India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.
'It has always been viewed as a hedge against inflation.'
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
Former IPL commissioner Lalit Modi has sensationally revealed that life-threatening intimidation from underworld don Dawood Ibrahim and his crime syndicate was the primary reason for his permanent retirement from cricket administration. Modi detailed how his unyielding stance against match-fixing and refusal to cooperate with the D-Company's multi-billion-dollar betting empire led to direct threats, including a phone call from Dawood and subsequent assassination attempts.
Indian benchmark indices Sensex and Nifty rebounded in early trade, driven by strong buying in blue-chip stocks and positive cues from Asian markets, following a significant selloff in the previous session.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.
The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.
A significant structural shift is underway in India's gold market, with investment purchases projected to account for 35-40 per cent of total consumption by FY27, driven by geopolitical uncertainty, price momentum, and portfolio diversification.
Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.
Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."
Police in Jharkhand's Khunti district arrested four individuals and seized 2.328 kg of opium valued at Rs 12 lakh. The arrests followed a tip-off about an opium dealing operation in Tamab village, involving both cultivators and buyers from West Singhbhum district.
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
In the latest advisory, rediffGURU Dr Deepa Suvarna explains what young children should eat to support healthy growth and development.
The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters in Chennai has been transferred to the CB-CID. Police have arrested a contract worker and a shop owner in Bengaluru, and the stolen hard disks have been retrieved.
The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters has been transferred to the CB-CID. Two individuals, including a contract worker and a shop owner, have been arrested, and the stolen hard disks have been recovered.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
A shopkeeper in Amethi, Uttar Pradesh, has been detained for allegedly molesting a five-year-old girl. Police registered a case based on the victim's father's complaint, and the accused is currently being questioned.
From bringing down your plastic waste output to conserving water, every little bit helps. When small actions are taken by many and millions sign on there's powerful impact.
'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
AI-powered fleet safety and performance solutions provider Netradyne has acquired European fleet intelligence and connected mobility company Moove Connected Mobility for an undisclosed sum.
Lalit Modi reveals how a hesitant Shah Rukh Khan was persuaded to buy Kolkata Knight Riders in 2008, helping create one of the IPL's most iconic franchises.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.
Students and families must stress test repayment capacity based on Indian salary standards.
Sony has launched its new 1000X The Collection wireless headphones, featuring class-leading sound isolation, newly engineered 30 mm drivers, and DSEE Ultimate AI technology for enhanced audio.
India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.
Villagers in Mathabhanga, West Bengal, have started receiving refunds of 'cut money' they paid to local toughs to access government scheme benefits during the previous TMC regime. The BJP claims this is due to their rise to power, while the TMC denies any involvement in the illegal collections.
Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.
Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".
A Melbourne-based Indian-origin teacher, Sunil Sharma, who went missing in Amritsar, was allegedly murdered by his brother, Satish Sharma, over a property dispute. Police investigations revealed Satish conspired with property dealers to usurp Sunil's properties, leading to his murder with a baseball bat after being drugged. Sunil's body was then disposed of in a canal, and his family, including his daughter, had appealed for help in finding him. Satish, his wife, and son have been arrested, and a search for the body and other conspirators is ongoing.
The Congress party is reportedly considering moving its Madhya Pradesh MLAs to a party-ruled state, likely Karnataka, ahead of the June 18 Rajya Sabha elections. This move aims to prevent potential cross-voting after the BJP fielded a surprise third candidate, intensifying the contest for three Rajya Sabha seats.
Serena Williams stole the show at Queen's Club on Tuesday as the American icon made her eagerly awaited return to competitive action nearly four years after her last match.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
rediffGURU T S Khurana answers readers' personal income tax queries
LAMF allows investors to access liquidity while staying invested.
Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.
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