News for 'Rediff Money'

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

Rediff.com3 Jun 2026

Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.

India Emerges As A Leader In Digital Economy And AI

India Emerges As A Leader In Digital Economy And AI

Rediff.com29 May 2026

A new report indicates India has become the world's fifth most digitalised economy and ranks fourth globally in AI performance, driven by increasing AI adoption and a strong digital infrastructure.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com1 Jun 2026

Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.

GST 2.0 guidelines fail to resolve refund delays for large taxpayers

GST 2.0 guidelines fail to resolve refund delays for large taxpayers

Rediff.com3 Jun 2026

Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.

Auto Sales Surge In Punjab, Gujarat

Auto Sales Surge In Punjab, Gujarat

Rediff.com21 May 2026

About 181,750 units were sold in FY26 in Punjab, marking a 16.29 per cent year-on-year increase.

Maruti, Kia hit record sales in May, defying fuel price surge

Maruti, Kia hit record sales in May, defying fuel price surge

Rediff.com1 Jun 2026

Indian carmakers, including Maruti Suzuki and Kia India, reported robust sales growth in May 2026, with both companies achieving their highest-ever monthly sales despite rising fuel prices. Maruti Suzuki's domestic sales surged to 1,93,535 units, while Kia India recorded 27,586 units, driven by strong demand in mini and compact segments and a shift towards electric and CNG vehicles.

Why Salman Is In A 'Fighter' Mood

Why Salman Is In A 'Fighter' Mood

Rediff.com20 May 2026

Salman Khan gives the paparazzi a piece of his mind for invading his privacy outside a hospital.

Bromocriptine To Marocain: Scripps Bee Winning Words

Bromocriptine To Marocain: Scripps Bee Winning Words

Rediff.com1 Jun 2026

From marocain to bromocriptine, the Scripps National Spelling Bee has challenged young wordsmiths with some of the English language's most obscure and fascinating words over the past decade.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

The Doctor Who Saved Thousands Of Babies

The Doctor Who Saved Thousands Of Babies

Rediff.com19 Jun 2026

Thousands and thousands and thousands of adults owe their lives to the commitment and medical fervour of Dr Armida Fernandez, who a grateful nation honoured with the Padma Shri this year.

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

Rediff.com1 Jun 2026

India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.

Which Is India's Fastest Growing State?

Which Is India's Fastest Growing State?

Rediff.com27 May 2026

Assam emerged as the fastest-growing large state with a remarkable 17.3 per cent nominal GDP CAGR over five years.

Trent targets 10x revenue milestone, eyes international markets: Noel Tata

Trent targets 10x revenue milestone, eyes international markets: Noel Tata

Rediff.com31 May 2026

Tata Group retail firm Trent, owner of Westside and Zudio, is confident of achieving a ten-fold increase in revenue in the 'not-so-distant future' and plans to take its homegrown brands to international markets, said Chairman Noel N Tata.

Gurugram Authorities Demolish Drug Smuggler's Illegal Property

Gurugram Authorities Demolish Drug Smuggler's Illegal Property

Rediff.com5 May 2026

Gurugram Police demolished an eight-story building allegedly used as a paying guest accommodation by convicted drug smuggler Satpal alias Kalu. The demolition was a joint effort with the municipal corporation, targeting properties acquired through drug trafficking proceeds. Authorities also demolished property illegally occupied by another alleged drug peddler.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

Rakesh Bedi: 'Where's The 1 Crore Bonus From Dhurandhar?'

Rakesh Bedi: 'Where's The 1 Crore Bonus From Dhurandhar?'

Rediff.com25 Apr 2026

Rakesh Bedi refutes claims of receiving a Rs 1 crore bonus from the makers of Dhurandhar.

Review: New Honda City Hybrid Is Jack Of All Trades And Masters A Few

Review: New Honda City Hybrid Is Jack Of All Trades And Masters A Few

Rediff.com30 May 2026

The new City hybrid might seem expensive at Rs 21 lakh but offers a hybrid powertrain with excellent efficiency plus more aggressive styling.

