News for 'basis'

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Rediff.com8 Aug 2025

The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is equal to 0.01 per cent.

Mehul Choksi extradition: India assures Belgium on prison conditions

Mehul Choksi extradition: India assures Belgium on prison conditions

Rediff.com9 Sep 2025

The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.

'Future policy actions tied to the growth-inflation dynamic'

'Future policy actions tied to the growth-inflation dynamic'

Rediff.com1 Sep 2025

'Given the lag in transmission, further softening of lending rates may happen in the coming months.'

Panel formed to review Puri Jagannath Temple security

Panel formed to review Puri Jagannath Temple security

Rediff.com3 Sep 2025

The Shree Jagannath Temple Managing Committee (SJTMC) has formed a sub-committee, headed by former Lt Governor of Jammu and Kashmir, Girish Chandra Murmu, to suggest measures to ensure full protection of the temple in light of recent security breaches.

'J-K's Kishtwar at high risk of glacial lake outburst floods'

'J-K's Kishtwar at high risk of glacial lake outburst floods'

Rediff.com31 Aug 2025

A comprehensive risk assessment warns that Kishtwar district in Jammu and Kashmir faces a serious threat from glacial lake outburst floods (GLOFs), endangering lives, infrastructure, and the ecosystem. The report calls for immediate mitigation measures and long-term strategies to build resilience.

Should You Go For FoF?

Should You Go For FoF?

Rediff.com10 Sep 2025

'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'

Top four life insurance companies covered 14 mn fewer lives in FY25

Top four life insurance companies covered 14 mn fewer lives in FY25

Rediff.com29 Aug 2025

Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.

When gold slips from crown to a likely millstone for Titan Company

When gold slips from crown to a likely millstone for Titan Company

Rediff.com18 Aug 2025

The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).

New jetty at Mumbai's Gateway of India gets SC nod

New jetty at Mumbai's Gateway of India gets SC nod

Rediff.com1 Sep 2025

The Supreme Court of India has dismissed a plea against the construction of a new passenger jetty and terminal at the Gateway of India in Mumbai, upholding a Bombay High Court verdict that allowed the project to proceed. The project aims to improve passenger travel between South Mumbai and other locations.

'Markets Remain Far From 2024 Euphoria'

'Markets Remain Far From 2024 Euphoria'

Rediff.com5 Sep 2025

'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'

Ethanol blending policy: 'Gadkari has conflict of interest'

Ethanol blending policy: 'Gadkari has conflict of interest'

Rediff.com5 Sep 2025

The Congress party has accused Union Minister Nitin Gadkari of conflict of interest, alleging his sons' companies have benefited from the government's ethanol blending policy. The BJP has rejected the allegations.

Why PSBs are raising home loan rates

Why PSBs are raising home loan rates

Rediff.com25 Aug 2025

Some public sector banks, including State Bank of India (SBI), Union Bank of India, Canara Bank, and Bank of India, are increasing the spread on home loans for new customers to protect margins.

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

Rediff.com16 Jul 2025

Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.

Want To Invest In Debt Funds?

Want To Invest In Debt Funds?

Rediff.com19 Aug 2025

'Maintain a balanced approach with a preference for short-to medium-duration funds.'

IT Majors' Valuations Sink To 5-Year Low

IT Majors' Valuations Sink To 5-Year Low

Rediff.com19 Aug 2025

The combined market capitalisation of the country's top five IT firms that are part of the BSE Sensex is down 24 per cent since January and their valuation has slipped to lowest levels in the past five years.

GST and income tax cuts to spark sustained growth

GST and income tax cuts to spark sustained growth

Rediff.com4 Sep 2025

GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.

What Insurance Should You Buy?

What Insurance Should You Buy?

Rediff.com1 Sep 2025

Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.

'Bureaucrats Resist Meeting Public...'

'Bureaucrats Resist Meeting Public...'

Rediff.com25 Aug 2025

'...as then it brings them closer to the complaints and grievances that the public faces.'

India-China trade: Deficit widens to $99.2 bn

India-China trade: Deficit widens to $99.2 bn

Rediff.com30 Aug 2025

The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian goods in the Chinese market.

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Rediff.com28 Aug 2025

The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.

'Banca channel key to achieve insurance for all'

'Banca channel key to achieve insurance for all'

Rediff.com23 Aug 2025

'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'

SIPs To Retirement Plan: Money Qs Answered

SIPs To Retirement Plan: Money Qs Answered

Rediff.com2 Sep 2025

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

Can India find new sponsor ahead of Asia Cup?

Can India find new sponsor ahead of Asia Cup?

