News for 'Rediff Money'

Rupee Fall Exposes India's Economic Weakness

Rupee Fall Exposes India's Economic Weakness

Rediff.com27 May 2026

We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

Delhi Police Arrests Consultant In Immigration Fraud Case

Delhi Police Arrests Consultant In Immigration Fraud Case

Rediff.com17 May 2026

Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

Rediff.com15 May 2026

Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.

'Vijay Brings A Modern Look As Youth Are With Him'

'Vijay Brings A Modern Look As Youth Are With Him'

Rediff.com4 Jun 2026

'Present day youth are not interested in the past. They want to see what you are going to do now.'

'The Way You Buy Is Going To Change'

'The Way You Buy Is Going To Change'

Rediff.com6 Jun 2026

'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'

SIF Accounts Cross 50,000 Milestone

SIF Accounts Cross 50,000 Milestone

Rediff.com4 Jun 2026

The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.

India's Services PMI Hits 6-Month High in May Amid Robust Demand

India's Services PMI Hits 6-Month High in May Amid Robust Demand

Rediff.com3 Jun 2026

India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

IIT Guwahati Develops Innovative Semiconductor Platform

IIT Guwahati Develops Innovative Semiconductor Platform

Rediff.com3 Jun 2026

'Our research demonstrates the potential of perovskite-based semiconductor technologies for next-generation solar cells and memory devices.'

Household Healthcare Costs Rise Again

Household Healthcare Costs Rise Again

Rediff.com4 Jun 2026

Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.

UPI Transactions Surge To Record Highs In May: Key Drivers

UPI Transactions Surge To Record Highs In May: Key Drivers

Rediff.com1 Jun 2026

UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Rediff.com12 Jun 2026

Main Vaapas Aaunga transcends its flaws to deliver a profoundly moving plea for humanity, anchored by heartbreakingly brilliant performances, observes Sreeju Sudhakaran.

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Rediff.com23 May 2026

Gujarat cyber police have arrested 13 individuals allegedly involved in a network responsible for 982 cyber crimes across India, resulting in losses of over Rs 631 crore.

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Rediff.com3 Jun 2026

Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.

The Doctor Who Saved Thousands Of Babies

The Doctor Who Saved Thousands Of Babies

Rediff.com19 Jun 2026

Thousands and thousands and thousands of adults owe their lives to the commitment and medical fervour of Dr Armida Fernandez, who a grateful nation honoured with the Padma Shri this year.

Datanomics: Sending money from US to India gets costlier

Datanomics: Sending money from US to India gets costlier

Rediff.com20 Jan 2026

Sending money from the US to India has become costlier after a 1% excise tax on cash-based remittances took effect from January 1, 2026.

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Rediff.com4 Jun 2026

Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".

Markets to Track West Asia Situation, Crude Oil Prices This Week

Markets to Track West Asia Situation, Crude Oil Prices This Week

Rediff.com10 May 2026

Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

Thane Police Solve Civil Engineer Murder Case, Arrest Nurse

Thane Police Solve Civil Engineer Murder Case, Arrest Nurse

Rediff.com15 May 2026

Thane police have solved the murder case of a 24-year-old civil engineer, Arbaz Khan, whose body was found in a drum in a nullah in Vasai. A nurse, Mehjabin Sheikh, and her brother have been arrested in connection with the crime, which stemmed from a failed extortion attempt.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com19 May 2026

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

Rediff.com3 Jun 2026

Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.

GST 2.0 guidelines fail to resolve refund delays for large taxpayers

GST 2.0 guidelines fail to resolve refund delays for large taxpayers

Rediff.com3 Jun 2026

Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Haryana Hospital Raided For Illegal Sex Determination Operation

Haryana Hospital Raided For Illegal Sex Determination Operation

Rediff.com21 May 2026

Haryana health officials busted an alleged illegal sex determination operation at Aayu Hospital in Gurugram, leading to the arrest of a radiologist and the sealing of an ultrasound machine.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com1 Jun 2026

Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.

Maruti, Kia hit record sales in May, defying fuel price surge

Maruti, Kia hit record sales in May, defying fuel price surge

Rediff.com1 Jun 2026

Indian carmakers, including Maruti Suzuki and Kia India, reported robust sales growth in May 2026, with both companies achieving their highest-ever monthly sales despite rising fuel prices. Maruti Suzuki's domestic sales surged to 1,93,535 units, while Kia India recorded 27,586 units, driven by strong demand in mini and compact segments and a shift towards electric and CNG vehicles.

India Emerges As A Leader In Digital Economy And AI

India Emerges As A Leader In Digital Economy And AI

Rediff.com29 May 2026

A new report indicates India has become the world's fifth most digitalised economy and ranks fourth globally in AI performance, driven by increasing AI adoption and a strong digital infrastructure.

Bromocriptine To Marocain: Scripps Bee Winning Words

Bromocriptine To Marocain: Scripps Bee Winning Words

Rediff.com1 Jun 2026

From marocain to bromocriptine, the Scripps National Spelling Bee has challenged young wordsmiths with some of the English language's most obscure and fascinating words over the past decade.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

ED Attaches 200 Crore Assets of TDI Infrastructure in Money Laundering Probe

ED Attaches 200 Crore Assets of TDI Infrastructure in Money Laundering Probe

Rediff.com6 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 200 crore belonging to TDI Infrastructure Limited in connection with a money-laundering investigation related to alleged fraud against homebuyers.

What Investors Should Know About SIFs

What Investors Should Know About SIFs

Rediff.com19 May 2026

Investors can begin investing in mutual funds with as little as Rs 100.

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

Rediff.com1 Jun 2026

India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Trent targets 10x revenue milestone, eyes international markets: Noel Tata

Trent targets 10x revenue milestone, eyes international markets: Noel Tata

Rediff.com31 May 2026

Tata Group retail firm Trent, owner of Westside and Zudio, is confident of achieving a ten-fold increase in revenue in the 'not-so-distant future' and plans to take its homegrown brands to international markets, said Chairman Noel N Tata.