News for 'Financial Times'

India's defence output hits record 1.78 lakh crore in 2025-26

India's defence output hits record 1.78 lakh crore in 2025-26

Rediff.com17 Jun 2026

India's annual defence production has reached an all-time high of Rs 1.78 lakh crore in FY 2025-26, marking a significant 15.6 per cent growth over the previous fiscal year. This achievement reflects a 110 per cent increase since 2020-21 and highlights the country's expanding defence industrial base, driven by policy support and increased private sector participation.

Why Sea Chokepoints Have Become The New Battleground

Why Sea Chokepoints Have Become The New Battleground

Rediff.com2 Jun 2026

If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.

TCS stares at additional $70 mn hit after US Supreme Court declines review in trade secret dispute

TCS stares at additional $70 mn hit after US Supreme Court declines review in trade secret dispute

Rediff.com16 Jun 2026

Tata Consultancy Services (TCS) will make an additional provision of USD 70 million in Q1 FY2027, bringing its total provision to USD 220 million, after the US Supreme Court declined to review a lower court ruling in a trade secrets dispute with Computer Sciences Corporation (now DXC Technology).

Delhi to register only e-two-wheelers from April 2028

Delhi to register only e-two-wheelers from April 2028

Rediff.com30 Jun 2026

The Delhi government has approved an ambitious electric vehicle policy that eliminates registration fees and road taxes for EVs priced up to Rs 30 lakh, offers a Rs 1 lakh incentive for purchasing new EVs while scrapping old vehicles, and mandates that only electric two-wheelers can be registered starting April 2028.

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Rediff.com12 Jun 2026

A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.

Why YRF's Spy Universe Is Failing: From Pathaan's Peak To Alpha's Struggles

Why YRF's Spy Universe Is Failing: From Pathaan's Peak To Alpha's Struggles

Rediff.com9 Jul 2026

The once promising YRF Spy Universe, which delivered Bollywood's first Rs 500 crore grosser with Pathaan, is now grappling with an uncertain future as recent releases like Alpha and War 2 fail to ignite the box office.

Falling Markets: Panic Or Perfect Time To Invest?

Falling Markets: Panic Or Perfect Time To Invest?

Rediff.com25 Mar 2026

Do not get trapped in the fear-and-greed cycle. Let time and discipline do the heavy lifting, points out Harsh Roongta.

Banking system liquidity in deficit after 3 months

Banking system liquidity in deficit after 3 months

Rediff.com24 Jun 2026

India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.

Masked Men Attack Commission Agent, Steal Rs 2 Lakh In Delhi

Masked Men Attack Commission Agent, Steal Rs 2 Lakh In Delhi

Rediff.com13 Jun 2026

Five masked men allegedly attacked a 55-year-old commission agent, Shivnath Sharma, at Narela Mandi, critically injuring him and stealing Rs 2 lakh. Police are investigating the incident, with the victim's family suspecting a business rivalry as the motive.

ED summons Pinarayi Vijayan's daughter for questioning

ED summons Pinarayi Vijayan's daughter for questioning

Rediff.com9 Jun 2026

The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.

T20 World Cup: Mother sold her jewellery to buy me cricket kit: Kranti Gaud

T20 World Cup: Mother sold her jewellery to buy me cricket kit: Kranti Gaud

Rediff.com23 Jun 2026

Despite becoming a regular member of the Indian women's cricket team, pacer Kranti Gaud has not forgotten her roots and the sacrifices that her parents made to support her career and she wants to repay their faith by excelling at the ongoing T20 World Cup in Manchester.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com24 Jun 2026

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

Paytm Outpaces Rivals in Monetisation, Driven by Lending and Financial Services

Paytm Outpaces Rivals in Monetisation, Driven by Lending and Financial Services

Rediff.com5 Mar 2026

A BofA Global Research report indicates that Paytm is leading in monetisation compared to its competitors due to its diversified mix of merchant lending and financial services, which enhances profitability and strengthens its position in the Indian fintech market.

