News for 'Uttam Ghosh'

Bank valuations slump despite stronger earnings growth

Bank valuations slump despite stronger earnings growth

Rediff.com26 May 2026

The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.

India's Outward FDI Jumps 27.5% to $7.06 Billion in March

India's Outward FDI Jumps 27.5% to $7.06 Billion in March

Rediff.com21 Apr 2026

India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.

Another Arrest In Amravati Obscene Videos Case

Another Arrest In Amravati Obscene Videos Case

Rediff.com20 Apr 2026

Police in Amravati, Maharashtra, have arrested a second suspect in connection with the sexual exploitation and circulation of obscene videos involving minor girls, after a victim's family reported continued contact from the accused.

Credit card adoption rises in Tier-II, -III cities

Credit card adoption rises in Tier-II, -III cities

Rediff.com20 May 2026

Credit card adoption is rapidly expanding beyond India's major metropolitan areas into Tier-II and Tier-III cities, driven by increasing incomes, digital awareness, and the integration of RuPay credit cards with UPI, according to a new report by SBI Card.

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

Rediff.com15 May 2026

Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.

Pune Police Officers Face Extortion Charges After Allegedly Framing College Principal

Pune Police Officers Face Extortion Charges After Allegedly Framing College Principal

Rediff.com9 Apr 2026

Three police personnel in Pune, including a social media influencer, are accused of extorting a college principal by threatening to falsely implicate him in a sexual harassment case.

IT Firm Harassment Case: Police Investigate Bank Accounts for Funding Links

IT Firm Harassment Case: Police Investigate Bank Accounts for Funding Links

Rediff.com14 Apr 2026

Police are investigating the bank accounts of those arrested in connection with the sexual harassment and religious conversion case involving women employees of an IT firm in Nashik to determine if they received funds for illegal activities. A special investigation team (SIT) is handling the case.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

Aadhaar Racket Busted In Rajasthan, One Arrested

Aadhaar Racket Busted In Rajasthan, One Arrested

Rediff.com17 Apr 2026

A man has been arrested in Rajasthan for his alleged involvement in an illegal Aadhaar enrolment racket, where fake Aadhaar cards were generated using manipulated biometric data.

India raises visa concerns with US over immigration policy changes

India raises visa concerns with US over immigration policy changes

Rediff.com24 May 2026

External Affairs Minister S Jaishankar raised India's concerns with US Secretary of State Marco Rubio regarding changes to US visa and immigration policies, emphasising that legal mobility should not be negatively affected. Rubio acknowledged potential 'bumps' during the transition as the US aims to improve its immigration system.

Minor Girl Allegedly Sexually Assaulted and Held Captive in Una, India

Minor Girl Allegedly Sexually Assaulted and Held Captive in Una, India

Rediff.com6 Apr 2026

Police in Una, Himachal Pradesh, are investigating the alleged sexual assault of a class 6 student who was reportedly abducted and held captive for several hours.

China surpasses US as India's largest trading partner, trade deficit widens

China surpasses US as India's largest trading partner, trade deficit widens

Rediff.com15 Apr 2026

China has emerged as India's largest trading partner in 2025-26, with bilateral trade reaching USD 151.1 billion, while India's trade deficit with Beijing widened to an all-time high of USD 112.6 billion.

Maharashtra CM Outlines Measures to Combat Investment Scam Cybercrimes

Maharashtra CM Outlines Measures to Combat Investment Scam Cybercrimes

Rediff.com17 Mar 2026

The Maharashtra government has taken steps to combat the rise in investment-related cybercrimes, including arrests, enhanced cybersecurity measures, and public awareness campaigns.

CoinDCX Founders Held Over Cryptocurrency Investment Fraud Allegations

CoinDCX Founders Held Over Cryptocurrency Investment Fraud Allegations

Rediff.com23 Mar 2026

Two co-founders of the cryptocurrency exchange platform CoinDCX have been arrested by Thane police in connection with an alleged fraud of Rs 71.6 lakh. The arrests follow an FIR filed against the founders for cheating, criminal breach of trust, and fraud.

Loan App Accused of Extortion Following Student's Death in Kerala

Loan App Accused of Extortion Following Student's Death in Kerala

Rediff.com17 Apr 2026

Police in Kerala have filed an extortion case against an online loan app following the death of a student who allegedly faced harassment and intimidation over loan recovery.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

Bengaluru Man Arrested Over 'Zombie Drug' Video Misinformation

Bengaluru Man Arrested Over 'Zombie Drug' Video Misinformation

Rediff.com10 Apr 2026

A man in Bengaluru was arrested for uploading a misleading video claiming a person was under the influence of a 'zombie drug,' leading to public panic and misinformation.

