News for 'credit'

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

Theatre Commands Will Target China, Pakistan

Theatre Commands Will Target China, Pakistan

Rediff.com29 Aug 2025

The final contours of the theaterisation process could involve the establishment of two integrated theatre commands to counter Pakistan and China, along with a third maritime theatre command.

'What makes Siraj so special is...'

'What makes Siraj so special is...'

Rediff.com6 Aug 2025

Former England all-rounder Moeen Ali feels India pacer Mohammed Siraj's big heart and his steadfast refusal to back down in the face of adversity sets him apart from the rest and makes him a difficult proposition for any batter.

Sebi Cracks Down on Top Finfluencer

Sebi Cracks Down on Top Finfluencer

Rediff.com22 Aug 2025

'We have carried out a big search operation on a big name in this industry.'

Slowing credit growth, margin pressure await banks in 2025

Slowing credit growth, margin pressure await banks in 2025

Rediff.com1 Jan 2025

In 2025 banks are in for challenges such as pressure on margins and slowing credit growth. With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. However, deposit rates are expected to adjust more gradually, which could impact the net interest margin (NIM) - a key measure of profitability for banks.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

Modi And The Art Of Practising External Affairs

Modi And The Art Of Practising External Affairs

Rediff.com3 Sep 2025

'Personalities are temporary, policies provide for stability.' 'With the former, when personalities change so does the nature of the relationship.' 'Policies and structures, on the other hand, are idiot-proof, as well as maverick-resistant,' explains Saisuresh Sivaswamy.

Warne's mentor, Australia's saviour- Simpson ... passes away

Warne's mentor, Australia's saviour- Simpson ... passes away

Rediff.com16 Aug 2025

Former Australia Test captain Bob Simpson, who ushered in the country's modern-day golden era of cricket as its coach, has died aged 89, Cricket Australia said on Saturday.

ED summons Anil Ambani on Aug 5, issues look out circular

ED summons Anil Ambani on Aug 5, issues look out circular

Rediff.com2 Aug 2025

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.

Trump's 50% tariffs on India kick in; to hit exports

Trump's 50% tariffs on India kick in; to hit exports

Rediff.com27 Aug 2025

On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

Cold handshake, hot words: Townsend, Ostapenko clash at US Open

Cold handshake, hot words: Townsend, Ostapenko clash at US Open

Rediff.com28 Aug 2025

'She told me I had no class, I have no education and to see what happens when we get outside the US.'

Son Heung-min joins LAFC in record MLS transfer deal

Son Heung-min joins LAFC in record MLS transfer deal

Rediff.com7 Aug 2025

Son Heung-min said he is "here to win" after he joined Los Angeles FC for a record Major League Soccer transfer fee, ending a decade-long stint at Tottenham Hotspur.

Want To Study AI Abroad?

Want To Study AI Abroad?

Rediff.com21 Aug 2025

'For tech fields like AI-DS, the US, Canada, UK, Germany and Australia are popular due to strong research and industry links', says rediffGURU Dr Karan Gupta.

BFSI sector to add 2.5 lakh jobs by 2030

BFSI sector to add 2.5 lakh jobs by 2030

Rediff.com21 Aug 2025

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.

'Was confident of India winning Oval Test'

'Was confident of India winning Oval Test'

Rediff.com5 Aug 2025

Ganguly, who is credited for transforming the Indian Test side from a struggling group into a formidable force, particularly in overseas conditions, revealed he was confident of India taking the remaining four wickets on the final day to pull off an extraordinary win.

'To chase down 350 is a fantastic effort; Credit to Australia'

'To chase down 350 is a fantastic effort; Credit to Australia'

Rediff.com23 Feb 2025

England skipper Jos Buttler expressed delight in Ben Duckett's record-breaking knock even as he hailed Australia for chasing down a massive total of 352 runs in the ICC Champions Trophy Group B match in Lahore on Saturday.

Trump's Tariffs: India's Second 1991 Moment

Trump's Tariffs: India's Second 1991 Moment

Rediff.com29 Aug 2025

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

Rediff.com27 Aug 2025

The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.

Aryan Khan Makes A Confession

Aryan Khan Makes A Confession

Rediff.com21 Aug 2025

The young star kid is all set to make his big fat debut in the OTT series, The Ba***ds of Bollywood.

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

Rediff.com21 Aug 2025

Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.

'Within 5 hours, it was done': Trump repeats he stopped India-Pak nuke war

'Within 5 hours, it was done': Trump repeats he stopped India-Pak nuke war

Rediff.com27 Aug 2025

Trump also repeated his claim that seven fighter jets or more were shot down during the hostilities.

Donnarumma credits Mother Nature for key save in PSG win

Donnarumma credits Mother Nature for key save in PSG win

Rediff.com8 May 2025

A day after Yann Sommer's brilliant goalkeeping display helped Inter Milan reach the Champions League final at the expense of Barcelona, it was Gianluigi Donnarumma's turn to shine as Paris St Germain booked their ticket for the showdown in Munich.

