News for 'Financial Times'

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

Rediff.com12 Aug 2026

Indian physicist Deepak Dhar, a professor at ICTS-TIFR in Bengaluru, has been awarded the prestigious 2026 Dirac Medal for his significant contributions to statistical mechanics. He shares the honour with three other physicists for their work on understanding complex systems, with applications in diverse fields like biology, finance, and AI. Dhar is particularly recognised for his "sandpile model" and has previously received the Padma Bhushan and Boltzmann Medal.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Trump tightens green card rules, Indians face fresh hurdles

Trump tightens green card rules, Indians face fresh hurdles

Rediff.com19 Aug 2026

The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Time India Embraces China And US

Time India Embraces China And US

Rediff.com26 Jun 2026

India's dual pursuit of a robust strategic partnership with Washington and a pragmatic, tension-management policy with Beijing represents the essence of modern multi-alignment. By embracing economic pragmatism, learning to compartmentalize political differences, and engaging in continuous dialogue, India can secure its borders, grow its economy, and contribute to a stable, multipolar Asian century, points out Ambassador Rajasekhar.

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Rediff.com11 Aug 2026

Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Rediff.com25 Aug 2026

Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

3 newborns killed in Maha govt hospital fire, 36 rescued; probe ordered

3 newborns killed in Maha govt hospital fire, 36 rescued; probe ordered

Rediff.com24 Aug 2026

The incident, which occurred early Monday morning, was reportedly caused by a sparking ventilator.

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com10 Aug 2026

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

Rediff.com4 Aug 2026

Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.

ITR Notices Explained: What Every Taxpayer Should Know

ITR Notices Explained: What Every Taxpayer Should Know

Rediff.com3 Aug 2026

'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'

Maha govt to act against drivers not knowing Marathi from tomorrow

Maha govt to act against drivers not knowing Marathi from tomorrow

Rediff.com19 Aug 2026

Maharashtra's Transport Minister Pratap Sarnaik announced a drive against auto-rickshaw and taxi drivers lacking a 'working knowledge' of Marathi, with penalties ranging from licence suspension to cancellation, sparking fears among non-Marathi speaking drivers.

Will Khalifa 2: The Legacy Be Made? Because...

Will Khalifa 2: The Legacy Be Made? Because...

Rediff.com24 Aug 2026

If Khalifa: The Ruler continues to bleed at the box office, the odds of a big-budget sequel materialising drop to practically zero. The harsh reality of franchise filmmaking is incredibly simple: If the 'ruler' fails to conquer, absolutely no one is going to care about the 'legacy', no matter how many superstars you cram onto a poster.

Easy Loans: 5 Rules Every Borrower Should Follow

Easy Loans: 5 Rules Every Borrower Should Follow

Rediff.com21 Jul 2026

The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Rediff.com17 Aug 2026

The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.

Investing all at once or little by little? The real answer might surprise you!

Investing all at once or little by little? The real answer might surprise you!

Rediff.com23 Jul 2026

The decision depends on factors like your capital on hand, investment timeframe, and comfort level with market fluctuations. In this blog, let us understand how both approaches work.

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

Rediff.com17 Aug 2026

SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.

West Asia Crisis May Hit FY27 Fiscal Deficit

West Asia Crisis May Hit FY27 Fiscal Deficit

Rediff.com18 Aug 2026

The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com20 Aug 2026

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Rediff.com11 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.

Rishabh Pant seeks Uttarakhand land for home, CM Dhami assures help

Rishabh Pant seeks Uttarakhand land for home, CM Dhami assures help

Rediff.com8 Aug 2026

India wicketkeeper-batter Rishabh Pant has appealed to Uttarakhand Chief Minister Pushkar Singh Dhami for assistance in acquiring land to build a home and shift his base from Delhi to his native state. CM Dhami has assured Pant of all possible help, stating that the matter has been referred to concerned officials.

'I Was Scammed on a Matrimonial Web Site'

'I Was Scammed on a Matrimonial Web Site'

Rediff.com14 Aug 2026

rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

ODI cricket's future hinges on this major ICC plan

ODI cricket's future hinges on this major ICC plan

Rediff.com12 Aug 2026

The era of 'randomly' scheduling bilateral series is over, but the ODI format can continue to survive and thrive with its place 'inextricably' linked to the World Cup, said ICC CEO Sanjog Gupta in an interview to PTI.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

'I want to be like Mary Kom': Pakistan's boxing hero

'I want to be like Mary Kom': Pakistan's boxing hero

Rediff.com1 Aug 2026

Pakistan's first female Commonwealth Games boxing medallist, Fatima Zahra, credits Indian boxing legend MC Mary Kom as her primary inspiration, having watched the Bollywood biopic on Kom's life and emulating her journey of overcoming adversity.

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Rediff.com11 Aug 2026

The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.

NEET-UG paper leak chargesheet cites accused's gate control app, digital trail

NEET-UG paper leak chargesheet cites accused's gate control app, digital trail

Rediff.com7 Aug 2026

The CBI has filed a charge sheet in the NEET-UG 2026 paper leak case, relying heavily on digital forensic evidence including an access control app and call data records. The investigation revealed that three NTA subject experts allegedly exploited procedural gaps to leak confidential questions for money, involving a beautician and a coaching centre owner in the distribution of the leaked material to aspirants.

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com14 Aug 2026

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

'Still no job': India's U20 javelin silver medallist opens up

'Still no job': India's U20 javelin silver medallist opens up

Rediff.com12 Aug 2026

Ashish Yadav, a 19-year-old javelin thrower, won a silver medal at the World Under-20 championships, becoming the second Indian after Neeraj Chopra to achieve this feat. Despite his sporting success and significant improvement in performance through systematic training in Hisar, Yadav continues to search for a job to support his family, highlighting the financial challenges faced by many aspiring athletes.

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Rediff.com12 Aug 2026

'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com24 Jul 2026

Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.

Tejaswin Shankar eyes Asian Games gold after rapid decathlon progress

Tejaswin Shankar eyes Asian Games gold after rapid decathlon progress

Rediff.com19 Aug 2026

Tejaswin Shankar, a two-time Commonwealth Games medalist, is targeting an Asian Games decathlon gold with a personal best, while building towards Olympic-level performances and longevity.

Are Your Investments Worth The Effort?

Are Your Investments Worth The Effort?

Rediff.com11 Aug 2026

Many investors are working hard as their own fund managers, unaware whether their efforts have actually rewarded them for the job.

Only 9 Women CEOs, 25 Women MDs in Top 500

Only 9 Women CEOs, 25 Women MDs in Top 500

Rediff.com13 Aug 2026

The top 500 listed companies had 860 women directors or board members overall.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.