News for 'Financial Times'

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

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

Rediff.com9 hours ago

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.

Maharashtra govt contractor dies by suicide over unpaid dues

Maharashtra govt contractor dies by suicide over unpaid dues

Rediff.com7 days ago

A 37-year-old government contractor in Navi Mumbai died by suicide due to severe financial strain from unpaid bills for completed work. Opposition parties in Maharashtra have accused the state government of negligence, demanding a culpable homicide case against the administration and highlighting a pattern of such incidents among Marathi contractors.

Lost Your Job? Protect Your Finances

Lost Your Job? Protect Your Finances

Rediff.com7 days ago

List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.

Jarange's 'final agitation' for Maratha quota begins

Jarange's 'final agitation' for Maratha quota begins

Rediff.com4 days ago

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.com2 days ago

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.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com18 Aug 2026

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com24 Aug 2026

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

Gandhari, Dhamaal 4, Fauda Arrive On OTT

Gandhari, Dhamaal 4, Fauda Arrive On OTT

Rediff.com7 hours ago

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.

Chinese arms executive held for leaking secrets to two countries

Chinese arms executive held for leaking secrets to two countries

Rediff.com2 days ago

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.

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

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

Rediff.com1 days ago

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.

India bags first-ever vice presidency of Paris-based financial watchdog FATF

India bags first-ever vice presidency of Paris-based financial watchdog FATF

Rediff.com20 Jun 2026

India was on Friday accorded the vice presidency of the Financial Action Task Force (FATF), the global body that sets standards for combating money laundering and terrorist financing, for the first time.

'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.

Government interference costs Sri Lanka Women's Champions Trophy hosting

Government interference costs Sri Lanka Women's Champions Trophy hosting

Rediff.com3 days ago

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.

How Ariha Pangambam Won India's First Aerobics Gymnastics Gold

How Ariha Pangambam Won India's First Aerobics Gymnastics Gold

Rediff.com5 days ago

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

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.

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.

Nagendra offered to quit to save Congress from embarrassment: Shivakumar

Nagendra offered to quit to save Congress from embarrassment: Shivakumar

Rediff.com5 days ago

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.

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.com23 hours ago

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

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.

'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.'

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.

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com1 days ago

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

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.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com15 hours ago

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

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.'

'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.

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 days ago

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

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

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

Rediff.com1 days ago

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

No more military strikes on Iran, Rubio informs US allies

No more military strikes on Iran, Rubio informs US allies

Rediff.com7 days ago

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.

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

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.

Maratha quota stir: Jarange warns of march to Mumbai over Kunbi certificate

Maratha quota stir: Jarange warns of march to Mumbai over Kunbi certificate

Rediff.com3 days ago

Activist Manoj Jarange on Sunday stood firm on his demand for Kunbi caste certificates for all Marathas as his indefinite hunger strike entered the second day, warning that he would march to Mumbai if the Maharashtra government failed to act.

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com5 days ago

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.

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.

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.

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.

Govt Plans Airport Auction Cap

Govt Plans Airport Auction Cap

Rediff.com2 days ago

'The number of airport bundles that may be awarded to a single bidder would be capped.'

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Rediff.com7 days ago

Reliance Jio's reintroduction of Jio Prime membership with a price lock until September 2027 and the retention of its entry-level daily unlimited data plan at ~299 rupees are seen by industry analysts as strong indicators of imminent tariff hikes across the Indian telecom sector.

Sri Lanka Cricket pushes for more Test matches against India, England, Australia

Sri Lanka Cricket pushes for more Test matches against India, England, Australia

Rediff.com23 Aug 2026

Eran Wickramaratne, chairman of Sri Lanka Cricket's interim committee, has called for a revision of the ICC's Future Tours Programme to allow Sri Lanka to play more Test matches against cricketing powerhouses like India, England, and Australia, citing the financial dependence on India and the desire to excel in the format.

Nitin Mukesh: 'There Can Never Be Another Mukesh'

Nitin Mukesh: 'There Can Never Be Another Mukesh'

Rediff.com4 days ago

'He is celebrated more for his melancholic songs although he sang an equal number of happy songs.'