New investor additions by mutual funds (MFs) have slowed dramatically in recent months, indicating that market correction and a rise in volatility are somewhat dimming the appeal of equity schemes. MFs have onboarded 300,000 new investors in April 2025, the lowest in 22 months.
The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.
India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.
Assam journalist Dilwar Hussain Mozumder was arrested for a second time on Thursday after being granted bail in a previous case where he was accused of attempting to steal bank documents. The arrest came after Mozumder questioned the Managing Director of the Assam Cooperative Apex Bank Limited about alleged financial irregularities. Assam Chief Minister Himanta Biswa Sarma claimed that Mozumder is not a "recognized journalist" as the government only recognizes journalists from print and electronic media.
Welcome to Day 6 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Urdhva Dhanurasana, The Wheel Pose.
Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.
Welcome to Day 5 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Prasarita Padottanasana, The Wide-Legged Forward Fold.
Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.
Sundararaman Ramamurthy has assumed charge as managing director and chief executive officer of leading stock exchange BSE. In a regulatory filing last year, BSE said that markets regulator Sebi has approved the appointment of Ramamurthy as its MD and CEO. "Sundararaman Ramamurthy has assumed charge as MD and CEO of BSE," the exchange said in a release on Wednesday.
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
Welcome to Day 4 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Phalakasana or the Plank Pose.
'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.
For FY26, the company has adopted a cautious outlook, anticipating domestic growth to broadly track the industry's low single-digit estimated growth amid ongoing economic headwinds.
'Afterwards, some improvement is expected.'
Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.
Meghalaya Principal Secretary Syed Md A Razi was found dead inside his hotel room in Uzbekistan during a private visit to the Central Asian nation. Razi, an IRTS officer on deputation to the state since 2021, was in Uzbekistan's Bukhara city since April 4. He is suspected to have died of cardiac arrest. According to a senior government official, Razi did not respond to calls in the morning on Monday, and later the hotel staff broke open the door of his room, where they found his lifeless body. Necessary formalities are underway and Razi's wife is en route to Bukhara, Chief Minister Conrad K Sangma told PTI.
'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'
'Bank has enabling provision to raise capital up to Rs 7,500 crore over a longer period of time.'
India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).
A Dhaka court has ordered the freezing of 31 bank accounts linked to ousted prime minister Sheikh Hasina, her family members and their associates over corruption allegations. The accounts, holding a total of Tk 394.6 crore (INR 281.2 crore approximately), belong to Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, nephew Radwan Mujib Siddiq Bobby and their related organizations. The Anti-Corruption Commission (ACC) claims Hasina and others are trying to transfer the money from these accounts, prompting the court to issue the freezing order.
As temperatures shoot up this month signalling an early onset of summer, sales of air conditioners (AC) are set to increase, with companies expected to hike the prices of ACs by 4-5 per cent due to component shortages. Leading players like Haier and Bluestar and suppliers like EPack Durables have raised their production capacities to meet the 25-30 per cent rise in demand expected in the coming months.
'If you don't fulfil whatever they ask, you are in trouble.'
India thrash Sri Lanka 8-0 in SAFF U19 C'ship opener
The Ahmedabad air tragedy, which claimed the lives of all but one of the 242 passengers and crew on board, and several others on the ground, has left deep scars on BJMC's residential quarters and the psyche of the survivors.
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.
'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
Telecom operator Bharti Airtel posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. Bharti Airtel had posted net profit (attributable to owners of the parent company) of Rs 2,071.6 crore a year ago.
ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an official said.
State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.
Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.
The managing director and chief executive officer of a private firm were allegedly killed in a terrifying double murder in broad daylight by a former employee on Tuesday, the police said.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
Besides, the carrier is having a technical stop in Kolkata for some of the North America flights from Delhi, they added.
A third-year BTech student of IIT Kharagpur was found hanging in his hostel room on Sunday, the third such incident at the institute this year. Mohammad Asif Qamar, a civil engineering student, was found dead in his room in Madanmohan Malviya Hall. The institute said it is cooperating with authorities in the investigation and has offered condolences to Qamar's family. The institute has also reiterated its commitment to providing counseling services to students.
