News for 'Financials'

IRS officer's daughter murder: 973-page chargesheet reveals chilling sequence

IRS officer's daughter murder: 973-page chargesheet reveals chilling sequence

Rediff.com17 Jul 2026

The Delhi police filed a 973-page chargesheet in a city court against Rahul Meena, the former domestic help accused in the rape and killing of the 22-year-old daughter of a senior IRS officer, officials said on Friday.

Special Olympics Bharat Hails Football Team's Gothia Cup Bronze

Special Olympics Bharat Hails Football Team's Gothia Cup Bronze

Rediff.com20 Jul 2026

The Indian Special Olympics football team secured a bronze medal at the Gothia Cup in Sweden, marking their third consecutive podium finish. Special Olympics Bharat president Malika Nadda praised the team's resilience and determination, while coaches highlighted the challenges of adapting to artificial turf and expressed ambitions for future gold medals.

How EY India's New Platform Quantifies Cyber Risk In Real-Time

How EY India's New Platform Quantifies Cyber Risk In Real-Time

Rediff.com9 Jul 2026

EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.

81 lakh women removed from Maharashtra's Ladki Bahin scheme

81 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com13 Jul 2026

Maharashtra's Ladki Bahin Yojana has seen 81 lakh registered beneficiaries removed following a multi-month e-KYC verification drive, with the state's Women and Child Development Minister Aditi Tatkare clarifying the process was mandatory to filter out ineligible individuals, income-tax payers, and government employee families.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Ahead Of Spider-Man: Brand New Day, Every Spider-Man Film Ranked

Ahead Of Spider-Man: Brand New Day, Every Spider-Man Film Ranked

Rediff.com29 Jul 2026

Ahead of Spider-Man: Brand New Day, we rank every live-action Spider-Man movie from the critically acclaimed Spider-Man 2 to the less successful The Amazing Spider-Man 2.

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Rediff.com23 Jul 2026

Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.

Ram Temple trust to discuss SIT report, pick new CEO

Ram Temple trust to discuss SIT report, pick new CEO

Rediff.com4 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to convene in Ayodhya to discuss the preliminary report of the SIT investigating the Ram Temple donation theft. The agenda includes reviewing the resignations of general secretary Champat Rai and trustee Anil Mishra, considering the appointment of a CEO, and approving financial statements. The meeting comes amidst ongoing police and SIT investigations, with eight arrests made in connection with the theft.

How UPI Is Expanding Its Global Footprint And Securing Digital Payments

How UPI Is Expanding Its Global Footprint And Securing Digital Payments

Rediff.com20 Jul 2026

Parliament was informed that UPI has onboarded 55.49 crore users by June 2026, with transactions reaching 24,162 crore in volume and Rs 314 lakh crore in value in FY 2025-26. The platform, operated by NPCI, is expanding internationally through NIPL, facilitating cross-border payments and assisting other nations in building similar systems. Significant efforts are also underway by the Government, RBI, and NPCI to enhance the security and transparency of UPI transactions, including risk-based limits, security frameworks, and public awareness campaigns against cyber-crime.

BCCI Secretary Saikia To Head ICC's Governance Review Committee

BCCI Secretary Saikia To Head ICC's Governance Review Committee

Rediff.com15 Jul 2026

The International Cricket Council (ICC) concluded its Annual Meetings, establishing a new Governance Review Committee headed by BCCI secretary Devajit Saikia.

Platforms Told To Prevent Child Exploitation Content

Platforms Told To Prevent Child Exploitation Content

Rediff.com20 Jul 2026

Experts urge internet platforms to adopt prevention-by-design and stronger AI systems to curb child sexual exploitation material and improve online child safety.

Asian Tour, DP World Tour, PGA TOUR Forge Landmark Partnership Until 2029

Asian Tour, DP World Tour, PGA TOUR Forge Landmark Partnership Until 2029

Rediff.com21 Jul 2026

The Asian Tour, DP World Tour, and PGA TOUR have announced a significant partnership extending until at least 2029. This alliance aims to enhance commercial and playing opportunities, establish pathways for Asian Tour members, and will see the DP World Tour co-sanctioning events with the Asian Tour again, marking a new era for professional golf globally and a potential setback for LIV Golf.

