News for 'State for Finance'

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com12 May 2026

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com12 May 2026

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com7 May 2026

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

Hazaribag SP Office Treasury Scam: Arrests Increase, Embezzlement Reaches Rs 28 Crore

Hazaribag SP Office Treasury Scam: Arrests Increase, Embezzlement Reaches Rs 28 Crore

Rediff.com10 Apr 2026

The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.

Samrat Choudhary's govt wins trust vote in Bihar assembly

Samrat Choudhary's govt wins trust vote in Bihar assembly

Rediff.com24 Apr 2026

The BJP-led government in Bihar secured a vote of confidence in the state assembly, with Chief Minister Samrat Choudhary pledging economic development and significant investments. The motion was passed amidst heated debates and accusations between the ruling NDA and the opposition, highlighting political tensions and differing views on issues like women's reservation.

'Real Issue Is Land, Not Religion In Assam'

'Real Issue Is Land, Not Religion In Assam'

Rediff.com5 May 2026

'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Why Modi Empowered ED To Tackle Financial Crimes

Why Modi Empowered ED To Tackle Financial Crimes

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Interstate Arms Syndicate Busted By Delhi Police; Nine Arrested

Interstate Arms Syndicate Busted By Delhi Police; Nine Arrested

Rediff.com29 Apr 2026

The Delhi Police have dismantled an interstate arms trafficking syndicate with alleged international connections, arresting nine individuals and seizing a cache of sophisticated firearms and ammunition.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com13 Apr 2026

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

Deadly storms claim seven lives in UP; power supply disrupted

Deadly storms claim seven lives in UP; power supply disrupted

Rediff.com30 Apr 2026

Seven people, including two minors and an elderly person, were killed and 21 were injured in storm-related incidents in separate areas of Sultanpur, Uttar Pradesh. The storm also disrupted power supply, damaging transformers and electricity poles.

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

Key Lashkar figure and Hafiz Saeed aide Yousaf Afridi shot dead in Pakistan

Key Lashkar figure and Hafiz Saeed aide Yousaf Afridi shot dead in Pakistan

Rediff.com27 Apr 2026

Sheikh Yousaf Afridi, a key Lashkar-e-Taiba figure and close associate of Hafiz Saeed, was shot dead by unidentified gunmen in Pakistan's Khyber Pakhtunkhwa, police said.

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Key LeT Figure Yousaf Afridi Killed In Pakistan

Key LeT Figure Yousaf Afridi Killed In Pakistan

Rediff.com28 Apr 2026

Sheikh Yousaf Afridi, a key Lashkar-e-Taiba figure and a close associate of Mumbai terror attack mastermind Hafiz Saeed, was shot dead by unidentified gunmen in Pakistan's Khyber Pakhtunkhwa, police said.

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Rediff.com4 May 2026

A Delhi court has dismissed the bail application of Al-Falah chairman Jawad Ahmad Siddiqui in a Rs 493-crore money laundering case being investigated by the Enforcement Directorate, saying that the allegations against him are 'grave in nature'.

Why Rijiju Is Calling TMC Anti-Women

Why Rijiju Is Calling TMC Anti-Women

Rediff.com19 Apr 2026

Union Minister Kiren Rijiju has accused the Trinamool Congress (TMC) of being 'anti-women' and obstructing the passage of the women's reservation bill in Lok Sabha. He criticised the TMC's opposition to the bill and defended the BJP's commitment to increasing women's representation in politics.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

Why Modi Gave More Powers To The Enforcement Directorate

Why Modi Gave More Powers To The Enforcement Directorate

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Why Odisha Bank Asked Man To Bring Sister's Skeleton

Why Odisha Bank Asked Man To Bring Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to prove her death and withdraw her money, sparking outrage and prompting government intervention.

Odisha tribal man carries sister's skeleton to bank to withdraw Rs 19,300

Odisha tribal man carries sister's skeleton to bank to withdraw Rs 19,300

Rediff.com28 Apr 2026

A tribal man in Odisha's Keonjhar district brought the skeleton of his dead sister to a bank to withdraw money deposited in her name after bank officials insisted on the account holder's presence.

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Rediff.com22 Apr 2026

Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Why AI Skills Are Crucial For Salary Hikes In India

Why AI Skills Are Crucial For Salary Hikes In India

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Rediff.com10 Apr 2026

The Hazaribag Superintendent of Police (SP) Office treasury scam has seen further developments with more arrests and a significant increase in the embezzlement amount to 28 crore. The investigation continues, with authorities pursuing leads in Bihar and freezing suspicious accounts.

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Rediff.com30 Apr 2026

Kanpur Police have dismantled a sophisticated cyber fraud syndicate, arresting eight individuals, including five bank officials, for facilitating mule accounts and hawala transactions worth Rs 125 crore.

Boy Mortgages Mother's Jewellery for iPhone Loan

Boy Mortgages Mother's Jewellery for iPhone Loan

Rediff.com8 Apr 2026

A minor boy in Hamirpur, India, stole his mother's jewellery and mortgaged it to obtain a loan of Rs 3 lakh to purchase an iPhone. Police recovered the jewellery and are investigating the involvement of the boy's sister and a friend.

Rajasthan Police Freeze Property Bought With Drug Money

Rajasthan Police Freeze Property Bought With Drug Money

Rediff.com18 Apr 2026

Rajasthan Police have frozen a house in Nagaur district worth over Rs 1 crore, allegedly built using proceeds from drug trafficking, officials said.

Mamata Banerjee Alleges Car Search Attempt by Central Forces

Mamata Banerjee Alleges Car Search Attempt by Central Forces

Rediff.com15 Apr 2026

West Bengal Chief Minister Mamata Banerjee has accused central forces of attempting to search her car while en route to Kolkata airport, alleging misuse of central machinery by the BJP ahead of state elections.

JD-U reveals why it ceded Bihar's reins to BJP after Nitish exit

JD-U reveals why it ceded Bihar's reins to BJP after Nitish exit

Rediff.com23 Apr 2026

The JD(U) stated that it supported the BJP for the Bihar chief minister's post to reciprocate past support, as the new government prepares for a vote of confidence.

Hawala Probe Launched Against AAP Candidate In Gujarat

Hawala Probe Launched Against AAP Candidate In Gujarat

Rediff.com22 Apr 2026

Police in Gujarat's Panchmahal district are investigating an Aam Aadmi Party candidate and two party workers for alleged hawala transactions involving over Rs 50 lakh ahead of local body polls.

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Rediff.com10 Apr 2026

Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Rediff.com20 Apr 2026

Indian benchmark indices, Sensex and Nifty, closed almost unchanged in a volatile session as investors reacted cautiously to mounting geopolitical headwinds and a significant jump in crude oil prices, with Brent crude surging to USD 94.68 per barrel.

Hormuz Hopes Drive Market Surge

Hormuz Hopes Drive Market Surge

Rediff.com28 Apr 2026

Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?