News for 'Asset'

Unsinkable Aircraft Carrier Vs Real Aircraft Carrier

Unsinkable Aircraft Carrier Vs Real Aircraft Carrier

Rediff.com19 Jun 2026

While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).

Want To Own Ultra-Exclusive Cars?

Want To Own Ultra-Exclusive Cars?

Rediff.com15 Jun 2026

'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'

How To Pick Smallcap Funds

How To Pick Smallcap Funds

Rediff.com1 days ago

Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.

Karnataka MLA's Sons Face ED Grilling Over Crypto Money Laundering

Karnataka MLA's Sons Face ED Grilling Over Crypto Money Laundering

Rediff.com9 Jun 2026

The Enforcement Directorate has summoned the two sons of Karnataka Congress MLA N A Haris for questioning in a crypto currency-linked money laundering case. The case involves hacking websites, stealing bitcoins, and selling virtual digital assets, with the Nalapad brothers previously denying wrongdoing and alleging political vendetta.

Assets Attached in United Services Club Financial Fraud Investigation

Assets Attached in United Services Club Financial Fraud Investigation

Rediff.com23 Mar 2026

The Enforcement Directorate (ED) has provisionally attached assets worth approximately Rs 34.51 crore in connection with an alleged financial fraud involving the United Services Club in south Mumbai.

RBI Imposes Penalties On Canara Bank, Puran Associates For Regulatory Breaches

RBI Imposes Penalties On Canara Bank, Puran Associates For Regulatory Breaches

Rediff.com5 Jun 2026

The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.

How Srinagar Police Are Cracking Down On Drug Trafficking

How Srinagar Police Are Cracking Down On Drug Trafficking

Rediff.com6 Jun 2026

Srinagar police have attached properties worth approximately Rs 3.5 crore belonging to two alleged drug peddlers as part of an ongoing crackdown on drug trafficking and efforts to seize assets acquired through illegal narcotics trade under the 'Nasha Mukt Jammu and Kashmir Abhiyan'. The attached properties include residential houses and land, with owners prohibited from any transactions pending legal proceedings.

Iran okays 'highest level' of nuke inspections, no Hormuz blockade: Trump

Iran okays 'highest level' of nuke inspections, no Hormuz blockade: Trump

Rediff.com3 days ago

US President Donald Trump claimed on Tuesday that Tehran has consented to long-term, comprehensive monitoring of its nuclear infrastructure. Concurrently, Washington will ease shipping constraints in the Strait of Hormuz and release bound financial concessions, subject to stringent American oversight.

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

Rediff.com18 Jun 2026

The United States and Iran have reached an agreement in principle to immediately and permanently halt all military operations, lift sanctions, and work towards a comprehensive final agreement within 60 days, including a significant reconstruction package for Iran.

Stock markets surge on US-Iran peace deal, oil price drop

Stock markets surge on US-Iran peace deal, oil price drop

Rediff.com15 Jun 2026

Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com4 days ago

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

How a Kerala medical tourism firm orchestrated an organ trafficking racket

How a Kerala medical tourism firm orchestrated an organ trafficking racket

Rediff.com5 days ago

The Enforcement Directorate has uncovered a sophisticated organ trafficking racket in Kerala, operating under the guise of a medical tourism company. The network exploited financially distressed donors, forging documents and facilitating illegal transplant procedures at major hospitals, leading to arrests and freezing of assets.

6 Breakthroughs Put India In Missile Elite

6 Breakthroughs Put India In Missile Elite

Rediff.com4 days ago

Successful interceptor, anti-ship, MIRV and hypersonic technology tests have strengthened India's position among a select group of advanced missile powers.

First US President to achieve real Peace: Trump hails Iran deal

First US President to achieve real Peace: Trump hails Iran deal

Rediff.com15 Jun 2026

US President Donald Trump has lauded a newly announced peace deal between the United States and Iran, predicting it will bring "peace and security" to West Asia and facilitate the reopening of the strategically vital Strait of Hormuz.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

SIF Accounts Cross 50,000 Milestone

SIF Accounts Cross 50,000 Milestone

Rediff.com4 Jun 2026

The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Rediff.com31 Mar 2026

TVK chief Vijay declared assets worth 603.20 crore in his election affidavit, including luxury cars and significant bank deposits, ahead of the Tamil Nadu Assembly polls.

Why Smallcaps Are Winning The Market Battle

Why Smallcaps Are Winning The Market Battle

Rediff.com1 days ago

The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.

