Search results for 'assets'

Hizbul Mujahideen Linked Offender's Property Attached In Baramulla

Hizbul Mujahideen Linked Offender's Property Attached In Baramulla

Rediff.com16 May 2026

Authorities in Baramulla district have attached the property of Rasid-ud-Din Qureshi, a proclaimed offender linked to Hizbul Mujahideen who is currently operating from Pakistan. The attached property is a piece of land measuring two kanals in Lashdaej Nadihal.

Tulsi Gabbard resigns as Trump's intelligence chief. Here's why

Tulsi Gabbard resigns as Trump's intelligence chief. Here's why

Rediff.com23 May 2026

Tulsi Gabbard has resigned from her position as Director of National Intelligence to support her husband, Abraham Williams, who has been diagnosed with a rare form of bone cancer. Her resignation will take effect on June 30, with Aaron Lukas set to take over as acting intelligence chief.

Bank valuations slump despite stronger earnings growth

Bank valuations slump despite stronger earnings growth

Rediff.com26 May 2026

The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Why US Dropped Criminal Charges Against Gautam Adani

Why US Dropped Criminal Charges Against Gautam Adani

Rediff.com18 May 2026

The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.

Akasa Air Staff Arrested In Rs 2.58 Crore Gold Theft

Akasa Air Staff Arrested In Rs 2.58 Crore Gold Theft

Rediff.com22 May 2026

Eight people have been arrested in Ahmedabad for allegedly stealing 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment. The theft involved a pre-planned racket, with two Akasa Air employees among those arrested. The airline has terminated their services and is cooperating with the police investigation.

Enforcement Directorate To Target Crypto Frauds, Terror Financing

Enforcement Directorate To Target Crypto Frauds, Terror Financing

Rediff.com1 May 2026

The Enforcement Directorate (ED) is shifting its focus to emerging financial crimes such as cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to Director Rahul Navin. The agency reported a high conviction rate and significant asset restitution to victims of financial fraud.

US, Iran close in on 60-day truce deal; Hormuz reopening on cards

US, Iran close in on 60-day truce deal; Hormuz reopening on cards

Rediff.com24 May 2026

A high-stakes memorandum for a 60-day ceasefire between the United States and Iran is in its final stages, with negotiators working to close remaining gaps and avert further escalation in the region, including reopening of the Strait of Hormuz and the resumption of Iranian oil sales, according to an Axios report citing US officials.

SC urges Kapur family to settle RK Family Trust dispute through mediation

SC urges Kapur family to settle RK Family Trust dispute through mediation

Rediff.com14 May 2026

The Supreme Court has urged the Kapur family, including Rani Kapur and Priya Kapur, to resolve their dispute over the family trust through mediation, appointing a former Chief Justice to oversee the process.

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.

UCC Bill tabled in Assam; polygamy ban, live-in registration proposed

UCC Bill tabled in Assam; polygamy ban, live-in registration proposed

Rediff.com25 May 2026

The opposition parties, including Congress, Raijor Dal and Trinamool Congress, opposed the move and demanded wider consultation with all the stakeholders before its introduction.

Sebi May Allow Salary In MFs

Sebi May Allow Salary In MFs

Rediff.com21 May 2026

Investments under the framework would remain voluntary for employees.

IPL 2026: All-Rounder Archer Delivers Royal Masterclass!

IPL 2026: All-Rounder Archer Delivers Royal Masterclass!

Rediff.com25 May 2026

Much of the credit for Rajasthan Royals' qualification to the IPL 2026 playoffs goes to Jofra Archer.

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com17 May 2026

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rediff.com21 May 2026

The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.

Patidar, Bowlers shine as RCB Crush GT By 92 Runs To Storm Into IPL 2026 Final

Patidar, Bowlers shine as RCB Crush GT By 92 Runs To Storm Into IPL 2026 Final

Rediff.com27 May 2026

Rajat Patidar blasted an unbeaten 93 off 33 balls, before the bowlers ripped through Gujarat Titans' batting as Royal Challengers Bengaluru won Qualifier 1 to reach their second consecutive IPL final.

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.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Rediff.com20 May 2026

The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.

'INDIA Alliance Is Dead'

'INDIA Alliance Is Dead'

Rediff.com28 May 2026

'Congress needs a positive agenda rather than primarily picking up on two business houses.'

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Rediff.com15 May 2026

Hindustan Zinc Ltd (HZL) plans to generate 2,000 crore in value by implementing artificial intelligence-driven solutions across its mining and manufacturing operations. This initiative is part of a broader industry trend to adopt digital technologies for cost reduction, margin improvement, and enhanced environmental and social governance.

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Rediff.com18 Apr 2026

Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.

'A little bit of movement' seen in Iran peace talks: Marco Rubio

'A little bit of movement' seen in Iran peace talks: Marco Rubio

Rediff.com22 May 2026

US Secretary of State Marco Rubio said that discussions aimed at halting the conflict with Iran have shown "some slight progress," while simultaneously echoing Washington's dissatisfaction with its NATO allies.

Ready for 'negotiations with dignity': Iranian Prez

Ready for 'negotiations with dignity': Iranian Prez

Rediff.com11 May 2026

Iranian President Masoud Pezeshkian stated that Iran is considering various paths to address regional tensions, including negotiations conducted with dignity and authority, while emphasising that military gains should be reinforced through diplomacy.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

Bengal records 17% surge in 'red alert' seats ahead of 2026 polls

Bengal records 17% surge in 'red alert' seats ahead of 2026 polls

Rediff.com22 Apr 2026

A new report indicates a rise in 'red alert' constituencies in the West Bengal Assembly elections, with a significant number of candidates facing criminal charges.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

Small taxpayers get relief window for foreign asset disclosure

Small taxpayers get relief window for foreign asset disclosure

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs as she presented the Union Budget 2026-27.

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.

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

ED Unearths Crores In Chhattisgarh Liquor Scam Probe

ED Unearths Crores In Chhattisgarh Liquor Scam Probe

Rediff.com3 May 2026

The Enforcement Directorate (ED) seized cash and gold worth crores during searches related to the alleged Rs 2,800-crore Chhattisgarh liquor scam. The raids targeted liquor traders, chartered accountants, and corporate entities suspected of handling proceeds from the scam.

Over 100 MPs' assets grew by 110% between 2014-2024: ADR

Over 100 MPs' assets grew by 110% between 2014-2024: ADR

Rediff.com8 Jan 2026

A report by the Association for Democratic Reforms (ADR) reveals that 102 re-elected Members of Parliament experienced an average asset growth of over 100% between 2014 and 2024. The report highlights the MPs with the highest asset increases.

India's Forex Reserves Surge Past $703 Billion

India's Forex Reserves Surge Past $703 Billion

Rediff.com24 Apr 2026

India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).

No terror sanctuary is safe: India warns Pak on Op Sindoor anniv

No terror sanctuary is safe: India warns Pak on Op Sindoor anniv

Rediff.com7 May 2026

On the first anniversary of Operation Sindoor, the Indian military issued a stern warning to Pakistan, stating that no terror sanctuary across the border is safe and that India will continue to dismantle terrorist infrastructure.

Mission Sudarshan Chakra Action Plan Ready

Mission Sudarshan Chakra Action Plan Ready

Rediff.com19 May 2026

Under Mission Sudarshan Chakra, the country's national security shield is to be expanded by 2035 to ensure comprehensive protection of both strategic and civilian critical infrastructure.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com5 May 2026

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.