Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
The final NRC, a list of Indian citizens residing in Assam, was released in 2019 by excluding 19,06,657 people. However, it has not been notified by the Registrar General of India, leaving the controversial document without any official validity.
Markets regulator Sebi will soon set up a working group to undertake a comprehensive review of short selling and the Securities Lending and Borrowing (SLB) frameworks, its chairman Tuhin Kanta Pandey said on Friday. The framework for short selling, introduced in 2007, has largely remained unchanged since its inception.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Among major Sensex gainers Bajaj Finserv rose the most by 1.42 per cent, Axis Bank gained 0.80 per cent, Infosys by 0.72 per cent, Mahindra & Mahindra by 0.60 per cent, Tata Motors by 0.55 per cent, Bajaj Finance by 0.53 per cent and Tata Steel by 0.52 per cent. Kotak Mahindra Bank, ICICI Bank, HCL Technologies, Bharti Airtel, Maruti Suzuki India, Trent Ltd and Tata Consultancy Services were the losers.
The Income-Tax Department on Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10 lakh under the anti-black money law. The department issued a public advisory as part a compliance-cum-awareness campaign launched recently by it on Saturday to ensure that such information is reported by the assessee in their Income Tax Return (ITR) for assessment year (AY) 2024-25.
India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.
'Trade deal will act as a strong trigger for market sentiment, not just for domestic investors but also for FIIs.'
Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.
Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
Non-resident Indians (NRIs) haven't gone big on the Indian stock market story despite the post-pandemic boom. While domestic participation through mutual funds (MFs) and dematerialised accounts has soared, NRI participation figures show limited signs of a similar rise.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The two men had been instructed to carry out a terror strike in a crowded Delhi location on Diwali, targeting a prominent mall and a public park.
Prime Minister Narendra Modi on Saturday claimed that people were not voting for the Rashtriya Janata Dal-helmed opposition in Bihar as they fear that if voted to power, its regime will 'put katta to their heads and order them to hold their hands up'.
EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan
Karnataka Minister Priyank Kharge and Congress leader B K Hariprasad have raised concerns about the RSS not being a registered organization and questioned the sources of its funding, alleging that this lack of registration allows the RSS to evade government regulations. BJP leaders have defended the RSS, stating that registration is not mandatory for all organizations.
Dabang Delhi were crowned champions of the Pro Kabaddi League Season 12 after their thrilling 31-28 victory over Puneri Paltan.
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
Prime Minister Narendra Modi criticized the Congress party, alleging that the dropping of important stanzas from the national song 'Vande Mataram' in 1937 sowed the seeds of partition. He made these remarks during the inauguration of the year-long commemoration of 'Vande Mataram'.
The suspected ISIS operatives are both named Adnan -- one from Sadiq Nagar in Delhi and the other from Bhopal, a senior police officer said.
'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'
The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.
Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.
'...aggressive pricing amid volatility, but these are exceptions.'
Entities controlled by governments - sovereign wealth funds, and pension funds - have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs) over the past five years.
Private investment projects constitute well over 70 per cent of the nearly Rs 34 trillion of fresh investments announced in H1 this year.
The Congress party has intensified its criticism of Prime Minister Narendra Modi regarding the Vande Mataram controversy, alleging that he has insulted the Congress Working Committee of 1937 and Rabindranath Tagore. The party demands Modi address current issues instead of historical debates.
If the visit had taken place, then it would have been the first ministerial visit from Kabul to India after the Taliban seized power in Afghanistan in August 2021.
The Election Commission will conduct phase two of the special intensive revision of electoral rolls in 12 states and Union territories between November and February, Chief Election Commissioner Gyanesh Kumar announced on Monday.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
Former Pakistan foreign minister Bilawal Bhutto had acknowledged his country's tango with terror operatives, saying that Pakistan has a past.
With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.
According to Mr Babar, within four days of this interview the Mumbai terror attack was underway, bringing the two countries closest to war in years -- 'The warmongers shattered Zardari's dream of peace with India'.
A man's alleged suicide in West Bengal, with a note blaming the National Register of Citizens (NRC), has ignited a political firestorm between the ruling TMC and the BJP, with accusations of fear-mongering and political exploitation.
It was significant that the ceremony took place at 24, Akbar Road, the party's former national headquarters, and not at its new office in Kotla Road.
New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.
The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.