US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.
rediffGURUS who are career counsellors and JEE experts are currently helping counsel engineering aspirants to prepare for upcoming entrance examinations to secure a good college.
The United States on Saturday rejected the Bharatiya Janata Party's allegations that organisations funded by the US State Department and elements in the American 'deep state' were behind attempts to destabilise India through targeted attacks on Prime Minister Narendra Modi and business tycoon Gautam Adani.
State Bank of India, NTPC, ITC, Asian Paints, Bajaj Finance and Bajaj Finserv were also among the major laggards. In contrast, Power Grid, UltraTech Cement, HCL Technologies and Axis Bank were among the gainers.
Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.
State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK's BP in the Mumbai High field.
Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.
The Maharashtra State Commission for Women has directed Mumbai Police to take immediate action on a complaint filed by actor Prajakta Mali against MLA Suresh Dhas for making inappropriate remarks about her. Mali alleged that Dhas' comments impacted her personal and social life and led to defamatory content being circulated online. The commission has instructed the Mumbai Police Commissioner to submit a factual report on the matter. Dhas has stated that he is ready to face any consequences regarding the issue and has emphasized the need to focus on the Santosh Deshmukh murder case and crime in Beed district.
China has reiterated its plan to build the world's largest dam over the Brahmaputra River in Tibet, near the Indian border. The Chinese Foreign Ministry has assured that the project, estimated to cost around USD 137 billion, will not have any negative impact on downstream countries, India and Bangladesh. The ministry has stated that the project has undergone rigorous scientific verification and will be conducive to disaster prevention and mitigation, as well as climate change response. India has expressed concerns about the dam, raising the issue during talks with the visiting US National Security Advisor, Jake Sullivan. China has maintained that the project will not negatively affect the lower reaches and has committed to maintaining communication with downstream countries.
'The CM's credibility is on the line.'
Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.
'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.
Nationalist Congress Party spokesperson Suraj Chavan on Sunday took objection to Bharatiya Janata Party MLA Suresh Dhas targeting Maharashtra Deputy Chief Minister Ajit Pawar over the probe into the murder of a sarpanch in Beed district.
Maharashtra Deputy Chief Minister Ajit Pawar will come to know 'in a few days' if his Nationalist Congress Party and cabinet colleague Dhananjay Munde has any link to the sarpanch Santosh Deshmukh murder case, claimed Bharatiya Janata Party MLA Suresh Dhas on Friday.
An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling $5 billion in the Rooppur nuclear power plant, according to a media report.
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.
The India-US nuclear deal was aimed at ending India's nuclear isolation and nuclear apartheid, recalls Rup Narayan Das.
US President Donald Trump signed an executive order directing the Department of Justice to pause enforcing a nearly half-century-old law that was used to launch a bribery investigation against the Adani Group. Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.
Hero MotoCorp anticipates a big rebound in two-wheeler (2W) sales in rural India over the next four to eight quarters, driven by favourable factors such as a decent monsoon, rising crop prices, improved employment conditions, and increasing consumer confidence, its chief executive officer (CEO) Niranjan Gupta said on Wednesday. Amid tepid rural sales, he stated that there is a "strong case" for GST (goods and services tax) on entry-level two-wheelers, which are under 125 CC, to be moved down from 28 per cent to 18 per cent as they are used by "masses".
The BJP's victory in the 2025 Delhi Assembly elections was largely attributed to the Yamuna pollution issue, with the party successfully capitalizing on the backlash from Haryanvi-origin voters who perceived AAP's narrative on the river's pollution as an attack on their home state. The BJP's campaign focused on presenting itself as both the protector of Haryana's honor and the party with a concrete vision for the Yamuna's revival, ultimately leading to AAP's significant decline in the Yamuna belt and rural areas.
Prime Minister Narendra Modi said on Friday that there have been no attempts from abroad to stoke trouble in India ahead of the Parliament's Budget session, which begins on Saturday. Modi's statement comes as his government prepares to present its first full-fledged budget in its third term. He expressed confidence that the Budget session will infuse new confidence and energy in attaining the goal of 'Viksit Bharat' by 2047, and said his government has been working in a mission mode for an all-round development.
Dhananjay Deshmukh, brother of slain Beed sarpanch Santosh Deshmukh, climbed a village water tank on Monday and threatened to jump alleging that information about the investigation was not shared with the family. He demanded that the accused in the extortion case linked to sarpanch Santosh Deshmukh's murder be booked under murder charges. Family members of the slain sarpanch and Opposition leaders are demanding that state minister Dhananjay Munde's aide Walmik Karad, arrested in a related extortion case, be booked for murder. Santosh Deshmukh, the sarpanch of Massajog village, was abducted, tortured, and murdered on December 9. Preliminary investigation suggests that the sarpanch had tried to thwart an extortion bid on an energy firm operating a windmill project in the region. After climbing down the water tank, Dhananjay told reporters that he trusted Chief Minister Devendra Fadnavis' assurance on the probe. He further said his agitation was not a drama but a serious yearning for justice for his brother.
India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.
With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.
Walmik Karad, an aide to Maharashtra Nationalist Congress Party minister Dhananjay Munde, was on Tuesday charged under the stringent Maharashtra Control of Organised Crime Act (MCOCA) and remanded to 14 days of judicial custody in an extortion case allegedly linked to the murder of sarpanch Santosh Deshmukh.
IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.
Lock up on shares worth nearly Rs 1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note. Most of the shares are held by promoters, strategic investors or pre-listing shareholders in companies that have gone public in recent weeks or months.
The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.
The United States has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.
Here's your ultimate concert guide to the Music of the Spheres World Tour at Ahmedabad's Narendra Modi Stadium on January 25 and 26.
About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.
The Maha Kumbh Mela, a major Hindu pilgrimage, commenced in Prayagraj, India on Monday, with over 40 lakh people taking the first holy dip in the Sangam, the confluence of the Ganga, Yamuna, and Saraswati rivers. Uttar Pradesh Chief Minister Yogi Adityanath said the event, which runs until February 26, will elevate India's ancient cultural and religious traditions to global prominence.
State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.
The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Minister of State for Finance Pankaj Chaudhary tabled a notification in Rajya Sabha scrapping the levy on crude oil produced by firms like state-owned Oil and Natural Gas Corporation (ONGC) and exports of fuels done by companies like Reliance Industries Ltd.
The Indian government has come out with a nice name for its tried and tested 220MW pressurised heavy water reactor -- Bharat Small Reactor.
Paatal Lok 2 breaks the second season curse and spins yet another engrossing mystery, observes Mayur Sanap.
Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.
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