News for 'Financial Times'

Teacher, mechanic, ex-bank employee among 8 held in Ram Temple theft case

Teacher, mechanic, ex-bank employee among 8 held in Ram Temple theft case

Rediff.com6 Jul 2026

A primary school teacher, a former car mechanic, a retired bank employee and a trusted aide of a senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary -- people from diverse backgrounds are among the eight arrested in connection with the alleged embezzlement of donations at the Ram temple in Ayodhya.

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Rediff.com22 Jun 2026

Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.

Amid fiscal worries, govt puts PSU share sales on fast track

Amid fiscal worries, govt puts PSU share sales on fast track

Rediff.com2 Jul 2026

The Indian government is accelerating its sale of minority stakes in state-owned companies, including a significant offer for sale (OFS) in Life Insurance Corporation of India (LIC) expected "very soon," to meet its 80,000 crore mobilisation target and reduce its holdings to 75 per cent in most listed PSUs by year-end.

Indian-Origin Founders Build Global Space Exchange

Indian-Origin Founders Build Global Space Exchange

Rediff.com3 Jul 2026

Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.

PCB announces significant pay hike for centrally contracted players

PCB announces significant pay hike for centrally contracted players

Rediff.com18 Jun 2026

The Pakistan Cricket Board (PCB) is set to significantly increase match fees and monthly retainers for centrally contracted players, particularly those in the red ball Track A category, for the 2026/27 cycle. The new contracts also introduce format-based categories and substantial bonuses for winning ICC and Asia Cup events.

Quit Before July 21: Mamata Tells Rebels

Quit Before July 21: Mamata Tells Rebels

Rediff.com17 Jul 2026

'Those under pressure from the BJP and the police, or due to court cases, the ED, CBI, CID, local police officers, or the STF, I request that you make your decision before July 21.'

HLPP Vs Term Plan: Which Is Better?

HLPP Vs Term Plan: Which Is Better?

Rediff.com1 Jul 2026

An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.

What is hurting ease of doing business for Indian automakers?

What is hurting ease of doing business for Indian automakers?

Rediff.com13 Jul 2026

Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.

NITI Aayog Index Reveals No State Achieves 'Top Performer' Status in Investment Friendliness

NITI Aayog Index Reveals No State Achieves 'Top Performer' Status in Investment Friendliness

Rediff.com18 Jul 2026

NITI Aayog's inaugural Investment Friendliness Index, scoring 36 states and Union Territories on 84 indicators across eight pillars, revealed that no state or UT reached a score of 60 out of 100, indicating significant room for improvement in attracting investment.

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

Rediff.com20 Jul 2026

The Supreme Court on Monday asked the Uttar Pradesh government to apprise it about the possibility of setting up an SIT to probe the alleged embezzlement of donations at the Ram temple in Ayodhya and cautioned the litigants not to politicise the issue.

Byju Raveendran Faces Singapore Jail Sentence

Byju Raveendran Faces Singapore Jail Sentence

Rediff.com15 Jul 2026

'The order has no practical effect unless and until he chooses to enter Singapore.'

Smallcap Funds Surge; Experts Urge Discipline

Smallcap Funds Surge; Experts Urge Discipline

Rediff.com8 Jul 2026

Smallcap funds give investors access to businesses that can grow much faster than the broader economy.

'Terrorist is a terrorist,' no justification for murderous ideology: India at UN

'Terrorist is a terrorist,' no justification for murderous ideology: India at UN

Rediff.com2 Jul 2026

India's Permanent Representative to the UN, Ambassador Harish Parvathaneni, asserted that 'a terrorist is a terrorist' and called on the international community to collectively root out the 'murderous ideology' without seeking any justification for terrorism.

'India call-up fulfilment of his dream': Yash Thakur's emotional tribute to late father

'India call-up fulfilment of his dream': Yash Thakur's emotional tribute to late father

Rediff.com7 Jul 2026

Vidarbha pacer Yash Thakur, 27, has received his maiden India call-up for the upcoming T20 International tour of Zimbabwe, a dream he shared with his late father.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

Rediff.com24 Jun 2026

Know more about Chin2 Bhosle, grandson of the legendary Asha Bhosle, who defied a conventional career to pursue his passion for music.

NBFC access to term money market may lift volumes by 40-60%

NBFC access to term money market may lift volumes by 40-60%

Rediff.com2 Jul 2026

The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.

Ayodhya trust treasurer 'won't quit', blames SBI employees

Ayodhya trust treasurer 'won't quit', blames SBI employees

Rediff.com14 Jul 2026

Govind Dev Giri Maharaj, treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, acknowledged supervisory lapses at the Ayodhya Ram temple following alleged donation theft, but stated he would not resign as he does not consider himself personally at fault. He estimated the theft could be around Rs 3 crore and criticised SBI for not verifying employee credentials.

