Electric vehicle (EV) manufacturers breathed a sigh of relief after the GST Council on Wednesday night retained the concessional 5 per cent rate on EVs, though they now face competition from small petrol and diesel cars, which will attract a lower 18 per cent levy.
'GST reduction will help larger and high-end cars too.'
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.
'For tech fields like AI-DS, the US, Canada, UK, Germany and Australia are popular due to strong research and industry links', says rediffGURU Dr Karan Gupta.
India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.
The festival's People's Choice Award, voted by the audience, is a strong indication of films that can eventually be nominated and even win Oscars. Twelve of the last 15 People's Choice winners have received Best Picture Oscar nominations.
A businessman in Kerala has released CCTV footage allegedly showing police officers assaulting restaurant employees in custody. The businessman claims the incident occurred in May 2023 and that his attempts to seek justice have been met with resistance.
'Traders and exporters will have to explore alternative markets.'
Unless a player picks up an injury in training, India's team is expected to wear the same look against a Pakistan squad that are without top stars Babar Azam and Mohammad Rizwan, lending it a look of youth and experience.
'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.'
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
'It is daunting, for sure, because you're rowing upstream.'
A US lawmaker and former officials warn that President Trump's policies are damaging the strategic partnership between the United States and India, potentially driving India closer to China and Russia.
'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'
Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated $2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. The issue is expected to value the company around $11 billion, they added. Tata Capital is likely to make its stock market debut by September 30.
United States President Donald Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi 'very substantially' over the next 24 hours because it is buying Russian oil.
The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 60.5 in July, little-changed from 60.4 in June, and the rate of expansion was the best seen since August 2024.
'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'
'I wasn't just racing, I was paving the way for others.'
Chinese envoy Xu Feihong stated that China opposes the US imposing tariffs on India, amidst a thaw in Sino-India relations and concerns over global trade disruptions.
'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'
'The world now realises that semiconductors are not just important for national security, but also for economic prosperity.'
AB de Villiers isn't tempted to a return to international cricket or a high-profile tournament like the Indian Premier League (IPL) despite proving his insatiable appetite for piling up runs in the World Championship of Legends.
Tanush Kotian once again showcased his ability to absorb pressure with a fighting fifty to shore up West Zone against Central Zone in the Duleep Trophy semifinals
Newly appointed India head coach Khalid Jamil on Sunday cleared the air about the leaving out of talismanic striker Sunil Chhetri from the CAFA Nations Cup national camp, saying it was just a preparatory tournament for the crucial Asian Cup qualifying round matches in October.
In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.
Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.
'...as then it brings them closer to the complaints and grievances that the public faces.'
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.
Bollywood actor Vivek Oberoi has shared details about his journey from film stardom to becoming a successful global entrepreneur. In an article for Rolling Stone, which he also posted on social media platform X (formerly Twitter), Oberoi explained how stepping away from fame helped him focus, grow, and build a lasting legacy.
rediffGURU Nayagam PP, career counsellor and the founder of EduJob360, counsels students and aspiring professionals about how they can make the right career decision.
'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).
Lord Paul, founder of the UK-based Caparo Group of industries, had been taken ill and hospitalised recently, where he passed away surrounded by members of his family.
SOFs can be a diversification tool for investors seeking alternatives to conventional large, mid, or smallcap portfolios.
At 8,700 screens, India, the world's largest film producing country, has just six screens for every million of its people, compared to 125 in the US and 30 in China. With Sitaare Zameen Par, Aamir Khan hopes to expand the market for Indian cinema.
Recently-retired Indian table tennis great A Sharath Kamal has given himself 11 years to produce the country's first Olympic medallist in the racket sport and German football club Borussia Dortmund could end up being his unlikely ally in pursuit of this path-breaking dream.
While retirement is very much a cricketer's individual call, the counter point will be if the national selectors or the BCCI feel that they need to look at the bigger picture and have only one among Rohit and Virat in the ODI set-up going forward.
'He was like a sponge. He soaked up everything we taught him -- and when it came time to play, he'd squeeze out exactly what was needed on the board during tournaments.'
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