Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.
The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.
Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.
Building a good stock portfolio is not only about picking strong companies but also about understanding how corporate actions affect your holdings. Corporate actions such as stock splits, dividends, bonus issues, rights issues, mergers, and buybacks can change a company's valuation, share price, and your ownership.
Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
Delhi is preparing for its first artificial rain through cloud seeding to combat air pollution. A trial run was successful, and the first rainfall is expected on October 29 if weather conditions are favorable.
The committee said the Uttar Pradesh government did not file appeals against the high court's November 8, 2023 order and instead, an impleadment application was filed in the pending plea before the top court.
The Delhi High Court imposed a cost of Rs 20,000 on the central government for concealing facts in its plea seeking review of an order relating to the promotion of IRS officer and former NCB Zonal Director Sameer Wankhede.
After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
India's top listed real estate developers - DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties - reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend. According to Nomura, the top five developers - DLF, Lodha, Prestige, Oberoi, and Godrej - recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.
The initial public offer of app-based beauty and home services platform Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the last day of bidding on Friday. The Rs 1,900-crore IPO received bids for 11,06,46,08,960 shares against 10,67,73,244 shares on offer, according to NSE data.
TVK cadres are worried, the leadership looks weak, and the party is not fully prepared for the 2026 elections, observes N Sathiya Moorthy.
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.
A deep dive into Trump's new policy and what it means for Indian professionals and companies.
Ravichandran Ashwin entered his first ILT20 auction with a whopping base price of US$ 120,000 -- the highest for any player.
'If companies want to hire foreign workers instead of Americans, my bill will hit them where it hurts: Their pocketbooks.'
Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.
The data of ineligible beneficiaries has been submitted to district authorities for physical verification, and appropriate action will be initiated on completion of the scrutiny, the Women and Child Development Minister said.
'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'
'The Pahalgam terror attacks and the conflict that followed were a big blow to local tourism.' 'And just when things were starting to go back to normal, the floods, caused by heavy rain, spoiled all chances of a bounce-back this season.'
'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.
Russian President Vladimir Putin announced his upcoming visit to India in December and expressed his intention to address the trade imbalance between the two countries, particularly concerning India's crude oil imports from Russia. He also lauded India's independent stance on international issues and highlighted the strong relationship between the two nations.
Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.
The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.
The Rural Development Ministry has been allocated Rs 1.88 lakh crore in the Union Budget for 2025-26, around 5.75 per cent more than the allocation in the previous budget.
The investigation against Bharadwaj (45), former Delhi health minister, is understood to be linked to an Anti-Corruption Branch case into alleged corruption in health infrastructure projects by the previous AAP government.
'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'
The peace plan included that Gaza will be a deradicalised, terror-free zone that does not pose a threat to its neighbours and will be redeveloped for the benefit of the people of Gaza. The peace plan stated that if both sides agree to this proposal, the war will immediately end. Israeli forces will withdraw to the agreed upon line to prepare for hostage release.
Talks on global climate finance virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced a wide chasm between their expectations. This has raised doubts about whether an agreement can be reached this week or whether talks will spill over to COP30, to be held next year in Benem, Brazil.
The study said the fund cuts could reverse decades of progress and that for many low and middle-income countries, the resulting shock would be comparable in scale to a "global pandemic" or a "major armed conflict".
Erroneous payments were made to 77,980 women and 12,431 men, many of whom did not qualify for the scheme's benefits.
'Pakistan has found itself in a favourable position after Operation Sindoor by appreciating the mediation as claimed by Trump and recommending him for the Nobel Peace Prize.'
Shiv Sena (UBT) chief Uddhav Thackeray criticized the BJP over the arrest of climate activist Sonam Wangchuk and accused the party of corruption and divisive politics during his Dussehra rally.
Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. The prime minister on Tuesday met eminent economists and sectoral experts at NITI Aayog to hear their views and suggestions for the upcoming Budget. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025.
'India may never fully participate in the AI hype cycle, but we can position ourselves to benefit from its inevitable disenchantment and the cycle of disillusionment,' alerts Akash Prakash.
'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'
