In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.
Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.
The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.
Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.
Multiple terror attacks in Pakistan's Khyber Pakhtunkhwa province during Ramazan have resulted in the deaths of security personnel, while security forces in Balochistan have killed several rebels in response.
The country's exports rose marginally by 0.61 per cent to $36.56 billion in January, while trade deficit widened to a three-month high of $34.68 billion, government data showed on Monday.
Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.
Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.
Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.
Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.
Google CEO Sundar Pichai highlighted the transformative potential of AI at the India AI Impact Summit, emphasizing its role in scientific discovery, economic development, and workforce evolution.
'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'
Indian badminton star PV Sindhu and her coach were stranded at Dubai International Airport following an explosion near their location, triggered by escalating tensions in the Gulf region.
Afghans have deep self-respect and are the last people to put up with humiliation. Is it any surprise that relations between Afghanistan and Pakistan have touched an all-time low and the two countries are now at war? asks M R Narayan Swamy.
Prime Minister Narendra Modi inaugurated the Meerut Metro and Namo Bharat train, enhancing urban and regional connectivity in Uttar Pradesh and Delhi.
Vertex Group has launched its 'Responsible AI Lab' with a Rs 100 crore investment in research and development, focusing on ethical, transparent, and accountable AI solutions for businesses.
Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.
A man in Gurugram was arrested for allegedly defrauding a hotel by using a fake payment application to create screenshots of payments totaling Rs 6 lakhs, allowing him to stay for five months without paying.
The seventh edition of Bengaluru GAFX, a major AVGC-XR conference and exhibition, will be held from February 27, showcasing advancements in animation, visual effects, gaming, comics, and extended reality.
A Russian intelligence agency has claimed that the UK and France are covertly planning to transfer nuclear weapons to Ukraine, alleging a violation of international law.
Following a joint attack by the US and Israel on Iran, India is calling for restraint and de-escalation to avoid further military confrontation in the Middle East.
'When young doctors see limited protection, unpredictable careers and an absence of institutional support, they hesitate.'
RSS chief Mohan Bhagwat stated that the Sangh focuses on individual development to build a strong society and nation, rather than practicing Hindutva politics. He emphasized the importance of unity, devotion to the motherland, and the need for women's equal participation in governance.
Base revisions are technical exercises, but history shows they can significantly reshape the narrative around India's growth performance.
Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.
While this doesn't mean that air travel is now a breeze, what it does mean is that you now have more rights and more control over your money.
With its Battery-as-a-Service (BaaS) model Tata Motors just redrew the EV battle lines, says Rajesh Karkera/Rediff.com
A woman in Meerut has been arrested and her daughter booked for allegedly spying for Pakistan's ISI and residing in India without valid citizenship.
The Supreme Court has directed all states and Union territories in India to develop a time-bound protocol for improving the functioning of open prisons, ensuring they serve as effective institutions for reformation and rehabilitation.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
The Supreme Court has urged political leaders to promote fraternity while declining to entertain a PIL seeking guidelines on political speeches, emphasizing the need for objectivity and even-handedness in addressing concerns about hate speech and constitutional values.
Rental Family explores a simple question: If you pretend to care for long enough, when does it start to feel real? Mayur Sanap gives us a closer look.
'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'
'The unexpected turn of events and assertion of sovereignty by the Taliban has baffled the Pakistan security establishment.'
Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.
Prime Minister Narendra Modi announced the replacement of Edwin Lutyens' statue at Rashtrapati Bhavan with one of C Rajagopalachari, emphasizing a move away from colonial symbols and towards honoring Indian leaders.
rediffGURU Pankaj Vyavahare, career counsellor and life coach, explains how you can survive in the age of AI.
Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?
The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.
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