News for 'financial impact'

Stock Markets Shine Despite Weak Monsoon

Stock Markets Shine Despite Weak Monsoon

Rediff.com11 Jun 2025

Data since 2005 show that the five years with the highest rainfall saw average market returns of 8.98 per cent, while the five driest years returned 25.7 per cent on average.

Limit Crypto Bets: 2%-5% Is Safe Zone

Limit Crypto Bets: 2%-5% Is Safe Zone

Rediff.com5 Aug 2025

Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.

Day 3 of quota stir: Jarange threatens to give up water

Day 3 of quota stir: Jarange threatens to give up water

Rediff.com31 Aug 2025

Manoj Jarange's protest for Maratha quota at Mumbai's Azad Maidan enters its third day. Jarange is demanding 10% quota for Marathas and recognition as Kunbis. Maharashtra ministers suggest the community avail the existing EWS quota.

Amazon Gives India $12.7B AI Boost

Amazon Gives India $12.7B AI Boost

Rediff.com11 Aug 2025

'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'

What You Need To Know About New I-T Bill

What You Need To Know About New I-T Bill

Rediff.com26 Aug 2025

'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'

Pakistan pleaded for ceasefire, govt tells Parliament

Pakistan pleaded for ceasefire, govt tells Parliament

Rediff.com25 Jul 2025

The government stated that Operation Sindoor was launched in response to a 'barbaric' attack by 'Pakistan-sponsored terrorists,' focusing on dismantling terror infrastructure and neutralizing terrorists likely to be sent across to India.

Analysts see further gains in LIC post strong Q1FY26 performance

Analysts see further gains in LIC post strong Q1FY26 performance

Rediff.com16 Aug 2025

Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Aug 2025

Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Rediff.com31 Aug 2025

Indian non-profit 'Educate Girls' wins the Ramon Magsaysay Award for its work in educating out-of-school girls in remote villages. The award recognizes selfless service to the peoples of Asia.

Renewal of life insurers' policies, after 1 year, declines in June quarter

Renewal of life insurers' policies, after 1 year, declines in June quarter

Rediff.com11 Aug 2025

The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.

RBI extends trading hours of call money, repo, tri-party repo markets

RBI extends trading hours of call money, repo, tri-party repo markets

Rediff.com26 Jun 2025

The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.

HCLTech Q1 net profit dips 9.7%; revenue rises 8.1%

HCLTech Q1 net profit dips 9.7%; revenue rises 8.1%

Rediff.com14 Jul 2025

HCLTech on Monday reported a 9.7 per cent decline in consolidated net profit for the April-June quarter of this fiscal year at Rs 3,843 crore as the IT services firm and pegged the revenue growth guidance at 3-5 per cent for FY26. HCLTech had logged a net profit (attributable to owners of the company) of Rs 4,257 crore in the year-ago period, according to a regulatory filing.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

Costly Mid-Layer Faces IT Layoff Axe

Costly Mid-Layer Faces IT Layoff Axe

Rediff.com18 Aug 2025

More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.

How the markets will fare this week

How the markets will fare this week

Rediff.com27 Jul 2025

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.

Shares of MIIs, brokerages decline as concerns rise over threat to volumes

Shares of MIIs, brokerages decline as concerns rise over threat to volumes

Rediff.com13 Jul 2025

Stocks of brokerages and market infrastructure institutions (MIIs) witnessed selling pressure after the Securities and Exchange Board of India's (Sebi's) crackdown on proprietary trading firm Jane Street. The weakness was attributed to concerns that debarment of the US firm - a prominent player in the futures and options (F&O) segment - will lead to a further decline in volumes, which are already down over 30 per cent from the peak.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

Why Paytm, 2 arms got Rs 611 cr ED notice

Why Paytm, 2 arms got Rs 611 cr ED notice

Rediff.com1 Mar 2025

The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries- Little Internet and Nearbuy, with respect to certain investment transactions, according to an exchange filing. Paytm clarified that the alleged breach pertains to the period when the two companies were not its subsidiaries.

Cautious state-run banks expect 11-13% credit growth in FY26

Cautious state-run banks expect 11-13% credit growth in FY26

Rediff.com20 May 2025

Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.

ISL Clubs Threaten To Cease Operations!

ISL Clubs Threaten To Cease Operations!

Rediff.com16 Aug 2025

ISL clubs warn AIFF of possibility of their shutting down entirely if current impasse not resolved

Should You Invest In Corporate Bonds?

Should You Invest In Corporate Bonds?

Rediff.com10 Jul 2025

Only a limited set of investors should invest directly in corporate bonds.

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Nifty to continue upward trajectory in H2CY25, says analysts

Nifty to continue upward trajectory in H2CY25, says analysts

Rediff.com9 Jul 2025

Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.

Will German Visa Rules Affect Students?

Will German Visa Rules Affect Students?

Rediff.com10 Jun 2025

Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.

Tariff impact: Reliance Jio loses 3.76 million users in October 2024

Tariff impact: Reliance Jio loses 3.76 million users in October 2024

Rediff.com24 Dec 2024

Losing subscribers for the fourth straight month, Reliance Jio witnessed 3.76 million users leave the telecom operator in October, data from the Telecom Regulatory Authority of India (Trai) showed on Monday. Meanwhile, Bharti Airtel reversed three months of decline, and added 1.92 million users, indicating it has overcome the impact of the broad-based tariff hikes imposed by private sector telcos in July.

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

IndiGo Q1 profit skids 20%; sees 12% passenger growth

IndiGo Q1 profit skids 20%; sees 12% passenger growth

Rediff.com30 Jul 2025

The country's largest airline IndiGo on Wednesday reported a 20 per cent decline in profit after tax at Rs 2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12 per cent more passengers during the period.

10 Investment Options Better Than FDs

10 Investment Options Better Than FDs

Rediff.com1 Jul 2025

The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Rediff.com25 Apr 2025

Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.

CII expects GDP to grow 6.4-6.7% in FY26

CII expects GDP to grow 6.4-6.7% in FY26

Rediff.com3 Jul 2025

India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.

Top Competitive Exams After Class 12

Top Competitive Exams After Class 12

Rediff.com18 Aug 2025

rediffGURU Nayagam PP, career counsellor and the founder of EduJob360, counsels students and aspiring professionals about how they can make the right career decision.

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Rediff.com21 Jun 2025

Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger.

RBI Dividend To Help Govt With Defence Budget

RBI Dividend To Help Govt With Defence Budget

Rediff.com7 Jun 2025

Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions between India and Pakistan.

'The Problem With Quick Fixes Is...'

'The Problem With Quick Fixes Is...'

Rediff.com8 Aug 2025

'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'

India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

Rediff.com12 Jul 2025

India's net direct tax collections contracted 1.3 per cent to about 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released on Friday revealed.