News for 'transactions'

For India, AI stands for 'All Inclusive': Modi

For India, AI stands for 'All Inclusive': Modi

Rediff.com10 Oct 2025

AI means 'All Inclusive' for India, asserted Prime Minister Narendra Modi on Thursday while stressing that India Stack is a beacon of hope for the world, especially for countries in the Global South.

Money given by Zubeen Garg to PSOs under scanner

Money given by Zubeen Garg to PSOs under scanner

Rediff.com9 Oct 2025

Garima Saikia Garg, wife of singer Zubeen Garg, addresses the financial irregularities involving the singer's personal security officers (PSOs) and calls for a thorough investigation into the circumstances surrounding his death.

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

Govt cannot restrain retail investors from trading in F&O: FM

Govt cannot restrain retail investors from trading in F&O: FM

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the government cannot restrain retailers from trading in Futures and Options (F&O) but will definitely create awareness regarding the risks involved in putting money in such instruments.

UPI Boom Drives Down Cash Demand

UPI Boom Drives Down Cash Demand

Rediff.com25 Sep 2025

UPI crossed 20 billion monthly transactions for the first time in August 2025, with a transaction value of Rs 24.85 trillion.

Gujarat police nab kingpin of Chinese cyber slavery network

Gujarat police nab kingpin of Chinese cyber slavery network

Rediff.com19 Nov 2025

Gujarat Police arrested an Indian national accused of running an international cyber slavery network operated by Chinese gangs from Myanmar and Cambodia. The accused allegedly supplied Indian workers to scam compounds where they were forced to commit cybercrimes.

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Rediff.com29 Nov 2025

Telangana's anti-narcotics wing, the EAGLE Force, conducted a multi-state operation against a Nigerian drug cartel, resulting in over 50 arrests and the seizure of narcotics worth Rs 3.5 crore.

Man held for transferring Rs 10cr to Pak-based crypto wallet

Man held for transferring Rs 10cr to Pak-based crypto wallet

Rediff.com9 Nov 2025

The accused had links with six persons, arrested on November 3 from Morbi, Surendranagar, Surat and Amreli districts, for allegedly routing Rs 200 crore to Dubai-based cybercriminals using nearly 100 mule accounts, the release said.

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Rediff.com6 Nov 2025

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.

How To Buy Gold Wisely In 2026

How To Buy Gold Wisely In 2026

Rediff.com15 Dec 2025

From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?

Drug racket busted in Jammu, Pakistan link suspected

Drug racket busted in Jammu, Pakistan link suspected

Rediff.com16 Nov 2025

Police on Saturday claimed to have busted a Pakistan-linked narcotics racket with the arrest of two peddlers here with three kilograms of heroin, valued at around Rs 15 crore.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

Our ties shouldn't be transactional, says outgoing US envoy

Our ties shouldn't be transactional, says outgoing US envoy

Rediff.com20 Jan 2025

Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

Rediff.com17 Nov 2025

A 57-year-old woman in Bengaluru was allegedly defrauded of approximately Rs 32 crore in a 'digital arrest' scam. Posing as CBI officers, fraudsters coerced her into sharing financial details and making numerous bank transfers over six months.

'Won't tolerate wrongdoings': Ajit Pawar on 'land scam' involving son

'Won't tolerate wrongdoings': Ajit Pawar on 'land scam' involving son

Rediff.com7 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar has said that he has no connection with the alleged multi-crore land deal in Pune involving his son, Parth Pawar.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Pickup in private capex critical for more gains in Siemens

Pickup in private capex critical for more gains in Siemens

Rediff.com25 Nov 2025

Even as the results of Siemens for the second quarter of 2025-26 (Q2FY26) were a mixed bag, the stock was the top gainer in the BSE 200 index, rising 4.92 per cent in trade. Most brokerages are neutral or positive on the company.

Sebi clears Adani of Hindenburg allegations

Sebi clears Adani of Hindenburg allegations

Rediff.com18 Sep 2025

In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

Fresh FIR against Partha Pawar's biz partner in Pune land deal row

Fresh FIR against Partha Pawar's biz partner in Pune land deal row

Rediff.com7 Nov 2025

Another FIR has been registered against Digvijay Patil, business partner of Maharashtra deputy Chief Minister Ajit Pawar's son, in connection with a land deal case. The FIR involves allegations of misappropriation, cheating, and forgery.

Parth firm will need to pay Rs 42 cr to scrap land deal

Parth firm will need to pay Rs 42 cr to scrap land deal

Rediff.com8 Nov 2025

After Maharashtra Deputy Chief Minister Ajit Pawar announced that the sale deed executed by his son Parth's firm for a prime land in Pune has been scrapped, officials said the company will have to cough up double the stamp duty, which comes to Rs 42 crore, to get the transaction cancelled.

