News for 'Current Account'

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Rediff.com16 May 2026

A Nigerian national was arrested in Delhi by the Uttar Pradesh STF for allegedly creating fake profiles of US and UK citizens on social media and cheating victims on the pretext of sending expensive gifts and foreign currency.

From hills to Jungal Mahal, TMC draws a blank in 29 Bengal districts

From hills to Jungal Mahal, TMC draws a blank in 29 Bengal districts

Rediff.com5 May 2026

The BJP achieved a clean sweep in nine districts of West Bengal, securing all 68 seats in these regions during the recent election. This victory marks a significant shift in the state's political landscape, ending the Trinamool Congress's 15-year rule and establishing the BJP's dominance.

AI Impact: Scientific Paper Submissions Surge, Quality Dips

AI Impact: Scientific Paper Submissions Surge, Quality Dips

Rediff.com6 May 2026

A new study reveals a significant increase in the use of artificial intelligence (AI) in scientific paper submissions since the release of ChatGPT, accompanied by a decline in writing quality. The research, focusing on submissions to the journal Organization Science, highlights the strain on the peer-review system and questions the benefits of AI for non-native English speakers and new field entrants.

CBSE Slashes Revaluation Fees

CBSE Slashes Revaluation Fees

Rediff.com18 May 2026

The fee cuts come amid an outcry over CBSE's first full-scale rollout of the Online Scoring Mechanism for Class 12 examinations, with students, parents, and some teachers alleging unusually low marks, unchecked answers, and discrepancies between expected and awarded scores.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

India's current account deficit narrows to $1.4 bn

India's current account deficit narrows to $1.4 bn

Rediff.com13 Mar 2020

The CAD is a critical indicator of the macroeconomic health and represents the gap between the overall foreign exchange expended and received in the economy.

Sun Pharma US generics biz remains under pressure

Sun Pharma US generics biz remains under pressure

Rediff.com23 May 2026

Sun Pharmaceutical Industries reported strong consolidated numbers for Q4 FY26, with net profit rising 26 per cent year-on-year to 2,714 crore, despite continued weakness in its US generics business. Growth in innovative medicines and increased R&D investments are helping to offset these pressures.

PF Withdrawal Through ATM, UPI Soon

PF Withdrawal Through ATM, UPI Soon

Rediff.com13 May 2026

The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.

Iran blames UAE after BRICS ministers fail to agree on joint declaration

Iran blames UAE after BRICS ministers fail to agree on joint declaration

Rediff.com16 May 2026

The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.

ED Moves To Take Custody Of Godman In Money Laundering Probe

ED Moves To Take Custody Of Godman In Money Laundering Probe

Rediff.com2 May 2026

The Enforcement Directorate (ED) has approached a special PMLA court in Mumbai seeking a production warrant against Ashok Kharat, a self-styled godman and astrologer, in connection with a money laundering case linked to rape and fraud allegations.

SP Leader Azam Khan Sentenced To Jail For Remarks Against Officials

SP Leader Azam Khan Sentenced To Jail For Remarks Against Officials

Rediff.com16 May 2026

A court in Uttar Pradesh sentenced Samajwadi Party leader Azam Khan to two years in jail for making objectionable remarks against government officials during the 2019 Lok Sabha poll campaign.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

Autopsy confirms Twisha died due to hanging, injuries found on body

Autopsy confirms Twisha died due to hanging, injuries found on body

Rediff.com20 May 2026

The post-mortem report of Twisha Sharma, who died in Bhopal, indicates 'antemortem hanging by ligature' as the cause of death, along with multiple blunt force injuries. Police investigation and family accusations continue.

ED Moves To Take Custody Of Godman Ashok Kharat

ED Moves To Take Custody Of Godman Ashok Kharat

Rediff.com1 May 2026

The Enforcement Directorate (ED) has requested a special PMLA court in Mumbai to issue a production warrant against Ashok Kharat, a self-styled godman-cum-astrologer, who is accused of rape and fraud and is currently in police custody in Nashik district, in connection with a money laundering case.

Why Gulf States Now Need India

Why Gulf States Now Need India

Rediff.com15 May 2026

India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.

Three Arrested in Delhi for Facilitating 'Digital Arrest' Fraud

Three Arrested in Delhi for Facilitating 'Digital Arrest' Fraud

Rediff.com18 Mar 2026

Delhi Police have arrested three individuals for their alleged involvement in facilitating a 'digital arrest' fraud racket, which resulted in a Paschim Vihar resident being defrauded of Rs 14.2 lakh.

How Hyderabad Police Is Tackling Cyber Fraud

How Hyderabad Police Is Tackling Cyber Fraud

Rediff.com23 Apr 2026

Hyderabad Police Commissioner V C Sajjanar convened a meeting with bankers to address the misuse of bank accounts in cyber frauds and implement preventative measures, following 'Operation Octopus' which dismantled cyber fraud networks and led to arrests of complicit bank officials.

Prateek Yadav, Mulayam Singh's Son, Dies Aged 38

Prateek Yadav, Mulayam Singh's Son, Dies Aged 38

Rediff.com13 May 2026

Prateek Yadav, the younger son of Samajwadi Party founder Mulayam Singh Yadav and stepbrother of Akhilesh Yadav, has died in Lucknow at the age of 38 after suddenly falling ill. Despite his family's political prominence, Prateek remained outside active politics, while his wife, Aparna Bisht Yadav, is a member of the BJP.

Current account deficit to narrow to 0.5% of GDP

Current account deficit to narrow to 0.5% of GDP

Rediff.com20 Jan 2016

The report noted that export volumes are likely to remain sluggish.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

What We Know About Prateek Yadav's Death

What We Know About Prateek Yadav's Death

Rediff.com13 May 2026

Prateek Yadav, the younger son of Samajwadi Party founder Mulayam Singh Yadav and stepbrother of Akhilesh Yadav, has died in Lucknow at the age of 38. Although not involved in active politics, his wife Aparna Bisht Yadav is a member of the BJP.

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

How India brought down the current account deficit

How India brought down the current account deficit

Rediff.com9 Dec 2013

While euphoria over the Iran deal has waned sharply, the current account deficit has gone into remission due to a collapse in gold demand.

Bhojshala case: Disputed structure built from temples' remains, ASI tells HC

Bhojshala case: Disputed structure built from temples' remains, ASI tells HC

Rediff.com6 May 2026

The Archaeological Survey of India (ASI) has informed the Madhya Pradesh High Court that a massive structure dating back to the Parmar kings existed at the Bhojshala temple-Kamal Maula mosque complex, and the current structure was built from the remains of temples.

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Rediff.com26 Apr 2026

A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.

'Withdraw PPF And Invest In Stocks?'

'Withdraw PPF And Invest In Stocks?'

Rediff.com17 Apr 2026

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

UP Police Bust Inter-State Cyber Fraud Syndicate

UP Police Bust Inter-State Cyber Fraud Syndicate

Rediff.com19 Apr 2026

Uttar Pradesh Police have uncovered an inter-state cyber fraud syndicate with suspected links to Nepal and Chinese handlers, arresting five people in Bareilly district.

Money Heist Season 6 Netflix: Universe Returns with Berlin Spinoff Season 2 on May 15

Money Heist Season 6 Netflix: Universe Returns with Berlin Spinoff Season 2 on May 15

Rediff.com11 May 2026

Netflix has announced the continued expansion of the globally popular Money Heist (La Casa de Papel) universe, teasing new content and confirming the franchise's future beyond its existing spin-offs and the upcoming Berlin prequel.

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Rediff.com17 May 2026

Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.

Uber and Flipkart Team Up: Earn Rewards on Rides with SuperCoins

Uber and Flipkart Team Up: Earn Rewards on Rides with SuperCoins

Rediff.com15 Apr 2026

Flipkart and Uber have announced a partnership to integrate Flipkart's SuperCoins reward programme into Uber's mobility services, allowing users to earn rewards on rides.

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Rediff.com15 May 2026

With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.

Four Arrested For Duping Woman With England Promise

Four Arrested For Duping Woman With England Promise

Rediff.com21 Apr 2026

Faridabad police have arrested four individuals from Patna for allegedly defrauding a woman of over Rs 2.5 lakh by promising to take her to England. The accused, who operated three accounts used in the cybercrime, are in police custody and being questioned.

Man Arrested For Derogatory Social Media Posts Against BJP MLA

Man Arrested For Derogatory Social Media Posts Against BJP MLA

Rediff.com28 Apr 2026

A 32-year-old man from Barabanki has been arrested for allegedly posting objectionable remarks on social media against BJP MLA Anupama Jaiswal, who sustained injuries while burning effigies of opposition leaders at a public event.

How India can ease the current account deficit

How India can ease the current account deficit

Rediff.com17 Jun 2013

The wide current account deficit is structural in nature and only structural responses will work, says Subir Gokarn.

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com18 May 2026

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

Bihar DGP: Gang Rape Cases More Common Now

Bihar DGP: Gang Rape Cases More Common Now

Rediff.com12 May 2026

Bihar DGP Vinay Kumar expressed concern over the increasing frequency of gang-rape incidents in the state, attributing it to growing social tolerance and calling for stricter implementation of laws and a change in mindset.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com16 May 2026

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

Uber and Flipkart Team Up to Reward Riders with SuperCoins

Uber and Flipkart Team Up to Reward Riders with SuperCoins

Rediff.com15 Apr 2026

Flipkart and Uber have announced a partnership to integrate Flipkart's 'SuperCoins' reward programme into Uber's mobility services, allowing users to earn rewards on rides.

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.

Mumbai Constable Loses Lakhs In Loan Fraud After Phone Hack

Mumbai Constable Loses Lakhs In Loan Fraud After Phone Hack

Rediff.com20 Apr 2026

A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.