News for 'Financial Times'

Sensex P/E valuations lowest since May '20 amid FPI selloff

Sensex P/E valuations lowest since May '20 amid FPI selloff

Rediff.com6 Apr 2026

The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.

Chelsea fined 10.75 million pounds, given suspended transfer ban, after Premier League rule breaches

Chelsea fined 10.75 million pounds, given suspended transfer ban, after Premier League rule breaches

Rediff.com17 Mar 2026

Chelsea have been fined a record total of 10.75 million pounds ($14.3 million) for historical breaches of the Premier League's regulations, the league said on Monday.

Palghar Man Gets Life for 'Heinous' Sexual Assault on 6-Year-Old

Palghar Man Gets Life for 'Heinous' Sexual Assault on 6-Year-Old

Rediff.com19 Mar 2026

A special POCSO court in Thane sentenced a man to life imprisonment for the sexual assault of a six-year-old girl in Palghar district, Maharashtra, in 2018, deeming the crime 'heinous'.

High Court: 'Talaq' Date Determines Divorce Under Muslim Law

High Court: 'Talaq' Date Determines Divorce Under Muslim Law

Rediff.com2 Apr 2026

The Allahabad High Court has ruled that a divorce under Mohammedan Law is effective from the date 'talaq' is pronounced, with a court decree simply confirming the divorce.

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Rediff.com1 Apr 2026

Passenger vehicle sales in India reached a record high of 4.7 million units in FY26, boosted by strong performances from major automakers and the implementation of GST 2.0.

Tata Steel to gain from India growth, lower global costs

Tata Steel to gain from India growth, lower global costs

Rediff.com28 Mar 2026

Tata Steel is strategically positioned for growth, leveraging India's robust steel demand, significant cost transformation programmes, and favourable protectionist policies in the EU and UK. The company is expanding its India capacity and optimising operations in its European units to enhance profitability and reduce debt.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Rediff.com8 Apr 2026

The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

One-time costs drag TaMo CV net profit; wholesales rise 20%

One-time costs drag TaMo CV net profit; wholesales rise 20%

Rediff.com30 Jan 2026

Tata Motors' commercial-vehicle (CV) business reported a 48 per cent year-on-year decline in net profit to Rs 705 crore in Q3FY26, even as profit before tax (PBT) rose 65 per cent to Rs 2,568 crore.

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

Rediff.com1 Apr 2026

From April 1, 2026, the Reserve Bank of India's new authentication directions modernise how every digital payment you make must be verified -- and place the burden of security squarely on your bank, not on you.

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com19 Mar 2026

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

Missing F-15 crew member rescued, says Trump

Missing F-15 crew member rescued, says Trump

Rediff.com5 Apr 2026

The United States Special Forces have rescued the second F-15 crew member alive, who went missing after Iran downed the jet amid the West Asia conflict, President Donald Trump has confirmed.

Delhi Assembly Security Breach: SUV Driver Sought Attention for Missing Nephew

Delhi Assembly Security Breach: SUV Driver Sought Attention for Missing Nephew

Rediff.com7 Apr 2026

The investigation into the Delhi Assembly security breach reveals the driver's motive was to highlight the disappearance of his nephew.

Lakshmi, Durga And The Quiet Irony of Women's Day

Lakshmi, Durga And The Quiet Irony of Women's Day

Rediff.com9 Mar 2026

Indian civilisation has long imagined wealth and power as feminine forces. And yet, when these qualities appear in real women, admiration sometimes gives way to discomfort, observes Vatsal Ramaiya.

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Rediff.com20 Mar 2026

The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

'No Governance Issue In HDFC Bank'

'No Governance Issue In HDFC Bank'

Rediff.com20 Mar 2026

'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'

'He is in a happy place now': Harish Rana, India's 1st passive euthanasia case, cremated

'He is in a happy place now': Harish Rana, India's 1st passive euthanasia case, cremated

Rediff.com25 Mar 2026

The family of Harish Rana, India's first passive euthanasia patient, bid him farewell at his cremation in Delhi. Rana's death follows a Supreme Court ruling allowing the withdrawal of life support.

Women officers denied permanent commission to get pension: SC

Women officers denied permanent commission to get pension: SC

Rediff.com25 Mar 2026

The Supreme Court has ruled that women Short Service Commission officers in the Army, Navy, and Air Force, who were unfairly denied Permanent Commission, are entitled to full pensionary benefits.

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Tamil Nadu polls: AIADMK promises free fridge to voters

Tamil Nadu polls: AIADMK promises free fridge to voters

Rediff.com25 Mar 2026

AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.

Iran allows 10 Pak-flagged ships through Hormuz Strait as a gift to US: Trump

Iran allows 10 Pak-flagged ships through Hormuz Strait as a gift to US: Trump

Rediff.com27 Mar 2026

Speaking to reporters during a cabinet meeting at the White House on Thursday, Trump said the US had engaged in 'very substantial talks' with Iranian officials and described the tanker movement as proof of seriousness in the discussions.

