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FinMin Pushes RBI for Faster Fraud Shield

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions. Illustration: Dominic Xavier/Rediff   The finance ministry has raised concerns with the...

Convicted Maha minister Manikrao Kokate resigns from Cabinet

Nationalist Congress Party minister Manikrao Kokate has resigned from the Maharashtra Cabinet following a court verdict upholding his conviction and two-year jail term in a 1995 cheating and...

Convicted Maha minister Kokate moves HC as arrest warrant looms

Maharashtra sports minister and Nationalist Congress Party leader Manikrao Kokate moved the Bombay high court on Wednesday, challenging a sessions court order that upheld his conviction and...

Bidding For Rs 10,000 Banknote Crosses Rs 18 Lakh

Rashtrapati Bhavan has introduced a new initiative, the E-Upahaar auction, to monetise valuable assets for a social cause, in alignment with a broader governmental policy, championed by Prime...

Phase 2 of Bihar polls tomorrow, Nitish ministers in fray

Electoral fortunes of 1,302 candidates, including over half a dozen ministers in the Nitish Kumar government, will be sealed on Tuesday with 3.70 crore voters eligible to exercise their franchise...

Corporate lending may rebound as loan-bond rate gap narrows

Bank lending to companies is expected to go up in the coming quarters because the difference in interest rates between corporate bonds and bank loans has narrowed. Illustration: Dominic...

SFIO questions IndusInd execs on accounting discrepancies

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details...

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans...

'Insurance Sector Is At An Unstable Equilibrium'

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.' Kindly note that this illustration generated using Microsoft Copilot has only...

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider...

'This Is Why Trump Has Scored'

'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.' IMAGE: US President...

Gaikwad, Rinku, Patidar back in Test mix after SA debacle

IMAGE: Ruturaj Gaikwad is believed to be the player, who can be a stable No 3 with an average of 45-plus in 43 first-class games. Photograph: BCCI Specialist batters could be back in vogue in...