News for 'facility'

Banks make a killing from TERPs, standing deposit facility arbitrage

Banks make a killing from TERPs, standing deposit facility arbitrage

Rediff.com3 Jun 2025

Banks have been borrowing heavily from the Tri-Party Repo (TREPS) market and deploying those funds into the Standing Deposit Facility (SDF) of the Reserve Bank of India (RBI), which is offering higher interest rate than the former, leading to increased volumes in the SDF window. The weighted average TREPS rate was trading at 5.66 per cent on Monday, 9 basis points lower than the SDF rate which currently stands at 5.75 per cent.

Israel attacks kill 9 in Gaza after Netanyahu's order

Israel attacks kill 9 in Gaza after Netanyahu's order

Rediff.com29 Oct 2025

Israel Defence Forces carried out air strikes, killing nine people in Gaza, following an alleged violation of the United States-brokered ceasefire deal by Hamas, CNN reported.

UP doctor suspended, booked for 'burn govt's effigy' remark

UP doctor suspended, booked for 'burn govt's effigy' remark

Rediff.com28 Oct 2025

A video clip of the purported remark quickly went viral on social media, prompting local BJP MLA Raj Prasad Upadhyay to seek action against the doctor.

In Pix: The Stunning Flying Car From China!

In Pix: The Stunning Flying Car From China!

Rediff.com4 Nov 2025

A Chinese firm this week began trial production of flying cars stated to be the next-generation in the world of transportation, ahead of US firm Tesla and others plans to launch the same shortly.

Single narrow gate: What led to Andhra temple stampede

Single narrow gate: What led to Andhra temple stampede

Rediff.com1 Nov 2025

Opening the gate at once led to those coming out pushing against us, she said adding she fell down and three people fell on her.

'If Entrepreneurship Is A Marathon, Then...'

'If Entrepreneurship Is A Marathon, Then...'

Rediff.com17 Nov 2025

'...then preparing oneself for the long haul is also essential.' 'Identifying and holding onto values gives you strength to withstand the difficulties enroute.' 'Taking care of your physical, mental, and intellectual well-being gives you the strength to stay the path.'

EC to set up mobile phone deposit facility at polling stations

EC to set up mobile phone deposit facility at polling stations

Rediff.com23 May 2025

The Election Commission of India (ECI) has announced that it will set up mobile phone deposit counters at polling stations to ensure that voters do not have to carry their phones inside the polling booth. This decision was taken after it was observed that several voters were concealing their phones in their clothes due to the absence of a facility to deposit it. The ECI has also rationalized the permissible norms for canvassing in line with the electoral laws to 100 meters from the entrance of the polling station.

Agnikul Launches India's 1st 3D-Printed Rocket Hub

Agnikul Launches India's 1st 3D-Printed Rocket Hub

Rediff.com23 Sep 2025

For the first time in India, the facility enables 3D printing of aerospace and rocket components up to one metre in height.

Where The Deadly Cough Syrup Was Made

Where The Deadly Cough Syrup Was Made

Rediff.com18 Oct 2025

Sandwiched between a Hero MotoCorp showroom and a shop that hires out cooking utensils is a small, dingy building that's been locked up. The non-descript two-room building is a manufacturing unit of Sresan Pharmaceuticals, the pharma company made its Coldriff cough syrup that has allegedly killed 25 children in Madhya Pradesh.

Manufacturing Push Lifts Private Capex In H1FY26

Manufacturing Push Lifts Private Capex In H1FY26

Rediff.com10 Nov 2025

Private investment projects constitute well over 70 per cent of the nearly Rs 34 trillion of fresh investments announced in H1 this year.

Tejas Mk1A Soars on Maiden Flight

Tejas Mk1A Soars on Maiden Flight

Rediff.com18 Oct 2025

India's indigenous fighter jet programme reached a key milestone on Friday, October 17, 2025, as the Tejas Mk1A made its maiden flight at Hindustan Aeronautics Limited's Nashik facility.

