News for 'Financial Express'

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Rediff.com11 Aug 2026

The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

3 newborns killed in Maha govt hospital fire, 36 rescued; probe ordered

3 newborns killed in Maha govt hospital fire, 36 rescued; probe ordered

Rediff.com24 Aug 2026

The incident, which occurred early Monday morning, was reportedly caused by a sparking ventilator.

The Taj's Hidden Story Is India's Wealth

The Taj's Hidden Story Is India's Wealth

Rediff.com26 Aug 2026

In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.

Olympic Gold Medallist Arshad Nadeem Explains Glasgow Performance

Olympic Gold Medallist Arshad Nadeem Explains Glasgow Performance

Rediff.com6 Aug 2026

Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem has responded to social media criticism following his disappointing ninth-place finish at the recent Commonwealth Games in Glasgow. Nadeem attributed his poor performance to the extremely cold weather, which stiffened his muscles and hindered his throws. He emphasised his commitment to his country and his grounded nature, expressing confidence in his ability to return to winning form at the upcoming Athletissima event.

Planning To Invest In A House? Check Rental Yield

Planning To Invest In A House? Check Rental Yield

Rediff.com20 Aug 2026

Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

Al-Qaeda behind Red Fort terror attack that killed 15: UN report

Al-Qaeda behind Red Fort terror attack that killed 15: UN report

Rediff.com13 Aug 2026

A new UN Security Council report has 'officially attributed' the November 2025 Red Fort terror attack in New Delhi, which killed about 15 people, to Al-Qaeda in the Indian Subcontinent (AQIS). The report highlights AQIS's evolution into a regional terrorist entity and its efforts to establish networks.

Should You Invest In Balanced Hybrid Funds?

Should You Invest In Balanced Hybrid Funds?

Rediff.com27 Aug 2026

'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'

Missed Filing Income Tax Return? Read This

Missed Filing Income Tax Return? Read This

Rediff.com12 Aug 2026

A delayed ITR could prompt greater scrutiny, document requests or processing delays.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com21 Aug 2026

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

Zaheer Khan Acquires Jaffna Kings In Sri Lanka's T20 League

Zaheer Khan Acquires Jaffna Kings In Sri Lanka's T20 League

Rediff.com5 Aug 2026

Indian pace legend Zaheer Khan, through his co-owned Stockholm-based Anchor Sports AB, has acquired the Lanka Premier League (LPL) franchise Jaffna Kings, which will now be rebranded as Anchor Jaffna Kings.

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Rediff.com11 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

Rediff.com4 Aug 2026

Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.

'I Was Scammed on a Matrimonial Web Site'

'I Was Scammed on a Matrimonial Web Site'

Rediff.com14 Aug 2026

rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.

Building Multiple Layers Health Cover Is A Must

Building Multiple Layers Health Cover Is A Must

Rediff.com17 Aug 2026

Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs.

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Rediff.com19 Aug 2026

The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.

Maha cabbies to get Marathi lessons before action: Govt

Maha cabbies to get Marathi lessons before action: Govt

Rediff.com18 Aug 2026

Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.

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.

How To Claim Unclaimed Bank Deposits

How To Claim Unclaimed Bank Deposits

Rediff.com21 Aug 2026

A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.

Rishabh Pant seeks Uttarakhand land for home, CM Dhami assures help

Rishabh Pant seeks Uttarakhand land for home, CM Dhami assures help

Rediff.com8 Aug 2026

India wicketkeeper-batter Rishabh Pant has appealed to Uttarakhand Chief Minister Pushkar Singh Dhami for assistance in acquiring land to build a home and shift his base from Delhi to his native state. CM Dhami has assured Pant of all possible help, stating that the matter has been referred to concerned officials.

10 Malayalam Songs That Capture Onam Best

10 Malayalam Songs That Capture Onam Best

Rediff.com25 Aug 2026

From timeless classics to modern favourites, these 10 Malayalam songs capture the colour, warmth and togetherness of Onam like few others can.

