News for 'The Financial Times'

Police Make Key Arrest, Recover Firearms In Tiger Shroff Case

Police Make Key Arrest, Recover Firearms In Tiger Shroff Case

Rediff.com1 days ago

Mumbai Police have arrested a 22-year-old man in Indore and recovered two firearms from Surat in connection with the shooting incident targeting Bollywood actor Tiger Shroff's car. The total number of arrests in the case has now reached 11, with police also revealing that assailants received real-time updates on the investigation via news channels.

Buying A Car This Festive Season? Avoid These Loan Mistakes

Buying A Car This Festive Season? Avoid These Loan Mistakes

Rediff.com4 days ago

Choose a car loan that fits your budget, keeps EMIs manageable and saves you money on interest, not just one with attractive festive offers.

Nine Navratri Life Insurance Lessons

Nine Navratri Life Insurance Lessons

Rediff.com14 Oct 2026

Here are nine lessons, one for each night of the Navratri festival, that can help any household think about protection clearly.

Cheap IPOs Are Paying Off In 2026

Cheap IPOs Are Paying Off In 2026

Rediff.com4 days ago

Investors who bought attractively valued IPOs and held on have earned strong returns, particularly when the money raised went into companies rather than into the pockets of exiting shareholders.

Maresca staunchly defends Man City's achievements, dismisses 'tainted' claims

Maresca staunchly defends Man City's achievements, dismisses 'tainted' claims

Rediff.com9 Oct 2026

Enzo Maresca, Manchester City's manager, has emphatically defended the club's achievements, rejecting any suggestion their titles were tainted by financial-rule breaches and stating the ongoing investigation would not have deterred him from taking the job.

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

Rediff.com5 days ago

Avenue Supermarts (DMart) reported lower-than-expected Q2FY27 performance, with revenue growth of 18.4 per cent year-on-year but visible margin pressure, leading to a 4.5 per cent stock drop. The company faces challenges from lower-margin sales, operating cost pressures, and aggressive store expansion, impacting profitability despite improved same-store sales growth.

UK PM Andy Burnham Faces Questions Over Support for Manchester City

UK PM Andy Burnham Faces Questions Over Support for Manchester City

Rediff.com12 Oct 2026

British Prime Minister Andy Burnham's past meetings with Manchester City chairman Khaldoon Al Mubarak have come under scrutiny following criticism of Burnham's initial response to the club's financial rule breaches.

'CHEATS' chants, 114 balloons: Man City face Anfield fury

'CHEATS' chants, 114 balloons: Man City face Anfield fury

Rediff.com11 Oct 2026

Liverpool fans staged a vocal protest against Manchester City at Anfield following the verdict of 114 breaches of Premier League financial rules. Supporters displayed banners, chanted, and booed, while police were on alert for potential bus targeting, though City's team took an alternate route.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com15 Oct 2026

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

RBI Brings Bank Deposits Into CAS

RBI Brings Bank Deposits Into CAS

Rediff.com8 Oct 2026

'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'

85% of Maha declared drought-hit; farmers to get Rs 5,000 aid

85% of Maha declared drought-hit; farmers to get Rs 5,000 aid

Rediff.com14 Oct 2026

Maharashtra is grappling with an escalating drought crisis, with 305 talukas now declared drought-hit, prompting the state government to announce Rs 5,000 in financial aid for farmers before Diwali and extend comprehensive relief measures.

Why India's Cyber Agency Is Worried About AI Agents

Why India's Cyber Agency Is Worried About AI Agents

Rediff.com1 days ago

Most of the companies AI models and AI agents targeted had no idea their networks had been breached.

Jio Platforms IPO: What it means for Reliance's debt-free ambition and shareholder value

Jio Platforms IPO: What it means for Reliance's debt-free ambition and shareholder value

Rediff.com16 Oct 2026

Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is launching its initial public offering (IPO) with a price band of 1,065-1,119 a share, aiming to make RIL a net-debt-free company and create long-term shareholder value.

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Rediff.com5 days ago

Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.

Which Indian City Had More Than 1 Lakh People In The 1700s?

Which Indian City Had More Than 1 Lakh People In The 1700s?

Rediff.com3 Oct 2026

An urban map of the largest cities in the world, by population, in the early 1700s looked almost empty by today's standards.

