Search results for ' Finance'

'Job Market Is Collapsing Like Pack Of Cards'

'Job Market Is Collapsing Like Pack Of Cards'

Rediff.com5 Jun 2026

'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'

International Crypto Network With Terror Links Busted In Gujarat

International Crypto Network With Terror Links Busted In Gujarat

Rediff.com19 May 2026

The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Rediff.com21 May 2026

Indian equity benchmark indices, Sensex and Nifty, ended marginally lower in a volatile trading session, surrendering early gains due to profit-taking in blue-chip stocks and persistent macroeconomic concerns, despite positive global cues.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

Ex-Reliance Communications MD Jailed In Loan Fraud Case

Ex-Reliance Communications MD Jailed In Loan Fraud Case

Rediff.com2 Jun 2026

Former Reliance Communications Group managing director Amitabh Jhunjhunwala has been lodged in Mumbai's Arthur Road Jail after being arrested by the CBI in connection with a multi-crore bank loan fraud case.

EV Adoption Rises As West Asia Crisis Makes Fuel Costly

EV Adoption Rises As West Asia Crisis Makes Fuel Costly

Rediff.com9 Jun 2026

Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.

Why FPIs pulled out Rs 43,000 cr in first week of June

Why FPIs pulled out Rs 43,000 cr in first week of June

Rediff.com7 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn nearly Rs 43,000 crore from Indian equities in the first week of June, contributing to a total outflow of Rs 2.67 lakh crore in 2026, driven by a global shift towards technology and AI-linked opportunities and persistent rupee depreciation.

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

Rediff.com29 May 2026

The United States has announced new sanctions targeting Iran's 'shadow oil economy,' accusing Tehran of using illicit oil revenues to fund the Islamic Revolutionary Guard Corps (IRGC) and its regional activities.

Ex-Religare Chief Saluja Summoned In Money Laundering Probe

Ex-Religare Chief Saluja Summoned In Money Laundering Probe

Rediff.com2 Jun 2026

A Mumbai court has summoned Rashmi Saluja, former executive chairperson of Religare Enterprises Ltd (REL), and four others in connection with a money laundering case linked to Employee Stock Option Plans (ESOPs). The Enforcement Directorate's case is based on a police complaint registered against the accused for alleged criminal conspiracy and cheating in 2024.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rediff.com5 Jun 2026

Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.

Kerala Government Increases ASHA Workers' Honorarium After Protests

Kerala Government Increases ASHA Workers' Honorarium After Protests

Rediff.com19 May 2026

Kerala's new government has increased the monthly honorarium for ASHA workers by Rs 3,000 following protests demanding better pay. The decision was made during the first Cabinet meeting, raising the honorarium to Rs 12,000. ASHA worker leaders have expressed gratitude while criticising the previous government's response to their demands.

What's Delcy Rodriguez Doing In Delhi?

What's Delcy Rodriguez Doing In Delhi?

Rediff.com4 Jun 2026

Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

J-K Police Attach Properties Worth Rs 2 Cr Linked To Drug Trafficking

J-K Police Attach Properties Worth Rs 2 Cr Linked To Drug Trafficking

Rediff.com30 May 2026

Jammu and Kashmir police have attached properties worth approximately Rs 2 crore, allegedly acquired through proceeds from illicit narcotics trafficking, as part of the Nasha Mukt Jammu & Kashmir Abhiyan.

J-K Police Attach Properties Worth Rs 2 Crore In Anti-Drug Drive

J-K Police Attach Properties Worth Rs 2 Crore In Anti-Drug Drive

Rediff.com30 May 2026

Jammu and Kashmir police have attached properties worth approximately Rs 2 crore, allegedly acquired through proceeds from illicit narcotics trafficking, as part of the Nasha Mukt Jammu & Kashmir Abhiyan.

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Rediff.com3 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Rediff.com10 Jun 2026

The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Rediff.com1 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.

One In Three Indian Women Overweight

One In Three Indian Women Overweight

Rediff.com9 Jun 2026

Over the past year, the sale of injectable GLP-1 agonists (used to treat type 2 diabetes and obesity) such as Mounjaro, Wegovy and Ozempic have surged a whopping 218 per cent.

Haryana Revamps Sports Policy For Olympic Glory And Athlete Welfare

Haryana Revamps Sports Policy For Olympic Glory And Athlete Welfare

Rediff.com3 Jun 2026

Haryana is revamping its 2015 Sports Policy to focus on long-term talent development for future Olympians, moving beyond just prize money and jobs. Key initiatives include 'Mission Olympics-2036 Vijayee Bhavah' for young athletes and the 'Khelo Haryana App' for integrated athlete services. The state aims to strengthen athlete welfare, infrastructure, and institutional support.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com15 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Focus on your studies: Pradhan to NEET aspirants amid row

Focus on your studies: Pradhan to NEET aspirants amid row

Rediff.com9 Jun 2026

After reviewing the preparations at the headquarters of the National Testing Agency (NTA), Pradhan said meetings have been held under the Cabinet secretary, and all the states have been asked to cooperate.

Lashkar operative's property seized in J-K narco-terror probe

Lashkar operative's property seized in J-K narco-terror probe

Rediff.com6 May 2026

Jammu and Kashmir Police's State Investigation Agency (SIA) has attached a property belonging to a Lashkar-e-Taiba (LeT) operative in a narco-terror case in Kupwara district.

India can return to over 7% growth path in FY28: CEA

India can return to over 7% growth path in FY28: CEA

Rediff.com6 Jun 2026

Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.

CBI Raids Reliance ADA Group Offices In Mumbai

CBI Raids Reliance ADA Group Offices In Mumbai

Rediff.com9 May 2026

The CBI conducted searches at 17 premises in Mumbai related to Reliance ADA Group companies, including Reliance Telecom and Reliance Finance, concerning alleged diversion of bank funds and losses to banks and LIC.

What Modi Govt Plans To Do About Illegal Immigration

What Modi Govt Plans To Do About Illegal Immigration

Rediff.com9 Jun 2026

The NDA government has gradually nuanced its position on the issue of demographic challenge.

CBI Raids Multiple Locations In Haryana Bank Scam Case

CBI Raids Multiple Locations In Haryana Bank Scam Case

Rediff.com15 May 2026

The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.

Rs 800 Crore Chitfund Scam: Masterminds Arrested In Mumbai

Rs 800 Crore Chitfund Scam: Masterminds Arrested In Mumbai

Rediff.com2 Jun 2026

The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, where over one lakh investors were reportedly defrauded.

LDF govt left Rs 5 lakh cr liabilities, says Kerala CM on tabling white paper

LDF govt left Rs 5 lakh cr liabilities, says Kerala CM on tabling white paper

Rediff.com4 Jun 2026

Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

Rediff.com30 May 2026

The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Rediff.com3 Jun 2026

The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Rediff.com10 May 2026

The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.

'PhysicsWallah Targets 30% Revenue Growth In FY27'

'PhysicsWallah Targets 30% Revenue Growth In FY27'

Rediff.com5 Jun 2026

Ed-tech unicorn PhysicsWallah is strategically targeting a 30% revenue improvement by FY27, leveraging AI-led automation, aggressive expansion into southern Indian markets, and a strong focus on student learning outcomes and enrolment growth.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.