Search results for 'Financials'

Have Foreign Investors Lost Faith in India?

Have Foreign Investors Lost Faith in India?

Rediff.com4 days ago

Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Rediff.com4 days ago

Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.

PAYD Motor Insurance: Is It Worth It?

PAYD Motor Insurance: Is It Worth It?

Rediff.com16 Sep 2026

PAYD suits infrequent drivers who can estimate annual mileage.

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

Rediff.com4 days ago

India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.

Mental Fortitude Propels Nikhil Singh To Ladakh Marathon Victory

Mental Fortitude Propels Nikhil Singh To Ladakh Marathon Victory

Rediff.com13 Sep 2026

Nikhil Singh, an Indian elite runner from Mumbai, unexpectedly won the high-altitude Ladakh Marathon, attributing his success to mental strength and strategy.

Nandan Nilekani calls for population-scale tokenisation infrastructure in India

Nandan Nilekani calls for population-scale tokenisation infrastructure in India

Rediff.com11 Sep 2026

Infosys Chairman Nandan Nilekani stressed the need for India to develop population-scale tokenisation infrastructure capable of handling billions of transactions, rather than merely focusing on issuing tokens. He highlighted the importance of interoperability, liquidity, and high volumes for tokenisation to expand across various asset classes and use cases.

Probe Into Granite Baron POCSO Case Uncovers More Victims

Probe Into Granite Baron POCSO Case Uncovers More Victims

Rediff.com18 Sep 2026

The ongoing police investigation into the POCSO case against granite baron R Veeramani has led to the identification of multiple survivors, many of whom were minors and from economically underprivileged backgrounds when allegedly assaulted. Charges under the SC/ST (Prevention of Atrocities) Act have been added, and Veeramani has been granted three days police custody for questioning within the prison due to his age and health.

IIT grad, bank manager among 6 held for 'digital arrest' scam

IIT grad, bank manager among 6 held for 'digital arrest' scam

Rediff.com18 Sep 2026

Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

Rediff.com15 Sep 2026

The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

Rediff.com9 Sep 2026

PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.

Police Uncover Decades Of Abuse In Veeramani POCSO Case

Police Uncover Decades Of Abuse In Veeramani POCSO Case

Rediff.com7 days ago

The Central Crime Branch in Chennai has uncovered evidence suggesting that granite businessman R Veeramani's alleged sexual harassment of minors may span over two decades, predating 2003. The investigation, which began with a 2019 video clip, has identified multiple survivors, leading to charges under the POCSO Act, IT Act, and SC/ST Act against Veeramani and two accomplices. The Child Welfare Committee is also monitoring the case for further action.

FMCG firms to hold prices through festive season despite rising commodity costs

FMCG firms to hold prices through festive season despite rising commodity costs

Rediff.com6 days ago

Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Rediff.com18 Sep 2026

The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.

Why Petrol Dealers Oppose UPI Fee

Why Petrol Dealers Oppose UPI Fee

Rediff.com18 Sep 2026

Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com17 Sep 2026

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

EPF Ceiling Hike: Who Pays More?

EPF Ceiling Hike: Who Pays More?

Rediff.com4 days ago

EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.

Noel Tata tables Rs 25K cr SP group stake buyout proposal

Noel Tata tables Rs 25K cr SP group stake buyout proposal

Rediff.com18 Sep 2026

Noel Tata, chairman of Tata Trusts, has presented a proposal for the Shapoorji Pallonji (SP) group to sell its 18.37 per cent stake in Tata Sons for approximately 25,000 crore, aiming to address the SP group's liquidity needs without a public listing of Tata Sons.

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

Kylian Mbappe leaves Nike, signs with Swiss sportswear On

Kylian Mbappe leaves Nike, signs with Swiss sportswear On

Rediff.com7 days ago

French football superstar Kylian Mbappe has ended his long-standing partnership with Nike to join the rapidly expanding Swiss sportswear brand On, a move that provides On with a high-profile figure for its entry into football and marks another significant defection for the US giant.

