Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
Back when India moved slowly, every window seat came with a view, and every rail journey came with excess baggage - food, fears, family drama, points out Ajanta Krishnamurthy.
The number of individuals reporting a gross total income of 100 crore or more in their income tax returns has quadrupled to 576 in Assessment Year 2025-26, up from 142 in AY 2021-22, according to data shared in Parliament.
A Friendship Day tribute to an unexpected bond forged over work calls, voice notes, and years of unwavering support proving that the strongest friendships aren't always built in person.
At what age should society stop regulating life choices and allow people to make their own?
Two policemen, including one from the MP police special task force, have been arrested in Bhopal for allegedly luring and raping a 17-year-old Dalit girl. The main accused, Santosh Sen, is charged under POCSO and SC/ST Act, while his colleague, Jitendra Rajput, is accused of abetment.
India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.
Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.
The CEO said Saharashree was like a father to them. On his own wedding day, he touched Saharashree's feet before his parents'.
Many claim disputes arise not because the insurer refuses to pay but because policyholders don't know the claim process, miss important documents or misunderstand what their policy covers.
With political divisions dominating conversations, can couples with opposing views stay together?
The Calcutta high court has held that voter identity cards, Aadhaar and PAN cards are not conclusive proof of Indian citizenship.
Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.
Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
In a shocking incident Friday night, a Protection of Children from Sexual Offences Act accused allegedly killed a minor victim, her mother, and her grandmother under the Shabad police station limits in the Rangareddy district.
Indian benchmark indices, Sensex and Nifty, closed almost unchanged due to profit-taking in blue-chip stocks, geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends, despite cooling US inflation offering some support.
Whether you're politically active or simply an everyday internet user, these are ten digital traps worth understanding.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.
A 45-year-old anaesthetist, Dr. Kiran Honnannavar, was found stabbed to death in his Dharwad apartment, with his eight-year-old son also sustaining serious stab injuries. Police have taken his wife, Dr. Priya, into custody for questioning, suspecting a domestic dispute. A murder case has been registered, and investigations are ongoing.
'You never get chosen,' warns rediffGURU Anu Krishna, 'because he is fighting a battle outside.' 'It leads you to keep vacillating between, 'Should I be with him or leave him?''
The judgment is India's first to examine AI companies' use of copyrighted works for foundation models, setting an analytical framework for Section 52 of the Copyright Act.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
As they say some doors open because of who you know, and some, it turns out, open just because of where you're from, recalls Binu Alex.
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
The Internet only wants to sell you the winning part. The masterclass, the framework, the seven habits. Nobody sells you the story of losing.
Intimacy is not just physical, explains rediffGURU Anu Krishna.
Parliament was informed that UPI has onboarded 55.49 crore users by June 2026, with transactions reaching 24,162 crore in volume and Rs 314 lakh crore in value in FY 2025-26. The platform, operated by NPCI, is expanding internationally through NIPL, facilitating cross-border payments and assisting other nations in building similar systems. Significant efforts are also underway by the Government, RBI, and NPCI to enhance the security and transparency of UPI transactions, including risk-based limits, security frameworks, and public awareness campaigns against cyber-crime.
A Special Investigation Team (SIT) has reconstructed the crime scene of a rape and murder case in Baruipur, West Bengal, with the three arrested accused. Forensic experts collected new samples, and the reconstruction aimed to verify statements and corroborate evidence. This follows a previous incident where another accused was killed during a similar reconstruction. The Chief Minister has assured personal monitoring of the investigation, and four separate cases have been registered related to the incident and subsequent events.
At a function in Anand, ministers and the chief minister all in attendance, Varghese Kurien called the IAS lobby termites.
India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.
The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.
'Sometimes, two people can deeply care about each other, but circumstances can get in the way,' counsels rediffGURU Ravi Mittal, CEO of online dating website Quack Quack and Rebounce, a matrimony platform.
