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FD Rate Cuts: Balance Returns With Safety

FD Rate Cuts: Balance Returns With Safety

Rediff.com16 Apr 2025

'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'

Fake cardiologist N John Camm, linked to 7 deaths in MP, arrested

Fake cardiologist N John Camm, linked to 7 deaths in MP, arrested

Rediff.com8 Apr 2025

A fake cardiologist operating at a missionary hospital in Damoh, Madhya Pradesh, has been linked to the deaths of seven patients. Police have filed an FIR against the accused, identified as Narendra Vikramaditya Yadav, who allegedly used the name of a renowned UK cardiologist. The incident came to light after a complaint was filed with the National Human Rights Commission (NHRC), which is investigating the case. The accused has been booked under various sections of the Indian Penal Code, including forgery and criminal liability. The incident has sparked political controversy, with the Congress accusing the BJP of protecting the accused.

Madras university cancels lecture on spreading Christianity in India

Madras university cancels lecture on spreading Christianity in India

Rediff.com11 Mar 2025

The University of Madras has cancelled a lecture titled "How to Spread Christianity in India" after facing protests from student groups, Hindu organisations and outrage on social media. The lecture, scheduled for March 14, was part of the Sir S Subramania Ayyar Endowment Lecture series. The university stated that the department organising the lecture did not obtain approval from the university to conduct it. The ABVP, a student wing of the BJP, claimed credit for the lecture's cancellation, highlighting their commitment to preventing the promotion of biased ideologies within universities.

Shiv Sena leader shot dead in Punjab, attackers injure boy

Shiv Sena leader shot dead in Punjab, attackers injure boy

Rediff.com14 Mar 2025

A Shiv Sena leader, Mangat Rai alias Manga, was shot dead in Moga, Punjab on Thursday night. The incident occurred when Manga was attacked by three unknown assailants while he was out to buy groceries. A 12-year-old boy was also injured in the attack. Police are investigating the incident, which they believe could be a fallout of a personal rivalry, but the deceased's family denies any enmity. Protests erupted demanding the arrest of the accused and alleging a breakdown of law and order in Punjab. In another incident on the same night, three motorcycle riders entered a salon and fired two shots at the owner, injuring him in the leg.

AI Challenges Loom Over 20Bn IT Contracts

AI Challenges Loom Over 20Bn IT Contracts

Rediff.com14 Apr 2025

Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.

Wholesale price inflation inches up to 2.38% in Feb

Wholesale price inflation inches up to 2.38% in Feb

Rediff.com17 Mar 2025

Wholesale price inflation marginally rose to 2.38 per cent in February due to expensive manufactured food items like vegetables oil and beverages, government data released on Monday showed. The Wholesale Price Index (WPI) based inflation was 2.31 per cent in January. It was 0.2 per cent in February 2024.

Tech Failures Behind UPI Outages

Tech Failures Behind UPI Outages

Rediff.com16 Apr 2025

An hour-long disruption could affect around 40 million UPI transactions.

Bengal woman killed in attempt to escape boozers on highway

Bengal woman killed in attempt to escape boozers on highway

Rediff.com25 Feb 2025

A 27-year-old event management professional was killed in an accident while trying to escape from eve-teasers who were chasing her in another vehicle in West Bengal's Paschim Bardhaman district. The victim, identified as Suchandra Chattopadhyay, was travelling with three colleagues to Gaya for a function when the accident took place at Panagarh around 3 AM. Two of the other passengers sustained serious injuries. Police have launched a search operation to locate the suspects.

Drug found in child hospitalised after 'eating chocolate'

Drug found in child hospitalised after 'eating chocolate'

Rediff.com2 Mar 2025

A 4-year-old boy in Kerala was hospitalized after allegedly consuming chocolate at school, with a urine test revealing the presence of benzodiazepines. The incident occurred on February 17, when the child became drowsy after returning from school. The boy was initially admitted to a nearby hospital and later transferred to Amrita Hospital in Ernakulam, where the urine test results raised concerns. Police are investigating the source of the chocolate and how the depressant entered the child's body. The school authorities have denied any negligence and claim the child was fine until he left for home with his grandfather. The child's mother, a lab technician separated from her husband, has filed complaints seeking an investigation. While the child initially claimed he was given the chocolate by his mother, she has denied the allegation.

'A Key Driver Of INR Strength Appears To Be The RBI'

'A Key Driver Of INR Strength Appears To Be The RBI'

Rediff.com29 Mar 2025

'I don't see 88 per dollar now.'

