News for 'assets'

Rajasthan Police Freeze Property Bought With Drug Money

Rajasthan Police Freeze Property Bought With Drug Money

Rediff.com18 Apr 2026

Rajasthan Police have frozen a house in Nagaur district worth over Rs 1 crore, allegedly built using proceeds from drug trafficking, officials said.

Ready for 'negotiations with dignity': Iranian Prez

Ready for 'negotiations with dignity': Iranian Prez

Rediff.com11 May 2026

Iranian President Masoud Pezeshkian stated that Iran is considering various paths to address regional tensions, including negotiations conducted with dignity and authority, while emphasising that military gains should be reinforced through diplomacy.

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rediff.com21 May 2026

The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.

UCC Bill tabled in Assam; polygamy ban, live-in registration proposed

UCC Bill tabled in Assam; polygamy ban, live-in registration proposed

Rediff.com25 May 2026

The opposition parties, including Congress, Raijor Dal and Trinamool Congress, opposed the move and demanded wider consultation with all the stakeholders before its introduction.

ED Unearths Crores In Chhattisgarh Liquor Scam Probe

ED Unearths Crores In Chhattisgarh Liquor Scam Probe

Rediff.com3 May 2026

The Enforcement Directorate (ED) seized cash and gold worth crores during searches related to the alleged Rs 2,800-crore Chhattisgarh liquor scam. The raids targeted liquor traders, chartered accountants, and corporate entities suspected of handling proceeds from the scam.

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Rediff.com15 May 2026

Hindustan Zinc Ltd (HZL) plans to generate 2,000 crore in value by implementing artificial intelligence-driven solutions across its mining and manufacturing operations. This initiative is part of a broader industry trend to adopt digital technologies for cost reduction, margin improvement, and enhanced environmental and social governance.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

IPL 2026: All-Rounder Archer Delivers Royal Masterclass!

IPL 2026: All-Rounder Archer Delivers Royal Masterclass!

Rediff.com25 May 2026

Much of the credit for Rajasthan Royals' qualification to the IPL 2026 playoffs goes to Jofra Archer.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Why Modi Empowered ED To Tackle Financial Crimes

Why Modi Empowered ED To Tackle Financial Crimes

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com5 May 2026

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Rediff.com20 May 2026

The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

No terror sanctuary is safe: India warns Pak on Op Sindoor anniv

No terror sanctuary is safe: India warns Pak on Op Sindoor anniv

Rediff.com7 May 2026

On the first anniversary of Operation Sindoor, the Indian military issued a stern warning to Pakistan, stating that no terror sanctuary across the border is safe and that India will continue to dismantle terrorist infrastructure.

Patidar, Bowlers shine as RCB Crush GT By 92 Runs To Storm Into IPL 2026 Final

Patidar, Bowlers shine as RCB Crush GT By 92 Runs To Storm Into IPL 2026 Final

Rediff.com27 May 2026

Rajat Patidar blasted an unbeaten 93 off 33 balls, before the bowlers ripped through Gujarat Titans' batting as Royal Challengers Bengaluru won Qualifier 1 to reach their second consecutive IPL final.

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

Adesh Gupta Cleared As Lokayukta Dismisses Corruption Complaint

Adesh Gupta Cleared As Lokayukta Dismisses Corruption Complaint

Rediff.com8 May 2026

Former Delhi BJP president Adesh Gupta has announced that the Lokayukta has dismissed a corruption complaint filed against him. The complaint, which accused Gupta of availing luxury vehicles and encroaching public land, was rejected by the Lokayukta court.

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

Cong leader Pawan Khera moves Gauhati HC for bail in defamation case

Cong leader Pawan Khera moves Gauhati HC for bail in defamation case

Rediff.com21 Apr 2026

Congress spokesperson Pawan Khera has moved the Gauhati High Court seeking anticipatory bail in connection with a criminal case filed by Assam Chief Minister Himanta Biswa Sarma's wife, Riniki Bhuyan Sharma, over allegations related to multiple passports and undisclosed overseas assets.

NPS Investors: Pick Fund Managers Wisely

NPS Investors: Pick Fund Managers Wisely

Rediff.com28 Apr 2026

Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.

'A little bit of movement' seen in Iran peace talks: Marco Rubio

'A little bit of movement' seen in Iran peace talks: Marco Rubio

Rediff.com22 May 2026

US Secretary of State Marco Rubio said that discussions aimed at halting the conflict with Iran have shown "some slight progress," while simultaneously echoing Washington's dissatisfaction with its NATO allies.

Drug Trafficker Dola's Chemist Links Under Investigation

Drug Trafficker Dola's Chemist Links Under Investigation

Rediff.com3 May 2026

Investigators are probing the network of Mohammad Salim Dola, an alleged international drug trafficker, and have uncovered links with chemists and pharma dealers who allegedly aided his illicit trans-national racket.

International Crypto Network With Terror Links Busted In Gujarat

International Crypto Network With Terror Links Busted In Gujarat

Rediff.com19 May 2026

The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

Himachal Pradesh Government To Take Strong Action Against Drug Smugglers

Himachal Pradesh Government To Take Strong Action Against Drug Smugglers

Rediff.com11 May 2026

The Himachal Pradesh government is set to implement stringent measures, including mandatory drug testing for government jobs and 'bulldozer action' against drug smugglers, to combat the growing menace of 'chitta' (adulterated heroin) in the state.

Equity Mutual Fund Inflows See 5% Drop in April, SIP Contributions Also Decline

Equity Mutual Fund Inflows See 5% Drop in April, SIP Contributions Also Decline

Rediff.com11 May 2026

Equity-oriented mutual fund schemes in India experienced a 5 per cent decline in net inflows in April, reaching Rs 38,440 crore, while monthly Systematic Investment Plan (SIP) contributions also saw a decrease.

Why Bishnoi Gang Claimed Attack On Dosanjh's Manager

Why Bishnoi Gang Claimed Attack On Dosanjh's Manager

Rediff.com13 May 2026

A social media post allegedly linked to the Lawrence Bishnoi gang has claimed responsibility for a firing incident outside the residence of Punjabi actor-singer Diljit Dosanjh's manager in Haryana's Karnal.

'INDIA Alliance Is Dead'

'INDIA Alliance Is Dead'

Rediff.com28 May 2026

'Congress needs a positive agenda rather than primarily picking up on two business houses.'

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

Equity MF inflows cool as investors shift to safer bets in FY26

Equity MF inflows cool as investors shift to safer bets in FY26

Rediff.com9 Apr 2026

Net inflows into equity mutual fund schemes moderated in FY26, falling by 27 per cent to about 3 trillion till February, as choppy markets and global uncertainties prompted investors to shift towards safer options like hybrid funds and gold ETFs.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

Odisha Police Bust IPL Betting Racket, Five Apprehended

Odisha Police Bust IPL Betting Racket, Five Apprehended

Rediff.com3 May 2026

Odisha Police busted an IPL betting racket in Rajgangpur, Sundargarh district, arresting five individuals and seizing cash and frozen funds.

Andhra's population push: CM announces Rs 30,000 for 3rd child, Rs 40,000 for 4th

Andhra's population push: CM announces Rs 30,000 for 3rd child, Rs 40,000 for 4th

Rediff.com17 May 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu has announced incentives for families to encourage larger families and reverse the state's declining population trend.

Five Arrested In Uttarakhand Chit Fund Scam: Details

Five Arrested In Uttarakhand Chit Fund Scam: Details

Rediff.com13 May 2026

The CBI has arrested five individuals, including a key figure, in connection with the LUCC chit fund scam in Uttarakhand, which involves over Rs 400 crore. The case concerns alleged irregularities by the Loni Urban Multi-State Credit and Thrift Co-operative Society (LUCC), accused of enticing investors into unregulated schemes.

Mission Sudarshan Chakra Action Plan Ready

Mission Sudarshan Chakra Action Plan Ready

Rediff.com19 May 2026

Under Mission Sudarshan Chakra, the country's national security shield is to be expanded by 2035 to ensure comprehensive protection of both strategic and civilian critical infrastructure.

IIT Dhanbad Joins Forces With South African University

IIT Dhanbad Joins Forces With South African University

Rediff.com15 May 2026

TEXMiN Foundation, IIT (ISM) Dhanbad has signed an agreement with the University of Pretoria, South Africa, for research collaboration in critical minerals, rare earth element processing, recycling, extraction technologies and advanced mining innovation.

RBI poised for record dividend payout, boosting government's fiscal strength

RBI poised for record dividend payout, boosting government's fiscal strength

Rediff.com13 May 2026

The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.