News for 'Financial Standard'

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

Why More Private Invits Are Shifting to Public Listings

Why More Private Invits Are Shifting to Public Listings

Rediff.com7 Sep 2026

At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.

How To Pick The Right BAF

How To Pick The Right BAF

Rediff.com4 Sep 2026

BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Rediff.com28 Aug 2026

The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

Netflix Is Offering A Scholarship For...

Netflix Is Offering A Scholarship For...

Rediff.com27 Aug 2026

IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

How UPI Revolutionised India's Digital Payments Ecosystem

How UPI Revolutionised India's Digital Payments Ecosystem

Rediff.com24 Aug 2026

The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

When Will Tata Sons List?

When Will Tata Sons List?

Rediff.com13 Sep 2026

'Listing leads to greater transparency and shareholder oversight.'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Rediff.com24 Jun 2026

The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

Bankura death: CJP gives Bengal govt 10-day ultimatum, threatens agitation

Bankura death: CJP gives Bengal govt 10-day ultimatum, threatens agitation

Rediff.com17 Aug 2026

A leader of the Cockroach Janta Party (CJP) on Monday gave the West Bengal government 10 days to arrest all those allegedly involved in the death of the father of a party volunteer in Bankura district and demanded a probe into the conduct of police personnel at the local police station.

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com29 Aug 2026

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

Rediff.com7 Sep 2026

'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com28 Aug 2026

Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.

'If Earnings Growth Returns, Capital Can Flow Back To India'

'If Earnings Growth Returns, Capital Can Flow Back To India'

Rediff.com25 Aug 2026

'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'

Assam: Protests Erupt Over NH-27 Accident Deaths

Assam: Protests Erupt Over NH-27 Accident Deaths

Rediff.com3 Sep 2026

'This accident was waiting to happen. It could have been averted if the authorities had acted in time.'

One Hospitalisation Can Ruin Your Retirement Goals

One Hospitalisation Can Ruin Your Retirement Goals

Rediff.com14 Aug 2026

If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Rediff.com18 Aug 2026

India's six publicly listed Real Estate Investment Trusts (REITs) collectively distributed approximately 3,136 crore to over 485,000 unitholders during the first quarter (April-June) of the current financial year (FY27), demonstrating the sector's resilience despite global uncertainties.

Operation Sindoor veteran is Ram temple trust's first CEO

Operation Sindoor veteran is Ram temple trust's first CEO

Rediff.com3 Sep 2026

Air Marshal (retd) Jeetendra Mishra has been appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmbhoomi Teerth Kshetra Trust. His selection follows a rigorous process and comes amidst a recent controversy regarding alleged embezzlement of temple donations.

Mammootty@75: His 10 Best Family Dramas

Mammootty@75: His 10 Best Family Dramas

Rediff.com9 Sep 2026

Mammootty has played the family man through all its shades, and these 10 films prove just how devastatingly good he can be when he brings the tears along with the warmth.

'West Bengal Doesn't Need To Experiment With The Bulldozer'

'West Bengal Doesn't Need To Experiment With The Bulldozer'

Rediff.com8 Sep 2026

'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'

CBDT releases comprehensive guidance for crypto-asset tax reporting

CBDT releases comprehensive guidance for crypto-asset tax reporting

Rediff.com27 Jul 2026

The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com31 Aug 2026

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Rediff.com12 Aug 2026

'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 Sep 2026

'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com10 Aug 2026

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Rediff.com28 Jul 2026

Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.

Triple whammy for Mumbaikars: Milk, CNG, taxi-auto fares rise

Triple whammy for Mumbaikars: Milk, CNG, taxi-auto fares rise

Rediff.com1 Sep 2026

Mumbaikars are set to face a significant financial burden as the prices of milk, CNG, and taxi-rickshaw fares have all seen a substantial increase from September 1, 2026, impacting household budgets ahead of the crucial festive season.

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

Rediff.com23 Aug 2026

Congress leader Rahul Gandhi urged girl students to "smash patriarchy" and criticised the "Manusmriti mindset" during an interaction in Pune, highlighting issues of sexual harassment, safety, and economic independence for women.

US Moves to Regulate Crypto. What Will India Do?

US Moves to Regulate Crypto. What Will India Do?

Rediff.com19 Aug 2026

The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.