Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.
President Droupadi Murmu has given her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill, which aims to replace MGNREGA and guarantee 125 days of wage employment per rural household.
Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.
Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday.
The father had approached the Supreme Court in 2024 seeking passive euthanasia for his son. The court had then declined to grant relief.
The chief organizer of the Lionel Messi football event at Salt Lake stadium in Kolkata, where chaos erupted, has been remanded to 14-day police custody. The arrest follows allegations of mismanagement during Messi's appearance, which led to widespread frustration and vandalism among spectators.
Buoyed by the robustness in rural job market on account of rabi sowing, India's monthly unemployment rate fell to an eight-month low of 4.7 per cent in November, the latest periodic labour force survey (PLFS) monthly bulletin released by the National Statistics Office (NSO) on Monday showed.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying.
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
Two-time Olympics medallist P V Sindhu, Lakshya Sen and the star pair of Satwiksairaj Rankireddy-Chirag Shetty form the core of India's squad for the Badminton Asia Team Championships, in Qingdao, China, from February 3-8.
A court in Ahmedabad in Gujarat has directed the Congress and four of its leaders to remove a deep fake video of Prime Minister Narendra Modi and industrialist Gautam Adani from social media platforms.
'Exiting during corrections tends to lock in losses. Patient investors have benefited from holding through similar drawdowns in past cycles.'
The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.
Two more individuals have been arrested in Arunachal Pradesh on charges of espionage, bringing the total number of arrests to four. The individuals are accused of sharing sensitive security information with Pakistani handlers.
As the year draws to a close, Rediff's Senior Contributor Roshmila Bhattacharya takes a look at the hits and misses, the highs and lows, the newsmakers and the dealbreakers in alphabetical order.
West Bengal Chief Minister Mamata Banerjee criticized the BJP following an assault on food vendors at a Bhagavad Gita recital event in Kolkata, asserting that the state would not tolerate intimidation, communal division, or attempts to dictate dietary choices. She vowed stringent action against those responsible and accused the BJP of trying to import a culture of communal division and weaponize religious texts for political mobilization.
The Congress party has criticized the government for not inviting Leader of the Opposition Mallikarjun Kharge and Rahul Gandhi to the banquet for Russian President Vladimir Putin, while also questioning Shashi Tharoor's decision to accept the invitation.
India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.
The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.
'When the accused has a past record demonstrating unprecedented and unmatched criminality and perversion, I believe the interests of justice would have been better served if such a person remained behind bars.'
Among the Sensex constituents, Eternal, Trent, Bharti Airtel, Infosys, Tech Mahindra, UltraTech Cement, ICICI Bank, HDFC Bank, Bajaj Finance, Tata Consultancy Services, Bharat Electronics Ltd, Larsen & Toubro and Tata Motors Passenger Vehicles were the laggards. However, Tata Steel, Sun Pharmaceuticals, ITC, NTPC, Reliance Industries, HCL Technologies, PowerGrid, and Asian Paints were among the gainers.
In recent times, there have also been instances of GPS spoofing and interference incidents at Delhi, Mumbai, Kolkata, Amritsar, Hyderabad, Bangalore and Chennai airports.
The Enforcement Directorate (ED) will file a fresh charge sheet against Congress leaders Sonia and Rahul Gandhi in the National Herald money laundering case after taking cognisance of the latest Delhi Police FIR.
Wedding insurance goes far beyond protecting against cancellations.
'The tragedy underscored 'serious and widespread' weaknesses in the EPFO's monitoring system and its ability to detect and act against defaulting establishments.'
The Enforcement Directorate 'simply inverted the template' of Prevention of Money Laundering Act (PMLA) by registering a first information report (FIR) in 2021, a Delhi court on Tuesday said while refusing to take cognisance of the ED's money laundering charge against Congress leaders Sonia Gandhi and Rahul Gandhi in the National Herald case.
Congress leader Shashi Tharoor disputes Donald Trump's claims of using trade to stop the India-Pakistan military conflict in May, citing conversations with government officials.
The Telecom Regulatory Authority of India (Trai) said on Wednesday that instead of calculating charges for backhaul spectrum on a weighted-average formula based on the number of carriers a telco may have, a flat low rate should be applied.
'Bank has a robust capital adequacy base. Along with balance sheet preparation, the bank is focusing on strengthening risk management for the new regime.'
Despite trailing the benchmark Nifty 50, small and midcap (SMID) stocks appear pricey on a 12-month forward price-to-earnings (P/E) basis. The Nifty trades at roughly 21x forward earnings, compared with around 28x for both the Nifty Smallcap 100 and Nifty Midcap 100 indices.
A street vendor in Bihar's Nawada district died after a group of youth tortured him for hours because he was Muslim.
A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.
World number one Aryna Sabalenka said it would be unfair for women to face "biological men" in professional tennis.
The rupee plunged 26 paise to an all-time low of 90.75 against the US dollar in intra-day trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
As of now, no firm has launched a flex-fuel vehicle in India, as these models are more expensive than comparable petrol-run vehicles.
Rudrappa, who served as a car driver for Vice-Chancellors and Registrars of Karnataka University for nearly 23 years, was in for an emotional surprise on November 29 when he retired.
Investors seeking higher returns at relatively higher risk should consider allocation to smallcap equity funds.
The board of InterGlobe Aviation, the parent of IndiGo, has already set up a crisis management group in the wake of the significant operational disruptions that started on December 2.
rediffGURU T S Khurana answers readers' personal income tax queries
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