FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
India has strongly criticised the local body elections in Pakistan-Occupied-Kashmir (PoK), labelling them as a facade to conceal Pakistan's illegal occupation and severe human rights violations in the region. External Affairs Ministry spokesperson Randhir Jaiswal reiterated India's stance that all of Jammu and Kashmir, and Ladakh, including PoK, are integral parts of India. He also dismissed Pakistan's claims to a shared cultural legacy, citing its history of promoting terrorism and fundamentalism.
Since the outbreak of conflict in the Middle East, 16 Indian nationals, including 10 seafarers, have lost their lives, and 75 have been injured. Separately, 30 Indian nationals were among 52 individuals arrested and deported by US Border Patrol during 'Operation Checkmate' for allegedly being in the United States illegally.
FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
'Getting involved with an ex has never ended well,' warns rediffGURU Archana Deshpande, life coach and founder of TransformMe Life Skills Coach.
Seventeen-year-old Janmoni Konwar from Assam won a gold medal at the National Karate Championship in Delhi, a remarkable achievement given her family lost their home and livelihood to devastating floods just weeks before the competition.
India is projected to attract between $80 and $85 billion through the Reserve Bank of India's (RBI) concessional swap facility, designed to boost foreign currency inflows, according to an SBI research report.
It is very unfortunate that China has decided to proceed with the controversial mega hydropower plants(despite the apparent opposition of many scientists in China). Why is Delhi silent about the development? asks Claude Arpi.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
Gurugram Police have arrested six individuals, alleging a planned conspiracy behind the recent unrest at factories in the IMT-Manesar area. Investigations suggest external elements incited workers to riot and engage in arson over salary hike demands.
My family produced a Malayalam movie in 1986. It had big actors in it. The songs were sung by K J Yesudas himself. The film starred two newcomers as the lead pair. It bombed.
Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.
The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
World champion D Gukesh is 'crumbling under the weight of expectations' and needs to 'shut out the noise' to regain his form ahead of his title defence, said American Grandmaster Hikaru Nakamura. Nakamura also revealed that the 2028 Chess Olympiad could potentially be his last tournament featuring 'true classical' chess.
Researchers have successfully demonstrated the transmission of quantum information over commercial fibre-optic infrastructure, a significant step towards building practical quantum networks. This breakthrough addresses the challenge of cost and maintaining fragile entangled states outside laboratory settings.
'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
Prime Minister Narendra Modi and NDA leaders reviewed India's progress in international sports and significant growth in youth employment opportunities at their weekly parliamentary meeting.
Organisers of the upcoming BWF World Championships have undertaken extensive upgrades at the Indira Gandhi Stadium in Delhi, including anti-bird measures, non-toxic gels, and even 'monkey whisperers', to prevent a repeat of the hygiene and disruption issues experienced during the India Open earlier this year.
Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
The mortal remains of Merchant Navy chief officer Sagar Gupta, who was killed in a Black Sea attack amid the Russia-Ukraine conflict, were brought to his native place in Kanpur on Wednesday, 18 days after the incident, with his family demanding 'martyr' status and compensation.
A parliamentary panel has strongly recommended that the Indian government appoint a dedicated 'polar ambassador' to enhance its strategic engagement and diplomatic influence in the critical Arctic and Antarctic regions, aligning with global trends and India's growing focus on polar affairs.
National Security Advisor Ajit Doval has urged India's youth to dedicate themselves entirely to national interest, rising above personal gains to capitalise on the current 'window of opportunity' for building a stronger nation. He emphasised that true freedom is not merely doing what one wants, but involves commitment and sacrifice for the country's progress.
India has lodged a 'strong protest' with Iran over recent strikes on commercial vessels in the Strait of Hormuz, which resulted in the death of one Indian sailor and injuries to several others, calling for an immediate cessation of hostilities and a return to diplomatic engagement.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
The Ministry of External Affairs (MEA) has clarified that an Indian passport is primarily a travel document issued to regulate the departure of citizens and is not intended as proof of citizenship. This statement comes amidst a debate on its use for verifying citizenship, particularly concerning electoral rolls, and has drawn criticism from opposition parties.
South American confederation CONMEBOL had officially proposed hosting the 2030 World Cup with 64 teams last year, allowing more countries the opportunity to join in the celebrations for the tournament's centennial edition.
The Delhi High Court will hear a Public Interest Litigation (PIL) seeking an investigation into the Cockroach Janta Party (CJP)-led protest at Jantar Mantar. The PIL alleges that the protest, initially framed as a student agitation, involved political leaders, foreign-funded organisations, and resulted in public disruption and damage, raising concerns about national security and public order.
India has lodged a strong protest with Russia following the killing of four Indian seafarers aboard a Guinea Bissau-flagged merchant vessel off the coast of Ukraine. The Ministry of External Affairs condemned the attack on the civilian ship, MV Golden Leo, which also left one Indian national critically injured.
An organisational meeting of the Punjab Congress in Ludhiana, aimed at preparing for the 2027 assembly elections, was marred by protests and "go back" slogans against senior leaders Bhupesh Baghel and Amrinder Singh Raja Warring, highlighting the party's persistent internal divisions.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
A healthy relationship should make you feel valued, whether you are alone together or in a room full of people, counsels rediffGURU Ravi Mittal.
