News for 'Financials'

Commonwealth Games 2026: Asmita Dey's inspiring journey from tragic loss to history

Commonwealth Games 2026: Asmita Dey's inspiring journey from tragic loss to history

Rediff.com31 Jul 2026

Asmita Dey became India's first Commonwealth Games judo gold medallist in the women's 48kg category, dedicating her historic victory to her late father who supported her journey.

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Rediff.com7 Aug 2026

Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.

Delhi jails near 200% capacity as India's prison occupancy crosses 112%

Delhi jails near 200% capacity as India's prison occupancy crosses 112%

Rediff.com5 Aug 2026

India's prisons operated at 112.7 percent occupancy in 2024, with 609 jails housing more inmates than their sanctioned capacity and Delhi recording the highest occupancy rate of 194.6 percent, according to data tabled in the Rajya Sabha on Wednesday.

15 dead as rains pound Kerala, 7 missing

15 dead as rains pound Kerala, 7 missing

Rediff.com3 Aug 2026

Kerala Chief Minister V D Satheesan announced that the death toll from rain-related incidents has reached 15, with seven people still missing. He confirmed that the overall situation is under control, except for a few areas in Pathanamthitta, as the state intensifies rescue and relief operations. The CM detailed the deployment of rescue teams, functioning relief camps, and immediate compensation measures for victims and affected families, while also cautioning against rumours regarding dam water release.

CBI chargesheet reveals how 3 NTA subject experts pulled off NEET leak

CBI chargesheet reveals how 3 NTA subject experts pulled off NEET leak

Rediff.com7 Aug 2026

Three National Testing Agency (NTA) subject experts, P V Kulkarni for chemistry, Manisha Sanjay Havaldar for physics and Manisha Gurunath Mandhare for botany and zoology, were the primary sources of the NEET paper leak, according to the Central Bureau of Investigation's chargesheet.

Jhandu Kumar Wins India's First Medal At Glasgow Commonwealth Games

Jhandu Kumar Wins India's First Medal At Glasgow Commonwealth Games

Rediff.com25 Jul 2026

Jhandu Kumar, an Indian para powerlifter, secured India's first medal at the Commonwealth Games, winning bronze in the men's heavyweight category.

AFC slams FIFA's $20bn World Cup plan as 'unacceptable'

AFC slams FIFA's $20bn World Cup plan as 'unacceptable'

Rediff.com30 Jul 2026

Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.

Arrested JeM operative was tasked with tracking WB CM Adhikari's movements

Arrested JeM operative was tasked with tracking WB CM Adhikari's movements

Rediff.com4 Aug 2026

A suspected Jaish-e-Mohammed operative, Hamim Mondal, was arrested for allegedly reconnoitering West Bengal Chief Minister Suvendu Adhikari's residence in Kolkata. The plot, directed by Pakistan-based handlers, involved tracking the CM's movements and identifying security vulnerabilities, with investigators probing potential links to ISI and a larger conspiracy for sabotage.

Raghav Juyal's Brother Makes A Fascinating Film!

Raghav Juyal's Brother Makes A Fascinating Film!

Rediff.com7 days ago

'Raghav and I complement each other. He talks to me a lot about form and how he approaches his characters. Our paths are different, but we both are very much aligned emotionally.'

The Ajinkya Rahane You Must Know

The Ajinkya Rahane You Must Know

Rediff.com11 Aug 2026

'While his cricketing achievements are obvious, people should remember Ajinkya Rahane, the person. Because he has inspired youngsters in the dressing room by his powerful humane gestures.'

Can A Couple With Different Political Views Have A Healthy Relationship?

Can A Couple With Different Political Views Have A Healthy Relationship?

Rediff.com10 Aug 2026

With political divisions dominating conversations, can couples with opposing views stay together?

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Rediff.com23 Jul 2026

Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.

From domestic abuse to CWG gold: Sharmila Dhankar's rise

From domestic abuse to CWG gold: Sharmila Dhankar's rise

Rediff.com28 Jul 2026

Sharmila Dhankar, a polio-afflicted survivor of domestic abuse, clinched a gold medal in the women's F57 seated shot put at the Commonwealth Games, marking a triumph of resilience and athletic prowess.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

Rediff.com10 Aug 2026

Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Gadkari gets HC nod to sue Meta, X, Google over E20 deepfakes

Gadkari gets HC nod to sue Meta, X, Google over E20 deepfakes

Rediff.com27 Jul 2026

Union Minister Nitin Gadkari has received permission from the Bombay High Court to file a civil suit against Meta Platforms, X Corp, Google LLC, and other unknown entities for allegedly circulating 'defamatory' deepfakes and AI-generated content against him.

It will be better if..: CJP's Dipke on Bhagwat's Gen Z dialogue

It will be better if..: CJP's Dipke on Bhagwat's Gen Z dialogue

Rediff.com4 Aug 2026

Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), emphasised the importance of young or Gen Z voices leading dialogues with youth, ahead of RSS chief Mohan Bhagwat's interaction with students in Mumbai. Dipke highlighted that youth protests, including those against the NEET paper leak, have compelled leaders to engage with Gen Z. He also expressed solidarity with students protesting alleged paper leaks in Jharkhand, criticising the government's handling of the issue.

FIFA President's Position 'Untenable' After World Cup Rights Sale Fails

FIFA President's Position 'Untenable' After World Cup Rights Sale Fails

Rediff.com2 Aug 2026

Gianni Infantino's position as FIFA president is deemed 'untenable' by the head of Europe's professional football leagues following his failed plan to sell a stake in the World Cup's commercial rights, a move that triggered widespread protest and a loss of confidence from regional confederations.

