News for 'transactions'

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Rediff.com27 Feb 2026

Kanpur Police solved a robbery case leading to the discovery of a large hawala network. Six people were arrested, and investigations are ongoing to uncover the full extent of the illegal financial activities.

Will Embracing Israel Prove Costly For India?

Will Embracing Israel Prove Costly For India?

Rediff.com4 Mar 2026

By appearing to privilege ideological affinity over strategic balance, India risks eroding the trust painstakingly built across West Asia. Once the perception takes hold that India's friendship is conditional and transactional, rebuilding credibility will be difficult, warns Amberish K Diwanji.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Rediff.com11 Mar 2026

For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.

GRP Seizes Rs 1.75 Crore from Train Passengers in Chandauli

GRP Seizes Rs 1.75 Crore from Train Passengers in Chandauli

Rediff.com28 Feb 2026

Government Railway Police (GRP) recovered Rs 1.75 crore in cash from two passengers on the Akal Takht Express at Pandit Deendayal Upadhyay Railway Station in Chandauli district, Uttar Pradesh. The passengers, residents of Lucknow, claimed the money was related to their diamond and jewellery business, but police are investigating further.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

It said that when a retiree, who withdraws amounts in the range of Rs 10,000 or Rs 20,000, suddenly withdraws huge amounts, then the bank should issue an alert.

Man Held in Cyber Fraud Case Involving Senior Citizen

Man Held in Cyber Fraud Case Involving Senior Citizen

Rediff.com6 Mar 2026

Mumbai police have arrested a man from Gujarat for his alleged involvement in a cyber fraud case where a senior citizen was duped of Rs 2.25 crore after being threatened with arrest in a fake terrorism-related probe.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

The Supreme Court has expressed serious concerns about the rise in digital fraud, particularly digital arrest scams, and has directed the central government to develop a standard operating procedure to combat these crimes.

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

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.

Delhi Court Affirms Conviction, Highlights Women's Safety on Public Transport

Delhi Court Affirms Conviction, Highlights Women's Safety on Public Transport

Rediff.com10 Mar 2026

A Delhi court has upheld the conviction of a man for sexually harassing a woman on the Delhi Metro, emphasising the need for enhanced safety measures for women on public transport.

Two CAs Arrested in Cyber Fraud Money Laundering Case

Two CAs Arrested in Cyber Fraud Money Laundering Case

Rediff.com5 Mar 2026

Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.

Allowed 'friend' India to take oil already on ships: US

Allowed 'friend' India to take oil already on ships: US

Rediff.com7 Mar 2026

US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Rediff.com1 Feb 2026

Shares of brokerage-related companies nosedived 18 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed raising securities transaction tax on commodity futures to 0.05 per cent from 0.02 per cent in the Union Budget 2026-27.

Cyber Fraud Ring Busted in Delhi, Three Arrested

Cyber Fraud Ring Busted in Delhi, Three Arrested

Rediff.com3 Mar 2026

Delhi Police have arrested three men and bound down a woman in connection with a cyber fraud operation that allegedly cheated a grocery shop owner of Rs 17 lakh through fake stock market investments.

STT on futures hiked, share buyback taxed as capital gains

STT on futures hiked, share buyback taxed as capital gains

Rediff.com1 Feb 2026

The FM also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards.

Delhi Police Arrests 27 in Pan-India Cyber Fraud Operation

Delhi Police Arrests 27 in Pan-India Cyber Fraud Operation

Rediff.com1 Mar 2026

Delhi Police arrested 27 individuals across 11 states for involvement in cyber fraud cases exceeding Rs 1.5 crore, uncovering a network engaged in various scams including investment fraud and social media impersonation.

593 Crore GST Fraud Unearthed; Mastermind Arrested in Karnataka

593 Crore GST Fraud Unearthed; Mastermind Arrested in Karnataka

Rediff.com28 Feb 2026

The Directorate General of GST Intelligence (DGGI) has uncovered a fake input tax credit racket worth approximately 593 crore in Karnataka, leading to the arrest of the alleged mastermind.

