Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
Harmanpreet Kaur's quickfire fifty and Nat Sciver-Brunt's fine all-round showing lifted Mumbai Indians to their second Women's Premier League title.
The 'Malhar' nomenclature of a platform announced by Maharashtra minister Nitesh Rane for certifying mutton shops exclusively operated by Hindu community members has divided trustees of the famous Malhari Martand temple. One trustee has demanded a name change as the deity is "vegetarian" and loves animals, while another trustee supports the use of 'Malhar'. The certification program aims to certify 'jhatka' mutton shops, which are 100% operated by Hindus.
Daniil Medvedev jumped for joy in an uncharacteristically emotional celebration after holding off young Frenchman Arthur Fils for a 6-4, 2-6, 7-6(7) win amid gusting winds on centre court in quarter-finals of the BNP Paribas Open, at the Indian Wells Tennis Garden, on Thursday.
Golden-orange turmeric or haldi, the spice cousin of ginger, has been utilised in Asian cuisine and herbal remedies for centuries. Dubbed a superfood, it is said to combat cancer, alleviate depression, and provide a range of other health advantages. Be careful to buy impurity-free turmeric.
'It was the toughest of roles because he had to change quickly behind the sofa and come out in the next dress!'
Rishabh Pant will be entering a new phase of his Indian Premier League (IPL)career when he takes over as the captain of Lucknow Super Giants in IPL 2025.
After several years of consolidation and price weakness, the cement industry may be moving towards a more stable phase. Pan-Indian, average cement prices have risen through the past three months consecutively.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Ola Electric on Wednesday said it has successfully completed a company-wide initiative to reduce cost and improve customer experience.
Lakshya Sen stunned world No 2 Jonatan Christie of Indonesia in straight games
Gauri Spratt has met Aamir's family and they are all 'extremely happy'.
Yousuf, who was appointed batting coach for the tour, will leave with the squad on Wednesday for the five T20 Internationals and three ODIs.
Prannoy fought back to level at 13-13, but Popov surged ahead as the Indian crumbled.
Chef de Cuisine Shadab Ahmed of Sofitel Mumbai BKC shares two simple and delectable recipes.
'How can our cricket progress when there is a sword hanging constantly over the captain and coaches' heads.'
After his forgettable 2021 T20 World Cup in the UAE, Varun Chakravarthy spent three years on the sidelines.
Rajasthan Royals captain Sanju Samson says he is still not over Jos Buttler leaving the team and wishes the IPL would change its rule of releasing players every three years.
Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.
'If you stay humble, put your heart in the right place, train hard, and let your bat talk, God finds ways to bless you.'
'We have to move on and go ahead, it's our job. It's an important situation for the club to advance in the competition and we want to do well to honour him.'
The Pakistan Cricket Board is set to register its protest with the ICC for ignoring its CEO during the trophy ceremony in Dubai on Sunday.
The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing. The brand name of the company's food delivery business Zomato will remain the same, along with the app. Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure.
Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.
'And America will invite India in to have really an extraordinary opportunity and relationship with us.'
'We were 20 or 25 under to what we were looking for.'
'And this will persist given the two-and-a-half-front threat we face.'
That said the pitch is going to get challenging for the batters as the game wears on.
The United States has issued an advisory cautioning against travel to the immediate vicinity of the India-Pakistan border and the Line of Control due to terrorism and the potential for armed conflict and to the provinces of Balochistan and Khyber Pakhtunkhwa.
'You should keep your sleep time and wake up time fixed.' 'Avoid caffeine-containing drinks after 5 pm.' 'Avoid a heavy dinner.' 'Avoid alcohol or any stimulants, like nicotine.'
India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
The tax department conducts about 100-150 "full blown" searches and surveys in a financial year, and this enforcement action is not aimed towards the common taxpaying individual or entity.
The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.
'Ashram made people realise that Bobby Deol can play different characters.' 'It was the most watched show till date.'
Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". She said that the revenue neutral rate (RNR) has come down from 15.8 per cent at the time of the launch of GST on July 1, 2017, to 11.4 per cent in 2023.
The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
'It's always the men who are going crazy, barbaad. They never show a woman going crazy like that.' 'A woman has to be very proper, sitting on a swing, crying.'
Reigning world chess champion D Gukesh has stated that he is open to competing in all formats of chess, including the newly popular freestyle format, but believes that classical chess, with its rich history, will always hold the greatest significance. Despite concerns of a potential split in the sport between supporters of freestyle and classical chess, Gukesh sees no reason for division, highlighting the excitement of freestyle while acknowledging the importance of the traditional format's legacy.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances