News for 'financial issues'

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

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

How East Bengal Ended 22-Year Wait For ISL Glory

How East Bengal Ended 22-Year Wait For ISL Glory

Rediff.com22 May 2026

East Bengal secured the Indian Super League title after a dramatic season, defeating Inter Kashi in the final. AIFF President Kalyan Chaubey has assured a full-fledged format next season despite ongoing uncertainties surrounding the league's structure.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Kolkata Police DC Arrested In Sona Pappu Network Fraud Case

Kolkata Police DC Arrested In Sona Pappu Network Fraud Case

Rediff.com14 May 2026

Kolkata Police Deputy Commissioner Shantanu Sinha Biswas has been arrested by the Enforcement Directorate in connection with a fraud and extortion case linked to the Sona Pappu network.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

How A Punjab Football Academy Is Combating Drug Abuse

How A Punjab Football Academy Is Combating Drug Abuse

Rediff.com23 May 2026

A grassroots football academy in Punjab is using football to combat drug abuse and develop young talent, addressing key issues in Indian football's grassroots development.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

US-China Rivalry Enters New Phase

US-China Rivalry Enters New Phase

Rediff.com27 May 2026

The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rediff.com21 May 2026

India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.

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.

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

Rediff.com15 May 2026

Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

Rediff.com22 May 2026

As many as 35 vessels, including cargo carriers and oil tankers, successfully navigated through the strategic maritime chokepoint of the Strait of Hormuz over the last 24 hours, according to Iran's state media reports citing a formal declaration by the Islamic Revolutionary Guard Corps (IRGC) Navy.

French Open: Players demand fairer revenue sharing, stronger representation

French Open: Players demand fairer revenue sharing, stronger representation

Rediff.com22 May 2026

A simmering dispute between players and the Grand Slams over revenue sharing intensified at the French Open on Friday, with Novak Djokovic warning the sport risked further fragmentation as leading players pressed for a greater voice in shaping its future.

Eye on China: Quad ramps up Indo-Pacific surveillance

Eye on China: Quad ramps up Indo-Pacific surveillance

Rediff.com27 May 2026

The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Doctors, Lab Operators Involved In Rajasthan Health Scheme Fraud

Doctors, Lab Operators Involved In Rajasthan Health Scheme Fraud

Rediff.com4 May 2026

The Special Operations Group (SOG) has uncovered a major fraud in the Rajasthan Government Health Scheme, involving doctors and a lab operator allegedly causing financial losses worth crores to the state exchequer.

Punjab Minister Sent To Judicial Custody In Money Laundering Case

Punjab Minister Sent To Judicial Custody In Money Laundering Case

Rediff.com18 May 2026

Punjab minister Sanjeev Arora has been sent to judicial custody for two weeks in connection with an alleged Rs 100-crore money laundering case. The Enforcement Directorate produced Arora before the court after completing his extended remand. The minister's next court appearance is scheduled for June 1st.

Twisha Sharma's Family Seeks Justice, End To 'Character Trial'

Twisha Sharma's Family Seeks Justice, End To 'Character Trial'

Rediff.com19 May 2026

The family of Twisha Sharma, who was found dead in her marital home in Bhopal, has issued a public appeal for a transparent investigation into her death and an end to what they call a 'posthumous character trial'. They allege attempts to divert attention from the investigation by targeting her reputation.

Medical Tourism Revenues Grow Despite Conflicts

Medical Tourism Revenues Grow Despite Conflicts

Rediff.com26 May 2026

While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.

UP storm fury leaves 111 dead, 72 hurt; over 200 houses destroyed

UP storm fury leaves 111 dead, 72 hurt; over 200 houses destroyed

Rediff.com15 May 2026

At least 89 people have died in Uttar Pradesh after severe storms and heavy rain caused widespread damage, uprooting trees and electric poles and damaging homes. Chief Minister Yogi Adityanath has directed officials to provide immediate relief to affected families.

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.

Pakistan Hockey Federation Receives Government Funds for Key FIH Events

Pakistan Hockey Federation Receives Government Funds for Key FIH Events

Rediff.com10 Apr 2026

The Pakistan Hockey Federation (PHF) has confirmed that the government has released funds for the national team's participation in the FIH Nations League and the FIH World Cup. However, player Abdul Hannan Shahid has raised concerns about low daily allowances and lack of financial support for players.

Actress And Family Accused Of Cheating Software Engineer

Actress And Family Accused Of Cheating Software Engineer

Rediff.com27 Apr 2026

An actress and her family have been booked for allegedly cheating a London-based software engineer of Rs 9.35 crore under the pretext of marriage. The complaint was filed by the engineer's father, alleging that his son was duped over several years.

Key Associate Of Sukesh Chandrasekhar Arrested After Deportation

Key Associate Of Sukesh Chandrasekhar Arrested After Deportation

Rediff.com5 May 2026

Delhi Police Economic Offences Wing (EOW) arrested a key associate of Sukesh Chandrasekhar, Navas Kakkat Ismail, after he was deported from Dubai. He is accused of being a crucial financial conduit and hawala operator, helping Chandrasekhar route proceeds of crime.

Police Intensify Probe into Kanpur Kidney Transplant Racket, Issue Lookout Notices for Doctors

Police Intensify Probe into Kanpur Kidney Transplant Racket, Issue Lookout Notices for Doctors

Rediff.com1 Apr 2026

Police in Kanpur are intensifying their investigation into an illegal kidney transplant racket, issuing lookout notices for four doctors and expanding the probe to multiple cities.

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.

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.

Dowry Deaths: Why Justice Is Still Elusive For Indian Women

Dowry Deaths: Why Justice Is Still Elusive For Indian Women

Rediff.com24 May 2026

A look into the tragic deaths of three young women in India, allegedly due to dowry-related harassment, highlights the persistent social and legal challenges in addressing this issue.

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.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com20 May 2026

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

US shuts India-based call centre defrauding elderly Americans

US shuts India-based call centre defrauding elderly Americans

Rediff.com21 May 2026

US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.

Sri Lanka government takes over Cricket Board after resignations

Sri Lanka government takes over Cricket Board after resignations

Rediff.com29 Apr 2026

The Sri Lankan government has taken over the administration of the country's cricket board following the resignation of its president and executive committee amid allegations of financial irregularities and poor team performance.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com16 May 2026

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

Cybercriminals Use Fake Cricket Ticket Sites To Defraud Public

Cybercriminals Use Fake Cricket Ticket Sites To Defraud Public

Rediff.com14 May 2026

Police in Shimla warn the public about fraudulent websites designed to dupe people under the guise of cricket match ticket bookings. The Cyber Helpline Data Centre has received numerous complaints, highlighting the difficulty in distinguishing these fake sites from genuine ones.

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

Rediff.com13 May 2026

The Central Bureau of Investigation (CBI) has arrested Sanjit Chakraborty, a proclaimed offender allegedly involved in two chit fund scam cases in Tripura involving over Rs 7.75 crore. Chakraborty was arrested in Kolkata after being absconding since 2013.

Spying In football: Middlesbrough Want Southampton Banned From Playoff Final

Spying In football: Middlesbrough Want Southampton Banned From Playoff Final

Rediff.com16 May 2026

Middlesbrough are demanding that Southampton be kicked out of the Championship playoff final after accusing their rivals of secretly filming their training session before their playoff semi-final.

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).

Pakistan, Bangladesh challenge India-Australia-ECB

Pakistan, Bangladesh challenge India-Australia-ECB

Rediff.com10 May 2026

The Pakistan Cricket Board and Bangladesh Cricket Board have agreed to support each other at Asian and international cricket forums while seeking greater balance in the Future Tours Programme (FTP) for the 2028-31 cycle.

Spying scandal rocks English football as Southampton expelled from world's richest match

Spying scandal rocks English football as Southampton expelled from world's richest match

Rediff.com20 May 2026

Southampton have been expelled from the Championship play-offs after being found guilty of spying on opponents. Middlesbrough have been reinstated and will face Hull City in the final.

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Rediff.com6 May 2026

An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.