News for 'The Financial World'

India pushes to get Pakistan back in FATF 'grey list'

India pushes to get Pakistan back in FATF 'grey list'

Rediff.com23 May 2025

India will argue for Pakistan's return to the Financial Action Task Force (FATF) grey list due to its alleged failure to combat money laundering and terror financing. The move comes after recent tensions between the two countries following a terror attack in Pahalgam, India. India believes Pakistan has not adequately addressed the issue of terrorism emanating from its territory and has diverted funds from multilateral agencies towards arms purchases.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Jun 2025

RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.

PSL to clash with IPL again! PCB eyes bigger viewership

PSL to clash with IPL again! PCB eyes bigger viewership

Rediff.com11 Jun 2025

The Pakistan Super League (PSL) next year is set to clash with the high-profile Indian Super League as the Pakistan Cricket Board (PCB) is mulling to hold the event in the same window as the IPL.

Be Prepared For Another War!

Be Prepared For Another War!

Rediff.com18 Jul 2025

India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.

IPS Deven Bharti takes over as Mumbai Police commissioner

IPS Deven Bharti takes over as Mumbai Police commissioner

Rediff.com1 May 2025

Deven Bharti, a veteran IPS officer with experience in high-profile cases including the 26/11 Mumbai terror attacks, has assumed charge as the new commissioner of Mumbai police. He emphasized the importance of effective policing, citizen engagement, and combating cybercrime as key priorities for his tenure. Bharti, known for his investigative skills, previously served in various roles within the Mumbai Police and Maharashtra Anti-Terrorism Squad.

'Dravidian South Was Cradle Of Early Urban Modernity'

'Dravidian South Was Cradle Of Early Urban Modernity'

Rediff.com21 Jul 2025

'At Keeladi, we have not come across any evidence for organised religion.'

7 Secrets That Can Make You A Crorepati

7 Secrets That Can Make You A Crorepati

Rediff.com7 Apr 2025

Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan

Pak rebuilding destroyed terror camps with IMF aid: Rajnath

Pak rebuilding destroyed terror camps with IMF aid: Rajnath

Rediff.com16 May 2025

India on Friday called on the International Monetary Fund (IMF) to reconsider its $1 billion assistance to Pakistan, suggesting that Islamabad could use it for terror funding.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

PIO's progress: Chennai-born appointed provost of MIT

PIO's progress: Chennai-born appointed provost of MIT

Rediff.com17 Jun 2025

Prof Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost, the first Indian-American to serve in this leadership role.

Systematic efforts by Modi to cripple Congress financially: Sonia

Systematic efforts by Modi to cripple Congress financially: Sonia

Rediff.com21 Mar 2024

The idea that India is the world's largest democracy is a complete lie, Rahul Gandhi alleged.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

'Operation Sindoor Was A Dream Operation'

'Operation Sindoor Was A Dream Operation'

Rediff.com23 May 2025

'The precision strikes were well planned and excellently executed. The world will be studying this operation.'

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

From Yoga to Bollywood, T20 is America's next obsession

From Yoga to Bollywood, T20 is America's next obsession

Rediff.com9 Jun 2025

Indian-American businessman Sanjay Govil is convinced Twenty20 cricket can be the next big cultural import into the United States, following a trail blazed by yoga and Bollywood-style weddings.

'US Taking Relations With Pakistan's Generals To A Very Dramatic Level'

'US Taking Relations With Pakistan's Generals To A Very Dramatic Level'

Rediff.com30 Jun 2025

'Trump's sons, and the son of Trump's Mideast envoy Steven Witkoff, are in the crypto business and recently signed deals with Pakistan's crypto council.' 'It may not be coincidental that not long before the Trump-Munir meeting, the head of Pakistan's crypto council met with Trump's White House crypto policy czar.'

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

How To Apply For A Rs 20 Lakh Study Abroad Scholarship

How To Apply For A Rs 20 Lakh Study Abroad Scholarship

Rediff.com19 Mar 2025

The SBIF Asha Scholarship Programme for Overseas Education 2024-25 aims to provide financial assistance to meritorious students from low-income families across India, ensuring the continuity of their education.

