News for 'Financial Highlights'

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

India among top fintech hotspots globally: WEF study

India among top fintech hotspots globally: WEF study

Rediff.com25 Jun 2025

A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Rediff.com11 Sep 2025

'No one can ignore PK's prediction about Nitish Kumar's party.'

The Indian Techie Who Broke The Internet

The Indian Techie Who Broke The Internet

Rediff.com4 Jul 2025

Indian engineer Soham Parekh, who was caught juggling multiple full-time Silicon Valley jobs, sparked both a viral meme storm and a fierce debate on remote work, ethics and startup hiring processes.

Taxpayers Stuck In Bureaucratic Nightmare

Taxpayers Stuck In Bureaucratic Nightmare

Rediff.com24 Jul 2025

The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.

Tax Filing: Mistakes To Avoid

Tax Filing: Mistakes To Avoid

Rediff.com24 Jul 2025

Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly.

71% Of Train Mishaps Linked To Derailment

71% Of Train Mishaps Linked To Derailment

Rediff.com7 Jul 2025

Between 2015 and 2023, around 543 train accidents occurred, resulting in 805 deaths.

SC wants insurance cover for 'braveheart' disabled defence cadets

SC wants insurance cover for 'braveheart' disabled defence cadets

Rediff.com18 Aug 2025

The Supreme Court has directed the Centre to explore providing insurance covers to defence cadets who suffer injuries or disabilities during training, emphasizing the need to support these 'braveheart cadets'.

In Beijing, Doval issues veiled warning to Pakistan

In Beijing, Doval issues veiled warning to Pakistan

Rediff.com24 Jun 2025

National Security Adviser Ajit Doval on Tuesday called for shunning double standards in combating terrorism and urged members of the Shanghai Cooperation Organisation (SCO) to hold accountable perpetrators, organisers and financers of cross-border terrorism, seen as reference to Pakistan.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

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.

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

Rediff.com12 Aug 2025

If pharmaceutical exports from India to the US come under a 25 per cent tariff bracket, the impact on earnings before interest, tax, depreciation and amortisation (Ebitda) could be around 5 per cent, felt analysts. This is after assuming that about 75 per cent of the tariff would be passed on.

CII expects GDP to grow 6.4-6.7% in FY26

CII expects GDP to grow 6.4-6.7% in FY26

Rediff.com3 Jul 2025

India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.

How to Choose Right Home Insurance

How to Choose Right Home Insurance

Rediff.com28 Jul 2025

Understand policy inclusions and exclusions to avoid surprises during claims.

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.

Maha govt declares Ganeshotsav as state festival, to 'bear expenses'

Maha govt declares Ganeshotsav as state festival, to 'bear expenses'

Rediff.com11 Jul 2025

The Maharashtra government has officially declared the Sarvajanik Ganeshotsav as the 'State Festival of Maharashtra', emphasizing its commitment to preserving and promoting the festival's cultural legacy. The government has also addressed issues related to POP idols and pledged financial support for celebrations.

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.

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

2 Indians killed, one abducted in terror attack in Niger

2 Indians killed, one abducted in terror attack in Niger

Rediff.com20 Jul 2025

In a heinous terror attack, two Indians were killed while one was abducted in the Dosso region of Niger, as noted by the Indian Embassy in Niger.

10 Indian Startups in WEF Top 100

10 Indian Startups in WEF Top 100

Rediff.com27 Jun 2025

Notably, four portfolio companies-- Agnikul, ePlane, CynLr, and GalaxEye -- of deep-tech investor Speciale Invest made it to the list.

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

Challenges Before The New Data Law

Challenges Before The New Data Law

Rediff.com28 Jul 2025

DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.

When Voter ID Matters And When It Doesn't

When Voter ID Matters And When It Doesn't

Rediff.com23 Aug 2025

When the government chooses to either ignore or use identity documents only when it suits them, it shakes people's sense of stability, notes Shyam G Menon.

