Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
'They thought nobody would hit Bahawalpur and Muridke because they have nuclear weapons.' 'They used to think India cannot touch our military targets because we are a nuclear weapons country.' 'After Operation Sindoor we have called their bluff.'
Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'
'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'
A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. However, import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, they stated.
The Supreme Court has directed the Election Commission to provide details regarding the 3.66 lakh voters excluded from Bihar's final electoral roll after a Special Intensive Revision (SIR) exercise. The court's direction came after concerns were raised by petitioners about the lack of notice or reasons given to the excluded voters.
You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.
'Legally clean farmland is difficult to find. It requires time, money, and legal effort to verify the title.'
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Amid rising tensions between India and Pakistan, the US has called on both countries "not to escalate" the conflict. Secretary of State Marco Rubio is expected to speak with the foreign ministers of Pakistan and India as early as today or tomorrow. The US State Department said Washington is reaching out to both India and Pakistan "regarding the Kashmir situation" and telling them "not to escalate the situation."
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
The Supreme Court has upheld the deletion of the 'waqf by user' provision in the amended waqf law, stating it is not arbitrary and addresses potential misuse.
Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.
The Supreme Court has raised concerns about discrimination against persons with disabilities in employment, questioning the Centre on the lack of 'upward movement' for meritorious candidates. The court also ordered nationwide monitoring of care institutions for persons with cognitive disabilities.
SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.
With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Muthoot Finance outperformed in the April-June quarter (Q1) of 2025-26 (FY26), with its assets under management (AUM) growing 10 per cent quarter-on-quarter (Q-o-Q) and 42 per cent year-on-year (Y-o-Y), an improvement of 88 basis points (bps) Q-o-Q in net interest margin (NIM), and a fall in credit cost. Gold AUM rose 40 per cent Y-o-Y and 10 per cent Q-o-Q. The company recorded recoveries of 350 crore, including 100 crore from an asset reconstruction company (ARC), resulting in a 100-bp Q-o-Q yield increase.
In what was perhaps the most critical meeting before full-scale war broke out, Shastri defined India's immediate war objectives to his defence minister, army, and air force chiefs: 'To defend against Pakistan's attempts to grab Kashmir by force and to make it abundantly clear that Pakistan would never be allowed to wrest Kashmir from India; To destroy the offensive power of Pakistan's armed forces...' A fascinating excerpt from Shiv Kunal Verma's must-read 1965: A Western Sunrise India's War With Pakistan.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.
The India Meteorological Department (IMD) has predicted above-normal rainfall across India in June, with most parts of the country likely to experience normal to below-normal maximum temperatures. The IMD also anticipates above-normal minimum temperatures across most of the country, except for some parts of central India and the adjoining south peninsula. The southwest monsoon reached Kerala on May 24, marking its earliest arrival over the Indian mainland since 2009. The monsoon is crucial for India's agriculture-dependent economy, providing vital water for crops and supporting drinking water and hydropower generation.
In what can be construed as a relief to the BCCI, the Sports Ministry has amended the RTI-related provision of the National Sports Governance Bill, placing only those bodies under its ambit which rely on government grants and assistance.
The Gujarat Anti-Terrorist Squad (ATS) has busted a terror module and arrested four individuals for allegedly promoting the ideology of Al-Qaeda in the Indian Subcontinent (AQIS). The arrests were made in a multi-state operation, with the accused involved in sharing radical content on social media to incite violence and establish 'sharia' law in India.
'The BJP will win comfortably if the Congress and AAP fight separately -- though not with 162 seats.' 'But if they form an alliance, it will become a major problem for the BJP. That's precisely why this expansion is happening now.'
Investors may wait for six months and then take another look at the stock.
'This type of comprehensive legislation has never been introduced before in Parliament's history.' 'A bill that simultaneously affects ministers, chief ministers, and the prime minister represents completely uncharted Constitutional territory.' 'Throughout our nation's legislative history, the established policy has consistently held that public office holders should face punishment only after receiving conviction from a competent court of law. Without this safeguard, we risk systematic destabilisation, and our federal structure would face complete collapse.' 'Any central government could potentially deploy this legislation against state governments they oppose politically. This represents the most frightening prospect and dangerous possibility that these bills create.'
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.
Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.
The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.
West Bengal Chief Minister Mamata Banerjee criticizes Delhi Police for referring to Bengali as 'Bangladeshi national language,' sparking political controversy.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
When the country has been at war, the Opposition has buried its differences with the government, points out Aditi Phadnis.
Dhankhar, who represented the Kishangarh Assembly constituency as a Congress MLA from 1993 to 1998, received pension as a former legislator until July 2019. It was discontinued after he was appointed the governor of West Bengal.
A former Bangladesh army officer and close aide of Chief Adviser Muhammad Yunus has suggested that Dhaka should collaborate with China to occupy India's northeastern states if it attacks Pakistan in response to the Pahalgam terror attack. Bangladesh's interim government has distanced itself from the remarks made by Major General (Retd) ALM Fazlur Rahman on his social media account. Rahman's comments come amidst growing tensions between India and Bangladesh following Yunus' remarks in China about India's northeastern states being landlocked and needing Bangladesh's access to the ocean. These incidents have further strained relations between the two countries, with India withdrawing transhipment facilities granted to Bangladesh for exporting goods to the Middle East, Europe, and various other countries.
Additionally, rates in the aviation sector are also expected to increase due to huge claim outgo in the Air India crash.
