Search results for 'Economic Update'

MP Man Held In Multi-Crore Amity University Fraud Case

MP Man Held In Multi-Crore Amity University Fraud Case

Rediff.com5 days ago

Delhi Police have arrested a man from Madhya Pradesh in connection with a multi-crore bank fraud case involving forged cheques and fraudulent withdrawal of funds from an Amity University account.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com3 days ago

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

Indian Super League Players In Limbo Amid AIFF Uncertainty

Indian Super League Players In Limbo Amid AIFF Uncertainty

Rediff.com2 days ago

Nearly 150 Indian Super League players, including national team members, face an uncertain future as their contracts expire amid ongoing disputes between the AIFF and clubs over the league's structure.

Rupee plunges to fresh lifetime low of 96.86 against US dollar

Rupee plunges to fresh lifetime low of 96.86 against US dollar

Rediff.com20 May 2026

The Indian rupee depreciated 16 paise to settle at a fresh lifetime low of 96.86 against the US dollar, marking its ninth consecutive session of decline, driven by elevated global crude prices and a strong dollar.

Temple trusts oppose Maharashtra draft law on devasthan land

Temple trusts oppose Maharashtra draft law on devasthan land

Rediff.com26 May 2026

A state-level 'Temple Land Protection Conference' was held in Mumbai on Monday, during which participants passed a resolution demanding immediate and unconditional withdrawal of the proposed legislation, the Maharashtra Mandir Mahasangh state in a release.

Core Infrastructure Sector Output Rises 1.7% in April, Driven by Steel, Cement, Electricity

Core Infrastructure Sector Output Rises 1.7% in April, Driven by Steel, Cement, Electricity

Rediff.com20 May 2026

India's eight core infrastructure sectors recorded a two-month high growth of 1.7 per cent in April, primarily boosted by strong performances in steel, cement, and electricity production, according to government data.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

Tata Group Expanding In Bengal: Here's What It Means

Tata Group Expanding In Bengal: Here's What It Means

Rediff.com5 days ago

TMC leader Derek O'Brien highlights the Tata Group's presence and expansion in West Bengal, countering BJP claims about bringing Tata back to the state. Investments and expansions span IT, manufacturing, hospitality, and retail sectors.

Trinamool Congress Accuses Centre Of Cheating Citizens

Trinamool Congress Accuses Centre Of Cheating Citizens

Rediff.com15 May 2026

The Trinamool Congress has launched a sharp attack on the Narendra Modi government over rising fuel prices, economic concerns, and exam irregularities, accusing the Centre of betraying citizens.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

India launches emergency mission to pull 13 ships out of Hormuz

India launches emergency mission to pull 13 ships out of Hormuz

Rediff.com5 days ago

India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 days ago

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Rediff.com3 days ago

Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.

Mumbai Couple Held In Rs 31 Crore Investment Scam

Mumbai Couple Held In Rs 31 Crore Investment Scam

Rediff.com21 May 2026

Faridabad police have arrested a husband and wife from Mumbai for allegedly defrauding people of approximately Rs 31 crore through fraudulent investment schemes in forex trading and film production.

Indians' overseas travel spending dips to $1.09 billion in March amidst rupee depreciation concerns

Indians' overseas travel spending dips to $1.09 billion in March amidst rupee depreciation concerns

Rediff.com24 May 2026

Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.

'I love Modi. India can count on me 100%': Trump's phone call at live Delhi event

'I love Modi. India can count on me 100%': Trump's phone call at live Delhi event

Rediff.com25 May 2026

US President Donald Trump reiterated his strong support for India and Prime Minister Narendra Modi, declaring that 'India can count on me 100 per cent' during a celebratory event marking the 250th anniversary of American independence in New Delhi.

Putin to attend BRICS summit in New Delhi in September

Putin to attend BRICS summit in New Delhi in September

Rediff.com19 May 2026

Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.

'Shivakumar Is The Richest Politician In The Country'

'Shivakumar Is The Richest Politician In The Country'

Rediff.com1 days ago

'In the (election) affidavit, he had declared Rs 1,400 crores as his assets. He has educational institutions, real estate, malls, etc.'

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Rediff.com4 days ago

Following the deaths of 15-18 people in Pune and Pimpri Chinchwad due to spurious liquor, the Maharashtra government has suspended 22 police and excise department personnel for failing to act against the illegal liquor trade. Financial assistance has been announced for the victims' families, and a statewide crackdown on illicit liquor is underway.

'Ideologically, D K Shivakumar Is Rather RSS-ish'

'Ideologically, D K Shivakumar Is Rather RSS-ish'

Rediff.com1 days ago

'Shivakumar's relationship with the BJP and the RSS is not adversarial in the way Siddaramaiah's has been.' 'Siddaramaiah has publicly attacked the RSS on record; Shivakumar has made no such statement at any point.' 'He vociferously defended the Karnataka government's celebration of Ram temple consecration with RSS-ish arguments.'

Why Gulf States Now Need India

Why Gulf States Now Need India

Rediff.com15 May 2026

India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.

Meet The New CBSE Chief

Meet The New CBSE Chief

Rediff.com1 days ago

Sarthak Sidhant, a 17-year-old student from Jharkhand affected by CBSE's online marking system, made a presentation before the Parliamentary Standing Committee on Tuesday on alleged irregularities in the tendering process for the selection of vendors for online marking of Class 12 answer scripts.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com1 days ago

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

Trump-Xi Rapprochement: Time For India To Be Cautious

Trump-Xi Rapprochement: Time For India To Be Cautious

Rediff.com21 May 2026

India would confront a more entrenched China, a less dependable United States, and a regional order increasingly shaped by great-power bargaining over which it exercises limited influence, notes Amberish K Diwanji.

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

Jacqueline Fernandez to face charges in Rs 200cr money laundering case

Jacqueline Fernandez to face charges in Rs 200cr money laundering case

Rediff.com4 days ago

A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and others in connection with a Rs 200-crore money laundering case. The court also ordered charges against Chandrashekhar and others for offences including those under MCOCA in a separate case.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com7 days ago

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

Cow protection row: What Muslim members told constituent assembly in 1948

Cow protection row: What Muslim members told constituent assembly in 1948

Rediff.com27 May 2026

Amid calls from sections of the Muslim community that cow should be declared a national animal, a look at the Constituent Assembly debates shows that two Muslim members had sought an unambiguous spelling out of the state's stance on cow slaughter, with one of them even calling for prohibiting it as part of fundamental rights.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com6 days ago

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

Court Orders Charges Against Sukesh Chandrashekar, Others Under MCOCA

Court Orders Charges Against Sukesh Chandrashekar, Others Under MCOCA

Rediff.com5 days ago

A Delhi court has ordered the framing of charges against Sukesh Chandrashekar and 20 others under MCOCA and other offences related to extortion and organised crime.

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

Rediff.com3 days ago

Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Rediff.com7 days ago

Tamil Nadu Chief Minister C Joseph Vijay concluded his first official visit to Delhi, meeting with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to discuss key state issues.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com4 days ago

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

Indian Techies Face Green Card Uncertainty

Indian Techies Face Green Card Uncertainty

Rediff.com25 May 2026

This could come as a setback to thousands of Indian engineers who have waited for years for their work visas to pave the way for the coveted Green Card.

How Fuel Price Hikes Are Impacting Kerala's Economy

How Fuel Price Hikes Are Impacting Kerala's Economy

Rediff.com27 May 2026

Kerala is facing increased inflationary pressure due to recent hikes in petrol and diesel prices, according to Chief Minister V D Satheesan. The state's economy is also impacted by the decline in remittances from the Gulf and higher oil prices.

AIFF To Amend Constitution, Discuss ISL Partner At SGM

AIFF To Amend Constitution, Discuss ISL Partner At SGM

Rediff.com22 May 2026

The All India Football Federation (AIFF) will hold a Special General Body Meeting to amend its constitution in line with the National Sports Governance Act and discuss the new commercial partner for the Indian Super League.

US-Iran draft deal proposes immediate ceasefire, sanctions relief

US-Iran draft deal proposes immediate ceasefire, sanctions relief

Rediff.com22 May 2026

A potential agreement between the United States and Iran, including a comprehensive ceasefire and gradual lifting of US sanctions, may be announced soon, according to reports. The agreement aims to de-escalate tensions and establish a framework for resolving disputes.

AIFF Approves Governance Act, Postpones ISL Commercial Partner Decision

AIFF Approves Governance Act, Postpones ISL Commercial Partner Decision

Rediff.com23 May 2026

The All India Football Federation (AIFF) has approved the adoption of the National Sports Governance Act but deferred a decision on picking a new commercial partner for the Indian Super League (ISL) during its Special General Body Meeting.

India's Biggest Petrol Price Hikes Over The Last 20 Years

India's Biggest Petrol Price Hikes Over The Last 20 Years

Rediff.com15 May 2026

Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today