Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.
Margin Trading Facility (MTF) provides an avenue for traders to magnify their potential returns by trading with borrowed money; however, it carries inherent risks. While the lure of increased purchasing power is strong, responsible engagement with MTF requires having a clear understanding of the MTF feature. In this blog, we will explore the key do's and don'ts of those who are considering using MTF.
The Union Budget backs skilling across animation, gaming and comics. But creators and studios confront a hard question: who owns what comes next?
Infographics break down the key numbers and decisions, making it quick and easy to understand what the Budget means for the economy.
For decades, several key government offices and ministries functioned from fragmented and ageing infrastructure spread across multiple locations in the Central Vista area.
The Sports Ministry is keen to bring Formula 1 back to the Buddh International Circuit in Noida in the near future.
'My argument was straightforward: If the Constitution allows this reservation and SC/ST and OBC candidates are already getting reservation in private institutions -- backed by Constitution Bench orders -- then not extending the same to EWS candidates directly violates the 103rd Amendment and Article 14, which guarantees the right to equality.'
The country's exports rose marginally by 0.61 per cent to $36.56 billion in January, while trade deficit widened to a three-month high of $34.68 billion, government data showed on Monday.
The Supreme Court of India has agreed to examine petitions challenging the constitutional validity of the Digital Personal Data Protection (DPDP) Act, 2023, focusing on concerns about its impact on the Right to Information Act.
The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium.
New Zealand will aim to secure their spot in the Super Eight stage of the T20 World Cup when they face Canada, while also looking to address weaknesses exposed in their previous match against South Africa.
The human cost of rat-hole mining falls disproportionately on migrant labourers.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
Ravi Kaushik has sold 70,000 units of air filters through his start-up Airth and aims to sell 10 lakh units in the next five years.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Sports Ministry has approved cross country skier Stanzin Lundup's participation in the Winter Olympics in Italy, despite a Delhi High Court order regarding Manjeet's exclusion. The decision was made at no cost to the government.
Strong performance in the beauty and personal care (BPC) segment, margin gains, and expectations of a breakeven in the fashion business lifted sentiment for FSN E-Commerce Ventures (Nykaa). The consumer technology platform's stock rose 7.5 per cent on Friday, extending gains over the past week to more than 17 per cent. Most brokerages have upgraded the stock following its third-quarter (October-December/Q3) performance and higher profit expectations ahead.
Faheem Ashraf's explosive batting performance led Pakistan to a dramatic three-wicket victory over the Netherlands in their T20 World Cup opener.
Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.
What items did Indian Finance Minister Nirmala Sitharaman make cheaper?
Rashid Khan says Afghanistan will continue to play positive cricket and make the nation proud despite slim Super Eights hopes after beating UAE in the T20 World Cup.
From flagship rivals to strong mid-range contenders, here's a look at the latest mobile phones available in India, what they offer, how much they cost, and who should consider buying them.
Glenn Phillips and Rachin Ravindra's explosive batting performances led New Zealand to a convincing eight-wicket victory over Canada in the T20 World Cup, securing their place in the Super 8s.
'China continues to perceive its relations with India through the prism of India-US relations, with the US using India to counter balance against China in the Indo-Pacific and beyond.'
As many as 17 cancer drugs, along with medicines and food for special medical needs for seven rare diseases, components for microwave ovens are some of the items that are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2026-27.
An India-Pakistan fixture in an ICC event generates revenue to the tune of a staggering 'USD 250 million (over Rs 2200 crore', as per some estimates and the absence of the cash-cow fixture from the upcoming T20 World Cup is certain to cause heavy losses to all stakeholders.
An elderly man in Madhya Pradesh was arrested for a wheat theft that occurred over 45 years ago in 1980. The man, who had been absconding since the incident, was running a grocery store when he was apprehended.
'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'
India's Stanzin Lundup clocked 28 minutes 26.7 seconds to end at 104th out of 111 athletes who finished the race at the Tesero Cross-Country Skiing Stadium.
Borah told reporters outside his residence that he has sought time from the Congress high command to reconsider his decision
A pickup in freight rates, rising fleet utilisation and a long-awaited replacement cycle are breathing fresh life into India's commercial vehicle (CV) market, strengthening the investment case for Tata Motors' CV arm (TMCV). Despite a broadly steady December quarter (Q3) performance, brokerages remain divided on whether the upswing is strong enough to offset margin pressures.
The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.
The Lancet study revealed that the HbA1c test is erroneous in populations with anemia and other hemoglobin-related deficiencies in India.
'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'
The government on Wednesday put out the draft of a new policy that projects the country's power sector will need Rs 50 trillion in investments by 2032 and Rs 200 trillion by 2047, proposing ambitious reforms in generation, transmission and distribution.
India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said on Wednesday.
The European Union's (EU's) offer to slash tariffs on 97.5 per cent of Indian chemical exports to zero is set to give India's pharmaceutical and medical device firms preferential access to the European markets.
Sanjay's 68, bowlers seal 31-run win as USA stay alive
A shortened game will be like a sprint where the risk element will be high. Who will win when emotion meets execution remains to be seen. K R Nayar reports from Colombo.
The Pakistan Cricket Board (PCB) could face massive financial losses if the ICC's all-powerful governing board decides to penalise them for refusing to play the T20 World Cup match against India on February 15 in Colombo.
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