Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
'We do not want a situation where we onboard people and have challenges of deployment.'
A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. To give impetus to the talks, India's chief negotiator Rajesh Agrawal, special secretary in the Department of Commerce, and Assistant US Trade Representative for South and Central Asia Brendan Lynch had last month held three-day talks in Washington.
Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.
Djokovic is the last member of the "Big Four" still standing and the Serb said he wanted to continue giving to the sport.
The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.
Pakistan is holding a high-level security meeting to formulate a response to India's suspension of the Indus Water Treaty and downgrading of diplomatic ties. The meeting, convened by Prime Minister Shehbaz Sharif, will include the National Security Committee, three services chiefs, and key ministers. The move comes after India blamed Pakistan for a terror attack in Pahalgam, which Pakistan has denied. Diplomatic observers warn that the escalation could further strain relations between the two countries.
The United States and Ukraine have signed an 'economic partnership agreement,' giving Washington, DC access to Ukraine's rare earth minerals in return for creating an investment fund in the country, CNN reported.
Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.
Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties. CEO and Managing Director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty.
Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.
'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'
India's Foreign Secretary Vikram Misri has underscored the importance of not equating the victims and perpetrators of terror attacks, highlighting the need for global unity in combating terrorism. Speaking at Raisina Tokyo 2025, Misri expressed appreciation for Japan's support following the recent terror attack in Pahalgam, India. He also cautioned against the trend of some Western countries hyphenating India and Pakistan in the context of their recent military confrontation. Misri further outlined India's economic aspirations and its commitment to becoming a factor of stability in a turbulent world.
'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
Just-retired ICC match referee David Boon says ball tampering and security issues were the biggest challenges that he found "confronting" during his 14-year tenure in the position.
The US carmaker's entry into India is expected by the last quarter of the current financial year.
India's exports grew marginally by 0.7 per cent to $41.97 billion in March, while the trade deficit stood at $21.54 billion in the month, the latest government data showed on Tuesday.
'It is important India to stay focussed on its primary national objectives: Combating terrorism; not losing sight of other security and strategic concerns (on the Sino-Indian front for instance); ensuring a strong economy and registering growth which includes improving the lot of common people; and finally making certain that the social fabric remains intact and harmony among people is not jeopardised, at least any further,' asserts Nilanjan Mukhopadhyay.
Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm's regulatory filing. Besides, the ministries have also sought clarification on reports "regarding non-compliance to the requirement of trade certificates", Ola Electric Mobility said in a regulatory filing.
In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.
If a woman can fly Rafale fighter jet in the Indian Air Force, then why are fewer women officers in gender neutral posts of judge advocate general (legal) branch of the Army, the Supreme Court wondered recently and questioned the Centre's rationale on a 50-50 selection criterion.
The Karnataka Legislative Assembly passed a Bill providing 4% reservation for Muslims in public contracts, sparking protests from the opposition BJP. The Bill, which amends the Karnataka Transparency in Public Procurements (KTPP) Act, aims to increase Muslim participation in government contracts valued up to Rs 2 crore for civil works and Rs 1 crore for goods and services. The BJP criticized the move as unconstitutional and vowed to challenge it in court.
Ronald Rowe Jr said that the suspect did not have a line of sight of Trump and was not able to get any shots off at the agents who were sweeping the course, according to a Politico report.
Banks have outperformed the broader market in the past six months and most of the leading lenders have given positive returns to investors compared to a negative return delivered by benchmark indices.
'We believe that in the new world order FTAs or bilateral trade agreements (BTAs) are the way forward.' 'They are enablers for our participation in global value chains. Today, around 70 per cent of global trade is tied to these chains.'
rediffGURU Dr Shakeeb Ahmed Khan, a senior consultant physiotherapist, guides you on how to identify and treat pain and injuries effectively.
Raymond Ltd chairman and managing director Gautam Singhania's estranged wife Nawaz Modi Singhania has resigned as a director on the board, according to a statement by the company on Wednesday. Raymond Ltd has announced the resignation of Nawaz Modi Singhania as a director on the Board of the company.
India has suspended the Indus Waters Treaty with Pakistan, citing sustained cross-border terrorism and security concerns. The treaty, brokered by the World Bank in 1960, governs the distribution and use of the Indus river and its tributaries between the two countries. India's decision follows a recent terror attack in Jammu and Kashmir, and has been met with strong condemnation from Pakistan.
The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.
'Expect India to keep doing well irrespective of geopolitics.'
India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
India's services sector growth quickened in June from May's five-month low, amid a stronger rise in new orders and an unprecedented expansion in international sales, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services Business Activity Index rose from 60.2 in May to 60.5 in June, pointing to a sharp expansion in output. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
Some of his directives had the Supreme Court judges disclose their assets whereas the row over the discovery of cash from a sitting judge's official residence paved way for inquiry.
Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.
Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.
'Pakistan's only concern has been while they were on the FATF watch list was to distance their State institutions and organs from any direct connection with the actual execution of militancy inside Kashmir.'
At least six people were killed and 30 injured in a stampede during a temple festival in North Goa, India. The incident occurred at the Sree Lairai Devi temple in Shirgao village, around 40 km from Panaji, as thousands of devotees thronged the narrow lanes to the temple for the annual festival.
India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.
India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.
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