The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
A rebel faction of the Trinamool Congress, led by Ritabrata Banerjee, has formally staked claim to the party's name and symbol before the Election Commission, alleging widespread support and opposing the current leadership's "dynastic politics." The main TMC leadership has strongly criticised the Election Commission for granting an audience to expelled members, accusing the BJP of influencing the poll body.
The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.
The Indian Railway Ministry has issued a new circular allowing sportspersons to carry oversized and bulky sports equipment, such as javelins, on trains. This relaxation, however, excludes pole-vault poles due to technical feasibility. The equipment can be transported in designated luggage spaces on a priority basis, subject to freight charges, and existing weight limits will not apply.
As a part of Rediff's CAT 2026-prep series, MBA expert Patrick D'souza explains how you can maximise your preparation and complete your syllabus by August 2026.
For years, creatine has been associated with bodybuilders looking to bulk up. But emerging research is changing that perception.
Smallcap funds give investors access to businesses that can grow much faster than the broader economy.
Investigators probing the alleged rape and murder of an 11-year-old girl in Baruipur, West Bengal, suspect one of the accused took the victim to a shack where two others were present before the crime, with the three allegedly consuming intoxicants prior to the assault.
A Station House Officer (SHO) in Hoshiarpur, Punjab, has been shifted to Police Lines following a fact-finding inquiry initiated by Punjab Police. This action comes after news reports linked the officer to an extortion-related investigation by the US Federal Bureau of Investigation (FBI) under "Operation Hard Ball," targeting India-based organised crime syndicates. The US indictment alleges the officer's involvement in a $400,000 extortion scheme using false murder charges, drawing significant political criticism.
These new provisions are expected to help heirs access securities faster.
S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.
The Shri Ram Janmabhoomi Teerth Kshetra Trust held a crucial meeting in Ayodhya to deliberate on the resignations of general secretary Champat Rai and member Anil Mishra, following allegations of embezzlement of donations. The meeting also reviewed the ongoing SIT probe into the alleged theft.
Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.
Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.
India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
The Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya will conduct a re-audit of the Shri Ram Janmabhoomi Teerth Kshetra Trust's accounts for the past five years, following preliminary findings of large-scale irregularities.
FC Barcelona have signed Egypt forward Hamza Abdelkarim on a three-year deal, the LaLiga club said in a statement on Tuesday.
Germany's World Cup misery continued as Paraguay stunned the four-time champions on penalties in the Round of 32, extending a decade-long decline marked by defensive frailties and major tournament disappointments since 2014.
Under US protocols, play is suspended immediately if lightning is detected within an eight-mile (13-km) radius of a stadium and can only resume after 30 minutes have passed without a further strike.
The Indian government is reportedly developing new proposals to increase Lok Sabha seats by 50 per cent across all states. This initiative aims to address concerns from southern states regarding potential political power reduction due to population-based delimitation, while also facilitating the operationalisation of the women's quota law before the 2029 Lok Sabha elections.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
Retail major Trent is embarking on a robust expansion plan, aiming for significant growth through new store additions for Westside and Zudio, diversification into new formats like Samoh and Burnt Toast, and a projected recovery in like-for-like (LFL) growth.
The Gujarat High Court has upheld the death sentences for 38 Indian Mujahideen operatives and life imprisonment for 11 others involved in the 2008 Ahmedabad serial blasts, which killed 56 people. The court also directed the state government to pay significant compensation to victims' families and those grievously injured.
'The real shock is going to be from a deficient monsoon.'
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.
'The final electoral roll will be published on October 7, 2026.' 'If someone who is otherwise eligible does not find his/her name in that electoral roll, they can fill Form 6 along with other necessary documents to enrol his/her name in the electoral roll after the final publication of the electoral roll also.'
The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.
WhatsApp has asserted that username reservation relating to well-known public figure names is restricted only to their legitimate account owners, and termed as "false" any claims that people are reserving popular or well-known usernames.
The US Supreme Court is poised to rule on the legality of state laws in West Virginia and Idaho that ban transgender student athletes from female sports teams. This contentious issue, deeply embedded in the nation's culture wars, challenges federal anti-discrimination laws and the Constitution's equal protection clause.
The Gujarat High Court has ruled that the performance of customary rites and ceremonies, particularly 'saptapadi', is essential for the validation of a Hindu marriage, stating that registration alone is insufficient. The court emphasised that marriage is a sacrament and not merely a social occasion, highlighting the spiritual and legal significance of traditional rituals.
The International Cricket Council (ICC) has announced the qualification criteria for cricket's return to the Olympics at Los Angeles 2028. The Indian men's team needs to be Asia's highest-ranked in T20Is by end of 2026, while women's teams will qualify based on continental performance in the ongoing T20 World Cup.
Indian table tennis star Manika Batra has threatened legal action against the Table Tennis Federation of India (TTFI) if she is not provided a 'factual explanation' for her omission from the Asian Games squad.
A clarification by the ministry of external affairs that the passport is not a proof of citizenship has once again brought to the fore the need for a legal framework to provide citizens with a single document to establish they are Indians.
An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.
The Indian women's cricket team has secured a spot in the 2028 Los Angeles Olympic Games as the top-ranked Asian team in the ongoing T20 World Cup. The men's team will need to be the continental leaders in world rankings by the end of 2026 to qualify directly. Cricket is making its return to the Olympics after a century, featuring six teams in both men's and women's competitions, with qualification criteria unveiled by the ICC.
