Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.
Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.
The Cockroach Janta Party (CJP) has reiterated its demand for Union Education Minister Dharmendra Pradhan's resignation, stating that Prime Minister Narendra Modi's announcement on fast-track courts for paper leak cases does not address accountability.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
The Congress-led UDF is set to move a no-confidence motion against the BJP-led administration in the Thiruvananthapuram Municipal Corporation. This move comes as the BJP faces a fragile majority, exacerbated by a councillor's arrest and the invalidation of oaths for 20 councillors. The UDF cites administrative paralysis and mismanagement, while the LDF's stance on supporting the motion remains a key factor.
With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.
A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.
US President Donald Trump claimed on Tuesday that Tehran has consented to long-term, comprehensive monitoring of its nuclear infrastructure. Concurrently, Washington will ease shipping constraints in the Strait of Hormuz and release bound financial concessions, subject to stringent American oversight.
Tennis legend Serena Williams' highly anticipated return to competitive action at Wimbledon after a four-year hiatus concluded with a 6-3 6-7(6) 6-3 defeat to Australian qualifier Maya Joint in the first round. Despite flashes of brilliance and fighting back from a match point, Williams was unable to overcome the 20-year-old, who secured the most significant victory of her career.
The case for long-term investment in gold, however, remains intact.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
In a statement issued following the announcement of the US-mediated deal, Qassem characterised the agreement as a 'humiliating' and 'shameful' surrender of Lebanese sovereignty that prioritises Israeli and American dictates over the nation's independence.
India's armed forces, including the Army, Navy, and Air Force, extensively participated in yoga sessions across the country to commemorate International Day of Yoga. From high-altitude regions to parade grounds, thousands of personnel, their families, and cadets engaged in various asanas, highlighting yoga's role in promoting physical fitness, mental resilience, and holistic well-being.
The Congress party's top leadership, including Mallikarjun Kharge, Rahul Gandhi, and K C Venugopal, met with Karnataka's chief minister-designate D K Shivakumar and incumbent Siddaramaiah to finalise the new cabinet, which is scheduled to be sworn in on June 3 in Bengaluru.
Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.
US President Donald Trump on Sunday said that the Israeli strikes on Lebanon's capital of Beirut "should not have happened", warning that such escalation could jeopardise the peace agreement with Iran to achieve a complete solution to the West Asia conflict, which, according to him, is within reach.
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.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
India's high cost of capital due to relatively shallow corporate bond markets, limited institutional investor depth, sovereign risk premia, and regulatory restrictions on capital flows, is a constraint on private investment and long-run growth, the Economic Survey, authored by Chief Economic Advisor (CEA) V Anantha Nageswaran, said.
Delhi Capitals coach Hemang Badani has lauded Mitchell Starc's influence on younger players, highlighting his work ethic, mentorship, and ability to perform under pressure, as the team fights for an IPL play-off spot.
Siddaramaiah met Rahul Gandhi to discuss his future role within the Congress party after resigning as Chief Minister of Karnataka. The meeting addressed his potential future roles and the formation of the new Karnataka government.
The falling Total Fertility Rate offers India a chance to become the Pandavas -- fewer in number, but each citizen genuinely empowered, educated, and capable of contributing to a civilisation worth building, asserts Amberish K Diwanji.
The Cockroach Janta Party (CJP), a youth-led online campaign turned protest movement, has issued a seven-day ultimatum to the government, demanding the resignation or sacking of Education Minister Dharmendra Pradhan over alleged irregularities in examinations and recruitment tests. The CJP, which organised a protest at Jantar Mantar, warned of nationwide agitation if their demands are not met.
Recent BJP organisational moves and Rajya Sabha nominations have sparked speculation that Prime Minister Narendra Modi may soon undertake a ministerial reshuffle.
Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Shares of Avenue Supermarts, operator of DMart, fell 5.2 per cent after reporting mixed Q4 FY26 results, with brokerages offering divergent 'sell', 'buy', and 'hold' ratings based on factors like valuation, competitive intensity, and store expansion strategies.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
Chinese President Xi Jinping has arrived in Pyongyang for his first official visit in seven years, meeting with North Korean leader Kim Jong-un to reaffirm their long-standing friendship and pledge further development of bilateral relations amidst Pyongyang's deepening military ties with Moscow and China's assertions against Japan's 'new militarism'.
Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.
Students at Jamia Millia Islamia University protested an event marking 100 years of the Rashtriya Swayamsevak Sangh (RSS), citing concerns over the 'saffronisation' of the campus and unequal treatment by the university administration.
Elina Svitolina of Ukraine defeated Coco Gauff in the Italian Open final, signalling her ambitions for the upcoming French Open.
