News for 'Financial Times'

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

Rediff.com10 Jul 2026

SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

India's Defence Trade Hits Record High

India's Defence Trade Hits Record High

Rediff.com3 Jul 2026

The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Rediff.com22 Jun 2026

Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.

NCP Leader's Sister Under Scrutiny in Godman's Financial Irregularities Case

NCP Leader's Sister Under Scrutiny in Godman's Financial Irregularities Case

Rediff.com13 Apr 2026

The sister of NCP leader Rupali Chakankar is being questioned in connection with the alleged use of her bank account by arrested self-styled godman Ashok Kharat, who is accused of financial irregularities and land grabbing.

Meta launches Muse Image AI: Why you should be worried

Meta launches Muse Image AI: Why you should be worried

Rediff.com9 Jul 2026

Meta's new Muse Image AI generator, which can create AI images from public Instagram accounts without explicit consent, has sparked significant privacy concerns and criticism over its 'opt-in-by-default' approach, raising fears of deepfakes and online impersonation.

Corporate bond market raises Rs 16,000 crore, momentum to continue

Corporate bond market raises Rs 16,000 crore, momentum to continue

Rediff.com4 Jul 2026

The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

GDN To Dada: 10 Coming Biopics That Have Our Attention

GDN To Dada: 10 Coming Biopics That Have Our Attention

Rediff.com6 days ago

From Dr A P J Abdul Kalam to Sourav Ganguly, these coming biopics are bringing some of India's most fascinating lives to the big screen.

VB G RAM G Faces Monsoon Test

VB G RAM G Faces Monsoon Test

Rediff.com9 Jul 2026

As MGNREGA comes to a close, both critics and supporters keenly eye VB G RAM G's performance.

Honeymoon murder case: Meghalaya moves SC against bail to Sonam

Honeymoon murder case: Meghalaya moves SC against bail to Sonam

Rediff.com2 Jul 2026

The Meghalaya government has approached the Supreme Court to challenge the bail granted to Sonam Raghuvanshi, who is accused of murdering her husband during their honeymoon. The state argues that the High Court erred in its decision, citing a typographical error in the grounds of arrest and the risk of the accused absconding.

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

Rediff.com24 Jun 2026

Know more about Chin2 Bhosle, grandson of the legendary Asha Bhosle, who defied a conventional career to pursue his passion for music.

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

Rediff.com1 Jul 2026

Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.

Vishy Anand Won't Contest FIDE Deputy President Post

Vishy Anand Won't Contest FIDE Deputy President Post

Rediff.com30 Jun 2026

Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.

SIT to re-audit Ayodhya trust's accounts of past 5 years

SIT to re-audit Ayodhya trust's accounts of past 5 years

Rediff.com3 Jul 2026

The Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya will conduct a re-audit of the Shri Ram Janmabhoomi Teerth Kshetra Trust's accounts for the past five years, following preliminary findings of large-scale irregularities.

SC to hear plea on Ram Temple Trust fund embezzlement

SC to hear plea on Ram Temple Trust fund embezzlement

Rediff.com25 Jun 2026

The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.

'If You Can't Tell Your Family You Don't Want To Marry...'

'If You Can't Tell Your Family You Don't Want To Marry...'

Rediff.com6 Jul 2026

'Many relationships break down because people are unable to honestly express what they feel. If someone cannot tell their family they do not want to go ahead with a marriage, the consequences can affect not only them but everyone involved.

PCB announces significant pay hike for centrally contracted players

PCB announces significant pay hike for centrally contracted players

Rediff.com18 Jun 2026

The Pakistan Cricket Board (PCB) is set to significantly increase match fees and monthly retainers for centrally contracted players, particularly those in the red ball Track A category, for the 2026/27 cycle. The new contracts also introduce format-based categories and substantial bonuses for winning ICC and Asia Cup events.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com1 Jul 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Not true: WhatsApp denies popular figure username abuse amid govt scrutiny

Not true: WhatsApp denies popular figure username abuse amid govt scrutiny

Rediff.com2 Jul 2026

WhatsApp has asserted that username reservation relating to well-known public figure names is restricted only to their legitimate account owners, and termed as "false" any claims that people are reserving popular or well-known usernames.

