Karnataka Chief Minister Siddaramaiah announced reservation for Muslims in supplying goods and services up to a value of Rs 1 crore to various government departments, corporations and institutions in the state budget for 2025-26. The budget also increased the value limit of government contracts in which Muslims can avail reservation to Rs 2 crore. The reservation to Muslims under 2B category is in addition to the Scheduled Caste, Scheduled Tribe, and Castes coming under Category-1, Category-2A. The budget also included various welfare schemes for minorities, including Rs 50,000 to support simple marriages and Rs 1,000 crore under the Chief Minister's Minority Colony Development Programme.
South Korean consumer electronics major Samsung, which on Wednesday launched its latest smartphone Galaxy S25 in San Jose, US, will also be manufacturing it at its Noida plant in India, J B Park, president & CEO of Samsung Southwest Asia, said. Moreover, the Bengaluru-based R&D centre of Samsung, the biggest outside South Korea, has "contributed significantly" for developing the S25 series of Galaxy AI.
"The ICC (International Cricket Council) Champions Trophy 2025 is a culmination of those efforts," PCB chairman Mohsin Naqvi told Reuters.
Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.
'Many were caught in a burnout race, chasing unsustainable growth without innovating.'
The PCB is upgrading the facilities at all three venues in the country as Pakistan prepares to host an ICC tournament for the first time since 1996, when they co-hosted the ODI World Cup.
In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23
The PCB asserted that the presence of ICC delegation, including broadcast, hospitality and event operations officials in the country, was an affirmation that the event is on schedule in Pakistan.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
While activity in the highway segment has been slow, the bid pipeline saw recovery in January 2024, and awards are expected to improve in Q4FY24. The national highway (NH) bid pipeline has recovered from a low of Rs 15,900 crore in December 2023 to Rs 68,400 crore at present. The NHAI's pipeline stands at Rs 66,100 crore, with hybrid annuity model (HAM), build operate transfer (BOT) and engineering procurement and construction (EPC) projects accounting for 60 per cent, 29 per cent and 13 per cent share, respectively.
DDCA will add two more practice pitches to the main square of the Feroz Shah Kotla besides replacing 15,000 old bucket seats for the ODI World Cup.
There is no impediment to normal operations as Tata Motors puts in place the demerger process of its commercial and passenger vehicles businesses. Instead, the demerger would provide greater manoeuvrability for both new entities to operate independently, according to Tata Motors management. While there may not be immediate value unlocking, it will give investors clarity about future growth and the financials across different segments.
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At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.
Despite often flying under the radar in discussions about India's all-round options, Axar Patel brings a rare skill set -- a spinner, who bashes spin with his bat, while being a reliable left-arm spinner.
By understanding the elements that rule your birth number, you can learn how to enhance your professional journey, improve your work life and grow in your career.
A PCB source said that the presence of a large International Cricket Council (ICC) delegation, including broadcast, hospitality and event operations officials, is an affirmation that the event is on schedule in Pakistan.
The Indian Navy has commissioned three new warships, INS Surat, INS Nilgiri, and INS Vaghsheer, marking a significant step in India's defense self-reliance and indigenous shipbuilding capabilities. These state-of-the-art vessels are designed and built entirely in India, showcasing the country's growing expertise in defense production. The commissioning of these warships strengthens India's position as a global leader in defense and augments its maritime strength.
Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce.
Images from Saturday's action in the Premier League.
Tata group retail firm Trent Ltd reported a 34 percent increase in consolidated net profit to Rs 496.54 crore in the December quarter, helped by the expansion of the store network and increase in attractive value propositions. The company's consolidated revenue from operations grew 34.32 per cent to Rs 4,656.56 crore during the quarter under review. Trent is also pursuing store portfolio optimization, which involves upgrading or consolidating smaller footprint stores with newer stores in more attractive micro markets.
rediffGURU Mayank Kumar, co-founder and managing director, upGrad, explains how you can skill yourself for an AI-inspired job market.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
Audi plans to focus the Indian market, including deepening market penetration and increasing sales volume.
Incomplete renovation work at Karachi Stadium worries PCB ahead of Champions Trophy
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
Pakistan Cricket Board chairman Mohsin Naqvi says the selection committee "will review" the national squad picked for the Champions Trophy even as he defended the controversial selections of batter Khushdil Shah and all-rounder Faheem Ashraf.
'Our production capacity ramp-up initiatives are expected to meet the critical requirements of our armed forces.'
As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.
A surprise late night call from India captain Rohit Sharma alerted Shreyas Iyer about replacing Virat Kohli in Thursday's first ODI against England.
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Playing his first game for India in more than six months, Shreyas Iyer stroked a quickfire 59 from 36 balls, to put India on course for an easy victory.
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rediffGURUS who are career counsellors and JEE experts are currently helping counsel engineering aspirants to prepare for upcoming entrance examinations to secure a good college.
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Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings.
After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).
Sarma, 53, has been enjoying a Z category cover provided by the Central Reserve Police Force VIP security unit for his travel in the north eastern states till now.
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