IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.
The Rajya Sabha witnessed heated exchanges between the Opposition and treasury benches after Leader of the House J P Nadda made some objectionable remarks against Leader of the Opposition Mallikarjun Kharge that he later withdrew and apologised.
Nasscom on Monday said the US clarification that the H-1B visa fee hike will not affect current visa holders and will apply as a one-time fee only to fresh petitions has helped address the immediate ambiguity surrounding eligibility and timelines.
An organisation that helped the families of victims in the 2008 Malegaon blast case, has expressed displeasure over the acquittal of seven accused and sought to know if they were not involved in the incident, then who were responsible for it.
The magnitude of the new H-1B visa application fee for fresh petitions - math of which works out to USD 500 million in case of 5,000 filings - may nudge IT companies to expand offshore delivery or increase local hiring, according to Motilal Oswal Financial Services.
'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'
Instead, they argue, three actors shaped the division, "Jinnah, who demanded it; the Congress, which accepted it; and Mountbatten, who formalised and implemented it."
While India today is vastly different from the India of 1975, the need for vigilance against authoritarianism remains the same, asserts Utkarsh Mishra.
The JD-U leader's outbursts against his former ally came in response to queries from journalists about Shah's speech earlier in the day at Sitab Diara.
'Gandhi had given the call 'Do or Die'. And with all the leaders arrested, you had to be your own leader.'
Uproarious scenes on the concluding day of the special session on Thursday turned the West Bengal Assembly into a cauldron of chaos, as Chief Minister Mamata Banerjee's speech was repeatedly drowned out by slogan-shouting, leading to the suspension of five Bharatiya Janata Party MLAs and the collapse of two legislators during forcible eviction by marshalls.
A selfie taken by Dr Prateek Joshi onboard the flight, showing the smiling family, has gone viral, capturing their excitement for the journey ahead.
'When Harivansh sits in the chair, you feel your voice will be heard.'
The National Democratic Alliance (NDA) has nominated Maharashta Governor Chandrapuram Ponnusamy Radhakrishnan as their candidate for Vice-President of India. The announcement was made by BJP President J P Nadda, highlighting Radhakrishnan's extensive public service and cross-party respect.
'Though the RSS honours Sardar Patel, who actually banned it, the real hero in the story of its rise is Jayaprakash Narayan,' says Vir Sanghvi.
Jagdeep Dhankhar's sudden resignation as Vice President has led to speculation about underlying political tensions and disagreements with the ruling alliance.
To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.
Wednesday's joint protest march in Patna marked a significant moment, with Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, and Tejashwi Yadav, the Leader of Opposition in the Bihar assembly, leading a unified demonstration -- perhaps a first in the state's recent political history.
rediffGURU Ashwini Dasgupta tells you how to deal with a colleague who brings a pet to work and distracts you.
'Is it right and proper for the US authorities to allow people like Subrahmanya Swamy [sic] go round the country preaching murder, violence, overthrow of the duly elected Government of India?' A fascinating excerpt from Sugata Srinivasaraju's The Conscience Network: A Chronicle of Resistance to a Dictatorship.
The rally was not allowed to proceed towards the South Calcutta Law College, where the 24-year-old student was allegedly gang-raped by three men, including an alumnus of the institute, on June 25.
Bihar Police claim to have solved the Gopal Khemka murder case, citing a land deal gone wrong as the motive. Suspects have been arrested and the murder weapon recovered.
Bihar is no stranger to being at the centre of a tectonic shift in national politics fuelled by turbulent regional forces.
InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.
Yadav told the media that he was saddened by efforts to stop them from entering the centre by deploying the police.
At the customary meeting ahead of the session beginning Monday, the opposition raised various issues, including voter roll revision in Bihar, the Pahalgam terror attack and Trump's 'ceasefire' claims.
The Indian government briefed an all-party meeting on Thursday on the success of "Operation Sindoor", the retaliatory airstrikes against Pakistan following the Pahalgam terror attack. Top government functionaries and opposition leaders met for a second time in a fortnight amid rising tensions between India and Pakistan. The meeting was chaired by Union Home Minister Rajnath Singh and attended by several prominent leaders from various political parties. The government highlighted the strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base Muridke.
The ruling BJP in Madhya Pradesh will hold a three-day training camp for its leaders from June 14 in Pachmarhi in Narmadapuram. The move comes amid the party facing flak for some statements from its leaders post Operation Sindoor. BJP president JP Nadda and Union Home Minister Amit Shah have been invited to the camp to lecture the party cadre. The BJP said the event was pre-planned and was a routine affair, but the camp is seen as an attempt to discipline party leaders who have been making controversial statements.
'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'
The unprecedented moment came during the 37th over of New Zealand's innings when Gwavu was spotted patrolling the field.
Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
JP was a People's Hero unmatched in Independent India. Archana Masih goes to Jayaprakash Narayan's village looking for Bihar's greatest son as the claimants of his legacy go to war in what is being called the Election of Elections.
The meeting between the two leaders, which was also attended by Bihar's deputy chief minister Tejashwi Yadav, was described as 'positive'.
BJP president JP Nadda said on Sunday that the party does not seek to control the Waqf Board but wants to ensure that those managing it operate within the bounds of law and adhere to established rules. He said the properties and funds of the Waqf Board should be dedicated to promoting education, providing healthcare and employment opportunities for the Muslim community. Nadda also highlighted the BJP's growth and achievements, emphasizing its commitment to national unity and cultural heritage.
Police in Patna, Bihar used water cannons and mild force to disperse protesters demanding the cancellation of the Bihar Public Service Commission (BPSC) exam held on December 13. The protesters, who were joined by Jan Suraaj founder Prashant Kishore, attempted to march towards the chief minister's residence, prompting police action. The protesters had gathered at Gandhi Maidan despite warnings from the administration that any demonstration would be considered unauthorized. The district police registered an FIR against 21 known persons, including Prashant Kishore, for organizing the gathering. The protest is ongoing, with students seeking the cancellation of the exam due to allegations of a question paper leak. The government has agreed to meet with a five-member delegation of BPSC aspirants.
Crude oil prices could dip to the low $60s by the end of 2025 after rising to $80 a barrel in the last quarter (October-December) of 2024 - up nearly 10 per cent from current levels, suggest analysts at JP Morgan. The main players in West Asia, including Saudi Arabia and the UAE, have a strong incentive to keep the conflict contained, according to the JP Morgan report.
The Reserve Bank on Friday imposed a penalty of Rs 5 lakh on US banking major JP Morgan Chase for violation of various norms including risk-management guidelines.
Former Union minister Pashupati Kumar Paras announced that his Rashtriya Lok Janshakti Party (RLJP) is no longer part of the BJP-led NDA, citing the alliance's support for his estranged nephew Chirag Paswan. Paras also accused Bihar Chief Minister Nitish Kumar of being "anti-Dalit" and demanded a Bharat Ratna for his late brother Ram Vilas Paswan, calling him the "second Ambedkar."
'The fight against terrorism will continue. We have set a new normal and the new normal is that we will follow an offensive strategy. Wherever terrorists are, we have to kill those terrorists and we have to destroy their infrastructure. So it is still not over but as we speak the ceasefire is still intact'
