Search results for 'financial impact'

Bhabhiji Ghar Par Hain's Shilpa Shinde Responds To Fake Sexual Claim

Bhabhiji Ghar Par Hain's Shilpa Shinde Responds To Fake Sexual Claim

Rediff.com4 Jun 2026

Television actress Shilpa Shinde addressed the ongoing backlash surrounding her Bhabiji Ghar Par Hain sexual harassment row, alleging a 'paid PR' campaign is behind the criticism.

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.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

Why India Is Set To Spearhead Global AI Deployment

Why India Is Set To Spearhead Global AI Deployment

Rediff.com27 May 2026

A senior Microsoft executive says India is uniquely positioned to lead the next phase of global AI deployment, driven by a massive developer base, rapid enterprise adoption, and robust digital public infrastructure.

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

$10 Million Prize For Breaking Usain Bolt's 100m World Record At Enhanced Games

$10 Million Prize For Breaking Usain Bolt's 100m World Record At Enhanced Games

Rediff.com28 May 2026

The Enhanced Games, a controversial competition that permits performance-enhancing substances, has announced a $10 million bonus for any athlete who breaks Usain Bolt's 100-metre world record at their 2027 event.

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com20 May 2026

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

Aita Promises Player-Centric Approach, Transparent System

Aita Promises Player-Centric Approach, Transparent System

Rediff.com29 May 2026

The All India Tennis Association (AITA) leadership, led by President Chintan Parikh and Secretary General Sunder Iyer, has pledged to prioritise player welfare, transparent governance, and athlete representation if given a full term. They aim to transform Indian tennis by addressing past administrative issues and fostering a player-centric environment.

Better execution can push up HAL stock to higher altitude

Better execution can push up HAL stock to higher altitude

Rediff.com27 May 2026

Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.

Women voters shift away from TMC despite welfare push

Women voters shift away from TMC despite welfare push

Rediff.com5 May 2026

Women voters in West Bengal appear to be shifting their priorities beyond financial assistance, placing greater emphasis on governance and accountability, according to post-election analysis. This shift may have contributed to the Trinamool Congress's (TMC) losses in the recent assembly election, as the BJP's promises and other factors influenced voter sentiment.

Ahmedabad plane crash: One year later, grief and fear persist

Ahmedabad plane crash: One year later, grief and fear persist

Rediff.com9 Jun 2026

One year after the devastating AI 171 plane crash in Ahmedabad, the profound grief and lasting trauma continue to haunt the victims' families and eyewitnesses, many of whom still struggle with a deep-seated fear of flying and the indelible scars of their loss.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

Why ISL Clubs Are Reviewing Their Commitment

Why ISL Clubs Are Reviewing Their Commitment

Rediff.com23 May 2026

Several Indian Super League (ISL) clubs have hinted at uncertainty regarding their participation in the 2026-27 season due to ongoing issues surrounding the domestic top-tier competition. The clubs are reviewing their commitment beyond the current season amid disagreements with the AIFF over commercial partnerships and league structure.

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

Rediff.com1 Jun 2026

Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Anthropic Study: AI Impact on Hiring of Younger Workers

Anthropic Study: AI Impact on Hiring of Younger Workers

Rediff.com6 Mar 2026

A new study by AI firm Anthropic reveals that while AI hasn't caused widespread unemployment, it has slowed hiring for younger workers in AI-exposed roles. The study also highlights the gap between AI's theoretical capabilities and actual deployment, and the ongoing conflict between Anthropic and the US government over AI weaponisation.

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.

Virat Kohli Leads IPL Earnings, KKR Tops Franchise Valuations

Virat Kohli Leads IPL Earnings, KKR Tops Franchise Valuations

Rediff.com19 May 2026

Virat Kohli has emerged as the highest earner in IPL history, grossing Rs 230 crore. Kolkata Knight Riders leads franchise valuations at over Rs 19,200 crore. The average IPL team valuation is projected to jump to USD 15 billion by 2032.

Maha: Firefighter, guard killed in Thane vegetable market blaze

Maha: Firefighter, guard killed in Thane vegetable market blaze

Rediff.com21 May 2026

A firefighter and a security guard died, and two firefighters were injured, in a major fire at a vegetable market near Thane railway station. The blaze destroyed 155 stalls, prompting investigations and financial aid for victims' families.

How Kapil Dev Is Transforming Indian Golf

How Kapil Dev Is Transforming Indian Golf

Rediff.com27 May 2026

Kapil Dev's efforts to attract sponsors and increase prize money in Indian golf are creating better opportunities for players to qualify for the Olympics and compete globally, according to DP World PGTI CEO Amandeep Johl.

Election over, petrol, diesel prices hiked by Rs 3/litre

Election over, petrol, diesel prices hiked by Rs 3/litre

Rediff.com15 May 2026

Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.

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).

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

Why Sea Chokepoints Have Become The New Battleground

Why Sea Chokepoints Have Become The New Battleground

Rediff.com2 Jun 2026

If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

Jameel Khan: 'I Turned Down Gullak Because...'

Jameel Khan: 'I Turned Down Gullak Because...'

Rediff.com8 Jun 2026

'The role was of a father, which was a bit unflattering. I thought I would get typecast with this show.' 'Today, after doing five seasons, I feel extremely lucky that I did it.'

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

Interstate Cyber Fraud Syndicate Busted: Five Arrested in Delhi

Interstate Cyber Fraud Syndicate Busted: Five Arrested in Delhi

Rediff.com12 Apr 2026

Delhi Police have arrested five individuals for allegedly running an interstate cyber fraud syndicate that used mule bank accounts to launder money across India and abroad. The investigation revealed links to international handlers and the use of cryptocurrency to route funds.

Medical Tourism Revenues Grow Despite Conflicts

Medical Tourism Revenues Grow Despite Conflicts

Rediff.com26 May 2026

While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.

King's College Offers Rs 6.44 Lakh Grant For Indian Students Only

King's College Offers Rs 6.44 Lakh Grant For Indian Students Only

Rediff.com22 May 2026

The University of Gloucestershire is looking for international student-athletes for funded study and training opportunities in the UK.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

Rediff.com22 May 2026

ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.

How A Punjab Football Academy Is Combating Drug Abuse

How A Punjab Football Academy Is Combating Drug Abuse

Rediff.com23 May 2026

A grassroots football academy in Punjab is using football to combat drug abuse and develop young talent, addressing key issues in Indian football's grassroots development.

Massive Fake Degree Racket Uncovered In Kanpur

Massive Fake Degree Racket Uncovered In Kanpur

Rediff.com18 May 2026

Kanpur police have exposed a large-scale fake degree racket, arresting two individuals allegedly involved in supplying forged educational documents across multiple states. The operation uncovered fake marksheets, migration certificates, and degrees from various universities, raising concerns about the integrity of academic credentials and potential implications for employment and admissions.