News for 'Rediff Money'

Government Bats On Front Foot For Defence Exports

Government Bats On Front Foot For Defence Exports

Rediff.com1 days ago

The reforms, undertaken by the Department of Defence Production, remove stakeholder consultation for exports of non-lethal defence items to most destinations, while retaining safeguards for sensitive countries.

Why Bank CEOs Are Walking Away

Why Bank CEOs Are Walking Away

Rediff.com1 days ago

'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com22 minutes ago

'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

Rediff.com1 days ago

Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.

Your KYC Is More Important Than You Think

Your KYC Is More Important Than You Think

Rediff.com11 Aug 2026

Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.

'I Was Scammed on a Matrimonial Web Site'

'I Was Scammed on a Matrimonial Web Site'

Rediff.com14 Aug 2026

rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.

Putin Offers More Fertilisers To India

Putin Offers More Fertilisers To India

Rediff.com7 days ago

Russia remains India's biggest fertiliser supplier, with imports rising nearly 40 per cent in 2025.

Smallcap Funds Double Down On IPOs

Smallcap Funds Double Down On IPOs

Rediff.com21 hours ago

"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."

Tempsens Instruments India sets new record for mainboard IPO listing gains in CY26

Tempsens Instruments India sets new record for mainboard IPO listing gains in CY26

Rediff.com2 days ago

Tempsens Instruments India has emerged as the strongest mainboard IPO debutant of calendar year 2026 so far, delivering a 95.55 per cent gain on its listing day, surpassing all previous top performers and contributing to August being the strongest month for listing gains this year.

Hotel staffer stabbed over 'salty' biryani, 2 juveniles held

Hotel staffer stabbed over 'salty' biryani, 2 juveniles held

Rediff.com7 days ago

Two juveniles, aged 14 and 15, have been apprehended in northeast Delhi's Welcome area after a complaint about food taste at a hotel allegedly escalated into a stabbing incident. A 25-year-old hotel worker was attacked with a knife-like object. Police registered an FIR and recovered the weapon, a vegetable-cutting knife.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

'The Most Valuable Show For Us Is KBC'

'The Most Valuable Show For Us Is KBC'

Rediff.com6 days ago

Sony Pictures Networks India (SPNI) has seen its revenue grow by over 9 per cent to 7,064 crore, driven by the strong performance of SonyLIV, Sony SAB, and Sony Entertainment Television (SET), said Gaurav Banerjee, head of SPNI.

Govt Plans Airport Auction Cap

Govt Plans Airport Auction Cap

Rediff.com22 hours ago

'The number of airport bundles that may be awarded to a single bidder would be capped.'

'How Much Money A Film Has Made, How Much Money It Has Not Made'

'How Much Money A Film Has Made, How Much Money It Has Not Made'

Rediff.com9 Jun 2026

'There is a relationship between the audience and the film, and money should not come in between them.'

Equity MF Inflows Fall 15% In July

Equity MF Inflows Fall 15% In July

Rediff.com12 Aug 2026

Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.

'I Say 'Don't Cast Me, It's Bad For Your Film''

'I Say 'Don't Cast Me, It's Bad For Your Film''

Rediff.com3 days ago

'I've 'de-sold' myself to a few films.'

Building Multiple Layers Health Cover Is A Must

Building Multiple Layers Health Cover Is A Must

Rediff.com17 Aug 2026

Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs.

Yamaha Enters India's 200cc Sportsbike Segment with YZF-R2

Yamaha Enters India's 200cc Sportsbike Segment with YZF-R2

Rediff.com3 days ago

The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com6 days ago

Tata Sons has the balance sheet to support them, for now.

Emraan Hashmi's 10 Biggest Earners

Emraan Hashmi's 10 Biggest Earners

Rediff.com18 Aug 2026

Emraan Hashmi is experiencing a massive career resurgence with Awarapan 2 set to become his highest-grossing film.

Sugar Prices May Ease Soon

Sugar Prices May Ease Soon

Rediff.com7 days ago

Prices had started to ease following the government's decision to allow duty-free imports of 1 mt of raw sugar and would weaken further over the next 7 to 10 days.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com1 days ago

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

How Much Dividend Did Tata Sons Earn Under Chandra?

How Much Dividend Did Tata Sons Earn Under Chandra?

Rediff.com3 days ago

Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Rediff.com5 days ago

Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.

Mumbai Couple Wins Battle Against Builder

Mumbai Couple Wins Battle Against Builder

Rediff.com5 days ago

The Maharashtra State Consumer Disputes Redressal Commission has ordered Rizvi Estates and Hotels Pvt. Ltd. to either rectify defects in a flat or pay 1,50,000 for repairs, along with 50,000 for mental agony and 25,000 for litigation costs, after a couple reported cracks, leakage, and unfulfilled amenities.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com3 hours ago

'Improved law and order and transparent governance have helped change UP's investment image.'

Parineeti Chopra Returns To Work With This Movie

Parineeti Chopra Returns To Work With This Movie

Rediff.com10 Aug 2026

Parineeti Chopra, last seen in Amar Singh Chamkila, is set to make her comeback with Malamaal Weekly 2.

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

Rediff.com4 days ago

Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.

Premiumisation to fuel 8-11% residential sales value growth in top 7 cities by FY27: Icra

Premiumisation to fuel 8-11% residential sales value growth in top 7 cities by FY27: Icra

Rediff.com4 days ago

Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.

NSDC And AWS Launch Major Cloud And AI Skilling Initiative

NSDC And AWS Launch Major Cloud And AI Skilling Initiative

Rediff.com23 Aug 2026

The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.

'Bigger Attacks Always Compromise Humans Than Systems'

'Bigger Attacks Always Compromise Humans Than Systems'

Rediff.com6 days ago

Cybersecurity specialists warn AI-driven attacks require continuous threat monitoring instead of periodic security checks.

Will These Celebrities Feature In Bigg Boss 20?

Will These Celebrities Feature In Bigg Boss 20?

Rediff.com7 days ago

Looking at the unconfirmed list of contestants lining up for the 20th edition of Bigg Boss.

India Ranks Fifth in GenAI Patents

India Ranks Fifth in GenAI Patents

Rediff.com7 days ago

India published 929 generative AI patents in 2024 and 2025 alone -- equating to nearly 70 per cent of the 1,350 patents it published over the entire previous decade (2014 to 2023).

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

Rediff.com4 days ago

The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.

Kanda Express To Lower Onion Prices

Kanda Express To Lower Onion Prices

Rediff.com6 days ago

The Centre has launched dedicated Kanda Express onion trains from Nashik to major cities, releasing buffer stocks at 35/kg to curb a sharp seasonal rise in onion prices.

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Rediff.com23 Aug 2026

Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.

Understanding The Impact Of New MDR On India's UPI Ecosystem

Understanding The Impact Of New MDR On India's UPI Ecosystem

Rediff.com6 days ago

India's UPI system continues its rapid growth, dominating retail payments. Recent amendments to the Payment and Settlement Systems Act allow for targeted Merchant Discount Rates (MDR) on high-value merchant transactions, aiming to create a self-sustaining revenue model for the ecosystem while keeping P2P and low-value payments free. This move could generate significant revenue and encourage ecosystem participation.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com3 days ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

Boom in EV two-wheeler demand creates supply bottleneck in India

Boom in EV two-wheeler demand creates supply bottleneck in India

Rediff.com6 days ago

India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.