News for 'Financial Times'

Pakistan Offers To Mediate Between Iran, US: Financial Times

Pakistan Offers To Mediate Between Iran, US: Financial Times

Rediff.com23 Mar 2026

'Pakistan has pitched Islamabad as a possible venue for talks as early as this week involving senior figures from the Trump administration and Iran,' the Financial Times reported.

Daren Sammy makes emotional appeal for financial support for West Indies cricket

Daren Sammy makes emotional appeal for financial support for West Indies cricket

Rediff.com7 hours ago

West Indies head coach Daren Sammy has made an emotional appeal for financial support for Caribbean cricket, hoping that a competitive series against India will attract sponsors and alleviate the financial struggles faced by the team under the current ICC revenue-sharing model.

Sports Ministry Unveils Enhanced Financial Aid For NSFs

Sports Ministry Unveils Enhanced Financial Aid For NSFs

Rediff.com2 days ago

The Sports Ministry has revised its Scheme of Assistance to National Sports Federations (ANSF), significantly increasing financial support for organising international events in India, with up to Rs 50 crore available. The new guidelines also maintain funding for National Championships, introduce assistance for National Games, and outline plans for Olympic Training Centres, aligning with India's 2036 Olympic bid and 2030 Commonwealth Games aspirations.

Man City face Anfield fury after financial verdict

Man City face Anfield fury after financial verdict

Rediff.com6 Oct 2026

Manchester City are set to face a hostile reception at Anfield against Liverpool following their recent conviction for serious breaches of the Premier League's financial rules. The long-standing rivalry is expected to intensify, with former players predicting a "brutal day" for City amidst fan anger and potential protests.

Dating For The First Time? Think About This First

Dating For The First Time? Think About This First

Rediff.com3 days ago

'One of the biggest mistakes first-time daters make is spending too much time texting before meeting in person,' says Shalini Singh, founder of andwemet, an invite-only WhatsApp matchmaking community for Indian singles.

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Rediff.com9 Sep 2026

RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.

Jemima Goldsmith Ties The Knot With Financier Cameron O'Reilly

Jemima Goldsmith Ties The Knot With Financier Cameron O'Reilly

Rediff.com14 Sep 2026

Jemima Goldsmith, filmmaker and former wife of Pakistan's ex-prime minister Imran Khan, has married multi-millionaire financier Cameron O'Reilly. The news was confirmed by her family, with the couple reportedly exchanging vows over the weekend. Goldsmith continues to advocate for her sons and ex-husband amidst his incarceration.

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com25 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

Rediff.com22 Sep 2026

Institutional portion subscribed 12.68 times; retail crosses quota.

PhonePe Launches UPI 123Pay For Feature Phones, Boosting Financial Inclusion

PhonePe Launches UPI 123Pay For Feature Phones, Boosting Financial Inclusion

Rediff.com31 Aug 2026

Fintech giant PhonePe has launched 'PhonePe UPI 123Pay', a new service enabling UPI transactions for feature phone users without requiring an internet connection. This initiative aims to bring digital payment capabilities to over 200 million feature phone users, promoting financial inclusion across India.

One India, one time: IST to become sole official time standard

One India, one time: IST to become sole official time standard

Rediff.com30 Aug 2026

The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com19 Aug 2026

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

SIT finds currency was removed 105 times from Ram temple counting room

SIT finds currency was removed 105 times from Ram temple counting room

Rediff.com22 Sep 2026

The Supreme Court has noted that the Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya identified 105 instances of unauthorised currency removal from the counting room. While no discrepancies were found in valuable articles like silver bricks, eight accused have been identified, and a chargesheet is expected soon. The investigation involved examining CCTV footage, financial records, and witness statements.

West Indies CEO Blames 1997 ICC Decision for Cricket's Decline

West Indies CEO Blames 1997 ICC Decision for Cricket's Decline

Rediff.com2 days ago

Cricket West Indies (CWI) CEO Chris Dehring has vehemently criticised the existing revenue model for bilateral cricket series, highlighting that the West Indies receive no financial benefit from their lucrative ongoing white-ball engagement with India.

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Rediff.com29 Sep 2026

Anthropic has formally warned investors that its technology may pose "existential risks to humanity" in a long-awaited initial public offering prospectus circulated with a small group of partners in recent days.

