India's forex reserves jumped $4.04 billion to $698.27 billion during the week ended September 5 on the back of a sizeable increase in value of gold reserves, the RBI data said on Friday.
Mutual fund assets surged 23 per cent or over Rs 12 lakh crore year-on-year to reach a record of Rs 65.74 lakh crore in FY25, propelled by robust net inflows and mark-to-market gains amid buoyant equity and debt markets.
In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
Physical AI equips machines with the ability to perceive, learn, and act in the real world by integrating AI algorithms with sensors and actuators in physical systems like robots and vehicles.
The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
'The informal sector can grow at a 100 per cent rate -- we have to plan big.'
India's housing market has remained resilient this festival season (Dussehra-Diwali period), despite global macroeconomic challenges, tech-sector layoffs, and affordability pressures, with developers reporting 10-25 per cent year-on-year (Y-o-Y) rise in home sales across major cities.
The CMs with lowest assets are West Bengal CM Mamata Banerjee with assets worth over Rs 15.38 lakh, Omar Abdullah, CM of Jammu and Kashmir, with assets worth over Rs 55.24 lakh, and Kerala CM Pinarayi Vijayan, who has assets worth Rs 1.18 crore.
With a major network rollout on the cards, the government is not keen to change the pattern of tower monetisation for Bharat Sanchar Nigam Ltd (BSNL), officials at the state-owned telecom-service provider said. The monetisation target in the telecom sector had to be revised owing to a change in BSNL's approach to mobile-phone tower monetisation, which had shifted from a sale-based model to a lease-based one.
As the years passed, joblessness in the region increased.
Net inflows into equity mutual funds (MFs) moderated for the second straight month in September, declining 9 per cent during the month to Rs 30,422 crore. The slowdown came as redemptions from active equity schemes rose 30 per cent month-on-month (M-o-M) to a one-year high of around Rs 36,000 crore.
Private sector banks slipped in market capitalisation (mcap) during the July-September quarter, underperforming their government-owned peers as trade uncertainties dragged market sentiment, said S&P Global Market Intelligence. According to its analysis, HDFC Bank shed 4.8 per cent in mcap during the third quarter, while ICICI Bank's dropped 6.7 per cent.
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
Yash Raj Films has launched the YRF Script Cell, a platform discovering and nurturing screenwriting talent from across the world.
Balanced advantage funds (BAFs), which adjust between stocks and bonds depending on market conditions, have increased their equity holdings over the past year, with most schemes now predominantly invested in equities.
'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'
India's forex reserves jumped by $3.51 billion to $694.23 billion for the week ended August 29, the RBI said on Friday. The overall reserves had dropped by $4.39 billion to $690.72 billion in the previous reporting week.
The Indian Army is set to implement revised physical fitness norms for all personnel, from Agniveers to senior officers, with combined physical tests to be conducted twice annually. The new guidelines aim to enhance combat readiness and will take effect from April 1, 2026.
'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'
Indian Army's Director General Military Operations Lt Gen Rajiv Ghai claims Pakistan lost over 100 military personnel along the Line of Control during Operation Sindoor and at least 12 aircraft during the conflict in May.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.
2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services.
Prime Minister Narendra Modi asserted his commitment to eradicating Maoist terror from India, criticizing the previous Congress regime for allegedly supporting 'urban Naxals' and ignoring the violence they perpetrated. He highlighted the significant reduction in Maoist-affected districts and the surrender of numerous Naxalites as evidence of his government's success in combating the issue.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Karisma Kapoor was married to businessman Sunjay Kapur, and after his death earlier this year their children have dragged Sunjay's wife Priya Sachdev Kapur to court for their right share in the property.
The Securities and Exchange Board of India (Sebi) will let Category-I and-II alternative investment funds (AIFs) run a dedicated "co-investment" (CIV) scheme for accredited investors, doing away with an earlier requirement of a separate portfolio-manager licence. The rules notified on Monday are aimed at reducing compliance burden for the AIF managers.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday.
Tejashwi Yadav and Prashant Kishore claim that a group of senior Janata Dal-United leaders and retired bureaucrats, locally dubbed the 'Bhunja Party', manages the state administration on Nitish Kumar's behalf.
Rashtrapati Bhavan has introduced a new initiative, the E-Upahaar auction, to monetise valuable assets for a social cause, in alignment with a broader governmental policy, championed by Prime Minister Narendra Modi, of auctioning gifts received by dignitaries to fund welfare programmes.
'Pakistan is an ally who gives the US access.' 'If we have a presence there, it puts us that much closer to China and puts our assets closer to China and Iran.'
'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'
Delhi-born cricketer Nikhil Chaudhary set for Sheffield Shield debut for Tasmania in season 2025-26