News for 'RS7'

Mutual funds' cash holding fell in Sep amid decline in inflows

Mutual funds' cash holding fell in Sep amid decline in inflows

Rediff.com17 Oct 2025

Cash holdings of equity mutual fund (MF) schemes moderated in September amid a slowdown in fresh inflows. Equity MF schemes held cash worth Rs 1.76 trillion at the end of September 2025 - about Rs 400 crore lower than the previous month, according to a report by Nuvama Alternative & Quantitative Research.

Why ecom platforms are under govt lens

Why ecom platforms are under govt lens

Rediff.com4 Oct 2025

The Ministry of Consumer Affairs is looking into complaints of additional charges being levied by ecommerce platforms when customers choose cash-on-delivery (COD) option instead of paying while ordering items. "The Department of Consumer Affairs has received complaints against ecommerce platforms charging extra for cash-on-delivery, a practice classified as a dark pattern that misleads and exploits consumers," Pralhad Joshi, Union minister of consumer affairs, wrote on X on Friday afternoon.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Guess How Much Mrunal's Bag Costs!

Guess How Much Mrunal's Bag Costs!

Rediff.com8 Oct 2025

If there's one fashion accessory celebrities swear by, it's probably their designer handbags.

PhonePe seeks Sebi nod for IPO; submits papers

PhonePe seeks Sebi nod for IPO; submits papers

Rediff.com24 Sep 2025

Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".

IPL Retentions: Who Are In, Who Are Out?

IPL Retentions: Who Are In, Who Are Out?

Rediff.com16 Nov 2025

Ahead of the mini-auction, scheduled to be held in Doha on December 26, the 10 franchises have released their list of retained and released players.

Kingpin in Rs 252-cr meow-meow haul nabbed after Dubai deportation

Kingpin in Rs 252-cr meow-meow haul nabbed after Dubai deportation

Rediff.com23 Oct 2025

Mumbai police have arrested Mohammed Salim Mohammed Suhail Shaikh, a key accused in a Rs 252-crore mephedrone seizure case, after his deportation from Dubai. Shaikh, known as 'Lavish,' is a member of an international drug syndicate and managed the supply and distribution chain from Dubai.

Teacher suspended after picture of cheque with spelling errors goes viral

Teacher suspended after picture of cheque with spelling errors goes viral

Rediff.com5 Oct 2025

A government school teacher in Sirmaur district in Himachal Pradesh has been suspended, days after a photo of a cheque issued by him -- riddled with glaring spelling errors -- surfaced on social media, sparking concern over the quality of education in state-run schools.

Former Barca teammate to join Messi's India tour!

Former Barca teammate to join Messi's India tour!

Rediff.com11 Oct 2025

"Game Set Match... So it's now confirmed and official. World Cup winner Argentine superstar Rodrigo De Paul and Uruguayan and Barcelona legend Luis Surez will join Messi for the 'GOAT Tour to India 2025' Vamos," posted organiser Satadru Dutta on social media.

South city added to itinerary as Messi tour goes Pan-India!

South city added to itinerary as Messi tour goes Pan-India!

Rediff.com1 Nov 2025

Lionel Messi's much-anticipated 'GOAT Tour to India 2025' just got bigger with Hyderabad added as the new southern leg stop to ensure fans in the region are not "deprived" of seeing their idol following the cancellation of Argentina's proposed friendly in Kerala.

Ports are being developed as hubs of green hydrogen production

Ports are being developed as hubs of green hydrogen production

Rediff.com29 Oct 2025

The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.

Equity MF inflows drop 22% in Aug on lower NFO activity

Equity MF inflows drop 22% in Aug on lower NFO activity

Rediff.com10 Sep 2025

Inflow in equity mutual funds dropped by 22 per cent to Rs 33,430 crore in August primarily due to a sharp fall in new fund offers (NFOs), data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 54th consecutive month of net inflows into the segment.

GST reforms injected Rs 2 lakh crore into economy: Sitharaman

GST reforms injected Rs 2 lakh crore into economy: Sitharaman

Rediff.com17 Sep 2025

Union Finance Minister Nirmala Sitharaman on Wednesday said the Next Gen GST reforms have infused Rs 2 lakh crore into the economy, which has left people with more cash on hand, which otherwise would have gone to taxes.

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

Rediff.com17 Apr 2025

India's second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago period.

India Inc hits bond mkt to raise over Rs 17,500 cr

India Inc hits bond mkt to raise over Rs 17,500 cr

Rediff.com15 Oct 2025

Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Equity MF inflows fell 9% in Sep; gold, silver ETFs dazzled

Equity MF inflows fell 9% in Sep; gold, silver ETFs dazzled

Rediff.com11 Oct 2025

Net inflows into equity mutual funds (MFs) moderated for the second straight month in September, declining 9 per cent during the month to Rs 30,422 crore. The slowdown came as redemptions from active equity schemes rose 30 per cent month-on-month (M-o-M) to a one-year high of around Rs 36,000 crore.

Ranji Trophy: Young Kushagra dazzles with double ton

Ranji Trophy: Young Kushagra dazzles with double ton

Rediff.com9 Nov 2025

Jharkhand''s Kumar Kushagra slams double-ton against Baroda in Ranji Trophy

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

Why SIP Beats EMI in the Long Run

Why SIP Beats EMI in the Long Run

Rediff.com29 Oct 2025

EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan

Why Modi plans to transfer Rs 10K each to Bihar's 75 lakh women

Why Modi plans to transfer Rs 10K each to Bihar's 75 lakh women

Rediff.com25 Sep 2025

Prime Minister Narendra Modi will launch Bihar's 'Mukhyamantri Mahila Rojgar Yojana' on Friday and transfer Rs 10,000 each to the bank accounts of 75 lakh women across the state, totalling Rs 7,500 crore.

