The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.
India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.
'It has always been viewed as a hedge against inflation.'
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
Former IPL commissioner Lalit Modi has sensationally revealed that life-threatening intimidation from underworld don Dawood Ibrahim and his crime syndicate was the primary reason for his permanent retirement from cricket administration. Modi detailed how his unyielding stance against match-fixing and refusal to cooperate with the D-Company's multi-billion-dollar betting empire led to direct threats, including a phone call from Dawood and subsequent assassination attempts.
Indian benchmark indices Sensex and Nifty rebounded in early trade, driven by strong buying in blue-chip stocks and positive cues from Asian markets, following a significant selloff in the previous session.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.
Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.
Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.
External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.
Shiv Sena (UBT) leader Sanjay Raut has alleged that some Maharashtra MPs are being offered 'Rs 50 crore' to switch sides, amid intense speculation of an imminent split within the Uddhav Thackeray-led party. Raut challenged any dissidents to resign their parliamentary seats before defecting.
In the race for 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles deal, around 10 bids have been received from Indian private and public sector firms.
The Congress party has accused Home Minister Amit Shah of launching an "onslaught" on the Opposition and "wrecking" Indian democracy. The party alleges that Shah is enticing elected representatives to join the BJP with significant incentives, a claim echoed by Shiv Sena (UBT) leader Sanjay Raut regarding Maharashtra MPs. This comes amidst reports of defections from other parties like the TMC.
The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.
IPL 2026 champions Royal Challengers Bengaluru have no immediate plans to follow rivals and buy franchises in overseas leagues, co-owner Satyan Gajwani said.
A significant structural shift is underway in India's gold market, with investment purchases projected to account for 35-40 per cent of total consumption by FY27, driven by geopolitical uncertainty, price momentum, and portfolio diversification.
The case for long-term investment in gold, however, remains intact.
A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan
'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'
Investors should do thorough due diligence when selecting a platform.
Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
Salaried taxpayers should not use these forms blindly to file their income-tax returns.
Jharkhand Police have solved the murder case of 18-year-old Pramod Yadav in Chatra district, arresting two adults and a minor. The victim, who was reported missing, was found buried, and investigations revealed he was killed by friends over a dispute involving illegal weapons.
Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."
Police in Jharkhand's Khunti district arrested four individuals and seized 2.328 kg of opium valued at Rs 12 lakh. The arrests followed a tip-off about an opium dealing operation in Tamab village, involving both cultivators and buyers from West Singhbhum district.
The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.
Speculation is rife about a potential rebellion among MPs of the Uddhav Thackeray-led Shiv Sena (UBT), with ruling Sena leader Pratap Sarnaik hinting at welcoming dissidents. Despite a Sena (UBT) MP meeting a rival minister and several skipping a party meeting, senior leaders Sanjay Raut and Anil Desai have dismissed the defection rumours, asserting the unity of their parliamentarians.
Canadians and tourists at Niagara Falls celebrated Canada's historic first-ever win at the FIFA World Cup against Qatar. The euphoric victory, witnessed by hundreds at a special viewing event, sparked widespread joy and a renewed interest in football across the nation.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
rediffGURU Ulhas Joshi answers your mutual fund queries.
L'Oral has announced its acquisition of a majority stake in Innovist, an Indian direct-to-consumer (D2C) personal care company, marking a significant expansion in India's rapidly growing beauty industry.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
Toy Story 5 delivers a timely and visually stunning narrative that gently but firmly advocates for protecting children's imagination from the pervasive influence of digital devices, notes Deepa Gahlot.
A year after accidentally filming the tragic Air India crash in Ahmedabad, 18-year-old Aryan Asari, now known as the 'Aeroplane Boy', shares his story of unexpected fame and the lasting fear that prevents him from filming aircraft or flying himself.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
