News for 'assets'

Delhi Police Recover Assets In 2025 Daylight Robbery Case

Delhi Police Recover Assets In 2025 Daylight Robbery Case

Rediff.com27 May 2026

Delhi Police have attached assets worth approximately Rs 40 lakh, believed to have been acquired from the proceeds of a daylight robbery. Two men have been arrested and four juveniles apprehended in connection with the case.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

Why Pakistan's Hangors Submarines Face India's ASW Shield

Why Pakistan's Hangors Submarines Face India's ASW Shield

Rediff.com20 hours ago

Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.

Mithun Chakraborty Recovers Well After Surgery

Mithun Chakraborty Recovers Well After Surgery

Rediff.com3 days ago

Mithunda is expected to be discharged from hospital soon.

Forex Reserves Climb to $676.24 Billion Amidst Global Volatility

Forex Reserves Climb to $676.24 Billion Amidst Global Volatility

Rediff.com24 Jul 2026

India's foreign exchange reserves increased by USD 1.08 billion to USD 676.237 billion for the week ended July 17, primarily due to a significant rise in foreign currency assets, despite a drop in gold reserves.

Biggest Mistake MF Investors Make; Are You One Of Them?

Biggest Mistake MF Investors Make; Are You One Of Them?

Rediff.com27 Jul 2026

'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Rediff.com30 Jul 2026

Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.

Enforcement Directorate Freezes Gameskraft Assets In Money Laundering Probe

Enforcement Directorate Freezes Gameskraft Assets In Money Laundering Probe

Rediff.com14 May 2026

The Enforcement Directorate has frozen Rs 526 crore in bank deposits and seized gold jewellery worth Rs 3.5 crore along with Rs 11 lakh in cash after concluding searches in a money laundering case against online gaming platform Gameskraft.

How Haryana Is Using Drones For Smart Governance

How Haryana Is Using Drones For Smart Governance

Rediff.com7 days ago

Haryana is institutionalising drone technology as a key governance tool, deploying AI-powered surveillance and high-resolution geospatial mapping. This initiative aims to detect illegal constructions, monitor mining activities, map civic infrastructure, and track pollution across the state. The Chief Secretary reviewed progress on various projects, including an AI-powered Change Detection Application and digital mapping of municipal assets, highlighting the state's commitment to evidence-based governance and improved public service delivery.

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Rediff.com3 days ago

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.

Indian drugmakers in no rush to shift to US despite tariff threat

Indian drugmakers in no rush to shift to US despite tariff threat

Rediff.com12 hours ago

Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.

Wish there were more daughters among medallists: Modi at IIT Delhi convocation

Wish there were more daughters among medallists: Modi at IIT Delhi convocation

Rediff.com2 days ago

Prime Minister Narendra Modi addressed the 57th Convocation Ceremony of IIT Delhi, advocating for increased female participation among medallists and awardees. He also advised graduates against social media distractions, encouraged self-improvement, and inaugurated the Param Pragya AI supercomputing facility.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com7 days ago

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

Rediff.com6 days ago

As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.

Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case

Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case

Rediff.com1 Aug 2026

The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year, imposing a total penalty of Rs 1.48 crore, for the unauthorised pledge of ZEEL's Hyderabad land to secure loans for promoter-linked Essel Group entities.

Why ED Arrests Dropped Despite Record Asset Seizures

Why ED Arrests Dropped Despite Record Asset Seizures

Rediff.com2 May 2026

The Enforcement Directorate (ED) in India reported a decrease in arrests related to money laundering cases during the last financial year, but the value of assets attached reached a record high. The agency attributed the changes to more targeted investigations and increased efficiency in asset recovery.

RBI allows banks to link bulk deposit rates to liquidity profile

RBI allows banks to link bulk deposit rates to liquidity profile

Rediff.com31 Jul 2026

The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.

Rohit, Kohli will add value to India's 2027 World Cup squad: Dhawan

Rohit, Kohli will add value to India's 2027 World Cup squad: Dhawan

Rediff.com3 days ago

Former India opener Shikhar Dhawan has expressed strong confidence in Rohit Sharma and Virat Kohli's ability to contribute significantly to India's 2027 ODI World Cup campaign, stating they will 'add great value to the team and help India win the World Cup'.

NEET paper leak row: NTA floats Rs 7.5cr tender for security

NEET paper leak row: NTA floats Rs 7.5cr tender for security

Rediff.com7 days ago

In response to the NEET-UG 2026 paper leak controversy, the NTA has initiated a significant security upgrade, floating a Rs 7.5 crore tender for comprehensive, round-the-clock security services to protect its critical infrastructure and confidential examination materials.

Warm up, Day 2: Padikkal hits unbeaten 142 as India fight back in Colombo

Warm up, Day 2: Padikkal hits unbeaten 142 as India fight back in Colombo

Rediff.com2 days ago

Devdutt Padikkal hit an unbeaten 142 as India recovered from an early setback to reach 357/6 against Sri Lanka XI in Colombo.

