News for 'Asset'

Modi calls on states to leverage AI, tackle cyber fraud and prepare for El Nino impact

Modi calls on states to leverage AI, tackle cyber fraud and prepare for El Nino impact

Rediff.com11 Jun 2026

Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.

US Navy attacked 3 merchant ships, India lodges strong protest

US Navy attacked 3 merchant ships, India lodges strong protest

Rediff.com11 Jun 2026

India has strongly protested to the United States after three merchant ships with Indian crew members were attacked by the American military off the coast of Oman, resulting in the deaths of three Indian nationals.

US confirms firing 2 Hellfire missiles at Indian vessel

US confirms firing 2 Hellfire missiles at Indian vessel

Rediff.com11 Jun 2026

The US Central Command (CENTCOM) confirmed striking the Guinea-Bissau-flagged oil tanker MT Jalveer, carrying 20 Indian seafarers, in the Gulf of Oman for allegedly violating the US blockade against Iran. This incident marks the third commercial vessel attacked by US forces in the region this week, with three Indian seafarers previously losing their lives in an attack on the MT Settebello.

Tamil Nadu Cabinet: Criminal Cases Against 50% Of Ministers

Tamil Nadu Cabinet: Criminal Cases Against 50% Of Ministers

Rediff.com12 May 2026

A report by the Association for Democratic Reforms (ADR) reveals that half of the newly appointed Tamil Nadu Cabinet ministers have criminal cases against them, while 20 per cent possess assets exceeding Rs 100 crore.

Iran targets 21 US bases, F-35 hangars after strikes over Apache downing

Iran targets 21 US bases, F-35 hangars after strikes over Apache downing

Rediff.com10 Jun 2026

Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed to have targeted and destroyed hangars of F-35 fighter jets and struck 21 American air and naval bases across West Asia and the Gulf region, including the US Army's command and control centre at the Al-Azraq base in Jordan and the US Fifth Fleet headquarters in Bahrain.

Supreme Court Grants Bail In Rs 3,700 Crore Investment Scam

Supreme Court Grants Bail In Rs 3,700 Crore Investment Scam

Rediff.com15 May 2026

The Supreme Court granted bail to the wife of the alleged 'kingpin' of a Rs 3,700-crore scam and directed that no court shall de-freeze the assets attached by the probe agencies in the case till the trial in the FIRs against the accused are concluded.

What Investors Should Know About SIFs

What Investors Should Know About SIFs

Rediff.com19 May 2026

Investors can begin investing in mutual funds with as little as Rs 100.

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

Rediff.com22 May 2026

India's foreign exchange reserves saw a significant drop of USD 8.094 billion, settling at USD 688.894 billion for the week ending May 15, as the Reserve Bank of India intervened in the forex market and global events like the Middle East conflict impacted the rupee.

Smart Tips: How To Save LTCG, File ITR

Smart Tips: How To Save LTCG, File ITR

Rediff.com2 Jun 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

Key Accused In Heera Group Fraud Case Arrested

Key Accused In Heera Group Fraud Case Arrested

Rediff.com22 May 2026

Nowhera Shaik, the prime accused in the Heera Group investment fraud case, has been arrested in Gurugram. She was apprehended in a joint operation by the Enforcement Directorate and Haryana Police and has been taken to Hyderabad.

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

Rediff.com9 Jun 2026

The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.

Amount of skills Manav has got, he is a treat to watch: Washington Sundar

Amount of skills Manav has got, he is a treat to watch: Washington Sundar

Rediff.com7 Jun 2026

Debutant left-arm spinner Manav Suthar is blessed with amazing skills-sets and will be a treat to watch in the coming days, reckoned all-rounder Washington Sundar.

Crorepati MLAs Surge 32 Times In 20 Years

Crorepati MLAs Surge 32 Times In 20 Years

Rediff.com18 May 2026

BJP witnessed steady growth in crorepati MLAs between 2016 and 2026.

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Rediff.com17 May 2026

Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.

J-K Authorities Demolish Property Of Alleged Drug Peddler In Udhampur

J-K Authorities Demolish Property Of Alleged Drug Peddler In Udhampur

Rediff.com22 May 2026

Authorities in Jammu and Kashmir's Udhampur district demolished an alleged illegal commercial property belonging to an alleged drug peddler as part of an ongoing crackdown against narcotics trafficking.

Enforcement Directorate Raids Drug Trafficker Dola's Properties

Enforcement Directorate Raids Drug Trafficker Dola's Properties

Rediff.com2 Jun 2026

The Enforcement Directorate conducted raids across Maharashtra and Gujarat targeting Mohammad Salim Dola, a recently extradited drug trafficker with alleged ties to Dawood Ibrahim, as part of a money laundering investigation.