CJP ends 36-day protest after govt accepts all demands

CJP ends 36-day protest after govt accepts all demands

Rediff.com25 Jul 2026

The Cockroach Janta Party (CJP) has called off its 36-day agitation following the resignation of Education Minister Dharmendra Pradhan, who stepped down amidst widespread protests over irregularities in the exam system and the NEET paper leak. The government also agreed to the CJP's demands for 1 crore compensation to families of students who died by suicide and no action against protesters.

'We flipped over in 3 minutes': Vietnam boat tragedy survivor

'We flipped over in 3 minutes': Vietnam boat tragedy survivor

Rediff.com14 Jul 2026

Nirmal Kumar, an Indian survivor of the recent speedboat tragedy near Phu Quoc Island, Vietnam, has recounted the horrific moments when a sudden, violent wave capsized their boat, trapping 15 passengers underwater. The accident, which occurred on July 11, claimed the lives of 15 Indian tourists, with 10 from Tamil Nadu. Kumar, who lost a childhood friend, highlighted the lack of immediate medical supplies and appealed for government assistance for the grieving families.

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

Rediff.com20 Jul 2026

IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.

Inherited Gold: How Much Tax Will You Pay?

Inherited Gold: How Much Tax Will You Pay?

Rediff.com21 Jul 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

Rediff.com22 Jul 2026

Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.

Modi takes a dig at 'young' Rahul Gandhi while praising youth power

Modi takes a dig at 'young' Rahul Gandhi while praising youth power

Rediff.com20 Jul 2026

Prime Minister Narendra Modi lauded young Indian innovators for the country's first privately developed orbital rocket, Skyroot Aerospace's Vikram-1, which made India the third nation with private orbital launch capabilities. While praising the 28-year-old average age of the Skyroot team, Modi made a veiled remark about a "56-year-old young man," widely understood to be a dig at Congress leader Rahul Gandhi, who recently turned 56.

FIDE's AICF Nomination Stirs Hornet's Nest

FIDE's AICF Nomination Stirs Hornet's Nest

Rediff.com25 Jul 2026

FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

Rediff.com6 Jul 2026

Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.

Delhi dowry death: 'She hoped earning more would help end abuse'

Delhi dowry death: 'She hoped earning more would help end abuse'

Rediff.com7 Jul 2026

A 28-year-old newlywed Delhi woman, Akriti Sutar, who died after allegedly falling from a building, had hoped that returning to work and earning money would help her gradually end the dowry-related taunts and abuse she faced at her matrimonial home, her brother revealed.

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

Rediff.com1 Jul 2026

Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Rediff.com19 Jul 2026

Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Rediff.com21 Jul 2026

Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.

US senators name India in sweeping Russia sanctions bill

US senators name India in sweeping Russia sanctions bill

Rediff.com15 Jul 2026

A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Rediff.com16 Jul 2026

IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.

Global Markets Reel as US-Iran Tensions Escalate, Crude Oil Prices Jump

Global Markets Reel as US-Iran Tensions Escalate, Crude Oil Prices Jump

Rediff.com8 Jul 2026

Indian equity benchmark indices Sensex and Nifty plummeted over 2 per cent following US President Donald Trump's declaration that the interim agreement with Iran is 'over', which led to a sharp rally in crude oil prices and heightened geopolitical tensions.

Ram Temple Trust deactivates VIP pass IDs of Champat Rai, two ex-officials

Ram Temple Trust deactivates VIP pass IDs of Champat Rai, two ex-officials

Rediff.com9 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust has deactivated the digital IDs of former general secretary Champat Rai, trustee Anil Mishra, and special invitee Gopal Rao. This action follows alleged irregularities in the issuance of VIP darshan passes and an ongoing SIT probe into financial misconduct at the Ayodhya Ram Temple. The move aims to curb misuse of preferential entry passes.

Ram Temple Trust's crucial meet on Monday; Champat Rai's future among agenda

Ram Temple Trust's crucial meet on Monday; Champat Rai's future among agenda

Rediff.com5 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust is holding a crucial meeting to discuss ongoing investigations into alleged embezzlement of donations. Key agenda items include the resignations of general secretary Champat Rai and trustee Anil Mishra, financial approvals, and the appointment of a CEO for the Ram temple's management.

NSE targets to launch Rs 30,000-cr IPO in Sep

NSE targets to launch Rs 30,000-cr IPO in Sep

Rediff.com6 Jul 2026

The National Stock Exchange (NSE) is reportedly planning to launch its much-anticipated initial public offering (IPO), estimated at around Rs 30,000 crore, in September, potentially valuing the exchange at over Rs 5 lakh crore.

9 killed, 7 injured in blast at illegal firecracker factory in Ahmedabad

9 killed, 7 injured in blast at illegal firecracker factory in Ahmedabad

Rediff.com18 Jul 2026

An explosion and subsequent fire at an unlicensed firecracker factory in Ahmedabad, Gujarat, resulted in the deaths of nine people and injuries to six others. The incident prompted condolences and financial aid from Prime Minister Narendra Modi and Gujarat Chief Minister Bhupendra Patel, with authorities initiating an investigation into the illegal operation.

152 exam paper leaks in 10 years, zero conviction: Rahul Gandhi

152 exam paper leaks in 10 years, zero conviction: Rahul Gandhi

Rediff.com22 Jul 2026

Congress leader Rahul Gandhi has accused the Modi government of 'destroying' India's education system, expressing full support for protesting students and their demands, including the resignation of Education Minister Dharmendra Pradhan and an apology from Prime Minister Narendra Modi.

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Rediff.com1 Jul 2026

Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

Rediff.com20 Jul 2026

The Supreme Court on Monday asked the Uttar Pradesh government to apprise it about the possibility of setting up an SIT to probe the alleged embezzlement of donations at the Ram temple in Ayodhya and cautioned the litigants not to politicise the issue.

Memes, Music and Mockery: How Gen Z amplifying CJP protest

Memes, Music and Mockery: How Gen Z amplifying CJP protest

Rediff.com23 Jul 2026

Gen Z protesters are using memes, music, and sarcastic humour on social media platforms like Instagram and X to demand Union Education Minister Dharmendra Pradhan's resignation over the NEET question paper leak and other examination irregularities.

Ram Temple theft: Police trace accuseds' money trail to land deals, new homes

Ram Temple theft: Police trace accuseds' money trail to land deals, new homes

Rediff.com11 Jul 2026

The police investigating the "embezzlement" of donations at the Ram temple in Ayodhya have scrutinised the bank accounts of relatives of the eight arrested accused as they seek to establish the money trail behind the alleged diversion of funds, sources said on Friday.

Israel doesn't need US aid, says Netanyahu, rejects Palestinian State

Israel doesn't need US aid, says Netanyahu, rejects Palestinian State

Rediff.com1 Jul 2026

Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.

Smriti Irani Accuses TMC of Corruption, Promises Financial Aid for Women in West Bengal

Smriti Irani Accuses TMC of Corruption, Promises Financial Aid for Women in West Bengal

Rediff.com15 Apr 2026

Senior BJP leader Smriti Irani has criticised the TMC government in West Bengal, alleging corruption and failure to ensure women's safety. She promised a monthly cash support of Rs 3,000 for every woman if the BJP is voted to power.

India's Cultural Diplomacy: Restoring Shared Heritage Across Asia

India's Cultural Diplomacy: Restoring Shared Heritage Across Asia

Rediff.com8 Jul 2026

India has actively engaged in cultural diplomacy over the past 12 years, providing grant assistance and expertise for the restoration and conservation of significant heritage sites, including temples and archaeological complexes, across multiple Asian countries, reinforcing shared civilisational ties.

Blue-chip buying propels Sensex up 965 points, Nifty crosses 24,330

Blue-chip buying propels Sensex up 965 points, Nifty crosses 24,330

Rediff.com17 Jul 2026

Indian stock markets witnessed a significant rally, with the Sensex climbing 964.58 points and the Nifty reaching 24,330, driven by strong buying in blue-chip stocks, particularly in the IT and banking sectors, amidst optimism over Q1 earnings and a shift towards large-cap investments.