Nine Navratri Life Insurance Lessons

Nine Navratri Life Insurance Lessons

Rediff.com4 days ago

Here are nine lessons, one for each night of the Navratri festival, that can help any household think about protection clearly.

Maresca staunchly defends Man City's achievements, dismisses 'tainted' claims

Maresca staunchly defends Man City's achievements, dismisses 'tainted' claims

Rediff.com9 Oct 2026

Enzo Maresca, Manchester City's manager, has emphatically defended the club's achievements, rejecting any suggestion their titles were tainted by financial-rule breaches and stating the ongoing investigation would not have deterred him from taking the job.

UK PM Andy Burnham Faces Questions Over Support for Manchester City

UK PM Andy Burnham Faces Questions Over Support for Manchester City

Rediff.com6 days ago

British Prime Minister Andy Burnham's past meetings with Manchester City chairman Khaldoon Al Mubarak have come under scrutiny following criticism of Burnham's initial response to the club's financial rule breaches.

'CHEATS' chants, 114 balloons: Man City face Anfield fury

'CHEATS' chants, 114 balloons: Man City face Anfield fury

Rediff.com7 days ago

Liverpool fans staged a vocal protest against Manchester City at Anfield following the verdict of 114 breaches of Premier League financial rules. Supporters displayed banners, chanted, and booed, while police were on alert for potential bus targeting, though City's team took an alternate route.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com3 days ago

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

85% of Maha declared drought-hit; farmers to get Rs 5,000 aid

85% of Maha declared drought-hit; farmers to get Rs 5,000 aid

Rediff.com4 days ago

Maharashtra is grappling with an escalating drought crisis, with 305 talukas now declared drought-hit, prompting the state government to announce Rs 5,000 in financial aid for farmers before Diwali and extend comprehensive relief measures.

Jio Platforms IPO: What it means for Reliance's debt-free ambition and shareholder value

Jio Platforms IPO: What it means for Reliance's debt-free ambition and shareholder value

Rediff.com2 days ago

Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is launching its initial public offering (IPO) with a price band of 1,065-1,119 a share, aiming to make RIL a net-debt-free company and create long-term shareholder value.

RBI Brings Bank Deposits Into CAS

RBI Brings Bank Deposits Into CAS

Rediff.com8 Oct 2026

'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'

Insufficient Evidence Leads To Acquittal In Bahraich Poisoning Death

Insufficient Evidence Leads To Acquittal In Bahraich Poisoning Death

Rediff.com1 days ago

A local court in Bahraich has acquitted Ankita Jaiswal and Dilip Kumar Patel in a 2021 poisoning case that led to the death of a two-year-old and illness of four others. The court found circumstantial evidence insufficient. Ankita had been jailed since August 2021 and received free legal aid.

Which Indian City Had More Than 1 Lakh People In The 1700s?

Which Indian City Had More Than 1 Lakh People In The 1700s?

Rediff.com3 Oct 2026

An urban map of the largest cities in the world, by population, in the early 1700s looked almost empty by today's standards.

Hockey India League Revival: Ministry Forms Seven-Member Committee

Hockey India League Revival: Ministry Forms Seven-Member Committee

Rediff.com7 Oct 2026

The Sports Ministry has established a seven-member committee, including representatives from Hockey India, HIL franchises, and the ministry, to address the crisis and work towards the revival of the Hockey India League. This follows a September meeting where Sports Minister Mansukh Mandaviya discussed concerns with stakeholders, aiming to resolve issues related to governance, finance, and structure.

Man City 'More United' After Premier League Charges, Arsenal's Zubimendi Set for Return

Man City 'More United' After Premier League Charges, Arsenal's Zubimendi Set for Return

Rediff.com1 days ago

Manchester City's head coach Enzo Maresca stated that the club's players and supporters have grown closer following the Premier League's financial rule breach charges, while Arsenal boss Mikel Arteta provided an update on player injuries, with Martin Zubimendi potentially returning and Piero Hincapie still sidelined.

Photos: Prime Minister Narendra Modi celebrates India's Asian Games heroes

Photos: Prime Minister Narendra Modi celebrates India's Asian Games heroes

Rediff.com3 days ago

Prime Minister Narendra Modi met India's Asian Games medal-winners, including the gold-winning cricket teams, on Thursday. He praised their achievements, highlighting India's growing strength in sports and its ambition to become a credible host for major international events, including a bid for the 2036 Olympics. Modi also emphasised the government's support for athletes and urged medallists to mentor the next generation.

