News for 'Finance'

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

Rediff.com11 Jun 2026

India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.

'US Thought They Could Pressurise India'

'US Thought They Could Pressurise India'

Rediff.com29 Jun 2026

'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'

Vijay's government to hold social justice survey, move court for financial devolution

Vijay's government to hold social justice survey, move court for financial devolution

Rediff.com18 Jun 2026

Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.

Can SIPs Help You Live Debt-Free?

Can SIPs Help You Live Debt-Free?

Rediff.com18 Jun 2026

A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com29 Jun 2026

Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.

Bengal's mid-day meal shift sparks fresh egg vs veg debate

Bengal's mid-day meal shift sparks fresh egg vs veg debate

Rediff.com26 Jun 2026

The move has sparked a political row, with the opposition accusing the BJP of promoting a vegetarian agenda.

Maruti Launches RD-Backed Car Loan

Maruti Launches RD-Backed Car Loan

Rediff.com6 Jun 2026

The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.

Why Smallcaps Are Winning The Market Battle

Why Smallcaps Are Winning The Market Battle

Rediff.com26 Jun 2026

The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.

Crude falls back to Feb levels: What is stopping a fuel price cut?

Crude falls back to Feb levels: What is stopping a fuel price cut?

Rediff.com25 Jun 2026

Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Rediff.com8 Jun 2026

Jay Mishra, a key accused and associate of the owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court. Mishra is implicated in the hotel's operations and lack of security, with the police probe widening to examine his and the owner's roles in the tragedy.

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Rediff.com24 Jun 2026

Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Rediff.com18 Jun 2026

The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Rediff.com19 Jun 2026

The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.

Delhi Hotel Fire: Key Accused Jay Mishra Surrenders

Delhi Hotel Fire: Key Accused Jay Mishra Surrenders

Rediff.com8 Jun 2026

Jay Mishra, a key accused and associate of the hotel owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court and been remanded to police custody. Mishra is believed to have played a crucial role in the hotel's operations, and his arrest is a significant development in the ongoing investigation into the tragic blaze.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

CBI Uncovers Rs 661 Crore Government Funds Siphoning Scam

CBI Uncovers Rs 661 Crore Government Funds Siphoning Scam

Rediff.com7 Jun 2026

The CBI has conducted searches across Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from Haryana government departments and the Chandigarh administration. The probe targets public servants, bank officials, and a private consultancy, with a chargesheet already filed against some accused.

Father's Day: A Divorced Dad's Co-Parenting Journey

Father's Day: A Divorced Dad's Co-Parenting Journey

Rediff.com19 Jun 2026

When his marriage ended six years ago, Vishal Gokani worried about how his daughters would explain their family situation to friends. On Father's Day, the divorced father talks about co-parenting and how it has strengthened their bond.

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.

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.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com9 Jun 2026

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Rediff.com21 Jun 2026

India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Rediff.com16 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Stock markets today: Sensex, Nifty climb as global markets rally, crude oil prices cool

Stock markets today: Sensex, Nifty climb as global markets rally, crude oil prices cool

Rediff.com16 Jun 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.

AI Learning Breaks Engineering Barriers

AI Learning Breaks Engineering Barriers

Rediff.com19 Jun 2026

AI is no longer a tool only for software engineers and technology teams.

Ram Temple funds row: SP seeks removal of trust members, probe by SC judges

Ram Temple funds row: SP seeks removal of trust members, probe by SC judges

Rediff.com14 Jun 2026

The Uttar Pradesh government has formed a Special Investigation Team (SIT) to probe alleged irregularities in the Ram temple donation funds, a move welcomed by the Ram Mandir Construction Committee chairperson. The trust itself requested the inquiry to counter misinformation, while an opposition MP demanded a Supreme Court judge-led investigation.

Father's Day: Fathers Of 18 Famous Indians

Father's Day: Fathers Of 18 Famous Indians

Rediff.com21 Jun 2026

Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.

SIT questions Ram temple trust officials over donation theft allegations

SIT questions Ram temple trust officials over donation theft allegations

Rediff.com17 Jun 2026

A Special Investigation Team (SIT) formed by the Uttar Pradesh government has questioned Shri Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai and administrator Gopal Rao regarding allegations of donation money theft and financial mismanagement at the Ram temple in Ayodhya.

WPL, WC triumph driving India's growing depth in women's cricket, says Hussain

WPL, WC triumph driving India's growing depth in women's cricket, says Hussain

Rediff.com11 Jun 2026

Nasser Hussain says India's Women's Premier League and ODI World Cup triumph have created an "unstoppable force" in women's cricket, boosting talent depth and inspiring the next generation of players.

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

Parliamentary panel flags recurring exam irregularities, seeks reforms

Parliamentary panel flags recurring exam irregularities, seeks reforms

Rediff.com16 Jun 2026

A parliamentary committee has voiced concerns over ongoing examination irregularities despite government measures, recommending the Ministry of Education publish a time-bound roadmap for reforms. The panel also urged a nationwide blacklist of firms involved in exam processes and suggested utilising the National Testing Agency's financial surplus to enhance its capabilities.

Punjab Police Nabs Shopkeeper Murder Accused In J&K

Punjab Police Nabs Shopkeeper Murder Accused In J&K

Rediff.com7 Jun 2026

Punjab Police, in a joint operation with Jammu and Kashmir Police, have arrested two shooters allegedly involved in the murder of a Ferozepur shopkeeper. The accused, identified as Vishnu Kumar and Rahul Mahawar, were apprehended in J&K following an extensive investigation and an operation named 'Hill Trap'. Police also recovered a pistol and are now probing the larger conspiracy behind the killing.

Tender Scam Blows Lid Off Bihar Corruption

Tender Scam Blows Lid Off Bihar Corruption

Rediff.com19 Jun 2026

'As the Bihar government's focus is on development and infrastructure projects worth thousands of crores, Rishu Sinha created a network to pay a decent commission to government officials for securing tenders.'

UK intercepts Russian shadow fleet tanker in English Channel

UK intercepts Russian shadow fleet tanker in English Channel

Rediff.com14 Jun 2026

British armed forces, including Royal Marine Commandos, intercepted the Russian shadow fleet oil tanker SMYRTOS in the English Channel, marking the UK's first such operation. The action aims to disrupt Russia's funding for its war in Ukraine, with the UK government highlighting the shadow fleet's role in sustaining Moscow's military efforts.

Why Rupee's Pain Is Self-Inflicted

Why Rupee's Pain Is Self-Inflicted

Rediff.com9 Jun 2026

Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.

Shiv Sena at 60: Uddhav group fights for existence, Shinde's for relevance

Shiv Sena at 60: Uddhav group fights for existence, Shinde's for relevance

Rediff.com19 Jun 2026

As the Shiv Sena marks 60 years, political experts highlight the Uddhav Thackeray-led faction's existential crisis and the Eknath Shinde-led group's struggle for relevance in the face of a dominant BJP, a significant shift from the party's historical 'elder brother' status in Maharashtra.

Stock markets today: Sensex, Nifty Climb in Early Trade

Stock markets today: Sensex, Nifty Climb in Early Trade

Rediff.com5 Jun 2026

Indian stock market benchmarks, Sensex and Nifty, saw gains in early trading, driven by anticipation surrounding the Reserve Bank of India's monetary policy decision, despite mixed global cues and significant FII outflows.

Saurabh Mukherjea Podcast: Indian Middle Class Is In Crisis: What Next?

Saurabh Mukherjea Podcast: Indian Middle Class Is In Crisis: What Next?

Rediff.com12 Jun 2026

AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.