Search results for 'Finance'

After assembly revolt, TMC stares at rebellion in Parliament

After assembly revolt, TMC stares at rebellion in Parliament

Rediff.com6 Jun 2026

Veteran Rajya Sabha MP Sukhendu Sekhar Roy has suggested that the rebellion within the Trinamool Congress (TMC)'s legislative wing could extend to its Members of Parliament, following an unprecedented revolt by MLAs and the party's recent electoral defeat in West Bengal.

J-K Police Attach Properties Worth Rs 2 Cr Linked To Drug Trafficking

J-K Police Attach Properties Worth Rs 2 Cr Linked To Drug Trafficking

Rediff.com30 May 2026

Jammu and Kashmir police have attached properties worth approximately Rs 2 crore, allegedly acquired through proceeds from illicit narcotics trafficking, as part of the Nasha Mukt Jammu & Kashmir Abhiyan.

J-K Police Attach Properties Worth Rs 2 Crore In Anti-Drug Drive

J-K Police Attach Properties Worth Rs 2 Crore In Anti-Drug Drive

Rediff.com30 May 2026

Jammu and Kashmir police have attached properties worth approximately Rs 2 crore, allegedly acquired through proceeds from illicit narcotics trafficking, as part of the Nasha Mukt Jammu & Kashmir Abhiyan.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

No plans to sell temple gold, clarifies govt

No plans to sell temple gold, clarifies govt

Rediff.com19 May 2026

The government has refuted rumours of a monetisation scheme for gold held by temple trusts and religious institutions, clarifying that such claims are false and misleading.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com5 Jun 2026

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

Rediff.com30 May 2026

The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Rediff.com21 May 2026

Indian equity benchmark indices, Sensex and Nifty, ended marginally lower in a volatile trading session, surrendering early gains due to profit-taking in blue-chip stocks and persistent macroeconomic concerns, despite positive global cues.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

International Crypto Network With Terror Links Busted In Gujarat

International Crypto Network With Terror Links Busted In Gujarat

Rediff.com19 May 2026

The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

Rediff.com31 May 2026

Pakistan's ISI is reportedly pushing its network of Over Ground Workers (OGWs) in Jammu and Kashmir to infiltrate mainstream national political parties to evade security crackdowns and investigations. The ISI is also attempting to revive dormant, locally-founded terror outfits to give an 'indigenous colour' to terrorist violence and mask Pakistan's direct involvement.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

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.

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

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

Rediff.com30 May 2026

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.

'The Country Is In Stagnation'

'The Country Is In Stagnation'

Rediff.com4 Jun 2026

'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

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.

Kerala Government Increases ASHA Workers' Honorarium After Protests

Kerala Government Increases ASHA Workers' Honorarium After Protests

Rediff.com19 May 2026

Kerala's new government has increased the monthly honorarium for ASHA workers by Rs 3,000 following protests demanding better pay. The decision was made during the first Cabinet meeting, raising the honorarium to Rs 12,000. ASHA worker leaders have expressed gratitude while criticising the previous government's response to their demands.

Mumbai Airport: Gold Worth 3.15 Crore Seized From Passengers

Mumbai Airport: Gold Worth 3.15 Crore Seized From Passengers

Rediff.com11 May 2026

The Customs department seized gold worth Rs 3.15 crore from two passengers at Mumbai airport, including a finance professional smuggling gold due to US-Iran conflict concerns.

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

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

Rediff.com28 May 2026

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.

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Rediff.com28 May 2026

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.

Higher provisioning blurs Bajaj Finance outlook

Higher provisioning blurs Bajaj Finance outlook

Rediff.com5 Feb 2026

Brokerages were divided on Bajaj Finance after its 2025-26 (FY26) third-quarter (October-December/ Q3) results, with a few raising targets on valuation comfort, while others flagged concerns over the credit cost trajectory.

Delhi Police Bust Pakistan-Backed Terror Module: What It Means

Delhi Police Bust Pakistan-Backed Terror Module: What It Means

Rediff.com30 May 2026

Delhi Police have busted a Pakistan-backed ISI-underworld terror module, arresting eight suspected operatives planning attacks in Delhi, Mumbai, Punjab and Chandigarh.

Tata Sons board concludes meeting amid rising internal frictions

Tata Sons board concludes meeting amid rising internal frictions

Rediff.com26 May 2026

A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.

Middle East conflict: ICC's finance committee discussions to be held virtually

Middle East conflict: ICC's finance committee discussions to be held virtually

Rediff.com10 Mar 2026

The International Cricket Council (ICC) has cancelled its Board and committee meetings due to the ongoing military conflict in West Asia, according to a report by ESPNcricinfo on Tuesday.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com15 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Now, North, South Blocks to showcase 5,000 years of Indian history

Now, North, South Blocks to showcase 5,000 years of Indian history

Rediff.com31 May 2026

Work has commenced on restoring the North and South Blocks to their original design, paving the way for the Yuge Yugeen Bharat National Museum project, with a target completion date for the first phase set for 2028.

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

Himachal Pradesh Appoints Chief Secretary Despite Corruption Allegations

Himachal Pradesh Appoints Chief Secretary Despite Corruption Allegations

Rediff.com27 May 2026

Sanjay Gupta, a 1988-batch IAS officer, has been appointed as the chief secretary of Himachal Pradesh amidst allegations of corruption, sparking controversy and criticism from opposition parties.

Harsh Malhotra's appointment as Delhi BJP chief signals Cabinet reshuffle

Harsh Malhotra's appointment as Delhi BJP chief signals Cabinet reshuffle

Rediff.com29 May 2026

The Bharatiya Janata Party (BJP) has appointed Harsh Malhotra as the president of its Delhi unit, sparking speculation about an imminent reshuffle of the Union Council of Ministers. This move follows the BJP's 'one person, one post' principle and comes as the party prepares for upcoming elections and a review of ministerial performance.

CBI Raids Multiple Locations In Haryana Bank Scam Case

CBI Raids Multiple Locations In Haryana Bank Scam Case

Rediff.com15 May 2026

The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Rediff.com25 May 2026

Indian benchmark equity indices Sensex and Nifty surged in early trade, driven by a sharp correction in crude oil prices below USD 100 per barrel and a rally in global markets, fuelled by improving sentiment surrounding US-Iran negotiations.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

India, US strike landmark critical minerals deal amid China concerns

India, US strike landmark critical minerals deal amid China concerns

Rediff.com27 May 2026

A readout by the US said the agreement marked a milestone in the strategic partnership between the two nations to ensure that the foundational elements required for advanced technology and energy are available within trusted networks.

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Rediff.com22 May 2026

Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.

IIP basket gets a refresh: Rare earths in, kerosene out

IIP basket gets a refresh: Rare earths in, kerosene out

Rediff.com26 May 2026

The new Index of Industrial Production (IIP) series, which shifts the base year from 2011-12 to 2022-23 and is scheduled for release on June 1, will, for the first time, track rare earths and minor minerals, piped natural gas (PNG), and water supply, sewerage and waste management.