News for 'Financial Challenges'

'If You Are Facing Ragging Or Discrimination...'

'If You Are Facing Ragging Or Discrimination...'

Rediff.com2 Oct 2026

Imran Ahmed Khan, who studied at the Government College of Engineering, Amravati (2002 batch) and is currently employed with Aramco, had this advice to share with today's students.

SC upholds Bombay HC order quashing Yes Bank's Rs 8,415 cr AT-1 bonds' write-off

SC upholds Bombay HC order quashing Yes Bank's Rs 8,415 cr AT-1 bonds' write-off

Rediff.com7 days ago

The Supreme Court has upheld the Bombay High Court's decision to quash the Yes Bank administrator's write-off of Rs 8,415 crore worth of Additional Tier 1 (AT-1) bonds, criticising the RBI and Yes Bank's conduct.

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Rediff.com8 Aug 2026

Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.

Adani Group's F1 Ambitions: What Pranav Adani's Singapore GP Visit Means For India

Adani Group's F1 Ambitions: What Pranav Adani's Singapore GP Visit Means For India

Rediff.com13 Oct 2026

Pranav Adani's visit to the Singapore Grand Prix has intensified speculation about Formula 1's return to India. The Adani Group, which owns the Buddh International Circuit, is actively pursuing the revival of the Indian Grand Prix, with support from the Indian government. However, significant financial and logistical challenges, including tax clarity and substantial upgrade costs, must be overcome amidst increasing global competition for hosting races.

India-Pakistan rivalry lifts Asian Games viewership and revenue

India-Pakistan rivalry lifts Asian Games viewership and revenue

Rediff.com4 Oct 2026

India-Pakistan clashes in cricket and hockey drew big audiences at the Aichi-Nagoya Asian Games, helping fuel stronger viewership and a 20% revenue rise.

Football Administrator Ranjit Bajaj Challenges AIFF Election Deferment In Court

Football Administrator Ranjit Bajaj Challenges AIFF Election Deferment In Court

Rediff.com8 Sep 2026

Football administrator Ranjit Bajaj has filed a writ petition in court, seeking directions for the All India Football Federation (AIFF) to immediately schedule and complete elections for its Executive Committee. Bajaj argues that the AIFF has already adopted a compliant constitution, making further deferment unjustified.

India Builds Resilience Against Future Global Shocks

India Builds Resilience Against Future Global Shocks

Rediff.com14 Oct 2026

Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.

IIT Delhi Researchers Successfully Transmit Quantum And Classical Data Over Single Fibre

IIT Delhi Researchers Successfully Transmit Quantum And Classical Data Over Single Fibre

Rediff.com5 Oct 2026

Researchers at IIT Delhi have successfully demonstrated the simultaneous transmission of quantum-entangled photons and classical data over a 50-km optical fibre link. This breakthrough addresses key challenges in integrating fragile quantum signals with existing telecommunications infrastructure, paving the way for more scalable and secure future quantum networks.

Infosys CEO Predicts AI Will Drive Half Of Company's Work

Infosys CEO Predicts AI Will Drive Half Of Company's Work

Rediff.com13 Oct 2026

Infosys CEO Salil Parekh stated on Tuesday that the company's AI services, currently contributing over 8% of revenue, are growing rapidly and could account for almost half of its work within two to three years. He highlighted the strong demand for AI services, the company's hiring and training efforts for graduates in AI, and discussed potential risks like infrastructure challenges and societal backlash.

The Lady Who Changed Indian Banking

The Lady Who Changed Indian Banking

Rediff.com4 days ago

By the time she finished her term as SBI chairman, she was overseeing over two lakh employees, 24,000 domestic branches, 100 international ones and a bank that had stepped into the technological age and become youth-friendly. Meet Arundhati Bhattacharya, the first woman chairman of the State Bank of India and president and CEO, Salesforce, South Asia.

HDFC Bank Q2 net profit up 6%; incoming MD Bagchi hints at balance sheet focus

HDFC Bank Q2 net profit up 6%; incoming MD Bagchi hints at balance sheet focus

Rediff.com5 days ago

HDFC Bank reported a 5.55 per cent increase in consolidated net profit to Rs 20,700 crore for the September quarter, with incoming MD and CEO Anup Bagchi indicating a focus on strengthening the balance sheet and addressing retail vertical concerns post-merger.

Make good films, rebuild image, SC tells Rajpal Yadav

Make good films, rebuild image, SC tells Rajpal Yadav

Rediff.com7 Oct 2026

The Supreme Court advised actor Rajpal Yadav to make good movies and entertain people to rebuild his image, as it acknowledged his payment of Rs 1.15 crore in a long-running cheque-bounce case. The court also noted a prospective buyer for his property willing to deposit Rs 85 lakh. Yadav expressed financial losses from his film 'Ata Pata Laapata' and the impact on his career.

