News for 'Rediff Money'

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Rediff.com22 Jun 2026

Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.

'You Need Khoon, Paseena, Mitti Ki Khushboo'

'You Need Khoon, Paseena, Mitti Ki Khushboo'

Rediff.com4 days ago

'All of that combined makes a Hindustani film.'

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com15 Jun 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Novartis Launches Prostate Cancer Radiotherapy

Novartis Launches Prostate Cancer Radiotherapy

Rediff.com7 days ago

The launch highlights the growing maturity of India's nuclear medicine ecosystem.

Why Make Yoga Day A Ritual

Why Make Yoga Day A Ritual

Rediff.com22 Jun 2026

We have Yoga Day. We have Hindi Day. We have, I am fairly certain, so many days, though I have never met anyone enjoying these days, notes Binu Alex.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Tender Scam Blows Lid Off Bihar Corruption

Tender Scam Blows Lid Off Bihar Corruption

Rediff.com19 Jun 2026

'As the Bihar government's focus is on development and infrastructure projects worth thousands of crores, Rishu Sinha created a network to pay a decent commission to government officials for securing tenders.'

Akshay, Suriya, Michael Arrive On OTT...

Akshay, Suriya, Michael Arrive On OTT...

Rediff.com12 Jun 2026

Catch Akshay chase off bhoots, Suriya's blockbuster, the King of Pop and more on OTT this week. Sukanya Verma lists your hot picks.

Gurugram Digital Arrest Scam: Five Arrested In Rs 42.92 Lakh Fraud Case

Gurugram Digital Arrest Scam: Five Arrested In Rs 42.92 Lakh Fraud Case

Rediff.com3 Jun 2026

Gurugram police have arrested five individuals in connection with a Rs 42.92 lakh digital arrest scam. The fraudsters posed as CBI officers, intimidated a victim, and coerced them into transferring a large sum of money. The arrested individuals include account holders and those who withdrew the defrauded cash.

No Stopping For Retail Investors In Equity Markets

No Stopping For Retail Investors In Equity Markets

Rediff.com5 Jun 2026

In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.

Gold Imports Fall After Duty Hike

Gold Imports Fall After Duty Hike

Rediff.com19 Jun 2026

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Rediff.com19 Jun 2026

India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.

'What If A Mother's Daughter Goes Missing?'

'What If A Mother's Daughter Goes Missing?'

Rediff.com5 days ago

'How will this woman find her? And how does that affect her, because it's not a biological relationship.'

Property Ownership Hinges On Funding

Property Ownership Hinges On Funding

Rediff.com16 Jun 2026

Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.

RBI Plans New UPI Safety Checks

RBI Plans New UPI Safety Checks

Rediff.com2 Jun 2026

Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.

What Joint Account Holders Must Know

What Joint Account Holders Must Know

Rediff.com29 May 2026

Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.

Generative AI Set To Add Billions To Indian Real Estate Sector

Generative AI Set To Add Billions To Indian Real Estate Sector

Rediff.com18 Jun 2026

A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.

Gram Chikitsalay Season 2 Review: A Heartwarming Upgrade Within Panchayat's Shadow

Gram Chikitsalay Season 2 Review: A Heartwarming Upgrade Within Panchayat's Shadow

Rediff.com6 days ago

Gram Chikitsalay Season 2 returns with a confirmed connection to Panchayat universe and a more heartwarming narrative, observes Sreeju Sudhakaran.

Govt Ratifies 8.25% EPF Interest for FY'26, Credit Expected This Month

Govt Ratifies 8.25% EPF Interest for FY'26, Credit Expected This Month

Rediff.com18 Jun 2026

The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.

Maruti Launches RD-Backed Car Loan

Maruti Launches RD-Backed Car Loan

Rediff.com6 Jun 2026

The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

'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.'

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.

Why Kashmiris Are Donating Gold, Money For Iran

Why Kashmiris Are Donating Gold, Money For Iran

Rediff.com25 Mar 2026

'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'

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.'

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.

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.

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.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

Want To Exchange Gold? Read This First

Want To Exchange Gold? Read This First

Rediff.com1 Jun 2026

'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'

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.

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.'

Operation Mule Hunt 2.0 Uncovers Massive Cyber Fraud Network

Operation Mule Hunt 2.0 Uncovers Massive Cyber Fraud Network

Rediff.com8 Jun 2026

Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.

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.

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.

10 Hindi Comedies Where The Dead Stole the Show

10 Hindi Comedies Where The Dead Stole the Show

Rediff.com27 May 2026

Death may be a tragic affair, but cinema has often found humour lurking even within the morbid.

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.

SRK Didn't Like Cricket': Lalit Modi Reveals How Shah Rukh Bought KKR

SRK Didn't Like Cricket': Lalit Modi Reveals How Shah Rukh Bought KKR

Rediff.com3 Jun 2026

Lalit Modi reveals how a hesitant Shah Rukh Khan was persuaded to buy Kolkata Knight Riders in 2008, helping create one of the IPL's most iconic franchises.

The Last Trip With My Father

The Last Trip With My Father

Rediff.com4 days ago

At Kolga Aabla, the closest beach to her grandmother's home, at the edge of a birch forest, we immersed her balance ashes. It was a sombre, precious day for both of us. But a day that also brought long-needed closure. My mother's spirit, chained for so many years in a Parkinson's-locked body, was free. But my father came back from the beach a visibly older man.

Go Debt-Free Or Invest? Key Money Questions Answered

Go Debt-Free Or Invest? Key Money Questions Answered

Rediff.com28 Apr 2026

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries