In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.
With no success beyond opening, where does India fit Samson in batting order?
The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. They have also been barred from holding any key position in a listed company.
Calling itself the "custodian of the Constitution", the Supreme Court on Thursday asked if it could "sit idle" if a constitutional functionary like governor failed to discharge duties, as it reserved its verdict on the presidential reference on grant of assent to bills.
The invitation cards for the 79th Independence Day celebration also carry the Operation Sindoor logo, and the water mark of Chenab bridge to exemplify the rise of 'Naya Bharat'. Floral decorations at the venue will also be based on 'Operation Sindoor'.
Prime Minister Narendra Modi announced a Rs 1,600-crore assistance package for flood-hit Punjab after reviewing the damage. He also announced ex gratia for the deceased and injured. The state is battling its worst deluge since 1988.
BJP-ruled states argued in the Supreme Court that governors and the President have autonomy in assenting to bills passed by state assemblies, asserting that courts cannot mandate assent.
Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared to 7,323 e-PVs in June 2024, registering a sharp increase of 79.95 per cent year-on-year.
The Supreme Court has warned that it will set aside the special intensive revision (SIR) of electoral rolls in Bihar if any illegality is found. The court is reviewing the validity of the Bihar SIR and its potential impact on a similar exercise across India.
The Kerala model is crucial as SMA patients in India had a long wait for a viable treatment option.
The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.
Investors may wait for six months and then take another look at the stock.
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation.
Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives
The five-match Test series against India at home will be a massive Test for England's 'Bazball' brand of cricket under skipper Ben Stokes and head coach Brendon McCullum.
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
'The government's priority is not farmers.'
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
'Most of them (H-1Bs) are from one country, India, there's a cottage industry about how all those people make money off this system.'
Pixxel has raised $95 million in funding and with the company's commercial Firefly satellites up in orbit selling data globally 'we know and seen what it takes to make this business work.'
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'
'I want to ask Agarkar how Iyer is not among the reserve players if he is such a strong contender.'
A bench of Justices B R Gavai and Augustine George Masih issued notices to the Centre and others seeking their responses on a plea filed by the Delhi government against the December 24 2024 direction of the Delhi high court.
Nehru, India's longest-serving prime minister (1947-63), addressed the nation 17 times from the Red Fort. India's second prime minister Lal Bahadur Shastri delivered speeches from the Red Fort ramparts for two Independence Days in 1964 and 1965.
The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
Do home prices really never fall? Ramalingam Kalirajan begs to differ.
Delhi Lt Governor V K Saxena has ordered an inquiry against private persons allegedly gathering personal details of women in the name of Mahila Samman Yojana, his office said on Saturday.
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh, targeting everything from unemployment to crop productivity enhancement across the country. Presenting her eighth budget speech in Parliament, Sitharaman positioned agriculture as "the first engine of growth" and unveiled the Prime Minister Dhan-Dhaanya Krishi Yojana, a flagship program targeting 100 agri-districts grappling with low productivity, moderate crop intensity, and below-average credit parameters.
Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.
'Maintain a balanced approach with a preference for short-to medium-duration funds.'
IMD weather forecast predicted a moderate to intense spell of rain in these areas for the next three to four hours.
When we talk about Exchange-Traded Funds (ETFs), a few of their features that strike our mind are their low cost, easy-to-understand composition, and simple trading. While Index ETFs have always been popular among investors, Gold ETFs have garnered interest in recent years due to gold prices fluctuating near their all-time highs. But from a long-term investing context, do these ETFs really deliver?
Domestic automobile retail sales declined 4 per cent year-on-year in July amid drop in demand for passenger vehicles and two-wheelers, dealers' body FADA said on Thursday. Overall registrations dropped to 19,64,213 units last month, as compared to 20,52,759 units in July 2024.
Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.
'Handling or mitigating a rebellion is not a corporate plan with quarterly, half-yearly and annual goals and results but an aggregation of the effort of several years.'
Market regulator Sebi on Thursday said that timelines for portfolio rebalancing in mutual fund schemes will now be applicable to all types of passive breaches across actively managed schemes, which was earlier limited to only asset allocation. A passive breach refers to unintended deviations from the mandated asset allocation or regulatory limits that do not arise from the direct actions or omissions of asset management companies (AMCs).