News for 'Financial Challenges'

Daren Sammy makes emotional appeal for financial support for West Indies cricket

Daren Sammy makes emotional appeal for financial support for West Indies cricket

Rediff.com5 days ago

West Indies head coach Daren Sammy has made an emotional appeal for financial support for Caribbean cricket, hoping that a competitive series against India will attract sponsors and alleviate the financial struggles faced by the team under the current ICC revenue-sharing model.

Rakesh Nidagundi Targets Gold At Debut Para Asian Games After Historic World Championship Medal

Rakesh Nidagundi Targets Gold At Debut Para Asian Games After Historic World Championship Medal

Rediff.com5 days ago

Para-shooter Rakesh Nidagundi, fresh from winning India's first rifle team medal at the World Shooting Para Sport World Championships, is now aiming for a gold medal at his debut Para Asian Games in Japan. He shared his journey, including early financial struggles and the crucial support he received from the Vijayi Bharat Foundation.

Manchester City file appeal as financial verdict triggers wider football fallout

Manchester City file appeal as financial verdict triggers wider football fallout

Rediff.com2 Oct 2026

Manchester City have appealed the verdict pertaining to financial breaches, while the verdict's wider fallout could involve the Premier League, FA, HMRC and potential compensation claims from football stakeholders.

Manchester City could face relegation, points deduction over 114 financial breaches

Manchester City could face relegation, points deduction over 114 financial breaches

Rediff.com28 Sep 2026

Manchester City could face severe sanctions, including fines, a points deduction, or even relegation, after an independent panel reportedly found the club guilty of 114 breaches of Premier League financial rules. The club, however, maintains its innocence and is expected to appeal, leading to a potentially lengthy legal process.

Siang Project: Can India Turn Challenge Into Opportunity?

Siang Project: Can India Turn Challenge Into Opportunity?

Rediff.com1 days ago

The objective should be clear: Energy security without abandoning environmental responsibility; water security without ignoring local concerns; and strategic resilience without sacrificing public confidence, notes Varun Arya.

Super League Kerala Unveils New Financial Model And DFB Technical Roadmap

Super League Kerala Unveils New Financial Model And DFB Technical Roadmap

Rediff.com21 Sep 2026

Super League Kerala is implementing a new financial model to ensure franchise sustainability and has partnered with the German Football Association (DFB) for a five-year technical roadmap. This includes establishing a residential Centre of Excellence to nurture young football talent while integrating formal education.

Why Akhilesh Yadav Is Challenging BJP Over Banking Practices

Why Akhilesh Yadav Is Challenging BJP Over Banking Practices

Rediff.com7 days ago

Samajwadi Party president Akhilesh Yadav has criticised the BJP government, posing 12 questions regarding the banking sector. He highlighted issues such as recurring bank charges, reduced interest rates, demonetisation's impact, missing locker valuables, and poor working conditions for bank employees, accusing the government of weakening banks and exploiting vulnerable communities.

Daren Sammy opens up on 25% pay cut, says West Indies cricket must 'stay afloat'

Daren Sammy opens up on 25% pay cut, says West Indies cricket must 'stay afloat'

Rediff.com2 Oct 2026

West Indies head coach Daren Sammy acknowledged the financial challenges leading to player pay cuts, stating it's "not what you want to hear before a series." He also highlighted the team's need for greater bowling discipline, especially after failing to defend a 405-run target against India, and reflected on missed opportunities to score higher in the second ODI.

Hockey India League Revival: Ministry Forms Seven-Member Committee

Hockey India League Revival: Ministry Forms Seven-Member Committee

Rediff.com7 Oct 2026

The Sports Ministry has established a seven-member committee, including representatives from Hockey India, HIL franchises, and the ministry, to address the crisis and work towards the revival of the Hockey India League. This follows a September meeting where Sports Minister Mansukh Mandaviya discussed concerns with stakeholders, aiming to resolve issues related to governance, finance, and structure.

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.

