Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
Ferrari have secured Charles Leclerc's future with a long-term contract extension ahead of the Monaco Grand Prix, reaffirming their commitment to the Monegasque star as he continues his title challenge in Formula One.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
An anti-terrorism court in Pakistan's Punjab province has sentenced Al-Qaeda operative Sadiq Akbar to 31 years in jail for plotting a terror attack. Akbar was arrested in Sahiwal with explosive materials and IED components, having travelled from Khyber Pakhtunkhwa to carry out the attack on his group's orders.
The National Anti-Doping Act will be modified to criminalise trafficking and distribution of prohibited substances to athletes, with jail terms of up to five years for suppliers.
State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.
A 23-year-old British Sikh man has been sentenced to life imprisonment for the murder of a teenage student in Southampton, with the judge highlighting the racial tensions the case has ignited across the UK.
A court in Mizoram's Aizawl district on Tuesday sentenced two Border Security Force (BSF) jawans to 42 years of rigorous imprisonment for raping a woman and attacking her with acid in 2017.
Gianni Infantino confirms he will seek a fourth term as FIFA president, with elections set for 2027 amid ongoing expansion reforms and criticism.
Gujarat's Director General of Police Gyanendra Singh Malik describes the devastating Air India crash in Ahmedabad a year ago, which killed 260 people, as the 'most painful' chapter of his career, highlighting the unprecedented speed of the emergency response and DNA identification process.
US Ambassador to India Sergio Gor revealed that President Donald Trump views Prime Minister Narendra Modi as 'a friend' and is deeply committed to enhancing cooperation with New Delhi, highlighting their personal equation as a crucial factor in advancing bilateral ties.
Confusion arose regarding the hospitalisation of TMC leader Abhishek Banerjee after he complained of pain following an alleged attack. Despite initial reports suggesting superficial injuries, Banerjee was admitted to the ICU, leading to allegations of political interference in his medical treatment.
Himanta Biswa Sarma was sworn in as the chief minister of Assam for a second consecutive term, along with four other ministers, marking the formation of the third successive NDA government in the state.
Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.
The court directed Asaram to surrender in view of the conviction. He is currently out on temporary bail, which was extended by seven days on Monday.
Prime Minister Narendra Modi is set to meet secretaries of key Union ministries and departments to review their performance, focusing on ease of living, ease of doing business, and 'Atmanirbhar Bharat' initiatives, amidst strong speculation of an impending Cabinet reshuffle.
Siddaramaiah has resigned from his position as Chief Minister of Karnataka, following instructions from the Congress high command. D K Shivakumar is expected to succeed him. The decision follows internal discussions and political manoeuvring within the Congress party.
Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.
A special court in Pune has sentenced 65-year-old Bhimrao Kamble to death for the kidnapping, rape, and murder of a three-year-old girl in Nasrapur village. The victim's family expressed satisfaction with the verdict and called for its swift execution. The court termed the crime "rarest of the rare," delivering the sentence within 60 days of the incident.
Union Home Minister Amit Shah met President Droupadi Murmu, following a similar meeting by Prime Minister Narendra Modi, intensifying speculation about an imminent reshuffle of the Union Council of Ministers. Recent resignations and new organisational appointments for some ministers are contributing to the buzz.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
BJP leader Himanta Biswa Sarma has been appointed as the Chief Minister of Assam, marking the NDA's third consecutive government in the state. Sarma's swearing-in ceremony is scheduled for May 12, with key political figures expected to attend.
Union Minister of State for Minority Affairs George Kurian has resigned from the council of ministers following the conclusion of his Rajya Sabha term. President Droupadi Murmu accepted his resignation, which was effective immediately.
The Supreme Court overturned a Delhi High Court order that had suspended the life sentence of former BJP MLA Kuldeep Singh Sengar in the 2017 Unnao rape case, instructing the High Court to reconsider the plea.
It's absolutely okay for two partners in a relationship to be widely different in their likes and dislikes, says rediffGURU Anu Krishna.
General Dhiraj Seth has been appointed as the new Chief of the Army Staff, taking command of the 1.3 million-strong Indian Army. He brings nearly four decades of extensive experience, including commanding two operational Army commands along the western front, and will lead the force in its pursuit of self-reliance and readiness amidst dynamic global geo-strategic challenges.
Union Health Minister J P Nadda has launched the Unified Health Interface (UHI), an interoperable digital network under the Ayushman Bharat Digital Mission (ABDM). UHI aims to connect patients and healthcare providers across various digital platforms, addressing fragmentation in India's digital health ecosystem and improving access to verified services, especially in rural areas.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'
In a statement issued following the announcement of the US-mediated deal, Qassem characterised the agreement as a 'humiliating' and 'shameful' surrender of Lebanese sovereignty that prioritises Israeli and American dictates over the nation's independence.
'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'
A court in Odisha's Nabarangpur district sentenced nineteen people to life imprisonment for their involvement in a 2016 clash over land cultivation that resulted in three deaths.
A new study reveals that adults who experienced early childhood adversities may have increased mitochondrial respiratory capacity, a 'hypermetabolism' that, while initially a response to cellular stress, can be detrimental to long-term health. The research highlights how early life experiences translate into biological changes affecting physical and mental well-being.
A new study reveals that adults who experienced early childhood adversities may have increased mitochondrial respiratory capacity, a 'hypermetabolism' that, while initially a response to cellular stress, can be detrimental to long-term health. The research highlights how early life experiences translate into biological changes affecting physical and mental well-being.
Harry Kane has surpassed Gary Lineker's long-standing record to become England's all-time leading goal scorer at World Cups.
Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
