News for 'Dominic Xavier'

Direct Tax Collection Jumps 13.21% to Rs 13.38 Lakh Crore by Mid-October

Direct Tax Collection Jumps 13.21% to Rs 13.38 Lakh Crore by Mid-October

Rediff.com1 days ago

India's net direct tax collection witnessed a robust 13.21 per cent increase, reaching approximately Rs 13.38 lakh crore between April 1 and October 14, primarily fuelled by a strong performance in corporate tax mop-up.

Reliance welcomes Starlink competition, insists on adherence to Indian laws

Reliance welcomes Starlink competition, insists on adherence to Indian laws

Rediff.com3 hours ago

Reliance Industries Ltd (RIL) has publicly welcomed competition from Elon Musk's Starlink in the satellite communications sector, asserting that all players, including Jio, must abide by Indian laws and policies.

Not invited to birthday party, neighbour kills UP teen

Not invited to birthday party, neighbour kills UP teen

Rediff.com2 days ago

A 17-year-old boy, Arjun alias Pankaj, was allegedly stabbed to death by his neighbour, Vishal Kumar, in Bareilly, Uttar Pradesh, on Monday night. The incident occurred after Vishal, reportedly drunk, created a ruckus for not being invited to a birthday party. When Arjun intervened, Vishal allegedly stabbed him multiple times. Villagers apprehended Vishal, who had also allegedly made casteist remarks, and handed him over to the police. Legal proceedings are underway.

IMF projects India's growth at 7% by FY27, citing strong domestic demand

IMF projects India's growth at 7% by FY27, citing strong domestic demand

Rediff.com2 days ago

The International Monetary Fund (IMF) has increased India's growth forecast to 7 per cent for 2026-27, up from 6.4 per cent, attributing this robust outlook to resilient domestic demand and strong services activity, positioning India as one of the fastest-growing major economies.

Rape Cases See A Surge After Nirbhaya

Rape Cases See A Surge After Nirbhaya

Rediff.com26 Sep 2026

The pendency of rape cases in courts rose from 83 per cent in 2013 to 89 per cent in 2024, while the conviction rate fell from 27 per cent to 23 per cent in the same period.

How To File EPFO Nomination

How To File EPFO Nomination

Rediff.com28 Sep 2026

Members should review their nomination after marriage, childbirth, or other changes in family circumstances. They can file a fresh e-signed nomination to replace an earlier one.

Nine Navratri Life Insurance Lessons

Nine Navratri Life Insurance Lessons

Rediff.com2 days ago

Here are nine lessons, one for each night of the Navratri festival, that can help any household think about protection clearly.

Nifty 50 Warning: Just 10 Stocks Above 200-DMA

Nifty 50 Warning: Just 10 Stocks Above 200-DMA

Rediff.com1 days ago

The 200-DMA is a closely watched indicator of a stock's long-term trend and can serve as an early warning of trouble.

Kerala Police Issue Warning On Rising Cyber Customer Care Scams

Kerala Police Issue Warning On Rising Cyber Customer Care Scams

Rediff.com3 Oct 2026

Keralam police have issued a public caution against cyber fraudsters who use fake customer care numbers of banks and e-commerce platforms to deceive individuals and steal their personal and financial information. Fraudsters post fake numbers online, then contact victims posing as support agents, asking them to install remote access apps or make small payments to gain access to sensitive data.

India-US Trade Talks Hit Roadblock

India-US Trade Talks Hit Roadblock

Rediff.com8 Oct 2026

While India and the US have narrowed their differences, the remaining issues will be the hardest to resolve

Travelling Without Cash: A Digital India Story

Travelling Without Cash: A Digital India Story

Rediff.com1 days ago

'The smartphone had become my boarding pass, my digital ID, my train ticket repository, my taxi booking tool and my payment instrument,' says Brijesh Haldia

How Wadhwani AI Uses AI To Predict Disease Outbreaks

How Wadhwani AI Uses AI To Predict Disease Outbreaks

Rediff.com2 days ago

Wadhwani AI is working on a 'vulnerability mapping' project which determines the probability of a disease breaking out in a particular area during a particular season or time.

Should My Friend Pay His Girlfriend's Bills?

Should My Friend Pay His Girlfriend's Bills?

