US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.
Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.
'...rectification has to happen then and there, and that takes additional time.'
Air India on Wednesday said it has cancelled its Lucknow-Mumbai flight scheduled for June 17 due to 'operational reasons' and the ripple effect of flight diversions.
Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.
More than 300 flights have been cancelled and at least 25 airports, including Srinagar, have been temporarily shut for operations amid restrictions in the wake of the armed forces launching missile attacks on terror targets in Pakistan on Wednesday morning.
India's last three major commercial aviation accidents --Patna (2000), Mangaluru (2010), and Kozhikode (2020) -- could offer critical safety lessons for the ongoing investigation.
Competition from Nepalese teas -- which has duty free access to the Indian market -- has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability.
Aam Aadmi Party (AAP) chief Arvind Kejriwal on Monday hailed the party's performance in the Gujarat and Punjab bypolls, calling them a 'semi-final to 2027' and a clear sign that voters would reject both the Bharatiya Janata Party and the Congress.
'Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.'
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
A new report, "India Justice Report 2025", highlights the stark gender disparity in India's police force, with less than 1,000 women holding senior positions like Director-Generals and Superintendents of Police. Despite growing awareness about the need for gender diversity in law enforcement, not a single state or Union Territory has met its target for women's representation in the police force. The report also emphasizes the significant challenges faced by the justice system as a whole, including infrastructural deficiencies, overcrowding in prisons, and inadequate staffing levels. The report calls for systemic reforms to address these issues and ensure a more equitable and accessible justice system for all.
The rain and flood situation in northeastern states remained grim on Tuesday, with lakhs people affected in Assam, Mizoram and Manipur, even as the meteorological department predicted more rain in several parts of the region.
Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.
The Supreme Court on Thursday directed the Election Commission of India (ECI) to produce before it in sealed cover the "up to date" data of funds received by political parties through electoral bonds till September 30, 2023.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).
Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors.
rediffGURU Dr Nagarajan JSK helps students make the right career choices, particularly in the fields of medicine and pharmacy.
'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'
Will Russia's entry deter Trump on his warpath?, asks Ambassador M K Bhadrakumar.
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.
The Reserve Bank of India (RBI) has relaxed card-on-file data storage norms pertaining to guest transactions checkout, whereby now, apart from the card issuer and the card network, the merchant or its payment aggregator involved in the settlement of the transactions can save the data for a maximum of T+4 days or till the settlement date, whichever is earlier. And, acquiring banks have been permitted to store the card-on-file data until January 2023 for handing other post-transactions activities. The industry reached out to the RBI on the issue and sought a solution.
The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.
Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).
The Competition Commission of India (CCI) on Monday imposed a penalty of Rs 213.14 crore on social media major Meta for unfair business ways with respect to WhatsApp privacy policy update done in 2021. Besides, the competition watchdog has directed Meta to cease and desist from anti-competitive practices.
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
While MBBS continues to be the most sought-after stream for medical aspirants, post pandemic, the demand for skilled nurses and physiotherapists are on the rise, notes Nayagam PP, career counsellor and founder of EduJob360.
'The US is strongly placed to expand its crude supplies to India.'
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
'Many were caught in a burnout race, chasing unsustainable growth without innovating.'
Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as "baseless". Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India.
So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.
Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.
India has raised concerns with the US over the recent deportation of 104 Indian immigrants, with Foreign Secretary Vikram Misri revealing that US authorities have identified up to 487 presumed Indian citizens with "final removal order." Misri also highlighted the "ecosystem to promote illegal migration" and stressed the need for action against those involved in facilitating such operations.
Edamame + truffle oil + basmati rice = an exquisite combo.
