News for 'Financial Challenges'

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

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.

We need to stay ahead of hackers, Maruti CEO tells automobile meet

We need to stay ahead of hackers, Maruti CEO tells automobile meet

Rediff.com3 Sep 2026

A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.

BRICS declaration reaches consensus amid Iran-Saudi- UAE rift

BRICS declaration reaches consensus amid Iran-Saudi- UAE rift

Rediff.com12 Sep 2026

BRICS nations have successfully reached a consensus on a joint statement following extensive negotiations, with India playing a crucial role in bridging differences, particularly among West Asian members like Iran, Saudi Arabia, and the UAE, despite regional conflicts and geopolitical tensions.

Modi at BRICS: Global South must be 'rule shaper, not follower'

Modi at BRICS: Global South must be 'rule shaper, not follower'

Rediff.com13 Sep 2026

Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Rediff.com15 Sep 2026

'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

Rediff.com10 Aug 2026

Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.

Asim Munir Gives ISI's 'Dirty Harry' New Job

Asim Munir Gives ISI's 'Dirty Harry' New Job

Rediff.com5 Sep 2026

Major General Faisal Naseer, infamously dubbed 'Dirty Harry' for his controversial tenure in the ISI, has been appointed national co-ordinator of Pakistan's National Counter-Terrorism Authority.

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

OTT This Week: DC, Dhamaal 4, Gandhari, Unmadham

OTT This Week: DC, Dhamaal 4, Gandhari, Unmadham

Rediff.com4 Sep 2026

This week's OTT releases offer a diverse range of entertainment, from a violent spin on the Devdas story in DC to the return of the Dhamaal gang in Dhamaal 4, and the latest intergalactic adventures of The Mandalorian and Grogu.

TN CM Vijay waives cooperative farm loans up to Rs 75,000

TN CM Vijay waives cooperative farm loans up to Rs 75,000

Rediff.com17 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced a comprehensive waiver of cooperative farm loans, providing full relief for loans up to Rs 75,000 and partial waivers for higher amounts, benefiting over 1.38 lakh farmers with an additional financial commitment of Rs 953.06 crore.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Why is Bhutia angry over India's Brazil match?

Why is Bhutia angry over India's Brazil match?

Rediff.com6 Aug 2026

The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Rediff.com1 Sep 2026

The Delhi High Court has mandated a six-month forensic audit into the alleged dissipation of assets by former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh, stemming from enforcement proceedings by Japanese drug major Daiichi Sankyo.

Why India Has No Hockey Umpire or Official at 2026 World Cup

Why India Has No Hockey Umpire or Official at 2026 World Cup

Rediff.com7 Aug 2026

For the first time since 1998, no Indian umpire or technical official will be present at the FIH Men's Hockey World Cup, a situation that has left former international officials disappointed and calling for a structured pathway to develop and support Indian officiating talent.

Why Kerala's GI Handlooms Struggle Despite Recognition

Why Kerala's GI Handlooms Struggle Despite Recognition

Rediff.com22 Aug 2026

An independent study reveals that while Geographical Indication (GI) registration has boosted the identity of Kerala's traditional handloom products, it has not uniformly translated into economic benefits across weaving clusters. Challenges include an ageing artisan population, competition from powerloom products, rising raw material costs, and inadequate marketing.

China, US, India must compensate Nepal for flash floods: Khanal

China, US, India must compensate Nepal for flash floods: Khanal

Rediff.com2 Sep 2026

Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.

6 dead, 4 injured after landslide in Mumbai amid heavy rains

6 dead, 4 injured after landslide in Mumbai amid heavy rains

Rediff.com12 Aug 2026

A devastating landslide in Mumbai's Ghatkopar area, triggered by heavy rains, has claimed the lives of six people, including three children, and left four others injured, with rescue operations facing significant challenges due to the narrow access routes.

How Did Tata Group Fare Under Chandra?

How Did Tata Group Fare Under Chandra?

Rediff.com21 Aug 2026

N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.