How To Build a Flexible Health Fund

How To Build a Flexible Health Fund

Rediff.com6 Nov 2025

'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'

Local body polls soon? Maha cabinet takes 21 decisions in single day

Local body polls soon? Maha cabinet takes 21 decisions in single day

Rediff.com4 Nov 2025

A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.

Equal work, unequal wages: pay gap persists for gig workers

Equal work, unequal wages: pay gap persists for gig workers

Rediff.com26 Oct 2025

Even as festive hiring for the year surged, wage parity between gig and permanent employees remained unresolved, with 47 per cent of respondents believing there is a pay gap, a report has revealed.

Why investors are bullish about hospital stocks

Why investors are bullish about hospital stocks

Rediff.com22 Oct 2025

While Q2FY26 is expected to be mildly disappointing for the hospital sector, there's a lot of investor optimism for the future. This comes after a favourable revision in rates for Central Government Health Scheme (CGHS) procedures, as well as expectations of rising occupancy and growth in average revenue per operating bed (ARPOB).

Man stabs ex-girlfriend to death on Mumbai street, kills himself

Man stabs ex-girlfriend to death on Mumbai street, kills himself

Rediff.com25 Oct 2025

According to the police, Barai suspected that Yadav was seeing someone else, which had led to a fight between the duo, and they eventually ended their relationship.

8 killed as passenger, cargo trains collide in Bilaspur

8 killed as passenger, cargo trains collide in Bilaspur

Rediff.com5 Nov 2025

At least eight persons, including the loco pilot, were killed and 14 others injured after a passenger train allegedly jumped a red signal and collided with a goods train from behind near Bilaspur station in Chhattisgarh on Tuesday, officials said.

'Mahagathbandan Lost Steam After Vote Chori Campaign'

'Mahagathbandan Lost Steam After Vote Chori Campaign'

Rediff.com6 Nov 2025

'The campaign by the Mahagathbandan has failed to capture the imagination of the electorate given the fatigue factor with the Nitish government.'

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Rediff.com30 Oct 2025

Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.

TN, MP ban Coldrif cough syrup after child deaths

TN, MP ban Coldrif cough syrup after child deaths

Rediff.com4 Oct 2025

The toll in the case reached nine in Madhya Pradesh while media reports said of two infants died in Rajasthan.

'No rivalry between India and Pakistan in hockey too'

'No rivalry between India and Pakistan in hockey too'

Rediff.com26 Sep 2025

There is no competition between India and Pakistan in hockey: Hardik Singh

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

Was killer cough syrup exported, asks WHO to India

Was killer cough syrup exported, asks WHO to India

Rediff.com9 Oct 2025

The WHO will take a call on issuing a 'Global Medical Products Alert' on the cough syrup, Coldrif, after receiving an official confirmation from authorities here. The agency issues such alerts for substandard and contaminated medicines.

'GST 2.0 Boost For Insurance Industry'

'GST 2.0 Boost For Insurance Industry'

Rediff.com25 Oct 2025

'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'

Cough Medicine Deaths: Rajasthan Suspends Drug Controller

Cough Medicine Deaths: Rajasthan Suspends Drug Controller

Rediff.com4 Oct 2025

The Rajasthan government has suspended the state drug controller and halted the distribution of medicines manufactured by Kaysons Pharma following reports of children's deaths allegedly linked to contaminated cough syrup.

What's Sachin Telling Raj Thackeray?

What's Sachin Telling Raj Thackeray?

Rediff.com23 Sep 2025

Sachin Tendulkar was the guest of honour at the grand inauguration of the newly renovated Shivaji Park Gymkhana along with MNS chief chief Raj Thackeray.

Tesla, VinFast Fail To Make A Splash In India

Tesla, VinFast Fail To Make A Splash In India

Rediff.com22 Oct 2025

In September, Tesla and VinFast accounted for less than 0.5 per cent of all EV registrations.

