News for '-finance'

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Higher provisioning blurs Bajaj Finance outlook

Higher provisioning blurs Bajaj Finance outlook

Rediff.com5 Feb 2026

Brokerages were divided on Bajaj Finance after its 2025-26 (FY26) third-quarter (October-December/ Q3) results, with a few raising targets on valuation comfort, while others flagged concerns over the credit cost trajectory.

Sunetra Pawar gets 3 ministries, Fadnavis keeps finance

Sunetra Pawar gets 3 ministries, Fadnavis keeps finance

Rediff.com31 Jan 2026

Newly-appointed Maharashtra Deputy Chief Minister Sunetra Pawar has been allocated the portfolios of State Excise Duty, Sports and Youth Affairs and Minorities Development and Aukaf.

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.

$3 Billion a Week: The Cost of Israel's Iran War

$3 Billion a Week: The Cost of Israel's Iran War

Rediff.com4 days ago

The Israeli Finance Ministry has warned that the ongoing war with Iran could cost Israel an estimated NIS 9.4 billion (USD 3 billion approximately) per week under current restrictions on economic activities.

How Punjab is Winning the Fight Against Drug Trafficking

How Punjab is Winning the Fight Against Drug Trafficking

Rediff.com8 hours ago

Punjab's AAP government is aggressively tackling drug trafficking through strict enforcement, community involvement, and preventive education, resulting in significant arrests, seizures, and a high conviction rate.

India Adopts Balanced AI Regulatory Approach

India Adopts Balanced AI Regulatory Approach

Rediff.com6 days ago

An Indian AI Research Organisation official says India has adopted a balanced and pragmatic approach to AI regulation, avoiding the extremes of the US and EU models.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com7 days ago

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

EPFO Keeps EPF Interest Rate Unchanged at 8.25% for 2025-26

EPFO Keeps EPF Interest Rate Unchanged at 8.25% for 2025-26

Rediff.com7 days ago

The Employees' Provident Fund Organisation (EPFO) has decided to maintain the interest rate on employees' provident fund (EPF) deposits at 8.25 per cent for the fiscal year 2025-26, marking the second consecutive year at this rate.

Court Official Assaulted During Foreclosure

Court Official Assaulted During Foreclosure

Rediff.com6 days ago

A case has been registered against five people, including an 85-year-old man, for allegedly assaulting a woman court official during a flat foreclosure procedure in Thane, Maharashtra.

The Radhika Gupta Rediff Podcast The CEO Who Cried in a Boardroom. Then Built an Empire.

The Radhika Gupta Rediff Podcast The CEO Who Cried in a Boardroom. Then Built an Empire.

Rediff.com7 days ago

Meet Radhika Gupta, CEO and MD of Edelweiss Mutual Fund. One of the 20 global influencers on LinkedIn -- a list she shares with Prime Minister Narendra Modi. And perhaps one of the most candid and transparent voices in Indian finance today.

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

Rediff.com5 days ago

The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Vishwajeet Jhawar, promoter of Marvel Group, following a petition by APRN Enterprises for outstanding debt.

Shirtless protest at AI Summit: Two more arrested, funds under lens

Shirtless protest at AI Summit: Two more arrested, funds under lens

Rediff.com27 Feb 2026

Delhi Police have arrested two more Indian Youth Congress workers in connection with a 'shirtless' protest at the AI Summit, bringing the total arrests to 14. Authorities are investigating the financial trail behind the protest, suspecting funds meant for Bihar Assembly elections may have been diverted.

Asia on fire: Of finance, climate, cities in motion

Asia on fire: Of finance, climate, cities in motion

Rediff.com20 Jan 2026

The initial public offering (IPO) market in India last year was hot, with companies raising over $22 billion in 2025. But half of the 350-plus companies that listed on the stock exchange last year traded below their offer price, according to a new research report released by HSBC Global Investment Research - a sobering fact despite what otherwise looked like a rush of companies eager to list on the bourses.

Lakshmi, Durga And The Quiet Irony of Women's Day

Lakshmi, Durga And The Quiet Irony of Women's Day

Rediff.com20 hours ago

Indian civilisation has long imagined wealth and power as feminine forces. And yet, when these qualities appear in real women, admiration sometimes gives way to discomfort, observes Vatsal Ramaiya.

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Rediff.com7 hours ago

Chandigarh Police have launched an investigation into a fraud involving fake fixed deposit receipts (FDRs) worth 116.84 crore, allegedly issued by a private bank manager, impacting the Chandigarh municipal corporation's funds.

