News for 'formal credit'

Bastar Region Sees Transformation as Security Camps Become Public Infrastructure

Bastar Region Sees Transformation as Security Camps Become Public Infrastructure

Rediff.com25 Mar 2026

The Bastar region of Chhattisgarh, India, is transitioning away from decades of Maoist conflict, with plans to convert security camps into public infrastructure. A senior Maoist commander recently surrendered, marking a significant step in the government's efforts to eliminate Naxalism.

Tamil Nadu's Baranica Elangovan Breaks Pole Vault National Record

Tamil Nadu's Baranica Elangovan Breaks Pole Vault National Record

Rediff.com24 Mar 2026

Tamil Nadu athlete Baranica Elangovan set a new national record in the women's pole vault at the National Indoor Championships in Bhubaneswar, clearing 4.22m.

'Stay tuned' for Modi-Trump meet: US envoy

'Stay tuned' for Modi-Trump meet: US envoy

Rediff.com20 Feb 2026

The US President had hosted Modi for an official working visit in Washington, DC, on February 13 last year.

How India-US Trade Deal Finally Shaped Up

How India-US Trade Deal Finally Shaped Up

Rediff.com12 Feb 2026

The turning point came with the appointment of Sergio Gor as the US ambassador to India.

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

Rediff.com7 Feb 2026

'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'

Maduro's Link to Sathya Sai Baba...

Maduro's Link to Sathya Sai Baba...

Rediff.com5 Jan 2026

Long before he became Venezuela's president, Nicolas Maduro's life intersected with India in a profound personal way.

Indian Digital Payment Intelligence Corporation To Combat Fraud

Indian Digital Payment Intelligence Corporation To Combat Fraud

Rediff.com26 Nov 2025

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.

The Lady Who Got A Dreaded Maoist To Surrender

The Lady Who Got A Dreaded Maoist To Surrender

Rediff.com27 Feb 2026

'They are not abandoning their ideology. They now believe it is better to pursue their goals through the Constitution rather than from the barrel of a gun -- even if the ideology itself remains intact.'

Bank returns 57 lakh to TMC MP that was stolen in fraud

Bank returns 57 lakh to TMC MP that was stolen in fraud

Rediff.com8 Nov 2025

The money that was allegedly siphoned by fraudsters from Trinamool Congress MP Kalyan Banerjee's dormant account with a nationalised bank earlier this week has been credited back to him by the bank authorities, the politician said.

Nitin Nabin Was 7 Weeks Old When BJP Was Formed In 1980

Nitin Nabin Was 7 Weeks Old When BJP Was Formed In 1980

Rediff.com15 Dec 2025

BJP sources said the formal process to elect current party President J P Nadda's successor will begin in mid-January, following Makar Sankranti, with Nitin Nabin expected to be the frontrunner to file his nomination.

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

Rediff.com28 Nov 2025

The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.

Inderjit Singh Bindra: Architect of Modern Indian Cricket

Inderjit Singh Bindra: Architect of Modern Indian Cricket

Rediff.com27 Jan 2026

As he is laid to rest, Indian cricket bids farewell to one of its greatest administrators -- a visionary who understood that breaking monopolies and building stadiums were about the same thing: Giving millions of cricket-loving Indians the infrastructure worthy of their passion.

India on track to surpass $4 trn GDP in FY26: CEA

India on track to surpass $4 trn GDP in FY26: CEA

Rediff.com26 Nov 2025

India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

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

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

Rediff.com2 Oct 2025

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 lending in the country.

Maha farmers get Rs 3 as compensation under crop insurance scheme

Maha farmers get Rs 3 as compensation under crop insurance scheme

Rediff.com30 Oct 2025

Farmers in some villages of Maharashtra's Akola district claimed to have received as little as Rs 3 and Rs 21 as compensation under a central insurance scheme for the crop losses they suffered due to heavy rains, and called the aid as 'insulting' and 'mockery' of their plight.

EPF@8.25%: Is It Really Worth It?

EPF@8.25%: Is It Really Worth It?

Rediff.com9 Oct 2025

Here's unlocking the real story behind your EPF's 8.25% interest and what it truly means for your retirement kitty.

Meet One Of The BJP's Most Powerful Leaders

Meet One Of The BJP's Most Powerful Leaders

Rediff.com12 Sep 2025

Much of the credit for bringing the BJP, which had lost ground in UP, back to the top goes to Sunil Bansal.

Chinese steel inflows via Nepal raise alarm

Chinese steel inflows via Nepal raise alarm

Rediff.com24 Nov 2025

The matter has now been escalated and the ministry has written to Customs, Bureau of Indian Standards (BIS) and the Directorate of Revenue Intelligence (DRI) to investigate it thoroughly.

Should India Retain The Inflation Targeting Regime?

Should India Retain The Inflation Targeting Regime?

Rediff.com1 Dec 2025

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.