Small ticket transactions drag avg retail payments value by 48% in 3 years

Small ticket transactions drag avg retail payments value by 48% in 3 years

Rediff.com27 Dec 2024

The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.

20 Million UPI AutoPay Revoked Monthly

20 Million UPI AutoPay Revoked Monthly

Rediff.com15 Sep 2025

'There is a debit execution failure which is because there is not enough money in the user's bank account.'

Did Tejashwi fail to counter NDA's 'jungle raj' narrative?

Did Tejashwi fail to counter NDA's 'jungle raj' narrative?

Rediff.com14 Nov 2025

Ten years after a dream electoral debut, which saw him become the deputy chief minister at a young age of 25, the heir apparent of party supremo Lalu Prasad finally won, after trailing for several rounds, from Raghopur, a RJD stronghold.

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Rediff.com5 Nov 2025

Brookfield India Real Estate Trust (BIRET) plans to acquire a large office campus, covering 7.7 million sq ft, in Bengaluru for Rs 13,125 crore to expand its portfolio.

ED files chargesheet against Raj Kundra in Bitcoin scam

ED files chargesheet against Raj Kundra in Bitcoin scam

Rediff.com27 Sep 2025

The Enforcement Directorate has filed a chargesheet against businessman Raj Kundra in a bitcoin 'scam,' alleging he was a beneficial owner and concealed evidence.

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Rediff.com16 Oct 2025

While UIDAI has given a nod for face authentication, banks need to join the process.

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

Rediff.com18 Nov 2025

In a significant development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the ADAG and its group companies.

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

Rediff.com27 Nov 2025

Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.

SC seeks Centre's response on plea against anonymous political donations

SC seeks Centre's response on plea against anonymous political donations

Rediff.com24 Nov 2025

The Supreme Court has sought responses from the Centre and others on a plea challenging the validity of a provision of the Income Tax Act that allows political parties to receive "anonymous" cash donations below Rs 2,000.

Pune Firm Unveils Diabetes-Control Implant

Pune Firm Unveils Diabetes-Control Implant

Rediff.com19 Nov 2025

This innovation works by stimulating our natural organs so that it can produce and maintain the insulin balance.

Parliament's winter session from Dec 1, Oppn questions duration

Parliament's winter session from Dec 1, Oppn questions duration

Rediff.com8 Nov 2025

The Winter session of Parliament will be held from December 1 to 19, Union Parliamentary Affairs Minister Kiren Rijiju announced on Saturday, in what the opposition has described as an 'unusually delayed' and truncated session.

Let Fadnavis probe: Pawar on grandnephew's land deal

Let Fadnavis probe: Pawar on grandnephew's land deal

Rediff.com8 Nov 2025

Citing Maharashtra Chief Minister Devendra Fadnavis, Nationalist Congress Party-Sharadchandra Pawar president Sharad Pawar on Saturday supported a probe into the controversial land deal allegedly linked to the company of his grandnephew Parth Pawar.

Ajit Pawar's son faces probe over Rs 300 cr Pune land deal

Ajit Pawar's son faces probe over Rs 300 cr Pune land deal

Rediff.com6 Nov 2025

Maharashtra Revenue Minister assures investigation into an alleged land deal involving a company linked to Deputy Chief Minister Ajit Pawar's son, Parth Pawar, after receiving a formal complaint.

Indian Archers' Night Ordeal In Riot-Hit Dhaka!

Indian Archers' Night Ordeal In Riot-Hit Dhaka!

Rediff.com18 Nov 2025

India's archers endured a night of chaos when their return to the country from Dhaka after the Asian Championships was delayed by a day due to a cancelled flight.

Now, Zubeen Garg's security staff arrested in death case

Now, Zubeen Garg's security staff arrested in death case

Rediff.com10 Oct 2025

With this, a total of seven people have been arrested in connection with Garg's death.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Sebi to review short selling, SLB frameworks: Pandey

Sebi to review short selling, SLB frameworks: Pandey

Rediff.com7 Nov 2025

Markets regulator Sebi will soon set up a working group to undertake a comprehensive review of short selling and the Securities Lending and Borrowing (SLB) frameworks, its chairman Tuhin Kanta Pandey said on Friday. The framework for short selling, introduced in 2007, has largely remained unchanged since its inception.

Zubeen Garg murdered in Singapore, claims Assam CM

Zubeen Garg murdered in Singapore, claims Assam CM

Rediff.com3 Nov 2025

The CM He, however, did not share further details about the case or the kind of evidence that establishes the death as murder.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.