Don't Want IT Notice? Read This NOW!

Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Prime Minister Narendra Modi on Saturday lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Collateral-Free Debt Funding For Start-Ups

Illustration: Uttam Ghosh/Rediff.com The Department for Promotion of Industry and Internal Trade has notified the establishment of the Credit Guarantee Scheme for Start-ups, CGSS. It would......

Sitharaman extends ECLGS scheme for MSMEs till Mar 2023

The Emergency Credit Line Guarantee Scheme (ECLGS) that provided much needed additional credit to over 1.3 crore MSMEs will be extended till March 2023 with its guarantee cover expanded by Rs......

Bankers trip over student loans

Students seem to be giving bankers a run for their money, literally. Stung by a growing number of sticky educational loans, a working group of the Indian Banks' Association, the premier bankers'......

Cabinet nod for Rs 1 lakh crore agri-infra fund

The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management......