War Doesn't End After A Ceasefire

War Doesn't End After A Ceasefire

Rediff.com3 Jun 2025

Because the aftermath of what happened before continues long after. War breeds hostility and hatred and creates mistrust and greed. It extinguishes humanity and breaks the human spirit, argues Aarti David.

Ireland cancel home series against Afghanistan

Ireland cancel home series against Afghanistan

Rediff.com12 Mar 2025

Ireland were scheduled to host Afghanistan for one Test, three ODIs and three T20s in July.

India's $100 Bn Gambling Black Hole

India's $100 Bn Gambling Black Hole

Rediff.com11 Jun 2025

'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'

Gold ETFs Grow Popular in India

Gold ETFs Grow Popular in India

Rediff.com16 May 2025

'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'

Change imminent in point system in next WTC cycle?

Change imminent in point system in next WTC cycle?

Rediff.com12 Apr 2025

The current WTC system awards the same number of points -- 12 for a win, six for a tie and four for a draw -- which has given rise to discontent that India, England and Australia -- the Big Three in cricket -- "are disadvantaged as they play more games against each other".

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Bold Moves Must For Silver Screen To Sparkle Again

Bold Moves Must For Silver Screen To Sparkle Again

Rediff.com12 Jul 2025

More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.

Ex Aus pacer urges overseas players to skip remainder of IPL

Ex Aus pacer urges overseas players to skip remainder of IPL

Rediff.com16 May 2025

'If I had to make a call whether to head back to India and finish the tournament, it would be an easy decision. It's a no from me. Lives and safety are the most important thing, not pay cheques.'

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

World Bank ups India growth forecast to 7% for FY25

World Bank ups India growth forecast to 7% for FY25

Rediff.com3 Sep 2024

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.

India's GDP growth revised downward to 6.3% for 2025

India's GDP growth revised downward to 6.3% for 2025

Rediff.com17 May 2025

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.

India's 2030 CWG bid: 'Is it to really develop sports or...?'

India's 2030 CWG bid: 'Is it to really develop sports or...?'

Rediff.com21 Apr 2025

Edwin Moses questions India's intent to bid for 2030 CWG.

Fitch cuts India growth estimates by 10 bps to 6.4%

Fitch cuts India growth estimates by 10 bps to 6.4%

Rediff.com17 Apr 2025

Fitch Ratings on Thursday cut India's GDP growth estimate by 10 basis points to 6.4 per cent for the current fiscal, but retained the projections for the next financial year, on concerns over a 'severe' escalation in global trade war. "It is hard to predict US trade policy with any confidence. Massive policy uncertainty is hurting business investment prospects, equity price falls are reducing household wealth, and US exporters will be hit by retaliation," Fitch said in its special update to quarterly Global Economic Outlook (GEO).

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

Did Pahalgam Attack Have A UN Angle?

Did Pahalgam Attack Have A UN Angle?

Rediff.com8 May 2025

Pakistan was waiting for an opportunity to bring the Jammu and Kashmir issue to the global agenda and resorted to the terrorism route to provoke India, observes Ambassador T P Sreenivasan.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com18 May 2025

Stock markets will be mainly driven by quarterly earnings by corporates, foreign fund flows and global trends this week, analysts said.

Air India crash: Indian diaspora in UK helps in fundraisers

Air India crash: Indian diaspora in UK helps in fundraisers

Rediff.com14 Jun 2025

The Indian diaspora in London has been rallying around to coordinate fundraisers to support the UK-based family members of the Ahmedabad plane crash victims, including urgent assistance for two orphaned children.

Jio Financial to list on bourses on Aug 21

Jio Financial to list on bourses on Aug 21

Rediff.com18 Aug 2023

Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening in the scrip. The listing on BSE and NSE has been scheduled a day before FTSE Russell plans to drop JFSL from its indices.

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