News for 'Money Matters'

Nehru Should Have Retired In 1957

Nehru Should Have Retired In 1957

Rediff.com13 Nov 2025

...a time when his legacy ledger was still positive and before the debacle against China. With every subsequent election, our leaders tend to become weaker. India should consider passing a law that no person should hold the highest office in our country for more than two terms, points out Harishchandra.

ED offers Flipkart to close FEMA violation case by paying penalty

ED offers Flipkart to close FEMA violation case by paying penalty

Rediff.com12 Oct 2025

The Enforcement Directorate (ED) is learnt to have offered the option of closing a FEMA violation case against e-commerce major Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development said.

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

Rediff.com26 Sep 2025

The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

Cyberslavery: Agent Arrested In Mumbai

Cyberslavery: Agent Arrested In Mumbai

Rediff.com18 Sep 2025

The Mumbai police, currently investigating a cyber slavery case involving five individuals trafficked to Laos under the pretext of job offers in Thailand, arrested the prime accused on Wednesday.

Women's WC: Rana oozes confidence ahead of crucial Australia clash

Women's WC: Rana oozes confidence ahead of crucial Australia clash

Rediff.com11 Oct 2025

Team has shown a lot of character, and we are facing Australia with a positive mindset: Sneh Rana

'Achyutji Was Hungry For Work'

'Achyutji Was Hungry For Work'

Rediff.com19 Aug 2025

'He was a true actor, not in this for fame or money, but just for the sake of being in front of the camera.'

Tentative Truce In Tata Trusts: BusinessLine Report

Tentative Truce In Tata Trusts: BusinessLine Report

Rediff.com23 Oct 2025

After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Rediff.com14 Oct 2025

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.

'Fans Threaten Me And Say...'

'Fans Threaten Me And Say...'

Rediff.com20 Oct 2025

'...and say that if I don't wear a sari, they will unfollow me.' 'Today, if I have 2.9 million followers on Instagram, out of that, the majority is from the South.' 'Telugu has given me the most fame and money.'

'India can be at forefront of where women's cricket can go'

'India can be at forefront of where women's cricket can go'

Rediff.com24 Oct 2025

With the WPL finding its pride of place in the calendar, India can be at the forefront of where women's cricket can potentially reach, legendary New Zealand skipper Sophie Devine said.

The Woman Who Dared To Democratise Wealth

The Woman Who Dared To Democratise Wealth

Rediff.com24 Oct 2025

'Success isn't about a single brilliant idea; it's about the relentless execution, the ability to withstand the storms, and the unwavering belief in your mission, even when no one else sees it,' Madhu Lunawat, founder, The Wealth Company.

Will Tata Sons Get RBI Relief?

Will Tata Sons Get RBI Relief?

Rediff.com24 Oct 2025

Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.

'From March 2026, India Should Resume Long-Term Uptrend'

'From March 2026, India Should Resume Long-Term Uptrend'

Rediff.com29 Sep 2025

'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'

UPI transactions will continue to remain free

UPI transactions will continue to remain free

Rediff.com1 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

From 35 To 6: NITI Aayog's Tax Trim Plan

From 35 To 6: NITI Aayog's Tax Trim Plan

Rediff.com11 Oct 2025

While the new income tax law replaces the Income Tax Act, 1961 and omits 13 offences, 35 actions and omissions continue to attract criminal liability under 13 provisions.

SC asks dog lovers, NGOs to deposit Rs 25K, Rs 2 lakh

SC asks dog lovers, NGOs to deposit Rs 25K, Rs 2 lakh

Rediff.com22 Aug 2025

The Supreme Court has asked 'dog lovers' and NGOs opposing the permanent relocation of stray dogs in Delhi-NCR to deposit funds to be heard in the matter. The funds will be used for stray dog infrastructure.

Shapoorji Pallonji calls for public listing of Tata Sons

Shapoorji Pallonji calls for public listing of Tata Sons

Rediff.com10 Oct 2025

SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.

India's Russian oil import rebounds in Oct after dip in Q2

India's Russian oil import rebounds in Oct after dip in Q2

Rediff.com17 Oct 2025

India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data.

Infosys Q2 profit up 13% to Rs 7,364 crore

Infosys Q2 profit up 13% to Rs 7,364 crore

Rediff.com17 Oct 2025

IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.

Maharajah of tariffs coming to table: Trump aide on India

Maharajah of tariffs coming to table: Trump aide on India

Rediff.com16 Sep 2025

Ahead of trade talks between Indian and United States officials in Delhi, White House trade advisor Peter Navarro said India, which has the 'highest tariffs' of any major country, is 'coming to the table'.

ICICI Bank gets Rs 49 cr GST demand notice

ICICI Bank gets Rs 49 cr GST demand notice

Rediff.com17 Sep 2025

ICICI Bank on Wednesday said tax authorities have slapped a demand notice of Rs 49.11 crore on it for alleged short payment of GST.

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

MFs Vs PMS: What Fits Your Portfolio?

MFs Vs PMS: What Fits Your Portfolio?

Rediff.com16 Sep 2025

MFs offer scale, simplicity, liquidity, and tax efficiency, and are an excellent vehicle for disciplined SIP investing. PMS is better suited for larger portfolios with equity allocation of Rs 3 crore to Rs 5 crore.

Nimisha has to 1st get pardon and then pay...: Petitioner to SC

Nimisha has to 1st get pardon and then pay...: Petitioner to SC

Rediff.com18 Jul 2025

"They (government) are taking good care of whatever is possible," the bench observed.

TCS allegedly forced around 2,500 employees in Pune to resign: NITES

TCS allegedly forced around 2,500 employees in Pune to resign: NITES

Rediff.com1 Oct 2025

India's largest IT firm Tata Consultancy Services has allegedly forced around 2,500 employees in Pune to resign from their jobs, the IT employees' body NITES said in a letter to Maharashtra Chief Minister on Wednesday.

''Consumers Must Get Real Benefit Of GST Cuts'

''Consumers Must Get Real Benefit Of GST Cuts'

Rediff.com12 Sep 2025

'In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.'

Sebi's Valid UPI Initiative Sees Hiccups

Sebi's Valid UPI Initiative Sees Hiccups

Rediff.com1 Oct 2025

The new UPI IDs will follow formats such as abc.bkr@validhdfc or xyz.mf@validhdfc. For easier recognition, they will also carry a white 'thumbs up' icon inside a green triangle.

Provident Fund Problems? Your Qs Answered

Provident Fund Problems? Your Qs Answered

Rediff.com13 Oct 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

'Life Possesses No Value In Our System'

'Life Possesses No Value In Our System'

Rediff.com30 Oct 2025

'A bus driver should possess a comprehensive road plan: Toll plazas, major hospitals, road conditions, repairs, diversions, and dangerous areas.' 'Only through such preparation can we save lives.' 'Otherwise, simply sitting in the driver's seat and pressing the accelerator -- anyone can do that.'

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

Home Loans: Banks Roll Out Festive Offers

Home Loans: Banks Roll Out Festive Offers

Rediff.com6 Oct 2025

'Do exhaustive research and then select the one that best fits your budget and requirements.'

Joint Property? Keep Funding Proof Ready

Joint Property? Keep Funding Proof Ready

Rediff.com30 Sep 2025

'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'

'Patience On The Markets Will Be Rewarded'

'Patience On The Markets Will Be Rewarded'

Rediff.com18 Sep 2025

'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'

Robert Vadra received Rs 58 cr as 'proceeds of crime' in land deal: ED

Robert Vadra received Rs 58 cr as 'proceeds of crime' in land deal: ED

Rediff.com10 Aug 2025

The Enforcement Directorate (ED) has alleged that Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, provided evasive responses during questioning regarding a 2008 land deal in Haryana. The ED claims Vadra placed blame on deceased associates and exerted undue influence on government officials.

Governors can't withhold assent to bills for eternity: SC

Governors can't withhold assent to bills for eternity: SC

Rediff.com29 Aug 2025

The Supreme Court has questioned the practice of Governors withholding assent to bills indefinitely, stating that it renders the constitutional provision of 'as soon as possible' meaningless.

Inside The Tata Trusts Showdown: A House Divided

Inside The Tata Trusts Showdown: A House Divided

Rediff.com9 Oct 2025

A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.

Nothing much we can do: Govt to SC on Indian nurse's execution in Yemen

Nothing much we can do: Govt to SC on Indian nurse's execution in Yemen

Rediff.com14 Jul 2025

The Indian government is making every possible effort to save an Indian nurse facing execution in Yemen for murder, the Centre told the Supreme Court.

SEBI Stands Firm Against Jane Street

SEBI Stands Firm Against Jane Street

Rediff.com10 Sep 2025

'The investigation is at a very critical stage. We are not going to give every single document.'

'BJP Is On Shaky Ground In Gujarat'

'BJP Is On Shaky Ground In Gujarat'

Rediff.com18 Oct 2025

'The BJP will win comfortably if the Congress and AAP fight separately -- though not with 162 seats.' 'But if they form an alliance, it will become a major problem for the BJP. That's precisely why this expansion is happening now.'