In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
Before applying for a home loan, make sure you have not been delinquent in the past six months at least.
I did a lousy job of making my wife understand the need for me to start my own business and this haunted me through my start-up journey.
Yes, startups neither have a rigid structure, nor do they have to be uptight about things, but basic discipline is a must, and it is in the hands of startup founders to inculcate some rules within the team.
'The tiger is the epitome of evolution.' 'Every tiger has a stripe pattern that is unique. Each tiger is unique.' 'Tigers are very elusive. It is said a tiger sees you nine times when you see it once.'
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
Remadevi Thottathil, Indian Navy's first ever lady Air Traffic Controller takes us through her inspiring career journey.
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The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.
Kidney scouts roam around the labour markets in the poorest districts of Bihar, West Bengal, Uttar Pradesh, Tamil Nadu and Delhi in search of potential donors.
Simanta Roy looks beyond Sim Bhullar's 7'5" tall, 360-pound frame to the player who became the first athlete of Indian descent to secure an NBA contract.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Model Pia Trivedi tells Rediff.com's Tista Sengupta about the issues closest to her heart.
Lumia 830 is the last phone to carry the iconic Nokia branding. But is it geared to take on the competition? Himanshu Juneja has the answer.
After many false starts, India may well be at the inflexion point that Deng Xiaoping took China to post-1978. The window of opportunity is wide open right now, says Rajeev Srinivasan.
If Mr Rajan's citizenship is considered relevant for heading an organisation that issues sovereign currency, should the provenance of a participant in a critical function of a sovereign democracy not count as well?
How will young batsmen brought up on T20 learn to build an innings? What about the technique to patiently negotiate hostile seam bowling conditions or the skill to play on difficult dusty turners? What about leaving the swinging ball outside off stump?
A friendly working environment, special healthcare facilities, flexible work hours, work from home options, support and camaraderie among the team members keep employees highly motivated in these 10 companies.
'For 87 years of his life, Bellur Krishnamachar Sundararaja Iyengar walked the path of fire and taught yoga to people who were not even interested in learning.'
When minnows Jammu and Kashmir defeated 40-times Ranji Trophy champions Mumbai on Wednesday, it was perhaps the biggest-ever shock victory in domestic Indian cricket. Rediff.com's Vaihayasi P Daniel and Sonil Dedhia spent time with the J&K team after their stunning triumph to discover the inspiring story of how these fine cricketers turned adversity into advantage.
With Ebola claiming at least 932 lives and infecting more than 1,700 people since breaking out in west Africa earlier this year, the World Health Organisation has declared it to be a "public health emergency of international concern." The disease has no vaccine and no specific treatment.
India has so far succeeded in staving off the deadly virus that has claimed over 4,500 lives abroad.
More and more companies are warming up to the idea of reverse mentoring.
Fires are still burning at the site of the two massive explosions some 36 hours after the blasts as another 6,200 people were evacuated to prevent further casualties.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Despite a lot of lip service to national unity, functional relations between the Han Chinese immigrants and the Uyghur regional majority have not developed on equitable basis, says R Hariharan
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
The goal of the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households, a panel chaired by Nachiket Mor that submitted its report to the Reserve Bank of India last week, is truly a BHAG.
Read on to learn how you can get funding for your business right now!
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
From a laidback boy with poor dietary habits, Kidambi Srikanth has become an attacking player who can quickly deploy his considerable skills against tough opponents, writes Anand Datla
A group of young guns led by Abhijit Jejurikar showed the world what they are capable of.
Polo is regarded as sport of the kings. It was played by the likes of Darius, Genghis Khan, and Alexander the Great. Dr Richard T. Caleel, the president of the Federation of International Polo (FIP) was in Jaipur recently. Rediff.com's PB Chandra spoke to Dr Caleel on how the FIP is trying to popularize the sport.
Two lessons from the closure of the Barak investigation: be careful with investigations, and buy from the US or Russia through transparent protocols. Premvir Das examines
'The challenges of the world are too great for any one religious tradition to address alone... The best way to learn about other religions is not from books, but from people... Go talk to someone from a different faith tradition. Get to know them. Build up some trust.' Dr Katharine Rhodes Henderson, who jointly won Hofstra University's Guru Nanak Prize for inter-faith champions in the United States, discusses religion and the challenges of extremism in this lively interview with Rediff.com's Arthur J Pais.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
'A few months ago, everybody was saying, "Why isn't Vijender taking part in the Olympics?"' 'This is not like going to Haryana or Delhi that you just take a ticket and reach there.' 'Going to the Olympics is not easy'
Short-term gains are always unpredictable.
This was good enough for Fernandes to hire Chandilya to lead his India business.
