News for 'Rediff Money'

Gangtok Police Nab Suspect in Death of Deaf and Dumb Traffic Assistant

Gangtok Police Nab Suspect in Death of Deaf and Dumb Traffic Assistant

Rediff.com6 days ago

Police in Gangtok have arrested a 19-year-old youth in connection with the murder of a deaf and dumb man known as 'Traffic Laata,' who assisted with traffic management. The suspect confessed to robbery but claims the death was accidental.

Compensation: What Digital Fraud Victims Must Know

Compensation: What Digital Fraud Victims Must Know

Rediff.com23 Mar 2026

Customers will qualify for compensation even if they mistakenly share the OTP.

Govt exceeds FY26 indirect tax collection estimates of Rs 15.52 lakh cr

Govt exceeds FY26 indirect tax collection estimates of Rs 15.52 lakh cr

Rediff.com3 days ago

The Indian government has marginally exceeded its indirect tax collection target for fiscal year 2025-26, with strong performances in customs, excise, and GST revenues.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com1 days ago

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

War, Elections Take Backseat As IPL Fever Reigns Supreme

War, Elections Take Backseat As IPL Fever Reigns Supreme

Rediff.com1 days ago

In crowded Mumbai trains, passengers, despite being crushed and unable to breathe, watch the IPL action on their phones. Oxygen may be optional, but the live score is not.

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com6 days ago

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

Rediff.com4 days ago

From April 1, 2026, the Reserve Bank of India's new authentication directions modernise how every digital payment you make must be verified -- and place the burden of security squarely on your bank, not on you.

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

Rediff.com2 days ago

The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.

Ranchi Police Nab Four in Connection with Restaurant Employee's Murder

Ranchi Police Nab Four in Connection with Restaurant Employee's Murder

Rediff.com18 Mar 2026

Four individuals have been arrested in connection with the murder of a restaurant employee in Ranchi, Jharkhand, linked to an extortion attempt. The arrests followed a gunfight with police, and the investigation has uncovered a network of bank accounts used for illicit transactions.

India's Telecom Subscriber Base Crosses 1.32 Billion Mark, Driven by Broadband Growth

India's Telecom Subscriber Base Crosses 1.32 Billion Mark, Driven by Broadband Growth

Rediff.com3 days ago

India's total telephone subscriber base reached 1,321.31 million by the end of February 2026, marking a 0.56 per cent monthly growth, primarily fuelled by a significant surge in broadband adoption.

All banking cos to deduct TDS on interest income beyond Rs 50,000 a year

All banking cos to deduct TDS on interest income beyond Rs 50,000 a year

Rediff.com6 days ago

The Income Tax Department has clarified the applicability of TDS (Tax Deducted at Source) on interest income for banking companies under the Income Tax Act, 2025, aligning it with the Banking Regulation Act, 1949.

UPI Transactions Soar to Record Highs in March

UPI Transactions Soar to Record Highs in March

Rediff.com4 days ago

Unified Payments Interface (UPI) transactions reached a record high in March, driven by festivities and the financial year closure, according to the National Payments Corporation of India (NPCI).

The Biggest Spy Movies

The Biggest Spy Movies

Rediff.com17 Mar 2026

Dhurandhar - The Revenge arrives this week and all eyes are on how entertaining the film turns out to be and how much money it makes at the box office. A look at the Top 10 biggies in the Hindi spy film genre.

Insolvency Law Key to Improving Banking Sector Health, Says FM

Insolvency Law Key to Improving Banking Sector Health, Says FM

Rediff.com6 days ago

Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Rediff.com2 days ago

Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com1 days ago

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

Dhurandhar 2 Box Office Day 8: Ranveer Singh's Film Earns Rs 675 Cr, Shows No Signs Of Slowing

Dhurandhar 2 Box Office Day 8: Ranveer Singh's Film Earns Rs 675 Cr, Shows No Signs Of Slowing

Rediff.com27 Mar 2026

Ranveer Singh's Dhurandhar: The Revenge is smashing box office records, raking in Rs 681.27 crore (Rs 6.81 billion) in India and exceeding Rs 1,000 crore (Rs 10 billion) worldwide, solidifying the actor's status as a bankable star. Check daily collection, trends, and box office performance.

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

Rediff.com20 Mar 2026

The Enforcement Directorate (ED) has attached fresh properties worth over Rs 5,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore ponzi scheme.

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Rediff.com2 days ago

Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).

