News for 'Financial Times'

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com2 Sep 2026

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.

How To Pick The Right BAF

How To Pick The Right BAF

Rediff.com4 Sep 2026

BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.

PTI Chief On Media's Role: Scepticism Over Cynicism

PTI Chief On Media's Role: Scepticism Over Cynicism

Rediff.com5 Sep 2026

PTI Editor-in-Chief Vijay Joshi emphasised that democracy thrives on citizens who question everything, not those who blindly believe or disbelieve. Speaking at 'Media Conclave 2026', he highlighted the challenges posed by social media, the focus on speed over verification, and AI-generated fake content, stressing the importance of media credibility for informed decision-making.

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com28 Aug 2026

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.

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

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

Rediff.com1 Sep 2026

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

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 Sep 2026

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

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.com30 Aug 2026

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.

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.

Some Revealing Facts About India's States!

Some Revealing Facts About India's States!

Rediff.com5 Sep 2026

As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

Ram Temple Trust: The 5 New Guardians

Ram Temple Trust: The 5 New Guardians

Rediff.com4 Sep 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust has appointed a new leadership team, including retired Air Marshal Jeetendra Mishra as CEO, Ayodhya lawyer Madan Mohan Pandey as trustee, Delhi businessman Mahesh Bhagchandka as treasurer, and Dr Nirmala Yadav as the first woman trustee, to address allegations of theft and improve administration and devotee facilities.

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Rediff.com26 Aug 2026

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.

Nitin Mukesh: 'There Can Never Be Another Mukesh'

Nitin Mukesh: 'There Can Never Be Another Mukesh'

Rediff.com29 Aug 2026

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

Govt Plans Airport Auction Cap

Govt Plans Airport Auction Cap

Rediff.com31 Aug 2026

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

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com20 Aug 2026

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

Missed Filing Income Tax Return? Read This

Missed Filing Income Tax Return? Read This

Rediff.com12 Aug 2026

A delayed ITR could prompt greater scrutiny, document requests or processing delays.

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

Rediff.com21 Aug 2026

India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.

Manchester United bolster midfield with Carlos Baleba signing

Manchester United bolster midfield with Carlos Baleba signing

Rediff.com26 Aug 2026

Manchester United have officially signed midfielder Carlos Baleba from Brighton & Hove Albion on a contract until 2031, with an option for an additional year. The deal is reportedly worth an initial 60 million, plus add-ons, for the Cameroon international.

Operation Sindoor veteran is Ram temple trust's first CEO

Operation Sindoor veteran is Ram temple trust's first CEO

Rediff.com3 Sep 2026

Air Marshal (retd) Jeetendra Mishra has been appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmbhoomi Teerth Kshetra Trust. His selection follows a rigorous process and comes amidst a recent controversy regarding alleged embezzlement of temple donations.

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Rediff.com6 Aug 2026

Commonwealth Games gold medallist Soman Rana has highlighted the critical need for increased corporate support and permanent jobs for Indian para-athletes. He stressed that financial security is vital for athletes to focus on training and achieve consistent international success, including at events like the Paralympics and Para Asian Games. His views were echoed by PCI president Devendra Jhajharia and M3M Foundation chairperson Payal Kanodia, who noted the growing recognition and support for the Paralympic movement in India.

From NCC To Asian Games: Vidarsa K Vinod's Remarkable Shooting Journey

From NCC To Asian Games: Vidarsa K Vinod's Remarkable Shooting Journey

Rediff.com10 Aug 2026

Vidarsa K Vinod, a 27-year-old rifle shooter from Kozhikode, has secured a spot in the Indian squad for the Aichi-Nagoya Asian Games. Her path from an NCC introduction to elite competition was marked by financial struggles, training with borrowed equipment, and overcoming setbacks like the COVID-19 pandemic. With crucial support from her family, husband, and the National Centre of Excellence, she now aims to become the World No. 1 in her sport.

US Visa Pause Clouds Travel Plans

US Visa Pause Clouds Travel Plans

Rediff.com27 Aug 2026

'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

Rediff.com7 Sep 2026

'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'

Tata Sons AGM adjourned due to lack of quorum

Tata Sons AGM adjourned due to lack of quorum

Rediff.com18 Aug 2026

A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

Rediff.com20 Aug 2026

High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.

Bangladesh's China-US Tilt Should Worry India

Bangladesh's China-US Tilt Should Worry India

Rediff.com2 Sep 2026

Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.

Gujarat Boosts Athlete Support With Shaktidoot 2.0 Scheme And Rs 388 Crore Infrastructure

Gujarat Boosts Athlete Support With Shaktidoot 2.0 Scheme And Rs 388 Crore Infrastructure

Rediff.com11 Aug 2026

Gujarat Deputy Chief Minister Harsh Sanghavi has launched the 'Shaktidoot 2.0' statewide sports scheme, significantly increasing financial assistance for athletes up to Rs 50 lakh. The initiative also focuses on identifying grassroots talent, supporting differently-abled players, and inaugurating sports complexes and libraries worth over Rs 388 crore. The scheme introduces a transparent, performance-based selection process and immediate aid for exceptional non-scheme players.

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

Should You Invest In Balanced Hybrid Funds?

Should You Invest In Balanced Hybrid Funds?

Rediff.com27 Aug 2026

'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'

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.

Tottenham Hotspur sign Brazil winger Savinho from Manchester City

Tottenham Hotspur sign Brazil winger Savinho from Manchester City

Rediff.com25 Aug 2026

Tottenham Hotspur have significantly boosted their squad by signing Brazil winger Savinho from Manchester City, pushing their close-season spending beyond 300 million under manager Roberto De Zerbi, following a narrow escape from relegation last season.

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.

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.

Guj CID busts Rs 1,071 cr China-linked cybercrime ring, 'mastermind' held

Guj CID busts Rs 1,071 cr China-linked cybercrime ring, 'mastermind' held

Rediff.com18 Aug 2026

Gujarat CID has arrested Rafiqul Alam, the alleged 'mastermind' behind 1,090 cybercrimes totalling Rs 1,071.5 crore, who was found to have links with China-based criminals and converted illicit funds into cryptocurrencies.

World Cup hero Ferran Torres joins PSG from Barcelona on six-year deal

World Cup hero Ferran Torres joins PSG from Barcelona on six-year deal

Rediff.com15 Aug 2026

Paris St Germain have signed Spain's World Cup-winning forward Ferran Torres from Barcelona on a contract until 2031, the two clubs announced on Saturday.

HC quashes FCRA orders against two NGOs over funding Vizhinjam protests

HC quashes FCRA orders against two NGOs over funding Vizhinjam protests

Rediff.com12 Aug 2026

The Kerala high court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

Rediff.com11 Aug 2026

Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.

Govt sought removal of 2.44 lakh URLs in five months

Govt sought removal of 2.44 lakh URLs in five months

Rediff.com20 Aug 2026

Government departments requested social media platforms to remove 2.44 lakh pieces of content between March and July, with states initiating 82% of these requests. The IT Intermediaries Rules 2021 were amended to reduce takedown time to three hours. The PIB Fact Check unit clarified its role in content moderation, refuting claims of automated blocking by Meta and emphasising the need to address lawlessness in cyberspace.