News for 'uttam'

Ahead of Diwali, 7800+ kg of banned firecrackers seized in Delhi

Ahead of Diwali, 7800+ kg of banned firecrackers seized in Delhi

Rediff.com10 Oct 2025

The drive, carried out by various police districts and units, including the crime branch and AATS teams, aligns with the Supreme Court's directions and the Delhi government's blanket ban on the sale, storage, and use of firecrackers to curb pollution during Diwali.

Balanced advantage funds tilt towards equities, again

Balanced advantage funds tilt towards equities, again

Rediff.com23 Sep 2025

Balanced advantage funds (BAFs), which adjust between stocks and bonds depending on market conditions, have increased their equity holdings over the past year, with most schemes now predominantly invested in equities.

US Senator Proposes Tax On Companies That Hire Foreigners

US Senator Proposes Tax On Companies That Hire Foreigners

Rediff.com9 Sep 2025

'If companies want to hire foreign workers instead of Americans, my bill will hit them where it hurts: Their pocketbooks.'

CDS Gen Anil Chauhan's tenure extended till May next year

CDS Gen Anil Chauhan's tenure extended till May next year

Rediff.com25 Sep 2025

The government has extended the tenure of Chief of Defence Staff Gen Anil Chauhan up to May next year.

Smallcap Schemes Stage Comeback

Smallcap Schemes Stage Comeback

Rediff.com26 Sep 2025

This marks a rebound after more than two years of underperformance during a strong rally in smallcap stocks.

HAL Poised For Growth With Strong Order Book

HAL Poised For Growth With Strong Order Book

Rediff.com6 Oct 2025

HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.

'India's Misinformation Problem Is Deeply Social'

'India's Misinformation Problem Is Deeply Social'

Rediff.com22 Oct 2025

'It flows through families, caste groups, and local WhatsApp communities where trust is personal.' 'Children are taught to defer to elders, so if a parent or uncle forwards something, you don't question it.'

H1B Crisis: Rs 85,500 Cr Wiped Out From IT Stocks

H1B Crisis: Rs 85,500 Cr Wiped Out From IT Stocks

Rediff.com23 Sep 2025

'It's better to stay away from large IT stocks until there is clarity on tariffs.'

Officers who planned, executed Operation Sindoor awarded

Officers who planned, executed Operation Sindoor awarded

Rediff.com15 Aug 2025

India recognised acts of gallantry by armed forces personnel and senior military officers involved in Operation Sindoor, along with other distinguished service awards, on the eve of the 79th Independence Day.

LIC drags new business premiums of life insurers by 5.2 %

LIC drags new business premiums of life insurers by 5.2 %

Rediff.com10 Sep 2025

New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance Corporation (LIC), data from the Life Insurance Council showed. LIC recorded a 17 per cent YoY fall in new business premiums to Rs 16,023 crore during the month, while private life insurers reported a 12 per cent YoY increase to Rs 14,936 crore.

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.

Jobless rate at 4-month low of 5.1% in Aug

Jobless rate at 4-month low of 5.1% in Aug

Rediff.com16 Sep 2025

Labour markets showed positive momentum in August as the unemployment rate fell for the second consecutive month to a four-month low of 5.1 per cent from 5.2 per cent in July. It was on account of the start of the sowing season.

Trucker abduction: Khedkar's mother unleashed dogs on police team

Trucker abduction: Khedkar's mother unleashed dogs on police team

Rediff.com16 Sep 2025

The mother of a former IAS probationer is accused of helping suspects in a truck driver's abduction escape and unleashing dogs on police in Pune.

GST rate cut: Banks face car loan cancellations

GST rate cut: Banks face car loan cancellations

Rediff.com15 Sep 2025

Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.

Bank OTS scheme not a borrower's right without upfront payment: SC

Bank OTS scheme not a borrower's right without upfront payment: SC

Rediff.com18 Sep 2025

The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.

'My Son Doesn't Want To Come Back To India'

'My Son Doesn't Want To Come Back To India'

Rediff.com22 Sep 2025

'Techies who did a master's there and moved to US companies look down on Indian companies who they consider as just doing body shopping.'

Private capex likely to rise 21.5% to Rs 2.67 lakh crore in FY26

Private capex likely to rise 21.5% to Rs 2.67 lakh crore in FY26

Rediff.com1 Sep 2025

Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms entered the 2025-26 fiscal year with healthier balance sheets, higher cash buffer, improved profitability, and greater access to diversified funding sources, said the article 'Private Corporate Investment: Growth in 2024-25 and Outlook for 2025-26' published in the Reserve Bank of India's (RBI's) August bulletin.

83% Of Sole-Earning Women In Gig Jobs Are Married

83% Of Sole-Earning Women In Gig Jobs Are Married

Rediff.com11 Sep 2025

Women are increasingly using gig work as a pathway to economic independence which has no entry barrier, especially as an alternative to traditional jobs.

