News for 'financial services'

Swift Launches New System for Faster, Cheaper International Payments

Swift Launches New System for Faster, Cheaper International Payments

Rediff.com7 days ago

Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

Non-metro push by qcom, ecom players may lift gig hirings

Non-metro push by qcom, ecom players may lift gig hirings

Rediff.com9 Feb 2026

Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com1 days ago

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com5 Mar 2026

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

Petrol Prices Stay Put For Now

Petrol Prices Stay Put For Now

Rediff.com3 days ago

If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.

Guess Which State's Sweepers Earn Rs 2 Lakh Salary?

Guess Which State's Sweepers Earn Rs 2 Lakh Salary?

Rediff.com26 Feb 2026

The Telangana government's salary structure reveals surprising figures, with senior sweepers earning up to 2 lakh and chief engineers drawing 7 lakh monthly.

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Kanpur Police Unearth Rs 250 Crore GST Fraud

Kanpur Police Unearth Rs 250 Crore GST Fraud

Rediff.com3 Mar 2026

Kanpur police have uncovered a GST fraud racket where suspects used unsuspecting individuals' documents to create fake firms and route transactions worth nearly Rs 250 crore.

US Tariff Uncertainty Pauses Trade Talks

US Tariff Uncertainty Pauses Trade Talks

Rediff.com23 Feb 2026

'The contours of the trade deal need to be reworked now.'

Fino Payments Bank MD Arrested for GST Violation

Fino Payments Bank MD Arrested for GST Violation

Rediff.com27 Feb 2026

Fino Payments Bank's MD and CEO, Rishi Gupta, has been arrested for violating Goods and Services Tax laws, prompting the appointment of Ketan Merchant as the interim head.

RBI-Esma MoU set to end CCIL impasse

RBI-Esma MoU set to end CCIL impasse

Rediff.com28 Jan 2026

The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).

What Caused Nifty IT's 6% Fall On Thu?

What Caused Nifty IT's 6% Fall On Thu?

Rediff.com13 Feb 2026

The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

Russia shared intelligence with Iran on US assets: Report

Russia shared intelligence with Iran on US assets: Report

Rediff.com6 days ago

Russia has shared intelligence with Iran that could help Tehran target American warships, aircraft and other military assets in the region, according to United States intelligence assessments cited by media reports, marking the first indication of Moscow's possible involvement in the ongoing conflict. Officials familiar with US intelligence findings said a significant portion of the shared information reportedly includes imagery from Russia's network of surveillance satellites.

Why is only holding stocks in your portfolio a very old strategy?

Why is only holding stocks in your portfolio a very old strategy?

Rediff.com26 Feb 2026

We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.

How Sleep, Screen Time Affect Your Sex Life

How Sleep, Screen Time Affect Your Sex Life

Rediff.com1 days ago

Burnout reduces pleasure, curiosity, and the ability to feel desire, even in healthy relationships.

9 Most Difficult Exams Across The Globe

9 Most Difficult Exams Across The Globe

Rediff.com20 Feb 2026

Success percentage rates of some of these toughest exams in the world is in single digits

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

India gets 30-day US waiver to buy Russian oil amid Iran war

India gets 30-day US waiver to buy Russian oil amid Iran war

Rediff.com7 days ago

Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.

Double-Decker Buses Set To Boost Delhi Tourism

Double-Decker Buses Set To Boost Delhi Tourism

Rediff.com2 Mar 2026

The 63-seater open-top bus, manufactured by Ashok Leyland's arm Switch Mobility, was gifted to the city's tourism department as a corporate social responsibility initiative.

2025: Women, Freshers Dominate Hiring Momentum

2025: Women, Freshers Dominate Hiring Momentum

Rediff.com23 Dec 2025

Hiring was strongest in education and training, healthcare services, retail, financial services and wellness.

One Snapshot To Track Your Savings, Investments

One Snapshot To Track Your Savings, Investments

Rediff.com30 Jan 2026

Sebi is working with other regulators to expand the CAS framework.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

Court Denies Bail to IPS Officer's Husband in Rs 24 Crore Cheating Case

Court Denies Bail to IPS Officer's Husband in Rs 24 Crore Cheating Case

Rediff.com4 Mar 2026

A Mumbai court has denied bail to Purushottam Chavan, husband of IPS officer Rashmi Karandikar, in a Rs 24 crore cheating case, citing substantial evidence of his involvement in the crime.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

Budget 2026 stays committed to long-term growth drivers

Budget 2026 stays committed to long-term growth drivers

Rediff.com11 Feb 2026

Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.

T20 World Cup, India vs Netherlands: 'Bigger Than FIFA World Cup': Dutch Excited For India Clash

T20 World Cup, India vs Netherlands: 'Bigger Than FIFA World Cup': Dutch Excited For India Clash

Rediff.com17 Feb 2026

The Netherlands cricket team is excited to play against India in their final T20 World Cup league fixture at the world's largest cricket stadium in Ahmedabad.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

'Viksit Bharat cannot truly become a reality unless...'

'Viksit Bharat cannot truly become a reality unless...'

Rediff.com12 Feb 2026

'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'

AIFF Opens Bidding for Club Competition Commercial Rights

AIFF Opens Bidding for Club Competition Commercial Rights

Rediff.com2 Mar 2026

The All India Football Federation (AIFF) has invited bids for the commercial rights of men's and women's club competitions, offering two packages for a minimum of 15 years starting from the 2026-2027 season.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

SC Orders CBI, SITs to Provide Charge Sheets to Manipur Violence Victims

SC Orders CBI, SITs to Provide Charge Sheets to Manipur Violence Victims

Rediff.com26 Feb 2026

The Supreme Court has directed the CBI and Manipur SITs to provide charge sheets in the 2023 Manipur ethnic violence cases to the victims and their families, ensuring legal aid and covering travel expenses for court appearances in Guwahati.

SC Orders CBI, SITs to Provide Charge Sheets to Manipur Violence Victims

SC Orders CBI, SITs to Provide Charge Sheets to Manipur Violence Victims

Rediff.com26 Feb 2026

The Supreme Court has directed the CBI and Manipur SITs to provide charge sheets in the 2023 Manipur ethnic violence cases to the victims and their families, ensuring legal aid and covering travel expenses for court appearances in Guwahati.

Sensex gains 480 points as investors cheer US SC tariff verdict

Sensex gains 480 points as investors cheer US SC tariff verdict

Rediff.com23 Feb 2026

Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.

Anthropic Study: AI Impact on Hiring of Younger Workers

Anthropic Study: AI Impact on Hiring of Younger Workers

Rediff.com6 days ago

A new study by AI firm Anthropic reveals that while AI hasn't caused widespread unemployment, it has slowed hiring for younger workers in AI-exposed roles. The study also highlights the gap between AI's theoretical capabilities and actual deployment, and the ongoing conflict between Anthropic and the US government over AI weaponisation.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com6 days ago

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com2 Mar 2026

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

Sensex closed 283 points higher on buying in bank, metal shares

Sensex closed 283 points higher on buying in bank, metal shares

Rediff.com18 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.

'Who will work then?': SC slams freebies culture

'Who will work then?': SC slams freebies culture

Rediff.com19 Feb 2026

The court made the remarks while reviewing a petition from Tamil Nadu Power Distribution Corporation Ltd. regarding free electricity distribution policies.