Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.
rediffGURU T S Khurana answers readers' personal income tax queries
Priyanka Chopra Jonas has announced a collaboration with Angelina Jolie while also sharing insights into her role in S S Rajamouli's Varanasi.
Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.
Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.
Lionel Messi's family has confirmed that his father, Jorge Messi, 68, is receiving medical treatment for an undisclosed health issue. They stated he is recovering well and responding positively to treatment, while also expressing frustration over media speculation and requesting privacy for the family during this time. The statement follows emotional scenes involving Lionel Messi during a recent World Cup match, which he later clarified were unrelated to football but due to difficult personal days.
An innovation roadmap, a mechanism to double annual bilateral trade within next five years, and a joint artificial intelligence framework were among 13 outcomes to emerge from wide-ranging talks between Prime Minister Narendra Modi and President Emmanuel Macron on Sunday.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.
The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.
Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'
Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.
Cyber Police have arrested Abdu Rahman in Delhi, a key accused in a Cambodia-based online fraud network. This syndicate, which initially used online trading and loan scams, shifted to matrimonial platforms to defraud Indian citizens, including a Kochi doctor who lost Rs 37 lakh. The network recruits Indians to work in scam centres in Cambodia and has been responsible for numerous online frauds.
Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."
British Prime Minister and Labour Party leader Keir Starmer has announced his resignation, stating he will remain in post until a successor is elected by mid-July. The decision follows questions from his parliamentary party regarding his leadership for the next general election, with Andy Burnham widely tipped as a potential successor.
Germany secured a spot in the World Cup knockout stage after a dramatic 2-1 comeback victory against Ivory Coast.
Odisha Police have arrested a man from West Bengal for his alleged involvement in an online investment fraud case involving Rs 12.33 crore.
The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.
Sometimes, what looks like overwhelming love is actually overwhelming anxiety, warns Tanvi Singh, co-founder and director, Leap of Love Foundation.
Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
'Long-term investors seeking sustainable gains from resilient, fundamentally strong companies may go for these funds.'
Set in the crucial 21 days between 25 July and 14 August 1947, Josy Joseph's upcoming book The Birth of a Nation: The Twenty-One Days That Made India uncovers the dramatic story of how India nearly fragmented into multiple independent states before independence.
Adani Group and Brazilian aerospace firm Embraer have selected Dholera, Gujarat, as the location for a final assembly line for Embraer's regional jets. This strategic collaboration, formalised by an MoU in January, aims to boost India's Regional Transport Aircraft programme and align with the Aatmanirbhar Bharat initiative and UDAN scheme. Embraer sees immense potential in the Indian market across various aviation segments.
Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.
Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.
'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'
If something matters, schedule it, block it, put a placeholder in your calendar, says Sonica Aron, founder and managing director of Marching Sheep.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
A 41-year-old man in Thane has alleged that four individuals kidnapped him, assaulted him, and forced him to transfer Rs 47.25 lakh, blaming him for stock market losses incurred by their clients. The accused are middlemen who invested through the complainant.
The Delhi High Court denied anticipatory bail to a man accused in an organised cyber fraud case involving the transfer of approximately Rs 1 crore in cryptocurrency. The court emphasised the need for custodial interrogation to unearth the larger conspiracy and recover the cheated amount.
BJP National General Secretary Tarun Chugh has criticised the AAP government in Punjab, citing failures in tackling drug trafficking, mafia activities, and a deteriorating law and order situation. He urged party workers to launch awareness campaigns against drugs and assist in the Special Intensive Revision exercise for upcoming elections, envisioning a drug-free, fear-free, and development-oriented Punjab.
