The Delhi High Court has asked the central government why it cannot reduce the GST on air purifiers, considering the poor air quality in Delhi. The court's concern is that the current 18% GST makes air purifiers unaffordable for the common man.
The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.
Foreign investors fled Indian equities in 2025 at a scale never seen before, pulling out a record Rs 1.6 lakh crore (USD 18 billion) as volatile currency movements, global trade tensions, especially potential US tariffs, and stretched valuations eroded risk appetite, though flows are expected to turn sustainably positive in 2026.
The Supreme Court of India has struck down key provisions of the 2021 Tribunals Reforms law, citing violations of separation of powers and judicial independence. The court restored earlier directions on tenure for tribunal members.
Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.
The Nifty 50 index could rise around 24 per cent from current levels to 32,032 by December 2026 in a bull-case scenario, Kotak Securities said in a recent note. "We value Nifty at a 10 per cent premium (at 22x) to the 10-year average price-to-earnings of 20x on 2027-28 estimated (E) earnings per share (EPS) of Rs 1,456, and arrive at a December 2026 Nifty target of 32,032," the analysts wrote.
Make the most of the festive period with these 8 easy, evidence-based strategies designed to help you keep the extra kilos at bay.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
The Supreme Court of India is considering formulating pan-India guidelines to prevent road accidents on expressways and national highways, following a fatal accident in Rajasthan. The court is focusing on the issue of illegal 'dhabas' and encroachments along highways as potential causes of accidents.
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The Delhi high court has directed the Centre to facilitate communication between actress Celina Jaitly and her brother, a former army officer detained in the UAE. The court is addressing a plea by Jaitly seeking legal representation for her brother, who has been detained since September of last year.
Six months after the Air India AI-171 plane crash in Ahmedabad, the site remains a haunting reminder for local residents, marked by charred remains and lingering memories of the tragic event.
After a brief pause in October, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary markets.
'It will increase the contribution to gratuity, which is something the employer has to give.'
Sri Lanka is facing a severe crisis after Cyclone Ditwah caused widespread flooding and landslides, resulting in numerous deaths and displacement. India has launched 'Operation Sagar Bandhu' to provide relief. The situation is expected to remain critical with rising river levels and continued rainfall.
India's manufacturing sector activity eased to a nine-month low in November, mainly owing to softer rise in sales and production amid reports of challenging market conditions, a monthly report said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 56.6 in November from 59.2 in October, highlighted the slowest improvement in operating conditions since February.
Fitch Ratings on Thursday raised India's GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms.
rediffGURU Shyam Jamalabad, a dentist with over four decades of experience, offers practical advice about how to keep your teeth and gums healthy.
'IndiGo abruptly cancelled our Kolkata-Purnea flight citing bad weather, despite clear conditions and another airline operating the same route, causing severe inconvenience.'
Family of former Bangladesh prime minister Khalada Zia, who remains in a critical condition, is preparing to transfer her to London for medical treatment. Her son, Tarique Rahman, lives in London.
Tamil Nadu Chief Minister M.K. Stalin has launched a free nutritious meals scheme for sanitation workers in Chennai, with plans to expand it statewide. The initiative aims to improve their working conditions and health, acknowledging their essential service.
Saurabh and Gaurav Luthra, the owners of the Goa nightclub wanted in connection with the fire tragedy that claimed 25 lives at the facility, have fled to Thailand, prompting police to seek the help of Interpol to trace them, officials said in Panaji on Monday.
The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.
29-year-old Afghan national Rahmanullah Lakanwal was identified as the suspected gunman who shot the two National Guard members.
These losses increase insurance premiums for customers and reduce insurer margins on the other.
'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'
India and Russia are poised to sign multiple agreements to bolster cooperation in various sectors, including trade and healthcare, during Russian President Vladimir Putin's visit to New Delhi. Discussions will also address the Ukraine conflict and efforts to increase Indian exports to Russia.
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
rediffGURU Dr Shakeeb Ahmed Khan suggests how to recover from pain and injury-related illnesses.
In keeping with workload management for frontline pacers, spearhead Jasprit Bumrah is also likely to be rested from the three-match ODI series, which carries little significance in the build-up to the T20 showpiece.
The 19-year-old BMW driver and the 48-year-old Kia driver were uninjured. No other passengers were in either vehicle.
The Union Cabinet on Friday approved Rs 11,718 crore for conducting the Census of India, 2027, which would include the caste enumeration for the first time.
Indigo airlines cancelled 13 flights from Hyderabad airport, causing chaos and frustration among passengers. The cancellations were attributed to technology and operational issues.
'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'
Maharashtra Chief Minister Devendra Fadnavis announced plans for a vast underground tunnel network in Mumbai to ease traffic congestion, describing it as a 'Paatal Lok,' a parallel road system. The tunnel grid will cover the city in multiple directions, complementing existing arterial routes and Metro corridors. Several tunnel projects are under construction, including Thane-Borivali and Mulund-Goregaon, to improve east-west connectivity. An integrated Mumbai One app has been launched to enable a common ticket for various modes of transport.
'Rate cut looks unlikely and there is reason to believe that the cycle is over.'
'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'
'If there is a big enough order, then we would bring the assembly line for the M88 engine and other critical equipment to India.'
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