Sessions Court Backs FIR Against Former Lilavati Trust Official

Sessions Court Backs FIR Against Former Lilavati Trust Official

Rediff.com9 Oct 2026

A Mumbai sessions court has refused to overturn a magistrate's order directing police to register an FIR against an erstwhile trustee of the Lilavati Kirtilal Mehta Medical Trust. The FIR pertains to allegations of fund misappropriation and harassment that allegedly led to the death of trustee Kishor Mehta. The court found the magistrate's order to be "well within jurisdiction."

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Mikel Arteta Signs Landmark Arsenal Contract Extension

Mikel Arteta Signs Landmark Arsenal Contract Extension

Rediff.com7 Oct 2026

Arsenal manager Mikel Arteta has signed a new contract, extending his tenure until 2030. The deal, reportedly worth 20 million annually, solidifies his position as the longest-serving coach in England's top flight. Arteta led Arsenal to a Premier League title last season and a Champions League final, with the club aiming for sustained success amidst rival Manchester City's financial sanctions.

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

Rediff.com8 Oct 2026

The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.

Sonam Maskar Sets Sights On 2028 LA Olympics Quota

Sonam Maskar Sets Sights On 2028 LA Olympics Quota

Rediff.com7 Oct 2026

Sonam Maskar, a silver medallist in the women's 10m air rifle team event, has expressed her ambition to secure a quota place for the 2028 Los Angeles Olympics at the upcoming ISSF World Championship in Doha. She also reflected on her journey, highlighting financial struggles and her father's support. The article also features kabaddi player Raj Rani, who won a gold medal at the Asian Games, sharing her joy and acknowledging her father's role in her success.

'Day 1 At IIT-Bombay Was Frightening'

'Day 1 At IIT-Bombay Was Frightening'

Rediff.com1 Oct 2026

'There was a huge cultural gap. I could not understand the slang, the Mumbai lingo, and would often feel left out during conversations. Since I had studied in the Hindi medium till then, I could not understand English,' says Anup Raaj, an alumnus of IIT-B and founder of InstaPreps AI, a confidence-building platform for students, and coaching institute 7Classes.

Auto Dealers Gear Up For Robust Oct As Festival Season Bookings Rise

Auto Dealers Gear Up For Robust Oct As Festival Season Bookings Rise

Rediff.com12 Oct 2026

Automobile dealers in India are reporting healthy bookings ahead of Navratri and Dussehra, with the Federation of Automobile Dealers Associations (Fada) indicating strong confidence in a pickup in deliveries from mid-October, despite a high base from last year's GST-led surge.

Penguin to release Tukaram Mundhe's biography in English

Penguin to release Tukaram Mundhe's biography in English

Rediff.com7 Oct 2026

Penguin India has announced the English translation of "Tukaram," a Marathi biography of Maharashtra FDA Commissioner Tukaram Mundhe. The book, originally by Shafi Pathan and translated by Vikrant Pande, details Mundhe's life from a challenging childhood to his impactful civil service career, known for his strict enforcement of food safety regulations.

Sports Ministry Scrutinises India's Asian Games Performance, Plans For Future

Sports Ministry Scrutinises India's Asian Games Performance, Plans For Future

Rediff.com15 Oct 2026

The Sports Ministry conducted a review of India's Asian Games performance, scrutinising the lower-than-expected medal haul in athletics and badminton. Chaired by Sports Minister Mansukh Mandaviya, the meeting addressed issues like injured athletes and future planning for the 2028 Los Angeles Olympics, with a strong emphasis on federations delivering results and nurturing young talent.

Kirti's story: From paddy fields to Asian Games gold

Kirti's story: From paddy fields to Asian Games gold

Rediff.com2 Oct 2026

The Indian women's recurve archery team, featuring Haryana's Kirti Sharma, secured a historic gold medal at the Asian Games by defeating South Korea. Haryana Chief Minister Nayab Singh Saini lauded their achievement, while Kirti's family in Jind expressed immense pride, sharing their struggles and hopes for an Olympic gold.

World Champion Lando Norris Eager To Race In India Amid F1 Revival Push

World Champion Lando Norris Eager To Race In India Amid F1 Revival Push

Rediff.com8 Oct 2026

Reigning world champion Lando Norris has expressed a strong desire to race in India, acknowledging the country's massive Formula 1 fan base. This comes as the Indian government and Adani Group are exploring options to bring F1 back to the Buddh Circuit, despite significant financial and logistical hurdles. Norris, who has a close friend in Indian driver Jehan Daruvala, believes racing in India would be great for the sport.

SC asks high court to consider Delhi Gymkhana members' plea

SC asks high court to consider Delhi Gymkhana members' plea

Rediff.com5 Oct 2026

The Supreme Court has directed the Delhi High Court to reconsider a plea by 11 members of the Delhi Gymkhana Club challenging the Centre's decision to take over 27.3 acres of land leased to the club and subsequent eviction proceedings. The members argue that the government-nominated management cannot effectively challenge the Centre's actions, which they deem a "colourable exercise" of power and a violation of fundamental rights.

