The 40 per cent trans-shipment tariff by the US will create major compliance issues for companies in India and the ASEAN region, with high risks for sectors like machinery, electrical equipment and semiconductors, Moody's Ratings said on Tuesday. In July 31, US President Donald Trump announced a 40 per cent tariff on goods deemed to have been transshipped, beyond the broader country-level tariffs.
According to the police details, the woman went to her friend's house in Sector 23, Faridabad, on Monday evening. While returning home, she took an auto-rickshaw to the NIT 2 Chowk and then walked to the Metro Chowk.
Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.
A bench of Justices Vikram Nath and Sandeep Mehta termed the exorbitant rise of airfares by airlines as "exploitation" and asked the Centre and the Directorate General of Civil Aviation (DGCA) to file their replies to a PIL seeking binding regulatory guidelines to control the unpredictable fluctuations in airfare and ancillary charges imposed by private airlines in India.
Axis Bank on Wednesday reported a 26 per cent decline in standalone net profit to Rs 5,089.64 crore annually for the quarter ended September 2025. The private sector lender posted a profit of Rs 6,917.57 crore for the July-September quarter in 2024-25.
Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.
Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.
The India-US ties witnessed a major downturn after President Trump slapped a whopping 50 per cent tariff on Indian goods, including a 25 per cent punitive levy over Russian oil purchases.
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years
rediffGURU Chocko Valliappa counsels students how to choose the right course and career after Class 12.
A day after a 25-year-old woman was reportedly gangraped in a moving van through the night and thrown out of the speeding vehicle, chilling details have surfaced pointing at the brutality of the two alleged perpetrators.
India and Russia are expected to unveil a major nuclear energy partnership during Vladimir Putin's visit, potentially involving Russian small modular reactors and expanded cooperation as India pushes toward its 100-GW nuclear goal by 2047.
India's services sector activity eased slightly in March, weighed down by a marginal slowdown in sales amid softer demand conditions and easing inflationary pressures, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from February's reading of 59.0 to 58.5 in March, but remained above its long-run average of 54.2.
ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1. The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.
Industrialist Gautam Adani-led Adani Group is looking to invest around $60 billion up to FY32 in power sector, especially in renewables, generation and transmission/distribution. In an investor presentation, Adani Power said the group plans $21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25.
A 25-year-old married woman was allegedly gang-raped in a moving van in Faridabad and later thrown onto the road, sustaining serious head injuries, police said on Wednesday.
The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday.
The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.
This was up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.
But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.
US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now.
A parliamentary panel on Monday discussed resettlement policies, healthcare facilities and avenues for ex-servicemen and sought to know details about post-retirement employment prospects of former soldiers.
The Indian Space Research Organisation (Isro) on Thursday came out with the Indian Space Policy 2023 to promote greater private sector participation in the entire value chain of the space economy. According to the policy, Isro will encourage new-generation entities to participate in space exploration and human presence in outer space, including collaboration with domestic and international stakeholders. The policy also sets a road map for Isro to transition from manufacturing operational space systems to focus energies on research and development in advanced technologies.
According to police, neither the victim nor her family knew about the pregnancy until she went into labour on Tuesday.
Finance Minister Nirmala Sitharaman on Saturday announced giving the private sector a role in India's space programme, including in satellites, launches and space-based services.
Group Captain Shubhanshu Shukla, the first Indian to visit the International Space Station, has been awarded the Ashoka Chakra, India's highest peacetime gallantry award. The award recognizes his contributions to the Axiom-4 mission and India's advancements in human space exploration.
rediffGURU Nayagam PP, founder of Edujob360 recommends how you can skill yourself to land your dream job.
HDFC Bank has been barred from onboarding new customers at its Dubai International Financial Centre branch by the local regulator. HDFC Bank, India's largest private sector lender, said it has initiated the necessary steps to comply with the notice of the Dubai Financial Services Authority and added that it does not see any material impact from it.
Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
Among the Sensex firms, State Bank of India, Maruti Suzuki India, Axis Bank, NTPC, BEL, Adani Ports, Eternal, Sun Pharmaceuticals, Power Grid, ITC, UltraTech Cement, Trent, HCL Technologies, Mahindra & Mahindra, and HDFC Bank were the major gainers. On the other hand, Tata Steel, Tata Consultancy Services, Tech Mahindra, Titan, Bajaj Finserv, Tata Motors, Bharti Airtel and Bajaj Finance were among the laggards.
India's nuclear energy share in total installed capacity remains limited, fluctuating between 1.9 per cent and 2.9 per cent from FY10 to FY24.
'Rainfall does not appear to have a statistically significant impact on foodgrain production since the last few years, which contrasts with the traditional view of India's heavy reliance on monsoon rains for agriculture.'
The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.
A 25-year-old woman was shot inside a club in Gurugram after she allegedly refused a marriage proposal. Police have arrested two suspects and are investigating the incident.
Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital expenditure decisions in the current financial year. The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.
'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'
Lok Sabha adjourned sine die, marking the end of the 19-day Winter Session. Key bills were passed, including one opening the civil nuclear sector to private companies and another replacing MNREGA.
