News for 'Financial Development'

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Rediff.com10 Mar 2026

Chandigarh Police have launched an investigation into a fraud involving fake fixed deposit receipts (FDRs) worth 116.84 crore, allegedly issued by a private bank manager, impacting the Chandigarh municipal corporation's funds.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

How did India secure Hormuz passage for ships? Jaishankar reveals

How did India secure Hormuz passage for ships? Jaishankar reveals

Rediff.com16 Mar 2026

Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

Budget reflects a maturing economy

Budget reflects a maturing economy

Rediff.com11 Feb 2026

The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.

High cost of capital constraining private investment, growth

High cost of capital constraining private investment, growth

Rediff.com30 Jan 2026

India's high cost of capital due to relatively shallow corporate bond markets, limited institutional investor depth, sovereign risk premia, and regulatory restrictions on capital flows, is a constraint on private investment and long-run growth, the Economic Survey, authored by Chief Economic Advisor (CEA) V Anantha Nageswaran, said.

One Snapshot To Track Your Savings, Investments

One Snapshot To Track Your Savings, Investments

Rediff.com30 Jan 2026

Sebi is working with other regulators to expand the CAS framework.

Indian Youth Recruited for Terror by Pakistan Network: Police Bust Module

Indian Youth Recruited for Terror by Pakistan Network: Police Bust Module

Rediff.com23 Mar 2026

Delhi Police have busted a Pakistan-linked terror module recruiting Indian youth through social media, arresting a key operative and uncovering plans for potential attacks.

Maoist Surrenders Signal Insurgency's Endgame

Maoist Surrenders Signal Insurgency's Endgame

Rediff.com31 Mar 2026

As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

Rediff.com21 Mar 2026

Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.

Defence stocks gain amid West Asia crisis

Defence stocks gain amid West Asia crisis

Rediff.com4 Mar 2026

Even as the benchmark and broader indices were down sharply on Monday due to escalating tensions in West Asia, the Nifty Defence index ended the session in the green.

Gulf War: Time India Distances Itself From Israel

Gulf War: Time India Distances Itself From Israel

Rediff.com31 Mar 2026

It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Rediff.com19 Mar 2026

Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.

Why India equity markets are likely to remain volatile next week

Why India equity markets are likely to remain volatile next week

Rediff.com22 Feb 2026

Analysts predict continued volatility in Indian equity markets due to domestic macroeconomic data, F&O expiry, global developments including US tariff policies, and geopolitical tensions.

Is The UN Heading For Bankruptcy?

Is The UN Heading For Bankruptcy?

Rediff.com20 Feb 2026

Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.

Phase out universal subsidies: ADB-PwC study to 16th FC

Phase out universal subsidies: ADB-PwC study to 16th FC

Rediff.com16 Feb 2026

Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.

Three T20 World Cup titles, total domination: India's T20 dynasty begins

Three T20 World Cup titles, total domination: India's T20 dynasty begins

Rediff.com9 Mar 2026

India's recent T20 World Cup victory signals a new era of dominance in the format, driven by strategic gameplay, exceptional talent, and the financial power of the BCCI, while other teams struggle to compete.

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

Deepika Padukone Can't Breathe!

Deepika Padukone Can't Breathe!

Rediff.com13 Mar 2026

Deepika Padukone has raised concerns about the deteriorating air quality in Mumbai, India, highlighting the impact on residents, especially children. Her comments come amid growing concerns about pollution levels in the city, which have worsened in recent years due to construction, vehicular emissions, and industrial pollution.

TMC Leader Banerjee Predicts Steep Rise in LPG and Fuel Prices After Elections

TMC Leader Banerjee Predicts Steep Rise in LPG and Fuel Prices After Elections

Rediff.com27 Mar 2026

Trinamool Congress leader Abhishek Banerjee has warned of a significant increase in cooking gas and fuel prices by the BJP-led central government following the West Bengal assembly elections. He accused the BJP of neglecting the fuel crisis and challenged them to pledge no price hikes for the next five years.