'Still no job': India's U20 javelin silver medallist opens up

'Still no job': India's U20 javelin silver medallist opens up

Rediff.com12 Aug 2026

Ashish Yadav, a 19-year-old javelin thrower, won a silver medal at the World Under-20 championships, becoming the second Indian after Neeraj Chopra to achieve this feat. Despite his sporting success and significant improvement in performance through systematic training in Hisar, Yadav continues to search for a job to support his family, highlighting the financial challenges faced by many aspiring athletes.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

Champat Rai, Anil Mishra Get Clean Chit From SIT?

Champat Rai, Anil Mishra Get Clean Chit From SIT?

Rediff.com18 Aug 2026

Former Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai and ex-trustee Anil Mishra, who had stepped down amid a temple donation theft controversy, are now actively holding meetings and interacting with seers in Ayodhya. This re-emergence coincides with the Special Investigation Team (SIT) sharing its final report on alleged irregularities in Ram temple donations with the Trust, sparking speculation about its findings.

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Rediff.com2 Aug 2026

Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.

Vijay's 'gift' leaves MLA singing his praises in assembly

Vijay's 'gift' leaves MLA singing his praises in assembly

Rediff.com19 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.

Nihal Sarin has a strong message for struggling Gukesh

Nihal Sarin has a strong message for struggling Gukesh

Rediff.com17 Aug 2026

Indian Grandmaster Nihal Sarin discusses fellow world champion D Gukesh's recent performance slump, attributing it to a lack of confidence rather than a decline in skill. Sarin expresses hope that the upcoming Chess Olympiad will help Gukesh regain his form. He also shares his views on the increasing role of AI in chess, the evolution towards faster formats, and potential improvements in the chess ecosystem.

Black Sea attack victim's remains reach Kanpur; family refuses last rites

Black Sea attack victim's remains reach Kanpur; family refuses last rites

Rediff.com6 Aug 2026

The mortal remains of Merchant Navy chief officer Sagar Gupta, who was killed in a Black Sea attack amid the Russia-Ukraine conflict, were brought to his native place in Kanpur on Wednesday, 18 days after the incident, with his family demanding 'martyr' status and compensation.

Jhandu Kumar Wins India's First Medal At Glasgow Commonwealth Games

Jhandu Kumar Wins India's First Medal At Glasgow Commonwealth Games

Rediff.com25 Jul 2026

Jhandu Kumar, an Indian para powerlifter, secured India's first medal at the Commonwealth Games, winning bronze in the men's heavyweight category.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

ITR Notices Explained: What Every Taxpayer Should Know

ITR Notices Explained: What Every Taxpayer Should Know

Rediff.com3 Aug 2026

'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'

FIFA President's Position 'Untenable' After World Cup Rights Sale Fails

FIFA President's Position 'Untenable' After World Cup Rights Sale Fails

Rediff.com2 Aug 2026

Gianni Infantino's position as FIFA president is deemed 'untenable' by the head of Europe's professional football leagues following his failed plan to sell a stake in the World Cup's commercial rights, a move that triggered widespread protest and a loss of confidence from regional confederations.

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

Rediff.com31 Jul 2026

India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.

Salah Says Goodbye to Liverpool, Hello Turkey

Salah Says Goodbye to Liverpool, Hello Turkey

Rediff.com5 Aug 2026

Mohamed Salah has arrived in Istanbul, greeted by hundreds of fans, ahead of his expected free transfer to Turkish Super Lig side Trabzonspor, marking a new chapter after nine successful years at Liverpool.

Cricket Scotland, Dutch Cricket Association slam ICC over 2027 World Cup format changes

Cricket Scotland, Dutch Cricket Association slam ICC over 2027 World Cup format changes

Rediff.com10 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association have strongly criticised the International Cricket Council's decision to implement significant structural changes to the 2027 ODI World Cup qualification pathway and tournament format, stating it 'risk weakening the integrity and credibility of international cricket'.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

AFC slams FIFA's $20bn World Cup plan as 'unacceptable'

AFC slams FIFA's $20bn World Cup plan as 'unacceptable'

Rediff.com30 Jul 2026

Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Rediff.com16 Jul 2026

IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.

Can FIFA's small nations save Infantino's presidency?

Can FIFA's small nations save Infantino's presidency?

Rediff.com3 Aug 2026

Gianni Infantino's bid for a fourth term as FIFA president faces challenges from traditional football powers, but his strategy relies heavily on the support of smaller, emerging nations that benefit significantly from FIFA's development grants.