US Tariffs Rattle India's Shrimp Sector

US Tariffs Rattle India's Shrimp Sector

Rediff.com18 Apr 2025

Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

Rediff.com3 Apr 2025

Industry players said the sharp sell-off in February forced many companies to put off their listing plans

US tariff on Indian shrimp may go up from 8pc to 45 pc

US tariff on Indian shrimp may go up from 8pc to 45 pc

Rediff.com7 Apr 2025

Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.

7 arrested for selling women patient's CCTV videos

7 arrested for selling women patient's CCTV videos

Rediff.com26 Feb 2025

The police arrested six persons including a hacker named Parit Dhamelia from Surat and owner of a YouTube channel Prajwal Taily, a resident of Latur, Maharashtra.

Boy, 15, raped by friends in UP's Deoria

Boy, 15, raped by friends in UP's Deoria

Rediff.com18 Jan 2025

A 15-year-old boy was allegedly raped in Uttar Pradesh's Deoria by two of his friends, one of them a minor, police said on Saturday.

Hacked videos of women in labour room sold online; 3 held

Hacked videos of women in labour room sold online; 3 held

Rediff.com19 Feb 2025

The Gujarat police have arrested three individuals for allegedly acquiring hacked videos of women patients and selling them through YouTube and Telegram. The accused, who hail from Maharashtra and Uttar Pradesh, reportedly used international hackers to obtain the clips, which appeared to be from CCTV footage of a Rajkot-based hospital. The police identified and arrested the trio who were allegedly running this racket, after videos of women patients being examined by doctors inside the labour room of a hospital were circulated online.

Commenting on woman colleague's hair not sexual harassment: HC

Commenting on woman colleague's hair not sexual harassment: HC

Rediff.com21 Mar 2025

The Bombay High Court ruled that a comment on a woman colleague's hair, even if accompanied by a song, does not constitute sexual harassment at work. The court set aside a bank's internal report and an industrial court order that had found a senior executive guilty of misconduct under the POSH Act, arguing that the alleged actions did not amount to sexual harassment. The court noted that the complainant herself had not perceived the comment as sexual harassment at the time and later expressed gratitude to the executive.

Exiting Markets Now Could Cost You

Exiting Markets Now Could Cost You

Rediff.com21 Apr 2025

Investors should avoid making drastic changes to their asset allocation during a market correction.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

Upset over interfaith marriage, parents keep woman chained for 2 months

Upset over interfaith marriage, parents keep woman chained for 2 months

Rediff.com4 Feb 2025

Police in Jalna, Maharashtra rescued a woman who was held captive by her parents for two months in their home. The woman, Shahnaz alias Sonal, had an interfaith marriage and was kept chained in the house after her parents disapproved of the marriage. The police acted on a complaint by the woman's husband and rescued her from her parents' house in Alapur village.

5 more GBS cases found in Maharashtra, tally reaches to 163

5 more GBS cases found in Maharashtra, tally reaches to 163

Rediff.com4 Feb 2025

The number of suspected Guillain-Barre Syndrome (GBS) cases in Maharashtra has reached 163, with five deaths reported so far. Five new cases were detected in Pune, bringing the total number of confirmed cases to 127. The official also stated that 168 water samples from different parts of Pune city were sent for chemical and biological analysis, and eight water sources were found to be contaminated.

How AI is Boosting Indian Edtech Upskilling

How AI is Boosting Indian Edtech Upskilling

Rediff.com24 Mar 2025

As AI becomes central to upskilling, a growing number of learners -- from seasoned professionals to school students -- are eager to explore and experiment with technology.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

Family of 3 'digitally arrested' for 5 days, duped of Rs 1cr

Family of 3 'digitally arrested' for 5 days, duped of Rs 1cr

Rediff.com11 Feb 2025

A family in Noida was duped of over Rs 1 crore after they were kept under 'digital arrest' for five days by unknown people posing as government officials. The scammers threatened the family with arrest by making video calls and claiming to be investigating money laundering and other crimes. This is a new type of cyber fraud where the accused pose as law enforcement agency officials and use video calls to intimidate their victims.

2 Iranians held for 'hypnotising', defrauding Gurugram shop owner

2 Iranians held for 'hypnotising', defrauding Gurugram shop owner

Rediff.com15 Jan 2025

Gurugram police has arrested two Iran nationals for allegedly cheating a shop owner of Rs 45,000 by 'hypnotising' him, officials said on Wednesday.

Discounts are back at car dealerships

Discounts are back at car dealerships

Rediff.com21 Mar 2025

Dealers said the discounts this March are higher than the same month in the previous year.

Mysterious hair loss outbreak reported in Maha villages

Mysterious hair loss outbreak reported in Maha villages

Rediff.com9 Jan 2025

As many as 30 persons from Kalvad, Bondgaon and Hingna villages in Shegaon taluka were found suffering from the hair loss problem and baldness during the survey conducted by the zilla parishad's health department, officials said.

