Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
Haiwaan's staggeringly foolish notions make for unintended comedy, rues Sukanya Verma.
'Ashaji has not left the human heart. That is her true mehfil. That is where she resides -- unfading, unending.'
Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
At the end of October, Sri Lanka President Maithripala Sirisena handed over the deeds for the transfer of 116 hectares in Colombo Port City to China Harbour Engineering Company on a 99-year lease to build a financial centre.
A 16-year-old boy was severely injured in a shooting at a wedding in Badaun, Uttar Pradesh, following a dispute over a customary gift to a group of 'kinnars' (eunuchs). Police have arrested six people in connection with the incident and recovered weapons from their vehicle.
As per the Budget proposals, migration of a fund to a fund in IFSC will not be regarded as transfer if done on or before March 31, 2023. Transfer of units will be tax neutral. Grandfathered investments of the fund to continue to enjoy capital gains exemption on future sale by the IFSC fund. There is no impact on carry forward of losses for the investee company.
An Indian national, Jay Sunilbharthi Goswami, has been arrested and charged in the US for his alleged role as a "money mule" in a multi-million-dollar internet and telephone fraud scheme targeting elderly victims. Goswami, a Gujarat native, was detained in Canada while attempting to flee to Qatar, facing charges including wire fraud and money laundering.
The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.
Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.
When Atlanta hosted the 1996 Olympics, police were accused of arresting homeless people by the thousands. The crackdown resulted in a welter of lawsuits and news stories that caused long-term damage to the city's reputation. Now the Georgia state capital is looking to show the world that it has moved on, as it hosts World Cup games this summer.
Arti Dwarkadas, a former advertising professional, shares her experiences of transitioning from a balcony gardener to a rural Maharashtra farmer in Two Bandra Girls Buy A Farm.
International mutual fund schemes have seen a significant resurgence in investor interest, attracting approximately Rs 7,600 crore in net inflows over the past year, a stark reversal from previous outflows, driven by their strong outperformance against domestic markets and limited AI-linked investment opportunities in India.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.
Shiromani Akali Dal chief Sukhbir Singh Badal underwent a 90-minute surgery for a 'kirpan' attack injury sustained inside a gurdwara in Nanded and is now stable, with doctors repairing a tendon and ulnar artery nerve.
Work on projects worth Rs 1,000 cr in full swing: Gift City
New exchange will provide an electronic platform for trading.
Indian badminton sensation Tanvi Sharma, 17, secured her first BWF World Tour title by defeating Vietnam's Thuy Linh Nguyen at the Taipei Open Super 300. Coached by Park Tae-sang, she became the first Indian woman to win the singles title there since Saina Nehwal in 2008, showcasing her rising talent and potential.
From comic-book recreations and Daredevil connections to hints about Silk and the X-Men, here are 15 details you may have missed in Spider-Man: Brand New Day.
Finance Minister Arun Jaitley on Monday said state governments should emulate the concept of 'Gujarat International Finance Tec-City'
Bollywood actor Jacqueline Fernandez's plea against a Delhi court order to frame charges in a Rs 200-crore money laundering case is scheduled for a Supreme Court hearing. The case involves alleged conman Sukesh Chandrashekhar, who is accused of running an organised criminal network from jail and defrauding individuals.
The Supreme Court's verdict directing Tiger Global to pay capital gains tax on its 2018 sale of Flipkart shares is unlikely to accelerate the selloff by foreign portfolio investors (FPIs). However, legal and tax experts say the ruling sharpens scrutiny around treaty benefits and could influence how offshore investors structure future India bets.
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
Manchester City defeated Arsenal in a crucial Premier League match, while Liverpool secured a late win against Everton. Nottingham Forest also claimed a significant victory against Burnley.
Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.
The Budget will focus on Gujarat's GIFT City.
Pedro Porro has emerged as a pivotal player for Spain in the World Cup, transforming the right-back position into a strength. His exceptional performance against France in the semi-final, where he scored and was named MVP, has solidified his place, drawing parallels to Marc Cucurella's rise. Porro's defensive prowess and attacking contributions have been crucial for Spain's journey to the final against Argentina.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Bollywood actor Jacqueline Fernandez has withdrawn her plea from the Supreme Court, challenging a Delhi court's order to frame charges against her in a Rs 200 crore money laundering case.
Serena announced the news on social media alongside a video of herself limping.
Argentina and England are set to clash in a World Cup semi-final, marking their first such encounter, a match deeply rooted in decades of historical and footballing rivalry, including infamous incidents involving Antonio Rattin, Diego Maradona's 'Hand of God' goal, and the Falklands War.
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
Supreme Court Justice Prashant Kumar Mishra has recused himself from hearing Bollywood actor Jacqueline Fernandez's plea against a Delhi court order framing charges in a Rs 200-crore money laundering case, citing a conflict of interest.
Bangkok is a fast, 24-hour megapolis, full of joie de vivre and buoyance that you will be instantly smitten, like I was.
As the rupee weakens, wealthy families are accelerating investments in global assets.
Jude Bellingham delivered an authoritative and relentless performance, scoring two crucial goals to lead England to a 2-1 extra-time victory over Norway in their World Cup quarter-final, securing their place in the semi-finals.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.
Royal Challengers Bengaluru fans celebrated their team's IPL victory peacefully in Bengaluru, with police ensuring celebrations remained under control.
