News for 'assets'

Eight Arrested In Akasa Air Gold Theft Case

Eight Arrested In Akasa Air Gold Theft Case

Rediff.com22 May 2026

Ahmedabad police have arrested eight individuals involved in a pre-planned scheme to steal 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment at Ahmedabad airport.

Bumrah, Hardik rested as India focus on WTC, ODI WC

Bumrah, Hardik rested as India focus on WTC, ODI WC

Rediff.com6 Jun 2026

India have rested Jasprit Bumrah and Hardik Pandya from the Ireland and England tours as selectors prioritise the pacer's role in the World Test Championship and Pandya's importance to India's ODI World Cup plans.

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Rediff.com7 Jun 2026

The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the US Central Command late Saturday.

IPL Betting Racket Busted In Indore; Eight Arrested

IPL Betting Racket Busted In Indore; Eight Arrested

Rediff.com27 May 2026

Indore police busted a gang allegedly involved in online betting on Indian Premier League (IPL) matches, arresting eight individuals, including an IT professional and a bank official.

Tripura Chit Fund Executives Sentenced In Swindling Case

Tripura Chit Fund Executives Sentenced In Swindling Case

Rediff.com30 May 2026

A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.

FIFA World Cup: Can 'liberated' Messi lead Argentina to an encore?

FIFA World Cup: Can 'liberated' Messi lead Argentina to an encore?

Rediff.com2 Jun 2026

Inspirational Lionel Messi would like to end his glittering career on a high as Argentina begin their World Cup defence on June 17 against Algeria in their Group J encounter.

Cash In Circulation Hits Record Rs 42.86 Trillion

Cash In Circulation Hits Record Rs 42.86 Trillion

Rediff.com22 May 2026

Cash remains dominant for many transactions despite continued expansion in digital payments across the country.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com19 May 2026

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Rediff.com25 May 2026

The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

How Bengaluru Will Use AI To Manage Water Better

How Bengaluru Will Use AI To Manage Water Better

Rediff.com1 Jun 2026

The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Relief for Karisma's children in Sunjay Kapur Rs 30,000 cr property row

Relief for Karisma's children in Sunjay Kapur Rs 30,000 cr property row

Rediff.com1 May 2026

The Delhi High Court has directed the preservation of the assets of the late Sunjay Kapur, following concerns raised by his children regarding his purported last will.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Jammu Authorities Demolish Drug Peddler's Properties

Jammu Authorities Demolish Drug Peddler's Properties

Rediff.com23 May 2026

Authorities in Jammu demolished properties worth approximately Rs 4 crore belonging to an alleged drug peddler as part of an intensified crackdown on narcotics.

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Rediff.com23 May 2026

Police in Srinagar have seized multiple properties worth approximately Rs 5 crore belonging to individuals allegedly involved in drug trafficking and related unlawful activities as part of the 'Nasha Mukt J-K Abhiyan'.

Captain Shahidi Shoulders Afghanistan's Test Hopes Against India

Captain Shahidi Shoulders Afghanistan's Test Hopes Against India

Rediff.com3 Jun 2026

Captain Hashmatullah Shahidi is the batting fulcrum around whom Afghanistan's Test ambitions revolve.

ED Intensifies Probe, Attaches 3,034 Crore In Reliance Group Case

ED Intensifies Probe, Attaches 3,034 Crore In Reliance Group Case

Rediff.com28 Apr 2026

The Enforcement Directorate has attached fresh assets worth Rs 3,034 crore as part of its ongoing money laundering probe against the Reliance Anil Ambani Group (RAAG) companies.

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

Rediff.com27 May 2026

Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

Rediff.com25 May 2026

India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.

How Delhi Police Busted Illegal Forex Trading Call Centre

How Delhi Police Busted Illegal Forex Trading Call Centre

Rediff.com22 May 2026

Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

Rediff.com8 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

Great Nicobar project is not about defence but real estate: Rahul

Great Nicobar project is not about defence but real estate: Rahul

Rediff.com5 Jun 2026

Congress leader Rahul Gandhi on Friday said the government's argument that the Great Nicobar Island Project is about defence and a trans-shipment port is a "lie", and alleged that it is actually about benefiting one businessman so that he can build hotels and casinos on India's most irreplaceable ecological land.

French Open favours Sinner: Is the Italian set for history?

French Open favours Sinner: Is the Italian set for history?

Rediff.com20 May 2026

World number one Jannik Sinner has the opportunity to complete his Grand Slam collection at the French Open, especially with Carlos Alcaraz's withdrawal altering the tournament dynamics. Sinner's improved clay court game and consistent performance make him a strong contender for the title.

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

Rediff.com3 Jun 2026

Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.

How Kulgam Police Busted Interstate Narcotics Network

How Kulgam Police Busted Interstate Narcotics Network

Rediff.com2 May 2026

Kulgam Police dismantled an interstate narcotics network, seizing illegally obtained assets worth Rs 92.73 lakhs linked to the accused in Jammu.

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

Rediff.com31 May 2026

Pakistan's ISI is reportedly pushing its network of Over Ground Workers (OGWs) in Jammu and Kashmir to infiltrate mainstream national political parties to evade security crackdowns and investigations. The ISI is also attempting to revive dormant, locally-founded terror outfits to give an 'indigenous colour' to terrorist violence and mask Pakistan's direct involvement.

Crypto Hacker Arrested By ED In Money Laundering Probe

Crypto Hacker Arrested By ED In Money Laundering Probe

Rediff.com9 May 2026

The Enforcement Directorate has arrested three individuals, including an alleged crypto hacker named Srikrishna Ramesh, in connection with a cryptocurrency-linked money laundering case. The arrests follow raids conducted in April, targeting individuals linked to the hacker and sons of a Karnataka Congress MLA.

ED Raids Punjab Police DIG, Seizes Crores In Money Laundering Probe

ED Raids Punjab Police DIG, Seizes Crores In Money Laundering Probe

Rediff.com29 Apr 2026

The Enforcement Directorate (ED) has seized Rs 1.4 crore and incriminating documents during raids related to money laundering against suspended Punjab Police DIG H S Bhullar and his associates.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

Rediff.com10 Jun 2026

'Now if you break the party under the 10th Schedule you have to join another party.' 'You cannot join the NDA as it is not a party. You can only join another party, and that is the BJP.' 'So the question to ask is that these so-called 20 TMC Lok Sabha MPs who are parting ways with the TMC, are they ready to join the BJP and accept Narendra Modi as their leader?'

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Rediff.com17 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.

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.

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.

'We Are Buying Russian Oil Even Now'

'We Are Buying Russian Oil Even Now'

Rediff.com27 May 2026

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.

US extends waiver on Russian oil amid global crisis

US extends waiver on Russian oil amid global crisis

Rediff.com19 May 2026

The United States has extended a waiver from sanctions on Russian oil already at sea by one month, according to an official statement from the US Department of the Treasury.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.