Tesla opens its first India showroom in Mumbai's BKC

Tesla opens its first India showroom in Mumbai's BKC

Rediff.com15 Jul 2025

"I welcome Tesla here in Mumbai. Tesla has opened an experience centre here, and it is a statement that Tesla has arrived and it's a statement they Tesla has arrived in the right city and right state," Fadnavis said on the occasion.

Radhika Yadav was just a co-actor: Music video producer

Radhika Yadav was just a co-actor: Music video producer

Rediff.com12 Jul 2025

'This incident is being given a Hindu-Muslim angle too. I don't know why it is being done. I don't have anything to do with this case...'

Myanmar-linked arms smuggling racket busted in Manipur

Myanmar-linked arms smuggling racket busted in Manipur

Rediff.com6 Jul 2025

Security agencies in Manipur are investigating an arms smuggling racket originating from Myanmar, with potential nationwide implications. The probe follows the arrest of a senior leader from a Valley-based Insurgent Group (VBIG).

Financial regulators back ISA 600 for auditors of listed companies

Financial regulators back ISA 600 for auditors of listed companies

Rediff.com3 Sep 2024

The National Financial Reporting Authority (NFRA) will invite public comments on the revised International Standard on Auditing 600 (ISA 600) proposed to be adopted by publicly listed companies and non-public-sector banks, sources close to the development told Business Standard. The decision to take this "graded approach" for the adoption of the ISA, which is meant to rein in auditors often found hiding behind the audit reports signed off by subsidiary companies, was taken at a meeting of various financial sector regulators at NFRA's board meeting on Monday (August 26). The idea behind upgrading the Standards of Audit 600 currently followed by Indian auditors to ISA 600 is to plug current gaps, which have led to major audit lapses in the recent past.

'Will never compromise...': Modi's big remark amid Trump tariffs

'Will never compromise...': Modi's big remark amid Trump tariffs

Rediff.com7 Aug 2025

Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.

Top Competitive Exams After Class 12

Top Competitive Exams After Class 12

Rediff.com18 Aug 2025

rediffGURU Nayagam PP, career counsellor and the founder of EduJob360, counsels students and aspiring professionals about how they can make the right career decision.

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.

Working With A Younger Boss? 10 Smart Tips For You

Working With A Younger Boss? 10 Smart Tips For You

Rediff.com31 Jul 2025

Adarsh Rai, an emotional intelligence coach and the founder-CEO of HR Brain HUB, suggests simple, practical tips that will help you adapt and thrive while working with Gen Z and millennial bosses in today's evolving workplace.

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Rediff.com23 Apr 2025

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.

AI, ML tools used by brokers may come under Sebi lens

AI, ML tools used by brokers may come under Sebi lens

Rediff.com23 Jun 2025

The proposed guidelines cover several key parameters, including governance, investor protection, disclosure, testing frameworks, fairness and bias, and data privacy and cybersecurity measures.

HUL MD's salary rises 3.7% to Rs 23 cr in FY25

HUL MD's salary rises 3.7% to Rs 23 cr in FY25

Rediff.com30 May 2025

HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.

IndiGo to start direct flights to London, 9 other intl destinations

IndiGo to start direct flights to London, 9 other intl destinations

Rediff.com30 May 2025

IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Other destinations include Amsterdam (the Netherlands), Manchester (the UK), Copenhagen (Denmark) Siem Reap (Cambodia) and four places in Central Asia.

82% Indians Eye Job Change In 12 Months

82% Indians Eye Job Change In 12 Months

Rediff.com12 May 2025

As many as 76 per cent of respondents said they will be willing to sacrifice existing benefits for better ones.

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

Vehemently opposed ADB's loan to Pakistan: Govt sources

Vehemently opposed ADB's loan to Pakistan: Govt sources

Rediff.com4 Jun 2025

India had vehemently opposed Asian Development Bank's decision to grant $800 million loan to Pakistan saying the fund could be misused for increasing expenditure on its military, government sources said.