Indian Markets Rebound: Sensex, Nifty Up Despite High Crude Oil, Geopolitical Tensions

Indian Markets Rebound: Sensex, Nifty Up Despite High Crude Oil, Geopolitical Tensions

Rediff.com10 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.

10 CV Tips To Get Hired

10 CV Tips To Get Hired

Rediff.com18 Sep 2026

Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.

Neighbour Arrested In Bengaluru Boy's Abduction And Murder Case

Neighbour Arrested In Bengaluru Boy's Abduction And Murder Case

Rediff.com7 days ago

A 13-year-old boy in Bengaluru was allegedly abducted and murdered by his 28-year-old neighbour, Bhaskar Reddy, as part of a ransom plot to repay a debt. Reddy, who recently returned from London, was arrested after his car, containing the boy's body, crashed, leading passers-by to alert the police. Authorities are now searching for an accomplice.

Student suicide: IIT-B apologises, suspends dean; director to stay

Student suicide: IIT-B apologises, suspends dean; director to stay

Rediff.com5 days ago

IIT Bombay has removed Suryanarayana Doolla, Dean of Administrative Affairs, from his post and issued a public apology following the death by suicide of 22-year-old student Sahil Wakode, who his parents allege faced caste-based discrimination.

LIC Scholarship Class 10, Class 12 Students: Get Upto Rs 50,000

LIC Scholarship Class 10, Class 12 Students: Get Upto Rs 50,000

Rediff.com10 Sep 2026

The LIC Golden Jubilee Scholarship Scheme is offered by the LIC Golden Jubilee Foundation aims to support meritorious students from economically weaker sections by providing financial assistance for higher education and improving their future employment opportunities.

Tata Sons listing looms after RBI rejects plea on NBFC status

Tata Sons listing looms after RBI rejects plea on NBFC status

Rediff.com12 Sep 2026

The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.

OMCs Lose Rs 5 Per Litre On Petrol, Rs 23 On Diesel

OMCs Lose Rs 5 Per Litre On Petrol, Rs 23 On Diesel

Rediff.com12 Sep 2026

'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'

'Not looking to sell the game to India': Cricket Australia allows private investment in Big Bash League

'Not looking to sell the game to India': Cricket Australia allows private investment in Big Bash League

Rediff.com8 Sep 2026

Cricket Australia has announced that private investment will be introduced into the Big Bash League (BBL) from the 2027-28 season, beginning with the sale of the Melbourne Renegades T20 franchise, a move aimed at strengthening the league's long-term future and boosting finances.

Ladakh groups to launch massive stir for statehood in Kargil on Sep 20

Ladakh groups to launch massive stir for statehood in Kargil on Sep 20

Rediff.com15 Sep 2026

The Kargil Democratic Alliance (KDA) announced a major protest rally in Kargil on September 20, demanding justice for victims of police firing in Leh last year and protesting the central government's perceived lack of seriousness in talks regarding Ladakh's demands. The KDA, along with the Leh Apex Body (LAB), rejected the compensation offered by the Lieutenant Governor as inadequate and called for the withdrawal of all cases against arrested protesters. They criticised the recent talks with the Ministry of Home Affairs as "unproductive" and reiterated their demands for statehood and the extension of the Sixth Schedule to Ladakh.

Crisis deepens in Pakistan cricket as Rizwan, Imam face inquiry over dressing-room leaks

Crisis deepens in Pakistan cricket as Rizwan, Imam face inquiry over dressing-room leaks

Rediff.com11 Sep 2026

Pakistan's National Cyber Crime Investigation Agency (NCCIA) has launched an inquiry into alleged dressing-room leaks involving senior players Mohammad Rizwan and Imam ul Haq. This follows a complaint from the Pakistan Cricket Board (PCB) amidst disciplinary issues during a Test tour of England. The players' phones have been handed over, and they have requested more time to respond to queries.

