News for 'Rediff Money'

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.

Check AIS Before Filing Tax Returns

Check AIS Before Filing Tax Returns

Rediff.com9 Jun 2026

'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'

'Without A Shade Of Doubt BJP Is Behind This'

'Without A Shade Of Doubt BJP Is Behind This'

Rediff.com19 Jun 2026

'It was done with record speed. First, a revolt of the MLAs, which was obviously engineered.' ''No one believed me when I said the MLAs breaking away is not the real issue.' 'It is like a comet. The head doesn't matter, the tail matters.' 'And the tail is Parliament. Suvendu has gifted the prime minister 20 MPs.'

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

NSE IPO Set To Mint Fortunes

NSE IPO Set To Mint Fortunes

Rediff.com19 Jun 2026

With momentum building around the IPO, the NSE saw a surge in retail investors in the last two years, making it one of the widely traded stocks in the unlisted market.

India World's Largest Exporter Of AI-STEM Professionals

India World's Largest Exporter Of AI-STEM Professionals

Rediff.com17 Jun 2026

India now ranks among the world's top three destinations for both AI and STEM talent, holding roughly a 6 per cent share of globally mobile AI talent and a 7 per cent share of STEM talent.

India's Defence Output Hits New High

India's Defence Output Hits New High

Rediff.com18 Jun 2026

'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'

FDA Cracks Down On Hospital Pharmacies

FDA Cracks Down On Hospital Pharmacies

Rediff.com15 Jun 2026

'Hospitals sometimes compel patients to purchase medicines only from pharmacies owned by or attached to the hospital, refuse to provide prescriptions, withhold prescriptions, or send prescriptions directly to the hospital pharmacy without patient consent.'

How EPFO's UPI Integration Will Benefit Subscribers

How EPFO's UPI Integration Will Benefit Subscribers

Rediff.com19 May 2026

The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.

Jameel Khan: 'I Turned Down Gullak Because...'

Jameel Khan: 'I Turned Down Gullak Because...'

Rediff.com8 Jun 2026

'The role was of a father, which was a bit unflattering. I thought I would get typecast with this show.' 'Today, after doing five seasons, I feel extremely lucky that I did it.'

India's Remittances Stay Strong Amidst West Asia Conflict

India's Remittances Stay Strong Amidst West Asia Conflict

Rediff.com18 Jun 2026

India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.

Sebi May Allow Salary In MFs

Sebi May Allow Salary In MFs

Rediff.com21 May 2026

Investments under the framework would remain voluntary for employees.

Cognizant CEO Warns Of AI Spending Trap

Cognizant CEO Warns Of AI Spending Trap

Rediff.com15 Jun 2026

'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'

Fiscal Strain: 18 States Exceed Deficit Ceiling, Revenue Surplus Declines

Fiscal Strain: 18 States Exceed Deficit Ceiling, Revenue Surplus Declines

Rediff.com17 Jun 2026

Eighteen of India's 28 states exceeded the fiscal deficit ceiling of 3 per cent of GSDP in FY25, a deterioration comparable to the Covid year of 2020-21, according to the Comptroller and Auditor General (CAG). The report also noted a decline in states reporting a revenue surplus, with Bihar, Mizoram, and Telangana moving into deficit.

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Rediff.com18 Jun 2026

A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

Mercedes open to expanding plug-in hybrids for more models

Mercedes open to expanding plug-in hybrids for more models

Rediff.com18 Jun 2026

Mercedes-Benz India is exploring a larger role for plug-in hybrid electric vehicles (PHEVs) in its portfolio, with plans to potentially introduce the technology in more models beyond the newly launched S-Class plug-in hybrid. This strategy aims to cater to luxury car buyers who are hesitant about fully electric vehicles due to concerns over charging infrastructure and range.

Why Supreme Court Granted Bail In Rs 22 Crore Fraud Case

Why Supreme Court Granted Bail In Rs 22 Crore Fraud Case

Rediff.com8 Jun 2026

The Supreme Court has granted bail to Shubham Saxena, accused of siphoning off Rs 22 crore from a real estate company, primarily due to his prolonged pre-trial detention of over four and a half years. This decision overturns a Delhi High Court ruling that had denied bail citing the gravity of the economic offence.

