News for 'financial year'

Tamil Nadu Man Released After Suspicion In Meerut

Tamil Nadu Man Released After Suspicion In Meerut

Rediff.com2 Jun 2026

A 36-year-old man from Tamil Nadu was released by police in Meerut after an investigation found no evidence of criminal or anti-national activities. The man was initially detained after being found under suspicious circumstances.

'I call the shots': Trump says Netanyahu has 'no choice' but to accept Iran deal

'I call the shots': Trump says Netanyahu has 'no choice' but to accept Iran deal

Rediff.com8 Jun 2026

"We're very close. I would say an agreement would be signed on Monday, Tuesday or Wednesday of this coming week. And now this takes place," Trump told Fox News.

Delhi Gymkhana seeks alternate land amid takeover row

Delhi Gymkhana seeks alternate land amid takeover row

Rediff.com26 May 2026

Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Rediff.com18 Jun 2026

Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Indians' overseas travel spending dips to $1.09 billion in March amidst rupee depreciation concerns

Indians' overseas travel spending dips to $1.09 billion in March amidst rupee depreciation concerns

Rediff.com24 May 2026

Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

Gang that 'lured and sold' girls in Rajasthan for marriage busted with help of 150 CCTVs

Gang that 'lured and sold' girls in Rajasthan for marriage busted with help of 150 CCTVs

Rediff.com5 Jun 2026

Lucknow Police have dismantled an inter-state gang involved in luring minor girls under false pretences and 'selling' them for marriage in Rajasthan, leading to three arrests and the recovery of two victims.

Nashik Woman Kills Lover With Relative's Help

Nashik Woman Kills Lover With Relative's Help

Rediff.com27 May 2026

A 32-year-old married woman allegedly killed her 26-year-old lover in Nashik with the help of her relative following a financial dispute, police said.

AI 171 crash: Tatas paid Rs 1 cr ex-gratia, assigned caregiver to families

AI 171 crash: Tatas paid Rs 1 cr ex-gratia, assigned caregiver to families

Rediff.com12 Jun 2026

Families of 15 of the 260 victims of last year's Air India plane crash in Ahmedabad have declined to collect the personal belongings of their loved ones, while ex-gratia payments of Rs 1 crore have been disbursed to 91 per cent of the families of the deceased.

Dev Seeks Assurance On Ghatal Master Plan From West Bengal CM

Dev Seeks Assurance On Ghatal Master Plan From West Bengal CM

Rediff.com9 Jun 2026

Trinamool Congress MP Deepak Adhikari, also known as Dev, has urged West Bengal Chief Minister Suvendu Adhikari to expedite the long-pending Ghatal Master Plan, a crucial flood-management project for his constituency. Dev received assurances that the project, aimed at mitigating annual floods in the low-lying Ghatal area, would be taken forward, with hopes for budget allocation by the BJP government.

Indian Super League Players In Limbo Amid AIFF Uncertainty

Indian Super League Players In Limbo Amid AIFF Uncertainty

Rediff.com1 Jun 2026

Nearly 150 Indian Super League players, including national team members, face an uncertain future as their contracts expire amid ongoing disputes between the AIFF and clubs over the league's structure.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

Jarange ends fast after talks with govt delegation

Jarange ends fast after talks with govt delegation

Rediff.com31 May 2026

Maratha quota activist Manoj Jarange has ended his indefinite fast after talks with Maharashtra government representatives, who submitted a 12-point proposal to him.

Beed Hotelier Murdered After Dispute; Accused Called Victim's Son

Beed Hotelier Murdered After Dispute; Accused Called Victim's Son

Rediff.com22 May 2026

A hotel owner in Beed was allegedly murdered by two individuals following a financial dispute. The prime suspect reportedly informed the victim's son about the attack via telephone.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Vikram Bhatt: 'The Spirits Left Me To Rot In Jail Alone'

Vikram Bhatt: 'The Spirits Left Me To Rot In Jail Alone'

Rediff.com17 Jun 2026

'Horror keeps me safe. When I tried to do something else and abandoned the spirits, I landed up in prison.'

Sports Star Bilquis Mir Pursues Contempt Case Against J-K Sports Department

Sports Star Bilquis Mir Pursues Contempt Case Against J-K Sports Department

Rediff.com30 May 2026

International water sports star Bilquis Mir has filed a contempt case against the Jammu and Kashmir sports department for withholding her salary for over two-and-a-half years, despite a tribunal order to release it.