Below-normal monsoon forecast, geopolitical jitters trigger 1,092-point Sensex tumble

Below-normal monsoon forecast, geopolitical jitters trigger 1,092-point Sensex tumble

Rediff.com29 May 2026

Indian benchmark stock indices, Sensex and Nifty, experienced a significant decline for the third consecutive day, with the Sensex tumbling 1,092 points and Nifty closing below 24,550. This downturn was primarily driven by the India Meteorological Department's forecast of a below-normal southwest monsoon and ongoing geopolitical uncertainties surrounding the US-Iran ceasefire arrangement.

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Rediff.com16 May 2026

Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

Rediff.com30 May 2026

India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.

Bank Frauds Drop, Losses Soar

Bank Frauds Drop, Losses Soar

Rediff.com2 Jun 2026

The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Three Nigerians Arrested For Social Media Fraud In Gurugram

Three Nigerians Arrested For Social Media Fraud In Gurugram

Rediff.com16 May 2026

Gurugram Police have arrested three Nigerian nationals for allegedly defrauding people through social media platforms by posing as women. The police recovered mobile phones, a laptop, and SIM cards from the accused, who are also charged under the Passport Act and the Foreigners Act.

The Importance Of Vaibhav Sooryavanshi!

The Importance Of Vaibhav Sooryavanshi!

Rediff.com29 May 2026

If you are feeling depressed, just watch this 15 year old on your TV! Your blues will fly away, exclaims Colonel Anil A Athale (retd).

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Rediff.com27 May 2026

Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.

NEET UG Cancellation: How to Claim Your 100% Fee Refund Online

NEET UG Cancellation: How to Claim Your 100% Fee Refund Online

Rediff.com21 May 2026

The NTA has also confirmed that the upcoming re-examination, scheduled for June 21, 2026, will be conducted entirely free of cost for all previously registered candidates, funded fully through the agency's internal reserves.

Sedans Hold Ground In Luxury Market Despite SUV Wave

Sedans Hold Ground In Luxury Market Despite SUV Wave

Rediff.com2 Jun 2026

While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.

Why Are Small, Midcaps Galloping?

Why Are Small, Midcaps Galloping?

Rediff.com1 May 2026

Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.

'We Are Buying Russian Oil Even Now'

'We Are Buying Russian Oil Even Now'

Rediff.com27 May 2026

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.

Power Sector Energised by Strong Demand, Capex, Driving Stocks to New Highs

Power Sector Energised by Strong Demand, Capex, Driving Stocks to New Highs

Rediff.com29 May 2026

Shares of power generation-related companies surged on Wednesday, with the BSE Power index hitting a new high of 8,497, driven by strong demand, robust order books, and significant capital expenditure announcements from key players like Hitachi Energy India, Adani Green Energy, and CG Power and Industrial Solutions.

Rupee Fall Hits Study Abroad Dreams

Rupee Fall Hits Study Abroad Dreams

Rediff.com4 Jun 2026

Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.

Tata Tiago Facelift Redefines Entry-Level Hatchbacks

Tata Tiago Facelift Redefines Entry-Level Hatchbacks

Rediff.com29 May 2026

Tata Motors' 2026 Tiago facelift is a tech-loaded and safety-focused entry-level hatchback, with prices starting at Rs 4.69 lakh.

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

Rediff.com29 May 2026

The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve durability, and reduce production costs, with a pilot project expected soon.

Maruti's Bhargava puts biogas ahead of hybrids, bats for more sops

Maruti's Bhargava puts biogas ahead of hybrids, bats for more sops

Rediff.com29 May 2026

Maruti Suzuki Chairman R C Bhargava is pushing for increased government incentives for biogas-powered vehicles over hybrids, emphasising their net-zero carbon emissions and the valuable organic manure they produce, while also advocating for continued GST benefits for electric vehicles.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Government To Expand Digital Food Subsidy Programme

Government To Expand Digital Food Subsidy Programme

Rediff.com3 May 2026

The government plans to expand its central bank digital currency (CBDC)-based food subsidy programme to Chandigarh, Dadra and Nagar Haveli, and Daman and Diu by June, following its implementation on a pilot basis in Gujarat and Puducherry, official sources said.

How Uttar Pradesh STF Busted SSC Exam Rigging Racket

How Uttar Pradesh STF Busted SSC Exam Rigging Racket

Rediff.com23 May 2026

The Uttar Pradesh Special Task Force (STF) has busted an alleged racket involved in rigging Staff Selection Commission (SSC) online recruitment examinations using proxy servers and dummy candidates, arresting seven people from Greater Noida.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com27 May 2026

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.