3 cough syrups have been recalled: India replies to WHO

3 cough syrups have been recalled: India replies to WHO

Rediff.com9 Oct 2025

India's drug regulator CDSCO has recalled three cough syrups and halted their production after the WHO raised concerns about potential contamination and links to child deaths. The WHO is investigating reports of pediatric illnesses and deaths in India potentially linked to contaminated syrups.

When Women In Blue Stayed At NRI Homes During Tours!

When Women In Blue Stayed At NRI Homes During Tours!

Rediff.com1 Nov 2025

There was no money, sponsors didn't make a beeline and foreign tours were an ordeal, but there were women of steel who believed in the old adage that "the show must go on." And Nutan Gavaskar was the first among equals, one of the torchbearers of the women's cricket movement in India back then in 1973.

Bank customers can opt for up to four nominees from Nov 1

Bank customers can opt for up to four nominees from Nov 1

Rediff.com23 Oct 2025

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.

Modi inaugurates Navi Mumbai airport, metro to Cuffe Parade

Modi inaugurates Navi Mumbai airport, metro to Cuffe Parade

Rediff.com8 Oct 2025

Prime Minister Narendra Modi inaugurated the first phase of the Navi Mumbai International Airport and dedicated the Mumbai Metro Line 3 to the nation, marking significant infrastructure developments in the Mumbai Metropolitan Region.

Hospital Fires Expose Alarming Safety Failures

Hospital Fires Expose Alarming Safety Failures

Rediff.com8 Oct 2025

'Faulty alarms, delays in shutting off oxygen, poor electrical maintenance and staff untrained for emergencies. These are not isolated incidents but reflect a larger pattern of weak oversight.'

Tejas Mk1A Gets Ready To Boost IAF Air Power

Tejas Mk1A Gets Ready To Boost IAF Air Power

Rediff.com27 Oct 2025

HAL executives said deliveries of the Tejas Mk1A to the IAF would begin within this year, but only after the successful completion of the weapons-firing trials currently underway.

'Nicobar's exploitation portrayed as strategic defence project'

'Nicobar's exploitation portrayed as strategic defence project'

Rediff.com28 Oct 2025

Over 70 scientists, environmentalists, and former bureaucrats are urging the Indian government to reconsider the Great Nicobar Island project, citing environmental and social concerns.

Govt to bring regulation on deepfakes soon: Vaishnaw

Govt to bring regulation on deepfakes soon: Vaishnaw

Rediff.com18 Oct 2025

The government is going to bring a regulation on deepfakes soon that will take help of technology for efficient implementation, Union electronics and IT minister Ashwini Vaishnaw said on Saturday.

Taliban vow to respond to Pak airstrikes ahead of peace talks

Taliban vow to respond to Pak airstrikes ahead of peace talks

Rediff.com18 Oct 2025

Even as Pakistan and Afghanistan gear up to meet in Doha on Saturday to broker a peace after days of fighting and air strike the Taliban government said that Afghanistan reserves the right to respond to Pakistani airstrikes on its land.

Maoist issue on verge of becoming history: Rajnath Singh

Maoist issue on verge of becoming history: Rajnath Singh

Rediff.com21 Oct 2025

Defence Minister Rajnath Singh addressed the Police Commemoration Day, highlighting emerging security threats such as terrorism, organized crime, and border instability. He emphasized the importance of internal and external security for India's development and commended the police for their efforts in maintaining peace and combating Naxalism.

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

Employer Returns Get Simpler with EPFO's New ECR

Employer Returns Get Simpler with EPFO's New ECR

Rediff.com29 Sep 2025

'These changes are expected to eliminate many data-entry problems that make the return filing process cumbersome in the current system.'

What India Plans to Focus On At COP30 Summit in Brazil

What India Plans to Focus On At COP30 Summit in Brazil

Rediff.com27 Oct 2025

'At COP30, the emphasis will be on unlocking climate finance, reinforcing the principle of common but differentiated responsibilities, and building resilience through inclusive transitions and the mainstreaming of adaptation.'