News for 'Financial Capacity'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com1 days ago

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Rediff.com22 Jul 2026

Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

Why a Flat SIP Might Leave You Poorer Than You Think

Why a Flat SIP Might Leave You Poorer Than You Think

Rediff.com16 Jul 2026

You should look beyond a flat SIP, ensuring that your investments grow along with your income, expenses, and financial aspirations.

India's Nuclear Mission Gains Major Momentum

India's Nuclear Mission Gains Major Momentum

Rediff.com23 Jul 2026

The government introduced the SHANTI Act, 2025, to support the mission and open the sector to private participation.

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

Rediff.com23 Jul 2026

State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.

Tata Steel aims to spend Rs 20,000 cr in FY27

Tata Steel aims to spend Rs 20,000 cr in FY27

Rediff.com5 Jul 2026

Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Rediff.com12 hours ago

Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

Rediff.com23 Jul 2026

IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Rediff.com2 days ago

Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.

Education Loans: What You Must Know

Education Loans: What You Must Know

Rediff.com1 days ago

Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.

How Gen Z Can Build Wealth With 20% Rule

How Gen Z Can Build Wealth With 20% Rule

Rediff.com5 days ago

'Users should protect their savings goals before allocating money to discretionary expenditure.'

'We Need To Stop Coaching Classes'

'We Need To Stop Coaching Classes'

Rediff.com5 days ago

'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'

UltraTech Cement surpasses 200 mtpa capacity, eyes 240 mtpa by FY28

UltraTech Cement surpasses 200 mtpa capacity, eyes 240 mtpa by FY28

Rediff.com18 Apr 2026

UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.

Could a 64-team World Cup put Asian football at FIFA's mercy?

Could a 64-team World Cup put Asian football at FIFA's mercy?

Rediff.com21 Jul 2026

FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com25 Jun 2026

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

Rediff.com22 Jul 2026

Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.

What India is doing to win the 2036 Olympics bid

What India is doing to win the 2036 Olympics bid

Rediff.com9 Jul 2026

India has announced a calendar of 29 international sporting events over the next two years, aiming to bolster its credentials as a host nation. This strategic move is part of its larger goal to secure bids for the 2036 Olympic Games, the 2030 Commonwealth Games, and the 2038 Asian Games, showcasing its capacity to host large-scale multi-sport spectacles.

MG Motor launches India's first multi-powertrain new energy vehicle platform

MG Motor launches India's first multi-powertrain new energy vehicle platform

Rediff.com17 Jul 2026

JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com24 Jul 2026

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

Less than 7% water stock left in Mumbai reservoirs

Less than 7% water stock left in Mumbai reservoirs

Rediff.com29 Jun 2026

The BMC is closely monitoring reservoir levels and enforcing water conservation measures as concerns over supply grow.

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.

Women Cash Schemes Boost Savings, Spending

Women Cash Schemes Boost Savings, Spending

Rediff.com8 Jul 2026

15 states have rolled out unconditional cash transfer schemes for women, with an estimated annual outlay of around Rs 1.7 trillion covering nearly 120 million beneficiaries.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

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.

Maruti Suzuki sees strong PV growth, market share gains, but El Nio poses risk

Maruti Suzuki sees strong PV growth, market share gains, but El Nio poses risk

Rediff.com6 Jul 2026

Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.

Borrowers Beware! How You Handle Money Now Decides Your Loan

Borrowers Beware! How You Handle Money Now Decides Your Loan

Rediff.com25 Jun 2026

Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

SC: Husband's Duty to Maintain Wife Must Ensure Dignified Life

SC: Husband's Duty to Maintain Wife Must Ensure Dignified Life

Rediff.com16 Apr 2026

The Supreme Court of India has emphasised that a husband's obligation to maintain his wife is a primary and continuing duty, ensuring she lives with dignity and in a manner commensurate with her marital status.

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

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com24 Jun 2026

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Rediff.com29 Jun 2026

Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.

Former Civic Chief Arrested In Multi-Crore Solar Scam After Evading Capture

Former Civic Chief Arrested In Multi-Crore Solar Scam After Evading Capture

Rediff.com14 Jun 2026

Swapan Nandi, former chairman of Arambagh Municipality, has been arrested in Kerala for alleged irregularities in a multi-crore solar power project. Nandi reportedly altered his appearance and absconded to evade arrest in the Green City project scam, which also saw three other accused apprehended earlier.

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

Modi-Takaichi Summit Opens New India-Japan Chapter

Modi-Takaichi Summit Opens New India-Japan Chapter

Rediff.com7 Jul 2026

Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.

Mumbai's BEST bus services remain below normal despite strike recall

Mumbai's BEST bus services remain below normal despite strike recall

Rediff.com22 Jun 2026

Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.