Former HC judge acquitted in 'cash at door' case 17 yrs later

Former HC judge acquitted in 'cash at door' case 17 yrs later

Rediff.com29 Mar 2025

Seventeen years after the cash-at-judge's door case rocked the judiciary, a special Central Bureau of Investigation court in Chandigarh on Saturday acquitted former Punjab and Haryana high court judge Nirmal Yadav and four others in the matter.

India's Auto Parts Industry Eyes Major US Expansion

India's Auto Parts Industry Eyes Major US Expansion

Rediff.com19 Mar 2025

An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion - nearly a fivefold increase from $21 billion currently

CBDT Uncovers Rs 290 Bn Foreign Assets

CBDT Uncovers Rs 290 Bn Foreign Assets

Rediff.com7 Mar 2025

In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India.

No Digital Data Protection Act Change Likely

No Digital Data Protection Act Change Likely

Rediff.com7 Apr 2025

The "construct of the DPDP Act" cannot be changed at this stage, though there may be some minor tweaks in the language of the Rules and formats in certain legitimate cases.

International flights at Navi Mumbai airport by July next year

International flights at Navi Mumbai airport by July next year

Rediff.com3 Mar 2025

It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.

Maha villagers shoot fellow hunter dead mistaking him for wild boar

Maha villagers shoot fellow hunter dead mistaking him for wild boar

Rediff.com5 Feb 2025

A hunting expedition by a group of villagers went fatally wrong as one of them was shot dead by some other members, who allegedly mistook him for a wild boar in a forest area in Maharashtra's Palghar district, police said on Wednesday.

Married thief built Rs 3 cr bungalow for girlfriend

Married thief built Rs 3 cr bungalow for girlfriend

Rediff.com5 Feb 2025

A 37-year-old burglar who allegedly built a Rs three crore bungalow for his girlfriend using the robbed money was arrested in Bengaluru. Panchakshari Swamy, who hails from Solapur in Maharashtra, was married and has children but he was a womaniser and spent the robbed money lavishly on women. He allegedly committed thefts in many parts of the country over the past two decades. Swamy has been arrested in a case of theft of gold and silver ornaments worth Rs 14 lakh from a house at Maruti Nagar in Bengaluru that occurred on January 9. His involvement in the theft was revealed with the help of footage from more than 200 CCTV cameras. With his arrest, the police have seized gold biscuits of 181 g, silver ornaments of 33 g, and a firearm from him. Swamy started burglaries in 2003 when he was a minor and by 2009 he had become professional at it gaining wealth worth crores through thefts, burglaries and robberies and it was in 2014-15, he started dating an actress and spent lavishly on her by building a Rs three crore house for her in Kolkata. He also allegedly gifted her an aquarium worth Rs 22 lakh, he said, adding he also had links with some other actresses. Police said that he mostly operated alone and kept a watch over empty houses so that he could target them easily and after committing the theft, he would change clothes to avoid suspicion.

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Rediff.com24 Feb 2025

Indian tech sector's revenues are set to grow 5.1 per cent to $282.6 billion in FY25, and likely to climb up further to $300 billion in FY26, lobby grouping Nasscom said on Monday. The revenue growth is on the "right trajectory", the body's president Rajesh Nambiar told reporters here, pointing out to revenue growth of 4 per cent in FY24, 5.1 per cent in FY25 and the over 6.1 per cent needed to cross its expectation of crossing $300 billion in FY26.

'We Don't Want To Survive On Govt Incentives'

'We Don't Want To Survive On Govt Incentives'

Rediff.com20 Mar 2025

'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.'

UPI Hits Record High In March

UPI Hits Record High In March

Rediff.com2 Apr 2025

UPI topped Rs 24 trillion in value of transactions and 19 billion in volume for the first time after becoming operational in April 2016.

AC prices likely to go up by 4-5% due to component shortages

AC prices likely to go up by 4-5% due to component shortages

Rediff.com18 Mar 2025

As temperatures shoot up this month signalling an early onset of summer, sales of air conditioners (AC) are set to increase, with companies expected to hike the prices of ACs by 4-5 per cent due to component shortages. Leading players like Haier and Bluestar and suppliers like EPack Durables have raised their production capacities to meet the 25-30 per cent rise in demand expected in the coming months.

Pune man stabs female colleague to death in office parking lot

Pune man stabs female colleague to death in office parking lot

Rediff.com10 Jan 2025

A 28-year-old woman working with a business process outsourcing (BPO) company in Pune died after her male colleague allegedly attacked her with a sharp weapon on Tuesday evening, police said.

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Rediff.com31 Jan 2025

The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey tabled in Parliament on Friday. The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band.