News for 'bank accounts'

Online Cricket Betting Racket Busted in Delhi, Four Arrested

Online Cricket Betting Racket Busted in Delhi, Four Arrested

Rediff.com3 Mar 2026

Delhi Police have arrested four individuals for allegedly operating an illegal online cricket betting racket with connections to Dubai from Paschim Vihar.

Mumbai Legislature Targeted: Bomb Threat Sparks Security Alert

Mumbai Legislature Targeted: Bomb Threat Sparks Security Alert

Rediff.com3 days ago

An email threatening missile and bomb attacks on the Maharashtra Vidhan Bhavan and other key locations in Mumbai triggered a security alert, prompting extensive searches and heightened security measures.

RBI proposes to cap banks' dividend payout at 75% of net profit

RBI proposes to cap banks' dividend payout at 75% of net profit

Rediff.com7 Jan 2026

The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).

Street Signs: Narrowing window, upping the colo game, and test of patience

Street Signs: Narrowing window, upping the colo game, and test of patience

Rediff.com6 days ago

With domestic markets turning choppy, investors are increasingly scouting for opportunities overseas to diversify portfolios and hedge against a weakening rupee.

Macron calls for India-France push on responsible AI

Macron calls for India-France push on responsible AI

Rediff.com19 Feb 2026

French President Emmanuel Macron announced that India and France will collaborate to develop an artificial intelligence framework that combines innovation with responsibility and technology with humanity, addressing the need for inclusive digital tools amid rising geopolitical tensions.

Man Accused of Leaking Navy Secrets to Pakistan Denied Bail

Man Accused of Leaking Navy Secrets to Pakistan Denied Bail

Rediff.com6 days ago

A court in Thane, Maharashtra, has denied bail to a junior service engineer accused of leaking sensitive information about warships and submarines to Pakistani nationals, citing the serious nature of the offence.

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Rediff.com14 Jan 2026

'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

International fake call centre duping Aussies busted in Cyberabad, 9 held

International fake call centre duping Aussies busted in Cyberabad, 9 held

Rediff.com30 Nov 2025

Cyberabad police apprehended nine individuals for allegedly operating an international fake call centre that defrauded Australian citizens of millions of rupees over two years.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com3 days ago

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

SC aks govt to protect, compensate vulnerable cyber victims

SC aks govt to protect, compensate vulnerable cyber victims

Rediff.com16 Feb 2026

The Supreme Court has directed the government to raise awareness, compensate, and protect vulnerable individuals who have lost money in cyber scams. The court's remarks came while granting bail to an accused in a cybercrime case, emphasizing the need for public education and cybersecurity awareness.

India will buy oil from Venezuela, not Iran: Trump

India will buy oil from Venezuela, not Iran: Trump

Rediff.com1 Feb 2026

The Indian government has not yet responded to Trump's comments yet.

Thane air hostess ends life, former partner booked

Thane air hostess ends life, former partner booked

Rediff.com14 Jan 2026

A 21-year-old air hostess allegedly committed suicide in Thane, leading to an abetment case against her former partner. The investigation revealed financial exploitation and alleged threats.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com2 days ago

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

Cong's bank accounts 'unfrozen' after I-T action claim

Cong's bank accounts 'unfrozen' after I-T action claim

Rediff.com16 Feb 2024

This has affected all political activity of the party, Maken said at a press conference.

'Want To Retire Early... Are My Investments Enough?'

'Want To Retire Early... Are My Investments Enough?'

Rediff.com4 Mar 2026

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Beed: 4 booked for raising Rs 4 crore to 'support' Palestine

Beed: 4 booked for raising Rs 4 crore to 'support' Palestine

Rediff.com9 Jan 2026

Four persons were booked in Maharashtra's Beed district for collecting more than Rs 4 crore fraudulently claiming it was to support Palestine amid the war with Israel, a police official said on Thursday.

CBI chargesheets 4 Chinese citizens among 17 in Rs 1,000-cr cyber fraud case

CBI chargesheets 4 Chinese citizens among 17 in Rs 1,000-cr cyber fraud case

Rediff.com14 Dec 2025

The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore.

Up to 4 banks may have to tap buffers in adverse scenarios

Up to 4 banks may have to tap buffers in adverse scenarios

Rediff.com1 Jan 2026

The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

IPO Listing Gains Hit 7-Year Low

IPO Listing Gains Hit 7-Year Low

Rediff.com2 Mar 2026

Share of IPOs opening above issue price drops to 64.6%, median gains shrink sharply amid market volatility.

Phase out universal subsidies: ADB-PwC study to 16th FC

Phase out universal subsidies: ADB-PwC study to 16th FC

Rediff.com16 Feb 2026

Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.

RBI to roll out risk-based premium model for deposit insurance

RBI to roll out risk-based premium model for deposit insurance

Rediff.com10 Feb 2026

The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium.

GESDA and CERN Partner to Ensure Quantum Computing Accessibility for All

GESDA and CERN Partner to Ensure Quantum Computing Accessibility for All

Rediff.com7 Mar 2026

The Open Quantum Institute, a joint initiative by GESDA and CERN, aims to ensure that quantum computing is accessible to all when it becomes widely available, fostering global collaboration and capacity building.

Can India Reset Ties With Bangladesh?

Can India Reset Ties With Bangladesh?

Rediff.com24 Feb 2026

Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

How the Open Quantum Institute Plans to Make Quantum Computing Accessible to All

How the Open Quantum Institute Plans to Make Quantum Computing Accessible to All

Rediff.com7 Mar 2026

The Open Quantum Institute (OQI), a joint initiative by Geneva Science and Diplomacy Anticipator (GESDA) and CERN, aims to ensure equitable access to quantum computing when it becomes widely available, fostering international cooperation and addressing societal implications.

Households Are Moving Away From Banks To Markets

Households Are Moving Away From Banks To Markets

Rediff.com8 Dec 2025

For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025.

Sensex, Nifty close almost unchanged in choppy trade

Sensex, Nifty close almost unchanged in choppy trade

Rediff.com11 Feb 2026

Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.

Pvt banks may lose ground again in FY26 as credit growth lags

Pvt banks may lose ground again in FY26 as credit growth lags

Rediff.com3 Dec 2025

India's private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

'Is Rs 10 Cr Realistic In 10 Years?'

'Is Rs 10 Cr Realistic In 10 Years?'

Rediff.com26 Feb 2026

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

86% Taxpayers Shift To New Tax Regime

86% Taxpayers Shift To New Tax Regime

Rediff.com13 Feb 2026

'Among corporates, about 60% of income is now reported under the new tax regime.'

'Powerful Individuals Escape Accountability In This Country'

'Powerful Individuals Escape Accountability In This Country'

Rediff.com26 Dec 2025

'Judges have transmitted a terrible message to citizens across the nation. All right-thinking individuals will be disturbed by what the Delhi high court judges have done.'

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com25 Feb 2026

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

SBI reports all-time high standalone profit of Rs 21,028 cr in Q3

SBI reports all-time high standalone profit of Rs 21,028 cr in Q3

Rediff.com7 Feb 2026

State Bank of India on Saturday reported an all-time high profit of Rs 21,028 crore in December quarter FY26 on a standalone basis.

Haryana CA murders pregnant wife, spins robbery-kidnap tale to hide crime

Haryana CA murders pregnant wife, spins robbery-kidnap tale to hide crime

Rediff.com18 Feb 2026

A chartered accountant in Haryana has been arrested for allegedly murdering his pregnant wife and attempting to stage a robbery. Police investigations revealed inconsistencies in his story, leading to his confession.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.