Search results for ' Finance'

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

Cong suspends Navjot Kaur Sidhu after '500 cr for CM' remark

Cong suspends Navjot Kaur Sidhu after '500 cr for CM' remark

Rediff.com9 Dec 2025

The Punjab Congress has suspended Navjot Kaur Sidhu from its primary membership after she made a controversial remark about the chief minister's chair costing Rs 500 crore.

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

Make demergers tax-neutral, biz houses nudge govt

Make demergers tax-neutral, biz houses nudge govt

Rediff.com26 Nov 2025

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.

BMW mows down senior finance ministry official in Delhi

BMW mows down senior finance ministry official in Delhi

Rediff.com15 Sep 2025

A senior official from the Union Ministry of Finance died and three others were injured after a BMW allegedly struck his motorcycle in Delhi. Police are investigating the incident.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

IndiGo Board Unsure If CEO Must Go

IndiGo Board Unsure If CEO Must Go

Rediff.com9 Dec 2025

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'

Sensex, Nifty scale record highs on rate cut hopes

Sensex, Nifty scale record highs on rate cut hopes

Rediff.com27 Nov 2025

Among Sensex firms, Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, HCL Tech and HDFC Bank were the major gainers. However, Maruti, Eternal, UltraTech Cement and State Bank of India were among the laggards.

Is Hemant Soren weighing a political turn towards the BJP?

Is Hemant Soren weighing a political turn towards the BJP?

Rediff.com3 Dec 2025

Speculation intensifies regarding a potential political shake-up in Jharkhand's ruling coalition, fueled by strained relations between JMM, RJD, and Congress, and Chief Minister Hemant Soren's Delhi visits. Both JMM and Congress have denied the claims.

India on track to surpass $4 trn GDP in FY26: CEA

India on track to surpass $4 trn GDP in FY26: CEA

Rediff.com26 Nov 2025

India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday.

Active banking funds fail to capitalise on PSU rally: Value Research data

Active banking funds fail to capitalise on PSU rally: Value Research data

Rediff.com29 Nov 2025

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

Nitish Kumar gives up home portfolio after 20 years

Nitish Kumar gives up home portfolio after 20 years

Rediff.com21 Nov 2025

The home portfolio of Bihar, which Chief Minister Nitish Kumar kept with himself all through his nearly 20-year-long tenure, has been given to his deputy, BJP leader Samrat Chowdhury, this time, according to an official notification issued on Friday.

If you reject votes, I will reject funds: Ajit Pawar to voters

If you reject votes, I will reject funds: Ajit Pawar to voters

Rediff.com22 Nov 2025

The remarks drew flak from the Opposition, with Shiv Sena-UBT leader Ambadas Danve accusing Pawar of threatening voters.

Govt plans to levy excise duty on tobacco, cess on pan masala

Govt plans to levy excise duty on tobacco, cess on pan masala

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will replace the GST compensation cess on such sin goods.

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

Sensex ends down 314 points due to selling in IT and auto shares

Sensex ends down 314 points due to selling in IT and auto shares

Rediff.com25 Nov 2025

Among Sensex stocks, Tata Motors Passenger Vehicles, Trent, Infosys, Power Grid, HDFC Bank, HCL Tech, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were the major laggards. However, Bharat Electronics, State Bank of India, Tata Steel, Eternal, Bharti Airtel and Reliance Industries were the gainers.

Assam varsity shut after protest against VC over corruption charges

Assam varsity shut after protest against VC over corruption charges

Rediff.com2 Dec 2025

Students at Tezpur University in Assam have shut down the institution, protesting against Vice Chancellor Shambhu Nath Singh over allegations of corruption and financial irregularities. The shutdown has led to the cancellation of end-term examinations and has garnered support from teachers and non-teaching staff.

'People Knew Manmohan Singh Had No Vested Interest'

'People Knew Manmohan Singh Had No Vested Interest'

Rediff.com29 Nov 2025

'Maybe he was wrong, but they believed he genuinely meant what he said.'

How Karim Lala Helped Helen...

How Karim Lala Helped Helen...

