News for 'Financial Services'

No cash, crypto payments to Iran for Hormuz passage: India

No cash, crypto payments to Iran for Hormuz passage: India

Rediff.com22 Apr 2026

India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.

Women officers denied permanent commission to get pension: SC

Women officers denied permanent commission to get pension: SC

Rediff.com25 Mar 2026

The Supreme Court has ruled that women Short Service Commission officers in the Army, Navy, and Air Force, who were unfairly denied Permanent Commission, are entitled to full pensionary benefits.

'Trump grasping for excuses to slap tariffs on India'

'Trump grasping for excuses to slap tariffs on India'

Rediff.com19 Feb 2026

A US lawmaker has criticized President Donald Trump's tariff policy on India for purchasing Russian oil, urging him to reverse it immediately.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

Agar didi...: Accused in IRS officer's daughter rape-murder

Agar didi...: Accused in IRS officer's daughter rape-murder

Rediff.com25 Apr 2026

Delhi Police are recreating the crime scene at the residence where the daughter of an IRS officer was allegedly raped and murdered. The investigation aims to piece together the sequence of events, with the stolen iPhone recovered and a potency test conducted. The accused, a former domestic help, is undergoing psychological assessment.

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.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Mumbai Metro network expands with launch of two new lines

Mumbai Metro network expands with launch of two new lines

Rediff.com7 Apr 2026

Mumbai's metro network has expanded with the inauguration of the first phases of Metro Line 9 and Line 2B, promising improved connectivity and reduced travel times for commuters.

Stock Gains Vs Loss: What Gets Taxed?

Stock Gains Vs Loss: What Gets Taxed?

Rediff.com24 Apr 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Kerala Student Death: Loan App Operators Remanded To Custody

Kerala Student Death: Loan App Operators Remanded To Custody

Rediff.com18 Apr 2026

Three men have been arrested in Noida, Uttar Pradesh, in connection with the death of a first-year BDS student in Kerala, who allegedly faced harassment from a loan app company.

Punjab Governor Highlights Aadhaar's Role in Governance and Welfare

Punjab Governor Highlights Aadhaar's Role in Governance and Welfare

Rediff.com24 Mar 2026

Punjab Governor Gulab Chand Kataria emphasised the importance of Aadhaar in promoting good governance, transparency, and ease of living, highlighting its role in ensuring welfare benefits reach the intended recipients and strengthening the rural economy through Direct Benefit Transfer.

Abhishek Banerjee: TMC Vote Only Way To Stop BJP

Abhishek Banerjee: TMC Vote Only Way To Stop BJP

Rediff.com18 Apr 2026

Trinamool Congress leader Abhishek Banerjee has urged voters to support the TMC as the only way to defeat the BJP, particularly in areas with a strong Congress base. He accused the BJP of dividing communities and failing to address key issues such as river erosion and farmer distress, while outlining the TMC's welfare plans.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

458 Prisoners Benefit from Centre's 'Support to Poor Prisoners' Scheme

458 Prisoners Benefit from Centre's 'Support to Poor Prisoners' Scheme

Rediff.com25 Mar 2026

The Centre's 'Support to Poor Prisoners' scheme has aided 458 prisoners unable to pay fines or secure bail. The scheme, launched in 2023, aims to provide financial assistance to those facing financial constraints.

How Religare aims to rule financial services world

How Religare aims to rule financial services world

Rediff.com15 Dec 2009

Religare has engaged McKinsey to help it build an emerging market investment bank.

Yes Bank Introduces Exclusive Salary Account for Working Women

Yes Bank Introduces Exclusive Salary Account for Working Women

Rediff.com5 Mar 2026

Yes Bank has launched a salary account designed for working women, offering financial protection, healthcare benefits, lifestyle privileges, and wealth-creation opportunities.

Delhi Murder Case: Accused Known For Aggression, Online Gaming Addiction

Delhi Murder Case: Accused Known For Aggression, Online Gaming Addiction

Rediff.com24 Apr 2026

Investigations into the murder of an IRS officer's daughter in Delhi reveal the accused, Rahul Meena, had a history of aggressive behaviour and was addicted to online gaming, leading to significant debt. Police are conducting a psychological analysis to understand his mental state and motives, while his family claims he was a quiet person.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com13 Apr 2026

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

Delhi rape-murder accused to undergo psychological assessment

Delhi rape-murder accused to undergo psychological assessment

Rediff.com24 Apr 2026

Investigations into the murder of an IRS officer's daughter in Delhi reveal the accused, Rahul Meena, had a history of aggressive behaviour and psychopathic tendencies. He was also addicted to online betting and had lost a significant amount of money.

Delhi Murder Case: Accused Displayed Psychopathic Tendencies, Say Police

Delhi Murder Case: Accused Displayed Psychopathic Tendencies, Say Police

Rediff.com24 Apr 2026

Investigations into the murder of an IRS officer's daughter in Delhi reveal the accused, Rahul Meena, had a history of aggressive behaviour and psychopathic tendencies. Police are conducting a psychological analysis to understand his motives.

Ola Electric hit by volume slump, market share loss as Q3 revenue plunges

Ola Electric hit by volume slump, market share loss as Q3 revenue plunges

Rediff.com24 Feb 2026

Shares of electric vehicle (EV) maker Ola Electric Mobility fell nearly 7 per cent to a fresh low on Monday after its revenue growth in the third quarter (October-December/Q3) of 2025-26 (FY26) slowed, with analysts warning that any turnaround could be prolonged.

