News for 'financial loss'

MACT Awards 64.75 Lakh to Family of Pune Businessman Killed in Road Accident

MACT Awards 64.75 Lakh to Family of Pune Businessman Killed in Road Accident

Rediff.com30 Mar 2026

The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 64.75 lakh to the family of a Pune-based businessman who died in a road accident in 2022.

Rahul Gandhi Accuses BJP and TMC of Failing West Bengal

Rahul Gandhi Accuses BJP and TMC of Failing West Bengal

Rediff.com14 Apr 2026

Congress leader Rahul Gandhi criticised the BJP and RSS for undermining the Constitution and accused the TMC of failing to provide jobs in West Bengal during recent rallies.

'Influence Of The US Is Diminishing'

'Influence Of The US Is Diminishing'

Rediff.com28 Apr 2026

'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Rediff.com27 Mar 2026

The Indian government has reduced excise duty on petrol and diesel to mitigate the impact of rising global crude prices, triggered by geopolitical tensions in the Middle East. This move aims to provide relief to consumers and oil companies amidst volatile international oil markets.

Kerala CM Accuses Congress of Being BJP's 'B-Team'

Kerala CM Accuses Congress of Being BJP's 'B-Team'

Rediff.com21 Mar 2026

Kerala Chief Minister Pinarayi Vijayan has accused the Congress party and Rahul Gandhi of acting as the 'B-team' of the BJP, alleging appeasement politics and seeking support from communal groups.

T20 World Cup: 'If Pakistan cricket can survive without playing India, they can sustain'

T20 World Cup: 'If Pakistan cricket can survive without playing India, they can sustain'

Rediff.com2 Feb 2026

Pakistan have somehow survived the financial loss of not being able to play India bilaterally for two decades now, said former ICC Head of Communications Sami-ul-Hasan Burney.

Delhi HC Denies Christian Michel's Release in AgustaWestland Chopper Scam

Delhi HC Denies Christian Michel's Release in AgustaWestland Chopper Scam

Rediff.com8 Apr 2026

The Delhi High Court has dismissed a petition by Christian Michel James, an alleged middleman in the AgustaWestland VVIP chopper scam, seeking his release from jail. The court found no merit in his challenge to the India-UAE extradition treaty and a trial court order.

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Rediff.com30 Mar 2026

The Enforcement Directorate (ED) has attached land parcels and other immovable assets worth over 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of Lodha Developers.

Couple Accused of Racial Slurs Granted Bail: Details Revealed

Couple Accused of Racial Slurs Granted Bail: Details Revealed

Rediff.com13 Apr 2026

A Delhi court has granted regular bail to a couple accused of hurling racial slurs at their neighbours from Arunachal Pradesh and Manipur. The couple had previously been granted interim bail and complied with the conditions set by the court.

Bikaner's Bhujia, Papad Exports Hit by West Asia Conflict

Bikaner's Bhujia, Papad Exports Hit by West Asia Conflict

Rediff.com4 Apr 2026

The ongoing conflict in West Asia is severely disrupting Bikaner's food exports, causing delays, rising costs, and impacting the supply of popular snacks like bhujia and papad to Gulf and European markets.

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Rediff.com8 Oct 2025

Payment apps PhonePe and Paytm have helped citizens avert potential financial frauds worth Rs 200 crore by using the fraud risk indicator platform developed by the Department of Telecom, a senior Walmart group official said on Wednesday.

Rohit-Kohli magic falls short as CA posts $7M loss

Rohit-Kohli magic falls short as CA posts $7M loss

Rediff.com30 Oct 2025

Cricket Australia (CA) announced a net deficit of A$11.3 million ($7.34 million) for the 2024-25 financial year on Thursday, with a steep increase in costs offsetting a jump in revenue from hosting the Border-Gavaskar series against powerhouse India.

Rinku Singh Hails Uttar Pradesh Government For Sports Officer Role

Rinku Singh Hails Uttar Pradesh Government For Sports Officer Role

Rediff.com26 Mar 2026

India cricketer Rinku Singh has been appointed as a Regional Sports Officer by the Uttar Pradesh government under the sports quota.

Couple Granted Bail After Alleged Racial Abuse of Neighbours

Couple Granted Bail After Alleged Racial Abuse of Neighbours

Rediff.com13 Apr 2026

A Delhi court has granted regular bail to a married couple accused of hurling racial slurs at their neighbours from Arunachal Pradesh and Manipur. The court's decision came after the couple complied with interim bail conditions, including relocating from their residence and apologising to the victims.

Abhimanyou Mandwal Sets Sights On 2028 Olympics

Abhimanyou Mandwal Sets Sights On 2028 Olympics

Rediff.com18 Apr 2026

Indian wrestler Abhimanyou Mandwal discusses his mental strength, recent successes, and ambitions for the 2028 Los Angeles Olympics, including a shift to the 74kg category.

Mizoram weightlifter overcomes tragedy to win gold at Khelo India Tribal Games

Mizoram weightlifter overcomes tragedy to win gold at Khelo India Tribal Games

Rediff.com29 Mar 2026

Mizoram's Isak Malsawmtluanga overcame the loss of his parents and a back injury to win a gold medal in weightlifting at the Khelo India Tribal Games, showcasing resilience and determination.

Ghaziabad Man's Death Investigated After Mother Found Dead

Ghaziabad Man's Death Investigated After Mother Found Dead

Rediff.com20 Mar 2026

A 42-year-old man in Ghaziabad allegedly died by suicide after jumping from a building, while his elderly mother was found dead in their flat. Police are investigating the circumstances surrounding both deaths.

