News for 'financial systems'

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Rediff.com8 Apr 2026

By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.

How Punjab Police is Using AI to Combat Gang Violence

How Punjab Police is Using AI to Combat Gang Violence

Rediff.com10 Mar 2026

Punjab Police is using intelligence-led policing and digital tools, including AI-powered voice recognition, to combat organised crime and dismantle gangster networks operating across states and continents.

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

Rediff.com10 Jan 2026

The relation between a regulator and its regulated entities is collaborative and not adversarial with the common objective of maintaining the stability and credibility of the financial system. However, the action on regulated entities like penalties and business restrictions are the last resort, Reserve Bank of India (RBI)'s governor Sanjay Malhotra said on Friday.

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com26 Mar 2026

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Rediff.com3 Apr 2026

Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).

Women officers denied permanent commission to get pension: SC

Women officers denied permanent commission to get pension: SC

Rediff.com25 Mar 2026

The Supreme Court has ruled that women Short Service Commission officers in the Army, Navy, and Air Force, who were unfairly denied Permanent Commission, are entitled to full pensionary benefits.

Home Ministry Explains Use of Open-Source Intelligence for Security

Home Ministry Explains Use of Open-Source Intelligence for Security

Rediff.com31 Mar 2026

The Home Ministry has informed a parliamentary committee that security agencies utilise open-source intelligence, including social media, for information gathering, ensuring no privacy breach as personal data is not collected.

Maharashtra Opposition Alleges Deteriorating Law and Order, Farmer Neglect

Maharashtra Opposition Alleges Deteriorating Law and Order, Farmer Neglect

Rediff.com24 Mar 2026

The Congress Legislature Party leader in Maharashtra raises concerns about law and order due to missing girls and the impact of unseasonal rains on farmers, criticising the government's response.

Big Tech in financial system poses concentration risk: Shaktikanta Das

Big Tech in financial system poses concentration risk: Shaktikanta Das

Rediff.com21 Sep 2022

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.

'Not the ending I planned': Oracle's mass layoffs spark online angst

'Not the ending I planned': Oracle's mass layoffs spark online angst

Rediff.com1 Apr 2026

Oracle Corporation has reportedly laid off thousands of employees globally, including a significant number in India, with affected individuals receiving early morning termination emails and immediate laptop lockouts, despite the company posting record quarterly revenues of $17.2 billion.

Compensation: What Digital Fraud Victims Must Know

Compensation: What Digital Fraud Victims Must Know

Rediff.com23 Mar 2026

Customers will qualify for compensation even if they mistakenly share the OTP.

Canada PM cautions against weaponising tariffs at Davos

Canada PM cautions against weaponising tariffs at Davos

Rediff.com21 Jan 2026

Canadian Prime Minister Mark Carney on Tuesday warned that the world is witnessing a fundamental 'rupture' in the global order rather than a gradual transition, cautioning against weaponising trade, finance, and supply chains.

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.

Why taxis, autos, trucks in Maha are going off roads

Why taxis, autos, trucks in Maha are going off roads

Rediff.com5 Mar 2026

Transporters across Maharashtra have announced a statewide strike to protest against e-challans and other issues, potentially disrupting transport services including school buses and commercial vehicles.

VP Radhakrishnan to Attend IIM Ranchi Convocation, Launch VR Case Repository

VP Radhakrishnan to Attend IIM Ranchi Convocation, Launch VR Case Repository

Rediff.com25 Mar 2026

Vice President C P Radhakrishnan will attend the 15th convocation of IIM Ranchi, where he will award medals to outstanding students and launch a virtual reality case repository.

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

Rediff.com9 Apr 2026

The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

'For region to be secure....': Iran urges American exit from West Asia

'For region to be secure....': Iran urges American exit from West Asia

Rediff.com15 Mar 2026

On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.

Kolkata Police Uncovers SIM Box Scam Impersonating Law Enforcement

Kolkata Police Uncovers SIM Box Scam Impersonating Law Enforcement

Rediff.com18 Mar 2026

Kolkata Police have dismantled a cyber fraud network operating illegal 'SIM box devices' to impersonate law enforcement officials, leading to the arrest of two individuals and the recovery of crucial equipment.

'No Governance Issue In HDFC Bank'

'No Governance Issue In HDFC Bank'

Rediff.com20 Mar 2026

'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'

New Income-Tax Act 2025: What Changes From April 1?

New Income-Tax Act 2025: What Changes From April 1?

Rediff.com31 Mar 2026

A key mistake would be continuing to rely on provisions of the Income-Tax Act, 1961, where the new law now applies, and vice versa.

