News for 'Financial Express'

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rediff.com4 Jun 2026

Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.

Beed Farmer's Suicide Blamed On Quota Delay, Financial Stress

Beed Farmer's Suicide Blamed On Quota Delay, Financial Stress

Rediff.com15 May 2026

A 24-year-old farmer in Beed district allegedly committed suicide due to delays in obtaining a Kunbi caste certificate for quota benefits and financial difficulties. Police are investigating the case.

India's Badminton Future: BAI Seeks Partners For New League

India's Badminton Future: BAI Seeks Partners For New League

Rediff.com15 Jun 2026

The Badminton Association of India (BAI) has invited Expressions of Interest (EOI) from various organisations to conceptualise, develop, and manage a new professional badminton league in India. The initiative aims to create a sustainable league structure focused on commercialisation, fan engagement, and long-term growth of the sport. Interested parties must demonstrate strong financial capability and experience in managing sports leagues, with proposals due by June 30.

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

Rediff.com2 hours ago

Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.

Can SIPs Help You Live Debt-Free?

Can SIPs Help You Live Debt-Free?

Rediff.com6 days ago

A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan

5 dead, 18 injured as temple roof collapses in Maharashtra

5 dead, 18 injured as temple roof collapses in Maharashtra

Rediff.com3 days ago

A slab of a Hanuman temple collapsed in Yashwadi village, Parbhani district, Maharashtra, resulting in the deaths of at least three people and injuries to several others. A rescue operation is underway, and approximately 25 individuals have been rescued so far. The incident occurred on a Saturday, a day when the temple typically sees a large number of devotees.

Takaichi's Assam visit cancelled, Modi to host Japan PM in New Delhi

Takaichi's Assam visit cancelled, Modi to host Japan PM in New Delhi

Rediff.com1 hour ago

The planned India-Japan annual summit, featuring Japanese PM Sanae Takaichi and Indian PM Narendra Modi, has been moved from Guwahati to New Delhi due to logistical issues and Takaichi's tight schedule. The summit, scheduled for July 1-3, aims to boost bilateral ties with discussions on investment, supply chain deals, energy resilience, and strategic oil reserves, accompanied by a delegation of 50 Japanese companies.

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.

UP govt forms SIT to probe Ram Temple donation controversy

UP govt forms SIT to probe Ram Temple donation controversy

Rediff.com13 Jun 2026

The Uttar Pradesh government has formed a three-member Special Investigation Team (SIT) to probe allegations of financial mismanagement and missing donations related to the Shri Ram Janmabhoomi Teerth Kshetra Trust in Ayodhya. The move follows a request from the Trust itself, amidst escalating political demands for transparency from various parties including the Samajwadi Party and Congress.

Property Ownership Hinges On Funding

Property Ownership Hinges On Funding

Rediff.com16 Jun 2026

Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com2 hours ago

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

At least 15 students killed in Lucknow building fire, many trapped

At least 15 students killed in Lucknow building fire, many trapped

Rediff.com1 days ago

A devastating fire ripped through a three-floor commercial building in Lucknow, claiming the lives of at least 12 students and trapping several others. Rescue operations are ongoing, with Prime Minister Narendra Modi announcing ex-gratia for the deceased and injured.

6 Taxpayer Categories Face Scrutiny

6 Taxpayer Categories Face Scrutiny

Rediff.com1 days ago

Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Rediff.com4 days ago

The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.

Don't Blindly Trust Your Form 16

Don't Blindly Trust Your Form 16

Rediff.com5 days ago

Salaried taxpayers should not use these forms blindly to file their income-tax returns.

'Psycho killer' poisons 8 men with borax powder, attends their funeral

'Psycho killer' poisons 8 men with borax powder, attends their funeral

Rediff.com18 hours ago

A 46-year-old shopkeeper, Ram Sahay Jaiswal, has been arrested in Chhattisgarh's Balodabazar district for allegedly poisoning eight men with borax powder over four months, driven by revenge and grudges.

Parliamentary panel flags recurring exam irregularities, seeks reforms

Parliamentary panel flags recurring exam irregularities, seeks reforms

Rediff.com7 days ago

A parliamentary committee has voiced concerns over ongoing examination irregularities despite government measures, recommending the Ministry of Education publish a time-bound roadmap for reforms. The panel also urged a nationwide blacklist of firms involved in exam processes and suggested utilising the National Testing Agency's financial surplus to enhance its capabilities.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com9 Jun 2026

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

Check AIS Before Filing Tax Returns

Check AIS Before Filing Tax Returns

Rediff.com9 Jun 2026

'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com1 days ago

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

Delhi Police Arrest Man For Airport Metro Cable Theft

Delhi Police Arrest Man For Airport Metro Cable Theft

Rediff.com31 May 2026

Delhi Police have arrested a 29-year-old man for allegedly stealing copper cables and damaging security equipment along the Airport Express Metro Line near Buddha Jayanti Park.

Iran peace deal not final, will go back to war if...: Trump

Iran peace deal not final, will go back to war if...: Trump

Rediff.com6 days ago

A US-Iran memorandum of understanding is set to be signed, outlining sanctions relief, the reopening of the Strait of Hormuz, and a 60-day negotiation window for Iran's uranium enrichment, but US President Donald Trump has underscored the deal's conditional nature, warning of military action if Tehran fails to comply.

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

Rediff.com6 days ago

Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."

Iran says US has agreed to release $12 billion frozen assets

Iran says US has agreed to release $12 billion frozen assets

Rediff.com15 Jun 2026

A peace deal between the US and Iran, set to be signed in Geneva, faces significant hurdles over the release of Iran's USD 12 billion in frozen assets, with conflicting reports from both sides on the conditions for their release.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com1 days ago

Algo strategies must be registered with stock exchanges.

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rediff.com5 Jun 2026

Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.

Indian Youth Adopt Work AI Faster Than Global Peers

Indian Youth Adopt Work AI Faster Than Global Peers

Rediff.com21 May 2026

A Deloitte survey reveals that Indian Gen Z and millennial professionals are rapidly adopting AI tools in the workplace, surpassing their global counterparts in usage and confidence, while also facing financial pressures and shifting workplace expectations.

'Money Makes A Huge Difference In A Marriage'

'Money Makes A Huge Difference In A Marriage'

Rediff.com5 days ago

Bengaluru-based Priyanka* reveals how resuming her career and becoming financially independent taught her to feel confident about herself.

'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.'

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Rediff.com28 May 2026

A 40-year-old man was apprehended in Hyderabad for allegedly transporting hawala money from Mumbai, with Rs 1.22 crore in cash seized from his possession.

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Rediff.com27 May 2026

A 40-year-old man was apprehended in Hyderabad for allegedly transporting hawala money from Mumbai, with Rs 1.22 crore in cash seized from his possession.

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.

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

UP: Part of bridge collapses due to storm, 6 labourers killed

UP: Part of bridge collapses due to storm, 6 labourers killed

Rediff.com29 May 2026

Six labourers died and three were injured when part of an under-construction bridge collapsed in Hamirpur, Uttar Pradesh, following a storm. The incident occurred early Friday morning as labourers slept on a slab of the bridge.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

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.com13 Jun 2026

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.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com15 Jun 2026

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

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com6 days ago

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com6 days ago

The case for long-term investment in gold, however, remains intact.

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.