News for 'banking'

Builder Arrested in Chhattisgarh for Odisha DMF Fraud

Builder Arrested in Chhattisgarh for Odisha DMF Fraud

Rediff.com19 Mar 2026

Odisha Police's Economic Offence Wing (EOW) has arrested a builder from Chhattisgarh for his alleged involvement in swindling Rs 9.6 crore from the District Mineral Foundation (DMF) in Mayurbhanj.

JD-U MLAs Want Nishant Kumar As Bihar CM, Not BJP Leader

JD-U MLAs Want Nishant Kumar As Bihar CM, Not BJP Leader

Rediff.com4 Apr 2026

'Nearly 80 of 85 JD-U MLAs are not in favour of a CM from the BJP.'

Praggnanandhaa Struggles as Sindarov Shines at Candidates Tournament

Praggnanandhaa Struggles as Sindarov Shines at Candidates Tournament

Rediff.com2 Apr 2026

Indian Grandmaster R Praggnanandhaa faces challenges at the Candidates chess tournament after a strong start, while Uzbek Javokhir Sindarov emerges as a formidable contender.

Abhishek Banerjee Accuses BJP of Neglecting Balurghat Despite 'Double-Engine' Government

Abhishek Banerjee Accuses BJP of Neglecting Balurghat Despite 'Double-Engine' Government

Rediff.com31 Mar 2026

TMC leader Abhishek Banerjee criticised the BJP's development record in Balurghat, alleging neglect despite the constituency having a BJP MP and MLA. He challenged the BJP to present a report card of their work and compared it unfavourably to the TMC government's initiatives.

Meet The Samsung Galaxy A57 5G

Meet The Samsung Galaxy A57 5G

Rediff.com28 Mar 2026

Samsung has unveiled a pair of fresh Galaxy handsets for the Indian market, expanding its A-range with the A57 5G alongside the A37 5G.

Kodak 65-Inch QD Mini LED TV Packs 108W Sound, 120Hz Gaming

Kodak 65-Inch QD Mini LED TV Packs 108W Sound, 120Hz Gaming

Rediff.com25 Mar 2026

65-inch Mini QD screen combining Mini LED lighting with Quantum Dot enhancement, delivering 4K Ultra HD clarity with Dolby Vision, HDR10 and HLG support.

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

Rediff.com23 Mar 2026

Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.

Positive biz outlook nudges banks to hire for sales growth

Positive biz outlook nudges banks to hire for sales growth

Rediff.com16 Jan 2026

Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.

Massive Cyber Fraud Network Busted: 2,900 Mule Accounts Used

Massive Cyber Fraud Network Busted: 2,900 Mule Accounts Used

Rediff.com10 Mar 2026

Police in Belagavi, Karnataka, have uncovered a large cyber fraud network using 2,900 mule bank accounts to funnel fraudulent transactions. The fraudsters target unemployed youth and women with promises of easy commissions, persuading them to share or open bank accounts used for illegal fund transfers.

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com2 Apr 2026

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

POCO X8 Pro On Sale

POCO X8 Pro On Sale

Rediff.com24 Mar 2026

If you are interested in purchasing a POCO X8 Pro you are in luck...

Congress Leader Alleges Vijayan is Appeasing Modi and Shah

Congress Leader Alleges Vijayan is Appeasing Modi and Shah

Rediff.com26 Mar 2026

Congress leader V D Satheesan has accused Chief Minister Pinarayi Vijayan of targeting Rahul Gandhi to curry favour with Prime Minister Narendra Modi and Home Minister Amit Shah, alleging blackmail and compromised investigations.

Fraud Victims May Get Rs 25k

Fraud Victims May Get Rs 25k

Rediff.com7 Mar 2026

Only bona fide victims would be compensated by banks within five days of receiving the complaint.

MF launches taper off in March in the midst of West Asia flare-up

MF launches taper off in March in the midst of West Asia flare-up

Rediff.com2 Apr 2026

Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.

Anil Ambani seeks debt treatment like Sterling's Sandesaras'

Anil Ambani seeks debt treatment like Sterling's Sandesaras'

Rediff.com24 Mar 2026

Industrialist Anil Ambani has approached the Supreme Court seeking a court-facilitated debt resolution similar to the one provided to Sterling group's Nitin and Chetan Sandesara, and five other members of their families.

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

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

Rediff.com2 Apr 2026

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

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Fake Call Centre Busted in Navi Mumbai for Stock Market Investment Fraud

Fake Call Centre Busted in Navi Mumbai for Stock Market Investment Fraud

Rediff.com15 Mar 2026

Police in Navi Mumbai have dismantled a fraudulent call centre accused of swindling individuals out of over Rs 1 crore by falsely promising high returns on share market investments. Two individuals have been arrested, and investigations are ongoing.

T20 World Cup: England bank on unity, belief, says Brook ahead of India semifinal

T20 World Cup: England bank on unity, belief, says Brook ahead of India semifinal

Rediff.com4 Mar 2026

England's captain, Harry Brook, emphasises the importance of unity, belief, and composure under pressure as the team prepares for their T20 World Cup semifinal clash against India.

NSE Targets Rs 7 Trillion Valuation

NSE Targets Rs 7 Trillion Valuation

Rediff.com25 Mar 2026

At the upper end of that range, the bourse would rank among the seven most valuable listed firms in the country.

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.

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

CPI(M) Slams Congress Over Unfulfilled Housing Promises for Wayanad Landslide Victims

CPI(M) Slams Congress Over Unfulfilled Housing Promises for Wayanad Landslide Victims

Rediff.com28 Mar 2026

CPI(M) state secretary M V Govindan has accused the Congress party of failing to deliver on its promise to construct houses for victims of the 2024 Wayanad landslide, alleging lack of transparency in funds collected and spreading misinformation about the state government's policies.

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Rediff.com3 Apr 2026

Aranmula, Kerala, prepares for Assembly elections with a focus on development, health sector performance, and religious sentiments, as incumbent Health Minister Veena George faces challenges from Congress and BJP candidates.

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

Rediff.com30 Mar 2026

Vietnamese automobile major VinFast is rapidly expanding its retail network in India, aiming for 75 dealerships across 60 cities by the end of 2026, while also building a comprehensive EV ecosystem.

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Rediff.com8 Apr 2026

By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Rediff.com19 Mar 2026

Odisha vigilance officers arrested the parents of a previously arrested banker, along with another individual, for allegedly embezzling Rs 5.56 crore in government funds in the Jajpur district. The accused are Pradip Kumar Mohanty, his wife Gitarani Mohanty, and Bishnu Prasad Dash. The funds were fraudulently diverted over six years.

Delhi Police Nab Five for Dating App Abduction and Robbery

Delhi Police Nab Five for Dating App Abduction and Robbery

Rediff.com28 Mar 2026

Delhi Police have arrested five individuals for allegedly abducting and robbing a man after luring him through a dating application in the Kalkaji area. The victim was assaulted, forced to transfer money, and later abandoned.

How fish has become a political storm in Bengal elections

How fish has become a political storm in Bengal elections

Rediff.com3 Apr 2026

In West Bengal's assembly elections, fish has become a potent symbol of Bengali identity, with the Trinamool Congress and BJP clashing over food habits and cultural representation.

International Cyber Fraud Racket Busted in J&K: Seven Arrested

International Cyber Fraud Racket Busted in J&K: Seven Arrested

Rediff.com19 Mar 2026

The Jammu and Kashmir Police's Counter Intelligence Wing (CIK) has dismantled a sophisticated international cyber fraud racket, arresting seven individuals in Srinagar. The operation targeted victims in the USA, UK, and Canada, using advanced techniques to steal funds through deceptive online schemes.

Jharkhand HC Takes Up Hazaribag Case; BJP Protests

Jharkhand HC Takes Up Hazaribag Case; BJP Protests

Rediff.com30 Mar 2026

The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag, prompting protests and a special investigation team.

SC halts Rajasthan's sand mining move in Chambal sanctuary

SC halts Rajasthan's sand mining move in Chambal sanctuary

Rediff.com2 Apr 2026

The Supreme Court of India has stayed a notification by the Rajasthan government that would have de-notified a portion of the National Chambal Sanctuary for sand mining, citing the threat to endangered species and the illegal nature of the activity.

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Rediff.com11 Mar 2026

Indian stock market indices Sensex and Nifty experienced a significant decline, driven by rising crude oil prices, sustained foreign fund outflows, and selling pressure in major bank stocks.

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

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.'

Thailand: Always A Place To Return To

Thailand: Always A Place To Return To

Rediff.com7 Apr 2026

Discovering the stunning land of breathtaking temples.

How Jharkhand Police Cracked 'Digital Arrest' Extortion Case

How Jharkhand Police Cracked 'Digital Arrest' Extortion Case

Rediff.com25 Mar 2026

Jharkhand CID arrests a man from Bihar for allegedly extorting over Rs 10 lakh from an elderly person through 'digital arrest'.

Court Drops Corruption Charges in Guruashish Construction Cheating Case After CBI Report

Court Drops Corruption Charges in Guruashish Construction Cheating Case After CBI Report

Rediff.com12 Mar 2026

A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Rediff.com20 Mar 2026

Wipro has launched its AI-Data Centre solution, integrating NVIDIA's AI Enterprise platform, to accelerate enterprise-scale AI adoption and modernise data centre environments.

Parliament Budget Session: LS debates FCRA amendment; Oppn raises flag

Parliament Budget Session: LS debates FCRA amendment; Oppn raises flag

Rediff.com1 Apr 2026

Lok Sabha takes up FCRA Amendment Bill amid opposition protests.