Days before Modi's visit, tension flares in Manipur

Days before Modi's visit, tension flares in Manipur

Rediff.com11 Sep 2025

Miscreants clashed with security forces at two places in Kuki-majority Churachandpur district of Manipur on Thursday evening, days ahead of Prime Minister Narendra Modi's visit to the northeastern state, officials said.

Guess How Much Hardik's Watch Costs!

Guess How Much Hardik's Watch Costs!

Rediff.com10 Sep 2025

Hardik Pandya turned heads off the field, wearing a jaw-dropping a Richard Mille RM 27-04 watch during Asia Cup training, valued between Rs 15 crore and Rs 20 crore.

Will Kantara Storm The Diwali Box Office?

Will Kantara Storm The Diwali Box Office?

Rediff.com27 Sep 2025

It's 'not looking like a Diwali lineup, which is usually grand and has superstar movies.'

How To Save Money Under New Tax Regime

How To Save Money Under New Tax Regime

Rediff.com3 Oct 2025

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

BCCI's cash soars by Rs 4,193 Cr in just one year

BCCI's cash soars by Rs 4,193 Cr in just one year

Rediff.com7 Sep 2025

The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.

Bihar's Populist Promises Clash With Fragile Economy

Bihar's Populist Promises Clash With Fragile Economy

Rediff.com15 Oct 2025

A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.

How Much Will Digital Census 2027 Cost?

How Much Will Digital Census 2027 Cost?

Rediff.com20 Sep 2025

The 2027 Census may cost a bit more due to the proposed use of apps and smartphones by the 3.4 million enumerators who will collect comprehensive data much more efficiently than in earlier times.

Hotel Industry Faces Crores in GST Demands

Hotel Industry Faces Crores in GST Demands

Rediff.com29 Sep 2025

'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'

Modi's Manipur outreach is part of 5-state visit

Modi's Manipur outreach is part of 5-state visit

Rediff.com12 Sep 2025

Prime Minister Narendra Modi is scheduled to visit Mizoram, Manipur, Assam, West Bengal, and Bihar to launch infrastructure projects, participate in Bhupen Hazarika's birth centenary, and attend the Combined Commanders' Conference.

In first visit since unrest, Modi to unveil Rs 1,200 cr projects in Manipur

In first visit since unrest, Modi to unveil Rs 1,200 cr projects in Manipur

Rediff.com12 Sep 2025

Prime Minister Narendra Modi is set to inaugurate and lay the foundation stones for various development projects worth thousands of crores in Manipur, marking his first visit since ethnic violence broke out in the state. The visit includes interaction with internally displaced persons and the launch of infrastructure projects across multiple sectors.

Adar Poonawalla Wants To Buy RCB

Adar Poonawalla Wants To Buy RCB

Rediff.com1 Oct 2025

It is not yet clear if Diageo Plc is looking to sell its complete stake in RCB.

FM unveils six new schemes, raises KCC limit to Rs 7 lakh

FM unveils six new schemes, raises KCC limit to Rs 7 lakh

Rediff.com1 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh, targeting everything from unemployment to crop productivity enhancement across the country. Presenting her eighth budget speech in Parliament, Sitharaman positioned agriculture as "the first engine of growth" and unveiled the Prime Minister Dhan-Dhaanya Krishi Yojana, a flagship program targeting 100 agri-districts grappling with low productivity, moderate crop intensity, and below-average credit parameters.

SC orders preserving body of Maoist commander in fake encounter case

SC orders preserving body of Maoist commander in fake encounter case

Rediff.com26 Sep 2025

The Supreme Court has directed the Chhattisgarh police to preserve the body of top Maoist commander Katha Ramchandra Reddy, who was killed in an alleged fake encounter. The court has instructed that the body not be buried or cremated until the high court decides on the plea alleging a fake encounter and torture.

In Manipur, Modi vows to turn state into 'symbol of peace'

In Manipur, Modi vows to turn state into 'symbol of peace'

Rediff.com13 Sep 2025

Modi said peace is paramount for development, and the Centre is committed to achieving it.

0% GST On Health Insurance: Will You Really Benefit?

0% GST On Health Insurance: Will You Really Benefit?

Rediff.com11 Sep 2025

Reduction of GST on health insurance premium from 18% to 0% looks like a straight 18% reduction in what consumers pay. The truth, however, is...

Want to buy items gifted to Modi? Check this out

Want to buy items gifted to Modi? Check this out

Rediff.com17 Sep 2025

An e-auction of over 1,300 items gifted to Prime Minister Narendra Modi has begun, featuring items such as a statue of Goddess Bhavani, an Ayodhya Ram Temple model, and sports memorabilia from the 2024 Paralympic Games. Proceeds will go to the Namami Gange project.

Param Sundari Gets A Good Opening

Param Sundari Gets A Good Opening

Rediff.com1 Sep 2025

After the disappointment of War 2, there was some respite this weekend as Param Sundari managed to have a decent opening at the box office.

Rs 10L Trading Profit: 'How Much Tax Will I Pay?'

Rs 10L Trading Profit: 'How Much Tax Will I Pay?'

Rediff.com7 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.