News for 'financial institutions'

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Rediff.com21 May 2026

India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.

Ex-WAPCOS Chief Faces Corruption Charges: CBI Investigates

Ex-WAPCOS Chief Faces Corruption Charges: CBI Investigates

Rediff.com4 May 2026

The CBI has registered a corruption case against Rajni Kant Agrawal, the former chairman-cum-managing director of Water and Power Consultancy Services (WAPCOS), following a complaint from the Ministry of Jal Shakti.

Patient With Liver Cancer Found Dead In Lucknow Hospital

Patient With Liver Cancer Found Dead In Lucknow Hospital

Rediff.com18 May 2026

A patient admitted to Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI) in Lucknow was found dead in his hospital bed with his throat slit. Police are investigating the circumstances surrounding the death.

Infosys Stock Outlook Turns Cautious Despite Q4 Earnings Beat: Brokerages Cut Target Prices

Infosys Stock Outlook Turns Cautious Despite Q4 Earnings Beat: Brokerages Cut Target Prices

Rediff.com24 Apr 2026

Infosys Q4 results beat estimates, but weak FY27 guidance triggers cautious brokerage outlook and target price cuts. Should investors worry?

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com4 days ago

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com6 days ago

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Rediff.com31 Mar 2026

Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

Sensex, Nifty rebound; RIL leads gains

Sensex, Nifty rebound; RIL leads gains

Rediff.com20 May 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded on Wednesday, recovering intraday losses, primarily driven by strong fag-end buying and a significant rally in blue-chip Reliance Industries.

US-Iran Negotiations, Crude Oil Prices to Dictate Indian Stock Market Trends

US-Iran Negotiations, Crude Oil Prices to Dictate Indian Stock Market Trends

Rediff.com7 days ago

Indian stock markets are set to be influenced by developments in US-Iran negotiations, crude oil prices, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com3 days ago

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

Massive Fake Degree Racket Uncovered In Kanpur

Massive Fake Degree Racket Uncovered In Kanpur

Rediff.com18 May 2026

Kanpur police have exposed a large-scale fake degree racket, arresting two individuals allegedly involved in supplying forged educational documents across multiple states. The operation uncovered fake marksheets, migration certificates, and degrees from various universities, raising concerns about the integrity of academic credentials and potential implications for employment and admissions.

Delhi Police Crackdown: Assets of Notorious Criminal Frozen

Delhi Police Crackdown: Assets of Notorious Criminal Frozen

Rediff.com15 Apr 2026

Delhi Police have frozen assets worth approximately Rs 5 crore belonging to a notorious criminal involved in organised crime, including illegal gambling, in northwest Delhi.

Patient With Cancer Found Dead In Lucknow Hospital

Patient With Cancer Found Dead In Lucknow Hospital

Rediff.com18 May 2026

A patient admitted to Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI) in Lucknow was found dead in his hospital bed with his throat slit. Police are investigating the circumstances surrounding the death of the 61-year-old cancer patient.

J-K school declared 'unlawful entity' under UAPA over banned Jamaat links

J-K school declared 'unlawful entity' under UAPA over banned Jamaat links

Rediff.com28 Apr 2026

A school in Shopian district of Jammu and Kashmir, allegedly run by individuals affiliated with a banned organisation, has been declared an "unlawful entity" under the Unlawful Activities (Prevention) Act (UAPA).

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Rediff.com23 May 2026

The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.

Telangana Police To Collaborate To Eradicate Drug Menace

Telangana Police To Collaborate To Eradicate Drug Menace

Rediff.com7 May 2026

Telangana's DGP C V Anand has directed the police force to collaborate and intensify efforts to eradicate drug trafficking in the state. The focus will be on advanced technology, tracing financial trails, and crushing foreign syndicates. The DGP also highlighted the need for educational institutions to take responsibility and report drug-related incidents.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com14 Apr 2026

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

How Hyderabad Police Is Tackling Cyber Fraud

How Hyderabad Police Is Tackling Cyber Fraud

Rediff.com23 Apr 2026

Hyderabad Police Commissioner V C Sajjanar convened a meeting with bankers to address the misuse of bank accounts in cyber frauds and implement preventative measures, following 'Operation Octopus' which dismantled cyber fraud networks and led to arrests of complicit bank officials.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.

Now, North, South Blocks to showcase 5,000 years of Indian history

Now, North, South Blocks to showcase 5,000 years of Indian history

Rediff.com10 hours ago

Work has commenced on restoring the North and South Blocks to their original design, paving the way for the Yuge Yugeen Bharat National Museum project, with a target completion date for the first phase set for 2028.

US raises concerns over India's data protection, internet shutdown policies

US raises concerns over India's data protection, internet shutdown policies

Rediff.com10 Apr 2026

The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Rediff.com19 May 2026

Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.

Three Arrested In Rs 1.6 Crore Digital Arrest Scam

Three Arrested In Rs 1.6 Crore Digital Arrest Scam

Rediff.com18 Apr 2026

The CBI has arrested three individuals, including an IndusInd Bank assistant manager, in connection with a Rs 1.6 crore "digital arrest" scam. The arrests followed searches in Telangana and Andhra Pradesh.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

NEET Paper Leak: Court Remands Coaching Centre Founder To CBI Custody

NEET Paper Leak: Court Remands Coaching Centre Founder To CBI Custody

Rediff.com18 May 2026

A Delhi court has remanded Shivraj Raghunath, founder of Renukai Career Centre, to nine days' CBI custody in connection with the NEET paper leak case. The CBI is investigating the source of the leaked papers and the involvement of other individuals.

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Rediff.com12 May 2026

Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.

Nottingham Trent University Scholarship: 25-50% Fee Waiver For First Year

Nottingham Trent University Scholarship: 25-50% Fee Waiver For First Year

Rediff.com19 May 2026

Nottingham Trent University is offering partially funded study opportunities at its UK campuses to global undergraduate and postgraduate students.

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

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

Rediff.com4 May 2026

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'.

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Rediff.com30 Apr 2026

Aditya Puri is one of the cleanest examples we have, in Indian corporate history, of a leader who understood early that the measure of his work was not what happened while he was in the chair. It was what would keep happening when he was no longer there, says Suresh M K.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com4 days ago

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Weak FY27 guidance, AI fears weigh on Infosys

Weak FY27 guidance, AI fears weigh on Infosys

Rediff.com25 Apr 2026

Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.

NEET Paper Leak: CBI Raids Student Homes In Nagpur

NEET Paper Leak: CBI Raids Student Homes In Nagpur

Rediff.com19 May 2026

The Central Bureau of Investigation (CBI) has conducted searches at the residences of two students in Nagpur as part of its investigation into the NEET-UG 2026 paper leak case. Mobile phones, laptops, and other digital devices were seized for forensic examination.

India Audits 101 Cities To Assess Ease Of Living

India Audits 101 Cities To Assess Ease Of Living

Rediff.com7 May 2026

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.

NEET case: Court sends coaching centre founder to 9-day CBI custody

NEET case: Court sends coaching centre founder to 9-day CBI custody

Rediff.com19 May 2026

The CBI has arrested Shivraj Raghunath Motegaonkar, founder of Renukai Career Centre, for his alleged involvement in the NEET-UG paper leak. The arrest followed the recovery of a leaked question paper from his mobile phone.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.