US Senator warns against poor-quality drugs from India

United States Senator Jim Banks has urged the Food and Drug Administration (FDA) to step up inspections of overseas pharmaceutical manufacturing facilities, expressing concern over poor-quality......

PNB fraud: Nirav Modi's brother Nehal held soon after 3-year US jail term

Fugitive diamantaire Nirav Modi's younger brother, Nehal Modi, walked out of a US prison on Friday after serving a nearly-three-year sentence in a cheating case and was taken into custody soon......

Trump's Tariffs: India's Second 1991 Moment

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta. Illustration: Dominic Xavier/Rediff   In an unexpected development, India now faces a......

Trai Launches Digital Consent Pilot

A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas......

IOB set to take over Bharat Overseas Bank

Bharat Overseas Bank is set to be merged with Indian Overseas Bank. According to sources close to the development, the finance ministry and the Reserve Bank of India are working on merger plans and......

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

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......

Can Private Bankers Transform Public Sector Banks?

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   Last week's column on the......

IPL 2026 Auction: Who Will Break The Bank?

Even though it is a mini auction devoid of marquee superstars, the IPL 2026 players auction in Abu Dhabi on December 16 could witness some intense, high-voltage bidding wars.Most teams have their......