News for 'Finance'

Don 3 To Hera Pheri 3: 10 'Cursed' Sequels

Don 3 To Hera Pheri 3: 10 'Cursed' Sequels

Rediff.com6 days ago

Bollywood has announced plenty of high-profile sequels with fanfare, only for a few of them to vanish into endless delays, casting chaos and development hell.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com20 May 2026

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Why Bishnoi Gang Claimed Attack On Dosanjh's Manager

Why Bishnoi Gang Claimed Attack On Dosanjh's Manager

Rediff.com13 May 2026

A social media post allegedly linked to the Lawrence Bishnoi gang has claimed responsibility for a firing incident outside the residence of Punjabi actor-singer Diljit Dosanjh's manager in Haryana's Karnal.

CBI Files Chargesheet Against Sequel Buildcon In Homebuyer Fraud Case

CBI Files Chargesheet Against Sequel Buildcon In Homebuyer Fraud Case

Rediff.com11 May 2026

The CBI has filed a chargesheet against Sequel Buildcon Private Limited for allegedly cheating homebuyers and siphoning off funds issued by PNB Housing Finance for a Noida-based project.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

Row over Vande Mataram before Tamil anthem at TN swearing-in event

Row over Vande Mataram before Tamil anthem at TN swearing-in event

Rediff.com21 May 2026

A political controversy has erupted in Tamil Nadu after the Tamil invocation song was rendered last during the swearing-in of new ministers. Left parties have criticised the decision to sing the Tamil anthem after Vande Mataram and the national anthem.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

End of an era: Pep Guardiola to leave Manchester City after decade-long reign

End of an era: Pep Guardiola to leave Manchester City after decade-long reign

Rediff.com22 May 2026

'Don't ask me the reasons I'm leaving. There is no reason, but deep inside, I know it's my time.'

Cricket Australia plays down IPL control fears in Big Bash League

Cricket Australia plays down IPL control fears in Big Bash League

Rediff.com18 May 2026

Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.

Prashant Kishor moves to ashram on outskirts of Patna, to live there till...

Prashant Kishor moves to ashram on outskirts of Patna, to live there till...

Rediff.com21 May 2026

Jan Suraaj Party founder Prashant Kishor has moved to an ashram on the outskirts of Patna to continue his political activities ahead of the next assembly elections. He criticised Nitish Kumar and urged voters to prioritise their own interests.

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

Rediff.com5 May 2026

The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.

Self-Styled Godman Arrested For Double Murder In Dhule

Self-Styled Godman Arrested For Double Murder In Dhule

Rediff.com18 May 2026

A self-styled godman in Maharashtra's Dhule district has been arrested for allegedly strangling a woman after she resisted his sexual assault attempt and subsequently killing her male friend at his ashram.

How A Punjab Football Academy Is Combating Drug Abuse

How A Punjab Football Academy Is Combating Drug Abuse

Rediff.com23 May 2026

A grassroots football academy in Punjab is using football to combat drug abuse and develop young talent, addressing key issues in Indian football's grassroots development.

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com25 May 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.

Equestrian Federation Governance Reforms Face Lengthy Delays

Equestrian Federation Governance Reforms Face Lengthy Delays

Rediff.com21 May 2026

The Ad-Hoc Committee appointed to run the Equestrian Federation of India (EFI) has informed the Delhi High Court that governance reforms and elections may take longer than initially planned. The committee cited statutory requirements under the new sports law and delays in gaining full control of the federation as reasons for the extended timeline.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Rediff.com18 May 2026

Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

'Wife Spends On Maids, Shopping, Kitty Parties'

'Wife Spends On Maids, Shopping, Kitty Parties'

Rediff.com18 May 2026

rediffGURU Anu Krishna, mind coach, relationship coach and co-founder of Unfear Changemakers, urges couples to openly discuss how to manage money in a relationship.

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

IBM, Yotta Join Forces To Offer AI Platform In India

IBM, Yotta Join Forces To Offer AI Platform In India

Rediff.com7 May 2026

IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

Why Credit Card Usage Is Booming In India

Why Credit Card Usage Is Booming In India

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.

Vijay's cabinet expansion signals new coalition era in TN politics

Vijay's cabinet expansion signals new coalition era in TN politics

Rediff.com22 May 2026

AM Shahjahan and Vanni Arasu from IUML and VCK respectively were sworn in as ministers in Tamil Nadu, increasing the number of allies in the TVK government. This marks the first time representatives from both parties have been inducted into the state cabinet, signifying a shift in Tamil Nadu's coalition dynamics.

Man Detained At Assam Swearing-In With Live Ammunition

Man Detained At Assam Swearing-In With Live Ammunition

Rediff.com12 May 2026

A man was detained at the swearing-in ceremony of the new Assam government after being found with live bullets during security screening. The incident occurred shortly before the oath-taking ceremony, attended by high-profile BJP leaders and other dignitaries.

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Rediff.com6 May 2026

Punjab Finance Minister Harpal Singh Cheema has condemned the recent blasts in Amritsar and Jalandhar, calling them a deliberate attempt to spread terror and disrupt the state's peace. He accused the BJP of trying to create an atmosphere of fear and division for political gains ahead of elections.

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Rediff.com15 May 2026

The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Rediff.com15 May 2026

Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Rediff.com27 Apr 2026

Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.

Why Every Family Needs Health Corpus

Why Every Family Needs Health Corpus

Rediff.com19 May 2026

'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'

ED Gets Nod To Interrogate ISIS Suspects In Jails

ED Gets Nod To Interrogate ISIS Suspects In Jails

Rediff.com14 May 2026

A special court has granted the Enforcement Directorate (ED) permission to record statements of 19 alleged ISIS members and sympathizers held in various prisons across India.

Satheesan-led Kerala govt sworn in, announces key welfare measures

Satheesan-led Kerala govt sworn in, announces key welfare measures

Rediff.com18 May 2026

V D Satheesan was sworn in as Kerala's Chief Minister, with Governor Rajendra Vishwanath Arlekar administering the oath of office. The swearing-in ceremony was attended by prominent political figures, including Congress leaders and Chief Ministers of Congress-ruled states.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Julian Metherell Appointed As MCC President

Julian Metherell Appointed As MCC President

Rediff.com7 May 2026

Julian Metherell, Chairman of The Hundred franchise London Spirit, will succeed Ed Smith as the President of Marylebone Cricket Club (MCC) from October. Metherell, a long-time MCC member, was nominated by Smith and will serve a three-year term. The MCC, founded in 1787, owns Lord's Cricket Ground and governs the laws of cricket.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

Why India Needs A Cultural Shift To Become A Sporting Superpower

Why India Needs A Cultural Shift To Become A Sporting Superpower

Rediff.com20 May 2026

An analysis of the disparities in India's sporting culture, highlighting the challenges faced by non-cricket athletes and the systemic changes needed for India to become a true sporting superpower.

My Friend, Chief Minister V D Satheesan

My Friend, Chief Minister V D Satheesan

Rediff.com22 May 2026

'The most enduring part of Satheesan's personality is he is good at heart. That is the reason why everybody, from the old to small children, get attracted to him.'

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

'Every Political Party Will Be BJP-ised'

'Every Political Party Will Be BJP-ised'

Rediff.com20 May 2026

'Look at the way SIR that was implemented in Bengal. They wanted to entirely curate the voter list in order to suit their purposes and victory.' 'Look at the targeted deletions and the targeted voting list.' 'The difference between the TMC and the BJP was only about 4% but that 4% vote was done so selectively that the difference ultimately showed up as 100 seats!'