Former AIFF General Secretary Kushal Das Passes Away at 66

Former AIFF General Secretary Kushal Das Passes Away at 66

Rediff.com13 Mar 2026

Kushal Das, former AIFF general secretary, passed away at 66. He played a key role in developing Indian football, including organising the 2017 FIFA U-17 World Cup.

Infosys partners with Anthropic for AI solutions

Infosys partners with Anthropic for AI solutions

Rediff.com17 Feb 2026

Infosys on Tuesday announced a strategic collaboration with American artificial intelligence company Anthropic to develop and deploy advanced enterprise AI solutions for companies across telecommunications, financial services, manufacturing, and software development.

What Happens When Trump's Deadline Expires?

What Happens When Trump's Deadline Expires?

Rediff.com7 Apr 2026

Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.

Former AIFF General Secretary Kushal Das Passes Away

Former AIFF General Secretary Kushal Das Passes Away

Rediff.com13 Mar 2026

Kushal Das played a pivotal role in organising the 2017 FIFA Under-17 World Cup in India.

Trump signals winding down Iran ops as US sends more troops

Trump signals winding down Iran ops as US sends more troops

Rediff.com21 Mar 2026

In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.

India Braces for Record Power Demand, Risks Galore

India Braces for Record Power Demand, Risks Galore

Rediff.com4 Apr 2026

India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.

Tamil Nadu polls: AIADMK promises free fridge to voters

Tamil Nadu polls: AIADMK promises free fridge to voters

Rediff.com25 Mar 2026

AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.

Pentagon Purge Rocks Iran War

Pentagon Purge Rocks Iran War

Rediff.com3 Apr 2026

The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.

Bihar Police Arrest 141 in Cyber Fraud Mule Account Crackdown

Bihar Police Arrest 141 in Cyber Fraud Mule Account Crackdown

Rediff.com11 Mar 2026

Bihar Police arrested 141 people in a state-wide crackdown on mule bank account networks allegedly used for cyber fraud. The operation, 'Cyber Prahar 2.0', led to the registration of 86 FIRs and uncovered collusion by bank employees.

IMF calls for reform in China's financial system

IMF calls for reform in China's financial system

Rediff.com15 Nov 2011

China's banks and financial sector are healthy, but there are vulnerabilities that should be addressed by the authorities.

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

Rediff.com12 Mar 2026

The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.

Rahul Gandhi Alleges LDF-BJP Collusion, Highlights Corruption and Drug Issues in Kerala

Rahul Gandhi Alleges LDF-BJP Collusion, Highlights Corruption and Drug Issues in Kerala

Rediff.com25 Mar 2026

Rahul Gandhi intensified the Congress campaign in Kerala, alleging collusion between the LDF and BJP, citing corruption cases and the drug issue in the state. He also criticised the LDF government's handling of the Sabarimala gold loss and unemployment.

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

Rediff.com7 Mar 2026

Senior BJP leader Suvendu Adhikari has accused the West Bengal government of deliberately withholding central allocations for social welfare projects, including Ayushman Bharat and PM Awas Yojana, impacting millions of citizens. He also criticised the state's handling of farmer support and public distribution systems.

Badal Accuses AAP of Deteriorating Punjab Law and Order

Badal Accuses AAP of Deteriorating Punjab Law and Order

Rediff.com9 Mar 2026

Shiromani Akali Dal (SAD) president Sukhbir Singh Badal has criticised the Aam Aadmi Party (AAP) government in Punjab, alleging a decline in law and order and accusing them of using financial schemes to sway voters ahead of elections.

Can Women Over 40 Have A Normal Delivery?

Can Women Over 40 Have A Normal Delivery?

Rediff.com12 Mar 2026

While fertility does decline with age, many women have successfully delivered babies after the age of 40, notes Dr Rohan Palshetkar, consultant IVF specialist at Bloom IVF and Palshetkar Patil Nursing Home.

Three T20 World Cup titles, total domination: India's T20 dynasty begins

Three T20 World Cup titles, total domination: India's T20 dynasty begins

Rediff.com9 Mar 2026

India's recent T20 World Cup victory signals a new era of dominance in the format, driven by strategic gameplay, exceptional talent, and the financial power of the BCCI, while other teams struggle to compete.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

Why RBI thinks India's financial system is strong

Why RBI thinks India's financial system is strong

Rediff.com27 Apr 2012

RBI Deputy Governor K C Chakrabarty said the central bank will come out in June with its next financial stability report, which showcases the country's financial strength, and

Maoist Surrenders Signal Insurgency's Endgame

Maoist Surrenders Signal Insurgency's Endgame

Rediff.com31 Mar 2026

As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.