News for 'foster'

RBI flags concentration risk among govt-NBFCs, all tied to power sector

RBI flags concentration risk among govt-NBFCs, all tied to power sector

Rediff.com28 Dec 2023

The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector, indicating concentration risk, according to the Reserve Bank of India's report "Trend and Progress of Banking in India 2022-23". Notably, all the 50 are tied to the power sector, a domain fraught with inherent challenges, the report said. The report highlighted recognising the escalating systemic importance of G-NBFCs, the Prompt Corrective Action (PCA) framework had been expanded to include G-NBFCs excluding those falling within the base layer.

10 Tamil Comedies You Must Watch On OTT

10 Tamil Comedies You Must Watch On OTT

Rediff.com19 Mar 2024

Comedies are a difficult genre to pull off in today's day and age, thanks to the audiences' increasing exposure to diverse content and dwindling attention spans. Still, there are quite a few Tamil movies that can bring on the laughs. Arjun Menon lists the recent releases you can watch at home.

Rafale, Prachand debut in IAF's Pokharan firepower show on Feb 17

Rafale, Prachand debut in IAF's Pokharan firepower show on Feb 17

Rediff.com3 Feb 2024

The triennial exercise will take place for two hours and fifteen minutes during the day, dusk and night, he said.

Ashwin hails Yashasvi Jaiswal's explosive debut: 'He's the new star in the making!'

Ashwin hails Yashasvi Jaiswal's explosive debut: 'He's the new star in the making!'

Rediff.com13 Jul 2023

Jaiswal remained composed, primarily adopting a defensive approach throughout the evening.

How Indians Will Date in 2024

How Indians Will Date in 2024

Rediff.com6 Dec 2023

Ravi Mittal, CEO, Quack Quack, explains how casual dating will pave the way for manifest dating and more serious relationships in 2024.

'Pakistanis see Imran Khan as the saviour'

'Pakistanis see Imran Khan as the saviour'

Rediff.com16 Feb 2024

'Imran Khan's rule was dismal. Despite this, he has become a cult figure.' 'He sold the dream of a Naya Pakistan to the people of Pakistan, especially the youth, and branded all other politicians as corrupt.' 'Hence, his popularity.'

Politicians criticise fans for heckling Pak cricketer Rizwan

Politicians criticise fans for heckling Pak cricketer Rizwan

Rediff.com16 Oct 2023

A group of fans shouted 'Jai Shri Ram' (Hail Lord Ram) multiple times when Rizwan was walking back to the pavilion after being dismissed by pacer Jasprit Bumrah.

Gujarat Titans' gain: KKR CEO on losing Shubman Gill

Gujarat Titans' gain: KKR CEO on losing Shubman Gill

Rediff.com30 Apr 2023

Shubman Gill's loss has been Gujarat Titans' gain as the India opener played a key role in winning the title in their maiden appearance last season.

Does A Woman's Career End At 40?

Does A Woman's Career End At 40?

Rediff.com20 Mar 2024

RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.

Russia's Unease Over India-US Proximity

Russia's Unease Over India-US Proximity

Rediff.com5 Mar 2024

The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.

'Anti-India narrative has been ongoing in Maldives'

'Anti-India narrative has been ongoing in Maldives'

Rediff.com10 Jan 2024

Nasreen, who served as the director of the Indian Cultural Centre at the high commission of India in Male, Republic of Maldives, from 2019 to 2023, shared insights into the growing influence of China and Pakistan in countering India's soft power.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Jamiat, 2 firms booked for issuing 'forged' halal certificates to boost sales

Jamiat, 2 firms booked for issuing 'forged' halal certificates to boost sales

Rediff.com18 Nov 2023

The case has been registered against entities such as the Halal India Private Limited Chennai, Jamiat Ulama-i-Hind Halal Trust Delhi, Halal Council of India Mumbai, Jamiat Ulama Maharashtra and others for allegedly exploiting religious sentiments to boost sales by providing halal certificates to customers of a specific religion, the UP government said in a statement on Saturday.