GST collections rise 9% to over Rs 2 lakh cr in March, third highest in FY26

GST collections rise 9% to over Rs 2 lakh cr in March, third highest in FY26

Rediff.com4 days ago

India's GST revenues experienced significant growth in March, reaching pre-tax cut levels, driven by increased imports and domestic sales. The report analyses the impact of tax rate changes and provides insights into future trends and economic stability.

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com3 days ago

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

OnePlus India CEO Robin Liu Resigns - Company Updates India Operations

OnePlus India CEO Robin Liu Resigns - Company Updates India Operations

Rediff.com25 Mar 2026

Robin Liu steps down as India CEO of OnePlus. The company shares key updates on its India operations and future strategy. Here's what it means for the brand and market.

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com6 days ago

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

India Braces for Record Power Demand, Risks Galore

India Braces for Record Power Demand, Risks Galore

Rediff.com1 days ago

India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.

DGCA Gets New Chief After Turbulent Year

DGCA Gets New Chief After Turbulent Year

Rediff.com4 days ago

Events from mid-2025 to early 2026 exposed deeper systemic concerns for India's aviation safety architecture.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com6 days ago

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

Rediff.com6 days ago

Vietnamese automobile major VinFast is rapidly expanding its retail network in India, aiming for 75 dealerships across 60 cities by the end of 2026, while also building a comprehensive EV ecosystem.

LPG Ships Clear Hormuz, India Supply Stable

LPG Ships Clear Hormuz, India Supply Stable

Rediff.com6 days ago

18 Indian-flagged vessels with 485 Indian seafarers still remain in the western Persian Gulf region

Ever Notice These Bollywood Easter Eggs?

Ever Notice These Bollywood Easter Eggs?

Rediff.com3 days ago

Eagle-eyed movie buffs don't miss a thing. Part of their passion for cinema is noticing clever little details slipped in by the filmmaker as ardently as the creative. With Easter Sunday just around the corner, Sukanya Verma digs up some super filmi easter eggs just for you.

Foreign investors dump record Rs 1.14 lakh cr in Mar on West Asia conflict

Foreign investors dump record Rs 1.14 lakh cr in Mar on West Asia conflict

Rediff.com7 days ago

Foreign investors have withdrawn a record Rs 1.14 lakh crore from Indian equities in March, driven by geopolitical tensions, a weakening rupee, and concerns about crude oil prices.

What Secrets Did Sumit Kumar Give Pakistan?

What Secrets Did Sumit Kumar Give Pakistan?

Rediff.com23 Mar 2026

Prayagraj native Sumit Kumar is suspected to have passed on sensitive information related to air force operations, including details of fighter aircraft deployment, missile systems and information concerning officers and personnel.

Debt-ridden man kills grandfather over monetary dispute

Debt-ridden man kills grandfather over monetary dispute

Rediff.com8 Mar 2026

A young man in Kaushambi, Uttar Pradesh, allegedly murdered his grandfather with a sharp weapon following a monetary dispute and a previous attempt to poison him, police said.

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Rediff.com14 Mar 2026

Kochi city cyber police have recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The incident occurred in November when the man was defrauded of around 1.30 crore. Police intervention led to the recovery of 1.06 crore from a bank in Jammu and Kashmir.

How Kochi Police Recovered 1 Crore in Online Fraud Case

How Kochi Police Recovered 1 Crore in Online Fraud Case

Rediff.com14 Mar 2026

Kochi cyber police recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The police froze the funds in a bank account in Srinagar and returned the money to the victim.

Banks' gold loan portfolio surged 128% in Feb

Banks' gold loan portfolio surged 128% in Feb

Rediff.com5 days ago

Loans against gold jewellery in India surged by an impressive 128 per cent year-on-year to nearly 4.28 trillion in February 2026, according to the latest Reserve Bank of India (RBI) data, significantly outpacing overall retail loan growth.

How to Retire at 50: The 25-Year SIP Strategy to Build Crores

How to Retire at 50: The 25-Year SIP Strategy to Build Crores

Rediff.com6 days ago

Retiring at 50 is not unrealistic. It simply requires: Discipline + Long-Term Vision + Compounding

New Renault Duster Review: Can It Dethrone Other Compact SUVs?

New Renault Duster Review: Can It Dethrone Other Compact SUVs?

Rediff.com4 days ago

It is not perfect, given its lack of space and no diesel engine, but as a package the new Duster is brimming with character, which appeals to you in the end, says Somnath Chatterjee.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

CBDT Eases GAAR Concerns for Investments Made Before April 2017

CBDT Eases GAAR Concerns for Investments Made Before April 2017

Rediff.com4 days ago

The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.