The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).
Russian chess great Vladimir Kramnik has sued world chess governing body FIDE for defamation in a Swiss civil court after he became the subject of an inquiry for allegedly harassing players.
Programming + AI along with strong fundamentals of computer science is one of the safest and most powerful careers for the next 20 years, says rediffGURU Mayank Chandel.
The Bangladesh Cricket Board said the ICC has "conveyed willingness to work closely" with it to address concerns related to the team's participation in the T20 World Cup.
The RBI has flagged concerns over rising volatility in gold prices and advised lenders to exercise caution in the gold loan segment.
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.
Dabur's business update for Q3FY26 indicated mid-single digit consolidated revenue growth. The guidance is that growth in operating and net profits will beat revenue growth. In the domestic business, home and personal care (HPC) revenue grew in double digits, while healthcare is likely to post a sequential growth in low-single digits.
The Summer Research Fellowship Programme 2026 is a merit fellowship offered to students and teachers to pursue research in science, engineering and medicine.
'Stay invested but progressively reduce risk. Beyond a point, the objective should shift from maximising returns to avoiding unpleasant surprises.'
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
January has a rich slate of web series and movies on the OTT platform. Joginder Tuteja gives us a quick look.
Shaw's brief stay ended at 1 off 5 balls, caught by Deepraj Gaonkar off Arjun's bowling.
Shreyas Iyer marked his return from injury in style, smashing a fluent 82 off 53 balls in the Vijay Hazare Trophy one-day match in Jaipur on Tuesday.
Authorities in Kashmir have initiated a profiling process of mosques, madrassas, and individuals associated with their management following the exposure of a 'white collar' terror module. The enumeration drive focuses on the finances of these institutions and the backgrounds of their personnel.
Riyan Parag resumes batting in nets
'Should China's interest in the Teesta River projects be approved, it would likely result in heightened Chinese presence near the Siliguri corridor.'
'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'
'We hope we will be able to at least end crashes that involve collisions with stationary vehicles as there will be an automatic warning.'
Retail sales of vehicles across categories in India in 2025 grew by 7.71 per cent at 2,81,61,228 units as compared to 2,61,45,445 in 2024, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Tuesday.
Following the gas leak and the subsequent fire, senior officials of the Oil and Natural Gas Corporation (ONGC) from Rajahmundry rushed to Mori village, where the blaze broke out at Well Mori-5, the official said.
A top executive of Sigachi Industries has been arrested in connection with the explosion at its pharma plant in Telangana in June, which resulted in 54 deaths.
Fund managers advise conservative investors to cap midcap exposure at 10 to 15 per cent of their equity portfolio.
To meet its $50-billion export target by 2030, the Uttar Pradesh government is looking to significantly scale up services sector, with a focus on Information Technology (IT) and Global Capability Centres (GCC) domains. Under the UP Export Promotion Policy 2025-30, the state aims to raise goods and services exports from $21 billion in 2024 to $50 billion by 2030.
Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.
'The Maoist leadership spread fear that surrender meant torture or death. Once that false narrative collapsed and our operations proved transparent and credible, the surrender momentum became irreversible.' 'From 42,000 square kilometres, Maoist activity is now confined to barely 500-600 square kilometres -- less than two per cent of Bastar. This is their last remaining base area.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The passing of bills without Parliament, including the treasury benches, having any real understanding of what they contained through any rigorous process has accelerated through the Modi era, points out Aakar Patel.
As Tamil Nadu gears up for elections, a clash of films with distinct political ideologies is set to unfold at the box office, mirroring the rivalry between political parties.
While investments are typically reviewed annually, risk cover is often left unchanged for years.
Congress leader Shashi Tharoor addresses concerns about his recent statements, asserting his alignment with the party's principles and goals.
Earlier, Congress leader and Karnataka Minister Priyank Kharge criticised the Bharatiya Janata Party (BJP) for its criticism of the IPL franchise, saying overseas players participate in the tournament in accordance with BCCI and IPL rules.
With medical inflation hovering at around 13-14 per cent annually, policyholders must reassess their sum insured once every two years.
Following the death of 22 children due to consumption of contaminated cough syrups in Madhya Pradesh three months ago, the Union health ministry has proposed amendments in the country's drug rules to ensure a tougher criterion for their over-the-counter (OTC) sales in India.
The highest number of requests was reported for the purchase or construction of residential houses, which stood at 172,625, of which 155,236 were settled, involving an amount of Rs 1,327.91 crore partial withdrawals under the National Pension System (NPS) in FY 2024-25, according to data from the Pension Fund Regulatory and Development Authority (PFRDA) annual report released this month.
Bangladesh's Prime Minister Sheikh Hasina expressed condolences over the death of Khaleda Zia, acknowledging her role in the country's political history and contributions to democracy.
Largecap equity funds remain suitable for conservative and moderate risk-taking investors seeking relatively stable returns.
The Commission for Air Quality Management (CAQM) has revoked restrictions imposed under GRAP 3 in Delhi-NCR following improvements in air quality. Non-essential construction and demolition activities are now allowed to restart, and restrictions on vehicles have been lifted.
'This area is gripped by superstition. Rumours about witchcraft lead to unfounded accusations and atrocities like this.'
ICICI Bank on Thursday said tax authorities have slapped a demand notice of Rs 238 crore on it for alleged short payment of GST.
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