Search results for 'Bank'

CBI chargesheets 4 Chinese citizens among 17 in Rs 1,000-cr cyber fraud case

CBI chargesheets 4 Chinese citizens among 17 in Rs 1,000-cr cyber fraud case

Rediff.com14 Dec 2025

The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore.

Manappuram, Muthoot zoom up to 82% in 2025; what's driving gold financiers?

Manappuram, Muthoot zoom up to 82% in 2025; what's driving gold financiers?

Rediff.com25 Dec 2025

Shares of gold finance companies Muthoot Finance and Manappuram Finance hit their respective all-time highs, gaining on the BSE during Wednesday on expectation of healthy earnings. In comparison, the benchmark BSE Sensex was down 0.14 per cent, closing at 85,408.

Gold returns beat equities, realty in 20-yr period

Gold returns beat equities, realty in 20-yr period

Rediff.com12 Dec 2025

Investing in gold trumped most other asset classes in terms of compounded annualised returns over the long term, suggests a report by FundsIndia.

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rediff.com17 Dec 2025

The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.

6 kids test HIV-positive after blood transfusion in MP

6 kids test HIV-positive after blood transfusion in MP

Rediff.com16 Dec 2025

Six children with thalassemia in Madhya Pradesh, India, have tested positive for HIV, suspected to be transmitted through contaminated blood transfusions. An investigation has been ordered, and the opposition Congress party is demanding accountability.

Yearend: Time To Reassess YOUR Portfolio

Yearend: Time To Reassess YOUR Portfolio

Rediff.com29 Dec 2025

This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.

Govt has infused over Rs 3,100 cr in women-led startups in 6 years

Govt has infused over Rs 3,100 cr in women-led startups in 6 years

Rediff.com22 Dec 2025

The government has infused over Rs 3,100 crore into women-led startups over the past six years, through its three schemes including the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to boost female entrepreneurship across the country, according to an update shared by the Ministry of Commerce and Industry.

NHRC issues notice to states, UTs over HIV+ blood transfusion cases

NHRC issues notice to states, UTs over HIV+ blood transfusion cases

Rediff.com20 Dec 2025

The NHRC has issued notices to all states and Union territories following reports of children testing HIV positive after blood transfusions in Madhya Pradesh. The commission is seeking detailed reports on the matter within four weeks.

2 copper coins, one golden stick...: Banke Bihari treasury inspection ends

2 copper coins, one golden stick...: Banke Bihari treasury inspection ends

Rediff.com19 Oct 2025

The 'Toshkhana' (treasury) of the Banke Bihari temple in Mathura, locked since 1971, was opened for inspection under the supervision of a Supreme Court-appointed committee. The inventory included copper coins, stones, silver and golden sticks.

How Could Markets Be At All-Time Highs While Portfolios Languished?

How Could Markets Be At All-Time Highs While Portfolios Languished?

Rediff.com29 Dec 2025

There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.

RBI Warns Against Stablecoins, Backs CBDCs

RBI Warns Against Stablecoins, Backs CBDCs

Rediff.com13 Dec 2025

'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

World Bank raises India's growth projection to 6.5% for 2025-26

World Bank raises India's growth projection to 6.5% for 2025-26

Rediff.com7 Oct 2025

The World Bank on Tuesday raised India's growth forecast for the current fiscal to 6.5 per cent from 6.3 per cent estimated earlier, and said the country is expected to remain fastest-growing major economy, underpinned by continued strength in consumption growth.

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rediff.com11 Dec 2025

The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.

Amit Shah calls for unified ATS structure for police across India

Amit Shah calls for unified ATS structure for police across India

Rediff.com27 Dec 2025

Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

Pak raises concerns over Chenab River flow, writes to India

Pak raises concerns over Chenab River flow, writes to India

Rediff.com19 Dec 2025

Pakistan has voiced concerns over the alleged variations in the flow of the Chenab River and has written a letter to India seeking clarification. They also commented on an incident in Bihar involving the removal of a Muslim woman's veil.

Sensex tanks 610 pts; Nifty slips below 26K

Sensex tanks 610 pts; Nifty slips below 26K

Rediff.com8 Dec 2025

Among the Sensex constituents, Bharat Electronics Ltd, Eternal, Trent, Tata Steel, Bajaj Finance, Adani Ports, Bajaj Finserv, State Bank of India, PowerGrid, Asian Paints, Tata Motors Passenger Vehicles, Titan, NTPC, Kotak Mahindra Bank, Larsen & Toubro and Bharti Airtel were among the laggards. Tech Mahindra, HCL Technologies, Reliance Industries and HDFC Bank were the only gainers.

RBI steers away from aggressive intervention as rupee touches new lows

RBI steers away from aggressive intervention as rupee touches new lows

Rediff.com5 Dec 2025

As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to stop the fall.

Sensex tanks nearly 504 pts, Nifty slips to 26,032

Sensex tanks nearly 504 pts, Nifty slips to 26,032

Rediff.com2 Dec 2025

Among Sensex firms, Axis Bank, HDFC Bank, Reliance Industries, ICICI Bank, Bharat Electronics and Larsen & Toubro were the biggest laggards. However, Asian Paints, Maruti, Bharti Airtel and Bajaj Finance were among the gainers.

POCO C85 5G Debuts In India With Giant 6.9-Inch Display

POCO C85 5G Debuts In India With Giant 6.9-Inch Display

Rediff.com16 Dec 2025

POCO C85 5G has arrived in India, with its entry variant tagged at 11,999.

'Women Forgot All Their Problems After They Got 10,000 In Their Bank Accounts And Voted For The NDA'

'Women Forgot All Their Problems After They Got 10,000 In Their Bank Accounts And Voted For The NDA'

Rediff.com14 Nov 2025

'Women from all castes and religions voted for Nitish Kumar as it was his last election.'

