News for 'Financials'

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com6 days ago

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Why is Bhutia angry over India's Brazil match?

Why is Bhutia angry over India's Brazil match?

Rediff.com6 Aug 2026

The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.

Why India Has No Hockey Umpire or Official at 2026 World Cup

Why India Has No Hockey Umpire or Official at 2026 World Cup

Rediff.com7 Aug 2026

For the first time since 1998, no Indian umpire or technical official will be present at the FIH Men's Hockey World Cup, a situation that has left former international officials disappointed and calling for a structured pathway to develop and support Indian officiating talent.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com1 days ago

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Rediff.com10 Aug 2026

A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

Rediff.com4 Aug 2026

Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.

Is India Ready For Digital NEET?

Is India Ready For Digital NEET?

Rediff.com1 hour ago

Computer-based testing can make the examination more secure and transparent. Ensuring equal opportunities to prepare will make it fair as well. India needs both, suggests Dibyasree Ganguly.

'Still no job': India's U20 javelin silver medallist opens up

'Still no job': India's U20 javelin silver medallist opens up

Rediff.com5 days ago

Ashish Yadav, a 19-year-old javelin thrower, won a silver medal at the World Under-20 championships, becoming the second Indian after Neeraj Chopra to achieve this feat. Despite his sporting success and significant improvement in performance through systematic training in Hisar, Yadav continues to search for a job to support his family, highlighting the financial challenges faced by many aspiring athletes.

Why Susmita Mukherjee Did 'C-Grade, Sexist Films': 'It Was A Bad Time'

Why Susmita Mukherjee Did 'C-Grade, Sexist Films': 'It Was A Bad Time'

Rediff.com7 Aug 2026

'It's a very disturbing thing to go back to my life and say, why did I act in such sexist, C-grade films, films derogatory to women. They were just bad films, bad choices. So I did, and did I sell my soul? Of course I sold my soul.'

Nihal Sarin has a strong message for struggling Gukesh

Nihal Sarin has a strong message for struggling Gukesh

Rediff.com22 hours ago

Indian Grandmaster Nihal Sarin discusses fellow world champion D Gukesh's recent performance slump, attributing it to a lack of confidence rather than a decline in skill. Sarin expresses hope that the upcoming Chess Olympiad will help Gukesh regain his form. He also shares his views on the increasing role of AI in chess, the evolution towards faster formats, and potential improvements in the chess ecosystem.

'I Was Scammed on a Matrimonial Web Site'

'I Was Scammed on a Matrimonial Web Site'

Rediff.com4 days ago

rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Rediff.com5 days ago

'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com1 hour ago

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

India's UPI Expands Global Reach With Maldives Integration

India's UPI Expands Global Reach With Maldives Integration

Rediff.com31 Jul 2026

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.

Rishabh Pant seeks Uttarakhand land for home, CM Dhami assures help

Rishabh Pant seeks Uttarakhand land for home, CM Dhami assures help

Rediff.com8 Aug 2026

India wicketkeeper-batter Rishabh Pant has appealed to Uttarakhand Chief Minister Pushkar Singh Dhami for assistance in acquiring land to build a home and shift his base from Delhi to his native state. CM Dhami has assured Pant of all possible help, stating that the matter has been referred to concerned officials.

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Rediff.com7 days ago

Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.

Rajasthan: Schoolchildren turn journalists to bridge rural news gap

Rajasthan: Schoolchildren turn journalists to bridge rural news gap

Rediff.com9 Aug 2026

A government school in Raholi, Tonk, Rajasthan, has launched its own student-run newspaper, 'Raholi Shiksha Samachar' and 'Raholi Education Times', to address the lack of newspaper access in rural areas and provide students with a platform for creativity and journalism skills.

RBI shuts FCNR(B) swap facility early as inflows hit $52.3 billion

RBI shuts FCNR(B) swap facility early as inflows hit $52.3 billion

Rediff.com21 hours ago

The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.

Applying For US Student Visa? Avoid These 9 Mistakes

Applying For US Student Visa? Avoid These 9 Mistakes

Rediff.com22 hours ago

When you apply for a US visa, you need to be clear and honest about why you chose this course or country and what you plan to do with the qualification afterwards -- whether you will be returning home or building a career abroad, says Sonal Kapoor, global chief business officer, Prodigy Finance.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com5 days ago

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Rediff.com7 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.

Punjab police uncover ISI terror network, 4 juveniles among 9 arrested

Punjab police uncover ISI terror network, 4 juveniles among 9 arrested

Rediff.com4 Aug 2026

Punjab Police have successfully dismantled two ISI-backed cross-border terror modules, leading to the arrest of nine individuals, including four juveniles. The modules were involved in recruiting local youth, conducting surveillance of security installations, and procuring illegal weapons under the direction of foreign-based ISI handlers.

Maharashtra Forms Task Force For Drone Policy Implementation

Maharashtra Forms Task Force For Drone Policy Implementation

Rediff.com4 days ago

The Maharashtra government is setting up a ministerial task force, led by Minister Ashish Shelar, to ensure the effective implementation of its drone policy. Chief Minister Devendra Fadnavis announced this, emphasising the need for a "policy of policies" to integrate R&D, manufacturing, testing, and subsidies, and to strengthen the state's drone ecosystem, including developing a 'Drone City'.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com3 days ago

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com3 days ago

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

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.com3 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.com5 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.com5 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.com5 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.com5 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.com5 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.