News for 'financial impact'

'How Much Money A Film Has Made, How Much Money It Has Not Made'

'How Much Money A Film Has Made, How Much Money It Has Not Made'

Rediff.com9 Jun 2026

'There is a relationship between the audience and the film, and money should not come in between them.'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com7 days ago

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

Governor Review: Oversimple Take On India's Monetary Muddle

Governor Review: Oversimple Take On India's Monetary Muddle

Rediff.com12 Jun 2026

Governor: Simplistic narrative, questionable historical accuracy, underwhelming production quality, notes Sukanya Verma.

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Rediff.com20 Jun 2026

'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Rediff.com1 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Iran says US has agreed to release $12 billion frozen assets

Iran says US has agreed to release $12 billion frozen assets

Rediff.com15 Jun 2026

A peace deal between the US and Iran, set to be signed in Geneva, faces significant hurdles over the release of Iran's USD 12 billion in frozen assets, with conflicting reports from both sides on the conditions for their release.

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Rediff.com28 May 2026

Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.

FIFA World Cup brings back bitter memories for Mexico's missing families

FIFA World Cup brings back bitter memories for Mexico's missing families

Rediff.com5 days ago

Mexico counts more than 135,000 missing people, a figure that has surged since 2006 when then-President Felipe Calderon launched a war against the country's drug cartels.

'Op Tiger' successful, declares Fadnavis; breaking news soon, says Shinde

'Op Tiger' successful, declares Fadnavis; breaking news soon, says Shinde

Rediff.com21 Jun 2026

Amid the buzz over a split in the ranks of Lok Sabha MPs of Shiv Sena-Uddhav Balasaheb Thackeray through "Operation Tiger", Maharashtra Chief Minister Devendra Fadnavis on Sunday said the "operation" has been successful. His deputy and Shiv Sena president Eknath Shinde said he never leaves an operation incomplete.

80 lakh women removed from Maharashtra's Ladki Bahin scheme

80 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com1 Jun 2026

Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.

Four Booked For Firing At Parked SUV Over Monetary Dispute In Lucknow

Four Booked For Firing At Parked SUV Over Monetary Dispute In Lucknow

Rediff.com5 Jun 2026

Four individuals have been booked by Lucknow police for allegedly firing at a parked SUV in Gomti Nagar Extension. The incident, which occurred over a monetary dispute, saw multiple bullet marks on the vehicle, though no one was inside at the time. Police have registered a case and are investigating.

Protection products fuel double-digit VNB growth for major life insurers

Protection products fuel double-digit VNB growth for major life insurers

Rediff.com3 Jun 2026

Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

How Delhi Police Busted Interstate Cyber Fraud Syndicates

How Delhi Police Busted Interstate Cyber Fraud Syndicates

Rediff.com20 May 2026

Delhi Police dismantled multiple interstate cyber fraud syndicates in a month-long operation, arresting 35 and bringing 89 offenders to justice. The syndicates were involved in various scams, including digital arrest, investment fraud, and fake dating schemes, with transactions worth nearly Rs 40 crore.

'Migrants Lost Confidence After The War'

'Migrants Lost Confidence After The War'

Rediff.com20 Jun 2026

'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

Delhi Gymkhana seeks alternate land amid takeover row

Delhi Gymkhana seeks alternate land amid takeover row

Rediff.com26 May 2026

Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.

Indian Youth Adopt Work AI Faster Than Global Peers

Indian Youth Adopt Work AI Faster Than Global Peers

Rediff.com21 May 2026

A Deloitte survey reveals that Indian Gen Z and millennial professionals are rapidly adopting AI tools in the workplace, surpassing their global counterparts in usage and confidence, while also facing financial pressures and shifting workplace expectations.

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Rediff.com2 Jun 2026

The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

Telangana Farmer Kills Wife, Children, Over Debt

Telangana Farmer Kills Wife, Children, Over Debt

Rediff.com27 May 2026

A 40-year-old man in Telangana allegedly killed his wife and two children before dying by suicide due to mounting debts, police said.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

High Court Seeks Solution For Juvenile Homes' Funding Delay

High Court Seeks Solution For Juvenile Homes' Funding Delay

Rediff.com27 May 2026

The Allahabad High Court has expressed strong displeasure over the delay in the release of funds to NGO-run juvenile homes operating under the Mission Vatsalya scheme, warning of action if a solution is not presented by May 29.

Ruturaj Gaikwad Penalised For Slow Over-Rate Against Gujarat Titans

Ruturaj Gaikwad Penalised For Slow Over-Rate Against Gujarat Titans

Rediff.com22 May 2026

Chennai Super Kings captain Ruturaj Gaikwad has been fined after his team maintained a slow over-rate during their IPL match against Gujarat Titans, resulting in a penalty of INR 24 lakhs.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com20 May 2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

How Bengaluru Will Use AI To Manage Water Better

How Bengaluru Will Use AI To Manage Water Better

Rediff.com1 Jun 2026

The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Rediff.com7 Jun 2026

The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the US Central Command late Saturday.

BCCI eyes 94-match IPL, refuses to intervene in foreign player availability disputes

BCCI eyes 94-match IPL, refuses to intervene in foreign player availability disputes

Rediff.com13 Jun 2026

The BCCI has no plans to act as a bridge between overseas players and their respective teams over their availability for the IPL despite concerns being raised by franchises in the recently concluded edition.

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Rediff.com21 May 2026

Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.

Rupee Fall Hits Study Abroad Dreams

Rupee Fall Hits Study Abroad Dreams

Rediff.com4 Jun 2026

Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.

Why Kerala Court Denied Bail In ED Attack Case

Why Kerala Court Denied Bail In ED Attack Case

Rediff.com30 May 2026

A Kerala court has dismissed the bail plea of five individuals accused of attacking vehicles carrying Enforcement Directorate (ED) officials. The court cited the severity of the attack, potential impact on society, and ongoing investigation as reasons for denying bail.

How Gujarat Police Cracked Down On Cyber Fraud

How Gujarat Police Cracked Down On Cyber Fraud

Rediff.com1 Jun 2026

Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com28 May 2026

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.