News for 'Financial Services'

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.

How Telangana Police Cracked Down on a Massive Mule Bank Account Fraud

How Telangana Police Cracked Down on a Massive Mule Bank Account Fraud

Rediff.com28 Mar 2026

Telangana police have dismantled a large network operating illegal mule bank accounts used for fraudulent financial transactions, arresting 13 suspects and uncovering transactions worth approximately Rs 138 crore.

Indian Families Devastated as Sons Killed in Russia-Ukraine War After Alleged Deception

Indian Families Devastated as Sons Killed in Russia-Ukraine War After Alleged Deception

Rediff.com15 Apr 2026

Several Indian families are in mourning after their sons, who travelled to Russia on study visas, were allegedly deceived into joining the Russian army and subsequently killed in the Russia-Ukraine conflict. The families are demanding answers and seeking assistance to bring their sons' bodies home.

ICICI Pru AMC sets price band for IPO, seeks Rs 1.07 trillion valuation

ICICI Pru AMC sets price band for IPO, seeks Rs 1.07 trillion valuation

Rediff.com9 Dec 2025

ICICI Prudential Asset Management Company has set a price band of Rs 2,061- Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of the band, the country's largest asset manager will command a valuation of Rs 1.07 trillion.

Non-metro push by qcom, ecom players may lift gig hirings

Non-metro push by qcom, ecom players may lift gig hirings

Rediff.com9 Feb 2026

Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.

TMC manifesto bets on women voters, ramps up welfare push

TMC manifesto bets on women voters, ramps up welfare push

Rediff.com20 Mar 2026

The Trinamool Congress (TMC) has released its manifesto for the West Bengal elections, focusing on welfare politics and women's empowerment with pledges to expand existing schemes, improve healthcare, and develop infrastructure.

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

Rediff.com27 Mar 2026

India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

Rediff.com10 Apr 2026

India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

India's EV market surges in FY26, driven by strong year-end push

India's EV market surges in FY26, driven by strong year-end push

Rediff.com2 Apr 2026

India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

Rediff.com6 Apr 2026

TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

Gulf War: Stocks That Could Buck The Trend And Shine

Gulf War: Stocks That Could Buck The Trend And Shine

Rediff.com14 Apr 2026

10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.

Daughter-in-law not legally bound to maintain parents-in-law: HC

Daughter-in-law not legally bound to maintain parents-in-law: HC

Rediff.com30 Mar 2026

The Allahabad High Court has ruled that a daughter-in-law is not legally obligated to maintain her parents-in-law under Section 125 of the CrPC, now Section 144 of the BNSS, clarifying the scope of maintenance laws in India.

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com1 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Delhi Police Nab Suspected LeT Handler with ISI Links

Delhi Police Nab Suspected LeT Handler with ISI Links

Rediff.com30 Mar 2026

Delhi Police have arrested a suspected Lashkar-e-Taiba (LeT) handler, Shabir Ahmed Lone, from the Ghazipur area. He is believed to have links with Pakistan's ISI and was allegedly involved in a terror module planning attacks in India.

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

RBI guv links big tech in financial services to harsh loan recovery methods

RBI guv links big tech in financial services to harsh loan recovery methods

Rediff.com17 Jun 2022

RBI Governor Shaktikanta Das on Friday said the entry of big tech firms into the financial sector poses systemic concerns like overleveraging at the borrowers' ends.

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Cheated, misled, and financially wronged by IndiGo's refund

Cheated, misled, and financially wronged by IndiGo's refund

Rediff.com10 Dec 2025

'IndiGo abruptly cancelled our Kolkata-Purnea flight citing bad weather, despite clear conditions and another airline operating the same route, causing severe inconvenience.'

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Only 54 Forms Ready For New I-T Act Rollout

Only 54 Forms Ready For New I-T Act Rollout

Rediff.com23 Mar 2026

All services on the income-tax e-filing portal -- both pre-login and post-login -- are expected to be updated by April 1 to reflect the new legal framework.

Gold, silver rally to extend record run

Gold, silver rally to extend record run

Rediff.com14 Dec 2025

Gold and silver prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

India Inc's profits relative to capital employed at 14-yr high

India Inc's profits relative to capital employed at 14-yr high

Rediff.com22 Dec 2025

Companies are squeezing more profits from their operations relative to the capital they put to work, the highest now since 2011. Profit after tax relative to capital employed came in at 10.47 per cent in September, shows data from the Centre for Monitoring Indian Economy (CMIE), higher than the 8.41 per cent seen in September last year. This is the highest since March 2010.

ISRO planning 7 more launches this financial year

ISRO planning 7 more launches this financial year

Rediff.com16 Nov 2025

Indian Space Research Organisation is gearing up for one of its busiest times with seven more launches planned this financial year, even as India's first human spaceflight remains scheduled for 2027, its chairman V Narayanan said.

Police Intensify Probe into Kanpur Kidney Transplant Racket, Issue Lookout Notices for Doctors

Police Intensify Probe into Kanpur Kidney Transplant Racket, Issue Lookout Notices for Doctors

Rediff.com1 Apr 2026

Police in Kanpur are intensifying their investigation into an illegal kidney transplant racket, issuing lookout notices for four doctors and expanding the probe to multiple cities.

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.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com8 Apr 2026

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

IFSCA relaxes norms for fund management bodies in GIFT City

IFSCA relaxes norms for fund management bodies in GIFT City

Rediff.com24 Dec 2025

The International Financial Services Centres Authority (IFSCA) has cleared a series of regulatory relaxations to ease operations for fund managers in GIFT City, along with a revamped framework for global in-house centres (GICs) and capital market intermediaries.

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Rediff.com31 Mar 2026

'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Rediff.com1 Apr 2026

Passenger vehicle sales in India reached a record high of 4.7 million units in FY26, boosted by strong performances from major automakers and the implementation of GST 2.0.

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

Arunachal Pradesh Seeks to Host North East Games in 2026

Arunachal Pradesh Seeks to Host North East Games in 2026

Rediff.com21 Mar 2026

The Arunachal Olympic Association (AOA) has submitted a proposal to the Indian Olympic Association (IOA) to host the 4th North East Games in 2026, aiming to boost sports development in the region.

Union Minister Majumdar Criticises Banerjee's Protest, Outlines BJP's Promises for West Bengal

Union Minister Majumdar Criticises Banerjee's Protest, Outlines BJP's Promises for West Bengal

Rediff.com6 Mar 2026

Union Minister Sukanta Majumdar criticised West Bengal Chief Minister Mamata Banerjee's dharna and outlined the BJP's promises for the upcoming assembly elections, including job creation, increased financial assistance for women, and proper DA for state government employees.

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Rediff.com9 Mar 2026

The State Consumer Disputes Redressal Commission has directed Bank of India to compensate a senior citizen for losses incurred due to unauthorized ATM transactions, citing deficiency in service and failure to adhere to security protocols.

Over 1,500 Missing Persons Cases Reported in Himachal Pradesh

Over 1,500 Missing Persons Cases Reported in Himachal Pradesh

Rediff.com27 Mar 2026

Chief Minister Sukhvinder Singh Sukhu reports over 1,500 missing persons cases in Himachal Pradesh over the past three years, with Solan district reporting the highest number of cases. The government also addresses healthcare scheme liabilities and illegal tree felling.

App Trap: Hidden Cost Of 'Free' Investing

App Trap: Hidden Cost Of 'Free' Investing

Rediff.com16 Mar 2026

In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.

What Caused Nifty IT's 6% Fall On Thu?

What Caused Nifty IT's 6% Fall On Thu?

Rediff.com13 Feb 2026

The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.