Stock Markets Today: Sensex, Nifty open higher as IT stocks rally

Stock Markets Today: Sensex, Nifty open higher as IT stocks rally

Rediff.com2 days ago

Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track

Hockey India League Revival: Ministry Forms Seven-Member Committee

Hockey India League Revival: Ministry Forms Seven-Member Committee

Rediff.com7 Oct 2026

The Sports Ministry has established a seven-member committee, including representatives from Hockey India, HIL franchises, and the ministry, to address the crisis and work towards the revival of the Hockey India League. This follows a September meeting where Sports Minister Mansukh Mandaviya discussed concerns with stakeholders, aiming to resolve issues related to governance, finance, and structure.

Insufficient Evidence Leads To Acquittal In Bahraich Poisoning Death

Insufficient Evidence Leads To Acquittal In Bahraich Poisoning Death

Rediff.com17 Oct 2026

A local court in Bahraich has acquitted Ankita Jaiswal and Dilip Kumar Patel in a 2021 poisoning case that led to the death of a two-year-old and illness of four others. The court found circumstantial evidence insufficient. Ankita had been jailed since August 2021 and received free legal aid.

Man City 'More United' After Premier League Charges, Arsenal's Zubimendi Set for Return

Man City 'More United' After Premier League Charges, Arsenal's Zubimendi Set for Return

Rediff.com17 Oct 2026

Manchester City's head coach Enzo Maresca stated that the club's players and supporters have grown closer following the Premier League's financial rule breach charges, while Arsenal boss Mikel Arteta provided an update on player injuries, with Martin Zubimendi potentially returning and Piero Hincapie still sidelined.

Photos: Prime Minister Narendra Modi celebrates India's Asian Games heroes

Photos: Prime Minister Narendra Modi celebrates India's Asian Games heroes

Rediff.com15 Oct 2026

Prime Minister Narendra Modi met India's Asian Games medal-winners, including the gold-winning cricket teams, on Thursday. He praised their achievements, highlighting India's growing strength in sports and its ambition to become a credible host for major international events, including a bid for the 2036 Olympics. Modi also emphasised the government's support for athletes and urged medallists to mentor the next generation.

'Manchester City should be punished severely'

'Manchester City should be punished severely'

Rediff.com5 Oct 2026

Canada coach Jesse Marsch has called for Manchester City to be severely punished, including relegation, over breaches of Premier League financial rules, citing inconsistencies he observed during his time managing in England.

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

Rediff.com12 Oct 2026

A special PMLA court in Mumbai has allowed the monetisation of attached assets worth over Rs 3,400 crore in the National Spot Exchange Limited (NSEL)-linked payment default case. This decision paves the way for the restitution of funds to thousands of investors who have been awaiting recovery for 13 years since the 2013 payment default.

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

PMLA Court Greenlights Monetisation Of Rs 3,400 Crore NSEL Assets

Rediff.com12 Oct 2026

A special PMLA court in Mumbai has allowed the monetisation of attached assets worth over Rs 3,400 crore in the National Spot Exchange Limited (NSEL)-linked money laundering case. This decision paves the way for the restitution of funds to thousands of investors who have been awaiting recovery for 13 years since the 2013 payment default. Up to Rs 1,950 crore from the monetisation will be paid to 63 Moons Technologies Ltd for specified creditors.

India Builds Resilience Against Future Global Shocks

India Builds Resilience Against Future Global Shocks

Rediff.com14 Oct 2026

Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.

RBI MPC: Rate cuts off the table as inflation concerns mount

RBI MPC: Rate cuts off the table as inflation concerns mount

Rediff.com3 days ago

The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.

Should My Friend Pay His Girlfriend's Bills?

Should My Friend Pay His Girlfriend's Bills?

Rediff.com12 Oct 2026

There should be an open discussion about finances in a relationship, suggests rediffGURU Ravi Mittal, a dating coach and CEO of online dating website Quack Quack and Rebounce, a matrimony platform.

Kerala Assembly Passes Motion Against UPI MDR

Kerala Assembly Passes Motion Against UPI MDR

Rediff.com15 Oct 2026

The Kerala Legislative Assembly has passed a motion urging the central government to completely withdraw the proposed Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Chief Minister V D Satheesan and CPI MLA K Rajan highlighted concerns that the MDR would increase business costs, harm small businesses, and reduce the appeal of digital payments, while the BJP argued it would not affect general public or small merchants.

