Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).
A 42-year-old man from Thane, Maharashtra, was allegedly defrauded of 71.1 lakh by cyber criminals posing as CBI officers who threatened to implicate him in a false case.
A 40-year-old man in Jharkhand, reportedly suffering from mental health issues, has been arrested for killing his mother and burning her body. Police are investigating the incident, and the accused has been remanded in judicial custody.
A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.
The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.
Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.
The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.
Run by the government, these mobile schools ensure that the children of the Agariya salt workers -- who migrate for months through the Little Rann of Kutch to harvest salt under extreme conditions -- don't miss out on their education.
Hyderabad Police have dismantled a pan-India cyber fraud network, arresting 52 individuals across nine states in 'Operation Octopus 2.0'. The operation targeted bank officials, mule account holders, and middlemen involved in facilitating cyber frauds.
A 29-year-old woman from Mumbra was allegedly defrauded of Rs 6.75 lakh (6,750) by an individual posing as an NRI on a matrimonial website. The accused claimed to be a UK resident and convinced the victim to transfer funds for customs clearances.
Rajasthan Police have dismantled a cyber fraud racket operating from a remote island in Dungarpur district, arresting 12 individuals involved in offering fake escort services and scamming victims across the country.
JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.
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.
Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.
Mangoes, Thums Up, Ludo, Train journeys, Video cassettes, Wimbledon -- a love letter to the summers that raised us.
Delhi Police have arrested five individuals for allegedly supplying mule bank accounts to cyber fraud syndicates with links to Dubai. The arrests follow a complaint regarding a stock market investment scam where the victim was duped of over Rs 12 lakh.
A retired ITBP officer in Punjab's Hoshiarpur district has reported an online fraud of approximately 17.52 lakh from his bank accounts. Police have registered a case and are investigating the incident.
Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan
rediffGURU Anu Krishna, mind coach and co-founder, Unfear Changemakers explains how external interference can break a marriage.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.
A 27-year-old man died after his wife allegedly stabbed him following a dispute over the volume of the television in their home in Andhra Pradesh.
India's total telephone subscriber base reached 1,321.31 million by the end of February 2026, marking a 0.56 per cent monthly growth, primarily fuelled by a significant surge in broadband adoption.
Despite a 21 per cent minimum wage hike in parts of Uttar Pradesh, factory workers in India, particularly in states like Uttar Pradesh and Haryana, continue to experience wages below the national average and a widening disparity compared to supervisors and managers.
The government plans to expand its central bank digital currency (CBDC)-based food subsidy programme to Chandigarh, Dadra and Nagar Haveli, and Daman and Diu by June, following its implementation on a pilot basis in Gujarat and Puducherry, official sources said.
India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
A Booth Level Officer (BLO) in Kasaragod, Kerala, was found dead in a river, prompting his family to allege suicide due to excessive work pressure related to election duties. Police have launched an investigation into the circumstances surrounding his death.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 19,837 crore from Indian equities in the first two trading sessions of April, extending a significant selling trend from March, driven by geopolitical uncertainty, rising crude oil prices, and a depreciating rupee.
A 16-year-old student in Faridabad allegedly committed suicide after receiving low marks in his Class 11 examinations, highlighting the immense pressure students face regarding academic performance.
India recorded a 6% dip in overall crime in 2024, with 58.85 lakh cases registered compared to 62.41 lakh in 2023, according to the National Crime Records Bureau. Crime rates per lakh population also decreased, with Kerala, Puducherry, and West Bengal leading in solving crimes. While some crimes like those against women and SC/STs saw declines, cybercrime and crimes against senior citizens increased.
A US national was allegedly sexually assaulted at a homestay in Kodagu, Karnataka, leading to the arrest of a staff member and the owner, who reportedly attempted to cover up the incident.
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.
Nikkhil Advani, a master of long-form storytelling, reflects on Freedom At Midnight and what it was to make a two-part series on the most difficult period of India's history in these polarised times.
Odisha Police have arrested a man from West Bengal for his alleged involvement in an online investment fraud case involving Rs 12.33 crore.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.
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.
'Do you really want to live with a man who has no respect for you or the marriage?' asks rediffGURU Ravi Mittal, CEO of online dating web site Quack Quack and Rebounce, a matrimony platform.
