News for 'Bank Z'

Messi's March Through History Continues With World Cup Goals Record

Messi's March Through History Continues With World Cup Goals Record

Rediff.com23 Jun 2026

Lionel Messi, nearing 39, has broken the World Cup all-time goal-scoring record with 18 goals, surpassing Marta and Miroslav Klose. This latest achievement adds to his illustrious career, which includes numerous club and international titles, cementing his status as one of football's greatest players.

India Owes Iran $7 Billion!

India Owes Iran $7 Billion!

Rediff.com17 Jun 2026

Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.

Four Arrested In Bihar For Selling Fake NEET Exam Papers

Four Arrested In Bihar For Selling Fake NEET Exam Papers

Rediff.com14 Jun 2026

Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

RBI raises FY27 inflation forecast to 5.1% on higher fuel pricescosts

RBI raises FY27 inflation forecast to 5.1% on higher fuel pricescosts

Rediff.com5 Jun 2026

The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.

Cooperative Official Arrested In Odisha For Embezzlement

Cooperative Official Arrested In Odisha For Embezzlement

Rediff.com30 May 2026

Odisha Vigilance arrested a cooperative official, Patitapaban Majhi, for allegedly misappropriating over Rs 33 lakh in government funds during his tenure at the Garhsantri Service Co-operative Society.

RBI's forex gains jump 52% in FY26, balance sheet swells

RBI's forex gains jump 52% in FY26, balance sheet swells

Rediff.com30 May 2026

The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.

Stock Markets Today: Sensex, Nifty Rebound as Geopolitical Tensions Ease

Stock Markets Today: Sensex, Nifty Rebound as Geopolitical Tensions Ease

Rediff.com9 Jun 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.

PIX: Yoga unites world as Indian missions lead global events

PIX: Yoga unites world as Indian missions lead global events

Rediff.com21 Jun 2026

Thousands of yoga enthusiasts across the world marked the International Day of Yoga on Sunday, as Indian missions abroad organised events to highlight the ancient practice's role in fostering health and well-being.

Day after cyberattack claim, CBSE processes 40,000 re-evaluation requests

Day after cyberattack claim, CBSE processes 40,000 re-evaluation requests

Rediff.com3 Jun 2026

The Central Board of Secondary Education (CBSE) announced that nearly 40,000 students have successfully applied for verification and re-evaluation of Class 12 board exam answer books, despite the portal facing cyberattacks, including a denial-of-service attempt.

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.

Chhattisgarh tribal woman carries 90-yr-old mother-in-law 3 km for pension

Chhattisgarh tribal woman carries 90-yr-old mother-in-law 3 km for pension

Rediff.com24 May 2026

A tribal woman walked nearly 3 km carrying her 90-year-old mother-in-law on her back to a bank to collect the latter's Rs 500 monthly pension, pending for four months due to incomplete KYC (Know Your Customer) formalities, in Chhattisgarh's Surguja district.

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

Rediff.com29 May 2026

The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve durability, and reduce production costs, with a pilot project expected soon.

'Op Tiger' successful, declares Fadnavis; breaking news soon, says Shinde

'Op Tiger' successful, declares Fadnavis; breaking news soon, says Shinde

Rediff.com21 Jun 2026

Amid the buzz over a split in the ranks of Lok Sabha MPs of Shiv Sena-Uddhav Balasaheb Thackeray through "Operation Tiger", Maharashtra Chief Minister Devendra Fadnavis on Sunday said the "operation" has been successful. His deputy and Shiv Sena president Eknath Shinde said he never leaves an operation incomplete.

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

Rediff.com21 Mar 2026

Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.

Axis Bank Teams Up with DP World PGTI to Support Indian Golf

Axis Bank Teams Up with DP World PGTI to Support Indian Golf

Rediff.com21 Mar 2026

Axis Bank has partnered with the DP World Professional Golf Tour of India (DP World PGTI) as its official banking partner, aiming to strengthen professional golf in India.

India Slams Pakistan At UN, Calls It 'Frankenstein State'

India Slams Pakistan At UN, Calls It 'Frankenstein State'

Rediff.com19 Jun 2026

India strongly criticised Pakistan at the United Nations, labelling it a "Frankenstein state" for its alleged support of terrorism. The remarks came after Pakistan and the OIC raised the Kashmir issue, which India firmly rejected, reiterating Jammu and Kashmir's integral status. India also deemed the Indus Water Treaty "outdated" given Pakistan's policies.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

IPL Betting Racket Busted In Indore; Eight Arrested

IPL Betting Racket Busted In Indore; Eight Arrested

Rediff.com27 May 2026

Indore police busted a gang allegedly involved in online betting on Indian Premier League (IPL) matches, arresting eight individuals, including an IT professional and a bank official.

ED probes 5,300 Indian SIMs used in Cambodia-based cyber fraud

ED probes 5,300 Indian SIMs used in Cambodia-based cyber fraud

Rediff.com8 Jun 2026

The Enforcement Directorate is investigating a large-scale cyber fraud operation involving 5,300 Indian SIM cards used from Cambodia by a Malaysian national-led gang, duping people of hundreds of crores. The probe follows raids in Rajasthan and Punjab, identifying 30 bank accounts linked to the fraud.

