News for 'financial year'

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Rediff.com24 Apr 2026

Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.

Mahesh Joshi Arrested In Jal Jeevan Mission Scam: All You Need To Know

Mahesh Joshi Arrested In Jal Jeevan Mission Scam: All You Need To Know

Rediff.com7 May 2026

Former Rajasthan minister Mahesh Joshi has been arrested in connection with the alleged Rs 960-crore Jal Jeevan Mission scam. The arrest follows that of a retired IAS officer and involves accusations of misuse of power and bribery.

Direct Mutual Funds Outpaced Regular Schemes In FY26

Direct Mutual Funds Outpaced Regular Schemes In FY26

Rediff.com17 Apr 2026

Direct plans of mutual fund schemes added nearly 21 million individual investor folios in FY26 (as of February), surpassing regular plans' 15 million net additions, marking only the second time direct plans have outpaced regular plans in annual folio growth, despite turbulent equity markets.

DRI Seizes Rs 70 Crore Worth of Drugs in Kerala

DRI Seizes Rs 70 Crore Worth of Drugs in Kerala

Rediff.com3 Mar 2026

The Directorate of Revenue Intelligence (DRI) has seized approximately Rs 70 crore worth of drugs in Kerala this financial year, leading to 21 arrests. The latest seizure involved nearly two kg of crystal methamphetamine at Kozhikode International Airport.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Rediff.com21 Apr 2026

FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Want A Credit Card? Read This

Want A Credit Card? Read This

Rediff.com6 May 2026

'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'

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.

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

Equity MF inflows cool as investors shift to safer bets in FY26

Equity MF inflows cool as investors shift to safer bets in FY26

Rediff.com9 Apr 2026

Net inflows into equity mutual fund schemes moderated in FY26, falling by 27 per cent to about 3 trillion till February, as choppy markets and global uncertainties prompted investors to shift towards safer options like hybrid funds and gold ETFs.

Smart Money Moves: From Home Loans To SIPs

Smart Money Moves: From Home Loans To SIPs

Rediff.com10 Apr 2026

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Delhi Community Mourns Father And Son Killed In Stabbing

Delhi Community Mourns Father And Son Killed In Stabbing

Rediff.com18 Apr 2026

A 62-year-old man and his 27-year-old son were fatally stabbed in their Delhi apartment, leaving the community in shock. Police have arrested a suspect, and a financial dispute is suspected as the motive.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Rediff.com1 Apr 2026

Passenger vehicle sales in India reached a record high of 4.7 million units in FY26, boosted by strong performances from major automakers and the implementation of GST 2.0.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com12 May 2026

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

Tragedy In Jharkhand: Woman And Daughters Drown

Tragedy In Jharkhand: Woman And Daughters Drown

Rediff.com19 Apr 2026

A woman and her two daughters drowned in a pond in Jharkhand's Chatra district while washing clothes, after the younger daughter slipped into deep water and the mother and elder daughter attempted a rescue.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com22 Apr 2026

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

Mumbai Student Arrested for Alleged Drug Supply at Goregaon Music Concert

Mumbai Student Arrested for Alleged Drug Supply at Goregaon Music Concert

Rediff.com16 Apr 2026

A 22-year-old student has been arrested in Mumbai for allegedly supplying drugs at a music concert in Goregaon, following the deaths of two people from suspected drug overdoses.

RBI To Enhance Security For Prepaid Payment Instruments

RBI To Enhance Security For Prepaid Payment Instruments

Rediff.com22 Apr 2026

The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

Rediff.com17 Apr 2026

HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Why Akhilesh Yadav Accuses BJP Of Injustice In Ghazipur Case

Why Akhilesh Yadav Accuses BJP Of Injustice In Ghazipur Case

Rediff.com27 Apr 2026

Samajwadi Party president Akhilesh Yadav has accused the BJP government of mistreating his party workers in Ghazipur, following allegations of sexual assault and murder of a 17-year-old girl. Yadav also criticised the police investigation and announced financial assistance to the victim's family.

