News for 'assets'

Shashank Jain to Take Over as Brookfield India REIT CEO

Shashank Jain to Take Over as Brookfield India REIT CEO

Rediff.com31 Mar 2026

Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.

Lottery King Santiago Martin's kin in poll fray from 3 different parties

Lottery King Santiago Martin's kin in poll fray from 3 different parties

Rediff.com6 days ago

Members of lottery 'king' Santiago Martin's family are contesting in the Tamil Nadu and Puducherry Assembly elections through three different political parties.

Insolvency Law Key to Improving Banking Sector Health, Says FM

Insolvency Law Key to Improving Banking Sector Health, Says FM

Rediff.com30 Mar 2026

Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).

Small taxpayers get relief window for foreign asset disclosure

Small taxpayers get relief window for foreign asset disclosure

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs as she presented the Union Budget 2026-27.

Geopolitical Tensions, Rising Crude Drive FPIs to Exit Indian Equities

Geopolitical Tensions, Rising Crude Drive FPIs to Exit Indian Equities

Rediff.com4 days ago

Foreign Portfolio Investors (FPIs) have withdrawn Rs 19,837 crore from Indian equities in the first two trading sessions of April, extending a significant selling trend from March, driven by geopolitical uncertainty, rising crude oil prices, and a depreciating rupee.

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com30 Mar 2026

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

'Iran begged for this ceasefire, and we all know it...,' claims US

'Iran begged for this ceasefire, and we all know it...,' claims US

Rediff.com23 hours ago

US Secretary of War Pete Hegseth on Wednesday claimed that Tehran "begged" for a truce, maintaining that Washington achieved a "decisive military victory" during 'Operation Epic Fury.'

India's forex reserves drop $11.41 billion to $698.346 billion

India's forex reserves drop $11.41 billion to $698.346 billion

Rediff.com28 Mar 2026

India's foreign exchange reserves decreased by USD 11.413 billion to USD 698.346 billion during the week ending March 20, primarily due to a significant reduction in gold reserves, according to the Reserve Bank of India (RBI).

TVK chief Vijay updates poll affidavit, declares pending FIRs

TVK chief Vijay updates poll affidavit, declares pending FIRs

Rediff.com4 days ago

TVK chief Vijay, a candidate in the Tamil Nadu Assembly elections, has filed a revised election affidavit disclosing two pending FIRs, addressing discrepancies in his initial filing.

Pawan Khera missing as Assam police search his Delhi house; seize devices

Pawan Khera missing as Assam police search his Delhi house; seize devices

Rediff.com2 days ago

An Assam Police team is questioning Congress leader Pawan Khera in Delhi regarding allegations against Assam Chief Minister Himanta Biswa Sarma and his family.

Experion Developers' Plea Rejected in Delhi High Court Amid Fraud Investigation

Experion Developers' Plea Rejected in Delhi High Court Amid Fraud Investigation

Rediff.com28 Mar 2026

The Delhi High Court has declined to grant interim relief to Gurugram-based Experion Developers Private Limited, who sought to quash an FIR registered against them by the Economic Offences Wing of Delhi Police on charges of fraud.

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Rediff.com1 Apr 2026

The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.

IPL 2026: MI reveal why Ghazanfar is their secret weapon

IPL 2026: MI reveal why Ghazanfar is their secret weapon

Rediff.com6 days ago

Mumbai Indians coach Mahela Jayawardene expresses confidence in young Afghan spinner Allah Ghazanfar, highlighting his potential and the added advantage he brings to the team.

Reality check gets India on investors' realty list

Reality check gets India on investors' realty list

Rediff.com23 Mar 2026

Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com22 hours ago

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com7 days ago

'Portfolios built in these phases often deliver the strongest outcomes over time.'

Investment Advisors Heavily Concentrated in Five Metros, Hindering Financial Inclusion

Investment Advisors Heavily Concentrated in Five Metros, Hindering Financial Inclusion

Rediff.com1 Apr 2026

A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

US Eyes Iran Assault: High Risks Ahead

US Eyes Iran Assault: High Risks Ahead

Rediff.com3 days ago

Although extensive air attacks have been carried out to destroy most of Iran's defence capabilities, the latter's resilience and sustenance during the war clearly indicate that the US landing force would encounter severe resistance in the operation, explains Commodore Venugopal Vengalil (retd).

Uttar Pradesh STF Exposes Multi-Crore Investment Scams

Uttar Pradesh STF Exposes Multi-Crore Investment Scams

Rediff.com49 minutes ago

The Uttar Pradesh Special Task Force (STF) has dismantled two significant fraud operations involving crores of rupees in fraudulent share market, cryptocurrency, and forex schemes, leading to multiple arrests and uncovering a vast network of deceit.

Over 100 MPs' assets grew by 110% between 2014-2024: ADR

Over 100 MPs' assets grew by 110% between 2014-2024: ADR

Rediff.com8 Jan 2026

A report by the Association for Democratic Reforms (ADR) reveals that 102 re-elected Members of Parliament experienced an average asset growth of over 100% between 2014 and 2024. The report highlights the MPs with the highest asset increases.

India's forex reserves drop $7 bn to $709.76 bn

India's forex reserves drop $7 bn to $709.76 bn

Rediff.com20 Mar 2026

India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com1 Apr 2026

'Portfolios built in these phases often deliver the strongest outcomes over time.'

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com2 days ago

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Rediff.com1 Apr 2026

Wipro has announced the launch of a dedicated AI-Native Business and Platforms unit, leading to a leadership shuffle with Nagendra Bandaru appointed as CEO and Kanwar Singh joining as President and Managing Partner of Technology Services GBL.

Crude Oil Hits Record High as US-Iran Tensions Escalate

Crude Oil Hits Record High as US-Iran Tensions Escalate

Rediff.com2 days ago

Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.

Rural India's Land Inequality: Top 10% Own 44% of Land

Rural India's Land Inequality: Top 10% Own 44% of Land

Rediff.com2 days ago

A World Inequality Lab paper reveals significant land inequality in rural India, with the top 10% of households owning 44% of the land, while 46% are landless. The study highlights the impact of historical institutions, social stratification, and agro-ecological conditions on land distribution.

Court Orders Fresh Review of Husband's Income Details in Domestic Violence Case

Court Orders Fresh Review of Husband's Income Details in Domestic Violence Case

Rediff.com30 Mar 2026

The Allahabad High Court has quashed a magistrate court's order rejecting a woman's plea for her husband's income and property details in a domestic violence case, ordering a fresh review and emphasising the importance of income disclosure in such cases.

Navy chief confers Yudh Seva Medals on two Vice Admirals for Op Sindoor

Navy chief confers Yudh Seva Medals on two Vice Admirals for Op Sindoor

Rediff.com1 Apr 2026

Admiral Dinesh K Tripathi awarded Yudh Seva Medals to Vice Admiral A N Pramod and Vice Admiral Rahul Gokhale for their distinguished service during Operation Sindoor. The operation involved a strong naval response to security concerns, showcasing strategic planning and effective deployment of naval assets.

Delhi Capitals Await Mitchell Starc's Return In IPL 2026

Delhi Capitals Await Mitchell Starc's Return In IPL 2026

Rediff.com1 days ago

Delhi Capitals' bowling coach Munaf Patel emphasises the importance of Mitchell Starc joining the squad, highlighting his experience and skill as crucial for their IPL 2026 campaign.

Maha godman case: SIT unearths asserts worth Rs 1,500 cr, 100 videos

Maha godman case: SIT unearths asserts worth Rs 1,500 cr, 100 videos

Rediff.com24 Mar 2026

The SIT investigating self-styled godman Ashok Kharat, who faces multiple rape accusations, has made significant breakthroughs.

Himanta, wife's income doubles to Rs 35 cr in 5 years

Himanta, wife's income doubles to Rs 35 cr in 5 years

Rediff.com21 Mar 2026

The combined income of Assam Chief Minister Himanta Biswa Sarma and his wife has doubled to Rs 35.16 crore in 2026, according to his election affidavit. The affidavit details the increase in movable and immovable assets of both Sarma and his wife, Riniki Bhuyan Sarma.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com6 days ago

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

USS Tripoli enters West Asia combat zone with 3,500 marines

USS Tripoli enters West Asia combat zone with 3,500 marines

Rediff.com29 Mar 2026

The USS Tripoli, carrying around 3,500 US Marines, has entered the United States Central Command (CENTCOM) area of responsibility, marking the deployment of one of America's largest amphibious assault ships into an active combat theatre in West Asia amid the ongoing conflict.

Why Was Stage Artist Sobi George Arrested?

Why Was Stage Artist Sobi George Arrested?

Rediff.com24 Mar 2026

Stage artist, actor, and director Sobi George was arrested in Kochi on Tuesday in connection with a cheque bounce case and faces additional allegations of fraud and cheating.

Gold ETF Investors Face Sharp Losses

Gold ETF Investors Face Sharp Losses

Rediff.com25 Mar 2026

Analysts say long-term investors may still benefit, but recommend limiting bullion exposure to around 10 per cent.

Report Reveals High Number of West Bengal MLAs with Criminal Cases

Report Reveals High Number of West Bengal MLAs with Criminal Cases

Rediff.com16 Mar 2026

A new report reveals that nearly half of West Bengal's MLAs have declared criminal cases against themselves, and over half are crorepatis. The report analyses the criminal, financial, and educational backgrounds of the state's legislators based on affidavits submitted during the 2021 elections.

With a little more time, we can open Hormuz: Trump

With a little more time, we can open Hormuz: Trump

Rediff.com5 days ago

US President Donald Trump on Friday referred to the Strait of Hormuz as a potential "gusher" for the world and spoken about "opening it for the world."

Athletes, students, artists asked to shield Iran's power plants

Athletes, students, artists asked to shield Iran's power plants

Rediff.com1 days ago

Citizens in the city of Ilam formed a human chain on Tuesday to demonstrate their defiance against recent threats from US President Donald Trump.

HDFC Bank Q4 deposits grow 15% YoY, advances jump 12%

HDFC Bank Q4 deposits grow 15% YoY, advances jump 12%

Rediff.com4 days ago

HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.