News for 'Uttam'

NRIs can now invest in corp debt from special rupee vostro accounts

NRIs can now invest in corp debt from special rupee vostro accounts

Rediff.com3 Oct 2025

Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.

India flags humanitarian risks in US H-1B fee hike

India flags humanitarian risks in US H-1B fee hike

Rediff.com20 Sep 2025

India has expressed concerns over the potential humanitarian consequences of the Trump administration's new restrictions on the H1B visa program, particularly the disruption to families. The government hopes the US authorities will address these issues.

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

Tata Capital's Rs 15,512 cr IPO subscribed 1.95 times

Tata Capital's Rs 15,512 cr IPO subscribed 1.95 times

Rediff.com8 Oct 2025

The initial public offering of non-banking financial company Tata Capital Ltd got fully subscribed on the final day of bidding on Wednesday. The company's Rs 15,512 crore share sale received bids for 45,84,78,044 shares against 33,34,36,996 shares on offer, translating into 1.38 times subscription, according to NSE data till 13:36 hours.

Sexual offences against children up by 94 pc in 5 years: Report

Sexual offences against children up by 94 pc in 5 years: Report

Rediff.com16 Oct 2025

A new report indicates a significant rise in reported sexual offences against children in India, but also highlights strong prosecution rates and detection systems.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Private banks' mcap fell in Jul-Sep: S&P

Private banks' mcap fell in Jul-Sep: S&P

Rediff.com7 Oct 2025

Private sector banks slipped in market capitalisation (mcap) during the July-September quarter, underperforming their government-owned peers as trade uncertainties dragged market sentiment, said S&P Global Market Intelligence. According to its analysis, HDFC Bank shed 4.8 per cent in mcap during the third quarter, while ICICI Bank's dropped 6.7 per cent.

Venture funding slowed in Sep qtr; exit activity at 7-year high

Venture funding slowed in Sep qtr; exit activity at 7-year high

Rediff.com24 Oct 2025

Venture funding in India slowed in the third quarter (Q3) of 2025 amid geopolitical uncertainty, though exit activity surged to a seven-year high, according to Venture Pulse from KPMG Private Enterprise, a quarterly report tracking investment trends globally across major regions around the world.

Uttam's Take: Mourning Morbi

Uttam's Take: Mourning Morbi

Rediff.com1 Nov 2022

Uttam Ghosh mourns the victims of the cable bridge tragedy on the Machchhu river in Gujarat's Morbi on Sunday evening in which more then 135 people lost their lives.

UP man kills girlfriend, clicks selfie before dumping body

UP man kills girlfriend, clicks selfie before dumping body

Rediff.com22 Sep 2025

Kanpur Police on Monday said they have solved the mystery surrounding the disappearance of a 20-year-old woman, with her now-arrested boyfriend and his associate revealing that they stuffed her body in a suitcase and dumped it in Yamuna river.

'Inflation-targeting worked, no major revamp required'

'Inflation-targeting worked, no major revamp required'

Rediff.com31 Oct 2025

Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com5 Oct 2025

Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September.

Startups go vertical in India's qcom race

Startups go vertical in India's qcom race

Rediff.com24 Oct 2025

As the quick commerce (qcom) race hots up, a new model - vertical qcom - is gaining investor attention. Unlike horizontal players such as Blinkit, Zepto, and Swiggy Instamart, which stock everything from groceries to gifts and gadgets, vertical platforms focus on depth over breadth.

'Hidma's Death Is Death Of Maoist Insurgency'

'Hidma's Death Is Death Of Maoist Insurgency'

Rediff.com20 Nov 2025

'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'

Insurance staff oppose pvt sector entry in top PSU posts

Insurance staff oppose pvt sector entry in top PSU posts

Rediff.com14 Oct 2025

The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".

'NPS Will Exceed 30% Growth This Financial Year'

'NPS Will Exceed 30% Growth This Financial Year'

Rediff.com17 Oct 2025

'The informal sector can grow at a 100 per cent rate -- we have to plan big.'

RBI allows banks to give loans to manufacturers using gold as raw material

RBI allows banks to give loans to manufacturers using gold as raw material

Rediff.com30 Sep 2025

The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

Credit quality of companies likely to remain stable in H2

Credit quality of companies likely to remain stable in H2

Rediff.com8 Oct 2025

Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.

Unemployment rate rises marginally to 5.2% in Sep

Unemployment rate rises marginally to 5.2% in Sep

Rediff.com15 Oct 2025

The unemployment rate for those aged 15 and above increased marginally to 5.2 per cent in September, according to a government survey released on Wednesday. The unemployment rate (UR) was 5.1 per cent in August, 5.2 per cent in July and 5.6 per cent in May and June, as per the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI).

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Sep 2025

Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.

US Senator Proposes Tax On Companies That Hire Foreigners

US Senator Proposes Tax On Companies That Hire Foreigners

Rediff.com9 Sep 2025

'If companies want to hire foreign workers instead of Americans, my bill will hit them where it hurts: Their pocketbooks.'

Officers who planned, executed Operation Sindoor awarded

Officers who planned, executed Operation Sindoor awarded

Rediff.com15 Aug 2025

India recognised acts of gallantry by armed forces personnel and senior military officers involved in Operation Sindoor, along with other distinguished service awards, on the eve of the 79th Independence Day.

Ahead of Diwali, 7800+ kg of banned firecrackers seized in Delhi

Ahead of Diwali, 7800+ kg of banned firecrackers seized in Delhi

Rediff.com10 Oct 2025

The drive, carried out by various police districts and units, including the crime branch and AATS teams, aligns with the Supreme Court's directions and the Delhi government's blanket ban on the sale, storage, and use of firecrackers to curb pollution during Diwali.

Balanced advantage funds tilt towards equities, again

Balanced advantage funds tilt towards equities, again

Rediff.com23 Sep 2025

Balanced advantage funds (BAFs), which adjust between stocks and bonds depending on market conditions, have increased their equity holdings over the past year, with most schemes now predominantly invested in equities.

CDS Gen Anil Chauhan's tenure extended till May next year

CDS Gen Anil Chauhan's tenure extended till May next year

Rediff.com25 Sep 2025

The government has extended the tenure of Chief of Defence Staff Gen Anil Chauhan up to May next year.

Smallcap Schemes Stage Comeback

Smallcap Schemes Stage Comeback

Rediff.com26 Sep 2025

This marks a rebound after more than two years of underperformance during a strong rally in smallcap stocks.

H1B Crisis: Rs 85,500 Cr Wiped Out From IT Stocks

H1B Crisis: Rs 85,500 Cr Wiped Out From IT Stocks

Rediff.com23 Sep 2025

'It's better to stay away from large IT stocks until there is clarity on tariffs.'

LIC drags new business premiums of life insurers by 5.2 %

LIC drags new business premiums of life insurers by 5.2 %

Rediff.com10 Sep 2025

New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance Corporation (LIC), data from the Life Insurance Council showed. LIC recorded a 17 per cent YoY fall in new business premiums to Rs 16,023 crore during the month, while private life insurers reported a 12 per cent YoY increase to Rs 14,936 crore.

HAL Poised For Growth With Strong Order Book

HAL Poised For Growth With Strong Order Book

Rediff.com6 Oct 2025

HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.

Uttam's Take: Gehlot's Game

Uttam's Take: Gehlot's Game

Rediff.com27 Sep 2022

Ashok Gehlot, widely seen as the Congress's ruling family's nominee for the Congress president's post, bunged a spanner in the works when his MLA supporters submitted their resignations on Sunday night to assembly Speaker C P Joshi.

Uttam's Take: Shaky Times

Uttam's Take: Shaky Times

Rediff.com4 Apr 2022

Uttam Ghosh offers his take on the upheavals in the sub-continent this past week.

Wholesale price inflation is negative for second month

Wholesale price inflation is negative for second month

Rediff.com14 Aug 2025

Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday.

Jobless rate at 4-month low of 5.1% in Aug

Jobless rate at 4-month low of 5.1% in Aug

Rediff.com16 Sep 2025

Labour markets showed positive momentum in August as the unemployment rate fell for the second consecutive month to a four-month low of 5.1 per cent from 5.2 per cent in July. It was on account of the start of the sowing season.

Trucker abduction: Khedkar's mother unleashed dogs on police team

Trucker abduction: Khedkar's mother unleashed dogs on police team

Rediff.com16 Sep 2025

The mother of a former IAS probationer is accused of helping suspects in a truck driver's abduction escape and unleashing dogs on police in Pune.

GST rate cut: Banks face car loan cancellations

GST rate cut: Banks face car loan cancellations

Rediff.com15 Sep 2025

Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.

'India's Misinformation Problem Is Deeply Social'

'India's Misinformation Problem Is Deeply Social'

Rediff.com22 Oct 2025

'It flows through families, caste groups, and local WhatsApp communities where trust is personal.' 'Children are taught to defer to elders, so if a parent or uncle forwards something, you don't question it.'

Uttam's Take: Putin's Revenge

Uttam's Take: Putin's Revenge

Rediff.com25 Feb 2022

Uttam Ghosh offers his take on Russia's Invasion of Ukraine.

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.