News for 'Financial management'

Jharkhand to Provide Financial Aid to Crime Victims

Jharkhand to Provide Financial Aid to Crime Victims

Rediff.com4 days ago

The Jharkhand government will provide financial assistance to victims of crime or their dependents under the Jharkhand Victim Compensation Scheme, 2016. Minimum compensation amounts have been fixed for various crimes, with applications submitted to the District Legal Services Authority (DLSA).

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Should Investors Consider Money Market Funds?

Should Investors Consider Money Market Funds?

Rediff.com20 hours ago

Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.

How Couples Can Avoid Money Fights

How Couples Can Avoid Money Fights

Rediff.com5 days ago

Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.

How Couples Can Avoid Money Fights

How Couples Can Avoid Money Fights

Rediff.com5 days ago

Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.

Quality Funds: Should You Invest?

Quality Funds: Should You Invest?

Rediff.com7 days ago

'Long-term investors seeking sustainable gains from resilient, fundamentally strong companies may go for these funds.'

IFSCA relaxes norms for fund management bodies in GIFT City

IFSCA relaxes norms for fund management bodies in GIFT City

Rediff.com24 Dec 2025

The International Financial Services Centres Authority (IFSCA) has cleared a series of regulatory relaxations to ease operations for fund managers in GIFT City, along with a revamped framework for global in-house centres (GICs) and capital market intermediaries.

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 days ago

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

Why is only holding stocks in your portfolio a very old strategy?

Why is only holding stocks in your portfolio a very old strategy?

Rediff.com4 days ago

We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com18 hours ago

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

Fino Payments Bank MD Arrested for GST Violation

Fino Payments Bank MD Arrested for GST Violation

Rediff.com3 days ago

Fino Payments Bank's MD and CEO, Rishi Gupta, has been arrested for violating Goods and Services Tax laws, prompting the appointment of Ketan Merchant as the interim head.

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

Rediff.com20 Feb 2026

IMF Managing Director Kristalina Georgieva discusses the potential of artificial intelligence to boost global growth, particularly in India, while also addressing the significant risks of job displacement and financial instability.

Infosys partners with Anthropic for AI solutions

Infosys partners with Anthropic for AI solutions

Rediff.com17 Feb 2026

Infosys on Tuesday announced a strategic collaboration with American artificial intelligence company Anthropic to develop and deploy advanced enterprise AI solutions for companies across telecommunications, financial services, manufacturing, and software development.

Reliance Retail, India's Largest Unlisted Company

Reliance Retail, India's Largest Unlisted Company

Rediff.com5 days ago

Among the fastest-growing companies by revenue were Tata Electronics, which posted a staggering 3,173% CAGR, followed by Tata Passenger Electric Mobility at 904% and JSW One Platforms at 522%.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

SIT to Investigate Illegal Hashish Oil Trade in Odisha

SIT to Investigate Illegal Hashish Oil Trade in Odisha

Rediff.com2 days ago

Odisha Police formed a Special Investigation Team (SIT) to investigate an illegal hashish oil trade operating from an island in Koraput district, following a major drug seizure and multiple arrests.

Pakistan hockey team stranded in Canberra over unpaid hotel bill

Pakistan hockey team stranded in Canberra over unpaid hotel bill

Rediff.com12 Feb 2026

The Pakistan hockey team faced a severe accommodation crisis in Canberra after their hotel bookings were cancelled due to the Pakistan Hockey Federation's failure to pay the bill. Players were left stranded and forced to find alternative solutions.

RBI proposes easing forex transaction norms

RBI proposes easing forex transaction norms

Rediff.com17 Feb 2026

The Reserve Bank on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.

Gains for HUL depend on pace of growth recovery

Gains for HUL depend on pace of growth recovery

Rediff.com22 Feb 2026

Hindustan Unilever Limited's (HUL's) standalone revenue grew 4.4 per cent year-on-year (Y-o-Y), while volume rose 3.5 per cent during the third quarter of financial year 2026 (FY26).

18 killed, 24 injured in Nagpur explosives factory blast

18 killed, 24 injured in Nagpur explosives factory blast

Rediff.com1 days ago

A blast at an explosives manufacturing factory in Nagpur, Maharashtra, resulted in the death of 17 people and injuries to 18 others. Rescue operations are underway.

