India's luxury auto market is rebounding after a slow start to 2025, with GST 2.0 emerging as the main catalyst.
The original owner of the land where the Goa nightclub fire occurred claims he had flagged illegalities and fought a legal battle for 20 years.
Christmas was celebrated with devotion and festive gaiety across India, with churches decked in lights, midnight masses, and community events spreading cheer. Leaders extended greetings, and celebrations took place in various states with prayers for peace and harmony.
Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.
'As more patients are prescribed these drugs, intolerance due to gastrointestinal and other side effects will become more visible, leading to higher discontinuation rates.'
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
Non-metro cities drove this year's online Diwali shopping boom, accounting for nearly three-quarters of total e-commerce volume, with tier 3 cities contributing over 50 per cent, according to industry data. As per the industry data analysis of over 4.25 crore shipments by logistics intelligence platform ClickPost, these regions now represent the fastest and largest drivers of festive e-commerce, solidifying non-metro India's role as the epicentre of order volumes and growth.
The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.
The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.
The country's largest carmaker Maruti Suzuki India expects auto sales to bounce back to the glory days of 7 per cent growth by FY 27, helped by the proposed GST rate cut which is expected to bring down car prices by 3.5 to 8.5 per cent.
The PMAs, which represent competing national teams and manage dedicated fan ticket programmes, will handle the ticket allocation process.
India has gained one more festival -- the season of Black Friday.
Union Minister assures accountability after IndiGo flight cancellations cause widespread passenger distress and mental harassment. The DGCA has launched an inquiry and issued a notice to IndiGo.
'After Kohli's hundred at Ranchi, the second and third phases vanished in minutes. Nothing was left unsold.'
Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms.
In absolute terms, both types of cars must cut emissions by about 28-29 g/km. But in percentage terms, the lighter 900-kg car must reduce emissions by 27 per cent, while the 1,500-kg car needs a 22 per cent cut. And the target becomes progressively stringent for both -- but, once again, the tightening is sharper for the 900-kg car than for the 1500-kg car.
Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.
Officials said the digital ban was intended to disrupt ideological channels that facilitate cross-border radicalisation, particularly in areas where socio-economic vulnerabilities are exploited by extremist networks.
The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.
Sun Pharmaceutical Industries on Wednesday posted a 2.56 per cent increase in its consolidated net profit to Rs 3,118 crore for the second quarter ended September 30, aided by robust sales in India and emerging markets. The Mumbai-based drug major reported a net profit of Rs 3,040 crore for the July-September quarter of the last fiscal.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Sale of the new series of iPhones started on Friday, with excited customers queuing up outside the country's first Apple Store since early hours and even indulging in a scuffle before its opening.
rediffGURU T S Khurana answers readers' personal income tax queries.
'In the January-August period, the share of hatchback in the overall PV industry sales was about 22.4 per cent. In the September-October period, the share of hatchbacks has come down to 20.4 per cent. In just October, their share was just 20 per cent. This is simple wholesale data from industry body SIAM.'
The government on Wednesday approved a Rs 7,280 crore scheme to promote manufacturing of rare earth permanent magnets, a move which would help reduce India's dependence on China.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Maharashtra Deputy Chief Minister Ajit Pawar on Saturday said officials responsible for registering documents should have refused to process agreements that were not permissible under the law and clearly informed the parties concerned about such limitations.
Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26.
The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.
Mahindra & Mahindra (M&M) is stepping beyond vehicle manufacturing to build a national electric-mobility ecosystem.
'Perhaps unlike any previous era of software, this one requires a rethink in even the lifecycle of how we build.'
Retail investors are moving away from a buy-and-hold approach and towards more informed short-term positioning, recent investment patterns show.
rediffGURU T S Khurana answers readers' personal income tax queries
Mexico on Thursday imposed a tariff of up to 50 per cent on imports from its non-preferential trade partners, including India, a move that might hit New Delhi's annual $5.75 billion shipments to its third-largest car export market.
Starting January, the market is expected to welcome models like the Tata Punch 2025 which is expected to be around 6 lakh, Mahindra BE 07 EV around 29 lakh, Maruti WagonR Electric around 8.5 lakh, Toyota 3-Row SUV around 14 lakh, and Volkswagen Tera to be around 8 lakh.
Indian private sector and State-run refiners continued to receive crude oil from Russian suppliers even after November 21 -- the winding-down date for US sanctions on supplies from leading Russian oil producers imposed in October -- as new intermediaries sprung up in West Asia to sell the oil, according to senior refining sources and ship tracking data.
A car dealer from Faridabad has been detained in connection with the Red Fort blast case. Delhi Police has directed second-hand car dealers to verify and share details of recent vehicle sales.
'Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.'
Assam Chief Minister Himanta Biswa Sarma claimed that apart from demographic change, the state is also witnessing an "economic shift", with Muslims becoming more prosperous, and said this could mean that the "surrender of the Assamese people" has begun.
Interpol has issued a Blue Notice against the owners of a Goa nightclub who fled after a fire claimed 25 lives. Police are investigating violations and illegalities related to the nightclub's operation.
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