RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
The youth brigade, set up in 2002 by Yogi Adityanath who is now Uttar Pradesh chief minister, filed a complaint against Yohannan Adam, the pastor of the church, accusing him of converting Hindus to Christianity, a charge the pastor denied.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
Nand Kishore Balmiki, the main accused in the alleged forced conversion of about 100 people in Agra recently, was arrested after he surrendered before the police on Tuesday.
The board of Maruti Suzuki India (MSIL) on Tuesday approved a proposal to issue shares worth Rs 12,841 crore to parent company Suzuki Motor Corporation (SMC) for acquiring Suzuki Motor Gujarat (SMG). The Gujarat manufacturing plant - with an annual capacity of 750,000 units - is owned by SMG, a wholly-owned subsidiary of SMC. The shares issued to SMC will raise its ownership in MSIL from 56.48 per cent to 58.19 per cent--India's largest carmaker stated in a notice to BSE.
'Higher valuation remains the only spoiler for equities.'
With nothing to lose on the eve of his final international outing, Dean Elgar didn't hold back while expressing his disgust about Cricket South Africa sending a third-string squad to New Zealand under an uncapped captain just because the series is coinciding with the cash-rich SA20.
A disappointed Pakistan captain Babar Azam refused to blame the umpires despite being on the wrong side of a DRS review which proved decisive in his team's narrow one-wicket loss to South Africa.
The 73-year-old leader castigated the judges for legitimising military dictators.
Showtime is watchable but never engrossing, notes Sukanya Verma.
If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.
'I just received a 10-second call. 'You will not be retained.' That was all. There was no talk, no explanation as to why they released (me) after a few seasons.'
The Reserve Bank of India on Thursday decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.
There was no progress in the formation of a new coalition government in Pakistan on Tuesday as top leaders of the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) failed to agree on a power-sharing deal in their latest round of talks, indicating deepening fissures in the country's political landscape.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
On a daily basis, an average cash logistics company transports Rs 5,000-8,000 crore worth of cash nationwide.
The income tax department on Friday warned against indulging in cash transaction of Rs 2 lakh or more, saying that the receiver of the amount will have to cough up an equal amount as penalty.
Indian IT services sector's revenue growth will slow down to 3 per cent in the current fiscal from 9.2 per cent in the previous financial year, a domestic ratings company said on Tuesday. Icra Ratings said the profitability will also take a beating in this financial year and the operating profit margin will narrow by up to 1 percentage point to 20-21 per cent. The topline growth will come down to 3-5 per cent in FY24 from the 9.2 per cent posted in FY23, the agency said, attributing the slowdown to softening demand.
PVR-Inox is in an inherently fickle business. If there is a string of flops, the box office collections will be weak. Conversely, Q2FY24, which witnessed several hits, has brought about an upside in revenues. However, the merger has led to market share gains and synergies that helped bring breakeven down to approximately 20 per cent occupancy.
Anubhav Sinha's latest effort just ends up making actors look silly.
A purported conversation in an audio tape between Andhra Pradesh Chief Minister Chandrababu Naidu and nominated legislator Elvys Stephenson, aired in a section of local television channels, has given a new twist to the cash-for-votes controversy.
The reasons are too private to be discussed at a round table, listed out during a seminar, or uncovered in an academic course. A proud but insomniac connoisseur murmuring in his sleep may do a better job of explaining the phenomenon than an expert on a podium. Sreehari Nair airs his thoughts.
'It's an open secret that the UK business is structurally not in a great place.'
'Are we so ready to believe that in this country whose virtues we constantly shout from the rooftops, there is no single person -- other than Modi -- in a minimum of 272 elected MPs with the talent and ability to lead this country?' asks Prem Panicker.
The Central Bureau of Investigation has taken over the investigation of four distinct cases from the Assam police, all connected with the death of the state police sub-inspector Junmoni Rabha last month in a suspected road accident, according to officials.
In the new year be careful online as there are many scamsters lurking in the cloud, warns A Ganesh Nadar after twice escaping being scammed.
In a fresh twist in the cash-for-votes scam, Andhra Pradesh police on Monday registered a case against Telangana Chief Minister K Chandrasekhar Rao over the alleged illegal tapping of the phones of his Andhra Pradesh counterpart Chandrababu Naidu.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
The Centre recently released the first advance estimates of kharif crops that, barring tur dal, showed a dip in production due to uneven monsoon and other natural calamities including pest attacks in cotton. The first Advance Estimates, released a few weeks back, are usually initial projections on the crop size and, more often than not, are revised as more inputs come from the fields. But, the findings have rung alarm bells in several quarters. The Centre, along with many others, is confident that as more details come, the estimates will be revised upwards.
The ISI was taking no chances and wanted no repeat of Pulwama; it wanted to make it clear at a political level it was not involved with the revenge attack being planned, but was only giving India a friendly tip-off. A stunning excerpt from Ambassador Ajay Bisaria's Anger Management: The Troubled Diplomatic Relationship between India and Pakistan.
Refusing to respond to questions on the evidence of Canadian allegations, Sullivan said he is not going to speak to either intelligence or law enforcement matters from this podium.
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
Here is a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the ruling Congress in Chhattisgarh.
The Bharatiya Janata Party and the Congress remain the most dominant political forces in Chhattisgarh, though the state has several regional outfits that have pockets of influence, while the Aam Aadmi Party (AAP) is making a determined bid to challenge its well entrenched rivals and make a mark in polls to the 90-member House.
'Markets are not expensive; they are fairly priced.'
'...Now, we are dominating because we have the right facilities. We have the IPL, the richest board is India and India is the powerhouse'.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
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.
Brokerages expect better financials as management is determined to improve profitability.
Here is a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the ruling Congress in Chhattisgarh.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances