The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.
The Reserve Bank of India (RBI) has declared a record Rs 2.87 lakh crore dividend to the government for the 2025-26 financial year, offering significant financial flexibility amidst global economic uncertainties.
The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.
Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.
Carlo Ancelotti has spent weeks warning that grit and resilience would decide a long, complicated World Cup. On this evidence, Brazil have been listening -- even if, for much of the match against Japan, they seemed determined to test the theory to destruction.
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.
Veteran BJP leader Hitendra Nath Goswami defeated Assam Congress president Gaurav Gogoi in Jorhat, securing his sixth term in the assembly. Goswami's grassroots campaign and extensive experience led to his victory.
Salaried taxpayers should not use these forms blindly to file their income-tax returns.
Investors should do thorough due diligence when selecting a platform.
'BJP wanted a compromised Opposition and found a match in this faction of the Trinamool.'
CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
Sunrisers Hyderabad's decision to ditch their all-out attacking approach with the bat and respect the conditions paid rich dividends against Chennai Super Kings.
A recap of the action of the eighth week of IPL 2026.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
The India women's football team secured a 3-2 victory against Malawi in the third-place play-off of the FIFA Series 2026 in Nairobi, with goals from Astam Oraon, Aveka Singh, and Priyadharshini Selladurai.
Ishan Kishan, leading Sunrisers Hyderabad in the absence of Pat Cummins, is considering relinquishing wicketkeeping duties to focus on captaincy and improve communication with bowlers, a tactical shift that paid off in their recent victory against Rajasthan Royals.
Protests on multiple fronts disrupted the atmosphere outside the FIFA Congress in Vancouver on Thursday, as demonstrators raised sharply different concerns over global politics and local issues.
IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.
Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.
Cooper Connolly slammed a fine unbeaten fifty as Punjab Kings defeated Gujarat Titans by three wickets in their opening Indian Premier League match on Tuesday.
Diamond Harbour FC secured their first-ever Indian Football League (IFL) victory, defeating Dempo SC 2-1 in a thrilling match at the Kalyani Stadium. Antonio Moyano and Hugo Diaz scored for Diamond Harbour, while Marcus Joseph netted Dempo's only goal.
For a franchise that has waited for nearly two decades for an IPL crown, could this be the year when Punjab Kings finally create IPL history?
Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions between India and Pakistan.
Sreenidi Deccan FC defeated Diamond Harbour FC 1-0 in an Indian Football League match, with Fabrice Kah scoring the decisive goal and Aryan Niraj Lamba saving a penalty.
We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
India Women beat Australia by 17 runs; clinch historic T20I series victory
'The real risk is not that AI will fail to transform India's economy.'
'The risk is that it already is -- while our measurement systems continue to look the other way,' observes Nishant Sahdev, a theoretical physicist at the University of North Carolina.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.
Internet subscribers, income growth, literacy and dependency ratio are the biggest drivers of growth.
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
