The central government's fiscal deficit fell to 0.8 per cent of the full-year target at the end of May, mainly due to a whopping Rs 2.69 lakh crore dividend received from the Reserve Bank of India. The fiscal deficit, or gap between the government's expenditure and revenue, had touched 11.9 per cent of the Budget Estimates (BE) for 2025-26 or Rs 1.86 lakh crore in April.
The 'Mahagathbandhan' alliance in Bihar is expected to finalize its seat-sharing arrangement and announce candidates along with a joint manifesto soon. Talks between RJD and Congress are ongoing, with potential meetings in Delhi. The Congress is aiming for a respectable number of seats and highlighting the desire for change in Bihar.
Defence Minister Rajnath Singh emphasizes the need for India to remain prepared for uncertainty, even during peacetime, and highlights the increasing importance of the defence sector as an economic driver.
Tensions escalated in Barabanki and Mau districts as protests over the 'I Love Muhammad' campaign turned violent in Bareilly with police carrying out overnight house-to-house raids to nab the culprits and arresting a prominent cleric.
'The BJP will win comfortably if the Congress and AAP fight separately -- though not with 162 seats.' 'But if they form an alliance, it will become a major problem for the BJP. That's precisely why this expansion is happening now.'
The July-September quarter (Q2) business update on revenue by FSN E-Commerce Ventures (Nykaa) was well received by most investors and the share price surged over 6 per cent, driven by one block deal. Even after Wednesday's minor dip, it was still higher at Rs 257.50 as compared to Monday's close of Rs 255.55.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Six critical patients were killed in a fire at the trauma centre of the state-run Sawai Man Singh (SMS) Hospital in Jaipur late Sunday night, officials stated.
'They mean business, but business as usual is unacceptable to them'
The biggest risk for investors isn't the market, but their own minds, biases and emotions often lead to poor financial choices.
IPL chairman Arun Dhumal spoke on the BCCI finally having started the "ball rolling" as far as finding a new lead sponsor for Team India is concerned
'Why have we failed to address the issue of ensuring a requisite buffer zone in J&K, given that cross-border links of some J&K politicians are known?', asks Lieutenant General Prakash Katoch (retd).
'If China shows greater concerns for Indian interests, ties could improve. Otherwise, the thaw could be short-lived.'
The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian goods in the Chinese market.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'It will be an explosion of zoonotic diseases from these places.' 'People will not be able to live or work for kilometres around these places where thousands of street dogs are kept.'
'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'
Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.
Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.
In what can be construed as a relief to the BCCI, the Sports Ministry has amended the RTI-related provision of the National Sports Governance Bill, placing only those bodies under its ambit which rely on government grants and assistance.
Security agencies in Jammu and Kashmir are facing a new threat from 'bedroom jihadis' who use social media to spread misinformation and incite communal discord. These individuals, operating from their homes, are part of a sophisticated cross-border effort to destabilize the region by disseminating inflammatory content and propaganda.
Workers from the BJP and Congress clashed in Patna during a protest march organized by the BJP against the use of abusive language towards Prime Minister Narendra Modi's late mother. The protest turned violent, with stone pelting and vandalism reported. Police intervened to control the situation, and an investigation is underway.
'Begin with a small investment, observe performance, then scale up gradually.'
India's tour of Bangladesh, which was scheduled for August this year, has been postponed to 2026 'owing to international cricketing commitments', the BCCI announced on Saturday.
West Bengal Chief Minister Mamata Banerjee criticizes Delhi Police for referring to Bengali as 'Bangladeshi national language,' sparking political controversy.
In her letter to the Sona BLW board, Rani Kapur said documents executed by her at a time of "mental and emotional vulnerability" were being misused.
A controversy erupted in West Bengal after a history question paper at the state-run Vidyasagar University described Indian revolutionaries as 'terrorists,' triggering strong political reactions and forcing the institute to issue a public apology, calling it a 'printing mistake.'
'Sandbagging' means a player deliberately losing his games, along with it his rating points, so as to play in a lower rated player tournaments and win cash prizes.
The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.
A special court in Chhattisgarh's Bilaspur district granted bail to three persons, including two nuns from Kerala, arrested on charges of human trafficking and forced religious conversion.
'We need to be very vigilant as we are passing through some fraught times.'
'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'
The three officials include a divisional vice president of the airline, as per the DGCA order.
In a heinous terror attack, two Indians were killed while one was abducted in the Dosso region of Niger, as noted by the Indian Embassy in Niger.
The message from Sunday's event will undoubtedly reverberate globally. It's a landmark occasion that will be remembered for generations and will inspire many other states to introduce the story of Rajendra Chola into school curricula, says Tarun Vijay.
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