Investing all at once or little by little? The real answer might surprise you!

Investing all at once or little by little? The real answer might surprise you!

Rediff.com23 Jul 2026

The decision depends on factors like your capital on hand, investment timeframe, and comfort level with market fluctuations. In this blog, let us understand how both approaches work.

He sold biscuits, drove a rickshaw, now Jhandu Kumar is a Commonwealth medallist

He sold biscuits, drove a rickshaw, now Jhandu Kumar is a Commonwealth medallist

Rediff.com27 Jul 2026

The parents of Indian para powerlifter Jhandu Kumar celebrated his bronze medal at the Glasgow 2026 Commonwealth Games, saying years of hardship and determination had finally paid off.

'Can't describe our pain': Wayanad survivors recall nightmare 2 yrs later

'Can't describe our pain': Wayanad survivors recall nightmare 2 yrs later

Rediff.com30 Jul 2026

Two years after the devastating Mundakkai-Chooralmala landslides in Wayanad claimed 298 lives, survivors continue to grapple with profound grief and trauma. Despite government rehabilitation efforts providing new homes in Kalpetta, many families face lingering emotional scars and financial hardships, highlighting the long-term impact of the tragedy.

Apologise in 3 days or...: Zuckerberg warned over PM video removal

Apologise in 3 days or...: Zuckerberg warned over PM video removal

Rediff.com5 Aug 2026

An Indian Parliamentary standing committee has demanded an apology from Meta chief Mark Zuckerberg within three days for the temporary removal of Prime Minister Narendra Modi's video from Facebook, threatening to withdraw immunity under the IT Act if he fails to comply. The committee also pushed for government action against Google India regarding financial fraud.

Shakib ready to return to Bangladesh, but sets big condition

Shakib ready to return to Bangladesh, but sets big condition

Rediff.com7 Aug 2026

Bangladeshi cricket legend Shakib Al Hasan, an ally of ousted PM Sheikh Hasina, is willing to return from exile in the US to face charges, including murder, if the government guarantees his safety. He hopes to play a farewell series and represent Bangladesh in the 2027 World Cup, highlighting the challenges faced by Hasina's allies after her government's fall.

SC cancels Sonam Raghuvanshi's bail, asks her to surrender in 3 weeks

SC cancels Sonam Raghuvanshi's bail, asks her to surrender in 3 weeks

Rediff.com23 Jul 2026

The Supreme Court has set aside the bail granted to Sonam Raghuvanshi, accused of murdering her husband Raja Raghuvanshi during their honeymoon in Meghalaya. The court ordered her to surrender within three weeks, allowing for a fresh bail application if the trial does not conclude within six months.

Bail granted to five accused in TCS harassment-conversion case

Bail granted to five accused in TCS harassment-conversion case

Rediff.com2 Aug 2026

A Nashik court has granted bail to five individuals accused in a sexual harassment and forcible conversion case at the local TCS unit. The court cited the completion of the investigation and the filing of the chargesheet, stating there was no serious apprehension of witness tampering. The accused face multiple FIRs related to alleged inappropriate conduct and religious belittling.

Odisha Man Rapes Woman After Luring Her With Job Promise And Financial Deception

Odisha Man Rapes Woman After Luring Her With Job Promise And Financial Deception

Rediff.com8 Jun 2026

A 36-year-old man was arrested in Odisha for allegedly raping a 23-year-old woman. The accused lured the survivor with a job promise, took money from her, and then manipulated her with a fake police call before raping her in a hotel. The woman reported the incident, leading to his arrest.

Meet Prashant Kishor's Wife, Jahnavi Das

Meet Prashant Kishor's Wife, Jahnavi Das

Rediff.com4 Aug 2026

Prashant Kishor and Dr Jahnavi Das first met while working on a United Nations public health initiative.

India Dominates FIDE Awards Shortlist

India Dominates FIDE Awards Shortlist

Rediff.com21 Jul 2026

From supporting young talents financially to earning global recognition, Indian chess is making its presence felt like never before.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

Before Buying A Gadget On EMI, Read This

Before Buying A Gadget On EMI, Read This

Rediff.com5 Aug 2026

Don't judge an expensive gadget only by its EMI cost; also consider how many years it will remain useful after you've finished paying for it.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

Rediff.com31 Jul 2026

India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Rediff.com2 Aug 2026

Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Rediff.com31 Jul 2026

Hyundai Motor India Ltd reported a 35 per cent decline in consolidated profit after tax to Rs 888.62 crore in the first quarter ended June 30, impacted by lower revenue and higher expenses, with MD & CEO Tarun Garg noting it was a "challenging quarter".

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Rediff.com5 Aug 2026

The heavy rains that have battered Kerala since August 1 have claimed 25 lives, left four people missing, injured 10 and damaged hundreds of properties, forcing thousands to seek shelter in relief camps, the state government said on Tuesday.

Financial chaos in PSL? PCB faces big crisis

Financial chaos in PSL? PCB faces big crisis

Rediff.com6 May 2026

The Pakistan Cricket Board has initiated a strong campaign to recover billions in dues from defaulting franchises, broadcast, and business partners to improve its financial standing.

UEFA nations to boycott World Cup over FIFA stake sale plans

UEFA nations to boycott World Cup over FIFA stake sale plans

Rediff.com30 Jul 2026

UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com22 Jul 2026

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.