Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.
Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis.
The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.
The Pakistan government has revoked the two-year ban imposed on national hockey team skipper Ammad Shakeel Butt by the Pakistan Hockey Federation (PHF), deeming the ban illegal and unconstitutional. This decision follows Butt's criticism of the PHF's mismanagement during the recent Australia tour, which led to logistical nightmares for the team.
Both countries commit to provide each other preferential market access in sectors of respective interest on a sustained basis
The ejection of Ukrainian skeleton racer Vladyslav Heraskevych from the Winter Games over his "helmet of remembrance" has put the spotlight on rules over where athletes are not allowed to express themselves on political matters at the Olympics.
The Supreme Court is reviewing the detention of climate activist Sonam Wangchuk after his wife, Gitanjali J Angmo, alleged that key video evidence used to justify his detention was not properly presented to him.
Delhi High Court allows skier Manjeet to initiate contempt proceedings against an IOA official over alleged misquoting of court order in Winter Olympics selection row.
India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.
'The unexpected turn of events and assertion of sovereignty by the Taliban has baffled the Pakistan security establishment.'
The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.
The SC has gone a step further to state that even if one were to not apply the codified GAAR provisions, the judicial GAAR would continue to apply, point out Pranav Sayta and Bhargav Selarka.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate sentiment in the stock market next week, even as investors may remain cautious amid ongoing volatility, according to analysts.
'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a two-fold jump in consolidated net profit to Rs 6,603 crore in the December quarter of FY'26, on a year-on-year basis, driven by a one-off positive impact from the demerger of its ice cream business.
With TDP and YSRCP trying to score political points, the sacred laddu may well create a storm in days to come.
PCB chairman Mohsin Naqvi said Pakistan's decision to boycott their T20 World Cup match against India was aimed solely at securing "respect" for Bangladesh.
After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.
India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.
The trailer of the film, produced by Vipul Amrutlal Shah and directed by Kamakhya Narain Singh, released on Tuesday and landed straight into controversy. It tracks the stories of three Hindu women from three different states going against their families to marry Muslim men and then being forced to convert.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The upcoming Hindi film 'The Kerala Story 2: Goes Beyond' is embroiled in controversy, similar to its predecessor, with accusations of hate propaganda and defenses of legitimate concern over religious conversion.
Ireland, after two consecutive defeats, will look to captain Paul Stirling for inspiration as they seek their first victory against Oman in a T20 World Cup Group B match.
Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.
India's eight key infrastructure sectors registered a four-month high growth rate of 3.7 per cent in December last year, driven by a jump in the output of fertiliser and cement, according to official data released on Tuesday.
'The problem is not just slower growth, but also the quality of growth.'
Saundala village in Maharashtra's Ahilyanagar district has passed a resolution declaring itself 'caste-free' to eliminate discrimination and promote equality.
Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.
All along, we were told SIR was an essential exercise carried out as part of the Election Commission's regular duties. But now that the ideological mentor of the ruling party has declared that SIR is a means of detecting infiltrators, one understands the unseemly haste with which it is being carried out, notes Jyoti Punwani.
Shai Hope praises West Indies' squad depth after a nine-wicket win over Nepal seals Super Eights berth in the T20 World Cup, with Jason Holder and Matthew Forde starring.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
With the worst in terms of pricing pressures behind Tata Steel, its outlook is expected to improve. Europe has seen hot rolled coil prices rise this January after the European Union's (EU's) carbon border adjustment mechanism (CBAM) kicked in and further price improvements may be on the cards once import quotas come into play in June.
Vidarbha failed to advance on basis of the bonus points after it finished level on points with Andhra and Jharkhand.
Brokerages were divided on Bajaj Finance after its 2025-26 (FY26) third-quarter (October-December/ Q3) results, with a few raising targets on valuation comfort, while others flagged concerns over the credit cost trajectory.
'My argument was straightforward: If the Constitution allows this reservation and SC/ST and OBC candidates are already getting reservation in private institutions -- backed by Constitution Bench orders -- then not extending the same to EWS candidates directly violates the 103rd Amendment and Article 14, which guarantees the right to equality.'
A strong third-quarter (October-December/Q3) performance for 2025-26 (FY26) has helped the stock of India's largest listed pharmaceutical (pharma) company, Sun Pharmaceutical Industries, gain about 7 per cent since the start of February.
'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'
US and India will promptly implement this framework and work towards finalising the interim agreement with a view to concluding a mutually beneficial bilateral trade agreement.
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