News for 'Financial Times'

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

Rediff.com8 Sep 2026

Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.

Chinese Prez Xi to visit India for BRICS Summit; to hold talks with Modi

Chinese Prez Xi to visit India for BRICS Summit; to hold talks with Modi

Rediff.com11 Sep 2026

Chinese President Xi Jinping's upcoming visit to India for the BRICS summit is a pivotal diplomatic event poised to significantly impact bilateral ties and global cooperation amidst ongoing international instability.

China, US, India must compensate Nepal for flash floods: Khanal

China, US, India must compensate Nepal for flash floods: Khanal

Rediff.com2 Sep 2026

Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.

Xi calls on BRICS countries to help end war in West Asia

Xi calls on BRICS countries to help end war in West Asia

Rediff.com12 Sep 2026

Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.

Jarange's 'final agitation' for Maratha quota begins

Jarange's 'final agitation' for Maratha quota begins

Rediff.com29 Aug 2026

Quota activist Manoj Jarange has launched an indefinite hunger strike, demanding that the Maharashtra government immediately issue caste certificates based on the 58 lakh Kunbi records identified earlier, asserting that the Maratha community will not grant any further time.

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.

Asim Munir Gives ISI's 'Dirty Harry' New Job

Asim Munir Gives ISI's 'Dirty Harry' New Job

Rediff.com5 Sep 2026

Major General Faisal Naseer, infamously dubbed 'Dirty Harry' for his controversial tenure in the ISI, has been appointed national co-ordinator of Pakistan's National Counter-Terrorism Authority.

Several parliamentary panels await reconstitution

Several parliamentary panels await reconstitution

Rediff.com21 Aug 2026

Several vital parliamentary committees, including those dealing with ethics, rules, and financial matters, are yet to be formally reconstituted. This delay affects the functioning of the Lok Sabha and the oversight of government operations.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

India launches Rs 62,500 crore mobile production scheme to boost local brands

India launches Rs 62,500 crore mobile production scheme to boost local brands

Rediff.com22 Aug 2026

India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.

'Save this league': India women make passionate plea for Women's HIL

'Save this league': India women make passionate plea for Women's HIL

Rediff.com25 Aug 2026

India women's hockey players urge the Sports Ministry and corporates to save the Women's HIL, saying the league is vital for developing future talent.

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com21 Aug 2026

It's not about how much you earn -- it's about how you borrow and repay.

India-China Rivalry Tests BRICS' Future

India-China Rivalry Tests BRICS' Future

Rediff.com8 Sep 2026

India and China are in what experts call 'a cooperation-versus-competition situation'.

Sunny Deol: 'I Was Rs 55.99 Crore In Debt'

Sunny Deol: 'I Was Rs 55.99 Crore In Debt'

Rediff.com18 Aug 2026

'The money I owed was all mine. I didn't borrow it from anyone. I didn't owe anyone anything. I just had to sell my own assets and pay back.'

How Cloud And AI Can Propel India's Economic Growth

How Cloud And AI Can Propel India's Economic Growth

Rediff.com7 Sep 2026

Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.

'I am only leaving...': Shehzad Poonawalla urges BJP to accept his resignation

'I am only leaving...': Shehzad Poonawalla urges BJP to accept his resignation

Rediff.com17 Aug 2026

BJP national spokesperson Shehzad Poonawalla has resigned from all his party positions and primary membership, citing pressing financial and personal circumstances. He had initially offered to resign on July 30, but the party requested him to reconsider. Poonawalla confirmed his final decision on Monday, stating he would move into the private sector but continue to support Prime Minister Modi's vision.

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.

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

Chinese arms executive held for leaking secrets to two countries

Chinese arms executive held for leaking secrets to two countries

Rediff.com31 Aug 2026

A Chinese military trading company executive has been arrested for allegedly leaking sensitive defence information to intelligence agencies from two countries, China's top spy and anti-espionage agency said on Monday.

Ricky Ponting warns of ODI cricket's decline amid T20 surge

Ricky Ponting warns of ODI cricket's decline amid T20 surge

Rediff.com8 Sep 2026

Legendary Australian cricketer Ricky Ponting expresses concern over the diminishing role of One Day International (ODI) cricket due to the rapid expansion of T20 Internationals and franchise leagues worldwide. While he believes Test cricket will remain strong with support from major cricketing nations, Ponting fears the 50-over format will be played less frequently. David Warner also weighs in on the challenges and opportunities presented by the crowded T20 calendar.

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.

