News for 'Financial Challenges'

Infantino's reform pledge fails to satisfy federations seeking sweeping FIFA overhaul

Infantino's reform pledge fails to satisfy federations seeking sweeping FIFA overhaul

Rediff.com22 Sep 2026

Germany, Netherlands, Sweden and Wales have questioned Infantino's reform pledge, arguing that FIFA needs deeper governance changes, stronger accountability and broader leadership reforms to restore trust.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com22 Sep 2026

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

J&K High Court Denies ED's Request For Additional Charges In Cricket Fund Scam

J&K High Court Denies ED's Request For Additional Charges In Cricket Fund Scam

Rediff.com25 Sep 2026

The Jammu and Kashmir High Court has rejected a petition by the Enforcement Directorate to add charges of receiving and concealing stolen property in the alleged Jammu and Kashmir Cricket Association fund scam. While the court upheld the ED's right to file such an application, it found insufficient merit in the current material to invoke sections 411 and 424 of the Ranbir Penal Code, stating that the alleged acts were part of the principal transaction of conspiracy and breach of trust.

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

Rediff.com15 Sep 2026

The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.

Samson or Sooryavanshi? India's Afghanistan dilemma

Samson or Sooryavanshi? India's Afghanistan dilemma

Rediff.com12 Sep 2026

India is grappling with significant selection dilemmas ahead of their opening T20I match against Afghanistan, particularly concerning the choice between Sanju Samson and young Vaibhav Sooryavanshi, and the potential impact of Ishan Kishan's injury scare. The series also serves as crucial preparation for the Asian Games, with India needing to finalise their bowling attack against a strong Afghan side.

Why AI Sovereignty Is Key To India's National Cybersecurity

Why AI Sovereignty Is Key To India's National Cybersecurity

Rediff.com5 Sep 2026

Gaganyaan astronaut Prasanth Balakrishnan Nair stressed the critical importance of AI sovereignty for national cybersecurity, citing the increasing difficulty in distinguishing between real and fake content due to AI. Speaking at the Kerala Cyber Suraksha Summit, Nair highlighted that future conflicts and industries would involve a 'whole-of-nation approach,' blurring physical and digital boundaries. He urged greater awareness of digital threats and emphasised India's need to build on its technological capabilities in AI and cybersecurity, drawing parallels with the success of Chandrayaan-3. Other speakers also underscored the rising threat of cyberattacks and the potential for Kerala to contribute to national technology requirements.

Quimcy D'Souza narrowly misses medal, but puts Indian teqball on world stage

Quimcy D'Souza narrowly misses medal, but puts Indian teqball on world stage

Rediff.com20 Sep 2026

Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.

Kylian Mbappe leaves Nike, signs with Swiss sportswear On

Kylian Mbappe leaves Nike, signs with Swiss sportswear On

Rediff.com19 Sep 2026

French football superstar Kylian Mbappe has ended his long-standing partnership with Nike to join the rapidly expanding Swiss sportswear brand On, a move that provides On with a high-profile figure for its entry into football and marks another significant defection for the US giant.

Ricky Ponting warns of ODI cricket's decline amid T20 surge

Ricky Ponting warns of ODI cricket's decline amid T20 surge

Rediff.com8 Sep 2026

Legendary Australian cricketer Ricky Ponting expresses concern over the diminishing role of One Day International (ODI) cricket due to the rapid expansion of T20 Internationals and franchise leagues worldwide. While he believes Test cricket will remain strong with support from major cricketing nations, Ponting fears the 50-over format will be played less frequently. David Warner also weighs in on the challenges and opportunities presented by the crowded T20 calendar.

OMCs Lose Rs 5 Per Litre On Petrol, Rs 23 On Diesel

OMCs Lose Rs 5 Per Litre On Petrol, Rs 23 On Diesel

Rediff.com12 Sep 2026

'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'

India's long-term consumption story intact despite challenges: KKR

India's long-term consumption story intact despite challenges: KKR

Rediff.com11 Jun 2026

Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.

Why Autonomous AI Agents Pose A Global Security Risk

Why Autonomous AI Agents Pose A Global Security Risk

Rediff.com27 Sep 2026

An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.

'Masters of the ODI game': Santner wary of Kohli, Rohit

'Masters of the ODI game': Santner wary of Kohli, Rohit

Rediff.com7 Sep 2026

New Zealand captain Mitchell Santner is preparing for a tough challenge against India's Virat Kohli and Rohit Sharma in the upcoming five-match ODI series. Santner hopes the Indian stalwarts don't dominate on New Zealand pitches as they have in the past. He also discussed the importance of the series for World Cup preparations and the challenges of the two-Test series for a new-look Indian side.

Ladakh groups to launch massive stir for statehood in Kargil on Sep 20

Ladakh groups to launch massive stir for statehood in Kargil on Sep 20

Rediff.com15 Sep 2026

The Kargil Democratic Alliance (KDA) announced a major protest rally in Kargil on September 20, demanding justice for victims of police firing in Leh last year and protesting the central government's perceived lack of seriousness in talks regarding Ladakh's demands. The KDA, along with the Leh Apex Body (LAB), rejected the compensation offered by the Lieutenant Governor as inadequate and called for the withdrawal of all cases against arrested protesters. They criticised the recent talks with the Ministry of Home Affairs as "unproductive" and reiterated their demands for statehood and the extension of the Sixth Schedule to Ladakh.