Forex reserves drop by $1.88 bn to $686 bn

Forex reserves drop by $1.88 bn to $686 bn

Rediff.com5 Dec 2025

India's forex reserves dropped by $1.88 billion to $686 billion during the week ended November 28, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $4.47 billion to $688 billion.

Sensex tumbles 534 pts dragged by foreign fund outflows, weak global trends

Sensex tumbles 534 pts dragged by foreign fund outflows, weak global trends

Rediff.com16 Dec 2025

Among Sensex firms, Axis Bank tanked the most by 5.03 per cent. Eternal, HCL Tech, Bajaj Finserv, Tata Steel, UltraTech Cement and Bajaj Finance were also among the laggards. However, Titan, Bharti Airtel, Mahindra & Mahindra and Asian Paints were among the gainers.

Sensex dips 31 points amid relentless foreign fund outflows

Sensex dips 31 points amid relentless foreign fund outflows

Rediff.com3 Dec 2025

From the Sensex firms, Bharat Electronics, Mahindra & Mahindra, Titan, NTPC, State Bank of India, Adani Ports, Tata Motors Passenger Vehicles and Bajaj Finserv were among the major laggards. Tata Consultancy Services, ICICI Bank, Infosys and HDFC Bank were among the gainers.

'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.'

'Congress Eyeing 2036 Polls'

'Congress Eyeing 2036 Polls'

Rediff.com20 Dec 2025

'It is clear they have accepted that the next two elections belong to the BJP.'

Sensex end lower by 54 points on foreign fund outflows

Sensex end lower by 54 points on foreign fund outflows

Rediff.com15 Dec 2025

From the Sensex firms, Mahindra & Mahindra, Maruti, Adani Ports, Bajaj Finserv, Titan, and HDFC Bank were among the major laggards. However, Hindustan Unilever, Trent, HCL Tech, Asian Paints, and Tata Steel were among the gainers.

Music In 2 Minutes: The Nadeem-Shravan Story

Music In 2 Minutes: The Nadeem-Shravan Story

Rediff.com16 Dec 2025

The duo converted musical notes into bank notes with a steady spate of 1990s musicals such as Aashiqui, Saajan, Dil Hain Ke Manta Nahin, Raja Hindustani and Pardes.

'Yes Bank's Commercial Banking Segment Would Grow'

'Yes Bank's Commercial Banking Segment Would Grow'

Rediff.com12 Aug 2025

'MIB which is a part of retail, will grow in the range of 20 per cent.'

Foreign investors, currency movement, macro data to drive markets

Foreign investors, currency movement, macro data to drive markets

Rediff.com21 Dec 2025

Stock markets are likely to trade in a range-bound manner in a holiday-shortened week where trading activity of foreign investors, currency movement and global macroeconomic data announcements are expected to drive sentiments, analysts said. Several global markets may see subdued activity on account of Christmas and New Year holidays, an expert said.

December 31: Last Chance To File ITR

December 31: Last Chance To File ITR

Rediff.com26 Dec 2025

Filing a belated return is far better than not filing at all.

RBI allows banks to give loans to manufacturers using gold as raw material

RBI allows banks to give loans to manufacturers using gold as raw material

Rediff.com30 Sep 2025

The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.

Centre Creates Plan To Avoid Tunnel Collapses

Centre Creates Plan To Avoid Tunnel Collapses

Rediff.com22 Dec 2025

'The recent occurrences of tunnel collapses during construction have prompted a critical assessment of current implementation methodologies and the necessary improvements to prevent such incidents from recurring.'

RBI allows rupee to find its own level: Guv Malhotra

RBI allows rupee to find its own level: Guv Malhotra

Rediff.com6 Dec 2025

Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.

Axar Patel ruled out of SA T20Is, Shahbaz called up

Axar Patel ruled out of SA T20Is, Shahbaz called up

Rediff.com15 Dec 2025

India all-rounder Axar Patel was on Monday ruled out of the remaining two T20 Internationals against South Africa due to illness with the BCCI's selection committee naming Shahbaz Ahmed as his replacement.

George, Malhotra set up India-Pak date in U-19 Asia Cup final

George, Malhotra set up India-Pak date in U-19 Asia Cup final

Rediff.com19 Dec 2025

Vice-captain Vihaan Malhotra's exhilarating stroke-play was well complemented by Aaron George's composure as India set up an Under-19 Asia Cup summit date with arch-rivals Pakistan after crushing Sri Lanka by eight wickets in a rain-curtailed semi-final, in Dubai, on Friday.

Top realtors bet on plotted development

Top realtors bet on plotted development

Rediff.com22 Dec 2025

India's leading real estate developers are accelerating their push into plotted development, a segment once dominated by unorganised players but now reshaped by branded offerings, faster cash flows and evolving buyer preferences. This strategic shift is visible across markets such as Bengaluru, Chennai, Hyderabad, Gurugram, peripheries of the Mumbai Metropolitan Region (MMR) and even Tier-II cities.

IDFC First Bank 1L Scholarship For Engineering Students

IDFC First Bank 1L Scholarship For Engineering Students

Rediff.com23 Sep 2025

The IDFC First Bank Engineering Scholarship covers the actual annual fee or Rs 1,00,000 per year, whichever is lower.

ICICI Bank gets Rs 49 cr GST demand notice

ICICI Bank gets Rs 49 cr GST demand notice

Rediff.com17 Sep 2025

ICICI Bank on Wednesday said tax authorities have slapped a demand notice of Rs 49.11 crore on it for alleged short payment of GST.