News for 'Urban India'

RBI Eases KYC Deadline For Low-Risk Customers

RBI Eases KYC Deadline For Low-Risk Customers

Rediff.com13 Jun 2025

'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'

Why Bobby Deol Succeeded Where Zeenat Aman Didn't

Why Bobby Deol Succeeded Where Zeenat Aman Didn't

Rediff.com16 Jun 2025

Most actors usually face obscurity after a fade-out from the limelight.

Want Steady Monthly Income? How Bonds Could Help

Want Steady Monthly Income? How Bonds Could Help

Rediff.com25 Jun 2025

Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.

The Future of Movie Nights at Home

The Future of Movie Nights at Home

Rediff.com18 Jun 2025

Mukesh Ambani's Antilia includes a private theatre that seats over 50, a snow room, and even an ice cream parlour. If that's not redefining home entertainment, what is?

Centre plans to list at least five RRBs by FY27-end

Centre plans to list at least five RRBs by FY27-end

Rediff.com24 May 2025

After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.

EV charging in 15 minutes could be a reality soon!

EV charging in 15 minutes could be a reality soon!

Rediff.com23 May 2025

'The testing and certification have been completed, and implementation could occur within a year, depending on the number of vehicles.'

Latest trend in India's key realty markets

Latest trend in India's key realty markets

Rediff.com18 Mar 2025

Capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the National Capital Region (NCR) leading the pack with a 128 per cent rise in capital values compared to rental value growth of just 66 per cent, according to a report by property consulting firm Anarock.

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Rediff.com16 May 2025

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

Heavy rains kill 7 across north India; 200 flights delayed in Delhi

Heavy rains kill 7 across north India; 200 flights delayed in Delhi

Rediff.com2 May 2025

A three-hour heavy downpour accompanied by a dust storm hit Delhi-NCR early morning on Friday, causing flight delays and traffic disruptions as seven people were killed in rain-related incidents across north India.

EC to set up mobile phone deposit facility at polling stations

EC to set up mobile phone deposit facility at polling stations

Rediff.com23 May 2025

The Election Commission of India (ECI) has announced that it will set up mobile phone deposit counters at polling stations to ensure that voters do not have to carry their phones inside the polling booth. This decision was taken after it was observed that several voters were concealing their phones in their clothes due to the absence of a facility to deposit it. The ECI has also rationalized the permissible norms for canvassing in line with the electoral laws to 100 meters from the entrance of the polling station.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Op Brahma: India to airlift field hospital to Myanmar, sends naval ships

Op Brahma: India to airlift field hospital to Myanmar, sends naval ships

Rediff.com29 Mar 2025

India on Saturday delivered 15 tonnes of relief materials to Myanmar under its 'Operation Brahma' that was launched after a powerful earthquake hit the neighbouring country as well as Thailand.

More urban shoppers opting for Qcom platforms

More urban shoppers opting for Qcom platforms

Rediff.com25 Sep 2024

Quick commerce (Qcom) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study.

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Rediff.com22 May 2025

India's Foreign Secretary Vikram Misri has underscored the importance of not equating the victims and perpetrators of terror attacks, highlighting the need for global unity in combating terrorism. Speaking at Raisina Tokyo 2025, Misri expressed appreciation for Japan's support following the recent terror attack in Pahalgam, India. He also cautioned against the trend of some Western countries hyphenating India and Pakistan in the context of their recent military confrontation. Misri further outlined India's economic aspirations and its commitment to becoming a factor of stability in a turbulent world.

The Lawyer Who Won Mahua Moitra's Heart

The Lawyer Who Won Mahua Moitra's Heart

Rediff.com6 Jun 2025

Four-time Odisha MP Pinaki Misra's wedding to firebrand TMC MP Mahua Moitra in a quiet, intimate ceremony that chose privacy and tradition over fanfare, was a reflection of his personal style.

IndiGo To Be First Off Runway from Navi Mumbai Airport

IndiGo To Be First Off Runway from Navi Mumbai Airport

Rediff.com29 May 2025

The airline plans to scale up its operations at NMIA significantly, from 36 air traffic movements (ATMs) daily on the opening day to 79 daily departures (158 ATMs), including 14 international departures by November this year.

India to go all out to win bid for 2036 Olympic Games

India to go all out to win bid for 2036 Olympic Games

Rediff.com29 Jan 2025

The IOA president maintained the conference will serve as a platform where global expertise meets Indian innovation through discussion on urban transformation, technological advancements, sustainability and inclusive governance.

They are changing the way urban India lives

They are changing the way urban India lives

Rediff.com24 Jul 2017

Prashant Lingam and Aruna Kappagantula are changing the way houses are being built in India.

Why South Cinema Scores Big Over Bollywood

Why South Cinema Scores Big Over Bollywood

Rediff.com26 May 2025

South Indian filmmakers have kept their focus on the single-screen cinemagoer. They have kept their finger on the pulse of the single-screen cinema fan, who goes to movies once a month or more, to forget his weekly chores, explains Ambi Parameswaran.

