News for 'Financial Conditions'

SC forms SIT to probe complaints against Vantara

SC forms SIT to probe complaints against Vantara

Rediff.com26 Aug 2025

The Supreme Court of India has formed a Special Investigation Team (SIT) to investigate allegations of non-compliance with laws and irregularities at Vantara, a Green Zoological Rescue and Rehabilitation Centre in Gujarat. The SIT will examine the acquisition of animals, compliance with wildlife protection laws, and other related issues.

For Pujara Batting Was Like Meditation

For Pujara Batting Was Like Meditation

Rediff.com25 Aug 2025

Every innings he played will be remembered along with every drop of sweat he shed to display the purity of technique with resilience, recalls veteran cricket correspondent K R Nayar.

India Wants Pakistan Back On FATF 'Grey List'

India Wants Pakistan Back On FATF 'Grey List'

Rediff.com26 May 2025

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.

This is How Traders Track Multibagger Stocks

This is How Traders Track Multibagger Stocks

Rediff.com9 Jul 2025

A multibagger stock multiplies its original investment several times, delivering returns of 100%, 200%, or even higher. The excitement of finding such wealth creators is undeniable, but the process of identifying them is far from simple. It requires a careful blend of research, patience, and the right set of tools.

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Rediff.com8 Aug 2025

The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is equal to 0.01 per cent.

271 people admitted to hospital following Iran strikes: Israel

271 people admitted to hospital following Iran strikes: Israel

Rediff.com19 Jun 2025

So far, most of the injured have been released. Currently, 106 people are being treated in hospitals, and another 149 are being treated in the emergency room.

Prospects of economy expected to improve in 2025: RBI Guv

Prospects of economy expected to improve in 2025: RBI Guv

Rediff.com30 Dec 2024

Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Costly Mid-Layer Faces IT Layoff Axe

Costly Mid-Layer Faces IT Layoff Axe

Rediff.com18 Aug 2025

More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.

How Kerala Aims to Be India's First Poverty Free State

How Kerala Aims to Be India's First Poverty Free State

Rediff.com14 Jul 2025

Despite facing financial constraints, Kerala has been able to invest in welfare schemes and targeted programmes.

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

'China Is Competing In A Space Where India Was Dominant'

'China Is Competing In A Space Where India Was Dominant'

Rediff.com19 Aug 2025

'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'

Railways plan to carry 45 pc of national cargo by 2030

Railways plan to carry 45 pc of national cargo by 2030

Rediff.com22 Jul 2025

Experts say Indian Railways must grow its share in the freight market to remain financially sustainable.

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

Rediff.com6 Jun 2025

Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.

Will India-UK FTA Be Boon For British Cars?

Will India-UK FTA Be Boon For British Cars?

Rediff.com28 Jul 2025

For UK automakers, market access to India will be limited by quantity caps and phased tariff cuts, especially on petrol, diesel and electric vehicles.

HC refuses to accept TMC MP's apology in Lakshmi Puri defamation case

HC refuses to accept TMC MP's apology in Lakshmi Puri defamation case

Rediff.com8 Jul 2025

The Delhi High Court refused to accept TMC MP Saket Gokhale's written apology in a defamation case against former diplomat Lakshmi Murdeshwar Puri, citing discrepancies and directing him to file a fresh one. The case involves allegations of defamatory utterances and financial impropriety.

IMF lowers India's growth projection to 6.2% for FY26

IMF lowers India's growth projection to 6.2% for FY26

Rediff.com22 Apr 2025

The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).

RBI not targeting specific rupee level: Guv

RBI not targeting specific rupee level: Guv

Rediff.com7 Feb 2025

Reserve Bank Governor Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any 'specific level or band' of the rupee, which slipped to an all-time low of 87.59 to a US dollar. On Thursday, the rupee plunged 16 paise to close at a record low of 87.59 against the American currency. "I would like to mention here that the Reserve Bank's exchange rate policy has remained consistent over the years.

The Real Reason For The TCS Layoffs

The Real Reason For The TCS Layoffs

Rediff.com5 Aug 2025

While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Rediff.com21 Jul 2025

Markets regulator Sebi on Monday announced that it has allowed Jane Street, the US-based proprietary trading firm accused of market manipulation, to resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi's directive, issued in the interim order dated July 3, to deposit the amount in an escrow account.

Why A Chess Master Has Complained Against AICF

Why A Chess Master Has Complained Against AICF

Rediff.com15 Aug 2025

International Master Atanu Lahiri, a former joint secretary, AICF, in a complaint to the Registrar of Societies, Tamil Nadu has urged the initiation of a probe on alleged mismanagement or misuse of AICF funds and even dissolve the chess body if gross violation of its objectives and obligations were found.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

Feeling Lonely? Here's How To Beat It

Feeling Lonely? Here's How To Beat It

Rediff.com29 Jul 2025

In a world that needs more connection, learn how to break free from loneliness, build meaningful relationships, and improve your health.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Sensex jumps 1,000 points; Nifty surges over 1%

Sensex jumps 1,000 points; Nifty surges over 1%

Rediff.com26 Jun 2025

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

Cautious state-run banks expect 11-13% credit growth in FY26

Cautious state-run banks expect 11-13% credit growth in FY26

Rediff.com20 May 2025

Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.

LIC Q4 profit jumps 38% to Rs 19,013 cr

LIC Q4 profit jumps 38% to Rs 19,013 cr

Rediff.com27 May 2025

State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

Gaganyaan To Head To Space In Early 2027

Gaganyaan To Head To Space In Early 2027

Rediff.com25 Aug 2025

The Human-rated LVM3 vehicle, the Crew Escape System and the Crew Module and Service Module are all in final stages of testing and integration.

IPO Pipeline Swells with 118 DRHPs

IPO Pipeline Swells with 118 DRHPs

Rediff.com11 Jul 2025

Experts say the robust filing suggests the second half of the year will see large-scale issuances, provided the markets remain supportive.

Coming Soon: IPOs Worth Rs 1.02 Trillion

Coming Soon: IPOs Worth Rs 1.02 Trillion

Rediff.com2 Jun 2025

Over 60 companies are ready to launch IPOs in the coming months.

Govt urges banks to close inoperative Jan Dhan accounts

Govt urges banks to close inoperative Jan Dhan accounts

Rediff.com7 Jul 2025

State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Rediff.com28 Mar 2025

Jio Finance, a wholly owned subsidiary of Jio Financial Services, is likely to delay its maiden bond issue of Rs 3,000 crore, originally scheduled for this month. The decision comes amid expectations of softening yields in April because the Reserve Bank of India's (RBI's) monetary policy committee (MPC) is widely expected to cut the policy repo rate by another 25 basis points, sources said.

Baloch rebels claim total control of Surab city, target govt installations

Baloch rebels claim total control of Surab city, target govt installations

Rediff.com1 Jun 2025

BLA fighters reportedly took positions across the city, seizing control of the Levies and police stations, the deputy commissioner's office, a government guest house, and local bank branches.

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

'I'm Not A Chor'

'I'm Not A Chor'

Rediff.com7 Jun 2025

Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.

Moody's on how Trump's tariffs will hurt the economy

Moody's on how Trump's tariffs will hurt the economy

Rediff.com16 Apr 2025

Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession.

Will RBI's rate cut help drive India's growth

Will RBI's rate cut help drive India's growth

Rediff.com18 Feb 2025

The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank's chief economist Neelkanth Mishra said on Tuesday. Mishra, who is also a part-time member of the Economic Advisory Council to the PM, said the rate cut announced earlier this month or even the subsequent ones if they were to come will not end up increasing borrowings as the scarce liquidity will hamper transmission.