'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.'

How Ariha Pangambam Won India's First Aerobics Gymnastics Gold

How Ariha Pangambam Won India's First Aerobics Gymnastics Gold

Rediff.com28 Aug 2026

At 22, Ariha Pangambam from Manipur created history by winning the first ever individual gold for India in aerobic gymnastics at the Asian championships.

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

Rediff.com4 Sep 2026

The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.

'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.'

Gandhari, Dhamaal 4, Fauda Arrive On OTT

Gandhari, Dhamaal 4, Fauda Arrive On OTT

Rediff.com2 Sep 2026

Highly anticipated Bollywood movie premieres, post-theatrical releases, gripping new OTT series and the return of popular international shows: September promises a rich and varied slate of content.

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.'

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

Qatar presses ahead with November F1, MotoGP races despite regional uncertainty

Qatar presses ahead with November F1, MotoGP races despite regional uncertainty

Rediff.com1 Sep 2026

Qatar remains committed to hosting November's MotoGP and Formula One races despite regional uncertainty, with Lusail preparations continuing and Formula One set to decide the race's fate.

Government interference costs Sri Lanka Women's Champions Trophy hosting

Government interference costs Sri Lanka Women's Champions Trophy hosting

Rediff.com30 Aug 2026

The International Cricket Council (ICC) has withdrawn Sri Lanka's hosting rights for the inaugural Women's Champions Trophy in 2027, citing government interference in Sri Lanka Cricket's administration. This decision, stemming from the presence of a government-appointed Transformation Committee, could also jeopardise the Sri Lankan women's team's participation and will have financial implications for the board.

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.

How Did Tata Group Fare Under Chandra?

How Did Tata Group Fare Under Chandra?

Rediff.com21 Aug 2026

N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.

Nagendra offered to quit to save Congress from embarrassment: Shivakumar

Nagendra offered to quit to save Congress from embarrassment: Shivakumar

Rediff.com29 Aug 2026

Karnataka Chief Minister D K Shivakumar confirmed that Minister B Nagendra has offered to resign to avoid embarrassing the Congress party and the government, despite Shivakumar's insistence on Nagendra's innocence in the alleged Valmiki Scheduled Tribes Development Corporation scam. The Chief Minister stated he would consult the party high command before making a final decision.

Plea in SC seeks confiscation of assets of paper leak offenders

Plea in SC seeks confiscation of assets of paper leak offenders

Rediff.com18 Aug 2026

The Supreme Court has sought responses from the Centre and state governments on a Public Interest Litigation (PIL) advocating for the confiscation of movable and immovable property belonging to individuals and their family members involved in exam question paper leak cases. The plea also calls for invoking various anti-corruption and financial crime acts against perpetrators and suggests consecutive sentencing for such offences.

OTT This Week: DC, Dhamaal 4, Gandhari, Unmadham

OTT This Week: DC, Dhamaal 4, Gandhari, Unmadham

Rediff.com4 Sep 2026

This week's OTT releases offer a diverse range of entertainment, from a violent spin on the Devdas story in DC to the return of the Dhamaal gang in Dhamaal 4, and the latest intergalactic adventures of The Mandalorian and Grogu.

No more military strikes on Iran, Rubio informs US allies

No more military strikes on Iran, Rubio informs US allies

Rediff.com26 Aug 2026

The US has informed allies it will avoid new military strikes on Iran, instead focusing on economic sanctions and maritime enforcement, particularly in the Strait of Hormuz. This strategic shift aims to intensify pressure on Tehran's economy and oil exports while keeping the military option open if Iran initiates aggression. Diplomatic efforts continue amidst persistent regional tensions and maritime incidents.

Transfer Deadline Day 2026: Aston Villa Sign 18-Year-Old Ibrahim Mbaye From PSG

Transfer Deadline Day 2026: Aston Villa Sign 18-Year-Old Ibrahim Mbaye From PSG

Rediff.com2 Sep 2026

Ibrahim Mbaye, the 18-year-old Senegal forward, has completed a permanent transfer from Paris St Germain to Premier League club Aston Villa.

Trump announces 'Economic D-Day' against Iran, warns countries helping Tehran

Trump announces 'Economic D-Day' against Iran, warns countries helping Tehran

Rediff.com20 Aug 2026

US President Donald Trump has declared an 'economic D-Day' against Iran, unveiling what he terms the 'most crushing economic operation ever taken' and warning global entities against providing any support to Tehran.

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com1 Sep 2026

'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'