The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.
Kanpur police have uncovered a GST fraud racket where suspects used unsuspecting individuals' documents to create fake firms and route transactions worth nearly Rs 250 crore.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
A property near Heathrow Airport, London, worth Rs 7.5 crore has been attached by the Enforcement Directorate (ED) in connection with a bank loan fraud case involving Neo Corp International Ltd.
There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.
Investors can meet cash needs without selling their securities.
A Mumbai court has accepted the closure report submitted by the Economic Offences Wing (EOW) in the Maharashtra State Cooperative Bank (MSCB) scam case, giving a clean chit to Ajit Pawar and other accused.
Congress MP Priyanka Gandhi has accused the ruling LDF in Kerala and Chief Minister Pinarayi Vijayan of being Prime Minister Narendra Modi's "B-team" and of secretly joining hands with the BJP, alleging a compromised leadership and lack of accountability.
rediffGURU T S Khurana answers readers' personal income tax queries
The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.
A 16-year-old boy in Kanpur, India, allegedly stabbed his 15-year-old classmate to death at a wedding venue over an unpaid debt of Rs 500.
Nepal-born defender Abneet Bharti has joined the Indian senior men's team camp in Kochi ahead of the AFC Asian Cup qualifier against Hong Kong, pending FIFA clearance.
Fugitive businessman Vijay Mallya responds to criticism of his investment in Royal Challengers Bangalore (RCB) after the franchise was sold for nearly USD 2 billion.
Shiromani Akali Dal (SAD) president Sukhbir Singh Badal has criticised the Aam Aadmi Party (AAP) government in Punjab, alleging a decline in law and order and accusing them of using financial schemes to sway voters ahead of elections.
A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.
India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.
India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.
Industrialist Anil Ambani has approached the Supreme Court seeking a court-facilitated debt resolution similar to the one provided to Sterling group's Nitin and Chetan Sandesara, and five other members of their families.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
A Delhi court has requested clarification from the Ministry of External Affairs regarding the extradition status of a former managing director of Bush Foods Overseas Pvt Ltd and his wife, who are residing in London, in connection with a money laundering case linked to an alleged Rs 750-crore bank loan fraud.
An Indian-origin county judge in Texas, K P George, has been convicted of money laundering for misusing campaign funds, potentially leading to his removal from office.
A case has been registered against five people, including an 85-year-old man, for allegedly assaulting a woman court official during a flat foreclosure procedure in Thane, Maharashtra.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Jai Anmol Ambani, son of Anil Ambani, was questioned by the CBI in connection with a 228-crore fraud case involving Union Bank of India. He is expected to be questioned again.
BJP state president Rajeev Chandrasekhar, contesting from Nemom, Kerala, declares assets exceeding 93 crore, including movable and immovable properties, ahead of the upcoming Assembly elections.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
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.
Rajasthan Chief Minister Bhajanlal Sharma announced the creation of over 1.25 lakh government jobs and ongoing recruitment for over 1.33 lakh posts, alongside initiatives to curb paper leaks and promote youth entrepreneurship.
'We currently have new proposals worth Rs 1.48 trillion in the pipeline.'
A Pune-based businessman has accused self-styled godman Ashok Kharat of defrauding him of Rs 6 crore (600,000) under the guise of helping him establish a logistics business abroad. This is the eighth case registered against Kharat, who is already in police custody on separate charges.
After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.
Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.
The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.
Rahul Gandhi intensified the Congress campaign in Kerala, alleging collusion between the LDF and BJP, citing corruption cases and the drug issue in the state. He also criticised the LDF government's handling of the Sabarimala gold loss and unemployment.
The Enforcement Directorate (ED) has filed a prosecution complaint against Anil Nutrients Ltd, its director, and six others in connection with a money laundering case involving an alleged fraud of Rs 47.88 crore with Bank of India.
Venezuela defeated the United States 3-2 to win its first World Baseball Classic title, showcasing team unity and national pride.
A disruption in the supply of LPG cylinders caused by tensions in the Strait of Hormuz is impacting Indian kitchens, leading to restaurant closures, price hikes and a surge in demand for electric cooktops.
In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.
AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.