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Rediff.com7 Apr 2025

Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.

Inflation cools to 6-year low of 3.16% in April

Inflation cools to 6-year low of 3.16% in April

Rediff.com13 May 2025

Retail inflation eased to a nearly six-year low of 3.16 per cent in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cut in the June monetary policy review. The Consumer Price Index (CPI) based inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019.

Why Stalin Is Pushing Keeladi Over Indus Valley

Why Stalin Is Pushing Keeladi Over Indus Valley

Rediff.com2 Jun 2025

'It has the potential to sow seeds of furthering discord when the direction of the discourse is aimed at propagating the perceived supremacy of 'cultural nationalism' from a distant past over the prevailing dominance of 'Constitutional nationalism',' argues N Sathiya Moorthy.

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rediff.com8 Nov 2024

India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.

'Europe Loved Aranyer Din Ratri'

'Europe Loved Aranyer Din Ratri'

Rediff.com20 May 2025

'I am glad Aranyer Din Ratri is being shown at Cannes.' 'The film was better appreciated outside India even when released originally.'

India to be 3rd largest economy by 2028: Morgan Stanley

India to be 3rd largest economy by 2028: Morgan Stanley

Rediff.com13 Mar 2025

India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

Rediff.com11 Dec 2023

As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.

10-km traffic jam in B'galuru as 100 mm rains create chaos

10-km traffic jam in B'galuru as 100 mm rains create chaos

Rediff.com19 May 2025

Heavy overnight rains severely affected parts of the city on Monday, leading to water-logged roads, inundated residential areas and traffic pile-up, as the city braces for more spells in the coming days.

India to continue resilient growth in 2025: S&P

India to continue resilient growth in 2025: S&P

Rediff.com10 Dec 2024

S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26.

SC orders CBI probe on 'builders-banks nexus'

SC orders CBI probe on 'builders-banks nexus'

Rediff.com29 Apr 2025

Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.

Heavy rains, strong winds in Kerala as monsoon arrives early

Heavy rains, strong winds in Kerala as monsoon arrives early

Rediff.com24 May 2025

Normally, the southwest monsoon makes its onset over Kerala by June 1 and covers the entire country by July 8. It starts retreating from northwest India around September 17 and withdraws completely by October 15.

Not All Need Subsidies: Finance Secy

Not All Need Subsidies: Finance Secy

Rediff.com31 Mar 2025

'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'

Sensex drops 315 points at close; HUL down 4%

Sensex drops 315 points at close; HUL down 4%

Rediff.com24 Apr 2025

Bharti Airtel, ICICI Bank, Eternal, Mahindra & Mahindra, HCL Technologies, HDFC Bank, Kotak Mahindra Bank, Tata Consultancy Services and Bajaj Finance were also among the laggards.

Automobile retail sales up 2.95% in April: FADA

Automobile retail sales up 2.95% in April: FADA

Rediff.com5 May 2025

Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive note, Federation of Automotive Dealers Associations said on Monday.

The Politics of A Caste Census

The Politics of A Caste Census

Rediff.com2 May 2025

While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.

Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.

Utility vehicle demand drives PV sales to record high at over 43 lakh units in FY25: SIAM

Utility vehicle demand drives PV sales to record high at over 43 lakh units in FY25: SIAM

Rediff.com15 Apr 2025

Passenger vehicle dispatches in India from factories to dealers rose to record levels at over 43 lakh units in FY25, with utility vehicles accounting for 65 per cent of the total sales in the segment, industry body SIAM said on Tuesday. Passenger vehicle (PV) dispatches rose to 43,01,848 units in the last fiscal year, marking a 2 per cent increase compared to 42,18,750 units in FY 2023-24.

Why McDonalds, KFC Have Gone Korean

Why McDonalds, KFC Have Gone Korean

Rediff.com21 Apr 2025

The restaurant chains are riding the Hallyu wave -- a phenomenon about the growing global prominence of South Korean pop culture.

Qutub Minar, Humayun's Tomb Waqf Properties

Qutub Minar, Humayun's Tomb Waqf Properties

Rediff.com10 Apr 2025

The Archaeological Survey of India informed the JPC that 280 protected monuments have been listed as Waqf properties.

Only 12% Indian households can afford to buy a car: Maruti's Bhargava

Only 12% Indian households can afford to buy a car: Maruti's Bhargava

Rediff.com28 Apr 2025

Car purchases in India are largely limited to the top 12 per cent of households with an annual income exceeding Rs 12 lakh, while even small cars have become unaffordable for the remaining 88 per cent, said R C Bhargava, chairman of Maruti Suzuki India Limited (MSIL), on Friday. "How can you get high car sales growth if 88 per cent of the country are below the levels of income where they cannot afford these cars costing Rs 10 lakhs and above?