News for 'The Financial World'

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

Why Indian Chess Fraternity Is Upset

Why Indian Chess Fraternity Is Upset

Rediff.com21 Aug 2025

The All India Chess Federation did not utilise Rs 3.12 crore out of the central government's allocation of Rs 5.2 crore during FY25.

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

Rediff.com23 Jul 2025

The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.

Brush With Death

Brush With Death

Rediff.com1 Aug 2025

Glimpses from India and around the world that will make you smile and cry.

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

US Will Eventually Realise India Can't Be Bullied

US Will Eventually Realise India Can't Be Bullied

Rediff.com12 Sep 2025

'Things may get much worse before they get better,' predicts Ajay Chhibber.

FPIs pulled out $1.8 bn from financial stocks in first half of August

FPIs pulled out $1.8 bn from financial stocks in first half of August

Rediff.com22 Aug 2024

Foreign portfolio investors (FPIs) withdrew Rs 14,790 crore ($1.8 billion) from financial stocks in the first half of August, driven by global risk aversion sparked by US recession fears. Additional factors contributing to the decline in banking stocks included subdued earnings growth in the June quarter, concerns about slowing deposit growth, and stricter liquidity norms imposed by the Reserve Bank of India.

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Rediff.com31 Aug 2025

Indian non-profit 'Educate Girls' wins the Ramon Magsaysay Award for its work in educating out-of-school girls in remote villages. The award recognizes selfless service to the peoples of Asia.

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

Gold Prices Can Rise Up To 15% By December-End: WGC

Gold Prices Can Rise Up To 15% By December-End: WGC

Rediff.com17 Jul 2025

This translates into an annual return of 40 per cent, suggests a recent note by the World Gold Council.

Why A Chess Master Has Complained Against AICF

Why A Chess Master Has Complained Against AICF

Rediff.com15 Aug 2025

International Master Atanu Lahiri, a former joint secretary, AICF, in a complaint to the Registrar of Societies, Tamil Nadu has urged the initiation of a probe on alleged mismanagement or misuse of AICF funds and even dissolve the chess body if gross violation of its objectives and obligations were found.

FIFA's big move to fix ailing Indian football!

FIFA's big move to fix ailing Indian football!

Rediff.com2 Aug 2025

FIFA on Saturday launched its first talent academy for youngsters in India in collaboration with the All India Football Federation (AIFF), aiming to provide advanced training to talented footballers in the country.

Feeling Lonely? Here's How To Beat It

Feeling Lonely? Here's How To Beat It

Rediff.com29 Jul 2025

In a world that needs more connection, learn how to break free from loneliness, build meaningful relationships, and improve your health.

Son Heung-min joins LAFC in record MLS transfer deal

Son Heung-min joins LAFC in record MLS transfer deal

Rediff.com7 Aug 2025

Son Heung-min said he is "here to win" after he joined Los Angeles FC for a record Major League Soccer transfer fee, ending a decade-long stint at Tottenham Hotspur.

Want To Invest in MNC Funds?

Want To Invest in MNC Funds?

Rediff.com19 Jul 2025

Despite recent underperformance, MNC funds have delivered over longer time frames.

Stock markets end flat in volatile trade

Stock markets end flat in volatile trade

Rediff.com14 Aug 2025

Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

'Anyone who doesn't think India runs cricket world is deluded'

'Anyone who doesn't think India runs cricket world is deluded'

Rediff.com4 Feb 2025

Pietersen gives thumbs up to IPL owners' investment in English teams

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

Sensex tanks 721 pts dragged by Bajaj Finance, foreign fund outflows

Sensex tanks 721 pts dragged by Bajaj Finance, foreign fund outflows

Rediff.com25 Jul 2025

Stock markets declined for the second day in a row on Friday, with the Sensex tumbling 721 points due to heavy selling in financial, IT and oil & gas shares amid persistent foreign fund outflows.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

Modi@75: The Man Who Changed India

Modi@75: The Man Who Changed India

Rediff.com16 Sep 2025

Let there be no doubt that Modi in these 24 years so far has reshaped politics and governance considerably, if not completely, asserts Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

'Where has all the money gone?': Bhutia slams AIFF boss

'Where has all the money gone?': Bhutia slams AIFF boss

Rediff.com13 Aug 2025

Bhutia and Chaubey have shared a history of verbal spats, with the former frequently questioning Chaubey's leadership, even calling the AIFF a "circus"

India among top fintech hotspots globally: WEF study

India among top fintech hotspots globally: WEF study

Rediff.com25 Jun 2025

A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

'Pant is better than Shahid Afridi'

'Pant is better than Shahid Afridi'

Rediff.com8 Jul 2025

On the field too, the depth and talent is unmatched. Mushtaq acknowledged the gulf between India and the Rest.

For Pujara Batting Was Like Meditation

For Pujara Batting Was Like Meditation

Rediff.com25 Aug 2025

Every innings he played will be remembered along with every drop of sweat he shed to display the purity of technique with resilience, recalls veteran cricket correspondent K R Nayar.

Top 10 Courses For Commerce Students After Class 12

Top 10 Courses For Commerce Students After Class 12

Rediff.com2 Jun 2025

In today's dynamic economic landscape, commerce and management education is crucial for a global career, says Nayagam PP.

Why Trump Is A Man In A Hurry

Why Trump Is A Man In A Hurry

Rediff.com31 Jul 2025

Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

AdFalciVax Is India's Malaria Vaccine

AdFalciVax Is India's Malaria Vaccine

Rediff.com21 Jul 2025

'AdFalciVax may offer advantages such as broader protection and a lower risk of immune evasion compared to existing single-stage malaria vaccines.'

How Tamil Nadu churn out top-tier chess talents

How Tamil Nadu churn out top-tier chess talents

Rediff.com12 Jun 2025

Tamil Nadu has been been churning out top-tier chess for decades at an unrivaled rate. Out of the 85 Grand Masters in India, 31 are from the southern state.

Why Short-Sellers Are Key For Balanced Market

Why Short-Sellers Are Key For Balanced Market

Rediff.com25 Jul 2025

When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

How much salary does Mukesh Ambani draw?

How much salary does Mukesh Ambani draw?

Rediff.com7 Aug 2025

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row and dividends remain his main source of earnings. Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

Ambani says Jio was biggest risk of his life

Ambani says Jio was biggest risk of his life

Rediff.com25 Jun 2025

Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.

'Your Trip Is On Me..' Neeraj Fulfills Fan's Wish!

'Your Trip Is On Me..' Neeraj Fulfills Fan's Wish!

Rediff.com27 Jun 2025

Double Olympic-medallist Neeraj Chopra showed his generous and compassionate side, surprising a fan with an all-expense paid trip to watch the Neeraj Chopra Classic, to be held in Bengaluru next week.

'Corruption Is No Longer A Bad Word'

'Corruption Is No Longer A Bad Word'

Rediff.com5 Aug 2025

'When India opened its doors to the world, moving away from an agrarian to a market economy, everything, whether life or love, was commodified.'