Selena Makes Heads Turn At Emmys

Selena Makes Heads Turn At Emmys

Rediff.com16 Jan 2024

The 75th Emmys saw a lot of fashion, but even more talent.

Pakistan to join BRICS? Foreign Office replies

Pakistan to join BRICS? Foreign Office replies

Rediff.com26 Aug 2023

"We will examine the latest developments and make a determination about our future engagement with BRICS," Baloch said.

China, Pak to hold joint maritime patrols in Arabian sea

China, Pak to hold joint maritime patrols in Arabian sea

Rediff.com13 Nov 2023

The Chinese and Pakistani navies at a naval base in Karachi on Saturday kicked off the 'Sea Guardians-3' exercise in the waters and airspace of the northern Arabian Sea in drills that include anti-submarine operations, Dawn News reported on the exercises which will end on Friday.

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

EPL PIX: Villa up to second, City back in the groove; United lose

EPL PIX: Villa up to second, City back in the groove; United lose

Rediff.com31 Dec 2023

IMAGES from the Premier League matches played on Saturday.

This is a defining partnership of this century, says Modi at US Congress

This is a defining partnership of this century, says Modi at US Congress

Rediff.com23 Jun 2023

Modi on Thursday became the first Indian leader to address the joint session of the US Congress twice.

What Modi said to Neil deGrasse Tyson

What Modi said to Neil deGrasse Tyson

Rediff.com21 Jun 2023

They discussed at length India's rapid progress in the space sector, including various space exploration missions being undertaken by India, the Ministry of External Affairs said in a press release.

Modi discusses India's growth story with top American thought leaders

Modi discusses India's growth story with top American thought leaders

Rediff.com21 Jun 2023

Prime Minister Narendra Modi has met leading American economist Paul Romer, investor and co-founder of hedge fund, Bridgewater Associates Ray Dalio, and other eminent thought leaders and exchanged views with them and briefed them about the reform trajectory of his government to foster economic growth. Prime Minister Modi is in New York on the first leg of his maiden state visit to the US at the invitation of President Joe Biden. Modi and Romer held discussions on India's digital journey, including the use of Aadhaar and innovative tools like Digilocker.

Regulatory framework for large unlisted firms by MCA in the works

Regulatory framework for large unlisted firms by MCA in the works

Rediff.com4 Oct 2023

The ministry is of the opinion that there is a need for a rigorous regime for large unlisted companies, in contrast with the current "light-touch" regulation. "There is a defined regime for listed companies, by the Securities and Exchange Board of India (Sebi). "There is a view in the ministry that it needs to look at a framework for large unlisted companies," the senior official said.

ISRO to put first astronaut on Moon by 2040

ISRO to put first astronaut on Moon by 2040

Rediff.com12 Dec 2023

After the historic success of its Chandrayaan-3 lunar mission, Indian Space Research Organisation (ISRO) is going full throttle with its plans to send Indian astronauts for the first time to the Moon by 2040, ISRO Chairman S Somanath said.

G20 Summit: The biggest challenge India faces is...

G20 Summit: The biggest challenge India faces is...

Rediff.com8 Sep 2023

The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.

Corporate India on overdrive to celebrate Ram Mandir inauguration

Corporate India on overdrive to celebrate Ram Mandir inauguration

Rediff.com19 Jan 2024

As Ayodhya readies itself for the glittering, much-awaited consecration ceremony of the Ram Mandir on January 22, and as millions of pilgrims and devotees pour into the holy city for the momentous event, companies are rushing to do their bit and be a part of the mega celebrations. Some are offering a part of their profits as donations, telcos are beefing up the number of cellular towers to ensure better connectivity, and there are those distributing jalebis and food platters.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

How does AMU's minority status matter to people, asks SC bench

How does AMU's minority status matter to people, asks SC bench

Rediff.com11 Jan 2024

How does it matter for people whether the Aligarh Muslim University is a minority institution or not when it has continued to be an institute of national importance without the minority tag, the Supreme Court said on Thursday as it underlined that the intent of Article 30 of the Constitution is not to "ghettoise the minority".