Navy officer chops lover into pieces, burns parts, keeps remains at home

Navy officer chops lover into pieces, burns parts, keeps remains at home

Rediff.com31 Mar 2026

An Indian Navy officer has been arrested in Visakhapatnam for allegedly murdering and dismembering a 31-year-old woman after meeting her on a dating app.

Manappuram, Muthoot zoom up to 82% in 2025; what's driving gold financiers?

Manappuram, Muthoot zoom up to 82% in 2025; what's driving gold financiers?

Rediff.com25 Dec 2025

Shares of gold finance companies Muthoot Finance and Manappuram Finance hit their respective all-time highs, gaining on the BSE during Wednesday on expectation of healthy earnings. In comparison, the benchmark BSE Sensex was down 0.14 per cent, closing at 85,408.

Key Maoist Leader Surrenders, Marking Progress in Chhattisgarh's Anti-Insurgency Efforts

Key Maoist Leader Surrenders, Marking Progress in Chhattisgarh's Anti-Insurgency Efforts

Rediff.com24 Mar 2026

A senior Maoist commander, Papa Rao, surrendered with his team in Chhattisgarh, signalling a significant blow to Left-Wing Extremism in the region. This event underscores the impact of sustained security pressure and rehabilitation efforts on the Maoist movement.

Govt clears Rs 2.38 lakh cr defence push with fresh S-400 deal, 60 aircraft

Govt clears Rs 2.38 lakh cr defence push with fresh S-400 deal, 60 aircraft

Rediff.com28 Mar 2026

The Indian Defence Ministry has approved the procurement of weapons and military hardware worth Rs 2.38 crore, including S-400 missiles and medium transport aircraft, to bolster the Indian Air Force's capabilities.

India's Supreme Court Addresses the Deep-Rooted Issue of Crimes Against Women

India's Supreme Court Addresses the Deep-Rooted Issue of Crimes Against Women

Rediff.com4 Apr 2026

The Supreme Court of India has expressed concern over the continued prevalence of domestic abuse and crimes against women, highlighting that these issues are symptomatic of a deeper societal problem rooted in patriarchy, despite economic and legal advancements.

Haryana Labour Department Probe Uncovers Massive Work Slip Fraud

Haryana Labour Department Probe Uncovers Massive Work Slip Fraud

Rediff.com3 Apr 2026

Haryana Labour Minister Anil Vij reveals a major scam in the labour department, with nearly 90% of work slips examined found to be fake. An investigation into the Haryana Building and Other Construction Workers Welfare Board reveals potential losses of thousands of crores of rupees.

Rajpal Yadav's sentence suspended in cheque bounce case

Rajpal Yadav's sentence suspended in cheque bounce case

Rediff.com18 Mar 2026

The Delhi High Court has extended the suspension of actor Rajpal Yadav's sentence in cheque bounce cases until April 1, acknowledging his 'substantial' payment towards the outstanding amount.

New Income-Tax Act 2025: What Changes From April 1?

New Income-Tax Act 2025: What Changes From April 1?

Rediff.com31 Mar 2026

A key mistake would be continuing to rely on provisions of the Income-Tax Act, 1961, where the new law now applies, and vice versa.

Paint companies raise prices as crude oil and gas costs surge

Paint companies raise prices as crude oil and gas costs surge

Rediff.com4 Apr 2026

Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

Rediff.com12 Mar 2026

The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.

Humpy Stands by Cyprus Tournament Withdrawal, Cites Safety Concerns

Humpy Stands by Cyprus Tournament Withdrawal, Cites Safety Concerns

Rediff.com23 Mar 2026

Indian chess grandmaster Koneru Humpy defends her decision to withdraw from the Candidates tournament in Cyprus due to safety concerns amid regional tensions, stating that playing peacefully is impossible when surrounded by warships.

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Rediff.com3 Apr 2026

Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Rediff.com20 Mar 2026

Wipro has launched its AI-Data Centre solution, integrating NVIDIA's AI Enterprise platform, to accelerate enterprise-scale AI adoption and modernise data centre environments.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

Elevated Energy Prices May Influence India's FY27 Fiscal Position: Icra

Elevated Energy Prices May Influence India's FY27 Fiscal Position: Icra

Rediff.com27 Mar 2026

Elevated global crude oil and natural gas prices, driven by geopolitical developments in West Asia, could significantly influence the Government of India's fiscal position for 2026-27, according to a report by ratings agency Icra.

Kerala Police Arrest 165 in Major Cyber Fraud Operation

Kerala Police Arrest 165 in Major Cyber Fraud Operation

Rediff.com6 Mar 2026

Kerala Police arrested 165 people and registered 455 cases in a statewide operation targeting cyber financial fraud, confiscating devices and disrupting criminal networks.

Arunachal Pradesh Seeks to Host North East Games in 2026

Arunachal Pradesh Seeks to Host North East Games in 2026

Rediff.com21 Mar 2026

The Arunachal Olympic Association (AOA) has submitted a proposal to the Indian Olympic Association (IOA) to host the 4th North East Games in 2026, aiming to boost sports development in the region.