'My Parents Want Me To Marry Without Dating'

'My Parents Want Me To Marry Without Dating'

Rediff.com10 Jul 2026

"If you share a healthy relationship with your parents, let them know that while they are searching, you are open to meeting other men," counsels rediffGURU Shalini Singh, founder of andwemet, an online matchmaking service.

SC to decide if typo in arrest memo enough to grant bail to Sonam Raghuvanshi

SC to decide if typo in arrest memo enough to grant bail to Sonam Raghuvanshi

Rediff.com9 Jul 2026

The Supreme Court is considering whether a typographical error in an arrest memo is sufficient grounds to invalidate an arrest and grant bail in a murder case. The case involves Sonam Raghuvanshi, accused of her husband's murder, who was granted bail by the Meghalaya High Court due to a procedural error in her arrest document. The Solicitor General argued that the error was clerical and the gravity of the crime should outweigh such a technicality.

Corporate Earnings, Monsoon to Drive Next Leg of Indian Market Rally: Morgan Stanley

Corporate Earnings, Monsoon to Drive Next Leg of Indian Market Rally: Morgan Stanley

Rediff.com7 Jul 2026

Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.

SC to hear plea on Ram Temple Trust fund embezzlement

SC to hear plea on Ram Temple Trust fund embezzlement

Rediff.com25 Jun 2026

The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.

West Bengal Elections: Time For Singur To Move On

West Bengal Elections: Time For Singur To Move On

Rediff.com28 Apr 2026

Years after the Nano exit, Singur's farmers now seek industry and jobs, as the land remains caught between failed promises and political contest.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

India's Defence Trade Hits Record High

India's Defence Trade Hits Record High

Rediff.com3 Jul 2026

The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.

AIFF hands ISL commercial rights to clubs in historic agreement

AIFF hands ISL commercial rights to clubs in historic agreement

Rediff.com8 Jul 2026

AIFF and ISL clubs have reached a landmark agreement that hands commercial rights to clubs while the federation retains regulatory control, paving the way for a club-led Indian Super League from the 2026-27 season.

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

Rediff.com9 Jul 2026

'Buy on dips, buy on dips and sell on rise.'

Vishy Anand Won't Contest FIDE Deputy President Post

Vishy Anand Won't Contest FIDE Deputy President Post

Rediff.com30 Jun 2026

Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

Rediff.com1 Jul 2026

Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.

England shift India T20Is for massive TV audience

England shift India T20Is for massive TV audience

Rediff.com8 Jun 2026

The England and Wales Cricket Board has moved the start times of the upcoming five T20 Internationals against India an hour earlier to 10:00 pm IST, aiming to maximise television viewership in the subcontinent. This decision, made after consulting broadcasters, highlights English cricket's financial reliance on high-value series featuring India. The tour also includes a sold-out ODI series, with uncertainty surrounding Virat Kohli's participation due to injury.

Honeymoon murder case: Meghalaya moves SC against bail to Sonam

Honeymoon murder case: Meghalaya moves SC against bail to Sonam

Rediff.com2 Jul 2026

The Meghalaya government has approached the Supreme Court to challenge the bail granted to Sonam Raghuvanshi, who is accused of murdering her husband during their honeymoon. The state argues that the High Court erred in its decision, citing a typographical error in the grounds of arrest and the risk of the accused absconding.

MG Motor launches India's first multi-powertrain new energy vehicle platform

MG Motor launches India's first multi-powertrain new energy vehicle platform

Rediff.com17 Jul 2026

JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.

Corporate bond market raises Rs 16,000 crore, momentum to continue

Corporate bond market raises Rs 16,000 crore, momentum to continue

Rediff.com4 Jul 2026

The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.

Who Should Pay On A First Date? It's Complicated, Says Gen Z

Who Should Pay On A First Date? It's Complicated, Says Gen Z

Rediff.com8 Jul 2026

A viral Rs 370 biryani debate has reignited an age-old dating question. Should the man pay, should couples split the bill or does it depend on the situation? We asked Gen Z and dating experts.

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Rediff.com11 Jul 2026

Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Rediff.com15 Jun 2026

Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.

'Dhurandhar Is Not A Ranveer Singh Film'

'Dhurandhar Is Not A Ranveer Singh Film'

Rediff.com2 Apr 2026

The monumental box office success of the Dhurandhar franchise has been attributed to Director Aditya Dhar's creative vision, rather than lead star Ranveer Singh's appeal.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com1 Jul 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.