Rediff.com4 days ago

There should be an open discussion about finances in a relationship, suggests rediffGURU Ravi Mittal, a dating coach and CEO of online dating website Quack Quack and Rebounce, a matrimony platform.

Congress Alleges Modi Govt Preparing For Another UPI U-Turn

Congress Alleges Modi Govt Preparing For Another UPI U-Turn

Rediff.com2 days ago

The Congress party has questioned the Modi government's decision to defer the Merchant Discount Rate (MDR) on UPI transactions, alleging a potential "U-turn on the U-turn." Congress general secretary Jairam Ramesh highlighted previous denials by the finance minister regarding MDR imposition, only for it to be announced later and now deferred. He expressed concerns about future charges on UPI transactions.

'You Can't Ignore America'

'You Can't Ignore America'

Rediff.com3 days ago

'Indian IT firms must hire and train more Americans while reducing dependence on sending employees from India to the US.'

'I'm In Love With A Mother Of A Two Year Old'

'I'm In Love With A Mother Of A Two Year Old'

Rediff.com5 Oct 2026

'This is a very dangerous situation where the chances of your getting hurt are almost 100 per cent,' warns rediffGURU Ravi Mittal, a dating coach and CEO of online dating website Quack Quack and Rebounce, a matrimony platform.

Why Retailers Are Protesting New UPI MDR Charges

Why Retailers Are Protesting New UPI MDR Charges

Rediff.com30 Sep 2026

The All India Mobile Retailers Association (AIMRA) has announced a nationwide 'No UPI Day' protest on October 2 against the proposed 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Retailers argue that this charge will burden small businesses and impact their already thin profit margins, urging policymakers to withdraw the proposal.

Global Factors Drive Rs 44,166 Crore FPI Outflow from Indian Equities in October

Global Factors Drive Rs 44,166 Crore FPI Outflow from Indian Equities in October

Rediff.com5 days ago

Foreign Portfolio Investors (FPIs) have withdrawn Rs 44,166 crore from Indian equities in October, pushing the total outflows for the year past Rs 3 lakh crore, driven by elevated crude oil prices, a stronger US dollar, higher US bond yields, and the allure of AI-led rallies in North Asian markets.

Global Headwinds Drive FPIs to Pull Rs 35,860 Crore from Indian Equities

Global Headwinds Drive FPIs to Pull Rs 35,860 Crore from Indian Equities

Rediff.com2 Oct 2026

Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.

'If You Are Facing Ragging Or Discrimination...'

'If You Are Facing Ragging Or Discrimination...'

Rediff.com2 Oct 2026

Imran Ahmed Khan, who studied at the Government College of Engineering, Amravati (2002 batch) and is currently employed with Aramco, had this advice to share with today's students.

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

Rediff.com6 Oct 2026

The Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.

NPCI Defers UPI MDR On Transactions Over Rs 2,000

NPCI Defers UPI MDR On Transactions Over Rs 2,000

Rediff.com3 days ago

The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant UPI transactions above Rs 2,000. Originally set for October 15, the new date will be announced after Diwali, providing relief to users and merchants, especially during the festive season. The decision came amidst opposition concerns about the levy burdening consumers.

Keralam: 5 posing as cops abduct, gang-rape woman after attacking friend

Keralam: 5 posing as cops abduct, gang-rape woman after attacking friend

Rediff.com1 Oct 2026

Five individuals have been arrested in Thrissur, Keralam, for the alleged abduction and gang-rape of a woman. The incident involved the gang posing as police officers, assaulting her male friend, and then sexually assaulting the woman. The man's wife is suspected of orchestrating the crime.

Kerala Assembly Passes Motion Against UPI MDR

Kerala Assembly Passes Motion Against UPI MDR

Rediff.com17 hours ago

The Kerala Legislative Assembly has passed a motion urging the central government to completely withdraw the proposed Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Chief Minister V D Satheesan and CPI MLA K Rajan highlighted concerns that the MDR would increase business costs, harm small businesses, and reduce the appeal of digital payments, while the BJP argued it would not affect general public or small merchants.

How Much Did FPIs Sell In September?

How Much Did FPIs Sell In September?

Rediff.com8 Oct 2026

They had bought Rs 29,631 crore worth of shares in August.

