Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Poor families, she said, cut corners on their own needs to pay for coaching and fees, and when their child clears JEE, it's the happiest day the family has had in years. So why, she asked, her voice already starting to climb, does the same system that we're told is the best in the country keep pushing those very students toward what she called 'institutional deaths'?
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
A forest department employee was allegedly hacked to death with an axe in the Tanda forest in Haldwani following an argument with his associate, police said.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
I don't understand how someone so deeply moral can watch young people gather at Jantar Mantar, demanding accountability after another devastating NEET paper leak, and not ask why they have reached that point. I don't understand how Sonam Wangchuk has to sit on a hunger strike to make the country listen. I don't understand how students asking for responsibility from those entrusted with their futures are met with force instead of answers.
Police in Meerut, Uttar Pradesh, have arrested the prime accused in the murder of a 20-year-old woman. The victim's body was found in a forest after she was reported missing.
Police in Meerut, Uttar Pradesh, have arrested the prime accused in the murder of a 20-year-old woman. The victim's body was found in a forest after she was reported missing.
The Internet only wants to sell you the winning part. The masterclass, the framework, the seven habits. Nobody sells you the story of losing.
A 14-year-old girl, missing for a month, has been found in Gurugram. Police have arrested an individual from Rajasthan and charged him under the Protection of Children from Sexual Offences Act.
92 per cent of Indians claim to be happy in their relationships, yet 57 per cent suffer from deep loneliness.
92 per cent of Indians claim to be happy in their relationships, yet 57 per cent suffer from deep loneliness.
'Banking is the only sector that can see double-digit growth in FY27.'
A Class 8 student in Bengaluru died by suicide, with her parents alleging harassment and humiliation by school staff. The education department has launched an inquiry into the incident, which occurred after the girl and classmates complained about a teacher's harsh behaviour.
It's absolutely okay for two partners in a relationship to be widely different in their likes and dislikes, says rediffGURU Anu Krishna.
"If you share a healthy relationship with your parents, let them know that while they are searching, you are open to meeting other men," counsels rediffGURU Shalini Singh, founder of andwemet, an online matchmaking service.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
Riya tells Divya Nair how a brief separation from her husband gave her clarity and encouraged her to make peace with her mother-in-law.
Delhi Chief Minister Rekha Gupta has instructed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget. She also appealed to the public to take precautions during the ongoing heatwave.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely
India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.
Switzerland will host the next global AI summit in June 2027 in Geneva, aiming to establish stable processes for AI governance and promote its responsible use. Building on previous summits, including one in New Delhi, the event will focus on AI as a driver of prosperity and human-centred innovation, bringing together governments, organisations, and civil society to address global challenges.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.
An alleged shooter from gangster Deepak Nandal's gang was killed, and another was injured, in an encounter with Gurugram police. The shooters were arrested in Punjab for firing at the house of singer Rahul Fazilpuria's event organiser.
Authorities in Gurugram demolished the property of a criminal, Indrajit, built on encroached government land in Badshahpur village. The demolition was ordered after it was found that the construction was illegal and built without permission.
The technology startup ecosystem in India attracted $7.2 billion in funding during the first half of calendar year 2026, marking a 12 per cent year-on-year (Y-o-Y) increase. However, even as funding increased, deal count fell sharply, according to a report by market intelligence platform Tracxn.
Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
A 23-year-old man, Aman, has been arrested in Gurugram for allegedly murdering his elder brother, Ashish, following an argument about Ashish's drinking habit. The incident occurred on May 31, and Aman confessed to striking his brother with a brick and a spade.
...exceeding their 49,340 crore equity selloff.
With political divisions dominating conversations, can couples with opposing views stay together?
A young woman in Kanpur, Uttar Pradesh, staged a dramatic Sholay-style protest by climbing a high-tension transmission tower to demand her jailed husband's release.
Gurugram police detained 226 people for allegedly consuming alcohol in public places during a special late-night drive aimed at curbing crime and tightening security across the city.
You don't need to justify your boundaries to your boss, counsels rediffGURU Ravi Mittal, CEO of the online dating website Quack Quack and Rebounce, a matrimony platform.
An Indian man, Avinash Narne, has been charged with first-degree murder in the US state of Washington, almost nine months after his wife, Raajitha Sabbineni, was found dead. Prosecutors allege Narne premeditated the strangulation, staged the crime scene, and had a secret romantic relationship with another woman in India, to whom he allegedly sent photos of his wife's body.
Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.
