News for 'Financial Services Authority'

153 dead as Ditwah leaves trail of destruction in Lanka; rain pounds TN

153 dead as Ditwah leaves trail of destruction in Lanka; rain pounds TN

Rediff.com29 Nov 2025

Cyclone Ditwah exits Sri Lanka after causing widespread destruction and over 120 deaths, heading towards the Indian coast. Heavy rains and high winds are expected to continue.

Cashless Facility On Hold? How To Manage

Cashless Facility On Hold? How To Manage

Rediff.com15 Oct 2025

To handle the sudden loss of cashless facility, patients should maintain an emergency fund or a short-term credit line to manage all or part of hospitalisation costs.

H1B Crisis May Impact IT Stocks

H1B Crisis May Impact IT Stocks

Rediff.com22 Sep 2025

'I expect IT stocks to trade lower for some time. They are unlikely to make money for investors.'

Co-investment may slip its leash as rules relax for big-ticket plays

Co-investment may slip its leash as rules relax for big-ticket plays

Rediff.com30 Jun 2025

Co-investment under the portfolio management services (PMS) route accounted for less than 50 crore in assets and involved fewer than a dozen clients for much of 2022. Since then, assets under management have risen to 3,812 crore across 535 clients as of April 2025, according to the latest regulatory data. The recent changes may open the door to greater investment from sovereign wealth and pension funds, experts say.

Want To Invest In Credit Risk Funds?

Want To Invest In Credit Risk Funds?

Rediff.com22 Sep 2025

'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'

Provident Fund Problems? Your Qs Answered

Provident Fund Problems? Your Qs Answered

Rediff.com13 Oct 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Pace of volume recovery key to gains for Hindustan Unilever

Pace of volume recovery key to gains for Hindustan Unilever

Rediff.com1 Nov 2025

Hindustan Unilever Ltd's (HUL's) second quarter 2025-26 (Q2FY26) consolidated revenue rose 2 per cent to Rs 16,250 crore, with low or flat volume growth. Demand remained stable but goods and services tax (GST) transition and prolonged monsoon hurt offtake.

Making Robots To Help Humanity

Making Robots To Help Humanity

Rediff.com24 Nov 2025

'Our vision is to innovate as many products as we can and solve as many problems as possible.'

'Do We Go Back To India? Do We Stay?'

'Do We Go Back To India? Do We Stay?'

Rediff.com29 Sep 2025

'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'

Explained: Trump's H1 Order Decoded

Explained: Trump's H1 Order Decoded

Rediff.com14 Oct 2025

A deep dive into Trump's new policy and what it means for Indian professionals and companies.

How UPI, AePS, Wallets Are Changing India

How UPI, AePS, Wallets Are Changing India

Rediff.com24 Jul 2025

UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.

Have Climate Summits Lost The Mojo?

Have Climate Summits Lost The Mojo?

Rediff.com8 Nov 2025

How the UN's flagship climate summit lost its direction and what's at stake.

26/11 accused Rana seeks court's permission to talk to family

26/11 accused Rana seeks court's permission to talk to family

Rediff.com27 May 2025

Tahawwur Hussain Rana, a jailed accused in the 2008 Mumbai terror attacks, has moved a court in New Delhi seeking permission to speak to his family. The 64-year-old Pakistani-origin Canadian businessman is currently in judicial custody and is accused of conspiring with David Coleman Headley and operatives of Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) to carry out the terror attacks. Rana was brought to India after the American Supreme Court dismissed his review plea against his extradition.

Joint Property? Keep Funding Proof Ready

Joint Property? Keep Funding Proof Ready

Rediff.com30 Sep 2025

'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'

Techie named by Maha woman doctor on her palm, arrested

Techie named by Maha woman doctor on her palm, arrested

Rediff.com25 Oct 2025

The doctor, hailing from Beed district and posted at a government hospital, was found hanging in a hotel room in Phaltan of Satara district on Thursday night.

Tourist Footfalls Drop Across J&K, Ladakh

Tourist Footfalls Drop Across J&K, Ladakh

Rediff.com14 Oct 2025

'The Pahalgam terror attacks and the conflict that followed were a big blow to local tourism.' 'And just when things were starting to go back to normal, the floods, caused by heavy rain, spoiled all chances of a bounce-back this season.'

Why The Americans Were Opposed To Agni

Why The Americans Were Opposed To Agni

Rediff.com6 Nov 2025

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'

Cough syrup kills 14 children in MP, doctor arrested

Cough syrup kills 14 children in MP, doctor arrested

Rediff.com5 Oct 2025

Police have arrested a doctor for alleged negligence and registered a case against the manufacturer of a 'toxic' cough syrup after the death of 14 children in Chhindwara due to suspected renal failure, officials said on Sunday.