Airspace curbs hit Indian aviation, 10,000 flights cancelled since Feb

Airspace curbs hit Indian aviation, 10,000 flights cancelled since Feb

Rediff.com7 Apr 2026

Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.

Gulf War: How To Manage Investments, Household Budget

Gulf War: How To Manage Investments, Household Budget

Rediff.com17 Mar 2026

Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'

Why Abhishek Banerjee Is Calling For TMC Votes In Murshidabad

Why Abhishek Banerjee Is Calling For TMC Votes In Murshidabad

Rediff.com18 Apr 2026

Trinamool Congress leader Abhishek Banerjee is urging voters in Murshidabad to support the TMC to thwart the BJP's influence in West Bengal. He criticised the Congress and other parties, accusing them of indirectly supporting the BJP, and highlighted the TMC's commitment to protecting minority voters and preventing the implementation of NRC in Bengal.

Meerut Police Bust GST Fraud Ring, One Arrested

Meerut Police Bust GST Fraud Ring, One Arrested

Rediff.com2 Apr 2026

Meerut police have uncovered a Goods and Services Tax (GST) fraud involving crores of rupees, leading to the arrest of one individual. The investigation revealed a network of fake firms used to illegally claim input tax credits, causing significant losses to the government.

Govt clears Rs 2.38 lakh cr defence push with fresh S-400 deal, 60 aircraft

Govt clears Rs 2.38 lakh cr defence push with fresh S-400 deal, 60 aircraft

Rediff.com28 Mar 2026

The Indian Defence Ministry has approved the procurement of weapons and military hardware worth Rs 2.38 crore, including S-400 missiles and medium transport aircraft, to bolster the Indian Air Force's capabilities.

MACT Awards 64.75 Lakh to Family of Pune Businessman Killed in Road Accident

MACT Awards 64.75 Lakh to Family of Pune Businessman Killed in Road Accident

Rediff.com30 Mar 2026

The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 64.75 lakh to the family of a Pune-based businessman who died in a road accident in 2022.

Big boost to Aatmanirbharta! India to develop 1000-kg aerial bomb

Big boost to Aatmanirbharta! India to develop 1000-kg aerial bomb

Rediff.com4 Apr 2026

The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.

Udupi Excise Deputy Commissioner Under Investigation for Alleged Disproportionate Assets

Udupi Excise Deputy Commissioner Under Investigation for Alleged Disproportionate Assets

Rediff.com13 Mar 2026

Karnataka Lokayukta police have registered a disproportionate assets case against Udupi Excise Deputy Commissioner T M Srinivas after searches at multiple locations allegedly revealed assets worth Rs 8.69 crore beyond his known sources of income.

Banerjee Claims BJP Stoking Social Discord to Loot India

Banerjee Claims BJP Stoking Social Discord to Loot India

Rediff.com30 Mar 2026

West Bengal Chief Minister Mamata Banerjee has accused the BJP of stoking fights among all sections of society and attempting to loot the country by exploiting these divisions. She also criticised the BJP's economic policies and alleged discrimination in welfare schemes.

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

Rediff.com20 Feb 2026

Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.

Woman and Accomplice Arrested in Delhi Honey-Trap Extortion Scheme

Woman and Accomplice Arrested in Delhi Honey-Trap Extortion Scheme

Rediff.com26 Mar 2026

Delhi Police have arrested a woman and her associate for allegedly running a honey-trap and extortion racket, targeting victims with false criminal cases to coerce monetary settlements.

Brokerages divided on Coforge-Encora deal

Brokerages divided on Coforge-Encora deal

Rediff.com30 Dec 2025

Coforge's planned $2.35 billion all-stock acquisition of US-based Encora has divided the Street, with a few brokerages terming it a "strategically positive" but execution-heavy bet while others raising valuation concerns.

Gold, Silver Prices Poised for Rally Amid Geopolitical Uncertainty

Gold, Silver Prices Poised for Rally Amid Geopolitical Uncertainty

Rediff.com1 Mar 2026

Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

Fake Life-Saving Drugs Racket Busted in Delhi

Fake Life-Saving Drugs Racket Busted in Delhi

Rediff.com5 Apr 2026

Delhi Police have dismantled an organised interstate racket involved in manufacturing and distributing counterfeit life-saving medicines, arresting six individuals and seizing fake drugs worth approximately Rs 2 crore. The investigation also revealed a network of fake GST firms used for generating bogus invoices and laundering money.

RBI-Esma MoU set to end CCIL impasse

RBI-Esma MoU set to end CCIL impasse

Rediff.com28 Jan 2026

The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).

Venugopal Files Defamation Suit Over Election Accusations

Venugopal Files Defamation Suit Over Election Accusations

Rediff.com5 Apr 2026

Congress leader K C Venugopal has filed a defamation complaint against a Haryana-based man, alleging politically motivated accusations ahead of the Kerala Assembly elections.

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

Rediff.com19 Mar 2026

Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.

After GST-led surge, car sales growth may decelerate in FY27

After GST-led surge, car sales growth may decelerate in FY27

Rediff.com13 Apr 2026

India's passenger vehicle (PV) industry is projected to experience moderated growth in FY27, following a strong rebound in H2FY26, primarily due to the high base effect, absorbed pent-up demand, and the lingering impact of geopolitical tensions in West Asia.