News for 'Finance'

India Relaxes Import Duties on Key Petrochemicals to Stabilise Supply Chains

India Relaxes Import Duties on Key Petrochemicals to Stabilise Supply Chains

Rediff.com2 Apr 2026

The Indian government has waived customs duty on critical petrochemical products until June 30 to ensure supply stability and provide relief to consumers amid disruptions caused by the crisis in West Asia.

Oil Price Tumbles as US-Iran Ceasefire Eases Geopolitical Tensions

Oil Price Tumbles as US-Iran Ceasefire Eases Geopolitical Tensions

Rediff.com8 Apr 2026

Crude oil prices experienced a significant drop following the announcement of a US-Iran ceasefire and the reopening of the Strait of Hormuz, leading to heavy selling by traders.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com8 Apr 2026

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

Gulf War: Stocks That Could Buck The Trend And Shine

Gulf War: Stocks That Could Buck The Trend And Shine

Rediff.com14 Apr 2026

10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.

Pakistan hikes fuel price by 200% amid Iran war

Pakistan hikes fuel price by 200% amid Iran war

Rediff.com23 Mar 2026

Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

PPF and NSC Interest Rates Unchanged for Eighth Consecutive Quarter

PPF and NSC Interest Rates Unchanged for Eighth Consecutive Quarter

Rediff.com30 Mar 2026

The Indian government has maintained the interest rates on small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026.

Russia offers to boost oil, gas supplies to India amidst West Asia turmoil

Russia offers to boost oil, gas supplies to India amidst West Asia turmoil

Rediff.com3 Apr 2026

Amidst global energy market volatility driven by the West Asia crisis, Russia has proposed increasing its crude oil and natural gas supplies to India, strengthening bilateral energy ties and aiming for USD 100 billion in annual trade by 2030.

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Rediff.com8 Apr 2026

The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

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

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

Rediff.com5 Mar 2026

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.

Govt ready with corrective steps: Union minister on West Asia conflict

Govt ready with corrective steps: Union minister on West Asia conflict

Rediff.com30 Mar 2026

The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.

Pakistan's deputy PM Ishaq Dar suffers hairline fracture after fall

Pakistan's deputy PM Ishaq Dar suffers hairline fracture after fall

Rediff.com30 Mar 2026

Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar sustained a hairline fracture in his shoulder after a fall during a reception for his Egyptian counterpart. Despite the injury, he continued with scheduled meetings throughout the day.

Indian-origin county judge convicted of money laundering in US

Indian-origin county judge convicted of money laundering in US

Rediff.com21 Mar 2026

An Indian-origin county judge in Texas, K P George, has been convicted of money laundering for misusing campaign funds, potentially leading to his removal from office.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

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.

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Rediff.com5 Apr 2026

Congress leader Rahul Gandhi has accused Assam Chief Minister Himanta Biswa Sarma of corruption and land grabbing, promising action if the Congress party wins the upcoming elections in Assam. Gandhi also criticised the BJP's governance and economic policies.

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Rediff.com31 Mar 2026

Jammu and Kashmir Chief Minister Omar Abdullah has affirmed his government's commitment to a transparent recruitment process, aiming to fill 25,000 vacancies this year while avoiding legal complications.

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Rediff.com27 Mar 2026

The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.

CoinDCX Co-founders Arrested in Alleged Cryptocurrency Fraud Case

CoinDCX Co-founders Arrested in Alleged Cryptocurrency Fraud Case

Rediff.com23 Mar 2026

Thane police have arrested CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in connection with an alleged fraud of Rs 71.6 lakh. The company claims the FIR is false and a conspiracy against them.

Stock Market Today March 30, 2026: Sensex tanks 1,636 points, Nifty50 Fall To 22,331

Stock Market Today March 30, 2026: Sensex tanks 1,636 points, Nifty50 Fall To 22,331

Rediff.com30 Mar 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for March 30, 2026.

'Am I On Track For Rs 8 Cr Retirement Fund?

'Am I On Track For Rs 8 Cr Retirement Fund?

Rediff.com7 Apr 2026

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

Sensex, Nifty Recover to Close Higher Amidst Rupee Rebound

Sensex, Nifty Recover to Close Higher Amidst Rupee Rebound

Rediff.com2 Apr 2026

Indian stock markets recovered from early losses to close higher, driven by value buying in IT and banking shares and a rebound in the rupee.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com3 Apr 2026

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Rediff.com3 Apr 2026

Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.

Will Iran Be Browbeaten By Trump's Threats?

Will Iran Be Browbeaten By Trump's Threats?

Rediff.com7 Apr 2026

Far from it; the country's resistance to the US, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East are driven by a constant search for independence and security. Thus, Iran will never capitulate. Trump will learn this home truth ultimately, and it is going to be a humbling personal experience that may even destroy his presidency, predicts Ambassador M K Bhadrakumar.

MF launches taper off in March in the midst of West Asia flare-up

MF launches taper off in March in the midst of West Asia flare-up

Rediff.com2 Apr 2026

Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

'Not the ending I planned': Oracle's mass layoffs spark online angst

'Not the ending I planned': Oracle's mass layoffs spark online angst

Rediff.com1 Apr 2026

Oracle Corporation has reportedly laid off thousands of employees globally, including a significant number in India, with affected individuals receiving early morning termination emails and immediate laptop lockouts, despite the company posting record quarterly revenues of $17.2 billion.

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

Rediff.com9 Dec 2025

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.

IndiGo's Profitability Under Pressure from Fuel, Rupee, and Geopolitical Headwinds

IndiGo's Profitability Under Pressure from Fuel, Rupee, and Geopolitical Headwinds

Rediff.com1 Apr 2026

InterGlobe Aviation (IndiGo) is experiencing significant financial pressure, with its stock falling 18 per cent since the start of the Iran war, due to rising Brent crude prices, a weakening rupee, and disruptions to its West Asia and European flight networks caused by geopolitical tensions.

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Rediff.com20 Mar 2026

Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

PSL matches hit by US-Iran crisis: Will IPL be affected?

PSL matches hit by US-Iran crisis: Will IPL be affected?

Rediff.com22 Mar 2026

The Pakistan Cricket Board (PCB) has announced that the initial stages of the Pakistan Super League (PSL) will be held without spectators due to regional tensions and government austerity measures.

This Ex-Cricketer Will Now Run RCB

This Ex-Cricketer Will Now Run RCB

Rediff.com25 Mar 2026

Aryaman Vikram Birla transitions from a promising cricket career to owning the Royal Challengers Bengaluru IPL team.

App Trap: Hidden Cost Of 'Free' Investing

App Trap: Hidden Cost Of 'Free' Investing

Rediff.com16 Mar 2026

In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.

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

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

Rediff.com10 Mar 2026

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

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

Modi calls for action to protect citizens from West Asia conflict impact

Modi calls for action to protect citizens from West Asia conflict impact

Rediff.com2 Apr 2026

Prime Minister Narendra Modi convened the Cabinet Committee on Security to address the impact of the West Asia conflict on Indian citizens, focusing on safeguarding them from the conflict's effects and ensuring the smooth flow of essential supplies.

HC orders removal of content linking Hardeep Puri's daughter to Epstein

HC orders removal of content linking Hardeep Puri's daughter to Epstein

Rediff.com17 Mar 2026

The Delhi high court has ordered the removal of defamatory social media content falsely linking Union Minister Hardeep Singh Puri's daughter to convicted sex offender Jeffrey Epstein, protecting her reputation from malicious online attacks.