News for 'Financials'

PM promises Rs 1 lakh crore Innovation Fund for start-ups

PM promises Rs 1 lakh crore Innovation Fund for start-ups

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.

10 Malayalam Songs That Capture Onam Best

10 Malayalam Songs That Capture Onam Best

Rediff.com25 Aug 2026

From timeless classics to modern favourites, these 10 Malayalam songs capture the colour, warmth and togetherness of Onam like few others can.

Man involved in Gujarat hooch tragedy dies consuming same alcohol

Man involved in Gujarat hooch tragedy dies consuming same alcohol

Rediff.com21 Aug 2026

A spurious liquor tragedy in Gujarat's Bhavnagar district has resulted in eight deaths and left 61 persons affected, with 25 still undergoing treatment. Police have arrested 13 individuals in connection with the incident, which involved methanol-laced alcohol sold under a popular brand name. The State Monitoring Cell is investigating the source and distribution network of the illicit brew.

The Taj's Hidden Story Is India's Wealth

The Taj's Hidden Story Is India's Wealth

Rediff.com26 Aug 2026

In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.

6 dead, 4 injured after landslide in Mumbai amid heavy rains

6 dead, 4 injured after landslide in Mumbai amid heavy rains

Rediff.com12 Aug 2026

A devastating landslide in Mumbai's Ghatkopar area, triggered by heavy rains, has claimed the lives of six people, including three children, and left four others injured, with rescue operations facing significant challenges due to the narrow access routes.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

AIFF in trouble? Brazil clash creates ASEAN Cup mess

AIFF in trouble? Brazil clash creates ASEAN Cup mess

Rediff.com12 Aug 2026

The All India Football Federation (AIFF) is in a difficult situation regarding India's participation in the inaugural FIFA ASEAN Cup and a proposed friendly against Brazil, as both events clash on October 3. FIFA regulations prohibit fielding an understrength team in a sanctioned competition, forcing the AIFF to seek clarification from FIFA on its plan for separate squads.

Kartik Aaryan Donates Rs 1 Crore for Assam Flood Relief

Kartik Aaryan Donates Rs 1 Crore for Assam Flood Relief

Rediff.com31 Jul 2026

Kartik Aaryan's Rs 1 crore donation for Assam flood relief was acknowledged by Assam Chief Minister Himanta Biswa Sarma.

World Cup hero Ferran Torres joins PSG from Barcelona on six-year deal

World Cup hero Ferran Torres joins PSG from Barcelona on six-year deal

Rediff.com15 Aug 2026

Paris St Germain have signed Spain's World Cup-winning forward Ferran Torres from Barcelona on a contract until 2031, the two clubs announced on Saturday.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com21 Aug 2026

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com21 Aug 2026

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

Building Multiple Layers Health Cover Is A Must

Building Multiple Layers Health Cover Is A Must

Rediff.com17 Aug 2026

Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs.

Tata Sons Listing: Suspense Continues

Tata Sons Listing: Suspense Continues

Rediff.com21 Aug 2026

Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

'More focused on money': Ex-Pakistan selector slams players

'More focused on money': Ex-Pakistan selector slams players

Rediff.com12 Aug 2026

Former Pakistan Test spinner and chief selector Iqbal Qasim has criticised the current generation of Pakistani cricketers for prioritising financial gain, particularly through leagues like the PSL, over dedicated skill development and game awareness, attributing this to a lack of vision among selectors and a general disinterest among young players.

Modern Marriage: 'My Husband Lied To Me For 11 Years'

Modern Marriage: 'My Husband Lied To Me For 11 Years'

Rediff.com13 Aug 2026

Riya* tells Rishika Shah/Rediff how a lie she discovered after marriage made her question everything she thought she knew about the man she loved.

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

Rediff.com12 Aug 2026

Indian physicist Deepak Dhar, a professor at ICTS-TIFR in Bengaluru, has been awarded the prestigious 2026 Dirac Medal for his significant contributions to statistical mechanics. He shares the honour with three other physicists for their work on understanding complex systems, with applications in diverse fields like biology, finance, and AI. Dhar is particularly recognised for his "sandpile model" and has previously received the Padma Bhushan and Boltzmann Medal.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com24 Aug 2026

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

Al-Qaeda behind Red Fort terror attack that killed 15: UN report

Al-Qaeda behind Red Fort terror attack that killed 15: UN report

Rediff.com13 Aug 2026

A new UN Security Council report has 'officially attributed' the November 2025 Red Fort terror attack in New Delhi, which killed about 15 people, to Al-Qaeda in the Indian Subcontinent (AQIS). The report highlights AQIS's evolution into a regional terrorist entity and its efforts to establish networks.

