S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
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.
Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
A stampede occurred in central Amman during a crowded gathering of fans watching Jordan's World Cup match against Algeria, resulting in one death and eight injuries. The incident took place at Hashemite Square due to heavy congestion and crowd movement.
Haryana and Rajasthan have signed an agreement to implement the 1994 Upper Yamuna River Board (UYRB) agreement, allowing Rajasthan to receive water from the Hathini Kund barrage during monsoons. The pact, signed in the presence of Union Home Minister Amit Shah, resolves a 32-year-old issue concerning water allocation among Yamuna basin states.
An Air India flight from Delhi to Amritsar briefly entered Pakistan airspace during a go-around manoeuvre at Amritsar airport. India's aviation regulator, DGCA, has taken interim action against an air traffic controller and the operating crew for failing to report the incident, which is now under internal investigation by Air India.
A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, causing an immediate evacuation and scattering debris. The incident, which occurred in the prominent business district, has raised concerns, with authorities yet to comment and the origin and circumstances of the crash remaining unknown. The aircraft was identified as a Sunward SA60L Aurora, and the crash highlights recent stringent regulations on recreational flying in Beijing's airspace.
Senior batter Karun Nair believes that the hyper aggressive batting which was on display in IPL 2026 will reshape the mindset of batters across domestic competitions.
Algo strategies must be registered with stock exchanges.
Royal Challengers Bengaluru's director of cricket, Mo Bobat, stated the team will conduct an honest review of their recent defeat against Delhi Capitals but aims to avoid over-analysing the result. He acknowledged the batting unit's struggles and the challenging pitch conditions.
Royal Challengers Bengaluru look the most complete side in IPL 2026 as they face an inconsistent Delhi Capitals unit still searching for form.
Royal Challengers Bengaluru's Josh Hazlewood and Bhuvneshwar Kumar delivered a devastating bowling performance, dismantling the Delhi Capitals' batting lineup in a stunning IPL match.
Axar Patel expresses his bewilderment after Delhi Capitals' crushing defeat against Royal Challengers Bengaluru in the IPL, following a previous loss to Punjab Kings. He acknowledges the impact of missed opportunities and praises the opposition's bowling performance.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.
The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.
The Badminton World Federation (BWF) has announced its World Tour Calendar for 2027 and 2028, featuring a 35-tournament global circuit. The India Open Super 750 will see its dates shifted to February 2027 and January 2028, while the Syed Modi India International has been downgraded to a Super 100 event. The new calendar also introduces a 3x15 scoring system and extended competition windows to enhance player welfare and global reach.
The Badminton World Federation (BWF) has announced its World Tour Calendar for 2027 and 2028, featuring a 35-tournament global circuit. The India Open Super 750 will see its dates shifted to February 2027 and January 2028, while the Syed Modi India International has been downgraded to a Super 100 event. The new calendar also introduces a 3x15 scoring system and extended competition windows to enhance player welfare and global reach.
The planned India-Japan annual summit, featuring Japanese PM Sanae Takaichi and Indian PM Narendra Modi, has been moved from Guwahati to New Delhi due to logistical issues and Takaichi's tight schedule. The summit, scheduled for July 1-3, aims to boost bilateral ties with discussions on investment, supply chain deals, energy resilience, and strategic oil reserves, accompanied by a delegation of 50 Japanese companies.
Delhi Capitals' Director of Cricket, Venugopal Rao, identifies the loss of four quick wickets as the turning point in their IPL defeat to Chennai Super Kings, while also acknowledging fielding errors that contributed to the loss.
Terming the case as "rarest of the rare", additional judge (special judge) S R Salunkhe sentenced Bhimrao Kamble, who was present in the witness box.
Two-time Olympic medallist P V Sindhu has hailed India's upcoming hosting of the BWF World Championships as a "landmark moment" for the sport in the country.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
The BMC is closely monitoring reservoir levels and enforcing water conservation measures as concerns over supply grow.
'It shows that access to these technologies cannot be taken for granted.'
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
Sports Minister Mansukh Mandaviya will lead a mass yoga session in New Delhi for the 12th International Day of Yoga, themed "Yoga for Healthy Ageing," joined by actor Akshay Kumar. The Sports Ministry is organising nationwide events with over 15,000 participants, highlighting yoga's global impact since its UN adoption in 2014.
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
We have built an economy that can deliver everything -- from iPhones to biryani -- to a doorstep in 10 minutes, but it cannot deliver a fire engine through a lane in 20, points out Amit Kapoor.
Ayatollah Ali Khamenei was killed in US-Israeli strikes on February 28.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
An Indian Army contingent, Navy warships INS Tarkash and INS Ikshak, and a naval band are participating in Seychelles' Golden Jubilee National Day celebrations. Prime Minister Narendra Modi is attending as the Guest of Honour, underscoring the strong strategic partnership and defence cooperation between India and the archipelago nation.
India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.
The Congress-led UDF is set to move a no-confidence motion against the BJP-led administration in the Thiruvananthapuram Municipal Corporation. This move comes as the BJP faces a fragile majority, exacerbated by a councillor's arrest and the invalidation of oaths for 20 councillors. The UDF cites administrative paralysis and mismanagement, while the LDF's stance on supporting the motion remains a key factor.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.
Many traders spend hours looking for the perfect entry signal, the ideal indicator setup, or the next market-moving opportunity. Yet some of the biggest differences between consistent traders and struggling traders have little to do with finding better trades. They come from managing risk effectively.
Chennai Super Kings face Delhi Capitals in the IPL, seeking their first win of the season. Pressure is on the opening duo of Sanju Samson and Ruturaj Gaikwad to perform.
The Tamil Nadu government has appointed film producer K Venkata Narayana as the state's special representative to the government in New Delhi, evoking sharp criticism from the Bharatiya Janata Party and other opposition parties on Friday.