Rediff.com25 Aug 2025

'It is a process that takes a certain amount of time and needs to be done keeping legal modalities in mind.'

'89L complaints ignored': Cong demands SIR to be re-conducted

'89L complaints ignored': Cong demands SIR to be re-conducted

Rediff.com31 Aug 2025

Senior Congress leader Pawan Khera claims 89 lakh irregularities were flagged in Bihar's electoral rolls revision but rejected by the Election Commission, demanding a re-exercise.

Retire Rich At 45 With Simple MF Tips

Retire Rich At 45 With Simple MF Tips

Rediff.com8 Sep 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

ITR: 'Deadline For Updating Form 26AS, AIS?'

ITR: 'Deadline For Updating Form 26AS, AIS?'

Rediff.com4 Sep 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Nepal challenges India-China border trade deal, reasserts claim on Lipulekh

Nepal challenges India-China border trade deal, reasserts claim on Lipulekh

Rediff.com21 Aug 2025

Nepal has reiterated its claim over the Lipulekh territory, stating it is an inseparable part of the country, after India and China agreed to resume border trade through the area. The Nepalese government has incorporated the territory into its official map and Constitution. India has rejected Nepal's claims, asserting they are not based on historical facts or evidence.

Don't view India-China ties through 'third country lens': Modi

Don't view India-China ties through 'third country lens': Modi

Rediff.com31 Aug 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping vowed to work towards a "fair, reasonable, and mutually acceptable" resolution of the festering boundary issue and pledged to work towards stabilising global trade.

Jamil banks on belief for tough CAFA Cup assignment

Jamil banks on belief for tough CAFA Cup assignment

Rediff.com25 Aug 2025

India face hosts Tajikistan on August 29 followed by matches against Iran on September 1 and Afghanistan on September 4.

India Inc turns to equity, bonds as cheaper bank loans remain elusive

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Rediff.com25 Aug 2025

Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.

How Probe Against Justice Varma Will Unfold

How Probe Against Justice Varma Will Unfold

Rediff.com25 Aug 2025

'If the parliamentary committee's report does not find substantiated charges, the process ends.'

REITs Can Pay, But Stay Cautious

REITs Can Pay, But Stay Cautious

Rediff.com28 Aug 2025

'Reits are suitable for investors seeking regular income and real estate exposure without managing physical properties, especially NRIs and retirees.'

Day before assault, Rekha Gupta attacker recced her house

Day before assault, Rekha Gupta attacker recced her house

Rediff.com20 Aug 2025

'The CCTV footage obtained from the Chief Minister's residence in Shalimar Bagh has made it clear that the attacker had started preparing for this attack at least 24 hours in advance'

Raj Thackeray meets Fadnavis amid buzz of alliance with Uddhav

Raj Thackeray meets Fadnavis amid buzz of alliance with Uddhav

Rediff.com21 Aug 2025

MNS chief Raj Thackeray met CM Devendra Fadnavis, leading to speculation about political alliances. They discussed urban planning issues like parking solutions. The meeting follows a defeat for the Sena (UBT)-MNS panel in BEST credit society polls.

FPIs withdraw close to Rs 18,000 cr from equities in Aug

FPIs withdraw close to Rs 18,000 cr from equities in Aug

Rediff.com10 Aug 2025

Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this month, weighed down by escalating US-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached Rs 1.13 lakh crore so far in 2025, according to data from the depositories.

K'taka CEO issues notice to Rahul over 'vote chori' claim

K'taka CEO issues notice to Rahul over 'vote chori' claim

Rediff.com10 Aug 2025

The Karnataka chief electoral officer has issued a notice to Congress leader Rahul Gandhi, requesting documents supporting his allegation that a woman voted twice. The Election Commission has also asked Gandhi to either substantiate his claims of vote theft or apologize.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

Important for India, China to work together: Modi

Important for India, China to work together: Modi

Rediff.com29 Aug 2025

Prime Minister Narendra Modi on Friday said it is important for India and China to work together to bring stability to the world economic order as he asserted that New Delhi is ready to advance bilateral ties from a strategic and long-term perspective based on mutual respect, mutual interest and mutual sensitivity.

Trump's ego can't be allowed to harm strategic India-US ties: Experts

Trump's ego can't be allowed to harm strategic India-US ties: Experts

Rediff.com3 Sep 2025

A US lawmaker and former officials warn that President Trump's policies are damaging the strategic partnership between the United States and India, potentially driving India closer to China and Russia.

Modi, Xi break the ice, hold talks amid global economic concerns

Modi, Xi break the ice, hold talks amid global economic concerns

Rediff.com1 Sep 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.