News for 'Rediff Money'

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Rediff.com5 days ago

India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.

RBI's Rupee Measures Offer Short-Term Relief Amid Global Headwinds

RBI's Rupee Measures Offer Short-Term Relief Amid Global Headwinds

Rediff.com12 Oct 2026

The Reserve Bank of India's recent measures, including a dedicated dollar window for state-run oil marketing companies and tightened foreign exchange derivative rules, are expected to provide near-term relief to the rupee's depreciation, but market participants believe global factors and balance of payment dynamics will continue to exert pressure in the medium term.

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Rediff.com7 days ago

Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.

What Went Wrong Between Chandra and Noel Tata?

What Went Wrong Between Chandra and Noel Tata?

Rediff.com10 Oct 2026

Even as lawyers on both sides study the pros and cons of a court battle, there are unanswered questions: When did Tata Trusts review its resolution of 2025 on backing Chandrasekaran for a third term?How will the shareholders of Tata Sons respond on listing and the leadership issue?

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

Rediff.com4 days ago

'Without that one critical irrigation, the entire crop can be lost.'

GST Council allows small online sellers to use warehouses in other states

GST Council allows small online sellers to use warehouses in other states

Rediff.com7 days ago

India's GST Council has approved changes allowing small online sellers to register in states without physical premises by using an e-commerce operator's warehouse as their principal place of business, aiming to boost national sales for small businesses.

'Our Bodies Are Wild Beings'

'Our Bodies Are Wild Beings'

Rediff.com4 days ago

'Growing up in Bangladesh, I always felt that I was a piece of meat. As soon as I walked down the street, I could be the president of Bangladesh and I would still be a piece of meat because I am a woman.'

Why India's Banks Need A Five-Day Week

Why India's Banks Need A Five-Day Week

Rediff.com6 Oct 2026

A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.

Nana Patekar: 'Never Seen Rs 1 lakh In My Life'

Nana Patekar: 'Never Seen Rs 1 lakh In My Life'

Rediff.com6 days ago

'People started fearing Nana Patekar's frankness. Kuchh bhi bol sakta hai yeh. He once pointed to a major respected politician's belly and asked 'Kya hai yeh?''

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

Rediff.com11 Oct 2026

A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.

'Leave ISRO ALONE!'

'Leave ISRO ALONE!'

Rediff.com28 Sep 2026

'I don't think the government will sacrifice such a fine institution for monetary gains.'

Railways To Phase Out ICF Coaches By FY28

Railways To Phase Out ICF Coaches By FY28

Rediff.com2 Oct 2026

Roughly 340-350 such rakes remain to be converted out of around 2,000 rakes.

RBI Repo Rate Hike: What It Means For Your EMI

RBI Repo Rate Hike: What It Means For Your EMI

Rediff.com7 Oct 2026

The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.

Repo Rate Hike: Impact On Loans, FDs

Repo Rate Hike: Impact On Loans, FDs

Rediff.com8 Oct 2026

'Existing borrowers who have surplus cash should make partial loan prepayments to offset the impact of rising EMIs and reduce the overall interest burden.'

Maria Goretti: 'I Miss Making Money'

Maria Goretti: 'I Miss Making Money'

Rediff.com21 Jul 2026

Maria Goretti details her journey of losing and rediscovering her identity, saying, 'After being home for so long, I think somewhere I lost myself. I had nothing.'

How To Protect Inherited Jewellery From Tax Disputes

How To Protect Inherited Jewellery From Tax Disputes

Rediff.com5 Oct 2026

The assessee must explain the nature and source of jewellery and support the explanation with evidence, tax experts say.

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

Rediff.com8 Oct 2026

The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.

Dupahiya 2 Review: Less Humour, More Mayhem

Dupahiya 2 Review: Less Humour, More Mayhem

Rediff.com2 Oct 2026

Dupahiya 2 offers a chaotic yet engaging follow-up to its first season, notes Deepa Gahlot.

Aditya-L1 Gives ISRO A Solar Edge

Aditya-L1 Gives ISRO A Solar Edge

Rediff.com3 days ago

'It is to observe the Sun continuously that you have the Aditya L1 mission.' 'It is in a position from where it can observe the Sun continuously.'

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Rediff.com7 Oct 2026

Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.

GST Bachat Utsav Gets Half Of Rs 54 Crore Ad Spend

GST Bachat Utsav Gets Half Of Rs 54 Crore Ad Spend

Rediff.com6 Oct 2026

Across all 10 schemes from FY24 to FY26, print media captured 58.8 per cent of the total ad spending, followed by electronic media at 19.5 per cent, digital media at 14.6 per cent, and outdoor media at 7.2 per cent.

