'$125 million for the hull and the remaining of over $350 million for liability.'
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
The top 20 fund houses held 6.8 per cent of their portfolios in cash as of May 31, down from a record high of 7.2 per cent in April 2025.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
Hundreds of people, including inconsolable family members and friends, gave an emotional farewell to First Officer Clive Kunder, co-pilot of the Air India plane that crashed in Ahmedabad last week, and flight attendant Roshni Songhare whose last rites were held on Thursday.
'They will cover up the failures of all the others.'
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.
Customers must sign the agreement promptly to avoid disruptions. They should read it thoroughly and understand their rights and obligations.
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA) on Friday.
India has improved its ranking in the World Happiness Report 2025, climbing to 118th from 126th last year. However, it still lags behind neighbouring countries like Nepal, Pakistan, and Ukraine. Finland has topped the list for the eighth consecutive year. The report emphasizes the impact of caring and sharing on happiness, highlighting how sharing meals increases happiness. It also notes a decline in wellbeing in the United States, which has dropped to its lowest ever position at 24th.
Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.
Former Sri Lankan cricketer Ramith Rambukwella arrested in corruption case
Only a limited set of investors should invest directly in corporate bonds.
'When there are glaring errors in the report, how can you trust anything in it?'
'Opt for a minimum cover of Rs 10 lakh to Rs 15 lakh, especially in urban and metro areas.'
India abstained on two UN General Assembly resolutions calling for a de-escalation, an early cessation of hostilities and a peaceful resolution of the war against Ukraine. The resolutions were adopted on the third anniversary of the Russia-Ukraine conflict, with the UN Secretary General stressing that the war in Ukraine stands as a grave threat to the peace and security of Europe and the core principles of the United Nations.
Civil aviation authorities have directed Turkish Airlines to ensure 'full compliance' with International Civil Aviation Organisation (ICAO) standards and Directorate General of Civil Aviation (DGCA) regulations, an official statement said on Wednesday.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
Exchange Traded Funds (ETFs) have stepped into the spotlight this quarter. With evolving market conditions and shifting investor sentiment, ETFs offer a timely solution for accessing growth with liquidity and efficiency. In this article, we break down the most important ETF trends, performance drivers, and what to watch in the months ahead.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The Bharat Mata controversy in Kerala shows how political and symbolic fights between the state and the Centre have taken attention away from education, throwing the state's oldest university into confusion and disorder, observes Shyam G Menon.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
The Enforcement Directorate (ED) on Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others. The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. The sources claimed the trust is linked to Parameshwara and the "influential" individual is a politically exposed person. The searches found there were no supporting vouchers or documentation to "substantiate" this payment (for credit card bill payment), they said.
In a post on X, he said the people of Balochistan have given their "national verdict" and that the world must no longer stay silent.
The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates, exporters say. They said that India's exports to Europe and counters like Russia may get impacted due to this war.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Life Insurance Corporation of India's (LIC) annualised premium equivalent (APE) growth remained weak in the fourth quarter of the financial year 2024-25 (Q4FY25) and flat in FY25, but management expects growth to rebound in FY26. The focus remains on improving product mix by increasing share of non-participating or non-par products in the individual APE.
If nominees pass away, distribution is governed by succession laws of insured's religion.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU T S Khurana answers readers' personal income tax queries
'We have to be prepared for the larger disruption that is likely to take place.'
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.
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