'Why are the political leaders saying everything is normal?'
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.
Union Finance Minister Nirmala Sitharaman has warned that the ongoing West Asia crisis is not merely a geopolitical issue but will directly lead to higher fuel costs for common people and businesses, impacting shipping, input availability, and export orders.
Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.
A restaurateur in Ranchi, identified as Abhimanyu Bhatia, allegedly died by suicide due to financial strains. Police are investigating the circumstances surrounding his death after he consumed poison at his restaurant.
Congress leader Rahul Gandhi has warned of a severe economic crisis looming over India, criticising Prime Minister Narendra Modi's economic policies and foreign travels.
A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.
A 45-year-old man in Uttar Pradesh allegedly died by suicide due to financial stress related to his daughter's upcoming wedding. Police investigations suggest the man was under significant pressure due to his inability to afford the marriage expenses.
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
Hamirpur Police arrested two individuals involved in a counterfeit currency racket after a shopkeeper was defrauded. The suspects, using fake Rs 200 notes to obtain genuine Rs 500 notes, were identified through CCTV footage and ITMS. Police recovered counterfeit notes and are investigating further.
The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been passed by the Indian Parliament, decriminalising minor offences across 79 central laws to improve the business environment and reduce harassment. Ministers highlight the bill's role in promoting trust-based governance and ease of doing business.
'More than becoming a unicorn, what truly satisfies us is seeing small businesses grow from Rs 10,000 a month to Rs 20 lakh after joining our platform.'
Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.
rediffGURU Vishal Bisht, founder and CEO of IT services provider Marksman Technologies, recommends strategies to build a successful brand.
A 43-year-old woman has been arrested for allegedly murdering her former boyfriend's wife in Chhatrapati Sambhaji Nagar, Maharashtra. The incident occurred at the victim's home, where the accused stabbed her with a knife. Police are investigating the motive behind the crime.
The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
Gurugram police have arrested two individuals allegedly involved in an extortion racket targeting street vendors and small shopkeepers. The arrests followed a complaint by a paan shop owner, and investigations revealed a history of criminal activity by the accused.
The outreach comes amid a drop in Indian student enrolments in management programmes at American universities last year, following changes to US student visa policies.
India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.
The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.
West Bengal BJP president Samik Bhattacharya advocated a new land policy to facilitate large-scale industrialisation and assured investors of a 'fearless' environment in the state.
Delhi Police have arrested a man from Anantnag, Jammu and Kashmir, for allegedly defrauding a Delhi-based man of over Rs 5 lakh under the guise of supplying Kashmiri apple consignments. The accused had been evading arrest for nearly a decade.
A 20-year-old man was arrested for allegedly posing as an employee of a digital payment platform and duping shopkeepers in East Delhi by claiming to check defective sound boxes.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'
With less than a month to go, football fans have all fingers -- and toes -- crossed, notes Kanika Datta.
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.
Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.
The world watches the Met Gala for the celebrities and the couture. But, for the last few years, one Indian brand from Kerala has quietly been creating the carpet that fashion's biggest stars pose on.
Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
'We are targeting a 2.5x to 3x increase in valuation by FY31.'
Gurugram police arrested a man for allegedly extorting money after constructing illegal structures on government land in the IMT Manesar area.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances