Bangladesh pacer Mustafizur Rahman is unlikely to receive any financial compensation after being released by Kolkata Knight Riders (KKR) on the instructions of the BCCI, despite having no role in the circumstances that led to the termination of his contract.
Net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.
The franchise chose to retain only former Under-19 World Cup winner Shweta Sehrawat as part of a fresh approach for the upcoming season.
Foreign portfolio investors withdrew over Rs 22,530 crore ($2.5 billion) from Indian equities so far this month amid rising US bond yields and a stronger dollar, continuing their selling streak from last year. This came following an outflow of Rs 1.66 lakh crore ($18.9 billion) recorded in 2025, triggered by volatile currency movements, global trade tensions and concerns over potential US tariffs and stretched market valuations.
The government on Wednesday launched Rs 4,531 crore market access support (MAS) intervention scheme for a six-year period (FY26-31) to improve global reach, visibility and competitiveness of Indian exporters through 'structured and outcome-oriented' interventions.
Central Railway authorities are investigating an employee agitation that disrupted train services and led to commuter deaths. Unions protested an FIR against engineers in a previous accident, while commuters demand accountability for the disruption and resulting chaos.
Bengal seized momentum with late wickets after Mukesh Kumar's spells, leaving their Ranji Trophy quarterfinal against Andhra evenly poised at 264/6 on the first day.
During the financial year 2025-2026, the defence ministry has signed a total of 182,492 crore capital acquisition contracts, highlighting the government's push to modernise the armed forces and promote indigenous defence production.
The draft electoral roll for Uttar Pradesh was published after a special intensive revision exercise, with 12.55 crore voters retained out of 15.44 crore listed earlier. Around 2.89 crore voters were excluded due to deaths, migration, or multiple registrations.
Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.
The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.
A farmer in Uttarakhand allegedly committed suicide after being defrauded of Rs 4 crore in a fake land deal. He posted a video online before his death, naming the accused. The Congress party has criticized the BJP government over the incident.
ICICI Bank on Thursday said tax authorities have slapped a demand notice of Rs 238 crore on it for alleged short payment of GST.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.
Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India's second-largest IT services firm announced its December quarter earnings.
The Union Cabinet on Wednesday approved a relief package for debt-laden Vodafone Idea, freezing the AGR (Adjusted Gross Revenue) dues at Rs 87,695 crore and rescheduling the payment from FY32 to FY41, according to sources.
The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.
The Election Commission removed 6.5 crore electors from the draft electoral rolls of nine states and three Union territories as part of the Special Intensive Revision (SIR). The removals are due to voters being absent, shifted, deceased, or duplicates.
This was up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.
Top Maoist leader Ganesh Uike and five other red rebels were killed in gun battles with security forces in Odisha's Kandhamal district.
Of the 77 players signed at the auction, 35 of them were uncapped Indians, and one among them was the highly rated all-rounder Mangesh Yadav, who was snapped up by defending champions Royal Challengers Bengaluru for a hefty sum of Rs 5.2 crore (Rs 52 million).
India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.
Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.
Bihar Chief Minister Nitish Kumar's assets have increased slightly to Rs 1.65 crore, while several ministers are wealthier, according to the latest asset disclosure.
The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.
Cameron Green is tipped to surpass fellow-Australian Mitchell Starc (Rs 24.75 crore) and command the highest price by an overseas player but he won't take home more than Rs 18 crore.
Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, even as sweeping tax cuts slowed down growth in revenues from domestic transactions, according to government data released on Thursday.
Tamil Nadu's electoral roll has been revised, resulting in the removal of 9.74 million voters following an enumeration exercise. The state's electoral roll now stands at 5.43 crore voters.
Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. The withdrawal of funds followed the largest outflow of Rs 1.66 lakh crore ($18.9 billion) recorded in 2025, triggered by volatile currency movements, global trade tensions and concerns over potential US tariffs, and stretched market valuations.
Nearly 50 years after the theft of Rs 7.65, a Mumbai court has finally dropped the curtain on a 1977 cold case involving two unidentified accused and a complainant who remained untraceable despite decades of police searches.
The Defence Acquisition Council (DAC) has approved procurement of long range rockets, missiles, radar systems and military platforms worth Rs 79,000 crore to bolster the military's combat prowess.
Uncapped Indian wicketkeeper-batter Kartik Sharma was sold to five-time champions CSK for a whopping price of Rs 14.2 crore during the Indian Premier League (IPL) 2026 auction on Tuesday.
Sudip Kumar Gharami's brilliant 299 propelled Bengal to a commanding position against Andhra in their Ranji Trophy quarter-final match.
Foreign investors fled Indian equities in 2025 at a scale never seen before, pulling out a record Rs 1.6 lakh crore (USD 18 billion) as volatile currency movements, global trade tensions, especially potential US tariffs, and stretched valuations eroded risk appetite, though flows are expected to turn sustainably positive in 2026.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.
Mutual fund industry extended its bull run in 2025, adding a staggering Rs 14 lakh crore to its asset base and pushing total AUM to a record Rs 81 lakh crore by November, powered by surge in retail participation and record SIP inflows. Venkat Chalasani, chief executive officer of AMFI, told PTI that the industry's outlook remains positive, with steady SIP inflows continuing to offset foreign portfolio investor outflows and strengthening market resilience.
The platform has seen a growth of 70% in watch time for South content, which is more than the national average.The South has outperformed the rest of India in subscription depth, retention and connected TV adoption.
Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday.
