterjee as well as vocalist Shubha Mudgal in July this year.
Joginder Tuteja looks at the movie releases in 2022.
President Gotabaya Rajapaksa, who is currently facing public demand for his resignation over his mishandling of the economic crisis, is the man who ruthlessly ended Sri Lanka's nearly 30-year civil war with the LTTE with the death of its supremo Velupillai Prabhakaran in 2009.
Images from the Asia Cup T20 match between Sri Lanka and Bangladesh in Dubai on Thursday.
You don't need to be a fan of Jurassic Park or Jungle Book to head out on these holidays!
"Is it possible for women to trek kilometers through the forest path and stand amongst the packed crowd?"
'Was the episode edited later? How many times did the shooting happen for this episode and how it happened?'
The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The outcome will be announced on April 8.
The Gujjar agitation showed no signs of abating with its leader Kirori Singh Bainsla turning down Rajasthan government's proposal for additional quota for the community even as security forces kept a close vigil on the protestors holding bodies of some of those killed in police firing.
Do you know the differences between the cheetah and the leopard?
We need to bring solid waste management into all school curricula in an organised and cohesive manner, suggests Anjuli Bhargava.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances