News for 'assets'

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Iran vows to 'correct' Trump's Hormuz 'delusions'

Iran vows to 'correct' Trump's Hormuz 'delusions'

Rediff.com19 Aug 2026

Iran has strongly rejected former US President Donald Trump's assertion that the Strait of Hormuz is 'NEW U.S. TERRITORY', with top officials warning that his 'delusions' would be 'corrected' and highlighting the gap between Washington's claims and its actual influence over the strategic waterway.

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com14 Aug 2026

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

SC tells EC, states to expedite probes into poll black money

SC tells EC, states to expedite probes into poll black money

Rediff.com18 Aug 2026

The Supreme Court has emphasised the need for timely investigations and conclusions of criminal cases involving illicit money in elections. Observing that black money compromises democracy and the rule of law, the court issued several directives, including reporting seizures to competent authorities within 24 hours, completing investigations within a year, and submitting quarterly status reports to the Election Commission. The ruling also mandates High Courts to designate special courts for expeditious disposal of cases against candidates and requires High Court approval for withdrawing cases.

For ISRO, Friday Is Not About Putting Another Satellite Into Orbit

For ISRO, Friday Is Not About Putting Another Satellite Into Orbit

Rediff.com1 days ago

It is about proving that the agency can still deliver when the stakes are high.

Maguire: Rashford a 'Huge Threat,' Hopes He Stays at Man Utd

Maguire: Rashford a 'Huge Threat,' Hopes He Stays at Man Utd

Rediff.com17 Aug 2026

Manchester United defender Harry Maguire has expressed his hope that Marcus Rashford will remain at the club, calling the forward a 'huge threat' and a significant asset who can improve the team.

Indian envoy defends FCRA bill after US lawmaker flags concerns

Indian envoy defends FCRA bill after US lawmaker flags concerns

Rediff.com10 Aug 2026

India's Ambassador to the US, Vinay Mohan Kwatra, has clarified that the recent amendments to the Foreign Contribution (Regulation) Act (FCRA) are primarily aimed at enhancing transparency and ensuring accountability in foreign financial flows.

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Rediff.com16 Aug 2026

Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.

One Hospitalisation Can Ruin Your Retirement Goals

One Hospitalisation Can Ruin Your Retirement Goals

Rediff.com14 Aug 2026

If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

Rediff.com6 Aug 2026

Mizoram Chief Minister Lalduhoma met Union Home Minister Amit Shah regarding the Foreign Contribution (Regulation) Amendment Bill, 2026. Shah assured that the bill would not be retrospective. Various church and minority organisations have expressed concerns about the bill's impact on NGOs, schools, and healthcare units, urging its withdrawal or referral to a joint parliamentary committee.

SBI's Q1 net profit surges 14% to Rs 24,113 crore, driven by robust core income and reduced provisions

SBI's Q1 net profit surges 14% to Rs 24,113 crore, driven by robust core income and reduced provisions

Rediff.com7 Aug 2026

State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.

Enforcement Directorate Raids Dawood Gang's Drug Trafficker's Assets

Enforcement Directorate Raids Dawood Gang's Drug Trafficker's Assets

Rediff.com2 Jun 2026

The Enforcement Directorate conducted raids across Maharashtra and Gujarat as part of a money laundering investigation against Mohammad Salim Dola, an alleged drug trafficker associated with the Dawood Ibrahim gang.

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

Rediff.com7 Aug 2026

India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.

Tata Sons Listing: Suspense Continues

Tata Sons Listing: Suspense Continues

Rediff.com21 Aug 2026

Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com18 Aug 2026

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

Odisha Engineer Faces Corruption Probe After Asset Discovery

Odisha Engineer Faces Corruption Probe After Asset Discovery

Rediff.com19 May 2026

The Odisha Vigilance Department has uncovered significant assets, including multiple buildings and plots of land, allegedly belonging to a government engineer, prompting an investigation into disproportionate assets.

Smash patriarchy? No, let's start with Bharat Mata Ki Jai: Kangana slams Rahul

Smash patriarchy? No, let's start with Bharat Mata Ki Jai: Kangana slams Rahul

Rediff.com26 Aug 2026

Actor and BJP MP Kangana Ranaut has criticised Congress MP Rahul Gandhi's "smash the patriarchy" remark and his defence of actor Kriti Sanon's outfit in a Raksha Bandhan advertisement, sparking a wider debate on women's choices and cultural attire.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com4 days ago

'Improved law and order and transparent governance have helped change UP's investment image.'

Southern states back Shah's push for dialogue to settle water disputes

Southern states back Shah's push for dialogue to settle water disputes

Rediff.com20 Aug 2026

Chief ministers from southern states convened at the Southern Zonal Council meeting in Kovalam, where Karnataka CM DK Shivakumar advocated for the 1971 census as the basis for delimitation and a freeze on Lok Sabha seats, while also addressing the contentious Cauvery water and Mekedatu dam issues.

AMI To Deploy 9,000 Nvidia Rubin GPUs

AMI To Deploy 9,000 Nvidia Rubin GPUs

Rediff.com26 Aug 2026

The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com25 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com24 Aug 2026

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Odisha Engineer Under Scrutiny For Alleged Disproportionate Assets

Odisha Engineer Under Scrutiny For Alleged Disproportionate Assets

Rediff.com14 May 2026

A government engineer in Odisha's Bhadrak district is under investigation after the Vigilance Department allegedly discovered multiple assets, including land plots and residential buildings, disproportionate to his known income sources.

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

Rediff.com23 Aug 2026

Congress leader Rahul Gandhi urged girl students to "smash patriarchy" and criticised the "Manusmriti mindset" during an interaction in Pune, highlighting issues of sexual harassment, safety, and economic independence for women.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com5 days ago

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com20 Aug 2026

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

2 killed as under-construction building collapses in Hyderabad

2 killed as under-construction building collapses in Hyderabad

Rediff.com22 Aug 2026

An under-construction seven-storey building in Hyderabad collapsed, killing two workers and injuring two others. The incident highlighted issues of illegal construction near a drain and violations of mandatory setbacks. Authorities revealed the building was seized four months prior, but construction resumed, leading to the collapse. Investigations into the owner's role and demolition of similar illegal structures are underway.

Mumbai Drug Traffickers Convicted, Assets Worth Crores Seized

Mumbai Drug Traffickers Convicted, Assets Worth Crores Seized

Rediff.com21 May 2026

The Narcotics Control Bureau (NCB) has secured the conviction of five individuals involved in a major synthetic drug trafficking case in Mumbai, and has seized assets worth over Rs 6.5 crore linked to the illegal trade.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com31 May 2026

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

Morne Morkel hails Prasidh Krishna's resilience, calls him 'world-class'

Morne Morkel hails Prasidh Krishna's resilience, calls him 'world-class'

Rediff.com25 Aug 2026

India bowling coach Morne Morkel has lauded pacer Prasidh Krishna for his resilience in ignoring 'outside voices' and working hard to develop into a 'world-class bowler', highlighting his impressive performance against Sri Lanka.

Equity MF Inflows Fall 15% In July

Equity MF Inflows Fall 15% In July

Rediff.com12 Aug 2026

Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.

Bengal to fast-track CAA hearings, 23,000 get citizenship: CM Suvendu

Bengal to fast-track CAA hearings, 23,000 get citizenship: CM Suvendu

Rediff.com25 Aug 2026

West Bengal Chief Minister Suvendu Adhikari on Monday said that hearings of applications for citizenship under the CAA will soon be over, and so far the state has issued certificates to 23,000 people out of 2.30 lakh applicants.

Digital Divide Keeps Women Out of India's Gig Economy: Report

Digital Divide Keeps Women Out of India's Gig Economy: Report

Rediff.com25 Aug 2026

Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Rediff.com31 Jul 2026

Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Rediff.com28 Jul 2026

Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.

Dhruv Jurel: The Fighter Who Refused to Surrender

Dhruv Jurel: The Fighter Who Refused to Surrender

Rediff.com25 Aug 2026

Dhruv Jurel showed the same traits as his father did as an army man: Courage, discipline, resilience and an unwillingness to surrender.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

US Visa Pause Clouds Travel Plans

US Visa Pause Clouds Travel Plans

Rediff.com27 Aug 2026

'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'