The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
'We hope we will be able to at least end crashes that involve collisions with stationary vehicles as there will be an automatic warning.'
'That journey across India has changed me forever.'
The size of the Reserve Bank's balance sheet as on March 31, 2025 increased by 8.20 per cent year-on-year, leading to a bumper dividend of Rs 2.69 lakh crore for the central government. Increase on assets side was due to rise in gold, domestic investments and foreign investments by 52.09 per cent, 14.32 per cent and 1.70 per cent, respectively, said the RBI's Annual Report for the Year 2024-25 released on Thursday.
Telangana's anti-narcotics wing, the EAGLE Force, conducted a multi-state operation against a Nigerian drug cartel, resulting in over 50 arrests and the seizure of narcotics worth Rs 3.5 crore.
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'
ICICI Securities expects Jio Platforms' ensuing IPO to fetch "premium valuations", as was the case in the high-profile equity raise of FY21, and has pegged the company's equity value at $148 billion by September 2027.
Trump's proposed policy limits undergraduates from any one country to 5% at select top US universities, raising concerns for Indian aspirants eyeing elite colleges.
What appeared to be a generous act of friendship was, in truth, a manoeuvre within a much larger strategic game. The United States used the 1962 war not just to aid India but to test how far it could be pulled into the Western fold, points out Dr Kumar.
ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).
Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm's advisor said at best the company might look to return 55-57 per cent of the money. "This is what can be returned to users with the benefit of this restructuring," said Jason Kardachi, managing director (restructuring), Kroll.
Flash floods in Pakistan's Khyber Pakhtunkhwa province have resulted in a significant loss of life, with the death toll rising to 327 in the last 48 hours. The disaster has prompted relief efforts from the army and government agencies.
The Board of Control for Cricket in India has pledged a donation of Rs 10 crore for the training and preparation of the country's Olympic-bound athletes
A deep dive into Trump's new policy and what it means for Indian professionals and companies.
"We have suggested a fund for drought or flood, and when our production is hit. The fund will be with the states which the Centre will provide. The implementing agency will be the respective state governments," said K V Thomas, minister of state for agriculture and food.
The Ramanujan Fellowship is designed for brilliant Indian or Indian-origin scientists and engineers from outside India to undertake scientific research positions in India, as well as for those scientists and engineers who wish to return to India from abroad.
The Centre on Tuesday assured flood-ravaged Karnataka and Andhra Pradesh that funds will not be a constraint for relief and rehabilitation and asked them to focus on providing succour to the affected people.
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.
But the government will present a second tranche of Supplementary Demands for Grants during the Budget session of Parliament in February, when it can seek additional spending.
Shiva Keshavan cannot help feeling that the more things change, the more they remain the same.
This comes amid a rapid surge in spread of the disease in Eastern Democratic Republic of Congo, and its detection in neighbouring countries as well.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
The bottom lines of several private sector banks have taken a hit following the recent guidelines released by the Reserve Bank of India (RBI) on alternate investment fund (AIF) investments. Last month, the RBI announced that regulated entities, such as banks, non-bank lenders, and home financiers, cannot invest in AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders. In case an entity had already made such an investment, they must liquidate the investment or make 100 per cent provision, RBI had said.
Zafar Ali, the president of the Shahi Jama Masjid committee in Sambhal, Uttar Pradesh, was arrested on Sunday in connection with the violence that erupted in November 2022 over a court-ordered survey of the mosque. Ali's brother alleged that the arrest was intended to prevent him from submitting his testimony before a judicial commission investigating the violence. The mosque has been at the center of a controversy after a petition claimed it was the site of an ancient Hindu temple. The violence resulted in four deaths and several injuries.
In a letter, State Council of Educational Research and Training director Sajjan R urged competent authorities to immediately suspend all such teachers' training programmes.
This race among parties to woo the farmers mainly stems from the analysis of political pundits that the peasant class played a crucial role in the defeat of the BJP in Rajasthan, MP and Chhattisgarh.
Financial planning advisor Amar Pandit explains the most important steps for accumulating a contingency fund but cautions that this money should be spent wisely.
The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.
With temperatures soaring in Paris Olympics, Indian athletes battling the soaring temperatures and lack of cooling in their rooms in the Paris Olympic Games Village have been provided with 40 portable air conditioners
The bench did not agree to the contention of the lawyer that the fund has been created without following the schemes enumerated under Articles 266 and 267 (which deal with the contingency and the Consolidated Funds of India) of the Constitution.
While govt has decided to maintain status quo, don't use the money for house, marriage or education
'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'
Smart management of your money can help you achieve your financial goals in the New Year
Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
With no let up in the ceasefire violations by Pakistan on the International Border in the Jammu region, the state government is formulating a contingency plan to deal with the situation.
Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.
