Search results for ' Finance'

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

End of an era: Pep Guardiola to leave Manchester City after decade-long reign

End of an era: Pep Guardiola to leave Manchester City after decade-long reign

Rediff.com22 May 2026

'Don't ask me the reasons I'm leaving. There is no reason, but deep inside, I know it's my time.'

Prashant Kishor moves to ashram on outskirts of Patna, to live there till...

Prashant Kishor moves to ashram on outskirts of Patna, to live there till...

Rediff.com21 May 2026

Jan Suraaj Party founder Prashant Kishor has moved to an ashram on the outskirts of Patna to continue his political activities ahead of the next assembly elections. He criticised Nitish Kumar and urged voters to prioritise their own interests.

'Wife Spends On Maids, Shopping, Kitty Parties'

'Wife Spends On Maids, Shopping, Kitty Parties'

Rediff.com18 May 2026

rediffGURU Anu Krishna, mind coach, relationship coach and co-founder of Unfear Changemakers, urges couples to openly discuss how to manage money in a relationship.

How SIPs Beat Inflation, Build Retirement Wealth

How SIPs Beat Inflation, Build Retirement Wealth

Rediff.com29 May 2026

Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com13 Apr 2026

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com22 Apr 2026

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Rediff.com15 May 2026

Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.

Tenure of 16th Finance Commission extended till Nov 30

Tenure of 16th Finance Commission extended till Nov 30

Rediff.com14 Oct 2025

The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman.

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Rediff.com15 May 2026

The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.

ED Gets Nod To Interrogate ISIS Suspects In Jails

ED Gets Nod To Interrogate ISIS Suspects In Jails

Rediff.com14 May 2026

A special court has granted the Enforcement Directorate (ED) permission to record statements of 19 alleged ISIS members and sympathizers held in various prisons across India.

Equestrian Federation Governance Reforms Face Lengthy Delays

Equestrian Federation Governance Reforms Face Lengthy Delays

Rediff.com21 May 2026

The Ad-Hoc Committee appointed to run the Equestrian Federation of India (EFI) has informed the Delhi High Court that governance reforms and elections may take longer than initially planned. The committee cited statutory requirements under the new sports law and delays in gaining full control of the federation as reasons for the extended timeline.

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com15 Apr 2026

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

Why Credit Card Usage Is Booming In India

Why Credit Card Usage Is Booming In India

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

Rediff.com9 Dec 2025

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.

Mother's Day: In Pix: A Day In The Life Of A Mother

Mother's Day: In Pix: A Day In The Life Of A Mother

Rediff.com11 May 2026

Riddhi Vora says her proudest title came not from a classroom or career milestone, it came with motherhood, "My life changed completely the moment I held my daughter for the first time, and then again when Veyansh was born,".

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

India Clears Nuclear FDI Policy

India Clears Nuclear FDI Policy

Rediff.com18 Apr 2026

'The Atomic Energy Commission has approved the FDI policy and it is going in for ministerial consultations.'

US-China Rivalry Enters New Phase

US-China Rivalry Enters New Phase

Rediff.com27 May 2026

The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Rediff.com29 Apr 2026

Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.

How A Punjab Football Academy Is Combating Drug Abuse

How A Punjab Football Academy Is Combating Drug Abuse

Rediff.com23 May 2026

A grassroots football academy in Punjab is using football to combat drug abuse and develop young talent, addressing key issues in Indian football's grassroots development.

Want To Study At A Foreign University In India?

Want To Study At A Foreign University In India?

Rediff.com7 May 2026

Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.

Don 3 To Hera Pheri 3: 10 'Cursed' Sequels

Don 3 To Hera Pheri 3: 10 'Cursed' Sequels

Rediff.com28 May 2026

Bollywood has announced plenty of high-profile sequels with fanfare, only for a few of them to vanish into endless delays, casting chaos and development hell.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

Kriish Tyagi Advances To Pre-Quarters At Karnataka Open

Kriish Tyagi Advances To Pre-Quarters At Karnataka Open

Rediff.com12 May 2026

Wildcard Kriish Tyagi progressed into the pre-quarterfinal of the Karnataka Open ATP Challenger, while Mukund Sasikumar and Manish Sureshkumar also advanced. However, other Indian players faced defeat.

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com5 May 2026

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

Asia on fire: Of finance, climate, cities in motion

Asia on fire: Of finance, climate, cities in motion

Rediff.com20 Jan 2026

The initial public offering (IPO) market in India last year was hot, with companies raising over $22 billion in 2025. But half of the 350-plus companies that listed on the stock exchange last year traded below their offer price, according to a new research report released by HSBC Global Investment Research - a sobering fact despite what otherwise looked like a rush of companies eager to list on the bourses.

Mcap of 8 most valued firms surges by Rs 1.87 lakh cr; Airtel biggest winner

Mcap of 8 most valued firms surges by Rs 1.87 lakh cr; Airtel biggest winner

Rediff.com19 Apr 2026

Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

NIT Rourkela To Offer New Courses In Emerging Technologies

NIT Rourkela To Offer New Courses In Emerging Technologies

Rediff.com13 May 2026

NIT Rourkela has announced the launch of four new academic programmes for the 2026-27 session, focusing on emerging technologies such as semiconductors, artificial intelligence, and quantum technologies.

Why Every Family Needs Health Corpus

Why Every Family Needs Health Corpus

Rediff.com19 May 2026

'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'

Nirmala Sitharaman Alleges TMC Government Obstructing Central Welfare Schemes in West Bengal

Nirmala Sitharaman Alleges TMC Government Obstructing Central Welfare Schemes in West Bengal

Rediff.com15 Apr 2026

Union Finance Minister Nirmala Sitharaman has accused the TMC government in West Bengal of preventing the implementation of central welfare schemes, depriving the state's residents of benefits such as Ayushman Bharat and PM Kisan.

Judge Withdraws From Karti Chidambaram CBI Case Hearing

Judge Withdraws From Karti Chidambaram CBI Case Hearing

Rediff.com28 Apr 2026

Delhi High Court judge Justice Swarana Kanta Sharma has recused herself from hearing a plea by Congress MP Karti Chidambaram seeking to quash a CBI FIR against him. The FIR alleges that Chidambaram helped an alcoholic beverage company over the ban on the duty-free sale of its whisky.