GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
CAG warns most states of fiscal imprudence as March spending overshoots limits, with key departments exhausting large portions of budgets in the last month of FY24.
India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.
If the TVK joins the NDA, there is every likelihood of the AIADMK winning an absolute majority in the 234 seat assembly and wanting to form a stand-alone government. In turn, it could mean that the BJP especially and the TVK equally so, will want to restrict the AIADMK's seat share closer to the cut-off figure, if only to ensure that EPS won't get the absolute majority that he desires (if the NDA won, that is) and will have to settle for a coalition government, observes N Sathiya Moorthy.
Paris Paralympic gold medallist Praveen Kumar had to settle for bronze in the men's T64 high jump at the Asian Para Games after clearing a season's best 2.00 metres.
Security forces in Manipur have launched a major crackdown on the banned People's Liberation Army (PLA) following an ambush on an Assam Rifles convoy. Fifteen cadres have been arrested, including suspects directly involved in the attack. Investigations are underway to determine if the PLA has political patronage and if weapons looted during ethnic clashes are being used against security forces.
Dalal Street is buzzing with excitement, as some of the most-awaited IPOs are gearing up to hit the market. While some of these big companies are planning to join the stock exchanges towards the end of 2025, others are likely to be available for trading by the first half of 2026.
The Left government in Kerala has granted sanction to the state police to seek Mutual Legal Assistance (MLA) from the United States in the probe into a Facebook post allegedly made from the account of former Union Minister Rajeev Chandrasekhar, following the twin bomb blasts at a Jehovah's Witnesses convention in Kalamassery that killed eight people on 29 October 2023.
Former Vice-President Jagdeep Dhankhar has moved to a private farmhouse in Delhi after resigning from his post. He will stay there until he is allocated an official residence.
Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.
The combined market capitalisation of the country's top five IT firms that are part of the BSE Sensex is down 24 per cent since January and their valuation has slipped to lowest levels in the past five years.
In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.
Reliance Industries' (RIL's) oil-to-chemicals (O2C) business is likely to remain under pressure for the remaining of the current financial year, according to analysts and company executives. "Management guides for softness for the next couple of quarters in both retail and O2C businesses," analysts at BOB Capital Markets noted in an after-results report on RIL. For the July-September quarter (Q2) of 2024-25 (FY25), RIL's O2C business reported a 5.1 per cent year-on-year increase in revenue to Rs 1.55 trillion.
Uncapped left-arm seamer Ben Lister is likely to make his debut in the 2nd Test
A tour bus crash near Buffalo, New York, has resulted in the death of five people, including an Indian national. The bus, carrying 54 passengers, was returning to New York City from Niagara Falls when the accident occurred.
Among Sensex firms, Mahindra & Mahindra, Asian Paints, Kotak Mahindra Bank, ICICI Bank, Tata Motors and Larsen & Toubro closed with losses. However, Power Grid, NTPC, Tata Steel and Hindustan Unilever were the major gainers.
These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.
Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.
'No one anticipated magical solutions or miraculous interventions.' 'However, people across the entire spectrum -- whether residing in the valley or the hills -- expected the prime minister to dedicate at least five to ten minutes to genuinely listening to the voice of the people.'
Sam Altman is wagering on GPT5 as a leap towards AGI -- smarter, more accurate and less flattering -- but admits the AI still lacks selflearning.
AIADMK chief Edappadi K Palaniswami has ruled out the possibility of re-inducting expelled leaders like O Panneerselvam, stating that those who "betrayed" the party have no place in it. He also praised the BJP-led Centre for protecting the AIADMK government in 2017.
Net inflows into equity mutual fund (MF) schemes scaled a record high in July as the market correction and a raft of new fund offerings (NFOs) lifted lump-sum collections. Active equity schemes raked in a net Rs 42,702 crore in July, going past the previous high of Rs 41,156 crore in December 2024. Systematic investment plan (SIP) inflows continued to scale new highs, rising over 4 per cent month-on-month (M-o-M) to Rs 28,464 crore.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
'I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also.'
The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).
'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'
Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) has surprised the street with a better than expected performance in its oil-to-chemicals (O2C) division in October-December 2024 (Q3FY25). RIL executives attributed it to favourable feedstock sourcing and higher volumes. However, they also listed cost optimisation and other measures.
Spreading risks in sourcing raw materials for electric vehicle (EV) manufacturing is "very critical" and the government can play a key role by enabling access to these from multiple locations worldwide, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, on Friday while stressing the need for faster localisation, especially of batteries.
Foreign portfolio investors sold stocks worth Rs 1.42 trillion in 2025, with their sales hitting Rs 12,257 crore in the first four trading days of September.
Dinesh Raheja celebrates Lata's 96th birth anniversary on September 28 by picking some choice examples of her non-typical songs that are tinged with a rare eroticism.
Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.
New Zealand beat Zimbabwe by nine wickets to win first Test
'You are a guest in the US. It's not your home, you're a guest. If they don't feel comfortable, you have to step out.'
'The new generation has heard Kishore Kumar's voice in Saiyaara or some other thing. That is not fair, man.' 'They should hear his songs that he has sung in his time, which came out of his throat, came out of his sensibilities.'
Among the new entries, the largest by market capitalisation are LIC, Avenue Supermarts (DMart), Adani Green Energy, Zomato and Jio Financial Services.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Former Supreme Court judge B Sudhershan Reddy is the joint candidate of the Opposition parties for the Vice-Presidential polls, Congress President Mallikarjun Kharge announced.
Devesh Pankaj Bhaiya from Jalgaon and Sandeep Kuchi from Hyderabad won gold medals while Debadatta Priyadarshi from Bhubaneshwar and Ujjwal Kesari from New Delhi secured silver at the International Chemistry Olympiad 2025 in Dubai.
"The Election Commission's press conference should be welcomed because it is a good step to clear public doubts regarding the SIR process (in Bihar) and other issues," Rawat told PTI in Indore.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances