Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.
The country's largest lender, the State Bank of India on Wednesday said it will raise car and other personal loan rates, excluding housing and education, by an average of 0.75 per cent.
Processing fees, pre-payment charges add to expenses; also low rates not for all
The crime branch has arrested a telecaller from Uttar Pradesh linked to an illegal loan app, in connection with the alleged suicide of a first-year BDS student in Kannur. The student, Nithin Raj, was reportedly harassed by the loan app operators and also by two college faculty members, who are also accused in the case.
The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.
The Enforcement Directorate has attached assets worth approximately Rs 112.90 crore, including a residential property in Texas, USA, in a money-laundering case. The case involves a Noida-based air-conditioner components manufacturer, LEEL Electricals Limited, and its promoters, accused of defrauding a consortium of banks led by SBI of Rs 376 crore through manipulated financial statements and siphoning off funds.
Don't judge an expensive gadget only by its EMI cost; also consider how many years it will remain useful after you've finished paying for it.
A 40-year-old woman has been arrested in Delhi for allegedly defrauding a resident of Rs 20,000 under the guise of arranging a loan through social media. The accused, Satvinder Kaur, was apprehended after a technical investigation revealed her involvement in the scam.
Avoid builders with very large commitments.
Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.
With the difference between lending rates of banks and NBFCs narrowing, base your choice on urgency of requirement.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
'At the end of the day, it is just another technology produced by the human mind.'
Home, car and personal loans are now certain to be more expensive with the Reserve Bank of India, under pressure to combat rising inflation, on Friday announced stringent steps like raising mandatory cash reserves of banks to suck over Rs 36,000 crore (Rs 360 billion) out of the system.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
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.
The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.
The Delhi high court on Monday granted three weeks to Congress leaders Sonia Gandhi, Rahul Gandhi and others to respond to a plea by the Enforcement Directorate challenging a trial court order that refused to take cognisance of its chargesheet against them in the National Herald-linked money laundering case.
'We currently have new proposals worth Rs 1.48 trillion in the pipeline.'
A finance company in Thane, Maharashtra, has reported being defrauded of Rs 25.96 lakh by five individuals who allegedly mortgaged fake jewellery to obtain loans. Police are investigating the case, which reportedly occurred in 2025.
For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.
'You empower a man, you are not necessarily empowering a family, you are just empowering him.'
Your children may always love you but should you expect them to to finance your retirement in today's economy?
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
When dialogue fails, protest becomes inevitable.
In a democracy, protest is often the only language left once institutions stop listening, explains Ramesh Menon.
'The rise in SIP contributions has created a pool of long-term MF assets that can be pledged for loans.'
Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.
'The order has no practical effect unless and until he chooses to enter Singapore.'
It's happened to all of us at some time or other. You're attending an important meeting or running late for a social engagement and the phone rings.
...and 3 lakh for harassment.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Investors can meet cash needs without selling their securities.
Amid intense speculation that some Shiv Sena-Uddhav Balasaheb Thackeray MPs might switch sides, party chief Uddhav Thackeray on Sunday held a meeting of his faction's Lok Sabha MPs, which all nine lawmakers attended either virtually or in person.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
Chief Minister Devendra Fadnavis has ordered an immediate stay on the controversial Maharashtra Right to Information (RTI) rules following a backlash from transparency advocates and a hunger strike threat by veteran anti-corruption activist Anna Hazare.
Thane police have solved the murder of a Mumbai-based tailor within 48 hours, arresting two men after discovering the victim was killed over an unpaid loan of Rs 3 lakh. The method of tying the victim provided a crucial clue to investigators.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
A 43-year-old man has been arrested in Mumbai for allegedly stealing valuables worth Rs 30 lakh from his girlfriend's house after she refused to lend him money.