Gandhari, Dhamaal 4, Fauda Arrive On OTT

Gandhari, Dhamaal 4, Fauda Arrive On OTT

Rediff.com2 Sep 2026

Highly anticipated Bollywood movie premieres, post-theatrical releases, gripping new OTT series and the return of popular international shows: September promises a rich and varied slate of content.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

Some Revealing Facts About India's States!

Some Revealing Facts About India's States!

Rediff.com5 Sep 2026

As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.

How Cloud And AI Can Propel India's Economic Growth

How Cloud And AI Can Propel India's Economic Growth

Rediff.com7 Sep 2026

Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.

A Topper Reveals: Biggest Challenge In CA Prep Is....

A Topper Reveals: Biggest Challenge In CA Prep Is....

Rediff.com29 Jun 2026

CA All India Rank 3 Sohan Anil Manjrekar tells Rediff how he spent five years preparing for one of the toughest examinations in the country; he did it to fulfil his father's dream.

Chelsea bolster squad with Argentina's World Cup winner Martinez from Aston Villa

Chelsea bolster squad with Argentina's World Cup winner Martinez from Aston Villa

Rediff.com30 Aug 2026

Chelsea have completed the signing of World Cup-winning goalkeeper Emiliano 'Dibu' Martinez from Aston Villa on a three-year deal, strengthening their squad ahead of the new season.

Easy Loans: 5 Rules Every Borrower Should Follow

Easy Loans: 5 Rules Every Borrower Should Follow

Rediff.com21 Jul 2026

The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely

What Will Modi-Putin Discuss?

What Will Modi-Putin Discuss?

Rediff.com11 Sep 2026

One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

Maha auto, taxi drivers welcome Marathi learning deadline extension

Maha auto, taxi drivers welcome Marathi learning deadline extension

Rediff.com28 Aug 2026

The Maharashtra government has extended the deadline for autorickshaw and taxi drivers to acquire working knowledge of Marathi by one year, a decision welcomed by unions who say it removes the immediate threat to their livelihoods.

Why More Private Invits Are Shifting to Public Listings

Why More Private Invits Are Shifting to Public Listings

Rediff.com7 Sep 2026

At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).

CMRL challenges ED probe into Pinarayi Vijayan's daughter's case

CMRL challenges ED probe into Pinarayi Vijayan's daughter's case

Rediff.com30 May 2026

Cochin Minerals and Rutile Ltd (CMRL) has challenged the Kerala High Court's decision allowing the Enforcement Directorate (ED) to investigate its financial dealings with Veena T, daughter of Kerala's Chief Minister Pinarayi Vijayan. CMRL argues the ED probe lacks jurisdiction and violates natural justice principles.

India launches Rs 62,500 crore mobile production scheme to boost local brands

India launches Rs 62,500 crore mobile production scheme to boost local brands

Rediff.com22 Aug 2026

India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.

Mammootty@75: His 10 Best Family Dramas

Mammootty@75: His 10 Best Family Dramas

Rediff.com9 Sep 2026

Mammootty has played the family man through all its shades, and these 10 films prove just how devastatingly good he can be when he brings the tears along with the warmth.

Buying Property? Verify Title First

Buying Property? Verify Title First

Rediff.com8 Sep 2026

Examine the complete title chain to establish how the present owner acquired the property.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com22 Jul 2026

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.

What Subhash Chandra Hopes For...

What Subhash Chandra Hopes For...

Rediff.com31 Aug 2026

Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com31 Aug 2026

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

Global Price Surge Depletes 58% of India's FY27 Fertiliser Subsidy Budget

Global Price Surge Depletes 58% of India's FY27 Fertiliser Subsidy Budget

Rediff.com1 Sep 2026

India has exhausted 58.04 per cent of its FY27 fertiliser subsidy budget in under five months, primarily due to a significant surge in global urea prices following the conflict in West Asia, necessitating potential additional government expenditure.

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

Rediff.com17 Aug 2026

SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com24 Aug 2026

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.