News for 'Rediff Money'

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.

Gap Between ATM Withdrawals And Cash In Circulation Widens

Gap Between ATM Withdrawals And Cash In Circulation Widens

Rediff.com28 Apr 2026

A State Bank of India report indicates a sharp increase in precautionary cash holding in India, with the gap between per capita currency in circulation and ATM withdrawals widening significantly, driven by global uncertainties despite record digital payment transactions.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com4 days ago

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

Sanjay Dutt's Villain Roles, Ranked

Sanjay Dutt's Villain Roles, Ranked

Rediff.com7 days ago

Sanjay Dutt, known for his 'Khalnayak' image, is set to return to the big screen as a historical antagonist in Raja Shivaji' and a rugged gangster in 'KD - The Devil'. This article ranks his most compelling villainous performances in Hindi cinema, highlighting his versatility in embracing darker roles.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com2 hours ago

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com3 hours ago

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Pay Loans Or Invest? What Should You Do?

Pay Loans Or Invest? What Should You Do?

Rediff.com1 days ago

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

GST collections soar to record Rs 2.43 lakh crore in April

GST collections soar to record Rs 2.43 lakh crore in April

Rediff.com5 days ago

India's gross Goods and Services Tax (GST) collection reached an unprecedented Rs 2.43 lakh crore in April, marking an 8.7 per cent increase and surpassing the previous record set last year.

What I Expect From A BJP Government In Bengal

What I Expect From A BJP Government In Bengal

Rediff.com4 hours ago

The BJP must respect Bengal's pluralistic ethos and with this historic mandate give the state the constructive change it truly deserves, expects Kolkata native Payal Singh Mohanka.

India To Have 313 Billionaires By 2031

India To Have 313 Billionaires By 2031

Rediff.com4 days ago

The country's billionaire count rose 58 per cent over the past five years to 207 in 2026.

Wow Cars At China Auto Show!

Wow Cars At China Auto Show!

Rediff.com4 days ago

Glimpses from Beijing's grand Auto China exhibition reveal the rapid evolution of electric, autonomous and futuristic mobility.

Telangana: Bank Managers Arrested For Siphoning Off Crores

Telangana: Bank Managers Arrested For Siphoning Off Crores

Rediff.com21 Apr 2026

Four individuals, including two bank managers, have been arrested in Telangana for allegedly siphoning off Rs 2.65 crore from a state-owned bank branch in Nalgonda district.

Four Arrested For Duping Woman With England Promise

Four Arrested For Duping Woman With England Promise

Rediff.com21 Apr 2026

Faridabad police have arrested four individuals from Patna for allegedly defrauding a woman of over Rs 2.5 lakh by promising to take her to England. The accused, who operated three accounts used in the cybercrime, are in police custody and being questioned.

Realty developers roll out flexible payment plans amid slow sales

Realty developers roll out flexible payment plans amid slow sales

Rediff.com2 days ago

Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.

Why ServiceNow Sees India As A Major Growth Engine

Why ServiceNow Sees India As A Major Growth Engine

Rediff.com2 hours ago

ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com2 days ago

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com1 days ago

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

India Imports 361,000 Tonnes Of LPG From US

India Imports 361,000 Tonnes Of LPG From US

Rediff.com2 days ago

'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'

Crucial Tata Trusts Board Meeting On May 8

Crucial Tata Trusts Board Meeting On May 8

Rediff.com2 days ago

The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com20 hours ago

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Rediff.com5 days ago

Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com2 hours ago

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

DMart valuation cart full: Little room for upside

DMart valuation cart full: Little room for upside

Rediff.com1 days ago

Shares of Avenue Supermarts, operator of DMart, fell 5.2 per cent after reporting mixed Q4 FY26 results, with brokerages offering divergent 'sell', 'buy', and 'hold' ratings based on factors like valuation, competitive intensity, and store expansion strategies.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com4 days ago

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

NPS Investors: Pick Fund Managers Wisely

NPS Investors: Pick Fund Managers Wisely

Rediff.com28 Apr 2026

Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.

Three Arrested in Delhi for Rs 10 Lakh Online Investment Scam

Three Arrested in Delhi for Rs 10 Lakh Online Investment Scam

Rediff.com11 Apr 2026

Delhi Police have arrested three individuals for their alleged involvement in an online investment fraud of Rs 10 lakh. The accused lured a complainant with promises of high returns on stock market investments before ceasing communication after receiving the funds.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com1 days ago

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Mission Drishti Marks Space Tech Breakthrough

Mission Drishti Marks Space Tech Breakthrough

Rediff.com2 days ago

Weighing 190 kg, Mission Drishti is India's heaviest privately developed Earth observation satellite.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com1 days ago

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Vijay Is The New Chennai Super King!

Vijay Is The New Chennai Super King!

Rediff.com2 days ago

Unlike films that end with the underdog becoming winner and being sworn in at a public ceremony, Vijay's trial by fire is only about to begin, predicts Saisuresh Sivaswamy.

'We Will Soon Have Another Election In Tamil Nadu'

'We Will Soon Have Another Election In Tamil Nadu'

Rediff.com2 days ago

'Even if they align with the TVK now, I don't think the AIADMK leadership will completely surrender to the dominance of Vijay.'

Badass Entertainment Coming Up On OTT!

Badass Entertainment Coming Up On OTT!

Rediff.com17 Apr 2026

This week's OTT releases feature a diverse range of genres, from the adult entertainment platform-focused Margo's Got Money Troubles starring Elle Fanning, Michelle Pfeiffer, and Nicole Kidman, to the Hindi crime drama Matka King with Vijay Varma, exploring Bombay's gambling culture.

GST growth slipped to five-year low of 5.6% in FY26

GST growth slipped to five-year low of 5.6% in FY26

Rediff.com2 days ago

India's like-for-like gross Goods and Services Tax (GST) revenue growth slowed to a five-year low of 5.57 per cent in FY26, reaching Rs 23.32 trillion, primarily driven by a significant surge in import revenues.

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com5 Mar 2026

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

IBC-tax law mismatch clouds loss carry-forward benefits

IBC-tax law mismatch clouds loss carry-forward benefits

Rediff.com4 days ago

A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com4 days ago

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

When The Builder Does Not Deliver Your Flat...

When The Builder Does Not Deliver Your Flat...

Rediff.com6 days ago

The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com14 Apr 2026

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

Stock Gains Vs Loss: What Gets Taxed?

Stock Gains Vs Loss: What Gets Taxed?

Rediff.com24 Apr 2026

rediffGURU T S Khurana answers readers' personal income tax queries

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 days ago

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.