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

Rediff.com23 Sep 2026

'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'

Ladakhis get rights over barren land, relief for thousands

Ladakhis get rights over barren land, relief for thousands

Rediff.com4 Sep 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena has approved new rules for the regularisation of 'nautor lands', granting proprietary rights to eligible landholders. This move aims to resolve a long-pending issue, provide legal certainty, and allow land to be used as a financial asset for thousands of residents in the Union Territory.

'We Are Adjusting': Indian Athletes Face Cramped Rooms at Asian Games

'We Are Adjusting': Indian Athletes Face Cramped Rooms at Asian Games

Rediff.com17 Sep 2026

India's Asian Games contingent faces accommodation issues at Costa Serena, as athletes report cramped rooms and long delays amid organisational chaos.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

Rs 1,200-cr TN secretariat project hits hurdle amid Oppn, fisherfolk protest

Rs 1,200-cr TN secretariat project hits hurdle amid Oppn, fisherfolk protest

Rediff.com11 Sep 2026

A proposed Rs 1,200 crore Secretariat-Assembly complex in Pattinapakkam, Chennai, has ignited significant opposition from local fishing communities and various political parties. Residents fear displacement, loss of livelihood, and environmental damage, citing ancestral rights and broken promises. Political leaders across the spectrum are urging Chief Minister C Joseph Vijay to reconsider the site, highlighting concerns about ecological impact, traffic, and financial priorities.

Why PCB doesn't want its finances made public

Why PCB doesn't want its finances made public

Rediff.com4 Aug 2026

The Pakistan Cricket Board has filed a petition in the Islamabad High Court against the Pakistan Information Commission's directive to disclose its confidential financial records, player contracts, and employee salary details. The PCB argues that such disclosure would harm its commercial interests and contractual negotiations, as it operates in a competitive international environment and does not receive government funding.

Why Bank CEOs Are Walking Away

Why Bank CEOs Are Walking Away

Rediff.com31 Aug 2026

'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'

The Lawyer Who Quit Her Job To Make Lord Ganeshas

The Lawyer Who Quit Her Job To Make Lord Ganeshas

Rediff.com14 Sep 2026

A third generation murtikar and probably one of the first in her family, Manaswi Bagwe, a self-taught sculptor, is quietly pushing the boundaries of idol-making.

Wars, tariffs test BRICS unity as leaders gather in Delhi

Wars, tariffs test BRICS unity as leaders gather in Delhi

Rediff.com11 Sep 2026

The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.

Devashish Makhija: 'I Expect To Be Ridiculed'

Devashish Makhija: 'I Expect To Be Ridiculed'

Rediff.com8 Sep 2026

'Manoj Bajpayee is my enabler. Till Taandav nobody knew me, and for 10 years I was trying to make films. Manoj enters my life and suddenly, one after the other, I start getting opportunities.'

Moody's upgrades India's FY27 GDP growth to 7%, warns of crude, El Nino inflation

Moody's upgrades India's FY27 GDP growth to 7%, warns of crude, El Nino inflation

Rediff.com18 Sep 2026

Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

8.7cr Indian youth are not studying, working: Niti report

8.7cr Indian youth are not studying, working: Niti report

Rediff.com22 Aug 2026

A Niti Aayog report reveals that an estimated 8.7 crore Indian youth aged 15 to 29 are not engaged in education, employment, or training (NEET), underscoring the critical need for subsidised training programmes focused on self-employment and emerging sectors.

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Rediff.com16 Sep 2026

The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

Rediff.com19 Sep 2026

The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com17 Sep 2026

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Rediff.com8 Sep 2026

Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.

How AI And Cloud Are Democratising Capabilities For Indian Businesses

How AI And Cloud Are Democratising Capabilities For Indian Businesses

Rediff.com7 Sep 2026

Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Rediff.com24 Jun 2026

The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com1 Sep 2026

'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'

India-China Rivalry Tests BRICS' Future

India-China Rivalry Tests BRICS' Future

Rediff.com8 Sep 2026

India and China are in what experts call 'a cooperation-versus-competition situation'.

US halts visa interviews globally amid Trump's immigration crackdown

US halts visa interviews globally amid Trump's immigration crackdown

Rediff.com26 Aug 2026

The US State Department has paused visa appointments worldwide to conduct a 'global training initiative' for consular officers, aiming to ensure applicants are not likely to become a 'public charge' and are comprehensively evaluated, intensifying President Donald Trump's immigration crackdown.

Xi calls on BRICS countries to help end war in West Asia

Xi calls on BRICS countries to help end war in West Asia

Rediff.com12 Sep 2026

Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Rediff.com28 Aug 2026

The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.

PTI Chief On Media's Role: Scepticism Over Cynicism

PTI Chief On Media's Role: Scepticism Over Cynicism

Rediff.com5 Sep 2026

PTI Editor-in-Chief Vijay Joshi emphasised that democracy thrives on citizens who question everything, not those who blindly believe or disbelieve. Speaking at 'Media Conclave 2026', he highlighted the challenges posed by social media, the focus on speed over verification, and AI-generated fake content, stressing the importance of media credibility for informed decision-making.