'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.
Two terrorists were killed and five security personnel were injured in a fierce gun battle in a remote forested area of Kathua district in Jammu and Kashmir. The encounter, which involved a group of approximately five terrorists, triggered intense firing and explosions. The gunfight, centered near Jakhole village, resulted in injuries to Special Police Officer Bharat Chalotra, who sustained facial wounds. Three security personnel, including a Sub-Divisional Police Officer (SDPO), were reportedly trapped near the gunfight's location. The terrorists were moving through the forest area when a police party headed by an SDPO moved in after getting specific information. Reinforcements from the police, army, and CRPF were immediately deployed to the area.
Investing is not just about setting aside money -- it's about making it work for you, says Ramalingam Kalirajan.
The General said it was "too early" to take a call on the role of Bangladesh, where a change in government may bring about a change in the relationship between it and India.
Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.
JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.
The Punjab Police has busted a narco-terror module and arrested four individuals, including a father-son duo, recovering 4 kilograms of heroin. The accused were in direct contact with Pakistan-based drug smugglers, according to Director General of Police (DGP) Gaurav Yadav. The arrests were made in an intelligence-led operation by the Counter Intelligence (CI) unit in Amritsar, following inputs about individuals receiving a drug consignment from the Attari area. The DGP stated that preliminary investigations have revealed the involvement of a foreign-based individual identified as Bhullar, who is believed to be managing the gang.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.
Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.
'You need a 400-run season from Rohit Sharma. 15s and 20s converted into 40s and 60s.'
'My advice: Don't mark your portfolio to market every day. Focus on survival.'
Mumbai International Airport (MIAL) has proposed a significant increase in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF for the first time. However, MIAL also proposed a 35% reduction in landing and parking charges, aiming to balance infrastructure development with cost-effective air travel for airlines. The new tariff structure is subject to approval by the Airport Economic Regulatory Authority (AERA).
Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.
Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.
India and China celebrated the 75th anniversary of their diplomatic relations on Tuesday, with leaders from both countries exchanging congratulatory messages. The anniversary comes as the two countries are working to restore ties after a four-year freeze due to the military standoff in eastern Ladakh. Both countries have expressed a willingness to enhance strategic mutual trust and step up cooperation in various fields. The two sides are also exploring ways to rebuild ties and promote people-to-people exchanges.
The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.
'Once filed, it cannot be revised or rectified.'
Galatasaray have accused Jose Mourinho of making "racist statements" and said they will initiate criminal proceedings against the Fenerbahce manager over his comments following their 0-0 Super Lig draw on Monday.
Fifteen personnel of the public sector company got trapped in a mine Tuesday night when a cage used to carry the personnel fell down after a rope broke, police said.
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
China's military has said it is willing to work with India to find a solution to the border issue, while also pushing for sound and stable defence ties. The statement comes after recent meetings between officials from both countries to normalize relations following a prolonged period of tension.
The Director General of Police (DGP) of the Karnataka State Police Housing Corporation, Ramachandra Rao, has denied any knowledge of his stepdaughter Ranya Rao's alleged involvement in gold smuggling. Rao expressed deep distress over the incident, saying his reputation has been tarnished irreparably. He emphasised his lifelong dedication to honesty, integrity and discipline, and said his commitment to public service has always been his priority. Rao said he had no knowledge of the situation unfolding in his life and asked for fairness towards himself and his family. The DGP assured that if any laws were violated by Ranya, legal action would be taken.
Puzzled about the Waqf Bill? Syed Firdaus Ashraf explains how the amended Waqf law will plug loopholes in the existing legislation.
The 62-year-old former deputy chief minister was first elected the party president in 2008. His re-election at the outfit's general delegate session in Amritsar comes barely four months after he quit after he was declared 'tankhaiya' (guilty of religious misconduct) by the Akal Takht for "mistakes" committed by the Shiromani Akali Dal (SAD) and its government from 2007 to 2017.
Congress candidates lost their security deposits on all but three seats in the Delhi assembly polls as nearly 80 per cent of all contenders, including those contesting independently, forfeited their deposits.
'Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Security forces on Saturday extended the ongoing search operation to new areas after the body of the fourth policeman and two slain terrorists were recovered from the scene of a gunfight in a remote forested area in Kathua district of Jammu and Kashmir, officials said.
Union Minister Shivraj Singh Chouhan on Saturday slammed Tata Group-owned Air India for allotting him a 'broken and sunk' seat, prompting his ministerial colleague K Rammohan Naidu to instruct the airline to take 'necessary action'.
The interest rate on these schemes have remained unchanged for over a year now.
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