Modern Marriage: 'We Don't Compete With Each Other'

Modern Marriage: 'We Don't Compete With Each Other'

Rediff.com16 Sep 2026

'The biggest difference between our marriage and that of our parents' generation is not simply that times have changed. It is that modern marriages require two people to continuously understand, support and adapt to each other while navigating a much more demanding world,' says Rahul Kulkarni.

BJP to leverage BRICS Summit success in poll campaigns

BJP to leverage BRICS Summit success in poll campaigns

Rediff.com14 Sep 2026

The successful hosting of the 18th BRICS summit in New Delhi has provided a significant boost to the BJP, offering a timely opportunity to strengthen its narrative against the opposition ahead of crucial assembly elections next year. BJP sources highlight the BRICS grouping's strong condemnation of the Pahalgam terror attack and the consensus declaration as major diplomatic victories for the Modi government, countering criticisms of its foreign policy. The party plans to leverage these outcomes during its month-long Seva Sankalp campaign to connect with various sections of society.

BCCI office-bearers authorised to take call on Ajit Agarkar's future

BCCI office-bearers "authorised" to take call on Ajit Agarkar's future

Rediff.com18 Sep 2026

The BCCI's member units have authorised office-bearers to make a decision regarding the extension of chief selector Ajit Agarkar's contract, which is set to expire early next month, and to fill vacancies in the junior selection committee.

How Meta's Offer Will Nail Child Sex Abuse Offenders

How Meta's Offer Will Nail Child Sex Abuse Offenders

Rediff.com16 Sep 2026

'Details of accounts such as the name, email id associated with the account, the IP address will now be shared with law enforcement agencies, which will help track down offenders faster.'

Defence Commanders Get Bigger Financial Powers

Defence Commanders Get Bigger Financial Powers

Rediff.com5 Jun 2026

Army, Navy and Air Force commanders received enhanced powers to address urgent operational requirements quickly.

India on watch as Trump may sign Russia sanctions bill today

India on watch as Trump may sign Russia sanctions bill today

Rediff.com19 Sep 2026

US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.

3 held for anti-BRICS graffiti, Pannun link under probe

3 held for anti-BRICS graffiti, Pannun link under probe

Rediff.com12 Sep 2026

Delhi Police have arrested three men from Punjab for allegedly painting pro-Khalistan and anti-BRICS slogans near the Singhu border. The arrests were made at the behest of designated terrorist Gurpatwant Singh Pannun, chief of the banned Sikhs for Justice (SFJ). One of the accused, Preetpal, previously arrested for similar activities, is suspected to be SFJ's operational head in India and is being investigated for foreign funding and links to terror operatives.

After weeks of lull, heavy rains lash Mumbai; IMD predicts more showers

After weeks of lull, heavy rains lash Mumbai; IMD predicts more showers

Rediff.com13 Sep 2026

Mumbai experienced heavy rainfall after a prolonged dry spell, leading to waterlogging in some areas. The India Meteorological Department has warned of intense showers, thunderstorms, and gusty winds, along with forecasts for high and low tides.

Asian Games: Quimcy blows 1-set lead, still has bronze to chase

Asian Games: Quimcy blows 1-set lead, still has bronze to chase

Rediff.com7 days ago

Indian Teqball player Quimcy Dsouza lost her Asian Games women's singles semifinal to Indonesia's Sumaya in a gruelling three-game match. Despite a strong start, Dsouza, a former state-level footballer, was overcome by Sumaya's sepak takraw background. Dsouza will now compete in the bronze medal playoff, aiming for a podium finish in Teqball's debut at the Asian Games.

Quimcy D'Souza narrowly misses medal, but puts Indian teqball on world stage

Quimcy D'Souza narrowly misses medal, but puts Indian teqball on world stage

Rediff.com6 days ago

Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.