Minnesota woman in search of her biological parents in Lucknow

Minnesota woman in search of her biological parents in Lucknow

Rediff.com26 Sep 2023

Mahogany Emberkai from Minnesota has been in Lucknow for three weeks now, 21 years after she was adopted by a US woman and taken to America. "I have been in Lucknow for the past three weeks to trace my family. I was found in Charbagh Railway Station in Lucknow and taken to an orphanage and was adopted in 2002 by a US woman (Carol Brand). She took me to America, raised me there even though she was an abuser, and now I am back to Lucknow to figure out my history," Emberkai told PTI.

I-T notifies 'Angel Tax' rules for valuing investments in startups

I-T notifies 'Angel Tax' rules for valuing investments in startups

Rediff.com26 Sep 2023

The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As per the changes in Rule 11UA of I-T rules, which comes into effect from September 25, the Central Board of Direct Taxes (CBDT) provides that the valuation of compulsorily convertible preference shares (CCPS) can also be based on the fair market value of unquoted equity shares. The amended rules also retain the five new valuation methods proposed in the draft rules for consideration received from the non-residents viz., (i) Comparable Company Multiple Method, (ii) Probability Weighted Expected Return Method, (iii) Option Pricing Method, (iv) Milestone Analysis Method, and (v) Replacement Cost Method.

Dec 2023 to April 2024, BJP Has Packed Schedule

Dec 2023 to April 2024, BJP Has Packed Schedule

Rediff.com26 Dec 2023

Its workers are on their toes to win over the voters once again, with idea of 'Amrit Kaal'.

'Maldives must make stronger statement to repair India relations'

'Maldives must make stronger statement to repair India relations'

Rediff.com10 Jan 2024

On being asked if the ongoing spat between the two countries is going to have an impact on the India-Maldives ties, as well the revenue that Indian tourists have generated for the island nation over the years, the Maldivian leader, who was also the former Minister of Economic Development of Maldives, asserted that it is much more than economics or revenue.

12 Asanas For GOOD HEALTH

12 Asanas For GOOD HEALTH

Rediff.com20 Feb 2024

Yogini and wellness entrepreneur Radhika Iyer Talati recommends 12 asanas to improve your overall health.

G20 Summit: India's top sportspersons hail PM Modi

G20 Summit: India's top sportspersons hail PM Modi

Rediff.com11 Sep 2023

From Neeraj Chopra to PV Sindhu, India's top sports personalities hailed Prime Minister Narendra Modi for hosting a successful G20 Summit and taking "international diplomacy to a whole new level".

Will 2024 be a happy year for equity investors?

Will 2024 be a happy year for equity investors?

Rediff.com31 Dec 2023

tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.

Investors turn richer by Rs 81.90 lakh crore in 2023

Investors turn richer by Rs 81.90 lakh crore in 2023

Rediff.com29 Dec 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.

New Maldives Prez Muizzu formally asks India to withdraw troops

New Maldives Prez Muizzu formally asks India to withdraw troops

Rediff.com18 Nov 2023

Muizzu's request came when India's Union Minister Kiren Rejiju paid a courtesy call on the new president at the latter's office, the Maldivian President's Office said in a press release.

'We View Wildlife As A Threat'

'We View Wildlife As A Threat'

Rediff.com16 Feb 2024

'We need to understand and respect wildlife behaviour.'

'Prasanth wanted Yash to play Hanuman'

'Prasanth wanted Yash to play Hanuman'

Rediff.com31 Jan 2024

'Since God was being shown in live action on such a large scale, Prasanth was initially sceptical about going with an animated character.'

ISRO set to launch satellite to study black holes

ISRO set to launch satellite to study black holes

Rediff.com1 Jan 2024

The Indian Space Research Organisation (ISRO) is set to welcome the new year with the launch of its first X-Ray Polarimeter Satellite that would offer insights into celestial objects like black holes, onboard a Polar Satellite Launch Vehicle rocket on Monday.

ICC unveils Men's ODI Cricket World Cup mascot duo

ICC unveils Men's ODI Cricket World Cup mascot duo

Rediff.com19 Aug 2023

During the lead-up to and at the tournament, the mascot duo will engage with fans in person, through broadcasts, and on digital platforms.