Everyday Heroine: She Balances Her Job And Her Passion

Everyday Heroine: She Balances Her Job And Her Passion

Rediff.com4 days ago

Thane-based Chitra Tambe, 28, opens up about how she juggles a full-time career and her growing passion while living in a joint family setup.

Platform partnerships gain ground in realty

Platform partnerships gain ground in realty

Rediff.com4 days ago

Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.

Punjab Budget Prioritises Security and Surveillance

Punjab Budget Prioritises Security and Surveillance

Rediff.com1 days ago

The Punjab government has allocated Rs 11,577 crore to home affairs, justice, and jails in the 2026-27 budget, focusing on strengthening institutional capacity, technology-driven surveillance, and prison security.

The 5-Step Action Plan To Your First Rs 1 Crore

The 5-Step Action Plan To Your First Rs 1 Crore

Rediff.com21 hours ago

From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners

Too early to comment on US tariff changes: Sitharaman

Too early to comment on US tariff changes: Sitharaman

Rediff.com23 Feb 2026

Finance Minister Nirmala Sitharaman stated that it is premature to comment on the tariff changes announced by the United States, adding that the commerce ministry is currently reviewing the situation.

How Couples Can Avoid Money Fights

How Couples Can Avoid Money Fights

Rediff.com25 Feb 2026

Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.

How Couples Can Avoid Money Fights

How Couples Can Avoid Money Fights

Rediff.com25 Feb 2026

Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

Rediff.com5 days ago

Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher.

Five Arrested in Pratapgarh Murder Case

Five Arrested in Pratapgarh Murder Case

Rediff.com26 Feb 2026

Police in Pratapgarh, Uttar Pradesh, have arrested five individuals, including a woman and her lover, in connection with the murder of her husband. The accused confessed to the crime, which was motivated by an affair and financial incentives.

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

Rediff.com20 Feb 2026

India Ratings & Research (Ind-Ra) has projected the aggregate fiscal deficit of states to rise to 3 per cent of gross domestic product (GDP) in 2026-27 (FY27), from an estimated 2.8 per cent in 2025-26 (FY26), citing higher revenue expenditure amid election-related pressures and scheme cost-sharing requirements.

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Rediff.com5 days ago

Indian equity investors experienced a significant loss of 16.32 lakh crore due to a two-day stock market decline fueled by escalating geopolitical tensions involving the US, Israel, and Iran.

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Rediff.com4 days ago

A Lenovo study reveals that Indian enterprises are planning to increase their investments in Artificial Intelligence (AI) at a higher rate than other countries in the Asia-Pacific region.

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com4 days ago

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

Everyday Heroine: 'I Have Been Sweeping For 32 Years'

Everyday Heroine: 'I Have Been Sweeping For 32 Years'

Rediff.com3 days ago

Amli (Amli ben to everyone), who sweeps corridors, cleans bathrooms and collects the trash in a south Mumbai building, shares her 32-year fight to keep her family afloat. A Women's Day special.

Reliance Jio aims to be among first scalable token service providers

Reliance Jio aims to be among first scalable token service providers

Rediff.com4 days ago

Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.

Hyderabad: Money Lenders Arrested in Suicide Abetment Case

Hyderabad: Money Lenders Arrested in Suicide Abetment Case

Rediff.com7 days ago

Four money lenders have been arrested in Hyderabad for allegedly abetting the suicide of a family of three due to harassment over loan repayment.

India's Services Sector Growth Eases Slightly in Feb

India's Services Sector Growth Eases Slightly in Feb

Rediff.com5 days ago

India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.

The First Mistake In A Relationship Is....

The First Mistake In A Relationship Is....

Rediff.com5 days ago

You have to decide whether you want to spend the rest of your life unhappily married or are brave enough to go it alone, counsels Rediff's Love Guru.

Modi convenes CCS meeting amid escalating tension after Iran attack

Modi convenes CCS meeting amid escalating tension after Iran attack

Rediff.com2 Mar 2026

Prime Minister Narendra Modi will chair a meeting of the Cabinet Committee of Security (CCS) in Delhi to discuss the global situation following the attack on Iran and the killing of Iranian Supreme Leader Ayatollah Ali Khamenei.

Iran's defence minister, Guards commander killed in US-Israel strikes: Report

Iran's defence minister, Guards commander killed in US-Israel strikes: Report

Rediff.com28 Feb 2026

A joint attack by the United States and Israel on Iran has triggered a massive military confrontation in the Middle-East.

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

Bengaluru Man Murdered; Woman and Two Others Arrested

Bengaluru Man Murdered; Woman and Two Others Arrested

Rediff.com7 days ago

A man was found murdered in his Bengaluru home, and three individuals, including a woman involved in a relationship with the deceased, have been arrested in connection with the crime.