News for 'Financials'

Jalandhar Doctor's Suicide: Husband Accused Of Torture, Fraud

Jalandhar Doctor's Suicide: Husband Accused Of Torture, Fraud

Rediff.com11 Jun 2026

A 37-year-old government doctor in Jalandhar, Punjab, died by suicide, leading to her ophthalmologist husband being booked for abetment. The victim's father alleges her husband subjected her to physical and mental torture over extramarital affairs and committed financial fraud by forging her signature for a large loan. The accused husband is currently absconding.

T20 World Cup: Mother sold her jewellery to buy me cricket kit: Kranti Gaud

T20 World Cup: Mother sold her jewellery to buy me cricket kit: Kranti Gaud

Rediff.com23 Jun 2026

Despite becoming a regular member of the Indian women's cricket team, pacer Kranti Gaud has not forgotten her roots and the sacrifices that her parents made to support her career and she wants to repay their faith by excelling at the ongoing T20 World Cup in Manchester.

Kerala Couple Found Dead Amid Financial Struggles: Police Investigate

Kerala Couple Found Dead Amid Financial Struggles: Police Investigate

Rediff.com9 Mar 2026

A couple was found dead in a rented house in Kottayam, Kerala, with police suspecting suicide due to financial difficulties. The couple's child was found unharmed at the scene.

'I Hope to See Many More Singhs at World Cup': Sarpreet Inspires Next Gen

'I Hope to See Many More Singhs at World Cup': Sarpreet Inspires Next Gen

Rediff.com19 Jun 2026

New Zealand midfielder Sarpreet Singh, the first Sikh footballer to play at a FIFA World Cup, hopes his historic appearance will inspire more players of Indian and South Asian heritage to reach football's biggest stage.

How A DRDO Employee Lost Rs 15 Lakh In An Online Investment Scam

How A DRDO Employee Lost Rs 15 Lakh In An Online Investment Scam

Rediff.com11 Jun 2026

A DRDO employee in New Delhi was defrauded of over Rs 15 lakh in a sophisticated online investment scam involving fake work-from-home tasks and promises of high returns. Police have arrested three individuals from Haryana and Rajasthan who played different roles in facilitating the movement of the illicit funds, with further investigation ongoing.

Uttar Pradesh Family Deaths: Suicide Pact Suspected Amid Financial Woes

Uttar Pradesh Family Deaths: Suicide Pact Suspected Amid Financial Woes

Rediff.com12 Mar 2026

Three members of a family were found dead in a locked room in Uttar Pradesh's Fatehpur district, with police suspecting a suicide pact driven by financial difficulties.

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

Rediff.com17 Jun 2026

Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.

England shift India T20Is for massive TV audience

England shift India T20Is for massive TV audience

Rediff.com8 Jun 2026

The England and Wales Cricket Board has moved the start times of the upcoming five T20 Internationals against India an hour earlier to 10:00 pm IST, aiming to maximise television viewership in the subcontinent. This decision, made after consulting broadcasters, highlights English cricket's financial reliance on high-value series featuring India. The tour also includes a sold-out ODI series, with uncertainty surrounding Virat Kohli's participation due to injury.

ED summons Pinarayi Vijayan's daughter for questioning

ED summons Pinarayi Vijayan's daughter for questioning

Rediff.com9 Jun 2026

The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.

India's long-term consumption story intact despite challenges: KKR

India's long-term consumption story intact despite challenges: KKR

Rediff.com11 Jun 2026

Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.

Women's Cricket A Loss-Making Proposition For ICC

Women's Cricket A Loss-Making Proposition For ICC

Rediff.com5 Jun 2026

In the last decade, only two Women's World Cups (in 2020 and 2023) managed to generate profits.

Mamata rushes to Abhishek's house as cops raid at dawn

Mamata rushes to Abhishek's house as cops raid at dawn

Rediff.com13 Jun 2026

Trinamool Congress MP Abhishek Banerjee's Kolkata residence was raided by police and central forces for over four hours in connection with a financial fraud case, targeting his close aide Sumit Roy, whose mobile phone was last traced to the property.

9 Major Charges In Sebi's Rajesh Exports Order

9 Major Charges In Sebi's Rajesh Exports Order

Rediff.com4 Jun 2026

The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.

Governor Review: Oversimple Take On India's Monetary Muddle

Governor Review: Oversimple Take On India's Monetary Muddle

Rediff.com12 Jun 2026

Governor: Simplistic narrative, questionable historical accuracy, underwhelming production quality, notes Sukanya Verma.

Beyond Fees: The Racket Of School 'Add-Ons'

Beyond Fees: The Racket Of School 'Add-Ons'

Rediff.com11 Jun 2026

A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.

Banking system liquidity in deficit after 3 months

Banking system liquidity in deficit after 3 months

Rediff.com24 Jun 2026

India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.

Doda Police Seizes Property Worth Rs 52 Lakh In Anti-Drug Drive

Doda Police Seizes Property Worth Rs 52 Lakh In Anti-Drug Drive

Rediff.com3 Jun 2026

Police in Doda district, Jammu and Kashmir, have attached a residential property valued at Rs 52 lakh under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. The property was allegedly acquired using proceeds from illegal drug trafficking, as part of an ongoing crackdown on drug networks and their financial infrastructure.

