News for 'Financials'

Are Your Investments Worth The Effort?

Are Your Investments Worth The Effort?

Rediff.com7 days ago

Many investors are working hard as their own fund managers, unaware whether their efforts have actually rewarded them for the job.

SC quashes criminal cases against Samay Raina, 4 other comedians for disability remarks

SC quashes criminal cases against Samay Raina, 4 other comedians for disability remarks

Rediff.com4 days ago

The Supreme Court of India has quashed criminal proceedings against comedian Samay Raina and four others who faced charges for remarks about people with disabilities. The court lauded their subsequent efforts in organising events and raising awareness for specially-abled persons and those with rare diseases like Spinal Muscular Atrophy (SMA).

ODI cricket's future hinges on this major ICC plan

ODI cricket's future hinges on this major ICC plan

Rediff.com6 days ago

The era of 'randomly' scheduling bilateral series is over, but the ODI format can continue to survive and thrive with its place 'inextricably' linked to the World Cup, said ICC CEO Sanjog Gupta in an interview to PTI.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com6 days ago

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

NEET-UG paper leak chargesheet cites accused's gate control app, digital trail

NEET-UG paper leak chargesheet cites accused's gate control app, digital trail

Rediff.com7 Aug 2026

The CBI has filed a charge sheet in the NEET-UG 2026 paper leak case, relying heavily on digital forensic evidence including an access control app and call data records. The investigation revealed that three NTA subject experts allegedly exploited procedural gaps to leak confidential questions for money, involving a beautician and a coaching centre owner in the distribution of the leaked material to aspirants.

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Rediff.com6 days ago

Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.

Only 9 Women CEOs, 25 Women MDs in Top 500

Only 9 Women CEOs, 25 Women MDs in Top 500

Rediff.com5 days ago

The top 500 listed companies had 860 women directors or board members overall.

Hyderabad police warn women against 'rent a boyfriend' dating scam

Hyderabad police warn women against 'rent a boyfriend' dating scam

Rediff.com10 Aug 2026

The Hyderabad City Police are actively cautioning young women against the emerging "rent boyfriend" cyber scam, a deceptive online trap designed to defraud and blackmail victims through fake companionship offers.

Wife, lover murder Delhi man using sedation, strangulation, electric shocks

Wife, lover murder Delhi man using sedation, strangulation, electric shocks

Rediff.com6 days ago

A 55-year-old man in Delhi was allegedly sedated, strangled, and given electric shocks by his wife, her lover, and an associate. The wife, Manju alias Nazia, reportedly conspired with her 20-year-old lover, Chaman, promising him Rs 5 lakh for the murder. Police uncovered the plot after Nazia initially tried to mislead investigators, claiming a burglary, but CCTV footage and other evidence led to her confession and the arrest of all three suspects.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

RBI keeps key interest rate same amid inflation, global risks

RBI keeps key interest rate same amid inflation, global risks

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.

Coal India, ArcelorMittal Nippon Steel Ink MoU For Odisha Gasification Plant

Coal India, ArcelorMittal Nippon Steel Ink MoU For Odisha Gasification Plant

Rediff.com6 days ago

State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

Rediff.com6 Aug 2026

All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Rediff.com4 Aug 2026

Construction of the approved reactor projects is expected to take five to six years after receiving financial approval.

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com6 days ago

The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.

Karnataka Launches Tathyakosh.in To Centralise India's Public Data

Karnataka Launches Tathyakosh.in To Centralise India's Public Data

Rediff.com6 days ago

The ACSEL Technology Forum, a Karnataka government Centre of Excellence in AI, has launched Tathyakosh.in, a digital public good designed to make India's extensive public data more accessible. This platform consolidates over 1.5 million datasets from 458 sources, addressing the challenge of fragmented data discovery across various government and research portals. It aims to benefit researchers, startups, and technology teams in sectors like healthcare, agriculture, and financial inclusion by providing a structured and discoverable data infrastructure.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

How China Shielded Itself From Oil Shock

How China Shielded Itself From Oil Shock

Rediff.com1 days ago

China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

Rediff.com6 Aug 2026

All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.

HC orders takedown of 'vile, obscene' deepfakes against Gadkari

HC orders takedown of 'vile, obscene' deepfakes against Gadkari

Rediff.com5 Aug 2026

The Bombay High Court has ordered major social media platforms, including Meta, X Corp, and Google LLC, to immediately remove 'vile, abusive, obscene, and defamatory' deepfakes and AI-generated content targeting Union Minister Nitin Gadkari, emphasising the urgent need for online platforms to curb malicious digital content.

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rediff.com4 Jun 2026

Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.

India Named in US China Transshipment Network

India Named in US China Transshipment Network

Rediff.com3 days ago

'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

Rediff.com28 Jul 2026

Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com31 Jul 2026

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

Siddhivinayak donation row: Fadnavis orders probe

Siddhivinayak donation row: Fadnavis orders probe

Rediff.com8 Aug 2026

Maharashtra Chief Minister Devendra Fadnavis has ordered a comprehensive probe into alleged donation irregularities at Mumbai's famous Siddhivinayak Temple. The directive follows allegations by MNS chief Raj Thackeray of Rs 18 crore being siphoned off annually, leading to the arrest of nine employees and a demand for independent inquiries. The probe will examine the temple's records from the last five years.

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com6 days ago

The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

ICTS Professor Deepak Dhar Honoured With 2026 Dirac Medal

ICTS Professor Deepak Dhar Honoured With 2026 Dirac Medal

Rediff.com10 Aug 2026

Professor Deepak Dhar of the International Centre for Theoretical Sciences (ICTS) has been awarded the prestigious 2026 Dirac Medal for his significant contributions to statistical mechanics and complex systems. He shares the honour with three other scientists for their pioneering work extending statistical mechanics into diverse fields like AI and theoretical neuroscience.

Govt may proceed with Justice Varma's impeachment in Winter Session

Govt may proceed with Justice Varma's impeachment in Winter Session

Rediff.com5 days ago

The Centre is reportedly considering moving forward with the impeachment process against Justice Yashwant Varma in the upcoming Winter session of Parliament, despite his resignation. A Lok Sabha Speaker-constituted panel has found him guilty of possessing unaccounted cash and disturbing evidence.

Olympic Gold Medallist Arshad Nadeem Explains Glasgow Performance

Olympic Gold Medallist Arshad Nadeem Explains Glasgow Performance

Rediff.com6 Aug 2026

Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem has responded to social media criticism following his disappointing ninth-place finish at the recent Commonwealth Games in Glasgow. Nadeem attributed his poor performance to the extremely cold weather, which stiffened his muscles and hindered his throws. He emphasised his commitment to his country and his grounded nature, expressing confidence in his ability to return to winning form at the upcoming Athletissima event.

Mahima Makwana: 'My Life Depends On This. I Don't Have Another Option'

Mahima Makwana: 'My Life Depends On This. I Don't Have Another Option'

Rediff.com11 hours ago

'There are days where I feel things are not going my way. I feel helpless, dejected and rejected.' 'But then what do you do? You wake up, dust it off and go.'

From Track Injury to Asian Games: Kamaljeet's Inspiring Shooting Journey

From Track Injury to Asian Games: Kamaljeet's Inspiring Shooting Journey

Rediff.com8 Aug 2026

Rewari's Kamaljeet, a 22-year-old pistol shooter, is set to represent India at the 20th Asian Games in Aichi-Nagoya, Japan, after an injury ended his athletics dream and he transitioned to shooting in 2019, overcoming financial struggles with strong family and institutional support.

Trump adopts 'low-key' approach towards Iran, no new strikes planned

Trump adopts 'low-key' approach towards Iran, no new strikes planned

Rediff.com10 Aug 2026

US President Donald Trump stated that the United States is taking a "low-key" approach towards Iran, focusing on economic pressure rather than military action, amidst ongoing tensions over the Strait of Hormuz. Trump highlighted Iran's worsening economic situation and the impact of the US naval blockade, while negotiations for reopening the Strait remain stalled due to new conditions from Tehran.

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Rediff.com30 Jul 2026

Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Rediff.com21 May 2026

A restaurateur in Ranchi, identified as Abhimanyu Bhatia, allegedly died by suicide due to financial strains. Police are investigating the circumstances surrounding his death after he consumed poison at his restaurant.

Indian-origin CFO gets jail term for bribing surgeons in US

Indian-origin CFO gets jail term for bribing surgeons in US

Rediff.com7 days ago

An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.

Earning spouses must share household expenses, says HC

Earning spouses must share household expenses, says HC

Rediff.com28 Jul 2026

The Bombay High Court has ruled that both earning partners must contribute to household and child's education expenses to maintain a lifestyle, reducing a man's monthly maintenance payment to his estranged wife and son. The court emphasised that equality cannot be claimed selectively, especially when both parties are earning.

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com4 days ago

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com5 days ago

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.