Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand. There are three reasons for this: a statistical high-base effect given the strong growth seen last financial year, revision in risk weights by the Reserve Bank of India (RBI), and relatively slower economic activity.
In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.
Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.
India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."
A 36-year-old man diagnosed with Guillain-Barr Syndrome (GBS), a rare nerve disorder, died in a civic-run hospital in Pune, taking the number of suspected GBS fatalities to three in Maharashtra. The patient, a driver with a cab service, was admitted to the Yashwantrao Chavan Memorial Hospital (YCMH) in Pimpri Chinchwad on January 21. An expert committee at YCMH concluded that the cause of death was trauma to the respiratory system due to pneumonia, leading to severe difficulty in breathing. The committee also noted that the patient had been diagnosed with GBS, with a nerve conduction test done on January 22. The immediate cause of death was identified as severe acute respiratory distress syndrome (ARDS). With the latest loss of life, the number of suspected GBS deaths in Maharashtra has reached three. According to health officials, the suspected cases of the rare nerve disorder have risen to 130 in the state. Most of the cases in the state are from Pune and surrounding areas, and these infections, including the latest case, are likely linked to contaminated water sources. Campylobacter jejuni, a bacteria found in contaminated food and water, is believed to be the reason for the outbreak.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.
The Congress accused the BJP-led government of "destroying parliamentary norms" by ignoring the claim of Suresh, a eight-term Lok Sabha member, to the post of the pro-tem Speaker.
'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.
'We will be very, very proactive in providing whatever liquidity requirements are needed.'
A blame game began in the Congress on Tuesday as it failed in its bid to come back to power in Haryana after 10 years, with senior party leader Kumari Selja saying the party high command should assess all reasons that led to the disappointing result and identify the people responsible.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
He was disqualified from the Lok Sabha on October 4 for the second time this year.
Three Congress members of the Lok Sabha, who had reached the speaker's podium leading to their suspension from the house, on Friday expressed regret for their behaviour to the privileges committee of the lower house.
The Lok Sabha witnessed a display of linguistic diversity on Monday, with the newly-elected MPs taking their oaths in English and Indian languages, including Sanskrit, Hindi, Dogri, Bengali, Assamese and Odia.
Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.
10 vacancies in the Upper House after Rajya Sabha members were elected to the Lok Sabha.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
According to the agenda papers circulated by the Lok Sabha Secretariat, Ethics Committee chairperson Vinod Kumar Sonkar will lay on the table of the House the panel's first report.
Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.
Kodikunnil Suresh, the Opposition's pick for the Lok Sabha speaker who will go up against the Bharatiya Janata Party's Om Birla, is a Congress veteran, an eight-term MP and one whose election in 2009 was declared invalid by the Kerala high court before being restored by the Supreme Court.
Both Houses of Parliament were adjourned sine die on Thursday, a day ahead of the scheduled end of the Winter session, that saw a security breach in the lower house, suspension of over 140 MPs and the expulsion of Trinamool Congress leader Mahua Moitra.
Competition in the fast-growing quick commerce sector is heating up as Swiggy Instamart faces a tough challenge in narrowing the gap with Blinkit, which currently dominates the market. In the second quarter (Q2) of 2024-25 (FY25), Instamart's gross order value (GOV) rose by 42.1 per cent quarter-on-quarter (Q-o-Q) and 75.5 per cent year-on-year (Y-o-Y), reaching Rs 3,382 crore.
SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.
A five-member Constitutional Bench of the Supreme Court led by Chief Justice Cholendra Shumsher Rana issued the verdict stating that President Bhandari's decision to dissolve the lower house upon a recommendation of Prime Minister K P Sharma Oli was an unconstitutional act, delivering a major blow to the veteran Communist leader who was preparing for snap polls.
From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers. State Bank of India emerged as the only gainer from the pack.
We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.
The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.
The expelled Lok Sabha member from Krishnanagar in West Bengal, in her plea filed in October last year, sought permanent injunction against Dubey, Dehadrai, social media platforms X, search engine Google, YouTube and 15 media houses from making, publishing, circulating per se defamatory, ex facie false and malicious statements against her. She has also sought damages.
The Bharatiya Janata Party has begun consultations with its allies on the ruling National Democratic Alliance's candidate for the Lok Sabha Speaker's post while the opposition Indian National Developmental Inclusive Alliance (INDIA) is considering its options and may force a contest to score political points, sources said on Monday, a day before the filing of nomination for the key position.
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
'Trump administration wanted a positive tone at this summit, but there was still some anxiety that there could be some awkward moments -- and there were not.'
Several opposition parties have claimed that the mandate of 2024 Lok Sabha elections was against the ruling haratiya Janata Party, even though it was able to form the government with support of other parties.
The opposition, which had earlier accepted defeat, is again jumping around today, the UP CM said.
Former President Donald Trump is becoming increasingly unstable, obsessed with revenge and is out for unchecked power, Vice President Kamala Harris said on Friday in an unprecedented attack on her Republican rival ahead of next week's election.
Opposition leaders nominated to the panel of chairpersons to assist the pro tem Speaker are considering not accepting the positions, a source said on Saturday.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances