Search results for ' Rapid City '

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

World Cup: Sri Lanka down Netherlands for first win

World Cup: Sri Lanka down Netherlands for first win

Rediff.com21 Oct 2023

Sadeera Samarawickrama top-scored with an unbeaten 91 to power Sri Lanka to an easy five-wicket victory against the Netherlands.

Historic India Club in London announces closure after losing legal battle

Historic India Club in London announces closure after losing legal battle

Rediff.com22 Aug 2023

Proprietors Yadgar Marker and his daughter Phiroza launched a "Save India Club" appeal as they fought to keep it going but have now announced its impending closure.

EPL PIX: Salah achieves milestone as Liverpool go top

EPL PIX: Salah achieves milestone as Liverpool go top

Rediff.com9 Dec 2023

IMAGES from the Premier League matches played on Saturday.

'Netanyahu should resign!'

'Netanyahu should resign!'

Rediff.com19 Oct 2023

'He is ultimately responsible for this failure, having ignored warnings from Egypt and the US about the attacks.'

Mazar burnt in Gurugram, Hindu caretaker files FIR

Mazar burnt in Gurugram, Hindu caretaker files FIR

Rediff.com7 Aug 2023

Ram said he has been working at the mazar for about seven years and has seen "people of all religions offering their respect there."

Ransomware attacks surge over 2-fold in India in first half of 2023: Report

Ransomware attacks surge over 2-fold in India in first half of 2023: Report

Rediff.com4 Aug 2023

India saw a huge surge in ransomware and IoT cyber attacks in the first half of 2023, as criminals shifted to stealthier means of malicious activities, according to a report by SonicWall. While major economies like the US and the UK witnessed a decline in ransomware attacks, India (up 133 per cent) and Germany (52 per cent) are among the countries that saw a huge surge in such attacks, the 2023 SonicWall Mid-Year Cyber Threat Report for the January-June period stated. At the global level, a variety of other attacks have trended up, including cryptojacking (399 per cent), IoT malware (37 per cent) and encrypted threats (22 per cent), the report said.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

Muted I-Day celebrations in Manipur; Imphal wears deserted look

Muted I-Day celebrations in Manipur; Imphal wears deserted look

Rediff.com15 Aug 2023

It was a muted Independence Day celebrations because of the dawn-to-dusk general strike called by multiple militant outfits and the loss of lives and property of hundreds of people over the last three months in the ethnic strife.

Asian Games: Chopra-led India set to showcase its sporting prowess

Asian Games: Chopra-led India set to showcase its sporting prowess

Rediff.com22 Sep 2023

Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.

'Air pollution can lead to cancer'

'Air pollution can lead to cancer'

Rediff.com17 Nov 2023

'If you keep on irritating the body by allowing all kinds of pollutants to get into it, the body cells are going to get irritated and cancer will come.'

Will Disney Exit India?

Will Disney Exit India?

Rediff.com5 Aug 2023

Disney Star India, bought at a valuation of $15 billion, could be on the block for roughly one-third that amount.

Communal Violence: IT Hub Gurugram Bunkers Down

Communal Violence: IT Hub Gurugram Bunkers Down

Rediff.com3 Aug 2023

As its backyard remains embroiled in tension, Gurugram is exercising caution.

Haryana violence: VHP protests in Noida, seeks compensation for victims' kin

Haryana violence: VHP protests in Noida, seeks compensation for victims' kin

Rediff.com2 Aug 2023

The Hindu-right group carried out its demonstration despite the imposition of CrPC Section 144 in the city.

Days after NCP split, Pawar, Modi to share stage on Aug 1

Days after NCP split, Pawar, Modi to share stage on Aug 1

Rediff.com31 Jul 2023

Modi to receive Lokmanya Tilak National Award, constituted by Tilak Smarak Mandir Trust in 1983, to honour the legacy of Lokmanya Tilak

Asian Games' ultimate makeover: Esports to breakdancing

Asian Games' ultimate makeover: Esports to breakdancing

Rediff.com15 Sep 2023

Esports to breakdancing, Hangzhou will set the trend for future of sport

ASI stops Gyanvapi mosque survey after SC order

ASI stops Gyanvapi mosque survey after SC order

Rediff.com24 Jul 2023

A 30-member Archaeological Survey of India team halted a survey here of the Gyanvapi mosque -- just hours after beginning the exercise Monday morning -- following a Supreme Court order.

'Applying to universities abroad is increasingly risky'

'Applying to universities abroad is increasingly risky'

Rediff.com31 Aug 2023

'With the current situation in the global job market, students come back with an added burden of educational loans.'

Pakistan suffers major power outage across cities

Pakistan suffers major power outage across cities

Rediff.com23 Jan 2023

According to the Ministry of Energy, the system of frequency of the national grid went down at 7:34 am local time, resulting in the breakdown.

Manipur: 2 'rioters' killed in firing; march to CM's house with bodies stopped

Manipur: 2 'rioters' killed in firing; march to CM's house with bodies stopped

Rediff.com29 Jun 2023

Unidentified "rioters" opened "unprovoked" fire at village Haraothel in Kangpokpi district of Manipur on Thursday morning, leading to tension in the area even as the army quoted "unconfirmed reports" to indicate some casualties.

