Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
Defence Minister Rajnath Singh stated India's readiness to assist Pakistan in combating terrorism if it cannot act on its own, highlighting Operation Sindoor as a demonstration of India's capabilities. He also criticized Pakistan's appointment to a UN counter-terrorism committee.
'Arundhati Roy is like a ballerina performing on a high wire, cool, supremely at ease but conscious of all the adoring eyes on her,' notes P Vijaya Kumar.
A cloudburst in a remote village in Kathua district, Jammu and Kashmir, resulted in four fatalities and six injuries. Rescue operations are underway, and the district administration is monitoring the situation.
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
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.
Flash floods in Pakistan's Khyber Pakhtunkhwa province have resulted in a significant loss of life, with the death toll rising to 327 in the last 48 hours. The disaster has prompted relief efforts from the army and government agencies.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Exchange Traded Funds (ETFs) have stepped into the spotlight this quarter. With evolving market conditions and shifting investor sentiment, ETFs offer a timely solution for accessing growth with liquidity and efficiency. In this article, we break down the most important ETF trends, performance drivers, and what to watch in the months ahead.
The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.
CJI Gavai said that as head of the Judicial Infrastructure Committee he had prepared a model of setting up new taluka and district-level courts
Do not sound as if you intend to permanently settle overseas, warns Ritika Gupta, CEO and counsellor at AAera Consultants.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The interplay between domestic and foreign capital will shape India's equity markets.
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.
The court said there is nothing on record to suggest that since 2023, Purkayastha was ever called to join the investigations.
MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
The Lok Sabha on Tuesday passed the Finance Bill 2025, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements.
'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'
Cloudbursts, flash floods and landslides have caused massive destruction in the area. More than 150 houses, 106 cattle sheds, 31 vehicles, 14 bridges, and several roads have suffered damage in the disaster.
The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer.
Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.
'India is a big market for StanC, and it is also fastest growing economy in the world.'
'There's been interest from multiple states, and exploratory conversations are ongoing.'
Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.
'India is cosying up to Xi Jinping. They don't need the Russian oil. It's a refining profiteering scheme.'
The Union Budget 2025-26 has allocated over Rs 1,400 crore to the law ministry to meet carry forward expenditure for holding the 2024 Lok Sabha elections and purchase of new electronic voting machines for the Election Commission. The allocation includes Rs 500 crore for the elections, Rs 300 crore for voter identity cards, Rs 597.80 crore for "other election expenses", and Rs 18.72 crore for new EVMs. The law ministry is the nodal agency for the Election Commission, polls, electoral laws, and appointment of members to the poll panel.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.
Finance Minister Nirmala Sitharaman on Saturday presented Union Budget 2025-26, envisaging an expenditure of Rs 50,65,345 crore, an increase of 7.4 per cent over the current fiscal.
'We are ready to deliver a Brisbane 2032 games that will leave the same incredible legacy for Queensland.'
Confirming the development, Leader of Opposition in the legislative council Ambadas Danve of the Shiv Sena-Uddhav Balasaheb Thackeray said the boycott is a mark of protest against a "dishonest government".
