News for 'Finance'

Middle East conflict: ICC's finance committee discussions to be held virtually

Middle East conflict: ICC's finance committee discussions to be held virtually

Rediff.com2 days ago

The International Cricket Council (ICC) has cancelled its Board and committee meetings due to the ongoing military conflict in West Asia, according to a report by ESPNcricinfo on Tuesday.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Higher provisioning blurs Bajaj Finance outlook

Higher provisioning blurs Bajaj Finance outlook

Rediff.com5 Feb 2026

Brokerages were divided on Bajaj Finance after its 2025-26 (FY26) third-quarter (October-December/ Q3) results, with a few raising targets on valuation comfort, while others flagged concerns over the credit cost trajectory.

Sunetra Pawar gets 3 ministries, Fadnavis keeps finance

Sunetra Pawar gets 3 ministries, Fadnavis keeps finance

Rediff.com31 Jan 2026

Newly-appointed Maharashtra Deputy Chief Minister Sunetra Pawar has been allocated the portfolios of State Excise Duty, Sports and Youth Affairs and Minorities Development and Aukaf.

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com8 hours ago

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com7 hours ago

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

$3 Billion a Week: The Cost of Israel's Iran War

$3 Billion a Week: The Cost of Israel's Iran War

Rediff.com7 days ago

The Israeli Finance Ministry has warned that the ongoing war with Iran could cost Israel an estimated NIS 9.4 billion (USD 3 billion approximately) per week under current restrictions on economic activities.

'Can I Build Rs 2 Cr Corpus in 10 Years?'

'Can I Build Rs 2 Cr Corpus in 10 Years?'

Rediff.com2 days ago

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Markets extend losses on soaring crude prices, West Asia turmoil; Sensex tanks 800 pts

Markets extend losses on soaring crude prices, West Asia turmoil; Sensex tanks 800 pts

Rediff.com11 hours ago

Indian benchmark equity indices experienced a significant downturn, with the Sensex plummeting over 800 points and the Nifty falling sharply, driven by rising crude oil prices, geopolitical tensions, and foreign capital outflows.

India's employment outlook hits record high for Apr-Jun quarter: Report

India's employment outlook hits record high for Apr-Jun quarter: Report

Rediff.com2 days ago

A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.

How Punjab is Winning the Fight Against Drug Trafficking

How Punjab is Winning the Fight Against Drug Trafficking

Rediff.com3 days ago

Punjab's AAP government is aggressively tackling drug trafficking through strict enforcement, community involvement, and preventive education, resulting in significant arrests, seizures, and a high conviction rate.

40,000+ Government Posts Vacant in Jammu and Kashmir: What's Being Done?

40,000+ Government Posts Vacant in Jammu and Kashmir: What's Being Done?

Rediff.com2 days ago

The Jammu and Kashmir government is working to fill over 40,000 vacant posts across various departments, with a focus on health, education, and general administration.

India Adopts Balanced AI Regulatory Approach

India Adopts Balanced AI Regulatory Approach

Rediff.com3 Mar 2026

An Indian AI Research Organisation official says India has adopted a balanced and pragmatic approach to AI regulation, avoiding the extremes of the US and EU models.

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Rediff.com1 days ago

Indian stock market indices Sensex and Nifty experienced a significant decline, driven by rising crude oil prices, sustained foreign fund outflows, and selling pressure in major bank stocks.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com2 Mar 2026

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

EPFO Keeps EPF Interest Rate Unchanged at 8.25% for 2025-26

EPFO Keeps EPF Interest Rate Unchanged at 8.25% for 2025-26

Rediff.com2 Mar 2026

The Employees' Provident Fund Organisation (EPFO) has decided to maintain the interest rate on employees' provident fund (EPF) deposits at 8.25 per cent for the fiscal year 2025-26, marking the second consecutive year at this rate.

Court Official Assaulted During Foreclosure

Court Official Assaulted During Foreclosure

Rediff.com3 Mar 2026

A case has been registered against five people, including an 85-year-old man, for allegedly assaulting a woman court official during a flat foreclosure procedure in Thane, Maharashtra.

I-T Department Asks Brokers To Remit Excess STT

I-T Department Asks Brokers To Remit Excess STT

Rediff.com1 days ago

The tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.

Gambling Raid at IAS Officer's Farmhouse Leads to Suspensions

Gambling Raid at IAS Officer's Farmhouse Leads to Suspensions

Rediff.com1 days ago

Police raided the farmhouse of an IAS officer in Indore, Madhya Pradesh, detaining 18 people for alleged gambling and leading to the suspension of three police personnel.

Iran uses 'heaviest missiles' in 37th wave against Israel

Iran uses 'heaviest missiles' in 37th wave against Israel

Rediff.com1 days ago

Iran has launched a fresh wave of missile attacks against Israeli and United States-linked targets as the Islamic Revolutionary Guard Corps (IRGC) said it fired some of its heaviest missiles in the latest phase of its retaliatory campaign, while Israel Defence Forces alleged that many of the projectiles carried cluster bomb warheads.

