News for 'Financial Times'

Big Wins, Selfies, Tears And Kisses At The Emmys

Big Wins, Selfies, Tears And Kisses At The Emmys

Rediff.com15 Sep 2026

The 78th Primetime Emmy Awards celebrated the year's top television achievements, creating unforgettable moments.

Indian Athletes Face Cramped Rooms, Long Waits At Asian Games

Indian Athletes Face Cramped Rooms, Long Waits At Asian Games

Rediff.com17 Sep 2026

Indian athletes at the Asian Games in Nagoya are facing significant accommodation challenges, including cramped rooms on a cruise ship and long waits for check-in. The host nation's athletes are also affected, with complaints about shared rooms and general mismanagement. Organisers have opted against a traditional Athletes Village, leading to athletes travelling long distances for training, further exacerbating the logistical issues ahead of the mega-event.

MCA unveils Rs 500 Cr subsidy for clubs, names Wankhede lounges after Tendulkar, Rahane

MCA unveils Rs 500 Cr subsidy for clubs, names Wankhede lounges after Tendulkar, Rahane

Rediff.com11 Sep 2026

The Mumbai Cricket Association (MCA) has significantly increased its subsidy corpus for affiliated clubs to Rs 500 crore over the next decade, aiming to bolster grassroots cricket infrastructure. Additionally, the MCA decided to name lounges at the iconic Wankhede Stadium after cricket legends Sachin Tendulkar, Ajinkya Rahane, and late Madhav Mantri.

Tirkey, Bhola Nath face off as Hockey India crisis grows

Tirkey, Bhola Nath face off as Hockey India crisis grows

Rediff.com15 Sep 2026

Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.

Modi at BRICS: Global South must be 'rule shaper, not follower'

Modi at BRICS: Global South must be 'rule shaper, not follower'

Rediff.com13 Sep 2026

Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.

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.

Who Should Avoid F&O Trading?

Who Should Avoid F&O Trading?

Rediff.com28 Aug 2026

Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Rediff.com15 Sep 2026

'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'

Is Modi Govt Bowing To US Demands On UPI Charges?

Is Modi Govt Bowing To US Demands On UPI Charges?

Rediff.com16 Sep 2026

The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

We need to stay ahead of hackers, Maruti CEO tells automobile meet

We need to stay ahead of hackers, Maruti CEO tells automobile meet

Rediff.com3 Sep 2026

A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.

The Lawyer Who Quit Her Job To Make Lord Ganeshas

The Lawyer Who Quit Her Job To Make Lord Ganeshas

Rediff.com14 Sep 2026

A third generation murtikar and probably one of the first in her family, Manaswi Bagwe, a self-taught sculptor, is quietly pushing the boundaries of idol-making.

Why Smart People Still Fail At Retirement Planning

Why Smart People Still Fail At Retirement Planning

Rediff.com28 Aug 2026

Retirement planning is not a test of how smart you are; it is a test of how well you control your behaviour.

Delhi E-Rickshaw Driver Murdered, Family Protests For Justice

Delhi E-Rickshaw Driver Murdered, Family Protests For Justice

Rediff.com13 Sep 2026

An e-rickshaw driver, Abhishek, was stabbed to death by unidentified assailants in Delhi's Shahbad Dairy area. His family and locals protested by blocking a road with his body, demanding justice. Police have registered a case, formed multiple teams, and are investigating the incident, examining CCTV footage to identify the accused.

Aya Nagar Gym Trainer Murder: Police Recover Key Motorcycle, Suspects Identified

Aya Nagar Gym Trainer Murder: Police Recover Key Motorcycle, Suspects Identified

Rediff.com17 Sep 2026

Police have recovered a motorcycle allegedly used in the killing of a 28-year-old gym trainer in Aya Nagar. Two suspects have been identified, and raids are underway to apprehend them. The investigation is delving into a long-running rivalry involving previous murders and potential organised crime links.

'We Are Adjusting': Indian Athletes Face Cramped Rooms at Asian Games

'We Are Adjusting': Indian Athletes Face Cramped Rooms at Asian Games

Rediff.com17 Sep 2026

India's Asian Games contingent faces accommodation issues at Costa Serena, as athletes report cramped rooms and long delays amid organisational chaos.

UIDAI Plans International Expansion For Aadhaar

UIDAI Plans International Expansion For Aadhaar

Rediff.com10 Sep 2026

The Unique Identification Authority of India (UIDAI) is actively working on plans to expand Aadhaar's reach globally, particularly to benefit non-resident Indians (NRIs) and overseas citizens of India (OCIs). This initiative aims to enhance interoperability, attract investment, and streamline digital identification processes, with new guidelines for merchants and products like Aadhaar Lite also in development.

'We are disappointed': NSW warns over BBL privatisation

'We are disappointed': NSW warns over BBL privatisation

Rediff.com9 Sep 2026

New South Wales (NSW) has strongly criticised Cricket Australia's (CA) decision to proceed with a "self-determination" model for Big Bash League (BBL) privatisation, warning of potential threats to investment in grassroots cricket and long-term implications for the sport. NSW, which operates two BBL clubs, expressed disappointment over the lack of alignment across Australian cricket and highlighted unfulfilled conditions for the sale process.

How EY India's New Platform Quantifies Cyber Risk In Real-Time

How EY India's New Platform Quantifies Cyber Risk In Real-Time

Rediff.com9 Jul 2026

EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.