Budget 2025: More credit for farmers, 6 new schemes announced

Budget 2025: More credit for farmers, 6 new schemes announced

Rediff.com1 Feb 2025

In a significant policy shift aimed at boosting agri-productivity and rural prosperity, Finance Minister Nirmala Sitharaman on Saturday announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs 3 lakh, benefiting 7.7 crore farmers, fishermen, and dairy farmers.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

Payslip To Pension To Long-Term Wealth: How EPF Works

Payslip To Pension To Long-Term Wealth: How EPF Works

Rediff.com9 Oct 2025

A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.

Netanyahu nominates Trump for Israel's highest civilian award

Netanyahu nominates Trump for Israel's highest civilian award

Rediff.com13 Oct 2025

Prime Minister Benjamin Netanyahu on Monday nominated United States President Donald Trump for the Israel Prize, the country's highest civilian honour, hailing him as 'the greatest friend that Israel has ever had in the White House'.

Budget 2026: Nirmalaji's Challenges, Opportunities

Budget 2026: Nirmalaji's Challenges, Opportunities

Rediff.com21 Nov 2025

The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.

Woman on FBI's 'top 10 most wanted' list held in India

Woman on FBI's 'top 10 most wanted' list held in India

Rediff.com21 Aug 2025

The FBI has arrested Cindy Rodriguez Singh, a woman on the agency's '10 Most Wanted Fugitive' list, accused of killing her six-year-old son and fleeing to India to evade prosecution.

AI crash: Victims' kin file claims under multiple insurance categories

AI crash: Victims' kin file claims under multiple insurance categories

Rediff.com13 Jul 2025

Insurance companies are processing a surge of claims related to the Air India plane crash in Ahmedabad, including travel, personal accident, and life insurance claims.

'We Carried BJP to Power, Now They Crush Us'

'We Carried BJP to Power, Now They Crush Us'

Rediff.com19 Nov 2025

'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'

Uddhav, Raj meet for 2nd time in 2 weeks amid alliance buzz

Uddhav, Raj meet for 2nd time in 2 weeks amid alliance buzz

Rediff.com10 Sep 2025

The Congress party extends best wishes to the newly-elected Vice President of India, C P Radhakrishnan, while recalling the words of the first Vice President, Sarvepalli Radhakrishnan, on the importance of free criticism in a democracy.

Govt scraps FCRA licence of Wangchuk's NGO amid Ladakh unrest

Govt scraps FCRA licence of Wangchuk's NGO amid Ladakh unrest

Rediff.com25 Sep 2025

The cancellation means the Leh-based institute will no longer be able to receive or utilise foreign funding.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Maldives, India have unbreakable bond: Muizzu

Maldives, India have unbreakable bond: Muizzu

Rediff.com26 Jul 2025

Describing the Indian Ocean as a living testament to long-standing ties between the Maldives and India, Maldivian President Mohamed Muizzu has said that the two nations have forged a resilient and unbreakable bond that extends far beyond diplomacy.

Vietnam Emerges As India's Key Defence Partner

Vietnam Emerges As India's Key Defence Partner

Rediff.com17 Nov 2025

The 15th India-Vietnam Defence Dialogue signalled a move from routine talks to deeper cooperation, with new deals on submarine rescue and defence industry to support stability in the Indo-Pacific, notes Dr Rajaram Panda.

Puja Pujara's Candid Memoir Adorns Lord's Library

Puja Pujara's Candid Memoir Adorns Lord's Library

Rediff.com19 Jul 2025

'The Diary of a Cricketer's Wife' penned by Puja Pujara, capturing the journey of her husband Cheteshwar, found a hallowed introduction place at the Lord's Cricket Ground library and the author termed the book as "something for everyone."

Sonali Ghosh's Historic Wildlife Journey

Sonali Ghosh's Historic Wildlife Journey

Rediff.com31 Oct 2025

Dr Sonali Ghosh, the first woman to head the Kaziranga National Park and the first Indian to win the IUCN's Kenton Miller Award, has turned her childhood love for nature into an inspiring career in wildlife protection and leadership.

Share of women in urban salaried jobs at 6-year low in Q4FY24: PLFS

Share of women in urban salaried jobs at 6-year low in Q4FY24: PLFS

Rediff.com20 May 2024

The share of women employed in regular salaried jobs in urban India hit a fresh low in the January-March quarter (Q4) of 2023-24 (FY24). In the same period, the share of women engaged in self-employment went up. An analysis of the latest quarterly Periodic Labour Force Survey (PLFS) data showed the share of women in regular wage work among all employed women stood at 52.3 per cent in Q4FY24, down from 53 per cent in the previous quarter.

Working With A Younger Boss? 10 Smart Tips For You

Working With A Younger Boss? 10 Smart Tips For You

Rediff.com31 Jul 2025

Adarsh Rai, an emotional intelligence coach and the founder-CEO of HR Brain HUB, suggests simple, practical tips that will help you adapt and thrive while working with Gen Z and millennial bosses in today's evolving workplace.

World Women's Chess Cup: Four Indians vie for QF spot

World Women's Chess Cup: Four Indians vie for QF spot

Rediff.com18 Jul 2025

International Master Divya Deshmukh, who is waiting to become a Grandmaster, had a tough day in office as she was outplayed by Zhu Jiner of China in the return game of the pre-quarterfinals in the FIDE World Women's Chess Cup in Batumi, Georgia on Thursday.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.