News for 'finance'

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com6 days ago

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com23 hours ago

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.

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com1 hour ago

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com3 hours ago

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Rediff.com29 Apr 2026

Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.

AAP Accuses BJP Of Political Vendetta After ED Arrest Of Minister

AAP Accuses BJP Of Political Vendetta After ED Arrest Of Minister

Rediff.com2 days ago

The Aam Aadmi Party (AAP) has strongly criticised the Enforcement Directorate (ED) raid and subsequent arrest of Punjab minister Sanjeev Arora, calling it a politically motivated act by the BJP-led central government. AAP leaders allege the BJP is misusing central agencies to suppress opposition voices and destabilise the AAP government in Punjab.

How Mizoram Police Rescued Women From Trafficking Racket

How Mizoram Police Rescued Women From Trafficking Racket

Rediff.com4 days ago

Mizoram police, in collaboration with Uttarakhand police, rescued five Mizo women, including two minors, from a sex trafficking racket operating under the guise of a spa in Rudrapur. Six individuals have been arrested, including the alleged mastermind and spa owner.

'Every Political Party Will Be BJP-ised'

'Every Political Party Will Be BJP-ised'

Rediff.com2 hours ago

'Look at the way SIR that was implemented in Bengal. They wanted to entirely curate the voter list in order to suit their purposes and victory.' 'Look at the targeted deletions and the targeted voting list.' 'The difference between the TMC and the BJP was only about 4% but that 4% vote was done so selectively that the difference ultimately showed up as 100 seats!'

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Rediff.com6 days ago

Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com5 days ago

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Another Arrest Made In Jharkhand Treasury Scam

Another Arrest Made In Jharkhand Treasury Scam

Rediff.com6 days ago

The Jharkhand Criminal Investigation Department (CID) has arrested another person in connection with the alleged Hazaribag treasury scam, bringing the total number of arrests to six. The investigation, ordered by the Jharkhand government, focuses on the illegal withdrawal of money from the Hazaribagh Treasury. A Special Investigation Team (SIT) has been formed to handle the case.

India Audits 101 Cities To Assess Ease Of Living

India Audits 101 Cities To Assess Ease Of Living

Rediff.com4 days ago

India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Rediff.com7 days ago

Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.

Dridam Review: Average Thriller With Shock Ending

Dridam Review: Average Thriller With Shock Ending

Rediff.com2 days ago

Dridam starts well as this intriguing small-town investigative thriller worthy of the Jeethu Joseph school of suspense, only to trip over clumsy red herrings and over-explanations, observes Sreeju Sudhakaran.

TVK: 34.91%. DMK: 24%. AIADMK: 21%.

TVK: 34.91%. DMK: 24%. AIADMK: 21%.

Rediff.com7 days ago

One of the standout stories of the TVK victory was that of 30-year-old R Sabarinathan, the son of Vijay's driver from Virugambakkam.

'We deserve more': Players slam French Open pay

'We deserve more': Players slam French Open pay

Rediff.com5 days ago

The Professional Tennis Players Association (PTPA) has criticised the French Open's prize money structure, supporting players' demands for a fairer share of revenue and broader structural changes in tennis.

Court Rejects Indrani Mukerjea's Plea To Travel Abroad

Court Rejects Indrani Mukerjea's Plea To Travel Abroad

Rediff.com3 days ago

A special court in Mumbai has denied Indrani Mukerjea, an accused in the Sheena Bora murder case, permission to travel to Spain and the United Kingdom, citing concerns about her being a flight risk and the trial nearing its conclusion.

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Rediff.com6 days ago

Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

Avoid These Life Insurance Mistakes

Avoid These Life Insurance Mistakes

Rediff.com4 days ago

Proposal forms are often filled by the agent. Check the form after it is filled.

West Asia Conflict Deepens India's Economic Challenges

West Asia Conflict Deepens India's Economic Challenges

Rediff.com30 Apr 2026

Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com4 days ago

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

Judge Withdraws From Karti Chidambaram CBI Case Hearing

Judge Withdraws From Karti Chidambaram CBI Case Hearing

Rediff.com28 Apr 2026

Delhi High Court judge Justice Swarana Kanta Sharma has recused herself from hearing a plea by Congress MP Karti Chidambaram seeking to quash a CBI FIR against him. The FIR alleges that Chidambaram helped an alcoholic beverage company over the ban on the duty-free sale of its whisky.

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Rediff.com7 days ago

Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com22 Apr 2026

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

Seven Arrested In Chhattisgarh Overtime Payment Scam

Seven Arrested In Chhattisgarh Overtime Payment Scam

Rediff.com7 days ago

The Anti-Corruption Bureau/Economic Offences Wing arrested seven individuals, including executives from manpower firms, in connection with alleged irregularities in overtime payments within Chhattisgarh State Marketing Corp Ltd during the previous Congress administration.

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Rediff.com7 days ago

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

Rediff.com7 days ago

India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com7 days ago

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Mamata, her 21 ministers swept out in massive anti-incumbency wave

Mamata, her 21 ministers swept out in massive anti-incumbency wave

Rediff.com6 days ago

The Trinamool Congress government's massive defeat in West Bengal shows "deep anti-incumbency and unpopularity" as out of 35 ministers who contested the assembly elections, 22 have been defeated, including Chief Minister Mamata Banerjee in her constituency.

Why Staying Invested During Wars Builds Wealth

Why Staying Invested During Wars Builds Wealth

Rediff.com5 days ago

Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan

ED Officers Honoured For Kolkata I-PAC Raid

ED Officers Honoured For Kolkata I-PAC Raid

Rediff.com1 May 2026

Two Enforcement Directorate officers who participated in the raid against I-PAC in Kolkata this January received an award for their 'exceptional competence'.

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Rediff.com30 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Rediff.com16 Apr 2026

Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.

DMart valuation cart full: Little room for upside

DMart valuation cart full: Little room for upside

Rediff.com6 days ago

Shares of Avenue Supermarts, operator of DMart, fell 5.2 per cent after reporting mixed Q4 FY26 results, with brokerages offering divergent 'sell', 'buy', and 'hold' ratings based on factors like valuation, competitive intensity, and store expansion strategies.

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Rediff.com7 days ago

A Delhi court has dismissed the bail application of Al-Falah chairman Jawad Ahmad Siddiqui in a Rs 493-crore money laundering case being investigated by the Enforcement Directorate, saying that the allegations against him are 'grave in nature'.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

Madhya Pradesh Police Bust Gang Linked To Lawrence Bishnoi Aide

Madhya Pradesh Police Bust Gang Linked To Lawrence Bishnoi Aide

Rediff.com24 Apr 2026

Madhya Pradesh police have busted an organised gang with connections to gangster Lawrence Bishnoi's associate, arresting three key accused in an extortion case.