Search results for ' Finance'

Sensex, Nifty edge up in choppy trade

Sensex, Nifty edge up in choppy trade

Rediff.com11 hours ago

From the 30-share Sensex pack, Bajaj Finance, Nestle India, Bajaj Finserv, Asian Paints, UltraTech Cement, Infosys, Maruti, Bharti Airtel and Hindustan Unilever were among the gainers. JSW Steel, Adani Ports, NTPC, State Bank of India, Reliance Industries, Tech Mahindra, Axis Bank, Titan and HDFC Bank were the laggards.

Adani opts out of US funding for Colombo Port project

Adani opts out of US funding for Colombo Port project

Rediff.com14 hours ago

Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.

Despite 23.75 Cr, Venki is Pursuing PhD

Despite 23.75 Cr, Venki is Pursuing PhD

Rediff.com15 hours ago

'I am pursuing my PhD (finance) now. You will be interviewing me as Dr Venkatesh Iyer next time!'

This Scholarship Reimbursement Tuition Fee

This Scholarship Reimbursement Tuition Fee

Rediff.com15 hours ago

Students who are selected for Federal Bank Hormis Memorial Foundation Scholarship 2024-25 will receive 100 per cent reimbursement of tuition fees and certain other educational expenses.

New RBI Guv promises to do 'what is best for the economy'

New RBI Guv promises to do 'what is best for the economy'

Rediff.com17 hours ago

A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy. "Let me first go, join, understand the turf ... Here it is a different role," Malhotra said, speaking to reporters in front of North Block.

'Always Identify A Potential Problem And Nip It In The Bud'

'Always Identify A Potential Problem And Nip It In The Bud'

Rediff.com18 hours ago

'I think today RBI supervision is much sharper than what it was earlier.'

Bank Account Dormant? You Can Still Get Your Money

Bank Account Dormant? You Can Still Get Your Money

Rediff.com18 hours ago

Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.

Growth Or Inflation? What Will RBI Gov Tackle?

Growth Or Inflation? What Will RBI Gov Tackle?

Rediff.com19 hours ago

Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.

Sensex, Nifty end flat amid volatile trade

Sensex, Nifty end flat amid volatile trade

Rediff.com1 days ago

Finance, ICICI Bank, Mahindra &h Mahindra, Kotak Mahindra Bank and Titan were among the gainers. Bharti Airtel, Adani Ports, Tech Mahindra, Reliance Industries, Axis Bank, Larsen & Toubro were the laggards.

Former Karnataka CM S M Krishna passes away

Former Karnataka CM S M Krishna passes away

Rediff.com1 days ago

Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.

What Are New RBI Governor's Challenges?

What Are New RBI Governor's Challenges?

Rediff.com1 days ago

'Challenge is basically near-term growth as the outlook has turned a bit adverse.'

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Rediff.com1 days ago

Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.

Das lists the most important tasks for the new RBI Guv

Das lists the most important tasks for the new RBI Guv

Rediff.com1 days ago

Outgoing Reserve Bank Governor Shaktikanta Das said on Tuesday that restoring inflation-growth balance is the most important task ahead of the central bank. Addressing a press conference on his last day as the central bank chief, Das said his successor will have to navigate the changing world order, effectively deal with cyber threats, and focus on harnessing new technologies.

AI Boom Fuels Workforce Upskilling

AI Boom Fuels Workforce Upskilling

Rediff.com1 days ago

55% Indians fear that their skills could become partially or fully obsolete within the next five years.

'How To Repay Rs 30 Lakh Gold Loan?'

'How To Repay Rs 30 Lakh Gold Loan?'

Rediff.com1 days ago

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

Cong hand with anti-India foreign forces, Sonia Gandhi should explain: BJP

Cong hand with anti-India foreign forces, Sonia Gandhi should explain: BJP

Rediff.com2 days ago

The BJP accused Congress leaders of colluding with foreign forces to destabilize India and demanded Sonia Gandhi to disclose her role in a George Soros Foundation-funded organization's activities. The ruling party also attacked Rahul Gandhi, calling him a "pawn" for his protests against the Adani issue.

Revenue Secretary Sanjay Malhotra to be next RBI Governor

Revenue Secretary Sanjay Malhotra to be next RBI Governor

Rediff.com2 days ago

The government on Monday appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet cleared Malhotra's name, who has been appointed as the RBI Governor for three years, starting Wednesday. Malhotra, a 1990 Batch Rajasthan Cadre IAS Officer, will replace Shaktikanta Das, whose tenure ends on Tuesday (December 10, 2024).

RBI Guv Shaktikanta Das to demit office on Tuesday

RBI Guv Shaktikanta Das to demit office on Tuesday

Rediff.com2 days ago

Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.

Major ruckus in Parliament over 'Cong-Soros' link

Major ruckus in Parliament over 'Cong-Soros' link

Rediff.com2 days ago

Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.

Rijiju's message to Cong on alleged 'Sonia-Soros link'

Rijiju's message to Cong on alleged 'Sonia-Soros link'

Rediff.com2 days ago

Parliamentary Affairs Minister Kiren Rijiju on Monday urged all political parties, including the Congress, to unite against anti-India forces, and raise their voice if they find their leaders working against the country's interest.

AI tool MuleHunter to tackle financial fraud

AI tool MuleHunter to tackle financial fraud

Rediff.com2 days ago

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.

Union Budget 2025-26: Economists stress need for manufacturing policy

Union Budget 2025-26: Economists stress need for manufacturing policy

Rediff.com2 days ago

The need for a manufacturing policy, reining in food inflation and raising investment in the country were among key suggestions given by economists who met Finance Minister Nirmala Sitharaman and senior ministry officials in the first round of pre-Budget consultations on Friday.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com2 days ago

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

ALERT! December 2024 Money Deadlines You Must Know

ALERT! December 2024 Money Deadlines You Must Know

Rediff.com2 days ago

By acting now, you can step into 2025 with your finances in order and without unnecessary penalties.

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Rediff.com3 days ago

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.

FDI inflows in India cross $1 trillion

FDI inflows in India cross $1 trillion

Rediff.com3 days ago

Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Rediff.com3 days ago

The Bharatiya Janata Party (BJP) has alleged that former Congress president Sonia Gandhi has links to an organisation financed by the George Soros Foundation, which has reportedly supported the idea of an independent Kashmir. The party claims this connection demonstrates foreign influence in Indian internal affairs. This comes after BJP's claims of US involvement in destabilizing India, which the US has denied. The BJP also accused Congress leader Rahul Gandhi of collaborating with the Soros-funded OCCRP to damage India's economy and reputation. The allegations have drawn criticism from the US embassy and the opposition Congress.

ISI employs drug addicts as terror couriers in Indian jails: Officials

ISI employs drug addicts as terror couriers in Indian jails: Officials

Rediff.com3 days ago

Pakistan's intelligence agency, the ISI, is reportedly using individuals under the influence of drugs or posing as mentally disturbed to infiltrate India and deliver messages to terrorists in prisons. Officials have reported over 10 such cases since July, with individuals entering from Pakistan and Pakistan-occupied Kashmir and being sent to prisons in Jammu, Punjab, and Rajasthan. Security agencies suspect these individuals are couriers tasked with relaying communication to jailed terrorists. The ISI's tactic is believed to be a response to the increased use of technology in communication, which leaves behind electronic footprints. This method of infiltration has also been linked to drug smuggling operations. The ISI's current tactic is reminiscent of its past use of "sawari operators" on the Samjhauta Express for covert operations, which were effectively curtailed by authorities.

Budget 2025: What farmers want from Sitharaman

Budget 2025: What farmers want from Sitharaman

Rediff.com4 days ago

Farmer representatives and agricultural stakeholders urged the government to provide cheaper long-term credit, implement lower taxes, and double the PM-KISAN income support during a comprehensive pre-budget consultation with Finance Minister Nirmala Sitharaman on Saturday. The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief, market reforms, and strategic investments.

'Girls Will Be Girls Is About Your First Crush'

'Girls Will Be Girls Is About Your First Crush'

Rediff.com4 days ago

'The flutters of excitement of a high-school romance, and then how life changes.'

Countdown Begins To Budget 2025

Countdown Begins To Budget 2025

Rediff.com4 days ago

It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.

Shammi Silva replaces Jay Shah as ACC head

Shammi Silva replaces Jay Shah as ACC head

Rediff.com5 days ago

Silva's tenure begins at a pivotal time, with the ACC focusing on the upcoming Asia Cup and striving to strengthen Asia's position as a powerhouse in global cricket.

Hemant Soren distributes portfolios; keeps home, gives finance to Cong

Hemant Soren distributes portfolios; keeps home, gives finance to Cong

Rediff.com5 days ago

Jharkhand Chief Minister Hemant Soren has distributed portfolios among the new ministers, keeping key departments such as Home, Personnel, and several others to himself. The Congress' Radhakrishna Kishore was given Finance, Commercial Tax, Planning and Development Department, and Parliamentary Affairs departments. JMM's Deepak Biruwa was allotted the departments of Revenue, Registration and Land Reforms (non-registration), and Transport. Chamra Linda, another JMM leader, was allotted the departments of Schedule Tribes, Scheduled Castes, Backward Classes (except Minority Welfare). RJD's Sanjay Prasad Yadav was given the departments of Industries, and Labour, Planning, Training and Skill Development. The Congress' Irfan Ansari got Health, Medical Education and Family Welfare, besides Food, Public Distribution and Consumer Affairs, and Disaster Management departments. The chief minister also kept to himself the departments of Cabinet Secretariat, Personnel, Administrative Reforms and Official Language, Road Construction, Building Construction, and those departments yet to be distributed to anyone. Among the other ministers, JMM's Ramdas Soren was given the School Education and Literacy, and Registration departments. Party colleague Hafizul Hasan was allotted the departments of Water Resources, and Minority Welfare Department. Panchayati Raj, Rural Works, and Rural Development departments were given to Congress MLA Deepika Pandey Singh. The CM gave Drinking Water and Sanitation, and Excise and Prohibition departments to JMM's Yogendra Prasad. JMM legislator Sudhivya Kumar became the minister for Urban Development and Housing, Higher and Technical Education, and Tourism, Art Culture, Sports and Youth Affairs departments. Shilpi Neha Tirkey of the Congress was allotted Agriculture, Animal Husbandry and Cooperative Department. A total of 11 MLAs took oath as ministers in the Hemant Soren government in Jharkhand on Thursday.

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Rediff.com5 days ago

The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.

Key takeaways from RBI's Monetary Policy

Key takeaways from RBI's Monetary Policy

Rediff.com5 days ago

RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.

What You Can Now Expect Every Election

What You Can Now Expect Every Election

Rediff.com5 days ago

A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.

CM Fadnavis promises to hike Ladki Bahin stipend to Rs 2,100

CM Fadnavis promises to hike Ladki Bahin stipend to Rs 2,100

Rediff.com6 days ago

Maharashtra Chief Minister Devendra Fadnavis on Thursday assured his government will continue the Ladki Bahin Yojana and fulfil Mahayuti's pre-poll promise of hiking the monthly stipend under the scheme to Rs 2,100 from Rs 1,500 now to eligible women.

Sensex, Nifty surge on buying in IT stocks

Sensex, Nifty surge on buying in IT stocks

Rediff.com6 days ago

From the 30-share Sensex pack, Tata Consultancy Services, Titan, Infosys, Bharti Airtel, Bajaj Finance, ICICI Bank, HCL Technologies, and Tech Mahindra were the biggest gainers. NTPC and Asian Paints were the laggards.

Bangladesh To Remove Mujib's Image From Taka Notes

Bangladesh To Remove Mujib's Image From Taka Notes

Rediff.com6 days ago

Religious structures, Bengali traditions, and 'graffiti' drawn during the July uprising will be included on the currency notes.

Mahayuti Supporters Throng Azad Maidan

Mahayuti Supporters Throng Azad Maidan

Rediff.com6 days ago

BJP leader Devendra Fadnavis was sworn in as the new Chief Minister of Maharashtra in a grand ceremony at Azad Maidan in Mumbai.

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