News for 'financial management'

From Flood-Hit Home To Karate Gold: Assam Teen Janmoni's Inspirational Story

From Flood-Hit Home To Karate Gold: Assam Teen Janmoni's Inspirational Story

Rediff.com12 Aug 2026

Seventeen-year-old Janmoni Konwar from Assam won a gold medal at the National Karate Championship in Delhi, a remarkable achievement given her family lost their home and livelihood to devastating floods just weeks before the competition.

Vijay's 'gift' leaves MLA singing his praises in assembly

Vijay's 'gift' leaves MLA singing his praises in assembly

Rediff.com6 days ago

Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com7 days ago

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

'I will find a way to vanish': CBI chargesheet reveals Twisha's final messages

'I will find a way to vanish': CBI chargesheet reveals Twisha's final messages

Rediff.com6 days ago

The CBI has filed a chargesheet against the husband and mother-in-law of former model and actor Twisha Sharma, accusing them of mental cruelty that led to her suicide. The chargesheet relies heavily on text messages sent by Sharma, detailing her suffocation and distress, and awaits crucial forensic reports from her iPhone and other digital evidence.

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

Rediff.com28 Jul 2026

Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.

Is India Ready For Digital NEET?

Is India Ready For Digital NEET?

Rediff.com7 days ago

Computer-based testing can make the examination more secure and transparent. Ensuring equal opportunities to prepare will make it fair as well. India needs both, suggests Dibyasree Ganguly.

How China Shielded Itself From Oil Shock

How China Shielded Itself From Oil Shock

Rediff.com17 Aug 2026

China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.

RBI shuts FCNR(B) swap facility early as inflows hit $52.3 billion

RBI shuts FCNR(B) swap facility early as inflows hit $52.3 billion

Rediff.com17 Aug 2026

The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.

Pep Guardiola turns down Italy role as search for coach continues

Pep Guardiola turns down Italy role as search for coach continues

Rediff.com24 Jul 2026

Former Manchester City and Barcelona manager Pep Guardiola has turned down the opportunity to coach the Italy national team, a source familiar with the discussions said on Friday, confirming media reports.

Applying For US Student Visa? Avoid These 9 Mistakes

Applying For US Student Visa? Avoid These 9 Mistakes

Rediff.com17 Aug 2026

When you apply for a US visa, you need to be clear and honest about why you chose this course or country and what you plan to do with the qualification afterwards -- whether you will be returning home or building a career abroad, says Sonal Kapoor, global chief business officer, Prodigy Finance.

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com5 days ago

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com12 Aug 2026

The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

Rediff.com6 Aug 2026

All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

Rediff.com6 Aug 2026

All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.

Salah Says Goodbye to Liverpool, Hello Turkey

Salah Says Goodbye to Liverpool, Hello Turkey

Rediff.com5 Aug 2026

Mohamed Salah has arrived in Istanbul, greeted by hundreds of fans, ahead of his expected free transfer to Turkish Super Lig side Trabzonspor, marking a new chapter after nine successful years at Liverpool.

The Film That Cost My Family Its Home

The Film That Cost My Family Its Home

Rediff.com11 Aug 2026

My family produced a Malayalam movie in 1986. It had big actors in it. The songs were sung by K J Yesudas himself. The film starred two newcomers as the lead pair. It bombed.

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com13 Aug 2026

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

NEET paper leak row: NTA floats Rs 7.5cr tender for security

NEET paper leak row: NTA floats Rs 7.5cr tender for security

Rediff.com3 Aug 2026

In response to the NEET-UG 2026 paper leak controversy, the NTA has initiated a significant security upgrade, floating a Rs 7.5 crore tender for comprehensive, round-the-clock security services to protect its critical infrastructure and confidential examination materials.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Rediff.com11 Aug 2026

The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

Ram Temple donation case: SC to hear pleas on August 17

Ram Temple donation case: SC to hear pleas on August 17

Rediff.com10 Aug 2026

The Supreme Court will hear petitions on August 17 seeking a court-monitored SIT probe into alleged embezzlement of donations at the Ram temple in Ayodhya, after deferring the original hearing due to the Solicitor General's UN engagement.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case

Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case

Rediff.com1 Aug 2026

The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year, imposing a total penalty of Rs 1.48 crore, for the unauthorised pledge of ZEEL's Hyderabad land to secure loans for promoter-linked Essel Group entities.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com22 Jul 2026

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.

Zaheer Khan Acquires Jaffna Kings In Sri Lanka's T20 League

Zaheer Khan Acquires Jaffna Kings In Sri Lanka's T20 League

Rediff.com5 Aug 2026

Indian pace legend Zaheer Khan, through his co-owned Stockholm-based Anchor Sports AB, has acquired the Lanka Premier League (LPL) franchise Jaffna Kings, which will now be rebranded as Anchor Jaffna Kings.

IDBI employees' forum opposes stake sale to Fairfax, seeks review

IDBI employees' forum opposes stake sale to Fairfax, seeks review

Rediff.com20 Jul 2026

The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com13 Aug 2026

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

NPS Investors: Pick Fund Managers Wisely

NPS Investors: Pick Fund Managers Wisely

Rediff.com28 Apr 2026

Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.

Paytm Reassures RBI Action Has No Financial Impact

Paytm Reassures RBI Action Has No Financial Impact

Rediff.com25 Apr 2026

Paytm (One 97 Communications Ltd) has stated that the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company. The fintech firm clarified it has no material business arrangements or exposure with the banking entity, which operates independently.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com23 Jul 2026

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

Meet Prashant Kishor's Wife, Jahnavi Das

Meet Prashant Kishor's Wife, Jahnavi Das

Rediff.com4 Aug 2026

Prashant Kishor and Dr Jahnavi Das first met while working on a United Nations public health initiative.

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Rediff.com6 Aug 2026

Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.

15 dead as rains pound Kerala, 7 missing

15 dead as rains pound Kerala, 7 missing

Rediff.com3 Aug 2026

Kerala Chief Minister V D Satheesan announced that the death toll from rain-related incidents has reached 15, with seven people still missing. He confirmed that the overall situation is under control, except for a few areas in Pathanamthitta, as the state intensifies rescue and relief operations. The CM detailed the deployment of rescue teams, functioning relief camps, and immediate compensation measures for victims and affected families, while also cautioning against rumours regarding dam water release.