The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.
The Supreme Court of India has imposed a fine of Rs 10 crore each on 10 private dental colleges in Rajasthan for irregularities in admissions, citing blatant illegality and willful violation of rules. The court also directed the state government to deposit Rs 10 lakh for failing to adhere to legal procedures.
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.
Among the Sensex constituents, Eternal, Trent, Bharti Airtel, Infosys, Tech Mahindra, UltraTech Cement, ICICI Bank, HDFC Bank, Bajaj Finance, Tata Consultancy Services, Bharat Electronics Ltd, Larsen & Toubro and Tata Motors Passenger Vehicles were the laggards. However, Tata Steel, Sun Pharmaceuticals, ITC, NTPC, Reliance Industries, HCL Technologies, PowerGrid, and Asian Paints were among the gainers.
The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.
Prime Minister Narendra Modi interacted with students on a cruise ship on the Brahmaputra River during a 'Pariksha Pe Charcha' programme on the second day of his Assam visit.
Bradman wore that cap during the 1947/48 series against the first Indian team to tour Australia. The series saw Bradman amassing 715 runs from six innings.
'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'
A national-level basketball player died in Rohtak, Haryana after a basketball hoop collapsed on him during practice. The incident was captured on CCTV.
The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".
Bank lending to companies is expected to go up in the coming quarters because the difference in interest rates between corporate bonds and bank loans has narrowed. In addition, recent policy reforms by the Reserve Bank of India (RBI), including allowing domestic banks to do acquisition financing, are expected to give further support to corporate lending, analysts said.
A 17-year-old student who had topped his district in the 2023 class 10 board examinations allegedly committed suicide, just hours before he was to appear for his class 12 physics pre-board exam, police said.
Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.
Defence Procurement Manual 2025 lays down the guiding principles for revenue procurements in the defence ministry worth around 1 trillion in a financial year.
The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion.
Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.
The government has criticized Sonia Gandhi for holding '51 cartons of Jawaharlal Nehru papers' and has requested their return to the Prime Ministers' Museum and Library (PMML) for public access.
India has 54 institutions in the QS World University Rankings, making it the 4th most represented country after the US (192), the UK (90) and China (72).
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Enforcement Directorate 'simply inverted the template' of Prevention of Money Laundering Act (PMLA) by registering a first information report (FIR) in 2021, a Delhi court on Tuesday said while refusing to take cognisance of the ED's money laundering charge against Congress leaders Sonia Gandhi and Rahul Gandhi in the National Herald case.
Earlier, police froze Rs 8 crore linked to Saraswati and parked in multiple bank accounts and fixed deposits.
Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.
15% of the participants reported substance use at least once while 10% reported substance use in the past one year.
The Delhi Pollution Control Committee (DPCC) reports improved air quality in Delhi compared to the same period last year, attributing it to coordinated efforts by government departments. Officials aim to avoid implementing GRAP Stage III restrictions through proactive measures and public participation.
The winter session of Parliament is set to begin with the government prioritizing its reforms agenda, including a bill to open the civil nuclear sector to private players. The opposition is expected to raise concerns about electoral roll revisions and air pollution.
The Association of Indian Universities (AIU) has suspended the membership of Al Falah University due to its connection to the Red Fort blast case.
rediffGURU Chocko Valliappa counsels students how to choose the right course and career after Class 12.
'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'
The brother of the chancellor of Al Falah University, linked to the Delhi blast probe, has been arrested by Madhya Pradesh police from Hyderabad in connection with nearly 25-year-old fraud cases.
The Supreme Court has directed authorities to relocate stray dogs from institutional areas like schools and hospitals to designated shelters due to a rise in dog bite cases. The court also addressed the issue of stray animals on highways.
This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.
Heavy overnight rain in Gurugram caused widespread waterlogging and traffic gridlock, bringing the city to a standstill. Several residential areas and major roads were inundated, leading to commuter chaos.
From the Sensex firms, Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent and HDFC Bank were among the major laggards. However, Bharat Electronics, Larsen & Toubro, Tata Consultancy Services, ITC and State Bank of India were the gainers.
Stay somewhere that's as memorable as your destination, and India's got plenty of surprises!
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
India's equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.
The Supreme Court has directed all states and Union Territories to report on the implementation of guidelines for addressing mental health issues and suicide among students in educational institutions. The Centre has also been asked to file a compliance affidavit.
India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.
'There will be no Malayali who does not recall, at least once a day, what Sreenivasan wrote, spoke or showed on screen.'
Global tech giants surprisingly prefer skills over IIT and IIM tags which no longer guarantee entry into the world's most innovative workplaces.
