Search results for ' Credits'

ED raids in Maharashtra, Guj in cash-for-votes case

ED raids in Maharashtra, Guj in cash-for-votes case

Rediff.com14 Nov 2024

The Enforcement Directorate (ED) conducted raids at multiple locations in Maharashtra and Gujarat as part of a money laundering investigation targeting a Malegaon-based trader suspected of misusing bank accounts to carry out transactions exceeding Rs 100 crore. The probe is linked to an FIR filed by Malegaon Police against Siraj Ahmed Harun Meman, who operates a tea and cold drinks agency, for allegedly misusing bank accounts for illegal transactions. The ED suspects the trader may have been using the funds to divert and route money for certain individuals by misusing the banking credentials of ordinary citizens. The possibility of electoral malpractice being involved is also under scrutiny.

Ashwin has taught me a lot: Lyon

Ashwin has taught me a lot: Lyon

Rediff.com18 Nov 2024

Having made their Test debuts in the same year, Nathan Lyon and Ravichandran Ashwin will face each other for the eighth time in the longest format during the Border-Gavaskar Trophy.

Should You Consider Liquid Funds?

Should You Consider Liquid Funds?

Rediff.com18 Nov 2024

Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.

COP29: India, developing world face EU resistance to climate finance

COP29: India, developing world face EU resistance to climate finance

Rediff.com19 Nov 2024

Talks on global climate finance virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced a wide chasm between their expectations. This has raised doubts about whether an agreement can be reached this week or whether talks will spill over to COP30, to be held next year in Benem, Brazil.

Ranji Trophy: Badoni double ton powers Delhi to victory

Ranji Trophy: Badoni double ton powers Delhi to victory

Rediff.com17 Nov 2024

Skipper Ayush Badoni played the most defining knock of his short but eventful first-class career as his maiden double hundred not only gave Delhi three points against Jharkhand but more importantly kept them in contention for a possible quarter-final berth in the Ranji Trophy on Saturday.

Netanyahu admits Israel's role in Hezbollah pager attack

Netanyahu admits Israel's role in Hezbollah pager attack

Rediff.com11 Nov 2024

The attacks, carried out on September 17 and 18, targeted thousands of handheld pagers and hundreds of walkie-talkies used by Hezbollah members across Lebanon and Syria.

How Varun Chakravarthy bounced back after three tough years

How Varun Chakravarthy bounced back after three tough years

Rediff.com11 Nov 2024

Varun Chakravarthy credited the intense domestic grind and the role clarity provided by new head coach Gautam Gambhir as vital in helping regain his lost form.

PIX: India's T20 dominance continues, seal SA series

PIX: India's T20 dominance continues, seal SA series

Rediff.com16 Nov 2024

IMAGES from the fourth and deciding T20I played between South Africa and India in Johannesburg on Friday

PSBs clocked 11% growth in H1FY25

PSBs clocked 11% growth in H1FY25

Rediff.com13 Nov 2024

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.

CLSA shifts focus back to India, cuts China exposure

CLSA shifts focus back to India, cuts China exposure

Rediff.com15 Nov 2024

Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled 'Pouncing Tiger, Prevaricating Dragon', CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump's victory in the US elections as the reason for the move. "Misfortune can happen in threes. So it has played out for Chinese equities over the past week.

'A special moment': Rizwan lauds Pak's historic win

'A special moment': Rizwan lauds Pak's historic win

Rediff.com11 Nov 2024

Mohammed Rizwan said that the win is a special moment for him and lauded his bowlers for their performances.

Arshdeep shares personal insights on death-overs bowling

Arshdeep shares personal insights on death-overs bowling

Rediff.com12 Nov 2024

Young Arshdeep Singh is getting better continuously, and the left-arm seamer has attributed this to his ability to keep things simple and stay level-headed in pressure situations, which has helped him evolve into a death-overs specialist.

Has Australia Found New Test Opener?

Has Australia Found New Test Opener?

Rediff.com11 Nov 2024

Nathan McSweeney is on the brink of a major debut, set to partner Usman Khawaja as Australia's opening batters in the series against India.

'I Am A Girl At The End Of The Day'

'I Am A Girl At The End Of The Day'

Rediff.com13 Nov 2024

'I really want to do comedy.'

Should You Invest In Arbitrage Funds?

Should You Invest In Arbitrage Funds?

Rediff.com13 Nov 2024

'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'

Sukhbir Badal resigns as Shiromani Akali Dal president

Sukhbir Badal resigns as Shiromani Akali Dal president

Rediff.com16 Nov 2024

Badal's resignation came days after he urged the Akal Takht Jathedar to pronounce his punishment for religious misconduct charges, saying more than two months have passed since he was declared 'tankhaiya' (guilty of religious misconduct).

Gukesh's 'Karpov-like' style tipped to outclass Ding

Gukesh's 'Karpov-like' style tipped to outclass Ding

Rediff.com12 Nov 2024

Ding will face a stern challenge from the 18-year-old Gukesh, who "doesn't make any mistakes at all" and has had a terrific run in 2024.

Should You Avoid High-Cost Funds?

Should You Avoid High-Cost Funds?

Rediff.com12 Nov 2024

Investors should match their investment horizon with the fund's portfolio duration.

Review: Suriya Rises Above Kanguva

Review: Suriya Rises Above Kanguva

Rediff.com14 Nov 2024

Kanguva is a mishmash of conceptually strong set pieces that feels bloated, as the central scaffolding holding together the core themes of love that heals over time and eternity, feels like an afterthought, observes Arjun Menon.

