News for 'Asset'

'My favourite thing...': Trump hints at seizing Iran's Kharg Island

'My favourite thing...': Trump hints at seizing Iran's Kharg Island

Rediff.com30 Mar 2026

US President Donald Trump hinted at the possibility of the US seizing Iran's key oil export hub on Kharg Island, suggesting it could be done with minimal resistance. He also expressed his desire to take Iran's oil resources, while indicating potential negotiations and a possible deal with Iran.

Bengaluru Police Nab Five in Major Drug Trafficking Operation

Bengaluru Police Nab Five in Major Drug Trafficking Operation

Rediff.com24 Mar 2026

Bengaluru police have arrested five individuals for allegedly trafficking MDMA and ganja in various parts of the city. The operation resulted in the seizure of drugs and other items worth 5.77 crore.

Billie Jean King Cup: Confident India Bank On Home Advantage Against Thailand

Billie Jean King Cup: Confident India Bank On Home Advantage Against Thailand

Rediff.com6 Apr 2026

India is set to compete in the Billie Jean King Cup Asia-Oceania Group I ties, aiming for promotion to the 2026 play-offs. Despite a setback with Shrivalli Bhamidipaty's withdrawal, the team hopes to capitalise on home advantage.

ED Files Chargesheet Against Jharkhand Engineers in Rural Development Scam

ED Files Chargesheet Against Jharkhand Engineers in Rural Development Scam

Rediff.com18 Mar 2026

The Enforcement Directorate (ED) has filed a fresh chargesheet against retired and serving Jharkhand government engineers and officials in a money-laundering case linked to alleged irregularities in the state's rural development department.

Iran footballer Sardar Azmoun kicked off national team for 'disloyalty to government'

Iran footballer Sardar Azmoun kicked off national team for 'disloyalty to government'

Rediff.com20 Mar 2026

Sardar Azmoun, one of Iran's top football players, has been expelled from the national team for a perceived act of disloyalty to the government, Iranian media has reported.

Iran mines key oil island as US prepares to send troops

Iran mines key oil island as US prepares to send troops

Rediff.com26 Mar 2026

Iran has placed anti-personnel and anti-armour mines around the island, where US troops could potentially stage an amphibious landing.

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Rediff.com3 Apr 2026

Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.

Iran denies Trump's direct talk claims; confirms indirect US outreach

Iran denies Trump's direct talk claims; confirms indirect US outreach

Rediff.com30 Mar 2026

Iranian foreign ministry spokesperson Esmaeil Baghaei said that the country has held no "direct" talks with the United States as of now and added that it has received messages through some mediators regarding the US' desire for negotiations.

Rupee Jumps After RBI Curbs on Banks: A Detailed Analysis

Rupee Jumps After RBI Curbs on Banks: A Detailed Analysis

Rediff.com2 Apr 2026

The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.

MF launches taper off in March in the midst of West Asia flare-up

MF launches taper off in March in the midst of West Asia flare-up

Rediff.com2 Apr 2026

Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.

Directors of Agri-Tourism Firm Arrested for Rs 100 Crore Investment Scam in Kerala

Directors of Agri-Tourism Firm Arrested for Rs 100 Crore Investment Scam in Kerala

Rediff.com15 Mar 2026

Police in Kochi have arrested three directors of an agri-tourism firm accused of defrauding hundreds of investors of over Rs 100 crore through a fake investment scheme.

IPL 2026: 'Hang up boots'! Aakash Chopra's brutal take on Dhoni

IPL 2026: 'Hang up boots'! Aakash Chopra's brutal take on Dhoni

Rediff.com24 Mar 2026

Former Indian cricketer Aakash Chopra believes MS Dhoni should retire if he's relegated to an 'Impact Player' role for Chennai Super Kings (CSK), suggesting it's time for the veteran to consider hanging up his boots.

Will Iran Be Browbeaten By Trump's Threats?

Will Iran Be Browbeaten By Trump's Threats?

Rediff.com7 Apr 2026

Far from it; the country's resistance to the US, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East are driven by a constant search for independence and security. Thus, Iran will never capitulate. Trump will learn this home truth ultimately, and it is going to be a humbling personal experience that may even destroy his presidency, predicts Ambassador M K Bhadrakumar.

Bitcoin correction calls for decisions based on risk, allocation, horizon

Bitcoin correction calls for decisions based on risk, allocation, horizon

Rediff.com5 Mar 2026

Bitcoin has fallen from its peak of $1,26,251.3 on October 6, 2025, to $65,405.5, a decline of 48.2 per cent. Investors must recognise that sharp volatility is inherent to Bitcoin and avoid kneejerk reactions.

Platform partnerships gain ground in realty

Platform partnerships gain ground in realty

Rediff.com5 Mar 2026

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.

Still Haven't Made Your Tax-Saving Investments?

Still Haven't Made Your Tax-Saving Investments?

Rediff.com26 Mar 2026

In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.

A War Of Attrition Is The Last Thing Trump Expected

A War Of Attrition Is The Last Thing Trump Expected

Rediff.com14 Mar 2026

As days turn into weeks and America loses more planes, as the destruction of trillions of dollars worth military assets piles up, and dead bodies of soldiers return in ever greater numbers in coffins, Trump will have to answer some very difficult questions to save his presidency, notes Ambassador M K Bhadrakumar.

Ashwin set for MLC debut, creates history in USA

Ashwin set for MLC debut, creates history in USA

Rediff.com28 Mar 2026

Former India off-spinner Ravichandran Ashwin is set to debut in Major League Cricket after signing with the San Francisco Unicorns, becoming the first India-capped player to join the league.

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Rediff.com2 Mar 2026

Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

India commissions nuclear submarine INS Aridaman, indigenous stealth frigate INS Taragiri

India commissions nuclear submarine INS Aridaman, indigenous stealth frigate INS Taragiri

Rediff.com3 Apr 2026

India has commissioned its new indigenously-built nuclear-powered ballistic missile submarine INS Aridaman into service, further strengthening the naval component of its nuclear triad. Defence Minister Rajnath Singh also highlighted the Indian Navy's role in securing maritime trade routes.

Bombay High Court Rules PMLA Takes Precedence Over SARFAESI, RDB Acts

Bombay High Court Rules PMLA Takes Precedence Over SARFAESI, RDB Acts

Rediff.com30 Mar 2026

The Bombay High Court has ruled that the Prevention of Money Laundering Act (PMLA) takes precedence over debt recovery laws like SARFAESI and RDB Acts when it comes to the attachment of proceeds of crime.

Don't Expect Too Much From Islamabad Summit

Don't Expect Too Much From Islamabad Summit

Rediff.com10 Apr 2026

The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.

How Punjab is Winning the Fight Against Drug Trafficking

How Punjab is Winning the Fight Against Drug Trafficking

Rediff.com9 Mar 2026

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.

US warns of 'largest strike package' against Iran, says...

US warns of 'largest strike package' against Iran, says...

Rediff.com19 Mar 2026

Hegseth said the military campaign, code-named Operation Epic Fury, against Iran is "laser focused" and "decisive," with objectives set directly by the US administration remaining unchanged since the start of operations.

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

Rediff.com28 Nov 2025

The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the "high-risk" cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said.

Israel destroys late Ayatollah Khamenei's plane at Tehran airport

Israel destroys late Ayatollah Khamenei's plane at Tehran airport

Rediff.com16 Mar 2026

The Israeli Air Force has destroyed an aircraft used by Iranian leadership at Mehrabad International Airport in Tehran, along with striking over 200 targets across western and central Iran, significantly impacting Iran's strategic capabilities.

No surplus oil, says Iran as US eases sanctions

No surplus oil, says Iran as US eases sanctions

Rediff.com21 Mar 2026

In a statement issued by Iran's consulate in Mumbai, it said, "At present, Iran essentially has no floating crude or surplus available for international markets. The US Treasury Secretary's remarks appear aimed at reassuring buyers and managing market sentiment."

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Rediff.com25 Mar 2026

A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a Rs 117-crore money laundering case, citing the serious threat economic offences pose to the country's financial health. The court highlighted substantial evidence linking Thepade to the crime under the Prevention of Money Laundering Act (PMLA).

Will blow up Iran's oil wells, power plants, Kharg Island if....., warns Trump

Will blow up Iran's oil wells, power plants, Kharg Island if....., warns Trump

Rediff.com30 Mar 2026

US President Donald Trump has threatened to target Iran's civilian energy infrastructure, including power plants, oil wells and Kharg Island, if Tehran does not reopen the Strait of Hormuz.

IRGC claims to hit US military base with missiles

IRGC claims to hit US military base with missiles

Rediff.com10 Mar 2026

The IRGC said five missiles were launched at 'the headquarters of the US Army at the Harir Air Base in Erbil, located in Iraq's Kurdistan Region'.

Iran war could end in 2-3 weeks, says Trump

Iran war could end in 2-3 weeks, says Trump

Rediff.com1 Apr 2026

Despite President Trump's optimistic prediction of a swift resolution to the ongoing conflict with Iran, Tehran dismisses any possibility of diplomatic breakthroughs, citing deep distrust and highlighting the complexities of US-Iran relations.

Gold, Silver Prices Poised for Rally Amid Geopolitical Uncertainty

Gold, Silver Prices Poised for Rally Amid Geopolitical Uncertainty

Rediff.com1 Mar 2026

Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.

UAE consulate in Iraq hit by drone strike

UAE consulate in Iraq hit by drone strike

Rediff.com10 Mar 2026

The UAE consulate in Erbil, located in Iraq's Kurdish region, suffered structural damage in the aerial attack. Officials said there were no casualties.

Gulf War: How To Manage Investments, Household Budget

Gulf War: How To Manage Investments, Household Budget

Rediff.com17 Mar 2026

Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'

Gaurav Gogoi: 'There's A Growing Fatigue With Divisive Politics'

Gaurav Gogoi: 'There's A Growing Fatigue With Divisive Politics'

Rediff.com4 Apr 2026

'Never before has the Congress been part of a rainbow coalition, and the response from the people has been overwhelming.' 'Assam's diversity cannot be represented by a single voice -- it requires a collective effort, and that is what we are building.'

Anil Nutrients Ltd and Director Face Money Laundering Charges in Bank Fraud Case

Anil Nutrients Ltd and Director Face Money Laundering Charges in Bank Fraud Case

Rediff.com6 Mar 2026

The Enforcement Directorate (ED) has filed a prosecution complaint against Anil Nutrients Ltd, its director, and six others in connection with a money laundering case involving an alleged fraud of Rs 47.88 crore with Bank of India.

Iran reports attack on nuclear site, no radiation leak

Iran reports attack on nuclear site, no radiation leak

Rediff.com21 Mar 2026

The Natanz nuclear facility is one of Iran's key nuclear installations and has previously been at the centre of international concerns over Tehran's nuclear programme.

HDFC Bank initiates independent review after chairman's ethics-based resignation

HDFC Bank initiates independent review after chairman's ethics-based resignation

Rediff.com24 Mar 2026

HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com23 Mar 2026

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.