FIFA World Cup brings back bitter memories for Mexico's missing families

FIFA World Cup brings back bitter memories for Mexico's missing families

Rediff.com24 Jun 2026

Mexico counts more than 135,000 missing people, a figure that has surged since 2006 when then-President Felipe Calderon launched a war against the country's drug cartels.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com26 Jun 2026

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Rediff.com10 Jun 2026

Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.

Four Booked For Firing At Parked SUV Over Monetary Dispute In Lucknow

Four Booked For Firing At Parked SUV Over Monetary Dispute In Lucknow

Rediff.com5 Jun 2026

Four individuals have been booked by Lucknow police for allegedly firing at a parked SUV in Gomti Nagar Extension. The incident, which occurred over a monetary dispute, saw multiple bullet marks on the vehicle, though no one was inside at the time. Police have registered a case and are investigating.

Beyond Fees: The Racket Of School 'Add-Ons'

Beyond Fees: The Racket Of School 'Add-Ons'

Rediff.com11 Jun 2026

A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.

Mumbai Bomb Threat Emails Target Key Offices

Mumbai Bomb Threat Emails Target Key Offices

Rediff.com10 Jun 2026

The Brihanmumbai Municipal Corporation (BMC) and other key Mumbai offices received email threats warning of explosions, prompting a major security alert and investigation by Mumbai Police. The emails allegedly referenced Khalistan and targeted the Mayor's office, CMO, and BSE building.

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Rediff.com3 Jun 2026

Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.

Con City Review: Heist Comedy That Keeps Misfiring

Con City Review: Heist Comedy That Keeps Misfiring

Rediff.com26 Jun 2026

Con City has a fun premise and a handful of clever scams, but its biggest con is convincing you it's smarter than it really is.

How The IPL Can Expand To 94 Games!

How The IPL Can Expand To 94 Games!

Rediff.com2 Apr 2026

'When we go into the next cycle of bilaterals, we will try to see whether we can get a bigger window, so we can go from 74 to 94 games.'

Dawood Ahmadzai's Journey: From Refugee Struggles to France's T20I Trailblazer

Dawood Ahmadzai's Journey: From Refugee Struggles to France's T20I Trailblazer

Rediff.com15 Jun 2026

Former Afghanistan U-19 cricketer Dawood Ahmadzai overcame hardship, exile and years of struggle to become France's leading T20I wicket-taker, with his sights now set on helping the country qualify for a historic Cricket World Cup.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com26 Jun 2026

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

Why Young Couples Don't Want Kids

Why Young Couples Don't Want Kids

Rediff.com30 Jun 2026

More Indians are consciously choosing to remain child-free. From personal freedom and finances to climate anxiety and mental wellbeing, young couples and singles tell us why parenthood isn't part of their life plan.

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Rediff.com28 May 2026

India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.

India's Era Has Arrived: Birla

India's Era Has Arrived: Birla

Rediff.com5 Jun 2026

Kumar Mangalam Birla urged young people to 'build in India, build for India and build for the world'.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com29 Jun 2026

Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.

'I'll have you raided': Lalit Modi's big Tharoor claim

'I'll have you raided': Lalit Modi's big Tharoor claim

Rediff.com4 Jun 2026

Lalit Modi claimed Shashi Tharoor warned him not to question Sunanda Pushkar and threatened government action if he proceeded.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

Over 20 lakh aspirants take NEET re-test in India, abroad amid tight security

Over 20 lakh aspirants take NEET re-test in India, abroad amid tight security

Rediff.com21 Jun 2026

The NEET-UG re-exam was held at centres across the country and overseas on Sunday amid tight security arrangements for the smooth conduct of the examination.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

'How Much Money A Film Has Made, How Much Money It Has Not Made'

'How Much Money A Film Has Made, How Much Money It Has Not Made'

Rediff.com9 Jun 2026

'There is a relationship between the audience and the film, and money should not come in between them.'