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News for 'Financial Times'

RBI Reassures on HDFC Bank's Financial Health Following Chairman's Exit

RBI Reassures on HDFC Bank's Financial Health Following Chairman's Exit

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.

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'.

How Haryana's Auto-Mutation System Is Revolutionising Land Records

How Haryana's Auto-Mutation System Is Revolutionising Land Records

Rediff.com9 Jun 2026

Haryana has significantly reformed its land records administration, reducing pending mutation cases by over 90% and implementing an auto-mutation system. This digitisation effort aims to make land management faster, more transparent, and technology-driven, improving efficiency and public trust.

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.

'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.

Interpol Warns of Soaring Financial Fraud Fueled by AI

Interpol Warns of Soaring Financial Fraud Fueled by AI

Rediff.com16 Mar 2026

Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.

Dev Seeks Assurance On Ghatal Master Plan From West Bengal CM

Dev Seeks Assurance On Ghatal Master Plan From West Bengal CM

Rediff.com9 Jun 2026

Trinamool Congress MP Deepak Adhikari, also known as Dev, has urged West Bengal Chief Minister Suvendu Adhikari to expedite the long-pending Ghatal Master Plan, a crucial flood-management project for his constituency. Dev received assurances that the project, aimed at mitigating annual floods in the low-lying Ghatal area, would be taken forward, with hopes for budget allocation by the BJP government.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

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.

Khalistan Bomb Threats Rock Mumbai: CMO, Mayor's Office Targeted

Khalistan Bomb Threats Rock Mumbai: CMO, Mayor's Office Targeted

Rediff.com10 Jun 2026

The Brihanmumbai Municipal Corporation (BMC) in Mumbai received emails allegedly from the "Khalistan National Army" warning of bomb blasts at multiple locations, including the Chief Minister's Office, Mayor's office, and the BSE building. Police have launched an investigation and stepped up security, while Mayor Ritu Tawde has vowed not to be intimidated.

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

Rediff.com5 days ago

A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.

'Baseless': Iran dismisses Trump's claim on attacking Indian ships

'Baseless': Iran dismisses Trump's claim on attacking Indian ships

Rediff.com13 Jun 2026

Iran has dismissed US President Donald Trump's assertion that Iran was responsible for a drone attack on Indian ships in the Strait of Hormuz as 'simply baseless'. The Iranian embassy stated that Trump's comments were an attempt to deflect attention from recent US military strikes on merchant vessels in the Gulf of Oman, which resulted in the deaths of three Indian mariners.

Bank Frauds Drop, Losses Soar

Bank Frauds Drop, Losses Soar

Rediff.com2 Jun 2026

The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.

Govt Clears Cancer Drug Price Hike

Govt Clears Cancer Drug Price Hike

Rediff.com11 Jun 2026

'While higher prices may create some financial burden for patients and caregivers in the short term, uninterrupted access to treatment remains the greater priority.'

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.

'MPs offered Rs 50cr': Raut's big claim amid Sena-UBT split buzz

'MPs offered Rs 50cr': Raut's big claim amid Sena-UBT split buzz

Rediff.com4 days ago

Shiv Sena (UBT) leader Sanjay Raut has alleged that some Maharashtra MPs are being offered 'Rs 50 crore' to switch sides, amid intense speculation of an imminent split within the Uddhav Thackeray-led party. Raut challenged any dissidents to resign their parliamentary seats before defecting.

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.

Vikram Bhatt: 'The Spirits Left Me To Rot In Jail Alone'

Vikram Bhatt: 'The Spirits Left Me To Rot In Jail Alone'

Rediff.com4 days ago

'Horror keeps me safe. When I tried to do something else and abandoned the spirits, I landed up in prison.'

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Chairman Exit Exposes HDFC Bank Power Clash: FT

Chairman Exit Exposes HDFC Bank Power Clash: FT

Rediff.com27 Mar 2026

The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.

How Delhi Police Uncovered A Major Cyber Fraud Network

How Delhi Police Uncovered A Major Cyber Fraud Network

Rediff.com6 Jun 2026

Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.

Delhi HC quashes cases against NewsClick, editor Prabir Purkayastha

Delhi HC quashes cases against NewsClick, editor Prabir Purkayastha

Rediff.com10 Jun 2026

The Delhi High Court has quashed cases registered by the Delhi Police and the Enforcement Directorate against news portal NewsClick and its editor-in-chief Prabir Purkayastha, citing that the continuation of the FIR was 'a gross abuse of the process of law' and the investment was an economic decision that 'did not spell out any criminal offence'.

Supreme Court Urges Strict Enforcement Of PCPNDT Act To Combat Sex Selection

Supreme Court Urges Strict Enforcement Of PCPNDT Act To Combat Sex Selection

Rediff.com11 Jun 2026

The Supreme Court has called for strict enforcement of the Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) Act to counter the deep-seated patriarchal preference for male children and prevalent sex-selection practices. The court highlighted declining child sex ratios and the continued need for efforts despite government welfare schemes, stressing that true equality is yet to be achieved. The observations were made while dismissing a doctor's appeal in a PCPNDT Act violation case.

BCCI eyes 94-match IPL, refuses to intervene in foreign player availability disputes

BCCI eyes 94-match IPL, refuses to intervene in foreign player availability disputes

Rediff.com7 days ago

The BCCI has no plans to act as a bridge between overseas players and their respective teams over their availability for the IPL despite concerns being raised by franchises in the recently concluded edition.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

SRK Didn't Like Cricket': Lalit Modi Reveals How Shah Rukh Bought KKR

SRK Didn't Like Cricket': Lalit Modi Reveals How Shah Rukh Bought KKR

Rediff.com3 Jun 2026

Lalit Modi reveals how a hesitant Shah Rukh Khan was persuaded to buy Kolkata Knight Riders in 2008, helping create one of the IPL's most iconic franchises.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Rediff.com3 days ago

Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.

Spot a Suspicious Credit Card Transaction?

Spot a Suspicious Credit Card Transaction?

Rediff.com10 Jun 2026

The first thing cardholders should do after spotting a suspicious charge is block the card.

Lagaan to Laapataa Ladies: Aamir Khan's 10 Best Productions

Lagaan to Laapataa Ladies: Aamir Khan's 10 Best Productions

Rediff.com4 days ago

As Aamir Khan Productions celebrates 25 years, we rank the 10 best films produced by its star, from the iconic Lagaan to the recent critically-acclaimed Laapataa Ladies.

Agrawal Family Cremated After Tragic Malviya Nagar Fire

Agrawal Family Cremated After Tragic Malviya Nagar Fire

Rediff.com4 Jun 2026

Five members of the Agrawal family, including a chartered accountant, his wife, their two daughters, and his mother, were cremated in Gurugram after perishing in a devastating fire at a Malviya Nagar B&B. The family was in Delhi for the father's medical treatment, and the tragedy also claimed the lives of other relatives, leaving the community in profound grief.

Zee To Broadcast 2026 Football World Cup In India

Zee To Broadcast 2026 Football World Cup In India

Rediff.com1 Jun 2026

Zee Entertainment said on Monday it had secured the rights to broadcast the 2026 FIFA World Cup and 38 other FIFA events through 2034.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

Police to quiz former TMC minister Aroop Biswas in Messi event chaos

Police to quiz former TMC minister Aroop Biswas in Messi event chaos

Rediff.com7 Jun 2026

Former West Bengal sports minister Aroop Biswas has been summoned by police in connection with a case related to chaos at a Lionel Messi event at Salt Lake Stadium last year. The summons follows an FIR lodged by event organiser Shatadru Dutta, accusing Biswas of black-marketing tickets, extortion, and cheating.

Mamata's 'Girgiti' poem targets TMC rebels amid growing dissent

Mamata's 'Girgiti' poem targets TMC rebels amid growing dissent

Rediff.com29 May 2026

West Bengal Chief Minister Mamata Banerjee has penned a new poem titled 'Girgiti' (Chameleon), which political observers believe carries a veiled message for leaders who have recently turned critical of the Trinamool Congress.

RBI Targets Mule Accounts With AI

RBI Targets Mule Accounts With AI

Rediff.com5 Jun 2026

While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Rediff.com29 May 2026

West Bengal Chief Minister Suvendu Adhikari announced the state government will move the Supreme Court to vacate the stay on a CBI probe into the alleged Gorkhaland Territorial Administration teacher recruitment scam. The decision follows complaints of corruption and illegal teacher recruitment within the GTA.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

Delhi CM vows action against illegal buildings after Saket tragedy

Delhi CM vows action against illegal buildings after Saket tragedy

Rediff.com31 May 2026

Following a building collapse in Delhi's Saket area that resulted in six fatalities, Chief Minister Rekha Gupta has pledged stringent measures against unauthorised constructions and the officials responsible. She has ordered surveys of unsafe buildings and assured support for the affected families.

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