Wholesale price inflation is negative for second month

Wholesale price inflation is negative for second month

Rediff.com14 Aug 2025

Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday.

'From March 2026, India Should Resume Long-Term Uptrend'

'From March 2026, India Should Resume Long-Term Uptrend'

Rediff.com29 Sep 2025

'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'

Rs 2 trn slump in IT stocks hits FPIs' AUC

Rs 2 trn slump in IT stocks hits FPIs' AUC

Rediff.com28 Aug 2025

Global funds' assets under custody (AUC) in India have been flat this year, with a Rs 2 trillion drop in information technology (IT) holdings offset by gains in financial stocks. AUC is the total market value of equities held by FPIs.

GST cut on drugs, medical devices to help patients

GST cut on drugs, medical devices to help patients

Rediff.com4 Sep 2025

The government's move to cut GST on medicines and medical devices while exempting lifesaving drugs from the levy is a bold step that will bring direct relief to patients and families while significantly reducing financial strain on them, pharmaceuticals and healthcare industry players said on Thursday.

PSBs' share in household deposits falls to 63%; private banks gain ground

PSBs' share in household deposits falls to 63%; private banks gain ground

Rediff.com9 Sep 2025

Public sector banks (PSBs) have seen a sharp drop in household deposits from 70.6 per cent to 63 per cent in contrast with private banks, which witnessed a surge from 27.1 per cent to 34.1 per cent.

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

Rediff.com15 Aug 2025

The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources said.

'Do We Go Back To India? Do We Stay?'

'Do We Go Back To India? Do We Stay?'

Rediff.com29 Sep 2025

'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'

85 sarpanchs invited to I-Day celebrations as special guests

85 sarpanchs invited to I-Day celebrations as special guests

Rediff.com14 Aug 2025

Eighty-five village sarpanchs from across India have been invited as special guests to witness the Independence Day celebrations at Red Fort, in recognition of their contributions to rural transformation.

Nirmalaji, Streamline GST Assessment Machinery!

Nirmalaji, Streamline GST Assessment Machinery!

Rediff.com23 Sep 2025

'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.

Uttam's Take: RIP, Ajit Ninan

Uttam's Take: RIP, Ajit Ninan

Rediff.com8 Sep 2023

Uttam Ghosh is devastated by the news that Ajit Ninan, the renowned cartoonist who enlivened the pages of India Today and the children's magazine Target for many years, passed into the ages on Friday, September 8, 2023.

'It's Becoming Very Difficult To Deal With America'

'It's Becoming Very Difficult To Deal With America'

Rediff.com26 Sep 2025

'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'

Govt for nil GST on insurance premium for individuals

Govt for nil GST on insurance premium for individuals

Rediff.com20 Aug 2025

The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.

Average cost of data breach in India rises 13% in 2025

Average cost of data breach in India rises 13% in 2025

Rediff.com7 Aug 2025

The average cost of an organisation for a data breach has risen 13 per cent to Rs 22 crore in 2025 from Rs 19.5 crore in the year-ago period, according to a report released on Thursday. However, despite the surge in costs, the security in artificial intelligence is still lacking, the report by global tech major IBM said.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

Top four life insurance companies covered 14 mn fewer lives in FY25

Top four life insurance companies covered 14 mn fewer lives in FY25

Rediff.com29 Aug 2025

Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

Rediff.com12 Aug 2025

Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was at Rs 91,260 crore, compared to Rs 1.15 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.

Indus Waters Treaty: 'India didn't give away water'

Indus Waters Treaty: 'India didn't give away water'

Rediff.com4 Sep 2025

Experts discuss the Indus Waters Treaty, highlighting its engineering aspects and addressing criticisms of unfairness to India.

Electronics to chemicals: Govt identifies critical sectors to boost FDI

Electronics to chemicals: Govt identifies critical sectors to boost FDI

Rediff.com4 Aug 2025

The government has identified critical sectors, including electronics, chemicals, leather and footwear, and toys, where value chains can be strengthened to facilitate and drive foreign direct investment (FDI) into the country. Invest India, the investment promotion and facilitating agency under the Department for Promotion of Industry and Internal Trade (DPIIT), has been actively identifying key value chains to focus on.

What Insurance Should You Buy?

What Insurance Should You Buy?

Rediff.com1 Sep 2025

Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.

India falls out of favour, optimism returns for China: BofA survey

India falls out of favour, optimism returns for China: BofA survey

Rediff.com15 Aug 2025

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.

India Inc turns to equity, bonds as cheaper bank loans remain elusive

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Rediff.com25 Aug 2025

Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.

Stock exchanges freeze more promoter demat A/Cs for non-compliance

Stock exchanges freeze more promoter demat A/Cs for non-compliance

Rediff.com21 Aug 2025

The number of companies with promoters whose demat accounts were frozen by the stock exchanges due to non-compliance increased over the past year. The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12.