Ramping up domestic LPG production to ensure supply: Sitharaman

Ramping up domestic LPG production to ensure supply: Sitharaman

Rediff.com17 Mar 2026

Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.

Banerjee Questions President's Silence on Tribal Issues, Alleges Political Interference

Banerjee Questions President's Silence on Tribal Issues, Alleges Political Interference

Rediff.com7 Mar 2026

West Bengal Chief Minister Mamata Banerjee has accused President Droupadi Murmu of acting on the advice of the BJP and questioned her silence on issues affecting tribal communities in other states. This comes after Murmu raised concerns about the pace of tribal development in West Bengal.

Oil surges over 25% to $116.5 per barrel

Oil surges over 25% to $116.5 per barrel

Rediff.com9 Mar 2026

Brent crude prices surged sharply on Monday, rising by more than 25 per cent to $116.5 per barrel, amid the ongoing conflict in West Asia, which has made crude prices bullish.

How a single diplomatic headline triggers a 1,000-point swing?

How a single diplomatic headline triggers a 1,000-point swing?

Rediff.com12 Mar 2026

In the present hyper-connected world, there are many domestic and global factors that affect financial markets. Of them, the most powerful and often least predictable are geopolitical events, which often boil down to one diplomatic headline.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com12 Mar 2026

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

Petrol Prices Stay Put For Now

Petrol Prices Stay Put For Now

Rediff.com10 Mar 2026

If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.

Murmu's 'upset' remark sparks spat with Mamata; Modi jumps in

Murmu's 'upset' remark sparks spat with Mamata; Modi jumps in

Rediff.com7 Mar 2026

West Bengal Chief Minister Mamata Banerjee escalates tensions ahead of assembly polls by accusing President Droupadi Murmu of political bias and criticising her stance on tribal welfare, sparking a major controversy.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 Mar 2026

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

Rediff.com15 Mar 2026

Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.

'One episode of financial instability can take us many years behind'

'One episode of financial instability can take us many years behind'

Rediff.com2 Oct 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media

New national policy pegs Rs 200 trn investment in power sector by '47

New national policy pegs Rs 200 trn investment in power sector by '47

Rediff.com22 Jan 2026

The government on Wednesday put out the draft of a new policy that projects the country's power sector will need Rs 50 trillion in investments by 2032 and Rs 200 trillion by 2047, proposing ambitious reforms in generation, transmission and distribution.

Fino Payments Bank MD Arrested for GST Violation

Fino Payments Bank MD Arrested for GST Violation

Rediff.com27 Feb 2026

Fino Payments Bank's MD and CEO, Rishi Gupta, has been arrested for violating Goods and Services Tax laws, prompting the appointment of Ketan Merchant as the interim head.

You Are Going Through A Quarter Life Crisis If...

You Are Going Through A Quarter Life Crisis If...

Rediff.com6 Mar 2026

Quarter life crises refer to periods when young people experience significant self-doubt, confusion or anxiety about their professional careers, says Shruti Swaroop.

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

Rediff.com20 Feb 2026

IMF Managing Director Kristalina Georgieva discusses the potential of artificial intelligence to boost global growth, particularly in India, while also addressing the significant risks of job displacement and financial instability.

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com19 Feb 2026

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

We must try to improve by learning from our mistakes: Pakistan ex-chief selector

We must try to improve by learning from our mistakes: Pakistan ex-chief selector

Rediff.com9 Mar 2026

Former Pakistani cricket stalwarts, players, and critics have acknowledged and praised India's victory in the T20 World Cup, attributing their success to a strong cricket structure, winning culture, and adaptability to modern T20 cricket.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

Rediff.com4 Mar 2026

The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Vishwajeet Jhawar, promoter of Marvel Group, following a petition by APRN Enterprises for outstanding debt.