Delhi Police Crackdown: Assets of Notorious Criminal Frozen

Delhi Police Crackdown: Assets of Notorious Criminal Frozen

Rediff.com15 Apr 2026

Delhi Police have frozen assets worth approximately Rs 5 crore belonging to a notorious criminal involved in organised crime, including illegal gambling, in northwest Delhi.

Hyderabad Duo Arrested in Connection with Belagavi 'Digital Arrest' Scam

Hyderabad Duo Arrested in Connection with Belagavi 'Digital Arrest' Scam

Rediff.com11 Apr 2026

Two individuals from Hyderabad have been arrested in connection with a 'digital arrest' scam in Belagavi, where an 81-year-old businessman was defrauded of over Rs 15 crore.

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Rediff.com26 Apr 2026

A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

Rediff.com27 Mar 2026

India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.

BJP shares Kejriwal's 'Sheesh Mahal 2' pics; 'fake', says AAP

BJP shares Kejriwal's 'Sheesh Mahal 2' pics; 'fake', says AAP

Rediff.com25 Apr 2026

The BJP has launched accusations against Arvind Kejriwal, alleging lavish spending and corruption related to his new bungalow in Delhi's Lodhi Estate, sparking a political row.

Samajwadi Party Delegation Visits Family Of Deceased Teen In Ghazipur

Samajwadi Party Delegation Visits Family Of Deceased Teen In Ghazipur

Rediff.com28 Apr 2026

A Samajwadi Party delegation visited the family of a 17-year-old girl found dead in the Ganga River in Ghazipur, offering condolences and financial support amid allegations of sexual assault and murder.

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

Rediff.com16 Apr 2026

Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.

DP World PGTI Appoints Rachana Bahadur As Advisor

DP World PGTI Appoints Rachana Bahadur As Advisor

Rediff.com18 Apr 2026

The DP World Professional Golf Tour of India has appointed Rachana Bahadur, Senior Vice President and Country Head " India at Synchrony Financial, as an advisor to the organisation.

Imran Khan Appeals For Release Due To Health Issues

Imran Khan Appeals For Release Due To Health Issues

Rediff.com30 Apr 2026

Former Pakistan prime minister Imran Khan has appealed to the Islamabad High Court for release on humanitarian grounds, citing deteriorating health and prolonged solitary confinement. The appeal was made during a hearing regarding his conviction in a corruption case.

Modi: TMC's 'Jungle Raj' In Bengal To End On May 4

Modi: TMC's 'Jungle Raj' In Bengal To End On May 4

Rediff.com23 Apr 2026

Prime Minister Narendra Modi asserted that the TMC's governance in West Bengal is nearing its end, citing corruption and unfulfilled promises. He highlighted the BJP's commitment to development and security, particularly for the fisherfolk and against infiltration.

Modi: TMC's 'Syndicate Raj' In Bengal To End On May 4

Modi: TMC's 'Syndicate Raj' In Bengal To End On May 4

Rediff.com23 Apr 2026

Prime Minister Narendra Modi asserted that the TMC's rule in West Bengal is nearing its end, citing corruption and unfulfilled promises. He also pledged support for the fisherfolk and a zero-tolerance policy for infiltrators.

Behind The Crown: Miss India Winners Show Their Real Side

Behind The Crown: Miss India Winners Show Their Real Side

Rediff.com29 Apr 2026

Femina Miss India World 2026 Sadhvi Sail, first runner-up Rajnandini Pawar and second runner-up Sree Advaita open up about breaking stereotypes and why pageantry is more than just the crown.

Infosys Ranks As Top Company For Career Growth In India

Infosys Ranks As Top Company For Career Growth In India

Rediff.com28 Apr 2026

Infosys has been recognised as the leading company for career growth in India, according to LinkedIn's '2026 Top Companies' list. The list, dominated by tech firms, consulting giants, and financial institutions, also features Accenture, Amazon, JPMorgan Chase, and SAP in the top five.

'Kerala Needs A Leader Who Can Think Out Of The Box'

'Kerala Needs A Leader Who Can Think Out Of The Box'

Rediff.com8 May 2026

'Among the leaders whose names are going around, V D Satheesan is the leader who will fit this kind of situation.'