Search results for ' Finance'

Trump's Tariffs: No More Protectionism Please!

Trump's Tariffs: No More Protectionism Please!

Rediff.com26 Aug 2025

Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

Rediff.com2 Sep 2025

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

Why Scottish MP With India Connect Quit Politics

Why Scottish MP With India Connect Quit Politics

Rediff.com12 Aug 2025

Kate Forbes, the second highest minister in Scottish government has chosen family over politics. The realisation that she must spend more time with her baby came to her in an orphanage in Pune.

What Insurance Should You Buy?

What Insurance Should You Buy?

Rediff.com1 Sep 2025

Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.

'Not A Single Penny Is Shared With States'

'Not A Single Penny Is Shared With States'

Rediff.com30 Aug 2025

'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Rediff.com28 Mar 2025

Jio Finance, a wholly owned subsidiary of Jio Financial Services, is likely to delay its maiden bond issue of Rs 3,000 crore, originally scheduled for this month. The decision comes amid expectations of softening yields in April because the Reserve Bank of India's (RBI's) monetary policy committee (MPC) is widely expected to cut the policy repo rate by another 25 basis points, sources said.

Retire Rich At 45 With Simple MF Tips

Retire Rich At 45 With Simple MF Tips

Rediff.com8 Sep 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Bank of India tags RCom, Anil Ambani as frauds

Bank of India tags RCom, Anil Ambani as frauds

Rediff.com24 Aug 2025

After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a Rs 700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities.

Can This Man Improve India-US Relations?

Can This Man Improve India-US Relations?

Rediff.com2 Sep 2025

The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.

Govt for nil GST on insurance premium for individuals

Govt for nil GST on insurance premium for individuals

Rediff.com20 Aug 2025

The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.

What You Must Know About New Income Tax Act

What You Must Know About New Income Tax Act

Rediff.com5 Sep 2025

The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.

FBI Praises CBI Rs 350 Cr Racket Bust

FBI Praises CBI Rs 350 Cr Racket Bust

Rediff.com28 Aug 2025

'Big Week For #USIndia Law Enforcement Collaboration'

As buyers await price cut in GST rejig, automakers report dip in dispatches

As buyers await price cut in GST rejig, automakers report dip in dispatches

Rediff.com1 Sep 2025

Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.

REITs Can Pay, But Stay Cautious

REITs Can Pay, But Stay Cautious

Rediff.com28 Aug 2025

'Reits are suitable for investors seeking regular income and real estate exposure without managing physical properties, especially NRIs and retirees.'

Next-Gen GST a step towards single tax slab

Next-Gen GST a step towards single tax slab

Rediff.com17 Aug 2025

The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.

Ex-India pacer Prasad set to contest in KSCA elections

Ex-India pacer Prasad set to contest in KSCA elections

Rediff.com15 Aug 2025

Former India pacer Venkatesh Prasad had served as a vice-president from 2013 to 2016 when Anil Kumble was the KSCA president.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

No Time Cap on Tax Pleas: FinMin

No Time Cap on Tax Pleas: FinMin

Rediff.com24 Jul 2025

'As a result of delays, the desired reliefs are not coming for taxpayers.'

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

EV car sales nearly double in July; two-wheeler demand slips: FADA data

EV car sales nearly double in July; two-wheeler demand slips: FADA data

Rediff.com10 Aug 2025

Retail sales of electric passenger vehicles (ePVs) nearly doubled in July 2025, surging 93 per cent year-on-year (Y-o-Y) to 15,528 units, even as overall passenger vehicle (PV) retail volumes declined marginally. In contrast, electric two-wheeler (e2W) sales dropped by 4.3 per cent to 102,973 units, according to the Federation of Automobile Dealers Associations (Fada) data.

5 Reasons Your Start-Up Isn't Growing

5 Reasons Your Start-Up Isn't Growing

Rediff.com28 Aug 2025

Many start-ups crash when they pursue growth without a brand identity, fail to act on market research or rely only on design instead of investing in trust and value, explains Vinayak Burman.

'China Is Discovering That Hostility With India Is Prohibitively Expensive'

'China Is Discovering That Hostility With India Is Prohibitively Expensive'

Rediff.com1 Sep 2025

'If they can be duplicitous, we can be equally duplicitous.' 'If they offer friendship, we reciprocate.' 'If they choose hostility, we respond with equal hostility.'

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

Govt may use reserve oil funds to finance fertiliser subsidy gap

Govt may use reserve oil funds to finance fertiliser subsidy gap

Rediff.com18 Feb 2025

For the first time, the government is likely to dip into the Oil Industry Development Fund (OIDF) to finance part of its fertiliser subsidy programme for 2025-26, according to official sources. The finance ministry has accounted for Rs 23,000 crore in the FY26 Budget as net additional resources to be drawn from dedicated reserve funds, including the OIDF, the Agriculture Infrastructure and Development Fund, and the Universal Service Obligation Fund.

Why Stock Tips Won't Build Wealth For You

Why Stock Tips Won't Build Wealth For You

Rediff.com3 Sep 2025

Real wealth isn't built on random bets; it's built on disciplined, guided portfolio strategies that can withstand market ups and downs, says Ramalingam Kalirajan.

12,432 Men Benefited From Maharashtra Laadki Bahin Scheme

12,432 Men Benefited From Maharashtra Laadki Bahin Scheme

Rediff.com18 Aug 2025

Erroneous payments were made to 77,980 women and 12,431 men, many of whom did not qualify for the scheme's benefits.

Want To Study AI Abroad?

Want To Study AI Abroad?

Rediff.com21 Aug 2025

'For tech fields like AI-DS, the US, Canada, UK, Germany and Australia are popular due to strong research and industry links', says rediffGURU Dr Karan Gupta.

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Rediff.com12 Aug 2025

Prime Minister Narendra Modi conveyed to Ukrainian President Volodymyr Zelenskyy that India remains committed to making every possible contribution for an early and peaceful solution to the conflict. Zelenskyy sought India's support in limiting Russian energy exports.

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

Rediff.com12 Aug 2025

Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was at Rs 91,260 crore, compared to Rs 1.15 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.

No infra bond issuances in FY26

No infra bond issuances in FY26

Rediff.com26 Jul 2025

Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.

'Need GST Council-like bodies to boost infra growth'

'Need GST Council-like bodies to boost infra growth'

Rediff.com22 Aug 2025

India needs Goods and Services Tax (GST) Council-like common platforms between states and the Centre in areas such as land clearances, power, and water to fast-track infrastructure projects to achieve double-digit growth going ahead, said Praveer Sinha, chief executive officer and managing director of The Tata Power Company.

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

Rediff.com14 Aug 2025

The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. They have also been barred from holding any key position in a listed company.

Pre-tariff rush to US lifts exports by 7% in July

Pre-tariff rush to US lifts exports by 7% in July

Rediff.com15 Aug 2025

India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.

Using ChatGPT's Study Mode? Read This

Using ChatGPT's Study Mode? Read This

Rediff.com15 Aug 2025

If students use AI as an answer machine, they are not going to learn, cautions OpenAI's Leah Belsky.

Insurers hopeful of reduction in GST on health, life premiums

Insurers hopeful of reduction in GST on health, life premiums

Rediff.com16 Aug 2025

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.

Sensex drops 308 pts; RIL, HDFC Bank major drags

Sensex drops 308 pts; RIL, HDFC Bank major drags

Rediff.com5 Aug 2025

Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers.

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

SC cancels bail granted to Dheeraj Wadhawan in loan scam case, directs him to surrender in 2 weeks

SC cancels bail granted to Dheeraj Wadhawan in loan scam case, directs him to surrender in 2 weeks

Rediff.com5 Aug 2025

The Supreme Court on Tuesday cancelled bail granted to former DHFL promoter Dheeraj Wadhawan in the multi-crore bank loan scam case. A bench of Justices Sanjay Kumar and Satish Chandra Sharma passed the order after perusing the report filed by a medical board and directed Wadhawan to surrender within two weeks.

'People Ask Why You Have To Be So Rigid'

'People Ask Why You Have To Be So Rigid'

Rediff.com17 Jul 2025

'It is not rigidity.' 'I am just sticking to what I believe very strongly in, particularly if you have been given an opportunity to serve the country....'