Pakistan hockey captain slams federation: 'We had to wash dishes'

Pakistan hockey captain slams federation: 'We had to wash dishes'

Rediff.com18 Feb 2026

Pakistan hockey captain Shakeel Ammad Butt has criticized the national federation following a problematic tour of Australia, citing issues with accommodation and team management.

Nepal-bound flight returns to Bengaluru again, passengers protest

Nepal-bound flight returns to Bengaluru again, passengers protest

Rediff.com2 days ago

Passengers traveling from Bengaluru to Kathmandu faced significant disruptions and protested at Kempegowda International Airport after their flight failed to land in Kathmandu on two consecutive days, leading to frustration and accusations of mismanagement by the airline.

Why I Cycled From Kashmir To Kanyakumari

Why I Cycled From Kashmir To Kanyakumari

Rediff.com6 days ago

'That journey across India has changed me forever.'

IPO Listing Gains Hit 7-Year Low

IPO Listing Gains Hit 7-Year Low

Rediff.com22 hours ago

Share of IPOs opening above issue price drops to 64.6%, median gains shrink sharply amid market volatility.

Digital Architecture Key to Climate Transformation

Digital Architecture Key to Climate Transformation

Rediff.com4 days ago

Experts at the Mosambi Climate Conference (MC2) emphasized the importance of incorporating digital architecture into the energy ecosystem for achieving significant climate transformation.

Shirtless protest at AI meet: Youth Cong chief held, rioting charges invoked

Shirtless protest at AI meet: Youth Cong chief held, rioting charges invoked

Rediff.com6 days ago

Indian Youth Congress President Uday Bhanu Chib was arrested after a disruptive shirtless protest at the AI Impact Summit in Delhi, leading to further investigation into potential conspiracy and funding.

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

Sebi Alerts Investors to Fake STT Payment Demands

Sebi Alerts Investors to Fake STT Payment Demands

Rediff.com4 days ago

Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.

What are the Do's and Don'ts while using MTF!

What are the Do's and Don'ts while using MTF!

Rediff.com19 Feb 2026

Margin Trading Facility (MTF) provides an avenue for traders to magnify their potential returns by trading with borrowed money; however, it carries inherent risks. While the lure of increased purchasing power is strong, responsible engagement with MTF requires having a clear understanding of the MTF feature. In this blog, we will explore the key do's and don'ts of those who are considering using MTF.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com3 days ago

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

RBI to roll out risk-based premium model for deposit insurance

RBI to roll out risk-based premium model for deposit insurance

Rediff.com10 Feb 2026

The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium.

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com5 days ago

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com4 days ago

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Homemaker's labour enables earning spouse to function well: HC

Homemaker's labour enables earning spouse to function well: HC

Rediff.com7 days ago

The Delhi High Court has ruled that a homemaker's labor is essential for the earning spouse's success and that disregarding these contributions when determining maintenance is unjust. The court emphasized that a wife's non-employment should not be equated with idleness and that the economic value of her contributions must be recognized.

Empty PG Seats, Missing Doctors

Empty PG Seats, Missing Doctors

Rediff.com7 days ago

'When young doctors see limited protection, unpredictable careers and an absence of institutional support, they hesitate.'

Why Capital Expenditure Needs Monitoring

Why Capital Expenditure Needs Monitoring

Rediff.com7 days ago

After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Rediff.com10 Feb 2026

'People become guided by emotions, fear of missing out, and greed. They tend to invest in booming sectors that may prove exceptionally expensive.' 'Typically, that represents the peak, and subsequently, they lose substantially.'

SC grants bail to filmmaker Vikram Bhatt in cheating case

SC grants bail to filmmaker Vikram Bhatt in cheating case

Rediff.com19 Feb 2026

The Supreme Court has granted bail to filmmaker Vikram Bhatt and regularized the interim bail of his wife in a multi-crore rupees cheating case lodged in Rajasthan, involving allegations of misappropriated funds for a biopic project.

Rajpal Yadav's Wife Thanks Bollywood For The Help

Rajpal Yadav's Wife Thanks Bollywood For The Help

Rediff.com12 Feb 2026

'Everybody has stood by Rajpal Yadav. The industry has been supportive.'