India's Archery Prodigy Kumkum Mohod Aims For Olympic Glory

India's Archery Prodigy Kumkum Mohod Aims For Olympic Glory

Rediff.com3 Oct 2026

Teenaged Indian archer Kumkum Mohod made history at the Aichi-Nagoya Asian Games by winning India's first-ever women's individual recurve archery gold medal and securing an Olympic quota place. Her coach and association secretary highlight her dedication, academic inclination, and long-term goal of winning an Olympic medal, despite financial challenges.

Shubman Gill cops a blow on elbow from Siraj rib-tickler in nets

Shubman Gill cops a blow on elbow from Siraj rib-tickler in nets

Rediff.com25 Sep 2026

Indian skipper Shubman Gill sustained an elbow injury during a net session after being hit by a Mohammad Siraj delivery, though he later returned to practice. Meanwhile, veterans Virat Kohli and Rohit Sharma also batted together. Separately, the West Indies cricket board announced a 25% reduction in retainer fees for players as part of a financial restructuring.

India Shines In Women's 200m T12 At Asian Para Games

India Shines In Women's 200m T12 At Asian Para Games

Rediff.com3 days ago

Indian sprinter Simran secured a gold medal and set a new Games record in the women's 200m T12 event at the Asian Para Games on Tuesday. Her compatriot Tejalben Damor also won a bronze in the same competition. Simran, a Paris Paralympics bronze medallist, overcame dietary challenges to achieve her win, while debutant Tejalben expressed determination for her upcoming 400m race.

IDBI Bank: Past tense, future perfect?

IDBI Bank: Past tense, future perfect?

Rediff.com15 Oct 2026

The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

Rediff.com3 days ago

Avenue Supermarts (DMart) reported lower-than-expected Q2FY27 performance, with revenue growth of 18.4 per cent year-on-year but visible margin pressure, leading to a 4.5 per cent stock drop. The company faces challenges from lower-margin sales, operating cost pressures, and aggressive store expansion, impacting profitability despite improved same-store sales growth.

Rajpal Yadav's cheque case: SC appoints former HC judge as mediator

Rajpal Yadav's cheque case: SC appoints former HC judge as mediator

Rediff.com1 days ago

The Supreme Court has appointed former Delhi High Court judge Justice Najmi Waziri as a mediator to resolve the cheque-dishonour dispute involving actor Rajpal Yadav. The legal battle originated from a 2010 financial agreement for his directorial debut, 'Ata Pata Laapata', where Yadav allegedly issued dishonoured cheques. The actor has deposited Rs 2 crore with the SC registry, and the court has allowed his passport release for professional commitments.

SC seeks ideas for permanent corpus to fund SMA treatment

SC seeks ideas for permanent corpus to fund SMA treatment

Rediff.com12 Oct 2026

The Supreme Court of India has sought proposals for establishing a permanent financial corpus to support patients suffering from Spinal Muscular Atrophy (SMA), a rare genetic disorder requiring expensive treatment. This initiative follows an earlier case involving comedian Samay Raina, which led the court to examine broader systemic concerns for SMA patients.

CBI Moves Bombay High Court Against Acquittal Of Padamsinh Patil In 2006 Nimbalkar Murder Case

CBI Moves Bombay High Court Against Acquittal Of Padamsinh Patil In 2006 Nimbalkar Murder Case

Rediff.com13 Oct 2026

The Central Bureau of Investigation has appealed to the Bombay High Court against the acquittal of former Maharashtra minister Padamsinh Patil and seven others in the 2006 murder case of Congress leader Pawanraje Nimbalkar. A sessions court had acquitted the accused on June 20, citing insufficient evidence, and Nimbalkar's wife also filed an appeal last month.

IPO Guide: What To Check Before Investing

IPO Guide: What To Check Before Investing

Rediff.com2 days ago

'Read the prospectus as a capital allocator deciding whether the business deserves your capital at the offered price.'

How Pakistan's Asian Games Contingent Is Managing Funding Shortfalls

How Pakistan's Asian Games Contingent Is Managing Funding Shortfalls

Rediff.com14 Sep 2026

The state-run Pakistan Sports Board is only funding a fraction of the country's 248-member Asian Games contingent, with many athletes and officials relying on federations, the POA, or self-financing. The Pakistan Olympic Association secretary, Khalid Mahmood, confirmed that self-funded medal winners would be compensated and highlighted Pakistan's medal hopes across various disciplines.