IIT Student Arrested for Aiding Cyber Fraud

IIT Student Arrested for Aiding Cyber Fraud

Rediff.com28 Feb 2026

Gurugram police arrested three men, including an IIT student, for allegedly working with foreign-based cyber fraudsters, providing bank accounts and handling transactions for a commission.

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Rediff.com11 Mar 2026

'There are certain sovereign AI domains where we must build capabilities using our own data, our own language models, and make our own attempts at global models.'

Mumbai student arrested for sharing terrorist propaganda

Mumbai student arrested for sharing terrorist propaganda

Rediff.com6 Mar 2026

A Mumbai engineering student has been arrested by the Maharashtra ATS for allegedly sharing terrorist propaganda online related to banned organisations like Jaish-e-Mohammed and Islamic State, raising concerns about online radicalisation.

Allies in India have been good actors: White House

Allies in India have been good actors: White House

Rediff.com11 Mar 2026

The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.

Platform partnerships gain ground in realty

Platform partnerships gain ground in realty

Rediff.com5 Mar 2026

Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.

Budget 2026: 9 Things That Got More Expensive

Budget 2026: 9 Things That Got More Expensive

Rediff.com2 Feb 2026

What items did Finance Minister Nirmala Sitharaman make costlier?

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

Rediff.com16 Feb 2026

The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.

Why MF Investors Can't Trade on Budget Day

Why MF Investors Can't Trade on Budget Day

Rediff.com28 Jan 2026

Rediff explains why the system, not the Budget, is the problem.

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.

STT hike in F&O to deter speculative trading: FM

STT hike in F&O to deter speculative trading: FM

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative trading in derivatives, which led to a sharp decline in the stock market.

Shobhaa De: Sex Is A Superglue

Shobhaa De: Sex Is A Superglue

Rediff.com9 Feb 2026

'Lovemaking involves your partner's brain, imagination, emotions, tuning in to you, and your response to your partner.' 'If you look at it as something transactional or something that's a part of a relationship formula as determined by society, then it's fornication, not lovemaking.'

Budget 2026 Hits And Misses

Budget 2026 Hits And Misses

Rediff.com1 Feb 2026

CA Sumeet Mehta analyses the Union Budget 2026-2027, identifying key positives and negatives.

Has US Repeated Its Iraq Mistake?

Has US Repeated Its Iraq Mistake?

Rediff.com11 Mar 2026

Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.

Why NIA seeks China's help in Pahalgam terror attack case

Why NIA seeks China's help in Pahalgam terror attack case

Rediff.com3 Mar 2026

The camera was activated on January 30, 2024 at Dongguan--an industrial metropolis in China, and is among various material objects and electronic devices found and examined by the investigators connected with conspiracy.

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Rediff.com29 Jan 2026

The SC has gone a step further to state that even if one were to not apply the codified GAAR provisions, the judicial GAAR would continue to apply, point out Pranav Sayta and Bhargav Selarka.

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Rediff.com27 Jan 2026

Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited (ZMPL), which owns the gourmet popcorn brand 4700BC, in an all-cash transaction worth Rs 226.8 crore.

Trump Is Caught Between Two Bad Options

Trump Is Caught Between Two Bad Options

Rediff.com16 Mar 2026

Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.

Anil Ambani summoned by ED after skipping earlier date

Anil Ambani summoned by ED after skipping earlier date

Rediff.com19 Feb 2026

The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear for questioning on February 26 after he skipped deposition this week, official sources said on Thursday.

Why India's Japan Connection Is Important

Why India's Japan Connection Is Important

Rediff.com7 Mar 2026

In a region increasingly shaped by competition and coercion, such collaboration strengthens security without confrontation, builds capacity without dependency and promotes order without domination, points out Dr Kumar.

GST collections rise 6.2% to 3-month high of Rs 1.93 lakh cr in Jan

GST collections rise 6.2% to 3-month high of Rs 1.93 lakh cr in Jan

Rediff.com2 Feb 2026

Gross GST collections rose 6.2 per cent to a three-month high of over Rs 1.93 lakh crore in January, indicating increased consumption is making up for rate cuts late last year, sources said on Sunday.

Why is only holding stocks in your portfolio a very old strategy?

Why is only holding stocks in your portfolio a very old strategy?

Rediff.com26 Feb 2026

We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com11 Jan 2026

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.