The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
A new study reveals that past emissions from major oil, gas, coal, and cement producers will continue to impact Earth's environment for centuries, even if emissions cease today. The research highlights that the planet will remain significantly warmer than pre-industrial levels, leading to persistent climate damages and increasing the likelihood of future extreme weather events, forming the basis for accountability lawsuits against these "carbon majors."
rediffGURU Ravi Mittal explains when your partner's past relationships may matter and why you should avoid judging someone solely by their romantic history.
Israeli Prime Minister Benjamin Netanyahu made an urgent appeal to right-wing Likud voters on Tuesday, warning of high Arab voter turnout in the ongoing parliamentary election. He claimed Arab voters were "racing to the ballots" and attempting to "steal the election," echoing a controversial tactic from 2015. Netanyahu stressed the importance of every vote for the future of the "Jewish state," as Arab citizens' participation could significantly influence the political balance.
Congress leader Rahul Gandhi has voiced strong support for protesting students, asserting that their demand for the removal of Education Minister Dharmendra Pradhan is non-negotiable. He contrasted the students as India's future with Prime Minister Narendra Modi as the past, encouraging the students to continue their agitation at Jantar Mantar.
Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
Daniil Medvedev defeated Tommy Paul 6-3 1-6 6-3 to reach the Shanghai Masters semi-finals, while Rafael Jodar made history by becoming the youngest semi-finalist after beating Casper Ruud 4-6 6-4 6-3. Medvedev will face Jodar next, with Alexander Zverev and Alejandro Davidovich Fokina contesting the other semi-final.
PGTI president Kapil Dev has called on authorities to facilitate fan access to the D P World India Championship amidst ongoing protests in Delhi. He also urged Gen Z to listen to others while acknowledging their intelligence, and advocated for shorter golf formats and improved infrastructure to boost the sport's popularity in India.
The Sports Ministry has granted provisional recognition to the Indian Unisports Federation (IUSF) for university sports development, relaxing affiliation conditions. This move casts doubt on the future of the Association of Indian Universities (AIU), which has faced criticism and a show-cause notice for administrative lapses, including issues at the World University Games last year.
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
Iranian President Masoud Pezeshkian concluded his visit to India for the 18th BRICS Summit, announcing that Iran and the UAE agreed to move past previous tensions. This diplomatic breakthrough occurred during talks with Abu Dhabi's Crown Prince on the summit sidelines. Pezeshkian also met with PM Modi to discuss bilateral ties and West Asia developments, with Modi emphasising dialogue for regional peace. The BRICS summit adopted the New Delhi Declaration 2026, calling for global governance reforms and de-escalation in West Asia.
TeamLease EdTech Founder and CEO Shantanu Rooj states that the AI-driven world transition is irreversible, with regulation and cost being crucial factors determining its speed and depth. He emphasizes that while AI will transform jobs, not eliminate them, continuous learning, domain expertise, and adaptability will be key for individuals and businesses to thrive in this evolving landscape. Rooj also highlights the need for universities to adapt their curricula to prepare a future-ready workforce.
Both gold and silver investments have proved profitable in the last few years; however, there has been a marked difference in their behaviour. While gold has mostly provided smooth sailing, silver has seen volatility due to its strong association with industrial demand. In this scenario, a monthly SIP analysis provides insights into how both these investments have done over the years. An SIP differs from a lump-sum investment by making purchases at varying price levels, thus changing the overall yield dramatically.
Preeti Lobana, Google India VP, stated on Wednesday that Google views AI as an "economic equaliser" and a democratic technology. Speaking at Google Cloud Day, she highlighted AI's potential to empower businesses, especially SMEs, in India's journey towards Viksit Bharat 2047. Google has committed USD 15 billion to scale India's digital and AI infrastructure, including an AI hub in Visakhapatnam, to support the IndiaAI Mission.
Badminton legend Saina Nehwal has expressed her openness to entering electoral politics in the future, stating her desire to contribute to India's development and continue serving the nation beyond her sporting career.
India's largest private-sector lender, HDFC Bank, is undergoing a significant leadership transition with several long-serving executives, including Deputy Managing Director Kaizad Bharucha and outgoing MD & CEO Sashidhar Jagdishan, set to depart, leaving incoming MD & CEO Anup Bagchi to oversee a major overhaul.
The third edition of the Kashmir Marathon in Srinagar saw hundreds of participants, including inspiring figures like a double amputee and a 10-year-old.
India's T20 captain Shreyas Iyer stated that young batting talent Vaibhav Sooryavanshi cannot immediately join the playing XI due to the consistent performance of current openers Abhishek Sharma and Sanju Samson, who were instrumental in India's T20I World Cup win.
The Asian Football Confederation (AFC) has announced its full support for Gianni Infantino's re-election as FIFA president, despite previous disagreements over his commercial rights plan. AFC head Sheikh Salman bin Ibrahim Al-Khalifa stated the region's commitment to Infantino's leadership, who is seeking a fourth term until 2031.
