The Supreme Court on Monday directed uniform pension benefits for all retired high court judges, irrespective of their mode of appointment or tenure, saying "one rank one pension has to be the norm in respect of a constitutional office".
An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday.
The Supreme Court of India has ordered a progressive reduction in the deputation of Indian Police Service (IPS) officers to Central Armed Police Forces (CAPFs) over the next two years, citing concerns over the delayed promotions of cadre officers. The court's decision aims to address the long-standing grievances of CAPF officers who feel their promotional prospects are hampered by the presence of IPS officers in higher ranks. The ruling also mandates a cadre review of the CAPFs to be completed within six months, addressing the issue of stagnation in the service hierarchy. The court's decision acknowledges the valuable contributions of CAPF officers while also recognizing the need to balance their promotional prospects with the operational requirements of the forces.
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
The upcoming delimitation exercise should reflect the social realities uncovered by the census, ensuring proportional political representation for marginalised groups, it read.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'
The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.
Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).
Karnataka Deputy Chief Minister D K Shivakumar denied on Monday making any comments regarding changing the Constitution to accommodate four per cent reservation for Muslims in the state. He claimed he was "misquoted" and warned of moving a breach of privilege motion. Shivakumar's remarks came after the BJP forced repeated adjournments in the Lok Sabha over his alleged comments on the matter. The BJP has accused Shivakumar of seeking to change the Constitution for political gain, highlighting the ongoing controversy surrounding reservation policies in India.
'They have no chance of winning if free and fair polls are conducted.'
From the Sensex firms, Tata Steel, Eternal, Tech Mahindra, Maruti, Mahindra & Mahindra, Infosys, IndusInd Bank, HCL Tech, Tata Consultancy Services and Bharti Airtel were the major gainers. Telecom operator Bharti Airtel climbed nearly 1 per cent after it posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. However, Asian Paints, Tata Motors, Kotak Mahindra Bank, NTPC and Power Grid were among the laggards.
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.
'When the youth population is so large, in a globalised world, they look for opportunities. Are there enough opportunities for the youth in India?' 'The idea of affirmative action has to be creating capability. All individuals have potential. Unfortunately, there is capability deprivation because of the State's inaction.' 'Nation building has been a disaster in India mainly because we lacked the work ethic compared to the US and European countries.'
Congress leader Rahul Gandhi on Thursday claimed that Prime Minister Narendra Modi had agreed to hold a caste census 'out of fear' of the country's deprived population, to which the opposition was lending its voice.
S&P Global Ratings on Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for Asia-Pacific (APAC), S&P said despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
Attorney General K K Venugopal, appearing for the Centre, strongly argued in favour of granting quota to SC/ST employees.
With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.
Caste census politics took centre stage on Thursday with the Congress terming the government's decision as a 'diversionary tactic' and a move for headlines management and the Bharatiya Janata Party saying it has exposed the difference between the Centre's 'true intentions' and the 'empty sloganeering' of the opposition party.
There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.
The Supreme Court on Friday refused to entertain former ICICI bank managing director and CEO Chanda Kochhar's plea seeking retirement benefits from the bank. A bench of Justices Sanjiv Khanna and SVN Bhatti said, "Not a case for interference. We are not inclined to interfere with the high court order. "The special leave petition is dismissed." At the outset, senior advocate Harish Salve, appearing for Kochhar said the high court had dismissed the petition without any discussion or finding.
Maratha quota protester Manoj Jarange, who has been on a hunger strike in Maharashtra's Jalna district, said on Thursday that their agitation will continue till the state relaxes the condition of genealogy while giving Kunbi caste certificate to the community members from the Marathwada region.
The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.
Maratha quota activist Manoj Jarange on Thursday ended his nine-day-old indefinite fast, but warned of a bigger agitation if no action was taken in two months on giving reservation benefits to the community.
'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
Union minister Narayan Rane has opposed the Maharashtra government's decision to issue Kunbi caste certificates to the Maratha community members and said 'proud Marathas' would not want to be included in that caste segment to avail reservation benefits.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
The decision comes a day after Chief Minister Eknath Shinde said a government-appointed committee scrutinised 1.72 crore old documents (including those of Nizam-era) and among them, 11,530 records were found where Kunbi caste was mentioned.
The SBIF Asha Scholarship Programme for Overseas Education 2024-25 aims to provide financial assistance to meritorious students from low-income families across India, ensuring the continuity of their education.
A strong demand for revocation of reservation and other benefits to tribals who convert to other religions was made in the Lok Sabha on Monday.
'This helps the consumers secure more favourable terms from CIs.'
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
'There were deep discussions within the Sangh Parivar before this decision was made.' 'They were convinced, and only then did the Modi government proceed with the caste census.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Activist Manoj Jarange on Monday said he will set out on a tour of Maharashtra after the Diwali festival to meet Marathas and make them aware about the issue of reservation for the community.
The Bahujan Samaj Party (BSP) in Uttar Pradesh is reviving its 'brotherhood committees', a strategy used successfully in the 2007 elections, to bolster its support among Other Backward Castes (OBCs) ahead of the 2027 state assembly elections. These committees, to be formed in all 403 constituencies, aim to connect with 100 people from OBC communities in each village, acting as ambassadors of the party at the booth level. The BSP sees these committees as a counter to the Samajwadi Party's PDA pitch and a means to consolidate its scattered rural vote bank. The party is also highlighting the 'anti-Dalit' and 'anti-OBC' tactics of the Congress, BJP and SP, hoping to capitalize on perceived grievances and reposition itself as a champion of marginalized communities.
'If his health was good he would have become CM again after polls.' 'Those who are with Nitish Babu today will remain with him till the elections to use his name for votes and would definitely play games with him after the polls.'
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
