The number of companies with promoters whose demat accounts were frozen by the stock exchanges due to non-compliance increased over the past year. The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12.
India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.
Commercial banks in India reported 26 per cent year-on-year (Y-o-Y) growth in slippages at Rs 63,000 crore during the first quarter ended June 2025 (Q1FY26). This was predominantly due to stress in microfinance and unsecured retail portfolios of select lenders.
Uttam Ghosh offers his take on the Sena versus Ranaut take.
Uttam Ghosh offers his take on this unique Indian tragedy.
Uttam Ghosh fears demonetisation will lead to increased governmental meddling in the citizen's personal financial life.
Uttam Ghosh offers his take on the unusual events that have occurred within Modi-Shah's BJP.
State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Meanwhile, private sector HDFC Bank reduced its Marginal Cost of Funds-based Lending Rates (MCLR) by 10 basis points across tenure, which will benefit borrowers whose loans are linked to this benchmark.
Uttam Ghosh offers his take on India on the Global Hunger Index.
Uttam Ghosh on the Pradhan Mantri's year :)))
Uttam Ghosh/Rediff.com offers his take on the government's proposed land reforms.
Uttam Ghosh offers his take on the JNU ruckus.
Private equity and venture capital investments dropped to $4.7 billion in April this year on heightened uncertainty and high valuation expectations of sellers, a report said on Monday. The overall amount invested is 6 per cent lower than the $4.9 billion recorded in April 2024, and 20 per cent lower than the $5.9 billion in March 2025, the report by industry body IVCA and consultancy firm EY, said.
Uttam Ghosh/Rediff.com joins cartoonists worldwide in mourning the lives lost in the murderous terror attack at the French magazine, Charlie Hebdo.
Uttam Ghosh offers his take on the triple talaq issue.
The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.
Uttam Ghosh offers his take on how the growing mood of fear is crushing the Spirit of India.
Uttam Ghosh offers his take on how the migrants's plight has been aggravated by the erratic management of Shramik trains by the Indian Railways, headed by Railways Minister Piyush Goyal.
Uttam Ghosh offers his take on the Rafales's arrival at a time when India's coronavirus crisis is getting worse.
'Techies who did a master's there and moved to US companies look down on Indian companies who they consider as just doing body shopping.'
Uttam Ghosh offers his take on the mob lynching that took place in Palghar, Maharashtra, on the night of April 16, 2020.
Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.
India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.
Uttam Ghosh's take on the mood in the prime ministerial residence after the 2018 election verdict.
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.
Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
How long will Mehbooba be treated thus for her apparent refusal to go along with what the Modi Sarkar want? Uttam Ghosh offer his take on the unsavoury episode.
A parliamentary panel has sought details from two key government ministries on actions planned against social media platforms and influencers who "seem to be working against national interest" following a recent terror attack in Pahalgam. The panel, headed by BJP MP Nishikant Dubey, has asked the ministries of Information and Broadcasting, and Electronics and Information Technology to provide details of any contemplated action to ban such platforms under the IT Act 2000 and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. However, a member of the panel, Trinamool Congress MP Saket Gokhale, has denied receiving any communication related to the issue and claims that the chairperson cannot issue a statement without the approval of the committee.
Love as illustrated by a Rediff.com's cartoonist Uttam Ghosh...
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
Uttam Ghosh offers his take on comedian Kiku Sharda's shocking arrest
Uttam Ghosh asks if the hasty manner in which the farm bills were passed means another strike against democracy in a nation which prides itself as the most populous democracy in the world.
From the 30 blue-chip stocks, Titan, Asian Paints, Nestle, Tech Mahindra, Reliance Industries, Zomato, Larsen & Toubro and Bajaj Finserv were among the laggards. Adani Ports, Mahindra & Mahindra, Maruti, Sun Pharma, Bharti Airtel and Tata Motors were among the gainers.
Uttam Ghosh offers his take on 50 days of demonetisation.
Uttam Ghosh/Rediff.com offers his unique perspective on the logjam in Parliament.
The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
Uttam Ghosh/Rediff.com offers his take on the battle for Delhi's assembly.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
Uttam Ghosh offers his take on the Akbar controversy.