UPI charges: Govt rejects rollback amid Opposition outcry

UPI charges: Govt rejects rollback amid Opposition outcry

Rediff.com17 Sep 2026

The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.

How India's Digital Ecosystem Propelled UPI To Global Success

How India's Digital Ecosystem Propelled UPI To Global Success

Rediff.com25 Aug 2026

Arunachal Pradesh Chief Minister Pema Khandu highlighted that the success of UPI, which handles nearly half of the world's real-time digital transactions, stems from a collaborative ecosystem including financial inclusion, digital identity, and affordable internet. He attributed this digital payments revolution to the vision of PM Narendra Modi.

Get A Scholarship Worth Rs 75,000

Get A Scholarship Worth Rs 75,000

Rediff.com28 Aug 2026

The scholarship is open to students from Classes 1 to 12, as well as those pursuing their diploma, ITI, polytechnic, undergraduate and postgraduate courses, including both general and professional programmes.

Why I Refuse To Romanticise The 1980s

Why I Refuse To Romanticise The 1980s

Rediff.com14 Sep 2026

Some decades are worth remembering exactly as they were, unfiltered, because that's the only way the people who survived them get to be seen at all, points out Binu Alex.

Why Tata Trusts Should Let Go Of Tata Sons

Why Tata Trusts Should Let Go Of Tata Sons

Rediff.com16 Sep 2026

A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.

Haiwaan Review: Akshay Hams, Saif Bores

Haiwaan Review: Akshay Hams, Saif Bores

Rediff.com11 Sep 2026

Haiwaan's staggeringly foolish notions make for unintended comedy, rues Sukanya Verma.

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.

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

Rediff.com16 Sep 2026

The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.

Bangladesh pulls plug on BPL as corruption allegations, losses mount

Bangladesh pulls plug on BPL as corruption allegations, losses mount

Rediff.com21 Aug 2026

Bangladesh has shelved the BPL for a season amid corruption allegations, financial losses and organisational turmoil, with the cricket board promising a carefully rebuilt tournament.

Meeting underway to appoint first CEO of Ram Temple in Ayodhya

Meeting underway to appoint first CEO of Ram Temple in Ayodhya

Rediff.com2 Sep 2026

The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint its first full-time CEO from a shortlist of three candidates, chosen from over 5,500 applicants. The Trust is also discussing filling three vacant trustee posts, amending the Trust deed, and addressing administrative matters, including financial affairs and security coordination, following a recent controversy over alleged temple donation embezzlement.

Lupin eyes $500 million from biosimilars, expands global footprint

Lupin eyes $500 million from biosimilars, expands global footprint

Rediff.com15 Sep 2026

Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.

Filmmaker Rajkumar Hirani Predicts AI Will Revolutionise Cinema Production

Filmmaker Rajkumar Hirani Predicts AI Will Revolutionise Cinema Production

Rediff.com10 Sep 2026

Renowned filmmaker Rajkumar Hirani believes artificial intelligence will entirely transform the film industry, making production more cost-effective and efficient. He highlights AI's potential as a "game changer" while also cautioning that its effective use requires extensive research and adaptation.

Three Business Dailies Set to Launch

Three Business Dailies Set to Launch

Rediff.com22 Aug 2026

The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.

How AI And Cloud Are Democratising Capabilities For Indian Businesses

How AI And Cloud Are Democratising Capabilities For Indian Businesses

Rediff.com7 Sep 2026

Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.

'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.'

How UPI Revolutionised India's Digital Payment Landscape

How UPI Revolutionised India's Digital Payment Landscape

Rediff.com25 Aug 2026

Union Home Minister Amit Shah lauded UPI on its 10th anniversary, highlighting its role in India's digital transformation. Launched by NPCI in 2016, UPI has become the world's largest real-time payment system, witnessing a massive surge in transaction volume and value, demonstrating its success in empowering people with swift, seamless, and secure digital transactions.

UP Government Provides Financial Aid To Murder Victim's Family

UP Government Provides Financial Aid To Murder Victim's Family

Rediff.com31 May 2026

The Uttar Pradesh government has provided financial assistance to the family of a man who was murdered in Baghpat district. The family received Rs 5 lakh from the Chief Minister Relief Fund following instructions from Chief Minister Yogi Adityanath.

Devashish Makhija: 'I Expect To Be Ridiculed'

Devashish Makhija: 'I Expect To Be Ridiculed'

Rediff.com8 Sep 2026

'Manoj Bajpayee is my enabler. Till Taandav nobody knew me, and for 10 years I was trying to make films. Manoj enters my life and suddenly, one after the other, I start getting opportunities.'

'Iran is finished': Trump vows zero financial relief during 60-day talks

'Iran is finished': Trump vows zero financial relief during 60-day talks

Rediff.com20 Jun 2026

Following the signing of a 14-point Memorandum of Understanding (MoU) with Iran, US President Donald Trump reiterated the terms for a 60-day negotiation period, vowing that Tehran will receive "not ten cents" in financial relief.

'Masters of the ODI game': Santner wary of Kohli, Rohit

'Masters of the ODI game': Santner wary of Kohli, Rohit

Rediff.com7 Sep 2026

New Zealand captain Mitchell Santner is preparing for a tough challenge against India's Virat Kohli and Rohit Sharma in the upcoming five-match ODI series. Santner hopes the Indian stalwarts don't dominate on New Zealand pitches as they have in the past. He also discussed the importance of the series for World Cup preparations and the challenges of the two-Test series for a new-look Indian side.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'