Search results for ' Finance'

Chandrasekaran latest among Ratan Tata allies to step down

Chandrasekaran latest among Ratan Tata allies to step down

Rediff.com12 Aug 2026

N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.

Can Fast-Track Courts Handle Paper Leak Cases?

Can Fast-Track Courts Handle Paper Leak Cases?

Rediff.com3 Aug 2026

As of December 2025, India had 880 Fast-Track Courts with 1.39 million pending cases, despite disposing of 1.33 million cases during the year.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Sensex Gains 776 Points as Crude Price Drop

Sensex Gains 776 Points as Crude Price Drop

Rediff.com27 Jul 2026

Indian stock markets ended a five-day losing streak, with the Sensex surging 776 points and the Nifty gaining 228 points, driven by a significant drop in crude oil prices and easing geopolitical tensions in West Asia.

Sitharaman: Hurry Up Tax Appeals

Sitharaman: Hurry Up Tax Appeals

Rediff.com25 Jul 2026

Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.

Bihar alcohol ban failed, govt should revoke it: Study

Bihar alcohol ban failed, govt should revoke it: Study

Rediff.com8 Aug 2026

A research paper by the National Council of Applied Economic Research (NCAER) recommends that Bihar revoke its alcohol ban, citing its failure to reduce violence against women and a rise in illicit drug and alcohol consumption. The report suggests that reinstating the liquor excise tax would significantly increase state revenues and decrease enforcement costs.

What Makes Soundous Moufakir Just Right For The Traitors 2

What Makes Soundous Moufakir Just Right For The Traitors 2

Rediff.com5 Aug 2026

Moroccan-French model-turned-actress Soundous Moufakir is set to bring her fierce competitive spirit and strategic mind to The Traitors Season 2.

Enforcement Directorate To Target Crypto Frauds, Terror Financing

Enforcement Directorate To Target Crypto Frauds, Terror Financing

Rediff.com1 May 2026

The Enforcement Directorate (ED) is shifting its focus to emerging financial crimes such as cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to Director Rahul Navin. The agency reported a high conviction rate and significant asset restitution to victims of financial fraud.

Stock Markets Today: Sensex, Nifty Surge on Lower Crude Prices, Easing Geopolitical Tensions

Stock Markets Today: Sensex, Nifty Surge on Lower Crude Prices, Easing Geopolitical Tensions

Rediff.com3 Aug 2026

Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.

Stock Markets Today: Sensex, Nifty Up on Easing West Asia Tensions, Drop in Crude Oil Prices

Stock Markets Today: Sensex, Nifty Up on Easing West Asia Tensions, Drop in Crude Oil Prices

Rediff.com27 Jul 2026

Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions in the West Asia, which improved market sentiment and reduced inflation fears. Track Sensex, Nifty on July 27.

Premature life policy exits surpass maturity payouts

Premature life policy exits surpass maturity payouts

Rediff.com4 Aug 2026

Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Rediff.com4 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4

Voice Of India Platform To Assess AI Systems For Indian Contexts

Voice Of India Platform To Assess AI Systems For Indian Contexts

Rediff.com4 Aug 2026

AI4Bharat at IIT Madras and Josh Talks AI have launched 'Voice of India', a multimodal AI evaluation platform designed to assess AI systems against Indian conditions, languages, accents, and dialects. This platform aims to provide scientifically rigorous, India-specific evaluations, covering areas like Voice AI, large language models, document processing, safety, cultural appropriateness, and Indian legal reasoning, to build trust and enable informed deployment decisions.

Indian Oil to invest Rs 1 trillion in petchem projects over 5 years

Indian Oil to invest Rs 1 trillion in petchem projects over 5 years

Rediff.com4 Aug 2026

Indian Oil Corporation Ltd (IOCL) plans to invest approximately Rs 1 trillion in petrochemical projects over the next five to six years, aiming to significantly increase its petrochemical intensity and production capacity to meet growing domestic demand.

Auto Retail Sales Jump 26% in July, Alternative Fuels Closing on Petrol Share

Auto Retail Sales Jump 26% in July, Alternative Fuels Closing on Petrol Share

Rediff.com6 Aug 2026

Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com8 Aug 2026

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

Sensex, Nifty dip as new closing auction session introduces volatility

Sensex, Nifty dip as new closing auction session introduces volatility

Rediff.com4 Aug 2026

Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.

