News for 'financial support'

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Rediff.com18 Jun 2026

Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.

Cape Verde dream big after stunning World Cup start

Cape Verde dream big after stunning World Cup start

Rediff.com22 Jun 2026

Cape Verde, making their World Cup debut, have defied expectations by drawing with football giants Spain and Uruguay.

480 new entrants entered Indian automobile sector last year, mostly in EVs

480 new entrants entered Indian automobile sector last year, mostly in EVs

Rediff.com22 Jun 2026

India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

Smriti Irani Accuses TMC of Corruption, Promises Financial Aid for Women in West Bengal

Smriti Irani Accuses TMC of Corruption, Promises Financial Aid for Women in West Bengal

Rediff.com15 Apr 2026

Senior BJP leader Smriti Irani has criticised the TMC government in West Bengal, alleging corruption and failure to ensure women's safety. She promised a monthly cash support of Rs 3,000 for every woman if the BJP is voted to power.

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Rediff.com22 Jun 2026

Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.

Unheralded G Sindhushree Sets New Pole Vault National Record, Qualifies For Asian Games

Unheralded G Sindhushree Sets New Pole Vault National Record, Qualifies For Asian Games

Rediff.com4 days ago

Karnataka's G Sindhushree, an unheralded pole vaulter, achieved a new national record of 4.25m at the National Inter-State Senior Athletics Championships in Bhubaneswar. This performance not only secured her a gold medal but also a spot in the Asian Games. Overcoming personal hardships, Sindhushree dedicated her achievement to her late father. The event also saw other athletes like Animesh Kujur, Harshita Bhadra, Manpreet Kaur, Gowthami Jayaraman, Mohammed Afsal, and N Thowfeeq qualify for the Asian Games in various disciplines.

Why Young Couples Don't Want Kids

Why Young Couples Don't Want Kids

Rediff.com9 hours ago

More Indians are consciously choosing to remain child-free. From personal freedom and finances to climate anxiety and mental wellbeing, young couples and singles tell us why parenthood isn't part of their life plan.

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Rediff.com6 days ago

Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

UP govt forms SIT to probe Ram Temple donation controversy

UP govt forms SIT to probe Ram Temple donation controversy

Rediff.com13 Jun 2026

The Uttar Pradesh government has formed a three-member Special Investigation Team (SIT) to probe allegations of financial mismanagement and missing donations related to the Shri Ram Janmabhoomi Teerth Kshetra Trust in Ayodhya. The move follows a request from the Trust itself, amidst escalating political demands for transparency from various parties including the Samajwadi Party and Congress.

Mumbai Man Cheats Widow Of 7 Crore With False Loan Promise

Mumbai Man Cheats Widow Of 7 Crore With False Loan Promise

Rediff.com18 May 2026

A man in Mumbai has been booked for allegedly cheating a woman of 7 crore by making false promises of financial assistance and business loans after her husband's death. The accused, Bharat Singh alias Johnny, allegedly obtained the woman's GST login credentials and carried out fake transactions in her company's name.

Banking system liquidity in deficit after 3 months

Banking system liquidity in deficit after 3 months

Rediff.com6 days ago

India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com6 days ago

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

US eases sanctions, grants 60-day Iranian oil licence amid Swiss talks

US eases sanctions, grants 60-day Iranian oil licence amid Swiss talks

Rediff.com7 days ago

In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.

'I Hope to See Many More Singhs at World Cup': Sarpreet Inspires Next Gen

'I Hope to See Many More Singhs at World Cup': Sarpreet Inspires Next Gen

Rediff.com19 Jun 2026

New Zealand midfielder Sarpreet Singh, the first Sikh footballer to play at a FIFA World Cup, hopes his historic appearance will inspire more players of Indian and South Asian heritage to reach football's biggest stage.

India's long-term consumption story intact despite challenges: KKR

India's long-term consumption story intact despite challenges: KKR

Rediff.com11 Jun 2026

Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Rediff.com19 Jun 2026

The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.

NIA Takes Custody Of LeT Terrorists In Jammu And Kashmir

NIA Takes Custody Of LeT Terrorists In Jammu And Kashmir

Rediff.com27 Apr 2026

The National Investigation Agency (NIA) has taken over the case of an interstate Lashkar-e-Taiba (LeT) terror module and secured custody of five arrested terrorists, including two Pakistani nationals, for questioning.

Don't Blindly Trust Your Form 16

Don't Blindly Trust Your Form 16

Rediff.com19 Jun 2026

Salaried taxpayers should not use these forms blindly to file their income-tax returns.

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com1 days ago

Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.

India's defence output hits record 1.78 lakh crore in 2025-26

India's defence output hits record 1.78 lakh crore in 2025-26

Rediff.com17 Jun 2026

India's annual defence production has reached an all-time high of Rs 1.78 lakh crore in FY 2025-26, marking a significant 15.6 per cent growth over the previous fiscal year. This achievement reflects a 110 per cent increase since 2020-21 and highlights the country's expanding defence industrial base, driven by policy support and increased private sector participation.

C2i Semiconductors Achieves Milestone With AI Chip Design In India

C2i Semiconductors Achieves Milestone With AI Chip Design In India

Rediff.com28 May 2026

Semiconductor startup C2i Semiconductors announced it has taped out a smart power stage chip designed for artificial intelligence infrastructure, marking a significant milestone for India's ambitions in domestic semiconductor production.

Iran peace deal not final, will go back to war if...: Trump

Iran peace deal not final, will go back to war if...: Trump

Rediff.com17 Jun 2026

A US-Iran memorandum of understanding is set to be signed, outlining sanctions relief, the reopening of the Strait of Hormuz, and a 60-day negotiation window for Iran's uranium enrichment, but US President Donald Trump has underscored the deal's conditional nature, warning of military action if Tehran fails to comply.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com9 Jun 2026

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Keir Starmer resigns as British PM, Andy Burnham likely successor

Keir Starmer resigns as British PM, Andy Burnham likely successor

Rediff.com22 Jun 2026

British Prime Minister and Labour Party leader Keir Starmer has announced his resignation, stating he will remain in post until a successor is elected by mid-July. The decision follows questions from his parliamentary party regarding his leadership for the next general election, with Andy Burnham widely tipped as a potential successor.

US Payment Giant Zelle Expands To India

US Payment Giant Zelle Expands To India

Rediff.com12 Jun 2026

Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.

Check AIS Before Filing Tax Returns

Check AIS Before Filing Tax Returns

Rediff.com9 Jun 2026

'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'

Gurugram Police Demolish Illegal Structures Linked To Gangster

Gurugram Police Demolish Illegal Structures Linked To Gangster

Rediff.com21 Apr 2026

Gurugram Police demolished illegal encroachments on government land in Pataudi, allegedly constructed by associates of jailed gangster Kaushal Chaudhary, as part of an ongoing effort to dismantle criminal networks' financial support.

India's Grand Plan To Bring Formula One Back

India's Grand Plan To Bring Formula One Back

Rediff.com20 Jun 2026

The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.

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.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com7 days ago

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com4 days ago

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

9 Major Charges In Sebi's Rajesh Exports Order

9 Major Charges In Sebi's Rajesh Exports Order

Rediff.com4 Jun 2026

The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.

Ghaziabad Madrassas Sealed After Teen Murder Case

Ghaziabad Madrassas Sealed After Teen Murder Case

Rediff.com2 Jun 2026

Authorities in Ghaziabad intensified verification drives and sealed three unrecognised madrassas in the Khoda area following the murder of a 17-year-old boy. The incident has led to heightened security measures and political reactions.