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com31 Jul 2026

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

From 'Generation Gutter' to 'India's Strength': Kangana's U-turn on Gen Z

From 'Generation Gutter' to 'India's Strength': Kangana's U-turn on Gen Z

Rediff.com3 days ago

Actor-politician Kangana Ranaut has made a significant U-turn, praising Gen Z as India's biggest strength and ambassadors of culture, days after controversially labelling them 'generation gutter.' Her new stance aligns with RSS chief Mohan Bhagwat's recent comments advocating for hearing out young protesters.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

Real Madrid end Vinicius exit rumours with new deal

Real Madrid end Vinicius exit rumours with new deal

Rediff.com4 days ago

Real Madrid has announced a contract extension for Brazilian winger Vinicius Jr until June 2032, ending speculation about his future. The 26-year-old, a key player for the club, had been linked with Arsenal. This long-term deal secures one of Real's most valuable assets and follows a summer of significant squad strengthening.

Sarfaraz Khan's Test recall: 17kg weight loss, Kashmir grind and a second chance

Sarfaraz Khan's Test recall: 17kg weight loss, Kashmir grind and a second chance

Rediff.com17 hours ago

Sarfaraz Khan has been recalled to India's Test squad for the two-match away series against Sri Lanka, starting August 15, following an injury to Sai Sudharsan. This recall comes after two years of consistent performance and a significant physical transformation, including shedding 17kg.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Vinicius Jr Happy Under Mourinho as Arsenal Transfer Rumours Grow

Vinicius Jr Happy Under Mourinho as Arsenal Transfer Rumours Grow

Rediff.com6 days ago

Real Madrid forward Vinicius Jr is reportedly 'happy, cheerful and playing his football' under new manager Jose Mourinho, despite being in the final year of his contract and facing speculation about a potential move to Arsenal.

Dawood Ibrahim Associate's Assets Frozen In Drug Probe

Dawood Ibrahim Associate's Assets Frozen In Drug Probe

Rediff.com30 Apr 2026

Assets worth Rs 3.78 crore belonging to drug kingpin Danish Merchant, a key associate of fugitive gangster Dawood Ibrahim, and his key aide were frozen under the SAFEMA and NDPS Act, an official said on Thursday.

India's Forex Kitty Jumps $964 Million to $675.15 Billion

India's Forex Kitty Jumps $964 Million to $675.15 Billion

Rediff.com17 Jul 2026

India's foreign exchange reserves increased by USD 964 million to USD 675.157 billion in the week ending July 10, according to the Reserve Bank of India.

RBI extends loan recovery norms implementation to 2027, eases some rules

RBI extends loan recovery norms implementation to 2027, eases some rules

Rediff.com3 days ago

The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.

VIDA Becomes Title Partner For Kovai Kings In 2026 TNPL Season

VIDA Becomes Title Partner For Kovai Kings In 2026 TNPL Season

Rediff.com30 Jul 2026

Kovai Kings, a Tamil Nadu Premier League team, has secured VIDA as its title partner for the 2026 season. The team, now rebranded as VIDA Kovai Kings, also unveiled its new official jersey and will be led by M Shahrukh Khan and B Sai Sudharsan. This partnership aims to combine high performance with innovation and sustainability.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com5 days ago

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

FIFA labels report of Infantino seeking Trump's help 'pure fiction'

FIFA labels report of Infantino seeking Trump's help 'pure fiction'

Rediff.com6 days ago

FIFA has vehemently denied a report claiming President Gianni Infantino sought assistance from the U.S. President Donald Trump's administration following the collapse of a multi-billion dollar plan to sell a stake in World Cup commercial rights, calling the allegations 'pure fiction'.

Pak cleric declares cryptocurrency 'haram', issues fatwa

Pak cleric declares cryptocurrency 'haram', issues fatwa

Rediff.com11 Jul 2026

A prominent Pakistani Islamic scholar, Mufti Muhammad Taqi Usmani, has issued a fatwa declaring cryptocurrency trading "haram" under Islamic law. This ruling, which covers various digital assets including Bitcoin and stablecoins, states that they do not meet the Islamic definition of wealth, potentially impacting crypto adoption despite the government's efforts to regulate and promote the sector.

FIFA President Infantino Tried to Reach Trump After Rights Plan Collapse: Report

FIFA President Infantino Tried to Reach Trump After Rights Plan Collapse: Report

Rediff.com7 days ago

FIFA President Gianni Infantino reportedly sought support from the Trump administration following the collapse of his plan to sell a stake in World Cup commercial rights, facing mounting criticism and feeling 'isolated' by negative media coverage.

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

Rediff.com28 Jul 2026

Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.

ITR Filed? Here's When You Can Expect Your Income Tax Refund

ITR Filed? Here's When You Can Expect Your Income Tax Refund

Rediff.com5 days ago

The income tax department has significantly reduced refund processing times over the past few years. But while some taxpayers receive refunds within days, others may wait several weeks or even longer. Here's why.

Institutional Investment in India's Housing Market Plunges 85% to $154 Mn

Institutional Investment in India's Housing Market Plunges 85% to $154 Mn

Rediff.com21 Jul 2026

Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Rediff.com1 Jun 2026

The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.