From Gujarat To Global Stage: Modi's 25 Year Journey

From Gujarat To Global Stage: Modi's 25 Year Journey

Rediff.com22 Oct 2025

'I disagree with much of Modi's politics, but it cannot be denied that in these years in office, he has carved more than a niche for himself in history,' points out Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

GST 2.0: These will get cheaper from September 22

GST 2.0: These will get cheaper from September 22

Rediff.com4 Sep 2025

Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.

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.

'Safety Of The Children Was Paramount'

'Safety Of The Children Was Paramount'

Rediff.com31 Oct 2025

'The rescue of 17 children represents exemplary police action that merits considerable appreciation.' 'However, this encounter was profoundly unfortunate because somebody has lost his life.'

Bareilly violence: 8 properties linked to Dargah cleric to be razed

Bareilly violence: 8 properties linked to Dargah cleric to be razed

Rediff.com1 Oct 2025

Authorities in Bareilly have identified and are taking action against allegedly illegal properties linked to associates of Ittehad-e-Millat Council (IMC) chief cleric Tauqeer Raza Khan following violent clashes in the city.

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

PF, LTA, GST: Tax Tips YOU Must Know

PF, LTA, GST: Tax Tips YOU Must Know

Rediff.com9 Oct 2025

rediffGURU T S Khurana answers readers' personal income tax queries

Maharashtra leads in FPO ease of doing business; MP loses crown

Maharashtra leads in FPO ease of doing business; MP loses crown

Rediff.com4 Sep 2025

Maharashtra has topped the list of states with the most favourable ecosystem for the growth of Farmer Producer Organisations (FPOs), replacing Madhya Pradesh, which has slipped to second place, according to the latest Ease of Doing Business for FPOs (EoDBF) ranking.

How would India become Vishwaguru if...: Sonam Wangchuk's wife

How would India become Vishwaguru if...: Sonam Wangchuk's wife

Rediff.com30 Sep 2025

Talking to reporters in New Delhi, Angmo challenged authorities to an open debate on the allegations, including those suggesting links to Pakistan, and said neither she has been able to contact Wangchuk nor has she been provided with formal documents detailing the charges against him by the administration.

What You Must Know About New Income Tax Act

What You Must Know About New Income Tax Act

Rediff.com5 Sep 2025

The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.

Insurers hopeful of reduction in GST on health, life premiums

Insurers hopeful of reduction in GST on health, life premiums

Rediff.com16 Aug 2025

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

Rediff.com20 Aug 2025

The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.

Spot the Scam Before It Spots You!

Spot the Scam Before It Spots You!

Rediff.com8 Jul 2025

Fraudsters lure individuals with false promises of recovering bonuses or maturity proceeds from lapsed policies.

'Online Real Money Games Are A Menace'

'Online Real Money Games Are A Menace'

Rediff.com21 Aug 2025

'There are cases of suicides, and middle-class families losing their entire family savings.'

'When I Can't Take Nonsense Any Longer Then Sparks Begin To Fly'

'When I Can't Take Nonsense Any Longer Then Sparks Begin To Fly'

Rediff.com23 Oct 2025

'Look after your own mother before looking after your neighbour's mother.' 'I don't believe in starving my own mother and feeding sweets to the neighbours.'

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

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.

'Next 48 hours crucial': 10 dead, hundreds displaced as rain lash Maha

'Next 48 hours crucial': 10 dead, hundreds displaced as rain lash Maha

Rediff.com19 Aug 2025

Heavy rains in Maharashtra have caused floods, road blockages, and widespread damage, resulting in casualties and displacement. The state government is monitoring the situation and coordinating rescue efforts.

Modi announces Rs 1,600 cr relief package for flood-ravaged Punjab

Modi announces Rs 1,600 cr relief package for flood-ravaged Punjab

Rediff.com10 Sep 2025

Prime Minister Narendra Modi announced a Rs 1,600-crore assistance package for flood-hit Punjab after reviewing the damage. He also announced ex gratia for the deceased and injured. The state is battling its worst deluge since 1988.

Qatar fund moves HC to recover $235 mn from Byju's

Qatar fund moves HC to recover $235 mn from Byju's

Rediff.com26 Aug 2025

Qatar's sovereign wealth fund is suing Byju Raveendran in Indian courts to recover $235 million from the embattled educational technology (edtech) entrepreneur, escalating a global legal battle that has ensnared one of India's most high-profile startup founders.