India's forex reserves drop $711 mn to $681.61 bn

India's forex reserves drop $711 mn to $681.61 bn

Rediff.com12 Jun 2026

India's foreign exchange reserves decreased by $711 million to $681.61 billion for the week ending June 5, primarily driven by a significant reduction in foreign currency assets, according to the Reserve Bank of India (RBI).

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

Rediff.com30 Mar 2026

'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.

ED to move Supreme Court against clean chit to NewsClick in PMLA case

ED to move Supreme Court against clean chit to NewsClick in PMLA case

Rediff.com11 Jun 2026

The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com12 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

Jalen Brunson leads Knicks to first NBA Championship since 1973

Jalen Brunson leads Knicks to first NBA Championship since 1973

Rediff.com14 Jun 2026

The New York Knicks have won their first NBA championship since 1973, defeating the San Antonio Spurs 90-94. Jalen Brunson led the Knicks with 45 points, securing the best-of-seven NBA Finals in five games after a dominant postseason run.

In historic revolt, TMC rebels oust Mamata as chairperson, install Arup Roy

In historic revolt, TMC rebels oust Mamata as chairperson, install Arup Roy

Rediff.com22 Jun 2026

In a bid to wrest control of the Trinamool Congress, its rebel faction led by Leader of the Opposition Ritabrata Banerjee on Monday elected MLA Arup Roy as chairperson, marking the sharpest challenge yet to the authority of party founder Mamata Banerjee.

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Rediff.com17 Jun 2026

Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Rediff.com19 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Rediff.com8 Jun 2026

A former industries extension officer in Thiruvananthapuram has been arrested by the Vigilance and Anti-Corruption Bureau (VACB) for allegedly misappropriating Rs 3.57 crore from a self-employment scheme for women. The officer, Praveen Raj T R, is also implicated in two other similar cases involving significant amounts.

Delhi Court Remands Man In D-Company, ISI Nexus Probe

Delhi Court Remands Man In D-Company, ISI Nexus Probe

Rediff.com4 Jun 2026

A Delhi court has remanded Huzaifa Farooque Ahmed Hashmi to five days' police custody following his arrest by the Delhi Police Special Cell and Maharashtra ATS. He is accused of having links with a D-Company operative and Pakistan's ISI, with investigators presenting evidence of his contact with a Pakistan-based operative. The case is part of a broader probe into the alleged Mumbai underworld-Pakistan ISI nexus.

Unlicensed Boats Blamed For Deadly Capsizing In Beed

Unlicensed Boats Blamed For Deadly Capsizing In Beed

Rediff.com11 Jun 2026

Boat services at Purushottampuri, a pilgrimage site in Beed district, have been suspended after a capsizing incident killed two women. Local residents allege that many private operators run services without proper licences or safety equipment.

Four Sentenced in Bank of India Forged Letter of Credit Case

Four Sentenced in Bank of India Forged Letter of Credit Case

Rediff.com18 Mar 2026

A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.

How Telangana Police Cracked Online Betting Racket

How Telangana Police Cracked Online Betting Racket

Rediff.com1 Jun 2026

Telangana CID arrests 11 individuals, including an Afghan national, for allegedly operating online betting across multiple states through the Dafabet platform. The investigation revealed a complex network of mule accounts and a coordinated multi-state criminal operation.

D-Company-ISI Nexus: Thane Court Grants Transit Remand For Suspect

D-Company-ISI Nexus: Thane Court Grants Transit Remand For Suspect

Rediff.com4 Jun 2026

A Thane court has granted transit remand for Huzaifa Farooque Ahmed Hashmi, arrested for alleged links to a D-Company operative and Pakistan's ISI. Investigators presented evidence of his contact with a Pakistan-based operative and his association with Mumbai underworld figure Munna Jhingada, as agencies probe the alleged underworld-ISI nexus.

Why FPIs pulled out Rs 43,000 cr in first week of June

Why FPIs pulled out Rs 43,000 cr in first week of June

Rediff.com7 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn nearly Rs 43,000 crore from Indian equities in the first week of June, contributing to a total outflow of Rs 2.67 lakh crore in 2026, driven by a global shift towards technology and AI-linked opportunities and persistent rupee depreciation.

Two held for providing bank accounts to investment scam cyber fraudsters in Gurugram

Two held for providing bank accounts to investment scam cyber fraudsters in Gurugram

Rediff.com24 Mar 2026

Two individuals have been arrested in Gurugram for allegedly providing bank accounts to cyber fraudsters involved in an investment scam that defrauded victims of approximately Rs 1.09 crore.

RBI Plans New UPI Safety Checks

RBI Plans New UPI Safety Checks

Rediff.com2 Jun 2026

Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

Rediff.com17 Apr 2026

HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.

Stock markets recover on buying in IT, PSU bank stocks

Stock markets recover on buying in IT, PSU bank stocks

Rediff.com20 Mar 2026

Indian equity markets experienced a volatile session, with the Sensex and Nifty recovering some ground after a significant plunge the previous day. Gains were driven by PSU bank, IT, and metal stocks, but concerns over rising fuel prices and geopolitical tensions limited the recovery.

Illegal Call Centre Busted In Goa, 26 Arrested

Illegal Call Centre Busted In Goa, 26 Arrested

Rediff.com29 May 2026

Goa Police dismantled an illegal call centre in Verna Industrial Estate, arresting 26 individuals for allegedly defrauding US citizens by posing as bank employees.