Search results for ' Finance'

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

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.

Surplus Liquidity from FCNR(B) Inflows to Cut Bank Funding Costs by 50 Bps

Surplus Liquidity from FCNR(B) Inflows to Cut Bank Funding Costs by 50 Bps

Rediff.com6 Sep 2026

Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).

'People Were Crying That Their Builder Screwed Them'

'People Were Crying That Their Builder Screwed Them'

Rediff.com10 Sep 2026

'I met with people who had their flats redeveloped. I saw this was a real human struggle.' 'People get caught in the middle between their dreams, wishes and their community.'

Hospitals Oppose Room Rate Cap

Hospitals Oppose Room Rate Cap

Rediff.com27 Aug 2026

'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'

Nepal flash floods toll rises to 579; morgues in hospitals run out of space

Nepal flash floods toll rises to 579; morgues in hospitals run out of space

Rediff.com28 Aug 2026

Nepal is grappling with a deepening flood crisis as the death toll from devastating flash floods in Rasuwa and surrounding districts has tragically risen to 538, with authorities now warning of a fresh flood threat and initiating evacuations.

Asim Munir Gives ISI's 'Dirty Harry' New Job

Asim Munir Gives ISI's 'Dirty Harry' New Job

Rediff.com5 Sep 2026

Major General Faisal Naseer, infamously dubbed 'Dirty Harry' for his controversial tenure in the ISI, has been appointed national co-ordinator of Pakistan's National Counter-Terrorism Authority.

Assam: Protests Erupt Over NH-27 Accident Deaths

Assam: Protests Erupt Over NH-27 Accident Deaths

Rediff.com3 Sep 2026

'This accident was waiting to happen. It could have been averted if the authorities had acted in time.'

What Subhash Chandra Hopes For...

What Subhash Chandra Hopes For...

Rediff.com31 Aug 2026

Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

Rediff.com27 Aug 2026

The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

Centre spends 37% of capex target in four months

Centre spends 37% of capex target in four months

Rediff.com1 Sep 2026

The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.

Why Air Marshal Mishra Is The Right Man For Ram Mandir Trust

Why Air Marshal Mishra Is The Right Man For Ram Mandir Trust

Rediff.com3 Sep 2026

Jeetu, as he is known in the IAF, is known for his high intellect, ability to quickly grasp the essentials of complex situations and the readiness to articulate his views clearly and unambiguously. An excellent professional in every sense of the word, he has a well-trained military mind, honed by extensive operational flying and flight testing experience, avers Air Marshal B Manikantan (retd).

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

Rediff.com7 Sep 2026

'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Rediff.com20 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.

India-China Rivalry Tests BRICS' Future

India-China Rivalry Tests BRICS' Future

Rediff.com8 Sep 2026

India and China are in what experts call 'a cooperation-versus-competition situation'.

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Rediff.com19 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices and persistent geopolitical uncertainties, particularly following the expiry of the US-Iran ceasefire. Track Sensex, Nifty on August 19, 2026.

US Moves to Regulate Crypto. What Will India Do?

US Moves to Regulate Crypto. What Will India Do?

Rediff.com19 Aug 2026

The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com28 Aug 2026

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com28 Aug 2026

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

SCO approves anti-terror security centre after Modi's warning

SCO approves anti-terror security centre after Modi's warning

Rediff.com1 Sep 2026

India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Rediff.com27 Aug 2026

Media baron Subhash Chandra has clarified that the total claim against him in personal insolvency proceedings is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, asserting he was only a personal guarantor and not the borrower.

Digital Banking Records Now Admissible As Evidence

Digital Banking Records Now Admissible As Evidence

Rediff.com10 Aug 2026

The Rajya Sabha has passed The Bankers' Books Evidence Bill, 2026, which aims to replace a British-era law and allow digital and virtual records to be admissible as evidence in courts. This legislation aligns with contemporary digital banking practices and extends a uniform evidential framework to various financial entities, including NBFCs and fintech companies. Finance Minister Nirmala Sitharaman highlighted the bill's role in strengthening public confidence and safeguarding customer privacy. The bill's passage, however, saw an Opposition walkout over unrelated issues.

Uttar Pradesh government empowers parents to evict disrespectful children

Uttar Pradesh government empowers parents to evict disrespectful children

Rediff.com26 Aug 2026

The Yogi Adityanath government in Uttar Pradesh has amended the Maintenance and Welfare of Parents and Senior Citizens Rules-2014. This amendment allows elderly parents to evict children from their property if they fail to maintain and respect them. The new provisions include a clear eviction procedure, a toll-free number for assistance, and a 30-day complaint resolution period, aiming to safeguard senior citizens' rights and promote family care.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

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.

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Rediff.com25 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Rediff.com31 Aug 2026

Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com19 Aug 2026

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

Geopolitical jitters, Iran sanctions weigh on Indian equities

Geopolitical jitters, Iran sanctions weigh on Indian equities

Rediff.com24 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com29 Aug 2026

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

Trump tightens green card rules, Indians face fresh hurdles

Trump tightens green card rules, Indians face fresh hurdles

Rediff.com19 Aug 2026

The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.

Why Smart People Still Fail At Retirement Planning

Why Smart People Still Fail At Retirement Planning

Rediff.com28 Aug 2026

Retirement planning is not a test of how smart you are; it is a test of how well you control your behaviour.

NTA Faces Major Exam Process Overhaul

NTA Faces Major Exam Process Overhaul

Rediff.com18 Aug 2026

The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.

My US studies funded by...: Abhijeet Dipke on funding row

My US studies funded by...: Abhijeet Dipke on funding row

Rediff.com3 Aug 2026

Dipke has clarified the funding of his US education, stating it was supported by a scholarship and an education loan, amidst growing scrutiny and calls for a probe into his finances.