News for 'Financial Times'

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com6 days ago

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

Self-Styled Godman Kharat Remanded To Police Custody

Self-Styled Godman Kharat Remanded To Police Custody

Rediff.com24 Apr 2026

A court in Nashik has remanded self-styled godman Ashok Kharat to police custody until April 26 in connection with the sixth case of sexual exploitation registered against him. Kharat, already arrested on March 18, faces multiple accusations of sexually exploiting women and engaging in financial fraud by exploiting his claimed divine powers.

Gulf War: Time India Distances Itself From Israel

Gulf War: Time India Distances Itself From Israel

Rediff.com31 Mar 2026

It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

Why Akhilesh Yadav Wants CBI Inquiry Into Hardoi Killing

Why Akhilesh Yadav Wants CBI Inquiry Into Hardoi Killing

Rediff.com5 days ago

Samajwadi Party president Akhilesh Yadav has demanded a CBI inquiry into the murder of a girl in Hardoi, Uttar Pradesh, alleging that the state has become unsafe for women under the BJP government. He visited the victim's family, offered financial assistance, and criticised the state administration for failing to protect her despite her repeated appeals to the police.

Akhilesh Yadav Calls For CBI Inquiry Into Hardoi Murder Case

Akhilesh Yadav Calls For CBI Inquiry Into Hardoi Murder Case

Rediff.com5 days ago

Samajwadi Party president Akhilesh Yadav has demanded a CBI inquiry into the killing of a girl in Hardoi's Bilgram area, asserting that Uttar Pradesh has become 'number one' in crimes against women under the BJP rule.

J-K school declared 'unlawful entity' under UAPA over banned Jamaat links

J-K school declared 'unlawful entity' under UAPA over banned Jamaat links

Rediff.com28 Apr 2026

A school in Shopian district of Jammu and Kashmir, allegedly run by individuals affiliated with a banned organisation, has been declared an "unlawful entity" under the Unlawful Activities (Prevention) Act (UAPA).

UP Government Fast-Tracks Relief For Farmers Hit By Bad Weather

UP Government Fast-Tracks Relief For Farmers Hit By Bad Weather

Rediff.com5 days ago

The Uttar Pradesh government is accelerating compensation for farmers affected by recent adverse weather, including storms, fires, hailstorms, and excessive rainfall.

Theatre Commands Plan Gains Momentum

Theatre Commands Plan Gains Momentum

Rediff.com1 days ago

The plan includes three such formations: A China-focused Northern Theatre Command, a Pakistan-focused Western Theatre Command, and a Maritime Theatre Command.

Iran Ceasefire Hours From Collapse

Iran Ceasefire Hours From Collapse

Rediff.com21 Apr 2026

Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.

Old vs New Tax Regime: Higher Allowances, HRA Changes Warrant Review

Old vs New Tax Regime: Higher Allowances, HRA Changes Warrant Review

Rediff.com6 days ago

Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com7 days ago

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com23 Mar 2026

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.

Odisha man was made to walk 3km to re-bury sister's skeleton: BJD

Odisha man was made to walk 3km to re-bury sister's skeleton: BJD

Rediff.com6 days ago

An administrative inquiry has been ordered after a man in Odisha was allegedly forced to carry his sister's skeleton to a bank to withdraw money. The BJD has alleged further mistreatment, claiming he was made to re-bury the remains. The bank denies asking for the corpse, stating they only required a death certificate.

Weak FY27 guidance, AI fears weigh on Infosys

Weak FY27 guidance, AI fears weigh on Infosys

Rediff.com25 Apr 2026

Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.

Realty developers roll out flexible payment plans amid slow sales

Realty developers roll out flexible payment plans amid slow sales

Rediff.com2 days ago

Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.