Supreme Court allows claiming input tax credit on construction expenses

Supreme Court allows claiming input tax credit on construction expenses

Rediff.com5 Oct 2024

In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.

India's GDP expected to grow at 6.5% in Q2 FY25

India's GDP expected to grow at 6.5% in Q2 FY25

Rediff.com6 Nov 2024

Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.

Shri Thanedar re-elected to House of Representatives

Shri Thanedar re-elected to House of Representatives

Rediff.com6 Nov 2024

He defeated his Republican rival Martell Bivings by a margin of over 35 percentage points as he was re-elected for the second term. In a statement he credited his victory to his record of delivering strong constituent services, standing up for working families, fighting for unions, and always fighting for reproductive freedom.

'Adani Wasn't There At Meeting'

'Adani Wasn't There At Meeting'

Rediff.com14 Nov 2024

'That was my mistake.' 'Gautam Adani was not involved in forming the Maharashtra government.' 'Adani was not there in the meeting.' 'The meeting was at his guest house and we were sitting in his guest house.'

Why Muslims Prefer This BJP Candidate

Why Muslims Prefer This BJP Candidate

Rediff.com19 Nov 2024

Will Hindus not vote for a Muslim candidate? Is that why such few Muslims are given tickets? Two constituencies in Mumbai break prevalent stereotypes about these difficult questions.

How To Use Your Credit Card Wisely

How To Use Your Credit Card Wisely

Rediff.com7 Oct 2024

'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'

Is Alisha Chopra 'That Girl'?

Is Alisha Chopra 'That Girl'?

Rediff.com5 Nov 2024

'That girl' refers to a woman who exemplifies an aspirational lifestyle marked by routines like early workouts, healthy eating and organised spaces.

Nearly 98% of Rs 2000 notes have been returned

Nearly 98% of Rs 2000 notes have been returned

Rediff.com4 Nov 2024

The Reserve Bank of India (RBI) on Monday said 98.04 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,970 crore worth such notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.

After The Grenade Attack In Srinagar

After The Grenade Attack In Srinagar

Rediff.com4 Nov 2024

The scenes in Srinagar on Sunday, November 3, 2024, after a grenade attack at the Tourist Reception Centre near the city's Sunday market, in which several people were injured.

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

Rediff.com6 Nov 2024

IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency appellate tribunal NCLAT. "As on September 30, 2024, the total debt discharged to creditors of the Respondent No 1 (IL&FS) Group aggregates to Rs 38,082 crore," the status report said. This includes Rs 20,289 crore from monetisation of assets, Rs 8,140 crore from auto-debits, green entity principal servicing, NFB release and Rs 9,653 crore from interim distribution.

2nd T20I PIX: Stubbs, Coetzee steal the show, Varun's heroics in vain

2nd T20I PIX: Stubbs, Coetzee steal the show, Varun's heroics in vain

Rediff.com11 Nov 2024

IMAGES from the second T20I in Gqeberha played between India and South Africa on Sunday

Ajaz Patel's spell: Outwitting Pant and crushing India

Ajaz Patel's spell: Outwitting Pant and crushing India

Rediff.com3 Nov 2024

Ajaz Patel's match-winning bowling figures of 11 wickets for 160 credited his rhythm and ability to read the pitch for his match-winning performance.

'Focus Is To Maintain The Casa Ratio'

'Focus Is To Maintain The Casa Ratio'

Rediff.com8 Nov 2024

'It has remained around 38 per cent over the past four to five quarters.'

Ladakh Disengagement: What's The Reality?

Ladakh Disengagement: What's The Reality?

Rediff.com11 Nov 2024

The government needs to answer the critical question of whether it has accepted any restrictions on its infrastructure creation activities, asserts Ajai Shukla.

What are Dynamic Bond Funds?

What are Dynamic Bond Funds?

Rediff.com7 Nov 2024

'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'

Does Ozempic Help You Reduce Weight?

Does Ozempic Help You Reduce Weight?

Rediff.com7 Nov 2024

In India, the drug is not licensed for weight loss. but as anti-diabetic medication, warns Dr Chandrakant Lahariya.

Might awaken a sleeping giant: Hazlewood on Team India

Might awaken a sleeping giant: Hazlewood on Team India

Rediff.com4 Nov 2024

Australian quick Josh Hazlewood expressed that India's rare series whitewash at home to New Zealand could "awaken a sleeping giant" as they prepare to take on the ICC World Test Championship table-toppers in the Border-Gavaskar Trophy from November 22 onwards.

The Raj & DK Line-Up You Cannot Miss

The Raj & DK Line-Up You Cannot Miss

Rediff.com6 Nov 2024

Sukanya Verma looks at their eclectic career of over two decades as their latest offering Citadel: Honey Bunny, the Indian leg of the Russo Brothers globetrotting spy universe series, drops on Amazon Prime Video on November 7.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.

EPL PIX: United thrash Leicester; Ipswich stun Spurs

EPL PIX: United thrash Leicester; Ipswich stun Spurs

Rediff.com11 Nov 2024

IMAGES from the English Premier League matches played on Sunday.

EPL: Newcastle stuns Arsenal, blows title race wide open

EPL: Newcastle stuns Arsenal, blows title race wide open

Rediff.com2 Nov 2024

Alexander Isak's early headed goal lifted Newcastle to a 1-0 victory over Arsenal on Saturday at St. James' Park, as Eddie Howe's men delivered a blow to Arsenal's title chase with their first win in six Premier League outings.