T20 World Cup: Sri Lanka urges Pakistan to rethink India match boycott

T20 World Cup: Sri Lanka urges Pakistan to rethink India match boycott

Rediff.com6 Feb 2026

Citing heavy losses all around, SLC urges PCB to reconsider boycott of Indo-Pak fixture

Rahul Gandhi Alleges Kerala CM Vijayan is 'Afraid' of Modi

Rahul Gandhi Alleges Kerala CM Vijayan is 'Afraid' of Modi

Rediff.com4 Apr 2026

Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of being 'afraid' of Prime Minister Narendra Modi, alleging corruption and a compromise of governance to protect his children.

Indian Families Devastated as Sons Killed in Russia-Ukraine War After Alleged Deception

Indian Families Devastated as Sons Killed in Russia-Ukraine War After Alleged Deception

Rediff.com15 Apr 2026

Several Indian families are in mourning after their sons, who travelled to Russia on study visas, were allegedly deceived into joining the Russian army and subsequently killed in the Russia-Ukraine conflict. The families are demanding answers and seeking assistance to bring their sons' bodies home.

Nepal-bound flight returns to Bengaluru again, passengers protest

Nepal-bound flight returns to Bengaluru again, passengers protest

Rediff.com28 Feb 2026

Passengers traveling from Bengaluru to Kathmandu faced significant disruptions and protested at Kempegowda International Airport after their flight failed to land in Kathmandu on two consecutive days, leading to frustration and accusations of mismanagement by the airline.

Crude at $130 could unsettle growth outlook: S&P Global

Crude at $130 could unsettle growth outlook: S&P Global

Rediff.com15 Apr 2026

S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.

Sebi Alerts Investors to Fake STT Payment Demands

Sebi Alerts Investors to Fake STT Payment Demands

Rediff.com26 Feb 2026

Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.

Leakage Or Seepage? Know Your Rights

Leakage Or Seepage? Know Your Rights

Rediff.com23 Mar 2026

Buyers should understand the distinction between the losses the policy covers, those that need add-ons, and those it excludes.

Karnataka Forest Official Under Investigation for Alleged Bribery

Karnataka Forest Official Under Investigation for Alleged Bribery

Rediff.com2 Apr 2026

A forest official in Karnataka is under investigation after a video surfaced allegedly showing him demanding a bribe from a farmer who suffered crop damage due to a wild elephant attack.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Four Sentenced in Bank of India Forged Letter of Credit Case

Four Sentenced in Bank of India Forged Letter of Credit Case

Rediff.com18 Mar 2026

A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.

Tata Steel to gain from India growth, lower global costs

Tata Steel to gain from India growth, lower global costs

Rediff.com28 Mar 2026

Tata Steel is strategically positioned for growth, leveraging India's robust steel demand, significant cost transformation programmes, and favourable protectionist policies in the EU and UK. The company is expanding its India capacity and optimising operations in its European units to enhance profitability and reduce debt.

Why 85% of investors fail to reach the Magic Number despite a plan?

Why 85% of investors fail to reach the "Magic Number" despite a plan?

Rediff.com18 Mar 2026

The majority of investors fail to reach their financial goals, even if they started with a well-defined financial strategy. This isn't just about market volatility; it's a complex interaction of factors that include human psychology, inconsistent habits and lack of proper monitoring.

IPL 2026 Week 2 Review: Sooryavanshi, Mukul Dazzle

IPL 2026 Week 2 Review: Sooryavanshi, Mukul Dazzle

Rediff.com15 Apr 2026

A recap of the action of the second week of IPL 2026.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Why 85% of investors fail to reach the Magic Number despite a plan?

Why 85% of investors fail to reach the "Magic Number" despite a plan?

Rediff.com18 Mar 2026

The majority of investors fail to reach their financial goals, even if they started with a well-defined financial strategy. This isn't just about market volatility; it's a complex interaction of factors that include human psychology, inconsistent habits and lack of proper monitoring.

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Rediff.com23 Mar 2026

Brokerage firm Jefferies maintains a 'Buy' rating for Paytm, citing its dominant merchant payments platform and projected revenue growth.

Delhi Police Nab Two in Online Investment Fraud Case Involving 21 Lakh

Delhi Police Nab Two in Online Investment Fraud Case Involving 21 Lakh

Rediff.com23 Mar 2026

Delhi Police have arrested two individuals from Rajasthan for allegedly defrauding a Delhi resident of over 21 lakh through a high-return online investment scam. The accused lured the victim with promises of lucrative returns and prepaid tasks.

MF launches taper off in March in the midst of West Asia flare-up

MF launches taper off in March in the midst of West Asia flare-up

Rediff.com2 Apr 2026

Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Rediff.com27 Mar 2026

The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.

Wild Animal Attacks in Odisha: Over 500 Fatalities in Three Years

Wild Animal Attacks in Odisha: Over 500 Fatalities in Three Years

Rediff.com31 Mar 2026

Over the past three years, Odisha has witnessed a surge in human-animal conflict, resulting in hundreds of fatalities and thousands of injuries due to attacks by wild animals, including elephants. The state government is grappling with the increasing crisis, with specific forest divisions reporting higher numbers of deaths and injuries.

Haryana Congress MLAs to Visit 'Mandis' Amid Farmer Procurement Concerns

Haryana Congress MLAs to Visit 'Mandis' Amid Farmer Procurement Concerns

Rediff.com30 Mar 2026

Haryana Congress MLAs will visit 'mandis' to assess and support farmers facing difficulties in wheat and mustard procurement, following a decision made at a Congress Legislature Party (CLP) meeting in Delhi.