Search results for 'New Bank'

Indian Equities Decline for Second Day, IT Sector Drags Market

Indian Equities Decline for Second Day, IT Sector Drags Market

Rediff.com30 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.

Should You Buy 30-Year Government Bonds?

Should You Buy 30-Year Government Bonds?

Rediff.com14 Jul 2026

Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.

Had no role in daily donation collection at Ram Temple: Trust treasurer

Had no role in daily donation collection at Ram Temple: Trust treasurer

Rediff.com5 Jul 2026

Under the lens over serious lapses in the donation management system at the Ram Mandir in Ayodhya, the treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, Govind Dev Giri, has said that all audit reports were "safe" and that he had no role in the daily donation collection process at the temple.

'Methyl Isocyanate of law': SC flags AI-hallucinated judgments

'Methyl Isocyanate of law': SC flags AI-hallucinated judgments

Rediff.com2 Jul 2026

The Supreme Court of India has issued a strong warning against the use of "non-existent, fake, and hallucinated" judgements generated by artificial intelligence (AI), likening it to "the release of methyl Isocyanate in the province of law and justice: invisible, insidious, and catastrophic." The court set aside an NCLT verdict that relied on such AI-generated precedents.

Croatia bank on Modric for one last World Cup push

Croatia bank on Modric for one last World Cup push

Rediff.com9 Jun 2026

Luka Modric is expected to lead Croatia at what could be his final World Cup as Zlatko Dalic's side aim to continue their remarkable record of success on football's biggest stage despite fitness concerns over their captain.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

Fear grips Ram Temple donation counting staffers as 50% quit amid probe

Fear grips Ram Temple donation counting staffers as 50% quit amid probe

Rediff.com10 Jul 2026

Over half of the employees engaged in counting donations at the Ram temple have resigned amid the ongoing investigation into the alleged embezzlement of offerings, reducing the strength of counting personnel to just around a dozen, sources said on Friday.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Rediff.com8 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, driven by renewed tensions between the US and Iran and a subsequent spike in global crude oil prices, creating uncertainty in the market. Track Sensex, Nifty on July 8.

Should You Buy The Nothing Phone (4b)?

Should You Buy The Nothing Phone (4b)?

Rediff.com8 Jul 2026

Nothing has expanded its smartphone portfolio with the launch of the Nothing Phone (4b), a feature-packed mid-range handset that combines a Snapdragon processor, a large 6,000mAh battery, dual rear cameras and the brand's signature Glyph Bar design.

Ex-Bank Employees Arrested In Gurugram Loan Fraud Case

Ex-Bank Employees Arrested In Gurugram Loan Fraud Case

Rediff.com27 Apr 2026

Gurugram Police have arrested two former bank employees for allegedly fraudulently obtaining loans by accessing data of pre-approved accounts.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Rediff.com30 Apr 2026

Aditya Puri is one of the cleanest examples we have, in Indian corporate history, of a leader who understood early that the measure of his work was not what happened while he was in the chair. It was what would keep happening when he was no longer there, says Suresh M K.

Oppo Reno 16: Price, Features...

Oppo Reno 16: Price, Features...

Rediff.com7 Jul 2026

This series of smartphones will be available for purchase from July 9 through Amazon, Flipkart and Oppo India's online store. Buyers can choose from three eye-catching finishes, Starry White, Stellar Purple and Twilight Violet.

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

Rediff.com14 Jul 2026

Argentina and England are set to clash in a World Cup semi-final, marking their first such encounter, a match deeply rooted in decades of historical and footballing rivalry, including infamous incidents involving Antonio Rattin, Diego Maradona's 'Hand of God' goal, and the Falklands War.

Global Markets Reel as US-Iran Tensions Escalate, Crude Oil Prices Jump

Global Markets Reel as US-Iran Tensions Escalate, Crude Oil Prices Jump

Rediff.com8 Jul 2026

Indian equity benchmark indices Sensex and Nifty plummeted over 2 per cent following US President Donald Trump's declaration that the interim agreement with Iran is 'over', which led to a sharp rally in crude oil prices and heightened geopolitical tensions.

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Rediff.com7 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed lower due to profit-taking after a four-day rally, influenced by weakness in Asian markets, with Trent shares tumbling over 12 per cent.

Why FPI Selling Hasn't Hurt Markets

Why FPI Selling Hasn't Hurt Markets

Rediff.com13 Jul 2026

Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.

Dhanush Turns Bank Robber In Kara

Dhanush Turns Bank Robber In Kara

Rediff.com20 Apr 2026

Dhanush takes on the role of a desperate bank robber in the newly released trailer for Kara, a Vignesh Raja directorial set against the tumultuous economic backdrop of the 1991 Gulf War, promising an intense action drama.

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

Rediff.com4 Jul 2026

Mexico will bid to continue their remarkable World Cup run when they face England in the last 16 on Sunday, with Javier Aguirre's side standing one victory away from a first quarter-final appearance in 40 years.

Telangana: Bank Managers Arrested For Siphoning Off Crores

Telangana: Bank Managers Arrested For Siphoning Off Crores

Rediff.com21 Apr 2026

Four individuals, including two bank managers, have been arrested in Telangana for allegedly siphoning off Rs 2.65 crore from a state-owned bank branch in Nalgonda district.

Sensex drops 370 points on renewed geopolitical tensions

Sensex drops 370 points on renewed geopolitical tensions

Rediff.com29 Jun 2026

Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

Satluj Review: Brave Political Drama

Satluj Review: Brave Political Drama

Rediff.com6 Jul 2026

Satluj is a chilling reminder of what happens when a state is allowed to become judge, jury and executioner, asserts Sreeju Sudhakaran.

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

Rediff.com10 Jul 2026

SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.

School Teacher Loses Lakhs In Rare Bank Note Scam

School Teacher Loses Lakhs In Rare Bank Note Scam

Rediff.com30 Apr 2026

A school teacher in Ajmer was defrauded of Rs 3.66 lakh by cyber criminals who lured her with a fake online offer to buy a rare Rs 5 note for Rs 48 lakh.

FIFA WC: Mbappe hugs Dembele as France prepare for Morocco

FIFA WC: Mbappe hugs Dembele as France prepare for Morocco

Rediff.com8 Jul 2026

Kylian Mbappe and Ousmane Dembele shared a warm embrace in France training ahead of the FIFA World Cup quarter-final against Morocco, easing rumours of tension as Les Bleus chase another semi-final appearance.

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Rediff.com1 Jul 2026

Pakistan's Deputy Prime Minister Ishaq Dar stated that the Indus Waters Treaty remains valid and binding, rejecting India's decision to revoke it following a terror attack. He emphasised the treaty's role in regional peace and warned of "profound consequences" if Pakistan is deprived of its allocated waters. PPP chief Bilawal Bhutto Zardari also proposed an international convention against the weaponisation of waterways.

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Rediff.com2 Jul 2026

Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.

Why Rhea Chakraborty's Bank Accounts Were Defrozen

Why Rhea Chakraborty's Bank Accounts Were Defrozen

Rediff.com27 Apr 2026

A special court in Mumbai has ordered the defreezing of the bank accounts of actor Rhea Chakraborty and her brother, who were accused in a drugs case, citing the NCB's failure to follow procedural requirements under the NDPS Act.

India's forex reserves rise by 963 mn to $672.59 billion

India's forex reserves rise by 963 mn to $672.59 billion

Rediff.com26 Jun 2026

India's foreign exchange reserves saw an increase of USD 963 million, reaching USD 672.587 billion for the week ending June 19, as reported by the RBI. This rise follows a previous week's drop. While foreign currency assets decreased, the value of gold reserves significantly increased, contributing to the overall growth.

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

Rediff.com1 Jul 2026

Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.

How To Protect Yourself From Online Dark Patterns

How To Protect Yourself From Online Dark Patterns

Rediff.com29 Jun 2026

'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'

Q1 PSU Stake Sales Beat FY26 Divestment Total

Q1 PSU Stake Sales Beat FY26 Divestment Total

Rediff.com3 Jul 2026

Divestment has emerged as a priority for the government following a moderation in direct tax collections.

Actor Rajpal Yadav gets 3 months jail in cheque-bounce cases

Actor Rajpal Yadav gets 3 months jail in cheque-bounce cases

Rediff.com10 Jul 2026

The Delhi High Court has upheld actor Rajpal Yadav's conviction in multiple cheque-bounce cases, sentencing him to three months' imprisonment and ordering him to pay over Rs 1 crore to the complainant in each of the seven complaints, with Rs 2 crore already paid to be adjusted.

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Rediff.com30 Apr 2026

Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.