'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
The Attari-Wagah border crossing point between India and Pakistan was shut completely on Thursday following a week-long heavy rush of people from either side to cross over after the Union government ordered all Pakistani citizens with short-term visa to leave India in the wake of the Pahalgam terror attack, sources said.
Hours after being dismissed from service for 'concealing' his marriage with a Pakistani woman, Central Reserve Police Force trooper Munir Ahmed said he solemnised his marriage nearly a month after getting permission from the force's headquarters last year.
Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
Ireland were scheduled to host Afghanistan for one Test, three ODIs and three T20s in July.
India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
After US President Donald Trump announced a 90-day tariff pause for several nations, including India, global manufacturers are in a rush to ensure that bulk of their goods reach the US during this window. "The 90-day suspension of tariffs will be welcomed by shippers, but it should not be a cause for celebration.
'India enjoys conventional superiority, but nuclear deterrence imposes clear boundaries.'
'Pakistan is no longer a front-burner issue for America.'
According to the minister, the government continues to be engaged with the US to promote mutually advantageous and secure mobility frameworks for streamlining the movement of students and professionals and facilitating short-term tourist and business travel.
The Pakistan Cricket Board (PCB) is set to investigate a case involving a UK-based Pakistani agent, Mughiz Ahmad Shearachiikh, who has been suspended by the England and Wales Cricket Board (ECB) for breaching its anti-corruption code. Shearachiikh and his company, International Cricketers Association (ICA), had signed several centrally contracted Pakistani players last year.
For Ali, who hails from Mendhar sub-division near the Line of Control (LoC) in Poonch district, the uniform is more than a job -- it's a calling. He has dedicated nearly half his life in the police force, serving its various wings with distinction and earning multiple commendations for his courage and unwavering commitment to duty.
President Donald Trump delayed tariffs on Mexico and Canada for a short-term period for certain products before the 'big one' from April 2.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
Sharada Kukreja, a Pakistani woman living in Odisha for 35 years after marrying an Indian citizen, has been served a notice to leave the country. She has appealed to Prime Minister Narendra Modi and Odisha CM Mohan Charan Majhi to stop her deportation, citing her long-standing ties to India and family here. Sharada fled Pakistan to escape forced conversion and marriage, and despite having an Aadhaar card and participating in elections, she has not been granted Indian citizenship. The Odisha government has identified 12 Pakistani nationals residing in the state and asked them to leave by April 27. Another Pakistani woman in Bhubaneswar also received a country exit permit on Saturday.
The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).
With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.
A police officer and his eight siblings, including five sisters, were deported to Pakistan on Wednesday despite a court order granting them temporary relief. The nine members of the extended family, who have been living in Jammu and Kashmir for generations, were among more than two dozen people, mostly from Pakistan-occupied Kashmir (PoK), who were served deportation notices following the April 22 Pahalgam terror attack. The deportation has sparked outrage, with protests and appeals for intervention from the home minister and lieutenant governor. The family members claim they are not Pakistani nationals and have been living in the region for generations, presenting revenue records to support their claims. The court has ordered a detailed report on the case within two weeks and will hear it again on May 20.
Consistency, proper nutrition, strength training, and recovery instead of workout intensity and cardio are the success mantras of celeb-fitness.
Computer science has been an evergreen choice among engineering aspirants. However, with the rise in AI, students are increasingly realising the potential of automation and robotics.
With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.
The Indian rupee may experience some volatility in the early days of Donald Trump's presidency, but it is likely to stabilise soon after, a report by the State Bank of India (SBI) said on Tuesday, terming this short term phenomenon as "Trump Tantrum".
From the 30 Sensex companies, IndusInd Bank, Zomato, Larsen & Toubro, Titan, Mahindra & Mahindra, Bajaj Finance, Reliance Industries, Kotak Mahindra Bank, Tech Mahindra and Tata Consultancy Services were among the laggards. On the other hand, Power Grid, Hindustan Unilever, Infosys, Nestle India, Asian Paints, ITC, Sun Pharmaceuticals and ICICI Bank were the gainers.
'The rise in SIP contributions has created a pool of long-term MF assets that can be pledged for loans.'
After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, they added. This is the third consecutive rate hike after a 40 basis points and 50 basis points increase in May and June, respectively.
The heightened global uncertainty due to the US "reciprocal tariffs" on India may cause near-term corrections and market turbulence, but the long-term outlook remains constructive, market experts said on Thursday. The US has announced 27 per cent reciprocal tariffs on India, citing high import duties imposed by New Delhi on American goods.
More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.
Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.
The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.
Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.
The cost of living crisis is the biggest short-term risk the world is facing, while the failure of climate mitigation and climate adaptation is the largest long-term concern, the World Economic Forum said on Wednesday. Releasing its annual Global Risks report in London ahead of its Davos summit next week, the WEF also said geopolitical rivalries and inward-looking stances will heighten economic constraints and further exacerbate both short- and long-term risks. The Global Risks 2023 report, drawing on views of over 1,200 experts, policy-makers and industry leaders from across the world, also urged countries to work together to avoid 'resource rivalries'.
Delhi Chief Minister Rekha Gupta announced plans to relocate Tihar Jail to the city's outskirts, allocating Rs 10 crore in the 2025-26 budget for survey and consultancy services related to the move. The decision comes amid severe overcrowding at the prison complex, which currently houses over 19,000 inmates despite being designed for approximately 10,025. The Delhi government has also initiated the development of new prison complexes in Narela to alleviate congestion. While a short-term proposal for retrofitting and vertical extension of the jail has been made, the chief minister did not disclose any date for the shifting plans. Additionally, the government will prioritize procurement of products manufactured by inmates in Tihar, Rohini, and Mandoli jails, aiming to boost their earnings and provide them with better opportunities for rehabilitation.
The Reserve Bank of India (RBI) on Friday cut the repo rate by 25 basis points to 6.25 percent, marking the first reduction in five years. The central bank also projected GDP growth for fiscal year 2026 at 6.7 percent and inflation to come down to 4.2 percent in FY26 from 4.8 percent in FY25. The RBI said the global economic backdrop remains challenging but the Indian economy continues to remain strong and resilient.
Karnataka Deputy Chief Minister D K Shivakumar's statement that even God can't fix Bengaluru traffic in the next two or three years, has come under severe criticism from the Bharatiya Janata Party, with leader of opposition R Ashoka on Friday demanding that the former step down and make way for someone more capable if he is unable to take responsibility and address the city's traffic issues.
Financial success isn't about making impulsive moves -- it's about making informed choices, asserts Ramalingam Kalirajan.
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances