Tata Sons has the balance sheet to support them, for now.
Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
Devastating flash floods in Nepal's Bhote Koshi River, triggered by a glacier or ice rock collapse, have resulted in 175 recovered bodies and hundreds missing, including tourists. India has promptly responded by providing 10 tons of humanitarian aid and medical supplies, with Prime Minister Narendra Modi conveying condolences and assuring full support to Nepal.
Jharkhand Loktantrik Krantikari Morcha (JLKM) leader Devendra Nath Mahto was allegedly prevented by police from joining a Tiranga Yatra while on his 14th day of an indefinite hunger strike against alleged irregularities in state recruitment examinations. Meanwhile, Chief Minister Hemant Soren assured the public that his government is committed to ensuring transparency in examinations conducted by the JPSC and JSSC.
The death toll from flash floods in central Nepal has surged to 734, with nearly 2,500 people still missing. India has intensified its rescue and relief efforts, sending additional aid, technical teams, and forensic experts, while also working to locate and rescue over 275 missing Indian nationals.
Following devastating flash floods in Nepal, experts are calling for systematic scientific assessments of glaciers to understand and mitigate hazards, alongside the development of a robust land use policy for the Himalayan region. The floods, which killed over 460 people and left thousands missing, are believed to be linked to climate change impacts on glaciers and permafrost.
The administration has sounded a high alert in Maharajganj and Kushinagar districts of Uttar Pradesh, while stepping up the monitoring of the Gandak and other water bodies downstream of rivers in Nepal, following devastating flash floods in the neighbouring country that have killed more than 350 people and left thousands missing.
'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
Bihar and Uttar Pradesh are on high alert following devastating flash floods in Nepal's Gandak river system, prompting emergency measures including evacuations and continuous monitoring by central and state authorities.
An Indian-flagged merchant vessel, MSV Faize Noore Oliya, with 13 Indian nationals aboard, was attacked off the coast of Yemen in the Red Sea. All 13 Indian crew members have been successfully rescued, and India has condemned the attack, calling for an end to targeting commercial shipping in the region.
Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.
India on Tuesday conveyed to China the importance of maintaining peace and tranquility along the Line of Actual Control (LAC) for overall bilateral ties as national security advisor Ajit Doval held talks with Chinese Foreign Minister Wang Yi focusing on delimitation of the frontier and sustaining work on trans-boundary cooperation.
Prime Minister Narendra Modi has highlighted the risks posed by the 'weaponisation' of resources and strategic sea routes, urging India to achieve greater self-reliance in energy to mitigate vulnerabilities to overseas supplies and geopolitical tensions.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
Gautam Gambhir, India's head coach, dismisses criticism over recent poor results, stating his sole focus is on winning trophies for the country.
Bangladesh has once again sought the extradition of former premier Sheikh Hasina from India during High Commissioner Dinesh Trivedi's first meeting with Prime Minister Tarique Rahman in Dhaka, amidst fresh strains in ties between the two countries following Hasina's controversial virtual media interaction in New Delhi.
UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
Sara Tendulkar has never really been a corset girl. But if her latest Vogue India cover shoot is anything to go by, she may have just found her newest fashion obsession.
'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'
Indian High Commissioner to Bangladesh, Dinesh Trivedi, highlighted the importance of dialogue in resolving bilateral issues between India and Bangladesh, expressing optimism for Prime Minister Tarique Rahman's visit to India. His remarks come amidst diplomatic strains over Bangladesh's demand for the extradition of deposed prime minister Sheikh Hasina, whose virtual media interaction from New Delhi caused outrage in Dhaka.
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
The Supreme Court has emphasised the need for timely investigations and conclusions of criminal cases involving illicit money in elections. Observing that black money compromises democracy and the rule of law, the court issued several directives, including reporting seizures to competent authorities within 24 hours, completing investigations within a year, and submitting quarterly status reports to the Election Commission. The ruling also mandates High Courts to designate special courts for expeditious disposal of cases against candidates and requires High Court approval for withdrawing cases.
rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.
External Affairs Minister S Jaishankar met his Chinese counterpart Wang Yi in Manila, reiterating that peace and tranquillity in border areas are prerequisites for normal India-China relations. He stressed the importance of mutual respect, interest, and sensitivity, while also raising concerns about market access, trade imbalance, and supply chain uncertainties.
'They want to sabotage the caste census and bury Muslim backward classes, Hindu backward classes, Sikh backward classes and Buddhist backward classes.'
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.
FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.
FIFA has announced it will proceed with its consultation process to bring private investment into the World Cup and other tournaments, despite strong opposition and a boycott threat from UEFA. The plan involves creating a $20 billion subsidiary, FIFA Forward Enterprise, to manage commercial and event operations, offering external investors up to 20% stakes.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
In her latest advisory, rediffGURU Anu Krishna, a mind coach and co-founder of Unfear Changemakers counsels how to control and respond without compromising one's dignity or mental well-being.
India is currently examining Bangladesh's request for the extradition of former prime minister Sheikh Hasina, who has been living in India since her government's collapse in August 2024, with New Delhi confirming the issue is being processed according to established procedures.
