News for 'Current Account'

Nykaa net profit more than triples to Rs 34 crore

Nykaa net profit more than triples to Rs 34 crore

Rediff.com8 Nov 2025

FSN E-Commerce Ventures Ltd, the parent company of beauty retailer Nykaa, recorded a 3.4x growth in net profit at ~34.43 crore in the second quarter of FY26, up from ~10.04 crore in the corresponding period last year.

Small SUVs likely to see maximum growth post GST cut

Small SUVs likely to see maximum growth post GST cut

Rediff.com19 Sep 2025

The small sports utility vehicle (SUV) segment - comprising models less than 4 metres in length - could witness the "maximum" growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said.

Sugar industry relieved as Centre allows 1.5 mt import

Sugar industry relieved as Centre allows 1.5 mt import

Rediff.com18 Nov 2025

Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.

Strong therapies, JB to lift Torrent Pharma

Strong therapies, JB to lift Torrent Pharma

Rediff.com18 Nov 2025

A strong performance in the July-September quarter of 2025-26 (FY26) and expectations of growth from launches and acquisition-led synergies led to a 6.65 per cent jump in the share price of Torrent Pharmaceuticals.

'Markets Remain Far From 2024 Euphoria'

'Markets Remain Far From 2024 Euphoria'

Rediff.com5 Sep 2025

'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'

Why Is Media Silent On Kashmir Times?

Why Is Media Silent On Kashmir Times?

Rediff.com29 Nov 2025

It is shameful that Kashmir Times has been attacked in the way it has and that Anuradha Bhasin has not found more voices to speak in support of her and her paper, points out Aakar Patel.

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

Rediff.com17 Nov 2025

India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

Affordable homes lag but premium, luxury segment booms

Affordable homes lag but premium, luxury segment booms

Rediff.com18 Nov 2025

'The momentum is driven by rising affluence, strong demand from HNIs (high net worth individuals) and NRIs (non-resident Indians), an increased appetite for larger, well-located homes by branded developers, and support from the economy.'

Domestic expansion, Europe recovery to drive growth for Tata Steel

Domestic expansion, Europe recovery to drive growth for Tata Steel

Rediff.com5 Nov 2025

There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.

Congress accuses Modi of insulting Tagore, 1937 CWC over Vande Mataram row

Congress accuses Modi of insulting Tagore, 1937 CWC over Vande Mataram row

Rediff.com9 Nov 2025

The Congress party has intensified its criticism of Prime Minister Narendra Modi regarding the Vande Mataram controversy, alleging that he has insulted the Congress Working Committee of 1937 and Rabindranath Tagore. The party demands Modi address current issues instead of historical debates.

Playing two formats together keeps players fresh: Thakur

Playing two formats together keeps players fresh: Thakur

Rediff.com19 Nov 2025

'Players who are playing First-Class cricket throughout the year, they would have had 14 First-Class games potentially with India A games, the Irani Trophy, the Duleep Trophy or even more. So a bit of break in between, switching in the formats is always good.'

Rupee rebounds to 60.19 on lower current account gap

Rupee rebounds to 60.19 on lower current account gap

Rediff.com27 Jun 2013

Fresh dollar selling by exporters on hopes of fall in the USD after downward revision to that country's first quarter GDP growth also helped rupee recover as hopes surfaced that the Fed may delay the plan to taper of monetary stimulus.

Zubeen Garg murdered in Singapore, claims Assam CM

Zubeen Garg murdered in Singapore, claims Assam CM

Rediff.com3 Nov 2025

The CM He, however, did not share further details about the case or the kind of evidence that establishes the death as murder.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

'Pronouncements On Paper Don't Feed Babies'

'Pronouncements On Paper Don't Feed Babies'

Rediff.com28 Nov 2025

'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'

First phase of India-US trade deal nearing closure: Official

First phase of India-US trade deal nearing closure: Official

Rediff.com18 Nov 2025

The first phase of the proposed India-US bilateral trade agreement (BTA) is 'nearing closure' and would address the hefty 50 per cent tariffs imposed by the Trump administration on Indian goods, in addition to resolving America's market access issues, a government official said on Monday.

How to Beat the Festive Debt Trap

How to Beat the Festive Debt Trap

Rediff.com5 Nov 2025

Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.

Bangladesh Cricket Hit By Harassment Claims

Bangladesh Cricket Hit By Harassment Claims

Rediff.com7 Nov 2025

'While I was bowling, he came up and placed his hand on my shoulder.' 'He had a habit of pulling girls close, pressing them to his chest, and talking near their ears.' 'We used to avoid him.'