Rediff.com28 Nov 2025

A new book reveals how Bollywood star Helen sought help from the Mumbai underworld after being evicted from her home by her ex-husband.

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

Rediff.com25 Nov 2025

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Rediff.com1 Dec 2025

These losses increase insurance premiums for customers and reduce insurer margins on the other.

Will D K Shivakumar Go The Sachin Pilot Way?

Will D K Shivakumar Go The Sachin Pilot Way?

Rediff.com1 Dec 2025

Even if D K Shivakumar wanted to oust Siddaramaiah, whose support would he take?
The shrewd politician that he is, Siddaramaiah figured his rival had no option but to lump it, points out Aditi Phadnis.

MCA Rethinks PM Internship Scheme

MCA Rethinks PM Internship Scheme

Rediff.com17 Nov 2025

With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.

SC asks CBI to probe digital arrest scams nationwide

SC asks CBI to probe digital arrest scams nationwide

Rediff.com1 Dec 2025

The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

Sensex jumps 1,022.50 points; Nifty inches near record high

Sensex jumps 1,022.50 points; Nifty inches near record high

Rediff.com26 Nov 2025

Among Sensex firms, Bajaj Finserv, Bajaj Finance, Tata Steel, Reliance Industries, Sun Pharma, Tata Motors Passenger Vehicles, Axis Bank and Infosys were among the major gainers. Bharti Airtel and Asian Paints emerged as the laggards from the pack.

How New Labour Code Will Change The Workplace

How New Labour Code Will Change The Workplace

Rediff.com25 Nov 2025

From appointment letters becoming mandatory to gig workers receiving social security to enhanced rights for women and contract labour, the changes reflect India's attempt to balance ease of doing business with stronger worker welfare.

Sensex jumps over 513 points on buying in IT stocks

Sensex jumps over 513 points on buying in IT stocks

Rediff.com19 Nov 2025

From the Sensex pack, HCL Tech, Infosys, Tata Consultancy Services, Hindustan Unilever, Sun Pharma and Titan were among the biggest gainers. In contrast, Tata Motors Passenger Vehicles, Maruti, Adani Ports and Bajaj Finance were among the laggards.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

GST reforms expected to ignite animal spirits in financial sector: DEA secy

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Rediff.com18 Nov 2025

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.

Rakesh Maria reveals how don Karim Lala helped Helen

Rakesh Maria reveals how don Karim Lala helped Helen

Rediff.com27 Nov 2025

A new book reveals how Bollywood dancer Helen sought help from the Mumbai underworld after being evicted from her home by her ex-husband.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

'Pronouncements On Paper Don't Feed Babies'

'Pronouncements On Paper Don't Feed Babies'

Rediff.com28 Nov 2025

'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'

Indian Digital Payment Intelligence Corporation To Combat Fraud

Indian Digital Payment Intelligence Corporation To Combat Fraud

Rediff.com26 Nov 2025

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.

Sensex falls 400 pts on weak global trends, waning rate cut hopes

Sensex falls 400 pts on weak global trends, waning rate cut hopes

Rediff.com21 Nov 2025

Among Sensex firms, Tata Steel, HCL Tech, Bajaj Finance, Bajaj Finserv, Bharat Electronics and Eternal were the major laggards. However, Maruti, Mahindra & Mahindra, Tata Motors Passenger Vehicles and ITC were among the gainers.

Sensex surges on firm global trends, fresh foreign fund

Sensex surges on firm global trends, fresh foreign fund

Rediff.com20 Nov 2025

Among Sensex firms, Bajaj Finance, Bajaj Finserv, Reliance Industries, HDFC Bank, Tech Mahindra and Axis Bank were the major gainers. However, Asian Paints, HCL Tech, Titan and Hindustan Unilever were among the laggards.

'I Own 18 Worthless Insurance Policies. Help!'

'I Own 18 Worthless Insurance Policies. Help!'

Rediff.com2 Dec 2025

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

Selling Land Is Not a Service, Rules Supreme Court

Selling Land Is Not a Service, Rules Supreme Court

Rediff.com12 Nov 2025

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.