News for 'Rediff Money'

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Rediff.com8 Jun 2026

Gurugram Police have arrested a man from Hapur, Uttar Pradesh, for his alleged involvement in an Rs 8.30 lakh cyber fraud. The accused provided his bank account, which was used to receive the cheated amount from a victim who was subjected to a "digital arrest" by fraudsters impersonating government officials. The investigation is ongoing to trace other individuals involved.

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Rediff.com8 Jun 2026

Gurugram Police have arrested a man from Hapur, Uttar Pradesh, for his alleged involvement in an Rs 8.30 lakh cyber fraud. The accused provided his bank account, which was used to receive the cheated amount from a victim who was subjected to a "digital arrest" by fraudsters impersonating government officials. The investigation is ongoing to trace other individuals involved.

What's Mukeshbhai Doing At Kedarnath?

What's Mukeshbhai Doing At Kedarnath?

Rediff.com16 Jun 2026

During his visit to Kedarnath Dham in Rudraprayag, Uttarakhand, Reliance Industries Chairman and Managing Director Mukesh Ambani donated Rs 10 crore (Rs 100 million) to the temple committee to support the development of pilgrim facilities and infrastructure.

RBI Targets Mule Accounts With AI

RBI Targets Mule Accounts With AI

Rediff.com5 Jun 2026

While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.

Why Banks Prefers Retired Bureaucrats...

Why Banks Prefers Retired Bureaucrats...

Rediff.com9 Jul 2026

It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.

Ahmed Khan: 'Tiger Shroff Seems To Have Lost His Way'

Ahmed Khan: 'Tiger Shroff Seems To Have Lost His Way'

Rediff.com29 Jun 2026

'Producers were ready to pay me obscene amounts of money because after Rangeela, they thought if they took A R Rahman and Ahmed Khan, the film would be a hit.' 'There were no imported cars then, no mobile phones or online shopping, no house to run or any big kharcha. I was rocking!'

Wrongly Credited NSE Shares Spark Battle

Wrongly Credited NSE Shares Spark Battle

Rediff.com29 Jun 2026

NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.

Rajesh Exports' chief distances firm from LIC's investments

Rajesh Exports' chief distances firm from LIC's investments

Rediff.com8 Jun 2026

Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Rediff.com3 Jul 2026

The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.

Women's Cricket A Loss-Making Proposition For ICC

Women's Cricket A Loss-Making Proposition For ICC

Rediff.com5 Jun 2026

In the last decade, only two Women's World Cups (in 2020 and 2023) managed to generate profits.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Will Your Kids Pay For Your Retirement?

Will Your Kids Pay For Your Retirement?

Rediff.com1 Jul 2026

Your children may always love you but should you expect them to to finance your retirement in today's economy?

Corporate bond market raises Rs 16,000 crore, momentum to continue

Corporate bond market raises Rs 16,000 crore, momentum to continue

Rediff.com4 Jul 2026

The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.

Rich Indians Are Spending More Money On...

Rich Indians Are Spending More Money On...

Rediff.com28 Apr 2026

Travel is now the dominant spending category for India's affluent consumers, who are prioritising experiences and luxury goods over retail buying, according to a new report.

India Set To Introduce Dedicated AI Regulation Framework

India Set To Introduce Dedicated AI Regulation Framework

Rediff.com3 Jul 2026

India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

FPIs pulled out Rs 49,340 crore from Indian equities in June

FPIs pulled out Rs 49,340 crore from Indian equities in June

Rediff.com3 Jul 2026

Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

Moana Review: Another Pointless Disney Remake

Moana Review: Another Pointless Disney Remake

Rediff.com10 Jul 2026

The live-action Moana faithfully recreates the original, but rarely captures its magic.

How India Can Create 100 Million New Jobs In 7 Years!

How India Can Create 100 Million New Jobs In 7 Years!

Rediff.com4 Jun 2026

TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

Rediff.com3 Jul 2026

India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.

'What Happened With Anthropic Is A Wake-Up Call'

'What Happened With Anthropic Is A Wake-Up Call'

Rediff.com24 Jun 2026

'It shows that access to these technologies cannot be taken for granted.'

Ram Temple Donation Theft: 'The Individuals Involved Were Too Well-Placed For Anyone To Speak Up'

Ram Temple Donation Theft: 'The Individuals Involved Were Too Well-Placed For Anyone To Speak Up'

Rediff.com7 Jul 2026

'What struck me at the time was simply the scale of it -- that something of this magnitude could be unfolding inside the Ram temple itself.' 'It was bewildering. And what troubled me further was the manner in which people were shielding it.'

Indian-Origin Founders Build Global Space Exchange

Indian-Origin Founders Build Global Space Exchange

Rediff.com3 Jul 2026

Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Rediff.com3 Jul 2026

Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

Rediff.com1 Jul 2026

Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.

'Heroines Still Get Paid Less Than Heroes'

'Heroines Still Get Paid Less Than Heroes'

Rediff.com30 Jun 2026

'Heroes get private chartered planes while we don't even make as much money. Unfortunately, that discrimination still exits.'

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

Assets of Former Assam Excise Secretary Attached in Money Laundering Probe

Assets of Former Assam Excise Secretary Attached in Money Laundering Probe

Rediff.com9 Mar 2026

The Enforcement Directorate (ED) has attached immovable assets worth over Rs 5 crore belonging to former Assam excise secretary Indreswar Kalita in connection with a money laundering investigation.

FPIs Invest 55,518 Crore In June

FPIs Invest 55,518 Crore In June

Rediff.com1 Jul 2026

...exceeding their 49,340 crore equity selloff.

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Rediff.com20 Jun 2026

'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Rediff.com23 Jun 2026

Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.

Smart Money Moves: From Home Loans To SIPs

Smart Money Moves: From Home Loans To SIPs

Rediff.com10 Apr 2026

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

480 new entrants entered Indian automobile sector last year, mostly in EVs

480 new entrants entered Indian automobile sector last year, mostly in EVs

Rediff.com22 Jun 2026

India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.

NBFCs show strong Q4, but near-term outlook remains cautious

NBFCs show strong Q4, but near-term outlook remains cautious

Rediff.com4 Jul 2026

Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.

6 Taxpayer Categories Face Scrutiny

6 Taxpayer Categories Face Scrutiny

Rediff.com22 Jun 2026

Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.

Spot a Suspicious Credit Card Transaction?

Spot a Suspicious Credit Card Transaction?

Rediff.com10 Jun 2026

The first thing cardholders should do after spotting a suspicious charge is block the card.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'