Government's Big Plans For North East Oil Exploration

Government's Big Plans For North East Oil Exploration

Rediff.com3 days ago

A tripartite pact -- amid the promise of removing AFSPA from almost all of the North East -- revives hydrocarbon exploration along the Assam-Nagaland border after decades of dormancy.

Doda Police Seizes Property Worth Rs 52 Lakh In Anti-Drug Drive

Doda Police Seizes Property Worth Rs 52 Lakh In Anti-Drug Drive

Rediff.com3 Jun 2026

Police in Doda district, Jammu and Kashmir, have attached a residential property valued at Rs 52 lakh under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. The property was allegedly acquired using proceeds from illegal drug trafficking, as part of an ongoing crackdown on drug networks and their financial infrastructure.

India's Forex Kitty Jumps $938 Million to $682 Billion

India's Forex Kitty Jumps $938 Million to $682 Billion

Rediff.com5 Jun 2026

India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.

TMC merger: Strategic move to aid BJP without legal hurdles

TMC merger: Strategic move to aid BJP without legal hurdles

Rediff.com15 Jun 2026

Twenty rebel Trinamool Congress Lok Sabha MPs have merged with the obscure Nationalist Citizens Party of India (NCPI), a move seen by political observers as a strategic way to support the BJP-led NDA without immediately joining the saffron party and bypassing legal complexities.

Suvendu govt to toughen laws against vandalism, attacks on officials

Suvendu govt to toughen laws against vandalism, attacks on officials

Rediff.com5 days ago

The West Bengal government plans to introduce two new bills in the Assembly to address public disorder, vandalism, and attacks on police and public servants. One bill will amend the existing Public Order Act, 1972, while the other, titled the Public Safety Control and Anti-Social Activity Bill, will comprehensively strengthen public safety measures. These legislative changes aim to curb incidents of violence and allow for compensation recovery from offenders.

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Rediff.com18 Jun 2026

A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

It's 60-day ceasefire, not peace deal: Israeli expert

It's 60-day ceasefire, not peace deal: Israeli expert

Rediff.com15 Jun 2026

Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com1 days ago

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

'Force Americans to withdraw': Iran warns of crushing strikes on US assets

'Force Americans to withdraw': Iran warns of crushing strikes on US assets

Rediff.com4 Apr 2026

The central headquarters of the Iranian armed forces has issued a stark warning to the United States and its regional partners following recent threats made by President Donald Trump, state broadcaster Press TV reported.

Kerala BJP chief Rajeev Chandrasekhar declares assets worth Rs 93 crore

Kerala BJP chief Rajeev Chandrasekhar declares assets worth Rs 93 crore

Rediff.com21 Mar 2026

BJP state president Rajeev Chandrasekhar, contesting from Nemom, Kerala, declares assets exceeding 93 crore, including movable and immovable properties, ahead of the upcoming Assembly elections.

Pressure mounts on UK PM Starmer as Burnham emerges as challenger

Pressure mounts on UK PM Starmer as Burnham emerges as challenger

Rediff.com5 days ago

Keir Starmer has come under mounting pressure to resign as the leader of the Labour Party to pave the way for Andy Burnham to take over as the new British Prime Minister.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com3 days ago

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

Should You Invest In Multi-Asset Funds?

Should You Invest In Multi-Asset Funds?

Rediff.com3 Mar 2026

Their assets under management (AUM) rose from Rs 1.04 trillion (January 31, 2025) to Rs 1.75 trillion (January 31, 2026), an increase of 68.3 per cent.

After 3 deaths in ship attacks, India summons US envoy for second time

After 3 deaths in ship attacks, India summons US envoy for second time

Rediff.com12 Jun 2026

India has summoned the US charge d'affaires for the second time this week to protest American Navy strikes on three commercial vessels off the coast of Oman, which resulted in the deaths of three Indian crew members. New Delhi has demanded an end to these attacks, acknowledging that the US Navy targeted the ships, some of which were reportedly non-compliant with US sanctions.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com4 days ago

Algo strategies must be registered with stock exchanges.

'USA-Iran Deal Is Not Enforceable'

'USA-Iran Deal Is Not Enforceable'

Rediff.com4 days ago

'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'

India bags first-ever vice presidency of Paris-based financial watchdog FATF

India bags first-ever vice presidency of Paris-based financial watchdog FATF

Rediff.com7 days ago

India was on Friday accorded the vice presidency of the Financial Action Task Force (FATF), the global body that sets standards for combating money laundering and terrorist financing, for the first time.

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Rediff.com3 Jun 2026

The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.

Trump by his side, Modi raises Indian sailors' deaths at G7

Trump by his side, Modi raises Indian sailors' deaths at G7

Rediff.com17 Jun 2026

Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.