News for 'New Bank'

Midcap, Smallcap Indices Scale Record Highs

Midcap, Smallcap Indices Scale Record Highs

Rediff.com14 Jul 2026

'Midcaps and smallcaps are the 'go-to segments' for retail investors.'

Sensex, Nifty Rise on IT Surge, Softer US Jobs Data

Sensex, Nifty Rise on IT Surge, Softer US Jobs Data

Rediff.com3 Jul 2026

Indian benchmark equity indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by a rally in IT stocks and global cues suggesting a more accommodative monetary policy after softer-than-expected US jobs data.

Farmer gets alert for 1-paisa as PM-Kisan payout, govt calls it 'glitch'

Farmer gets alert for 1-paisa as PM-Kisan payout, govt calls it 'glitch'

Rediff.com30 Jun 2026

A farmer in Maharashtra received a message indicating a one-paisa credit instead of the expected Rs 2,000 under the PM-Kisan scheme, causing confusion. The Agriculture Department later clarified it was a technical error and the full instalment had been successfully processed.

Two Arrested In UP Over Surat Bank Robbery

Two Arrested In UP Over Surat Bank Robbery

Rediff.com4 May 2026

Two individuals have been apprehended in Uttar Pradesh in connection with the Rs 50 lakh robbery at a State Bank of India branch in Surat.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

Jaspreet Kaur, Jhandu Kumar's Inspiring Para Powerlifting Journey

Jaspreet Kaur, Jhandu Kumar's Inspiring Para Powerlifting Journey

Rediff.com15 Jul 2026

Jaspreet Kaur and Jhandu Kumar, two Indian para powerlifters, have overcome significant personal challenges, including polio and poverty, to qualify for the upcoming Commonwealth Games.

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Rediff.com3 Jul 2026

Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.

Delhi Metro Partners With Airtel Bank For NCMC Cards

Delhi Metro Partners With Airtel Bank For NCMC Cards

Rediff.com10 May 2026

The Delhi Metro Rail Corporation has partnered with Airtel Payments Bank to launch co-branded RuPay National Common Mobility Cards (NCMC), enabling seamless payments across various transit networks nationwide.

Wholesale Price Inflation Climbs to 9.87% in June, Driven by Food and Mineral Costs

Wholesale Price Inflation Climbs to 9.87% in June, Driven by Food and Mineral Costs

Rediff.com14 Jul 2026

India's wholesale price inflation (WPI) increased to 9.87 per cent in June, up from 9.68 per cent in May, primarily due to significant price increases in non-food and food products, with food inflation alone rising to 5.49 per cent.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

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.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Rediff.com12 Jul 2026

Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.

Ram Temple donation row: Rs 79.85L recovered; 8 accused in police custody

Ram Temple donation row: Rs 79.85L recovered; 8 accused in police custody

Rediff.com26 Jun 2026

Eight individuals arrested in connection with the alleged embezzlement of donations at the Ram temple in Ayodhya have been remanded in police custody until June 29. Investigators have recovered Rs 79.85 lakh and invoked charges under criminal breach of trust and the Prevention of Corruption Act, as several accused were bank employees involved in counting cash donations.

Should You Buy 30-Year Government Bonds?

Should You Buy 30-Year Government Bonds?

Rediff.com14 Jul 2026

Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.

Odisha man who carried sister's skeleton 'forgives' bank officials

Odisha man who carried sister's skeleton 'forgives' bank officials

Rediff.com3 May 2026

Jeetu Munda, who carried his sister's skeleton to a bank in Odisha to withdraw money, has stated he does not want action taken against the bank officials after they released the funds. He received approximately Rs 15 lakh in donations following the incident.

Indian Equities Decline for Second Day, IT Sector Drags Market

Indian Equities Decline for Second Day, IT Sector Drags Market

Rediff.com30 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.

Had no role in daily donation collection at Ram Temple: Trust treasurer

Had no role in daily donation collection at Ram Temple: Trust treasurer

Rediff.com5 Jul 2026

Under the lens over serious lapses in the donation management system at the Ram Mandir in Ayodhya, the treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, Govind Dev Giri, has said that all audit reports were "safe" and that he had no role in the daily donation collection process at the temple.

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Rediff.com22 Jun 2026

Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.

Fear grips Ram Temple donation counting staffers as 50% quit amid probe

Fear grips Ram Temple donation counting staffers as 50% quit amid probe

Rediff.com10 Jul 2026

Over half of the employees engaged in counting donations at the Ram temple have resigned amid the ongoing investigation into the alleged embezzlement of offerings, reducing the strength of counting personnel to just around a dozen, sources said on Friday.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Rediff.com8 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, driven by renewed tensions between the US and Iran and a subsequent spike in global crude oil prices, creating uncertainty in the market. Track Sensex, Nifty on July 8.

Should You Buy The Nothing Phone (4b)?

Should You Buy The Nothing Phone (4b)?

Rediff.com8 Jul 2026

Nothing has expanded its smartphone portfolio with the launch of the Nothing Phone (4b), a feature-packed mid-range handset that combines a Snapdragon processor, a large 6,000mAh battery, dual rear cameras and the brand's signature Glyph Bar design.

'Methyl Isocyanate of law': SC flags AI-hallucinated judgments

'Methyl Isocyanate of law': SC flags AI-hallucinated judgments

Rediff.com2 Jul 2026

The Supreme Court of India has issued a strong warning against the use of "non-existent, fake, and hallucinated" judgements generated by artificial intelligence (AI), likening it to "the release of methyl Isocyanate in the province of law and justice: invisible, insidious, and catastrophic." The court set aside an NCLT verdict that relied on such AI-generated precedents.

Oppo Reno 16: Price, Features...

Oppo Reno 16: Price, Features...

Rediff.com7 Jul 2026

This series of smartphones will be available for purchase from July 9 through Amazon, Flipkart and Oppo India's online store. Buyers can choose from three eye-catching finishes, Starry White, Stellar Purple and Twilight Violet.

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

Rediff.com14 Jul 2026

Argentina and England are set to clash in a World Cup semi-final, marking their first such encounter, a match deeply rooted in decades of historical and footballing rivalry, including infamous incidents involving Antonio Rattin, Diego Maradona's 'Hand of God' goal, and the Falklands War.

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.

Croatia bank on Modric for one last World Cup push

Croatia bank on Modric for one last World Cup push

Rediff.com9 Jun 2026

Luka Modric is expected to lead Croatia at what could be his final World Cup as Zlatko Dalic's side aim to continue their remarkable record of success on football's biggest stage despite fitness concerns over their captain.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

Why FPI Selling Hasn't Hurt Markets

Why FPI Selling Hasn't Hurt Markets

Rediff.com13 Jul 2026

Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Rediff.com7 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed lower due to profit-taking after a four-day rally, influenced by weakness in Asian markets, with Trent shares tumbling over 12 per cent.

Odisha CM Seeks Sitharaman's Intervention In Tribal Man's Bank Ordeal

Odisha CM Seeks Sitharaman's Intervention In Tribal Man's Bank Ordeal

Rediff.com2 May 2026

Odisha Chief Minister Naveen Patnaik has requested Union Finance Minister Nirmala Sitharaman's intervention in a case where a tribal man was forced to exhume his sister's skeleton to prove her death to a rural bank in Keonjhar district. Patnaik urged for accountability and empathy in rural banking services.

Why Odisha Bank Asked Man To Bring Sister's Skeleton

Why Odisha Bank Asked Man To Bring Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to prove her death and withdraw her money, sparking outrage and prompting government intervention.

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

Rediff.com4 Jul 2026

Mexico will bid to continue their remarkable World Cup run when they face England in the last 16 on Sunday, with Javier Aguirre's side standing one victory away from a first quarter-final appearance in 40 years.

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

Sensex drops 370 points on renewed geopolitical tensions

Sensex drops 370 points on renewed geopolitical tensions

Rediff.com29 Jun 2026

Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Rediff.com30 Apr 2026

Aditya Puri is one of the cleanest examples we have, in Indian corporate history, of a leader who understood early that the measure of his work was not what happened while he was in the chair. It was what would keep happening when he was no longer there, says Suresh M K.