14 killed as truck runs over devotees near MP temple

14 killed as truck runs over devotees near MP temple

Rediff.com8 hours ago

At least 14 persons were killed and several others injured after an out-of-control truck ran over devotees gathered near the Sheetla Mata Temple in Madhya Pradesh's Gwalior late on Saturday night, breaking through a police checkpoint and damaging the temple's gate and outer wall.

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

Rediff.com6 days ago

A special PMLA court in Mumbai has allowed the monetisation of attached assets worth over Rs 3,400 crore in the National Spot Exchange Limited (NSEL)-linked payment default case. This decision paves the way for the restitution of funds to thousands of investors who have been awaiting recovery for 13 years since the 2013 payment default.

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

Rediff.com6 days ago

A special PMLA court in Mumbai has allowed the monetisation of attached assets worth over Rs 3,400 crore in the National Spot Exchange Limited (NSEL)-linked money laundering case. This decision paves the way for the restitution of funds to thousands of investors who have been awaiting recovery for 13 years since the 2013 payment default. Up to Rs 1,950 crore from the monetisation will be paid to 63 Moons Technologies Ltd for specified creditors.

'Manchester City should be punished severely'

'Manchester City should be punished severely'

Rediff.com5 Oct 2026

Canada coach Jesse Marsch has called for Manchester City to be severely punished, including relegation, over breaches of Premier League financial rules, citing inconsistencies he observed during his time managing in England.

India Builds Resilience Against Future Global Shocks

India Builds Resilience Against Future Global Shocks

Rediff.com4 days ago

Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.

Should My Friend Pay His Girlfriend's Bills?

Should My Friend Pay His Girlfriend's Bills?

Rediff.com6 days ago

There should be an open discussion about finances in a relationship, suggests rediffGURU Ravi Mittal, a dating coach and CEO of online dating website Quack Quack and Rebounce, a matrimony platform.

Kerala Assembly Passes Motion Against UPI MDR

Kerala Assembly Passes Motion Against UPI MDR

Rediff.com3 days ago

The Kerala Legislative Assembly has passed a motion urging the central government to completely withdraw the proposed Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Chief Minister V D Satheesan and CPI MLA K Rajan highlighted concerns that the MDR would increase business costs, harm small businesses, and reduce the appeal of digital payments, while the BJP argued it would not affect general public or small merchants.

Champions League: PSG down Man City, Real Madrid edge past Roma

Champions League: PSG down Man City, Real Madrid edge past Roma

Rediff.com3 days ago

Paris St Germain defeated Manchester City 4-2 in a thrilling Champions League encounter, with a dominant first-half performance. The match took place amidst scrutiny over City's financial breaches. Erling Haaland set a new record as the fastest player to reach 60 Champions League goals. Other notable results included Liverpool's 6-3 win over LASK, Aston Villa's 6-0 victory against Fenerbahce, and Real Madrid's dramatic 4-3 comeback against AS Roma.

SC refers Rajpal Yadav's bounced cheque dispute to mediation

SC refers Rajpal Yadav's bounced cheque dispute to mediation

Rediff.com3 days ago

The Supreme Court has referred actor Rajpal Yadav's long-running cheque-dishonour dispute to mediation after he deposited Rs 2 crore with the court's registry. The court also directed the trial court to release his passport for professional commitments abroad. The dispute stems from a 2010 financial agreement for his directorial debut, leading to multiple cheque-bounce cases and a three-month imprisonment sentence upheld by the Delhi High Court.

Why has the Boxing Federation suspended its secretary?

Why has the Boxing Federation suspended its secretary?

Rediff.com4 days ago

Boxing Federation of India president Ajay Singh has suspended secretary general Pramod Kumar with immediate effect. The suspension is pending an inquiry into alleged financial irregularities, non-cooperation with investigations, and misuse of authority. Allegations include unauthorised work orders for broadcasting and failure to cooperate with inquiries into championship cancellations.

Online Shopping Scams: How To Stay Safe

Online Shopping Scams: How To Stay Safe

Rediff.com4 days ago

Fake web sites, counterfeit goods, bogus delivery charges and fraudulent customer support agents are common warning signs.