Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.
The Odisha Vigilance has arrested Baikuntha Nath Behera, an assistant executive engineer, for possessing disproportionate assets worth crores, including over Rs 2 crore in cash, multiple properties, and gold jewellery. The arrest followed raids that uncovered extensive wealth, with some lockers yet to be opened.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
A peace deal between the US and Iran, set to be signed in Geneva, faces significant hurdles over the release of Iran's USD 12 billion in frozen assets, with conflicting reports from both sides on the conditions for their release.
Himachal Pradesh Police have frozen assets worth Rs 1.13 crore belonging to major drug peddlers in two separate cases registered in the Shimla district.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
A Delhi court has ordered the framing of money laundering charges against former railway minister Lalu Prasad Yadav, his wife Rabri Devi, son Tejashwi Yadav, and six others in the alleged IRCTC hotel scam. The court found strong suspicion of a manipulated tender for railway hotels and a quid pro quo involving land transfer at undervalued rates.
Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.
The Odisha Vigilance Department has uncovered assets worth crores of rupees, including over Rs 2 crore in cash, multiple properties, and gold, during raids on an assistant executive engineer. The engineer, Baikuntha Nath Behera, is under investigation for disproportionate assets. Separately, a lineman was arrested for accepting a bribe.
Iran's Islamic Revolutionary Guard Corps (IRGC) claims to have captured a US unmanned submersible near the Strait of Hormuz and launched ballistic missile strikes against a US airbase in Jordan and two US Navy destroyers. These actions are stated as retaliation for recent US attacks on Iranian oil tankers. The US Central Command (CENTCOM) had previously reported destroying Iranian crude oil carriers after IRGC missile attacks on US warships. The escalating tensions have led to regional air defence activations and warnings to tanker crews.
'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'
rediffGURU Nagarajan JSK, a career counsellor with over 30 years of experience, addressed readers' queries and offered practical advice on how to make the right decision.
A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.
Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year.
India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth.
'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'
Kris Srikkanth backs 15-year-old Vaibhav Sooryavanshi to become a world cricket superstar, citing his fearless batting, Duleep Trophy heroics, IPL dominance and potential across all three formats.
Lokayukta police in Indore raided the premises of Women and Child Development Department Joint Director Laxminarayan Kandwal, uncovering assets worth approximately Rs 9.5 crore, nearly four times his total salary over 30 years of service. The raids followed a complaint of disproportionate assets, leading to a case registered under the Prevention of Corruption Act.
India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.
The Indian Coast Guard ship Varad successfully brought two Chinese survivors of a sunken Panama-flagged bulk carrier to Paradip, Odisha. The MV Ocean Winner, carrying 24 crew members, sank in the Bay of Bengal on August 22. Coordinated sea and air search operations are ongoing to locate the remaining missing crew members.
Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
Ravindra Jadeja's rare ability to influence matches with bat, ball and outstanding fielding has earned him Geoffrey Boycott's admiration, placing the Indian veteran above several modern batting greats.
Today, many investors are less concerned about holding bullion physically. What matters more is gaining exposure to price movements. As a result, the new-age investment trend has shifted more towards ETFs.
The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.
Novak Djokovic is aiming for a record 25th Grand Slam title at the U.S. Open, but recent physical struggles, particularly in high heat and humidity, raise questions about his ability to endure the demanding tournament. Despite his experience, the 39-year-old faces a challenging field and needs to manage his energy carefully to achieve his historic goal.
The Anti-Corruption Bureau (ACB) has registered a case of Disproportionate Assets against suspended Additional Superintendent of Police N Bhujanga Rao in Hyderabad. Searches at his properties and associates' places revealed assets valued at over Rs 5.92 crore, including agricultural land, plots, houses, cash, bank balances, gold, and cars. Rao is also implicated in a "phone tapping" case from the previous BRS regime.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Examine the complete title chain to establish how the present owner acquired the property.
US President Donald Trump on Friday (local time) said the United States could "hit" Iran's heavily fortified underground nuclear site known as Pickaxe Mountain "very soon", days after Washington targeted Iranian military targets.
"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
The Delhi High Court has dismissed a Public Interest Litigation (PIL) challenging the closure of Visakhapatnam Airport for commercial flights, directing the petitioner to approach the Andhra Pradesh High Court instead. The court cited "forum non conveniens," stating that the primary impact and cause of action lie in Visakhapatnam, where a similar PIL is already pending. The petitioner argued that the decision to close the existing airport for 30 years, transferring operations to a new airport 60 km away, was arbitrary and wasted public funds.
Gold prices in India extended their losing streak, falling by Rs 1,500 to Rs 1,60,900 per 10 grams, influenced by hawkish remarks from Federal Reserve Chair Kevin Warsh and rising oil prices, which have increased expectations of an interest rate hike.
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
Rajasthan Police in Pratapgarh has frozen assets worth approximately Rs 80 lakh belonging to an alleged drug trafficker, Asad Iqbal, under the SAFEMA and NDPS Act. The action, part of 'Operation Trinetra', followed a financial investigation into his illegal earnings from inter-state drug trafficking, after his arrest for opium possession.