Insurers hopeful of reduction in GST on health, life premiums

Insurers hopeful of reduction in GST on health, life premiums

Rediff.com16 Aug 2025

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

E-commerce spend driving use of credit cards in non-metros, says Visa

E-commerce spend driving use of credit cards in non-metros, says Visa

Rediff.com14 Jan 2025

With rising disposable incomes in cities beyond metros, the penetration of credit cards - and consequently, credit card spending - is growing at a much faster pace than in traditional metro cities, primarily driven by e-commerce spending.

Three things that could curb bank credit growth this year

Three things that could curb bank credit growth this year

Rediff.com8 Jan 2025

Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand. There are three reasons for this: a statistical high-base effect given the strong growth seen last financial year, revision in risk weights by the Reserve Bank of India (RBI), and relatively slower economic activity.

ISRO working on 40-storey-tall rocket to launch 75-tonne payload

ISRO working on 40-storey-tall rocket to launch 75-tonne payload

Rediff.com19 Aug 2025

ISRO Chairman V Narayanan announced the development of a massive rocket capable of placing 75,000 kg payloads in low earth orbit, highlighting India's growing space capabilities and future satellite launches.

India won without Bumrah? Sachin has his say

India won without Bumrah? Sachin has his say

Rediff.com6 Aug 2025

'The quality of Bumrah is exceptional. What he has been able to do is just unbelievable so far'

How Simmo helped Hayden become a sweep shot master

How Simmo helped Hayden become a sweep shot master

Rediff.com16 Aug 2025

Taught me how to play sweep against spin: Matthew Hayden pays heartfelt tribute to Bob Simpson

Sensex jumps 676 pts as GST reform bid sparks rally

Sensex jumps 676 pts as GST reform bid sparks rally

Rediff.com18 Aug 2025

Among Sensex firms, Maruti zoomed the most by 8.94 per cent. Bajaj Finance rallied over 5 per cent, UltraTech Cement by 3.71 per cent, and Bajaj Finserv by 3.7 per cent. Mahindra & Mahindra, Hindustan Unilever and Trent were also among the gainers. However, ITC was the biggest loser, dropping by 1.26 per cent. Eternal, Tech Mahindra and Larsen & Toubro also declined.

'Hard Times Made Me Better'

'Hard Times Made Me Better'

Rediff.com18 Aug 2025

'In cricket, certain things are not in our control.'

Pakistan Creates Army Rocket Force to Boost Combat Capabilities

Pakistan Creates Army Rocket Force to Boost Combat Capabilities

Rediff.com15 Aug 2025

Pakistan has announced the creation of a new Army Rocket Force equipped with advanced technology to strengthen its combat capabilities. The announcement was made by Prime Minister Shehbaz Sharif, who also commented on the recent military confrontation with India and expressed gratitude to various countries for their support.

India Confident About US Trade Talks

India Confident About US Trade Talks

Rediff.com12 Aug 2025

Officials said the government-to-government engagement between the two countries on all other issues remains normal, but conceded rough spots over trade that need ironing out.

What Gill and Pant told Chris Woakes...

What Gill and Pant told Chris Woakes...

Rediff.com7 Aug 2025

Woakes came out with his left hand wrapped in a sling and tucked inside his sweater at the fall of the penultimate wicket with the fifth Test - which India won narrowly - tantalisingly placed.

Chasing return to ODI WC, WI eye all-facet improvement

Chasing return to ODI WC, WI eye all-facet improvement

Rediff.com11 Aug 2025

Chase and Greaves took a particular liking to Pakistan's part-timers of Saim Ayub and Salman Agha, with the pair each conceding 33 runs from their spell as the West Indies squared the series at 1-1 ahead of the final match at the same ground on Tuesday.

Trump's Tariffs: No More Protectionism Please!

Trump's Tariffs: No More Protectionism Please!

Rediff.com26 Aug 2025

Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.

Stock markets end flat in volatile trade

Stock markets end flat in volatile trade

Rediff.com14 Aug 2025

Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards.

Modi likely to visit US for UNGA session amid Trump tariff

Modi likely to visit US for UNGA session amid Trump tariff

Rediff.com13 Aug 2025

Prime Minister Narendra Modi is likely to address the UN General Assembly in September. The session will address global conflicts and trade negotiations between the US and India.

'India's Confidence In The US Is Shattered'

'India's Confidence In The US Is Shattered'

Rediff.com1 Sep 2025

'The current strain in the relationship is serious and likely to be long lasting.' 'Even if Trump suddenly changes his attitude toward India -- which he is entirely capable of doing -- it is unlikely that New Delhi will be able to pick up the pieces and respond as if nothing has happened.'