'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
Justice Abhay S Oka, known for his unwavering commitment to liberty and constitutional values, bid farewell to the Supreme Court of India. In his final address, he stressed his dedication to upholding constitutional liberties, emphasizing that it was his "honest endeavor" to fulfill the dream of the Constitution's framers. He also expressed gratitude to the bar and his colleagues for their support and shared heartfelt memories from his time on the bench. Justice Oka's departure marks the end of a distinguished judicial career spanning over two decades, during which he served as a judge of the Bombay High Court, Chief Justice of the Karnataka High Court, and ultimately, as a Supreme Court justice.
Listed paint majors posted another lacklustre showing in the January-March quarter (Q4) of 2024-25 (FY25), with average revenue growth under 3 per cent. Sales were weighed down by Asian Paints - the market leader and the only major to report a year-on-year (Y-o-Y) decline.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.
The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.
The high point of the 19 Shastri months was the 22-day war that he fought against great odds and won in principle, even if military historians often call it a stalemate. Pakistan saw a great opportunity to conquer Kashmir and lost. It was the last time they had the relative strength militarily and diplomatically to take Kashmir. Shastri's resolve buried that dream forever, points out Shekhar Gupta.
'Every decision India makes along the LoC, it must also consider implications along the LAC.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The interplay between domestic and foreign capital will shape India's equity markets.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The January-March quarter (Q4) results for 2024-25 (FY25) from the country's largest passenger vehicle (PV) maker, Maruti Suzuki India (MSIL), were a mixed bag, with revenues broadly in line but operating profit missing Street expectations. Given cost pressures, margins at the operating level were the lowest in the past seven quarters.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks.
Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.
'Investors should continue with their SIPs, especially during market corrections.' 'For those looking to start new SIPs, beginning with large-cap funds is a prudent strategy, followed by flexi-cap and value-oriented approaches.'
Pharma major Dr Reddy's Laboratories delivered a muted operational performance in the fourth quarter of financial year 2024-25 (Q4FY25), even as revenue growth remained healthy. Lower gross margin performance and muted domestic growth are key concerns. Most brokerages have a "Sell" or "Reduce" rating as there are uncertainties related to the development of a new product portfolio and the launch timelines.
India's Sports Minister Mansukh Mandaviya launched the Digilocker facility for athletes, making it mandatory for national federations to digitise certificates and other essential documents of sportspersons within the next year. The initiative, launched in the presence of representatives from 40 National Sports Federations, aims to ensure hassle-free record-keeping and prevent exploitation of athletes. The cloud-based platform, developed by Digital India Corporation (DIC), allows for storage and verification of documents. The ministry has also announced that physical certificates will no longer be considered valid after one year.
The Congress on Monday distanced itself from the controversial comments of some of its leaders on the Pahalgam terror attack, saying that only the recent CWC resolution and the views expressed by AICC chief Mallikarjun Kharge, Rahul Gandhi and authorised AICC office-bearers represent its position. The opposition party's assertion comes in the wake of remarks by leaders like Vijay Wadettiwar, Mani Shankar Aiyar, Shashi Tharoor, Tariq Hameed Karra and Saifuddin Soz that have triggered a row, with the BJP alleging that some from the opposition party were speaking "Pakistan's language".
While the BJP received the highest amount, securing Rs 1,685.63 crore, the Congress received Rs 828.36 crore, and the Aam Aadmi Party (AAP) Rs 10.15 crore.
The Indian Ministry of Health has banned all forms of tobacco and alcohol promotions, including surrogate advertisements, during the IPL.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Supreme Court on Monday directed uniform pension benefits for all retired high court judges, irrespective of their mode of appointment or tenure, saying "one rank one pension has to be the norm in respect of a constitutional office".
Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.
Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.
EPS' acceptance of Amit Shah's proposal for an electoral alliance with the BJP is being interpreted to mean how the AIADMK has signed up the NDA national leader as a junior partner. Not many have appreciated EPS for this strategic move that has now forced the BJP to play second fiddle to the AIADMK. This has meant that the BJP has buried its ambitions of capturing power in Tamil Nadu now, and is willing to wait until after the 2029 Lok Sabha polls, observes N Sathiya Moorthy.
The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.
A deadly terror attack targeting tourists in Jammu and Kashmir's Pahalgam on Tuesday drew strong condemnation and outrage. 26 people, including two foreigners and two locals, were killed in the attack, which is the deadliest in the Valley since the Pulwama strike in 2019. Prime Minister Narendra Modi asserted that the perpetrators will not be spared and their evil agenda will never succeed. Opposition leaders demanded accountability, claiming the government's claims of normalcy in Kashmir have fallen flat.
Here's what you must know about the new rule, its implications, and whether it affects taxpayers' rights and privacy.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
'The BJP has killed public anger. They have killed people's self-respect.'
A new report, "India Justice Report 2025", highlights the stark gender disparity in India's police force, with less than 1,000 women holding senior positions like Director-Generals and Superintendents of Police. Despite growing awareness about the need for gender diversity in law enforcement, not a single state or Union Territory has met its target for women's representation in the police force. The report also emphasizes the significant challenges faced by the justice system as a whole, including infrastructural deficiencies, overcrowding in prisons, and inadequate staffing levels. The report calls for systemic reforms to address these issues and ensure a more equitable and accessible justice system for all.
Hindalco's India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis.
The Supreme Court of India has asked petitioners in two Public Interest Litigations (PILs) to make representations to the Election Commission of India (ECI) regarding their demand for uploading polling booth-wise voter turnout data on the ECI website. The PILs, filed by TMC MP Mahua Moitra and NGO Association for Democratic Reforms, seek a direction for the ECI to upload the data within 48 hours of the conclusion of polling in Lok Sabha and assembly elections. The ECI, represented by senior advocate Maninder Singh, expressed willingness to deliberate on the matter and suggested a meeting with the petitioners to address their concerns. The court has adjourned the hearing to the week of July 28.
Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.
