News for 'Money Matters'

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Rediff.com29 Apr 2026

Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.

SFBs' universal licence dream: It's a long road ahead

SFBs' universal licence dream: It's a long road ahead

Rediff.com23 Apr 2026

The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.

Faridabad Woman Killed Over Land Compensation Dispute

Faridabad Woman Killed Over Land Compensation Dispute

Rediff.com30 Mar 2026

A 65-year-old woman in Faridabad was allegedly murdered by her son and daughter-in-law over a dispute regarding land compensation money.

CBI Files Chargesheet in Rs 23 Crore Digital Arrest Scam

CBI Files Chargesheet in Rs 23 Crore Digital Arrest Scam

Rediff.com10 Apr 2026

The CBI has filed a chargesheet against a man accused of defrauding a retired banker of Rs 23 crore in a sophisticated digital arrest scam involving impersonation of law enforcement and judicial authorities.

'Pakistan Has Been Betraying Everyone'

'Pakistan Has Been Betraying Everyone'

Rediff.com24 Apr 2026

If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.

TMC Accuses BJP Of Conspiracy To Cripple Campaign

TMC Accuses BJP Of Conspiracy To Cripple Campaign

Rediff.com19 Apr 2026

The TMC has dismissed reports of I-PAC suspending operations in West Bengal, accusing the BJP of conspiring to disrupt the party's election campaign through intimidation. Mamata Banerjee has offered jobs to I-PAC employees if they are forced out.

'Economically, nobody is winning this war'

'Economically, nobody is winning this war'

Rediff.com30 Apr 2026

'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

Rediff.com18 Mar 2026

The Maharashtra Anti-Terrorism Squad (ATS) is investigating a bogus religious trust in Beed that received funds from a controversial international organisation, Chief Minister Devendra Fadnavis announced.

Sobha Surendran Responds to 'Cash-for-Vote' Claims in Kerala Assembly Polls

Sobha Surendran Responds to 'Cash-for-Vote' Claims in Kerala Assembly Polls

Rediff.com10 Apr 2026

BJP leader Sobha Surendran appeared before the District Returning Officer in Kerala to give her statement regarding the 'cash-for-vote' allegation against her during the Assembly polls.

India-US trade talks end, both sides agree to remain engaged

India-US trade talks end, both sides agree to remain engaged

Rediff.com24 Apr 2026

India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.

Rajpal Yadav's sentence suspended in cheque bounce case

Rajpal Yadav's sentence suspended in cheque bounce case

Rediff.com18 Mar 2026

The Delhi High Court has extended the suspension of actor Rajpal Yadav's sentence in cheque bounce cases until April 1, acknowledging his 'substantial' payment towards the outstanding amount.

Dedication, not money, matters during calamities: Nita Ambani

Dedication, not money, matters during calamities: Nita Ambani

Rediff.com27 Sep 2013

Kickstarting relief work for over 25,000 people affected by floods in Uttarakhand, Reliance Foundation Chairperson Nita Ambani has said that it is the dedication and sincerity towards lending a helping hand that matters more than money during times of natural calamities.

Man offered money to kill 'Mohammad Deepak' to gain followers

Man offered money to kill 'Mohammad Deepak' to gain followers

Rediff.com10 Feb 2026

Police in Kotdwar have identified a man who allegedly offered a reward for the killing of a gym owner, Deepak Kumar, following a dispute over a shop name. The accused claimed he posted the message on social media to increase his follower count.

ATM Fraud Ring Busted: Mastermind Arrested in Delhi

ATM Fraud Ring Busted: Mastermind Arrested in Delhi

Rediff.com8 Apr 2026

Delhi Police have arrested a man suspected of leading an organised ATM fraud gang involved in over 50 cases of cheating. The arrest has resolved at least five cases, with the accused linked to numerous incidents across Delhi.

Sack Hardik, Mahela! What Mumbai Indians MUST FIX URGENTLY

Sack Hardik, Mahela! What Mumbai Indians MUST FIX URGENTLY

Rediff.com5 May 2026

After a disappointing IPL 2026 season, Mumbai Indians face critical decisions to rebuild their team and restore their legacy. From captaincy changes to squad adjustments, here are the key steps they must take to revive their fortunes.

War, Elections Take Backseat As IPL Fever Reigns Supreme

War, Elections Take Backseat As IPL Fever Reigns Supreme

Rediff.com4 Apr 2026

In crowded Mumbai trains, passengers, despite being crushed and unable to breathe, watch the IPL action on their phones. Oxygen may be optional, but the live score is not.

Kanpur Teenager Murders Classmate Over Rs 500 Debt at Wedding Venue

Kanpur Teenager Murders Classmate Over Rs 500 Debt at Wedding Venue

Rediff.com24 Mar 2026

A 16-year-old boy in Kanpur, India, allegedly stabbed his 15-year-old classmate to death at a wedding venue over an unpaid debt of Rs 500.

