News for 'Financials'

Government interference costs Sri Lanka Women's Champions Trophy hosting

Government interference costs Sri Lanka Women's Champions Trophy hosting

Rediff.com30 Aug 2026

The International Cricket Council (ICC) has withdrawn Sri Lanka's hosting rights for the inaugural Women's Champions Trophy in 2027, citing government interference in Sri Lanka Cricket's administration. This decision, stemming from the presence of a government-appointed Transformation Committee, could also jeopardise the Sri Lankan women's team's participation and will have financial implications for the board.

Sri Lanka Cricket pushes for more Test matches against India, England, Australia

Sri Lanka Cricket pushes for more Test matches against India, England, Australia

Rediff.com23 Aug 2026

Eran Wickramaratne, chairman of Sri Lanka Cricket's interim committee, has called for a revision of the ICC's Future Tours Programme to allow Sri Lanka to play more Test matches against cricketing powerhouses like India, England, and Australia, citing the financial dependence on India and the desire to excel in the format.

US halts visa interviews globally amid Trump's immigration crackdown

US halts visa interviews globally amid Trump's immigration crackdown

Rediff.com26 Aug 2026

The US State Department has paused visa appointments worldwide to conduct a 'global training initiative' for consular officers, aiming to ensure applicants are not likely to become a 'public charge' and are comprehensively evaluated, intensifying President Donald Trump's immigration crackdown.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

What Subhash Chandra Hopes For...

What Subhash Chandra Hopes For...

Rediff.com31 Aug 2026

Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com20 Aug 2026

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com31 Aug 2026

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

India launches Rs 62,500 crore mobile production scheme to boost local brands

India launches Rs 62,500 crore mobile production scheme to boost local brands

Rediff.com22 Aug 2026

India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

Operation Sindoor veteran is Ram temple trust's first CEO

Operation Sindoor veteran is Ram temple trust's first CEO

Rediff.com3 Sep 2026

Air Marshal (retd) Jeetendra Mishra has been appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmbhoomi Teerth Kshetra Trust. His selection follows a rigorous process and comes amidst a recent controversy regarding alleged embezzlement of temple donations.

Centre spends 37% of capex target in four months

Centre spends 37% of capex target in four months

Rediff.com1 Sep 2026

The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.

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.

UP Government Provides Financial Aid To Murder Victim's Family

UP Government Provides Financial Aid To Murder Victim's Family

Rediff.com31 May 2026

The Uttar Pradesh government has provided financial assistance to the family of a man who was murdered in Baghpat district. The family received Rs 5 lakh from the Chief Minister Relief Fund following instructions from Chief Minister Yogi Adityanath.

Liam Delap completes 45m move to Nottingham Forest on five-year deal

Liam Delap completes 45m move to Nottingham Forest on five-year deal

Rediff.com27 Aug 2026

Nottingham Forest have signed Liam Delap from Chelsea for a reported club-record 45 million, with the striker agreeing to a five-year contract.

Industry credit growth jumps 20% in July, gold loans moderate: RBI data

Industry credit growth jumps 20% in July, gold loans moderate: RBI data

Rediff.com1 Sep 2026

Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Sunny Deol: 'I Was Rs 55.99 Crore In Debt'

Sunny Deol: 'I Was Rs 55.99 Crore In Debt'

Rediff.com18 Aug 2026

'The money I owed was all mine. I didn't borrow it from anyone. I didn't owe anyone anything. I just had to sell my own assets and pay back.'

Ladakh sets precedent with 4 percent job reservation for outstanding sportspersons

Ladakh sets precedent with 4 percent job reservation for outstanding sportspersons

Rediff.com19 Aug 2026

Ladakh has approved a four per cent reservation for outstanding sportspersons in Group 'C' government jobs, becoming the first Union Territory in India to implement such a fixed quota. This initiative aims to provide financial security and career opportunities for talented athletes, fostering an ecosystem where sporting excellence is recognised and rewarded.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

'Iran is finished': Trump vows zero financial relief during 60-day talks

'Iran is finished': Trump vows zero financial relief during 60-day talks

Rediff.com20 Jun 2026

Following the signing of a 14-point Memorandum of Understanding (MoU) with Iran, US President Donald Trump reiterated the terms for a 60-day negotiation period, vowing that Tehran will receive "not ten cents" in financial relief.

Maratha quota stir: Jarange warns of march to Mumbai over Kunbi certificate

Maratha quota stir: Jarange warns of march to Mumbai over Kunbi certificate

Rediff.com30 Aug 2026

Activist Manoj Jarange on Sunday stood firm on his demand for Kunbi caste certificates for all Marathas as his indefinite hunger strike entered the second day, warning that he would march to Mumbai if the Maharashtra government failed to act.

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

Rediff.com23 Aug 2026

Leader of the Opposition in the Karnataka assembly R Ashoka on Sunday announced that the Bharatiya Janata Party and its ally Janata Dal-Secular would lay siege to Vidhana Soudha in Bengaluru on August 24 seeking the removal of planning and statistics minister B Nagendra from the cabinet.