'If You Can Make a Difference, Just Do It'

'If You Can Make a Difference, Just Do It'

Rediff.com11 Dec 2025

'There'll be extended periods where things aren't working in your favour. But if you believe in the cause profoundly, then you simply persevere.'

Bullion boom aids ETF assets cross Rs 1 trn

Bullion boom aids ETF assets cross Rs 1 trn

Rediff.com9 Oct 2025

The gold and silver holdings of domestic mutual funds (MFs) crossed the Rs 1 trillion mark for the first time in September, powered by a blistering commodity rally that lifted precious metal prices and drew fresh inflows into dedicated MF schemes.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Trump's Language Of Fascism

Trump's Language Of Fascism

Rediff.com8 Dec 2025

'Non-compatible with Western Civilization' is about as vague and jingoistic as it gets and Trump saying this gives full license to his acolytes to go full throttle on making life as difficult and scary as possible for as many non-white people as possible,' notes Sree Sreenivasan.

How To Plan For Your Child's Future

How To Plan For Your Child's Future

Rediff.com24 Oct 2025

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

Why Mamata is seeking compensation from Bhutan

Why Mamata is seeking compensation from Bhutan

Rediff.com13 Oct 2025

Mamata said at Nagrakata in Jalpaiguri district that the losses occurred owing to rainwater flowing down from Bhutan through various rivers.

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

ISL deadlock: Clubs run out of patience with AIFF!

ISL deadlock: Clubs run out of patience with AIFF!

Rediff.com16 Oct 2025

10 ISL clubs slam AIFF for delay in tender process, allege "breach of trust"

SMAT: Shami stars for Bengal; Kerala stun holders Mumbai

SMAT: Shami stars for Bengal; Kerala stun holders Mumbai

Rediff.com4 Dec 2025

Shami puts Bengal on top of points table with easy win vs Services

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

Bengaluru Faces Urban Breakdown

Bengaluru Faces Urban Breakdown

Rediff.com22 Oct 2025

Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.

Assam CIC quits over brother's link to Zubeen Garg's Death

Assam CIC quits over brother's link to Zubeen Garg's Death

Rediff.com6 Nov 2025

Assam Chief Information Commissioner Bhaskar Jyoti Mahanta resigned after an RTI request sought data on government funds given to his brother, who is linked to the death of singer Zubeen Garg. Mahanta cited his conscience and the need to avoid suspicion as reasons for his resignation.

EPF@8.25%: Is It Really Worth It?

EPF@8.25%: Is It Really Worth It?

Rediff.com9 Oct 2025

Here's unlocking the real story behind your EPF's 8.25% interest and what it truly means for your retirement kitty.

BFSI weight in Nifty 50 rebounds to 3-year high amid sector rotation

BFSI weight in Nifty 50 rebounds to 3-year high amid sector rotation

Rediff.com6 Nov 2025

The banking, financial services and insurance (BFSI) sector has moved back into focus for investors this calendar year, after lagging the broader market for two consecutive years. BFSI stocks have outperformed benchmark indices in 2025 so far, driving a steady rise in the sector's weighting within the Nifty 50 index.

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Rediff.com12 Nov 2025

Bajaj Finance's shares fell more than 7 per cent on Tuesday after it trimmed growth guidance for FY26, from 24-25 per cent projected earlier to 22-23 per cent.

AI Mania Drives Global Markets

AI Mania Drives Global Markets

Rediff.com3 Oct 2025

'India may never fully participate in the AI hype cycle, but we can position ourselves to benefit from its inevitable disenchantment and the cycle of disillusionment,' alerts Akash Prakash.

Why Firing Gambhir Won't Fix The Real Problem

Why Firing Gambhir Won't Fix The Real Problem

Rediff.com26 Nov 2025

Sack Gambhir before he damages any more careers, if you must. But it cannot stop there. The project ahead must be bigger, more ambitious, and far more urgent: Rebuilding the spine of Indian cricket from the grassroots up, and giving the Test team the seriousness it deserves. Only then will Indian cricket stop lurching from one crisis to another and begin, once again, to imagine greatness, suggests Prem Panicker.

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

How To Deal With Tax On ESOPs, HRA, LTCG

How To Deal With Tax On ESOPs, HRA, LTCG

Rediff.com21 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.