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.
The Indian rupee depreciated 16 paise to settle at a fresh lifetime low of 96.86 against the US dollar, marking its ninth consecutive session of decline, driven by elevated global crude prices and a strong dollar.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.
Aahana Kumra shares lovely pictures with Danish Pandor from their trip to the UK.
Two teenagers were allegedly hacked to death in Jharkhand's Khunti district, police said on Tuesday. The 16-year-old boy and the girl, 17, had gone to attend a Chhau dance programme at Saiko Market Ground on Monday. After the cultural programme, they went to the nearby Hadia Market, where the attack is believed to have taken place, an officer said. The bodies were found in a secluded area near the Hadia Market, he said.
Indian benchmark equity indices, Sensex and Nifty, closed marginally higher, breaking a four-day losing streak, despite elevated crude oil prices and ongoing geopolitical uncertainties. The market saw a temporary pause in panic selling, though cautious sentiment persists.
In an event-heavy week ahead, stock markets are expected to track Q3 corporate earnings from several blue-chip firms, including TCS and Infosys, while inflation data and global trends would also dictate investors' sentiment, analysts said.
We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.
The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.
The option chain offers a deeper insight into market sentiment, institutional positioning, and potential price movements. However, despite its advantages, many traders still underutilise it. We will explore why option chain data is most powerful and the reasons behind its underutilisation.
Police in Thane, Maharashtra, seized 25,000 litres of diesel worth Rs 24.5 lakh from a tanker transporting the fuel illegally. A case has been registered against eight people, including the tanker owner and driver.
Three individuals have been arrested in Nagpur, Maharashtra, for allegedly murdering two fruit vendors following a dispute over work-related issues. The victims sustained severe head injuries and died on the spot after being attacked with bricks, stones, and a sharp weapon.
India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.
A man was arrested in Gurugram for allegedly running a fake clinic and treating patients without a medical degree for six years.
India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.
rediffGURU Vishal Bisht, founder and CEO of IT services provider Marksman Technologies, recommends strategies to build a successful brand.
A Delhi Police head constable was arrested by the vigilance unit for allegedly accepting a bribe of Rs 20,000 from a complainant in connection with a dispute involving a relative.
But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.
The men in my family left early. The women stayed. And somewhere in between, they made me whoever I am, notes Binu Alex.
Mizoram police conducted two successful anti-narcotics operations in Saitual and Champhai districts, seizing opium fluid and heroin with a combined market value of Rs 2.34 crore. Several arrests were made, and cases registered under the NDPS Act.
A devastating fire ripped through a three-floor commercial building in Lucknow, claiming the lives of at least 12 students and trapping several others. Rescue operations are ongoing, with Prime Minister Narendra Modi announcing ex-gratia for the deceased and injured.
Eight women have been arrested in Mizoram's Champhai district for possessing 352 grams of heroin, valued at approximately Rs 70 lakh, with the largest seizure involving a 19-year-old in Aizawl.
PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
AI is no longer a tool only for software engineers and technology teams.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.
'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'
Prime Minister Narendra Modi on Sunday used two major public engagements in Kolkata to outline a broader vision for India's future -- one rooted in inner balance and collective well-being through yoga, and the other in national self-reliance and maritime strength.
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
The Reserve Bank of India (RBI) has reported a significant increase in the use of the Indian Rupee (INR) for import and export invoicing and settlement, highlighting its growing internationalisation and mutual benefits for trading partners.
Lucknow police are searching for a 21-year-old woman whose father filed an FIR alleging she was forcibly taken away by an acquaintance. While the father initially mentioned conversion, police clarified that the complaint does not include religious conversion allegations, dismissing social media rumours.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.
Amidst a disappointing box office weekend for several new Hindi releases, Vikram Bhatt's Haunted 3D: Ghosts Of The Past has emerged as a surprising success.
Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.
'With inflationary pressures now at elevated levels and the adverse cost environment persisting, the company has to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible.'
Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan
The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.