Incoming Air India CEO outlines priorities: Safety, reliability, profitability

Incoming Air India CEO outlines priorities: Safety, reliability, profitability

Rediff.com29 Sep 2026

Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.

Kerala Police To Strengthen Cyberdome, Introduce Indigenous Robots For Public Safety

Kerala Police To Strengthen Cyberdome, Introduce Indigenous Robots For Public Safety

Rediff.com9 Oct 2026

Kerala Home Minister Ramesh Chennithala announced plans to strengthen the state police's Cyberdome to combat cybersecurity threats and deploy indigenously developed robots for traffic management and disaster response. He emphasised the need for coordinated efforts to address growing cyber challenges and protect critical infrastructure, while also highlighting the role of the CoCoN conference in sharing knowledge.

SC seeks govt reply on guidelines for all forms of talaq

SC seeks govt reply on guidelines for all forms of talaq

Rediff.com7 days ago

The Supreme Court has sought responses from the Centre and others regarding a plea challenging the validity of 'Talaq-e-Hasan' and other forms of unilateral divorce under Muslim personal law. The petition also seeks uniform procedural safeguards, economic protection for divorced women, and questions the constitutionality of Section 2 of the Muslim Personal Law (Shariat) Application Act, 1937, as well as the lack of safeguards against polygamy.

40 pilots of SpiceJet's Q400 aircraft refuse to fly over pending payments

40 pilots of SpiceJet's Q400 aircraft refuse to fly over pending payments

Rediff.com13 Oct 2026

Around 40 pilots of SpiceJet's Q400 aircraft fleet refused to fly till the airline cleared their salary dues, a stance that has been supported by pilots' grouping ALPA India, according to sources.

RBI Governor expects surplus liquidity to drain by FY27

RBI Governor expects surplus liquidity to drain by FY27

Rediff.com9 Oct 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.

Smaller Indian Contingent Faces Hurdles At Asian Para Games

Smaller Indian Contingent Faces Hurdles At Asian Para Games

Rediff.com6 days ago

India faces a challenging Asian Para Games in Aichi-Nagoya with a significantly smaller contingent of 168 athletes, down from 303. While aiming to build on its record 111-medal haul from the last Games, selection disputes in para-shooting and para-cycling, coupled with reduced athlete numbers in key disciplines like para-athletics, pose hurdles. Despite these challenges, star athletes across para-athletics, archery, para-badminton, shooting, and table tennis are expected to lead India's medal charge.

Active Vs Passive Funds: How To Choose?

Active Vs Passive Funds: How To Choose?

Rediff.com7 days ago

Active and passive funds offer different advantages across market-cap segments, making a mix of both a sensible portfolio strategy.

Sports Minister Mandaviya Directs Hockey India To Revive Cash-Strapped League

Sports Minister Mandaviya Directs Hockey India To Revive Cash-Strapped League

Rediff.com14 Sep 2026

The Sports Ministry has formed a five-member committee to address the financial viability and sustainability of the Hockey India League (HIL). Sports Minister Mansukh Mandaviya met with Hockey India officials and franchise representatives, directing them to develop a comprehensive plan for the league's revival, which has faced challenges since its return last year.

SC refers Rajpal Yadav's bounced cheque dispute to mediation

SC refers Rajpal Yadav's bounced cheque dispute to mediation

Rediff.com15 Oct 2026

The Supreme Court has referred actor Rajpal Yadav's long-running cheque-dishonour dispute to mediation after he deposited Rs 2 crore with the court's registry. The court also directed the trial court to release his passport for professional commitments abroad. The dispute stems from a 2010 financial agreement for his directorial debut, leading to multiple cheque-bounce cases and a three-month imprisonment sentence upheld by the Delhi High Court.