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

Rediff.com6 Oct 2026

The Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.

AI Can Disrupt Jobs, Not Doom Humanity

AI Can Disrupt Jobs, Not Doom Humanity

Rediff.com30 Sep 2026

'My biggest fear about AI is that humans are going to rush to deploy it before AI is ready.'

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

GST Council to focus on process reforms, ease of doing business

GST Council to focus on process reforms, ease of doing business

Rediff.com8 Oct 2026

The Goods and Services Tax (GST) Council is set to discuss proposals aimed at transforming the complex indirect tax system into a more business-friendly regime, focusing on simplifying compliance, reducing administrative burdens, and potentially raising the prosecution threshold.

India's services sector growth hits 3-month high in September on strong domestic demand

India's services sector growth hits 3-month high in September on strong domestic demand

Rediff.com6 Oct 2026

India's services sector experienced its strongest growth in three months in September, with the HSBC India Services PMI Business Activity Index rising to 55.2, driven by a sharp increase in new orders and strengthening domestic demand.

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

Rediff.com6 Oct 2026

India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.

Why India Needs A Unique AI Safety Framework

Why India Needs A Unique AI Safety Framework

Rediff.com4 Oct 2026

Industry experts advocate for India to develop its own artificial intelligence (AI) safety framework, distinct from US or EU models, to address unique challenges like deepfakes and cyberattacks. They call for a comprehensive commitment involving all stakeholders and a hybrid regulatory approach combining voluntary and binding measures, as the Indian government also considers new AI regulations.

How Long Can The Modi Government Stay Deaf?

How Long Can The Modi Government Stay Deaf?

Rediff.com4 days ago

When it pretends to be deaf, a situation can snowball into something it cannot contain. The government cannot dismiss public anger merely because protests are inconvenient or politically embarrassing, asserts Ramesh Menon.

10 IPO Checks Before You Invest

10 IPO Checks Before You Invest

Rediff.com17 Sep 2026

Dig into the prospectus. Use the prospectus to understand the business and its risks.

IIT grad, bank manager among 6 held for 'digital arrest' scam

IIT grad, bank manager among 6 held for 'digital arrest' scam

Rediff.com18 Sep 2026

Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.

Noel Tata: We Hope RBI Will Find Common Ground With Us

Noel Tata: We Hope RBI Will Find Common Ground With Us

Rediff.com30 Sep 2026

Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.

August IPOs Hit Jackpot With 100% Listing Gains

August IPOs Hit Jackpot With 100% Listing Gains

Rediff.com15 Sep 2026

Eighteen mainboard IPOs raised Rs 28,976 crore and carry Rs 2.48 trillion of market value -- 8.6 times the capital raised.

RBI Rate Hike to Test Housing Affordability, Buyer Sentiment During Festive Season

RBI Rate Hike to Test Housing Affordability, Buyer Sentiment During Festive Season

Rediff.com8 Oct 2026

The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.

Sebi Reviews UPI Charges For Brokers

Sebi Reviews UPI Charges For Brokers

Rediff.com18 Sep 2026

'Treating stock brokers as merchants for MDR is fundamentally misplaced.'

Mumbai-Navi Mumbai Flight Shift Put On Hold

Mumbai-Navi Mumbai Flight Shift Put On Hold

Rediff.com7 Oct 2026

The process agreed on Tuesday will require MIAL to first build stakeholder agreement on the transition before taking the plan through the regulatory approval process.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

GST Council to Streamline Multi-State Registration, Document Requirements

GST Council to Streamline Multi-State Registration, Document Requirements

Rediff.com5 Oct 2026

The GST Council is set to consider a proposal allowing businesses to file for GST registration in multiple states via a single application and standardise the documents required by tax officers, aiming to enhance ease of doing business.

'Day 1 At IIT-Bombay Was Frightening'

'Day 1 At IIT-Bombay Was Frightening'

Rediff.com1 Oct 2026

'There was a huge cultural gap. I could not understand the slang, the Mumbai lingo, and would often feel left out during conversations. Since I had studied in the Hindi medium till then, I could not understand English,' says Anup Raaj, an alumnus of IIT-B and founder of InstaPreps AI, a confidence-building platform for students, and coaching institute 7Classes.

Global Headwinds Drive FPIs to Pull Rs 35,860 Crore from Indian Equities

Global Headwinds Drive FPIs to Pull Rs 35,860 Crore from Indian Equities

Rediff.com2 Oct 2026

Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.