Dawood Ibrahim Aide Dola In NCB Custody Till May 8

Dawood Ibrahim Aide Dola In NCB Custody Till May 8

Rediff.com5 days ago

Notorious drug trafficker Mohammad Salim Dola, a close aide of fugitive gangster Dawood Ibrahim, has been remanded in the Narcotics Control Bureau's custody until May 8 in connection with a 2023 drugs seizure case.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com5 days ago

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Ex-Official Accused Of Swiss Francs Scam Granted Bail

Ex-Official Accused Of Swiss Francs Scam Granted Bail

Rediff.com1 days ago

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

Yield-Generating Instruments Attract Investors as IPO Activity Dips

Yield-Generating Instruments Attract Investors as IPO Activity Dips

Rediff.com7 days ago

Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com7 days ago

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

Self-Proclaimed Godman In Police Custody For Cheating

Self-Proclaimed Godman In Police Custody For Cheating

Rediff.com4 days ago

A court in Nashik remanded self-proclaimed godman Ashok Kharat in police custody until May 4 in connection with a case of cheating a Pune-based businessman of over Rs 5 crore.

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

Rediff.com16 Apr 2026

Under FAME-II, automakers provided subsidies to electric vehicle (EV) customers at the time of purchase, with the understanding that the government would reimburse the firms later.

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Rediff.com1 days ago

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com1 days ago

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

Man Held For Murdering Woman In Faridabad

Man Held For Murdering Woman In Faridabad

Rediff.com4 days ago

Faridabad Police have arrested a man for allegedly murdering a woman whose body was discovered in Ballabgarh last week. The accused, Beeru, confessed to the crime, citing the victim's repeated demands for money and threats to report him to the police.

Fadnavis Calls For Maharashtra Police To Combat Cybercrime

Fadnavis Calls For Maharashtra Police To Combat Cybercrime

Rediff.com28 Apr 2026

Maharashtra Chief Minister Devendra Fadnavis has emphasised the need for the state police to enhance their preparedness in addressing modern challenges such as cybercrime and financial offences. He highlighted the importance of the police force in maintaining law and order and contributing to the state's economic progress during the closing ceremony of the 36th Maharashtra State Police Sports Competition.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com2 days ago

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Is China providing military aid to Iran?

Is China providing military aid to Iran?

Rediff.com15 Apr 2026

China's Foreign Ministry has refuted allegations of providing military support to Iran, warning the US against imposing tariffs based on these accusations. The statement follows reports of Iran acquiring a Chinese satellite for targeting US military bases. Meanwhile, a rescheduled meeting between Presidents Trump and Xi Jinping is set for May.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'

Italy rejects Trump envoy's suggestion to replace Iran at World Cup

Italy rejects Trump envoy's suggestion to replace Iran at World Cup

Rediff.com24 Apr 2026

Italy rejects a proposal by Trump envoy Paolo Zampolli to replace Iran at the FIFA World Cup 2026, as officials insist qualification must be earned on merit.

'My Child Back-Answers Me In Front Of Elders And Guests'

'My Child Back-Answers Me In Front Of Elders And Guests'

Rediff.com27 Apr 2026

rediffGURU Anu Krishna, co-founder of Unfear Changemakers explains how you can deal with teenage rage and behaviour tantrums.

IBC-tax law mismatch clouds loss carry-forward benefits

IBC-tax law mismatch clouds loss carry-forward benefits

Rediff.com4 days ago

A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 days ago

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Can Rs 1.15 Cr Corpus Fund Rs 2 Lakh Monthly?

Can Rs 1.15 Cr Corpus Fund Rs 2 Lakh Monthly?

Rediff.com14 Apr 2026

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com14 Apr 2026

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

UP Government Provides Assistance To Grieving Family

UP Government Provides Assistance To Grieving Family

Rediff.com26 Apr 2026

The Uttar Pradesh government has provided financial assistance and other support to the family of a 15-year-old girl found dead in the Ganga river in Ghazipur. A cheque of Rs 5 lakh was handed over, along with assurances of housing and land for agriculture.

Behind The Crown: Miss India Winners Show Their Real Side

Behind The Crown: Miss India Winners Show Their Real Side

Rediff.com6 days ago

Femina Miss India World 2026 Sadhvi Sail, first runner-up Rajnandini Pawar and second runner-up Sree Advaita open up about breaking stereotypes and why pageantry is more than just the crown.