Champions League: PSG down Man City, Real Madrid edge past Roma

Champions League: PSG down Man City, Real Madrid edge past Roma

Rediff.com15 Oct 2026

Paris St Germain defeated Manchester City 4-2 in a thrilling Champions League encounter, with a dominant first-half performance. The match took place amidst scrutiny over City's financial breaches. Erling Haaland set a new record as the fastest player to reach 60 Champions League goals. Other notable results included Liverpool's 6-3 win over LASK, Aston Villa's 6-0 victory against Fenerbahce, and Real Madrid's dramatic 4-3 comeback against AS Roma.

SC refers Rajpal Yadav's bounced cheque dispute to mediation

SC refers Rajpal Yadav's bounced cheque dispute to mediation

Rediff.com15 Oct 2026

The Supreme Court has referred actor Rajpal Yadav's long-running cheque-dishonour dispute to mediation after he deposited Rs 2 crore with the court's registry. The court also directed the trial court to release his passport for professional commitments abroad. The dispute stems from a 2010 financial agreement for his directorial debut, leading to multiple cheque-bounce cases and a three-month imprisonment sentence upheld by the Delhi High Court.

RBI Governor expects surplus liquidity to drain by FY27

RBI Governor expects surplus liquidity to drain by FY27

Rediff.com9 Oct 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.

Why has the Boxing Federation suspended its secretary?

Why has the Boxing Federation suspended its secretary?

Rediff.com14 Oct 2026

Boxing Federation of India president Ajay Singh has suspended secretary general Pramod Kumar with immediate effect. The suspension is pending an inquiry into alleged financial irregularities, non-cooperation with investigations, and misuse of authority. Allegations include unauthorised work orders for broadcasting and failure to cooperate with inquiries into championship cancellations.

Online Shopping Scams: How To Stay Safe

Online Shopping Scams: How To Stay Safe

Rediff.com14 Oct 2026

Fake web sites, counterfeit goods, bogus delivery charges and fraudulent customer support agents are common warning signs.

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

Rediff.com7 days ago

The Delhi Police's Financial Monitoring Cell prevented potential losses of Rs 1.53 crore in "digital arrest" scams across five states. Their Proactive Victim Identification and Protection Team intervened to save multiple victims, including senior citizens, from transferring additional money to fraudsters who impersonated officials and threatened arrest for fabricated crimes.

Manchester City should accept punishment for rule breaches, says Lineker

Manchester City should accept punishment for rule breaches, says Lineker

Rediff.com7 Oct 2026

Former England captain Gary Lineker has urged Manchester City to admit their breaches of the Premier League's financial rules and accept their punishment, suggesting he wouldn't be surprised if they were stripped of titles.

Planning To Buy A House? How EPF Can Help

Planning To Buy A House? How EPF Can Help

Rediff.com15 Oct 2026

A member must generally have completed 12 months of EPF membership to use the facility.

RBI hikes repo rate by 25 bps to 5.50% as per market expectations

RBI hikes repo rate by 25 bps to 5.50% as per market expectations

Rediff.com7 Oct 2026

The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.

Three Killed In Violent Clash Over Ramlila Fair Finances In Pilibhit

Three Killed In Violent Clash Over Ramlila Fair Finances In Pilibhit

Rediff.com13 Oct 2026

A dispute over the income and expenditure of a Ramlila fair in Pilibhit, Uttar Pradesh, escalated into violence on Monday evening, resulting in the deaths of three people and one injury. Police have arrested the prime accused, Kaushal Gupta, following the incident in the Amariya area.

Para-Shooters Demand Probe Into Alleged Extortion For Asian Games Selection

Para-Shooters Demand Probe Into Alleged Extortion For Asian Games Selection

Rediff.com7 Oct 2026

Para-shooters have accused the Paralympic Committee of India (PCI) and its Shooting Technical Committee (STC) of financial corruption, extortion, and manipulation in the selection process for the upcoming Para Asian Games. They allege demands for a 20% commission from cash awards and manipulation of quota places, while the PCI denies all charges, asserting a merit-based selection.

NPS Central: Manage Your Pension Without PRAN

NPS Central: Manage Your Pension Without PRAN

Rediff.com2 days ago

Subscribers do not need to remember their PRAN to log in through this process.

Jammu EOW Charges Two In Multi-Lakh Investment Scam

Jammu EOW Charges Two In Multi-Lakh Investment Scam

Rediff.com5 Oct 2026

The Economic Offences Wing (EOW) of the Crime Branch Jammu has filed a chargesheet against two individuals, Manoj Kumar and Vikram Singh, in a financial fraud case involving over Rs 1.22 crore collected from investors in Samba district. The accused allegedly induced residents to invest in schemes from unregistered or de-registered NBFCs, promising high returns but failing to deliver.