Search results for 'Federal Bank of US'

Gold prices fall sharply amid global economic uncertainty

Gold prices fall sharply amid global economic uncertainty

Rediff.com25 Mar 2026

Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 Mar 2026

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

Rediff.com27 Mar 2026

The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.

Volkswagen bets big on India, targets 5% market share

Volkswagen bets big on India, targets 5% market share

Rediff.com21 Apr 2026

koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.

As Iran Tensions Surge, India Leans On UAE

As Iran Tensions Surge, India Leans On UAE

Rediff.com13 Apr 2026

For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.

Delhi Court Remands I-PAC Co-founder to ED Custody in Money Laundering Case

Delhi Court Remands I-PAC Co-founder to ED Custody in Money Laundering Case

Rediff.com14 Apr 2026

A Delhi court has remanded I-PAC co-founder Vinesh Chandel to the Enforcement Directorate's custody for 10 days in connection with a money laundering case involving alleged diversion of funds worth crores of rupees.

SC to Address Rising Cybercrime of Digital Arrests

SC to Address Rising Cybercrime of Digital Arrests

Rediff.com16 Mar 2026

The Supreme Court of India will hear a suo motu case concerning victims of digital arrest, a growing form of cybercrime where fraudsters impersonate officials to extort money from victims.

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.

Santiago Nieva Focuses on Technique for Indian Women Boxers at Asian Championships

Santiago Nieva Focuses on Technique for Indian Women Boxers at Asian Championships

Rediff.com27 Mar 2026

Head coach Santiago Nieva is focusing on technical discipline and a tighter defensive guard for the Indian women's boxing team at the Asian Championships in Ulaanbaatar, Mongolia.

How a Teenager Uncovered a Fake Sports Body Scamming Athletes

How a Teenager Uncovered a Fake Sports Body Scamming Athletes

Rediff.com19 Mar 2026

A 16-year-old Taekwondo player uncovered a fraudulent sports body, the 'Youth Khelo India Federation (YKIF),' which falsely claimed government affiliation and scammed athletes, prompting the Sports Ministry to file an FIR.

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

Rediff.com25 Feb 2026

The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com30 Mar 2026

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

Indian Athletes Prepare for Inaugural National Indoor Championships

Indian Athletes Prepare for Inaugural National Indoor Championships

Rediff.com23 Mar 2026

Top Indian athletes, including Animesh Kujur and Praveen Chithravel, are set to compete in the inaugural National Indoor Championships in Bhubaneswar, viewing it as crucial preparation for the Asian Games.

Top Indian Athletes Ready for National Indoor Championships Ahead of Asian Games

Top Indian Athletes Ready for National Indoor Championships Ahead of Asian Games

Rediff.com23 Mar 2026

Top Indian athletes, including Animesh Kujur and Praveen Chithravel, are set to compete in the inaugural National Indoor Championships, using the event as preparation for the Asian Games later this year.

India Launches Indoor Athletics with National Championship in Bhubaneswar

India Launches Indoor Athletics with National Championship in Bhubaneswar

Rediff.com23 Mar 2026

India is set to host its first-ever National Indoor Athletics Championship in Bhubaneswar, marking a significant step towards hosting the World Indoor Athletics Championships in 2028. The event will feature a 200m track and various field events, providing a novel experience for Indian athletes.

Federal Bank to hire 5k employees: How to bag the job!

Federal Bank to hire 5k employees: How to bag the job!

Rediff.com6 Dec 2012

Graduates from any discipline can aspire for a lucrative job at India's fourth largest bank. Here's everything you need to know about the Federal Bank.

Sensex drops 466 points on selling in pvt banking shares

Sensex drops 466 points on selling in pvt banking shares

Rediff.com31 Oct 2025

From the Sensex firms, Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent and HDFC Bank were among the major laggards. However, Bharat Electronics, Larsen & Toubro, Tata Consultancy Services, ITC and State Bank of India were the gainers.

Gold falls Rs 400 to Rs 1.6 lakh/10g, silver remains flat

Gold falls Rs 400 to Rs 1.6 lakh/10g, silver remains flat

Rediff.com12 Feb 2026

Gold prices fell by Rs 400 to Rs 1.6 lakh per 10 grams in the national capital on Thursday amid weak global trends and receding expectations of an interest rate cut by the US Federal Reserve.

How the stock markets will fare next week

How the stock markets will fare next week

Rediff.com15 Feb 2026

Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate sentiment in the stock market next week, even as investors may remain cautious amid ongoing volatility, according to analysts.

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Rediff.com2 Mar 2026

Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.

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.

Tina Ambani skips ED summons again in money laundering probe

Tina Ambani skips ED summons again in money laundering probe

Rediff.com17 Feb 2026

Tina Ambani, wife of Anil Ambani, skipped the Enforcement Directorate (ED) summons for the second time in connection with a money laundering case. Anil Ambani has been asked to appear before the agency as well.

Our cost of funds is still high: Federal Bank chief

Our cost of funds is still high: Federal Bank chief

Rediff.com13 Feb 2013

Shyam Srinivasan, managing director and CEO, shares with Business Standard the strategy to grow the bank's retail lending business in the coming quarters.

Gold poised for volatile week as West Asia crisis roils markets

Gold poised for volatile week as West Asia crisis roils markets

Rediff.com8 Mar 2026

Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

The Supreme Court has expressed serious concerns about the rise in digital fraud, particularly digital arrest scams, and has directed the central government to develop a standard operating procedure to combat these crimes.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

It said that when a retiree, who withdraws amounts in the range of Rs 10,000 or Rs 20,000, suddenly withdraws huge amounts, then the bank should issue an alert.

India Inc turns to equity, bonds as cheaper bank loans remain elusive

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Rediff.com25 Aug 2025

Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.

Two CAs Arrested in Cyber Fraud Money Laundering Case

Two CAs Arrested in Cyber Fraud Money Laundering Case

Rediff.com5 Mar 2026

Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.

ED chargesheets RG Kar ex-principal in medical college irregularities

ED chargesheets RG Kar ex-principal in medical college irregularities

Rediff.com7 Feb 2026

The Enforcement Directorate (ED) has filed a chargesheet in connection with alleged financial irregularities at the R G Kar Medical College and Hospital, naming former principal Sandip Ghosh and others as accused.

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com6 Mar 2026

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Rediff.com25 Mar 2014

Banks have been struggling hard to recover dues from grounded Kingfisher Air.

How Will Silver Fare In 2026?

How Will Silver Fare In 2026?

Rediff.com9 Feb 2026

New investors should enter gradually and with a long horizon. 'Staggered investment through systematic purchase plans is advisable rather than lump-sum buying.'

Federal Bank expects bad loans from Kerala to go up 20-30%

Federal Bank expects bad loans from Kerala to go up 20-30%

Rediff.com22 Aug 2018

The rubber and tourism industries in the state, to which the bank has exposure, have been hit.

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

Gold, Silver Fall: Investors Must Stay Cautious

Gold, Silver Fall: Investors Must Stay Cautious

Rediff.com19 Feb 2026

The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.

How the Open Quantum Institute Plans to Make Quantum Computing Accessible to All

How the Open Quantum Institute Plans to Make Quantum Computing Accessible to All

Rediff.com7 Mar 2026

The Open Quantum Institute (OQI), a joint initiative by Geneva Science and Diplomacy Anticipator (GESDA) and CERN, aims to ensure equitable access to quantum computing when it becomes widely available, fostering international cooperation and addressing societal implications.

Federal Bank posts Rs 311.20-million Q3 net

Federal Bank posts Rs 311.20-million Q3 net

Rediff.com17 Jan 2003

Federal Bank Ltd has posted a net profit of Rs 311.20 million for the quarter ended December 31, as compared to Rs 219.30 million in the quarter ended December 31, 2001.

Gold likely to hold ground; silver braces for volatility

Gold likely to hold ground; silver braces for volatility

Rediff.com8 Feb 2026

Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

Gold price can hit $6,200/oz: UBS

Gold price can hit $6,200/oz: UBS

Rediff.com6 Feb 2026

The bull-market in gold is not yet over and prices can rise to $6,200 an ounce (oz) by mid-2026, up nearly 25 per cent from current levels, according to UBS.