What's Delcy Rodriguez Doing In Delhi?

What's Delcy Rodriguez Doing In Delhi?

Rediff.com4 Jun 2026

Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.

IRCTC Deploys AI To Improve Railway Food Hygiene

IRCTC Deploys AI To Improve Railway Food Hygiene

Rediff.com11 Jun 2026

The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.

India: World's Biggest Plastic Polluter

India: World's Biggest Plastic Polluter

Rediff.com10 Jun 2026

India generates 9.3 million tonnes of plastic waste annually, nearly 20 per cent of the world's total.

Cannes 2026: Like Mouni Roy's Off-Shoulder Gown? VOTE!

Cannes 2026: Like Mouni Roy's Off-Shoulder Gown? VOTE!

Rediff.com21 May 2026

Mouni Roy made a glamorous appearance at Cannes 2026, sharing photographs and videos amidst ongoing speculation about her personal life.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

Defence Commanders Get Bigger Financial Powers

Defence Commanders Get Bigger Financial Powers

Rediff.com5 Jun 2026

Army, Navy and Air Force commanders received enhanced powers to address urgent operational requirements quickly.

Beyond Fees: The Racket Of School 'Add-Ons'

Beyond Fees: The Racket Of School 'Add-Ons'

Rediff.com11 Jun 2026

A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Want To Own Ultra-Exclusive Cars?

Want To Own Ultra-Exclusive Cars?

Rediff.com15 Jun 2026

'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'

India stars called T20 a 'stupid game': Lalit Modi

India stars called T20 a 'stupid game': Lalit Modi

Rediff.com4 Jun 2026

Former IPL chairman Lalit Modi has claimed that several Indian cricket stars initially dismissed T20 cricket as a "stupid game" and were unwilling to play the inaugural 2007 T20 World Cup, highlighting how dramatically perceptions of the format have changed since then.

Investment, Consumption Drive India's FY26 GDP Growth

Investment, Consumption Drive India's FY26 GDP Growth

Rediff.com13 Jun 2026

India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.

Before Peddi, 10 Movies Slammed For Misogyny

Before Peddi, 10 Movies Slammed For Misogyny

Rediff.com9 Jun 2026

From Baahubali to Peddi, these blockbuster South Indian films drew criticism for romanticising toxic masculinity and reducing their female leads to objects of desire.

How SIPs Beat Inflation, Build Retirement Wealth

How SIPs Beat Inflation, Build Retirement Wealth

Rediff.com29 May 2026

Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan

Vikram Bhatt: 'Why Does He Keep Haunting Us Like This?!'

Vikram Bhatt: 'Why Does He Keep Haunting Us Like This?!'

Rediff.com17 Jun 2026

'I can feel people around me thinking that this guy was about to die, and now he's back.'

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Rediff.com11 Jun 2026

Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.

India's long-term consumption story intact despite challenges: KKR

India's long-term consumption story intact despite challenges: KKR

Rediff.com11 Jun 2026

Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

Rediff.com16 Jun 2026

Indian liquor brands are increasingly focusing on Hindi heartland states like Uttar Pradesh, Rajasthan, and Haryana as the next major growth engine for premiumisation, driven by expanding luxury portfolios, craft spirit launches, and upgraded retail experiences, as state governments embrace reforms.

'When You Empower A Woman, You Empower A Family'

'When You Empower A Woman, You Empower A Family'

Rediff.com17 Jun 2026

'You empower a man, you are not necessarily empowering a family, you are just empowering him.'

Electric passenger vehicle retail sales jump 81.20% to 26,682 units in May: FADA

Electric passenger vehicle retail sales jump 81.20% to 26,682 units in May: FADA

Rediff.com9 Jun 2026

Electric passenger vehicle retail sales in India surged by 81.2 per cent to 26,682 units in May, with Tata Motors leading the segment, while electric two-wheeler sales also saw a substantial 62.76 per cent increase, according to the Federation of Automobile Dealers Associations (FADA).