News for 'Finance'

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Rediff.com5 May 2026

Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.

India Audits 101 Cities To Assess Ease Of Living

India Audits 101 Cities To Assess Ease Of Living

Rediff.com7 May 2026

India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Rediff.com6 May 2026

Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Rediff.com27 Apr 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade after three days of decline, driven by a rally in Sun Pharma following its USD 11.75 billion acquisition of US-based Organon & Co, alongside a positive trend in global equity markets.

Why SRK Returned Rs 94 Lakh To This Producer

Why SRK Returned Rs 94 Lakh To This Producer

Rediff.com28 Apr 2026

Shah Rukh Khan's generosity resurfaces as the actor returned a Rs 94 lakh cheque to the producer of Hum Tumhare Hain Sanam to alleviate financial strain during the film's production.

Seven Arrested In Chhattisgarh Overtime Payment Scam

Seven Arrested In Chhattisgarh Overtime Payment Scam

Rediff.com4 May 2026

The Anti-Corruption Bureau/Economic Offences Wing arrested seven individuals, including executives from manpower firms, in connection with alleged irregularities in overtime payments within Chhattisgarh State Marketing Corp Ltd during the previous Congress administration.

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Rediff.com4 May 2026

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

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.

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

Rediff.com4 May 2026

India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

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.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

AAP Accuses BJP Of Political Vendetta After ED Arrest Of Minister

AAP Accuses BJP Of Political Vendetta After ED Arrest Of Minister

Rediff.com9 May 2026

The Aam Aadmi Party (AAP) has strongly criticised the Enforcement Directorate (ED) raid and subsequent arrest of Punjab minister Sanjeev Arora, calling it a politically motivated act by the BJP-led central government. AAP leaders allege the BJP is misusing central agencies to suppress opposition voices and destabilise the AAP government in Punjab.

Interstate Arms Syndicate Busted By Delhi Police; Nine Arrested

Interstate Arms Syndicate Busted By Delhi Police; Nine Arrested

Rediff.com29 Apr 2026

The Delhi Police have dismantled an interstate arms trafficking syndicate with alleged international connections, arresting nine individuals and seizing a cache of sophisticated firearms and ammunition.

Parliament adjourns sine die, Budget Session ends

Parliament adjourns sine die, Budget Session ends

Rediff.com18 Apr 2026

Both Houses of Parliament were adjourned sine die, concluding a Budget session marked by the passage of key legislations and the defeat of a Constitution amendment bill on women's reservation. The session saw frequent opposition protests and discussions on various issues, including the West Asia conflict.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

Tenure of 16th Finance Commission extended till Nov 30

Tenure of 16th Finance Commission extended till Nov 30

Rediff.com14 Oct 2025

The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman.

Why Professionals Are Returning to Flipkart

Why Professionals Are Returning to Flipkart

Rediff.com13 Apr 2026

Homegrown e-commerce giant Flipkart is experiencing a significant trend of senior leaders rejoining the company, driven by its people-first culture, opportunities for growth with ownership, and the chance to solve problems at an India scale.

Deadly storms claim seven lives in UP; power supply disrupted

Deadly storms claim seven lives in UP; power supply disrupted

Rediff.com30 Apr 2026

Seven people, including two minors and an elderly person, were killed and 21 were injured in storm-related incidents in separate areas of Sultanpur, Uttar Pradesh. The storm also disrupted power supply, damaging transformers and electricity poles.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com7 May 2026

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

Stock Markets Today: Sensex, Nifty50 Rally as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Rally as US-Iran Tensions Ease

Rediff.com16 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty50 and BSE Sensex performance and key global triggers.

Key Lashkar figure and Hafiz Saeed aide Yousaf Afridi shot dead in Pakistan

Key Lashkar figure and Hafiz Saeed aide Yousaf Afridi shot dead in Pakistan

Rediff.com27 Apr 2026

Sheikh Yousaf Afridi, a key Lashkar-e-Taiba figure and close associate of Hafiz Saeed, was shot dead by unidentified gunmen in Pakistan's Khyber Pakhtunkhwa, police said.

Mamata, her 21 ministers swept out in massive anti-incumbency wave

Mamata, her 21 ministers swept out in massive anti-incumbency wave

Rediff.com5 May 2026

The Trinamool Congress government's massive defeat in West Bengal shows "deep anti-incumbency and unpopularity" as out of 35 ministers who contested the assembly elections, 22 have been defeated, including Chief Minister Mamata Banerjee in her constituency.

Avoid These Life Insurance Mistakes

Avoid These Life Insurance Mistakes

Rediff.com8 May 2026

Proposal forms are often filled by the agent. Check the form after it is filled.

Rs 10 Crore Money Trail Uncovered In Jharkhand Treasury Scam

Rs 10 Crore Money Trail Uncovered In Jharkhand Treasury Scam

Rediff.com1 May 2026

The Jharkhand Criminal Investigation Department (CID) has uncovered a money trail of Rs 10 crore related to the Bokaro treasury scam, freezing several fixed deposits and arresting multiple individuals, including police personnel and an accountant.

Dridam Review: Average Thriller With Shock Ending

Dridam Review: Average Thriller With Shock Ending

Rediff.com9 May 2026

Dridam starts well as this intriguing small-town investigative thriller worthy of the Jeethu Joseph school of suspense, only to trip over clumsy red herrings and over-explanations, observes Sreeju Sudhakaran.

Court Rejects Indrani Mukerjea's Plea To Travel Abroad

Court Rejects Indrani Mukerjea's Plea To Travel Abroad

Rediff.com8 May 2026

A special court in Mumbai has denied Indrani Mukerjea, an accused in the Sheena Bora murder case, permission to travel to Spain and the United Kingdom, citing concerns about her being a flight risk and the trial nearing its conclusion.

Key LeT Figure Yousaf Afridi Killed In Pakistan

Key LeT Figure Yousaf Afridi Killed In Pakistan

Rediff.com28 Apr 2026

Sheikh Yousaf Afridi, a key Lashkar-e-Taiba figure and a close associate of Mumbai terror attack mastermind Hafiz Saeed, was shot dead by unidentified gunmen in Pakistan's Khyber Pakhtunkhwa, police said.

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com12 May 2026

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com12 May 2026

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

Mumbai's iconic Air India building set to become Maha govt hub soon

Mumbai's iconic Air India building set to become Maha govt hub soon

Rediff.com29 Apr 2026

The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com30 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

SFBs' universal licence dream: It's a long road ahead

SFBs' universal licence dream: It's a long road ahead

Rediff.com23 Apr 2026

The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.

Stock Markets Today: Sensex, Nifty50 in Green Amid Easing Geopolitical Tensions

Stock Markets Today: Sensex, Nifty50 in Green Amid Easing Geopolitical Tensions

Rediff.com17 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

TCS rejects conversion, misconduct complaints at Nashik facility

TCS rejects conversion, misconduct complaints at Nashik facility

Rediff.com17 Apr 2026

TCS has denied receiving any complaints of religious conversion or sexual misconduct at its Nashik unit through its internal channels, amid a police probe into the allegations. The company has announced an oversight panel and engaged external entities in its internal investigation.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Interstate Arms Syndicate With Pakistan Links Busted In Delhi

Interstate Arms Syndicate With Pakistan Links Busted In Delhi

Rediff.com29 Apr 2026

Delhi Police have dismantled an interstate arms trafficking syndicate with alleged links to Pakistan, arresting nine individuals and seizing a cache of sophisticated firearms and ammunition.