News for 'International Money Matters'

Why 9/11 Still Matters

Why 9/11 Still Matters

Rediff.com11 Sep 2026

On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

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.

Coforge Chairman O P Bhatt Resigns Amidst Board Evaluation Report Controversy

Coforge Chairman O P Bhatt Resigns Amidst Board Evaluation Report Controversy

Rediff.com9 Sep 2026

Coforge Chairman O P Bhatt has abruptly resigned from the IT firm after an internal audit raised concerns over the handling and presentation of a 'board evaluation report' to the board, with the company asserting the move will not impact its financial or operational performance.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com5 days ago

Investors opening new brokerage accounts must choose a broker suited to their style.

COAI And British High Commission Ink Pact For AI, Digital Trust

COAI And British High Commission Ink Pact For AI, Digital Trust

Rediff.com6 days ago

Telecom industry body COAI and the British High Commission signed an MoU to boost cooperation in AI, connectivity, and digital trust, fostering responsible tech innovation. The pact, signed at the CO.AI 2026 event, focused on AI's role in intelligent networks, security, and public services. Discussions highlighted AI's importance in combating fraud, improving network efficiency, and ensuring secure digital services. TRAI Chairman Anil Kumar Lahoti and Acting British High Commissioner Ben Mellor emphasised the need for balanced governance and international collaboration to ensure secure, inclusive, and responsible digital transformation.

Tata Sons listing looms after RBI rejects plea on NBFC status

Tata Sons listing looms after RBI rejects plea on NBFC status

Rediff.com12 Sep 2026

The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Rediff.com2 days ago

A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.

BRICS raises 'serious concerns' over unilateral tariffs, trade barriers

BRICS raises 'serious concerns' over unilateral tariffs, trade barriers

Rediff.com12 Sep 2026

BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

Rediff.com8 Sep 2026

Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.

'What If A Mother's Daughter Goes Missing?'

'What If A Mother's Daughter Goes Missing?'

Rediff.com6 days ago

'How will this woman find her? And how does that affect her, because it's not a biological relationship.'

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

Asian Games Organisers Downplay Accommodation Issues, Blame 'Politicisation'

Asian Games Organisers Downplay Accommodation Issues, Blame 'Politicisation'

Rediff.com2 days ago

The Olympic Council of Asia (OCA) has dismissed concerns about organisational chaos at the Asian Games, attributing criticisms to attempts to "politicise" the event. Despite widespread issues like accommodation scarcity, lengthy check-ins, and athlete complaints, OCA officials insist challenges are normal and are being handled effectively. They also addressed a diplomatic complaint from South Korea regarding a historical figure at a welcome ceremony and defended cost-saving measures like container-style accommodation.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com3 days ago

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

When Will Tata Sons List?

When Will Tata Sons List?

Rediff.com7 days ago

'Listing leads to greater transparency and shareholder oversight.'

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

Rediff.com7 days ago

Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.

Why Tata Trusts Can't Oppose Chandra's Third Term

Why Tata Trusts Can't Oppose Chandra's Third Term

Rediff.com2 days ago

N Chandrasekaran's letter of not seeking a third term was written to Tata Sons directors (including to Noel Tata as a nominee director) and, therefore, Tata Trusts did not have a locus standi on accepting or rejecting that letter.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Andhra Pradesh CM Naidu pushes for 15-20% growth, urges proactive governance

Andhra Pradesh CM Naidu pushes for 15-20% growth, urges proactive governance

Rediff.com10 Sep 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu has set an ambitious target for district collectors to achieve a 15-20 per cent growth rate, building on the state's 13.4 per cent growth in Q1 FY27, the highest in India.

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

Rediff.com7 Sep 2026

'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com19 Aug 2026

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.

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.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

Rediff.com4 Sep 2026

'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'

Tata Sons board concludes meeting amid rising internal frictions

Tata Sons board concludes meeting amid rising internal frictions

Rediff.com26 May 2026

A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.

US Appeals Court Affirms $2 Billion Devas Award Against ISRO's Antrix

US Appeals Court Affirms $2 Billion Devas Award Against ISRO's Antrix

Rediff.com17 Aug 2026

A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Rediff.com7 Aug 2026

Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.

Indian family wants UK govt to repay 109-yr-old loan taken during WWI

Indian family wants UK govt to repay 109-yr-old loan taken during WWI

Rediff.com10 Aug 2026

Descendants of a Madhya Pradesh businessman are seeking repayment from the UK government for a Rs 35,000 loan made during World War I. The UK Debt Management Office has responded, asking for further documentation to examine the claim, which the family estimates to be worth crores today with interest.

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

Rediff.com30 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup highlights the intricate balance of power in global football, where the governing body's authority is often challenged by the significant commercial strength of UEFA, particularly in Europe.

'Noel Tata May Want To Appoint Somebody'

'Noel Tata May Want To Appoint Somebody'

Rediff.com20 Aug 2026

'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.

When Ratan Tata Saved My Dog

When Ratan Tata Saved My Dog

Rediff.com4 Sep 2026

The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.

Chess Grandmaster Abhijeet Gupta Gets Assurance On Prize-Money

Chess Grandmaster Abhijeet Gupta Gets Assurance On Prize-Money

Rediff.com9 May 2026

Grandmaster Abhijeet Gupta, frustrated by delays in receiving prize money for winning the Odisha Open, has been assured by the All India Chess Federation that the issue will be resolved and his dues cleared.

Kolkata Businessman Arrested For Money Laundering: What It Means

Kolkata Businessman Arrested For Money Laundering: What It Means

Rediff.com20 Apr 2026

The Enforcement Directorate (ED) has arrested Jay Kamdar, a Kolkata businessman, for alleged money laundering. The ED claims Kamdar had close ties with police officers and misused his influence in land-related matters. The investigation is linked to an alleged criminal syndicate led by Biswajit Podder.

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

Rediff.com11 Aug 2026

A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.

How China Shielded Itself From Oil Shock

How China Shielded Itself From Oil Shock

Rediff.com17 Aug 2026

China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.

When A Flight Fails, Airlines Must Respond

When A Flight Fails, Airlines Must Respond

Rediff.com26 Aug 2026

A flight may be cancelled for reasons beyond an airline's control. The chaos that follows need not be, points out Air Commodore Nitin Sathe (retd).

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Rediff.com25 Jul 2026

Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Rediff.com11 Aug 2026

The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.

Publishers Must Adapt To Evolving AI Copyright Framework

Publishers Must Adapt To Evolving AI Copyright Framework

Rediff.com10 Aug 2026

A new report highlights that publishers need to adopt clear records, AI-specific provisions, and transparent disclosure of AI use to manage legal and commercial risks as the copyright framework around artificial intelligence evolves. Jointly developed by SS Rana & Co and Ficci, the 'Copyright In The AI Age' report emphasises practical governance measures while courts and regulators work on legal principles. It also addresses concerns about authorship, creators' rights, and research integrity amidst increasing AI integration in publishing.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.