Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.
Your financial planning may need an overhaul.
The statement did not name any country. But the US has often blamed India and China for purchasing Russian oil even when there are no tariffs on Beijing for it.
IPOs have been the flavour of the season for some time. But the coming together of three mega IPOs, from diverse businesses and historic relevance, could tell a story that's still in the making, points out Nivedita Mookerji.
'A staggered investment approach (using SIP or STP) can help investors benefit from this opportunity while reducing timing risk.'
A lot of us save or invest without any particular goal in mind, paying the price in terms of lower returns.
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.
Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Outperforming the likes of Neeraj Chopra and Julian Weber in his debut World Championship is a nice feeling but India's new-found javelin throw talent Sachin Yadav says it cannot make up for the disappointment of "letting slip" an unlikely bronze after a strong start.
If your child is 20 when s/he decides to pursue higher eduction and her/his current age is 3 years, then here's a plan for you...
Climate activist Sonam Wangchuk called off his hunger strike as protests for Ladakh statehood and Sixth Schedule extension turned violent. The BJP office was set on fire, vehicles were torched, and clashes erupted, leading to the imposition of prohibitory orders.
The Trump administration is considering requiring all foreign students applying to study in the United States to undergo social media vetting, according to a report in Politico. In preparation for such required vetting, the administration is ordering US embassies and consular sections to pause scheduling new interviews for such student visa applicants. The report noted that if the administration goes ahead with the plan, it could severely slow down the processing of student visas and hurt many universities who rely heavily on foreign students to boost their financial coffers. This move comes days after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Programme (SEVP) certification, a move that meant Harvard could no longer enroll foreign students.
'We want to clear these pending refunds so that no issues arise once the new I-T Act takes effect.'
'If I have to go back, I would rather go back now because I don't want to face that situation when I'm in my 40s.' A young couple's journey through immigration uncertainty reveals not just the human cost of policy announcements, but a surprising rekindling of love for the homeland left behind.
It is good you have invested in the equity market with a long-term horizon of 10 years.
'I wasn't just racing, I was paving the way for others.'
Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.
Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.
In today's dynamic economic landscape, commerce and management education is crucial for a global career, says Nayagam PP.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
Taiwanese electronics giant Foxconn's Bengaluru factory, its second-largest manufacturing unit, has commenced operation with production of iPhone 17 recently at a small scale, sources aware of the development said. Foxconn is the largest manufacturer of iPhones, and the second-biggest facility outside China in Devanahalli near Bengaluru, being set up at an investment of $2.8 billion (about Rs 25,000 crore).
'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
The Enforcement Directorate (ED) has alleged that Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, provided evasive responses during questioning regarding a 2008 land deal in Haryana. The ED claims Vadra placed blame on deceased associates and exerted undue influence on government officials.
From managing expectations to bearing the high cost of the procedure, IVF treatments are a complex emotional journey that could strain your marital relationship, warns Dr Venkata Sujatha Vellanki, regional medical head and fertility specialist at Oasis Fertility.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
A godown employee in Delhi stole over Rs 4 lakh from his employer after befriending the guard dogs. The theft was motivated by the employer's refusal to grant him a salary advance.
The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
From tackling visa woes to admission counselling, rediffGURU Dr Karan Gupta helps you choose the right course and country to study abroad.
'It is a process that takes a certain amount of time and needs to be done keeping legal modalities in mind.'
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
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