News for 'Financial Times'

India's UPI Expands Global Reach With Maldives Integration

India's UPI Expands Global Reach With Maldives Integration

Rediff.com31 Jul 2026

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.

'More focused on money': Ex-Pakistan selector slams players

'More focused on money': Ex-Pakistan selector slams players

Rediff.com12 Aug 2026

Former Pakistan Test spinner and chief selector Iqbal Qasim has criticised the current generation of Pakistani cricketers for prioritising financial gain, particularly through leagues like the PSL, over dedicated skill development and game awareness, attributing this to a lack of vision among selectors and a general disinterest among young players.

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

Rediff.com10 Aug 2026

Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.

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.

NCERT, CBSE Face Major Staff Shortages

NCERT, CBSE Face Major Staff Shortages

Rediff.com15 Aug 2026

A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com21 Aug 2026

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

AI training to free coaching: Modi's big youth push on I-Day

AI training to free coaching: Modi's big youth push on I-Day

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has outlined a comprehensive plan to empower India's youth, including training one crore youngsters in artificial intelligence skills and providing free online coaching for competitive examinations, aiming to position them at the forefront of the nation's journey to become a developed nation by 2047.

Kartik Aaryan Donates Rs 1 Crore for Assam Flood Relief

Kartik Aaryan Donates Rs 1 Crore for Assam Flood Relief

Rediff.com31 Jul 2026

Kartik Aaryan's Rs 1 crore donation for Assam flood relief was acknowledged by Assam Chief Minister Himanta Biswa Sarma.

Modern Marriage: 'My Husband Lied To Me For 11 Years'

Modern Marriage: 'My Husband Lied To Me For 11 Years'

Rediff.com13 Aug 2026

Riya* tells Rishika Shah/Rediff how a lie she discovered after marriage made her question everything she thought she knew about the man she loved.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com7 days ago

Tata Sons has the balance sheet to support them, for now.

'Nowadays, it is rare to see a batter scoring triple hundred in Tests': Harbhajan

'Nowadays, it is rare to see a batter scoring triple hundred in Tests': Harbhajan

Rediff.com14 Aug 2026

Former India spinner Harbhajan Singh believes the aggressive batting approach fostered by the T20 era has come at the expense of patience, leading to a decline in marathon innings in Test cricket by younger players.

Planning To Invest In A House? Check Rental Yield

Planning To Invest In A House? Check Rental Yield

Rediff.com20 Aug 2026

Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.

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.

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Rediff.com25 Aug 2026

Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.

Why India Has No Hockey Umpire or Official at 2026 World Cup

Why India Has No Hockey Umpire or Official at 2026 World Cup

Rediff.com7 Aug 2026

For the first time since 1998, no Indian umpire or technical official will be present at the FIH Men's Hockey World Cup, a situation that has left former international officials disappointed and calling for a structured pathway to develop and support Indian officiating talent.

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com12 Aug 2026

The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.

6 dead, 4 injured after landslide in Mumbai amid heavy rains

6 dead, 4 injured after landslide in Mumbai amid heavy rains

Rediff.com12 Aug 2026

A devastating landslide in Mumbai's Ghatkopar area, triggered by heavy rains, has claimed the lives of six people, including three children, and left four others injured, with rescue operations facing significant challenges due to the narrow access routes.

3 newborns killed in Maha govt hospital fire, 36 rescued; probe ordered

3 newborns killed in Maha govt hospital fire, 36 rescued; probe ordered

Rediff.com24 Aug 2026

The incident, which occurred early Monday morning, was reportedly caused by a sparking ventilator.

IPL Teams Pressuring Indian Players To Play Despite Injuries, Claims BCCI Source

IPL Teams Pressuring Indian Players To Play Despite Injuries, Claims BCCI Source

Rediff.com9 Aug 2026

A source at the BCCI's Centre of Excellence (CoE) in Bengaluru has expressed significant concerns regarding players competing in the Indian Premier League while injured, attributing this to franchise and financial pressures, which subsequently complicates their rehabilitation and return to international cricket.

Trump tightens green card rules, Indians face fresh hurdles

Trump tightens green card rules, Indians face fresh hurdles

Rediff.com19 Aug 2026

The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com12 Aug 2026

The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.

Rajasthan: Schoolchildren turn journalists to bridge rural news gap

Rajasthan: Schoolchildren turn journalists to bridge rural news gap

Rediff.com9 Aug 2026

A government school in Raholi, Tonk, Rajasthan, has launched its own student-run newspaper, 'Raholi Shiksha Samachar' and 'Raholi Education Times', to address the lack of newspaper access in rural areas and provide students with a platform for creativity and journalism skills.

Will Khalifa 2: The Legacy Be Made? Because...

Will Khalifa 2: The Legacy Be Made? Because...

Rediff.com24 Aug 2026

If Khalifa: The Ruler continues to bleed at the box office, the odds of a big-budget sequel materialising drop to practically zero. The harsh reality of franchise filmmaking is incredibly simple: If the 'ruler' fails to conquer, absolutely no one is going to care about the 'legacy', no matter how many superstars you cram onto a poster.

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

Rediff.com12 Aug 2026

Indian physicist Deepak Dhar, a professor at ICTS-TIFR in Bengaluru, has been awarded the prestigious 2026 Dirac Medal for his significant contributions to statistical mechanics. He shares the honour with three other physicists for their work on understanding complex systems, with applications in diverse fields like biology, finance, and AI. Dhar is particularly recognised for his "sandpile model" and has previously received the Padma Bhushan and Boltzmann Medal.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

Polymer rupee notes may be a reality in FY28

Polymer rupee notes may be a reality in FY28

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra announced plans to launch long-lasting polymer currency notes by the next financial year. He also discussed the central bank's data-dependent approach to interest rates, its focus on aligning inflation with the 4 per cent target, and the orderly trajectory of the rupee amidst geopolitical tensions.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Maha govt to act against drivers not knowing Marathi from tomorrow

Maha govt to act against drivers not knowing Marathi from tomorrow

Rediff.com19 Aug 2026

Maharashtra's Transport Minister Pratap Sarnaik announced a drive against auto-rickshaw and taxi drivers lacking a 'working knowledge' of Marathi, with penalties ranging from licence suspension to cancellation, sparking fears among non-Marathi speaking drivers.

Why is Bhutia angry over India's Brazil match?

Why is Bhutia angry over India's Brazil match?

Rediff.com6 Aug 2026

The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Rediff.com11 Aug 2026

Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com20 Aug 2026

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

Rediff.com17 Aug 2026

SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Rediff.com17 Aug 2026

The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.

West Asia Crisis May Hit FY27 Fiscal Deficit

West Asia Crisis May Hit FY27 Fiscal Deficit

Rediff.com18 Aug 2026

The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.

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.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

'I Was Scammed on a Matrimonial Web Site'

'I Was Scammed on a Matrimonial Web Site'

Rediff.com14 Aug 2026

rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.

Tejaswin Shankar eyes Asian Games gold after rapid decathlon progress

Tejaswin Shankar eyes Asian Games gold after rapid decathlon progress

Rediff.com19 Aug 2026

Tejaswin Shankar, a two-time Commonwealth Games medalist, is targeting an Asian Games decathlon gold with a personal best, while building towards Olympic-level performances and longevity.