The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.
The Enforcement Directorate has attached assets worth 159 crore in connection with a money laundering investigation related to illegal coal mining in West Bengal. The case involves alleged pilferage and implicates various entities, including the political consultancy firm I-PAC.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."
Bernstein brokerage firm maintains 'Outperform' rating for Paytm, stating the PPBL licence cancellation will not impact Paytm's business and may open new regulatory opportunities.
'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions
Finance Minister Nirmala Sitharaman on Sunday said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment scheme.
UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.
A Delhi court has granted transit remand to Telangana Police for two Delhi-based bank employees arrested in connection with a cyber fraud targeting a retired doctor in Hyderabad.
As Priyanka Chopra Jonas returns as the debonair spy Nadia in Citadel Season 2, we take look at how her Hollywood projects stack up against each other from underwhelming to standout.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
The University of Liverpool and the Indian Institute of Science (IISc) have established a joint seed fund to promote research and innovation collaborations in areas such as AI, biomedicine, quantum technology, and space.
Nine workers were killed in an attack by militants on a copper and gold mine site in Pakistan's Balochistan province.
A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.
The Securities and Exchange Board of India (Sebi) has significantly reduced the number of draft offer documents returned or rejected, dropping from 17 in FY25 to just two in FY26, thanks to a more facilitative and engagement-first regulatory approach.
Hyderabad Police have dismantled a pan-India cyber fraud network, arresting 52 individuals across nine states in 'Operation Octopus 2.0'. The operation targeted bank officials, mule account holders, and middlemen involved in facilitating cyber frauds.
The Badminton World Federation (BWF) has approved the adoption of the 3x15 scoring system at its Annual General Meeting in Horsen, Denmark. The new system is set to take effect on January 4, 2027.
'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'
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.
A new report suggests that blending 20 per cent dimethyl ether (DME) with LPG could significantly reduce India's LPG imports, leading to substantial savings in foreign exchange.
Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.
India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.
Four individuals, including two women, have been arrested in Indore for allegedly kidnapping two children and demanding a ransom of Rs 15 lakh. The children were lured with the promise of pets and later rescued by the police.
US-based Redwood Software has inaugurated its global centre in Hyderabad, designating it as its primary operational location. The centre will focus on AI-powered automation and aims to enhance Redwood's ability to manage operations across hybrid IT environments. Redwood plans to hire over 300 new employees by the end of 2027.
Net inflows into equity mutual fund schemes moderated in FY26, falling by 27 per cent to about 3 trillion till February, as choppy markets and global uncertainties prompted investors to shift towards safer options like hybrid funds and gold ETFs.
'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'
As industrial plants boost the village's profile, locals demand priority hiring, alongside better storage facilities and water security.
Indian airports are rapidly becoming a significant growth avenue for the country's retail sector, with brands across various consumer segments actively opening stores to tap into the increasing number of flyers and strong domestic tourism momentum.
Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.
'The Atomic Energy Commission has approved the FDI policy and it is going in for ministerial consultations.'
Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 38.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
Delhi Police have dismantled a cyber fraud syndicate involved in providing mule bank accounts, arresting 14 individuals across multiple locations. The syndicate allegedly supplied bank accounts, SIM cards, and ATM cards to fraudsters running fake investment schemes and online job scams, laundering the proceeds through these accounts.
American tennis player Learner Tien discusses the importance of financial awareness and planning for life after tennis, highlighting a growing trend among athletes to broaden their horizons beyond their primary careers.
The Enforcement Directorate conducted fresh searches against entities being probed in connection with the money laundering case against Kolkata-based real estate company Merlin Group and others. The action follows previous raids on April 8 and focuses on alleged financial links between the company and West Bengal politicians and officials.
Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.
A 35-year-old bank employee in Delhi has been arrested for allegedly facilitating a cyber fraud racket by opening a bank account using forged documents. The employee misused his position to help fraudsters siphon off money through a fake account, which was part of a larger scheme involving fake investment offers on social media.
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