Pak-China 5th Gen fighter jet deal cause of worry, but...: IAF chief

Pak-China 5th Gen fighter jet deal cause of worry, but...: IAF chief

Rediff.com3 Oct 2026

Air Chief Marshal AP Singh, Chief of Air Staff, has expressed significant concern over the inordinate delays in inducting new combat jets, including the indigenous Tejas aircraft, stating that these delays are severely impacting the Indian Air Force's depleting fighter squadron strength. He highlighted the need for 36-40 new fighter jets annually to address these gaps and voiced worry over Pakistan's collaboration with China on a fifth-generation fighter jet.

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Rediff.com29 Sep 2026

Anthropic has formally warned investors that its technology may pose "existential risks to humanity" in a long-awaited initial public offering prospectus circulated with a small group of partners in recent days.

India's FY27 growth to moderate in H2 amid inflation, liquidity risks: DBS

India's FY27 growth to moderate in H2 amid inflation, liquidity risks: DBS

Rediff.com22 Sep 2026

India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.

Sadhna Group Chairman Held In Major Money Laundering Probe

Sadhna Group Chairman Held In Major Money Laundering Probe

Rediff.com10 Oct 2026

The Enforcement Directorate has arrested Rakesh Kumar Gupta, Chairman of Sadhna Group, in a money laundering case linked to alleged irregularities in IBC processes. He is accused of engineering insolvency to settle significant Income Tax dues for a fraction of the amount, receiving cash via crypto/hawala, and share manipulation. The alleged proceeds of crime total Rs 168 crore, and Gupta has been remanded to five days of ED custody.

How to choose the right IPO? Essential tips for investors

How to choose the right IPO? Essential tips for investors

Rediff.com29 Sep 2026

An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.

RBI Rate Hike to Test Housing Affordability, Buyer Sentiment During Festive Season

RBI Rate Hike to Test Housing Affordability, Buyer Sentiment During Festive Season

Rediff.com8 Oct 2026

The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Rediff.com12 Oct 2026

Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.

Why Retailers Are Protesting New UPI MDR Charges

Why Retailers Are Protesting New UPI MDR Charges

Rediff.com30 Sep 2026

The All India Mobile Retailers Association (AIMRA) has announced a nationwide 'No UPI Day' protest on October 2 against the proposed 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Retailers argue that this charge will burden small businesses and impact their already thin profit margins, urging policymakers to withdraw the proposal.

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rediff.com8 Jul 2026

The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.

'Save this league': India women make passionate plea for Women's HIL

'Save this league': India women make passionate plea for Women's HIL

Rediff.com25 Aug 2026

India women's hockey players urge the Sports Ministry and corporates to save the Women's HIL, saying the league is vital for developing future talent.

Not Consulted On Tata Sons Recast Proposal: Trusts Vice-Chairmen

Not Consulted On Tata Sons Recast Proposal: Trusts Vice-Chairmen

Rediff.com2 Oct 2026

Tata Trusts Vice-Chairmen Venu Srinivasan and Vijay Singh challenge a proposed reorganisation of Tata Sons, alleging a lack of trustee consultation and raising concerns about its regulatory and financial implications.

Supreme Court asks Centre: Why not cap margins on all medicines?

Supreme Court asks Centre: Why not cap margins on all medicines?

Rediff.com13 Oct 2026

The Supreme Court has questioned the Centre's decision to cap trade margins on anti-cancer drugs at 30 per cent, asking why similar restrictions could not be extended to other medicines and medical consumables, citing glaring disparities between procurement costs and maximum retail prices (MRPs).

Why Paytm's First Bonus Issue Signals Strong Financial Health

Why Paytm's First Bonus Issue Signals Strong Financial Health

Rediff.com16 Jul 2026

One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.

Employers can now claim ITC on group health, life insurance for staff

Employers can now claim ITC on group health, life insurance for staff

Rediff.com9 Oct 2026

The Goods and Services Tax (GST) Council has announced that Input Tax Credit (ITC) will now be available on health and life insurance policies provided by employers to their employees, a move expected to significantly reduce costs for businesses, especially MSMEs.

How A Ronaldinho Reel Changed Quimcy's Sporting Journey

How A Ronaldinho Reel Changed Quimcy's Sporting Journey

Rediff.com19 Sep 2026

Quimcy Dsouza, a former Maharashtra footballer, made an unconventional journey to the Asian Games teqball semifinals after discovering the sport through Ronaldinho. Despite a defeat, she expressed pride in her performance and her role in pioneering teqball in India, highlighting the challenges of limited funding and her dedication to growing the sport.

IAF chief warns of depleting fighter squadron strength

IAF chief warns of depleting fighter squadron strength

Rediff.com4 Oct 2026

Air Chief Marshal AP Singh has voiced concerns over significant delays in inducting new combat jets, including the Tejas aircraft, which are impacting the Indian Air Force's depleting fighter squadron strength. He stressed the need for annual induction of 36-40 jets to address the gaps and discussed ongoing procurement plans like the MRFA deal and future strategies for combat aircraft and theatre commands.