West Asia Tensions Drive Crude Oil To Record Highs

West Asia Tensions Drive Crude Oil To Record Highs

Rediff.com3 Jun 2026

Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

Rediff.com9 Jun 2026

US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Odisha Police Smash Gambling Ring Near Chhattisgarh Border

Odisha Police Smash Gambling Ring Near Chhattisgarh Border

Rediff.com1 Jun 2026

Odisha Police busted a gambling racket in Sundargrah district, arresting 26 people and seizing cash, vehicles, and mobile phones. They also arrested a shop owner involved in IPL betting and are searching for three more suspects.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

Nowhera Shaik Arrested In Heera Group Investment Fraud Case

Nowhera Shaik Arrested In Heera Group Investment Fraud Case

Rediff.com22 May 2026

The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.

Sebi proposes new framework to manage options strike prices amid market volatility

Sebi proposes new framework to manage options strike prices amid market volatility

Rediff.com26 May 2026

The Securities and Exchange Board of India (Sebi) has proposed a new framework to manage strike prices for options contracts, aiming to ensure continuous availability of suitable contracts even during sharp intraday market swings. This move addresses concerns that extreme price movements can leave traders without appropriate options for hedging or positioning.

Dropping Fertility Rates: Chance For India To Be Pandavas

Dropping Fertility Rates: Chance For India To Be Pandavas

Rediff.com10 Jun 2026

The falling Total Fertility Rate offers India a chance to become the Pandavas -- fewer in number, but each citizen genuinely empowered, educated, and capable of contributing to a civilisation worth building, asserts Amberish K Diwanji.

US strikes Iranian radar, drone sites; Kuwait intercepts missiles

US strikes Iranian radar, drone sites; Kuwait intercepts missiles

Rediff.com1 Jun 2026

The strike came amid the peace deal talks between two countries and a fragile ceasefire.

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Rediff.com5 Jun 2026

Listed capital market companies in India delivered strong fourth-quarter earnings growth, with a universe of 12 firms posting 30 per cent year-on-year revenue growth and 19 per cent earnings growth in Q4FY26, despite mark-to-market (MTM) losses impacting headline profitability for some.

India T20 return? Shubman Gill finally responds

India T20 return? Shubman Gill finally responds

Rediff.com30 May 2026

Shubman Gill is determined to improve his T20 game to regain his place in the Indian T20I side, acknowledging the increased competition from young stars emerging in the IPL.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

'Shivakumar Is The Richest Politician In The Country'

'Shivakumar Is The Richest Politician In The Country'

Rediff.com5 Jun 2026

'In the (election) affidavit, he had declared Rs 1,400 crores as his assets. He has educational institutions, real estate, malls, etc.'

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rediff.com15 May 2026

Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.

Haryana Police Busts Fake Call Centre Defrauding US Citizens

Haryana Police Busts Fake Call Centre Defrauding US Citizens

Rediff.com3 Jun 2026

Haryana Police have dismantled a fraudulent international call centre in Panchkula, arresting 21 individuals involved in scamming US citizens by impersonating employees of a major e-commerce company.

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Rediff.com7 Jun 2026

The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the US Central Command late Saturday.

ED Attaches 200 Crore Assets of TDI Infrastructure in Money Laundering Probe

ED Attaches 200 Crore Assets of TDI Infrastructure in Money Laundering Probe

Rediff.com6 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 200 crore belonging to TDI Infrastructure Limited in connection with a money-laundering investigation related to alleged fraud against homebuyers.

Bumrah, Hardik rested as India focus on WTC, ODI WC

Bumrah, Hardik rested as India focus on WTC, ODI WC

Rediff.com6 Jun 2026

India have rested Jasprit Bumrah and Hardik Pandya from the Ireland and England tours as selectors prioritise the pacer's role in the World Test Championship and Pandya's importance to India's ODI World Cup plans.

How Godman Used Black Magic To Extort Millions: ED Probe

How Godman Used Black Magic To Extort Millions: ED Probe

Rediff.com21 May 2026

Self-proclaimed godman Ashok Kharat, accused of portraying himself as Lord Shiva and using black magic to extort money from victims, has been arrested by the Enforcement Directorate.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Property Of Drug Peddler Attached In J&K's Doda

Property Of Drug Peddler Attached In J&K's Doda

Rediff.com23 May 2026

Police in Jammu and Kashmir's Doda district attached a property allegedly acquired through narcotics trafficking as part of the 'Nasha Mukt Jammu Kashmir Abhiyaan'. The property belonged to drug peddler Yasir Ahmed Shah and the action aims to dismantle financial networks linked to narco-trafficking.