Yamuna breaches danger mark again amid rains in Delhi

Yamuna breaches danger mark again amid rains in Delhi

Rediff.com19 Jul 2023

The flow rate at the Hathnikund barrage saw a marginal rise on Tuesday afternoon, oscillating between 50,000 and 60,000 cusecs.

Yamuna water level in Delhi drops below danger mark

Yamuna water level in Delhi drops below danger mark

Rediff.com19 Jul 2023

The water level of the Yamuna in Delhi on Tuesday followed a downward trend and dropped below the danger mark of 205.33 metres by 8 pm, the Central Water Commission's data showed.

No sponsors, no problem: How Gukesh funded his chess dreams

No sponsors, no problem: How Gukesh funded his chess dreams

Rediff.com3 Sep 2023

Gukesh aims to keep improving after becoming India No 1 without sponsorship support

5G will make our cities smarter and society safer: Akash Ambani

5G will make our cities smarter and society safer: Akash Ambani

Rediff.com28 Feb 2023

5G ambulances will not just allow remote consultation, but would also be able to transit data and video to hospitals in real time, saving precious time for critical patients. 5G technology would also support the development of new educational applications, improve agriculture productivity, and aid search and rescue missions with high resolution cameras in disaster recovery zones.

'Hamas is not stupid'

'Hamas is not stupid'

Rediff.com25 Oct 2023

'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'

Wasn't laughing at Jaahnavi's death: Seattle cop

Wasn't laughing at Jaahnavi's death: Seattle cop

Rediff.com16 Sep 2023

Kandula, 23, was struck by a police vehicle driven by Officer Kevin Dave when she was crossing a street in Seattle on January 23.

How Amazon Works With Indian Railways

How Amazon Works With Indian Railways

Rediff.com13 Oct 2023

'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'

Yamuna recedes but still flowing two metres above danger level

Yamuna recedes but still flowing two metres above danger level

Rediff.com15 Jul 2023

The situation could worsen if weather predictions of more rain in the capital and upper catchment areas come true.

'Extreme situation' in Delhi as Yamuna swells to record level

'Extreme situation' in Delhi as Yamuna swells to record level

Rediff.com13 Jul 2023

The water level at the Old Railway Bridge crossed the 208-metre mark Wednesday night and rose to 208.48 metres by 8 am on Thursday. It is expected to rise further, according to the Central Water Commission, which has termed it an "extreme situation".

As rains lessen in intensity, focus is on rescue work in north India

As rains lessen in intensity, focus is on rescue work in north India

Rediff.com12 Jul 2023

As the weather improved in parts of north India, which was pummelled by heavy rains for days, authorities on Wednesday worked on a war footing to rescue stranded tourists, restore vehicular traffic on arterial roads and prevent floodwaters from entering new areas.

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.

Yamuna water level stabilises but many Delhi areas inundated

Yamuna water level stabilises but many Delhi areas inundated

Rediff.com13 Jul 2023

The Yamuna surged to a record 208.48 metres at 8 am, the Central Water Commission said on Thursday, adding that it is likely to rise to 208.75 metres by 4 pm.

Global Chess League: Carlsen, Anand lead starry field: All you need to know!

Global Chess League: Carlsen, Anand lead starry field: All you need to know!

Rediff.com21 Jun 2023

The stage is set for the inaugural edition of the Global Chess League to get underway in Dubai.

Ahead of 2 major deals with India, Pentagon says...

Ahead of 2 major deals with India, Pentagon says...

Rediff.com21 Jun 2023

As India and the United States are set to begin negotiations on two transformational deals -- Security of Supply Arrangement (SOSA) and Reciprocal Defence Procurement Agreement (RDP) -- the Pentagon has said that the defence industries of the two nations will come together once the negotiations conclude.

Yamuna at highest level in 20 years, Delhi shuts bridge

Yamuna at highest level in 20 years, Delhi shuts bridge

Rediff.com11 Jul 2023

The Yamuna river in Delhi swelled to the highest recorded level in 10 years on Tuesday and is expected to rise further, officials said on Tuesday.

The Modi Interview: 'India will be developed by 2047'

The Modi Interview: 'India will be developed by 2047'

Rediff.com3 Sep 2023

Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

Rediff.com22 May 2023

The semiconductor chip supply for the electric two-wheeler industry has normalised but the prices are up by nearly 50 per cent compared to pre-pandemic period, said Eric Vas, president, Urbanite, the electric vehicle (EV) business of Bajaj Auto. "It (the supply) has improved greatly. It has pretty much normalised. The problem is the cost. "The costs remain very high. Hopefully, the costs will start correcting themselves over this fiscal year," he said in an interview with Business Standard.

PIX: Haaland stars as Manchester City go top; Liverpool edge Spurs

PIX: Haaland stars as Manchester City go top; Liverpool edge Spurs

Rediff.com1 May 2023

A summary of Sunday's action in the Premier League.

India Needs Insulation From Grey Rhinos

India Needs Insulation From Grey Rhinos

Rediff.com27 Jun 2023

India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.