News for 'Asset'

Drug Trafficker Dola's Chemist Links Under Investigation

Drug Trafficker Dola's Chemist Links Under Investigation

Rediff.com3 May 2026

Investigators are probing the network of Mohammad Salim Dola, an alleged international drug trafficker, and have uncovered links with chemists and pharma dealers who allegedly aided his illicit trans-national racket.

Inspector Avinash Season 2 Review: Muddled Cop Drama

Inspector Avinash Season 2 Review: Muddled Cop Drama

Rediff.com16 May 2026

Randeep Hooda returns as the titular supercop in Inspector Avinash Season 2, but the series struggles to maintain narrative coherence and pacing, sighs Sreeju Sudhakaran.

War resumes in Middle East? US-Iran trade fire, Trump says ceasefire...

War resumes in Middle East? US-Iran trade fire, Trump says ceasefire...

Rediff.com8 May 2026

US President Donald Trump maintains that the ceasefire with Iran is still in effect despite recent military engagements near the Strait of Hormuz. He also commented on a recent clash where US forces responded to Iranian attacks on US Navy destroyers.

Why India Needs A Cultural Shift To Become A Sporting Superpower

Why India Needs A Cultural Shift To Become A Sporting Superpower

Rediff.com20 May 2026

An analysis of the disparities in India's sporting culture, highlighting the challenges faced by non-cricket athletes and the systemic changes needed for India to become a true sporting superpower.

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

Odisha Police Bust IPL Betting Racket, Five Apprehended

Odisha Police Bust IPL Betting Racket, Five Apprehended

Rediff.com3 May 2026

Odisha Police busted an IPL betting racket in Rajgangpur, Sundargarh district, arresting five individuals and seizing cash and frozen funds.

Rajasthan Police Freeze Property Bought With Drug Money

Rajasthan Police Freeze Property Bought With Drug Money

Rediff.com18 Apr 2026

Rajasthan Police have frozen a house in Nagaur district worth over Rs 1 crore, allegedly built using proceeds from drug trafficking, officials said.

Bishnoi gang claims firing outside home of Punjabi actor Dosanjh's manager

Bishnoi gang claims firing outside home of Punjabi actor Dosanjh's manager

Rediff.com13 May 2026

Police are investigating claims of a firing incident outside the residence of Diljit Dosanjh's manager in Karnal, allegedly at the behest of gangster Lawrence Bishnoi's aides. The incident has sparked a political row, with AAP accusing BJP of intimidation tactics after Dosanjh declined to join the party.

IPL's next TV deal could break all records again

IPL's next TV deal could break all records again

Rediff.com16 May 2026

Punjab Kings co-owner Mohit Burman anticipates a significant increase in the next IPL media rights cycle, potentially reaching 20-30 per cent, driven by recent high-value franchise acquisitions and the league's consistent engagement.

How To Plan Urban Greenery For Cooling Effect

How To Plan Urban Greenery For Cooling Effect

Rediff.com12 May 2026

An analysis of 138 Indian cities reveals that urban greening should consider humidity and airflow for effective cooling, emphasising climate-responsive strategies over one-size-fits-all approaches.

NPS Investors: Pick Fund Managers Wisely

NPS Investors: Pick Fund Managers Wisely

Rediff.com28 Apr 2026

Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com14 May 2026

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Small taxpayers get relief window for foreign asset disclosure

Small taxpayers get relief window for foreign asset disclosure

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs as she presented the Union Budget 2026-27.

Gangsters Target Diljit Dosanjh's Manager: What Happened?

Gangsters Target Diljit Dosanjh's Manager: What Happened?

Rediff.com13 May 2026

Shots were allegedly fired outside the residence of Diljit Dosanjh's manager in Karnal, with a social media post linked to the Lawrence Bishnoi gang claiming responsibility. The incident has sparked a political row between AAP and BJP, with allegations of intimidation tactics.

Pak parked Iran jets on its airbases to escape US airstrikes: Report

Pak parked Iran jets on its airbases to escape US airstrikes: Report

Rediff.com12 May 2026

A new report alleges Pakistan shielded Iranian military aircraft from potential US airstrikes, raising questions about its role as a neutral mediator in the ongoing US-Iran tensions.

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Rediff.com10 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com30 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

Cong leader Pawan Khera moves Gauhati HC for bail in defamation case

Cong leader Pawan Khera moves Gauhati HC for bail in defamation case

Rediff.com21 Apr 2026

Congress spokesperson Pawan Khera has moved the Gauhati High Court seeking anticipatory bail in connection with a criminal case filed by Assam Chief Minister Himanta Biswa Sarma's wife, Riniki Bhuyan Sharma, over allegations related to multiple passports and undisclosed overseas assets.

Mumbai's iconic Air India building set to become Maha govt hub soon

Mumbai's iconic Air India building set to become Maha govt hub soon

Rediff.com29 Apr 2026

The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.

Supreme Court Appoints Ex-CJI Chandrachud As Mediator In Sunjay Kapur Family Trust Case

Supreme Court Appoints Ex-CJI Chandrachud As Mediator In Sunjay Kapur Family Trust Case

Rediff.com7 May 2026

Asking the parties to participate in the mediation proceedings with an open mind, the apex court said they may not make any statements in the public and may not go on social media about the dispute.

Markets to Track West Asia Situation, Crude Oil Prices This Week

Markets to Track West Asia Situation, Crude Oil Prices This Week

Rediff.com10 May 2026

Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Rediff.com13 May 2026

Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.

Rupee crashes to record 95.80 against USD, settles near all-time low

Rupee crashes to record 95.80 against USD, settles near all-time low

Rediff.com13 May 2026

The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.

Over 100 MPs' assets grew by 110% between 2014-2024: ADR

Over 100 MPs' assets grew by 110% between 2014-2024: ADR

Rediff.com8 Jan 2026

A report by the Association for Democratic Reforms (ADR) reveals that 102 re-elected Members of Parliament experienced an average asset growth of over 100% between 2014 and 2024. The report highlights the MPs with the highest asset increases.

Why Modi Gave More Powers To The Enforcement Directorate

Why Modi Gave More Powers To The Enforcement Directorate

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com12 May 2026

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

Rediff.com1 May 2026

Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has arrested Punjab Industries Minister Sanjeev Arora in connection with a money laundering case involving alleged fake GST purchases and round-tripping of funds. Raids were conducted at multiple locations, and Arora was taken into custody under the Prevention of Money Laundering Act (PMLA). This follows previous actions against Arora and other politically connected individuals in Punjab.

When The Builder Does Not Deliver Your Flat...

When The Builder Does Not Deliver Your Flat...

Rediff.com30 Apr 2026

The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Why ED Is Raiding Punjab Minister Sanjeev Arora Again

Why ED Is Raiding Punjab Minister Sanjeev Arora Again

Rediff.com9 May 2026

The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation. Raids were carried out at multiple locations, including Arora's residence and business premises, following a new case registered under the Prevention of Money Laundering Act (PMLA).

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

Theatre Commands Plan Gains Momentum

Theatre Commands Plan Gains Momentum

Rediff.com5 May 2026

The plan includes three such formations: A China-focused Northern Theatre Command, a Pakistan-focused Western Theatre Command, and a Maritime Theatre Command.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'