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.
Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load
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'The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.'
Kash Patel, President Donald Trump's nominee to lead the FBI, told lawmakers that he has faced racism while growing up. During his confirmation hearing before the Senate Judiciary Committee, Patel said he had been subjected to threats after his personal information was released by Congress. Patel said he was called a "detestable sand nigger" and told to "go back to where you came from." He said his family members, including his father and mother, were present at Capitol Hill during the hearing. Patel said his father fled Idi Amin's genocidal dictatorship in Uganda, where 300,000 men, women and children were killed based on their ethnicity. He said his mother is originally from Tanzania. Patel said he believes that people who put politics and personal ambition over service to the country should be named and that Americans deserve transparency.
The Supreme Court has allowed certified manufacturers to produce green crackers, but restricted their sale in Delhi-NCR without approval. The court has asked the Centre to review the ban on firecracker manufacturing in the region.
Rishab Shetty's Kantara Chapter 1 is an ambitious, bold update of the ideas of the first film in a much bigger canvas, discovers Arjun Menon.
Amid chants of 'Jai Mata Di', the pilgrimage to Mata Vaishno Devi shrine atop Trikuta hills resumed in Jammu and Kashmir's Reasi district on Wednesday, after a suspension of 22 days due to a devastating landslide that claimed 34 lives and injured 20, officials said.
The statement, made during a special interview with Tolo News, came days after the US President said that Washington was trying to regain control of the base, which is currently under the control of the Taliban government after the US and its allied troops withdrew from the country in 2021.
S L Bhyrappa, who passed into the ages last week, remains an enigma, with his clear and unwavering voice resonating through his writings. Standing apart from the literary trends over the course of the last fifty years, he succeeded in establishing his own style, sensibility and creative tradition, points out Shridhar C R.
'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'
The Supreme Court has put on hold several key provisions of the Waqf (Amendment) Act, 2025, including the clause that only those practicing Islam for the last five years can dedicate a property as Waqf. The court also addressed the powers of collectors and non-Muslim participation in Waqf Boards.
The Supreme Court will also hear similar pleas related to permanent commission from the Indian Navy, followed by the Indian Air Force and Coast Guard.
'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'
The Supreme Court acknowledged a clean chit from a special investigation team (SIT) regarding the Vantara zoological rescue and rehabilitation centre in Gujarat's Jamnagar, following allegations of irregularities.
A police report has been filed against a 31-year-old man named Rashid, a father of two, who is accused of repeatedly raping the girl and blackmailing her to continue sexual relations. The accused was arrested on Saturday.
The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
'I always say that if Mohanlal was not there, Priyadarshan would not have been there.'
The Centre on Monday decided to extend the ban imposed on the National Socialist Council of Nagaland-Khaplang [NSCN-K)] along with all its factions, wings and front organisations for five more years due to its involvement in activities prejudicial to the sovereignty and integrity of India.
Supreme Court judge Justice K Vinod Chandran on Monday recused from hearing a plea seeking directions to authorities to investigate allegations made by US short seller Viceroy Research that billionaire Anil Agarwal's mining conglomerate was "financially unsustainable" and posing severe risk to creditors.
The Centre has denied any discrimination in granting permanent commission to Short Service Commission (SSC) women Army officers compared to their male counterparts, assuring the Supreme Court that all parameters are being duly followed.
Immigration attorneys and companies are advising H-1B visa holders to return to the US immediately due to concerns over President Trump's plan to impose a USD 100,000 fee on the work visas.
A Delhi court has granted Lok Sabha MP Engineer Rashid, currently jailed on terror funding charges, permission to vote in the upcoming Vice Presidential election.
Trump further told Fox News that he spoke to Kirk's family members who want to keep his nonprofit organisation Turning Point USA going.
These platforms carry with it the solemn duty of accountability to hold, otherwise it will imperil both the rule of law and the fabric of social harmony, the court observed.
Loan against fixed deposit is cheaper and comes with fewer charges.
'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'
Activist Umar Khalid has appealed to the Supreme Court against the Delhi High Court's decision to deny him bail in a case under the Unlawful Activities (Prevention) Act (UAPA) related to the alleged conspiracy behind the February 2020 Delhi riots.
A court in New Delhi on Saturday granted bail to Gaganpreet Kaur, the key accused in the BMW incident, saying the accident's CCTV footage showed the allegation of culpable homicide was on a 'fragile foundation'.
'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
Or will he just repeat what we all know on the new GST rates - worked out under desperation and which become effective tomorrow?" Congress leader Jairam Ramesh said.
rediffGURU T S Khurana answers readers' personal income tax queries.
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit.
The peace plan included that Gaza will be a deradicalised, terror-free zone that does not pose a threat to its neighbours and will be redeveloped for the benefit of the people of Gaza. The peace plan stated that if both sides agree to this proposal, the war will immediately end. Israeli forces will withdraw to the agreed upon line to prepare for hostage release.
The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.
Gangster-turned-politician Arun Gawli was released from Nagpur Central Jail after the Supreme Court granted him bail in a 2007 murder case. He had been serving a life sentence for the murder of a Mumbai corporator.
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