News for 'Rediff Money'

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Rediff.com23 May 2026

Gujarat cyber police have arrested 13 individuals allegedly involved in a network responsible for 982 cyber crimes across India, resulting in losses of over Rs 631 crore.

Cyber Fraud Racket Busted In Rajasthan; 17 Arrested

Cyber Fraud Racket Busted In Rajasthan; 17 Arrested

Rediff.com2 May 2026

Rajasthan Police dismantled a cyber fraud operation, arresting 17 individuals for allegedly defrauding an accountant of Rs 5.30 crore by impersonating his company's chairman on WhatsApp.

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Rediff.com5 Jun 2026

Listed capital market companies in India delivered strong fourth-quarter earnings growth, with a universe of 12 firms posting 30 per cent year-on-year revenue growth and 19 per cent earnings growth in Q4FY26, despite mark-to-market (MTM) losses impacting headline profitability for some.

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com19 May 2026

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

Kerala Police Warns Of New Mattress Cyber Fraud

Kerala Police Warns Of New Mattress Cyber Fraud

Rediff.com9 May 2026

Kerala Police have issued a warning about a new form of cyber fraud targeting people buying mattresses online. Fraudsters pose as fake customer care representatives of mattress companies and pressure customers into making immediate payments.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Haryana Hospital Raided For Illegal Sex Determination Operation

Haryana Hospital Raided For Illegal Sex Determination Operation

Rediff.com21 May 2026

Haryana health officials busted an alleged illegal sex determination operation at Aayu Hospital in Gurugram, leading to the arrest of a radiologist and the sealing of an ultrasound machine.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

India's Services PMI Hits 6-Month High in May Amid Robust Demand

India's Services PMI Hits 6-Month High in May Amid Robust Demand

Rediff.com3 Jun 2026

India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.

UPI Transactions Surge To Record Highs In May: Key Drivers

UPI Transactions Surge To Record Highs In May: Key Drivers

Rediff.com1 Jun 2026

UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.

'Vijay Brings A Modern Look As Youth Are With Him'

'Vijay Brings A Modern Look As Youth Are With Him'

Rediff.com4 Jun 2026

'Present day youth are not interested in the past. They want to see what you are going to do now.'

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

SIF Accounts Cross 50,000 Milestone

SIF Accounts Cross 50,000 Milestone

Rediff.com4 Jun 2026

The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.

IIT Guwahati Develops Innovative Semiconductor Platform

IIT Guwahati Develops Innovative Semiconductor Platform

Rediff.com3 Jun 2026

'Our research demonstrates the potential of perovskite-based semiconductor technologies for next-generation solar cells and memory devices.'

What Investors Should Know About SIFs

What Investors Should Know About SIFs

Rediff.com19 May 2026

Investors can begin investing in mutual funds with as little as Rs 100.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

'The Way You Buy Is Going To Change'

'The Way You Buy Is Going To Change'

Rediff.com6 Jun 2026

'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'

Household Healthcare Costs Rise Again

Household Healthcare Costs Rise Again

Rediff.com4 Jun 2026

Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Rediff.com3 Jun 2026

Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com7 Jan 2026

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

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.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Rediff.com4 Jun 2026

Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".

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.

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.

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.

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.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

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.

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.

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.

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.

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.

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Rediff.com12 Jun 2026

Main Vaapas Aaunga transcends its flaws to deliver a profoundly moving plea for humanity, anchored by heartbreakingly brilliant performances, observes Sreeju Sudhakaran.

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.