RBI's Rate Decision, Crude Oil, Global Bond Yields to Drive Market Trends

RBI's Rate Decision, Crude Oil, Global Bond Yields to Drive Market Trends

Rediff.com4 Oct 2026

Analysts predict that the Reserve Bank of India's interest rate decision, crude oil prices, and global bond yields will be the primary factors influencing the Indian stock market this week, alongside macroeconomic data and foreign investor activity.

FPI Outflows Hit Record Rs 3 Trillion In 2026

FPI Outflows Hit Record Rs 3 Trillion In 2026

Rediff.com2 days ago

Sustained selling by foreign investors is weighing on domestic equities, with the benchmark Sensex and Nifty 50 down 15.60 per cent and 14.4 per cent, respectively, this year.

POCSO accused teacher dies after jumping from Bengaluru SP office

POCSO accused teacher dies after jumping from Bengaluru SP office

Rediff.com21 Sep 2026

A 49-year-old physical education teacher, Shashidhar, accused of sexually assaulting children, died after jumping from the third floor of the Bengaluru South district Superintendent of Police's office complex in Ramanagara. He was arrested under the POCSO Act, and the incident, captured on CCTV, occurred while he was being escorted for judicial custody procedures.

Active Vs Passive Funds: How To Choose?

Active Vs Passive Funds: How To Choose?

Rediff.com4 hours ago

Active and passive funds offer different advantages across market-cap segments, making a mix of both a sensible portfolio strategy.

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Rediff.com7 Oct 2026

Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com22 hours ago

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

India's services sector growth hits 3-month high in September on strong domestic demand

India's services sector growth hits 3-month high in September on strong domestic demand

Rediff.com6 Oct 2026

India's services sector experienced its strongest growth in three months in September, with the HSBC India Services PMI Business Activity Index rising to 55.2, driven by a sharp increase in new orders and strengthening domestic demand.

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

Rediff.com6 Oct 2026

India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.

SME IPOs struggle with negative returns as mainboard issues thrive

SME IPOs struggle with negative returns as mainboard issues thrive

Rediff.com6 Oct 2026

Small and medium enterprise (SME) initial public offerings (IPOs) in India are significantly underperforming mainboard listings, with 81 out of 161 SME IPOs trading below their issue price this year, and a median return of -0.2 per cent compared to a 24 per cent gain for mainboard issues.

Delhi teen murdered over social media remarks; juvenile among two held

Delhi teen murdered over social media remarks; juvenile among two held

Rediff.com7 Sep 2026

A 19-year-old man was stabbed to death in northeast Delhi's Jafrabad area following a dispute over an abusive social media comment. Police have apprehended two individuals, including a juvenile, in connection with the murder. The victim and one of the accused were co-workers.

UPI MDR Framework Needs Rationalisation to Protect Public Trust: IIT Bombay Report

UPI MDR Framework Needs Rationalisation to Protect Public Trust: IIT Bombay Report

Rediff.com4 days ago

A report by IIT Bombay suggests that the proposed Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions needs rationalisation before implementation to safeguard public trust in the digital payments system, highlighting that UPI's long-term economic benefits outweigh potential incremental income from merchant fees.

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

Rediff.com7 days ago

The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.

GST Mop-up Jumps 15% to Rs 2 Lakh Crore in August

GST Mop-up Jumps 15% to Rs 2 Lakh Crore in August

Rediff.com1 Sep 2026

India's gross Goods and Services Tax (GST) collections saw a significant 14.8 per cent year-on-year increase in August, reaching approximately Rs 2 lakh crore, with import revenue contributing substantially to this growth.

The Polio Warrior: 20 Years, One Mission

The Polio Warrior: 20 Years, One Mission

Rediff.com24 Aug 2026

Polio survivor Rupa Sahu has turned her disability into a mission to protect others and spent 20 years going door to door to vaccinate children against the dreaded disease.

Fusion CX Eyes Major Growth With AI, Prepares For IPO

Fusion CX Eyes Major Growth With AI, Prepares For IPO

Rediff.com3 Oct 2026

Customer experience firm Fusion CX is significantly investing in AI-enabled services and data infrastructure, aiming to increase its share in total turnover to 25% within 12-18 months. The company, which reported a turnover of Rs 1,818.13 crore in FY26, is preparing for an IPO of Rs 800-1,000 crore in October, driven by organic growth, acquisitions, and its AI strategy.