Masked Men Attack Commission Agent, Steal Rs 2 Lakh In Delhi

Masked Men Attack Commission Agent, Steal Rs 2 Lakh In Delhi

Rediff.com13 Jun 2026

Five masked men allegedly attacked a 55-year-old commission agent, Shivnath Sharma, at Narela Mandi, critically injuring him and stealing Rs 2 lakh. Police are investigating the incident, with the victim's family suspecting a business rivalry as the motive.

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

Get A Rs 20K Scholarship To Learn In-Demand Skills

Get A Rs 20K Scholarship To Learn In-Demand Skills

Rediff.com17 Jun 2026

The Eastman Powerup Eduskill Scholarship Programme 2026-27 provides financial aid linked to the completion of industry-relevant skill development certifications.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Platini Launches Legal Action Against FIFA, Infantino Over 2015 Corruption Allegations

Platini Launches Legal Action Against FIFA, Infantino Over 2015 Corruption Allegations

Rediff.com9 Jun 2026

Former UEFA president Michel Platini has initiated civil and criminal legal proceedings in France against FIFA and its current president Gianni Infantino.

Multi-Crore Real Estate Fraud: Proclaimed Offender Arrested By Delhi Police EOW

Multi-Crore Real Estate Fraud: Proclaimed Offender Arrested By Delhi Police EOW

Rediff.com13 Jun 2026

Delhi Police's Economic Offences Wing (EOW) has arrested Shiv Nandan Singh Yadav, a proclaimed offender, in connection with a multi-crore real estate fraud. Yadav was wanted in nine FIRs for allegedly duping investors in a housing project that never materialised.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

ED quizzes TMC MP Abhishek for over 11 hours in school jobs scam case

ED quizzes TMC MP Abhishek for over 11 hours in school jobs scam case

Rediff.com16 Jun 2026

Trinamool Congress national general secretary Abhishek Banerjee is undergoing interrogation by the Enforcement Directorate in connection with the alleged primary school recruitment scam. The ED is focusing on the money trail, financial documents, and statements from other accused, following a prior questioning session by the state CID on a separate forgery case.

Former YSRCP MLA Bolla Brahma Naidu Arrested In Rs 12 Crore Land Grab Case

Former YSRCP MLA Bolla Brahma Naidu Arrested In Rs 12 Crore Land Grab Case

Rediff.com5 Jun 2026

Former YSRCP MLA Bolla Brahma Naidu has been arrested in connection with an alleged attempt to illegally grab 10 acres of government land in Telangana. Police claim he was involved in financial transactions worth Rs 12 crore to create fake documents for the land.

Punjab Police Uncover Dubai Link In Cross-Border Drug Bust

Punjab Police Uncover Dubai Link In Cross-Border Drug Bust

Rediff.com14 Jun 2026

Punjab Police have made further arrests and seized additional heroin in a major cross-border drug syndicate case, bringing the total recovery to over 35 kg. The investigation has revealed connections to a Dubai-based smuggler and ongoing efforts are focused on tracing financial trails and hawala links.

80 lakh women removed from Maharashtra's Ladki Bahin scheme

80 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com1 Jun 2026

Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.

Thane Police Uncover Major Drug Trafficking Ring

Thane Police Uncover Major Drug Trafficking Ring

Rediff.com10 Jun 2026

The Thane City Crime Branch has dismantled a drug trafficking network connected to the Kashmir Valley, arresting three individuals and confiscating charas and tramadol capsules worth over Rs 3.03 crore. The operation is part of a special anti-narcotics drive, with investigations ongoing into the supply chain and financial links.

Probe Launched into Alleged Financial Discrepancies at Panchkula Municipal Corporation

Probe Launched into Alleged Financial Discrepancies at Panchkula Municipal Corporation

Rediff.com25 Mar 2026

An FIR has been filed regarding alleged discrepancies related to Fixed Deposit Receipts (FDRs) involving nearly Rs 150 crore of Panchkula Municipal Corporation with a Kotak Mahindra Bank branch, leading to a formal investigation.

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Rediff.com10 Jun 2026

Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com29 Jun 2026

Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

Pune Police Arrest IT Firm CEO After Sudden Closure Leaves 500 Jobless

Pune Police Arrest IT Firm CEO After Sudden Closure Leaves 500 Jobless

Rediff.com4 Jun 2026

The CEO of Noida-based IT firm ThynkTech India OPC Pvt Ltd has been arrested in connection with the sudden closure of its Pune branch, which left around 500 employees jobless. The company is accused of withholding salaries and financial irregularities.

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rediff.com5 Jun 2026

Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Rediff.com8 Jun 2026

Jay Mishra, a key accused and associate of the owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court. Mishra is implicated in the hotel's operations and lack of security, with the police probe widening to examine his and the owner's roles in the tragedy.

LDF govt left Rs 5 lakh cr liabilities, says Kerala CM on tabling white paper

LDF govt left Rs 5 lakh cr liabilities, says Kerala CM on tabling white paper

Rediff.com4 Jun 2026

Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.