Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.
India's top cement producers delivered a solid July-September quarter (Q2) in 2025-26 (FY26), lifted by firmer prices, higher sales volumes, and a favourable base. Seasonal weakness and maintenance outages did dent sequential performance, but the overall picture remained positive - and the road ahead looks steady.
The transmission of the February and April rate cuts is now complete, validating the central bank's monetary stance and contributing to a revival in credit growth, said Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday. "We now have preliminary figures for June credit rates, and we find that for new loans, the rates are lower by at least 50 basis points (bps)... within two months of our 50-bp cut, we are in June, and the whole of the monetary policy transmission has happened.
Authorities in Kashmir have initiated a profiling process of mosques, madrassas, and individuals associated with their management following the exposure of a 'white collar' terror module. The enumeration drive focuses on the finances of these institutions and the backgrounds of their personnel.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Enforcement Directorate 'simply inverted the template' of Prevention of Money Laundering Act (PMLA) by registering a first information report (FIR) in 2021, a Delhi court on Tuesday said while refusing to take cognisance of the ED's money laundering charge against Congress leaders Sonia Gandhi and Rahul Gandhi in the National Herald case.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'
The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn't seem likely. However, the second quarter of the financial year 2026 (Q2FY26) was good year-on-year (Y-o-Y) for many cement majors aided by base effect, and some analysts expect acceleration in earnings and volume in the next financial year, again aided by base effect.
'New investors should enter gradually and stay cautious.' 'Silver is a structural multi-year story, but timing matters in a high-volatility metal.'
'Self-grooming is very important; not only to attract your partner but also to boost your self-esteem.'
'Stopping now would defeat the core purpose of an SIP, which is to average out the purchase cost over market cycles.'
'Pick a sum insured that realistically covers major hospitalisation costs in your city.'
To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.
She wore an unusual necklace featuring Prime Minister Narendra Modi's face on the red carpet.
Farmers in some villages of Maharashtra's Akola district claimed to have received as little as Rs 3 and Rs 21 as compensation under a central insurance scheme for the crop losses they suffered due to heavy rains, and called the aid as 'insulting' and 'mockery' of their plight.
The stock of the country's largest beer maker, United Breweries (UBBL), is trading at 25-month lows given multiple headwinds related to volumes, regulatory issues, and margin trajectory. After a muted second quarter (July-September) of 2025-26 (Q2FY26), brokerages also expect the company's Q3FY26 performance to be underwhelming.
Indians across the country welcomed the New Year 2026 with celebrations, religious observances, and gatherings at tourist spots. The President, Vice President, and Prime Minister extended greetings for peace and prosperity.
Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.
Civil society groups, led by the NREGA Sangharsh Morcha, are planning a nationwide protest -- similar to the farmers' stir a few years ago -- starting December 19 demanding scrapping of the new Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission.
'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'
The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.
Even as the results of Siemens for the second quarter of 2025-26 (Q2FY26) were a mixed bag, the stock was the top gainer in the BSE 200 index, rising 4.92 per cent in trade. Most brokerages are neutral or positive on the company.
'Some success has been achieved in raising the costs of terrorism for Pakistan.'
Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.
Investors encountering underperformance must be patient.
South Africa's stunning three-day win over India at Eden Gardens has drawn reactions from some of cricket's biggest names, with AB de Villiers, Faf du Plessis and Dale Steyn celebrating the historic result while Kevin Pietersen used the collapse-filled Test to launch a scathing critique of modern batting.
Forty-one Naxalites, including 32 carrying a reward of Rs 1.19 crore, surrendered in Chhattisgarh's Bijapur district, citing the government's surrender policy and rehabilitation efforts.
Make sure the rider adds value rather than just adding to cost.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Four More Shots Please 4 seems to have been made to show off trendy outfits because more than the script, attention was paid to the costumes, observes Deepa Gahlot.
'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'
The Supreme Court ensured a widow received compensation 23 years after her husband's death in a train accident, highlighting the court's commitment to justice for the poor.
A police sub-inspector and a constable in Bengaluru have been suspended following a viral social media post by a grieving father alleging harassment and corruption after his daughter's death.
'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'
Messi's return to Barca not realistic, says club president Laporta
'Rate cut looks unlikely and there is reason to believe that the cycle is over.'
'For the initial decade, I consistently advise young professionals to prioritise career development and income growth rather than market analysis.'
Investors seeking higher returns at relatively higher risk should consider allocation to smallcap equity funds.
rediffGURU Shalini Singh, founder of andwemet, an online matchmaking website for urban Indians, offers advice on how to deal with parents.