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

Rediff.com23 Aug 2026

Congress leader Rahul Gandhi urged girl students to "smash patriarchy" and criticised the "Manusmriti mindset" during an interaction in Pune, highlighting issues of sexual harassment, safety, and economic independence for women.

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Rediff.com11 Aug 2026

Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.

Union cabinet approves high court bench for Ladakh

Union cabinet approves high court bench for Ladakh

Rediff.com20 Aug 2026

The Union Cabinet has approved the establishment of a High Court bench in Ladakh, a move lauded by Home Minister Amit Shah and Lt Governor Vinai Kumar Saxena as a significant step towards improving access to justice and ensuring the all-round development of the Union Territory.

Jharkhand student leader breaks fast, announces phase 2 of stir

Jharkhand student leader breaks fast, announces phase 2 of stir

Rediff.com18 Aug 2026

JLKM leader Devendra Mahto, who ended his 16-day hunger strike after the Jharkhand government cancelled job exams over alleged irregularities, announced a second phase of protests for corruption-free recruitment by JPSC and JSSC, demanding government guarantees against future paper leaks and irregularities.

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Rediff.com17 Aug 2026

The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.

India removes hurdle for rupee export payments, eyes wider international use

India removes hurdle for rupee export payments, eyes wider international use

Rediff.com21 Aug 2026

India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.

TVS Venu Group to bolster financial services presence with Jana SFB stake

TVS Venu Group to bolster financial services presence with Jana SFB stake

Rediff.com19 May 2026

TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.

How To Claim Unclaimed Bank Deposits

How To Claim Unclaimed Bank Deposits

Rediff.com21 Aug 2026

A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.

Premature life policy exits surpass maturity payouts

Premature life policy exits surpass maturity payouts

Rediff.com4 Aug 2026

Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.

Paris Olympics Near Miss Fuels Chauhan's Asian Games Drive

Paris Olympics Near Miss Fuels Chauhan's Asian Games Drive

Rediff.com11 Aug 2026

Indian skeet shooter Maheshwari Chauhan, who narrowly missed a medal at the Paris Olympics, is now leveraging that experience to prepare for the upcoming Asian Games in Japan. She finished fourth in the mixed team skeet event and is currently part of a national preparatory camp.

Polymer rupee notes may be a reality in FY28

Polymer rupee notes may be a reality in FY28

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra announced plans to launch long-lasting polymer currency notes by the next financial year. He also discussed the central bank's data-dependent approach to interest rates, its focus on aligning inflation with the 4 per cent target, and the orderly trajectory of the rupee amidst geopolitical tensions.

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

Rediff.com13 Aug 2026

India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

Maha govt to act against drivers not knowing Marathi from tomorrow

Maha govt to act against drivers not knowing Marathi from tomorrow

Rediff.com19 Aug 2026

Maharashtra's Transport Minister Pratap Sarnaik announced a drive against auto-rickshaw and taxi drivers lacking a 'working knowledge' of Marathi, with penalties ranging from licence suspension to cancellation, sparking fears among non-Marathi speaking drivers.

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Rediff.com19 Aug 2026

The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com10 Aug 2026

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

Trump tightens green card rules, Indians face fresh hurdles

Trump tightens green card rules, Indians face fresh hurdles

Rediff.com19 Aug 2026

The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.

Will Khalifa 2: The Legacy Be Made? Because...

Will Khalifa 2: The Legacy Be Made? Because...

Rediff.com24 Aug 2026

If Khalifa: The Ruler continues to bleed at the box office, the odds of a big-budget sequel materialising drop to practically zero. The harsh reality of franchise filmmaking is incredibly simple: If the 'ruler' fails to conquer, absolutely no one is going to care about the 'legacy', no matter how many superstars you cram onto a poster.

Mundhe urges people not to buy loose edible oil

Mundhe urges people not to buy loose edible oil

Rediff.com20 Aug 2026

Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.

Actor Vikram's deleted video reveals illegal trade in exotic Lar Gibbon apes

Actor Vikram's deleted video reveals illegal trade in exotic Lar Gibbon apes

Rediff.com13 Aug 2026

A deleted video posted by actor Vikram, showing him cuddling a Lar Gibbon, has brought to light the illegal possession and transfer of these endangered primates in Tamil Nadu, prompting a forest department investigation.

I-T dept launches nationwide drive against suspicious foreign remittances

I-T dept launches nationwide drive against suspicious foreign remittances

Rediff.com18 Aug 2026

The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.