ED Arrests Gameskraft Founders In Money Laundering Probe

ED Arrests Gameskraft Founders In Money Laundering Probe

Rediff.com8 May 2026

The Enforcement Directorate (ED) has arrested three founders of online gaming platform, Gameskraft, in an alleged fraud-linked money laundering case. Deepak Singh, Prithvi Raj Singh and Vikas Taneja have been taken into custody under the Prevention of Money Laundering Act (PMLA).

Supreme Court Urges Strict Enforcement Of PCPNDT Act To Combat Sex Selection

Supreme Court Urges Strict Enforcement Of PCPNDT Act To Combat Sex Selection

Rediff.com11 Jun 2026

The Supreme Court has called for strict enforcement of the Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) Act to counter the deep-seated patriarchal preference for male children and prevalent sex-selection practices. The court highlighted declining child sex ratios and the continued need for efforts despite government welfare schemes, stressing that true equality is yet to be achieved. The observations were made while dismissing a doctor's appeal in a PCPNDT Act violation case.

L&T bets big on 'digital workers' to overcome manpower challenges in projects

L&T bets big on 'digital workers' to overcome manpower challenges in projects

Rediff.com9 Jun 2026

Larsen & Toubro (L&T) is significantly investing in automation, robotics, and technology-led solutions to scale up its construction activities, as increasing traditional manpower is no longer a viable growth option, according to CFO R Shankar Raman.

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.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

How Rajasthan Police Is Dismantling Organised Crime Networks

How Rajasthan Police Is Dismantling Organised Crime Networks

Rediff.com4 Jun 2026

Rajasthan Police has launched a significant crackdown on organised crime, initiating proceedings to attach illegally acquired assets worth over Rs 220 crore. The action targets 636 criminals, including drug traffickers, and involves asset seizures, demolition drives, and the use of new legal provisions to dismantle economic networks and return confiscated properties to victims.

Kerala Couple Found Dead Amid Financial Struggles: Police Investigate

Kerala Couple Found Dead Amid Financial Struggles: Police Investigate

Rediff.com9 Mar 2026

A couple was found dead in a rented house in Kottayam, Kerala, with police suspecting suicide due to financial difficulties. The couple's child was found unharmed at the scene.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

Maruti Launches RD-Backed Car Loan

Maruti Launches RD-Backed Car Loan

Rediff.com6 Jun 2026

The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.

Medical Tourism Revenues Grow Despite Conflicts

Medical Tourism Revenues Grow Despite Conflicts

Rediff.com26 May 2026

While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.

India's Outward FDI Jumps 27.5% to $7.06 Billion in March

India's Outward FDI Jumps 27.5% to $7.06 Billion in March

Rediff.com21 Apr 2026

India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.

Zee To Broadcast 2026 Football World Cup In India

Zee To Broadcast 2026 Football World Cup In India

Rediff.com1 Jun 2026

Zee Entertainment said on Monday it had secured the rights to broadcast the 2026 FIFA World Cup and 38 other FIFA events through 2034.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

Purav Raja Demands Accountability In Indian Tennis Administration

Purav Raja Demands Accountability In Indian Tennis Administration

Rediff.com28 May 2026

Former India doubles player Purav Raja has called for a complete clean-up of Indian tennis administration, emphasising the need for accountability and transparency at all levels. He also questioned the eligibility of some office-bearers in the 2024 elections.

How Gujarat Police Cracked Down On Cyber Fraud

How Gujarat Police Cracked Down On Cyber Fraud

Rediff.com1 Jun 2026

Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.

Man Arrested In Meerut For Murder Of Missing Teenager

Man Arrested In Meerut For Murder Of Missing Teenager

Rediff.com1 Jun 2026

Meerut police have solved the case of a missing 17-year-old girl, arresting a 42-year-old man who allegedly murdered her over a monetary dispute and disposed of her body in a drain.

Self-Styled Godman And Aide In Nashik Remanded To Custody

Self-Styled Godman And Aide In Nashik Remanded To Custody

Rediff.com18 May 2026

A self-styled godman, Ashok Kharat, and his aide, Namkarn Avare, have been remanded to 14-day judicial custody in Nashik following accusations of rape and alleged financial irregularities.

Rs 800 Crore Chitfund Scam: Masterminds Arrested In Mumbai

Rs 800 Crore Chitfund Scam: Masterminds Arrested In Mumbai

Rediff.com2 Jun 2026

The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, where over one lakh investors were reportedly defrauded.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.