The Radhika Gupta Rediff Podcast The CEO Who Cried in a Boardroom. Then Built an Empire.

The Radhika Gupta Rediff Podcast The CEO Who Cried in a Boardroom. Then Built an Empire.

Rediff.com2 Mar 2026

Meet Radhika Gupta, CEO and MD of Edelweiss Mutual Fund. One of the 20 global influencers on LinkedIn -- a list she shares with Prime Minister Narendra Modi. And perhaps one of the most candid and transparent voices in Indian finance today.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com5 hours ago

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

Rediff.com4 Mar 2026

The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Vishwajeet Jhawar, promoter of Marvel Group, following a petition by APRN Enterprises for outstanding debt.

Shirtless protest at AI Summit: Two more arrested, funds under lens

Shirtless protest at AI Summit: Two more arrested, funds under lens

Rediff.com27 Feb 2026

Delhi Police have arrested two more Indian Youth Congress workers in connection with a 'shirtless' protest at the AI Summit, bringing the total arrests to 14. Authorities are investigating the financial trail behind the protest, suspecting funds meant for Bihar Assembly elections may have been diverted.

Terms Relaxed For Chinese Investment, But India Wary About Security

Terms Relaxed For Chinese Investment, But India Wary About Security

Rediff.com17 hours ago

'It's a changing world and the opening up doesn't mean that concerns with regards to security have gone away.'

Asia on fire: Of finance, climate, cities in motion

Asia on fire: Of finance, climate, cities in motion

Rediff.com20 Jan 2026

The initial public offering (IPO) market in India last year was hot, with companies raising over $22 billion in 2025. But half of the 350-plus companies that listed on the stock exchange last year traded below their offer price, according to a new research report released by HSBC Global Investment Research - a sobering fact despite what otherwise looked like a rush of companies eager to list on the bourses.

Lakshmi, Durga And The Quiet Irony of Women's Day

Lakshmi, Durga And The Quiet Irony of Women's Day

Rediff.com3 days ago

Indian civilisation has long imagined wealth and power as feminine forces. And yet, when these qualities appear in real women, admiration sometimes gives way to discomfort, observes Vatsal Ramaiya.

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Rediff.com3 days ago

Chandigarh Police have launched an investigation into a fraud involving fake fixed deposit receipts (FDRs) worth 116.84 crore, allegedly issued by a private bank manager, impacting the Chandigarh municipal corporation's funds.

Everyday Heroine: She Balances Her Job And Her Passion

Everyday Heroine: She Balances Her Job And Her Passion

Rediff.com7 days ago

Thane-based Chitra Tambe, 28, opens up about how she juggles a full-time career and her growing passion while living in a joint family setup.

Platform partnerships gain ground in realty

Platform partnerships gain ground in realty

Rediff.com7 days ago

Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.

India's Young Women Face Employment Gap

India's Young Women Face Employment Gap

Rediff.com2 days ago

'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'

Aiyar versus Tharoor: Congress's men of letters in war of letters

Aiyar versus Tharoor: Congress's men of letters in war of letters

Rediff.com10 hours ago

A public exchange of open letters between Congress leaders Mani Shankar Aiyar and Shashi Tharoor reveals a significant rift over foreign policy, particularly concerning Israel and the Sabarimala temple issue.

Punjab Budget Prioritises Security and Surveillance

Punjab Budget Prioritises Security and Surveillance

Rediff.com4 days ago

The Punjab government has allocated Rs 11,577 crore to home affairs, justice, and jails in the 2026-27 budget, focusing on strengthening institutional capacity, technology-driven surveillance, and prison security.

The 5-Step Action Plan To Your First Rs 1 Crore

The 5-Step Action Plan To Your First Rs 1 Crore

Rediff.com3 days ago

From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners

Too early to comment on US tariff changes: Sitharaman

Too early to comment on US tariff changes: Sitharaman

Rediff.com23 Feb 2026

Finance Minister Nirmala Sitharaman stated that it is premature to comment on the tariff changes announced by the United States, adding that the commerce ministry is currently reviewing the situation.

How Couples Can Avoid Money Fights

How Couples Can Avoid Money Fights

Rediff.com25 Feb 2026

Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.

How Couples Can Avoid Money Fights

How Couples Can Avoid Money Fights

Rediff.com25 Feb 2026

Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.

Lok Sabha rejects Oppn motion to remove Om Birla as Speaker

Lok Sabha rejects Oppn motion to remove Om Birla as Speaker

Rediff.com1 days ago

The Lok Sabha rejected a resolution seeking the removal of Om Birla as Speaker by a voice vote amidst opposition protests and demands for an apology from Home Minister Amit Shah.