Social Media Influencer Arrested in Thane for Alleged Weapons Stockpile

Social Media Influencer Arrested in Thane for Alleged Weapons Stockpile

Rediff.com31 Mar 2026

A 55-year-old builder and social media influencer with a large Instagram following has been arrested in Thane, Maharashtra, for allegedly possessing a cache of illegal weapons. The arrest occurred shortly after his release on bail in a separate case, raising concerns about his activities and intentions.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

PPF and NSC Interest Rates Unchanged for Eighth Consecutive Quarter

PPF and NSC Interest Rates Unchanged for Eighth Consecutive Quarter

Rediff.com30 Mar 2026

The Indian government has maintained the interest rates on small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026.

Retail Inflation Inches Up to 3.4% in March, Driven by Food and Fuel

Retail Inflation Inches Up to 3.4% in March, Driven by Food and Fuel

Rediff.com13 Apr 2026

India's retail inflation marginally increased to 3.4 per cent in March, up from 3.21 per cent in February, primarily due to an uptick in certain food items and the initial impact of the West Asia crisis on fuel prices, according to government data.

When The Builder Does Not Deliver Your Flat...

When The Builder Does Not Deliver Your Flat...

Rediff.com30 Apr 2026

The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

Rediff.com15 Apr 2026

Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.

Gunmen Target Social Media Star's Home in Thane, India

Gunmen Target Social Media Star's Home in Thane, India

Rediff.com7 Mar 2026

Unidentified individuals opened fire at the residence of a social media influencer in Thane, Maharashtra, prompting a police investigation. No injuries were reported, but a vehicle was damaged in the incident.

Telangana: Bank Managers Arrested For Siphoning Off Crores

Telangana: Bank Managers Arrested For Siphoning Off Crores

Rediff.com21 Apr 2026

Four individuals, including two bank managers, have been arrested in Telangana for allegedly siphoning off Rs 2.65 crore from a state-owned bank branch in Nalgonda district.

Three held in Arunachal Pradesh over child sexual assault allegations

Three held in Arunachal Pradesh over child sexual assault allegations

Rediff.com26 Mar 2026

Police in Arunachal Pradesh have arrested three individuals in connection with two separate cases of sexual assault against minors in Tawang and East Kameng districts.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com11 May 2026

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Haryana Irrigation Officials Sentenced in Corruption Case

Haryana Irrigation Officials Sentenced in Corruption Case

Rediff.com5 Mar 2026

A Gurugram court has sentenced an irrigation department executive engineer and a computer operator to four years' imprisonment each in a corruption case registered by the Anti-Corruption Bureau in December 2022.

Demat a/c growth at 11-month low in March

Demat a/c growth at 11-month low in March

Rediff.com10 Apr 2026

New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

'Bank borrowings to dominate NBFC funding mix in FY27'

'Bank borrowings to dominate NBFC funding mix in FY27'

Rediff.com16 Apr 2026

CRISIL Ratings predicts that the share of bank loans in NBFCs' overall borrowings will increase to 44-45 per cent by FY27, driven by elevated bond yields and softening bank lending rates.

Gunman Apprehended After Shooting at Influencer's Home in Thane

Gunman Apprehended After Shooting at Influencer's Home in Thane

Rediff.com7 Mar 2026

A social media influencer's home in Thane, Maharashtra, was attacked in a shooting. Police apprehended one suspect after a chase, during which two bystanders were injured.

Social Media Influencer's Remarks Spark Outrage and Arrest in Pilibhit

Social Media Influencer's Remarks Spark Outrage and Arrest in Pilibhit

Rediff.com23 Mar 2026

A social media influencer in Pilibhit, Uttar Pradesh, was arrested after allegedly making derogatory remarks against the Valmiki community in a video posted online, leading to protests and road blockades.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

How Hyderabad Police Is Tackling Cyber Fraud

How Hyderabad Police Is Tackling Cyber Fraud

Rediff.com23 Apr 2026

Hyderabad Police Commissioner V C Sajjanar convened a meeting with bankers to address the misuse of bank accounts in cyber frauds and implement preventative measures, following 'Operation Octopus' which dismantled cyber fraud networks and led to arrests of complicit bank officials.

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

Rediff.com20 Mar 2026

The Enforcement Directorate (ED) has attached fresh properties worth over Rs 5,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore ponzi scheme.

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Rediff.com17 Apr 2026

The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.

US raises concerns over India's data protection, internet shutdown policies

US raises concerns over India's data protection, internet shutdown policies

Rediff.com10 Apr 2026

The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.

Key Suspect in Kanchan Kumari Murder Case Arrested After Deportation

Key Suspect in Kanchan Kumari Murder Case Arrested After Deportation

Rediff.com10 Apr 2026

Amritpal Singh Mehron, the main suspect in the murder of social media influencer Kanchan Kumari, has been arrested after being deported to India from the Middle East.

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.