WazirX founder Nischal Shetty stated, "We have outdone ourselves, but it is a journey we are still on, and there is a long way to go," reflecting on the cryptocurrency exchange's year-long journey since restarting operations after a cyberattack and restructuring.
India's venture capital equity funding for startups has remained largely flat over the past three years, with a slight increase in total funding but a sharp decline in the number of rounds, indicating a concentration of capital in fewer, larger deals, particularly in deeptech and AI sectors.
Ten-month-old Radha's future is uncertain after her mother, Muskan Rastogi, was sentenced to death for the murder of her husband, Saurabh Rajput, in the 'blue drum' case. Radha has been living with Muskan in Meerut district jail since birth, and jail authorities state there will be no immediate change due to the appeals process. The case also involves questions about Radha's paternity.
It does look at times as if Tu Hai Meri Kiran is going off the rails, but Director Karan Rawal brings it to a satisfying close, which is believable even in a fanciful set up, notes Deepa Gahlot.
India and China are in what experts call 'a cooperation-versus-competition situation'.
Kapil Dev, president of DP World PGTI, advocates for golf to shed its 'elite' image, highlighting its potential for career opportunities and relationship building. Speaking at the announcement of the 27th BT Golf season, he emphasised how corporate support and media partnerships, like that between Business Today and DP World PGTI, are crucial for increasing the sport's visibility and integrating it with corporate India. Other speakers, including PGTI chief Amandeep Johl and golfer Saptak Talwar, echoed the importance of such collaborations for the growth of golf as a sport and a business networking tool.
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
Morgan Stanley has upgraded One 97 Communications Ltd (Paytm) to Overweight, significantly raising its price target to Rs 1,950. This upgrade is driven by expectations of stronger execution in payments and financial services, leading to faster growth and improved profitability. The brokerage anticipates substantial revenue and EBITDA growth, further bolstered by potential changes to the UPI merchant discount rate framework.
Cortex DC, a company of The Chatterjee Group (TCG), announced its entry into the data centre market with plans to develop 2 GW of AI-ready capacity across India over the next seven years. The initiative aims to meet the growing demand for high-performance computing, targeting hyperscalers, cloud service providers, and advanced AI workloads with a focus on speed, scale, and sustainable power.
A Meerut court has sentenced Muskan Rastogi and her partner Sahil Shukla to death for the brutal murder of her husband, merchant navy officer Saurabh Rajput, whose dismembered body was found concealed in a blue drum filled with cement.
A 17-year-old son of an Additional Sessions Judge was taken into custody after his Mercedes-Benz car allegedly hit and killed a 54-year-old man in Kerala. The initial release on bail sparked protests, leading to graver charges and a re-arrest.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
A Meerut court has sentenced Muskan Rastogi and Sahil Shukla to death for the murder of Muskan's husband, merchant navy officer Saurabh Rajput. Rajput's dismembered body was found concealed in a cement-filled blue drum. The verdict, delivered after a 13-month trial, was welcomed by the victim's family, though it raises questions about the future of Muskan's infant daughter, Radha, who is currently in jail with her mother.
India's Krishna Nagar and Sivarajan Solaimalai secured a silver medal in the Men's Doubles SH6 badminton event at the Asian Para Games. This achievement comes as India also assured three more medals in the men's singles SL4 category, with Suhas LY, Naveen Sivakumar, and Abhijeet Sakhuja advancing to the semifinals.
Mukesh Ambani fought back tears as his three children, Akash, Isha, and Anant Ambani, took the stage at the stock market listing of Jio Platforms Ltd, marking an emotional moment that signals the next generation's readiness to lead one of India's largest corporate empires.
Manipur Chief Minister Y Khemchand Singh felicitated three state hockey players who won gold at the 20th Asian Games 2026 in Japan. The players, including Sanglakpam Nilakanta Sharma, Pukhrambam Sushila Chanu, and Kharibam Bichu Devi, discussed employment opportunities and the state's sports policy with the CM.
Paralympic champion Navdeep Singh is appealing for the inclusion of men's F41 javelin throw in the Los Angeles 2028 Paralympics. Faced with uncertainty, he has also taken up shot put, winning a national gold, and is now training for both events to keep his options open. He expresses disappointment over the potential exclusion of javelin but embraces the challenge of learning a new discipline while maintaining his consistency in performance.
Former Australian cricketer Matthew Hayden has commented on Rohit Sharma's future in international cricket, particularly concerning the 2027 World Cup. Hayden believes Sharma's decision will hinge on his continued hunger and energy, given his retirement from Tests and T20Is, and the demanding schedule of both IPL and ODI cricket. Despite age-related questions, Sharma has continued to deliver strong performances, notably a century against England.
Active and passive funds offer different advantages across market-cap segments, making a mix of both a sensible portfolio strategy.
Ajay Devgn celebrates a career milestone as his latest film, Drishyam: The Conclusion, shatters box office records by crossing the Rs 300 crore mark in a mere 10 days.
