News for 'Rediff Money'

Buying Property? Verify Title First

Buying Property? Verify Title First

Rediff.com8 Sep 2026

Examine the complete title chain to establish how the present owner acquired the property.

GST Council Oct 7 Meet: What Businesses Want!

GST Council Oct 7 Meet: What Businesses Want!

Rediff.com5 days ago

Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.

How To Pick The Right BAF

How To Pick The Right BAF

Rediff.com4 Sep 2026

BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.

Assocham Praises New UPI Framework For Large Transactions

Assocham Praises New UPI Framework For Large Transactions

Rediff.com4 days ago

Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.

Chandra Reappointment Sparks Legal Debate

Chandra Reappointment Sparks Legal Debate

Rediff.com19 hours ago

'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'

Why Petrol Dealers Oppose UPI Fee

Why Petrol Dealers Oppose UPI Fee

Rediff.com3 days ago

Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.

Direct Tax Collection Jumps 13% to Rs 12.12 Lakh Crore on Strong Advance Tax

Direct Tax Collection Jumps 13% to Rs 12.12 Lakh Crore on Strong Advance Tax

Rediff.com3 days ago

India's net direct tax collection has surged by 13 per cent to over Rs 12.12 lakh crore by September 17 in the current fiscal year, driven by a significant increase in advance tax payments from corporates, according to CBDT data.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

West Asia conflict, crude oil prices, US inflation to steer stock markets

West Asia conflict, crude oil prices, US inflation to steer stock markets

Rediff.com6 Sep 2026

Analysts predict that developments in the West Asia conflict, crude oil prices, and upcoming US inflation data will be the primary factors influencing the Indian stock market next week, alongside foreign investor activity and global market trends.

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Rediff.com7 days ago

'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'

Tata Trusts firm on keeping Tata Sons unlisted, board to explore alternatives

Tata Trusts firm on keeping Tata Sons unlisted, board to explore alternatives

Rediff.com3 days ago

Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.

Indian Equities Close Flat as US Fed Rate Hike Weighs; NSE IPO Subscribed 39% on Day 1

Indian Equities Close Flat as US Fed Rate Hike Weighs; NSE IPO Subscribed 39% on Day 1

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.

Traders Call For Reversal Of UPI Transaction Fee Decision

Traders Call For Reversal Of UPI Transaction Fee Decision

Rediff.com5 days ago

A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.

Can Food Prices Cool Before 2026 Ends?

Can Food Prices Cool Before 2026 Ends?

Rediff.com5 days ago

'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

Rediff.com2 days ago

'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'

Ravi Kishan: 'People Threw Stones At Me'

Ravi Kishan: 'People Threw Stones At Me'

Rediff.com16 hours ago

'I have seen all the storms and floods. I have crawled and reached here.'

Why Tata Trusts Should Let Go Of Tata Sons

Why Tata Trusts Should Let Go Of Tata Sons

Rediff.com5 days ago

A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.

Review: Maruti Suzuki Pours More Tech And Features Into New Baleno

Review: Maruti Suzuki Pours More Tech And Features Into New Baleno

Rediff.com4 days ago

The updated Maruti Suzuki Baleno redefines the premium hatchback segment in India with its aggressive new look, advanced Level 2 ADAS features, and a more fuel-efficient Z series petrol engine, catering to the evolving demands of tech-savvy car buyers.

Why Google Picked 4 Indian Startups For Climate AI Programme

Why Google Picked 4 Indian Startups For Climate AI Programme

Rediff.com6 days ago

Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.

Tata Curvv EV Just Got Cheaper, And More Attractive

Tata Curvv EV Just Got Cheaper, And More Attractive

Rediff.com10 Sep 2026

The Tata Curvv EV Series X keeps its distinctive coupe-SUV design but becomes a more attractive package with a standard 55kWh battery, more features and a lower starting price of Rs 16.99 lakh.

Mukesh Ambani: 'When Women of India Rise, India Rises'

Mukesh Ambani: 'When Women of India Rise, India Rises'

Rediff.com11 Sep 2026

'When the women of India become unstoppable, India becomes unstoppable.'

Net SIP Inflows Hit Record Rs 2 Trillion

Net SIP Inflows Hit Record Rs 2 Trillion

Rediff.com11 Sep 2026

Net SIP inflow is calculated by subtracting redemptions from gross SIP investments.

Why Tata Motors Unveiled the Sierra Legend Series

Why Tata Motors Unveiled the Sierra Legend Series

Rediff.com3 days ago

Tata Motors has launched the Sierra Legend Series, a new line of its iconic Sierra mid-SUV, designed to democratize premium features across all variants. This strategy, dubbed "Luxury, From The Base," aims to challenge traditional industry norms by offering high-end comfort, refinement, and technology even in entry-level models, ensuring the Sierra remains a benchmark in the competitive Indian automotive market.

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

Rediff.com2 days ago

Shapoorji Pallonji Mistry's statement will be watched closely against the backdrop of the listing battle as well as the Tata leadership contest, with veto votes being cast over the reappointment of N Chandrasekaran as chairman of Tata Sons for a third term.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Why UPI Should Be Kept Free

Why UPI Should Be Kept Free

Rediff.com31 Aug 2026

Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.

Skip The iPhone Duo, Take These International Trips Instead

Skip The iPhone Duo, Take These International Trips Instead

Rediff.com11 Sep 2026

Rs 299,900 can buy you Apple's first foldable iPhone. Or it can buy you a passport full of memories, a suspiciously large holiday wardrobe and enough airport coffee to develop a personality.

Tata Trusts Readies For Court Fight

Tata Trusts Readies For Court Fight

Rediff.com20 hours ago

'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Rediff.com3 days ago

A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.

'Tatas May Challenge RBI's Decision'

'Tatas May Challenge RBI's Decision'

Rediff.com6 days ago

'...but should prepare for listing unless a court grants effective interim relief.'

'ISRO's Successes Must Not Be Privatised'

'ISRO's Successes Must Not Be Privatised'

Rediff.com4 days ago

Their message is blunt: Public scientific wealth should not be transferred at what they describe as 'throwaway prices'.capability, recruitment, promotional avenues and the voice of its employees.

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Rediff.com6 days ago

The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.

Criticism Of RBI's Swap Scheme Is Uncalled For

Criticism Of RBI's Swap Scheme Is Uncalled For

Rediff.com5 days ago

It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Rediff.com4 days ago

The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.

The Daily Wager Who May Go To The Oscars

The Daily Wager Who May Go To The Oscars

Rediff.com13 hours ago

'The FFI jury said Gondhal is the best film in terms of overall quality -- the sound, background music and cinematography.' 'In every aspect, I don't think this film can be compared to other Indian films. This may sound like overconfidence, but we know what we have done.'

Equity MF Inflows Hit Four-Month High In August

Equity MF Inflows Hit Four-Month High In August

Rediff.com11 Sep 2026

Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.

'Ganeshotsav Is No Longer The Same'

'Ganeshotsav Is No Longer The Same'

Rediff.com5 days ago

'Earlier, Ganeshotsav was social. Now it is all about social media.'

Beware Of These Scams!

Beware Of These Scams!

Rediff.com1 Sep 2026

Do not share OTPs, PINs, authentication codes, card numbers, card verification values (CVVs), KYC details, security answers, Internet-banking passwords or Aadhaar-based authentication credentials through SMS, e-mail or phone calls.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com6 days ago

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

NSE IPO: 'Demand Is Unexpectedly Large'

NSE IPO: 'Demand Is Unexpectedly Large'

Rediff.com5 days ago

Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.