Kerala CM denounces 'unacceptable' student suicide, vows investigation

Kerala CM denounces 'unacceptable' student suicide, vows investigation

Rediff.com14 Apr 2026

Kerala's Chief Minister Pinarayi Vijayan has condemned the alleged suicide of a student, vowing a thorough investigation into claims of caste-based harassment and loan app involvement.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

BCCL halts Dhanbad mining operations after workers' protest over wages

BCCL halts Dhanbad mining operations after workers' protest over wages

Rediff.com7 Apr 2026

Bharat Coking Coal Ltd (BCCL) has suspended coal mining and dispatch operations at its ABOCP mine in Dhanbad since April 2, following a protest by local workers demanding full-time wages and benefits.

1 Crore Robbery in Hyderabad: Chilli Powder Attack Leads to Arrests

1 Crore Robbery in Hyderabad: Chilli Powder Attack Leads to Arrests

Rediff.com17 Mar 2026

Two men were robbed of 1 crore in Hyderabad after being attacked with chilli powder. Police have arrested three suspects and recovered some of the stolen cash.

Accountant Embezzles Over Rs 6 Crore from Bokaro Treasury

Accountant Embezzles Over Rs 6 Crore from Bokaro Treasury

Rediff.com10 Apr 2026

An accountant in Bokaro district, India, has been arrested for allegedly embezzling over Rs 6 crore from the treasury's salary disbursement account. Investigations are ongoing to determine the full extent of the fraud.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

'Let's Think Of Around 15% Returns Over 12 Months'

'Let's Think Of Around 15% Returns Over 12 Months'

Rediff.com14 Apr 2026

'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Rediff.com15 Mar 2026

A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.

'Real Issue Is Land, Not Religion In Assam'

'Real Issue Is Land, Not Religion In Assam'

Rediff.com5 May 2026

'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'

Debt-ridden man kills grandfather over monetary dispute

Debt-ridden man kills grandfather over monetary dispute

Rediff.com8 Mar 2026

A young man in Kaushambi, Uttar Pradesh, allegedly murdered his grandfather with a sharp weapon following a monetary dispute and a previous attempt to poison him, police said.

Why Insurance Claims Get Rejected

Why Insurance Claims Get Rejected

Rediff.com15 Apr 2026

'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'

Kerala Opposition Leader Criticises CM Vijayan's Choice of Words and Government Spending

Kerala Opposition Leader Criticises CM Vijayan's Choice of Words and Government Spending

Rediff.com24 Mar 2026

Kerala's Leader of Opposition, V.D. Satheesan, has criticised Chief Minister Pinarayi Vijayan and CPI(M) leaders for their language and government spending on advertising.

'Stay Away From Equities. Buy Gold'

'Stay Away From Equities. Buy Gold'

Rediff.com31 Mar 2026

'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'

Hyderabad Police Constable Suspended Over Indiscipline and Dereliction of Duty

Hyderabad Police Constable Suspended Over Indiscipline and Dereliction of Duty

Rediff.com14 Mar 2026

A police constable in Hyderabad was suspended following allegations of indiscipline and dereliction of duty. The constable then made counter-allegations of harassment and posted a video claiming he was committing suicide, which police dismissed as a fabrication.

How BJP's Setback On Women's Bill Fuels Mamata's Attack

How BJP's Setback On Women's Bill Fuels Mamata's Attack

Rediff.com18 Apr 2026

West Bengal Chief Minister Mamata Banerjee criticised the BJP after the central government failed to pass a Constitution amendment bill for women's quota in legislatures, accusing the BJP of using the bill as a political ploy to divide the country and Bengal.

Samrat Choudhary's govt wins trust vote in Bihar assembly

Samrat Choudhary's govt wins trust vote in Bihar assembly

Rediff.com24 Apr 2026

The BJP-led government in Bihar secured a vote of confidence in the state assembly, with Chief Minister Samrat Choudhary pledging economic development and significant investments. The motion was passed amidst heated debates and accusations between the ruling NDA and the opposition, highlighting political tensions and differing views on issues like women's reservation.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

SC refuses to change religious practices at Banke Bihari temple in UP

SC refuses to change religious practices at Banke Bihari temple in UP

Rediff.com13 Apr 2026

The Supreme Court has stated it will not make structural changes to religious practices at the Bankey Bihari temple in Vrindavan, hearing a petition challenging administrative decisions affecting traditions.

Is The Tata Legacy Losing Its Shine?

Is The Tata Legacy Losing Its Shine?

Rediff.com27 Apr 2026

Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.

Karnataka Man Arrested for Killing Teacher Over Rs 13 Lakh Debt

Karnataka Man Arrested for Killing Teacher Over Rs 13 Lakh Debt

Rediff.com8 Apr 2026

A 27-year-old man in Karnataka has been arrested for allegedly murdering a teacher who repeatedly demanded repayment of a Rs 13 lakh loan. The accused allegedly attacked the victim with a sharp weapon and attempted to destroy evidence by setting the body on fire.

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Rediff.com28 Mar 2026

A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.