Sister of NCP Leader Under Scrutiny in Godman's Financial Irregularities Case

Sister of NCP Leader Under Scrutiny in Godman's Financial Irregularities Case

Rediff.com13 Apr 2026

The sister of NCP leader Rupali Chakankar was questioned by police regarding her alleged connection to the financial dealings of arrested self-styled godman Ashok Kharat.

Meghalaya 'Bans' Quick Commerce

Meghalaya 'Bans' Quick Commerce

Rediff.com3 Jul 2026

At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.

Wife's parental support no excuse for husband to skip alimony: HC

Wife's parental support no excuse for husband to skip alimony: HC

Rediff.com30 Jun 2026

The Allahabad High Court has ruled that a husband's obligation to pay maintenance to his estranged wife is not negated by her parents' financial support. The court overturned a family court's decision, emphasising that parental income cannot substitute a husband's legal duty and enhanced maintenance for both the wife and children.

After Trent, Noel Tata to step down as Voltas chairman

After Trent, Noel Tata to step down as Voltas chairman

Rediff.com30 Jun 2026

Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.

NEET Medical Counselling: Get Your Paperwork Right!

NEET Medical Counselling: Get Your Paperwork Right!

Rediff.com26 Jun 2026

Many students who do well in the NEET exams miss out on a medical seat because they didn't get their documentation in order. You don't want to be that student, says Ashok Hegde.

Govt warns Meta over WhatsApp username feature, slaps notice

Govt warns Meta over WhatsApp username feature, slaps notice

Rediff.com1 Jul 2026

The Indian government has issued a notice to Meta regarding WhatsApp's upcoming username feature, warning the platform not to roll it out until concerns about potential fraud, impersonation, and public safety are addressed to the government's satisfaction.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Rediff.com2 Jul 2026

Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com25 Jun 2026

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

'I have no sponsors, no job': Sindhushree used borrowed pole to break national record

'I have no sponsors, no job': Sindhushree used borrowed pole to break national record

Rediff.com26 Jun 2026

G Sindhushree lacked the funds to buy proper equipment after her father's death in 2022, forcing her to compete with shorter poles until she borrowed a longer one just two weeks before the National Inter-State Championships in Bhubaneswar.

2026's Biggest Bollywood Flops So Far

2026's Biggest Bollywood Flops So Far

Rediff.com1 Jul 2026

The first half of 2026 has concluded with a stark reality check for Bollywood, as over 25 films underperformed at the box office.

Delhi scooter rider killed in Mercedes hit-and-run; driver held after 2 days

Delhi scooter rider killed in Mercedes hit-and-run; driver held after 2 days

Rediff.com7 Jul 2026

In a hit-and-run case, a scooter rider was killed after being struck by a Mercedes car in northwest Delhi's Jahangirpuri area, the police said on Tuesday. The driver of the luxury car was arrested on Tuesday in connection with the accident that took place on July 5 near the foot overbridge at the Jahangirpuri Bus Stand on the Outer Ring Road.

Why It Is Time To Double Your SIPs

Why It Is Time To Double Your SIPs

Rediff.com22 May 2026

'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'

Unheralded G Sindhushree Sets New Pole Vault National Record, Qualifies For Asian Games

Unheralded G Sindhushree Sets New Pole Vault National Record, Qualifies For Asian Games

Rediff.com25 Jun 2026

Karnataka's G Sindhushree, an unheralded pole vaulter, achieved a new national record of 4.25m at the National Inter-State Senior Athletics Championships in Bhubaneswar. This performance not only secured her a gold medal but also a spot in the Asian Games. Overcoming personal hardships, Sindhushree dedicated her achievement to her late father. The event also saw other athletes like Animesh Kujur, Harshita Bhadra, Manpreet Kaur, Gowthami Jayaraman, Mohammed Afsal, and N Thowfeeq qualify for the Asian Games in various disciplines.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Financial Dispute Led to Palghar Murder, Police Say

Financial Dispute Led to Palghar Murder, Police Say

Rediff.com31 Mar 2026

Palghar police solved the case of a headless body found in a plastic sack within eight hours, arresting two men for murder stemming from a financial dispute.

Maruti Suzuki sees strong PV growth, market share gains, but El Nio poses risk

Maruti Suzuki sees strong PV growth, market share gains, but El Nio poses risk

Rediff.com6 Jul 2026

Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Rediff.com22 Jun 2026

Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Rediff.com15 Jun 2026

Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.