Can A Couple With Different Political Views Have A Healthy Relationship?

Can A Couple With Different Political Views Have A Healthy Relationship?

Rediff.com10 Aug 2026

With political divisions dominating conversations, can couples with opposing views stay together?

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

Rediff.com22 Jul 2026

The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.

Opposition protests force LS adjournment as Parliament stalemate continues

Opposition protests force LS adjournment as Parliament stalemate continues

Rediff.com5 Aug 2026

Relentless protests by Opposition parties forced the adjournment of the Lok Sabha for the day after the passage of the Bankers' Books Evidence Bill without a debate on Wednesday, with the government accusing them of coming to the House to disrupt proceedings and not for discussion.

Vijay's Fans Celebrate Jana Nayagan With Biryani Party

Vijay's Fans Celebrate Jana Nayagan With Biryani Party

Rediff.com24 Jul 2026

Vijay's Jana Nayagan releases in theatres, and fans just can't keep calm!

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

India's UPI Expands Global Reach With Maldives Integration

India's UPI Expands Global Reach With Maldives Integration

Rediff.com31 Jul 2026

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Rediff.com3 Aug 2026

Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.

Stock Markets Today: Sensex, Nifty Down on US-Iran Crisis, Surging Crude Prices

Stock Markets Today: Sensex, Nifty Down on US-Iran Crisis, Surging Crude Prices

Rediff.com23 Jul 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant surge in crude oil prices, exacerbated by escalating tensions in the West Asia. Track how Sensex, Nifty fared on July 23.

Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case

Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case

Rediff.com1 Aug 2026

The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year, imposing a total penalty of Rs 1.48 crore, for the unauthorised pledge of ZEEL's Hyderabad land to secure loans for promoter-linked Essel Group entities.

Fake GST Credit Jumps To Rs 75,000 Cr In FY26

Fake GST Credit Jumps To Rs 75,000 Cr In FY26

Rediff.com29 Jul 2026

Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

Rediff.com31 Jul 2026

FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.

How 'Boss Scam' Cyber Fraud Targets Indian Companies

How 'Boss Scam' Cyber Fraud Targets Indian Companies

Rediff.com17 Jul 2026

India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

Rediff.com2 Aug 2026

The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.

Indian Markets Outperform Global Peers in July

Indian Markets Outperform Global Peers in July

Rediff.com1 Aug 2026

The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Rediff.com30 Jul 2026

Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.

Modi reviews global conflict impact on India's energy, supply chains

Modi reviews global conflict impact on India's energy, supply chains

Rediff.com30 Jul 2026

Prime Minister Narendra Modi on Thursday discussed with a group of senior ministers the prevailing global security situation and how to maintain supply chain uninterrupted despite conflicts in different zones, including the Strait of Hormuz, the Black Sea, the Red Sea, and the Gulf of Aden.

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Rediff.com27 Jul 2026

India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.

Jharkhand Finance Minister Orders Investigation into Treasury Fraud

Jharkhand Finance Minister Orders Investigation into Treasury Fraud

Rediff.com10 Apr 2026

Jharkhand's Finance Minister has ordered a statewide investigation into alleged fraudulent salary withdrawals from government treasuries, following reports of irregularities in multiple districts.

India to prioritise maritime security during UNSC bid

India to prioritise maritime security during UNSC bid

Rediff.com14 Jul 2026

External Affairs Minister S Jaishankar has affirmed India's commitment to ensuring issues like a free, open, and rule-based maritime order, seafarer safety, and countering terror financing receive due attention at the UN Security Council during its 2028-29 term.

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Rediff.com27 Jul 2026

The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

India sees 4-fold surge in high-income earners over five years

India sees 4-fold surge in high-income earners over five years

Rediff.com27 Jul 2026

The number of individuals reporting a gross total income of 100 crore or more in their income tax returns has quadrupled to 576 in Assessment Year 2025-26, up from 142 in AY 2021-22, according to data shared in Parliament.

Google selects 20 Indian AI startups for 2026 accelerator programme

Google selects 20 Indian AI startups for 2026 accelerator programme

Rediff.com9 Jul 2026

Global technology giant Google has announced the selection of 20 Indian AI startups for its 2026 Google for Startups Accelerator programme, marking the 10th anniversary of its accelerator initiatives.