With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Muthoot Finance outperformed in the April-June quarter (Q1) of 2025-26 (FY26), with its assets under management (AUM) growing 10 per cent quarter-on-quarter (Q-o-Q) and 42 per cent year-on-year (Y-o-Y), an improvement of 88 basis points (bps) Q-o-Q in net interest margin (NIM), and a fall in credit cost. Gold AUM rose 40 per cent Y-o-Y and 10 per cent Q-o-Q. The company recorded recoveries of 350 crore, including 100 crore from an asset reconstruction company (ARC), resulting in a 100-bp Q-o-Q yield increase.
Trump's method are more destabilising than his policy. So, a good idea these couple of years is to sip Kool-Aid, and savour the joys of Trumplomacy, asserts Shekhar Gupta.
The Election Commission of India is preparing for a nationwide special intensive revision (SIR) of electoral rolls, following a Supreme Court ruling. This move aims to update voter lists and address concerns about illegal migrants.
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Amid unrest in Nepal, pilgrims from Tamil Nadu crossed the border for Kailash Mansarovar, and a wedding was held at the India-Nepal border.
'The government is distributing land in Ladakh as if they are selling cinema hall tickets.'
'If the INDIA bloc ever forms the government, they will be more than tempted to use such provisions to bring about regime change in BJP-ruled states.'
'...than free Sonam Wangchuk.'
Climate activist Sonam Wangchuk called off his hunger strike as protests for Ladakh statehood and Sixth Schedule extension turned violent. The BJP office was set on fire, vehicles were torched, and clashes erupted, leading to the imposition of prohibitory orders.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
The SC has sought a response from the Centre on a plea seeking the restoration of statehood to Jammu and Kashmir.
When asked about the claim that Dhankar being under "house arrest", Shah said the interpretation of truth and lies should not rely solely on opposition statements and warned against making a fuss over the former VP's resignation.
The Supreme Court is hearing arguments regarding a presidential reference on whether fixed timelines can be imposed on governors and the president for acting on bills passed by state legislatures. The court is considering objections to the maintainability of the reference under Article 143 of the Constitution.
'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'
Radhakrishnan defeated INDIA bloc nominee Justice B Sudershan Reddy by 152 votes in the Vice Presidential elections held between 10 am and 5 pm on Tuesday.
Congress leader Rahul Gandhi on Monday said his party will soon come out with a 'hydrogen bomb' of revelations about 'vote chori' and after that Prime Minister Narendra Modi will not be able to show his face to the country.
The Allahabad High Court has ruled that merely expressing support for Pakistan, without any disrespect towards India, does not constitute an offence under section 152 of the Bharatiya Nyaya Sanhita (BNS).
rediffGURU T S Khurana answers readers' personal income tax queries.
A veterans' cricket match involving India and Pakistan in the World Championship of Legends in London on Sunday has been cancelled after Indian players, including Shikhar Dhawan, refused to be a part of it citing the Pahalgam terror attack in April.
From mobilising protests to choosing the interim prime minister -- Discord, Bitchat became virtual control rooms, even as familiar platforms like TikTok, Reddit, Instagram, etc. played their part.
The apex court has reserved its judgement on draft AIFF constitution and a hearing is scheduled for Monday.
The Bombay High Court ruled that possessing documents like Aadhaar, PAN, or voter ID does not automatically grant Indian citizenship, emphasizing the importance of the Citizenship Act of 1955.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
The council said it takes serious cognisance of the alleged data manipulation by the CSDS and its attempt to create a narrative to undermine the sanctity of the Election Commission of India (ECI).
The Supreme Court is scheduled to hear a plea for the restoration of statehood to Jammu and Kashmir. The plea highlights the delay in restoration and its impact on democratic rights and development.
Climate activist Sonam Wangchuk was arrested Friday by a police party in Leh, two days after violent protests by supporters of the movement for statehood and extension of Sixth Schedule of Constitution left four persons dead and 90 others injured, officials said.
'Life in India is better only for those who have reservations.'
A special court acquitted seven individuals in the 2008 Malegaon blast case, challenging the prosecution's assertion that the right-wing group Abhinav Bharat was responsible. The court emphasized that the organization remains unbanned by the government.
Justice Bhushan Ramkrishna Gavai, India's 52nd chief justice and its first Buddhist one, has played a key role in shaping the judicial landscape, penning about 300 verdicts, including landmark rulings on constitutional issues, liberty, and perhaps most important against the executive's 'bulldozer justice'.
Reliance Foundation's Vantara has pledged full cooperation with the Supreme Court-appointed SIT investigating allegations of legal non-compliance and animal acquisition irregularities.
This is the third meeting of CEOs after Gyanesh Kumar took over as the chief election commissioner in February. However, Wednesday's day-long meeting assumes significance as the preparedness of a pan-India SIR are being discussed, officials said.
Congress leader Rahul Gandhi has accused the Election Commission of failing to uphold the 'one man, one vote' principle, citing irregularities in voter lists. He claims the issue is widespread and systematic, with the opposition protesting the Election Commission's voter roll revision in Bihar.
India are clubbed alongside Pakistan in Pool B in Junior Men's Hockey World Cup to be held in Chennai and Madurai.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Pakistan hockey team won't be stopped from competing in Asia Cup next month, says Sports Ministry sources.
IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.
Following Jagdeep Dhankhar's resignation as Vice President, an election to appoint his successor must be held 'as soon as possible' according to the Constitution. The article details the constitutional provisions regarding the election, term, and responsibilities of the Vice President.
'The law under the guise of security represents a grave and unnecessary expansion of State power at the cost of fundamental rights,' asserts Aakar Patel.