Sector analysts in India feel that the new convention may not lead to a significant increase in the number of Indian employees being sent to the UK.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.
A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.
Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.
Aviation watchdog Directorate General of Civil Aviation (DGCA) on Tuesday said surveillance conducted at major airports revealed several defects in the aviation ecosystem, including multiple cases wherein the defects reappeared on aircraft and centre line marking faded on runway.
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
The Galwan clash occurred six months after the Doklam disengagement and two high-profile meetings. India should not be caught by surprise once again, asserts former foreign secretary Shyam Saran.
A preliminary investigation into the Air India Flight 171 crash in Ahmedabad reveals that both fuel switches were cut off before the crash, followed by pilot confusion. The report also indicates that fuel samples were satisfactory and no immediate action is recommended for Boeing 787-8 operators.
Inter Kashi become I-League champions after CAS rejects AIFF Appeal Committee decision
The east-west connector, earlier known as the Carnac Bridge and named after former Bombay Province governor James Rivett Carnac, who held the office from 1839 to 1841, has been rechristened as 'Sindoor Bridge' (after Operation Sindoor).
A commander of the banned CPI (Maoist) was killed in a gunfight with security forces in Jharkhand's Palamu district. Another red rebel, carrying a bounty of Rs 15 lakh, was injured in the encounter. Several weapons, including a self-loading rifle, were recovered during the search operation following the gunfight.
'Opt for a minimum cover of Rs 10 lakh to Rs 15 lakh, especially in urban and metro areas.'
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.
'India enjoys conventional superiority, but nuclear deterrence imposes clear boundaries.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.
Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. In June 2022, the capital markets regulator Securities and Exchange Board of India (Sebi) permitted MFs to invest in foreign stocks within the aggregate mandated limit of $7 billion after a correction in stocks. One of the proposals shared with the RBI is to link MFs' foreign investment limit to the country's foreign exchange reserves.
Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
If the 'Captain Cool' trademark goes through, it could trigger a wave of similar attempts by celebrities to trademark nicknames given to them by fans.
'We will see whether there were losses or not, and whether the war aims were achieved. When the truth comes out, some may well be surprised,' says Dassault CEO.
One should avoid keeping excessive funds in one's savings account.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
The upcoming Durand Cup may have only six Indian Super League (ISL) teams in the fray, down from 12 last season.
The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.
India is expected to finalize the procurement of 26 naval variant Rafale jets and three Scorpene submarines from France in the coming weeks, further bolstering its naval capabilities. The deals, which are in the final stages of approval, could be announced during Prime Minister Narendra Modi's visit to Paris next month for an AI summit. The procurement of the Rafale (M) jets will be based on an inter-governmental agreement (IGA). The Indian Air Force is considering acquiring additional Rafale fighter aircraft squadrons. The deal for three Scorpene submarines follows the successful construction of six Scorpene submarines in India under Project 75. The defense and strategic partnerships between India and France have been strengthening in recent years, with both countries collaborating on joint development projects for jet and helicopter engines and advanced defense technologies.
X calls the home ministry's Sahyog portal a 'censorship portal', stating it usurps judicial functions.
The court observed that protection of the floodplains aimed to secure the fundamental human right to a clean and healthy environment for Delhi residents and future generations.
Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
State-owned Indian Renewable Energy Development Agency's (Ireda's) chairman and managing director Pradip Kumar Das has announced that the company has requested the government to allow it to carry out a follow-on public offer (FPO) as it will need further equity infusion to maintain the pace of growth. The FPO would aim to raise between Rs 4,000 crore and Rs 5,000 crore. Ireda, which provides funding assistance and other services to renewable energy and energy efficiency/conservation projects and is 75 per cent owned by the government of India, has requested the Union Finance Ministry to be included under Section 54EC of the Income Tax Act, which will help reduce borrowing costs.
'Trump's sons, and the son of Trump's Mideast envoy Steven Witkoff, are in the crypto business and recently signed deals with Pakistan's crypto council.' 'It may not be coincidental that not long before the Trump-Munir meeting, the head of Pakistan's crypto council met with Trump's White House crypto policy czar.'
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
The Congress on Wednesday expelled former Madhya Pradesh MLA Laxman Singh, who is brother of ex-chief minister Digvijaya Singh, from the primary membership of the party for six years for 'anti-party activities'.
'Neither are Baloch insurgents capable of breaking up Pakistan, nor has Pakistan learned any lessons from the 1971 debacle that led to the country's dismemberment.'
Mutual funds (MFs) have significantly increased their ownership across market segments, but the midcap space stands out with comparatively higher growth. Data reveals that the number of midcap companies with over a fifth of MF ownership has doubled from nine in March 2022 to 18 by March 2025. In contrast, largecap stocks saw only a marginal rise, from three to four such companies during the same period.