CJP Founder Questions Judicial Treatment Of Activists Versus Politician

CJP Founder Questions Judicial Treatment Of Activists Versus Politician

Rediff.com3 days ago

Cockroach Janta Party (CJP) founder Abhijeet Dipke has highlighted a stark contrast between the Allahabad High Court's decision to stay the conviction of a murder accused seeking a BJP ticket and the continued judicial custody of CJP co-convenors Ashutosh Ranka and Saurav Das. Dipke criticised the extended incarceration of Ranka and Das, who were arrested for protesting at Jantar Mantar, while emphasising their sacrifices for public good. The CJP has demanded their immediate release and questioned the legal proceedings, calling for institutional accountability.

Sebi to overhaul SME listing framework, tighten AI/ML accountability in financial markets

Sebi to overhaul SME listing framework, tighten AI/ML accountability in financial markets

Rediff.com20 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to undertake a comprehensive overhaul of the small and medium enterprise (SME) listing framework and tighten accountability around the use of artificial intelligence (AI) and machine learning (ML) in financial markets, Sebi Chairman Tuhin Kanta Pandey announced.

Kumar Mangalam Birla: AI Investments Must Yield Returns, Avoid FOMO

Kumar Mangalam Birla: AI Investments Must Yield Returns, Avoid FOMO

Rediff.com13 Oct 2026

Aditya Birla Group Chairman Kumar Mangalam Birla stated on Tuesday that investments in artificial intelligence should be driven by potential returns, not by a "fear of missing out." Speaking at the 2026 Bloomberg New Economy Forum, Birla indicated that his group would adopt AI more gradually than previously planned, moving away from an "AI arms race" mentality. He also discussed the varied applications of AI across different business sectors, the challenges of capital allocation, and the impact of geopolitical events on global companies.

France braces for more protests, clampdown intensifies

France braces for more protests, clampdown intensifies

Rediff.com2 days ago

France is preparing for fresh demonstrations on October 24 with a "massive" police deployment and extended curfews, following days of violent unrest. The protests, initially sparked by school conditions, have broadened into a nationwide campaign against rising living costs and declining public services, leading to over 2,500 arrests and significant damage.

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Rediff.com2 days ago

Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.

Lahiri On LIV Golf Future: 'Wait For A Month, Let Things Play Out'

Lahiri On LIV Golf Future: 'Wait For A Month, Let Things Play Out'

Rediff.com13 Oct 2026

Indian golfer Anirban Lahiri described his recent season as his 'weakest' and addressed the ongoing speculation surrounding LIV Golf. He stated that his future decisions regarding where he plays will be based on the best interests of his family and himself, urging patience as the situation is dynamic. Lahiri also shared insights into his break from golf, focusing on fitness and mental well-being, and expressed excitement about returning to play at the Delhi Golf Course.

Can top professionals fall for cyber fraud? IIT Madras study says...

Can top professionals fall for cyber fraud? IIT Madras study says...

Rediff.com29 Sep 2026

An IIT Madras study reveals that financial cybercrime victims in India are often highly educated professionals, challenging the notion that only careless or financially unaware individuals are targeted. The research highlights that digital literacy doesn't guarantee protection, as fraudsters exploit stress and emotional vulnerabilities.

Marc Faber: 'India Is In A Bear Market'

Marc Faber: 'India Is In A Bear Market'

Rediff.com1 days ago

'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'

Formula 1 India return gets Lando Norris backing

Formula 1 India return gets Lando Norris backing

Rediff.com8 Oct 2026

World champion Lando Norris says he would love to race in India as the government pushes to bring Formula 1 back to the country after a 13-year absence.

'Best environment' despite complaints? OCA defends Aichi-Nagoya Games

'Best environment' despite complaints? OCA defends Aichi-Nagoya Games

Rediff.com4 Oct 2026

The Olympic Council of Asia defended the Aichi-Nagoya Asian Games despite accommodation and transport complaints, saying mega multi-sport events always face challenges.

How Much Did FPIs Sell In September?

How Much Did FPIs Sell In September?

Rediff.com8 Oct 2026

They had bought Rs 29,631 crore worth of shares in August.