Financial Woes Lead To Tragic Father-Son Deaths In Delhi

Financial Woes Lead To Tragic Father-Son Deaths In Delhi

Rediff.com6 Jun 2026

A 54-year-old man in northeast Delhi allegedly poisoned his 13-year-old son before dying by suicide, reportedly due to severe financial problems and ongoing separation proceedings with his wife. Police are investigating the tragic incident.

Transfer Deadline Day 2026: Aston Villa Sign 18-Year-Old Ibrahim Mbaye From PSG

Transfer Deadline Day 2026: Aston Villa Sign 18-Year-Old Ibrahim Mbaye From PSG

Rediff.com2 Sep 2026

Ibrahim Mbaye, the 18-year-old Senegal forward, has completed a permanent transfer from Paris St Germain to Premier League club Aston Villa.

Jio Platforms gets Sebi nod to launch India's biggest IPO

Jio Platforms gets Sebi nod to launch India's biggest IPO

Rediff.com28 Aug 2026

Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.

NeoGeoInfo Secures USD 20 Million For Global Expansion

NeoGeoInfo Secures USD 20 Million For Global Expansion

Rediff.com18 Aug 2026

NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com28 Aug 2026

Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.

How Ariha Pangambam Won India's First Aerobics Gymnastics Gold

How Ariha Pangambam Won India's First Aerobics Gymnastics Gold

Rediff.com28 Aug 2026

At 22, Ariha Pangambam from Manipur created history by winning the first ever individual gold for India in aerobic gymnastics at the Asian championships.

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 Sep 2026

'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'

Saina Nehwal urges India to prioritise medal tally for true sporting nation status

Saina Nehwal urges India to prioritise medal tally for true sporting nation status

Rediff.com15 Aug 2026

Former world No. 1 shuttler Saina Nehwal has stated that India's true measure as a 'sporting nation' will be its position in the global medals tally, not just hosting major tournaments. She highlighted the significant progress made by women in sports but emphasised the need for better financial backing, sponsorships, and comprehensive support systems including psychologists and proper coaching from an early age to nurture more champions.

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

Rediff.com20 Aug 2026

High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Rediff.com19 Aug 2026

Former Delhi minister Satyendar Jain and ex-Delhi Jal Board CEO Udit Prakash Rai are among six individuals arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case. The case involves irregularities and manipulation in the tendering process for sewage treatment plant projects of the Delhi Jal Board, with allegations of favouring a specific technology provider and significant financial implications for the government exchequer. The investigation has also revealed a money trail involving substantial transfers to the accused.

Cattle on highway trigger deadly crash in MP; 8 UP labourers killed, 32 hurt

Cattle on highway trigger deadly crash in MP; 8 UP labourers killed, 32 hurt

Rediff.com18 Aug 2026

Eight labourers were killed and 32 others injured in Madhya Pradesh's Bhind district when their pickup vehicle collided with a dumper truck. The accident occurred early Tuesday as the labourers were returning to Uttar Pradesh after paddy transplantation work. Preliminary investigations suggest the driver lost control while avoiding cattle. Uttar Pradesh Chief Minister Yogi Adityanath has announced financial assistance for the victims' families.

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Rediff.com27 Aug 2026

Media baron Subhash Chandra has clarified that the total claim against him in personal insolvency proceedings is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, asserting he was only a personal guarantor and not the borrower.

Delhi couple held for ISI spy network, supplying Indian SIMs to Pak

Delhi couple held for ISI spy network, supplying Indian SIMs to Pak

Rediff.com28 Aug 2026

Delhi Police have dismantled an alleged Pakistan ISI-backed espionage module, arresting a couple, Md Sahil and Sameera, for procuring Indian SIM cards and sending them to Pakistan. The couple allegedly recruited individuals for reconnaissance of cantonment areas and facilitated communication for Pakistani handlers through social media.

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com21 Aug 2026

It's not about how much you earn -- it's about how you borrow and repay.

Triple whammy for Mumbaikars: Milk, CNG, taxi-auto fares rise

Triple whammy for Mumbaikars: Milk, CNG, taxi-auto fares rise

Rediff.com1 Sep 2026

Mumbaikars are set to face a significant financial burden as the prices of milk, CNG, and taxi-rickshaw fares have all seen a substantial increase from September 1, 2026, impacting household budgets ahead of the crucial festive season.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com28 Aug 2026

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Rediff.com18 Aug 2026

India's six publicly listed Real Estate Investment Trusts (REITs) collectively distributed approximately 3,136 crore to over 485,000 unitholders during the first quarter (April-June) of the current financial year (FY27), demonstrating the sector's resilience despite global uncertainties.

Bar Council chief faces resignation demand; rejects charges

Bar Council chief faces resignation demand; rejects charges

Rediff.com22 Aug 2026

YR Sadashiva Reddy, Co-Chairman of the Bar Council of India (BCI), has called for the immediate resignation of BCI Chairman Manan Kumar Mishra, citing alleged irregularities in appointments, diversion of Council funds, financial dealings with law colleges, and other governance issues. Mishra has dismissed the allegations as 'baseless'.