News for 'Rediff Money'

For ISRO, Friday Is Not About Putting Another Satellite Into Orbit

For ISRO, Friday Is Not About Putting Another Satellite Into Orbit

Rediff.com3 Sep 2026

It is about proving that the agency can still deliver when the stakes are high.

Will These Celebrities Feature In Bigg Boss 20?

Will These Celebrities Feature In Bigg Boss 20?

Rediff.com24 Aug 2026

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

'Bigger Attacks Always Compromise Humans Than Systems'

'Bigger Attacks Always Compromise Humans Than Systems'

Rediff.com26 Aug 2026

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

India Ranks Fifth in GenAI Patents

India Ranks Fifth in GenAI Patents

Rediff.com24 Aug 2026

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).

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.

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.com27 Aug 2026

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.

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.com27 Aug 2026

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.

Gurugram Man Strangles Wife After Alcohol Money Refusal

Gurugram Man Strangles Wife After Alcohol Money Refusal

Rediff.com5 May 2026

A man in Gurugram allegedly strangled his wife to death after she refused to give him money for alcohol. He was arrested after a post-mortem revealed the cause of death.

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

Rediff.com4 Sep 2026

'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'

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.

Kanda Express To Lower Onion Prices

Kanda Express To Lower Onion Prices

Rediff.com26 Aug 2026

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.

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

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

Rediff.com25 Aug 2026

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.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

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.com27 Aug 2026

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.

Why Are Indian IT Firms Cutting H-1B Applications?

Why Are Indian IT Firms Cutting H-1B Applications?

Rediff.com21 Aug 2026

Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.

How PhonePe's Data Platform Will Enhance National Planning

How PhonePe's Data Platform Will Enhance National Planning

Rediff.com20 Aug 2026

Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.

Prosenjit Chatterjee: The Uttam Kumar I Knew

Prosenjit Chatterjee: The Uttam Kumar I Knew

Rediff.com3 Sep 2026

On Uttam Kumar's birth centenary, actor Prosenjit Chatterjee shares intimate memories of the Bengali matinee idol, recounting how 'Uttam-jethu' not only launched his career but also profoundly influenced his father, Biswajit Chatterjee, and remained a guiding force for their family.

'Best For Investors To Miss India IT Bus'

'Best For Investors To Miss India IT Bus'

Rediff.com10 Aug 2026

'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'

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

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

Rediff.com1 Sep 2026

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

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

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

Rediff.com25 Aug 2026

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.

Education Loans: What You Must Know

Education Loans: What You Must Know

Rediff.com31 Jul 2026

Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.

Prasanna Bisht: 'I Was Ready To Pack My Bags And Leave Mumbai'

Prasanna Bisht: 'I Was Ready To Pack My Bags And Leave Mumbai'

Rediff.com12 Aug 2026

'I was like I can't afford it. I cannot survive in Mumbai, so I will go back to the mountains.' 'But by God's grace, at that very moment, I got Adarsh Baal Vidyalaya, and Mumbai stopped me from leaving.'

Will Your Retirement Money Last?

Will Your Retirement Money Last?

Rediff.com16 Apr 2026

A systematic withdrawal plan doesn't drain wealth, poor planning does. Ramalingam Kalirajan explains the truth behind systematic withdrawal plans

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

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

Rediff.com28 Aug 2026

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

Fashion Quick Commerce Gets Festive Boost

Fashion Quick Commerce Gets Festive Boost

Rediff.com24 Aug 2026

Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.

How Did Tata Group Fare Under Chandra?

How Did Tata Group Fare Under Chandra?

Rediff.com21 Aug 2026

N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.

FPIs flock to financials, extend buying spree in IT sector in early August

FPIs flock to financials, extend buying spree in IT sector in early August

Rediff.com21 Aug 2026

Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.

Indian Markets Outperform Global Peers in July

Indian Markets Outperform Global Peers in July

Rediff.com1 Aug 2026

The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com24 Aug 2026

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

Rediff.com20 Aug 2026

Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com20 Aug 2026

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

Why Rs 10,000 Phone Market Has Crashed

Why Rs 10,000 Phone Market Has Crashed

Rediff.com21 Aug 2026

High memory costs have driven average mobile phone prices up by 15 per cent.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com24 Aug 2026

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

'I'm A Pretty Funny Guy In Real Life'

'I'm A Pretty Funny Guy In Real Life'

Rediff.com24 Aug 2026

'I wanted to make an out-and-out entertainer, a film where people could come into the theatre, laugh, have fun, and walk out feeling entertained. That was my thought when I took up Korean Kanakaraju.'